HomeMy WebLinkAbout1538 ~ , • • , , . .1 y ~ ;VVaJ~J~I
JHIS INDENTURE. Madt tlr._..~~1.._- 0~? of- V1...lx /1. D 1967 b~tvw~+
.
---10HN lY~.---M~~~.'I~C .~.~~.SE F. McCARTY~hie wife._~-~- -
of ---•SC.- LLLC~E.----- Co~~+ty.'FIorW~. M~fta dpi~n~»d as th~ "MORTG/?OOR." a~d FIRST FEDERAL SAVIHIGS M1D
LOMI ASSOCIATION OF INDIIW RIVER OOUNTY. aoo~po~~N~on o~r+izd and ~xiui~ un~ th~ I~ws of tM Unlt~d Stat~s of M+Kica
and Fyvin~ its printipal plat~ of busi~wss in th~ Gty oi V~ro Bwct+. Indta~ Riv~ Car~N. Flotids. hKdnaftK d~si~t~d as th~ "MORTG/1~EE~•
~rwooa ~ y~ er» ~oreTC.~?c,~ ~ o~.~Ye1~1.'~4.~~~,...~~xe~~r_ed
and- ts ~i~__J ao~la~s. ~ood .nd awtu~ n?on.~? of th. unir.d saca .dwno.a b~? d+.
MOR unto tM MORTCI1GOR. a ~vidw+ad b'f~ a o~in 6promissory notr of eva~ date M~twith. of whkh th~ falbwin~ I~ words
and H~urw b a trw topy. to-wit:
t?_,~Q4..QU. . - - - • N~. . _
19_ 7 _
. v.~o e.~d+. F~o~w. . IUIy_._ll .
,
_ For valw ~osiwd I or vw joi~tb o. swe?sly promiss to ps~r to FIRST FE~ERAL SAVIPIGS MID l~OV1N ASSOCIATION OF INDUW
R~vat aourrnr. ehs wm of s..~s 5Q4,.~._---.------. n ns offio. N v.ro e..a+. Fio~i~. with h~ n tr~• rn• ~ 6. 6 .
aer c~ent pa snnu~n, te tM followi~ nw+nK: , . • .
upon the first of sach snd ewry rna?th h~naftM unHl the iull princiPal win. with int~rost. hu bNn PNd: ssid
monthly psyrnents sh~ll be s~Plied H?st to-tM WY~ of Fnt~nst on th~ ue~p~id bslsnos. snd th~n to th~ psynwnt of p~incip~i.
Thh nob is n~oNsbb snd if d~fauk in paynNnt ooaHS. myr bs~ P~+osd in the F~nds of ~n attan~y at law tor aoilKtbn. in wl+ich
svent 1 or ws s~rw to pry the oosts of aoll~efion. tnciudi~ a nasonsbk atto~nry's fe~. and each of us. w1+~thK m~ka. Naranto? w endaser.
hereby s~wally vwiws dsmsnd. notio~ of non-oavm~nt and profest of M~is not~.
. ~.__-~8~~111 ~.__INjC~STi~/__ -_(Se~q
~--/--~,~~U$~._F.__~~~C:__-----__ (SwU
In the ewnt any ~ayn~~t is rat in~d~ p~ior to N+e 20th d~y of tM month w1+~n due. then this note sh~fl bsar int~est st th~ nte of
8.~96 from the dats sny wch payment becsms dus and Mu~ou~hout the D~~ of wch delinqwncy.
ShM stamps p~id at~d canoeikd on ori~inal of tl+is note in the ~mamt of s 1~x.25_
Now. n~EREFOaE, th. MORTC,AGOR fo. th. p~upose of sea,Rn~ th. psymer+r of t+,e ssw wm of s 7.,~Q0_.~_~ ~a the
g t, baR~in. seli, romise. reksse. oonvef? snd~ o
Nn++ unto
ths~
TGI~GEE
idts~wooessors and asslp+s.
al~t osrtair~ lot. pbos o? p~roe1
~
land. sitwts. lyir~ and belr~ in M,. c~n? ~-----~.t_.._I..~cie-.---------- .~a s~c. ~ F~. d~suibd ss follows:
Paxcel #1: Lot 1, Block "i,"; EXCEPT that portion lying East of Indian River ~Drive,
acc-or~g to Plat of Andrews and Richard's Addition, a Re-subdivision of La~s 3, 4, 5
and 6 East of Railway, of 'I~rler's Subdivision of Government Lot 4, Section 10, Township _
35 South, Range 40 East, Public Records of St. Lucie County, Florida, TOGE'IHER WTI~i
all of the furnishicgs, ~ furniture, fixtures, appliances and equipment now in the buildings
located on the above descri.bed property, and which may hereafter be placed in the buildings
located on the said praperty; while any sum remains unpaid hereunder, and
Parcel #2; Lot 3, Block 1, according to Plat of Tropical Beach Subdivision, which said plat
was i e anuary 30, 1951, and recorded in Plat Book 9, page 26, public records of
. St. Lucie County, Florida. -
'I~is is a Second Mortgage on Parc:el #1 of the above described property, and is subject to a
prior mortgage between the same partiea, dated September 22, 1966, recorded in Official~~
record book 156, page 145, public records of St. Lucie County Florida, and by agreement
beti~veen the parties, said two martgages are inerged and c~nat~tute a firat lien on said
~ ~tog~tl~er-W(t~i all and singular ths tene~r~ents. here~tsments snd sppu?terwxes ther~eunto belon6in6 or in snywiss sppertalnin~ theroM. and
~ all rcnts. iswes. proceeds snd profits aocruin~ ard to sanie fran~ said premises, al) of whid+ aro inckded i~ the above and foresoing de-
~ stription snd Fnbendisn.
