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HomeMy WebLinkAbout1591 2~3593 iNIS INOENTURE. Mad~ ths 6th d,Y ot ~ `~anuary A.D. 1972 ~rW«~ Blanton and Wood Canstructian, Ir~c., a Flor da Corporation of $t. Lucie ~~~~y F~a;~~ ~fQiM~fN d~siynsted +s the "MORTGAGOR," and FIRSi fEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE. • corpa~fion w9aniz~d and ~xiitinp vnder th~ laws of tM U~~~ed S~sq~ of M?sric~ ~nd Mviny its prinupal pl~c~ of businea f~ tM City of fwt PiKU, 5?. luci~ Counry, flwid~, Mr~inafta d~s~pnated +i tM "MORiGAGEE:' WHEREAS tM MORTGAGOR is jv~tly it+d~b~td ro th~ MORTCsAGEE in tM sum of s 19 ~ 4OO' ~ good and Iawful money o~ the Un~tcd Srates advenced by the MORTGAGEE un~o th~ MORTGAGOR, as ~videnced by • ceru~n promi~swy no~e of even d•~e Furew~~h, of wh~ch the followin~ in words and figures is a trw copy, to-wit: s 19,400.00 ~ 3-17,794 Fo.r rK«.. Flaids. January 6, 19 72 Fw value rcceived, 1, we o~ either of vi, promise to pay, wi~hovl defalcation, to the order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Flwida, the sum of s 19 i 4~•~ _ w~th intere~t from date at the rate of 7•7~ per annum, in rtanthly ins~all- ,~~ents as fol!ows: j 16O' ~ on the day of Md V ~~_1~_ ~nd • like sum on the carespond~ny d+y of each month there- after until the whole be fully p~id. Each installment first shall be spplied in payment of ths interest and then on the unpaid ba~ance of the prinupal sum. If d autt is made in the F~aymem of any in~tallment when due, and such default continues SO days, then at the option of the hoider, and wi~hout any otlxr not~ce, all the remaining :nstallmanti shall be due and payable at once. Privikpe is given to prepay this rate in whol~ o? in part at any time without penalty. Ne~ther twebearante, nor acceptance by the hoider thereof aftcr any defauh in any payment• hereon, shell be deemed extension. A late payment charye of S- 8!~ , sh~Il be added to each installment remaining u~pa~d 7 days after its due dats, snd e I~ke sum shall be added to each such ins~allment rema~ning unpaid 7 days •ftcr each sutcetdi~q paymeM dat~. Eath maker, aurety and endorser hereof, joirttly and severally, w~ives demand, presentment protest and notite o( protest fo? nonpayment, snd funher agrers to any extension of time of payment, eithcr before or afrer mafurity, without not~ce to an~ of us; and to pay +1~ costs of collection, intlud:rq • reasonable atrwney's fee in rhe event of any default hereunder. and hereby severa!ly waives all benefit of homesread and exemption unde~ the tonstilution a~~d lawi of each State of the United States, as against this obligation w any exte~s~on or renewal hcreo(. w~rness the hsnd a~d ~eat o1 ~a~h ~~~v. BLANTON AND WOOD CONSTRUCTION, INC • gy ~f_laae~ H Blanton ~ P~r QsidQnt ~Aq Corporate Seal Affixed ATTEST s~Jul ia F. Woodi Sec reta rv-Tr~~ rer cs~?u ~ $29.10 , s+,t. aevenue P~ P~ ~+9 wr 19 400.00 , and tt?~ .fo.r.Nnc. of th~ NOW, iHEREFORE, the MORTGAGOR fw the r of iecuri ment of said sum of i ~ P~ :o.enants ~nd agreements hereinafter expressed, end fw diven good and valu~ble consideratia~s, by these prese+us, does yrant, baryain, sell, rem~se, release, convey and co~firm unto tM MORTGAGEE, iti succe:sori and +ss~gns, all that «ruin lot, piect or p~rcel of land, situate, lyinp, and beirq in tM County of $t. L.ucie and Stste of Fl~ida, dewibed ~s follows: Lot 3, Block 67, Unit 6, Lakewood Park, St. Lucie County, Florida, as per Plat on file in Plat Book 11, page 7 of the Public Records of St. Lucie County, Rlorida, ? , i ~ ~ , E s : ~ ` W S tA1-~. f~LOk1UA ' g c~ ~ DOCUt?E(~1TA~"__STAyiP TaX x = z _ _ d a...v,,Q _ _ - > ~ = FEB-9^l2 - _ S N U aETf_0( P1M[?YE g~~' V- c ~.8.f10ii2 ~ r ~ - ~D ~ ~n P~rwEnt oF r~xa - ~ o~ t~u ~ ~rR~wcie~ rERSO+~u~ P~n, ~ w~uwr m c~~t n•iu. ~cts oc ~9~i. ~ - ROCFJt r011RAS~ Cl~r1~ G~~ St. Co. FTa. ~ - . ~ ~ogether with