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5~1 H November A~ ~y ~5 .~t„~,,,
TH15 WDENTURE, Made the . - _ Day of - - _ . _
JUHPV ~~UBR~Y COaK and EUNICE F. 1;00K, his wife
St. Lu~ie
of Counry, Florida, hereinafter designated as the "MORl`GAGOR," and FIRS'f FEUERAL SAVINGS AND
LOAI~ A550C:IATION OF IN[31AN RIVER COUNTY, a corporation organixed and existing under the laws of the United 54stes of America
and having itsprincipal place of business in the City of Vero Beacn, Indian River County, Florida, hereinafter desig~aled as the "MORTGAGEE."
Oj~T R is ustl in e ~ the MORTGAGEE in the sum of ~~nty-One Thousand and
5ix Hun~~~~1~t~ ~o g~ -
_ _ _ _ _ . ! _ -_--~(5~~~. .(1LJ.__ Dollars, good and lawful money of the Unit~d Stafes ssfvanced by the
MfOR7GAGEE unto the MORTGAG012, as evidenced by a certain promissory note of even date herewith, of whlth the following in words
and figures is a true copy, ;o-wit: Cj4~~
~ 21, 600. 00 No. .
-
Vero Beach, Florida. . November 5~ _ ~ q 65
~or value received ! or we jointly or severally premise to pa}~ to FIRST FEDERAL SAVlNCS AND LOAN ASSOCIATION OF INDIAN
RIVER COUNTY, the sum of b?1~ 60~. ~ _ , at its office in Vero Beach, Florida, with interest at the rate of- b! ~
per cenf per anr,um, in the following manner.
s Z16• ~ . upon the first uf aach and every month hereafter until the full principal sum, with interest, has been pafd; said
mcnth'y payments shall be app!ied first to the payment of interest on the unpaid balante, and then to the payment of principal.
This note is negotiable and if default in payment occurs, may be placed in the hands of an attorney at law for collection, in which
event I or we agree to pay the costs of collection, including a reasonable attorney's fee, and each of us, whether maker, guarantor or endorser,
hereby severaily waives demand, natice of non-Davment and protest of this note.
/s f
john Aubrey Gook . . _ ._cs~,n
_~s jEunice F . _ C ook- - - - -«,i~
In the event any payment is not made prior to the 20th day of the month when due, then this note shall bear interest at the rate of
8.496 from the date any s~ch payment became due and throughout the period of such delinquenty.
State stamas paid and cancelled on original of this note in the amount of $ 32• 4a
NOW. THEREFORE, the MOR7GAGOR for the purpose of securing the payment of the said sum of 521~~6~•-~~- and the
performance of the covenants and agreements hereinafter expressed, and for divers good and valuable considerations, by these presents, does
grant, bargain, sell, remise, release, convey and confirm unto the MOR7GAGEE its successors and assigns, all that certain lot, piece or parc~l of
land, situate, lying• and being in the County of St. L'uCle - and 5tate of Florida, described as follows:
The South 210 feet, LESS the West 170 feet of that pa:t of the Northwe~t 1/4 of NW 1J4 of
Section 21, Township 34 S~uth, Range 40 East, lying West of F. E. C. Railway; said land
lyin~ and being in St. Lucie County, F1 orida;
Beginning at the Northwest corner of r_he S~'V 1/4 of the NW 1/4 of Section 21, Township 34
South, Ra*~ge 40 East along the North line thereof 90 feet for point of beginning. From
said point of beginning, continue along said North line 2$S feet more or less to the West
right of way line of th~ F~oricfa East Coast Railway; thence turn and run Southeasterly along
said West right of way line 323 feet more or less to the ~ntersection of the North rnght of way
line of Torpey Road when prajected to the V~%est right of way line of said Florida East Coast
Kailway; thence turn and run West 387 feet more or less along the North right of way line of
- Torpey Road azd its proj ecti on to a po~ nt 100 feet East of the intersection of the North right
af way line ~f Torpey Raad and the Vl~est line of the SW 1/4 of NW 1/4 of said Section 21;
thence turn ~nd run Northerly 310 feet more or less to the P. O, B. , TOGETHE R V~ ITH
all of the furniture, furnishing~, fixtures, appliances and equipment now i~r the buildin s
1ocated on th~ bove descr~~d~roper~y and ~~yhich ma~ ~iereaft~r be ~lac~d in the buil~ngs
Iocated on saicf pro~erty w e ny su _ remains unpai ereun er.
together N-ith all and singular t e tenements, hereditaments a~d appurtenances thereunto belong+ng or in anywise appertaining thereto, and
all rents, issues, proceeds and profits accruing and to accrue from said premises, all of which are included in the above and foregoing de-
scription and habendum.
