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HomeMy WebLinkAbout0960 ti~~ut; ~ THIS INOENTURE, r~ds ~he lOth day or November A.D. 19 ~~wre~ Harris Construction Corporation, a Floricia corkoration af SL 1,LLCle Co~nty Florida, herelnafter des~gnated as the "MORTGAGOR," and FIRST FEDERAL SAVINGS AND IOAN ASSOCIATIQN OF FORT PIERCE, a corporation wganized and existing under the laws of tM Un~ted Statas of Americo and having its principal place of busineu in tM City oi fort Pierce, 51. lucie Covnty, Flwid+, hereinaiter deiignated as tM "MORiGAGEE:' WHEREAS the MORTGAGOR is jwtly indebted to the MORTGAGfE in the sum of = 18l~~~•0O , good and lawful mortey of the U~;~ed Sra~es advanced by ~he b10ltTGAGEE unro the MORTGAGOR, as evidenced by a certain promisso+y note of eve~ date herew~th, of wh~ch the io~low~ag in words and figures is a t~ue ccpy, to-wit: S 1_ k,~ ~(7Q„ nn ` No ~ nn~ ocL~ fo~t Pierce, Flwida, Nov¢mber 1~ ~q~ for value received, 1, we or either of us, promise to pay, without defalcat~on, to 1he ordrr of FIRST FEDERAI SAVIPSGS AlvO LOAN ASSOCIATION OF fORT PIERCE al Fort Pierce, Fbrida, the sum of 5----18~3QQ.~--- W~~h interest from date at the rete of 5°.6 pcr annum, in monthly install- ~,~ems as fot!ows: S 148•O0 a+ dx lOLh day of Mareh ~q_ 73 and s Gke sum on the cwrespond~ng day of each momh ~here- atrer unt~l the whole be ful~y pa~d. y. Each installment first shall be applied in payment of the interest and then o~ the unpaid balance of the princ~pal sum. If defauh is made in the pay~nent of any installment when due, and such default continues 30 days, then at the option of the holder, and without a~y other notice, all the remain~ng ~nstallments shall be due and payab~e at once. Privilege is given to prepay this note in whole or in part at any timr without penalty. Neitlxr faebearance, nor atceptance by Ihe holder thereof after a~y deiault in any paymen~s hereon, shall be deemed extension. A late payrt+ent charge of S 7~ 4O shall be edded ro each instaltment remaining unpa~d 7 days after its due date, and a I~ke sum sha~l be addcd to each wch installment remaining unpaid 7 days after eac1+ succeeding payment date. ~ Each maker, surery and endorser hereof, jointly and srverally, waives demand, presentment protest and notice of p~oteat for nonpayment, and further agrees to any exfension of t;me of payment, e;ther before w after maturiry, v~rithout_ not~ce to any of us; and to pay all costs of colledion, i~clud~ng s r~ aso~able atrorney"s fee in the event of any defauit hereunder, and he~eby severaliy waives al~ benefit of homestead and exemptio~ under the constilution ~d laws of each State of the United States, as against this obligation or any extens~on o? renewal hereoi. w~+ness ~he ha~d and seal of Qa~h Pa.?r. HARRIS CONSTRUCT`ION OORPORATION ' gy ; Hazel 1 I-Lrri~ P*ps~ dent (seat) . , ~ . . . . _ (SEAu ~ ~ ~ Attest. ~`u ~ tse.n~) ~ $ 27 . 4 S ) State Revenue (S+~w~s-Mwc~lhi ~r?orisi~ai MM~ , NO'JV, THEREFORE, ~he MORTGAGOR for the purpose of securing payment of s~id sum of = 18~ 3~• ~ and the perfwmance of the covenants and agreemenrs hereinafter expressed, snd for diven qood and valuable cons~derations, by thtse presents, does grant, bar9ain, sell, remise, release, cc:..+ey and confirm umo the MORTGAGEE, its successors and auigns, aU that certain lot, piece or parcel of land, sitwte, lying, and being in ths ; Covnry of S.t "C i e and State of Fbrida, dew7bed s~ follows: Lot 3, Block 6, REPLAT OF SUNSET PARK, as pez plat thereof on file in Plat Book 11, Page 28, Public Records of St. Lucie County, Florida, . ; s _ STATE ~F FLORIDA. ~ ~ DOCUMEN7ARY~ :Q.SiA___MP_.TAX I ` I °c-=' ~ DEP:.O~ REVENUE ~ ; K~ rz~~-_ :T~= 2 7. 