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Home My WebLink About0984 ~ + 318083 ~ THIS INDENTURE, Msd~ th~ 2Sth day cf t~~= A.D. 19 7S - between - BAST COAST DBVBLOpMENT CORPORA?Iq~l, A RLORIQA CORPORAT ON of -~t• Z.~+i~ County Flaida, her~ioatter de~ignated af tM "MORTGAGOR," ~nd FIRST FEDERAI SAVINCaS ANp IOAN ~ ASSOCIATION OF FORT PIERCE, a cwpa~tion ap~~ized and existinp unda the I~wt of tl» United S~attt of Amerk~ ~nd havirg ib prlnclpal plau of busiMSS in tM Ciry of fwt Pit~c~, St. lucie Co~nry, Flwid~, htr~inafler desipnated as the "MORTGAGEE." WHEREAS th~ MORTGAGOR it j~nlly indebt~d to tha MORTGAGEE in the sum oF =~~.a~•00 good and lawful monsy of the United Statet advanced by ths VIORiGAGEE unto ths MORTGAGOR, as ewdenced by a certain promitsuy ~ote of even data he~ewith, of wh~ch the foltowinp in ~oL, 32d •~yyt~ is a trve coPY. towih :i jpp ~7V ,,e 13000152 fwt Pierce. Flaids. S~t~har 2 S 14 IS._ fd value received, 1, we w either of ua, promise to pay, withovt defslca~ion, to the order of FIRST FEDERAt SAVINGS AND.LOAN ASSOCIATION OF fORT PIERCE ar Fort Pierce, Florida, the sum of S 3~~2~!0O w;Jh imerest from date at the rate of8~% per annum, in monlhly iostal!- ments as follows: _ on the ~tb day of ~a~sr~_ 19_76 and a like sum on the correspond+~g day of exh month therr after until rhe whole be iully paed. Each instatlment first ahall bs appl~ed in payment of the in~erest and then on ~he unpa:d balance of the princ~pal sum. If default is made in the payment of any installme~l when due, end such default continues 30 days, then at the option of the ho;der, ar*d without sny other notice, all the remaining insta~lmenis sAall be due and payable at once. Privitege is gi~en to prepay this note in whole or in psrt at s~y time ~without penalty. Neither fw~bearance, nw acceptarxe by the holder ~hcreof a(ter any default in any paymenrs hereon, :hatl be deemed extension. A late payment charge of =~•65 thall be added to each ~nstallment remaining unpa~d 7 days after its due dale, and a like sum stiall be addtd to each such installment remainir?g u~paid 7 da•~s after each succeeoing payment dau. ~a~:: +~~a+~~:, ;~~o~y ernf rn3urter ne~eot, jointiy and severaiiy, waives uemand, preuntment protest and notice of protest for ~onpayment, and fvAher agrees to any extens~on of timE of paynunt, cither before w after maturity, without notice io any of us; and to pay all tosts of tollection, intlud~np a rea:onabk attorney's fee in the event of any defautt hereunrler, and hereby severalty waives all benefit of homestead snd exemption unde~ ihs tonslitWion - and laws of each State of the United States, as against this obligation w any extens~o~ w renewal hereof. Witness the hand a~d sea~ of each party. ~$1' j~$~~~$NZ' ~~A'=`i~ BYt S/ xatael Vi~_ pr~s;d,~s,t ~U cs~nU Corporate seal affixed ATT~ST= ~ S/ Mario SWieras. Vice Presid~,,~ r 49.80 . (~?U ~ ) State Revenue (~?amPf eeneelM! en alginsl~r~ets}~ . NOW, THEREfORE, the MORTGAGOR for the purpose of securing payment of said sum of j 33~200~~ „ ~nd tF~ pesEomt~np of11N covenants and agreements hereinafter expre:sed, and fw diven good and valuable consideratans, by these presenb, does gr~M, bsrqein, setl, remis~, - ~elease, convey and conf~rm unto the MORTGAGEE, its succeuors and assigns, alt that ccrtain lot, piece or pucel of land, situate, W:ng, and beirg in ths ~ Co~nty of St. Lucie and State of Florida, deur~bed as follows: f Lot 7, Block 244, pORT ST. LUCIE, SDCTION 6, as per plat thereof on file in P~at Book 12, page 36A,public records of St. Lucie County, Flozida By agree~es~t of Mortqagor and Mortgagee oa file with Mortqayee, the witbia aort- gage secures not only an e~cistinq 3s~debted~as, but also MNANC~ to be HBRSAP7BR sade by l~tortgayee to Mortqagor, the aggregate of which will equal the principal asount speci~ied in the pro~iasory note secured hereby. ~f ' T STATE FLORiC3~ ~ OOCUMENTAR`.~:;m STAMP 3A X j U~pT.i.lF RfYENUE. s~'•, ' ~cCi ~ = OCT.!•75 = ft ~B. ~ ~ 9. 8 0 ~ Ecavm O m = t11G2r ~ ~ ~ pH a~ IN WIYA{E7~1T OF TAXs^..3 o - ~ ~C' INTMl6161E PERSp1~L{~ PROPsR!