HomeMy WebLinkAbout1972 , , r_,~, ~ ; ~ , ~ 1:16~8~9
THIS INDENTURE. Mad~ iSt psy of___._r i' 1~~~` ~E~••~ ~ A. D 19~. bttw~
_____...~_~~~r
of Couny. F1o~id~ Iwnb»ftK ~nN~d u th~ "MORTGIICNOR." ar?d FIRST FEDER/?L SAVINGS MID
LO/W /~SSOC1/1TtON OF ING1/1N RIVER COUNTY aao~por~t~idb onants~d sr~d ~oci:tin~ und~r tM I~ws of tM ~h+itrd Stat~s of M~ic~ .
and Iwvi~ its princlpd plao~ of busl~ss in th~ Cil~? o~ VKO 8Mt1+. h+fi~n R~wr CamtY. Fbrid~. Mninsfter d~sip~st~d s= th~ "MOR'TGI1~~fE.••
wH e++. ~eTCNOO~ ~ jua ~ Mom'c~ u, t+~. o~ ~~.ZhQUSaII~, ~iYe Hundred
N~ unto th~ NSORTGI1i00R. a~~i~~inad b~r a a~taN p~~+1?
n~ot~ ~ ~~n ~iith~
f~wF~~kh t~fol~ ~~dt
snd A~s Is a hw ooPY. ~ ~ ~7~7a7C7
i_~s_e~._QQ:~ - V«o B~acl?. Florid~. --~--~+a.~--ls- : _ "i' 19~_
For value received 1 or wr jointly or stvs~sly p~anis~ to pay to FIRST FEDERAL SAVIPK;S IATION Of INDIMI
RNER COUNTY. ths sum of i-~a-~`?~~_~________.~, at. lb oFfiq in Yero BMCI~, Florids. ~wilh Mhrat at !ht ~ e}f~?• 6
psr pnt p~r anwm. in th~ tollowie~ mw~: _ : ' ~ j .
i.1,S upoe+ tM A~st of esch snd avery month h~nafhr unHl the fuN principat san. with inte~est~ h~s b~ P~id: s~W
moethy psynNna sh.ll be aPP~i~d flrst to ths payrns~t of i~t~rat o~ th~ unwid bslano~. srd tMn to th~ qyrmeu of p~+clp~l.
This not~ b~otisbb and tf dshult M psym~nt cowrs. m~Y b~ P~ in the hsnds of an sttom~y at law for coll~dio~.~ in which
~wnt 1 or vw ~M to pay th~ aosts of oollsetian. i~~ a n~sonabl~ ~tto~e~~s iae. and ~ad+ of us, whtth~r m~k~r. N~antor or endo~ser,
Mnby sewraly wsiws d~nw+d. notio~ of ~o~-psY~~?ee~t snd P~t of tMs ~ote.
_ f~arqin E . Melton - ~ ,.cs.,u
- ~i
o----f cs..u
In ths event aryr psyn~ant is not n~de priar to ths 20tt+ dh? of the month wtwn du~~ thsn thts note shali b~ar IMwrst st tM rab of
8.4~i from tM dab any wch WYment bacsme dw and H+ra~hout th~ Period of wch delinqu~ncy.
Sbte stamPa P+id and canoelled on ai~inal of tMs nob io the amount of =-.Z...-i~~_-~_,_
NOW. THEREFORE. tM MORTGACAR ior ths purpose of s~wrin6 ths Psrner+t of ths said wm of i ls-5~-~--- ~d ths
per(orn?a~o~ of th~ oovensnts and a~roenw+is hsreinak~r ~ o~ d, ~+d ior ~v~s ~ood and valusbk oonsiderstions, bY these P~ents. d~s
~nnt. buQsi~. sell, remise. releue. oomef~ snd confirm unro MORTCNGEE its suotessors and mi~ns„ all thst arhi~ lot. pieos or paros~ of
Isnd. situate. h?1~ bsir+~ in th~ County of St~ Lucie ~ and Ststs of Florida. d~soribed ss foilows:
i ~ i
~6 , ~
Lot 5, Block 2, according to Plat of SILVER LAKE PARK ~
SUBDIVLSION, wtiich said Plat has been filed and recorded
in Plat Book 10, page 4, ~public records of St. Lucie County,
Florida. -
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lhis is a second mortgage on the .above described property, ~
and~is subject to a prior mortgage executed by Marvin E. ~Melton
and Sally W. Melton, his wife, to Mortgagee, which said mortgage ~
was dated September 2~, 1963, recorded in O. R. Book 71, page
465, public records of St. Lucie County, Florida, and by agreement
between the parties, said two mortgages are merged and constitute a first lien
on said praperty. -
ta~ether with ail and sin~uisr the tenernents. here~tsments and sppurteninoes therounto belo~int a in anywiss ~PP~ai~i ~O~
sll ~ts. iswes. P~'a~ P~n +~+~i and to sarus fra» ssid p~amises, aQ of which ars included in the sbovs ard toreLoin~ de- .
x~tption ard Fiabendun. "
T+0 HAVE MID TO HOLD ths slww dacribsd snd ~ranted qemisas unto the said MORTG/?C'+EE. its suocessors and assi~s forever.
