Loading...
HomeMy WebLinkAbout1870 O. h 1~ 4'~1I dJ~' ;) PACE '-'-J... 61 . THIS INDENTURE. M.dI the. _ llt____ ~ of.______ AupaAt_, u___.' _ ,.- ,,-. D. 19_ - u. ~ '..lUch..rd .E.nArnold aodQ)rOlbJ L..,L ..ArDold..Wa,-.tW~ i'~ll :~UP(;kf!'Ar-- u______ of ..St. LllCill!!l._ ._ u'_ _ Cowtty. .F~ ......... ......ted .. the .'MORTGAGOR," and FIRST FEDERAL SAVINGS AND LOAN ASSQCIATION OF INDIANIUVEIt COUNTY. . ~pocatlon orpnlnd end .......... under the ~ws of the United States of Ameria end Nvinc itl prlnctSMI pi.- of ~ In the City of VeIO Beech. Indian RIver ~. Florida. heraiNfter desienated as the "MORTGAGEE." WltEIEAS. ~_~~ Is 1uIdw....... ~ tM)RTCAaE In the ..... of Seventeen Thousand..Three......- _Hunarea -.tlll.no ,,,w,=,=,, ~~ .-,..I..l..t1lUa..w.__--l DoIian, iood end lawful rnoneoy of the United St.tes edva..-d by the MORTGAGEE W\to the MORTGAGOR. .. ...kiIIlCed by . c.rtalft promIaIOfy noe. of ~ data here,..;th. of which the followinc In ~ds end It""' Is a true CGPl'. to-wl~ s17.3OO.OO - No. 7:l0~. VeIO leach. F~ __ ____Augu ~~ 1 J 1961 FOI' velue ~wd I 01' _ totnttY 01' ...,.,.Iiv DfOI'fti8e to 11ft to FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF INDIAN RIVER COUNTY. the sum of s17..300._00d,.nn-_.__n_' at Ita office In VeIO &.ch. Florida. with interest at the rate of 6 . . per cent per annum. In the followlnc manrwr: $125,.00_ u upon the flnt-of eech and -IV month ....ttw W\tll the full principal, sum. with Interest. has been paid; said monthly paymentl shall be applied flnt to the payment of In~ on the unpaid belance. and then to the payment of principal. ThIs note Is netOtlable and If default In (MYft*'t ~ may be placed In the hands of an attorney at law for collection, in which _t I 01' _ ..,.. to pey the ~tI of collection. Includlnl a l'NIClNbIeattorMy.s.... and each of us, whether maker. euarantor 01' endoner, hereby s.everally waives demand. notice of ~vment and protest of this note. _ . u~LJ\.~I)a..rg f,. Arnold (Sean __~L,Qc!rothy ~.K. Arnol<i_ __ ,_n,._,_.___.(Seao In the ......t U'I'I paymertt Is not rnede prtcW to the 20th drt of the month when clue, ..., this note shall ~r Int.-t at the nile of e."" from the ell.. ...., such pay~t became due and -throuIhout the period of IUCh delinquency. Stete snmps (Wid ....d cancelled on OI'ieinal of this note In the .mount of $11.~---- ----- . NOW, THE~EFORE. the MORTGAGOR for the purpose of securing the payment of the said IIUIn of $ JZL3Q9...,!,9Q.-- and the perfo'lNnce of the covenants and alreementl hereinafter expressed. and for divers iood and valuable considerations, by .-. ~ts, doeI Cr."t. bareain. .ell. remise. release. convey and confirm unto the MORTGAGEE its SlIOCltl...... ar.d nil.,.. all that Qrtaln lot. piece or pwceI of lanoi. situ.>te. Iyi", and belne in the County of St. .L~cie - ,--' and Sr... of FIortda. ct.crlbed at rOIlowt: Lot 2, DeFina Subdivision, according to Plat thereof recorded in Plat Book 10, page 53, public records of St. Lucie County, Florida. ReceivL,j $,-,;J~~~ In iiJymtnt ot ~xe~ due on CIJ~s "C" In::lrgible Personal Property pursuant to Chapter 20~.t laws 0,' Florid.. Acts 0' 1941. (J.~tL"~ ~ ,~,_a.J Tax CoIltc\or. St. lu . unty, F\O~ totether with .11 and *'IuIar the ..~ t...~t........ end ~lCeI ~ beIonIInI 01' In anywba appertalnlnl thereto. end all 1W'lta. ~ pI'OCIMdI and profttl accruInI and to ac:aue from _d premI-. all of wWch ate IncludMt In the above and to...... de- ICI'Iptton _ hIbendum. TO HAVE At<<) TO HOLD the above dNcrlbed end ....... rre""- W\to the said MORTGAGEE. Ita 11,(( Qft and ..... foNwr. htd the said MORTGAGOR for_d1eir.J.lrs, ..-:uton. admk....nltorI _ -I"S. heNby ~ with the caId MORTGAGEE. Its succ:.s- 10ft and -1No thet_--n.,-..theJ. are ___lawfully IIaId of the said premiMl In ... slrnpIe; that the -- a,. free. deer and ell- charIed from all ..... and enc:urNM"AIa. In few 01' In equity. and the. -----tbe)' n_____ will and n____...tbeir... heirs ItwU _rrant end defwId the "tie to the IMM to the said MORTCACa, Its ..., E LlII.nd -1"5. foNwr apJnst the lawful claims and demands of .11 penons: PROVIDED. A1.WAYS that If the MORTCAGOR shall pey W\to the MORTGAGEE the ptOmiaory note hereinbefore deecribed. and Nil truly. promptly end fully perfonn. cllCtwp. .