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Home My WebLink About0689 ; ~ 1J2E~f ~E ~ THIS INDENTURE, Mad~ ih. Z.ird day of Apr i~ A.D. 19 70 - betwesn Merryweather Investment ,~o~ Irtcj~ a Florida C:ern~ratien of - St. Lucie ~~~~y Florida, hereinafta deaignsted ~s the "MORTGAGOR;' and FIRST FEDCRAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERGE, • corporotion orysnizad and exiuin9 unda tM laws of tM United Stat~a of America and havi~p in principal pl~c~ of busineu in tM City of Fon Pi~ru. St, luci~ County, florida, 1?~~einaftN desipnated ~s tM "MORIGAGEE." WHEREAS tM MORiGAGOR is j~ntty indebt~d to tAs MARiGAGfE in ths sum of s 11 , 5~ , good and Iswful money of the Unitcd States advanced by tAe MORTGAGEE unto tha MORTGAGOR, a~ evidenced by • catain promiuory r?o~e of even date herewith, of wh~ch the followin~ in ~ wordi and figures is a trw copy, ~ewit: ~ 11,500.00 ~_16~284 fwf Pieres. Florida. APr i 1 23 ~q 7l~ Fw value received, 1, we o? either of us, p~omiu to pay, without def~lcation, to tAe order of FIRST FEDERAL SAViNGS AND IOAN ASSOCIATION Of FORT PIERCE at Fort Vierce, Florida, the sum of ; 11 ~ w;th intereit irom date at tha rate of 8• 5 9y per aruwm, in monthly install- mants as followi: S 1~•~ o~ the 1$thday of June ~~9 7O and a tike sum an the corresponding d~y of each month thcre- ~fter until thc whole be fully paid. Each installmenf firat shall be applied in payment of ths interest and then on the unpaid balance of the princlpsl sum. If default is made in ths F•ayment of any installment when due, and such default tontinues 30 days, then at the option of Ihe holde?, and witho~t a~y other nolice, all the remeining ~nstallments shall be due a~d payable at once. Privilege is yiven to {uepay this note in whole or in parf at any time without penalty. tJeither fwebearance, nor accepfance by the holder thereof after any default in any paymcnts hereon, shall be deemed extension. A late payrment charge of : 5•~, sF~all be adcied to ~ach installment iemaininy unpa~d 7 dayt after its due date, and a like sum shall be added to each such ins?allment remaining ~npaid 7 daya after each svcceeding payment dafe. ~ Each maker, su~ety and endoraer hereof, jointly and severally, waives demand, p~esentmeM protest and notice ot protest fo~ nonpayment, and further ' agrees to any extens'an of tim.e of psyment, either before w after maturity, withoul ~otite to any of us; and to pay all cost~ of collection, includiny a reascna6le attwney's fee in the event of any defautt hereunder, and hereby severally waives a!I benetit of home:tead and exemption ~nder the constitufioo and laws of each State of the United Statcs, as againat this ob!igation or any extension or renewa! hereof. ; w~tness the ha~d and s~al of each parry. NIERRYWEATHER INVESTI~NT CO. ~ INC;• ~ BY: /s/ Joseph Peoni, President ~y ~ corporate Seal affixed ~?u ~ ATTEST: /s/Blanche Peoai. Secretary i ~ ~ $17, 25 ~ State Revenw ~ ~U ~tc~lc 11 500 00 ~ NOW, THEREfORE, the MORTGAGOR fw the purpose of scn?rirg payment of said wm of S ~ • ~r?d the performance ot th~ coven~nb and agreements hereinafter expressed, ~nd fw d~vers 9ood ~rd vaiuabte conside+~tions, by these presenq, doe~ ~rant, b~rgain, sell~ rcmise, i releax, convey and confirm unto tF+e MORTGAGEE, in tucceuors ~nd auign~, all that urt~in bt, pieu or parcel of I~nd, :ituate, lyinp, snd beiny lo tM ~ St. Lucie and State of Flwida, described s~ follawi: ~ ; Lot 6~ and the North 37.5 feet of Lot 7~ Block 2, NERRIWEATt~lt PARK SUBDIVISION~ as per plat thereof on file in Plat Book 6, page 26~ Public Records of St. Lucie County~ Floridai~/ REC£ry~p ~ Q v D•'lE ~K ~s 3 P~ ?S:.AriT IHTA GN EB !N PAYM~yJ OF T - ~,V,G. R TO C'rIAPT_'R 2072~ AC S~'N~1L P^UPERiY~S i- ± ~J : ~ PoI~!'JS, C~erk Circuit ~ ls.fl. • ~ r\ t ~ ~ ~ DOCUP•±ENTN;"' : u ` ~ ~Eer.r fot C~1Jl~ rt c~ - _ , = St ry K1YOtiY ~ ~ - GPR2i~7~ z,-;,,= ; Luiie CoW.