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Home My WebLink About0196 . 2s~s34 THIS INDENTURE. N?.d. 17th day os September A.D. 19 73 ~~w~~ Albert P. Grams and Teresa M. Gram$, h}s wife _ of St. LuCl@ Counfy Flaida, hereinafta designaied af the "A\ORTGAGOR," and fIRST fEDERAI S~?VIt3G5 AND IOAN ASSQCIATION OF FORT p1ERCE, ~ cwporatio~ wpaniud and existinp ur~de~ the Isrrs of the Un~ted Ststas of America a~d ha'vinp iri pri~cipal plact of busirnss M 1F» Cify of Fut PiKCe, St. l~ci~ Counfy, Flo~ida, hereinaper deiiynated as th~ "MORiGAGEE.° WHEREAS tM MQRTGAGOR is jvidy indebted to ths MORTGAGEE in the sum of ~ 13~ 1~. qood and lawful money oi the U~~tcd Stats~ advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a terlain promisswy no?s of even date he~ewith; of wh~ch the followinp in wads and tigures is a trus copy, to-wit: s 13,100. 00 N,11000163 - Forf Pieres, Fia:a~, September 1~, ~9~_ Fw value received, 1, we w e~ther of us, prom~se top~z wi~hout defalcation, to the order of FIRST FEDERAI SAVINGS ANO IOAN ASSOCIATION OF FORi PIER~E al fwt Pierce, Fbrida, the sum of s 13 ~ i V~ . w;th interest from date at the rate of 9' pe~ annum, in monthly inslall- 3 ~nents as follows: f_118 on Iha 2Othday of Oetober ~9 73 and a like sum on the co~responding day of each mon!h ~here- after until the whole be fully paid. Exh instatlment first shall be applied in paymenl of ths interest and then on the unpaid balsnce of the princ~pal sum. If default is mad~ in tha Nayment of any instalFment when dve, and such defauh continues 30 days, then at the opfion of the ho{der, and without any o~her notice, all tFk rem~in~ng ~nstallments shatl be due and payable a~ once. Privilege is given to prepay this note in whols a in parf at any fime withoui psnalty. Nei~her forsbenrfnce, ` nor acteptance by the Falder thereof aite? any defaulf in any paymcnts hereon, sfiall be deemed extension. A late payme~t charge of 9O . sha11 be ~ added to each i~stallment remaining unpa~d 7 days after ih due date, and a I~ke sum shall be added to each such installme~t remaining unpaid 7~ays aftt~ each succeeding payment date. Eath maker, surety and endorse~ hereof, joinlly and severally, waives demand, presentment protest anc! notice of protest for nonpayment, snd fur!her agrees to any extension of time of payment, either beiore w af~er matu~ity, without not~ce to any of us; and to pay all cosfs of coliectlon, iiI\?d~ng a reasonable attaney i fee in the event of any defauit hereunder, snd hereby severally waives all benefit of homestead and exemptitY? undet the cons?itution a~~d laws of each State of Ihe United States, as against this obligation w sny extension or renewal hereof. Witness the hand and seal of each party. S/ Alb r P. Gr s ~Ay ts~u) _ (SEwU ~ 19 65 ~ 1 State Revenue 20idfplG]fiKd~DiaCif~d~G~QiDCd~iqX • NOYV, THEREFORE, the MORTGAGOR ior the purpose of securing payment of said sum of i13 ~ lOO. and the performance of ths covenants and agreements hereina(ter expressed, and fw dive~s good and valuable considerations, by these presents, does grant, bargai~, se11, remise, release, convey and confirm unto the MORTGAGEE, its successors and auigns, all that certain lot, piece d pucel of land, situate, lying, and beinp in ths County of St . i'uCiE-' end Sute of Florida, described ~i follows: apartment No. 204, Building IV, of ISt.AND HiDUSE CONDOMINIUMS, PHASE I, according to the Declaration of Condominium and all exhibits thereto dated blay 23, 1973, recorded May 29, 19?3 in Official Records Book 214, pages 1858-1933, of the public records of St. Lucie County, Florida, together . :vith all of its appurtenances according to said Declaration of Condominium ~ and all exhibits thereto and together with a13 tenements and hereditaments ~ thereto belonging or in anywise appertaining to said apartment~f i ' STATE ~F FLO R i[D A ~ ; ~,z DOCUMENTAR"~'° ; ~ ST{~MP in? ~ ~ ~ - " DEPT. OF REYENUE l • ~ ( ~CEIVED ' ~ ~ IN PAYMfM ~ TAllE.S ; ~ ~ P~ _~A~r~s ~ 1 9. 