HomeMy WebLinkAbout0384 -~~,r.a. ~ v.r
n+~s ~NO~:vR~, r~a. ~_9th Q.,, pf November__~....._..
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67 e.~ ~
EDENLAWN PL~NTATION,__.INC,_~a Fiarlda corporation _ . _ . '
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St._ ~..,ucie ca.+ti. F~a.. a«~~.re~ u~+~. °MOarw~cAa.•• ~nd FIRST FEOER/?l SAVINGS IWO
wiw i?ssoci~Yiori ~oF ~ iNa~iv aiv~e couNnr. .~o~ea~? «~.a .~~s ~ e+,. 4~ ~ c~. u~era sa:.. ~t
ard IyvL~ its P~rinciW~ dx~ of busln~ss a~ th~ Gty af V~to 8~ad+. Indisn River l:ounty. Flaidi. M~Ntifte~ d~sisnat~d u tM "MORTC.11it~EE••
wH~a~?s e~. Moarc.~coR ~ c~~ ~,waTwc~ ~n. of_.-ZhirtY--'ihnusand.~nd_I~lo
- cs- s- UU-•---1 Dolts.s, tond and lawful mawy of tFr unitsd stst~s sdvsnad ~
M~)RTG~GEE uneo th~~MORTGA~GOR, as fvi~d~~a cutain promiuory noM of wsn d~te hKSwith. of whkh t!w followiry in words
~nd fl~uns is s hw oopy. to-wit: •
s~Q>QOQ• Q0 ~,d,QC~.. .
v.ro e.,d+. F~w,, -----HoYem~r__9,-- ~9_6?_ :
Fa a!w ~eiwd 1 0. w~ ~o~?tly or seve.s~b promise to w~? w F~RST FEDERJIL SAVIPIGS M10 ~OM1 I\SSOCI/1TION OF INaM1
RtVER OOt1NTY. the sum of S~.pa_~~ QQ.. at its ofHn N Y~ro B~achr Flaids. w!M Int~st at 1M rat~ of_,---~..11__.. i
vu ant a~ ie tM toi~o~wir~ en~rxwr .
5.~24..QQ~__ ~~or~ the first of eath snd ev~y mo~th heres~ unNl the iull {xintipal wm, with interost. Iw basn Wid: ssid
~+~or+thiy psyments shall be applied fi~st to the paymc.~t of ioterest on the u.,paid balsnoe. snd tha~ to the prym~nt of principsl.
rv~t 1 or~vw~ ~~~iabk snd if dehuh in WYment oocws. msy be P~~ced M the hsnds of sn sttorr+ey at bw for ooll~ction. in whid+ t
a~t~ to pry tM oosn of oollKtia~. ie+cludin~ ~ n~sa+abk attorrny's f~e. snd eath of us. wlrther maker. ~uannta or endonu. 1
t"'''D'' ~""r °f "°"-°~~TM^t ~ ~a~t ~ ^°'e. Edenlawn Plantation, Inc. '
(Corporate Seal) B3~----~~/A...D._Mer~vin cs~n ;
~sideiif~~ ~ ~
Attest~_/.s/Arttwr H.__P ' ips~~~g~p
csw4
In the avent s~y p~yrns~t is not a~ada priw to ths 20th day of the month when due, tF~ this note shall bssr i~~t?ssf i i6e ratr of
8.496 from the daM any suth p~yment becsme due snd tluaighout ths P~ad of wth delinqutnty: -
State stxnps paid and cancelled on ori~ioal of this ewre in the una~nt of =_'4.~~.QQ
NOW. THEREFORE, the MORTCJIGOR for the purpase of sewring the paymant of the ssid soxr? of S~Qs-
P~~+ce of the oovenants and a~ro~msnts hereinafter exp~ssed. and for ~ve~s gaod and valwbk consldanNons„~by~tlxsse Presents, does
grant. bargain~ selt, rdnise. release. convey snd aonhnn unb tfie MORTGAGEE its wocessors snd suitns. sll that certain lot. picee or psrcel of
land. sitwie. Iyi~B snd belnt in the Ca~nty of .._.5~. L.UFIe-------------. - a~,d Saro of F~o~da. described as tollows:
See attached descri tion. O ~ ft~X~
p O O~ 1!~ P A'IMEN pRO~'~ ~
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Mt~°`"+~ UQ*cu~s
°"'~t
DOCUMENTAp" STAhiP TAX P~ ~~j~ M~
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toBether with all and singular the tenetnents. herecfitaments and appurtenantes the~eunto befonging or In a ~
a!1 rents, issues. Protuds and protits atcruing ard to atcrue from said prdnises, all of which are inctided~iyn
the ab~ove ~~and foregoing de- ~
scription snd hsbendunL _
i
TO HAVE MID TO HOLD tfie destribed srd grsnted premises unto the uid MORTGAGEE, its wotestors and asslgm forevtr.
