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THIS INOEtv~URQ Nbd~ ~h. 23rd d•y of NaYCh AD. 19_~. • !
_ George L,. Greaor~ anci t+~altraud Qreoorv. his• wife ~ ;
of SL~ I.LICl@ Cpy~~y Florid~. Mreinaftu dt~iqnated as fM "MORTGAGOR," and FIRST FEDERA~ SAVitJGS AND IOAN
ASSOCIATfON OF FORI PIERCE. a capora~~on orpani:ed u?d exi~~inp undM the laws of tM Un~~~d S~a~~s of Ame~ica •nd Mvi~ its pri~upal pl~cs of
buun~si i~ tM City of Fwt Pi~rc~, St. l~ci~ Cou~ty, Florid~, 6er~ir?afar dapnal~d as IM "MORfGAGEE:'
WHEREAS the MORTGAGOR is jv~11y indebtsd to IM MORTGAGEE in tF~e i~m oi ~ 7~ 5~~ ~ gaod and lewful monay ol 1he Un~ted
S~atss adwnced by thf MORTGAGEF u~ro the MORTGAGOR, ai evidNxed by ~ urtain promisa«y nol~ of even da~e herew~th, of which the followiny in
~o~ds ~nd figures is a frw copy, to-wit:
: ~,soo.UO ~ q,3-16~~13
~o.~ PK„n. Fb,~a,. March 23 ~9 71
fw value received, 1, vve a cither of us, promise to pay, withovt defa}catio~, fo tha o.der of fIRST fE~ERAI SAVINGS ANO LOAN ASSOCIAiION OF
FORT PIERCE at fwt Pieres, Fiorida, the sum of 7, 5~ ~ OQ wi~h inroratt from date at the rate of ? S:b per annum, in monthly install-
~nants as fotlows: S-- 6~ a~ on the day of -~~jL 19__~. and a like sum on thr cor~espo~dmg day of each month there-
aftcr until the whote be fully paid.
Each insu~mienl firat shal) be applird in payment of ths intereft ~nd thcn on the unpa~d ba~ance o~ ~he p•~nc~pal sum. fi deleutt it made in the
paymrM of a~y in~~al(ment when dw, and such deFavlt cmtinues 30 day~, then at the optiun of the holde~, and wi~hout any ott~e~ rht~ce, all the remaining ~
~n;?allmenta ~Aall be due and payable at axe. Privi~eye is 9iven to prepay this nots in whale w in part af any 1~me without penalty. Neilher forebeannce. #
nor Kcrptance by the holde~ fhereo( after ~~y default in any paymeof• hereon, shslt be deemcd extension. A late payment ch.arge of S--~a~ thal) be ;
rddrd lo ta:h ins~a~lment ~emai~inp unpaid 7 dayf a4tt~ ib dw dafe, and a like sum shall be added to each s~ch installrt~ent ~emaining u~paid 7 days afte~
e.+ch avcteediny payme~t date.
Each maker, surety and et~dorser hersof, joinNy and seve~a~ly, waives dema~d, prexntmeN protest and notce of p~otest for nonpayment, and (urthe~ t
agrc~s to ~ny extans~on of fime of payment, either before w a(~er maturity, withouf nohce ?o any o( us; and to pay aIl cu~ts oi collecnon, indud~ng a
~easonable attarney's fee in the event of any dclauh Fxreunder, and hereby severally weives alt benefit of homrstead and eaemp~io~ unde~ the con~tilution
a~~d taws of exh Stete oi the United Stafes, as aga~nst this obligation w any ex~ension a renewal hereof.
Witncss ~he hand and Kal of each perty.
/s/ George L. Gregory cs~Au
,
. (SEAI)
1~' ~ S~ ~~?s/ Waltraud S. GregorY
$21.25 ts~w
( ~ State R~venus "
. ~ .
~
NOW, tHEREFORE, the MORTGAGOR fp the pu~pose of s~cvrlnp p~ymem of, s~iti~sum of s 7• 5~ ,•nd tM perfwmance of 1M
covenanK ~nd agreements her~inafter expressed, and fw divers ~ood ~nd v~IWbi~.~onwderat~w?s, by these p?esents, does grant, barga~n, setl, ~emise,
release, convey ~nd co~fkm unro the MOitTGAGEE, in succeuai aod auigns, •11 fMt cert~in lot, piece or pucel of lend, tiiuate, lying, and beinp in the
County of St. L.UC1@ ~nd Stat~ of F{orid~, deacribed +s foltows:
i
I.ot 28~ Block 8, SILVER LAKE PARK ADDIYION, as per plat •
thereof recorded in Plat Book 10, page 8, public records -
.
of St. Lncie County, Florida~~
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+og~ther with all and si~gvlar tM tee+sm~nri, Mr~ditamenri and appurtances tF~erwnlo belagirg w in ~nywist app~?taini++Q therelo, and ~II r~nn, asws.
p.oceeds and profits ~ccru~ny and ro aan?e from said pr~miws, •11 of which are included in the abov~ snd faeyoiny desaiptia+ ~nd Mbendum.
