Loading...
HomeMy WebLinkAbout2271 . ~~86~3 ~ . . •'1HIS IN~ENTURE. M+d~ th~ aift ~y of Msrch 19 74 bttwee~ Bertha Louise McClendon~ s sinale adult a{ St . Lucie Cpinfy Fiwida~ FIMfIMftM deiignated s~ tM "MORTGAGOR," snd FIRST FEDERAI SAVINGS AND tOAN ASSOCIATION OF FORT PIERCE. ~ cwpaation wpaniud ~~d exittinp ur+da th~ laws of tF~e United Stat~s of Am~~ica and havir+p iri principal plac~ of ' busiMSS in tM Clty of fort PiKU, St. luci~ County. Fb~ld+. heninaha desip~ated a~ tM i RTBG~~~ ~ WHEREAS fM MORTGAGOR h jw11y indtbt~d 1o fFw MORTGAGEE in the sum of S ~ , good and I~wful money of the Un~ted Srate~ advanced by the MORTGAGEE vnto the MORTGAGOR, ai evidanced by s ceru~~ promiuory note of even date herew~~h, oi which the (ollowinq in w«di ,nd fiyu.es b. tn,. copy, w~n,~~: 10020'/23 ~ 12.800.00 ~ ra ro?t P1erc•, flo.td+. Ma tCh 21, ~~4 Fa value received, I, we a either of us, prom~se to pay, without defalcation. 1o the orde~ of F~R~T FED~RAL SAVINGS AND IOAN ASSOCIATION OF FORT PIE~CE af iwt Pie?ce, fbrida, the sum of ~ 12l~0•~ w~th imerest f~om date at the rate of 8•996 pe? annum, in monthly inst~ll• ~•,enh as foUows: = 116.~ on tFw 2~ h d+y of May 19 7 4 snd s 1~ke s~m on the.careipo~+d~ng day of esch rtw~~h t h err afrer until ~he whole be fully paid. Each installment first ahall be applied io payment of fhs interest and fhen on the unpaid balancs of the p~~~dp+~ sum. If de~ault is made in the payment of any installment when due, u~d such default continwa 30 days, then at the opiron of the holder, and without any other nolice, all the remaining ~ ~nstallmentt shall be due and payabte at once. Privileys is yiven to prepay this note in whole or i~ put sf any time without pen+lty. Neitlxr forebear~nce, nor acceptance by the holder thereof after any defauM in any payments hereon. shall be deemed extension. A late paya+ent charye of ~ 5•8O s1+d~ bs ~ added to eath installment remaining unpaid 7 days ~fter in dw date, and a tike sum sMll be added to exh such installment remaining unpaid 7 days ifte~ each s~?tceedirg payment date. Each maker, swety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of proteat foi nonpaymeN, snd further agrees to any exfension of time of payrrKnt, either before a after maturity, without rtot~ce to any of us; a~d to pay all costs of cotlection, including a reasonabte attorrtey i fee i~ the event of any default hereu~der, and hereby severally waives all benefit of homestead and exemption under the constitution and Iaws of each S~ate of the United States, as against this obligation or any extertsion or ~enewal hereof. Witness the hand and seal of each party. (SeAU s/ Bertha Louise McCleadon, ~u a single adult ~Aq ~ ts~?U ~ S 19 . 20 ) sr~te Revenue p'a*~~~~'*~~~ 12, 800. 00 NOW, THEREFORE, the lIIWRTGAGOR iw the purpose of tecuring paymem of said sum of s ~nd the pe?formu+ce of tM ~ covenants and agreements hereinafter e:preued, and for d~vers good and valwble considerations, by these presents, does grant, barysin, setl, rem~x, release, to~vey and to!sfirm unto the MORTGAGEE, iri successors and auign~, sll that tHtsin lot, piete w p~rcel of Isnd, ~ituate, lying, end being in ths Co~nty of $t. Lueie and State of flw~da, desaibed ~s followt: 4 ~ Lot 23, Block 4, INDIAN HILLS SSTATES, as peY plat thereof on file ~ ~ in Plat Book 10, page 32 of the pvblic records of St. Lucie County, Flo ri da ~ ~ ~ ' ~ ~ S ; ; > ~ AT~ oF ~ a* `J ~ =c Q OOr i~E~N ~;Y 1SF~'~~'~ a o _ ~ P6~ = ,•`u-y 1+ .~~;~~':"'.