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HomeMy WebLinkAbout1583 223589 THIS INDENTURE, Mad~ the 7th dsy of F~bruaYy A.D. 19 '2 betw~ William J. Blake and Peaav L B~ake, his Mife - of $t, i'uCl@ Go~nhl Florid~, hcreinafter deig~ated ss tM "MORTGAGOR;' •nd F~RST fE~ERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE. ~ torpwation orp+ni:ed and exitriny under tM laws of 1M Unit~d St~q~ of Am~tita ~nd Mvinp in printip~l plac~ of busineu i~ th~ Ciy of Fwt Pi~ru. St. luc~s County, Plorida, hereinafla detpnatsd as th~ "MORTGAGEE:' WHEREAS 1M MORTGAGOR is juttly irxlebted to Ths MORTGAGEE in the sum of s 2'4 good and I~wful mo~ey of the Un~1cd Siates advanced by the MORTGAGEE un~o the MORTGAGOR, ss evidenced by a certa~n promissory note o1 even date herew~th, of wh~ch the foilowiny in «orda and figures is a ttw copy, lo-wit: s 24,000.00 3-17.944 Fort Pi~rc~, Fi«~d,, February 7. 19 72 ~T Fa value reccived, 1, we or either of us, promise lo y, without defa~cation, to the order of FIRST FEDERAL SAVINGS AND tOAN ASSOGIATION OF ~ fORT PIERCE ar Fat Pierce, Fbrida, the sum of = 24 w;th interes~ from date at ths rate of S 96 psr +nn~m, in mon~hly ins~all- \ ~nents as fol!ows: : 17 on the 1 s t day of June , 1972 and a I~ke sum on the co~respond~np day of each rtw~th there- afrer until the whok be fvlly paid. 1 Each i~stallment first shall be applied in payment of the inte?est and tAcn on the unpaid balance of the prinupal sum. (f d auh is made in the ~ F,aymen~ of any installment whan due, and such default continues 30 days, then st the option of the hoider, and without any other ~tice, sll the remainin9 t ~„iraltments shall be due and payabte at axe. Privilepe is given to prepay this note in whole w in pa~t at ~ny t;me without penalty. Neither faebearance, 1' , no~ acceptance by the holder thereof a(tcr any default in any payments hereon, shall be deemed extens~on. A laie payment charge of i 8• 9 shall be , added to each installment remaininp unpa~d 7 days after its due date, and a like sum shall be added to each such installment remaimng unpa~d 7 days after each succerdirg paYment date. Each maker, turety and endwse? hawf, jantly and scverolty, waives demand, p.esemment protest and ~otice of protest fw nonpaYment, and further l, agrees to any eatension of time of paymcnt, either before or after maturity, without notice to any of us; and to pay all tosts of collection, includ~ng a reasonable a+torney's fee in the event of any defautt hereunder, a~d 4xreby severatly waives all benefit of homestead and exemption under the constitutiw~ a~,d laws of exh State of the United Stares, as against ~his obl~gation w any extensron w renewel hereof. ~ - Wi~ness the hand and seal of escF. parry_ 1 s/ William J. Blake ~~i~ , (SEAI) s/ PegaY L. Blake ~ cs~?u $36.00 t ? st~r• aeverw. (fisope ao~Ued ~s adytitsoue) NOW, THEREFORE, 1M MORTGAGOR for the purpox of ~ecuring p~yment of said sum of S 24 +nd tht pe?formance of tlw -~j covenants +nd ~greemenfs htreinafter expressed, ~nd fw diven good ~nd vsluable considerationa, by these presents, does grant, bar9sin, sell, rcmise, retease, convey and confirm unro the MORTGAGEE, its successo~s ~nd +uigns. •11 that cert~in Iot, piece w parcel of la~d, situatt, lying, and beinp in the County of St. LuC1C ~ State of Fbrida, dcscribed u follawt: The South 395.9~ feet of the East 111.35 feet of the West ~ of the West ~ of the Southwest of the Southwest ; of Section 21, Township 35 South, Range 40 East - less Edwards Road zight- of- i ~ ~aYs ~ I ~ s ; ? ~ . 3 ~ ~ W S"fql~t ~F i=LURfuA ~ c~ ~ DOCUMEhTAp~~ STA~iP TA X a = fE6-9'~2 , ° ~ = z - d r - - ~ +=D - V~~= ~d ~~c.