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THIS INOEI~TURE, Nl~dt the 23=d ~y of February ~p. 19
7~ ~r,~,~~
_ Lpy,~ McKenzie and Shirley V. McKenzie~ his witp
of - St ~,~.uCi e C~N ~,~;~itH d~signafed as tha "MO$TG~t~iOri' 'and fIRST FEDERAt SAVINGS AND IQAN
ASSOClAT10N OF fORi PIERCE. a corporat;:n oryan;zed and ex~ianp u~ tF+~ laws of tik Un~r~d S:at~s of Am~rica and havinp ib pri~;ipal placs of
busines~ in tAe City of fort Pi~r;~. St. tvae County, Fbrida. hersinaftw dasq~ar~d ~s tM "MORiGAGEE:'
WHFREAS tM MORiGAGOR is +wtly ir~bt~d w tM MORTGAGEE ia the sum of ~ 14,3~. ~ gocd and lawfu! nwney of the Un:ted
S?aret advanced by the MORIGAGEE ur,to the MOStiGAGOR, as evidenced by • ce~~a~n promissay ~ote of even da~e hersw~~h, of wh~c!? ~he iollowinp ie+
wwda a~d fiqurss is a trw co, y, ~o-wit:
s14,300•0~
~o lA~19466
' Forf Pierc~. ftorid~. Ri2_
brt~Atv 23 19~3..
Fw valve rrceived. 1, we o~ eitFe~ of us, prom~se ?o pay, wichout defalcar~on, ro ths order of FlRST FEOERAL SAVINGS AND LOAN ASSOCI/1T10N Of
FC,(~, PIERCE at Fort Pierce, fJwids, rhe sum of s i~, 3Q0. ~ w~th intcrest from date at ~he rate o~~~% pe~ an~um, in monthly install-
~enrs u follo.vi: =118 a~ on the h d~y of Anz i 1 19~_ snd a I~ke swn on the ca~eapond~~g day of each monih therr
afrer until thc who~e bs fully paid.
Ea~h ir?staflment first shall be appl:ed in payment of the intezest and then on the unpaid bslance of the princlpal sum, tf defwlt is made in the
paymcnt of any i~:rallmem when dur, and auch default cvntinves 30 diy~ then at ti~e c+pYwn of the hoider, and wi~hout a~~y o~her notice, all the remaining
~~,sratlmcnts shall be d:x artd payab:e at once_ Privilrge is given ro prepaY this note in whok or ie? psrt a1 any tune without penslty. Neithcr forebeara~ce,
nor ~ttept~nce by tlk twfdar theteof siter any de~evlf e~ any payrreents hereon, shall be decrt+ed extetuion. A late paymeM charge of S S• 9O . shalt be
added ro each installment remanirg .unpaid 7 days afte~ in due date, and a like sum shall be added 1o each such installinrnt remaining unpaid 7 days aftrr
each succeeding psy:r.enf date. -
~ ~ Each maker, surery and endasr hereof, jointly and severally, wsrvcs demand, presentment protest and ratice of protcst fw nonpayment, and further
agreea ro any extensan of time of payment, ei:hcr before w af;er maru~~ry, without not7ce ~o any of us; and ro pay all msts of coilectio~, includ~ng •
` ~easonab:e attwney'a fee in the event c+f any dcfauit hereunder, and he~eby several:y waives all bcnefit of homestead and ezempti~n undcr the cautituYan
and laws of eath St~te of the United 5+ates, as against this obligation q sny extension w renewat hereof. _
Witr?cu the hand and seal of each party.
S/ Louis C. McKQnzie ~w
cs~?u
' ~ ~ S/ Shisley V. MclGenzie ~
(s~W
( $~1 .45 ) $fafe Revrnue
t~r.~ss+~dsa~taaiw)
r~o~w, THEREfORE, the MORTGAGOR iu the . 14 300.00
pu pose of securiry paymer~t of ssid s~m of ~ ~ ~ ~nd the perform~~ce of tfis
covenanri and agreementi hereinafter e:p?eased, arx! fw divers good and ralwble considerat~o~s, by ti~ese presenti, does grant, bar9ain, utt, rem:se,
release, convey and tonFirm v~to the MORIGAGEE, its succeuws and auigns, atl tF~at ceruin IoL pieoe or pucel o! land, aitwte, lying, and bei~g in 1hs
Courty of St _ I.ueie , and Stste of Fbrida, dcwibed as tolbws: ~
From the Southeast corner of the Northeast 1/4 af the Northeast 1/4 of Seotion 6,
'Iowaship 35 South, Range 40 East, run North aloag the center of 41st Street 298.51
feet; thence on an angle of 90 degreQS, 22 ~inutes, 30 seconds, turned fzoa South
to West, run West 493 feet, thence on an angle of 89 degrees, 33 ainutes, 30 seconds,
Luzned fsoa Bast to South, rua 209.32 feet foz Point of beginning; froa the paint
~ of beginning continue Soutb 69.78 feet; thence tuzn and run West 134 feet, tbence
run North 68.78 feet, thence ran Bast 234 feet to the poiat of beginaing. 2his also
known as Parcel ~4 of a plat and survey nade by H. ~ESKINS, SIIRVEYOR, of Section ~
~ 6, To~mship 35 Soutb! Range 40 East, and recorded in the public records at the ~
Co:~=ttiouae of St. Luci~ Counly, Flozida. LESS AND fiXCEP?ING the right of way for Ave-
nue Q.
