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Home My WebLink About1547 240418 ' ~ )Hi5 INDENTURE, Made ~he 20th d~y of _ ~CtOber A.~. 19 72 between Blanton and Wood C onstruction, Inc., g F lorida Corporation of St• t'llCie County Florida, hereinaft~r des~g~:~•ed as the "MORTGAGOR," and FIRST fEDERAI SAVINGS AND IOAN aSSOCIA~ION OF FORT PIERCE, a corporat~on organized and exisring under rhe laws of ihe Un+ted Sfatas of America and having its principal place of b~smess io the City of Fort Pie~ce, St. luc:e County, Florida, hereinaiTer des~gnated as the "MORTGAGEE:' WMEREAS the MORTGAGOR is justly indebted to Ihe MORTGAGEE in the ~um of S 23~~0•~ good and lawful money of the Uniled States ad~anced by the NtOR1GAGEE umo tne h10RiGAGOR, as e~idencad by a certam prom~ssory note of even dafe herewith, of wh:ch the ioilowing in .~ords and figures ~s a~rus copy, to-w~t: s 23,800.00 No 10p18962 Fort Pierce, Flwida, ~tO~I Z~y 1972 For valur r~e~ved, 1, we or either of us, prom~se to pay, without defalcat~on, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSOCiAT10N OF FORT PIERCE at foit Pierce, Florida, ?he svm of S._?3~8~_!~ v,rlth interest from date a1 the ~ate oi7 • 5 °o pe~ annum, in monthly install- ~:,en~s as foI'o.vs: S-1?6!~-- on the ZS~ day of _,FebYll~Iy , i9 73 and a like sum oa the correspond;ng day ot each month there- a~rer until the whole be fvlly pa~d. fach installment first ahall be app~~~d in payment of fhe ~nteresl and ~hen on the unpa~d balance of the princ pal sum_ If d ault is made in the ~ a;ment of any instatlmeN when due, and such defau't conN~.~zs 30 days, then at the opti~n of the holder, and wirhour any other norice, a!! the remain~ng :~~srallmenrs shail be dve and payable at once. Priviie9e is g~aen to prepay this note in whole or in part at aoy t~me without penalty_ Neither forebearante, nor acceptante by the holder thereof aftrr any default in any payments hereon, shall be deemed eatens~on. A late payment charge of S g~~, shall be aeided to each instaliment remaining ~npa~d 7 days af~er its due date, and a lile sum shail be added lo each s~ch instalfinent remaining unpaid 7 days after each succeeding payment date. Each maker, surety and endorser hereof, jo~~tly and severa~ly, wa~ves demand, presentment protest and not~ce of proteat ior nonpayme~t, and further a,-ees to any eztension of nn:e of payment, either before o~ after mat~rlty, without notfce to any of us; and to pay all tosts of coltection, includ:ng a ~aasonable attomey's fee in the evenr of any deEault hereunde+, and hereby sevefaiiy waives all benefit oi homestead and ezemption under Ihe constifution .,~,d laws oF each Srate of the Unlted Statzs, as aga~nst this ob~igaYcn or any eatension w renewal hereof. Witness the hand a~d sea? of each pa~ty. BLANTON AND WOOD CONS?RUC?ION~ INC• ' BY: _S/Jaaes H. Blanton~ President~EAi~ "nrno~-at~ ~'~al ^~fix~~ p~gT•_S/Julia R. Wood Secretary- ~A~~ ~ ~senu Treas~~reY ~s~i) ( ~~5•7O ) State Revenue 23 800.00 NO'N, THEREFORE, 1he MORTGAGOR for the purpose of tecuring paymenf o( said sum of S ~ and the performance of the covenants and agreementa hereina(ter expressed, and for J~vers good and valuable considerations, by these presents, does grent, bargain, sell, remise, release, convey and conf~rm unto the MORTGAGEE, its succeswrs and ass~gns, all that certain lo~, piece or parcei of Isnd, situste, lying, and being in fhe County of $t. I'L1Cie and State of Fbrids, described as foNows: The West 16 feet of Lot 2, Lot 3 and the East 27 feet of Lot 4, Block Z1, RIVBRDALB YA~CHT CLtB BSTAT6S, UNIT ~2, as per plat thereof on file in Plat Book 6, Page 40, re- corded in the public records of St. Lucie Caunty, Florida. s .~ai? . . . .\4..~~ . ' } ~S• •fi- `::C~..+'tl.f'_ . ,n STATE ~F FLO R~ D Q. ~ ~ IM M1rilEM ~ TARQ DOCt~M~NTARY,~--;;~STAMP tt, y ~ °c-+ ~ DEPT. OF (tEYENUf i'~ ~ ~ 1N(ANG~/LE fERS~KAI rROPERIY, ~ ' ' ' = 3 5. 