HomeMy WebLinkAbout0740 3~'~919
THIS IIJ~ENTURE. Mad~ th• 16th day of pte mbe r ~q 75__ ~~„r~
arr ~ ons ruc on orpora on, a or a corpora on,
of St'• Ci@ County Fluida, Mniaafts~ dsiiynated as the "MORTGAGOR," snd i{RST FfDERAI SAVINGS AND IOAN
ASSOCiATiON Of FORT PIfRCf. • oorporation otp~nised a~?d ~xis~inp vnda IM laws of th~ U~~red Statoi of Amak~ ud Mvinp ib prlnclpal plau of
b~sirnu in ~M City of Fort PiKp. S~. luci~ County, Fla~. fiereinafi+r dsiipns~ed +i th~ "MO?~A~O.~
WHEREAS tM MORTGAGOR q juitly ind~bt~d to ths MORTGAGEE in the wm of : ~ pood ~nd I+wfu{ awr?~y of ~he llnited
Sfafe~ ~drarxed by the MORTGAGEE unto ths MORTGAGOR, as eviderued by • certain promissay note of even da~e herewith, of wh~ch 1M foilowi~p in
wor ~nd figures is ~ trw copy. ~o-w~t: 100't~15S9 ~
= 2~, 000. 00 t~o
w~ P~«.. Fia~. September 16, ~s 7K~
for value ~eceived, 1, we w either of us, p~~qom~se to pay, without defelca~ion, to the order of FIRST FEQERAI SA~VI~NGS AND LQAN ASSOC~AiION OF
FORT PIERCE at Fwf Pi rce, F~orida, the sum of i~L~~•~ ~ wilh interest f~om date at the rate of y•" % pa annum, in monthly in~tal4
menrs ai (otlows: S-2~Z•~ on the ~~'h day of ~t+Ober , 19~__ and a like sum on tF?e correspa~d~np day of each moMh Itxrr
aEle~ urttil the wfiole be fully paid.
Each installment tira~ shall be appt~ed i~ payment of the interest end then o~ the unpaid balance of tfie principal sum. tf default is made in T1+~
payment of any installment when due, and such default continues 30 daya, then at the optron of the holder, and withoul any other notice, aU the remainir+~
~~s~allments shal{ be due and payable a1 once. Privileg~ is given to p~ep~y ihis rate in wlak or in part at any t~me without penalty. Neither fwebearance,
rar ~cceptance by the holder thereof after any default in any paymsms hereon, slulf be deemed extension. A Iste paymrnt charge of = 1?_!
_.,60 sh~ll b~
added fo each imtallment ?emaining unpa~d 7 days after its dw d~te, and • like ~um sAall be added to each such installment remainir~g u~id 7 d~ys aftK
e+ch ~ucceeding payment date.
Eacfi maker, surety and endorse~ hcreof, jointly and severatly, w~ivet demsnd, pr~sentment ptotest and notice of protest for rwnpaYn+~nt, and further
=~r~rs t3 sn~ ez:e: st::~ ot t::~;e ~;.y~~Knt, tiiE~r [~eiore or aiie~ maiunry, wi~hout notice to any of us: and to pay all co:ts of coUeaion. i~cludioy ~
reasonabk attorney's 1ee the event oF any default hereunder, a~+d hereby seve~slly waives all be~afit of homestead and exemption under the constitution
and laws of each S~ate of the United Ststcs, as agsi~at thi~ obligation o~ any eatens~on or renew~{ fie~eof.
w;~~s ~tw h.~d ,~d ..~t ot ~ P+~ry. HARRIS CONSTRUCTION CORPORATION
IIy: S/ Hazel J. Harris ~
Cornorate seal affi~oed s ent ~U
~ • Attest: S Franklin A. Harris ~u
Secretarq t~,w
! ~2 ~ ~ ~ State Revenw
NOW, THEREFORE, ths MORTGAGOR fo~ the purpos~ of securing p~ymem of s~id sum of S 28+~~•~ ind ths psrform~nce of th~
covertants and ~greeme~ts he~~inafte~ ezpressed, snd 4or divers ~ood u~d wlwblt to~siderstio~s, by thess p~esenri, does yrant, bar~ain, sell, remiae,
release, convey and confi,m unto tFu MORTGAGEE, iri s~cceuws and +u~pns, all thsl cen~in lot, pieoe w p+rcel of land, situat~, lyiny, and beirq in tM
Cow?ry of •~C ig and State of fforida, describ~d as follaws: _
r
All of Lot 32 and the South 20 feet of Lot 33, Block SILVER LAKE PARK
SUBDIVISION, as per plat thereof on file in P'lat Book 10, page l~, Public ;
Records of St. Lucie County, F1Qrida. '
By agreement of
Mortgagor .and Mortgagee on Pile With Mortgagee,
the within mortgage secures not only an eaisting indebtedness,
but elso ADVANCE~S to be ~~REAP'TER made by Mortgagee to Hortgsgor,
the aggregate of which Will equal the principa.l amount speciPied
in the promissory note secured hereby. ~
~ S TAT E L] L~ t-~ i~ H. ! ~G • C(/ 1N ~
.
