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Home My WebLink About0093 256253 . THIS IN~ENTURE. Mad~ the 2 St h dsy of r!`~y A.D. 19 7 3~ between Gail I L Graham and Cazoli ne F ~raham~ hi ~o of St. LL1C1@ County Flwids, herei~after desgn+ted as tM "MORTGAGOR,° ~nd FIRST FE~ERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, • corpor~tion or9~~i:ed ~nd exiitioy vnda~ tM ~aw~ oi the llnited Sbt~~ of Art~iu and havlnp ib principal plac~ of bu++neas in ~M ~i~y of Fon Pi.rca Sf. luci~ Couny, Flarida, hereinafter d~sipnated as tM "MORTGAGEE." WHEREAS tM MORTGAGOR is juitty ir?d~bt~d to tM MORTGAGEE in tM sum of S 12 s 4OO ~a,Nful monsy of the United States adva~ed by the MORTGAGEE unto the MORTGAGOR,.as evi~enced by a cer~s~n promiuory note of evan data herew+th, of which fhs followinp in words and fiyure~ i~ a trw copy, to-wit: ~ 12 ~400. 00 ~ 110000$O Fwt Pis?c~. fiwida. May 25 , 19~_ For valve reteived, 1, we w either of us, promise topa y, wi~hout defaicarion, to the orckr of FIRST fEDERAI SAVINGS AND IOAN ASSOCtATtON OF fORT PIERCf at Forl Picrce, florida, the ium of iZ2 ~ 4VO. ~0 w;th ;nterest from date at 1he rate of 8 9'o per annum, in mo~thly instalM ments as follows: i 1O4 on ths ?~t•day of ~]}llvT^ ~47 3 aod a lib sum on the cwrosp«~d~rg dsy o! ~xh moNh therr aftcr unti! the whole be fully paid. Eath installment ti»t sha11 be applied in payrt?ent of the interest and then o~ the u~paid 6alante of the principal sum. If defauh is mada in ths payrt+ent of any installment when dus, and such default continues 30 days, then st the option of ths hoider, and without any other notice, a!I the remaining ~nstaifinents shelt be d•.re and payable at once. Privilegs is gi~en to prep~y this rate in whole or in part at any time without pcnelty. Neither forebearance, na ecceptance by ths ?wlder thereaf after any default in any payments hereon, sha0 6e deemed exte~sion. A Isle payment charge of ~ S• 2O shall be added to each installmeM remaining unpaid 7 days ;ffer its due date, ar~d a like :um ~hall be added to each such instailmeM remaining unpaid 7 dayt after each succeeding psyment date. Eath makar, surety and endo~sea hereof, jointly and uverally, w+ives demand, p~esenfinent pro~est and notice of protest fw nonpayment, and funher agrees to any extenia~ of time of payrn~nt, eithe~ before or after maturiry, without notice to any of us; ar+d to pay all costs of collection, includ~ng ~ reasonabk attaney's fee irt the event of any defauit herevnder, and iareby severaUy waives all benrfit of homestead and excmptio~ under the constitution and lavrs of esch Sute of ths Uni~ed States, as against this oblgation w any extensan or renewaf he~eof. Witrxss the hand and seal of esch party. S/ ail I. ~q (SEwt1 S a ~ . ~ $18 . 60 ~ State Revenue `f ~ ~u ti ~'tid 7t'lt9t NOW, THEREFORE, the MORTGAGOR fw the purpose of sec~ring payment of saFd of s~~, ann Q~^, the performence of tM covenants ~nd ~greements hereinafter expressed. ~nd fo~ divers good and valusble cauiderations. by these presents, does g~ant. baryain, sell. remise. release, convey and confirm uMO the MORTGAGEE, iri successors and assigns, all that certsin bf, piecs w pucel of land, situete, lying, and beinQ in ths Counry of St . 1'uC l e " and State of F(orida, described as follows: Lot 26, Block'S, L11KEW~OD PARK SUBDIVISION t7NIT Np, O:~*E, as per plat thereof on file in Plat Book 10, at page S1, of the public records of St. Lucie County, Rlorida. ~ STATE oF FI_C)Rlt3A ~ DO~UMEt1TARY~ ~,ti.S~ANR~` TAx I i~P1. O~F YE ER N~' I _ ~ .r~-ria ~ ~ ~ g. ~ ~ 1 ~ ea. ~ _ u~02 b - G IN P1111ME1tT OF TAX64 DUE ON ClJ1SS 'C tNTAN6 6135. EACTS OF 19~11~. R~ ~ pp{~AtIT ?0 CNM E ~J ROGE" rJlTRI?S Ct.Ewc CtkcUiT CouRr, sr. wc~E 00-. Fu rogether with all snd singular the teneme~ts, hereditamenri and appurtsnces thereunro belonginp