HomeMy WebLinkAbout2255 2N~Q~5 . ~
THIS INDENTURE. Msdt the liLh day of '~~~ry A.D. 19 7~ be?+veen
Harris Construction Corporation, a Rlosida cozporation,
of St. Lucie ~p~~~y Florids. hereinafter desg~ated as the "MORTGAGOR." and FIRST fEDERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, s corpa~t~on oryanized and exis~~ny unde. the laws of the Un~ted Sfaias of America ~nd Mviny it~ principai place of
bus~ness in the Ciy of Fort Pi~ru, St. lucie County, ilorid~, hereinafter desiynated tM "MORiGAGEE"
WNEREAS the MORTGAGOR is justly indebted to the MORTGAGEE i~ 1he sum of j~,6~• ~ good and lav.iul moner of the U~ ted
Sra~es advanced by the MORTGAGEE un~o the MOR7GAGOR, as ewdencrd by a ceriam prom~ssory r+ote of eve~ c+au herow~th, of wh:c~ the falowinp in
words and frgures is + rrue copy, to-wn:
t 23,600.00 . ~ 3-1'7,814
Fort Pierce. Fio.~da. January 11, 19 72
for value ~eceive<!, 1, we or either of us, prom~se to pay, without defalcanon, fo the order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF
FpRT PtERCE at Fort Pierce, Floride, the sum of S 23 ~ 6~• ~ w~th imerest from date at the rate o~ • 75 °o per annum, in monthly instait-
~~enis aa fo~!ows: S l~•~ on the lgt d+y of ~y 19-?? and a like sum on the correspond~ng day of each month therr
a'ter ~ntil !he who~e be fuiiy pa~d.
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Each install~nent first shall be applied in payment of the intereat and men on the unpa~d balance of the princ'pal sum. If d ault is made in the
_ ~e,mem of any insra~iment when due, and such default cominues 30 daya, then et the opr~on of the holde~, and wiehout any orher nor;ce, all the remain~:~g
~ ~srallmenrs Sf1dII bff dU! and payabk at onca Priv~Iefle is g~ven ro prepay this aote in whole w in psrt st any l~me without pe~alty. Ne~ther forebearance,
no. acceptance by the ho4der thereof after any default in any payments hereon, shall be deemed e:fens~on. A late paymem charge of S 9' 7O shsll be
~ ~d~ed to each iiutailment remaining unpa~d 7 days after its due date, and a GAe sum shali tx added to each svch ins~aliment remaining unpaid 7 days ~fter
rach succrrding peymerrt date.
~F Each maker, surety arxl endo~ur hereof, jointfy a~c! severslly, avaives demand, prestntment protest and notict of p~otest fw nonpayrtunt, snd further
ea~ees to any extens~on of t~me of paymem, e~ther betore or afte+ maturity, without no~~ce ~o any of ~s; and to pay all coats of co!lecrion, includ:ng s
' ~-:+so~abie attorneyb fee in the event of any de`au!t her~under, and hereby seve~ally wa~~es a~~ benefit of homestead and ezemption under the constitution
' ~d Iaws of each State of the United Sta~es, as against this obLga»on or any extens~on or re~ewal hereof.
~ w~f~3s the hand and seal of eac?+ Pa.+v. HARRIS OONSTRUCYION ~ORPORA?ION
R By S/ H~zel J. Harris, ~~u
Corpozate seal affoced ' President ~Ai~
' Attest S/ Franklin A, Hazris, ~i~
Secretarv ~
S3S.40 ~ State Revenue -
!6+'sr*P~~+w~aMeJ~w aigi~w4'~o~e}
NOu1l, TFifRf~ORE, the MORTGAGOR for the purpose of securing p~yment of wid sum of S 23 ~ 6~ ~~d the perform~nce of tha
covenanh ~nd agreements Fxreinafter e~pressed, and for divers good snd v~luable cons~dcrot~ons, by these presents, does g~ant, baryain, se~l, remise,
- *t~ease, convey ~nd confirm unto the MORTGAGEE, iri succeuors snd auigns, ~ll that certaiR lot, piece oc partel of land, situate, lyir~, and being i~ the
` County of $t. LuCl~ ~nd State of fbrids, dexribed +i foltows:
Lot 33 less the South 20 feet, and the South 40 feet of I.ot 34s Block 4, SII.VBit
i.AKS PARK SUBDIVISION, aa pez plat thezeof on file in Piat Book 10, paqe 4,
Public Records of St. Lucie County, Floz ida,
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; ~ ~?L~.~ic.~~z RECE?YE~ 3-_TL- 1N FATf'E'~, CF :A1(ES ;
; pUE Q11 ~LASS IN1A,'iG~SiE FER~;;I.ai PKU~ER~T,
p11itSUANi i0 CFiAPTER 71-135, 1?CTS OF 19T1.
