HomeMy WebLinkAbout0889 ~ ' ,
. 283863
.1 " ; ti •
. yt~t~ 1'~'' ,
THIS INDENTURE, M+d~ the 4Lh d~y of June A.O. 19 7~- bi?w~en
Nellie Jenk~n a cingle adult
_ '~;~'1
~
.
of S~• L~ 1e . County Florida, hereinafter desig~ated as th~ "MORTGAGOR;' and FIRST FEOERAt SAVINGS AND I~AN
ASSOCIA?ION Of FORT PIERCE, • corporal~on a9a~~zed and exi~tinp unde? ~M laws of ths U~i~ed Stat~i oi America snd Mving iti prix~pal pl~ce oi
buiineu in the City of Fon Pierc~, S~. lucis County, flaida, hereinaftar designated as tM "MORTGAGEE."
WHEREAS the MORTGAGOR is juaNy indebted to the MORTGAGEE ip ths sum of s 7 L~~ 9~ and IaMrful money of the Un~ted
S~arrs advanced by the MORiGAGEE unto the MORTGAGOR, as evidenced by a cer~+~n p?omissory ~wte of even date iu~ewith, of wh~ch the followinp in
.vords and fig~ros is a true copy, fo-wi~:
s 7a000.00 ~ 10020916
fort Pierce. Florida, '7~@ 4 ~q74
For vatue ~eceived, 1, we w either of us, promite to pay, without defalcat~aL to ~he order of FIRST FEDERAL SAVINGS AND IOAN ASSOC~ATION Of
~O~T PIERCE at Fort Pierte, F:wida, tha sum oF =?s}r~-~•~ w~tl~ intc:est irom date at the rate of .~.Z.~6 per an~um, in morHhly inslall-
~~,e~~s as fo{!ows: S-_71 •OQ o++ the 2Ot~+y of _ JulY , 19-74 and a like sum on tM conrspond~ng day of each month therr
airer until the whole be fully paid.
Each installment first shall be applied in payment of the interest and ~hen on the unpaid bslance of the prinNpal sum. If default is made in the
~ay~nent of any insta!!ment when due, and such default continues 30 days, theo at the op~inn of the holder, and without any other notice, all the remaining
~~tisrattments shall be due arxl payable at once. Privitege is given to prepay this note in whole or in part at a~y t~me without pc~a~ty Neither foreb~warxe,
nor acceptance by the holder thereof aher a~y default in any psymen?s hereon, shal~ be deemed extension. A late paymMt tharge of s~-~. sh~ll bs
ad;led to each in~tallment remain~n9 unpaid 7 days after its due date, and a~ike sum stwll be added !o each such ioatallment remaining unpaid 7 days ~her
each succeed~ng paYme^t date.
Each maker, surety and endorser he~eof, jointly a~d severally, wa~ves de~nand, present~nero protest and notice of ptotest fw nonpayment, and fu?ther
.s~rees to any extension of !ime of payment, e~~ner before or afte~ matur~ty, v~ithout not~ce to any of us; and to pay all costs of collection, includ~ng a
~c~sonable attwney's fee in the evenr of any delault hereu~xler, and hereby severally waives all benefit of homestead and exemptior? under the constitutiw~
and la.vs of each State of the United States, as against this-obGgati~ or any extenuon w renewal hereof.
Witness the hand and seal o( each party. '
~e ie en ins, a sing e a~
cs~?u
~u
jQ • ,SO ) State Revenue
L~~THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of S 7-~','~~ • ~~d the pe?formance of ihe
covenants and agreements hereinafter expressed, and for d'+vers good and valuab'.e co~side~stions, by these presents, does grant, barg~in, ull, remise,
release, toovey and confirm unto the MORTGAGEE, ib successors and ass~gns, aU that certain Jot, pieta or parttl of land, situate, lying, and being in the
County of St I_uGi~ _ and State of Horida, dexribed ss follows:
Lot 3, Block 3, PROGRESS PARiC~ TWC~~ a subdivision accbrding
to the Plat thereof recorded in Plat Book 12, Page lb of
the publ ic record~ of St . Lu~ ie County, Flor ida
; . t ,
i
~ ~ F~,oRPa,~. ~
E ~ ' ~ o st A ~
~ -C A~T ~ARY ~ ~
i d pQ~V~
~rE~+~`~ ~ 5 O~
~ oi .n OEt't-fl`R u~.6•~q t
~ ~ ~ pf tf?XE~
~ pe. _ . NI P~ PRppEgTl.
~~+tio2 ~ ~ p~tSp!:~L
~ 018~ 1~11- ~j~~
o .C 1lItA~ i~ 1~5 ~ 1' "
~~u~
tt
~ poitiv?s~ ao, ~
~ c~Ra?n a°"~~. st.
