HomeMy WebLinkAbout2895 • . F_,~ ~ . 161438
~ THIa INDENTURE. IN~d~ d+~ 2hd d.,, er Nov embe r ~?.o. ~'6_~ e.ti+.M
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~ Kgl~,v Construation Companv. a Florida Corporat on
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~ t.,~r~~ e . cow+nr ~•w•. ~•n« d..~.»a °MORTt3AGOR.~ .~a FiRST ~wu s~wures ~o ~o~rr
~ ASSOCIATlON OF fORT PIERCE. ~ co~pa~tan o~p~nl~d wd ucitlM~p w~ t1» bws of tir tk~it~d SatN of /bnKlu ~nd Mvirq tb principd p~aa of
bwirna in ~ Gry of fort Pi~rc~. St. Luci~ Coun~Y. fiorid+. hw~imftw d~tipnfNd M 1M "MORTGAGEE."
7 wHEREAS th. IYw~tTw?c~Olt r ~u.tly G,a.b1.a b th. MortTw?c~EE in th. we, ot i 22. OOO.OO y~ and I~wh,l nwn.y of +h. uni+.d
' Stata adranc~d by th~ MORTGAGfE w+to th~ MORTGAGOR, a wid~nad b1? ~ aM+~ Pi'~Y ~h ~1OM"^0
~ wad~ and wN M• trw eoPY. Iowit: 14/53~-
~ ZZs~~0~~0 N~ L~s
~ ~ fat ~ra~ FIo~W~,, tjnvember 2i ~9_l~L,
Fa? valw naiwd. 6 w+ or ~ttM+ of ~a. P~^~ b WY, withaA d~f~lution. w t1N ordK of FIRST FfDERAI SLAVI'NG~S ANC IOAN ASSOCIATWt~I OF
fORT PIERCE at Fort Ptera, fbrid4 tM sun? of ~_ZL~.~~ witl? in~hrp~t fran d~t~ ~t th~ nf~ oi 5L~1~ pM annu~A, in monthip intt.ll-
n»m. « fol~owk i lf]~ . nn oe ~h. l~Lth d.p of FebrLariv , ~v.QSL_ n+d a fik. sum a+ th. co..«p«~!'ww d+r of .ad~ month 1i~.-
a'.rsr v+Nil tlr whol~ b~ fulty p~id. •
E~fi katalinwnt fint ~Mil b~ ~ppli~d In payment of tM int~st and tMa ot~ t!N ~np+id b~fana of tl» prk~cipd wrn. If d~fsuh i~ nwd~ in thi
osyemrd of any irotalkn~nt wMn du~, and wch d~f~uh cnntinv~s ~0 d~yf~, th«+ N ~M option of th~ ho1dM. uid whhout ~ny otMr ootiu. atl the hn~ininp
~ro~~IMwnn ~h+ll b~ dw and p~y~bl~ ~t ona. Privibp~ is piven 1o pnp~y thb noN h who4 w in part at a+y tien~ witFiovl p~n~h~l. ~N~~hpiwr
~ta~n+bw~na~.
nor appt~na b~r t!K hoidK tiwwf ~hK ~ny defwh in any p~yments Mrwn. ~i b~ d~~nMd ~xt~nsion. A IN~ W~e~nt dw+p~ of i_Sba v~ ~hali b~
~dd~d ~o ~ad~ insqlM»nt nmaiid~p w~p~id 7 daya aft~r ib dw dN~, and a 4b wm ~MII b~ add~d to ~ach such YuuUnwrM nn~+p wp+Id 7 d~Ys afN?
cach svooMdwq P+Y~t d+».
E~eh nwk~r, swNy and ~ndor~ M~rof, jointly and ~evadly, vwiw~ damand. Pnxro^w^t Pro»st N+d notia of proNst fa ea~payenant. ~ed furdw
sgnq b any ~xfsnfion of f~ of paymaM, eithsr b~(or~ or ~NK ~natwity. without notiu to sny of w: ~nd ro p~y ~U cosb of cdl~ction. Inciudlnp •
resso~sbls anora~y's fN in th~ ~vent of any d~f~uh Mrwede?. ~d h~nby s~wraly wsiws dl b~n~fit of M~r~stNd and ~x~nption undw th~ aorotindlon
~ed laws of ead~ Sub of tM Unitsd States, ss painst this oblipation a ~ny ~:t~mion a r~wwal I+Kwf.
