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HomeMy WebLinkAbout2071 . , , 1't ~ Ibiirl THIS iNDENTURE. Mad~ tM_~_2I8~ - Day of.-_.~:. • I1. D. 19_....~ betw~esn __C~S.?RC~. E~S~ITQ a~~R~g_~ _.._.~his.w~~ - of~_ ~i.~_1~!s~e County. FIoNd~. F~enltiftK dal~n~ted si tM '•MORTGI100R," and FIRST FEOER/1L SAVINGS M1D IOMI /1SSOCIATION OF INDIMI RIVER GOUNTY. s oapoqtion o?~i:ad ud extstir~ under the bws oi th~ United Shtes of /1n~ka ~nd having its p.incipil plao~ of busl~ss in th~ City ot Vero Btath, Indian River Cou~ry. Florids. he~einafter desiQnsted u the ~~MORTGAGEE•~ f++. MoaTC.tic'~oa ~~~g th~ MORTW?GEE s~ of___~ "rnousand. Six Hur~dred MORTGI~ E unto the MORT ) Dolla~s. Bood snd lawful ma~ey of th~ nl~d,~ tes advanad by tFM - GACOR, as fvidK+cd by a aKalo p~omtssory ~ote of even date Mrowiti~. ~f~t~[1i-t(~s Followin~ M wwds and fi=ures is a hw ooP'Y. to-wir s~~.4U~_QO r,o._~_ Vero I3sach. Flalds. _~~_------~~~-?1 19_~ Fo~ value received 1 or w~e jointy or seve?ally pranise to p~y to FIRST FEDER/1L SAVIIVGS AND IOMI ASSOCIATION OF INDIMI RIVER COUN'TY. the surn of S 6i____~. at its offic~ in Vtro Bsich. FlorWs. with tnte?a! st tM ats oi~ 6. 6 pa ant p~r arrxrn. in ths folbwin~ m~nn~r: ~ matthh? WY~+~~~ be ~PDlied flrrast to tM psyme~t of i~nterest on ths w~patd~ba~tanoe,~u~d~tF?en~to thsth teterat. h~s been wld: saW This noR~ is ~eQotiabb and if dsfauk in t oow Wy~t of principsl. • paymai ~ m~y be placed in ths hands of an attorney at law tor oolkttio~~ in whid~ ewnt ! or vw a:ns to pay the oosts of collection„ tncludin~ a rsssonsbk attornay's fee. and ead? of ~s. MAxtM~ n~aker. auuantor or e~dorser, heroby :enerally waives dsnw~d. rwttc. of non-psyrr.ent and protest of t1+ts rwte. ---/~~Q~~-~Q -~_ts..u ' ~ /s/Mar~ve Esnos~ w.u In tM e~ra~t sny psyn?ent is not made prior to ths 20th dty of the mw~th w~wn du~, than thk note shall b~~r interost ~t ths.ab of i 8.496 fiom tM date sny wth psymar?t became du~ and throughart the D~od of wch dellnqwncy. Stats stamps psid snd cancelled on orisinal of tFas note in the amant of i-Q.~`.---._-• NOW, THEREFORE. tM MORTGIICAR for tF+e purpose of securin~ ths psyme~t of the s~ld wm of ; 6:___~. ~ and the D~rfotmsna of the ao~vw+ants and agreements Mroin~itsr e~ess~d. and for div~s ~ood snd valwbk aonsidsrstio~ by these p?eseets~ doed 8nnt. ba?~slr~, s~l~. nmisR nle~ss. oorneY snd oonfim? unro the MORTCACEE Hs wocesso~s and mip~s, sll t1~t osrtain {ot, pieoe or paroel of fand. sMw». h~ir~f ind bain~ In the Couny of ~~.~.~a1~le - and Stste of Fbrtda. dacribed as folbws: Lot 2, Block 2, according to Plat of SABAL PALM SUBDIVISION~ which said plat was filed August 31, 1954, and recorded in Plat Book ~0, page 16, public records of St. Lucie County, Florida. . - y° t~ ~RrNCwtoi-~xts ~C~IVECUgy,L. t'~TwVG19LE PERSJN~I'~O~RTT. pUf ON _w.~, S t A 1 C o~ t- L U t-21 t>A Pv~uR Pc~° `'HAPuetk ChC~nt 1CGVft 9, . t~.~ ~ r DOCUMENTAp~ Sl'AMP 7AX . CuA74S M. lAME3 o = JtlLtT66 ~ ~y toi t- - = 9 9 Or ~ U CO!lPTROIIER ~ - p~. ~90136 o' r ~ ~QU1Y CL~x _ - to~eitrr witl~ ail snd singui~r the tenerr?ents, F~editarr~ents and sppurt~enances thereunto belongin~ or in anyw[se appertaining thereto. and ~+nd profits aocruir~ and to socrw from said promises, sll of whtch sro inci~ded in the above and foresotng de- # TO HAVE M1D TO HOLD the above dacribed and ganted promises u~to the said MORTC/?GEE. its wocasors and assians forsver ; Md the ssid MORTCI~C,OR for ~eu~heirs. exewtas. sdministntars and assi8r~s, he~ebY oorenants with the saW MORTGAiGEE. its wooes- ± aors and sssitr~s. ~,t they are Iswfuf si~ed of Mie said fY premises irt fee slmple; tF~st the ssme aro froe. dar snd ~s- cha~gCd from ail liens snd enc~rnbnntes in law or in epuitY. and th~t__ ~le~[,__ wiii ~nd L~lelY heirs sh~il waRant and defend ths Htk to the same to the sstd MORTG/?GEE~ 11s wocessors snd assigns, fareve~ against ths law(ul claims snd demands of all perso~s; PROVIDED. ALW/1YS that if the MORTC/1G4R shall pay unto the MORTG/1GEE the promissay rwts hereinbefom described. and ` sha11 hu~Y. P~Pt~Y and tu1N P~. disd~aBe. e~oecute. oomptete, corr+P~Y with and abide by each and every the stipulaNons, agreee~sots. ~ oondiNons and