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HomeMy WebLinkAbout1305 3~0~`~bv , , ~O THIS INOENTURE. AAit1~ d'M 30th ~y ~ . 0 tQb@Y r A.~. 19 75-+ b~iwNe BBNCHMARK OONSTRUCYION COI~ANY, INOORPORATBO, a Rlorida CornoratiotL of st• LLLCi@ Counly F{orid~, MninaffM d~slpn~t~d a M~ "MORTGAGOR." ~nd FIRST FEDERAI SAVINGS ANp IOAN AS,SOCIATION Of FORT PIERCE. • Qo?pa~~ion oroani»d ~nd ~xistiep wd~r tM (~w~ oI tlw tkdNd S~~tN of /lnwr{u and MvM~p itt principal plaw o1 bwi~w~s b tM Gt~l of Fat Pi~ra. St. LucM Ww~h?~ NOf~y INfNMNM dHiQM1~J N NM Z4 000.~00 WHfREAS th~ JNORTGAGOR is ~wtly Md~bNd b 1h~ MORTGAGEE fn tM awn of = ~ . yood +^d ~wful mawy of th~ Unl»d St~tp ~dvanad by th~ MORTGAGEE w+ro th~ MORiGAGOR, as svid~nc~d by • aKt~in pro.oisswr not~ of ~wa daq F~e.wvith, of which tM idiowinp M wad~ and fipwa h~ ttw oopy. to-wit: ~ 24 LO00. 00 10021669 ~o.~ P~.o.. F~o.w., October 3~' 19 fw wlw npiwd, 1, vw a~itl»r of vt, promi~ ro , withovt d~fdution, to tM ord~r -of FIRST FEOERM. SAVINGS AND IO/W ASSOCIATION Of fORT PIERCE ~t Fat PIKa~. Flalda, tFwsum of with inters~t i.om dau ~t th~ r~t~ of ~9•~% p~r +ru+wn, in monM1Y 1mta11- menq u(ollows: = 198.00 ~ t~ 20th ~ of February 19 76 and a Illu swn on th~ canspa~dinp day of ach ma?th ~Mn- afa+ vnti! tM wlwl~ b~ fully paid. E~d+ irat~lkosnt fint ~11 b~ applted in p+ymem of tM inr~nsl u~d thcn on tM unP~id babnce of tht prinNp~l wm. If defavM b mad~ io tM paymear of a~y iiu~~ltm~nf whe~ dw. ~nd wch d~fwh contkwe~ 90 daya, th~++ ~t tM option of th~ holde?, and whho~ any wMr notia. ~II tAs nmainirq insulimenn shall b~ dw and payabt~ at onc~. Privileye b 9iwn to prp~Y this rqh in wFwb or in p~rt st any tirtw witl~oW p~n~lry. PhitMr fonb~ww~o~, nor ~cerpt~no~ by th~ hold~r tMrwf aftM anr d~f~vh in aoy paym~nb 1Kr~on, s1+~11 b~ de~m«! ~xt~nsio~. A I~b p~yment cMry~ of ~ 9• ~ sMU bs added to ~ach instalMnent nmairtin~ trnp+id 7 dhn ~fhr its dw dat~, u~d a Iik~ wm shall b~ add~d ro e+ch such instdim~nt r~inhg ur~W ~ d~ys aftN e+ch wcaedieg P+Yme^~ dat~. Each m+ka. wrety ~nd ~ndor~er Mrwf, iointly and uwr~lly, w~ivn dem+nd, presentm~nt protat and notia of protsst fw ~oe?payma+t. ~+d fwtiwr agr... ro any •x»nsion of r~n,. of paym.rt?, either Mfor~ w afte~ matwity, without not~u ro ~ny of ~n; snd to pay aQ oosta of cdl~aioo, includinp • reasonabl~ attwasy's fN in tl+~ ~vs~~ of any defwlt M?~unde~, and i»r~by averally waives ~II b~nefit of hoeewstead ~nd exemp~ion w~d~r tM eomHlution arxl laws of Nch Sut~ of tiw Unit~d States, u ~g+ir?st this oblipation a ~ny txttntion a rerwwal he~wf. w~tness th~ hand and s~al of ~ach puty. BBNCHMARK CONSTRUCTION OONIPANY ~ INOORPORATBD ~ BY: s/Vernon C. Rhinessith~ presid~ Corporafi,e seal aPfi.