HomeMy WebLinkAbout0789~ .; t 1816"74
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THIS INDENTURE. Wads the 7th day of ~°!-ugust •- t'. A.D. 19 by - bNween
Kelly Construction Com~,yCa a F1Qrida Car,; ^rat~ on
of St. Lucie Cow+b Florida. hereinafter designated as tM "MORTGAGOR," and FIRST FEDERAL SAVINGS ANO LOAN
ASSOCIATION OF FORT PIERCE, • corporation organised and existing under tM laws of tM United States of Ameria and having its prir-tipal plea of
business M tles Chy of Fort Piss, St. lucM County. Florida, hereinafter designated as tM `MORTGAGEE."
WHEREAS tM MORTGAGOR is justly indebted b the MORTGAGEE in 1Fte sum of ~. 19,100.00 .flood and lawful many of tM United
States advanced by the MORTGAGEE unro the MORTGAGOR, as evideread by • certain promissory non of even date herewith, d which tM fdktwing h
words and figures is a trw copy. fowit: Na_ 15.871
1 19.100.00
Fors p~ F{aWa. A ua us t 7 192
Fa valve received, 1, we a eitl+er of vs, promise ro pay. without defalcation, to tM order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
FART PIERCE at Fort Piero, Fkxida, tM sum of = 19 .100 .00 with interest from date at th. ran of 7 a 7 5x ~ ~~ ~ mor-thy intalE
moon ss follows: = 157.00 on ~ 5th day ~ DeC ember iq 6~_ and a like own on the corresponding day of each month there-
after until the whole be fully paid.
Each installment first shall be appl'~ed in payment of tM interest cad then on the unpaid balance of tM principal sum. If defauh la made in the
payment of soy installment when dw. and such defsuh contimees 30 days, then at the opYan of the holder, and without any other ratite, all tM remaining
instaiknenn shall bs dw and payable at aKe. Privilege b Riven ro prepay this ran in whole a in part at soy Yutw without penahy. Nsither fonbeawna,
nor acceptance by tM holder thereof after any defauh in any paymenn hereon, shall be deemed extension. A late payment charge of 5~~~ shall be
added ro each imtaliment remaining unpaid 7 days after its dw date, and a like sum shaft be added b each such installment remaining) unpaid 7 days after
each wtxesd'mg payment don.
Each maker, suety and endorser hereof, jointly sod severally, waives demand, presentment protest and notice of protest for rtonpeiymant, and further
agrses to any extension of time of payment, either before a after maturity, without notice ro any of us; end ro pay all case of collection. knduding a
reasonable attorney i fee in the event of any defsuh hereunder. and hereby severally waives all benefit of homestead and exemption undo tM constitution
and bws of each State of the United States, as against this obligation or any extension a renewal eo COi'ISTRUC ON COI-fPANY
Witness the hand sod seal of each party.
B Y: (SEAR
S/~Ce 1 H President (SEAU
t3EIW
(SEAU
r 28.65 i Stan Revenw
(stamps cancelled on original note) 19 ,100.00 - ,and the performance of the
NOW. THEREFORE, the MORTGAGOR far tM purpow of secwing paymerd of said awn of S
covenants and graemenn hereinafter sxpressed. and for divers good and valuable tonsiderst~ora, by these presa+ts. does grant, bargain, sell. remiw,
release, convey and confirm unto tM MORTGAGEE, its woassors and sssig^s, aR that certain lot, piece or Para1 of lands situ°n, (yirg' and being in the
county of S t . L zee 1 e -- end Stan of Fkar'da, described as follows:
SEOOND ADDITION
Lot 2, Block 5, ORANGE BI.OS90bt ESTATES,/ as per plat
thereof on file in Plat Book 34, Page 2, of the
Public Records of St. Lucie County, Florida,
W 5 ~-~~~~ of rL~~-:ii~A
~ ~ DOCUMENTApw STAMP TAX
~ vv _
~ U COMPTROLLER _ ~ `
pQ,140138
RECEIVED ~ ~ y-d
DUE ON CLASS 'C INTAIf61BLE E?SLFiA1 P.20PEIIry
PI:lCSi;Affi i0 CH.~PT: R 207?d, A~lS 0~ 1911.
