HomeMy WebLinkAbout1962 .
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THIS INDENTURE. Madt the_ 8th day of October,~ , A.b. 19_ZS... bNw~
Jimmy J. Johns and Lena Maa Johns, his wife _
of • Lucie Counh;• Florida, F?eteinait~~ designated as the "MORiGAGOR;' a~d FIRST FEDERA~ SAVINGS AND IOAN
ASSOCIATION Of FORT PIERCE, a cwpaatio~ orpani:td ~nd saistinp u~der ~h~ laws o( fhe Unittd Sfat~a of America ~nd havtnq its ptinti~sl plap oF
busin~u in 1M Ctty of Fwt Pieru. St. tucit County, Fbrida, herei~afta desiyna~ad a~ tt» "MORiGAGEE.°
WHERE/1S tM MORTGAGOR ia justly indabted to ~he MORiGAGEE in ths sum of = l~ L8~ 9ood and ~+w{u~ rnor~eY o~ the Unit~d
S~atei advanced Ey the MORTGA6EE unto the MORTGAGOR, at evidenced by a certa:n promiuwy note oi even dale herewith, of which 1M fulluwing in
words and f' urp i~ i true copy. towit:
=1 O , 80~ . 00 ^ ~,i, 11000357
Fort Pi~ru, Fia~a., October 8 19_,.,~~
Fa value ~eceived, 1, we o~ either of us, promise to pay, wilhout defatcation, fo the order of FIRST fEDERAI SAVINGS AN~ LOAN ASSOCIATION OF
FOR1 PIERCE at Fat Piarce, Fbrida, fhe sum of j yl,~~~a~ ` w;th ~me~est from date at the rate of 9 96 per annwn, in monthly instal6
~:~e:zrs as fo{lowa: S 98•~ on the 2Ot•tiay of November__, ~9_7S and a like sum on the correspond~rq d+y of each month therr
atier unlil ~he whole be (ully paid.
Each instatlmcnt iirst shall bs applied in payment of 1he intereat and the~ on the unp~~id balance of the princ~pal sum. If defaulf is made in iM
Hoy~nenl of any installment when due, and such defaull coNinues 30 dsys, then at tha option of the holder, and without any other notice, aH the ~en+ainin~
~~~stallments shall be due and payabte at once. Privikge is given to prapay this note in whole w in part at eny time without pen~lty. Neither forekxar~nce,
nor acceptance by ~he holder thereof after any default in any payments hereon, shall be deemed extcnsio~. A late payment charge of =4• 9O shall be
added to each instaltment remain;ng unpaid 7 days after its dus date, and e like sum shall tx added to each sucfi installment remaining uapaid 7 days ~ftet
aach succeedi~g paymcnt date.
Each make~, su~ery and endo?ser hereof, joi~tly and severally, waives demand, presentment protest snd no~ice of p~otesi fw rwnpayment, u?d further
agrees to any extens~on of t~me of payment, either before w aiter maturity, withaut nor~ce ~o any of us; end to pay all costs of collection, includlny a'
rrasonabk attw~ey's fee in 1he event oi any default hereunder, and hereby severally waives a!I benefit of homeatead and exemption under the tonstitution
and taws of each State of the United States, as against this obligation or any extension or rerwwal hereof.
Wimess 'he hand and seal of each party. ~ ~
S/ Jimmy J . ' Johns ~
cs~?u
- S/ Lena Mae Johns ~
_ 16. 20 ) State Revenue ~
NOW, 7HEREFORf, the MORTGAGOR for the pi;rpose of seturing payment of said sum of = l~ ~ 8~ , a~d tM perfwm~nte of the
covenants srd agreements hereinefter exp~essed, and for o`~vcrs good and vatuable considerations, by thete p?ese*its, doei grant, baryain, xll, remise,
relzase, convey and confirm anto the MORTGAGEE, itt succeuws and assigns, atl that certain IoL'piece w pucel of land, ~itwte, lying, ~nd beug In tt» i
:.ounty of St . L'uCi'e and State of flor7da, described +s follows: K
Lot 6, Block l, SDGEWOOD ACR6S, according to the Plat thereof as recorded ~
in Plat Book 10, page 3, of the Public Reoords of St. Lucie County, Florida.
By agreement oP Mortgagor and Mortgagee on Pile ~ith Mortgagee, ~
the within'mortgage secures not only an eaisting indebtedness,
~ but also ADVANCES to be HEftEAFTER made by Mortgagee to Mortgagor,
the aggregate oP Which Will equal the principal amount speciPied
! in the promissory note secured hereby.
