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HomeMy WebLinkAbout0560 368261 ~ ~ ~ THIS INCENTURE, Mad~ tl~~ 1 f L ~y of SIU11e ~ A.O. 19~2.. b~tw~~n Yorktown Construction Coroozation~ a F1Qrids Cer~+ratinn a{ St. 1.UC~~ ,~p~~~y F~a~, ~~~ftN dasign~?ed ~t tM "MORTGAGOR," ~nd fIRST FE~ERAI SAVINGS AND IOAN AS30CIA?ION Of FORT VIERCE, • capaatton wpani:~d ~nd •:i~~inp ur?d~. tM Iawe of ~M Unit~d 5~~~~s of Am~riu and Mvinp i» principal pl~u of bwiMS~ in ~1?~ City d fwt PiKU, St. l~ti~ Covnty, ftaid~, Mreinaft~? dnipn~t~d as tl?~ "MORiGAGEE." WHEREAS tM MORTGAGOR h jwtly ind~bt~d ro th~ MORTGAGEE i~ tM sum oi i g~•~~~~ pood ~nd lawful ma+~y of tM U~it~d Sta1~s adv~nc~d by tM MORTGAGEE ~NO fM'MORTGAGOR, as ~vid~nced by • ce~fain promiuory oot~ of even date Mrewi~h, oi which 1M (ollowi~p in wotth ~nd fipwp b a trw copY. to-wit: . s _~O,ooo.oo _ N, oa-23012a85 F«+ Pie~c.. F~a~d.. _ June 1 , ~y 77 Fp v~lw retaved, 1, w~, w e~lher of us, prom~se ~o y, wi~hout defelcation, to 1he ade~ of FIRST fEDERAI SNVINGS AND IOAN ASSOC~ATION OF fORT PIERCE at Fort Pi~rts, F{orida, Ifi~ tium of 5~!~~•~ wi?h int~retit from dNe ~t fM rat~ of 8•5 7fi per annum, in monthly installme~ts +i (dlows: 403•~ o~+ the 14ffi day of ~Q~e'~~'~ - 19_ZZ u+d a lik~ aum on ?he cor~espondinp day of esch moNA the.eaf~er until the whole be fully paid. E~ch installmMt fir~~ sMll be ~pplied in payrnem of the iroeres~ •nd tMn on the unpaid ba~ance of the p~incipal ium. I( defau~~ is made the payn+enr of any insl~llment whs~ due, and such de(au11 continues 30 d~ys, the~ ~t tM optio~ of tM holder, +nd without any otMr notic~, all the rem~ining inst~llme~ts shall be due and payable at once. Privileye is 9iver? to prepsy thii note in whole o~ in part et ~~y time without penalty. Neither fabearance. no~ +cceptarxe by the holder ~Mreof attN any d~fault in anY wymer~~ F+ereon, shall be deemed exans;on. A la~e payment cfiarg~ of t • 1 S sMll be as~essed ~he 26th day of fM mon~A, if • re9ular butine~s day, w, if not a rpula? bviiness daY. rhen the n~xt busineu day, on each monthly inst~llmenl r?ot thM raceived. . Eath m~ker, surety and endasc~ hereof, joiroly and severally, waives demand, presentme~l protsft ~nd notia of prota+t fw nonpaYmero. +nd f~rthe~ agrees to a~y extensia+ of time of payment, enher befae or ~fter mawrity, without notice to any of us; and to p~y all cosb of colkction. including s reasonable attw~ey's fee in the event of any defau~t haev~er, and hereby sever~lly waivts dl b~nafit of hometttad ~nd exsmplion ur?de~ rhe oon~titutian and laws of each Sut~ of~ tM Uni~ed S~~ies, a: againit this obligation w any exlension o~ renew~l h~reof. YORKI~OWN OONSTRUCTION ODRPORA?ION Corporate Seal Affixed BYl~_~"~±srl'~e C P3 gn~tp~ Prati r~,o,~A~) State docume~tary stamps in tM amount ATTBSTss/ Betty Pignato, Secretaryt~~~ of S 7 5. 00 m affixed ro tM mwtp~ Ntund M?~by. ~ (~~1 NOW, iHEREFORE, ~M MORTGAGOR for tM purpw of secwlr~p payment of said sum of i ~~~O ~nd tM P~sfqmsnc~ of th~ covenanb ar?tI ~raemMq F1Nfilfi{fN t7IPt!liKJ, and f4i~ d:~r~ and vslwbl~ coroider~~i0ns, by th~ prtsa~», dws q~ant, bupsi.y ul1, remiss, retease, coe?wy and tonfirm unro tM MORTGAGEE, itt avcte and ~ui~ns, all that certain bt, pi~ce w pposl of land, situate, I~irg,, u~. btinp in fM ~W~~y ~ St. LuCi! and $tat~ of Flwida, dtsvib~d ~s idlows: . Lot 9, Block 253, PORT ST. 1.UCIE~ SFCTION 4~ accordin~ to the plat• ihereof on file in Plat Book 12~ Page 14~ Public Recorda of St. Lucie County, Flozida. By agreement of Mortgagor and Mortgagee on file ~?ith Mortgagee, the ~rithin mortc~age securea not only an exiating indebtedness~ but alao ADVANCES to be H6RE- AFTBR made b~~ Mortgagee to Mortgagor, the aggregate of which will equal the principal amount specified in the promissory note aecured hereby. i i ~ f ~ ~ ~f . dU1N PMfilf~ ` s N STATE ~F FLJF??r~fi I p~°c,us,ss~~~"s'"` o, UOCItMENTAF?"~=: S Tl~ M P~~;~ t j PlNtStl6Ni TO CIW~p ?1-134. ACTS i~~ ~ r ~ `T GE~'T..;F ;!EYENi1:-~` ' w BOC~ ~n ~ rQ •?UN-3~~~ w~~~ ~ ~ f O 0 ' yvrR~ Y.