The URL can be used to link to this page

Home My WebLink About0240 t - - , ' ^ ~:~1 J 3 - ~ - . ~ ~ ~ ^ ~ ~ ~30~.~19 THIS INDENTURE, Made ~he 3rd day of ~YCh A.D. 19 75 between Wilb r R. Grimn and Clara V Giivan, hi4 vrife of St• i'uCi@ _ Coun?y Floride, here~naite~ des~~nated as the "MORTGAGGR;' and FIRST FEDERA~ 5.4VItdGS AND LOAN AiSOCIATION OF fORT PIERCE, a torporation o~9anizcd and exis~ing undt? 1he ~aws o! Iha Unitp~ ~~~~qf ~rica and having iri ptintipal pl~p of busmess in the Gity of Fort Pierce. St. lucie County, Florida, hereinaf~er des~~nated ~'!4{~ "J~RTdAG WHEREAS ths MORTGAGOR ia justiy indebted to the MORTGAGEE in thc surn oY S_~~~~~ pood and lawtul money of the United Srares ad+anced by the 1.tORTGAGEE unro the ~dOR~GAGOR, as eviJenced by a cr:tain promissory nole oi even dale herewith, of which the fo~towing in ~nu:ds and figures is a true copy, tow~t: s 12~ 000. 00 N, 10021205 Fon Pieres, Fiw~a., March 3 ~y~ Fw vaiue rece~ved, 1, ~ve or r+ther of i:s, prom:se ro pay, without defalc~~no~., io ~he o~der of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF 'CiKT PIERCE at Fort Pirrce, ~lurida, tne svm ot 5~2~~~=~ w~~`~ ~~``r'=st f~em date at the ~ate of 9~2~ per ann~m, in monthly install- - - - ,:s as (o;:ows: Sll~!QQ on the _zOthdey of _._~Y11__. f9_.75_ ond a like sum on tha corresponding day of each month ihere- a•rer u~~}it the whole be fuUy ya~d. Each installmen! first shal~ be app!;ed in pay~oenr of the :~~eresl and fhe~ on the unpald balance o~ the p~~nupal •um. (f default is mads in the ;;;~nant of any insratlment wnrn due, and such d~iault con+inurs 30 days, then at th~ op!ion of the holder, and without any other notke, all the remai~ing ~~svel:ments shall be due anJ payabie at once. Pr~v~~egz is given ta prepay lhis oore in v1F.ole or in part at any time without penalty. Neither forebearance, ~.or acceptance Ly the hcldzr thercof after an~~ dufauit in any payments herean, shall be deemed extension. A late payment charge of S g` 5O shall be ~!ad to each instefiment remain,ng unpa~d J day3 after its due date, and a ~ikc sum snaU be added to ea[h wch instaltmeot remaining unpaid 7 days aft!? ~rach wccerdfry pa~ment da+e. Each maker, surety ar.d er.dorse~ herrof, jointfy and sererally, waives demand, presentment protest and not~te oi protest for nonpaymeni, sod i~~ii.r~ ~~:ees to any extent~on of n:~,e of pay~nent, ~~~ri~.:r beforo or oSter maiurity, witno~~ noKce to am~ of us; and to pay aU costs oi collection, inelud;ng a :,sondbi! atto~ney's fee in the evc~t of any ri~',",,:r herevnd~:r, anti nereby •seve~afly waives al9 benefit of homestead and cxemption under the consti~ution ~ d~aws oi eacF S<ate of the Umted States, as aya~r•st th~s obl~gation or any txt~nsion or renrwal hereof. Ylitness 1he hand and seal of ea.h par:y. s/wl i lbur K. Gr imm ~A~ (s~?U s/Clara V. Grimm (SEAIj tsEnu _._~8 • ~ --.i State Re~enUe .ssaptsss~~s~~m~~ saae NO'~H, THEREFORE, ths MORTvP.GOR for the purpose of secvri~lg paymr~r of said sum of S 12 +000• , and the performance of the cc:enants and agreements hereinafrer eap~essed, and fw d~vers good and va~uab:e cons:deret;ons, by these presents, does grant, bergain, sefl, remise, ;,~vse, co~vey and co~~lirm wto the MORTGAGEE, its s~«essors and assigns, aU ti:3+ certa~n lot, piece or parcel of land, situate, lying, and being in tha Co~nty of St. ~-LC?e _ , and State of Fbr~da, desaibed as follows: Lot ib, Block 4, UNIT #1, RIVBR PARK, as per plat theYeof recorded in Plat Book 10, Page 69, of the public records of St. Lucie County, Florida,~ ' ~ ~~QR~~ ~ ~ f ~ _ A EN~ A~~ ~ s^I 4 ~ ~ v y.•.; { A r. m ~OC~M~E~i~.