HomeMy WebLinkAbout0235 TNIS INDENTURE. Nl~d~ the 5th dsy of `~~e • A.D. 19_72~ betwsa+
Roy Lec3 McGY3t{and Janice A. McGr ff, his wife
of St• ~iC @ ~p~~fy F~a;da, Mreinaite~ deiignat~d ~M "MORTGAGOR:' and FIRST fEOERAI SAVINGS AND IOAN
AS$QCIATION OF FORT PIER~E. + torporation ay~nizet! +~d txi~linp undM IM law~ of 1Fw United 51~t~s of Amait~ ~nd havitg iq principal ptac~ of
busin~i~ in U+~ City of Fort Piuce. St. lvcie Covnty. Hwida, hersinaft~~ d~s+ynatsd a~ ?M "MORTC:a~EE••
WHEREAS fM MORTGAGOR is jvuly ind~bted to ths MORTGAGEE in ths s~m of i~-~'4~•~ good a~d lawful money of the U~~tcd
Sta~es advanced by ths MORTGAGEE unto the_MORTGAGOR, +s evide~ced by ~ cert~in promiuory Rote of even date herewitb, of which the fo(lowinp in •
words ~nd fiour~. it a trw copy, to-wit:
= 7~A00.00 ` ~3-18,430
• co.~ P~n. Fia~d~, ~ June 5, 19 72
Fa value received, 1, we w ei~her of us, pro~+~•w +n ay, without d~felcatio~, lo the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF
fORT PIERCE at Fort ~ierce, Florida, the sum of ?l4O0'~ with interest from dafe at ths rate of c~~ per annum, in mo~thly inu~IM
ments as follpwt: =_89 ~O0 an ~he 15t ~y of Au9ust ,~y~ a like sum on the caresprx~d~rq d+y of each month tlxre-
after until the whole be fully paid.
Exh instailnxnt first shall be applied in payment of tM inlcrest and then on tlx unpaid balance of the prindpal svm. If d ault is msde in ths
payment of ~ny installrrunt when due, and such default continues 30 daya, then at the optnn of the holder, and wilhout any other notice, all the remai~inq
~nstatlmcnts shall be due and payable at once. Privileya is givm ro prepay fhis oote in whole u in part at any time wifhout pe~slly. Neither foreb~aru~cs,
nor acceptance by tM hotder thcreof after ~ny default in a~y payments he~eon, siwll be deemed axtension. A Ist~ payment charye of ~~45 . ahall be
added ro each insullment ~e+naining unpaid 7 days after ih dw date, and a like ium shall be added to each such i~stallmer?t r~maininy unpaid 7 days after
eath svcceeding paYmeM date.
E+ch make?, avrety and endorse+ hereof, joinAy aod uveralty, waives demand, p?ese~tment protett and nofics of prote~t for ~onpayment, and funher
egrera to any extenian of time of payment, either before w after maturity, without notKe to any of us; and to pay all costs of colledion, i~cludlnp a
reasonable attorney's fee in !he evenl of any default hereunder, and hereby severally waives all benefit of homestead a~d exemprio~ under fhe constitufiorl
and laws of each State of the Un+tcd States, as against lhis obligafion q ~ny extensioo w renewal hereof.
Witness the hand and ual of each party.
' S/Roy Lee McGriff
(s~?U
S Jan ce A. l~IcGr f ~U
; ii.io ~
( ) State Rewnw
(
NOW; iHEREFORE, the MORTGAGOR fw the purpose of secvring payment of ~aid wm of ~nd tFw p~riorm~nc~ oi th~
covenaNs ~nd agreements 1?areinafter expreued, and fw dive+s 9ood and vslwbb cauide?~tions, by thes~ presenri, does yrant. bary~i~, sell, remix,
release, conv~y and confirm u~to the MORTGAGEE, ib tuccessors ~nd auigna, •11 that cenain lot, p'~au or pual of IaAd, sitwt~, lyi~p, and beiny in tM
~~~~y o{ St • Luc ie ~nd St~te of Fbrid~, deuribed a~ follaws:
Lot 9~ _ Block 9~ of SOiTr1~Rh PINES SiBDIVISIOY
as per plat thereof recorded ia Plat Book 9~ page
68 of the public records of St. Lucie County, Florida:~
4J S fA~ ~ F=LOf~IUA
~ ~ DOCUt~cr:tapM: ST~:rP T~X
Z
J ~ = JUN-6'72 ~x -
I I I Q= d ~ t~?xEs
CE?T.3f kEiF~.i:E +r•
N U ~ IN P~~t1E~
P.B. ~90~ ~z - ' ~c~fl i-L~ ~ r~... _ ~at P~oa~t
~ ~ ~ R~c ~!r1tt;18' • ' S ~ ~yll. M~
,rt 71-13i. ~
pUp~1i i0 G'~'~R POIjR11~
~ q~ ~pUiti. Si. t~IC~E Cfl+ FU~
rogether with alI u+d sirgulu the tenemenn. }~ered~taments ar~d ~ppwtances tMrwnto b~lonyieg w in ~nywqe appe~tainie~p tl~eto, and all rents, tuw~,
proceeds ~nd pofin ~cuuinp snd ?o acaue from said premises, ~11 of which an inciud~d in th~ abov~ and fwpoirg d~uriptian snd Mberdum.
