Loading...
HomeMy WebLinkAbout0198 254289 ~ THIS INOENTURE. AA+d~ tl» 8~ d~y of "'Oy A.D. 19~.L.~ b~twNe garris Construation Corvoration~. a Flor3da corvoratioa, _ of ~e w ~ Camfy Florida, hK~iMfta dagnated as th~ "MORTGAGOR." and FIRST fE~ERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, ~ co~pa+tion orpanis~d ~nd ~xu~inp und~r th~ lawt of th~ U~it~d SN~a of Am~riu and I+~virg iri p~incipsl plan of busin~at in t!» Ciry of fort Piaa. St. luci~ Couoty. flaid+, hereinafta daipn~tsd_ as tM "MORTGAGEE." WHEREAS th~ MORTGAGOR b~atly ind~bbd to tM MORTGAGEE in 1M sum of = 2~.?~.~ pood +nd lawful money of the Uoited Stat~s ~dvanc~d by tM MORTGAGEE unto the MORTGAGOR, as avidenced by a cerain promissory not~ of ev~n• date her~with, of which tM followinp in wads u~d fiyvres is • trw copy, to-wit: ~1~?~~~ N, 10~9839 Fo?t Piau. Fiwida. ~•t 8• 19~_ Fa val~e receivad, I, we or eithtr of us, ~xomise to p~y, without defslcation, to the order of FIRST fE~ERAI .S~AVqIN~+GS AND LOAN ASSOCIA?ION OF FORT PIERCE at Fort Pieres, fbrid~, the sum of +T~•~ with interest from date at tM rate of 1~ r~ 96 per ~~num. in monthly iiuhll- ments as follows: i.-~ on the ~.Q~ day of ~~~0~ . 19~ snd s liks iwn on the correspond~rp day of each month tha~- ( ~,r after until ths whok be fully paid. . ~ ~ E~ch instaliment fir:t shall bs applied in payment of the interest and then on the unpsid bslance of ths {xincipal su~n• If default is made in tM } payrn~M of any iiutallment when dve, and wth default continues 30 days, then ~t the optio~ of tM holder, ~nd without any other ratice, all the remaininp ~ ~ ~nstallments shall be due and payabls af axe. Privilege is given to prepsy this rate in whole or in p~A at any time without penahy. Neither8f ebeararKe, nw acceptance by the holder thereof after any default in ~ny psyments herco~+, shall be deemed extension. A late payment chargs of 7• sMll be t ~ added to each insNllment remaining unpaid 7 days aftet iri dw date, +nd a like wm shall be sdded to esch such installmsnt remsining unpaid 7 days after i ~ each succeeding psymcnt date. Esch m~ker, swefy and e~daser he~eof, joiMly and scverally, waives demand, presentment protest aod notice of protest fw nonpayment, and further agrees to ~rryr extension of time of paymcm, eithe? before or after maturity, without ratice to any of us; and to pay all costs of mllection, inclvd~np a reasonabk attwney i fee in the event of any default hereunde~, and hereby seve?ally waives all benefit of homestead and exemptw~ under the constifution and laws of each State of ths United States, as agaimt this oblig~tan or any extension or tenew+l F?ereof. ~ w~r~s ~,~a a~a ,~i of ~r? ~Nr• AARRIS OO~ISTf1~TCTIOX COItPORATI~ ; B~ s S/ Hasel J. Aarr~. cs~w President ~u Corporate aesl af!'Y~oed Att.est:~ Fran~luin w. F~asz=a~, ~ ~ Sscrster~ ~ ~ ~ ~31.05 ~ st.r. ae~e~e ~ " ~ ~ws~e) . NOW, THEREfORE, the MORTGAGOR fw ths purpose of securtng p~yment of said sum of S~~~T~'~ . ~~d tM Pe?forr^+^ce of th~ ~i covenann ~nd spreemenn hereirwfter expressed, and for divers good and wtwble considerations, by thefe presenn, does yr+nt, 6ar9sin, sell, remise, retease, convey snd confirm unto the MORTGAGEE, its wccessors and auigns, al! tMt certain lot, piw w parosl of land, situste, lyinp, ud beinp in 1Fn Carnry of • I~~ ~ and Stat~ of Fbrida, desaibed ~s fdlows: 1 - - ; Lot 16 lsss the ~iast 22.lt4 ieet thereof, and t.he i~st 27.31t leet of Lot 15~ Bloclc 4, REP'!,A? O~F SDNSBT PARR, aa per plat thereof an rile in Plat Boak lls page 28, Ynblia Recorda o! St. Imcie Caint~, Florida, M s A- F t~' MP~~ ~ ~ ~ p= ~ OOCU Ehi~ARY .r-~,, Evee~uE • ~ ~ pEP7: - : ~ a~ ` O 5 I ~ sc ' =:;`.i14'73 ; ~7 • ` Y.B. ~ ~ T~ ^ ~ ~uo2 ~ . ~ PAYME~~~ ~ ~ ~ ~ ItlTlltl~?