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Home My WebLink About0578 2545'78 TH13 INDENTURE, Mad~ tl» ilth d+y pf _~~f - A.O. 19_ 73. bNw~+ ~ Willia¦ A. Macdonald ~nd Nary Jane Mscdonald, his wit~ of $,x-..]-yC~e ^ , County Florida, INf~IMfiN dt~iyn+ted +s tM "MORTGAGOR;' ~nd FIRST FEDERAL S~?VINGS AND IOAN ASSpC1A?ION OF FORT PIERCE, • twpor~tion orpu?ized and ~xistirq w~der tM laws oi th~ Unit~d Sat~s of Ame~iu ~nd h~vinp iri pri~cipsl plac~ of busin~a io tM Ciy of FoA PiKC~, Sf. lvci~ County. Fbrida, M~~Inafta desipnaad u th~ "MORTGAGEE." WHEREAS th~ MORTGAGOR is jvitly intkbt~d ro th~ MORTGAGEE i~ ths sum of ~_~y a~ ~ood and (awful ma?ey of ths Un~ted : States adva~ced by 1M MORTGAGEE unto the MORTGAGOR, as evide~ued by a tertain promiuory nols of ever? date herewith, of which tM followinp in j words ~nd fipures is a tru~ copy, fowit: = 22~dAO.AO ~ 10019850 Fo.~ rs..~•. Fiab.. May 11 1973 Fa vali;e ~eteived, 1, we w eithe~ of ~s, p?omise to pay, without defalcation, to the orde~ of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF ~ FORT PIEiKE at Fort Pierce, Florids, the sum of S 22 i'4~ with interest (rom date +t ths rate of ~ per annum, in monlhly install- i ments as followa: i.l7A on the LQt~ day of S,~ te~ r 1q~_ and a like s~m o~ the cwresponding day of esch month therr after unlil the whole be fully paid. " ~ Each installment first shsll be applied in payment of the interest and then on the unpaid bsl+nce o( the prindpsl sum. If default is made in the paymeot of a~y installment when due, and such default con?i~ues 30 day~, then st the opYron of the holde~, and without any uther notice, all the remai~ing ~nstallments shall be due and payable st once. Pirvilege is yive.i to prepay this note i~ wFale w in part at any time witfi«it penalty ~Ne~irt,h~er faebea?+nce. nor acceptance by the hotder thereof after a~y defa~N in any payments hereon, shall be deemed extenian. A late p+y~nent charge of"~-. ah+~~ be added to each installment remaining ~npaid 7 days after its due dste, ~nd a like sum shall be added to esch such insta{Ime~t remaining unpaid 7 days after each sucteeding payment date. ~ Each maker, surety and endoruv hereof, jointly and sevcrally, waives demand, presentment protest ~nd notic- of protest for rwnpayn+ent, snd funher agrees to any extens'w~ of time of payment, either befo~e o? after matv~ity, without notice to a~y of us; and to pay all costs of colletlion, including a reasonable attwney i fee in the event oi any default hereunder, a~d hereby severally waives sll benefit of hortKStesd and exempt'wn under the conslitvta~ and laws of each S~ate of the United States, as against this obligation or s~y extension or renewal hereof. Witness the hsnd and ual of each party. s/ Willia~ A. Macdonald ' ~ ~ (sewp (s~?U s/ Mary Jane Macdonald ~ ~ { $ 33•~ ~ State Revenus _ c5ta.+p. ta~Ned ~a. a;gir,.H~+o~er ~ NOW, THEREFORE, the MORTGAGOR for the purpose of secvring _p~yment of ssid sum of and ihe performs~ce of tht ' cov~nsnts snd agreementi hereinafter expressed, and for divers good and v~lwble considerations, by these presents, does gr~nt, baryain, sell, rcmisq ~ release, co~vey and confirm unto the MORTGAGEE, ib succeuors and +uigns, al! that cert+in bt, pieoe ot puoel of Isnd, situate, lying, and being in fhs # i ~~~ty St . Lue ie , and State of flaida, desvibed u fdlorrs: 4 ~ Lots 9 and 10, Block 102, LAKBWOOD PARK UNIT NO. 9, a?s per plat thereof ~ on file iA Flat Book 11, Pages 2~, 27A, 278, 27C, and 27D, of the Pnblic records of St. Lucie County, Rlorida ~ 's # 1 . ; A oF ~OR1pA~ ~ ' D~GUM N1ARY StA M__,_P__Y ~ X~ RECEIVED ~6 r,= ~ °c'~ p QEP .OF RErEMII[ , IN PAY~/ENi OF T11XS DUE ON C1ASS ~C' INTANGIBLE ?E'SONAL p(ippEl~n C ~ ~ ll~r/~'T~ w~~~ 0 ~ PURSl1Ar(i TO CHAPTER T1-134. ACTS OF 191L ~ e. 'r. ~ ~ ROGER rORRAS o = tt~o! CLER!