HomeMy WebLinkAbout1250 ~ , 263215 ~
nUS M~EkTU~E. ~wd. ~n. Sth d,y ,f Septeaber a.~. f9
~3_ be,Ween
B~achsark Construction Co nv, Inc., a Rlorida Co;noration
~ County Flwida, F»~eiaafrN deaignared ~s the "MORtGAGOR;' and FIRST FEDERAI SAVINGS AND IOAN
~lS5~OCIATlON Of FORT PIERCE, a aorporation o~~anized and exiuinp urxfa /M Isws of ths United Stat~s of A~neric~ ~nd Mvinp iri principal plact of
b„a~aa w tM Cay d Fon Pisrw, St, luw Counry, Flwida. AlteinaftN desi9nafed as tM "MORTGAGEE."
WIf~f/lS ttre IWORiGJIGOR is justty indtbNd ro tht MORIGAGEE i~ ths sum of j 24 , good and lawful mw~ey of the i1~~ted
S~ates advanced by rhe lYlpRiGAGEE un~o ~he MORTGAGOR, as evidenced by a certain promissory note of even date herewith, oi which the followinp in
words and fig~Kp ia a tru~ topy. bwit:
= 2~~~00•00 ~ ZO02~~02
Fon Pierc~. Flaida. Septeaber 5 19_Z~
For valw rtceiv~d, 1, wc w e~ther of us, p~omix to pay, without defalcation, to the order of FIRST fEDERAI SAVINGS AND LOAN ASSOCIATIOIV OF
~ c~ai PiE1KE at fort P~erce, Ftorida, the sum of = 2a~.~QQ~DO w;th interest from date at the rate oi~.~~96 per annum, in morithly install-'
-~+rs +s ioI•ars: on the day of ~C@ab@i" , 19~~ and a like sum on the correspor+ding day of each month there-
a=?t+ until tht irlwk bc F.iity paid .
' E~cb ~+sstat6nent fint sFyll be l~ed ~n
~ ns app ~ payment of rhe interest and the~ on the unpaid balance of the p?inapal sum. If default is made in ths
;~r+wr oF any vyrat[rnent when due, and such default cominues 30 days, then at the option of the holda~, and without any other notice, all the remain~ng
'~+++s~rerra sl,a!! be due and payabte a! once. Privilege is given to prepay tAis note in wfwte or in part at any time wifhout penalty, tJeither faebearance, 4
• ro~ aaspx+c~ by the ho:der thereof after any defautt in any paymenfs hereon, shalt be deemed extension. A late payment charge of ; Q.a90
_ sMll be
ti ~.iied a escl+ untat~me++t remain;ng u~pa~d 7 days aher its dve date, and a like wm shall be added to each such installment remaininq unpaid 7 dayi ~fter
`C ~"'ei' saened+~4 P+~e~? da~e: - - -
Each mal?er, wrety and endorser he~eof, jointly and severaffy, waivcs demand, presentmenT protest and notice of protest fo? ranpayment, ~nd fwtha~
e*+••+s;rr~ of e:,,e of wyment. either before w after maturity, without not;ce to any of us; and to pay all costs of collection, includiny •
~ •rasoe~ab6e a»orney's fee K+ rhe e~ent of any defauSt hereunder, and hereby severally waives all benefit ot homestead ara eaempiion unoer ine ~w~i:i~~:.-.a
~-d fars oF each Srare of the United Statrs, as against this obligation a any extension ot rtnewal hereot.
~ x+; o~ ~ w~-r- BSPlCHMARK (~ONSTRUCTION COl~ANY~ INC.
L ,x~
BY: s/ Vernon C. Rhines ith~ Pre~i~qx !
~i Corpozate Seal Attixed ~ ~
A~E'y~~ s/ R, HLtr•hin~nny C~wrotsr~(~u
- Sq~c Reverwe
. 1?~9~1~~t-~+e~e)
~ND'i: 1j~e MORTGAGOR for the pu~pose of seturing payment of asid sum of = 2'4
, and ths performance of ths
be~a:nafra e:presscd, and iw d~vers good and valuable consideratio~s, by thex presenri, does grsnt, bar9ain, sell, rcmix, ~
~ u~to the MORTGAGEE ih svcceswrs and assi ns, all that certain bt, iece w parcel of Isnd, sitwte, lyirg, and beinp in the ;
and Stat~ of Fbrida, deuribed ~s foltows: ~
'A'~~' Q
~ t• •-:~0•; ~
the South 16.67 feet ot Lot 7, and all of Lot 8, and the North
~~<<+t~ f~t of Lot g, Block 45. SAN L~IB PLAZA, as per plat
t6ereo! on tile in Plat Book 5, Page 57, of the Public ~tecords
~
of St. Lncie Cou~ty, Florida,~ ;
~
~
;
``s
- _
c~-,T~ E ~F FLD R i D A _ _ _ - ~
~ ~ D4CUMEN~ARIf, -`1'.';~_STIa~~•?~ I bG
c ~EQt_Of Rf11ENUE . ~ IN~ PAYMF111 ~ j~j'~~(
~ ~ ~ i:~~~ •ae ? • w 3 6• O O ~ ~IGK„'~'" ~ ~
~ rcp~~
_ ~r~~et ~ ~ ~ ~S ~ tER 71-13+1. ~s ~ 19
o j t0
. p1fRStNN ~f.pplSRAg~f ~ H1~
. O~Da
•:,ge!t+er .~ish sit and singutar the rc~ements, hered;tamenb and sppurtances thercuMO belonging w in s~ywi~e apperfaining therero, and ~II rents, issues.
