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Home My WebLink About1203 . ~ ~ z~s~ss ~ I ~ 1 - A.D. 19~'4. between THIS INOENTURE, Made the 12th day of ~ RAIR b POWBLL OONSTRUCTION COI~ANY, A RLARIDA O~RPORATION of St • L11C~e , County Flwid~, Mlf~iM~fH designared as the "MORTGAGOR," and FIRST FEDERAI SAVINGS AND IOAN A550CIATION OF FOltT PIERCE, a cwporatan wganized and existing unda tM laws oi ths Un~~ed Stat~s of America ~nd Mvi~q iri principal pl~ce of businest in tM City of fort Piera, St. lucie County, Florida, hereinafter desi~nated as ths "MORTGAGEE:' WHEREAS IM MORTGAGOR 4 justly ind~bted to the MORTGAGEE in iFro sum of S~~~~' ~ . 9ood and iawful money of the United States advanced by the MURTGAGEE unto the MORTGAGOR, as evidenced by a cerlain promisswy note of even date herew~th, of which the iollowing in words and flguret is a ~rus copy, to-wit: ~1~02~~ = 24 , 000. 00 ppr i 1 12 Fott Pieres, Florida, For value received, 1, we w either of us, promise to pay, without defalca~ion, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF 24 0~. QQ w~th intere:t trom date at the rste of 8~ 7`16 pe+ an~um, in monthly install- FORT PIERCE af Forf Pierce, Florids, the sum of = t ments as follows: S 198 w+ du 2~th day of `Juiy 19 74 and a like sum on the carespond~n~ day of each month ttKre- atter until the whole be iully paid. Each in:tallment fjrst shall be applied in payment of the interest and ~hen on the unpaid belance of the princ+pal sum. If defauh is made in the payment of any installment when due, and such deFa4lt cominues 30 days, the~ at the option of the holde~, and without any other notice, all the remaining irstallments shall be due and payable at once. Privilege is given fo prepay this note in whole or in p+rt ~t any time without pe~alty. Neither forelxarance, rwr acceptance by the holder thereof after any defauit in any payments hereort, shall be deemed extension. A late payment charge of S9• ~ shalt be added to each installment remaining unpaid 7 days aftH its due date, and a like sum shall be added to each such installment remaining unpaid 7 days after each succeeding payment date. Each maker, surety and endorse? hereof, jointly and severally, waives demand, presentment protest and notice of protest fw no~payrtie~l, and further agrees to any extension of time of payme~t, either before or after maturity, without notice to any of us; and to pay all costs of collection, including a reasonable atto~ney's fee in the event of any defau~t he~eundar, and hereby severally waives all benefit of homestead and exemption u~der the conatitution and laws of each State of tFx United States, as against this obligation a any e:tension or renewal hereof. Witness the hand and seal of each Part~. FAIR & POWBLL ~ONS?RUCTION COI~ANY QORPORATBD SBAL AFFIXBD BY: S;lJaaes A. P~owell, President ~EAU csenu ~ ATTBS? : S Betty J. Cubbedge, ecretary- ~i~ $36.00 ~ " ' ` YreasuYer ~U t, ~ State Revenue (SMwprca~cdle~ araiginsl ~?e~e) NOW, THEREfORE, the MORTGAGOR for the purpose of securirg p~ymEM of said sum of = 24 ~0~•~ and the perfwmance of ths covenann and agrerments hereinaftcr expressed, and for divers good snd valuable co~siderations, by these presents, does grant, baryain, sell, remise, release, convey and confirm unto the MORTGAGEE, its successors and auigns, all that certain bt, piece or pucel of Isnd, situate, iying, and being in the of SL. j.11C~@ and State of florida, dewibed as followi: Lot 4, Block 3, SUNRISB HOMBSI?BS, according to the plat thereof on tile in plat Book 13, Page 14, Public Records of St. Lucie County, Florida, S ATE ~F ~t--CRtDl~.1 ~ ~.~_STAMP TA?