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HomeMy WebLinkAbout1583 ~13408 iMIS INDENTURE. Msd~ tAe._ 6th a_ day o~ Au~St _i ~ A0. 1971., b~raeen Kelly_ConstructiQn Coa~anv. a_Florida__Cor~or~?_L~~______ of Ct •~.~1C~@ ~~~~ty fipr~oa, herr~~ufrer drs~~~iar~d as tt.~ "'btJRiG.~GOR." er~d fiRST FEOERA! SnV!^:GS ti^:D L~~1N AiSOC1ATtON Of fORi PlERCE, a co~pwat~on wgu~ized and ca~s~~~~g undrr tha laws of the Un,t~ StatQ~ of A:ncrica and having its p+~~x~pal place of Lus~ness in the Gq of Fwt Pierce. S~. l~ue Counfy, Fla:da, here~na(trr d~aig~at~j ~s ~ne "MORIGAGEE." WHEREAS Ihe MORTGAGQR ~s ~ustiy i~ebted ~0 1he MORiGAGEE in ~ht s~~n of S-?,'7l5~!~ , gooc! and ts.+fui money o! the Un•ted ~~~rrs adrancrd by Ii~r ntJ~i~ACff w;eo rh~ !.1pkfGAGOR, as rndr~urd 6y e cert.;.n p:o:r.,sse~y notr o1 ~•.rn daTe 6citw•'h. ol wi~•,h tne fo„o~n~ng in ~ ..ords and I~ures is a trua copy, tow~~: ` s 27L50~.00 r,~, 3•17, 289 ` vorr v~erce. F~o.~da, _ Augu:;t 6, tv 71 ~ fw val~~ ~Ke~vrd, 1, we o~ e~thcv of ua, prom:se fo pay, v.~ihout drfatcanon. w tt~r arder ot 11k~T 7tLLK%at SAVINGS AtJD IOAN ASSpCIAiION Of ~:`RT PIERCE af Forl Pierte. F(or~de. Ihe Sum O( 1 17~5QQ~~ _ w.rh ,.~r~-:rsl ttv~n d~tr at rhr rarr of ?f7+~ H~r annu~n, in nwnthly initail- • •~•~~rs es (o:'ows: S~OB~~ on tha 1St d,Y o~ De+eenber . 19 71 anci a i~?e su»~ on ~ha corr••spond.tig day of cach mon~h there- - e'.~rr i~nLl thr v~ho'e bt f~Ny fa~d. ~ Each in3ra:~:~ierit first ahaf~ br appi~ ~ in {wymcN of the interest and rl:~n .~n ti~e u~:pa~d F.a:ancc uf the nc pal s~m. If drfa~!t is made in ihe ;.~,m~ot of any ms:a!Iment ahtn dua, and w.h dr#au:t conhnv~~s ?0 deys. ihen at tht oj~t~on of the ho::~.•r, and v.~!hout ~ny ott,cr nor.ce. all the remain~,~ { •:~te!i~nrnts shail Ix d~e ard pr~ab'e et onc~. Pr~vurye ~s g~+~n ~o p:rpey thn notr m whotz or in part at any ~,rr,e wrthout ~.en,;;1y. Nt•;thrr forrbearance, f ~ r.,,r acceptance by the ho;Jer thr.atihsj~r. any dcfa~it in any paymrnts henron, st~aU kx de•_r.icd ex+rr.s~on. A late pay~nent chary~ of S~f/t4Q shall be ~ ~.i.i_d tc each insra:~n:~•nt remam~ng ~n~a•d 7 days altrr its d~e date, and a~~ar s~,•n tIu!i t.e addrd to exh such ,nsee.~m~nt ~emaminq unpaid T days after . r:~.h wcceed~ng parn.rn~ dev.~. ~ Eath ma4e~, swcry and rnd~~irr he~rof, ~o:ntiy and stvrr~lly, wa~ves dr:~~~nd, p.rsenr^rnt p~otest and r.o!~;e oE proteat fw nonpayr.i~ d, and further ~ e~rres ~o any extrns:un oi r~~nr o{ y,.~mant, c~ti~rr txio+e w aitrr matu+~ty, w~if,u~t ~~or.c~• ro an~ of us: a~~d to pa~ e!1 ccs!s oi cu'•trcr~rn, inc:vdmg a ~..~sonable atrer»c~ s ta~~ ~n thr c.~nf ~t eny drfa~;t hereundr~, and hereby sr.~~ra!