HomeMy WebLinkAbout2953 ~ ryU~g ~
. ~ • ' . ~ ~ ~ ~ ~ ~ ~
. • • . 8th Apsil - n.~. ~v74 b.nN.«+
TMIS INDENTURE. Mad~ th~ day of
o and D McG h wit
of `St •~'1iCi• Cpynfy Fbrida, hs~~inatt~r desiyi?ared' th~'~••~~ GQR " snd FIRST FE~ERAI SAViNGS AND IOAN
ASSOCIATION OF fORT PIERCE. • corpaation orp~?is~d s~d existirp uode~ tM lavin of tM U~it~d~~t~ of America and Mvinp ib principil piac~ of
bu~in~ss in th~ City of fort PiKa. St. Lvci~ County. Fk~id+. hw~iMftK dayn+t~d u th~ " RJ GEE ~
~ end lawful ma~aY of the United
WHEREAS tM MORTGAGOR h jwNy i~kbt~d to th~ MORTGAGEE ie ths swn of = 9°~
States adv~nced by tM MORTGAGEE u~to ths MORTGAGOR, ai evidenced by a:ca~i+in promiuury noh of even date hsrswith, of which the fdlowi~ in
wads +nd fiyu~es is a trw copY, to-wit: , ~ 1~2~7a
~ 23,600.00
Fort PIKCS, Florid+. wpril g 1974
fw valw raceived, 1, we or eiihsr of ~s, p~ornise to psy, without defalca~ion, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIA?ION OF
FORT PIERCE al Fwt Pierce, Fbrida, the sum of f 23.6~~~ w;th inrereit from date +1 the rate of 8~ 7~ pe? annum, in mwdhly install-
ments u foftowi: S 195 ~ 20'~ ~y of J~y 14 74 ud ~ ~~ke sum on ths correspa~d~np day of each month there- :
after until the wholt be ~ully p~id. ~
Each irtstallment first ~hall be applied in payment of tFa interest a~d ~he~ on the ~npaid bab~+ts of the print~pal sum. If defauh is m+de i~ the i
payment of ~ny instaUment when d~re, and wch defavh tonti~ues 30 days, then at the optiw~ of ths holde~, and without ~~y other notice, all the remsininp
~nstallmeori sF?~II be ~us and payabb af once. Privile~s is yiven to prsp+y fhis rate in whote a in p+rt at •~y time withouf penahy. Neither f«ebear•nce,
nor au~ptance by the holder t r f afta any default in a~Y p~Y~nents hereon, shall b~ deemed extcnsion. A late paYm~^t d?+rge of S 9• 7r~ sh+ll be
added to each installment remam~ng paid 7 days aftpr in dw da~e. a~d a like wm shall be sdded to exh such installment rem+inn+g u~P+~d 7 daYS afte?
rach succeeding paYmt+~t date.
Each maker, surety and endorur he~eof, jointly a~+d uveralty, waiva demand, p~esentmcnt protest and notice of protest fw nonpaY^x^6 +^d further
agrees to sny extension of Yune of payment, either beiwe or afte? maturity, without notice to any of us; and to pay all costs of collection. indudinq •
reaaawble attorney's fee in the event of any defanlt hereundtr, and hereby severally waives all benefit of homestcsd and exemption under the co~stitvliwf
and laws of each State oi the United States, as against this obligation or any exte~sion w renewal hereof.
Witness the harid and seal of each party.
(s~?U
- s/Joe T. McGee ts~?u
. csewq
s/Dixi~ B. McG4e cs~w
~ $35.40 i state Revenus -
tsu.~...~wo.u.i...~p~+~+~r) 23 , 600. 00
NOW, THEREFORE, the MORTGAGOR fw the purpose of secvring psyment of aid sum of ~ , a~d the performance of tM
eovenanb and agreements hereinafler e:pressed, and fw divers good and valwble consideraY~om, by thes~ preaenri, does grant, barysi~, tell, remise,
releau, coe;rcy and confirm uMO tM MORTGAGEE, its successort s~+d auiyns, alt th~t certain bt, p'~eu or partel of bnd, situate, (yag, snd beinp in the
Cou~"~' of $t• LZ1C~Q uid Stat~ of Florid~, dewibsd as fdlowt:
LoY 1, Block 2, LAKBi~AOD PARK UNIT 1, accordinq to thQ plat thereof on file in
Plat Book 10, P,ages 51, S1A, SiB and SiC, Public Records of St. Lucie County,
Florida,
i
~
M oF FLC3RlDAf ;
STA~'~ ssannP i n ;
~ ~ ~~NrtARY.s!~`~
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in ; 11~02
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- y ~ !N PAYMFM T11XPi
DUE ON CU~SS 'C INTN1GIBlE PE~SOhAI PROPERTY,
p~RSUArIT TO f.W1P1ER 71-134. AC~S Of 19i1. ~
ROGEit POITRIl.S
CtERK CIRCUIT GOURT. Sf. t.tlC1E C0~ ~
together w~th ell and singulsr the tenement~, hereditamenn snd appurtances therevMO belonginy or in anYwise appert+ininy thereto. and a0 renh, iuws.
pixeeds ~nd profin xuuir+g srd to scvue fron+ ssid Prem~ses, all of wFiKh ue included in tF~t abov~ and forepoinp desc?iption and h+be++dum.
