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HomeMy WebLinkAbout2344` ~ ~ ~ ~Q~~ . 28 r~213 .. fF11S 1NOENTURE, Mader lira.-_ 1-~~t1..-._. Orr d.~~R~----- ----.. ~ 0. 19_~. balwrwt ___-_Keth-~.__S`rader a-n~.. eanor_~trader,_t~i~,w_~ig,~- ST__~._~IE.CQ~- rl of.__-._$t._Ll1Cle~- ------------ Fbrlds. haraYtafNr dalgeatrd « tl+a "M~oRTG11ia7R.'• and FIRST FEDERAL SAVINGS AND LOMI ASSOCIATION OF INDIAN RIVBt GOUPl1'Y. a aorpora~~~oe or~r+lsad and aodatMrg tndar fire hwa of 1F+r lJnl»d Shto oitMNrla and having its principal Platy of buslrtaes in fife C)q of Varo seal,, Indian Rtvar Cotrrty. Plaids, har~fhr drid~tad as tl+a "MORT~G~I1~iEE.•• tits MORTGAGEE in tM w.n of..$3X Thous and and nn / ~_ WHEREAS fire MORTGI1A301t is - - - - - - - - - - - - - --- _- - - - - - - - - - - ti- ._.) Ddlsrs. good and 4w(ul aaerr of ti+s Uni»d Stat« adwiad br the MOR-rGAGEE unto fire MORTGI100R. as rvldertoad br a tmrhMt paNaory rota of even dpb haraMAllt, d whkh firs folk-wirtg ti and figure is a true Dopy. to-wM: . Vero t.ach. Flarlde, ------ ~t;L-1-~. ------- -- -----• 19~. Fa vaku received 1 a we pMttly or severalb Oradea b oav b FIRST FEDERAL SAVINGS ANO LAJ1N ASSOCIATION OF INDIAN RIVER COUNTY. floe sum of s_ba ~• ~------------~__. at its office 41 Vero Basch, Fbrida, with interest at lira rob of_____b per cant Der anr-um. in the fdlowing nu>fuw: . s(1Q~00-_----.:upon fire first of each and wary month hereafter until the full principal sum, with tntsrest, has been paid: saW monthly psymsr-ts shall be applied first » tM payment of interest on lira urrpaW balance. and than b tits payrrwtt of principal. This Hots is nsgotisbls and if default in'payment Dears, may be plead in tM bards of an attamey at law for collactlon. M whkh event 1 a vw agree ro pay the costs of oollectien. inckafing • reasonable attorney's fee, and each of us, whNher maker, guarantor or endorser, hereby- severally waives demand, notice of non-taavmant and pro»st of this no». _sJ Keith_ 1;~.-_~trader-- -- ---- -- ---- -------------cs..o _sf__Eleanor _Stra~ter__ ~ts..B In the event any peyment is not made prior ro tM 20th day of the month when dw. than ihb nob shall boar irNerest at lira nb of 8.496 from the ds» any such payment beams dw and tlvaughout the period of such dallrrgtsertcy. Stara sumps 1»~ and eanalled on original of this no» to th• amount of = _ 6e~l1L__----_-- • . NOW, THEREFORE. the MORTGAGOR for the purpose of searing the payment of the Bald sum of i ~-a-QQ0,-Q9 ----- and thi psrformana of the covenants and sgroemants hereinafter expressed, and for divers good erect wktabM ooruideratiorrs, by thaw presents, does grant, bargain, sell, remiss. release, convey and confirm unto the MORTGAGEE its suoassors and assigns, all tl+et car»In lot. pica or parcel of land. sitwta, tya+g and being b tM County of --- - - --~t: _L-UC1E_---- -- - _ _--- and Sta» of Fbrida, desalted as follows: Begin at the Southwest corner of 1_ot 22, Block B, Vl'est End Addition, according to Plat thereof recorded in Plat Book 2, page 5, public records of St. Lucie County, Florid, and run thence North on the V1'est boundary line of said Lot 22 and on the ~'1'est bc~~,~iidary line of said Lot 21, in said Block B, a distance ibf 80 feet; thence run East nn a line parallel to the South boundary line of said Lot 22 to the Fact boundary line of ~ait1 l.ot 21; thence run South on the East boundary line of said Lots 21 and 22 to the southeast corner of said Lot 22; thence run West oa the Sough boundary 1 inc of said Lot 22 to point of beginning. ffi ~rt rl l+~ae fflN RgCB11od 3~f-t.tra~.a:ti' PQ(sOlii: _y.; ., . b Chgplef 20 ws of ffofia. Rc ~ l tio:r "Coi~cM 9L frllw lorid• /~~ together with all and sk.gtr4r tM fanan+ants. henditamsnts and aDPurtenan<ss thereunto belonging err in anywtss aPPartaintng tlrarNO• +rd all rents, issues. prooeds and Profits soauing and ro aecrw from said premises. all of whidr era Inckrdd in tlr stow and foregolag de- scription and hsbsndurn. TO HAVE AND TO HOLD the above described and granted premises unro the said MORTGAGEE. its woasaors and assigns forever. And tM said MORTGAGOR for-_ their ~~~ ~~. administrators and assigns, hereby oovertants with the said MORTGAGEE. its suoas- sor and assigns, tlut .-___-tf1~}C_~1'~__.