HomeMy WebLinkAbout2826 iHiS tNPfNTt1RE. Made ~he 7 L h day of ~C ~m~~ r A.D. 19_~., between
_ Blanton and Wood Construction, Inc.. a Florida Cor.poration
af St . ~.UC 1@ Counfy Florids, here~nafter dei~ynared as the "MORTGAGOR,° and FIRST FEDERAI SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCE, ~ corporation organized and existi~g under the taws o( the tJnited Star~s of America and having its p~+nc;pal place of
b~sineu in 11~e City of Fort Pierce, 51. lucie County, florida, he~einaiter das~gnated as the "MORiGAGEE:'
WHEREAS the MORTGA!'~OR is justly indebted to 1he MORTGAGEE in the sum of S 21.6~.~~ , good and lawful money of the U~:ted
States advanced by the MORTGAGEE u~to the MORTGAGOR, as eviJancrd by a certa~n promissory note of even date he~ewirh, of wh~ch the fo!lowing in
~nords and fegures is a frue copy, towit:
; 21 ~,600 . 00 No_l.C~~ l g 1 S7
Fort Pierte, F~w~da, _ December 7 ~q~,Z
For value received. I, we w either of us, prom~se to pay, wilhout defalcat~on, to the o~der of F!RST fEDERAI SAVINGS AND LOAN ASSOCIATI~N OF
`ORT PIERCE at Fort Pierce, Florida, the sum of S-?i b~~_~~__ wuh interest from date at the rate of ~7a~o per annum, in monthly install-
~~~rnts as fol!o~vs: 5--1~QaQQ_ on the day of F~~tC~l 19. __Z3 and a like sum on the correspond~ng day of each monfh there-
,~trer vnti! the who:e be fully paid.
Each ~nstallment fint shall be app6rd in payment of the interest and then on the unpa~d lulance of the princ~pal sum. If default is made in the
tayment of any insta;lment when due, and suth default continues 30 days, then at the option of the ho:der, and without any other notice, atl the remai~ing
'~~sratfinenrs shall 6e due and payable at once. P~Fvilege ;s given to prepay this note in whole or in part at any t~~ne without penatty. Neithe? faebearance,
no, atceptance by fhe holder thereof after any default in any payments liereo~, shalt be deemed extension. A!ate payment charge of S_- 8~4, shall be
+dd~v! to eath instalimeni remaining unpa~d 7 days afte~ its due date, and a like a~m shall be addrd to each such installment remaining unpoid 7 days aiter
each succeeding payrnent dare.
Each maker, surety and endorser hereof, jointly and several~y, waives de+nand, presentmeni proteat and notice of protest for nonpaymenf, and further
agrees to any extension of ume of paymen/, either betore or after maWrity, wlthout not~ce to any of us; and to pay all costs of collectioo, includ~ng a
reasonabte.attwney's fee ~n the event of any default hereunder, and hereby severally waives a!7 benefit oi homestead and exempfion under the constitution
3nd laws of each S~ate of the United States, as aga~nst this obGgation w any eate~sion or renewa hereof.
W~tness the hand and seal of each party. BLAYTON AND D CQVSTRUC'TION , INC•
' cseai)
. - . BY: {~j,?q
Corporate Seal Affixed ~~A~~
ATTEST: _ s/ Julia F. k~ood, Secretary-~s~~)
t- S 32 • 40 ) Sfate Revenue
~S ~ Treasurer
NO'N, THEREFORE, the MORTGAGOR for the purpose of sccuring payment of said sum of j 21 ~ 6~ _ n~ „ artd the perfwmance of tl~e
covenants and agreements here~nafter expressed, and for divers good and valuable considerations, by these presents, dces grant, bargain, sell, rem~se,
r<lease, convey and confirm unto the MORTGAGEE, its successas and assigns, all tha~ certain lot, piece or parcel of (and, •ituate, lying, a~d being in tha
County of, $t • L~~C le , and State of Fbrida, deuribrd as fotiows:
Commencing at the N4~' corner of the SE 4 of the NE ~ of the 5E iq of Section 12,
To~vnship 35 South, Range 39 East, run South along the West line thereof 100
feet to the point of beginning; thence turn and run East parallei to thP North
line thereof, 201.8 feet to a point; thence turn and run South parallel to the
t~:est line thereof 150 feet to a point; thence turn and run k'est parallel xith
the Yorth line thereof,l01.8 feet to a point; thence turn and run North paralle~ _
