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Home My WebLink About1007 . ~ 2630~0 L~ T1i15 INDENTURE, Msdt rhe 9th day of Jul A.D. 19?3 betwssn Bertha Louiee McClendon, a s ~1 adult of SL_ LLCle ~ CWnry Flor~d+, hsreina(ter designated as ths "MORTGAGOR," and FIRST fE~ERAI SAVINGS AND IOAN ASSQCI/1TION OF FORT PIERCE, • co~porot~o~ wp~ni:ed ~nd existin9 unda tM taws of tM Unired St~t~: of Ama~ita and !?avinp iri principa) plac~ of busineai In tF» City of Fort Piucs, St. lucie Cou~ty, Flwida, herainaftsr dasigna~sd ~s tM "MORTGAGEE." ' WHEREAS tM MORTGAGOR is justly indebtsd to tM MORTGAGEE in the tum of S 15 •~0•~ good a~+d lawful money of the United Statei advanced by ~hs MORIGAGEE unto the MORTGAGOR, es evidenced by a certai~ promiuwy note of aven date herewith, oi wh;ch the followiny in words and f' wes ii a trw copy, to-w~t: ~ 10020154 ~ 15,00~.00 • Fort Pierce, Florida, July 9, 19 73 Foi wlue reteivcd, 1, we w eilhcr of us, promi to pa wn t aeia~cauoo, ro~ne orurr ui ±~w;,: ~ w~~:a: S:.L'2::^,u '.`,u L^~u ~eenr~er~.•u~ nc FORT PIERCE at Fort Pierce, Fbri~s, the sum of s ~5~ ~ with intereat from date at the rate of 8'~ 96 pe~ snnu~n, in month~r i:.s~aN- menn as follows: S 126.f~ on ~F~e 2OL1] day of Au~11St , lq 73 and s like sum on the correspond~r+p day oF each month ttieie- afte~ uMit the who:e be fully paid. Each ~nstallment first shall be appl~ed in payment oi the intereat and thcn on the unpaid balance of the princ~p~l sum. If default is made i~ fhs payment of a~y instattment wfie~ due, and such defsolt continuea 3p deya, thcn af IF+e op~ion of the iwtder, ar~d wi~hout any other notice, aU the remaininp instatirtrentt shall be duc and payable at onte. Privilege is given to prsp+y this ~ot~ in whole o~ in psrt at any lime without pe~aliy. Nloither torebearance. nor acceptarxe by the holder thereof after any default in any paymcnti hereon, shall be deemed ex~ertsion. A la~e payment charge of S 6• 3O , sh~ll be added to each installment remainiog unpa~d 7 days after ita due d~te, and a like sum shall be added to each such instaltment remaining unpaid 7 days e(ter each succeeding paymenf date. Each maker, sure?y and endorser hereof, joinlly a~d severally, waives demand, presentment protest and notice of protest for no~payrrKnt, and funher agrees to sny exteniron of time of paymcnt, either before w after matu~ity, withou+ notice to any of us; and to pay all costs of co(lection, including a reasonable attor~ey's fee in the event of any defautt hereunder, and hereby seve~ally waives all benef;t of homestead a~d exemption under tF?e constitution a~id laws of each State of the United States, as against this obligation w any extensioo or renewal hereof. Witness the hand and seal of each party. csEau S/ Bertha Louise McClendon, a"single adult ~U cs~+u i . 22.50 ,.s~.-a.V.,~-__~ csearopt sanepu«i~.ociyiwt. wae) ~ NOW, THEREFORE, the MORiGAGOR fo? the purpose of securing payment of sald sum of s 15. ~nd the per{ormance of the covenants aM! sgreememf hereinafter expressed, ar~ for divers good and vsluable considerations, by these presents, does grant, barysin, sell, remise, release, conrey and confi?m unto the MOR7GAGEE, its successors and ~uigni, all that certain bt, piece or putet of Isnd, situate, lying, end being in the County ot - St _ Lueie and Stats of flwida, described ~s foflaws: The South 30 feet of Lot 13 and the North 45 feet of Lot 14 of Block 8 of WILBUWE, as per plat thereof on file in Plat Book 6, page 2d, Public Records of St. Lucie County, Florida ~ STATE ~F ~Li'JRtDA1 OOCUMENIARY,~::;ZSTAMP T1~> ~ ` OEPT_ UF REVENUE • _ P0. = SFp -6')3 2.L r ~ Z Z. 5 0 j Q°` ~y ' ~ ~ P y-. pf TNtES ~~-I'~~~ . ~an~• Y,• I ~ ~etrl. ~ ~ ~ ~ ~~~i~ ~1 to ~~n a~ a~j tT. WGE 00. ~ ~ i ' ~ € I ' together with all and singular the tenements, hercditamemt and sppurta~ces thereunto belonging or in ~nywiu ~ppert~ining thereto, ~nd all ~ents, iuues, ~ ~roceeds ~nd profits acvuing and to accrue from said premiscs, ali of whidi are intiuded in the sbove ~nd foregang dexription and habendum. 