HomeMy WebLinkAbout2297 ~ ~ vvAV
THIS iNOENiURE. Msde the. 8Lh day ol ~YCh _ A.D. 19^ 74 betkce~
-Aill~aa 7.~B~ke a~cn -Pe99Y L• a e, s~rife -
of St. ~.UC~@ Couoty Fiwida, he~einaUer des~~~a~ed as the "MORTGAGOR." and fiRST FE~ERA! SAVIPlGS ~.NU LOAN
ASSOClATION OF FORT PIERCE, a co~poration oryanized aod exi~ting under ~he lews oi the Un~ted Sta~os o( Amcrica and hevin9 its princ;pal place of
business in ths City of Fort Pierce, St. lucis County, Florida, he~einafter designared as ths "MORiGAGEE:'
WHEREAS the A10RTGAGOR is justly i~debted lo the MORTGAGEE in ~he sum o( S
3O~ SOO~ ~0 9~~ and lawful monry of the U~~ted
Srates advanced by the lAORIGAGEE unto the MORiGAGOR, as evide~~cad by a cena~n prom~isory note of even date here+vnh, o( wh:ch the foitow~ng in
~nords and figu~rs i~ a trua topy, tdwit:
s 3~~800~0~ Ho 1~020688
fort Pierce. Ftorida, ~rCh 8 19 74
Fw value rece~ved, 1, we or eitFkr of us, promise to pay, wirhout defa!carion, ?o ehe order of FlRST FEDERAL SAYINGS AND IOAN ASSOCIATIO~1 OF
fORT PIERCE at fort Pierce, Ftorida, the sum of j_3018~•0O _ w,~h imerrst frcm date a1 the rote of 8_L9_°o per anr.um, in monthly insiall-
.~•cn+s as fof:ows: 5259~~~ pn the2~th day of ApYlli 1q 7'4 _ and a like sum on the correspond~~g day of each month there-
,:ter ~•ntil ~he whole be fully pa~d.
Each insrallment first shall be applicd in payment of tha i~te~est and then on the unpa:d batance of the prin~ pa1 sum. If defautt is made in the
;~~ment of any insratiment when due, and such defauh continues 30 days, then a? the op~~on of the hofder, a~:d w~~ho~t any other not~ce, all the remain~ng
~,5tallinents shall be due and payable at once. Privilrge is given to prepay this rwte ~n whole or in part at any time without penalty. Ne~ther forebearance,
nor acceptance by the holder thereof afrer any defauN in any paymeNS hereon, shall be deemed eatens~oo. A Iate payment charge of 5-12`95, shatl be ~
added to eath instaliment remaining unpa~d 7 days after its due date, and a IeRe sum shall Ge added to each such installment remaining unpaid 7 days after
~:xh succeeding payment date.
Each maker, su~ety and endorser hereof, jointty and severally, waives derr,and, presentment proteat ar.d notece of pro~esl for nonpayment, and further
ag~ees to any extensio~ of nri:e of payment, eitner betore or after maturity, withou~ not;ce to any of us; and to pay all :osts oi totlection, includ:ng a
~-~asonjble atrorney s fee ~n the event of any defau~t hereunder, and hereby seveiaL'y walves a~I benefit of homestead and exemption under the constitution
d laws of each Srate of the United States, as agat~st th~s obllga~ion w any extens~on or renewal hereof,
Wit~ess the hand and seal of each party.
- s/Willian J. Blake _ ~sEA~~
(SEAL)
s eggy L. Blake ~sEAu
~ $46 ~ 20 ~ State Revenue ~5~~~
ii+ar.p~ sa~~elis~.~.wi9iwL awe)
NO;N, 7HEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of S 30+80~• ~ , and the performance of the
:ovenants and agreements hereinafter expressed, and fw divers good and val~ab!e considerations, by these presents, dces grant, bargain, sett, rem~se,
r;•tease, convey and confirm unto the MORIGAGEF, its successors and assigns, all that certain lot, piece or parcef of land, situate, lying, and being in the
County of St . Lueie and State of Florida, dewibed as follows:
The South 395.97 feet of the Bast 111.35 feet of the West ~ of the West ~ of
the Southwest 1~ of the Southaest ~ of Section 21, Township 35 South, Range 40
East - Iess BdvraYds Road right - of - way,
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i C F~ ! RECE1VEA {N PAYMEM OF TAXtS
~ ouE w~ aASS ~c u~z~c~e~ P~wwi Pa~Y,
~ ~ p1~If Tp CFiArTER 71•134. JIGtS Oi ly/1.