~ ~ t/~ ~ eirr.ar at~t~rt_,~... RECQVED tll MriIEXT Of TA~ ~ P.B. ~•011z - 0llE Oil C1ASS'C INTAN6tBlE PERSONAL PNOPEpTI?. ~NT TO GIAPTER 71-134. ACTS QF 1971. ~ " ROGER Pplt~tA,, Ci±rt Crcui: C-urt. SL luae Co. ila. _ ~ rogether with all and sinpular the teneme~ts, haeditamenri and +ppurt~nces therwnto bslonyiny or in ~nywis~ ~ppKNinirg tM«fo, aod sll renb, issues. # ~ proceeds and p~ofits xuviny and to ~cvue from said p~emises, •II of which are includ~d in the sbov~ and fwpoirg dewiption ~nd habe~dwn. ) 'a'~" TO HAVE AND TO HOW rM abov~ d~scribed and yranted pr«nues unto rM i+id MORTGAGEE, in sucusson ~+d •uipm for~wr• Md th~ ~+d ' ~ MORTGAGOR fw the 11 ~~n, exec~ton, ~dminiiustors arx! atsiyn~, hertby covenanb with tht s+id MORTGAGEE, iri wcceawn snd assipro. the are rhar I~wfully se~zed of tM said prem~ses i~ fe~ timple: that tlw s~me ~n frN, clear ai+d disch+~d from s1I liem snd ~newn~ br~nces io lew or in puity, and thaf th6Y will and L~1e lI h~'us shall wurant ~nd d~hnd tM titl~ ro tM s~rn~ to tM said MORiGAGEE, iu succeasws and ~uipns, fa~ver a~ainst th~ lawful cbims and dtmands of all p~naa; =1 PROVIDED, AlWAYS that if tht MORTGAGOR shall psy unto the MORTGAGEE th~ promisswy noM hereinbefp~ destribtd ~nd shdl huly, promptly r;:k and fully perform, d~xh+ry~, ea~cutt, compl~t~. comply with and ab"~de by each ~nd ~rery ths stipuiations. ~yr~emenb. tonditions and tovtn+nri of said p.omiuory not~ and of this Mort9+ye. ~hen this Mortyay~ snd tFw Est~te hereby ue~ted shall uak ard b~ rwll ~nd wid. ~ta IT IS UNDERSTOOD that the wad "Mortqsgor" whetMr in tM iir~ul~r w plvral anywhere in this Matpa~e, shall b~ sirpular if on~ only ~~d ';".'s shall be plurd jointly and swer~lly if mwe thin one. +nd that tFw wad "thtir" ~s used ~nywh~n in th~s Mort9a~e shall be Nken to m~an •'his,•• •'has:" ; ~ or "iri;' wherever tM context w impli~s or admits. Also, tMt wherevsr tbere is • ref~renct in tFw cwen~n» and apreem~nb h~r~in contaiewd to ~ny of ~ the parties hereto, th~ t~rt?~ ahall b~ constrwd a m~a~ a~ w~ll ~s the hei.s. I~yd rpr~stnt~tives, sutcetsoa and saipra (~ither volunt~ry by ~cf of tM ~ r;; p~rti~s or involunt~ry by op~r+tion of the law) of the tame snd that the cov~nants herein conUirnd ah+ll bind and tM b~nefits and ~dv+ntapes inur~ to tM rasp~ctiw hein, kya! repr~sentatives, succeswrs and au~~ns of the p~rties htrsto. /1nd ~aid Mortya~on, fa tMmsslvt~ and tFMir Min, leyal reprssent~tives, succea~o~s a+d ~ssi9~, hereby joi~tly ~nd s~verally covenant a~d pr~e to ~nd with tM s+id MORTGAGEE, in wcc~sson and auigro: ' 1. To pay ~II and sinpvlu tM princip~f and inte?est ~nd tFa v~riovs snd sundry wms of mon~y paY+ble by virtw of said promiuwy not~. ~nd tha ~ `N';; mortyay~. Nch and ~wry. P~omPtly on tl+e days respectively the same ~ewrally becorr?~ dw. 5,h ~ Z. To p+y all and ~if19YIN the u~ee~, suessm~nn. Iwies, liabilit~es, obliy+tiau and ~ncumk??~nces of wery natu~t ~nd kind now on s+id desaib~d prapKry• a that Mreafter may b~ impw~d, wffe~~d. pl~ced. Iwitd, or ~utsMd ther~on, a tMt her~ahK may b~ Iwied a~s~ts~d ~rpon this Mortp- afls, a tM fnd~bt~dnsss secvr~d hereby. ~ach ~nd ~wry, wMn due and p~ysbl~. ~ccwdiop ~o law, bsfor~ they beconn ddinquem, and b~fon u~y intN~st ~ atteches or an nal a incw?ed: AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII 6E PROlVIPiLY SATISf1E0 AND OISCNARGED OF Y P~ tY c 1 RKORD AND 1ME ORIGINAI OFFICIAL OOCUJNENT (SUCH AS. FOR INSTANCE, THE TAX RKEIVT OR TME SATISFACTION PAPER OFiIC1AltY ENOORSEO OR CERTIFIED) SHALL dE PUCED IN TME IIANDS Of SA~D MORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMEN?; and io the event tMt any th~rwf a~+w >rv-'. paid, s~t'sfied and discharged sa:d MORTGAGEE may at any time pay tM aame or any psrt thtreof without waivi~q or affectiny any option, lien, puity a - •~ahr ~u+der o~ by virtve of this mortga9s ~nd tM full ~mount of esch and eve~y such p+yment shali be immediately d~e ~nd payable snd shall b~ar interes~ <<om the d~te thereof ~ntil pa~d at rate of n~ne per centum per ar+num an~ 1~ e th suc Ci~~sLi~ll be secured by tht lien of th:s ma9tpe. ~QbK 17t ~ FA~_ O _ - - ~ - r.~ . . . - . . . . . . . _ _