't TO HAVE AND TO HOLD the above dcscribed and granted premises unto the said lNORiGAGEE, iri wccessws and ~uigns fo?eva. And tF» said . MORiGAC~OR fqr her execvion, administrators and assigns, hereby tovensnts with tht said MORTGAGEE, it~ suctessors and astipro, _ - ~ 82fe 1$_ - - . _ _ - - _ ` Iswfull xi:ed of the said - - r at - y premises in fee simple; thst the same sre free, cle~r ~nd dixhsrged from ~II liens and encvrr~ ' brances in Isw o? in equify, and that $he W~~~ her hein shall warra~t a~d defend the titk to the same to the qid ~ MORTGAGEE, its successas and assigns, forever sgainst the lawfu) claims and demands of all ptrson~; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto tF~e MORTGAGEE the p~omiuo?y note ixreinbefore described and sF~tll truly, promptly and fu!!y perfoim, d~xF~srge, execute, complete, comply with and abide by each and every the itipulations, agreements, conditions ~nd covenants of said promissory note snd of this Mwtgsge, rhen this Mwtgage snd the Estate hereby ueated shal~ ceaie end be null and void. IT IS UNDERSTOOD that the word "Mortgagw" whether in the singular w plural snywhere in this Mortgage, shatl be iingutar if one onfy ~nd shall be plural jointly and seve:ally if more t}~en one, and tMat the word "their" as vsed anywhere in this Mortgsge shall be t~ken to mean "his:• ,•hers,'• ~ or "i~s;' wherevcr the context w implies or admits. Also, that wherever there is a refererxe i~ the covenanfs and ~greemenn he~ein cwitained to any of ; the parties hereto, the same siwll be construed to mesn st weN as the heirs, legal representatires, succesto~s ar~d usigns (either voluntary by act of the parties or involuntary by operar'an of the law) of the same a~d that the covenants herein tontained sha~t btnd snd the benefits and sdvantsqes irwre to the respective heirs, kgsl representatives, ~ucceuors snd ass~yns of the psrties hereto. ' And said Mwlgagors, for themselves snd their heirs, legai repreuntstives, successws and auigns, kereby jointly and severafly covenant and aQree to and with the said MORTGAGEE, its svccessors and asigns: 1. To pay all and singular the principal snd interest and the various s~d sundry s~m~ of money payable by virt~e of said p~omissory note, ~nd this ; mortgage, each and every, promptly on the days respectively the same severally become due. > 2. To pay all snd t+ngvtar the tsxes, asxssrz~.e~n, tevies, iiabilifies, obiiqatiom and encumbnnces of every narwe ~nd kind now on ss;d dewib«! ' Property, or tbst hereefter msy be imposed, suffered. Placed, levied. or auessed thereon, w thst heresiter may be levied or as~essed upon tF~is Mort¢ i _ age, w the indebtedneu secured hereby, esch and every, when d~e ~nd payable, accwding to bw, befwe they become defi~quent, ~nd before any interest attaches ot any penafty is incurred; AND INSOFAR AS AMY THEREOF IS OF RKORD THE SAME SHALL BE PROMPI~Y SATISFIED ANp DISCHARGED OF ~ RECORD AND THE ORIGIKAL OFfIC1Al OOCUMENT ~SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFlCIAttY ENDORSED ~ OR CERTIFIED) SNALL BE PLACED IN THE HANDS Of SAID MORTGAGEE WtTHIN TEN DAYS NEXT AFTfR PAYMENT; and irt the event that any fhereol is not paid, sar'sfird and d~scharged sa:d MORTGAGEE msy at any time pay the ~ame w any part thereof witho~t waiving or affecting any option, lien, eqvity or ~~yht under w by virrue of this mortgage and the full amount of each and every such payment shall be immediately due and psysbk and shall bear intereu <<om the date thereof until paid at rate of nine pei centum per annum and toyether w~th such interest shall be secured by the lien of th:s mot9tsye. 80GK PACE~UO(j ~ _ _ ~ . _ _ ~ ~ ~ ~ _ . . : ~