~~.{I~¦ `rWM•~ st. ~ ' ~ m - i; ~ i ••"~a ~ • O - '~y , • rocerher with all snd ~irgular tM t~narNnb, hcredif~menb w+d appurt~nus tMreuMO belaginp or in anywise appataininp therNo, u+d all renb, hwes. orocecds ud p~ofits acuuinq ~nd fo acwe from said premises, dl of which are inclvJed in tFr ~bo~w u~d for~poinp d~wlption ~nd h~b~ndwn. TO HAVE AND TO HOID tM above dexribed snd yranted p?emi~es u~to tM rak! MORTGAGEE, ib s~ccesson ~nd ~uiyru fatvu. Md th~ s+id f~tORTGAGOR for i t 8 I+ein. ~xec~ton, admi~isuaton a~d auigns, Mreby covsn+nb with tM ~aid MORTGAGEE, its wocpsors and assiprr, rher lawfully sei:ed of the said premises in fee simple; that th~ s+me us f~~, cleN ~nd dischar~ed from dl li~m and Mcv~ brances in I~w a in pvity, and tM~ it will and it S heiq shall warrant and defend th~ titlt fo tFM saen~ to the s~id MORTGAGEE. Iri s~custws u~d atsipns, forever aysintt tht lawfvl claims snd dem~nds of all persau: , PROVIDED, AlWAYS that if the MORTGAGOR ahall psy unto tha MORTGAGEE the promisswy nott her~inbefon describd arw! sMll truly, promptly a~d futly pNform, d~sclwr~, ~xecut~, compl~fe. canply w~th and abide by each snd every tM stipulnioro, pra~rtrnb, conditions ~nd covenann of s~id ; ~ promissWy not~ u~d of this Mortyape, t}wn thh Mwtyps and the Est~te hereby veated shall ua~ u~d b~ rwll and void. Op ~ IT IS UNOERSTOOD that the word "MwtQpoi" wM~her in tFw sirgular a plural a~ywhen in thu Mwtyay~, sF~all b~ sirgvl~r if on~ only u+d ~~b ~ •hall be plur~l jointly and stveralty if mor~ tMn one, and that the wwd "1heN" ~a wed ~nywh~r~ in this Mortyapt sMll b~ t~ke~ to rtwan "his,'• "I+sn•• or "~fs," wher~ve~ the conte:t w implies w sdmits. Also, that wh~r~ver there is a refcrer~ce in the covenanri ~nd aprsemenb h~r~ln contained to any of ~hr psrtie~ htnto, th~ ~arn~ ahall be conatrued to mean ~s well ~t the hein. 1ey~l rtpressntatiws, successon and assipro (~ithe~ volum~ry by act oi tM parries w krvdonury by operation of the bw) of the iame snd tMt ~h• covenann he.e~n coma~ned ~11 bi~d and tFw b.n.fin and adv.napes inun ; ~ ~o ehe r~sp~ctiw hein. Ip~l representatives, successon ~nd ~u~pn~ of the puti~s her~to. Md said Mwt9pa~, for them~e~~es and tMM heirs. Ipal rtprtsent~tive~. sucussors ~nd assipro, I+ertby iointly a~d seva~lly tov~nant ~nd apr~e ~ i fo and with tM wid MORTGAGEE, in wcceuors and ~ss~pin: s i 1. To par all and tinpvlar th~ pri~cip~l and im~rest a+d /M vuian and wndry wms of mo~~y p+Y~bb by virtw of ~aid promissory not~, and this ~ morrga9e. ~ach a~d wKy, promptly on tM d+y~ respectively tFw ~urw aev~rdly becane dw. ~ 2. To pay all and ~inpvl~r the taxes, assessmenb. I~,ri~s, tiabilities, oblipsNons snd ~ncwnbranas of every n+tw~ and kind now on said dNCrib~d prapsny, a tMt here+h~r may b~ impos~d, suff~red. pland, kvied, w aueued thsreon, or tMt h~rsaher m~y b~ levi~d a as~as~d upon tNs Morq~ age, w th~ M~deb~~dnes~ ~ecvnd Mreby, sacF~ and ~very, when d~re ~nd p~yabk, accordinp ro law, b~fw~ th~y becane d~linqwnt, and b~fon a~ry? int~nat a~raches a~ny per?+Ity is iexwred; AND INSOPAR AS ANY THEREOF IS Of RKORO THE SAME SHAII dE PROMPTIY SATISf1ED ANO DISCHARGEO OF RECORO AND THE ORIGINAL OFFICIAI OOCUMENT (SUCH A5, FOR INSTIINCE, THE TAX RECEIPT OR THE SATISfACT10N PMER OFFICIALLY ENOORSEO OR CERTIFIE~) SMAII 6E PIACED IN TME HANDS UF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and i~ the event tMt any tlwrwf b nw ~d:d, sat'sfied Md diui~a~yed ae~d MORTGAGff nsay ss any tim~ psy tfia ~arrK a any wn therwf wiri~ovt waivinp a~ffectinp ~rty option. lien, puity or ~~oht under w by virtw of this mo?tyaye a~d tlu fvll amount of each ~nd we+y iuch payment ihall b~ irunediately d~e ~nd payabl~ ~nd shall b~u i~terpt 6•em the dat~ thtreof until paid at r~te of nine per centum per ~nrwm a~d topNher with such internl shall be secured by th~ lien of th:s mwyta~. E _ _ ~ , : m' ~.;s_..c b`.~'....x K.-. r . ' : : . ? s'*;e-".:~ .1,_~ _ ~=u~¢_