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HomeMy WebLinkAbout2004 ~ ~ ~ ~ , ~ • t ~.,r ~ / t T~•;~; •"i~CtvTU~:E, Made the.__ ~`~I~1 . Dsy of _ . ~C~II1~T' - /1. D. 19-.6~-~ between ' 1; ~it(~!._D C~SE and EVELYN_E. CASE, . his wife _ L.UC1C County, ~lorida, hr.reinsher designated as the "MORTGAG012," and FIRST FEDEkAL SAVINGS AND ; ~/!ti ~~ATIQN O~ INUTAN RIVER COUNTY, a corporation organized and existing under the ~awt of the Unlted Ststes of Ameriu ~-3 +w.ark; ,*s princ~pa! place of business in the City of Vero Beath, Indian River County, Florida, hereinafter designated as the "MORYGAGEE." g the MORTGACAR is jus i ~~~q the MORTGAGEE in the s~m of .~V~I1 TI70_USa11C~a_.Fiye_~~~nd~. ed .3llii ?K)~~W e3~_~~~._L1U.________) Dollars, good and lawful money of the United States advanceti by the ~.x'2izTrR;,EE un;o the MOR7GACOR, as evidenced by a tertain promissory note of even date herewith, of which the following in words .~~hi ~i:u~e~ i3 a true copy, to-wit: ~oo ; ; ~ W NO- - - Vero Beach, Florida, ~C~m~r 1~1 19.h~ ~ur ~aiup received I or we jointly or severally promise to pay to FIRST FEDERAL SAVINGS AND LOAI~1 A550CIATION O~ INDIAN ~:v~F, C(iUNTY, the sum of $.~-~-5~~-~~ , at its office in Vero Beach, Florida, with intcrest at the rate of-_. ~.r.3.--- w* cent ~er annum, i^ the following manner: $.~7. ~.lv_____ _ upoe: the first of eath and every rrtonth hereafter until the ful? principal sum, with interest, has been paid; said r,on~hly- pavments shaU be applied first ro the payment of interest on the un~,aid balance, and then to the payment of principal. This note 15 negotiable and if default in payment occurs, may be placed in the hands of an attorney at law for collettion, in whith ~~~t 1 or wa agree te p~y the costs of tollection, including a reasonable attorney's fee, a~d each of us, whether maker, guarantor or endorser, hereby severatly waives demand, notice of non-payment and protest of this note. /s/Harold D. ~ase- - - - _._csean ~s/E_y_elyn E..__Case--- --cs~~~ In ihe event any payment is not made prior to the 20th day of the manth when due, then this note shall bear interest at the rate of R d 9b frvm tt,e data any such payment became due and throughout the period of such delinquer.cy. State stamns paid and cancelled on original of Phis ~ote in the amount of 5 l l.s_?!~. purpose of securing the payment of the said sum cf $_.a-.__ _ and the NOW, THEREFORE, the MORTGAGOR for the 7 5~'-~- parfo~mance of the covenants and agreements hereinafter expressed, and for divers good and valuable considerations, by these presents, dces granr, bargain, sell, remise, release, convey and confirm unto the M04TGAGEE its successors and assigns, alf that cerr~in lot, piece or parcel of Iand, situate, lying and being in the County of SC, _I..UC1~_. and State of Florida, described as follaws: ' Lot 23, B1QCk 1, according to ~lat of KILLER and DEMMER'S Subdi~~ision, wliich said plat has been filed and recorded in Plat Book 1, page =~5, public records of St. Lucie County, Florida. RE(:t!VED s~-.~-. , - - . - ~ ~F':~ E~l'- C', i _ ' • .-~:,TY. ~Al Li j r 1~~~{ .S"~~ F~Vf.`i.~.~~~ . f'....__~ r~-13 L.i ~ L • . • - ! f: C> ~ , . . . . . . r f ~ v. ~ ~ Oi ~~n~f~f r..! ~ 1 _ . , i' - - `~'i ~ ( ~ St. ltn.ie Cc.nty ~c.x C~:~ _ V1 : . . % - t7-~ .3_ _ - y ~ .o~--- U~LEiiYi~.rea togather with and singular the tenements, hereditaments and appstrtenances thereunto belonging or in a~ywise appertaining thereto, and all ren~s, issues, proceeds and profits accruirg and to actvus from said premises, all of which are included in the above and foregoing de- stription and habendum. 1"0 i-IAVE AND TO HOLD the abave descrioed and gra~~ted premises unto the said MORTGAGEE, its successors and assigns forever. An~ she said MORTGAGOR for .