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1HIS INDENTURE, 1Wd~ tMe lsth d+y of ~rCh , A.D. 19.~?s. between
Blanton and Wood l+nstru~ticv, = in~_' ryViyy~ ~r~ration
of St • 1.~1C 1@ ~~p~~~y florida, htr~in~ftN designated as tlu "MOQTGAGOR," and fiRST FEOERA~ SAVINGS ANO IOAN•
ASSOC!ATION OF FORT PIERCE, a corporation orp~ni:ed ~nd exiuirg ~nd~. ~he laws of ~fi~ Un~ted Stat~s of Americ~ and Mvinp ib principal placs of ~
busir?~u ir? 1M City of Fut Piau, St. lud~ County. Florida, her~in~ftt~ dtsiynated aa tiw "MORTGAGEE."
WHEREAS H?~ MORTGAGOR is jwtly ind~bted to tM MORiGAGEE in tM wm of , good and lawful mor+ey of the Un~ted
States advanc~d by the MORTGAGEE unto tM MORTGAGOR, as evidsnced by + csrtain promiuay ~?ote of even dere herew~~h, of wh~ch ~he followin~ i~
words ~nd fiy~~s a a trw copy, towit:
~ zo,ooo.oo s-ie~oai
fwt Pierc~, Ftwida, Ma rch 1 S _19, 72
Fo~ value received, 1, we or cither of us, p~om~se to y without defalca~ion, to the order of FtRST fEOERAI SAVINGS AND LOAN ASSOCIATION OF
20 ~06.00
FORT PIERCE at Fwt Pisres, Florida, 1M sum of j ~ w~th interest (rom date at the rate of 7• S°6 per annum, in monthly install-
ments ss followi: S~~~ d+Y of J~• 19~- ~nd a like sun+ on the cwrespond~n~ day of each rtronth there-
after until the whole bt fully pa~d.
Each installment tirst shall be appl~ed in payment of the interesl and tFxn a+ the unpaid balance of the princ~pal sum. If d ault is made In the
payment of ~ny installment when due, and such def~ult co~tinues 30 days, then at the opti~n of the hulder, and without any other notice, all the remaining
~nstallrm„?q ~M(I be dw and payable ~t once. Privilege is given to p?epaY this note in whole w in part at any time w~~hout penalry. Neither forebeara~ce,
nor uceptance by tM holde? the+eof aftcr any default in any payments hereon, shall be deemed exrension. A late payment charge of Z_ 8~ 1O shall bs
added to each instaliment remsininp unpaid 7 days after its due date, and a like sum shall kx addrd to each suth installment remaining unpaid 7 days after
each succeeding payment date.
Each maker, surety ~nd endorser ht~eof, jointly and severally, waives demand, prexntmeM protest and notice of protest for no~payment, snd funher
agrees to any extension of time of paymenl, eithcr before or after maturity, without notice to any of us; and to pay all costs of collection, incl~dinp a
reasonabk attorney's iee in the event of any default hercunde?, and hereby severally waives all benefit of homestead and exemption under the constitution
and laws of each State of the United States, as sgainst this obligation or sny eatension o? renewat hereo4.
Witness the Mnd and seal of esch pa?ty. BI-~?M'ON ANU WOOD CONSTRUCfION ~ INC•
(5E~?t)
. s James H. Blanton, Preside~~~
Corporate Seal Affixed
s Julia F. Wood, ecretary-~~sure
c 3II. ~ ) st~» aev.nue
15t+u~ c~ort~ied va a~ipi~c~also~
NOW, THEREfORE, th~ MORTGAGOR for the purpose of sitiwiny payment of said sum oi S 2O t~0 and tM perform+nce of tl+~
covsnanb and apr~ements h~rsinafter expressed, and for dive~s ~ood u~d valwble considerations, by these presents, does y?ant, barysin, sell, rQmise,
retease, conv~y and confirm unto the MORTGAGEE, its succeswn u~d suigns, all that certain bt, pieoe or parcel of land, situate, lyiny, and being in ths
County of St . LuC 1@ ~ Stat~ of Fbrida, dexribed ~s follows:
Beginning a,t,~,~~,~i,r~~~~f the Southern boundary line of the N'-~
of Lot 243~~najsubc~i ision o e~tion 10, Township 36 South, Range 40 t
East,.as per plat thereof recorded in Plat Book l, page 23, of the
public records of Saint Lucie County, Rlorida, ~rith the Eastern right ~
of way line of Melville Road thence Nor therly along said Eastern right
of way of Melville Road 75 feet to a point; thence run East a distance
of 135 feet to a point; thence run South a distance of 75 feet to a
~ poin~ thence run taest a distanca of 135 feet to the point of begimning,
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~ O _ I1QR 1T12 ~;J ti~~- DUE ON CIASS 'C' IP(TANGIBLE PERSONAI PitUPERTY.
; r V = ~ ~ py~ J O O Q= PURSI,{ANT TO CHAPTER 71-134, ACTS OF 1911.1M ~q
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~ together with ~II snd sirgular tM ternmenb, hereditamenb and appurtances thtrevMO bebrgirg w in anywise appertsinirg thereto. ~nd dl renq, issues.
