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HomeMy WebLinkAbout1027 • r . • . r-.. . ~.a.~• . ~ 132g2'7 ' TMis iNO~rrtv~, M.a. eh. 9~ u~„ o~ anu „ a~9 ~ ea,~.«~ r~ HATTIE CONC)LL~Y _,a s e reon ~ ( t . of._..~~....~~e Canb. F i+KN~~ftM d~i~ert~d a~ tM "MOR "~nd FIRST fEDER/1~ SAYIPK~ M!D LAMI /~SSOCIATION OF iNDIIW RIVER GOU~ aco~o~aN~on orpnlyd and ~ u~d~ t~ I~ws of tM UNt~d Stst~a of M~1u ; and Mviry In P~indql plao~ of b~ai~ in ihi Gy/ o~ V BWCI+. Ind~an RIvK Co~r~tj~. FIorW+. hK~4+~ft~ da10+~t~d a th~ ••MORTG/1GEE•• ~ ~T~~ ~ ~~,yp ~ ~T~ ~ Four Zhoueaad and N~100 - • - - - - - - - - - ~ - - - - - - • - - - (~~St.Sl~L....._1 Dollus. ~ood and law(ul earNf? of tM W+itd Sata ~dvanad by th~ MORTGNCEE unto th~ MORTC/1GOR.~s ~vid~nad by a c~sM panissorl? not~ of ~ d~t~ iwnwiM. of whlch the followtr~ in wa:~ fls~ i: ~ m~. oov~?, co.~r. . 9`~1S ~QU~.OQ ' . v«~ e.~, Fbrw., ~1..anu ~ I3 i9 65._ • . Fw vslus rocetv~d 1 or vw Iointly or sewnlly pranl~ to pay to FIRST F~~/1L. SAVIPKS M!D LA/1N /~SSOC1/1TtON OF INDIM! RIVER OOUNTY. eh~ sum of i 4a__.~~s00._.._ at lts affla in VKO 8wch. Florids. with Intaat at th~ rah of bs..6 ve? ant pe? a~~+m. ~n th~ fo~bwin~ m.nnK: _ ! ~ •~Q..QQ upon th~ fi~st of e~ch u~d waY moe~th h~aft~r unNl 1M iull prindpal wrr~, with tnt~nst. hu baen psid; saW ~ monthh? P~YR?a~b d+~ll bs +PP~i~d flrst to th~ paYn~nt of inb~t on th~ ur~psid b+~+r~n. ~rd ttwn to ih~ payn?ent of p~indPal. . TNs not~ Is ne~otiabb ad if dsisult In p~ynw~t ooaus, enry b~ P~~ in tM hardt of an attorn~y at law for aolbctio~. in whlch ' ~t 1 or wr a~ to p~y ths oosts of cdlKtion, McM+d~r~ • nao~bM atwm~r's fM, and Nch of wh~tlNr m~ku. ~usnntor or endors~. Mnby severally waives d~nwd. notto~ of no~t~p~yn~wnt ~rd p~ofrtt of thb ~wla " __..__~g,._~Hassie ~~ollv __.~.___....~.__.___.__cs..a ~j cs..n ~ . ~ ' . ~ ~ In th~ ev~nt any payrr~t is not msds prior to tM 20,~h d~l of t#» nanth wFMn du~. thsn !Ns rwro shall bwr inro~t ~t ths at~ of < 8.4~ irom th~ dab any wch payrrw~t betarr» dw and thtotyl~out th~ O~lod of sud+ dtlin~ncr. St.a sr.n~p. ww .nd csncel+ea on~ oHqnd of ew. nw. ~n th. .mounr of s~~._._..~_.. ' - NOW. THEREfORE. th~ MORTG/1GOR for iM pu~pos~ of acurirK th~ Wym~nt of tl~ taW wrn of i.-4a-~-~._~ and th~ pKionnsnos of tM cova~r~ts and sjrean~nts hsniroft~ s~d. and for diwrs ~ood and vah~abb aonsidKStlons. bf? these Pr~nts. doss ~rant, bar~+in. sell~ ro~+nis~. rolosss. cama~? snd oonfimn unto MORTGIIGEE its woasao~s and ustpr„ ~11 th~t oKtaln lot. pt~n a prrc+l of W?d, sitwte, .lyk~ and bNn~ In th~ Canty of .~.,:.