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Home My WebLink About2711 24'7622 THIS INDENTURE. Made t1~~ .22nd day of `J~u~y . A.D. 19 73 between ~ Georae W. Jacobi and Mary A. .Tacobi, his wite of St• ~'uCi@ , Co~nty flwida, he~e~naiter desynated as the~ "MORTGAGOR."' and FIRST fEDERAt SAVIr~GS AND IOAN ASSOCIATION OF FORT PIERCE, • torpaation wganized snd ez~sting ~nde~ Ihe laws of the U~~ted Statos of Americ• and having its p~incipal piace of business in the City of Fort Pierce, St. lucie County, Florida, htreina(ter das~gnattd as the "MORTGAGEE:' WHFREAS the MORTGAGOR is juitly indeEted to the MORTGAGEE in the sum of S 27 , good and lawful money of the Un:ted ~ Statas advanced by the MORTGAGEE unro the MORiGAGOR, as evidenced by a certa~n pro~n~ssay note of even date herewith, oi wh~ch the following in . ~.ords and figures is a true copy, ~o-wit: i 27,000•00 N, 10019312 fort Pierce, Fiwida, J~uary 2Z __~q 73 L for value received, 1, v~e or either of us, prom~se to pay, without defalcai;on, ?o the order of FIRST FEDER.4L SAVINGS AND IQAN A5.`.JCI<.TION OF ~ FORT PIERCE at Fort P~crce, Flcrida, the aum of 5-27 ~l~ .v~~h ~nterast (rom date at ~he ~ate of 11~°o per annum, in monthly :nstall- •»nts as fo!!ows: S Z~`~ en 1he l~hday of J~e , 19_ 73_ and a like sum on ~he correspond~no day of each mon~h the~E- ~~rer uniil the whole be f~lly paid. ' ~ Each instaltment first shall be appl~rd in paymeN of ?he interest and thrn on the unpaid balance of the princ pal sum. If delault is medt• in the ~ F~; ment of any instaliment when due, and such default coNinues 30 days, thtn at ihe opt~on of the holder, and without any other ~utice, all tl~ remain~ng :~,stallments shall be d~e and payable at once. Privilege is given 1o prepay this note in whole or in part at any t~me without penalty. Kei~her forebearance, nor acceptance by the hotder thereof after any default in any payments hercron, shat: be deemed exrension. A late payment charge of j_ 1O• ~ shall be ~ .;cidad to each installment remaining unpa~ei 7 days after its due date, and a I~:e sum shail be adr'.ed to each such instzilment rema~ning unpa~d 7 da~s after ` each succeeding payment date. Eath maker, surety and endorser hereof, jointly and severally, waives damand, present~nent protest and norice of p~otest for nonpayment, and further '-1 a~rees to any extensio~ of nn,e of payment, either before o~ aiter maturity, without not:ce to a~y of us; and to pay all costs of collection, includ:ng a ~~,sonable artorney s fee in the event of any defau:t he~eunder, and hereby sevcratty vva~ves all benefit of homestead and exemption under the constitution ~ ~^d laws of each State ot the Umred States, as aga:nst ~his obligation w any exrens~cn or renewa~ hereof. Witness the hand and seal of each party. s/ Geor ae W. Jacob i ~5en~) ~ ~ ~ (SEAI) a s1 Mary A. Jacobi (SEAI) `~y~, (SEAt) Y~ ~ $40.50 ~ State Revenue ;S~a~t ~swrlici ~rigirrl~~e). NOiN, THEREFORE, the MORTGAGOR fw the purpose of sec~r~ng payment of said sum of = 27~~~~00 , and the performance of the covenants and ag~eeme~ts hereinafter exp~essed, and for divers good and vatuab'e considerations, by these p~esents, dces grant, bargain, sell, remise, .e~ease, convey and confirm umo the MORTGAGEE, its successors and asslgns, all that certain lot, piece or parcel of Iand, situate, (ying, artd being in the County of $t. Lucie , and State of Fbrida, desuibed as follows: Lot 21, Blxk 38, River Park, Unit 4, as per plat thereof on file in Plat Book il, Page 9, of the Public Records of St. Lucie County, Florida ~ [ f i b STATE oF FLORIDA ~ i cy `f DO~UMENTARY,~;.tSTitaMP T!,?_ ~ M ~ ~ s LfPi.OF KFVEMUE ~f . ~,a• ~ " _ G'~ i ~ o - -9'13 : O. 5 0' DUE ON s IN PAYIM = P8- EN~ Of Tlq(E,~ ~ o = I~IA2 CtASS'C 1lYTAfVGfBIE PERS;,i;~.iL P!