The URL can be used to link to this page

Home My WebLink About1050\ ~ ~ 1818'3 THIS INDENTURE. Made the. 14th ~y ~ ! ' ' ~ A11911 ft ~ A.D. 19 6_ 9 .between Kelly Construction (,bnpany. a Rlozida corporation of St • Lucid County Florida. Mreinafter dsignated s tM "MORTGAGOR," and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION Of FORT PIERCE, a aorpaation aryanised and existirp under tM bvw of tM United States of America and toying its prindpa) place of businea in tM Chy of fort Pierce, St. Lucie County. fbrida, hereinafter designated u tM " 0 T~0 ~ WHEREAS tM MORTGAGOR is juety indebted to tM MORTGAGEE in tM sum of >r e • ,good and lawful money of tM United States advanced by tM MORTGAGEE unto tM MORTGAGOR, as evidenced by a certain promiaory note of even date Mrewith, of whid+ tM following in ` wo< 20 000 00 a t~ `~Y~ 1O1Nir ~ 15 ~ 884 Fort Pierce, Florida, August 14 19 Fa value received, 1, vw a either of vs, promise b P+Y. without defalcation, to tM order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort Pierce Fbrida, fhe wm of S 20 a ~~ • ~ with inter°~t from date at tM rate of7.75 % per annum, in monthly intall- ments sfollows: =165' b0 on ~ Sth day of D@Ce>ib@! 19 ~ " and a lib sum on tM corresponding day of each month tMrr ~' after until tM whole be fully paid. ')v Each itutalknent first sMll be applied in payment of tM interest and then on !M unpaid balance of tM principal wm. If defauh b made in 1M payment of any installment when dw, and such defauh cOntirwes 30 days, then at tM option of tM holder, and without any other notice, all tM re+naining T- irutalimenn shall be due and payable at ornoe. Privilege is given to prepay this rate in whole or in part at any time without penalty. Neither forebearartce, ~- nor acceptance by tM holder tMnof efts. any defauh in any payments Mrson, sMll be deemed exemmion. A late payment dtarge of S 8 • ZS .atoll be added to each installment remaining unpaid 7 days after its due date, and a lib wm shall be added to esch such installment remaining unl»id 7 days after each succeeding payment date. ~.•~ Each nnaker, surety and endorser hereof, jointly end severally, waives demand, presentment protest end notice of protest for nonpayment, and further agrees to any extenion of time of payment, either before or after matwity, without notice to any of us; and to pay all costs of oollnMion, including a ~ reasonable attorney i fee in tM event of any default hereunder, end hereby severally waives all benefit of homestead and exemption under tM oonihWion r and laws of each State of tM United States, as against this obligation or any extension nx renewal Mraof. '.~ witness tM hand and seal of n+ach 1»rty iBLLY WNSTRtICTION OOMPANY /s/ BY: Kelly Hallam President READ Corporate Seal Affixed c~AU (SEAu IsEAU r 38s~00 )State Ravenw (Sesmps ranplled on aiginal note) 20 000 00 NOW, THEREFORE. tM MORTGAGOR for tM purpose of securing payment of said wm of = ~ • .and tM performu+ce of tM gcovenants and agreements hereG+after expressed, and for divers good and vah-able conideratioru, by these presents, does grsnL bargain, sell, remise, release, convey and confirm unto tM MORTGAGEE, its wassors end assigns, dl that certain lot, piece a parcel of land, sitwte, lying, and being in the County ~ St. Lucie ,and Stab of Fkxida, deenribed a follows: Lot l~ Block 5e ORANGE BIASSOM ESTATBS - SBCOND ADDITION, as per plat thereof on file.in Plat Book 14, page 2~ Public Records of St. Lucie County, Flozida,~~ v ~ OCUt~iEiVTb~ ~STAt ~P T};:; D Z ~ U _ l `ZrL: ~~ ___~ - j: h CO#>PTROLI.ER P.9.t~.