HomeMy WebLinkAbout2682~ - ~ . r , i ; . ~; ~ 183054
THIS INDENTURE, Made the 1Stb ~ d 6siptst~b~r A.D. 19 69 _ betw«n
Kelly Construction Catapany, a 1-lorida corporation,
of $te LtlCi! ,County Florida, haraiaf»- desipnNad a tM "MORTGAGOR," and FIRST FEDERAL SAVINGS AND LOAN
ASSOCIATION Of FORT PIERCE, • corporation organkad and existing under tM laws d the United States d America and Mving hs principal place d
busiaes M the Chy d Fort Pura. St. Ludo County, Florida, heraiaflM desigM»d « Ella "MORTGAGEE." .
WtRiREAS 1M MORTGAGOR k justly indebted to the MORTGAGEE M Zia sum d i.~~s~~~~ .good and lawful moray of tM United
States advanced by tM MORTGAGEE unto the MORTGAGOR. es evidenced by a certain promissory note of even da» herewith, d which tM folbwinp M
words and figures b a tare Dopy. to-vvh:
~~, ls,9aa _
_ ?0.000.00 S~ptsRfbtlr 1S, T9 69
Fort Pieroa, Florida.
For valve reoeiwd, i, wa a either d ub promise b pay. without defaicetion, a lice order d FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE at Fart Piero. Florida, tM sum d =~4.a~•~ with interest from date at ti» ra» d7~~x pes annurr4 in monthly ira1a11-
menn es follows: ~ 16Se00 on ~ Stb ~ d .~ant]arY ~ 19 70 and a Inca wm on the correspordinp day of each month there-
after until tlw whole ba tiny paid.
Each irotalineet first shall be applied in payment d tM interest and then on tM unpaid balance of tl+e principal sum. If default b made in the
payment d any iratalioent when due, snd such defauh continws 30 days. tMn at tM option of the holder. and without any other not'Ke, all the remaining
inatalinMn shall be dw and payable at ono. Privilege b given ro prepay this np».in whole or &t part at any Puna without peealty.Neit~aher~,fo~Rrebsarana,
nor acceptance by the holder thered sfter any defauM in any paymenn hereon, sMll be deemed extension. A lets payment charge d i~ sMll ba
added ro each iratalkrant remairtirg unpaid 7 days after hs dw data, and a like sum shall be added ro esch such installment remainug unpaid 7 Jaya after
each atKaeedig payment doh.
Each maker, suety and endorser lareof, jointly and severally, waives demand, presentment protest and notice of protest fa nonpayment, and further
agrees ro any extension d time of payment, either before or after maturity, without rwtioe ro any of us; and ro pay all corn of collection. including a
reasonabkt attorney i f« in tM event d any defauh lareurder, and hereby severally waives all benefit of homestead and exemption under the coratitution
and laws of each Sta» d the United States, es against this obligation a any extension or renewal hereof.
w~nraaa the hand and seal d aad+ party. KBLLY OONSTR>tX.7ION OOI~PANY
By- s/ (sE~w
s (~Au
Corporate sas-1 aflixsd csFAv
BEAU
Now. THEREFORE, the MORTGAGOR for tM purpose d eaeuring payment d acid sum d >R~rQ.s000.00 ,and the performance of the
cownann and apraemeon Farairaftar expresst+d, and for dhnrs good and vahrable ooraideratiora, by theca praeents, does grant, bargain, sell, remise,
release, centaY and'tonfirm unto the MORTGAGEE, its waessors and assigns, all that certain lot. plea or penal d land, shua», IYi^D. and beieg M tM
County d Ste Loci! and Stm d fi«rda, desar~ad es fdktws:
Lot 8, Block 4, ORANGE BLAS90N BStATBS, S®OOND ADiDITmN, ss per plat tbtrsof on
lilo in Plat Book 14, pagt 2, Public Records of St. Lucie County, Floridan
RECENED IN PAT11117fT OF TAXES
D'SE Gil CL.1SS •C IHTAiiS:6lE PEI:SCNAL PIIOPERTT,
P~.°S: a..i :0 CtiAP1_R 2724, ACTS OF 1941.
f.~G-^ PCI::'i+S, Clerk Circuit Court
as Agent for C-~tilcl. N. KNOWLES, JR
St Lucie Coui.t~ Tax Collector
Ell CLERK -
togettar with aN and sipular the »nenann. heredtamenfs and appurtanas tMrwnw bdaging or in arrywbe appertainig thereto, and all rants„ k;swa.
proceeds and profits sowing and ro aacrw from said prerr-ises, all d which an included in tM above and foragoirp description and labendr-m.
