HomeMy WebLinkAbout0111 ~U43~~
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THIS INDENTURE, Mad~ tne 27~ch day os Max~h ~ A.D. 1915 ~ between
_ - wi bur_R. Grimm and Clara V. Grimm~ his_ wife
_ S~ 1.L1C~@ ~~nty flor+da, hereinafte~ desiyr~a+ed as the "MORTGAGOR," and FIRST FEOERAL SAVINGS ANO IOAN
ASSOCIATION OF fORi PIERCE, • corporanon organ~eed and exi~ting under 1he laws of ths Un~ted Sta~os oi Americ• and heving its printipal pl~c~ oi .
busmeu in the City of Fort Pie~cs, St. lucie County, Horida, hereinafter designated as the "MORTGAGEE:'
WHEREAS the MORTGAGOR is justly indetted to the MORTGAGEE 1~e ~~m of 3_Z~~~Z~ , good and lawful money o( the Un:ted
i~~tes advanced by the h10RTGAGEE unto tha MOkTGAGOR, as ev~dented by e certain promisswy note ol even date herewith, of which the foilowiny in
da and ligures is a trua copy, to-vrit:
s 2., 000. Q0 , , . ~ . , ~ 10021243
Fort Pierce, Flwida, Mareh 27 ~q75
Fw value received, t, we or e~ther of ~~s. promise to pay, without de4a~cat~on. to ~V,A oruer of i1R5T FEDERAI SAVtNG$ AND LOAN ASSUCIATION Of
~;~T PIERCE at fort P~rrce, f:ori:1;, ~he sum of S~Q~~~~ w~t'~ ~n'~rest from date at ~he rate of _~t?.~6 per a~num, in moathly install- ~
~s as to~iows: S-19!O0___ on th~ _2~haay at 1975- _ and a like sum on the cwre:ponding day of each moMh there-
~ e; ~nhi the wt:o!e be f,~lly Naid:
Each ~ns~a~iment f~rst shall Ir_ app':.d in payment oF tha inte.est and tF~rR vn t>>e i,npaid (wla~~ce of the principal sum_ If default is inade in the
, n~nt o( any ~nsrai~ment whrn d~e, ar,d such a=fault contin~es 30 days, tnen at rne epr~on of the holder, and witho~t any other not~ce, all the remaining
, d;rnents shail I~ due and payao'c at o~cr Pnv~teye is grvan to prepay this nate in whole or in part af any time without penalty. Neither forebearante,
- o~ acceptance by the Foider thereof afir~ any deiault in any payments hereon, shalt be deen,ed extensio~. A Iate pa~ment charge of S_! 95 shall be
i_J ta each ~nstal~ment remair:~ng unYj:d 7 day3 after its due date, and a 1~i:e s.n. sh.~ll k~e addz~! to each such installment remaining unpaid 7 days after
~h s~cceeding paymer.~ da!e.
Each maker, svrety and endorse~ hereoi, ~q~ntty and severally, wa~ve: dc•:na:,d. pre:entment protest and notice of protesl for nonpaymeM, and further 7
;rr ~s to any e.tens~cn uf nme of payment, e~iher b:fore or after matw~r~, w~rf~ovt ro+~c~ to any of us; and to pay all eos?s of co!lectio~, indud;ng a ;
, .~~able attorrcy's tee ~n the e.ent of an~ d~•`au't hzre~nder, and hereby se.~raily ,naives all benefit of homestead and exemption under the ton~titution ~
. aA: of rach Srate of !ne Un~ted Stetes, as a,+a',:s~ tn~s oulr~ation or any r~•e~~s;o~. or renewa{ hereof. i
LYitness the hand and seai of each party.
S,lWilbur R. Grimm (SEAL)
ts~?t~
_ S/Clara V. Gr imm (SEAL)
_ _ `53~~~ ---3 5'ate Reaenue (SEAI)
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NON, THEREFCRE, the MORTGAGOR for the purpose of sec~r~^.g payment of sa~d sum of s- 2~ ~ ~ and the performance of the
,_.ef,ants and agree+ne:~ts hcre;nafter exp~rssed, and for diver: good and va~~able :ons~derafionf, by these p~esents, does grant, bargain. sgll, rem~se,
r~se, ccn+ey and con+lrm unto the MOR'•GAGEE, its auuessors and as:~g:~,s, at! !t•at certain lol, piete ot petcel of land, situate, iying, and being in the ~
~c.;nty of _ St. Lueie , and State of Flor;da, desc~etxd es follows: }
~ot 16~ Block 4, UNIT ~1~ RIVER 1'ARK, as per plat thereof recorded in Plat Book s
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10, Page 69, of the public records of St. Lucie County, ~I.orida,? _
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This is a second mortgage being junior and inferior only to a prior first
mortgage from inor~gagors to mortgagee dated March 3, 1975 and recoYded in
. O, R, Book 237, page 239, Public RecoYds of St. l.ucie County, Florida~ ~
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~ •r.;~~her with ail and singular the renements, hered~taments and appurtances thereuMO belonging o~ in anywiu appertsining fhereto, and all rents, iuues, ~
~ .•,ceeds and profits accruing and to accrue irom said prem~ses, all of which are included 'm the above and iwegang dewiption and h~bendum. ?
