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HomeMy WebLinkAbout0835 ~ zszs3s ~ THIS iNDENTURE, Mad~ 1he 21s~i da of au ugt' A.D. !9 73-, be~ween Harris Construct~ion Corporation, a Florida corporation, _ of ~+UCie Covny Flor~d~, herei~afl~r desiyna~ed as the "MORTGAGOR," and FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE, a corporation orpaniied ~nd axisting unda the laws of the Un~ted S~atos of America and having iti principal place of busineis i~ IM City of fat Piaa, St. l~ci~ County, florida, hereinafter des~pna~ed as tht "MORTGAGEE:' WHEREAS tM MORTGAGOR is juftly indebted to the MORTGAGEE in the sum of = 21~~~~ , good and lawful money of ~he Un:ted 5tate~ advanced by the MORTGAGEE unto ~he MORTGAGOR, as evidenced by a certain prom~ssory note of even data herewi?h, of wh;ch the follow~ng in wwds and figures is a trus copy, lo-wit: 3~1.~~00•00 r~p ~.002031~~ Fort Pierce, Flwida, AuquSt 21~ ~q~ . For value received, 1, we or cither of us, promise to pay, without defalcatio~, to ~he order of FIRST FEDERAL SAVINGrS AND IOAN ASSOCIATION OF ~ FORT PIERCE at Fort Pierce, Fbrida, the sum of j_~~~•~ with interest from date at the rate of 8~~7'o per annum, in monthly install- ~ menrs as follows: S 1~9•~ on the 2~'h dsy of ~CAm~@r__. 19 ?3 and a like sum on the cwrespo~d~ng day of each mo~th there- ~ after until the whole be futly paid. Each installment first shall be applied in payment of the interest and then on the unpaid balance of the princlpal sum. If default is made in the ' Eayment of any installme~t when due, and such default continues 30 days, then at the option of the holder, and without any olher notice, alf the remain~ng : ~nstallments shall be due and payable at once. Privilege is given to prepay this note in whole or in part at any time without penalty. Neithet forebearance, ~ nw acceptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payment charge of S~ shall be - cdded to eath Instattment remaining unpaid 7 days aftet in due dete, snd s{~ke avm aF+al{ be added b each wch i~~tallmw~t.roauini~g unpaid 7 daYS after each succeeding peyment date. Each maker, surery and endwse~ hereof, jointly and severally, waives dema~d, preuntment protest ar,d notice of protest fw nonpayment, and further agr~ to any extension of t~me of payment, either before w after maturiry, without notice to any of us; and to pay all costs of collection, inclu ~ng a reasonable attorney's fee in the event of any defau:t hereunder, and hereby severally waives all benefit of homestead and exemption under the constitution ~ and laws of each State of the United States, as against this obGgation a any extension w renewal hereof. w~t~ess ~?x ha~d a~d sea~ of each Pa~ry. HARRSS CONSTRUCTION CORPORATION ~ - Bq:S/~iaze~ J. Harris,. Presiden~_ ~A~~ COEPOP.ATE SEAL AFFIXED ~ Attest:S/Frankl~n A. Harris,~ Secretar,v ~Ai~ ~32.55 , , c~?u ( State Revenue c~~asmaate~aa~~~a 21 T~.00 NOW, THEREFORE, tlx MORTGAGOR for tF~e purpose of sec~ring payment of said sum of s ~ and the performance of the covenan~s and-agr~aw.ua-l+eroinaftes-~xpressQd,-and fos_divers good and-vafw~~..s_s_~+~+~iderations._6~these_WelsIIiL doe3-Qrent, _barQain, sell,--rem~se,_-- release, convey +nd confirm unto the MORTGAGEE, its t~ccessors and assigns, all that certai~ lot, piece a partel of land, sitvate, lying, and being in the County of St. ~11Ci6 end State of Florida, described as follows: Lot 11 and the East 15.06 feet of Lot 12, Block 4, REPLAT OF SUNSET PARK, as per plat thereof on file in Plat Book 13, page 28, Public Records of St. Lucie County, Florida, ; ~ i ~~QMQ~~1 ! ~~~~'N EN c-~5 5 5 ~ ~ ' oo ~ ~EV~~? - ~ ~ 3 Z ~ a Ept. 0 S~3 $ i• ' ~ i ~ O i i~ ~ ~~'p ~ O lN PAYMEM OF TIIXr~. i ~ P~-~ pp()ptlt14, ~ ~ f ~~~02 RECEIYm INiANG18tE PfRSOK1~ ~ •j° o ~1E ON ~S t E R 71•134. 