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TN15 INDENIUAE, Mads the 7th day of S'~p~~r , A.D. 19 between
GeorRe Peckham and Erika Peckham, his Wife
of St• ~1Ci@ Counry Ficrida, hereinafta designated as the "MORTGAGOR:' and FIRST fEDERAt SAVINGS AND IOAN
ASSOCtAT10N OF fORi PIERCE, ~ corpaation oryanized ard exiitirg under !he laws oi the United S~ataf of America and havirp its principal place of
busineu in the City of fort Pierce, St. lucie County, Flaida, hereinafter desp~+ted as ths "MORtGAGEE:'
WHEREAS fhe MORTGAGOR is justly indebted to the MORTGAGEE in the sum of s 32~~~•~ , good and tawfut money of the Un~ted
States advanced by the MORTvACzEE unto the MORiGAGOR, as evidrrrcrced by a ccrtain promissory note of even date herewith, oi which the following in
:wd32'~•~ a true copY, towit: ~,~1 Q'Q~
U U
Fort Pierce. flwida, ~ptember 7 19 72 -
Fw value rece~ved, 1, we or eiiher of us, prom;u to pay, without defalcation, to the order of FIRST FEDERAt SAYINGS AND IOAN ASSOCIATIOrI OF
FORT PIERCE at Fort Pierce, Florida, the sum of s 32~~~•~ with interest from date at the ~ate of ~o per annum, in monthly ins~all-
ments as foilows: S 2~2 on the ~ st day of November ,~9~ and e like sum on the correspond~ng day of each month therr
after un~il Ihe whole be fully paid.
Each installme~t first shall be applied in payment of the interest and then on the unpaid balance of the princ~pal sum. If d auh is made i~ the
payment of any instailment when due, and such defautt coNinues 30 days, then at the option of the holder, and without any other notice, all the remaining
installmen?a shail be due and payable at once. Privilege is given to prepay this note in whole or in pa?t at any time without penalty. Neither fprebeannte,
no~ acceptance by the holder the~eof after any default in any payme~ts hereon, shall be deemed extension. A late payment charge of s ~ 0, ~all be
added to each installment remaining unpa~d 7 days after its due date, and a like sum shalt be addrd ro each such installment remaining unpaid 7 days after
eath succeeding payment date.
Each maker, surety and endorser hereof, jointly a~d severally, waives demand, presentment protest and no~ice of protest for nonpayment, and further
ag~ees to any extensio~ of t~me of payment, either brfore w after maturity, without notice to any of us; and to pay all cosis of co!lection, includin9 a
reasonable attorney's fee in the event of any default heieunder, and hereby severally waives all bene~it of homestead and exemption under the tonstitution
and laws of each Stare of the United States, as against this obligation w any e:tension w renewal hereof.
W~tness the hand and seal of each pa~ty. ~
s/ George Peckham ~Aq
(SEAI)
s Erika Peckham ~EA~)
t, ~`~?8 • ~ 1 State Reven~e ~l)
(ShrwpreawceN~d~ow-orielina/~neR)
NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of S 3~! and the pcrtormance of the
covenants and agreements hereina(ter expressed, and tor d~ve~s good and valuable co~siderations, by these presents, does grant, bargain, sell, rem~se,
release, convey and confirm unto the MOR7GAGEE, its successors and ass~gns, all that certain lor, piece w parcel of land, situafe, lying, snd being in the
County of St .~1C ~e and State of Flo~ids, desaibed a~ follows:
Comrnence at a point whe re the South line of Government Lot 1, Section 12, Tawnship 36
South, Range 40 East, intersects the West shore line of the Indian Riv+er: thence run
West along the South line of said Government Lot 1, t~00 feet to a point; thence run
Northerly parallel to the <<kst right~ of Kay line of South Indian River Drive a distance
of l~9.6 feet to the Point of Beginning; thence continue Northerly parallel to the West
right o£ kay line of
South Indian River Llrive a distance of 200 feet; thence run East
parallel ta the South line of said Government I,ot 1, a distance of 150 feet; thence run
Southerly parallel to South Indian River Ibrive 100 feet; thence run East to the West shore
line of the Indian Rive~; thence run So~utherly meandering the West shore line of the
Tndian River 10Q feet; thence run West parallel to the South line of said Govertur~ent
Lot 1, a distar~ce of 400 feet more o~less, to the Point of Beginning.
i
a
> a, STAT oa ~~ORf~3~ 3 ~ 4
o ~ DOCUME(11~ARY
OEPT.
