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Home My WebLink About0612 2i95~~ ~ THIS INOENTURE, AMde the lith day of AP=ii A.D. 19~. between Rair b Pe+rell Constsuction Co~pany, a Rlorida corooration of St • L11C~f Cp~~ty Flor;~a, h~?einaft~r deiignatcd as the "MORTGAGOR," and FIRST fEOfRAI SAVINGS AND IOAN j ASSOCIATION OF FORT PIERCE, a corpwalion wpaai:ed +nd existing under the laws of the United Sta~~s of Americ• and havirq its pr~ncip+~ p~sc~ of business in tM City of Fwt Pi~rc~. St. l~ci~ County, Fbrida, hereinafter desiynated as tM "MORTGAGEE:' WHEREAS 1M MORTGAGOR b jvitly irtdebted to tM MORTGAGEE in the sum of : 32 ~8~' ~ good ~nd I~w{ul monsy of the Un~ted Stetes advanced by ths MORTGAGEE u~to ths MORTGAGOR, as eviJenced by a certain promissory note of eve~ date hersw~th, of wh~ch ths followiny in words ~nd fiyures is a trw copY. to-wil: = 32,800.00 ~ 100207$5 _ Fort Pierc~. Fiw~a+. APs i 1 11 ~y 74 Fw value ~eceived, 1, we or either of us, p.omise to pay, wifhouf defalcaticn, to the order of FIRSj FEDERAL SAVINGS AND LOAN ASSOCIATION Of FORT PIERCE at fort Pierce, Florida, the sum of s32 ~ 8~' 0~ with interest from date at the rate of 8~ 7~ per annum, in monlhly install• me~~ts as foltows: S 27O•~~ on the 2OL21 day of - ~y , 19 7'4 and a like sum on the corresponding daY of each rtanth thcre- ai~er untN tha whole be fully paid. Each installment fir~t shall be applied in payment of ~hs ioterest and then on the unpa~d balsnce of the princ~pal sum_ If default is made in the j paymenl of any ~nstallment when due, and such defsult cominues 30 dayt, then at the option of the holder, and without any other not~ce, al~ the remai~ing ~nstallments ~hall be due and payable at once. P~ivilege is give~ to prepay this note in whole or in part at any time wilhout penslty Noither fwebearance, ~ nw acceptance by the holder thereof aftcr any default in any paym~nts hereo~. shall be deemed eate~iron. A late payment charge of S 13' gO - shall be added ?o cach installment_remaini , unpaid 7 days after its due date, and a like sum shall be added to each such installment rcmaining unpaid 7 days after each succeeding payment date. Each maker, surety sod; hereof, jointly and severally, waives demand, presentment p~otest and notice of pro?est for nonpayment, and furthe~ agrees to sny extens'wn ~f.tit~:$f paymenl, either befo~e or after maturity, without notice to any of us; snd to pay all tosts of collection, includ~rg a reaso~able attorwsy; Y~~.i~;J1v~ ~vem e~ e~Y default hereunder, and hereby severally waives all benefit of Fwmestead and exemption under the constitution and Isws of e~~6tSr!'tlf~11p~WNttd ~tates, ss aga~nst thia obGga~ioo or any eztension w r wal hereof. i of s«t~ ~.,y. R/~R b POWBLL CONSTRtICTION OOMPANY w=~"~ t~1Q,~%~ t. / Powell ~ P~teside+nt ~~~~M1~~ ~:I~ BY: S Jaa~s A. cse~?U . , << 4~'., ~ - • . ~ ts~?~~ - ~ - = ' ' . ATTBST: S/Betty J. Cubbedge, Seczetar -~U = = ~ ~ ~ i~, _ easurer t~?u ~ ~549:.'ZO`~',':,¢,°~~',~~~~ . ~ ~a,,,,,~, . ' , .a~+e~ • _ ' cD~~, , 32 ~ 800. 00 and the ormance of tM N~M1At ~~IIj~~ E,i}tie~INORTGAGOR for the purpose of securirg payment of ssid sum of f P~ covenanb add. Ayrdemenb hereinafter expresud, and fw divers good and valuable consideralions, by thess p?esents, does grant, barpain, tell, remise, release, convey ant! confirm unto the MORTGAGEE, its ~uccessors and auigns, atl that certain lot, piece or partel of Iand, situate, lying, and beinp in the Covnty of $L. L.l1C~@ and State of Florida, descr~bed as followi: Lot 6, Block 2, SUNRISS I~MBSI?SS, according to the plat thezeof on file in Plat Book 13, Page 14, Public RecoYds of St. Lucie County, Florida, { ~ ( _J~ k ~~t~~~ ~ /~,D `QE~~~,~ ~ .,s ~ ~TATE flF F - ~y ~NSpt~~'~~~3A~S LO (pA f ~ 02 DOCUMEN7ARr STAM N?p ~ R~-~~~ G~~~ ~~St. ~ ~ 4EPT.OF ~EyE~1VE.;a~-.`'`•__"`---- ~JF,O_,aZ~~ gZ, yC lJ'~ - ~ ` ~~p• \ ~ ~ N Pd ~R ~ _ ~ • ~ 4 9. 2 0 ~ ~ . ~ = ?r~o'< ~ ~Sr.