The URL can be used to link to this page

Home My WebLink About1057 ' ~ une ~ , ~ ~ , ~ ~ THIS INDENTURE. Mad~ tM.~.16Lf1 pW o} . A D. 19 b~tw~n . . . _ . . . . _ -f,c.s VfIARD L. PEEK and jOAN E. PEEK,~ his wife ~c~c'~oR. of ~llci~e__ County. FIorW.. hu.in.R.. d~~.a a th: ~~I~A~ ,~}and FIRST FEOEML SAVINGS ANO LOMI ASSOGIATION QF tNOIMI RIVER COUN7Y. aoapa tion a~+i:~d and txistin~ ~r~de~ tM laws of t1» Ueit~d Sqt~s o~ M~ia ~nd hrvi~ its p~i~tipil pt~ot of busM~is i~ tM Ci~y of_ VKO B~sd?. indisn RivK County. Flwid~. hu~in~fte~ da:itna~d as t1v "MORTGAGEE" Eleven Thousand Sewen ' ~iAQ~ ~y{ just1~~t~ MOttTGI~GEE in tF+~ sum of . _ . _ . ~lll~x'. _iii1LL. '1~0 11~..I~~l~l..__.) Oolbn. ~ood and lawf4~ ma~1? of tM Unitad St~tes advanc~d by,fh~ MpRTGAGE~ aApQ~~;l?~~~ ~vid~~d by a prhin p+omiuay ~wte of ever~ d~t~ htrewith. of which tM ~~Q1~°~ ds ~nd fi~+?es is a hw CoP'Y. fo-wit: . - ~~p~7 I s .l_l, ?60~OQ__ No. . . v..o ee~+. Fb.~~. _.1.une-16s - - i9 .70 For valw receiwd I or vv~ jdntiy or sovewlly promise to psy to FIRST FEDERA~ SAVINGS M!O LOAN /1SSOCIATION OF INDIMI RIVER COUNTY. tM sum of = u.,_7.~.~Q---~----- at ifs office in Vero Bexh, Florid~, with inte~at at th~ nte of ~..ZS psr pnt pa an+u~n. in ths folbwi~ nwrNr. = 11 1 ~ ~ppn t~i~ Htst of exh and w~ry month herwfter until the full pri~cipsl wm, with interest, has bear~ piid; said ~„cnthly paymenn shati be spplied itrst ro M~e payn+ent of inremst on the unpa~d balsnce. and ~hen ro N,e payment of princtpsl. 7'his note is neQoHsbk and if defwlt ie payn+ent oocurs. n+sy be plxed in the hsnds of sn attornay st law for collection, in whkh event 1 0~ virs saree to pay the cosn of collectian, including s ressonsbk attorne~/s fee, and each of us, whether msker, gw~sntor or andorser, hereby sevenlly vraives demand. notice of rwn-osvment and P~t of this ~ote. , s Ward L. Peek --ck~n ~ ~-~-1----- ~ __~s~,~oan E. Peek --..~-----~,i~ In ths evait sny payn~ent is not mada prio? to th~ 20th day of ths month when due, M~en thls note shall beu interest st the ate of g~ han the dste sny wth psymcnt becsme dus snd throughout the period of wch delinque~cy. ~ SbM stamps paid snd cancetkd on oritinal of this note in the smaint of s~I.Ta 7Q---._ . NOW. THEREFORE. th~ MORTGACAR for tM pu~pose of sea+rin6.the payment of the ssid wm of S 1~-760• perfo~m~nce of the covenants and agraen+ents hereinsfter expresssd. and for d'ivers aeod and valwbk coe~siderations. bY fMs~ Prosae+ts. does gnnt. bs~sin. sell. ro~+nise. rofesse. oonveY and oonfimn unro the MORTGI~GEE its wocessors and assi~ns. all thst urtafn lot. picos or pa?ul of Is~d, situate, lyin~ snd being in ths Camy of SL,_ Lueie----------.--- -,~,a sate of F~. desuibsd ss folbws: Lots 9, 10 and 11, ALTADENA SUBDIVISION, according to the plat thereof as recorded in the office of the P~blic Records of St. Lucie County, Florida, in . Plat Book 4, page 71. This is a Purchase Money Mortgage. 1~ - ~ 1- - m.~ ~ irau~cis~ ~ ~ ~ R.'~:.Af:t ;0 "M°T.Z Zo72d. ~{CTS OF- P~ERiYi ~~~R t~r ~~~t co„ ~s~L . as rt Tr+is ~r~u~Hr w^s Pt~~o ~~t i:~ r-.~.~r a r. rM~ . ~ , BY CHAS, E. SMITH ~u:-t~ 1ax Cotict~o~ sN+~TM• ~wn+, sr~m+ ~ o~w~ P.o. eox s~a - - v~o e~a+, ~w? ~o together with al) and singubr the te~e~r~+ts, hered7ta snd spp~rt~ ~re~x+to. belongin~ or in snpwise appertsiNng thereto. snd - - ail rents, ~iswes. Protetds and profits atcruin~ and to actrue frotn ssld premises. all of whith are incl~ded in the above and foregoir?= d~- ; scriptian snd h~sbeY+d~ra ~ E TO HAVE M1D TO HOLD tM sbove described snd ~{nnted premises unto the said MORTG/1GEE, its wooessors snd assiBns Mrover. ~ Md the said MORTGA('AR ~for.~~heirs. exKUtors. sdministrators snd assig~u. hereby aovenants with the said MORTGAGEE, its wotes- sors and sssigas, that__~}C.