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HomeMy WebLinkAbout0361 i ~ss~2o THIS INOI-NTURE, Msds 11+~ 3~~ da o~ ~ace~ber A.D. 19 69ti between ~ Harris Construct~on Corporation, a Florida corporation ~ i ~ of - St. j.t1C~@ , County Florida, here~nafte? des~gnared as th~ "MORiGAGOR;' and flRSi FEDERAL SAVINGS AND IOAN ASSOClATION OF FORi VIERCE, a to~poration organiied and ex~sr;ng undrr ~he laws of the Un~red Siat4s of America and having its principal place of busioess in tM Ciy of Fwt Pierce, St, Lucie County, Florida, hereinaitn~ des~g~~.ved as tne "MORlGAGEE." WHEREAS the MORTGACaOR is j~stly indebted lo Ihe MORTGAGEE in the s~m of S-~is~~-~---. good arrd lawfuf money of the Un:ted S~ates advanced by the MORTGAGEE unro the MORTGAGOR, as ev~d~•nced by a cena:n promiuory nota of even d~te herew:th, of v.hich the following in - v.o~ds and figures is a true topy, lo~wit: s 13,500.00 16,126 Oecmaber 30 69 ~ fort Pie~ce, florida, ~ 19 For value received, I, we or eit6er of us, prom~se to pay, vcirhour defa!carion, to ~he o,rler of FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF ~ FORT PIERCE at fort Pierce, florida, the sum of 13~S~s0~ w;rh ;n!er~st fro~n dete at ~he rate of 8~25o pr~ annu,~, in monthly install• ~ ments as fo!lows: S 116~~ ,n~ _15th d~Y of _-~il 19_ 70 _ and a I~ke sum o~ the cor~espo~d~ng day of eath month ther~- , after until the whole be fully paid. ~ Each installment first shall be applied in payment of !he in!errsr and ~i~en cn rhe un~~a d ba(ance of ri~e pr~n: pal sum. tf default is made in the paymeN ot any insfallme~t whe~ due, and such default conl;n~cs 30 d3ys, tn~•n at thr op'~on of th~ ho:der, and wrthout any other notice, all the remainhig inslallments shall 6e due and a abte at once.. Privile e is ivan to re a this oote in whole or in art at an t:~ne w~thout p Y 9 g p p y p y penalty. Neither forebearance, ' nor acceptance by the holder thereof afte~ any defauit in any pay~nenis hereon, shaN be deemed e~tension. A late payment cha~ge of S-S~ BO , shall be added to each installmenf remaining unpa~d 7 days after its due date, and a 1,~e sum sha!I be :3ddad to each such ins~ailment rema~ning unpaid 7 days after each succeeding payment date. Eath maker, surety and endarser hereof, jo+ntly and sev~rally, wa~ves d~•nand, pres_n!~~~em prot~st and noT~ce of protest for nonpayment, and iurther s agrees fo any exteesion of t~me of payment, either bafore or afrrr rnatunty,.ya~rho~t nafce to an~ o( us; and to pa~r all ccsts of co!Iecrion, includ~ng a ~ reasonable attorney's fee in the evrnt of any defautr hereundrr, and heroby srv~~•~~ly .va~ves all bene'ie of ho~~us!; ad and exemption under the constitution ~ and laws of each State of the Un~fed States, as aga~nst this obGgaNon or any extens~on or r~nev~al hereof. ' Witness the hand and sea~ of ea~h pa«Y_ HARRIS CONSTRUCTION CORPORATION By ~S/ Williaa~ W. Hazriss Preside~~EAi~ ~ Corpozate Seal Affixed Attest S/ Franklin A. Harris, Secreta~u r ~~~0.25 ~ Srare Revenue (Sramps cancelled on origina! note) _ NOW, THEREFORE, the MORTGAGOR fw the purpose of sec~~ing payment of sa~d sum at s 13~500~~ , and the performance of the ` covenants and agreements hereina(ter eapressed, and for divers good and vs~uable considerations, by these presents, dces grant, bargain, se!t, remise, ~ release, convey and confirm unto the MOR~GAGEE, ifs succesw~s and ass~gns, alf that certain lat, piece or pa:cel of land, situate, lying, and being the ~ County of SL ~ j„1L~B , and State of Fbrida, described as fo!lows: ~ The South 40 feet of Lot 20 and the North 40 feet of Lot 21, Block 4, SILVBR LAKB PARK SUBDIVISION, as per plat thereof on file i.n Plat Book 10, page 4, Public ~ RQCOrds of St. Lucie County, Florida ~ ~ ' - ~ ` ~ _ ~ it~ ,..~r:; TaYES ~ f~ , ,c~ I, . ry,; s?i . ??~PERiY. i :11 i•) ; • ~ C~ ~ ~ i1 ; ` ~ ~ p~ E, ~ :0 ~ . , p , o . c . : l:: ~ l:r.l. U ~ ~~~.~1~~ir~iT%,,~ ~ ('_.~-•{7 ~ • ~ _ ~ Z - . : ~.:Ci.:~ ~i~{ ~:1,~i~ CiE~k CiRCI:.t C.:JSt ~ _ „~t1-8'7~ _ ~ as k~~:~t tot C;:i~!