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Home My WebLink About2878 ~ ~ V l,, ~ ~ THIS INDENTURE, r?~,d. ~ne 13th day of February A.o. ~y 74 _ tx,W~Q„ Ft. Pierce Constructior~ Coxp, a Florida Corporation of St . Lucie ~ ~Wnty Flaid~, he+einafter desi9~~atcd the "MORTGAGOR;' ~nd FIRST ffDERAt SAVINGS AND IOAN ASSO~IATION OF fORT PIERCE, ~ corporation wys~ized and existi~g under ~he law~ of tbe United Stat~s of America and haviny iri principal piaca of busineu in the City of Fwt Piact, St. lucie Covnty, Flaida, hereinafter des~gnated as ~hs "MORTGAGEE:' WHEREAS Ihe MORTGAGOR is j~ntly indebted ro the MORTGAGEE in the sum of S 22 • 30~~ n~ good and (awiul moncy of the Un~ted States advanced by the MORTGAGEE unto the MORTGAGOR, as avidenced by a cerra~n promissory note of even date her~with, o~ ..h~cR the followiny in wwds and figures is a lrue copy, towit: = 22,300.Q0 ~ 1OU20b34 fwt Pierte, Flaida, FebruaYy 13 19 74 Fw value fKliVCd, 1, we « either of us, prom~se to pay, wiihout defalcar~on, ta ~(x order of FIRSi fEDfRAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fo+t Pierce, Florida, the sum of j 22 ~ 3~• ~ w;th ~nterest from date at the rate of8 ~ 75°k per annum, in monthly instalb ments as fottows: S 148• o~ the 20th day of A~211 l9 74 and a l;ke sum on the cwrespond~ng day of each month therr alrer until the whole he fully paid. ~ Eath installment first shall be applied in payment of the interest and then on the vnpaid balance of the princ~pal sum. ~f defautt is made in the payment of a~y installmant when due, and such defautt continues 30 days, then at the option of the holder, and without any other not~ce, all the remain~r.g +rrstallments shal! be due and payable at once. P:ivilegs is given to prepay this note ~n whole or in part at any time without penatty. Neithar forebea~ante, nw atceptarxe by thc holder thereof after any defau(t in any payments herron, shall be deemed extension. A late payment charge of S 9• shsl) be added to each instaliment remaining unpaid 7 days after its due date, and a like sum shati tx added to each such initallm~l aemaining ~npaid 7 days sfter each svcceeding payment date. Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment proteit and notice of protest fw nonpayment, and fu?ther agreei to any extension of t~me of payment, either before o? after maturity, withovt notice to any of us; and to pay all ca:ts of coNection, iociud~ng a reasonabte atto~ney's fee i~ the event of any defauft hereunder, and hereby severally waives all benefit of homestead and exemption u~der th~ constitution and laws of each State of the United Statea, as against this obligation or any eztension o~ renewal hereof. FT. PIERCfi CQtiSTRUCTIOV CORP. Witness tF+e hand and seal of each party, CORPO~`ATB S~AL AFFIXED BY: s/ D. J. Heller, as President (SEAI) . ~ i~ tt IP:'•,,.r:. . cs~+U ~ : n . ATTEST:s arlys, A. Heller, as Secret~,~{~ a C~. . : ~3~ c , ; ,r (s~1 ( ,y,. ~~~'?Stat~;7tevenve j~~~~~~~ 22 , 300. 00 ~.~1O1~ TH['1~Eit3~E,. t~L N~RTGAGOR for the purpose of seturing paymcnt of said sum of = and the perfwmance of the coves?~ri ~ a~e~ne ?~s.~ierdqsfter expressed, and fw divers good and valuabte co~siderations, by these presents, does grant, bargain, sell, remise, releaice, o~nv y~and conY~m p~1Q the MORTGAGEE, its iuccessors end auigns, all that certain lot, piece or psrcel of land, situaTe, lying, and being in the p, _ St ~l.~c ie County •4 f , and Srate of Fbrida, dewibed ss follows: . ~~1~ Apartaent I~(102) of the COI.ONNADES OONDOMINIL'N #7, according to the Declara- tion of Condominium recorded in O.R. Book 211, Page 6, of the Public Records of St. Lucie County, Florida,T'OGETHER WITH all appurtenances thereto, and together with an undivided in:erest in the common eleaents and limited common elements j thereof , ~ ~ . ' SUBJECT 'PO the terms, covenants, agYeements, obligations and provisions of said ~ Declaration of Condominium which Mortgagor in all things does covenant to Mortga- ~ gee faithfully to observe and perform? E i f /V 04 ~E~~t. t ~ s«? y - r b/ Q~`iH`E'ti v~c ' o . ~ Qc':-='.