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Home My WebLink About0087 . zs~5z ~ - THIS INDENTURE. Mad~ the 23rd day of ~9uSt ~l'i'` t..w-t. ~ A.D. 19 73- be~ween k ' Blmer L. McGee and Wi lma Mc~'~e hi s ri f,~, of St . ~.i1C1E Cou~fy florida, Mre7nafter desg~sted +s the "MORT(iAGOR," and FIRST FEOERAt SAVINGS AND LOAN ASSOCIATION Of fORT PIERCE. a torpwatian orpanized and existinp under the laws of the UniMd Stat~s of Amtrits and hav'u?p itt pri~cipal pl+ce of busineu M tM City of Fort Pie~cs, St. l~ca Cou~ry, Fbrida, htreinaf~~r deiipnated as th~ "lil~Q;T~/~C~E.'~ WHEREAS the MORTGAGOR is justly indabted to tM MORTGAGEE in the sum of ~ 21 pood a~d lawiul money of the Un~ted Statei advanced by the MORTGAGEE un?o ~ne nii?~TGAGOR, as evidenced by a cer~ain prom;sswy note of even date here.~ith, of which the follow~np in wads •nd,~f`'~~res it a trus copy, to-wit: i = 21 ~ StJV . 00 1Od203~0 fort Pierc~. Fbrida. A11CJL1St 23 ~p73 ' fa valve ~eceived, 1, we a either of us, promiu to y, without defalcatio~,,to the order of FIRST FEOERAI SAVINGS AND LOAN ASSOCIATSpN OF fORT PIERCE al Fai i F da, the su S 21 with inte~s~31 from date at the rate of 8! 7j',o pet snnum, i.i monlAly ir.slal6 ~~~~q Y menta as (o!!ows: S~~~,~ ~ ~~~~~t~d+Y o~t~- 19 ~ and s like sum on the corre ~ d~ of ea~~ rtwwtk th.re- a!ter until the whole be fully paid. ' Eath installment iiril shall be aFpliad in payment of the interest and thlii o~ the unpaid balance of the prinNpal sun+. If defavlt is made in ths payment of ?ny installment when d~e, and such defauH continues 30 days, then at the option of the holder, and without ~ny other netice, all the iema!n~~g ~nstallments shall be due and payabte at once. Privi;ege is given to prepay this ~ote i~ whole or in part at aoy time witFwut pw~alty. Ne~ther forebearsnce, nor acceptance by the hotder thereof after any default in any payments hercon, shall be deemed e:tension. A ~ate psyment ~clurye of = 9• SA , shall be added to each imtallment remaining unpaid 7 days aher its due date, and a like sum shall k~ added to each such installment re~aining unpaid ? days after each svcceeding payment dare. Each maker, surety and enduser hereof, jointly and severally, waives demand, prexntme~t protesl and notice of protest fw nonpayment, snd fu~ther agrees to any extension of time of pay:nent, either beiore or after maturily, without notice to any of us; and' to psy all costs of cotlection, includiry a reasonabie attwney's fee in the event of any defau~t hereunder, and hereby severally waives all benefit of Famestead and exemption under the constitution and laws of each State of 1he United States, as against this obligation or aoy exlension w renewal hereof. t Witness the hand and seal of each pnrty. ~ (SEAI~ w r~rM~r oF TNC6 mer . c e p11E~ON CIASS 'C' INtANGIN.E PE iSOHAI MIOPEii(Y. (5El?t) rpRSlW11 TO GW~ER 71•131. ACJS OF 197~. S~ Wilma McGee ~qU ROGER PO{iRJ?S ~1X~ t $32. 25 ~ State Revenve ' t~~~Ps'~~~+'~=nme'~ CtH~(~tINCUIi OOUtCT. ST. U1CIE 00, PIA. ; 'l l~ S~ and tF?e rformsnce of the NOW, 7FiEREFORE, thr MORTGAGOR fw the purpose of securing payment of said sum of = . Pe covenants and agreements hereinafter eaprcued, and fw divers good and valusble considerations, by these presents, does grant, bary~in, sell, remise, re!ease, convey and confirm un~t4 the lY~ ORTGAGEE, its ~ucceswrs and assipns, all that certain lot, piece u pucel of land, situate, lying, and beirg in the Couny of Jt . Ll1Cle snd St~te of Flaid+, dewibed ~s followi: 3eginning at the NE corner of the N6% of the NW% of NE'/ of Section 7~ Tovmship 35 South, Range 40 fiast, run West 175 feet to a point; thence turn and run South 566.25 feet for point of beginning; from said point of beginning contin- , ue South 93.'75 feet more or less to the South line of the NEl/~ of the NWt/ of ` the NE1/ of Section 7, To~rnship 35 South, Range 40 Bast; thence turn and run = West along said South line 125 feet to a point, thence turn a~d run North 93.75 feet more or less to a point 125 feet West of the point of beginning~ _ thence turn and run East 125 feet to the point of beginning; said land being also described as Lot 19 and the 25 foot street lying directly adjaceht to ~ ; said Lot 19 of an unrecorded plat called MBTZGER ROAD SUBDIVISION, ~id sub- ~ ~ division lying in and being a part of the NS% of the IVW/ of the NBi/ of Section ~ ~ ~ 7, Tovmship 35 South, kange 40 East. . ; Together with right of egress and ingress to lot over and across the fol2o~ring ; described street, to-wit: 3 Beginning at the NE corner of the NE'/ of the NW'/ of the NE~ of Section 7 Township 35 South, Range 40 East, run West 125 feet for a point of beginning; From said point of beginning continue West 50 feet to a point; thence turn ~ and run South 660 feet more or less to the South line of said NB~ of NW"/ of ~ NE% of Section 7; thence turn and run fiast along said South line 50 feet to a ~ point; thence turn and run North 660 feet more or less to the point of b~ginning.