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HomeMy WebLinkAbout3001 • ! • ` • , 22"/43'7 230 ~ . . ~ THIS INDENTURE, Mad~ ths 11 t h ~y pf , Apr i 1 A,D. 19 b~twean iakewoqd Park '•Sethodist Church, Inc., a Florida corporaticn, of SL. Lurip County flaida, Mrtu»ftK d~sign~ted +s tM "MORTCsAGOR," and FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF FORi PIERCf, a oapaation «paniud u~d ~xiitinp w?dK tM laws of tM Unit~d Sqt~s oi Am~~ic~ and Iwvinp it~ prirxipal plau of busin~~s in ~M City of Fort Pis.u, St, luciw Counry, Florlda. MI~IMftH ~~Mfld ~s tM "MORTGAGEE." WHEREAS tM MORTGAGOR Is jtntly ind~bted to tM MORTG/?GEE i~ tM sum of 9+~~~ •~n - yood +~d tawful money of the Un~ted Srates ~dvsnced by th~ MORTGAGEE unto ths MORTGAGOR, as evidenced by a certau~ promiuory eote of eve~ date herewitF?, of wh7cA ths followi~p In words ~nd fiyuns a s trw copy, to-w;t; ~f ~j : `~'~,,1!J(~~n(~ ~ ~..aCi~C1J fwt Pi..c.. F~o.td+. ~Ur i 1 11 , t9 7?' fw valve rtceived, 1, we or eitha of us, promise w pay, without def~lcation, to the orde~ of FIRST FEDERAI SAVINC,S AND IOAN ASSOCIATION OF FORT PIERCE ~t Fort Pierce, Fb~ida, the sum of = 2 9~ nn~ •~n with interest (rom date at the rate of 5 96 pe? annum, in monthly insfatl- rr,ents as foltows: = 215 . n0 15 t ~y of AL1Qt1S t ,~9 7~ snd • like sw~n on the correspondinp day of each month tl+err after until the whole be fulty paid. Each installment fin~ shaN bs applied in payment of the intaest and then on the unpaid balance of the prinNpal sum. If d suU it made in ths paymeM of ~ny imbllment when due, and s~rch defavlt continues 3p day~. then ~t the opti~n of th~ holde?, snd without a~y other notice, all the remaining ~nstallmenq shall be due and payabk at once. Privile~e is given ro prepay fhis note in whale or in psn at any time w;tFaut penaly. Neither forebearance, nor ~ccepqnce by the holder thereof aftcr any default in any paymenh hereon, shsll be desmed extenaion. A late payment cha~ge of = 10. ?S sMll b~ added to each installment remaininy unpaid 7 days aftar ib due date, snd a like wm shsll be added to e~ch such installment remaining unpaid 7 days ~har each succeeding payment date. Each maker, wrety and endorser hereof, jantty and sevewlly, wa:v~ demand, preseotment protesl snd ratice oi prote~t for rwnpayment, and further ngrees to sny extensan of time of psyment, either before or after maturity, without notice to any of ~s; ind to pay all costs of collection, intludirp a reasonabk attwney's fee in the eveot of sny default hercunder, and hereby uverslly waives all benefit of homestead and exempfion under the cautitution and lavin of each Sqte of the United Stares, as sgaimt lhis oblig~tion or ~ny extensio~ p ~enewsl hereof. w;tness the h~ad and seal of each puty i.AKBjJC~G.7 PA ~IETNOD~ ST CHl,12CH , I~IC . $y cs~?u Corporate se~l affixed erry L. King, President ~U Atte ~ . . yon ecretary ~ ~ $ 4 3 , 50 ) Srete Revenve ~ • ~ (~tarnpt s~lkd-ow ~eipln~F eo~e) NOW, 7HEREFORE, tM MORTGAGOR fo~ tM pwpose of securing payment of said sum of ~ 2 4~ ~0 ,~d tM performance of th~ covenants and apreemenq hereinafter expressed. and fw divers 9ood and valwbl~ consider~t;ons, by tMs~ presents does prant, barg~in, sell, remise, release, convey and confirm unto th! MORTGAGEE, iri succeuors ~nd ~ssigns, all thaf ceA~in lot, piep o~ paroel of Iand, situaM, Irirg, ~nd beinp in the ~~~ty ~ S t. ~ UC 1 C' and $tatt of Fb?ida, d~acribed ~s folbws: p~rt of the SE4 of Section 12, :ownship 34 South, R.~nge 39 F.~~st, described as f~llows: Beginning at the intersection of the l~ozth-South Quarter sectio» line ~vith the tiortherly Ri~ht of way Iine of the Sunshine State Parkuray Fe+eder Raute, «~hich point is 86.6~ feet South of the \fi corner of the SE4 of the Scrl~ of Section 12, Townshig 34 ~outh, Range 39 Cast; thence run ~'ortheasterly along the ~ortherly riaht of ~vay line of the Sunshine State Parkwzy Feeder Route 2C5.64 feet to the i'oint of Beginning of the tract hereby described: From said Point of Beainning zun *Iortheasterly alcang ;he right of way of Sunshine State Parkway Feeder Route ~00 feet ta , point; thence run vorth parallel ta said ;Vorth-South quarter section line to a point that woul~ be intersected by a line extended due East frorn a point on said :~orth-South quarter section Iine that is 90I.?2 feet vorth of the ~.outh- ~~~est corner of the `'orthwest of the Southeast of said Section 12; thence run '''est (alon9 said 2ine extended @ue East) t~ a point that is due North of the Point .:f Beginnin5; thence run South and parallel to said Vorth-South quarter secti~~n ; ::ne a distance of 847.84 feet, more or less, to the Poir.t of Beginnit~g; STAT~ oF ~ DOCUMENTAp F g O R J s p ~ APRl~'TZ - ~M = ~ ' ~ IN P1IYMENT OF YN~Q ~ = = ~ 4 3 5 0 ~ ouE on «us ~ ~rR~cie~ ~~o~ Pa~trr~ ~ N evt.~r ~trt~ac pURSIWIi TO (~1APTER 71•131. AC't8 OF lY/l. ~ P.B: ~~o~ ~ ~_r t~GElt POtTRJ1.4 ~ p,EqK C1pqlIT COUR1, ST. lUC1E 00, FLA~ togetlw with sll and ungulsr the tenemer?b, hefeditamen» and ~ppvrt~nces therevnto belagi~g or in anywpe appnt~ininD ther~to, and all renb, issws, proceeds and profin acauing and to ~ccrue from said pr~misea, atl of which are uxluded in tFk abo~w ud for~oirq daaiption and h~bendum. TO HAVE AN~ TO, HOtD th~ above describ~d sed yr~nted premises unto tht s~id MORTGAGEE, ifs succeasors ~nd usges forwu. Md th~ aaid MORTGAGOR for 1 t S hein, executon. ~dministraton ~nd suigro, hereby covenanb with th~ said MORTGAGEE, ita waeswn and ~ssipro. ehar lt 1S ~~,,,,Fully ~ei:ed of tF~ said premiies in fe~ ianplr, tMt tM sa~ne ~n fre~, cku and d'aclury~d irom all Ii~ns ard ~nc~ br~nces in law ot in equity, and tlur 1 t ~1) and 1 t 5 ~uy ~II wunm aod d~hnd the titb b tFr s~ene to tl~e satd MORTGAGEf, ib succeswrs and suipm, foiwer ipainst tl+~ Iswfvl daims ~nd demuds of ~11 pKtonss PROYlOED, ALWAYS