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HomeMy WebLinkAbout2210 V / 2?tJ022 ~HIS INDENTURE. Mad~ the 3rd day of ~Cetflb@Y A.D. 14 71 between _ Auc3ustus C. Jarkson and Julia C. JacksoA, his wife_ St . L11C1@ ~purTy Flcrida, hers'snatter de~igneted +s ~he "MORTGAGOR." and fIRST FEDERAI SAVINGS ANO IOAN ASSOCIATION OF fORT PIERCE, a mrporatan oryani:cd a~d ex;inny unde. tM Iaws of the Un~red Si~»s of Amaica ~nd Aavinp ih princip~: p~x~ of bus+n~sa in tM Ciry of Fort Pisrc~, St, lucie County, Florida, hcreinaher despn+ted as tM "MORTGAGEE:' , WHfREAS the MORTGAGOR is jus~ly indebred to the MORTGAGEE in the sum of S 6~~~' good and lawfut mo~ey of the Un.~ed Sfares adv~nced by ~he MOR~GAGEE unio ~he MORTGAGOR, as evidenced by a certa~n promisswy ~ote of even date herewith, of which the foitow~ny in wads snd figures is a!~w copy, to-w~t: i ~ 3-17,700 ~ s 6' ~O OO Fort Pierce. Florida. ~C@m~Y 3 ~ 19 71 for vatue rectived, I, we w either of us, prom~u to pay, without de{a'cation, to the order of FIRST FEDERAI SAViNG~S~ AND tOAN ASSOCIATION OF ~ FORT PIERCE at Fwt Pier:e, F~orids, the svm of S 6+ 4~ with interest from date at ihe rate of 8•`~°'6 p~? annum, i~ monthly instal{- # mems a~ fol'ovvs: S 85 on the 1St day of February 19_ 72 ~ I;kc sum a? the cwrespond~n~ day of esch month ~herr after until tFx whole be fully paid. ~ Each installment first shall be applied in payment of the interest and then on the unpaid batance of the prinupa) sum. If d ault is made in fhe F~ayment of any instaltmenf whcn due, and such defautt continves 30 days, then at the option of the holder, and without ~ny other not~ce, all the remaining ~ ~ns~al~menrs sha{I be due and payable af once. P~~v~lege is given to prepay this oote in whole or in part at any t~me Wi1f10U1 PtMlty. Nl~1FIN faebeararx~, nor acceptance by the hoider thereoi after any deieuit in any pa~mt~~1s herron, shaSl be dremed exra:u:on. A ~ate payment charge of = 4•25 s1+a~~ 6e added to each instaliment remaining unp~~d 7 days after iri due date, ~nd a like sum shaSl be added to cach such instoilment remaining unpaid 7 days aher each wcceeding paYmenf dafe. - - --,~,;;--r- ~ ~ ~ • • wa~v~ d.m..+d ..e~*ment rotest and notice of protcst fw nonpaymeM, s~d funher ~Y:a~ :T:i+~i67. ai::c=.i ca:.. . ~ C~, jQt^~.Y .~y~-' 'f, . ~ Q agrees to any eztcns~on of ~~me oi payrrKnt, e~ther before or afrer matur~ty, w~rhout nor:ce fo any of us; and to pay all costs of collection, includ;ng • reasonable attornay's fee in the event of any de(ault hereunder, and hereby severatly waives a~l be~ef;t of homestead and eaemption unde~ the constitution and tavrs of each State of the United States, as aga~nst this obl~gation a any extension or renewai hereof_ Witness t!x hand snd s~al of each party. /s/ Augustus C. Jackson ~Ay cs~?u /s Julia C. Jackson ~~u cs~?U ~ 9. 60 ~ s+are aa~e.~„e ) NOW, THEREFORE, the MORTGAGOR fw the purpox of sccuring ptymcnt of said sum af S 6~ 4~ +~+d ~he Peham+^~Q of the covenants and agreemenfs hereinafter e:preised, artd fw d~vers good and vstuable cons~derat~ons, by thex presents, dxs granf, bargai~, sell, rem~se, relcax, convey and confirm unto tfie MORTGAGEE, its tuccessors ~r?d sss;gns. all that certain bt, piece w parcel of I~nd, tituate, lying, and being in ths ~ ~ St . Lueie and Stste of Fbrida, descr~bed aa foilows: ~ ; Lot lc~ and South S feet of vacated a lley ad jacent on north, Blnck 3, ~iII.LCREST SU~DIVISION, ~ i as pez plat thereof recorded in Plat Book i ; 4, Page 41, of the Public Recozds of St. ~ ; Lucie County, Rlorida,- ~ ~ ~ ~ i G ~ F`~F%VED t- IPi 8A"HE•:T `JF TAI~ ~ C'±E 0?1 CUI,S 'C lNTAHGIBLE PER~.tiA; P:tUPERT~ ' S j~;.~~T t- L v~{ ! L):a ?~~~'s:;iiT TO ~FiAPTFR ?0723, acrs oF isai. } LUC . T:; i_~X R'_1G~R POITF~S, Gerk Circuit CouR ~ _ ~ z I ~~~f'-~',:- a~ /l~ent for DAYIEL N. KNOWLES JR + 'J ~ = 1~~ -7~~j ~ = _ - ~ ' ` 9 s~ St Lucie Court~ Tax Cellector ' ~ ~ C4"•1.1i i.::ii.i.E~~ - ~ ~ ~~.