The URL can be used to link to this page

Home My WebLink About1259 I~ruV1Vi THIS INDENTURE, N4d~ the 15~h d+y of September _ '72 A.D. 19~_. between _ Lucious Jackson and Katie Jackson, his wife , of St • Ll1C ie Counfy florid~, hereinafte? deiig~s~ed as the "MOR~~IGOR;' snd FIRST FEDERAI SAVINGS ANO IOAN ASSOCIATION OF fORT PIERCE, • corpaation organizcd and exis~inp ur~da the laws of the U~it St~tst ~f Ainerit~ and ha~iny in principa! place of business i~ ths Ciry of Fwt AiNCe, St. lvcie County, Florida, he~einaiter desi~na~cd ~s tM "MORTGAGEE." WHEREAS tM MORTGAGOR is ju~tly indebted to the MORTGAGEE in the sum of S-~a~+OO s~O , good and lawful money of the United S!ates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certai~ promisswy nots of even date herewith, of which the followin9 in wordi ~nd figu~es is a frw copy, to-wiC = S ; 600 .00 10018822 Fon Pieres. F~o.~ds. ~ptenber 15, ~y72 For value received, 1, we or either of us, prom~se ?o pay, withovt defalcation, to ~he order of FIRbT FEOERAt SAVINGS AND LOAN ASSOCIATION OF ~ FORT VIERCE at Fwt Pierce, Florida, the :um of S 5+6~ with interest from date at the rate of7•75 % per sru~um, in monthiy insfall- ~ ments as follows: = 6~ on the ~3~,_ day of NovembeL , 19_~_ snd s like sum on the cwrespondinp day of each month thcre- after until the whoie be fully paid. Each insta!lment first shall be applied in payment of the interest and then on the unpaid balance of the principal sum., If d,wh is matle in the paymeN of any installment when d.ie, and such default continues 30 days, then at the option of the holder, and without any_othqr rqYKe, atllhe remaininp installmems ahall be dve and payabte at once. Privilege is given to prepay this note in whole or in psrt st sny time without penalty. Neithe~ fo?ebearance, nor atteptan<e by the holder the~eof after a~y defauh in sny paymer.ts hereon, shall be deemed extension. A late payrrK~t tharge of S.-~, shsll bs , added to each installment remaining ~npaid 7 days afte~ its due date, and s like sum shall be added to each such installment remaining unpaid ~ dsys after each succeeding payment date. Erch maker, surety and endorsor hereof, jointly and seve~ally, waives ~emand, p?esentment protest and notice of protest fo? nonpayment, and furlhe~ agrees to any extension of time of payment, either before w after maturity, without not~ce to any of us; and to pay all cosrs of collection, including s reasonable attwney's fee in the event of any default hereunder, and he~eby severaUy waives all benefit of homestead and exemption unde~ the constitution and laws of exh Srate of the United States, as against this obligation o? any extension or renewal hereof. Witneu the hand and ual of each party_ S/Luc ious Jackson (SEAI) S/Katie Jackson ~u $ 8 • ~ ) State Revmue ~u NOW, THEREFORE, the MORTi'iAGOR fw the purpose of securing payment of said sum of S Ss 6~• O0 , and the performance of the covenanb and agreemenrs hereinafte? expreued, arx! fw divers good and valuable considerations, by these presents, does grant, bargain, sell, remise, release, convey and tonfirm unto the MORTGAGEE, its successors and au~gns, all thaf certain lot, piece u pucel of land, situate, lying, and being i~ the County of S't . LL1C ].e and State of Fbrids, dcsv~bed as follows: I.ot 11, Block 5, 90LTTHERN PINES S~DIVISION, as per plat thereof in file in Plat Book 9, page 68, public records of St. Lucie County, Florida. ~ STATE nF LO R 1 D A~ ° DOCUMENZARY ~•y•.,,_STAMP i A?: ~ ..Z G 1N Pn`rM~ c°~ ° DEPT. O i R E I I ENU E ~ 9E~EI V E D ~ P(tp P E R 1 w l~pkGlBlf PE~~ ~ a ~ S~'r ~ ~ 72 • • „ O B. ~ O I D'JE ON j~ C~iER 71-~• ~S _ ~11~2 ~ PURSUIIPI ~;fR PO~TRAS ~ ~RK CIi1GS(i COUf~. ST. 111GE ~A+ ~ together with all and sinqular rhe teoements, herediuments ~nd appurtances therevnto