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HomeMy WebLinkAbout0091 ~ ' n+~ i~r+tuRe. M.d. lOth d,~, of . = s ~.o. » 66~ e.n~.M ~ (~ans Hayes and Baee~e Havee_ h e v e _ . ~ 3t. Luaie ~,...r~.~« d..y~.~d M~Tw?c~.y .~d FIRST FEGEMI S1IVINGS ANO ~aw AssocutaW a roRT ~~ERCE, . ao.oor.tion «+a .xiNMq w~d« N+. bw. of +h. w~a sa~.. d Mw.k. .na Mvkp n. prk~dpd pl~a of bWifNN Y1 IIM ~ 0~ fOft'N~qr St. ~YCI~ ~aM~~h~.- ~iM dMipMhd M NN ~ T~(~ ~ YVlIEREA:IM INORTGAGOR it ~wtl~? ind~b~d 1o tiN MORTGAGEE in 1!» wm of ~~L""" •OO ~ oppd N~d bwful ~y of 1M Unit~d Stat~s ~dvanad by th~ MOR?GAGEE unto th~ MORiGAGOR. a wW~nad by • art~in p~o~nfaary not~ of ~wn dat~ Mrwvith, of whid~ tM fdlowino h ~ 23,000 00~ ~ ~ : ~ ~ ~ June 10 ,o fa wlw nodv~d, 4 w~ w~~dw ot w. P~~ ro p~~j . wi~houf.d~takatio~. b fl» o.da of FIRST FEGERAI ~SAV~IN~G+S~ AND IOAN ASSOCIATION OF FORT NERCE N forf PMra,, Ho~rW~, th~ wu~ of ~ 23 ~`~00 wiM iMKec~t itom dab ~t fh~ r~N o~Ys.Se~7G p~/ ~ in nanthly In~td4 ' n~s as follows~ ~ 161 _ O~ on ~~~dar d ~QtObeZ' 19s7s~ and ~~u wm on th~ oorn~pond'N+0 d+1? ef ~sch month tlwet- afN~ wNil th~ whols b~ fulb W~ Ead~ kaulkn~nt fkq sh~li b~ appii~d in paym~m of tM Mta~st ~nd tMn an tM w~paid blana of N+~ p~lnciql wn~. If dtfwh I~ ~n~ h tM WY~ of ~ery imallmK?1 wMn dw, and wd~ d~fwh ooMinwa 30 day~„ th~n d tM optan of tM holda. and wi~hovl ~ny othw notia. all th~ r«nainirp i~ut~IMwMa shdl b~ dw aad p~yabb at aia. Mivilp~ b piwn b prpay 1hN noN ln wlaM or fn p~rt N~ny tinr withoul P~b• 0 na .oop~snw bY M~ hoWn tlw~of ~ft~r +nY defwh M~nY PwnNnb h~r~on, slMll bt d~md ~xt~ion. A lat~ W~nt clwp~ of • dwN b~ ~dd~d /o Nch MWI4~wiN nin~M~inO unPNd ~ d~y~ ~f1w Ns du~ dNG and ~ lik~ wn~ slyll M add~d b Mch wd~ Mntal4e~w+t nm~L~k+o unP+id 7 days ~fhr ~ch w~oo~dM~Y W1lni~w d~t~. E~eh ewt~r. wrMY and ~ndorw Mrwi, ioindl~ ~nd wwr~lly, waivw d~mand. Pn~n~nt P?a~at u~d ootio~ of proNSt for nonp~yemnt. ~nd iwtMr pr~ ro a~ry u~»raion of tin» of p+ym~nt. eitMr b~fon a aftK mafwity. witho~l notioe ~o any of uu Md to p~y a!1 aoats oi colbctia4 includ'ag • r~awn~bl~ atton+hr'~ fN M tM w~nt ot any d~fauh Iwr~widn. and Mnb3r wvKdly waivK dl b~fi~ Qf Iwine~ts~d and ~x~mption w~da tM adutifution x+d lavn of ~ad~ Sut~ d tM UNt~d StN~. aa p~t tl~ oblg~tion a~ny ~xtauion w nnawal Mnof. MIHn~sa ~M hand and wal of ~ach p+rtp. . a aene Asyes ~ a eaa e ayea ~ - - ~sewu ~ ~h. 50 ~ s.d. R.,?«w. - aEw c~.