Loading...
HomeMy WebLinkAbout1596 'a ~ t ° ~ ' ;7~ 0`~~ THIS INDENTURE, Made th~ ~.~~~1 day of D9CBIDb9i' A.D. 19~^, b~tvta~n J{ H~r 9 Co~„~uction ~s~r~orgtion~ a_ F1Qrj~A ('-nr~~nrRti ~ny - .-f, ~ - of ~t . 1.+11C~8 County Florida, hneinsfter detigneted as tha "MOV.TGAGOR," a~d fIRST FEDERAL SAVINGS ANU IOAN ASSOCIATION OP FORT PIERCE, a corporet~on aryanized end exiiting under the laws of the Unlted Star~s of Americs end having it~ pri~cipel pl~ce of bu~inest in fhe City of Fort Pierce, St. l~cie County, floride, hrreina(ter designared es tfie "MORTGAGEf." WHEREAS the MORTGAGOR is ju:t~y indebted ro the MORTGAGEE in the sum of 3~~S1S[~![Q , good and lawful mo~ey of the Un~ted Stares ad~anced by the MORTi;AGEE unto the MOR(GAGOR, as evidenced by a certein promissory note of even dete herewlth, of Hh:ch the foL'owing in wo~eilO~u. OU a tr~e coPY, to-~nit: No ~ i 1 Z20 Fort Pierce, flotida, D~ embe r 1 i~,.,,,,_~y~_ Fo~ oa1~e ~eceiv~d, I, we cr e~ther of ~s, prom~se to pay, without defa!canon, to the order of FIRSI FEDERAL SAVINGS AND LOAN ASSOCIATION OF FOR? PIERCE at Fort Pierce, Florida, the s~lm of S-~il~-~ w~th interest {rom date at the rote ctt2_.~o pei annum, in monthly install- menrs as fol!ows: j~~_z00 on the+~t'~ day or April ~p b6 ~nd a like sum Cn the ~orreeoondmg day of each month there- a~~er until tne whole be fully paid. Each instaliment first shall be applied in peyment oi the interest and then on the ~rpaid balancP of ±he princ~pal sum. If defeult is made in fhe payment of any installment when due, and such defau!t continvea 30 days, then at tne option of the hoider, and wi~ho~t any other notke, all thc remain~nq installmenti sha~i be d~e and payable at once. Privi'ege is given to prepey this note in whale o• in pert at any timn without penalty. 'Neither forebearence, nor acceptance by rhe holder thereof after any default in any paymer.ts herean, shall be deemed exiension. A late payment charge of ehal~ be added to each i~s~~!irtient remaining unpald 7 days after itf due date, end a like sum shall be added to each such instatlmant remain~n9 unpaid 7 dayt after each wcceeding paymem date. Each makrr, surety and endorser hereef, jointly and severaliy, wa~ves d~mand, presentment protest end notice of prorest for nonpayment, and fu~ther agreex to any extension of time of payment, either befure or after maturity, witho~t not~ce to any of us; and to pay all costs of ;ollection, indud ng a reasonabie attorney's fee in the even! of any defau.t hereunder, and hereby sevrrally waives all benefit of homestead end exempticn under the cnns~ituSion and laws of each State of the Ur.~ted Statas, a5 aga~nst this obligation or any extens~on or renewal hereof. Wi~ness the hand and seal of each p~~rY. HARRIS CONSTRUCTION CORPORATION , B~ S~ L~' i 1 1 i gm W H grr i qy, -(5EAl) President (SEAI) At~est S~ Frtanklin A_ iiarriq~ (SEAI) 13 65 secra~~=_ (SEAL) ~ , ) State Revenue ~Stampo cantelled or~ original note) p NOW, THEREFORE, the MORIGAGOR for the Furpose of sec~ring payment of said sum of S 7 ~~-pU -~Q end the performance af th~ covonants and agreement~ hereinafter expressed, and for divers good end ~alueble consideretions, by these presents, does graM, bargain, sefl, remise, release, convey and confirm unto i{~e MORTGHGEE, itY successors and ass:gns, ell thet certain Iat, pieu or parce: of land, ~itua», lying, end btinp :n the County of St _ T,1](! 1 H , s~d StAte of floride, deicribed s~ follows: Lat 17, Block C, WLST END ADDITIO~I, a subdivision Ss per plat thereoP on file in Plat Book 2, page public recnrds of St. Lucie County, Florida, ~ , Eg c x ~ y,~_\N ~F`YM.^L~`t7:'`'~;tSY. s~`' ,'c 1951. 1c1~ F " f ~ !F v. 1 T ~ ~ - . ~ ~ R~~~~t: ~~nr,l .t: . - - , _ ~ , } a~; ~ . _ ~ ~ t . , e ; , _ . ~ r..,~~1J~-~.J ~ ~pX'•.~ C' ".~~~r~t~ f~~ ~ ~ Gt~~tC . j~ • l ~ ~ L~ F _ ~i ~ } ~ ~ ~ ~ r U ~ ~ f.~ ~ ~ F- QOCUMENTI~p`%,.ST~1MP TAX Ey ~ ~ J ' J,<~. 4 ~ ~ E1EC 17'b5 ~ c~ - I'~ - ~ ,~y4~ ~ Y ~ y ` U i ~ ~ TG'OpM,=7RCLlER t'L'.1Sni39 :\<[Flv".