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HomeMy WebLinkAbout0178 f ~ 192~~~ ~ ~ 15th p r32 ~ TNiS INDENTURE, N4d~ iM day of Q . A.D. ldtn " betw~en B uccaneer B uilct~ n9 Corporation, a Florida rornorgt;nn of : S~• LLiC3A ~ ~~~y Flwidi, Mr~inaft~r dKgn~t~d ~s 1M "MORTGAGOR;' and FIRST FE~ERAI SAVINGS AND IOAN ~ ASSOCIATION OF FORT PIERCE, ~ corpaation c~panis~d and e:istinp undK th~ bwt of tM U~it~d Su~~s of /1m~rica and Mvinp iri princip~l plac~ of buurnss in th~ Ciry of fat Piac~, St. luci~ County, Flaida, Iwreireafiu d~aipn~td ~s th~ 'MORTGAGEE." WHEREAS tM MORTCsAGOR is jwtly k~d~btfd ro tM MORTGAGEE in th~ wm of ~ 12 . yood a~ lawful money of the United ' States advanced by ths MORiGAGEE ~nto th~ MORTGAGOR, as evidencad by a cKtai~ promiuory not~ af even dste hs~ewith, of which the folbwinp in ~ wada and fi~u~ts is a t~w copy, towit: , :12,000.00 ~ 16,273 ~ Fon Fie.c. F~o.w.. APril 15 1990 ; For valvs ~~ceived, 1, ws p either of vs, prom;ss to pay, w;thout def~lution, to the wder of fIRST FE~ERAI SAVINGS AND LOAN ASSOCIATION OF FORi PIERtE it Forf Pierce, Flwida, the ~um of ~ li7y~~~ with interett from date at the rate of ~a~96 per annum, in monthly inttal6 r~nts as follows: = 105.~ ~ t~ 15th ~y of _ A~Q~'~-. 19~Q ~nd a lik~ sum on the correiporxtinp day of exh month tMrr ` after until the whole be iully paid, Esch installment first shall be applied in paymenf of ths teterest ~nd then on the unpaid balance of 1he principa! wm. !f default is made in tht paymenr of any inst~llment when due, and wth default tontinue: 30 days, then at the optpn of ths holder, and without s~y other notice, all the remaini~g ~nstallments shatl be due and payable ~t once. Privit~ is 9iv~n to pnpay this note in whole or in pah at any time withovt penalry. Neither fwebear~nce, nor +cceptance by the ho{der thereof aftcr sny dehult in any peyments hereon, shatl be deemed extensiw~, A lat~ payment charye of 55•25 , shall b~ added ro each insfallment remainirg ~npaid 7 dayi afta in du~ date, and a like sum shall be added to eath such installme~t remaininy unpsid 7 days ahtr eath s~xceediny paymtnt date. Esch make~, surety and endaser hereof, joinHy and severally, waivet dem'and, presentment protest and notice o( protest for nonpaymenf, and furthe? agrees ro any extension of tim~ of paym~nt, either befora w after maturity, without ~otice to ~ny of us; and to pay all cosfs of collection, includ;~ ~ reasonable attorney's fee in ttie event of any default hereunder, a~d hereby uverally waives all benefit of homestesd and exemption under the twutitWion aad laws of e~ch State of the United States, as sgainst this oWipation or any extension or rentwal he?eof. ~ w~tness the haod e~d ~a1 of each ps?ty. BIJOCA?'vBSR BUILDING CQ2PORATION - BY; S1 Jack Crain. President ~ Corporate seal affixed - ~ ATTBST: S1 Mary t,ee Czain, Secretary_ ~ ( lg'~ State R~vNw~e ~ (Sea~~ s~aodbd a. oupiaallwW NOW, ?HEREFORE, ths MORTGAGOR fw tMe purpoa~ of aecvri~g p~yment Of said wm of ~ 12+0~•~ , and t!N pe~amar~ce of TM covenants and ayreemen» hereinafter exp~eued. ~nd for diven qood ~nd v~lwbb cwuideratiora, by ther~ prea~nt~, does yrant, birpain, sell, r~mise, release, conwy and confum unw the MORTGAGEE, its wcc~sson and asiyn~, dl that urtain bt, piep or parpl of lud, situate, ly'ug. ~nd beinp in •h~ t~nry ~ St. I.uCl@ aod Stat~ of fbrida, dacrib~d p fo!{aws: - i I Lots 11 and I2, Iess the East ~5 feet thexeof, GARDEN VILLA SI~DZVISION, as recorded in P1at f , Book 9, Page 61 of the public records of St. ? I.ucie County, Florida, IN PAYiAFti~ OF tAXES RcGcn'[i) Cl,1SS 'C IR'?Mt.^,tBLE °E.:SC ~:Al P'tOPERiY, p~ E R^~7?.=., ~C~S OF 1331. . p; .S>!if i0 C::!.P+ . ~~G"~ pQ1 s fJtS~ Cte:~ Ciccu:t Court S~ 1 Al ~ ~F r L u 1=t ! t.~ A L~t r~r eac~l~t n. KNOW'.ES, 1R. DOCUMENTAo E TSTAMP Ta?