HomeMy WebLinkAbout2240~oB~ ~ 4 _~ 269 ~
THIS INDENTURE, Made tM------~~----- Y~.'7YI~~t _._, A o 19__._Y.~bal'wMn
_-_-~eo_~e-Eddie Thrall amd Glady_a Barha_r>~Thrall his w1fe, __.._
ol-______..$rQY,ex-d_. _~. _ ~y~ Flaida. IniNrrfla- deMEnatad at tl» "IiAORTC•11~00R" and FIRST FERAL SAVINGS /1PD
LOAN ASSOCIATION OF INDIAN RIVES OOUNTY. a otpora or~rN~d and atrlptrtg urtdM 1M levee of Ma Un11ad Ststata d Mw~r{p
and having its prktcipal plop of bus4taas Yn tM Clry of Vaw~ saach~Indlan Rlwr Carrrly. pbtld., hanina(tN dadgnstad as ttw "MORTr,A(,EE.••
WH MORTGAODR N fife MORTGAGEE M tM earn of ~FiYB ThOV8a1'ld ThrCC Hunted
i`'[~~~ ~_ ~~•+~-_~ ( _~~ Dollars. pod and lawful tnorsay of tlr United Staha adrartoad [sy 111fa
NK>itTGA~C,E unro the-MORTGAG01t. M by a eartaMt prorrtisaoey note of avert date harawiM, d whkh tM fallowing ti web
and A/trns b a trtra Dopy, to-wM:
Na.__ _._
Vero peach, Florida, ~~---~_4Y~1~~'~~__-_.__~_. 19~
For valve recNwd I a vsa ~oMsfly a severally prartlsa ro Day ro FIRST FEDERAL SI-VINGS AND L,p/W ASSOCIATION OF INDIAN
RIVER COUNTY. the sum of =-_~a~-~_--•----_-_-_--~• at Its offiw b Vero 13aach, Florida. with Irttarest at fife rata of_____ 6 ~_~..
per urtt per arrxxn, In the tollowirtg rtwtrter:
t. 53.DD------- upon the first of ash ~r+d ovary month hereafter tarttli Mt. fun p-inClpal sort, with Interest, has been peld• aid
monthly paymenn shall be applied first ro tM davrrKnt of Interest on tM unpaid balenp, and M>ret to tFr peyrtwnt of prlrtclpeL '
This rate is negotiable and If defauk In peymertt paws, may be placed M site hands of an aftaney at law for eollectlon, in which
event 1 or we agree ro pay the poets of oolbctlon. fnckdirtg a reasortable attorney's fee, and sech of tat, whether maker, gwrantor or endorser,
hereby severely waives demand, notice of non-parrnertt and protest of tMs note.
-~~ ~.eor$e--Eddie-Thrall__--- ------------(s..p
__~ 1/Clad;vs F chart Shz81L_ (5«D
In the event any peyment is rat made prior ro the 20th day of tM month when due. then title rsota shah laser Irssweas et tM rele of
a.~ ~ from the date any such peyntent became dw and tir~oughout the period of such dalirtgtswtey
Stet. stamps p.id and cancelled on oAgln.l of this note In the amount of f- 5__ ~____-.~__-.,
NOW, THEREFORE, tM MORTGAGOR for tM purpoa of severing the payment of 1M ofd atsm of =. SL300~ ~--•-- and the
Pe-iprmanp of the cowrwrfs and agreemenn herNnafter acpnned, and for divers pod snd vektable cort:lde-stiorts, by titeae presents, does
grant, bergsin, sell, remise, release, convey and eonHrm unto tNFttea MORTGAGEE its wrooesors and a4pte, all that certa!^ lot, piece or pn~oel of
Iand, situate, lying- and being h tM Cotxtry of _--- _ $t. _lwlc~~-i.4'-_--.--_-_-.-- _.--- . -- -and Shh of Fkt.Ma, described as follows:
Lot 15, accord rag to Plat of Rio Vista
Subdivision, as recorded in Plat Book 9,
page 6, public records of St. Lucie
County, Florida.
~O
Received i ~~ ~ D~Yment of taxes dui
~n Q~ss "C" tMmgillle Personal ProFertr pursuant tp
Clup,el 20j~t. la~~•:: rat tier: a, Acts cl 1941.
~u Ca~or, sf~ lgq.l~,~. ~!t)tt~3 ~~
together with all and singular tit terterrtsnts, hereditarrtenn and appurterwtoe: tite-.tsrtro belonging « In anywise thenfoy and
all tern, issues, Proceeds and profin accruing and ro soave from aid premises, all of whkh an inckrded In ths~forepktg de-
scription and Ftabertdtrrtt.
TO HAVE AND TO HOLD tM above described and granted premises unro the saM MORTGAGEE, ih successors and asNgrr forever.
