HomeMy WebLinkAbout0978 • AA. 19 74 betwee~
iHIS INDENTURf, AAad~ the 25th d+y of ~YCTl -
- Jaaes , anton an st a . lanton, s wife^
of County Floridi, hereinafter designated +s Ihe "MORTGAGOR;' and FIRST FEDERAt SI?VINGS AND l0
t . l.uc ie
ASSOCIATION OF FORT PIERCE, • corporation ory~nized and •xistiny unda the lawt of ths Unitad Stat~s of Arnaica u?d Mvinp itf principal place of
busin~ss (n tM City of Fort Pi~rc~, St. luci~ County. Flo~ida, hereina(ter de~~gn+ted as 1M 2~ R4OO. ~0
WMEREAS the NIORTGAGOR is j~stly indtbted to tFu MORTGAGEE in the aum of = ~ good and lawful money of 1Fx Un~ted
Statet advanced by the MORiGAGEE u~to the MORTGAGOR. as evide~ced by a ca~ai~ promisswy no~e of even date hersw~h, 01 which the foltowin~ in
wwds and fiy~~es is a trw copy, ~o-wit: ~ 10020735
= 26.400.00 '
Fon Pte~~.. Fi«cd,. March 25 iv14- ~
For valw receivcd, we w either of us, p~omiss to pay, wilhout defalcation, to tlie o~ds~ of FIRST FEDERAI SAVINGS AND LOAN ASSOC~ATION OF
a
FORT PIERCE at Forf Pierce, fbrida, the svrn of =_~J4~. w~~h interest (rom date al the rate of 8• 7~ per annum, in monthfy install- ;
ments as follows: S 218. ~0 ?0~~lay of JulY 19 74 and a like sum on the correspond~ng day of each month therr
.~iter until the whole be fully paid.
Each instatlment first shall be applied in paYment of ~he interest and then on the uopaid balance of the p~~~c~pal sum_ If default is made in fhe ,
payment of ~ny ins~altmenf when due, and such default continues 30 days, then at the optan of the ho~der, and without any other notice, all the remaining i
~nstallments shall be due and payable at once. Privilege is given to p~epay lhis note in whole or In part ~t any time without penahy. Neither faebearance, ;
nor xcepunce by ~he holder tix~eof after any default in any paYments hereo~, shall be deemed extension. A late paymeM charge of =l~• ~ sh+~~ be j
added to each installment remaining unpa~d 7 days aiter it~ due date, and a like sum shall be addrd to each such installment remaining unpaid 7 days sfter ~
each s~cceeding payment date.
Each rt+aker, surety and endaser hereof, joinNy and severally, waives demand, p~esentmen~ protest and ~o~ice of protest for nonpayment, a~d further ~
agrees to a~y extension of t;me of payment, either before pt after maturity, without not~ce to any of us; and to pay all costs of collectio~, inclurl~ng • ~
reasonable attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption undet the co~s~~tulion
and laws of each State of the United States, as against this obl~gation or any extension w rcnewal hereof.
Witness the hand and sesl of each party.
(SEAU
s ames . Blanton
~ _ cs~?u :
s/Martha L. Blanton ~
$39.60 ) State Revenue
~s"'"p~'""u.~''~''~ywt..ra 26 400 00 t
NOW, THEREFORE, the MORTGAGOR (w the purpose of seturing payment of said sum of S ~ • and the performance of ihs
covenants ~nd agreements hereinaiter expressed, and for divers good and valuable considerations, by these presents, does g?ant, barpsin, tell, remise,
release, convey and confirm untp the MORTGAGEE, its succeuors and suigns, all that «rtai~ lot, piece or parcel of land, tituate, lying, and bei?g in ths
County of $t • Luc ie and State of Florida, dewibed ~s follows:
Lot 12, Block 101, LAKBWOOD PARK UNIT 9, accoYding to the plat thereof on file
in Plat Book 11 at pages 27, 27A thYU D, Public Records of St. Lucie County, ~
Florida, ~
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•r oF FLORirJ~~
~ ~ STATE ,r sTHnnP jt.> f ,
DOCUMENjAR ~i ~ ~
DfPT-
Of R~VEf~Uf`. s. O'
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z r _ _ C O Tr~ It ~ ~ . ~ ' H ~ ~ a ~ ~ ~ ~M¦-~ :
~ ~ ~y _ ~ B' - E ~~i IN pAYM ~,~~11
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~ . e~~Cl!?~$'C' ,~1~1 13~1.R~s
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. . ~ ~ ~y~r t° e+'"r~iae~ '°tr"~ o~ F°` :
v~ ~~j ~t, so2'u'~ ~ t
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fogefher wi~h sll and singular the tenements, hereditaments and appurtances thereumo belonging w in anywise +ppert+ining thereto•-snd a0 rents, iuues,
proceeds and profits acuuing and to acaue from said premises, all of which are included in the above and foregoirg description +nd F~abe^dum. i
TO HAVE AND Tp HOID the above dew~bed +nd granted prcmises unfo the ssid MORTGAGEE, its successws ~~d +ssi9ns fwever. Md tM s+id !