~ together with sll and singulsr the tenements. hereditaments snd sppurt~nces thereunto belonging or in ~nywite ~ppertainirg thereto. ~nd +11 reM~, istues, ~ proceeds and profiri acvuing sr?d to accr~e from said premixs, all of which ~re included in the above and forc9oing dexriPtion +nd h+bendum• TO HAVE AN O HOlO the above described and groMed premises unto the said MORTC,AGEE, ifs tuccessori and ~si~y~ forever. And tM said ° MORTGAGOR fw ~~elr executors, administrators and aisigns, hereby covensnts with tha said MORTGAGEE, its succeuors snd ~siiyro, ~ ~hat ~hey °-Ze-- lawfully uized of the said premises io fee simple; thst the same are free, dear and diuh+rged from all liens and encvm- ~ ~ t~leli heirs shall wsrrsnt snd defend the titls to the same to ths aid # brances in Iaw w in equity, and tha* theV will and 1 ~ MORTGAGEE, its s~cceuors and auigns, forever agsinst the Iswful claims end demsnds of •II persoia; PROVIDED, ALWAYS thst if the MORTGAGOR shall pay unro the MORTGAGEE the promissory note hereinbefwe dewibed snd shsll truly, promptly ; a~d fully perfwm, d~uF~arge, execure, complete, comply with and abide by esch and every the stipulations, agreements, conditwns and covenants of ssid promi:sory note snd of this Mortgsge, then this Mortgage and the 6tste hereby veated shall ce~se end be rwll and void. ~ IT IS UNDERSTOOD that the wad "Mortgagor" whether in the singular or plural ~nywhere in this Mwtg+9e, shall be sinyular if a+e only snd ~ skall be plural jointly and uverally if more than one, and that the word "their' es vsed snywhere in tba Mat9~Qe thall be tsken to mesn "his;' "F~en;' ~ or "its;' wherever the context so implies or ~dmits. Also, that wherever thcre is a reference in the covenann snd sgreemenb herein contained fo any of ~ the pa?ties hereto, the same shall be construed to mesn as well as the heirs, (egsl represeMatives, successon and ~uig~ (either voluntary by ~ct of the w parties or involuntary by operation of the law) of the same and that the covenanb herein contained sMll bind and tl~e beeefits +nd advantapes inure to tF~e respective beirs, leg+l representatives, succeswn and ass'gns of the parties hereto. ~ And said N~wtga9ws, fa themselvea aod their heirs, legsl represeMatives, suaeuors snd auiflns, hereby jaintly and severslly covenaM and ayree ' to snd with the said MORTGAGEE, its successors ~nd auigos: 1. To pay all and sirgular the princip~l and imerest and the various and su~dry sums of money psyable by virtue of said promissory note, snd this ` mortgagq each snd every, promptly oe~ fhe deys respettively the same sev~rally become due. ~ 2. To pay all and singul~r tFx taxes, assessments, levies, liabilities, obligations snd encumbrances of every nsture end kind norv on ssid desvibed ~ property, w that here+fter may be impoud. wffered. Plxed, levicd, w ~ues~ed thereon, or that hereafte~ mey be levied or ~ssessed vpon this Mort~ age, a ths indebtedness secvred hereby each and every, when due and paysble, according to law, befor~ they betane delinquent, and befor~ ~ny interqt ~ anaches w aay penalty is inc~rred; AND INSOfAR AS ANY THEREOP IS OF RKORD THE SAME SHALL dE PROMPiLY SATISfIED AND ~ISCHARGEO OF - RECORD AND THE ORIGINAL OFFICIAI DUCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OfFIC1ALlY ENDORSEO ~ OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID ldORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENi; and in the eveM that any thereof is not paid, saYsfied and discharged sa:d MORTGAGEE may at any time pay the same or any pa?t thereof without waiving or affecGng sny optian, lien, equity a ~ •~qht u~der w by virtue of this mongage and 4he full amount of each and every iuch payment shall be immediately due and payable and shall bear interost n~ <<om the date Ihereof until psid at rate o( nine per centum per annum and toyether with suth interest shall be secored by the li~n of th:s moryfspe. OR Q ~ BOOK 7 F'l,G~ - - 8 r_ ~ _ , , _ _ .