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HomeMy WebLinkAbout0645 ~ 1 t~ ~ t~: t , TNIS INDENTURE, Mede the~_SL~th dey of ~ ~ ~~~arv . - , A.R 19~52_~ betwten _ E3erni.as D. Jenk3.ns~ a~'r~e dQ~.1.er - of Saint LU4~-e _ County Fforida, hereinafter detkjnated es ihe "AIORiGAGOR," and FIRSi FEOERAL SAVINGS AND IOAN ASSOtIATION OF FORT PIERCE, a co~porati~~ organized a~~d exis~ing under the lews of the United S~atas of America end having it• principal place of b~sines~ in the City of Fort Piarce, S'. lucie County, Flo:ida, hcreir.affer dasig~at~d as tha "/~10RTGAGEE:' WNEREAS the MORTGAGOR is j~itty Indebted to the MORTGAGEE in the sum of s)j ~ 1nQ~~Q- . ~o~d and lawful money of the Un~ted 5lates advanced by the h10RTGAGEE unto Ihe MORTGAGOR, as evidenced by a tertain promisiory n~te of even date herewith, of w~~ich the following in =or ~~lOi~u~ soo a trua copy, to-wit: No 13 f 265 Fort Pierce, Florida, Januar~y c~ . 19 bb For value received, 1, we or either of ~s, promI.ise to pay, without defalcation, to the order of fIRST FEDERAL SAVIN~+GS AND IOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Florida, ihe sum~ o~f+ y5,~2100 ~ w;th interest from date at the rate o~ ± 72'~o per annum, in monthly install- ments as follows: S~~ on the 1 7 4h day of Februaxs , 196~ and a fike sum on Ihe correspond~ng day of each month there- after until the whole be fully paid. Each installinent first shall be applied in payment o( the intetzst and then on the unpaid balancP of the principal sum. If default is made in the paymenl of any insta~lmem when ~ive, and such default conlinues 30 days, then al the option of the holder, and withovt any other nocice, ali the remaining instaltments shall 6e due and payable at once. Privilege is given to prepay thii note in whole or in part al any time with~ut penalty. •Neither forebearance, nor acceptartce by the. holder thereof after any default in any payments hereon, shall ba deemei exiension. A lale payment charge of S~. shall be added to e~ch, insitllmeN rCmaining unpaid 7 days after its due date, and a like sum shall be added to each such installment temaini~y unpa~d 7 daya.pfter each svcceedtng,paymenr date. - Eath maker, surety and endorser hereof, jointly and severally, waives demand, presentrnent protest a~d notice oE proteit for nonpayment, and further agrees to any exlension of time of paymenf, either before ar aiter maturity, without notice to any of ~s; and to pay all costs of collecticn, intluding a reasonable attorney's fee in the event of any defavlt hereunder, and Fereby severally ~vaives a!I benefit of homestead and ex~mption undzr the cnnstitution and laws of each State of the United States, as against this obligation or any extension or renewal hereof. Witness Iha hand and seal of each party. ' ~ s/ Bernice D. Jenkins, a f~,~ de ale ~a~) (SEAL) ~ , ~ (SEAL) ~ - - _ ; ' _ (Stampi cancelled on originnl note) c I' l00 • 00 NOW, THEREFORE, the MORTGAGOR for tha purpose of ucuring payment of said sum of S`* , and the performenco of the covenants and agreemenrs hereinafter expressed, and for d~vers good and vnluable consideretions, by these presents, dces grant, bargain, sell, remise, release, convey and tonfirm unto the MORTGAGEE, iti tuccessors and as~igns, all that certein lot, pie:e or parcel of lend, fituatr, lying, and being in the County of Saint Lueie and State of Florida, deiuibed es followi: ~ Lot 12, Block 2, BUNCHE PARK, as per pla t thereof racorded in Pla t Book ! 10, pa~e 18, public records of Saint Li~cie County, Flori da, 4 s ,y~ : ~ ~~€Nt9~fi?'~~ yrl P~ ~,~~~F~F~~ ~ ~ a c: FtiAe1y~~ d1 ~EC~[VE4 g _ :.c• t~~Ta~:.,~_~~ ~t 16 ~ , - - ~ or f-' ~ U ~ ~ ~ ~ ~N . ~ ; t; a?i~F.:: 2e: ut1 ~ 5 1 ~ tiEyTAo~ _ ST~M~ ~u~~~. ~ ' ~'.,{k `~r = t l. r pOCUi~ ~ _ ~ : !A" - v r . ~ _ R`- ~ ;i~ ~ ' _ J~N10'66 ,z~~:~~~~_~~,\ ~ ~ 5 ~ as • { ~ ~y lo;c .r.otls lot ~ a u`~=~ luc/ie ° n ~ 5 ~ 4Y G6~ F- U Cp~tPTRO! LER~~~u`i~ ~C/ z Q~y~I N P~.~o~133 %L.