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HomeMy WebLinkAbout0176 ~ 1~22~~~ THIS INpENTURE, /N~d~ t~ ~5th ~y of April ~~p. 19 7O euccaneer Buildin9 Corporatio»~ a~lorrida_corporation ~ o, St. I.uc e ~ ) ~ County flo.id+, M+~in~ft~r d~ign+ted ~s tF+~ "MORTGAGOR;' ~nd FIRST fEDERAI SAVINGS ANO l0 ~ ASSOCIATION OF FORT PIERCE, s oapaation orpaniz~d and exis~irg undK th~ law~ of ~he UniMd S~~t~s of Am~ric~ and havinp in principal pl~q o' ; buainas in th~ City of Fon Pi~rt~, St. lvti~ Counry, Flaid~. IMfliMfiK dtii~Mfld as th~ "MORTGAGEE." } WMEREAS iM MORTGAGOR ts juttly ird~bttd ta the AAORTGAGEE in tht sum of = 12 ~ 3~ ~~1 good and I~wful money of tM Un~ted ; S~ates ~dv~nced by tM MORTGAGEE ~nto th~ MORTGAGOR, ai evidencad by a urtain promissory not~ of evan dat~ herewith, of which tha foilowinp in ( wwdt ~nd fiyures is • trw copy. to-wit: t s 12, 300.00 16, 2~2 ` ~o.e P~.?a. Fi„w,. April 15 i9~.4, for valve reteived, w~ p titMr of us, promiw to pay, without defalc+tion, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE at Forf Pierp, fbrida, t1w wm of t~'2 with intere~t from date +t the ~ate of 8• 5% per annvm, in monthly instal{- menn as iollows: f 107 o~ tFK ~~'c~L d+y of A ual1S t 19~Q aed ~ lilc~ sum on the correspond;rg day of esch moroh ther~- after until the whols 6e fully paid. Esch ins?allment first shail be apptied in payment of ths interest and ~hen o~ ths uopa;d bslance af the princ~pal sum. If defauN is m+de in tl~s payment of any initallment when dve, a~d such defwh conti~~es 30 days, then at the option of the holder, snd witho~t a~y other notice, al! th~ remain~rg ~nstsl4nat?ts shall be due and pay~ble at once. Wivilep~ is pivcn to prep~Y this note in wfaft or in parf st any tims witho~t penalty. Neithei facbea:ante, nor ~aeptance by the hotder thereof after any default in any paymer?b hereo~., shsN bt desmed extension. A late paymeot dwrp~ of ~ 5.35 ahall b~ added ta each ins~allmcM ~emaioirg unpaid 7 days after ib dw date, and a like sum shall be added ro e+ch s~cl+ installment remaininp ~npsid 7 daya ~ke~ eath tucceedirg piymenr dste. Each maker, wrety and endwter hereof, jointly and severally, waives demand, presentment protest and notice of protes~ for na~psyment, ~nd further agrees to any extension of tirn~ of payment, eitAer before or aita maturity, without ootice to ~ny of us; and to pay all cosn of eotlection, incl~d;rg a reasonable attaney's fce in the event of aoy default hereunde?, and hereby uverally waives all bene(it of homestead and exemption undet the tOnatitulion a~~d laws of each State of the United States, as against this obligation or any exrension B~re a~+r_1 j~,r~f. B~LDING CORPORATION l~:lrf\l~l~lSK Witness the hand and sesl of exh party. BY: S/ Jack Crain, President ~ Corporate seal affixed ~U ATTBST:S/ Mary Lee Crain. Secretary ~ ~ 18.45 Sr~t~ Rswnw ~U ; ~s*ane~-~an~elle~ v~r artpM+a1'na~ ' NOW, THEREFORE, the MORTGAGOR fw tM purpwe of s~tvrinp p~ym~rM of ~aid wm of S 22~3~•~ ~+d th~ pe~form~ex~ of th~ co~enann and ayraemenn her~insher e:pressed. a~d fw d'iwn 9ood snd v~IwbM eonsideratioru, by lhe~~ presents, does ~prant, barysiry sell, r~mita, i release, eonwy and eo~firm unto tM N1pRiGAGEE, its sucuswrs and assipns, all tFwt eertain lot, pieq or paretl of land. sitwt~, lyinp, aesd beinp in tM ; Coumy of S t• LLiC 1@ ~ stab of Florida, davib~d a follaws: ~ ~ ~ t i The Ea~'t' 75 feet of Lots 11 and 12, GARDSN 1 VILLA SUBDIVISION, as recorded in Plat Book 9, ~ > g Page 61 of the public records of St. Lucie County, Florida, QH , , (~G R~t~~ TQ g C~MA17C1BlE ~Y p~vf.iflyT PoIT~~~R ~72d, FE`'S::L?L P, ~F T'qYQ ~ AEertt fot ' Clerk Cireu;7 ~;s Gt 1S,j~r~R;Y, ~~KIEI ~u,rt W~, S-i'A-1 t aF t= L U~-~ t U A SL L~ ~tir.t~j j H~`:o1yL~ ~R e~ ~ DOCUMENTADN S~'AMP TA:( ~ Colle~yp~ a = 11PR17'TO 'c~:~- = . = ~Y~-~ I845= Vl COMPTROLLER ~ P.B.