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Home My WebLink About1095 rGafa7 l~~G ~ ~HIS INDENTURE, /N~de the ~ 7th day of AL1QU3t. Wil~ iam M Blanton and Lois Blanto his . A.o. i93~' ~n~~+ i~,~~.fe of - Lucie , Counfy Florida, hereioafter designated as the "MORTGAGOR;' and FIRS) FEDFRAI SAVINGS AND IOAN ASSQCIAIION Oi FORi PIfRCE, ~ corpaation ag~nized and exiiting under ~he lawi of tM United Sut~s of America and having its principal pl~ce of busineu in th~ City of fort Pi~res, 51. lucie Covnty, Florida, hereinafur desiynated ai tM ~MORTGAGEE." WHEREAS the MORTGAGOR is ju~tly indebted lo the MORTGAGEE in the sum of i ~ 2s ~0• ~ , goad and IawFul money of the U~~ted Srates advanced by the MORTGAGEE umo the MORTGAGOR, as evidenced by • certain p~omiuwy note oi even date herewith, of wh~ch the followir?fl in wordi and figuret is • trvs copy, to-wit: ! : 12,000.~--- r,,o_ 3-18,686 ' Fort Pierce. Ftwida, Au~L13t s 19~ Fo? val~e rcceived, 1, we or either of us, promise to pay, wi~lwut deFalcarion, to the order of FIRST FfOERAI ~SAV~INGS AND IOAN ASSOCIATION OF fORi PIERtE af fwf Pierce, Florida, fht sum of S ~ 2s ~ ~ with interest from date at the rate of 1•~ 96 per annum, in monthly instal6 ments as follows: = 97 on 1he ~ st d+y of December , ~q_~ and a like sum on the correspo~d~rp day of each month tF?err after until the whote be fully paid. ~ Eac6 installment first shall be applied in payment of ihe interest and lhen on 1he unpaid balance o( the princtpat sum. If d autt is msde in the ~ payment of any insfaltment when due, and such defav!? cont;nues 30 days, then at the option of the hotder, a~d without any otF?er notice, all the remaining ~ns~allments shall be due and payable at once. Privilege is givm fo prepay this note in whole or in part al any time without pe~alty. Neither forebearsnce, nor acceptance by the holder thereof after any default in any payments hereo~, shatl be decmed extension. A late payment charge of = 4•85 shall bs added to each installment remaining unpaid ~ days after its dua date, and a like sum shall be added to each such installment ~emaini~g unpaid 7 days ahe~ each sutteeding payment date. Each maker, su~ey and endorur hereof, jointly and severally, waives demand, presentment protest and notice of protes~ fw nonpayment, and further agrees to any extension of t7me of payment, eitf+er before w afte~ maturity, without ~ot~ce to any of us; and to pay a!I costs of collection, includinp a reasonabk attorney's fee in the evenl of any default ixreunder, and hereby severally waives all be~efit of homestead and exemption under the twutitution and laws of each Sute of the United States, as against this obligation a any extension w renewal hereof. Witness tha hsnd and ual of each party. ~ll~alll M. B1811tOri (SEAU (S~+U S/Lois Blanton ~E~u ~ a • ~ ~1 State Revenue ~U NOW, TNEREFORE, !he MORTGAGOR for the purpose of securing payment of said sum of = ~ 2s ~ and the perfwmsnce of the cove~anb and sgreements hereinaftcr expresaed, and for divers good and valuable considerations, by thex presents, does gra~t, bargai~, selt, remise, rel~a3G, convey snd coniirm unto the MORTGAGEE, its succeuws and as~igns, aN tiwt te~tain lot, piece w parcel of Isnd, situate, lying, and being in the County of Lueie and State of Pbrida, de~cribed as follov~: The East of the follo~ring described property: That part of the West 280 feet of the East 600 feet of: S'~ o£ Outlot 7 and I~ of OutZot 8, according to a Plat of WHITE CITY, as recorded in Plat Book 1, page 21, pnblic records af St. Lucie County, Florida, said lots Zying and being in E'~ of S~ of Section 4, ToWnship 36 South, Range 40 East; Which lies South of the folloi,ring described line: Co~nencing at the Sg corner of the above described land, and on West right of xa~y of Olean3er Avenue, run thence North along the West right of ~ray Iin~e of Oleander Avenue, a distance of 131.25 feet for the point of beginning; run thence West at 90 degree angle Frith right of xay of Oleander Avenue, and parallel with the South boundary of the above described land 970 feet; run thence South~resterly to a point xhich is 20 feet North of the South boundary of said land and 1060 feet West of the East boundary of said land; continue West parallel irith and at a distance of 20 feet from