HomeMy WebLinkAbout1817 THIS INpENTURE, Made the ZOth dey of `June A.D. 19 72 between
HARRIS CONSTRUCTION CORPORATIONi a Florida Corporation
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of St• 1'l1Ci@ County F~w~d+, he~ei~after deignated as the "MORTGAGOR:' and FIRST FEOERAL SAVINGS AND IOAN '
ASSOCIATION OF FORT PIERCE. + corporaiion wp~ni:ed and exitting under ~M iawi o( tAs Un~ted Sratos of America a~+d Mv;np in princ~pal pl~c~ of ~
busineu in the City of Fort Piac~, St. lucie Covnty, Florida, hereinafter desiynated ai tF» "MORTGAGEE:' ~
WHEREAS Ihs MORTGAGOR is ju~tly indebted 1o ths MORTGAGEE in ths sum of = 13 ~ 4~ ~ 0~ , good and lawful money of the Un~ted
Siaret adranced by the MORiGAGEE unto the MORiGAGQR, as evide~ced by a cer~a~~ promiuwy ~ote of evc~ dare herewi~h, of wh;ch !ha foUowirp in
wor13and_ (~gure~ a trw copY. rowit:
f ~4W. r,~,_3-18,489
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Fwt Pierc~. Flor~da, `~utl~ 20 • 19 72
Fw value received, 1, we or either of us, p~om~se to pay, without defalcation, to the order of FIRST FEDERAt SAVINGS ANO tOAN ASSOCIAT(ON OF
~ FORT PIERCE at Fat Pierce, Fbrida, the sum or s_ I3~400 w;th interes~ irom'date at the rate of 7• 5% pe~ an~um, in monthly install-
~ ~nen13 as fotlows: S 108~~ on the ISt day of ~tober , ~9 72 and a iitce sum o~ the cor~espond~np day of each month therr
afrer until the whole be fully paid.
Each installment first shall be applied in payment of the interest and ~hen on the unpa~d balance of the p~inupal sum. If d ault is mads in the
F:atmem of any insta~~me~1 when due, and such default cootinues 30 days, then at the opt~o~ of the holder, and without any other notice, aR the remainioy ~
:ns~allmrMS shatl be due and payable at once. Privilege i~ given to p~epay this oots in whole w in part at any t~me without penalry. Neither fwebearsnte, `
nor acc ~ante b the holder thereof after an default in an ments hereon, ahall be deemed e:tension. A late g~
~P Y Y Y PaY paYme+?t char of i-~a~--. shall be
Y added to each insfallment remai~ing unpa~d 7 days after ifs due date, and a like sum shall be added to each such installment ren:aining unpaid 7 days ~fter
each s~cceeding payment daro.
' Eacfi maker, surety and endo~ser hereof, jo+ntly and severally, waives drmand, p?esentment protest and notice of protesf fo~ no~payment, and funher
a~rees to any ~:tension of time of pay,nent, either before or aSter maturiry, without ~ot~ce to any of us; and to pay all costs of collection, including •
r~•asonable a~~orney's fee in ~he event oi any defau(t hereunder, and hereby severaHy waives a~l benefit of homestead and eaemption under the constituYan
a~~d laws of each Sfate of the United States, as againat this obligation or •ny extension pr renewal hereof.
w~tn~s the hand and sea~ of each Part~. HARRIS CONSTRL~TION COR~ORATION
S azel J. Harris. President ~AU
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' S/Franklin A. Harris~ Secretarp~U
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( ~ State Reven~e
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r' NOW, THEREFORE, the MORTGAGOR fw the 13 4OO OO
purpose of sec~ri~+g paymeM of said sum of S • • and 1M perfama~ce of tM
covena~ts u+d agreemenrs he?einafter expressed, and fw divers good and velvable considerations, by these prosenb, does ~raM, bsrqain, setl, temise,
~ ~ release, convey and confirm unto the MORTGAGEE, iri s~ccessors and suigni, all that cert~in lot, piece or parcet of (snd, :ituat~, lying, and beinp in ths
`a~~y ~ $ t. Luc ie ~nd St+te of Florida, dexribed as follows:
Lot 3, and the North 5 feet of vacated alley adjacent on South side ~
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of said Lot 3~ all in Block 4, HILI.CREST SLBDIVISION, as per plat '
- thereof on f ile in Plat Book 4~ page 41, recorded i~ the public re-
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cc.~rds of St. Lucie County~ Florida. ~ ~
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P.B. ~ 9o i ~ ° OIE ON t~s 'C INt ~ i '
AMGIBlF PF:tSOfiA~ ~q~y~ s
PURSl/~M1 TO ~`E~~POITRA~s OF l9)l. :
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CtFR[ GRiGl1~ l)OURT, Si t!!CE 00, ~ ~
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' together w;th all snd singular the tereertKnts, hereditsments snd appurt~nces thereunto belonyiny a in anywise ~ppertaininq thersto, aod all renb, iuws,
proceeds and profits acuuinq snd to acvue from said premises, all of which ue included in the above snd faegoi~p dexription ~nd haber~urn.
