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Home My WebLink About0502 ~ t 3U'~~~ ~ THIS 1NOENTURE. Mad~ the_ 1St day of ~_MdY - A.U. 1Q 7S kxtween _ ,James J. LeBlanc, g.~~~II11 e adult St. Lucie of County F(orida, heraina}te~ designared as the "MORTGAGOR." and FIRST fEOERA: SAVINGS AND IOAN f ASSOCIATION OF FORT PItRCE, a torporation organized and e:~fting under the laws of ~he Uni~ed St~tas of Amerlca a~d hevir~g iti principal plac~ of ~ b~siness in tM City of Fo~t P~erce, S~. Lucis County, Florida, hereinafter designated aa ~he "MORTGAGEE:' . WHEREAS the MORiGAGOR is justly indebted to the MORTGAGEE in thc sum of S 16~~•~~ goa~ artd lawful man/ of the U~~ted Sfates advancrd by ~he h10RTGAGEE unio the MORIvAGOR, as ev~denced by a cena~n promissory note of even date herowi~h, of wh~ch the folbwiny in ..ords and fig~res is a true copy, to-~vlt: s16,400.00 ~11000310 Fo~t Pierce, Florida, May 1~ ~q 75 :ar value received, 1, •,ne or ei~her oi ~•s, p~cmisc to pay,.without defalcation, to the o~der of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION Of .i~~i PlERCE at Fort P+rrce, Florida, ~he sum of S_ 1}.~6 v+~iF~ ~n~~:es~ fran date at ~Ae rate of8' 7 r'~.'o per annum, in moMhly in»all- ~s as {oc:ows: S___ 145. ~ on ~he _2Ot' day or _ June__ , ~q 7S_ and a liice sum on thr corresponding day of each month therr ,r~~-; ~nt~i liie whole kx `.ully Naid. Each instal6nent first shell 6e app'+ K! in payment of tt~e interest and t!•en on the unpaid balance of the p~inc:pat sum. If defaolt is rt+ade in ihe r,,~nent of any instailn~ent .~han due, and such dafauN cominves 30 deys, the~ at tiia option of 1he hotder, a~~d without any otfier notice, all the remaining ~~sre!i~nents ahall be due and Fayable at unce. Privilege is given Io prcpay this ~ute in whole or in paA ~t any time without penalry. Neithe~ iQtc~aruKe, co• accep?ance by thr holder thereof after any defauh in any paymeros hereon, shal! be deemed extension. A late payn+eM charge of S'' 2S ahall be d ~a each instalimrn~ remoin~ng ~npa~d 7 days after its due oate, and a Gke sum shall kx added to each suth instal~ment ?tmainiog u~paid 7 days aftet :~,ach succeed~ng payment date. ' Each make~, surety and endo~ser he~rof, ~o~ntly and severally, waives demand, prrsentment protest and notice of protest fw nonpaymeM, and further res to any extens~on o4 r,me ef Noyme~tit, ~~~her o~f,:,re u~ after ma~ur~ty, wishout nonce to a~y of us; and to pay all costs of eollection, ineludinp a so+~ab!e attomey's (re in fhr event oF ,n~ dcfa~h herewtd•.r, and hereby seve•aily waives a~l be~efit of homestead and exemption under the cotutitution :,~i ~aws of each State of zhe L~~~1ed $tates, as ay~~:ut this abilgation or any extans+on or renewal hereof, Witness the hand and seal of each party. S/ James J. LeBlanc, ~Ay a single adult ~U (sE~U $ 24 . 60 ' ~U State Revenue ~,Y_+~XXdfdQN~oIC XXg1G~A ~QkK NO'.4, THEREfORE, the MORTGAGOR fw the purpose of securing payment of sa~d s~~m of j 16 ~ 4~ . 0~ and the performa~ce of ths co:enants and agreements hereir.atrrr expreued. and fo. divers gcod ar,d va?vable consiJe~ations, by thess p?esents, does g?aM, bargain, sell, remise, _::se, convey ar.d confirm unto the MORTGAGEE, i?s s~~ccessors and asaigr+s, e!1 that certain lot, piece o~ perte! of land, situate, lying, and being in the # ~o~.,nty of St. Lucie and State of Florida, described as follows: :~~artment No. 202, Buildiny III, of ISIAND HOUSE OONDOMINIUMS, PHASE I, ~~ccording to the Declaration of Condominium and all exhibits thereto dated ~tay 23, 1973, recorded May 29, 1973 in Official Records Book 214, pages 1~358-1933, of the public r~cords of St. Lucie County, Florida, together :vith all of its appurtenances according to said Declaration of Condominium and all exhibits thereto and together with all tenements and hereditaments thereto belonging or in anywise appertaining to said apartment. ~ y~s- yoG- oo3~-aa~% SL;BJECT to the terms, covenants, agreements, obligations and provisions of said Declaration of Condominium and all exhibits thereto which the Mortgagor ~ in all things does covenant to Mortgagee faithfully to observe and perform. } f i i . ~ ~ Q ~ ~~~~_,r D ° ~ t RECEIVED o a IN PAYMENT OF TAXES ~ ~ ~,z oocu~;E;v7aQY~.