HomeMy WebLinkAbout2875 258~'73
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THIS INnENTURE, Mad~ the aZth day pf ' ~ AA. 1973 ~ batwaen
_ B~sn~?~rd w. McBoe and Ma~c9e?r~t N. McB~s* his witt
of St• ~'~t''i• County Fluid+, hNSinafeN desiynated ~s tM "MORTGAGOR;' ~nd FIRST ffOERAI SAYINGS ANO IOAN
ASSOCIAiION OF FORT PIERCE. ~ cwporation wp~niz~d ~nd exi~rinp undM tM I~wvs of th~ U~ited Stai~s of Artwk~ ~nd Mvinp IN principal pl~q of
buiin~s~ in tM City of Fort PiKC~, St. luci~ Co~nty, florida, Mr~inaft~r cks~poa4d as tM "MORTGAGEE:'
WHEREAS iM MORTGAGOR is j~ntFy indebtd ro tM 1NORTGAGEE in the ?um of = 14a4~~~ yood and tawful monty of ths Un~ted
S~atei a~v~ncocl by the MORTGAGEE umo th~ MORiGAGOR, as evider~ced by a cea~a;n promisso~y note of even d~te her~with, oi whlch the followinp in
wo~ds ind f' ros h a trw copy, to-wit:
: Zd~t~i~ ~ 1~Z01~
Fwt Plerc+. Florida. June 27 19 73
Fa value received, 1, we o~ ei~her of us, p~om~se to p~y, wilhout def~tcarion, to the order of FIRST FfDERAI SAVlNGS AND IOAN ASSOCIATION OF
fORT PIERCE at Fort Pierce, Fb?ida, fhs sum of ~14~40~~~ w;rh interest (rom date at 1he rats of g~~ % per snnum, in monthly i~stall-
--~ents as follows: ~21 on ?I~e2~h d~y of A~~! , 19 73 ~nd a like sum on the cwrespond~ng day of each month therr
afre~ until the whole be fully paid.
Each installment first sMll ba applied in payment of the interest and then on the unpaid bal~nce of the principal tum_ If defsutt is msde i~ the
~;ayment of any installment when due, and such defavh conti~ues 30 dsyt, then a~ the option of the hotder, and without any other notice, sll the remaining
;nsralt,r,cnts sh~ll be due and payable at once_ Privitege is givee? to prepay this note in whole o~ in part at aoy time without penalty. Neither forebearance,
nor acceptance by the holder thereof after ~ny default in any payments hereon, ahsll be deemed eztens~on. A late payme~t tharge of = 6~05 st+all bs
added to each inatallment rcmaininp ~npaid 7 day~ ~fter iri due date, and a like sum shall be added to eath such installment remaining u~paid 7 days after
each sutceeding paymen/ data ~ ~
Fach rtNker, surery ind endwser hereof, jointly and severally, wsives demand, p?esentment protest and notice of protest fw nonpayment, and f~rthei
agrees fo any extension of time of paymenL either before or after matvriry, without notice to +ny of us; and to pay sll costs of colletlion, includinp a
reasonable artorney's fee %n the evmt of any default hereundsr, snd hereby severally waives all benefit of homestead and exemption u~er the constitutan
a~d laws of lach State of the United States, as a~ainst this obligation or any exteniwn o? renewal hereof.
Witness the hand snd ie~l of esch party.
. ~Au
s1Bernard W. McBee ~n~~
(SEAU
s 9ar~t H.'McB~e ° c~w !
( Stete Revcnve
tStan~p~ fwi~wreri~~w?M1e)'
NOW, THEREFORE, the MORIGAGOR fa the p~rpose of sccvring psyment of s~id swn of S 14 ~400~ , and tF~e parform~nce of ths
covenants aod z~eements hereinafter expressed, ~nd fot divert 9ood and v~lusble coniider~tia?s, by theN presents, does granL bar9sin, selt, remise,
release, convey snd coniirm unto the MORiGAGEE, ib aucceuors and aug~s, all that cen~in bt, piec~ or pucel of land, situate, lyiny, and beinp in ths
County of St• LuCi@ and Sbt~ of Floridi, dewibed as follows:
and 2~
Lots 1/ Block 3~ 90U?HBRN VIBW SUBDIVISION~ accozding to the plat lhereof r~-
corded in Plat Book 9 at page ~LS, of the Public Records of St. Lucie County~ Rlorida,
~ AT~ oF F~O R~~ A 1
a sT=------ ~ ~vm .s ~ ~ °
oy ~ p~M
NYARY~` DiIE OA !N PAtlME(YI OF Tl~~
DfPI. Di REVEtit1E
? y~ ~ O, C1~ C' INTN+f61E3LE PEiSQt~A~
` - ~R~A~1i TO PJIMTER 7j•134. A;,7S GF 197~
d _ ~o~i-~13~•~ •
POrRAS /n c.
