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1~ iH13 ENOENTURE. JN~ ~ .
Q~._ d~1? of ~~IY.Bnlhc~r: ' ~ A.0. 19-s~.~_. bMM+~n
~ ~~,ruction ,~~~y~ a Flor3da Cor~ration
~ pf .c~it- ~uaie . County Notid~. IN~tinafNr deNpnaNd u tM "MORTGAGpR," snd fIRSi FEDERAI SAVINGS ANp IOAN
1?SSOCIATION OF FORT PIERCE. a~orpo.aan aqareibd and ~x:uinp wda ~M bnn ot M~ U~i~ad S~~ra of :.m~riu Md MvLq N~ P~~P+~ P~ ~
bwir~sa h t!N Gify of fwt PNto~. Si. l~ Counhl. Flaida. Mnin~fta tl~sipn~t~d M tlw IYWRTG/1CEE." ~
WHEREIIS tM JNORTGAGOR h jwty ind~bt~d w tl» MORTGI1GfE in ~M w~ of ~-~~T~O.OO pood ~nd lawfvl ewr~y of ~M Unchd ~
St~t~s advanc~d by tM 1Y10RTGAGEE un~o N+~ MORTGAGOR. as ~videncd by ~ cKt~in pomiswry no~e of w~n daN Mrwri~h, of w1ucA ~M fdlowinD .a
wordr and fi~xq b a trw copY. towit:
' ~ 1 K,3~4.~ a~,~.~
P~, November 30, 19~,,,
Fur wlw receiwd, 1, wr ar sirAer d u~, p.om;» to wY, without d~falurion, w ih~ ord~r of iIRST FEDERAI SAWNGS AND IOAN /1SSOCIAIK+N Of
FOltl DIERCE ~t Fwt ~itru. Fb.ia,, rh. ~ s 1~- 7 50 - ~~'~C p.. «+~+wn, ~+w,~y M.ui~
with ie~etat iran date at tlw rat~ o
msaus a bltwvt: i~-1 ~ o~ ~i+. ~.~1 d.y of Februarv 19~ acd ~ tib wm on tM eornspoed~np d~y of ~aefi month th~rr
sf1~r until tM whd~ be fully p~id.
E~ch irnallmt~t (~a s1?all b~ a~ptied in payment of fh~ intKest and Mee on tA~ unpaid balanca of fM p.incipa) wrn. If defwh is n+~da in tM i
payment of ~ny in~t~tlment wh~e d,~. y+d svch d~favh co~i~nv~s JO days, th~n ~t the opr~oe~ of tha holder. ~nd without u+~r o~Mr notice. aH th~ ~~i~wnp t
ir?sullm~~b ~Mfl be dw and payabl~ af or~. Privilt~ a pivse ro pr~par fhb nols in whol~ w in p~rt N~ny tinw wi~hout pe~~altv. •Nei+~t ~ta~~bNrancA i
nw ~cc~ptana by tM hoitlM Nw~of sfNe ~mr d~faalt in ~nY p~ymenb Mreon, sMll b~ dee.nsd sxtension, A I~r~ p~yn~ent cfw~ of ~~1. sh~ll b~
adJ.d a~acA N?st.~lwwnr ninaii~in~ w~p,d 7 days •he. m dw da». .nd s lik~ swn sh~l1 be a~ld.d a sxA wch waql6naa r~nwininp w~pad 7 d~~rs ~ha
~ ~ MY~~ date.
E~ch m~ke.. surey snd endorsN hcrwf. Ioint~Y ~nd sever~ttY. wa~ves dem~rd, pr~se~trnsee probst ud noric~ of praeat fo? ~wnA+YmaN. a~d iwtFw~
ap.ees to any ~xteas~on of t~ of payment, either before w aher m~twity, without notrc~ to ~ny of us; a~d to pay all cosb of colkdion, ioclud~np •
r~asooabh attorMy i fe~ in tM ~vent of any det~ult herew~d~r, and har~by ievcrally w~iws all bfne~t of Iwrt~sstesd and ~x~mption w~d~r fh~ tansdtution
N+d I~ws of ead? Sut~ of tM United State:, as ayairot this obliQa~ion p~ny sxtrrwion or ra..twal h~reof.
Wia~eu rM ha+~d and ~sal of each party.
Kell Construction Company ~
~ By: s Kell~ Hall, Presider~q
~
~ 23.70 ~ u,r, R.~«~.
(St.mw c.ncdl~a a, «ipin.~ not.)
NOW. ?HEREFORE, tlw MORTGAGOR fa tM p~rpos~ of s~cwinp WYmem of of : 15,.750~0~ , and 1iN parformana of th~
re~~ aonw and conf'um qFtl»~MORTGAGEE, i1s ~uaeuors and~ ralwbb consid~rstiaw b'f~ tMse Prp+rNS. dws qrant, bu~ain. s~ll, ~enrs~.
r .s.gns, N~ tlWt a.n.in ~a, piat+ « panal ot IMd. .in,.n. hinp. and b:np in t~+.
cow,M ,f S t. Lu ci e ,.nd St,n of Fbrid,, d.w~d a follawu ~
I.ot 7, ~Block l~., ORANGE f~,OSSOM ESTaTES, Second Addition, as per plat thereof
recorded in Plat ~ook 11~, page 2, public records oF St. Lucie County, Florida,
.