~~UF- 1 . - ~ - i P F ~ y r Cx r-- DE j,~_6•1'' € c ~ ~ ~ ,yy~ t ? G ~ P.g- g ~ o t'r`~ ~ ~ a ~ ~ ~ ~ ~ ~ i IN P117MFM ~ T~ i ~ ~ p~i~ a~i ~io qu~'rE~ il~'?, ~ i9 ~l ' ~ ~ PoRa?.s : ~ ~ ~ER1( CIRCIII~ C0~1Rj~ Si. UfClf CO.. ~ ~ •~~ether w~th atl and singular the tenemems, hered~taments and appurtancet thereunto belonging or in anywiie sppertaining th~veto, and all rents, iuues, •eceeds and proi~rs accru~ng and to acuue from sa~d premises, all of whith are included in the above and foregang desuiption and hsbendum• :t TO HAVE AND i0 MOlO the above described and granted premises unto the uid MORTGAGEE, its successort and ass'rgns forever. And 1he said r~RTGAGOR for F.eirs, exetutors, adm~nistrators and assigns, hereby covenants with the said MORTGAGEE, itf suttessors and asaipro, ' `y ~e - thQ aIe -!awf~lty seiied of the said prem~ses in fee simple; thst the same sre free, dear snd dixharged from all liens u~d Mctim- - _ ::•ances ~n law or in equ~r~, and that they will and _ thelr . heirs shall warrant and defend the title to the same to the uid '.17RTGAGEE, its successors and assig~s, lorever against the lawful claims and demands of sll pertons; ?1 PROVIDED, ALWAYS that if the 1~10RTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe described and sh+ll truly, promptly , ~-.d fu'iy perform, dixharge, execute, comp!ete, comply with and abidc by each and every the stipulations, agrce:nents, cortditions and toveosnft of s+id ;misaory note and of this Mortgage, then this Mortgage and t6e Estate hereby created shall teax and be null and void. F-v IT IS UNDERSTOOD that the word "Mor~gagor" whether in the airtgular w plural a~ywhere in this Maty~ge, ~hall be si~pular if one only ~nd sF-~Il be plural jointly and severally if more than one, and that ~he word "the~~" as used anywhe~e in this Mortgsge shall be taken ro mean "his;' "hen," ~st! "its," whaever the conteat so impiies or admits. Also, that wherever there is a refercnte in the tovenanri snd agreerteents herein cootained to ~ny o( ~ ine partirs here~o, the ssme shall be const+ued +o mean as well as the heirs, tegal representatives, successo~s and assigns (either voluM~ry by ad of tM parties or involuntary by operation of the law) of the same and thaf the covenants herein tontained shall bind and the benefiri and advantspes inure ' the respecfive heirs, legal rep.eseMat:ves, successors and ass'gns of the ~ai ~es reto. ~ ' And said Mortgagors, for themselves and their heiss, legal representatives, successors and ~ssigns, hereby jointly snd severally coven~nt and agree ~ ro a~d with the said MORTGAGEE, its :uccessors and ass~gns: ~"n' 1. To pay, all and singular the principal and interest and the wr~ous and sundry sums of money payable by virtue of said promissory note, ~nd thii -~,ortgage, each and every, promptly on the days resFectively ihe same xverally become due. ss 2. To pay all snd fingvlar Ihe taxes, assessments, levies, liabilities, oWigations and entumM~nces of every natv~e snd kind ~ww on said desuibed a~~~ 4.f property, or that hereaftcr may be imposed, suffered, plated, levied, w auessed thereon, ot that heresfter m~y be levied o? assessed vpon this JlAort¢ ~"s y, ry, when dve and payable, ~ccording to iaw, befae tF~ey becane delinqvenf, and befw~ ~ny inter~st y~ age, w~he indebtedness secured hereb each and eve e+~eches or any penalty is inc~rred; AND INSOFAR AS ANY TN[REOF IS Of RKORD THE SAME SHALL 8E PROMPTLY SATISf1E0 AND DISCHARGED OF '~~y ?ECORO AND THE ORtGItvAI OFfICIAI DOCUMENi ISUCH A5, FOR INSTANCE, TNE iAX RECEIPT OR THE SATISfACTION PAPER OfFICUIIY ENDORSEO - ^_.R CERTIFIED) SHAtI BE PtACED IN TNE HANDS OF SAID MORTGAGEE WITNIN TEN DAYS NEXT AFTER PAYMENT; and in the eveM thst any thereof is not ::a:ci, sa? sfied and distharged sa:d MORTGAvEE may at any hme pay the ssme or any part thereof without waiving o~ sffecting any option, lien, equify or •~aM ~nder w by virtue of this mort~age and the fu!~ amount of each and every wch payment shall be immediately due and p~ysble and shell be~t int~res~ %~e-- cla•e ~'^f.•ea: cnr : pa d a* rate of n~ne per centum per annum snd together w~th suth inferest shall be secured by the ~ien of th s m.orgtage. ~ `+5' ~ ~ _ Sc,~."__ - W, , , ' . . . i?