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Home My WebLink About1395 u' 2~~~~ THIS INDENTURE, Mad~ the 11 th ~y of AL~LI~ti , A.D. 19 72 - between Le~ris T. Jacobs, a single adult and _ Eunice L. Jacobs, a single adult of Lueie ,~o~ofy Flaid~, hcreinaftar desgna~ed as the "MORTGAGOR," and fIRST FEDERAI SAVINGS ANO LOAN ~ RSSpC1A?ION OF FORi PIERCE, a corporation or9~nized +nd ex~iring v~der the law~ of the Un:ied S?atos of Ameriu and Mviny ib principal pl~c~ of f businsss in the Ciy of FoA Pieres, St. lucie County, Florida, hereinafter desi~nated as tM "MORTGAGEE:' i WHEREAS tM MORTGAGOR is ju~tly indebted to the MORTGAGEE in the sum of S 8~2QQ.~ good and lawful money of the Un~ttd ' S~ates advanced by the MORTGAGEE umo ~he MORTGAGOR, as evidenced by a certain promisso~y ~ote of even date herew~th, oi wh~ch the followirg in ~ words and figuref is a trw copy, to-wit: ~ 8,200.00 ~ 3-18~667 Fort Pierce. Flaid~. A~u$t ~ 19.L~ ~ iw value ~eceived, 1, we or eifhe~ of ~s, promise to pay, without defalcalion, to the orde? of FIRST FEDERAL SAYINGS AIVO IOAN ASSOCIATION Of ~ FORT PIERCE at fort~Ppierc~e, Florida, the sum of = $.2~• ~ w~th interest from ~te at ~he rate of7. r~ o pe? a~xwm, in monthly install- mems as foI!ows: i_~~L~L_____ on the _ day of Oetober 19.i~ ~ and a like sum on the torrespond;ng day of each moMh there- atter unlil the whole lx fully paid_ Each installment first shall be applied in payment of the interest artd then on the unpaid balance oi the princ:pal sum. If tl autt is made in the payment of any installment when due, and such default cont~nues 30 days, then at fhe opt~on oi the ho:der, and witho;'t any other notice, all rhe remaining ;,~sra!lmea~b shall be d~,e and payable at once. Prrvilege is given to p~ep~y this note in whol~ w in part al any time without penalty. Ncither fertbesrance, ` nor acceptance by the holde? thereof after any default in any paymenes hereon, shall be deemed extension. A late payment tha~ge af"'f-~ shall be added to each instal{ment remaining unpa~d 7 days after its due da~e, and a tike sum shali be added ~o each sucA insra+~ment remaining unpai~+ ) days after each succeeding payment date. Each maker, surety and endorser hereof, jointly a~d severally, waives demand, presentment protest and notice of prott,sr ih nonpayment, and further agrees to any extension of t~me of payment, either before w after maturity, without not~ce to any of us; and to pay al! costs of collectton, inciud~nq a ~ rrasonabfe attwney's fee in the event of any defaut~ hereund'er, and hereby severally waives all benefit of homestead and exemption under the conatitution j and laws of each State of the United States, as against this obligation or any extension or renewal hereof, Witness the hand and seal of each party_ ;S/L~wi.s T. Jacob4,, a 4i n~l _ a ~l ~A~~ (SEAI) S/ELn? ce L.. Jacobs, a~inQl ad ~l,sl..t~ ~ (-+~i-~2.3n ) State Revenue ~~U NOW, THEREFORE, ihe MORTGAGqR for the r 8 ZOO.OO } pu pose of securing payment of ssld sum of ~ . , and the performance of the covenants and ~greeme~~s hereinafter expressed, and fw divers good and valuable consider~tio~s, by theu presents, doea grant, bargai~, sell, remise, ~ release, convey and tonfirm unto the MORiGAGEE, its auccessors and assigns, all that cerfain lot, piece w parcel oF land, situate, lying, and being in the Couny of St. Lueie snd State of Fbrida, desvibed as fo!lows: Al1 that part of the North 100 feet of the South 614.21 feet of Government x Lot 1, Section 1, ToWnship 36 South, Range Lt0 East, xhich lies East of the East line of the right-of t~ray of the Florida East Coast RailWay; including f ~paz'iart rights. Exce~~ting therefrom the ri~ht-of-way of South Indian ` Ri~~er Drive. W S~iATt.QFri-OR1VA 4 oocuN~~Tn~-~ s7c~r~`X ~ j - ~UG27'l2 •,r •y' ;3 = ~G iN PAYlAEM OF T~~ o = _ # I 2 3 0= o~ oai a,?