----_--_--- ----lawfully sieaxd of the said premises In fee simple: that the lama an free, dear erect dls- charged from all Hen: and w+arrnbranas in law or in equity. and tl+at . they _ -- -- will and _ their. -_ _ hairs shell warrant area defend the title ro the sarrw » the said MORTGAGEE, its sucemors and asigru. forever against tM lawful cbims and demands of all parsons: PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE tM promissory hots hs»inbefon described. and shall truly. pranptly and h,ly perform. discharge. excels, complete, comply with and abide by each and wary tl+e stipulations. agreentsnts, ovrditioru and oowrrsnts of said promissory Hots and of this Mortgage. then this Mortgage and the Estate hereby scald shall rise and be rwll and void IT IS UIIDf'.itSTOOD that the word "Mortgagor"_wlreflrer in the singular a plural anywhere in this Mortgap, shall bs singular if one only and shall be plural jdnty and severally if more than one, and that the word "Their" as used anywhere in this Mortgap shall be taken ro mean "his; • "her •• a "its •• where+rer the context so implies a dmits. Also, that vubersver then is a reference in the covenants and agreements herein contained ro any of tF+s parties herero, tM same shall bs eonttrud ro mean ss well as the Frsirs, Isgal repnsentatiws, suc- cessors and assigns (either voluntary by act of the parties or involuntary by operation of the law) of the sarrrs and that the covenants herein contained shall bind and the benefits erect advantages inure ro the respective hairs, Isgal representatives, successors erect assigro of the parties hersfo. _ • And said MoAgsgor, for themselves acid their heirs, legal representatives, successor and assignn, hereby jointly and severally covenant and ag.ee ro and with the said MORTGAGEE, its successors and assigns: l . To pay all and singular tM principal and interest and the various and sundry sums of money payable by virtura of said promissory nob, and this mortgage, each and every Promptly on the days respectively tM same ssverdly bsoorrte due. 2 To pay all and singular lire taxes. wesswterrts. levies. IlabiHties, obligations and inwrtbrsnoes of every naturo and kind now on said described property, a assessed thereon a that hereef»r may be levied a err that hereafter may be imposed, suffered. plead, levied. according ro law, before that' be- assessed upon this Mortgage. or the indebtedness seared hereby, each and every, vnFnn due and payable come delinquent, end bfafors arty Interest sttsdres a any penalty is inaxrad; and insofar as any thereof Is of record the same shall bs promptly satisfied end discharged of record and the original official doarr~art (wch ss, for irutance, the tax receipt a the satisfaction paper officially endorsed a certified) shall be placed in the bards of said MORTGAGEE within ten days next aher payment; and in the event that any thereof is not paid, satisfied awd dhclargd, said MORTGAGEE may at any time pay the same aarty part thereof without waiving a affecting any option, lien. equity. a right urtde- a by virtue of this Mortgage, and tM full amount of each and awry such Payment shall bs immedla»ly due and payable and snail bear interest from the date thereof until paid at the n» of six ;1~~j(q@)h( per untum per annum and together with sudr interest shall be secured by the Item of this rrartgagt. 3. To place and oontinuousfy keep on the buildings now a hsreaher sitwted an said Iand and on all equipment and personalty cov- ered by this mortgage. with all premiums thereon paid in fuH, fin Mtsuranos in the uwal standard policy form, in a sum approved by tlw~ MORTGAGEE, and tornado inwrance in the uswl standard policy fwm.in a sum approved by the MORTGAGEE, in such company a companies as the MORTGAGEE may direct; end ell fin and tornado htsurarta policies on any of said buildings, any interest therein a part thereof, in the aggregate sum aforesaid a in excess thereof. shall contain tht usual standard mortgagee clause a sud+ other clause as the Mortgagee may require, making the kxs under said pdides, sack and awry, payable to said MORTGAGEE as its interest may appear, and each end every such policy sl-sll be promptly sssigrred and delivered ro and held by said MORTGAGEE as further security ro said mortgage debt, and, nct less than ten (10) days in advsna of the expiration of each polky, ro deNver ro said MORTGAGEE s renewal thereof, together with a receipt for the premium of such renawal• and them sl+all be no fin a tornado inwrance placed on any of said buildings, any interest therein or part thereof, ur-less in the form and with the kxs payable ss aforesaid; srd in the event any sum of money bscornes payable under such zM-z-eo .