~ ~E ~ ~ ,yl~• STATE ~F J. ~.c F'L J R f G A i ~ t~,~~e~,~ ~ _ a DO!'UMENTARY.,s°: ~~`STAML' iL~ a ~ VEO ~~t ~Z~'~~ fA. ~ M DEPT. UG K£YENUE ~~~,~O~G~~`N;ayS~~Q p6S` ~~v t ~E- R R~. s '~n cv = PB_ ~ r~i3{L'1{~=~~`-~:~~;, 3 3. a s p~5~~~ ~ . o = ~~~.,2T f ~ ~'F~~~ 3 - - _ - c~- ~ rogether with all and singular the tenements, hereditaments snd appurtances thereunto belonging w in ~nywiu appertaining thereto, and all rents, iuvts, proceeds and profits accruing and to accrue from said premises, all of which are induded in the above and fwegoing dexription and habendum. ~ TO HAVE AND TA HOLD tF?e above deuribed and granfed premisea unto fhe ssid MORTGAGEE, its s~ccessors and assigns forever. Md ths said ; MORTGAGpR fo~ - lt S'_'__ ~~rs, executo?s, administrators and assigns, hereby tovenanh with the said MORTGAGEE, itt successwt snd asig~, that ---lt_1S____ ~aWfully u;zed of the said prem~ses in fee simple; that the aalne are free, ckar and discharged from afl liens a+~d encum- ~ brances in !aw or in equity, snd that lt ~ _ will and lt5 heiri shall warrant and defend the title to the ssme to the s~id i MORTGAGEE, its successors and assigm, Ewever against the lawfut claims and demands of all persons; ' PROVIQED, ALWAYS thst if the MORTGAGOR shall p~y unto 1he MORTGAGEE the p~omissory note Ixreinbefwe described ar+d shall truly, promptly and fully perform, d'~ulw~ge, execute, complete, comply wirh and abide by each aod every the stipvlations, sgreements, conditwm and covenanri of ssid promiswry note and of this Mortgage, then this Mortgage a~d the Es~ate hereby created thall cesse and be nuU snd void. ' IT IS UN~ERSTOOD that the wad "AAwtgagw" whefher in the s~ngufar a ptural anywhere in this Mwtgage, shall be singula~ if one only and ; shatl be plursl ppintly snd feveraNy if more thsn one, snd thst the word "their" ss used snywhere in this Mortgsge sh~ll be taken to mea~ "his;' "hen," w"its; • wherever the context so implies or admits. Alw, that wherever there is a reference in the covcnsnts ~nd sgreements herein tontained to any of the parties hereto, the same shall be co~strued to mean as well as the heirs, legal rapresentatives, successws and assigns (either voluntary by act of the - parties o~ involuntary by operation of the law) of the same and that the covenants herein co~tained ihall bi~d and the benefin and advsntages inv~e ro the respective heirs, legal representatives, succesiors and ass~gns of the parties hereto. z And said Mortgagors, for themselves and their heirs, tegal representatives, s~ccessors and auigro, he~eby jointly ind severally covensnt and ayree ~ to and with the saFd MORTGAGEE, its successws end auigns: _ 1. To pay sll and sirgular the prirxipal and interest and the various and sundry sums of money payable by vi?t~e of said promissory note, snd thi~ ; mwtgsge, each and every, promptly o~ the days respectively the same xveralty become due. ~ 2. To pay all and singulsr the faxes, sssessments, levies, liabilifie~, obtigations and encvmbrances of every natwe and kind now on said dewibed _ property, or rlwt hereaher may be imposed, suffered, placcd, levied, a suessed thereon, or that here~fter msy be levied or assessed upon this Mort¢ : ags, a the indabtednes~ secured hereby, each and every, when due snd payable, xcordinp to law, befwe they become detinquent, ~nd before a~y interesr _ attaches or any penalty is incurred; AND INSOFAR AS AMY THFREOF IS Of RKORD THE SAME SHAII BE PROAAPTLY SATISFIED AND DISCHARGE~ OF ; PEGORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX REGEIPT OR THE SATISfACTION PAPER OfFtCiAIIY ENOORSE~ - OR CERTIFIED) SHAtI BE PtACEb ~N iHE HANDS Of SAID MORiGAGEE WiTHIN TfN DAYS NfXi AFTER PAYMENT; and in the event that any thereof is not ' pa~d, tat'sfied end discharged sa:d MORTGAGEE may at any time pay the same w any part thereof without waiving w afiecting sny option, lien, equiry w ~ •~qhf under or by virtve of this mortgage and the full amount of each and evcry such pa m n shstf be immcd~atety due and payabie end shall bear +nteresf ~.om tfx dste thereof until pa~d at rate of n~ne per cenrum per ahnu a~ e~her ,,c~,~ terest shall be secu~ed by the lien o( th:s rtw~gtaye. : ~ = ~ ~c) FAGE ~O ~