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Home My WebLink About0429 n~+~s ~NO~n;Re. M~o a,,..___l lth w„ af -.October_..__._---.~_._.....____.._..__._., a i9. 67 e.,w.u, REELS'I'ON~ D~VEI~PM~N'~ CURP4~d.~10N, a Flor.id~ Go.xpQx~tioR._ of ?~C. _I.+ll~1.~ Counb. Floridi. her~iniftK dai~nued u tha "MORTGACOR.•• and FtRS7 FEDER/1L SAVINGS MID LO/W /1SSOCIATION OF INb1/W RIVER COUNTY. s oorporatFon o~~ani:~d snd ~xisti~ ~nd~~ tM lav~s of tM Unlt~d Stata of An+Kica a~d havin~ its principst plate of busineu i~ th~ Ciry of Vero 6Ntfi. India~~ Rivt? Cou+?ty. Florida, htreinafte? dai~uted u tF.~ "MORTGAGEE•• HUI1C~If.4-~ til()/-t':1TCIlC~t i3~i~1-~/a?t~,Co.~MORTW~GEE in the s~n of~YE:R[,)I."~_1~1L ~lOl~,~$[lSii..~lr~ e ue._1VQ/ 1 ~LJ ) Dollus. `ood ud la~?+fi+l n+onty of t1?~ Unibd Ststes advsnc~d by tMw~ ' MORTG/1GEE unto th~ MORTG/1GOR. ss ~vida+c~d by a cKt~in p~aoissory ~wte of even d~te herewith, of wF,ich the folbwi~ in words ~.,~t: iooa~ :~8,_s2s.oo ~ . . ~ . ~ v.~ e.~. F~w~. - Qctober__11, - . i9 . 5~ : Fo? vslue ?euived 1 or w+~ jointly w severally pranise to psy to FIRST FEDER/?l SAVINGS MIO lOM! /1S50C1ATION OF INDIMI RIVER COUNTY. tha sum of S~$~ ~25._vv_ - st lts offio~ In Vero Bsach. Flo~ids. with int~st at th~ rats of.--~-9 - per cent pe~ snrn+m. in ths followir~ m~u+e~: ~ =1Q~ ~Q~---- upon Ma first of each and every month F~e.eaher until the (ull principal wm. with iRterost. hss baan O~id; said monthly psymean shatl be sppliod first w the payment of int~~rest on the w+paid balsnte. and then to tt+~ paymn+t of principaL Z??is note it nesatiable u+d if defwlt in payment oowrs, may be P~~ in the hands of an attoroey at Isw ior collection. in which • . e,~ant 1 or wr a~n~ to pay th~ costs of aolhcti4n. includn~ • rwsor~sbl~ atto~my'~i~. ~nd Wd+ cf~s. v~rh~tl~ n~kt?. . hereby sevenlty .vaives dernand, notice of rwn-wvrne~t and protest of this note. eetstone I~eveto ment ~o rat on Co . Seal) By:--/~j ~tty_Yates Moore _ pi.esident --cs°'~~ f ( rP Attes_t: _~~fRa1~eY-Kar~son----$ecre~- --a~n ; In the eve~t a~y payment is not ewde prior to il~s 2Qth day of the manth wFwn due. tF~en this note sF?all bear interest at tKe nte of ± 8.49b from the date any wch payment betame due and thra~hout the period of wd~ •1elinque~Cy- State stamps paid and wncelled an originsl of this note in the amax~t of s...i.17. 6Q... . _ NOW, THEREFORE, the MORTG/1GOR for the purpose of securing the payme~t of the said sum of s 7.~i ~~._QQ_.__. snd ths performance of tl+e :overw~ts and agr~ts hercinaher exprcssed. and for divers good and valwbb ca~sideratio~s. bY P~~n. ~ grnt. bsrgain, sefl, remise, rekase. convey a~d tonSmn unto the MORTWGEE its wccesso~s snd asst~ns. al) that oerhin lof. pieoe or parcel of land. sitwte. hin6 and beir+8 in the County of t. I.~4C~e - and Shte of Florida. described as folbws: Parcel No. 1: '11ie East half of the Northeast Quarter of the Northwest Quarter of Section 33, 'rownship 34 South, Range ~0 East. Parcel No. 2: Begin at the Northwest corner of the Northeast Quarter of Section 33, owns ip outh, Range 40 East, thence run South 315 feet for point of beginning; thence. run South 308. 22 feet; thence run East to the West right of way line of U. S. Highway No. 1; : thence run Northwesterly along the West line of U. S. Highway No. 1, to a point East of the ; Foint of Beginning; thence run West to the point of beginning. ; T~IIS IS A SECOND MORTGAGE on the above described property, and is subject to a prior ~ mortgage executed by Mortgagors to Mortgagee, which prior mortgage was dated June 4, 1962, recorded in O. R. Book 39, page 226, Public Records of St. Lucie County, Florida, ' and by agreement between the parties, said tw~ **~~rr~aQP~ are merged and constfwte a ~ first lien on said prop~rty. i~ ~ F L U!~ I L3A ~ V t-21 U~-1 ~ t~ ~ DOCUMENTAp~SiQMP TA:( STA~dP TA:( s ~ = =,~6;.`t > - - a ~ ~ _ lIaV1T6? = L - : .f'~;`v : ~ ~ _ c = t•_-=' S8g0 J88~= , '4 V! V C'OlIPTRO! LEN ' _ _ ' _ ~ together with all and singular the tene~nents. hereditaments and appu~terK (~~.~~C~:g _ c_ ----------y V---------_`- all rents. iswes. Proceeds ard profits attruing and to acuue from said premises. all of which are intl~ded in tFie above and toregar+6 Qe- - scription and habendum. TO HAVE MID TO HOLD the above dacribed and granted premises unto the said MORTGAGEE. its wocessors and assiBns foreve?. successors And the said MORTGAGOR for__i~~___}~ij¢)(executors, adrninistntors and assigns, hereby tovenants with the said MORTGAGEE, its wcta- sors and assigns, that _--lt_.7.~..