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Home My WebLink About1577 ~ ;~~2~'79 . _ . THIS INDENTURE, AMde tFie 2~~- d+Y of Ao ~ 1 A•~• ~9~" b°~W°°n frARRI S~ CONSTPUCTIC~N CORPORATION, a Florida corporation, of St . 1.UC~e Covnry Flcrid+, F~reinafter ds~ignated +s tM "MORTGAGOR;' •nd FIRST FEDERAI SAViNGS AND LOAN ASSOCIATION Of fORT PIERCE. a tsYpaation oro+oised ~~d ~zi~tinp ur?da ~M laws of tM Unit~d Stat~s of Amerka a~d havlnp its W"'uP+~ P~+~~ of businat In t!r Gty of Fat Piau. St. luci~ Co~nty. florid+, herei~after dei~pnated +i th~ "MORTGAGEE:' WHEREAS tM MORTGAGOR is I~tly i~dtbt~d to ih~ MORTGAGEE in the sum of s 28 •~0. 0~ good and lawful money of the Un~ted States adv~nced by 1M MORTGAGEE unto the MORiGAGOR, as evide~ccd by • ce~tain promiuo+Y note o( eve~ dafe herewith, of whEch the following i~ w«ds and fpvra a a trus copy, to-wit: ~ 10020844 ~28.000.00 April 29 ~y ~4 fort Pi~rc~, Florida. e.~v. ...ithout defalcation. to the wder of fIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF :Yi YS::iG cG:~:':~::~ t..:.: ' t_." . FORT PIERCE at Fort Pierce, fbrida, the sum of : 28 - W;~h interest from date at the rate of ~•~~s per annum, in monthly install- ~ ~+,eots ai follows: i 231 ~ t~ 2Othday of AuquSt 1q74 aod a like sum o~ the correspond~ny day of each month there- + after until the whole be fully paid. Each installment first sMll be appl~ed in p+ymant of the interest and then on the unpaid balance of the prindpal sum. If defaulf is made in the paymeM of any installmenl when due, and wch default continues 30 days, then st the option of the holder, and withaut sny o~her notice, all the remaining ~ ~nstallments sh~ll be due and payable af once. P~ivile9e is given to prepay this note in whok or in put at sny time without penalfy. NeitFxr fwebearance, ~ 11. 55 , shal) be nor acceptarxe by the holder thereof after any default in anY paYments hereon, shsll be deemed exte~sion. A late paymeM charge of Z ; added to each installment remaining ~npaid 7 days atter iri due date, and a like sum shall be added to esch such instal~ment remaining unpaid 7 days after each succeeding p~yment date. Each maker, surety and endorxr hereof, jointly and sevcrally, waives demand, presentment protest and notice of protest for ranpayment, snd furthet agrees fo any extension of time of payment, eithcr before w after maturity, without notice to any of ~s; and to pay all costs of collection, inclvd~ng + reasonabk attorney's fee in the event of any defau~t hereunder, aod hereby severally waives all benefit of homestead and exemptio~ under tl+e constitution and lawt of esch State of the United States, as against this obligation w any extenyion o~ ren~~f~~~,~~~~ (~i~R~~~~ w~r„eu na~a .~?a ~i or ~?tr• gy; s/ Hazel J. 1~arris, as P-resid~ Corporate seal affi~oed cs~?u ATTEST. s Franklin A. Narris, as Sec~~~rY tse~?u t ,~42.04 ) State Revenue _ (S~aw~s- awalhi «r ~ipiwd ~st~) P~~P~ ^9 PaY 28 and the rformance of the ; NOW, THEREFORE, the MORTGAGOR for the of secvri ment of said sum of i ~ cover?~nb and sg~asments hereinafter expressed. snd fw diven good and valwble considerations, by these presen:s, does graM, bar9ain, sell, remise, t release, tonvey and tonfirm unto the MORTGAGEE, iri suctessors snd auigns, all that ttrtain bt, p'~ece ot puce~ of I~nd, situate, lyi~g, and being in the County of St . l.uC1C and State of Florida, described as followt: Lot 1 and the West 12 feet of I.ot 2 Paseo park Sabdivision according to the p2at thereof~ - on file in Plat Book 10 Page 61 Public Records of 5t. Lucie i::ou.~~y. =~~"A=T-~ ~F ~Lit'~i--;'" 1 ' 1~O~UMENTAR~~ STkMF• 'i:i ~ ~ _ - - . . _ c ' ' :)~P~.l~i REVEi~JE r'~~~`.>." ~ ~ ' = r!i:f i6')4 i:''~,.~~~ ~ Z. O ~ ~ s ~ 'v - F.B. - ~ _ V'i' + i ~ RECENED ~-S -O0 IH PAYNDiT OF TAXES DUE OM Cl/1SS'C I!