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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-._