HomeMy WebLinkAbout1680 ~510~8 ~ .
THIS INOENTURE, M~ th~ 26t'b day of ~~h A.O. 19~ b~twMn
Harris Construction Corporstiari, a F'lorida cor~oraticn, •
of St~ ~L'~ , Ca?nty Florid~. IfN~iMNM d~spnated ~i tl+~ "MORTGAGOR," ~nd FIRST FEDERA~ SAViNGS ANO IOAN
ASSOCUTION OF fORT PIERCE. ~ corporation orp+niud and ~xistinp untkr tFw laws oi tFw U~iMd Stata of Am~riu ~nd Mvirp in principal place of
busir~ in tM Clty of fwt Pi~ru. St. Luw County. Fbrida. M?~in+hK d~sipnat~d u tFK "MORTGAGEE." ~
WHEREAS tM MORTGAGOR ia jwtly indebl~d to th~ MORTGAGEE in 1M wm of : 24•1~~~ ~ood u+d I~wful money of the United
St~tK advanced by tM MORTGAGEE v~to th~ MORTGAGOR, as avidenced by ~ certain promissory note of eve~ date herewith, of which tFw iollowinp in :
i
wadt and iipuns a ~ trw copy, towit:
: 20,100.00 N, 10019636
Fort Pi~rn. Flwida. KSTCZ! '26, 19.Z~. `
fw value raceived, 1, we or ei?F?er of us, promise to pay, without defalcaiion, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION Of
FORT PIERCE at Fort Pierce, Fb?ida, the aum of =_~~1~~~ w~th interest from date at the r~te of per annum, in monthly inslall-
menti u fo~tows: = 1~9 on tM d+y of ~ . 19.3~ and • like sum on ths cwreipond~ng d~y of each month therr
~ after until the whols be fully paid.
. Each installment fint shall b~ applied in payment of the intcrest ~nd then on the u~paid balsnce of fhe pri~ctps) sum_ If default is msde in the
ti payment of any imtallmeM when dus, and such defauh continues 30 days, then at the option of the holde~, and without any other notice, all the remainir~
~ ~nstallments sh~ll be due and psyable at once. P~ivilege is given fo prep~y this note in wt?ole or in part at ~ny time without penalty. NeitF~er forebearance,
~ nor aaeptance by the Falder thereof after any default in any payments hereon, shsll be deemed exter?~ion. A late payment char9e of ~ shall bs
added to cach installment ~emaining ~npaid 7 days after iri due date, and ~ like sum shall be added to each s~ch insraliment remaining unpaid 7 dsyt aher
Y rach sucteedinp paYment date.
' Esch maker, suroty and endorser hereof, jointly and seve~ally, waives demand, paesentment prote~t and ratice of protest fw i?w~paym~M, and funhe?
~ agrees to any extension of time of payment, either before or after maturity, without notice to sny of us; and to pay all msts of collection, includieg ~
~ reasonabk attomey i fee in the event of any defauSt hercunder, and hereby severally waives all benefit of Fqmestead and exemptioo under the cwutitulan
~ and laws of each State of the United States, ss againat this obligation w any extens'wn or renewal hereof..
• w~r~s ~he ~~d s~+d ua~ of ~Kh ~m,. HARRIS CONSTRUCTION COI~PORATION
B~t S/ Aaael J• HarriB, ~u
` Corporate seal affizaed ~a~~ ~u
~ Attest: S Franklin A. Harris, ~
~ Secretars ~
~ t, $3~'i5 ~ State Revenue
~ (S71f1~'llV~i11l~~R~QIIprlfalt~
'r 2 ~~1~ . and the ormsnce of tM
, NOW, THEREFORE, the NIORTGAGOR for the purpose of seturing paymeM of ssid sum oi s p~
v covenanb and spreeme~b hereinafter expreued, and for diven yood and wlwble coroiderations, by thess presents, does graM, bsr~~in, sell, rcmise,
retease, convey and confirm unto the MORT6AGEE, its successors and auigns, alI thal ccrtain bt, pieoe or pucel of land, sitwt~, lyirg, and beinp in th~
County of St. II1C3A a~d Stat~ of florida, describsd as follows: •
Lot 18 less the W~st 11.Y0 feet and the West 15.60 feet of I.ot 17, Black 1~~ REPLAT OF
SIINSET PARB~ as per plat thereof on file in Plat Baok 11, page 28, Public Records of
St. Iucie Caunty, Florida,
: --A"r~- :
- ~ _
~ ~ ~5 ~ = ~
~ .~::-a-;~ ''~'1'~` t
~ . -a
; -
[
~ U
~ ~y~p IN PAYMDIT OF TAl«
~ ~ 0~ ~ 'C ItITANBi.
~.PER90tilll MtAPERiY. l
~'rst~r~r m ~ ~ ~ D~
~ a~ ola~tT oot~ sr. wicE o0. ~
togetl+er witli sll snd singular the tenemenn, hereditamenri snd sppurtarxes tlxrewito belongirg w in snywise apperqininp thereto, ~nd ~II renn, issues,
proceeda ~nd profin accru~ng snd to accrue from said premaes, all of which are incl~rded in the above ~nd foreyaeg descripYan and hsbendum.
