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Home My WebLink About0098 M ~ tJll ~JV iMiS IhDENTURE. Made the_ 1Sth day of _-~~L1JSZ}L_, , A.D. 14_ 74 berween _ Lucious Jackson and Katie Jackso~,_hi~ wi~g ` ~f St . Lucie ~p~nty Fioride, herainafrer desy.~ated as fhe "MORTGAGOR," and FIRST FEDERAL SAVINGS AKD IOAN ASS(kIAT10N OF FORT PIERCE, a caporation organ~zed and e,c~s~~ng unde~ the laws of the Un~ted Sra~is of America and having it~ prinupsl place of business in the City of Fort Pierce, $1. lucie Couroy, Florida, he~einaiter des~gnatrd as the "MORTGAGEE." ' WHEREAS the MORTGAGOR ia juatiy indabted to the MORTGAGEf in the wm of S 6y7O0•0O_--- , good and lawf~l money of thc Un.ted Sfafes advanced by the 1dORTGAGEE unto the MORTGAGOR, as evi~lanced by a crrt~:n promissory nofe of even date ha~e~nh, of wh;ch the following in .tiords and figures is a t~ue copy, fo-w~r: 10020b40 s 6~ 700 . 00 No ' ' February 15 ~y74 fort Pierce, Florida, for valve receivrd, I, we o~ e~ther of us, prom~se to pay, w~:hou! drfalcai~on, ~o tt,e order oi FIRST FEDERAI SAVINGS ANO LOAN ASSOCIATION Oi iGRi P1fRCf at Fort Pie~ce, Florida, >he s~m of s-___ 6l-7O~L~ w~th ,ntNrest from datr at the rate of _8'9?o par annum, in monthly ~nstal{- ~~ents as fo~!owa: S--bB'-~ on the ~th day of r~I~h , 19.74___ and a like sum on the conespond~ng day of each month there- e!ter until the who:e be fu~ly pa~d. Eath installment iirst shall be applfad in payment of the interest acd ti~rn on the unp~~d ba~ance o( the pr~nc"pal sum. Ii default is made in the ;,~yment of any installmenf whan due, and wch defautt ~ontinues 30 days, then at tt~e opt~on of the holder, and without any ether no~~ce, all tne remain~ng .~~s~allmrnts shafl,be due and payab,e at once. Privile~e is given to prepay this nofe ~n ~vh~le or in part at any time without penalty. Ne~ther`forrbearance, no: acceptance by the nolder :hereof after any deFauh in any pay~nents hereon, shal~ be dremed exrens~on. A lar~ payment charge of S 3.40 shall be -dded to each insrailrnent remain;ng unpa~d 7 days after its due date, and a I::e wm shall be added to each s~ch installment rema~niog unpaid 7 days after ~•ach succeeding payment dare. Each maker, awery and endorser he~eof, jo~ntly and severally, waives de~nend, present~nent protest and notice of prorest for nonpayment, and further agrees to any eztension of time of payrtlent, e~rhe~ beEore or after matur~~y, wirhout not,ce to any of us; and to pay all costs of collection, i~dud~ng a re:,sonable attorney's fee ~n th~~ evem oF any defau:t hereundrr, and hereby seYera!!y warves all ber.efit of homrstead and exemption u~der 1Fe to~stitution ~:•d laws of each Stare of ihe Un:ted States, as agam.st this obGgation or any extension or rrnewa! he~ecf, W~tness the hand and seal of each parry. . ~ ~c 'a ~e _la .kenn (SEAL) (SEAU • (SEAL) ZO.OS s/ Katie Jackson - ~S~i~ S ) State Revenue ;samEs=aa~trat~m~~aat n~W NOVV, TIiEREiORE, the MORTGAGOR fw the purpose of secvring payment of said sum of S 6~ 7O~ , snd the performance of tFie covenants and agreements here:nafter expressed, and fa~ divers good and vafuab!e co~s~deretions, by these p+ese~fs, dxa grant. bargain, se~t, rem~se, re'ease, convey and confi~m unto fhe MORTGAGEE, :ts successors and ass~gr.s, ai1 that certain lot, piece w parcel of land, siwate, lyin~, and being in the County of $t . Luc ie , and State of fbrida, deacribed ss iollowa: Lot 11, Block 5, S~O~TTF{ERN PI~S StI~DIVISION, as per plat thereof on file in Plat Book 9, Page 68, of the Public Records of St. Lucie County, Florida, ; . ~ ~ ~ OE ~ ~~c. ,i . . . . . . . . . . . . L, QP~~,E`~ Q~. - ?f/ ~t~ 4 t~~.. ~ ~yl c.i ~ ~ _.~_i t-^~ + n r' ! I ~ ~ ~"Ee ta'~S ~ f~" " N S?',A~ •L.R.~,_-- :,~Tl;?J1*~ ~r~>. ~ p~N`~~,,-`\t,~u'', D G= _ M E N ~_~~A - ~ E~E~V~. G~,SS C~~Q` P~ LJ.C' ~=pr :ic a:v~tiu± v.