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HomeMy WebLinkAbout1143 ;~t;4~~7i' 1HIS INDENiURE. Mad~ tPi~ 19th ~y o{ • • Fe~a~Y ~ A.D. 19?l. b~:r..ten Kellv Construction Coapany, a Rlorida Corvoration _ of $t . I.ucie ~p~~~y F~p~, ~rsinaffN desy~++ted ai the "MORTGAGOR." and fIRS1 FEDfRAI SAVINGS ANp LOAN ASSOCIATION OF FORi PIERCE, ~ cwpcr~uon wpu+I:~d ~~+d ex~s~in9 unda tM laws of tM Un~ted S~at~s of America and Mvirq iti pr~nc~pal plac~ of busu?~u in tM Ciy of FoA PiKC~. St. luci~ Caunty, Florida. IMff/MItH d~i~yn+ted ~i IM "MORTGAGEE: ' WHEREAS tM AAORTGAGOR is juitly ind~bted ro tht MORTGAGEE in tht tum of = 24! good and lawful money o( the Un,ted Statef adwnced by the MORTGAGEE unto the MORTGAGOR, u evidencrd by a certam promluory note of even dare herewith, o) wh~ch tha foltow~ng in words and fi9ur~s a a frw copY. to-wit: z 2d.000~00 r,~,_3 16.835 Fwt Piercs, Fio.~a~, Febntary 19 ~9~.1_ Fa value rete~ved, 1, we a either of vt, pranise to p+y, without defalcation, to the order of FIRST FEDERAL SAVINGS ANp IOAN ASSOCIATION OF ~ FORT PIERCE at fwt P+erc~, Fiorida, the wm of 5-.24 a-~~ _ wi~h interost from date at the rate of _8 QSo per annum, in monrhly install- +hrnts u ~ol!ows: S 2O1 w+ the lsth day of June ,~9__?land s like sum o~ the cot~espond:ng day of each month there- atter until the wAote be fully pa~d. Eeth instalimcnt firtt tF?~II b~ appiied in payment of the inte~est and then on the unpaid balance of the print~pal sum. M drfau~t is made in the 4>ayment of any installment wF+en due, and such default continues 30 days, then at Ihe opt:on of 1Fx holder, and without any other not~ce, all the ~emaining .ns!aliments sMlt be due and peyable at onca Privileye ii yiven to p~ep+y lhis note in whole or in part et any t~me withouf penatty. Ne~ther foreFxa~ance, r.or accsptar+ce by tAe hotde~ thereof afte~ any default in •ny payments hereon, shall be deemed extension. A late payment charge of ~~-•-~S_. shsll be edded to each instalimcnt remaining uipa~d 7 days tffe~ iri du~ date, ~nd a like aum shall tx addcd to each such instailment remaini~g unpaid 7 days after each succeeding payment date. Eath m~ka, surety and endorser hereof, jointly and uveratly, w~~ves demand, p~esentment protest and not~ce of protest for nonpay~nent, and further agrees to ~ny extenswn oi t~me of payment, either before a afte~ mawriry, wiehout no+~ce to any of us; and to pay all costs of collecr~on, indud~ng a ;~~~ia,~abk attorney's fee ire the event of any defauh hereunder, a+d hereby severally waives all beaefit of homes~cad and exemptio~ under the constitution a~~d laws of exh S~ate of the United States, as aga~~st this obli9a~ion or ~ny ex~ens~on o~ ~enewal hereof. w,me» ~he hand a~.d sea~ of each pa?ty. KEI.LY C~ISTRI)CTION COMPANY BY: s/ Kellv Hall. President (SEAI) Corporate Seal Affixed ~A~~ cs~?u ~ $36.00 ) Stat~ Revenue is~ew,pr a~11ed ~ er:yi.~l~e~e) NOW, THEREFORE, ths MORTGAfaOR fo~ th~ purpose of secvrinp payment of said sum of = 24~~0.~ end the performance of tM covenants ~nd agreement~ M!/liMF1N exp~essed, ~nd fw divers ~ood u~d wlwbl~ cons~derations, by these presents, does gr~nt, baryain, iell, rem~se, release, convey ~nd confirm unto the MORTGAGEE, iri successors and auiyns, •11 fhat ce+uin lot, piece or parcel of Isnd, situate, lyiny, and beirg in tM ~~~y St . I.11C le ~od State of Fb?ida, described as foNows: The West 80 feet of Lot 2, Block 1 of Orange Blossom Estates, First Addition, as recorded in Plat Book 11, Page 38 of the Public Records of St. L.ucie County, Florida,~ i~ I i ~ i t_ f ' ~ ~ f \ ~ ; L'~~:;.•~E:_r.~ .~._.c RECEn'~ °r ~ Z = - - - _ D'JE CN CIA;S - IM PA;'IyENT -s ~ = F r ~ ~ i 1 , ~ , ^ _ Pf:F,$,!AF1i j ~C~ INTAl~igtgLE PE ~ T~' 0 CHqpi_ '~S: N~L PROPERTI? ---~~_===,i 3 E 0 G~_ ~x-R Por;r,as. crF~ ~ n4. ~c;s oF ,~o,. • ~ v~ c=Tn..~_~R ._i _ rw;~t Co rt € ~~?.~'.:.e ..