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HomeMy WebLinkAbout1088 2485Q0 ~ THIS IN~ENTURE. Illl~d~ t~ 23rd d,y ~ Rebruary . ~?.o. %1,9, ~.n,,,.~, Benjasin D. Black~rell and Phyllia H. 81ack~rell, his ~rifQ of St• ~.UG~E ~~q~ty Fioiida, Mtsinift~r dtsy~uted u tt.E "MOYT,^ai~~3pR;' and FIRST FEt~ERAI SAVING$ AND ~OAN ASSOCIATION Of FOkT PIERCE, ? corpaatia? a~paniud and txii!inp w~dK tM bws oi tM Unit~d Sqt~s of Mkriu ;nd 1?WZrp iq princpal plin of busu»ss in rM City ot Fort Pi~ru, St. 4,w Cou~r~, Flwida, iw~~irwhK d~sipnated ~s tl» "NUORTGAGEE." ' WHERFAS trn 1NORTGAGOR k' ti ~nd~bfsd ro tM MORTGACsEE in t!w sum oi i 8• 7~• ~ ws Y~ , good +nd lawful ma~sy of the United Sfate~ +dvanced Ey th~ MORTGAGFE u~to the MORTGAGOR, ~s wicknced by a certa+n promissory ~o~e of even date t+~rewith, of which tht fdlowinp in wwds and fiyurq is a trw copy, to-v~rit; 1~1~67 ~ 8s7Q0~~ ty, • wn P;~,u. Fb,;d,~ Februarp 23 19 73 fw vat~,e received, 1, we w either of vs, prom~ss ro p+y, without defslc+~ion, to ttie wder of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at'Fort Yierce, Fbrida, the ;um of = 8•7Q0-~ w;th in~erest from date at the ~ate of ~Z~ pe~ aonue+. in mo++~hly instal{- ,,,enn as fol:ows: ~ 72.00 lOLh ~y of April ~9_ 73 and • like sum on the correspo~dinp day of each month therr after until the vrhole be fully paid. Eacl~ instaltment first shall be applied in payment of ~he inteiest and then on K~e ~r..paid balance of the princ;rsal swn. If defaulr is made in the paYmenr of aoy ins~atlmenr when due, and such defauh continues 30 daya„ then st the optwn of the holder, and without any oehe. ratice, all ~he remaining ~nstallments shall be due ar~d psyabk at axe. Privilege is given ro preFey this nose in whole or in pari st a~y time without penaity. heit'+er forebra~ance, nor accepl~nc~ by ~he holder thereof after ~ny defeult in anY paYmertts hereon, sIw1I be dee.n..d extension. A lare payment charg~ of i 3~60, sMll bt ~dded to ~ach instaltment :emain&g ~xrpa;d 7 days af?er ib dw d~te u~d a-like wm shall be added to each such instailment remsini~g unpaid 7 days after ~ each succeeding p~ymeol date. i Esch rr~ke~, surety and endo~ser hereoE, jointly and uvcrally, w~ives demand, presentment protest and notice of protest iw nonpayment, a~J further agrees ro any exte.nan of ~;me of payment, eiti~er before a afte~ matur'~ry, without *+otice to any of us; and to pay all costs of collectan, inctud~ng a reasonable attwney i fee in tha ~VMI Of ut~ defsuh hereu~de~, and hereby severally waivcs all beoefit of homesread and excmption u~der tl+e coostiwta~ and laws of each State of the Un~red States, as against this ob! ~atio~ o? sny extEnsio~ w renewal hereof, j WitrKSS the hand and seal of eath party. ~ s/ Benjasir~ D. Black~rell ~ cs~?U s/ Phyl l is H. elaclc~tell ~~U ~ $23.05 i St~te Revsnue (s?awrpr wwcaiki M ~iyiwd ~t~}- ~ NOW, iHEREFORE, the MORTGAGQR for the purpose of secvrir,g payment of said sum af = g~ 7~' ~ , ~nd the performance of tM coYe.~ar?n and aqrsemer.ra hereinaf~er expressed, u~d fo~ dvcrs good and wlwble considerations, by these presents. does g:anl, bsaysin, sell, remise, refease, conwy and conf'a~ ~nro fhe MORTGAGEE, its wccessort ~nd auigns, all that ccn~in la, piece or paroel of I~+~d, situate, lying, and ~sing in ths Count~r of St . Lucie ~~~~a of Plwida, deuribed as followu Lots 1 and 2, Block D, RIVBRVIBW MANOR SUBDIVISION, as per glat thereof on file in Plat Book 9, Page N~, Public Records of St. I.ucie County, Y Florida : ~ . s t : ORp~-~ x t ` ; ~ ~ ~ M 1~'tAR1' .~~~...,~jA~--M-,"~ ` t , ~ c~ o~ _ pQ1,pi RE11~~ 1~!~ O 5! R~ry~p 7_ O tN PAYf.