~uc~cessors
Md the said MORTGAGOR for_~~~.~~'r exewtors, administntws and assi8,ns. hercbY oovenants with the satd MORTGAGEE. its woces-
sors and assigns, that--, _--1t-13------- lawfully seized of the said premises in fce simpk; that ti~e same am free. tlar and d'is-
succes~c rs
charged from sll lier?s and erKUrnbrances in (sw or in equity. snd that,--- .1L~ . will and 1LS~. - F~1 wamnt and •
defend the Htb to tfia same to the said MORTGAGEE, its wooeswrs ard assigns, forever agai~t tfie tawfut claims snd of afl persons:
PROVtDE~. ALWAYS that if the MORTG/1GOR shal! pay unM the MORTG,AGEE the promissory note hereinbefore described. and
shall tru~Y. P~~+Pt~Y and ful~Y Derform. d'isthaBe. execute. oomDlete. comP~Y with and abide by eatF~ and every the stipulatwns, agreements~
aa~d'iti«u and oove~ann of said promissory rwte ard of this Mortgage, then this Mortgage and the Eshte hereby ueated shsll cease and be
nul! and voief
IT IS UNDERSTOOD that the word "Mcttgagor" whether in the singular or pfural x.ywhere in this Mortgage, shall be singula? if one
only ar?d shal) be p~ural jantly and severatly if m~re fhan one. and that the word "Their" as used anywhere in this Mortgage st~all be taken
to mean "his," "her," or "its,° wherever the context so implies or admits. Also. that wF~erever there is a referersce in the tovenants and
agreeme~ets herein cantai~ed to any of the parties hereto. the same shall be co~stnied to mean as well as the heirs, (egai representatives, wc-, .
cessors and auigns (either voluntary by act of the partia or involuntary by operation of ihe law) of the same and that the oovenanis herei
oovena
oontained sl,all birrd and the benefits a~d advaotages inure to fhe respective heirs, legal nepresentatives, sutrxssors and assigns of
parties hereto. ;
i
Md said Mwtgagcxs, fo~ thnnulvrs and tl~eir lseirs, legal repraentatives, sutcessors a~d assigns, hereby jointy and severally oovenant ~
and agree to a~d with the said MORTGAGEE, its wccessors and assigns:
1. To pay aft rnd singular ti,e principal and interest ar~i the various and wrdry sums of mo~roy p,ayabk by vtrtue of said promissory
note, and this moKtgage. esth and every promptly on the days respectively the same sevenlly becane due.
2 To pay all and singular the taxes, ~seurt~r~ts, I~wies, I;abilities. obligati~s and inctirnbrarx.es of every nature and kind r?aw on
ssid described property. or that hereaker rnay be imposed. wffered. Placed, levied, or assessed therea?~ or that hereafter may be levied or
sssessed u~on this Mortgage, or the indebtedr+esx secured hereby, each and every, when due a~d payabk according to law, before tF~ey be-
oorr~e delinquent, ard before arr~ interest attxhes or any perwNy is inwrred; and imofar as amr thereof is of ~ecwd the same shall be promptiy
salisfied and dixharged of record and the origir?al official document (wth as, for insfance, the tax r2oeipt or the satisfaction paper offici:lly
endase.d or certified2 shall bt placed in the hands of said MOR7GI~IGEE within ten days .~ext aRer payment; and in the event that sny thereof
is nct paid, satisfied and dix+~arged, said Mp(tTGAGEE may at any time Qay the same or any part thereof without waGving or affetting aery
optian. lien, equity. or right ~mde~ or by virtue of this Mortgage, and the full amount of each and every such payment snal! be immed'utely
d~snd payrbk and shsll brs? interest from the date tt.¢.reof until paid at the rate of six and six-tenths per centum per annum and together ~
with such interesi shal! be setured by the lien ot this mwtgage, `
3. To place and oo~tirwously keep on the buildings naw or hereaRer situated an said land and on all equipment and pe~s~xwlty oar• ;
a?ed bY this mortgaBe. with all premiums tf~ereon pa;d in full, fire inturance in the usual standard policy form, in a siun approved by the
tu `
MORTC.AC,EE, and tornsdo inwnnce in the uswl standard poliq iorm,in a wm approved by the MORTGAGEE, in wd~ company o? oompanies ~
~ss the MORTGAGEE may direch snd sll fire and tornsdo insunrce policies on any of said buikiings, sny interest therein o? part ti~ereof. in the ;
s~;?ega?te sum a(oresaid or i~ e~cass thereof. shall contaFn the uwal standard rra.tgagee clause or wch ather tlause u tt+e MatgsB~ ~Y i
reWim. n+alcins the bss w~der ssid Polities. ead+ and every. Wribk to said MORTGAGFE as its inte?est may appes~, and each snd every ~
suth Po!icY shail be prompNY aui~r~ecf and detivered to snQ Fnld by said MOttTGAGEE ss further securiry to said mortgsge debt, snd. rat
less M~an tes (10) days ln advance of the expiration of ach PolicY. to deliver to said lAOR7GAGEE a ronrrval thereof, to~ethar ~uith s ~a.: -+~t ~
for the premi~wn of wch roe~ewal; snd there shsll be no fire or tomsdo iruursnce placed o~ any of said buildings. my interat tfierein w
psrt tltieneof. uniess ie the form snd with the lass Qaysbk u afares~Id; snd in the event any sum of ma~ey beoornes p~tyable uder wch
FFIRC-?Si_,,,~,_~, a~;K 169 PA~E 380 ~
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