~s t- ~ni~~?rc~ ~~u pwo~ul~ N v L'(~I.ef tEl[[C1iE p(ji~IH('~( TO rt'H~~'i:~ , 2•1 ~ i. :.:~i: :•F i8I1. P.B.19o~~z r~:f_R : ~irrt; CtE~sK CIRCJIT UAlc,. :.i. t:~`:t~ ^C~, fl:~ togeth~r with all and singuiar the tenementa, hereditaments and appurtsntes therevnto belonging or in anywise sppert~ining therero, ~nd all rent~, iuues, proceeds and profits scavirg and to accrve from ssid premises, alf of which sre includcd in the above ond foreyoirg deuription and habtndum. TO HAVE AND TO HOLD the sbove dewibed and granted premises unto the said MpRTGAGEE, its successors snd ssigns forever. And tM said AAORTGAGOR fa heirs, executort, administ~atws and auigns, hereby covenants with the said MORTGAGEE, iri s~ttessws and aui~m. rt,ar -~eY-~~+---- lawfully uiied of the said premises in ies simple; tMt tht same ~re fr~s, dear ~nd disch~rged from ~11 lia~s aod ~w brances in Isw or in equity, and that thPT will and their heirs shall wsrrsnt a~d defend the title to the ume to tM said MORTGAGEE, its successors and auigns, fwever against the Iawful claims and demsnds of all persons; PROVIDED, AlWAYS thst if the MORTGAGOR shall pay unto the MORTGAGEE the promiuory note hersinbefore dewibed and sha!! truly, promptly and fully periam, diuhsige, execute, complete, comply with and abide by each s~d every the stipulations, agreements, conditions and tovenants of said ~ promisswy note and of this Nbrtgage, then this Mwtgsge and the Estate hereby aested sMll cesse and be null a~d void. IT IS UNDERSTOOD thsl the word "Mwtgsgor" whether in the singul~r w plwal ~nywfrere in this 11Aort~g~, sAall ba singulK if oee only and ihatl be plural 'pintly and xverally if more than one, and that the word "their" ss used ~nywhere in this Mortgsge ihall be taken to me~n "hi~" "hen," or "iti," wherever the context so implies ot sdmits. Also, that wherever there ii a referente in the covenants a~?d agreements herein contain~d to ~ny of the parties hereto, the same shall be construed ro me~n ss well as the heirs, legal represenrarives, successas and auigns (either roluntary by ~ct of the parties or involuntsry by operatiw~ of the law) of the same and that the covenants herein contained shall bind and the benefitt a~d adv~ntaQes inur~ ro the respective heirs, leg+l represcntatives, successors and ass~gns of the psrties hereto. And said AAortgsgors, for tF?~mselves and their heirs, legal representatives, successors and assigns, hereby jointly and ievnally covenant and agree ro and with the said MORTGAGEE, its svccessors snd augns: ~ 1. to p~y all snd ii~yul~r the principat and interest and the vario~s and sundry sums of money payable by virtue of ssid promissory note, pnd this i mwtyage, esch u+d every, promptly on the dsys respectrvely the same severally become due. 2. To p~y all and singvlar the taxes, assessmenn, levies, liabilitiet, obtgations and encumbrances of every natwe snd kind raw on said described p-operty, or thst heresfter rruy be impoted, suffered, plxed, levied, a ~ssesud the~eon, tx that heresfte~ m~y be levied or usessed upon this Morty~ age, a the indebtedrxu iecv?ed hereby, esch and every, when due snd payable, xc«ding to law, befwe they become delinquent, ~nd before ~ny inte~est a~raches w any penatty is inc~rred; AND INSOfAR AS ANY THEREOF OF RKOFeO THE SAME SHAII BE PROMPTLY SATISfIED AYD DISCHARGE~ OF RECORD AND THE ORIGINAt OFFICIAL DOCUMENT (SUCH AS. FOR INSTANCE, THE TAX RECEIPT OR THE SAIISFACTION PAPER OffICIAIIY ENpORSED OR CERTIf1ED) SMAtI BE PtACED IN THE HANDS Of SAID MORTGAGEE WITHiN TEN DAYS NfX~ AfTER PAYMENT; and in fhe event that iny fhereof is not ' pa~d, sst'sfied and discharged sa:d MORTGAGEE may st any time pay the same w any part thereof without wsiving w aifeai~g any optiw?, lien, equity a •~qht vnder w by vntue of this mortgage and the lull amount of each and every such payment shall be immediately due and payable and shall beat interest < ~~om ~he date thereof untii paid at rate of nine per ce~tum p~r annum and toqether w~th such interest shall be secured by the litn of th:s morytaye, ~Q~x ~U~ P.~~~t 1395 ; s ~ - ; - - w- : _ s r ~ ~ ~ ~ ~ ~ _ _ ~'-~ar, c`~'--'