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Home My WebLink About1537 ~ • ~h~ 259192 . THIS INOENTURE, 1N~d~ th~ 9th day of '~uly A.D. 1973 Mtw~+ George R. Macklea and Phyllis J Mackle~F his rif~ of St . i'uC~f County florid~, M*~;~aftK d~signared ~s the "MORTGAGOR," ~nd FIRST FEDERAL SAVINGS ~NO LOAN ASSOCIATION Of fORT PIERCE. ~ co~poration apu?ized ~nd ~xistinp w+aier th~ Isws of fFw U~ihd St~t~s of Mwriu a+d Mvinp in princip~l pi~c~ of bvainKS in 1M City of fwt Pi~ru, St. Lucia Cou~ry, florids, hr~einafter detiynated n tM "MORTGAGEE." WHEREAS tM MORTGAGOR h natly ind~bt~d w tht MORTGAGEE in the sum of s 14 , 600. , good ~nd I~wful money of th~ Un~ted S~stM advancad by ths MORiGAGEE vn~o the MORTGAGOR, evidenced by a certa~~ promiuory note of even date her~with, of wh~ch tM idtowirp i~ wordt and fpurp is a trw topY, to-wiF. ~ ia.boo.oo ~ iooao~ss Fon P»rc.. F~orida. July 9~ 19 73 ~1 Fa val~e received, I, we or either of us, promise to pay, withoul defalca~ion, to the order of FIRST fEUERAI SAVINGS AND LOAN ASSOCIATION OF v fORT PIERCE at fwt Pierce, Fbrida, the sum of s 14~ 600. ~ ,,,,;~h intcrest from date the rate of 8•'Z~ pa annum, in monthly install- \ ments as follows: S 1'ZS. O~ 20th d~y of August 19 a~d a ~ike sum or~ the cwresporKlinp d+y of exh month therr ~ aftet until the whote be fully paid. Each installment first shall be app~ied in paymenf of tM Interest and fhen on the unpaid balante of the p?incip~l wm. If defavlt ia ms~ in ths payment of any installment when due, and such default continuei 30 days, then at the option of the holder, +nd without any other notice, ell the ro+nsinir~ - ~nstallmenb shall be due and payable at once. Privilege is given to prepaY this note in whole or ie pa?t at any time without psnalry. NeitF~ ~orebtara~te. ~ nor acceptaoce by the hotder thereof after any defaulf in any payments hereon, shaH be dcemed extension. A Isle payment ch.rge of f 6.2S ~hall tie ~ added lo each ins~a~lment remaining unpi~d 7 days ~fter its due date, and • like sum thall be added to each such instaliment ramaininp unpaid ~ d~ys ah~r each sucteeding payment dafe. Each msker, surery and endorser hereof, jantly and severalty, waives demand, prexntment prote~t snd notice of protest fw rwnpay~~+ent, and furthet ~ agrers to ~ny extcnsion of time of paymcnt, e~the~ before o~ after maturity, without notice to any of us; and to pay all costs of collectwn includinp • ~S reaswwbk anwney i fee in the avent of an~ default FIlfCV~1CIN, snd hereby severally waives a!t benefit of homeitead end exemp'.ion vnder the constit~tioo ~ and laws of each Sra?e of the United Stares, as agsinsf this obligation or any extension or renewsl hcreof. Witness the Mand and seal of each party. S/ George R. Macklea ~ ~ (s~?U . S/ Phyllis J. Macklen ~wp„ ~ ~ '~21.2~ 1 State Revenw ~u .t-. f~an4ss~wilM~fas~ge~b~ar) ~ NOW, THEREFORE, the JNORTGACaOR for tM purpose of sesurirg payment of said sum of t id~l~1~.~ , a~d tht pe~formance of ths covenann and apreem~r~n hereinafrer ezpressed, and !a diven good and valwbk considerat~ons, by thes~ presents, does g~am, b+r9ain, sell, remise, release, convey and confirm unro the MORTGAGEE, its succeuors end suigni, •II that tert~in bt, piec~ or pucel of land, situat~, lyinp, and beinp in ths ~ County of SL . Ll1C le and Sute of F{orida, desaibed ~s follows: ?he South 5.33 feet of Lot 10, a21 of Lot 13, the North 17 feet of of Lots 14 and 1S, and the North 17 feet of the West 24 feet of Lot 16, all in Block 2, of W. W. CARL?ON SIBDIVISION, as per plat on file in Plat Book 4, Page 25, of the Public Records of St. Lucie County, - Rlorida. _r O ~ flF F~oRP° ° i +.~,t ~ d1 TA-r~ or~ ~N p~~~~~ K',.rC. _ N N pptUMENTf~ ~ ~~1f ~~191 ~ o= a DEPT.JENUf + w~ t~ Z 0~ ~~r~ ~ 1tiTA~ ~ ON CIA~' ~R 71-i~'. fw~ i z~ ~ - = ::itls'T3 ~ ~ ~'R^511~ t0 PO~j ~,1E ~ io P.a. P'11 Rj~ $T. i~ ~ ?