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?HIS IN~ENTURE, Made th~ 28Lh day of JanuarY r~~~~~ , A.p. 1975 bttw~ea
~ Law~nce P. Gradin_and ~telw '
- t ~ . 11
-.s .:r~
of St . ~.UCie Covnly ilor;da, hereinaf~~r desiy~atcd ~s tF+s "MORTGAGOR." 'a~d FIRST FEUERAI SAVINGS ANO LOAN
Ai50C~AT10N OF FORT PIERCE. ~ torporat~on orpuuud and eais~iny w?dar tFw lavus o1 tM Ur?it~d ~atTof-IIR~ariu and Mvinp ib principal pl~c~ o(
6us~nets in tM City of Fort Pieru, St. Lucis Counry, Ftorida. F~einafter desipnated ss ely °MORTGAC`iFE.". .
WHEREAS rM MORTGAGOR is jus~ly i~deb?ed ro the MORTGAGEE in Me surw of j4`~ good and lawful mor+ey o( the Unlted
;ratcs advanced by the MORiGAGEE un~o the MORiGAGOR, •s evc~nced by a certain ptamiuorr~oot~ n(•even date herewnh, of wh~ch the followinp G?
:.o:d~ and iiy~res ia a?rue coPY. ~o-wit:
s_ 29 , 700.00 10021161
F~ P~.n. F~o.~a+, January 28 ~g?5
Fw val~e rece~ved, I, ~ve w either of us, prom:se to pay, wirhout defalcat„x~, to ~he ordt+ of FIRST FfDERAI SAVINGS AhD IOAN ASSOCIATION OF
=.~aT PIERCE a1 Fort P~erce, fionde. the su:n of +~i~~~-~Q---- .nreresi 7~v~,~ ~ete at ti+o rite ui ~S~e'.e pt~r annum, in monthly install-
n as fo~!ows: 26~ .OO~ on the ~ day uf 19_Z~ _ and i lika s~n on the cwrcspond~ny day of each month there-
~•~rr ~ntil the whole b! fully paid.
Each installmcnt fint shall be appi~ed in paymeM o~ the ~~terest and thr~ ~n the unpa;d balance oi the p~incipsl wm. li default is made in fhe
; ~,~~,ent of any ins~a:ment when dve, and such defa:.lt com:nues 30 days, then at tha oprion of the holde~, and witFw~t any otlxr not~ce, a11 the rem~i~ing
„ra!:me~~ts shatl be due and payabk at oncr. Pnv~lrge is given fo prcpay th~s oose ~n whole o~ in part d any t:ma w~thout penafry. Ne~ther faebearance,
-e- acceptance by the holder thcreof after any defau!t in any payment: herro~, s.h~lt br deer~ed e:tens~on. A late paymeM ch~~ge of =13•0O siull be
-u:led to each instal,ment remainirg vnpa;d 7 d+ys after iK due da?e, snd a:;ke ivm shall tx addrd ro each s~ch installment remainirg unpaid 7 days sher
~ach sutceedirg payment date.
Each makei, surety ar.d endorser hereof, joinily and severaify, wa~ves den+ard, p+eseMment prOtest and notice of protest fw nonpaymtnf, and further
,3reea to any extens~o~ af nme of paymert, ::rtner be'ore or after matur~ry, wirho~.t r.c!~cr to any of usti and to pay aU costs of collection, ineludiny ~
~,sonsbk a+torney~s fee ~n the evenr of eny Cltfeu:I hrrru~:c1~., and htreby se:e•~+fy waives a1i bezrfit of homestead u+d exemption ~nckr tF?e constitution
~c; taws of each Ssote of the tini!ed S~a.es, as aa3:~:s1 this obl:gai~an o? any e~trr.von or renewal hereof.
W~tness the hand and aeai of eacn party.
s/Lawrence P. Gradin ~y
lsE~?q
s Helene A. Gradin ~U
~ 4 4 . 55 `
S!a?e Revenue
ir.~n,pr~+wc~11e~ ~riginai.+»to)
NO'JV, iHEREFORf, the MORTGAGOR for the purpose of secvring payment of said sum of S 29 and the perfwmance of ths
c-.enaros and agreements here~nafter exp~cssed, and fw diven good a+:~ vatwb:e consederatiw~s, by these presenfs, does graM, bar9ai~, sell, remise,
_.e:se, convey and cor.firm unto the N,ORTGAGEE, its succeuers a:+d asaigr.s, aft :hat certa:n lot, piete or parcel of land, sitwte, lying, snd beinp in 1M
: c~nty of St .~'lIC iQ - and State of Fiorida, dexribed as fot{ows:
Lot 7, Rlock 261, PORT ST. L?1CIE, SEC?IC~'1 24, according to the piat thereof
on file in Plat Rook 13, Page 31, public records of St. Lucie County, Florida.
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;ether with a!I and singuEar the tenements, iKred~taments and ~ppurtances tl~erevnb belwging w in anywise apperuining thateb, u~d ~II tents, issuet,
.~cc~eds a~d profits accr~~ng and to accrue from said premises, all of which are included in the ~bove +nd forpoirg desoriptan and h~bendan.