~y wa~vrs a~i ceneiit of i~~recat~aJ anc~ earmpti:x~ ~nd~r Ihe tonstiTWwn ,~d laws of each Sreri of thr Umtcvi Sfate;, as a~a.~.st this obl:gation p any exrens~on or ~rnrwal he~eoi. KELLY Ca1STRUCTION CaMPANY ~ W~tneas the har~d and seal of ,~,ch Na~e~. 4_ By: s/Kelly Hall, President - i'orporate Seal ~fixed ~sEwt) ~ (SEAU i ~41 ~'25 1 State Revrnue «u Nt7cV, iHfRfFORF, tht MORTGAGOR (w rhe ur 27 5~~~ p pose of secur~ng payment of sa~d sum oi S ~ snd the pcrformance of the corenants and agreem.,;nra he:~:~~eitr~ expressed, and for d~vers good and valuable cons:de.at~ons, by these p~esents, does grant, bdryain, sell, ~cm~se, •<•:ease, coo~ey and conffrm u~ro rhe M~RiGAGEE, its svccessors and ass;gns, all ~ha1 ce~tain lor, p~ece w parccl of Isnd, situate, lying, and being in the ~ :ovnty of $t •~.1iCle' and S~ate of Florida, dew~bed ~s follows: LQt 4~ Block ORANGE BLOSSOM ESfATES, SECOND ADDITION, SECOND PLAT~ as per plat = thereof on file in Plat Book 16, Page 14, of the Public Records of St. Lucie County~ F'Iorida?, m~ RfCE~YED f_ SS IN PAYA~ENT OF TAXES DUE QN CI,ASS 'C INTMGIBIE PERSCNAL pRpPERiY, ~ STAT ~~F F L O R 1 U A ~FS'~.-~Nf TO CFL'.Pi=tt 2p72q, A~TS OF 19~11. DOCUMENTA~~ STAt~AP TAX ROG~f; f'()I',".:iS, C~e~k Circe:t Court V A ~ = auc-~i ~k ~ aS I1~C~.t tcr cr,rr?~~ rr. r.r;Utiv~ES, ~R t-- v ` .s 412 5; St Lucie Cou..~j iax Cotiector N GEi1.bf tF1ff[0[ ' P.B.i9o~~: _ _ B + r n~unr c~+c rogefher w~~h all and s~ng~br ~he ienemenfs. hered~tamenes and appurtancs thoreunto belonging a in anywise spperuinirg therero. aod all rent~, iuues. a~ocecds and p~alits accru:ng and to aca~e f~am sa7d prtmises, s!i of wh~ch are incl~~ in ~F~e above and fwegoirg destription and fiat,er.dum. TO HAVE AND TO HL1tD rhe above descnbed and granted prem~ses u~:o the said MORTGAGEE, ~ts svcceisors ~nd sssy~s iorever. And the said :~OD,TGAGpR for ltg he~rs, e,~ecuiws, adm~n~s+rators ar.d ass~gns, he~eSy covenants with the ~a~d MORTGAGEE, ifs svccessors a~d assiQro, •hat - 1~ i5 Iawfu~ly se~:ed of th~ sa~d p~cm:us in fee simple; that the same are free, clear ~nd diuharged from ~tl liens a~d encwn- ~~anccs in Iaw or in eq~ity, arwl 1haL_ it w;ll and ~ itS Fxirs shall wtrrant ~nd defend the tide to fh~ sarn~ to tht sfid ':.ORTGAGEE, iti successors snd ass~gns. (orever againsr the lawfu! claims and demands of ail perypns; ~ROVtDED. AIWAYS that ~f rh~ MORiGAGOR sl~all pay unto the MORi~AGEE the premissory note hereinbefore described ~d shs11 truly, p~pmptly and fully perfam, d~scMr9e, executr, compiNe, comply with ~nd abi~ by each and evr•y the s:ipulations, agrKments, conditions and covenanh o~ said ~~om~ssory note and of .h~s Mortgsge. the~ this Mwtgage and the Estate hereby crealed shall cease and be nvl! and void. IT t5 UN~ERSTOOD that the word "Morrgsga" .Nhe?her en the s~rv~ufa? a plursl anyw)xre in this Mortgage, shsll be s~+gular if one cnly ~nd sk~11 be pt~r~l p~m1y erd severalty if rtwie +hao one, a~d that the waa ~neer ~s uied anywhere in th;s M.ortgage sliall be tsken to mean "his.