HomeMy WebLinkAbout1082 242294 . ~
THIS INDENTURE, Msd~ 1 17th day of NOVQ~@Y A.D. 19?2- batween
n-Key Buildess. Inc., a Rlorida Corooration
of $t. ~.llCi@ County Flor~da, hereinafter desg~ared ai the "MORTGAGOR," and FIRST fEDERAI SAVINGS AND LOAN •
ASSOCIATION OF fORT PIERCE, a corporation or9anized +r+d exitting under Ihe lawi of Ihs United Statts of America artd having its principal pl?cs of
~,y busioes~ in tM City of Fwl Pixce, St. l~cie County. Flwida, F?ereinafte~ designated as Ihs "MORTGAGEE:'
WHEREAS the MORTGAGOR is juitly indebted to the MORTGAGEE in tAe sum of good and lawful money oi the United
S~ates advanced by the MORTGAGEE vnto the MOR:GAGOR, as evidenced by a certain promiuory nota of evan date herewith, of which the followinp in
word~ snd figu~es is a trw copy, to-wit:
s 24.100.00 ~ 10019069 ~
~ fort Pierce, Flwida, NOV@!b@! 17 ~q_~
\ for value received, I, we w eithe~ of us, promise to pay, without defatcation, to the o~de~ of FIRST FEDERAI SAViNGS AND LOAN ASSOCIATION O~
FORT PIERCE at fwt Pierce, Fbrida,• tAe sum of S 24 i 1~' ~ with interest from date at the rate of7~_°o per annum, in monthly install-
r ments as tollows: i 179•~ on the -~~1day of ~r~ , 19__.~~ and a like sum m the cwrespond~ng day of each mo~th therr
~ afrer until the whote be fulty paid.
• Each instatlment first shall be applird in payment of the interest and then on the unpaid balance of the principal sum. If default is made in the
Fa;ment of any installment when due, and such default cont~nues 30 days, then at the optio~ of the holder, and without any other notice, all the remaining
, ~~~srallments shall be due and payabte at once. Privilege ia given to prepay this oote in whoie or in part at any time without penalty. Neithet fwebearente. ~
~ ~or acceptance by the holder thereof aFte~ any default in any payments hereon, shail be deemed extens~o~. A late payment charge of S~ shsll be
a added to each installment remaining unpaid 7 days atter its due date, and a like sum shall be added to each such instaltment rema~ning ~npaid 7 days after !
\ each succeeding payment date. ~
Each maker, surety and endorse? hereof, jo7ntly and severally, waives demand, prexntment protest snd ~otice of protest fa nonpayment, and further
~ agrees to any extension of time of payment, either before or after maturity, without notice to any of us; snd to pay all costs of cotlection, includ~ng a
~ reasonable attorney's fee in the event of any default hereunder, and hereby severalty waives all benefit of homestead and eaemption under the constitutan
a~,d laws of each State of the United States, as agai~st this obligation w aoy extension w renewal hereof.
w~rness the hand and seal of esch pa~ty. T1lYA~Kfy BUILDBRS ~ INC •
' By: s/ Robert F. Mach, President ~?q
Corpozate Seal Aff ixed ^ ~y
_ cs~~u
, t~ 36 ~ 15 1 State Revenve
tsraa~p~ ~~Wed ~ot+OirW.r~ctrL
NOW, THEREFORE, the MORTGAGOR for fhe purpose of securing p~yment of sald wm ~f s 2a ~ 1~. 0~ snd the pc?fonnr~sc of tFw
covenants and agreements hereinafter exp~essed, and for divers good and valwble consider~lions, by these preunts, does gr~nf, bary~ine se11, r~miu, ~
release, convey and confirm unto the MORTGAGEE, its sutteuors and augns, all that certain lot, piece or partel of I~nd, tituate, lying, srN! bOrty in tM
St Lucie f
Caunry of • and State of Florida, dew~bed ~s follows: ~
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~ Lot 7, Block 1, RIVBR PARK, UNI? 2, as per plat thezeof on ~
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file in Plat Book 10, Page 72, of the Public Records of St. ~
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Lucie County, Rlorida +
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i STATE oF FL..ORIDA~ " G ;
~ o DOCUMENTARY~ STAMP Tl. a ~ IN PAYMENT OF TAXE~ ~
~O DEPT_ OF REVENUE .Ff ~E ON CtJ1SS'C' INTANGIBIE PERSpt{il PRO?ERIr. t
=r " ' : W1RSl1ANi 1D CHAPTfR Il-I34. ACTS OF 19/1. '
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~ o = ~t~c2 ( CLFRI( C.RG1R OOURT~Si. lllClE 00, Flll//%~ i
