HomeMy WebLinkAbout0980 THIS INDENTURE, Mad~ the 25th d~y of ~rch A.D. 19_~-. between
James H. Rlanton and Martha L. Blanton~ his wife
of St • Counfy Florid~, hereinsfte~ detg~ated +s tM "MOR~GAGOR;' a~d FiRST fEDERAI SAVINGS AND IOAN
Lucie
ASSOCIATION OF FORT PIERCE, a cwporation or9~nized a~d exii~in~ under tM lawf of th~ U~ited Su~~s of Muriu +nd Mvinp iri principai pl+cs of
busin~ss in tF» City of Fort PiKCe. St. luci~ County. Flotida. hsrei~?a(tK d~~~nat~d a~ 1M " O T AGE
Z~~ ~~0• , ood snd lawful moneY of the UNted
WHEREAS tM MORTGAGOR is jwtly inclebtrd to tFw MORiGAGEE in ths sum of s 9
S~ates adva~ced by the MORTGAGEE unto tM MORTGAGOR. ai evidanced by • certain promiuwy note of even date herewith, of wh~ch tM followinp i~'
words and fi9u~es ii a trw copY. to-wif: - 1002073 }
s26,400.00 March 25~ #
Fort Pierc~. Florida. 19
For value received, 1, we or either of us, promise ro pay, without defalca~ion, to the o~dtr of FIRST FEOEAAt SAVINGSS- AND IOAN ASSOCIATION OF ~
FORT PIERCE at Fwf Pierce, Florida, the sum of =26 ~400' ~ with interest from date af the rate of 8' 7'% p~ annum, i~ monthly inslalM
meNS as follows: s 218.~0 on the ~Oth d+Y of July ~q 74 and a like ium on the correspo~d~np day of each mo~th therr
a(ter until the whole be fvlly paid. ~
Each instsllment first shall be applied in payment of the intereat and then on the unpaid bslance of the p~inNpal sum. If defauh is made in the
payment of any installment when due, and such default continues 30 days, the~ at the opian of the holdm, and without a~y other ~otice, all Ihe remaining f
~ns+allments shakl bn due and payable at once. Privitege is yive~ to prep+y this ~?ote in whoft or ie p+rt at any time without penalty. Nelo.9Obear+~?te, ~
nor uceplance by the holda thereof afte~ any default i~ anY p~Yments hereon. shall be deemed eatcnsia+. A late payment charge of ~ sh+ll be ~
added to each installment remaining u~paid 7 days after its d~e date, and ~ like sum shall be added to each such installmenf romaining u~paid 7 days aftet ~
each s~tceeding payme~t date. ~
Each make~, surety and endwser hereof, jointly and severally, waives demand, presentment protest and ~otice of protest fw nonpaymeM, and further
agrecs ro any extens'an of time of payment, either before a after maturity, without notice to any of us; and to pay all costa of collectan, includ~ng a
reasorsabk attorrtey's fee in the evenl of any deiaUit hereunder, and hereby zeverally waives all be~efit of homestead and exemption undet fhe constitution
a~.d laws of each State of the United States, as against this oblig+tion or ~ny extension w renewal hereof.
Witness the hand and seal of each party.
(SEAL)
- s Jaaes H. Blanton ~~i~
tSE/?U
s~Martha L. Blanton
~ $39.60 ~ State Revenue .
K~`"P`'""'°u.d'°."°"~~°~' ~ 26 400 00
s • ae~d the .formance of ths ~
NOW, TkEREFORE, the 11110RTGAGOR fw the purpose of securing payment of said sum of : Pe
covenants a~d sgreements hereinafter expressed, and fw divers good u+d valuable consider+tions, by 1hESe presents, does grant, bar9ain, sell, remise,
release, conwy snd co~firm unto the MORTGAGEE, in successws and auigns, all thst certain bt, picu or puce~ of I~nd, situste, lyirp, and being in the
County of St . L'uCie and State of Fbrida, described ~s idlows:
Lot 19, Block 116, I.AKSWOOD PARK UNIT 9, according to the plat thereof on file
in Plat Book 11 at pages 27, 27A thru D, of the Public Records of St. Lucie ~
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County, Florida, ~
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I STAT~ aF FLORfDA ~ -y ~ 1K pRr~,~~ 'cxES ~
~n ~~~,STAM?
