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HomeMy WebLinkAbout0780 - ~1f~9~4 r THiS It~DENTURE. Made the 4th de pr _ ~+ctober A0. 19__?1_, between Wayne Construc~ion Coapany, w~ror~~a ~orporat on - - - - °f - St• 1'UCle _ Co~nty Flo~ids, hereinaftc~ desi~n~ted as ~i~e 'h1pR1GAG'.lR" a%.d F'~Si F!,'~~(;At SAV!?al;S A^;p tO.AN %.SSOC;IATION OF FORT PIERCE, s corporat;on o~ganited and ex~ahng undrr Ihe laws of the Un.trd Sra:~s of An~nricn end ha~~ng its prin;ipal place of ~us~ress in eha City of Fort Pierce, St. luci~ County, fbrida, he+ei~iaiter de3~gnatrd as the "tdORTGAGEt." WNEREAS ih~ MORTGAGOR i~ juslly indrb~ed eo the MORTGAGEE in the s~m of S. - 281 , gc;od ard ia.+,tvl o~~cy ai ihe Ur ted S•ates •d.ar.crd by the MORiGAGEE ~r.ro ~he MOkTGAGOR, as a.~d~•~~c~d by a ce~~e~n pro„~ssory note of e~en d~tc~ t:rrrwnf~, or ,ni~.~t, tne fa;c.~~~g in .~ords and figures is a true copy, ~owir: s 28, 500.00 No_ 3-17, 47'7 fort Pirrce. fior~da, __~tO~r a.___._ lp ~ For value received. I, we or either of ~s, prom,se ro pay, wi~hout defa!cae~on, to th~~ o~de. of FIRSI FEG'_RAl SAVINGS Aivv ti~Atv r~~Si~C1ATIUN UF r.~RT PIERCE at Fort P~erce. Flo~~da, ihe ium ot 5-.-28J5~•~ _ v.~~h ~s,~e•rsr fro~n d,te ar ihe rare cf 7•7S - - - pe~ an~:u~n, ~n ma•~ihly ~nslall- <nrs as fo;:ows: S__~4~Q(L__ on the day of _r'si[~~Y .!9 7? and a I~Ae w~•. on thr <orrespond.ny day of each mo~;th rheie- ,~ter ~nhl the who:e be futly µa~d. Eath fnstall~nent firs! shall be ap~Lrd in payment Of the interext and !hen ois +he ur.p:~ d he!anz.~ of tf;e pr~nc ;:a! su~~. If d a:.~lt is ~n3de in ihe t ,,,~nent of any insra!iment whzn due, and such deiault conrinUrs 30 days, then at the op!I:n of the ~:o.d~r, an;I .v~tho~:! any o~+~er not;~~•, ail the remain~ng statlmenra shail be d,:e and payab:e at cnce. Pnv~la3e is g;vrn to prepay this oo~e in whoie o~ in p3rt at any t~ •:e w~~hout pe~~a~ry. Ne~+her ~rebearance, ~ or acceprance by the ho~der thereoi ~fier any deiauit in any payn:er.ts F.erron, shall be der~~~ed e¦iens:on A!a+;• rjy~~,em charge of S 11 • 0 shall be ~ ~.i~_d te each insta~.~r.ent .emain~ng ~,.pa.d 7 days afie~ its d~e date, and a:~Me su^~ shali be a:.+d•_d +o c.+:h s~:+~ ~~~sr.,i~~„~nr re:r.a~nu:g un~a~d 7 days after ~ ~•.,ch s:,cceed,ng Faymenr da!e. t Each maicer, aurery and endoner hereof, jo~nrly end seve.aily, wa~ves de~+~and, p~esr~~rn~•nt prci~•st and r.o~re o! prorest for ~onpaymcnt, and I~riher ~ a,;~res to any extens~on o4 t~me of poyment, e~ther b~~fore or after matu:.ty, wrltiJUt ner.ce to an, cf us; and ~o pay a~t costs of cc`;ection, ir.t:ud.nq a ,sc;~a6!e attomzy s fee i~ the e~ent of any qetau t hereundcr, and hereby se~rra'iy .ra~ees ai~ bene?