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HomeMy WebLinkAbout1476 . 1 ~3,3~~~i~'~ ~F` TNIS INDENTURE~ Made th~ ~rJ~ Oay of------•.~tQ~..r A. D. 19 b~., bKwMn . .~.I~MUNi?11~...~A1~~._an~.~.X?RIS Mx--RA.~KE,.. his_ wife- of -~L. I.11C1~- Cotx~y. Florida. F»rtinifrir dai~r?ated ss tha "MORTGAGOR,'• and FiRST FEt)Eit/~?L SAVINGS Mlb LOM1 ASSOCINTION OF INDt/4N RIVER COUNTY, a corporation or~ani:ed snd existin~ under the laws of tM Unit~d Sbtes of Am~~icr ~nd having ih principsl pisce of bus{ntss in the Ciy of Vero Beach~ (ndlsn River County, Florida, hereirufter desiQnated as tt?e "MORTC,AC.EE." WH F,~ the MOR'~G/1CAR is just i tiw MORTGAGEE in the sum of__ Five Thousand Five Hundred _ ~ 3I1C~.I1~L1 l!L!_."-".-.--:'.-~.-_-.. (i ~t- Doltars, gaod and lawful monay of ths Unihd Shtp advarvc~d Dy tM MORTG/1G E unto the MORTGAG4R, ss evid~nced by s certain promissory note of even date herawith, of which tha followin~ in wwds and fi~ures i5 s truC COpy, ~-W;t: 945'7 s .5.~(.)O...OQ N~. - _ . V~ro B~ath, Florida. - - - ~GCO~Y' I rJ ~ - 19_65 For value received I or we joir~tly or severolly promisc to pay to FIRST" FEDERAL SAViNGS AND LO/1N /1SSOCIATION OF INDI/W RIVER COUNTY, the sum of 4.~~ at its office in Vero Beach, Fiwids, with (nterest at the rate of____.6• 6___.__ _ per cent per s~~um, in the followinQ manner. ;~._QQ__ upcsn the tirst of eacfi and every month hereafter until the ful) printipal sum, with intareat, hss been piid; ssid ma~thly payments shall be appiied first to tfie payment of interest nn the unpaid balance, and then to the payment of principsl. Th;s note is negotiable and if default in payment occurs, may be placed in the han~s of an attorney at law for coilection, in which event I or we a~ree to pay the costs of Co!lettio~, including a reasonable attarney's fee, and esch of us, whether maker, guarantor or endorser, hereby severally waives ckmand, notica of non-oavment and protest of this note. ~s/Edmund M._ Radke- - -----cse.n /~~L?Qr.is_ M.__Radke..--- -----------------------------cs~n In the event any payment is not made prior to the 20th day of tfie month when due, then this note shall bear interest at the rate of 8.4 q(> from the date any such payment became due and throughout the period of wch de~inquency. State stamps paid and cancelled on original of this note in the amount of s._~,~~5,..,._....-._._., NOW, TFiEREFORE, the MORTGAGOR for the purpose of securing the psyment of the said sum of ;~ts~~ snd the performance of the covenants artd agreements hereinafter exprassed, and far divers gaod and valuable considerations, by these presents, does grant, bargain, sell, remise, release, tonvey and canfirm unto the MORTCAGEE its wctessors and assigns, all that teRain lot, piece or parcel of land, situate, fying and boing in the Counry of St. LUCIe and State of Florida, described as follows: Lots lU and 11, Block 3, FORT PIERCE HIGHLANDS UNIT NO. 1, as per plat thereof filed in Plat Book 10, page 29, public records of St. Lucie County, Florida. . G, G ~ ~ RECE11/Eb ; / IN PAYMEli7 0~ 7A7([S ~ ~ f ~ c r ~ ~ J ~ ~ ~ A DUE ON CLA5S'C' INTAIIGIBLE l~ERSONAI PRO~ER7Y. PUR5UANTTOCHAP7ER20721,ACTSOF 1941, L]i ~ DOCUM~NTA~`-'_,STAMP iAx ROGEtt POiTRAS, Ckrk Ctrc~nt Coert ~ z -`-'-''';v as Agrnt for CURi15 M. ,lAM~S J~ _ QCT21'65 _ ~ o ` ~z~.it~,~~ ~ $ 2 5~ 5t. I~ci~ CauMy tax ColtecMcr cn cou~r~o~~~r~~~,..., ~ _ ~~l!9~ ~g.l?Oii4 ~_so~~.~'___.- Br DEPUTY CLERK together with sll and singular the tenements, hereditarrnnts and appurtenances the?eunro belonging or in anywise appertaining thereto, and ail rents, issues, proceeds and profits accruing and to actrue from said premises, all of which are included in the above snd foregoing de- scription and habendum. TO HAVE AND TO FiOLD the above described and grante~ premises unto the said MORTGAGEE, its wtcessors and assigns forever. And the said MORTGAGOR tor_~e1~__heirs, executors, administrators and assigns, hereby covenants with the said MORTGAG~E, its sutses- g ~le are .lawfully siezed of the said premises in fee simple; that the same are free, clear and dis- sors and assi ns, that - .Y-.. charged fram all liens and en~urr+brances in law ar in equiry, and that_.. ._.~eY_.