~L N. KIiGWIFS 1R ° - ":-~~2~25~ v~i CG4A7RC! LEA~ ' - St Lucie Ccu~ ) Tax Collector P.B.»~~sa `t - i~ By ~ pEpUiY CLERK ~ . ~ 1 togetF+er witl? all and si~gular the tenements, hereditaments u+d appvrlances thereunto belongirg a in anywise appertaining tF~ereto, end all rents, isweb proceeds and prof;ts xcruing and to accrue from said premises, all of which are included in the above and foregoing description and habendvm. TO HAVE AND TO HOID the ~bove described and granted premixs unto fhe said M02TGAGEE, its successors and assigns foreve~. And the s~id MORTGAGOR tor heirs, executors, administrators and assigns, hcreby covenanri with the ssid MORTGAGEE, its successors and ~ssgm, that - i~~--- lawfully sei:ed of the said {xem~xs i~ fee slmpie; that the same are free, <lear a~d dixharged from all liens aod tncvrrr brarsces in law or in equity, and thst it w~ll and _ iL3 heirs shall warrani and defend the tirle to the same to the said MORTGAGEE, its tuccessus and assi9rt• iorever aqa;nst fhe lawful daims and demands of all persons; PROVl~ED, AIWAYS lhat if MORTGAGOR shall pay unto the MORTGAGEE the promisswy note hereinbetae described and shall truly, promptly and futly perfwm, dixhsrge, exe~ ee, complete, compty with and abide by each and every the stipulations, agreements, conditions and covenants of ssid i promissory note snd of this Mwt qe, then this Mortgage and tlie Esrare hereby created sball cease and be null and vo~d. ' IT IS UNDFRSTOOD that the word "N4ongagor" whether in the a~ngular or plural anywhe?e in this Mortgage, shall be singular if one only ard shall 6e plur~l jointly and severalty if more th~n one, and that the word "the~r" as uxd anywhere en this Mortgage shall be taken to mean "hi~;"'hen;' w"its;' wherever tF~e co~teat w implies w admits. Also, tha~ wherever there is a referente in 1Fx covenants snd sgreements l~erein coMaintd to any of the putiei hereto, the same thall be construed to mcan as well as the heirs, legal repres~ntative~, successors and assigns (eithe? voluntery by act of iht parties or involuntsry by operation of the Iaw) of the same and that the covenants herein contained shalt bind ~nd fhe benefits and advantagq inwe :o fhe respective hein, kga! reprexnfatives, sutcessors and ~ss'gns of the parties hereto. And ssk! N~wtgsgors, fw themselves and their heirs, legal representatives, successors a~d assigns, hereby jointly and severally covenant ~nd agree ~o and with the ssid MORTGAGEE, its successas and sssigns: 1. To p+y all and siryular the prirxipal and interest and the various and sundry sums o~ money payable by virtue of wid promiuory nofe, and th'a mortyaye, tach and every, p?amptly on the days rapectively the same uverally become due. 2. To psy ~II and singular the taxes, auessments, levies, liabilities, oblgations a~d encumb~ances of every nature and kind now on said described property, ot that hereafter msy be imposed, wffereA, plxed, leried, or asse:sed thereon, or that hereafter msy be lev~ed or assessed vpp~ fhis µprfQ. age, a tM Indebttdness secured hereby, each and every, when due and payable, according to law, befwe they become delinquent, and befwe any interesf , attaches w any penalty h incurred; AND INSOfAR AS ANY THEREVF IS OF RKORD THE SAME SHAII BE PROMPTIY SAiISFIED AND DISCHARGED OF RECORD AND THE ORIGIfJAI OFFICIAL DOCUMENT (SUCN /lS, FOR iNSTANCE, THE TAX AECEIPT OR.THE SA7JSFACTlON PAPER OFFIC1AllY fNDORSE~ OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NcXT AFTER PAYMENT; and in the event thaf ~ny thereof is not paid, wtsfied snd discharged sa:d MORTGAGEE may at any t~me pay the ssme or any part tFxreof without waiving or affectitg any option, lien, eqt~ify Or •~qht under w by virfue of this mortgaqe and the full smouM o! each ~nd every such payment shall be immediately due and payable •nd shsll bea~ intNH1 irom the date thertof until paid at rate of nine per centum per annum and together w~th such interest shall setured b/ t f th's mor9fa9e. 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