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Home My WebLink About2443 . , ~ l~io.~o . : ~r+i; INOENTURE. M~ ~!,~2~._-------. n~„ o~. Dece~°r a~9.66. - CL.~AUI~E _t~._ GQ~~S Rnd._~4~J~~E .~~..0~~~ ~his wife , ~ of-__~~. _~..U~~.~------ f-ow+b. Florida, herelnafMr d~sls~atad u tF+~ "MORTGAGOR." and FIRST FE~ER/1l 5/1VIt~iCS /Ii~O } LOMI /1SSOCI/ITION OF INDIM! RIVER COUNTY, a corporation onanized and existinQ unde~ the bws of the Unlted Ststes of M~a~ic~ j and having its printipal place of busir+es3 In fhe CEty of Vero Beach. In~an River County. Fbrida, hereinaher designated ss tF+e "MORTGI~GEE" ~ ~.Y.eII~HlEaIIQtIIQ 1 _A~ is 1(S ~L1U~ the MOR7CAGEE in the wm ofS1X_~1S2~~Yli~s-.Z~4lC4.HI~n reC~ _ f!~t~-~ , Dollars, gc~od and Iswiul rt~w~ey Of the Untted Shte3 sdvanoed by ths MORTt;AGEE u~ro the ~+10RTGI~CAR. as ed by a tertsin promissory note of even date herewith. of whkh the followin~ In vwrds and fi~ures is s hue topy, to-wir • ~ : t~,27Q. , 9805_ v~ e~~?. F~~~. ------De~exnhsr__9,_ ~9_4~_ For value received 1 w viw jointly or severally promix to pay w FIRST FEOEWIL SJIVINGS MID LOMI ASSOCI/1TION OF IN~IMI ~ RIVER COUNTY. the wm of S~s~Q•~--_------•-- at its office in Vero Besch. Florida. wiM interest at ths rate of~?a.~L.~_ ~ pe~ cent per anrwm. in the fol{owir~ manner 5~~~~__ upon the first of e~ch and every month hereahe? unril the full principal wm. with interest. has been Wid: said monthly payments sF?all be applied first to the payment of interest on the unpaW balanoe, and tl~+ to the payment of principal. This note is negotiabb and if default in payrr~ent occurs, may be placed i~ the hands ef an attoroev at law for collection. in whlch event 1 or we sQ~ee to pay the oosts of coltection. inclu~ng a reasonable attomq's fee. and each of us. whether maker. guaranto? or endorser. hereby severally waives demand, notioe of rwn-payment and protest of thts note. -~~3.~~LL~_H~-~'AIIIYl3 -----------------------~_(SeaD ~ /LOULS~ L~~4IIlY2S__-_____ (Ssap ~ In the event anY payment is ~ot made prior to ths 20th day of the month when due. then this note shall bear interost st the rats nf ~.496 frwn the date a~yr such payment became due and througF~ou~ the periad of such drlinquency. State stamps psid and wncelled a~ original of this note in the amaint of NOW. THEREFORE, the MORTGACAR for the purpose of securing the payment of the said wm of S-6-a-?Z0~ ~ aod the grant,~rg n, sellrem~ rekase. acon~nd ca~firm unro~~TGAGEE~ts rssucoe.ts~ors and sssi k tonsiderations. by tt~ese~ ~ does ans. all that certsi~ bt. : iand. situate. lying and being in the Couny of LUCle_-------•-- a~d State of Florida. describsd as follaws: ! The West 150 feet of the East 200 feet of the 1 South 150 feet of Section 21, Township 35 South; Range 40 East, St. Lucie County, Florida. ~ tii PAT~ENT OF TA'~S . - , • , ; _ REC~(~F~ f .C. INTANGIBLE rERSO?1Al car°`~_•. , . ; j ~ ~ ~ ~ „ 1 ~ti'-C DUEON CI.Af+! ACTSdF 2911. OCV~'+ErITlnn-: PURSI?A117 TO CHAPTER 1072L v~-- O ~ a ROGER POITRAS, ~1erk Circutt ur1 ~ s~'~ J ~ _ ~C20'6b 3~ S ~ ent for ~lf ~T15 M. JM' ~ 5 ~ o= _ ~ 9 4; os ~?g ~ U - , ~ ~ c~ - ~ ^ - St. i~ Tax ~~eclor N ce~.~tac_- ~ p.6. t 3~: 3s i~=/~ Cf~C'l.t.~ ~ i~ B~I DEPUTY CLERX ~ rogether with sll ard singular the tenerr~ents. her~taments and appi~t~anc~ thereunw belonging or in anywise sppertaining thereto. and # atl ronts. iswes. prooeeds and profits accruing and t~o aocrue fnom ssid premises, all of which aro :nclided in the above ard foregoing de- sc~iption and habendwn. TO I-UVE AND TO HOLD the above desuibed and granteu premises unto ihe said MORTGAGEE, its w~ssoss and assigns forever. ~ f And the said MORTGACOR for ~e~J~eirs. execurors, adrninistntors and auigns, hereby aovenants with the said MORTG/?GEE. its sutces- sors snd assigns. that----~~,e.