th@lY _~~rs, executors, administrators and assigns, hereby covenanri with the sa+d N10RTGAGEE, its successws ~~d +sii~m.
h50RTGAGOR fa '
rhat thev are__ ia„~„iiY uized of the said premises in fee simple; that the same are fres, clear snd di;chsrged from all liens and aotum~ j
brances in law or i~ equity, and thst they will snd their hein sMll warrant and defend the titte to the same to ths ssid }
MORTGAGEE, its successors and assigns, forever sgainst 11+e lawful claims and demands of all penons; , ~
PROVIDED, ALWAYS that if fhe MORTGAGOR shall psy umo the MORTGAGEE the pran'~uory note he~e~^befa~ dew'bed ~^d ~MII truly, promptly
and fulfy perform, dixharge, execute, compkte, comply with and abede by each snd every ths stipulatiom, agreerrKnri, cooditiora a~d covenu+b of said ~
promisswy note and of this Nbrtgage, thtn this Mwtgsge and the Estate hereby ueated shall ce+se s~d be null snd void.
s ~
IT IS UNDERSTOOD that the wwd "Mwtgsgw" whether in tFx singular or plural anywhere in this Mwtgage, shall be singular if one only and ~
~ shafl be plursl joiMly snd severally if more tMn wx, srd that the word "their" ss uud snywhere in this Mortgsge sMll be taken to mesn "his:• •'hen;•
~ or "its;' wherevet the contexl so implits w admits. Also, that wherever there is a reference in the coven+nts and agreemenri herein cootained to sny of
~ ihe pa?ties hereto, the same shall be construed to mes~ a~ well as the heirs, legal representatives, successon and ass'~yns (either volunury by act of the
a parties a invduntary by operation of the law) of the same and that the covenants herein contained shall bind snd the benefits end sdvantagd inure
ro the respective heirs, legal representstives, succeswn and ass~gns of the pa+ties hereto. ~
pnd said Nlortgsgon, fw themselves and their heirs, legal representatives, successors and ss~g~s, hercby jointly and xvaally covenant and ayree _
~o and with the ssid NIORTGAGEE, its s~ccessors and auigns:
' 1. To pay all and singula~ ttu p~~~c~pa~ +nd interest ~nd the various and sundry wms of money pay+ble by virtue of seid promissory note, and this
~ mortgsge, each and every, prornpt~Y on the days respectively the same severally becane d~?e.
2. 7o pay all a~d singular the tsxa, assess~nents, levies, liabilities, obligetwns and encumbnnces of every nature and kind now on said descri6ed
property, or that heroafter may be imposed, tuffered, plsted, levied, or assessed ~hereon, or lhat hcresfter may be levied w useased upon fhis Mort¢
~ age, or the indebtedneu secured hereby each and every. wFxn due snd payable, xcwdiog to law, before they become delinqvem, ~nd befwe ~ny inte~at
~ attaches w any penalty is incurred; AND INSOFAR AS ANY THEREOP IS Of RKORD THE SAME SHAII 8E PROMPiIY SATISFIED AND ~ISGHARGED OF
RECORD AND THE ORIGII~AL OffIC1Al DOCUH?ENT (SUCH AS, FOR INSIANCE, THE TAX RE~EIPT OR 7HE SATISFACTION PAPER OfFfC1ALLY ENDORSED
' OR GERTIFIED) SMAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFiER PAYMENT; a~d in the event tF~at any thereof is no1
paid, sat:sfied snd dixFarged sa:d MORTGAGEE may at sny time pay the same or any part thereof without wsiving or a{fecting any option, lien, equify or
~ ~~qht under or by virtue of this mortgage and the full amount of each and every such payment thall be immcdiately d+x and paysble snd shall be+r interest
~~om the date thercof vntil paid at rate of nine per ce~tum per annum aad~~~~h ivch in~Mt be secured by the lien of th's morgt~qe.
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