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HomeMy WebLinkAbout1129 252802 ~ . ; . ; . THIS IN~ENTURE. Mad~ tl» 19th ~y pf A ril ;~~~~93 benn~ ~J- ~ - _ ; Glen J. Black and Delores B. Black, his wife ` p{ St ~ ~d1C~Q , Cpr~fy florida, Iwr~in~fta desipnated at the "MORTGAGOR;' ~nd FIpST FEDERAI SAVINGS, AND IOAN ASSOCIATION Of fORT PIERtE. • corpor+tioo wpu~ued and ~xistinp w~da ~M Isv~n of tM Unit~d Su~~s of Arr~ic~ and Mviop in ,principal place of bu~inat in tF» City of fwt Pi~ru. St. luci~ CountY. fbrjda. hKtin~ftK dapMt~d a tM "MORTGAGEE." , I WHEREAS tM MORTGAGOR it iuttly iodtbMd b tl+~ MORTGAGEE i~ th~ ium of f 1813~ pood ~nd ~+wfvl eno~y of the UNted Statq ~dvanced by tF» MORiGAGEE unto ths MORIGAGOR, ~s evid~nced by ~ certain promissory note of even dsls her~with, of which tM followinp in words and fi~ur~s is a trw copy. 1o-wi1: ~ 18~ 300 •00 No 10019~28 Anzi~l 19, ~qy~_ I fort Ph?ce, flwida, For v~l~e received, I, vw a either of us, promise to pay, wi?hout defatc+~ion, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Forf Pierce, Flwida, the s~m of s 18 ~ 3~ with interest from date at the rate of 7• 7~ per ann~m, in monthly instalb 1 ments u follows: S_ 151.~ on tFa 1Ot~ay of n@ 19 73 and a like sum on the correspondin~ day of esc6 month ~F?err after until the whole be fully paid. Eath insta~lment firsf shall be applied in payment of the interest and then on the unpaid balante of t!?e pri~tipsl sum. If defaulf is n+ade in ths payment of any installment when due, and such default continues 30 days, then at the option of ths holder, and without any other notice, all the rem~ininy ~nstallme~ts shall be due and payable at oncs. Privilege is given to prep~y this note in whole o? in psrt at ar?y time without penaly. Neither forebearance, rtor aaeptance by the holder thereof afte~ any default in any payments he~eon, shall be deemed extension. A late payment charge of i%-~-., shall be ~ added to each installment remaining unpaid 7 days after iri dw date, and a like sum shall be added to each such instal~ment remaining unpaid 7 days efter each succeeding payment data E~ch make?, surety and endorser hereof, jointly and severally, waives demand, presentmeM protest and notice of protest for nonpaymenf, and further agreea to sny extensiw~ of time of payment, eitFxr before or after maturity, without notice to any of us; and to pay all costs of cotlection, including a reasonable attwney's fee in the event oF ~ny de(autt hereunder, and hereby severally waives all benefit of homest~ad and exemption under fhe cautitut'an and Iaws of esch State of the United States, as against this obligation or sny extension w renewal hereof. Witness the hand and seal of each party. . . REAU s/Glen J . Black cs~?u s/D~elotes B. Black ~ $27' ~ ~ State Revenue (~rwr+pr sanaeMdd~n ~1-~+e~ef - NOW, THEREfORE, ths MORTGAGOR for the purpose of secoring payment of ssid sum of S la and the pe?formance of ths coven~nri and ~yreements hereinsfter expressed, and fw diven 9ood and v~lwble consideraYrons, by ihese presents, does g~ant, barqain, sell, remise, releass, convey and firm u~ro jhe MORTGAGEE, its s~ccesson and suigns, all that ccrtain bf, piece w pucel of land, situate, lying, and beinp in 1M County of ~t •~Cle ~nd Sbte of Fbrids, dewibed n follows: i Lot 16, Block 6, RIVER PARK, UNIT 3, as per plat thereof on file in Plat Book 10, page 80, of the Public Recozds of St. iuci¢ County, Florida, ~ - I ~ i ° oF Ft.,.ORIDA~ ` DOCUM NTARr STAM P- I A X ~ ~ ~ °D ~i.Of REYfl1YE s ~ . Pa =~az~•t~ ~ ~ Y~ 4 5 1 - Q IN PAYMEM OF Taas a-~ n o: o u E o t r a n s s ~ ~ N r ~ w c i e~ ~ t~ ti v. q o.