6 5 ~ ouE w+ aus ~c ~nT~ai~ r~asa+A ?RO~n. = ~~~oz ~YR111ytT TO C11Ar~E~ 71•134. A~CIS Ot 1l71. ,D~ ~ o ~ ~ IIO(iEw rORRAi U, ~ Rt~f aUOWT 00{IRf. Si. WGE 00. F1A ~ ~ ~ ~ r E ~ rogether with all and singular tl~e tenements, heredilaments and appurtances thereunto belonging or in anywiie appertaining thereto, and all rents, iuues, ~ proceeds snd prof~tt aaruing and ro accrue from said premises, all of which ue included in the above and foregdny desuiptan and habendum. 5 TO HAVE AND TO ,HOLD the above desuibed and granted premises unto tF?e said MORTGAGEE, its u?ccessws and suigro forevK. Md th~ s~id their ` ~~ORTGAC~OR fw heirs, executors, sdministrators and assigns, hereby covenanri with the iaid MORTGAGEE, its successors and auipro, c p rhat - t fl~ -dre - lawfuily seized of the said premises in fee simple; that the same ere free, clear and discha~ged irom all liens and encvm- ± r brances in !ew os in equity, and that the~ M,~~~ a~ their heiri shsl! w~rranf and defend the title to the tame to fhe said ~ MORTGAGEE, its successors and sssgns, forever against the lawful claims and demands of all persons; i ':j PROVIDED, AIWAYS that if the MORTGAGOR shall pay onto the MORTGAGEE the promiuory rate hereinbefore dewibed snd sF~all truly, p?omptly and fully perform, d~scAarge, execute, complete, comply with and abide by cach and every the stipulations, sgreements, conditions and coven+n» of asid ' prom~ssory note •nd of thii Mortgsge, then this Mortgage and the E:tste hereby ueated shall ce~se and be null and void. r ::s IT IS UNDERSTOOD thst the word "Nbrtgsqw" whether in the singular a plural anywhere in this Mortgsge, sh~ll be singular if one only and ; ~ shall be plural jointly and seveully if more than one, and that the word "their" ss used s~ywhere in this Mortgage shall be taken to mean "hn;' "ixn," ~ or "its;' wherever the context so implies or admils. Also, that wherever there is • referente in the cove~antt +nd a9reemenri herein contsi~ed to any of i ` rhe parties hereto, the ssme shall be construed to mesn at well a: the heirs, legs) representstives, successors and assigns (eitFxr voluntary by ~d of the i parties or involuntary by operation of the law) of the same a~d that the covenants herein contai~ed shall bind ~nd the benefits and advantapes inw~ ~o the respective heirs, legal reprexntatives, iuccesson end ass~gns of the psrties hereto. . 4° And said Mwt ors, for themselves snd their heirs, 1 al re esentatives, successors and asi ns, hereb intl •nd uverall covenant snd ree fl~9 ~9 W ~9 Y lo Y Y ~ ro and with the said MORTGAGEE, iq successors and assgns: 1. To psy dl ~nd singular the principat and interest snd the varian and sundry sums of money paysble by virtue of said promissory note, ~nd this ; mortg~ge, each and every, promptly on the days respectively the same uverally become due. ` i ~ 2. To p+y +11 ~nd sinpular the taxes, asussments, levies, lisbilir'~es, obligsfions ~nd lnttlmb?~nCH of every nature and kind now on said described x; property, a that hereafter may be imposed, suffered, plxed, levied, or aasessed thereon, a that hereafter m~y be levied a assessed upon this Mort¢ ~ age, or the indebtedness secured hereby, e~ch and every, when due and payable, accwding to law, before they become delinqvent, and before a+y i~terat attaches a any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD iHE SA1NE SHAII BE PROJNPTIY SATISFIEO AN~ DISCHARGED OF ~ RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSEO ~ OR CERTIfIED) SFfAII BE PLACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof a not paid, sat"sfied and dischsrged sa'd MORTGAGEE may st any time pay the same a sny parl thereof without waiving or affecting aey option, lien, eqvity a •t~ht under w by virtue of th~~ mortqage and the full amount of each and every such payment shall be immediately due ~rx! p~yable snd ihall beu interest ~.om the date thereof vntil paid at rate of nine pe? centum per annum ith such i 11 be secured by the lien of th:s mw9tape. ~ ~ ' 'u` ~ ~ .~.~:;~~'`t.~ ?n ~4?~.~_ _ . ~'~s ~~s