•• .•he~s,•. or "iti," w,hercver th~ conte~t so ~mplie3 or admirs. Alw, that wherever there is t relerence in the covensnp ~rcd ag~etmenrf here+n contained to ~ny o~ ±~e pasfita here;o, tht same shal! be consuued to mean as weil as the he~rs, tegal rtqesen!atives, sutcessors and assigns {either voluntary by ~ct oI the G~rtiH o~ involumary by oE.erahon of the law) of ~he same ~nd that the covenams herein cootained shall bind snd she bene(its and ~dvantayes inur~ r~ fhe respective heirs, icga( nprcuntar~ves, successo~s :nd ~argns of the p~rt;es here~o. And s~ed N.ortgagors, fw r?+emxlves and their heirs, legal represenuuves, successps aod assigns, hereby join;ly and severally covenam and ~gr~e to er+d w~~h the sa~d MGRTGAGEE, ~ts svccessws ~-~d assgns: l. To p~y all er~d s~ngular the pi]ncipal and inferest and fhe rarw~s and svndry sums of money payable by virtue of t~d p!omisiwy not~, and fhis T.caty~yr, each •nd every, p~ompN~ on the days re~pettnel~ the same xr~r~lly be:ome due. 2_ To p~y •II end ~~nqvlir the uees. ?ssessmen?s, levief. !~a4+4~~.s. oM.gations and encumbrances of every nature arxi kind now o~ said dexribed ~ wope~tY, tw tMt F~ereafte~ m~y be ~mposed. su(fe~ed. Plxtd, levi~d. or ~ssested tl~ereo~, a ~hat hereafler may be lev:ed or usessed ~pon Ihif Morf i a~t, or tFk indebt~dness ~ecvr~ i:e~cby, e+xA a~d ever~, wlxn dve ~nd p~y~bte. ~ccad~ng ~o law, befae they become detinqu.nt, a~d btlor~ ~ny intNp~ ~ e••?:hes a•n~ pena!ty ~s ~nt~.red; A~~D INSO~AR AS ANY TME4EOF IS OF RECORD iHE SAME SHAIt DE PROMPiIY SATI$FIfO A'~D DISCHARGE~ OF ~:CGRD AND THE ODIG:F;pI U~FI! tAt OOCUI~EN/ i$UGM AS. fOR 1•~ISIANCE. THE TAX RECEIPf OR iNE SAiI$FACiION PAPER OFf1~UllY ENDORSfD ; CERIIFIED) Si7Ail BF PLACEL 1!1 1NE NANDS Of $A~D MORT(~AGEE WITNIN TEN DAYS NiXi Af1ER PAYMENT; ~„d ~I,~ e.•em that ~ny thereof is not ; a d, ss+ shed •nd d~icha*qcJ se d ll.Oki(~ACiEE may ~t any bme p~y the •+me or •ny pa~l thertoF w~thout w~,v~~~y or affechng any oplion, lien, tquity pr •~fM under p t~ ~:+t~e of rh~~ n~,,•tyage s.~d ehe 1u1~ ~~~nv~I o1 esth •r~ every svch psyrnent ~hal! Fx ~mm~d~~rely due •nd p~yeble and sh~ll bear inteiHt ~,o•T ~r{ d•r~ ~?,e.eo~ ~nr i pa.d •t ~~e~ o} n.~e (lr.l~m ~r •nnv~n a.~ ~;.yc~t:e• w.~h such ~nteres! ahat~t~se r y~he I:e t~ mo~yta9e. eo~K ~~~2