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HomeMy WebLinkAbout2576 ~ , 149~3;~ ~ R ~ , rnis i~e. M,d. d+r - Oc tober n.c. ~9,~. e.,w.«~ ~ e119 Conatruation Compan4, a Florida Corporation of Sta LLiC A Cp~~y Flwid~, Iw«inahM daye+~t~d ~s tM "MORiGAGOR,~ ~nd FIRST FEDERAL SAVINGS ANO IOAN ` ASSOCIATION OF fORt WERCE, • oorpa~tia? orp~+ir~d and ~aiuinp tM laws of th~ Unitd S~ata of Am~rica uid _Mvinp fb prlncipd plao~ of } bwk+~ M th~ Ciry d Farf ?i~ro~. St. LucM Gounty. Flafd~. Mr~in~hu daipnat~d a th~ "MORTGAGEE:' YYHEREAS tlw INORTGJI('~OR i~ ju~tly ird~b~t~d 1o ths AIIORTG/1GEE in th~ s~m of ~ 16 s 000• ~0 ~ 9ood ~nd I~wful mw»y of th~ Uoited ' St~t~s dvanad by th~ MORTGAGEE unto tlw MORTGAGOR, ai ~vid~nced by • cer~ain promiuwy ~wt~ of ~wn da~~ hK~with„ of whid~ ti+~ tolbwi~np in t~ i~ 00~:00' `°PY' '°~"h 1 810 P,.n.. F,a;d., Oatober 1T~ 19 Far v+lu~ nniv+d. vw o~ ~itF~ of ut,~~~ b p~y, without d~f~lc+tioei, to tM ader of FIRST FEDERAI SAVINGS AND LOAN ASSOCIAt10N OF FORT PIERCE ~t Fwt Pi~ro~, F{orida th~ wm of ~ 00~ ~ ~0 w;th intaest irom dat~ at tM ~~t~ of~~X. pN ~nnwn, i~ monthly imtslb ~„enn a follows: = 11 p~ th~ lOth ~y of Fab~ua~7 y 19~_ ~nd • lik~ wm on ths con~spor?dinp d~y of ead+ monfh tMrr aher untii tM whot~ M fvlly p~id. Each ka~alkrwet fint sMl! b~ appli~d in paym~nt of ths in»rest and then o~ tM unpaid b~l~ncs of tM prir?upal sum. If da(~uh b m+d~ la tM paymMf Of M~y iM1i11~Mnt wMn dw. ~nd wch defwh continwa ~0 daya, then ~t tM optan of tM holder, snd without ~ny other notic~, sll th~ r~rnaininp installmanh sh~ll b~ dw ~nd pay~bl~ ~I aKt. Privil~ is yive~ ro pnpaY thh note in whob or in pa» at any time without p~n~lty. PNitM? fonbtar~nc~, nor ~oaptano~ by th~ Ia1dK ther~of ahsr ~ny defavh in uqr payments Aereon, sh+ll b~ deemed ex~ensioo. A lat~ psym~nt chup~ of : K. . 7 5., shall b~ edd~d ro~~ch irotalleMnt nmai~inp unpaid 7 days ~ka ifs du~ dat~, a~d a liks ~um sh~ll be added to tach iuch ii+stdlment rsmaininp w~paW 7 days ~H~r ~ach woo~dirp WY~~ d~b. Ead~ makK. wnty u~d endorsv I~wf, joinrly and ure~ally, waives demand, p.e~entment protest ~nd no~ia of pote~t fw na+paym~nt, u?d fwtMr agrees ro any ~xtaubn of tim~ of psyma~t, eithe? befor~ o? aher maturity, without notiu to any of ~t; snd to pay ~II cosq of coll~ction, incl~dinp • reasonabl~ anorn~y's fs~ in tM ~vent of any default hereunde~, and Mreby severalty w~ives all benefit of homesread a~d exemption ur~der the constltution and laws of f~th Sla1~ of /M W+iNd State~, ~s ay~inst this oblgation or any extension w renew+l FNereof. Witnas th~ 1»nd s~+d seal of each party. Kell Conatruation Com an ~ s Kall Hall resident ~~wu ~ 2~}.00 , sr~,. R.