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Home My WebLink About0903 • ~ rti~~f~/~/ f ' • ~ THIS INDENTURE. Mad. the 24th day oi $QptelAbei A.D. 19 74 betw~a+ ~ Ft. Pierce Construction Corp., a F rida CorRoration,_ o{ St i e Covnty Ftor~da. here]naf~er designated a: tM "MORTGAGOR." +od iIRST iE~ERAI SAVINGS AND IOAN ASSOC.IATION OF FORT PIERCE, a cwpa~tion w9ani:td and existing unde~ the laws o( ths U~ited Saiat of Amaica and Mving itf principal placs of bus~neu ie? ~M Gity ot iwl Pierce, St. lucie Coun?y. Flwida, hereinafter designated as the "MORLGAGEE:' WHEREAS the MORTGAGOR is justly in~ebted to tha MORTGAGEE in the s~m of S- 1C~O~OOO~_QQ__, g~od and taw(ul money of the United S•atea advenced by the MORTGAGEE unto Ihe MORTGAGC)R, as e.~denc:d by a certa~n promiuory nole of even date herewith, of wh~ch the followin~ in ..ords and figures is a true copy, to-wi~: 10~•~1~86 s_ 160~~00.~~ Fort Pierce, flor~da, S~Ptember 24. 19 74 For val~e received, 1, we or ei~her of us, promiee to pay, vv~~hout defetcatio~, to !he order of FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION Of ,'RT PIEkCE at Fu~t Pierce, Florida, the wm of S-~~~4~~QQ---- '"fe`ESt Irom date at rhe rote o~!75 °.o pe? annum, in moNhly install- .:,~s as io~'owi: 5--1--~-518'-~ _?Oth~ay of January 1975 _ and a t~ke sum on the cwrespond~ng day of each month there- ..•~~r unhl the v+ha!e be fully paid. Each insrailment first shall be app!:ed in pay~nent of the in?eresf and then o~ the unpaid ba~ance o~ the p~inupa) sum. (f dciauh is made in th~ ,~nent of any insta:iment when due, and such default contin~es 30 days, then at 1he op~~on of tfie ho~der, and withuut any other ootice, all the remaining ~,:';r~ilments sha~l be due and payabie at once. Pcivile3e is give~ to prepay this nase in whole or in pa?1 at any time withoul pe~slty. Neither forebear~nce, ar.ep~ance by the holde~ thereof aftrr any deiault i~ any paymenh hereon. shall be deemed extension. A late paymeM charge of S_~a~~ shall bs _:-_d ~o each ins~al~ment rrmain~~x3 unpa~~ 7 days aiter its d~e d+te, and s t~ke sum :hall be added to each wch insta{Imen1 remaining unpaid 7 days aher succeeding ~wyment date. Each mai.rr, surety and enderser herecf, ~uinNy and se+era:ty, warves damo~sd, µ~esen~ment p~otest and not~ce oF protest for nonpayment, aod funher .•es ~o any extension of t;me of p.. f:ne:~t, e~ther be'ore or after mattirery, wifFout notice to any of us; and to pay a:l costs of eolledio~, inelud~ng a .~:~able attornry's fee m the evrnr oF any dcta~it hareund>r. and hereby se.esally waives all benefit of homestead a~d exemption uoder the constitWion .'~w: oi each S~atr oi ti~a Un:ted S~ares, as aga~~~st th~s obLgatio~ or aoy extens~on w reneFvr+ra: her~IF.RCE CONSTRUCTI~I OORP• Wuness ~he hand and seaf of each party. gy; sl ~D. J. Heller. as President ~ Cor rate seal affixed [i, ~ 1 ~ ~ ~u P° 2-- ~ . Attest: s/ *larlys A. Neller, as Secret~}~~ ~ cs~w 240• ~ a State REVer.ue , ~ •:~e~ sanceiled-o~+-wiqineF nas) . 160 OOQ 00 a~d ths ms~ of ths NO`N, THEREFORE, ine !AORTGAGOR fw the ourpose of securing paymer.t of said sum of S cu~e~ants aod a~rce+~ients hert~~a~~er _expressed, and fw divers good end valuable cons:de~atioos, by these p±esents, does grant, baryain, se11, remise, ~=.:sr, convey ar.d conf~rm u~to the MORTGAGEE, its successors and aui9ns, atf that certain lol, piece or puce~ of Isnd, sifuate, lyirsg, snd being [n the ~ovr.ty of $L .~11C1e and State of Fbrida, drecrikxd ss followt: Cornmencing at the Southwest corner of Block 22, REVISED HAP OF FORT PIERCE BEACN SURDIVISIdN as recorded in Plat Rook 8, Page 29, of the Public Records of St. I.ucie County, Florida; run thence South 17° 09• East along the southrvard exten- sion of the West line of Block 22 a distance of 50.0 feet to a point on the South right-of-way line of Carlton Court; thence run along said right-of-way line on a bea ring of South 72~ 51' West a distance of 850.35 feet to the Point of Beginning; From the Point of Beginning continue alang said right-of-way line bearing South 72° 51' West a distance of 15q.24 feet to a point; thence run Narth 49° 13' West a distance of 71.30 feet to a point of curvature; thence run along the arc of a curve concave to the South having a radius of 22.87 feet and a central angle of 139~ 04' 30" a distance of 55.51 feet to a point of reverse curvature, said point , also being on the East right-of-way of 5tate Foad A-1-A; thence rua along the arc ` of a curve concave to the West having a radius of 623.6 feet and a central angle E of 15° 16' 11" a distance of 166.19 feet to a point; thence run North 88° 21' East ~ a distance of 247.09 feet to a point; thence run North 1° 39' West a distance of ~ 179.67 feet to the Point of Beginning; ? v ° I C' ~ v OF TAXEs STATE ~ FLJF?iDA '~Z u~wm~ «2 `r DOCUMENTAR",,r~`=':-~~STAMP ?l~? ~ ~ iNTN~~~~~~~ ~ DEP:.