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Home My WebLink About1594 O. H, 7 ar.Sk 61 THIS INDENTURl:. M~ tn. ..3rd. Or( of ____.... MarCh ., ^ D. 19 '. .. between .... J~88~_C... ~~~n.d Gr~c~ .13_. _foye, his wife. ....___nn________ of St. . Lucie ... u County. Florida, he-r~Nfter desi'Nlted AI the "MORTGAGOR," and FIRST FEDERAL SAVINGS AND LOAN ASSOCI,A TION Of INDIAN RIVEn COUNTY. a COt'pOf'ltion or,aniI~ .nd .xlstln, under t,he I.ws of the United S!~tM of Amefl~ and hAvin, ;ts princip.1 p!ece of buslrwsl In the City of V.to 8<<ch. l:'ldi.n River County, Florid.. hereinafter deSlgNlteJ as the MORTGAGEE. WHEREAS the MORTGAGOR il justly iJKWtl.t.q,tp the MORTGAG€i in the sum of. Six ThQ.us~nd~U1d. no/lOO.:..::.:: .-.-------,...,..~-~-,..,..-.--.,...--,...-($O,-UUU.-uu. ____> DoIl.rs. sood Ind I......ful ~y of the United States ~a.'>ced by the MORTG.a.GEE unto the MORTGAGOR, .- jh.ldenced by a cert.ln promissory note of even d.t. her......;th, of which the fOllow,n, In words and f1lUres is I II'Ue copy. lo-wit: ';" . ,'~ $ 6,000. 00 No. V~ Beach. Florida. .. March 3. 19 61 Fc.r value received I N _ Jointly or le\'ltr.llv~~'lIM to pe7 to FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF INDIAN RIVER COUNTY. the sum of $ . 6.000. QO __.. .__.....__. at its oI;iCe I., Vero Beach. Florid.. with interest at the rate of . 6. 6. p.r cent per annum, In the follO'loOln, manner: $ 6Q. 00. .... upon the fint of .ach and every month heruft.r until the full princi~1 sum. '...ah Interest, hu ~,1 paid; said monthly P.ymentl shall be applied first to the pavment of Interest on the unpaid balanc., and then to the payment of pronc,pal. This note il nelOtiable and if default In P'lyment occU", may be placed in the hands of an attorney.at law for collection. in which 'lVet\t I or _ I,ree to pay the costs of collection. incl!.Klin, . rusonable Iltomey's fe2. .nd each of U', whether mlk2r. ,uarantor or endorser. hereby ~erally w.ives demand. notice "f non-o.vment .nd protest of this note. . sl Jesse C.Pope (Sean ..s/.Grace. B. ..POpe. d{Seln In the event any ~y~nt Is not mid. prior to the 20th diy of t,he month when due. tn.. this noht ~II bear inl.....t at the rite of 8.4 % from the date any such payment beume due and throu,hout the period of such delinquent:)', . St.te st.mps ~id and c.ncelled on ori,inal of this note In the amount -of $ 6. 00 ._ NOW. THEREFORE, the MORTGAGOR for the purpose of securing the p-'yment of the said sum of $ 6.000.00. and the performance of thoe coven..nts and 'llreements hereiNlfter exprelMd. and for divers llood and v.IUo'ble consideralions. by thew presents, does grant. t>.rll.in. sell, remise, release. convey.nd confirm unto the MORTGAGEE its successors and assillns. III th.t certain lot, piece or parrel of Iyi , and beln, In the County of l,nd3S~3Ie. 'O_ M e :: ! !!~~ "0 a~ ~- <:1::_ 0>80 Eo", ""'-tJ ao.OlIt c: "ii . '-I ~ ~ 0, :t.~ Q 0> - \I~~ 'Ii. : N -P2> N 'gt'l~ '~o 15. ~gd .~ ~ ;.; c => <3 St. _ Lucie and St.te of Floridl, described as follows: Commence at the SOutnwest corner of the Southeast Quctrter of the Northeast Quarter of tne Southeast Quarter of Section 12, Township 35 South, Range 39 East, run East 191.55 feet to a point of beginning; thence run North 121.4 feet to a point; thence run East 63.85 feet to a point; thence run South 121.4 feet to a point; thence run west along the South line of said Southeast Q~arter of the Northeast Quarter of the Southeast Quarter 63. 85 feet to the p0int of beginning. SUBJEcr to a ten foot easement for drai~age and utilities across the Northern edge of said property. tot.ther with all and slnrular the '-merits, .redltaments and appurtenances thereunto belon,ln, or In anywise appertainln, thereto. and all rents. Issues, proceeds and profits ace""ln, and to accrue from seld premi.... all of which are included in the abov.. and fore,olng de- scrlptfon and habendum. TO HAVE AND TO HOLO the aboY. c:iescrlbed and ,ranted pnIml... unto the said MOPTGAGEE. ;ts successo~ and .ssi,ns forever. And the seld MORTGAGOR for.the.h.___.helrs. .xecutors, Ddmlnlstrators and auigns. hereby covenants witr. rhe s.aid MORTGAGEE, Its SUCCltS- lOR and assll"l. that "___"'h__~~r.h~~'~'__'.'____ h_ lawfully slued of the seid premi... in fee simple; that the seme are free. c1Nr and dis- char,ed from all liens and IInCUmbr~nees In Ilw or In equity, and that __, they~_ . _ will and their. .