HomeMy WebLinkAbout1682 i~51V7~
THIS IN~ENTURE, All~d~ thr 26!'h day of March A.D. 19~ bttw~ee?
Harris Construction Corporatia~n, a F1oMda corporatian,
of Sti• ~C~ , County Fbrida, Mreinaftq desigMt~d as tM "MORTGAGOR;' a~d FIRST FEDERAL SAVINGS AND LOAN
ASSOCI/1TION OF FORT PIERCE, • corporation orp~niud u?d ~xiitinp unde~ tM law~ oi th~ Unit~d Stata of Am~~ic~ and Mvinp iri pri~cipai pl~c~ of
butirnst In tM City of fort PiKq, St. luci~ Cw~+ty. Flaida, hNtin~h~r desipnated as tM "MORTGAGEE." ;
WHEREAS 1M MORTGAGpR is juitly ind~bt~d to tht MORTGAGEE i~ ths sum of = 20~1~~~ good u+d l+wful nwr+ey of the United ~
S~at~s ~dvanced by the MORTGAGEE unto the MORTGAGOR, as evidanced by a certain promiuay not~ of even date her~with, of wh;ch the folbwin~ in t
worda and fi~urq h a Irw copY, to-wit:
~ 20~100.00 N, 10029637
Fort Pierc~, florids. ~I'C21 26~_19~.~
Fw value received, i, we or eithsr of us, p?omiae to pay, without defalcarion, to ~he orde~ of FIRST FEDERAI SAYINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Fort Pierce, fbrids, the sum of = 20•1~•~ w;th interest from date at the ~ate of per annum, in monthly i~stsll-
~ ments u follows: S 149 on the day of ~l,p 19~_ snd ~ like sum on the correspondirg day of each month there-
; afte? uMi) the whole be f~lly paid.
Eath instsllmcnt first sAall be applied in paymenl of the interest and lhen o~ the unpaid balance of tlx principsl tum. If default is msde in the ~
payment of ~ny iratallment when due, and such defauh continves 30 days, thcn at the optiw~ of Ihe holder, and without any o?he~ notice, all the remsining
installmenq shall be due and payable at once. Privilege is given to prepay fhis note in whole or i~ part at any time without pe~slty. Neither forebearante, '
`C nw accepbncs by the holder thereof after any default in any payments hereon, shall be deemed extensan. A Iate payment chsrgs of : 7•45 • shall be j
~ added ro each installment remaining unpa~d 7 days after ib due date, and a like svm shall be added to each such installment remaining ur?paid 7 days ~fter
' . each succeeding payme~t date.
v E~ch maker, svrety and endwse~ hereof, jointly and severally, waives demand, presentmem protest and notice of protest for nonpayment, and further
agrees fo sny extension of ?ime of payment, eithcr before a after maturity, without notice to any of vs; and to pay all msts of collec~io~, including ~
~ reasonab~e atto~ney i fee in the event of any defautt Fxreunder, and hereby severally waives all benefit of homestead and exemptia? vnder the constitvtion
ti and laws of each State of the Uoited States, as against this obligation or any exteniwn or renew~l hereof.
w~t~s the ha~?d a~d s~w~ of ea~h ~?ty. RAI~IS CONSTRUCTION CORPORATION
, - By: S/ Hasel d. Harrie~ President ~
~ ^orporate sea2 affixed ~U ~
~ Attest: S Franklin A. Harris, ~U
Secretary ~
v ( ~~~•15 1 Stste Revenue -
v (~rsrnpit~rR~lMlt!'OITOAyf1APl117tl1 ~
NOW, THEREfORE, the MORTGAGOR for the purpose of secvring p~yment of s+id sum of ~ 20+1~•~ ~nd the pe~formance of tM
coven~nri and ~greements hereinafter expressed, and for divers good and v~lwble tonsiderations, by these presents, does yrant, baryain, sell, remise,
releese, convey and confirm unro the MORTGAGEE, its succeuws and auigns, sll that certain lot, piea or p~rcel of I~nd, situate, lyiny, and beirg in fhs
~~~M $ti. ~1C~6 and State of Plorida, described ~s followr. !
b.
