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THIS IN~ENTURE, JNad~ ~h. ?th d.y of Octaber , ~.p, 19
75
_ b.,w..,,
Phili S. Blacknore and R 1'
Thomas J. Phillips and 1?~ty _Lpu Ph~ • ps. his ~?ife i
of S~. LL1C~@ Cp~y florid~, I+K~in~h~r dNipeatd ~s tM "MORTCsAGOR," ~nd fIR51 FEDERAI SAVINGS AND IOAN
1~~.~CfAiION OF fORT pfEttCE. a oorpo:~tion wp~n~~ ~nd ~xis~inp und~r ti» law~ of th~ UniNd St~~a of Am~rka uid havinp f» priocipaf pisa of t
buUn~Tn tlw tiry o~ fwt Piau. St. Luci~ Camty. FIaW~, hxNnah~r daipM~~d a tM "MORTGAGEE." ;tt
WHEREAS tM MORTGAGOR ts jwtly ind~bt~d b IM MORTGAGEE in th~ a?m of; 24~~00.00 , yood aew! law(ul ma+~y of the U~Ited ~
Stat~s ~dvanctd by tM MORiGAGEE unto tM MORTGAGUR, as ~vid~ncad by a cal~in promissory nots of sven dat~ her~with, oi which th~ followi~p in
word~ ~nd fipwes k a trw copY. bwif:
=24.000.00 ~ 1002Ib28 ±
Fo.t PiKC~, fiorida. (~c tn6e r 7 19~~. `
Fp valw raosived, 1, wt w ~itFw of ~s, promi~ to p~y, withoul defalcation, to tM order of FIRST FEOERAI SAVINCaS AND IOAN ASSOCIATION OF
fORT PiERCE at fort Piaa. Fbrida, th~ wm of = 24+~0 with_ intc~e~t irom date ~t the r~t~ of 9• ~ 96 pa ~~num, in monthly in~tail- i
ments +s follows: ~ 216.~ cn th~ 20t~1~y of November , ~q 75 ~ s like svm on tM cwrespa+dirp day of e+ch month than- ~
~fta vntil rhe whole be fvly paid. ~
Each installment fint ~hsll b~ applied in paymeaf of tM intae~t ~ni! then on the unpaid balance of the principsl sum. If default i~ made tn tM i
payment of any instatlment when dw, and wch default continws 30 days, then at tM option of tla holder, and withouf amr ot!~er ~otice, all tM rem~ininq
~nsallm~nts shall be due and p~ysbls at once. Priviley~ is piwe~ Io p~epaY this not~ in wlwl~ or in pan st ~ny time without pen~lty. Neither fwebtar~nce, -
j
nw acceptance by tM holdx thsreof aftK any default io ~nY payme~ts hKeon, shall bt deemed extension. A late peymeot chary~ of ~ sh~ll bs ~
added to each installment rN~LininO 1Mpiid 7 f~y~ ihN iri dw dale, ~nd a lik~ sum ~hall be add~d ro esch such instel4r~ent ~emaininp w~paid 7 day~ ~hK ~
each Wtteedirg WYrt+e+~t date. -
Each rn~ker, surety ud endaser hereof, ioiNly snd sevcwlly, wsives demaod, presentinent protest snd notice of pro?est for nonpayment, snd fu~ther ~
agrees ro any extension of tim~ of payment, either beforo or after maturity, without notice to ~ny of us; and to pay all rnsn of collectioo, includinp s {
reasonable sttwexy i fe~ in ths even? of ~ny de(autt hereunder, ~nd hereby severally w~ives all benefit of homeste+d and sxemption under ths consiitufion
and laws of each Sate of the Unittd Sutes, a: ~gairot this oblipatlon a any ext~nsion a rensw~l hereof.
~tness the h~nd and se+l of cach party.
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t .,4' 36 .00 ) Staro Rtvenw S 8 y U 1p5 ~U
t~+~? ~e~llei ~w ~ipirwl-~k) ~ -
NOW, THEREFORE, ths NVORTGAGOR for th~ purpose of s~cvrirg p~yment of ~id swn of ~ 2 4• . ~nd th~ perform~nce of tl»
covenanq ~nd apr~nti h~r~inafter •Xpres•ad, .nd fw d~wn ~ood ~nd v~lwbl~ camider~tiom, by tMs~ preser?b, dws qrant, baryair~, NII. remise,
relcase, conwy aod confirm u~to the MORTGAGEE, iq wccestors ~nd ~ssiyns, ~II tlwt urt~in bt, piaa or parcel of land, situat~, lyirg, u~d b~irg 1n tM
~a„~ry St _ f_uc i a , and Stat~ of Florida, descr~ed as fdlows:
Begin at the NorthWest corner of Lot 46, MARAVILLA GARDBNS, UNIT itl, as per ~
plat thereof on file in Plat Book 6, at page 55, of the public records of j
St. I.ucie County, Florida, for a point of beginning; thence run Bast 62.93 ~
feet along the North boundary of said lot to a point; thence rvn Sauth a
distance of 129.52 feet to the South Boundary line of said lot; thence run
West 68.58 feet along the South boundary line of said lot to the West
boundary line of said lot; thence run 129.53 feet in a northerly direction
along the West boundary line of said lot to the Point of Beginning.. i
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~ ~ ~~a~- . c~ . r ~ -
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i By agreement of Mortgagor and Mortgagee on file aith
~ Mort~agee, the ~rithin mortgage secures not only an
; existing indebtedness, but also ADVANCES to be I-~RE-
' AFTER made by Mortgagee to Mortgagor, the aggregate
~ of which will equal the principal amount specified
in the promissory nate secured hereby. ~ ~ OG ~N PA~IMEI(~ OF jA%~ ~
~ lM
OUE ON CIA~'~' IIITIW81BlE PE'~ PIqPER(y.
