HomeMy WebLinkAbout0973 . 3 "491 ~
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THIS INDENTURE, Mad~ tl» lbth day oi ~y . A.O. 197_ 7. bNw~?
t1ARRIS CONS?RUCTION OORPORATION, a Florida Corpozation
of ~ Counry Florida, hK~in~f1N dNl~n~~ed +s ~M "MORTGAGOR," and fIRST FE~ERAI SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCE, ~ co~pwation wp~nis~d +nd ~xistinp w~ tM lavvi of tlw Unit~d Sl~~~s of M»riu ~nd h~vinp It~ printipd plac~ of
busiMSS M tM City of fat PiKU, SI. l~ci~ Cou~ry, Florida, her~inaht~ d~apn~t~d +a tht "MORTGAGEE:'
WHEREAS ti?~ MORTGAGOR b jusHy ind~bt~d to th~ MORTGAGEE in tM ium oi = 13 ~ 400 ~~,Nful money of th~ Un1~ed
S~atts ~dv~nt~d by 1M MORTGAGEE unto tM MORTGAGOR, si evid~nc~d by • c~rtain promiuoay note of evee da~e htrewith, of which tM followinp in
word~ ~nd f1pwN b~ uw copy, to-wit:
13~400.00 No01-23011446 _
s- MaY 16. _ i9_~
Fat Pie~ct, flo~id~,
Fw valw ncaved, I, we, a e~ther of us, prom~se t pa it t defalcalion, to the wder of FIRST FEDERAI SAVINGS ANO IOAN ASSOC~ATION
Of fORT PIERCE at Fort Pi~rce. ftaida. the sum of S-_l~ ~~0~•~" with tnterest irom date +t the r~M of -8 • 5 96 ptr annum. in
monthly initdlments as follows: i__ 117• ~ on ~he 10~h day of ~Pt@0~@! , 19 77 +nd + lik~ sum on .
rhe co~respond~ng day of esch month ~hereaf~a unril ~M whole be fully paid.
Each enitallme~+t ~irst sF~all be applied in payment of the int~reu and then a+ ~he u^P+~t! b+~a^ce oi tM prindp~l sum. If deiault is made
~n the p~Yment of any init~liment when due, a~d such deiault continue~ 30 days. tfie++ ~t the option of the holder, a~d witF?o~t ~~y other notice.
all the remain'K?g insqltments shall be due and payable at once. Privileqe is ~iv~n to prepay this note in whois w in ps~t N a~y time without
penalty. Neither fabesrance nor accepf~nce by the holder therwf ~ftN any d~fault in anY paYment herea+. sl~all be deemed eaten~an. A late
payment charge of i shall be asseued ths 26th d~y of tM ma+~h, if a re9ulsr buiinest daY. o~. if not a ~egulsr buiineu day.
rhen rhe ne:t busincu day, on each monthty installmenr not then nceived.
Each maker, surery and endwset htreof, jointly and uverally, wsive~ dem~nd, preuntment protest and notiae of prorest fw nonpaymMt, and
further a9rces to aoy extsnsion of time of payment, cither before or aher m+turity, without notice ~o ~ny of us; +r~d to pay all toan of c~.lkction,
~ncluding + reawnable attomey's fee i~ the event of any default hereunder, and ~ereby s~ve~a11Y w+ives all benefit of i~omest~ad and exemption under
rhe mnstitution and I~ws of eath State of ths United St~tes, aa ~painst this obliyation or ~ny eatansan w rsnew~l FKreof.
