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Home My WebLink About2053 .' , ........... . "Y" .. 1- J ..., ) ) THIS INDENTURE. Mad. tha ._J!lm....__ ~ ".-.July. .--.. ._..______,.. ,_.___..__ ....... A.. D. 19~L. beeweM - . ..Job-nna H...OoOllelly...lm",.rrled ADdJ...eo,.M., unmar fed.. , ft"11 e PE r:~ 4A"J~ of. St . Ll . , ~~4"''''TV lOAN ~'ffi..&.' ~ 'iNDiAN =. ~. . corpntlon 0f'I8Nn: MIl .....,. ..., ... .... ~ die UNt.d ~VI~ end havlnc Its prlnclpel pi-. of buUneIIlft ... City of V3IIO '-d\ IndiM RIvw County. f-", hereIN... _....... die ''MOR''I'GAGEl.'' ____~~~~_~TGNX)R II ~ ~~... MORTGAGa In tha _ of lbrCf!,]bousaDd n\'e HundriRd ~f1TCAGE~'~~-tn;.MOin~~~.. ~~ ,:::,'::. ": :.nwful.:O=':th....of'"= S:-~adln ~ ..... ........ a true COPY. to-wlt: ' 53,500.00 No. ?304., v_ ...." Florida. - ..July..lB.- ,.- --. ..--,..-,---.,.... ___, 19 61- For value ~ IOf _ jointly or -.11y Df'ClmI8e to Drt to FIRST fEDERAL SAVINCS AND lOAN ASSOCIATION OF INDIAN RIVER COUNTY. the sum of 5 S, 500. 00_..,__.___ __.__u.. at Its offIc.e In Vero 8uch. Florida. with I"..... ~t the ..te oL6.a___.___ per ceftt per ___. In the foIlow!nc __: 535..00 - " '-'110ft the tint of MCh end -rv montt. hereafter until the full prtncipeI IUI'ft. with In..... tws ~ peId; 8id monthly payments shall be ~11ed first to the pavrnent of Intere5t on the unpaid baa.nce. end th.\ to the payment of principaL This not. Is Maotillble and If dlfault In payment occurs. mlIY be placed In the ~nds of an anon,.., at law for collection. In \ilHch event I or _ ..r.. to pay the COlts of collection, Includlnc a rusonllble attorney's fee. end each of UI. whether 1Nker. prantor or endclrMr. hereby severally waives demand. notice of non~t and proMst of this note. ~ sIJQbann..I:f" OQ~~lly_.___ __.. ___ '...__._ ___C5Mn .s/LeD.M._Donnelly._ ,.-----______.______cs.o In tN eYeftt .ny payment is not made prior t" the 20th cl.y of the month when due then this note shall bur Int.-.t at the rate of 8,.~ from the date ....y,such payment beame due and thtouthout the period of such deI~. Sgte st~ paid M'd ancelled on ori.lnal of this note In the amount of 5 .3..50_ .....,_. . ~ , NOW. THEREFORE. ~ MORTc....COR for the purpose of ..curln. the paY"'*'t of the said sum of 53...500..00.------ and the perfornYN~ of the COYeNnts and ..reemenb I-.Inett., upressed. end for divers Iood and valuable c:onsider.tIonI, by ~ ~ doe Ir.nt. barpitl. sell. ~mlM. re4use. conwy and confirm unto the MORTGAGEE ib successors and aslIN. all thet certain lot. piece Of petal of bnd. sil,:,,:t.. Iyln, fftd, beIn. In the County of . St. ,Lucie County. end State of Florida. detaIbed _ follows: , , i, ( t Lot 11 and the West 1/2 of Lot 12. Block 14, MARAVILLA PLAZA. according to a plat thereof on file in Plat Book 5, at page 44. of the Public Records of St. Lucie County. Florida. c.-'O ~eC(!,ved $__ 7 :::'---;:1 ~3)'men: 01 taxes duA on a JSS "C" Intangible Personal Property pursuant to ChaplG?,r Laws 01 FloridCl, Acts o~lg.. . . -t:..i ax Collector. Sl Lucie Cou 9'Of~ toeether with all and lin.ula, the ~ts. hereditaments end appurtenances thereunto beIonIln. or In anywi.. apperfalnlnt thereto. end .11 renb, Issues. proceeds and profib accruln. and to accrue from said premi-. .11 of which are Included In the llbove and foretoInc de- scription end hllbendum.. TO HAVE AND TO HOlD the above described end.......ted pramlses unto the said MORTGAGEE. ib ..~ M'd ..,.,. fotwer. And the said MORTGAGOR forthe.lr..helrs, executon. administrators end assllns. hereby coywwnb with the said MORTGAGEE. Ib succes- sors and assilftS. that, .. , ..tney..~re.____, .