HomeMy WebLinkAbout1377 2~~{~0~7•~
THIS IN~ENTURE, /N~de the 9th day of April A.D. 19LZ~.. biR~w?~^
A. l.. S, Bl1ILDERS,.. INC a Florida Gorpoi~~i~n
of St t~ie ca,~ry Flotid~, hateinaftN desgnated ~s ihe "MORTGAGOR;" •nd i1RST FE~ERAL S!~VI?vG5 ANO tO~+N
ASSOCIATION Of fORT PIERCE. a corpaat~on orpani:ed and ea~st~ng under !he laws o( IM Un~tcd Sf~r~s of Artu~iu and Mvirg in pri~xipal plac~ of
buuneu in ths Ciy of For~ Pierc~. S~. lude County, flwid+, heteinafter des~9nated as ~FN "MORiGAGEE."
WHEREAS tM MORTGAGOR is jv~Ny indebt~t! to the MORTGAGfE in the :um of S 23 9(~-Q~ 9ood and lawful mor+ry ot the Un.red
Statei edvanced by the MORTGAGEE unto ~he MORTGAGOR, as evidenced by a certa~n pron+~sswy no~e of even date hc~ew~fh, of wh:ch ihe faw«~~ in
word~ and figuret is a 1rw copy. to-wit: WolOQ20777
900 . 00
Fort Pierc~. Fi«~d~. APri 1 9 19 74
Fw value received, 1, we or eiiher of us, promise to pay, witho~l deiatca+~o~, to tFx order of FIRST FEDERAL SAVINGS AND LOAN ASSOC~ATIOY OF
90n wah ~nterest (rom date at the rate of $._~~o per annum, in monthty instai{-
FORT PIERCE at Fwt Pierce, Ftorida, rhe su~n of S 1
menfs as follows: S 197 a+ ~he 20th ~y °f `~ulY 19_~ and a like sum on the cwretpond•rg d+Y oi each montA there-
after until the whole be fully paid.
Each installment first shall be app:ied in payment of the iNeres~ and then on the unpaid bal+nce of the printpal sum. If defauh n msd~ in the
payment of aoy instal~ment when due, and such default co~tinues 30 days, the~ at the opt~on of the ho~der, and wi~hout ~ny o~he* no~~ce, ail the rema~~~~g
~nstallments shall be due and payable at once. Privilege is given to prepay th~s no?e ~n whole or in part at any t~me witF+out pena~ty. Ne~~i~e* forebe+rance,
na acceptaoce by the holder thereof after any default in any payments hereon, shall be deemed extens~on- A tate paymcM cl++rge o~ S~-. ~
ed~ied ~o eech instal~ment remain6:.g ur.;,a:d 7 c+eys afte~ its due date, and a I~ke sum shali be added ro each such instal~ment ~ert++~~~^9 ~^Fa'd ~ d+'Is aftcv
each succeeding payment date.
Each maker, surety and endorser hereof, jointly aod severally, waives demand, p~esentment protest and notrte of protest for na+paYment, a~d funher
agrees to any extension of time of payment, either befo~e or afte~ maturity, without notice to s~y of us; artd to pay a!I costs o( cotte~-tion, inds+d:n9 s
reasonable attorney's fee in the event of any defau~t hereunder, and hereby several{y waives all benefit of homestead and exen+pt~o~ unde~ the torut'tut'°^
and laws of each State of the United States, as against this obl~gation a any extension o? renewa~ hcreef-
Witness tlx hand and seal of each party. A. L. S. BUILDERS~ II~.
~w
('orporate seal a`fixed Pv. S/Arline L- Sianore ~ Pr~p*~~~
. (5El?U
'ATTEST• S David J. Parrello, ?reas~e~
~ 3 S. aS 1$tate Revenue
NOW, THEREFORE, the MORTGAGOR fw the purpou of sccuring payment of said sum of S 23.900'QQ-- ~^d the a'f°r'^~nce of tfie
covensnU and sgreements hereinafter expressed, and for divers good artd vsluable considtr~tia~s, by these prese~nn. does 9~a^f• b+~9+~^• K~~• rc~~:sa
release, convey and confirm unto the MORTGAGEE, iri iucceuors and aulgns, all that certain bt, piece or puce~ oi ~a+~d. situate, lyir+g, o~d br;r?D :n Me
County of -S~ le = and State of Fbrida, described +s follows:
Lot 17, Block 381 PORT ST. LUCIB, Section 6, as per plat
thereof on file in Plat Book 12, Pag~s 3b A thru D of
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the Publi~c Records of St. Lucie County, Florida,
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° S-~'ATE °F F~oR~o~> ~ ~ ~S~
~r
DOCUMENZARY.;~~.:~_STHMP I `~~~~x~~`_~'
z F_' s•: ~ E.a ~~QO~~~~
C-. t° pEPT.
GF REVENUE `
_ _~x~~•i.~4 ~ 3 5. 8 c~~~,~-to~c~E`~~,t st.