all and singular ths tenemN+ri, herediumentt ~nd sppurt+nce~ thtre~nto belonyiny w in anywiu +ppert+inin9 th~rNO, ~nd sll r~nts, iuws, ~ Pro~~f and profits ucruing ~nd to accrw from s~id premises, all of wl+ich are included i~ the abovs and fapoin~ description ~nd Fubendum. ~ TO HAVE ANP TO HOLD the ~bov~ dewibed and yr~nted prem+ies uMO the s~id MORTGAGEE, i~s succeswn ud aui~ns forevN. Md the said i ~ MORTGA~ a ~a its executon, adminisvaton +nd sssiyn~, hereby covtnanri with the wid MORTGAGEE, in successw~ ~nd usipro, ~ ~ rhst ----15----- (swfully seized of th~ uid pn.nises in fe~ simptr, tMt tM sarn~ ~r~ fr~, clear ~nd diicl»rped from ~II liei» u~d ~ncvn? ~ ~ brances in law or in eq~ity, and thst lt will and itS htirt sMll wurant u~d d~feed tM titi~ ro tht same to tM said r; ~dORTGAGEE, its succe~sws and assi~ns, forever ay~inst th~ lawful cl~ims and demaruls of all p~rsons; PROVIDED, AlWAYS thst H tM MORTGAGOR shall pay unto the MORTGAGEE tM promissorY not~ he?tinbefw~ dtKribed u~d shall hvly, prompNy and fully ptrfwm, d~xharpe, executt, compl~te, comply wirh and ~bide by e~ch ar?d every the ~tip~lations, pre~rnsnts, cooditiau ~nd covena~» of wid promiuory rate and of this Mwt9aye, then this Mo~type +nd tM Eitate hereby a~ated ihali ceas~ ~nd b~ null and wid. IT IS UNOERSTOOD that d+~ wad "Mortpayor" whether in tM sinqulu a plw~t anywMr~ in this Mwtyaye, shall b~ sirqul~r if ons only u+d ;=,i shall be plvr~l jointly ~nd ~v~r~lly if more fh~n on~, and that th~ word "~he'w" a~ vted anywhen in this Matqay~ sh~ll b~ taken to m~sn •'his,•• ••Mn; • or •.iU:' wherever the cont~~l w implies or ~dmilt. Alfo, thd wherever fhere if ~?efsrente in th~ cov~nsMa and ayrserrKnb her~in conbin~d to any oi ihe parties hereto, tF?e tam~ shall b~ construed to m~~n a~ well u tM heirt, leyal rtprestntativss, succcsson ~nd assipro (~ither volvMary by ~tl of th~ = parties or involuNUy by operation of tM bw) of the samt and that 1he coven~nts henin conbined ahall bind and th~ b~neFiri and ~dr~ntspp inw~ ' to the respective Mirs, I~y~l repr~s~mativ~s, waessors u+d au'9ns of tht parti~s hertro. And ssid AAo.t9pora, for tMms~lvn ~nd tMi~ F~tin. ~pal rspr~Nnt~tiv~s, sutcessors u+d ~uiyns, hereby jointly ~nd atverally covenant a~d pr~e ~ - ro ~nd with the ~aid MORTGAGEE, its successw~ ~nd usi9ra: 1. To pay all ~nd sinpul~r t?K p~incipa) and imtr~st and rht various ~nd sundry wms of morwY p~Yable by vi?tw of said promissory rate, and this i~: morty~ye. ~ach and ~vtry, prompdy on tl» days resp~ctiwly the s~ s~wr~lly b~corn~ dw. 2. To pay •II and ~inpul~r tM t~x~s, a~sesamtnts. Iwis~. G~bilitits, obliyations H+d ~ncvmbr~nus of ~vsry natur~ ~nd kind now on uid datribed property, w that Mff~f1K m~y b~ impoMd, wffered, plsc~d, levied, w~uessed tFiereon, a tMt F~saft~r may be tevi~d or aa~ess~d upon this Mat~- ; ~ •ye, w tht ind~bt~dnts~ secured Mr~by. ~ach and ~very, wMn dve ~od psyibl~. .ccwd~n~ ro Iaw, b~fa~ they b~corrK d~linqusM, ared befwt ~ny inhr~st ; anaches a•ny pen+lty is incurred; ANO INSOFAR AS ANr TMEREOf IS Of RKORO THE SAME SMAII 6E PROMPTLY SATISFIEO AND DISCHARGEO OF ~ ;~;z REGORD AND THE ORIGINAI OFFICUL DOCUMENT (SUCM A5, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFfIC1AllY ENOORSED ; -'3 OR CERTIFlED) SHAtI 8E PUCED M 1HE MANDS OF SAID MORTGA:'sEE WITHIN TEN DAYS NEXT AfTER PAYMENT; snd in the tvtnt tMt ~ny tner~of is not j pe~d, zaYs[ied and d~xhar9ed ~a:d MOR?GAGEE may at any time p~y tM same w•ny psrt thereof without w~ivinp w•ffectiny any optio~, li~n, sq~iry or •~qht under w by virtue of this mo~~gaye and the futl •mou~t o( each ~nd every such paymem shall b~ immediate~y dve and payabk ~nd shall b~ar inter~s~ : ~~om the date tMr~of umil paid at r~te of nine per umum per annum snd topether w~~h s~Oh4~t~y+~uF~rF ivred~y the lien of ~h:• moryta9e. ; ~J 15 ~ s_~ _ ~ s - - r - . s .`rv , a._ . . _ _.._~,_a_ <e -