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w~rha with aN snd sinyular th~ t~mnwnri, haed'a«nents and +pQwqnces tha~unto b~toop~np or in anywit~ +PPnt+i^inp thaNo. ~+d aU nn», iau~s. ~
proce~ds and Frofin aaruirg and w.ccrw from s.d premi~es .It of wliich a. induded in rM ~bow and foropoi~~p davip8o~ ~nd habendwn. t
~
~ TO HAVE AN~ TO NOid tM ~bow desa'bed ~nd 9rMted p~mi~ vMO tM sald MORTGAGEE, ib wouswrs and ~ssip.ht fo?w~r. Md th~ wld ~
NWRTGAGOR for -~A hein. ex~cuton, sdministr~bn ~nd as~igns, Mt~by oown+nts with t!w s~id NWRTGAGEE. Hs woauots aed utipm, 1i
~ ~ t ~ 3 lawfully sei:ed of ti~e s+d pemws in ts~impl~: thaf th~ sam~ w ir».- dear and d'nch~?y~! frone dl li~ns and Mcunr i
' br.nc.s in ~.u? w in .q~»ty, .ea th•* it ari0 .na i t•a Mir, sMU ,w..qnt .ea aehna th. ntb w th. :sn» to th. ,.w ~
JMORTGAGEE, in sucusso.s and assipns, forrwr apaiiur tM lawfut d~imt and dNnMds of ad p~noiui
PROVIDED. AIWAYS thal if tly MORTf'sAGOR shdl p~y uMO the INf~RTCsAGEE t!M aro~n?istwr nW~ h~rtL?bsion dew~d and sh~U truly: promptll? ;
~H P~orn~, dtd~arp~, t:acvt~, compl~t~, ewnplY with ~nd abide by tacfi ~+d ~wry th~ sYpulatiom, apr~ms, tonditioru and oow~nwqs of said ~
promissary r.oU and of tlds IlAortpap~. then this Morqap~ and th~ 6t~t~ henby utatsel sh~tl ceaw and b~ nutl ~nd v~oid. ~
IT IS UNDERSTOOD thH tlu word °Fhorty~por' wMtMr in tf» t~nputar or pkrrd anywhere in this AAat~ape. sMaQ b~ sinyular if one a~ly ind
shall b~ phKal ~ointy and s~wrally :i mort th~n on~ and that tIN word "their' u uad ~nywlMr~ in thia Maq+~ sMll b~ tdun to nKan "his.•• ••Iwa,•• ~
w its," wl~erwa th~ oo~man w:nplies w~dmin. Abo, rMt wherwK M~n h a nf~ in th~ oov~nants ~nd as•~smM+s herein oo~bin~d ro any of ;
tM parties fw~to. tM ss~m sh+lt b~ taunutd b~an a~ vwt! as !h~ htin, bpil ?~Presa+atiw~, svonswn and usipna (~i?iw vdwaary br ~ct of the j
psrtia or fnvohrr?t+rY ~p op~rarion of tM law) of tM wrN ~nd tFw tM oovan+nb hr~in caaainad sh~ii Sind and tF» ba»fia wd advaiu~a (m+n
1o tM rasp~ctiw h~MS. Ipal rapresem~tiva. aroauors and au'yrK o/ t!n partiq 6~rtta
. Md ~aid AAorqapon, for tFrmsstvss ~nd tiNir heirs. Ip+l rpreHretaN+rN, s~rcc~siors ~nd ~.sipia, Mr~bp jointy ~nd s~wr~lly oov~nanr ano ~pr~t
a.nd wirl? tM s.id IYIORTGAGEE, in sucoawrs and .asipna:
1. To p~y all ~nd siegulu Nr prineipal snd int~rest ~nd thi various ~nd wndry wms of nanr~r pay~bl~ b~? v'vtw of ~aid pranissory ns,.~. Mw: Hrs
morty+~e, wd~ and rw~r. P~~h d~ri ~~h th~ a~ns sew~~lhr b~coily dus.
2 To phr dl .nd ~rgrlr ~M ax.s. .~s.sMmnn. Iwie~, IiabHitws, obl;p~tion~ and ~+rcumbnnas d ewry mtw~ and kind now on aid dauib~d
prop~rty, a MN haNfNr wwy M impoud, wff~nd. d+u~. or _a~ss~d tFwr~on. a that han~fta m~y b~ Iwi~d a asw~wd uPon tl~is Ma1~ ~
~ a th~ N~d~b~~diMS~ s~our~d Iw~bl?. ~ and wNr, wMn dw ~no pa~rablt. ~ocardieg b I~w, b~forr tMy bsean~ d~IjnqtrenR, and Mfor~ ~nY hta~st
+tt~ches or any ptn~Ny is incwi~d; ANp INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SMAIt !F PROAAPTIY SATISf1EC ANO DISCWUtGEO OF
RKORD ANp Ti1E ORIGINAI OFFKtAI OOCUMENi (SUCM AS, fpR INSTANCE, TME TAX RKEIPT OR THE SATISfACT10N PAPER -0fFIC1AUY ENDURSfD
OR CERtIfIEO) SHALL OE PtACEO IN TMf HANDS OF SAID MORTGAdfE MVITMtH TEN DAYS NEXT AFTER PAYNIENT; snd in 1M e•e~t tMt a~r tlwreof ia na
paid. ~atsfi~d and d'wcharysd satd MpRTGAGEE may at aoy tinw p~y th~ iame a~ny part thenof without w~ivwq or ~ff~ctinp ~ny opiab li~n, ~quity p
•ipM ur~ w by virn,e of tha mo.ryape and rhe fvll anwiin~ of NcA and rvery wch p~yrrwm shdl be immediateti due i~d p~yabk and shalt bNr int~~sf
~?om r1w d~a rhM~of uneil p~~d ~1 r~~* of ni.~ p~r untwn pK ~mwm ~nd fopNha w~th wch ir~r~est sh~ll b~ wcur~d by M+~ IiM of th:s ~nor~pta~.
a~K 169 ~~E 1080 ~
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