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Home My WebLink About2527 . ~3~~~ 4 ~ ~ , THIS INQENTURE, MaJ~ th~ 8th day of August A.D. 1975 bettiw~n _ CISLde McClellan a cin~lp aci»1 t . . of St - (.u~=~e Counfy f~orlda. hueinattq dtiignued +s Ih~ "MORTGAGOR," and FIRST FE~ERAL SAVINGt APiO IOAN ASSOCIATION OF fORT PIER: E, a cwpora~ion apani:ed ~nd ~x~uirq undsr the I+ws of ths United Stat~s of Am~~iu ae+d h~ri„q ia princ~w~ P~~a of buiiness M tM City of Fat Pierce, 5~. lucie County, Florid+, Aeroir~fter desqnated ai tM "MORTGAGEE." ~ WHEREAS ths MORTGAGOR is jwtly i~+debted to the MORTGAGEE in the sum of : 15 s~0 yood and lawful mor»y of tM Un~t~d Srates advanced by the MORTGAGEE un~o the MORTGAGOR +s evidencrd by a cer~ain promissory note of even date herewitly of wh~ch Ihe ldlowi?q in . words aod f' vroa is a true cupy, to-wit: ~ = 15,0~0.00 ~ 11000342 Fort Pierce, flaida, Au9uSt 8 1975 Fa value received, I, we or either of us, prom~ o n defatcarion, to the order of fIRST FEDERAL SAVINGr~S~ANO IOAN ASSOCIATION Of ~OR1 PIEkCE at Forf Pierce, Flor~da, ~hr s~m of i--~~ with ~nterest from date at Ihe ?afe of8' 7'7G pe~ a~uwm, in monthly install- ~~~rNS as (ol!ows: j 124. ~ on thr ~th day of November ~9_~_ and a like sum oa tha correspor?diop day of each month there- atter umil the whole bs fully paed. - Each in:tatlment first shall be appl;ed in payment of the interest and then on the unpaid balance oI 1hs principal ~um. If default is made in ths ~ ayment of any installment when due, and such default consinues 30 days, then st the op~ion of ihe hotder, and without ~oy othet notice, aU the rertainirp i~istallmenri shail be dw and payabie at once. Privilege is g~ven to prepaY this note in wrF?ole or in part ~t ae~y time without penslty. Neithsr faebearance, ; ~,or atteptance by the Fatder ~hereof after any defautt in any payments hereon, shalt be deemed extension. A late payment tMrge of i 6•~ shall bs 1 adJed to each installment remainirg unpa~d 7 days ~fter its due date, and e like sum shall be sclded to esch such installment remsining unpaid 7 dey~ sher - ' each sucteeding payment date. Each maker, surety and endorser hereof, joi~tly and severolly, weives demand, p?esentme~t protest and rrotice of protest fw nonpaymenf. +nd furthK ~ a3rees to any extens~on of time of payment, either before or after malurity, without not~ce to any of us; and to pay all cost~ of tollection, intludi~g ~ ~~~~senable atrorney's.fee in thc eveot of any defaull hereunder, snd hereby severally waives all benefit of homestead and extmption uoder fhe conttitut'an 3:~d faws of each S~ate of fhe United States, as against this o6ligation a any eztension or renew+l hereof. Witneu rhe hand and seal of each party. - t- ~ • • ~ • ~ - • S/ Claude McClellana ~q ~ a sinQl~ adult ~y . - (s~/?U $22.50 ~ . _ ~ sra?~ R~~~~,x _ JdL1~DWClOJQ]I0~lCOd?~fbC)~dX 15 • ~0 NOVV, THEREfORE, the MORTGAGQR iw the purpox of secvrirg payment of :aid aum of S ~ , a~d the performance of fh~ covenanrs s~d sgreements hereinafter expressed, and for d"+vers good and valuabte considerations, by thess preients, does grsnt, baryain, ull, remise, re:ease, convey and confirm ~nto the MORTGAGEE, its svccessors and assigns, all that ceruin lot, p'~ete w partel of (snd, tituste, lying, and beirg in th~ Co:,nty of $t . Lueie and State of Fb"rida, desvibed ~a followt: ~ t'. Lots 11 and 12, Block 20, INDIAN RIVER fiSTATES, UNIT ~6, as per Plat thereof on file in Plat Book 10, Page 57, according to the public records of St. Lucie County, Florida. ~S~C'~- (od?• 0~(0 ~l-t~OC~ By agreement of Mortgagor and Mortgagee on file with the Mortgagee, the within mortgage secures not only an existing indebtedness, but also ADVANCES to be HBREAFTER made by Mortgagor to Mortgagee, the aggregate of which will equal the principal amount specified ~ in the promissory note secured hereby. ~ i , . f i ' Ii -~~1!~ ~ t c;TATE 4'iF Sj1~l.i~ . j " OOCI~MENjARY~~~~Y i p[Pi. GF REYEl~UE . q ' , OC) ~ _ ..~j~~~~~ ~ q L. ~ ~ I ~ ~ 1N PATMENT (~f ? L ClASi'C INTMIGIBLE ~L ~ ~ :+v~tljS~i:.~~. 3r~ .a PfRSONAI PFN?