~. ~~.a ~ «b~ ~«a 23, 000 . o0 Now. n+ER~O~ N» MoRTw?coR fa. th. pu.,~o.. of «c~ir+o p.,nn.M of ..w .un~ d: ..nd +h. w.r«ew+c. of +h. co+rMww and ~pr~nwnts IrnMrftw ~sOnn~d. M+d fa divKS pood ~nd vdwbl~ tomid~ntion~„ b'p tl~w PnaMN~. don Or~+t. b~r~+M~, a~ll, raniN. rd~~, ca~w~r ~nd co~irw uew ~ MORTGI?G~. 1a woo~~on ~nd a~qn~, all tMt artain br. PMa w P+ral of IMd, ~itwM. h~. ~~^0 b th~ e~ 3t . Luoie ..~a s~,,. ~ f~ a.w~.a ~ouo~ From the northweat' coriaer oP the 9outh 1/2 of the North 1/2 oP Lot 5, RUS3ELL~3 3UB~DIVI3ION, aa per plat thereoP recorded in. C~iencery Order Book No. 2, page 224, Brevard County Florida Public Recorda, r~un Tssat slon the north line of the South 1/2 of the.North 1/2 of aaid Lot 5, 922.~ Peet to a eoncrste monument end the Point ot' Beginning of the londe herein deacribed: - From aaid Point ot Beginning run South, at right anglee to eforeaaid north lina of the 9outh 1/2 of the North 1/2 of Lot 5, 101.05 ~eet to e pipe; thenee along the aouth line of the eaid 3outh 1/2 of the North 1/2 oP Lot 5, run Sast 221.5 feet to the xest ahore of Indien River; thence meandering the xeat ahore of Indian River, run 115.2 leet r_northweaterly to a point on t~e north line o~` the South 1/2 oP the North 1/2 of efore- ' said Lot 5, aaid point baing 182.5 feet esat oP the Point of Baginning; ; thenae Weat slong the asid north line of the South 1/2 of the North 1/2 ~ of Lot 5, 1~2.5 feet to the Point of Beginning; together ~rith riperian i rights; ~Xcepting there~rom right-oP-xay for Indian River Drive,aeid lend no~? lying and baing in 3t. Lucie County, Florids,./ ~ w~na wi~ .a .nd skq~.. +h. ~ .na .ppu.r.na. fM~«,nw 6.1~wino « M .~rwb. .vq.aw~np fl~...w. .~a d~ ..ro., a.w.. p,oa~ and yrofia +oQUMq and to ~cuw fro~m s~td pr~~ ~11 of wl+kh an incbd~d in Nr ~bov~ and hrpoirq davlption ~nd I+~b~nduin. f0 NAVE ANO TLAa l~ ~bo~r~ d~wib~d ~nd ~nrN~d pnmiws una Nr Wd MORTQ~A~sEE, b~ wooa~ors and a~tp~ fonwr. Md dr wtd MORf tor Irbs. ~eutan,. admir~iatnton and ~alpnr. Iwr~bY ~ova~w}b witb t1» safd MOR1Gl?CEE. Ns N+oomoes and ~Mlpw M,.t ~nY-~'~I~wiu~ly s.i~.d of th. utd p.«ni... tn t« simpM~ +h.t th. we. .r. i?..., dw «+d dNch.r~d ham ,tl wns and «~a+n? b..noa tn trw w tn .quwy, aed dn• th~-' ~ w+N and the i r h.tq .IwN warrna snd d.f.nd th. HH. a th. wa. a tb. s.td IKORT~AGEE. ha ~uoaMOrs uid ~ipir~, forw+r a~iiw tM I~r(d d~ln~t and d~d~ of ~N p~noew IROVID~. AlWA1fS Nr1 If th~ MORTGAGOR ~11 pay unb Ih~ MORTG~AGEE th~ p~ani~ory? noh Iw~inbdon d~wbd ~nd sh~d tnrhr. P~'~P~h +nd f~ll~r Puiorny ~x~cv~. ~os~pl~h. con~P~Y