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Home My WebLink About1540 236E~'75 4~ ~ TNIS INDENTURE. M,d. +rM 22nd day of AU9US t A.D. 19~~ be!ween John GrimshaN Long a sinale ad lt of St. 1''l1~ie County Flwida, hereinefter desgnated as 1~e "MORTGAGOR." and FIRST FEDERA~ SAVtNGS AND IOAN ASSOCIATION OF FORT PIERCE, a co~pwat~on ag+ni:ed and ex~sting unde~ ~he lews o( ths Un~ted Su~Qi of America and havi~g itt principal plate of bu~ineu in tM City of fort Pierce, St. luc~e Covnty, Flwid+, hereinaf~er dasiynated ai tM "MORIGAGEE:' WHFREAS the MORTGAGOR is jusfly indebtcd to tj~e MORTGAGEE in the sum of = 23 ~ 2~ , good and lawful money oi the Un~ted Srates ~dva~ced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a cer~ain promissay no~e of aven da~e herew~th, oi wh;ch the ioitowin~ in words and figuret is a lrve copy, to-wit: s , 1p018709 23.200.00 fo?t Pierce. Flwida. August 22 ~ 19~2 Fa value received, I, we w either of us, promise to pay, withoul defalcation, to Ihe order of FIRST FE9ERAL SAVINGS AND LOAN ASSOCIATION OF FQRT PIERCE at fwt Pierce, Fbrids, the sum of =2~~2~ ~ wi~h interest from date at the rate of Z~~o x? annum, in moMhly inftaU- ~nents as fotlows: S 237 o~ 15t day of ~tober ~9 7~_ and a like sum on the cwrespond~ng day of each month there- afrer until the who~e be fully paid. Each installment fi~st shall be applied in payment of the interest and then on the unpaid balance of the•p~inc~pal sum. If d ault is made in the F:ayment of any instatlment when due, and such defauit continues 30 days, then at the apt~~n of the hoider, and without any other notice, all the remaining ~nsratlments shall be due and payabte at once. Privitege is given Io prepay this note in whole or in part at any t~me without penalty. Neither forebearante, nor acceptante by the holder thereof after any default in any payments fxreon, shall be deemed extension. A late payment charge of S 11 .85 shall be added to each i~slallment remaining unpa~d 7 days after its due date, and a like sum ahall be added to each such inatallment remaining unpaid 7 days aftet each sutceeding payraent date. Each maker, surety and endorser he~eof, jointly and severally, waives demand, presentment protest and notice of protest fw nonpayment, and further agrees to any extension of time of payment, either before w aite~ maturify, without not~ce to any of us; and to pay all costs of collection, includ~ng a reasonab~e attorney's fee in the event of any default hereundzr, and hereby severally waives alt benefit of homestead and exemption urtder the constitution and laws of each State of the United States, as against this oblgation w any extens~on or renewal hereof. Witness the hand and seal of each party. S/John Grimshaw l.ony ~Au a sinqle adult ~senu (SEAI) csEwu $34.80 ~ State Revenue NOW, THEREFORE, the AR~OR~TGAGOR for the purpose of sec~?ing payment of ~aid sum of S 23 ~ 2~ • and the pe?form~nce of the covenants and agreeme~ts he~einaffer exp~essed, and fo~ divers good and valuable considerat~o~s, by thcse presents, dxs grant, bargain, sell, ~emise, release, convey ~nd confirm unto the MORTGAGEE, its successors and sssigns, all that certain lot, piece or parcet of land, situate, lying, and being in the County of $t . Lucie and State of Florida, dewibed as follows: The North 20 feet of Lot 7 and all of Lots 1 and 2, of Block 6, MARAVILLA TERRACE, according ta the plat thereof on file in Plat Book S, page 50, public records of St . Lucie County, Flori da. 4 ` 4 yo 1Up? . n~ n?nrotr aF ~ ~ STAT ETAoF s~~~?