~~o~aa °~n' q~~ togethe? with all and si~gvl~r the tensms~ts. h~r~ditamsnts and ~rrtances thereunto b~lonyirg or in a»ywiw ~pp~rtair?irg tMnto. and ~II rems, issws. proceeds ~nd profin acwinq ~nd to aarw from said premisa, all of which ~rs included in tM above and fonpoirg drscription and Mbend~m. TO HAVE AND TO HOLD tM ~bow dewibed snd ~ranted premaes unto th~ said MORTG/1GEE, its woaswrs snd mipns forewr. Md ths s~W MORT ~ 1tS h~irs, ex~cutors. ~dministratws and ~sspro, hereby cown~ms with tM said N~ORTGAGEE, its succeswn srwf ~stipr~. rhar ~ 1S lawfully seis~d of tFw said prema~s in ft~ sienptet that th~ s~rM ar~ irN, clt~r ~nd dischar~ed from all IluK and Mnwn. brsnces in law w in equitY, and tha* i't wiH ~nd 1t5 hein shall warant and dtfend t}r titl~ to th~ ssr??~ to the saW MORTGAGEE, its successors and auiyro, forever painst tFr lawful claims Md demands of ~II persomt PROVIDED. AlWAYS that if th~ MpRTGAGOR sh~ll pay uMO ths MORTGAGEE th~ p~omiuwy not~ F~~inbefon dau~ed and ~hall truH, promptly and fully perfwm, dissM~e. sxewte. compl~t~, comply vrith ~od ~b;de bp ~Kh and ~u promissory not~ snd of this Mortpaye, tiwn this Mo?t ~Y th~ aipul+tlons. +gr~un~nts. condit;oro +ad oovaur~a of a~id 9+9e s~d tt+~ Estate h~reby veat~d sh+ll a~s~ and be null and void. IT IS UNDERSTOOD th~t tFK word "Mortyapor" whether in tF» sinpular or plvrd ~nywhen in this AAorty~p~, shall be sLgular if on~ only ~nd shall bs plw~l iointly and severdly if mor~ than one. and tl»t tM wo?d ^tt+~ir" as wed anywh~tt in thit Mort~ay~ sMll be uken to me~n •'his,•• •'hers,•• or "in.' whsrevsr rh~ COfltfltl i0 implies or ~dmits. Abo, thst wMrever ther~ is ~ r~f~rs~p in th~ oov~~ri and apr~~en» henin caqaimd to ~ny of tM parti~s hereto, th~ s+m~ sMll be cantrued to rrwan a vwll n th~ hein. ~pal npresa?atiwi, avcasaon ~nd auiyra (sirMr volumary by act of th~ . Wrti~s or involun4rY bY oparation of th~ law) of ~h~ samf and th~t the covensnss Mrein contairyd sMaU bind ~nd the b~nsfifs and advamap~s 4wn ! ro tM respectiw hein, kyal r~pra~ntatives, wccessors arw! ass:yns ot ih~ puti~s herNO. - And sald Mwty~pors, for th~msdva and their Mks, k~aal r~presemetiws, woassas and assipm. Mr~by jointly and swaally covenant ~nd apn~ t to ~nd with tht said MORTGAGEE, its wa.~swn ~nd assip~t: 1. To pay all ~nd sinpvl~r the principst and tnt~rest ~nd th~ various and sw~dry aum of ma~ey pay~bb by vktv~ of said promi~sory not~, and this mor?~e, eafi .rd .wry, prampry on rh~ day~ respscMely tM tanw .w.raly bscar» dw. To p~y atl ~nd wputa~ tM taxes, ass~ssen~nn. Iwiws, liabilitia, obliyatlau and ~naknbrances of wKy rwwr~ ~nd kirwd ~ow on iaid dpaib~d D?opKb, w tMr hereafbr may b~ impw~d wffend. P~+ad. (wi~d, or usas~d ther~on, or th~t henafter may b~ Isvied a aaewd vpon this sQ~, a tM b+d~bbdnea sa~vrd hereby, each and w~ry, wMa dw and WY+bM, aa~adLg to law, b~fon tF~e~r b~cane d~linquent, ad b~fon a+hr ~i anathes w any pe~alty is incwted; qNp 1NSOFAR AS ANY THEREOF IS OF RKORD THE SANIE SH/lLL 6E PROlNPTIY SATISfIEO ANO DISCHARGEO Of i RECORO AND T11f ORIGINAI OFFICIAI OOCUMFNT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfICIAIIY ENDORSED s OR CERTIFIED) SHAII 6E PUCEO tN THE HAN06 OF SAlD MORTGAGEE WITHIN TEN OAYS NEXt AfTER PAYMEM; and in th~ twnt thst any therwf ts eot i paid, sat:sfied and discharged ss:d MORTGAGEE may at any time pay tM same a sny part thertof withour waivinp ot affectinp my option, Ikn, tqvity er ~ .~pht under a by virtve of this mortysye and the futl amovnt of each snd every svch paym~nt ihall be immediately dw and p~ysbk and shal) bear interest ~~om the date tF~ereof until psid at ~ate of n~ne per centwn ps? ~n~wn and toyether with wch inte~r R shall be securd by t~ lien of th:s morqtsp~. 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