~t of homrst~.~d and eaarnpt~on undrr tFu constitution ~ d 1aw: of each Srate of the Un~ted S~ates, as aga:~st th~s abi~gation or any ~.tv~s,on o~ ~e~:~~LtctP~CONS2Rt~?IqV COMPANY ` rtvts ~ Yv~tness the hand and seal of each par~y. B y S/ wayne [J. S~ne s Jr (SEAt) - e ~"den Corporate Seal Affixed (SEAI) ` Attest S/ Patricia A. Sllf~3 _(SEAtJ ~ 42.75 ecre ary- reasurer ; ~ - ) State Revenut (SEAL) z ~ - 28 500~00 S NOJV. THtREFORE, the MORTGAGOR for tht pur.~ose of securing payme~t of sa~d sum of S ~ and the performence oi tht ~ cavenants and agreements he+eenafrer erp~essed. and for d~vers good and valuab'e tons~deranons, by these p~esems, dces g~ant, bargain, sell, rem~se, ` •r:ease, convey and confirm unto the MQRTGAGEE, its successors and assigns, ail that ce~tain ~ot, piece w parcel of land, sit~ate, ly~ng, and be~ng in the ? :oun of $t . Luc ie ~Y end State of F?orida, descr~bed a: foilows: ~ = Lot 11, Block 12, SURFSIDE, LAVI? TWO, according ta the plat thezeof recozded in Plat Book 11, Page 8, Public Records, St. Lucie County, Florida./ ,~q _ .1 :yY } ~ C,. l' t 1~, r~/~~[1" VF ?.~.Xt1 J [ . : . t.: :t;Tt ~ iE ~'E;>.~•,=.1 : ic' 'r. _ W S I ! r.:- L_ l~ Z ! : ~ ` • - . ; T r:.~ 't". . . 4'., . s; _ : , j. i'~ i .l,_:;_._..+.,, U F.. ~i~l.~~i , _ J ? ~r. 12 _~r`T~~ t ' _ . r - ' ~ ~ . . P , ~ ~ ~ ~ ° = j 4 2 7 5 - , „ . , , _ ; " P.8_~voi~z~ `~l^. _ ~ :f - ~ogether w~rh •11 end s~~sguler rhe tenemenu, hered,ramenrs and sppurtances thereunto betong~ng or in anyw~se apperta~ninq ihereto, and ell rents, issuei, _ G~aeeds and profirs accr~~rg and ta accrue from aa~d prem~ses, ail of which sre ~nclvdcd in the above and forego~~g description a~d habendum. ~ TO HAVE AND Tp HOI~ tht •bove descr~bed and granted prem~ses unto the s~id A10RiGAGEE, i~s auccessors and ata~yns forever. And tM faid MORTvA~,p R fw --1~-`i------- he~n, executors, adm~n~s'rators and ass~gns, hereby covenams with fF+e sa~d ISAORiGAGEE, it~ wccessors er>d astig+u, _ +h~t -----ls----- iawF~lty sei:ed of ihe ia~d prem:xs in fee •impie; fh~t the same •~e free, de~r arsd diuharqed from all iiens ~nd ~ncum. i brances in law or in equity, snd that lt _ w~ll and lt5 _ he;rs ~haU warrant and defe~d the title to the s~me to tha uid MORTGAGEE, iti i~ccessors and ass~gns, forever against she fawful ciaim~ and demands of ai! perions; PROVIDED, AlwAYS that if the MORTGAGOR ahalf pay unto ~he MORTGAGEE the p~om~ssay note here~nbefore descr~6ed and shall truly, promptly and fuily perform, d~scF~arge. t:KUtt, complete. tomply with and ab~de by tath •~d every the st~puletians, agreemenb, condrtions and tovenanis of s~~d prom,sswy note snd of this Mortgege. then