---__ will and ............._~~~seirs shall warrant and defend the title to the same to the said MORTGAGEE, its successors and assigns, forever against the lawful claims and demands of alt persons; PROVIDED, ALWAYS 4hat if the MORTGAGOR shall pay unto the MORTGAGEE the promissury note hercinbetore destribed, and shall truly, promptly and fulty perform, discharge, executa, complete, comply with and abide by each and every the stipulations, agreements, cc,nditions and covenants of said promissory note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be null and voi~l IT IS U~lDERSTOOD that the word "Mortgagor" whether in the singular or plural anywhere in this Mortgage, shall '~e singular if one on!y and shall be plural jointiy and severa~ly if more than one, and that the word "Their" as used anywi~ere in this Mortgage shall be taken to mean "his," "her," or "its,' wherever the tontext so implies or admits. Also, that wherever there is a referente +n the covenants and agreements herein contained to any of the parties hereto, the same sha II be constrved to mean as well as tfie h~eirs, legal representatives, suc- cessors and assigns (either voluntary by act of the parties or involuntary by operation of the law) of the sarne and that the covenants he~ein contained shall bind and the benefits and advantagcs inure to the respective heirs, legal re~resentatives, successors and assigns of the partitS h~reto. Rnd said Mortgagors, for themselves and their heirs, legal representatives, wccessors and assigns, hereby jointly and several{y covenant and agree To and with the said MORTGAGEE, its successors and assigns: l. To pay all and singutar the principal and interest and the various and sundry sums of money payable by virtue of said promissory ' note, and this mortgage, esch and every promptly on the days respectively the same severally become due. ~ 2. To pay all snd singular the taxes, assessR?ents, levies, Ilabiiities, obl+gations and incumbrances ot every nature and kind now on said described property, or that heresher may be imposod, suffered, plxed, levied, or assessed thereon or that hereafter may be levied or assessed upon this Mortgage, ar the indebtedness secured hereby, each and every, when due and payable according to law, before they be- come delinquent, and befo?e any interest attaches or any penalry is incurred; and insofar as any thereot is ot record the same shall be promptly satisfied and discharged of record and the original offitial document (such as, for instante, the fax receipt nr the satisfsction pa~er offitialfy endorsed or certifiedi shall be plated in the hands of said MORYGAGEE w9thin ten days next after payment; and in tfie event that any thereof is not paid, satisfied and discharged, ssid MOR7GAGEE may at any time pay the same or any part thereof without waiving or affetting any optian, lien, equlty, or right undar or by virtw of this Martgage, and the fuli amount of each and every sucfi payrnent shafl be immedistely due and payable and shall bear interest from the date thtreof until paid at tfie rate of six and six-tenths per centum pcr annum and together with such interest shall be secured by the lim of this mort~age. 3. To plate aRd to~tinuously keep on tfie buildings now or hereatter situa:ed on said land and on all equipment and personalry cov- ered by this mortgage, with all premiums thereon paid in full, fire insurance in the usual standard polity tarrn, in a sum approved by the MOR'fGAGEE, and tomado insurance in the uswl stsr?dard policy form,in a wm approved by the MORTGAGEE, in such company or companirs as the MOR7GNGEE may dirett; a~d all fire snd tarnado irtwrante policies on any of said twildings, any interest therein or part thereof, in tFie aggregate sum atoresaid or in excess thereof, shafl tontsin the uwal standard mortgagee clause or wch other clause as the Mortgagee may requiro, making the Iasa undbr srid policies, each and evsry, payable to said MORTGACEE as its interest may appear, a~d eaGh and every such polity shall be promptiy assl~ned and delivered to ~nd hald by said MORTGAGEE as further secu~ity to said mortgage debt, and, not less than ten ()0? days in advanse of the expiratia+ of each policy, to deliver to said MORTGAGEE a ronewal theraof, together with a receipt for ths premium of such renewal; anc there shall be no fire or twnsdo inwrance placed on any of said buildings, any interest therein or _ part thereof, unless in the farm and with the loss payable as aforesaid; and in the event any sum of money becomes psyable under suCh ~F~ac-ssi-iM-ao-~-n~ ~ ~ ~Z`7 ~ ~ l BOOK ~ i..