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THIS 1~1DEN7URE, Made the---• 7th . . bay of ~`;y . - - , A. D. 19 ~etween
GIJY `I'. IJOI..CE and OI~~SSA DUL.G~t_ his wife ~ .
of ~L. I..~UC1~'• . County, Florida, hereinaher designated as the "h10RTGAGOR," and FIRST fEDERAL SAVINGS AND
LOAN ASSQCiAT10N OF INDIAN RIVER COUNTY, a corouratiun or~anized and existing under the laws of the UnEted States ot America
and having its principal place of business in the Ciry of Vero Beach, Indian River County, ~lorid~, herein~fic r designated as the "MORTGA~EE."
WHE Q~,the MORTGAGOR is justly~in~q~d I~the MOR7GAC,EE in the sum of TWn T~OUSc'~11C1, Eight Hundred
anCi nQ txJ ~ s ow, ~ do~~~~y and lawful money of the Ursited $tates advancecJ by the
MORTGAGE unto the MORTGAGOR, as evidenced by a certain promissory note of eve~~ d3te herewith, of which the following in words
and figures is a true copy, to-wit:
7
3 ~Q~. QD No.
Vero 8eath, ~lorida, ~ay ~ t - . . i 9 65
Fcr value received ! or we j~intly or severall~r premise to pay to FiRS7 FEDERAL SAVINGS AND LOAN ASSOCIAT~G~1 OF INDIAt`
RIVER COUNTI', the sum of g 2~ OQ-_ , at its office in Vero Beach, Florida, with interest at the rate ef __6' -
per tent per annum, in the follawing manner:
~Q..~ upon the first of each and every month hereafter until the full printipal sum, with interest, has been paid; said
monthly payments shall be applied first to the payment of interest on the unpaid balance, and then to the payment of principal.
This note is negotiab;e and if default in payment occurs, may be placed in ths hands of an attorney ai law for collection, +n whicti
event 1 or we agree to pay the costs of collection, including a reasonable attorney's fee, and each of us, whether maker, guaranror or endcrser,
hereby- severaliy waives deman~, notice of ron-payment and protest of this note.
~S~~iUY ~1'. _~OIC~ - - _ _ . (SeaD
~ s Odessa DolCe _ csea~~
~ f- - - -
In the event any payment is n~t made prior to the 20th day of the munth when due, then this note shall bear interest at the rate of
8.4 ~:16 from the date any sucl~ payment became due a~d throughout the period of such delinquency.
State stamps paid and cancelled on original of this note in the amount of _ .
NOW, THEREFORE, the MORTGAGOR for the purpose of securing the payment of the said sum of S.?a-800•-~------ - end the
performance of the covenan±s znd agreements here~nafter expressed, and for divers goc>d and valuab~e considerations, by these presents, dces
grant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE its successors and assigns, all that certain lot, piece or parcel of
fand, situate, lying and being in the County of SY. _ LUCle _ _ and State ef Florida, described as fol{ows:
Commencing at the Southwest corner of the North 30 acres of the~'V~' 1/~
of the NE 1/4 of Section 30, 'I'ownship 3~ South, Ran~e 40 East, and run North
on the West line of said N4V 1/4 of NE 1/4 3U0 feet to the point of be~;inning,
thence run East parallel to North boundary line of said NW 1/4 of NE 1/4
210 feet, thence run North parall~l to W~st line of said NVJ 1/4 of NE 1/4
; 10~ feet, thence run West parallel to the North boundary line of said NW 1 j 4
of NE 1/4 210 feet to West line of said NW 1/=~ of NE 1/4; thence run South
' on West line of said NW 1/4 of NE 1/4 105 feet to the point o k~e~inning.
, ItECET1~Ep: IN ~AYM'cN70F?AXL~B
DUEDN C1A55~C' ~NtAl1GIBLE rERSONAL Pi2JPERTY.
~URSUANT TOCNAPTER 20724, Ac7K OF 1Gl1,
; ROGER POITRAS, Ct~rk Grcvit C-urt
I as Aqent for CUSTIS M. JAM.'S
f yi. ~ ~ounty Tax Colleclor
8y~_~~.~~
DEPUTY CLERK
together with all and singular the tenements, hereditaments and appurtenances thereunto belonging or in anywise appertaining thereto, and
ail rents, issues, proceeds and profits accruing and to accrue from said premises, all of which are included in the above and f:,regotng de-
scription and habendum.
