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HomeMy WebLinkAbout1566 2('i2': TNIS INDENIURE. lNad~ the 25th d~y o~ ~AbTI~$2~ A.~. 19~Z~ , bo~..een Samuel R. Peterk~n, Jr. and_St~rler _ his_y~~__ of `St' • I'uC ~8 County Florid~. M~c~o~1tN desy~ared af tha ' MC7RTGAGOR." and FIRST FEDERAt SAVINGS ANO IOAN 4~,SOCIAT!ON OF FORT PIERCE. • carpwation apani:ed •nd ex~stinp undee ~he Isws of Ih~ Un~ted Statos of Ame~ic• ~nd havinfl its principal pl~c~ o} 5.:s~neu in ~he Gty of For~ Pie~;s, S~. lvch County, florids, F~lttiMNH despne:ed as rM "MORiGAGEE." WHEREAS !he MORTG4GOR is juitly indebted to ths MORTGAGEE in the ivm of 5-33 9ecd and lavvf~l monev oF tAe Un.ted S~ares ~dvanced by the h~.JRivA~Ef ~nto the MORTGAGOR, •s ev+drnced by e ce~ea~n p~om~:sory no+e o1 e.e~ date hr+e.s~'h, of v~l~,ch ~n~ ioibw~np in ..~~ds and f ufes is a irvc copy. ~ow~t: s_ 33,00~.0o No_ 4-16 8 2 fort P~e~ce. Flaida. ~b2~182`~1 2~ 19_.1! Fw vaSve tKi~v~, I, w•E or either cf ~s, prom~ top~yAwytllart dtfa;cana~. to the ordrr o+ FIRST FEOERAL SIIVINGS A~;D tOAN ASSOCIAiION Of CT PIERCE at fort rP~nce, Fier~da, the svm orf 5---~~~~~~~~~ w:th intrrrst from datc at thc retc of . 7~~~ per aiu~u.n, ~n mo»hly install- ~rs as fo~!o.+a: S~7~'-~ the 7th d~Y of - ~JUn@ 19_ T~_ and s GAe sun~ o~ thr correa~wnd~r.g day ot eo~h mo~nh the~r } e••e• ~nt~f the w~~ole be t~tly pe~d. Each ~nsra.4nent i~rst sha4l be eVP'~~~d paYment of ~he inrerest •nd the~ on rhe unpa~d 'tvla~.e of the pr+nc pal •um. If Jc~lautt is made in the ~ ,;,,nrnt of any ~ns~a~:~*+em whr~ d.x, and such defs~lt tont~nues 30 days, the~ at the optron of ~he ho~der, and .vieh-~.~t any othrr n.~f ca, all thc remain~ng .a•au:nenrs sha~i be d.,e and Fuyab~e at o~ce. Pnv~leye is g~vcn to prep~y this no?e ~n whose or in part at any a~:n~ wuh~ut ~xna;!y. Nc~ther fqrEearance, accep~ance by +he h.~dK rhere.~f af!er any default i~ any payments he~eon. shell kx decmed ettensiJn. A!arr paymem charge of S- t2.~~~ sha? De :.:.tc•d to tuh ~ns•a~••nrra .emein~r+g u~pa:d 7 da~'s after iri dw dete, and • iike sum ahali be addrd to each w:~1 iR113~!i11@R1 re:na~n~ng unpa~d 7 days after e3,h svcceed~ng paymenti dare. Exh ma?er, wrery and endorser hereof, ~ointly and seve~ally, wa~ves demand, preienr:nem pro!rsr end nofi.e o1 p~ofest for ~~o~~, ay~nc~~t, and lurt!xr _+a•ees ro any exiensro~ of ~~me o~ payment, nt~r~ ~fore a after matur~fy, wirhuut nct.ce to any of ua; end ro ~ ay atI cosT~ of co'iec~ion, inc:vcl.ng s <:~onsbie attorncy s fee m fhe e.e~t of a~y de}ault Fxreunder, and hrreby se.e~a!