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HomeMy WebLinkAbout2428 ;~~~4~ ~ ~ THIS INDENTURE, Mad~ the 7Lf1 ~y of FQbTl1~lY~? A.D. 19 74 between Monte C. Griff n and ShaYOn L. Gr ff n, his wife of $t • ~+uCi@ ~pinty Florida, he~einafter designafed •s the "MORTGAGOR;' snd fIRST fEUERAI SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE, • corpwation ory~nized ~nd exis~ing unda the laws of th~ United St~t~s oi Americ~ snd Mvinp its principal pl~ce of busineu i~ tM City of Fwt Pieres, St. lucie Cou~ty, Flaida, f+~~~inafte~ deei~nared as tl?~ "MQRIGAGEE.'• ~ WMEREAS tM MORiGAGOR a justiy indebted to the MORiGAGEE in the sum of i 29 good and Iawful money ot the Un~ted S~ates advanced by the MORTGAGEE unto the MORiGAGOR, as evidenced by a ceru~n prom~uwy ~ote of even date herewith, oi wh~ch the following in words and f" ures is • trw copy, to-wit: 1002~23 i 29, OOi~. 00 No Fort Pisrc~ Florida, Febr uaYy 7 19 7 for value received, 1, we or eithe~ of us, p~o29~ _palr,'~O t defalcation, to the orde~ of FIRST iEDERAI aV~GS ANO LOAiV ASSOC~ATION OF ~ FORI PIERCE at Fwt Pierce, Florida, the sum of S ~~U _ with inferest from date at the rate of • ~ per snnum, in monihly install- ~-~e~u as follows: t239•~~-_ on the 2Ot•tJay uf ~Y 19 74 snd a like sum oo the corrospon+l;oy day of each momh therr after until the whote be fully paid. ~ Each installment fi~st shall be appl~ed in payment of the interest and ~hen on the unpaid balance of the p~incipal wm. If default is made in the ~:ayment of any inalallment when due, and such defa~lt continues 30 days, then at the optio~ of the holder, and without any other nctice, all the remaining ~nstallments shall be due and payable at once. Privilege is given to prepay this note in whole a in parT at any time wilhout penatry. Neit}~er forebearante, nor acceptance by the holde? thereof after any default in any payments hereon, shalt be dcemed ex~ensio~. A lata peyment chsrge of ~l i. 95, shall be added ro each in~tallment remaining vnpaid 7 days afte~ iri due date, and a like sum shall be added lo each such instailment remaining unpaid 7 days aftet each svcceeding payment date. - Each maker, surety and endo~ser herepf, jointly and severally, waivea demand, presentment p~otest and rtolice of protest tor nonpayment, and fun}~er 4 ag.ees to eny extension of t:me of payment, either before or aftrr maturity, without notrce to any oF us; and to pay ali costs of coilection, includ~ng a ~ reasonable attorney'a fee in the event of any default hereu~de+, and hereby severally waives all benefit of homestead and exemption under the constitution f < ~~:d laws of each State of tfx United States, as against this obtigatian or any extrns+on or ~enewal hereof. Witness the hand and seal of each party. _ (SEAI) ' - s ~tonte C. Griffin ($EAL) (SEAI) ~ $43.50 s/Sharon L. Griffin ~y ( ~ State Reven~e Ee+ew~p-ow+s~N~d~er~-ai9iws? we~e~ NOW, THEREFORE, the MORTGAC~OR for the purpou of securing payment of uid sum of i29 ~ 000. OQ ~ and the pe?fwmance of the 1 ccvenants snd agreements hereina(tcr expressed, and for divers good ar.d valusble consideratians, by these presenb, doe~ grant, barga;n, sell, remise, release, convey and confirm unto tha MORTGAGEE, its succeuors and auigns, all that certain bt, piece a pucel of tand, situate, (ying, a~d being in the County of St. LuC1Q at,d State of Ffwids, dewibed as follows: ~ot 26, Block 162, LAKEW~OD PARK UNZ? 12, according to the plat thereof on file ; i in Plat Book 11 at pages 26A and 26B, Public Records of St. Lucie County, Florida, ? . ~ ~ ~ ; , .oR~°_~".' ~ ' ~ 5 ; PM N Pv _ ~ 3. ~ 4 ~ _ oo ~ NE~'~ lk ~ c% °O 9~'P ~ t` RECEIVED IN PAYMENT OP 'tAl~ z ~ pe. p~ Oh C~/?SS 'C INTAN616tf PERSO;LIL PROPERIY~ ;`cJ, c-' ~t~?c'- pU(tS1MNi TO C~1ER 71•134. ACTS OF 1971. o, ROGER POfiRl~S f,LfRK GIRCUIT OOURT. Si. LUCfE C0, F[A ~ ~ i I 4 S t rogether