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HomeMy WebLinkAbout0505 . _ _ . . 4 :30'~'.`~~'~ ` 28th A X~~. A.D. 19~_. ~CCiween ~ iHIS 1NDfN1URE, M,ade the_ _ day of ~ . } r Patz3ck D. McDon~ld and Viryinia l, M~Uonald~ h34 w~~ ` ~ uf St• L11C~Q , County Florida, hetetnafter defignited ,as 1he "M~RTGAGOR," and iIRST FED~RAL SAVINGS AND IOAN ~ P.SSOCIATION OF FvRT PIERCE, a co~por~lio~ organl:ed and existing under the Inwi of the Uni!ed Statos c+f AmErice and harfng itt princSpal place of , butineti in the City of fort Piarca, St. Lucie Covnry, Florida, herelnaher dosi9neted a3 the "MORTGAGE@:' - r WMcREAS ihe MORTGAGOR it jucity indabted to the MORTGAGEE in the sum oi S25s~U~ OQ , good and lawful ~noney of ihs l~nited ~ Stete~ advented by the MORTGAGEE unto the MORTGAGOR, aa evidenced by a cartain promiseory nota of even Jatp herewith, of wiuch the to:;awing in ~ wor~ii and fI ures ts a?rve copy, t~-wit: - i 25~0(~~00 - No~~~€~:;~ 3db , ~ fort Flerta, Flor~de, _ APYil' 28 -~s 75 ~ for va!ue received, I, we or eithe~ e~ us, pr m se o ay, ithou! drrialcation, to t:~e order of fIRST FEDERAI S.4VINGS AND IOAN ASSOCIA;OON OP FORT PIERCE at Forf Pierce, Fiorida, the sum of S~~ ~ - with interest from date at the rata ef 9e "3o per annum, in monthly install- ~ ments as follows: S 225'~-~ on the 2~h day of !Jb~~ , 191~ and a like sum on the corrtsponding doy of each month the~e- ; after oNil the v:hole be fuily paid. ~ Each insiallment first shall be applied in paymenl oi tho iNerost and then on tha unpaid balence of the prinupal wm. !f ~afault is made ~n the ~ payment of +~r,y ?nslalimenf whon d~a, and wch defauif taNinue~ 30 dayt, fhe~ at the option of the holder, and without any other notice, all the remaini~g - , im~allment: thali ba duc aod payable at oo~e. Privitege ta given to prepay this nota in ~vhole or in part et eny t~me without penalty. Neither fwa~earance, ~ 1~. ~?S = ror etceptance Sy the hoider t6ereof after a~y default in any payment~ hereun, thail be deamed eYtenaion. A lata pay~renl charge of S~ - shali be ; edded to each in~taliment remair,ing vnpaid 7 days affer it• due dato, and a likE svm sha~l be added to each such in~taliment rema~ning ~~paid 7 days a{!er ~ each succeeding payment dete. , ' _ ~ f .Each maksr, svrery and endorsen c~reof, joint}y and severally, wair•-s demand, preeentment p:otcst and nat~ce of pratest for nonpay~nent, and funher ~ ' agreei to any ex'ension pf time of payment, either betore or after maturity, without ~otice to any af us; and to pay all co:rs of collection, incl~d:ng a ! reasonabl~ attorney's fee in :ha event of any defaull hereunder, and heteby s~veroliy wnivei all ben~fit of homeslzad and exemption under ihe conslitution aix; ',aws of each State of ihe United States, as against this obligatlon er any exte~sion er r ewal her~of. Witnes~ 1he hand and teal of etch party. ~ ~ t' ~ . r i D. ~ c Cl ($EAL) _ - . . ~ ' ~ ~ - ~ (SEAI) ' s/Vir ~nia . I . Mc ald - ~sEau " . ' y;~• ~ t,~ ~ $37~ ~0 - ~te Ravsnoe . • . • - (9~nPr'c~nrdle~wrer~i~ai~te) 25 000~00 . NOW, tHEREF~RE, the MORTGAGOR for the purpose of ~ectirtng paymcnt of eaid s~m oF S ~ end the parformante of the • tovenant: and agreements hereinaftec expressed, and ior di~en yood end valueble consid~retions, by the3e presents, does granf, bar9ain, sell, remise, releasa, convey and confirm unto the MORTGAGEE, its tucceisors and eittgn~, ail that certein lot, piecs or parce! of land, situats, lying, and being in the E County of St• LLlC1~ _ , and S±ats of Florida, deurit~ed followt: ~ 1 ~ - - _ . . _ ' . - _ . l i - LotS I and 2, Block 13~ SLMRISB BSTATES, accord3ng to the plat thereof on file , ~ in Plat Book 8~-Page 75~ Public R¢cords of St. Lucie County~ Florida~ G _ . ~ ~ a~/~'- 70 3-0 l 5~0 - o 00 ~ ~ . ; . - - _ - ' - ~T~TE ° ~ t„ c3 L. Q t-~ i D!-~ ~ - _ o~ ~,'4~Ufr1ENTAKY..~ ;SiA1~1iF rnz: ~ DEt i. Gr REYEi`~L'r a S$ - . z~ _ r`" _ ~ _ f"d LK'~-C ~ ~t ~ ~ ~ ~ _ f `f»{~ ~ . . . - : ~ +t3:. -_s~F _ _ _ - - - - - : ~ FECEtVED G~. (~(j . - . - . - . : . . . ~S~ 3Jfi C tH PAY~ElVT OF TAKES ~ . . . . . _ . . . Lf+SS 'C INTAtt~IELE FERSOi1.4L PROPERiY~ - - • - - . °~+?