~~Ot~t1p ~'i il~i~,S ' _ rC3[o'~a~'~~„•`~~}.," ~ ~~J ~ Q~~ c~~i ~ ~-y~ i cv ' ?g_ . ~ Gi~ ! ~ _ ~ : tr.2 ~ ~ ~ ~~1`t~ ~ ~ - ~ i € ! ~ogether with all and singular the tenements, hereditaments and appurtances thereunro belor~ging or in anywiu appertaining thereto, and all rents, issues, o~oceeds and profits accruing and to accrue irom said prem~ses, all of which are included in the above and fwegoing descriptio~ and habendum. t £ TO HAVE AND TO HOID the above descnbed and granted premises unto the said MORTGAGEE, its sutcessws snd auigns forever. And the said MORTGAGOR for -~h~-lr heirs, executors, administrarors and assigns, hereby covenants with the said MORTGAGEE, ita sutcessws and assiqns, ~hat -~~~-~e-- lawfully se~zed of the said premises i~ fee simple; that the same are free, clear and dixharged from all tiens and e~cum- brances in law or in equity, and tha! t~Qy will and t he i r heir: shatt warrant anJ defend the title to the ~ame to the said MORTGAGEE, its successors and assigns, (orever against the lawful claims and demands of all persons; i _ PROVIDED, AtWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the pram~uwy note hereinbefore deuribed and shsll truly, promptly and fully perform, d~s:harge, execute, comple?e, comply wirh and ab~de by each and every the stipulations, agreements, conditions a~d tovenants of said = promissory npte and of this Mortgage, then this Mwtgage and the Fstate hereby created shall tease and be null and void. i IT i5 t1NDERSTOQD that the wo+d "Mortgagw" whether in the s~ngular or plural anywhere in this Mwtgage, shalt be singular if one only and E shall be plural jointly and severaily if mwe than one, and that the word "the~r" as used anywhere in th~s Mortgage shall be taken to mean "his;' "hers," or "its," wherever the context so implies or admits. Also, that wherever there is a reference in t}x covenants and ag~eements herein contained to any of ' tbe parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, successws and a~signs (either voluntary by atl of the parties o~ invo~untary by operation of the law) of the same and that the covenanrs herein contained shall bind and the benefin and advanlages inure - fo Ihe rcipective heirs, lega! rcpresentatives, successors and ass~gns of the parties bereto. , ~ A+rd said Morfgagors, for themselves and tf~eir heirs, legal representatives, s~ccessors and auigns, hereby jointly and severally covenant and agree ro and with the said MORiGAGEE, ~!s successors and assigns: a 1. To pay all artd singular the pri~cipaf and interest and the vario~s and s~ndry sums of money payabfe by virtue of said promisswy note, and this - mortgage, each artd every, p~omptly on rhe days respectively the same severally become due. 3 fi 2. To pay all and singuiar the taxes, assessments, tevies, liab~l~tics, obligations and entumbrances of every nature and kind ~ow on said dexribed property, o? that hereafter may be imposed, suffered, placed, levied, or assessed therco~, or that F~ereafter may be lev~ed w asseued upon this Mortg- - age, w the indebted~ess secured hereby, eath arrd everY, when due and payable, according to law, before they become delinqueM, and before any interesf ~ afrxches w any penalty is incvrred; AND INSOfAR AS ANY THEREOF IS OF RECORD THE SAt~AE SHALI BE VROMPTtY SAiISFIED AND DISCHARGE~ OF RECORD ANp THE ORIGIhAI OFFICIAL DOCUMENT iSUCH AS, fOR iNSTANCE, 7kE TAX RftE1PT OR Tt1E SATiSFACTION PAPER OFfICIAIIY ENDORSEU OR CER:lFlED) SHAII BE PLACED IN iNE HANDS Of SAID MORTGAGEE WITHIN TE?3 DAYS NcXT AFTER PAYMENT; and in the event that any thereof is not _ pa~d, saYSFied and d~scharged sa'd IJ~ORTGAGEE may at any nme pay the same or any part thereof without waiving or aifeding any opt'ron, lien, equity or •~ahr ~nder or by virtue of fhis mo•tgaqe arcd rhe fu!! amoum of each and eve~y such payment shall be immed~ately due and payable a~d sha11 bear interest ; <<om rhe date thereof until pa~d at rare of n~ne per cemum pe~ annum and together w,th such ~nterest shatl be sefurfe~ tt7j~/en [of th:s mo~. 4 • { ~f ` pa = s ~ _ _ _ . ~ „~s z-~~~`„ " ' . . . . _ , ''4