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THiS INpENTURf, .INd~ ~hs- 12 L h d~r ~ AP~ ~ 1 ~ A.D. 19
76 bNw~?
•.',T~ .
BENCt~NARK CONSTRUCTION COMPANY INCORPORA'T60 a Rlorida
p~ SL . I.I~C lt ~ Cpy~ty fla,da, 1yr~in~(tN d~sq~+rd ~s tlw "MORTGAGOR," ~nd FIRST FE~ERAI SA NG5` IINDa ~N _
ASSOCIATION Oi fORT ~IERCE, • oor~or~tan :vyu~i:~d and ~xii~inp w~da tM laws of tM Un~r~d Sf~~N of /lmwiu u~d Mvinp IM principal p1~u of
bwin~ M~ tlr CNy d Fwt Piuca. St. luci~ County. fbrid~. Mr~L+afia d~sqnu~d .a ~M "MORrGI?GEE."
24 000. 00 ,r,~ ~.wty~ ,,,p,.y of t~+. Ut?it.d
WHEREIIS tM MORTGAGOR U jwti~l ind~bt~d ~o tiw MORTGAGEE in 11w ium ot = a. pood
St~tN ~dv~nc~d by th~ MORTGAGEE w>>o ~M MORTGAGOR, ~s ~vid~nc~d by • c~rta~n promisswy not~ of !~Y~f1 dat~ Mr~witFy of which ~M 1dlo~rinp in
wo.d. .ed fsow.. i~ • trv. covr, to-,N~t~ ~ 100218b 1
:24.000.00 ;
p~~.. ~F~:~, Apr i 1 12 19 76
fw v~lw rK~iwd, 1, vw w~itM. of ~s, pom~s~ to ,~ay, wi~hout def~lc+tiun, ~o tM wrl~r of FIR51 FEDERAL SAVINGS AND IOAN ASS(KiAT10N OF
fORT PIERCE ~t Fat Pi~tu, Fl.xid~, tM sum of j 24 ~ J~~ - with in»~es~ from d~t~ at ?h~ ut~ of 8• 7~ pN u?nwe. in nwnthly irtN~ll- ~
menn a ioltows: = 198.00 ~ tM 20t~y of _ July . 19_ 76 aod • lik~ iwn on tM car~spwsd~np d+y of ~ach ma+th tMrr }
aftK un~il tM whol~ b~ fully p~id. . -
E~ch ieut~llm~nt iicat ah~ll b~ ~ppli~d ie paYm~nt of tM inrerett ~nd ~hen on, tM unpaid ba1~M! of the prinupal swn. If dt~euh b nwd~ in tM
paYen~nt of ~ny insallewn~ wMn dw, u+d such d~f~uh centi~uti 30 days, the~ ~t the option of ~he hotdx. and wi~hout ~~y oth~ notic~. ~!I tht rem~inir~
~n,r•14nMn aMll b~ dw and paybl..~ onc.. Priv~leg. is qivM to prepaY this not~ in whob w M put ~t ~ny tiiri~ without p~n+lty. f~feitMr fo?~a~ante~
rwr ~c.c~p~~ep by tM holda thKeof ~ita u~y defauN in anY paYrnM~a hereon, shall be deemed ex~ension. A tat~ p~yment ch+ry~ of ~~SZ, ~MII b~ ~
sdd~d ro e~ch imailmN+t rwnahinp unpa~d 7 days aftar its dw date, and a tik~ ~um sh~ll b~.~dded to e~ch sucF+ instd~me~t r~maininp vnp~W 7 daya aftK - t
~+d+ svcoNdinp WYment dar~. ~
Ew~h maka. awNy and ~~dwsM h~~~of. joi~tly and s~venlly, w~~ves da+nand. presentment profest ar~d notic~ oF protesf for ranp+ym~nt, and furtF~
pnp a any uu«aion of ~im~ of paym~nL ~ither b~fw~ or ~(tsr mawriry, wirhout no+K~ to any of us: •nd ro pay ~!1 costs of adbction, Inchrdirg •
r~asonab4 sttonwp'~ fN in th~ w~nt of ~ny d~f~ult hereu~h+. ~nd h~reby sever~lly waives sll bene(it of hornqtad and «nptiaf~ vnd~r tM oonafiMial
~+d bws of ~ach Sar~ of U+~ United A~t„. u+yainst ~his obl~ya~ion w+~~y ex~~nsio~ a renew~l her f. ;
Wjt~,. eh. h~! .~d of suh ~.~y ~ BEMCNMAR STRUCT ION . ANY CORPORATEO
- (5~?U
~ ~ BY: S Vernon C. sai ~ ;
CoYpoiate seal affix~2l' -
President ~
' A?TES?: S/G B. Nutc inson c et ~
~ $ 36 . 00 ~ s?.t~ R.wnw ~ L ( '
.