` r ~SlIANT TO _ R08ER POITRAS ~ ly!!. . 'XFR!( CtRCUI~ OWR[~ Si. LtM:1E Qp, r,:' ~ rogether with all and singular the tencments, heredi~aments ~nd sppurtances thereunto belonging or in ~nywik appertainirg thereto, u~d all rents, iuws, . pr«eeds and profits acauing and to accrue from said premises, al! of which are included in tM above ~nd forparg dtstripfion and habendiem. TO HAVE AND TQts LO the sbove desvibed snd granted p~emiies unto the said MORTGAGEE, in succeuon and auigra forever. Md th~ said { MORTGAGOR for ~ heirs, executas, administrators ~nd sssigns, hereby covenanri with the said MORTGAGEE, its suaesson and ~saipnb rhat it-i8 lavrfully seized of fhe said premises in fee simple; thst the same ar~ fr~e, cksr ~nd distharged from all 1'ieM and ~ brances in law or in equity, and that it wi11 end itS hein shall warranf and deftnd the titlt to tM s~ms to NN said MORTGAGEE, its successors and assigns, faever agaiast tF~e lawful claims and demands of sll persont; PROYIDED, ALWAYS thst if the MORTGAGOR shsll psy unto Ihe AAORTGAGEE tF~e promissoty noq hereinbefore desctibed ~nd shall truly, ptomptly and fully perform, d~scharge, execute, complete, comply with and abide by each and every the stipulations, agreemen», condifions •nd ooven,on of aad promissory rate and of this Mortgage, t}~en this Mwtgage and the Estate hereby ueated ~II cease and be null and void. IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular or pl~ral anywher~ in fhis Mortgape, shall b~ sinp~lu ;f on~ pdy ~nd o0 shall be pluni jointly and severally if rtwre thsn one, snd thst fhe wwd "their" as used anywhere in this Mo?tgag~ sMlf b~ faken to mean "his:• ••hen," w"its," wherever the context so implies or admits. Also, that wMerever there is s re(erence in the covenants a~d apreements hetein oontained to ~ny of ~ the puY~es hereto, the same shall be c«urrued to mea~ as well as the hein. Ilgil rlprefenf~tivH. successon and assisns (eitF~er voluntary by act of th~ ~ parties or invot~nury by operation of tF~e law) of the same and that the covenants heroin contained sha11 bind ~nd the benefits and sdvan:apq irwr~ to the respective hein, le9al repreuntatives, successors and au~gns of the p~rties hereto. 1~ And said Mwtysgors, for themselvet and their heirs, legal representatives, succeswrs and asiyns, hereby joimly and ~evaally cov~nsr?t and apree y to ~nd with the said MORTGAGEE, iri wccessws ~nd auigns: ~ 1. To pay atl and tinyulsr the principsl and interest and the various and sundry wms of mone ~ mortgsye, e+ch and rvery, promptly on the dsys respect~vely ths same severally become due. Y~Yabk by virtw of said promiisory ~ob. ~nd thi~ 2. To pay dl and sirgular the ts:a. ~ssessments. Iwies. liabilit~es, obtigstiaq ~nd encumb«nces of every n~tw~ ~nd kind now p~ Nd ~ p~opertY, a th+t here~fter may b~ imposed, suffered. Plsced, tevied, a auessed IMereon, or that her~afta may bt kvird a aswssad upon this Mort¢ age, or the indebtedness secured hereby, exh aod ~very, when due and paysble, accordirg to Iaw, befwe they becorn~ delinquent, and b~fw~ any fntar~st sttaches p any penalty ii incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAJNE SHAII BE PROMPTIY SATISfIE~ AND DISCHARGEO Of RECQRO AND TME ORIGINAL OfFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFFIGIAIIY ENDORSED OR CERTIFIED) SHALL BE PlACEO IN THE NANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the ~ve~t tMt any thereof is no1 Pa~d, saYsfied and dixharged sa[d N10RTGAGfE may at any time pay the same a any p~rt tFereof without w~iving or affettinq ~ny option, lien, equity p •~qhr under a by virtue of this mortgaye and the full amount of each and every such payment ~hall be immedistely due and payabte and shall beu inttrest ~rom tha date rhe.eof ~cr~l pa'd a~ rate o4 n;ne per centum per annum and toyether w~th such interest shall be sec~red by the lien of th's morgtage. ~ ~ , : J - j - . . _ _ _ _ " . . ~~u~ y'~_,, Y'a 1 ~ ' - I °=1? c^~ ~°'Y"~ i -34~'a„ % ' - . . _ _ »r~~~-i~i:'~s.'~~~3r.:?G~~~..e._.:. v_.'~-rs.