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Home My WebLink About21366u:.~( THIS INDENTURE. Made the --_ ~ __ ..-. Day of------_-----_-.-QCLC1biGI'-------------.---------•- -------~ ~ D. 1852_, b.twa.n _.-- . - --.-- 1~'ATEiAN.E.AT1~lAI~.and-S.ARA_F~ATMAI~,__.his_ ~rif;r~..._-------_-_---__.-----..-----------------~~ ofi -___ _~C.. I..l1C~.~______ _____ ___ __ Cow*rty, Florida, herolnaher deslgnatsd as tt,e "MORTGAGOR," and FIRST 1-EDEkAL SAYINGS AND LOAN ASSOCiAT10N OF INDIAN RIPER COUNTY, a corporation organized and existin; under the laws of *;k United States of America and having its principal plats of business In the Ciry of Vero Beach, Indian River County, Fkrida, hereinafter designated as the "MORTGAGEE." . - H' Elms the MORTGAGOR is just i t tlva MURTCAC',EE in th• sum ofEi2ut_Ths)ud$nd~WSLHLLC1dLf:.d.. and_t~Q 1 '_'-'_~_'.S'_~--_°"(3~r. ~wr --_~) Flollars, good and lawful money of the Unltsd Stages advanced by the MORTGA~EE unto the MORTGAGOR, as evidenced by rr drtaln promissory Hotta of even date herowith, of which the following In words and figures is a true copy, to-vit: ~~~~~ s4, 2Q0.00 - - No. ------- --- ---- - Vero Basch. Florida, -.----------------------- --OCLObCL.-'4~--------------. 19-~ _ For value received I or we jointly or severalty promise ro gay to FIRST FEDERAL SAVINGS ArvD LOAN ASSOCIATION OF INDIAN RIVER COUNTY, the sum of s'4,.204..00-___.-.._.__ - __.__.__, st Its office In Vero Beach, Florida, with Interest at the rate of___-~f}____.____ per cent per annum, in the following manner: s~.-00 _- ._ upon the first of each and every month hereafter until the full principal wen, with interest, Fos bean paid; said monthly payments shalt be applied first to the payment of intere_' cn the unpaid balance, and then to the payment of principal. This rate Is negotiable and if default In payment occurs, may be placed in the hands of en attorney at law for collection, in which event I or we agree to pay the costs of collection, including a reasonable attorney's fee, and oath of us, whether maker, guarantor or e~idorser, hereby severally waives demand, notice of non-payment and protest of thla note. -- - /8/- - Nathan_ Eatman---- - -- -- - ---- --- ----- ---(Beau -/a~ --~,eraFiatman-------------- -------------(seau 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 rate of 8.491 from the data any suth payment became due and Throughout the period of such delinquency. State stamps paid and cancelled on original of this note In the amount of s4._2U.---- ---.---__. . NOW. THEREFORE, the MORTGAGOR for the purpose of securing the payment of the said sum of S 4.-20-0. OQ-- ------ and the performance of the•covenants and agreements hereinaher expressed, and for divers good and valuable considerations, by these presents, does grant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE its successors and assigns, all that certain lot, piece or parcel of . land, situate, lying and being in the County of ...______St.. _LuCxe _.__ ._ ._. _ __- and State of Florida, described as follows: Lot 6, Block 20 of INDRIO UNIT #1, af3 per ' Plat thereof ~n file in Plat .Book Sr at page 42, of the public records of St. Lucie Countya Florida. '~~ tares d+~e v'^~^t n. tai i. Say ~ ~ l .1 . t',oUecto(, S4 loose C ~ together with all and singular the tenements, hereditaments and appurtenances thereunto belonging or In anywise appertaining thereto, and all rents, issues, proceeds and pfofits accruing and to attrue from Bald premises, all of which are included in the above and foregoing de- scription and habendum. TO HAVE AND TO HOLD tFs above described and granted premises unto the said MORTGAGEE, its successors and assigns forever. And the said MORTGAGOR ftor__xhelr_heirs, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, its succes- sors and assigns, that-_______._~.hC~ gr~_ _.__. _______- lawfully slezed of the said premises In fee simple; that the same ace free, clear and dis- cfurged from all liens and encumbrances 'n law er in equity, and that____Lhe3e___.._______. will and .. _th+~].r_..