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Home My WebLink About0817 - 2'~i4~8 ~ y " THIS INDENTURE. Made ihe 2'~th d~y of Decembe~__` A.o. i93~~ between _ H'ayne Construction Co~, a Florida CorpQrAtian of -St• 1.L1C~@ „~~nty Florida, hereinafter desgnated as the "MORTGAGpR;' and fIRST fEDERAI SAVINGS AND tOAN ASSOCIATION OF fOttT PlERCE, a corpwatior~ a9a~ized and e:i~tinp under the laws of IM U~~ted Satas of Ameriu and havinp ib principal place oi buslMts in ths Ciy of Fort Piacs, St. lvcia County, flotid~, herainafte~ ds~ignated ~t /M "MORTGAGEE:' , WHEREAS ths MORTGAGOR is justly indebted ro the MORTGAGEE in the sum oi = 30~~QO-O~_, and la~vtul money of the Un:ted States advanced by ths MORTGAGEE unro fhe MORiGAGOR, as evidenced by a cen~~n prom;ssuy note of even date herewith, of wkch the iollow~ng in ~~wds and figures is a trw copy, to-wit: s_~o..~oc~ ~ r,~ ~~n _nsg~ ~n P~e.~.. Fio.~d.. December 24 ~y~3. , ; Fa value ~ece~v~d, we w either of us, promise to pay, without defaicaiion, to the order o( FiRST fEOERAI SAVINGS AND LOAN ASSOClATION OF FORT PIERCE al Fort Pierce, Florida, the sum of s~t~~•~ wirh interest from date at !he ~ate oA~T~.°,b per annum, in mo~thty ins~all- ~ne~ts as fotlows: : 257 on the 2Ot'•h day of Apri1 19 7a and a like sum on the co?respond~ng day of each month there- ~ afrer until the whole be fully paid. Each installment first shall be applied in payment of the interest a~d then on the unpaid balance of the princ~pal sum. If default ia made in the payirent of any installment when dve, and such default confinues 3Q days, thert at the optio~ of the holder, and without any other notice, all the remaining :nstallmeMS shall be due and payable at once. Privilege is givrn to prepay thii note in whole w i~ part at sny t~me without penalty. Neither torebearance, nor acceptance by the hotder thereof aite~ any default in any payments hereon, shall be deemed extensio~. A late payment charge of i~2 • gS , shall be added to each installment remaining unpaid 7 days after ifs due date, and a I~ke sum sfiall be added to each such installmenr remain;ng unpaid 7 dsys after each succeeding paymem date. Exh maker, surety and endorser hereof, joinlly and severally, waives demand, presentment protest and no?ice of protesl for nonpayment, a~d further agrees to any extension of time of payr.Mnt, either before a after matur~ty, without not~ce to any of us; and to pay al! costs ot co!lection, i.xlud:ng s .easonable attwney's fee in the event of any defau~t hereunder, and hereby severally waives all benefit of homes?ead and exemption under the co~stitutan and laws of each State of thc United States, as against this obligatipn w any extension or renewal hereof. w~tn~ss the hand artd sea~ of each Pa~ty. W~1YN~'s CONSTRL~TION CO. BY_ s/ Wayne U. S ines . Jr. . Pres i~~~ Corpora,te Seal Affixed ~ ~E^~~ <<,, csE ) A~ ~ ATTEST: s/ Patricia A. Sines, Secreta ,+45.00:~'~.-. sr.~. a~~~~~ Treasurer~ , ' '*~5? ~""°A~''~;~ _ ~+-oa.) , `T~1?: ~ER8F0l~E, ~he MORTCaAGOR for ths purpox of sec~ring payment of said sum of s ~~~A , t~ ~~a~y~Ce of the :~Y~r~eMS +od a~eeq~ils=~hel~after expreued, and fa ~vers good and valuable consideratans, by these presents, does grant, barpain, setl, ~emise, ~e~pM~,'tore~y ~nd ~ojil~rth unfo the MORTGAGEE, its succeuws and auigns, ell ttwt certain lot, piece a partel oi land, siluate, (ying, .snd being in the Goonf~i of ;,~~'L . Ll,t 1e and Stare of Flwid~, describcd ss follows: , ~~,at'+S , t , _•'~`L.of~~~4, Block 245, PORT S?. LLICIE SECTION 6, as per plat thereof ~".j ti~ on file in Plat Book 12, Pages 36A thXOUgh 36D, Public Records of St. Lucie County, Florida, ~ ~ ~TATE ~F ~L~RlDA ~ n= OC?Ci1M~NTARY~~. ~qSTAMP T A x~ 0~?T. a~ PEYENUE •,Y -i i - _ _ ;~~z~•~3 L ~ 4 5. ~ 0 ~ ~ = P~ ~ ~ ~ It~a2 • r ~ ~ ~,~Q~ IN P~Y1lFJIT 1~ TN~ OUE OM CI.ASS 'C IlITAt~61~1.E PERS0I~IL ?flOPFAn~ ppRSUANT ln q1APTER 71-131. ACT3 OF 1911, j,~l~ ROGER P011RA: CIERK CIRCUIT