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THIS iNDENTURE. IN+J~ tM '11st ~y of March ~/1.~. 19
73- b~tw~en
Ocnald Richard Jennin9s ard Shason M. Jennin4s. his wile
uy~, . - t . • ~
of St _ Lu C. ~ ~ ~
tS Cou~fy ilorida, hertin~ft~t daig~+ttd as th~ "MORTGAGOR," ~nd FIRST FE~ERAI SAVINGS AN~ tOAN
ASSOCIATION Of fOAI ~IERCE, • oaporation a9aniud ~nd ~xi~tinp w?dK tM I~ws of th~ Unit~d S~~t~s oi An~ic~ ~nd havinp i» principal pl~p of
txr~in~u in tM Uly of Wrr PiKU, St. luci~ Counry, Florid~, MrtinaftN d~sipnat~d u tM "MORTGAGEE." •
WHEREAS tM lNORTGAGOR is jwtly lod~btd b tM MORIGAGEE tn th~ sum of i 16 s~~ yood and lawful morny of the UNted
Srar~s advanctd by th~ MORTGAGEE unto tM MORTGAGOR. ~s ~vid~nced by a cKtain promiuory not~ of ~vM dde herewith; of which tM followinp in
wadt and fipur~s b a trw copY. to-wit:
~ = 16,~400.00 . ~,b, ien~oso~
fort PiMOe. Florid+. M8! C tl 21 a 19~~_
~4
Fa vslw receired, 1, we or either of us, promiss fo pay, without defalcation, to ths order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF
fORT PIERCE at Fwt Pieroe, florida, ths sum of ~ 16 . 4~ . ~Q w;th interest f~om date at the rate of ~~f6 pa ~nrKxn, i~ nwnthly ir?ita14
~ ments u follows: = 135. ~ pn th~ i~tlday of ~v , 19
7~. ~nd a like swn on ths carespor?dina day of exh month thcrr
, after until tM whole be ivlly paid.
~ Each imullment fint shsll be applied in p~yment of the interest and then on ths unpaid bab~ce of the prindpal svm. If d~favh is enide in ths
~ payment of any inttallment when due, ar~d such default tantinuet 30 d~ys, ther? st the option of the holder, snd without ~ny other notics, all the remaininp
~ ~nstallments sMll be due and pay~ble at once. Privila9e is given to prep~Y this nota in whol~ or in p~rf ~t sM/ time without per?~ity. Neifher fuebtarante,
` nor accepqnc~ by the holder tF~eof after a~y defauM in any payments hereon, shall be deemed extension. A I~te payment char~e of ~~2~ shall be
~ added to each instaltment remainirg unpaid 7 days after its due date, and a like wm shalt be added to esch such installmeM remaining ur+paid 7 days she?
each succeeding p~ymMt date.
y~ Each maker, surety and endorser hereof, (oi~tly ard uwwlly, waives demand, presentment protest and not~ce of proteat fw ~wnpayment, end further
~ agrees to any exteaian of tirt+e of psyment, either befon or aher matwiry, without notice to sny of us; and to pay all cosri of mllection, includinp a
~ reasonable attorney's fee in tM event of any defauit hereunder, and he~eby sevcrally waives all b~~efit of homestead s~d e:emption under ths oon~tit?itio~
~ and laws of each State of the United States, as againit this obligation w ~ny extensia+ a renewat hereof.
~ Witness the hand and ual of cach party.
S/ Donald Ric6azd Jenninas ~q
~
cs~?u
~ S/ Sharon M. Jennings
~ t $24.60 ~ Stats Revenvs ~u
~ iit~e+P~aisnYef ~ee~aia~lr~
NOW, THEREFORE, the MORTGAGOR fo? the 16 400. O0
purpose of ~ecuring paymem of said sum of ; F ~nd the performance of ths
1 covenanq snd syreements hereirtafte~ expreued, and for divcn good and vslwble considerstions, by fhese presents, does yrs~t, bar~ain, setl, ~emiss,
~ retease, twwey ~nd confirm unro the MORTGAGEE, iri wcceuors and ~uigns, all thst tertain bt, pieoe or pucel of Isnd, sitwte, lyinp, and beirg in th~
~a,~~y ~ St . L11C1Q , and St~t~ of Flwida, describsd ~s 4ollowt:
Lot 11, PINE VISTA SUBDIVISION, as per plat thereof on file in Plat Book
9, page 58, of the Public Records of St. Lucie County, Florida, ;
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„ A oF Oi~l~CJ~
o~ GO UMEN hRY TAMP T!?X ~ p~ «_r,h,M ~ypa"'-
c''' N DEY1. oF RE1/EIfH~ s - i j.
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~ rogether with sll and singu~ar the tenements, hereditamenri snd appurtances thereunto belongirg or in snywise appertainlnQ thereto, and all rents, iuves,
~ ProCeeYlf aod profia socrving and to acvue from said premius, all of wFiKl+ are included in the ebove and fweyoirg description ~nd h~bendum.
