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THIS INDENTURE. Msd~ the `'th day of .13nuaTS' , A.D. 19 7z berween
Kelly Constr~ction Co•n~,any, a Florida Cor~oration
,
Q( SL . 1.UC lk.' C~nty F:a~da, hs~einafter deig~ated as Me "MORTGAGOR," snd FlRST FEDERAt SAVINGS AND IOAN ~
ASSOCIATION OF FORT PIERCE, a co~poration agsnized and ex~a~~n9 v~der tM lawt of Ihs Un~ted S~afos of America and having iti principal pl~ce of
busin~q in ~M City of fort Piac~, St_ lucie County, ftwid~, hereinafre~ desi~nated at fM "MORIGAGfE."
WHERFAS ~ht MORTGAGOR is jwdy indebted ro the MORTGAGEE in the sum of 5-22 ~~U~• UD good and lawful money of thc Un:ted ;
S~atet advanced by the MORTGAGEE uMO the MORIGAGOR, ai e~~drncrd by a ce~lam promisswy note ol e,ren dar~ he~ewith, of wh~th the followinq in f
~ords a~d figu.es ii • true copy, ~owrt: ~
s =2sf300.00 ~ 3-17,7~i8 ,
` Januarv ~1~, 1972 ~
fo?t Pierca, Flaida,
For value received, 1, we w rithe~ of us, promise to pay, withouf defalcation, to the order of FIRST fEDERAI 'aNVINGS AND IOAN ASSOCIATION OF
. fORT PIERCE at Fort Pierce, Ftorida, the ium of s 22 ~V~ ~J ~7 ? ~
~ with interes~ fram date at the rate oY! 5°n per annum, in monthly instell- ;
. ~-~ems aa follows: S 173• u`) on the~yt day of 1q_ 72 _ ~~d a tike sum ar the corrcspon~~ng day of each month there-
• after until the whole be fully paid.
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- Each instaltment first ~hai1 be appt+ed in paymen? of rhe interest and then on the unpa~d balance of the pr~nc~pal sum. If d ault is made in the £
~ E jr~nent of any i~stallmen~ when due, and such oefault coroinues 30 days, then at the option of ~he ho:der, and w~~hou? any other not~ce, al1 thc remain~ng ~
~ .ns~allments shail be due and payable at once. P~ivitege is given to prepay thia note in whote w in part at any Nme without penalty. Ne+ther fwebea~ancr,
nor acceptance by tFet holde? thereof after any default in any payments hereon, s!+a11 bc deemed exrension. A lafe payment cha~ge of S_ 6 5_, ahall be
~~i~ed to each instaVlment remain~ng unpa~d 7 days after its due date, and a Iike sum shall be addrd to each s~ch insra~lment remalning unpaid 7 days after
~ each lutteeding payrr;ent da1~.
Each maker, aurety and endor:er lxreof, joinNy and severally, Waives dems~d, prese~tment p.otest and notice of protes~ fw reonpayment, artd fu~ther
agrees to any extension of hme of paymenf, either before w after matw~ty, wiihout not~ce to any of us; and to. pay aU ccsts of collzction, inctud~ng a
rresonable artorney's fee in the event oi any default hereunder, and here6y seve~a!ly waives all benefit of homeiread and eaempuon under 1Fx constitution
a~~d law~ of each State of tl+e United States, as against this oblegation a any eatension w renrwal hereof.
, w~rnee> >he ha~d a~d ua1 oi each pa?ty_ KELLY CU~ISTRL~CT IO~I C~?ti1PANY
BY:
w S~Kel y Hall, President (SEAI)
Corporate asal affixed tsea~)
" (SEAI)
ti
~ ~3'~•2~ ) State Revenue «~f
;Stiirl~~i Zii~t'eAA=a11 ~RftIRC~CO~) ~
NOW, THEREFORE, the MORTGAGOR fw the pu+pose of securing p~yment of said s~m of j 22 ~~U~ , and the perfomiance of the
cove~ants and agreements hereinafter expressed, and for d~ve~s good a~d valuable considerations, by these prrsents, does grant, ba.pain, xll, rcmise,
release, convey and confirm unto the MORTGAGEE, its successors and auigns, all that cenain lot, piece or parcel of land, situate, lying, and being in the
Counry of St . Lt1C 1Q a~d State of Fbrida, dewibed as followi:
Lot 7, Block t~, ORAVGc BLOSS0~1 ESTATFS, Sf?CU'YD ~DnITI01, SECOND PLRT,
i as ~eY plat t:~ereof on file in Plat Book lb, page 14~ Public Rec~rds
` of St. l.u~ie County, Florida~ r`
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f
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~ S~TATE ~F FL.ORI~3A
t~ F t~OCUME~ITAp" STAMP TAX
~ J,1N-6'72 = F.E~EtYEQ IN PAY!d£Nt OF TAxES '
1- ~ = S 3 4 2 O~ a~~ oN cuss 'C' IKTAN&IBLE PE4i~~tAl PR4PERt1',
°~if.OF Fs = PURSUANi TO CHAPiER 71-234. ACTS OF 197L
P~. i90112
ROGER POtTAIIS, Ckrk Cirtuit Court~ SL Lucia Co. 4;~.
