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Home My WebLink About1561 238382 ~ TH15 INDfNTURE. N4d~ rhe 18Lf1 d,Y ,f Septemb~r ~ , A.~. 1972 ~ batw~en _ ~ •Kellv Construction Comnanv, a Florida CorRoration o} SL . LI1C1@ C~nty fiwid+, hereinafte? desi9nared ~s the "MORTGAGOR," and FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, ~ co~poration wganized ~nd existiny unda ~he laws of ths Un~ted Stat~~ of America and havinp its principa) pl~ce of busin~u in tM City of Fwt Pierc~, St. lutis County, florida, hereinafter despnated ~i tM "MORTGAGEE:' WHEREAS ths MORTGAGOR is justly i~debted to the MORTGAGEE in the sum of =28+000•O0 , gopd and law(ul money oi thc Un~ted States advanced by tAe MORiGAGEE unto the MORTGAGOR, as evide~ced by s certain promiuwy note oF even date herewitF, of wh;th 1F~e followinp in words and figuret is a trw copy, lo-wit: s 28,~ 000. 00 r,~, 10018830 fort Pierce, Fforids, September 18L, 19 ~2 Por value received, 1, we w eilher of us, promise to pay, without defalwlion, to the ordcr of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OP ~ FORT PIERCE at Fat Pierce, Florids, the sum of S 28 ~000 • with interesl from date at the rate of ~a~46 pe~ annum, in ma~thly irtttal4 ' r.,ents as follows: S 207•0O on the lSt day of January , ~9 73 snd a I~ke sum o~ the cwrespond~ng day of each month tM?r ~ after unti! the whole be fvlly paid. ` Each installment first shali be app~ied in payment of ths inte?est and then on the unpaid balance of tF~e princ~pal sum. If d auit is made in ths payment of any installment whe~ due, and such default coNinues 30 days, then at the option of the holder, and without any other notice, alf the remaining ~ ~~~sfattments shall be dve and payable at once. Privilege is given to prepay this note in whole o? in psrt a? any t~me without penalry. Neither faebearance, ~ nor accepfance by t{x holder thereof aiter any default in any payments hereon, shall ~ deemed extension. A late paymenl charge of =~0 • 35, shal) be added to each instaltment remaini~g ~npa~d 7 days after its due date, and a like sum shall be added to each such installmer~t remaininy uopaid 7 days ~ftar - ' . each succeeding payment datp. • fach maker, surery and endase~ hereof, jointly and :everally, warves demand, preaentment protest and notice of protest to? no~payment, and further agrees to any eate~sion of time of payment, either before w afte~ maturity, without not~ce to any of us; and to pay all coits of collection, includirg a reasonable attorney's fee in the event of any defauh hereunder, and hereby severally waives al! bertefit of homestead and exemption under the constitution ' a~~d laws of each State ot ~he United State:, as aga~nst this obtigation w any eztens~on a renewal hereof. w~roess the band a~d ua~ of each party. KELLY CONSTRUG~'ION G~OMPANY BY: s/ Kelly Ha1Z, President a ~ ~at) ~ ~ Corporate Seal Affixed ~Ai~ ~ ,542.00 ) state Revenue ~U fSbOipt ~~7po~f91fi~ 11W!) NOW, THEREFORE, the MORTGAGOR fw the ur ng pay • , and the perfwmance of ths p pox of seturi ment of said sum of = 28 00O • covenants and agreements hereinafter e~cpressed, and for dirers good aod valuabte considerations, by these present=, does granf, baryain, selt, remise, retease, convey and confirm unto the MORTGAGEE, iri iuccessws and suigns, all that cer4in lot, piete p parcel of land, situate, lying, and beinp in the County of $t. Lt1C1@ and State of Flerida, dewibed ~s fotlows: w + Lot 9, Block 2, ORANGE BLOSSOM ESTATES, SECOND ADDITION, SEOOND PLAT, as per plat thereof on file in Plat Book 16, page 14, of the Public Records of St. Lucie County, Rlorida, _ FL..ORIDA~ t~xa - ~ S {N Pp~~ p~~Rl'1~ = STATE ~ DOCUMENTARY StA____Mp 1~ k~ ~ ~p ~--~~~~~g~E PE~ "z ' .1 RECE~ ~S IN~~ j_13~. ~ZS Of 1911. 'r pEpi.OF REYENUE .r . + - ^ sc,~~~,:~ _ . ~ 4 2. 