____, lawfully Ii.zed of the said premi... in fee simple; that the _ ar. fr... eI.., and dls- charted from .11 liens and encumbrllnC4ll In law or In equity. M'd that '" they. , will and . ..their__ heirs shall _rrant and defend the title to the same to the said MORTGAGEE. Ib successors and -1M. forever a.ahut ths I.wful claims end demandI of all penons; PROVIDED. ALWAYS that If the MORTGAGOR shall pay unto the MORTGAGEE the promiuory not. hereinbefore described, end shall truly. promptly end fully perform. d1schar... ex<<uta. cornpIre. comply with and abidl by each and -rv the Itipulationl. a._ts. conditions and covenanb of said promiuory not. and of this Mort..... then this Mort.... and the ut.t. hereby created shall c.... end be null M'd void. IT IS Ut4DERSTOOD that the word ..Mort..aor" whether In the slnaular or plural enywher. in thil Mort..... shall be slnaular If one only .nd shall be plural jointly and sever.11y if more than one. end that 'the word "Their" as used .nywhere in this Mortp.. shall be taken to meM'I "his," "her," or "lb." wherever the context so implies or admits. Also. that ~ there Is a referr.\C. in the covenants and agreemenb herein cont.ined to any of the partl" hereto. the same shall be construed to rnun .. well as the heirs. ..... ~tatiYes. suc- cessors and .ml"s (either voIunt.ry by act of the part'es or Involuntary by operation of the lawl of the same and that the covenants herein contained shall bind .nd the benefib end advent.... Inure to the respective heirs. ..... repr_tatives. successors end assi8fl$ of the parties hereto. And wid MortgaGors. f;>r themselves and their heirs. ....1 repr~s:ntllti~e~, successors .nd assigns. hereby jointly and sever.lly covenant and agree to .nd with the said MORTGAGEE. its sueer-SOB and a5sil"s: .: To PllY all and singubr the principal .nd interest and the v.'rbus and sundry sums of money payable by virture of said promissory note. and this mortg.ge. MCh .nd every promptly on the days respectively th:? sam(' severally 1Y~"me due 2. To pay all and singul.r the taxes. ~ts. I....ia. liabilities. oblil.tions and incumbrllnCes of .....ry Nture and kind now on said deKrlbed property. or that ......tt., may be 1mpoMd. -..ffered. placed. levied. or assessed thereon or that .......ft., may be levied or ~ upon this Mortpp. or the Indebtw... MCUred herePy. uch M'd every. wNn due and payable accordina to law. before they be- come delinquent. .nd before wry interest a"acNs or wry penalty Is incurred; and insofar.. any thereof is of record the same shall be promptly satisfied M'd dlschllrpd of record and the orI.lnel official document (such .s. for instance, the tax receipt or the satisfaction paper officially endorsed or certified> shall be placed in the ~nds of said MOR.TGAGEE within ten days next after paY"'*'t; .nd in the event that er:y tt.r.of is not paid. satisfied M'd dlscharpd. said MORTGAGEE mlIy at ....,., time pay the same Of' <<ty part thereof without waiving or .ffectlng eny option. lien. equity. or riIM under or by virtue of this Mort..... M'd the full .mount of uch and every such payment shall be immediately due and pay.ble and shall bea, interest from the date thereof until paid at the rate of Sill and sill-tenths per centum per annum and totether with sueh interest shall be secured by the lien of this mort..... 3, To place and continuously keep on the buildings now or herNfter situated on said land and on all equi~t and personalty cov. ered by this mort...e. with all premiums thereon paid in full, fire insurllnCe in the usual stand<1lrd policy form. in . sum approved by the MORTGAGEE. and tornado insurance in the usu.lIl st.ndard policy form,in a sum approved by the MORTGAGEE. in sueh company or companies as the MORTGAGEE mlIY direct; and all fire and tornado Insurance policies on any of said buildinlS. .ny interest therein or part thereof. in the algragate sum aforesaid Of' in ellCeSS thereof, shall contain the usual stand.:lrd mcrtgllgee clause or such other clause .s the MortpgN may require. maklnl the ~ under said policies. NCh and every. payable to said MORTGAGEE n ib in:p.rest may .ppear, and each .nd .....ry sueh palicy Shall be ~ asslpMd end Mlivered to M'd held by said MCRTGAGEE as further security to said mortpge debt, and, not less than ten (10) days: ~ance of the expir.tion of each policy. to delilltlr t:> sa.d MORTGAGEE a renew. I thereof. totether with a receipt for the premium of suctr~l; and there shall be no fir. or torn.do ins.....,'nc<<' pl~c.xl on ..ny d s~id buildings. any interest therein Or part thereof, un'~s in the form and with the loss payable as afore'\aid: and .n the hent any sum of money becon-es payable under sue" 2"'-2-60