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TH15 INOENTURE, Nl~d~ the 9th day of Julv ~ 19~-. b~twr~^
Joe T. McGee and Dix_~ B MnC'~a __i f B ~
ef St ~ 1.11C~Q Cou~ry Flu~da, hereinaft3~ det~g~+ttd ss the "MORTGAGOR; • ~nd FIRST FEOERAL S~?VINGS AND IOAN
ASSOCIATION OF FORT PIERCE, • corpaatan wsu+ized and ~xluinp u~der thi laws of the Un~ted Sta~~s of Mwrica and 1»vinp iri princip+l plac~ of
bw~neu in tF~ Ciry oF fut Pitres. St. lucie Co~nry. Fluida. harein~fter desi~n+tad ~s th~ "MORTGAGEE." -
2'` s~~~ ~ artd tswtul money of the Umted
WHEREAS the MORIGAGOR is ju~tly indeb~ed ro the MORTGAGEE in the sum of i 9~
Srares aJ.anced by ihe 1AORiGAGEE vnro tha MORiGAGOR. •s evKkncrd by a cK+~m promissaY note of even date 1?erewilh, of wh:ch the follow~rg in
,,ords and fguros ~s a true copY. ~owi~: 1~2~8~
s 24.400.00 ~'1O
Fwt Pierc~. Fluida, JU1Y 9 19~
Fw val~e receivrd, 1, we a e~ther of us, Fromise to pr~, without defs'.cation, ta ~he o.der oi FIRSi fEOERAI SAVINGS AND IOAN ASSOCIATION Of
~,:2i PIERCE Fwt Pirrce, flw~Ja, thc svm of 5--~-t4--QQ~~----- "Y'"' °'•`i`~at ircrn date at the rate of pN ~~~h~Y'^s~+~~'
•.n as ro,~o~,s: s_21az00 _?~hlay of aCtObel ;9.~~ and a I:ka svr on the cwresponding day of each monlh ~herr
o•~a: cntil ~he whole be fuSly pa~d.
Exh ~ns~aliment f~sst shall be appl:e;; ~n pay~~ent of the :nterest and then on the unpa~d i»~+nce o( rhs princ~psl sum. If default ii rr~sde in ths
,~•,a~t of any instaUmrnt wF~rn due, ar.d s~ch deiault conrinues 30 days, ihen at the option oi the holde:, and without any olher nolice, aN the remaining
~;r.,!:ments sMl1 be due and payable at oncr. P~ivilege is given to prcpay this note in whole or in pa?t at any time without penalty. lO•'Obeuance,
acceptante by ~he holder thcreof aitr~ any default in any paYrtK^ts hereo~, shall be deemrd e:teniwn. A late payr*~e~t th+~9e of s sha~~ bs
~~•.d ro each insfaHmenr rema;ning unpa~d 7 days afrer its due date, and ~ I~ke sum shall be added to each such installment rema7ning u~paid 7 days aher'
-.;h succeed~ng payn`en~ date.
Each maker, surety and endorser he~cof, jo~n~tY end severaliy, wa~ves demand. Wesen~me~t protest and noNce of protest fw r?w~payment, sod further
~ nres to any extens~~s of ri~ne of pa;menf, ~iti~er before o? after maturity, wi~hout norice to any of us; and to pay all cosls of collettion, includ~ng a
~,-cnable attornry's fee ~n the event of any de(autt hereumle?. +nd hereby sevr.ally avaives a!I benefit oi homrstrad and exemption under the con~titWion
~:aws of each Seate of Pr:e Un~tcd States, as a9a~~st th~s obli9ation w any ex~ens~on a renewal hereof.
\Yitncss the nand and seal of each partv.
s/~oe r. McGee ~~u
cs~?u
g/Qixie B, ee _ ~ewu
_ cs~?U
_ ~36.60 ~ State Revenve
_~e~w~c7ntefkttClt'a1~inA~ 1?Ote)
tV0'N, THEREF~RE, tM MORTGAGOR for the purpox oF sec~ring psyment of sa~d sum of $ 24 +4~` ~ snd the perfwmante of ths
c~ 1e~aros ~nd agreements hereinafre~ exp.essed. and fo~ d~vers goud and valwb!e considerstions, by these presents, does g~ant, barp~in, sell, rem7se.
~._-ase, convey and confirm unto the MORTGAGEE, its succeasors and assigns, a1f that ce~tain bt, piece or pucel of lu~d, situate, lying, a~d beirg in the
Co:~nry of $t . LL1C1e aod State of Florida, desuibed as follows:
Lot 17, Block 1, LAKBWOOD PARK UNIT i, according to the plat thereof on file in
Plat Book 10, Pages 51, S1A, S1B and S1C, Public Recozds of St. Lucie Co~ty,
Florida,?
