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Home My WebLink About1168 ~ • r~~-? ti~J~~.?~ THIS IhDENTURE. Made the_ 2bt'h day of February ~ AD. 19 , be~+veen Harris Construction Corporation~ a Florida corporation: ~t Luc ie of • Counry Florida, here~nafter dasyneeed as ~he "MORIGAGOR." and FIRST FEDERAL SAVIhGS A~1D LOAN ASSOCIATION OF fORT PIERCE, a torpwation or9ani:ed and ex~s~ing undrr the laws o( the United Statis of America and having its principai placs of business i~? the City ot Fort Picres, St. lucis County, fiwida, hereinatfer designatrd as the "MORiGAGEE." WHEREAS ?he MORTGAGOR is justly indebted to the MORTGAGEE in the sum of S 21~500•~ good and lawful money of the Un:ted S~ates advanced by the MORiGAGEE unto the MORTGAGOR, as eviJanc<d by a certa~n promissory note of even date herewith, of wh;ch the foitow~ng in words and iigures is a Irue copy, to-wif: s.11,,500.00 ~ 10020653 F~ r~~?~e. Flwtds. February 26, ~9~~ ; Fw value received, we or eifher of us, p~om~se to pay, wirhout defalcat~on, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION Of iORT PIERCE at Fort Pierce, Flo~ida, the sum of S21-iK~!~ `~~~h ~ntrr1e•st from date at the rate ofa~:-o per ennum, in monthly inata~l- ' ~•~en~s as fo~!ows: S 1 - o~ 2~'h day of _ Apr~ . 14_?!3 _ and a like sum on the co~responding day of each month there- e'ter ~niil the who!e be fully pa~d. Each instal~menf first shail be appl~rd in paymem of the interest and then on the unpaid baiance of the princ'pal sum. If drfault is made i~ the Fa,~mtnt of any instaliment when due, and such default contir.ues 30 days, then at the opt~on of the ho~der, and without any other not~ce, all the remain~ng ~nstallments shall be due and payable at once. Privi:ege is given to prepay this note in whole w in part at any t~me without penalty. Neither (rorebearance, nor acceptance by the ho.der thereof aher any defauit in any payme~ts hereon, shall be deemed exrension. A late payment charge of 8' 87 _ shall be , added to each inatallmem rcmaining unpa~d 7 days after its due date, and a lii,e sum shall be added to each such instaiiment remaining unpaid 7 days after t each succeeding payment date. Each make~, surety and endorser hereof, joint{y and severally, walves dr.nand, presentment protest and notice of protest for nonpayment, and further a~rees to any extension of time of payment, either before or after maturity, vv~thout not~ce to any of us; and to pay al~ costs of co!lection, includ:ng a r~•asonable attorney s fee ~n the event of any default hereundrr, and hereby seve+ally waives all benefit of homastead and ezemption under the tonstitution ~~~d laws oi each State of the Unitrd States, as against ~hie obligahon or any extens~on or renrwat hereof. w~r~SS and :~ai of ea~h ~~iv_ HARRIS CONSTRUCTION CORPORATION By: S/ Hazel J Harris~ PreRident ~s;au 0 (SEAL) ~ Corporate seal affixed Attest: S/ Franklin A. Harris, Secretar9 ~~A~~ r ts~~ ~32 •27 ) State Revenve tsb~~-~.++~~a~+-o.~~~-.,ek~ 21 500 00 - NO'N, THEREFORE, the MORTGAGOR iw the pu:pose of securing payment of sa~d sum of S ~ ' end the performance of the co+enants and agreements hereinaiter expressed, and for divers 9ood a~d vatuable conside~ations, by these presents, doea grant, bargain, sefl, remise, r~lease, convey and conf~rm unto the MORTGAGEE, its successors and assigns, all that certain lot, piece w parcel of land, situate, lying, and being in the Covnty of St .~1C ie and S~ate of f br~da, dexribed as fo(lows: Lot 8 LF~c the k'est 38.94 feet thereof, and the k'est~ l;lt.8l~ feet of Lot 9, Block 5, RFpLnT C~F SUNSET PARK, as per plat thereaf on file in Plat Book 11, page 28, Public F.ecords of St. Lucie County, Florida, ~ . ~ ; s ~ ~TATE FLOF?;~~ I ' ~z ~ DOCUMENTART~'-;-.`STts/VIY il.1 i i z_ M UEPL U~ K~YENUf `~j~~ j•_ ~ _ - r j?e . ;dt-! ~ m _ ~8. - rf~c,; 7y~"•~:~r ` ~ 3 2. 2 5 ~ o = ~t~n2 ,,~`"j ~ i ! 5 . ~ ~~~w ~ ~~~s ~ Nrr~ ~ ~t~! 