11C~S OF 1911 ~x ~ t0 ~ Ro;;Ea ro~Tw~s ~ ~ WRCU~t cou~t. sr. iaciE ~o.. ~ ! ~ ~ tagether with all and singular the tenements, hereditaments and appurtances thereunto belonging a in anywise appertaining thereto, and all re~ts, iuues, ~ ~ # ~ proceeds and profits acuuing and to acuue from said premises, all of which are included in the above and fwegoirg dexription snd habeodum. ~ a~ TO HAVE AND TO HOID the sbove desuibed snd gnnted premixs u~to the said MORTGAGEE, itt succeuws snd ~uigns 4weva. Md the s~id ` ~ lNORTGAGOR fw --~'g----- hein, executors, administrators snd assigns, hereby covensnts with the said MORTGAGEE, its successora ~nd +ssigro, ~ ~;,~t it'_i9 Iawi~lly seized of the taid premixs in fee ~imple; that the same are free, clear and discharged from all liens +nd encurr~ ' brances in law w in equity, and thst~ will and it9 heirs shall warrsnt and deferd the titla to the same to the said p ~ MORTGAGEE, its successors ~nd auiqns, f«rver sgair»1 tFx lawfu4 claims and dernands of al! penons~ ` PROVIDFD, ALWAYS that if the MORTCaAGOR ahall psy u~to the MORTGAGEE the promiswry note hereinbefore desc?ibed snd shall fruly, promptly ~ ;nd fully perfwm, d~scharge, execute, comp~ete, comply with and abide by each and every the stipulations, agreements, conditions and tovenants of said promissory note aod of this N4ortgage, then this NLortgage and the Estate hereby vested shall cease and be null and void. ~ ~ IT IS UNDERSTOOD th~t the wwd "Mortgagw" whether in tF~e singuiar w plural anywhere in this Mortgsye, ihall be singular if one only ~nd d ahall be plural joiMly and severally if more tMn or?e, snd that the wad "their" as used anywhere in this Mottgage shsll be t~ken to mesn "hi~;' "hen," - or "its;' wherever the context w implid a admits. Alw, that wherever there is a reference in the covenann snd sgreements herein containsd to any of ~ rhe parties hereto, the same shall be construed to mean ss well as the heirs, legsl representatives, successon snd asigns (either voluntary by +ct of ihe parties w involuntsry by operation of the faw) of the ssme and that the covenants herein conuined shsll bind and the benefin and ~dwntsges inure ~o the respective heirs, legal representatives, wccesson and ass~g~x of the p+rties hereto. v~ And said Mortgsgors, for themselves and their heirs, leg~l represe~tatives, successors snd auigns, hueby jointly and severally covenant and ayree " to and with the said MORTGAGEE, its successors and assigns: ~'_i ~ 1. To pay alI and singular the principal and interest and the variais snd sundry sums of money pay~ble by virtue of uid promissory note, snd this mortgage, esch and every, promptly on 1Fx dsys rapectively the same severally become due. ~ 2. To psy •I) ~nd singular the taxes, assessmenb, levies, liabilities, obligations snd encumbr~nces of every nsture and kind now oo said described ~ property, q that hereafter may be imposed, suffered, plated, levied, or sssessed thereon, a th~f hereafter may be levied w assested upon fhis AM1ort¢ age, or the i~debtcdness secured hereby, exh and every, when dve and p~yable, accordiny to law, befae tFroy become delinqueM, and before any intere~~ ~ at~aches a aoy penalty is iruurred; AND INSOfAR AS ANY THEREOf IS OF RKOR~ THE SAME SNAtt BE PROAMTIY 5/1TISfIED AND OISCHARGED OF ~ REGORD AND THE ORIGINAL OffICIAI DOCUMENT (SUCH A5, FQR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIALLY ENDORSFD ~ OR CERTIFIED) SHALL BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AfTER PAYMENT; and in the event that any thereof is not pa~d, satsfied snd discharged sa:d NtOR1GAGEE may at any time p~y the same o~ any part thereof without waivi~g or affetling any option, lien, eqvity or •~aht undn or by virtue of this mortgage and the full amo~nt of each and every such psyment shall be immediately due ~nd payabie and shall bear interest ~.om the dale thereof until paid at rate of nir.e per ce~tum per annum •nd tQytthe w"th such interest shall be iecured by the lien of th's morghye. BoaK~~B P~~F ~3~ . _ ~ = = ~ _ _ - _ ~