HomeMy WebLinkAbout0676 1p~II1
THIS INDENTURE, Mad~ tl~._.._5~ Day of_.._1~,ne_~..~ ~ -.ti /1. D 19_=x. b~twe~n
h~s
~v~fe an~e~icli~~Q~~li~
saan a s c~e~ ~~i~Bb~ns fii~s
w~e~. .~si~s~s._~~.Atl.isik,
of--•--- /~~~~~E~-------•---- Camt~?. Flo~idi. Mninah~r d~isn~t~d a~ fh~ "IVIOi~TW~C'AR" and FIRST fEDER/1~ SIWIN(i5 /1NG
I.OMI CI/\TI OF INDI/W RIVEf~ GpUNTY, s oorporstion o?~Snt~d a~d ~cistin~ und~~ th~ law~ of tM UNt~d Sht~s of M~ka
u~d havi~y its ptinCipsl p{~o~ of busiMSS i~ th~ Gity of Vero 8~ath. It~ditrt RIeN County. Flo?ida. FwtNnsfh? d~sipyt~d as th~ •~MORTGII~E~.••
~I F~ c~,. MoaTC~oR ~ ~i .~u~TC~ of__Ott~..Hund~d.ll~t!~n~~_~ix..Zhousand
N+oRand cJ1+GEE unto=ti,~ iNOtiTCiu~ioR,
as s b,? . a~ta~~ wa°?~r
~~oM of ~
daM
~er"'~of~'Mn
a~ e~~,..~ralowin~ N
w~
arxi H~unis is • hw ooNy. w-wir.
: ~~~~_~oo..oo . Na 10249
Vero B~ach. Florida. .---~VYI~ 19_-ba
For valw roaiwd 1 or vw jdntly or severally promise to psy to FIRST FEDEWLL SAVINGS AND IAAN ASSOCIATION OF INDIAN
RIVER COUN11f. tM wm of =_~Z~~s~------ at its affia io V~o B~ach. ~lorid~. wiifi i~t~nst at thf an of_.~.~.~~--
per pnt per srrwrn. in th~ iollowi~ maruwr.
= Z 1.~2_~~ upon ths fiat of a~ad+ and every month heresker unNl ths fuN prtntiWl wm. with i~b~t, hts been paid: said
monthlY WYments sh~ll be spplied first to the payrnent of interast on tM unp~id balanc~. and th~n to ths paym~nt of pHnttpsl.
This ~foh i= r~otiibb u~d if d~fault in psyrtNnt aawrs. rtyy b~ pisced i~ ths hands of an sttonwy at Isw fo? ooil~etian. in whith
event 1 or vw s~ro~ to psy th~ oosts of oolteettan. t~clu~ns a r~asonabk attan~y'a faa. u~d each of us. wMthx msker. Nanntor or andorser,
~iN ~s„a ~~,x,a. ~e~. ~ ~„~,«~t .~a ~ ~ ~ ~s/Cody L. Bai~le~y (Seal)
/s/Carolyn A. Bailey Seal -,-----._~~/_~~b~~i~~1..._ ~i.~ik.-_Ir•---- - --cs~n
/s/Frances C. Misik ~Seal;
/s/Patricia L. Stebbins(Seal) ._._~~f
~x~h~s~_Cz~.~_l~in~-----------~_cs~n
In ths event sny payment is not msde prior to the 20th dsy of the nanth wF~en dus, then this note shail bsar int~rest at the nb of
8.4 ~ hom the dats sny wch payma~t became due and throu`hout the period of wth delinquancy.
Shte stampa p+id and wrc~lled on ori~insi of this note in the amamt of i--~4~~------.-.
