The URL can be used to link to this page

Home My WebLink About0076 ;~35~22 TNIS INDENTURE. Msde rhe?th day of AuqUSt , A.D. 1972 be~wce~ Ernest T. Grirnsley and Rachel Grimslev~ his wife _ _ a{ $t . LUClQ County Nwida, hereina(ter desgnaied aa ~he "MORTGAVOR," ar.d FIRSi FEDERAC SAViNGS ArtD tCaN - ASSOCIATION OF fORi PI'_RCE, i corporation wganized and existing unde? Ihe laws of the Unitsd StatQS oi America and havin~ itt principal place of busmess io tM City of Forl Pierce, St, lucie County. Florid~, herrinaiter designated, at the "MORTGAGEE." WHEREAS Ihe MORTGAGOR is justly indrbred Io the MORTGAGEE in the sum of s 1+ 500• 0O , good a~d lawful money of ~he Un~ted Srates advanced by the MORiGAGEE ~n~o ~he MORiGAGOR, as evidrnced by a ce~tam p~omisswy nore of even date herewhh, of which the follow~ng in wards and figurei is a true copy, fo-wit: , s 1.500.00 No 3=18i644 Fort Pierce. Flwida, AUpt1SL 7y 19~c_ Fw value ~eceived, 1, we or eifher of us, prom~se to pay, wi~hout defalcation, to the order of FIRST fEOERAt SAVINGS AND LOAtV ASSOCIATION OF FORT PIERCE al fort Pierce, Florida, ~he sum o~ Sl ~500_• O0 w;th interest irom date a? the rate of 7• 75O'e per annuin, in monthly install- ~~rn~s as {oi!ows: S j y• O0 on ~he 1 St day of Oetober 19~~ and a like su+n on the cwrespond~ng day of each momh the~e- af~er until thc whole be fully paid. Each installment first shall be applied in paymeM of the interest and ~hen on the unpaid balance of the princ;pal sum. If d ault is made in tbe i ~ a~~nent of any installment when due, and such default cont~nues 30 days, then at the opti~n of the holdtv, and without any otner not~ce, a11 the remaining .~~s~aJlmeNS shall be due and payab~e at ooce. Privilege is given to prepay this note in whole or in part at any time without penalty. lJeither forebearance, nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed extens~on. A late payment charge of S• 9 S , sha11 be ~dJed to each instaltment remaining unpa~d 7 days after its due date, and a Gke sum s6atl be added to each such insraltment remaining unpaid 7 days aiter each succeeding payment date. Facn maker, surety and endorser hereof, jointiy and severally, waives dema~d, presentment protest and notice of proteat fw nonpayment, and funher a~rees io any extension of tin~e of payment, either b;fore w after maturity, wi~hout not~ce to any of us; and to pay atl costs of collection, includ;ng a reasonable attorneyb fee in rhe evenr oF any defavl? hereundrr, end hereby seve~ally waives all benefit of homestead and eaemption under the constitulion ~~,d laws of each State of the United States, as aga~nst this obligation o? any eztens~on o~ renewal hereof, Wit~ess the hand and seal of each party. s/ Ernest T. Grimsl~y ~~A~~ (SEAI) _f s/ Rache 1 Gr imsley (SEAI) $2 • 25 1 Stale Revenue ~~1~ iSs~+peAadil~ orFarlgmaisoea~ NO'JV, THEREfORE, the MORTGAGOR for the purpose of secur~ng payment of sa;d sum o~ S 1, SO~. ~U , a~d the perfwmance of the covenants and ag~eements hereinaiter expressed, and for divers good and valuable considerations, by these presents, dcea grant, bargai~, sell, rem:se, release, convey and confirm unto the MORTGAGEE, its succeswrs and assigns, alt that certain tot, piece cyr parcel of land, situate, lying, and being in the County of SL . Lt1C 1Q and State of florida, described a~ follows: Lot 22, Block l, BUNCHE PARK, according to a plat thereof on file in Plat Book 10, at page 1t3, of the Public Records of St. Lucie County, Floxida, W STA~ t i=LU~tlt~n ~ ~ DOCUNEZTA~=_STA~?~ TaX ~ J Z = - _ ~ _ c+UG-8'72 = `•,~::1 - ~ ~ _ , 2 2 5 = N L•Eii.OF R[!'f\+IE "=~X~_f•- - P.8.~9o~~z ~ _ This is a second mortgage, subject to a first mortgage executed by Ernest T. Grimsley and Rachel Grimsley, his wife to First Federal Savings and Loan , Association ofFort Pierce dated April 10, 1972 in the amount of $6,000.00 filed in O. R. Book 201, page 741, April lI, 1972. , ~ C` ot!"