, TO H11VE ANpti eF{OLD th~ sbow described and qranted pr~.nis~s umo th~ s~id IYWRTGAGEE, ifs wousson and uspro fweva. Md th~ s~id
MORTGAGOR for Z= ~Y heirs, executors, adminntnton and ~agro, her~by tow~~nts with tl» t~id 111{ORTGAGfE, its sua~ssors and a~tiprM,
rhat they ~Y@ Iawfully sei:ed of ths said prem~s~s in fN simpt~; that th~ sarn~ sr~ fr~t, cleu and d'ach~r~d fran all Il~m a+d ~ncu~n
brances in law or in equity, and that they will and their shall wanant and def~nd t}r titb to tM sun~ M tM wid
MORiGAGEE, in successws ard suiyns, faever p~imt th~ lawfut ct~imt and d~mands of all qrsonst
PROVIDED, ALWAYS th~r if the MORTGAGOR ahall pay unto ths MORTGAGEE th~ promis~ory not~ Mr~iebefon d~scribd and sh+ll tnrty, promptly
and fu11Y perform, diicMr~, execut~, compkt~. comply with and sbid~ by each w?d ~ve~y tht stipulationt, apr~em~nts, conditiarn ~nd tov~nanb of s~id
p.om+uory no?e ~nd of tbis Mortgape, then this Mortp+g~ and tM Est~ta her~by ueat~d ~hall uas~ and be null and void.
IT IS UNDERSTOOD tfwt ~he word "Mortya9w" wherher ie tM s~rgulu w plwN anywhen in this Mortpape, ~hall b~ sirgular if on~ w?ly and
shall b~ plur~l jointly ar?d swerally if mon tl?~n one. ~nd that tM word °theu" h uied
o. "its." wt+er~ver the context to wn +~Y~« in tha Mortpap~ ah~ll b~ t~kt~ to meu+ "his,•• •'htrs; •
pliea w admits. Also, that wh~rever there ia • reiNenot in ths wwn~nts ~nd aprMmenq here;n oontsiryd to s~y of
~he p~nies hereto, tM sam~ aMll be corutrued to me~~ ~s vwfl ~s tFr Mirs, Ipsl rtpresemaYnes, wa.esson and assip~u (~itha votu~t~ry by ac1 of tM
pa.tas o~ involuntary by op~ration of tM law) of the s~me and rhat rh. covsnann hsr.in coo~ainsd ahall bh~d arK! rh. b.n.fin and .dv~r?t.y.s inw~
~o the resp~ctiw heirs, 1e9a1 repre~ent~tives, succ~uors ~nd ~ss~yro of tM putws hereto.
And wid Morfy~pon, fo. themselvp and tF~eir hein, Ipal repres~ntariva, wuesson and assiyro, hereby jointly ~nd wverally covtn~r?t ~nd pr~e
ro snd with th~ said MpRTGAGEE, in sucuswn and assigns:
1. To pay all ~r+d un~ut~r th~ principal and inter~st ~nd fM variovt ~nd wndry wms of ma~Y p~sYaW~ by rirtw of said prom;swry not~, and this
+no?ty+pe. ~+th and tvery. Womptly o~ th! days r~fpettivefy 1M samt s~wr~lly becane dut. f
2. To psy ~II ~nd sinpular the t~xes. auessmenb. Iwies. liabilit~es, oblgatiom and ~ncwnbances of every natw~ Md kind now on s~id d~suib~d
propMty, or tha~ hereah~r m~Y b~ ir^Posed. wffend. Pl+ced. Iwied, or ~~ss~d therson, a th~t here~ftsr may be levid a ass~a~d upon M~is N1ortQ.
age, a tM k~dtbtedn~ss ~ecvred hereby, ead+ and ~very, wMn dw ~nd payabl~. aawdinp ro(aw, before they becorne delinqwnt, and btfw~ ~ny M~ttnst
anathes a a~y pcnalry is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAII sE PROMPTLY S/1i15f1E~ AND ~)SCHARGfO Of
RECORD ANO THE ORIGINAL OFFIt1Al DOCIiMfNT tSIKH A5, FOR INSTANCE, THE TAX RKEIPT OR ?HE SATISfACT10N PAPER OFFICIAIIY ENOORSED
OR CERTIfIED) SMALL BE VLACED IN THE HANDS OF SAID JNORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT; and in tM ~vent tMt ~m thereof is not
paid. sat"sfied snd diicharged sa:d MORTGAGEE may ~t any time p~y tM same a a~y part thereo( withovt w~ivinp a affecti~p ~ny option, lien. ~quity a
•~qht under w by virtue of this monysye and tMe fvli amou++t of exh and every wch p~ymenf shall be immediately dvt and payabl~ ~nd shall bear inta~st
~•om rhe date rh~reof until paid at rate o( nine per centum per annvm ~nd royether ~ t~ suth inr~rest ~11 be u by the lien of th:s mw9p~.
E~f,t 203 Fa~t 2~~
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