HomeMy WebLinkAbout2614 218~3'7
THIS INDENTURE. Mad~ th~ 29th day of ~tpber ~ A.D. 19 71 between
Wa~,po snctru~iinn Cn~~,r,A Flnricia C'nrTra.~inn
of St • ~.LiCle County Florida, hereinaft~r desgnared as the "MORTGAGOR.'" and FIRST FEDERAt SAVINGS ANa IOAN
ASSOCIATION OF fORT PIERCf, • corpoe~t~on wpani:cd and exiitiry under ihe Iaws of tMe Un~ted Statas of America snd havir~ its principal place of
bui~neu in tM City of fat PiKC~, St. luci~ County. Flaida, herainafter des~ynatad as tl+s "MORTGAGEE:'
WHEQEAS tF+~ MORTL'iAGOR is juftiy indebted to tM MORiGAGEE in ths sum of iC_~7~~~ good and lawful mo~ey Of the Un~ted
S~ates adwnced by the MORiGAGEE unto ?he MORTGAGOR, ss evidenced by a cer~a~n promissory note of even datn c~rew~th, of v.h:ch the toilow~ry in
.~ords and fi9ures i~ a trw :opy, to-wit:
s_20,700.00 No 3-17,559
Fort Pierce, Flwida, ~tober ZQ,~ 19~_
For va!ue received, I, we a either of us, prom~se to pay, w~ihout defalcation, to the ordrr of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF
~JRT PIERCE at Fort Pierce, Fiorids, the sum of S 20~7~'~ w:~h ~nte~est from date at the ~ate of _ 7_t7~6 per annum, in momhly instal!-
• rnn as fol!ows: S 17O•~- ~ the iSt day of February ~9__72 and a iiAe sum on the correspond:ng day of each month there-
i'~er unti! ~he• whole be fully paid.
Each instailment first shall be appl~rd in payment of rhe interest and ti,en on the unpa:d balance uf the pr~~c pal sum. If d ault is made in the
,,;~nent of any insrallmeN when due, and such defauh continues 30 days, then at ~he opt~on of the ho:der, and wirho~~ any o~her notrce, aIl the remain~ng i
' ,,ratlments shail be u'ue and payable at axe. Privilege is given to prepay this note in whola o+ in pan at any t~me without penatty. Neither forebearance, ~
i
; o~ acceptance by the hotder thereof afttr any default in any paymer.ts hcrcon, sha(I be deemed exrens~on A late payment chaige af 5--8~--~ , shall be t
~_-ded to each instalimem remaining unpa~d 7 days after its due date, and a hke sum shail t~e addrd ~o each such instaUme~t ~emain~ng unpaid 7 days after 1
each succeeding payment date.
Each maker, wrety and endoner hereof, jo~nNy and severally, wa~ves demand. presentment piotest and nonce af protest for nonpayment, and further :
a~rees to any e:tens~on of time of payment, either before or aite~ marunty, wirhout no~~ce ~o a~y of us; and to pay all cests of cotlection, indud:ny e ;
.,sonable anor~ey"s fee in the eveN of eny default hereunder, and he~eby seve-ally waives aIl benef~t of homes~zad and eae~~p~ion under the tonstirution i
, d laws of each State oi the United Statea, as aga~nst this obGgation or any eatens~o~ or renewal hereof.
w~mess rhe h+~d and se+l of ~~~h pa.rr. WAYNE CONSTRUCTION COMPAA7Y
- By.:s/Wavne U. Sines, *r_, PZeSi~en~EAl)
Corporate Seal Affixed , (SEAI)
Attest:s/PatriciT A. Sinesi Secret~rv- ~n;~
~ Treasurer (SEAL)
' 31. OS ) Stste Revenue ~ ~ "
- NO'~N. THEREFORE, the MORTGAGOR for the purposr of secur~ng p~yment of ssid sum, of s 2O~ 7~ and the performance of th~
~ covenants ~nd agreements hertinafter expressed, and fw divers 9ood and valuable considerations, by theae pleu~ts, does grant, baryain, sell, rem~se,
re;eese, convey and confirm unro the MORTGAGEE, iri succeswrs and •ssigns, a11 tha~ certein lot, piece or parcd of land, situa?e, lyi~g, and bei~y in the
~ County of St . L.ue ie and State of Florida, dewibed ~s follows: 3
~ ;
Lot 4 of D. D. A. Subdivision as recorded in Plat Book 15, page 23 of the Public ?
: records of St. Lucie County, Florida,
i
~
_2
va ~ 1 f l ! C ~ f- ~ L~ ~ J+ r* i ~ v : • c:,.'~.~:1 ;z `~+.Y:S
t> ~j~r ' f " 1 ~3 , . . ..1L E41Y.
~ Z - _ P 4~~ , ! . ' . , 1 ,i•,.
• ~ ~ = N~~-~~,~ ~~_°,'~31 0~= ~ ;
F" O • • `~-1~~ ~ _ h ~ t r : . ~ . _ .
_ N ,~;r.~t P.:yEr.b:~ - A`~i ~ . . t~'~ ~~_.i.
= P9.~9o~~~ ' .
