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HomeMy WebLinkAbout0157 . 169435 ~ THIS INDENTURE. Made tF~e.f1St Oay of_. AU St ,/1. D. 1~8 b~twea+ ._EDWARD F BtJTLER and GA'I~iERINE R. B ~ his ~ ife' _ _ - of.---.--+5~•---~,r~~ Co~mty. Florrd~. i~ein~fta d~si~nited as th~ "MORTG/1WR." ar?d FIRST FEDERAL SAVIPIGS /1ND LOMI /1550C1/1TION OF INDUW RIVER COUNIY. a oo~poation oryanis,sd a~d pdstt~ ix+d~r th~ ~aw~ of tM Unft~d Sbta of M~ia ard haviry~ lb printlpsl plate of busirnss in !M City of V~ro B~ad+. Indisn RivK CouMY. Flotids. M~einsfta d~si~nsted ss tM "MORTC/1CEE•• rh. ~aTw~coR ~ j~ ~ ~eTwc~ of.~1x_~o~s~~,-_.F~at..e H~us~e~.. a,nd.. - cs.~,~~ _a od~.~, e~ .~,a ~,Nr„i ~.v ~ er» u~+~aa sat~. .a~?.~+o.e b,? ~t+: MOR unto the MORTC.AGOR. ss ~vW~nad b1? s a~taln pe~omissory note of even d~t~ F~rewith. of whid+ tM folbwin~ in words snd fl~ur~s is a t~ oopy. to-wir _...io3oo Vuo 8~+d+. Fbtid~. ~.~_•~ll$L18~_~s- 19_~_ For- vslw ?eoelved 1 or w. ~ointty w sevenlly promise to psY to FIR57' FEDERAL SAVItrGS /1ND LOAN /155~OCI/1TION OF IN~I/W RIVER DOUNTY. the wm of i6:.~,~~-------- at its offios tn V~o BMd+. Fbrid~. with int~t at th~ ~a» of_~~---- per ant per smurn. in th~ followi~-nwwNr. . =1s~.-~--- u~pon therHrst of eacfi snd every month tw~~aftar unHl th~ full principsl sum. with Mt~~t. has b~~ Wid: s~id monthh~ WY~+ts sh~ll be +PPliad first to the psYmant of int~r~st on tM unpsid bala~o~. a~d th~n to th~ psy~nw~t of PrinctP~l. This not~ is ne~otiabk snd if default in psyment oau~s, m'y bs plaoed in th~ F~nds of an sttornry at law for oollectio~,, 1n wl+Id+ event I or ws a~ee to pay ths casts of aollection. inclu~Nr~ a resso~bk attorney's he. and ~ad~ of us. wMthK maker. I~ru+to? or endorser. hereby sevenlly waives demu+d. notioe of rwn-oavn~t s~d protest of this rwte. _.~$~Edward F_~Butler--- _ ----cs~u --~~~~~~h-e~~ne _~4~er csWa In the event any payment is ~ot n?sde prior to ths 20th day of the month when due. then this note shsll besr inttnst at the rat~ of 8.4% fe~om the dats a~y wd~ payment became due snd throuahout the D~ad of wch ddi~qusncy. - stste stamas va~d and csnoe~kd on oH~ina~ of thts no~e ~n the .mo~.~r of s9.75--------.----• NOW. THEREFORE, the MORTG/100R for the purposs of sea~in~ the p~yment of the said sum of S-~s-s~~-~-__~__ and ths perfortr~anoe of the oovenants and agreements f~ereinafter exprossed. and for divea Qood snd vsiuabk tonsiderations. bY these P~e~+n. d~s gnnt. bs?gsin. sell. remise, release. oonvey and canHrm unto the MORTGACEE lts wocessors and sssiQns. all that certain tot. pieoe or p~roel of land. situate. lying and bein~ in ths County of ~~_.__~~Cle_.____--- - and Sbts of Florida. desaibed ss folbws: Lots 20 and 21, Block 6, WESTWOOD MANOR, a subdivision according to the plat thereof, ~ . recorded in the office of the Clerk of Circuit Court of St. Lucie County, Florida, in Plat Book 6, page 26. I IN PAYMENTOFT11XE3 RECEIYED DUE ON CU55'C~ ~NTANGlBLE PERSONI?L PROpE ' W ~~j' ~ t uF h- L U K I U~ pURSUANTTOCHAPTERYO724,ACTSOF1941. ' Z DOCUNIENTA~" STaMP TQX ROG~ R POITRA~, U e r k Circuit Court _ - ~ - _ ~ ~~ant 4or CUR?IS M. JAMES ~ - ~uG-e'68 : _ ' c~v Tax c,~u~a« ~ v - Y 9 7 5^ s~. w~ ~,~R ~ .e~,:s gy P rr c~c i ~ ~ together with all snd singular the tenements, hereditaments snd appurtenanoes thereunto bebnging or in soyvvtse sppertainir'~` thereto. and all rents, issues. proceeds and profts scauing and to aocrue from said premises, alt of which sre included i.n the above and foregoin~ de- sCriptiOn and F~dtur~ TO HAVE MID TO HOLD the sbove destribed and grsnted premises unto the said MORTGAGEE. its wocessors and sssi~ru forover. And the said MORTGAGOR for_~e_~hei?s. exeuitors. adrrunistntors and assigru. hercbY oovenants with the saW MORTGAGEE. its wtces- sors and ass;gr?s, ~t------rhe;c-aTe lawfully seized of the said prcmises in fee simple: that the same aro froe. ciear and dis- charged from all liens and enaxribrances in law or in equiy. snd that ----Ltl~;l . wii{ and __~~35 hfirs shdl warnnt snd defend the title to the same to the said MORTGAGEE. its wotessors snd assigns. forever against the lawful ciaims snd demards of stl peaons: PROVIDED. ALWAYS th~t if the MORTG/1GOR shall pay unto the MORTGIIGEE the promissorY rwte hereinbefom destribed. and