~toi ~T CA~ ~ o . Z\{~ ~dL ~ ` rogetlxr wirh alr and~ singular the tenements, I~ereditaments and appun+~ces thereunto belonyir?y or in anywis~ appertainirg thereto. ~nd all ~enri, issues, t pro~eldf snd profits acuuiny snd to acvue from said premise:, all of w1iKh ue intluded in the ~bar~ and foreyoirg dattiption arrd h~bendwn. ~ TO HAVE AND TO F~,OLD the ~bow dexribed ~nd grented premises unto the said MORTGAGEE, iri waessws and auiyns foreva. Md tiu aaid ~ MORTGAGOR for the:r ~;~s, execWOn, administrators and auigns, he~eby cov~nanb wifh iht uid MORiGAGFE, its waeswrs and auiy~s, ' rhat t-heY-dZe--- lawfutl se~zed of the asid em~ses in fee sim le; tMt 1he sams are free, cksr and disch~r i Y P~ P ged from dl lie+a and ; brances in taw or in equiry, a~d that theY will and thQir hein sh~ll wurant and defend the titk to the sam~ ro the said MORTGAGEE, itt successors s~d suiyns, forever against the Iawful claims and dem~nds of dl persons; PROVIDED, ALWAYS that if the MORTGAGOR shall p~y unto the MORTGAGEE the promiiwry note hereinbefwe dewibed and shall truly, promptly and fully pNform, d~schsrge, execute, complete, comply wirh and abide by eacl~ snd every tfie stipulatiorq, preemenri, conditiaa and coven~nts of said promissory note and of this Mwtgspe, then this Mwtgsye and tF?e ~6tste hereby veated shall uase and be rwll and wid. . i IT IS UNDERSTOOD that the wwd "Mat9sgw" whether in the singular o~ ptunl anywhere in this JNortgsye, shall be si~yulu if oew only ud ` shall be plural jointly and ~everally if more tMn one. ~nd that tF?e word "their" es used anywher~ in tha Mwtpaps shall bs t~ken to mean "his•• •'htn•• ' w"its;' wherever the context so implies w admin. Also, tF~t wherever there is a reference in the covenann ~nd spreements htrein contiu~ed to any of the psnies hereto, the tsme shall be canitrued to mean as well ss the heirs, legal rtpresentatives, succeuas ~nd ~uipru (ei!het volunqry by acf oi ihe parties or invotuntary by operaticn oi fhe law) of ~he same and tha~ the covenants herein conta'u~ed sh~ll bind ~nd the benefib and advant~y~s inw~ ro the retpective heus, legel representatives, successors and au~gns of the puties hereto. ' Md s~id Mortgsyon, for thcroselves and their heirs, legal representatives, succeuors and ~uiyns, hereby jointly and severally tove~sM ar~d ayree ro ~nd with fhe said MORTGAGEE, in successors and assigns: ° i. To pay ~!1 ~nd :irgvlar the principal and :nterest and the vsrious and sundry swns of money payabl~ by virtue of said promiswry note, snd this i mortgs9e, e~cb •nd every, promptlY on the days respettively the same severally becom~ dus. > 2. To p+y sll ~~d Hrg~l~r the axes, usessmenb, levies, liabilities, obli~~tions and encumMaotes of evety n~rwe and kind now oe~ ~aid desuibed 5 Properfy, a that heresha may be unpo~ed, suHersd. Pl~ced, lev;ed, a asussed tF~ereon, or that her~ahN msy ba levied w uses~ed upon thk Mortp- ) a4e, or the indebtedness secured hereby, esch ar?d every, when due ~nd pay~ble, sccordin9 to law, before they become delinquent, and bdw~ ~ny int~r~t ~ arraches a any penalty it incurred; AND INSOFAR AS ANY THEREOF IS Of RKORO THE SAME SHALL 8f PROMPILY SATISfIED AND DISCHARGED OF RfCORD AND TNE ORIGINAL OFfIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffIC1ALlY ENDORSED OR CERTIFIEO) SMAII BE ptACED IN THE HANDS Of SAID MORTGAGFE WIiHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the event that ~ny thereof it not . pa~d, saYSfied and dixharged ss:d MORTGAGEE may at any time pay the same w any part thereof withoW waiving w affectin~ sr~y option, lien, equity w •~qht under o~ by virtue of this mortgage and the full amount of each and every svch payment shsll be immediately dw and pay~ble snd shall be+r interqt ~•om the date tF~ereof vntil p~id at rate of nine per centvm per annum and toyether with tuch i~terqt shal! be secwed by !he lien of tb:s morpispt. f ~ R ~~thJJ - S~L~K ~!R'C~ ' 1 ~ ~ ~..'r ~ i L' - ~ • _ . . - . 2 ...~"~1' _ ~5~..