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THIS INDENTURE, Mad~ the ~Yd day of ~CLOber - A.O. 19 72 Mtw~en
' Kellv Construction Comaanv, a Fiorida Cor[~oratien
of SL . L.t2C.1@ CWnry Florida, Mreinafter d~signated as tM "MORiGAGOR," and FIRST fEDERAI SAVINGS AND IOAN
ASSpCIAT10N OF FORT PIERCE, ~ cwporation orqanized and exiitinq under tM lann of IM United St~tts of Ama~ic~ and havinp ita principal plac~ of
busin~u in ~h~ Ciy of For1 Piace, St. lucis County, Flaida, hareinafte~ dei~ynated ai tM "NWRTGAGEE:'
WHEREAS tM MORTCsAGOR is justly indebted ro ths MORTGAGEE in the sum of ; 28 ~ OOO. 00 , 9~ and lawf~l money of the United
S~ate~ advanced by tM MORTGAGEE unto the MORTGAGOR, as evide~ced by a certain promissay note of eve~ date harewith, of which ths followinp in
words and fiyuref is • frw copy, lo-wit:
= 28,000.00 r,~, 10018879
` ~ P~,~, October 3 .1972
For v~tue received, 1, we or either of us, promiu to pay, without defalcation, to Ihe order of fIRST FEOERAI SAVINGS AND IOAN ASSOCIATION OF
; FORT PIERCE at Fon Pierce, Flwida, the sum of i 28 ~ 00~• ~0 w;th i~terest from date at ths rate of 7• S% per annum, in monthly insul{-
, ments ~s follows: 3207 on ~he15L ~y of February ,~9 73 snd a I~ke sum on Ihe cwrwpond~nq day of exh month therr
, after until the whole be fully paid.
• Esth installment first shall be applied in payme~t of the intereit and tFen on fhe unpaid bslance of the princ~pa) sum. If d ault i~ mads In the
t payment of any in~tallment when due, and such default cont+nues 30 days, then st the option of 1he holder, and without any other notics, all the remsining
; ~nstallments sh~tl be due and payable at once. Privitege is given to prepay this note in whole or in p~rt at any time without pe~alty. Neither fwebearance,
, nor acceptance by the holder thcreof after any default in any payments hereon, shall be deemed extension. A late paymenf cMrge of ls
0-,35 :hall be
added ta each instaNment remaining unpaid 7 days af1e~ ita dus date, snd s like sum shall be added to each such installment remaining unpaid 7 days aftcr
• ~ each succeeding payment date.
~ Eath maker, aurery snd endorser hereof, jointly and severally, waives demand,~prexntmem prote:t and notice of protest for no~paymenf, snd funher
agrees to any extension of tfine of payment, either before or afrer maturity, without not,ce to any of us; and to pay all costa of collection, including a
reasonable attorney's fee in the event oi any detauh hereunder, a~d he~eby severslly waives all benefit of homestead and exemption u~der the tonstitutwn
and Iaws of each State of the United States, as aga~nst this obligation or any ex~ensioo o? renewst hereof.
w~tness the hand and seal of e+ch party. KELLY CONSTRIICT ION COMPANY
't BY: ~ Kellv Hall~ Preside~,t ~U
Corporate 5ea1 Affixed cs~?~~
~ (SE~U
4 $42' ~ ~ State Revenue ~U
. f5ts,~pssw+wll~d~aaoef~tust~ts3
NOW, THEREFORE, the MORTGAGOR for the r 28 , OOO. OO perForm,ncs pf tM
pu pose of securing payment of said sum of = ~
covenants and sgreementi hereinafter expre:sed, and fa divera good and v~lu~ble consider~tions, by these pretents, dws g~ant, baryain, sett, remise,
release, convey and tonfirm unto the MpRTGAGEE, iri successors and auig~s, ell that ccrtain lot, piece w psrcel of land, situat~, lyinp, a~d beinp in ths
Counry of St . Luc i e and State of Florida, dewibed n follows:
Lot 2, Block 8, ORANGE BLASSOM ESTA'TES, SECOND ADDITION, SECOND PLAT, as
per plat thereof on file in Plat Book 16, page I4, of the Public Records
of St. I.ucie County, Florida,
r ~ STATE ~F ~I..ORI[JA ~
~ OOCUMENTARY .•..~~,S~,tAMP ~ A X 1 r- / irf
°c~ i°' Pi.Oi REYENVE r' - t R~E~ IN PAYA1ENT Of TAXES
D.:f G~iJISS 'C• H1TMG~gIE PENSOR~iL Y:.0=E.21~,
o _ fs." fiCT 1= • " ~ ~ ~ rI1RS'WWT TO CWIPTER 71-13~, ACiS OF 19I1.
