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HomeMy WebLinkAbout0453 ~ ~ ' ~~8~ss . ~ THIS INpENTURE, Mad~ the 2nd dey of 'janudYy A.D. 19 ~ lxtw~a+ -[tn~t~. Jenkins and Car91._~L4~__Je:.ni;.~ , his wif0 uf St ¦ LuCi! County Florida, hereinalrer detignated a^ tne "MORTGAGOR," and FIRST iEUERAI SAVINGS AND IOAN h ~SSOCIATION OF fORT PIERCE, • co~pora~~on organ:zed and ex:~~~+~y ~kr the laws o1 /he On~~ed'Stil~s b1 •Mte+k~ and havinp irs princiaal plx~ of ' us:nesi tn the Gty of fert Pie+ce, St. lv<ir County, fforida, hereinafter des~gna~ed as tM "MORiGAGEE." WHEREAS 1he MORTGAGOR is justly indabled to ihe MORfGAGEE in the sum ot 5-26 0~'00 and law.`ul mor.ey o~ the Un~ted 5!a+es advanced by Ihe MORTGAGEE u~to the I10kTGAGOR, as evidznced 6y a cena~n promiuory not~ o( eyen d~te herewith, of which the (ollowin~ in ;.<-ds and figures is a uve copy. to-w~r: ~ 1~'Z114S s26,000.00 Fort Pierte. Flwida. JanuaY y 2 19 75 for value received. 1, ..r or e~~hrr of cs. E.ro+n:se to pay, withou~ defalcai:un, to th> o~de~ of fIRST FEDfRAI SAVINGS AND IOAN ASSOCIATION OF ~:RT PIERCE at Fo.t F~arca, E!orida, the s~,:n of S~~-~~~~ ,~.~t~ ~~~~r.est ficm date at the rate of 9!7~e per annum, in monthly instal4 ,.s as Fol!o.vs: 5---~47~-~_-_. on the20th da~ or _Februar ~9 .75 a~~d a I~ke sum on the caresFond~np day pf each month thero- u~til the whole L•e f„Ity ~.aid. Esch ~ns+ailm~ro first sha!! be app!~ed in pay~nent of the interest and ~hen on the unpa~d ba~ance of ?he p~~~upa~ sum. If defauh is msds in /M ~~ent of any ;ns~a~~mem whrn d~a, and such defa~lt cont:nves 30 days, then at ±he opt+on of the holder, and without any o~he~ aotice, all the remaining •,?~!!~nents shall tn d~e .+~,d payab;e at once. Pr~vilege is g~ven to prepay this note in whole w in part at any time without pennNy. Neitne? for~arsnt~, +cceptance by the ho~dcr thereof attrr aoy defauit +n ar~y payments hereon, shjll be deemed extemio~. A late pay~nen~ charge of ~2~35 _ shall be ;~:J to each instailr.:ent remain:~+g unpa,d 7 days aher its dve date, and s Uke sum shaii be a~drd to each such installment remaining unpaid 7 dsys aftet +_h suttee~ing payment uale. Each maker, surety and endorsrr h~ reof, jointly and severally, wa~ves dtmar.d. presentrnent protest and not~ce oF protest for no~paynxnf, and further :~;re~~;s 10 any exreni~on of ~~~ne of pay~~~e~:t, ..•;in-rr 'tefore w atter maturity, wnhout r.or~ce ro any of us; and to pay all eosts ot eollection, ineiud~ng a c:~abte ar.orney s fer :n the ever.~ of any defav:r hereunder, and hereby seve~atiy waiYes al! benefit o! homestead and exemption under the twutitutan :'a:vs of each S7aTe of ti~e Un~sed States. 3s ~~a~nst this obf~gat~on or any e::r.s~on or renewal hereof. Witness !he hanc~ and seai er eacn pa~ ~ y. cs~?u sfRov B* Jenkins ~?u . c~?u s/Carol Jean Jenkins ~ ; _ ~39~~~ } Sr~re Revenue ^ ,..ci w~wteikJ ~ ~swg'w+ai-no+c) NON, THEREFORE, the MORTGAGOR for ~he purpase of secvring paymrnt of said s~m of S 26 -~~.OO _ and the pe~fwmance of tM c_:e~ama a~d agreeR:ents here+nafier e~p~essed, and for d~vers good and vaiuable .-"ons derat~ons, by these presents, dxs grant, bargain, sell, remise, •-se, convey a:ed coni~rm unto the 1dORTGAGEE, its successora and asai~ns. att that ce~taio {ot, piece w parcel of land, situate, iy~ng, and being in ths ~c~nry of $t• Lueie and State of Fbr.da, deaa~bed as follows: The North 125 feet of the South 158 feet of the Bast 140 feet of the West 165 feet _ of the SWt~ of the SW~ of NW'~ of Section 30, Tovmship 35 South, Range 40 Bast ~ \O_a~ , F ~ ; ~ ~~~P~4 00, , E r i 'C~ f 39• ` ~v E!R ~ 1N~ ~ t p . ` - ~ ~N PI?vM ~ oo A~KN~N~1S~~.`.,•'. ~c~° ~~r~' ig~"'R?r. r ~ ,r ~et • ~ ~ pN lX1?~u ll 1 ~ ~ ~ ~ • pU~j ~ ~IID~ ~R~j)JC1E p» ~ . 