~~?y~ ~ ' PU~St1RPfi TO CHAPiE4 71-134. q~)S p~ :y)~. . r~OGER POIrC1; ~ C1~RK CIRp11T CAUR1, S/. LUC,E ','p, F~q ~ ~ ~ ~ ~ +egether wlth all and singular the tenements, hered~taments and appurtances thereunto belonging or in snywise sppertaining thereto, snd all rents, issues, ~ erocesds and profits accruing and to accrue from said premises, all of which are included in the above artd foregoing dexription and habendum. ~ TO HAYE AND TO HOID the above described and granted premises unto the said MORTGAGEE, its successors and a~signs forever. And the said ~ their " 4',ORTGAGOR for heirs, executors, administrators and assigns, hereby covenants with the ssid MORTGAGEE, its successws and assigru, ~ rhat -~~X-~E-- lawfully se~zed of the sa~d premises in fee s~mple; that the same are free, clear and diuharged from all liens and encum- ~ ~ orances in law or in equity, and that tbeY will and tbel= heirs shall warrant and defend tFx tiNe to the same to the said ~ MORTGAGEE, its successors and assgns, forever against the lawful daims and demands of all persons; ~ PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe described and shall truly, promptly ~ and fully perform, d~scharge, ezecure, complete, comply with and abide by each and every the stipulations, agreements, conditionf and covenants of said promissory note and of thia Mortgage, then this Mortgage a~d the Estate he~eby created shall tease and be ~ull and void. ~ IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular or plural anywhere in this Mortgage, shall be singular if o~e only and ~ shall be plural jointly and uverally if mwe thsn one, and that the wwd "rhe~r" as used snywhere in this Mortgage shall be taken to mean "hi~;' "hen;' - or "its; ' wherever the conteat so implies or admits. Also, that wherever there is a refe~ence in the cove~ants and agreements lxrein contained to any of rhe parties hereto, the same sha~l be construed to mean as well as the heirs, fegal representatives, successors and assigns (either voluntary by act of the parties or involuntary by operation of the law) of the same and that the covenants herein tontained shall bind and the benefits and advantages inure - ?o the resFective heirs, legal representatives, successors and ass~gns of the parties hereto. And said Mortga9ors, for thrmselves and their heirs, legal representatives, successas and assig~s, hereby joinHy and severally covenant and agree ' ro and with the said MORTGAGEE, its succeswrs and aasigns: u~ 1. To pay all and singular the principal and interest and the various and sundry sums of money payable by virtue of said promissory note, and this ~ mortgage, each and every, promptly on the days respectively the same xverally become due. _ 2_ To pay all and s7ngular tF~e taxes, assessments, tevies, liabitifies, oW~gatio~s snd encumbrances of every nature and kind now on ssid described property, or that hcreafter may be imposed, suffered, placcd, levied, or essessed thereon, w that hereafter may be levied or assessed upon this Nbrt¢ age, or the indebtedness secured hereby, each and every, when due and payable, according to law, before they become delinquent, and befwe any iMerest arreches or any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RECORD 1HE SAME SHAII BE PROMPTLY SATISfIED ANO DISCHARGED OF - RECORD AND THE ORIGIhAI OFFICIAI DOCUMENT ~SUCH AS, FOR INSTAN~E, TNE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENDORSED rr~ CR CERTIFIfD) SHAIt BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS N~XT AFTER PAYMENT; and in the event that any thereof is ~et ~ E;a~d, sat"sfied and diuharged sa'd MORTGAGEE may at any hme pay the same w any part thereof wittsout waiving or aNetting any option, lien, equity w ~~qht under or by virtue of this mortgage and the full amo~nt of each and every wch payment shall be immediately dut and payable and shall be~r enterest 7,: ~~y ~•om fhe dare thereof unti{ pafd at rate of n~ne per cenrum per an~um and together w~th such interest shalL~k~e,sepyr~~y the I`en of th0s m~rgta9e. ~ r r~'~ ~ ~ E..;~~ iq~• ~ ~ - - ~~,j ' S . _ . L ~SeS ~J~L'~~~' .v~,. r~ ".a ~ , i., ~ _~~.'S'Fe°:'34~..~~