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HomeMy WebLinkAbout1119 . . 14~14 ~ . ~ n~is iNOErvTUR~. M~a. th..____~~L__ a,y ~ ril ' D 19_._.._, b.~..r+ ----jOHI~LN~.~Z'FELE_.at~d I1?A.A A,~~~~~'~A ~EELE, his wife of._.a~L. ~L~~E% Counry. Florid~. h~ninstt~? d~si~nat~d s~ the "MORTGIICOR." and FiRST FEDERAL 511VIPIGS /WD LOMI /1SSOCIATION OF INDUW RIVER COUNTY, a oorpor~tion o~anis~d and uci:H~ und~r th~ Isw~ of tM U~it~d Stat~s of M~ka ~nd F~vin~ iri principal plaa of business in th~ Gh of Varo Be~ch. In~~n Riwr County. Florida. Mninaht~ dai~ted as ths "MORTGAt',El•• ~ij~S tM MORTGII~CAR b ju~ty iv~~q tht MORTCACEE in th~ swn of£' Al1Y' ~1Qllfl$~a- ~f'ie SI1C~11~0 _ltllJ:--~- (:-Sa-~2l8J.._]8t_____) Dollars. ~ood snd bwful moMy of tlr Unitd St~t~s sdvano~d by th~ MORTGA~E unb ths MORTG/100R~ as ~vidK+c~d bf? a arhM promiswry nott of even dats htnwi vf~~ t~ tolbwini in w~arrlt sso r i . ~ ~ 9598 s~~4Q~ OQ__ v.~ ee~+. FioNa.. ~~.Anril S, 19~ - For vslue reteived 1 ot w~t iaMly o? seve~stly promise to psy to FIRST FEDEit/1L S/1VINGS M1D LO/1N ASSOCI/?TION OF INDI/1N R~vEa courrr~r. +hs sun, of .34a..~---------------• ~n offia. in v.ro e..d+. Florw.. w~eh ~~t 1+,. ~ar. of 6. 6 ~ per qnt D~~ a~n. in ths fol~ nwrw»t: s4-;-~ upon ths Hrst of ssch and every mo~th Mte~fter until the tull principal wrn. witfi inb~t. hss been Wid; saW manthly payments sMll b~ appiied first to ths psyment of iotemst on tht unpaW balant~. and tMn to th~ paym~+t of pincipsl. This ~ b~otiabl~ and if defwk in psy~nent ooaus. may bs Plsced in the hands of sn attomey at law for oollectio~. In ~ event 1 0? w~ agres to p~y the oosts of oollecNon. inclu~~ s roasonsbk attornay's fee. and each of us. whsther msker. ~uarsntor or andorser. neroby ssva~a~ly waiws dN,~~d. nortce of non-p~ymenr .~d protest of this noa. ~s~n_N~Steele_~ ~ ~„Q . ~~Tda Alb~t~ ._Steele ~.a ' In the ev~nt sryr payment is ~ot made prior to the 20th day of the month whsn due. the~ this note shall bear interast at the rste of 8.~/~ from ths dat+r+~r wch psyn+ant became due sad throughout the PKiod of wd~ ddu+4~+~Y• Shta ~taMps paid and tanoelkd on originsl of this nots in tha amamt ot s~~------~_ NOW. THEREFORE. th~ MORTW'?GOR for ths purpose of searing ths payment of tha said sum of ; 4t 3~. ~ and tM ~ perfonr~arxe of th~ ooverw~ts and a~roements M?einsfter ~d. ard for dtvers ~ood ud valwbb oorisider+tio~s. b'f? thes~ Pra~nts. does gnnt. ba?~slo. sell. romise. robase. oonve~? snd canfin,n unro the MORTf11CEE its M.