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HomeMy WebLinkAbout2593 2~;4~90 ; , ti ~ , 1HI5 INDENTURE. Mad~ th~ Z~st day of FeDrua,ry A.D. 19 72 b~twcen _ Merryweather Investaent Co., Inc., a Floria Corporation of ~ ~ e Counry Flaida, MIfiM~fN dtsignated ia tM "MORTGAGOR;' and FIRST FE~ERAI SAVINGS ANO LOAN ~ ASSO~IATION OF FORT PIERCE, ~ cwpa~tan wy~ni:ed u+d ex~st~r~ unda tM Isrn of ~M Un~t~d St~~~s of Am~riu ~nd Mvinp in principal plxe of businsss in tM Ciy o! Fort Piac~, St. luci~ County, Fbrida, i»rtinait~r d~aipnat~d ~i ti» "MORTGAGEE:' t WNEREAS th~ MORTGAGOR is jvttly ind~bted to th~ MORTGAGEE in the sum of s 13.~ rN~~ , good and Iawful money of the Un~ted ~ S+atet adv~nced by tha MORTGAGEE unto the MORTGAGOR, as evidencrt! by ~ cena~n promissory ~ote of •ven date her~witF, of wh:th the foitowir+9 in } s 13, ~U .r00 i a nw copr, ro-W~e: y 3-17 i993 ~ ~o,t v~«., f~«~a., February 21 ~ 19 ~2 ~ - Fp valw received, 1, we or eithe~ of vs, prom:se to pay, without defslcaiion, to the order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF ~ . ~ORT PIERCE al Fwt Pierce, Fb.~d~, the sum of = 13 ~ 5~ •~Q with lnterest fran date ~t tF~s rate of ~•~96 pe? ~n~um, in monlhly ins~all- ~ rr,ents ai (otlows: s 1~9~~ on the iSt day of April ~ ~9 72 snd • liks sum on the cares ~ da of exh month the~r i~ ~q Y atter until the whole be (ully paid. Exh installmenl (int shall be appt;ed in payment of the i~terest ~nd then on the unpa~d balance of the princ~pal wm. If d sult is made in ths paymem of ~~y installment when dw, and such defautt continues 30 days, then ~t the oprion of the holder, and without •ny other notice, all the remaining ~~.arallmenti shail be due end payabls at a?ce. Privifege is g~ven to prepay this note in whok a in pa~l at ~ny time witFa~t ptnalty. Neither forebear~nte, nor atteptance by the halder thereof after any default in any paymenfi hereon, ahall be deemed extension. A Iste payment cMrge of f'S' ~5 thall be " added to each inalallment remaininy unpaid 7 days ~fte? ita due date, and a fike sum shall be added to each iuch installment remaini~g unpaid 7 days afte? eech suceeedin~ payment dafQ. Each maker, wrety and endoner hereof, jointly and severatly, wa~ve~ demand, piesentment protest and notice of protat fw na.payment, ~~d furthar agrees to ~ny extension of time of paymcnt, either before a after maturity, without not~ce to any of us; and to pay all costs of collection, includin~ a reanonable a!torney's fea in the event of any defauh hereunder, and hereby severalty waives all txnefit ot homestead and exemption under the cpntitufion ~ a~,d laws of each Stste of the Unitcd States, as aga~nst this obl~gaNo~ w a~y exfer.a~on a~e~y1~~AT~R INVBS?b8N? CO~ ~ ~C• t~S[t Wit~css the hand and seal of exh party. BY: S/ Joseph Peoni, President ~u ~?u ATT6ST: S Blanche Peoni, Secretary '7` ~ 20~25 Stata Rewnw = tlfi~iAfiel Y~~ - NOW, THEREFORE, the MORTGAGOR fw the pu.pox of secur;ny p~yment of ss~d sum of i 23 s~~ . and th~ perforrrwnce of tl+~ _ covenants and apraements he~einafter expressed, and for dive~s yood ind valu~bl~ cons~der~tions, by tMse preaents, do~s yrant, buyaio, tell, rem~u, • re:ease, convey ~nd confirm unro tht MORTGAGEE, ita successors and ~uiyni, +tl that ceruin bL piec~ w pute) of land, tituat~, lyinp, ~nd beirg in 1M County of St . Luc ie and Sfate of Flo?ida, d~scrib~d ~s follows: ` 2he South 12.5 teet of Lot 7, all of Lot 8, and the North 25 f~eet of L,ot 9, Block 1, of I?~RRIl~BpTHER PARK SLBDIVISION, as per plat thereof _on f ile in Plat Book 6, page 16, Public Records of St. Lucie County, Florida, F I ~'~"AT~ aF FLORIUA v F~'.. DOCUMFSfTA~" S~AMP TAX ~ = _ , - r-' ~ = FE823'72 - = 2025= v D[ii.Of t[~[Ci1[ = P.B. wo~ ---------r= RfCEtYED tN P~1IME:`T OF TAXES D:~E QN CtASS 'C ltii 4':!=.IR! E?E'."• ;'.;l'_ ?