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HomeMy WebLinkAbout2087 _ . _ _ - - - - . _ . . _ - - z~o~1~ ~ THIS INDENiURE. 1Nad~ th~ 4th d+y of Q°~r A.D. 19 7s ~ between I~LI.Y G~ONSTRUCTION CQ?tPANY, a Florida Ccrporation oi $t. Lucie ~ Co~nty Florid~, he~eina(ter dei~g~+ated as tM "MORTGAGOR," an~- FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORi PIfRCE, • corpora?ion ap~ni:cd and existin~ under the laws of ~M Un~ted Sia~~s of America ~nd h~vinp itt priricipal ptace of buun~u in tM City of Fort Piac~, St, lucie Cou~ty, Flor:~:a, hercinaiter desgnated ~i ths "MORTGAGEE:' WHEREAS ti+~ MORTGAGOR is jv~tly indtbtad to tM MORTGAGEE in tM sum of s 36~ ~0•~ good and lawfu! mo.~cy of 1he Un~trd S~ates advanced by tFy MORiGAGfE unto the MORTGAGOR, as evide~xed by • tcrtain p~omiuwy nole of Qven date herew~th, of whith the following in words and (igurss is ~ trw a,pY. towit: ! = 36,000.00 N, 1_ _eo2nS~ F«~ P~?~.. F~a~d.. Deceaber 4. ~v 73 Fw valua received, 1, we ot eitF~e? of us, promise to pay, withoul defatca~ion, to the o~der of FlRST fEDERAI SAVINGS ANO IOAN ASSOC~ATION OF FORT PIERCE at Fort Pierce, Ffwids, the sum of = 36~~~•~ ~ with interest from date at the rate of ~?~6 per annum, in monthly install- •.~..~r: n foltows: ~~9 on the ZOthday of Mareh ~974 and a tike sum on the cwrespo~ding day of each moroh fhere- aErer until Ihe whole oe tully paid. - ~ Each installment first shall be app~ied in p~yment of the interest and then o~ the unpaid balance of fhe princ~pat sum. If defaulr is made in the pa~ment of any instaitment when due, and such ckfault tontirtues 30 dsys, then st the option of Ihe holder, and without any othe~ notice, all the remainiry ~~~srailments shall be due and payable at once. Privilege is g~ven tb prepay this note in whole or in part at any time witnout penalty. Neifher forebearance,~ ~~or acceptance by the holder Ihercof after a~y defauN in any payments hereo~, shall be deemed extension. A late paymcnt charge of s 15~45 shaN bs addrd to each inatallment remain~ng unpaid~7 day~ after i?s due date, and s like sum shall be added to each such installment rema~ning uopa~d 7 days affer i each succteding payment date. 4 Eath maker, surety and endwser hereof, joinlty and sever~lly, waives demand, presentment protest and notice of protes? (o? no~peyme~t, a~d further ~ agrees to sny extensio~ of time of payrtunt, either before w after maturity, withovt not~ce to any of us; and to pay aIl costs of collec+ion, includ:ng a ` r.~asonable attwney's fee in the event of any defau~t hereunder, and hereby stverally waives all berte~if of homestead and exemplion under tht conatitutan a~td laws of each State of the United States, as against this obligation or any extension w renewal hereof. w~+r~ess ihe ?w~d aod seal of each party. KELLY CONS2R[ICTION C(',~pp,p~y {SEAL) Corporale seal affiixed BY= Kelly Hall, President ls~A~~ ~ . (~?U f 554.00 ~ - ~u - ( ~ Stste Revenue ~:.~:;,~i tiDii~~10 3~LISl7i~..OVSC) . NOW, TNERF~ORE, the MORTGAGOR fw the purpose of t~tvrirg paymeM of ssid sum of s 36~~'~ , snd tAe performance of tF?s covenants ~nd sgreements hereinafter eapressed, and fw divers good and valuable cons~derafioru, by these presents, does grant, bargain, self, rem~se, releau, convey and confirm unto the/V1ORTGAGEE, its svccesson and ass;gns, aIl tha! certsin bt, o~ete w pucel of land, •ituate, lying, and beiog in the i Counry of St. L1iC1@ State of Fbrida, desuibed ai follows: _ Lot 5, B2oCk 8, S~COND ADDITION - SECOND PLAT, ORANGE BLOSSQ~f ESTAIES. as per plat thereof on file in Plat Book 16, page 14 ' x of the public records of St. Lucie County, Florida. ~ ; . s E ~ ~ M`n STAT~ ~F FLrJ' R i D~~ DOCUMENTARY~'-=:~ STAMP = A ~ °cz ~ DEF'T.OF HEYEi~IUE!~i `~'i ~ ~ _ _ ~:cL IG'1S S ~ ~ 0 ; o .