yQW, THEREFORE, tlr MORiGAtaOR fo~ tM purpou of secwing payment of ucd sum of i, 24 ~~0. 00 pf ~y f
cov~nsob ~nd +prwewMa Mrtioafti~ enpr~ssed. aed for divers ~ood ~nd v~lwbt~ consider~tions, by tM~s pr~senn. .do~s prant, t»ryain, s~ll, :
r~ka~. uenvip ~+d oonfirm unb •iM MORTGAGEE, ils auaeswn ~nd ~ssipna, atl that cerain lot. pi~u or parul of land, situat~, IY4p, ~nd b~inp h tlw z
~~.~y L.li~
le u~d St~t~ of Fbrida, d~~cribd as falows: ;
South 16.69 feet of Lot 24, Lot 23, and north 16.66 feet of Lot 22
Block 46, SAN LUCIE PLAZA SUBOIVISION, UNI? 1~ as per plat thereof
on file in Plat Book 5, page 5~ ~f the public records of St. lucie .
,
county, F~oriaa? ~~~Hi~ : j`~~~ - 7C~1 _o ~'~6 ~ Dao g
I'I GaE 0 1
i
By agreement of Mortgagor and Martgagee on file with the N~lortgagee,
the within vortgage secures not oniy an existing indebtedness, but ~
{ also ADVANCES to be t~REAF2ER made by Mortgagee to Mortgagor, the ~
E aggregate of which will equal the pzincipal amount specified in
the promissory note secured hereby.
~ S~'AT ~ FLORIC~A: ~ ~ ~ ,~w?'""°R~n,
DOrUMENTA~t`.' s-~: S1 Ia M P ~ f• ~ ~{ItiM16~~ 1971~1
Z ~ - ' ~~j
~ ~ ~ S OF
o y o ~jEpi°JF REYENUF !r r+"~- - :
6 = _ ~iNitS'7o~:~f-~?~'~ 3 6. Q 0 ~ Si. ~ +
~ PB. ' GRGWT (X1URT. ~
~ = ii~o2
topetMr with ~11 and sinpvl~r tM t~ewrrwnts. l~red7tame~?b and ~ppu~t~erc~s tMrwmo belonpirg a in ~~ywis~ app~Aaiednp tMr~to, aid al) nnts, htws.
procNds and pro~its ~ccnrinp ud to ~ccrw frorin s~id prNr:~es, all of which ~r~ included in tM abov~ and fwpoiny d~wiption and h~b~ndum.
TO HAVE ANO TO HOID tM abov~ d~w~b~d end yrane~d premiu~ unto tM said N10RTGIlGEE, in avcoe~son ~rd asaipro for~wr. Md eh~ ~aW
MORTCs~ foe 1 t 5 Mirs, ~x~evton, aden~nistraton and asigm, het~by aov~n~nts with th~ uid MORIGAGEE, it~ wotN~on ~nd a~. ~
r~ 1 1 S lawfully s~ized of th~ s~id prema~s in fN s~mpl~: tMt tM same ar~ frk. clear and discharp~d from ~11 liaM ~nd N~wo- _
brant~s in law a in p~ity, s~+d tMe I L wi!! u.d i t 5 Min ~hall wurant and d~f~nd tM titi~ w tlN um~ to tlw uW _
MORTGAGEE, in wcuu«t and aasip~s. fa~vsr painst tlw lawfvl claims and dNnsr+d: of ~I) qrsoro;
PROVIDED. AIWAYS th~t A th~ MOltTGA(',OR ahall p~y w+to tFw MORTGAGEE tM promiasay rwt~ Fw~M~b~fw~ d~wibed M+d ~hall aulp, pranplH ~
~nd ivllp p~rfonn. ~sdwr~, u~tvt~, comPist~, cornply with ~nd ~bide by ~ach and ewry th~ atip~?lations, aprNmsnts. oonditiorr and oov~naMS of ~aW i
promiuwy ralt and of this Mortpapi. :}wn thFs Morty~ye ard the Es~a~~ ha~by va~ted ~11 ua~ rnd be null ~nd void. i
