HomeMy WebLinkAbout1262 [ "~s. -S""' ~Y
< <; f ~
t 1 c
THiS iNDENTURE, IY4d~ th~ 16th d~y oF Merch A.D. 19
66 ~ bstwten
K ~ y Ccnstructi nr~ CoYr~pany, 9 F1 nri c7A (`nrnnrAti nn ;
of ?S t• • I.+L1C 18 Co~n Flo~~da, Mr~ir?~f1N dt
ASSOCIATION OF FORi PIERCE, ~ mr ~ ~^~ted ~s tM "MORTGAGOR;' ~nd fIRST FEDERA~ SAYINGS AND IOAN
poration ppanized and ex~s~in9 vnde~ tM laws of 1M Uni~td St~t~s of Americ~ a~d Mving in principal p1~cy of i
bu~ir~ess in tM City of Fort Pi~rc~. St. luci~ County. Florida. FlOffiMNN flffi~M10{~ •s tM "1NORTGAGEE." f
WHEREAS 1M MORTGAGOR is jwtly indebt~d to ths MORTGAGEE in the ium of 1 . 0~ ~ g~ ae~d lawful mo~ey of the Un~ted <
SNte~ advancad by ths MORTGAGEE unto the MORTGAGOR, as evidenced by • ce.tain promiuory note of even date herewirh, ot wh~ch ~M (ol!owirq in ~
wad~ and fiyu?es is a trw copY. to-wi?: :
= l~, 000. 00 _ F
~
P;~,n, Fi~.;d,, March 16 ~9
Fw valw received, 1, w~ or either of us, promise to pay, without defalcation, to the orde~ of FIRST fEOERAI SAVINGS AND IOAN ASSOCIAi1~N OF z
FORT p1ERCE al Fort Pierte, Fbtida, the sum of ~ l~ ~ 000• 00 w;th intcrast irom date at Ihe rate of 6% pet annum, in monthly initalt- '
ments as fotlowi: = 101 ~ t~ 1 th d,y ,f _ Ju ly , 19 66 a like sum on the correspondirg day oF eun month eh~rr
after until the whol~ be fully p~id.
:
F
E+ch ir?itallment f'ust shalt be applied in payment of th~ interest ~nd ~Fxn on the unpaid balsncc of Ihe prinupsl ~um. If def~ult is made in tM ~
pay+neM of sny installmeM when due, and such default continues 30 days, then ~t the optro~ of the holde~, snd without any other notrcc, all the remsiniry
instapmenrs shall be dw and payabls at once. Privilege is given to prepaY this note i~ whole o? in part at ~ny time without pena{ty. •Neithe~ forebeusnce, i
nor aaeptance by the Falder tnereof ~fte? any default in any paymenti hereon, sh~ll be deemed extension. A late payment chargs of : 5• 05. sha11 b~ ~
~dded to each inst~llment remainirg unpaid 7 days after ib due date. and a like wm shall be added Io e~ch such installm~m remainiry~ unpaid 7 days ~ftK
eath :~cceedi~g paYment date. i
ExA maka, surery ~nd endwssr hereof, jointly snd sevc~ally, w~ives demsnd, i
presentment protest and no~ice of proteat fw nonpayment, ~~,d forther
•grees to any extension of time of payment, either before or after maturi '
ty, wi~hout notice to any of us; and to pay all costs of co: . includ~~ a =
reasonab(e attorney's fee in the event of ar+y default he?eu+~der, and he~eby seve?a!!y waiv~s all bcnefit of home~tead ~nd exemption under the cqnstitutwn 3
and .laws of each State of the United States, as agsinaf this obliqation a any extensian pr renew~t henof. ~
w~r~s ~he hand u+d sesl of esch ~ny. KELLY CONSTI~'UCTION COMPANY j
~3~_JKell_y Hell~ Praairlant ~u
cs~u
. ~
l 22• 5~ ~ State Rw~nue
(S~amps uncelkd on wipinal nof~)
NOW, THEREFORE, ths MORiGAGOR for tM pu~pose of securing payment oi ~atd sun? of s 15. . 0~
performance of th~
tovMants ~nd agrsement~ hereinaiter expressed, and for divers good and v~lwbtt tonsiderations, by' ih~s~ presenn, does pr~nt, b+r9ain, sell, r~miss, ~
release, co~wy ~nd confirm unro tFw MORTGAGEE, iri successw~ and ~u;yns, alt tMt cen~in bt, pi~a or pKat of tand, situste, lyi~p, ~nd btin0 to th~ _
Counry of t. Lu c i e ~ and Stat~ of Fbrid~, drsaribd a foNowe:
Lot l, Block ORANGE BLOSSOM FSTATES - SECOND ADDITION, as per pl~t
i
the2~eof on file in Plat Book 11~, page 2, of the Public Records of ~
3
t
St. Lucie County, Florida,~ f
~
E
~
t'` ~ i~ ~ L U t"C 1 L.) I~ ~
~ ~ DOCUt~1ENTAA
~STAMP 't~'~X ~
z - ~ t r,.
~ - 11kRi8'66 ' =
O ` ^%ii ~ ~
~ V = ~~~0=
N C0~1pTROL:£R _
~R.190136 -~«r.•.._: , -
~b~~ s
RECEIVED i IN rAfMERTORTAxi~
DUEOi~! CLASS'C' INTAN610LE !E!lpNAL tYOrERTT '
PURSUANT 70 CMAPTER 2072~. /1CTf Of 1N1~ ~
+CG:1, POITfU?'. Gsrk C~ou[t CoKt
a, a~.~ ru ns M. Ju?~
at. Lrci~ Tcx
gr oaon,
top~ther with •II and sin~uiu tM tenemenq, lxreditsments and appurtancet therwnro bdagirg w in ~nywis~ appertaininp thereto, ~nd afl renls, iaws,
praceeds u,d proRn acuuiny ard to xvw from said premises sll of which u~ included in tM ~bov~ ~od fote~oirg dewiption ~nd habendum.