~»rw. ~ (Sr~rnpa anall~d on «qiryl non) ~ NOW, TNERFFOkE, tM MORTGAGOR fa tM pwpos~ of secvring payment of p~d svm of = 16 ~ ~~0. ~0 ,~nd th~ p~rfonn~nc~ of t!~ cov~n+nb ~nd apr~eb MnL~aflM ~xpresfed, snd fw diven yood and wlwbf~ consideraYioes, by tF~et~ pn~enn, do~s prant, bary~ie~ ~ell, nmis~, relsas~. aonv~y u~d oon{•~nn uMO tM MORTGAGEE, iri svaeuws and auipns, dl thd catain Im. Piep or p~rc~l of t~nd, sitwt~, ly'u~p, ~nd b~kg in th~ ~~~y ~ S L11C~ ^ a~ Sutt of Flwid~, desa~d u fdlows: , .1 Lot 2, Bloak 3: ORANGE BLOSSOM ESTATES, 3econd Addition, as per plat thereoP recorded in Plat Book 14, page 2, public records oP 3t. Lucia County, Florida, . G~ + RFCEtYff~ f - tb PA7MENTOFTAXES - L'LIE O'•'~ C'_ ~ ~ . . , ; ;~v~ ° o` OVAI PROrERTY. PU3SJt'if'+~ - <<'u7`+. a~t~JF 1941, R~ ;G e~ r't.: ~ ' . .rk C'.r,~is urf i--- . . o. ~:.,nt f-x : JA~~"3 1/-~ ~ C a~" s~. :r~ ;,C~ : t c~~ ~t~ ~ Z DOCUMENTAo r ST - i7~~/C7'7's'`L'~ic' J p _ OCT18'66 3~ 8y------ ~_FUn c~c ~o~+arnou~ ~ 2 4 0 0~ P.B.~9a~ae ~ - topetlw with ~II ~nd sinpvlar tlr t~nemeMS. Mr~tamenb and ~ppurtanus tMre~nto belonpkg w in anywiw app~rtaininp tMrHo, and all ra~t~. bsws. wocw~k and profits ~oavinp and ro acvw from ~aid premises. ~!1 of which are incG~ded in th~ abow ud forpoinp d~w~ption and hab~ndum. TO HAVE AND TO HOI~ th~ ~baw describ~d ~nd pnnred premises vnro the ~id MORTG/?GEE. its woassors ~nd sssipns forwa. Md th~ ~ald MORTGACsOR for it8 Min. ~xecuton, adminatraro?s and aasiQm. lwreby cownan» with ths ~aid MORTG/1GEE, its Hrocason a+d a~sipn~, r~.~ it is ~ ~,i ,.;ua}~s ,ti...w !y pema~s in fe~ simpl~: th~t tM wn~ ue frM, cl~ar ~ed ~Mrpad froen ~tl li~ns ~nd ~neunr bra,~na in law w in ~qvity, ~ed tMt~ will and it8 hein ~MII wunm and d~f~nd tM titl~ w tM sanr to th~ atd MORTGAGEE. hs wa~ssws ~rd augm, forswr pairot tiN I~wful claims ~nd demand~ of ~II pe~soms PROVIOEO. ALWAYS Mn H tM MORTGAGOR shsll pay u~ro tiN 1NORTGAGEE tiw promiswry not~ har~inb~fon describd and ~ha!! hvly. P~~P?