HomeMy WebLinkAbout0581 /
r " ~ -~Q ~
TMIS INDENTURE. IK~d~ tl~n- 4TH d~y of .~ANU RY A.D. 19 ~.v- b~twNn
RICHARD T. GRIFFIN AND~JOANN ~1C~IN, HIS WIFE
of ST. LUC' ~ E CO~r~fy ibrid~, ~++ninafiN d~~iqn~?~d as tha "MORTGAGOR," ~nd fIRST iEDERAI SAVINGS ANO IOAN
ASSOCIATION OF fORT PIERCE. ~ corPo?~tion o?panised ~e~d ~xiati.~p undN ~M law~ of th~ Un,~ed St~~p of M»ric~ ~~d h~vinp it~ principal plac~ of
buun~u in 1M tity of Pai Iiau. S1• lutl~ County. flwida. Mr~inaft~r dt~iyn+ttd ss tM "MORiGAGEE:'
WHEREAS tM MORTGAGOR N jwtly indtbt~d ro th~ MORTGAGEE in tM s~m of i~~.:.._500. QQ 9ood •nd I.wful m«»y of tM Un~?.d
Srete~ ~dv~nc~d by tM MORTGAGEE unto tM MOQTGAGOR, ~~id~nced by a c~~ta~n prom~siory rwt~ oi ev~n d~t~ MrwvitA, of which tM ~bwino in
words ~nd fipurN U~ trw oopy, to-wit:
~ 241~00.00 N,_04-23023581
Fa~t Dierce, rto~~da, JANUARY ~F _ 19~
For value. received. I, we, a either of u~. promis~~ pto p~ay, wi~hou~ defalca~~on. to ~he ader of FIRSi fEDERAI SAVINGS~NO LOAN ASSOC~ATION
JF FC~tT PIERCE +1 Fwt Pieres, Florida, tht~wm of =_1.11~~• W,~h inte~e~~ ~~om d~t~ the rat~ o~ ~~Q'K P~~ +~^~+r^•
morohly iostallm~n~~ follow~: : 2 3/• 5 S on the lOth day oi ~ FE B RU A RY 19~.SZ M+d a lik~ ~um on
rhe corrrspondiny d~y of ~ach mo~th thtreaftK until ehe whole be fully paid.
Each insullment fint th~ll b~ apptied in paY^~enr of the int~re~t •nd then on the unpa~d ba~ance of tM p~~~c~P+~ ~um. If def~ult is m~de
, the paymem of •ny irur+lime~t when due, and such de~ault continues 30 dayf, then at 1he op~~w+ of tFr hotder, ~nd without •oy otMr not~ce.
ail thc rema~ning in~tallments shall b~ dw and psyable ae once. Priviley~ is qivtn to p~epay ~his note in whols o~ in parl ~t •ny Yune withoul
penalty. NeitMr forbeuanu nw acc~ptanae by the holder tMreof ~fttr any d~f~ult in any payment her~on, shall b~ dNmed ~xt~mio~. A Ide
~nyment chsrga of i~ ~•$7 s1++~~ be +si~ssed rhe 2eth d~y of the momh, ii a reguta~ bufineu day, w, if nor • regulM bufiness d+Y.
~hen ri+e next businets d~y. on each moethly inatallmem not tMn nceived• '
Each msker, ~urety +nd Md0?tiH her~of, jo~~~ly +nd sever~Ay, w~ives demand, present~~ent protes~ and notic~ of praesl fo? nOnp~ymM1, and
?~rrher agrees ~o anY exten~ion of time of paymcnt, titMr befor~ or ~ft~r m~~unty, wirhwt nonc~ ~o any of ut; +~+d ~o p~y cosn of colkction,
~nc!uding • reasa+able anomey't fN in tht event of any defauN hereunder, ~nd hereby uve~ally wsives bentfit of homtft~ad ~nd e:emption under
~~e const~fution ar.d law• of ~ach St~t~ of ~h~ United St~t~f, at +9~~~st thi~ obl~yarion or +ny e,cfsnsia+ w ren~w~l haeoF-
. e. .
v
S~RICHARD ~T. GRIFF IN (SEAI!
- (SEAI)
ofari doSu4:t25 s~amps in tM arno: f S_ O NN CaR 1 FF 1 N ~~q~~
4
effizcd to tM rtwrty~ t~a+r~d Mr~by.
