HomeMy WebLinkAbout1948 ' ~ 7~ E
~ THIS INDENTURE. Made tl+e_...__??nd Day of_ t-~Y--------_-----_~___, /1. D. 19~2., b~tvvee~+
._JOHN_ M, _ McCARTY ~and_LOUISE F. McCAR'TYt._his wife `
of----_--a~~.__~ll.C~ Ca~nty~ Florids. heminaha dssl~n~ted ss ths "MORTWOOR." and fIRST FEDER/1L 5/1VIN(,Y. /W~
LOMI ASSOCIATION OF INDIMI RIVER COUNTY. s corpontion o~ani:ed snd existi~ under'tM laws of tM United Stata of M~ica
and h~vin~ its principal pi~ce of buslness in tM C~ty of Vero Bc~d~. Indian Riv~er County. Ftorids,-hereinafter desiCnated u the "MORTW~GEE."
H~~/~~ J~ypRi~i
',pR is j i IY.y~c~,~d tA.4~ MORTWGEE of`~~~-E--~it 'Ihousand. S~ven
in,L ( s'~~~.~li~StU_.~ Oolla?s. Qood a~d 4wfu1 money of tM United Sbtes sdvu+o~d by th~
MORTG/?GEE unto the MORTCJIGOR ss evid~+ced by s certain prcmiuory note of evan date Mrowitfi, of whkh the followin~ wads
and flQu~es is a fn~e Copy. to-wit: ~715 I
s t t . ~
.
~ v.~ ee~?. F~«~~. _____Se-Ptember 22;~_.~------- ~9_.~b
For value received 1 0~ we iantiy or severally promise to pay to FIRST FEDERAL SAVINGS AND LOAN /`SSOCI/1TION OF 1(J~IAN
RIVER COUNTY. tha wm df =.~~Z~s~-------•---__. at ifs offita in Vero Be~d~. Florida. with inierost at the rste of_.~?.~
per ant P~ in ths folbwint manne?: . t(.~.
s 3~~~~___ upon the first of each snd every month hemaher until tl+e •iull principa) wni; with inte?est. has been Wid; said
monthly psyments shall be applied fint to the payment of interest on the w~paid balsnte. snd tMn to ths p~ymeot of principil.
This not~ is negotisbk and if dehult in psymeM oowrs, maY be Ptaced in tF+e hands of an attorney at law tor collecNon. in whid+
evant 1 or we sgree to pay the coats of collection, includir~ a ressonable attorney's fee. and e~d~ of us. whether m~ker. ~uanntor o? e~dorssr.
hereby severally waives de~rwnd. notice of oon-payrr+ent and protest of this note.
--~s~John _M,~ McCarty--------- ------------------cs~a
--~-s1.Lauis~E_Mc grt3c. a.~a
In the event sny paymer?t is not made prior to ths 20th day of the mo~nth when due. then this note shall bssr inrirost at the ate of
8.4 ~ fram the dats any such payment became due and throu~hout the period of wd~ delinqusncy.
Stste stamps p~id and anceHed on original of this note in the amamt of
NOW. THEREFORE. the MORTG/1GOR far ths purpose of securing the payment of ths said wm of s 38• 7~• ~ and Nr
g
ant.~rg~ain~setil~rcmi ,se rekue. o~on~vey~and ca+firm ro~~TG~?GEE i~~ snd assi~pns,
al~l
ha oe«it~ain
bt pieas~or
land. situate. hiin8 and bein~ in the Couny of St.__ Lucie_~_~----------~_ ~~,a s~~~ of F~a~. described u follaws:
Lot 1, Block "A", EXCEPT that portion lying East of
Indian River Drive, according to Plat of Andrews and
Richard's Addition, a Re-subdivision of Lots 3, 4, 5
and 6 East of Railway, of Tyler's Subdivision of Government
Lot 4, Section 10, Township 35 South, Range 40 East, ~
Public Records of St. Lucie County, Florida. ~
_ ~.s _ ;
pFC~lyEO: IN PATM[liTOwTA~!!
DUEON CLAlS'C' INTANGIBLE ~ER~M4~ ~RO*ERTY.
~RBUANT TOCNA~TER 2072a, nrTSO~ 14~1. W ~J + h'. 1 G''' 1'~ i_ V i~{ i Li ~
R~Gfit P^lT~.aSrark Cirr.~:t G_~rt t~ ~ DOCUMENTAoN STEtiN1P 1"AX
z ' '
~~u tTIL M.IAMES ~ = OCT-s66 y°!~: -
s~.~. c.~r,? = v~- ~ 5~ 0 5~
' T~ ~O~ tA V co~Taot~~ " -
~~+c~c•.~
I ~$.190i38 -
~
~t .ryrN?tse apperta s
i together with ali and singulsr the tenerr~e++ts. he~ed'itan+ents and sppurtensnces thereunto be or in inin thereto. snd
sll rants. iswes. proceeds srd profits acauin~ and to socrus fran s~id prernisss„ sll of which ara inclid~! in the ~bovs and for~oin~ de-
~ uriptio~ snd haber~dura
~ TO HAVE /WD TO HOLD ths abave destribed snd ~ranted promises unto the said MORTGJIGEE, its wocasors snd sssiQns for~aver.
