HomeMy WebLinkAbout0728 9~89 ~R
• THn nvoEt~,ruRE. M.d. -1~-- a.,? of_.l.anuarv ~ ' j~' , A. u. ~9.~. b.tw..~+
.__w W~~~_~~'r~~ ~1C~~rid PA~C~ I~,._.~~1 ~_his wife
of-,~t+~c-~~:~LLIC~S._~~1'-- G~unny~ Florid~. MniniftK d~si~tited ss ths "MORTG/~OOR." ard FIRST FEDER/1L S/1VINCS /1IVD
LOMI /1SSOCI/1TION OF INOUW RIVEtt COUNTY. a oapaation oKani:ed s~d axisN~ undsr tM liwa of tM UNtad Stahs of M+~ia
•nd htvine its principsl pisp of bt~sir~ss in ths Cify of Ve~o Btach. I~dian Rlvet CountY. Florid~. Fwreitifter d~siOwfod as the "MORTCIICE@••
Whl tF?s MORTGAGWt It just ~,~M MORTC/1GEE in fhe st~A''of~i
~t~~BB F~,v~ Hy~ire~sl
cs ~w~ oolw~s, a~d ,na lawful tr~a~s~?. o~ tn.: u~~t~d sat« .a~a~o.d b~? d+. .
MORT unto th~ MORTCI?OOR. ss wi~d~ed~~ cahin P~~Y not~ of eve++ d~te h~c~wid?, of which the followie+~ in wada
and fi~ures is s tn~ Qopy. to-wit: np~yy _
s-1Q-~~--- . . ~ ~~v~r i.-
~ 3 : ~
Y~ro B~sd+. Florlds. -.~.+e+:u~
1•-----. 19~
For value ?ecetwd 1 or vw jointiy or severslly promts~ to p~y to FIRST FEDERAL SAVIWCiS /1ND LOMI /155i0C1/?TION 0~+ IND1/1N
R~vat COtlwTlr. t+» sun+ of s-~4s at Hs offic. in v«o e..d~, ~F~orid... wl~;'"`!~!s4-_1 ar. of 6. 9
pst qnt pK a~rwan. M NN fOllowin~ m1nnK: , : ' ~ ~ • : • ; ? y : .
..i.i ;r.'::IjC.S c:~
=~Vr). W {Qp~~ ~M ~fS~ Of liC~1 i1K~ BMQfy IIIQ11~1 ~1lfOi~lf 1t11~~ ~IQ fU~~ Qf~11C~p1~ S{~11~ 1N~~1 ~Iltffiit. ~lii ~OOfI Pl{di Sib
monthly psyments shdl b~ aDPlied first to tM payment of h+te~t on ths unWld balanos. and thsn to tir p~yment of pcindWL
TNs nob is e~otiabb and if d~huh {n piyrrwnt ooWrs„ m~y be plaad in the hsnds of an attomay at law for oollectiae. in whkh
evM?t 1 or vw s~?~s to pay the costs of oollectia+. inclu~r~ • ~asonabk attanay's he. and esch of us. whetF~ maker. twnnto? a andorser.
henby severally waives dernsnd. ootios of non-psl?n~+t +nd Protest of this r+ote.
~~Williatn Curtis King~L. cs«a
_ /s/Patricia.J,,,_~~ cs..o
1~ the ev~nt any psyment is net-rh~de prior to ths 20th d~y of the month wlisn . then thb rat~ shall bssr int~nst at tM ate of
8.4 ~ from the dat~ any wth payment becsme due snd throu~hout th~ paiod of such dl~quencY.
