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Home My WebLink About1569 ti ~ ~1. t3 ?HIS INDENTURQ Nbd~ th~1St~l ~y of June' A.D. 19 7~., betw~e~+ KPl 14. Constr~ction Com~,-~ny ~ a Rlorids Corporatipn S o{ St . LL1C1@ C~~~y f~~~ }~f1MfIN d~s;ynated ai tM "MORTGAGOR," ~nd FIRST FEDERAI SAVINGS AND IOAN ASSOCI/~TlON OF FORT PIERCE, ~ corpor~tion orp~~iud and ~xi~~inp u~der ~i+~ lavin oi tM United Su~~s of Mu~ka and havinp in principal plau of busin~ss M tF» City of Fort PiKC~. St. luci~ Couoty. Florid+. hsain~ft~r de~cpnated u tM "MORTGAGEE." WHEREAS th~ MORTGAGOR ia jvatly ind~bt~d ro ths MORTGAGfE in th~ wm of s 33 , 6~ . ~n , yood and lawful mw?~y of the Un~ted w Sqte~ advanced by tM MORTGAGEE unb tM MORiGAGpR, as ~videnced by a c~nsin promiuory rats of aven d~te herewith, of which th~ followinp In , J = qr~ a2d, jlpurd b• trw copy. lo-wit: s.3, v~~v lx~ T_~ 11000098 r ~w? ot~c, F~«~d,, June 15 . ~9~_ For valw received, we or either oi us, promise to psy, without defalcation, to ths order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF ~ FORT PIERCE ~t fort Pierce, Ftorida, ths sum of = 33 , 6~ . 0~ w;th interest from date at the rate of 7• 7-x, per annwn, in monthly irotall- ~nents ~s follows:: 254. ~0 on the l~t~y of August ~ ~y 73 ~ ~~ke sum o~ tha cwrespa~dinp day of Qach month tFx~r after uMil tl+e whote be fully paid. ' Esch installment first shall be ~pplied in payment oi ihe intercst and rhen on the v~paid balance of the pr;ncipal sum. If defsuh is mad~ in th~ ~ paymmt of ~ny i~utallment when dus, a~d wch default continues 3p days, then at the option of the holde~, and without any othsr notice. all the rertwininy v inatallments shell be due arx! payabk at once. Privitege is given to prep~Y lhis note in whole or in put st ~ny time without panslty. Naither forebearance, nor acceptanc~ by the holdar thereof afta sny default in ~ny p~yms~fs hereon, ihall be deemed extension. A late payment tharge of ~ iZ ~ 7O shall bs added to each instaltmant remaininy w~pa~d 7 days after its due date, and a liks wm shatl be added to each such installment rerMininy ~npaid 7 d~ys after _;`3 each succeeding payme~t date. - Each maka, surety snd e~dorsen c~reof, jantly and sevcrally, w~ives demand, presentme~t protest and notice of prote:t for rwepaymerit, and furiher ~ agreet ro any exte~sion of t7me of psymeM, eitFw.v before o~ after maturity, wirhout notice to any of us; and to psy all costs of collcction, irxludiny • ~ reasonabk atto~ney i fee in the event of any def~uh hereunder, aod hereby uvcratly waives all benefit of homestesd a~d exemptio~ unde~ fhe caatitutioe and laws of eacF? State of tFK Unifed States, as ~gainst this obligation w any extension or ~enewa! I~erwf. Witneu the hand end ual of e~n ~.~y. Kelly Construction Compatly B~l: @ }1 d , resi en ~Au (s~?U ' ~ ~50 . 40 f State Revenw Y ~ ~U ~i3cal0lDtdofodteQ?Ci[]ifAplOC~ NOW, THEREfORE, the NRORTGAGOR fot the purposs of secwiny payment of i~id sum of ~ 33 ~ 6~~ . t . and iM perforrt+sncs of ths coven~nb and ayreemenb hereinafter expreued. and fw divers 9ood and vslwbb ~ oonside~ations, by thess presenb. do~s gr~nt, bsrp~in, sell, r~+n~se, relcase, tonvey and confi?m upro tl+~ MORTGAGEE, its s~ccesson and aui9ns, •11 that un~in lot, pieoe or parcel of Isnd, situate, lying, and beirg in 1M ~~~ry ~ St . Lucie ~ s~~ts of Florida, de~aibed ~s follow~: i.ot 3, Block 8, Second Addition of Orange Blossom Estates, as per Plat thereof ~n file in Piat Book 24, Page 2, of the Public Records of St. Lucie County, ~ ~ F'Iorida. . . ~~~~~t. O QA'~~', Q ~ p o STATE o~ FLOR1[~A ~ ~ y// ~~~~S~~,y, . o~ ~ ~OCUMf NTARY ~.~TAMP A 3: ~ r,~ ~a,~~~ i.yA• ~ c DEPT.OF REYEHUE ~ i c\N~~1~~~ZQ~"'~~;,~F- -~o ~ .t;il120'7a + t ~ ~r Pa ~ j ~ O. 7 O ~ ..44~~,a ~ C~~~,~,,~l ~ o ~ 11102 ~ r~,~~ t ~ ~ h - . . ~ , ~ ~ together with alt and singular ths ter?emenb, hereditamer?ts and eppvrtancd therevnto belonyirg w In anywise ~ppert~ining thereto, ~~d all rents, iasuti, ~ proceeds and profin ~cuvirq and to acuue from s~id premises. ~II of wFiKh ue included in the ~bove and fwcgarg description ~~d h~bendum. TO HAVE AND t0 HOLD the above described and 9?