~90~~2 =~.~a~ gY ~fl~ NC ~ D~tITY CLEe~K ~ ~ ~ ~ ~ ~ ~ rogether with all and singufar the tenemenn, hereditsments and appu.tances therevnto belonyiny w i~ a~ywise +PPertu~~~g therNO, and dl ren», issues, proceeds and p?ofits atauing and to accrue from s+id premises, all of whfch ue inclvded in the above +nd fore9oiny description ~nd hsbendum. TO HAVE AND T HQLD the sbove de:a~bed •nd yranted premises unto tM iaid MORTGAGEE, iri succawn and auipru forever. Md th~ said MORTGAGOR fa - t~e 1 r-- e:ccutors, adm:nistratas and ~ssigns, hcreby covenants with the said MORTGAGEE, its succeswn +~d ~sa~pro. ~ rhat t h~ d Ze lawfully sei:ed of the wid premises in fee simple; that tht same are ir~e, clear and discharyed from •N liern and encvrr~ 7 br~ntes in law or in equity, u~d that they W~~~ a~ t~l@ 11 heirs ahall w~rran! a~d defcnd t}w title to the sart» to tM said MORTGAGEE, in successors ~nd ass~yns, forever agsirot the lawful claims and dem~nds of all persau: PROVIDED, AlWAYS that if the MORTGAGOR sh~Il pay uMO the MORTGAGEE the promiuory rott htreinbefwe described and sMll ttuly, promptly - and futly perform, diuhsrge, execvte, compkte, comply with and ab~de by each and every the stipulatioro, agreem~nts, conditiau s~d tovenanb of said promissory note and of this Mortyage, then this Mortpage and the Estate hcreby ueated sh+ll uase and be null and void. IT IS UNDERSTOOD th~t the word "Mortyagor" whether in the sinpular or plura) ~nywhae in thif Morty~ge, ~hall be sinyvlu if on~ only ard ~_j shall be plural joinNy and sererally if mwe than one, and that the wwd "their" as used ~nywhere in this Mortya~s sh~ll be taken to meM "bis:• ••~n,,• or "i»;' wherever the conte:t w implies or admits. Atso, that wherever there is a refe~ence in the corenanri and ayreemenri herein oontsined to any of rhe parties hsreto, the same th~ll be const?ued to mean as well as the hein, leyal represent+tives, successors and auigrx (either voluMary by ~ct of th~ ~ part~es or involuntary by operation of the law) of the ?ame and that the covcnsnti herein contained shall bind .nd rhe benefin and adwntsya invn +o the respectire he'us, I~yal representatives, succeswn and ass'gns of the p~rties hereto. - And taid Mortys9wt, fo. themselves and their heirs, leyal reprcu~t~tives, successws ~nd ~uiyna, hereby jo~ntly and seve?alfy cw~nant and pr~s = fo and with the said MORTGAGEE, its succesw~s end ~uigns: 3 l. To pay all and iinyular the principal and interest ~nd the wrian and tundry sums of money payable by -iirtue of taid promiisory note, ~nd tiMu morty~ye, esch and every, promptly on the days respectivety the same severally bec«ne due. ~ 2. To p~y alt •nd singufu the u~ces, auessments, lev~es, liabili~ies. ob~ipafiau and encvmtxsrxss of every natun ud kind now on said d~wibed = property, w th~t hereaft~r may be imposed, svffered, ptKed, kvied, w asseued thereon, w that hereafter may b~ kvied a assessed vpon this AAa1¢ e9e, a tFw i~deb+edr+ess secured hereby, sach and every, when due ~nd paysble. ~ccwdinp to law, before tFKy becwn~ dtlinquent, and befort sny inttrest - attaches w+~y pen~~tY ~s i~curred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHALL 8E PROMPTLY SATISFIEO AND DISCFIARGE~ OF _ RECORD ANO THE ORIGIhA~ OFfICIAI DOCUMENT (SUCH AS, FOR INSTANCE. THE TAX RE~EfPi OR THE SATI$fACT10N PAFER OfFICtAIIY ENDORSED OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXi AFTER PAYMENT; u~d in the event that ~ny thcreof is not ' paid, sat sfied and dischafged sa:d MORTGAGEE may at any hme pay the ssme w any part thercof without waiving or affectiny any option, lien, equity or , •~ahr under or by virtue of th3t mortgage and the full amovnr of e+ch and every iuch p~yment shall be immediately due and payabk +~d sha~~ be+r interest ` - ~•om rhe date +hereof u~~~~ pa~d at rare of ~~ne per cent~m per a~n~m •nd rofleehe..w~{i~ MKh~ry~~ shall q~~y~~by the lien of rh:• morytaQe. ~ [^CK i~ PAGE