~roessors and sssipx. all that artsin lot. pleo~ a p~roel of land. sitwte. Fyin~ and bein~ in the Ca~ty of .St ~ L.UCl~ ~ --------~u_ and StsM of Florids. described as follows: Commence at Southeast Corner of the Northeast Quarter of Southwest ` Quarter of Section 9, Township 35 South, Range 40 East, thence run West 423 feet, thence run Norht 25 feet to the North line of Delaware Avenue to point of beginning, thence run North 120 feet, thence run West 150 feet, thence run South 120 feet to the North line of Delaware ' Avenue, thence run East on the North line of Delaware Avenue 150 feet ? t~ roint ~f.l~e~rinnina. ~(o ~ t~t I~ ~~r r ~ u~ i uA RECEIYED: IN PArMENTOFTA~~ U~ OOCUMENTAp~ STAMP l~J~'X DUE Oit CLASS'C' INTANGI9LE PERSONAI 1'ROrERTY. _ ~ ~UR9UANT TO CMAPTER !O'72t, ACTS OF 1ltt. ~ = e>~ ~ = RCG R PUIT2.~3, Clerk Chail C.ortt ~ Z - n~r-~~ - - . ~ ° = ~ 6 7 5= - ~ n~~~ cu~tis~M. ~~u~+~s iA V COMPTROILER p - (,~j~ T07I P.B.isoias - . j , - ~ together with a11 ard sin~ula~ the tenetr~ents, heroditarnsnts and ~ ti~iereunto bslo~i~ or in anywi~~r~it~ theroto. and sll ron1s. Issues. Prooseiis and Drofits aocru~ and to aotrut from taid pt~emis~s. sll of which sro intkdod i~ the above and fore~oin~ ds- ~ sc~iptian and F~nd~in • ' ' . ' - ~ ~ TO H/?VE M!D Tb HOID the abow desuibed snd ~ranted promises uMo the said MORTGJIGEE, its wocestors and aui~ns fanver. r rs. eueartors, adrninistrston snd assigos, hsreby oo~venants with ths said MORTGII~CEE, Hs wooes- ~ Md the said MORTGAGOR ior ~1f'~_~ ~ sors and assip~s, th~t thc~v are Iswfully steud of fhe said premises in fee sinpk: thst the s~ are froe~ dar and ~s- cha~ed from sll liens ~nd e~aa+~branoes in isw or in equity. and that--_~~C will md _~e~ helrs stall warrsnt snd defend ths titk to ths sse~e to ths s~W MORTC/1GEE. its woosssors and sssi~ns. iorever agsir~st the lawful claims and demsnd~ af all p~rsor~s: PROVIDED. ALWAYS that if the MORTGA~GOR shsll psy unto the MORTC.AiCEE ths prar~issory note hereinbefors dssaibed. and ~ st,au truy. wanptb and tuty vs~form. dtscha~e. exewte. aonwbte. comPb with and sbtde by eKt? snd every the sttoulatior~s, s~r~ria+ts. conditions and oov~nts of s~W prorrdssory note and of this Mort~sse. tF~en this.Matgage and the Eslate henby aested shsll cesse and be null and voiA. _ . IT IS UNDERSTOOD that the word "Matgagor" whett+er in ihe singulsr o? plurai anyarF~ero in this Mortpp. shall be sir~ul~r if ont only and sF~ail bs plursl jointly and severally if more tlw~ one. srd tfiat the word 'Theit" ss used anywhere ie tt~is Mortas~e shsll be tsken to mean ••his,„ ~•ha; ' or "its." rYherever the oontsut, so implies or admtts. Also. -that whe~~ever thae is a s~ferenos in ths ooverwnls and agreerr~ents herein oonbined to any of the parties hereto. tFit same shaU bi ao~strusd to mean as well ac ths heirs, lessl npresenbtives, wc- cessors and assi~rru teither veluntary by act of. the puties or involuntary bY operstfon of ths taw) of ths ssme and that the oorensnis hsrein conhined shsll bind and the bensfits and advanb~et irwn to the respKtiw heirs. lep~ r~+tstivas. woce~ors and sssi~ns of ths parties herero. qnd aaid Mort~sgors~ for tF~fves and their heirs, le~al re~xesentatives. wooessors snd assigns. hereby jointly u~d sevenl~y ao~venant and agrce to and with