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Home My WebLink About2279 144~t~4 25th March 66 ~L THIS INDENTURE, Made the.__._.. Day of A. D. 19------_, between johanna_ H, Donnelly, _ a sin~le person_____ of j..1A~1e..._..__. Couny, Fb?ida. hereinaftsr designated as the "MORTGAGOR," and FIRST FEOER/1L SAVINGS MID LO/W ASSC)CIATION OF INDIAN RIVER COUNTY, a corporation organized and existing under the laws of tF+s United States of /lrnerita and having its principal place of business in the City of Vero Beath, I~dian River County. Florida, hereinafter designated as the "MORTG/1GEE" ; WH the MORTGJIGOR is jus the MORTGAGEE in the sum of Fiv~__~usand~ _S~_v~n_Htu~ed aad no~ lll~_-''."""'_''- .(5~~~ Dc~~ars, good and lawful money of the United States advanced by the MORTGAGEE unto the MORTGAGOR, ss evidenced by a certain promiuory note of even date F+erewith, of which the followin~ i~ words and figures is a true copy, to-wit: ~~L• No. - . . - : S ~Q_._ qJ ~ Vero Beach, Florida. - ---M~r~h_2~~ - 19---~~ For value received 1 or we jointly or severally promise to pay to FIRST FEDERAL SAVINGS MID LOMI ASSOCI/1TION OF INDIMI RIVER COUNTY, the sum of y~i7~~_~_____ at its office in Vero Beach, Flwida. with interest at the ?ate of____6;.6`~ ~.+er tent per annum. in the followin~ m~nner: s_~~_. QQ_____.__ upon the fiat of eath and every month hereafter until the full printipal sum, wi!h interest, has been paid; said mo~thly payments shall be applied first to the payment of interest on the unpaid balante, and then to the paymeM ~f principal. : This note is negotiable and if default in payment otcurs, may be P~ated in the ha~ds of an atto~ney at law for collettion. in which ; event 1 or we agree to pay the costs of rnllection. includin8 a reasonable attomey's fee, and each of us, whether maker, guarantor or endorser. hereby severally waives demand, notice of non-payment and protest of this note. ---/s~Johanna H.__ Donnelly - ------cs~n - --------------cse,i~ In the event any payment is not made prior to the 20th day of the month when due, ther? this note shall bsar interest at the rate of + 8.4 % from the dato any such payment became due and throughout the period of such dellnQuency. State sfampa paid snd cancelled on original of this note in the amaint of s._~_:_5S____...__ _ NOW, THEREFORE, the MORTGAGOR for the purpose of securing the payment of the said wm of ;~3.7~,_~________ and the perfo~marxe of tfie tovenants and agreements hereinafter exprcssed, and for divers good and valwble tonsiderations. by these presenis, does grant, bargain. sell, remise, release, convey and confirm unto the MORTGAGEE its wccessors and assig~s~ sll that certain lof, pieoe w parcei of Iand, situate, lying and being in tF+e Couny of ___._St.___LUCle_____________ and Stste of Fbrida, described as folloMrs: Lot 11, and the West 1/2 of Lot 12, Block 14, MARAVILLA PLAZA, according to the Plat thereof recorded in Plat Book S, page 44, of the public records of'St. Lucie County, Florida. ~ C RLCEIVED f / ~N ~~YMi*IT Of TaX[S pt1EAN CLAi~'C' 1Vt~1VG181E PER50M1~L PkDfER~Y. P~~r,~;;~'~: :U CMA~'ER 2G~2t, A.:T~ uF 1941. ~~•.r ~ ~ fli:aa: ~itl~[ ~~I_~:1 Cv^Ytf ' e M. 1.4.~1~5 ' o~ 1~; ~n~ f~t C~- . y J 1~ ~ 1 L~` t" L iJ ~ L, r~ ST. Ltffi• ~'f1'1)/ TOi Cf~{KfOt i ~ i... DOCUMCyTA~ ~ST~;hlp TdX i~`'„` 4`C .fC~ ; ~ Z = . _ _ - _ ' ~ J a = APR-7'66 _ ~ ~ V - '31~~i ` 8 5 5 8r DfPUTY CL£RK N CC~y1PTRD~LEA - # PR. ~sai 3a ~a,:.. _ } ~ - • z ; i together with alt and singular the tenements. hereditaments and appurfensnces thereunto belonging w in snywisc appertaining thereto. snd f atl renis, issues~ proceeds and profits accruing and to accrue from said premises. all of which aro included in the ~bove and foregotng de- { scription and habendum. j TO HAVE /1ND TO HOLD the above described and gnnted premises ~to the said MORTGAGEE, its successors and assigr?s forever• ~ And the said MORTG/1GOR for__~e~'___heirs, executors, administntors and auigns, hereby covenants with the said MORTGAGEE, its wcces- ~ sors snd assigns, that-----------------~1B.1S_--------__-- lawfully siezed of the said premises in fee sir~le; that the same aro free. clear and dis- : ~ charged from all liens ar?d encumbrantes in law or in equity, and that_------She-------_.. will a~,a -_-_her shall ws?rant ard ~ defend the title to the same to the said MORTWGEE. its s+x.cessws and assigns, fwever against the