~F REVENt1't.~-~lT*, ~ ~~T ~ 11•134. ~ ~ ~yll. c = , ~ 25'71 l~ ~ ~01TMS Op M. m ~ = P.B' t~ , G 9 O. U O ~ ~ p~ L4~.IE o - ~ i 102 f _ ~~1 ~°i./~.t ~c~erner w~th ail and singular the tenemeMS, hereditaments and appurlances the~eunto belonging or in ~nywise ~PPN»~'U^0 the~~to• ~^d rMri, iuues, •oceeds an~ proLrs accru~ng and ro accrue frorn said premises, all of which are ioduded ~n 1he ~bore ~~d fa~9O1^9 ~~~P~~ TO HAVE AND TO HOLD the above descu~bed and grsnted premises unto.t!+e said MORTGAGEE, it~ suuesson and sssiyns fuaver. And tM said :'OR?GAGOR for 1t5 ~~?s, executors, admir.istrators and assigns, hereby tovensntt with the said MORTGAGEE, its suaessots +nd +~i~ptu. 31 _ lt 15 ;awfuily se~:ed of the said premises in fce iimple; thst the sarrk are free, cksr and discMrged from all liem and ~ncum- ;,~ances in law or in equity, and that lt will and 1tS heirs shalt w~rranf and defend the title to the same to fhe iaid ~ •:.ORTGAGEE. its s~ccessors and assigns, forever against the lawful ctaims and demands of all persons; 'Y PROVIDED, AlWAYS thaf if the MORTGAGOR shall pay uMO the MORTGAGEE the p~omisse?Y note hereinbefote described +~d sh~~~ bu~Y. P~~W~Y ro : d iutly perform, d~scnarqe, execute, comptete, comp~y with and abide by each and every the stipul~tiorts, sgreements, conditions and covenanfs of uid .•~musory oote and of this Mortgage, thcn this Mortgage and the Estate hereby ueated shal) cease and be nu~l and wid- ~ IT IS UNDFRSTOOD thst the wwd "Mortgagor" whether ia the s~~+gular or plural snywhere in this Mwtgsye, shall be sirgular if ooe on~Y +^d •ha;: be plural joinHy and severally if more than one, and that the wwd "their" as used ~nywhe~e in this Mortgage shall be tsken to mean "his;' "hen;' "its," wherever the context w implies w admits. Alw, lhat wherever there is s reference in the coven+MS and ~yreements hetein contained fo any of t"'~ ` ~;,e parties hareto, the same shall be construed to mean as well as thr heirs, legal representatives, sucussors snd ssi~gra (eHher votuntary by stt of the O ;.a•ties or invoiumary by operation of the !aw) of the same and that the covenants hereio contsined thall bind and the benefits ~nd advamsse~ irwr~ ~J, ~ ~ •o rhe respective heiri, legal representatires, succe~sors and ass'gns of tlx parties hereto. ~ And ssid Mortgagors, fw themselves and their Aeirs, Iegat repreuntativcs, successors snd suigns, hereby joiroly and sever+I~Y cove^ant ~nd ayree ~ ro and with the said MORTGAGEE, its successors snd assigns: ~ 1. To pay +II and singular the principsl and imerest and ~he various and sundry sums of rtaney peysble by virtue of said p?om~ssoty note, and tha ~ ~r,ortqage, each and every, promPtlY on the dayf respectively the same severally become due. 2. To p~y all snd sirguls~ the tsxes, assessrt+ents, kvies, liabilities, obligatio~s a~d encumbances of every nah+re snd kind now on s~~d dexribed ~ - p.operty, or that Fxreaher may be impoud, suffered, p~aced, levied, or +ssessed thereon, ot 1Mt hereafter may be levied w asseued upon th~s MoAp' ' age, or the indebtedness sccured hereby, exh +nd every, when due ~nd payabfe, xcordinp to law, befw~ they becane del'u~quent, snd befwe my intaest ~ t at~eche3 or any penalry is incu~ted; ANO INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISf1E0 AND DISCHARGED OF RECORD AND THE ORIGIfvAI OFfIC1Al ~OCUMENT (SUCH A5, FOR INSTANCE, THE tAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED Oc~o ~ C~, CERTIFIED) SHALL BE PLAGED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; snd in the event that any thereof is ~01 ; ~ oa d, sat'sfied and dixharged sa"d MORTGAGEE may at any time pay the same or any part thereof withovt wsiving o? affetting +ny option. ~ien. M~~tY a ~ .~ahr ~nd?r or by virtue of this r*rortgage and the fuil amount of each and every such payment shall be immediately due and paysbk a~d shalt bear interest . r... ~.~,P d a• ~ate of n~ne per centum per ar.num snd together w~th such intaest shail be secured by the lien of tf,"s morgfage. ~ _ " - - - - - - _ 'u k aC~ S' ~ '~~5 Y ` '~'`T k 'S i. ~ -~~'~~~~A - , ~ ~ ~~~t „ ~ _ _ _ ._-~.~.....w~- ? .