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THIS INDENTURE. l.1~da ~hc-~~tl___--- day of A.D. 19_~~, belwecn
_ ~~~~~t~ntatk_Construction_Coatpany.~__Iricorporated~_a Flarida Carporatior
Of ____~t~_j3,1C;.B__ County florda, hera~naft~r dtsy~~.~t~~.i ,s ~he 'Y.10RiG~GOR," and FIRST fEDERAI Sl1VING5 AND IC~AN
ASSOC[ATION OF iORT PIERCE, a corporatlon orya~tized and ex~s~icg u~td~a th~ I:r.vs nf the Un~t~d StatQS of America and h~viny its principal pltte of
business in the City of Fort Pierca, St. lucie County, Florida, hrre;nat~rr drsigr~areJ as ~he "A10RiGAGEE."
VYHEkEAS the MpRiGf1GOR is justly indebteJ to tha h50RTGAGEE in t~~a s~~•~~ ot S 24~Q~~~___~___~_., gJOCI Jr.cl Id.a~ul moncy of the Un~ted
Stafes advanced by ~hu ?::ORiGAGEE unto the .ti10kTt3AGOR, as c.~~icnc~d 'uy a curta r~ ~:romissory nole ef r.rn data herar:ith, of wh:ch thc following~in
words and figures is a iruc copy, to-..;r. .
S.-~4.~QQ4~___ • - r~o 10021334
Fort Pierte, FIo~iJa. ~_8 ~ 19 7S
For va!~a rrceived, 1, ~~~r or either of us. ~~~om~s~ to pay, ~v~thou~ d~.~a'c:~t~o~., ta ~1:.• orde; oi FIRS~ FEDERAL SAVI(`G$ ~1ND LOA~~ l~SSOCIATION OF
FORT P~ERCE at Fo~t P~r:te. Floricia, ihe s~~.n oi 524 ~~~1_~-_----- '.tiit}~ •ttest iro•~i ~l~,c at !hc ~ate of _.8!75o pcr ann~~m, in ~no~ilhly initail-
ments as fo!!ows: 5-198-~~. on the _?Oth day of AUgiU$t , 1:~ 75 _ anJ a I;ke sum on tha corresp.nd~ng day oi e~ch meMh there-
~ aftcr until the ~ihole L•e fuily pa~d. _
Each +ns~altment lirst shafl 6> appficd in ~~ayment of tha intrrest and then en !f~e ur.,~.i~d I~alance of the princ~pat sum. If defau!t is made in the
payment of any insta~ln:en~ when d~e, and suci~ d_fau~r ccn~~n~~rs 30 days, then at ihe c;:tion of the hofder, and without an/ other no~ice, all the ~emaining
_ instol!n:ents shai! be due ar.J p~yab'e at ence. Privil~g_ is yiven to prepay this note in ~vhole or in parf at any t~me ~vithoul penally. Neither (orebearantd, -
r.or a~ceptar.ce by the ho;d:r there~f aiter any dei,irli L~ any psy~mrnfs her~o~~, sha!! be d~emed exiension. A late paymenf charge of $__Q.a.QQ_, shall be ~
~ added to uech ~nstal(:iien! ~emaining unpa:d 7 d.>yi o(~ar its due djte, and a I:r.e sum si::,U ba ad~ed to each wch installme~~t remaining unpa~d 7 days after
each succred~ng payrt:ent d~te. .
Each maker, surety anJ en:iorser harcof, jeintiy a~:d severally, wa:ves <tr~na~:l, pr;santinent protest and rtoticr of protest for nOnpayme~it, ar~d furlher
agrees to any eztens~on of t;me of p;,ymerv, e~ih:r i;_•4ora u~ :,ftar r.:a~u~it~, ~vi+hout n:,t'cv to any of ~s; .and to-pay a11 costs oi co!lection, indud:ng a
. reasenable -atrorn:~y's fea in the event of eny d~~fault hereu!!dc-r, ar:d he~eb~ se.•~-aliy K'JtvES ali benef~t of homestead and exerc~ption under the tondtitution
and ij~~s of each Sr~~e vt ~ha U~e:ted St~~as, .:z aya;~isl ti~is ci,i~ga~ion or any ett~ns~en or renevial hereof. '
' - w~r~~ess tne hand and se3~ o< <azt, H~~ty. BENCHMARIC. STRUC.TI ~?1PAAIYy I RPORATSD .
. ~ ~ . i ~ (SEAIf .
Corporate seal affixed BY s ~ ~ ~ . . ` ~sea~~
_ ~ , fi.~..~ ~r~ - csEA~~
ATTBST s s/~`i. S~ Hu_ tchin~ee~ -SeCrB~~~Cjt--- (sEA~)
~=~36~~ __Z State .°.evenue - ~ ~ • , ,
~fssic~+.a+A.a+t~i.~.c«lirwi.ao+~ ~
t~IO'~+V, TNEREFORE, thc A1~RT^vAGOR for thc purpose of secw~ng F~ym~n! of said sum of S~Q~~~ and the performance 1`} tha
covenanis and agreements he~eln~frer expressed, anJ for divers g:od and va1~3b!e cor,s~d~rations, by these presents, dces gcant, baryaiq sell, remise,
release, convey an~' coniinn unto the :,!CRTGAGEE, its successors ar.d 3ssi3n:, a;l Inat ce:tain lot, piece or pertel of IanJ, situate, lying, and being in the
County of ~___s~~`~.1~G..~____- and 5late of F!oridb, de~cribed as collows: - '
The iVorth 16.66 feet of- Lot 32~ all of Lot 33, and the Soltth lfi.66 fett of Lut 34~ -
Alock 46~ SAN LUCIE PLAZA SLIBDIVISION, iRVTT 1~ as per plat thereof on file in Plat .