~ TO HAVE AND O OL~ the atove de:cribed and granted premises unto the said MORTGAGEE, its successors and •ssigns forever. And the said ;
~ RIGAGOR for --t~e~Y----- heirs, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, iri successon and asfiyru, }
~ ____+hey_aYe ~awf~ity se~zed of the said prem~ses in fee simple; that the same are free, tlea? and diuharged from all liens ~nd entum- t
e~. ,'-ces. ~n law or in equisy, and that_ t_he~_ wit! and their heirs shsll warrant and defend the tiNe ro the ume fo the iaid i
§ '_%~~GAGEE, its successors snd ass~gns, forever agairst the lawful claims and demands of all persons; t
~ PROYIDED, AtWAYS that if the MOR?GAGQR shall pay unto the MORTGAGEE the promisiay note hereinbefore dewibed and shall truly, promptly
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: ,'ully perform, d~scharge, execute, complete, corrpiy wirh and ab~de by each and every the ~tipulatrons, agreements, conditions and tovenants of said „
> sso~y note and of this Morsgage, then ~his Mortgage and the Estate hereby ueated shali cease and be null and void. ~ ~
~ IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular or p~ural anywhere in this Mortgage, shall be singular ii one only u+d ~ ~
-ta' be plural jointly and severa!ly if more than one, a~d that the word "their" as used anywhere in this Mortgsge shall be taken to mean "his," "hen;'
~ r,s," wherever the context so impfies or adm;ts. Also, tha~ wherever the~e is a reference in the tovenaMt and agreements herein coNained to any oi
- e, a.fies hereto, the same shali be construed to mean as we~l as the heirs, Iegal repreientatives, successors and sssigns (either voluntary by sct of the ~ ~
? ;~r:es or involuntary by operation of the lav.) of the same and that the coven~nts herein tontaintd shall bind snd the benefits and advantages inur~ ~ `~e
~ :~he respective heirs, legal representatives, suctessws and ass~gns of the parties hereto. ;
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~ And said Mortgagors, for themselves and thcir heirs, legal reprcsentatives, sucussors and assigns, hereby joimly and severally covensnt and syrea ~ r
~ •o and with the said MORTGAGEE, its successors and assigrss: 3
1. To pay all and •ingular the principal and interest and the variovs end sundry sums ot money psyable by virtue of aaid promiuory note, and this ~
~ ~ o~r a e, each and eve rom M on the da s res rvel the same severall become due. ~
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~ 2. To pay sll and singular the taxes, assessments, levies, liabilit~es, oWigntions and encumbrances of every nature and kind now on said described Oen
~ oroperly, a thal Fxreafter may be ~mposed, suffered, plated, levied, w assessed thereon, d tl?at hereafter may be levied w usetsed vpon fhis Morty-
~ ~gs, or the indebtedoe~: secured hereby, each and every, when due snd payable, accwding to law, before they become delinquenf, snd before any iMerest
_'r-.c~~es or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROMPTLY SATISFIED AYD OISCHARGE~ OF
wcCORU AND TME ORIGINAL OFfICIAI DOCUMENT ISUCH A5, FOR INSTAP3CE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICIAIIY ENDORSED
G7 CERTINED) SHAII BE PIACED IN THE MANDS Of SAID MORTGAGEE WITHfN TEN DAYS NEXi AFTER PAYMENT; and in the event that any thereof is not ~
: a:d, sat'ified and discharged sa'd MORTGAGEE may at any nme pay the same or any part therQOf without waiving or affecting any option, lien, equity w ~
•~~nr under w by virtue of this mortgage and the full amount of each and every such paymenf shall be immediately due and payable and shall bear iMerest
f~r^ ~~e dr.~P rho•ec~ ~ c~ d a~ rare of n~ne per cen+um per annum and toge~her w~th such interest shall be setured by the lien of th s morqtaqe.
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