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Home My WebLink About2898 . ~ THiS INDENTURE, N1~d~ tM 27th d+y of `~~y . A.O. 19~~.., b~tw~en Raloh A. JQnninqs n~d Jeanette g,.~gp~pas~ hia,_.~~~ of St. LtC~! ~Ny Fbrida, her~inait~r d~tign~red ~s the "MORTGAGOR;' ~nd FIRST FEDERAL SAVINGS~ AND IOAN ASSOCIATION OF fQRT PIERCE, ~ oorporaYwn o~yani:~d and ~x+stinp under ~M laws of tFa United Suqs of Ame~ic~ a~d Mvinp itt principal pbc~ of busi~as~ in tM City of iorf PiKq. SI. lvci~ County, Flaida. F?ereinafttr d~~ipnat~d ~a t!» "MORiGAGEE." WHEREAS tM MORTGAGOR h jv~tly indebt~d ro tM MORTGAGEE tn 1M sum oi = 17 s 7~ • O0 pood snd I~wful money of the Un~ted SratN advanced by th~ MORTGAGFE unto th~ MORTGAGOR, as evidenced by a cer»in promissory note of even date herewith, oi which the followiny in wwds ~nd fiqures it a trw copy, to-wil: : 1ti _'7~ _ oo r,i,`100202 ~l fort Pi~~u. Florid+. .Jllly 27 ~y 73 ? for value •eceived, f, we w either ot ua, promise ro pay, without defs!cation, to the order of FIRST FEDERAI SAVINGS AN~ LOAN ASSOCIATION OF FORT PIERCE at Fort Pieres, Florida, the sum of s 17 ~ 7~ with interest from date at the rate o~.s~s % psr ~n~um, in monthly instill- ment~:s follows: s l~•~ on the ~th day of Seatenbe~r~9 snd a like sum a? tFa cwrespo~ding day of eac6 moroh the~e- after ~~til the whole be fully paid. Each installmeM fint shall be applied in paymeN of the interest and then o~ the unpaid b+bnce of the principa! aum. If defsult a made in the payment of any insrallment when dus, ar~d such defavlt cominues 3p days, then at the option of the holder, and without any other notice, all the remaininy ~ns~alime~h sMll be due and payable ae oncf. Privitege is piven to prepay this ~ote in whole w in part st any time without penalty. Neither fuabea~~nc~, nor scceptanc~ by the holder the~eof after any defavlf in sny payments hcreo~, shall be deemed extension, A late payment cha~Qe of S 7•~, shaU be added to each ins~aHment rema+niog unpa~d 7 days afte~ its dus date, and a like sum shall be added to each such installment remaining unpaid 7 day~ aftet each wccaedin~ payment date. Esth maker, surety and endorse~ hereof, iointly and seve~ally, waives demand, p~exntment protest and notice of protesl for nonpayment, and fu»her agrees fo any extension of time of payment, either before o~ after matu~ity, without notice to ~ny of us; and to pay all cosri of collection, includ~ng a reasonable attcrncy's fee in the event oF any default hereunder. snd hereby severalty waives all be~efit of homestead and exemption uncler the tonstitutio~ and laws of each State of the United States, as against this obligation or any extension or renewal hereof. w~e„~,s ~~a a~a ~i of ~a, ~.rY. g/ Ralph A. Jennings cs~Au cs~?u ~U s/ Jeanette B. Jennings ~ ~ 26. SS ) State Revenue - f~?s+e~s ZancsN~?-o~~w~QfnaF nole) NOW, THEREfORE, the MORTGAGOR for the purpose of tecuring paymeM of said sum of S 17 • 7O0 ~~nd ths perFormance of th~ covenants and a9reementi hereinaftet expreued, and fw divers good ~nd valu~ble consideratioru, by these presenri, does g?a~t, barysin, sell, remise, release, rw~vey and confirm unto the MORTGAGEE, in successo.t ~nd su~ns, ell that cert~in lot, piece or puul of I~nd, situate, lyinp, and beinp in ths CaR~y of St. L.UCle , and Stete of Florida, described a~ follows: Lot 1, Block '7, LAKBWOOD PARK UNIT Pp. I, as per plat thereof on ffle in Plat Book 10~ Pages 51, 51-A, 51-B, and 51-C, of the Public Records of St. Lucie County, Flarida, ~ ; STATE ~F FLOR{DA ~ og ~ DOC~, UMfNTARY .,--.r;tSTAMP TAX ~ r~ - Dfli. OF REVEMUE , ' • ~ . ~ ~~i O7 y. ~ ~,C, - "t0. 3~3~ • ~Zs.~J~J~ ~6 : ~ p = 11142 ''s...