- iDGER rOtiRAS ~
f!l'RK C~RCWT 001l~i~ ~f. LtIG1E 0(1. F?A L
togerher with all and singular the tenements, hereditaments and appurtances thereunto belonging a in anywise sppertaining thereto, and atl rentf, issues,
oroceeds and profirs accruinq and ro accrue from said premises, all of which are included in the above and foregoing deuription and habendum.
TO HAVE AND TQ HQ1D the above described and gre~ted premises unto the said MORTGAGEE, its successws and assigns foreve~. And the said
,ti1QRTGA for tDelr-___ executors, admin~strafors and assfgns, hereby covenants w~th the said MORTGAGEE, it~ successas and assigm,
rhat --~~ey-aYe- lawfull se~ze of the said
y t~ prem~ses in fee simple; that the :~me are free, clear and dixharged from all liens and encum-
Frances in law w in equity, and that_ ey will and their •han wsrrant and defend the title to the same to the said
MORTGAGEE, its successors and assigns, forever againsr the lawful ctaims and demands of all peisona;
PROVIDED, ALWAYS thar if the MORTGAC,OR shall pay unto fhe MORiGAGEE tfie promisswy ~ote hereinbefore described a^.s3 s4:a!! !rvly, promptly
ard fully perform, d~schar9e, execute, complete, comply with and ab~de by each and every the stipvlations, agreements, conditions and covenants of said
prom~ssory note and of this Mortgage, then this Mortgage and the Estate hereby created thatl cease end be null and void.
IT IS UNUERSTOOD that the wwd "Mortgagw" whefher in the si~gular or plura! anywhe~e in this Mortgage, shall be aing~lar if one only and
shall be plural jointly and severally if more than one, and that the wwd "their" as used anywhere in this Mortgage shall be taken to mean "his," "hers,"
or "its;' wherever the context so implies or admits. Also, that wherever there is a reference in the covenants and agreements herein tontained fo any of ~
rhe panies he?eto, fhe same sl~all be construed to mean as well as the heirs, legal representativet, svccessors and ass~gns (either voluntary by act of the ~
parties or involuniary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits snd advantages inure A; •
to the respective heire, legal representasives, successors and ass~gns of the parties hereto.
And said 1Vtorrgagors, fer thecnselves and theis heirs, legal representatives, successors and assigns, hereby jointly and seve~ally tovenant and agree v~i
ro and with the uid MORTGAGEE, its successws and assigns: •
~ :
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1. To pay all and singular the principal and intereit 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 xveraliy become due.
2. To pay a!I and ~ingular ?he taxes, assessments, lev~es, liabilit~es, obliyatians and encumbronces of every nature e~d kind now on said dewibed ~
property, w lhat hereaiter may be imposed, suffe~ed, placed, levied, or assessed thereon, or that hereafter may be levied w assessed-~qwn this Mort¢
age, or the indebtedness secured hereby, euh end every, when due ar.d payable, according to law, before they become delinquen?, end before any interest ~
a~r2ches u any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISf1ED A~1D DISCHARGED OF ~
~ECORD AND THE ORIGf~:AI OFFICIAI DOCUMENT (SUCH A5, FOR INSIANCE. THE TAX RECEIPT OR THE SATISfACTfON PAPER OffIC1Al[Y ENpORSED - ~
OR CERTfF1ED) SHAII 8E PlACED !N ~NE HANOS OF SA1D MORTGAGEE WITHIN TEN OAYS NEXT AfTER PAYMENT; and in the event that any thereof is not
pa~d, sat sfied and discharged sa d ~hORTGAGEE may at any t~me pay the same or any part thereof without waiving or af{ecting any option, lien, equity or
•~~ht under or by vinue of tF,~s morrgage and rhe fu(t amo~nt of each and eve~y such paymenr shatl be immediately dve and payable and shall bear interes~
~rom the date thereof vntil pa~d at rate of mne per centum per annum and together w;th suth interest ~hall be secvred by the lien of th"s morgtage.
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