HARRIS CONS?R[ICTION CORPORATION
Corporate Soal Ltfi~ted gy; ~ Hazel J. Harris~ PresidvnS cs~?~~
tsen~)
Stete documentary stamps i~ ths amount •
A?TBSTt s/ Frauk~,in A•. Hsrrisi Sact~t~~t~
of = 20.10
affixed to tht mortpp~ a~tund Mr~by-
13 +~00 00
NOW, THEREFORE, tht MORTGAGOR for the purposs of ~ecvrinp p~ymtnt of said sum of = ~ • . ~nd th~ pNfonMnc~ of tM
cavenanq ~nd s9reementi hereinafter expreued. end for div~rs pood a+d v~lwbb c~onsida~tions, by thes~ p~eseMS. do~~ qrant. barp~in, sell, rtmiss,
releas~, conwr and confirm unro tiw MORTGAGEE. its succeswrs and assi~nt, ~II tM~ certaFn lot. pi~ct a pual of land, sitwt~, lyinp, ~nd beinp 6+ th~
Covnty of SL. LNC~e ~nd Stat~ of Fbrida, d~wib~d ~s follows:
r„ A put of tha North 82 feet of the East 1/2 of Lot 7~ Block
3, JBLLISON'S SUBDIVISION, as recordad in Plat Book 4~ paqe
3?, St. Lucie County, Florida~ being ~ore particularly deseribed
~ Q~~ as follows: Rroa tbe Noztheast cornez ot said Lot 7, sun
N~ South 37.0 fQet to the point of beginninq, thence continue Soutb
~ ~ t 45 feet, thence run West 147.5 feet, theace tun North 31.8 ~
eet,
thence run 6asterly 147.25 feet to the Point of beginniag.
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~ :~a~~' { SUBJTsCT to that certain Declaration of Party acilitiss dated t~sY 1?
.
~ f. ~ 1977, recozded in Off icial Records Book?~ jp _ at page ?_~~of the
' Public Records of St. Lucie County, Rlor~da.
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By agreeaent of Mortgagor and Mortgagee on file with Moztgagee,
the withfn aortgaye secures not only an existing indebtadness, but also
~ ~ ( Z
AOVANCfiS to be I~RBAFT6R aade by Mortgaqes to Mortgagoz the a99regate
-;~.,t;ii of Mhicb will Qqual the pzincipal as~unt specified in the pro=issory
not~ secured hereby.
~ { ~ ~
J RECEIVm IN PAYMEI~IT pF TAXQ .
. ~`1: ~UE OM CIASS 'C' INTAtIG1El_E o~••
_ . _ : ~ PURSWNi TO CFf~^: s^ ~ ?ro°ER1Y,
71-I q;,~S UF ly/l.
~ER POIiRAS -
~ CLERX CIIiq1R CWRT. Si. WCIE
0~~ ~`~U,~/
rogether with all and sirg~lar tM tenements, hereditaments and appwtsnces th~reunfo b~lagirg a in ~nywis~ ~ppKt~inirq thNNo, and alt nnts, iswa,
proceeds ~d profit~ acuuiny ai+d to acuus from s+id premiss~. ~11 of which are included in the abov~ ~~d forpoiny d~aniption and hab~ndwn.
TO HAVE AND TO HOID the above described ~nd y.+nted premises unto ths saW MORTGAGEE, in succestior~ and auip~s forw~r• A++d th~ s+id
MORTGAGOR for lts hein, ~xacvtas, admi~istratws and assipro, hereby covenanri with the said 1NORTGAGEE, its sixcesso?s ~nd astbrw.