-~c~i P.e. ~ ' "~ERK C~RCU1 t
d=~~~~2 CQURT, ST. l'JGIE 00, F(A, ~
i
~
rogether with all snd singufar the tenements, hereditsments and appun~nces thereunto belonging w in anywise appertsininq tFieteto, and all renti, fuves,
y pro~eedf and profin accruing ~nd to acuue from said premiset, al! of whicb ue inclwled in the above and foregoing deuription and h~bendum.
TO HAVE AND TO tD the above desuibed ~nd gnnted premises ~nto the said MORTGAGEE, its successors and +uipro forwar. Md th~ safd
~ MORTG GOR fa the~r hei~s, executws, adminiur~ton and auigns, hereby covensnts with tke s~id MORTGAGEE, its suaeuw~ and auipns,
e rhat t~e~ aze lawfully seized of the s+id premises in iee simple; th~t tht same ue fre~, clear ~nd dischsrped from sll liero and encwrr
; brancet in I~w w in equity, .~a ~r~t they W~~~ theiz hein sh~ll w~~rant and defend the titk to the same to the said
: MORTGAGEE, its successors +nd auigns, forever against the tswfuf clsims and dem~nds of all persor~s;
PROVIDED, ALWAYS that if the MORiGAGOR shsH pay vnto ti~e MORTGAGEE the promisswy ~ote heninbefwe destribed snd shall truly, promptly
and fulty perform, diuharge, exccute, complete, comply wit!? u~d abide by each and every the stip~rlairon~, ~greemenri, condiYwro and cov~nan» of uid
' promissory note and of this Matysge, then this Mortgsge and the Estate hereby ve~ted shafl u~s~ and be nvl) and void.
IT IS UNDERSTOOD that the word "Mortg~gw" whether in the singul+r or plvnl anywhere fn this Mortgaye, shall b~ sinyulu if o~e only ~nd
; :hall be pturil joinfly snd severally if more thsn one, and th~t the wad "their" ss used ~nywhere in thia Mwt9a~e shall be t~ken to mesn "his:• •,hers•,
: or "it~ wixreve? the context so implies or admits: Also, that wherever there is a referente in the covenanri ard ~greertienb l~erein contained to any of
~he panies hereto, the ~ame shaN be cwunued to mesn as well as the. hei~s, leyal rspresentativet, wcceswrs ~nd ~uigru (either voluntsry by ~c1 of tM ~
parties or involunury by operation of the Isw) of the same ~nd that the covensnts herein contained shaU bind ~nd tbe benefits ud sdvantspp in~re ~
= ro the respective heKa, kgal representatives, successors and au~gns of the penies hereto.
E And said Mortgagors, fw themselves and rheir heirt, lega! rep?esentitives, successors and auigns, hereby joiMly ~nd severally twenant and apr~e ~
to and with the said MORTGAGEE, its successors ~nd auigns: ~
' 1. To psy ~II and ainyul~r the principal a~d interesr +nd the wrious ~nd sundry wms of money payable by virtue of ssid promiiwry note, and tha ~
mwtgage, each and every, promptfy on fhe days respectivtly the s+me severelly becane d~re. ~U
_ 2. To p~y all ~nd singuta tha taxes. ~ssetsmer~n, levies. ~iabiliries, oblig~tions ~nd ~ncumbnncea of every nature and kind raw oo said destribed pw
_ property, p th~t hereaft~r may be imposed, s~ffereA, plsted, kvied, or astessed thereo~, a that hcreaftK may be levied p ~uessed v~on tha AMrt~
~ age, w tM indebtedneu secured hereby, esch and every, when due ud p~yabte, accordi~g ro law, before fMy become delinquem, a~+d befa~ ~ny interest •
' arraches o? sny penalty if inturred; ANO INSOFAR AS ANY THEREOF IS Of RKOR~ THE SAME SMAII 8E PROMPTLY SATISFIED AND DISCHARGED OF
' RECORD AND THE ORIGINAI OFFICIAL DOCUMENI (SUCH A5, FOR INSTANCE, THE TAX RECEIPi OR THE SATiSfAC7tON PAPfR OffICIAIIY ENOORSFD
; OR CERi1FtED) SHAII BE PIACED IN ~HE HA7VD5 OF SA~D MORTGAGEE WIIHIN TEN DAYS NEXT AFTER PAYMENT; and in the ewnt thst a~y thereof is not
~ pa~d, sat"sfied and dixharged u:d MORTGAGEE may at any time pay the same o~ ~ny parl thereof without waiving o? affectiny any option, lien, equity a
•~qht under w by virtue of this mortgage and the futl ~mount of each and evcry such payme~t shal! be emmediately dve ~nd psyable s~d shall 6e~~ interest
!~om fhe date thereof until paid a? rate of nine per centum per annum •nd toye~her w~th such intere~t thall be secu~ed by the lien of th:s morgta~e.
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