HomeMy WebLinkAbout2349 . - y ~ ' • ~ ~ ~ ~ ~ ~ ~t'.
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TM~s ~NCENTURL~. M.d. »»_..24th o.,? of.._..... ~ ~ /1. o. ~~4 e.tw.«~ ,
L eland A~Thornton and Elaie Zhornton, his wife ~
of _5~.._~.CC~e ca.+b. ~aaw.. M~N~rr.r d.a~~.c.d n th. ~~r~AORrc/1aat.~~ ,nd F~RSr FEOEw?~ sAV~rJGS Arro ~
LOMI ASSOCI/1TION OF INDIMI RIVEf~ GOUNTY, s oorporaHon or~sni:~d a~d ~cistie~ w+dK tM laws of N+~ Unlted Stata of M~rka (
. ~nd havtry its prii+Npd plaos of business in tM Gty of V~o Be~ach. lodian Rive? County. Florid~. hehln~ftK d~sipwted as ths "MORTW1GEE" [
N,. ~Twc~e ~~c th~ MORTGAGEE in e+,. ~~?hree Thousand Seven H d' !
and cs ~ o~a~, s~a ,~a a,~rv~ ~,o~.,? of e+~. u~?~~.a sat~ .a,?.~o.a a?
MORTCAGEE unto chs MORTGI100R. ~s wtd~nced bY a ouqin pranisso~? ~on of ew~+ daro hsnwiH+. of whkh tM iollowin~ M words ~
~ ~ nw o~?. w.~r. S~g`~ s
s 3~.Z00~_QO . ~
V~o B~•d+. Flaid~. --~l3~L~~._.._ ~ 19~ _
' For value noeived 1 0? w~ jointly or s~vKally pron?Is~ to pa~? to fIRST FEDER/11. 5l1VIN(;~S MID LOMI ASSOCt/1TlON OF INDIMI
~ RIVER C~OUNTY. t1+~ wm of ~ at ~ts offia te~ V~eo e~ac~ Fibrid+. with In»~t st ths rste of~6. 3
pK aent per an~+wn. M tM followit~ nw~r~: .
=.37• ~ upo~ ths first of ~ach and ~re~? month haeafte? unNl tfis tuli princlpal a+n+. wlth Int~nst, hss b~en P~Id: aW
monthN WY~~ts shall be sDDUed first to the psyms~t of Inte?est o~ tM w~paW bsisno~. and thsn to ths p~yment of princtpai. ~ ~
This ~oM is ~e~otiabl~ and if defwlt tn psy~mnt oocvrs. maY bs P~~ in ths hamds of an attornay st taw for oollection. in whkh R
~wnt t a ws •~roe to psy the oosts of oollocHan. Includin~ a ressa?sble attanry': ke. sod esch of us, whethe? maker, Narantor or adorsa~.
~w
hKeb~r severally vwives d~d. notic~ of ewn~oavn+M+t aed P~~ of this note. • .
- `~~~eland A._ lhornton _~,p ~
,
- - ~lsie Thornton ~..p ~
In th~ avent any p~yinent is not msd~ prtor to th~ 20th d~Y of ths ma?th wF~+ due. than tMs nots shall bar inbr~st at M» nb of
5.4~ from tM dat~ any wd~ payn~+t bewne du~ and tlxa~hout the period of wd+ deNn~ncy.
