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HomeMy WebLinkAbout1318 . ~d11~~ , THIS IN~ENTURE. /Yl~ the 7~1.__ day of Au9ust ~ A.D. 19_ ~ 3~ betwesn Ber~c r onstruc on ospari~r~: , a Fl~id'~orpo of $t• ~@ Covnty florid~, Afff~MNtf d~sipnstsd as the "MORTGAGpR," and fIRST FE~ERAI SAVINGS AND IOAN ASSOCIAiION OF FORT PIERCE, a corpwat~o~ oryani:ad ~nd exiiNnp unde? tM laws of 1M Unittd St~t~s of Am~~ica and Mvinp ih printipal plu~ of busin~ss i~ th~ City of ior~ Pi~u. St. luci~ Covnty, florid+, herein~tt~r dKipnat~d as tM "MORTGAGEE." WNEREAS tM MORTGAGpR is ~ntly indsbt~d to tFn MORTGAGEE i~ iM ium of ~ 26+~0•0O ~ good and lawfu! monsy of the Un;ted Sistes advanced by th~ MORTGAGEE unto the MORTGAGOR, ai evide~ced by • certain promissory not~ of even dete he~ewi~h, of which tM tollowinp in wwdi ~nd fgu~es a a tnn copY. towit: i 26,000.00 10020299 Fwt Plera. fbrida. - A l1Q l7S t 7 19~~. fa vat~e received, 1, we or either of us, p~omisa ro pay, without defattation, to the ade~ of F1RS? FEDEiWI SAVINGS AND LOAN ASSOCIATION OF FORT PlERGf at Fort Pierce, florida, ths wm oi = Zb ~Q~Q .O~ with i~rerest from date at ths rate of 7~ pe~ annum, i~ moothly ir?t!a1M ments as follows: s 214•~ on ~F~ 20t~1 ~y of I~OV@qb@Y ~q 73 ~ ~;ke sum o~ tM correipaxl~np day of each month therr after. unti) the whols be fully paid. Each insallment first sMll bs applied i~ payment of ths interest and ~hen on the unpaid bafance of the princ~p~l wm. tf defautt is mads M the payme~t of any installment when due, and such deFault tontinues 30 days, then s1 the optio~ of the holder, and without any othet notite, all the remai~iny ~nstallme~ts sh~ll be due and payable at once. Privilege is give~ to prepay this note in whoh w in pan at any tims without penalty, Neither forebear~nce, nor xceptance by the ho!dK thereoi after any default in any payments he~eon, thall be deemed extcnsion. A late paymenf charge of j lO • 7O, sMtl b~ added ro each installment remainir~Q unpaid 7 da~-s after iri due dafe, and • like wm shall ba addad to each such irtstaltment remaininy unpaid 7 days affer eath tucteeding payment date. E~ch maker, surety and endwser he?eof, jointly and uve~slly, waives demand, p~esentment protest and notice of protest for rwnpayment, ar?d furlher agrees to any extension of t'une of payment, eirher before w afrer maW~iry, without notice to sny of us; and to pay aIl costs of collection, including a reasonable attorney i fee in the event of any default hereunder, and hereby sevcralty waives all benefii of homesfead e tio~ u the tifvf'an and laws of each State of the United States, as against this obligation or any extension w renswat her w~tnesi the hand and seal of each party. Bfi~1 ~ CONST ~ N COI?~ Y~ IPIC • . ' -cs~~u B Y: (SE/?U $ 39.00 ATTfsST: B- HutcbirLaen*,,, Snnretar~ ~q ) State Revenue NOW, THEREFORE, tAe MORTGAGOR fw ths purpose of aecuring payment of said wm of = 26 ~ , u~d tM per{om~snce of fh~ covenanri and ~yreements hereinafte? expreued, and for divcrs ~ood ~nd wlwble coniideratiora, by theie preienn, does• 9r~nt, b~r~ain, seN, remiss, release, convey and conlirm unto the MORTGAGEE, ib successors ~nd ~ssiyns. aU that certain lot, piece or p~rcel of land, aitwte. IYing, and b~inp in ths Covnty of - S t. LUC le , and State of Fbrida, deuribsd as follows: t, . ~ Lots 4 and S, Block 45, SAN I.UCIB PL.~ZA, as per plat thereof on . file in Pl at Book 5, Page 57, of the Public Recozds of St. Lucie .~,¢unty, Florida, ~ r o ~ 7~AT~ ~F - D~C.