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Home My WebLink About0080 ~ ~ . t r ~.~9~ TH~s ~NOENTURE. Msd~ tha-__31st___ Day of.-,l.~!lY ~ I?. D. 19 68 atwe«~ 'I1.iEODORE.~,,KQjA~_:._a. single rson of-----~~. _~..~1G1~-•-----.------ Cax+ty. Florids. Mnin~ftK d~si~nated u th~ "MORTG/100~t," snd FIRST FEDER/1L SAVIPKiS /1ND IOMI /15SOCI/1TION OF INDIAN RIVEit COUNTY. s corpaatio~ o?tsnis~d snd existins u~d~? tM I~ws of tM Unlhd Stata ot Mmrica ' and Fyvins its p~indpal Plaoe of busi~wss in th~ City of Vero 8~sch. I~disn RivN County. Florida. Mninafnr d~si~nat~d ss tM "MORTC/1GEE.•• wHEREAS ~hs MORTWGOR is j~f~yp M+t ~~T~GAG s~in u d la~wful°fm~o~?~~. ~Un~t.a Stat.. ~a~ d b,?~ !!l]!!_.U.11_ MORTGAGEE unro th~ MORTG/100R. ss wid~nced by a certain pranissory ~ots of awn d~te Mrowith. of which tM followin~ in words and N~x~ is a trw oopy. to-wih. s 3,_000. oo 1029'7 ~ - - - V~ro B~ach. Florids. J•~~-~~... 19_~. For valus rateiwd 1 or vw jointly or severslty promise to pay to FIRST FEDER/1L SJIVINGS M!D LOMI ASSOCIATION OF INDUN RIVER OOUNTY. ths s~xn of i~-~•QQ--- at its aHios in V~o Be~ch. Ftorid~. wilh int~nst at th~ rab of~.~~__~-- ver ant v~ ~n. in ths follovvin~ marw+K: monthb paYR~~I be s~ppli~ed first~to ths Wyment of'ntn tterost on t~he unpaid ba~lano~~sndathen~to th~~p~ym~?t of princip~i .j ~id: said This note is oe~otisbk and if default in psyR~t oaurs. may be Plscad in the hands of an attorney at law fa oollxtion. in whkh eve~t I or we ss~t to psy tM oosts of collection. including s rossonabb attomry's fee. and esch of us, whether msker. guanntor a e~dorsu. hereby ssverally wsiv~es demand. notice of ew~-oavment and protest of this note. ---I-$-/11~eodore-~, _KS~I~ _cs~n - cs..a In the event sny payme~t is not msde prior to ths 20th d~y of ths month wF~er+ due, then this note shall b~ar int~sst at the nte of 8.496 from the d~ts sny suth payment becsme due snd throu~hout the period of wch delinpuency. Shte stamps paid and tancelkd on ori~inal of this note in the an~t of s. 4• 50~ - NOW, THEREFORE, the MORTGAGOR for the purpose of sew?ing the payment of ths sald wn? of s-s~~Q. and ths perforn~ance of the oovwnts and agroements hereinaftar euprassed. and for divers good and valwbb consideratiw~s. b'Y tMse Pras~ts. does gnnt, bsrgain~ sell, ramise. release. convey and confinn unto the MORTGAGEE its wooessors and assi~ns. sll that certain lot, pieca or psrcel of land. situate. Mng and being in ths Counry of ----~~'--~4~C~e----------.•- and State of Florida. dascribed as toibws: Lot 22, OCEAN BOULEVARD PARK, according to the Plat thereof, recorded in Plat Book 7, page 18, of the Public Records of St. Lucie County, Florida. , a~~ ~ THIS lNSTRUMENT WAS PREPARED BY . cuss^~' "'t"" • GEORGE HEATH • } UAKT ~ CHAP'TE * ~t' : ° f~PO1~R,1~, ~ SMRH, HEATH, SMITH, & 0'HAIRE ~ -~_r~ ~U-Z~5 M- ATTORNEYS AT LAW ~ t~X. 2205 -14 th AVE. VERO BEAiCH f!A 32964 Q~c~ together with ~II and sir?gular the tenements, hereditame~ts and sppurtensnces thercunb belanging or in aoywise appertainina thereto, and ~ all rents~ issues, Proceeds and profits accruing and w aocrue from said premises. all of which aro included in the abova and foregoin6 de- ~ uription arld habend~m. E TO HAVE MID TO HOLD the sbove describcd and aranted promises unto the said MORTGAGEE. its suaasors and sssiQns forever. ~ Md the said MORTGI~GOR for_..~115 ___heirs. executors. sdministrators and asxlgns. hereby oova+ants with the ssid MORTGAGEE. its woces- son and assigns, that .__._he_i8---_T _lawfuily seized of tF+e said pranises in fee simple; that the ssme sre free. tlesr and fiis- charged from all (ieru and e~punbnnoa in law or in tquity. and th~t_ ------il~ wil) and ~l?S.