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Home My WebLink About1685 2;~i~19 THIS INDENTURE, M~dt the 4th day of January , A.D. 19 72 betw~en Ke 1 lv Construction Companv, a Florida Corporation o~ St. Lucie C~nry Flwid~: hereinaft~r deignaied ai the "MORTGAGOR," and fIRST FEDERA~ $AVINGS AND IOAN ~ ASSOCIATION OF fORT PIERCE, • corpwatia? aganized ~nd rxi~ting unde~ fhe Isws of the Unlted Sta~as of Ame~ic~ •nd Mviry in prinupal ptsce of buiin~u i~ th~ City of Fwt Piau, St. tucie Counry, florida, l~ereinafte? des;qnarad ss tFN "MORiGAGEE:' WHEREAS ths MORTGAGOR is ustl ~ndebfed to th~ MORTGAGEE in the sum of 29 ~ 5~ ~ 1 Y~ t , ga~d and lawful munsy of the Un.ted j States advarxed by ~ha A10R1GAGEE un?o the MORTGAGOR, as evidenced by s ce~ta~n p~om~uay note of even dste i.~rew~th, of wh~ch ~he fo~lowing in ~ words and figures is a trw copY. towit: ~29,500.00 ~ 3-17,786 ' fort Pierce. Flaida, J~+nua ry 4, 19 72 ~ Fo~ value received, 1, we w either of us, prom~se to pay, without defalcation, to the o:dei of FIRST FEOERAL SAVINGS AND IOAN ASSOCIATIbN Of " FORT PIERCE al Fqt Picrte, Florida, the sum of S29 t 5~~~ with intereat from date at the tate of ?~?~o pe+ annum, in monthly install- :-~rn~s as follows: ir~3 on the 1 St day of , lq 72, and a like sum on the correspond~ng day of each month therr afrer until ~F~e whole be fuily paid. ~1 , Eech installment fir:t shall be applied in paym~nl of 1he inteiest and then on the unpaid ba~aoce of the prinupal sum. If d ault is made in the p~;meM of sny installment when due, and such deFault co~tin~es 30 days, then at the option of the holder, and without any other notice, all the ~emaining ~ ~~srallmems shafl be due and payable at onca. Privilege is given to propay this noie in whole w in part at any t~me withovt penslty. Neitl~es fweb~arance, ~ r.o. acceptsnce by the holder thereof after any default in any payments hereon, sha!! be dcemed extension. A late payment charge of s 11 ~ 15, ahall be addsd to each installment remaining unpa~d 7 days after its due date, a~d a like sum ahall be added to each such installment remaining unpaid 7 days after ~ each succeeding payment date. ~ Each maker, surety and endorser hereof, joinrly and severat:y, wa~ves demand, presentment protest and rtotice of protest foi nonpayment, ~nd funher \ a~rees ro any extension of time of payment, either before or after maturity, without notice to any of us; and to pay all costs of collection, includ:ny a ~ reasonable attorney's fee in the event of any default hereunder, and hereby severally wa~ves all benefiS of homestead and exemption under the ca~atitutan ~:~d Iaws of each State of ~ht United Stares, as aga;rul this obligation or any exte~sian or renewal he~eof, w~mess the hand and seal of each party. Kfi11.Y CONSTRUCTION CQrIE~ANY Bys s/Kelly Hall, President ~A~~ Corporate Seal Affixed ts~Au . - rs~~u ~ $44.25 ~ stare Revsnue ~U NOW, THEREFORE, the MORTGAGOR for the purpou of securing p~yment of said sum of f 29~5~•~ ~nd the pe?fwmarxe of ths covensnts and ~reements hereinaftcr ezpressed. and fw d~vers good and valwble considarations, by these presenta, does y~ant, baryain, se11, rem;se, release, cortvey and confirm vnto the MORTGAGEE, its iucceuws and ~uigns, alt that certain bt, piece w parcel of land, tituate, lying, and bein~ in tF+e County of $L • T.I1C~@ and State of flo?ida, de~cribed as follows: Lot 13, Block 2 of Orange Blossom Estates, Second Addition, Second Plat, as recorded in Plat Ba?ok 16, page 14 of the C'ublic Records of St. Lucie County, Florida, - w STATE oF FLORIDA ~ ? Z (30CUME`d7A ~~STAMP TA X ~ ' a = JAM-6'72 " _ F- ~ _ ; ' 4 4 2 5_ RfC:'IVFD j,~~ IN PAY4lEM OF tlU~ (A V ot?t.ur etrESUt ~ - DUE ON CIASS •C' ~KTAtfGtg~E PERSCV!IL PROPEAir, i pB. tl0112 r ~I;RSUAMi TO CIiAPTfR I1-13l, ACTS Qf I97I. ~ f.