HomeMy WebLinkAbout2047 ~ ~ ~ i(1
THIS INDENTURE, IWd~ t1+. 19 t
day of A= r i t A.0. 19~... b~tvrt~n
Kellg Conatri~nti nn ,ome 9nr,~ A F7 aridA corporation~
' of Sti. Lu~ie ~~Qy~ty f~j~ ~tjMNK de~lpnattd is tM "MORiGAGpR;' •nd FIRST FEDERAI Si1VINGS AN~ IOAN
AS;OCIATiON OF fORT PIERCE. ~ torporation wy~ni:ed ~nd sxi~tinp undK IFN laws ol tM Unit~d Stat~s of An?~rita and havirp ib principal pl~c~ of
bu~nes~ in tM City of fon Pi~ru, St, lucis County, flwida, her~ir?~ftK d~sipnat~d ~s tM "MORTGAGEf."
WMEREAS tf?e MGRiGAGOR N jwtly indcbted to the MOttTGAGEf in th~ ~um of ~ 17j 750 • 0~ , pood ~nd Iawfvl ma+ey of tl+e Un~ted
States ~dvanced by tM MORTGAGEE unto the MpRTGAGOR, ~s evidenced by a cenain promiaioty note of ev~n d~te herewith, of wh~ch tht tollowinp in
• wads and figur~s is • trw copy, lo-wit:
: 17,~ 7~i0 _ 00 No.~~.~ 26
Forf Pierc~, Florida, __.An r i 1 1_ 19.~(j._
Fa valve received, 1, we w eirher oi us, prom~se to pay, without def~lcation, to the order of FIRST FEDERAI SAVINGS ANO IOAN ASSOCIATION OF
FORT PIERCE at Fort Picrce, Flwid~, the sum~ ~o+f ~ 17.t 750 • 00 w;th interest irom d~te at the rate of pa annum, in monthly instalM
ments as foltows: _~1 7• ~0 on the1~V~ day of MB,,~ 19~ ~nd a like sum on fha cwro~pond~r~y day of each month tt»rr
aiter until the whole be fully paid.
Eech irqtal(ment fint shall be spplicd ;n payment of the interest and then on the unpa;d bslante of tAe piincipil sum. 1I def~ult it mad~ in th~
payment of sny installment when dve, and suth defa~lt continves 30 days, then ~t the option of the hplde~, and without ~ny ollxr notice, all the remaininy
~nstatlcr~ts sh~ll be due and payable at once. Privilege is given to prepaY this note in wholt or in p~n af any time witho~t penslty. ~Neirher faebearant~,
nor sccepance by the holder thereof after a~y default in ~ny p~ymcnts hereon, shaH be deemed extension. A late payme~! cha~ge of s~ • 95 - shall b~
added to eacF~ installwient ~emaininy unpaid 7 d~ys afta ib due da1e, ~nd a like wm sMll be added to each ~uch instal4~?e~?t r~rMininp vnpaid 7 days ~h~r
each wcctediny p~yment date.
Eath maker, surety and erKlwser hereof, joinHy u~d uverally, w~~ves demand, preaentment protest ~nd norice of protdf for ranpsyment, ind fu~ther
agrees to any exte~s~on of time of payment, either beiore or sfter maturiry, without norice to any of ~s; ~nd to pay all costs of collection, includ~np a
reason~ble attorney's fee in the event o( any default hereunder, and hereby seve.ally waiv~i all benefit of homestead snd exemp~ion under tFw conititution
and lawi oi exh State of rha United Sutes, as against this obligatiort or any ext~;on w~en~w~l hereof.
w~?~ess ~tK ~nd ~nd sest of ~Kh ~<<,,. ICELLY CONSTRIICTION COMPANY
,~f Kellp Hal~,,_ Pre4ir~ent ~~y
cs~?u
(5~?U
r ~?fi „~n ) Sqro Revenw
(Srampa uncelkd oe oripinal nots)
NOW, THEREfORE, the MORTGAGOR ior the purpose of securing payment of a~id swn of = I 7~~5~ . 0~ ~ and th~ performu~ce of ti~
coveMnts and ayreemenq hereinaiter e:preued, and for divers good and valwbl~ consideratiora, ' by tMs~ presenN. doe~ y~u+t, barp~in, ~11, remia~,
release, convey and tonfirm unto f6e MORTGAGEE, it~ tutceuors and suyns, all tMt cert~in :ot, piw w puul of I~nd, sifwt~, Irinp, and beinp in th~
Co~nry of _ I.LiC 19 aed Statt of Flwida, d~wib~d as follows:
Lot 3, Block 2, ORANGE BLOSSOM ESTATES, FIRST ADDITION, as per plat thereof
on file in Plat Book 11, page 38, public records of S~. Lucie County,
c'1 ori da,
Q ~M~S AopE
ES
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N CC~!PTROLLEFi~~~a = ~y~ t~ ~V' ~ 0~,~ R~
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ey
toyether with_aU u~d sinyvl~r tFK tenemenb. FNret+:tamenh and appurt~nces Nwreunto b~brgirg p in anywise sppertainirg therew, ~nd all ~am, issws,
proceeds ~nd prof~ts acvuinq and to acaw fram sai~i premises sll of which u~ includ~ in the abov~ ~nd fore~oinp d~xriptio~ ~nd habendum.
