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HomeMy WebLinkAbout0644- - ~o ~ 2 35 THIS INDENTURE. _ Mad. the___ __ 10th - ~ ~ _ _-_~a_lluBY'Y-_~__ _.____~ A. D. 19.61 , batvwen ' /nmarr ~3ELEI~L M~_ t-IARi .F Y,__vn~nuri~d,__~nsi .EBAI3CES_H~_~:LQII.GH..v~ _ St. _Lucie_ - --_--•-- Fbrids, hanktaftar daslgnated as the "MORTGAGOR." and FIRST FEDERAL SAVINGS AMD of _ - I uncle file lours of cite Utnrltad States of Amelia LOAN ASSOCIATION OF INDIAN R COUNTY, a oorpotaMon orirt:.d and sndstirtg and having its principal place of busirwss M file Gty of Vero Basch, Indian River Cotx+b. F~~. herelrtafter designated as tM "MORTG,/iGEE" Three h u rpP t-ttndred yi/Ff tM MORTGAGOR is just Y t~ fir MORTGAGEE In tM sum of__--- ~~-- Q--~~~h _ - -r ---.= -,: ~- - K ~S~~.ll-__-~ Dolbrs. good and lawful money of the Unlt.d States advano.d by cite -and AQ MORTGAGEE unto file MORTCAGOit, as evldertoed by a prtaM prontlssory mote of etren doh heret~iih, of which file folbwtry M swords and figures is a tnae copy. to-wit: s 3, 300. 00 ~ --~~~' - Vero Beech. Fbrids. -_-_--January_-LQj ___-- -•---_----- - __--- 19-~? 1 _ For valve received I or vw jointly or aewrolly orornise ro oav to FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF INDIAN RIVER Cn!th!TY, t~ _~• of s 3~ 300. 00 _-___----~ _--• at iri office to Veto Beech. Fbrida, with Interest at the rate of.-y-. ---_--_ -- ~, r~s p..: sn+xnn; In the following marvtar: = 33. 00 uppt the Hrst of each and every month hereafter until tits full principal sum, with interest, has bowl paid; aato monthly payments stall be applied first ro the DasT»ettt of !nlernt .... rtr•! tt~+ald hala-tee, artd than ro fire payment of principal. n;; ~-_ fs ..-y~.tiab4 anA if Asfsult to oayrrwtt oocws. may ba Dieted 'ut tM hands of an aHwnsy at taw for colbctlort. in whkh event 1 or we agree ro pay tM ooeri of collection, Including • reasonable attorney's fee, and each of us, wMtner maker. gwranivr or :, rii„rtio,, haraE+y awvrrally waives demand. notiu of rtat-pvrttMtt and protest of this noN. - s[--Helen M._.~Iarle-~._~~----.--------------cSeaD _s/_Frances H.__C~lo-gh __y _ (yeq In ttte event any payment is not made prior ro file 20th day of the month when dw, than this note shall bear Interest at the rate of 8.196 from the date any such payment became due and throughout the period of such delMtQuertcy. State stamps paid and cancelled on original of this note in the amaartt of j _3. 30 -- _ -- NOW, THEREFORE, the MORTGAGOR for the purpose of securing the payment of tM said sum of S -~~-~Q~._Q~- ---- and the performance of ttte covertanri and agreentenri Ftereinafter expresead, and for divers good end valuable consideratbro, by these Presents, does grant, bargain, sell, remise, release, convey and confirm unto tM MORTGAGEE its woceuors and assigns, all that certain lot, piece or parcel of land, situate, lying end being in fire County of --.- - .$x. 1..Llt.~.ie_- -. -. -- _ - -- and State of Florida, desulbed as folbws: Lot 16, except the South 25 feet thereof, acc:c~rdirig to Plat :,f Sa,d';tr bYheeler's Subdivision, which said plat was filed January 9, ly 15, and recorded in Yiat liooic 3, page 35, public records of St. Lucie County, Florida. r.;Lrrrcv S - -- - rl ass ''~" ?ntah>~~~';: Pc ~ ~ '' • ~. _~ ~~' ilxlrst,ant to X0124, lrws 'Oi F'j:.~d. `fib i•1 t`J~l. -- s l Ln ~ Chapter _. gates due ant m together with all and ttingula- the tenerrtenri, hereditamenri end appurtenances thereunto belonging or in anywise appertaining thereto, and all rents, issues, Proceeds and profiri accruing and ro accrue from said premises, all of which aro included in the above end foregoing de- scription end habertdum. TO HAVE AND TO HOLD the above described and granted promises unro the said MORTGAGEE, iri successors and assigro forover. And the said MORTGAGOR for.their__~iR• executors, administrators end assigns, hereby covenanri with the said MORTGAGEE, Iri succes- sor and assigns, that -. ----~h~~l-_s"IkSC-__. -_- ____lawfully siezed of the said premises in fee simple; that the same are free, clear and dis- _Lhe w)II ,red their heirs shall warrant and charged from all liens and ertraimbrances in law or in equity, and that - y -- - defend the title to the same ro the said MORTGAGEE, iri successors and assigns, forever against the lawful claims and demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unro