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HomeMy WebLinkAbout1678 2510~~ ~ 26tr~1 ~~h A.D. 19 73 betw~en THIS INDENTURE, N4d~ th~ day of Harris Conatruction Cor~orati~n. $ Florida cornoration ' - of St. L11C~A ,~pinty Fbrida, M?~iMffM desipna~ed ~i tM "MORTGAGOR," and FtRST FEDERAI SAVINGS AN~ IOAN • ASSpC1AT10N OF FORT PIERCE. • tapaation otq~nised u+d ~xutinp under IM laws of tM Unit~d S~N~s of Aen~rita and Mvinp in ptincipal plac~ of ! bu~in~a M th~ Ciy of Fon Pi~ru, St. luci~ Covnty. flwida, Mr~inahH d~iiyn~~ed u tFN "MORIGAGEE:' ~ WHEREAS tM MORTGAGOR is jvatly ir~debted to th~ MORTGAGEE i~ 1M sum of = 20~1~~~ ~ood u+d I~wful money of the Un~ted ~ Ststes adwnced by the MORTGAGEE unto tM MORTGAGOR, +i evidenced by a cata~n promissuy oote of even d~te he~ewith, of which tM iollowinp in ; worda aod fiputts i~ a trw topy, to-wit: ~ = 20.100.00 N, 100~1963K ~ ?~arch 26, + - Fort Pierc~. Fbrid~. 19~ For value received, 1, we or either of us, promise to~j y, withoul defslcation, to the order of FIRST FEOERAI SAVINc~GS AND LOAN ASSOCIATION OF ~ FORT PIERCE at Fat Pierce, Florida, the ium of = 20~1""•~ with interest irom date at lhe rate of 7•796 per annum, in monthly install- ~ ments ai follows: S 1~9+-~ on thel~'h d+y ef `T~4 , 19~- and a I~ke sum on the cwresponding day of esch month therr : ~ after u~til the whole be fully paid. ~ ~ Eath installment first ~hall be applied in payment of the interest and then on the unpaid balance of the printipal wm. If default is made in tM payment of a~y installment when due, and :uch default continues 30 day~, then at the opiron of the holder, and without any other notice, all the remaining installmeats shall be due and psyable at once. Privilegs is given to prepay this note in whok or in part at any time without penslty. Neither faebe~rance, , nor acceptante by the holder the?eof after any default in any payments hereon, shall be deemed extension. A late paymc~t chsrge of t-~-. shall be ~ ~ ' J~ added to each installment remaining uopaid 7 days afta its due date, ~nd a like wm shall be added to each such instatlment remainirq unpaid 7 days ~her each stxteading payment date. - ~ ~ Eath maker, surey snd endorser hereof, jointly and sevcrally, waives demand, presentment prote:t and notice of protest fw nonpayment, and fuAher ~ ~1! ag~ees to any e:teniw~ of time of payment, either beEore ot aher maturity, without :+orice to any of us; and to pay aI) msts of collection, including ~ reasonsble attorney i fee in the event of any default hereunder, a~d hereby severally waives all benefit of homestead and exemption under the constitution ~ and laws of exh State of the United Slates, as against this obligation w any extension a~eruwal hereof. ~ w~~~s- ~he ~~d a~d xa~ os e~h ~?ry. HARRIS CONSTR~iJCTIdN CORPORATION _ ~I R~el T u~~s, ~s~?u Corporate seal affixed President ~q ~ Attest: S/ Franklin A. Harris. ~?u $3015 Secretar~r ~ ( • ) State Revcnue ~ran~rueRriled~eR~ri~wwFwsMl NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of aid wm of = 20~1~~~ and the pe?formance of ths covenants and agreements hereinsfter expressed, and fw divers good and wlwble consideratia~s, by these p?esents, does grant, barp~in, sell, remise, release, convey ~nd confirm unto the MORTGAGEE, iri s~ccessors and auigns, all that certsin bt, piece or pucel of Isnd, sifuste, lying, u~d bekg in ths ~~~~y o{ $ti •~iC~9 and Stets of Fbrid~, described followa: ~ Lot 3 less the i~~est 12.1tla feet and the West 17,31~ feet of Lot 4, Block 5, REPI.AT OF ~ ~ ~IINSET PARK, as per plat thereof on file in Plat Book 11, page 28, Public I~cords of ~t. Iucie County~ Florida, . . ~ ~l . TA Y-~ iIIF TA K ~ a;+ `~D- ~ s~ = J ~ ~ -ti s-~ • - .