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Home My WebLink About0068 23S~18 " THIS INDENTURE. Msde the 8th day of ~ All~ust A.D. 19 ~2 . bctween _ William R. Jahn and Beatrice A. Jahn, his wife of - y~t. Id1~A ~ Cp~nty Flwida, herei~affer desgnated •at fi~e-"MORiGAGOR," and fIRST FEDERA~ $AViNGS ANO IOAN ASSOCIATION OF fORT PIERCE, a co~poration wganizcd and exis~irg under ~~,e lawf of Ihe Un~ted Statoi of Americs and having its principal place of busineu in ~he Ciry of fort Pierce, St, lucie Couny, Flaida, F~ereinafter designated as the "MORiGAGEE:' WHEREAS t}~e MORTGAGOR is justly indebted to 1he MORTGAGEE in 1he sum of = ~ , good and lawiul money of the Un~ted Sraees advanced by t:~e MORTGAGEE un~o the MORfGAGOR, as evidenc~d by a certa~n prom~ssory note of even date herew~th, of wh~ch ~he foltow~ng in words and figures is a tr~e copy, to-wi~: s ~ 5~ 00~.00 ~~.,'1 R~6~ ; Fort Pierce, flwida. AuQUSt 8 19~_ : Fw value received, 1, we oa either of us, prom;se to pay, without defalca~ion, to ~he order of FIRST FEDERAI SAVINGS AND LOAN A5~?CIATION OF FORT PIERCE at Fort Pierce, Fbrida, the sum oi S--~Q~-~ with i~teresr from date at the rate of ~_.Q_°b per annum, in monlhly install- , ~~~e~ts as fol!ows: S-_~~a.~_ on the day of ~TanL~rv ~9___~ and a Gke svm on the co~respond"u:~ day of each month there- ~ e`rer until the whote be fulty paid. fach installment first shatl be appl;ed in payment of 1he interest and then on the UnFaid balance of the princ~pal sum. If d ault is made in the ~.~lment of any installment when due, and such default conrinues 30 days, then at the opti~n of the holder, and without any ather r+ot;ce, a~l the remaini~g ` ~~;stallme~ts shail be dve and payabte at once. Privilege is g~ven to prepay ~his rate in whole or in part at any time w~~hout pena~ty_ Nei~therp (rorebearance, nor atceptance by the holder lhereof afrer any default in any payments hereon, shall be deemed exte~sion. A late payment charge of 5-~, shall be ' added to each installment ~emaining unpa~d 7 d~ys after its due date, and a Iike sum shall be addcd to each such installment remaining unpaid 7 days after each succeed~ng payment date. Each maker, surety and endorser hereof, jointty and severalty, wa+ve~ dema~d, presentment protest and not~ce of protest fw nonpayment, and further agrzes to any ezte~sion of time of payment, eitF.Q. beTore ar after matu~ity, without notece to any of us; and to pay al~ costs of collection, includ~ng s re~sonable attorney's fee in the event of any drfaui~ hereundrr, and hereby severaUy waives atl benef~t of Fwmestead and ezemption urtder fhe constitulion ard laws of each State of :he United States, as aga~nst this obligation or any extens~on or renewat hereof. Wirness the hand ar~d seal of each party. J3~ln s/ F~illiam R. (SEAL) (SEALT ~ s/ Beatrice A . Jahn ~sEa~~ (SEAL) ( ~2'~~ ~ State Rerenue ~5~«w~wwMMed~ow-Misiwd-r»M) ~ NOW, THEREfORE, the MORTGAGOR for the purpose of seturing payment of said sum of S ~ K~O~•~ and the performance oF the covenants and agreements hereina[te~ expressed, a~ for divers good and valuable considerations, by these p~esents, dxs grent, bargain, sell, rem~se, ~ reiease, convey and confirm unto the MORiGAGEE, its auccessors and assigns, all that certain lot, piece or parcel of land, situate, lying, and being in the County of St. ~1C~@ , and State of Fbr~da, described as follows: ; Lot 22, Block 177, SOUTH PCRT ST . LUCIE, tJNIT 11, as per plat thereof on file in Plat Book 15~ Page ,~~~a~ ~ ~ ~ l,.,, 15, of the Pliblic Records of St. Lt~ ie County, Florida ~ ~<<• ~ . ~ , ~ ~ G~ J `~..'v:p f, : . ' ~ ` ; C:. y ~ ,~J' ~ s1-Ar~ 1= L O R I[.~A ~ ~~.r lU ~ ~ DOCUMEP1TAo",STl~?~P Tl~X ~ " ~ ~ ~ Z _ _ , - ~a ,~S v ~ ~ ~ > _ ~UG-8'72 ~ ~ = y~,Q C~' c' ~ ~ p _ 3 ` ~ t c~ . ~ 4~ ! ~ " o«~.~ a~~E~:~i ' 2 2 s o _ - P.B.