HomeMy WebLinkAbout1048 ~
` 211U50
THIS INOFNTJRE, N4d~ th~ 18th ~ ( `j~1~ /1_b. 19
~l y be~w~
_ Arch Blanton and Berta ~~anton, bis M fe
of St• 1.LlCle Co~nty Fbrw~a, ha~ir~afts~ desig~ated sa ~M "MORTGAGOR," ~nd FiRS( fE~ERAI SAVINGS ~1tvD IOAN
ASSOCUiION Of fORT PIERC£, ~ cwpaat~o~ or9~ni:ed and exis~i~ wx1a. th~ laws of th~ Un~ted S~a~~i oE Amesica and Aavinp iq principai pt~c~ of
buu:~tu 'r~ tl+s Cit1• of fo~f C%::re. St. lutit County. Flwida, htrein~(itr dsfiynated u tM "AhORiGAGEE:' .
WHEREAS tM MORIGAGOR is justly indebled to tM 1NORTGAGEE in the sum of ~S ~Q(,~~.a~~ good and Iawful meneY oi 1he Un~ted
Siatet ~dva~ced by the MORTGAGEE uoto the MORTGAGOR, as evidroced by a catain promiswry note of even date hc~ew~th, of wfwch tM tolbwinp i~
w•ords and (gur~i is a uw copy, ro-wit:
= 15.000.00 ~_3-17,145
Fort Fierc~. Fa~~d.. June 18 ~ ~9 71
Fw valw ~eceived, 1, we o~ ci~her of us, prom~se to pay, without defalcat~on, to the order of fIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at fat Pie•ce, Fbrids, the sum of s 15L(~~~ w;~h ;nterest from datr a: rhe ratr of 8•?~ per annum, in monthiy ira1a11-
mrnts es follows_ s 128!~ q~ 1SL ~y of _ AUgUSt ~~q__ 71and a Gke sum o~ the correspondusg day of each momh the?r
afrer unfil the whote be iulty Fvid.
fxh irutralimenf fint shall be applird in payment of Ihe in~eresl and then on t}w unpa~d bala~:ce of thr p~inc~pal sum. If dc(auit is m~de ie 1M
Faymrnt of any installment when due, and such dtfauh cominues 30 days, then at the op~~on o( the holdr~, and wifhout any other notice, sll the ermai~irg
~netatlments ahall be due and payeb(~ at once. P~iviieg~ is yivCn to prepay thi~ note in wlale a in part at any f;me withoul penaly. Neither fpebea~ante~
nw acceprance by rhe ha~uer thereof afre~ any default ~n any paymcnts hereon, shalt be dremed extension. A lare payment cMrge of =6 •
40 sMll bt
~dird 1o each inslallment remaining unpaid 7 days ~fte? its dua date, ~r+d a tike sum sha~~ be added ~o each such installment remaining unpsid 7 days after
each wcceeding payment date. _
Each maker, surety and e~dorser hereof, jo~ntty and :e~rer'a1Ty;-wa~res demand. presenrment psotes~ and notice oF protest for nonpayment, a:+d fwther
agrees to ~~y extens~on of ume of paynx~t, e~ther ba(ore a aftcr matu~ity, w~fhout notKe to any of us; a~.d ro pay all coars of cottectio~, i~ctudinp a
re,aonable a~rwncy's fee in the event of any defaulr hereunde~, and hueby severatty warves ait bcneiit of homesread and exempt;on under ths constitution
and laws of exh St+te oi ~F- Uniled States, as ayainst this obligation p any extension o~ renewal her~of.
Witness the 1?~nd a~d teal of exh party.
s/Arch Blant~
cs~wu
. s/Berta 131antan _ ~
~ $22~50 ~ St~te Rerenue
,
NOW, THEREFORE, the MORTGAGOR fo~ the purppse pf seturirr,} p~yment Of asid sw-~ of f 15~~0~~ T
~nd tM performance of fh~ ~
covenanb and ag~eeme.d~ heieinafta expressed, snd for divcrs good and valu~ble ca?siderah~na, by these presenn, does yrant, bsr9~;n, sdl, rem;x. • i
re~ease, convey snd conf~rm unto ths MORTGAGEE, ita successors ~nd assgns, alt ~hat ce~tain lo?, p:eoe w cel of 1 i
Lueie ~ ~fWte• ~r'^9• «Ki beino ia rh.
Couny of St • .~nd St~te of Flw~da, descr~bed ~s follows:
• • i
Lots 1 and 2, less the East b0 feet of Lot 2, Block A of Pleasant View Subdivision,
as recorded in Plat Book 8, Page 53 of the Public Records of St. Lucie County,
~
Florida, ~
i
{
• ~
T
~
~
rL_i3K!v~? !
w 1 f~~~ ~ ~
c~ ~ C:'u`Cl)rit~ 17i~r'~ S~I~~jtP Tl_X ~~p CoU IN PA`MENi OF Tlq~
~ z = - ° - DUE ON Cll1SS 'C INTANGIBIE PE~SQNAI PROPERIY.