NOW. THERffORE. tht MORTGAGOR for ths purposs of searing tha payment of tfia said wm of 5,~.6s._~.~ and ths
Perfam~e~oe of the oovensnts and a~reane~ts hercioake? ~sed, and for di~re~s Qood sed valu~bk oo~uiderstions. b'f? tMse Prrsa~ts. does
grant. bary~ain. sell. ran?ise. rckase. oon~?e~? and aanfimn unto the MORTGIIGEE its wooesso~s and assl~ns. all th~t osrtsin bf, pieos or Wrcel of
snd State of Ftorida. dacribed ss folbws:
i,~. ~rw~.. h~s e.+roc t?~.. c~,~, of ---St, -Lucie------------
Lots 2 to 10 uYClusive, Block A, Unit #1, PARKLAND
SUBDIVISION, according to the plat thereof, as recorded
in the office of the Clerk ~f Circuit Court of St. Lucie
County, Florida, in Plat Book 14, page 35.
v
~ 7HIS lNSTRUME~~T WAS PREPARED 6Y
~~Z ~""*°naT~a" GEORGE HEATH
w~i~Nr~roc
~M
~iuRO~e °1°~ ~o""~ ~Rrt ~ITN, HEAjN, ~Mi~H, ~ 0'HAtRE
~7f~ AiCT~O~ 1M1,
~ ~`s' ~ ATTOkN~YS AT ~A~N
~s Nr lrer QR'~IS M~ iAMes 2Zt~ -14 th AYE. YERO 6E~H FtA. 3~964 -
9~? ~.r. i~r~r T.~ ~D~i~ -
M - ~
e~urr cu~
togetf~ with stl and singular the terKmsnts, he~taments rnd appurter~ances thereunto belonging or in ar~ywise appertaining thereto. snd
all rents, issues, prooeeds a~d profits aocruin~ and to aocrue from said premises, ail of which aro included in the above and fore~ang da
scription and habendunl.
TO HAVE M1D TO HOI.D the above described and ~rsnted premixs ur?to ths ssid MOR7GIIGEE, its wooeuors and sssi~ns foreve~.
Md the said MORTGAGOR for_ ~
1L_heirs. e~cea~tors. sdrr~inistntors and assigns. hereby oovenu~ts with the ssid MORTG/1GEE, its woces-
sors and assisns, that------_~1~~/_- ~e lawiully xized of the said premises in fae simpte: that the s~ms am fros. ckar and dts-
cF+ar~d fram all lie~n and ~ancas in Isw o? in equih. ~,a ~t---~_they_ .,M~i ~a ---~1e1_~ r~R sh~tl warnnt snd
defend the title to the sstne M the s~id MORTG/1GEE, its wocassors snd assi~s, forever sgsir?s! the bw(ul tbims snd de~nsnds of sll persons:
PROVID~D. ALWAYS that if the MORTGAGOR shsll pay unw the MORTGAGEE the promiuory ~ote hereinbefore described. and
, sF+aU huy. promptly snd fulh Perfom?. d'isct~s~e. axetute. oomplete. camP~Y with snd abide by e~ach snd every the stiputstions. s~reeer~ants.
conditioru and covenants of said prornissay rats and of this MatQage. then ti~ts Mortgage snd the Eshte hereby crested shal) cease and be
nuJl snd Yoiti
IT IS UNDERSTOOD tF?at the word "Mwtga~or" wF~ether in the sinQular or plu?si snywhero in this MortQs~e, shsll ba sin~ular if ons
only snd shall be ptursl jointly and severaily if moro tFw~ one, and that the word "Their" u used anywhere in this Mort~a~e shall be tsken
to mean ••his,•• ••her o~ ••its," wherever the context so implies or admits. Also, that wherever thero is s rcference in the oovan~MS and
sgreaecnts herein containod ro any of tF+s pa~tirs hereto, the same st+atl be oo~strued to mean as weli u the hein. k~al ?apmsentatives. wt•
cessors and assigns (eiN+er voluntsry by act of the parties or inwluntary by opeatlon of the law) of the same snd thst tfie oovensnts herein
contai~ed shsll bind and the benefits and advantages inure to the respective heirs. legai represenbtives. wotessors a~d sssigns of the
partia hercto.
