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HomeMy WebLinkAbout1153 t No. VERO BEACH, FLORIDA, _ , 19 For ~ alue recPived, underaigned jointly and ae~~erslly promise to pay in law•ful mo ~tiited States of Amen'c~o 'i`HE INDIAN RIVFR (rI~RUS IiANK or order, at its ottice in Vero Beach, Florida, the sum of DOI~I.ARS in installments as folluws: _-_j~_- Monthly payinant ~w and paymenta e~_ _ -~1= commencing _ with Interesc ~fter maturit~ at ehe rst~ ot. t~n ver cent per rnnua? untp paid. ln ew cb~ wid in~t~limenb, or ~n~ ot them. ac~ aa p~W wb~n dw. tM ~hole ot axM sum then remainina unMaid ~haU to~thwit6 6eoorne due aad Dafrble ~t tM option ot th~ lwlder of thi~ aot~. Aad it b ase~ed e1 all DaKie~ IlRble herotor or l+enon ep4G ~hould tSi~ note be oollected L~ ?nai DroaM oe bs atwrae~. W pa7 ~11 ca~u oi t6~ ~amr and w r~wsa~aDk ~tlon ney'~ fee. 'I'hr bank aR.~htefi t1~fi aote ir pwrDle is hereb7 wthoriwd w aDDiy on or alter m~turitr. to ths pr~ment ot tlsi~ d~M aa7 tuads ta wid bank belOnyin` OD tbe mricer, ruret~, ~ndorM~. suarsnWr or ~nr one ot tham. And cacd aC us, whetMer eoaker, sunt~. `uuaator or tedoner. nerebr ~evenli~ wa~vea all ris6u at ~e~te~d e:emption, and o! Dt'~'K"o~ent and demand for pa~nent, prote~t, notice of protest aad notlce ot disAonor, and eonsenu that thi~ not~. or an~ p~ri Serwt, ma7 ba eztendrd ~rithout turther notiee. Address:_._ - _----.~(S~AL) ~ ft- ti~~~-- - SoI: C. ESTl~t ---------(SEAL) CHATT~:I. '_1rO~:TGAG~ xNaw ALL MEN 61' TEiFSE PRLSEN73. ~rn.: Ha~tY C garrett - ~ ut [he Cic~ of ~dCt Pier , and Co~nt~ of $t• ~~Cie_ ard 8t~t~ ot Florida. hereinofter ca~lad Borrowar, fex xcurinq t1+~ payment of muney hereinafttr mentioned and in furiher considerotion of tt+e wm of Ten Dollon (510.00) orrl other voluable co+u~deretions duly pa~d by THE INDIAN RIVER CITRUS BANK, o Flwido Bonkin9 Corporation, _Domiciled in Vero Beoch, Indian River County, Florida, hercirwfter tolkd Bonk, of or before the ensealinp ond delivery of these presents the rete~pt whereof is t*erebY ocknewledQed, hus gronted, bnrfloined, soW, ond by ihese presenta daes Oront, bor9ain, sell wid ronveY +~~to The said ~ank, its wccessors and ossiyns, ihe followiny described propert~y, ot whicfi he is the lawful owne~ ond in unQuat~fied possession in ffie above county and stote: 17 ft. Aztec boat Fiberglaas 1960 1- 60 H.P. Scott outbaar~or Model 60 Boat trailer 4R ooK F `,~`t _-1-? ° - . 1.~,.,-. :,;_..~«a3 :i::c.~+ . . , ~.f~,~ • ~ ~ • 21 . -.~i;~,;:.. . - ,.i c:: :r~~s~ t ~ ~:r ~ • '-~~~;~'-~-~L+~rs-- 13 ~ . , . ~65 ~rl~ . . •y`• . S;1-~ ' ,z, ~ ~ ~ • 70GETHER with all partc., eOuiRTnpAt+ a ~riAs~ now a hereaft~r att~cMd to or conn~ct~d with said propMtr• ~ ~ ; i,~',' . TO HAVE AND TQ,.}IQ~~~iA{a~~'rti~l~~id P~~~ P~~rty sbow bare~in~d and sold. or int~ndtd so to be. wMo thl ~id ~ihlL,ltf tutcesson and - assiQns forever, r'., G~ ~Cj`~ : • - ~ ` ~1nd ihe ssid Borrowed ovena s~yir~A'asid B+nk, its succe~so~s uid a~si~ru, th~t said parsonal prnptrty is frse from al}:encuirbt~iV~.'li~r~ #td atl- = verse claims, ihat he is the owner snd hu QooC riehf to sell ihe snme u aforesaid, and that he sh~ll and w~ll wxrant ~nd defend'thr,s~w~R pnrb 6aAk. - its tuttessors and tssiQns, agsins! thc lawful claims of eadi and every person, or PQrtorn whomsoever, th~t he