HomeMy WebLinkAbout1421 ` ~ . g~o~ 48? P~cE 25
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~ 1tB/~L-BSTA?8 MOR'PGAGB ~r~a wwnwa oo.. cws sans~. w~a Rrisrd Fota? No. 160-A ~a~s
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KNOW ALL MfiN BY THBSB PRL•SfiN1s: .
THIS INDfiNTURB, Made this 12 dsy of- ~L D.. ~9 66 .
I~,~.~.~censtance D Gerold and William M. Gerold. Wife and Husband
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f of the County ot Storv aad Sun of Io~va, pasty or partiea of the fiat pRrt, aad
I Union Storv Trust b Savings Bank, Ames, Iowa ~~ond part. i
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~ VPTTNESSETH, Thac che said parcy or puci~s of ch~ fust part, in considention of t11e sum of
Four Thousand eight hundred and no/100-----------------
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E~n hand ~id~ the receipt rvhereof is hereby ackno~rledged, do hercby grme, bargain, sell, convey and con5rm co che uid '
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~ parcy of the second pact, and to its succcsson or assigns~ the following described real estate. in the County of ~ ~
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; St . Luc i e and Suce of XdW~ co-wic: ;
Florida ~
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~ Start at the I~ concrete monu~nent of the S~ of the E~ of the SE~ of the NW~ of
i shi 35 South Range 40 East-, then West 96.4' for the point of be- ~
i section 21, Town p ,
i ginning, run South 150•, then West 100', then North 150', then East 100" to the `
I point of beginning, located in St. Lucie County, Florida and the follawing described I
real estate situate in the City of Fort Thocoas, County of Campbell and ;
Coc~monwealth of Kentucky and being all of Lot Number Two (2) of the Morin Subdivision +
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~•as shawn on the plat of said subdivision recorded in Plat Book 7, Pag ~12-G of the ,
f tiampbell County Clerk~s Records at Newport, KentuckX. ~'~r~~~.~~ '
! LASS Y' INTA(IGISIE rERSONA~ ~
!'YRSUI\I'!T TO CMArTER 2072 1~
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; ns M. , .
I i~? I+~oi. C~? Toa t~11«~
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~ , together ~rith ~e~ ~
~ all of the rents, issues, uses and profi~s of rhe said land from now until th~ dcbt socured ( ~
thereby shall be pzid ia full. ~
Tp AAVE A11TD TO HOLD the same, with the apDnrtensnces thereto bebngtns or 1n anrwlae appertafnina, including an7 risht I ;
of homatead anQ every continaent rfaht or sstate therein, lncludlns the renta, issues ana Dmets of snch land anA ths crops ralsed I
chereon, unto the aatd part~ of the second part, anQ to its successon or anslsns forsver; the lntentloa belna to conrey an sbaolute ~
tltls in fee to sald premtaes.
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i The satd party or parties a! the Arat part do hercby covenant aad agres with asid part~ oi the ~econd part. to be no~v lawfully ,
seised of sald premiaes; aad to now l~a~e sood rlsht to sell or oonver the eame. and thst the same are free of sll tacumbrancea, and
warrsnt the title to the asme.
~ PROVIDED, HOR E~'ER. That ff the ssid parts or partles of the nrst Dart aLall par or cause to be Dsid, to the party of the ~ _
~ eecond put, or to 1ts auccessors or assigna ths principal sum ot i
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~ r~:;~ Tho~sand Eis~ht H~ndred and_no~100-------------------~°ilars = b8(Kl_n0-~ '
with iatereat thereon irom = ate st ths rate oi- ( ) Der cent per annum ~
~ accordlns to the tenor s?nd effect of -one- certaln promissor: aote of e~en dats Lerewlfh, sad ot aawunts aad at timea of
msturlty as shown below: i
~ One for ~~DLU3 int~rest Doilar0. D~7sble Sevtember 15 , 1966 ~ j
~ ono ror pne Hundred and no/100 plus interest no~u~, ya~.bis ~ctober i5. 1966
nol~ .~1~ November 15, 1966
I o~e :or Entire balance due am. vs
nne for a • I
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! or anr renswal theraof, in whole or !n Dart. Wsether wltb faterea~ st ths rats of __s~~Y~n ~ar cent per annnm, ~f~!~____________ ~
; annaall~, on an~ Dast due interest or the Drfnclpal oi sald note wLlch shall not La~e besn Da1d wLen due. Sald notes befns ezecuted ~ i
; by the aafd party or panies oi the Arst Dart u?d payaDle to ths order ot ~ ~
I st fu oRiq to--- ~~S ~ I~a aad ahall periorm aU and stnsular the I i
; covenanb hersln con ~d• then the est~te hereb~ srantsd ~~all cesss and tLla mort~ass bsooms null .na aoia sna o~ ~~a st thc ~ ~
i espenss oi aaid yarty or yirtles oi the IIrat part. ~
~ And the ~a1d ysrt~ or DarUes of the nrst part do heteb~ cw~enant anQ aaree to ys~, or duse W be y~lA. the prlnclpsl sum sad ~
f Intereat abovs epeclSed, in maaaer wforesald. tosether wfth all cotts and ezpenses of oo~iecuon, tr snr tnere shall be. and anp costa, ~
i charsea or sttorneYs fee~ Incnrred or pald by the ssid D~?rtr oi the second part, or D~ ib inccesson or aaslsns, In malntalnins tha
pNorlt~ of t61s mort~s.
