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THIS INDENTURE. N4d~ tFi~ bth ~Y af /~NQ~1St A.D. 19
74-~ btw~en
Vimcent R. Mcl. nden an Willi G _ ~
. uC @ ~cunty Ftwida, hereinafta designsied as th~ "N1difTGAGOR," and~ FIRSf ~EOERAI SAVINGS ANO IOAN ~
of I~p of
ASSOCIATION OF fORT PIERCE, • aorpor+tlon w~+niitd +^d ex'i?~+:y unda th~ I+w~ oi ths Un~ted St~ta of Am~rka and Mvkg iri principal p _
bus~~u in ~I+s City of Fo~ PiKC~. St. luci~ Covnty. fiaio+. her•ina(t~r d~~?p~ated as rM "MORTGAGEE."
ZO 6~.0~ ~nd I~wful money of the United ~
WHEREAS 1M MORTGAGOR is juatty indtbqd ro 1F+~ MORTGAGEE in tM wm of = 9~d
St~tcs advanced by the fAORTGAGEE unto ths MORTGAGOR. ~s evidenced by + certai~ promiisay noN oi even daN hsrewNh. af which ths ;ollowiny i~
.~ords •nd fiyvr~f is a trut copy, lowit: ' ~1~21~21
s~Q~600.00 Au ust 6 19~
Fwt~ Pierc~. flwid~, 4
fo~ value received, 1, we or either of us, promise to pay, without defatcation, to the order of fIRST FEDERAL SAVINGS AND LOF~N ASSOCU~T~ON OF
20 s 600• ~0 w;~h ;nta~es~ from date st the rate of ~i7~9'o per annum, in monthly install-
~ URT PIERCE at fort Pierce. Fbrid~, ths sum oi S
~~~~~s as iollows: i 196. ~0 2~th day of N~V@~e= . ~9- 74~^d + ~~ke s~n++ on ~he corrospond~np day of exh month 1Mrr i
e+ter uMil the whole be fully paid. I
Each installmenf first shali b~ apptiad in p+Yment of the interest and the~c on the unpaFd balance of the p~inc+psl ium. If de(suh ii mad~ te tM +
F:~;ment of any instatlment when due, and such detavlt cartinues 30 deys, ~P~p^ of ~10~~'• ~^d `ai~h°ut any olher notice, all the remai~ing ,
:r~srallments shall be due and payable a~ once. Privilege is give~ 1o prepaY this rate in whole or in part at any time w~thout pen~lry. Neither fwebearance, 2
s
nor acceptance by tM holde? thereof aftcr sny dtfavlt in a~y paymems hereon, shall be deemcd extension. A tate payment chsrge of 5~.9 • 8O s~++~~ ~ ~
~dd~d to each installmem remaining uepaid 7 days afta its due dste, aod ~ tike sum shall be added to each such installment remaininp unpa~d 7 dari aher
each succeeding payment date.
Euh maker, surety snd endorser hereof, jointly and severally, wa~ves demand, p?euntment p?otest and notice of protest fw r+onpayment. ~nd fuMher ~
ay~ees to any extens~on of time of payment, eirher be(ore w•fter maturity, w~~hout notKe to any of us; and to pay all costs of collecsion, inclvd~ny ~ ~
+e,sonable •nwneYi fee in the even~ ot any defautt hereundar, and hereby severatly wa7ves alt benefit of homestead a~i exemption under the constitufion f
.~~~d laws of each State of ~he Un~ted Statcs, as agains~ this obligaiion w sny extensian a renewal hereof. S
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Witnr_s the hand and scal of esch party.
s Vincent R. McLynden ~u
ts~?U
s Willie G. McLynden ~
$3~.9~ i Stese Revenua
! 20,600.00
NOW, 7HFREFORE, the MORTGAGOR fa the purpox of securing payment of said sum of 3 and the perforrr++nce of th~
co~enan~s ind ~g~!lmM13 hereinafte~ expressed, and fw diveri good snd valusbte considentans, by theae presa~ts, does Q?~nt, ba?y~in, iell, remise,
rrieasr, cw?vey and ca+firm ~nro the MORTGAGEE, ib s~ccessors and su+gns, all that ceruin bt, p'uce ot pxt~l of lu~d, situate, lyir?y, a~d beinp in th~
County of St. WC1@ and Stste of Flwids, de~cribed +s fo~~owa: ~
Lots 13, 14, 15, 16, 19 and 18, Block 14, INDIAN RIVER ESTATES SUBDIVISION,
UNIT NO. 3, as per plat thereof on file in Plat Book 10, page 47, of the
public records of St. ~Lucie County, Florida +
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~ ST AMENT AR'~ ~ :
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Vf.t+iUE:=e ; `,~s n :
oX aO OEPT. vF Rc O 9 u, ~ IN PAYNEtIT OF TAXES °
~r m = ~~~-"~'74 ~ ~ INlAN618LE PE~.yb"iAl PRO°ER~Y. ~
` ee.z ~~i 7~ CFIAP~ER 71-134. AGTS OF 19i1.~,~ ~
r~ oOCER POtTRAS ~
pEp1~ CiRAlR ODURfr Si. ~~1~ ~
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!ogether w~th all snd sing,lar tfie tenements, hereditamenn ~nd appurlances thereuMO belonging or in anywise appert~ininp thereto, and aU rentti is~ws.
