HomeMy WebLinkAbout1309 . . . 25903'7
THIS IrlDfNTURE, Nl+d~ tM llttl ~y of ~ulv , A.D. 19~~ b~MrHn
n~ '.-T--.-=~--~:~='
MaYion McDowell, a single adult and M~?rv S. McDo~te12_.~,.:{~Za aautt
Jf St . Lt1C 1@ ~ Cp~,~~y F~~, ~~~Mft~r dttgnat~d at th~ "MOR~GAGOR." aed fIRST FfDERAI SAYlNGS AND LOAN
ASSOCIATION OF fOR1 PIERGf, a owporation aqaniz~d and ~xi~tinp w~dM th~ laws of tM Unit~d Stat~f of Am~ric~ ~nd Mvinp iri {uint(pal pl~c~ of
butin~u in tM Ciry of Fon Pi~ra, St. luci~ Couoty, Fbrid+, iwrei~sfter desbnated +s tFw "MORTGAGEE." ~
WHEREAS tl» MORiGAGOR is jwtly te?d~bad ro th~ MORTGAGEE in th~ sum of ~ 2f+ qood and I~wful mor~y of th~ Un~fsd
S~ate~ +~dvanced by ths MORTGAGfE unro tM MORiGAGOR, as svid~nced by a cHlain promissory not~ oi ~van dat~ herwvifh of which tM (dlowinp in
words ~rd fi~vr~s it ~ trw copy, to-wit:
= 26 ~ 500. 00 1OQ20178
Fort Pi~?c~. Florida, July li 19 73
Fw value received, i, we or eithsr of us, promise to pay, wifhouf de~~tcation, ro the order of FIRSi FF~ERAI SAYINCsS AND LOAN ASSOCfAYtON OP :
FORT PIERCE at Fort Pieres, fiorida, the sum of : 26 with intrrest from date at ths rste of 8~ 2 SXo per ~nnum, in montlJy instsll- ;
~r,ents as foltows:: 226.00 on tFis _ 2Ot~ay of Au~au-~t , 19~_ and a liks sum on tM cwrespwufinp day of each month thsrr
efter until ths whole be fully paid.
Each installment first sMll be epplied in payment of ths inte~est ~nd than on tM u~paid bsl~nce of the p~ir+cip~l sum. If defsult is mad~ M tM
payment of any installment when dvs. and suth dafavlt continues 30 days, then st ths option of tha holder, and without ~ny other notice. all 1F?e remaininq
~nstsllments ~MII be due aod payable at once. Privek9e is given to prep~y this note in whok w in part at eny Y~me without p~~alty. Nsi1hH forebtar~nte,
nor ~cceptance by the holder thcreof after aey defeuh in any payme~ts hereon, shall b~ decmed extansion. A I~te payment d»rg~ of j 11 ~1u11 be
added to each installment remainir~ unp~id 7 days afta its due date, and a like wm shall be added fo esth wch ir?stallment remainin~ unpaid 7 dayt ~fta
each iucceedinp psymee~t date.
Exh make?, surey snd endwse~ hereof, ~ointly and severally, waives dema~, presentment protesr snd notite of protest fw nonpaymeM, ~nd furlAer
agrees to any extension of time of payment, either before or afrer maturity, withovt eotice to any of vs; and to pay all costs of collcction, includinp • ~
rcasonabk attaney i fes in the evcn~ of any defauh• heraurxk~, ~nd hereby seve~slly waives all benefit of hpmestead and exemption ~nde~ 1M tonstitvtion ~
and laws of each State of the Uniled States, as againat thii obliyation or sny exlens'an or renew+l heraof.
Witness the hand and ieal of each pany.
s/ Mario~ McDo~rell,~ a sin~g,d~1b
(s~?U
. (sEwU
s/ Mary S. McDO~ell L a sim Ie a;~t
~ $ 39 .'7 S ~ State Revenw
NOW, ?HFREFORE, the MORTGAGOR for ths pwpose of secvring payment of iaid wm of ~ 26 +~0 u~d tM perfo?m~nce of th~
coven~nts and ayreemenb hereinafter expreued, and for dive~s good snd valwble ca?side~ations, by thes~ presents, does ~rant, b~r~ain, sall, remise,
release, convey and coofirm unto the MORiGAGEE, its succasson ar~d auiQns, all that certsin lot, piec~ or pucel of land, situate, lyinp, snd b~6+p in ths
County of St _ Lucip , u~d State of ibrida, dtsuibed ~s folbws:
Lot 9, Block 3, Si~IRISE t~pI~ESITES SUBDIVISION, as per plrt thereof ~
on file in Plat Book 13, Page 14, Public Records of St. Lucie County,
Florida, _
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~~~AN?ENf p,QY.f'~. ~ ,
o= ~ o~P~Ekuf . ~ ~ 3 9, 7 ~j t ~
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~ _ ~ ~ 1N PA`11AE1R ~ ~
- ~ ~ q/~~'C MRN16181E PERSD~'u i
qy~pT~ 7t•23~. I~CiS Of 1911.