~" ~ ~ OE Q~QI ` : . ~j ~N~~~-,~~~ ~i9~~. ~ ~ s. , ~ ~~z ~~i\' ;I ~ a~,`~''~'~ o~`~~'~~` S~' ' ~ v~~° ~ ~ ~ " ~ c~ ~ E ~ I t togetF~er with all and sirgular the tenemenn, hereditamenb and appuN+~ces therevnfo belongirg or in anywise appert~inirp the?eto, and dl renn, issues, ` p~xeeds and profin xauing and to acvua from sa'~d prem'aes, all of wFiKh are intluded i~ the sbov~ ~nd foreyoinp deuripYwn and habendum. ; TO HAVE AND TO HOID the above dewibed and grs~ted premises unto tfie said NWRTGAGEE, in wcuswrs ar?d usiyns forev~r. Md tFr said ~ MORTGAGOR iw -S~ir - hei~s, executws, edministr~tors snd suigns, he~eby coven~nb with the said MORTGAGEE, Ns suaetaors and usipns, ~ ~hat th~ are lawfully seized of the said premises in fee simple; thst the same are free, ckar and diaMrged from all Hen~ and encvm- brances in Isw or in equity, snd tha~ t~Y will ~nd their hein shall wurant and deferd the title to the ta.M to ths aald ; MORiGAGEE, its ~uccessors and assigm, foreve~ sgainst tF~e lawfvl d~ims and demands of all panoiq; AROVIDfD, ALWAYS that if ths MORTGAGOR shsll pay ~nto the MORTGAGEE the promiuory note hereinbefore desuibed a~d shall truly, p?omptly and futly pe~form, dixharge, execute, compk~e, comply with and abide by each snd everyr the stipulations, ~greements, conditia?s and toven~nts of aaid ~ ' promissory note and of this N~ortga9e, then thi: Mwtgage and rhe Estate bcreby aeated shall ceass and be null and void. tT IS UtJDfRSi00D that the word "Mortgagor" whether in the singulsr w plura) anywt~e in this Matg~ye, sFwll be sinpulu if one only a~d shall b~ plural joinfly snd severally if more tMn a+e, and that the word "their" as used anywMre in this Mwtyape shall be t~ken to mean "his,•••1?en;• or "its;' wherever the contexs w implies u sdmits. Aiw, tlrat wMerever there is a referenca in the covenanb sr?J ayreemen» herein conlained to sny of ~ the partits hereto, the same shati be ca»tr~ed to mean well as the hein, leyal r~esent~tives, suaeuors a~d aui~~s (either volunbry by ~cl of tlw ° panies w invdunt~ry by operatan of the law) of tlx s~me and that the rnvenaMi hercin containcd sh~ll bind and the benefits +nd advantpes Fnur~ ` to the respective heirs, lega) represenratires, succeuors and ~u~yns of the p~rties hereto. f ~ ~ And said Matpsgors, fw themselves and their hein, legal representatives, successors and auiyns, hereby jointly and f@VN~IIy COVfMI11 ind ~r~e ~ fo and with the said MORTGAGEE, its successors snd suigns: t 4 1. To p~y dl and sinpulu thc princ~pal and iroerest snd ti+e vsriwn ~~d sundry sums of mo~eY paY~ble by virtw of ~aid promiuory note, and this " mort9aye, esch ~rwJ every, pomptly on ths days respectively the same sevenlly betome due. 2. To pay all ~nd sinD~lu the taxes, assessmenb, levies, liabilit~es, obfigations ~nd encwnbrances of every n~tur~ and kind raw on said desu~ed property, or that hereaher msy be imposd, wffered. Placed, kvied, or auessed thereon, w tMt ixreafter may be levied or ~ssessed upon this Mwrq- a9e, p the indebtedness secu~ed hereby. each and every, when due and p~y~ble, sccordinp to law, befwe they 6ecome delinquent, snd befon am imeresl i an~thes w sny penalty i~ i~cwred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SMAII BE PROAAPTLY SATISFIED AND DtSCHARGEO OF f RECORD ANO TME ORIGINAL OFFICIAL DOCUMENT (SIJCH AS, fOR INSTANCE, THE TAX RfCfIP~ OR THE SATISFACTION PAPER OfFIC1AlLY ENDORSED } OR CERtIFlED) SHAIL BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN 1EN DAYS NEXT AFTER PAYMENT; and in the eveM thst ~ny the~eof is not ~ paid, s~t'sfied and discharged sa:d MORTGAGEE may st any time pay the same or any paei tF?ereof witt~wit wsivinp or sffecting ~ny option, lien, equity or ~~qht undrr or by virtue of this mortgage and the full amount of eacl~ and every such psyment ihall be immedistely dve and psyable and sFull bear interest ~•om the date thereof umil paid at rite of nine per centum per ann~m and to9ethe~ with y~c~ir{yKyt~all be.'r~he lien of th:s morytaye- ~ 1,n ~iriV f.,'%. ~ • V ) ~ - '^^'~c ~ ~ _ d. ~ ~ ~'~'~~~.r~~-~~ ,S,t-~ > ~r. ,z~ -a. . . , ,v,.'-.'~t:_~~~~."r~.+,'~+.,.~'