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HomeMy WebLinkAbout0082 241552 ~ TH~S INDENTURE. Marle the 3rd day of Noveober A.p. 19 72 ~~w~~ Sunshine Mobile Hoae Park, Inc., a Florida Cozporation _ of St. Lucie ~~~~y Florids, hereinafter desgnared as the "MORTGAGOR," and FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, s corpaation orysnized and existing under Ihe laws of the United Statat of Ame~ica and having its principal pi~ce of bvuness in ths City of Fort Pierce, St. lucie County, Florida, hereinafter designated as the "MORTGAGEE:' WHEREAS the MORTGAGOR is justly i~debted to the MORTGAGEE in the sum of S 1~ ~ 2~'~ . good and lawtul money of the Un:ted Srates arlvanced by the MJRTvAGEE unlo ~he MORTGAGOR, as eviderxrd by a certai~ promiuory note of even date herewith, of which the foitowing in words and figures is a trve copy, to-wit: ; 1~.200~00 10019019 Noveaber 19 fwt Pierce, Florida, fw value received, 1, we w e~ther of us, promise to pay, without defalcation, to the order of FIRST fEUERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fwt Pie+ce, Florida, the sum of S 17 ~200'~ - w;~A ;n~erest irom date at fhe rA~e of7!75OO per annum, in monthly install- ~„enrs as fo:!ows: S-- 142.~Da+ ~~1e lOLttday of ~~e$ber . 1972 - and a like sum on the correspond~ng day of each month there- after untit the who(e be Iully paid. Each ~nstallment fi:st shall be app~ied in payment of !he interest and thrn on the unpa~d 'oalance of the princ~pal sum. If default is made i~ the ~ ay~nrnt of any in~tallment rrhen due, and such default continues 30 days, then at the option of the holder, and without any other notice, all lhe remaining ~nstallments shall be due and payab:e ot once. Privilege is given to prepay this note in whole or in part at any time wilhout penalty. Neither faebearance, nur acceptance by rhe ho;der rhereof afrer any default in any payments hereon, shall be deemed extension. A late payment charge of S 1O sF.a11 be added ro each instalfinent remaining unpa~d 7 days after its due date, and a like wm shall be added to each such instaUmem remain~ng unpaid 7 dayi a(ter each succeedirg payment date. Each maker, surety and endorser hereof, jointly and seve~ally, waives demand, p?esentment protest and no~ice of protest for nonpayment, and further agrees to any extens~on of t~me of payment, either beiore or after matur~ty, without notice to any of us; and to pay all costs of collection, includ:ng a reasonable atrorney's fee in fhr event of any default hereunder, and hereby severatly waives all benefit of homestead and exemptio~ under the constitWion a~~d faws of each S~ate of the United States, as aga~nst this obligation or any extension or re~ewal hereof. Witnrss the hand and seal of each Pa?~y. Sl1NSHINE MOBILE HOME PARK~ INC• gy; s/ Ernest Germani, President ~EAI) Co rate Sea 1 Affixed «A~~ ~ A?TESTs s/ John R. Long, Vice Preside~~~ _ ~?u ( ~2 S • ~ ) State Revenue is~aw~r,-..~c.+1e~ e.~g~wa1 „ete) 17, 200.00 NOW, THEREFORE, the MORTGAGOR for the purpose of securirg payment of ssid sum of S +~nd the performance of ths covenants and agreements hereinafter exp~essed, and for divers good and valuabfe co~siderations, by these prexnts, does g•ant, bar~sin, sel~: ren~~ta, reteax, convey and confirm unto the MORTGAGEE, its auccessors and assigns, all that certain lot, piece a putel of land, sit~ate, ~~inq, a~ ~.i~•~ in the Lucie Ccuny of St • and State of Flwida, described as follows: _ Fron the Southeast corner of the West four acres of the East six acres of Loi 28, of White City Subdivision, as per plat thereof on file in Plat Book 1, page 23, of the Public Records of St. Lucie County, Florida, run North parallel to the East line of said t,ot 28, 1~9 feet to the Point of Beginning; thence continue North 120 feet; thence run West parallel with the South line of Lot 28, 102 feet; thence run South 120 feet; thence run East 102 feet to the Point of Begi~nning,~ M ~ STQT~ o~ FLQRID,~ ! ' _ DOC~~J~TARY,~,,, OEPT. UF REYENUE ~.s TA M p T n~• , I = _ ~+C e~'f I ° _ ~a ~ k~~-b•~t ~ - = Z 5 nI ! o - tt~ot~ + 8 i~' yG ~ w.s ~ ~ f~JyFD ~N P11rMEM