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HomeMy WebLinkAbout2885 2580'78 THIS INOENTURE. Made the 28th day of J~e A.D. 19~ be?wNn Harria Constructio~ Corporatian, a Florida Cor~orat~cn, of St• LuC~B County Fla~d~, herei~afHr dstgna~ed ss ~M "MORTGAGOR," ~nd fIRST FEDERAI S~?VINGS AND LOAN ASSpC1AT10N Of FORT PIERCE. • corpwa~ion oryanized and exititing under IM i~ws ol ths United Stat~s of Amaica end havinp i» principal pl~c~ of ? buaneu Jn tFN City of Fwt Piac~, St. tucie County, Florid+, he~einafter designa~ed ~s tiw "MORTGAGEE:' ~ WHEREAS tF+~ MORTCsAGOR is j~sdy indtbted to tM MORTGAGEE in the sum of i 20f7~'~ good and lawful money of the Un~ted States advanced py the MORiGAGEE unto the MORTGAGOR, as evidenced by a certain promissuy note oi ewen date he~ew~th, oi wh;ch 1F~e toltowir~ fn s p(~'iYd,fiqy(/f is a trw copY. to-wit: [ /W~W ~ ~arl~~ ~ Fort Pierce. Flwida, ~e 2g~ 19 ~3 ~ For value received, 1, we or either of us, promise to pay, withoul defalcation, to the order of FIRSi FEOERAL SAVING~~S~ ANO LOAN ASSOCIATION OF h fORT PIERCE at Fort Pierce, fb~ida, the sum of S 20L~~~~ with interest from date at 1he rafe of 8~`~9'o per annum, in monthly ins1a11- ~ L,~ y,~ q~ 7'~ ments as lollows: j Iw~~ on the 2~`tlay of ~t0~r „ 19~_ and s like sum o~ the correspond~rtg day of each moMh flx~r a(ter untit the whole be fully paid. , n! fach instaflment first shall be applied in paymenl of the ioteresl and lhen on 1he unpaid balance of the print~psl tum. If default is madt in the l~? payment of a~y instaflmem when dve, and such default cominues 30 days, then at the opt~on of the holder, and without any other notKe, al! the remainfrg ~nstallments shall tx due and payabk at once. Piivilege is given to prepay this note in whole w in psrt at any time without penalty. NeitFj~er f~webear~nce, nor acceptance by the holder thereof a(ter any default in any payments hereon, shall be deemed extension. A late peymF~t charge of = ts~~ shall be ~ added to each inslallment ren,aining unpa~d 7 days after its due date, and a like sum shall be added 1o each auch inatailment remsining unpeid 7 days afttr each succeeding payment date. v fach meker, surety a+~d e~doner he~eof, jointly and severalty, waives demand, p?ese~tment protest and notice oi protest for nonpayment, and further agrera to any extension of time of payment, eithe~ before or after ma~urity, witiwut ~otice to any of us; and to pay all costs of cotlccfion, inciud~~g e reasonabk attomey's fee in ~he eveM of any defautt hereunder, and hereby severally waives aA benefit of homeatead and exemption under Ihe corutitul'an ~ and laws of cath State of the United States, as against this obligation w ~ny extension or renewal hereof, ' ~ W~tne:s the hand and seal of each party. NARRIS CONSTRIICTION CORPORATION , By: S/ Aaael J. Harris, ~~y President ~,,,i~ Corporate seal afPixed Attest: S Fyranklin A. Harris, ~Au ~31.05 . Secretar~r es~w 4 ~ State Revenue ~ v (~~~~#il~i?M~IylAM111AA NOW, THEREFORE, the MORTGAGOR fw the purpose of sKUrlnp payment of said swn of i 20~7~'~ and fF~e perform~oce of 1hs covrnanJS and agreementa hcreina(ter expreased, and fw d~vera good and valuable cons~derations, by these presen~s, does grant, bargsin, xll, remise, rclease, convey and confirm unto the MORTGAGEE, its wccessors and auigns, all that ce?tain bt, pieos or parcet of tand, situate, lying, and beir+p in the County of St. Lueie and Stste of florida, described as follows: Lot Lt less the W~est ].7.3~t feet thereof, and tha ~+1est 22.21t feet of LoL 5, Block 5, REPLAT OF SDNSET PARK, as per plat thereoP on file in~ P1at Book 11, page 28, Public Recoards oP St. I,ucie County, F1oMda . ~ ~ o .STATE oF ~'LORID.o. ~ Q DOCUMENTQRY~°-r~$TAMP TAX ~ Z ^ DEPT_ Ui REVE-h'~lE • ~ _ _ ~3 ~ - = 3 i. 0 5 t n ~ P.B. ~ ~ o = i~~rt ` .r~ ~ 1 / 14`~ ~ rj ~ ~ ~~1,~ ~,~~5 plf 1911. /i1 P~""- ~ ~E ~ ~ ~~t ~ ~ fogether w~th sll and singular the te~esnents, hereditaments