(TAN61BlE PERSOpAI PROPERiY, WRS1JI11(T TO GIAPTER 71-134, ALTS OF iStll. ~t PonlNs CLEBK CIRqIR OOUItT. Sf, LllC1E CO., FlA together with all and singular the tenements, fxreditamenri srd appurtsnces thereunto belongirg or in snywise +pPerts'^'n9 ther~to• ~^d rents, issues, p~oceeds aed profiri acauing and to acuue from said premises, all of wFiich are included i~ the abov~ +nd fora9~'9 ~'Pt'°^ ~^d hab~^d~m. TO HAVE AND TO HQID the above desv~bed +nd 9rsnted premises unto the said MORTGAGEE, its successon ~+od sssigns forever. And ths said MORTGAGOR fw 1tS ~;n, executon, administrators and assigns, hereby covsnanq with fhe ssid MORIGAGEE, ifs succeswrs ai+d +siipm. rhat itS ~awfully seized of the said premises in fee simple; th~t the s~me are free, ck~r and distharged from all liens a~d encum- brances in Isw w in equity, and thst lt will and 1t5 hein shall wsrrant snd defend the titk to the ssme to the said MORTGAGEE, its successe?s and suigns, forever sgsinst the lawful claims and demands of sll persoru; PROVIDED, ALWAYS that if the MORTGAGOR shall paY unto the MORTGAGEE the p~omissory twte hc?ei^before descnb~d snd sh+ll truly, promptly and fully perfwm, dixharge, e:ecute, compkte, comply with and abide by each and every the stipulations, apreemenb, conditioro and covenants of ssid promissory rate ~nd of this Mo~tgsge, then this Mortgsge and the Estate hereby ve~ted shall cease u+d be m+~~ a^d vo~d• IT IS UNDERSTOOD thal the word "Nlortgsgor" whether in the singular a plunl anywhere in this Mwtpsge, shsll be sinyular if one only and shall be plural jointly and severally if more than one, and that the wad "their" ss used snywfiere in tF?is Mwtgage sh~ll be taken to mc~n "his:, ••~~s:• o: "in;' whcrever the context w in?p~7es or admits. Also, that wherever there is a reference in the covensn» and sgreements herein ca+tained to any of ~he parties hereto, the wme sh+~~ be construed to mean as wel~ as the hein, leyal representatives, successon and astigra (either vol~nhry by act of the ~ partiq or iovol~ntary by operation of the Iaw) of the same and that the covenants herein contsined shall bind and the benefits and advaMSpes inwe i~°o to the respettive hein, legal representafires, successors snd au~gns of the parties here±o. qnd said Mortgsgors, foi themselva ~nd their hein, legal representatives, succeuors snd ~uiyns, hereby joinNy snd severally cova?aM and ~gree to and with the said MORTGAGEE, its successors +nd suigns: 1. To pay all ~nd singular the printipal and intereit and the various and sundry sums of money payable by virtue of said promissory note, and this ~ matgaye, eacl~ u~d every, promptly on the d~ys reapettively the same severally become due. 2. To psy ~II snd si~gul~r the taxa. +isessmenn, tevies, lisbiliries. obligstions ~~d encumbr+nces of every natwe and kind ~ow o~ s+id danibed property, o~ thst hereafte~ may be impwed, s~rffaed. Placed, levied, w sstessed thereon, or tMt hereafter may bt kv'~ed ot assessed uPon this 1Na~g' ~ age, or tM indebtedness secured hereby, e+ch snd ~very, when due ~nd pay+ble, accordiny to kw. before they become deli~queM, and befwe any interest attaches or any pe~+~tY n ~nn+rred; AND INSOFAR AS ANY THEREOf IS Of RKOR~ THE SAME SHALL 6E VRON1PTlY SATISfIEO AND D15CHARGED Of RECORD AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFFICIALIY ENDORSED OR CERTIFIED) SNAII 8E PLACED IN THE HANDS OF SAID MORIGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that any the~eof is not paid, sat'sfied and diuharged sa:d MOR7GAGEE may +t sny time pay the same w any p+rt thereof witFw~t w+iving a affecting sny option. lien. equity o~ •ight under or by virtue of this mortgage and the full amovnt of each and every s~ch payment shalt be immediately due and payabk and shall be+r interest ~rom the date thereof until paid at r~te of ~ine per centum per annum and together with such interest shall be secvred by the lien of th's morgtage. _ - - - - - - - - x ~ ~ L ~ ~i , , - - r~ , ~ _