-~ ~ ~c a~r~wsm~ ~sow~ ~ ~ W ~Ut11~~1_ ~1l~/ tp t~tA~pt n•1~. AWS OF 1l~1. ; r ~ ~ - l011~11t ~ o - ' 3 j y = pWt4Kt : z ~ 8 = ~ q C~pwt; u. i~IC1E rA.. ~ _ o ~,~CUC 'ti,;~.,••° N V a[~t. 9p112 ~ P~ ; together with all snd singular the tenements, hereditaments a~d •ppurtantes thereu~to belongirg w in ~nywise appe?tainirg thereto, and all renri, iuues, proceeds and profits sccruing and to accrue from said premises, all of which arg included in the above and foregoing dewipYan snd hsbendum. TO HAVE AND TO HOL~ tF~e above described and granted premises unto the said MORTCsAGEE, its successors and ~ssigns forever. Md tM ~sid MORiGAGOR for h1S he~rs, executors, administrato~s and assigns, hereby covenanfs with the said MORTGAGEE, its wccessoti ~nd auigns, rhat -he 15 lawfutly seized of the said premises in fee simple; that the same are free, cle+r and dischargcd from ~I) liero ~nd enc~m- i brarxes in law o~ in equity, and that he will and ~115 hein shall warranf and deiend the titk to the same to 1M said MORTGAGEE, its successws and assigns, fwever against the lawful ctsims and demands of all persons; ~ PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuay ~+ote hereinbefore deuribed and shall truly, promptly ~ and fully perfwm, d~xharge, execute, complete, comply with and abide by each snd every tF~e s?ipulations,•agreements, conditia?s snd covenants of isid ~ promissory note and of this AAortgsge, then thi~ AAatgage and the Estate hereby uested shall ce~se and be null and void. ~ IT IS UNDERSTO00 that the wwd "Morrgaga" whNher in the singular w pfural snywhero in this Mwtgaye, thall be sinyular if one only and ~ shall be plural jointly and severally if more th~n one, and that the word "~heii' as used a~ywhere in this Mortgage shall be taken to mesn "his;' "hen," ~ or "its;' wherever the context w implies a admits. Also, that whercver there is a reference in the covenanta and agreements herein contained to any of the parties hereto, the same shall be con~trued to me+n as wel! as 1he heirs, leyal represent~tives, sutce:sors and sssigns (either voluntary by ~tt of the parfies or involuntary by operation of the law) of the same and ?hat the covenants herein contained shsll bind and the benefits and advantagq inur~ ro the respective heirs, legal representatives, successws and ass'gns of the p~rties hereto. And said Mwtgsgort, fa themselves and their hein, legal representatives, s~ccessors and assigns, hereby jointly and severally covenant and ayree ro end with the said MORTGAGEE, its successors and assigns: 1. To pay sll and sirgular thc principal and interest snd the variovs and sundry sums of money payabie by virtue of said p~omissory note, and this mortgage, each ~nd every, promptly on the days respectively the sune uverally become dve. - 2. To pay all and singulsr fhe taxes, sstessments, levies, liabiliries, obtigstions and erxumbrsnces of every nature and kind now on ssid dauibed property, w that hereafter msy be imposed, iuffered, placed, levied, w auessed thereon, o~ that hereafter may be levied w usessed ~pon tt~is Matg age, o~ the indebtedneu secured hereby, exh snd every, when dve and payable, accwding to Isw, before they become delinqueM, and befwe ~ny interest arraches or any pe~alty is inturrcd; AND INSOFAR AS ANY TNEREOF IS Of RKORU THE SAME SHAII BE PROMPTLY SATISFIED AN~ DISCHARGEO OF = RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, iHE TAX RECEIPT OR THE SATI$fACTION PAPER OFFICIAtIY ENDORSED OR CfRTIF1ED) SHAIL BE PlACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not paid, sat"sfied ~nd discharged sa'd MORTGAGEE may at any time pay the same w any part thereof without wsiving or affecting sny option, lien, equiry p •iqht under or by virtue of this mortgage and the full smovnt of each a~d every such payment shall be ~mmediately due and payable and shalt bear interest t ~rom the dete thereo( until paid +t rate of nine per centum per annum er.d togetpe?Rw~ ch inte?est shall be secured by the lien of th:s mwyts9e. e~~k~~5 ~ac~15~0 ~ : ; ~ 4_ ~ r ' ~ ' _ _ _ _ •