P!lBStiAMf TQ diI1PTER 71-13t. AGTS Of 19)1~
~ ro~
ag~ q~11ti OOINC~. 5i. UlCIE 00, Rl~
together with a~l and singular tlw teneme~n, hs~edit~menn ~nd sppurtanus tMrwmo belonyinp a in anywise ~ppe?t~iNny therNO, and ~0 ra~t~„ bsws,
prote~dt and profib ~cuuinp ~nd to sccrw from said premues, all of which ar~ induded in the abov~ uid forpoinp dpuiption ud habendum.
TO HAVE AND TO HOLD the sbove deuribsd snd yranted premiies uMO tM utd MORTGACsEE, ib succ~swrs and assipr?s forevK. Md th~ s~ld
their g ~y ~~~q with th~ s~id MORTGAGEE, its waa~on and assiyns,
~ MORTGAGOR for hein, executon, administnton ~nd au' ro, her
~ rhst . they aLe lawfully s~iud of th~ ssid premises in fN simple; thst tiw s~rrw u~ fr~e, cls~r and discharyed from dl Ifs+r ~nd ~nturn-
b.ances in law or in equity, and th~t the;t_ will and LZ1Qll' heks shall wuraM and def~nd the title b fh~ sarn~ fo t!N said
~ MORTGAGEE, its s~rcusiws M+d auiyns, forwer pix~st the lawful cl~ims u+d d~mands of dl p~rwra:
} PROVI~ED, AIWAYS tMt if ~M MORTGAGOR shall pay unto the N10RTGAGEE the praniss«y not~ her~inbefw~ descn'b~d and ~hall truly, pomptly
~ and fully perfwm, d~acMrye, exean~, compl~te, comply with and sbide
~ by ~ach ~nd ~wry ths stipulatiora. +y?aemsnb. conditaro and aown~r?n of s~id
~ prom~ssory not~ and of tha IKortyap~, then this Mortyape and the Estate hN~by a~ated shall ua~ and b~ null ~nd void.
~ IT IS UNDERSTOOD that the word "Mwtpapw" whether in the si.gvlar o~ plwal anywher~ in fhis Mwtyaps, shall b~ sinp~lu if a» a~ly ~nd
•h~ll be plwal ~Ointlr and ~ewrally if mon tMn aw. ~nd that tM word "theN" as us~d ~nywh~n in this Mort~~ shall be taka~ to mean ••lus,•, "Mrs;•
~ or ••its." whereve~ th~ com~xt w implies a admits. Abo, that wherever there is a refNer~ in t!M tovenanb and prtameny Ife?~in opntairNd f0 ~ny Of
~ she pa~ti~s herero. tM urne shall b~ aor?strued to mean as w~l! u tht hein, kyal npraent~tiws, suoce~son and assiqro (eitFwr volvmary by ~ct of Nw ~O
~ panies a imduntary bp op~ration of tM bw) of th~ wn~ and th~t tM coven~mr herein conuined shall bind ~nd the benefits and ~dvant~s inur~ o
to th~ respsctiw hein. Ipal reprerentativ~s, wccessws and ~ss%yns of th~ parti~s hu~ta
Md uid Mwtyayors, fa tMmwfv~s snd th~ir heiri. I~pal rpresentativss, s~ccnson aed usipns. lkreby jointly +nd wv~allp cown~M and aprM ~
ro and wirb tM said MORTGAGEE, its suaeswn and ~uipro: t~
1. To p~y all and s4+pulu th~ principal arwl i~ta~st snd the vario~rs and wedry swro of mo~ey paYaWe b virtw of said p?omiswry rwM, and thi~
~0+0~, eacfi ~nd ~w~y. W~P~h on tM daya resp~ctiv~ly tM sart» sw~rally becarw dut.
~ 4. To pay dl and sirgul~r the tas~s, aswsunenq. Iwies, li~bilitip, oblip~tiau and sncumbanc~s of svery n~tur~ and kind now on said d~wibad ~
w~nY, a th~t Mreaha may be Mnpoad, wff~r~d, pl~ad. ~wi~d. a~d tMwa4 or th~t F~e~ftK rrwy b~ bvi~d or aua~eA upa~ f!~ M1or1p~
+~e, or t}w ind~btdn~u secur~d her~b~r. ~ad~ and wKy, wF~ dw and p~yabl~, aaordinp to law, befwe th~y becom~ d~IM~qvem, and b~fon am kn~pt ~
sttaches a any penalty is k~twred; AND INSOfAR AS ANY THEREOf IS OF RKOR~ ?HE SAME SMAII aE PROMPiIY SATISf1ED AND DISCHARGEp Of
RECORD AN~ TME ORIGINAI OFFICIAI pOCUMENT (SUCN AS, FOR INSTANCE, THE TAX RKEIPT OR ?ME SATISfACT10N PMER OFfIC1AtLY ENOORSED
OR CERTIFIEO) SHALL 8E PLACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFiER PAYMENT; ~nd i~ th~ ~wnt that any tl+~rsof $ rqf
~ paid, sN'sfied and discfiarged a:d AhORTGAGEE may at aMr time pay tM ~am~ a~ny pan thereof withovt waiv]rg or ~ffectinq ~ny optan, lien, puiry a
.~aht undK a by virtw of this mortgape and the full amou~t of each ai+d evtry such payment thall be imrnediately due ar+d payabb and shall b~ar imaest
~rom the date the?eof until paid N rate of n~ne pe? centum pa annum and topether w~~h iuch interest sMll be ~ecwed by th~ lan of tl~:s mbrptp~.
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