wNh and abid~ bf~ ud~ and ~wrr tl~ stlpul+~ior~,. pr~nr. conditlons and ao~r~rNS of said prani~ory noM and d thlt Morq~p~, d»n tl~ Mat~a~ and Ih~ 6tpt Iwnl+f? a+MNd tl~ll a~ ~+d b~ null and void. - R IS UNDERSTOOD thq th~ wad "Mwqapor' wiwM? b th~ sinpular a piurd airywhe~ h thN~kM p~p~. ~Fwll b~ ~hpvlar N on~ onty ~nd fleaf) ~~Yf~l ~O~IM1y M1d NvMa11r if nWf~ thM1 OIM. arld f1Mf tIM wOfd "11M1r' N IIMd MIyw~1M~ in 1~1i~ ~11i11 b~ tikM1 10 nlfM "hM," or MIIMf~YM 1IIf COf1aR/ M MApli~ or admiM. AM6. 1hM wlw~w? 1bKi M a/~fMM~cr In 11M oo~~MMS a~d apt~MS h~ owHai~Md b~nr d r1w prtla h~r~1o, th~ s~e ~hal1 be aoirtnnd te a»~w M w~ll a~ tlr h~Ys„ Iqal r+p~nt+lMs, woo~wrs and aNiprr Wtlw vol~t+ry b!? ~cr of t!w pa.+i~. « Mwok~n.ry? a aP.ntbn of ~h. 1w~ o! tl+. .«n. «~d Mut Ni. ao..n.M. Fw~tn aont.iMd .h.Y and ana th. b~fit. .nd .dvra.pr. Mwn. to d» r«patM I»1r~, MOd nPnw^btivM„ woc~ora «+d ad~ns d th~ partiu h~rMa - And ~aid Mwtpapor~, fa~ tl~nwlv~s ~nd thdr Mir~, Mp~l nprq~+tM~, woon~or~ ~nd a~iOns, 1wnb1? ioinN~r an~ wwr+1111 a and wid~ tM wW MORiGAQEE..Ib woo~swn and n~iprys 1. To pnr aM and ~inpuln th~ p#Ktpd r+d M~Mrw and fhi v+rioua and wndry wms ef waMl? P~1~~bN bY vlrtw of uid P~~~ ~nd thM morqsoe, wd~ ard ~y. V?omp~b a+ tM d~ r~aitiyr tlr sanr ~ewr~Yp b~oan~ dw. Z To ~ all ~nd aYqdr th~ ta~w, awanweaa. bviu. UabilitM~. o6li~tion~ ~nd ~na~bnnw d rwry n~~ aid ktnd now on ~aid daaib~d prop~Ay, a thM haNfMr mh? b~ y~poM4 wfhn4. P~+pd~ IwMd. w~w~wd tlw~oe. or ~f Irn~it~r mr~r b~ Irvi~d or a~s~wd Won tNa Morty~ p~, a tM ~bNd~w Nain/ h~r~b~r, wd~ and ~wry. wh~w dw and phnbl~. ~ao~~dlnY to IMw, beion tMq b~oam ddw+4~~nt, and b~iw~ +nY ~ ~ttaclw~ a an~r p~nahy Is Inarrnd~ AN~ INSOfAR ASAN~ f11EREOf IS Of RECORO TFE SAME S11AL1 iE *ROAAITIY SATISfIE~ AN~ DISp1ARGE~ OF RECOR~ ANO THE ORIGINAL OfFIC1/LL OOCUJIAENT WKM AS,. FOR INSTANCE. T!~ TAX RKEMT OR TME SATISfACT10N ?ArER ~OffKt/?llY ENDORSED OR CERTIf1E0) SF4ALL ~E ?lACEO iN tME HANOS Cf SAI~ MORTCsAGEE 11YITHtN ?EN DAYS NEXT AfTER ~AYAAENT~ ~nd In t!~ ~wnt fhM an~r dw~of i~ ~ot P+td. ~st".sfi~d ~nd di~lw~d ~+id MORTGAGEE ~r ~t an~r tieM phr tM sanw a anp pnf tMrwf wi1laul waivinp o~ ~ff~CtMg ~n~r oplion, 1~4 puNy p •ki~ wdK a bp virtw of M~is enorqap~ ~nd Nw tvll ~enaww d~ and wMY wei~ payn~+M ~Irll b~ NrMdi~tdY dw ~nd p~yabM and ~hdl bNr M~»na ~.an Nr dM~ Mw~sf ueMN ptid 8 rm ef nin~ pN anhwn pn ~nnwn ~nd t~o~hM wi~h wd~ 1eNrut ~N b~ wcw~d M the li~n d Mw n~wpta~. ~ ~ , _ ~ - . ~ ~