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~ rogether with sll and singular the tenements, hereditame~ts and appu?qnces thereunto belonging or in ~nywise appertaininp therero, a~d sll rents, iuues,
proceeds and profiri accruing and to acvue from ssid premises, all of which are intluded in the ~bove and foregoing dexriptwn ar+d habendum. ;
TO HAVE AND TO HOID the above described and gnnted premises unto the said MORTGAGEE, iri wccsssors ~nd +ssiges forever. And fFr ufd ~
:SCRiG GOR fw ita ~~~s, executws, administrato~s snd sugru, hereby covenanri with the s~id MORiGAGEE, iri suaeuors and asti~ro, ~
!hat -~t i$ - lawtully seized of the said premlus ~n fee simple; thst the ~sme are free, ckar and dixhuged from all liens and encwn- ;
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orances in law w in equity, and that it will snd -~.LS hein siull wsrnnt and defend the title ro the same to the said ~
~ !dORTGAGEE, its successors and auigns, fwever sgainst the lawful claims and dcrosnds of all persons; :
~ PROVIDEO, AlWAYS that if the MORTGAGOR shall promissory note hereinbefore dewibed and shall truFy, promptly ~
pay unto the MORTGAGEE the
and fuily perfwm, discharge, execute, complete, comply with and abide by esch ~nd every the stipulations, a9reemen». tonditions ~od tevensnri of said f
- ~romissory rate snd of this Mortgsge, the~ this Mortgage and the Eatste hereby aeated ahall cesse snd be null ~nd void-
IT IS UNDERSTOOD thst the wwd "Matgsgor" whethe~ in the singular w plural snywhere in this Mortgs9e, shsll be si~gular if one only and '
:hall be plural jointly and severally if more than one, and that the word "their" ss used ~nywhere in this Mortgsge shall be t~ken to mesn "his;• •'hers," x
or "its;' wherever the context w impties w sdmits. Also, tF?at wherever there is s refetence in the covenants and agrem?enri herein contained to ~ny of ;
~ rhe parties hereto, the same shall be constcued to mesn as well as the heirs, legal representatives, wccesson and auigro (eitF~er voluntary by act of th~ ~
~ parties or involuntary by operation of the law) oi the ssme and that the coven~nts herein contained shall bind ~nd the benefits and sdvantayes inwe
~ ro the respective heirs, kgal representativq, successors and eu'9ro of the p+rties hereto. #
~ Ared said Mortgsgors, fw themxlves u~d their hein, legal rep~exntativq, wccessors and auigns, F?ereby joiMly and severslly covenant srwJ agr~e
~ ro and with the said MORTGAGEE, its successors ~nd augns: ~
is
1. To pay al) and singular tl?e principsl snd interest snd the variovs and sundry sums of ma~ey psyable by virtue of said promissory note, and this ~
~ mortgsge, each a~d every, promptly on the days respectively thc same severslly became due.
~ 2. To pay +II and singular the uxes, assessme~ts, le~ies, liabilities, obligaYwns snd encvmbrances of every ~atwe and kind now on said dewibed
Property. o~ thst hereafter may be imposed, suffered, plxed, kvied, or assessed thereon, or tMst he~eaftet may be levied or asseued upon this Mort¢
age, o~ tF~e indebtedness secured hereby, each ard every, when due and payable, aawdirg to Iaw, before they become deiinquent, u+d befwe a~y lr~terest
~ artaches a any penalty is inturred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII SE PROMPTLY SATISfIEO AND DISCHARGED_ Of
~ RECORD AND THE OR:GIHAI OFFICIAI DOCUMENI (SUCH AS, FOR INSTAN~E, THE TAX REtEIPi OR THE SATISFACTION PAPER OFFICIALLY ENDORSED
~ OR CERTIf1ED) SHAII BE PIACED IN THE HANDS OF SAID JNORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event thaf any tF~ereof is not €
pa~d, sat'sfied and dischsrged sa:d MORTGAGEE may at any ~~me pay the same o~ any part tFxreof without wsivinp o~ affecting any optan, lien, eqvity w-
~ •~qht under or by virtue of this mortgage and the full amo~nt of each snd every such paymeM shall be irtwnediately due and paysbk and shall besr interqt
~ ~.om the date thereof until p~id at rate of n:ne per centum per annum and toyether,yv~y~ sy~{~rest sha~~~ed by the lie~ of tF~:s morytaye_ ~
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