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Home My WebLink About0771 ~5251~ THIS INDENTURE, Mad~ tFie 17th day of wPrii 73 . /1.D. 19____.~ b~lwkn Jo~ McG~• and Dixi• B. McGte, his wi! e of - St • T.t1C~e ~~qie~y Florid~, hsre~n~ffK d~iigna~ !rs !~W RTGAGOR,'~ and FIRST FEdEQAI S~?VINGS AND LOAN ASSpCIATlON OF FORT PIERCE, a corporation up~nisad ~nd ~xis?inp undk tM M~ a~~M•~it~l! S~aas ~ Americ~ ~nd Mvinp i1s princip~l pl~t~ of buunsss M tM City of Fwt Pi~ru, St. l~ci~ Cou~ty, FIaWa, fltfliMNH dltiQMtffJ n fFN "MORTGAGE[." WHEREAS tM MORiGAGOR h{vuly Indeb~td to tM MORTGAGEE in tM sum of j 4~ 4~~~ yood and law(vl +noney of ~he Un~!ed Sratet advanced by the MORTGAGEf unto ths MORTGAGOR, as evidenced by a certtin promiuory ~ot~ o( eren date herewith, o( wh~ch tF?~ follov?Inp ~n word~ ~nd figures is a trw copy, to-wit: . ~ a,aoo.oo 10o1972a Faf Plerc~. florM~, April 17, 19 7~ Fw value received, t, we or either of us, promise to pay, without defalcation, to ths order of FlRSi FEDERAL SAVINGS AND IOAN ASSOCIATION OF FQRT PIERCE at fort Pierce/~ Fbrida, the sum f~~ 4 with int ? from date at the ~ate of 7•7+16 per annum, in monthly instalb menrs as follows: = 37•V~ cn the d~y of ~e 1q ~ and a like tum on the cwresponding day of each month therr after until the whole be fully paid. Eath instaflment first shall be applied in payment of the interesf and then o~ tF~e unpaid balance of 1he principat svm. (f default is msde fn the. payment ot any installmeot when due, and such default continues 30 days, ~hen at the opfiw~ of the holder, and without any other notice, all the remaining ~nstallments shall be due and payable at once. Privilege i~ given fo prepay this note in whole w in part at aoy time without penslty. Neitlxr forebea~ance, na atceptance by the holda thereof aftcr any default i~ any payments hereon, shall be deemed extension. A late payment tharge of S l.es . shaH be added to each instatlmenl remainirg unpa~d 7 days after it~ dur date, and a like sum shall be added to each such ins?allment remai~ing ~npaid 7 days after each succeeding payment date. Each make~, surety and endwser hereof, jointly and severally, waives demand, presentment protest and notite of p?otest fw nonpaymtnf, and furlhe~ agrees to sny extensio~ of time of payment, e~ther before w after maturity, without notice to arty of us; and to pay all msts of collection, including a reasonable attwney's fee in the event of any default hereunde~, ~nd hereby uverally waives all be~efit of homestead and exemption under the constituYan and laws of each State of the United States, as against this obligation w sny extension w renewat hereof, Witness the hand and ual oF each party. s/ Joe T. McGee ~~U cs~?u s/ Di]tiQ B. MCG~ ~qp ( $6 ) State Reven~e (Staawi vaaeUed on o~inalsote) NOW, THEREfORE, the MORTGAGOR fw the purpose of securing paymeRt of said sum of s 4~dar.~ . and ths performa~ce of ths covenanti ~nd agreemems hereinafte~ expreued, arxi fot dive~s good and valwble conside?ations, by these presents, does grant, bary~in, telf, remise, retease, convey a~d confirm unto the MORTGAGEE, ib ~uccessors and suigns, all that certain bt, piece or pucel of land, aifuste, lying, and being in fFa Cwnty ot St. T.11C1! and State of Florida, described as fdlo~ws: Lots 2 b 3, Block 1, FLARENCE M. HAI~CHER SUBDIVISION, as per plat . thereof on file in Plat Book 10, page 7, of the public records of St. Lucie County, Fiorida, ~ p4 ~t~ ~ ~ ~h Q~'~'~ ea°e~ . ~ QEK~ ~ 191~. ~g\8 A A~jS RECE~~ ~Sca q~P~j~~uC1E F~A- ~ ~0 ~~~i, s~_ ~ C~RX C~ This is a secoad sortgage, being infezior only to a prior first aortgage froa ~ortgagors to ~ortgagee dated December 13, 1972 and recorded in O. R. Book 209, page 741. Public ReCOrds of St. Lucie County, Rlorida. i ° OOCUMENTARY~ ~~iDQ ~ o ~ ..,,i TAMP iAX ~ ; ~ uFrt. of t~n~~uE ; . 0 ; ~ _ = ~ ~ :~,s7: : 0 6. 