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togetF+~r with all ~nd singulir tFe tenements, hereditaments and ~ppurtanccs thereunto belonQ;rg or in anywise ~pperf~inir~ theteto, and all r~nn, iuuet,
p~xeeds ~nd piofits xcruing and fo +ccrue from s~id premises, alI of which ue irxluded in the ~bove and fwepoinp desttiptan ~nd Mb~ndum.
TO HAVE AND TO HOLO the •bov~ described and gnnted premises unro the said MORTGAGEE, iti successon and assiyns fwever. Md tM said
MORTGAGOjt fw - 1 L S______ ~~~s, executws, administratws and asaigns, hereby covenants with the said MORTGAGEE, its succeswn and ~uigm,
~hat 1 L 15 lawfull seized of the said
y p~emises in fee temple; that the same are free, ckar and dixMr~ed irom afl liens uid encvm-
brances i~ Isw or in equity, ~nd that 1 t wilt and i t 5 hein shalt warrant ~nd defend the title ro ~he urrN to ths said
MORIGAGEE, its s~ccessors and assigns, forever ~gainst th~ iawful claims snd demands of ~It persons;
PROVIDED, AlWAYS fhst if fhe MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore described snd ihall truly, prornptty
and fully perform, diuMrge, execute, complete, comply with and ~bide by e+ch and every tF?e stipulaHOns, agreement~, conditions •nd covenann of sa~d
prom~ssory ~or~ and ot thi~ Mortyage, vhe~ this Mwt~age ~nd the Es~~te hereby ue~ted ahall uase and be null ~nd wid.
IT IS UNDERSTOOp tF?st tF~e wwd "Mortga9w" whether in tM sinyubr w plural anywhert in this Mortya~e, ihall bs sinp~lar if on~ only and
shall be plura{ jointly and ~ever~lly if mort than one, and thst the wwd "their" as used snywhere i~ this Mortgage sMll be t~ken to mean "his,•• ••hen;'
or "its;' whereve? the context so implies w admits. Alw, fhat wF~e~eve~ thcre it a refeFence in the coven+nts ~nd ~yreements herein cont~irnd to any of
th~ partiss hereto, ths sam~ tMll b~ construed to mean s~ well ~s the heirs, legal r~preaent~tive~, successors and assiyns (either volunt~ry by ~ct of the
parties a invdum~ry by pperatio~ of the taw) o( tFx iame ~nd that the covenants herein cont~ined shall bind ~~d the bsnefit: and advantayes inurt
to tix respective he'us, ky~l represenutives, successors and au'gns of the pa~ties hcreto.
And said Mwtgagws, fa themxlves and their heirt, legal repreuntarives, svccesson snd sis;gns, hereby jointly s~d wve?ally tovenant •nd ~gree
ro ~nd witfi the said MORTGAGEE, in successors and sssigns:
1. To pay al) +nd tirg~l~r the principal and iMerest and the wriovs and sundry sums of money payable by virtue of said promissory note, and this
mortyaye, txh and every, pomptly on tF?e days respectively tM samt s~verally become due,
2. To pay all and singular the taxei, a~seumenti, levies, lisbilities, oblig~tiorts ~nd entumbrarxei of every natu~e and kind now on said d~scribed ~
p~operty, w tMt here~ft~r may b~ imposecl, sufh~ed, placed, levied, a ~ssessed thereon, w that here~fter may be tevied w ~sseued upon tkis Mortg-
age, w tM indebtedness setured her~by, exh ~nd every, when d~e and pay~ble. ~ccordirg to law, before they btcome delinquenl, ~~d b~fo~e ~ny im~r~st
atteches w any penalty is inc~rred; AND INSOFAR AS ANY THEREOF IS OF RKORD TME SAME SHAII 8E PROMP~IY SATISFIEO ANO DISCHARGED OF
RECORD AND THE OR(GtNAL OFfIC1Al OOCUMENT (St1CH AS, FOR IIVSTANCE, 1HF TAX RFCEIAT OR THE SATISFAC~fON oAPER OFFICIA~LY ENDORSED
OR CERTIFIED) SHAII 8E PWCED IN THE HANDS OF SAID MORiGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that a~y thereof is not
paid, seYSfied ~~d disch~rged sa:d MORTGAGEE may at any tim~ pay the same w any part thereof without waiving or sifecting any optio~, lien, equiry o~ ~
•rpht unde~ or by virtue o1 tF~is morrgage ind the (ull amount oi wch a~d every •uch paymero shal be immediately due and payable and shall bear ioterqt
~~om ~1x date thereof unt~l pa~d ~t rate oF n~ne per cent~m per annum and together w~th such inQr~t ~secured~~ of th:s morqta9t. ~
BQOK~ ~
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