HomeMy WebLinkAbout2608 218;~3~~ t .
TMIS IN~ENTURE. Made iha- 26th _ day of ~t0~6r _ A D. 19_ 71~ br~wecn
W~rne Construction Caaoa~, • ~orida Cor~oration _
,
ef St..i~1~1r~4-__-_, County Fb~~ds, hert~nalter desgnare~ as the `MpRTGAGOR " and iiRSt FEDERAL SnVt\GS AND IOaN
AS50CIA1ION Of FORT PIERCE, a corpaauon organ~zed and ex~i~~~9 unde~ the lawa oi the Un.ted Statos of Arntr~u a~d havin~ its prinupal pl+ce of
bus~ne» in th~ City oi Fwf P1wrc~, St. luc~e County, Florida, here~~afte~ des~gnarod es tM "'MORIGAGEE."
VYHEREAS the MOQTGAGOR is iustiy indebted to the MORTGAGEE in the:um of j__L~jL~.iSX~____._, 9ood a~d Ia..Ful mcney of 1he Un:re~
Sf~tes ad.anced by the MJR?GAGEE ~nro rhe ,1M1ORTGAGOR, es ev~der.crd by a cena;n prom~a:ory note of e~en ciate herrN~~h, of wh:ch the fuliow~ng in i
~,o~ds a.~d 1~gurci ~s a ~rw copy, to-wlt: ~
s.25 . t o0.00 No 3-17, 5b8
Fort P~erce. Flor~da, ~tO~r 26 19~
Fw value received, 1, we or e~'hrr of us, prom,se to pay, w~ihout defa'caf~on, fo ~he orde. of FtFST fEDtRAI SAVIttiGS A1~D IOAN ASSOCIATION OF
~JRi PIERCE at 'ort Pierce, fio~ida, the sum of _~l~l~t~ .~~th ~Me~rit trem date a+ :he rare of 1!1~°o per anr,um, in mo:~thly instat!-
~~rs as fo':ows: S- .20! on the s;'- day or __FebruarT .,9_ 72-_ and a fke su n on tF~e co~respand ng day of each month there- ~
, ,,;,t~t thr v.t~:e be fully ':a~d.
Each ~nstai~ment f1rs~ sha~l be app'~rd in peyment of th~ in!erest and then on !he urf~a d ha'an,e of the princ pa: avm. li d auh is made in ihe
nenr of any ~mra':ment when due, and such drfav!t cennnues 30 days, then at the o~~+:~~ of the hader. ard w,th~..e any other r+oh:.r, all tt~e remain;ng ~
,ra!'.mems shail be d,,e and payab:e at once. Prrv~tr~e ~s g~vrn to prepay thi~ note ~n .hhoie or in pa~t at any t~me wnhcut ;~enaity. Nerther 'orecbrarante, ~
' ":~r eccepTance by the ho:der ihereof after any ~efault in any ~~ayments herroo, shatt tx de~em~~d ea•ens~on A fate pa~mem cherge oi S- - ~ ~!~7 shalS be
ird +o each insiai mem rema~n:ng unpa:d 7 days atter irs d„e date, and a!~.e sum sna!i ;,e addrd ro each s.,ch ~nsia,imrnt remain~ng un{~a~d 7 days afezr
• e.~,h succero~ng payment dare.
