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Home My WebLink About2594 . 24~544 THIS iNDENTURE. Made the 2nd day of FQh r siy~ A.D. 19 73 be~vreen ~ _ Mitchell McCa~ty~a sinqle adult of St• ~.UCl@ tp~nry flo~~ds, hertinaftet desgnated as the "MORTGAGOR," and FIRST FEDERAL SAVINGS ANO IOAN ASSOCIATION OP fORT PIERCE, a corporation organizcd and ex~sring under the laws of the United Statoi of Am~rici and having it~ pri~xipal place of businesf in the City of Fwt Pierce, St. Lucie County, flw~da, hereinafter des~gnated as tM "MORTGAGEE:' WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE i~ the sum of f 8~3~•~ good and lawiul money oi the Un:ted Srates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a cer~ain promisswy nole of even date herewith, of wh~ch the foltowing in word~ and f~gures is a true copy, to-wit: s g*3Op~pp r,~, 100193~7 Fwt Pierce. Flaida. RQbZ tla r~(~ _19?~_ Fw value receivfd, I, we or either of us, prom~se to pay, without defalcat~on, to ~he order of FIRST FEDERAI SAVINGS ANii LOAI~ ASSO~IATION OF FORT PIERCE at Fort Pierce, Florida, the sum of S_ 8. 3QQ~~ with inte~es~ from date at the rate of 7• 5°-o per annum, in monthly instatl- rients as ioltows: S__?7 on fhe l~th day of ~rCh ~q_ 73 and a like sum on the co~respond~~g day of each mon;h ihere- sfrer until the whofe be f~lly paid. Each installment firat shall be applied in payment of the interest and then on the unpaid balance of the prinupal sum. If d>fault is made in the ~:ayment of any installmem when due, and such deiault continues 30 days, then at the option of the holder, and without any other :w~ice, all the remain:ng ~nstaltments shall be due and payable at once. Privilege is given to prepay this note in whole or in part at any time without penalty. tJe~ther (orebearance, nor acceptance by the holder thereof after any defautt i~ any payments hereon, shall be deemed extension. A lata payme~t charge of S-3'85 shall be added to each insrallment remaini~ unpa~d 7 days after its due date, and a tike sum shall be added to each :uch installment remaining unpaid 7 days after each sutceeding payment date. Each maker, surety and endorser he~eof, jointly and severally, waives demand, presentmenl protest and notice of protrst fw nonpayment, and furthe~ agrees to any eztension of time of payment, either beFore w after maturety, without notice to any of us; and to pay all casts of coflection, inctud~ng a rea;~nable attorney's fee in the event of any defauit hereunder. and he~eby severally waives all benefit of homestead and exemption under the constitutan and laws of each State of the United States, as against this obligation w any extens~on or renewal hereof. Witness 1he hand and seal of each party. s/ Mitchell McCarty, a sirx~le t~lt (SEAL) (SEAU (SEAU $ 12.45 ~ S+ate Revenue ~n~m~eaae~ottbtxaoo~cbmaxfc NOW, THEREFORE, the MORTGAGOR for the pu~pose of securing payment of said sum of S 8~ 3~' ~ and the perfwmance of the cover~ants and agreements hereinafter expressed, and for divers good and val~able considerations, by these presents, dces grant, bargain, self, remise, release, convey a conf' m uNo ?he MORTGAGEE, its successors and auigns, al! that certain lot, piece w partel of land, situate, lying, and being in the ~t . ~ L1C 1Q Counry of and State of Florida, dexribed a~ fol{ows: Lot 11, Block 4, of TUSKEGEE PARK Si~DIVISION, according to the plat thereof recorded in Plat Book 8~ Page 74, of the Public Records of St. Lucie County, Florida. ~ f MP~ i A-~r~~ _ ~ 1 , E ° SJ ~ - 2. ~ o ~a~,~-~?~ ~ _ ~ ~ ~ ~ ~ Qt p ~ . i c,y s~ LN~ y::;.y1~ ' ~r~ ! J • ! s G ~ cd• R~f/VEp i .c~ o ~ ~t,o2 /y~./y. - ~ r Nt IM PAYIAEAfi ~ o p~~~~ 'C IN7My~l8LE PF3S~~q ~ 7~ 5 • ~HAPTER ~1-134. 