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Home My WebLink About0767 233335 ; THIS INDENTURE, Mad~ 12th d~y of July ~.o. ~9?? ben~e.o ~ Merryweather Investment Co., Inc., a Florida Corporation - 9 of SL . LLIC l~ C~~~y Fiwida, hereinaite~ designated ss ths "MORTGAGOR," snd FIRST FEOERAL SAVINGS ANO IOAN ASSpC1ATION Of FORT PIERCE, a corpwation wy+nized +nd existinp unda the laws o~ the United St~t~s of Amerit~ and Mvinp iri printip~l pl~t~ of busin~ss in tM City of Fort PiKC~, St. lucis Cou~ty, ilorid+, hertinaiter desiynated ~s IFa "MORTGAGEE:' WHEREAS tM MORTGAGOR is justly indebted ro the MORTGAGEE in the sum of = 15 ~ • O0 good and lawful money of the United States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by ~ certain promissory note of even date herewith, of which the iollowinp in words and figures is a trve copy, to-wit: ~ 15,000. 00 r,~, 3-18, 564 'i~ ~ Fort Pieres. Flwida, JulY 12 ~ 19 72 L Fw~vatue received, 1, we or eitFxr of us, prom~se to pay, without defalcation, to the order of FIRST FEOERAI SAVINGS ANp IOAN ASSOCIATION OF v FORT PIERGE at Forf Pierce. Florida, the sum of j 1 5~~~~• ~ - w;th i~terest irom date at the rate of 5 96 pe~ annum, in monthly install- ~ menb ss follows: s 121 . ~0 on thelSt ~y of November ~~q 72 s like sum on the cwrespo~+dirg day of each month there- ~ after until the whole be fully paid. _~1 Eath installment first shall be applied in payment of the iote~est and then on ths unpa~d balence of the p?incipal sum. If d ault is msde in ths ~ payment of any instaltment when due, and such defauh continues 30 days, then st the optiN of the holde~, and without any othe~ notics, all ths rem~inirg ~ns~allmcnts shall be due and payable at once. Privilege is given to prepay tfiis nofe in whole w in p~r1 st any time without penalty. Neilher fwebtsrance, nor acceptance by the holder thereof after any default in any payme~ts hereon, shsll be deemed extension. A late payment cMrge of ~ 6• 0S shd~ be Y added to each imtallment remaining unpaed 7 days after ib due dats, and a like sum shall be added to cach such installment remaining u~paid 7 days ~her ` each succeeding paymem date. ~ Each maker, surety a~d endorser hereof, jointly and severally, warves dema~d, presentment protest and notice of prolest fo? nonpayment, and further agrees to any extens'wn of time of payment, cither befwe a after maturity, without notKe fo any of us; and to pay all costs of colledion, includiny a reasonable anwrrey i fce in the event of any deFault hereunde?, and hereby severally waives all benefit of homestead and exemption unde~ the constitulion . a~d laws of each State of ~he United States, as against this obligation or a~y extension or ?enewat hereof. a"' w~tness the hand and ual of each Party. MERRYWEATI~R INVESTI?~NT CO. ~ INC. `"7 ~ BY: S/ Joseph Peoni, Pzesident ~~U cs~?u t Corporate Seal Aff ixed 1'°f ~ a ~ ~ t pTTEST : s~ Blanche Peoni ~ Secretary_ ~ • ~ ~ ( $22. 50 ) State Revenue p~~npssaiwf~i~lFaugnwF~3) NOW, THEREFORE, ~he MORTGAGOR for the pur~wse of securi~y p~yme~+t of ssid sum of = 15 ~ OOO' ~ u+d the paformance of th~ covenants and agreeme~ti hereinafter expresscd, and for diven yood and valwbte consideraYwns, by thete presents, does yran4 b+?p+i~, se~~. ramitt. release, convey ~nd confirm unto the MORTGAGEE, iri successon and suigns, all that cettain bf, piece ot pucel of bnd, sitvate, lyin~, and bein~ in f~ County of SL . Lt1Cle ~nd State of Flwida, described as fdbws: Lot 24 and the N'est 37.2 feet of Lot 23, Block,2, I~RRIWEATHER PARK SUBDIVISION, as per plat thereof on file in Plat Book 6, page 16, of the Public Records of St. Lucie County, Rlorida, ~ S'~1A7E ~F HLORIL~A ~ ~ ~ DQCUMENTA~" STAy1P TAX! _ - n - ~ Z _ _ d ~ -1 ~ = JUli4'72 ° _ ~ ° = - `=2250= ° _ a~T.9F EEIfEM P.B. ~90~ _ ~ - _ ~ ~ ° t1~11~peR Oi UIID ou~ o~ d~ss-s ~ r~~s~o~a~allR t~a~wtr to ~r~ nax ~as a~ sa~.