And the said MORTGAGOR for_~e_u
heirs. executo~s. sdndnistrstors and sui~ns. hereby oovenants with tfie ssid MORTG/1GEE. its wctas-
,~,d ,u;~, ~r„t_ they are ~,M?r„iy ~e~d o~ ~r,~ ~~d a~ fae simp{e; thst the same are froe. cksr and dis- ~
charged from all liens and enaunbrances in law or in equlty. ud that---~e~--~- will and heirs shall wansnt and ~
defend the titb to the same to the saW MORTGAGEE, its wooessors and assigns. torever against the bw(ul claims and d~nands of all psrsons:
PROVIDED. /?LW/1YS that if the MORTG/1GOR shdl p~sy unto ths MORTGAGEE the prorr+issory note hereinbefore desaibed. and +
shail truly. P~omPt~Y and fully perform, dixbarge. execute. torn~lete. canplY with and abide by ead~ and esvery the stipulations, ag~reanents.
c~tio~s and cwenants of said pranissory note and of this Mortgage. then this Mortgsge and the Estate hereby created shall cease and be
null and voitL
IT IS U1IDERSTOOD that the word "Mortgagor" whether in the singular or plural anywhero in this Mortgsge. shall be singular if ons
only and shall be ptu~al jointly and severally if more than one, and tfiat the word "Their" as used anywhere in this Mortgage shall be taken
to mean ••his,•• ••her~ • or ••its," whereve? the tontext so implies or admits. /1lso. tfist wherever there is s referente in the aovenaMS and
agreert~ents herein contained to any of the parties he?eto. tfis same shall be oonstnud to mean as well as the heirs, legsl representatives. suo- (
cessors ard assigns (either wluntary by act of the parties or imroluntary by operation of the law) of the same and that the oovenants herein t
containe.d shall bind and the benefits ~d advantages inure to tfie respective heirs. legsl repraentatives, sucoessors and sssigns of the ;
parties hereto.
Md said Mortgagors. for thernselves and their heirs, {egal representatives. wtcexsors and assigns. hereby jantly and severally covenant
and agree to artd with the saW MORTGAGEE, its successors and assigns: '
t. To pay all and singubr the principal and interest and the various and wndry wms of Raney Wrable by virtue of said promissory
note, and this mortgage, each and every promptly an the days rcspective~Y the same sevenlly bccorne due.
~ 2. To pay all srd singular the taxes, ssses.ur~ents, levies. liabilities. obligations and inan+brarKes of every naturc +nd kind now on
said described PropertY. or thst heresfter may be imposed. wffered, placed. levied. or asseszed tF+ereon or that hereafter msy be levied or
assessed upon this Mortgage. or the indebtedness secured hereby. exh and every. when due snd payable accordi~ b law. before tFiey be- ;
come delinquent, and before any interest attaches or sny penalty is incurred; and insofar as any thereof is of reco~d the same shsll be promptly
satisfied snd discharged of reoord and the original officisl docunent (wch as. for instance. the tax receipt or the satisfsction paper officially
endorsed or certifie~ shall be placed in the hands of said MORTC.AGEE within ten days oext after payment; and in the avent thst a~y thereof R
is not paid. satisfied snd disclwuged. sald MORTGAGEE msy at sny time pay the same or any part thereof without wsiving or affecttng any
uption. lien. equity. or right unde~ or by virtue of this Mortgage. and tF+e full amount ot each snd evesy wch payrr+ent shsll be imrr~sdlately :
due and payable and shall bear interest from the date thereof unH) paid st the nte of six snd~e ths per centum pe~ onnwn and togetF~ ~
with suth interest shall be secured by the lien ot this mortQa~e.
3. To place and oontinuously keep on ths buildings now or hereaRer.situated an said land and on all equiprt~ent and personalty oov-
ered by this mortgage. with all premiums thereon paid in full; fire inwnnte in the usual standard poliq form. in a wm approved by the
MORTGAGEE, and tornado inwrance in the uswl standard poUcy form,in s wm approved by the MORTG/1GEE. in wch oompany or oomp~snies
as the MORTG/1GEE may dircct; snd all Hrc and tornado inwnnoe policies an any of ssid buildings. sny interest therein or part tf~eof, in the
aggregste wm aforesaid or in encess tF+ereof. shall cantsin the ususl standard mortgagee clause or wch other clsuse as the Mortgs8ee may
su~th poliCykshalltbe proe?ptly assig~ed jsnd d~liverod and heW~by~ss d MORTOC.AGEE asEfurcher ~~securib ~ ~r~B~6e debt. and, not
less than ten t10) days in sdvsnce of the e~InHon of escfi polky. to deliver to sald MORTG/?GEE a renewsl thereof, togetha with s reosipt
for ths premium of wd~ renewal; snd thero shdl be no firo or tanado inwnnce plsced on any oi said buiWings, any intenst therein or
part thereof. w~leu in the form and with the bss p~yabk ss aforaaid; snd in the event ar~r wm of money beoomes psyabk under wch
FFIRG-2S1-1 M-S64-M
$~156 ~ ~45
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