, TO HAYE AND TO HOLD the sbove dewibed ae~d grsnted premises unto the s+id MORTGA~3EE, its successon a~d usiqiu forwK. And the saW
~ MORTGAGOR for th@,ir executon, administrslas and auigns, hereby cown~nri with fM said MORTGAGEE, its waesson and atsiyns,
~ that --~---i~Q--- lawfully seized of the ssid premises in fee simple; that tFn iame ant fres, clear and dixh~rped from all Ikm ud ~ntvm-
~ brances in Isw w in equiry, and t1~at thev w;ll . Lh@lr Ixin shall w~rrant a?d defend ths titk to th~ same to the s~id
MORTGAGEE, its successors snd assigns, f«wsr ayairut the lawfu! clsims and dem~nds of ~II persons=
PROVIDE~, aiwArs r~~ if fhe MORTGAGOR sh+Il pay unto the MORTGAGEE tFM promiswry note hareinbefore dewibsd ~nd ahall tnily, promptly
and f~lty perform, discharye, e:ecute, complde, comply with and ~bide by esch snd every the stipulations, ~reemenri, ~tions a~d oov~nts of said
promiuwy note and of this Mong~ge, then this MwtyaQe and the fttate hereby ueated shsll teass and M null and void.
' IT IS UNDERSTOOp that th~ word "Ma-tyaQa" whether in the singular or plwal ~nywhere in this Mwtyspe, shall b~ sinpulx if one only ~n~~
G shall be pl~ral jointly and severally if mon than o~e, a~d th~t tha word "their" ~s used anywh~r~ in this Mortyaye sh~ll be taken to mean "his," "Mn~
' or "its;' wherew? t1w context w implies or ~dmits. Abo, th~t wherever thas is a refNenc~ in th~ coven~nb arK! apreements herein oont~i~ad to a~ryr
~ fha panies hereto, the ~ame shsll bs construed to m~~n as w~ll as the hein, kyal ~~saent~tives, succesion and ~ssgns (~ithsr vol~nt~ry by sct of
~ parties o~ involuntary by op~ratan of tFw law) of th~ same and th~t the covenann herein coofsined sh~ll bind and tM barwfin ud advantapes k~w~
ro the r rve hein, a! r 4i
~specY lay spreuntativei, wccea~o?s u~d uupns of ths parties her~to. ~
Md ~aid Mwtpapora, fo~ themseires +nd tFreir hein, lay+l r~prssentstives, wtcessws and ~sti~ns, h~reby jointly ~nd s~vetally oov~runt and apr~t ~
i ro and with tM s~id MORTGAGEE, i» sucussors ~nd auqns:
; 1. To pay ~II ~nd iug~lar th~ principd and intaest and tM vuious ~nd wndry sums of maMy paYaW~ by virtw of said promiuay nott, and thq~
` mortpapt, s~ch ~nd wery, p~amptly on th~ d~ys ~~sp~ctiwly tF~e sartK s~v~rally becam dw.
~ 2. To pay all ~nd sinyut~r th~ t~xes, aue~sm~nt~, levies. liabilities, obliy~tions a~d ~ncumbr~nces of ~very n~tw~ and klnd now on sa{d d~scr~d~
: P~~~Y, a that Fwnaha maY b~ irnpoud, wffK~, pl~ad. Iwi~d, or ~wssed thereor~, a tM~ Mre~ft~r m~y b~ Iwiwd w~s~es~ed vpon Nds AAaq~ca
' ~9~, w th~ (r~bt~dn~u s~cv.ed hereby. ~ach ~nd ~wry. wlwrt dw ~nd piyabb, iawdirg a law. b~iw~ th~y becar~ ekUnqwm. ~nd b~fw~ ~mr MbnsC+m
I atf~CMf p~Il~t plMltY 1~ I~1CVtft1~; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SMAII dE PR0IYIPTIY SATISFIEO ANO DISCNARGED OF
RECORO AND THE ORIGINAL OFfICIAI DOCUMENT (Sl1CH AS, fOR INSTANCE, THE TAX RfCElVT OR iHE SATlSiACT10N PAPER OFfIC1AllY ENDORSE~
~ OR CER11FlED) SHAU DE PIACED IN THE HANpS OF SAID MORTCAGEE WIiHIN TEN DAYS NEXT AFTER PAYMENTj ~nd i~ tht want tMt ~ny t1~~of i~ no1
~ p~id, t~Y~fied ~nd discha?Qsd sa:d MORTGAGEE m~y at a~y tim~ p~y tM s~rne o~ any p~t 1he~wf without w~ivirq or ~ff~ctinp ~ny option, liu~, puiry or
~qht vndM o~ by virtw of thit mor~qp~ snd iM fu!! amovnt of ~~ci~ and ~very such paym~nt ~II b~ immediNely dw u+d payabl~ and ~hall b~ar ieNMp~
~ro,n Hw d~q the.~of un~il pa~d ~t r~~e of nin~ per esntwn p~r arnwm ~nd bpethe~ w~~i~ wch inte~~s~ flull be wcwed btr rM li~n of th:s morptp~.
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