~9 rj~~• ~nd tM nc• oi tM
NOW. 7HEREfORE, tM MORTGAGOR fa the purpos~ of secvrinp payment of s~~d s~m of i ~ P~~'^a
covena~ts ~nd prKrt~nts Mnin~ftN ~:pre~sed. ~nd for divers 9ood ~~cl v+~u+bte coroi~irrbt~ona, by th~s~ pr~i~n», dws pr~nt, b+?pain, t~tl, r~miN.
release. cw~v~y snd eonfirm unto tM MORTGAGEE. in successors ~nd +uigns. ztl tR~?t cei~ain lot. Piec~ or paresl of I~nd, situat~, lyinp, ~ed b~l~+y in tM
Cou~ty of $T . ~.UC I E ~nd Stat~ of Flwida, dew~b~d ~i fotlowr.
BEGINNING AT THE NOR~HEAST CORNER OF OUTLET 15 OF WHITE CITY, A SUBDIVISION
AS PER PLAT THEREOF AS RECORDED IN PLAT BOOK l, PAGE 21, OF THE PUBLIC
RECORDS OF ST. LUCIE COUNTY~ FLOtRDA, AT THE SOUTHWEST INTERSECTION OF SECOND
STREET AND CITRUS AVENUE FOR A POINT OF BEGINNING, RUN SOUTH 100 FEET, THEN
, WEST ~25 FEET, THENCE NORTH ~00 FEET TO THE SOUTH SID~ OF SECOND STREET,
THENCE EAST ALONG THE $OUTH SIDE OF SECOND STREET TO THE POINT OF BEGINNING;
SAID TRACT BEING LOCATED iN SECTION 4, TOWNSHtP 36 SOUTH~ RANGE ~+O EAST~
~ PUBLIC RECORDS OF ST. LUCIE COUNTY~ FLORIDA. TOGETHER WITH THE SOUTH 1~2
~ OF THAT PORTION OF AN ABANDONED STREET, KNOWN AS SECOND STREET, WHICH IS
; APPURTENANT_TO THE ABOVE DESCRIBED PARCEL OF LAND.
:
~ BY AGREEMENT OF MORTGAGOR AND MORTGAGEE ON FILE WITH s'1
~ MORTGAGEE, THE WITHIN MORTGAGE SECURES NOT ONLY AN ~~1-
~ j EX 1 ST 1 NG I NDEBTEDNESS ~ BUT ALSO ADVANCES TO BE Hf RE-
~ ~ AFTER MADE BY MORTGAGEE TO MORTGAGOR~ THE AGGREGATE
'Y OF WHICH WILL EQUAL THE PRINCIPAL AMOUNT SPECIFIED ~
3 IN THE PROMISSORY NOTE SECURED HEREBY.
r Recerved e {n PaymsM Of Taxs~
- ~ ~ ~ ~ ~ + : ; • ~ • Due On Class ••C•• Intan~tbis Psraonel Property.
U M c tv' i A ti
Y ?
T ' Pursuarn To Chepter 71. 134. Acts Of 1 71.
. .~~ti•~~~~,_~-"T~~~-.. ROGERP017AAS ~
C ~
~ w F µ ,1~M { I'7E 4~. 2 J Clerk Ci?CUIt COUrt, St. LYC~A, CO., Fle.
- t~~:
~ - '
~=-~erher with a0 ~nd sirqul~r tM t~rNm~nt~. Mr~ditsm~nt~ ~nd •ppun~nca tMreunto belonying or in anywif~ ~ppMt~i+dnp tFar~to. ~nd ~II rMri, fstues.
:-oceed~ and profib ~cuuinp ~nd to ~cciw from ~~id pr~rn~us, ali of which ue induded in tM ~bov~ u~d forpoinp d~suiptlon u+d Mb~ndwn-
~ TO HAVE AND TO HOID tM abov~ dncrib~d ~nd pr~nt~d p.emis~s unto 1M wid MORTGAGEE, i» wcuawn ~ed ~u~pn~ forwK. Md th~ s~~d
~ ti~,ORTGAGOR fw THE 1 R ~ Mtr., ~x~~, ~~~tntws ~nd •asiqn~, IN/~by Mv~M~1b witfi the s~id MORTGAGEE, It~ wcuNOn snd ~Nipm.
'3 ;;,it THEY ARE ~~~~~~y N~~ of 1M uid pr~mis~s in fM simple: that th~ sam~ u~ frN, d~ar ~nd diah~rp~d fran ~II INm ud ~na?rt~
~
~~;z o•e~ces in bw w in puity. ~nd tM+ THEY wiU ~nd 71iE I R Mira sball w~rr~nt and dthnd tir tUl~ ro tM s~n~ tq tM s+ld
= •:ORiGAGEE, th ~ucuuon ~+~d eapro, for~wr p~lrnt t}» i~wfvl d~krn ~nd d~m~nds oi all p~noru:
PROVIDED, ALwAYS rhH If riN MORTGAGOR ~ha1l p~y unro tM MORTGAGEE tM promiswry not• Mninbtfon ~dMVtb~d ~nd sMll trvly, promptlY
~ e~.d fullr p~rfam, diuhup~, ~x~cuq, compt~q, canph with ~nd ~b~d~ by e~ch ~nd ~v~ry tl» atipulatlorn, prNm«+n. condltlorr u+d cov~nu+ts of ~aid
= c•o.,,~ssay not~ ~nd of thb Malpap~, tl»n thu Matyp~ ~nd ths btst~ h~r~by aNt~d sMll aaN ~nd be nvll uid wid.