that if th~ MORTGAGOR sh~ll p~y unM the MORTWIGEE th~ promiuay not~ M?einbefot~ d~scribed and sMll truly, p?oee?ptly snd fvlly pe.fo.m, d~schar~e, ex~cuts, comPlete, complY wirb a~d sbide by each and ~very rM ~ripularions. +y~eer~?ts, oonditiom and oovenann of s~id i promiuwy note and of this Mort9spe, then this Mortyay~ and the btate be.eby ae~ted shall aaN and b~ rwll and wid. t IT IS UI~lDFRSTOOD that the wad "Mwfgapor" whether in tlw sinpular o? plwal ~nywFien in this Mortyp~, ahall b~ sirgvlar if oeM only and ! shall be plural jointly u~d s~verally H mor~ tM~ on~, and that th~ word "the'v" ~s wed anywMr~ in this Ailort~ap~ ahall b~ t~kan to m~an'1~is," "h~n•• ~ or "it~," wherever tM context so implie~ or admin. Also. N+ar whe.evw rhere i, a r•fs~snc~ in il+. cov.nann and ayr.enMnK (w.ein oom•irwd ro any of rhe partia Fweto: th~ sam~ ~II b~ wrotr~sd ro m~an a vr~ll ~s the hsirs, ley~l npresentatives, woaswn u~d suipiu (eitiwr vol~nfary by ~ct of th~ ~ pa.ries a involuntary by operation of th~ law) of ths sam~ and tMt the cover?~nn herei~ contaimd shalt bind and the b~nsfits and advantapq Mwr~ ro the r~spectiw hein. lsyal rcp~eae~t~tiws waeswrs snd us~ns "of fh~ pani~s Mnto. ~ Md said Mwtpapors, for t1~sm~lves and tMir F~tirs. Isy+l rep~ssenNtiva, waessws ~nd ~ugro, hereby jointly snd wvar~lly o~n! ~nd pne ~ ro and with the said MORTGAGEE, its woaswn and ~ui~ns: 1. To p~y ~11 a~d sirgulu th~ pi~cipal and interest a~d the v~rian ~nd wndry sums of money paY~bl~ by virtw of sad promiswry note, and tF~is ~ mort9ay~, t~ch and ~wry, p~anptly on tM days respettively th~ same sw~rally bacorM dw. ( 1 2. To pay ~U and sirgol~r th~ taxes. ~sseasm~nts, levia, liabilities, oblig~tian and ~ncvmbnnces of wery n~tur~ u~d ki~d now, o~ said d~wib~d ~ P~~~Y, w that hKeafte? nwY b~ imPwed, suff~r~d. P~aad, levied, or at~est~d thereo~, or th~t f~eaft~r may M levi~d or nsessed ~rywn tl~ Morq- aye, a tM indtbt~dntss secv~ed heteby, s~th ~nd twry. wher+ dw and piyabk, ~otordin~ to law, b~fort th~y becomt dtlinqwnt, and b~fon any M»attit attaches w ~ny penalry is incurret); AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 6E PROMPiIY SATISFIED AND ~ISCHARGEO OF ~ RECORD AND THE ORIGINAI OFPICIAI DOCUMENT (SUCH AS, fOR !YSTANCE, THE TAX RKEIPT OR t11f SATISfAC7lOM P/1pER OFfIC1AllY ENDORSED f OR CER11f1E~) SHAII 6E PIACED IN THE HANOS OF SAIp MpRTGAGEE WITHIN TEN DAYS NEXT AfTER YA1(MENT; ud in tFM ~vent th~t Nty thereof is not p+id, sat:sfied and discharged aa:d MORTGAGEE may at any time pay tht s~rne or ~ny part thereof witFavt waiviny a affectinp a~ option, iiM, ~i1y a •pht unde~ or by virtue oi this mortyaye and ~hs fuU amovrtt of ex1~ ~nd every wch piyment ihsll be Nnmediately dw and p~yabk a~+d shall bsar interest From the d~te thereof until paid at rate of n~ne psr c~n ~ aneMnn w~th uxh interest ihall be secwed by the lien of th:s mwqta9e. 6UQK ~;,1~ PkGf ~ ~ ~~~C7 _ t~<< L. = _ _