- I OOCti_. M~ RY --_:.,y ~-z. tD DEPT. OF KEYENUE .E? ~ s O O 1 z~ ~ 1?Y~t 19'7~ ! . ~ ~c' N P& r ~ `-~..w~' ~ I ~ = Ill^2 ~ 0 ~~ry~ - ~ IN PAYMENi OF TAXF:i DUE ON CtJ1SS 'C' IlITAN6IBLE PER90NJ1L PROPERiY, pUR$UAf'(T TO CHAPTER 71-13~. ACTS OF 18/l~j,y ROGER POIT?J1S CLERK CIRCUIT COt1RT, Sf. LUC~E CO., Fl/l together with all and singular the tenements, he~editaments and appurtances thereunto belonging or in ~nywise sppertainir+g thereto, and +11 rents, issues, proceeds and profits acc~uing arx! to scuue from said premises, all of which are intluded in the above snd fotegoing descriptan and h+bendw?~• TO HAVE AND,TO HOID the ~bove desaibed and granted premises unto the said MORTGAGEE, its successors and auigns forever. And ths s+id MORTGA~tfig 1t3----- heirs, executors, sdministrators and assigns, hereby covenanfs with the s~id MORTGAGEE, i» tutteasors and aui9n~, ~}~t lawfully sdzed of the wid premises in fee simple; that the same +re free, clear and diuMrged from all liens a~d encvm- brarxes in law or in equity, snd that it will a~d ~ts heirs shall wsrrant and defend ths title to the same to the said MORTGAGEE, its successws and sasigns, foreves againit the Iawful claims and demands of all perw~s; PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefo~e described and iMll t?uly, promptly ~nd fully perform, d~uharge, execute, complete, comply with and ab~de by each and every the stipvlations, agreements, conditwns a~d mvenants of ~aid prom~ssory note and of this Mortgage, then this Mwtgage and the Estate hereby vested shall ce~se a~d be null and void. IT IS UNDERSTOOD that the wwd "Mortgagw" whether in the s~ngular w plural anywhere in this Mortgsge, shall be singulu if ons only and shall be plural jointly snd severally if more than one, and thst the wad "lhei?" as used anywhere in this Mortg+ge ahall be taken to mean "his;' "hen;' or "its;' wherever the contexl w implis or admits. Also, that wherever there is s refere~ce in the covensnts and agreements herein contsined to any of the parties hereto, the same shall be construed to mea~ as well ss the heirs, legal r~prese~tative~, successon and auigns (either voluntary by act of theo,rj parties or involuntary by operation of the law) of the same and that the covensnts herein contained shall bind and the benefiri and advamsges inure~~ to the respective heirs, kgsl representatives, successors and au~gns of the psrties hereto. And said Nbrtgsgors, for themselves and their heirs, legal representatives, successors s~d aui9ns, hereby jointly and severally covenant and ayree ~ to and with the ssid MORTGAGEE, its successors and assigns: . 1. To pay +II and singular the principal and interest and the vsrious and tundry sums of money payable by virtue of said promissory rate, and thi morigage, esch and every, p?ornptly on the days respectively the same severallY become due. 2. To p~y al) and singvlsr the taaei, assessmenb, levies, liabilities, oWi9stions and encvmlx~nces of every naturs and kind now on ssid describe~ propeny, w that hereafter msy be imposed, suffered, placed, levied, w+ssessed thereon. w th+~ he~eafter may be leried a utessed vpon fhis Mort age, a the indebtedneu secured hereby, eacl? and every, wF~en due and psyable, according ro law, be(we they become delioquent, ~nd beiore any Imaei attacF+es or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SAT{SfIED AND DISCHARGED O RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, TNE TAX RECftPT OR THE SATISFACTION PA?ER OFFICIALLY ENOORSE OR CERTIFIED) SHAII BE PUICED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFiER PAYMENT; and in the event that a~y thereof is paid, sat"sfied and discharged sa:d MORTGAGEE may at any time pay 1he same w any part thereof withovt wsiving or sffecting any option, lien, equity ot •~aht under w by virtve of this mortgage and the full amount of each and every such payment shall be immediate~y due and paysble +nd shall besr interett ~rom the date thereof until p~id at rate of nine per centum per annum and together w~th such interett shall be secured by the lien of th:s morgtsye. - - - - '_s. # : a. < - 3 . . - _ - . . ~