~ro„z - °Q`~~~ :Y 0 fogether with all and singular the tenemenb, heud'etaments and appurtances th~rreunto belonging or in anywise appeAaining thereto, and all rents, issues, proceeds and profits accruing and to acuue from said prem;ses, all of which are included in the above and foregarg description s~d hsbrndum. TO HAVE AND TO HOLD the abovc descr+bed and grsnted premises unto the ssid MORTGAGEE, its successon and assgns forever. And the ~aid M.ORTGAGOR fw ---the ~I' heirs, executors, administrstors and assigns, hereby covenants with the said MORTGAGEE, its svttessws and +ttiyru, +hat -u+~,i--~---- lawfully u~zed of the said prcmix~ in fee simple; that the same are free, ctear and dixharged f~om sll liens and encum~ trrances in law or in equity, and that thev will and their heirs shall wa?ranl and deftnd the title to the same to the said - MORTGAGEE, its successors and assigns, forever against the lawiul claims and demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissay ~ote herr~nbefore deuribed and shall truly, promptly and fully perform, d~uharge, execute, comp{ete, comply with and ab~de by each and every the srip~Iarions, agreement~, condirions and covenaats of s~id promissay !wte and of this Mongsge, then this Mortgage and the Estate hereby sreated si»II ceau and be null and void. IT IS UNDERSTOOD tF~at the wwd "Mwtgsgw" wh!ther in the s~~?9ular w plural snywhere in thii Mortgsge, shall be singular if one. only and shall be plural jointly and uverally if more tha~ one, and that the wad "thcir" as used anywhere in this Mortgage shaN be taken ro mean "his," "hen," or "irs," wherever the contex? so implies or admi~s. Also, that whercver there is a ~eference in the covensnts and agreements herein contained to any of ~he parties hereto, the same shall be construed to mean ss well as the he~rs, Icgsl representatives, succesaors and assigns (either voiuntary by act of ~he parties or involuntary by operation of the taw) of fhe same and that the covena~ts he~ein confsined shall bind snd the benefit~ and advantages inure ro the respective heirs, lega) representatives, successors a~d ass'gns of the parties hereto. And said Mortgagors, fw themselves and their heirs, legal representatives, tuccessors and assigns, hereby jointly and severally covenant and agree io and witF~ tF~e said MORTGAGEE, its successors ~nd assigns: 1. To pay all snd singular thc principat and intere:t and the var~ous and sundry ~ums of money payable by virtue oTsa`~d promissory note, and this mortgage, each and every, promptly on the days ~espeaively tF~e same severally become due. 2. To pay ~II and sing~lar the taxes, assessments. levies, li~b~lities, obligstio~s and enc~mbrances of every nature and ki~d now en said dewibed property, w that hereafter may be imposed, suffereQ, plxed, tevied, or siseaud therew~, or fhat hereafter may be levied a assessed upon tbis Morty- a~e, or the indebfednesf secured Ixreby, esch and e0ery, when due and payable, accwding to Iaw, before they become delinqveM, and befort any iMeres~ arttches or sny penalty is incurred; ANO INSOFAR AS ANY THEREOF IS OF RKORD TH~ SAME SHAII SE PROMPTLY SATISFfEp ANO Dt$CHARGED Of RE~ORO AND THE ORIGIfVAt OFFICIAI OOCUMENT (SUCH A5. FOR lNSTANCE, ?HE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AllY ENDORSED OR CERTIFIE03 SHALL 8E PLACE~ IN THE HANDS Of SAID MORTGAGEE WITHIN 1EN OAYS NEXT AFTER PAYMENT; and in the even! tFwt any thereof is not ~~a~d, saYsfied and discha~ged sa:d MORTGAGEE may at any t~me pay the same or any part thereof wirhovt waiving or aflec~ing any option, lien, equity or •~qbt unde~ w by virtue of this mo~tgage and the f~ll amouni of eath and every iuch payment shall be immed~ately due and payable and shall besr intere~t ~rom the date thereof until pa~d at rate o} n~ne per centum pe~ annum and togRtiyp interest s~+.Y.Fr.ucured bv the lien of th:s morgtafle. B0~'K~ PA~E ~ pAfE _ r, ~ s ~ "?`.e-,.~..~_. . e........ r _ , _