RpGE1t POITBAS IE 00. Fu
CLEAII CIR~diR ~j, ST. LI~
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~ rogether with alt snd singular the tenemenq, hereditama+b snd ~ppwtances thereunto betonyirg or in anywise ~ppertaininQ thereto, and ~l) rents, luws,
~ pr«eeds aad profits accruirg and to acc?ue fiom said premises, all of w1iK1+ ue included in the above srd forepanp deacriptioo and h~bendum.
1 TO HAVf AND TO HOLD the above described and y~anted {xemises umo ths said MORTGAGEE, its waeswrs ~nd ~ssiyns for~var. And tlw a+id j
? MORTGAGOR fa tbe 1 r - heirs, execvtors, ~dministra~on and augra, hereby oov~n+ns~ with tM said MORTGAGEE, ifs suocessors and u~ipM, i[
~ rhat -~Z1¢y?-~~---- Iswfully seiud of ths iaid premises in fee simple: that tM aarrK u~ fne, clesr a~d d'achu9ed from ~II (iem and ~xn- {
brarxes in taw or in ui and ths~ thov ~
` eq ty. ___T will ~nd ~21Q3S hein shall wunnt and d~fend tFw titt~ ~o the s~ee» ro tlw saW
i MORTGAGEE, itt iuccessws and suigro, forever sgainsf the liwfvl claims aRd demands of dl persoru;
PROVIDED, ALWAYS that if the MORTGAGOR s)~sll pay ~?nta the N10RTCsACaEE the pomiuay oote hereinbefon dewibed and shall trvly, promptly
and fully pesfwm, discharge, execWe, complete, comply with arxl abide by estfi snd every the stip~rlstiora, ~preert~?n, to~ditions ~nd toveoanri of Hid
promissory oote and of this Nbrtg~e, then this Mortgsge snd the &tete herfby neated ihsll ceas~ and bs null and void.
~ IT f5 UNOERSTOOD that the wwd "MortQagor" whether in ~ht sirgutsr w plwsl ~nywhere In this Morty~ye, shsll be sinpvlar if on~ only and ~
= shall be plurel jointly ~nd severally if more th~n one. ~nd that the word "their" as used anywhere in thia Mortpay~ shall bs t+ken to m~~n .•'ha;
••'h~n; • ~
~ or "in;' wherever the conte~t w implies or ~dmin. A(so, fhat whereve~ there is a r~ference in the townann ud ay~~emen» Fa~ein oonta'uied to ~ny of
• rhe partiei hereto, the sams sMU be constr~ed to mean u well es the heirs, Ipal rtpresent~tivss, succeuas and asiy?a (eitFer volumary by ~ct of th~
g partiq or invol~ntary by op~ration of the law) of the same snd that ihe coverunn hersin conr•ined sh+ll bind and ~he benefin u+d advsnr
ro tM r ive hevs, at re escntstiva, succeuors and as~' ?a of the ~~t
espect~ ~y pr ~Q puties Mreto.
And uid Mortggors, for themselves and tF~eir hein, lepsl representatives, succeuors and ~ssiyrn, hereby jointly and ~evera~ly cove~snt ~nd pree
* ro and with the said MORTGAGEE, iri s~ccessors and assigro:
~ 1. To p~y all s~d iugulu the principal and interest snd tM v~rious and ivndry wms of ma~ey pay~ by vinue of said promiswry rats, and thb ~
mortq+pe, esch ~nd erery, promptfy on the days respectively tM aams serer~lly bacome due. ~
~ 2. To pay •!1 and sinpvla the taxes, assesunenn, levies, lisbili~ies, obligations and encumbr~nces of every natvn and kiad now oe s~id dacribed rr.o
~ Property, w that heresfter msy be imposed, wifered, placed, lev'~ed, or ~uessed tfiereon, a thst here~f~er may b~ kvied or asHSSed opon this A6orq- p~
~ age, a tM indebtedness iecured Ixreby, exh sr+d every, when due ~nd payable, actadenQ to Isw, befws 1F~ey becane delirp~reM, and b~fon arry inte?est
attathes w any penalty is incwred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII SE PROMPTIY SATISf1ED AND DISCHJIRGED OF
RECORD ANO THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, FOR IN$TANCE, iHE TAX RECEIPI OR THE SATISPACTlOM PMFR OFFlCIAl1Y 'ENDORSED
? OR CERTIFIED) SHAII BE PLACED IN TNE NANDS OF $AID MORTGAGEE WITHIN 7EN ~AYS NEXT AfTER PAYMENT; and in the w~nt tMt ~ny thereof is no1 ~
paid, saYSfied and dischsrged sa:d MORTGAGEE may st sny time pay the ssme or any part thereof withovt waivinp u affectiop aMr option, lien, eqvify p
; •~qht under or by virtue of this mortgsge and the fuif amovnt of cach a~d evcry such ptsyment sFull be immedistdy due snd payabk and sMll bes~ inter~st
= <<om the date thereof until paid ~t nte of nine per centum per ~novm and together with such interest sMll be secvred by tfie lien of th:t moryt~ye.
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