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HomeMy WebLinkAbout0679 ...-......;...:..... ~~- .,.~-..~_.....----...- - ~ -~-...__._~ ~'~::'...;:~,,-"~': -~--' " n.R. 57 ~ un:'<< \.. I ^'l U IU L. L. c~~~~Y":~ j,i'i. t;ha~ d/t'J a"indiiii-ihve~t~~r Service :~a~d Da.::~eo:,,- ctrambley Bond- Blsitt l,ee-€be j'-'~heir-"i'e8 t-' "~apeCttfelyt-' - -.-------. of u ___ St._Lucie________ _ (A,nty, FIorIcM, ~fNr ....nwled .. tt-.e "MORTGAOOR." 8nd FlitST "'IDERAL SAV1NCS AND LOAN ASSOCIATION Of INDIAN RiVEtt COUNTY, . CClt'pCQtion orpnlnd ~ ~ W1dIH tt-.e \aws of the UnINd s..w. of Ameria ~ h.vlnc its prlndpel pia<< of buslnns In tt-.e C;ty of v.~ e.cn, 1ndl8n Rlver,Countt. Florida. hereinlftet chIItNted .. tt-.e "MORT~~" .-# . () ~.~ __ _"'::~~R~~_~~ ~~~~~~!<tt'l~-Oo~-~~~ ~ ::Mof~~.J~J':t.a~~ MORTCAGEE unto tt-.e MORTCAGOR. as eYI<Mnced by I ~ ~ r\oN of ewn ... t.ewfth, of which tM followlnc In worda .nd fllUres Is . true copy, to-wlt: I . " s11, 000.00 __ -' - No._u___~~~ VetO 8.1.: \. Florida, _________.____ _.Eebr..u~-22.u------.. 196..3. For v.lue rKelved I or _ JoI"tly Of _rally prombe to oev to IRST FEDERAL SAVINCS AND LOAN ASSOCIATION OF INDIAN RIVER COUNTY. the sum of $11 ,J)QO..OQ.---.-------------. .t Its cfft...e In Vero d..ch. Florida, with InteNlt at tt-.e ra" oL6..!L___ per cent per annum. In the followln, mallMl': $llO.OO-- upon the f1rs~ of eech and .....ry month hef'eafter until the full prlnc;I~1 -..n. wtth 1nterUt. has bMn peld; ..Id monthly payments wll be .ppli~ first tQ the payment of Intwrelt on tt-.e Uf'.pI1d be'-'-. and thin to tt-.e peyIMf'It of prlnclpel. This note Is nelOtl.b'- .nd If default In payment occurs. mIIY be placed In the hands of an attorney at I.w for collection, In wt-Ich event I or we aarea to pay the costs of collection, Includinc I rM*)Nb'- a!tonWy'l fee. and MCh of UI. whether milker, IUIr.ntor Of endofwr, hereby sever.lly w.lves demand. rt:>tice of non-lMyrMnt .nd rt of this note. /s/ L. L. Chambley' (Seal. _.__JBl__.ktty_Jean.Chanib1ey--'.:t-~-----_---_(Sean '~J\a~~~b;%re&der Se v~~Seal) ---. If}LJ~!.~lt!_J~~_Cn~~~:--':--------(SceU In t e event .ny paymerft IS not made ~for ~ 10th dly of the month when due. tNn thb ~ llhall bMr ~ It the ra" of 8.49b from the ~te .ny such plIyn-.ent became due .nd throuchout the period of auch dell~. St.te stamps paid and cancelled on Ofi.lnal of this no" In the .mount of $ll.lXL-.---.-... . _ NOW. THEREFORE. the MORTGACOR for tlw pl.IrpoM of ..eurln, the payment of the ..Id IUr'I"I of sll...OOO.o-OO-:~- ...ct tlw performailCe 0' the covenants .nd a.reements herelnaft.r e.cpI'esaed, and for divers sood and valuable conaideratlonl. by tNM ~1$, does grant. bari.ln. sell. remise. rele.se. convey end confirm unto the MORTCAGEE ItslUCCtSlOtl and IIIIIN, all that CIrtaln lot, ~ Of pereel of land. situate. Iylnil .nd t:>elrot In th. ~ty .of StL _Lucie..___ .-......--.---. aM State of FIorIdI. dlllcrtbed as follows: South 300 feet of the East 10 acres of the Southeast 1/4 of the Northeast 1/4 of Section 7, Township 35 South, Range 39 East. ~.__oo- R~:t:>'fd $(;( ~__~__ ::: ~~FF;I: of taxes due (dl (1:53 "e" In'~n;: l',' ru .,' l:t.- _-:~. rUl5UJnl to Chapter 2072ll2\,;~ (;; t'-' . . ,'-, . I' 1j- 'I - ~~::~' -rax C,"ec"csi.- c,;::" Co"~ -- tocether with ail and IInl\.ll.r the tell.m.nts, hered:t.ments and appwtenances therwnto beIoncln. Of In anywi.. appertalnlnc thenrto, and all rents. Issues. proceeds and profits accruln, .nd to accrue from ..Id preml_. .11 of which .re Includoecl In the abow and for.coInc de- scription and h.bendum. TO HAVE AND TO HOLD the .bove described and ,ranted ,"miNI unto the ~Id MORTGAGEE. Its tllOClW'"'I and asIi1f'S forever. And the said MORTCACOR for____their:heira, axecutors. admlnlstratora and 'AI,",. hereby ~nts with the alri MORTCACEE. Its succes- sors .nd IssililTls. th.t _____________they--8.re-----------lawfully s1ez:ed of the said pr~IMS In foe simple; that the r.ame .r. fr... cl..r .nd dls- ch.rged from .11 liens and encumbrancn In I.w Of In equity. and that______~-__---- will and ___theiL__ helra shall _mmt anc! defend the title to the lime to the uld MORTGAGEE, In IUCC$IIOrI and a.lam. for....., 'ialntt the I.wful cl.lrns and demlndI of.1I penoni; PROVIDED. ALWAYS that If the MORTCACOR shall pay unto the MORTGAGEE the promlaory ncx. hereinbefore deecrlbed, .nd shall truly. promptly .nd fully perfonn, dlschar... execute, comple". comply with aM abide by lid. and IYIry the atIpl.1l.tlona, aareements, conditions and covenants of IIld promissory note and of thil Mortp... then thk Mort.... and the Est~" hereby created shloll eM" .nd be nyll and ..