HomeMy WebLinkAbout0486 IGNV`~J.ii?/
THIS INDENTURE, Mad~ th~ 2nd day of ~=Ch M A.p. 19 72 b~twe~r~
_ Kelly Construction Conpany, a Florida Corporation
of ~
$t .~.t1C16 ~p~~~y Flwida, IkreinaftN dtsignared ai the "MORTGAGOR;' a~d FtRSi FEDfRAt SAVfk(3S AND IOAM }
ASSpC1ATlON OF FORT PIERCE, • capaat;on arp~ni:ed ~nd ~xi~tinD undsr ~M lawt of tM Unit~d Statos of Am~ric~ ~nd h~v'uq iN prie?cipal pl~ce of l
busiMSS in th~ C(ty of Fort PiKC~, St. luci~ (;ounty, Fiaida, htr~inaftK d~iiynahd ~s tM "MORTGAGEE." ~
WHEREAS tM MORTGAGOR a'wt 28 600.00 ;
~ ly ind~bt~d ro tlwe MORTGAGEE in 1M sum of s i , yood ~nd I~wf~l money of the tJn~ted
Srares advanced by ths MORIGAGff unto /M MORTGAGOR, as •videnced by a certain p~omitswy ~ote of eve~ date hertwitb, of which Ihs (Ollowin9 in !
words end fiyure~ if a trw copy, towit:
s 2$~60C1~00 .
~~3-18. 029
f«r a~..~., fb.~da. March z~ 1972
Fw valw received, 1, we o~ either of us, prom~se to pay, wiihwt defalution, to tha order of NRST FfDERAt SAVlNGS ANp LOAN ASSOCUTION OF i
FORT PIERCE af Forl Pierce, FEorid~, the sum of = 28~6~.00 w;th ;ntereit (rom date at f}» nts of 7• 596 psr an~~m, in monlhly i~su16
ments as faUows: =212.~0 an ths ~st day c; July , 1q 72 ~~d a lik~ s~m on tF?~ cwrespondinp day of each month tlxrr
afte~ umil the whok be f~lly paid.
Each installment firit ~hall b~ applied in payment of the inte~esf ~nd then on the unpaid balance of the princ~pal sum. If d~ulf is made in tM
payrn~nt of any instaliment wfien dus, and such defwh tont+nucs 30 daya. then N the oprion of fF~e hoide~, and without any other ratice, all the remaining
~ anstallmsnts shall be due and pay~ble at axe. Priviley~ is qiven to prep~Y this note in whote or in p~rt at sny time without pen~lty. Neither foteb~arance,
nor accept~nce by the holde~ th~reof ~ftcr any defauh in anY paYment~ hereon, shall be deemed rxtension. A late paymen~ charoe of ~ lO.
60 shall be
added to each i~stallmenf remaining w?pa~d 7 dayi ait~r tts due dats, and a like sum shall be added to each such installment remainin9 unpaid T d~ys afte?
each iuctledinp P+Yment da?e.
' Each m~ker, wrety and endorser hereof, joi~ely and teverally, wa;ves demand, presenrment protest ~nd ~otk~ of protest for rwnpayme~t, ~r+d furthe~
~ agrees to any extensiw~ of tims of payme~t, e~:F~er beforo w afte~ maturity, without not~ce to any of us; and to pay all cosb of collectan, includ;np •
reasonabk sttwney's fee in ths went of a~y default hereunder, and hereby severally waivet ell benefit of homeslead and exemption unde~ the cwutitution
and laws of each Sute of 1he United States, as against this obli9ation or any extertsion or renewal F+ereof_
w~mesi the hand and seat of each part~r. KELLY OONS?RIICT ION COMPANY
~ BY: s/ Kelly Hall, ~U
President ~U
' Corporate Seal Affixed ~
~ $42.90 , st,» aeveTM,. ~
~ (fianp~oswlid~cadpk~)
NOW, THEREFORE, the MpRTGAGOR fp tl~e 28 GOO OO
purpose of securlrg payme~t of s~id swn of = • • and t!» perform~rru of th~
cove~ann and ayreemenn hereinafter expressed, and for divers yood and valwbf~ ca?iider~tio~q, by tMss pressnta, doa
~ pr~nt, bar~~in, sell, remise,
.elease, oonvey and confi~m unto the NtORTGAGfE, in suoceuors and assiym, s!1 that certain lot, piac~ a pucsl of lu~ situ~t~, IYinp. ~nd beirg in the
, County of St . L11C1@ ~$tate of Florida, dewibed as folbws:
Lot 8, B1oCk S, ORANGE BLASSOM ES?ATES, SECOND ADDITION, SEOOND
PLAT, as per plat thereof on f ile in Plat Book 16, page 14, Public
i Records of St. Lucie County, F2orida,~/
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~l~~ CIl6 Ow Ct1t1S 'C' NRM16ldlE ~a 1l7I. r~~
_ M1~INII i0 GIAr'ifJt Jl•134. 1?C!E
, ~ q~ ~ !L 4MN Oo. Et~
rogetMr wi~ all and s~ngular tM t~n~nfs, h~r~!'eaments u+d sppwt~nces th~reunb 6~lorginq p i~ a~ywis~ appertainkq flrrNO. ~nd rll r~nts. isswa,
