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Home My WebLink About0799THIS iN(~ENTURE, A1ade the .---- 2~~.+,---- tAiy of._.~... _-.. _ . ~CO~eY'--------- ..-------_- ----• A D. 19-6~_, batw•aen - .._.... _ ~ _---- -...... 1~1~rIM:1- F11LLF.R,._ S.axfd4W _ • -- - - - - • - - ---- --------- -------------- ------- - of St.. Lucie ._ C~:rtty. Florida, Mralrwfisr deal`nared ar the "iviOkTGAGnR," and FIRST FEDER!!l. SAVINCtS ANe LOAN ASSOC_IATIGN OF INDIAN RIVER COUNTY, a cwparatlon organised and existing under tM laws of tM tlnlted States of Arrsariu and having its principal pieta of business in tM City of Varo Beach, Iredlan River County, Fior:cL, t~relnafter designated as the "MORTGAGEt." ~ E t}~~QRTGfC"R rs jus tq~° flee MORTt.;AGEE in the sum of~r~-'I'hou8and Q[le ~ituzdred Fifty ~~ ~o/iw -. ~ ."~ "--:. i3~.~-•~ :---- -j Dollars, good and law-tul mony of the Unltad States advanced by tiw MORTGAGEE unto the MOPTGAGOR, ss evidsrtXd by a urtain promissory note of even date herewith, Of which tM following In w.xti4s and fi,tr~res is a true copy, to-wit: CJOO~ S 3,150.00 Na. -- -- -`,------ . . Vert, Beath. Florida, ----_._._..--_OcCQb,~r-.~.i __ _----- ----- -----,--.- f9-~2_ Fer value received I or we jol~~nnntty or severally promise to taav ro FIRST FEDERAL SAVINGS ANC) LOAN ASSOCIATION OF INOnnIAN RIVER-COUNTY, the sum of ~ ~. ~vlti!t-~!S!____-.------- •--- ---• at Its office In Vero F3eaeh, F!orlda, with Interest at the rate of-.__-___ 6_:_7__. per cent per annu.n, in the following manner: - 31._ ~ -. _ upon the first of each and every month hereafter until tM full princiaal sum. with Imentsof p rK,~paj paid; said monthly payments shall be applied first to the payment of Interest on the unpaid balares, and then to ties pay This note is negotiable and if default in payment occurs, may be placed in the har•ds of an attorney at law for collection, In which evr~nt 1 or wo agrce to pay the costs of Collection, irxluding a ressasable attorney's fce, and each of us, wheMxr maker, gwrsntor a endorser, hereby se.'eraily waives demand, noti~r• of rx~rt-pavrnent and protest of this note. - - - _- /sl.-- momma .Ful~~r --- ----- ----- -•---- --- -._(shall - - ---- -------- -- --- ------------cs«~ In the event any payment is not made prior to the 20th day of the month when due, then this note shall bear interest at the taco of 8.4% from the date any such payment became due and tfiroughout the period of such daliMnpuarxy. State stamps paid and cancelled on original of this note in the amount of S`jx +~ ---- -- - "~ t,~(i. ~0_---.-._---_ arx! the NOW, THE(2EFORE, the MORTGAGOR for the purpose of securing the payment of the said urns of W-._ perfo,marre of the covenants and agreements hereinafter expressed, and for divan good and valwble considerations, by these presents, does grant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE its successors and aul~hs, all that certain lot, piece or parcel of land, situate, lying and being in the County of ..- - - ~t...l.+LIC~~ .... ....... . . .. . and State of Florida, described u follows: Lot S, Block "J", ALAMANDA VISTA SUBDIVLSIONr according to Plat thereof recorded in Plat Book 5, - page 49;=. of the public records of St. Lucie County, _ _ Florida:' ` ~ - __ in palmanl rF t~XPi dUd Received 5------ --'- ,.. , .... ,1 W `, . . CIiaP, ~u' , tie Cou , F-ond~ ~ lector, St- Lu all rcnts,~ssuesli p «eed~alndtprofi~accruttrig andito scctruenfdro ~Id premises, ail of whlchgsri incliudednin theaai:+ove i^and fontaf^g de' scriptlon and habendum. TU HAVE AND TO HOLD the above described and granted promises unto the said MORTGAGEE, iri sucussors and assigns forever. And the said MORTGAGOR for-___ .~~r_helrs, exetutors, administra.ors and assigns, hereby covenanri with tM Bald MORTGAGEE, its succes- sor and assigns, filet -__..