-cute. (Oo.lpIete. comply with and abide by eech .nd ..-y the stipulatIoN, ........1IIltS. concIttons _ COllWWlta of said promillOry note and of this 1toAortpr. then this t.4orftaIe end the Estate heNby a.ted shall ceue and be null end voicI. IT IS UUDERSTOOD that the ~ "~. whether In the .....r 01' plural anywhere In this Mortpte. ....1 be sIntuIar If - only and lhall be plural jointly and severally If more ..., _. and that the ~ "Their"' as UMd any.where In this Mortp.. shall be mbn 10 ..- "hll:' "her." 01' "Jts." wherwver the CIQI1text 10 impI'" 01' admits. AIIO. that wheteww ...... Is a nI....lCIe In the c:ovenantI and ..,.".,tI heretn contained to...., of the partiea heNto. the __ shall be COfIIh'Ued to ~ as well as the heirs, ....1 ,...,tatlwl. IUC- ceaon and _1"1 (ettt. voluntary by act of the pertias 01' IrwoIuntary by opeqtton of the law) of the same end that the cov.lMtI herein contained shall bind end the beneflts and advant..- Inure to the nltPKtM _heirs, ..... ........."-. .~ and alii.. of the partiea hereto. And said Mortpcon, for thernselwl and their heirs, ....1 ,...mttwa. .1CICIMrS and alii... hereby jointly and ___11y ~ _ ..,.. to and with the seld MORTCACEl. Ita IUCICeSIOrI and KNIftI: I: TC! pay all and slntular the prtnclpal and Interest and the varioul and .-try ......a of money peyabIe by virtur'e of said promiIIOry note. and this mort..... eech and .wry promptly on the deys NlPKtrv.!y the -- """"Iy become clue. . 2. To pey all and ..,.., the ...... .MIIII ..... J.viaI, llabllltlel. obIlptloN and 1ncumbreIa. of fNW'I nAh:re and kind now on said dIIc:rtbed pnIJ*ty. or that her..ft<< fIII1II be ......... ......... placed, levied, 01' ....... ~ 01' that ......... nwy be IwIecI 01' ...... upon this ~1.. 0( the .......dll_ ....-d ~. each and.-y. wfW\ dye end peyabIe accordIn& to law. before ttwy be- come ~t. and before any In... ~ 01 any peNlty II Incurred: and InIOfar ......, thereof II of record the -- shall be ~I, uttsfled and ellCtw,..t of record _ the ClfIIInaI offldal ~ c.uch ... Dr 1natancI. the tax nICelpt 01' the satllfac:tton peper oHIdIllly .wbMd 01' certtfled) IhaIf be p&aced In the hands of said MORTGAGEE within ten days next after ~: and In the -- that any thereof Is not paid. ........ and cIIcN,..d. 8Id MORTCiACEE ..., at any ...... p.y the -- or any pert thereof wtthoYt ~ or aH.ctInI any option. .... equity. or rtIht undir 01' by vim. of this MoI1t..... and ttw full &mCIW't of eech and ..-y IUdt paynwtt shall be ~ due and peyebIe and ... beer Interwt from the dele thereof until ..id at the ,... of eA- I&. per c.nturn per annum end IOIIItwr with IUCh Interest .... be IeGINd by the lien of thIa ,..o,I,IF 3. To place and contlnuoYIIy keep Qn the boA.... now 01' ....fter ~ on ..ad land and on all ~ and penonelty coy. ered by this mor1pte. with .n ....,wums .-eon paid In tun. tt.. ".e...lMICII In the -' ....rd policy form. In . sum ~ by the MORTGAGEE. and tG!nado ~ In the URal IUnderd policy forM,ln a WIft apptowM by the MORTGAGEE. In IUCh COIVlI)lInr 01' corr.panIes .. the MORT("K,U fIII1II elract; end all flre and tomado ........ poIlcie1 M...., of said buI~ ...., Interest thereS\ 01' pert thereof. In the .......... ..... aforelald or In ___ ...... thall contain the -' standard ~ c-.. 01' IUCh other c*- .. the Morttatee INY nlqUire.lNIkInc the '-...., IIid poIideI. eech and.,.,.,. ~ to said MORTGAGEE .. Its Intenllt INY appeal. and eM:h - every IUCh P"'IIcY shaU lie INOII....., ........ and ......... to and hIId by said MORTGAaE .. furtIw MCUrity to ..ad ~ cIIbt. and. not '-for ~..... nO) _In..... of the .........10;. of eM:h policy. to deIMr to said MOR~ a ,.,...1 tMreof. ....... with . nICelpt ..... ~ of IUCh .-I; and .... ..... be no tt.. or temado ~ JIIac:ed on ...., of said bulldinp. any Interest therein 01' part thereof. ~.... in the rorm .nd with tho loss payable as aforesaid; and In the ewnt any 11Im of money becIctMI ~ under tueh 2lA ~