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HomeMy WebLinkAbout1173 ( 58 f'sr470 113852 ) THIS IN,)ENTVRE. ~ "'" l~ d.y of March, _____-,- Roy Left MetOri!,!, and J anicfl A. MeGrif'!', of St. Lueie _ COUfY.'y Florid.. ......1....."., "1IIM'ed aa lhe "MORTGAGOR:' .nd FIRST fEDERAL SAVINGS AND LOAN ~OCIATION OF fORT PIUCf. . eotpot.tion otgenb.d and ulfling undet the I.WI of the Unlled SI.t.. of Ametka and having In pllrJCJpal pllc. of bullneu In lhe City of Port I'ie<ce, SI, LIKie County. Florida, ......INn., dMlenaNd .. the "MOIHGAGH," WHfREAS the MOfHGAGO>l Ie I...."y ~ 10 the MORTOAOn !!\ the lum of $ 51150 , 00 _ ~ and J"..fvl money of lho Un".d S'"le. .dv.t><ed by lbe MORTGAGEE unto the MOtlTGAGOR. .a .vldenced by a c.rtain plom!>>O/'y nol. 01 .v.n dal. "'r...1.t., of which the following In wordo and flslur.. Ie a Iru."opy, 10-...." $ 5, 1 50.00 No 10,9h) )', Fort P'-rt.. FIorId4l. M,u".::h 1 19~ For value re<<iwcl, ,I, wa M .llher of VI, plomil<> to BlO' without defalc.lian, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE .t Fort Pierce, Florid.. lhe tum of $ 5 I 1 ~ .00 wilh Inlar..' from dala at the rlla o~ per annum, In monlhly I""all- men', ., follows, $ 44 - 25 on the -1.O..tb day of' .ApI'i 1 . 19..6...3:- and a Ii.... sum an tho cMr..ponding day of IAch monlh '''''re- .fter until .he whole be fully paid. Each lnel.llmant fint ,h.1I be applied In peymanl of lhe Inl.,..t Md th.n on ,he unpaid bel.nc. of lhe pliro.;;ipal aum, If chf.ull II m.de In the p.ymenl of .ny Inll.llmenl wh.n due, and .uch d.f.ult con'lnuel 30 d'YI, th.n .t the option of t"~ holder, .nd wilhout .ny olher nollce, .11 the rem.lning in.tallmanl. .h.1I be due .nd p.y.bl. .t once. Privilege I. glv.n 10 plef)ey thll not. In whol. M I.. parl at .ny time wllhout pen.lty. N.ither forebe.r.nce, no< .ccepl.nc. by the hold., Ih.reof aft.r .ny defa.,1t In .ny paym.nn hereon, lhell be de.n,.d ..ten.Io11, A 1.1. p.yment charge of $ ;:>,;:> 1 , .h.1I be .dded 10 ..ch lnot.llment r.m.'nlng unpaid 7 d..,.. eft., III due d.t.. and a Ii.... .v.." .h.1I be added to ea.:h .lXh In.'allmen' ramaining "npald 7 d'YI .iler Nch luccMdlng pa.,...,.nt d.t.. Eoch m.kar, .ur.ty .nd .ndon.r heteof, Iolntly and Mv.rally, w.l,," dem.nd, pi...Illm.nl plot.., .nd notic. of pro'e.' for nonp.ym.nt, .nd further .gra... to .ny ext.n.ion of time of p.yment, .Ither befora or .ftar mltvrlty; W!thoul notic. 10 .ny of UI; .nd 10 p.y .11 co." 01 collection, Including 0 re..an.bl. ~lIorneY'1 f.. In lhe .vent of .ny def.ult hereund.r, .nd heteby I.varlllly w.iv.I .11 benefit of home"nd end .xemption under lhe conllilullon .nd I.w. of each St.t. of tho Uniled St.,.., .. eg"ntl th,. obllsl.tion or .ny exlenlion << r_w.1 hereof, Wil""" lhe hend ond ..., of n<:h party, SS/ Roy Lee McGriff' Z Janice A. McGriff' (SEAl) (SEAL) (SEAL) (SeAl) ( $5 - 20 (Stamp. uncelled on <<\glnal note) NOW, THEREFORE, the MORTGAGOR fot the purpoH of IKUrlng paym.nl of wId lurn of $ ~7150 00 end the perlOtmance of the covenon!! .nd egreemenll het.lnafbr .llpl"oed, .nd fOt dlv.r. goad tnd voluable conald.ratlona, &Y theM pl.Mntl, doet grlnl, barg.i", ..11, remi.., ..I..... conv.y .nd conf'nn unto the MORTGAGEE, In IUCCea1Ot1 and ...Ignl, ell th.t carta In lot, pJeca << !>Ireel of land, .Itu,", lying, .nd being In the County of St:.. T.un 1. A , and St.t. of ~Iorld., cleocribed .. followlI Slit. Reven.... Lot 9, Blv~k 9, SOUTHERN PINES SUBDIVISION, according to the plat thereof' on file in Plat Book 9, at page 68, publio records of St. Lucie Co~~t~, Florida../ ~6 RECEIVED I /0 IN PAYMENT OF TAXES DUE ON CLASS 'C' INTANGIBLE PERSONAL PROPERTY PURSUANT TO CHAPTER 2072<1, ACTS OF 11141, ' ROG R PCI1R,','"" Clerk Circuil C:url 01 Ao~nl f:r CU TIS M, JAMr:S 51, ~~~OUnIYA Talt. COI~ 8Y~ ~ DEPUTY CURK logllhet with .11 ~nd .Inglll.r the t_menll, heredU.menn and .ppurtanc:eo thereunto belongIng Ot In anywl.. app41rt.lnlng the,.to, and .11 renll, Ieluel, ptoceeda .nd profi!1 accruing .nd to KUV. from uld pl. mI.... .11 of which .i. Included In the .bove and fOtegolng delCtlpllon and habendum, TO HAVE AND TC HOlD the .bo.... c:t.aaibed and granted plltfTlltw unto the ..Id MORTGAGEe:, it. .ucceltOfI .r.c:l ...