~fO~E~iIY, rURSt1ANT TO CF{A?iER 71-13i, AC~~ OF 1571. RGt,Eat POllicti, Gark C:rwft Cuurt. St- luue Co. Fla. t ~ ;ogether wirh aN and s+ngular ths tenemenri. Asrediumenb ~rv! app~rrta~ces thereumo belonginp or in snywis~ spp~rtaininp tMr~to, and all rMts, issws, p~oceeds ~nd profits atvuing and to acuw from ~aid p?emises, all of which us incl~d~d in 1M ~bov~ a~d fapoiny dtscription ~nd Mbendwn. TO HAVE AND TO HOLD ~M abov~ dewibed ~nd yranted premiits unto th~ said N1pR7GAGEE, iri succeswn and auipm Tortver. Md th~ said ~ MORTGAGOR fw it5 - hein, ~xec~tors, administr~tws ~nd aisignt, hereby covenanri with t!w s~id MORTGAGfE, iti wctessws and ~ssip% ~hat --lt_1S lawfully te~zed of the uid premises in f~e simplf: that Nw urn~ ~r~ frK, ct~a~ and dixharyed fran ~II liera ~nd ~ncwrr brances in lew w in equity, and Ihat it will ~nd it8 hsirs ~hall wur~nt ~nd defsnd thi titl~ to fh~ s~m~ ro tM said MORTGAGEE, ib tvccessws snd auiyns, iwever apainst th~ lawful claims and d~ma~ of ~II perwns; PROVIDED, AlWAYS that if the MORTGAGOR ihall pay unfo tM MORTG/?GEE Nw promisswy rata her~inbefw~ cbstribed ~nd sh~ll nuly, promptly and fu1!y p~rfwm, diuAarye, executt, complet~, compty witi+ and ~bide by e~ch and ev~ry the itipulatioru, spre~m~nb, ca~ditiau snd cw~nan» oi said promiswry not~ +nd of this Mwtyaye, 1}?en this Mortyap~ and the Eitate her~by cr~ated shall uas~ +nd b~ iwll and void. IT (S UNDERSTOOp that tl+e word "Mw~9s~w" wMthe. in the stngular w plwa) ~nywFwe in this Mortys9e, shall b~ sinyul~r if a+~ only ~nd shall be plural jointly and s~verally if mor~ tMn on~. ~nd tf+at the wwd "eF?~'u" ~s wed anywhen in thb Mortpayt ~ha!! b~ taken to m~an "his,,• •'h~rs,•• o+ "its,.• wFK+erer tFw cont~al so implies or admits. Also, tMt wherever ther~ is a r~f~renc~ in rFw cov~naon and ayreemenn F~.~ein comair»d ro,ny oi rh~ partiet hsreto, tM sam~ thall b~ construed to me~n p welt ss tM Min, I~y~l r~pr~se~tatives, succ~ssors ~nd assiyro (~ither voiunfary by ~d of ~h~ parties w involumary by op~ratan of the bw) of the iame a~d that the covenann h~rsin cont~ined shall bind and tht b~n~fib and tdvtntspts iewr~ eo ~h~ r~sp~ctive heirs. I~ya) repressnt~tives. successors and ~ss~yra of the p~tie~ he~eto. Md said Mortypon, for tMmselve~ ~nd tF+?ir Min, leyal rep~esenutives, svcuwa~ and sssi~ra. Fxr~by joinNy and s~v~rally cov~nant and apnt ro and w~~h the uid MORTGAGEE, in svccesswi u~d usipns: ~ 1. To pay ail ~nd sirgvlu t!w principa! and interen and IFw var;o~s ~nd wr~dry swm of moneY p~Y~bl~ by virtw of said promiswry noe~, and thn mwtyye. ~ach and ~wry, promptly on tM days r~spec~iv~ty the sart» wverally b~cwm dw. 2. To pay •II ~nd ~inqular th~ taz~s. ~uessmtntt, levies, liabilitiss. obliyatioen ~nd encwnbn+a~t of ~v~ry ~?atvr~ ~nd kind eow an ~a;d d~scribod propeny, or tMt l,ereaft~r may b~ ;mpos~d. ~uNered, pbced, bvid, or s~twd thsna~, a tl?it her~aft~r may b~ Iw;~d a p~sased upp~ tNs Mort~ ~y~, a th~ l~debtedn~a a~cur~d hereby, ~xh and ~wry, when dw and p~yable, aaadinp b law, b~fon tMy Mca+K d~linqwnt, and b~fon Nryr k~tK~st at:aches or a~y penalty is inturred; AND INSOFAR AS ANY iHEREOF IS OF RKORD TME SAMf SHAtI dE PftOMPTIY SItTfSF1ED AND DISCHARGF~ OF RfGORD I1N~ THF ORIG1NAi OFFICIAL OOCUMENT (SUCH AS, FOR INSTANCE, THE iAl( RKEIPT OR THE SATISFACTION PAPER OFFICIAILY ENpORSEO OR CERTIFIED) SHAII SE PtACED IN TME HANDS Of SAID MORTGAGEE WITHIN 1EN DAYS NEXT AFTER PAYMENT; and ie~ tl+~ ~VMt 1FMt a11Y tlNfMf is nw paid, saYSfied and discharged sa:d MORTGAGEE m~y at a~y r~me pay rh~ same w any p~rt thereof w;tho~r? wsiriny w ~ffedinp ~rryr option, lien, puity a •~qht unde~ or by virtue of this rt+orty~ye •nd the fuN amount of each s~d every avch payment ~haSl be immediat~ly dw ~nd p~yabk snd shall btar intN~st ~.om tAe date thereof until paid ar r~re of n~ne per «nwm per •nnum ~r+d toq~~he. w~rFa~h Md ~~y the tien of ~h:t mor9tpt. _ B~C~~'~~ f.:i,c