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HomeMy WebLinkAbout1517~_ ~ 182215 THIS INDENTURE. Made the 1$th ~,y of August AA t9' 69 between Gary F. Bllwood and Janic@ F. B11NOOd. his wit@ of ~ • LuCi@ County Florida, hereinafter designabd as tM "MORTGAGOR;' and fIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corpsation organised and existing vrdtr tM laws of tM United States of America and Mving iri principal place of business M tM City of Fort Piero, St. Lucie County. fforida` hereinaNer designated u tM "MO6 T $~E'~ WHEREAS tM MORTGAGOR is jenty indebted ro tM MORTGAGEE In tM sum of ~ 1 f • good and lawful money of tM United Stateds~ advanced by tM MORTGAGEE unto tM MORTGAGOR, as widsnced by a certain promissory note of even date herewith, of which tM following in :or 16 fy~r,e_iF a trw copy. to-wit: ~ 1$,_888 (~ QQ ~ P~~ ~~ August .l$ 19 69 for value received, t, we or either of vs, promise to pay, without defalcation, ro tM order of FIRST FEDERAL SAVINGS AND LOAN ASS6CIKT10N OF FORT PIERCE at fort Pierce, Florida, tM wm of = 16 s $~• ~ -with imerest from date at tM rate of7.7$ 9L per annum, in monthly instal4 menu as follows: f 12$•00 on tM Sth day of OCtOb@r 19 69 and a like sum on tM corresponding day of each month there- after until tM whole be fvlFy paid. Each intallment first sMll be applied in payment of tM interest and then on tM wepaid balance of tM principal suee). If default b made in tM payment of any installment when due, and such defauh continues 30 days, then at tM opYan of tM holder, and without any other entice, all tM remaining installment shall be due and payable at once. Privilege is given to prepay the rate in whop or in part at any time without penalty. Neither forebearance, no. saeptarece by tM holder thereof after any default in any payments Mrewn, atoll be deemed extension. A late payment charge of •>b 25 ,shall be added to each intallment remaining unpaid 7 days after iri due date, and a like sum atoll be added to each such installment rerr-ainireg unpaid 7 days after each succeeding payment date. Each maker, surety and endorser hereof, jointly end severally, waives demand, presentment protest and notice of protest fa nonpayment, and furlMr agrees ro any extension of time of payment, either before a after maturity, without notice to any of vs; and to pay all costs of collection, including a reasonable attorney i fee in tM event of any default hereunder, and Mreby sewrally waives all benefit of homestead and exemption under tM oor-stitvtion and laws of each State of 1M United States, as against this obligation or any extension a renewal Mreof. Witness tM Mnd and seal of each party. /s/ Gary F. Bllxood REAL) REwu /s/ Janice F. Bllwood REAy ,~~ r 24.75 i Stab Rsvenere (Stamps eaneulled on original note) 16 500 00 NOW, THEREFORE, tM MORTGAGOR for tM purpose of securing payment of said wm of S ~ and tM performance of tM covenant end agreements Mrtireafter expressed, and fa diwn good and valwble consideratans, by tMse presenri, does grant, bargain, sell, remise, release, convey and confirm unro tM MORTGAGEE, its successors and assigns, all that Detrain lot, pies or parcel of land, sitvab, lying, and being in tM County d St. Luci@ and State of Florida, deecribad as follows: Lot 28, SHBRWOOD ACRES -UNIT DNB, as per plat thereof on file in Plat Book 14, page 43, Public Records of St. Lucie County, Florida, .~ ~j N./ RECEIVED 5-~-~ ---- IN PAYNE"T (1F TAXES D'JE ON CLASS 'C IIiiA!iG:3LE 'E'S'!:'at ;'.:~i°ERIY, P(!'r.S: AKf l0 C1L4Pi~R 2d)_', t1('.ii OF 1911. F.GG-~ POG, KS, Cie,k Cirtsa Court ~~, ~ ~ i ~~ l ~ cl-~ t-1_ U t~ t U .t-1 z DOCUMENTa~'Y ~ : STAf~~1P 7l_( as Ase~t for t.'