HomeMy WebLinkAbout0781 13~}~0~ ~ '
THIS INDENTURE. AA~d~ t~ 23rd day of February ' , A.D. 19~Q„ beMraee?
Hale Constzuctiori Corp ~ a Rlnrids C~rnornti~n
, of St .~C1@ Cpynty florid~. M?~i~whN dtsipruttd q tM "N10RTGAGOR," and FIRST FEDFRAI SAVlNGS AND IOAN t
ASSOCI/?T~! OF FORT PIFRCE, a co.por~~;on orQanised ~nd ~xisfiny w+dK tM laws of fM United Sa~~s of Am~ric~ ~nd havinp in principal plu~ of ?
busiMCS in th~ City of Fwt PiKa, St. l~ci~ County, Fbrids, FwrNn+ftt~ d~sipna~ed a tM "MORTGAGEE."
~ WHEREAS tM 1MORTGAGOR is 'vst indebt~d ro tl+~ MORTGAGEE in fM wm of = 18 ~ 600.00
t (y . pood ar+d (awful mainay of ihe United :
' S~ates ~dvanced by tM MORiGAGEE unto tM MORTGAGOR, as ~vidanced by s certai~ promiuory not~ of eve~ date herewith, of wh;ch 1M toilowinp in ~
words and fi~ur~s is a trw copy, to-wit;
_ z18,600.00 ~ 16~211 ;
~n P~.. F~.;d,. February 23 19 90
:
_ Fw wlus received, 1, we o~ ~ither of us, prom;se to psy, without d~f~iution, to ~he w+le: of FlRST FEDERAI SAVINGS AND IOAN ASSOCIATION Of
~ORT PIERCE al Fon Pie~ce, Fbrida, the sum of ~ l~ • 6~ with interest fran dats a1 ths nt~ of 8_~.96 per an~um, in monthiy imtall~ s
~ 162 00 15th June ~
~ ~enn as foltows: _ • on the day of , 19-ZQ_ aod a lik~ swn on the cwrespondinp day of each mo~th therr
r after u~til the whole bs iully paid. ~
` Each installmeM fint shali be applied in payment of tFa inte?est u+d ~hcn w~ ths unpaid balance of the principal sum. if defautt i~ made in tM
~ paymeM of any insrallment when dw. and wch defavit tontinues 3Q daya, fhen af ths opfion of the hokkr, snd without any other notice, all the remaini~g
, installm~nq ~MII be due snd payabk at o~ce. Privile~ b yiven to prepay this noro in whol~ or i~ psrt at any time wittw~i pen~lty. Neithe~ fonbearante,
~ nor acceptance by the holcler theroof aher any da}auit in ~ny payments hereon, shall b~ dtemed eztension. A late p~yment thar~ of ~ 8• 1O ,~11 b~
added to eath irotallment remaininy unpaid 7 days sfter ib dw date, ~nd a like :um shall be added to each suth installment remainirg w~paid 7 daya ~ft~r
aach suctetd"up payment dste. ~
~ Each maker. surety and endoner Mreof, jointly and savenlly, wsives demand, presentment protest and no~ice of protest fw no~psyment, ~nd furlhe~ ~
~ agraes to ~ny extension of tunf of payment, sither befors or sher maturity, without not~ce to any of us; a~d to pay ~11 cosh of collection, includtrg a
\ reasonable aftorney i fee in the svent of any def~ult hereundsr, and hareby wverally waives all benefit of homestead and exemption undet the constitufion ;
and laws of each Sute of the United States, u agaioat ~his obligatan or any extension or rer~yn~l ~grs~f NSlRUC.~TION G'ORP. ~
Witness the hand and ieal of e+ch pany. t1ALc
B~ll: /s/ Benjamin H. Weitzman, Preside~q
Corporate Seal Affixed . ~ ~
~ _ ATTEST:. ,ls/Chasles R. P. Brown~ _ ~
2~~9~ ' Assistant~ Secretarv ~ ~
~ t ~ St~t~ R~v~nw
~
~ ~ . .
NQW, THERfFORF, the MORTGAGOR for ths ^D WYm~nt of uid swn of i 18 s 6~ ~ ~
P~~P~ of secori • ud !he pe~fo?manc~ of tM
coven~nn and ~preements herein~R~r expresied. and for divsn pood Md valwbl~ ca?sid~?aYae?s, by 1Mtt pr~ntt„ do~s qrant, bsrqain, ~II, hmiie,
releas~. oonwy and confirm unto the NiORTGAGfE, in ~uaeuon ~nd auiqns, ~!1 th~t ce+f+in bL piea w parpl of land, sMuat~, hin~, and b~inp in th~
~a,,,~y ~ St . LuCie , ar~d Stst~ of Florida, dewib~d a folbws:
. ~
Lot -4 ~,$5S !~e- West- 86„06' feets all of Lot 5 and the W~est ~
23.18 feet of I.ot 6, Block 14, MARAVILLA TERRACE
r
SUBDIVISION, as per plat thereof on file in PZat Book 5~
page 50, Public Records of St. Lucie County, Florida,~ '
r,
,
~ 7, ` y ~ ~~.n~F•T CiF~ ~l~ *
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w ~ ~j ? E~: ! t' i ~ . . C:L ; u... . . J~' I:~l. ~
c~ ~ oUCU~:iCP~TN~'-'-~.SiF~r":~ , ' . ; ~ '
~ = '37O .4 f ` r "1 a..~.f. N:LU.t iR.:.t
~ ~y~~~_' . : ~~.:{Ill.