IT IS UN~ERSTO00 th~t ti» word "Matp+por" wFwtMr in tM iinyul~r or plur~l ~nywF»rt in this Mwtpap~, shall be ~Inpulu !f on~ a+ly ~~d U~
~~.!I b~ plwd 'pintly ~ed wwrdly H mon th~n on~, and that the wwd '91uir" a~ u~ed aaywFwr~ in thi~ Mortyay~ aF?~II b~ t~k~n to m~~n •1+h,•• „Mn:' ~
- -.,~rs:' wha~v~r tM com~~t w M~pl1N or ad~ni». A4o. th~t wMr~wr th~r~ h• nf~renc~ i~ th~ cov~nan» ~nd pr~~t~ h~nt~ oontalrnd ro~ny of
,ne psn~ henro, tM san~ ~h+ll be oo~utru~d ro me~n n w~ll n tM MIn, Ipal ~~preuntariv~s, succ~uors ~nd ~uqrr (NtMr volunary by act of tM ~
~ ~ut~~s a involvm~ry by opM~tion of tM law) of th~ s«rw and th~t th~ covenanta Mr~tn coot~in~d ~MII bind and tM b~n~ff» W+d ~dvantpa tnw~
+o rh~ rapMlw luin. IspN np~e+t~ttwa. ~wn and astyn~ of tFw p~rtiN Mr~to.
/v~d ~~td µertypors, for tFwmwlwa and tMlr MGt. Ip~l r~pr~knt~tiv~s. ~ucc~swn ~nd auiym. Mr~by jointly ~nd NvK~lly tavN?+nt ~nd pr~e ~
_ end witA tM uid MORTGAGEE, i» wtptson aa~pra:
= 1. To p~y dl ~ed ~Inpulu tM p~l~+dpal ~nd int~nst ~nd ti» v~riow ~nd ~undry wms of montr paY~bl~ by virtw of ~aid pron+i~wry nM~, u~d thM
" T.orryap~, ~ath ~nd eNrp. OranP~~Y on ti+~ d~ln ~MP~ctivdy tM sanw s~wnlly b~tam dw.
~f; 4. To p~y ~U w~d ~ir~vbr Nr tuu~. ~~wnn. IwMs. Il~btltti~s, eblip+tion~ ~nd ~ecvmbrancK of ~wry n~nu~ and kM~d now on wld d~wlb~d
crop~rty, a that MndtM nwY M Mnpowd. +vffK~d. p~+ud. Iwl~d, a~~~d tl»non, or thst Mn~h~r may b~ fwhd a aw~Nd upan thb Morq~
' w tM frd~bt~dn~a ucund Irnby. ~~sA ~nd ~v~rY, wMn dw ~nd p~y~bl~, auadlrp to law, b~fon tMy b~com~ ddinqu~M, u~d b~for~ ~ny IntaK~
~~~echet a~~+y pen~lty N Irxurndj ANO INSOFAR /1S ANY 1HEREOf IS OP RKORD TME SAME SHAIL 6E PROMPTtY SATISfIED AND OISCWUtGEO OF
' :ECORa AND TME ORIGINAL OFFICIAL DOCUMENT (SUCN AS, fOR INSIANCE, THE TAX RECEtPT OR THE SATISFACTION PMER OFFICIALIY ENDORSED
OR CERTIFIE~ SHAII 6E VLACED IN TME NAN06 OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER VAYMENT; ~nd in tM ~v~nt tMt ~~r tMnoi b not
: e~d. a~r ~f~ed •nd di~durp~d wid MORTGAGEE rn~y at ~ny time p~y tM um~ a~ny p~n thpwf withoet w~ivinp a~ff~ctinp u~y option, tIM, pulty w
•~~h, undN o~ by vi?tw of thi~ morrpp~ ~nd tM fvll ar.ount of ~~ch and ~vsry tuch p~yn+~nt ~Aall b~ imm~di~t~ly dw and p~y~bb ~nd aMll bNr int~t~s~
_ j~om rh~ d~t~ tMnof until p~id n nt~ of ~irn p~? c~~tum p~r ~nrwm ~nd topN1+N wifh ~uth int~rN~ ~MII ~ecur~d by tM INn o1 Mi~ mwOtp~.
_ - -