-:FLOR; ~ € - - S T A N~ P j~!, WE ON Cl/1SS 'C IIiTAttGIBIE rER90NAl PROPER(Y, ; Z c;~t~r. oF e~vEn~i~~`'= i-~------~__ ~ ; ~ c - _ ~ pURSt1Af~(T TO CEUP'TER 71-131. ACTS OF 19/1. l :~,s ~ Roc~ poRwrs ~ _ _ .;h~_ ~ - ~ 2 4. 6 0 t m F F. ~ a l' "`'i~ { C I E R K C f R WIT COURT. ST. ltlC1E 00, Fl/l - ' ^~`.i! . ~ ~ ~ ~ ~ •r~afher weth alt and singutar tt~e tenements, hered~tarrKnts and appurtances thereunto belonging or in anywise appeAainir?g iheretor~~d all rents, issues, ::~oceeds and proii~s accruing and to accrue from said premises, ali of which are included in the above sod fwegang descriptan and habendum. ~ TO HAVE AND jO F{plD the above descnbed and granted premises unto the ssid MORTGAGEE, its successors and assigns forevet. And tM s~ld •:.7RTG~1~O R{or - t 11e1 r---- he~~s, exec~tors, adm~nistrators and assigns, he~eby cwenants with the s~id AM1ORTGAGEE; i» ~uaesson and asaipm. ~ ,r -they are-- lawfully se~zed of the said prem~ses in fee simple; that the same +re free, clesr and discharged from ~II liens and ~ncw~r ~ :-ar,ces Sn Isw or in equiry, and that they will and their hein shall warraM and defend the title fo the ssme to the said ~ :.RTGAGEE, its auccessors and asvgns, fwever against the lawful daima and demands of all persons; ~ PROVIDED, ALY~AYS ~fiat if ~he MORTGAGOR snall pay unto the MORTGAGEE ~hr promisswy note hcreinbefae dexribed and shall truly, promptly ~ ~ ;-d fuily perform, d;scharge, e,cecute, complete, comply with and abide by each and every the stipulations, agreements, conditions and wvenanq of said ~ r,- ;;siory note a~d of this Mortgage, then th~s Nlortgage and the Estate hereby created shall cease and be null and void. be~ ~ IT IS UNDfRSTOOD that the word "Mongagw' whether in the singular or plura~ s~ywhere in fhis Mwtg~ge, shall be singulu if one only and ~~O s~a~~ be plural jo~ntly ar.d severatly if more tha~ c~s, and that the word "their" ss used snywhere in this Mortgsge shsll be f~kan to mean "his;' "hers," ~ r"~rs," wherever the contezt so implies or adm~rs. Also, that wherever there is a reference in the covenanri and agreementi herein conhined to.any of ~ ~~e parties hereto, thc same shali be construed to mean as welt as the he~rs, legal representatives, successws aod auigiu (either wluotary by sct of tf+~ ~ ca~!~es or invotumary by operat~o~ of the ;aw) of the same and ±hat ~he covenants herein contained shsll bind snd the bene(itt and sdvantsges inur~ ~ ro rhe respective heirt, legai representatives, succeswrs and au~gns of the parties hereto. ~ And said Mortgagors, for themselves and their heirs, legal repreuntatives, successors and affigns, hereby joinily and uverslly coven~M ~nd ~pree ~ ~ !o and with the said MORTGAGEE, its :uccessors and assigna: ~i ~ 1. To pay •II snd singular the principal and interest and the variovs and sundry sums of money payable by virtue of said promiuory note, +nd tha ~ m:ortgage, each sod every, promptty on the days rcspetlive~y the same severally become due. x 2. To psy all and s~nguta? the taxes, asfessments, levies, liabili~ies, obligations and encumbrances of every nature and kind ~ow o~ asid described ~ ~roperty, w that hcreafter may be imposed, suffered, plated, Isvied, w•ssessed thereon, o~ that hereafter may be levied or ~ssetsed upon this Mwt¢ ~ a w the indebtedness secured hereby, each a~d every, when dve and payable, accading to law, befwe they become delinqvent, and before any interesf ~ ~Pchts or any penahy is incurred; AND INSOFAR AS ANY iHERFOF IS OF RKORD iHE SAME SHAtI 8E PROMPTLY SATISFIEO AND DISCHARGED OF ~~rORD AND THE ORIG:hAI OFFICIAI DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENOORSED ~ ~R CERtIF1ED) SHAII BE PiACED IN iNE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that aoy thereof is ~ot ::.a~d, sat'sfied and dixharged sa"d MORTGAGEE may at any t~me pay the sarne w any part ehereof without waiving or affeaing any option, lien, equity w _ ..•~ht vnde~ or by v~rtue of this mortgage and the (ull amount of each and every such payment shsll be immediately dve and payable aod shall besr infereit ~ <<r •~•!-~•e r~ _.-j ~ ~..ate of n~~e per ce~tum per ann~m and together w~th such interest shall be secu~ed by the lie~ of eh s ~ or~raqe ~ ~ . ~ _ , ~ ~ ~ . ro 3 ~ ~ ,..s ~ ~ C_.~,'.`~ ~-w~;`s _ 3. ~ _ .