__. heirs shall warrant and defend the title to the seme to the eld MORTGAGEE, Its "lC...esso;-s and usilf\s. forever against the lawful c1.ims and demands of all persons; PROVIDED. ALWAYS that If the MORTGAGOR shall ~y unto the MORTGAGEE the promissory note her.inbefore described, and shall truly, promptly .nd fully perform. d:schar... execute. complet1l, comply with and abide by ea.:h and every the Itipul"tloru, i1greements, conditions and cownanl$ of cald promjuory note and of thU MortC-:ile. then thil MortlAlle and the Estlte hereby created shall cease and be null and YOid. IT IS UtIDERSTOOO that the word "M-lrt...,or" whether In the Ilngullt or plural anywhere in this Mortgage, wll be singular if one only and shall be piural joln~ll and severally if mot'. than one, and that tloe word "Their" I.S used anywhere in thi, Mcrtga,e shall be taken to mean ..hi.... "her," or "Its," wIle,....,.r the context 10 implies or admits. Also, that wherever there is a reference in the covenants and allreements herein eontalrAd to any of the ~rtles her.to, the uome shall toe construed to mean as well IS the hei", legal representatives, soc- CeMOrs and 8IsijnS (either voluntary by act of the parties or Involuntary by operttion of the Iawl of the same ,nd tlvlt the covenants herei" contaiMd shall bind end the benefits and adventalM Inur. to the respective ".Irs. ,....1 represent.tives. succeSlOt'S .nd assigns of the parti.. hereto, And wid Morisaiors, for :hemseives and their hei". 1e",1 re()resentatives. WCC::essors and assigns, hereby jointly and severally covenant .nd a.... to and with the uld I\/lORTCACEE, Its SUCCfl~ and ,u'I"s: 1: To ~ all and 11~lUlar the principe I and interest and tne varlQUI and sundry sums of ~ p.yable by virture of uoid promluory note. .nd thll mort....e. each and ev.ry promptly on the days respectlve!-, the same ......rally become due. 2. To pey all end IInIular the taxa, -.menta, levies. IlabUltl.-. obli...tlons ..-,d Incumbrances of .....ry nature and kind now on selcl ct.ecrlbed pt'Operty, ~ thet hereafter may be I~. suffered. placed. levied, w .1NIMd thereon or that hereaft.r may be 1....led or asaesMd upon tN. ...~... or the indabtlldl18. ~ hetwby. e.ch and every. when due and ~yable accordjn, to law. before they be- C\>mlI deUnquwlt, and before wny In~ attllChe ~ any per.,.lty Is Incurred;.nd Insohr.s .ny tMreof is of record the same ~II be promptly Mtlsfled and d1scharled of r..::ord and the orl,lnal oHlcI~1 document (s.uch 81. for Inst.nce, the tax receipt or the se~i,faction ~~ oHlcial:y endorsed or certified) shall be pl4.ced In thlt hands of seld MORTGAGE E w.thln ten d.ys next after payment; and in the event that any thereof I. not peid, satisfied and dlschilrled. seld MORTGAGEE mey .t any tlm. ~y ".. seme or any part thert'Of ...ithoo.Jt w.;vlng or affecting .ny option. 1iM. ~. Of rtvtt ~ Of' by vlrtue 01 thl~ Mort...., and the full amount of uch a!\C! every luch pa,.me.,t shall be Immedi.t.ly ..\Ie .rod payeble and shall bear Int1lrest from the dat1l thotreof until P81d at the rate of Ilx .nd 5lx-tentns per centuM per annum and tog.the, with such Inte....t shall be MCUred by the lien 04 this mort.....' 3, To P" Md contfnuously keep on tn. buildln" now or hereafter situated on seld I.nd and Of'\ all equipment and ~rsonalty co". ered by this m-.>rt...,e. with all premlumt therl!\Jn paid in full. flr. Insurance In the usual standJrd policy form. In a sum approved by the MORTCACEE. md tornado l"surM'Ce !~ t~.. USWII Itandard policy form,ln a sum approved by the MORTGAGEE, in such COMpany or ~nles a; the MORTGAGEE rTl8'( direct; and all fi,.. and torn.Go insurance pclicles on .ny of seid bulldln,s. any in~rnt therein or p.Jrt thereof, in the aIIfl'C8" sum alorMald or In excey thereof. sh511 cont.ln the usual standard mort,a,ee clause or such other claUSE as the Mortla," may '*1UIre. mekJnc tt. l01I. under uld policies, each HId 'I'YeI'Y. ~Ie to seid MORTGAGEE al Its Interest may appear. and neh 5nd every such r.o\lcy nil be promptfy InIIMd and delh~ to and twld by seld MORTGAGeE as further security to said tnOrt...,. dt.bt. and. net Ins than tWt (J 0) days In edvance of the ..ration of eech policy. ~ deliver to seid MORTG,4.GEE a renewal thereof. toeether with a receipt for the pnwn!um of such renow.l; and then! shall be no fl,.. or tornado I~rance pieced 'In any of said buildinsl, any interest therein C.r port thereof, IIi'\MsI In the form and with the loa ~yable .. .fornald; and In the event any sum of m<ln8'( becorr.es payable under svch 2M-UO o ~-.<'W",,~,!:_,,".,..,......~.