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Home My WebLink About2384 153U~4 THIS INDENTURE, Made the~._-~6~------ Day of__ Ee~4~}~ ___-A._---~..-__ /1. D. 19..~.. between ------ERI~lE.ST E_...ALBRITTQN._aad_EUGFNiA ALB.BITTOI~I,_his_urif~___~---- - ! of.__aciL.. J...LLCl~:--------.__------. County. Florids. hereinsher designated as the "MORTG/1GOR," and FIRST FEDER/1L S/1VINCS /1ND ~ IOMI ASSOCIATION OF INDIMI RIVER COUNTY. a corpo?atior? organized and euistinQ ~u~de~ the lavvs of tM U~Ited Stshs of /1n?Kiu and having its principal plate of business in the City of Vero 8eath. Indian River Counry. Flaida. he~einahe? designated ac rhe "MORTGAGEE" WH E~ the MORTGJIGOR is just~y iq ths MORTGAGEE in the of_ __F~te ZhQU~~L .~Hundred -SII(~-IIQ~ ~U1.1-_- (S.Sy-J~.---.~ Dollars, good and lawful Raaey of ths United States sdvanad by M+~ MORTGAGEE unto the MORTG/1GOR. u evidenced by a ce~tain promiuory note of even date herewith. of whith th~ folbwin~ in words and H~ures is s hue topy, to-wit: , • ~ i~,_1QQ.-QQ---- . ~ • r~io.____.~~~ ~ vero se~. Fbrida, ----------February 16,_.__-------__. ~9~Z_ + Fa value received 1 or we jointly or severally promise to pay to FIRST FEDER/1L SAVINGS MID LOM1 ASSOCIATION OF INDI/W RIVER COUNTY. the wm of S5a-1~• at its affice i~ Vero Bexh. Florids. with interest at tM atebf_~~ per cent per annum. in the followin~ manner: =~l QQ_...~___ upon the first of each and every month hereafter until the full p?incipal wm, with interest. has been paid; said ma?thly payments shall be applied first to the payment of inte?est on the unpaid balance. and M~en to the paymer?t of principal. This note is negotiable and if default in payment occurs. may be P~aced in the hands of an attorney at law for collection. in which ever?t 1 or we agree to pay the coats of collection, incl~ng s reasonable attomey's fee. and each of us, whether maker, gua~a~tor or endorser, heroby severally waives demand, notice of no~-payment ard protest of this note. --/s~Ernes~ E.,~_.A~b~i~4~--------- ----------~4 ~ -~~~E~tu.~_Al~rit~on- -cswu ~ In the event any payment is not made prior to ths 20th d~y of the month when due. t~en this `rwte shal) bear interost st the rate of ' 8.496 from the dato s~y such payment became due snd thraighout the pe~iod of such delinquerxy. State stamps paid and cancelled on original of tfiis note in the amount of s_T__ 6~S______..__._._____. NOW. THEREFORE. the MORTGAGOR for the purpose of securing the payment of the said wm of S_S~ 1~•-~ and ths s grpant~~en. sal~rem~ ivse~release, econvey and confirmffiinto~the MORTCAGEEats w~~a~snd assb~pss, aliithattcertain btt~~ ~ parcedl~of ~ land, situate. lying and being in the County of -----~~.---~~S~e and Stste of Florida, described as follows: 'Ihe North one-half of Lots 1 and 2, of Block 72, BILTMORE PARK, as per plat thereof recorded in Plat Book 4; page 52 of the public records o~ St. Lucie County, Florida. ~ iil . - - . , , . , 1 . { i a_.. i' . . J ~ ' U ~ ~'iC)CU.tr-.~T~~r'..~c~T::Ti~~ ~.1~ > z _ _ `SJ,.---- RfCE1YE0 f O {N PAYMcNt OFTAXE3 ~ FE627'67 _ ~ r n,7t- Ct_~S• •C• tKT ~~?GIRLE PE~^ON~L PRUPERTY. - ~ ' Fll:±U~~t'~::1!PfER2072l.RC cOF1941, H V - ~t _ ~=765- ? ~ . . _ ~f-r!c Cfrcvit C:,urt N CnO~]~PTRJ_lCC'';:`'~ - _ ~ , ".~/V~~~ S:L.~~~-~t:t. - ~ os <<-•nt f.r Cti T~_ . , St. luci~ County ~ax Co tor ` By DEPUTY CLERK together with all and singular the tenements. hereditaments and appurtenantes there~to belo~ging or in anywise appertaining thereto. and ~ sll rents, iswes. proceeds and profits accruing and to aocrue from ssid premises. all of which are included in the above and foregoing de- scription and habendum. ~ TO HAVE /WD TO HOLD the above described and gnnted premises unto the said MORTGAGEE, its suaessors and assigns forever. ~ 1 And the said MORTGACAR for__~e~ heirs. executors. administrators and assigns, hereby covenants with the said MORTCAGEE, ih succes- ~ : scn and assigns. that------_Lll~~f_-~~-------------lawfully siezed of the said premises in fee simple; that the same are free. clesr and dis- ~ charged from all liens and erxumbrarxes in law or in equiy. and that-----_-~e~-------- will and heirs shall wsrrant and ' defend the title to the same to the said MORTGAGEE. its ~.sors and assigns, forever against the lawful claims and derrunds of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note herei~efore