R3GE,R POliRAS, Gerk Cirtuit Caurl, S~ luc+e Gc. fi~.
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~ rogether with all and singvlsr the tenemenri, hereditamenri and ~ppurt~ncd thereunto belonyirg w in anywise sppertaininp lhereto, and all rentt, iuues, ~
p~«eeds ~nd profiri accruirg and to accrue from said premises, all of which ~re included in the sbove and fwe9oirg description and h~bendum. 3
y TO HAVE AND TO HOID the sbove described and 9ranted p+emises umo the said MORTGAGEE, i~s succes~on u~d +ssiyr?s fwever. And th~ wid ~
MORTGAGOR for it g heirs, executors, adminissrators snd assigns, hereby coven+nts with the taid MORTGAGEE, itf successws and auiyn~.
fhat lawfully seized of the ssid prem~ses in fre simple: that the same are frse, ckar and discharyed from all liero uid encu~ €i
~ b~ances in law or in equity, and that it w;11 and its heirt sh~ll wsrrs~t and defend the titk to the s~rrw to the said i
'-q MORTGAGEE, its successors snd assiqns, forever agsinst the lawful claims ~nd dema~ds of •11 perwro; . ,
" PROVIDED, ALWAYS tMt ii the MORTGAGOR shall p~y u~to the MORTGAGEE the promisswy rate hereinbefae destribed +nd shall huly, promptly
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and fvlly perfwm, d~xMrge, execute, comple~e, comply wirh and ab+de by each and every the atipvlations, apreements, conditions and oovenanri of said -
~ promif3Wy note and of this Mortg~ge, then this Morty+9e and the Estate hereby ue~ted shall ccase ~nd be null a~d void. ;
IT IS UNDERSTOOD that the wwd "Mortyapw" whether in the •ingular w plwal anywhere in this Nlortg~ye, shatl bt sinpular if one only and j
ahall be plur~l jointly ~nd sever~lly if more than one, and that the wwd "the'v" as ~ned anywF~ere in tha Mort~ape sMll be taken to me~n "his," "hen," ~
or ^its," wherever the context w implies w~dmits. Also, that whe~ever there is • referenu in the covensnb a~d preements herein contain~d to any of ~
rhe pahies hereto, the same ~Mlf be construed ro meM ~s well as the hein, leyal rspresenrativet, a.xcesson and augra (either voluntary by act of th~ ~
_ panies or involuntsry by oper~tion of t1x law) of the same and that the cove~snrs herein contained shall b~nd ~nd the benefin a~d advant~p inure ~
ro the reapective he~rs, ley~l represemativei, successors and ~u~yns of th~ p~rt~ea hereto.
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And taid Mortgayors, for tF.emselves and their hein, ley~l representatives, successora ~nd asai9ns, hereby jointly and a~vaally covenaM snd apree '
~o snd with tFx said MORTGAGEE, its succesao~t ~nd ~uiyns: ;
1. To pay •11 end siny~l~r the princip~l and imerest and the var'wus and s~ndry tums of mw~ey pay~ble by virtue of said promi~wry note, ~nd this ~
mong~ye, aach ~nd every, promptly on the days respectively the same sev~rally become due. #
2. To pay al) ~nd sirgulu the t~xa. ~ssesunents, levies. li~biliries, obliyatio~s snd encumbr~ncea of every nature and kind now oo said O~scribed £
pwed, ivffe.ed, placed, levied, a asaess~d thereon, a tMt hersafter ma~ be lev~ed a usea~ed upon tF~ia Mort¢ ~
p~ope.ty, or t1,~t here~he? may be ~m ;
age, w th~ indebt~dneu secwsd hereby, each and every, when due ~nd p~yabk. ~ccordinp to I~w, befae tt+ey become delirpwm, and befat ~n~ i~t~rpt ~
artaches w sny penaHy is incv~red; AND INSOfAR AS ANY THEREOF IS Of RKOR~ TME SAME SNAII DE PROMPTLY SATISFIED AND OISCHARGED OF ~
s~' RECORD AND THE ORIGIlvAI OFfICIAI DOCUMENT (SUCH A5, FOR INSTAMCE, THE TAX RECEIPT OR THE SATISfA~TIpN PAPER OFFiC1AllY ENDORSED ~
OR CERTIFIED) SHALL BE PLACED IN iHE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and ~n the event that ~ny th~reof is not
~aid, sat sfied •nd dischsrged u;d MORTGAGEE m~y at •ny time pay the s~me a any part thereof without waiviny 01 •f~Kiug •ny option, lien, ~quity p
_ •~ahr vnder w by v~rtue o~ this monyaye and the 4~11 amo~,nr of each and eve~y such payment shall be immedi~te~y due and payable s~d Fhall bear imeret~ ~
j•wn the d~te thereof un~il pa~d at r~te of n~~e per cemum per annum ~nd toyether w~th s h imerest sha~l be secured by the lien of th:s moryta~e.
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