$tate stanps paid ~nd canoelkd ao ori`ioal of this rwte in the arno~a~t of s~~__----~
NOW. THEREFORE. th~ MOItTGACAR for th~ p~upas~ of s~auini ~ WY~~t of th~ ~id surn of =~QQ..~-- and th~
perfo~ of th~ oo~venants ~nd s~r~erw+ts h~reinaft~ ~as~d. and for dive~s sood and vah~abk oor~slderatians. bf? tM~s P?as~nts. does
gnnt, bs~sin~ stll, romise. roksse. oorneY and oonfimn unto the MOItTGACEE 11s suoo~ssors and aui~s. all th~t outain bt. pi~os or p+rosi of
and. situ.r.. hrin~ .nd beh,s in N,. can+y of _:_fiL._~auGie «,a sr.r. of F~orw.. dacr+b.a ss folbwt:
From the intersection of the Northerly line of Okeechobee Road original 33 foot right of way
line and the West line of the East 1/2 of Southwest Quarter of Northwest Quarter of Section
19, Tawnship 35 South, Range 40 East, run Southwesterly along said right of way line 156. 8
feet to point of beginning; thence run Northwesterly on a back angle of 85 degrees 57 minutes
for 237. 3 feet; thence on a back angle of 86 degrees 31 minutes run Southwesterly fo~ 179
feet; thence on a back angle of 111 degrees run Southerly for 21$. 9 feet; thence on a back
angle of 88 degrees 25 minutes run Easterly for 109. 8 feet to the Northerly right of way line
Qf Okeechobee Road's original 33 foot right of way; thence run Northeasterly along said 33
foot right of way line for 137.7 feet to poiut of beginning; LESS the South 7 feet of that part
of above facing Okeechobee Road.
I tr,e~«a,1o b.loe~ine or in .nrwis. appKtairdry t1~er~to. a~d
~ together with all snd sin~ubr the tenements. hao~tamerMs and apputter~noss
a~~ nnts. im~s. prooesds and profits aocniy sna to aoaw from s~~d pena~e~, of wNd+ sn. tncM,dee in the .bovs ~na foresans de-
scriptio~ and F~ab~ndu~n
~ TO HAVE /1ND TO HOLD the sbovs dauibed snd ~ranted pnmis~s unto ths ssW MORTG/1GEE, its r+ocessors and assi~s iwaver.
Md ths s~td MORTG/1GOR for~lLhsirs. e~cecurors. sdministators snd assi~ns. harebY aovenants with ths said MOR'TGJI~GEE. its wooes-
sors snd asst~ns, thst ~e;t~I~ Iswfuly sieud of the saW prrmtses in fee simpb; tl~at the ssrne sro frae, cks~ and ~s-
charged from all lians and a+airnbranoes in law or in equity. ard tt?at_ ~ey will and ~e~ hNrs shsll warnnt ard
defend ths titb to the same to the ssid MORTGAGEE. its s~uoasso~s and sssi~ns, iore~rer against the I~wful clsims and de~rw~ds of sll persons:
PROVIDED. /U.WAYS th~t if the MORTCJ~t'~OR shdl pay unto the MORTGAGEE tha pra~ory rwb heninbsforo ds~ibed. and
s?,a~~ mry. w~ompth? snd fi,~y pe~fomn, ~schsrge. exeane. oomplete. ~omph? wiH+ snd sb+de br wch ,na e~rary tl+s stiq,lattons, ag.eaments.