~ TO HAVE MID TO HOID the abovs dacribed snd granted ptemises unto ths ssid MORTGJIGEE, its wooessors srd a~i~s foraver. .
~ And the said MORTG~AC'AR forS~l~lLheirs. ezeourors. sderdnistntors snd sssi~ns. haeb'Y aovens~~ts with the said MORTGAGEE. its wooss-
t ~
sors and auiQru, that_~ e~C aI@ ~.,Ily sei~d of t1+e ssid premises in he simpk; that ths same sro f?ee, t{w? and dis- .
• i
charged from all liens and ~aunb~anoes in law or in equity. and that-~I~3/--------- will snd L~]r- heirs sMll warrsr+t and
defend the titk to the same to the said MORTGAC',EE, its wooessors snd ssa~gns. forever a~si~ut the bwful ciaims snd demsnds of all p~sons;
PROVI~ED. ALWAYS that if the MORTCAGOR shall pay unto the MORTGAGEE the pron~issory note hereiebafore dauibed. and
:~n r.~,y. w«n~tb .~d fi,ih ~o~m. ~a~e. e~«+ee. oo~~re. c«~b w~~r, ~,a awde by ~ ~~,d ~ry tt,s s~v~+u~s. .g~ee~~er+ts.
conditior?s and oovensnts of said PromizsorY rate and of this Mort~age. tFKn this Mortgsge and the Estate hereby aeated shsll cease snd be
null snd v~okl
IT IS UNDERSTOOD that the word "Mortga~' vvi+etfier in the singuWr or plural anywF~ere in this Mort~age, shall be singular if ons
oniy and shall be plurai jointly and severally lf more than one. and thst the word "'Their" as used anywF~ere in this Mortga~e sha11 be taken
to n~ean ••his.•• ••her or ••its.•• wFierever the oontext so impUes or admits. Aiso. that wherever thero is s refere~ce in the oovenaMs and
agreements herein oontained to any of the parties hereto~ the same ahali be constn~d m mean as weli u the heirs, k~al reprcsenhtives. suc_
cessors snd sssigns (either voluntary by xt of the parties or involuntary by operation of the bw) of the ssme and that the oovenants hercin
contained shall bind and the benefits and adv~ta~es inure to the respecHve hetrs. :ega~ ~tatives, suocessors snd sssigns of the
parties hereto.
Md said Mort6a6as. for themselves and their heirs. legsl represenhtives. wooessors ard sssi6ns. hereb'Y jointly and sevenlly oovensnt
and agree to snd with the ssid MORTGI~GEE, its wotessors and auigns: `
1. To pay all and singufsr the principal and interest and the varia~s snd wndry wrns of ma~sy Payabk by virtus of said pranissory
note, and this matBaBe. exh, snd every promptly on the days respectlvely the same sev~e?slly beoonM due.
~ 2 To pay all and sir~gular the tauas. asses.unents. levies, liabilities. oblt~ations and tna~mbranoss of evary natwe and kind rww a+
said dest~ibed property. or that hereafte? msy bs irtiposed, wffered. Placed. levied. ot sssessed thereon or that he~fter may be levied or
assessed upon this Mort6eQe. or the indebtedness secured hereby. eath and tvery. when due and payabb scoording to isw. before they be-
come delinque~t. and before any interest attaches w sny penaly is incurred; and insohr as~~ty thereof is of record tha same shall be promptty
satisfied and disd~arged of record and the origtnai official doc~xrxnt (wch as. for instance. t-he tax receipt or the satisfaction paper officislly
endorsed or tertifie~ shall be placed in the hands of said MORTGACEE within ten days next aher payment; and in the event that sny thereof
is not paid. satisfied and dis~charged, said MORTGAGEE may at ariy time pay the same or any psrt tFxreof without waiving or affecting any
option, lien. equity. or rtght unde~ or by virtue of this Mortgage. and the fuil amaint of each and every wth payn+ent shall be irtwnedlately
due and payabb and shall bear interest from the date thereof ~NI psid at the nte of six and slx-tenths per oenhxn pe~ anrxxn :nd togethe~
with wd~ inte?est shall be sewred by tF~e lien of this mortgage. ~
3. To plsoe snd aontinuaaly keep o~ the buiidings now or hereaher situsted on said land and on all equipment snd peaonalty cov-
ercd by this mortgsge. with all premiwra thereon paid in 1u11. fim insurance in the ususl standard polky form, in s swn spproved by the ;
MORTGAGEE, snd tornado iruu?a~e in the uswl standsrd poiky io?m,in s wm spproved by the MORTGAGEE, in wch oompany o? aompanies
as the MORTGAGEE msY diroct; srd sll flro and tansdo inwnnoe poiides on any of said buildinas. any interest tF+erein o? paK thereof. tn the !
eH6regste wm aforesaid or in tuosss thereof. shsll oontain ths uwal stand~rd~o~tgsgee cbuse or wcfi other clause ss the Mo~tga~~s ms~r
require. mtkin~ the loss ~s~der said polities, esth sndeve~y,ps~abk to ssid MOi27G/1~C'+EE ss its intercst msp sppsar. and eaCh srd every ;
such policy shall be promptly sssigmsd snd delivered to and heW by said MORTC/1CEE as further security to said mort~ag~ debt. snd. not
less tFun ten (10) d~ys M advsnoe of ths expintion of ~sd~ po~kY. to deliver to said MORTCJIGEE s ~enswai tMroof~ togetF~er with a rsosipt
for the pranium of wd+ renewsl; and tharo shslt be no fim or tomsdo i~urance pixcd on sny of said buil~n~. any iMerest therein or
part thereof. unleu in the fam snd with ths lass P~ribk ss sforessid: snd in the evant anY wm of maNy b~oorms WYabb under wch
FFIRC-251-1M-6-67-M
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