€A1Y, t' -r e9. ~ ~ ~ P1IRSUM[i TO GIAPTER 71•131„ AC'tS 0~ lY/~ n. ^~;j~2 ~`:~Y'° ~ o r . ROfifA POtiRAS ~ . CiERK C1RdlR COUR'i, ST. ?t1C1E 00.~ Fl/1, ~ !cge+her w~th alt and singular the tercemcnts, hered~tsmenri snd appuru~ccs thereunto belonging o? in ~nywise sppertaininy therelo, and all rent~, issues, ~ c~oceeds and prof~ts accrui~g and to ~ccrue from said prcmises, a41 of which'are included in the sbovt and fore~ang descriptan and habendum. TO HAVE A JO HOID the above desuibed and grsnted prem+ses unto the said MORTGAGEE, i1s s~cceuon and assiyns foreve?. Md th~ s~W ~ +,+.ORTGAGOR {or ~ls heirs, executws, adm~nistrators and assigns, hereby covenanri with the ssid MURTGAGEE, its wouasors and ~ssipm, ~ 1~~~ _ h@ _1S _ ~av~rfully se~zed of the wid prem~~s in fee si+nple; th~t the s~me are fre~, cles~ and d'acha~pad from all liens and ~ncvm- brances in law a in equity, end that he w;ll and h1S hein shsll wurant and defend t!N title to the ssme to tFK s~id ~ ~ hlORiGAGEE, its successors and auigns, fwever against the lawfu! cfaims and demands of ~II persons; ; PROVIDED, ALWAYS thst if the MORTGAGOR shall pay unto the MORTGAGEE the promisw?y note hereirtbefwe destribed and sMll truly, promptly ~ and fully perform, d:uharge, execute, compkte, comply witl~ and abide by each and eve?y the stipulations, apreemenri, conditiora ~~d toven~nb of wid ' ~~om~sswy note snd of this Mortgage, then this Mortgage and the Estate hereby aeated shalt casse snd be nvll and void. ~ rss ~ IT IS UlJDERSTOOD that the wud "Mortgagor" whetlxr in the singular w plwal anywhere in this Mortgspe, shall b~ sinpular if ont only and ~ shaSl be plural jointly and severally if more than one, and that tF~e wad "their" ~s uied anywhere in this Mwtyaye shall be taken to mesn "hia;' "hen," x~ ~ cr "in;' wherever the context so implies o~ admits. Also, that wi~e~ever there is s refereoce in the covenaori ~nd syreernenb hsrein tontiu~ed fo aml Of ~ ~ the parties hereto, the same shall be co~strued to mean as well ~s the heirs, legsl representativd, succesiors and sssiyr?s (either volunqry by act of fhe parrfei or involuntary by ope?ation of the law) of the same and that the covenants Irorei~ co~tained shali bind and the btnefi» and ~dvanta~s inwt ~ ~ ro the respettive heirs, legel represeniatires, tuccessors and sss'gns of the parties hereto. ~ And said Mortgsgors, for themselves and their heirs, legal rep?eseMativq, s+uteuws and auig~s, hereby jointly and t~ver~lly coven~nt snd prK ' to and wifh the said MORTGAGEE, its successas and sss;g~r. ~ ~ ~ 1. To psy •II and singular the principal and interest ~nd the vsrious and sundry wms of money payabl~ by virtus of said promiswry not~, and thb ~ ~ ,r~ortgage, esch and every, promptly on the days rapettively the same severally become d~e. Y. To pay_ all and singulu the taxes, esussments, levies. Gabilities, obligstiau snd ennrmbances of every nahrr~ snd kind now on said describ~d property, o~ that heresfter may be ~mposed, suffered, plsced, Icvied, w sssessed thercon, w 1Mt hereaft~r may be levied a~asessed upon tNt Mon¢ age. a the indebtednesa iecured he~eby, each ~nd evr?y, when d~e and payable, xcordiny. to I~w, befa~ they beoorne delinquent, and befon amr Int~rtst arraches or ary penalty is incurred; AND INSOfAR AS ANY TMEREOF IS OF RKORD iHE SAJNE SHAIL dE PROMPTIY SATISf1ED AND DISCHARGED OF RECORD AND THE ORIGItJAL OFfIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED OR CERTIfIED) SMALL BE PIACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that e~p thereof it no1 ~ pa~d, sat'sficd and discharged sa:d MORTGAGEE may a1 any time psy the same a any part the?eof without wsiving or affectiny sny option, lien, equiry or •~qhr u~de• o. by ~~rrue of th~s morrgsge and the full amount of each a~d every such payment shall be im~nediately dve and payable snd shsll bear interest ~.c-- ~r~ di~e t^.^•~~F ~.,~~:i ca d a~ rate of nlne per centum per annum and together w~th tvch inferest fhall be secured by the fien of th's me.g}age. - .'~~s+. ~ -a - . _ ~ ~~~A . o- , y: ~ ~ - " . . . . _.c.. _ ~ . . _ .