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HomeMy WebLinkAbout1213 ~ ` 2(j5022 THlS INDENiURE, Mad~ th~ 2~Yd d~y of ~ R~ ~..,.btu~y A.D. 19~~ , b~twean ItQlly Construction O~a~any, a Rlorida Cospora?tion of St. ~.~1Cia . Counfy Flaida. FwninaftK d~~ip~ated a~ th~ "MORTGAGOR;' and fIRSi fEDERAI SAVfNGS AND lOAN ASSpCIATION OF ~ORT PIEIKE. a owpor~~ion apsnis~d ar+d ~xiitirp undN th~ laws of tM Unit~d Suty OI A1Mfiti and I+~vinp its princip~l pl~cs of buiiMSS in tM City ot W?t Pi~rc~, St. luti~ Co~~ty, Florida. lw~inahK d~tiqnat~d as iM "MORTGAGEE." YYMEREAS tM MORTGAGOR is jvstiy ind~bt~d to tM MORTGAGEE i~ ths s~m o( : 17 t Z~• ~ , good +nd Iawful mo~ey of rhe Un~ted Stat~i advanced by tM MORTGAGEE vnto tM MORTGAGOR, as ~vid~~ced by a c~+u;n promiswry note of evee+ date F~er~w~th, of wh~ch the followinp i~ wor~ and iipw~s is a trw copY, w~wit: : 17~,200.00 r,l, 3_16,83~ ~ P~, f~~, Febsuary 23 29 91 Fa valw rKeived, 1, we a eithe~ of vs, promiie to p~y, wi~hout d~falc+tion, to ths order of FIRST fEDfRAt SAVINGS At~tD LOAN ASSOCIATION Of FOQT PIERCE af Fat Pierce, Fbrida, ths ~um of = 17+ 2~ with interest from date af the rate of ~~46 per annum, in monthly ina~a~6 ments u folEows: = 147• ~ un the 1 St 1~y o f Apr i l 19 71 and a t;ke sum on ~he corre~pond~r?y day of each month therr afre? until fhe whote be fully paid. Each instal{meni first ihall be applied in p~yment of tM interest ~nd thrn on ~Fx unpaid bslsnce of the principal sum. If defauh is made in ihs paymero of any inatallment whe~ dw, and suth defauN continues 30 days, then at the option of the holder, and wiehout any other notice, atl the remain~ng ~nsrallments thall be dve +nd p~yabk at once. P~ivit~ is piven to pr~pay this not~ in whole w in psrt at any time withou~ penalty. Neithe? forebearsnce, nor uceptance by the holder thereof afrer any defsuh in sny p+ymeros hereo~, sMll be deemed ex~cnsion. A late psymem charge of i---~-~+~. shall be edded to each instal~ment remainirg ~npa~d 7 days afte~ i» dw date, snd a like sum ahall be sdded 1o each such installment remauiing unpaid 7 days afte~ eech ~vcc~tdinp payment dat~. Exh make~, surety 1IId 4lldOfiQf AOffO}, jointly aod severalty, waives dema~d, presenrme~t profest snd notice of protett for nonpaymcnt, snd furtl:e~ agrees to ~ny extc~sion of time of payment, eithe~ befor~ a aftH maturity, without notice to any of us; and to pay ail costs of collection, includ;nQ • reasonable attwney's fee in the evenf of any default he?evndcr, and hereby severafly waives all benefit of homestead and exemptioo under Ihe conalitution and laws of each 5tate of ~M United States, as spainst this obliyation p any exte~sion a renewal hereof. w~rness the hand and seal of each pa~rtr• KBI-I.Y C:ONSTRUC?YON COMPANY BY : ~~U CoYporate Seal Atf ixed , . e s en ~U ~ • cs~?~1 cs~w ~ $25.80 ~ ~~h a.wow • NOW, THEREFORE, tfw MORTGAGOR for th~ performance of th~ W~P~ ~~?i^0 WY?nent of s+id sum of : 17 ~ 2~• ~ and the covenann and a9reeme~fs he~einafrer ex{xesled. and fw dv~rs pood and wluabl~ cauide~at~ons, by tMs~ presents, dws granl, bary~i~, sell, remise, relcase, eonwy and tonfirm uMO tM MORiGAGEE, its wcwswrs and usi~ns, ~il th~r certain bf, piet~ or parce! of land. sitwte. IYinp, and beinp in tM County of SL . LZ1C 16 ~nd Sbts of Fbrida, dacsib~d a~ fdlows: Lot S, Block 3, ORANGE BL06SOM BSTA?BS, S6COND ADDITION, as per plat tbereof recorded in Plat Book 14, page 2, public records o~ St. Lucie County, Florida, - y ~ 3 ~ ~~~uc~s~ ~ ~~?i. c~ c. ~ ~ w ( ~ ~C t ~ c= r- t_ ' . _ ~ ~~i ip qMPrEa 20~2~. • t' Ctrqlit u ~ Uu::U;~i~~;i~~~ ~-~~~~r. _i-%_.i_` ~ p01TRAS. qt(k ? ~ = Ftsz;,~i _ _ ~~c~ toi DAN{El N. KNOW~ES. 1R ° _ 2 5 E 0= i~ co+~, cd~~ CDA:i-T"r.