lawful clairm and demands of al) persons; PROVIDED, /U.WAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore described, and ; shall truly. promptly and fulty perfortn, dscFwrge, execute, oomplete. tomply with and abide by each and every the stipulations, agreements, ; conditions and covenants of said promissory note and of this Mortgage, then this Mortgage and the Estate hereby created shall tease and be s null and void. IT 15 UNDERSTOOD that the word "Mortgagor' whether in the singular or p~ural anywhere in this Mortgage, shall be singular if one only and shall be plural jointly and severelly if more than onc, and that the word "Their" as used anywhere in this Mortgage shall be taken ~ to mean "his," "her," or "its,'.' wherever the context so implies or admits. Also, that wherever there is a reference in the covenants and agreemenis herein contained to any of the parties hereto, the same shall be oonstrued to mean as well as the heirs, legal representatives, wc- 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 ~ contained shall bind ard the benefits and advantages inure to the respective heirs, legal representatives. successors and assigns ot the parties hereto. ~ ~ And said Mortgagors, for tF~emselves and their heirs, legal representatives, successors and assigns, hereby jantly and severally covenant and agree to and with the said MORTG/1GEE, its successors and assigns: ~ l. To pay all and singular the principal and interest and the various and wndry wms of rrwney payable by virtue of said promissory _ note, and this mortgage, each and every promptly on the days ~espectively the same severally become due. 2. To pay all and singular the taxes. assessments, levies, lia~ilities. obligations and intumbrances of evety nature and kind now on f~ said described property, or that hereaher may be imposed, wffered, placed, levied, w assessed thereon or that hereaher may be levied or ~ assessed upon this Mortgage, or the indebtedness secured hereby. each and every, when due and payable according to law, before they be- ~ ccme delinquent, and before any interest attathes or any penalty is incurred; and insofar as any thereof is of record the same shall be promptly ~ satisfied and diuharged of record and the original official document (wch as, for instance, the tax receipt or the satisfaction paper officially ~ endorsed or certifie~ shall be placed in the hands of said MORTGAGEE within ten days next aker payment; and in the event that any thereof is rat paid, satisfied a~d discharged, said MORTG/1GEE may at any time pay the same or any part thereof without waiving or affecting any ~ option, lien, equity, or right unde~ or by virtue of this Mortgage, and the full amount of each and every such payment sha11 be imrnediately ~ due and payable and shall bear interest from the date thereof until paid at the rate of six and six-tenths per centum per annum anA together ~ with wch interest shall be secured by the lien of this mortgage. ` 3. To place and continuanly keep on the buildings now or hereafter situated on said land and an all equipment ar.,: personalty tov- t ~ ered by this mortgage, with all premiums thereon paid in full, fire insurance in the usual standard policy form, in a wm approved by the ~ MORTGAGEE, and tomado inwrance in the usual standard poliry form,in a wm approved by the MORTGAGEE, in such tompany or canpanies ~ ~ as the MORTGACEE may dirett; and all fire and tornado insunnce policies on any of said buildings, arry interest therein or part thereof, in the ~ aggregate wm aforesaid or in excess thereof, shall contain tfie uswl standard mortgagee clause or wch other clause as the Mortgagee may ~ ~ require, making the loss urxler said polities, each and every, payabk to said MORTGAGEE as its interest may appear. and eath and every ~ ~ such poliq shall be promptly auigned and delivered to snd held by said MORTGAGEE as further security ro said mortgage debt, and, ~ot fess than ten (10) days in advance of the expiration of each polity. to deliver to ssid MORTGAGEE a renewal thereof, together with a ~eceipt for the premium of wch renewal; and ihsre shall be no fire or tomado insurance placed on any of said buildings, any interest therein or ~ part thereof, unlas in the form and with the bss payabie as aforesaid; and i~ the event any wm of mo~ey becort~es payable under such ~ FPIRC-251-1M-5-64-M ~~~~z _ : s. _ ~ ~ w s~ - . -