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Home My WebLink About1435 . THIS INDENTURE, Mad~ 1M lOth d~y of February A.D. 19 68 bstwNn Kelly Construction Company, a hlorida Corporation~ + Saint Lucie • in f~ n~ted ~f /M "MORTGAGOR," ~nd FIRST fEDERAI SAVINGS AND IOAN ~ of Couety Ftorida, hen • a da~g ASSOCIA110N OF fORi PIERCE, ~ corporation orq~niz~d and axi~ting unde~ tM lavin of ~M Unit~d Su~~s of Ame~ic~ +nd havinp in principal plsc~ of ~ busintu in iM Ciy of Fort Pi~ru, St. luci~ Cou~ty, Florida, htr~inst~er d~~iynated ~s tM "~;C~f~~~ WHEREAS tM MORTWIGOR ia iwtly indebted ro the MORTGAGEE in the sum of ~ ~vu good ~ncl Iewful mo~ey of the Un~ted ~ Statei advanced by tM MORTGAGEE unto tM MORTGAGOR, at evide~ced by a csrtain promiswry note of even cfate herewith, of which tM followir~ in ~ wads and fi9ur~s is ~ trw copy. to-wit: = 1'7,200.00 i,~,_14~706 . F,,, P;e~«, Fi«~d,, February 10 19 68 ~ For vat~e received, 1, vw w eithcr of us, prom~se to pay, withouf de~alcation, to the order of FIRST FEDERAL SAViNGS AND LOAN ASSOCIATION OF ~ FORT PIERCE at forf Pierce, Florida, the aum of s 17 ~ 2~ w;~h interr~t irom date at Ihe rste of 6~7-^fe per a~num, in monlhly instatl- menn as foltows: : 123 l~th day of `1~e 19 68 ind a Gke sum on the cw~espond~ng d~y of each month there- ~ ~fter until the whole be fully p~id. Eath inst~llmcnt firet iMll be applird in paymcnt of ths interest and then on the unpaid balsnce of the princ~pal tum. If defsuh is made in the payment of ~ny ins~ailment wF~n due, and such default con~inues 30 days, then at the option of the holde~, ~nd without any other notice, all the remai~ing instaltments ~hall be due and payabb a1 once. Privilege is given to prepay ihis ~ote in whol~ o~ in part at any time without penalty. •NeitMr forebea~~nce, nor aaeptance by the ho4der thcreof after sny defauh in ~ny payments Mreon, shafl be deemed extension. A I~te psymeM charge of : 6' 15 sh~ll be added ro each imtallment remaining unpaid 7 dayi afta ib due d~te, and a like tum shall be +ddetl to exh such installment rem~ininp unpaid 7 days ah~? esch iucceeding payment date. Each maka, surery and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest fo~ nonpayment, and furtMr agreef to sny exte~san of iune of payment, either before a aiter maturity, without not~ce to any of us; snd to pay all costs of co!lection, includiny e reaso~ble attwney i fee in the event of any default hereunder, and hereby severally w~ives all bcnefit of homeitead and exemption under fhe cunstitutio~ artd laws of each Su~e of th:. United States, as s9sinst this obligation a~ny extension w renewal hereof. w~~~,~s• ~he h.~+d a~d ~~ai os ~ach ~nr. Kelly Construction Company csE~u y: s e y a , resi en ~U Sealed with the corporate seal ~?U . (s~?u ~ $2s.so ~ st.~~ Reva~u,. (Starnpa tantdled on aipirul note) 17 ~ 2~Q •0~ NOW, THEREFORE, thE MORTGAGOR for tM purpose of securinp payment of ~sid sum of = and tM performance of the covenants +nd preements hereinaher e:p.esscd. ~nd fa diven yood snd wlvr.bl~ conside+~tions, by fMs~ p?eients, doss grant, bary~in, ull, rem]se, release, conwy and confi~m unfo the MORTGAfiEE, in ~ucceason ~nd ~uigns, all thst uA~in bt, pi~w or putel of land, sitwl~, lyinp, ~nd beinp in fM ~,~ty af Saint I.ucie and Star. of florid., d.wlb.d a follows: Lot 7, Block 2~ ORA~iGE BLOSSOi~t ESTATES, Second Addition, as per plat there of on file in Plat Book 14, at page 2, of the Public Records of Saint l.ucie County~ Florida~J ~p~t ~ ~ ~ LY ~w ~~NA~ - LE OF ~ •G ~NtAN207~~ ~`t~putt IiIEG~~~ ~ c~N~g G,e* ;~F,S u .