TO HAVE ANO TO HOID fhe ~bove described and yranted premixs unto ths said MORTGAGEE, its.sixteuon and auipra forewr. Md fh~ s+fd
MORTGAGOR for t~~ - hein, executwt, administrators and ~ssigro, hereby covena~b with ths said MORTGAGEE, ib wccessws and atsipns.
rhat thev 82'9 ~~,{ully seiud of the said premises in fee simple: thst the wme are free, clear ~nd dixharyed from all liens ~nd N+cvm~
~ brarxes in Isw w in equiry, and thaf th@y will ~nd their I,~;n sh,ll w,rrsnt and deiend rM rnk ro rhe ~sms to th~ s~id
a•~ MORTGAGEE, its suuesson snd suigns, fweve? ~gsir?sf the I~wful clsims ~nd demands of all perwro;
PROVIDED,-ALWAYS thst if the MORTGAGOR shall pay unto the MORTGAGEE the promiuwy note hereinbefw~ described ~nd ~h+ll truly, promptly
~ ~ and fulty perform, disch~rpe, execute, compkte, canpty with snd abide by esch a~d every the stipulatiau. ~yreemenn, coeditiom and coven~nts of ~aid
~ prom~ssory not~ and of this Mortg~ye, tlxn this Mwt9s9e and the bqte hereby veated shall csase ~nd be nvN and void.
~ = IT IS UNDERSTOOD that the word "Mortg~gor' whether in the s~ngub~ or plw~l ~nywhere in tha Mwty~pe, sh+ll b~ sinpul~r if ont only ~nd
' shall be plwal jointly ~ew! ssverally if more thsn one. ~nd that the word "their' ~s used anywher~ in this AMrtyape shall be taken to ~rwu+ "h'a,•• •'hers••
~.1 or "its." wherever the context w implies or ~dmits. Also, that wherever ~he~e is a.eferenc. i~ rh. covenann and a~reema+a herein oom+i~ed ~o .~ry of
~he puties her~to, the sarrw sF?~II b~ constrved to mean ~s well as th~ hein, leyal represent~tives, successon and asigro (siti~er volw?t~ry by ~ct of th~
P p+rties a imdunt~ry by operation of tM law) of the same ~nd tMt the covenants herti~ conuined shall bind ~nd th~ b~nefiq and advantp~s inw~
' 1 ro the resp~ctiw heirs, kyal r~pre~entatives, wccesson and ass~ns of the parti~s hereto.
Md said Mwtya9ors, fw tFiemselves and their hein, leyal representative~, wtuuws uid ~ssipra, hereby jointly and stverally tova+ant and ~pr~e
ro and with tFk ~aid MORTGAGEE, its wcussws ~nd aui~ro:
1. To pay all and sinp~lar th~ principal and int~rsat and ~he v~rious and sw~dry wms of eweey paY~bb by virtw of said promiuwy not~, and thn
mortyay~, tath ~nd twry, promptty pn tht days respseYivtFy tht samt ~ev~rally beco~» due.
2. To p~r dl ~nd sir+pvt~r th~ u~ca, as~essmems. I~ries, li~bilities, oblipatio~s and encumbances of we~y natvre ~nd kind now on said daaib~d
es
Wop~rtY, w N~at he~e~h~r may b~ irnpoud, wffMed. P~aud. Iwiid, a~aesad therson. a tMt h~re~ftM may b~ levi~d w asseu~d upa~ M~ia AAat¢
•y~, or tM indebtedness Mcw~A he.~by. ~ach ~nd wery, when dw ~nd payabl~. +ao.dinp to I~w, b~iw~ tMy becarK d~linqwm, and Mfw~ ~ny imKNt
.n~cF~ p any pen~lry i~ incwred; AND INSOfAR AS ANY THEREOf 15 OF RKOR~ TME SAME SNAIL 6E PROMPTIY SATISf1E0 AlV~ ~ISCHARGE~ Of
RECORD AND THE ORIGINAL OFfIC1At DOCUMENT (SUCH AS, fOR INSIANCE, THE lAX RKEIPT OR THE SATISFACTION VAVfR OfFICIAIIY ENOORSE~
OR CERTIFIEO) SNAII 6E ?IACE~ IN THE MANDS OF SAI~ MORTGAGEE WIiHIN TEN OAYS NEXT AFTER iAYMEN~; and in tM twnt that ~ny tlw~of k no1
pa~d, uY~fi~d ~nd disd~wp~d s+'d MORTGAGEE may at ~ny rime p~y tht ~amt a a~y pan tFw+eof witFwuf w~ivi.q w a(f~ctirq ~ny op~ion, li~n, puity p
_ •pht under w by ri~~w of this mort9pe and ~hs ~ull amount o/ e~ch Md evc~y such p~yrn~nt ~hall be ar~n~diately dw ~nd p~yabl~ ~e+d shall bear iMer~s~
~.an rIK Ma tF~eof vmil paid ~t .aie of n~~e per unrwn per •nnwn ~nd wqe~ha w~th wch infHHt ~li be secw~d b~ M~ Ii~e~ o( th:s nwrptp~.
.
~~s ~ i ~u.ar;::~.