o~ in anywise +ppert~ininp ti~ereTO, u+d ~tl renb, ias~es, ~ proceeds and profin xvuing and to acuue from s~id prlmises, atl of which are ~~cluded in the ~bova and fa e~anp destription end habendwn. ; TO HAVE AND {~HOIg tF~e above desaibed and gn~ted premises unto the said MORTGAGEE, in suctessors and aug~n fortwr. Md th~ uid E1 MORTGAGOR for - heirs, executon, adminlstratws and ~uigns, hereby covenants with the ssid MORTGAGEE, its suaessora snd assiym, rhat lawfu!!y seized of tF~e said premises in fee simple; that the ssme are free, clear and discharged from ~II lier?s ~nd entunr brarxes i~ !aw w in cquity, and that they W~~~~a~ thacir hein shall warrant aod defend the title to the same to the s~id MORTGAGEE, its s~ccessws and assigrts, fwever against the lawful claims and demands of all perso~s; PROVIDED, ALWAYS that if the MORTGAGOR shall psy unto tix kWRTGAGEE the promiswry i+ote here+nbefo?e described and sh~ll truly, promptly and fully perform, d'+xha.ge, execv~e, completr, comply with and abide by each snd every the stiputations, syreements, conditions ~nd toven~nts of aid promissory note and of this Mortgage, then this hbrtgage and the Estate hereby ueated shall cease and be null and void. IT IS UNDERSTOOD that the wwd "Mortgagw" whether in the singulsr' w plural ~nywhere in fhis A6wtgsge, shsll be singvlar if one only and sh~ll be plural jointly snd severally if more than one, and tF~at the word "their" as used ~nywhere in thK Mortg+ge ihsll be t~ken to mesn "his;' "hers," or "its;' wherever the context w implies a sdmits. Also, that wherevd there is s reference in the covenanb snd a9reemenfs herein contained to ~ny of the parties herero, the s~me ~hall be consnued to mean ~f wetl as the heirs, legal representatives, successors and assigra (either vol~ntary by ~cf of th~ pa~ties w im~oluntary by operation of the law) of the same and that the covenanrs herein contsined ihall bind ~nd the benefits and ~dv~Ma~es inw~ to the rKpective heirs, legal representstives, succeisors and su~gns of the psrties hereto. ~ And said Mortgsgws, for themselves and their hein, (rgal repreuntatives, successors ~nd usiyns, hereby joiMly and severally covenant ard agree ro ar.d with the ssid ARORiGAGEE, its successort and auigns: 1. To psy all and aingula? thc principal and interest ~nd the various ~nd sundry swns of mo~?ey payable by virtue of said promissory rate, snd this mortgage, each ~nd every, p~omptly oe~ the days rdpectively ihe same severally becpne due. 2. To psy all and sing~lar the taxes, sstesunenb, levies, lisbilities, obligatian and encvmbrances of every nsture snd kind now on s~id dewibed ' properry, a tha~ F~eresfter msy be impoxd, wffered. Placed, kv'~ed, or sssessed thereon, or thst here~fter m~y be lev'~ed or useued upor? th~ Mwtg~ s age, or the indebtedneu secured hereby, esch and evcry, whe~ di?e ~nd paysble, accwdin~ io law, befae they txcort~.delirpvent, and befort any Fntere~t ~ attaches a sny penatty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL dE PROAMTLY SATISf1ED AND DISCHARGED OF RECORD AND THE ORIGINAL OFFICIAI DOCUMENT (SUCN A5, FOR INSTANCE, THE TAX RE~EIPT OR THE SATISFACTION PAPER OFFICIALIY ENOORSED OR CERTIFIED) SHAII BE PIA~ED IN THE HANDS OF SAtO MORTGA6EE WITHIN TEN DAYS NfXT AFTER PAYMENT; and in the event that a~y thereof is nw pa;d, sat'sfied ind dixharged sa:d MORTGA6EE may st any time pay the same w ~ny part thereof withovt waiviny w affecting soy optan, lien, equity ot ~iQht under a by virrue of this mortg~ge and the full amovnt of each and every s~rch'p~ymens shall be immediatety due and payable ~nd shall bear interest ~~om tl~e dafe thereoF until paid at rare of n~ne per centum per annvmAan~ t ether with svch inte~cst sball be secured by the lien of th's mor9taye. i - 3~C~. 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