ro +
IT t5 UNDERSTOpD that tM wo.d "lAwtysyo." wMfher in rhe sir.4ular cy plwal anywl»r~ in this Mwfpapt, ahalt b~ ainpular H ar oely a+d'~ ~ s
.~„u b. dw.~ ior~ty .~,d Kv~rallp if mor~ than orn. s:.d tMt sM word "thsir" as w~d ~ny«Mn in tha Mwtyap~ aMll b~ tak~n ro en~a+ "hq," "hxt,"
w'i»," whu~+n~ tM cont~st io implies or admits. Abo, that wher~ve~ ther~ u a r~f~r~ b? rM cov.n.nn snd .pn.rn«sn ha.~+ eom.tmd a any d ±
~M pwtiN hN~to, th~ sam~ ~!i be consttued to rrwan as w~ll as tl~ hein, byal «praeMativp, arcuuors and ~ssipru (~itl~ voluntsry b~? ~ct of 11a ;
p~nia a Mwoluntary by opK~tion of tiw law) of t!w sam~ an.f thaf the cov~nanfs he.~:n c«.tairnd ~Fufl bind wid tne bsmfin a~! ~d~r~rNap~s hw~ ;
ro tM ~~~pWir+ h~in. l~p~l r~pre~a+Utiv~s, sucusson end au'pro o~ tiw p~ni~s h~rNO.
I4~d r~d Mwq+yon, fa tiwm~elws usd thsM M1n. Ipd np.es~tariws, wa~swn and aaiyrs, i+~r~by joinHy u+d awadly oov~n~rN and pn~ 3
ro and with rir said M~RTGAGEE, i» waes~on ~nd •asigoe: ~ ~
t~'+
1. to pry dl ~nd sinpul~r th~ pi~nciosl and i~tN~st and th~ vWious ~nd wndry wiru of mon~y payaW~ bp virtw of s~id praniuory noM. •snd thM ~
mortyap~, wch ~nd ~wry. PromWN on tFr Mys rNp~ctiwly tlw wr~ srwr~lly b~com~ dw. '
d
Z To pnr aN and sinpul~r th~ t~:~s. ~swsur~+fs, levies, liabiliriss, oblipatioeu and ~ncumbr~ncss of a+?s~y nstwt and kind rww on s~id d~wlb~d '
Pr~Y• a Nu~ hK~~i»r rt~r b~ irnpowd, wHer~d. Placed• tr~:ed, a ~wes~ed rhenon, a thn hK~aftK m~y b~ Isvi~d ar ~d upon thM JlAort¢ ~
~ .Q~, a ~h.~ Md~bt~a Mcw.d her.by, a~A and .vKy, vrMn due ~nd paY+~. ~ao.dinp ~o Mw, befon tFwy bacoen~ delM+qwnt. ~nd Miat anr 6a~nN ?
an~th~s a~ any p~naNy b kKwred; AND INSOFAR AS MIY THEREOF IS Of RKORD THE SAJME ~NAII SE VRONIPitY 5/!TlSFIfD At~C OISCiIAR(3ED Of
RECORD ANO THE ORiGIN/LL OffIC1Al DOCii?AENT (StKH /.S, fOR lNSTANCE, THE TAX RKEIPT OR THE 5A?fSFA~710N YAPf~ OFfICIALIY ENDORSEO !
OR CERTIFIEO) 511Ait dE ~IACEC IN THE MANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYNIENT; ~nd in tiw w~M th~t ~np thK~of ir no1
paid, sat'ifi~d ~nd d'ndurp~d s+:d MORIGAGEE m~y a~ any tp+~ pay th~ ~ o? ~ny p~n the~eof without w~ivinq or a4f~etinQ aeyr option, li~n, ~q~ify or
•ipM ~x+dN or by vwhr~ of ti~Fs mwty~~ ~nd tM tvll amo~:nt of e~ch ~nd ~very sucA p~Yment ~hatl b~ immediatelY dw a~di psyabb u+d ~haN b~M kN~rMl '
~-om th~ daq tiwreof until paid ra~ of n:ne pe~ :entvm per ~~.rwen a+d roqe+her w:~h wch ~ ~te~est shdl be secyr~d by N+o li~n of Ih's maqtap~• ~