Each mai.et, surety e~d tndorser hr+rof, ~a~v'ry and severaily, KdiVPS deTand. presenf,nent prottst and nohce o! protest for nonpayment, and f~Hher
a-ees to any eatens~on of t~~ne of puy:nem, e~Tnzr txfore or atter mat~rrty. v.r.rout nO•:C~ +o ~~y of us; and to pay alf cos~s of co'irctiun, ind~d.ng a
,sa~aL:e aT+orney s fee ~n the event of any deiou ~ hereunder, and hereby sevr~a:iy wa~ves a!! bene~~t of ho:nrs~rad and exe~~pti.xi cndrr the constitution
i ews ef each Sta!e of the Unired Statrs. ~s aga~nst this ob~.gat~~n or any extens~on or renev.at heieof
K'rtness the hand ard seai of each party. ~NSTRUCTION C~IPAAR
By: a/ ~yne Q. Sinea, dr., Preaident ~sE,,~~
CORPORATT SEAL AFFIXgD . (SEAU
Attest: a/ Patricia A. Sinea, Secretat~- ~n~~
3T 65 ?reasurer (SEAI)
- ~ . ) srere aeven~e s
c
: 4er++pr ew~e~eMe~-e~r u~lyk+s!-~+ore1
2 ~~0•00 ~
N01V, THEREfORE, the MORTGAGOR for the purpose of :ecu~ing peyment of sa~d wm of s_ end the perfotma~xe of the
~ :evenents a~d agreemenrs here~~aiter eapressed. and tor d~vers good and vaiuabfe cons~derat~o~s, by these presents, does gra~t, ba~gain, se!I. re~~se,
x •r ease, mn.•ey and conf~rm unto the MORTGAGEE, ~ts succeawrs and ass~g~s. ati that cerTa~n tot, piece or parce~ of land, situatt, lyi~g, and being in the
~a~nry of - ~C~e and Ssate of Flonda, descr~bed •a follows:
i
. ~
1:
= Lot 1, D. D. A. SiTBDIVISION, as per plat thereof on : ile
; 1
` in P1at Book 15, Page 23, of the Pnblic Records of St .
Lucie County, Florida ~
}
~
' _ - : r- v ~R•"r:tif -~f T~1X~
: ~ ~ !
= L ~ ~ r-t 1 U d~K: A ~ t ?'.;~~~E f 'S: '.;i ~ "r?JFER iV, i
~ ~ , ~ : i X R 2C ' X. , 0 .3:1.
„ '':r:.AVi 1 !n'.G~ ~
~ . _ '
~ z . . = f`.~:4 Pf l,'e,~ C+r ui C~i.~t
~ ~ _ k~~-s 1 ~ _
~ = ~~~.i~f 3~ 6~= as A,~ert t i D;
~;"L N. K'~ ''~1! tS 1;~. ,
U _
- y -~~r a~ = ` ty iax Ge~~c~t~
i,~%-~"'-'-'~ ~L lu`.IE CM.1~
' ~~,I~Jila
I/ ' !L -
~ ' DtPUTY CLERK
f:; ?ogerher wr.h a~~ ~~d s~~9u!ar rhe teremer.ts. hcred~rame~ts and •ppurfsnces thcrcvmo belong~nq w in anywite •ppert~~Riny /F+ereto, and all ?entt, issuef,
oroceeds a~d prof+ts acu~,nq and to accr~e irom sa~d p~e~*+~se~. all of v~~~cfi ~re included in the above snd foreqo~ng deuription ~nd Fwbencium.
TO HAVE AND TO HOID the above descr;txd and gr~nicd p.em~us unto the said MORTGAGEE, ~ts i~cccssws ~nd asiiyns forever. And tM uid
'~+~ORTGACs(iR for ----~5 he~~s. e~etu~ws, admm~s~ratori :nd ssa~qns, hereby covenanrs wi~h the sa~d MO(iTGAGfE, its •ucussw~ ~nd •~si9ns,
- rh~~ -i'-~g----- layrf~!Iy u::cd of tRe as~d p.cm~us in fee s+mpfr, that the same are I~ee, drsr and d~xharyed from all liens ~nd encum~
brances ~n taw o~ in eq.:rtv, and that_.-~~__ wHi and _ itS he~n ahall wurant ~nd defend the fitle to the same to the aid
MURiGAGEE, ~rs succrssors and •ss:gns, forever sgeins~ the lawfui ctnma and demr,nds of •:f persor.s;
PROViDED, AILtiAVS th~t if th~ MQRIGAGOR thal! pay unto the MORTGAGEE the prom~ssay rwte hereinbefwe dexrfbed •nd sh~ll tru~y, prompNy ~
and fully perform, d scMrge, eaecure, cwnpkse. comply with •nd •b:de by each •nd every ~he st~p~~+t~ons, agreementt, tond~t~onf and covenents of sa~d
~ promaso.y no~e and of th~s Mor~gaga then th~s Mortgage and ~he Esfate hr.eby ucated s~+aU cease and be nvtl and vo~d.