TO HAVE AND TO HOLD the above described and granted premises unio the said MORTGAC:EE, its successors and assigns forever.
And the said MORTGAGOR for_~elT___heirs, exeCUtors, administrators and assigns, hereby c~venants with the said MOR'I'GAG~E, its succes-
sors and assigns, that .~e~!--are - lawfully siezed of the said premises in fee simple; that the same are free, clear and dis-
their
charged from ail liens and encumbrances in law or in equiry, and that the.y will and _ heirs shall warrant and
defend the title to the same to the said MORTGAGEE, its suecessors and a:signs, forever against the lawful cfaims and demands of all persons;
PROVIDED, ALWAYS that if fhe MORTGAC~R shall pay unto the MORTGAGEE the prom~ssory note hereir.before described, and
shall truly, promptly and fully perform, distharge, execute, complete, romply w~th and abide by each and every the stipulations, agreements,
conditiors and covenants of said promissory note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be
null and voirl
IT IS Ui ~DERSTOOD that the word "Mortgagor" whether in the singular or piural anywhere in this Mortgage, shall be singular if one
only and shall be plural jointly and severally if inere than one, and that the word "7heir" as used anywhere in this Mortgage shall be taken
to mezn "his," "her," or "it<," wherever the context sc implies or admits. Also, that wherever there Ss a reference in the covenants and
agreements herein contained to any of the parties hereto, the same shall be censtrued 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 and that the covenants herein
tontained shall bird and the benefits and advantages inure to the respettive heirs, legal representatives, successors ard assigns ef the
parties hereto.
And said Mortgagers, for themselves and their h~irs, legai :epresentatives, successors and assigns, nereby j~intly a~d severa!ly covenan;
and agree fo and wi±h the said MORTGACEE, its sutcessors and assigns:
l. To pay all and singular the principal and in:erest and the various znd sundry sums of ineney payable by v~rtue of said promissory
; note, ard this mortgage, each and every promptly cn the days respectively the same severally b~come due.
~ 2. To pay all and singular ihe taxes, assessments, levies, lia~ilities, obiigations and incumbrantes of ever~ nature and kind now Cn
said described p:operty, er that hereafter may be imprsed, suffered, placed, (evied, or asse>sed therzcn or !hat hereafter may be levieu or
assessPd u~cn th~s Mortgage, or the indebtedness secured hereby, each anc! every, when due and payable according to law, be'ore they be-
cnrne ~elinc~uent, and hefore any interest attaches or any perialty is incurred; and insofar as any thereof is of record the same shall be promptly
saiisfied and discharged cf reccrd and the original offitial docum~nt (such as, for instance, the tax receipf or the satisfaction paper officially
endorsPd or certifiedi shall be p?aced in the hands of said MORTGAGEE within ten days nezt after payment; and in the event that any thereof
is not paid, satisfied and distharged, said MORTGAGEE may at any time pay the same or any part thereof without waivin~ or affecting any
cp;ien, lien, equity, or right under or by virtue oi this Mortgage, and the full amount of each and every such payment shall t~e immediately
due and payable and shall bear interest from the date thereof until paid at the rate of six and~tenths per centum per annum and together
with such int~rest shall be secured by the lien of this mertgage. TI111~
3. To plece and continuously keep cn the 5uildings now o: hereafter situated c~ said ~and ard on a!I equipment and personalty c.::v-
ered by tnis mort~age, with all prerr:iums there7n paid in full, fire insurance in the usual standard policy forrn, in a sum approved ey the
~P.TGAGEE, and tornado insurance in the usual standard po!icy form,in a sum appreved by the tv10RTGAGEE, in such company or tc,m~ani=s
as the MORTGAGEE ma~ direct; and all fire and tornado insurance polities on any ot said buildings, any interest iherein ~r part thereof, in the
aggregate sum aforesaid or in excess thereof, shail contain the usual standard mortgagee clause or such other clause as the Mortgagee may
require, making the ioss under said polic:es, each and every, payable to said MOR7GAGEE as its interest may appear, and each and every
such policy shall be promptly assigned and delivered to and held by said MORTGAGEE as further security to said mortgage debt, and, not
less thati ten (i0) days in advance of the expiraticn of eacfi p~licy, to deliver to said MQRTvAGEE a renewai thereof, together with a reteipt
for the premium of such rer.ewal; and there shall be no fire or tomado ins~rance piaced on any of said buildings, any interest therein or
part thereof, unless in the form and with the loss payable as afc~resaid; and ir the event any sum of mone~ becomes payable under such
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