HomeMy WebLinkAbout1351 ~ ~ 3183~2 ~
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THIS IN~ENTURE, M+d~ th~ 3rd ~y pf : ,~CLOb~! A.D. 19 75 betw~
I~LLY ~ONSTRtJC1'ION COMPANY, a Rlorida Coroorati~n
of St. WCif „ Co~nty Florid~, hKtin~ftu d~ipn+t~d a~ the "MORTGAGOR,' a~d FIRSi FfDERAI SAVINGS AND IOAN
ASSOCI/?TIOM Of FORT PIERCf, a oaporation apanu~d and ~xiitiny under tM (~wn of tM Unit~d Sta~~s of Am~rica and Mviny its principa) pl~c~ of
bvain~p In IF» City of fwl Pi~ru, St. luci~ Co~nry, Florid~, hKtl~afqt d~sqMt~d ~s th~ "MORTGAGEE:' -
WHEREAS tM MORTGAGOk i~ j~»tly ind~bted to ths MORIGAGEE in tM tum of = dl .bQO. ~O , good and lawful ma~ey of the United
Statn ~dvanced by tM MORTGAGfE v~to tF~e MORiGAGOR, ~s eridenced by • c~rtain promisiory no~e of evan due hcrewith, of wh~ch 1M toitowir+y in
wads ~nd fipw~s is a trw copY. ?o-wit:
= 41=600.00 r,j,_ 10021~6_2d
~o., Pkm, f~«;d,. October 3. 19~_
For valw received, 1, we w eitha~ of us, prom~se to psy, withwit defalca~ion, to the order of FIRST FEDfRAI SAVINGS AND LOAN ASSOCIATION Of
FORT PIERCE af Fat Pierce, florida, ths swn o~ ~ 41 ~600.00 with inte~e~t f~om date at ths rate of~Z~96 pe~ •nnum, in monthly irutall-
ments u foltw~: = 34~ on t?~s Z~Lh d•y os January ,~9_~~ and a like avm on the cwrespond~ng day of ~ach monlh ther~-
~ftN unril the whole be~ully paid. ,
E~cF~ iosullrrKnf ~First shall be applied in paymenf of ths inteveit and then on the unpaid bal~nce of the princ:pal wm. If defsutt tt msde Ir~ tM
payment of any insfall t when dus, and such defautt co~tinves 30 dayt, then at !he option of the hotder, and withou~ any other notice, all t!?~ remainin~
i~sullme~ts iAai) be d and payabk at once. Privilapt is yiven b prepaY this nots ie whok or in part at s~y time without penaNy. Neither forebsar~nct,
rw? ~tcept~ec~ by tht hot thereof after any default in ~ny payment~ hereon, tMll be deemed exteniwn. A late payment cMrgs of ~ 17•15 sMll b~
added ro eath installment remaininp ~npaid 7 days after its due date, and a tike sum shall be sdded ro each such insfallment remaining unpsid 7 days ~her
each wcoeedin~ paYment dat~.
EacA maka, surety and endaser hereof, join?Iy aod sever~lty, waives dcmand, preseMmer?t protest snd nofice of protest for ~wnpayment, ~nd futThsr
~grees ro u+y extension of Yvne of paymem, either befwe a aftsr msturity, without notKe to a~y of us; and to pay all costa of coltection, ir+cludiny a
reasonable attorney i fee in tF~e evmt of any default hereunder, and hereby seve~ally waives all benefit of homestead a~d exemption under fhe constitution
snd laws of eath Sqte of the Uniled States, as against this obligation ot any exteniion or renewal hereof. -
w~t~. n~„d .~,d x,i ot ~n w?n~. KE NST IfpN OOMPANY
" _ ts~?U
BY : 5 K Ha, l l ~q
Cozpora~e ~eal ris`i i~~aa -
r$6 2. 40 ~ sta» ttewnu~ ~U
NOW, THFRfFORE, the MORTGAGOR fw tM p~rpose of ~ecvri 41, 600
cownants and eemenn herein~fter ex ^9 ~y'^~^t of s~id sum of S ~~+d tM performa~p of th~
release, tonv and Conf'um unto 1M MOBP
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GfE~ib s d1utcessors~jnd ad v~~wbb ~ ea?sideratio~s, by 1h~ss preseMa, dp~s pra~t, barysiA, a~ll, nmise,
~Ir s~:Qna, alt tAat certain lot, piecs or p~rcel of lu~d, sitw», lyiig, and bea~p in th~
Camty of LuC le ~nd Stste of Fbrida, describ~d a~ idbws:
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Lot 10, Block ORANGB BL06SOM 65ZATES, SECOrD AODITION, SEOOI~ P1AT, ~
~ as per plat thereof oa file in Plat Book 16, page 14 of the public
records af St. Lucie County, Rlorida
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By agree~ent of Mortgagor and Mortqaqee on file with
Mortgagee, the within ,ortgaye secures not only an
existing indebtedness, but a2so MVANCSS to be HERB- '
AFTER vade by Mortqagee to UbrtgagoZ, the agqregate
of which will equal th¢ principal a~ount specified
in the prosissory note secured hereby.