~C_~Ie_~ law(ully siezed of the said premises in fee simple; that the same are free, clear and dis- cha~ged f~om all (ie~u and enciunbnntes in law or in equity. and that----- will and __~e~ heirs shall vrarrant and defend the title to the same to the said MORTG'~C~E. its wccessors and assigns. forev~ against the lawful claims and demands of all persons; PROVIDED. ALWAYS that if the ~AORTG/1GOR shall pay unto the MORTC.AGEE the promissory note hereinbefore destribed. and ~ shall truly. PromPtly and fu1~Y Pe~form. ~ischaBe. execute. eon~Plete, car~pfy with and abide by each and every the stipulations, agreements. : conditio~ and tovenants of said promissory note and of this Mortgage, tF~en this Matgage and the Estate hereby created shall cea~e and be null and void. IT IS UNDEFtSTOOD that the word "Mortgagor" wF~ether in the singular or plural anywhere in this Mortgage, shall be singular if o~e only and shall be plural jointly and severally if rrwre than o~e. and that the word "Their" as used anywFie-e in this Mortgage shall be taktx~ , ~ to mean "his," "her." or "its." wfierever the context so implies or admits. Also, that wherever there is a~;-=rr~nte in the cov~ants and agreements herein cantained to any of the parties hereto, the same shall be eonstrued to rnean as well as the heirs, legal representatives, suc- E cessors and assigns (eitfier wl~tary by act of the parties or involuntary by operation of the law) of the same and that the oovenants herein ~ co~tained shall bind a~d the benefits and advantages inure to the respective heirs, legal representatives, wccessors and assigns of the , parties hereb. Md said Mortgagors. fo~ themselves and their heirs. legal representatives, wccessors and assigns, hereby jantly and severally eovenant and agree to and vr~th the said MORTGAGEE, its successors and assigns: 1. To pay all and singular the principal and interest and the various and wndry wms of mo~ey payable by virtue of said promissory ~ note, and this mortgage. each and every p?omptly on the days respectively the same severally become due. ~ 2 To pay all and sir~gular tfie taxes. ass~cvnents, levies, liabilities, obligations and incumbrances of every nature and kind taw on said desc~ibed poperty. or that hereafter may be imposed. wffered. Placed. levied, or assessed therron or that hereaher may be kwied or assessed upon this Mortgage~ or the indebtedness sewred hereby. each and every, when due and payable aacording to law. before they be- come delinquent, a~d befcrr any interest attaches or any pena!ty is inwrred; and insofar as any thereof is of record the same shall be prornptly satisfied and dixharged of record and the original official documeat (wch as, for instance, the tax receipt or the satisfaction paper offitially ~ endorsed or ce:tifie~ shall be placed in the hands ot said MORTG/1GEE within ten days next aher payment; and in the event that amr thereof ~ ~ is not paid, satisfied and discharged, said MORTGAGEE may at arry time pay the same or any part l~reof without waiving or affetting sny eption. lien, equity. or right ~x~der or by virtue of this Mortgage. and the full amount of each and every such payment shall be irtrnediatefy due and payable and shall bear interest fran tik date thereof until paid at the rate of six and six-tenths per ce~tum per annum and together - with such interest shall be setu~ed ty the lien of this rrartgage. * 3. To p(ace and continuo~aly keep on the buildings rww or hereafter situated on said la~d and oz all equipment and personalty cov- ered by this mortgage, with all premiums thereon paid in full, fire insurante in the usual standard poliq form, in a wm approved by the ~ MORTGAGEE, and tornado i:~.wrance in the uwal standard policy fwm,in a wm approved by the MORTCAGEE, in such company or oar+panies ; as the MORTGAGEE may direct; and all fire and tornado inwrance policies on any of said buildi~gs, a~y interest tfierein or part tF~ereof, in the E aggregate sum aforesaid or in excess tF~eof. shall contrin the u~swl standard mortgagee clause or wch other clause as the Mortgagee may ~ require, rr~alcing the bss w~ds~ said policies, eafJ~ and every. payabb to said MORTGAGEE as i~s inte~est may appear. and each and every ~ wch policy shaU be prwnptly assigned xnd delivered w snd held by said MORTCJIGEE as further sewrity to said mo:tgage debt. and. not ; less than ten (10) days In sdvance of the expintian of each polity, to deliver to said MORTGAGEE a renewal thercof, together with a receipt fnr l~,s premium of wch ~enewal; and there shall be no fire or tornado insurance placed on amr of said buildings, any interest therein or part thereof. unless in the f«m and with tfie bss payable 9s aforesaid; and in the event arry wm of ma~ey beoomes payable under wd~ FFiRC-251-IM-S-64-M eoo~16z PaCE 40 - _ ~ ~ ~ , ~ ~ ~ ~ ~ ~ ' - . _ : -