=uw2w ~ - R~ IN PAYMQR OF TAX~ p~ a+ aass ~ i~N+ci~ v~RSO~ P~n. P11RS11Atli TO CFMP1fR 71-134. IYCTS Of 191~ ~ ROGER POITRAS ~ Fu ~ CIEftK CtitGfl7 C~JRT, Sf. LUCtE . ~ I i i i t rogethcr with all snd singular the tenements, hcreditaments snd appurtsnces tF+ereuMO belongin~ a in ~nywise eppert~ining thereto, and ell rents, iuues, E proceedi and profib acuuing and ~o atvue frav: sa;d premises, all of which sre included in the ~bove and foregoiny dewiption snd habendum. ~ TO HAVf AND TO HOID the sbove described and granted premises unro the said MORiGAGEE, it~ s~rcce:sors and assi9r?s forever. And the said MORTGAGOR for - it5 heirs, executors, sdmi~istrato.s and assigns, hereby covenants with tM s+id NWRTGAGfE, its fucceswrs ~nd atsipro, rhat lt ~S lawfully uized of the said premixs in iee simple; that tM tame sre free, clear and discharyed from all lien~ end erxvrtr brances in law or in equity, and thst it will and itS hein shsll warrant and defend the titt~ to the same to the said MORTGAGEE, its successws and auigns, forever against the lawful claims and demands ot all persons; PROVIDEO, ALWAYS thst if the MORTGAGOR shall pay unto t}x MORTGAGEE 1he promissory note heteinbefwe described and sh~ll truly, promptly and fully perform, d~scharye, execute, compkte, comply with and •bide by each and every ~he stipulations, agreementt, caxlitions and covenants of said promissory rate and of this Mortgage, then this Mortgsge and the Estate hereby ueated shall ceate and bt rwl) snd void. • 11 IS UNDERSTOOp that the word "Mortysgor" wl~ether in tF~e singular or pluraf snywhere in th~s Mortysge, shall be sinpular if one o~ly and ~ shall be plural joiMly and uverally if mwe tMn orte, and thar the wwd °their" ~s used ~nywhere ie this Mort9age shall be taken ro mean "his;' "hen;' or "its;' wherever the context w implies w admits. Also, thst wlxrever there is a reierence in the cove~+nn and agreements ?rorein containnf to sny of rhe parries hereto, the same shall be construed to mesn as well ss the Fxi?s, kga! representativd, wuesson and ~uigns (either volunhry by sct of the parties or involuntsry by operation of the I~w) of the s~me a~d thaf the covenants herein conqined shall bind ~nd tf+e benefin snd advantages inure - ro the respective heirs, (egal rep~esentatives, wcussors and au~qns of tbe panies herero. And ~sid MSortgagors, For themselves and thair heirs, legsl representatives, successors and auiyns, hereby joimly and sevcrally covenant and agree ~ ro s~d with the ~aid MORTGAGEE, its successwa and assiyns: ~ 1. To pay all and singul~r the principal and intereit and the various and sundry wms of mooey psyable by virtue of said promissory note, and this mortysye, each and evcry. promptly on the dayt respettiveJy the ume sevenlly betoms due. i 2. To pay all ~nd sirgular the taxe~, asussmenn, lev;es, liabil~tces, obltgsYa~s and enc~mbances of every natura and kind now on said dewibed prope~ty, a ti~at hereafter may be imposed, tuffered, placed, levied, a sssessed thereon, a tFwt herea(ter msy be levied a a~sessed upon tMia Mort¢ e~e, a tF~ indebtedneu secured hereby, esch and every, when due and payabk, accordinQ to law, befpe fl~ey become delinquent, u~d before any intereit attathes w any penalty is inc~rred; AND INSOFAR AS ANY THEREOF IS pF RKORD TNE SAME SHALL BE PROMPTLY SAiISF1ED AND OISCHARGED Of RECORD AND THE ORIGIhAI OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPi OR iHE SATISFACTtON P/IPER OFfIClALtY ENDORSEO OR CERTIFIEO) SHAtI BE ALACFD IM iHE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXt AfTER PAYMENT; ~nd i~ the event that ~ny thertof is not pa~d, sat"sf~ed and d~scharqed sa:d MORTGAGEE msy at •ny t~me p+y the same o~ any pan thereof without wsivirg or affecting any option, I;en, equity or •~qht unde~ or by virtve of this mort9age and tke tu11 smou~t of each and every •uth paymenf shall be immediately dve and payable and shall bea~ interest ~•om the date thereof until paid at rate of n~ne pe~ cent~m per annum and togefher Nr;th such interesf, s~~l~~M~red bY ~e~e~~th:f mOrgta9e. 800K P~cE ~1