belonginy or in anywise appert~ining therero, and all reats, iuues, proceeds and profits acuuing and to accrue from said premises, all of wFiKh are inclueled in the sbove and foreyoing dewiption and I~abendum. TO HAVE AND TO HOLO the ~bove desuibed snd granted premisea unto the said MQRTGAGEE, its wccessas ~nd auiyns foreve?. Md tM said MORTGAGOR for -~~1 r---- heirs, executon, administrators and assgru, iroreby tovenanfs with 1he s~id MORTGAGEf, its wcCessors and asll~rts, ,ha~ _ thev dPg-- lawfu{ly seized of tix said prcmises in fee simpte; that the same ere free, clear ar+d dischsrged from all lieru u~d encum- brances in law or in eqvity, and thst th~V w~~~ a~ thBiZ hein shall wsr~anT and defend ths tit~e fo the sam~ fo the s~id MORTGAGEE, its successors snd augns, forever against the lawful claims and demands of all p~rsons; PROVIDED, ALWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the promiuory note hMeinbefwe destribed a?~d shsll truly, promptly and fully periorm, diuMrge, execute, complete, comply with and abide by each and every tMe stipulatioru, apreements, condif;ons and coveaants of ssid prom;ssory note and of this Nbrtgsge, then this Mortgage arx! the Estate hereby uested shall cease snd be null and void. IT IS UNOERSTOOD thst ~he word "Mortgsga" whether in the singular ot plura) anywhere in this Mwtgage, shall be sirgul~r if one only ~nd ihall be plural jointly snd severally if more tFun one, and that the word '9heir" at used anywhere in tl?a Mortgage shetl be taken to mean "hu;' "hen;' or "iti;' whe?eve~ the context so impties w admits. Also, that wherever there is a ~efaence in the covenants snd ayreemenri herein contsined to any of rhe parties hereto, the same shall be consr.ued to mesn as well as the heirs, legal represent~tives, svtcessors and auigns (either volunury by ~ct of the ' partip or involumary by operalion of the Isw) of the same and that the covenanri herein confsined shal) bind and the benefits aod advsnt~as inu?e $ ro the respective heirs, legal representatives, successors and su~gns of the parties hereto_ j And said Morigagors, for themeelves and their heir~, legsl rep?esentatives, successo~s and suigns, hereby jointly ~nd severally covenant and ayree so and with the said AhORTGAGEE, its tuccessors and sssigns: 1. To pay all and tinyular the principal and inrerest arx! the variovs and sundry sums of money paysble by virtve of said prom;tsory npte, and thit mortgsge, eath and every, prompHy on the days respectively 1he same sevsrally become due. 2. To psy all and sirgula~ the taxes, sssessments, levies, liabilities, obligatioru snd entumbrsnces of every nature and kind now on ssid described P*operty, w that hereafter msy be impoted, svffered. Pl~ced. {svied, or ~ssessed thereon, or that herrafier msy be levied a usessed upon this AMortp- sge, w the ir?debtedneu secured hercby, e+ch and every, when due and p~yable, sccordi~ to law. before tl+ey become delinquent, snd befwe sny intereit artaches a any penatly is inturred; ANO INSOFAR AS ANY THEREOF IS OF RKOR~ THE SAME SHAII BE PROMPiIY SAT(Sf1ED AND DISCHARGED OF RECORD AIVD THE ORlGlNAI OfFlCIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED OR CERTIfIED) SHALL BE PLACEO IN THE HANDS OF SAID MORTGAGEE WIIHIN TEN DAYS NfXT AFTER PAYMENT; sr~d in the event th~t sny thereof is not paid, sat'sfied and d7scharged sa:d MORTGAGEE may at any time pay the same w~ny part thereof wit?avt waiving or affectiny sny option, lien, eqvity a •~qht under w by v+rtue of this mortgage and ~he full amount of esch and every such payment shall be immediately due and payabk and ihall bear interest <<om the date thereof until paid at rate of nine per centum per annum and togefher w~th a~ch interest shall be secur t ' 01 th:s morgtaye. ~ ~QQ~ t~~:~ , _Y _ - a x ~ ~ ~ - - -