TO NAVE AND TO HOLD tM above dewibad and yrantad premises unro the said MORTGAGEE, its woassors and assigns forever. And the said
iti:
MORTGAGOR for heir, axacuton, administrators and assigra, hereby ooverartls w{th the saW MORTGAGEE, in scrocesson and assipra,
that it is - Lawfully seized d the veld premises to f« singlet that the wee .n h«, dear and dbdarg.d from dl liens and arrwn-
brancas in law o. in equity, and th~* it wrU and its heirs shall warrant and defend rIa title to tM wee ro the said
MORTGAGEE, its woceeaora and essigra, f«aver agaiat tM lawful china and demands d ail persona;
PROVIDE, ALWAYS that ff the MORTGAGOR ahaU pay unto the MORTGAGEE the pranasay rwte tarainbafon desvibed snd shall truly, promptly
and fully perforny dadarge, axear», complete, ewPlY with and abide by eadr and awry the stipulatiora, agreements„ carditions and eovarwrn d said
promissory ra» and d this Mortgage, then this Morgage and the Eatm hereby aaated shall ease and be null and void.
R IS UNDERSTOOD that the word "Mortpsgor° vrheMar b the singular or plural anywtan to this Morgage, shall be sirgula- ff one only and
shall be piuni joirty and severally ff more than one, and that the ward "their" es used anywlan b this Mortgage stall be taken ro mean "hie," 'tars,"
a "its," wheravw the corNext ao implies a admits. Abe, that wtaraver thane b a wferena in the' oovanann and agreenants herein ooMairad ro any d
tie parties hereto, tla sane shall ba ooratrued to mean d well as the Mira, legal rapraemathnts, wocassors and assigns (either voluntary by act d the
parties or tnvokmtary by operation d file law) d tla same and lief the covenants hsrain coMaiad shall bid and tta bargfn and advantage inure
to the respediw heia, (pal rapreuntatiwa, seceessors and asstgra d the parties hereto
And said Mortgagors, fa ttanaahres and their hefra, opal reprawMath+aa, woassors and aaigna, hereby jointly and severally covenant and agree
ro and with the acid MORTGAGEE, hs srrocessors and assigner
1. To pay all and sitgular the principal and irNarast and tM various and sundry wms d money payable by virtue d veld promissory rota, and this
morgapa, each and every, promptly on tie days respectively tM same severally beoona due.
2. To pay aR and angular tt+a taxes, assawrrarta. levity. liabilities, obligations and encunrbrarroes d awry nature and kid now on said desaibad
property, ar thM herwher nay be knpoae4, euHerad, plaa~' ~~ or esseseed thareoq, or the laraaftar may be levied a assessed upon ttris Mortg-
age, ar ttte Ndabtadrtess aetvred hereby, eadt and ovary, wMn dw and payable, aooordirtg to burr, bafare they bears deGrpcrertf, and before any keenest
attaches ar any p.rahy b inwrred; AND INSOFAR AS ANY THEREOF M OF RECORD TI# SAME SHALL 6E PROMPTLY SATISFIED AND DISCHARGED OF
RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, TitE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED
OR CERTIFIED) SHALL t1E PLACED IN TFIE tfAN06 OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfiER PAYMENT; and in the event that any thereof b not
pad, aat:sfiad and discharged said MORTGAGEE mey at any time pay tie same or any part flareof without waiving or affecting any option. lien, equity a
r,Aarr, tM da» cloned until p d~agt ~ nice per~aen par anrwrn amend ~~'~''~wi ~ im~irest shal~lese~arad by tM Ihn~ t~ maghge- ~es~
d00K 1 I' ~ PACE ~6~