~S,c,~s_ ~nd Sbb of Florld~. d~?tbsd ~ iolbws: - . . C~mmencing at Northwest corner of Lot 40, Block 3, according to Plat of Lawnwood Addition ~ to Fort Pierce, which said plat has been #iled and recorded in Plat Book 2, page 16, public recorde of St. Lucie County, Florida, and ~un South on the West boundary line of said Lot 40 a distance of 127 feet to point of beginning, thence run ~ East parallel to North boundary line of said Lot 40 and parallel ~ North boundary line of Lots 41 and 42 in said subdivision a dietance of 65 feet, thence run South parallel to West boundary line of said Lots 40, 41 and 42, a distance of 65 feet, thence run West on South boundary line of said Lots 42, 41 and 40 a distance of 65 feet to the ~ Southwest corner of said Lot 40, thence ruri North on Weat boundary line of said Lot 40 a distance af 65 feet to the point of begianing. ~ to~etFwr with all and ~utar th~ tKrn~?ts. F~a~dihrt~?ts ~nd appurtan~noa ti~wmto bdon~4t~ or h an~rwilt~ appirblr~?s N~a~to. and ~ alt rents. ~ssws. Pnoasd~ and p~vfits aouuiry and to aan+~ frcm ald pnrN~s„ all of wi~kh an IncM~cMd in tht aba~ and fcn~oln~ d~- scription ~rd h~b~Klum. ' . TO t1AVE~/WD TO }IOLD.th~ sbaM ~desr~d and ~rant~d p'~mia~ unto !h~ aid MORTCJI~CEF. Hs a+oou~ors and asiip~s faw~. , Md ths saW MORTGACOR for ~'16Y' ,~..t~ admWshaMrs and sui~s, l~rb~? oo~wn~nb with th~ taid MORTGACEE. Ns woas- ~ , son .na .ssl~ns, thst~~ i~ Iswtuly si.s~a of tfi. uw orwd.a in f.. simpl.; d,.t eh. sam. a.. fro.. cleu .nd ~s- ~ : ati.~~ad f~m .u ~le~ ana «~a.r~br~ M i.w a k~ .q~+~a. a~,a th.r she wl~~ a~,a h~C~_ haR sh.u ~~nsnt .~a 1 defend ths Ntls w the same to tM sald MORTGAiGEE. Its wooasors and asd~ns, faw~ ~atrnt tiw lawful eWms and dsrrwds of all p~rsoes: PROVIDED, /1LWAYS that if ths MORTGIIGOR shdl p~y unta th~ MORTGACEE th~ p~antssory ~wt~ harrlnbefor~ desuibed. and shall truly. P?~+Prb ~~~Y P~~, d~scwrp. nosa~b. oomPbls. comD~Y with and abtd~ b~r e~ch and ~y tM stlpulations. K~ea+nant~. conditior~s and covenants of sdd pt~errdssory nots and of tNs Mortp~t. tMn tfifs Mortpp and th~ Eshit iw+~by tnated sF~p cesss snd M rwll and wi~f_ ~ ' 1T IS UNDERSTOOD that tM word °Mort`ata" viA~etl~er In th~ sin~ular or pkKal any~whsr~ In thh Mort~p. d~sll b~ sineubr tf ar ' only and ahall be plunl jolntly and sevenly if naro tfw~ ans, and tF~st ths w~ad "Thsir' as used anywF,sr~ In this Mort~e shall bs tsken ~ ( to mean his,•• her. or its. wherevar ths oontext so impltes or adn~its. /1b~. th~t wh~rav~ tMro Is a tifera~ce in ths aovenants and ~ sgreen~ents haein tontained to amr of ths partlas herow. tFa ssm~ st+~ll bs oonstrwd to nMan as wsll as the hstrs, I~al repnesentatives, sut- casors and assigns (either voluntary b~r sct of the parHes or Inwlv~hry bY opsntion of th~ bw) of ths ssms ud tint the coranants hercio oo~tained shall bind snd the bernfits snd advsnhtas inun to ths rospectivs hslrs. bt+l rapnsonhNves. wooessors ard miBns of ths . pdrties hereta . k?d ~~d tvto~~go~. for thertiseMss srd tt~Mr helrs. le~sl representatives, woc.essors and assipis„ hereby jointly and sevenlly cov~ant snd sgree m and w1tF~ the sstd MORTGACEE, its suocesso~s and sssi{ns: 1. 