HomeMy WebLinkAbout1017 263Q45 ~
TNIS INDENTURE, Mad~ th~ ~ 2Oth day of Au(~l15t q p ~q 73 ~e~v„~s~
Darrell L. Peters and Sandra B. Peters= his wife
of St • Lucie Cp~nty Flaida, Mr~inaftu d*signsted ~i fM "MORTGAGOR;' a~d FIRST f~DERAI ~AyINGS AND IOAN
ASSOCIATION OF fORT PIfRCE, ~ corporation w9anized and axi:tiny under tM laws of tM United Staj~a of ~4r~erit~ ~nd Mvlnp iri principal pl~ce of
bu~i~xu fn ~Iw City of fort Pi~rc~, St. lvcie Cour+ty,, florida, 1?~ninahfr d~siynated aa th~ "MORTGAGFE"
WHEREAS tM MORiGAGOR is justly ind~bted b fhe MORTGAGEE in the s~m of ~4 ~ 0~• ~ 9ood and I~wful money oi the Unitcd
States advanced by ths MORTGAGEE unto the MORTGAGOR, as evidenced by a ceriain promiuuy note of even date herewith, of which the followinp in
wwdi and fiyurss is + trw copy, to-wiC
~ 24, 000.00 . ~ 10020344
~ ron P~~u. Fia~d,. August 20 19 ~3
for value received, 1, wr or either of us, promiss to pay, withoul defalcat~o~, to the order of FIRST FEDERAL SAVINGS ANO lt)AN ASSU(,ii~ifUN ut
FORT PIERCE at Fort Pierce, Fbrida, the sum of =_24 f 000• w;th ;nterest from date at the rate of 8~ 7~ per ~nnum, i~ mo~thly insta~l-
~ 198 00 20th Janu~r
ments as foNows: _ • on the day of y , 19 73 snd a like sum on the cwroiponding day of each month therr
after until the whole be fully paid.
Each insallme~t fint shall ba applitd in payment of ehe interesl and then on the unpaid balance of the prioc~pal sum. If defaull is msde in the
paymcnt of any i~srallment when due, and such defauh continves 30 dayi, then at the option of the holder, and without any other notice, all the remaini~
y ~nstallmerus shall be due and payable at once. Privilege is qiven to prepsy tFis noie in whole or in part st e~y fime withovf penalty, Neithn fwebearancs,
~ nor acce tsnce b the hotder thereof after an deiault in an •
P Y Y Y PaYments hereon, shall be deemed extension. A late payment ch~rge of ; 9 90 s~ll be
` added to eath initallment ~emaining ~npaid 7 days aflty its dw dat~, and ~ like wm shall be added to each such installmem remsining unpaid 7 dsys after
~ each succeeding payment data
~ Each maker, surey and endorur hereof, jointly and aever~lly, waives demand, preienrment protest and notice of paorest fw rwnpayment, and funher
agrees to any exlens'wn of time of payment, either beiore or after maturity, without notite to sny of us; and to pay all costs of collection, incf~ding a
\ reasoneble attorney i fee in the event of any detault hereunder, ~nd hereby seve~ally wsives all be~efit of homestesd and exemption under ths constitufion
and laws of each State of the United S~are~, as against thia obligation w any extension or renewal hereof.
\ Witness the hand and seal of eath party. Q~,~~~~'i:~~' J1
w ~ - - (SE~U
_ s/Darrel2 Peters ~u
l ' ~ ,c~ c~t..1~...._~. ~ cs~uf
s/ andra fi.•Peters ~
~ ~ $ 36 ~ 00 ~ Stara Revenue
(St~i~M1AMl~lII~I~IIEIl1~ ,
~ NOW, THEREFORE, the MORTGAGOR fa the purpose of secvring paymcnt of said sum of ~A ~ ,~nd tfie performance of tM
coren~r~fs-and-+p?eew~a-~wr~+nsit~c--~npceued,.-and_tot_diver: Qood and v_+lusbk <onsidesations, by these presents, does gr~nt, baryain, iell, remix,
release, tonv~y ~nd tonfirm unto the MORTGAGEE, iri svcceuors snd ~uigns, ell that certain f, p~ece or parte o a, i u , lytn~-and-be#ng--frt-~he-
County of St• L11C~@ and 51ats of FI«ida, dewibed as follows:
Lot 4, Block 133, PORT ST. [.UCIE SDC?IO*I 27~ according to the Plat thereof re-
corded in Plat Book 14 at Page 5 of the Public Records of St. Lucie County,
Fiorida, ~
~
s S ATE oF ~~oAr~a +
oy y QOCUAAFNiARY.~-~SIAMP- -FA ~ ~
DEPi.
