HomeMy WebLinkAbout2797 ti~~fviv -
. .
THIS INDENIURE. Mad~ tF~e 21St day of `July , A.D. 19?? betwe~r?
Blanton and Wood Construction~ Inc.~ a Rlorida Corooratio,Q
of $t. Lucie ~~~ry p~a~~~ ~~Q~na~tN detig~~ted as the "MORiGAGOR," ar~d FIRST FEDERAI SAVINGS AND IOAN
ASSOCfATtON OF FORi PIERCE, a corpaation orpanizcd a~+d exi~ti~q unde. ~M laws of ths United Stat~s of America a~nd havirg its principal pl~u of
butintss ln ~M City of Fon Pierc~, St. luci~ Cou~ty, Ftorid~, he~einafta desiynated as tFw "MORTGAGEE."
WHEREAS tM MORTGAGOR is justly indebted to the MORTGAGEE i~ the sum of ~ 261100. lawiul money of the Un~ted
Srates advsnced by the MORTGAGff unto the MORIGAGOR, as evidenced by a ce~tain promisswy note oi even date herewitb, of which the (ollowin9 in j
words and figures is a trus copy, towit:
i
~ ~ z 26 ,100.00 3-18i 592 ~
i
~ fort Pierce, flwids. •JU ly 21 • 19 72 '
~ For value received, 1, we o~ eithrr of us, promise to pay, without defalcarion, to 11a order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION Of ~
~ FORT PIERCE at fwt Pierce, Florida, tlx sum of t 2b ~100. w;th interest from date at the rate of per a~num, ie? month!y inslall- r
meMS ai ~OI~Owt: S 2'~1 •0O on the 1SL ~y of November ,~972 snd e like sum on the curespondirq day of each moMh there- ~
~ atter uMil the whole be fully paid. ?
Each installme~t first shatl be applied in payment of the interest and ~hen on the unpaid batance of the princtpai sum. IF d ault i~ made tn tlw +
i, payment of any insutlmeM when due, and such default co~tinues 30 dsys, 1hm at Ihe option of the holder, and without sny othe~ notice, all the remain~ng {
1~ ~nstatlments shail be dve and payable at once. Priv~lege is given to prepay this note in whole or in part at any fime without pen~lty. Neither forebearante,
~ nar acceptance by the holder thereof aiter any default in any payments he~eon, shail be deemed extension. A late payment charge of sl
O~
,SS shall be
added to each installment remaining unpaid 7 days aftcv its due date, snd a like sum shall be edded to each such i~stallment ~emaining u~paid 7 days after ~
~ sach succeeding paYmeM date. '
~ Exh maker, surety and endorser hereof, jointly and severally. waives demand, presentment proteat artd notice of protest fw nonpayment, and tunher ~
agrces to any extension of time of payment, either before « after maturity, witAout notice to any of us; and to pay all costs of collecteon, incfud~r?g a
reasonable attwney's fee in the event of any default hereunder, and hereby sevaally waives all benefit of homestead snd exemption under the constitutron {
and laws of each State of the United States, as against this obligation or sny ex~ensior? or renewat hereof. , '
w~~oess ~he hand aod ua1 oi cach Pa~ry. BLATJTON AND N100D CONSTRUCT~ION ~ INC.
BY; e~ lamec H_ Blantc~n„r Pro~irlon~pU
V C~rporate +eeal afti~ , c~~~ ~
~ ATTEST: s~ Julia F_ Wood~ Spcrptarv= ~pU
Treasurer ~ '
~ $39 .1 S ~ State Revenue
(`.s+mmptemdi~ as aripmalso~
NOW, THEREFORE, the MORTGAGOR for the purpose of secvrirg paymero of ssid sum of S 26 • 1~•~ , and tha perfwmance of the
covenants and agreemenrs hereinafter expressed, and for divers good snd v~lwble considerations, by these prest~ls, does grant, baryein, sell, remise,
retease, convey snd confirm unto the MORTGAGEE, ifs succeuors a~d auigns, all lF~st urtain bt, piece w putel of Isnd, tituate, lyi~, and being in the
County of St . L.l1Cle u?d Stste of Fbr~da, de~vibed ~s folbws:
i
Part of I,ots 12 and l3, IiQDEL LAND CQiPANY'S SDBDIYISICN of the #
N~ of Section 19, ~
Tvwnship 35 South, 8ange 40 East~ St. Lucie Coumty, Florida~ ss per plat thereof
on file in Plat Book 3, Page 63, of the Public Records af St. Lacie County, Florida,
more particular~r described as follo~rs:
The Nort.h 100 feet of the South 715 feet of the West 330 fest of the ST~~{ of the NF3~
of Section 19~ Trnmship 35 South~ Range 4~ ~ast; LES.S the West 33 feet for road
~
right of iray, ~
. _ - - --t ya ,,FR~ °F ~ ~ . i
~ .~~.a~ y~~, }
5TAT E ~F ~-L O R !DA ~ P~' ~ ~ : P`~0` ~
~ ~ ~ ~
t~ ~ " DE~CUMFJ~t7 . STAI+t~,
