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HomeMy WebLinkAbout1166 ~~/~`J,r ~ iMlS INDENIURE. Made the?6th day of Rebr uaz~_ _ A.u. iv__ 74 , betwec~ Narris Constsuction_Corporation, a Rlorida Cozporation of St • ~'uCi@ County ftwida, hereinafter dea~yneted as the "MQRTGAGOR," a~d FIRST FEDERA~ SAVING$ AND 10~1N ASSOC~ATION Of FORT PIERCE, a corporation organized and ex~st~ng undr~ Ihe laws of the Un~ted Staws oi Amerita snd having its princ~pal plecs of bu~ioeu in 1M City of fwt Pierce, St. lucie County, ilwida, F.ereinafter drs~gnated as the "MORiGAGEE:' WHEREAS the h10RTGAGOR is ju~tly indebted ro the MORTGAGEE in Ihe sum of S?? f 300• , good and lawful money o( ~he Un:ted Stales advanced by Ihe MORTGAGEE unto thr MORTGAGOR, as evidrnced by a certo!n prcm~:sory note of even date herrwah, of wh:ch the foilow+ng in wosds and figurei it a true copy, to-wit: ~ ~ 10020654 S 22 300 00 fo~t P~~~~Q, Fi«~aa, February 26N~ ~y 74 Fw value ~eceived, t, we or either of us, prom~se to pay, without de~alc~~~on, to the ordrr of fIRST FEDERAt SAV11~iGS AND LOAN ASSOCIATION OF ~ORT PIERtE at Fwt Pierce, Florida, the sum o} S??s3~'-~ - w~tn mrr~est hom date at the rate of 8!7S.o pe? annum, in monthly install- ments as fottows: S-1~~~~ on the 20th d~Y of _ Apzil . 19 74-- and a like sum on the correspond~ng day oi each monfh ~here- afier until the who:e be fuily paid. Each installment first shall be appliad in payment of the interest and then on the unpaid ba~ance of the princpal sum. If defauh is made in 1he ~ a~ment of any instal;rnent when due, and such default continues 30 days, then at the opt~on oi the holder, and without any other net~ce, all the remaining ~nsrallme~ts shafl be due and payab!e at oncr. Privilrge is given to prepay this note in whole or in part at any time without penalty. Neither forebearance, nor accep~ance by the holder thereof after any default in any paymerts hereon, shall be deemed extension. A late paymeM charge of S 9~?O-. shall be .+ddrd to eath irotallment remainirg unpa±d 7 days afte~ its due date, and a I~i.e su~n shall be add<-d to each such installment remain~ng unpa~d 7 days after each succeeding payment date. Each maker, surety a~d endorser hereof, jointly and severally, wa:ves de~nard, presentment p~otest and notice of protest fw ~onpayn,ent, and furthe~ agrees to sny extension of t:me of payment, e~ther before or after maturity, wiihout nonce to any of us; and to pay all cosis of collection, includ:ng e re~asonable artorney's fee in the eve~t of any de(au~t hereundrr, and hereby severally waives all benefit of homestead and exempt+on undz~ the tonstitution .~~;d laws of each State of the Un~ted 5tates, as against this obligation w any extens~on or renewal ~~~IS O~NSTRUCTION oDRPORATION Witness the liand and seat of each parfy. QORPORA?B SBAL ARFIXBD BY: s/Hazel J. Harris, ~esident (SEAL) (SEAI) ATTBST: s ran lin . Harr s, SecretarysEA~~ $33.45 «u { ) State Revenue !~tllflp! lAhR1~ld`!fR ~R1g'1~lf~ eRJ1!? NO'N, THEREFORE, the MORTGAGOR fw the purpose of securi~g payment of said sum of S 22 ~ 3~~ 00 and" the perfwmance of the covenants and agreements he~einaiter expressed, and for d~vers good and valuable cw~aidzrations, by these presents, dces grant, bargain, sell, remise, release, convey and confirm untq the MORTGAGEE, ils succrssors and assigns, atl that certain lot, piece or parcel of Iand, tituate, lying, and being in the County of St . LuCle and State of Florida, desvibed a~ follows: Lot 9, L.ess the West 44.84 feet thereof and all of Lot 10, Block 5, RBPLAT OF SUNSBT PARK, according to the plat thezeof on f ile in Plat Book l l, at Page 28, Publ ic Records of St. Lucie County, Florida, . " STAT~ ~F FL.~R;D.'.1 ~ DO~UMENTAR~~:-;.,,STI~M< ~ c" JEF'..OF k~YE1+lUE F~ ~ t _ _ :~~.o t~ i~ ~ 3 3. 4 5 ~ ~ N _ ?e. ' ' j ' - ? t ~ D'[ _`~F i ~ ; ~ - p~ rxrMOrt oF ~uce3 OUE W1 C~ASS 'C MITM6INR PEA901111L ?QO~x. ~ ~ p+r~wrt m aw,~ n.