•w'•- e._•~ ~.,r~r•r~r~ -5~~~ . - . o = M - 1 f 0~ o IN M1f1~E7Q~~ I ~ 'C It1iM1816LE 9ER90tl~~ ~ ~M(~( TO 71•1~4. ~ OF 1971. Ci~l C1~1R 111~1E o0.. f~ . rogether with all snd singular the terxme++ts, hcreditaments and appurt+nces thereunto belonging w in anywise apperhinirg tF~eto. ~nd all ren», issues. ; proceeds and profin acuuirg and to accrue from said premises, all of which are included in the ~bove and fweyoing description and h~bendum• f TO HAVE AND TO HOtD the above described and granted premises unto tM ssid IMORTGAGEE, its svaessors ~nd +ssigra foreve~• Md tiN s+id ' MORTGAGOR for hein, executon, administrators and suigns, hereby covenanb with the taid MORTGACaEE, iri suotetson and assipro, ihat th-~g lawfully seized of the said premises in fee simple: that tl+e ~ame ~re free, cksr ~nd discF~+r~ed f~«n all liera and ~nturtf ' i brances in Isw or in equity, and thst the~ will ~nd t~~' hein shsll wsr?ant and defend tfie titk fo the same to the sak! j MORTGAGEE, iri ~uccesso~s and assgns, forever agsinst the lawful cla'xns snd dema~ds of sll persons; PROVIDED, ALWAYS tMt if the MORTGAGOR shsll pay ~nto tF~e MORTGAGEE the promissory note hereinbefor~ described ~+d sh~ll truly, promptly ? ` and fully perfwm, discharge, execute, compkte, comply with snd ab~de by each snd every the stipulatiau, agreern~nn, conditions and toven+nts of s+id ~ ~ promissory note and of this Mortgage, then this Mortg+ge snd the Estate hereby crested shall ceue and be nuU ~nd void. ~ ~ IT IS UNDERSTOO~ th~t ihe word "Mwtgagor" whether in the singulsr or plwal ~nywhere in this Mortgaye, shall be sinpvlu if ons only and ~ shall be plvral joiotly and severalfy if more ti»n one, and that the wwd "the~r" as wed snywhere in this Mongsye shall be taken to mean •'his,•• •'Mn•• - o. "its;' whereva the cantext so implies w ~dmits. Also, that wFxrcver there is s refaence in the covenanri and ayreeme~ri herein oontained ro~ny of ~ the parNes hereto, tF~e ssme ihsll be conitrued to mean as well ss the heirs, leyal representatives, wae:son and ~uig~x (either voluntary by +ct of th~ ' parties w invol~Mary by operstion of the law) of the same and that the covenants herein contained shall bind and the benefib and advaot~yp iMx~ ~ ~ ro the respective heirs, leyal representatives, svccessors and au~gin of the psrties herero. ~1 Md said Mwtgagw~, fw themietves and their hein, kgal repreuntstivts, succeuws ar+d auipru, hereby jointly and severally cov~nant and apr~e ro and with tl+e said MORTGAGEE, its successws snd auigns: - =~~2 1. To pay all ~nd sinpvlar ti» printipal and interest u~d the vsrious and sundry sums of money paYabl~ by virtw of said promissory note. ~nd thit Y,'; mortyspe, sach ~nd every, p?omptly on the days respectively the sam~ severally becom~ due. ~ :.,.u 2. To pay ~II and Wnpulu the taxes, asseisments, kvies, liabilities, obliystiora and ~ncumbrances of every MhN~ afld I[111d now on s+id desuib~d Property, a tMt hereaher may be imposed, wffNed. Plxed, levied, or ~uessed ~thereon, a that h~rsafter may b~ kvi~d a a~ea~ed ~~?o~ thia Matp~ .ge, a the k~debtedneu sen,rcd hereby, exh ~nd evsry, whe~ due and pay+bk. accordinp ro law, befor~ they becorew d~linq~ent, and b~fore any inta~st anaches w any penalty is incwred; ANO INSOfAR AS ANY THEREOF IS OF RKORD ?HE SAME SHAII BE PROMPTLY SATISFIED ANO DISCNARGEO OF RECORD AND 1HE ORIGINAI OffICIAI OOCUMENT (SUCIi AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfAfT10N PAPER OFFICIAIIY ENDORSED OR CERTIFIED) SHAII aE PUCED IN THE HANDS OF SAt~ MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in th~ ~vent th~t ~ny theriof is ea~ paid, ~ar'sfied and dixha~9ed sa:d MORTGAGEE may st any Nme pay tht s+me w any p~?t thereof witFa~t waivinp w~ffectirg any option, lien, puity or ~ •~aht unde~ or by virtut oi thi~ mon9pe and the fvll amo~nt of e+ch and every such paymeM shall be immediately dw ~e+d pay~bk ~nd shall beM iniNa~ n e ~.om the d~t~ the.eof until pa~d ~t ~nc of n~ne per c~ntwn per annum ~nd toye~her w~~h wch ~nrcresr sMll be ~ecu.~d by th~ lie~ of th:s morptpe. .a.'.'..~ra-.5. . . _ n-Tt•,ir~ 5s,~•'f-4:. ~ iAYw S^' T~.-y ~ c3 , . _ ._~J ~ . ~ ~s~.-~ E i~~ '~~~5 - ~i'...'