HomeMy WebLinkAbout0418 - : ~ . ~ _ _ . , ~ . .
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'r 23rd ~11ay r • i
IHIS INDENTURE. Made Ihe dey~of ~ A.O. 14 '-5-- between
~ Millard Corporation-, ~
?lorida Corpor2~tion
St. I.ucie
of Covnty _floride, herefnafter desk~natc~ as the "A10RTGAGOR," and FIRSi fEDERAI SAVINGS AND tOAN
ASSOCIAl10N ne FORT PIERCE, w co~po?ation o~qanized a~d existing ~~de~ the laws of the United S~atos of Amer(cs and heving iti principal plue of
busines• in the C;ty of Fart Pierce, St. Lude Gounty, Florida, hereina(ter des(~nnted as the "MbRTGAGEE: `
WHEREAS Ihe MORTGAGOR is j~atly indeb~ed ~u tha 410RTCAGEE tn 1hs sum of ; 9O ~ OOO • $o~ r~d lawful money oi ihs United
States advanced by the h10RTGAGEE unto the MORTGAGOR, as evidenced by a certain promissory ncte ot even dete harewith, of wh~ch tha following (n
w a ur a irue copy, to-wit: ~o llOd0317
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~ . ' fort Pierce, Fiorlde, _ M`~y ~ 3~ 19 7 S
For value received, we or either of us, promise to pny, without defalca?ioii, to iLe order of f1RST ff9ERAL SAVInGS AND LOAN ASSOCIATION OF
FORT PIERCE at Fort Pierce, floridr, the s~m of S 9O •~Q~ • w~tl+ intcrest from date al ihe rota of 9.% per annum, in mo~thiy insiall•
_ men+s as (ollown: S913• on +he 20~~h day of !7u1~.- 1975 and a like sum on the tqr~espo~ioa day of each mo~ih there- •
a(~e~ until the whole be rvity pa~d. ~
" fach instai;ment first-shall ba applied in pny:nent of Ihe interest and :hen or. the unpa~d balance of the princ~f~ai sum. If. defaulf is made tn the
_ payment of any ins1a11men± when due, and svch default tontinues 3~ oays, then at the option of tlie holder, ane~ withaut any other notice, all the temaining
installments shall 68 due and payable at once. P~ivilega is given to prepay fhi~ ~ate in wFwlt or (n parf at any fime withovt pa~alty. Neiiher fwebearonce,
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~ nor acteptante by the holdzr thereof after any ~efault in any payments hereon, sk~tl be dzemed extensiai. A late paymeni charge of S shall be
added to each instal}ment ren~aini:~g ~npa:d 7 days after its due date, and a like sum ehall be adcied to each such installme~t remainrng unpaid 7 days afttr :
each succeeding- paym:ni date. ' _ . - • -
Eacfi maker, surely and endorser htre~f, jcintty and severally, waives demand, presentment protest and notice oi protett fo~ nonpayment, and futther
agrees to any extensioR of ti~t~e of payment, eithar bafore or a(ter maturi!y, withoul nat~ce to any of us; and to pay al) tusis of Follection, lnduding a -
reasonable atforney's fee in the event of any default hereunder, and hereby severalty waives all benefif o( homestead and exemption undcr Ihe constitWion
and Iaws af each State ~f the Unitect States, as against this obligation or any extens~on or_ re~evial hereof. -
W~tness the hand and seal of each parry. -I4IILLARD CORP~DRATI~N ,
' ~ BY: Frank M: B~vmond, Jr• • (SEAI) .
Corporate ~eal affixed _ _ • , . ~ -Pr~sident cseAi~
. ~ (s~?~)
- $135 . 00 _ . ~ ~s~ .
( State Revenue - - • • .
(ifi~d~ID~CdG3Ailid}i~?CJdd~2'7da[D~ ' ' _ • . ' . . ~
f 90:~~•0O and the rfomance of the
NO`N, THERffQRE, the MnRTG/{GOR for the purpose of sec~ring paymenf of said svm of $ P~
tovenan~s and agreemenls hereinafter_expressed, and for divers good and valuable considerolivne, by these presents, does granl, baryafn, sell, ~emise, .
release, convey and confirm ~nto the MORTGAG`_E, its successors a~d assigns, ail that certai~ loT, piece or partel of land, situat~, (ying, and being in ths
Counry of ~ St-. ''tlCle - - and Sfz~e ot F{orida, destr]bed ai foliowi: ~ - _ ~
~ Lots 32,33 and 34, Block ~b, Revised Diap of F~r~ Pierce
- Beach Subd~.vision according to Plat ~thereof fi~ed in Plat Bock 8, Pag~ 29
_ o~f the Public Records of_ St. _Lucie County, ~lorida. - - -
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~ - _ _ R6CEI'iIED B a(/ ~ -
- Dt~ ON Ik PAYIIEPR OF TAXE3
_ . P8RSl1A!(T- ~p ,C' (M'fAl~6i8lE I'ERSCNAL P.?0?ER 1 r,
_ . . C~iAPTER 71-134.-ACTS OF lbll~ -
- - R06£R RORRA,S /~s~
~ _ - G.~RK ClRqll7 CUURT, ST. LUC~E CO., ftA
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tcgethe~ with all and singular the tenements, ?roreditaments and appvrlances therevnto belonging or in anywise appertaining thereto, and all rents, iuves,
~ prxeeds and profits accr~ing and to accrua from said premises, all of which are included in fhe abovr and foregan9 description end h:bendum.
