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HomeMy WebLinkAbout1328 isss~~ THIS INDENTURE, Mad~ th• dth da of December q,p, ~q 69 ~tween Robert F. ~eeko and Vir inia Meeko hia ~ife ~ :y~ .t of $t• ~Ci@ Co~nty Florid~, her~in+fter dtiiy~ated as tFu "MORTGAGOR;' ~nd FIRST FEOERAL SAViNGS AND LOAN ASSOCUTION Of fORT PIERCE, a cwporatan or~anized +nd ex~sti~y unde~ th~ tews of tM U~ited Sutu of America •nd Mviry in princ~pal pl+ce of businsu in tM City of fwt Pi~ra, SI. luw Cou~ty. Flaida, Mninaftsr d~sipnated u tFy "MORTGAGEE." WHEREAS tM MORTGAGOR is juitly ind~bt~d ro ths MORTGAGEE in 1M ium of ~ 12 ~ 8~• good and lawful money of the Un~ted Siares advanced by tM MORTGAGEE unto tM MORTGAGOR, as evidenced by a carlai~ promissory note of even date hzrewith, of wh~ch the (ollowinq i~ word} 3nd8~y~:s~a true copY, to-wit: ~ s 1Z~ W 16.079 Fort Piercs, FI«ida, D@C61eb@I 4 19 69 Fo? value received, I, we o? eithsr of us, promise to y, without defalcation, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCtATION OF fORT PIERCE at Fort Pierce, Fbrids, the sum of = 12 ~ with interes~ from date at the rate of8 • 259'o pe? annum, in monthly ins~all- ments as follows: = 11O• ~ on the lst~y of anu YV l9~Q and ~ like sum on the correspor~d~ng day of each month tFxre- ; afrer until the whole be fully paid. + Each installmcnt first shall be applied in p~yment of the inte~est ~nd tFxn on the unpaid balance of the prinupsl sum. If default is made in the ~ payment of any installment when due, and such default continues 30 days, then at the option of the holder, and without any other notice, all the ~emaining j ~~srallments shall be due and payabk at once. Privilsge is givcn to prepiy this note in whole o? io part st any t~me without penalty. Neithe? faebearan:e, ~ nor acceptance by the holder thereof after any default in any p~yments hereon, shall be deemed extension. A late payment cha:ge of S5• 5O shall be ~dded to each installment remai~inp unpaid 7 days after ib dw date, and a like aum shall be added to each such installment remaining unpaid 7 days after each succeeding paYment date. Each maker, surety and endorser hereof, jointly and sevenlly, waives demand, preuntment p~otest and notice of protest fw nonpayment, and further agrees to any extension of time of payment, either before or after maturity, without notice to any of us; and to pay all costs of colleaion, includ'+ng a reasonable attorney's fee in the event of any default hereunder, and hereby severally waives all bcnefit of homestead and exemption under the constitution a„d laws of each State of the United States, as againat this obligation a ~ny exte~seon or renewal hereof. Witness the hand and seal of esch party. - /s/ Robert F. Meeko ~AU (s~?U /s/ Virginia Meeko ~~u ~ (sEAU ; ~ 19.20 i S»te Rev~nw : (Stamps uncelled on aiyinal note) 12 ~ 800. 00 NOW, THEREFORE, the MORTGAGOR for the purpose of tecuring p~yme~t of said sum-of = snd the perfwmance of the covensnri and agreemenri hereinafter e:preued, and fa diven yood and valwble tonsiderations, by fhese presents, does grant, bargain, sell, remise, release, convey and confi~m unto the MORTGAGEE, ib successors ~nd auigns, alt that certain lot, piece or parcel of Isnd, situate, lying, snd being in ths County of St . LL1C1@ , and Stat~ of Florida, de~tribed as follows: Beginning at a point on the old bulkhead on the West shore of the Indian Rivez and 100 feet + 3 Northwesterly (as measured at zight angles) of ~ the Northv~esterly line of Lot 3 of Koblegards c~ ~ Resubdivision of Kussell's Subdivision of Lot ~ .r..~~r;;~:~+,~~!~~~~ 4~ in Section 28-34-40 as recorc3ed in Plat Book ~ o.' 1~ page 37~ St. Lucie County, Florida; run w J; ~ N`~ Southwesterly parallel with the North line of Q zo ~ , ~ ~ ~ said Lot 3, 572 feet~ thence on a back angle of a~'~ r~ ~ ! ~ - ~ ~ ~ 98° 21' run Northwesterly 174. 23 feet ~ thence ~ c° " ~ ; ~~r on a back angle of 63~ 45' S0" run Bast 249.45 ~;r~~ ~ o~ ~ ~ feet, thence on a bac k ang le o f 1 9 7° 4 6' 40" V: Q N ~ ~ ~ (as measured to the left) run Noztheasterly ''=a 0?