HomeMy WebLinkAbout1456 2C 1408 4
TNIS INDENIURE, Nl~d~ th~ 20th day of ~y~mber 1'~ , A.b. 19~~ „ betw~
0. C. Peteraen ~d II~iu~D, petArgpn~ hf$. g~fe
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of .St. Lu~ie , Coyn~y Florid~, I1NliMffK d~t~ynared at the "MORTGAGOR." and FIRST FEUERAI SAVINGS AND IOAN
ASSOCI/?TION OF fOk? PIERCE, • cwporation orp~niud and exist~n9 ~~der ~M Isws of the United Stu~s of Am~rica ~nd Mvirg in principal piao~ of
bu~a fa tM C'it~r of Fort Pi~rc~, S1. tuci~ Co~~ty. Flaid+, hscein~ha desiynattd cs tFw "MORTGAGEE."
WMEREAS tl+e MORTGAGOR is jwtly indebtd ro ths MORTGAGfE in the ivm of ~~0~ • ~0 good and lawful money of the Uo~ted
~ States advanced by the MORTGAGEE unto the MORTGAGOR, as eviderxed by a cena~n prom~ssory note of even date herewith, of whicA tM iollowinp in
wwds and fipwes is a trw copY, to-wit:
500. oo -16 6 1
i November 20 ~0
~ Fort Piarc~. Flaidi. 19
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~ for v~lvs received, 1, we o~ efffitr of us, p~omisg~to pgyAkvithgutOdefalcation, to tM orde~ of FIRST FEDERAI ~1VI~ AND IOAN /1550CIATION OF
Q FOR1 PfERCE af Fort Pierce, FlorFds, the sum oi j ~ V V!
0 w;th interest from date at :he ~ate of a• 96 pet annum, in monihly instal{- '
ments as foUows: ~21~.aSL_ on the 15th+ay of March ~9~~_ and a like svm on the correspondinp day of each month there-
~ after until the whole be fully paid. ~ ~
Eath installment first shall be appl;ed in payment of the interest an<! fF,en on the ~npaid balancc of the princ:pal sum. !f default e~ msds in fha
~ payme~t of any insrallment when due, and wch defeult continues 30 days, then at tix optian af the hoide?, and without any othe? notice, ~If 1he remainiry
~,Y ~nst~llme~ts shall be dve and payable at aue. Privilege is g~ven to prepay this note in whole o? in ps~t at any t~ma without penalty. Neither faeb~e+aranc~,
no? acc~pt~nc~ by the holda thtreof. after ~any defaut? in any payments hereon, shall be deemed extens'a~. A Iste payme~t charge of ~ l~ ~ b~hall bs
~ added fo eath instatlmenr remaining unpa[d days aft~t its dus date, snd a Gke sum shall be added to each such instailment remaininy unpaid 7 d~ys after
each wctetdinp payme~t date.
Eath make~, surety and endor:er hercof, jointly and severally, wa~ves demand, presen?ment protest and notice oi proteat fw nonpayment, and futthe~
ag?ees to u?y extension of time of payment, eithrr before w afte~ mafw~ty, withaut nat;ce to any of us; and to pay all costs of collection, ir?cludinp •
~ reasonable attorney's fee in the event of any defautt hereunder, and hereby severally waives ai~ benefit of homestead and exemption ur+der fhe toastifvtion
~ and laws of each 51ate of Ihe United States, as aga~nst this obfigation or any extension w ~enewal hereof. ~
~ Witneas the hand a~d sea! of eath party. _
~ ~ i ~ : . _s Olive D. Peterson ~u
, , _ , cs~?u
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~ ~ ~6 • Stat~ Revsnus
~~7t7QltfC
NOW, THEREFORE, the MQRTGAGOR fp the pu.pose of secu?ing psyment of said sum of S ~!~Q~ ~ 00 . and the performsnce of tM
covsn~nis and spreemenb her~in~ite~ expeeued, and fa divcrs yood and wlwbt~ cw?sideratio~+s, by these p~ttents, doss grant, barQaio, seU, ~emise,
release, conwy and con!'um unto the MORiGAGEE, its succeuors and au;gns, all that certsin lot, pieoe or parcel of land, siwst~, lyinp, and Deinp in 1M
~p~~y d .St'i. Lucie ~od Stata of Flwida, deivibed as follows: . ~
Lot 1, Block 3, DARK HA~+.~;OCK ESTATES
L'NIT #1, as per plat thereof on file
in Plat Book 14, Page 13, Public Records
of St. Lucie County, Florida,
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4' ~ STi~~ C t-~+.3t-:s~;~ .
~ z DOCUME!'1 ~
A ~v., i:, ~1F~ j<: RECEMED =
r - ~%r': ~>c~-===.__= CU1SS 'C lM~,YGfBLE
~ = NQY2~'7J :C~-=: _ DUE ON IM PAYMENT OF TIIXQ
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F- ~ _ :=\.~a ~ ~ 0 CNAPT'R ~PERiY,
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N C04tPTRCLLER~~=~'-,~ s~7 5 V P06=R POITRqs. CICfk ~ l~l.
~!~.19~138 CIfC4l~ COUft
~ ABer?t br DANIEL N.