~i3a ~~= RET:En~p O(lE OM ~ ANT ~ 1~ pl~:'MEE11-T OF !G,'iSI;ANT TO l LE PERSO T~ ~~R Po~ ~PiFR ?0724, ACTS ~ 1941~~' ~, Cterk Circuit Court ~ fgenC for pq~JtEf p; ~ lucre ~~ C6ltectb~sr IR ~s n~(i)ir ~ c~c togetMr with all end singular tM tenements, MredRaments and apptxtances thereunto belonging or in anywise appertaining tMnb, and ail rents, issue, proceeds end profits acvuirg and to stew from said premises, all of which aro ind+ded in tM show and foregoing dasaiption and Itabertdurn+. TO HAVE TO HOID tM show desrxibsd and grsnted premises unto tM said MORTGAGEE, its woceesars and aesign forever. And tIN saW MORTGJIGQR f is Mira, executor, administrators and at~sigro, Mreby oownaMS with tM said MORTGAGEE, hs suoaewrs end aaigrn. rhat ~t Iawfuiy seized of tM said premiss in fee simptet that tM same en free, clear and d'iscfrsrged fran all lien and encum• bronoes in Isw or M equity, and tM+ it will and its Mira sMll warrant and defend the title b tM same to tM ald MORTGAGEE, its woossors and assigns, forever against tM lawful dairrte and derrtards of all person; PROVIDED, ALWAYS that ff tM MORTGAGOR sMll pay unto tM MORTGAGEE tM promissory note Mreinbefore described and shell truly, promptly and fully perform, discMrge, exsavte, complete, connply with and abide by each end every tM stipulations, agreements, condition and aovestants of said promissory nob and of this Mortgagt, then this Mortgage and tM Estate hereby ueatad shall Rafe and be null end void. R IS UNDERSTOOD that tM word "Mortgagor" wMtMr in tM singular a phial anywhere in this Mortgage, sMil be singular ff one only end shall be plural jointly and severally ff ntae then one, end tMt tM word »tMir" s used anywMa in this Morpage sMll be taken to mean "his,» "Mrs," a "its," wMreva tM context eo implies or admits. Also, that wMrever there is a rsferana in the covenants end presrnertts Mrein contained b any of tM penis torero, tM came sMll be wntrud to mean s well s tM Min, kgel reprsentathnts, successors and assign (either vdumary by ad of tM pantie a imduMary by operation of tM law) of tM same and that tM covenants Mein nxxttaLwd shall bind end tM benefits and advantage irwre to tM respective Min, legal eepresaMatiws, sntcceseors and assign of tM parties Mreto. And said Mortgagors, for tMnaelws and tMir Mira, legal reprsee++tetivs, s+xassntrs and sssigra, Mreby jointly and severally covenant and agree ro and with tM aid MORTGAGEE, its wooswn and assign: T. to pay ell and singular tM p-int3pal and intense .red tM various and sundry srstn of money parable by vfrtw of aid promissory nos. end the. mortgage, each and every, pranptly on tM days respectively tM same severally become due. 2. To pay atl and singular ilte taxes, ssessnt+ents, Iwis, liabilhie, obligations end encumbanre of every nature and kind raw on aid deaibed property, a tlnsl Mreafter may be imposed suffered, plapd, Ivied, a eseesaad tMreoq, a tMt hereafter may be le!ried or assesed upon thb Mortg- age, a tM indebtednss eenatred Mreby, each and every, wMn dw aid payable. atxording to law, before they become delingwntt, and before any kNereat attacMs a any penahy sa incurred; ANO INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL SE PROMPILY SATISFIED ANO DISCHARGED OF RKORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFfICiAIIY ENDORSED OR CERTIf1ED) SHAH f1E PlACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in tM twnt that any tMreoF H not paid, at:sfied and discharged aFd MORTGAGEE may at any time pay tM same or arty paA tMreof without waiving or affecting any option, !'can, egt+hY a .iqM under or by virtw of thin mortgage and the full amount of each and every sun3t payment shall be immediately due and payable and shall bear Mtterees kom the date thereof until paid at rate of nine per centum per annum and togethe- with such interest eMll be secured by tM lien of this morgtage. Y 6UOK179 FI1~E~U't~