described, and ~ shall truly, promptly and fully perform, dscharge. execute. complete, comply with and abide by each and every tfie stipulations~ agreements, ; conditions and covenants of said promiswry note and of this Mortgage. then this Mortgage and the Estate hereby created shall cease and be null and voiA. I IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular or plurai anywhere in this Mortgage, shali be singular if one ; only and shall be plurel jointly and severally if more than one, a~d that the word "Their" as used anywhere in this Mortgags shall be taken • to mea~ "his," "her," or "its," wherever the context so implies or admits. Also, that wherever there is a referente in the coverwnfs and : agreements herein contained to any of the parfies hereto, the same shall be ca~strued to mean as well as the heirs, legal represer?tatives. sut- cessors and assigns (either voluntary by act of the parties or involu~tary by operation of the law) of the same and that the cavenants herein contained shall bind and the benefits and advantages inure to the respective heirs, legal representatives, wccessors and assigns of the parties hereto. Md said Mortgagors, for tF+emselves and their heirs, legal representatives, successors and assigns, hereby jantly and severally covenant and agree-to and with the said MORTGAGEE, its successors and auigns: 1. To pay all and singular tfie principal and interest and the various and wndry suma of money payable by virtue of said promissory note, and this rtwrtgage, each and every promptly on the days respectively the same severally become due. ~ 2. To pay all and singular the taxes, assesunents, levies, liabilities. obligatioru and incumbrantes of every nature and kind now on said destribed property. or that hereafier may be imposed, wffered, plated, levied, or assessed thereon or that hereafter may be levied or assessed upon this Mortgage. or the indebtedness secured hereby. each and every, when due and payable according to law, before they be- come delinquent, and before any interest attaches or any penalty is incurred; and insofar as any thereof is of retord the same shall be promptly satisfied and discharged of record and the original offitial document (wch as, fw instante, the tax reteipt or the satisfaction paper offitially endorsed or certifie~ shall be placed in the hands of said MORTGAGEE within ten days next after payment; and in the event that arry theroof is not paid, satisfied and discharged, said MORTG/1GEE may at arry time pay the same or any part thereof without waiving or affecting any option, lien, equity. or right under or by virtue of this Mortgage, and the full amount of eath and every such payment shall be immedlately _ due and payable and shall bear interest from the date thereof until paid at tfie rate of six and~j_t~ths per te~tum per annum and together with wth interest shall be setured by the lien of this rtwrt$age. 111I1 3. To place and continuously keep on the buiWings raw or hereafter situated on said land and on all equiqr~mt and personslty oov- ered by this rtwrtgage, wi~h all premiums thereon paid in full, fire inwrance in the uwal standard policy form, in a wm approved by the MORTGAGEE, and tornado inwrance in the uswl standard policy form,in a wm approved by the MORTGAGEE, in wch tompany or compa~ies as the MORTGAGEE may dirett; and all fire and tornado irtsurance policies on a~ry of ssid buildings, any interest tF?erein or part thereof. in the aggregate wm aforesaid or in excess thereof, shall cuntain the uswl standard mortgagee clause or wch other clause as the Mortgagee may _ ~ require, making the loss undsr sa(d policies, each and every. payabb to said MORTGAGEE as its interest may appear, and eacfi snd every such policy shall be promptly assigned and deliverod to and held by said MORTGAGEE as further security to said mortgage debt, a~d, not ~ less than ten (10) days in sdvance of the expiraNo~ of esch polity. b delive? to said MORTGAGEE a renewal tfiereof. together with a reoeipt for tTie premium of such renewal; snd thero shall be no fire or tomadc inwrance placed on any of said buildings, any interest therein or part the~eof. unless in the form and with the loss paysble ss aforesaid; and in the event any wm of money beoomes payable u+der wch FFIRC-251-1 M-5-64-M sooK164 ~A~E2~~p - - _ t~. ~.w~~., ~ ~ ~ - - - - s ~ ~ - ~u=.~