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Home My WebLink About0063 ~ V 313255 THIS INDENTURE. AAad~ th~ ~ t h d+y of Ju ~ Y ~ • A.D. 19 7 S- betw~en AGltICULTURAL CHEMICAL COMPANY, a Florida Corporation of t. UC 3 e . County florida, ha~inaibt desgnsred ss tM "MOKTGAGOR;' ~od FIQST fEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, ~ corporation wpanized and ~xistinp u~der tM laws of tM United Stat~s of Ametka and Mvlnp i» principal plac~ of businKS in tIN City of fwt Pi~rce, St. Lucis Cou~ty, Flo?ida, hereinaftK designated as tM "MORTGAGEE:' WHEREAS tM MORTGAGOR b justly ird~bad to th~ MORTGAGEE in ths wm of OO• good a~sd lawfu! money of the Un~ted States sdvanced by ths MORTGAGEE unto th~ MORTGAGOR, +s ~videnced by ~ catain promiuay note of even date herewith, of wh~ch the fdiowiny i~ wo+d~ and fipures is s fru~ oopY. lo-wit: • ~ 100, 000. 00 t nc1~ t!a~ Fort Pie?c~, flo?ida. •~U ~ y 8 191L_. Fw valw received, 1, ws or either of us, promiss fo pay, without defalcation, to ths wder of fIRST FEDERAL SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE al fort Pierce, Fto?ida, the sum of = ~ t ~~Q• with intereit f~om date at the rate of ~r'~j6 per annum, in monthly install- menrs as follows: f 989• an the 20th day o{ AU~USt , ~9~_ and a like svm on the cwrespondi~+g day of each month therr aller until the whole be fully paid. Eath installment first shall be applied in paymcnf of ths intercst ~nd then on the unpaid balance of the principal sum. If default is msde in th~ payment of any inatallment when due, and such default continues 30 dayt, then at the option of the holde~, and without any othe~ notice, all the remaining instaltmcnts shall be due and payable at once. Privile9e is given fo prepay this note in whole w in psrt at any time without penalty. Neither fwebeararxe, rai acceptance by the holder thereof afte~ any default in any paymeMi hereon, sF?all be deemed extension. A Iate peyment charga of =~1, shall be added to each installment rcmaining vopa~d 7 days sffer its dw date, and a like wm shall be added to e+ch such initallment remaining unpaid 7 days aher eath wcceeding payment date. , E+ch maka, surety and endorser hereof, jointly aod severel~y, waives dema~d, preser+tment protest and notice of protest fo~ nonpayment, and further agrees to airy extension of time of payment, eithe? before a a(ter maturity, without notice to any of ~s; and to pay all costs of rnllection, including • reasonable attorney's (ee in the event of any drfau~t hereunder, and hereby seve~ally waivq all lxnefit of homestead and exemptip~ under the ca+stitution and laws of exh State of the United States, as sgainst this obligation o? any extension a renewal hercof. w~t~eu the ha~d aod seal of each Pa?ty. AGRICU TURAL CHEMICAL COMPANY cs~?u Corporated Seal Affixed BY: U s ?homas O. McP zson Pres~@pt ATTEST: cs~wu ~$~SQ•~~ ) Stste Revenue s Michael R. Muskin, Searetary- - ~ytxx~xsaxa~~a~tc~wWt ' NOW, THEREFORE, the MORTGAGOR fw the purpose of ucu~ing payment of said wm of ~ ~ o~., OOO. 0~ , and the pc~fwemaansceuof tM covenanb and agreements herei~afta expressed, and for ~vers good ~nd valusble consideratian, by iF~ese presents, does gr~M, bar~ain, sell, remise, release, convey and tonfirm unto the MORTGAGEE, iri succcssors and suigns, all that certain bt, pieoe or parcel of la~d, sitwte, lying, and being i~ tM ~o„~~y of S t. L UC 1@ and State of Fbrid~, describsd folloMrs: ' ~ 3/ - O O n(7 - O 04/S ~ '~orth 2 of the S1~'-4 of the !JE v of Section 18, Township 35~ South, Range ~9 East, less the east 14 feet an~ tess the west~l0$ feet for Shinn Road right-of-way. . . . . . . . . _ . ~ . . . . . . - ~ F . ~ ~ O ' ~ STATE FLORI~A ~ o ~ o= DnCUI'AENTt`cRV<<>=:;;.