~,~ ~ ~ aA~ q~a~rr cou~r. a t~a~ o~, ~ togethe~ with all and singular the tenements, hereditaments snd sppunances thereu~to belaging a in aoywite appertaini~g thereto, and all renn, iss~es, proceeds ~nd profits scuuiog and to sccrue from said premises, all of wFiich a~e incluckd in the above and forsyoirg description ~nd h~bend~m. TO HAVE AN~ TQtFiOtD the above described and gr+nted premises unto the iaid MORTGAGEf, its stncessors +rd +uipns foreva. Md t!w s+id MORTGAGOR for - heirs, executors; sdministrston and sssigns, hereby tovenaon with the said MORTGAGEE, its waeuws and assipnt, +hat 1 t 15 lawfully uized of tF~e said premises in fe~ simple; that tl+e s~rrw ue free, clear ~nd d"~sclNrQcd fran ~II 1'~era ~nd encue~ brarxes in I~w a in equity, and that lt will and lt S hein shall warrant and defend the titb to th~ sam~ to th~ s~id MORTGAGEE, its s~ccesso?s and assigns, fwever against the lawful claims and demands of all ptrsoro; ~ PROVI~ED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the ~omisw~ry note hereinbefor~ described and shsl) truly, promptly ' and fully perfotm, diuMrge, exec~te, compkte, comply with and abide by esth and every the stipubtiom, syreements, tonditions ~~d covenanb of said ~ promwiwy rate and of this Mongage, thcn this Mortgsge snd the btate hereby aeated shall cease and be nufl and void. . s ~ IT IS UNDERSTOOD that tF~e word "Mortgsga" whether in tF~e singular or plwal anywhas in this Mortyaye, shall b~ sirgula if on~ oniy ~nd shsll be pl~~al jointly ~nd ~everally if more tFwn one. +nd thst the wad "their" ~s used ~nywhere in this Mortqspe sh~ll be tsken to mtan "his;• •'h~n•• or "ita;' wherever the context so implies or sdmits. Also, tMt wherever there is ~ reference in the covensnn ~nd ~yreemenri herein oontain~d to ~ny of ~ rhe p~rtie~ hercto, the ~ame shall be constrved to mean as well as the hein, le9+l representatives, wccessas ~nd asig~n (either volw?tary by act of th~ ~ parties or imolumary by operstion of the Isw) of the s~me snd tkat the coven~nts here~n contained sF?~II bind and the benefib ~nd advant~es inur~ ~ to the respective hein, legal represematives, succeuas and au°9ns of the parY~es hereto. ~ ~ Md ssid Mort9sgon, for themulves and their i?ein, leyal represenNtives, iuccessors u+d aui~ns, hereby joimly and s~verally covsMnt and ayr~e ~ ro and with the ssid MORTGAGEE, its succeuors and ~ssiyns: ~ 1. To pay ~II and iirgular the principal +nd interest and the variovt ~nd sundry swns of money payable by vinue of s~id promisswy not~, aod this mortyaye, each snd every, promptly on the days rapettively the ssme sw~rally becortw tl~e. 2. To pay all and sir+gvlar the qxes, sasessmenn, levies, liabilitiea, obliystiom ~nd encumbrances of every natwe snd ki~d ~ow on said describd ~ ~ property, a that here~ffer msy be imposed, suffered, pl~ced, bv~ed, w auessed thereon, or th~t heresfte~ may be levied a asses~d vpon thb Mwt¢ age, or th~ indebtedneu securcd hereby, each and every, when due ~nd payabk, sccwdi~g to Isw, before they bccomt delinquent, ~nd befort any fnt~rest atraches a any penalty is incurred; AND INSOfAR AS ANY THEREOf IS Of RKORO TNE SAME SHAIL BE PROAMTLY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGINAI OFFICIAL DOCUMENT (SUCM AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PMER OFFICIALtY ENDORSED OR CERTIFIE~) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; snd in the event thst any thereof is nW paid, sat'sfied and diuharged sa:d MORTGAGEE may st any time pay the same w sny part thereof without wsiving a affectinp sny opfion, Iien, eqvity o? •~pht under w by virt~e of this mortgage and the full amount of each and every suth payment shall be immediately dve and payabk +nd sha~l best interest ~.om tFx date tlxreof until paid at rate of nine per centum pcr annum and to9ether wit s !~'j sl»II be s the iien of th:s morptape. 800~lc ~.V PA6E ~1 V r „ - - - ~~~~~~s~~~~,.~_~~ _ _ v~-~' .