~ proceeds and profiri Kcruinp and to ~ccrue from s+id premises, all of whid~ u~ includ~d in the abov~ ~nd fwe~oinp dtscriptan and Mbendum.
~ TO HAVE AND TO HOtD the ~bovs described ~nd yranted premises unto the s~id MORTGAGEE, its s~ccesaors ar~d ssii~ns foreve?. And tiM s+id
MORTGAGOR fw 1t5 ~;n, executon, administr+ton a~d au'~grn, hueby oovensnts with the said MORTGAGEE, its successw~ and assipra,
x rhst lt 1S ~~ully ieiud of ths said premis~s in fee simplr, that the same a~e free, clear and discharped from all liens ~od sncwn-
~ brancss in law or in equity, end thst lt will a~d 1t5 hein shall wurant and defend the fitk ro ths ~am~ fo tFw said
~ MORTGA('sEE, ib successors ~nd assiy~s, forever sysirut ti+~ lawfvl claims a~d demands of sll perto~s;
PROVIDED, ALWAYS th~t if tht MORT6AGOR sMll p~y unto tht N10RTGAGEE th~ promissory note F~ereinbefw~ described and ihall trvly, promptly
and fuHy pe~fwm, d~uhsry~. execute, canpkte, c«nply with ~nd sbide by e+ch snd wery ttie stiput~t~ora, agreeme~n, condi~~oru and covenann of wd
prom~ssory not~ and of tha Mwtgsp~, then this Mort9+~e end tl+e Estate haeby v~ated shall cess~ and be null and void.
IT IS UNDERSTO00 th~t the wo?d "Mortyapor" whether in tt~t s~rgvlu a p~wal anywhe?~ io this Mwt~ape, thall be si~gular if on~ only ~nd
- shall b~ plur~l jointly and ~eve~ally ff mor~ than one, and tMt the wwd "their" aa used ~nywhere i~ this MortysQs ahatl be taken to msan •,his; ••'Mn; '
' a"its;' wherwe~ the cont~at w impli~s a ~dmits. Also, thst whereva there is a ref~rence in IF~e covenann and aqreementt herein contained to amr of
:i= rhe puti~s h~reto, tFr sanw shall b~ cautrued to rrw~n ~s well +s the heirs, leyal npresentatives, successws snd assipro (~ither voluntary by ~ct of tM
~ psrties a imrolv~ury by oper~tion of ths I~w) of the ~ame and that tM covenants herein conuined shsll bind ~nd the benefits ind ~dwntpa inur~
to the r~ap~criw hein, Ipal rKxeseru+tivss, successors u+d ass°pru of tF+~ parti~s I+~reto. - ~
' And taid Mut9~ors, for 1Fnmselvts and their hein, le9al representstiva, wcctsson u~d auiyns, he~eby jointly and severally twenant sred a~ree ~
ro and with the said MORTGAGEE, iti svcces~ors and +uiyra: 4
~ 1. To pay ~!I and iirgulu tM principal and interest ~nd tM wrious and tu~+dry wms of nwney pay~bk by virtue of said promissory note, and this O
mwt~sp~. ~ach ~nd ewry, promptly on tM days ~esp~ctiv~ly tM same kwralty bccorr~ due.
2. To p+y all and sinyvlar th~ ta:es, au~ssm~nb. Iwies. tiebilit~es, oWpatiorn ~+d ~ncumbrances of every nature a~d ki~d now on uid dacrib~d ~
P?opertY• w that Mr~sher may b~ impos~d, ivffered, p~ated. Iwied, a~aessed tFKraa?. a tF?~t herufta may be tevied or s~sesHd upon this Mort~ ae
K~ ~e, a tM ind~btedn~ss u~vred hsr~by. ~ach and wery, whu~ dw a+d payable, auadirg to law, befae they becortw delinquent, and b~fas any imereit aco
~ attaches w any penalty is incwred; ANO INSOFAR AS ANY THEREOF IS OF RKORD TME SAME SHAII bE PROJIAPTLY SATISfIEO AND DISCMARGED OF p~
RECORO AND THE ORIGtNAI OFfIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, TNE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AllY ENDORSED
` OR CERTtFlEDl SW?U BE PUCEO IN THE HANDS OP S/110 AAORTGAGEE WITHIN TEN DAYS NEXT AiTER PAYMENI; aod in the erent that any tlxreof is not
- paid, sar'sfied ar+d discharged sa,d MORTGAGEE may at any time pay fhe iame a any psrt the~eof wi~hout w~iviny 01 affKtill9 ~ny option, lien, p~ity a
' •pht under w by virtue of thes mortgage ~nd the full amount of each and sve~y s~+ch payment shall be immediately due snd payabie •nd ihall beu interes+
;3 ~•om the date therwf until paid ~t rate of n~ne pe~ centum per annum a~d to9ethe~ w~th such interest shall be secured by the lien of th:s morpta~t.
~.ny : _
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