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TN15 INDENTURE, Mad~ IIti~ 1'ith day of `~a~ltlary 7O b~tweee~
~ A.O. 19 _ .
, Kelly Cflnstruction Co~pany, a Florida Corporation
. .
a
~ SL • I.llCl@
of Counry Ffwida, he~einafte~ dctignated as the "MORiGAGOR," and FIRST FEQERAI SAVINGS ANp LOAN
` ASSpC1ATlON Of FORT PIERCE. • caporatan ag~nised and ex~a~ing under th~ laws of the United Statas of Americ~ and hevir?~ ib princip~l plau of
buii~+as in th~ City of Fwt PiKU, St. luc~ County, Florida, i~rieinafte~ deiiynated as the "MORTGAGEE."
WHEREAS th~ MORTGAGOR is jwtly it~debtad to 1hs MORTGAGEE in the sum of ~ Z~~B~•-~ , good and lawful money of the Un~ted
Sratss +dvanced by ths MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promiswry note oS eve~ date he~ewith, of which the followinp in
~ wads ud fiyurts i~ a trw copy, to-wit;
~ = 20,600.00 ~ 16,1a7
P;e?~e, Florida, January 13 1970
r` For value received, 1, ws w either of us, promise to y, without Jefalcation, to the order of FIRST fEDERAI pSAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE af forf Pierca, Florida, the svm oi S 20 ^ w~~h mterest from date at the rate of'"' 25 9~, per annum, in monthly instalb
r»ents u follows: = 178 • a„~ 15th day of _~r l l lq_ 7O snd a like aum on the cwres~wndug day of each month the~e-
after until the whole be fully paid.
• Eath installrtKnt firit sh~ll be applied in payment of Ihe interest and then on the urpa~d balar~ca of the princ~pa! sum. If defsult is made in fhe
a payrnenf of any installment wben due, and such defauh contin~as 30 days, ihen at the option of the hotder, and without any othe~ notice, all the remaini~g
~ ins~allments shall be due and payabk at once. Privilege is given to prepay this nole in whole or in part at any time wi~hout penalty. Neitlx? forebearance,
~ no~ acceptanca by the holder dxreof after any default in any pay~nems hereon, shall be deemed exfension_ A late payment charge of ~ 8•9O , shal) bs
; i added to each installment remaining unpaid 7 days after its due date, and a Ii1.e sum shall be addad to each such installment remai:?ing unpaid 7 days after
each succeeding payment date.
~ E~th maka, wrcty and enduier hertof, {ointly and severally, waives demand, presentmeN protest and notice of proteat 1or rtonpayment, and fv~fhet
agrees to any extensioo oi time of payment, either beiore o? aher maturity, without noKce to any of us; and to pay all costs of collection, includ~ny a
\ reasonabk pttorney'a fee in the event of any default h~reunder, and hereby severaily waives all beneiit of homesteac! and exemptio~ under the tonstitWion
and laws of e~d? State of the U^ited~5tates, as ayainst this obligation w any extension or renewal hereof.
w~~oess the hand a~d us1 of e~ch parry. ' KBLLY CONSTRUGrTION COMPANY
~ Corporate Seal Affixed BY~ ~g/ ~lly~~.~, president
ts~?U
~ t5~?U
31.20 ~
~ S ~ Stste Revemre -
~ NOW, THEREFORE, the MORTGAGOR for the purpose of securing psyment of ssid sum of = '20 ~ 8~ and the performance of ths
coven~nts u~d +greemenn hereinafter expreued, and for divers good and vslwbte con~iderarions, by these prcsenn, does g~snt, barpain, sell, remise,
retease, convey and confirm vMO ths MORiGAGEE, iri iucceuws and auigns, all that certain lot, piece u parcel of land, tituate, lyinp, and beiny in ths
~q~n~y St . j.11C1Q ~ and Stste of Florida, dewibed as follows:
s
Lot 6, Block 2, ORANGB BLASSOM ESTATES - SEOOND ADDITION, as
I
per plat thereof on file in Plat Book 14, page 2, Public
Records of St. Lucie County, Flosida,~
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n~ P~a~~ S~t~:~ ~ ~F r~v~-~s~~
R~ryFp ~ 1~~~ pp~pNAt, Pt~PER1'fr ? z DOCUMENTA~?~~S~~CdP TF.~
1~ ~T-
p~t1RS'~WNT
7~0 C~~R 2A724. ~'15 4F 1' o _ J~M1s'~o ~~;~,;.,"a
ROG~R P01TRI1S Cletlt qrcuit Goutt ~ ~ _ ' 3 t .
