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HomeMy WebLinkAbout0869 6th S~ , A. ~9 66 ~V ! THIS INDENTtJRE. Mads the~. - D~ay of 3-}~m~'r ' ' _____..___~LARENCE.W._ANDERSON and LENA_M.__ANDERSON~ his wife ` of-------_-.~~..__~.e~lS'r~. Couny. Fio~id~. Mrot~after dest~natsd as tf~e "MORTGJIGOR," and FIRST FEQERAL SAVINGS NJD i LOMI ASSOCIATION OF INDIMI RIVER COUNTY. a oorpoaNon organi:ed and ~xistin~ und~~ tM Is~ of tM United States of Amwia and hsvin~ its principal plxe of Dusineu in ths City of Vero Besch. Indian River County. Florida, hereinafter desiWuted u ths "MORTCAGEE" ` ths MpRTWGOR is j~ tfie MORTG/~GEE in the sum of_~ce~-TbQ~t~.d.--E~te Hundred Q~~-----_- ct Co~isn. Qood snd lawtu~ mone~? of tM u~ir.d sates sdvanad b~? th~ MORT~~~GEE unto the MORTGAGOR as wid~+ced by a oe~in promissory nots of even date herewit~+. o# which t1+tr foiiowin~ in war~ and fi~ures is s tn~s oopy. to-wit: . . 7 rJ~. ~ . , - - s " No.____- O Vero Beach. Florids. ~ 19--~- For value received 1 or vw jointly or severally promise to pay to FIRST FEDERNL S/1VING5 /WG LOMI /~SSOCIATION OF INDIAN RIVER COUNTY. the sum of S-_.7..ss5~s-~.---_-------- st its affite in Vero Besth, Florids. with interest at tM ~sts of____ 6. 6 per oent per anrwrn. in the followins tn~nne?: ~6__~ upon tfie Hrst of exh and every month hereaRer until the full principal wm. with interost. has been W~: said monthly payments shall be spplied first to the payment of interest on the unpaid balante. snd thsn to ths WY~~e^t of pri~tlp~l. Thfs noM is nsQotisbl~ snd if default in psyment otcurs. may be Plsced in the hands of sn sttorney at law for coilection. In whkh event I w w~e s~ree to pay tM ooats of ootlection. including a reasonabk attorney's fee, and esch of us. whether maker, ~uarantor or endorser. hereby sevenlly waives de~nsnd. rwtice of ~on-psyrnent and protest of this note. ____~s jClarence W . _ Anderson .______~___~,p s Lena M. Anderson cs.,u 1~ the evant arry payment is not msde prior to tM 20th day of the month when due. then this note shaii bear interost at the nte o# ; 8.496 frorn the dats any wch wYme~t bxame due and throu~ghout the period of such delioqusncy. $yte stamps paid snd tancelled on originsl of this note in the smaint of s 11. 25 NOW, TNEREFORE. th~ MORTGAGOR for the purposs of securing tF~e payment of the said surn of s-/~s~-~--- a~d the perfonn~nce ~f the covenants and aBreennsnts hereinaksr e~d. +~nd for divers ~oo~d and vsluabk caruldenHons. bY tl~ese P~ts. does ~ grant. bargain. xll. re~nise. relwse. conveY aed oonfirm unto the MORTGAGEE its wooessors snd sssi~ns. ail that certain lot, pieos or paroel of , land. situste, lying and bein~ in the County of _~•St.__Lucie ,~a sr~r~ ~ F~a.. described as folbws: ' i ~ Lot 13, Block A, Revised Plat of COBB'S PARK, according ~ to plat thereof filed for record in Plat Book 8, page 54, Public ' records of St. Lucie County, Florida. . ~ J~ REGE11?EDf IN PA~MENiOFTAxls DUE ON CL.ASS ~C~ ~NTANGI9LE rER50NA~ r~E~• PUR3UA!!t TO CMA~TER 20~21. ACTS OF 1Y41. - pp~TWS, Gsrk CMcvit Cc~rt a ~ ~t CUxT15 M.IAMES ~ ta ~«rot St. ~ ~y DEP11R CLEIIlC I i I ~ togetF~ with all and singular the tenerr~ents. hero~taments and sppurtenances tF~eunto bebn6tn~ or in snywise appertai~ing thereto. and ~11 ronts, iuues. prooeeds and profits souuin~ and to socrus fron+ s~id prcmises. sll of wF~ich ars inckded in the above and foregoinB ds- scrtption and habendue~. ~ TO HAVE MID TO HOLD the above dac~ibed and ~ranted promises unto the said MORTG/1GEE. its ux~sors snd aui~ns forcver. And the said MORTGAGOR for~Le_l~heirs, executors. adrr~inistrators snd usig~. heroby aoveoants with the said MORTGAGEE. its suoces- ~ sors and assi~ns. thst ~ey are !_~M?