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HomeMy WebLinkAbout1424 TO HAVE AND TO HOID the said property, with said build~ngs, improvements, fixtures, appurten- ances, apparatus and equipmenL and with all the rights and p?ivileges thereunto belongi~g unto said mort- gagee fo~ever, for the uses herein set forth, free irom all rights and benefits under the homestead, exemp- tion and valuation laws of any state, which said rights and benef~ts said Mortgagor does hereby release and waive. TO SECURE (1) the payment of a note executed by the Mortgagor to the order of the Mortgagee bearing even date herewith in the principal sum of $ev~n~.X-f~y~_ TItQ~~~nd_~nd nQ~140-----------------~~~a~s ~s J~~000,00. _ , which note, together with interest thereon as therein provided, is payable in monthly installments of ~Ix_yuo~'~d ZhirSX_n.[ne_ao~_$1_LQQ____-__ _____~ollan _635.08_ - ~mmencing the__ lOth day of ---February--------------, 19_ ~2_, ~ which payments are to be applied, first, to interest, and the balance to principal, until said indebtedness is paid in full. (2) any advances made by the Mortgagee to the Mortgagor, or his successor in title, for any purpose, at any time before the release and cancellation of this mortgage, but at no time shall this mortgege secure advances on account of said original note together with such additional advances in a sum in excess of Seve~2y-f_~~~ _Iti9~nd_and_na/_LQQ='-=== __====~pollars ~b 75~000.00 provided that nothing herein contained shall be considered as limiting the ~ amounts that shall be secured hereby when advanced to protect the security or in accordance with coven- ants contained in the Mortgage. ; (3) all of the covenants and obligations of the Mortgagor to the Mortgagee, as contained in a supple- ~ mental agreement dated, executed and delivered concurrently herewith and reference is hereby made to at said note and supplemental agreement for the full terms and conditions thereof, and the same are hereby ~ incorporated herein as fully as if written out verbatim herein, and recorded pursuant to 695.02, Florida ; Statutes, in Officia) Record Book 38 pages ~_~_5- ~ of the public records of _St . Luc i e CountyFlorida. ~ In this instrument the singular shall indude the plural and the masculine shall include the feminine and neuter. All rights and obligations under this mortgage shall extend to and be binding upon ihe respettive _ heirs, execulors, administrators, successors and assigns of the Mortgagor and Mottgagee. .4 IN WITNESS WHEREOF, we have hereunto set our hands and seals, this ~_th day of . October - - - - - - , A. D. 19 71--- ~ S~gned, sealeci and delivered J = in the presence of: ~ , ; ~ _ - `s , . . - ~ ' • _ ~ • . - - ~ - - ~ - ~r_~_?_-~~ -1--~'~1`==----- (SEAI) ' - , • ames F. Grimes _ ~ . L2._- t - - - - - - -~1-~? = y- ' - . - + - - - - _ (SEAL) ; ,i ~ - Z , ; " - - - - - - - - - - - (SEAL) _ Kay C. GFimes - - - - - - - - - (SEAL) (W I TN ESSES) (MORTGAGOR) = STATE OF FLORIDA ~ COUNTY OF S t. Lu ~ e , ; James F. Grimes and Ka C Grimes his wife Before me personally appeared . . - - -Y-- .'j to me well _ kno.vn and known to be the indiv~duai 5 descr~bed in and who executed the foregoing instrumenf, and acknowledged before me that _ they executed same for the purposea there;n expressed. . WITNESS my hand and official seal this _ 1~~l day ot __Q~tQber_____ _ ~q?I__. i • ~ ; , s ~ - - = ~ --L-----~_~=~------- Notary Public in and for the County and Stats Aforesaid. =t V:g~ My comm~ssion expiFLii~.~Y P~x• State of flor ~Ay Co~nnrsuon Exp:res Sept. 16. 1415 ''3 RETURN TO: . y~„~ ~Y ~R„K,~ f~n ~ Cnw'r Co~ ' CifiaM• f~nl S~vlno~ ~nd L~en Assx~{p~on ef S~. luN• Counry . !!h0 S. fd«.1 Mlyhwq, F A l1~~~0 ~34 F ~~EO ~pUNt`t F~a'• - S~• PO~~ER t01tllAi ~ ~ = C~Ea~ ~iitCWt 44~~ . i - Q +Eil~f?ED ~ ~ ~ = ~ aE~o~ ~ ~ ~ 3 10 2 S~ ~ = pc~ i 21'74'~9 ~ g~~K1y6 PAGE14~4 '