HomeMy WebLinkAbout1589 z;~3s92
THIS INDENTURE. Mad~ +ne_ 6th d+y of January A.D. 19~ between
_ Blanton and Wood Constructiory Inc,,_, a Florida CoY~ora~ion
a{ St. Lucie ~p~~~y F~a;d~, htreinaftN designated as the "MORTGAGOR," ~nd FIRST FEOERAt SAVINGS AND IOAN
ASSOCIATION Of FORT PIERCE. a corporauon apanized ~nd ex~s~inq undr tM laws of the Un~red 5~~~~s of America and havin~ its principal plu~ of
buuness in tM City of Fwt Pi~ru, St. luci~ Counry, flor~d+, hereinafur d~iiynat~d as tM "MORiGAGEE:'
WHEREAS the MORTGAGOR is jvatly indebted to tM MORTGAGEE in the sum of =22 , good artd Iswful mo~ey of the Un~ted
S~ates advanced Dy the MORTGAGEE unto ths MORTGAGOR, as evidenced by ~ certain promissory note of even date !+erewitF, of wh~ch the (oilowiny in
wads and figures is a trw copy, to-wit:
t 22 i 400. 00 r,~, 3-17~,79 5
Fwt Piert~. Florida. `~anu dZy 6+ 19 72
Fd value received, 1, we or either of us, prom~se to pay, without defalcat~on, to the order of FIR$T fEDERAI SAVINGS AND LCAN ASSOCIATION OF
FORT PIERCE at Fort Pierce, Fbrida, the sum of S22 ~ 400 with i~rerest (rom date at the rete of 7~~°.e per annum, in monthly instalb
~~ents as fo1!ows: S 184.~ on rhe -lSt day of ~y 14 72 and a Gke sum on the carrespond~ng day of each momh /here-
af~~r until the whole be fu~ly pa~d.
Each ~wstallment fint shall be appl~ed in payment of the interest and then on rhe unpa~d balanca oF the princ'pal sum. If d ault is made in the
; a~ment of any installment when due, a~d such default continuct 30 days, then st the opt~~n of the hoSder, and without any other not~ce, ail the remain~ng
~utallmcnrs sMll be due and psyable at once. Privilege is g~ven to prepay this note in whole w in part at any time without penalty. Neithr io?ebea?~nce,
r.or acceptance by the holdr thercwf after sny default in any payments he~eon, shall be deemed extension- A Iste payment charge of S 9!
-.2O shall be
rdded to each insraliment rcmaining unpa:d 7 days after its due date, and • l~ke sum ahall be added to exh such instailment remaining unpaid 7 days ~(tet
rach sutceeding payment date.
Each maker, surety and ertdorser hereof, jo~ntly ard severa~ly, wa~ves demand, presentment proteat and notice of protest fo? nonpayment, and funher
aarees to any extens~on of time of payment, either befo~e o? after maturity, without not~ce to any of us; and to pay all costs of cotlecticri, includ;ng ~
~~~sonab!e attorney's fee in the event of any de{a~lt he~eunder, and hereby severaily waives all benefit of homes~ead and exemptiu.~ under 1Fw con~titutan
,~,d laws of cach Sfate o! the United States, as against this obl~gation o~ ~ny exte~sio~ or renewal hereof.
W~tness the hand and seal oF each party. B~T~ C~STRUCTIaV~ 1~•
By: s/Jaaes H, Blanton, President ~?U
Corporate Seal Affixed ~A~)
Attest: s/Julia R. Wood} Secretary-?r~a~r
ls~?U
533.60 ~ S~ate Revenve
i_
NOW, THEREFORE, ~he MORTGAGOR for the purpose of securing p~yment of sa~d sum of s 22 ~ 4OO and the perform+nce of tM
covenant; and s9recments hereinafter exp~e:sed, ~nd for diver• good +nd vatuable conside~atans, by these prese.~ts, does yra~t, baryain, ull, remise,
•e'~ea:e, conver and conf~rm unto the MORTGAGEE, itt successors and auigns, ell that certaio bt, pieoe d parcel of land, situate, lying, and beinp io the
~ounty of St . LUC 1@ ~nd S~ate of f lorida, dewibed ~i fotlows:
Beginning at the Northeast corner of outlot 15 of White City, a subdivision as per
n2at thereof as zecorded in Plat Book l, page 21 of the Public Records of St. Lucie
County, Florida, at the Southwest intersection af Second Street and Citrus Avenue for
~ a point of beginning, run South 100 feet, then West 125 feet~ thence North 100 feet to
~
~
! the South side of Second Street~thence East along the South side of Second Street to
~
~ the point of Beginning; said tract being located in Section 4, ?ownship 36 South, Range
~
~ 40 East, Public Records af St. Lucie County, Florida. TOGETHER WI?H the South 1/2 of
a
= that portion of an abandoned street, known as Second Street, which is appurtenant to
's
~
4 ~
~ the above described parcel of land.
~
4
~ W S~TA I t~~ F L O R IL A ~
~ t~ } DOCUN;~~!TA~`~. STAi~P T~X ~--~_LtN ~AYMEHT OF TAXQ
~ z = _ r....,,,, = DUE ON C~ASS Y," INTANC18iE PERSONAL PROPERTYi
~ = FE8-4'72 - w~T TO CH~PTER 71•134, ACTS OF 1971.