I And ths sa/d yart~ or yutl~s ot th~ Srst p~rt do further ooreaant aad asres to ps7 a11 letal tues aad assesameats levied nnder
the law~ of Iowa, oa w1d premfses, beforo an~ peoaltr for non-psyment sttaches thereto• alw to sbitaln from tha commissfon of
waete on pfd promises aad W kesp t6e bufld.inss tAereon !n good rep~lr snd tnsured to ~the smount of not less thaa ~Izt7 Der cent
~ of thafr iniursDle ralns. In iasnrance oomDan~es acceptsble to the sald yarty of the secoad psr~ or to 1ts suoceaaon or aasigns, and to •
, asaisn and delher to it all policfes of in~nraace on sald bulidings, aad the renswaL theroof- and in ea~e ot tailure to do so, t6e eafd ~
! i part~ of the ~eoond part. or 1ts saoce~w» or asslsn~, maY Da7 snch tue~ aad assesemeats, make ~uch repsln or eReet euch inear- I
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I ance; and the amonnU pald tLerefor, wfth fnteresst thereon irom tDe date oi yayment, ~t tbe rate of per cent Der Rnnum, ~ ~
f ehail bs oollectiDle with, u Dart of, snd In tde sams manner aa tbe yrlaclpal snm hersb~ ~ecnred. f +
~ It L farther a~resd that fn p~as oi defauit In reapect to an~ of ths terms oi th/s mortRase. the parq oi the seoond part~ efther ~ ~
beforo, or on the commencement ot an actlon to foreclo~e thb mortsasa or ~t any Ume L6srea[ter, ahall be entltled to ths sppoint- ,
meot ot s rscef~er, wno shall Lsve tDe power to take aad 6old possssslon of sald premisea, and to rent the um0. oollect the nnts
' and pro~ts tberetrom. for the beneet of sald mort~ee, pa~ tbe tues Isvfed aptnst ~afd premises, aad ksep the pms fn ropalr. ~
and .,.cn ~sn~ aLall. tn no ereat, be barred, forfeited or retarded b~ reuon oi ~ndsment, deeres or sals 1n sncL foreclosare, and ths ~
i risht to La~e anch recelvsr appolnted npon spyillcadon of the Awrt~es aha11 ezlat reprdless of ths fut of ~olvene~ br lnsolvency ~ :
: ot ~e debtor or mort~or, and re~ardless of the value of sald mort~ased premises, or the waatR loss and destruction of the rents .
; and proets of safd mort~ed yremises. dnrin~ ths statutor~ psrlod oi redemD~o- ~s risht to the appolntment ot snch recefver ~
i ehall bs coa~trued as snziilarf W ~nd in aid of the lien on croDS W Ds ~rown aad ths ~ledse of the reats an3 pro~b ot wid mort- !
; gased premfses u bersinDefore provlded, and ln no msnner a~ detractlns irom or !n dsroqtbn of said lien.
And wberas tt~e wid yartr or yartlq of tLe Ant Dart in maktns apDlicatlon for tLis lou? ha~e mads certaln reDraentstions to j
cne v~cr oc c~e .~ona wrc u to the purpose or pnrDwe~ for wA1ch the moner loaned on thia mortsase wa~ borrowed, such r~pre-
I sentadow ars Lsreb~ specfllcall~ refernd to and msde s yart ot thls mort~s. 1
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