TO HAVE ANb TO HOLQ the above described and granted premises unto the said MORTGAGEE, its successars and assigns forever.
And the said MORTGAGOR for _thel~ heirs, executors, administra4ors and assigns, hereby covenants with the said MOR7GAGEE, its sutces-
sors and assigns, that th~Y are . _ Iawfully siezed of the said premises in fee simple; that the same are free, clear and dis-
tharged from all liens and encumbrances in law or in equity, and that CheY wili and __.the~r _ heirs sha11 warrant and
defend the title to the same to the said MORTGP.GEE, its successors and assigns, forever against the lawful claims and dema~ds of all persons;
PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore described, and
shail truly, premptly and fully perform, discharge, execute, complete, comply w~th and abide by each and every the stipulations, agreernents,
conditions and covenants of said promissory note and of this Mortgage, then tFiis Mortgage and the Estate hereby created shall cease and be
ruli and eoi~1
IT IS U~~bERST000 tiiat the word "Mortgagor" whether in the singular or piural anywhere in this Mortgage, shall be singular if one
on';~ and shaU be p!ural j~intly ~nd severally if more than one, and that t!~e word "Their" as used anywhere in this Mortgage shall be taken
to ~i;ean "nis," "her," or "its," wherever the context so impiies or admits. Also, that wherever there is a reference in the covenants and
agreements herein contained to any of tne parties hareto, the same sha II be constru°d to mean as well as the heirs, iegal representatives, sur-
cessors ard assigns ieither voluntar; by act ef ;he p3rties or involuntary by operation of th~ law) of the same and that the covenants herein
ccrtainc~_i s^a'I b~r,d and the benefits and advantages inure te the respective heirs, legal representatives, successors and assigns of the
parties hereto.
And said Mortgagors, for themselves and their heirs, legal represen~atives, successcrs and assigns, hereby jointly and severally covenant
and agree to ard with the said P~SORTGAGEE, its suctessors and assigns:
l. 7o pay all and singular the principal and interest and the various and sundry sums of money payable by virtue of said promissory
note, and this m~rtgage, each and every promptly on the days respect~vely the same severally become due.
x 2. 7o pay all and singular the taxes, assessments, levies, liabilities, obligations an~ intumbrances of every nature and kind now on
said de~cribed property, or that hereafter may be imposed, suffered, placed, levied, or assessed thereon or that hereafter may be leviPd or
asse~sed upon this Mortgage, or the indebtedness secured hereby, each and every, when due and payable according to iaw, before they be-
come delinquent, and befure any interest attaches or any penalty is incurred; and inso`ar as any thereof is of record the same shall be proihptly
satisfied and discharged of record and the original official document (suth as, for instante, the tax receipt or the satisfattion paper ofticially
endorsed cr certified) shall be plated in the hands of said MORTGAGEc within ten days next after payment; and in the event that any thereof
is n~at paid, satisfied and discharged, said MORTGAGEE may at any time pay the same or any part thereof without waiving or affecting any
option, lien, equity, or right u~der or by virtue of this fVlortgage, and the full amount uF each and every such payment shall be immediately
due and payable and shall bear interest from the date thereof until paid at the rate of six and six-tentns per centum per annum an~ together
with such interest shall ba secured by the lien of this morigage.
3. To place and tontinuously keep on the buildings now or hereafter situated on said iand and on all eGuipment and personalty cov-
ered by this mortgage, with all premiums thereon paid in full, fire insurance in the usuat standard po!ity form, in a sum approved by the
MORTGAGEE, and tornado insurance in the usual standard policy form, in a sum approved by ti~e MOR7GAGEE, in suth company or companies
as the MORTGAGEE may direct; and all fire an~l tornado insurante policies on any o~ said buildir.gs, any interest therein or part thereof, in tfie
aggregate sum afores;~id ar in excess thereof, shall contain the usuai standard mortgagee clause or such oth?r clause as the !vlortgagee may
require, makinq the loss under said policies, eacn and every, payaule to said MORTGAGEE as its interest may appear, and each and every
such policy shall be promptly ~ssigned and delivered to and held by said ~tORTGAGEE as further security to said mortgage debt, and, not
less than ten i10) days in advance of the expiratio~ of each pality, to deliver to sa+d tv10RTGAGEE a renewal ihereof, together with a reCeipt
for t~,e premium of such renewal; and there shal! be no fire or tornadn insurance placed on any of said buildings, any interest therein or
part thereof, unless in the form and with the loss payable as afaresaid; and in the event any sum o' moncy becomes payable under sueh
FFIRG-251-i M-10-63-M
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