+ogether with all and singulsr the tenements, hereditame~ts and appurtances there~nto belonging a in a~ywise ~ppertainirg thereto, a~d a~~ renri, isuxs,
p.oceeds and profits accruing and to accrue from said prem+ses, all of which are included in the above and foregoirg desc~iptan and Mbendum.
TO HAVE AND TO HOID the above described and granted premises v~to the said MORTGAGEE, itt wttessots and suiyns forever. Md th~ said
h10RTGAGOR for her ~;~s, eaecutors, sdministrators and ass~gns, hereby covenants with the said MORTGAGEE, iri waeuon aod sssipm.
~ ,~31 _ she 15 ~awfully seized of the said p?emaes in fee simple; that the same are tree, ~cksr u~d discl~srged from all liem and encum~
~ erances in Iaw w in equity, a~ that ~'1e will and hpr hein shall warranf and defend the title to the same to tM saW
" :',ORTGAGEE, its successws and auigns, forever against the lawfuf claims and demands of all persons;
~ PROVIDED, ALWAYS that if the MORTGAGOR shall p~y unto the MORTGAGEE the promisswy note heteinbefore described u~d sh+ll ttuly, promptiy
~ a~d fully perfwm, diuharge, execute, comptete, compty wiih and abide by each and every the stipulstions, syreements, conditaro and covenanb of said
~ uremissory note~and of this Mortgage, then this Mortgage and the Estare hereby aeated shall ceas~ and be null and wid.
•
IT IS UNDERSTOOD that the wwd "Morfgsgor" whethe? in the singulai w plural snywhere in this Mortgaye, shall be sir?pul~~ if one only Md •n
shall be p~ural jointty and severafly if more thsn one, and that ~he word "their" as used anywhere in tF?is Mortysge shall be tsken to mesn "his," "hen,"
cr "its;' wherever the context w implies or admits. Also, that whe~ever there is a reference in the covena~ts and sgreeme~b herein contained to ~ny of
s~ rhe parties hereto, the same shall be construed to mesn ss well as the heirs, legal rapresenqtive~, successors and assigro (either voluntsry by atf of tM
~ aarries w involuntary by operation of the !aw) of the same and that the covena~ts herein co~tained shall bind and ths benefiri snd ~dvantspea inw~
!o the respective heirs, kgal representatives, succeuors a~d ass~gns of the psrt~es hereto.
' And said Mwtgsgors, fw themselves and their heirs, legsl represent~tives, successors u?~ assgns, htreby jointly and severaliy covensnt and aQree ~
!o and with the said MORTGAGEE, its successors and assigns:
1. To pay all and tingvlar the p.~rxipsl and interest snd the vsraus snd i~ndry wms of mo~ey psyable br virtue of said promissory ~ote, and thin
- -nortgaye, each and every, promptly on tFu days respectively the same severally become due.
2, To pay sll and •i~gvlsr the tsxes, assessm~nts, levies, liabilities, obtigations and entvmbrances of every n+tw~ a~d kind now on said dacr~ed
property, o~ that hereafter may be imposed. suffe~ed. Platcd, levied, a ~ssessed thereon. a th~t hereafta may be levied w asessed upo~ this Mort~-
age, w tFa indebtedness secured hereby, each snd every, when due +nd psyable, sccadieg to law, before they become delinquent, and befort any lntasat
attaches w any penalty ls incurred; AND INSOfAR AS ANY TMEREOF IS Of RKORD TME SAME SNAII dE PROAMTLY SATISf1E0 AND DISCNARGE~ Of
RECORO AND THE ORIGIhAI OFFICIAI OOCUMElJT (Sl1CH AS, FOR INSTANCE, THE TAX RECEIPi OR THE SATISFACTION PAPER OffICIAIIY ENDORSE~
' QR CERTIfIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN 1EN UAYS NEXT AFTER PAYMENT; snd in the event that any fhereof is not
pa~d, sar'sfitd snd discharged sa'd MORTGAGEE may at any time pay the same o~ any part thereof without waiving w affMing +ny option, lien, eq~ity a
~~~ht under or by v~rtue of this mortgage and the full amovnt of each and every tuch payment shell be immediately due and psysble and shall bear inte~dt
rhe da~e +he~co~ unt~I pa d a+ rate of n~ne per tentum per an~um and togdher w~th such interest shall be secured by the lien of th's morgtage
"'i ' _ ' _ . . _ . ~ - 5
~i~` i"
~ ~r~::c:_'_?,_.`r.,:c~..~ _ y~~~e-..~~'~._.. 4-._