. . . . . . . . . . . . . . ~R„~~E,~ . ~~ag
~ ~
„ USE GNLY ~
' STATE =~F ~L_ORiD~ ~
' N DOCUMEN?ARY,~.=., STAMP TA?. ~
~ C~ ~ M DE?T. OF. REYEMUE!i~` '31 t
~ ~cci _ t~C~ -!'JS Z ~ : : ' V. L ~ ~
- es. ~ ~
o = ~~?at
~ ~ 0 iN ~rMErrr oF Tuc~s
_ uu~ or~ aASS r i~rr~ws~e~ ~~n,
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Pur~surwr To ~n.~w~
s aF i9n. ~l
c~c a~ourr ooua~ sr, wc~ a0. Fu
togethe? with all snd singulsr the tenements, hereditsmenri and sppurtances fhersunto belorginy o? in +nyw~se +ppaq~nirg tF~erelo. ~~d renb, issws.
p~oceedf and profih xcruing and to accrue from said prcmises, all of which are included i~ the abovs ~nd forpang description and h~bendum.
TO HAVE ANp TQ HOID the above dewibed and granted premises unto the said MORTGAGEE, i» successas and +uigns forever. Md th~ said
~ !titORTGAGOR iw thell heirs, executors, administrators and asigns, he+eby coven~nts with the said NIORTGAGEE, i» wccassws and suiptr,
~ that ~e~-~~-- lawfully xized of the said premises in fee iunple; that the tame ue free, cks? ~nd discharped fran all liens ~nd encum-
b~ances in Iaw or i~ equity, a~d that thev W~~~ their hein shs11 wura~t ~nd defer?d tM title ro t1w sarrk to 1Fk said
h10RTGAGEE, its successws and assigru, forever against the (awful claims and demands of all persons;
~ PROVIOED, At1tiAY5 thst if the MORTGAGOR shall p~y unto the MORTGAGEE tl~e promissory note hereinbefae dacr~ed and shall truly, promptly
and fully perform, d~scharge, execute, ccmpk~e, comply with snd ab~de by esch end every the ttipubtaro, spreemenri, conditions and oovenanfs of said
promiuwy no~e +nd of this Mortgage, then this Nbrtgage and the Estate hereby ueated shsll uase and bs nvll and wid.
IT IS UNDERSTOOD that the word "Mwtgagor" whether in the singular a plural ~nywhere in this Morty+pt, shall b~ sinpular if on~ only and
shall be plural jointly and severally if more than one, and that the word "their" as used anywhere in tha Mortpape sMll be tsken to mean "F?is,•• ••Fwn••
or "its;' wherever the conte~e~ w implies w ~dmits. Also, that wfierever there is • reference in the toven+nb and agnements herein co~taimd to ~ery af N
rhe panies hercto, the same shall be cw~strued to mean as well as the heirs, leyal represenativd, svcceswn u~d utFpns (either voluM~ry by ~tf of the ~
paities or involuntsry by operation of the law) of the same and that the.covenants herein conqined ahall bind and the b~rnfib ud advantapq inur~ ~
ro the respective hebs, kgsl representat7ves, iucceuors s~d au~yns of ti~e puties heroro. -
Md said Mortgs~ai, for themselves snd their he'as, legsl rap~esentativa, tuccessors u~d auiym, hereby joinJly and kvpally aovenant ~nd apne ~
to and with the ~aid NWRTGAGEE, in successors and auigns:
1. Ta psy ~II u~d sinyu{er tFk principal and imerest and the various and wndry sums of moneY psY~ble by virtw of said promiswry note, and this }"'i
mortgage, each and every, promptly on tM dayi respectively the sams sever~IFy becan~ due. ~y
2. To p~y ~11 snd ~inyvlar the taxes, auessmenn, levies, liabilities, obligstiaa s~d entumbrantes of ev~ry nstur~ ~nd kind now on s~id daaib~d ~
property, a thst hereafter may be ~mposed, wf/ered, placed, levied, w assessed thereon, a tMt F~r~after may b~ levied or as~essed upon this Morq-
age, or tM ird~btedneu secured hereby, each ar+d every, when due snd psyable, aawdirg ro law, befon they becar~ delinp~rent, and b~fw~ my k~tarat
artathes a sny penalty is irtturred; ANU INSOfAR AS ANY THEREOf IS OF RKORO THE 5/1ME SHAII dE PROMPTLY SATISFIED AND ~ISCHARGED OF
RECORD AN~ THE ORIGItVAI OFfIC1Al DOCUMENT (SUCH AS,. FOR INSTANCE, THE TAX RECEIP? OR THE SA715FACTION PAPER OFfIC1AllY ENOORSEQ
~ OR CERTIf1ED) SHAII 6E PIACED IN THE HANDS OF SAt~ MORTGAGEE WITHIN TEN DAYS NEXT /1FTER PAYMENT; and in tFw evtnt that any thereof is no1
paid, sat~sfied and dixharged sa:d MORiGAGEE may at any t~me pay the same a any part thereof wiihoW wsiviny w affectirg any a~tion, lien, equiry or
~y •~~ht under a by virtue of this mortgaye and the full amount of exh and every iuch payment sMall be immediately due and payable a~d shall bear interest
~rom rhe dafe +he,ecf vr.r;a , a d a+ rate o4 nine per centum per •nnum and toyether w;th such interest sMll be secwed by tM lie~ of rn"s merg+age.
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