01 c~ i Qe'2 ,,~y~ ~,?ICi~ ST ~ ~ ~n ~ ~~~y coY C~1M•R ~ n ~ V~~.. ~ ~ O -~e`her witb all and sing~~iar the tenements, hereditaments and appurtances thereunto belonging or in anywise appertaininp 1~e i a »a~~~~= issue+. , a~eeds and profits accrumg and to accrue from sa~d premises, all of which are included in the abovs and foregang desa?p' TO HAVE AND TO HOID the above described and granted premises unto the said MORTGAGEE, its suttesso?~ snd usigns fweve~. And tM s~id : ~:iGAGOR fw --thelY ~~~s, executors, admin~strators snd assigns, hereby tovenaMS with the said MORTGAGEE, its s~tcessors +nd ~sipm. z, they_ a!e _ inw{ully se~:ed of ~he said prerrises in fee simple; that the ssme are free, clear snd discharyed from s{I liens ~nd tecvm~ ~ t~1@j? heirs shall warnnt and defend the title to the s+rr~ to the said ~^c?s ~n law or in equity, arr,~ that _ will and their c,,..,,.. .~a~...~ ~hr tawful claims and demands of all persom; ...:=.Tvr~~i. ~ii "s:IiicbiJ:L o.. ..~..^y..'., . ~ Y w P h~ ° PROVIDED, ALVb'AYS that if ~he MORTGAGOR shall pay unto the MORTGAGEE the promiswry note hereinbefore described and shsl) trvl , om t '~t fu;iy per?orm, d~xharqe, exewte, comp(ete, comp~y with and abide by each and every tF~e stipulations, agreert+ents, conditions and cOVenants of s~id ~ ssory note and of this Murtgage, then this Mortgage and ti~e Estate hereby creatcd shall ce~se and be nvll and void. ' IT IS UNDERSTOOD that the wwd "Mortgagoi ' whe~her in the s~ngular w plural' snywhere in tk?is Mwtg~ge, shall be singular if one only and be ptural joimly and severatly if mo?e than ooe, snd that the word "the~r" as used anywhere in this Mwtgage sh~ll be taken to mesn "his," "he~s," ~ T"~is," wherever the context so imptiei or admits. Alw, that wherever there is a reference in ihe tovenant"s ~nd ~yreements herein tontained fo any of ~o ^ canies hereto, the same shall be co+istrved to mean a• well af the heirs, legsl representativd, successors +nd assigra (either wluntary by scf of tht r a~~:es or involuntary b/ operation of the Iaw) of the same and tha~ 1he covensnts herein contained shsll bind and the benefib and advanbpes irwr~ ~=b ihe respective heirs, legal representarives, successors and asrgns of the parties hereto. ~ And said Mutgagors, fot themselves and their heirs, legal reprexntetives, •uccessws and auigns, hereby jointly +~d severally covenant ~nd ayne ro and vrith the said MORTGAGEE, its successws and assigm: 1. To pay all and singular the principal and inrerest and the various and tundry wms of money paysble by virtue of said prom~ssory note, and this ~ ~r.ortgage, each and every, promptly on the days respect~vdy the same xverally become due. 2. To pay sll and singvlar the taxes, assessmems, levies, liabili~ies. oblgations and encurt+brances of every n+turt snd kind now a? s~id desc?ib~d ~ ~-operty, d that hereafter may be imposed, suffered, plxed, levied, or ~ssessed tFxreon, w tMt here~ftet may bt levied a~ssessed upon this Mort¢ aye, o~ the indebtedness sec~red hereby, each a~d every, when dve +nd paYable, +ccording ro law, befwe ther become delirpwM, and befw~ any inttrat ,n~~hes ~x any penalty it incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISfIED AND OISCHARGEO OF ORD ANO TME ORIGlhAI OFFICIAI DOCUMENT ~SUCH AS, fOR INSTANCE, iHE TAX RKEIPT OR THE SATISFAC110N PAPER OFFICUIIY ENDORSED ? CERTIFIED) SHAII BE PlACEO IN THE HANDS OF SAID M.ORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; snd in the eveM tbsf any thereof is not ~ d. sar sfied •nd diuha.ged sa:d MORTGAGEE may at a~y tlme pay the same or any part thereof without waivirg w affectiny any option, lien, eqvity or under or by virtue o( th~a mo~tgage and the ~uN amovnt of each and every such payment shall be immediately due and paysbk and shsll beu int~rest '~eT •he da•e f'.~'e~` e.~ d+• rate of n~ne per centum pe~ annum and TogNher w~th suth intertst shall be secvred by the lien of th's morgtage ' ~ , ; ~ ~ ~n._., - . , ; ' ~p