~, ~crs ~r ~in. j~ ~ aooo~ roR~s ~ otaw c~arri oou~ sr. WCrE oo. tu ~ ~ ~ ~ - ~ ~ iogether with all and singular ihe tenements, herediraments and appurtances thereunto belongirtg a in anywise appertaining thtreto, and ali tent~, issues, ~ proceeds and profits accruing and to acc?ue from said premises, all of which are included in the above and foregoing desuiption and habendum. ~ TO HAVE AND TO yOID the above desv~bed and granted premises unto the said MORTGAGEE, its successors and assigns forever. And tFx said 1tS ~ MORTGA~'iOR fw ~~rs, exetutors, administrators and assigns, hereby covenaMS with 1he said MORTGAGEE, its successo~s and +ssiyat, ti lt 1$ rhat - lawfully se~z d of the said prem~ses in fee simple; that the same are free, clear and dixharged from all lieru snd encurr~ ~ brances in law or in equity, and that ~t will and lts heirs shall warrant and defend the title to the same to the said MORTGAGEE, its successors and assigns, fwever against the lawful daims and demands of sll persons; ~ ;R PROVIDED, AtWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promisswy note Fxreinbefwe dexribed and shall truly, promptty > and fu11y perform, discharge, execute. -complete, comply with a~d abide by eath and every the stipulations, agreements, tonditions and covenants of isid promisswy ~ote and of th~s Mortgage, then this Mwtgage and the Esrate hercby created shall cease and be ~ull and void. } IT IS UNDERSTOOD that the word "Mortgagor" whether in the s~nguta? w plural anywhere in this Mo?tgsge, shall be singutar if one on~y and shall be plurel jointly and severally if mwe than one, and that the wwd °~heir° as used anywhere in this Mortgsge shall be taken to mean "his;' "hers;' _ a` or "its;' wherever the contea? w implies or admits. Also, that wherever there is s reference in the covenants and sgreemeNS berein contained to sny of J the parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, successws a:+d assigns (either voluntary by sct of 1he ~ ' parties or involuntary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits and advantages inure T'7 - ro the respective heirs, legal representatives, successors and asvgns of the parties hereto. w c7 And said Mortgagors, fw themselves snd their heirs, legal representatives, successo~s and assig~s, hereby jointly and uverally covensni and sgree ~ = to and with the said MORTGAGEE, its successws and assigns: ~.Y 1. To pay all and singula~ thc pri~cipal and interest and the varlous and sundry sums of money payable by virtue ot said promissory note, and this ~l~ mwtgage, each snd every, promptly o~ the days respectively the same severally become due. ~ 2. To pay all and singular the tsxes, assessments, levies, liabilit~es, obl~gatio~s and encumbrances of every nature snd kind now on iaid dexribed ~ property, w that hereafter may be imposed, suffered, placed, levied, w assessed thereon, a that hereafter msy be levied or assessed upon this Motty- - age. or the indebtedness secured hereby, each and every, when due and payable, accwding ro law, befwe they become delinquent, and befwe any interest artaches or any penalty is inwrred; AND INSOFAR AS ANY THEREOF IS OF RKORD TME SAME SHAII BE PROMPTLY SIITISfIEO AND DISCHARGED OF RECORD AND THE ORIGIKAL OFfIC1Al DOCUMENT (SUCH AS. FOR INSIANCE, THE 1AX RECEIPT OR TNE SATISFACTION PAPER OFFICIAtIY EN~ORSED •G:= OR CERTIfIED) S~AII BE PLACED IN THE HANDS Of SAID MORiGAGEE WITHIN TEN DAYS NEX~ AFTER PAYMENT; and in the evero that any thereof is not paid, saYSfied and discharged se:d MORTGAGEE may at any t~me pay the same or any part thereof withoul waiving or a(fecting any option, lien, equity w - ~+qht under w by virtue of this mortgage and the futl amounr of each and every such payment shall be immediately due and payable and shall bear interest ~rom tht date thertof until paid at rate of n~ne pe~ centum per annum and rogether w:th such interest shall be xcured by the lien of th:s mofgtaye. ~ ~ r a ~x~-~ a ~ `=s~...,~ ` ~ ~'-a' ~ ~*~'-..~,.~...;~xw ' 7 ~r a~~cn G - ~ - ~ ~ ~ ~ - < , < _;:r : . ' ` ~