HomeMy WebLinkAbout2138 _ ~ 149U3~~0. ,
THIS INpENTURE. IY4d~ M• bth d,Y oF Oct,nber 19~~
Ke~ ~ g ConstrLC_ti on Com~~,~_g„ Florida Corporati n :
~
of -_St. Lucie , Co~n~y Florida, htriuuftw dyi~nated ~s tM "MORTGAGOR," ~nrl fIRST FEOERAI SAVINGS AND IOAN
ASSOCIATION OF iORT PIERCE, • owpo~~tion apu+iud ud ~xi~~inp vnd~ ?M laws oi tM United Sa~a of /1n~ka and havinp pi,xlp~l plaa of
bu~en~ M th~ Ci1y af fo.l Pi~ra. 51. luci~ County. Flaid~. IMftYNNN dNi~Mt~ as tM "MORTGAGEE."
WMEREAS th~ MORTGAGOR i~ jwtly ind~bt~d to tM MORTGAGEE in tM sum of = 6~OOQ~~~ ~~OO~ ~nd Iawful mpwy of 1M U~~ted
S~er~s adwnc~d by tM MORTGAGEE unto tM MORTGAGOR. ai widenced by a cauin promiuwy not~ ot even date 1»r~with, of whKl~ tM lolbwjny in
W~.~. r~w.. r.. ~or, w,~a?~ 13 ?88
x 6i000.00 ,
F,., PkK., Octob~r 6. ~9~_
,
Fp v~lw r~iwd, 1, vw ot ~AFw~ of us, promis~ to pay, wi~hout dtf~lca~ion, to the ader of FIRST fEDERAI SAVINGS AND IOAN /1SSOCIATION OF
FORT PIERCE at Fat Pi~?a, fbrida, th~ sum of =
6~ nnn ~ with intere~t from date ~t the rat~ of 6..~~L pN annwn, in montAly inttall~
menis aa follows: ~ n~ an tM ~~1 day of Not?ASib A r 9~.~ ~nd a tik~ ium on tM corr~~pa?dinp day of each mooth thKr
afrer v~til tM wlwl~ b+ fully p~id.
ExA inst~llm~e?t fint shall bt applisd in p~yment of tM inte?est and then on the ~npaid bal~nce of the prinNpal wm. If def~uh is m+de in tM ~
paymeot of any aatallmtnt wlwn dw, and wch defauh continues 30 days, then ~t the opYron of the holder, and without any othe? ratice, all ths remain7np
~nsrallm~nq sh~ll bs dw and payabl~ at onu. P.ivilpe ia y;ven to p~ap~Y tbis note in wlwk or in p~rt at any time without peMlty. N"e~ithe~r f~or~b~arana,
nar acctptancM by tF~ hoW~r tFwrwf ~fter ~ny def~ult in ~ny p~yments hereon, shall b~ deemed extensan. A late payment cMry~ of is~.l~, sh~ll bs
edded to ~ach iiuNllm~nt nmaininp unpaid 7 days after us dw date, ~nd a like sum shall be added to each such installm~nt nmaininp unpaid 7 d~ys ~ftK
each ~vota~d'up paym~nt d~tt.
fach malw, svr~ty and endws~r Mrwf, jdntly and severally, w~ives demsnd, presentment protest and notKe of protest fw ranpayment, ~nd furtlwr
agrees ro ~ny ~xt~nsion of tim~ of paymant, either before w after maturity, without norice to any of us; ~nd to pay ~II costs of collectan, includ~rg •
reasoeabk attwn~y's fee in tM ~v~n1 of u~y defautt hereunder, ~nd hereby seve~ally wa+ve: a!! benefi! of homeste+d and exemplion under ths constitvlion
end faws of sach St+t~ of tM Unit~d States, u apaimt this obligatan w ~ny extenaion w renewal hcreof.
Wit~wss tl+~ Mnd a~d s~al of t~th pa~ty.
sf Kelly Construntion Comp~
b~TKell~ Hall~ Presiden~,u,~
tSEAU
~ 9.00 ~ s~.~ R~. ~
(St~mps tanotll~d on oripin~) not~)
NOW, THEREfORE, tM JNORTC,AGOR fw ths purpose of ~ecurirg payn,ent of said swn of t 6 ~ 004• ~0 tl»
cov~nanfs ~nd _ Pe?fo~nwKe of tM
n+ +DnemeMS Mr~inafttt expreued, ~nd fw d~vcrs ~ood and vslu~bl~ co~sideratiom, by thas~ presenb, does+~rant, b~rpai~. sell, rtmiie,
rele~s~, conwy and oonfirm unro tM MORTGAGEE, iri wcceuw~ ~nd auiQns, ~11 tMt t,ertain bt, p'wp ot pucd of iand, situat~, (yiig, and b~irg in tM
County d S' ti ~ T+UC ~ 6 ~ and Suf~ of Flotid~, d~wib~d u followt:
Lot 80, PARKWAY PLACE, as per plat thereof recorded in Plat Book 4, page
7a, public records of 3t. Lucie County, Florida,
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o = OCT-T66 eU~q ~7 Lv~ ~G O'~ ~
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Pa~ed E'` n~i ~o o~ i
v~ - -
ceu~a~AOtl~t - 9 ~ 0= i
~°0138 ~`cc.,~1~~ = 4~ ~ ,
~ i
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royetMr with all and sirgular th~ f~menfs, her~d'itamer?b and ~ppurtances thereumo belongirg or in aoywis~ appertainin~ tMrNO. ~nd all renn, fuws,
proc~sds and profits accrvinp and to ~arw from ssid premisra, all of which sre intluded in the abo+?e and faeQoinp dacrlption and Iwbendvrn.
