HomeMy WebLinkAbout0459 652 ~
iHIS IN~ENTURE. Mad~ tltie ~~'h day o{ January . A.D. 19 ?2 between
Sunshine Pbbile Aa~ee Park, Inc., a Florida Corporation
af Sti• L11C~9 Cp~nty Flwids. MreinaftN desgnated as 1he "MORTGAGOR," and FIRST FEDERAI SAVINGS AND LO~?N
ASSpC1AilON OF FORT PIERCE. • corpontan «panized ~nd existinp unda tM laws of tM Un~red Stat~t of Am~riu a~d Mvinp iri pri~cipal pl+c~ of
busin~ss in tM City of Fort PiKa, St. luci~ Cou~ry, Fiorida, F+~~~inaher d~siynated as tM " 1~TG/1b~'E..~
WHEREAS th~ MORTGAGOR i~ justly indtbted to th~ MORTGAGEE in ths ~um of S ~b , good end lawful money of the Un~ted
States advr :ed by the MORTGAGEE unto the MORiGAGOR, ~s evidcnced by a certa~n promissory note of even date herewitb, of which the foltowirg in
:1 y~d~rgurss if a trw copy. to-wil:
~6 January 0 1 ~ ~72
Fut Pierct, flwida,
Fw vatue received, 1, we o~ cither of us, prom~se to pay, without defalcat~on, to ~he order of FIRST FEDERAI SAVINGS AN~ IOAN ASSOCIATION OF
FORT PIERGE ai Fort Pieres, Ftorida, Ihe sum of Z with interest t~om date at the ra?e of 8•~9o per annum, in monthly instalt-
t~.
~,~ents as followi: S ~ 31 on the ~$t day of ~y . 19_ 72 and a like sum on the carespond~ng day of each month there-
afrer until the whole be fully paid.
,i Each i~stallment first shall be applied in payment of the inTerest and then on the unpa~d balance of the princ~Fal ium. If d ault is made in fM
Fayment of any imrailrrKnt when dve, and such default continues 30 days, then at the op+ion of the holder, and without any other notice, all the remaining
:nsrallment~ shall be due aod payable at once. Privilege is given to p?epay this note in whole or in part at a~y t~me withovt penalty. Ncit~xrJgebearance,
~ nor ~cceptance by the ho~der thereof after s~y de(+ult i~ any payments hereon, shall be deemed eatension. A late psyment charge of S 6'~5 sMll be
~ added to each installment remaining unpa~d 7 days after iri due date, and a like sum shall be added to each such installment remaining unpaid 7 dayt after
each succeeding payment dste.
~ Each maker, surery and er+dorur hereof, jointly and several~y, waives demand, p~esentment protest and rtotice of protest fd nonp~ymenf, and further
egrees to any exte~s'an of e~me oi paymem, either before or afte? maturity, wi~hout not~ce to any of us; and to pay all eosts of collection, includ~rg +
` reesonabte attorney's fee in the eveot of any defsult hereunder, snd hereby severally waives all beoefit of homest~ad and eaemption under the constitution
and laws of each State of the United St~tes, a: against this obligation or any extens~on o~ rcnewal heseof.
~ w~?~~~ ~~,a a~,a :~i oF ~Kh ~?t,,. SUNSHIIdF MOBII,~; AOlQ PARIC, INC .
~ , Hy.: S/ Ernest Ge i President ~~U
' Corporat,e 5ea1 Affi~oed y - ~°'U
Attest:S/_T~hn R. Lon¢,,. Vice President ~?u
( ~~~~0 ~ $f~tf RlVMW • (~u
~ NOW, THEREFORE, the MORTGAGOR fw the purpose of securing p~yment of ssid sum of j ~~~6~'~ and the performa~te of ths
x covenants and agreemenn herei~afta expressed, snd fw diven 9ood and valu~bte considerations, by thes~ p?escnts, does grant, bar9ain, sell, remise,
release, convey and confirm unto the MORTGAGEE, its wccesaori ~nd suignt, al{ thar ceruin lot, piece w parcel of I~nd, situatt, lying, and beinp in tM
Counry of j+uCiB and Sate of Florida, described as follows:
~
?ram the Sautheast corner of the tiirest four acres of the East six acres of I,ots2o, of -
:,fiite Citq Subdivision, as per plat thereof on ffle in Plat Book 1, page 23, of the
~ Public'R~ecords of St. Lucie County, Florida, run North parallel to the Fast line of
~
~
; said Lot 28, 179 feet to the Point of Beginning; thence continue North 120 feet; thence
~
~
run West parallel with the South line of Lot 28, 102 feet; thence run South 120 feet;
t /
~ thence run East 102 feet to the Point o° Beginning.~!
4
~ °i~ 5 ~11: 1'i_t)1~~i~:~ ~
' r ~v.~ ...r. ' t i
~ V _ i?~. J- ~ . I• i Ir~ t i
~ ~ {
' ~ Z - -s.~. - _ ~ ~p / t
~ ~ ~ JAR27'72 _-/i~+ ='~-1 - RECEIVED ~~L=.... IN P/ITMENT Of TJIXES
~ v; ~ = ~~~r='= `2 3 4 0 = ~ o~E o~ ~ ,~~a~.~ ~ .RO~Rn,
~ tf%i.6i firFi'u~~'`~~f - ~t1RS1iA1fT TO C~IA~TER ll•13i. ACTS OF 1911.
