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~ 246690
THIS INDENTURE, Made the ~ 8~'h d~y of ~ ~~h ~ A.D. 19~1 D~r,neen ~
~ Buccaneer Buildin~~Corporation~ a Florida Cornoration _ `
~
`s
of .St. Lucie , Cp~nfy Flwida, h~r~inafler detignated as Ihe "MORTGAGUR," and FIRST FEDERAI SAVINGS AND IOAN `
ASSOCIATION OF FORT PIERCE, ~ cor ation or ~nized and exis~i under ti+~ laws of tM Urt~~cd S~atos of America a~d havi ~
Pa fl ^9 ng ift printepa) plate of ;
bu~insu i~ the City o! Faf P;acs. St. luci~ County, ilorida. herein~it~~ deiipnatsd s~ ~F?~ "MORTGAGEE:'
WHEREAS the MORTGAGOR is j~slly Indtbt~d to 1M MORTGAGEE in ths sum of = ~ 3~3~~~ good and ~awful money of the Un~~ed
Srate~ advanced by the MORTGAGEE un~o the MORTGAGOR, as evidenced by • certa~n prom~ssay note of eve~ da~e herew~rh, of wh~ch the following in
ti words and figuros it a trw copY. to-wit:
s~ 3, 300.00 No 3-t 6, 9ot
~ Fo~t Pierce, flwida, ~~h ~ 8 19..L' _
~ fw value rKeivcd, 1, we or either of us, pr;
~se t,~jtay~without defalta~ion, to the order of FIRST fEOERAI SAVING$ AND IOAN ASSOCIATION OF
FORT PIERCE at Fwt Pierce, Fbrida, the sum of = f3UV.W W~th iNerest 1rom rlate at thc ~ate oi 8~~_~o pe~ danum, in monthty instatt• ?
.,ents as followf: j ~ ~ Z•~ on Ihe _ t th day of ~~,Y 19__21__ ~
and a Iike sum on the correspond~ng day of each month there- j
atre~ until rhe whole be fvlly paid.
. Each instal4nent fint shall be applied in paymeM of 1he iNerest and then on the unpaid balar.ce of e~e princ pai wm. If default is made in the
paymeM of any instalfinent when due, and such default continues 30 days, thco et ~he opnon of rhb holder, and without any o~hei notrce, atl ~he re~nain~ng
:~~staiGnents shafl be due and payable at once. Privileye i~ given to prepay lhis note in whole or in part at any t~,ne without 4,enatty. Ne~~hcr forebearance,
nor acceptance by the holder thereof after any default+n any paymen?s hereon, shall be deemed extens+on. A lare paymznt charge oi S~!60__, shall be •
` added to each inatallme~t remaining unpa~d 7 days after ib due date, and • like sum shall be added to each auch instailmem rema~ning unFaid 7 days after
~ each aucceeding payment date.
Each maker, surery and endorser hereof, joiMly and arve~aUy, waives demand, presentment protest and notice of protest for nonpayment, and further
agrees to any extension of time of payment, either before p after maturity, vrithout norlce to any of us; and to F ay all costs oi coSlecrion, inclu~;ng a
,1'~ reasonable atromey's fee in the cvent of any default ne~eunder, and hereby severally waives aH 6enefit of tamrstrad and exempf;on under the constitWion
~1 a,~d laws of each State of the United States, as against this obl;gation p any extens~on or renewal hereof.
\ Wit~ess the hand and ual o( each pa~ty. ~ BIICCANEER BUII.DING CORPORATION
By t s/ Jack Crain President ~E„~~
, s Maxy I,ee Cra3n, Secretarv _ c~nu
~ CORPORATE SEAL AFFIX$D '
. . _ tsE~?u
~ A
( 9•95 ~ State Revenue ~ u
NOW, ~HEREFORE, the MORTGAGOR fw the r
pv pose of ttcvriny p~yment of s~id sum of s~3~3~~~ , and the perfo~rnance of 1hs
covenant~ and agreemenra }~ereinafter expressed, and fw dive~s good and v~lusble considerat~ons, by the~e presenrs, doei gran+, baryain, se~t. rem~se,
•~leau, convey and conf~rm unto the MORTGAGEE, ib succeuort and auigns, all that certain 101, picce or percel of land, :ituate, lying, and being in the
County of St'. ~.ltCi6 ar?d Stste of Florida, described as foltows:
The South 24.1~ feet of I,ot 6 and the North 38.6 feet of Lot 8, Block 3,
SUNRISE TF,RRACE, as per plat thereof on file in Plat Book 5, Page 55,
of the Public R,ecords of St. Lucie County, Florida, ~
PF~,~ . ~G ~
. ~'=E OM ~M~'~ IM PAYH~*(~ QF rl~~
~ TO
~'."=G"R ppfT
~e 2°M`~. ,~`rs~s°on~~~.