( CIRqlR OOURT, ST. LUCIE Op, q~, ~ # ~ . - t ~ togethet with all and singular the tenements, hereditaments snd ~ppurtsexes thereunto belonginp w in anywise appert+ining thereto, and all rents, iuws, ~ proceeds snd profits acauing snd to accrue from said prem'aes, all of w1iKh ue included in the sbove and fweyoing desviption and i~abendum. TO HAVE AND TO HOW the sbove dewibed and grsnted premises unto the said MORTGAGEE, iri succeuors and +ssipru fwever• Md th~ s+~d MORTGAGOR for theiZ ~~rs, executors, sdminisvatws and auigns, hereby oovensnb witb the said MORTGAGEE, in waessws and auipro, rhat thev 8I@ ~awfully uized of the ssid premiies in fee simple; that the same are free, clear and dischsryed from all liens and ~ncw+~ brances in I+w w in equity, and that thBV will snd thP~ r heirs shall warrsnt and defend the title to the sam~ to the said MORTGACsEE, its successors and sssigns, forever agsinst the Iawfv) clsims and demands of ~II perwro; PROVIDEO, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the prom'~story note hereinbefor~ dest?ibed +nd sh~ll truly, promptly ~ ~ and fully pe?form, discharge, execute, compkte, comply with ~nd abide by esth and every the stipulstions, spreemenn, conditions and covensnn of said ~ promisso+y ~ote snd of this Mortgsge, then this Mortgsye and the Estate hereby ueated shall ce~se u+d be null +nd void• ~ ~ IT IS UNOERSTOOD that the word "Mortgagor" whether in the singular a plwal anywhere in this Mwtgape, shall be sinQulu if one only and ~ ~ shall be plural jointly snd sever~lly if more fhan one, snd that tMe word "their' as used anywhere in thi~ 1Nortgaye shall be take~ to mean "his;• ••hen;' ~ s or "in;' wherever the tontext w implies p+dmits. Also, thit wherevN there is a refe?ence in the covenann and praemenn herein tontsintd to arry of ~ ~ the parties hereto, the s+me shall be construed to me~n ss well as the heirs, kgal representatives, successwa and auig~ (either voluntary by act of the parties or involuntary by oper+tion of the !aw) of the same and that the covenants herein contained sFwll bind ~nd the benefin and adv~ntaqes irwre = ro the ?espective heirs, legd representatives, wcussors and su~gns of the p~rties hereto. ~ ` And ssid Matgsgors, for themselres and their hein, legal repreuntatives, succeswrs snd auiyro, hereby jointly snd severally covensnt ~nd apree !o and with the said MORTGAGEE, its tvccessors ~nd auigns: ~i i 1. To psy •II and singular tlro principal +nd interesf ~nd ths varavs and sundry sums of maxy payabb by virtue of aaid promissory note, ~nd this ; mortgsge, esch ~nd ewry, promptty on ihe days respeaively the same sever~lly become due. ~ i 2. To pay all and singular the tsxes. ~ssesunenn, levies, liabilities, obligatans and encumbrance~ of every nsture and k'u+d now on isid desvibed 3 property, a tMt hereafter msy be imposed, suffered, placed, levied, w ~uessed tlxrson, or th~t hereafter m~y bt levied or ~sseued upon ihis Motp- °C~ Q age, w tM indebtedneu secured hereby, esch snd every, when due and pay+ble, accordinp to law, befae they become delinqueM, and befon ~m interest ~m # attaches w ar,y penatty is incurred; AND INSOFAR AS AkY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISf1ED AND DISCHARCaED OF , RECORD AND 1HE ORIGINAI OFfIC1Al Q~CUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAP~R OFFICIALIY ENOORSED OR CERTIFIEC) SNALI BE PlACEO IN THE HANDS Of SAID MORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT; snd in the event th~t any tlxreof is not paid, sat'sfied and diuharged sa:d MORTGAGEE msy ~t any time pay ths same w any p+rt thereof without waiving o? affectirg at~y option, lien, equity a •~aht under or by virtue of this mortgage arxl the full amouM of each and every such paymenf shall be immediately due and payable and shall beu i~?terest ~.om the date thereof until paed ~t rate of nine pe~ cenrum per annum and toyether with such intereit shall be secured by the lien of rh:s morptaye. - ~ ~ ~ _ _ ~ _ r ~ ` ~ ~ ~ f 1 i`~ ~y~l. s~~ ~f~ ~"~•~4 ~ ~ ~ ~ ~ .