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Home My WebLink About2852 ~~.7 jI ~ ~ v THIS INOE~lTURE. ~1a~c th~ ~.2tt1 ~ay of March . , A. D~ 19 73 , bct..ecn CHARI,ES W. GRANT, and ETI~L M. GRAbTT, his wife ~ af $t. Lucie Cuunty, flo~~cla, he~uinaltc~ design~rcvl as the "MORTG/1GpR," and fIRST FEDEMI SAVII`GS AND ~OAN ASSCCIATiON OF th01AN RIVER COJ^lTY. a c~rp~~atio~ O~dan~Zed and existin~ urcior the laws of rhe Un~ted States of Amr.ica ar.d Fur~ng ~ts prinupal piate oi busin~ss ~n thc ~+ty of Ve~o Be,xh, Ind~an River County, fbrida, herei~aiter des~gnated as ~he "'~tORTCAGEE." `~~iEFEAS 1hc MORTGAGOR ~s lustl ~nd~ tec~ to the MORTGAGEE in thc sum of N~II@ Thousand Five HL1I~dY'Cd ana no/~oo---------------- cs ~,50~.00 ) Do;lars, good and la~vfu~ m~ney of the Unitcd $tates ac:va~ccd by ihe MORT~~CEE unto the MORTGACv^R, as e~•~denced by a tertain promissory no~e of eve~ date h~:re.v~th, of wh~ch the fullow~ng ~n v.•orda ar~ ~~gu~c5 K a truC COpy, t0•wit: s 9~ 500 . 00 r~,a. . Vero Beach. ftorida. MaI'~h 12~ . . 19 ~3 Fa. Y±!_~ received 1 0• we jointt~• or ,~:c:a~~y promise to pay to F~RST FEQEP.AL SAV1tJGS ANO LOAN ASSOCIP?TION OF INDtAN CIVER COUNTY, the sum of S 9~5~•~ , at its ofr~ce in V.:ro ~each, Flo?ida, with interest at the rate of 7•25 ~r ce~t per annum, in the follawing manner; ~ s.~•?3 , upon the first of each and every mo~th hereafte~ until fhe fuQ principal sum, with interest, has been paid; said monfhly payments shall be appl~ecl first ta the payment of interest on the unpaid balante, and then to tF?e payment Of principal. • This note is negot~aole and if default in pavment otcurs, may be placed ~n thc hands of an atrorney at law for colfecti~, in whfch e.~ent 1 or we agree to pay the c~srs of cotlectie~, inclexling a?easonabte attorney's fee, and e; ch of us, whether maker, guarantor o! endo~ser, hereby severally waivas . Cmand, no:ice of ~on-oavment and protesc of th~s ~ote. ~s~ Charles W. Grant ~~ai~ • ~s~ Ethel M._ Grant _ tseau 3.25 In the event any payment is not made prior to the T.Oth day of Ihe month when due, then this note shall bear interes• at ttie rate of ~96 from the da!e 3ny such payment became due and throughout the period of such delinquency. State stamps D~~d and cancelled on ori3inal of this note in the amount of s l.~} •25. . NOW, THEREFORE. the MORTGAGOR for ttw purpose of securing the payment of the said wm of S 9~5Q~•~- and the ; aerformance of the covenants and agreements hereinafter exp~esz~l, and for d~vers good and valuable tonsideratiorts, by these presents, does grant, bargain, sell, ~emise, release, convey and confirm unto the MORTGAG~~ its successors and assigns, all that certain lot, piec~ w parcel of ' land, situate, lyi~g and being in the County of St, I.l2C~@ _ and State of Florida, described as follows: Lot 6, Block 20, Lakewood Park, Uni+ No. 3,-according to the Plat thereof as recorded in Plat Book 10, page 63, of the Public Records of St. Lucie Cowaty, Florida. _ ~~QO 1. ~pN~ 2 ~ ~ p? ~ ~ ~ E~ °F t R`r, m+s u+sr~uMer,r w~s ~~:s,u~c n 1,,~~M~~ ~ y t(r ~ \N P~'~ MARC GR1FiErH c-' ~Y~ • 1 PE`~ ly~\' fIRST F:7.RAl SA'~WGS AN~ IOAN ~E OF ft• i 9 ~ OE S,_ ,Ni~N~~ f~~ ASS's~ CF Ir:D1aN RIVER COUNTY o~ t~ ~~E~~ ~ER ~i~ ~t~` cp, so. s. ~ P. wx ~ zo9 =„c o~~~+a2 ~ to ~~prt ~s` y3~~E~. •ERO S AC~. F.O~IDA 32960 . ~ ~ ~ y,~,j ~i, ; ~ ~ ~o t~gether with a!1 and singular the tcnements, hered~taments a~d appu~tena~ces thereunto belonging or in anyv~nse appertainfng thereto, and aH rents. iiwes, proCeeds and profits accniing and to atcrue from said prem+ses, a![ nf vsti+ch are intlucled in the abcve and foregoing de- sc,iption and habendum. TO HAVE AND TO HOLD ihe aMre described and g~anted prem;ses unto the said MORTGAGEE, its wccessors and assigns forever. And the said MORTGA~R for their ~;~s, executors, administratars and ass~gns, hereby covenants with tFx said MORTGAGEE, its succes- sors and assegns, that t}1B3T. 8T@ - lawfully seized of the said premises in fee simple; that the same are free, clear and d~s- charged from ait liens and encumbrances in law o? in equity, and that they r,,;i~ a~th@.;.T he;-s shall wa~rant and :'>fend the title to the same to the sa~d MORTGAGEE, its successars and assigns, forever against the lawful tlaims and demands of all persons; PROVIDED. ALWAYS that if the MORTGAGOR snaii pay unto rtsc M4RTGAGEE the promissory note hereinbefore described, and shatt truty, promptly and fully perform, d;scharge, execute, complete, comply w;th and abide by each and eve~y the stipuiatii,r~z, ag:cr.