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HomeMy WebLinkAbout1186 • rf Z . a . - -•~..~v niis i~Niua~. M.d. ,n. lat ~y ~ Dece~mb~r' 19~~ ot S t~ T.n c i~ Coun~y Florid+~, hasinafta ~ deii~n~hd ~s fM "MORTG/?G~R," u~d fIRST fEDERAI S11YINvS ANp IOAN ASSOCIA?ION OF FORT PI:RCE. s oapaation orparw=~d ~nd ~ai~tirg w~da tM law~ of /1y Ur?it~d Sa1p of Airwiu and Mvinp ip pr{ntipal pt~c~ of [x+simss in th~ G~y ot Fat Pi~ra. St. luc4 Gow~1y. fbrid+. hN~in+ha de~~pna~~d as tlr "MOR~WIGEE." WHfREAS th~ MORiGJIGOit u juttlyr ind~bt~d b Ih~ MORTGAGEE in 1M iwn of i~ a 000 - 0~ pood and lawivl mon~y af the Un+fed S+~t~s ad~ancMd by th~ MORTG/?GEE unto tAt MORTGAGpR, ai ~videiKed by a cwtun promiswry ~wt~ of rvM dan Mr~w~~h, of which tM foilowa~p h waw ~nd E'p~tN is a trw coPY. lowit: t~,,~00. 00 Ilt, 585 ~ December 1. ~ ~ fc+f valw r~iwd, 1, vw w eithN of us, prom;s~ wi~hour d~f•tc•~an, ro H+. ad.. of FIRST fE~ERAt~V_INSS ANO tOAN l~SSOCIATION OF FORT PIERCE ~t Piua Fbrida, ti~ swn of = ~ s~~`~,• 00 with ir.t4r~t from date at tla ~aM pq st~nwn, in nqnthly wqtal6 menn u follows:~ 1. d0 lOth~,y o f_ Ja nua ry 19 swn on tM cwnspond~np day of each moe?th tl~~- aftcr unlil Ihs whdt bi fvlly paid, fach in~tai4~ent tirit ~aN b~ applied in payment of th~ inteacst and tAcr? on th~ w+ps7d b~lanca of the princ+p~l sum. If dstwit is m_ad~ in tM paymenf of sny inuatlmem when dw. and such defaul~ coneinu~s ~0 day~ then at th~ option of thr holda, and witho~t any other notiu, dI ~hs nmain~np ~n:rallmM?h ihatl b~ dw and payaW~ a~ once. Peiv~lp~ is 9iw+~ w PreP+r tha noN in whoi~ w In p~t .r any rNn~ wirhovt pe~aly. • ~t ~~ncti nor Kceptant~ by iM ho1dN tMreof after any defauh in any paYmsny hereon, shal! b~ ds~d ~a~ensian. A I~ts p~yment chary~ of slwll b~ added w each ieault~ee?r remai~irg w~pa;d 7 d~ys aha in dw daa, ~nd • Gb sum ~11 b~ added a eacl+ such ieusalMwnt ~wmirwq ~id 7 day~ ~ft~a e+ch ~ucp~dinp WYm~nl d~t~. Ead~ makN. sunty and andorsN hsreo(. iamb snd severally. waives dem~rwl, presentenee~c prae~t and notics of prwesl fw no^P+Yme++~, u~d hmha agreea ro ~ny extcns~a? of r~ of payment, rither befw~ o~ ~fte~ matw~ry, without notKe to sny of us; s~d to pay all costs of colkction, indud'uip a i rcasonable snaney i tee in the event of any defwlt he~wnde?, snd hereby ~eve.ally w~~ra att benefit oI homcstead and exen+ptan ue~ier the oaut~~nbn ~ and bws of eacii Sate of the United 3ates, as +g~imt ~his oblguan or ~ny e:tMVOn a renewal herwf. i ~t~eis th~ Mnd and seal oi each puty. ~ . a/Clarabel Van Tuyl. a ~i~c~w ? ~1 ~ ~ :~zo.5o ~ R.,~. - ~'w (Se~nps c~npll~d on or'g'y+al not~) NOW, THEREFORE. th~ NIORTGAGOR (w tM ~pwpose of s~twkq p~yeneM of pid sum of t~~ 000• ~~nd NN cev.