..m N ='P8i'= ~ ~ ~~t ~ ~
c, G
together with all and singular the tencments, hereditamenb snd appurtances thereunto belonginy or in soYv+ae ~PP~*~+~^4 ~~}O• ~ rents, is~un,
proceeds snd profits atuuing and to acuue from said premiscs, all of which arc intluded in the +bove +~d faegoi^9 de~'P11O^ ~~~"m'
TO HAVE AND TO HO1D the above desu~bed snd 9r~nted premises uMO the said NI.')P_TGAGEE, its wtcessors +~d ass+9^s fo~e"a- M+~ ~d
MORTGAGOR fw -~8-' ~~rs, executors, sdministrators and assigns, hereby covena~ri with the sa~d NIORTGAGEE• its svocess~s +~s'~'
that --lt--~-- ~aWf~~~Y u~zed of the sa~d premises in fee simple; thst the same ue free, clear ~nd disch+rged i?om ~iens u+d ~++«w~?
b?ances in Isw or in equity, a~d thst lt will and i t c hein shall wurant and defend the titk to the same To the s~d
MORTGAGEE, its successors and assigns, forever a9ainst the lawful clsims and demaods of sll persons;
PROVIDED, ALWAYS that if the MORTGACaOR ahall pay unto the MORTGAGEE the promisw?Y note hereinbefore described and sh~~~ tn%~Y• Pra^VTh~
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and fully perform, diuharge, execute, compkte, comp~Y with and abide by each and evcry tfie stipulatioro, sgreemenn, conditions and oover~a^is
promiuory ne~e and of this Mortgage, then this Mortgsge and the Estate hereby veated shatt cesse u?d be m+~~ u?d w~d•
IT IS UNDERS?OOD that the word "MortSsgw" whether in the singular w plwal anywhere in th~s lMortgaye, sh+~~ be sa+9~+'r 'f °^~Y ~ c`
'';ta shall 6e plural joiMly and uverally if more than one, a~d that the word "their" as used a~ywhe~e in this Mortgage shall be taken ro mea~ `his.° "txrs." ~lef
_ w"its;' whereve~ the conteat w implies w admits. Also, that whe~ever there is a reference in rhe cover+snn and +greerrKna here~n ooora~ned ro ~rry of ~
the psrties hereto, the tsme shall be construed to mesn as well as the hein, kgat rep?esentatives, successwi ~~+d ass79ro (either vduntarY b1/ s~
psrties or inv o
lun tary by o p e ration of the law) of the same and that the covensnts herein contained shall bir+d and the be+rcfits and sdv+ntaQes irwr~ ~
~ to the respective heirs, leg+l representatives, successors a~d asrgns of the parties hereto.
~i;~ And said Nbrtgsgon, fw themxlves snd their heirs, legal represemstives, successws u+d assg~s, herebll iantly snd seversily coverw~t s a~ee Y
:"f~ to and with the said MORTGAGEE, its successors and assigns: ~i
r~- aWe by virtve of said promiswry ewte, and Nrs
1. To pay all snd sinp~lar the printipal and interest and the variwn and sundry wms of morxy pay ~
i~ mwtga9e, e~ch ~~d every, pranPtly on the days ~espec~ively the same severally beca*+e due. w
2. To pay sll and singvlar the Nxes, assessments, levies, liab+lities, obl~g+uons and encumbaances of every n+?we snd kind now oo ~++d desu~bed W
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prcperty, u that hereafter may be imposed. suffered. Pf~ted. levied, o~ ~s?essed thereon, o~ that hereafter may be kvied a auessed upa~ ~h° Mat~ ~
age, or the indebtedness secured Frcre~y, each and every, when dve and paYable. sccwdirg to law, befwe thry become dclinQueM, snd bef°re arryr '^t~e~
~;s~ attaches or any pe~+lty is incvrred; AND INSOFAR AS ANY THEREOF IS OF RKORU THE SAME SHAU OE PROMPTtY SATISf1ED ANO DISCHARGfO OF
RECORD ANO THE ORIGII~At OFFICIAL DOCUMENT (SUCH A5, FOR INSiANCE, TNE TAX RKEIPT OR THE SATISFACTION PMER OFftC1AUY ENDORSED
r~"' OR CERTifIEO) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT /1FTER PAYAIIENT; s~d in tF+e eveot that airy thereoF is no~
~:`~t paid, sat'sFied and dixharged sa:d MORTGAGEE msy at aay time p+y same o~ anY P+~t thereof witl+out waiving or afiect:ry any optiw~• ~K+4 MW~Y p
~~qht under w by virtue of this mortgage and the full amount of each and every such payrtxM shali be immed~ately due and pay+bk and sha~~ btx i+teres~
~.pn the date thereof until paid at rate of n~ne pe~ centum per snnvm and together w~th wch interest sMll be secured by the ~ieo of th:s moryta9e-
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