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Home My WebLink About1775 . . - -.' ~.. '. . - . . . ~ ~ ,'. ~ . . .. " - . . . .. THIS INOfNTURE. M.dI ...._._ _j~th~_ DIr of___ ...-Jw~on~_15 PACE32ft. A. D. 1t. .6l........ w_xc2\1(n n!___6.!__ Tr:.~ybJID.~_~.LM...- TraubjlB-,~~Jfe...'.Yl.-Wtt[ tOONflrltk- rcw'-~ih~~OF --iNDIAN =. ~.~::;:..;.. '::;..-:.: :: =::~the :,':s:.. ,=s.:."'o,~ MCI '-vinclts prlncipel pIKe of ~ In.... City of VetO e.ch. IndiIn RlwtCounty. FtorIcII. ~ Ih 'J ~. the MMORT'CKS." \\'HElEM ~ ~......~ tQ...the MORTGKa In the .... ofTwenty-nln~ Tho'WAnd (}np Hunarea ana_no _ --:=-:"U~-1~W----l Dol.... eood end lawful tftOMW of the UnttM se.e....... br ... MORTCAaE unto the TCAOOIl. . ..w.Med br . ..n.In ~~ _D.., ,... of eWft .,. ~ of which .... .......... 1ft ,.... and fItures Is . true ~. ~ . $ 29. 100. 00.. No.~'7:JOQ. v.. leech. FIoridI. __.____July-13~..__ __n_...___.. 19..61 FM velue NIC8lwd I or _ foIntI'I M .....11y ....... to De'i 10 FIRST FtDERAL SAVlNCS AND l.()AN ASSOCIATION Of INDIAN RIVER COUNTY, the sum of $ ._~!QQ!.-..OO._.:___.____n. .t Its afflce In VetO Ieech.FIorIde. wi'" lnteNIt.t the..... of___.6J1___n per cent per ennum. In the foIlowl"l ~: $ 29J,.00. _ ___ upon the flnt '" MCh MCI .-y month ....fter until the full ~I IUI'ft, wi'" 1nWeIt. _ ~ pMd; .Id monthly Pilyments nil be ~Ied flnt to the payment of InterclSt on the unpeld belance. end ..... to the peyment of principal. Thll not. Is Mfl)tieble and If default In peymen! ocan. riiIIY be placed In the NndI of M attorney .. IrM for collection. In wWch event I or _ ~,.. to pey the costs of collection. Includl"l . reascnab" .ttorney'l .... and MCh of ue, whether rneker. JUArentor.M endorMr. . hereby _r.11y _ives demand. notice of non-oevment end prct8st of thll not.. .. .6L_Edwar.d..B..Traub_...____ ._.___...... ___(Seen ___ sj 8leJ.M L_Traub.._ ____. ____cs.n In the event anv peyment II not made prior to the 20th ct.y of the month when due. then this noN shell beer InterW .. the ..... of 8.4 ~ from the det. any such payment became due and throuIhout the .perlod of such dellnqulrq<. State stDmPS plid and canc.lJ.d on MiJiNI of thll noN In the .-nOunt of $ 29~.10___._....__ . NOW. THEREFORE, the MORTG.A.GOR for the purpose of Mcurin, the payment of the said IUm of $ ..22JJ 00..._00..._ end the perfo,mance of the covenanll and .areements herelNft... expressed. end for divers tood end valueble CDnIkIer.tlons, br tt- ~tI, <<- I,ant. be,..in, Mil, remise, r........ convey end confirm unto the MORTGAGEE ill ~1CiO"'W'"S and "P. .11 thet aIIteIn lot. piece M percel of land. situat.. Iyln, end beInI In the COI.",:,ty of... SJ. J --'lCJ~_.. n.' -- --. end Stat. of FIoridI. cte.c.1bed . follows: l.nts 4 md 5, Block ? J. S. Ke~n's Subdivision, according to Plallhen:of recorded in Plat Book 1, page 41: public records of ~t. t ucic County.. Plorida, and ALSO: Br'F:innin~ 1r the Sourhwest comer of the above mentioned Lot 5. run West 10 feet; thence ruq,~or!.l!.Pl1r~lhrl wiJ~ west 1 ine of said I,ot 5, t 50 feet; thence run Ea~t t 0 feetJ(hienc~'Wff"~cllit~ ~\ong west line of s~id lot 5 150 feet to point of beginning. Less and except the North 20 feet pf property. ct? ') FI . f.'.'- "., " 1-, p' d':~ ReceivE:d s_~..!~_. In -: ,.,-., ,I .) ~~ CI~s' "C" In.'.': L,", ",,-,,,. r:,: Prc.~.c'y (:o'c;uanllO on :J), 11..- :....... . .. .'" ... . Chapter 2012-1. l3\\~ ci Ilsr;Il~, 1\':: (,; E'::'L ~~ St. luci; un;y, Florid~ toc.thee' with all and slnaular the ~tI. heNdltaments and ~ tt.r.unto beIontfna or In .nywt.. eppertaInInJ thereto. and ell 111I'111. I~ proceeda end profits eccrulna end to K1CIU8 from ..!d preml-. ell of which .re Included In the ebow end to..... de- scription end Nbendum. TO HAVE AND TO HOLD the ebove clncrlbed and .rMted premlMl unto the Mid MORTGAGEE. Its ~~ end --.,. forewr. And the said MORTGAGOR for their_heln. eucuton. edmInlstraton end euiIN. hereby coveNnll with the said MORTGAGEE. III succes- sors and ;luil"l. that ... .th.ey.aI.e.-__ ____.._____....wfully sleud of the uld premlMl in ... simp"; thet the ume .re free. deer and dll' chllraed from all 11_ and encumbrances In "W or ;n equity. .nd tNt__lhey- _ w__ will and --- .their --- heln shell _rrant and defenc:l tN tit" to the ..",. to the aid MORTGAGEE. III II~ end .