~ °~,,S o~ ~~R~oA ~ 3 -
~ t? ARY StAMP TA It ~ R6CENED 0
D£
.~'~~~NIlE ~ DliFtHt CI.~ ~~~y~ IN PA~G1~NT O~.F TAl(F~
/MR7~B~G ~C.'-..`.i • r~~v~CR~~
i _o Ft~27?t ~ 2~. 4 5~ PURSIWVT TO CIiAP~ER 7I-134. ACTS OF 19~1_
e =~tt~oi ~ R06ER AORRAS `j;<<
ClfAf CI(CUR COUAT, ST. WCIE Op~ ~ ~
I -
~
~
rogether with sll a~d sirgut~r the tenements, hereditam~nb snd spp~:rtances tl+ereunto betonging w in anywise appertainirg thereb, a~d al! renrs, wue~.
i proceeds and profits acuwreg and to xwe lrom said premises, aIl of wFiKh ue indwled in the ~bove and iwe9oinp descripYwn u~d habendum.
~ TO HAYE AND TO HOID the sbove desacbed snd gr~nred prc:~ises vnto the s~id MORTGA6EE, its succeswn ~ed assigns fwever. Aed tM wid
h+tORTGAGOR fw he;rs, execurors, adminis+ratws and assgns, F?ereby covenants with the s~id MORTGAGEE, i» wccessors u~d assipro,
~ rhat the~ are - law4ully se~:ed of tF?c said prem~ses ie? fce simple; that ths s~me are fr~e, clear and disci~arged from all liens and N+cum- +
brances in Isw w in equity, and thst the~e w~~~ a~ t6eit hein shall wurant and defer?d the title to the same to the wid i
MORTGAGEE, its successors and suigns, fwever against the lawfvl daima aad dnnar~ds of ap persorn;
PROVIafD, ALWAYS tha! if tAe MORTGAGOR shall psy ~nto the MORTGAGEE the pramiasory note hereinbefwe described snd sfiall truly, promptly
, :+nd fully perfwm, disc.harge, execute, complete, comply with and abide by exh ar.d ere?y the stipulations, agreemenri, conditions and oovenanb of said
p;om~sscty rate ~nd of fhis Mo~tyage. then this Matgage and the Estate hereby atated shall ceasa and be null ar~d void- ,
li IS UNOfitSTOOp thst the word "1Nortgagor" wi+e?4~er in ti+e singvlu p plwal anywhere in this Mortgsqe, shsll bs sinpular if oM only and -
sha~i be plural jointty and sever~lly if mwe thsn ooe, snd that the word "their" as used ~nywhere in this Mortgsge sFwll be take~ to mea~ "his," "hets;'
cr "~ts;' whererer the context so implics a sdmits. Also, thst wlxrever ft~ere is s reference in t1~e carcn+nn •nd ayrecrnenn i~ere;n conrs;ned ro.~ of
the parties hereto, the same shall be construed to mean ~s well ss the heirs, {sgal represenHtnes, svccesson snd uigrx (either voluntuy by act of the
parY~ea or imr~lumary by operation ~f the law) of the sarne a~d that thE covensnq herein contained shall bind •nd rhe benefin snd drsnraQes i.~ure
ro the respective hein, 1egs1 represenratires, successo~s and +ss~qns of the puties herete.
And said Morrgayws, ia fhemxlves and the3n c~irs, kgal rep~esentatives, wccessors and sssigru, hereby jointly and severally covenant a~d apree
w and with the said MORTGAGEE, i1s svcccsson a~d assig~s:
1. To psy all ~nd singolu tFk priocipal and interest a~d the wrio~s snd sundry sums of mo~ey psyable by virtue of ssid promiasory note, ~nd tha
, mortgsqe, each and every. promptty on the days respectivcly the same severally becorne due.
2. To pay all and sinqvla? the taxes, assessments, kws, fisb~lities, oblig~tiw~s se~d enc~mbrances of every natwe and kind now on said described
properry, w that hereaf+e? may be ~mposed, wffered, piaced, kvied, a assessed thereon, or th~t hereafte~ may 6e levied a asseued vpon tf+is N{aty-
age, a the indebtedneu secured here~y, each and every, when due and payabk, xcwdinp to !aw before tl~ey become sklinquent, and before any imerq~
arraches a any penalty is inca.red; AND INSOFAR AS ANY iHEREOf IS OF RKORD THE SA1NE SHAIt dE PROMPTLY SATISFIE~ AND DISCHARGEO Of
RECORO AND iHE ORIGlhAI OFFICIAI DOCUlMENT (SIKH AS, FOR INSTANCE, THE tAX RECEIPT OR THE SATiSFACTtON PMfR OfftGlAllY fAlDORSFD
dR CERTIFlED) SHAtI BE PlACFO IN THE HAkDS Of SAID MORTGAGEE WIiHIN TEN DAYS NEXT AF?ER PAYAIENT; and in the event that any thereof is na
pa~d, saYSFied and diuharged sa'd MORiGAGEE may at any t~me pay Ihe same w any part thcreof without wa:ving w affeding any opYqn, 1'~en, eqv;ty p
~+ahr under a by virrue of rh~s morrgage a~d rhe f„tt amounr of each end every such paymero siull br immediarely due and psy~bk snd ihall bear :neeresr
j~om i1~e dste thereof unt~l paid ar rate of r.~ne per centum per ~nnvm snd togethr w~+ t ex st+all be secured by the liee of th:s morg~a9e.
90~K~~1 PACE~O~~
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