~y ~a~ves all bene9it of hJmrs~iad a~d eie~n}~e~~n under the constitution a:aws of exh SrsTe o' ihe Un,red 5*ares, as agamst this obi~9ation ot any e:+ens~o~ o+ rrne.val hereuf. W~truss the hand a~d sea! of each party. ; s/ Samuel R. Peterkin Jr. (SEAI) ; s S irley R. P~terkin (SEAI) ~ (SEAI) (SEAI) ~ ~9•~~ 1 Sfate Revenue NpW, TNEREFORE, the MORTGAGOR fo~ the pu?pose of secur~ng paymcnt of sa~d sum oi = 33~~'~ +nd the performan~e of ~M ::venann a~d apree~enn txre~njfter e:pressed, and for divers 9ood and ~+~wble cons~de~at~o~,s, by tFxse presenfs, does g~ant, ba+ga~n, se!I, rom~se, e-ase, convey ~nd confirm unto the MOR7GAGEE, ~ri succeasors ~nd auy~s, •!I lhat certain lot, p~ece or percel of Iand, situate, lyin9, and be~ng in the ,o:,nry of St. ~+LLCf@ ~nd Sute of Florida, described as tollows: ; ~ z North 10 feet of Lot 1~ and all of Lot 5, Block 2, ~ ~ GQLF VISN SUBDIVISION, as per plat thereof on file ~ in Plat Book 6, Page 36, of the Public Records of ~ SL. Lucie County, Florida, ~ c~ ~ ~O ~ ~n P~~rM~.Kr n~ xEs - r DUE GY Cl1laS 'C th'i.1NG~BlE PERS..N~.L PRCP~Ri'f. ~ ~~s ati~ ~0 C1111P'~=.R 20724. 1tCiS OF I941. ~ P.CG=R FGI ~?'AS. Cleclc Circuit Cou~t { _ " CANIEL N. KN~iNLES. 1R ' ~Ii ! _ ' < as ~Lucie ~Cau:.t~ 1ax Colletta ; ; ~ ~ ~y.:.~ti. ; ` ~ = ~ ` .9~~~'"= ~ ~ ~ ~ ~ - - ~ ~ 9 5 0 = ~r ~„~c c~c ; r _ _ ; V F~c-ti_ @ ~n c•^ F F? ~ ; - ~ a ~ s e ~ E t ~ •ogether wirh •II and singula. rhe tenemenn, t+eredifame~ri and appwtances thereumo betonyin~ or in anywise appertaininq therero. ~nd all renb. iuues, `s ~ ~•xeeds rnd prof~n xcruing and to acuue from said prem~ies, all of wh~c1~ are incl~ded in the abovt ~nd fwe9any desc?iption ~nd habendum. ~ ~ s ~ TO HAVE ANO TQheOjD rhe ~bove described +rd y~anted prem~scs unto ihe said MORTGAGEE, its successors and auigns forever. And tFK ~aid ~ ~ N.ORTG R fw t- l'~='---- he~rs, executors, ~dministra~o.s and assigns, hereby covenants with the said MORTGAGEE, its successors and ss~iyrn, ~ } •nat -~~-~e lawfully u~zed of rhe sa~d prem~ses in fee timplr, that tM same are free, dear ~nd dixMr~ed from all lec~s and ~ncuro- ~ ~ o~~nces in I~w w~n eqv~ty, and tnat t~s w~ll and their hein shall warram ~nd defend the t~sle ro ~he i~rrr to t1a said ~ MOttTGAC,EE, in successors and ~s:~~, forever ay+ins~ the lawf~l claimt •nd demands of all persw~s; ~ ' PROVIpED, AtY1AY5 that if tiK MORTGAGOR shall pay unlo the h10RiGAGEE 1M p~orn~uwy no~e hertinbefwe described and shall truly, promptly - a~ fuity pcrform. d~scha~qe, execv~e. compkte, comply w~th and sb~de by esch and eve~y the siipula~ior+s. ~yrcemcnis, conditions and toven~nq of u~d , ;.~or.