~ ,~J.y2Z'71 p(lAyi;AFiT 70 CY1~P'i'R 20724, 1~CTS OF t9il. '
F- (,Oj ~ f ~ ~ ~ O - ~~l~R ~~.`~lJ. Cierk Circu3 Court i
{A b?~t.~7F tE!'F7~Ct t
~~,i94112 r as Agent tor C:11~I~1 N. KilQWLES. 1R
St Lncfe Cou. t~r Taz CofRctor I
By c c~.c.%
pEPUiY CIFRK
~ogether with all and singular the tenements, herediqmcnts and appurtances thersun~o belonging or ie snyvrise ~ppertaininp ti~er~b, a~d al) rents, i~w~s,
oroceeds and profib ~ccruirg and to acaue from said premises, ~II of which are iocluded in tht abov~ and fweqoinp elewiption u~d hsbandwn.
TO HAYE ANO T HO~D the ~bove desuibed ~~,d granted premises unto the s~id NfORTGAGEE, its successors and asseyns faever. Md the satd
~he~r
MORTGAGOR for h~in, execui~o~s, administ:erors and assigns_ hersby covenann wirh the said MORTGAGEE, ib successor~ a~d ~ati~ns,
rhat they a re ~.wf~~~ x:ted of the ~aid
y p~an~ses in fee simplr, fhst thr s~me are fra~, clear snd dixhupsd from ~11 liens a.~d Mcw~
brsnces in law or in equitY, and that thev will and their heirt shall w+rrant ~nd defend ~M titl~ tp tFa sam~ fo tht Nid
MORTGAGEE, in succeswri and su~gns, forever ay~inst the lawful claims a~d demands of a!I perwns;
PROVIDED, AIWAYS that if the lNORTGAGOR sh~ll pay unto the MORTGAGEE tM promiswry note hereinbefw~ d~sc:ibed and aha11 truly, prpnptiy
~nd fulty parfam, d~xharge, execute, tompkte, comply witl~ ind ab+de by e~ch u~d erery the aripul~~~a~s, s9reements, cond;tiom ~nd tw~nai~b of uid
p~omissory note and of this Mortyage; then this Mat~a9e and the Estate her~by veated shall uas~ and be nuil ar+d wid,
IT IS UNDE~STOOD that the wwd "llAortg~go~" whethe~ i~ the s~r~vlar ~r plwal ~nywher~ in this Mxty~p~. shall b~ sinpulu if uw onty an,!
shall pturd 'pintly u~d ~everdly if more than one. ~nd that ehe word "their" as vud anywf~e in tb:s AAonQ~ sh~tl be t~ken to mean "his,•• "hers,••
w"its;' wherever the conre~ct co impliet or sdmits. Alyp, that whereve~ there is a r~fere~ce in ths covena~ts ~nd ay~~emeny Ix~ein tpnt~incd ro ~ny t,f
ehe pa?lies hereto. the wne shall be construed ~o mean ~s well ~s ths heirs, kysl represenbtives. successors and ~uiqrq (either volvnruy by act ot fh~
~ar~ies a in,rolunbry by oper~tion of the Iaw) o~ the same and thit the covenants herei~ cont~ined ihail bir~ snd tFK be~efiy ard adv~ntap~s imrr~
to the respectire hein, kSal represematives, wccessas a~d ~ss'yns of the putin he.eto.
And wid Mortyayws, for tFromselvp and tl+eir heirs, leyal represenfstives, wccessas snd auipra, hereby jointly aod ~ev~palty tovtnant and ap~~
ra ~nd with tM said lNORiGJ1CsEE, in successws and auigrn.
1. To pay il! urd sinput~r ~M A.~.rc;pai :nd inte~e~t u.d fht wrious and sundry sums of moe~ey paYable by virtw of said promisiory roh. ~nd this
^'af9+~e, e+~h +~d ~vKY. WanPNr on the days respectively IM s+m~ sev~rally becan~ due.
2. lo pay d) aMl s~npvlar the taxef, asessmenn. Iwies, Iiabilititi. obliystaro and encurrlxancp of every natw~ and Rind npw an said deseriad
property, or that hsre~ht? msY be impo~ed. wffered. Pl~ted, levied, w assessed thcreon, a that hertaftN msy b~ I~vied a a~eswd vpon N~is Matp-
pt, a/M indtbt~~s sicvred he«by, each and tvery, wMn dw ~nd payabf~, x:adinp b 1aw, before they becorn~ dNi~qsxnf, rnd befor~ u~ interpl
anaches a iny penalty it incurrcd; ANQ INSOfAR AS ANY iHfREOf t5 Qf RKORD TME SAME SHAII 8E PROMPTaY SAi15F1ED AND D15CHARGEp Qf
RECORD AN~ TME ORIGIwAI pFfIC1Al DOCUMENT (SUCH A5. FOR INSTANtE, iME TAX RfCE1Pi CNt TME SATISFACTtpn! p/1i~ER OFf1CIAlLY ENOORSED
OR CERTIf1ED) SMAII 8E PUCE~ IN TME HANDS OF SAID MORTGAGEE WITHIN TEN pAYS N~XT AftER PAYMENi; and i~ tf+e event t1u/ any fM?!oI iH r101
pa~d. saYsi:~d and d":schugcd sa d/JIORTGAGEE may af ~~y nme pay the same or any part thereof wi~hovt waivir~ or •f(KSing ar?y optqn, lien, pyify q
•;qh~ under or by virtue of this mo.tgaye and the full amount of each ~nd every such p~yme~t shall be ;mmediately dve and p~y~ble and shall b~ar iotNq+
~.om the date thereol unri( pa~d at .are of mne pe~ centvm per ~n.,wn ..k} to9erher w~eh suck ~nreresr shall be secv.ed by tbe I:en ot th's morptayt-
~oo~ 1!~~ ~047