HomeMy WebLinkAbout1642 THIS INDENTURE, AA+d~ ?n. 4th d. ,f FebruarY A.D. 19 72 . b.n~.«?
~te~vin E. Graham and Caro~yn J. Graham, his Nife _
of St . Lucie , ~p~nty Florida, I1Nt1MfiM designared ~..the~"MQRiGAC~Oq," +nd fIRST FE~ERAL SAVINGS AND IOAN
ASSOCUTION OF fORT PIERCE. a corpaation orp~nized u+d ~xistinp ~ndM tM law~d tM Unit~d St~t~s of Am~riu and Mvinp i» principal plac~ of
bu~in~ss in tM City of Fwt Pi~rc~, St. luci~ County. flaida, hKtlnahH daqnat~d u tM "MORiGAGEE."
WHEREAS tM MORTGAGOR is justly indebt~d ro tM MORTGAGEE in tM sum of i 22 + 5~ 9ood a^d ~~Wfvl money oi the Un~ted
S~a~a adva~xed by the MORTGAGEE unto rh~ MORTGAGOR, ai evidenced by a certain promissory not~ of even date her~w~tF~, of wh~ch ih~ followinp in
worda and fi~ure~ is a trw copy, to-wit:
:~+~0~~ 4-17,935
Fort Pierc~, Fto.~d., February 4, ~-~T~
Fw value rcceived, 1, we or eithe? of us, promise to pay, witho~t defalcation, to the order of FIRST fEUERAI SAVIPiGS AND IOAN ASSOCIATION Of
FORT PIERCE at Fort Pierce, Flaida, tM sum of i 22as~•~ with interest irom date at the rate of 7•796 p~r annwn, in monthly ina~a~M
~rents u follows: 5~85•O0 on ~M lSt d~y of April ~q 72 ~ lika sum on the cwrespondie?p day of each month therr
afte~ until the whole be fully paid.
Each installment first shall be applied in paYmcnt of the interest and then on the unpaid balsnce of the princ~pal sum. (f d wIt is madt in tFw
payment of any inst~tlment when due, a~d such default continues 30 dap, ther? at the opti~n of the holdcr. +nd w~thout a~y other ratics, all the remaining
~nualtmenb shall be dw and payabte at once. Privikye is yiven ro prepaY tha note in whol~ or in part ~t any time without penslty. NeitFx? forebearance.
nor ~ccepunc~ by the holder thereof after any default i~ any payments hereon, shsll be deemed extension. A late payment charg~ of sh~~~ bt
added to each irotaliment remaini~g unpa~d 7 d~ys aft~r its dw dale, ~nd a like sum sha11 be added to each such installment rsmai~inp u~paid 7 days ~her
each sutt~edirg paYrtwm date.
Each maka, surety and endorser hereof, jointly and severalty, waives demand, prctentmcN protest snd notice of protest fot nonpaymenL snd further
agrees to any extension of time of paymcnt, eithe? before or afler maturity, without not~ce to any of us; and to pay all rnstt of collMion, indud~r+p a
reasonabk a~twney i fee in the event of sny default hereundm, and hereby severally waives all benefit of homestead and exemption u~der 1M constitutan
and laws of each State of tM United States, as sga~nst this obligation o~ any extension a ~enewal hereof.
Witness the hand and seal of each pa~ty.
sfMelvin E. Graham ~
tSE/?U
s arolyn J. Graham ~
. cs~W
, $33 .7 5 ~ St~t~ Revenus -
NOW, THEREFORE, the MORTGAGOR fo? the purpo~e of securiny p~yment of uid wm of =22 ~ S~' ~ and th~ perform~nce of tM
coven~nb and agr~emenq hertinaiter e:preued, and fa divers Qood and wlwble considerations, by tfies~ presenn, does 9rant, bar~ain, ~ell, rcm~se,
release, tonwy u~d confirm unto tM MORTGAGEE, itt wcceuon and +uiyns, dl tMt te~t~in bt, pieu or puul of land, titwM, (yirg, ~nd beinp in tM
County of St . Luc ie ~ Stat~ of fbrid~, desuib~d ~s follaws:
Lot 3 and the l~test 1/2 of Lot 4, Block 54 of Unit One San Lucie Plaza, a subdivision
according to the Plat thereof recorded in Plat Book 5, at page 57, of the Public
Records of St. Lucie County, Floricla~-
~cFnEn v o M~nrQrr oF t~uces
OUE 0!f CIASS C' IMiAi'16lBLE PERSONAL PROPERiY,
I PtIRStNMT TO GMrTEt 71•134, ~TS OF 197L
~ i~f E~ tOliRl~ A~ ChaW Co~, St. trq~ Co~ f1~
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~ rogether with all and singular tM tenem~nta, heredit+msnri and +ppurt~nces thereu~+fo b~lagi^p or i^ a^Y~"~~ ~PP~tainirq tFwreto, u~d al) rsnts, hur~s,
~ p~oceeds ~nd prof~a accruirq ~nd to scuw from said p~emis~s. ~II of whid~ us ir~cluded in tM ~bow and forpoinp d~scriptio~ a~d habMdurn-
~ TO HAVE AND TO HOW tM abow d~sc?ib~d ~nd yranted pemises unto th~ s+id NIORTGAGEE, its wa~sson +nd auipm forwM. /1++d ~!r s+i~
their
h10RTGAGOR fw h~in, exacutors, sdministr~tws and ~uigro, hat~by cowi+an» with the said MORTGAGEE, ib svaessors ~nd ~sNpM.
