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Home My WebLink About0408 2~$so ~ ~ THIS INDENTURE, Made ~he Sth day of SQpteOlber A.D. l9 72 between _ _ Carl Jackson and ~tarie D. .Iackson, his wife of $t . Lucie ~ Covnty Florid~, hereinaiter deiig~ated ss the "MORTGAGOR;' and FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, • capaation organ;zed and exi:ting unde~ the laws of Ihs U~ited Stat~~ of America ~nd having iti principal place of busineu in tM City of Fort Pierc~, St. iucie Counry, flaida. he~einafte~ desipnated as tM "MORTGAGEE." WHFREAS ths MORTGAGOR is justly indebted ro tF?e MORiGAGEE in the sum of s 5~~~ , good a~d lawful money of the Uni~e~d ' S~ates advanced by the M~RTGAGEE unto the MORTGAGOR, as evidenced by a certain promiuory ~ole of even date herewi~h, of wh~ch the (ollowing i~ ; wordasndOfigures~is a true copy, to-wit: _ ' No ~~18777 Fat Pierce, Flaida, September S i9 ~7? Fw value receivcd, t, we or either of us, prom~se to pay, wiihout defalca~ion, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fwt Picrce, Florida, ~he sum of s w;th interesl irom date at the rate of 7•7~ per annum, in monthly ini~afi- ~nents as toltows: Z ~8•~ on the 1St day of November~ ~972 and a like sum on the cwrespond7Sg'~ay of~lach montkthere- afte~ vntil the whole be fulty paid. Each instaltment fint shall be applied in psyment of the interest and then on the unpaid balance of the prinupal sum. If d ault is made in the Fayment of any installment when due, and such default continues 30 days, then at the opiion of the holder, and without any other notice, all the remaining ~n:taltments shall be due and payabte at once_ Priv~lege is given to prepay this note in whole or in part af any time withoul penalry. Neithr? forebearante, nor atceptance by the holder thereof after any default in any paymertts he~eon, shall be deemed extension. A late psyment charge of S 2~ 4O ahall be added ~o each installmenl remaining unpa~d y days after its dVe dale, and a like sum shall be added 1o each such instatlment remaining unpaid 7 days after each s~cceeding payment dare. Each maker, surety and endorser hereof, jointiy and seve~alty, waives demand, prexntment protest and r.otice of protest fw nonpayment, and further agrees to any eztens~on of t~me of payment, either be(ore w after ma:u:i:y, without not~ce to any of us; and to pay alt costs of cotlection, including a rrasonable attorney's fee in the event of any default hereunde~, and hereby severally waives all benefit of'fwrtwuead a~d exemption under the constitution and laws of each Stare ol the United States, as against this obl~gation or any extension or renewal hereof, Witne:s the hand and ieal of each party. (SEAI) s/ Ca rl ,)dCiCS011 (SEAL) • - (sen~) s Marie D. Jackson ~i~ f 7•$~ l Srate Reve~ue (Staro~i taocslk3lwo.oug'?ri~Coot`e~ NOW, THEREFORE, the MORTGAGpR for the purpose of securing payment of ssid sum of S 5+~~ • 00 ~ and the perfwmance of the covenants and ag~eements hereina(ter cxpressed, and for diveas good and valuable considerations, by these presents, does grant, bargain, sell, ~emise, release, convey a~d tonfirm unto the MORTGAGEE, its iucceswrs and assig~s, all that certain lot, piece or paral of Isnd, situate, lying, and being in tha County of St . Lt1Cl@ ti arid State of Flwida, desvibed ~s follows: Lot 6, Block 1, FRANKLIN PARK, according to plat thereof recorded in plat Book 6, page 32, public records of St. Lucie County, Florida, ~ LORjOA ~ ° t3QttiJ~iEt~~tf A~r si~r~~ - a~ j - OEP~.~E;?~*v~ - - , ~ o ` ~ ~ ~ i- ~ 111 P~?MMQft Gf 1R~ yca o IL ~ fEP-i'1S . : O 1. ~ O-,~ OUE Ott CiJ?43'C INiMI~i~~ ~~Iy. ~ p ± /1102 ~~w ~ ~ ~R A'1~ r~. Q f a / ~ ~ ~~Mi~~.