TO HAVE AND TO HOLD the above described and granted premisea unto the said 1NORTGAGfE, ib successas and usiqro faewr. Md th~ taid
~ ;2lGAGOR for --thel=----- heirs, e:ecutors, adm+nist~ators ~nd assigro. hereby covenanb with tF+~ said 1NORiGAGEE, its waesson and ~ssipm,
~ _thPY~Y~ ~a,Nfulty se~zcd of the said premwes ~n fee simplr, tfiat the same are free, cka~ and d'acharged frwn ~II liero and ~ncwm
~
' -~ces in !aw or in equity, and that t hey ve~11 and t he i r heirs shalt wartaet and defend th~ tittf b tM samt to th~ ssid
' :"~RTGAGEE, its wccessws and iuigns, forever against the lawful claNr+s and demands of all pe~soat;
~ PROVIDED, ALWAYS lhat if the MORTGAGOR s!wfl pay unto the MORTGAGEE tl+e promiaswy nWe he~einbefore destribed ~+d shall frvly, pomptlr •
~ -j .`uify perform, d~xharge, execute, compkte, comply with and ab+de by cach snd every the stipulations, ~y~eements, conditioro ~nd tovensob of s+id
~ ~~~sso~y note and oi thls Mor~gage, then this Mwtgage ~nd the Estate hereby veated shall aeas~ and b~ null snd void.
s
IT IS UNDERSTOOD that the word "Mortgagw" whether in the s~ngulu a plwal arrywh~rt in this 1Mortg+pe, shall be sirgulx if on~ only and
~ s~.al' be plurot joimly and sevcralty if more than one, and that tT~e wwd "the'a" as used anywhere in Nus Nbrty+ge sh~ll bt taken to mssn "his," "hers,"
~ -'•;ts;' whe.ever the context so impties or sdm;rs. Alw, that vrhereve~ there is a referenoe in tht cov~ob snd a~eemenb hetein oont~ined to any of pyp
~
~ •~e parties hereto, the same sha~! be construed to mea+~ as well as the l+ein, kg~l rep~esentatives, wcces~ws and assipns (eiti~et votuntary by ~d of th~ ~
~ ; artles o~ invoiuntary by operation of the law) af ttx same and that rhe coMe.~on here~+ cona~ned sh~ll ba+d and ~he b.nefns and .dvamayes inw~
~ •o the respective he'us, legal rcpresema+ives, successws and sssgrn of the pa~t~es hereto-
~ And ~aid Mortgsgo?s. ior themxlves and their hein, kgal reprexnqtives, svcasso~s and assgm. herebp jointiy w~d seve~ally cavensnt and apr~t
~ ~o and with the said MORTGAGEE, iis successws and assig~s: ~
~ 1. To pay all snd singular the p~irxipsl and i~terest u~d the va~~ovs and sw~dry wms of money paysbk by virtue of ssid promEuory note, and fhq
~~ortgage, each snd every, promptly on tM days respect~vely the same severalty become due. ~
2. To pay atl s~+d singv~sr the axes, assessmenn. tevies, liabiliries, obligations and encumbwno~s of rvery n~ture ~nd kind eaw on sai~ daa~d
~ c.,operty. or that hereafter msy be impo~ed, wfiered, placed. kvied. a assessed H~aeon~ or t!W Irreafw msy b~ Itvied w asseased upon this Mwl¢
~ age, ot tF~t indebtedneu secured hereby, exh sr+d every, when due ~nd p+yabk, auordirg to law, befo~t they be~ delip~rent, ~nd btfwe arq/ intenst ~
~fr,~hes w any penalty is incurred; ANO INSOfAR AS ANY THEREOF IS OF RKORO THf SAME SHAII dE PROJNPTLY SATISf1ED AND DISCHARGEO OF
.'cCORD AND iHE ORIGIfVAI OFfIC1Al OOCUMENT ISIKH AS, FOR INSTANCE, THE TAX RECEIPi OR THE SAi15fACT10N PAPER OFFICIAIIY ENDORSED
~~R CERTIFIED) SNAII BE PIACEO IN THE HANDS Of SAIO MORiGAGEE WITHIN TEN DAYS NEXT AFiER PAYMEtVi; and in the event tFyt a~r N~ereof is nof
~ ca d, sst'sfied and disthar ed sa'd MORTGAGEE ma at an t~me the same or + thereof without waiv' or sffect' tan, lisn, i a
~ 9 Y Y P~Y ~Y W~ ~^9 ~~^Y aP ~ ~W tY
•~~hr ~oder w by vinue of this mortqage and the ful~ ~mount of e~ch and every wch paymer+t shall be imrnediately due and payabk and s1u11 bear inferest
'~o^~ da~e +he~eo~ „n±~~ pa d a~ .ate of n~ne per cenNm per annum and topethe~ w:th iuch inte~esf shall be setured by fhe lien of th"s ~*+orgtsge.
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