~lEIVT OF TIU4~ ' ~7 ~ , ~ ~ _ ~ F~l2~73 " ~ Dl~ OK ClASS •C INTIWGIBlE ?E~~3:: ~.?t P~07ERIY, ''i', o - _ PURSIMNT TO CINP7ER 71•134, ACiS OF ly/i. 3 . w o ~ 1I102 ROGER PQITRp,t /f1 ~ ~ CLEA'1( CIAq1R COl1RT, ST. LuCIE CO., ftA , ~ ~ + ~ ~ rogefher with sll and s+rgular the terKments, hereditaments and sppurtanccs thereunto belwginy or in anywix appertsining rhereto. ~nd all renri, issves, Proceed~ and p.ofin suruing snd to accrw from ssid prcmi~es, all of wli~d+ ue includ~ri in the abovs and fore9oirg descripYan and haberKlurt~, TO HAYE ADeD TO HOW the above described and g~aMed pem~ses uMO the said lYSORTGAGEE. its suocesson and ~uiyns foreve~. Md tM s~id ti,ORTGAGOR fa thQiX - heirs, executon, administratora and augro, hcreby coven~nts with the ui.~ 1NOStTGAGEE, ib waeswn ~nd assiyiu, rhat thQX aYg lawful~y seized of the said premises in fee simple; tMt the ssm~ ue free, cleu and dixh~ryed from all lieru and encum- brarxes in !aw w in equity, uid thst thev ttl@1= he;rs sh~ft wursnt a~d defend th~ titb Io ths sam~ ro tM said MORiGAGEE, in succeuo?s ~rid ~st+gns, foreve~ against the lawfvl claims and demands of ~II penons; PROV?DED, ALWAYS that if tbe MORfGAGOR shall psy uoro the MORTGAGEE tlw ptomissory note hereinbefore dexribed u~ sh~ll trvly, promptly and fully periwm, disch~rge. execute, compkte, comply with snd abide by esch and every the stipulations. s~reemenri, tonditia+s and coven~nts of said prom;uwy note and of tF?a Mortgs9e, then this Mortgaye and the Ettate heraby crestcd shall cesse snd be nvll snd wid. iT IS UNDfRSTOOb th~t the word "Mortgagor" whether in the s;rgular w plw~l ~nywhere i~ this Ma~tysge. shsll b~ imyular if one only s~+d snall be plwal 'pintly ~nd seve~ally if more fhan w~e, and that tMe word "their" ss used a~ywfiere in this Mortgsge sh~ll be taken ro mes~ "his," '7+en," or "i»;' v.herever tl+e context w implies or admin. Abo, thst wherever there is a reterence in ~h~ co+~en,nn a~d .~?eeme~n here~n aoma~ned a sny of rhe psrties hereto, the seme shall be constnud to me~ ss well ss the heirs, legal rspresentatives, svaesson and assigm (either volunlsry by ~ct of the parties or invduntary 7^v operation of the lawl of the same snd that the covens~+b herein conbie~! sAall bind and the benefits and advantaQes inure ro the respecti,rc he~rs, legal represen~atives, successors snd ~ss~yns of the puties hereto. Md ssid Mwty~Qors, for tl+emselves snd fheir hein, leqal represent~tives, successon and sui9ru, hereby joinNy and severs{!y coren~at snd apree ro and with the ssid MORTGAGEE, in successas and auigns: 1. To pay all a~+d airgula~ tf~e pr3nciFal and intaest ~nd the various ~nd s~ndry sums of mo~ey paYable by virtw of ssid p?omFuwy note, and this morrysge, each ~nd ev~ery. p~orr+ptly on the dsys respectively the same severatly become due. 2. To pay all and sirgvlar the r~xes, sssesunenn, levies. liab~l~ries, ob~i~tiora snd encu~rnbr~nces of every narwe and kind now on said deuribed P~~~Y, a that hereahe? may be impwed, wffered. P~+ced, levied, or ~ssessed thereon, or th~t hereaNar may be levied a usesud upon this Mwty- age, or the indebtedness secvred 1,ereby, sxh and every, when due and psyable, accordinp ro law, before they become defioqvem, and before aey iMerest attathes o? ~ny pe~slty is incurred; AN~ INSOFAR AS ANY THEREOf IS OF RKORO TiIE SAME SHAII BE PROMPTIY SATISFIED AND DISCHARGED OF RECOR~ AND THE ORIGINAL OFFICIAL OOCUMENi (SUCH AS, FOR INSTANCE, THE TAX RfCE1PT OR THE SATISFACTION V/1PER OFfICIAIIY ENpOR5E0 Ck CERTIf1ED) SHALL BE PIACED IN THE HANDS OF SAIp MpRTGAGEE WITHIN TEN ~AYS NfXT AFTER PAYMENI; and in the event thst any thereof is rwt paid, sat'sfied and fisch~rged sa:d MORTGAGEE may ~t any time pay the same or any part thereof witFwut wsiving n~ affectiny arry option, tien, eqviry or •~qhf under o~ by virtue of this morrqage and the full amo~nt of exh and every such payment shall be immediately due +~d payabk snd shall bear interest ~rom the date thereof until ps~d st rate of n~ne per centum per ~nrwm ae+d toyether w~th suc i~er be secu lien of th:s mor9tpe. ~ouK~~. ~acE~~~ . ~ _ ~ = = : _ _ _ _ ~ ~ , _ : T _ : -