45 1 ~ ~,io2 ~ U PAYMf~ Of TI?XFS ~ Q _ ~N pU~ PRO~~ j RECE~~ ~ INt~'~BIE pE~tS Of 191L ~c ~ ~E pN ~ptER 71-1~~ ~ ~ ~ ~u~ 'eo~ Rj°st. wc~ 0°~~ ~ ~~K C1R(7U~t ~ fogether w~th all and aingular the teoements, hereditaments and appurtances thereunto belonging or in anywise +ppe?taininp thereto, and sll rents, iuues, oroceeds and prof~ts accruing and to accrue from ssid premises, all of which are included in the above and foregang description snd Mbendum. Tp HAVE AND TO HOLD the above dexribed and gnnted prcmises unto the ssid MORTGAGEE, iri succeswrs and assigru forever. And ths s~id ~ MORiGAGOR fw --1~~------- heirs, executors, administrators and assigns, heteby tovtnanri wilh the s~id MOkTGAGEE, in successo+s and ~ssipra, ~ - ~ rhat --1~--~~---- lawfully seized of the said prem~ses in fee simple; that the same are free, clear and dixharged from al) liens ~nd encum- ; 4 brances in law or in eq~~ty, and that lt w;ll and 1tS heirs shall warrant and defend the title to ths same to th~ said MORTGAGEE, its succeswrs and assigns, forever against the lawful claims and dem~nds of all persons; :s PROVIDED, AIWAYS that if the MORTGAGOR shal! pay un?o the MORTGAGEE the p~omissory note hereinbefore dexribed snd sh~ll truly, p~omptly and fully perform, d7scharge, execute, complete, comply wieh and abide by esch a~d every the stip~lationa, sgreements, conditiona and tovenanb of said ~ prom~sswy rate and of this Mortgage, then this Mortgage and the Estate hereby veated shall ce~se and be null and void. + 3~ IT IS UNDERSTOOD that the wad "Mortgagor" whether in the aingular or plural anywhere in this Mortgsge, shsll be sinpulsr if one only and - ~ shaH be plural joi~tly and severally if more than one, and that the word "their" as used anywhere in this Mortgsge shall be t+ken to me+n "his;' "hen;' or "its," wherever the context w implies or admiti. Alw, that wherever there is s reference in the covenanri snd agreemenis herein contained to ~ny of ~ rhe parfies hereto, the same shall be construed to mean as well •s the F~eirs, lega) rep~esentatives, s~ccessors and auigro (eitF~er volu~tery by acl of the parties w involuntary by operation of the law) of the same and that the covensnts htrein contained shall b+nd and the benefitt and advsnts~es inwe ~ fo the respective heirs, ~egsl representatives, successors and ass~gns of the parties hereto. ~ And said Mortgago~s, for themselves a~d their heirs, legat representatives, successors and assigns, hereby joinNy and severally covenaM and agree ro and with the said MORTGAGEE, its successors and assigns: 1. To psy sll and singulsr the principal and imere~t and the variovs and sundry svms of mw~ey payable by virtue of uid prom~ssory no1e, snd this ~ mortgsge, esch ~nd every, promptly on the days respecfively the same severally become due. ~ ~ 2. To pay all end singulsr the taxes, sssessme~ts, levies, liabilities, ob~g~tions and encumbrancq of every nature and kind now on tsid described prope:ty, a that hereafter may be imposed, suffered, plated, levied, a+uessed thereon, or 1Mt hereafter may b~ levied or usessed upon this Morf¢ ~ age, w the indebtedness secured hereby, each and every, when due and psyable, accadirg to law, befae they become delinquent, ~nd befwe ~mr inte~est ~ attaches o~ any penalty is inturred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHALL BE PROMPTIY SATISfIED AND DISCHARGE~ OF ~ RECORD AND THE ORIGINAI OFfICIAI DOCUMENT (SU~H AS, FOR INSiANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFlCIALLY ENOORSED OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORIGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not ~ oa~d, sat"sfied and discharged sa:d MORTGAGEE may at any t~me pay the same or any part thereof without wsiving w sffecting any option, lien, eq~ity p t; •~qht under or by virtue of this ~no~tgage and the full amount of each and every such payment shall be immediately due and payabk snd shall bear interqt ~.pm the dete thereof un~il pa~d at rate of n~ne pe~ centum per a~num and together w~th s~.ch in ~ t secured b of th:• moryts~e. ~ K ?~r,~E ~ ~ ~ 4 _ = ~ ~ ~ , ~ ~ ~ . ~~~~~~'n _ _