TO HAVE AND 70 HOLD the sbove described and yranted premises unto th~ s~id IY{ORT('sAGfE, ifa waassors a~d astlpm forsv~u. Md tlr ~ald
~v
MORTGAGOR for i t s ~ ~~;n, execvton. adminatr~ton and aag~s, hereby oove~ant~ with the said MIORTGAGEE. Hs wocessors and assiym,
~hat j- t i s lawfutly seized of tM said premika in fee simpls: tMt th~ sarn~ u~ frN.• clea~ ~nd dischuyed from sll liem and ~ncwm
brsnces in !~w dr irr eqviry, and tF~at i t wiq and i t s !»iq shall w~er~nt and d~f~nd th~ litl~ b tM s~nN to th~ said
1.tORTGAGEE, its successon ar~d usi~ns, fwever ~yaimt tFw I~wfvl cliimf ~nd demands of ~II pawroj
PROVIDED, ALWAYS th~t if th~ MORTGAGOR shall pay unro the MORTGAGEE tM pranasory note heninbefa~ dewibed and sMll trvly, prornptfy
and fu(ly perform, dicharpt, ex~cute, complero, cornply with and abide by eacH u~d w~ry iM stipulatiom, ~reanents, toe~ditiom snd eav~nts of s~id
prom~uwy note ~nd of this Mortgape, then this Morty~pe ~ed th~ Ettate har~by wat~d ~II aas~ and b~ null and void.
IT IS UNDERSTOOD thal tFw word "Matpapor" whether in tFr singula o~ plwal anywMr~ in this Mort sh~ll be u
shsll be lulal 9+D~, n~ular if one only and
P "pintly ~nd sever~tly if mor~ tMn one. ~nd thaf tM word "thtir' aa uwd anywher~ in this Morfpsps shall be t~kon ~o rn~an "his:• •,hen; •
ur "its," wherever tM context w implies or adm;n. Alw, that whtrtwr thae i~ a refNence in tFw covenann Md ayreem~e~n her~in coetiu~d to any of
~he p~rties Mr~% the same ahap be cautrued ro me~n ~s well as tFw hein. I~yal np~es~nf~tives, succeswn and ssspro (eirha valvntuy by act of rhe
panie~ or involumary by operstion of the law) of tM swn~ snd tMt fF~. cov.n.nn har•in cont.irwd sh+fl bind and ~h~ ban.fifs and adv.may.s Gwn
ro th~ respecliw hein. Ipal represent~tives, wcceuas and asi?yrn of th~ parti~s herNa
Md taid Mortyapors, fa ~F~emselves and rheir Min. Is9s1 r~pr~nutiva, waes~on and assipro, her~by jointly and sewrally cov~nant ind p~~e ~
ro ~nd with ttx s~id /NORTGAGfF, in wcceuors and ~uiyns: ~
1. To p~y ~I! snd sin~vlu th~ pr;ncip~l and int~rest ~nd thi wrious ~nd wndry sums of moMr p~YaW~ by vinw of uid promiswry note, snd tha t
mwtyye, sach and rvery, promptly oe the days r~spectively tM sareN s~w~ally baom~ dw. ~
i
2. To pay all ~rd sin~vlar tM t~ses, as~cssrnMb. Iwies. li~bilit~es, obliQ~tiont anQ ~ncun?brances of ~very natur~ ~nd kind raw on s~id deauibed `
propKtY. or thar heruftsr may b~ irnpw~d, wffaed. P~aeed, kvied, or p~fsNd tFN!lOfl, p tlfiT I1lfNfTM may b~ kvi~d w as~essed upoo this AI1or1p~ ?
aQ~, a tlit inmd~btedntss s~cured hertby. ~ach and wery, wMn dw and p~rable. sttadi~p to law, btfors thty becane ddinquent, and btfa~ anp int~ns~
~h
~ttachts a any penalty a iixvrred; AND INSOFAR AS AN~ THEREOf IS Of RfCOR~ THE SAME SHAII 8F PROAAPTIY SATISfIED AND DISCHARGED OF
RECORD AND THE ORIGINAI OFFICIAI DOCUMEN7 (SUCI( AS, FpR INSTANCE, THE T/?X RKEIPT OR THE SATISFAC710N PAPER 4FFICIALIY ENOORSEO
OR CERTIFIED) SFiAII dE PLACED IN 1HE HANOS OF SAiD lNORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ar+d in the sv~nt tMt ~ny thereof is nof
paid, sat"sfied Md disch~rged sa;d MORTGAGEE rnay at any timt par th~ saent a ae~y p~A thereof withwit waivinp a affectinp u~y option, lien. puity a
•~qht under a by v'xtve of thii mortysg~ Md the fvll ~mount of each ~nd nery wch p~ym~nt ~11 b~ irtwned'utely dw snd p~yable ~nd sha11 bNr i~t~rest
~•an the date ther~oi untif p~id st rar~ of n~ne per unrum per a„rnnn ~~~e~~h wch ;nt~~ysl~!! be ~ecv,ed py rh~ lien of rh:~ mayupe.
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