. P -TAX ~ ~;c~°,,~E } Av~s ~
-J ~ = MNi-T72 ~ , ~ = R~~.NED~~S.;'C ~N: F~ ; ~•1 ~~RA' ~E d~. i
a ~.t.«.nc..c 915 _ ou
R°t~< <o ~~c~R~s~, , ~
~ - ~ ~j
~p8,»o~ s ~ ~ ~Il ;
~ s
I
~ rogether with sll and singular tl?e tenements, hereditsmenh ~nd appwtu?ces thereunto belonginq ot in anywae appertsinirg thereb, ind al! ren», issws, i
oroceeds and profib aca~ing and to accrue from said p~emises, aU of whid~ ire included in the a6ove and fweyang descripYan ~nd h~bendum. ;
~ TO HAVf AMD TO HQLD the above described arid pnnted premises uMO t1~e said MORTGAGEE, its suaessors and augm forewr. Md tht iaid '
~ MORTG~IGOJ{ for 1 t~ hein, executws, admi~istrstus and ~uigrq, luteby coven~nri with the s~id MORTGAGEE, its suaessors ~od asiiyro, i
lt 1S i
that - . lawfully seized of the said premises in fee simple; that tM same ar~ fras, clear ~nd discharyed from ~II liens ~nd encwr~ ~
brances in law w in equity, and tMt ~t will ~nd lt 5 hein shall wurs~t ~nd defe~d tht titk to tM same to tM s~id
MORTGAGEE, its tuccessors snd suigns, fwever sgainst the tswful clsims and demands of aN peasons;
PROVIDED, ALWAYS thst if the MORiGAGOR shatl pay u~to fhe MORiGAGEE the promissory note hereinbefae desuibed u~d shall truly, p~omptiy !
and fully perform, diuhuge, e:ecute, complete, comply with and sbide by each and evsry the stipulaYwns, syreemenb, conditions ~nd covenann of ~aid
, prOmissoty rate and of this Mwtga9e, then this Mwtgage and the Esute he~eby aeated shaft ceas~ and be rarll and vobd.
IT IS UNDERSTOOD tFwt the word "Mwtgsgw" whether in the singular or plvra! anywhe?e in tl+is Morlyspe, shall b~ sinyul~r if on~ only a~d
sMll be plunl 'pintly and ~everally if more thsn one, and that the word "their' ss used anywhert in this Mwt9ay~ shall be taken to mtan "his;' "hen;'
ar "ib;' wherevcr the context so implies w admits. Alw, that wt~ereva the?e is ~ reference in tM covenann snd sy~~ementt F~ere7n contained to any of
the parties he?eto, tha s~me :hall be construed to mean as well ss the heirs, kyal repreuntatives, wccessors and assiyro (aither voluntary by at of tM
parties w involuntary by opcratan of tM law) of the same and that tF~e covenants herei~ contained ihall bind and the benefib +nd sdvant~es inw~
ro the respective heirs, leyal rcpresentatives, successors and ssryns of the p~rties hereto.
And said Nbrtgageus, fo? themKlves and their hein, kgal rep~eunfatives, successors uid auiyro, hereby joi~tly and severally covenant ~e~d a9ree
to and with the ssid MORTGA6EE, its suuessors and sssigns:
1. To pay ~II and iiigulsr tM principal snd imerest and the variovs and aundry wms of money payabl~ by virtue of said promiswry note, u~d this
mwtgsge, each and wery, promptly oe~ the dsys respectiv~ly the ssm~ sewraNy becoene due.
2. To pay sll and sirgulu the ta~es. ~ssessments, leviei. liabilities, obl;Q~tions ~nd e~cumFx~nces of every natur~ and kind now on said described
property, or thst hereaEter msy b~ impoaed, sutfered, pl~ced, kvied, w ~sseued thereon, or tMt he~e~ftN may b~ Iev'~ed or ~s~aed ~pon this Mat¢
age, a tM indebtedness secvred hereby, each and every, when d~e ~nd p~yabte, actorei~+p to I~w, befor~ they become delenqwM, ud before ~ny interes~
arraches o~ any pe~alty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII SE PROMPTIY SATISf1ED AND OISCNARGED OF
RECORD AND THE ORIGIIYAL OFFICIAI DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTtON PAPER OFfIC1AllY fNOORSED
OR CERTIfIED) SHALL BE PtACED IN THf HAMDS OF SAID MORTGAGEE WI?NIN TEN DAYS NEXT AFTER VAYMENT; a~d i~ tlx event that any thereof is not
paid, sat'sfied and d~scharged sa:d MORTGAGEf may at a~y tirtse paY the same a sny psn thereof withovt waivinp w affecti~y any option, lien, equiry or
•~aht under w by vinue of ihis mortgsge snd the full amount of each and every s~ch paymenf sh~N be immediately due ~nd payable and shall bear interest
~rom tl~e dare thereof until paid at r~te of nine per centum per annum and toyethe? w~t~s~h shall y the lien of th:s moryta9t.
~6~4~
~
~ i~'r' j i ' _ _ r .~,~,i
~'~;''.~a*~.L-~~'r ~ ~ -3, ~ ~~C"
~5~°a.. ~ .