the South boundary of the above described land to the East right of Way of Citrus Avenue. LESS Right-of ~aay for Buckeye Drive _ IN PAYMEI~IT pf TIU~,'t ~ 0!E ON CtASS'C INTMIGIBLE PERSONAI pRppEqn~ ; PURSUANT TO C~IAPTEg 71-13~, ACTS OF 1911~ 1~GER Pp~T1tl{S AERK CIRq1R OOURT, ST. LUCIE Cp. f1~ rogether with •II and singular the teneme~ts, hereditaments snd sppu~tances therevnto belonging o? in ~nywiae ~ppertaining thereto. ~nd all r~nq, iuves, ~ p~oceeds snd prof~ts ~cuuing and ~o acwe from said premises, all of which are inclvded in tha abovs and forepoing descriptan ~nd hsbe~dum. ~ TO HAVE ANO TO HOlD the above described and grinted premises unto the said MORTGAGEE, its s~ccessas u~d auigns foreve~. Md the said MORTGAGOR fa thelZ i,e;rs, executors, sdministraton snd assigns, hereby covenants with the ssid MORTGAGEE, in successors and aui~ro, # the are ~ rhat y lawfully seized of the said premises in fee simple; th~t the sams ar~ free, clear and dixharged from all liera ~nd encu~ brancet in I~w or in equity, and tl~at they will and their Fxin shall warrs~t and defend tM title to the s~me to the said ; MORTGAGEE, its succesxors and auigns, fwever sgainst the lawfvl claims and demands of alt perswn; ~ PROVIDED, AlWAYS that if the MORiGAGOR shait p~y unto the MORTGAGEE the pramiuory ewte he?einbefoie described and shall truly, promptly ~ and fuil rform, diuhar e, execute, com kte, cam I with snd abide b each and ev ~ Y P~ 9 P P r Y ery the sripulstioni, agreements, conditions snd coven~nn of said ; promis~qy note +nd of this Mortgage, then this Mortgage a~d the Estate hereby ue~ted sMlf uase u+d be nutl ~nd void. ~ It IS UN~ERSTOOD th~t the word "Matgsgor" whether in the sir?gutar w plural anywhere i~ this Mortgage, thall be sinyulu if one only and shall be plural jointly snd xverslly if mora than one, and that the wwd "their" as u~ed snywhere in thn Mwtgay~ shall be tsken fo meu? "hi~,•• ••hen;• ~ or "in;' wherever the context w implies a admits. Also, that wherever there is ~ reference in the covenants and agreements f~erein tontained to any of rhe panies hereto, the same shall bs constiued to mean as well as the hein, kgd represent~tiva, successors and auipiu (eithe~ voluntary by ~eY of th~ ` parties or involumuy by oper~tion of the law) of the same :nd that the covensnts herein contained sFull bind ~nd the benefits and adwntayes iiwn to the respective hein, kgsl ~epresentatives, successors uid ~u'gns of the parties hereto. Md said Morfgsgon, fw themsetves ~nd the:r heirs, legal representatird, suaesson and suigns, hereby jointly and xverally wvensnt and ~ree +o and with the uid MORTGAGEE, its succeuas and aui9ro: ~ 1. To pay sll and sirgvlsr the printipal and imerett snd the vsrioos and aundry wms of moneY paYable by virtue of ssid promis~ory note, s~+d this mortgs9e, each and every. promptly on. the days respectively fhe same severally become due. 2. To p~y att snd tingulsr the t~xes. ~asessmenq, leries, liabilir~es, obligatia» and encv~+b~snces of every nature and kind now on said dascribed ~ property, or that hereafter may be imposed, suffered, plxed, levied, or ~uessed tF?ereon, ot that hereafter may be levied p ~ssessed upon this NIwt9- ~ age, a tM indebtedness tecured haeby, each snd every, when due and payabl~. according to taw, before they become deiinquent, ard befwe uryr imeresr j atrathes o~ any penalry is i~curred; AND IN54FAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISf1ED AND DISCHARGED OF ~ RECORD AND THE ORIGINAL OFfICIAI OOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFfICIAILY ENDORSED ; OR CERTIftEO) SHAII BE PLACED IN iHf HANDS Of SAID MORTGAGEE Wt~HIM TEN ~AYS NEXT AF1ER PAYMFNT; and in the event thst sny thereof is not ~ paid, sat'sfied and dixharged sa:d MQRTGAGEE may at any time pay the same o~ any pan thereof witiw~t wsiving w affecting •ny option, lien, equity or •~qht under or by virtue of this mortgsge snd the fvll smovnt of each and every such payment shall be immeliately due snd payable and shalt bear interest ~ ~rom the date thertof vntil paid at rete of n;ne per centum per annum and toge~her w~th ~utj~ in r sf_ shsll be secured by the lien of th:s mwytspe. + ~ Bt3GX ~5 PA~~1U95 S ~ N ~y~ . ,.r _ . J y ~ .'+~f ~ r'~+t r~d~~'` . ' ~ ~i y. C E~.wK~t~+"'-~ . Y+~`..' 31Ve ~}a~.