~•~i~~ ~ , together with all snd singular the tenements, ?mreditamcnta and ap~wrtances 1F~ereunto belonginy w in anywiu appertaining thereto, and alf rents, issues, proceeds and profits acauing and to acvue from ssid premixs, all of which are incltided in the above and foregang dewipYwn and i~abeadum. TO HAVE AND TO HOID the sbove desuibed snd granted premises uMO the said MORTGAGEE, ifs successon snd auigns foreve~. And the said their MORTGAGOR fa heirs, executon, administrators and assigns, Fxreby cover?~nts with the said IIIiORTGAGEE, iri suctessors and auiyas, rhat a~~-- lawfully seized of the wid prcmises in fee simpfe; that tF~e ame are free, clear and discharged from al! leen~ and entvnr brances in Isw or in equity, artd that they vwi11 and their heirs sFutl warrant and defend the title fo the same to the said MORTGAGEE, in successors and au+gns, forever againsl the Iawful clsims and demsnds of ell perwns; PROVIOED, AlWAYS that if the MQRTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore deuribed end shall truly, promptly a~d fully periwm, diuharge, execute, complete, comply with and sb~de by each ar+d every the ttipulations, agreemtnh, conditions and covcnants of said prom~ssory note end of this Nbrtgsge, then this Mortgage and the Estate hereby ueated shall uase and be nvll and void. IT IS UNDERSTOOD that the word "Mwtgagd" whether i~ the singulsr or plural anywhere in this Nlwtgsge, ihall be singular if one only end ~ shall be plural jointly and severally if more tM~ one, and thaf the wwd "tF~eir" as vsed snywhere in this Mwtgage shall be tsken to mesn "his;' "hen," or "its," whereve~ the context so imp)ies o~ admits. Abo, that wherever there is a referer?ce in the covenants and agreements F~erein contained to any of the parties hereto, the s~me thall be caatrued to mean as well as the heirs, (egal representativp, successon and assgns (either voluntary by act of the parties a involuntary by operation of the Iaw) of ~he same and that the covtnaots herein contairxd ahaU bind and 1F~e benefits and advantspes inure ro the respective he'us, kgal representatives, suctessors and au'gns of the partiei hereto. And said Mortgagors, for themselves and their heirs, legal representatives, successors and assigns, hereby joimly and uverslly tovenanf and agree ro and with the said MORTGAGEE, its successors and assig~s: 1. To pay all and singuls~ tfK principat and interest snd the vsrious and :undry sums oi money payable by virtue of said promissory note, and this mortgage, esch and every, promptly on the days rospectrvely the ssme severally become d~e. 2. To p~y sll and singular the taxes, asscuments, levies, liabilities, obligations ~nd encumbrances of erery nature and kind now on iaid described p~ope?iy, p that hereafter may be imposed, suffered, platcd, (evicd, w auessed thereon, or that hereafter may be levied or auessed upor. this Mort¢ age, a the inclebtedneu secured hereby, esch and every, when due ~~d payable, xcording to law, before they become delinqueM, and befwe any interes~ attaches or any penalty is i~curred; AN~ 1NSOfAR AS ANY THEREOF IS OF RECORD THE SAME SHAII BE PROMPTLY SATI$f1E0 AND DISCHARGEO OF RECORD AND THE ORiGtNAt OfFIG1AL DOCUMfNi ~SUCH A5, FOR INSTANCf, THE TAX RECEIPi OR THE SATISFACiION PAPER OFFICIAIIY ENDORSEO OR tERTIFIED) SHAII BE PtACEO IN THE HANDS Of SAIO MORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT; snd in the event that any thereof is not paid, sat'sfied and diacharged sa'd MORTGAGEE may at any time pay the same a any part lhereai without wsiving o~ ef(ectirg any option, lien, eqvity a •sqht under a by virtue of this mortga~e and the full amount of each •nd every sucA payment shall be immediately due and payable and shall besr inferest ~•om the date thercof ~ntil paid at rate of .:~.K per centum per annum and together w~th such interest shall beQe~r lien of thi/~I~taye. d00K~.~v~! ri'~~ #i~ ~ . _ _ " _ : : ~