OF
-R~~Ep~ - S YAM P_ tA X~ r~ ~;r~~.~G~-= T11 ~f14r OF 7~ik~S
`~+c ° ~ - ~ , ~1i ~I'1 ClJISS `C IRTAt, ..1LLE PE ?`'.~tliiAl PRGf'ERTYa
~:~w ° ~ R~. = SfV •i'It ~ 8. O D t ~jA~ TO CtWPiER 71-I::. f,~C~S i)F 197L ~fl ~
o ~ ~~~02 •.~~,f ~ 11' ROGER POITP,AS
~BX CIFi~ffR (70URT. ST. WCIf OO.i Fl11r
:
together with all and s~ngular the tenements, he~ediraments and app~rtances thereunto belonging w in ~nywise •ppertaining thereto, snd ~II re~ts, iuues,
proceeds and profits accruing and to acvue from said premises, all of which are inctvded in the above and fqegarg desuiption and haberdum.
TO HAVE AND TO HOlO the sbove described and g~anted prcmises unto the ~sid MORTCaAGEE, its successwt and sugns forever. And tM said
MORTGAGOR for ---~hA~---- heirs, ezecutors, administratws snd euigns, hereby covenants with the said MORTGAGEE, its tuccnsas and auiyra,
that t'h~_are tawfully seized of tFu said premises in fee simple; that the same are f?ae, clear and diuhargzd from sll liens ~nd entwn~
brances in Iaw or i~ equity, and that th@p will and their heirs sMll warranf snd defend the title to the same to 1M ssid
MORTGAGEE, its succeuors and assigns, forever sgainst the lawful claims and demands of atl perta~s;
PROVIDEO, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promisswy rate kerei~befwe described and sMll fruly, promptly
and fuUy pcrform, d~scharge, execure, complete, comply with and abide by each a~d every the stipulations, sgreements, conditrons s~+d covenants of said
prom~sswy note and of this Mortgsge, then this Nbrtgage snd the Estate herebr ueated shall ce+se a~d be null and void. '
IT IS EINDERSTOOD that the wwd "AAortgagoi' whether in the ~ingular w plural anywhere in this Mwtgsye, shatl be si~gular if one only snd
shall be plural jointly and severally if more than one, snd that the wo?d "their" ss used anywhere in this Mortgsge shsll be taken to mean "hi~;' "hen;'
or "its;' wherever the conteat so implies w admits. Also, that wherever there is a refercnce in the covensnts and sgreemenb herein contained to sny of
the parties herNo, the same shall be construed to mean st well as the heirs, tegsl representative~, sutcessors and auigns (either volumary by stl of the
partie~ or envofunfary by operation of the law) of the same and that the covena~ts herein contained shall bind snd the benefits and advantsges inure
to the respective heirs, legal reprexntatives, sutcessors and ass~gns of the parties hereto.
And said Mortgagors, fw themselves and their heirs, legal representatives, sutcessors and astigns, hereby joi~tly and feverally covensnt and ayree
to ~nd with the said MORTGAGFE, its successors and sssigns:
1. To pay all and singulsr tFK principal and interest and the various and sundry sumi of money payable by virtue of said promissory note, and this
mwtgsge, each and every, promptly on the days respectively the same severally becort~e due.
4. To p~y ell and singvlar the taxes, assessments, levies, liabilities, obtigations and encumbranca of every nature and kind now on ssid described
property, w that hereafter may be imposed, suffered, placed, levied, u ~ssessed thereon, a thst hereafter msy be levied or asussed upw~ ihis Mortg-
sge, or ?he indebtedneu secured hereby, each and every, when due and payable, accwdiny to Isw, befwe they become deli~q~eM, ~~d before ~ny interest
attaches or any penalty is incurred; ANO INSOFAR AS ANY THEREOF !5 OF RFCORD 7NE SAME SHAII 8E PROMPTIY SAi15F1ED AND DISCHARGEO OF
RECORD AND THE ORIGIIVAL OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, TME TAX RECEIPt OR THE SATISFACTION PAPER OFfICIAIIY ENDORSEO
OR CERTIFIED) SHALL BE PLACED IN THE HANOS OF SAID MORTGAGEE WITHIN TfN OAYS NEXT AFTER PAYMENi; and in the event that any tAereof is not
paid, sat"sfied and discharged sa'd MORTGAGEE may at any time pay the same a any part thereof without waiving or affecting any option, lien, equity o~
~~pht under or by virtue of th~s mortgage and the full amovnt of each and every tuch payment shall be immediatety due and payab{e and shall bear interest
( ~~om the date thereof until pa~d a+ rate of nine per centum per annum and togethe~wA/h s~interest shall be ucured by the lien of th:s morfllage.
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