condiHons and aovenants of said pranissory note and of this Mo~t~s, than this Mort~sge and the Estste F~e~eby cr+wted shall u~ase snd be
null and voieL
IT iS UNDERST00~ thst the word "Mortgsgor' whether in ths sing~+br or plural snyvrhers in thls Mort`age. shall be singalar if oro
only and ~shall~ be plurai jointly and severatly if r?~wrs than one. and that the word 'Their" ss usod snyvrhero in this Mortgsgs thsll bs taken
to mean hls. her~ or ~ts. wherever the oontext so Miplies or admits. /11so. that where+rar there is ~ reference in tfie co~renants and
ag~ts herNn oonhined M eny of the pattias Fiereto, the same shall be oonstrued to mesn as w~eli ss the hairs. leg,d reprssentatives. suc
cessflrs and assigns (either wluntary by act of the parties or inwl~ntarY bY apention of the law) of the same and tl~at the aorensnts herein
conMined shatl bind and the ixnefits and advaMates irnue to the respectiv~e helrs. legsl represantatives. wcoessors ared aui~ns of the
parties hereto. -
Md said Mort~agors, for tt~ar~seMe; and their F~irs, legal represenbtives, wocenas and ass~8ns. herebY jantly and severally aovenant
and agree to snd with the said MORTWGEE, its wttassors and ssstans:
1. To pay ali snd singular the principal and interest and the various u+d s~u~dry wms of nwnef~ D~Y~~ bY ~?h+s of said P~ort?issorY
note, and this mortgags. exF+ and every promptly on the days nspect(v~ely the sime srverally beoome dus. f
2. To psy all and singular the tazes. ss~rnerm, Iwies, Itabilities„ obllgations and tncunbrances of eMSry osturo and Wod now on j
said destribed propsrty. or tF~st hereafter msy bs itripoted, wffered. Placed. leviad. or assessed thereon or that heroafter msy be Isvied or
assessed upon this Mortga~e. a ths indebtedness s~au~sd h~ieby. ach and every. wheo due and payabk sooo~d'ing w law. befon tl~e~r bs-
come delinquent. ard beforo srry interest attxhes orany pensity is inwmed; and insofar as any thereof is of reeord the same shall bf promptly
saHsfied and discharg~d of reoord ud tfie ori~intl of(itiai 1 docurr~ent (such as, for instanoe, the tsx roteipt or the satisfsttion paper offkislFy
endorsed or certified) shsN be ptaced in ths Fwids of.said MORTG/1GEE within ten days next after p~yment; and In the ~vent tMt any thsrsof
is not psid. sstisfiad and ~scharg~sd. ssid MORTGAGEE msy at sny time pay the same or s~y part thereof without v~iving or affecNnS ~+Y
option, lien. equitY. or ri~ht urder w by virtue of tfiis Mort~s~e. and the full smoimt of ead+ and evsry wch p~yment shsll be immed(atel~r
due and paysbk snd shdl besr interest from tht date th~reof until paid at the nte of six ~nd ~ths par oentum pe? srvNen and toBether
with wth interest shail be setured by the Uee~ of tF~is rtwrt~e. " " @
3. To pisos snd oontimiousy keep on ths buildir~s now or hercafter situstsd on saW lard and on all equipment and personalty cov-
ered by this mortgsge. with all praniums thereon paid in full. firo inwnnce in the ususl standard poliq form, in s wm approved by the
MORTG/1GEE. snd tornado inwnnce in the usurl stand~rd polky tonn.in a sum approved by the MORTG/1GEE. in wd~ oompany or oorrip~nia
as the MORTGAGEE rnsy direct; and sll flro and torrycb frau~ana polides an any of said b~ldit~, sny interest therein or part tFtaroof, in ths
aggregate wm siorosstd or in exosss tMreof. sl+sll oonbin ths uswl standsrd matgsses cisuse or wth othsr clause as the Mortga~ee mn?
requir~. mskie~ ths lo~ urd~r said polkles. ~ch ud ~Y. to said MORTGJI~GEE as its int~er~st m~y appear, and esth and tvery
wch polky sha11 bs promptly aat~ed .nd deliverrd to and M~
aid MORTCI1iCEE as iwther sea,rity to said mo~tgs~s debt. and. not
las than tae ()0) days in advu~o~ of tM expintfon of esch polky. to deliver to ssid MORTGJ~GEE s rernw~l Mweof~ t~o~ther wHh a npipt
for the prwntum of suth ronewsl; and tlwns slnll br no flre o? rans~b insu~snoe p~+osd an any of said buildi~s. snY inter~st thsr~tn or
part thereof. unless in the fotm and with th~ loss p~yabk as sforaaid; snd in th~ s+rent anY sun of mor~y b~oonws p~yable urwlsr wch
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