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Home My WebLink About0479 2•~18'71. ~ . ~ ~2 THIS INDENTURE. Mad~ the ~th day of 'o~mber A.D. 19 betMeen _ Ft. Pierce Construction Corc~,, a Rlorida Corporation of ~t 1. ~[`,iQ Co~nty Florida, hereirtafter designated as the "MORTGAGOR," and F1RST fEDERAL SAYINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corporation wpanized and ex~sting under the taws of ~he Un~ted Statas of America and having its principal place of businau in ths Ciry of Fort Pierce, St. l~cie County, fbrida, hereinaftrr de~ignated as the "MORTGAGEE:' WHEREAS 1he MORTGAGOR ~s juitly indebted lo the MORTGAGEE in tha sum of S 18 ~ 3O~ qood and law{u! money of the Un~ted Srates advanced by the MORIGAGfE unto the MORTGAGOR, es evidented by a cenain promissory note of even da~e he~ewiih, of wh~ch the iollowing in words and figures is a true copy, to-wit: . s ~1(1019n3y - Fort Pierce, Florida, November ln ~y 72 for value received, I, we or eithe? of us, promise to pay, without defalcation, fo the ord~r of FIRST FEDERAL SAVINGS AND IOAtV ASSOCIATION Of FORT PIERCE at Fort Pierce, Ftarida, the sum of S 1~~3~~~ with interest from date at the rate of7_5 °e per annum, in monthly install- ;~~enrs as follows: = l~~•n~ on thelntn day of January ~9?3 and a like sum on the cwrespond~ng day of each momh ihere- ' afrer until the whole be f~ily paid. Each installment first shatl be appl~rd in paymenf of the interest and then on the ~npaid balance of the print~pal sum. li default is. made in the ra~ment of any insrailmene when dve, and such defavlt continues 30 days, the~ at the option of the holdcv, and without any olhe? notice, all the ~emaining ~+~sfallments shall be d~~e and payab{e at once. Privilege is given to prepay this note in whole or in parr at any time without penalty. Neither faeb~ara~ce, nor acceptance by the holder ?hereof after any default in any payments hereon, shall be deemed extension. A late payment charge of S 7' 4O, shatl be added to each insta!Iment remaining unpa~d 7 days after its due date, and a like sum shall be added to each such installment remain~ng vnpaid 7 days after each succeeding payment date. Each maker,. wrety and endo~se~ hereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpayment, and further agrees to any extlnsion'of time of paymenf, either before or after matvrity, without notice to any of us; and to ~y all casts of coflection, inctud:ng a reasonab?e ~tt~rney's`~ee ir~ the event oF any defautt hereundrr, and hereby severally waives all benefit of homestead and exemplion under 1he constitution d~~d`itwl•v~ e5thbtate of the Unlted States, as aga~nst this obligation u any extension w renewa! he~~s~ERCE CONSTI2UCTION CORP. Witnes~ltie hs~ an~ seal of each party. t• 1 . ~ 't, ~ ~ By : / s/ D . J . He l le r ~A~~ ~ ; . ~ ~~p~~i~~ _ SEAL. AFFIXED (sen~) _ • /s/ Marlys A, Heller ~Au ^ . N ~ " ^ ~ ( `2y . 1 State Reve~ue (Sta ; fancell~~ Lrigina! note) n~ ~ 18 30~,~n AfOVf, 7H EFORE, the MORTGAGOR io~ the purpose of aecuring psyment of said sum of = + and fhe pe~formance of the covenants and agreements hereinafter expressed, and fa d~vers good and valusble comiderations, by these presrnts, dces grant, baryain, seil, remise, releasa, convey an~ confirm unto the MORtGAGff, its iucceasors and suigns, all that certain lot, piece or p~rcel of land, situate, lying, and being in the =ounry of St . Luc ie „ and State of Ftor~da, desu~bed ~s follows: Apartment E-I ( lnl ) of COLONNADES CONDOhiINI[MS NO. 3, accorciing to the Declaration of Condo- minium recorded in O. R. Book 193, Page 2596 of the Public Records of St . Lucie c:ounty , Florida, tagether with all appurtenances thereto, and together with an undivided interest in the c~mmon elements and limited c~mmon elements thereof, said Declaration being re-recorded in _ O. R. Book 195, Page 1655 of the Public Recorcis - of St . Lucie County , F lorida, RfcEn~n : ~ ~ ~ n +N ~,~r~~,?r oF TNCes : oo STA ~ taP FL O~? t L~ p, DUE ON ClASS 'C IMTAMGISIE PEBS~V ;L PRO~ERIY ~ ~4 UM~NTARYi . 