The URL can be used to link to this page

Home My WebLink About1271 ~69G05 ~ . THIS INDENTURE, Made the 19Lh day of Novenber _,y A.D. 19.73 between _ e y onstruction ompa.ny, a Florida Coxporation of St • ~'uCi@ County Flwids, hereinafts~ desiynated as the "MORTGAGOR," and FIRST FEDERAL SAVlNGS ANO IOAN ASSp~[IAiION OF FORT PIERCE, • co~poration oryani:cd and cxiiting unde~ Ihe laws of the United 5latos of Amcrita ~nd having ib principal piace of businei~ tn fhs City ol Fwt Pierce, S~. tucie Counry, flo~ida, hereinafter drsignared es the "MORTGAGEE:' WHfREAS the MOR~GAGOR is jusily indebted to the MORTGAGEE in the sum of S 38-~4~•~ - 9ood and lawful money of the Un~ted States advanced by the A10RTGAGEE ~nto the MORTGAGOR, as evidrnc.rd by a certain pron~iss«y note of eveo date herewith, of wh~ch the foilowing in words and figures is a lrue copy, to-wit: s38,400.00 . 10020529 No fo~t Pierce, Florida, Noveaber I9 19 73 Fw val,x received, 1, we or eifher of us, prom~se to pay, without defalcet~on, to ~he order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATIOV OF FORT PIERCE at Fort Pierce, Florida, the sum of i 38~400• ~ W;~h interest from date at the rate of 9' 25o pe~ annum, in monthly install- ~~~ents as to~!ows: g329~0~__ ~ ~h~2~tt1 day of ~eeember ~q_ 73 and a like sum on the correspand~ng day of each month there- alter until the whofe be fuify paid. Each ins!atlmenr firsr shal! be applied in paymonf of the interest and then on Ihe unpaid balance of the princ+pal sum. If delault is made in the ;~a;menl of aoy installment when due, and such default continues 30 days, then at the opt~on of the holder, and without any other not~ce, ail the remain~ng ~nstallme~ts shall be due and payable at ance. Privilege is given to prepay this nofe ~n whole w+n part at any t;me without penalty. Ne~the~ forebearance, nor accepfance by the ho;der thereof aiter any defaul? in any payments hereon, ahall be deemed extension. A tate pay~nenl charye of S 16!45, yhafl be added to each instailment remaining unpa;d 7 days after its due date, and a I~ke sum shall be added to each such installment remaining unp;id 7 days after each succeeding payment date. . Each maker, surety and endo~ser hereof, jointly and severally, wa~ves drmand. presenrment protest and nof;ce of protest 4w nonpayment, and further agrees to any extension of time of payment, eithec before w after maturity, witho~t notrce to any of us; and to pay all costs of collection, includ:ng a reasonable attorney's fee ~n the event of any de(ault hereunder, and here6y severally waives alt be~efit of homestead and exemption under the constitulion and laws of each Srare of the linited S+ates, as aga;nst this obligation or any ea~ens~on or renewal hereof, Kelly Construction Coa an WiMess the hand and seal of each party. p y ~ (SEAL) By: s e ly a21, resident ~,A ~ oa ~M 1 (SEAL} ~ t ,T (SEAt1 $ rj7. (~0 . _ ..~y (SEAI? ) State Revenue (SreiwpiseanteMedvnoNglnal-wae) - e • . NO'N, THEREFORE, the MORTGAGOR 1or the pu~pose of sec~ring paym~nt of.s id sum of t 38,400•00 snd the perfarman~r of the covenams and agreements here+nafter expreued, and for divers good and valw6le ~onsiderationa, by these presents, does grant, bargain, se~:, remise, release, convey and tonfirm unto the MOR7GAGEE, its succeswrs and ass~gns, all that ce?tain lot, pitte ot parcel of Isnd, situate, lying, and aeing in the County of St• Lucie and State of Floride, described as follows: Lot 8, Bloclc 8, ORANGB BIAS90M ESTATES, SECOND ADDITION, SBOOND PLAT, accoYding to the plat thereof zecorded in Plat Book 16, page 14, of the public records of 5t. i~ucie Cuur~iy, Fiv~iu~?, ~ ' ~Rti~ i'. ~ ~TA..f-,~ ~ F ~ SThMP ti EN~A Y!'''~.`'.y..~-- ~ r N ~~~"~rbNUf!~= + V o? UEPT. O~ f y i~~ 5~. O~ ~ o ~ ~IJY30'1:i~~. ~ r .a n H P.B. ~ ~ ' +t~..