tav~er~snts o4 sald prvmisst~ry note and of this Mortgage, then this MortBaBe ar~d the EstaM hereby ueated shall cease snd be null and v~oicl. • IT IS UNDERSTOOD that the word "Mortgagor' ~wF~ether in the sinQular or piurai anywhere in this Mortgsge. shall 6e sin~l'r if one only and shall be plunl jointly and severally if nwre thsn one, snd thst the word "Their' ss used anyvvhere in this Mortgage shall be taken to mean ••his~ ••~her,•• or ~•its~•• wherever the oontext so implies or admits. /11so, that wherev~er there is s reference in ths oovenants ard sBneements herein oonhinad tv any of the parties he~sto. the same shall be const~ued ro~nean as well as the heirs, kega~ rcproxntativ~a. suc- cefsors and sssigns (eitt~er wiuntary by sct of the parties or irn~lu~tary bY ope?ation of the law) of the same snd tF~st the onverwnts herein contained shall bind and the benofib anQ advantages inure`b the respective heirs, legsl nepresentatives. s~x~ssors and assigru of the psrties hereto. Md said Mortgsgors. for themsetves and their heirs, legal represenhtives, wocessors and assigru, hereby jointly and severally ooverwnt ~ and agree to and with the saW MORTC/?GEE. its successors and assi~ns: 1. To pay sll and singular the principal ard interest and the various a~d s~uidry wrm of mor~cy paYabk by virtue of said promissory t rwte. and this nwrt8+~e. esch snd erery prorriptly on the days rcspectively the sama sevenly beaxne due. 2 To psy ~it and si~ufar tfie taxes, sstes4rnsnts. levias. Itabilities. abligations and Jnwmbnr~oes of every naturs snd kind rww on ~ said deunbed prvperty, or that hereafter may be imposed. wffered. Placed. levied, or assesxed thereon or that''hereafter may ba levied or assessed uPo~ this Mort6aSe. or the indeHtedrKSa securod F~y. esch and every. when due and payable scoording to taw, before they be- come delir~qeunf, and before any tnterest sttaches or irry pe»alty is incurrod; and iruofa? as arry thereof is of reoord the same shall be prwnptly sattsfied and e~schsrged of recond snd the origkwt offk,ial doam~ent (such as. for instance. the tax receipt or the satisfaction papet officlaily endorsed or certified) shatl be placad i~ the ha~ds of ssid MpRTC',~tGEE within ten days next aher p~syrr~t; and in the avent thst any thereof 1 is not paid, saNsfied and ~schuged. ssW MOftTGAGEE msy st soy time pay the same or any part thereof without waiving or affecHng any ` aption, lisn. equiry. or ri6ht ~nder w by virtt~e of tMs MortWSa, and the full art~ount of cxh snd every sucft poyn?ent shall bs inrr~e~aMiy ~ due and payabie ar~d shsll besr Interest faoin ths dats the~eoi unNl pald at the nte of six and siu-tenths per oentum per an~um and to~the~ with such interest shsll be seturod by tfie Ikn of tF~is mort~a~e. 3. To place and oontinuousiy keep on the buildi~ rww or herwke. situated an said fand and on sll equipment and persatialty oov- ered by tNs mo~tgsge. with all premiwr~s thereon paid in full, fire inwnnoe in the usual sta~xlard poliq form, in a wm approved by the i MORTGJIGEE~ and tornsdo inwrance in ths uwal stsndard polky fwm,in a sum approved by the MORTGAGEE, in wd~ oompany o? compsnies as the MORTGII~GEE may ~rect; snd ali firo ard tornsclo i~rausnos policia on arty of said bueldi?egs. ar~y interest rherein or part ther~eof, In the s88regate wm aforessid er in e~aoess thereof. shall conhin ths usual standard mortgagee ciause w wch other c~ause x the Mortgsgce msy requin. malcing the loss undsr said policies. wch snd everY. WY~k to said MORTGII~CEE as its inte~est may appqr. arx! esch and every wth PelicY shaq be promptlY +ssi~ied and deliveyed to ard Mld by said MORTGAGEE as further security to said mortH~Be debt. and. not le~ than ten (10) days in advsnce of ths expintion of esch Pu~kY. to deliva t~o a~id MOR7GJIGEE a rerbwal theroof~ MQether with s rsceipt ~ ths P~iun+ of wd~ reneMral; and tMro shsN bs no fin or tornsdo inwrsnoe plaoed on any of ssid bullfirngs. any intercst thereFn or p~art tF~oof. unlesx in the fo?m and vnth the loss psyabk ss aforesaid; and in ths event any wm of ma~ey beoanes psyabb under wch Ff I kG---251-1 M-S~6~-M ~i51 z'~ _ ~ ~ ~~z . . _ . , ~R c~ - p ~ - E r = ~:~;r ~