WitMSS IM iwnd and swl of ~ad~ p+7ty:
Kell Constructfon Com an ~
Kellv Hall. President ~
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r ~ 3. ~JO ~ sw. R.rwiu.
(Srampa analt~d on oripin~l ~+w~)
NOW. 7lIEREFORE, tM MORTGAGOR fa tM p~rpw~ of wcwin0 Wl~a~t of s~id wm of and t!N p~r(orn~,~ of /h~
oov«w+e~ and ~prMm«~a I~einaft~r t:preuad, r+d fa t~v~.• 9ood and vdwbb aomid~r+Mon~. b1l t•w pns~nt„ dws ~.ant. b+ro+te~, N14 nmi~e.
r.l.+w` oonwl? ~nd oonfinn unq tf~ MORTGAGEE. Ns woc~s~ws and ~s~ipns. ~U th~t o~rtatn loy Pi~a a p~al of I+ed, sHwt~. hinp. ~nd b~M+O h th~
~~qy ~ S t_ T.u ~ i A , and S~a~. of Flaid~, d.wtb~d N totlowa
Lot 3, Block 6, ORANGE BLOSSOM F.STATF'S, SFCOND ADDITtO?t, as per plat
~17ereof recorded in °lat Book 1I.~, page 2, of the publi~ rAcords of ~t.
~ucie County, Florida, v
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~ to~tM vviMh dl and sinpular tM t~rNmau~. Iwtidtan~nri ~nd appurtanea tlwrw+nto bdonpinp or in ~erywiN ~pp~rbWnp tlNrMo. ~nd all ra~b, tMw~.
p.on..a. «tia profia ~aruinp ,ea w.arw fran said pr~maa aQ of wl~id, rKkid.a in th~ .bon. «~a tw.poinp davtp~ion .nd h.b.~dwn.
TO HAVE AND TO HOLD the al~w~ dauib~d ~nd ~aNed prMniNS uMO th~ Nid MORTGA~t'sEE. i1a woa~wrs and a~ipna forw~r. Md fM s~id
MOItTCJ?GOIt fo. the ir •~an«.. .dminf.r..w.. .na .,siprw Iw.M ao+r«~eMS wNh 1h. ..w MORTrsAGEE, as woon.o.. .nd «YVr.
rn.t th~y 6re lawh,~ly s~iud of d» ..w pr«ni~e. r, f.. .imply MN th. .am. k..., dw .na diKh.ro.a f.om .fl a~n. .na
br~e~ee, in ~+w o. in .qui+r. .nd tFut they wi0 .na thei r t~ .h.u w..a~a .ed d~nd +h. thb w N+. sMn. to ~h...td
~ MORTGAGEE. IM woasto~s and a~iDm. forw~r +Winat tM I~w(ul cbims ~nd dMnanda of ~H p~nan~
PROVIOED. ALWAYS thtl if tl» MORTGAGOR ~haN p~y wMO th~ MORT<iAGEE 1M p~an~tory noh IwnLib~fon d~wlb~d rd dull uvly. P~P~b
~ ~nd futlp P~iorn~. ~dwpe. ~x~ouh. comp~et~• ca~p~p with end ~bW~ b~r ~ad~ and ~wry the afpu{atioir„ ~pnvMeN~„ co~dHion~ and oav~ of wid
~ prorrwso~y noa ~nd of thts Monp~pe, thw~ this Mortpp~ aed th~ Ettat~ 6enb~r cn~t~d slwN a~» and b~ rwll and void.