with all and singular the tenements, hereditamenri sr~d appurta~ces therevnto belongi?g or in ~nywiu apperlaininQ tlxrelo, ~nd sll renti, iu~es, proceeds snd profits accruing and to accrve irom said premixs, all of which sre included in the above and fwegoir+~ detuiption +nd F?abendum. _ TO HAVE ANO TQ H¢tD the above desuibed and gnnted p?em~scs unto the said MORTGAGEE, its successon and suigns forever. And ths s~id 'r MORTGAGOR for tAelr F~eirs, executors, administrators and assegns, hereby covensnts with the said MORTGAGEE, its successors and auiyro, they_ are ~hat lawtully seized of the said prem~ses in fce ~imple; that the same ue free, clear and diuharged from aIl liens snd encum~ brances in law or in equ~ty, snd that they W~~~ a~ their heirs shat! warrant and defend tke title to ths ume to the said MORTGAGEE, its successors and assigns, forever sgainst the lawful claims and dema~ds oi all persona; PROVIDED, ALWAYS thst if the MORTGAGOR shall psy umo the MORTGAGEE the promissory note hereinbefore destribed and ihall truly, promptly and fully perform, d~xharge, execute, compkte, comply wi~h and abide by each and every the stipulations, a9reements, conditions ~nd covenann af said promissory note and of this Morrgage, then rhi~ Mortgage and tiu Esute heieby ueated thall cease and be nulf snd void. IT IS UNDERSIOOp that the wad ••Mortgsgw•• whether in the aingvlsr w plvr~l anywhere in this Mwt9sge, shall be sir~ul~~ if one only and ~hall be plural jointly and severally if mae than one, and that the word "f heir" as vsed anywhere in this Mwtgage shsll be taken to me~n "his: •••hen: • or "its," whereve~ the context so ~mplief or admits. Also, that wherever there is a seft?tnca in the covenann snd agreements herein contsined to +ny of ~ the parties hereto, the ssme shall be construed ro mean as well as the heirs, Irga! rtpresem~tives, successon and auigns (either voluntary by act of the ~ parties or involumary by operation of the taw) of the same a~d that the covenanfs herein contained shaN bind and the benefits and adv~ntages !nu?f - ro the respective heirs, legal reprexntetives, successors and ~u~gns of the parties hereto. ? And ssid Mortgagors, for themulves snd ~heir heirs, legal representa~ives, succeuors ~nd suiyns, Mreby joindy ar?d severally covenant and ayree to and wifh the ssid MORTGAGEE, its svcces~on and auiyns: ' 1. io pay all •nd singulsr the princip~l and interest a~d the vario~s and iundry sums o/ money payable by virtue of wid promi~sory note, ~nd this mortgaye, exh snd every, piomptly on the days respectively the s~me severally become due. 2. To psy a!1 and sirgvl~r the taxes, ass~esunents, levies, li~bilities, obligations and e~cumbr~ncet of every n~ture and kind now on iaid described property, a that hereafter msy be impwed, s~ffered, pl~ced, levied, w sssessed thereon, a that her~~fter may be lsvied w essessed ~pon this Morfy- age, o~ the indebtedness ucured hereby, ~xh and every, when due ~nd p~ysble, accwdiny to I~w, befwe they bscomt delinqve~t, and befwe ~ny imeres~ attathes w any penalty is inturred; AND INSOFAR AS ANY TMEREOF IS OF RECORD THE SNNE SHAII BE PROMPiIY SATISfIEO AND OISCHARGED Of RECORD AND THE ORIGIhAI OFFICIAt OOCUMENT (SUCH A5, FOR iNS7AtVCE, TME tAX RfCE1P1 OR THE SATISfACTION PAPER OfFiCIALIY ENDORSEO OR tERTIFIED) SHAII BE PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event thst any thereof is not pa1d, sat sficd and discharged sa'd MORTGAGEE may al any time pay the sartx or any part thereof w~thout wsiving or affecting any option, lien, equity w ~ipht under or by virr~e of this morrgage and the full smount ot each and every such payment shall be immediately due and payable and thall bear interest ~rom the date thereof until paid at rate of n~ne per cemum per a~~um and together w;th such interest she1F F~sqy~~y wh~ liey~o( `h' ~ rgtage, 'J/, ~