~w~a and ap.eenknn Mr~;.Wh.. espreued, and fw ~rers and valwbb con~atiaa, by thes~ pr~sany, do~s ~Ofi~1O~ of th~ relsaH. ~°Od bu~sin, s~ll, r~mise, conwy and tonfvm vnlo tM MORiGAGEE, iq wtteswn ~nd ~uipns. aU th~t qruin lo~, pi~q p p~rp1 d land, sitwu, IyNip, and b~inp In tl+~ ~a,,,h S t. Luc i e . ~nd Stab of Flwid~, d~w~d a~ fd(ow~: Co:nmencing at the intersection of the East right of way linz of the Florida East Coast Railway Company and the Iine dividing Sectiona 28 and 33 in To~rr,- ~hip 34 South,~Range 40 East (Same being the southwest corner of property ~ formerly owned by St. Lucie Club); Run thence Northwesterly $long seid East } right of way line for a distence or 454.9 feet for goint of beginning; From € said point of begin~ing continue Northwesterly slong ssid Esat right of wa~ iine for a distsnce of 105.0 feet; run thence North 8q degrees 50 minutes Eest IOls.26 feet, more or less to wsters edge of the Indian River; run thence • Southea~terly along waters edge o£ Indier. River a distance of 100 feet; thence run south t?4 de~rees 50 minutes '~feat for a distance oP 1000.26 feet, more or 1ess, to po~nt of beginning; being in Section 28, Township 34 South, Rar.ge '•-~0 East. ~.XCEYTING, HOWEVF:R, from the above degcribed trsct the North Sever. (7} feet ~ thereof. oo ' RECi(r[p f !b P~YMEMT Oc TAa« j Together ~rith Riparian rights. ? ou~ou cu?ss~c~ INTANGIBIE PERSOwA~ ~•:!1~tR~Y ; rU1~UANT T~ CHl?rTER L072~. ACt S OF 1~~ 1, ~g pp(TRAS, CJerfc Clrcuit C_vrt ~ a /~p~n1 ~ Cl1RTlS M, JAMES iR locb CouAy To~C_olfec~°' ; j~a<.rl..C. C.,sc,at~ ~ ofPUn c~eK ~ tc+pNMr with all ~+d sirgul~r tly tensn+~rus. l+credtaments and ~ppixt~nc~s th~rwnto be{onpNg w in any~wiK appsrtaini~g N~crNO. ~nd all reMS, issw~. proceeds and profit~ scuuirg and to ~cwur from said prsmires all of whid~ ar~ induded in 1F» abov~ and for~oiig d~sviptioe and h~bandwn. ; TO HAVE /1ND TO HOlO the above desuib~d ind pr~nhd premis~s umo tM s~id MORTG/UGEE. i» woceaors and auipns forewr. Md tM ~+id MORTGAchoa - her-- i,.w.. .x~?+«.. ,a~,a~..,~.. ~...b,, ~...~a µortrcncE~. .~,~.a...~a ..~q~., T rhat s e lawfully se~zed of tiK ~aid premi~es in fe~ sirnple: that tl~ s+m~ ~n h~,. d~u and d"nch~eyed fraen ~II liero and ~e~we~ ba+ncss in law a in puity, and tMt 3tle wiq ~nd t16Y' heiq shall ww~nt and d~f~nd tM titb w the :vn~ to th~ ~aid MORTGAGEE, its svccessors and assipes, fwever apairat th~ lawful Wim~ snd d~nw~ds of all p~noru; PROVtDEO. AtWAYS that if tl+e MORTGAGOtt sh+ll piy unto tFK MORTGAGEf th~ prpnrsswy nptt 1rr~inb~kn d~w~d and ~MII tnrly, pton~ptl~r and fvlly perform, d'qd~u~. ~:etute, tanp4tt, con?P~Y witb ~nd ~bide by ~~ch and ~vay th~ stip~latiw». +yretAnnb, ooed'ebro a~d oov~nfs of said v~~ssor~? no1~ a~d of th~ lVllortpa~t, d~en this Mortyape and tM Eirat~ hereby vated ~hsll osas~ ~nd b~ nvG and voiQ. IT IS UNdERST000 tMt th~ word Mort~ayor" vrl~her in the sinpular w pkrr~! anyvrF~er~ in tM 1MortQpe sh~ll b~ siigular if ont only ar~d ` sh~ll b~ plurd jointly wd ~erarally if mw~ th~n on~. rnd that tl+t wwd "the'rc" as uaed ~nywher~ in this Mwt~ap~ shall b~ t~ktn to m~~n •'his,« °hen,•• w'in," wherrver tM wme~ct w~mplia o~ ~dm;n. Abo, th~t wF~ew~ fhae is ~ refenna in rM ow~n~nn ~nd as.aemenh h.rein oonta'wwd b a~y of rhe pa.tie~ F+Kew rhe aame shdl b~ corotnred fo me~n a vw11 as th~ heirs. Ipal npresem+t~va, wrc~s~ws and auipns (sithar vduntuy b~r act of th~ pani~s w involunury by op~ration of the Iwv) of th~ sam~ ~nd th~t tM coveMnb h~r~in coroiined shdl bind and tM benefin ~nd advaraa~s inun to tM respactiw Mirs, lep+~ npresentatiws, wasisors ~nd au~pm of the partia Aae~o. Md s~id Nlortyapon, for then,~elws and fMtr ir+n, Ispsl r~presentaYna. :uouswa and assip~», hereby jointy aed severaly ooven~m and apree pr ro and with tl~ said MORTGAGEE, its arcc~awn and assipna; 1. To pay ~11 ud sirg~rlar tFa p?inapal and imaea and thi vaiaus and wndry wms of mon~y p~yabb !ry virtw of s~id promiswry rw1e, aad M~is 1 mwtppe, esch and everY. W~P~h d+Y~ ?~+PK~+rdY tiw sanr strer~lly bacoen~ due. i Z To psy ~!1 and ainpvlar tbe uxes, auetun~nti. Iw;ss, liabili~ia, obli~stiom and ~ncwnbranns of ev~ry mtur~ and kind now on sa:d daoribed w~Y, a that here~h~r may b~ impw~d, suffar~d, d+ad. Iwiad, or aaesad thcreon a that h~?e~ftN may M levied a~a~ea~ed upa~ tt~is Mor1~ ; pe, or tM ind~btadmss sawred Iwebr, each ~nd ~wry, wMn dw and p~rabb, aaadinQ to l~wr, bslwe Muy bacant detinquent, ~nd befort u~y Intw~s~ F anaches w any pen~lty is incurred; ANO INSpfAR A$ THEREpF IS OF RKORD THE S.~ME SHAII dE PROMPTIY SATISFIE~ AND DISCHARGEO OF ~ RECORO AND THE ORIGINAI OFFICIAt DOCUMENT (SUC~ /15, FpR INST/INCE. THE TAX RECEIPT OR THE S/lTtSfACTWl~! P/1PfR -0FflGAUY ENDORSE~ OR CERTIFlE~) SNAII bE PIACE~ IN iHE HANDS OF SAID MORiGAGEE WITHIN TEN DAYS NEXT AfTER PAYNIEM; ~nd in tM event tMt any thereof is not a paid, sat:sfied and d;xAir~ed wtd MORTGAGEE may ~t ~ny tinw par tl» same or sr?p p~et Ihereof without ws'ninp w affectinp any opt:on, lien, eq~ity or •~hr u~der w by virrue d this morryaye ~nd rhe fvtl unow~t of each and we.y auch p.ymen~ ahall be i,m~ediatey due and payable and shall b~ar imKea~ ~ran rhe d.te H~e.wf w»i1 pa~d n~a~e of nMS pe. cenruin pe. ~mwin and aperhe. wlth wd~ im..en ~MII b~ secured by N~e lien of rh:s morpt~. s aa~~~6g f;~c~1f 74 ~ ~