:-cceeds and profin acuu7ng and to scuue from taid premixs, all of wFiKt? sre incl~xled i~ the abw~ ~~d fa~9dnp d~su~Pti°^ ~^d h~berdwn' ~
TO HAVE AND TO~ l0 the above dcscribed +nd 9ranted p~en»ses unto the said MORTGAGEE, its svcceswn +~d ~uip^s fwevM. Md tl+~ s~id _
htORTGAGOR for thel= ~;rs, executori, administrstws and auigns, i+ereby co~rcn+on wirh rhe said MORiGAGEE, ib wotesson +nd as~iQro•
•;,at lawfutly seized of the ssid premises in fee im+ple: tMt tM same are fne, cle~r ~nd disch+ryed from ~II li~ra snd ~ncunr
the are
c~ances in law ot in equiry, and that t~Y will and their hein ~hall wurant ud d~fend ths fitl~ to the sartN fo ff~e ssid
'.10RTGAGEE, its succnssors and auig~s, ~o~ever sgai~st the lawf~l claims and dema~ds of all pe+wros
PROVIDED, ALWAYS 1Mi if the MORTGAGOR shall pay unto the MORTGAGEE the promisso~Y note hertinbsfo?t ddvibtd M+d sh+ll troly, p?ompt
a~d fulty periwm, dixhsrge, executs, comp~ete, comply with and abide by each and every the stipulations, ayreemenn, conditans and covena~n of iaid ~
~ oromissory note and of thes Matyage, then this Mwtgage a~d the Fstate hereby aested iMll c~aw and b~ null +nd void•
IT IS UNDERSTOO~ iMt the wwd "Mortg ~r" whether in the sirgular or plural ~nywhere in this Mortpsye, sha~~ bs si^pu~+r if o^~Y ~^d p 3
shall be plur~l jointly end aever~lly if more tMn o~e, snd that the wwd "their" as used anywher~ in this Nlon9a9e sh+ll b~ tsken to m~s~ '•1~~s,'• •'lnn•• o~o
~ cr "its:' wherever the context w implies or admits. Abo, that whereve~ there is ~ nfe?ence in the coven+nri aad ~yreemenri hetein containtd ro aery of x
~ the parties hereto, the samt shall be construed to mesn ss well as the heirs, leyal rtpresentativef, sutcessws a.'~d assiy^~ (eitMr voluMary by K1 of tM
parfies or involumary by opcr+Yan of the law) of tfie ~ama and thst tFu covenann hersin cont~ined shall bind and rM benefin and .dv~nr~~s inur~ ~
" ~o the rapective heirs, leyal rcpresentatives, successws and ass'gns of the puties hereto.
= qnd saK! Nlo.~gagors, fa tF~emselves snd their I~ein, leg~l reprexntatives, succeuas snd suiyns, hereby jointly and sevaally coven~M snd ay~ee y
fo and wkh the said MORTGAGEE, iq successors and assigr+s:
1. To pay atl and iirgul~r the principal and interest and the vuioos and sundry sunu of naney p+Y+We bY virtw of said promissory note, snd thb u
tl on the da res rvel tFw s+n+e iev~rally becan~ dw.
mo~rgaye, each ~nd ~very. P~~P Y Ys P~~ Y
` 2. To psy ~II and ~i~pulu tM taxes, usess~+~~s, kvies. IisbiliY~es, obligatiau s~d ena+mbr~nus of werY ^ah+n +nd k'^d ^ow sad d~+i~
property, or that hereafter rnay be imposed, suffered, placed, kvied, or auessed thereon, or thaf h~naRa may M kvied o~ ~s~essed ~+pa~ fhis Morf¢
age, or tl+e irx~btedness secured herebY, escfi and eve?y, when due a~d p+yable. ~ccwdirg ro I+w, before they becortN delkpwot, Md befw~ ~m im~rat
at+aches w any pen+lty is incurred; AND INSOfAR AS ANY THEREOf IS OF RKORD TME SAME SHALL 8E PROMPTIY SATISfIEO AND DISCHARGEO OF
RECOR~ AND iHE ORIGINAI OFfICIAI OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT 4R THE SATISfACT10N PAPER OFFICIALLY ENDORSEO
R OR CERTIf1E0) SHAII BE PIACED IN THE HANDS Of SAID MORTGACsEE WITMIN TEN ~AYS NEX1 AFTER PAYMENT; and in the event tMt a~ryr thereof is nw
pa~d, sat"sfied and discharged sa:d MORTGAGEE msy st any time psy Ihe ssme o? any p~rt thcreof without w~ivirg w affectinp any opYw~, ien, equity or
~s •~qht under w by v~rtue of this mortgage s~d the full amouM of each and every ivch payment shall be immediately due ~nd payabk ~nd sh~ll bear intNest
- eFe date ihe~eof vnr.! pa d a~ rate of nine per tentum per annum ~nd together w~th such interest shall be secured by the lien of th's mo-grage.
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