~S3~MP ?AX~ ~~QR~~~~~a~~. c QEP7 flF R~YENUf ~ --~'y~ ' ~Q~- ~1S ~ = r O ~ _ ~ - ee. = ::u:.?s•i:. '~~~C~= ~ ~ ~ d 1 ~ G 6`Nt~6~>>~"~~ . o = F''~~ ° 1 tE~ Q°~`•`'~ ' . . . ~~~~ti~oN~~ S`~ ~ ~ 4 ~Y G`~ ~ j c~. ~ I d~' k ; - j together with sll ar+d singular the te~ement~, hereditsme~b and appurt~nces thereunto befonging or in anywite ~ppertaining thereto, snd aU ~enri, iasues, ; proceeds and profits accruing and to accrue from said prern~ses, all of wFi~ sre included in the abov~ and foreyewng description ~nd Mbendum. ~ TO HAVE AND TO HOID tfie above deuribed and.~nnted premites uMO the ssid MpRTGAGEE, its waesson and suiyns forever. MQ th~ s~id MORTGAGOR fw ~ t 5 heirs, executon, administrators snd suigr+s, hereby tarenants with the said MORTGAGEE, its suctesfo~s ~nd auip% ~ rFwt ~-t L~- lawfully se~zed of the said premises in fee iunptr, thst ths same ue free, ckar .and discharged from all liens and encvrtf brances in Iaw or in equity, and thst ~ t witl and 1 t S hein shall wur~nt u~d defend the title to the same to th~ s~id ~ MORTGAGEE, its successon snd assigns, forever against the lawful claims snd dertWnds of sll pe~spq; PROYIDED, AIWAYS thst if the NIORTGAGOR sha11 p~y unto the MORTGAGEE the promistory note her~inbefore described ~nd shaN truly, promptlr and fully perfwm, d~achsrge, e:ecute, compkte, comply with and abide by esch and every the stipulations, ~greementa, cw?ditio~s snd covenanb of s~id promissory rate snd of this Mwtgaye, then thii Mwtg~ge and the htaro hereby aeated sFiall ceaae and be oull ~nd void. ` IT IS UNDERSTOOD that the word "Matgagor" whether in the singular w plurat anywlxre in this Mwtyspe, slull ba sirgula? if ons only ud ; shsll be plunl joi~lly and seve~ally if more tlun one, and that fhe word "their" as ~sed anywhers in tha Mortgage sFall be taken to mesn "hq," "hen," w"its;' wF~ever the context so implies or admits. Also, that wherever Ihere is a ~eference in th~ cove~anri and ayreemenri herein contained to amr of the ps?ties here% the ssme shall be constrved to mesn ss well ai the hein, kgal repre~ent~tives, succsuors and ~uiyns (either voluntary by act of tht parties or involuntary by operation of the law) of the same ~nd that the covenants herein contained shall bind a~d the benefin and advanbpes inur~ to the respective heirs, legal repreunts~ives, wccesson and ~ss~gm of ths p~rti~s hereto. F Md said Mortgagors, for tF~emselves and their heirs, legal representativa, wcceuws snd ~uipra, hereby jointly and sevmally covenant s~d sgrea~ ~ to ~nd witF~ the ssid MORTGAGEf, its successas end assigr?s: 1. To pay ~II ~nd singular the principal ~nd interest ~nd the various and sundry sums of money pay~ble by vinue of said promissory nots, and tF?a ~ mort9sge, each ~nd every, promptly on the days respettively tM ssme tererally become due. ~ F 2. To p~y dl and singvlu the b:es. ~uessme~ts, lev'ras, liabilities, oblig~tioru snd encwnb~ances of every n~ture and kind now on sa;d described ` prope~ty, a that hereaNe~ may be impoted, wffe~ed. Plsad, kvied. or assessed thereo~, w tMt here~fta may b~ levied a~isessed upon this Mortp- ~ age, a tM indebtedneu secured liereby, each and every, when dve and p+yabk, suordinp to law, befon they become delinqueM, and b~fore u+y intens attaches a any penslty ii i~curred; AND INSOfAR AS ANY THfREOf 4S OF RKORO THE SAME SHAII dE PROMPTIY SATISFIED AND DISCHARGED O~ ~ REtORD AND THE ORIdINAL OFFICIAI DOCUMENT (SUCH AS, fOR INSTANCE, THE 7AX RECEIPT OR THE SATISFACTION PAPER OFFICIALIY ENDORSEQ~~ OR CERTIfIED) SHALL BE PLACED IN TME HANDS OF SAID MORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT; snd in the event tMt any thereof a rwlr~ paid, saYsfied snd dischs.ged~ sa'd MORTGAGEE may at any time pay the ssme or a~y part thereof without waivinp ar affecting any option, litn, eq~iry op~~ •~qht under w by vinue of this ri~sortgsge a~d tF~e full smount of e+ch snd every svch payment shall be immediately due and payable and shall be~r interqf~ ' 4rom the date thereof_ vntlYpaid at rate of nine per centum per annum and togelher witb such interesf sMll be secured by the lien of tb:s mw9taye. i ,.-^2z i,~.r - - ~ ~ - „ . - - ~ > . ..r:.s .m _ .r=~,-F i~~- . 'Y~~3 ` ,~i+` r .F'r ' ' _ " . . _ , . _ . 3 .