- --_--_-~--lawfuly seized of the said premises in fee simple; that the same are hee. clear and dis- successors charged from all liens and encumbrances in law or io equity, and that - 1L-- will and _1tS.f shall wamnt and defend the title to the same to the said MORTGAGEE, its waessors and assigns, forever agairut the lawful claims and demands of all persans; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbeiore described, snd ~ shall truly. promptly and fuly perform, discharge, execute, compfete, comply with and abide by each and every the stipulatiw~s, agreemer~ts, conditions and covenants of said prumissory note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be null and vowl IT IS UNDERSTOOD that the word "Mortgagoi ' whether in tfie singular or plural ~ywhere in this Mortgage, shall be singular if o~e only and shall be piural joinNy and severally if rrure than one, and that the word "Their" as used anywhere in this Mortgage sha11 be takcrt to mean "Fis," "her," or "ifs," wherever the context so implies or admit; Also, that wherever there is a referente in the covenants and agreements herein contained to any of the parties hereto, the same shall be construed to mean as well as the heia, legal representatives, suc- - cessors and assigns (e~ther wluntary by att of the parties or i~w:untary by operation of the law) of the same and that the covenants herein contained shall bind and the benefits and advantages inure to the respective heirs, legal representatives, successors and assigru of the parfiCS hCrCf0. . Md said ilAortgagors, fw themselves and their heirs, legal representatives, successors and assignz, hereby jointly and severally cover:ant and agree to and with the said MORTGAGEE, its successors and assigns: 1. To pay all a~d singular the principal and interest and the various and wndry wms of money payabk by rirtue of said promissory note, a~ this mortgage. each and every pramptly on the days ~espectivety the same severalfy becane due. 2_ To pay all and singula~ the taues. assessments, levies, liabilities. obligatioru and ir~m~bnntes of every naturo and kind now en said described property, or that he~eaRer may be imposed, wffered, placed, levied, or assessed thereon or that hereafte? may be levied or assessed upo~ this Mortgage, or the indebtedness secured her~y, each and every, when due a~d payable according to law, before they be- come delinquent, and before any interest attaches or arryr pena(jy is incurred; and insofar as any thereof is of retord the same shall be pranptly satisfied and dixharged of retord and the origi~al official document (wch as, for instance, the tax rett°ipt or the satisfattio~ paper offiCially endorsed or certified) s!-.all be placed in the hands of said MORTGAGEE withio ten days nezt after pay.~nent; ard in the event that any tFkreof is not paid, satisfied and discF~arged, said MORTGIIGEE may at any time pay the same w any part thereof wit}~ou: waiving or affetting any option, lien, equity, or right under or by virtue of this Mortgage, and the full amount of exh and every such payrnent shall be immediateiy due ar~ payable and shall bear intarest from the date thereof until paid at the rate of six and enttu per centum per annum and together with suth inte~est shall be secured by the lien of this rtwrtgage_ 11~6 ~ 3. To place and continuously keep on the buildings no•u or hereafter situated an said land and on all equipment and personatty cw- ered by this mortgage, with all premiums thereon paid in full, fire ~nwrar.te in the uwal standard poliq form, in a~xn approved by the MORTGAGE~, and tornado inwrance in the usual sbndard policy form,in a stm~ approved by the MORTGAGEE, in wth compa~y or cort~panies as the MORTGAGEE may direCt; and all fire and tornado inwranCe policies on any of said buildings, a~y interest there+~ or part thereof, in the ag,v,regate wm aforesaid or in exc~s thereof, shall co~tsin tF+e usual standard mcrtgagee dause or such other clause u the Mortgagee may r~quire, making the loas under said policies, exh and every, payabk to said N.OR~GAGEE as its interest may appear, and each and every such poliq shall be pramptly assiQned and delivered to and hetd by said MORTGJIGEE as fu?ther security to said mortgage debt, and, not less than ten (10) days in advante of the expiration of eath policy. to deliver to said MORTGAGEE a renewal tFxreof. together with a reteipt for the premium of wth renewal• snd thete shall be r?o fire or tomado insurat~e plated on a~y of said buiWings. any interest therein ar part thereof, untess in the torm snd with the loss payabk as aforaaid; and in the event any s~xn of ma~ey beoornes payable unde~ wch FFIRC-251-1M-b-67-M d~K169 ~ ~ 425 ~ - - ~ ~ v~ a