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Home My WebLink About1244 l~r ! ! ~T J_ U 1HIS INDENTURE. Nlide the 14th day of Nlarch q,p, ~y 74 betwee~ Joseph M. Blan and Ro erta an , s w e of St •~.liC ~@ ~py~ty flu;ds, hcreinaft~t designated as ~ha "MORTGAGOR:' and fIRST FEDERAL SAVIMGS ANp IOAN ASSOCIA?ION Of FORT PIERCE, a cwporatio~ or9+^~Zed +"d existing unde~ tM laws oi tM Un~ted Sutq oi l~+nerica and haviny in principal plac~ of buiiness in IM City of Fat Pieru. St. lucit County. Flaids, 1?ereinaftly d~~~ynated as ths "MORTGAGEE:' WHEREAS tM MORTGAGOR is 'rysNy indtbted to ths MORiGAGfE in the sum of S-~~~+~ 90~ +^d ~+`Nful money of the Un~ted Statei advanced by the MORiGAGEE unto ths MORTGAGOR. as evidenced by a certain promiuory rwte of even date herewith, of whith tha foilowinp ln wordi ~od fipvres is a trw copY, to-wil: M7~7~1 : 18.U00.00 . fo.t Pie.c.. Flo.ida, ~"~rCh 14 ~q 74 For value receivcd. 1, we w either of us, promise 1o pay, withoul tkfalcation, to the ordrr of FIRST FfDERAI SAVINGS ANO LOAN ASSOC~ATIO~1 OF FORT PIERCE at Fwt Pierce, Florid~, Ihe ium of s 18 ~0: ~ with interest from date at the rate of 8• 7~s per annum. ~++o^~hly install- ~nents as follaws: S 1~ ~ d+Y of A~r i 1 , 19=~_ and a like wm on ths correspond~rg day of each month there- afte~ until the whole be tully paid. Each installment first shall be applied in payment of Ihe interesl and then on the unpaid b+lsnce oi the princ~pal sum. If defavh is made in 1he payment of any installment when due, and such default continues 30 days, then at the optan of the ho~der, and without any other noiKe, al~ the rcmaining ~nstallnxnts shall be due and payable at once. Priv~lege is given to prepaY this note in whole or i~ part at ~ny time withoW penalry. Neirher forebearance, nw acceptance by the holder thereof after any default in anY paYments hereon, shall be deemed extension. A late p~y~nt charge of S~-• shell be added to each installment remainirg u~pa~d 7 days after its due date, and a like wm shall be added to each such inatallme~t remaining u~aid 7 days after each succeeding paYmem date. Each maker, surety and endwser hereof, jointly and severally, waivea demand, presenrment protest and no~ice of p~otest for rwnpayment, and further agrees to any extensia+ of time of payme~t, either befo~e w after maturity, without natKe to any of us; and to pay all costs of collectian. indud:n9 a ~easonable attorney's fee in the even~ oF any defau~t Fxreunde~, snd hereby severatly waives all benefit of homestead and exentp~ion under the const~tut'an and Iaws of each State of the United S~ates, as againsf this obligation a any extension w renewal hereof_ Witness the hsnd and seal oi each party. s~ Jpe,,eph M. Blank ~ U A (s~?U (SEnU s/ Roberta Blank . ~ 27 1 Stat ~R~venue (,~'?~1Pt ~ 9~9li1l~~lit 1$ . QQQ and the performance of ths NpW, THEREFORE, the MORTGAGOR fw the purpose of secvring payment of said sum of S covenants and ~greements hereinafter e:pressed, and for dive~s good and valuabte cons~der~tian, by these pretents, does g~~nt, bargai~, seU, remise, releax, convey and confirm unto the MORiGAGEE, its successors and auigns, ell that certain IoL piece or parcel of I~nd, situate, lying, and being in t!?e County of SL . LZ1C 1@ ~nd Staro of Florida, desaibed ~s fotbws: Apartfent No. 102 Building IV, of ISLAND HOl~SB CONDOMINIL~I.S PHpSE I, according to the Declaration of Condoniniua~ and all exhibits thereto dated May 23, 1973, recorded Ma.y 29, 1973 in Official Records Book 214, Pages 1859-1933, of the Public Records of St. Lucie County, Rlorida, together with all of its 'appurtenances according to said Declara,tion of Condaminiue and all e~chibits theYeto and together with all tenements and hereditaaents thereto belonging oz in anyMise appertaining to said apartaent. ! ~(B,)FCT TO the terms, covenants, agreeaents, obligations and j provisions of said Declaration of Condosiniua and all exhibits e thereto which the Mortgagor in all things does covenant to ~ . Mortga?gee faithfully to observe and perford. . ~ ~ tWT: i PI?~1~E ,~~1. 1N L p•_ . - S TAT E ~ L J R ! D A ~ afs.~~ ?