The URL can be used to link to this page

Home My WebLink About1482 - - 15 PACE"[ ~~ THIS INDENTURE, Made the _2Oth_ D.y of_____._ July ~ ri...L ForreatH. H. _ Vincent aadElla 6lizaMth Vincent. JUS ..ite. - _ __________ of St, LUc:le_ County, Florida, twNNtt. ".nated a. the "MORTGAGOR," and FIRST FEDERAL SAVINGS AND LOAN ASSOCIA-nON Of INDIAN RIVER COUNTY, a corponItlon orpnized and existl"l under the laws of the United States of America and having its principal piKe of business in the City of Vera Beech, Indian River County, Florida, hereinaher desienated as the "MORTGAGEE." WHEREAS the MORTGAGOR i. just~~tN to_die MORTGAGEE in the sum ofThirty_-nine ThowumcLand no/l00 ---------~..~------~-~-~-~-i$-3~..uuu.W.--.J Dollars, Iood and lawful money of the United Stat.. advanced by the MORTGAGEE unto the MORTGAOOll, .. evIdenc:iId by a certain promissory note of _ date herewith, of which the foIlowi"l In ~'Ofds .,...j f'lUres is a t:ue copy, to-wit: ,39.000.00 'J. Il. 8~~r. 61 .. A. D. '9 . _, bet-' Vwo BeKh. Florida, _m J..y.y -~~-- For v.l~ recelvoed I or _ Jointly or _allv Df'On'liM to Drt to FIRST FEDERAL SAVINCS AND LOAN ASSOCIATION Of INDIAN RIVER COUNTY, the sum of $39.000.00___, at its office in Vero Beach. Florid., with interest ., the rate of 6 per cent per annum. in the followin. manner: $ 330. 00 upon the first of each and every month here.her until the full principal sum. with interest, ha~ ~ paid; uid monthly ~ymenls shall be .pplied first to the payment of Interest on the unpaid belance, and then to the payment of principal. This note is nesoti.ble and if def.ult in payment occurs. may be placed in the hands of an attorney .t law fw c.ollection, in wt\ich event I Of _ 'eree to pay the costs of collection, includin, a reasonable .ttorney's fee, and eKh of us, whether maker, ,uar.ntor or endorser, hereby sev~r.lly w.ives demand, notice- of non-Dil~t and protest of this note. PrivUege of Prepeyaent at any time s/ P()rr~st H. E. Vi_ocent. _'(Seal) without penalty 18 hereby r...rved s/Ell. Eli~abethVio:enL _ .._ ________.____(Seal) unto the .artgeaora. In the event .ny paymenris not made prior to the 20th day of the month when due. then thll note shall bear int_t at the rate of 8." % from the date any such payment becanw due and throuIhout the period of such delinquency. St.te st.mps paid and cancelled on orllinal of this note in the .mount of $ 3.9._PQ_ ____ NOW THEREFORE, the MORTGAGOR fw the purpose of _curine the payment of the uid sum of $ 39.. QOO.OO _ _ and the performance ~f :he c~nts and a,reements hereiN her expressed, and fw divers aood and valuable considerations, by t'- presents, does gr.nt, bare. in, sell, remise, release, corweyand confirm unto the MORTGAGEE its successon .nd alSlens, all that certain lot, ~ or parcel of 12nd. situate, Iyin, and beln, in the County of St. _ Luc.ie and St.te of Florida, described as follows: ~'?2~tl : Lots 30 and 31. Block 16. according to Plat of Revised Map of Ft, Pierce Beach Subdivision. as recorded in Plat Book 8. page 29. public recards of St. Lucie County. Florida. -J..::1 Received S \ ~ - Iv'~ In paymenl of taxes due on Dus "C" Intangible Personal Property pursuant to Chapter 20724, Laws of florida, Acts of 1941. S' ~ .--<' "- ~. ...>->--..... \/"...., '-' . . \~ -. IIX Collector, St. Lucie County, ~ ./ .- )~ </ toeether with all .nd sin",lar the te.-nents, hereditaments and appurt~ thereunto beloneln, or In anywiu 8PlJeftalnln. thereto, and all rents. Issues, proceeds and profits accruIn. and to accrue from uld premises. .11 of which ~re Included In the above and forecol"l de- tcrIption and heb8ndum. TO HAVE AND TO HOLD the abovw dncribed and &ranted premises unto the uid MORTGAGEE, its aucceteOl"I and "IN toreYer. And the uld MORTGAGOR fw__~~J!:._helrs, executoR, r.dminlatraton and usI,ns, hereby ~nts with the uld MORTCAGEE, Its suc:ces- 101'I and assl..,., that ----.they _.&re..h_ -__. __ .m_ lawfully siezed of the uid premises In fee simple; that the ume are fr.., deer and dls. charpd from all 11_ and enc:umbrancea In law or In equity, and tt.t.. tbey mUU___ will and _their.. _'_h heirs shall _rrMt and defend the title to the ...". to the uld MORTGAGEE, Its IUCX:--S-S and aKIans, forever aeainst the lawful claims and demanda of all penons; PROVIDED, AJ...WAYS that If the MORTGAGOR. shall pay unto the MORTGAGEE the promissory note hereinbefore described, and shall truly, promptly and fully perform, clschaf'le, ex8CUte, corrplete, comply with and .bide by each and every the stipulatiorw, a.