~ ' ~7 I i 3 together with ali and singular the tenements, hereditament~ and appurfences thereunto belonging or in any:vise appertaining thereto, and all rent~, is~ues, proceeds and profits accruing and to accrue from said premises all of which are included in the above and foregoing description and hatxndurn. TO 1iAVE AND TO HOID tha above describad and granted premises u~to the ~aid MORTGAGEE, its successors and aisigns forever. And ths uid MORTGAGOR for their heirs, executo:s, administrators and aisigns, hereby covenants with the said MORTGAGEE, its succe~sw~ and as~igns, : that th~Y- $r~-- ~awfully seized of the said premise~ in fea simple; that the same are free,. clear and di~charged from a11 IiEn~ and entum- ; i brancei in law or in equity, and that~- will and t'hA I` heirf shall warrant and defend the title to the ~ame to the said MORTGAGEE, its successors and atsign:, forever against the lawful claim! and demandi of all pertons; ; PROVIDED, ALWAYS that i1 the MORTGAGOR shall pay unto the MORTGAGEE the promisaory note hereinbefore desuibed and ihal! fruly, promptly ; and fulty perform, d~icharge, exec~te, complete, comply with and abide by each and every the atipulations, agreefien», conditions and covenanri of :aid _ promissory note and of thit Mortgage, then this Mortgays and the Ettate hereby cteated shall ceese and be null and voiA. j IT IS UNDERSTOOD thaf the word "Mortgagor" whether in the singular or plUral snywhers in this Mortgage, ~hall be singular if one- only and shall be pl~tal jointly and severally if more than one, and that the word "their" as used anywhere in thit hl4rtgage shall be faken to mea~ "his," "hen;' or "its;' ~vherever the context to impliea ar admits. Also, that wherevet there is a ~aference in the covtnants and agreementt herein cor~tained to any of ; the parties hereto, the same shall be construed to mean as well as the heirs, legil representatives, tuccessors and assigns (ei~her voluntary by act of the ~ parties or involuntary by operation of the law) of the same and that the covenants herein conteined shall bind and the benefiti and advantages (nure to the respective hein, leflal repreientatives, ~uccassori end asi~gns of the parties hereto. And said Mortgngora, for themselvet and their heirs, legal representatives, tuccessort and assigm, hereby jointly and severally covenant and ayree to and with thp said MORTGAGEE, its succesiors and assigns: f 1. To pay all and singular the prirxipal snd interest and the variou~ and sundry sumi of money payable by virtue of said promitsory note, and thit mortgage, each and every, promptly on tha d~yt re~peetively the same ~ever~lly become due. ~ 2. To pay all and singular the taxes, assetsments, leviei, liabilitiei, oFsligations snd encumbrancei of every nature and kirtd rtow on said described ; property, w thst hereafter may be impoted, •vffered, pleced, levied, or assested thereon, w that hereafter may be Ievied or eisessed upon thts Mortp• # age, a tho indebtedneii iecured hereby, each and every, when due •nd payable, stcording to lew, before they become delinquent, and before any tntere~t ~ atlaches or any penalty is incurred; ANP INSOFAR AS AN~( THEREOf IS OF RKORD THE SAME SHAtI BE PROMPT:Y SATISfIEO AND DISCHARGED OF ~ RECORD AND Ti1E ORIGINAL OffICIAI ~OCUMENT {SU~H A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER •OFFICIAIIY ENDORSED ~ OR CERTIfIED) SHAII BE PLACED IN THE HANDS OF SAIO MORiGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not paid, sat':fied and discharged taEd MORTGAGEE mny al a~y time pay ihe same or any part thereof witho~t waiving or affecting any option, lien, equity or ; .iqht ~nde~ or by virtue of this mortgage and the full amount of each and every such paynent shall be immediately due and payable ar.d shall bear inlerast ~rom the da!e thereof until paid a1 rstr of nine per centum per annum and togethtj ~ith~~~tueit s~1~e~reJ by the lien of th:s morgtaye. Bon!! ~