HomeMy WebLinkAbout2023 This instrument prepared by Chas. E. Smith of Smith, Heath, Smith & O'Haire, Attorneys, '
2205 - 14th Avenue, Vero Beach, Florida 164'711 ~
THIS lNDENTURE, M~ ir,~ 16L11______. Day of_ ________FebYUSY~/ A D 19 68 ~
_,_SHEFFIELD T. ABOOD_and ANNE_E, _ABOOD,_ his_ wife _ ~
of .St. LUCle ~~ty, Florids, herein~ftsr desiQnated as the "MORTG/IGOR," and FIRST FEDERAL S/IViNGS MID
LOAN /1SSOClATION OF lNDIAN RIVER COUNTY, a corporation organi:ed and existing under the laws of tM United States of Mneric,~ ~
and havin~ its printipal plate of business in the City of Vero Beach, India~ River Cou~ty. Florida, hereinafter designated as the "MORTC/?GEE."' ,
y~(}~ ERE/1S the MORTCAGOR ~s just t MORTGAGEE in the wm of ~~~-Five Thousand_and__._ =
NO _Il!!J". (5.~~.-~_J Dol lars. good and lawful money of the Unite~d Statas advanced by the
M~G/?GEE unto tAe MORTCAGOR~ ss evidenced by s certain prom;ssory note of even date herewith, of which the foltowin~ i~ words
arx) fi~ures is s true copy, to-wit: •
s ss,_ooo. oo . No. ~.01f 8
Vero Beach, Florida. -February_--~.6s ~y-~ _
For value received I or we jointly or severally promise to pay to FIRST FEDER/1L SAYINGS M1D LOMI /1SSOCIkTION OF INDIAN
RIYER COUN7'Y. the wm of S_~~~~Q.QQ st its office in Vero Beach, Florida. vinth interost at the nts of_._.~.~__._--_-
per unt pe~ annwn. in the folbwinQ mar?r+sr:
S~~Q=~_____ upon the first of each and every month hereaher until the full principal wm. with interest. has been paid; said
monthly payments shall be applied first to the payment of interest on the unpaid balance, and rhen ro the psy,nenr of principal.
This nota is negotiable and if detault in payment oocurs, rr~y be placed in the hands of an attorney at law for collettion, in which
event 1 or we agree to pay the costs of tollection, including s reasonable attomey's fee, and each of us, whether maker. guarantor or endorser,
hereby severally waives demand, notice of non-oavment a~d protest of this note.
- /s/Sheffield .T. -Abood - -~s~an '
- ~s/Anne_E._ Abaoci _ cs~i~
-
In the event any payment is not made prior to the 20th day of the month wheo due~ then this note shall ixar interest st the nte of
8.4 ~ from the date any such payment became due and tbrougFwut the period of such delirquerxy.
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State stamps paid and wncelled on original of ihis note in the anwunt of ;_~~~~Q . ~
;
i NOW, THEREFORE, the MORTGAGOR for ihe purpose of securing the payment of the said wm of S 35s ~0•_ snd the ;
performance of the covenants and agreements hereinafter expressed, and for divers good and valuable considerations. by these presents, dors
grant. bargain, sell, remise, release, tonvey and confinr~ unto the MORTGAGEE its wtcessors and auigns. all that certain lot~ piece or parcel of .
land, situate, lyi~g and being in the County of ._St._ LUCle_ and $tate of Florida, described as folbws:
See Schedule "A" attached for Legal Description. •
This is a second mortgage on the above described property, and is subject to a prior
mort
ga ge on Parcel #1 of said pro
p e r ty, executed b
y Mort
ga gors to Mort
ga g
ee, - dated
April 15, 196~, recorded in O, R. Book 116, page 87; and to prior mortgage on Parcel
#2 of said property, executed by Mortgagors to Mortgagee, dated April 15, 1965,
recorded in O. R. Book I16, page 82, both in public records of St. Lucie County,
Florida,_ and by agreement between the parties, said mortgages are merged and
constitute a#irst Iien on said property.
j
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i ~ SCHEDULF "A" ~
3 ;
PARCEL #1: From the Southwest corner of Block 32 of Pinewood Subdivision, according ~
to the P at thereof recorded in Plat Book S, page 24, Public Records of St. Lucie County, '
Florida, run Northeasterly along the West side of Sunrise Boulevard 432. 3 feet; thence ;
at right angles to Sunrise Boulevard, run Northwesterly 185 feet to point of beginning; ~
from said point of beginning run West parallel with Georgia Avenue 220. 8 feet to East =
line of Sixth Street; thence South on East line of Sixth Street 178. 8 feet; thence East 68.6
feet; thence Northeasterly 231. 6 feet to point of beginning.
PARCEL # 2: All of Block 32 of Pinewood Subdivision, as per plat thereof on file in the
P at t ereof recorded in Plat Book 5, page 24, St. Lucie County Records, excepting there- ;
from the following: Beginning at the Southwest corner of said block, run Northeasterly ~
along the Northwest side of Sunrise Boulevard a distance of 432.3 feet, thence run North- ~
westerly at right angles to Sunrise Boulevard a distance of 185 feet; thence run Westerly '
parallel with Georgia Avenue to the East side of South Sixth Street; thence run Southerly
along the East side of South Sixth Street to the point of beginning, ~ p
ac}~~ 2 ~l~ - ~U~.~
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