OF~REYENIlE • i I
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. . p~(jArli t0 CFlAP~ER 71•134. AGiS G~
Rpr,fA POf7RA~
~ apqtn oouar. ~r. wc~ oa w~
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~ rogether with all and sirgvlar the tenements, he~editaments and appurtancq therevnto bela~ging p in anywise ~ppeAaininp thereto, and ~II renb, istues,
E p~xeeds and profits scvuing and ~o accrue from said premises, all of which are included in the ~bove aod foregoinp description u+d Mbe~dum.
; TO HAVE AN TO ?iOlp tF~e above described snd ynnted premises unto the said MORTGAGEE, ib svccessors and suiyru fwever. Md t!w s~id
~heir
I MORT ~jGOR fw heirs, executon, ~dministratws •nd auigns, F~ereby covenann with the said MORTGAGEE, i» stKCeston and ~siip%
rhat ~-"ey aYe lawfull xi:ed of the said
Y premises in fee s~mplr, tl~st the same ~r~ frse, dear and disci?s~ged from all liero u~d encwn-
brarxes in taw or in equity, snd tl~at they wi8 ~nd their heFrs sl~sll wa?rant ~nd defend tht title to the sarrM to tht said
NtORTGAGfE, its svccesson end assigns, forever againat the tawful daims end dtrt!ands of all pena»;
PROVIDED, AlWAYS that if the MORTGAGOR shall psy uMO the 1NOR1GACsEE the promissory note hereinbefore destribed s.+d th+ll truly, promptly
's and fully perform, d~uhs?ge, execute, compkte. comply wi~h and sb~de by each and erery the stipvlat'eons, agreemenb, conditions and cove+?~nri of said
promissory note and of this Mwtgage, t}ien this Mortgsge and 11?e Ettate hereby cre~ted shall tease and be null and wid.
~ IT IS UNDERSTOOD that the word "Mortgayor" whether in the singuLr or plural anywhere in this Morty~e, shsll be sinpvler if one only and
~ shall bs plur~l joiMly and severally if more tMn one, and that the wwd "Iheir" ~s used ~nywher~ in th~s Mortgaye shall !x taken to mean "his:• „hen••
or "its;' wherever the context so implies w admits. Also, that wherever there is s referen~e in tM covenanri snd ayreemenri herein contained to any of
the parties hereto, the ssme shall be conttrued to mesn aa well ~s the hein, leyal representatives, successws and usi9ns (eitlxr voluntary by act oi tM
parties or invduntaryr by operation of tF~e law? of the iame si+d tbaf 1he covenann herein contiined shall bind •nd ~F~e benefin s~d sdvamsyes inun
ro the reipective F.eui, 1e9s1 representstives, successors and ~u~pns of the p~rties hereto.
And ssid Mwtgagors, for themselves and their heirs, Icgsl represeM~tives, succeswn and aui~nt, hereby jointly a~d tevenlly covenant and apree
to ~~d with the aid MORTGAGEE, its successors and euigns:
1. io pay ~Il and sirgvlar rhe princip+l and inte~est and fhe various snd sundry sums of mo~ey payeble by vinue of s~id promiswry note, and this
' rtw?t9sge, e+ch ~nd every, promptly on the days respective~y the s~me severally betorn~ due.
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2. To pay ~II and singular the taxes, asaessme~», kvies, Iiabilities, oblig~tions snd encumbr+nces of every natwe and kind now on said described
P~~~h, p fhat hereaher msy be imposed, suffered. Ptaced. levied, or ~atesred tircrcon, a tMt hereafter rruy be levied ot asse~sed upon this Morf9-
: sge, w tM indebtedneu secured hereby, esch ~nd ~very, when due and p~yable, accwdinp to (aw, befae they become delinquent, a~d befon ~ny i~t~rest
o attaches w any penslty is inturred; AND INSOFAR AS ANY THEREOf IS OF RKORO THE SAME SHALL BE PROIYIPTLY SATISFIED AND DISCHARGED OF
' RECORD AND THE ORIGIf3Al OFPICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR TNE SATISFACTION PAPER OfFICIAIIY ENDORSED
OR CERTIFIED) SMAII BE PL/1CED IN THE HANDS OF SAID AAORTGAGEE WITHIN ?EN DAYS NEXT AFTER PAYMENT; and i~ the event tMt any thereof is not
paid, ~at'sfied and diuharged sa;d MORTGAGEE may at any time pay the same or any part thersof without waivirg or affecting any option, lien, equily or
•~qht unde~ o~ by virtue of this mortgsge and the full amo~~t of each and every s~ch p~yment sMll be immediately dve and payabk s~d shall bear i~terdt
~~om the date thereof until paid ~t r~te of n7ne per centum per ann~m and toyether w~th s~xb iqter t N be serured by the lien of th:s morgtape.
BQOK PACE~,Q . ~
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