Lot 17 less the West 16.60 feet and the •r~Test 22.1~1j feet of Lot 16, B1ock 4, REPLAT OF
SUNSET PARK, as per plat thereof on file in Plat Book li, page 28, P~iblic Records of
St. Iucie Co~nty, Florida,
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~ IN MYIfE1ff Of TJU~ ~
~ ~K ON dltSS ~C' IMG118tOLE PER9011AL PROPERIrr i
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CIF~I CINQlJT OOWIT, ST. llC1E OOe F~ v i
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together with all and singul~r the tenemenb, hereditamenri and appurtances tFxreunfo bclonging or in ~nywiie appertsinirg therefo, and al) renb, iuves, ;
proceeds snd profiri acvuing and to accrue from said premises, all of which are i~cluded in the ~bove and foregang dewipfion and habend~m. !
TO HAVE AND TO HOID the sbove desaibed and grsnted premises ~nto fhe s~id MORTGAGEE, its strocessws snd sssigm foreva. Md th~ s~id ~
the ir `
MORTGAGOR fw heirs, executors, administrators and assigns, fxreby covenanb with the s~id MORTGAGEE, its sutcesson and astipnb j
rhat - t'h'~.Y `3~ lawfully aeized of the said premises in fee simplr, that the ssme are free, tkar and dischsrged itom all liens and ar~ f
their hein shall warrant and defend the titk to the sams to tM said j
Fxances in law or in equity, and thst~~~ will snd
MORTGAGEE, ib successors and suigns, forever sgainst the lawful claims and demsnds of all persora;
PROVIDED, ALWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the promiswry rate hereinbefwe destribed and shsll trvly, promptly
and fully perform, diuhsrge, execute, complete, comply with and abide by each and every the stipulations, agreemenn, conditiw?s snd covenan» of said
b promistory note snd of this Mortgsge, then this Mortgage and ?he Estate hereby aeated ihsll tease ~nd be rwll and void..
~ IT IS UNDERSTOOD that the word "Mortgsgor" whether in the singular w plural snywhere in this Mo?tyape, shall be sinpuler if one only ~nd
sh~ll be plv~al jointly snd severally if more than one, and that the word "their" ss vied anywhere in this Mwtgsge sh+ll be tske~ to me~n "his;' "F~en,"
w"its;' wherever the conte:t fo implies a admifs. Alw, 1Mt wherever there is a referente in the covenann and spraemenn herein oontained to ~ny of
the p~?ties hereto, the s~me shall be construed to mean ss well ss the heirs, kgal ~epresent~tives, ~uaeuws snd utigm (either vol~ntary by ut of tht
panies w involuntary by operatio~ of the law) of the same and th~t the covenants herein contsined shall bind aod the benefift and ~dvint~es inw~
~ to the respective Froirs, feyal representatives, wcceuors and au'gru of the panies hereto.
~ And said Mwty~gors, fo~ themselves a~d their }~ein, legal rtpresent~tives, successors and aui9ro, hereby jointly ~nd severally covenant and ayree
to and with the ssid MORTGAGEE, its soccessors and assigro:
~ 1. To psy ~11 and sinyvlar the p?incipal ar+d imerest and the wrious and sundry swns of monty payable by virtw of said promisswy note, and thu
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, mortgpe, sach and ewry, promptly on the days ~espectively the same sevenlly become dve.
4. To pay ~II ~nd sirgvlar the taxes, asseumenb. Iwies, li~bilities, oblqatiora and ~ntvmbr~nus of tvery nat~n ~nd kind rww on said dswib~d
~ ~ property, or tMt here~fter may be impoted, wffered, placed, levied, a ~ustsed thereon, a that henafter may b~ kvi~d a ~s~esaed ~pon Ndt Map-
+ye, w th~ indebtedness secvred hereby, exh and svery, when dw a?~d pay~bk, aaordirg ro I~w, befor~ they become delinquent, ~nd !»fw~ a~y imer~st
att~ches a any penalty is inturred; AND INSOFAR AS ANY THEREOf IS Of RKORD THE SAME SHAII dE pROMPTIY SATISFIEO AND DISCHARGED Of
RECORD AN~ THE ORIGINAI OFfICIAI DOCUMENT (Sl1CH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALIY ENOORSED
OR CERTIFIED) SHAII BE PlACEO IN THE HANOS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in th~ swnt that a~y tF~eof ft ~w
paid, saY~fied and dixharyed sa:d MORTGAGEE may a! any time pay tM ~ame o~ my part thereof without w~ivirg or affectiny any optan, lien, squity p
•~aht under w by vinue of this monya9e and the full amount of each and every such payment shall be immcdiately dve ar+d pay~bk and ~hall b~u a~teretf
~.om tF+e d~te thereof until paid ~t rate o~ ni~e pe? centvm per annum and topether w;th s~ch interest ~h~ll be secured by tht lien of th:s mw~tape.
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