~ t n. PURSII~AANf TO.CIIAPTER 71-134. A~CTS OF 19~1. ' R06ER PORWIS /IXff CLF.RK CIRqIIT COURT, ST. Lt~~E C0, FtJ~ { r - r togefher with sll and singubr the tenementt, hereditamcnts and appurtsnces thereunto belorgirg w in ~nywise ~ppeAainirg ihersfo, and all ren», issues. proceeds snd profin acvuing and to accrue from said premises, all of wFiKh ~re included in the abov~ and forepoirg desuiption and h~bendum. TO HAVE AND TO HOLD the sbove described and granted premises unto the said N10RTGAGEE, its wccessors ud auiyns for~va. And ths s~id MORTGAGOR for t~l= - hein, executors, administntas and auigns, hereby tovensnb with ths s~id MORTGAGEE, its successors u~d auipra, ~~t thev are _ i,,,,,f„ii,, xized of the said premises in fee simple; tMt the same are free, clear and disch~ryed from ~II liens and encum- ' branus io law or in equity, and that they W~~~ a~ their ~~n y~~~ w~rtant and defend th~ titk to th~ sams to ths s~id f MORTGAGEE, in sucussws snd auigns, fwever ag~inst the lawful clsims ~nd dema~ds of ~II perwm; ~ PROVIDED, ALWAYS thst if the MORTGAGOR shall pay unto the MORTGAGEE the promisswy rate hereinbefwe described and sha0 truly, promptly and fully perfam, d~xharge, execute, compkte, comply wlh and abide by each s~d every the stipulatioru, ~yreernents, conditions and coven+nri of said prom~uory note ~nd of this Matgage, then this Mortgsge and the Estate hereby ueated shall cease ~nd be null +nd wid. ~ IT IS UNOERSTOOD that the word "Mo?tgs~or' whether in the sir+gular w plural ~nywhere in this Matgaye, shsl) be sirgular if on~ only ~nd ~ shsll be plurd jointly snd severally if more than one. ~nd that the wwd "their" as used ~nywF~ere in this Mwtya~ee shall be t~ken to mesn •'his,•• ••hen•• «"iri;' wherever the context so implies a admits. Alw, that wherever there is s reference in the cover?~nn and ayreemenb herein oontained ro uryr of ~ the p+?ties hereto, the same shall be construed to mean as well ss the hein, legsl represent~tives, suaesson and auyns (either voluntuy by ac1 of tFK ~ perties or involuntary by operation of the Isw) of the same and thst the covensnts herein tontained shall bind and tFa benefib and ~dv~ntap~s inure t ro the respective heira, le~al representatives, successws and ass?9ns of the panies hereto. f Md saW Mwt9~yors, for themselvd snd their hein, leyal representstivd, successors ~nd auiyin, hereby joiMly and severally covenant ~nd apree ~o and with the said MORTGAGEE, its successors and auigrn: 1. To pay all and sinp~rlar the principal ~nd i~+terest and tM vsrious ~nd sundry wms of nwney paY+bte by vinue of said promis~ory note. +nd this mortpa9e, eacb and every, promptly on the days respectively the same severally become dw. 2. To pay all uid sirgula the u:e~. assessments. Iwies, liabilities, obfipatiora and encumbrances of wery natwe and kind now o~ said d~scribed Property, or that hereafter may be impwed, wffered. Placed, levied, a sssesied tF~ereon, w thst hers~fter may be levied a ausssed ~pon tl~is Morq- aye, a tFw ind~bted~ess secvred her~by, ~~ch snd every, when due and paysbk, aaadinp ro law, beiae they becane delinquent, and b~fw~ uiy imenst at~athes or any pe~alry is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD 7HE SAN1E SHALL dE PROMPTIY SATISf1ED AND OISCHARGED OF RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, 1HE TAX RECEIP~ OR THE SATISFACTION pAPER OFFICIALIY ENOORSE~ OR CERTIFIED) SHAII SE PIACED IN THE HANDS Of SAIO MORTGAGEE WITMIN TEN DAYS NEXT AfTER PAYNIENT; ~nd i~ the ~veM that ~ny thereof b ew/ paid, sat'ffied ~nd dixharyed sa:d MORTGAGEE may st a~ryr t~me p~y the same a any psrt thereof without wsiviny or affectinp a~ option, lien, poity a s •pht under a by vir~ue of thii morrya9e +nd the full ~mount oi each and eve?y such paymeM sMll be immediately dw and payabk ~nd ahall b~ar interqt ~rom the dNe thsreof until pa~d at rate of n~ne per centum per a~rwm and tope~her w~th such interdt shall be secured by the I?en of th:s mwgta~e. ~oQ,213 P~~~.~ _ - _ _