' Stab st~rnPS WW and tano~lled on ori~inal of tNs ewtr in th~. snau~t of i 5. 55
NOW. THEREFORE. tM MORTGAOOR for ths paposs of t~twri~ th~ WYnbnt of tM taid nan of =.3, 7~. ~ N+d tM
ps?formsno~ of 1M oov~ensnts and s=nem~nts Mninaft~r ~pros~d. and for ~ve~s ~ood and valusbl~ aor~sidsrations. bf? thsse Wrsants. does
~ant. bsrypin. sell~ ~nise~ relsue. con~?~Y ~nd oonfirm unto ths MORTCAGEE iri suooessors snd assi~s„ all that oartain Iot, pieo~ or Wrosl of
~.~a, ~~e ~a ~ N t+,. ca.~~,? ~ _ St -~u~ie_-----------._ ~,a s~n ~ F~+a.. a~+eee ~
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Commence of the West right-of-way boundary of State Road No. 605 at the point of ~
inters~cction with the South boundary of Lot 1 in Carlsen's Subdivision, as in Plat Book 3
~ at page 24 of the St. Lucie County; Florida Public Reoord, and run Northwesterly a1o~}g
sa~td West right-of-way boundary, 90 feet for point of beginning; thence turn and run YUeat
pazallel with the South boundary of said lot , 200 feet; thence turn and run Northwesterly
parallel with said right-of-way boundary 9,0 feet; thence turn and run East parallel with
~ .~_said South boundarjr, 200 feet to the said West right-of-way boundary; thence turn apd run
~ Southeasterly along said right-of-way boundary, 90 feet to the point of beginning.
. EXCEPTING THEREFROM; all easements for- public roads and telephone and telegxaph ~
lines. f
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eo~.rhe. with .n .na stneular d,. t.~+.n+a+ts„ h.ndlbn+.MS +nd ~ eh.nunto b.loe~ln~ or in .nywls~ .vo•~tainMS tMr«a and
ail rents. iswes. proaeds and profits aocrohy and to aotrut fron+ sdd pr~. all of vrl+ich ar~e inckxlsd in the abow and fore~oln~ d~-
strtption ae~d i~bend~rn.
TO HAVE AND TO FIOID th~ sbwr desaibed ~rd pant~d pnmisss unto ths ~aW MORTGAGEE. ib wooes~ors and usip+s larver.
Md ths said MORTGIIGOR for~rs. exeaitors. sdministntors and a~i~ Mr~b~r oo~nants with th~ said MORTGII~CEE. its suooes-
sors ~a assigns, thar theY are ~y ~e~a of the ssw pr«eases t~ fe. sin~pl.: thsr tr,s sune f~e.. cka. ana ds-
~ chsraed fro~n ail liens and enaxribrsntes In law or tn equity. and that~lP.~t will ard .~h
-~ir hs~a shal! vwrrant and
~ defend the titk to ths same to tF+e sstd MORTGAGEE. its wocesso~s and rnigra. forever sNinst tM lawful c4ims and deri~ar~ds of aii DKSOns:
' PROVIDED. /hLW/1Y5 that if the MORTG/1GOR sl+aH pay unto tht MORTWGEE ths prondssaY note herdnbei~ore d~aibed. a~d
shall truly. M'a?.pHY and fu1~I+ Parfwm. dlsthar6~. exeot+te. oomP{st~. con'iP~Y with ard ~bids by aacfi snd eve~y the stipulations. K~n.
conditio~s and oo~venants of saW promissory r?ote snd of this Matpge. then this Matgs6e and the Esbte F~eby ue~ted shsil oesss ard b~
null and voirl .
IT IS U~IDERSTOOD thst ths word "MortQs~' whether In the stn6uisr or phrtil anywF~ere in tMs Mort~sge. shalf ba singubr if oew
' oniy and ~shall bs plual jointly u~d seve.aly if more than ons, and d+~t the wwd "TMir' n used snywhe?~e in this Mortgage shall bs tsken
u~
; to mean his, her, or its, wherever ti~e oontext so implies or sdmiri Also. that whererer tFrsro is a referoc~oe M the oovensnts and
: i agreements herdn oontained to a~y of the pa~ties t~ereto. the sams sF+a ll be cautrued to mean as weil as the helrs. kgai roprosentaHves„ su~r
~ cessort and assigns (either volunhry by stt of the psrties or involunta ry bY opention of the Isw) of the s~me and thst the aovenants FMrein
' oontained shall bind ~nd th~ benafits snd sdvsntages inuro to the respettiv~ heirs. le~sl repesentatives„ wocessors and sssig~s of ths •
` ~ w~ Md said Mortgs~as, ior tF+unsslws and tF~etr heirs. b`al ~spresenqtives. x+ooessors snd sssigns. herebY loinNY and seveally oov~snant ~
t snd asree w and vrith the saW MORTGAGEE. its wooasso~s snd aui~ns:
i 1. To pay sll and singulsr the principal ~nd interost and ths va~ious and wndry suirK of monel? WY~k bY virfus of ssid pranl~ory
~ noh. and tNs mortHaBe. eath and e~?erY P~~~Y vn ths dsys ~a~ttiwly the ssms sa~rsally b~oorr~e due.