shall tru1Y. P~Pt~Y and iul~Y Pe?form. dlscharge. execute. aornPkte. comD~Y with and abide by each and every the stipulations, ag?eements. conditians and oavenants of said promissory note and of this Mortgage. tF~ this Mortgage snd the Estate hereby ueated shall cease and be null and voiA ~ IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular or plunl anywhere in this Mortgage, sf~sll be singular if one ~ only and shali be plursl jantiy and severally if rmre than one. and that the wo?d "Their" as used anywhere in this Morigage shall be taken to mea~ "his." "her," or "its." wherever the context so implies or admits. Also. that wherever there is a reference in the oovenaMS and agreements herein ca+tained to any of the parties hercto, the same shail be oonstrued to mean as well as the heirs, fegal reprosentatives. suc- cessors and assigns (either wlunbry by act of the parties or inwiuntary by opention of the taw) of the same and that the oova+ants herein contained shell bind and the benefits and advantages inure to the respective heirs. kga~ rePresa+tatives, wtcess~s and assigns of the partieS F~ereto. Md said Mortgagors, for the~nselves and their heia. legal representatives. wcca~ors and assigns„ he~eby jointiy and severally oovenant ared agree to snd with tFie said MORTGAGEE, its wccessors and assigns: 1. To pay all and sinpular the principal and interest and the vario~n and wndry wms of money psyabk by virtue of said promiuory note. and this matBaBe. esch s~d every prorr~ptly on tfie days ~espettively the same saverslly betome due. 2 To pay all and singular the taxes, assessments, levies. liabilities. obiigations and inwrr~branoes of every nsturo and Wnd now an said described P?cPertY. w that herafter may be imposed. wffercd. P~aced. levied. or sssessed thereon or that hereafte? msy be {evied or assessed upon this Mortgage. or the indebtedness secured hereby, each and every. wi~en due and payabk according to law, before they be- come delinquent, and before any interest attaches or any penalty is inarred; and insofir as any thereof is of retord the same shall be prorr~tly satisfied and discharged of record and the aiginal offiaal documa~t (wch as. for instance. the tax receipt a the satisfaction paper offkially endwsed or certifle~ shali be plated in the hands of said MORTCAGEE within ten days next after payment; and in the event that any the~eof is rat paid, satisfied and discF~arged, said MORTGAGEE may at any time pay the same or any part the~eof without waiving or sffecting any ~ option. lien. equity, or right tu~der or by virtue of this Mortgage, snd the full amount of eath and every suth payment shall be imrr~edtately due and paysble ard shali bear interost from the date thereof until psid at the rote of ~Qc and~-tenths per ce~tum per annum and together with such interest shail be secured by the lien of this mortgage. BeVeI1 1Ve 3. To plxe and oontinuously keep on the buiWings naw or hereafter situated on said land and on ail equiqnent and perwnalty oav- ered by this mortgage, with all premiums thereon paid in full, fire inwrance in the usual standard poliq fwm~ in s wm approw.d by the MORTGAGEE, and tomado iruurance in the uwal standard policy form.in a wm approved by the MORTGAGEE, in wch company or cornpanies as the MORTC/1GEE msy dtrect; snd ali fire and tornado inwrsnce policies on any of said buiWings. amr interest tF+erein or part thereof. in the aggregste wm aforosaW or in excess the?eof. shall oontsin ths ususl staodsrd mortgagee clause or wth other cla~ne u the Mortgsgee may require. maki~ the less under ssid policies, each and every. paysbk to said MORTGNGEE as its interest may appear, x~d ead? and ev~ery such poliq shall be P~M~Y usi~ned and delivered to snd held by said MORTGACEE u furM~er sewriy to said eartgage debt. and, not ; las than ten l10) d~ys in sdvance of the e~intion of esth polky. io deliver w said MORTGAGEE a renewai thereof, together wtth a reoeipt : for the pr~en~ium of such ?enewal; and there shall be no Hrc ot tornado inwnnce placed o~ any of said bufldings. any inMrest therein or ' pa?t thereof~ unku in the form and with the bu paysbk as sfores~id; and in the event sny wm of money beaomes psyable under wch ! FFIRC 251-1M-667-M O A ~ . eoox ~ ~acE