\gnt for.ver, And the ..Id MORTG'1WA~ the 1. t' hein, exe<vton, admlnlllr.ton .nd .>>\gno, hereby cownanll wllh the ..Id MORTGAGEE. III lucc.nOt. .nd ...~nl, that . ill'S lawfully ..Iud of the wid pretTli..1 In f.. .lmplel Ihal the ..me .r. 'r.., cleu and dlKharged from all Iionl and encum- bilnC.1 In I.w Ot In equity, and thAt they will and their ...," ahell warr.nt .nd dof.nd the titl. to the ..me to the 1.ld MORTGAGEE, /II auccallOn end a"~no, for.v.r eg.lnat the lawful cl.lms .nd demandl of .11 perlOnlI PROVIDED, ALWAYS Ih.t If tM MORTGAGOR .hell pay unto the MORTGAGEE the plomloaory not. ho-relnbefM. deocrlbed and .h.1I tN:y, promptly .nd fully perfOfm, d,Kherge, execul., cample,., ~ply with and abide by ..ch .nd ~v"y the Itlpul,'lono, agr..ment., conditiona .nd cov.n.nll of ..id promlllOty note .nd of thll }Aort;ege, then thil Mortgege .nd the Eatat. hereby cr..ted ahell _ .nd be null and void. IT IS U~IOERSTOOO thet the W01d "Mortgagor" wNtMi In the .Ingular or plural lnyw...... In thlt Mortg~, ahall be Ilnguler If one only .nd .hlll be plural join.ly .nd ..v.r.lly If mOle than one, .nd thet the word "thew" .. uoed .nywher. In thla Morlgag. lhell be t.!tan 10 me.n "hll," "hero," or "it.," whorever lhe conlellt 10 Impll~. M admit.. AIIO, th.t wher.v... thar. II a r.fer.nc. In the covenanl. .nd agleemenl. herein conlal".d to .ny of the partl.. hore.o, the .ama ahell be COnltrved to mean.. w.1I .1 the "'Iro, leg. I r.pl...n:IIIv.., lucc.non .nd 'lI~n. (.ither voluntlry by .ct of tht. parti.. or involunllry by opei'l'lon of lhe I.w) of the .."'" .nd thaI th. cov.n.ntl her.ln cont.l".d lhell bind .r.d the ben.lil. .nd tdvant.g.a Inur. to ,he re'pe<tiv. hein, let.1 rapt.tentatlv.., IUCClHOta .nd aulgno of the partl.. h.r.!O- And ..Id Mortgl9Oro, fM th.!m.clv.. .md their helrl, lagal r~eHn1.tlv.., wc<<.aor. and aulgna. heraby Iolntly and ...ver.lly cov.n.nt .nd agr.. to .nd with the uld MORTGAGEE, 1ft avccellon .nd '1IIg"., , !. To pay .Ii .ndllngul.r the pllncipal .nd 'nt.r..t .nd lhe variouo .nd lunclry lumo of mOM)' pty.bl.'by virtue of aid plomlnory nol., Ind Ihll mMlg.g., aach and .very. plomplly on the d..,.. r..~lvely the .ame _rally become M. 2, To p,y .11 .nd .ingulll the tun. .....tment., l.vl.I, lI.bUitl.., ot>Ilgationa .<lC! tf'ltVmbianc.. of .ver)' MM. and ...ind now on ..Id d..c,lbed properly, << Ih.t hereaft.r mat be ImPf'wd, luH.,ed, placed, "vied, 0' alN$Md ,ther.eon, M thaI ~..ft.r m.y be I.vi~ Of ...cnad upon thll Morlg- .v., Of Ih. Indabtedn.1I lr.urK hereby, n<:h .nd Ivery. ~""n due and pay.bl., _ding to Ilw, before tlwly becOtl'.. cl&lInquent, .nd belola Iny Inlile.t .""he, or .ny pen.iti II Incurred; AND INSOfAR AS ANY THEREOF IS OF RECORD THE SAME SHALL BE PROMPTLY SATISfiED AND DISCHARGED OF RECORD AND THE O?IG1NAl OFFICIAL DOCUMENT (SUCH AS, FOR I NSTAN<':E. THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED OR CERTIFIED) SHALL BE PlACCD IN THE HAND~ OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER 'AYMEN11 and In lhe evp"t lhal .ny Ihereol II nol p.;d, ..nlicd dnd d,ochlrged uid MORTGAGEE mey .t .ny time pay the ume or any plrt IIlet,of wl!houl w.lvlng or affecting Iny option, Il.n, equity 0< riJht u"der or by virlue d Ihil mong.g" Jnd lho full 6""o-Jn' 01 each .nd eVJ'ry IUch peyment .hell be imme-Ji'lely dvl .nd payable .nd .hall bear Interell Irom .h. d.,. '''ereol unlil pa;d .1 n!a of nine per cenlum per 'Mum .nd lO\)lrlher w:,h luch Inler..t .hal: be .ecured by the lI.r, 01 thi. mo<\lIIO..