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Home My WebLink About0509 23'7621 ~ ~ THIS IN~ENTURE, n~da ~t,~ 6th d+y of September p,D. 1972 „~nNea, Wayne Construction Company~ A Florida Corporation of St • LLIC ie Covnry Flaida, h~~einaftet desg~ated as the "MORTGAGQR;' and FIRST FEUfRAI SAVINGS AND IOAN ASSO~IATION OF FORT PIERCE, • corpaation w9a~i:ed and exis~ing under th~ Isws of ths United S~aws of America and Mvinp its principa! placs of ~ businass i~ tM Ciry of fort Piace, St. lucis County, Flaids, hereinafter desiynated ss ths "MORTGAGEE:' WHEREAS tM MORTGAGOR is justly i~debted to ths MORTGAGEE in the sum of s 32 ~ S~ , good and lawfut money of thr United States ~dvanced by the MORiGAGEE unto the MORTGAGOR, as evidenced by a certain promissay ~ote of even date herewith, of which the followinp in words and iigurK is a trw copy, to-wif: = 32, 800.00 ~,i, 10018779 ~o,, P;e.~e, Fi«;d,, _ September 6, 19 72 fw value received, I, we w either of us, promiu to pay, without defalcation, to the order of FIRST FEOERAI SAVINGS AND IOAN ASSOCIATION OF ~ FORT PIERCE at Fwt Pierce, Fbrida, the sum of s 3~ 8~Q . with interest from date at the rate of 7• 5 96 per annum, in monthly instaU- 243 00 lst Januar 7'3 men?s as follows: I • on the day of y , 19 and a like sum on the correspondfnp day of each rtw~th there- after ~ntil the whole be fully paid. Each irtstallmenf firsl shal! be appli~d in payment of the interest and then on the ~npaid balance of the princ~pal sum. If d ault is made in the pavment of any in~tallmem when due, and such default continues 30 days, then at the option of the holder, aod without any other not~ce, al( the remaining v ~nstallments shall be due and payabte at once. Privileye is given to prepay this note in whole w in pa?t ~t any time without penalty. Neithc~ torebearence, v IZ is t nor acceptance by the holder thereof after any default in sny peyments hereon, shall be deemed extensioe~. A late payment charge of S! , shall be V added to each installment remaining unpaid 7 days after its due date, and a like sum shall be added to each such instaltment remaining unpaid 7 days after i ~v each aucceeding payment date. , EacF? maRer, surety and endorser hereof, join?ly and severally, waives dcmand, presentment protest and notice of protest fw nonpayment, and furtF~ agrees to any extension of time of payment, either before w after maturity, without ~olice to any of us; and to pay all costs of collection, incl~dinp a ` reasonable altwney's fee in the event of any default hereunder, and hereby severalty waives all beneiit of homestead and exemption unde~ the constitutio~ and laws of each State of the Unired States, as against this obl~gation w any eztens~on or renewal hereof. WA~B CONSTR L~TION COMPANY 1 Witneu the hand and seal of each party. ~ BY: S/Wayne U. Sines. President ~Au cs~?u Corporate seal affixed p~~T: S/Patricia A. Sines~ Secretarv~~y Treasurer ~ ~ ~ $ 49 . 20 ~ state Rever~ue ~ NOW, THEREFORE, the MORTGAGOR for the r pu pose of securing p~yment of ssid sum of S 32 s 8~ , and the performance of ths . covenants ar+d agreements hereinafter exp~~ued, a++d for divers 9ood and valuable consideratip?s, by these p?esenri, does grant, bar9ain, sell, remise, \ ~ releasa, coovey and confiim unto the MORTGAGEE, iri succeuors and auigns, all that cenain bt, piec~ q parcel of land, situate, lying, and being in ths County of S t. LUC le a~d Sute of Florids, de~cribed ~s follows: ~ Lot l, Block 16, SURRSIDE TWO, as per plat thereof on file in Plat Book 11~ Page 8, recozded in the public records of St. Lucie County, Florida. ~ aF F~O~-?~DA! o~ ~ OOCUMENTAR1f TAMP iAX ~ DEPi.Oi REIIENtlE ` ~ y~ e j~ ~ SEP-r~! ~ 4~. Z Y~ ~ iN PAYMEN~ OF TAXES - Q tlt ~ iEhf_ Ot1 CIASS'C' F1iiNX'si83.[ °E~~~ pROPERIYe • A p1lRSlM1~fT ZO ~~•i~~ S 4F 17N1. p~ ~ I ~~pKt oourt~ 51. tuc~ oo. ~u ~ ~ I . 