TO HAVE AND T HOLD the ~bove desuibed and yr~roed premises unto the said MORTGAGEf, ib sutcesson a+~d ass'gm fwev~r. Md th~ said
MORTG/~ R,fa ~ts Fxin, executon, administnto~s and assigns, hereby covsn+nn with fhe said NIORTGAGEE, its sucuswn and assipro,
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rhar 1 3'S - I~wiuHy se~zed of the said premises in fee simpte: that tl?e s~me a?~ fr~, clear and discharyad fran all I'~era and Mcw~?
brances in Isw or in equity, and that it will and it5 heirs shall warrant and defsnd the title to tM sarra to th~ said ~
MORTGAGEE, its successors snd ~ssigns, faever sg~irut the (awfvl claims and demands of all perspq;
, PROVIDED, ALWAYS th~t if the MORTGAGOR ahall p~y unto the MORTGAGEE tF~e promissory note he?~inbefore d~scribed u+d sMil tr~ly, promptly ~
ar+d fully pe?form, dixMrge, execute, compkre, comply with and abidr by e~ch ~nd every the stipulatioro, +greemer?n, wndiYpns and coven~nb of s+id
Fromiasory note +nd of this Moregage, then this Mwtyage and the Est~te hereby aeated shall ceas~ and be null uid void.
IT IS UNDERSTOOD that the word "Mort~sgor" wF+ether in the i~ngular or plunl anywhere in this Matyage, ihall be sinpular if on~ only ~nd
shall be plural jointly ~nd severally if more th+n one, snd thet tF~e word "the;r" a~ used anywher~ in fba Mortp~ ahsll be taken to mea~+ "his," "hen;'
or "itt;' wficreve~ the co~te~t w implies w admits. Alw, tMt wherever there is ~ refererx~ in the covsnann and a~reemenb herein cont~ined to any of
the parties hercro, the same shsll be construed to mean ss well as the hein, 1e9a1 r~presentatives, wcceaswt and auiyra (eitF~er volun~ary by act of th~
parries or involuntary by operarion of t!ro taw) of the s~me and ~hat the coven+nts F?erein cont~ined ~h+ll bind and tht b~r?tfits and advantapes irwr~
ro the respective hein, leyal representatives, wccessoa and ass~yns of the parties fiereto.
Ar?d said Mwtgagors, fw themselves ~nd their hein, kgal represer?tatives, wccessors and assiyns, hereby jointly and sevNalfy covsn~nf ~nd ~Qrts
ro and with the said MORTGAGEE, its succestors and auiQro:
1. To pay all and si~ular the prFnc;psl and intcrnt s~d ti~e variovs ~nd sundry sums of maneY paYable by virtue of said promissory note. ~nd tFin
mortg+~e, each ~nd every, promptly on the days respectively ~Fw ssrt~e severally become du~.
2. To psy ~II ~nd singvlu the tsxes, assessmenri, levies, liabilities, obliy~tiom ~nd sncumbrar+tss of every n~tvre ~nd kind ~aw on sa+d deiaibsd
Property, or tMt hereafter may be impored, suffered, plxtd, kvied, a ~uessed the~son, p ti+~t hereifta may b~ kvi~d or asseas~d upon tha Morl¢
age, a the indebtedneu secured hereby. ~~ch ~nd every, when due ~nd payabk, accadinp to I~w, befw~ they becornt dslinqusM, and befwe se?y interat
artaches or sny penalty is inturred; AND INSOFAR AS ANY iHEREOF IS Of RKORD THE SAMf SHAL! 8E PROMPTLY SATlSFIED ANO DISCHARGED OF
RECORD AND THE ORIGINAL OFFICtAI ~OCUMENI (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICIAtLY ENDORSED
OR CERTIFIED) SHAII BE PlACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event thst ar~y M~ereof is ~ot
paid, sst:siied and dischsrged sa:d MORTGAGEE may at any time psy tFfe same or any psn thereof without w~iving p affedirg a~7/ option, lien, puity a
•~qht under w by virtve of this mortgage and the full amount of each and eve?y suth psyment sh~ll be immediately due snd psy~bk and sMll besr interest
~rom the date thereof uMil p~id st rate of nine per centvm per annum and toyether w~th such imerest iha!! be secured by the lien of th:s morptaye.
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