-'~~:T f'` ~ p~~F'~~ t - ` • _ . , • . , i:,_. i . . . • ! p__ ~ _ ;.;t~~~a'~ fV~. i • ' ~ tliC1[ ~Y ~l CLFP•i( GIHCUIT ~_uKS~ S~• LJ f~'"_ ~ i ~ fogefher with all and singular the te~ements, hereditaments and appurtances thereunto belo~ging o? in anywise appett~i~ing thereto, and a~l rents, iuues, ~ prp~~S and prof~ts accruirg and to accrue from said premises, aIl of wh~ch are included in ~he above and foregoi+g description snd habendum. ~ TO HAVE AND TO HOID the above described and granted premises unto rhe said MORTGAGEE, its successors and assigns forever. And ths said ` ,410RTGAGOR for L~]Q 1Z ~~rs, executors, adminisfrafors and ass;gns, hereby covenants with the said MORTGAGEE, its sutcessors and assigns, t the are +hat lawfully se+zed of the sa~d premises in fee simpte; that the same are free, clear and diuharged from sll liem and encum- ! b~ances in !aw or in equity, and that t he v W~~~ a~ the i r heirs shall warrant and defend the title to the same to the said MORiGAGEE, its s~ccessors and assigns, fwever against the lawfu) claims and demands of all persons; PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuory note he~e~nbefore described and thall truly, p?omptly and f~lty perform, diuharge, execute, complete, comply wi~h and abide by each and every the stipulations, agreements, conditions and covensntt of said p~om~sswy rate and of this Mortgage, then this Nbrtgage and the Estate hereby ueated shafl cease and be null and void. . ~ IT IS UN~ERSTOOD that the wwd "Mortgsgor" whether in the singular w plural anywhere in thi~ Mortgage, shatl be singutar if one only and : sha~l be pturat jointty and severalty if more than one, and that the word "their" as used anywhe~e in this Mortgsge shall be taken to mean "his;' "hen," or "its;' wFKrever the context so implies or admits. Also, that wherever there is a~eference in the covenants and agreements herein contained to any of fhe parties hereto, the same shatl be construed to mean as well as the heirs, legal represenretives, successors and assigns (either voluntary by act of the pnrrie~ or involuntsry by operation of the law) of the same a~d that the covenants herein co~tained shalf bir.d and fhe be~efits and advantages inure ro the respective heirs, legal representatives, successws and sss'gns of the parfies hereto. And said Nbrtgagers, (w themselves arad their heirs, legal representatives, successors a~d auigns, hereby jointly and severally covenant and agiee +o and wirh the said MORTGAGFE, its successors and assigns: i 1. To pay el) and singular the principal and interest and the variovs and sund~y sums of mo~ey payable by virtue of said p?om~isory note, and this ~ mortgage, each and every, prompt~y on the days respectively the same severa~ly betome dve. 2. To pay sll and singula~ the taxes, asussmentt, lev~es, liabilities, oWigatio~s arxi encumb?ances of every nature and kind rww on ssid described property, w that hereafter may be imposed, suffered, plxed, levied, or auessed thereon, w that hereafter may be levied or asussed upon fhis Mortg- age, w the indebtedness ucured hereby, lach and every, when due and payabfe, sccording to law, beiwe they become delinqueM, and before any interest a!teches or any peralty is inturred; ANO INSOfAR AS ANY THEREOf IS Of RKORD 7Nf SAME 3HAll BE PROMPTIY SATISFIED AND QISCNARGED Of RECORD AND THE ORIGIhAI OFFICIAI DOCUMENT (SUCM A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIAItY ENDORSED ~ OR CERTIFIfD) SHAtI BE PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENI; and in the event that any theieof is not pa~d, sar sfied and discharged sa'd MORTGAGEF msy at any time pay the same w any parf thereof without waiving w af(ecting any option, lien, equity or ~~pht under or by virtue of this mortgage and the full amou~t of each and every such payment shall be immediate~y due and paysble and sha(1 bear interest j~om the date thereof until pa~d at rate of n~ne per ~entum per annum end tog~F~r interest sh~secvred by the lien of rh:s morgtsge. p : _ . _ . _ _ - : . ~ i' ~~.".t~,-Y9.~'.~ r....3v~.. ~ ~ . . . ,:e.~.vY.y'" ~ "~d