`~y az~!!:t tor CANI~ u St Lucie ~ H. ~~LES, 1R ? ~Ur~Y Tax Collector i € ~ i - ~ r ~ ~ 3 +ogethsr w~th all ~nd ~in~ulsr t!?e tenemenri, hereditamenn and appur?snces thereu~to belo~girg w in ~nywise appert~ininp thereto, a~ slt ren», issues. ~ proceed~ ~nd profits ~ccruing and ro~cvue from uid premises, all of which ue intluded in the above and (ore9oirg desc~iption ~nd Mbendum. ~ TO HAVE AND TO HOID the sbove deuribed and pr+nted premises unto th~ said MORTGAGEE, its successon and sssigni fwwer. And th~ saW ~ MOR?GAGQR (Qr lt S-_- heln ~:at~+ton, administratwt snd auigns, hereby coven~nri with tM taid MORTGAGEE, its auccessors and +uiper, ~ r~t - lt 1 S_~_ Iawfully se;zed of th~ a3d pern~aes in fe~ ~implr, tMt the s~m~ are irN, cku and diuhar9ed from ~II liero and encwr? ~ ° bra~ces in I~w w in equity. and that lt will ~ed lt 5 hein shall warrant and d~fend tht title to the same to th~ ~aid htORTGAGEE, its wcceswri and assyns, ~aever agaimt tht lawful claims ~nd dem~nds of dl persons; ' PROVIDED, AlWAYS tAat if ~he MORTGAGOR sMll p~y w+to tl+t MORTGAGEE the promissory ~ott he?einbefw~ described and shall truly, promptly ; ~ snd fully perform, d~xharqe, e:ecute. complete, compfY with and ~bide by each ~nd erery the atipulatiw?s, apreemenri, conditior» ~nd covenanb of ~aid promuwry note u~d o( this NlortyaQe, tMn this Mwt9apt +~d tM Estat~ F~ereby asated shall cease and be null and void. 3 tT f5 UNDERSTOOD th~t tFx wwd "Mwt9apw" whNher in the ~inyulu a plwal anywh~r~ in thit Mortg~pe, sball be singular if one only ~nd ~ shal! be plural jointly ~nd sevsrally if mws tMn one, and that the wwd "th~ir° ~s used anywher~ in this JKortgp~ sMIF be taken to mean ..his; ••,Ixn;' w"its." wherever the conteat w implies w ~dmits~ Also, that wherere~ thcre is • reitrence in rh. cove~+ann and .y.eemenn her•~n co~r.~ned ~o ~ny o( - rh~ partics he.sto, the same sh~ll be constrwd to me~~ as well tFK heirs. I~yal rp~esenutives, iucussor~ ~nd aui9ru (eithe~ volumary by ~ct of tht parries w involu~tary by op~rstbn of tM Iaw) of ihc sam~ ~nd tha~ th~ covenants F+erein contained shall bind and the benef~ts and ~dvantayes inw~ +o the respectivs he'rs. leyal representatirp, wccts~ws and ~u~pns of tM parti~s Frreto. ; ~ Md said Maty~qors, fw thsmKlv~s and th~N FKin. Ipal rtprssent~lirN, sucussors ~nd auiyns, hereby joimly and sev~ralty coven~nt and pr~e ~ ro ~nd wi+h the aaid MORTGAGEE, ets succefson and +ssipns: ~ 1. To pay ~fl ~nd ~in~ular tM printip~l and i~terest ~~d the wriov~ ~nd sundry wms of rt~oney payablt by virtve of s~id promisswy note, and thi~ ~ mortyapt. ~ach ~nd tr~ry, promptly on fh~ d~ys resp~ttiv~ly tht tsme s~v~~ally becw~w dw. ;;i v Y. To p+y •li ~nd srtgul~r ti+t taxN, au~sunen». Iw~ta. liabilities, oWqatioos and ~r~cumbrances of ~very natur~ and kind now on s~id dexrib~d ` p.op~rty, a tis~t her~ahK may be impw~d, wffe~~, pbted• Mri~d, w~satt~ed thereo~, w that her~sfta m~y be levied a ~sseued upon thi~ Mat¢ ~ ~e, p ~M irdtb~~drKp secweA h~reby. ~~ch and ~very, wMn dw and payabf~. ~ccadirg ro I~w, be(ae they becane delinqwnt, end Mfor~ any i~+terNt •+reches o~ an~ penalty is incurred; AND INSOFAR AS ANY TMEREOf'IS Of RKORD THE SAME SHAII 6E PR01111PT1Y SAi15f1ED ANO DISCHARGED Cf ~ REtORD AND iHE ORIGINAt OFFiC1At DOCUMENI (SUCH AS, fOR INSTANCi. THE TAX RECEIPT OR TNE SAi15FACTION VAPER OFFICIALLY ENOORSED , Ok CERTIf1ED) SNALL SE PIACED IN THE HANOS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the eve~t that ~ny tMrtof (s not ; _ pa~d, sa~ sf~ed ~nd d~scharQed sa A MORSGAGEE may ~t any time p~y the iame o~ ~ny p~~t thereof wirhout w~iviny a•ffecti~q any option, licn, equity or _ •~9ht und~? a by virtw of this morrypt ~nd the f~ll ~movnt of eith ~nd wery such p~yment shdl be immediNely due •nd p~~ab~e •nd sh~ll be~r interes~ M' ~•om the da+e tl.ereof until p~~d a~ r~~e o1 n.n~ per centum per •nnum ~nd toyet r t ~merett ~II be ucured by the lien of th's ma9tape. _ euoK O - ~'~~~~b 14 3. _.r i, ~r_ _ ~,_..~e .r._ = ~ . : x~s