~L M t70C JMEt~JTARY r--;~;,~5 ~ Li F' l1 p~J~ ~~f ?E1~p~
p~PERTY,
c ~ Df.i 7 UF
i!EYEi'tU~ R - _ ~ ~ ~!R 11-1~ ~ l9! ~
I *c~i N - ~ SE? 20'75 t= 1~ 2. 0 O i ~ CI#CO l.
o`, "s _ FB.~~ ' t R OOYRTi ST. WIIIE ~p~ FL/~ /
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t together w~th all snd singular ths tene~nenn, heredit~menn ar+d appurtancea tl+~reunto b~longin~ o? in anywise ~ppeA+i+ia+p th~rNO, and ~ff renls, bsuea,
~ pr«eeds and prof~n acauirg s~d to ~ccrve from :aid premises, +II of which ue included in tl+e ~bove and forpanp dacrfption ~nd Mbtndum.
~ TO HAVE AND iQ HOID tF~e above described and yr~nted prcm7ses unto tht ~aid MORTGAGEE, ib successws and assipru for~wr. Md th~ s~id
` MORiGAGQRtf is ts he'us, executw~, administrators ~nd essi9ns, hereby cow~s~ts with the said MORTGAGEE, in•wa~ssws ~nd usipra,
E that --i' Iawfv{ly seized of tfie s~id premwes in f~s~ iunplr, tMt tM s+rn~ ue free, clea~ sod dischar9ed from all lia+u and ~ncvin~
; brances in law or in equity, and that ~t wi11 +nd i{"r' fiein sfiall wsrrant and dtf~nd the titk to tM sart+~ to fM s~id
; MORTGAGEE, its s~rcceuws snd auigrn, faever ayainst th~ lawfu) claims and demands of all penoraj
PROVIDED, ALWAYS tFwt if the MORTGAGOR shall pay unto the MORTGAGEE the promistory note hcreinbefwt dexribed ~nd shall ttuly, prompfly
and fufly pcrfosm, d~xMrqe, executa, complste, comply with and abide by eath ard every the stipvlateau, ayreemenri, condiliom ~nd wvenanb Of s~id
~ promiuo.y note and of this Mwtgape, f}ien this 1Mortg~ye and the Esate hereby aeated shall cea~e and be null u~d void.
f tT IS UNDERSTOOD that the word "Mortyagw" whether in tM sinpular w pl~ral anywF~er~ in this Mortpaqe, shall be sirgulu if on~ only and pC
sh~ll b~ p{ural joint{y ~nd seve?~liy if more tha~ one. ~nd that the word "their" af ufed anywh~r~ in this N1ort9sye sMll be taken to mean „his•• •'1Nn;•
w"iti;' wherever the context so implies or ~dmits. Also, th~t w!?erever there is ~ nference (e the toven~~ri and ayraemenes Mtein coe+e~in~d to ~m d~w
the p~rfies herefo, the ~ame shall be construed fo mean as well as the heirs, leysl representativa, successws and auigro (~Ither voluntary by ad of th~ ~
i panies or imotunury by operstan of the law) of the aama and tMt the coven+~+n i?erein contained ~U bind u~d the benefib u~d dva~tapq Inw~
; ro the respective hein, ky+l representatives, wccessors end ass°yns of tl~e ps?Y~es hereto. ~ ~
~ And said Mwryapors, fw +~c.mse:.:a and their hsin, leyal rtprese~urives, wccesson and ~uiyns. Mreby jofntFy and sewrdly cov~nant ~nd prN ~
; ro and with the said MORTGAGEE, its successors snd ~ssip~:
t
~ ~ 1. To pay all and sirqular the p?incipal and interat and tl+~ vuious ~nd sundry sums of money paYsble by viNue of said promissory noN. ~od fhb
` mwtysQe• each ~nd every, promptly oo tM dayi respectlvely the tsme sevu~lly becan~ dw.
- 2. To psy all ~nd si~gufH the taxes, as~etsmenn, kvies, liabilitia, oblig+riom snd encvmbrances of evsry n~tw~ and kind now on said dasn~d ~~1~
propertY. a ~hat he.e~fter may be impcsed, svfiered. P~aced, {evied, or suesxd thenor?, or tha~ 1~ereaftK may be levied or askssed upon thi~ Mor!p~ ~
; +9~, or tFw lndeb~~dness secwd her~by, eacfi ~nd every, when due and p~yabls. ~ccordinp to I~w, be~or~ they becorn~ delinqwm. and befw~ ~ny interMt
attaclxs or sny penaity is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAtI BE PROJNPTIY SATISf1E0. AND OISCHARGfD OF
REGORD AND THE ORIGINAI OfFIC1Al DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THf SATiSFACTION PAPER OFFIGIAIIY ENDORSE~
OR CERTIf1E0) SHALL BE PLACED IN THE HANDS OF SAID MORTGAGEE WI]NIN TEN DAYS NEXT AfTER VAYNIENT; snd in tFw event thaf ~ny tMnof q nw
pa~d, ut'sfied and discharged aa:d MORTGAGEE may st a~y time psy tfie same o? •ny part ~hereof witFw~t waivi~g a affecting any option, lian, squity or ~
•~aht under w by virfue of this mortgage and the full smo~nt of each and evcry iuch payment sMll be immediately dve and payabk and ihal) bt~~ intpqt
Eran the dsse thereof untif p~id at rate of nine per ce~tum per snoum ~nd together w~th such interest sMll be secured by '•he lien of th:s mwytaQe.
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