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TO HAVE A~lD T(l~ HO!.D the above desv~bed and grrrtted premists vnto the said MORYGAGEE; ib successc+rs and sasigns forever. And tl+s s+id
t- MORTGAGQR fpr - lt " S ~~~~s, executors, administrators_ and auigns, hereby covenants with the said MORiGAGEf, ita svcteuon and slsiptu,
j ihat --1 t 1 S~ _ ~aN,fully seize~ of the said premises iq fe~ simpte; that ihe same are free, ctear and diul?brged from •11 Ikns and ~ncvm-
~ brances in law or in equity, and that 1't - wifl an~ l~ ' S- heirs shap wsrrant-and defe~d the title to the sarr.~ to the said
- MORTGAGEE, ifs succeisors anc! assigna: forever against thc (awfv) tlaims and demands of all persom; -
- pROYIDED, ALY~AYS tha: if t:x MORTGAGOR shati pay unt~ the MORTGAGEE the p~omissory ssote hereinc5efore described and shall tralr, promptly
and fully perform, dtschs:ge, execvte, completr, com,~ly with and ebide by each and every tbr stipulations, sgreements, conditions and tovenanri of said
~ promi!sory note and of this IAortgage, then this Mortgage and the Estate hereby created sha1F cease and be noll artd void. _
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- IT IS U~IDERSTOOD that the word "Mortgagor" wheth~r in the s7ngutar or -plvrel anyw~re in th~s Mortgage, shall be airgular +f` one oniy snd
f~ ~ shatl te pfurol joiotly artd uverolly .f more than one, and that the word "tlieir" as vsed anywhera in thi: Mortgaye sh~ll be t~ken to mean "his;' "hen,"
or "its;' wherever the context io implies or admits. Also, that wherever there is a reference in the covr:iants snd ~greemenn F~erein contsirxd to sr.y of
F the parties htreto, the ssrrte shall be constrvrd to mesn ai we:l a: the hein, legal teµrasentativet, t~;ccessors and ss~igr.s {Either volunt~ry by act of .1tn ~
- partiei or invotur.tary by aperateon of the Irn) of the same and that tke covEnants herein conisirxd tfiall bind and the bensfits and adwnta~sa tnut~ ~
' to the ?enpetfive heirs, :egal ropresentatives, wtteuors and au~g~ss of the osrtin he~eio.
- - And said Mortghgors, fw themselves and their hein, les~al rcpresentntives, svctessas and suyes, her~by iointiy and se~erally covenant and ~ree a
to and witfi the said MORTGAGEE, its successws snd assiyns: . `
i - 1. To pby all and sir.gular the principal and interest and the veriovs and wrt~ry su:ns of money payabk F+y vtrtve of said promissory rwte, and thh
mongafle, each and every, prompt7y an tfie dsys tespedivtty the same severaily btcome d~e. -
; 2: To pay all and singvlar tF?t taxes, essestmenb, levies, IisbifiYus, obligatioru srx! e:rcvmbrsnc8s of evtry nefvre :nd kind norv on ssid descriDed
+ properry, o? th~t hereafter may be +rt:posed, sufferrd, Flaced, levied, or ssscsud thereon, w that hereafttr msy bs levieri or +~ssets~tJ vpo~ fhjt Matg- ~
sge, or the i.~debfednes: secvred hereby, ea:h snd e•:ery. +vhen doe ar.d pay+ble, accordirx3 to law, befare ther bscome delinqueM, srsd befon ~ny trtl~tes~
atlaches or any pena(ry is ir~n:rred; AND lNSOFAR AS-,4NY THERE0~15 OF RKORD 7H: SI.ME SHAtI BE PftOMPTtY SATISFIEO A~iU DISCl1ARGED Of
RECORD RND THE ORIGtNAL OfFICIAl. DOCUMENT (SUCFS AS, fOR It~51AhCE, THE TAX REGEIPT OR THE SA115fACT10N PAPER OfFICIAICY END~R;~O
OR CEStiIf1E0) SHAII BE PIACED IN THE HANDS Of SAID lV~ORTGAGFE WITHIN TEN ~AYS NEXT AF'fER PAY~AENT; snd in the evcnt t}sat sny thereaf is not _
paid, saYsfied and discharged sa'd MORTGAGEE may at s~y tirr.e pa/ the same or any pari thetsof wifirwt_wsiving or affettiny any optic+n, liety aquify or -
- .iyht under w by vertve of this mo?tgsge ar.d-ttie full amount of each an~ every sech payrr.ent, shall tx immediately dve and psy~ble and shall bFar inlKett
?•an the date tFxreof vntil paid at rate of nino per centum per annvm arid togeiher with sLCh interest shall be secured by tF:e lien of th:s mw9f~qt.
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