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Home My WebLink About2673 ~66416 , ~ THIS INDENTURE, Made the 9th day of October A.D. 19_73 between William O. McLeod and~'~c~Qria Dl P1cLeod of St . LuCl~-' Cpunty florida, here~naftea detgnated as the "MORTGAGOR;' and fIRST fEOERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corpo~alion aganized and ex~~ting under 1hs laws of 1hs Un~ted Ststos of krnerica and Mving its principal place of busi~ess 1~ ths tity of Fort Peerce, St. lucis County, Florida, hereinaiter designated as the "MORTGAGEE:' WHfQEAS ths MORTGAGOR is j~stly indebted to ths MORTGAGEE in the sum ot = y 6~ a~~ ' good and lawful money of the United Srates ac'vanced by the MORIGAGEE unto the MORTGAGOR, as evidenced by a certain promissory note of even date herewirh, of wh~ch the tollowin~ in i o~~~'d8fJ9y~res~sOa true copy, to-wit: ~ Z 1~0~172 UV Fwt Pierce, Plwida, October 9= _ 1973 ~ Fw value rece~ved. I, we or either of us, prom~se to pay, wi~hout defalca~ion, to Ihe order of FIRST FEDERAI SAVINGS AND tOAN A550(.tAT10N Of iORT PIERtE al Fort Pierce, Florida, the sum of j 16y8O0• w;th interest f~an date at the rale of~a~.~:o per ar.num, in monthly in~!alb ' :neMt as fol!ows: s 154. ~0 on the ZQttlday o{ JclriUdrV ~9~~ and a tiEe sum on the corros:,ona~ng uay of each month iho~e- after untit the whole be fully paid. Each insrallmrnt first shall be applied in payment of the interest and then on fhe unpaid balance of 1he princ:pa~ sum. If defau:t is made in :he Fa,ment of any install~nent when due, a~d such default continues 30 days, ihen at the option of the holder, and witFwut a~y other norice, all ine ~ema'ening ~ :~~:ial(ments shali be due a~d payab(e ar once. Priv+lege is given to prepay this note in wtrale or in parf at any time withour penalty. Neither forebearance, , nor acceptance by the holder thereof after any default in any paymems hereon, shall be deemed extension. A late payme~t chnrge of S._ 7~~~, shall be added to each in:ea~lment remaining unpa~d 7 days after its due date, and a tike sum shall be added to each such instaitment rert,ain~ng unpaid ? days after ' each sutceeding payment date. ~ Each maker, surety and endorser he~eof, janily and severally, waives demand, presentment protest and notice of protest fw nonQayment, and furthet ~ agrees to any eatension of tin:e of payment, either before or after maturity, without not~ce to any of us; and to pay all costs of coltectio~, i~cluding a reasonable attomey's lee ~n the evem of any defauft F~ereu~der, and hereby seve~ally waives a!I bertefit of homestead and exemption unde~ ihe constitution and laws of each State of the United States, as against this obliga~~on w any extensio~ or ~enewal hereof, , Witness the hand and aaal of each party. S/ i~ilZiam O. McLeod ~ai~ ~ . (SEAL) ~ S Victoria M. McLeod ~S~i~ t ~ $ 25 . 20 ~ Stste Revenue ~S~ ~~K~ H NO',N, THEREFORE, the MORTGAGOR fo? the purpose tif securing payment of said sum of ~ 16 • , and tF~e performance of the `4~ covenants and ag~eements hereinafier expressed, and for divers good and valuabte considerations, by these presents, dota grant, bargain, seil, remise, ` release, convey and confirm unto the MORTGAGEE, its successars and assigns, all thaF certain lot, piece or parcel of tand, situate, lying, end being in the ~ County of St. Lucie and State of Fbrids, dsw~bed es follows: Lot 10, Block 39, Lm1IT #7, INDIAN RIVfiR ESTATES, as per Plat thereof on file in Plat Book 10, Page ?S, of the Public Recerds of St. Lucie County, Florida. ~ 'r C r- tD S ~ AT " DO~UMENTAR~ ' . SiA,Y~Y~'~,a ~ " ~~:r ~i'~€vEn~i~=' ~ m - - ~ Z ~J, Z ~ { _ - ~tt.c~r,~3 ~ ee. " ° ,,~~?