1~~' PURSUAlIT TO CFIArTER 71-134, ACiS OF ~y/1. ~ aF~1. or FErEkuf . TAMP x -~o " - ~ ••s - - ROGER POITtAS P?- ~~v„-~: ~ 2 7. 4 5 j ~ c,~„~T oou~, ST. UICIE 0p, ~ o a~o w ' fogether with sll and singular the te~ements, her~tamenti a~d appurtanca the+eunto belonging w in anywise ~ppertaining thereto, end a0 rents, iuues, ' proceeds and profits accruing and to acvue from said premises, all of which are included i~ the above ~~d foregarg description and habendum. ' TO HAVF AND TO HOID the above desaibed snd granted premises unto the asid MORTGAGEE, ia wccessors and suigns forever. Md the s~id ~ MORTGA~OR iDr --~-t S heira, executors, adminis~rarors and assigns, hereby covenanri with fhe si~d MORiGAGEE, its sutcesson ~nd as~iynt, rhat - 1 t 1 S ~awfully seizec~ of the said p?emises iQ fee simple; that the ume are frae, clear and dischsrged irom al( liens ~nd encv~ brances in Iaw w in equity, and that 1 t W~~~ a~ 1 t S heirs sF~all w+?ranf and defend the title to the »me to fhe s~id N'.ORTGAGEE, irs successors and assigns, f«ever sgainst the ~awful claims and demands of a!1 pe~sons; PROVIDED, ALWAYS that if the MORTGAGOR shall psy unto ihe MORiGAGEE the promisswy note he?ei~befae described ~nd shall truly, ptomptly and tully perform, dixhsrge, eaecute, complete, comply with and abide by each and every the stipulstions, ag?eements, conditions and covenanri of said promissory note and of this Mortgage, then this Mortgsge and the fstate hereby ueated shall ttase and be null and wid. - IT IS UNUERSTOOD thst the word "Nbrtgsgor" whether in the singular a plural anywhere in this Matgs~e, shall be sinyular if one only and ~ shall be plural jointly snd severaliy if more then one, snd that the wwd "their" ss used anywhere in this Mortgsge shsll be tsken to mesn "his," "hen," `s or "its," wherever the context so implies or admits. Also, that wf~erever there is s reference in the covenants and agrcemenb herein contained to ar~y oi rhe parfic~ he?tto, the same shall be construed to mesn as well as the heirs, legsl representatives, s~ccessors snd assigns (either voluntary by sc1 of the parties or involuntary by operation of the law) of tF~e same and that the covenants herein contsincd shall bind ~r?d the benefib snd advsntsges inwe ro tFx respective heirs, legsl representatives, succeuors and au~grts of the panies hereto. And said Mortgagors, for themsdves and their heirs, legal representatives, svccessors ar?d auigru, he~eby joimly end severally toveoant and ~gree fo and with the said MORiGAGEE, its successors and assigns: 1. io pay all end aing~lar the principal and interest and the various and sundry sums of money payable by virtve of said promiasory note, ~nd this mongage, each ~nd every, promptly on rhe days respecrivrly the same severally become due. - 2. To pay all and singular the taxd, assessments, levies, lisbilities, oblgations and encumbruKes of every nature ~nd kind now on said described property, o~ that hereafter may be imposed, suffered, plsced, levied, w assessed thereon, or that hereafter msy be lev'~ed or esseised upon tha Mat¢ age, w the indebtedness tecu~ed hereby, each and every, whe~ due and payable, eccording to 1aw, befo~e they become delinquenf, and befwe ~ny interest a!raches a any penalty is incurred; AND INSOfAR AS ANY TMEREOf IS OF RKORD TME SAME SHAII 8E PROMPTIY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGINAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCf, THE TAX RECEIPT OR THE SATISfACTfON PAPER OFFICIAIIY ENDORSED OR CERTtFtED) SHAII BE PLACEO IN THE HANDS OF S~?ID MORTGAGEE WITHIN TEN DAYS NfXT AfTER PAYMENT; and in the event that any fhereof is not pa~d, sat'sfied and dixharged sa:d MORTGAGEE may at a~y time pay tlu same w any part thereof without waiving a affecting any optqn, lien, equity or •~~ht under w by virtue of this mortgage and the fuit amovnt of each and e~ery such payment shall be immed;ately due a~d payable ~nd shall bear interest j~om the date thereoi until pa~d at rate of n~ne per centum per annum and togNher w~th ~ych in II be secu'~b~~he lien of th:s mwgtaye. e*~ri 90C'K ~ACf ~t / a~1 - ~ - ~ ' ~ _ - ~ { ~n~'- , - ~ _ _