~Y and fully pNlwrey d'adM?p~ ex~cub, sompl~t~, comply with ~nd abide by e+ch ud ~v~ry tF» stipul~tans, apre~menb, ow+ditions ud oovM~np of said PromisiarY ooN +nd of thi~ Mo~qap~, tMn this Mwtyap~ uid tM ht~te h~r~by vt+t~d ah+ll cNw and b~ rwll ~nd void. IT IS UIJDERSTOOD th~t th~ wwd "Mon~~ya" whether in tM sinpulu w pkKd anywher~ in tMs Mortpape, sh~ll b~ sinpular if on~ onl; 1 shaH b~ plurd iointly ~nd Nwrally S mors ti»n on~. Md thaf th~ word "tMir" as uied ~nywMr~ in tha Mort~~pe ahall bs ukan to rn~an "hi~" "Mn;' o~ "it~.° whuw~r tFN come~ct so implie~ or admiq. /1yo, that wher~var ther~ is a nf~reec~ in th~ cov~nants ~nd prNrt~eon Fwr~in oontai~ed to a~y of tM parti~s haMO, tM snM shdl b~ oonatrud to m~~n as wett as tM hein. I~yd nprasnt~t+ves, woceuo~s and ~s?Ipns (~itF~u wlwNary by +~ct of tM pania w inrduntary b~r op~r~tion of th~ law) of tM samt and th~t tM covenanb henin contairnd ~hall bind and tht b~rnf;ts and adv~ntap~s kwr~ to th~ rap~ctiw h~irs. Ipd npns~ntatiws„ wcussws ~nd asi~pns of tM puties h~rela ~ ro and wNA th~ saJd~GJ1GEE. its wa~uwsand~ ~ I~t repr~s~r?tativu, wcc~swn snd assipra, f~~by jointly and s~vaally oov~nt and apr~e 1. To p~y atl and ~inp~l~r N» prinapal and int~reat and tM va~ious and swidry wms of maMY WY+bI~ bY virtw of wid promiuay nob, and thb ~~~Y. a~P~N p+ ~ dw~ r~ap~etivety th~ saen~ s~vr.ly b~coerw dve. To pay all ~nd sinpulr th~ t~xw, a~a~nn, bvi~s, liabii~ties, obtiqatian snd ~ncwnbr~a of wKy MtIKf afld IIL1d now on said dacrib~d wopalr, a Nwt Mr~afar may b~ in~owd, suff~nd. P~+pd. Iwid, or aswas~d tba~on, or that h~naftK may b~ Iwwd a awsNd opon tl~ Mat~ +Q~, a/M M~d~bl~dn~u Nan~d hu~bp. ~ad~ and fv~rY, wM~n dw and pay~bM, aoowdieg b I~w, b~fo.~ thry b~eom~ d~linqwnf, ard Mion uh/ iM~nst •n+clws o~ sn~/ P~nrlry is inaKred: /?ND tN50FAR AS ANY THEREOf IS OF RKORD TNE SAME SHAII 6E PROMPTIY SATISFIED AND ~ISCHARGED OF RECORD AND TME ORIGINAt OFFICIAI OOCWMENT (511CH A5, FOR INSTANCE, THE TAX RKEIPT OR THE SA115fACTION PMER OFfICIAItY ENDORSED OR CERTIFIED) SHAtL dE PIACED IN TNE HANDS Of SAIO NWRTGAGff W?iH1iV TEN DAYS NEXT AFTER PAYMENTj and i~ the ~vent that ar„r M»r~pf is no1 paid, iat:afi~d ~nd dpcharq~d s~;d MORTGAGEE may ~t sny time pay tM saen~ a ae~y p~rt thereof withow waivinp w aff~ctinp uhr option, li~n, equity w •~qht w+d~r a by virtuM of thi~ morty~ and th~ full ainount of each ~nd ~very such payrn~nt shall b~ imnediately dw and p~yabl~ ~nd sh+tl b~K intK~st ~.om tM d~M tlw~~of vetil paid at rate of r~ine pe~ unrum a with t ~hall b~ secured b H+e IiM of th:s mw9tpe. ~ ~R/ I PAC~ y ~ P . i w ~ - - ~-~;k ~ • :