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HomeMy WebLinkAbout2458 ~6~258 _ b iHIS INDENJURE, N4ad~ tl,e 12th day of October . A.D. 19 7 betwcen Paul B. Jacquin and Cheryl A. Jacauin~ his wi~e ~ of St • ~.UC ~@ County Ftorids, lKrainsfta desg~ated ai ths "MORTGAGOR," ~nd FIRST FEOERAL SAVINGS ANp IOAN ASSOCIATION OF FORi atERCE. • corporat~on wQ~nized a.+d exi~tin~ undea the tawi of ~M Unired Sfat~s of America ~nd Mvinp itf. p~i~cipal pl~c~ of buu~ess tn 1M City of Fprt Pi~rc~, St. tuca Covny, ftaida, hereinafter detiynaied as tM "MORiGAGEE:' WNEREAS 1h~ MORTGAGOR is jwtty indebtad ro tM MORTGAGEE in the sum of Z 26)7~•~ , good and I~wful money of the United Srates advanced by the MORTGACEE unto the MORiGAGOR, as evidenced by s ce~ta~n p~omissory nots of even date herewitb, of which the following in .wads a~d f~ ures is a trw copy, ~o-wit: . s 26, 7~0.00 r,~,10020495 fo.-t Pierc~, Flwida, ~ctober IZ ~q~_ fa value received, 1, we or either of us, promise to pay, without defalcation, to the order of FIRST FEOERAI SAViNGS AfYD LOAN AaSOC1AT10~1 OF ~ FpRT PIERCE at Fwt Pierce, F{orida, the sum of = 26 ~ 7~• ~ w;th interest irom date at the rate of 9• 2~ per annum, in monthly ins~all- mentt as fol!ows: S 229.00 20th d,Y of Januarv ~9 74 and a like sum on the cwrespondinp day of each ~ronth therr after untit the whole be f~Ily paid. Each installment fir~t shsll be applied in payment of the interest and then on the ~npaid balsnce of the print~pa) sum. If defa~lt is made %n t1w Faymenl of a~y installment when due, and such defautt continues 3d days, then at the option of rhe holder, a~d without any olhcr notice, all fhe rema;n:ng ,r~sfallments shall be due and payable at once. Privitega ia given to prepay this note in whole ot in part at any time without penalty. Neither to•ebeara~ce. nor acceptance by fhe holde+ thereof aiter any default in any paymenb hereon, shall be deemed ezten:ioo. A late paymem chrrge of S j 1' ds shall be added to each installme~l remaining unpa~d 7 days after its due date, and a tike sum shali be added to each such instaltment r~maining ..npaid 7 days aftet each succeeding psyment date. Each maker, surety and endorser hereof, jantty and severally, waives demand, presentment protest and notiu of protest t.>r no~paymenl, and furthnr agrees fo sny extensian of time of payment, either before w after ma!urity, without notice to any of us; and to pay aq costs 6f coliection, includ~ny e reesonable atrorney i fee in the evert~ of any defauit hereunder, snd Fxreby seve~ally waives all be~efit of homestead and exempticn u:xier the constitvla,: a~~d laws of each Sute of ~he United States, as against this obligatio~ ot any extensio~ w renewal hereof. Witness the hand a~d seal of each party_ s/ Pau2 R_ JBc~n~~~n (SEAI) (SEAI) (SEAU . s Cheryl A. Jacquin ~ ' 40 ~ ~S ) State Revenue tsraT~~eflaetarrerlgtnaf t~aie~ NOW, THEREFORE, tht MORTGAGOR for the r 26 7OO.00 pu pose of securirg payment of said sum of S- • ar?d the perfwmance of the covenants and agreements hrreinafter expressed, and fa divers good a~d valuable consideratio~s, by these presenq, does g?ant, bargain, sell, remise, re:ease, convey and confirm unto the MORTC~AGEE, its auccessors and auigns, all ihat certain lot, piece or parcet of land, situate, lying, and being in the Couny of St. LIICl$ and State of Flwida, described a~ follows: Lot 10, Block K, MARAVILLA ESTATES, as per plat thereof on file in Piat Book 8, Page ot the Public Records } of St. Lucie County, Florida, . ; ~ ~ ~ _ ~ S~"ATE ~fi ~ - ~ o~ ~ DO~UMEN7ARY-,~-; ; ST~WjP~{~j ! ~ ~ :iEP:. oF xEVENUE r m - PR _ ~T ~ ~~3~~. . = ~ 4 0. 0 5 ; . o ; u~e2 , _ ~ ~ - 1tECE1MFD IN~ ~lY, ~ OtE ON CLkSS'C qRAlI81~E ~ ~p q1ApTQ 7l-13/. iIC15 ~~9/i. ~ ~ i,,r _ OLaIK Cllraht OOU~ N' ~iIC1E 0~. ~ . 