.f:i'L N. iG'~OiYLES, JR - -~"- ~~=~ s,~ ~ St. Lucie Coui.fi/ Tax Collector O ~ \~ ' 2475=_ N V CQkfPTROLLER ~~~ _ {~6,19flt3fi -~ ~""'--"-~~ DEPUTY CLERK together with all and singular tM tenreeents, hereditamenri and appurtareeas thereunto belonging or in anywise appertaining thereto, and all renri, bsues, proceeds and profits acrrving and to accrue from said premises, all of while are included in tM above and foregoing description and Mbendum. TO HAVE AND IQ F@fQlrD tM stow deuribad and granted premises unto tM said MORTGAGEE, its successors and aaigea forever. Md tM tiaid MORTGAGOR fa L n 1 Min, executors, administrator and assign, hereby oovenanri with tM said MORTGAGEE, ib suaessort and asttiipns. th6y ar@ from all lien and .trounce that lawfully seized of tM said premises in fee simple; that tM came are free, clear and discharged brantes rn law or in puny, and that they will and their Mirs sleall warrant and defend tM tkle ro tM settee ro tM sell MORTGAGEE, it wccessors and assigns, forever againt tM lawful claims and demands of dl penont PROVIDED, ALWAYS that ff tM MORTGAGOR atoll pay unro tM MORTGAGEE tM promissory note hereinbefore described and shall twly, promptly and fully perform, ditKl-arge, execute, complete, comply with and abide by each and awry tM stipulations, agrseneenri, condition and ooenre.nri of said promissory nob and of thrs Mortgage, then thb Mortgage and the Estate hereby seated sleall leave and bt r-ull and void. IT IS UNDERSTOOD that tM word "Mortgagor' wletther in tM siregulaf or plwal anywhere in this Mortgage, shall be singulw ff oM only and shall be plural jointly and sewrally ff more than one, and that tM word "t Mir' as used anywhere in this Mortgage shall be taken to mean "hh," 'leers," or "its," wherever tM ooMtxt so implies o- admits. Also, that whtrwa these is a reference in tM eowreanri and agreements herein eontaireed to grey of tM parties hereto, tM same shall be wntrwd ro mean ss well as tM Mirs, legal representatives, wcasson and assign (either voluntary by act of tM parties a imroluroary by operation of tM law) of tM same and that tM covenants hereto contained sleall bind and tM bereefiri and advantages inure to tM respective Mira, legal representatives, successors and assign of tM parties hereto. And said Mortgagor, fa themahres and tMa torn, legal rrepresentatnres, wccessors and assign, Mreby jointly and sewrally covenant and agree ro and with tM said MORTGAGEE, its sucusson and assigns: t. To pay all and ienguler tM principal and interest and tM various and sundry sums of rreoreaY P+Yab~ by virtw of sand promissory nob, and tisis mortgage, each and every, pomptly on tM days respectively tM sanee sewrally become dw. Z. To pay all and sagvlar the taxes, •ssessrreems. Iwres, IiabitiYea, obligaYton» and •ncunebrareoes of every eeattwe and kind now on said described property. a that hereafter may be imposed, suffered, placed, kwied, a assessed tleeraon, a Heat haeafta may be levied a assessed upon this Mortg• age, or the indebtedness secured hereby, eaeie and awry, when dw and payable, atxordrng to law, before they bawrree delinquent, and before arty k+terest attae:Ms or any penalty is incwrrd; AND INSOFAR AS ANY THEREOF IS Of RECORD THE SAME SHAH ilE PROMPTLY SATISf1ED AND DISCHARGED OF RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AllY ENDORSED OR CERTIfIED) SHAH f1E PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in tM event that arey thereof N not paid, sat'sfwd and discharged sa:d MORTGAGEE may at any tint pay tM same or any ~parl thereof without waiving or affecting grey optan, lien, equity or .ipht under or by virtw of this mortgage and tM full amount of each and every such payment shalt be immediately dw and payable and sMll bear interest rrom tM date thereof until paid at rate of nine per centvm per annum and together with such interest uieall be secured by tM Here of this rreorgtage. ~OOK ~~9 PAGE~~~ ~~_ _, __