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HomeMy WebLinkAbout5950 2456'75 ~ THIS INDENTURE. ~ude +?,e 3~h day of Noveaber A.D. 19 72- between Robert~ enterprises, Inc.: a Rlorida Corporation , . • of S'~. 1-ucie „~q~nty flwida, hereinafrer desynated as the "MORiGAGQR," and FIRST FEDERAL SAVINGS AND IOAN ASSOCIATIOt~i OF fORT PIERCE, a co?poration organized and exis~i~.g under the laws of the Un~red $taras of Americ~ and Iwving it~ principal plac~ of busineu in the City oi Fort Pieres, St. lvcie County, Flwida, hereinafter designated a~ tM "MORTGAGEf." WHEREAS the MORTGAGOR ~s justly indebtcd to ths MORTGA~EE in the sum of S 2Ot4~~ 0O , good and lawful money of the Un~ted States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certam promiaswy note oi even date herewith, of wh~ch the iollowing in words and figures is a trus copy, to-wir: s 2O•'4~•~ No 10019129 Fort Pieres, flaida, Nove~beY 30 ~q 72 For value received, 1, K•e or either of us, p~omisc to pay, wi~hout defaltation, to the order of FIRST fEDERAI SAVINGS ANO IOAN ASSOCIATION OF FORT PlERCE at Fo?t Pierce, Florida, the sum of ; 2014~• ~ w~ih interest (rom date at the rate of o per annum, in monthly install- ~~,rnts as follows: = 151~~ ~ ZOt~l day of March 1973 and a like sum on the corresponding day of each momh there- after unti) the whole be fully paid_ Each installment first shall be appt~ed in payment of the interest and then on the unpaid balance of the princ~pal sum. If default is made in the f:a,rment of any instaUment when due, and such default tontinues 30 days, then at the option of the holder, and without any othcr notke, all the remaining ~~:stallments shafl be due and payable at once. P~ivilege is given to prepay this note in whofe or in part at sny time without penalty. Neither forebearance, ror acceplance by 1he holder thereof aft~r any default in any paymenls hereon, shal( be deemed eztension. A late payment tharge of s_7~ys ,.hall be - ~d:~ed ro each irtstallment remain;~ ~npa;d 7 days after its due date, and a like sum shall be addrd to each such installment remaining un ~.d 7 days sfte~ ea:h sutteeding payment date. Each maker, surety and endorse~ hereoS, joinlly and se~erally, wa~ves demand, presentment protest and notice of proteat fa nonpayme~t, and further aarees to any exte~ioh of time of pavment, eirher befo~e a aiter maturity, without not~ce to any of us; and to pay all costs of collection, includ~ng a ~e3sonable attorne~/s fee in the event of any defautt hereunder, and hereby severally waives all benefit of homestead and exemption urttle~ the conatitulan ~:~d :aws of eacA StMO,oi the United States, as against this obligation w any exteasion or renewal hereof, W~ e~s~6 ~iadd uat o( ea~h Pa~rY. R'OBBRTLDRUIrQN BNTBRpRISBS~ INC• ~ ' - ~ . GJ ~ B s/ Rober t Druse~ Pr ` ~a . a?2 ~Affixed Y ~ ~ . esident SEAI) : ~~~,~~r~~~ Attest: s/ Gene G. ~r~~ Vi~a_PrpQir~,,....~.~~ : ~ r -'y.c~ rJ~ -r, (SEAl3 ~ i ~-~--~--?~.~1~T1 RQVlIIU! ~~M~~ ~ • • . . Nt~H;, E1rk'F , the MORTGAGOR for the purpose of aecuring psyment of said sum of S 20 4~~~ and tfia perFormance of the covenants a~a9iQainentt hereinafter expressed, and fw divers good and valuable considerstions, by theu presenfs, does grant, ba:qain, sell, rsmiu, release, co~'vby and confirm unto the MORiGAGEE, its successors and assigns, all that certain lot, piece or parce) of la~d, aituate, ~yiig, ~nd ~ing in ttie Cour.y of St. Lueie ~ and State of Florida, desvibed ss follows: r • . " Lot L of I.ot 223 of White City Subdivision of Sectior~B 3, 9 and 10, as recorded in Plat Book 1, Page 23, St. Lucie County, Flori~b~~~c~~~~ particularly described as follo~vs: That part of ,L,ot 213, ~v'hite Clty Subdivision, Section 9, Towns~;p 36 Sou~~t~nq,e~gO~E~st, as recyrded in Plat Book 1, Page. 23, St. Lucie Count Florida '~~c~°D t~" articularl described as follows: B in ~t the j Southeast cornex of said Lot 213, run West 240 feet for a point o~ieginning; thence run Noxth 106.2 feet; thence run West 132.13 feet; thence Southeasterly, 114.25 feet to a point 90 feet We3t of the Point bf 8egir~ning; thence Sast 90 feet to the Point of Beginning. ..A A 1 ~G NTAR~ iAMP~ A ~ ~ ~ ` .Oi REttEMIK . ` s ~ Rf.".E(VED ~ ~ ~_~6 1?I PJIYMElR ~ TII~ ~n 0 S~~~If 3 Q~ ~ i D~E Ot: Ci.ASS 'C' IN1A.H616LE PE~SJ?IAL P(~pQp~iY _ ~i~0i ~ ~j TO CHAPTER 71•134. ACTS Of 1971, a ~ Q ROGER P+OITRIIS ~ CI~RK C1AC1lR COURT. S7 LUCIE 00, FU~, ~ f ~ i ~ogether with all snd singular the tenements, hereditaments and appurfances thereunto belonging or in anywise appenaining thereto, and all rents, iuues, oroceeds snd prof;fs accrving and to acvue from said premises, all of which are included in the above and foregoing desviptio~ and habendum. TO HAVE AND TO HOlO the above described and granted premises unto ihe said MORTGAGEE, its successon a~d auigns fwever. Md the aaid ; MORT~,p~p R fw ----1-~---- heirs, executws, adminisrrafors and assigns, hereby covenan~s with the said MORTGAGEE, its successon ~nd assiyro, lt 13 ~ rhat lawfully seized of the said premises in feo simpfe; that the ssme are free, clear snd dixF~arged from all lieru and encvm- brances in law or in equity, and that it will and 1t3 heirs shatt warranf snd defend the title to the same to the said ^~ORTGAGEE, its successors and assigns, iaever against ?he tawful claims and demands of all persons; " PROVIDfU, AlY/AY5 thaf if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note htreinbefo~e dewibtd and sh~ll truly, promptly and fully perfwm, discharge, execute, complete, comply with and abide by each and every the stipulatio~s, sgreements, conditions and covenantt of said prom~ssory note and of this Mortgage, then this Murgage and the Estafe hereby created shall cease and be nult and void. IT f5 UfYDERSTOpD that the word "lNo+tgagor" whether in the singu~ar or plursl snywhere in this Nb?tgsge, ihall be singular if one only and 3ha11 be plural joimly and severally if more than one, and that the word "their" as used ~nywhere in this Mortgage shall be taken to mean "his;' "hen," or "its;' wherever the context so implies w admits. Atso, that wherever there is a relerence in the covenants and eg?eemcnts herein contai~ed to any of rhe parties hereto, the same shall be construed to mean as well as the heirs, legat representatives, successors ar?J assgns (either volunt~ry by ~q of the parties w involuntary by operation of the law) of fhe same and that the covenants fxrein contained shalt bind and the benefits and advantaget inure ~o the respective heirs, leqsl repreuntatires, succeuors and ass~gns of the partiea hereto. And said Mongagors, fw thrmseives and their heirs, legal representatives, successers and assigns, hereby jointly a~d severally covensnt and ~gree ro and with the said MORTGAGEE, its svccessors and assigns: ; l..To pay all snd singular the printipal and interest and the various and sundry sums of money payabte by virtue of said promissory note, and thi~ mortgage, each snd svery, promptly on the dsys respeclively the sarrK severally become dve. 2. To psy all and singvlar the taxes, assessmenn, levies, liabilities, obligarions and encumbrarxes of every nature and kind now a? ssid dewibed property, w that hereafter msy be imposed, suffe~ed, plsced, levied, or suessed thereon, w that hereafter may be levied a assessed upa~ this Mwty- age, a the indebtedness secured hereby, exh and every, when dve and payable, xcording to Isw, befwe they become delinqucnt, before any interest attaches or any penalty is incurred; ANO INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SNAII BE PROMPTIY SATISFIED AND DISCHARGEO OF RECORD AND T`1E OD,IGIN;AL OFFICIAt OOCUMENT (SUCH A5, fOR ItVSTANCE, THE TAX itECE1PT OR TIIf SAilSfACT10N PAPER OFFlCIALLY ENDORSED OR CERTIFIED) SHAIL BE PIACED IN THE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not ' pa~d, sat'sfied snd discharged sa'd MORTGAGEE may at any t~me pay the same or any part the?eof without ~vaiving w affecting any option, iien, equity a •~qht under w by virtue of rhis morrgage and the ~vtl amount of each and every such payment shall be immediately due and paysble and shall bear interest ~•om the date thereof until paid at rate of nine per centum per annum a~d tege~her w~th suc¢, iry(er~t~ ~ setu~~t~ lien of th:~ morytayt. BC~K ~ PI~CE ~ V . : • i ~ - . ~ - -