HomeMy WebLinkAbout2234 ' 1~iG~ ~
THIS INDENTURE, Msde the__._7~ Dsy of~.....,ebruar _ ~ A. D 19~... betwoen
---_-~ABY__~_ AQ~K~~-$.~s3ng1.~--I~rson._ ' -
of_ St.t. Lucie ~,,,,,ti~ Florida. Mmin~fter dai~nated u the "MORTGAGOR," snd FIRST FEDER/1~ S/?VINGS MID
LOMI ASSOCI/1TION OF INDIMI RIVER GOUNTY. s corpontion o~anized snd existin~ under the bws of tM Unitod States of Mw~iu
and having its principsl place of busi~ess in tF?s Clty of Vero 8a~sch. Indian River County. Flo.id~. herei~aher desiQnsted u the "MORTCAGEE" i
WH ~t ths MORTGAGOR is just t t~~ tM MORTGAGEE i~ ths sum of.~lr~~11C~---~-~BCl i
_SILCI-11U 1~ =-=-_-=.s~_ (s.~ ~~.-Cl(1____~ Oollars. ~ood and lawful moray of the United Shtes adva~osd by tM (
MORTGA~E unto the MORTG/1GOR. as wid~nced by a certsln promluory ~ote of evan date herowith. of whkh the followin~ lo words ~
and 8`ures is s hw Copy. to-wit: ~52 i
t-~.~-9(K~.-QQ_--- Na---__---._-- _ ;
vero Beach. F~«~da. -----------F~uar_~r,~_.---------------_____ 1911Z .
For value reteived 1 or we jointly or severaliy promise to pay ro FIRST FE~ER/1L S/WINGS MID LOMI l1SSOCINTION OF INDIMI
RIVER COUNTY. the sum of S-3-a--~`^' ~ at its ofHoe i~ Vero Beath. Fiorids, with interost at the nM of~l~ ~
Pe? ant per snrwm. in ths folbwir?t n~nar ' ;
I
S_~..,.QQ---_ upon tl~e Nrst of each and every month hereaher until the full printipal wm. with interost. has been paid; said
te
monthly payments shall be applied Rrst to the payment of interest on the unpaW bala~ce. and then to the psyment of principal. _
Thh nots is negotiabla and if dehult in payn+ent occurs. msy be R"•aced in the hands of an attomey at law for collection. in which ,
event 1 or w~e agree to pay the coats of tollection. including a ressonabk attorney's fee. and each of us. whether maker~ guanntor or endorssr. .
F,eroby sevenlly waives derr~and. rwtice of non-payrnent and protest of this note. '
~ ------/s~~~3~.E___Rn~~_ ----------------------_____cse.a
_ cs~a
In the event any payment is not made prior to ths 20th dsy of the month wF+en due. then this note shall bear interost at the rate of
8.496 from the date sny uxh payrnent became due snd throughout the period of such delinquency. ;
Sqte stampa psid and cancalled on originai of this note in the ama~nt of 5--~5--=-$+~----•-----..
NOW, THEREFORE, the MORTGAGOR for the purpose of securing the payment of ihe ssid sum of 5--3:--9~' ~ and ths
performance of the tovmants and agreernsnts hereinsfter exp~sssd. snd for divers good and valwbb oonsidentions, by these presents. does
grant, bargsin. sell, remise, release, convey and tonfirm unto the MORTCJIGEE its wocessors and assians. all thst tertain lot. piece or paroe~ of
land, situate. lying and being in the Couny of ______~~~._~llGl~---~---. snd State of Florida. dacribed u follows:
Lot 9, WILLIAMS SUBDIVISION, as per plat thereof on file
in Plat Book 4, page 60 of the public records of St. Lucie
County, Florida .
_ ~
D 1N PAYMEM~ OF Tl?XP~
O~.W~ _ ~N~IBLE PER~~AL PRO~Rn•
~UE OM CLA55 ~G~ INT
~~AN7 TOGHAPTEi120~2l. Ac:tSOF 194 •
~R PO(TRpS. Clerk C~~it Carrt
w `i t I C ` ~ l~ b~ : ~..3 ~ ` ~,~T{5 M.1~?ES
a} DOCUMENTa~"' STAMP TA. as ~ ja CoAed'c~
J Z ~ FE622'6? t~~~` _ Sf. V~ x ~
O - • - d~~~C/'/" p~pUTlf CLEiI[
~ = ~ 5 B 5= dy
V) V COMPTROLIER ~:r -
(-'R, i?9138
~
together with sli and singular the tenert~ents. heredihments snd sppurtenances thereunto belonging o? in aoywise appertaining thereto. snd ~
I~ sU rents. issues. P~ocee~ and profits saruing and to sacrue fram ssid premises, all of which aro included in the sbove and foregoing de-
I st~iptian snd habendurn.