ths ssW MORTC•AC'~EE. its suocessors and assi~s: 1. To p~sy sli and singulsr the principsl and interost and ths ~rsrious ard s~x~dry wrns of money psyabk by virtue of said pramiuory nore. and this nw.tgs~t. each and every pramptly on the days rosPactivety the ssme sevenly beoorns due. ` 2. To pay all snd si~utsr ths tsxes. as~essments, kvtes. liabitities. obligstions snd ina~nbnr~oss of ~wry nsturo and kind now en said dest?ibed prnperty. or tF~st hetesfter m~y be irtiposed, wffered. Plated. (evied. or assessed theroon or tfiat hercafter may be ifvied or assessed upon tNs i~Aortgsae. or ths indabtednas seourod h~rebY. sach and everY. wF~sn due and payabb aooordir~ to law, befors tFwy bs- come delinquent, and be(on any interest sttsd~es or any pendty a incumed: and insofar as any theroof is of reoord the sams shsll be promptl~r satlsfied and disch~rged of reoord atd the orl~nsl offitisl dop~r~ent (wch as. for Instance. tfie tax reoeipt or the sstisfsction psper offkiall~? endorsed or certifiom shsll be plated M ths twd~ of ssW MORTC.AGEE witFdn ten dsys rw~d after payrr~ent; and in t!» event thst any tt~wf is not psW, satisfied and d'iscl~r~d. said MORTGJ~GEE mry at sny tim~ p~y the sams oran~r psrt tF~e?eof wtthout waivini a ~~~K ~Y aP~. ~b. w ri~t under w by virtus of tNs Mat~, and the fuli ae~ou.~* of escl? and every wd~ p~ayrneM sMU be hrwne~stdy due and payablt ard shsil rear Mterat from ths daM thsnof uMil p~id at ths nte of six ~nd six-tenths per centun per anrwm and tooefl~ with wch inte~est sFwll be seaxed by the Ikn of this mort~a~e. - 3. To pisoe and oo~tirnwusly keep an ths buiWings naw or hercsfter sitwted on said land and on sll equipner?t and perso~H~r aov- ered by this mort~e. with sll premiuns tFu~eon paW in fuli, fire inwnnos in the uwsl standard policy form. in s wm approred by ths MORTG~AGEE. and tornsdo inwrance M the uswl stand~rd PoikY fam.in ~ sum +PPr'ov+d bY the MORTGAGEE. M wd~ oompsnY e? eompsr~s u tFr MORTGAGEE m~y dirott; ard all Hn and torndo ie~no~ polides an any of saW buildin~s„ sMr intrrest therNn or psrt tMroof. in ih~ a~reg,at~ sum afor~id or e~aoas tMreof. ~sll aontsin tht uswl st~ndsrd mortsages cisuse a wch othsr cisws as ths MortEa~e~ m+Y wch polky shslitbe prompti~r ~ nd ddiMSnd b ' to s~id MORTG/1iCEE as ib intarst maY ~DP~~~ and ~ch and ev~ery snd h~ld by ssid MORTGIIGEE as furtl+a aercuritr to s~id rnortpp drbt. snd, not less th~n ten (10) dsys M sdvsrKe of the ~xpintlon of esd~ polky. to dsliv~r to ssid MORTC~l1~GEE a r~enwrai tF~snof. topth~ wNh ~ r'~oMPt for tht prwnium of wch rw~s~Nral; and th~rr ~11 b~ no fin or tornsdo insursnot piaosd on any af said builfii~s„ any iMer~st thanin or p~rt tMrrof. unie~s in the form snd wfth th~ IoK payabk as ~fores~id: and in th~ ~vant se~r wm of ma~r b~ooeMS D~~M urd~~ wd~ fFIIOC-251_~~ - aooK ~44 517 S F~:... . . _ " ~ . . . '.ns~-.,_ _ '~P'_' "v'k: s- ~wx . . ~ .