HomeMy WebLinkAbout1550 . ~ ~~~~b5 ±
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Sth Ndititsber ~ ~ ~.u. ~v 74 b.n~w«,
THiS INGENTURE, MaJ~ ~F~ d+Y ~
Daniel Philio Grav~, Jr. and Rebecca Jean ~r av his ~ife
of SL •~.11C1@ ~py~ty pa~, het~imN~r dtspirut~d N ih~ "MORT(3AGOR." ~N+d fiRST fE~ERAI SAYINGS AND IOAN ~
ASSOCIATION Of fORT PIERCE. ~ owpaatan w9ani~d and ~xistinp und~r ~M I~ws oi tM UniNd Sat~s oi Am~riu and h+rinp itt Principa~ P~~n °f
b.+sie~s in tM City of Wrt Piua. St. luci~ Counly. Flaida. hKein+f~~ dKip^+ad aa th~ "MORIGAGEE.•• t
'~t~~ ~~'f ~O. 00 ~nd lawfu) money of tM United {
WHEREAS th~ MORIGAGOR is justy ind~bt~d to tM MORTGA '1n ta ~u~~o"s~ 0°Od
Srate~ adv~nced by tM MORIG/1GEE ~nto th~ MORTGAGOR. ~v~ by a certsio promiswq note of ~ven date l+e~~with, of wFiKh th~ idlowinp in
wwd~ and fiy~~~s is ~ trw coPY, to-wit: l~'~l1'Z'Z ;
~
~ ~ I~i~
s 2~ 000 00 • '
. ~ ~~ra, fto.;d,, Novemher t9__Z4. ;
fw wlue reo~ived, i. ws or eithe. of us, promise to pay, withoW d~f~lc+tion, to tM o?dM~dt FIRST FEOERAI SAVINGS AN~ IOAN ASSOCIATION OF
FORT PIERCE al Fai Paru, Ftorida, the sum of S 27 •~~•O0 w~~h inrerest fran date at the rat~ of pK u+nun+. in na^t1dY i^~i+~l-
,~,e~~?s ai 1o~lows: i236.~ on the 20Lh~y of ~@C@~b@Y. , 19 74 ~nd a lilc~:um on tM correspondinp day of each month ther~-
airer ~mtil t1k whole b~ fully paid.
Each iroullment ~nt shall b~ appiisd in payment of 1M ineerest and then on the ~npsid b+lanc~ of tF» prkK+pal wm. If d~f~uk b rtud~ M tM
payment of any inua~lment wFan dvs, and such def~uit conti~+ws 30 dari. Ihen ~t the option of th~ I+okler, snd without ~ny otM~ r+ot~ce, all tFi~ rertwlninp
~nstallmer+ri sh+ll be dw and payabi~ st once. Privite9e is ~iven to pr~p+Y fhis note in whol~ or i~ p+~t ~t ~ny tim~ without p~nalty. N~ 11 80 a~u.
no. acceptanu by th~. hoida tMrwf sher a~y d~feult in anY paYm~nri herwn. shatl be deemed extension. A Iste payment cMr~ of ~ • sFwll ~
added ro each instellment remaininp ~npa;d 7 d+ys ~fte~ its dw dat~, and a like wm :hall be added to each such installmant rwn~ininp unpaid 7 days after
each wcceediny WYma+t dafe. -
Each m+ka. w~ety ~nd endorser hereof, jointiy ~od saveralfy, waives demu?d. p~t3MtmM1 p~OtMf +ed notia of protest for nonpayment. ar?d fur1M?
d~rees ro•ny eatension of tY+a of p~yme~~, eitMr beforo w aftN mawrity, withovt notice to any of ut; ~nd to pay atl cosh of collection, iocl~eq •
~easonab{e attwney's fee i~ tlK event of any defsult harwnde~, a~d herepy _teveraily waives all benefit of hanestead and exemplion undK the consNhition
a~~d laws of each Stste of fM Unired States, ss +gainst this obl'opation w~nY exlcnsion w renew+l hereof. -
Witness the hand ~nd ssal of sach party.
~ (S~~~U
S/ Daniel Philip Gray, Jr. ~
. (SEI?U
. S/ Rebecca Jean Gray ~
~ ~40. 50 ) st•» Rewiw. ~
NOW, 1HEREFORE, ~l~e MORTGAGOR for tfis pwpose of secvrinp psyment of said sum of S 27a~~•~~
covenants and agreemenri herein~ha expressed. and for divers Qood and valwbls conside~ations, by thae pres~nts. do~s prant, bar9ai~+, sdl, ~smise.
refeas0. oonv~y s~d confirm unto the MORTGAGEE, its successo+s +nd ~uipns, all 11~+1 certaie lot. pi~u or patul of land, dn++te. lyinp. +nd bti^D h th~
County of St. I.I1Cle and Stats of Fbrid+, dacrib~d as follows:
Lot 30, Block 122, Unit 10, LAIffiWOOD PARK, as per plat thereof on file in PlaL
Book 11, pages 29A, 29B~ 29C and 29D of the public records of St. Lucie County,
Florida
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r~c ~P ~ "r = ~ '~IN PAYMEIR ~ ~81
% Po- Dl~ ON Cl/4SS ~C' lNTAN9iilF PEII~ML P~Yt ~
' ~a ~ ~;tQ~ _ . PUR~IANi TQ I~iI1flER 71•134. AGTS ~ 191L "
" E' o - ~EJt IOtTRAS ~
• . pFpX q~OUR OOIMR. ST. WCIE 00, fUl
rogrtMr with all and sinyvlar the tenemanb, her~dit~menn and app~+rtances th~rw~+lo belw~pirg o? 1n +~YW~ +PP~~ainirg tMttto. ~nd dl rents, iss~na.
