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Home My WebLink About0775 ~ ~~s8~o THIS INDENTURE. Msde the 12th day of October A.D. 19 72 between Turn Key Builders, Inc , a Florida Corporation of St . Lucie ~p~nry Flwida, hereinafta designated as the "MORTGAGOR." and FIRST FEDERAL SAVINGS ANO IOAN ASSOCIATION OF FORT PIERCE, • co~poratlon orp+mzed and exi~ting under the laws of the tinited Stetos of Ame~ica and f1AYit1~ ~1i prin:ipa! plsce of busineu in the City of Fort Pierce. St. lutie County, Florida, hereinafter desi~nated ~s ths "MORTGAGEE:' WNEREAS the MORTGAGOR is luitly indebted to the MORTGAGEE in the sum of =23. 200.00 good and lawful money of the Un~ted States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promisswy ~ote of even date herewith, of wh~ch the following in wwds and figures is a true copy, to-wit: = 23,200.00 N, 10018923 Fort Pierce, Flaida, ~tober 12 19~ For value received, 1, we o~ either of us, promise to pay, without defalcat~on, ~o the order oi FIRST FEDERAt SAVINGS AND IOAtJ ASSOCIATION OF FORT PIERCE at Fort Pierce, Florida, the sum of s 2j + 2O~ w;~h interesr from date at the rate ot 7• 5% per annum, in monthly ins~all- ~nents as fo!!ows: i 172 . ~0 iSt day of February , ~9 73 and a like sum on the carespond~ng day of each month there- after until the whote be fully paid. Each installment first ahall be app!~ed in payment of the interesY and then on the unpaid balance of the p~~ncpal sum. If d auh is made in the Fayment of any installmenf when due, and such defau?t con~inues 30 days, the~ at the option of the holder, and without any othe~ ~otice, all the rcrosining ~nsrallments shall be due and payable at once. P~ivitege is give~ to prepay this note in whole w in part a1 any time without penalty. Neither taebearonce, nor acceptance by the hotder thereof after any default in any payments hereon, shal~ be deemed ex~e~s~on. A late payment charge of S 8• 6O shall be added to each installment remaining unpa~d 7 days after its due date, and a like sum shall be added to each such installment remaining unpaid 7 dayi after each succeeding payment date. ~ Each maker, surety and endorser hereof, joint~y and severally, waives demand, presentment protest and notice of protest fw nonpaymenL and funher ag~ees to any extension of fime oi payment, either i~efore w aiter maiuriiy, without nolicr 1o any oi ua; snd ta pay a!! tasts af co!!ettion, er.cls,rdirtg a reasonable attorney's fee in the event of any defau:t hereunde~, and hereby severally waives all benefit of homeslead and exemption undet the constitution and laws of each State o! Ihe United States, as against this obligation w any extension or renewal hereof. W~tness ~he hand and seal of each partY. TURN-KEY BUIl.pERS, INC. (SEAU , BY: S/ Robert R. Macl~ President ~A~~ Corporate Seal Affixed - ~~t~ csEat) ~ $34 , 80 t State Reveoue ZSaa~pt~+osN~a~k aw~t NOW, THEREFORE, the MORTGAGOR fo~ the purpose af teturing payment of ssid sum of = 23.200. 0~ and t?+e performence of the covenants and agreements herei~after exprcased, and fw divers good and valwblt considerations, by 1F?ese p~esents,. does grant, baryain, ~ setl, remise, reiease, convey and confirm unto the MORTGAGEE, its tuccessors and asaigns, all thet certain lot, piece w parcel of land, tituate, lyivg, aod beinp in the County of St . Ll1C 1Q end State of Florida, described a~ followt: Lot 3, Block 8, RIVER PARK, UNIT 1, as per plat thereof on fil¢ in Plat Book 10, page 69, of the Public Records of St. Lucie County, Florida j TA-~-~ oF ~ s~ MPQ~ f i `T DpCUMENIARY _ : ~ ~ ` cz o ~pt. OF REYENUf i ~ 3 a~ p O I j s~ cv {IGI ~~'i2 3 ~ ~ n o ~ P.L ~ _ ~ 02 - ~ IN Pl1YIAE11~ OF TIO~ ° RE~ DUE 011 ClA~S 'C INTAN61BlE PERSONAL PRO?ERIY~ PURSIIANf TO ~~R 7~RRAS S OF 1911~~ <f/ qFJiK C~ ST. WCI~ 00, flA rogethe~ with all and singular the tenements, hereditamenri +~?d appurunces thereunto belonging w in anywise appen+ining thereto, and a0 nntt, iuves, proceeds and profits accruing and to accrue from ssid premisei, all of wFi~ch ue included in the above and forepoiny desuipYan ~nd hsbendum• TO HAVE AND TO HOLD the above dewibed and graMed premises unto the taid MORTGAGEE, its successon ~nd assiyns forever. Md tFN s+id MORTGAGOR for heirs, executas, administrstors a~d auigns, hcreby covenants with the said MORTGAGEE, iri sutcessorf ~nd +stiyns, that i t i S____ ~awfully seized of the said premises in iee simple; tMt the same are frse, ckar and discharged from all liens ~nd encwr~ branccs in law or in equity, and thar 1 t W~~~ a~ 1 t S hein shall wursnt and defend tha title to the same to the ~aid ~ MORTGAGEE, its successas and auigns, forever against the lawful claims and demands of all perso~; PROVIOED, ALWAYS thst if the N40RTGAGOR shall pay unro the MORTGAGEE the promissory note hereinbefae described and shall fruly, promptly and fully perform, discMrge, execute, complete, comply with and abide by esch and every the :tipufstio~s, ayreemtnts, conditions and coven~nts of s~id ~ promissory note and of this Mortgage, then thit Mortgage and the Estate hcreby aested shall cesse ~nd be null and void. ~ IT IS UN~ERSTOOD tha~ the word "Mottgagor" whether in the s~n9ular w plunl anywhere in this Mottgape, shall be singvlar if one only and shall be plural jointly and severally if more thsn one, and that the word "their" as used anywhere in this Morty~gt shall be tsken to mean "his;' "hen," or "its;' wherever the context w implies or admits. Also, that wherever there is a refererxe in the coverunn and sgreertr_nb herein tontained to any of the parties hereto, the ssme ihall be construed to mes~ ss well as the heirs, legal rtp~esentative~, successors +nd a~sgns (either voluntary by act of the partid o~ involunury by operation of the law) of the same and that the covenantt Fxrein conuined shsll bind and fhe benefits and advantayes inure to the respective heirs, legal rep~esenta?ives, successors and su~gns of the psrtie~ hereto. And said Mortgagors, for themselves and their hein, ley~l rep?esentatives, successon snd assgns, hereby jointiy snd severally covenant a~?d syree ~o and with the said MORTGAGEE, its successors and auigns: 1. To pay all and sinyular the p~irKipal snd interest and the var'aus and s~ndry sums of mor?ey payable by virtue of said promissoty note, and this matgage, each and every, promptly on the days respectively the ssme severally become due. 2. To p+y all and •ingutar the taxes, assessments, leviei, liabilities, obliy~tions and encumbrances of every natvre snd kind now on said described property, w that he~esfter may be impo~ed, suffered, placed, kvied, w ~uessed thereor?, or that heresiter mey be levied or ~ssetsed trpo~ this Mort¢ age, w the indebtedncu secured hcreby, each and every, when due snd paysble. ~ccording to I~w, before they become delinqveM, and before any interat anaches w any penalty is incurred; AND INSOFAR AS ANY TMEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISFIED AN~ DISCHARGED OF RECORD AND THE ORIGINAL OFfICIAI DOCUMEt~T (SUCH AS, FOR INSiANCE, THE TAX RECEIVT OR iHE SA115FACTION PAPER OffIC1AlLY ENOORSE~ OR CERTfFIED) SHAII BE PLACEO tN THE HANDS Of SAID MORiGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the event thaf any thereof is not ~ paid, sat"sfied and discharged sa'd MORTGAGEE msy at any time p~y the same or any part thereof without waiving a affecting •ny opYwn, lien, equity w .~aht under w by virtve of this mortgage and the full amount of each u+J every such payn~ent ~hall be immediately due and pay~ble and shall bear interest ~rom the date thereof until paid at rate of n~ne per centum per ann~m and together with svch intereit shsll be secured by Ihe lien of th:s morptaye. BOGx ~O / PACf