`_i I f-~ i F.r. t' L U'r: i U A ~G;.a ~~~Rt15 ~ - r ~`_STAMP TA:( ~ ~ox ~ F„ DCCUh1ENTA„-_ , - ~ J~~ ~ ~ - FE313'68 ;~%z~\- ~•~i~ 9~.. ~ ~ _ 2580_ CtM?TRGIt~~ ~ ~ v~ Y = M `,p _ I Cl:.ten1;R topether with sll ud singulsr the tenements, hered~tsmenn and appuha~xes thereuMO belonyin~ a in ~nywise ~ppertaininp therero. ~nd ~II renb, iuws, proceed~ ~nd profin acuuing and to ~cwe from ssid premises all of whKh ue included in the ~bovt ~nd forepan~ description u~d h~bendwn. TO HAVE AND TO HOW the ~bove described end yr~nted premiies unto tl+~ uid MORTGAGEE, in wcceswrs s~+d auiyr?s fw~v~r. Md th~ said MORTGAGOQ fot , lt S hein, executws, +dministraton and •ssigro, hereby covensnri with the said MORTGAGEE, its wttesson ~nd ~aipiu. that lt ls_ IawFully se~zqd of the ssid premiies in fee s'unple; that tl+~ samt ~r~ frN.. ctesr ~nd discharped from all liem ~nd ~ncw++- br~nces in I~w w in equity, and that lt will u~d 1tS hei~ shall w~rrant and d~fend tM titb ro tM s~m~ to tM said MORTGAGEE, its soccesson ~nd auigns, forever ~yairut tF~t lawful claims ~nd demands of all pKwru; PROVIDED, AlWAYS tMt if the MORTGAGOR shatl pay unto th~ MORTGAGEE tht promiuay not~ hereinbefor~ describad and ~hdl truly, promptly a~d fully psrfam, d~sch+rya, execute, compkte, comply with ~nd ~bide by exh and wery the atipulatia~s, ayreen?eo», CplditiOfU ~fld QOVlM111a Of Hid prom~ssory note and of this Mortgaye, then this Mort9ay~ +nd the Esute hereby ve+ted thall ua~e ~nd b~ null and void. IT IS UNDERSTOOD tMt the word "Mortypor" whe~her in the tirgulsr a plural anyvrha~ in thi~ Mortyaye, shall be sinyular if on~ only +nd shall be plut~l jointly and ~evenlly if mor~ than ons. ~nd ths~ the word "their" as ~s~d anywl+ae in this Mort9s~e sMll be taksn to mean "hi~:• ••tien; • a"i»;' wherever the context so implies w admib. Alw, that wherever the~e Fa ~ ref~rent~ in the tovenants ~~d ~greements he~ein tonhined to any of the psrties hereto, the ~ame shall ba construed to me~n u well as tM hein, 1e9+1 npresentative~, waeswn and assgea (sither volun~ary by ~ct of th~ pania or invotu~tary by oper~tion of the law) of ~he s~me and that the covenann her~in contained shall bind and the benefin ~~d adv~m~y~s inure fo the respectire F~e'u~, Is9a1 rtpresentativef, tucceaors and au'yro of tM putits hereto. Md ssid Mortysyors, for tF~emsslvp and their hein, le9al representativq, sucusson +nd auiym. !?treby jointly and teverally coven~nt and ~ree ro and with tit~ said MORTGAGEE, iri wcceuon and auigns: 1. To pay atl and sinpular th~ prinap+l and intNest and thi variovs ~nd sundry sums of maKY paYabl~ by virtw of said promiiwry not~, and thia mortyye, e+ch a~d w~ry, promptly on tM days respectively tM sam~ wwrally becan~ dw. 2. To p+y dl and ~irgular tM t~xes. ~ssesuncnts, Iwies, liabilities, obliyuions ~nd ~ncvmbancss of every n+turt and kind now on i~id dtscribed prope~ty, a that INfNNN may b~ impos~d, wffNed, placed, levied, or ass~ssed thereon, a that heresfta may b~ tev'~ed a~uessed upa~ this Mw~p- ye, a tF~e indsbtednsa ~ecvred hereby, each and ~vsry, when dw ~nd pay+bl~, accordinp to law, befa~ tF~ey become delinqvent, ~nd befa~ ~~y intern~ attachts or arry pen+lty is incurred; AND IN30fAR AS A~ THEREOf IS OF RKORO THE SAME SMAII dE PROMPTLY SATISFIED AND ~ISCHARGED Of RKORO ANO THE ORIGINAL OFi1C1Al OOCUMENT (SUC AS, FOR INSTANCE, THE TAX RECEIVT OR THE SATISfACT10N PAPER -OFFICIAIIY ENDORSED OR CERTIFIED) SHAII 8E PIACED IN 1HE HANOS Of SAID MORTCsAGEE WITHIN TEN ~AYS NEXT AFiER PAYMENT; and in the event that any tl+ereof is not paid, sat'sfied and dischar9ed satd MORTGAGEE may +t +ny time pay tl+e samt w any pa~t therwi without w~iving or ~ffectiny any op~ion, lien, ~quity or •iqht u~der or by vinue of this mortgaye and the iull amount of exh a~d every such payment ahall be immediately due and paysble •nd thall btar interest ~rom the dare thereof until paid at rare of n]ne per cemum p~r a,+nvm ~nd roye~her w~~h wch f11tNNf iFNII b! secv.ed by rhe I~en of th:s maytsq~. BOUK1~/~ P4CE.~4~O ~ - ~ -c _ =r ~t. _