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~ ~ DOCUMENTARY ,
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S c `r' DEP:. Ui REVENUE = s~ •C IN~A~~1~ S~ ~y/l- ~
j ~c `T _ - ~:a:c2L'73 ~ ~ ~ 3 ~ ~ 0 ~ p~UE ON CUZD 6~wtEll 71•13;. 's
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rogether with ~tl snd singulsr the tenemenb, hereditaments ~nd sppurtances therevnto belonging w ie anywise ~ppert+~ning there% and all renb, issves, '
proceeds and profits accruing and to acuue from ssid premises, all of wFiKh are included in the abov~ and fo~egoirg desuiption and Mbendum.
TO HAVE AND TO HOtD the sbove dewibed snd gnnted p?emises umo the said MORTGAGEE, its s~uessors ~nd auiym forever. Md 1M s~id
MORTGAGOR fw their execWOn, adminiatroton snd auigns, herebY cove^+^ts w~th ~he s~'d MORIGAGEE, ib suaesson +nd +ssi~as.
that - thQ'V are ~swfully seized of the ssid Wenrises 7n fee simple; tMt tF+e same +r~ free, ckar aod dixh+rged from ~II liero aod encvm- i
brances in law w in equilyr, and that they will snd their heirs shall warranf and defend t1~e titk ro the same fo the said ~
MORTGAGEE, its successas snd assgns, forever against t1~e lawfol clsims and dcmandt of sll penons; ~
PROVIDED, ALWAYS that if the MORTGAGOR shall pay vnto the MORTGAGEE the promiuwy ~ote he~einbefwe deuribed and shsll truly, promptly
and fully perform, disch+rge, exec~te, compkte, comply with snd abide by each a»d evcry the stipulstam, sgreements, conditions +nd cover?+^ts of said ~
x~''.- promiswry note and of this Mortgsge, then this Mortgsge and the Estate hereby aested shall cease and be null +nd void-
IT IS UNDERSTOOD that the word "Mwtgsgor" whether in the singular a plwal snywhere in this 1Kortgsge, shall be singula? ii one only ~nd ~
~ shall be plural jointly ~nd sevcrally if more than one, and that Ihe word "their" as used anywhere in this Nlortgsge shall be taken to mean "his;' "hers" ;
~ or "ib;' whetever the context so implies w admits. Also, thst w1+~rever the~e is s refereMe in tM coveMnts and agreements herein oontai~d to u+y of #
~ the parties hereto, the sama shall be construed to mesn ss well as the heirs, kgsl representafives, successws ~nd ~ui9ra (eilher volvMary by ~cf of /M ~
~ parties w involuntsry by ope?ation of the law) of the ssme snd that the cova»nts herei~ cont~ined shsll bi~d snd the benefits and advant~ges invn ;
so the respective hei?s, legal ~eprexntatives, succesiors aod ass°gns of the psrt~es hereto.
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~ And said Mortgsgors, for themselves snd their hein, legal representatives, wcceuors snd auigns, hereby joimly and sevaaliy coven~nt ~nd apree :
ro and with the said JN~RTGAGEE, its successors snd auigns:
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1. To psy all and singular the principal +nd interest a~d the various snd tundry sums of money payable by virtve of said promissory rate, and this ~
mortgage, each and every, p?on'+Ptly on the days respectively the ssme severally become dve.
2. To psy all ~nd singvlar the taxes. assessmenri, levies, lisbilities, obligstio~s ~nd encvmbrances of every nstwe and kind now on said desuibad ~
~ Frope?ty, or that hereafter rrwy be imposed, suffered, pl~ted, levied, or +uessed thereon, or that heresfter m~y be levied or asseued upon this Mort¢ ~
a3e, o? the indebtedneu secured hereby ~ach and every, when due ~nd p+ysbk, sccudiny to law, befwe they become delinqi?cnt, and before ~ny intereat ~
~ arrnches or any penslty is incurrcd; AND INSOFAR AS ANY 7HEREOf IS Of RKORD THE SAME SHALI 8E PROMPTIY SATISFIED AND OISCHARGEO Of ~
- RECOR~ AND THE ORIGIf3Al OFFICtAI DOCUMENT (SUCH AS, FOR INSTANCf, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFfIC1AllY ENDORSED ~
OR CERTIFIED) SMAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ar?d in rhe event fhst sny thereof is not
pa~d. sat'sfied and discharged sa:d MORiGAGEE may st any time pay the same a sny part tl~ereof witho~rt wsiving or atfectirg any option, I'ier?, equity a
~~ah~ under o~ by virtue of this mo~tgage and the full smount of each and every such payment shall be immediately due and paysbk and shall besr interest ~
<<om the date rhereof until paid st rate of nlrx pe? centum per a~num and ~~~~ere~ ~ured by the lien of th:s morgt~ye.
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