e+«eeds snd profin +cc.uing and to mrue from iaid premises, all of whid~ ue included in tM +bovt +nd forpoir~p d~W1PH°^ ~^d F?~bandu~^'
TO HAVE AN~ TO HOLD the sbove desvibed and yranted premises vnto the said MORTGAGEE, its woasson +nd ~aip^+ forw+r. Md tM ~+~d -
MORT~p~p t~ lr - he'us, executors, admi~+istn~ws end auigro, hereby oovee+ots with th~ said MORTGAGEE, iri woasso~s ++~d sssip~s.
Llie~ 8=@
rhar lawfuiy uiud of tt+~ i+id premises-in fee irnpler that-th~ s+m~ u~ fns, clw and d'ach~rped fran all li~m'ard ~nown~
t.ances in law or in equ7tY. +nd tha~ they will snd t he ir h~in th+ll warrud and def~r?d t)w titl~ to the ~am~ to tht i+id
~rORTGAGEE, in sucusson +nd +siiyns. iwere? +9+i^~t the lavrivl claiiru and demands cf dl penoros ~
PROVIDED. AlWAYS thst if the NIORTGAGOR sMll pay vnto the MORTGAGEE the promiuay noN h~remb~fon dau~ed and shd) trvly, prompth/
~ and tully perfwm, discMrye, execute, compkte, comply with snd abide by each a~d svery the stipulatio~s, apreemer?b, conditian and cov~nu?ts of i+id
c~omissory note and of tha Mortgaye, then this Mwtgage and the Fstats her~by asated shdl uaa~ and nul! and wid.
IT IS UN~ERSTOOD thaf the word "Mwty~go~' whether in tM urgular or plun) anywFnrs ln this Nbrtyp~, sh+ll M sinpulu if on~ only aed
shall be plvral jointly and severally if mw~ thar? one, snd th+t th~ word "tF+eir" a used ~nywM?~ i~ this Mot?Q+y~ ~II be tak~n ro nKan "1ds." "h~n." ~
or "its:' wherever the context w implies w admits. AIs9, th~t wherevar Ihen is ~ referer~ ir? tlw cweMnb ~nd +Ore~menis her~l~ oontsi~ad to any of
the putiss hereto, the same shaN be construed to mean ss well aa the Min, leq~l ~eprsseMStiva: wootsson snd asslpns (~itMr volumM? b1l ad ~ t~
parties a involvntary by operstion of ths law) of the ssm~ and that ~he covensnn h.r.in ca:uined shalt bind .nd fM b.nefia and advanrap.s inw~ ~
ro the r~s~ectire heirs, kgal representatives, succeuon u+d ~ss~yns of tl~e p+nies he~eta ~
W
Md ssid Mortgs~ors, for then?s~ives and tMir F~ein, kyal rspressntatives, s~aessors and +ssipro. hKebY lointh +^d s~vually coven+nt ~nd apr~e ~
to and with Mrc said MORTGAGEE, its succ~saors +++d +sspns:
1. To p+y all snd sirgular th~ printip+l and interest snd tM v~riovs and wndry sumt of ~Y P+Y+~ bY ~i?~w ~ s+~ PfOf^~~Y ^Ot~•
R,o~tg~e, sxh snd ~very, promptly oe ~he dsys respsctivdy the sam~ sewr~tly becane due.
- 2. To pry ~II u~d sirgula Hw ta:ea, assessments. l~vies, liabilities, oblip~Y~ora and toarmbranc~s of srtry n~tur~ and kind now on said d~w~d
- propKty, a th~t hereafter mry b~ imposed, suffaed. Placed. levied. « aeessed tFweon, a thst Mr~~fla m~y be Iwied w~ssas~d upa~ thb Morq~
age. u tM b+debt~dness seoured Frorabr, sacfi s~d every, whan dw and paysble, aaordirg 10 law. b~fw~ thty becortM dtlinqwnf, and Miw~ ~ny im~?ett acG
atlscMf Or ~m/ penaltY if intWred; ANO INSOFAR AS ANY iHEREOF IS OF RKOltD THE SAME SHALl SE PROMPTLY SATISFIE~ AND DISCHARGfD Of C~
REtORD AND THE ORIGINAI OfFIC1Al OOCUMENT (SUCH A5, FOR INSTANCE, THE 1AX RKEIP? OR THE SATISFAC710N PAPER OFFICIAUY ENOORSED
OR CERTIfIED) SHAII BF PLACE~ IN THE HANDS OF SAID MORTGAGEE WITHtN TEN ~AYS NEXT AFTER PAYMENT; ud in tFk went tF?~t any tMreof is no1
pa~d, s~t:sfied and discharyed sa:d MORTGAGEE msy at any tirtce pay the same or sny part the~eof witho~rt waivinp w affectii+p any optian, lian, pwty ot
•~qht ~nder or by virtue of rhis mo.tgaye and the full amouM of e~ch and every wch paymeM shall be immediately dw and p~yabl~ and ~hall beu intKtat
i.om the date tFerecf ~nr~l pa~d a+ rate oi nine per centum per ~nnum ~nd toyNhe? wifl? wch intp~st shall bt ttcwed by th! lien of th's morgtage.
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