7o psy stl and sin~u4r ths princtp~( and interest and the vsrious and s~ridry wrns of moneY W1nbk by vlrtus of said promltsory note. and thts mort~ags. escb and every pranpty on ths dsys ~apsctively the s~ms sever~ly b~ooo~e dus. 2. To pay all and singular ths hxa, usecsma?ts. I~vles. IlabiQtNs. obllptlans ~nd Inaanbranoes of ~vsry titurr and kGd now on sald described property~ or tiwt heresft~r tnay b~ tmpoMd. w~ffirrd. Plat~d. 1wMd p ~ss~ss~d tMreon or fh~t hensfter msy b~ bvied or aa~ss~d u0~ thls Mort~~e, o` th~ Ind~bude~sss s~a~nd I~e'~bY. Meh and~wry . wFrn due and payabk aaadln~ w bw. b~for~ tFwy ba cans delinquent. and befors any I~terost attad~es orarry penslt~r b incurnd; and i~ofsr u sny tMreof Is of reoad tFa srrw shsll bs pranptly . satisfied and disdurged of reoord and ths o~i~ind oH ~aitl 1 dotun+a~t (such as. for Y~t~o~. tM tax no~ipt or Hr s~tisfaction psp~ offidally ' adased or certifiecD sh~ll be plaosd in th~ Frrds of s~ld MORTGAGEE wIM~4~ hn d~ys nnct after pa~nteat: ~rd In~th~ ~vent tl~st any thenof ~ny ~w Is not paid. sati~fied ard disdw~~ed. satd MORTGA~CEE rnN ~t any tim~ p~y th~ s~nr or part tF~ueof without walvkq or affKtlnt anf? option. li~n. ayuib, or ~iQht und~t or b~? vlrtw of thb Morepp. and tht full amour~t of ~ath ~nd awry s~xh p~perwnt styll b~ Itrrndl~teiy due and psyabb snd sh~ll bes? Int~nst fran th~ dab tFwtwf unM( W Id ~t th~ r~t~ of tlx ~nd slx-tenths pe? centun per anwm sr?d to~etlrr with such interat sh~ll be sewnd by tM U~ of 1Ns mortra~. ~ 3. To plsce snd oontirwwusly ksep on th~ buildin~s now o? Mnaft~a sltwted on ntd land a~d on all e~uipn~ent a~d persa~atty oov- ered by this mortWae. with ~II pranlums tF~ereon patd in full. Nn Ins~+ranos M ths uswt stsndard poitcy fom,. in s wm approved by ths MORTGAGEE. and tar~sdo Inswu~ce ln ths uswl nandaod DdkY form. in a wn approwd b~r th~ MORTC•AGEE. ln suci+ oompanY a aompsnks as tM MORTCJ4GEE msy dlnct: ard all fin ard to~nsdo Mwrana Polid~s an any of s~Ie buildln~s. ar+Y int~nst thsrrin or p~art M~eraof. In th~ a~reQate sum af«rsaid a N exoess eMnof. stiN contafn ths usu~! stsrd~~d~rt~ap~ clMae a wd~ otha ctws~ as the Mortas~es m~1? rcqul~~, ~nskln` Nr lo~ urd~ s~ld poUtiet, ~ad~ ~nd~rw~ p~y~ TG~IICEE at its IntKast rnM appa~. weh policy sh~ll b~ proe~ptly ~ssl~d and ddiwnd to and fhsid by aaid MORTGIIGEE a~ firefr? t~an~ity to said nwrtpp debt, and,~not leu than tan (10) d~ys tn ad+nrw of ths ~apiration of ~ch polky. eo ddlv~? to tdd MORTGIIGEE a rw+~rwl iMnof. to~ethsr wfth ~ roc~ipt fa th~ pmniun of wch re~svral; and t1w~ ~?sN b~ oo Hro o? torn~do inaxana placed an xry of ~atd but~. anY interest theneiR o?_ part thsrwf~ unla~ in ths fonm snd with the lo~ psyabb ss aforaald: ~nd N th~ ev~nt an~r sirr? of mawy b~oo~na phrsble urde~ wd~ ~irt~-zst-~w-s~~t ~ 0. Q. ~ t; . • 80;,II ~U~ iAt:? ~