~.~1T TO CHAP7ER 71•134, ACfS OF 1911. ~ - . ROGER PORRAB '~'IZ~ - _ . - CiERK CfP.CU17 COURT, S?. kJCIE C0, TI~}~ ~ ~ ~ - - - - 's . ~ ~ together with all snd ~ingular the tenement~, heredit~ments and appu ~ inces thete~nto bato~ing or i~ anywise appertatntng thereto, and all rents, is~ve:, _ : proceeds and profitt acuuinq and to accrus from •sid premiset, all of which are included in the above and fweyoinQ disuiption •nd hsbendvm. - ~ TO HAVE AND TO H04D the above deiuibed end granted premiie: unto the taid M40RTGACaEE, it~ svccei~ora and suifl~i forevsr. And tM wid MORTfiAc'~ R for heiri, executori, adminittroroi• and aitTgm, hereby tovanants with the :eid MQRTGAGEE, its tucceaori and aui9m, the are '-j ~hat -Y----- iawfully ~eised of the said premises in fee si.~npla; that the isme ars fr~, clesr +nd -diuharyed from ~11 Ifer~s and srtcvm- j brince: in law or in equiry, and that ~t1~S? ~ will and ~Q ~ - heirt iMll wsrtaM ond dafend the litls ro the tam~ to th~ said N.ORTGAGEE, Ets successort snd as~iyns,: forevar a~alnst t!~a lawful claims and demand~ of all penonat - 'i PROVIDED, ALWAYS that ii sha MORTGe.~'iOR ihall psy uM~ the MORTGAGEE the prariuory ncte hereinbiifore deiuibed and ~hall tru!y, promptly : and fu~ty per~orm, d~sc~+arge, execute, complet~, comply wi!h and abide 6y each snd every the stipulation~, ayreementf, conditioni snd mvenants of said dd promissory r»te. and of thi: Mortgaye, then this Mortgage and the Esf~fe heraby ua~ted ~hsll cease and ba nutl and void. ~~i - IT !S U~IDERSTOOD that the word "/.iortqagor" whether in th~ sir~ular or plvral anywhen in tbti MutyaQa, shatl be tiryular ;f or.e only and _ shall be plurol ~ointly and wverally if more than one, and tfiat She word "their" as ussd anywt`ere In this Morrq+ga shali ba taken ro mean "hi~;' "hers," or "Ri;' wfierovsr the contaxt w implin or admit~. Alw, that wherever lhere'~ a refere~a in the cevenants ~nd syreerrKntt herein contained to any of th• partTet hereto, fhe same thall be comtrued to mean as well sa th~ hairs, Ifgal ffplH~t11i11VN~ tvcc~saon snd assiyns (eEthaf volunt~ry hy ~ct o~ ti+~ Ra?iioa or !nvolun»ry by opera~an of the i:w) of the same and tfiat the covsnanta Ferein contatned ~hall bind and the banefita and ~dv~nfaya inw~ to the rsspetti+e he'n, I~yil representativss, wcceiiori and au~ym af tM ~arties hsreto. ~ ~ Md s~id MortgaQon, for themtelves snd their hsir~, -:e9al r~preientativet, tutceswr~ and auiyns, hsreby iointly and iaverally coven~nt s»d a9ree _ ro and nrith the taid MORTGAGEE, its sutcawn and-atsipni: ~ - ~ - _ 1. To pay ~!1 end tir?pul~r thr principal and !nterost and the. varioua and svndry sums of money payable by virtue oi s~id promisi~ry note, and thi~ mortya9e, ench .and every, promptly on tM dsys respectivety the sime severelly become d~s. 4. To pay ~1! ~~d •inyvlar th~ t~xes, as~~s~ren7f, I~vTei, Itabilities, obligations and ~ncumbrance~ of ar•sry nature and 4ind now on t+id describ~d ~roperty, or tha! tnreafter ?nay b~ impoted, ~uffer~d, pltttd, levi~d, of _as~ested ther~an, a that 9xnaftsr may bt levisd or useued upon thit 11Aortg- age, or fM indrb~ed~i~ sec~red h.raby, e~ch and ~very, when due ~nd paysbl~, ~ccadiny t~ Isw, beforo they b€come delinquee~, and befon ~ny tnttral f aflaches ar any penalty ii irtcvrred; AND INSOfAR AS ANY THEREOf IS Of RECORD tHE SA/hE SHP.II 8f PROMPTLY SATISFIEp AN~ DISCHARGED OF ~ RECORD AND. THE ORIGINAL OffICIP.I CQCUM[Ni (SUCH k5, FOR INSTANtE, 'T~iE SAX RECEIPT OR THE SATISfAGT10N PAPER OfFICIAIIY ENDORSfO OR CERTIFIED) SHAII BE PLAtED li+! TH'c HANDS c?F SA~D hIIORTGAGEE WlTHlF! TEN UAYS t~fEXT AFTfR FA'fMENT; and in tlx evenl that any ther~of i~ rtot ; t paid, set:tfi~d and discherged :e'd 1J~ORTGAGEE msy at any time pay the ~ar.x or any part thereof witnovt waiving or affectinfl •ny option, lien, equity or ~ ~ .tqht vnder w by virtua o.' thli nortgage and the full amoont of each and every i~ch payment chal! Ee i„~mediately due snd paysble and sMt1 b~ar interest . ~ From the dete thersof vntil paid at ~ate oT nine per centum per snnum a~d toyNher wlth ~uch ioterast ihall be secure~ by the lien ef fh:s nwtytsge. ,