TO HAVE AN~ TO l10LD iM abow desaibsd and ~ranted prernises unfo th~ sak! IUIORTCsAGE~, its svoasso~s ~nd assipeu forw~r. Md th~ wfd
MORTGAGOR for i't8 I~ein, ~xecufas, idministrators and auigru, hereby covenanb with tM said MORTGAGEE, its suocessors and ut~,
rh+t it I+wfully seiud of the wid premis~s in fes simplr, th~t Jh~ s~ an frae, cku and dixh~ryed from all li~ro and ~ncun?
brsnc~s i~ bw or in ~quity, and tha+ i t will and i t~ hein sMll wur~M and d~f~nd t}» titl~ b the sufw fo tM s~id
MORTGAGEE, in woc+esson and ~uqns, fwevK aya'mst tFw Iawful d~ims ~nd demands of ~fl perwrq;
PROVIDED. AtWAYS tMt if tfr MORTGAGOR shall psy unto tha MORTGAGEE tlw prami~sary ra~~ haeinbefa~ dewib~d and ~hall truly, promPtly ~
snd fully perform, ~rp~. ~x~cvt~, oompbt~, wmply with and ab~de by esd~ ~nd every the stipulatiau. ~preem~nri, conditioro a~d oovManb of said 's,
promissory rot~ ~nd of this Monppe, the~ this Mort~sp~ ud ths 6t~te he~eby crested slwll ceas~ and M null and void.
IT IS UNIDERSTOOD that th~ word "Mort9~por" whether in the sirgubr or plw~l anywhen in this AAwtyape, shall b~ sinpvlW if on~ oMl ~ !
~haN b~ plwal (ointty and aewr~ly H mor~ th~ ora. ~nd that the word "f heir" ~s used anywh~re in this Mort~ aMll b~ t~ken fo mean •'his,•• "Fnrs: ' j
o~ "its," wMrwer th~ aontact so implip or ~dmits, Abo, th~t wherever ther~ is a r•ferer~oe in rhe cov.na~?a and .preem~nn h.r.in aom•ined w u~y of ~
rM puti~s fw~% tM w++~ sh+ll b~ caunued ro mean as wel! ai the hein, lpd ?+W~sent~tives, wasason u+d assi9ro (~itMr volw+tx~r bp aci of tM
p+rties w Gwolw~tuy by op~ration of th~ law) of tM sam~ u~d that the coven~ts her~in contsined shall bind ~nd th~ bM~efib +nd advantap~s M~x~ ~
ro the rap~ctiw h~in, 1~1 npraentatives, wccesso~s ~nd ass~ym of the partiss herNO.
Md s+id IlAort9a~ors, for tF~ns~lws and tMir hain, I~yal represenatives, succesion and saipr~s. F,~r~by jo;ntly ~nd s~va~lly covenam aod ayr~e
to and with th~ s~id NIORiGAGEE, iri sua~sso?s ~nd auipro: -
1. to psy ~II and sirgirlr th~ princi~l ud int~rest a~d tM vsr~oin ~nd wncMy sum~ of mon~y p~yabb by virtw of said promiswry nott, ar~ this
mortyp~. ~ach ~nd rwrY. P~~Ptly on th~ days re~pectiv~~Y th~ same ~ev~raNy becan~ dw.
Z To p„r all +md ~inputar th~ t~xa, u~ss~nn+n, Iwies, li~biliries, oblipations and ~nawnbr~nces of ~very natur~ and kind now on said d~w~d
prop~rty, a M~I Mreafsa m~y bt impowd, wffN~A, placad, I~vied, a ~u~sssd thereon, a that hare~ft~r mar b~ Iwied a u~es~ed vpon thk Morq~
+~9~, or tM ind~bt~dn~ss Narr~d Mr~by ~atfi and w~ty, whan due ~nd p~yabl~, xcwdinp ro taw, befw. tl~ty becan~ dtlinqtunt and btfor~ any intKeat
ertsches or a~ryr p~nalty b incwred; AND lNSOFAR AS ANY THEREOF IS OF RKORD TME S/1ME SHALL BE PROMPTLY SATISFIED AND DISCFi/1RGEp OF
RECORD AND THE ORIGINAI OFFICIAL ~OCUMENT (SIKH AS, FOR INSTANCE, THE TAX RKEIVT OR THE SATISFACTION PMER OFfICIAIIY ENOORSEU
OR CERTIFIED) SHALL !E PLACEO IN TiiE H/lNDS Of SAID MWRTGAGEE WITHIN TfN OAYS NFX1 AFTER VAYMENT; and in tiw ~verH th~t ~ny tMreof is nw
p+~d, ut:sfi~d u+d dischar9ed said AhORTGAGEE may at any t~ pay tM ~ame or ~ny paA therreof without w~ivinq or affectieg any option, lan, p~rity or
•iqhr under a by vi?hie of this mortya~e ~nd fF~e f~ll amo~nt of each and every wch payment shall be immediately dw snd payable ~nd fIMII bfN iMMHt
F~om tht datt thereof vntFl paid ~t r~t~ of nine per tentvm p~r annvm ~1p~y~~ th s~ch in/l~p~~ll be secured by tF~s lie~ of th:s morqtspe.
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