6 01 ~ f o ~tt~o: ~ . ~ together with all and singular the tenements, Fxreditsmenri snd appurtances thereuMO 6elonginp or in snywife ~pperfain'up the?e1o, and ~II renri, lssues, proceeds and profits acuv+ng and to xuue from s+id premises, all of wFi~d+ ~re incl~Jcd in the ~bove and foregoing descripYan and hab~ndum. j TO HAVE AND i0 HOLD the sbove desv~bed and granted premises unro the said MORTGAGEE, in s~xcessors snd ~uig~ foreva. And ths said ~ MORTGA R for th@lY ~;~s, exec~tors, administntws and auign~, hereby cavenanb with the said MORTGAGEE, iri avccesfors ~nd assipia, j thar ~ey a re - lawfully seized of the said premises in fee simple; fhst the s~me ue frte, ckar and d'~xharged from all (icrq and tntu~ 'i brances in law or in equity, and that th~3[_ W~~~ thoir hein shsll w~rrant ~nd dafend the title to the ssme ro the said MORTGAGEE, it~ suctessws and ~uigns, fwever against the lawful claims snd demands of ill persons; ! PROVIDED, ALWAYS that if the MORTGAGOR sF~all p~y unto the MORTGAGEE the promiuory rate hereinbefore destribed snd shall trvly, promptly and fu~ly perfam, diuharge, execute, tompkte, comply with and abide by esch and every tF?e stipulatioru, agreements, conditions and coven~nri of said promissory note and of this Mwtgage, then this Mortgage and the Esrate hereby created shal! cavse and bs nul) and wid. IT IS tlNOERSTOOD tl~st the word "Mortgaga" whNher in fAe singula~ w plural anywhere in this Mortgage, shsll be si?gular if w~e only snd ' shall be plur~l jointly a~d sever~lly if more than one, and tF~at the wad "theit" as used anyvrhere in this Moriy~ge shall be t~ken to mesn "his; "'hen;' ! or "iri;' whe~ever the tontext w implies or admits. Atso, thaf wherever thcre is a reft~ence in the covenanri and agreenw~nts herein contiined to any of the parties hereto, fhe s~me thall be consnued to me~n as well ss the heirs, legal repreient~tives, succeuws and auigru (either voluntary by act of the u i parties or invol~ntary by operafion of the lawl of the same a~d that the covensMS herein contained shill bind and the benefiri and ~dva~ta9es invn i ro the respective heirs, tegal representarives, sutce~son and su~gns of the psnies hereto. Md sa+d Mortgagon, fw themxlves and their F~ein, legsl repreuMatives, svcceuws and ~uiyru, hereby jointly and severally coven+nt ~nd ayrae to and with the ssid MORTGAGEE, its s~rccestors and auigns: 1. To pay ~II ~nd sirgular the prirrcipal and interest ~nd the various snd iundry sums of mp~ey payabte by vittue of said promiuory note, ~nd th'a mong+ge, e+ch ~nd every, promptly on the days respect;vely the sarne severally become dve. ° 2. To pay a!! and singula~ the tixes, assesunenn, lev'~es, lisbilities, obliy~tiwn snd encwnbr~nce~ of every nature ~~d kind now on s~id described ` Property, w that hereaNer msy be impoted, wffered, placed. levied. a auessed thereon, w tF~at hereafter msy bt levied a ~sseued upon fhit Mort¢ ~ age, or ths indebtedneu secured I~ereby, each and every, when dve and payabk, xco~dinp to law, befwe they become delinquem, ~nd befort ~m int~rest attathes w any pen~lty is incurrcd; AN~ INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAIt BE PROMPTIY SATISf1E0 AND OISCHARGED OF ~ RECORD AND THE ORIGIPJAI OfFIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, iHE TAX RECEIPT OR THE SATISFACTION PAPfR OFflCIAILY ENDORSfD OR CERTIFlfD) SNALL 8E PIACED IN TME HANDS Of SAID MORTCsAGEE WITHIN TEN DAYS NEXT AFTER PAYMENi; ~nd in the event that any ther~of is not i paid, s~YSfied and distharged sa:d MORtGAGEE may ~t any time pay the same a•ny pan thereof witFw~rt wsivirg o~ affectiny ~~y optan, liee?, eqvify p •~qht ~nder ar by virtue o( this morrgaye and the futl amount of each and eve?y such payment shall be inwnediately dve and payabk and ihsll_ b~ar interest ! ~~om the date IF~ereof until paid at rale of n~ne per centum per aru+um and to9e?her w~lh such intereyi ~hall sec~red by the lien of th:s morqtape. < < Fo~~ ~3 ~ 7?0 ~ - ~ ~ , , ~ : ~ f, . ~ 4'~%`~,F."