Book 5, Page 57~ of the Public Records-of St. Lucie Caunty~ Florida~ ~
. . . . . . - 8 ' 7v'~ -D ~IS~ 'D DO~~
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. ' ~ QN CtqSS ~C IN7AryG 8f LE'PEHAYNr~~ Oh f1~
- PU~St1ANT 10 CHAPiER 71-13.t, !1~ pR~j~?
AC1S Qf lylj, s
~LERX CIRCUIT (~OU~ j~'r cy
_ - _ _ , ST. ~UCIE C,p ~ /J
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together w;fh aii and s:ngufar t?~= tenemer.ts, hered~t~ments and appurtances thereunto be!onging or in anywise appertaining thereto, and aU reNs, issues,
. proteeds and prolits accruing and to eccrue from said prenises, a11 of which are ir.cluded in the above and foregoing description and habendum.
, TO HAVE AtyD TO HOID the above described and granted premises ~nto the said ~AORTGAGEE, it: successors and assigns forever. And the uid
- 1450RTGAGOR for heirs, executors, admin]strators and assigns, hereby covenants with the said MORTGAGEE, its svccessors and assign~,
that - it 13 lawiully seiied of the said premises in iee simple; that the same are free, clear and discharged from all liens and encum-
b±ances in la.v or in equity, and that it _ will an~ it8 heirs shall warrant and defend the titla to the same to the said -
INORTGAGEE, its successors and assigns, forever against the lawful cla:ms and demands of all persons; - -
PROVIDED, ALY~AYS that if the MORTGAGOR shall pay unto fhe ~.10RTGAGEE the promissory note hereinbefore described and shall iruly, prempfly ~
and fu+!y perform, discharge, execute, co~ip!ele, comply with and ab:de by each and every the slipulation~, agreemeNS, conditions and covenants of ~aid '
promiasory note and of th]s M~r~gage, lhen th~s hlortgage and the Es~ate hereby created shall tease and be nul) and void.
IT IS UNDERSTpOD Ihat the wcrd "Morigagor" whether in the sinyular or plural anywhere in this Mortgage, shall be singular if one only and q-t'"y
shal) be plural jointly and aeverall~ if more than one, ar.d that the v~ord "their" as used anywhere in this Morlgage shall be taken to mean "his;' "hers,"
or `'its," v.herever the cor.texi •so impGes or adm~ts. Also, that wherever ~here 7s a reterence in the covenaMS and agreemenfs herein contained to any of - w
- the parlies hereto, the same shall be construed ro mean as vvell as the heirs, legal representatives, successors and assigns (either voluntary L~ act of the
4 ptrties or involuntary. by operafion of Ihe law) of Ihe same and that the covenants herein contained shall bind and the benefits and advaMages inure
to the respective heirs, legal representafives, successors and asrgns of the parties hereta _
i - And said l~tortgagors, for themselves and their heirs, legal representatives, svccessors and assigns, hereby joiroly and severally covenant and agree
~ to and with 1he said MORiGAGEE, its successors a~d assigns: - ~
i 1. To pay al( and sir.gvlar the principal and interest and the varic~s and sundry svms of money payable by virtue of said promissory note, and this ~ ,
mortgage, each and every, promptly on the days respeciively the came sevetally become due.
2. To pay all and s;ngular the taxex, assessments, tevies, liabilities, dbligations and enc~mbrances of every neture and kind now on said deicribed ~
property, or that hereafter may be imposed, suffered, placed, levied, or assessed thereon, or that hereafter may be levied or asse:sed upon this Mortg-
age, or the indebtedness secured hereby, each and every, when due and payable, accordirtg to law, before they become delinquent, and befo~e any interest
altethes. or any penalty is incurred; AND IVSOFAR AS ANY THEREOF I$ OF RECORD THE SAME SHAtI BE PROMPiIY SATISFIED AND DISCHARGED GF
RfCORD ANO TNE ORIGtNAI OFFIGIAI COCU1hENT ISUCH AS, fOR tNSTANfE, iHE 1AX RECEIPT OR THE SATISFACTION PAPER OFFICIRIIY ENDORSED
OR CERTIFIFO) SIiA!t BP PLA:.ED IN THE HANUS OF SAtD 1.10RTGAGEE WITHIN TEtJ DAYS N~XT AFTER PAYMENT; and in the event that a~y thereof is not
~ peid, sat'siied and discharg>d :a'd ~.1QRTGAGEE may a! any time pay the same or any part thereof without waiving or affecting any option, lien, equity ot _
•iqht vnde? or by virtve of this rno~~gage ar.d the fu~l arnovnt of`each and every such payment shall be immediately d~e and payable and shall bear in!erest
kom the date thereof vntit pa:d at rale of n:ne per cen~um per annum and logether w;th such interest shall be secured by the (ien of th's morgtage.