~~_ lawfully seizad of the said premises in fee simpl~; tF+~t the sur~s are trse. ckar and dis• - j chs~Qed from all liens and enaunbrances in law or in equity. and ihat ~__t~y_____~ . will and _ ~1~ helrs sF~ll warrant and ~ defend tfie titb to Nx s~me to the said MORTGAGEE. its waassors snd assigns. foraver agsi~i the fawful tlaims and demands of all pe?sons; PR01/t~EED. /U.WAYS that if the RAORTGACAR sh~il pay unto the MORTGAGEE the pramissory n~te hereinbefore dauibed. +nd sF+all truly. pramptly and fuly perform. discFyr~e. ezeout~. complete. cornply vi?ith and abid~ by esch and every the stipu4tions. sgreernents, conditiwu and covenants of said promissory note and of this Mort~age, then this MortgaBe and tF+e Estate hereby uwtcd shall cease and be null and vokl IT IS UN~ERSTOOD that tf+e word "Mort~sga" whether in tM sin~ubr w plunl anywhere in this Mo.taa~e. sha~l be singulsr if ope only and shall be plural iointly and severally if more than one, snd that tF+e word "Their" as uscd anywhere in this Mort~aQe shatl be taken ro mean ••his; •••her; ' or "its."'vtiherever the contezt so implies or admits. Also. that wherever thero is s reference in the oovenaMs u+d agreanmts herein tontained to any of the partia hereto. tF+e same sF~al1 be oonstrued to mean as well as the heirs, leQal rapresentatives. wc- ceuors and assigns teither wluntary by act of the parties or invol~tary by operation of t1+e Isw) of the ssme and that the covenants herein contained shatl bird and the benefits and advantaQes inure to the respettive heia. k~al representatives, wccessoa and auigns of tfie partilS hlret0. _ - Md said Mortgagors. for themsetves snd their hein. legal rcpresentatives. successors and asstgns, hereby joinNy and severally covenant and agree w and with the said MORTGI~GEE, its sutcessors srxl a~iens: 1. To pay all and sin~u4r the pri~tipal and interest and the various and s~x~dry wms of nwrwY WY~k b1? of said promissory note, and this matgage. eact~ s~,d ere~r w«~r a+ ~+e dm ~es~sct~~eb tt~e sar~e sere.aiy beoonr~ due. 2 To pay all and singular the taxa, assess~nents. kvles. lisbllit(~s. obNptic+ns ud incumbrano~s of ewry n~hue and klnd now on said dacribed property. or that hereifter msy be ir~osed. suHerod. Plsced. lavied. or assessed tF~erean a that herwher msy be levied or assessed upon this Mortgage. or the indebtedness secured hereby: exh snd every. wF~en due and psysbk aotordirt~ to Ww, before N+ey be- ; con+e delinquent. and before any interest attxhes or sny pe~lty is incurred: and insofsr u any tF~eof is of recad the ume shall be promptly ; satistied and discharged of record and the ori~inal officisl document (wch as, for insqnce. the tax receipt or the saNsfxtion paper officially ~ endorsed or urtifie~ shall be placed in the Fw~ds of said MORTGAGEE within ten days next after payment; and in the event that any thereof ' is not psid. satisfied and discharged. saia MORTGAGEE msy st arry time pay the same or aMr part thereof without waiving or sfhctin~ any opticn, lien~ equity. or right wder or by virtue of this Mortga~e. snd the (ull smount of each snd every wch payment shalt be inwnedistefy due snd psyable and shsll bear interest from the dste thereof until paid at the ~ate of7i~ _snd ~ED~ per cenhxn per snnum and to`ether with wch interest shsll bs sewred by the lien of this rtart~ase. 6~gI1i OII@- quarter 3. To plac~ ~nd continuanly keep on the buil~n~s ~ow or heresfter ~itusted an said Isnd sndon alt oquipment and personalty cov- end by this rtwrtgage. with sll premiums tF~eor? psid in iull.' fin inwnnce in the uswl standard policy form, in a wm approved by tFxs MORT~'il1GEE, and tornado insurance in the uswl standsrd poUcy form;in s wm spproved by tF+e MORTGAGEE. in such tornpany or oon+Wnies as the MORTCJIGEE m~y direct: ard sll firo and tornsdo inwrsnce potkies on any of said bui{dinas. a.~y interest therein orpart thereof. in tF+e •Q6regate surn aforesaid o? i~ excess thereof. shall contsin thr ususl standsrd mortgagee clwse or wth other clsuse ss. tF+e MortW6~ ~++Y require. makln` the loss under said policies~ esd+ sndevery . p~yabk to ssid MORTGAGEE ss its interest msy sppar. snd esch snd erary wch Dolicy shall be prt,~~tly assip~ed and deliverod to and held by ssid MORTGI~GEE u further seturiry M said mortss~e debt. and. rat less thsn ten (10) dsys in ~dvance of the exptntion of each polky. to deliver to said MORTGAGEE s renewsl the~eof. to~ether with a reteipt fw the premium of wch renewal• and there sh~ll bt no firo or tomsdo inswsnt~ plsced on s.hr of said buildings. any interest tlxrein w parf ther~. unlas In tFr form ind with ths lo~ psyabb as a~anssid: snd M tM wa~t any wm of mor~sy b~can~s psysbl~ unde~ sud+ :~iRo-:s~=sors-ss-w ' ~185 ~105$ . ~,~A~- ; - - '~~r