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Home My WebLink About2882 ~ 2~4~~~ ~ THIS lNDENTURE, Mad~ the 14th day of February Ap 19 74 ~~w~ ?~:ozelle ~fc~lillian and Carrie Mc~til2ian. his wife of St . 1-uCie County florida, hereinafta deagnared ss the °MORTGAGOR;' and FtRST FEDERA! SAVINGS AND LOAPi ASSpCUTtON OF FORT PIfR~E, a cwporat+oe~ orpanized snd exis?in9 under tht laws oi the Un~ted Sut~t of America and Mving itt principal place of busineu in tM City of Fat Pierce, St. lucis Cou~ry. Florids, hereinaitt~ dss~9nated as th~ "MORTGAGEE." WHEREAS tM MORTGAGOR is justly indebted ro the MORTGAGEE i~ the sum of : $ s~~ good snd lawiut maney of the U~;ted S~ates advanced by the MORTGAGEE unto the MORTGAGOR, as svidenced by ? certa;n promiasory note of even date herewith, of which the following in words and figures is a true copy, to-wit: s 8.4~9 ~ • ~ 10020638 ~ ' fo?t Pierte, Flwida, Feb=uaZy 14~ 19 74 For value received, 1, we or eithe~ of ~s, promise to pay, without defalcat~on, to the order of FJRST fEDERA! SAVlNGS A!rD tOAN ASSOCtAT10N OF FORT PIERCE at Fwt Pi~rce, Flotida. Ihe sum of S y~-8-~0 with i~terest from date at the ~ate of$ a4__% per annum, in monthly install- ~~,ents as foflows: S- ~2 on the 2Ot•~day of ~1a ZCfI ~ yq 74 and a like sum on the correspon~~ng day of each month there- a!rer until the whole be ful{y paid. Each instatlment first shall be applied in payment of the irterest a~d ~hen on the unpaid balance of the princ~pal sum. If deiauh is made in the ~ayment of any ins?a~tment when due, and such defautt continues 30 days, then a~ the opti~n of the holder, and without any othe~ not~ce, all the remain~ng :nstallments shalt be dve and payable at once. Privile~e is given to prepay this note in whole w in psrt at any t~me wi~hout penalty. Neither iorebearance, no~ atcep~anca by the holder thereof aiter any default in any payments hcreon, shall be deemed exte~s'an. A late payment charge of S~+-~-. shali be added to, tach i~stallment remaining vnpa~d 7 days after its due date, and e tike sum shall be added to each sucF~ installment remaini~g unpaid 7 days after each succeeding payment date. Each maker, surety and endwser hereof, jointly and severally, waives demand, presentment protest and notice of protest for rwnpayment, and further agrees to any extens~on of time of payme~t, e~ther before or after maturity, without not~ce to a~y of us; a~d to pay al! costs of cotlection, inctud~ng a reasonable attorney ~ fee in rhe event of any defauit hereurt~er, and hereby severally waives all benefit of homestead and exemption under ihe corstitutan a-~d laws of each State of the United States, as against this obl~gatio~ or any cx~ension or renewal hereof, Wit~ess the hand and aeal of each party. (senU ~s/ Hozelle McHillian ~~A~~ (SEAL) /s/ Carrie Mc'dillian { s 12 . 00 1 State Revenue iStaa~W-ta~t~l I~d an- ~:giw~i ~M~) NOW, iHEREFORE, ti~e MORiGAGOR for tFK pu~pox of tccuring payment of said sum of = 8•~0 , and the pe?fo?mance of the covenants artd agrKments here~nafter expressed, and for divers good and valuabfe considerations, by these presents, does grant, bargain, self, rem~se, re!ease, convey and co~firm unto the MORTGAGEE, its auccessora and assigns, aI! that cenain lot, piece or parcel of land, situate, lying, and being in the County of St. Lucie and Srate of Flwids, dexribed a~ follw~n: Begin at the South~rest corner of Tract IS of GAT'DEN CITY ~'AR'?1S, according to the plat thereof recorded in Plat Book 2, paqe 5, of the public records of St. Lucie County, ~2orida; thence ran East 215 feet, thence Kozth 25 feet to point of beginninq; Lhence continue North 155 feet; thence East 135 feet; thence South 155 feet; thence West Ii5 feet to point of beginning, ~ lying and being in Section S, Toxnship 35 South, Ranqe 40 East.~ , ~ ; i , ~~r ~;sf~~~.-~...~'~~~'?~#~ti<~...a- S . :,.L.~S3 - F~~ ~-.s~s}--~2as~-. t'X ~,ti.~:. - r ~ fr ~N~ p~ t~~. r <4 STAT~ ~fi FL~ 1-`-~ t"'~ ! p% A~~' QtA o= Q DOCUMENTARY;~~ ' ~ ~Ne ot~'~ ~y~~~ ~c ~ DEPT. UF kEYEIYUE i :S TLt /VI F' ' 1. .J ~ \e~'~~ P ~S ~E \A- N ~ P6. rii3~L~1 ~ti I ~ ` ~titPN ~~13A~,~~ `t f - i 2. 