HomeMy WebLinkAbout1534 ~ 316~
THIS I~iDENTURE. IY1+d~ the 8th d~y of SQ tC~ber + 7S ~
5t. Luc e General Cons ruc on, zp., or a cAxpo ~ori9-~'•"
of I.ucie ~ Cpy~ty fbtid~. Mr~in~ftN dtsipnat~d as tM "MORTGAGOR;' ~nd FIRST FEDERAI SI1VlNGS ANO IO/W
ASSOCIATION OF fORT PIERCE, • corpa~tion orp~ois~d and exiitinp undK th~ laws of tiw Un~t~d Sbtn ot M+~rka ~nd MvL+p fM pincipal plaa of
buiin~ b tlw City of Fat PiKp. St, tuci~ Counfy. Florid~. Iw~Ne+fter dt~lpaaad ~s 1M "MORTGAGEE." --r. ~
WHEREAS rh. MORTGAGOR i~ ~wrly ind~b~.d ro ~M MORTGI?GEE u+ ~he •w++ of s 33, 600.00 lawful mon.~ of ~he U~ur.d
Sute~ adv~ncd by tl+~ NORTGA6EE unto tM 1NORTGAGOR, as ~vidcnced by ~ ctrt~in promiuory not~ of eve~ date her~with, of whi:h tM followinp in
wwds Nid f re~ is • Irw topY, bwit: -
= 33, 6c~~.0~ r,~, 13000139
~ P~,, September 8 19 ~5
fw v~lw received, 1, we or eitFw of ~s, to w t dtfalcation, to the o~de~ of FIRST fEDERAI SAVINGS ANO LOAN ASSOCIATION OF
~d1~.b~"' 8 7S"
FORi PIERCE +t Fwt Pierce, Fiorida, th~ wm of = with infe?est (rom date ~t the rats of • ~r. p~t amuny in monthly G~flall-
menrs u follows: =277 •n0 on the 20th d~y of December 19 75 ~nd ~ ~~ke sum on tM ta~raspoe?dinq day of ~ach ma+th thNf-
afrer w~tii tM whole b~ fully p~id.
Each iratatlment fint sh~ll be ~pplNd in p~yment of the interest and Ihen on the w~paid b~lance ot the p~incip~l sum. If dafavh h m~dt in th~
~:aymcot of ~ny in~~alln?ent whe~ dve, snd such defsult continues 30 days, then at the option of the holder, ~nd without sm other notice, all tM rsm~ininq
~nsrallments shall be dw and payable at once.. Mivileye is piven to prep~y thia note i~ whol~ ot in psrt ~t ~ny tan~ without perwlry. N~itha tortbNtMa,
nw accepqnt~ by thc hold~r thKeof after u?y default in a~Y paymenb hereon, shall be deemed exttnsion. A I~te p+yment ch+~ of i 13 ~ SS ahall b~
added ~o each i:~:c::. * remaininy w?pa~d 7 days ~ftcr ib dw dats, and a like sum shall be added ro each wch inst+lknent ranaininp unpaid 7 d+ys after
each svcteedinp p~ymMt date. - ~
Each maker, w?ety and e~dwser hercof, jointy and severslly, waives dem~nd. presenhnent prot~st ~nd notiq of protest fa ranp~yment, ~nd fwtleK
agrees to ~ny extensan of time of payment, etrher before w afier nuturily, without notice to sny of ~s; and to pay all tosh of collectioq, Mdudinp •
rejsonabk ~ttw~ey's fes in ths event of ~rty defa~lt herevr?der, and Mreby severally waives afl benefit of homestead ~nd ~xemption und~t th~ oomNi~tivn
and lavw of each Sute of ths Un;ted Ststes, as against this obliy~tion or any extension w renswal heraof.
w;rr~ess t1+e I+~nd and s~a1 of esd~ pu+y. S2. LUCIE GENERAL CONSTRUCTION, CORP.
By; ~~hfike Naser„~ Pzesident ~W
Cor~orate aeal affixed ~ R~W
~+ttest; 5 ]~uie Cata~ SeczelarY- ~y
2reasurer ~
50.40 ~ staro ae~~nus
~&srwp..aw..lkr •a..dp+nd-,Ater -
NOW, THEREFORE, tM MORTG/?GOR for the pwpose of secwlrg p~yment of iaid ~ or = 33, ~0.~0 ~~y .
co~anants and aQreement~ hereinaftcr expressed, and fw divers good u~d wlwbl~ tomidaaHons, by tMa~ present~. does pr~nt, bar~ain, wll, remias,
release, convey and tonfirm umo Ilx MORTGAGEE, iri successors ~nd ~uigns, all tMt ceNain lot, pieu ot parae) of land, titwte, lyiny, and beirg In ths
ca,nry of S~. LuCie ..nd St•r. of fbrd., dew~bsd as folbws:
Lot 22, Block 387, PORT ST. LUCIE, SECTI~T 24, as per plat thereof on file in
?lat Book 13, page 31, nublic record of St. L cie Count , Florida
- ~~ar-~ o~'~~ - c~~
~y agceement of Mortgagor and btortgagee on file ~vith Hortgagee, the within mortgage -
secures .~t only an existing indebtedness, but also ADVANCES to be HEREAFTER made
by 'dortgagee to Mortgaqor, the aggregate of which will equal the principal amount
snecified in the promissory note secured hereby.