~lelY'._heirs, executers, administrators and assigns, hereby covenants with the said MORTGAGEE, its sutces- g ~le a~e . lawfully siezed of the said premises in fee simple; that the same are free, clear and dis- sors and assi ns, that _____y--- charged fr~m all liens and encumbrantes in ~aw or in equity, and that L}l~y- will and __~l~lr heirs shall warrant and defend the title to the same to the said MORTGAGEE, its successors and assigns, for~ver against the lawful claims and demands of all persons; PROVlDED, ALWAYS that if the MURTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore destribed, and s~all truly, promptly and fully perfarm, discharge, execute, tomplete, comply with and abide by each and every the sti~ulations, agreements, conditicns and covenants of said promisscry note and of this Mortgage, then this Mortgage and tne Estate hereby created shall cease and be nuil and varl. iT IS U~~DERSTOOD that the word "Mor:gagor" whether in the singular o; plural anywhere in this h4ortgage, shall be singular if one only an;: shall be plural jointly and severally if more than ona, and that the word "Their" as used anywhere in this Martgage shall be taken to rc,~an "his," "her," or "its,' wherever the context so implies or admits. Also, that wherever there is a reierence in the covenants and agreements herein contained to any o4 the parties hereto, the same shall be construed to mean as well as the he~rs, legal representatives, sua cessors and ass:gns (either voluntary by act of the parties or involuntary by operation of the law) af the same and that the covenants herein c_.~tain•~d shal' bind and the benef;ts and advantages inure to thz respective heirs, legal representatives, successors and assigns of the partie~ hereto. And said Mortgagors, for themselves and their heirs: legal representative~, successors and assigns, hereby jointly and s~.erally covenant ard agree to and with the said MORTGAGEE, its successors and assigns: 1. To pay ail and singular the principal and interest and ihe various and sundry sums of money payab!e by virtue of said promi;sory r.cie, and this mortgage, each ar.d every promptly on 4he days respectively the same severally become due. 2. To pay all and singular the taxes, assessments, levies, liabilities, obligations and incumbrances of every nature and kirtd now on saad described property, or that hareafter may be imposed, suffered, placed, levied, or assessed thereon or that hereafter may be levied or assessed upcn this Mortgage, or the indebtedness secured hereby, each and every, when due and payable according to law, before they be- c~me delirquent, and befcre any interest attaches or any penalty is incurred; and insofar as any thereof is of record the same shall be promptly sati>fied and discnarged of record and the original official document ;such as, for instance, the tax receipt or the satisfatt~on paper officially endorsed or certified) shall be placed in the hartds of said MORTGAGEE within ten days next after payment; and in the event that any thereof is n7t paid, satisfied and discharged, said MORTGAGEE may at any time pay the same or any part thereof without waiving or affecting any option, lien, equ+ty, or right under or ty virtue of this Mortgage, and the full amount of each and every such payrtsent shall be immediaYely due and payable and shall bear interest from the date thereot until paid at the rate of six and~-tentfis per tentum per annum and tagether with suci, interest shall be secured by the lien of this mortgage. ~rE~ 3. To place and continuously keep on the buildings now or hereafter situated on said land and on all equipment and personalty cov- ered by thi> mortgage, wiYh all premiums thereon paid in full, fire insurance in tne usual standard policy fo>m, in a sum approved by the htO~TGAGEE, and tornado insurante in the us~al standard polity form,in a surn approved by the MORTGAGEE, in such company or companies as the tvSOR1~uAGEE may ~irect; and all fire and 4ornado insurance policies on any of said buildings, any interest therein or part thereof, in the aggre6a'e sum aforesaid or in excess thereof, shali contain the usual standard mortgagee clause or such other tlause as the Mortgagee may require, making the loss under said policies, each and every, payable to said MORTGAGEE as its interest rnay appear, and each and every such policy shall be promptly assigned and delivered to and held by said MORTGAGEE as further security to uid mortgage debt, and, not Iess than tcn (10) days in advance of the expiration of each policy, to deliver to said MORT~,AGEE a renewai thereof, together with a receipt for the premium of such renewal; and there shall be no fire or tomado insurante placed on any of said buildings, any interest therein or part the-eof, uniess in the form and with the loss payable as aforesaid; and in the event any sum ot mi ey b~cojn payable der such Fc'~r___?'.1--1M-5-64-M g~~~~~, ~V~