~nted premises unto the said MORTGAGEE, ib suaessors snd auiyro forevu. Md tiN said ~ MORTGAGOR fa 1 t 5 - hein, executws, administraton ~nd auigns, he~eby covenanfs with fha ssid MORTGAGEE, iri s~xcesson snd astipro, ! that 1 t 1 S ~awfull sei of the ssid y zi t prem~ses ltfS timplr, that ths iame ue free, cksr ~nd diuMrgad fram •II liens and snc~rtr ~ brances in law or ln equity, and that will ~nd hein sMH warrant end defend tbt titlt to tht sam~ to 1!» aaid ~ MORTGAGEE, i» successors and ~ui~ns, forever ayainst the lawful d~ims and demsnds of al) perwrot , PROVIDED, ALWAYS tMt if the MORTGAGOR shall p~y unto the JNORTGAGEE fhe promiiwry note hereinbeiwe destribed and shall ttuly, p?omptly and fully perform, discharge, exec~te, complete, comply with snd ab~de by each and every the stipulatiau, ayreemenfs, conditian ud covtnartb of said ~ promiswry rate and of th» Morfga~e, then this Mortpsge ~nd the Estate hereby created shafl uss~ ~nd be nuU ~nd void. ~ !T IS UNDERSTOOD that tF~e word "Mort9agor" whether in tfie singular w plwal s~ywlm~ in this Mort~s~e, shall be sirpulu if one only ~nd shall be ptural iointly and ~everally if more tlu~ on~. ~nd tfiat the word "thcir" ~s used anywhere in this Mortgaye shall be tsken to mean •'his," •'hen•• or "its;' wl?erave~ thb conte~ct w implia or admits. Also, that wherever there is a refaence in ttw coven~nn snd ayreernenri 1?erein contained to ~Mr of ~ the parties hereto, tF~e same tMlt be construed to me~n ~s wetl ss the hein, layal representatives, wcceuon and auiyro (either volvntary by act of th~ parties or invol~ntary by operation of the faw) of the same snd that the cove~snts hcrein conhirrod shsll bind and the benefits ~nd adv~ntaQes Inw~ ro tF~e mpective heus, kgal representatives, wccessws a~d su~gn of the parties hereto. . ~ t And ssid Mortgsgors, fw themselves ~nd their }?ei~s, Iegsl represenutives, successws and usiyns, hereby jointly and severally covenant ~nd ayne , ro ~nd with the said MORTGAGEE, in svcccssors and augns: ~ 1. To pay all and si~gular the printipaF and interest ~nd the variovs and svndry sums of money payable by rirtve of said p~omisso?y note, and this rnortgape each and every, promptly on the dsys respectively the s+rt~e sev~rally becom~ due. z 2. To p~y ~II and sirg~lar tfie tsxes. ~uassmenn, levies. IisbitirKS, obligstwns snd encumbrances of every nature snd kind now on ssid dexrib~d Prop~rty, or that here+ft~r m+y be impwed, suffered, placed, tevied, or auessed tfxreo~, w tMt hereafter may be levied w. asusfed ~pw~ thia Mo~tQ- : age, or th~ lndebtednau aecured hereby each ~nd every, when d~e ~~d psyable. scco~dirg to 4w, before they become delinquent, ae+d before aMr Mterest ~ attaches or any penalty is incurred; ANO INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISf1Ep AND DISCHARGEO Of ~ RECORD AND THE ORIG1fYAt OfFIC1Al DOCUMENT (StJCH A5, FOR IN5IANCF, iHE TAX AECfiPT OR THE SATISFACTION PAPER OFfIC1AlLY ENDORSED OR CERTIFIED) SNAII 8E Pl/1CED IN THE HANOS OF SAtD MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in tF~e ev~nt tMt any thereof a rat paid, aat'sfied •nd discharged sa:d MORTGAGEE may at any time pay the same or my part thereof without waivirg or affectinq any option, liere, eqvity or ' •iqht unde? w by virtue of fF~is mortysge snd the full amount of each and every such paymenl shall be immediately due a~d payable a~d shall bear inte?est > ~•om ~he dare the.eof until paid at r~re of n~ne per centum per annum and toyether w~th such int ~~sl~~u~~~of th:s maytaqe. F y`~§"' ! " ~ ~ _ _ . - ' _ ~ - " . . ~ ~~p~-y. ~ ~ ~e i~~~'.~`'~„ al.:s-c ~i' g Y i - ~r .af.^." 4 . . . , , _ . -;:sr~S~.,-r .;.-:.,.`~"~~~s~"'-~~