~ N~a th. saw MoaTC+~coa tor h~ ~rs. ezecutors. sdmin~t~a~s •~a ~s~. ~~m witi, tn. said MorcTCAGEE. Its s~,oos~-
~.~a ~w~. ,f„t he is laMr(u11y siezed of ths said promises ~n fes simpN: that the sams sro froe. cksr and d~s-
chs~d from all liens and enwrnbrances in Isw or tn equity, and that_-]1P- _ will snd .~li~ hslrs shsl) vwmnt and
defend ths titie to the same to the ssid MdtTGA~GEE. its wooess~ors and assigns. ionver against the bwful ciaims and dernards of all p~rts:
PROVIDED. ALWAYS th~t if the MORTGAiCAR shall pay unto the MORTGAGEE the prani~ory rwte hsni~bafore described. and
sha11 huy. P~P~Y and fuily Perform. discha~e. ezearte, oomplets. ~on'~P~Y with and abide by e~th and every the stiPulatta~s. a~e~ants,
ow~ditians and ao+rer?ants of said pro~nissory note and of tlds Mori~e. tl~ this Mortgage snd the Esist~ hereby uested shall cease snd be
null and wi~l.
,
IT' IS UNQERSTOOD that the word Mortga~ vrhetl~ in the sin~ubr or piural anywF~ero io this Mort~g~. si~sll b~ singulu if on~
«,y and sha~~ be ~.5~ ja~r~? snd sere?sly if nwro rhsn one. ~,d ehar tt,e wo.a •~n~r~ ~s ~a ~~ere i~ tws tu~or~~e st~ii be
w mean ~•h[s,•• ••her~ • or ••its.° where,re. the oontact so tmpltes or admits. /11so. tt+at wherevar t1~e is s reFereno~ in the aovenams and
s~r~eenKnts herein oonbined to snY of the parties hereto. ths ssme shsll be canshued to n~can as well as the heirs, k~sl repn~sentatiws. sua
tessors and assi~ns (eitF~ voluntary by xt of tfie parties w iRVOluntary b'Y operation of ths Isw) of the s~me and tfi~t t~s oovenants herein
oonbirxd shsll bind srd ths beoeiits and adwnhges inuro b ths respettive Mirs. legal roprssenhtives, wotessors and auigns of the
psrties he~eto,, -
Md said Mortasgas, for thar~seives and thelr heirs, le~al rep?aontativ~es. wocessors and assiBns. her'ebY jointly and severally ooverwnt
and agree to and with the s~id MORTGJIGEE. its woceuors and assi~ns:
1. To pay a0 snd ai~lsr the principal and intersst and the various snd su~rY wma of nwr~? P~vable bY virtue ef said PromissorY
rwte. and this mortga~e. each and every P~+P~~Y ~~~~irely the same se+~enlly beooe~e due. _
2 To pay sll srd sin~ular the ta~oes. a~~r~anls. levies. lisbilities. abli~atians and inasnbrsnoes of ~vary nitwe and Wnd now on
said dacribed P~P~Y~ or thst heresfter m~y bt impo~ed. s~iffe~ed. P~. ~ed. or assessed therean or that Mreafter msy be fsviod or
assessaf ~on tNs Mortg~gt~ or ths indebtedr?e~ s~cwed Mreb'f~. esch and eMery. when due and payabk aooordin6 to {aw. beforo tt~ay bs-
come delinquent. and befon arry intemt att~ches or snY Pe~hY is incurred: and insofar u any the.eof is of record the same shail be promptly
s~risfiea sna c~sa+a?ged of rooo.~d .nd et,e oristn.~ oHid.~ aoawr~ent ts~,ch as. tor ~nsr~nce. the tax rKeipr o? the sartsfactian w~per ofNcia~y
endased a? urtifie~ shill be plat~d ths F~xds of said MORTGK',EE within ten days ns~d aftar payrrKnt: snd in ths eaent tMt any ths~rof
is not paid, s~tisfied snd ~sd+a~ed. saW MORTG/~GEE msY at any time psy the same orarry psirt thereof without wsiving or aNectlnB an1?
option. ~ien. equitY. or ~i~ht ~s~der or by vim~e of ti~is Mortp~e. and the full amo~s?t of eacF+ ud every wch p~rmant shdl bs inrne~stely
due sod psysble snd shall bear intenst fnom tM d~b tl~ereof untfl paid st ihe nte of six snd six
tenths per oe~Mn per s~xwen arx! to~ether
with wch lnterest shall be sewred by the lien of tNs mort~s~e.
3. To plsoe a~d oontinuously keep on ths buildin~s now or herasfter situsted on said la:~d and on all equipn~ent and persanaity cov
ered by this mort~s~e. with all premiums theroon psld in iuil. fire insunnce in the uswl standard policy form, in s wm spprow~.d by ths
MORTG~AGEE, and tornsdo Ir~uu~ in ths uswl stsr~dard polky form.in a sum spproved by the MORTWI~GEE. in wd~ aonnpany or oompanies
as the MORTC/uGEE n~Y ~rect; ard sll fin ard tornado i~anoe Dd~ ~~Y of ssW buildi~s, any inrifest theroin or pa~t tF~eof. in the
a~r~ate sum a~oresaid or in e~ooess tF~a~f. shsll oonh~ ths usWl standsrd mortp~ee clsusE o? wch otl~er cisuss as ths Mort~+iee nw?
~ P~~.Y ~11 be pranptl~? aaipwd and delivend to to s~id MORTGAGEE ~s its~ interest msY iPO~~. and each and awry
and heW b~? said MORTGAf,EE ~s fiutMr sea+?ib to ssid nartg~p debt. and. not
to~ther with a r~cdpt
less tF~n hn (10) dsys in advanq of tl~e r~iation of e~ch polky. to deliv~a M sdd MORTC.II~GEE s?enewel thsreof.
for tir pnrnium of wd+ ~w~swil; and thsn shsll b~ no Hro or tornsdo ins~uanos d+~ on sny of ~id b~1~nR. anY inte?at thereir? or
put M~ereof. unlss in ths form snd with tht loes p~yabl~ as sfores~id: srd in the event any swn of rtatwy b~ooerNS p~yable uder such
FF,~~~_~~.~ • am~ ~66 ~19?0 ~
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