-111M, forever ~..Inst the ..wful c:"lma end demendI of.1I penons; PROVIDED. Al..WAYS tNt If the MORTGAGOR nil pay unto the MORTGAGEE the promissOfy noN hereinbefore cIeec:rIbed. and shall truly. promptly end fully perform. dlscN.... P8CUte. comp..... comply with and ebIde by NCh and every the stipuletionl, aar-tI. conditions and COWNf'lIl of uid promi$lOJY note .,d of this Mort..... ...... thll Mort.... and the Estat. hereby creeted shell c:.eM and be null end vcMd. IT IS UtlDERSTOOD tNt the word "Mort..p" wh<<her In the ""","r M p1ur.1 enywfter. In this Mort..... nil be 1I"","r If one only and nil be plunl jointly and severally If more then one. and thet the word "Their" es used en.,where In this Mortte.. shell be teken to meen ..hi.... "her:' M "III:' wherever the context so ImpU_ M edrr.11I. Also. thet wherwer there II . ref.renc. in the covenanll end elrHmenll herein contained to eny of the parties hereto. the ume n II be construed to man .el well lIS the heI.... ....1 r.-tetlves, IUC- cessors and assl,"s (either voluntary by act of the partlllS M Involuntary by operation of the "w) of tiw _ end tNt the covenents ....in contained shall bind end the benefill and edvanh,,, Inure to the respective heln, ....1 repr_tatlves. succewon and ...... of the pertin hereto. And said Mo.tpgon, for themselves and their heln. lepl repr.,s~ntati~e~. wcce~.,ors ..nd ..Ui,N, hereby jointly and sev~rally covenent ...nd agree t:> and with the said MORTG.A.GEE, its successors and euigns: 1: To ply all ;lnd sinaular the principel and interest and the v..,i.)Us ;lnJ sund,y sums of money pe'~.ble by virtu'e of said promiSSOry not.. and this mortg.g., eech and lIVery promptly on the days respectively t"e !>;1m" ~,v.'ally become due. 1. To pay all and linaulOlr the tex..; nsessmenll, levies, l'-billt"'. obliptionl and incumbrances of every Ntur. .,od kind now on said dncrtbed property. M thet __Iter mey be nnpc..d. lUffered. pieced, levied. M essessad thereon M thet ......ft... may be levied M auesMd upon thll Mort..... M the indebtedneN MCUred hereby. eech end every. when due and peyebIe ec:cordl"lto "w. before ttwy be- come delinquMt. and before any InteRst .tteeM M any penelty II incurred; end insofar es any thereof Is of record the ..",. nil be promptly satisfied and dlscharpct of record end the orIalnlll off\cIel ctoc:urr.'It (such al. for inst.nc:e, the tax recel~ M the satllfllCtion p.per off\cIelly endorsed M certified) shall be pieced In the h.Ids of said MORTGAGEE within ten days next after payment;.nd In the _t thet any thereof is not paid. satilfled and d1..::harted. uld MORTGAGEE mey et any time pay the SilmI M any part thereof without _lvinI M .ffKtIna MY option. lien.. equity, M rllM under M by virtue of thil Mort..... and the full amount of eech and every such payment nil be Immedletely due .nd payable and shell bear Interest from the date thereof until paid ~t the rat. of six and six.tenths per centum per .nnum aNt toe""r with such Intenm shell be secured by the lien of thll mort..... 3. To piece and continuously keep on the buildinp now or hereafter sit~ted on said land end on all equipment and personalty cov. ered by this mortpge. with ..II premiums thereon pIoid In rull. fire InlUrence in the usual standlrd polic:y form, in e sum approved by t"~ MORTG.A.GEE. r.lCi torNdo Insurence in the uswl stanclArd policy form, in a sum approved by the MORTCACEE, In such company M compenles as the MORTG.A.GEE may dir.ct; end ell fire and tornedo inlwancc policies on eny of said buildinas, any interest ther.in M pert thereof. in the ;lur.gate sum .tor...1d or In e>u:eu the:eof, shall conl~in the usual ItendOlrd mClftlagec douse M such other clause al the Mort..... II\IIY requir.. maklna the 101I under Aid poIicl.., each end every, payeble to ~;d MORTGAGEE as its interest may appMr, and uch end every such policy shell be promptly ealened end delivered to and held by said MORTCACEE lIS further security Ie said mort.... debt. end, not less then ten (\01 days In edvanc. of the expiration cf each policy. to dellvet' to said MORTGAGEE a r_1 .....reof. toe""r with e receipt for the premium of such _I; end there shall be no fir. M tomedo insurance plac..!d on .ny of sakt build.",s, any inter..t ther.1n M POlrt thert'Of. unless in the form .nd with the loss PIIy.ble al .forewld; and in t'" event any sum of money becomes payeb" U"der such 21,4-2-60