and appurtances thereunto belaging w in anywise appertsining thereto, and all renb, iuues, ! proceeds and profits acau~~g and to accrue from ssid premises, all of which are included in the sbove and foregang dewiption and habendwn. ! TO HAVE AND TQ }iOID the above desuibed and granted premises unto the uid AAQRTGAGEE, its succestors and auiyns forever. And ths said MORTGAC~QR fp~ - iLS heirs, executor~, administrators and suigns, hereby tovensnts with the s~id MORTGAGEE, its suctessors and ~ssiyro, it 1~! fhat lawfvlly x~zcc~. pf tbe said premises iniqe simple; thst the ssme are free, clear ~nd discharged from all 1'iens u+d er+cum- brances in law a in eqvity, and that 1L will and L9 hein shsll warrant and defend the title to the tame to the said ~ MORTGAGEE, its successws and sugos, faever against the lawful claims snd demsnds of all persons; PROVIDED, AlWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the promisswy note hereinbefore dexribed and ihsll truly, promptly and fuity perform, d~uha+ge, exetute, complete, comply with and abide by each and every the stipulations, sgreements, tonditions and covenanri of s~id - prom~ssory note and of this Matgage, then this Mortgage and the Estate hereby aeafed thall ce~se snd be null and void. ~ IT IS UNDERSTO~D that ihe wwd "Mortgsgor" whether in the singular or plural anywhere in this Mortgage, shsll be sinyular if one only and ~ shafi be ptural joinrly and severally if mwe tF~an one, snd that tF~e wud "their" as used anywhere in this Mortgsge sh~ll be taken to mean "his;' "F~en;' ; or "iis;' wl~re:~r stsa context us implirs ot edmits. A~so, ~ha+ wherever there is a reference in the covensnh and sgreements he?ein contsined to any of ~ s the partics hereto, the same shall be construed to mea~ as welt as the heirs, legal repreuntativei, svccesson snd assigru (either voluntary by aN of the l..,. r parties or involuntary by operation of the law) of the same and that the covenants herein contained shsll bind and the benefiri sod advant~qes inur~ ro the rcspective heirs, leg+l representatives, successora and ass'gro of the pufies hereto. ~ t And said Matgagors, for themulves and their heirs, legal representatives, successors and essigns, hereby joinNy and sevaaUy covenant sod ayree • ~ ro and with the said MORiGAGEE, its successors and assigns: ~ ~ 1. To ~!I a~d si utar the nnci I and interest end the various and sundr sums of mone a able b virtue of said y 1 s`. A+Y ~9 P W Y Y P Y Y promissot note, and fhis ~ mortgage, each and every, promp~ly on the days respectively the same seve?ally betome due. ~ 2. To psy all and sing~lar the ta:es, asussmenri, levies, (iabilities, obligstions and encumbrances of evcry rutu?e and kind now on said desuibed property, a fhat hereafter msy be imposed, suffe~ed, pl~ced, levied, or assessed thereon, a that hereafte~ may be levied or assessed upon this Mort~- ~ ~ge, a the indebtedneu secured hereby, each and every, when due and psyable, ~ccordi~q ro law, before thay become delinquent, ~nd befwe ~rryr interest attaches or any penalty is incurred; AND INSOFAR AS ANY ~HEREOF !S Of RKORD THE SAME SHAII BE PROMPTLY SAi15F1ED ANO OISCHARGED OF r RECORD AND THE ORIGIhAI OFFICIAI DCCUMENT (SUCH A5, FOR INSTANCE, TNE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED ~„i i OR CERTIfIEO) SHAtI BE PLACED IN THE HANDS Of SAIO MORTGAGEE WITHiN TEN DAYS NEXT AfTER PAYMEMT; ar?d in ?ne event that sny thereof is not paid, sar'sfied and dixharged ss:d MORTGAGEE may at any time pay the same w any part thereof without waiving or a(fecting any option, ~ien, equity or ~~qht under o~ by virtue of this mortgage and the fufl amoum of each and every s~ch paynzeM sh~ll be immediately due and paysble and shaN bear interest ~~om the date thereof until pa~d ar rare of nine per centum per annum and together w~th such interest ahall be secured by the li~n of th:s moryta9e. i , C I y ~ ~ ~ . T . s F; ~ ~ ~ s