Md ssid Morrgago?s, fo. tl+e~msehros and rheir heirs. legs~ rc~esentarives, wocauo~s and assigns, hereby jdnty snd seve.s~ly covensnt
~nd a~ree w sred with the ssid MORTCJ?GEE. its ~cessors md assigns:
1. To psy sll ar+d sin~utsr the princip~l snd interest and the various and wndry wms of moewy payabk by virh~s of ssid pramissory
nore. snd this rrwrtsate. esch and every P~+a+npthi on the days raspecttvely the same seve.~lly bacae~e due.
2. 7o pay all snd singular ths taxes, ssses.s~nents. (tvies. liabiliti~s, obUptiona and Inwmb~antes of evlry ~tu~ ~nd klnd now on
satd described property, o? N+at 1+erwafter may be ie~posed, suffarad. Plsced. I~vied. or assessed tF~eon w that herosher msy be levied or
assessed upon this Mo~tQap. or tFk tndebtedneu secu?ed F~raby, esch and every. when due and paysbk socordi~ to bw, before they be-
come delinquent. and before any interest attaches w sr~y p~n~Iry is inturred: and iruofa'F as-sa~thereof is of record the ssme shsll be promptly
satisfiad u+d discFuried of retord and the ori~Insl offkial dopxment (wch as, fo? instant~, the tsx receipt o? tM satisfscHon piper offitially
e++dorsed w ceniffe~ shsl~ be plsted in th~ F~rxh of said MORTGAC,EE within ten days naxt after payment; and in the went that any thtreof
is not paid. s~tisfied and dischsr`ed. s~id MOitTGJ1GEE may at any time pay the ssme or sny p~srt thereof without waivinQ or affectin~ any
option, lien. equiry. w~i~ht ur~ w b~r vi?tue of this Mort~s~e. and the full smax+t of each snd every wth payment shatl b~ immsdlareFy
due snd psyable and shall bear inbnst hom tM date theraof until paid ~t the ?ste of ~ind per es~+tum per ar~rwm an~ topther
to
wiH, stxh ~~tercst shd~ b. s~w..e by fh~ of t~s nfo.rN~t. seven .
3. To plsc~ and oontinuowly k~ep a+ th~ buiWir?~s now o? he.eaher situated on ssid Iand and on all equipn~t snd personalry cov-
ered by this mortpp. with all pramiums tF+Kea+ psid in 1u1(. fln insu~snce i~ Me uswl standard policy form, in a sum approved by the
MORTGI1CrEE, sna twnado htw~anc~ In tht uswl stir~dsrd policy (wm.in s s~w» approved bry the MORTGAGEE. in wth oomp~ny or comp~anfes ,
, u tFN MORTGAGEE msy ~rect: snd ~tl Hrr ard torn~do ie?swsnq polktes on anY of s~id buil~n~s, any interest tF~ereie~ a ps~t thereot~ i~ tM
aisre~+t~ wm af«aaid a in e~oo~ss tM~of. sfiatl oonbin M» u~wl sardard +rw?t~s~t cla~a~ a such oHrr claws ss the Mort~ nry ~
' ?+Quin. mskirK Nu loss urdK s~Id polki~s. Wd+ ~nd~v~ry ~~W~b1~ to said MORTGNGEE ss Ih intr*~st en~y aPP~'. and wd~ a~d Mry
~ wch policy shall b~ p~omptly ~ssi~d and ddivend fo and Mld b~r s~ia Mf~ttTGIK'+EE as fwtMr s~cwi to ss~d wd
tY ~iK~ drbt. tnd. not
tas N+in ten /10) dsys M~dv~no~ of the expintio~n of wch pdk~r, fo dtltrN w uid MORTGIIGEE a nn~w~l tl~of. I~optM? with •?~ipt
i fo. tM P~+~~ of wd~ rN+~wal; and M~n sh~ll b~ ~0 8n or ton+ado Ms~xsna plac~d on any of satd buifdn~s, any interest th~a~n a~
p~rt tMtiof. un{bs in M+~ fwen and with th~ foo phrabi~ as afoewld: a~d in eM rv~t any a~xn oi nw~wy b~eana pryablt urdN sutl+
~ ~~,~-2s,_~~..,~ a~172 ~ 6i4
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