(k",cR POf IRAS, Cltrk Cirwit G~urt. St. luc:e ~c. :!a. ~ ~ together with dl and singular the tenementt, hereditamenh +nd appurances thereuMO belongirg w in ~nywise appehaining thereto, ~nd ~II r~nri, iss~es, p+oceeds and profits ~ccr~ing and to accrue from s~id premisei, all of which sre included in the sbov~ and fore~oirg de~uiption and haberxlum. TO HAVE AND TO HOlO th~ abow desuibed ar~ yranted prsm;ses unto the said MpRTGAGEE, its successors and asiprn forcva. Md tM said MORTGAGOR fw iti heira, eaecurors, edministrators and •uigru, hereby covenantf with ffie said MORTGAGEE, its sucteasws ~~d assipro, ~hat ---i~-~~------ lawfully aeized of the said premises in fee simple; tMt th~ aame are frte, cleu and dixhar~ed from aN liens sr~d ~ntunt brances in law w in equity, snd that i= will snd 'it S heirs shalt wsr~ant and def~nd tM titk b the sur» to th~ sald MORiGAGEE, its successors ~nd auiflns, for~ver against the I~wful claims and dem~nd~ of all persons; PROVIDED, AIWAYS that i} the MORTGAGOR shall pay unto ths MORTGAGEE 1M promiuory ~ot~ hereinbefo?e dsscribed u~d shall trvly, promptly and fully p~rfwm, diuM?g~, e~etvte, complete, comply with •nd ebide by each ~nd every the slipularioro, agreertKnn, conditions ~nd cov~nann of uid prom,ssory note and of tF~is Mortgape, then thii Mor~gage snd the Esrate hereby utated shall ceas~ ~nd bt nult ~nd wid. IT IS UNOERSTOOD 1F?~t the w«d "Mortyspor" wl+ether in the sinyular w plur~l ~nywhere in this Mort9age, thall b~ sin~ulu if on~ or?ly ~nd shall be plurd jointly ~~d Nverally if mae thsn one, and that tM wwd "their" as used anywhere in this N{ort9pe sh~(1 bt fsken to mean "his.'• ••Mrs.•• or "its," wherever the cont~xt w impl;es p admirs. Alw, that wFxrever there is a reference in the covenartb ~nd ayreemenb herein contained to any of tha partiei hereto, the s+me ahall be con~trued to mean as well the heirs, kyal rtpresentuivet, successon and +u~yns (cither wlu~tary by act of tF» parties w involunt~ry by operation of the law) of the iame and tMr the covenants hare+n co~tained iMl! bind and tM benefits snd adr~ntayes inur~ fo the respective heirs, leyal represents~ivK, succeuws and aft~yns o( ths parties hereto. And said Matyagort, iw themselv~s and their heirs. leqal r~presentatives. successws ~nd auigns, hereby jointly •nd seve~ally tovenam and ~qr~e to and with the said MORTGAGEE, it~ successws and assigns: • ~ 1. To pay all and sinflulu th~ principal ~nd interes~ and the wariovs and sundry sums of mo~ey payabfs by virtve of sa;d p?omisaory rwte, and this mwtyaye, each •nd every, promptly on the day~ respetlively tiw ssme sev~r~lly becom~ dw. 2. To p~y all and urgulsr the taxes, asseumenrs. lev~ei, li~bili~ies. oWgsrions and e~+cvmb~ances of ~very narwe •nd kind ~ow on s~id d~svibed prop~rry, o~ ~hat h~reafter may b~ impo~ed, suffered, placed, levied, or ~ss~ssed tlxr~on, or that hereafter m~y bs levied or assessed vpon tFHS MortQ- aps, or th~ ind~btedncu secvred hereby, e+ch ~nd ~very. when dus ~nd payable, accordinp to law, befw~ they becom~ delinQuent, and btfor~ any intat~~ at~eches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SNAII dE PROMPTLY SATISfIEO ANO 015CHARGE~ OF RECORD AND Tf1E ORtG1NAl OfFIC1Al nOCUMENT (SUCH AS, fOR INSTAMCE, THE TAX RECFIPT OR THE SATISfACTION P/1PER OFFICIAIIY ENDORSED OR CERIIf1ED) SHAII 8E PIACED IN THE HANOS Of $AID MORTGAGEE W~TNIN TEN DAYS NEXT AfTER PAYMEN~; and i~ the event that any thersof is not pa~d, ~at'sfied and dixh~r9ed sa:d MORiGAGEE may at any time pay the same a any part Ihereo~ without waivinp or affecriny a~y option, Iien, equity q ~~qht under or by virtw of this mortgaye a~d the full amoun! of each and every such payment shall be immediately dve and payable and shall bear interest ~.om the dare thereof ~ntil paid a~ rate oi nine per centum per annum and together w~th such i~terest a~~~ b~~l~~f~:s mwyta9e. 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