that - lt 1S I~wfully seized qf ths said prem~ses in fe~ simple: that tF?e sam~ ~r~ fres, cksr ud dixhu~ed from all li~ns and ~ncwn-
~:ran,es in law w in equity, and that lt will and lt5 hein shafl warrsnt and defend the ti1M to the sam~ to th~ a+ld
htORTGAGEE, its sucuswrs u+d augns, forever ay+u+st tF+s I~wful ctaims and dtmands of ~II per~orn:
= PROVIDED, ALWAYS th~t if th~ lIAORiGAGOR ihall pay vnto ti~s MORTGAGEE the promissay no~~ her~inbefon dewiMd and shdl ttuly, prwnptly
a~d fully p~rfwm, disch+rp~, ex~cute, compl~te, comply with and ab'rb by exh and ~very tFw ttip~lations, ayreemants, oo~ditiaa ~nd oovenanb of uid ~
promissOry no» and of this Mortpap~, than this Mortya~e ~nd tl» Estate hertby a~at~d shall ua~ and be rwll ~nd void. ~
~ IT IS UNDERSTOOD that the word "Mat9apw" whether in tFw singvlar or plur~l ~ywMre in tF~is Mwt9pt, shall b~ sinpvlx if an only and S
•hall b~ plw~l joiMly and fwerally if mon tha~ ons, ae+d that the word "their" as used snywher~ in this Monsap~ sh~ll be tsken to mean "his.•• •'hws; • 3
~ or "its;' wher~v~r the context w implies or admits. Also, tMt wF~ever there i~ • rtferente in tM toven~nts ~nd apr~trnet?ri hertin oonfain~d fo any of ;
~ rhe partia hereto, th~ ssrn~ ~hall b~ cautrued to me~n ss w~0 as tM hein. Ip~l npresentative~, sucusso?s +nd assipm (~ilher volunury by ~ct of tM aa 7
par~ies w invotunt~ry by opaatio~ of th~ I~w) of th~ same snd that the ooven+nn h~rein co~tairwd sh+ll bind and th~ bentfiq ~nd adv~nN~es Inw~ ~~p ~
ro rhe reap~ctiw h~in, lep~l repr~sentatiws. ~uccesson and au'ynt of th~ parties h~reto•
~ Md ~aid Morty~ws, fa thtms~lva and tMir hein, lepal reprtsentatives, sva~ssors uK! auipiu, hereby jointly ~nd wv~rdly covenant ard apr~e ~
rc end with th~ ssid MORTGAGEE, in s~cc~s~as ~nd auiyns:
1. To pay ~II aed sinpvlar Nw prindpal and interest and the wrian ~nd sundry wms of mooey paYabl~ by virtw of said promissory not~. ~nd tha
mortgaQe, ~ach and ~wry, p~anptty on tht days respectively tbe same uwrally becom~ dw. ~ .
W 2. To p~y all ~nd sirgula tM t~xas. ~ssessmenb. Iwies, liabilitiss, obliyatioro and encwnbrar~ of ~vsry n~twe and kind now on said d~scrR~d
a~opsrtY, a that F~eaft~r may be impos~d, wffKed. P~+ctd• kvwd, a aswswd tMnon. a th+t hert~hK may b~ I~vi~d a ass~swd upon tl~is Mat¢
aqe, or th~ b~d~bt~dness ua+r~d her~by, exh and wery. wMn dw ~nd p~yabl~, aawdinp to law. Mfor. rher become ddinquent, and b~for~ ahr Imaest ~
attaches O/ ally PtMHy tf IfKUffQd; AND INSOFAR AS ANY THEREOf IS OF RKORD TME SAME SHAII 6E PROMPTLY SATISf1E0 AND DISCHARGED Of ~
RECORD AND THE ORIGINAL OffIC1Al DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFAC710N PMER OFFICIALIY ENDORSEO
OR CERTIFIED) SHALL SE Pl/1CE0 IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AF7ER PAYMEN7; and in the ever?t that a?y tMnof is no1
paid, sat'sfiwd u~d d~schary~d ss:d MORTGAGEE may at any t~me p~y tFw ~ame w any pan thereof without waivir?p or affectirq u~y optan, li~e, ~qviry a
~~aht vnde? w by v'atw of this mortpap~ and the fvll ~mo~nt of each and every such payment shall be immediately due a++d pay+ble and shall bear interest
~•om tir dat~ tMr~of until paid at rate of niM p!~ CCr1fWn pt~ ~~M?m 10~lthlr w~th s~ch intaes~ shsll be secured by tl?~ lien of th:a mw~i+yt.