____. heirs shall warrant and defend the title to the same to the salt' '.tORTGAGEE, Its successors and assigns, forever aga~r•st the lawful claims and demands of all persons; PROVIDED, ALWAYS that tf the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore described, and shall truly, promptly and fully prrform, discharge, execute, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenants of said promissory rnte and of this Mortgage, then this Mortgage and the EsSate hereby created shall cease and be null and void. IT I~ Uf iDERSTOOD that the word "Mortgagor" whether in the singular or plural anywhere in this Mortgage, shall be singular if one .xr1y and she!! be plural jointly and severally if more than one, and That the word "Their" as used anywfiare in this Mortgage shall be taken to mean "his," "her," or "its," wherever the context so implies or admits., Aiso, tinat wherever there is a reference in the covenants and agrer:vents herein contained to any of the parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, suc- cessors and assigns (either voluntary by act of the parties or involuntary by operation of the law) of the same erect that the covenants herein contained shall bind and the benefits and vdvantages inure to the respective heirs, legal representatives, successors acrd assigns of the parties hereto, ~. And said Mortgagors, for themselves and their heirs, Legal representatives, successors and assigns, hereby jo!ntly and severally covenant and agree to and with the said MORTGi.G«, i13 swcessors and assigns: 1: To pay all and singular the principal and Interest and the various and sundry wens of money payable by virture of said promissory note, and this mortgage, each and every• promptly on the days respectively the same severally become due. 2. To pay all and singular the taxes, assessm~rts, levies, Ilabllitels, obligations and Incvmbrances of every nature and kind now on said described property, or that Hereafter may be imposed, suffered,•plrad, levied, or assessed thereon or that hereafter may be levied or assessed upon this Mortgage, or the indebtedness secured hereby, each and every; when due and payable according to law, before they be- come delinquent, and before any interest attaches or any penalty is incurred; and insofar as any thereof Is of record the game shall be promptly satisfied and discharged of record and the original official document (such as, for instance, the tax receipt or the satisfaction paper officially endorsed or certified) shall be placed in the hands of said MORTGAGEE within tan days next after payment; and in the event that any thereof is not paid, satisfied and discharged, said A40RTGAGEE mry at _..y tim_ v='i tf,a sarr» or any part thereof without waiving or affecting any option, lien, equity, or right under or bj virtue ~f this Mortgage, a=id the full amount of each and every such payment shalt be immediately due and payable and shall bear interest from the date thereof until paid at ilk rate of six and six-tenths par centuro per annum and togethe ` with such interest shaft be secured by the Ilen of this mortgage. - 3. To place ar.d continuously keep off the buildings rr~w or hereafter sih+ated on laid land and crt all equipment and personalty cov erect by this mortgage, with all premiu,'ns thereon paid in cull, fin insurance In the usual standard policy form, in a sum approved by the MORTGAGEE, and tornado Insurance in the usul star+.dard policy form,ln a sum approved by the MORTGAGEE, in wch company or companies as the MORTGAGEE may direct; and aN fire and torrud~ insursnta poUeias on any of said buildings, any interest therein or. part thereof, in the aggregate sum aforesaid or in excess ther,spf, shall contain the uaua! ztandard mort;rgre clause or such other clause as the tylortgagee may require, making the loss under said policies, each and e•~ery, payable to said MORTGAGEE as Its interest may appear, and oath and every such policy shall be promptly assigned and delivered to and l,eid by said MDRTGA.GEE as further security to said mortgage debt, and, not less than ten (10) days in advance of the erpirati~:n of each policy_ t4 deliver to said MORTGAGEE a renewal thereof, together with a receipt fur the premium of such renewal; and th^re shall be rn fire or tornado "insurance placed on any of said buildings, any interest therein or par: thereof, unless in the form and with tFre loss payable as afraresa!d; ar-d In, tfie event any sum of money becomes payable under such