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~ ~ STATE ~F FL~ ~iD l-`. l
~ ~z ^ L~OCUMENTAR`~~~~-:~.~STI~Mr Tr;X ~ -~?~EMOF7ax~
C~ c~ UEi'i. 0i kEVEPiUE: -~'~Y•;~ i ~~~18LE rER90NAL Pppy~jy~
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~ in ~ = PB ~ ;2Ci 7b s ~ ~ G. ~ Q ~ ~ ~ n~~ ~ 19/l.
; i s c, z ~ . J
¢ ~ °i ~ . - ~ C~K C1Rd1R OOURf, ST WCIE OD, ~ ~GI
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to~ether with ~II and singular ths tenemu~n, hereditamer+b and ~pp~rtances therewito belonginp or in anywise appertainirg thereto, and ~11 nnts, nsws,
proceeds a~d profin scwi~p and ro accrve from said prempes, all of wl~ich ar~ incl~ded in the ~bov~ and fora9oinp d~sviption and h~bMdum.
TO HAVf AND TO 110LD the abow described and yranted premises unto th~ said MORTGAGEE, its s~cceisas snd suipm fortvu. Md tM sald
JNORTGptGOlj S-~- - hein. executon, admi~ustr~tors ~nd aaiyns, he~eby coven~nts with the uid MORTGAGEE, its suocetwn and assipm.
tMt i Iswfully seiud of the said p?emi~ in f~e simplej thst ths same ue fre~, cku and discFurped fram all liem and ~~evm-
branus in law w a~ eqvity, snd tfist it will snd 1tS heirs ~hall wsnant ~nd defend the title to tM sam~ to tlw s~W
MORTGIIGEE, its succeuors and auigrn, forwe? ~yairat tM tawfut claims ~nd demands of all perao~;
PROVIDfO, ALWAYS that if the MORTGAGOR shall pay unto the AAORTGAGEF tM promissory not* F?ereinbefort datribed ad shall ttuly, promptly
ar?d folly perfwm, diidurye, ~xecvt~, complefe, comply with and abide by esch and wery the stipulations, agrsemenn, conditi«n and oovsnanb of said
prom~sw~y rate ~nd of thK AAongaq~, then this Morty~ge and the Es~ate ha~by neated ~fwlt ceass and be null and v~oid.
IT IS UNDERSTOOD tFut tF+e word "Mwtpapor" whether in the sirgulu w plwal snywhere in this Mortpape, sFull be sin~ular if on~ only and
+h~ll b~~ plwal jointly and teverally if mw~ than one, and that the wwd "their" ss used a~ywhere in this Mortp~ge sh~ll be uken to rn~an "his,•• •'hen,••
o~ 'its; whereve~ the tonre~t so implia a admits. Also, that wherevat thero is • reference in the covenann ~nd spr~ert~enb herein containtd to any of
th~ p~rtiss hereto, the sarrK ahatl be constrved ro mean as well ~s the hein, al •pO
k9 rrpresent~tives, successon and suipos (eNher volw~tuy by ~ct of Nr o
parties or involuntary by opention of tha I~w) of the seme and thst the coven~nn herein contained ihall bi~d and the 6ensfin and advanta~ees inw~ ~
to the respective heirs. Ipal reptesentatives, succesaon and au'yos of ths psrties herMO.
Md s~id IlAortypws, for rhemsslvp and their he;n, le~al rep~esentstives, successws and assiyns, hereby joimly and ~swrally coven~nt ~nd pr~e
to a~d with the said MORTGAGEE, its svttesw?s and sssigrn:
1. To p~y ~II and ung~rlar the principal and inte?est and tM vsrious ~nd sundry sums of moneY p~Yabl~ by virtue of said promiswry not~, and tf~i~
mwt~spe, each ~nd every, promptty on tM d~ys respectively tM ~+»e s~v~ratly becorne dve. ~
Z To pay aN ~nd sinpvl~r tM ts~cn. +susuner+n. Iwies, liabilities, obliyationa ~nd encvmb~ances of wery n~rw~ ~nd kind now on said d~wlb~d ~
P~~~Y, or that hareshw msY b~ ~npoaed, wffaed, placed. I~vied, a~uesssd thenon, ot thst hereafter may b~ levied or ass~ssed tipon this Mor1~
ay~. w tM i~+d~btedness tecvrcd hereby each aod ~very, when dw ai+d psysbk, accordinp ro law, b~for~ they becorne delinqutnt, uid befot~ ~ny im~rat
sttiches or any penalty is incwred; AND INSOFAR AS ANY ?HEREOF IS OF RKORp THE SAME SHALL BE PROMPTIY SATISFIED ANp DISCHARGED OF
RKORD ANp THE ORIGINAL OFfIC1Al DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RKEIPT OR TME SATISFACTION PMER OFftC1lULY ENOORSED
OR CERTfftEt~) SHAtI 8f PUGED IM iHE HAMDS OF SAID MORTGAGEE WITHIN TEN DAYS NEX1 AFiER PAYINENT; and in tM event fhaf My tFKrwf is not
peid, saY.sfied and diuhuged ss:d MORTGAGEE may at any time pay the same w~ny pa~t thereof withwit wsivin~ ot a(fettirq any option, lien, equity or
•ipht under w by virtue of thn mortgsge and the f~ll amo~nt of e+ch and every s~ch payment shaN be immediately dve arid payable and shall b~sr intaat
~rom tFx date thereo( ~ntil p~id at rate of n'u?e per centum per ~nnwn and to~ether with such interdt shell 6e setured bY the lien pf th:s morQt~.
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