5 togefher with aN end singular the tenemenls, hered;taments and sppurtsnces the?eunro 6elonginq o~ in ~nywise appertai~irg therefa, aod all rtnb, iuws, proceeds and profits ~ccruing and to acave from ssid premises, all of which sre incl~ded in the ~bovs a~?d fweyoirg dtscriplio~ and h~bendum. TO HAVE AND TO HOLD the above described snd gr~nted premisea umo tM s~id MORTGAGEE, +ts uxceuws and ~uiyns fwever. Md tM s~td MORTGAC~OR fQr 1~ Fxirs, exetutas, administrators and sssigns, hereby tovenanri with fhe s+id MORTGAGEE, ib tuccesson ~nd aatipro, , rhat -lt 1S lawfully uiied of the said premiset in fee simplr, tlut the same ~re free, clear and diuharged f~an d) liens ~nd tntum~ brances in law or in equity, and that 1'C r,,;~~ itS hei» shal! warrant ~nd defend th~ titl~ b the same to tM s+W ± MORTGAGEE, its succeasors ~nd suigns, faever ag~inst the lawful claims ~nd demsnds of al) perwns; ; PROVIDED, AlWAYS tF~at if the MORTGAGOR shall p~y uMO the AMpRTGAGEE tM promisswy note hereinbefwe destribed and shall truly, promptly - ~ and fully perform, discharge, exttute, compkte, tompty with and sbide by exh ~nd every the stipulefiont, aprcernenb, cond'etiorq and tov~nanri of said promissory rate ~nd of this Mongage, then this Nbrtgsge and the Estate hereby veated iMll uas~ and be null ~nd void. ~ IT IS UNDERSTOOD th~t the wwd "Mort9~yor" whether ~n the singular w plural ~nywhere in this Mortg~ye, shall be sirgular if on~ only ~nd shall be plural jointly and seve~ally if mwe than one, ind th~t the wwd "their" ss used ~nywhere in this Mwtysge sh~ll be tsken to mean "his; ••'fien,'• : or "its;' whereve? the tontext w implies or admits. Also, that wherever there is s reference in the covena~n ~nd syreements herein contained to any of the panies hereto, the ~ame shall be ca~strued to me~n s~ well as the hein, legal representatives, successors sr?d assiyru (eitMr voluntary by ~t1 of th~ parties or involuntary. by operatan o~ the law) of the same and that the covenants he~ein tontained sh~l! bind ind ihe benefib and advantayp inur~ to the respective he'us, kgal representstives, sutcessors and asa~gns of the parties hereto. And said Matgyors, fw themselves and their hein, ley~l representatives, suueuors snd auiyns, hereby joiMly and ssverally toveiunt and ayree te snd with the said MORTGAGEE, itt successon and auigns: 1. To pay sll and sirgvter tlx p~indpal and inrrrest and the wriovs and wndry sums of ?noney payable by virtue of ssid promissory rate, ~~d tl~is mortyage, each and every, promptly on the d~ys respedively the same scverally becom~ due. 2. To pay all snd sirqula? the tsxes, suessmenn, levies. lisbilities, obligsYrons snd encwnbr~nces of every nature ~nd kind now on ssid desuibed property, or that hereafter may be impwed, suffaed, placed, kvied, or asseued thereon, or that hersafter may bt lev;ed p ~ssessed upoo this tAortp~ : age, w the indebtedneu secured hereby, each ~rd erery, when due and payable, scco.dirg ro law, before they become delirquem. ~nd before ~ny intK~s~ atraches or any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORO 1HE SAME SHAII SE PROMPILY SAT{Sf1E0 ANO DISCHAQGEO OF RfCORD AND THf ORIGINAL OFFlCIA! DOCUMFNT (SUCH AS, iOR INSTANCE, THE TAX REGEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and i~ the eveM thst any thereof is not paid, sat'sfied and discharqed u"d MORTGAGEE may at any time psy the same or any part rhtrtof withovt waiving or affectirg a~y option, lien, eqvity or •lyht under or by virtue of this mortgsge a~d the fu~l amount of each and every such payment shall be immediately due and payabk and shall besr interest ~rom the date thereof until paid at rate of nine per cenrum per annum snd together w~th such interest shall be secured by the I~~o~th:s moryta9e. i - _ _ _ BD~~ ~IGf _ ~ , - _ _ } _ _ _ ~ ~~~s".