~' ~ ~ y~~ t ~ together with all snd singular the tenemmts, hcredit+ments snd sppurtanccs therevroo belonging o~ in a~ywise sppert+ining therefo, and a0 reMS, issues, ~ proteeds +nd profits acuuing snd to acvue from said p?em~ses, all of whkh are included in the sbove and foregoing descriPtion end habendum. TO HAVE AND TO HOtD tFu above deuribed and grantcd premises uMO the said MORTGAGEE, iri successors and sssigns fwcver. And ths said ~ MORTGAGOR for it$ he~rs, executon, administrators and auig~s, hereby covenanri with the said MORTGAGEE, iri s~rttessors +nd +ssi~ro. rhat lawfully seized of the said premises in fEe simple; that the ssme .are free, ck+r and dixharged from all liens and enc~m~ brsnces in Isw a in equity, and that it will snd it~ hein shall wsrrant and defend the title to the same to ths said = MORTGAGEE, its successors and suigns, fwever ayainst tF~e Iawful claims and dcrosnds of sll perwro; F PROVIDED, ALWAYS that if Ihe MORTGAGOR shsll pay unto the MORTGAGEE the promissory note hereinbefore desuibed and shaU truly, ptomptly '=r and fully perfc,rm, d~xharge, execute, compkte, comply with and abide by each and every the itipulations, spreemenn, conditiaa +~d covena~n of said promiisory note a~d of this Mortgage, then this Mortgsge and the Estste hereby ueated shall cesse and be null and void. IT IS UNDERSTOOD thst the wwd "Mortgagw" whethe~ in the s+ngular w plwal anywhere in this Mwtgsge, shall be sinyulu if one only ~nd - shall be plursl jointly and uverally if more than one, and that tAe word "their" as ~sed anywhere in this Mortgsye shall be taken to mean "his;' "hen;' ar "its," wherever the tontext so implies w admits. Also, that wherever the~e is a refererxe in the covenants +nd sgreemenri herein comained to ~ny of ~y~ - the psrties heroto, ihe same shstl be construed to mean as well as the heirs, legsl representetives, successon and auigns (either voluntary by act of the g~ ` parties or invofuntary by operstion of the law) of the same and that the covens~t~ herein contained sMll bind and the benefin and advantsges inurt ro the respective hei~s, kgal represematives, successors and su~gns of the psrties hereto. And s~id Mortgagon, fw themselves and their heirs, legal reprexntatives, successors and assigns, heroby joinNy ar~ severally covenaM snd apret = ro and with the said MORTGAGEE, its successors end assigns: . x~'~ 1. To pay all +nd singular the principal and interest and the varavs snd sundry sums of money payable by virtve of said promiuwy note, and this mwtgsge, each and every, promptly on the d~ys respettively the seme sevarally become d~re. ~ ~>.3 2. To pay ~II snd singvlar the taxes, +sussments, levies, lisbilities, obligstions and encvmbances of every nature and kind now on said desuibed property, a that hereafter msy be imposed, suffered, plated, levied, or +ssessed thereon, w ihsl hereafier may be levied or usessed upon fhis lNort¢ ~ :`?s age. a the indebtedness secured hereby, s+ch and every, when due and payable, sccording to Iaw, before they becwnt delinquent, ud before •ny imeretl anaches w a~y penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 8E PROMPTIY SATISFIED AND DISCHARGED Of RECORD AND THE ORIGINAL OffICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfICIAIIY ENDORSED ~r~ `ix~ OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SA~D MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that sny thereof is not paid, sat"siied and discharged sa:d MORTGAGEE may at any time pay the same w any pa.t thercof withovt waivirg or aifectiny sny option, lien, equity w •~qht under a by virtue of this mortgsge and the full amount of each and every such payment shall be immediate0y dve and payable snd shall bear inferest ~.om the date thereof until paid at rate of nine per centum per annum and toge~her w~th suth interest sMll be secured by Ihe lien of th:s mw9taye. ~n - . _ ~ ~ _ ~ , , _ _ ~ i . . . . . . . . . ~ < ~ _