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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: ~ i i ~ i k ~ Lot 7, Block 1, RIVBR PARK, UNI? 2, as per plat thezeof on ~ ~ S file in Plat Book 10, Page 72, of the Public Records of St. ~ ~ s Lucie County, Rlorida + ; ~ ; ~ t E . ~ E 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. ' ~ o_ P~ ~ RJ~YIITZ ~ ~ ~ 3 6. I 5 ~ ~ o = ~t~c2 ( CLFRI( C.RG1R OOURT~Si. lllClE 00, Flll//%~ i ~ ~ . i { • ` ~ 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- ; k ` 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_ ~ ~ u x •~l ~ 3GC~~~CJ ~AG. ~ . : 'F Sc.= . .~%f~ ~x ~F's ~.rZ ~ ,~c. ~ . _ y~ . -da. ~ _ `P+'c"~'~ i . 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