~y Tax 1! ~S~ ,R - o _ ~ ~ ~ 2 ~j = ~ ector ~ ~ v c`e~r~AC~ LER -~`:r`: ~ ~ 14u138 ) Q B. " ~N ~LERK togeth~r w~th all ~nd singvlsr the tenemenn, Ixradiuments and appvnances therevnro belonpinp or in ~nywise ~ppcrtaini~g there% and all rtnts, iuws, proceeds and prof~n ~cuuing snd to ~ccrve from ~aid premises, all of wfiKh ~re included in the ~bove ~nd fwparg dewiptan ar.d habendwn. TO HAVE AND TO HOlO the ~bove deuribed and yr~nted prcmiaes unto the said MORTGAGEE, its wccessors and auipia fw~ver. Md tl~ s~id MORTGACtOR fpr lt-~ heirs, execvton, ~dministrators ~nd ~ssigns, hereby covensn» wi+h ths said MORTGAGEE, iri suaestors ~nd asaipm, that - lt 2S lawfull teized of ths said y premis~s in fes simple; tMt tfK sarrN ar~ fre~, clear and discl+~ryed from ~H liera and ~ncum- brsnce~ in law or in equity, aod that i t will and t 5 heers thslt wKraM and dsferid tMr titl~ to tbs same to th~ said _ MORIGAGEf, its svccessors ~nd auiyns, fwever agaimt th~ Iswtul cl~ims snd demands of sll persorq; PROVIDED, AIWAYS thit if the MORTGAGOR sMll pay unto the MORTGAGEE tM {xomistory rqte hereinbefore described and sh~ll truly, promptly and futly perform, diuhsrye, execute, compkte, compty witfi ~nd sbide by Q~ch and every tfie s~ipvia~ioro, ayrMments, conditian and covenants of said promissory note aod of tnis Mortgage, t3~en this Mo+tgsye ~nd the Eat~te hereby veated ihall uase snd be nv{I and void. ~ !T IS UNDERSi00D that t!?e wwd "Mortgagor" whether in the sinpular w plwal ~nywher~ in thK Mortysye, shatl b~ sinyular if pw only and shall be plur~l jointly and sevcrally if mw~ than ons, and thst the word "t heir" ss u~?ed ~nywhere in this Mwty~ye sFwll be taken to me~n "hn; •••hen or "in;' whereva the context w implies or adm+t~. Also, that wherever tF?ere 1s a reference in tM covenanh and +yreementi herein cwuain~d to ~ny of tFx pa?ties hereto, the ~sn» shsll b~ conatrwd to m~an u well u the hein, kyil rtpresenutives, wttsstws snd ~ssiym (either volvntuy by ~c1 of t!w parties a involuntary by operafiw~ of the law) of the iame ~nd thst the covensnts harein conained shaN bind a~d the benefi» and ~dv+n?a~s irwr~ to ihe respecYne he'us, leqal repretentativp, sucteuon and us~gns of the parfies hersto. And s~id Mortgagws, fw themselves and their hein, Is9al represeMatives, suuessws ~nd auiyns, hereby jointly u?d s~verally cov~nsnt ~nd ~ree to ~nd with the said MORTGAGEE, its successars ~nd ~uiyra: 1. To pay ~II ~nd singulu the principsl ~nd imerat and the v~rian N+d sundry wmt of moeey paYaWe by vi~tw of said promissoiy not~. ~nd tl~n mo?tQape, esch and svery, promptly on the days rapedively tM same swsrally become due. Z. To p~y all and sinyvlsr the tsxes, assaunenn, I~vies, liabilitia, obliy~tions and encumb~nces of every rnture and kind now on ui~ dexribd property, qr tMt here~fte~ may b~ impw~d, wfferad, ptaced, kvied, or assess~d thereon, p tMt hereafta m~y b~ Isried w asesred upon thb A~Iort~ age, or the indebtedness iecwed her~by, ~xh and ewry, when due u+d p~y~bk, auwdirg ro law, b~fw~ they becom~ delinquent, and b~fw~ ~e~y lot~ns~ attathes w sny penalty is incurred; AND INSOFAR AS ANY THEREOi IS OF RKORO THE SAME SHAII dE PROMPTLY SAi15FIED AND DISCHARGEO Of RECORD ANO THE ORtGtNAI OFFtCIAI OOCt1MENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPi OR THE SATISFACTION PAPER OfFICIAIIY ENOORSED OR CERTIfIED) SHAII BE PUCED IN THE HANDS OF SAID N10RTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event tMt ~ny N~treof is not paid, sat'sfied and discharged ss:d MORTGAGEE may ar any t~me pay rhe same a any psrt rhereo/ wi~houe waivinp or affecrin9 any option, lien, puity or •iQhr under or by vertve of thit mortgage and the fvll amouM of e+ch and every such payment ihall be immediately due and paysbk and sMtl bear interes~ s.om tF+e d~fe ~hereof until paid st rste of nine per centum per an~um and t`~ ~y r~ such im}r~~be secured by the lien of th's mwytapt. BOOK30~ PAGE.