% ' ' Z $t. <U~18 COOi.t'f T8X ~.O~~EGtO( ~ ~ ~ ° APRi7'7E) ' _ ti U = I 8 0 0= a~ac N COMPTIIOILER DEPUN Ps.t~o~38._._ ~ - ro~ether with stl ~nd singo(~r_ tM tawments, henditamtob and appwtances tlwre~x~to b~lonQinp w ln arrywi~ appartsioirg tMr~w, and ~11 nn», issua. proceads u~d p?afin atavirg ud to aaru~ from ~aid psmisa. ~II of whldi ~ro w~dudad in tM abov~ a~d fotspoinp dewiption u~d Iwb~ndum. TO HAVE AND i~ HOLD tM abow d~wibed ~nd yr~nted premisa unto tl+~ a~id MORTCAGEE, its woaswn and auipn~ forever. Md tl+~ ~atd MQRiGAGORiS hein, execvfon, admioistwton snd ~uigro. hereby coven~nb with tIM said MOR7GAGEE, its suaeawn and tssipn that it Iawfolly teizad of the aid prunis~s in fN simples th~t th~ s~m~ ar~ frN, cfear and di~cMrpad fran ~II tkns ~nd Maw~r brances in law or in eqvity. ~nd ti~at ~t wilt and ~tS h~in siull wsnant and d~fsnd the titl~ ro the sartw m th~ aald ~ MORTGAGEE, iu sutceswn and aasgr», fortver a~s'mst tlw lawfvl c1aLm and demands of ~II psrwnss PROVIOED. ALWAYS that if ths MORTGAGOR shal) p~y unto tM MORTGJWEE tM promiuory not~ F+ereinbefot~ d~wib~d wd sh~ll m?!y, promptly ~ •nd fully perfwm, d~scMrye, exacvt~. compl~t~. comply wi~b snd abid~ by eath and ewry tht stiqrlafions, prMrt~enri, tanditioro and t~ovenu?fs of s~id ' promiuory r+ote a~d of thb Matyap~, t}~en this Mwtp~ and tl+~ &b» htrsby veat~d sMll cess~ and be nvll and void. IT !5 UNDERSTOOD tMt the word "Maty~' wi+etMr ln tM tin~ular or plwal anywl+ar~ in tha Mortpap~, sh~ll b~ sinpula if on~ only and shall b~ plural pintfy snd s~ver~lly if mon th~n on~, and that th~ wo.d "th~ir" ss ~nad urywlwr~ M tF?a Morfpap~ sh~ll b~ t~tun to me~n "his,~ "Mn," w"ib:' wherever th~ contsxt so impties or admits. Also, that whereva thae is i r~ferenp in the ~ve~nM and ayr~nenri h~rtin ooMain~d to any of rh~ pa?ties M.eto, tlw sartw shslt be wrotrued ro m~an p well ~s tM hein, kp~l re{xes~ntatfws, woceawn and asipru (~itha volumary by ~cr of th~ pa.ti~s or involuot~ry by operation of ths law) of tM anne arad tMt the covenants herein oortt~in~d ~1! bind ad the bN+tlih and adv~Map~s inw~ to th~ rssp~ctiw Meirs, (epat r~presentatives, wueswn ~nd au:9ns of th~ psnia h~?~to. Md said Mortyapors, fw tl+eenselves and th~ir hein, bpal rqxaemativa, sucauors and +aiqro• h~rebl? iointh and s~verally aw~n~nt and aprN ro and wifh th~ said MORTGAGEE, i1s woauors and usiqra; r 1. To pay ~fl sad sirgv!ar tM pincipal and intK~st and the vuian usd swidry w+m of mwKy paYabb by rfrfw of wid promiswry nw~, and thia ' mortp+~, s+c1? and ~wry, pramptly on the days nsp~ctiwly iFa ~~en~ sewnlly becom~ dw. ! 2. To pay all and sGgvlr tM tax~s, au~swnuas. Iwih. Iiabilkias, oblip~tiom ~nd ~nwmbranas of ~wry natur~ and klnd now on said daaib~d ~ P?opNtY, or that M.eaftK maY b~ impoad. wff~nd. pl+ced, Iwi~d, w awss~d therwn, a tMe IweaNa m+y b~ kvi~d w p~esssd upon tht~ AAat~p. +~e, a ti» k~debt~dness uswed i+er~by, esch and ~wry. wh~n dw ~nd p~y~bM. ~awdinp ro law, befon they btcan~ ddk~qwot, and b~fon any Intuat maches or any peMhy is incwred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 6E PROMPTLY SATISffEd AN~ DISCHAACsED OF RKORO ANO THE OR1GI(YAl OFFICIAt DOCU1NfNT (St/CN /?S, FOR INSTANCF, 1HE IAX RKEIPt OR THE SATISFACTION P/1PER OFfIC1AltY EtV00RSED OR CERTIFIED) SHALL 6E PUCED IN THE HAND6 OF SAIp 1MpRTGAGEE WITHtN TEN DAYS NEXT AFTER PAYMENTs a~+d in the ~wm th~t ~y tF?ereof b nor paid, sat'sfied snd discharged ss:d MORTGAGEE may at u~y time pay tl+~ s+me or ~Mr part ttwreof w;thout w~ivir~ o? affsctinp arryr option, lien, equity or •;qM ur+der a by vinue of tF~is mortgsy~ and the full amount of each ~nd ~very wch p~ymem thall be inwnedialely dw +~d payabl~ ~nd shall b~a~ i~terat ~rom the date thereof until psid at rat~ of n~ne per centum per annvm ~nd to~etMr w~th wch inte.nt aha ~ecur ~ tF~e lien of th:s morytp~. BOOK ~O PACE 7g