will, durin~ the tGftilSysnt! Fereofr,; ~tM~. : mortQs~ed proverty in good condition and reDa~r; tha* he wi~! Dtace, pay ta and continwuslY ke~p the said perwnal property ~fassNd.irgnrqd'sti~raf.iQ~c~bjr ~ fire, theft snd collisiw+, in the usw! standard policy fwms, in s sum of not less than the amouM of indebtedness herein secured irv.suCM toA~h~Q~ ~aL` pan~rs, as may be app~oved by said Bank, and such policy, a policies shall contain the uswl sfandxd morteaQe clsuse mskir.r lo'ss• unAar }aid `~pliey,- or poliues, payable to said 6ank as its interesis may sppear, s~d shall promptly deliver said policy, w policies, to~ether with roceioMd bill SVc premium to s~id Bank. PROVIDED ALWAYS. and ihese presents are upon ihe express tondition ihst if ihe said 8orrower sh~ll well utid truly psy unto said 9snk, its succcssors and nsi~ns, the a~Qre¢ate sum of_ N1II8 Hundred Twenty-four and 00/100----"---~~""°~~~~~~~~~~~~~~-~-- Dollars, repreunted by one (1) promisswy note of even dats herewith, executed by Bwrower, payable in monthly instsltments over a period of ~L months from date, made payable to said Bank by ihe Barower, said note beinQ the uswl ir~stsllment fam note in use by th~e 8ank, as ~+ell as all eatensions and renewals of said note w notes, in whcrle or in Dart. and ~ny note or notes taken in sddition or amendment thereto, or in lieu thereof, whether upon like terms arW tenor or otherwix, and also sll experne: that may u ahali accrue in the event of the foreclosure of this morfQsQe. reasonable attorneys' fees and costs of court inclucfed, then fhese presents shs~l be void; otherwise to remain in full fwce snd virtue. And the said Borrower does covenant and agree to and with the said Bank, its succeswn and assiQrn, that in csse default shal: be made in the pay- ment of said sum above men~ioned or any instalment thereof, w in ihe Dayment of the whole n~ sny D~1 of t?x interesf theroon at ihe times rnd in the manner Provided in said promissory note: or in case the said Borrower shatl remove the ssid goods, chattels snd personal property w sny of them without written cermission of said Bank; or permit o~ suffer any attschment or o!her prxas to be levied upon said property or any part thereof; or permit or wffer any iudament to be entered up against him, then the said aggregate sum of money herein mentioned sh.all become instantly due and payable at ths option of said Bank, and then it shall and may be lawful for ihis murtgage to be immedistely foreclosed fw the whole of said money, interest, costs, fees, chsr~es and expense: aforesaid; or it may at its optian, and it is hereby ert:powered so to Co entcr upon the premisrs where the ssid mortgage vehicle w property may be and take possession thereof; ard remove and sell and d~spose of the same at piblit or private sale without any previous demand of performance or notite to rhe bo!ruwer of any such sale whatscever, notice ot saic and demand ot periorn•ance and every othrr notice or demand whatsoever being hertby expressly waived bv said borrower s~d from fhe proceeCs ot sale reta:n alt costs and th~r~es inturred by it in ihe said taking o~ sale, intluCing reasCnable attorney's fees incurred; also all sun,s due from borrower to Bank ancl inte+est thereon, and sny wrplus of such proceeds remaining shall be pa~d to the bwrower, or whcever mav be tawfully entitled to reeeive the same; if there tre a deficit, rt! borrawer a~ets immediately +o Oay the sa+ne to 8ank. _ That in the event at the beginning of or at any time ~.en.'