. _ St Lucie ~Cour,iy Tax Collec~ 1R
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_ ~run c~c -
toyether with all ard angular ths tenemenn, heredifamenh and appusunces therevnw belorging or in aoywn~ appertaidnp thento, and all r~nts, issws,
proc~ads ~nd profits xuui~g ard to acvue from said premises, all of which ue included in tF~ sbov~ and fweyoinp d~tcription and hsbendan.
TO HAVE AND ~Q HO~D tM above dexr~bei! s~+d grsnted pemises unto the said MpRTGAGEE, its woceawrs and assi~ns forw~r. /?nd t1» sNd
MORTOAGOR fw he~2'-___ he;n, executors, administrators snd assigns, hereby cove~anq with th~ said MORTGAGEE, its woces~on and a~sipir,
th~t thBT AT'B lawfully se~:ed of the s~~d prem~ses i~ fee simple; that tlw sam~ u~ fre~, cku ~nd d'aclur~d froen afl IiMS ~nd ~nctMn-
ixanus in I~w w in pvity,~and tAa+ ~e~ will ~~a their hein shall warrant ind defend tM titl~ b tht aame b tM aald
MORTGAGEF, in svaruon and aasigro, forever ~yairot ths lawiul daims ~nd demands of all persoeq;
PROVIDED, ALWAYS tMt if the MORTGAGOR shall pay unto the MORTGAGEE the promissory. rot~ hereinbefor~ descr~ed ~nd sh~ll truly, promptly
e~d fvlly periwm, dischar9e. execute. complete, camply with and abide by each ~nd every tM stipulations, apreements, cp~d'rtioro u~d oovsn~nfs pF said
promissory noM and of this Mortyape, then this Mortyage and ths Ests~e hereby veated sh~ll uase and be rwll and void.
IT IS UNDERSTOpp t}wt ths word "Mort9ayor" whether in the singular or plw+l anywFie~e in this Mort4spe, shall be sinpulw if on~ only ~nd
•hall be plwsl jointly ~nd seve~ally if more tMn one, and that the wwd "their" as used ~nywher~ in this More9~ shall b~ qkan to rn~an "7~5,°
w"its" wF~evK the context w imptia a admits, Also, that wF+e~ever there is s reference in the coven~nts and ayrse~n~nn her~in aomaimd b a~y d
~M putia her~to, tl+~ same shall be coostrued to meae ss well ~s tl+e heirs, kgal np.esentatives, sucuuon ~nd sas;pro (~itF,N volurqary by xt of tM
partws or involunisry by operafion of the law) of the same and that the covenana her~in cantained shall bind a~d tM bsnefi» and ~dvaretpp Irwr~
ro the rsap~ct;w hein, lepal represe~utives, w«esaors ~nd asi~yns of the p~rties hereto.
Md s+id Maty~ors, for tlrcmselve~ and their hein, ley~t represe~tatives, svcceuon ~rd auiy~s, hereby jointly and sewr~liy oave~w~t ~nd s~ns
ro and with tM s~d MORTGAGEE, its waeswrs snd assigro:
1. To pay ~11 and sirgvlar th~ principal and interest and the wrio~n ~nd wndry swra of mon~y paYaW~ by virtw of said praniuwy ~01~. ~nd thia
mo?rp+p~ ~ach +nd +»rY, w«nptiY on tM days respectively tFw sa~ sev~raly becan~ due.
2 To p~y all and s'wgulu ehe taxes. ~ssessments, Fevies, liabilitiea, obliy~tiau and encwnb~ances of tvery natvre and kind now on s~id dacr~d
Pr'oP~+tY, or that her~afeN m+y b~ imPowd, wffered. P~aced. {evied, or sss~ssed tlxreon. a tF?st her~aNer m~y be kvi~d or ass~uad upa~ tNs
sy~, or the k~dtbtidness ~twd Iw~sby. ~ach ~nd ewry, when d~e ~nd payabl~, accordinp ro law, bt(wt they b~tonN delinquem, a~+d bt~on any kM~?Nt
•ttaclws a ~~ryr penaitp b incwred; AND INSOFAR AS ANY iHEREOF IS OF RKORD THE SAME SHAII BE PROJNPTLY SA?ISFIEp ANp pISCHARGfp pF
RECORO ANO THE ORIGIFIAI OFfiC1AL DOCUhtfN? (SUCH AS, FOR IMSTANCE, THE 1AX RKElPT OR Titf SATISiACT1pN PAPER OFFICIAILY ENQORSED
QR CERTIf1E0) SMAII dE PUCED IN ?HE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENI; snd in tM ewe~t thaf ~ny tMr~of is not
paid. ~at:sfi~d ard diach~r9ed ~a:d MORTGAGEE may st a~y time pay the same a any p~rt thereof witlwot waivinp w~ifectiny any option, li~n, tqvify or
•ipht vntls~ a by rinvt of tiw mortQspe and the full amovnt of exh and ~vcry iuch paymem sMll be inr~ediatdy dw a~d payable ~nd shatl b~~? iMN~st
kqn tht dNt tl~ereof until paid at r~te of nine per te~tum per snnum and toyethcr w~th such interest ahall bs secur~d by the li~n of th:f morqfap~.
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