CO:iR~, Sf. luCfE CA~ FU1. together with all and singular the tenements, hereditaments and appurtances thereunto b~longing or in ~nywise appertaining thereto, ~nd al) renri, iuues, proceeds and profits acuuirg and to acvue from said premises, all of whi~h are included in the abovs and fwegoing desuiption and habendvm. t TO HAYE AND TO HOID the above drsaibed and granted premises unto the said MORTGAGEE, its suaessors and suigns forever. And tht s~id ~ MOR7GAGOR for it !'i he;rs, exccutws, administrarors and assigns, hereby covansnri with the ssid MORTGAGEE, its strctessors and ~ssiyro, rFiat -~-15--- lawfully seized of the said premius in fee simple; that the ssme are frea, clear and dixharyed from all liens ~nd encum- brances in law or in equity, and that lt W~~~ a~ it5 F~ein shall warrant a~d defe~d the title to the aame to the said MORTGAGEE, its successors and auigns, forever against tF?e lawful claims and demands of all persons; PROVIDEO, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory oote hereinbefoie described and sF~all truly, prompfly and fully perform, d~scharge, execute, comp{ete, comply with and abide by each and every the stipulations, syrcertKnts, conditions and covenanri of said promissory note and of thia Mortgage, then this Mortgsge and the Estate hereby crested shall ce~se and be ouH snd void. 3 ~ IT ~S UNDERSTOOD that the wad "Mortgaga" whether in the singu~ar or plural anywhere in this Mortgage, shall be siriyula~ ii one only and . shall be plursl jointly end severally if more than one, +nd thst the word "rheir" as used ~~ywhere in this Matgage shall be take:+? to mean "his;' "hen; • } or "its;' whcreve? the context w implies or admits. Alw, that wherever there ia s reference in the covenants and sgreernents herein contsined to any of i the parties hereto, the ssma shal! be construed to meart as wep as the hehs, legal ropresent~tives, successon snd augns (either voluntsry by acf of the ' parties or involuntary by operation of the law) of the aame and that the covenants herei~ contained shall bind snd tF?e benefits scx! advantages invre ro the retpective heirs, legal repreuntstives, successon and au~gns of the parlid hereto. i /lnd said Mortgagcrs, fw themselves and their heirs, legal representatives, sexceaso~s a~d assigns, I~ereby joinfly and severally covenant and s9ree to snd with the said MORTGAGEE, its svcc~ssors and essigru: 1. To pay sll and singulsr the principal and interest and the various and sundry sums oi money payable by virtve of said promissory note, snd thia mwtgage, esch snd every, prompt(y on the days respectiveiy tMe same severatly become dua. 2. To pay i(1 and singuiar the tsxes, assessmentt, levies, liabilities, obl7gations and encvmbinces of every nsture sr?d kind now on ssid desuibed property, or that hereafter may be impoted, suffered, plsced, levicd, or suessed thereon, w that hereafter may be levied or usessed upon this Mort~- - age, w the indebtedness secured hereby, each snd evcry, when due and payable, sccordiny to law, before they become detinquent, and before sny ttltKdf a»aches o~ any penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIED AND DISCHARGED OF RECCRD AND THE ORIGlhAI OFFICIAL dOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATI$FACTION PAPER OFfICIAIIY FNpORSED OR CERTIFIfO) SHAII BE PtACED IN THE HANDS OF SAfD MQRTGAGEE WlTHIN iEN ~AYS NFXT AFTER PAYMENT; and in the event that any thereof is rwt paid, sat'sfied snd dischargcd sa:d MORTGAGEE msy at any time pay ~he same or any part thereof withouf waiving w affecting any option, lien, equity or •~aht under w by virtve oi this mortgage and the full amo~nl of each ar+d every such paymenf sl~atl be immediately due and payable arrJ shall bear interet~ ~~om the date tbereof until paid at ~ate of nine per centum per annum and together wittisyFh ipte~est shall be secured by the lien of th:s morgta9e. g0lo~ ~22 par,E 8~.7 ~ ._r . , - ` - ~ _ _ , - .=r~