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~ ~ p8,~ ltECEIVED ~ IN PAY~1~'R OF TAXEi
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o DUE ON CIASS 'C INTAIF6?BLE Pf •_~-L P90PEil~
PURSWWT To C11~PTER 71•13s. IIGTS ~ lY)L
pi'ifR PORRAS
C~ERR CWGlR OOURfi Sf. LUCE OQti F~
'•-~ether witF~ aiI and singular the tencments, hered~taments and appurtanus ~hereunto belongng o? u+ ~nYw~ ~PP~~+~^+^~ therelo, ~nd ail r~nta, :swes,
:•cceeds sr.d p~of~ts accruing and to accrue from said prr.*~~us, all of wh~ch are included in the sbove snd fwegoing desaiPtan srd Mbe~dum-
TO HAVE AND TO HOID the ab~+e desu~bed a~d grsMed Wemises unto the said MORTGAGEE, its successws u~d auipns forever. And fh~ s+id
tt1QIY ~~~s, eaecotors, adm+nistrstws and asaigns, hereby covenaMS with 'he siid MORTGAGEE, its sutcessws u+d ~ssipro•
~t~RTGA~O R for
_ tlley aYe lawfufly x~:-d of the uid prrmises i~ fee simple: that the aame are free, ckar snd discMrged from all liera and encvm-
~'•~n_es in law w in equity, and that L~- will and ~B; Y hein sh~l! wur~r.t and defend the title to the same to 1tw s~id
:'~RivAGEE, i~s successors and aug~s, fwever against the lawful daims and demands of sll persons;
PROVIDEO. AlWAYS ~hst if the MORTi3AGOR xhatl psy unto tF~e MORTGAGEE the prom~swry note haeiobefore desaibed and sha~~ tndY. P~~P~~Y
~ ~ i futly perform, d~xharge, e,cecute, comple~e, complY with and :bEde by each and every the ttipulationa, ag~ee+ne*iri• toRd~?ia+s ~^d ~ovms^ri of sa'd
~m~ssory note and of tF~is Mortgsge, rhen this Mortgsge and the Estate hereby aeated shall cesss uvJ be nu~~ and wid•
4 IT IS UNDERSTOOD tFW! the word "Mortgagcr" whether in the s~ngu3ar w plursl anywhere in this Morfgage, sh+l) be sinyulu if ene only snd
; .rz'; ~ Dtursl jointly and sevcr~liy if more than one, and that the wwd "their" as usrd snywhere in this Mortgag~ shall be tsken to mea~ "his.•• •"hers•• ,
_"i:s:' wF~erever the cantext so implits w admits. Alw, that wherevd there is s reference in the cove~s~ri ~nd +9~temen?s herein contalned ro~Mr of b~ ;
- e parties F+ere~o, the same shall be construed to mesn as well si tfie heirs, legal representatives, tuccessors and sssigru (e~th~ volun~uY by sci of th~ ~ib ~
,ars:es w involuntary by ope?ation of the law) of the same ~nd that the covenants herein conuined shall bind snd the benefits and sdvs~tsyes irwr~ i
fhe respective heirt, legal reprexntatives, waessors snd au~gns of the psrties hereto. :
And said Mwtgx~ws, fw themselves and tFrcN heirs, legal reproxntatives, successors and assigns, hereby lointly end saverally covenant snd ~yrse ~
ro and with tht said MORTGAGEE, its successors and asaigns: ~
1. To p+y all and singular the princ~pal and intersst and the vuaus and sv~+dry sums of money psyable by virtue of said promissory note, and this ~ }
•r,orrgage, each and every, p?omPtly on t}+e days respectivety fhe ssme severally becane dve. ~
2. lo pay atl and singulu t(x ta:es, auessments, kvies. liabilities, oblgatans ~nd encumb?+nces of every o+hrrt and k'~d ^°w s+d d~~ ~ f
H.opery, o~ that hereafter may be 'anpos_d, suffered, placed, kvied, a sssessed thereon, a that heresfter may be levied a usessed vpa~ ~his Mo~t~-
age, or the indebtedness secured F~ereby, e+ch and every, when d~e ard paysble, xcading to iaw, before t!?ey become delinquent, snd befae any intadt
aneches or any penalty +s incurred; ANU INSOFAR AS ANY 1HEREOF IS Of RKORO THE SAME SNAII BE PROMPTLY SATISFIE~ AND OISCHARGED OF ~
ReCORO AND iHE ORtGINAL OFFICIAI DQCUMENT (SUCH AS, FOR INSTANCE, THc TAX RECEIPT OR THE SATISFAC110N PAPER OFfIC1AtlY ENOORSED :
GR CERtIF1ED) SHAII BE PWCED IN THE HANDS OF SA~O MORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMEN?; snd tl~e eve~t Ihat ~ny thereof is nw i
pa~d, sat sfied a~d dixh~rged sa d MORiGAGEE may at any time pay the sart+e o? any part Ihereof witlw~t waiving or affecting any option, (ien, equify or
.~qh~ v~de~ or by v~~~ue of ih;s mor~gage and the full amo~~t of each and every tvch paymen/ shall be immediately due snd paYable and shall bear interest
. ~=t .--F oF n;ne per centvm pe~ movm and to9ether w~th such interes• shall be ucured by the Gen of rh s Tcra+agP
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