~ ~ f ; 345.95 feet to the old bulkhead, thence on a U~ ~ " ° ~ back angle of 98° 27' 30" run Southeasterly ~'~'o Q y F ~ 96.12 feet to the point of beginning,? o~^ ~ r, o c, ~ ~ ~ ~..?i:i:lllllllon~.' ~ 4 .'Wj-I ~~7 Q ~,~j ~ ~ ~~4 ti ~ ~lr.nc~ ~ ~ ~ ~ ~;~n~ •ts ~ ~ together with all and singulsr the tenemen», hereditamen» and appurtances thereueto belonpirg w in +nywise +ppe~talninp thereto, and at) rents, iuues, proceeds and profia ~cuuinp and to accrve from ssid piemises, sll of whid~ ue included in ths abov~ and foragoirg descripYwn and h~bendum. ~ ~ TO HAVE AND TO HOID the sbow described and yranted premises unto the s+id MORTGACsEE, its successo?s and +ssigns forever. Md tM s~1d d i ~ MORTGAGOR for the ir executon, administrarors and auigns, F~eby cove~+nri with tM ssid MORTGAGEE, ib succeison and auipm, ~ ~ they.are F rhat - lawfulty ~eiud of the t+id premis~s in f~t simpl~; th~t tM sam~ u~ fr~e, ck+r and dixharged from all liens and encvm- ; ~ brances in Iaw or in equity, and tha* thQy w~~j their heirs sha11 warwnt ~nd defend tM title to ehe tarrw to tM said ~ MORTGAGEE, in succeuors ~nd auiyro, forever ayainsT the I~wf~l cliuns and demands of all penan; s PROVIDED, ALWAYS tMt if the MORTGAGOR ahsll p~y ~nto the MORTCsAGEE tF~e promistay rate hereinbefors destribed and shall truly, promptly i - and fuHy perform, dixh+rye, execut~, complete, comply with and abidt by each and tvery the ~tipulations, ayreemenn, conditions and covenann of said ~ prom~ssory not~ and of this Mort~+~e, t}ien this Mortyaye and tM Esute hereby aeated shall cease and be n~ll and void. :S IT IS UNDERSTOOD tFNt the word "Mortyayor" whethe? in tt+~ sirgular w plwd aeywher~ in this Mortg~pe, shall be sinpuiar if one only ~nd shall be plur~l jointly and swerally if mor~ fh~n one, and thst ihe wwd "their" as ufed anywhero in this N1wt9ay~ ~hsll be taken to mean "his; ••'hen or "its;' wherever 1M cont~xt so implies or ~dmits. Also, tMt wherever there is i referenc~ in the cov~n+nn and +preemenb herein co~bined to any of ~ rhe ~arties hereto, the t~m ihall b~ constrved to me~n as well as tM Min, I~al r~esentstives, sucteuon +nd auigra (eithe~ volvnt+ry by ~ct of th~ parti~s or involuotary by oper~tion of the Isw) of tl+e ssn+~ and t1~at the covenants herein contained sh+ll bind snd the benefits and adv~ntayes inur~ ro the rsspective hein, kyal representatives, successon s~d au~yns of the psrties I+ereto. ~ Md taid Mortyspors, for tF~emselves and tl+~ir hein, ley+l r~pre~ent~tives, successors ~nd ~uiyns, hereby jointly ~nd ssvaally coven+nt ~nd ayree to ~nd with tl» s+id AAOATGAGEE, its successors and ~uiyrn: 1. To p+Y ~11 ard sinpulu tha prindpsl s~d interest and the vsriout and s~ndry wms of money payabfe by virtue of ssid promiswry noM, and this 3 moh e each ~nd ~wry, promptly on tF+~ days r~spactiwly th~ sam~ s~wwlly becom~ dw. ~r 9+9 • ; ~ 2. To pay ~II and sinyul~r th~ tsx~s. asHSSm~nb. Iwies, liabilities, obli~stiom u~d enaxnbranus of wsryr ~+rwe and kind naw on said described ; ~ Property, w that I~ere~ftN m~y b~ irnpos~d, wffe?ed, placed, levied, a ass~s~ed thereon, a that IKreafta may be kvied a useued upon this Mort¢ ; ;aa, or tl+~ Fndsbted~ess sscured hereby, each and ewry, wMn due ~nd p~yabl~, accordinp ro law, befae they becan~ delinqusnt, and befw~ ~ny intKat ° attackaa a atryr penalty is inturred; ANO INSOfAR AS ANY THEREOf IS OF RKORD THE SAME SHAII SE PROMPTIY S/RTISFIEO AND OISCHARGEO OF ( RECdRD AND THE ORIGINAL OFFICIAI OOCUMENT (SIKH AS, FOR INSiANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED ; OR CERTIFIED) SNALL 6E PUCE~ IN THE HATlDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event tMt any thereof is not ~ ~ paid, sat:sfied and discharQed ss:d MORTGAGEE may at any t~me pay ~he same w any pa?t the~eof without waiving or sffectirg any optan, lien, equity w •~aht under w by virtve of this mortysy~ and the full amou~t of each and every such payment i1?all be inxned'utely due and payabk and ihsll beu interest ~ ~ `.om the d+te thereof w?til paid at rate of n~ne per cent~m per annum and to~etF+er w~th tuch i~terat shall be secured by tM lien of th:s mor9taye. 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