~~sswy nore •nd of thn Mor~q+ye, fhen this Mwt~aye +nd the Esta~e hcreby uened sMI~ uase and be nuli and void. IT IS UNDERS100U that fhe wo.d '"Al1o?tfl~goi' whethtr in the sin~uiar a plural anywhere in fh;s Mwtyage, shall be •inqvlar ii ont only and sha'1 be plur~l pirnly ~nd sevp~lly ii mpe thsn o~, ard that the word "t?otir" as vsed anywhere in this Nbrtyape shall ~ uken to mesn °his:• •.be~s,•• o• "its." whe~eve+ the conte:~ w~~++p~~es M ~dmits. Alfp, tMt whe.ever there ~s • reference in the cove~anr~ snd ayreemems herein contai~ed to ~ny of ~ rt,~ p~n:es here~o, the same ahall be consrrued io msan +t weil ss tM heers, kyal represenlativef, iuccessor~ and ais~ns (either voluntary by act o( ihe t parti!! or involu~++.y by operatwn of the few) of the s~me and that the covenanis hsrsin conrained ahall bind •nd the benef~~s and adwnt~yes inun ~o r!K reapea~w heKS, ie9~1 represent~tives. successas a~d au~gns of the partiss hereto_ Md said AAo~t9ayo+s, for rhemselves ~nd the~r Fiein, leqal ~eprese+~tstives, successors ~nd assi9nt, hereby jointiy ~r+d s~veraily covena~t •nd ~yree = ro •nd w~rh thc sa~d MORtGAGEE, successo.s and au~p~s: ' l. To pay •!I ~nd sinpu4r t1x pri~upal ar~d ~msrest ~nd tF+e vuavs +nd sund?y sums of money p~yab~e by virtue of isid prom~ssory note, u+d thit ~,otiyape. e~ch and wsry, p.anp~ly on rl,e days respect~vety tM sun~ sev~nlly becarK due. - 2. 7o p~~ dl and ~uqvl~. th~ t~,ces, aasessments. Iwiss. Ii~b7lities, obliynioru snd encumb~ances of ev~ry natwe +nd kind now on sa~d d~scrib~d u v~ope.tY. a that hereafier may be impowd: wfferd, pixed. levied, a•wets~d thereon. w that here~fttr may be lev.ed a~ssssed upon this Mort9- aQe, w the incMbt~dnsss secw~ hereby, each and wMr. when dut ~nd pay~ble. ~tco~dinp to taw, befor~ they becon+~ dslinqutnr. ~nd b~(o~~ ~ny iMtrest e•rKhes p~I1)I plM~ty is incwred; AND INSOFAR AS ANY THEREOF IS OF RKORO iHE SAME SHAII sE PROMPiIY SATISFtEO A~1D DIS~HARGED OF ~f:ORO ANp TME ORIGt/:Al OFFICiAI DOCUMENT iSUCH A5, FOR IN5IANCE, THE TAX RECEIPT OR THE SAiI$FACiION PAPFR OFFlCIAtIY ENDORSED " G~ CERTIFlED) SHAiI pE PIACED IN TNE HANDS OF SA~D INflRTGAGEE WITHIN TEN DAYS NfXT AFiER PAYMENT; and in tht evenl that ~ny thereo} i~ no1 _ :.e.d, s~! alied ~nd d~xApyed sa d N10RTGAGEE rruy ~t •ny t~mt p~Y the s~me a•ny part thereof w~thovt w~~wng or dfecnrq any opt~on. lien, puity M ' •~qn+ ~nde+ o~ by v~.~~e of th~s ~*w~rgaye snd the (vII ~movnt o4 eacl~ and every wch paymenf sh~q be ~mmed~a~ely due snd payable •nd •hall be~r i~tero~t +•om rhe d~}e thcreof vnrd Fa~d ~t rate of ~~~e pe~ ce~~~m pe~ •nnum •nd toyether w~th i~ch ~me~est shall kx secu~ed by the i~en of th s mpqtpe. z~ ~T ~ ~R~ 190 1563 ~ ~ . _ ~ . _ _ _ - . a.~vw