4 r ~ togetF~er with all and singular the tenements, herediiaments ~nd appurtances tFiereunto belonging or in anywise appertaining thereto, and sll rents, iuues, p~xeeds and profits accruing snd to accrue from said premises, att of which are irxluded in the sbove and foregoing dtsviption end habendum_ TO HAVE ANd TO HOLO the sbove desvibed and granted premises unto the said MORTGAGFE, its svaesson snd auigns forevb. Md tt~e s~id MORTGAGOR for heirs, executors, administrafws and assigns, hereby covenanb with the ssid MORTGAGEE, ib s~xcessors and auigra, ~hat --~~-y are - lawfully u~zcd of the said prcmises in fee simple; that the same ~re fres, dear and discharged from all liens and sncum~ i b~ances in Isw w in equ~~y, and thst tlle}L._ will and their heirs shsll warrant and defend the title to the same to the said ~10RiGAGEE, its successors and a~signs, fwever sgainst the lawful claims and demands of all persons; ` PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuory ~ote hereinbefore destribed and ahal! trvly, promptly ? and fully perfwm, d)scharpe, execute, complete, comply with and abide by esch and every the stipulatiw~s, agreements, conditions and covmsnb of uid promiuwy note and of this Mwtgage, then this Mortgage and the Estate hereby created shafl cease and be null and wid. IT IS UNDERSTOOD that the word "Mwtgsgor" whether in the singula~ w plural anywhere in this Mortgage, shall be singular if one only end shall be plural 'pintly and severally if mwe thsn one, and that the wwd "the~r" as used a~ywhere in this Mortgsge shall be taken to mean "his;' "hen," or "in;' wherever the context w impties or admits. Also, that wherever there is e reference in the covenants ~nd agreements herein contained to any of rhe pa.ties hereto, the same ahail be construed to mean as weN es the heirs, legal re{xeuntatives, successas and auigro (either wlunt~ry by ~ct of th~ 5 parties o~ involuntary by operat'wn of tF~e law) of the ssme and tha! the covenantt herein co~tained shsll bind and the bentfiti and advantages inure ~ ro the respective heirs, legsl representatives, successors and ass~gns of the parties F~ereto. ~ And said Mortgsgors, for themselves and their heirs, legal representatives, iuccessors and auigns, hereby joi~tly and seve?ally tovanaM and ayree tw,a , y ro and with the said MORTGAGEE, ita successors and augns: ~ 1. To pay all and singulsr the principal and interest snd the veriovs ~nd sundry sums of money psyable by virtue of said promisswy note, and this ? mo?tgage, esch and every, promptly o~ Ihe days respectively the same severally become due. ~ i 2. To pay •II and singvlx the taaes, a:sessments, tevies, liabitities, obligations and encvmbr~nces of every nature and kind now or~ ss;d descr;bed pro p er t y, w thst h e reaftev m a y b e i m p o s e d, s u f f e r e d, p l a c e d, l e v i e d, o r ~ s s e s s e d t h e r e o n, p t h s t h e r e a f t e r m s y b e l e v i e d a a s ~ e s s e d u p o n t h i s N b r t¢ a9e, a the indebtedness setured hereby, each and every, when dve and T psYable. accwdinp to law, befae they become detinquent, and befor~ a~y interes~ aro i atraches w any pe~alfy is inturred; RMD lNSOFAR AS ANY iHEREOF IS OF RKORD THE SAME SHALL BE PROMPTLY SATISf1ED AND DISCHARGED OF Q~ . RECORO AND THE ORIGINAL OfFIC1Al DOCUMENT (SUtH A5, FOR INSTANCE, THE TAX RECEtPT OR THE SATISfACT10N PAPER OFfIC1AlLY ENDORSEO ~ OR CERTIFIED) SHALL BE PLACED IN THE HANOS df SAIU MORTGAGEE WI~HIN TfN DAYS NfXi AfTfR PAYMENT; and in ti?e event fhat eny thereof is not = oa~d, sat's(ied and discharged sa:d MORiGAGEE may at any time pay the same or any part tFmreof without waiving or affecting any option, lien, equity or ~ ~~qht u.~der w by virtue of this mortgage and the full amount of each and every such payment shall be immediately d~e and payable and shall bear interest ; ~.om the dete fhereof unlil paid at rate of nine per centum per annum end together w~~h such interest sMll be secured by ths lien of th:s morgt~ye.