0 0 C.~~~-~ : t~C o _ =~„n~ ~ R~.~ ,,c~ cN t4 ;.1. ~ _ . . ' • , ' pJ~-~.z~.~t ~u;~,~ ` - - " Y v~ ~ t` ,l G'•• ~ V~j ~ ~~i0 ~L~ k . i together with a!I a~d sing~lar the tenements, hereditaments and appurtances thereu~to belonging w in anywise appertaining thereto, and all rents, issues, proceeds and profits accruing and to accrue from said premixs, all of which a~e intlvded in the above snd faegoir?g dexriptio~ and habendum. t0 WIVE AND TO t101D the above described and qranted premises unto the said AhORTGAGEE, its successors snd assigns forever. And the s+id : their ; MORiGAGOR for heirs, exccutws, administrators and assig~s, hereby cover?ants with the s~id MORTGAGEE, its sutceswrs a~d auipru, the are ~ rhat lawfuliy se~zed of the ssid premises in fee simple; that the same are free, ckar and discharged from all liens snd encum- brances in law w in equity, and thst they w;11 and their heirs shall warranf and defend tF?e title to the same to the said MORTGAGEE, its successors and au7gns, faever against the lawful cfaims and demands of atl persons; PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE ths p?omissory note hereinbefwe described and shsll truly, promptly ; and fully perform, diuha~ge, execute, complete, comply with and abide by each and evcry the stipulatiwu, agreements, caulitions and tovenants of aaid promissory note and of this Mortgsge, then this Mortgage and tF~e Esta~e hereby created sFeatl cesse and be null and void. IT IS UNDERSTOOD thst the word "Mortgagor" wixtFur in tFx singutar w plural anywhere in this Mortgage, shall bs singufar if one only ~nd ` shall be plura! jointly and severally if more than o~e, and that the word "their" as used anywhere in this Mortgsge shall be taken to mean '"his;' "hen;' or "its;' wherever the context so implies o? admits. Also, that wherever there is a reference in ths covens~ri and sgreemenh he?ein contained to any of ~ the parties hereto, t!x same shall be co~strued ro mean as well a~ the heirs, legal represeneatives, successon and assigns (either volvntary by act of the parties or involuntery by operaYwn of tix law) of the same and that the covenants herein co~tained shall bind and the benefits and advantsgd inure +o the respective heirs, legal representatives, successors and ass°gns of tF?e parties hereto. And said Nlortgagors, fa tF~crosetves and their heirs, Itgal representatives, successo~s and auigns, hereby jointly and sevaally tovens~t a~d agree ro snd with t}~e said MORTGAGEE, iti succeuors and assigns: q 1. To pay all and singular tFx principal and interest and the various and sundry sums of ma?ey payable by virtue of ssid promissory note, and this ; morigage, each and every, promptly on the days respectively tFx same severally become dve. `t 2. To pay ~II and sing~Iar the tsxes, assessments, levies, liabilities, obliqatFons and encumbrsnces of every nature and kind now on said described 3 property, or that hereafter may be impoted, suffcred, placed, levied, w assessed thereon, or tMt hereafter may be levied w~sseued ~pon this Mort¢ age, or the indebtedness secured hereby, eufi and every, when due and payable, ~ccuding to faw, beiwe they become delinqveM, artd before tny iMere~1 attaches or any penalty +s +ncurred; AND INSOFAR A$ ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISFIED AND DISCHARGEO Of RECORD AND THE ORIGINAI OFFICIAL DOCUMENT (SUCH AS, FOR INSiANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OfflCtAltY ENDORSEO OR CERiIf1E0) SHAII BE VIACED IN tHE HANOS Of SAtD MORTGAGEE W11HIN TEN UAYS NfXT AFTER PAYMENT; and in the event that any thereof if not ! pzid, saYSfied snd dixharged sa'd MORTGAGEE may at any time pay the same w any pa~t thereof without waiving w affecting any option, lien, equify or .iQht under or by vinue of this mortgage and the fuil amount of each and every such payment shsll be immediately due and payable and shall bear interest ~•om the dare thereof unril paid at rate of n~ne per centum per annum snd togethervq;ifi n~ rest s ed by the lien of th:s mwgtage. r : : ~ ~J PAi:E~~~