ROGiR POIiRAS, Clerk Cjrcu~t Court
as Agent fol DANIEL N. KNOWLES, JR
St. Lucie County Tax Collector
By
DfpUtY CLERi(
together with sN and singular the tenements, hereditsrnertn and appurtances thereunto belargirg a' in anywise appsrtainkeg therMo, and all rents, levees,
proceeds and profits accruing and to atxrus from said premises, all of whkh an intkrdad in the above and foregoing description and leaberdwn.
TO HAVE AND TO HC-tD the above described and granted premiws unto the Maid MORTGAGEE, Ns steeeessors and assigns forever. Ard flte sMd
MORTGII,GOR for .--1tS - heirs, exeturors, administrators and assign., hereby coverwnts with the said MORTGAGEE. hs aroasson and asNgrts,
that It 15 Dully seized of the said premises to fee simples that the same an free, dear and disdterged from all liens and ertn+rtt•
branas in law a in equity, and that it will and 1 t S heirs shall warrant and defend tM title to Lisa same to the aaW
MORTGAGEE, m wotsasors and assign, forever glint the lawful claims and demerds of all pensorns
PROVIDED, ALWAYS that ff the MORTGAGOR shall pay umo the MORTGAGEE ties pranissarY rwn hereinbefae desaRtad and shall uvly, promptly
and fully perform, d'acltarge, execute, complete, comply with and abide by each and awry tles stipulatioru, greemants, conditions and oownaren of said
promissory rate and of this Mortgage, then this MoAgage and tFee Estate hereby vested shall saw and be rwll and void.
IT IS UNDERSTOOD that tM ward "Mortg+gor' vvleetMr h the sirgular or pheral anywhere in this Matgsge, shall be singular ff one only and
sMll be plural jointly and severally ff mere than one, and that tM word °~heY' a used anywMre in this Mapge shall ba taken ro mean "leN,' "Itsrs,°
a "ib," wherever the context so implies a admits. AFso, that wMrever there is • nferena in the covenaren and agreements herein contained b any of
the parties hereto, the same shall be oontneed a mean as well as the heir, legal repraentetiws, suoosssors and assigns (tither vduretsry by set of the
parties or imalurNary by operation of the law) of the same and tMt the cov«wen herein toMSirted shall bind and tM benefits and advsntagss Mettre
to the respactiw heirs, legal representatives, successors and assrgn of tM parties herero.
And said Morpsgas. for themwhres and thek heir„ legal npresantatiws, suoasaors and auip"s, hereby lointh- and severally covertaref and agree
ro and with the veld MORTGAGEE, its wooeswrs and assign:
I and iteterat and tM various and sundry sums of nwrtey MYa~ by vhtw of veld pranissay note, and thM
1. To pay all and singular tM principa the same severally become dw.
mortgage, each and every, promptly on ~ days rapeuively
2 To pay all and singular the taxes, away , a~~~ and aneur^branoee d wM- "stun and kind now on said desvibd
property, a that Iwreafter met' be irtpwed, a ssaassed thereon, err that Iwreafnr may be Levied a assessed upon t)tM Mortg•
age, a cite itdebtedntess wntred hereby, each and every, when dw and payable, aaading b law, before that' beams delktgtrsrM, and before any YtlereN
attaches a any penalty is incterred; AND INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHALL FlE PROMPriY SATISFIED AND DISCHARGED OF
RECORD AND THE ORICsINILL OFFICIAL pOCW1AEPIT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICLALIY ENDORSED
OR CERTIFIED) SHALL !E PLACED IN THE HANDS OF SAtO MORTGAGEE WITHIN TEN GAYS NEXT AFTER PAYMENT: and in tM event that any thereof M not
paid, satisfied and discharged said MORTGAGEE may at any time pay tM same err any part thereof without waiv&g or affecting any option. lion„ squib a
.fight under a by vFrtw of this mortgage and tlee full amount of oath and every such payment shall be immediately dw seed payable and shall beer irttereat
hen the don thereof until paid at ran of nine per centum per arwwm and tpp~'"~"~"~' inter severed by the lien of this morgtaps.
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