~ ouE on a~ ~ER n-~ ie~L ~ ru~ ro~a~s eo, ~ ~ ~ ~ c~~~ ~y~, Sr. wc?E together with ~II snd singul~r the tenements, heredit~ments ~nd sppurtances therevnto oeionging or in ~nywise ~pperi~inirg ii~ei~. raz:s. proceeds and profits acuuing snd to acuue from said premises, all of which ue includeJ in the sbove and faeywnp dsscription and h~bendum. TO HAVE AND TO HOLD the sbove dexribed and ynnted premaes uMO the said MORTGAGEE, its wa.eswrs a~d +stipns forewr• Md 11r s+1d MORTGA i~ fpr i~ hein, exccvton, administntws and auigro, hereby tovensnb with fFw qid MORTGAGEE, its suocestors and ~ that 1S lawfully seiz4dt the said premisas iq Jee simple; thst the ume ue has, ckar ud disch+rped from dl Ibro and aK++en- brances in I~w or in equity, and th~t l will and 1L8 heirs stull warrant ~nd d~fend tM titl~ fo the sam~ to th~ wid MORTGAGEE, ib wcce~sors and assigns, fwr~er agsinst the I~wfu: claims ~nd dem~nds of sll persau; PROVIDED, ALWAYS tMt if the MORTGAGOR shsll psy unto the MORTGAGEE the promiuwy note hereinbefor~ described ~nd shall truly, promptly ~ and futly perform, discharge, execute, complete, tomply with and ~bide by esch and every the stipubtioro, ~yrecmenb, conditiaa and oovenaori of said promissory note and of this Mortga~e, then this Mortgage and the Estate her~by ae~td shall o~a~t and b~ null ~~d void. : ~ IT IS UNDERSTOOD that fhe word "Mwtyagor" whether in the singular or plwai snywher~ in this Mort9age. sh+~~ bs sk?p~~+r if one onlY +^d ~ •hall be plural jointly ~nd sevewlly if more th~n one, and that the word "their" ~s used anywhero in tba Mwty+ye ahsll be t~ken to m~~n "his." "hen;' o? 'it:," whereve+ the context w implies a admits. Also, thn wherever there is a reference in the oovenams ~nd +preemeMS herein com+ined to +np of the puties hereto, the ssme ahali be wnstrued to mean as well ~s the hein, kyal representatives, wa~sswa and auipns (either vol~ntary by ~ct of th~ ~ parties or involuntary by oper~ta~ of the Iaw) of the same snd that the covensnn F~~in oontiurod shsll bind u~d the banefin and idvanta~es kwr~ to the respective hein, kgal repreuntstives, successon and ass~yro of the parties hereto. i Md said Mortgs9ws, for th~mselves and thei~ hein, leg+l representstives, s~rcceuon snd suiyro. F~er~by jointly and sevarally covenanf and apree ro snd with the said MORTGAGEE, its successon ~nd auigns: 1. To p+y ~II ~nd sinQvlar the principal and interest and the wraus ~nd sundry sums of nwney psYable by virtw of s+id promiuory note, and thu mortga9e, each and every, promptly on the days respect?.:ly the iame sw~rally becan~ due. t 2. To p+y all and sirgular the tsxes, assesunems, levies, liabilities, oblip+Yaro ~nd enarmlxances of wery n~ture and kind now on s~id dsscrib~d property, w tlwt Mreaher m~y be imposed, wffaed, placed, kvied, w assess~d theraon, a th~t her~sfta may b~ fevied a aasessed upon thi~ Nlort~- age, w tF» indebtedness secured hereby, e+ch and wery, when dw and payabl~, sccording to law, b~for~ they become delinquent, and befon ~ryr imerat attaches or amr pen+lty is incurred; ANO INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII dE PROMPTIY SATISf1ED AND DISCHARGED OF RECORD AND THE ORIGINAI OFFICIAI DOCUMENT (SUCH AS, fOR INSTANCE, 7HE TAX RECEIPT OR THE SATISfAC710N PAPER OFfIC1ALLY ENDORSED OR CERTIFIfD) 51iALL dE PLACED IN THE NANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; a~d in the event that any tFroreof is not paid, sat'sfied and discharyed sa:d MORTGAGEE may at any t~me psy the ssme u sny p~rt thereof witho~?t w+ivinp or affectiny ~ny option, lien, eqvity a •iaht ~nder or by vi~tue of this mwtgsge snd the full smovnt of each and every such payment shall be irnrnediately due and paysbk a~d shall beu interest ;.om the date thereof ~ntil paid at rate of nine per tentum per annum and toyether with such interett sh+ll be,, y the lie~ of th's morytaye. a~~~~4 f. ~ ~ ~ ~ ~ s r , } rr ~ '~`x`' - ~ ~ , a~ a i` } -j .e~, ~x ~~y."~a~,~ '~`~~3 ~-.L s Y Yz~s' k c ~ r«-x ~r',.~ ~`~`~_'~'~-~'?`~"~"-~-~.~~-~~a ~ea~'~i.~~ ~ s~~', ~ ~'_~t ,r.~~.r~'~