~ IT IS UNDERSTOOC fh~t tM word "Mw~D~por' whMhM in th~ sinpular or plurd aiywlnr+ b thi~ JNorrp+p~. sh~p b~ sinpul+r ff on~ only ~nd
shall b~ plwtil ~oaitly and Mvwdfy if mw~ tlwn orr, and th~t th~ word "tiwM" a uwd anyviArr~ in Nd~ Maqap~ ~h~ll b~ tak~n to mw~ "Id~." 'h~n.°
~ or "i~s.' wlrrw~r the aoiMUCt w impii~s a~dnNb. Alw. Mrf wfi~rw~ thae b~ nfarma ln tl~ ao~wn~ms ~nd a4n~n~r?b h~nin oom~Mrd b~n~r of
?#,e pniN Iw~w th~ a~ ~Fall be aoewrwd to n»~n a w~d r tM Mks. MY+~ tip~s~nt+~jws. aioas~on and aWlpns (~itMr voluroary bY ~d of th~
partiM a InvoluMMr b~r opKation of th~ {w) of the s~ and th~t tM ao~v~nanb MrNn ooM~M+~d slwll bind and th~ b~nef'ds and ~dvamap~s inw~
ro th~ ~qa1w Min. bpd npNa~t~NvM. woas~o~s and asipns of th~ p~ 6KNa
~ Md aid A1ort~~pors, far tM~wlw~ ~ tlwir MYs. Ipal np?~wm~tiva, wawon ~nd +~ipr. Mr~b1? i~ and Mv~rall~? cov~w~t ~d ~prK
ro~nd with tti wid MoRTC.AGEE, hs avccasson ,ed a~iprKs
1. To pay dl ~nd sinpular tM prindpd and kn~rNt and fhi rariou~ and wndry wm~ of moe»r pry~bl~ b~r virtu~ of Nfd pramiwory noa. and tlii~
mupp~. Mch M+d ~wry. Proinplh~ on th~ d~ri rap~ctivd~r th~ ssn~ sw~r~l ba~an~ dw.
To p~y ad and sinpulr tM t~xM, s~aa~. ~wi~. Il~bitNNs, oWip~tion~ and ~naee~brM+a~ d~wry n~fw~ and k6+d now on s~W d~wlb~d
~ wao~h. a tha h«~aftK b~ knpa~d, wff~nd, v~+ad. Iwi~d, a awwd tM.wn, a th~t M~«itK a~r b~ levi~d ~~u«Nd upon thN Ma1~
+ye, a dr Ld~bt~drNa wcvnd lwnb~?, wd~ and w~r, wMn dw and pay+bb. +ooordin0 a law, bion th~p b~aonN del~wwnt. and b~ton ~nf? InNna
att~clws p arrp p~nahy is indrtr~dt ANO INSOFAR AS THEREOF 1S OF RECORO tHE SAME SNALL SE PROMPTIY SATISf1E0 AND OISCFIARGEO Of
RFCORD AND THE ORIGINAI OFfIC1Al DOCWNENT (SIJC~ AS„ FOR INSTANCE. T!# TAX RKEMT OR THE SATISfAGT10N PMER -0ffKl/1LlY EMDORSEC
OR CERTIf1ED) SHALL dE ?lACEO IN THE HANOS Of SAID MORT<iAGEE YYITHIN TEN OAYS NEXT AfTER ~AYNIENTt ~ed in tht rwn~ tlwf an~? th~nof k no1
p+~d, sn:sMd ~nd dNd+~y~d w:d MORTGAGfE may N enp tirn~ par tht ~~nr a aq/ p~rt Mw~o4 withovf wahrin~ o~ ~fhcti^0 +~Y ~4 N~• ~h~ a?
.qhr wwl~ a bp virtw of M+is nwrtpap~ and the fvlt amowN of ~ad~ «+d ewry w~d~ p~ynw~K tlwll b~ inrmdi~aly dw and p~y~bM and ~haU bwr inMMt
~ ~•om tM ~N tiwr~of unfil p~id H raN of nin~ par untwn pu ~mwn ~nd topMMr with wch Ma~st shdl M wn~nd bY tM N~n of tha rna0lp~-
$~K 168 2884 ~
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