' TO HAVE MID TO HOLD the above destribed and granted premises unto the said MORTGAGEE. its wocawrs and auigns forever•
~ Md the said MORTGACAR for__111.S--heirs. executors, administrato?s snd assigns. hereby covenants with the said MORTGAGEE. its wa.es-
sors ard assi~ns. that__ he iS ---------~_lawfuity siezed of the said premises in fee simpk; that the same are free. ckar and dis-
~
charged from all lier~s and encumbrances in law or in equiy. ar~d that---------~----~-- will and _~l].S-__ _ heirs shall wamnt and ~
defend the title to the same to the said MORTGAGEE, its wocessors and assigns. forever against the lawful clairns and demands of sli persans;
-PROVIDED. ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore desc~ibed. and
shall truly. Promptiy and fully perform, discharge, exe~aite. oomplete. corr~ly with and abide by each and every the stipulations, agreements,
conditions and oovenants of said promiuory note and of this Mortgage. the~ this Mortgage and the Estate hereby c~eated shall cease and be
null and voicl.
IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular or plurel a~ywhere in this Mortgage. shall be singular if one
onty and shall be piural jantly and severaliy if more than aie. and that the word "Their" as used anywhere in this Mortgage shall be taken
to mean "his," "her." or "its," wherever the context so implies or admits. Also. that wherever there is a reference in the oovenants and
agreements herein contained to any of the parties hereto, the same shsll be eonstrued to mean as wclt as the heirs, legal representatives, wc-
cessors and assigns (either voluntary by act of the parties or involuntary by operation of the law) of the same and that the ooveoants F~rein
contained ahall bind and the benefits and advantages inure to the respective heirs, legal representatives. wccessors and assigns of the f
parties hereto.
And said Mortgagors, for thertuelves and their heirs, legal representatives, successors and assigns, hereby joinNy ard 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 tfie various and wndry wms of rtwney payable by virtue of said promiuory j
~ote, and this mortgage, each and every promptly on the days respectively the same severally become due.
2 To pay all and singular the taxes, assessments, levies. liabilities, obligations and incwnbrarxes of every nature and kind now on
~ said described property. or that hereafter may be impose~. wffered. Placed. levied, w assessed thereon or that hereafter may be levied or
assessed upon this Mortgage, or the indebtedness secured he~eby. each and every, when due and payabie according to law. before they be-
come delinquent, and befwe any interest attathes or any penaly is inturred; and insofar as amr thereof is of retord the same shall be promptly
satisfied and discharged of record and the original offidal dowment (wch as. for instance, the tax receipt or the satisfaction paper offitially
endorsed or certifie~ shall be placed in the hands of said MORTGAGEE within ten days next aher payment; and in the evet~t that am? theroof ~
is not paid, satisRed snd discharged. said MORTGAGEE may at smr time pay the same or any part thereof without waiving or affetting any
optio~, lien, equity, or right under or by virtue of this Mortgage. and the fult amount of each and every wch payment shall be i~r~iateW ~
due and payabk and shall bear interost fran the date thereof unHl paid at the rate of six and ~ths pe? tentum per annum and togetfier ~
with wch interest shall be secured by the lien of Thismortgage. 1l1~1G . ~
3. To place and tontinuously keep on the buildin~ now or hereaher situated on said land and an all equiprt~ent and personalty oov-
ered by this mortgage, with all premiums thereon paid tn full. fire inwrante i~ the usual standard polity form, in a wm approved by the
MORTGAGEE, and twnado inwrance in the uswl standard poliq form,in a wm approved by the MORTGJIGEE, in such oorr~pany or oornpanies
as the MORTG/1GEE may dirett; ard all firo and tomado inwrante polities on any of said buildings, ar~y interest therein or part thereof. in ths
aggregate wm aforessid or in excess thereof. shall contain the uwal standard mortgagce clause o? uxh other clause as the Mortgagee may
requim, making ths loss undsr said polities, each and every. paysbb to said MORTG/1GEE as its interest may appear. and each and every
uxh policy shall bs pr~omptly assigr~ed and deliverod to and held by said MORTGAGEE ss further sowrity to said mortgage debt. and, not
less than ten (10) days in advanos of the acpintion of exh policy, to deliver to ssid MORTGAGEE a renewal thereof~ together with a receipt
for ths premium of wch ?enewal; and thero shall bs no firo or tornado inwnnce placed an aMr of ssid buiWings, any interest therein w
part thercof. u~less in the form and with the loss psyable as afQ~ i. in the event any sw» of nwney beoanes payable urder wd~
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