HomeMy WebLinkAbout1452 ~~7`~pp ~
TMtS INDEfYTURE, M~ 1he 14t~h d~y of Janwry , A.p. 19-~, betwee~
Mari~ Jacksonz a~ sinylv adult
St~ LUC ~ County Flo~id~, Mrei~aita dtsgnated as the "MORTGAGOR," and FIRST FEOERAL SAVINGS AND IOAN ~
ASSOCIATION OF FORT PIERCE, a co.porar~on o~yani:ed and ex~sf~ng under tha lawa of tM Untted Staia ot Amsric• and h~viny in principa! pl~ce of
b~i,nss~ in ths Ciry of fwt Pi~.q, 5~. luc;s County, Florida; har~i~aha dlsi9nat~d ai ths "MORiGAGEE:'
WHEREAS tM MORTGAGOR is justly indebtad to ths MORTGAGEE in the sum of S BLg~+~ good and la,viul maney of thc U~~~ed t
Srates advanced by the MORTGAGEE unto the MORiGAGOR, as evidtnced by a certain promiaso~y note of even de~e herewi?h, of ~nrh~ch the foltowing in
ha~ds snd figures is a trvs copy, to-w;?:
s 8'9~'~ 3-17~835
Fort Pier~s, Flwida, JAn~rY 14 ~q~_
foa vatue received, 1, we w either of us, prom~se tpo(~(a~y, without defalcatiun, to the order oi FIRST FEDERAL
ASAVINGS AIVQ IOAN ASSOCIATION Of
iORT PIERCE at Fort Pierce, Florida, the sum of j 8S_~~"~~ w;th interesi from date at the rate ot"~0 % per annurs, in mon~hly instatF
•~.rnrs as fot!ows: 5-126!~ on the lst day of ~~h 197'? and a like sum on the cwrespond~ng day of each month fhe~r
~trer unri) the whote be fully paid.
Each insrallment first shall be app~ied in payment of the interest and then on the unpa~d balance of the princ~pal sum. If d ault is made in the ~
,.,;inenl Of any installment when due, and such default continues 30 days, then af Ihe opti7n Of the ho~der, and without any other ~wt~ce, alt tMe remaining '
:~sratlmenrs shatl be due and payable af ance. Priv~leys is yivrn ra prep~y lhis no~e in whole or in pa?t at any t~me without penalty. Neithcr faebearance,
nor acceptance by the ho7der the~eo! sltrr sny default in any payments herewn, shaU be deemed eztension. A lale payment charge of S 6~-~~ shal) be ~
~dded to each ins~allrnent remaining unpa~d 7 days sfter its due da1e, and • fike sum sha~l be addcd to each auth inatallment remaining unpaid 7 days after ~
rach sucteeding payment. date. )
Each maker, surety and endorser hereol, jointly and seve~ally, waives demnnd, preuntment proteaf and notice of pro~est fw nonpaymenl, and funher
egrees to any extension of t~me of paymem, either before or after matu~ity, without not~ce to any of us; and to pay all costs of collectioo, includ~ng s
~r~sonable attororyb fee in the event of any default hereunde?, a~d hereby ~everally waives alt beneFit oF homestead and exemption unde~ the tonslitufion
~:.d la•~rf of each State of the United States, as against this obligation w any exte~s~on or renewal hereof.
W~tness the hand and teal of each party.
_ s/ Msri~ Jackson. a sin9le ~y12t
(SEAt)
(SEAt)
~ 13 .35 ~u>
- ~ State Revenue
-(~+e?nps aa+KeMaJ ~w ~riyirwl~.wt~~- *
NOW, THEREFORE, Ihe MORTGAGOR fw the purpose of securing p~yme~t of said sum of S 8~9~~~ ,•nd tM ptrfo!mance of ths ~
covensnt~ and a9~eement~ here;nafter expiesscd, snd for divers good ~nd valuable co~side~ations, by lhese preients, does g?ant, barpain, sell, rem~se, ~
~~•;eese, convey and confirm unto the MORTGAGEE, its a~ccesso~s arv! suigns, atl that certain bt, piece or pucel of land, iituate, lying, ~nd ba;np in ths
County of $t. Lue iQ , and State of Flwids, deurlbed ~s follows: !
Lots 25 and 26~ o! Block 2, LINCOLN PARK ADDITION, NO 2~
in th~ City ot Fart Pierce, Rlarida, as recozd~d in
P1at Book 3, page 4~ ot the St. Luc3e County Records~?
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roqether with all and ~inguler ~h~ ~tnsmentt, heredi~aments •nd ~ppurt~ntes thereunto belcx~ginp w in anywiss ~ppertainin~ tl~ereto, and ~II r~ntt, iuues,
~ proceeds •nd profits xcruing and to ~caue from said premises, all of which are ir?cluded in the ~bove and fwparp dtttription and habendvm.