-old. IT IS UljDERSTOOD that the word "Mortpp" whether '''' tt-.e IIncul.r Of plurll anywhere In thll Mortp,.. wll be IInlUl.r if one only .nd sNlI be plur.1 jointly .nd aever.11y If mora than one, and that the word ''Thel.'' .s used anywhere in this MortJa.. sh.1I be taken to me.n "his." "her." or "Its." wNrever tt.. context 51) Irnylln Of admits. Also. that whelT~r there II a reference In the COVeNlntl .nd .greements herein contained to .ny of the partlll hereto. the Nme shall be construed to mun II well III the helra, ....1 repnwnt.tlva, IUC- ceSSQ;S and Ilsigns (either voluntarf by act of the parties or Involuntary by operlTkln of tt-.e law) of tM lime and that tho covenants herein ContZ:~led shall bind and the benefits and advant'i" Inure to the respectlw heirs. .1 ~tlItI'!CII. sucasson and auler.- of the parties hereto, And s.Jid Mortg.gors, for themselves and their heirs. 11".1 rep<esentatlvlI. SUCl:tI$SOrS .nd 'Sllsm. twreby JOintly .nd sever.lty covenant and agree to and with the Slid MORTGAGEE, Its WtCess~s .nd assigns: I: To pay all and slnglilar the principal .nd int.rest .nd thll various and sundry sums of money pay.bltt by vlrtur. of Slid promlslOry note, .nd this mortgage. each and every promptly on the ~ys raspectlvely the Slme sewrally become due, 2. To pay .II-and .Inlulu the t.x", 1$MSlUTIII'Its, '-vIII. 1I.b1llt\ei. obllptions snd Incumbrances of fNlry nature and kind now on said described property, Of that hereafter may be ImpoMd. suffered. placed. I.vled. or aaesMd thereon or that he....fm may be Ievlecl Of assesud upon thIs Mortil.g., or t~ Indebtedness IlCUred hereby. NCh IInd avery. when dooM end l>>Yllbl6 ICCOrdinc to I.w. before they be- come delinquent. .nd before .ny Interest .ttaclw\ .:If anr ~lty Is Incurred; and Insoftr as Iny thereof Is of reco-:d tho ~m.t shall be promptly satisfied .nd discharged of record .nd the original oHlci. document (such IS. k>r Inst.nee. the tu receipt or the satlsfKtlon pap6f' otfklally endorsed Of certified) shall be placed In the tunds of said MORTGAGEE within ten days next atter plyment; .nd In the event that any thereof is not paid. satisfied .nd dlscha,..ed. :saId fo..lORTCAGEE mIIY .t .ny tlma pay the same Of any pert thereof wI~t w.lvlng Of .Hectln, .ny option. lien, equity. Of right under Of t,y virtue of this Mort..". Irrd the t,,1I .mount of each .nd every such payment wll be Immediately due Gnd pay.ble .nd shall be.r Interllt from the date therEOf until paid at the rtt. of six and .Ix-tenths' per centum per annum end tOlett..r with su<:h In teres! shall be secured by the lien "f this mort".., 3. To place .nd continuously keep on the bulkllncs now or her..ftllr s1twteY on Mid r.nd otnd on .11 equipment and ~rsonalty cov- ered by this I'l'lOftglllle. with .11 premiums thereon paid In full. fire InsurltlCti In the ,_I .tantl.rd policy form, In I sum .ppraved by the MORTGAGEE. .nd tornado Insur.nce In the USWII standard policy form,ln I sum approved by the M()f(TGACEE. In such company 0( companies as the MORTGAGEE mIIY direct; .nd .11 flro end tornado Insurance policies on ~ny of Slid buiklinp. any Int.....t tl'lereln Of part thereof. In the allgregate sum aforesaId Of In exr.ess thereof. .h.1I contain the UiUlI dl1'Aard mortr..... CI.U19 or SIJCh other claUM IS the Mort..,.. mIIy require, makl"g the lost under Slid policies. uch and fIV<<Y. ~h1 to said MORTCAGEF. IS Its Interelt may appear. and NCh and IVery su<:h polley shall be promptly 1IUl&ned and dell--' to and held by Mid MORTCACEE as furthsf IeCUt'lty to M4d rnorttac- debt. .nd. not less than ten (10) days In adv.nce of the explr.tIon of each policy, to dIllY<< to ..Id t.4QkTGAGEE a rerw_1 tNreof, ~her with a r<<elpt for lhe premium of such renewal; Ind there .....11 be nc;) fire Of torrIao8o Insurance placed on eny of Slid buildlnp. IfiY Interest therein Of parI thereof. unless in the form .nd wlth the loss payable IIi afornald; and In t:" evmt eny sum of money bcCmII payable under such 2M-2-60 -