~ heirs shall warrant sr?d defend ihe titk to tfie same to the said MORTGAGEE. its wocessors snd assigns. forever against the lawful ctaims snd demsnds of sll perso~s: PROVIDED. ALWAYS that if the MORTG/1GOR shall pay unto tfie MORTCAGEE the promissory ~ote hereinbeforo dacribed, and shall truly. P~omPtb md fuf~Y Pe?fo?n+. d~sd~arQe. axecute. con+P~. ~~P~Y with and abide by each and every the stipulstio~s. ssreements, conditions and covenants of said promissory note and of this Mortgage. the~ this Mortgage and the Estate hereby crested shall cesse and be null and void IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular or plural anywhere in this Mortgage, shall be singular if ons only and shail be plura~ jantly and severally if more than one, and that the word "Their" as uscd anywF~ere in this Mortgsge shsll be taken to mean "his," "her." or "its," wherever the context so imp{ies or admits. Also, that wherever thero is s refere~te in the tovenann and t agreements herein tontained to any of the parties hereto. the same shall be construed to mean as well as the heirs. leQal reQresentatives. suc- ~ cessors and assigns (either voluntary by act of the parties or inwluntary by opention of the law) of the ssme a~d that the oovenants herein contairxd shall bind and the benefits and advantages inure to the respectiv~e heirs, legal representatives. wocesso?s snd usigns of the parfilS Fferet0. Md ssid Mort~agors. fo? therr?selves snd their heirs. legal representstives, wtte~o~s ud assi~ns. hereby jointly and sevenly ooverwr+t ~ and agree w and with the said MORTGAGEE, its successors and assigns: ~ 1. To psy all snd sinaular the principsl and interest snd the various and wndry wms of moneY paYsbl~ bY virtue of ssid promi:sory note. and tNs mo?t~a8e. each snd every prorttiptly o~ the days respectively the same severslly becarn due. 2. To pay all and singubr ths taxes, sssesur~ents, levies, liabilities. obll~ations and intumbranoes of trery nst~xr ~nd Iclnd now on said dacribed D?operh. or that heresfte? msy be imposed, wffersd. Plxed. kvied, or assessed~ thereon or that herafte~ n+sy be lavied or ~ szsessed upon this Mwtga~e, w the indebtedness setured hereby, exh and every, when due and paysble attording ro law, befwe they be- con+e delinquent, ard before any interest sttaches ot sm? penslty is incurred; and insofar u any thereof is of record the ssms shall bs promptly satisfied and dischsrged of record snd the oriQinal official docurnent (wch as, iw instance, the tax rcceipt or the satisfsction paper offkially er?dorssd or certifie~ shall be plsced in the hands of saW MORTGAGEE within ten dsys next she~ psyment; and in the event tFr~t sny thereof fs ~ot p~id, s~tisfied ~+d distF+arged, said MORTGAGEE msy at sny time pay the same w amr part thereof witF+out waiving w sffectln~ any option, lier~. equity. w right under or by virtue of this Matp`e. snd the full amount of each a~d every wch payment shall be imn+edlstefy due and payable and shall besr ieterest from the date fhereof until psid at the rste of ~[and Mtlls ~tf Clf1fYM pQ/ ~Mtpt1 ifld tOeQfhQf with suth int~rest shall bs secured by the litn of this mat~a~e. SeVell ~Ve 3. To plsce snd continuously keep on ihs buildir?~s now w hereahe~ sitwted on said land and an sll equipment and persa?~Ity cw- ered by this mortp~e. with •II premiums fhereon paid in full, fir~ inwn~c~ in the uswl standard polky fomn, in a sum spprov~d by the MORTGIIC,EE. snd to.nado insu.anct in the uswl stu+dsrd poticy fam.in a sun app.oved by the MORTG/?CEE. in wch comp~ny a c«npsni~s u th~ MORTG/?C',EE msy ~rott: ard all Hn and tc~nsdo ir?wnnu polkl~s on any ot s~id buifdinp. any inter~st therein w part tF+ereof, in t1+~ ee +~tKi+M surn afortsaid w in ~x~ss th~nof, sFull conbin tht u~ual ttarxlsrd mort ~ee tlaus~ or wch ofher clsus~ as th~ MatL~iM ~Y npuin. n»kin~ th~ loss ur~ said polici~s. ~ach andtvery .~p~~?~b1~ to ssid MOR GAGEE a its IntKesf m~y appar~. and wch and ~vr+y wth poliCy shall bt p~oinptlp assip~sd ~nd dslivered to a~d htld b~? said MORTGI~GEE ss ~twtlw secu~ity to ~Id mortpp d~bt. a~d. not le~s tkan t~n (10) days in advsna of tM ~xpiratian of ac1+ pol~r. to deliva? to ssid MORTGJK'.EE a?~ewd tMr~of, taptl+K with ~ nuipt fw th~ p+en+ium ol wd+ nMw~l• and tMA shatl b~ no fin o1 tornado iruwarxe Dlaced on sny of sald buildinp, any intKest thee~ein w part tFrnof. unless In th~ form and wiffi t1r bss WYsbM as afora~id: s~+d in tM wMt anl? wm of ma~ty beoonrs psyabl~ ud~r wd~ F~nec-ui-i?s-d-~~-,N a~1?3 ~ 79