--- _ - _ together with ell and ~ingular the lenements, hereditaments and appurtances therounto belonging or in anywiia appertaining ther¢to, snd ell rent~, istues, ' proceeds end profits accruing and to accrue from ssid prernises ali of which are included in the ebove and fereyoinq description and habend~m. TO HAVE AND TO HOLD the ebove describtd end grorted premises unto the ~aid MORTGAGEE, its ~uccessort and assi9ns forever. And ihe said MORTGA~.GyO,~R ~f,or heirs, executois, administretorti and assigns, heteby tovensnts with 4he taid MCRTGAGEE, it~ tuccefsart ~nd suiqns, thas -~++s'-d--~~- lawf~lly seized of the said ~rem.ises in fee iimpie; that the same erc fr~,. ciear end difcherged from all lien~ end ~nturtr brances in law or in equiPy, and that_ th8y will and elr heirti xhall wrrrant snd defend the tiNs to the same to the said q MORTGAGEE, i!i ~uccessors end assigns, forever against the lawful claimt end dema~dt of all perEOna; PROVIDED, ALWAYS that if the MORTGAGOR shall pey unta thc MORTGAGEE the promiswry note hereinbeforo described end thall truly, promptly ~ and fu.lq perform, diuharge, execute, comp~ete, camply with ~nd ebide by each snd every tha ttipulatiant, egreements, conditioni and covenants of uid Fronissary nott and of thia Mortgaga, 4hen thif IYlongage and the Estate hereby created fheil ceaaa end be nuli and v~id. ~ f IT IS UNDERSTOOD that the word "Mortgagor" wheth~er in fhe s~nguler or plural anywhertr in thi: Mort~a9e, shall be tingular if one only end ~ ~hall be pturoi jointly and teverelly if more than one, end that the word "their" a~ used anywhere in this Mortgage shall be tsken to mean "hif:" "hen," or "its," wherever the cantext ~o implies or admits. Al~o, thaf wherever ther+z is a reference in !hs tovenants en~! aflreement~ herein contained to eny of the parties hereto, the tame •hall be conatrued to meen es well •s the heirs, leqsl r~prssentatives, tuccessors and a~aigna (either voluntary by ect of the parties or involuntary by operotion of the law) of the came and that the covenents herein cantained ihall bind ar.d tha benefits and edwntages inure ro tha respective hain, legal representntivei, succesaon and ssa~yns of the p~rties hereto. And ~aid Mortgaqon, for themsalves and theii heirs, legal represantafivei, tuccdssors and e~siflns, hereby jointly and severally covensnt and ~9ree to snd with the taid MORTGAGEE, its successors and assiyns: s 1. To pey ell and einyuiar the principel and interest •nd ihe various ~nd wndry wms of mo~ey paymble by virtuc of said Fromiswry note, •nd thit ~ mortga~e, ench snd wery, prom,pfiy on tht days respettiv~ly the s~me s~verafly becom~ due. ~ 2. 7o pey •II and ~inyulsr tfie taxe~, asu:smenti, !eviea, iisbilitie~, obl+gations and ~ntumbrance~ of every niture end kind now on seid described r property, or thet hereefter m~y b~ imposed, svffered, pixed, levied, or •ueued theroon, a tha~ here~fte~ may be Ic~ied or ~tisesud upon this MoNq• ~ •ye, or the indebtedn~~s utured hereby, sach an~ ~very, whon d~e •nd payable, eccordin9 to Iaw, txfwe tfiey become delinqvent, snd befor~ any intsreit attaches or any penelty i• incurred; AND INSOfAR AS AN~ THEREpF !5 OF RE:ORD 7HE SAME SHAtI BE PROMPTLY SATISFIED AND DISCHARGED OF RECORD AND fHE ORIGINAL OfFICIAI DOCUMENT (SUC AS, fOR INSTANCE, THE TAX RECEIPT OR TY9E SATISFACTiON PAPER •OFfiCIAIIY EhDORSED OR CERTIFIED) SHALL BE DIACED IN THE HAt~lDS OF SAID MORTGAGEE W~THIN TEN DAYS NEXT RFTER PAYM~NT; and in the event that any thereof is not paid, sat'sfied and dischar~cd sa'd MORTGAGEE may at any time pay the same o* any part thereof without waiving or affettinq any opNan, lien, equity or riqht under or by virtue of this mo.tgege and the full amount of esch ans~ evrry fuch payment ahall be immediately dve snd payablt and shal! bear ~nterest from rhe date thercof until pa~d bt rate of nine per cent~m per annum and ta~ether w~th suth interest shalf be secured by the lien of th:• morqtaqe. + K . ir~. ~ hn^k y~