~~nt for p ~u~
~ ~ntrE~ N ~°"?t
~ l~~-~~ i C. ~ c r L t~ ~ 21 u.~ ~t cuti+ cotdtq? Ta~r co~ 1R
y l70Ctli•1EIRT~'." __.~~F:~•'P 1A.. ~
~ ~ ns~2s~~ = 8r
o - ,r:~~~ I 995= ~p~~,
N V CQv?THGII~~.`~t•, ,r _ -~'v,T
Pg.t`.•U133 ~`°a'_~
together with all and singul~r the tentments, hereditamenb ~nd ~ppurtances thereu~ta belonging os in anywise ~ppertainirg thereto, ~nd ~11 rents, isaues,
p~oceeds and profits accruing ~nd to scuue from said premises, all of which ~re intluded in the above and fwcyang dtwiption and Mabendum.
TO HAYE AND HOID tF~e ~bove deuribed and yrsmed premises unto the said MORTGAGEE, its succrssors and as~igrtt taever. Md tFw sald
MORTGp~'aOR fqri --s heirs, executors, administrators and a~sigru, Fxreby tovenants wifb ~he said MORTGAGEE, ib succe~sors and astign~,
rhat -it ~r1.1 ~awfull ui:ed of tha said
Y prem;a~s in fee simple: thst th~ ssme ~~e free, ck~r and diicharped from all lic~u and ~ncum~
brances in !aw a in equity, and ll~at it' wi11 ind itS he;rs shall warrant snd defend the title to the same to the s~id
~'.~ORTGAGEE, its successo?s and astyns, forever sy~inst the lawful claims and demands of all persons;
PROVIDED, ALWAYS th~t if the MORTGAGOR thall pay unto the MORTGACaEE 1M promisswy nofe hereinbefore deuribed and thail fruly, promprly
and fully pe~fwm, disch~rye, execurs, compkte, comply with ind ~b~de by each ~nd every the itipulations, agreements, conditioni and covenanq of said
promisswy note and of this Monya~e, then thi~ Mort9ay~ and the Esute hreby created ihall cease and be null and void.
Ii IS UNDERSTOOD thst the wwd "Mortflagor" whetht~ in ttK singulir or plural anywhere in this Mortgage, thall be singulsr if on~ only ~nd
shal! be plur~t jointly and severally ii more than ora. ~nd that the wwd "tl~ei~" as vud ~nywliere in tb~s Mortgspe ah~ll be taken ~o mean "his:• ..hen;'
or "its;' wherever the conte~et w implies or admits. Alw, that wherever there is a referente in ths covenants and ~greemenb herein contained to ~ny of
rhe parties hereto, tM same shall be const~ued to me~n ~s well as th~ heirs, kq+l rtpresent~tivea, successon and assig~s (either volunrary by act o! tht
pa»ies a involuntiry by operation of the law) of the same and that the covenants herein contsined shall bind and 1Me benefits snd ~dvaneagp i~ur~
+o tM resp~ctive hein, kyal representatives, successwt ~nd ~u~9ns of th~ p~rtitt hereto.
And ssid Mwtq~Qws, fa themielvp and tFKir heirs. lepal reprsie~tativ~~, successws and assi9ns. hereby jointly and ~everaltq cove~ant •nd pree
~o ~nd with the said MORIGAGEE, i~s ~uccassors ~nd auiyns:
1. To poy dl ~nd sirgular the prinupal and i~t~rest u?d tM various ind tundry sums of money payabl~ by virtue of sa~d prom~~sory not~, ~nd thia
n+ortyaps, e~ch and every. promptly on the dayt respettivtty tM sam~ s~v~rally becoms due.
2. To p~y ~II ~nd sinq~~~r tM tsx~s. ~twssm~nts. Itviss, liabilitit~, obliy~tions ~nd encumbrar?c~~ of tvery naturs and kind now on said dsu~ibed
prapsrty. or ehat he~~aft~r may b~ imposed, svffK~d. Plattd. Iwied, or ~u~ssed tMreon, o~ Ih~t ix~eaiter may be lev~ed w use~sed upon this Matq-
a9~, or tht indebtedn~s~ ~ecvrsd hereby, e~ch ~nd way, whtn dw anA pay~bl~, xcwdinp to I~w. befo~e they become delinqusnt, ~~d befw~ any tntKei~
aTtaches w any pen~fty is inturred; AND INSOFAR AS ANY iHEREOf IS OF RKORD THE SAME SHALI 8F ~ROlNPiLY SATISf1ED AND OISCHARGED OF
RECORD AND iHE ORiGIt3Al OFfIC1Al ~OCUMENT ISUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICIAtIY ENDORSED
OR CERTIf1E0) SHI!Ll EE PtACED IN TME HANOS OF S/1tp MpRTGAGEE WIiHIN TEN DAYS NFXT AfiER PAYMENi; and in Ihe evenl IMt ~~y thereol it nat
pe~d. ~ar sfied and d;uhsrged ~a:d MORTGAGEE m~y at any rme pay 1he ame w•ny part the.eof w~thovt waiv~ng w sl(eciinq •ny option, lien, equ~ry or
•+~ht under w by virtue oi this morty~ye and ths full amount oI each ~nd every tiuch payment sh~11 be immedu~ely doe and p~yab~e ~nd sh~tl bea~ i~teres~
i~wn ~he d~te thereof v~til pa~d et r~te of mn~e per centum p~r •nnum •nd foye?her with tuch intere~i ~ha11 be .ec~.ed b~ the Gen of ~h s morqt~q~.
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