TO HAVE AND TO the sbove desaibed and 9++^f~d Prem~ses ~nfo the said NIORTGAGEE, its s~ccessors +nd +ssiy^s fore`ra. Md tM s+id
t~'Oe~r
MORTGA~t fw heirs, executws, sdministrsto?s and ass'gru, heseby tovensMS with fhs said MORTGAGEE, ib svaes~as a~d +ssiy^s•
iil@y a!@ lawfully seized of the ssid pre+n~ses in fee simple: that tF» ssme are fr~s, clear and disch~r9cd from sll lieru and encwn-
rhat
brsnces i~ law w in equity, and tF?at td@y will and tb@ir _ heirs ~hsl) wsrrant snd defend t?r title to the ssm~ to tM s~id
MORTGAGEE, iri successors a~ assigru, fwever against tF~e lawful cbims snd demands of ~II persons:
~ PROVI~ED, AlWAYS tMt if the MORTGAGOR ih+ll pay unto the MORTGAGEE ths p?om7so?Y note he?einbefore deuribed and s?u~~ trv~Y. P~a^Pt~Y
and fully perfwm, diulwrge, exeeute, canplete. comply with snd abide by e+cF? ~nd every the stipulatian. ayreemenb, condiYwos and covens~n of said
~ promissory note and of this Mo~tgsge, then this Morty+ge and the Estate hereby ve~ted shsll uase eod be null +~d wid•
IT IS UND~RSTOOD tFw~ the word "Mort9+9a~~ whether in the ~~ngular ot plwal anywF~ere in this Mat9spe, shsll bs si^p~ls? if one only and
shall be ptural pintly and severally if more than one. +nd tha~ the word "fheir" ~s used ~~ywhere in this Mwtyaye sh+ll bs tsken to mean "his,•• •'her+••
~ w••its;' wherever the contezt w imp{ies a admits. Also, that whereve~ the~e is • refe?e++ce in tM covenants and ~reemenb hersin contsined to ~ny oft~i7~
_ the ps?Y~a hereto, the ssrrK sh+ll be co~strved to me+n ~s well as tbe hein, legal r~p?esentaYrves, successon uid aui9^s {eithsr volu~ury by +ct of th~ ~
parties or &+volunt~ry by ope?ation of the lawl of the tame a+~d that the covenants he?tin contained sF?~II bind and the be~efits u~d ~dvantages i~wt~
ro the resp~ctive heirs, legal rep?esentatives, succeuon and au~yrn of the parties hereto. _r.
pnd said NAortyagots, for themselves and their heirs, leg+l representatives, sucuuors snd ~uigra, hereby jointly ~nd severally tovenaM a~d ~yree
ro a~d with the said MORTGAGEE, iri successo+s snd ~uigns:
1. To pay dl and singvlar the p~incipal snd interest and the var'wus snd sundry sums of moneY WYa~e bY of said promitsory note. ~nd this ~
mortpaQe, each and every, pranPtly on ti+e dsYS r~spettively the ssme sev~rally become due.
2. To pay ~!1 and singulu tM taxes, sssessmertts, kvies, lisbilities, obligations snd sncvmbrsnns of every n~twe and kind now on s+sd d~scribed
P~~~Y• or that hsreaher may be imposed, suffered. Plsced, levied, w asse:sed thereo~, w that hereafter may be levied a usessed uPa+ this Mwt~-
age, or tf?e ind~btedness secured hereby, e+d+ and every, wFwn dw snd p~yabk, accordi~g ro law, befor~ they become delinqvent, and befwe ~ny imaat
attaches w any penalty ~s inc~rred; AND INSOFAR AS ANY THEREOf IS OF RKOR~ 1HE SAME SHAII BE PROMPTIY SATISf1E0 AND DISCHARGEO Of
REGORD AN~ THE ORIGINAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICIAIIY ENDORSED ~
OR CERTIFIE~) SHALL 8E PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYNIENT; and in the event thsf ~nY thereof is no~
paid, sst:sfied a~d discharged sa:d MORTGAGEE may +t sny time pay the ssme or any psrt fhereof without wsivir+g or sffeding arty option, t~en, equity o~
•~qht under or by virtue of this mortgsge a~d the full smount of each snd every such payment shall be immediately due and pay+bk and shall bear inte?est
~rom the date the?eof until p~id at rate of nine per centum per ~nnum +nd toyNhc~ w~th s~th inte~est ihall be secured by the lien of th:s morylaye.
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