the MORTGAGEE the promissory note hereinbefore described. and shall truly, promptly and fully perform, discharge, execute, oontplete, comply with and abide by each and every the stipulations, agreements, conditions and covenants of said promissory note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease end be null and void. IT IS UtIDERSTOOD that the word "Mortgagor" whether in the singular or plural snywhero in this Mortgage, dull be singular if one only and shall be plural jointly and severally if more than one, and that the word 'Their" as used anywhere in this Mortgage shall be taken to mean "his," "her," or "its," wherever the context so implies or admits. Also, that wherever them is a reference in the covenants and a¢reements herein contained to any of the parties hereto, the same shall be conztnred to mean as well as the heirs, legal represer+tatives, wt- rrtiwr~ ar,J ei~rt..a ~ ~. -. ::~.-~ :.~ '~_ ~' •!•~ -erf;ne ._- ,n _nietn!!rY by VlJtrlTOn Of file IoW) Of the SarTle artd chit itte covertartri Itefein • . -' .! e,+1sT+.-:.. e, Vf'tSnR J,rtri >•ailtro vi ii,e contained shall bind and ,the benefits and advantages inure ro me respea.ri.io )~• '~=:+• •=r'==-`-"•"`•• - - parties hereto. And s:~i.i Mortgagors, for themse:ves and chair heirs, legal representatives, successors and assigns, hereby jointly and severally covenant and agrc~ fo and with the s;id MORTGAGEE, its sueeessxs anj ~ssi3ns: of ~t~, payable by virture of said promissory 1: •lo pay all and singular the prim;pa- and interest and t'~e various and stxtdry wens note, and this mort~. se, each and ever~~ promptly on the days respectively the same severally becmte due. 2. To pay all and singular the taxes, assessmenri, levies, Ilabllities, obllgatiora and irtcurnbrances of every roture and kind now on said described property, or that hereafter may bs unposed, wffered, Placed, levied, a assessed thereon or that hereafter may be levied or assessed upon this Mortgage, or the indebtedness secured hereby, each and every, when due end payable according ro law, before they be- come delinquent, and before any interest attaches or any penalty is incurred; and insofar as any thereof is of record the same shall be promptly satisfied and discharged of record and the oAginsl official document (wch as, for instance, the tax receipt a the satisfaction paper officially en::orsed or certified) shall be placed in the hands of Said MORTGAGEE within ten days next after payment; and in the event that any thereof rs not paid, satisfied and discharged. said MORTGAGEE may at any time pay the same or any Part thereof without waiving or affecting any option, lien, equity, or right under or by virtue of this Mortgage, end the full amount of each and every such payment shall ba immediately cue and payable and shall bear rnteres! from the date thereof until paid at the rate of six and six-tenths pe- contain per annum and together with such interest shall be secured by the lien of this mortgage. 3. 7o place and continuously keep en the buildings now or hereafter situated on said land and on all equipment and personalty cov ered by this m~rtga~e. with al! premiums thereon paid in full, fire inwrance in the uswl standard policy form, in a wen approved by the ~+tORTGAGEE, and tornado jnsuranc^ in the usual standard policy form,in a sum approved by the MORTGAGEE, in such company er companies ~s the MORT%AGEE may direct; and all fire and tornado inwrance policies on any of said buildings, any interest therein or part thereof, in th~• aggregate sum aforesaid or in excess thereof, sha!I contain the uwai standard mortgage clause or such other clause as the Mortgagee may require, making the loss under said policies, each and every, payable to sard MORTGAGEE ss its into+est may appear, and each and every such policy shall be promptly suigned and delivered to and held by said MORTGAGEE as further security to said mortgage debt, and, nor less than ten (10) days in advance of the expiration of each policy, ro deliver ro said MORTGAGEE a renewal thereof, together with a receipt for the premium of such renewal; and there shall be no fire or tornado insurance placed on snY of said buildings, snY in~blet~~ersn~oh part ;Ix~eo`, un~ass in th~• form znd with-the Ices payable as aforesaid; end in the event my wen of money becomes pay ?M- 2-60 rJ