OF tlIX6~ ~ D~ ON CIJLSS 'C 1ltTAN6181E PER90N~1 PNpPERTY, ~ - pURSUIWT TO CFW'tE~ 71-134. ACiS OF 197L /~rI ROGER PO~TR1\S fl ' t~FAK CIRCUR 00lJRT, Si. LilC[E C0, Ft/l ~ together with all and singular the tenemenfs, heroditaments and appurtances thereunto belonging a in anywiie appertaining thereto, and all rents, iuues, ~ proceeds and profits accruing and ro accrue from said premises, all of which are included in the above and foregoing dexription and habendum. ~ TO HAVE AND TO HOLD the abore desuibed and granted premises unto the said MORTGAGEE, its uxcesson and 's~signs foreve?. And ihs ~ald ~ MORTGAGOR for -ltS he7n, executors, sdministrators and assigns, hereby covenants with the said MORiGAGEE, its successo?s ~nd ~ssiyns, ~ rhar Iawfully seized of the said premises i~ fee s~mplr, that the same are free, dear and discharged from all liens ~nd ena?m~ ~ brances in law or in eqvity, and that it will and lt5 heirs shall warranf and defend the title to the same to the ssid ~ MORTGAGEE, its successors and assigns, forever against the lawful claims and demands of all persons; PROVIDED, ALYIAYS that if the MORTGAGOR shall pay ~nto the MORTGAGEE the promiuory note hereinbefore dest?ibed and shall truly, promptly e~ and futly perform, dtstharge, execute, complete, comply with and abide by each and every the stipulations, agreements, conditions and tovcnanri of said u prom~sswy note and of this Mwtgage, ~hen this Mortgage and tFx Es~ate hereby ueated shall ccase and be null snd void. IT IS UNDERSTOOD that the word "Mortgsgor' whether in the siogular or plural snywhere in this Mortgage, ahall be singular if one only ~nd shall be plunl jointly snd severally if more than one, and that the word "their" as used anywhere in this Mortgage th~ll be taken to mean "hu;' "hen;' or "its;' wherever the conteal so implies or admits. Also, that wherever there is s reference in the covenants and agreements he?eim m~tained to ~ny of ~ the parties hereto, the same shafl be construed to mesn as well as the hein, legal representatives, successon a~d suigns (either voluntery by act of the parties or involuntary by operation of tF~e law) of the same and that the covenants herein contained shall bind and the benefits snd advantsges inure ~ to the rcspective heirs, legal represcroatives, successors and su~gns of the part~es hercro. And said Mo?tgagors, fw thcroselves and their heir~, legal representatives, successors snd augns, hereby jointly and xverally covenant and agree ~ ro and with the said MORTGAGEE, its soccessors and assigns: ~ l. To pay all and singular the pri~cipal snd interest ~nd the various and sundry sums of money payable by virtue of said promisiory note, and this ~ mwtgage, each and every, promptly on the days respectively the s+me severally lxcome dve. ~ 2. To pay all and si~gular the taxes, assesunents, levies, lisbilities, obligstions snd encumbrances of every nature snd kind now on :sid dexribed ~ p~operty, w that hereafte~ may be imposed, sufiereA, pl~ced, levied, w assessed thereon, or tMat hereafter may be levied or sssessed upon this Mort9- age, or the indebtedness secured hereby, each and every, when dve and psyable, xcording to law, befwe they become delinq~eM, and before any interest ~ aTtaches w any penalty is incurred; ANU INSOfAR AS ANY THEREOf IS OF RKORD THE SAME SHAtt BE PROMPTLY SATISf1ED AND DISCHARGED OF RECORO Ah0 THE ORIGIfYAI OfFIC1Al DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OFFICIAIIY ENDORSED OR CERTIFlED) SHAtI BE PIACED IN 1NE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFiER PAYMENT; and in tF~e event that any thereof is not ~ paid, sat's(ied and discharged sa'd MOR?GAGEE may st any time pay the same w any part thereof withovt waiving or affecti~g sny option, lien, equity or •~qht under or by virtue of this mortgage and the full amount of each and evcry such payment shall be immediately due and payable and shsll besr interest ~ ~.om the date thereof un~il paid at ~ate of nine pei centum per annum and together with s h t t~ !1 be secured~ lien of th:s morytsge. ~ eoo ~~O P~r,f ~ ~ _ - - - z ' ~ ~ ~ r _ ~ ,~.~3