And the said MORTGAGOR for .-~he)jr_heirs, execurors, a6nlnistrators and asslgro, hereby ooverwnn with tF+e atd MORTGAGEE, fn suooee-
sors and assigns, that ._ shalt-_ar~.-- -.-- -- -- --- lawfuly siszed of the aid prunlses in fee simple; that the erne are ins, deer and ds-
charged from all Ilene end ertctrrrtbrartgs In law or In equlry, and that - -___ -~1~ will snd __ths~r__ ____- heirs shall werrartt and
defend tM title ro the same ro the old MORTGAGEE, In xroassors and assigru, agairot tM lawful dolma and dsrrtertds of all persons;
PROVIDED, ALWAYS ti+at tf tM MORTGAGOR shell pay unro tM MORTGAGEE the promissory note hen(rtbefon described, and
shall truly, promptly snd fully perform. discharge, execute, complete. comply with and abide by each and every the rnlpulatlorr, agreements,
conditions and covanann of said promissory rate and of this Mortgap, then this Mortgsp and the Estate herby awted shell Geese and M
null std void.
IT IS UiiDERSTOOD that the word "Mortgagor" whetFter in the singular or plural anywMre in tMs
only and shall be plural jdnty snd severally If ran titan one, and that tM word "TMir" ss used an Mortgap, shell be singular ff orte
ywlwn M tMs Mortpp shall be taken
to mean ' Ms," "tear," or "in," wherover site context so Implies or admits. Also, that wherever then Is a reference in the covertann and
agreemenn herein conhined ro any of the parties hereto, site same shall be construed ro mean as well u the hNn, lepl represenhtives, sue
censors and assigns (either voluntary by act of the parties or inwltxttary by operation of the law) of tit ssrrte std fifes ti+e pownann herein
contained shall bind and the benefin and advsntatas inure to tiv respective heirs, leeal norasentarives; srrnaseor; and a:,l~rvy if ti,.
parties herero.
And said Mortgagors, for themselves and their heirs, legal representatives, successors and assigns, hereby jointly and severally covenant
and agree to and with the said MORTGAGEE, its suceess~rs snd assigns:
1 : To pay all and singular the principal snd interest and the various snd sundry sums of money payable by virture of said promissory
note, and this mortgage, each and every promptly on the days respectively the same severally become due,
2 To pay all and sirtgubr tM taxes, .sseamenn, levies, Ifabilitles, obligations and inctwrtbrarttes of every nature and kind raw an
said described property, or fifes herseher tray be impwed. suffered. plated, levied, or assessed thereon or that herwfter may be levied or
assessed upon this Mortgap, or the irdebtedrtess aevend hereby. each and ev+ry when dw and payable according ro law, before they be-
come delirtgtrent, and before any interest attadtes or any penalty k inarrred; and lruofar as ar-y thereof is of record the same shall be promptly
satisfied and discharged of record and the original offkial docwrtent (wch as, for irutanu, the tax retelpt or the satisfaction paper officially
endorsed or certified) shall be placed in the hands of said MORTGAGEE within ten days next aher payment; and in the event that any thereof
is not paid, satisfied and discitargad, said MORTGAGEE may at any time pay the erne or any part tFtereof without waiving or affecting any
option, lien. pally. or right under or by virtue of this Mortgap, and tM full amotrtt of each and sorry such payment shell be irrxrwdtahly
due and payable and shell bear interest fr5m the date thereof until paid at the rate of six and six-tenths per centum per arxxxn and topther
with such interest shall be secured by the lien of this mortgap.
3. To place snd continuously keep on the buildings raw or Mreaher sitwted on said land and on all puipment and personalty cov-
ered by this mortgage, with all premiums thereon paid in full, fin Inswsrta In the tttwl standard polity form, in a sum approved by the
MORTGAGEE, and tornado inwrance in the uwal standard policy form,in a sum approved by the MORTGAGEE, in such company or companies
as the MORTGAGEE may direct; and all fire snd tornado insursrtu policies on any of said buildings, any interest therein or part thereof, in the
aggregate sum aforesaid or in excess thereof, shall contain the usual standard mortgagee clause or wch other clause as the Mortgagee may
require, making ti+e foss order said policies, each snd every, payable to said MORTGAGEE as in interest may appear, snd each snd every
such policy shall be promptly assigned and delivered ro and hold by said MORTGAGEE ss further severity ro said mortgap debt, and, not
less than ten (10) days !n sdvsna of tM expiration of each poky, ro detlver ro said MORTGAGEE a renewal thereof, together with a reuipt
for the premium of such renewal; and titers shall be no fin or tornado insurance placed on any of said buildings, any interest therein or
part thereof, unless in the form and with ti+e bas payable ss aforesaid; and in the event any sum of money becomes payable urtdsr such
2M-2-60
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