~,iy ~~a ~ ~r,~ ~~a p~«~~ ~~mv~; that the same are free. clear and dts- charged from all lier~s snd enaunbrances in law or in equity. and that---~ wili snd heirs shall wsmnt and ces defend the titie to the ssme to the said MORTWGEE. its wa.essors and assigns. forever against the lawful claims and demands of all persons: PROVIDED. ALWAYS that if the MORTGJIC'AR shall pay unro the MORTGAGEE the promissay note hereinbefore de~ibed. and shall truly. PromPt~Y snd tul~Y P~~Form. ~uhar8e. e~~. ~^^D~. ~~P~Y with and abide by each and every the stipuistions. agreements. ; conditians and octienants of ssid pranissory note and of this MortBaBe. then this Mortgage and the fstate hereb~y treated shall cease and be ~ ; null and wkl. ~ IT IS UNDERSTOOD that the word "MortgaSor' whether in the singubr or pfurai anywhere in this Mortgage. sF+sll be singulsr if ons onty and shall be plural jointly and xverally if more than one. and that the word "Their' as used anywhere in this Mortgage shall be tsken to mean "his," "her." or "its." wherever the oontext so impites or admits. Also, that wherever therc is s reference in the oo~ver+ants and agreements herein oontained to any of the parties hereto, the same shali be oonstrued M rtwan as well as tfie heirs. legal representatives, suc- cessors and assigns (either voluntary by act of the parties or involuntary by operation of the (aw) of the same and that the covenants herein contained shall bind and the benefits and advantages inure to the respective heirs, legsl representatives, wccessors and assigns of the ~ parties hereto. _ Md said Mortgagors. for thenuehres and their heirs, legal representatives, successors and assigns. hereby jantly and severally oovenant and agree to and with the said MORTGAGEE, its successors and assigns: 1. To pay all and singular the principal and interest and the various and sur~dry wms of nwncy payabk by virtue of said promissory note, and this mortgage. each and every p~ornptly on the days respectively the same severally became due. 2 To pay all and singular the taxes, astesunents. levies. IiabiliNes. obligations and incurnbrances of every nature and kiind now on said destribed PropertY. or that hereaker may be imposed, suffered. Placed. levied, or assessed thereon or that hereaRer may be levied or ; assessed upon this MortBaBe. o? the irdebtedness secured hereby. each and every. when due and payable acoording to law, before tt~ey be- ~ come delinquent. and before any interest attxhes or aoy pens~ty is incurred; and insofar as arry thereof is of reoord the same shall be promptly ~ satisfied and discharged of reoord and the origlnsl official dotument (wth as. for instance, the tax receipt or the satisfattion Wpe? offitially ~ endorsed or certifie~ shall be placed in the hands of said MORTCAGEE within ten days next aker payment; and in the event that u~y theroof ; is mt paid, sstisfied snd discharged, said MORTG/1GEE may at any time pay the same or ar?y part thereof without waiving or affxHng sny ~ cption, lien. equity. or right under w by virtue of this Mortgage. and the full amount of each and every wch payment shall be imrnediately # due and payable and shall bear interost from the date thereof unHl paid at the rate of six snd six-tenths per centum per arv~um and togetF~ t with wth interest shall be setured by the tien of this mortaaae. 3. To plate and oontin~wusly keep on the buildings raw or hereafter situated on said land and a? all equipn?ent and personalty tov- ered by this mortgage, with all premiums thereon paid in full, fire inwrance in the usual standard poliq form, in a wm approved by the MORTGIIGEE, and tornsdo inwrance in the uwal standsrd poticy form,in a wm approved by the MORTGAGEE, in such oompany or eompanies as the MORTG/1GEE may dirett; and all firo and tornsdo irawance polities on a~Y of said buildings, any interest therein or part thereof, in the aggregate wm aforesaid or in excess thereof. shall oonhin tF+s uwal stardard mortgagee clause a wch oNxr clause as the Mo?tgsgee may require, making the bss under said policia. each snd every. payable to said MORTGAGEE as its interest may appear. and each and every such poliry shall be promptly suigned srxf deliverod to snd MW by ssid MORTGAGEE as further searity to said mortgage debt. snd, not less than ten (10) days in advanos of the expintion of esch polky. b deliver to said MORTCAGEE a renewal theroof, together with a receipt for the premium of wth renewsl; and thtro shall be no fim or tornsdo inwnnoe plxed on any of said buildings. smr interest therein or part thereof, unless in the fam snd with the lou paysbk ss sforesaid; and in the event any sum of nwney beoornes paYsble under wch FfIRC-251-1M-5-64-M ~ ao~i54 zq - _ _ - ~ ~ _ -