HomeMy WebLinkAbout2612 ~18236
THIS IN6ENTURE. Mad~ the 29 th d~y or O~dtober _ A.D. 19~1, between
Wayne Construction Company, A Rlorida Corporation
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of St. Lueie County Flotida, hereinaftei designated as ihe "MORTGAGOR," and fIRST FEDERAt SAVINGS At~D IOAN
ASSOCIATION OF FORT PIERCE, a mrporation org~nizcd a~d ex~sting under the laws of the Un~ted Sta~as of America and hsvirg itt principa) pl~te oi
b~s~nest in the Ciry of Fat PiHC~, St. lucie Cou~ty, flo~ida, ixreinaiter des~gnated at 1M "MORTGAGEE:'
WHEREAS tM MORTGAGOR is justly indebted to 1M MORTGAGEE in the suni of S 2OL7~0~~ good and lewful money of the Un~ted
S~ates advanced by the MORTGAGEE unro the MORTGAGOR, ee evidenced by a cer~am promisswy no~e of even darr herewith, 01 wh:ch fhe (oUowing in
.,ords and figures is a tru~ copy, to-wi?:
s 2O~7pp~pp ~ 3-17,558
fort Pieres, ~lorida, ~tober .29~ ~9 71
Fw va!ue received, 1, we a either of us, prom~se to pay, w~thout defatcar~on, to the order of FIRST FEDERAI SAVIhGS AND IOAN ASSOCIATION OF
=ORT PIERCf at Fort Pierte, fiorida, the sum of S?~-1-7~~~ - w~th interest from date at the rote of7!75 'v per annum, in monthly install- t
~ents as foliows: j 170~~ on the lSt day of February ~972 and a i:ke sum on the cwrespo~d~ng day of each month there- ~
,rtet until the whole be fully paid. j
Each ~nstaltment iirat shall be applird in payment of the interest and ~hen on ~he unpa:d balance o4 the pr~nc pal sum. If d ault is made in the
;„mrnt of any installment when due, ar.d such deFault continues 30 days, then at rhe opt~on of the ho~de•, and without any other not~ce, all the remain~ng
~:sra!:ments shall be due and payab:e a1 ence. P~ivJege i~ given to prepay this note in whole or in part at any t~rne without penalty. Neither forebea~ance,
nor ecceptance by the holder thereof after any default in any payments hercon, shalt be deemed ex;ens~on. A tate payment charge of S8! shsll be
ied to each install.nent remain~ng unpa~d 7 days after its due date, and a I~ke sum ahall tx added ~o each such installment remain~ng unpaid 7 days after
e,ch succeed~nq payment date.
Each maker, surety and e~dorser hereof, join~ly and severally, wa~ves demand, preuntm~nr pro~est and norice of prorest for nonpayment, and further
~~~ees to any extension oF nme of payment, ei~her before or after mawriry, without not~ce ro any of us; and to pay a~l costs of cullection, includ:ny s
~sonebie artcrney's fee in the event oF any defevli here~nde~, and hereby severally waives a~~ benefit of homesread ano examption under the constituti~n
~ •-d Iaws of each Stare of the Un:ted Sre+es, as against this obl~gation or any earens~on or renewal hereof. ~
t WAYNE G~ONSTRL)Cf ION CaNPANY
; W~tness the hand and ual of each party.
; By:s/Wayne U. Sines, Jr., Preside~~~
. • (SEAt)
~ Corporate Seal Affixed ~ . Attest:s Patricia A. Sinea, Secretary~~~
z . • Treasurer
` $~1.05 _ tsF1+u
t ) State Revenve
~ NOW, THEREFORE, the MORTGAGOR for the purpose of seturirq payment of ~a~d sum of : 2O ~ 7~ and the pe?fon++snce of the
s covenanta and +greemcnts hereinaiter expressed, and fw divcrs good and valuable cons~de~at~ons, by these presents, doet pront, ba.yain, sell, remiae,
~ ~z;ease, convey and coni~rm unto the MORTGAGEE, its succeswrs and auigns, alt that certain iot, piece or parcel of land, situate, lying, and beir?p in the t
~ Counry of St. ~.L1C1@ snd State of Florida, dexribed ss foAows:
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Lat 2 of D. D. A. Subdivision, as recozded in Plat Book 15, page 23 of the Public
- Records of St. Lucie County, Florida,
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` RECfiN~(1 S- - IN PAYNENT Oi TAXES
L11 r~ 1 L~- i L_ i-1 1!) r~ DJE CH CUSS 'C' I'~
~ 4'~;;i3! E Pf ^~'.`:AL P'.~OPERTf,
_ ? ' c i..;• X PL'F.S::AXi ~0 CHl'.PI_R ~~721, ACiS GF 133i.
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~ ~ _ ~~~a - C~G:R ~l;"A~, CSerk Grcu~t Court
:r.l; -a~,i ,
~ ~~~=:'~3 1 0 5 as AEert t~t 0,11r~~t N. KtiOi'1LES, 1R.
_ N ~ ~.i:i Qf 's::i:if~ _
St Lu~ie L~ur.ty Tax Ceti~cter `
- P.S.~v~~~z =-e:~ -
~ . j;~i ,~~~2L1/
DEPUIY C1ERK
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~ogethar w~th all and aingular tM tenement~. Mred~rame~ts and appurtances thereunto belon9in~ a in •nywise ~pperfainirg thereto. ~nd all ~~nn, iuuM.