c~xee~ a+d profts xmring and to ~caue from said premixs, alI of which are included in the sbove end fwegoirg description snd habendum.
i0 HAVE AND TO NOID the above described snd granted premises unto tF~e said MORTGAGEE, it~ succes~ors and ~ssipos forever. Md tf» said
~~7~.~ ~ lt5 _~;n, execvtors, sdminisva~ws and assigns, hercby covensms with tF~e said NWRiGAGEE, ib s~cceason ~nd ~ssgro, ~
,;_dT lt 1S ~~~ul seized of the said
fy prem~ses in fee simpte; that the ssme are iras, dear ~nd dischsrged from ~1! liens and encua~-
.:r~ in la~r or in equ;tp, and thre it will ~nd ite heirs shall wairaM and defend the title to the same to fhe said
kaRiGJIG~EE. .ts s~xcessors and sugns, fwever against the lawful dsims and demandf of all penons;
"~Vt~,'XLPfA75-tniT4t'rR~"NtORTGA AhORt6R6EE~he- ' einbeEor~describ~d-a~+d-aball uuly. pcanp:ly
+^d fuEhl Perfor~n, dsct~rge, exea,te, complete, comply with a~d ab~de by each and eve~y /he stipulsrions, ~greemenr:, conditiom and coven~nn of said
?~Y ~+ore and oF this Mo~?gage, t}+en this Mwtgage and the Estate hereby vested shsll te~se snd be null and void.
R tS IxVDER5T0pp that the vrord "Mo.t9agor" whether in the s~ngulsr or plural anywhere in this Mortgage. shall be ~irgula~ if one only ~ed
sh~i be pkrs~ jointFy and ~ev~erally if morn th~n one, snd that the word "their" si used anywhere in thit ARwtgspe shslt be taken to mesn "his;' "hen;'
ar as.~ w~i~ve~rer ehe contezt so implies a adm;h. Also, that wherever there is • reference in the covenants and agreeme~b he~ei~ conJsi~ed to ~ryr of
r~e prrties hece~a~ the saeae sha11 6e construed to mean as well ss the hein, kgal representatives, wuessors and asigru (either volunt~ry by ~ct vf the
car*KS or imohx+~ary by operation of the Iaw) of the same ar+d that fhe covenants hcrein contained shall bind and tF~e benefits and adwntayes inure
-o the respectne 1~eirs, kgal representatives, successors snd sss~gns of the parties heroto.
Md saK! Martqagors, fa t1~en+selves and ~fiei? hein, legal representatives, wccestors +nd auigns, hereby jointly and sevenlly coven~nt and pree
n and v.:th the said MflItTGAGEE, its successws and ~ugm:
1_ To pay aN and si~gular the principal and interesf and the wrious and ~undry sums of mone -
-~or~gag~ exh and every, pornptly m t}ie days respectively the same severally become dve. Y P°Yable by virtue of said prom~ssory note, ~nd this
~ To piy aN and aingular the taxes, usessments, levies. Iiabilities, obligations and encumbr~nces of every natur~ and kind now o~ sa;d desa;bed
ctope~h. or M~at hereafre+ rnay be ~epwed, wffered, placed, tevied, o~ +ueued thereon, or tAat hereafter may be levied p auessed vpon tiw Mort¢
age. o d~e indet~tedness secured hereby, s~ch and every, whe~ due snd p~yabk, auordinp to Iaw, before they become deli~+quent, and befws any interest `
a-+xhes ar ar?Y penaltp is incurred; AN~ INSOFAR AS ANY THEREOF IS Of RKORD TME SAME SHAII BE PROMPTIY SATISf1E0 AND OISCHARGfD OF 5
.ictOQO AlVO IHE ORIGtt`AL OfFIC1A1 DOCUMfNI (SUCH AS, fQR INSTANtE, THE TAX RECEIPT OR THE SAIISFACTION PAPER OfFIC1AllY ENDORSED
~ CEQiIi~ED) SMALL Sf PUICED IN THE NANDS OF SAID MORTGAGEE WIiHIN TEN DAYS NfXT AFTER PAYMENT; a~d in the erent ~Mt sny thereof is ~+ot -
~+d sas:fiev! and d"acharged ss:d MORTGAGEE may at any time pay the same or any perf thereof withovt waiving or affecting my option, lien, equiry w '
under w by virtue of th:s mwsgage and the full amount of each and every i~rch payment sF?all be immediately due ~nd payable and shall bear intnest
L.o~++ M+e da~e Mereof u~til p~;d ~t rate of n~ne per centum pe? annvm a~d toqether with such intereit sFyll R secur~ by the lien of th:s mw9taye. ~
eooK~~.$ Fac~~z~~
J'. ~ ~ , i W'.
_ , _ _ - ~ . . _ ' " ` . U
-5..~.'za