- I1 IS UNDERSTOOp that the wwd "Mongagor" whether in the s:~+gutar w plurat ~nywhere in th~s Mwtgaye, s~:alt be s~ngul~r if o~e anly and
shall Fx p!~r~l yo~mly and sever~i~y if mor~ than orte, snd that the `?o~d "inen" as used •nywhere in th~s Mwtfl~ge •MII be taken to n~ea~ "hif," "hers." ~
or "its," ..hc~ever the conte~cr so ~mpl~es or adm~as. Afso, that whe~e.cr there ~s a refverxe in the co~en~ms ~nd sflroem.cnts herein co~tained to •ny of t
: fn: part~es hereTO, the ame ih~ll be consfr„~d to mesn •s well ~he hecs, legal rtpresen41~ves, succeiiws •nd ast+9ns (erther volunury by ~ct of the
= par~,es o~ mva~r,*~ry by operat~n of ~he !a«1 of the iame and that ~he tovenaMf here~n conta.ned shall b~nd and ~he benef~rs and sdwntafl~s ieur•
- ~o the respectlve he~rs, ley~t repre~cnfc.iwes, successors and ass gns o4 the part~es hereto.
And se~d Matgsgors. fw +he~:se~ves and ~he~r he~rs, fegal reprosemar~~es. ?~ccessors and •~s~9ns, ?+e.eby jo~m~y anC severa(iy ~pvln~M •nd agree
~ to and wi~h the u~d MORTGAGEE. ~•s s~cuiwrs and ess~gns:
~ t. To pay •~i and ung~l+r thc pnrt~p~t and ~merest and tFu var~o~s and su~dry svms of money paysble by v~~rue of sa~d p~om:asory r~ote, ~nd th~s
- rwrt4~pe, e~ch •nd every, prom~~iy on th~ deys respecr~ve~y the sune uveraily become d~e.
=s~ 2, io psy •fl ~nd s~~u~a~ the t~aes, assessmenq, lev~es, I~ab,~~t~es, obl~yar~ons and encumbrances of evKy na~ure •nd kind now on t~~d deuribcd
prop~rty, or th~~ herea+rer may be ~mposed, tuffered, placed, lev~ed, o~ •ssessed thereon, o~ 1Ms hsreafi~r may be lev~ed or ~ausud ~pon this Mwtp-
sye, a ~he indebtedness uc~red hereb~, eacA and eve•v. w~~ due and par+b~e, ~ccord~ng ro I~w, befwe rhey becw*~e delinqvent, ~nd before ~ny imerest
- anstnes c~ any pe~sify is ~~cv*~ed: AND INSOfAR AS ANY TMEREOF ~S OF RKORD THE SAME SNAIt 6E PRGMPTLV SATISFIED A'v0 D~SCNARGED Oi
~ RECORD AND TNE ORIG~NAL OFfICIA~ ppCUMENT :SUCM A5. FOR INSTANCE THE TAX RECE~PT OR THE SATISFACTION PAPER OFHCIAILV ENDORSED
UR CERTtftEDi SHAU BE PLACEO tN THE HANDS OF SAlD MORTGAGEE K'ITHIN TEN OArS NcXT AFiER PAVME^(~1; and the evenf ihat any rhe~eof n no~
= pa,d tia' sf~ed and dac~+s~qed sa d MOR'GAG[E mar at a~~ r•me psy rhe sa~ne or any pan ihereaf v`.rhou~ wa~.~ng or affecT+ng any op!~on, I~en, equ~ty or
~~pht u~~de~ o~ by v~~tve oF th~s T•o•+gage a~d the ar.~av~+ oF each snd e.e~y fu<n paysr.eM shsfl be ~mmZC.at~iy due •~x! p~yable •nd shal) be~r ~nteref~
~.om rne dare +hereo~ um~i pa d a+ ~a~e o! ~ ~e pr Ctr!~m pe* a~~~m a~d coge~r,er w~ A~c7~ ~ ~t+ sh y~c~e~br the i~en of eh s mergraye
8~~~ 1~V F'~ U