thi• Mortgage and the Esrate he+eby creatrd shall cease and be null and vo~d. IT IS UNDERSTOpD that the word "'Mo~tgsgw" whether in the s~nguier or plvral snywhere in th;s Mortgage, shall be a~nqu~~r if one only and ' shal! be plural pinfly and sever~lly if mwe thsn one, and that the word "~he~r" as uscd anywixre in th~s Mortgege •haii be raken to mean "Ms," "hers," ` er "its." wherever the cvntex~ w impl~~s or adm~ts_ Alw, that wherever there is a referonce i~ th~ covenants and ag~eementi here~n contained to any of ~he parties herdo, the same shall be construed to me~n a~ well a• +he heir~, legal r~p,esentstives, s~cceue~s a~d ass~gns (either volu~~a:y by aU of th~ _ parties or ~nwo~un~ary by oper~fwn of the ~aw) ol the same and rhat the co~enar.fs hertin cont~~ncd shall b~nd snd rhe benefit~ and adv~ntayes inur• - ro the respect~ve heirs, leg~l representat~res, s~cceswrs and ass gns of the parr~~f herere. ~ And said Mortg~yers. for rhemselves and the~r heirs, legal represe~ranvet, s~ccessaa and ass~gns, he~eby ~o~roly and uverslly covena~t •nd ~gree ~o and with the f~~d MORTGAGEE, ~~s s~ccessors •nd ass~yns: _ 1. To pay slt and f~ng~tar tht pr~ncipat snd inrerest and the var,o~s snd sundry wrrs of money pey~b!e by v~rt~e ot sa~d prom~ssory note, and this mwtyaye, e~ch •nd ~very, prompHy en fhe days retpectively the same seve~alty bccome due. 2. To pay •!1 and f~ngular the taxes, asussme~ts. Ievies, li~bihtles. obGgat~om •nd encum.brances of every na~ure and kind now o~ sa~d deuribed : property, o~ ~hN hereafte? msy be ;mpo~, s~ffered, pS~ced, tevied, or •asesaed thereon, w that hereafrer mey be lewed a as~essrd vpon ~his Matq- ip~, a tFr indebt~dness secured hereby, each and e~ery, when due a~d p~yabte. accord~ng to I~w, before rhey become del~nquent, •nd before •ny interest - a~reches w any penalty ~t in~~rr~d; AND INSOfAR AS ANY iHEREOF IS OF REtORD ~ME SAME SMAII BE PROMPTIY SASlSfIEO AVO 015CHARGEO Oi RfCORD AN~ TNf ORIGiNAL OFFlCIAI DOCUMENI tSUCH A5. iOR INSTANCE. TNE TAX RECEIPT OR THE SAiISFACTION DAPER OfFIC1AllY ENDORSEO OR CERTIFIED) SNAII 6E PIACfD IN THE MANDS OF SAID MORTGAGEE WITHIN TEN DAYS NiXT AFTER PAYMENT; and ~n rhr event that eny the~eof i! not pa~d. sat fiitd and d~schsrged sa d NtORT~',AGEE may sr any nme pay fhe same or •nr par: ~hereof w,~rhoc,r wa~+~~g o~ affr.r~ng eny op+~on, hen, equ~ty or _ ~~qht under pr by v+rtue of th~s mo~*gage •nd the fu~i a~novnt of tach aed every s~th par~re~~ she~~ tx ~mmed:ate~y d~e end pay~b~e ana shall bear mtere3t _ ~~om tht date therto! untii pa:d a~ rare of n nt pe~ cent„m anr.~m and eoge+her ,n,.t~ s..cb ~rMerA ~ ht sec~re r e ~~en of th s morfl~~9~ - d00X1~ FaCE ~ ~ _