= proceeds •nd prof~ts aaru~ng and to xcrus from s~id premises, •II of wh~ch ere included in the ebove a~d faeQoinp d~scriptan ~nd habsnd~•m•
TO NAVE AND TO HOLD the above descnbed and grantcd prem~ses uroo tM aid MORTGAGEE, its iuccessors ~nd ~ssi9nt foreve~. And tir ~aid
- MORiGAGOR ioi ---lt S---- ~~~s, executon, adminifTr~torf and ass~g~s, hereby covenant~ with the ssid MORTGAGEE, its succ~swri ~nd wipru,
~hat tawfully u~:ed of th~ ~aid prem~sos in fee •imple: tMt tF+~ sams ~re f~ee, ckar ~nd d~xharyed from all tiern and N+cu~
hrances ~n i+w o~ in equiry, and that lt will and lt5 _ he;rs ~Aall w~~rant ~~d dtfend the titl~ fo tM same to tht u~d
- MORTGAGEE, irs successws snd auiF~• fwever ~gainst the Iswful cla~ms and dema~ds of •11 persass;
> ~ROWDED, Al1NAYS that if the MORTGAGOR sMll pay ~nto ehe MORTGAGEE the promissory note her~inbefor~ described ~nd thall truly, prompNy
and f~l~y perio~m, d,xMrye, execute, complete, comply w~th and ab~de by each and every the •ripul+tions, aprc~ments, cwsdirions and covsnanri of ud
prom~siwy note and o( fhia Mortyaye, rhen thi~ AAat9age and the Estate 't,ereby created shall c~ase and bt null and void.
' IT IS UNOERSTOOD that the wad •.Mwtflaya•• whether in the sinyular or plursl anywhe« in this MwtQsy~. ~half be sinyula~ ii one only ~++d
sh~ll be plural jointly ~nd severally if more tMn one, and that the word '"their" es used ~n~rwher~ in th~s Mortyaye sM~l be laken to mtan "his;' "her~," i
or "~rs,° wherever the conre~t w impl~es or ~dmit~. Alw, th~t wherever there is + refercnce in the covenam~ and syrecmenb hcrein con+ained to ~ny of
rhe p~rties he~eto, the ~+m~ shall b~ con~+r~ed to mean as well as the he~~s, leysl r~presentatives, successaa a~ ~ss~yns (EitI1N volunt~ry by M oi tM
- pan~es o~ i~volunNry by ope~~tion of the Isw) o} the s~me and that the covenants here~n containtd shall bind and the benefin ~nd ~dvantaq~s inur~
+o ~he respective he~rs, ley~l rspresenrat~ves, successw: and •is~qns of the part~es hercro.
- And said Morfyagors, for themsetves and their he~rs, legal represent~tives, •vccessors ~nd •isiy~s, hereby jointly and ~er~rally cov~n~nt •nd yree
~o and w~+h the said MORTGAGEE, ~~i ~ucceswrs and asuyns:
1. 1o pay ~11 and s~nyulu thc p~~~upal and imerest ~nd the va~~ous and •undry sums of money pay~ble by virtue of sa~d prom~sso?y ~ote, and thls
mwtfla9e. ~ath and-~v~ry, p+omptty on th~ d~ys respect~vely tF~e ~~me uwralfy becorn~ due.
2. To pay +11 •nd s~nqul+r ti» ts:es, asuuments, levies, liabiliries, obl~~tSons and encumbrsnces of every nature +nd kind now a+ ssid dtscribed
property, w th~t hereaher may be imposed, wffered. Pl~ced, levied. a assessed rF+ereon, p that hereafta may b~ levied w assased upon this Mort¢
_ i; ~e, w the irrdebtedneu secured hereby. ~ach ~nd tvtryr. when due ~nd payable, ascwdinp ro I~w, before they becorne de{inquent, ~nd b~for~ ~ny int~re~t
_:a sttaches w any penahY is incurred; AND INSOFAR AS AN~ ~MEREOf IS OF RECORD THE SAME SHAU DE ?ROMDTIY SATtSfIfD AtVD DISCHARGEO OF
RECORD ANO TilE ORIGIhAI OFffC1At DOCUMfNT ISUCH AS. ~OR INSTANCE. THE TAX RECEIPT OR THE SA1t5fACT10N PA~ER OFFICIALtY ENDORSED
OR CERTtfIED) SNAtI sE PLACED IN iHE MANDS OF SAID MORTGAGEE WITNIi~E TEN DAYS NEXT AFTER VAYMENT; and m the evero that •ny theraof if not
= pa~d. sa+ s}~ed and d~scharged sa.d MORTGAGEE may •r any nme pay the same w any p~rt thereof without wa~wny w affectinq •ny option, lien, eqvity or i
•.ah! unde~ or by v~~tue of this mortgage and the fuli amovnt of teth and every such payment shall be immedute~y d~e and p~yable •nd ahall bear intNeft
~~om rhe d~~e thereof unti! pa~d ar rare of nme pe• cenr~m per ann~m and ~c+gerher wnU sR h~~~eresr shall be sew~ed by the lien of th:t morptaye.
=3 a~uA 196 F~ACE26U$ -