~ ~ _ k~~~ 2 7 9 0: c~. h~~cv~:~s, ~R
sn c`cr~rac~tEa _ a: ,{;a^; ,~t
` Tax Co
P.B.~'=~~aa °~LO' S~. Laci~ Cou.-.ty 1lectot
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c a-~- ;
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rogetMr with ~II ~nd sinp~lar ths tenements, Mr~ditam~nb and appurtsnces tlwwnto Mtonpinp or in anywi~ ~ppvhinirg t1~NO, and dl r~ms, isrv~s,
proceeds ~nd profits acuvirg aod to acvw faan ssid pemises, sll of whid~ u+ wrclv~kd in tht sbove and fonyoinp dewiption ~nd h~b~rdwn.
70 HAVF /1ND TO HOtD the ~bow describ~d and pnnted premia~s unto the s~id MORTGAGEE, its wousaon and assipen fweva. Md tiN sdd y
:
MORTGACaOR fw itS hein, executon. ~dmi~isuaton ~nd assgm. FK?tby aown~nri with ifw taid MORTGAGEE, ib waessors and assipna, #
that 1L 15 ~ ~
h pramis~s in f~ sirnpls: tl+at tM wne an frN, d~a~ ud d'nd»ry~d from all li~+u snd tncwr~ ;
branus in law or L+ ~quity, and th~t i t will and i t S h~in shall wa?rant and d~f~nd tlw titft to tM saem W th~ s~Id t
MORTGAGEE, its wccessw~ ~nd assipns. forwtr spsimt tls~ lawful cliims and de~ of aQ persora~
PROVIOED. ALWAYS that if ttn MORiGAGOR shall pay unto tM MORTGJIGEE ti~e promissory eote haninbefore describ~d a~d shall trvh, promptly ;
snd futy perform, d'acirrye, eaecute, sompl~t~, comply with ind ~bid~ by ~ach snd wery the stipubtaro, spre~rtienq, conditiom a~d ~b of ad ~
~ ~
IT IS UN~ERSTOOp thaf tM word "Mwtyapor' whtther en tl~e iirqvix a plur~l anywlw~ In tfils Mottys~e. ~hsll bt sinpular N on~ only u~d =
ahall be plur~l 'pintly and swerally H mw~ th~n on~, and tls~t tM word "thtir" a wad anywh~n in th;s IlAortpap~ ahall b~ tak~n to me~n "his," •'hHS••
or "its;' wharever tFK cont~xt w implies or admin. Abo, tf?~t wfwrever there k a r•faerK. in tM coven.nn .nd aQr.emena h~r~in oomain.d a.ny of~ -
rhe puries hereto th~ s~n» shall b~ wnstrued to mean ~s well a th~ Min. Ipal reprhentatir~s, woo~uon and assipro (eithK volum~ry by ~d of th~
panies w involuntary by op~ration oi th~ law) of tM sarrw u+d that ths covenann hu~io cont~in~d sh~il b:nd and tM ben~fib and ~dvamp~s inun
to the r~spective Mirs. Ip~l npresentatives, wocessors ~nd au~Qm of tht parti~s haNa
Md wid Morppas, fa tF~em~~lws and their Mks, kQal r~pre~ent~tiws, succ~swn ~nd as~ipro, her~by joimly and wvuslly covan~nt and ~prK
to ~nd with tFr~ ~aid MORTGAGEE, irs successo?s and assipns:
1. To psy all u~d sirgubr tM pruicipal u~d tnterest u~d the varaw ~nd swdry sums of mon~y p~Yab1~ by virtv~ of uid promisswy noN. ~nd this
n+ore9.p., sach .nd way, p.«nptN on rhs d.ys .efp.eriwly rF~. ,.m. ,.v.n~ly b~com. d~w.
2 To p~y d) and ~inpvlar th~ tax~s, assa~mertts, lwfh„ IisWlitia, obliy~tions ~nd enaimbranc~a d wery natw~ and kind now oe s~id daaib~d '
D~~b, or that her~aha may be irnpos~d, suffaed, p~aad. Mvi~d, a ~aesNd tMr~on, or that hn~~fta may M Iwiwd or aawssed upon Mds Maq~ ~
sy~, or tM fnd~btsdrKSS sewr~ f+er~bY, escA and ~wry, wMn dw ~rd p~y~bl~. ~aco?dinp ro law, b~fan tiwy b~cor+w delh~qwm, u~d b~Fo~~ ~ny hrNnst ~
•ttaclxs w ~ny penalty is incwred; AND INSOFAR AS ANY TNEREOF IS OF RKORD 7HE SAME SFIAII 8E PROMPTLY SATISFIED AND DISCHAAGED OF i
RECORD AND THE ORIGINAI OFfIC1At DOCUMEPfT (SIJCH AS, FOR INSiANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFFICIAttY fN00RSf~ j
OR CERTIFIE~) SHALL 8f P1ACE0 !N 1HE HANDS Oi SAIp MORTGAGEE WIiHIN TEN DAYS NEXT AFiER PAYMENT; ~r+d in tta ~veM that My tFwtpf i~ rwl ~
paid, iat'sfi~d ~nd dischar~d sa;d MORTGAGEE rmy at ~~y tim~ pay tM i+me o~ any parf iMr~of withow w~ivieg w ~ffectirq ~~y option, lie~, pvity p f
•roht vnde~ or by virtw of thi: mort9s~e ar.d th~ fvli ~mo~nt ol each ~nd ~very wch payment ~hall b~ i?nmediatsly dw u~d pay+bk ~nd shall b~ar int~rat
kom the dete thereof until paid at ~ate of n~ne pe~ centvm pe~ annum and ropetMr with wch ir(~e~st t~ secured b~,~tn of th:s mor~taye. ~
BQOK ~e~ P~CE
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