2 To psy ail and sin~ubr ths tanes. mess+na+ts. lavtes. Ilabilities. obU~atiaa and h+aenbranoes af ~very rntws and Wnd now on
ssw describea prope.ey. o. d+.t he~s.tr.. msy b. Imposea. wfferoe. P isced. bvied. or .ss~ed tt,e~ean or th.c t,~.afte. m.y be kvtee or
assessed upon this MortHa6e. or the indebtedness secu.~d 1+e~eby. e~ch snd every. wFien dus and payable iooor~nt to Isw. be(on tF+ey be-
come delinquent. and beforo s~y intemst ~ttsches o? sny per?alty is incumed: and irnohr as any tt+e~eof fs of reoord ths ssmt shsll M prom+pth?
t~tisfi~d and discharpd of ncord snd tfit ori`in~l offklal dotun»nt (such as. for it~stanp. the tax noNpt or tM tatisfattion p~ offk1~11y
- ~ndassd w catifl~ st+all be pisced In tM iw~ of sdd MORTC,At'~EE witMn.t~n d~ys naR a~ psyrr~ent: and in the avent th~t ury tMr~of
F Is not psW. sstisfled and disdrr~ed. sdd MORTGA~C',EE m~y at sny time pay.th~ same w any psrt M~sroof witFaut ~ or afhcNns +rM .
s optia+. ~ia+. equ~tY. 0? rieM unds~ or by vl~tu~ of tt~ Mortp~e, and tM 1uN sn+ount of eath and svery wch psyment shsli be krmedlateh?
dw and psysbk snd shstl bear IntKat fran th~ dstt M+~rwf until paid at the nte o4 sfx tentl+s per oe~tuin per srrwrn and toptFw
; ,~rith .ucl, Nr...st sh~n b. s.cur.e b~? t+,. ~Nn of tF?is mort~e•. ~iY'ee
3. To plso~ snd oonti~uousty kNp an tM build~ngs no,~vor hsrsaRer sitwted on ~W land aed cn stl equip~ne~t anA persor~Hl? oar-
end by tFds matgsse. with alf premi~wr~s tMr~on paid M full~ fin fnswante in the usw) stsnd~rd policy fam, in a wm approeed bf? tfi~
~ MORTGAGEE, snd tansdo i~xs~ M th~ uwsl shndsrd po1Ny form.in a sum approved by th~ MORTG~?GEE. in such aompany or oon+V~tnies
s ss th~ MORTC~AGEE m~y ~roet; and atl Hn and tornsdo irn~uance polkies on sny of s~id buil~nas. sny intemst tF~ein or p~+t the?~of. b+ tM
aare~ste wm aforesNd or in s~ooe~ tt+ereof. shall oonaln the uswl standsrd mortgs~r ciwse a wch othe? cisuse ss the Mortp~e nwY
^ req~dn, nisking the loss urdsr said policies, esch ardtv~y
~ payablt to ssid MORTGAGEE ss its intercsi may appesr. snd ead+ and ~wry
` p+d~ PolitY shall bs prornptly assiprwd snd deliver~d to snd held by ssid MORTG/1GEE as iurtl~ seourity to ssW nw~tpq ~
~ less Mw~ ten (10) dsys in advsnc~ of t1r expintion of ach policy. to deliver. to sa(d MORTCJIGEE a rarnw~l tF~xeof. to~eth~?
; fw tM premtum of wch rer~ewai; and Mwm shall b~ no fin w tomado insunnos D~sad on a~y of said buil~np„ anY Mterest t1+s~Mn or
~ , put ttxreof. unless in th~ form and with tht loss psysbk ss sfonssid; ~nd M th~ ev~+t sny sum of nwnay b~oom~s VaY~abl~ ~~!t
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