' ~~p!PTROLl~R ~ O~
as Ager.t fot DANIEL N. KNUMVt~S~ 1R• ~ P.B. t90138 ~':-o~=-,-.-`
St Lucie Go ~1Y
Ta~
BY ~ p~p~J~1( (~+fRK
together with sll and singulsr tF~e tenements, hereditamMts and appurtances thrreunto belonging a in anywise appertainirg thereto, and sll renb, issws,
Proceeds and profin uvu'~r~g and to accrve from said premises, all of which sre included in the above and foregoirg description ~nd habendum.
TO HAVE AND TO HOLD the above dewibed a~d granted premises unto the said MORTGAGEE, its suttesson and suiyns fw~vK. Md tlr s~id
, MORTGAGOR fa lts heirs, executws, administra~ors and augns, F?ereby tovenanb with the said MORTGAGEE, it~ uxcessors and ~sti~rr,
lt 15 ~~~~y x~Z~ of the said premises in fee simple; that the same are free, ckar and discharged fran al) Ikro and sncum~
brances in law or in equity, and that 1L will and 1tS heirs shsil warrant and def~nd tha titk to fhs aame fo tM said
MORTGACsEE, its wccesson ard assigns, fwever agairat the lawful claims and demards of ~II persww;
PROVIDED, ALWAYS that if the MORTGAGOR shall pay u~to the MORTGACaEE the promiuwy note hereinbefwe described snd shall trufy, promptiy
and fully perform, distharge, exetute, compkte, comply with and abide by each and every the stiputatio~s, ayreemcnh, conditiw~s and oovsnanis, of said
promitsory note and of this Mwtgaye, then this Matgage and the Es/ste hereby ueated shall teass and be null ud void.
IT !S UNUERSTOOD thst tl~e word "Mortgsgor' whether in the singular a plural ~nywhere in this Matgspe, sMll be sirgvlu if ons only ud
shall be plw~l jointly ~nd ~everally if more than o~e. ~nd thst the word "their" ss used anywhere in this Mortgsge st+atl be taken to me~n "his,•• •'hets••
w"its:' whe?ever the contezt w implies o? admirs. Also, that wherever theie is s ref~rence in the covena~ts and ~greemenb herein cont~ined to ~ny of
the p~rties hereto, tM ame shall be coeutrued to mesn as well as tF?e heir~, kgal nptesenutives, s~cceuwi snd suiyrn (either volunury by ac1 of tht
parties or involuntuy by oper~tan of the law) of the ssme and that the covenants herein contained shaN bind and tlie benefits ~nd adv~ntay*s inun
ro the retpective Mein, leysl representatives, svtceuors and su~gns of the psnies hereto.
' Md said Mortyapors, fw themseives a~d their hein, legal representativa, wccessors a~d auiyns, hereby jointly and severally cove~snt ~nd ayr~e
to ~l,~d.wi~h ti» s~id MORTGAGEE, its succeuoa and ~uigru: ~
1. To pay all and sirgulsr the princip~l and intaest and the vsrious ~nd wndry sumt of money paYabk by virtue of said prom;~ory not~, and tF~k
mortpaya, ead~ and svery, promptly on tFK days respectively tM ssme sever~lty beca-~x dw.
2. To pay ~!1 aod sin~ulu the tsxe~, sssessmenb, levics. liabilities, obligstiora and encumbrantes of every n~t~xe +nd kind raw o~ s~id d~w~d
property, w tMt hereahar may be imposad, wffered, p~aced, kvied. a assessed tf+ereon, ar tMt here~fter may be Iwied or ~ssased ery>on ttds Ma1p~ i
aye, w tht tnd~btedness sccw+d her~by, txfi and every, when due and payabk, actordirp to faw, before they becomt delinquent, ~nd btfote arry intK~st
anaches or ~ny penahy is incvrred; AND INSOFAR AS ANY THEREOF IS OF RKORD TME SAME SHAtI BE PRONIPTLY SATISfIED AND DISCHARGEO Of
RE~ORD AN~ THE ORIGINAL OfflCtAt OOCUIYtENT (StKH AS, FOR INSTANCf. iHE TAX RFCElVT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED
OR CERTIFIED) SHAtL dE PtACED IN THE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the event tF?~t any ther~of is no1
paid, sar:sfied +od discha~~ed said MORTGAGEE may at any time pay the same w any part tFxreof without wsiving or ~ffectinQ arty option, lien, equity a
•;qht ~nder or by virtve of thi~ mortgape and the full smovnt of each and everyr tuch paymcnt shsll be immediately dve and payable ~nd shall bear inta~st
~•om the date thereof votil paid ~t rate of nine per tentum per annum and together w~th iuch interett sha~~ be secured by the lien of th:s morytape.
goax 182 ~~~~E 802
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