proc~eds u~d pof;n ~cvuirq and ro accrw from said primises, a!1 of whi~fi a~e includ~d in tM abow ind for~poirg d~wiption and hab~ndurn,
TO HAVf AND TO HOLD tM abow dasuib~d and pranted p.em;s~s unto tha said MpRTGAGEE, in suu~sson and ~uipnt forrwr. Md Nr said
MORTGA~'sOR for lt S Min, txecuton. ~dministrators and aaiyro. Mreby cownanb with tM said MORTGAGEE, its wct~ssors u+d ~~aipro,
rhat - 1L ].5 lawful teized of ths Nid rnpl~s tF?af tiK sanw ut frK, cltar ~nd
ly premisea in 4se i dbcl~p~d fran all lieew and ~nwn}
bronces in I~w a in eq~ity. and tM~ 1 t will and 1 t S heirs shall warrant and defend th~ titb b th~ urn~ ro tFM wid
MORTGAGEE, its suttesso?s snd augns, for~vK a~ainst tht f~wfvt ctaims and demandy o{ a11 per~ons;
PROVlDED, AIWAYS th~t if t!k MORIGAGOR shall pry unto th~ MpRTGAGEE tM promiuwy rat~ iiu~inbefpn d~~trib~d and sh~ll trvlY. promptly
and fully periwm, diach~~e, t:~tut~, rompl~t~, comP~Y witb and abide by ~ach snd every th~ stipubtions. +qr~+wnh, conditions and cov~nanb of s~id
prom~swry not~ and of this Mat9ape, th~n this Matpa~e ~nd tFw Estat~ her~r v~ated ~f»II csas~ and b~ rwll ~nd void.
IT IS UNDERSTOOD that tF» word "Mortypor" whetf»r in the sir?yulK a pfwal ~nywhK~ in this Mw?Qaq~. ~!u!1 b~ si~Qvlar if on~ only and
shall b~ ptur~l jointly and wwrally if mor~ ttun a+~, and tfiat tM word "their" as used .ny,uhen i~ th;~ Mon9aq~ sMll b• r~kan ro m~an "hia," "Mn;'
w"in." whe.eva ~h~ com~xr w impl+es o? .dmits_ Alw, rhat wh~rewr rha~ a ~ r~faena in th~ cownann ~d a~~ements tw~~+n aont~in~d to aey of
rM parties Mreto, tM ~anw sl+al! be oorutrv~d to m~an a welt u ti~ heirs, l~paf npretentit'np„ successon ~nd assipr?s (eithN vokrnfary by ~d of tM
panies a inroluntuy by opMation of tM law) of tF~ same and tF?~t the cov~nsnb harein conuined dwll bind ad tlr ben~fib and advamapu i~wr~ ~
ro tM retpsctiw Min. I~1 r~present~tives, sucus~ors and ~ad9ra of tM puties herNa -
i
Md ssid AAoreqaQors, fo? tlwrtwlves and tl+eir Min, bqal r~pre~enatives. ~iors and auipm. i»~eby joi~tly and sw~ralty cownant and pr~e i
to u~d with tM wid MORTGAGfE, its artces~on ~nd assipr~a: ;
1. To p+y sll u~d sieqular th~ pi~ncipal and inurest ~ed the variovs ~nd sundry sums of mw+ey paYa61~ by virtw of iaid promissory rwb, and this
'^e+t0ape, wch and wery. P?on?ptly on N+~ days napettively th~ sarne sewr.lly i~ooene dw.
2. To pay d1 snd ~iigvla tM t~xes, auesvnsnd. Iw:es, li+bifiriss. obliyatiora and encvmbrantss of ~wry natw~ ~nd kind now on said dMCribrd
waP~Y, w MNt h~?~aft~r m~y b~ imPowd, wff~rd. P~ae~d. Iwi~d, or aa~swd tF~wn, or thn her~aftN en~r b~ Iwi~d a asses~a~d vpa~ this Mwtp.
+Q~. « 1h. tnd.btadness ..w..d h...by. .ach and we.y, wh.~ dw a,d p,y.b~.. .cco.d&p 1o bw, befo.e th.y becan. d.~irqwor, and b.fon any int.rar
anaches a any penalty is incwred; AND INSOFAR AS ANY THEREOf IS OF RKOR~ TNE SAME SHAII 8E PRON1YTlY SATISfIED ANO DISCHARGED OF
RECORO AND THE ORIGtNAI OFFICIAI OOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR TME SA715fAC710N PMfR OFFICIAILY ENDORSE~ t
OR CERi1ftE0) SHAII dE PUCEO IN THE HANDS Of SA1D 1MORTG/lGfE WIT?11N TEN DAYS NEXI AFTER DAYMENT; ~nd !n tM tvero that any tMrsof i~ not
paid. sat'sfied and dischar~sd sa:d MORTGAGEE may at any time pay tFw same or ~ny p~rt thereof without w~iviny or aNectirg any optwn, litn, p~ity p
•~aht under or by virtw of this monyape and the fvll amovnt of each ~nd wery such p~yment shati be w~rnediatety dve and p~yabl~ ~nd ihall bes~ int~r~sr
s.om tht dat~ thereof vntil pa7d af nte of n~ne pcr cenwm pe. annum and roye+he. w~~h ~uch ' r ~ecured ~en of th:~ morytsp~.
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K~~ PACE
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