. ,^j f3X .R~~~e;i":
- Br 's. ~ ~ Ct - -
- - LfPUiY CLEfiK
!ogether w~?h sll and si~gu!+r the tenen+ent~, hercd~taments and sppuruncef thereunto belonging w in ~nywise appenaininy thereto, •nd •II ~entt, iuws.
- ~.«eed~ snd prollts accruinq and to ~ccrue from said premixs, all of which are included i~ the ~bovt ~nd foreQany dtuription and habendum.
'_-~`s. TO HAVE AND TO HOID the ~bove desa~bed and 9ranted p~em~ses unro the aaid MORTGAGEE, its svccessors and aisi9ns for~ver. And th~ said
MORTGAGOR for 1 t 5 he;r~, eaec~fon, administratorf a~d ass~ ns, hereb covenants with the said MORiGAGEE, rts siKCasws ~nd ~u' M,
4 Y ~
s~ !nat ---lt-1S---- lawiully se~:ed of the s+~d prem~ses in fee •~mple; ~hat tM ume •re free, dear and d~uhsrped from ~tl liens ~nd ~ncum-
: orsnces in I~w er in equity, and that_ lt w;ll •nd lt 5 _ ~~~s s}u~~ ~,,,i~~~nt and deFend the title to tht am~ to tht s~id
MORiGAGEE, its successors ~nd ass~gns, Forever +yainst the lawful Uaima and demands of all penons;
= RROVIDfO, AIWAYS that if the MORTGAGOR shall p~y unto tF:e MORTGAGEE fhe promis~o~y note htreinbefw• deu~ib~d •nd sMll truty, prompNy
" ~nd fully perfwm, d~uF?u9a execute, compku, comply w~rh and sb~de by each snd every the ~riputarions, agreeme~ts, cond~~ions and coven~nb of sa~d
~ prom~ssory not~ and of tAis Mortgaye, then this Matgsge a~d the Estate hereby aeated shall cease •nd be ~ull and void.
IT IS UNpERSTOOD that the wwd '"Mong~gor'~ whether in 1he singuEar a plursf anywFxre in thi~ Mortg~e, shall be sinqul~i if one only ~nd
_ ~hall b~ plual jointly and s~ver~lfy if mwe tMn one, snd rhat the word "tne~r" as used •nywlx~e i~ th~a Mortflagt shall be taken to mean "his:, ..htn...
- w'"its," wherever the context w impiies w admiti. Also, th~t whe~ever fhere is • reference in +he covenants •nd ayreemenfs herein cont~ined 10 •ny of
- rhe parties herero, fhe same tMII b~ construed to mean ~s well as the he~rs, leyal r~p~eunNtives, wccessors •nd sssi9ns (either volunt~ry by ~ct of tM
parties w involum~ry by operation oF the law) of the same and thar rhe covenants herein co~tafned iMtl bind •nd the btnef~ts and adwntafles inun
- ~o the retpective heiri, Ip+l repreuntatives, svccessws and au~gr.s of the parries hereto.
= And said Moregaflon. (w themselves and their heirs. legal represeroatives, s~ccessa~ and •ss~gns, hereby jointly and severaily coven~nt and s9rre
" ro a~d wi~h ttx said 1NORTGAGfE. irs successws and assig~s:
l. To pay dl and tinyul~r the principal snd interest and the various •~d sundry wms of money payable by virtue of said prom~ssary nofe, •~d this
mortyaqe, each arsd ~very, promptly on the d~ys resped~vely tFK same sev~r~tly become due.
2. To pay all •nd sinyul~r the ts,~es, ~ssessmen», Ievies, ti~biliries, obl~y~tans and encumbr~nces of every nature •nd k~nd now o~ said deuribed
p~operty, w that M+caft~r m~y be imposed, wffe~ed, pl~ted, levied, a•sse~sed thercon, or that hereafter msy be levied w aauss~d upon this Morty-
- sgt, or tF+~ indsbrodneu sec~red hereby, e~ch ~r+d eve.Y. when due •nd paysble, xcord~ng to law, before they becane dsl~nquent, and befwt a~y interea~
' a~raches w sny penalty is inc~~red; AND INSOfAR AS ANV TMEREOF IS OF RECORD THE SAME SHAII BE PROMPTLY SATiSF1ED AND DISCHARGfD OF
RECORD AMD iHE ORIGIP:AL OFFICIAI DOCUMENT (SUCH A5. FOR INS~ANCE, THE TAX RECEIPi OR THE SAiI$fACT10N PAPER OFfICIAItY ENOORSEU
~ OR CERTI~IED) SHA~I BE PLACED !N THE HANDS OF SAID MORTGAGEf WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the eve~t that any thereof if no~
pa~e, set sf;~d and d~scharged sa d MORTGAGEE may at an•~ nme p~y rhe same w•ny pert thereof w~rhovt waw~ng or a(fec~~rg any option, lien, equny or
•~ahr under o+ by vfrtue of rhis mo~+gage and ~he ful{ amoum of each and every such ayment she~l be fmmedurely d~e and pay~ble and thall bear interest
cm the dare ~hereof unril d~r rare of n~ne pe~ ce~t~m er ann~m •nd r ether esr shar~* by the lien of th:s morfltaQ~.
- j. P ~ ~G~K l~~ ~'.'CE~.U1~