TO HAVE AND TO HOID the above desuibed ~nd 9r~nted premises umo the said MORTGAGEE, ih s~ocpiws and ~st;yns for~va. Md th~ s~id
MORTGAGOR fw - 1 t 9 hein, executors, adminutraton and ~uiqro, hereby cov~nanb wit6 tl» said MORTGAGEE, hs wccesson and ~asipM,
tMt lt 1 4 lawfully seiud of tFw s+id premis~s in fet simple: that the same an h~t.. ckar u~d disch~rQed from all lieru +nd ~ncunr
b?uues in law w in equity, and tha* 1 t will and 1 t 9 heirf sMll w~rnnt and d~ftnd th~ titl~ to tM s+m~ t o t M s~ i d
MORTGAGEE, iri successon ~nd assiqru, forew~ ayai~sf the lawfu) dairM a~d danand~ of all persoro:
PROVIDED, ALWAYS tlut if ti~t MORTGAGOR s1»II p~y vnto the MOATGAGEE tM promissay not~ haeinb~fwt described and shall truly, promptly
and fvlty perform, d~xMrye. ~aecut~, compkte. complY with and abidt by e+ch and wery tM stipulatiau, preeiAenb, conditiau and covenanb of said
promissory rat~ ~nd of this Mort9sp~, than this AAortysp~ and the &tate her~by vsatsd sha!! uak and be nvU and void.
iT IS UIYDERSTOOD that the word 'Morty~yor" whether in t!w s~rgula~ a plwal a~ywhers ln this Mortgape, shall be siryula if one only and
ah~ll t.~ pfur~l jointly snd swKally if more than on~, and thst th~ wwd "their" ~s vsed anywh~r~ i~ this Morty~ge sh+ll b~ taken to mean "his:• •'Mn;•
or "in;' wherever tM context w implies a admin. Also, tMt WIIlflVM 1IIN! 1! i f~INffK! ~fl 1M COYQMf11f ~ftlTlflh IIKlIfI tOfifaLllfl f0 al1Y p{
tbe parfies Mreto, the s~me shall be comtrved to rt~ean u well as 1h~ Min, lepal repr~se~?tatiws, woc~uors ~nd assipns (s~tha vduntary by act of th~
panin a involuntary by opention of the Iaw) of tM sams u~d tMt tFN coven~nts h~r~in contain~d shsll bind and the benefits ud ~dv~m~s inur~
to the rsap~ctiw hein. 1e~1 repre~ent~tives, axc~awn and au°~?a of rhe partas Mreto.
And uid Morryapws, fa themselws ind ~F?~ir h~ia. Ip~l represent~tivq, sua~uws and aisipro, hereby jointly an~ ~everally covsnant and ~yrs~
to ~nd with tFM ~+id MORTGAGEE, in s~x.ceups a~d assipns:
1. To pay ~11 u~d si~rgvlar th~ principal and intaest ~nd ti+i various and ~w~dry sums of
mortyape, tsch snd ~+nrY P~~Pty on tht da ~'1O^OY WYabl~ by virtve of said promissory not~, u~d tAis
y~ re~pectivsly the ~ar+k a~wnlly becan~ dut.
2. To p+y u~d ainp~tw th~ bxes, ass~awnents, Iwies. liabilitiss, oblgations a~d ~ncumbrarws of wery n~twe ~nd kjnd now oo s~;d d~scribed
P~~~Y, or tMt hereahK may b~ imposd, suffK~d, P~+ad. Iwi~d, or a~sesaed theraon, w th+t F~ereafia may b~ I~vi~d or uwssed irpon this Mwt~
p~, a tM ind~bt~dntss rawrd ha~bp, fad~ ~r+d ~v~ry, wM~ dw N+d payabM, accordinQ to law, befon N~sy beco.rw delinquent, and befon ~ny tmKest
•f1KF1tt Of iflY PQMIty 1~ IfKWflfl; ANp INSOFAR AS A1V~ THEREpf IS Of RKORO THE SAME SHAII BE PROMPTIY SATISFIED AYD DISCHARGED OF
RKORD AND THE ORIGINAL OFfICIAL OOCUMENT (SUCII /?5, FOR INSIANCE, THE TAX RKEIPi OR THE SATISFACTION PAPfR -0FFIGlALLY EMDORSFD
OR CERTIFlfO) SHAII aE PtACED IN THE MANDS OF SAID MORTGAGEE WITH~N TEN OAYS NEXT AFTER PAYMENT; ~nd in the event that any tf~eof a nw
pa~d, at'sfi~d and diuh~rpaci sa;d MORTGAGEE may a~ +~y ~w+~e P.~ rh. s.m. o..ny P,n ~her.of without w~ivmp o~ affectinp any option, lisn, eq~ity w
?iqht vnder a by virtue of this morry~ye and the full amounr of each and ~very tuch payment siul! be immedia?~!y dw ~nd p~y~blt and shall bea~ iMattt
~.om the date the~wf until p~id it rate of nirn ptr centwn per a~vR s ~her w;th suth int~rest ~MII be sec~red by the lien of th:t mor9tpt.
~
~~..~_N.~_ _ - ` -
_ _