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HomeMy WebLinkAbout2366 2159'78 ~ . THIS INDENTURE, M+d~ d,a. 20th ~,Y of September , ~.o. ~9?1 b.?~«, j James H. Blanton a single adult of t• Lucie ~~N F~~. ~~in~ftN tksipnated u tMe "MORTGAGOR," +nd FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT P~ERCE. • oo?paation ay~~is~d and exis~inp und~r th~ lavin of th~ United 51~~~s of Amtrk~ a~d Mvinp ita principal piaa of buun~sa in 1M Clry of Fat Pi~tu. St. luti~ County. Flaida, MrtieWhu desipnat~d N tM "MORTGAGEE.•• WHEREAS tM MORTGAGOR i~ j~atly ind~bt~d to th~ MORTCaAGEE in 1M sum of i 2O ~ 800•0O , Sood and lawful ma~?ey of the United Stat~s adv~nt~d by tM MORTGAGEE unto tM MORT('iAGOR, ~s evidenced by • ctrtain promissory nott of evsn date harewitb, of whlch the followir?p In wads u+d fi~w~s is ~ trw copy. towit: = 20~ 800.00 ~„~-17 ~ 425 ~ , ~,,.P;~n, f~~,, September 20,~ t9,~1_ For v~lw receiwd, 1, vw w either of ~s, promise to p~y, without defalc+tion, to th~ order of fIRST FEDERAI SAVINCsS AND tOAN ASSOCtAT10N OF fORT PIERCE at Fai Pieru, Florida, tM sum of i 20,8~•0O w;th interest from date at the r~ts of 7•7516 per aouum, in fnonlhlY imtall- ments u followt:; 171 p~ ~h~1St ~y of.Ja1'filary ~9 72 ~nd a lik~ suen on t1» correspa~dirg day of each ma?th thtr~- after until the whol~ be fully p~id. Each instsllment fint shall ~pplied in payment of th~ interest ud ~hee+ on the ~~paid bal~nce of the prir+up+l sum. If d suh is mad~ i~ tl+~ payme~l of sny installm~nt when dw, and wch default continues 30 dayt, then ~t the option of 1hs holdar, u+d without ~ny other notice, all the rem~inin9 inst~llm~nb iMll b~ dut ~nd paYabla al Ont~. Privilpe ia piven fo prepar this noM in whok or fe psrt at a~y time without pen~lty. Naiths~ torsbeannce, nor ~cctptane~ by ~he holder ther~of ahe? u~y defavh tn any p~ymen» fieroon, sMll be deemed e~e~+sion. A late payment ch~r9e of ~ 8.55 sMll b~ added to each inttal{menf remain'ug w+paid 7 days aN~r iri due date, and ~ like ium sha~l be added to each such installmeM remain'x+p vnpaid 7 d~ys afNr each suttestfirg paymeM det~. Each makw, surtty and endorser haeof, jointly ~nd sevenlly, waives demand, presentmero protcst and notice ot protest fw n«+payme~t, and fwtMr agrees to ~ny extension of time of payment, cither before w afte~ maturity, without notice to any of us; and to pay all msss of collection, irxl~d~np a reasonabk attorney i fee in the ~vent oF any default hereunder, and hereby severally waives all benefit of homestead and ezemplion under tF?e comtitution and laws of each State of tM United States, ~s aysinst thb obli9ation or ~ny exta~sion or renew~l hereof. Witness tht hand and Hal of e~ch party. s/Janes H. Blanton, a single ac~ cs~?u . cs~?u . cs~w ~ $31.20 ) sraro aevenve ) NOW, THEREfORE, the MORTGAGOR fo~ tM p~rrpos~ of s~cv~ing paymeof of said sum of : 20+8~•~~ +~d t1» perfo~erynce of the cov.nann +~+d .~r.emenn Mreinaher ~xpressed, and fw d'iw~s pood ~nd valwbl~ coroide~~Y~ons, by tMs~ presa+ts. does grant, l»r~ain, sell, remise. releas~, oonwy a~d oonF'um unb th~ MORTGAGEE, ib s~aessors and assiy~s, all tMt un~in lot, pieu or parcel of I~nd, titwt~, lying, and beinp in tM ~ S t. 1.i1C 1 e ~nd Stats of Fbrida, deacribed as follows: ! i t.ots 12 and 13, Block B, of Hunt Subdivision as recorded in Plat Book 5, page 47 of the Public Records of St. Lucie County, Florida,? . i ' . ~ w STAT ~ oF~-1'-' L O R~1 U A? ` ' ' ~ ~ ppCUMEpTpp~ STAMP TAX { = ~ G IN Pl1YMEN'~ OF T11XES ~ 3 0 _ sErzs~n " 3 i 2 0~ P~UBS",:IWT TO q111PT= ~~ii ~~~~'~i.~TM' ~ N v ~crT.~ en~ • ~Ofn'R PORMS~ Cle~f? Grwit Cau~t ~ ~P.B.~~o~~: fot DANIEL N. KNOWIES. 