~ ~L~~~. -s~ - st. ~ P.6.19h~33 ~ - By pfP~(1Y q.ERI~ +oyether with ~II and ainp~rla~ tM tenements. Mr~ditarn~nb snd ap~wrbnc~s tMrwnto b~lagiop a in ~nywis~ ~pp~rtairunp tMreto. ~nd all renn, isaws, proceeds and prof~n xavirg and to acuv~ from said pranis~s. ~II of wt~id~ ~ro krclud~d in tM apo+r~ ar+d fore~oirg dacription ~nd habMdum. TO HAVE AN~ TO NOLD tM abow deuribd and ~ranted pem;sa unro tht ~aid MORTGAGEE, i» tvaassws and auiqns for~wr. Md the wid MORTGAGOR for ltf hein, executon„ administraton and ~uiyns, hereby covenaen with tM said MORTGAGEE, its wcusson a+d ~saipn, rhat it ~s I~wfully ~eized of the s~id pnrr~aa in fN simpl~; th~t tM s~m~ an fr~e. clea? and d'ac)+ar~d from d! lia+u and ~ncvm~ bnnc~s in law a in equity, a~d tMt lt will srd itS Frin shdi wursnt and def~nd th~ titl~ 1o th~ aam~ to tl~ ssid MORTGAGEE, its svccessars ~nd ~ssiyro, fw~ver painst ttr lawful claims and dama~ds of dl pasoru: PROVIpED, ALWAYS tMt if tM MORTGAGOR sh~ll pay unto th~ AAORtGAGEf the pranis~ory i+ot~ Mr~inb~fp~ described and thall truly, promptly ~nd fully perforn~, discMrp~, executa, compl~q, comply with ~nd ~bid~ by ~ach s++d every tht stipufatioro, apree+nMb, conditions and coven~nti of uid ~om;uay nol~ ~nd of this Mortya~e, then this Matya~ u~d th~ Estate h~r~by vNt~d sh~li uaw ~r~d b~ null a+d vaid. ' IT IS UNDERSTOOD that tM word "Mort9ayor' wFwlher in tFw sinyutar a plwal snywMre in this Mwtyape, shsll b~ sinpul~r ii on~ a?ly and shaH b~ plura! 'pintiy and s~raally if mw~ tMn one, ud th~t th~ word "their" as us~d u~ywF~r. i~ rha Mony.Q. a1?+II ~.ksn ro m.an "his,•• •'Mrs,•• o~ "its:' whnwer the cont~xt so ~mplies w admi». Abo, fF~at wher~ver there is • refe~~nc~ in ih! coven+nri ~nd syr~nh htrei~ cot~tain~d to ~ny of tl» parti~s fwreto, tf» iam~ sh+ll t» caunued ro en~~n a w~ll a tM heia. I~QaI »pres~ntatiws, wcc~sson and assipro (either volumary by act of th~ a+rti~s or involum.ry by ope.~rion of ~Fr law) of tir s~rM +nd rhar ~he cov.n~nrs !x?~in comained sl~.11 bind •nd rh. b.n.fin .~+d advanaQes inu.~ ro th~ r~sp~ctiv~ I+tirs, Ipal rtpresentatiws, wccss~w~ and asi~ns of th~ puti~s Mr~to. i Md uid M«tyapon, fa tiNmsetws ~nd tF+~i~ he'vs, lpal r~pr~s~nt~tivta, suueuon and ~ssipra. Mreby jointly aod s~wr~lly cownans ~~d ~yr~e to ~nd w;th rF+e aid N10RTGAGEE, i~s succeswn and •aiQro; 1. To pay all and sirgulw tM priocipal and internt u~d tFr v~rious ~nd avndry wms of ma?eY pav~bb by virtw of Nid promiuay rqt~. ~nd this mortpap~. ~scF~ ~nd wery. PromPUy on tfN days ~~spactivdy th~ ~sm~ s~v~r~ily b~ca~w dw. 2. To pay ~II and anpulw tM taxe~, ~ue~sm~o», I~vies, Ii~btlities, oblipatiom Md ~ncwnb~~ncas d erery r»rwe ~nd kiad rw~w on said desv~d prop~rty, or tMt Mre~h~r maY b~ irnpw~d, svff~r~, plapd, Iwi~d, a as~eswd tha~on, or tMt hKeaftN may b~ I~vi~d a ass~sMd upa+ thi~ Mart9- p~, a tM Midebt~dn~a wcw~d hereby. ~ad~ ~nd wKY. wMn dw aed payabl~, aaat!"inp w law, b~for~ thty becoerw d~lirpueet, and b~lw~ ~ny inM~a~ •rtaches a? ~ny pen~lry a i~cv~red; AND INSOFAR AS ANY THfREOF IS OF RKORO THE SAME SHAII SE VROMVTtY SAi15FIED ANp DISCHARGEO Of RECORD AND TME ORIGINAI OifICIAI OOCUJMENT {SUCH AS, FOR INSTANCE, THE TAX RfCE1PT OR THE SA115FACTIUN PAPER OfFICIAItY ENOORSfO OR CERTIFIED) SHAtI dE VlACEO IN THE H/1N0.5 Of SAtO NtORtGAGEE WIiMIM TfN DAYS NEXI AiTER PAYAAFNT; and in ~he evem ~Mt My thN~of a na p~~d, u~'af;ed ~od diuharp~d ~a:d MORTGAGEE may ~t any t~m~ pay ~F» ~x or any part ~l~ereof wirhout wsivirg o~ ~ffectirq a~y op~ion. lie~. puity a •~h~ und~r a by virrw of this mortpay~ and th~ full amounf of e+ch ~nd ~v~ry wch p~ym~nt shafl be immediatety dve ~nd payabk and ri~aU bew iMer~st ~~om ~M d~t~ rhe~eo/ until paid a? ~~te of n~ne per c~nfwn p~r ~nnwn a~d rop~tF~ wi~h wch intt~est ~hall b~ secured by ?he li~n of th:s mwptp~. ~0~ ~O ~ . , ~ - _ _ - . . _ u. ~ _ ~ _ _a~ ..~a;~