~/i ~ n. ~ ~ ' RECEIYED •4 b IN PAYMEM OF TAXES a ~ ~ ~ pN Cl11SS 'C INTItNGIBIE ?ERSOf1AL P~n, ~ pURS1Ul1i TO CFiAPTER 71-134, ACTS OF 1911~r~~ ~ ROGER POITRJIS CIERK CIRqlIT OOURT~ ST. WCIE 00, f1A ~ ~ , ~ rogether with all snd singular tF~e terumeots, hereditamcnts and appu~t~nces therev~to belaginy or in ~nywise appert~ininp thereto, and ~U renri, issues, ~ u proceeds and profiri acauing and to acvue f?om said premius, sll of which ate included in the above +nd fwsyoing desuiption and habendum. ~ ~ TO HAVE AND TO~ lD the sbove described and gnnted premiies unto tl+e said MORTGAGEE, ib successon end auigns forewr. Md tM s~id MORTGAGOR for t~e_- hein, executws, administratws and assigns, hereby covensnri with the uid MORTGAGEE, in wcc.uws a~d +aiym. ~hat th ~ are lawfully uized of the said prem~ses ~n fee simple; that the same a~e free, deu ud diuh+rped from all liero and encurtr brarxes in Isw w in equity, and that thev v„i11 and their h~in ahal{ w~rrant and defend the titk to the sartw to ths ssid MORTGAGEE, iri succeuors snd auigns, fwever against the lawful claims and demands of all penau; ~ PROVIDED, ALWAYS thst if the MORTGAGOR shalt pay unto the MORTGAGEE the ptomissory nme hereinbefote destribed and shsll trvly, promptly and fully perfwm, dixharge, execute, complete, comply with ~nd abide by each and everyr the stipulations, a9reemenri, co~ditions and covenanb of said ~ promissory note sod of this Mort9sge, then this Nbrtyage and the Estate hereby ae+ted shall cease and be nu~l and void- ~ IT !S UNOERSTOOD that the wwd "Mwtg~gor" whether in the singular or plural anywhere in this Mwtgspe, shsll be singula? if a~e onty and ~ ~ shall be plural joinHy and ~everally if more tF~sn one, and that the word "their" ss osed ~nywhen in this Mortgaye shsl! be qken ro me~n "his," "hen;' , or "iri," wherever the context so impl'~es or admib. Also, thst wherever there is ~ refererxe in the tovenanb and agreemenh F~erein contained to any of ~ the parties hercto, tt~e same shall be constrved to mem as well ~s the hein, leyal representatives, sucusson and auigns (either voluntsry by act of tM ~ib ~ partid or involv~tsry by operstion of the law) of the same and that the covenson herein contsined shsll bind a~d tl~s benefits a~d advanb~es inw~ F ~ ro the rcspedive heirs, legal representatives, successon and au'gru of the psrties hereto. ~ Md said Mwtgsgors, fw themselves and their hein, leg~l representatives, succeuws a+~d auigns, hereby jointly snd severslly cwensnt and apree § ro and with the said MORTGAGEE, its sucuuors and suigns: ; ~ 1. To pay al) +nd singular the principal and interest and the wrio~s and sundry sums of ma~ey p+y~ble by virtue of seid promissory note, snd tha ° _ mort9spe, e+ch H+d every, promptly on the days respettively the same severally becon'ie due. ~ 2. To p~y ~II and ~i~+yulu the tsxes, sssesunents, levies, lisbilities, oWigstions snd enc~mbranc~s of every nswre and kind now on ssid describad Property, a th~t hereafter msy be imposed, s~ffered, placed. Icvied, or ~ssessed thereon, a tMt hereafter m~y be kvied or uiessed vpon this M~at~- age, or tM indebtedneu secured hereby, esch and every, when due +nd psyable, xcordin~ to law, befwe they become del~nquent, and befor~ a11y ~1HHt attaches a any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII dF PROMPiIY SATISfIED AND DISCHARGE~ OF RECORO AMD THE ORIGIFfAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE 1AX RECEIPT OR THE SATISfACT10N P/1PER OFFICIAILY ENOORSED - OR CERTIFIED) SHAII BE PtACED IN THE HANDS OF SAID NIORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the event that any thereof is not paid, sat:sfied and diuharged sa;d MORTGAGEE may st any tirt+e pay the same or sny psrt thereof withovt wsiving a~ffeuirg any option, lien, eqvity or •~qht under w by vi?tve of this mortgage and the (ull amount of each and every such paymenf shall be immediately due and paysble snd shall bear intaest "4 ~rom the date thereof vntil p~id at ~ate of nine per centum per s~n~m •nd to9ether w~th such interest shall be secured by the lien o( th:s morgtage. ~ _ -y : _ ~ _ . . ' . . _ _ ' :'r r~ ~ _ ~ '+h.~FiaR4~f.+3 u~~ ~^T 1+- '.iT+: : ~ .Y ~ 'S'Ca ..ts +iy~ xiG~. ~ y_ ~~~3t'~+:~?~~3' ~ . . . . ' s~-?,~~.~....s-~'.5",.~.'t_"~'_c..x`. ~ _ , _ . . _