---_1~ht~-~~-____----------_ --- lawfully slezed of the said premise; in fee simple; that the settee are free, clear and dis• charged from all Ilene and encumbrances In law or in equ!ty, and that._. -_.Bl1G ----. ---- will •nd -- .her__-____._ Mfrs shall warrant and defend the Title to the same to tM said MORTGAGEE, Its wccessors and assigns, forever against tM lawful tlait:~ and demands of all parsons; PROVIDED, ALWAYS that if the MORTGAGOR styli pay unto tM MORTGAGEE the promissory Hots hersinbefore described, and shall truly, promptly and fully perform, dlsCfurgO, exocute, complete, comply with and abide by each and ever; tM stipulations, agreerttsnri, conditions and covenants of said promissory note and of this Mortgage, then this Mortgage and tM Estate hereby created shall cease and bs null and void. IT IS UfIGERSTOCD tfrat the word "Mor•asgor" whether in the singular or plural anywhere in this Mortgage, shalt be singular if one only and ;hall be p~ural jointly and severally If nwre than one, and that the word ' TMir" as used anywhere in this Mortgage dull be taken to mean "his," "her," ~r "its," wherever tM context so Implies or admits. Also, that wMrever there is a reference in the covenants and agreements herein contained to any of tM parties Mreto, tM same shall ba construed to mean as well u tM Mlrs, legal representatives, s~c- cessors and assigns (elNitr voluntary by act of the parties or involuntary by operation of tM law: of tM same and that tM ~vvenanri Mrein contained shall bind and the ben3fits and advantages Inure to the respective heirs, legal repraserttatives, suxcessors and essigrss of the parties hereto. AnA said Mortgagors, for themselves and their heirs, legal representatives, wccassors and assigns, hereby jointly and severally covenant and agree to and with the said MORTGAGEE, its successors and assigns: able by virture of said promissory 1: To pay all and singular the principal anG interest and the various and sundry sums of money pay mote, and this mortgage, each and every promptly On the days respa:•tively the same severally become due. 2. To pay all and singular tM taxes, assessments, levies, liabilities, obligations and incurrtbrancts of every nature and kind now an said described property, or tfvt hsr.after may be imposed, suffered, placed, levied, or assessed thereon or that hereafter may bs levied a arse-.sad upon this Mortgage, or the indebtedna» secured hereby, each and every, when due and payable atsording to law, before they 4e- come delinquent, and befo+a any lnterost attacMs or any penalty is Incurred; and insofar as any thereof is of retord Nye same shall be prom al'Y entdorsed ordce~rtif e~ shall be pia ed Inh the F.ands afitisid MORTGAGEE withi~tenndays next afteX payment and in~ttMfevenot th~s~ y thereof ;s nos paid, satisfied and discharged, said MORTGAGEE may at any time pay tM same or any part tMreof without waiving or affecting any option, Tien, equity, or rtght under or by virtue of this Mortgage, and the full amount of each and every such payrr•ent shall be Immediately due and payable and shall bear Interest from tM date thereof until paid at the rata of six and lf~ne~nths Pe' ce^turr' Per annum and together with such Interest sha!I be secured by the Ilan of this mortgage. j~ 3. To plats ant ccmtinuousiy keep on the buildings now or hereafter sitwted on vk land and on ail Eq~ipn:ent and personalty cov- ered by this mortgage, with all premiums thereon paid in full, fire inwrarce :n the usual, sianderd policy form, in a sum approved by the i`10RTGAGEE, and tornado inswance in the usual stsndarJ policy form,in a sum approved by the MOR.TGArEE, in such company or cornpaniaz as the MORTGAGE may direct; aril all fire and tgrnado insuranu policies on any ofisaid buildings, any interest therein or part thereof, i^ t:~e aggregate sum aforesaid or in eYCess thereof, shall contain the usual strndard mortgagee clauso or such other clause as the Mortgagee may require, making tM loss under said polls-es, oath and every, ptyabla to said MORTGAGEE as its Interest may appear, and each and every such Policy shall M promptly assigned and delivered to ar-a Mtd by said MORTGAGEE as further security to said mortgage debt, tad, not less than ten (l0i days in advance of tM exp;ration of each policy, to deliver to said MORTCAGEc a renewal thereof, together with a receipt for the premium of suc~i renewal; and than shaft be no fire or torn.ocb insurance paced on any of said buildings, any interest therein or part thereof, unless in the form and with the loss pa;isble as aforesaid; and in the event Any wm of money beaxnes payab:e under such 2M-2-60 ~