~~nwe`e?~ ~s N oocunnEnTa~Y~:--.-:~_.sr_~.,, ~ ~ o~ to yp,~~t? ~z ~ (1~PS f~~ REYEHUE ;:f~'' 4 ~ ! ~ K ~ ~ - _ . • i. E',?~ - Z ~ p p ~ ~ ~~t tx~or Pe. t , ~ ~ ~ e~ y ,~~r2 o- . together w~th sll and sirgular the tenements. hereditamenri and sppurts~+ces thereunto belongirg a in anywue apperfaining thereto. ~nd all rents, issues. proceeds and profits xuuing and to accrue from ssid premises, all of which ue included in the above ud foregoin9 desulption and hsbendum. TO HAVE AND TO HOLQ the +bove descr'bed a^d 9rsnted prem7aes unto the said MORTGAGEE, its suaason u+d +ssi9^s fwwe~• ~'^d tM ~+'d MORiGA R for their ~;~s, exKUtws, administrstors and augns, hereby covenann with the uid MORTGAGEE, its s~xcessws +nd sui~n+• ~iey are rhat lawfully x~zed of the said prem~ses in fee :imple; thst the same ue free, cksr and d'~schsrged from all liem u+d encum- brances in law or i~ equity, and that ~+p~f will and t~1I- hein sMll warrsnt and defend the titk to the s+me to the s~id MORiGA6EE, in sucussors and auigns, forever aga+nsf the Iawful claims and demands of all persons: PROVIDED, ALWAYS that if the MORTGAGOR shsll psy unto the MORTGAGEE the pramisiwy rote here~nbefore described a~d sha~~ 1n+~Y• P~~P~~Y and fully periwm, d~scharge, execute, compkfe, comply with and abide by each snd every the stipulations, agreements, conditian +^d cove~ann of ssid promissory note ~nd of this Mwtgage, t}xn this Mortgsge and the Estate hereby aesled sh~ll cesse snd be nu~~ a^d v° • ~ IT IS UNDERSTOOD that the word "Mwtgagor" whether in tF?e s~ngular w plwel anywhere in fhis 1No?egage, shsll be sirpular if one only and shall be plural joimly and severally if more than.one, and that the word "theii' as used s~ywhere in tha lYlortgage shsll be tskee to mesn '1?~s:' "h~rs.~~ or "its:' wherever the context so implies or admits. Also, that whe~ever there is s reference in the covtnsnri snd agreements herein cot~tsintd to ~ny of the pa~ties hereto, the same shsll be construed to mean as well ai the hein, kgat represenutives, successon and suigro (either vofuntsry by ~ct of the - parties w involuMary by operation of the law) of the same a~d that the covena~n herein contsined shall bind and the benefits and adv~nt~ges i~we - to the respective he'ut, kgal representatives, successors and +u'gru of the psrties hereto_ qnd ssid N~ortgagors, for themxlves and their hein, legal represematives, wcceuws and assigns, herebY la^t~Y +^d xverally cwens~t and agree to ~nd with tF+e said MORTGAGEE, its successo~s and sssigro: 1. To p+y al{ snd singubr the principal and imerest ~nd the vsrio~s and sundry sums of ma~ey p+yabk by virtue of said promissory rate, snd this mortgage, each and evsry, p~~ptly on the dsys respectively fhe ssme severally becane due. 2. To pay all and singulu the ta:es, sssesunents, lev~es. liab~:ities, ocligations and encumbra~cea of every n+twe a^d kind now on s+id described property, or that here+fter m+y be imposed. suffered. Pl+ced• levied. or suessed thereon, or tMt heresfta may be kvied or assessed vPe^ lkis ANortQ' age, or the indebtedoess secured hereby, esch and every, when due snd payabk, accordirg to law, before they become delinquent, and before u~y interest ~ attaches w ~ny pena~tN ~s incurred; AND INSOFAR AS ANY ~HEREOf IS Of RKORD THE SAME SNALL BE PROMPTIY SATISFIEO AND DISCFIARGED OF RECORD AND THE ORIGII3Al OFFICIAL DOCUMENT (SUCM A5, fOR INSTANCE. THE TAX RECEIVT OR THE SATISFACTION PAPER OFfIC1AllY ENDORSED OR CERTIFIED) SHAtI BE PLACED IN THE HANDS Of SAID MORTGAGEE WITHIN tEN DAYS NEXT AFTER PAYMENT; and in the event that any thereoi is not pa~d, sat'sfied and discharged sa:d MORTGAGEE may st any t~me paY the same w s~y part Nx~eof without waiving or af(eding sMr option, lien, equiry w •~qht vnde+ or by v~~~ue of this mortgage and the ~ull amount of exh and every such payment shall be immediately d~re and payabk and sha~~ bea~ in~erest ~.om rhe aate thereof until paid at rate of n~ne per ce~tum per snnum +nd ~9RKhM~such int s secwed by the lien of th:s mwgtage. l1 lI / ~ri~+( ~i~r - - ; . ...T- ~:a - - • , . ~ ~ ,4~ - ~ v ~ ~ ~ - _ ~ ,R ~~~~~±4`.:-2,. ~ v . .