+ing any su;t ~n this mortgage, or to foretlosm it, a to rcform it, snd/or to enforce pey- me~t of any claims hereunder, said Bank may avv~Y to the Court having Jurisdiction thereof for the appointrrxnt of a Receiver, such Cour! shetl forthwith appoint a Receiver of said mortgaged v~operry all and sinRulsr, without notice, for ihe Durpou of preserv~ng said property during the pendency of aaid fwe- closure proceedinRS, and such acxinfinent shall be made by such Court as an 2dmitted equ:ty and a matter of absolute right to ssid Bcrrower and without refererxe to the said adequacY ar inadequxy of the value of the property mortQsged or the solventv or ir~solvency of said Borrower and/w the defendantx. it t+einR exoressly understood and agreed ihat sa~d nroperiy deferiorates ihrou~ usaRe and that the purpose of the sppo;ntment of such keceiver ic to hold sald property intact and save same from deterioration du~ing the progress oi fordosure. The Borrower agrees nof to sell, loan, defiver, pledqe, mortgage or otherwise dispose of lh~c above personal ~•~!ty. ~nd aa•ees to keep saed property free from all taxes. I~ens, encumbrances, and aarees not ta use the same illegally, improper~y or for hire; ar re~»ove same from tha County aforcsafd, or purchase under contratt retaininA title from any ihird Darty equipment or accesscries to be alTSChed ar to be used with said proPerty without the written consent of t~x Bank. A violation of this clause, or any of the foregoing provis ons herein shsll, at the option of the Bank cause thc indentedness herein secured to become immed~a~ely due and Doyable. It ~s understood and astreed that all remedies atiowed fhe mortgagec unier the law and under ihe terms of this rtwrtgage are and shall be concurrent and cumu3ative and may be exercised and enforced as hereinabove and by law prorided. The tovenants of this mortgazz shall bind the bcrrower, his heirs, ezetutors and ass~gn>: if more ihan one join in th? execut~on of th , in<fru~»~nt a; Borrcwer, or elther te tx of the feminir~ sex, or a corporation, the prorwu~s a~'~d re!ative wo~ds herein used shall be resd as if written in plurai fem nin or neuter, rtsplctivlly. ~ IN WITN~SS WHEK~AF, the Borrower has hereuntn set his hand and seal, thi~. .---~_day of--11~tC~her 196_~ at the City of 4'ero Beaeh, C:ounty of Indian Ri~•er, State of Flo~'d . C ~ Sianed, sealed and del~~~ered ~'LZ /`~LC~~ _(SEAI.) in the presence of: - en . t3rreft - _ ~ ~~~-c.c-c~ ~ . l. ~z~. _ ~___~rSEnL) _ ST'ATE OF FLORIDA, ~ COUNTY OF INDIAN RIVER . Personally appeared before rn~e~ ~ ~ "----~r "~--GT.Ba~~~e-~~ - ~ to me well known as the indi~i~iT~-:descr's~e~d~ur'an~ who executed the foreaoing instrument, and acknowledged that -lhe~ executed the sume for the parpo,ye' Lhci'ei~n Ffpres5ed, whereupon it ia prayed that the same may be recorded. Ih' ~VITNESS R'HERE~Iz-Z:t~YF~to xRiied~ my hand and seal this- _~_~daq of__ -OCtflber ~ _ , . A. n. 1 J_ r . ' ~ j c.cc~ _ f, - ~~-1-~ , ^~t~~~~~..,• _ ~ - ~O - • rge so~w t~ - SM-9-M-A yfy commfssion ezp~tea_ ~~es Au~t:st 21, 19fi~ - - - _