~ , 4? f~ a ti ~ z i.;~ - R06ER P011
~ Rl1S~ Cbri~ C~rait Caust, St_ luu~ Co. Fls.
~
~ rogether with all and singulsr the tenements, hercditame~b and appurt+nces thereuMO belonyiny w in anywife appertaininp thereto, and atl r~nri, iausa,
p~oceeds ~nd profits ~ccruing and to sccrue from said premises, all of which ~re included in the sbove and fore9oinp d~~c?iption ~nd Mbendwn.
TO HAVE AND TO HOID the +bove dewibed and ~ranted premises unto the said AhORTCsAGEE, its tuccessw~ and sssipns for~wr. Md th~ said
; MORTGAGOR for it's he~n, executors, sdministrators ~nd auigns, hereby covenanrs with the iaid MORTGAGEE, it~ sua~ssors and usipm,
,,.y i
~ rhat ---~~-5-- lawfuily sei:ed of tl+e said premises in fee simple; that the s+me u~ fre~, ckar and disch~rged f?om dl Iltro and Mcvn?
brances +n law or in equity, ~nd that it will and it'8 hein shall warraM a~d d~f~nd the titlt to tM sam~ to the said
MORTGAGEE, its successws and auigns, forever aysinst the ~awful claims and demsnds of ~11 persaa;
~r' PROVIDED, AlWAYS that if the lNORTGAGOR shall pay unto the MORTGAGEE the promisswy not~ htreinbeiore destribed and shall buly, p?omptly
aru7 fuily perfwm, disclurQe, execute, comptete, comply with ~nd ab~de by e~ch and wery ti~ stipul~tions, ~y~eemenn, conditions and tovenanb of said
_ promissory nore •nd of this Mortpaye, then thi+ Morty~qe ~nd the Estate hereby aeated shall uas~ and be null ~nd void.
IT IS UNDERSTOOD that the word "Mortyayor" whether in th~ •irgular a plural anywhere In this Mwt9p~. ~11 b~ sinyubr if on~ only ~nd
sha:l be plwal joimly ~nd ~everally if mor~ than ar, and that the word "their" at used anywher~ in thn Mwtya~e sMll b~ tsken to mea~ •.hu; ••'Mn; •
or "its," wherever the contea~ so implies a admits. Also, that whercver thcn is a r~f~renc~ in tM covsnanri u+d ap~aemenri herein confsin~d to any of
- rhe p~nies hereto, the same ahall'b~ construed to mean as well as th~ heirs, (p~l rtpresentatives, succeswrs and ~uiyro (eitl~ voluntary by M of th~ ~
parties or involu~tary by opcration of the law) of the same and that the coven~ms her~in contained shall bind and tht berwfib and ~dwntapes inun ;
- ro the respective I~eirs, I~pal representatires, wueuws and ass~yr?s of eM psrties hereto.
*j And taid Mwtg~gon, fo. themselves and tFKir I+ein, 1e9a1 represent~tivp, succeawn ~nd suiyns, hereby jointly ~nd wveratly covenant and ~yree t
~o a~d with the ~sid 1NORTGAGEE, its successon and ~uqro: ;
_ 1. To pay sll ~nd sinpu{ar tht principal and interest and tM wrious and tw+dry sumt of mawy payabls by virtw of said promitswy note, and t!?is ~
- mort9~ge, sach ~nd swry, promptly on tik days resp~ttively tht same sewrally becorn~ due. ~
t 2. To p~y •11 and sin~vlu the taxea, sueumenn, kvies, tiab~li~ies, oblip~tions and ~ncwnbrances of every n~ture ~nd kind now on uid dacribed
~ prop~rty, a that here~fter may b~ impo~ed, wffered, pl~ced, levied, or saes~ed thenon, a fhat he~~aft~r may be kried a~sesud ~pon tl?is MoAy- ~
aye, or the ind~bt~d~eu secured hereby, ead~ and eve~y, wi+en due and pay~ble, xcordinp to law, befor~ they become delinquent, and b~fore any interat ~
- arraches a any penalty is incurred; AtvD INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII 6E PROMPTIY SATISFIEO AND DtSCHARGED OF j
RECORD AND THE ORIGIhAI OffICIAI DOCUMENT (SUCH AS, fOR INSTANCE, THE 1AX RE~EIPT OR THE SATISFACTION VMER OFfICIAIIY ENDORSED ~
OR CERTIFIED) SHAII SE PLACEO IN THE HANOS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the eve~t fMt ~ny fhereof is not
~ pa;d, sat sfied a~d dixh~rged sa:d MORTGAGEE may at any t~me pay the same a any pan thereof witlw~t waiviny w affetting ~ny option, lien, eq~ity w ~
' ~~qM under or by virtve of this mort9sye snd the iull ~mount of each and eve~y uxh payment ~hall be immediately dve and payabk •nd shall beai interest s
si ~.om fhe d~te thereof until pa;d at rste of n~ne per centvm per a~~um ~nd toyefher w' ~r rest shdl ~t ed by the lie~ of th:i morytape. ~
- gao 1~ PACE g~