1R St Lutie Couct~ T~x Collectot ~ pEpUr CLERK ' ~ k i toy~tMr with all ~nd sinp~lar th~ ten~m~nts. hNeditimenb and ~ppurtancrs tl~w~to b~lonpirg w in ~nywise appKt~inirp tAerNo, and ~11 n+~n,~ bswi, p.xMds and profin acu~irg and to acuve from s~id pr~mia~s. •II of wK~h an i~xlud~d in tM abov~ ~nd fapoinp dexription u~d habMd~wn. ~ TO HAVE AN~ T9 )IOLD tF~e abov~ deurib~d and ~rant~d premises unto th~ s~id MORTGAGEE, in succ~ssws and usipns fwsw~. /u+d th~ s~ld MORTGAGOR, for h 1 S ~;n, ~~~tas~ sdmMytratws ~nd ~uiy~u, lwr~by cov~nanb with the uid 1NORTGAGEE, i» wcceswrs and ~safprw ~~t he 15 I~wfuly seiud of th~ aid p?smisa i~ t~e simples that th~ sam~ ~n f~», ckar snd disclwy~d fran ~11 IiMS and ~ncww~ branus in law a in puity, and tM~ he will and his htin thall w~rrsM and dd~nd the titb b tM saen~ ro th~ s+id ~ MORTGAGEE, in wueuors and augm, tor~wr apai~st fhe lawful ci~ims ~nd demand~ of ~tl persoror ~ PROVIDED. AIWAYS thst if tl+~ MORTGAGOR shall p~y vn~o tM MORTGAGEE tM pranistory not~ he~sinbefon describ~d pd shdl trvly, promplr ~ ~nd fully pNfwm, ditd~arp~. ex~cv», complNe, canply wirh and abide by ~+cA ~nd ~wry Mw stipula~ions, ~gre~mN+», conditiau ~nd aov~na o~ said ~ prem;s~y n~t~ ~nd ot this Morqap~, tMe? this Matyape snd tM E~tate h~reby aeatsd ~MII cea~ ~nd b~ null and void. IT IS UNDERSTO00 th~t th~ wwd "Mwtyapor" wlwtha in tt» sinpulu a plwd ~nywMr~ in this Mwtya~, ahall be ~in9vlar if on~ only and ~'~1 sh.ll b~ plural joinrly ~nd s~w~aly if mor~ than or», a~d thar ~h~ word "~h.ir" u uwd ~nywMr~ in thw Nlwt9ap~ sh~ll b~ aken to rn~an •'his.•• •'1M+s:• ~ ~ a"its;' wFwr~var tF~ cont~:t w implies a~dmin. Alw, tMt wherever tha~ is s referer~p in th~ cownann and p?~em~nn her~in oom~w+~d ro uiy of e u rM p~nies hK~% tM swm shall b~ wnstrved to rn~an ~s w~lt as th~ I+~in. Ipal rapresMt~tives, succ~sw?s and auipns (~irhN volvnruy by ad of th~ parri~s a fnvolumuy by op~r~tion of th~ I~w) of th~ same ~nd that tM covt~a~b f+K~in contairNd shall bind and th~ ben~(ib ~nd advantapM MKrn ~ ~o eM r~sp~ctiw h~in. Ip+l reprnentatives, succ~sson and su~~a of t!w partia ha+to. v ~ Md said Mortypors, fw tl+ems~lws and their heirs. I~qal rep~~s~ntatives, wa~sson and ~ssipra, h~reby jointly and s~vKally cov~n~?t and ap?N ~ ~ to s~d with th~ s~id MORTGAGEE, its wcceswrs a~d astipra: 1. To pay ~11 and sinp~rlar tM printip~t a~d int~rest and th~ v~rian ~nd wndry swns of nar~Y paYsbl~ by virtw of said promisswy ~ote, a+d Mis n+wtp+p*, wch and wKy. PromPrly on rM dayt re~p~ctiv~ly rh~ s~me stwr,lly bscorm dw. ~ 4. To p~y dl snd sinpvlir tM taan, u~nw+wnts, Iwies, liabilitia. obliyations ud tnnxnb~ancn of ewrY n+wr~ ~ed kind now on s~id d~wibsd ac wop~rfY, or fIM1 M?NNK may b~ iinposed, wNa~d. P~+ad. Iwi~d. a~uesad thsr~oe. a thd hae~hN may b~ kvad a a?~~ased vpon thM Mwq~ °Cp +p~, a tM M~d~b~dnas s~cur~d iwr~by. each ~nd evKy, wh~n dw ~nd p~yabi~, aaadinp ro law. befon tfi~y b~corew d~linqwnt, and b~fon any M»t~e~l O~ •~r~ches p any ptnalty is irxwred; ANO INSOfAR AS ANY TNEREOF IS OF RKOR~ TME SAME SHAIL 6E PRQMP1lY SAiI5F1ED AND DISCMARGED Of RECORD AN~ THE ORIGINAI OFfIC1At DOCUMENT (Sl1CH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFAC?ION VAPER OfFICIALLY ENOORSE~ OR CERTIfIED) SHAII !E PUCED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEX? AfTER PAYN{fNT; w+d i~ ?h~ ~wnt that ~ny ther~d Is +a1 ~ wid, satsfi~d ~nd ~disch~r9ed srd MORTGAGEE may at a~y t~me pay tM ssrrr w sny p~n thereoi without w~ivi~+p or affedirg ~y opiion. lien, puity w •~qh~ ~ndM a by virtw of this mostps~e and the full amount of each and ~veryr wch payment sMll b~ imrnedi~tely due a~d payable ~nd shall bear intN~st ~.om tM d~te N~erwf unfil p~id at r~fe of nine pa cent~m p~r ~nnwn ~nd top~thN w~th tuch inte.e~t shall be secured by the lien of th:s morpt~. ::S _ - . .4 ~~~a~'. _ • ~ ~~:"~c ~Y"'*- ~