o
~ _ STATE oF FLpR~DA ~
^ ooCUM~NTaRr STA~nQ tax ~
~ sEPT. OF gEYEAfItf
~ ~ = P~. = 5 Q 4 0 i ~
~ . ~ ; ~uo~ ,.w~ ~ ~ - o -
, _ 1 ~ ,t
' w pra~+err oF rwwa~s
T
~ - Dl~ ON d119t Y' NfUN141~E ~E~,101iA1 PROPERIYi
~ ~M~f TO Q~ER 71•~~ aF l~Jl~
~ f~ERK CIt10UR OWRT, gT. I~1qE 00, FtJI
~
rogethsr w7th ~II and sinpulu the tenamenb, her~tamenb and appurfances theteunlo bdaginp a in anywiN app~rf~ini~p fMr~fo, and aU nnb, inws.
pr«eeds and profits acauirg snd to ~cctue from uid pranises, +11 of which ue incl~ded in th~ ~bov~ ~nd forpoinp daaiption and twb~mlat4
TO HAVE AMO TQ HOtO the sbove deuribed and 9ranted pemises vnto th~ s+id JNORTGAGEE, its wocesfws a~d assipe~s forewr. Md tlr s~id
MORTGAGOR for 1tS hein, executon. ~dminiatntors and suiyns, hereby onv~nu~ri with fM said MORTGAGEE, ib woaaon ~nd aaipn~,
E rhat is lawfully ~eized of th~ said premias in f~e sirnple: that ths s~m~ ar~ fr~e, cls~r and ~rysd fran ~II lia~s and ~nwnr
6
~ bronces in law or in equiry. ~nd that it will snd ].tS heirs shsll wm~nt and d~fMd tM Htle fo 1M famt to /M wid
E MORTGAGEE, in s~ccessws ard augns, f«ever syai~nt t!w lawful cl~ims and d~m~~ds of all penorot
4 PROVtDE~. AlWAYS tl»t if tht MORTGAGOR shall pay unto tM MORTGAGEE tiN promisapy rwt~ I~r~inb~fon datr~d and sh~ll ftuly, prpnptly
and fully perfwm, d~schsrge, e:ecwe, compkte, comply with and ab~dt by esch and ewry tM stipul~tia», prean~nts, ca~ditions ~nd aovenmb of s+id
? promislpy no~e snd of _rhis Mortgaye, ?hen rhis Mortya~e and the Estate h~r~by vated ihall aas and rwll and void.
E tT IS UNDERSTOpD that ti» word "Mortyspor' whether in the si~pvlar o~ plwal anywl~er~ in tlds Mort~p~ shal) bt skg~rlar if on~ only uid ~O
~ ~hatl be plwal joimly and ~evaaly N mor~ th~+ aw, snd th~t tM word "their" as ua~d anywl~en &i tha Maqap~ ~MII b~ t~k~n to m~+n "hi~.•• "Mn «
's o~ '•if~:' wherever tFw context ~o implies or admits. Alw. that whe~ever tF1Nt if • f~fNlf10~ 1f1 tIN OCYrf1~flM iflfl i~I~MlNflb IMftill OOfIt~Il1ld 10 MIy O'f ~t~
~ ~he puties hereto, the ssrne shatl be consnved to mean u well u the heirs. I~yal np~esent~tiva, woassors ~nd ~ssipro (~Nh~ voluntary by act of th~
~ parfies or involunrary by opentan of th~ Iaw) of the s~ne and that the covenann Mrein oont~ined sh~ll bind ard tM b~nefits ~nd advMtay~s imx~
ro the respective heirs, byal reprettntatives, succes~ors and au~yns of tM parti~s herNO.
r
~ Md ssid Mortypors, fw tfrmselves and thw hein. Is9+t r~aa+t~tiv~s, sua~ssors ~nd aulp~x, hsr~y jointiy and s~vKdty ao+rwwu ~rd ~yrM
~ to ~nd witb the said MORTGAGEE, ib wa~sson and usg~a: ~
1. To pay ~II and sirgular th~ princip~l and "mferest and the var~ous ~nd wndry sums of ~y pay~bM by virtw of said praniswry note, snd tNs ~
~ mwtgaye, esc}~ ~nd wery. P?omPtly on tM days rapectiwly ti» sam~ sawr~ly bec«ne dw.
g 2. To p~y dt and sinpular th~ t~xe~. ~s~essm~nb, levies, li~bil„ies, obligations ~nd enwmbr~ d evwy n~tur~ ~nd kfnd now on ~aW d~crib~d
~ wopertY, w that hereaftN n+ay M impowd, wffK~, pl~ad, fevid, a a~wss~d thenon, a th~t MreaftK may be Iwiad or n~essad vpa~ this Maq-
& +9e, w tF» ir~debtadneu tecured F~eby, each and evaY, wl~ dw aod p~y~ble. ~ccwdiap b I~w, b~fon iMy bscan~ dtli~+quent. ~nd befw~ ~n~? bnaat
~ atrathes or ~ny p~nalty is intwred; AND INSOFAR AS ANY THEREOf 15 Of RKORD THE SAME SHALL dE PROMPTL1f SATISFIEO AND DISCHARGED OF
RECOR~ AND THE ORIGINAL OffICIAI DOCWMENt (SIJCH AS, fOR INSTANCE, 1HE TAX RECEIPT OR THE SATISfACTION PAPER OFfIG1AllY ENDORSED
OR CERTIFIED) SHAU 6E PIACED IN THE HANDS Of SAIO MORTGAGEE WIiHIN TEN DAYS NEXT AFTER PAYMENT; snd in tM ~wM th~f w?y thereof ia not
pa~d, sat'sfied s~d dischuyed sa:d MORTGAGEE m~y ~t any tune p~y tMe same w any p~n th~reof without waivinp or affectbg any option, li~n, eqviry a
~~qhr under or by virtue of this morty~ye and tF+e full amount of each and every such paymenf ihall b~ imn~diately dw and payabl~ +~d shall bs~r inta~st
~~om rhe da!e the-eof unr;l pa d at rate of nine per centum per annum and toyether with wth interest shall be secv~ed by the litn of th't morqtaga.
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