~oed p~ggT: s/G. e. ~ Hutchinsaa. SQcr~tarv ~ ~ S ~ • ~ ~ Stat~ R~vM?w ~ (SEAU (S~aw~.Mwodbi ~?~d~ta • • ttOW, THEREFORE. tF+e MORTGAGOR fw tM purpo~e of s~cvri^0 P+Y~*eM of uid wm of i 2'4 ~OOO.OO , and NN pKfom~no~ of,th~ E cov~nan~s and ~pn~rrw~ts Mnh+~hK ~xpr~ss~d. ~nd fw ~vers pood and v~lwbb considnatiaw bb tMse P~ dos+ ~r+M, brpain; sd4 hmi1~. reteas~, eonwy and oonfum unto th~ MORTGAGEE, its tueoesson ~nd assipeu. all th~f art~in top pkp a p~ra) of land, sMum. lyinp. snd b~kg M tM ~ St. i.ucie ~ Sut~ of Fbrid~, dewib~d ~s fdbws: Lot 30 and the Nozth 33.33 feet of Lot 29, Block 46, SAN WC3B PI{AZA SUBDIVISION, ~ UNI? 1, according to the plat thereof on f ile in Plat Boplr- 5~ Page 57, Public , . ~ ~ Records of St. Lucie County, Florida, ~p~~~zs • V / ~ ONIY -14a~ - ~~a. ~ - r~~ ~ By agreeaent of Mortgagor and Mortgagee on file with Mortgagee; the aithin nortgage secures not only an existing IndebLQdness, but also ADVANCBS to be HBRB.- AFTBR made by'[~rtgagee to Mortgagor, the aggregate ' of which will equal"the principal amount specified ; in the promissory note secured hereby. ~ . ; ~ STATE ~F ~~.~RiDA. ~ ~ ~ oz ~ DOCUl1RENTARY,,-Y-.;- SjAMP Tl~.x ~ ~ c-~ UEPT. UF REYE1iV£ ~o" . ` ~ ~ ~ ~ ~ ~ k = C cn _ s i Dl~ ON q~ 'C' 1NTAIIQiBIE !EA'O~IAL M~PE~IY. ~ pR k0Y•c•r~~. j- 3 f~ 0~! Pu~r ~ cwu~~ n•~t. ~c?s oF iyn. m~o Q , ~ ~ ai t•- ~ kt, c. E~ PO~T"+R y CLERK ClRdllT OUi:~ ~i. W(:~t 00., flA Q , . . . to~t1+N with ~II and sinpvlar th~ tN+anMri, h~r~d'dam~nn and ~ppwt~nces thawMO Mlorginp a in anywir~ ~VPut+ininp th~r~to, and ail nnts, issws. proc~ and pofiM aaruinp and to accrw from s+id pr~nises, all of which ar~ includ~d in tM abw~ and fonQoinp d~w~tfon and h~bu~dw~w TO HAVE ANO TO HOID tl~ abow dexrib~d and qr~nted p?emi~s ~MO tlr s~id MORTG/I~GEE, iH s~xo~swn and a~ipM iw~vM. /4d th~ s~W MORTGl1G01~ fw lt S Min. ~:acvtas, adrt~inistraton u~d ~ssfpro, hu~b~r cov~nanls witl~ tM ~sid IWORTGAGEE, ils w~otawn ~nd ~uiptr, rhar lt iS ~wFuiy s~iz~d of the wW prunis~s h fN sknple: tlwt th~ s+n» w f~N. clw ~nd di~ciw~d fran alt li~ns and ~na+nr br~nces in law or tn pu+h/, snd tha~ it vvtll ~nd ---itS I+~in shail wuraM ad dehnd th~ tiil~ 1o tlr a~ fo fM s~id MORTGAGEE, tfs successon and astqro, fa~wr apaimt the lawfvl cl~imt and dNnxds of ~II p~rsornj PROVIDEO. /LLWAYS th~t if the MORTGAGOR shall piy unto fh~ MORTCsAGEE th~ prornisrory noN her~Mibefon dacribd ~nd shdl truly. ~ and fuly p~rforea disdw~. f%KYt~, comPl~te. ~amp1Y with ~nd abid~ by iadi and wKy tM aipulsfaro. +p~Nn~nn, conditions and aov~nants ~~said ~ promissorr not~ and d this M«t9pe, tl+~o thit Mo~tya~e and tir Estat~ hst~by vwt~d shdl cwt~ and be rwll and void. IT IS UNDERSTOOD that th~ word "Morty~por' wh~tMt in tl+~ slnpul~r a plural ~nywMr~ in fhis Nbrlyap~, sMll b~ sinQufat if on~ only and ~ shall b~ plwd ioimy w+d wveraly ff ma~ th~n on~, and tMt th~ wad °tiwtr" as wed aeywMre in Mis AAortyap~ ~11 b~ t~fcu~ ro nw~n "his," "'Iwn,° ~ «"its," wMrwer the context w irnplia a admin. Abo, that wherevs~ then b a nfM~ in the cov~nann ~nd pr~menb Mnln aomabwd fo ~ny of ~b ~ rhe p~rti~s hereto. ~M sae» ~hall be co~utrucd ro msan as wdl a tl» Mks. I~pal ?~praMtatiws, waesson and ~wipns (~ith~r vowm+n? bp ~ct of tl~ n~e ~ pmies or G+voluntu~r by opMation of tlw I~w) of tFw sam~ and that tF~ oov~naMS hsrein oontslnd shall bind ~nd tl+e b~fi~s and advantpa inun ~ to the r~sp~aivs heirs, 1~1 r~prese~t~tiw~, a~cc~s~on and au~yia of tF» partin I+a~to. ~ Md uid Nlortp+pws, fw tMms~lws and tMir Min. Ip+l nprsanativ~s, suoceuors and auipro. MnbY i~h/ w+d wwrdly ao+r~wnt ud prN ~ ro and with the wid MOItTGAGEE, ih woaswn ~nd as~ipna ~ 1. To pay ~11 and sinputa th~ prineipal ~nd intae~t and th~ vuiova and s~w~d~ry swewl of mon~y p~yabb by vhtw of s+id promissory nW~, and thtt ~ mortp~. Meh and wuy. PranPtly an th~ dap r~spattiwly th~ saem kwnltp baeor~w dw~~" ~ Z To pnr dl ~nd si~qula the tax~s. assea+ner?ts. Iwies, liabilitia, obtip~tions and Mcumbr~ of ~wry rwtw~ and kind now on s~id davfb~d ~ propury, a tMt Mre~ftK n+~y b~ impoNd, wffKed, plac.d. Mviwd, a a~awd tha~on, a? thn iienafte? nwy b~ Iwid a as~sNd upon thi~ 11Aor1~ ~ or t1M ind~bNdn+~s s~cur~d lwr~by. ~ath ~nd ~wry, wMn dw and p~yabl~. ~ooad'inp b bw, befo~~ ti~r b~tan~ ddinqwM, and br[w~ any 6pKM1 ~n~ches w arry peewhy k incwred: AND INSOFAit AS ANY TNEREOF IS OF RKORO THE SAME SHAII bE pROMPTLY SATISf1EC ANO DISCiIARGEO Of RKORD AND THE ORIGINAL OFfIC1Al DOCUMEM (51/CH AS, fOR INSTANCF, TFIE TAX RKEIPT OR THE SATISFACTION P/1PER OFFIClA1LY ENOORSEO OR CERTIFIED) SHALL sE PLACfO IN THf HANpS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMEMj ~nd in tM w~nf ehsl a~y th~rwf is no! paid. ~at:sfiwd u+d diuhary~d said MORTGAGEE may ~t any tim~ pay th~ sam~ w any p+r1 tMreof wNhout waivinp or ~ff~ctirq any optia+, liue, pvity or •~qhf w~der a by vi.tw of this mortys~e u~d fhe full amo~m oi each ~nd every wch paymei+t ahall be i~wnediately dw and p~yabb and sMl! b~x int~nat irom 1M d~t~ therlo( until psid at r~tt of f1iM p!t CMfYT PfI ~fM1YR1 and wp~tMr w~th wcfi inte~~st ~hall b~ Ncu~~d by tM lis~+ of th:s mor~tape. - - - - - - - - ~ . ,K~~~ ' ~.s~~ ~i+..m ~ . 41s ~ ; ~ In