~rs~nts. - conditions and covenants of sa~d promissory note a~d of th~s Mortgage, then this Mortgage a~d the Estate hereby created shall cease and 5e null and vo~A IT !5 Ut/D~RSTOOD t!~ut the ~vord "hRortga3~r" whether in tha singula~ or plurat anywhe.e in this Mo~tgage, sttall be singutar if a?e only and stiall be pturat ~~in!b~ ~nd u:crally i! more than one, and that sre ~vord "Their" as used anyw6cre in th~s Mcrtgage Shal? be takcn to mean "his." "her," or "~ts,'" whe~e.er ine c:~ntext so implies or admits. Atso, that whereve? there is a refere:+ce in the covenants and ~~reements herein contained to any o.' ~hc pa:tics hereto, the same shalf be ccn;trued to mean as we~l as the heirs, Icgal representatives, wc- cess~r and aszigns (either voluntary by act ot t~e parties or involuntary by operat~an o( the fawJ oF the same and t'rwt the covenants here~n c_ntam~d sti,N bind ar.d :ne :~•n~+~rs ~~:d ~d.a~ta3es inurc to the res~ett~ve heus, legal representat~vrs, su«r»:.rs and assisns of th~: ~;rhM •`~fret0. And said At~rty~bers, fsr themtei.•es a~-1 th~,r heirs, f~ga! rearesentahves, sueeessors and assigns, Fureby jn,ntly an-' se~era!ly eove~ant ;:^d agree to and w,rh the ~v;d ~40RTi,AGEE. ~ts successors and assigns: 1_ To pay all and singular the pr~nc~pal and interest and the various and sundty wms of money payable by vi:tus o1 s~~d promi;s~rv ~.-.se, and tfi;; mortgage, each and e~ery p.,.npNy on she days respect~vely the same severally become due_ 2. To pay all and singuler the taxes, assessments, leviez, lia5ilities, obligations and incumbranees of every r?ature as~d kind now o~ x,~d descrit,-ed properry, or that hcrcar:er may be ~mpcsed, suffered. ptiated, levied, or assesz~d thereon or that hrreattcr may be te.~~cd ar a.~.~>sed up~~n this Rlortgage, or the indebt~dness secured he~eby, each and every, when due and payable act~rding to I; w, before they be- c:-me del~nquer.t, ar.d 5ei:,re am• nt~rest a:tac~cs er any penai:y is inc~rred; and ~nsofar as any thereof is ot ~ecord the sa:ne shall 5e promptly <.ansfied and d~x?~aiged ef re~~:d and t~-e crig~n~I official dxwnenr ;;uc+~ as, for instance, the tax receipt or ti,e sati~{act~on pap~r officiatly ~~.dcr;ed ~r c~rt,':eu! sh:!! be p!~ced e~ ??~e h~n~ic :~f s.,id MORTGA~~E with~n ten days nexi after payment; and in the e~e~t that any thereof ~s n-,t paid, satisfied and di~harged. sa~~ MORTGAGEE may at any timc pay the sart?e or any part thereof without waeving or affecting any ~ptien, 1ien, equity, or rip,ht under or Uy v;rtue of thes !vlortgage, and rhe full amount of each and every wch payment shall be immrJ~ate'ry u,.e and payabfe and shall bear intc•est frcm the ~ite thereof until paid at the rate of ~ tentum per annum and togeth.~r ~.~th such interest shall be cecu~ed by the lien ef this mcrtgage. S@~II A11C~ Ori@-quarter 3. To place and c~nrrnu~us:y Heep on the buildmgs ~ow or hereafter situated en said land and on a~~ equ~pment and pe.s~nalty cov- ered by th~s mort~a£e. .~•~~n a~i p.~mwm; there;n pa~d in fu'~. f;re inwrance in the uwal standard pol~cy form, i~ a wm approret~ by ei-~ ".'ORTGAGEE, ar.o tornrdo ,^;urr,nce in !he usual standard policy form,in a sum apprwed by the MORTGAGEE, ln such compa~y or companies .~s the MORTGAGEE may d~rect; ar.~ afl fire and temad~ insurance y~ticies on any of said bui3dir.gs, any interest therein or part thereof, in the aggregate wm -foresaid n: in excess there~f, shall contain the uwal standard mortgagee dause or such other ctause as the Mortgagee may require, mal:ing the loss under said R~~+~~ez, each and etiery, payable to sa~d MORTGAGEE as its interest may appear, and each and every ~uch p~licy shall be promptly as~igned and delivered to arr,f held by sa~d MORTGAGEE as fu~ther security to said mortgage 3_bt, and, not '^c; than ten (10) days in ad~ance of tfx~ ezpiration of each polity, to detiver to said MORTGA.GEE a renewa! !~¢rEt~P, fOSCJher with a receipt sc- the prem~um of such renewal; and there shall be na fire or torn3do insurance placed on any of sai~ bu~~d~nys. any ~nterest there~n or part tnereof, unless in the form and with th~ loss pavable as aforesaid; and in the event any surrs of money becomes payabte under wch m.:, ~S $~~i - ~ ~ ~ ~ : h ~~r ~ ~ t 7, f ~ i "~~r.,t~~'.~i,. 3s'.~ _ '~.*'y.y,','= . . 3 , s' 'G's/ ~rd~'~ . ~F..,.. ~'-e;.