= ~~~02 ~ ROfER POfTRAS
~ CtERK CIRCII[1' OOURT, ST. LUCIE pp, FUt
?ogether with sll and singutar the tenemenu, hercditaments and ~ppu?tances there~nto belo~gir?y w in anywise ~pperfaininp tl~ereb, ~nd ~11 rtnq, Fstws,
prot~eds ~nd profiri xauing anA to accrue from ssid premises, all of which are included i~ the ~bove and fOrepoirg dtKriptiotl and Mbendum.
TO HAYE AND TO HQLD the above dewibed and 9ranted premises unto tM s~id MORTGAGEE, ib successas snd ~uiqro fw~w?. Md th~ uid
MORTGAGOR iw lt5 hehs, executon, administr~twa and usgns, he.e6y covsn~nts with the asid MORTGAGEE, iri wcc~swn ~nd aaipm,
shst lt is I~wfull seizcd of the said
y premises in fee simple; that tFK same ~re frse, ck~r and dischup~d fran ~II li~ns and ~ncum-
brances in Isw w in eqvity, end that 1 t w;il and 1 t 5 hein shsll wartant and defend the titk to tM iam~ fo th~ s~id
MORiGAGEE, ib succeuors and auigns, forever againsf the lawful claims and demanda of perwns;
PROVIDFD, ALWAYS that ii the MORTGAGOR shall pay unlo tM MORTGAGEE the promistory note Mreinbefon desvibed and shsll truly, promptly
and fully perfwm, discharge, execute, complete, comply with and sbide by e~cF~ ~nd every the stipub?ions, a~reements, tonditiau ~nd covtnanq of uid
promiswry note ~nd af this Mwtgage, then thii Mortgage and the Estate hereby veated shall ceas~ and be nvlJ and void.
IT t5 UNDERSTOOD that t!?e word "Mwtgagor" whether in the ~ingular or plwa! anywhe~s In tbis Morty~e, shall b~ ainpul~r if one only and
shall be plur~l iointly and ~ever~lly if more than one, and that the wwd "their'• ~s used a~ywhere in this Mon~~ sh~lt be taken to mean "his:••'htn;,
w"its;' whe?ever the tontext so implies a admits. Also, tMt wherever there is a r~fcre~ce in tM tovenantt and a~reements herein oontainsd to arty of
rhe parties he~eto, th~ s~rne shall be construed to me~n as well as the heirs, ley~l r~presentatives, a~ccesson and assigm (~itF~ vdunary by ~ct of tl+~
parties a invdunt~ry by operation of tlx Isw) of the ssme and that fhe covena~ri herein cont~ined shall bind and th~ benefin a~+d advantayes irwr~
to the rsspective Min, 1e9s1 representariva, succeswrs and au~yns of the pa~ties heieto.
Md saFd Mortgagon, fa themselves and tF~ei~ ?xin, legsl repreient~tives, succeuors and aisiyru, hersby jointly and ssver~lly covenant ~nd apree
to snd with tM said MORTGAGEE, its successas and auigm:
1. To psy ~II ard sirgular the principal and interest ~nd the wrio~i and wndry sums of moneY paYable by virtue of said promissory note. ~nd tMi~
mwtgaye, esch and every, promptly on the days respectively the same sev~rally becarw dw.
2. To pay all ~r~d sinyular tFie tsxa, assessments, levies, l;abilities, obl;gatiora and encwnbr~nces of every r?~ture ~nd kind now on said dewib~d
propKty, or that heresher may b~ impased, suffered. Pl~ced. lev'ied. a ~ssesiad thereon, w tl»t hereafter may b~ kvied w asse~sed upon this Morty~
+ys, a tM lndsbtedneas secured hereby s+ch and every, when due and pay~bte, sccordinp to law, before tFKy becane delirpvent, and befw~ any int~res~
attaches or sny penalty is inturred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROJNPiIY SATISFIED AND DISCHARGED OF
RECORD AND THE ORIGINAL OffICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFFfC1ALlY ENOORSEO
OR CERTIFIED) SHAII 8E PiACED IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFiER PAYMENT; and in the event 1Mt any tl?ereof is not
paid, saYsfied snd discharged sa:d MORTGAGEE may at any time pay tF+e same w•ny psn tF+ereof without w~iviny w affectirg any option, lien, equity or
•iqht ~nder w by virt~e of this mortgage ar!d the full amount of each and every s~,~ch payment shaN be immediately due and payabb ind shalt be~r inferqt
~•om the dats thereof until paid at rate of nine per cenlum per annum and toye?her with ivch interest fhall be secured by fhe lien of th:s mwyfape,
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