~'r + 1 ~ titoz 0 RECEIYm ~ 3 3 b/ IN PA1fMEN~ OF TIIXE~ : OYE 011 Cl~SS'C INTAMGIBIE PERSOHAL PR~iY~ pUlS~INtT TO C1iAP~ER 71-134. Ii~CTS f1f 191~. RQf ER POfTAIIS ~ ~~C,/ CLA~It CM01t11 OOUiC~ ST. 1~lCIE ~ R~ 0 ~ ~ ~ rogether with all and singular the tencments, hereditaments and appurta~ces thereunto belonging a in anywise sppertaining thereto, and sll rents, issues, [ p~oceeds and prof~ts acc~uing and to accrue from said prem'~ses, all of which are intluded i~ the above ar+d foregoirg description and habendum. f TO HAVE AND TO HOID the above described and granted premiset unto the said MORTGAGEE, its succe~soia and sssigru forever. And tM s+id ~ their ~ MORTGAGOR tor heirs, execufors, administrato.s and assigns, hereby tovensnts witb the said MORTGAGEE, ih sutcesso?s and assiyro, ~ the are E ~hat - y - Iawfutty se~zed of the said premises 7n feg simple; that the same are free, clear and dixharged from all liens end sncvm- ; brances in (aw or in equiry, and that they w~~~ a~ their ~~rs shall warrant and defend the title to the same to ihe said MORTGAG~E, its suctessws and assigns, forever against the lawful claims and demsnds of al) persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory rate F~treinbefore described and shaN truly, promptly and fully pe?form, d(scharge, execute, complete, comply with and ab;de by each and every the stipulatiau, agreements, conditions and covenants of faid promiasory note and of this Mortgage, then this Nbrtgage and the Estate hereby crested shall cease and be null and void. ~ 17 IS UN~ERSTOOD that the word "Mortgagor" whether in the s~ngular or plural anywhere in this Mwtgage, shall be singular if one only ~nd ~ shall be plural jointly and severally if more than one, and thar the word "their" as uied anywhere in this Mortgage shall be taken to mean "his;' "hen,"' or "its;' wherever the context so implies or admits. Alw, that wherever there is a reference i~ the covenants and sgreements herein comai~ed to ~ny of the parties he:eto, the same shall be construed to meari as wefl as the heirs, legat rep?euntatives, successws and assigm (either voluntary by act of the ~ ; parties or involunrory by operation of the law) of the same and that the cove~ants herein contained shall bind and tt~e benefits and ~dvantages inur~ ~o the respective heirs, legal representatives, successors and ass~gns of the parties hereto. And said Mortgagors, for themselves and their heirs, legal representatives, successas snd assigns, hereby jointly a~d severally covenartf and agree : ro and with ttx uid MORTGAGEE, its wccessors and ass;gns: ` 1. To pay a!I and singular the principal snd interest and the various and sundry sums of money p~yable by virtue of said promissory npte, and this ~0 mortgage, each and every, promptly on the days respedively the same severally become due. o~p ; 2. To pay all snd •ingular the taxes, asiessments, levies, liabilities, oblgatans snd encumbrances of every nature and kind now on taid desc?ibed property, or that hereafter may be impoted, suffered, ptxed, levied, w astessed thereon, p thst hereafter may be levied or ssussed upon this Morty- age, a the indebtedness setured hereby, each and every, when due and payable, according to law, befwe 1F~ey become delinqueM, snd befwe ~ny intaest artaches or any penalty is incurred; AND INSOfAR AS ANY iHEREOF IS OF RKORD INE SAMF SNALL BE PROMPTLY SATISFIfD AND DfSCHARGED OF RECORD AND THE ORIGINAI OFfICtAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALIY ENDORSED ~ OR CERTIFIED) SHAII BE PLACED IN THE NANDS OF SAID MORTGAGEE WIIHIN TEN DAYS NEXT AFTER PAYMENT; and in the even? that any the+eof i~ nof pa~d, sat'sfied arn~ discharged sa:d MORTGAGFE may st any time pay the same w any part thereof witFw~t wsiving or afftcting any option, lien, equiry a •~qht under w by virtue of Ihis mortgage and the f~ll amount of each and every such payment shall be immediately due and pay~ble and sf~all bear interesf i ~ron, the date thereof until pa~d at ra~e oi n~ne per centum per annum and rogerher w~eh such interest shall be ucured by the Iien of th:s morgisge. i -g - . . ; , _ i .5.. . _ ~ - - "3' . . . . . , , ~ ~ m Y ~,_a,..