5 c~a n. ?ieo~'oery. ~ ~ ~~a2911. ~ d~RK t~RWR ~ ~it' ~ 00~ FI/l 3 ~ il ~ ~ ~ together with afl and singular the tenements, hereditaments and appurtance~ the~evnto belonging or in anywise sppertsining thereto, and al) rtnts, issues, ~ p.oceeds snd profits accruing and to ccroe from said premises, all of which are inctuded in the above and fwegoing dewiptron snd habendum. ~ TO HAVE AND TO HOID the a ve described and granted prem~sea unto the said MORTGAGEE, its successors and asi~gns fweva. And the said ~ MORTGAGOR for ---~~S----- he~rs, executws, adminis~rators and assigns, hereby covenants with the sa+d MORTGAGEE, its successors and +aigns. rhat ---i~-~----- Iawfully se~zed of the said premius in fee simple; that the same are free, clear and discharged from all liens and encum~ a brances in law or in equity, and that it will and itS heirs shall warrant and defend tfie title to the ssrrK to the uid !LORTGAGEE, its svcccssws and assigns, forcver against the lawtul claims and aemands of al! persons; f ~ PROVIDED, AIWAYS that if the MORTGAGOR shall pay unlo the MORTGAGEE the promissory note hereinbefore destribed and ihall truly, promptly - - and fully perform, diuharge, execute, canpSete, comply w~th and ab~de by each and every the stipulations, agreements, conditions and covenants of said promissory note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be null and void. IT IS UNDERSTOOD thst the wwd "Mortgagor" whether in the singular w p!u~q} anywhere in this Morigsge, shall be singular if one only end shafl be plural jointly and severally if more than o~e, and that the word "their" as used anywhere in this Matgage shall be t~ken to mean "his;' "hen," ' or "its;' wherever the context so ~mplies or admits. Also, that wherever there is a reference in the covenants snd sgreements herein contained to any of the psrfies hereto, tFx ssme shall be construed to mean as we11 as the heirs, legal representatives, sutcessors and assigni (either voluntary by ad of the parties or involuroary by operation of the faw) of the same and that the covenants herein contained~tiall bind and the benefits and sdvanbgp inure ~ - to the respective heirs, legal representafives, successors a~d ass~gns of fhe parties hereto. ~~,Rj~ And said Mortgagors, fw tlxmselves and thei? heirs, legal representatives, successors and assigns, hereby jointly and xverally covenant and sgree ~ to and with the said MORTGAGEE, its successors and assigns: a - 1. To pay sll and singular the principal and intere~t and the various and sundry sums of monev payable by virtue of said promissory note, snd thit ~ mortgage, each and every, promptly on the days respectively the same severally become due. _ 2. To pay •II and singuls? the taaes, assessments, lev~es, liabil~t~es, oWigations and encumbrances of every nature and kind now on sa~d described ~ property, p that hereafter msy be impoud, suffered, placed, levied, or assessed thereon, w that hereaftei may be levied a ssussed upon ihis Mortg- ~ - age, or the indebtedness secured hereby, each and every, when due and payable, xcordirg to law, befwe they become delinquent, snd before any interest = artaches or any penalty is inc~rred; AND INSOFAR AS ANY TMEREOF IS OF RECORD TNE SAME SHALL BE PROMPTLY SATISFIED ANO U~SCHARGED OF : Y"~F RECORD AND THE ORIGIhAL OfFIC1Al DOCU?dENT {SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1ALLY ENOORSED OR CERTIFtED) SHAtI BE PtACED ~N THE HANDS OF SAID MORTGAGEE WITNIN TEN DAYS NEXT AfTER PAYMENT; and in the event that any thereof is not pa~d, sat'sfied and discharged sa d MORTGAGfE may at any t~me pay the same o~ any part thereof without waiving or ai(ecting any optio~, lien, equity a •~aht under w by virtue of this ~*wrtgage and the fuli amount of eath and every tuch payment shall be immediately due and payable and shall bea~ interest ~ irom tM date thereof uMil paid at rate of ni~e pe~ centum per annum and toqether w~lh such iroe~est shah be secured by the fien of th:s morgtage. .,z . _ w~ =~-y* e.y - K a ~ ~ ~ ; ~ _ _ _ . . . ~1 ~~:•r,~~`5