~-~^''" 4 • ' RECEIVFD IN PAYAIENT OF TAXfS OIIE ON CLASS 'C' INTANGtBIE PEQSONAI PROPES(Y~ PURSUANT TO CtiiP'rR 71•1:3. ACTS Of 191L l R06ER POITRAS / CLERK CIRCUIT COURT, Si. LIICIE 00~ FUl together with all and singular the tenemenn, he~editaments and sppurtances thereunto belonging or in snywise appertaining thereto, and sll rents, issues, proceeds and profits accruing and to accrve from said premiaes, all of which are included in the +bove and foregang dewiption and habendum. t TO HAVE AND i~s OlD the above described and granted premises unto the said MORiGAGEE, its successws and assigns forever. And ths said i !~'~ORTGAG~OR fpr heirs, eaecutors, admEnist~aters and asiigns, here6y covenants with the said MORTGA6EE, its successors and ai~i9ns, - ~ ~hat lS Iawfully uized of the aaid prem~ses in fee simple; that the ssme s~e free, dear and discharged from ill Gens and erxvm- brances in law or in cquity, a~d that lt w;Il and 1tS heirs shaU war~ant and defend the title to the iame to tFx said ,tiSpRTGAGEE, its su:cessors and assigns, forever against the lawful claims and demsnds of sll persons; PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note htreinbefo~e dexribed and shall t~uly, promptly ~ , and fuily perform, d~xharge, execute, complete, compfy wi!h and abide by each and every rhe stipulations, agreementa, conditions and covenants of said ' promisso~y note snd of this Mortgage, then this Mortgage ar.d the Estate hereby aeated thall cease and be null and void. : IT IS UNDERSTOOD that the wwd "Mongaga" whether in the singular w plural anywhcre i~ thii Mortgage, shall be singular if one only and , shall be plural jointly and several{y if more than one, and that the wad "their" as used snywF?ere in this Mwtgage shall be faken to meart '"hif," "hen," or "its," wherever the contex? so implies w admits. Also, that whe~ever there is a reference in the covenants and agreementi herein contained ro any of ~ t fhe parties hereto, the same shall be co~strved to mean as well as the heirs, iegal represematives, successon and asi~gm (either voluntary by sct of the carties or involuntary by operation of the law) of the same and that the covenants herein tontained shall bind and the benefits and advantsgp inure ~ ; +o the respective heirs, legal representatives, succeuors and ass'gns of lhe parties hereto. ; And said Mortgagors, for themulves and their hein, legal reprosemafives, successon snd atsigns, hereby jointly and severally covenaM an~ agree ~ ro and with the said MORTGAGEE, ifs successors a~d assigns: ~ i ~ 1. To psy atl and singulsr the principal ar~d interest and the variovs and sundry sums of money payable by virtue of said p?omiuory npte, snd this ~ mortgage, each and every, promp~ly on the days respcctively the same severally become due. l,.~ 2. To psy •11 and sirgula? the taxes, assessments, Ieviri, liabilities, oblgations and encumbrancd of every nature and kind now on said described ~ property, a that hereafter may be imposed, suffered, ptaced, ievied, or assesud thtreon, or that lx~eafter may be fevied w uaessrd vpon this Mortg-~ ~ nge, ar the indebtedness secured hereby, tach and every, when due and peyable, accwding to law, before they become delinquent, and before any iMeres~ ac • ~ arrzches w any penahy is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALt BE PROINPTCY SATISFIfD AYD OISCHARGED OF °t~ RECORD AtYD THf ORIGlIVAI OFFlClAI DOCUMENT (SUCH AS, FOR INSTANtE, THE TAX RECEIPT OR THE S.>TISFACTION PAPER OFFICIAIIY ENDORSED~%m OR CERTIFfED) SHAII BE PtACED IN THE NANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYME~IT; and in the event that any thereof is not ` pa~d, sat sfied and dixharged sa'd MORTGAGEE may at any t~me pay the same or any part thereof withovt waering or affecting any option, iien, equ~fy or ` •~qht under w Sy virtue of this mortgage and the full amo~nt of each a~d every such payment shall be immediately due and paysble and shal! bear interest ~•om the date thereof until paid at rate of n~ne per centum per annum and together wnh such interest stiall be secured by the lien of ~h:s mwgtaye.