0 0 1 ~sunn< c"`~~~ ro,-nus ~ , ~ o - ?a f ~Qt, st. ~ o0 ^ ~no2 ~RI~ 0 i rogether with all and singular the tenemcnts, hereditaments and appunances thereunto belonging or in anywise spperbining therero, and all ~ents, iuues, ; proceeds and profitt acuuing and to accrue from ssid prcmises, all of wFirch are incl~xled in the above and foregoir+g description u+d Mbendum. ; ?O HAVE AND TQ HOLD the above described snd granted premius unto the said MORTGAGEE, its successon and ~uip~s forever. Md tl~t said ' MORTGAGOR for 1 t S-__-- he~rs, executws, administrato~s and assigns, hereby c+ovenants with the sa+d MORiGAGEE, its suaeuors ~nd usiqm, ~ that - 1 t 15 ~awfutl seized o/ 1he seid y prtmises in fee simple; that the same ua free, clesr ar?d diuhsrged from all liens ~nd enc~ brances in law o~ in equity, and thar 1 t wil! and 1 t 5 hein shall wa~rant and defend the title to the same to the s~id ~ MORTGAGEE, its successors sod suigns, forever sgainst ti~e lawfut claims and demands of sll penona; PROVIDED, ALWAYS that if the MORTGAGOR sMll psy u~to the MORTGAGEE the prorri~ssory note hereinbefwe detcribed snd shsll trvly, p~omptiy and fully peiform, d~uMrge, execute, compkte, comply wirh and abide by each and evcry the siiptrlitions, agreements, conditiw?s and covenanb of s~id prom~uory rate snd of this Mongage, then this Mortgage and the Estste hereby uested sMll cesse and be ~~II ~nd void. IT IS UNDERSTOOD that the word "Mortgsgor" whether in the singulsr w plural ~~ywhere in this Mortgsye, shsll be airgular if one only and ! shall be plural jointly and severally if more tiwn one, and that the word "their" as vted anywhere ir this Mongag~ shall be taken to mein "hi~;' "hsn," or "its;' wherever the context w implies w admits. Alw, that wherever there is ~ eeference in the covensnts and sgreements herein contained to any of the partiea herero, the ssme shall be construed to mean as well as the heirs, kgal representativet, suctessors and assigM (either votuntary by att of the ' oarties or involuntary by operat"an of the !aw) o~ the same snd 1F~at the covenants herein contained shall bind and the benefits ~nd adv~ntpes inurt ro the respettive hein, kgal represe~tatires, wccessors and au~gns of the parties hereto. And said Mortgsgors, fw themselves and thei~ heirs, legsl ~epresenqtives, successors ind auigns, hereby joinlly and severally covenant and apree ro snd with the said MORTGAGEE, its successws and assigm: i. To pay dl end :ingular the principa! and interest and tbe wribus ~nd sundry swns of money payable by virtue of said promitsory note, and thia mortgsge, esch end every, promptly on the days respettively ffie same severally becoms due. 2. To pay ~II and singular the tsaes, sssessmenn, levies, lisbilities, oWigaYwr?s snd encumlxa~xes of every natwe and kind rww on said described property, or that hereafter msy be imposed, suffered, placed, levied, a assessed fhereon, a t1?at F?ere~ftar may be kvied p usessed upon this Mort¢ age, a the indebtedneu secured hereby, esch and every, when due and payable. ~ccwding to law. before they become delinqueM, and befw~ ~oy interest ~ jttacFus o~ any penalty is incurred; AND INSOFAR AS ANV THEREOF IS Of RKORD THE SAME SHAII BE PROJNPTIY SATISf1E~ AND UISCHARGED OF ! RECORD AND THE ORlG11VAL OFFICIAL DOCUMENi (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED OR CERTIf1ED) SHAII BE PIACED IN THE HANDS Of SAIp MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; ~nd in the event thst any thereof is not ~ paid, saY~f;ed ~nd discharged sa:d MORTGAGEE may ar any time pay the ~ame a any pan tbereof without waivinp or sHecting any option, lien, eqvity or I ~~qht under w by virtue of this mortgage and ~he f~ll amou~t of e+ch and every such payment shall be immediately d~e and payabte and shall bear intere~t ' ~.om the date thereof until paid at rate of nine per cemum per annum and together w~th such in/ere~ ~all ured by fhe lien of th:f moryNQe. eoo~~~ ~AcE~.`~5~ . . , <~,r ~ ~ ~