aith the West line thereof, 150 feet to point of beginning; said land being
also described as the SoutE~ 25 feet of Lot 40, and all of Lots 41 and 42 of ~n
unrecorded plat of SB 4 of NE of SE 4 of Section 12, Township 35 South, Range
39 East.
FX('EPTING THEREFROM, rights of way for public roads and drninage canals. i
oE ~~n
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rogefher w;th all and singular the tenements, hereditaments and appurtances thereunto belonging a in snywise appertaining thereto, and all rentt, issues,
proceeds and profits accruing and to accrue from said premises, all of which are induded in the above and foregoing desaiption and habendum.
TO HAVE AND TO HOLO the above described and granted premises unto the said MORiGAGEE, its successws and assigns forever. And /F~e said
MORTGAGOR fw --1 L S heirs, executors, administrators and assigns, hereby covenants with the ~aid MORTGAGEE, its suctesiors and auigru,
rhat - 1 L 15 tawfully seized oF the sa+d psemixs in fee ~imple; tiut the same are free, clear and discharged from all liens a~d encum-
trances in law or in equity, and that lt w;ll and lt5 heirs shall warrant and defend ehe title to the same to the said
MORTGAGEE, its successors and assigns, forever against the lawful claims and demands of all persons;
PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTvAGEE Ihe promissory note hereinbefwe deuribed and sha~I fruly, promptly
a~d fully periorm, discharge, execvte, comptete, comply with and abide by each and every ihe stipulations, agreements, conditions and tovenants of said
promlxsory note and of this Mortgage, then this Mwtgage and the Esrate hereby created shall teax and be null and void.
IT IS UNDERSTOOD that the wwd "Mortgagor" whether in the s~ngular w plural anywhere in this Mortgsge, shall be singular if one o~ly and
ahall be plural jointly snd severaity if mwe than one, and that the word "the7r" as used anywhere in the~ Mortgage shall be taken to mean "hi~;' "hers,"
or "its;' wherever the context so implies or admits. Also, that wherever there is a reference in the cove~anti and agreements herein contained to a~y of
rhe parties hereto, the same shall be construed to mean as vyell as thel~eirs, legal representatives, successon and assigns (either voluntary by ect of the
parties or involvntary by operation of fhe law) of the same and that the covenants herein contained shall bind and the benefits and advantages ~nure
!o the respedive heirs, legal representatives, successors and ass~gns of the psrties hereto.
And said Mwtgagors, for themselves and their heirs, legal representatives, sutcessors and assigns, hereby jointly and severally covenant and agree
to and with the said MORTGAGfE, its successws ar~d assigns: '
1. To psy a11 snd sing~lar the princ;psl and interest and the various and sundry sums of money payable by virtue of said promissory note, and this
mortgage, each and every, promptly on the days respect~vely the same severally become due.
2. To pay all and sing~lar the taxes, assessments, levies, Iiabilities, ob!igations and encumbrances of every nature and kind rww on said dexribed
property, or th~t hereafter may be impo~ed, suffered, placed, levied, or auessed thereon, or that hereafter may be levied or assessed upon this Mortg-
age, w the indebtedness tecured hereby, each and every, when due and payable, according to law, before they 6ecome delinquent, and befo~e any interest
atraches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD 7HE SAMf SHAI! Bf PROMPiLY SATlSFIED AND DISCHARGEO OF
RECORp AND THE ORIGIhAI OFFICIAI DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTiON PAPER OFFICtAILY ENDORSED
OR CERTIFIED? SHAIL BE PLACED IN TNE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; artd in the event that any thereof is not
pa~d, sat'stied and dixharged sa'd MORTGAGEF inay at any ';me pay the same or any part thereof without waiving or affecting any option, lien, equity a
•~~ht under or by virt~e of this mortgage and the ~ull amount of each and every such payment shall be immediately due and payable and shall bear interest
~~om the date ther~f unti! paid at rate of n~~e per centum per annum arsd together w;th sOh~nt 11 ~K~~h~ lien of th:s morgtsye.
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