7 0 :u'~w"i ro a~rr~e ~crs ~ i~t~. ~ _ T~ I z I ~oc~ ro~a~ o P.~. ' ~ o =11 f 02 ~ + CLFaK q~Iq1R OOUaTj ST. WC1E 00, Ftll togeth~r with all and singular the tenements, heredifaments and appurtances thereunto belonging w in •nywiu appertaining fhe?eto, and ~II renti, is~ues, p~oceeds and profirs accruing and to accrue from said premises, all of which are included in tF~e above and iwegoing description end habendum. TO HAVE AND TO HOLU the above described and granted premius unto the said MORTGAGEE, its successors and assiyns forever. And 1FN said MoRTGaGpa for ---1~----- he;n, executws, administrators and asaigrts, i~ereby covenants with the said MORTGAGEE, in s~ccessas ~nd aiigro, rhat lt 1S ~awfull se~zed of the said y p~emises in fee simple; that the same are free, clear and dixharged from •II liens and encuer~ brances in law or in equity, and that it will and ltg heirs shall warnnt and defend the title to the ssme to the ~aid MORTGAGEE, it~ successws and assigns, forever against the lawful claims and demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR sha~l pay unto the MORTGAGEE the ptomi~sory note hereinbefwe dexribed and sh~ll fru~y, promptly and fully perform, discharge, execufe, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenants of ~sid prom~uwy note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be nuH •nd void. IT (S UNDERSTOOD that the word "Mwtgagor" whether in the singular or pf~?al anywhe~e in th~s Mortgsge, shall be tin9ular if one only ~nd shall be plural jointly and severally if more than one, artd that the word "their" as used anywhere in this Mortgage ihall be taken to mean "his" "hen;' o+ "its," wherever the conteat so implies or admits. Alw, that wherever there is a reference in the covenantt ~nd agreements Fxrein contained to :ny of the panies hereto, the same ahall be construed to mean as weli as the heirs, legal representalives, successwt end assig~s (either vofuntary by act of the parfies or involuntary by operation of the law) of the same and that the covenants herein contained shall bind and tFx benefits and advantages in~r~ ro the respective heiri, legal rep~esentatives, successors and ass~gns of tke parties hereto. And said Matgagors, fw ~hemselves and their heirs, legal representatives, successors and auigns, hereby jointiy and severslly coven~nf •nd a9ree +e and with the ssid MORTGAGfE, ifs successors and assigns: 1. To pay all and singulsr the principal and interest and the various and svndry sums of money payable by virtue of said promissory note, and thi~ :nortgsge, eacF? a~d every, promptly on the dajrs respettively the same seve?ally become due. 2. To pay all and sing~lar the taxes, assessments, levief, li~biliries, obligations a~d encumbrances of every nsture and kind now on said dewibed property, a thst he~eafter may be imposed, suffered, plxed, levied, o~ •ssesscd thereon, or that hereafter may be levied w asseued upon this Mort¢ age, a the indebtedness ucured hereby, each and every, whe~ due and payable, xcordirg to law, befwe they become delinquent, and before ~ny int~rest attathes or any penalty is inturred; AND INSOF~tR AS ANY THERfOF IS OF RECORD TMf SAME SHALL BE PROMPiIY SATISfIEp AND DISCHARGED OF RECORO AND THE ORIGIhAI OFfIC1Al DOCUMENT (SJCN AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENDORSED OR CERiIF1ED) SHALI BE PIACED IN 1HE HANDS OF SAID MORIGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event ~hat any thereof is ~or pa~d, sat'sficd and d~scharged sa'd MORTGAGEE may at any ttme pay the same w any part thereof withart waiving or affecting any opt~o~, lien, equity a •~~ht under or by virtue of this mortgage artd the fult ~mount of each and eve?y such payment shall be immediately due and payable and shall bear interest s~om ~he date thereoi unrii pa;d ar rate of nine per cenrum per annum and roqether w;th svch interest shal) be setured by the lien of th:s morgtaye. 0!C'UK ~ 1 f~l,1 V ~ ~ - ~ ~m ~ . ~ T-~~.~ -