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TO HAVE AND TO HOt~ tF» ~bow describsd ~nd yr~nted premi~es unto ths said MORTGAGEE, i~s successors ~nd asaipns forever. Md t!N wfd
MORTGAGOR for hSr h~;n, QxKUtws, ~dminisuators and •aigns, h~reby covenant~ with tM ~aid MORTGAGEf, its ~vtcaton ~++d aaiiQn~,
t ihat ---sh,~'-.~~-- lawful(y se~zed oi the said premise~ in fee aimple: that tht same a~~ free, clear and dixha?Qsd lrom all liena and ~nc~m~
~rances in law a i~ equity, and th~t ~h@ wi!! and _ h~.r hei~s sF~all w~?r~nt ~nd d~f~nd th~ titl~ Io th~ sartw to tM ~aid
MORTGAGEE, its succeisors and asaiynt, fawer a~ainst tM lawfvl claims and demands of all perioru;
PROVIDED, ALWAYS ~hat if the MORTGAGOR shall pay unto tht MORTGAGEE the promisfory note herei~beia~ described and shall truly, promptly
and fully perfo~m, discl?arge, e:ecute, compiets, comply with and ~bide by each and erety the ~tipulations, syrQements, conditions ~nd covsnants of ~aid
Fromissory rate and of this AAortgaye, then this Mat~+ge and the Eatata her~by ueated sFull ce~s~ and b~ null ~nd void.
IT IS UNDERSTOOD tlut the wwd "Morty~ga" wF?ether in the •ingular w plural ~~ywher~ in this Mat9aye. ~hall be sinyular if on~ only •nd
stiall be plural jointly ~nd severally if mort than onr, •nd that tM word "'the'a" at uted anywhtre in this Mwtyp~ shall b~ taken ?o m~an "hia," "hers,"
; or "its;' wherever the context w implid or ~dmits. Alw, that wherever there ii a ~ef~rence in th~ cove~ants ~nd ~gredments her~in coM~in~d to any of
~ ihe parties hereto, tht same ihall bs construed to mean as well at th~ heirs, leysl represent~?ires, tuccessors and auipr?i (either voluMery by ut of t1n
t parties oi involuntary by openrion of the !aw) of the s~ms and that the covenanta 1~erein contained shall bind and th~ b.nefi~s and ~dvanuyq inur~
ro the reipeclive heiri, leq~l repreuntatives, tuccestors aod ~ss'yns of th~ parties hereto.
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Md ~aid Mortgsgors, fo~ themselvp and their heirs, le9al representstives, successors and ~sfigns, hereby jointly and s~ver~lly cov~nant and ayree
ro and with the said MORTGAGfE, in iuccessws ~nd ~ssiqns:
? i. To pay ~11 and tingvlar the printipa! and inte»st and ths viriovs and aundry sums of money pay~ble by virtue of said promissory note, and thi~
? mortyaye, euh and ~very, promplly on the da~n rcspectively tM same seve~aify b~can~ dw.
2. To pay a!I and unguiu the taxes, aues~mems, levies, liabilitiet, obliy~tiani and sncumbrancq of every natu?e and kind now on ~aid dturibe,d
prop~rty, a that here~it~~ may f» imposee, suffered. Pt~ced, levied, a aueiud theieon, p tM? hereaft~r may b~ levied w asutsad upon tF~i~ Mon9-
age, or ~F?~ indebtedneis secured her~by, e~ch ~nd ~very, wh~n dw and pay~bls, ucadinp /o law, befw~ they becort?~ d~linquent, •nd befa~ ~ny inurost
ariachea w sny penalty is incurrcd; AND INSOfAR AS ANY THEREOf IS Of RKORO THE SIIME SHALL dE PROMPiIY SATISftED AkD DISCHARGfD Of
kfCORD AND 1HE ORIGINAL OFfIC1At DOCUMENi 1SUCH A5, fOR INSTANCE, TNE TAX RECEIPi OR THE SATISiACT10N VAPER OFFICIAItY ENOORSED
' GR CERTIFIEO) SHAII BE PlACEO IN iHE HANDS Of SAID MORTGAGEE WITMIN TEN OAYS NEXT AFTER PAYMENT; and i~ the event that any rhereof ii ~ot
~ pa~d, sat sfied and discharged sa:d /rtOR1GAGEE msy ar any t~me pay the same o~ any part tF~ereof without waiving or ~}FeUinp any option, lien, fq~ity er
•~qM under a by virtue oi thit mortgage and the full amovm of each ~nd every such payment ih~ll be immed~ately due and payab:e and shdl be~r iMerest
~rom tl~e date thereof until paid at rate o1 n~ne per centum pcr •nnum ~nd together w~thau~h t~+ F~sll be~eyr~~y the lien of th:s rtwr9t~ye.
6~9K ~ijey PACE74
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