1 P~'£RI1; ~ CI ~ rs ~ 19I1 ; RCUIT Cp~~RTPo T lUClf (,~p n~ y ~ ti • LI~ 5g Y ~5 6 ~ ~ rogether with all and singular the tenements, hereditaments and app~rtances thereunto belonging w irt anywise appertainirg therefo, and all rent~, issuei, ~ prxeeds and profits accruing and to accrue from said p?emtses, all of wh~ch aro included in the above and foregoing dexription and F~abendum. g TO HAVE AND TO HOLO the above dexribed and gra~ted premises unto the uid MORTGAGEE, its successors and assigns forevd. And the aaid t their ~ MORTGAGOR for he~rs, executws, administrators and assigns, hereby tovenants with the said MORTGAGEE, its suttessors end aupm, ~ rhat ~~-~e--- iawfully seized of the said prem~ses in fee simple; that the same are free, clear and diuharged from all liens and encum- ~ brances ~n law or in equity, and that they W~~~ a~ their F,eirs shall warrant and defend t}K title to the same to the said MORiGAGEE, its successors and assigns, forever against the lawful claims and demands of all persons; = PROVIDED, AlWAYS that if the MORTGAGOR shafl pay unto the MORTGAGEE the pramissory note hereinbefore deuribed and shsll fruly, promptly and fully perForm, d~scharge, execute, complete, comply with and ab~de by each and every the stipulations, agreements, conditions and covenants of sa'id ~<a piomisswy rate and of this Mortgage, then this Mongage and the Estate hereby ueated shall ceau and be null and void. IT IS UNDERSTOO~ fhat the woid "Mortgagor" whether in the singular or plu~al snywhere in this Mortgsge, shall be singalar if one only and ' shall be plural jointly and severally if mwe than one, and that the wwd "the~r" as used anywhere in this Mortgage shall be taken to mean "hi~;' "hers," zi or "its;' wherever the conte:t so implies or admits. Also, that wherever there is a reference in the covenants aru! agreements herein contained to any of rhe parties hereto, the same shall be constrved to mean as well as the heirs, legal representatives, successors and assigns (either voluntary by atl of the parties or involumary by operation of the law) of the same and that the covenaros herein contained shall bind and 1he benefits and advantsgp inure ~ ro the respective heirs, legal repreuntatives, successors and ass'gns of the parties hereto. - And said Mortgagors, fw themselves and their heirs, legal representatives, successors and assigns, hereby jointly ar.d severolly covenant snd sgree y ro and with the said MORTGAGEE, its successors and ass~gns: ...y 1. To pay all and singulsr tbe principal and interest and the various and sundry sums of money payable by virtue of said promissory note, sod this ~t mwtgage, each snd every, promptly on the days respectively the same severally become due. ~ 2. To pay all and singvlar the taxes, assessments, levies, Gabilities, obligations and encumbrsrxes of every nature and kind now on ssid desc?ibed :4 property, w that hereafter may be imposed, suffered, placed, levied, or suessed thereon, or that hereafter may be levied w ~sxssed ~pon this Mortg- age, or the indebtedness secured hereby, each and every, when due and psyable, according to Isw, before they become delinqueM, and before sny interest ~ arraches w any penalty is inc~rred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPiIY SATISFIEO AND DISCHARGED OF RECORD AND THE ORIGIP:AI OFfICIAI DOCUINENT (SUCN A5, FOR INSTANCE, iHE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIALLY ENDORSED OR CERTIFIED) SHALL BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NfXT AFiER PAYMENT; and in the eveM that any thereof is not pa~d, saYsfied and d~scharged sa;d MORTGAGEE may at any t~me pay the same or any part thereof without waiving or affeding any option, lien, equity o~ - ~~qht ~nder or by vinue of this mortgage and the full amount of eacF and every such payment shall be imr~ediately due and payable snd shall bear interest ~rom +he date thereof until paid ar rate of nine per ce~tum per annum and toget6e~ wah such interest shall be secvred by t li th:s morgtage. f , Art : V~~1~-~O ~ ~l'I ~ ~ _ ~ ~ ~ ~r~. _ ~ ..,`W . . . _ , .,.._s