TO HAVE AND TO H~JiD the abov~ desu~beb and yranted prt+naes unto the s~id MORTGAGEE, its tuccessors and assipns fa~wr. Md th~ s+fd
tisORtGwGOR io. - thell- ~;,s, sxecuton, sdminatratora and as~igra, hereby covenann with the ssid MORTGAGEE. it~ wcc~uon ~nd ~ssi~er.
rhat they aZg__ lawfully ~ei~d 6f.th~ saidrprem~sn in fe~ simpl~s tMt tM iame ~n irN, clsar u?d di~chu~ed from atl liens and N+cvm-
b+ances in law w in equity, and that the y will and the I= hein sMll warrant and dafsnd the titi* W tlw tun~ to the u3d
MC?RiGAGEE, ih wcusso~s u~d asup~u, forever p~irut tF~ lavrfvl d~ims and demands af ~II pe~wro;
P40VIafD, ALWAYS that if rht MORiGA('aOR shall p~y unro tha MORTGAGEE tFw ptomiuory not~ hareinbefa~ destribed u~d ahal{ truly, pomptly
ared fuily per~wm, dsscfiarqe. eaecute. cornpfea, comply with ~nd abid~ by e+ch a~d wtry tM stip~latio~s, ~yreemenb, conditam snd tovtnanb ot uid
p~om~uay note and of this Morty+qe, tMn this Mwtqs~e snd rh~e &t~re hsrsby aeated si?i!! u~H and be null and void.
IT IS UNDERSTOOp tFyt tM wwd "ARwtqaQw" wAetMt? h+ tir sinpvlu or plwsl anywhsre in this Mutq~yt, thall b~ sinpulw if on~ only and
sAal! b~ plur~l joimiy and wv~rally N more tMn on~, and tMt the wwd "tMN" ~s wed any~wh~r~ in this Mort9aq~ sMll be uke~ fo m~~n •,his,•• "Mn••
«"ns," wherws~ rM con~ac~ w imp!ies o~ ~dmirs. Alw, ~ia~ wherever there ~f • fi~HMC1 in the covenann a+d pr~emrnn herein con~airwd to uiy ol
rhe parties he.~to. the sa~ne ~iwll be constr~ad to en~sn u w~ll ~s th~ A~irs, tpal r~pre~ntstive~, suu~uws ~nd augm (~ithe? volvnury by act of tM
pa.fie~ or wwdvmsry by op~r~~~on o1 the I~w) of tF+s sam~ ar+d that the cov~nants ht~ein coM~ined shall bind ~nd tlw b~ns(i?s ~nd advant~pa~ kwr~
ro rhe .~sp~ctiw h~v~, {ey~t rep~Nent~rive~, waeawn ~nd au°~a of tM pa?ti~s her~to.
Md s+id Mo.~qaQws, fa thsmfelvts and tt»ir Min, Iq+l rtpr~fenta~ive~, succ~ua~ ae+d auiyru. Mrtby jointly ~nd NvN~lly cov~nW+t ~nd pr~e
+o u?d with the wid MORTGAGEE, itf wcuuon Md asuprr:
1. to pay all ~rd unpulw tFr principsl and M1NK/ ifld ti» wriow and wndry sums of nan~Y paY~bi~ by vbtw o( s~id promiswry raN. ~nd ?hi~
monype, wcl~ snd wery. pomptly on tM diy~ reapacrivel~ Ii~ a+m~ swerally !»con» dw-
2. To pry ~11 srd sirp~lr t!w u:~s. ~sNSVrar+». Nvws, liabiti~i~s, oblip~tiom Md ~ncumbr~~s of ~wry rwrw~ ~nd kind now on s~id dNCrib~d
woP~Y, a tM~ h~rsaher mar b~ impos~d, wffa~d. D~at~d. Itvld, ot ~w~sed IFw~wn, a 1!?~t h~r~~ft~r m~y b~ Iwi~f a as~Nd upon thit Mwtq~
aqs, a rM indeWdr»~ s~w~ hsr~by, ~ach Md ~very, wh~n dw ~nd psy~bl~. ~ecadi,p to I~w. 1»for~ ~My b~c«~v d~linqwr+t, ~nd t»Iw~ ~ny Inn~~s~
•nsch~s o~ u?y pen~ltr is intwred; AND INSOFAR AS ANY TMEREOi IS OF RKORQ TME SMI1E SMAII dE VRONIFTIY SATISfIED AND DISCMARGEO OF
R~CORD ANp THE ORIGINAI OfFIC1Al DOCUMENT (Sl1CM AS, FOR INSTANCE, THE TAX RECEIPi OR 111E SATlSFACTION PAYER OffICIAIIY ENDO~SEO
UR CfR1fflEDf SMAII aE PlACE~ IN iME HAHOS Of SAIp MORTGAGEE WITNlN TEN QAYS NEl(T AFiER PAYMENi; ~nd in tM ~vtnt Ih~1 ~ny th~r«?f M no1
w~d. ?N tfi~d ~nd d.uMrped a~:d N10RTGAGEE m~y ~t ~ny t~me WY Ih~ Nm~ or ~ny part ~F?er~ol withovt w~ivi~p w•f(ettirq ~ny optia+. t~, puily or
•~zM u~er a by nnv~ of ~hi~ monppe s.~d ~h~ fuil ~mount o~ ~~ch ~~d ~w~y sucb p~ynn~m sh~l: b~ immed~~t~ly dw •nd p~y~bk ~M~ ~INII ~!N 1ntNNf
+.om rFx da~~ tMr~o1 u~ti1 p~~d r~?e of n~n~ p~r cMrum p~r •rnwm and roprlMr w~~h ~vch i~t~~~~t ~h~ll secur~d by th~ INn o) th:~ mpptp~.
do~191 516
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