~ O = "r~ = - ROGEK ?OII:~A_. . . • . C un. S:. iuc e Fta.
~ v~ v ~c?r.~ ar~?cse ~ 3 3 6 0_
~ P.B.i9o~~i -
~
~ +ogerher with all and singular the tcnements. hereditaments and appurtances thereunto belonging w in anywue apperbinirq thertro, and dl rtntf, iuua,
~ proceeds and profits accruiny and to accrue from said premises, ~II of which ~re ~ncluded in the abov~ ~nd foragoing descriptwn and habendum.
3 TO NAVE AND TO HOID the above descr~bed and yranted prem~aes unro tht said MORTGAGEE, its suaesson +i+d sssiyns tww~r. Md th~ said
MORTGAGOR for -.~t~=--- he~rs, executors, sdminisna~ors and assig~s, he~eby covenanb witb the faid MORTGAGEE, i» wccesson and aalpro,
- that --lt 15 _ ~~„r{ully seized of the said premises in fee iimple; that the same are fret, cle~r ~~d disch~ryed from ~11 liera and encurt~
L~ brences in law w in eqvity, ~nd that lt M,~~~ lt5 hein shall warrant ~nd deferd t}~e tiN~ to tht tarrw fo iM said
~ MORTGAGEE, iu succeuon and +ssgns, fwever syairut the lawful claims ~~d dems~ds of sll perwra;
Y. P~o^'?P Y
`3 PROVIDED, ALWAYS that if the MORTGAGOR shall pay umo the MORTGAGEf the promissory note her~inbefore desaibed +nd shall bul tl
and fu~ly perform, d~xMrge, execute, compkte, comply with •nd ab~de by each ~~d every the tt:pulationt, syreert?tnts, conditions and covenanes of said
promi:sory note and of this Mortgage, then this MatyaQe and tF~e Esbte hersby ueated sMll u~se and b~ n~~ll u?d void.
IT IS UNDERSTOOD that the wad "Mwty~gor" whether in the singular a plurat anywher~ in this Mortyayt. ~F?~II be sin~ul~r if one only and
- shsll be plunl jointly ~nd teve~ally if mor~ than one, a~d that the wwd "their" +i ~sed anywher~ in this Matpsye iMll b~ t~ken to me~n •'his,•• ••hsn••
w"its." wherever the context w implies a admits. Also, tMt wherevK thers ii • rsftrence in th~ covenantt and preemenri F~ei~ contsintd to ~ny o~
- ~he parties herero, the ssme thall be construed to mesn as well u tF~e hein, Isyal rtpresentatives, successon +nd assiym (eithet volumary by act of the
_ parties w involum+ry by oper~tion of the law) of the s~me u+d that the covenanti herein contained shsll bind and the kxnefits and advantap~s inw~
~o the respective he~ri. (~yal rapresenf~rives, wcceuors and ass'9rn of tF~e p~nits htreto.
v~u And uid Mwtga9on, iw themselves and their hein, le9~l represenutives, successas ~++d auiQm, hereby joiNly •nd s~vaally tovenant and ayree
~o and with 1F+e s~id lNORTGAGEE, irs successon ~nd ~ssiyns:
t. To pay •11 and iin9ulsr the principal and interest and the v+rious +nd sundry sums of rt~ot~ey payablt by virtue of said promisswy note, and this
mwtg~ye, eacF~ ~nd every, promptly on the d~ys respectirely tM same sev~rally becorn~ dw.
4. To pay ~11 ~nd ungul~r tl~e Uaes, a~sessme~n, levies, tiabilities, obliyatam a~d ~ncumbnnce~ of every nature ~nd kind now on said dewibed
property, a that hereafttr may bt imposed, suHe~ed, plxed. I~,ried, or auessed thereon, w tMt here~fter may bs levied or assessed upon thit Mort~-
- age, or tM indebtedneu tecured hereby, each and every. wMn dve ~nd payable, actwdir?p to law, befwt tFroy becorrw detinqveM, snd btfws any int~rtst
arraches or any penalty is incurred; ANU INSOfAR AS ANY TMEREOF IS OF RKORO THE SAME SHALL 6E PROMPTLY SATISFIED AND DISCHARGED OF
- RECORD AND THE ORIGtNAt OFFICIAL DOCUMENT (SUCN AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION VAPER OffICIAIIY ENDORSE~
= OR CERTIf1ED) SHALL BE PLACED IN THE HANDS OF SAID MORTGAGEE WI?MIN 1EN DAYS NEX1 AfTER PAYMENT; and in the event that any thereof is not
- pa~d, sa~ sfied and discharged sa:d MORTGAGEE may at any time pay the same or •ny p~rt thereof without waiviny o~ affediny ~ny option, lien, equiry p
•+qhr ~nder or by virwe of this mor~gagr •nd the full am«,nt of each and every such paymem ahsll be inwnedi»ely due ~nd payabk and sMlt bear interes~ t
_ ~~om the date thereof until paid at rate of n~ne per centvm per •nnum and toyether wi~h such i e~st xcur t of th:s motyta9t.
go~K 1`~~ P~~~
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