-ts, conditions and covenants of said promI~ note and of thA. Mortt-... then thi. Mort.... and the &tate hereby Cf1IIIted shall cease and be null and void. IT IS UPlDERSTOOD that the word ..Mortpp" whether In the sincular or plural .,ywhere in this Mort..... shall be siftlular if one only and shall be plural jointly and sewrally if more than one, and that the word ''TheIr'' as used .nywhere in this Mortp.. shall be taken to mean ..hi.... "her," or "its," wherever the context 10 Impli.. or admits. Alto, that whetwwr there II a refe~ In the covenants and "reerne'lts herein contained to any of the partift hereto, the same ahall be construed to mean as _II as the heirs, ....1 ~tatlves, IUC- ceacn and assIans (either voluntary by aa of the parties or Involunta ry by operation of the Iawl of the ume and that the covenants herein cont.ined shall bind and the benefits and advanta... Inure to the respective heirs, ....1 ~...tatlves, successors and uslans of the parties hemo. And said Mortaaeors, fw tt-nselves and their heirs, ....1 ~esent.tives, 5UCCesiOrs And .1Sl,IU, hereby jointly .nd severally ~t .nd aer.. to and with t~ said MORTGAGEE, Its successon and aWIN: I: To pay all and sin""., the principal and interest and the v.riXlS and sundry sums of money payable by virture of said promiSSOty note, .nd this mort..,e, each and every promptly on the days respectively the sa~ severally beccme due_ L To pay all and slncular the toea, ~ts, \eovies, liabilities, obliloltions and incumbrances of every nature and kind now on said deKribed ~, or ..... ....... mey be ~, ..Hered, placed, levied, or aIIeSMd thereon or that heru" may be levied or asseseed upon this ~, or the Indebted._ ..cured hereby, eech and --V, V!'hen due and peyabkl accordi"l to law, before they be- cnme dellnql*'t. and before any Interest attKhes or any penalty Ia Incurred; and InIOfar.. any thereof il of record the same mall be promptly utbfled and dhcharIed of record and the qlnel official document (such as, fw lnst.nc:e. the tax receipt or the utisfac:tlon paper offIdelly . endorsed or certified) shall be p' -ad In the hands of uid MORTCAGEE wi~ tan days next aher peyrNftt; and In the event thet any thereof II not peld, uttafled and ~ uId MORTGAGEE mey at any tlm. PlY the same or any part thereof without _Ivin, or afNcttn& any option, lien, equity, or riIht undar or by virtue of this Mort, 'T, and the full amount of each and every such peym.nt ahall be ImrnecSately due and payable and thaIl beat intereIt from the dete therwof until paid at the rate of Ilx....- .... per C*\tum per annum and tocether with such IntenJSt shell be -=ured by the I..... of this /'IIOff, r 3. To piece and Cllntlnuoualy blip on the bulld1ncs now or __Iter situated on uld IMd and on all equipment and personelty ~. erect by thll mortpce, with ali pnmIums thereon paid in full, fire inaurancIe In the usuel stanct.rd policy form, In a sum approved by the MORTGAGEE, and tornado lnauraftCe in the _I atandard policy form, In . sum approved by the Mi)RTGAGEE, In such company or companies as the MORTCAGEE mey direct; and all fire and tornIIdo ~ poilcl.. on any of uid build1np. any Interest therein or part thereof, In the aarepte "'"' aforeaald or In -- tt.r.of, shall contain the ~ standard mort..... clause or such other clal8e as the Mortp... may ~re. rNkinI the to. undw..... poIidee, each and lNrf, ~ to uid MORTGAGEE as Its IntMat may appear, and each and --V such policy shell be promptly .-lifted and deIhoared to and held by ..id MORTGAGEE.. further security to uld mort.... debt, and, not leu than ten nO) days In advanca of the..nmon of eech policy, to deliver to uid MORTGAGEE a _I tt_f, tocflher with a receipt fw the ~ of IUdl -'; ~ .... thaII be no fire or tornado i....nce pIac.ld on any of I4ld bulldints, any Interest therein or part thereof, unless in the form and with the _ payable .. af<<eteid; and in the event any _ of money bec:cIMs payable undw such 2M-2--40 _ l. ,.