~ rhat thev ~Ze _ lawfuliy u~ed of tM ~a~d prem+s~s in fs~ simple: that the sarM sn fr~e, cbar and d'achar~ad fran all li~++s and eocun?
~ brances in I~w or in equity, u+d that they will ~d their h~in aMll warr~nt ud d~ftnd tM titb b tM su~+~ to tM s+id
MORTGAGEE, its wccesso?s and ~ssiyro, for~wr ayairot the lawfi,l cbaro and d~mands of +II persau:
- PROVI~ED. AlWAYS tMt if ttw MORTGAGOR sFWll p~y w+ro the MORTGA6EE th~ promistwy noh hereinbefw~ dycrib~d and stwll truly, promptly
x~ a~d fully perform. dixha~ye. ~xetute, tanpl~tt, tanplY with ~nd abide by each and every tM stipulatiau, p~eMr»nb, tonditia~s and oov~nb o~ s+~d
= prom~swry nott and oi this Mort9aye, tMn this Mwt9ay~ ~nd tht Estate h~r~by v~+t~d ~MII osase and b~ ~ull and void.
;;z IT IS UN~ERSTp00 th~t tFw word "1Nortya~w" wh~ther in tFw sinpulu a plwal anywMn in this Mwt~ssp~, shall b~ sinpul~r if on~ only ~nd
shall b~ plunl 'pinHy and ~er~r~lly if more than on~. u~d tMt the word "th~ir" as vwd anywh~n in thb Mwtp+p~ ah+ll b~ t~k~n w me~n •'his.•• "Mn.••
o~ "its:' wherever the conroxt w implie~ or ~dmin. Also, that wFw~w~r tha~ a• nfae~ct in the cow~ants and +p~a«nenh }Mr~in ca?t~i+»d b any of ~
rhe partiss hersto, tM s+rn~ sh+ll b~ construed to en~an u well u th~ Min. I~yal npresent~tives, waesson ~nd aaipn (~itFwr volunqry by ac1 of tM ~
pania or invdumary by op~ration of the taw) of tM sartr and tMt ~he cov.nann herein com•ined sh+ll bind aod rhe b.o.fin .nd advanr~p~s inw~
f~ ro tM ?ppectiw h~'vs. Ipal rep~essntativ~s, wccsssors ~nd ass'yro of tFw parti~s Mreto.
And said Mort9syon, for them~elv~s and tMi~ Min, ky~l representatiws, i?xuuws ~nd assi~ns. Mrtby jointly ~nd Nverally cov~n~nt and apns
~a eo s~d wirh tM said MORTGAGEE, in weeessors +nd aagro:
~'s. 1. To p+y dl and sinpvtar tM p~indpaf and int~rest ~nd tM varavs ~nd svndry wms of morwy paYaW~ by virtw of ~aid promiuory rab. ~nd tha
~zs ,;~wty~. ~ach and way, p~omptly on tM days resp~ctiwly the iam~ Nwullr bccan~ dus.
_ 2. To p~y all and Nf10VIM the qx~s. ~ueum~nn. I~vies. liabilii~es. oblip~tans and ~ncvmbrsncea of ~vNY ~+tw~ Md kind now a+ ~+id dNCrik»d
P~op~tY, or tMt !»r~aftK may b~ impw~d. suffer~d, plac~d. I~v'~ed, a uws~ed therwe, w tlwt hereaftK may b~ Iwi~d or au~ssed vpoe this Mwg~
+y+, a tM G+d~bt~dn~u s~a,red hereby. esch ~nd ~wry, whe~ dw and pavabl~. ~ccordinp w law, befa~ they becan~ ddi~quent, and b~fon any fota~
attathes or any penalty is inturred; AN~ INSOFAR AS ANY iHEREOF IS Of RKOR~ THE SAME SNAII SE PROMPTIY SATISFIEO AN~ DISCHARGED ~i
f°? RECORD AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH A5, fOR INSTANCE, THf 1AX RKEIPT OR THE SATISFACTtON P/1PER OFFICUItY ENOORSE~
OR CERTIFlE~) SNAII SE PIACED IN THE NANDS OF SAID MORTGAGEE W~THIN 1EN DAYS NEXT AFTER PAYMENT; aod ie~ tF~e ~vent tFWt any t!?KeOf i~ not _
~ p~id. saYsfied ~nd diuharged sa:d MORTGAGEE m~y a~ any time paY the same a any part thereoi without w~ivinp a sffectirg any option, li~n, puity w
•~aht unde~ w by virtue of th~s morega9e snd the (ull amovnt of exh and ~very such payment shall be immediat~ly dut ~nd payab~s and ihall bear i~IfMM1
~~om tFK dat~ ther~of vntil paid at rate of n~ne per ceMUm per ~nnum and royether w~th ~uch interei( ~Il~~tyred bY J~ 7~f th:s ma~t~yt.
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