~UMENTARY ~~O~IQ~ ~ =r . y. D£VT. OF REYENUE~,J ~STA M P TA a` ~ K~ ~ ~0. ~v.I~Y~7.7 ~ ~ '39-00~ o = r~;oz •-...s ~ ~ s . . . I D° \~e'``~~*`- ,s~i i Q~,~ S ~ ' . . . . . ~Z~'~~~' ~ ~Qy ~ ~C ?.t . q ~~5~"~~~ q / _ ~~,C~~~~ 5`• - 3 e,~~ ~ c~ ~ rogether with atl and singular tF~e ta+ements, hereditamenri and sppurtances theteunfo beionging or in anywise ~pperfaininp thereto, and all rent~, haks, p~xeeds ,nd profin sccruinq and to xcrua from said premises, all of which are included in the above and fwepoirg deaviption and Mbendum. TO HAVE ANO TO HOLD the above described and gr~nted premiset unto ths said MORTGAGEE, its suaeuws and assipns foreva. Md f!M s~id 7NORTGAGOR for lt s - hein, executon, sdministntws end •uigrq, hereby coven~nri with ths said MORTGAGEE, its waes~ws ~~d atsip~q, rhat 1 t 1 S ~awfully seized of the said premiset in fee simple; that the sams u~ free, clear and dischar~ed from all Ikro ~nd ennwm brances in Isw w in equiry, and thst it i~ he;n shall warrant u~d def~nd the titt~ to tl» sam~ to th~ ssid NSORiGAGEE, its svocesson and auigro, forever against fF~e lawful daims snd demands of all pevsa?s; PROVlDED, AIWAYS fhat ;f the MORTGAGOR shall p~y uNO the MORTGAGEE ths pfomiuory note he?einbefore dewibed and shall fruly, pranptly and fully perform, dixharge, execute, compkte, compty with ~nd abide by each and every the stipulatans, agreemenb, conditions ~nd carenanb of s~id promissory rate snd of this AAortgsqe, then this Mortyage arx! the Fsrate hereby vKted ahall caase and be nvll and void. IT IS UNDERSTOOp that fhe word "Mort9agor' w1»ther in ths singulu or plwal snywher~ in this Mortgage, shsll be sinpulrr if one only ~nd shall be plural jointly end severally if mor~ than wie, and that the wwd "their" ~s used ~nywhen in this Mortgaye sh~ll be tsken to me~n "ha;• •'hers,'• or "iri;' wherever the context w impties or admin. Atso, that whcreve~ there is s reference in the covena~ri and agreernen» he~ein contained fo a~ryr of the partiei hereto, the ssme shall be construed to mean ss well as tF~e heirs, Ieya1 representatives, successors and auigro (either volvmary by act of tM parties or involuntary by operation of the law) of the ssme and that the covena~ri herein contained shall bind ~rxl tha be~efib and advanf~yes inw~ ro rhe resptctive heN~, kga) rep~eserttatives, succeuws and suipns of tl~e p~rties bereto. And uid Mwtgagors, iw tFromselves and their hein, leyal representstives, s~ccestors and auiyns, hereby jointly Md ~everally tovenant u+d apree ' to and with the said MORTGAGEE, its svccesson and suigns: 1. To pay all ~rd sinpv~a tFx princ;pal ~nd imerest and the vario~s ~~d sundry wms of mo~ey p~Yab(e by vinue of said promitswy note. ~nd this mortgage, each a~d every, promptly on ihe dsys respectively fM same sevtrally becoms due. 2. To pay all ~nd singular the uzes, asscssmenn, levies, liabilities, obliyatans and er~mMances of every n~ture and kind now o~ said d~wibed P~opertN, a that hereaher may be imposed, s~ffered, placed, levied, w ~ssessed thereon, or tMt here~fte~ may be kvied w~sses~sd vpon this Mwt~- age, w fhe indebredness secu.ed hereby, eadi and every, when dve and payable, aaordi,g to Isw, befon tF?ey berane delinqvent, and b~fa~ a~ry iMarest attathes or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD TME SAME SHAII 8E PROMPTLY SATISf1ED ANO DISCHARGED OF RECORO AND THE ORIGINAt OFFICIAL DOCUMENT (SUCH /l5, FOR INSTANCE, THE TAX RfCEI~T OR .THE SATISfACT101V PAPfR OFFlCIAUY ENDORSED OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; ~nd in the event that any thereof h not paid, tat:sfied and diuharged sa:d MORTGAGEE may at any time paY the same p any p~rt thereof without waiviny o? affectirg any option, lien, puity p •~aht under or by virtue of rhis morrgsge and the full amount of each and every such p~yment shall be immediately dve and payable and iF~all bear intKtst kom tix date thereof until paid at rate of nine per ce~tum per anrwm u+d toyethe? with ~ er t hall be set~red by the lien of fh:s mor~tape. g~ ~~7~ ~~13~3 ~ ='~~~1 ~ - I - ~ _ _ _ ~.r. ~ _