HomeMy WebLinkAbout1047 is~13 aiaau~uaaa~.aa~ ncso ya.+t....+.~.. - . . -
Atoorneys at Law, 2206 14th Avenue; P. O. Box 518, Vero Beach, Florida 32960 • ~
THIS INDENTURE. Mad~ ti~e~_~~..-- Dry of.~.~_____ OCUO~Y' T~.~-_~_____. A. C 1968 bttweee
- - 1N~2(.?1~.._BF~A?A~.-- ~~I.~~ a~i~~.~'~.'E~,---~I-`-1_~-._:._a _Florida. Cor~oration_...._.._
of----- --.~Za._~.tll~e--- Camb. Florid~. hereitl~ftK dai~nat~d as tht, TG~Ai00R ,FtRST FEDER/?L SAVINGS MID ,
LOMI ASSOCI/1TION OF INDIMI RIVER COUNTY. s capoatton onsniz~d and udK of tM Unltrd Stata of M~ica F+
~d F?svin~ its pri~+cipal plao~ of businas in th~ Gty of Vero 8std+. Indisn RivK Coun~ds. Mr~ ~natad ss the "MORTGIIGEE'.
wF+~re~?s t~ ti+oreTC~e a y `a~~y(y~ (~~Q_~
t+,. ti+oaTC,~?c~ in ri,. ~~~y~of.~'e1~ .~2~sand .a.~a.~ts,~.~_ -.a.~.,._
~ ~ ~ ~ ~ r ~ ~
~ r ~ r ~ ~ ~ ~ ~ ~ ~ ~ r Y ¦ , W/.---~ ~ ~ ~ yw ~Y~ M~11~ of th~ Unihd Stata ~ ~
aswr~-
MORTWGEE unto tM MORTCJICOR. ~s ~vid~nced by a osrtain p?aMssory note of wen d~te henwrith. of which ths lollowin~ M vwrds
~N... ~ ~ t~. ~.,~t: i0401 N
:1o,~40Q,-00-- ~ - -
V~ro B~+d~. Florids. ----------Q.~Q4-~~ _s~~~._~_._~.__~ 196~ .
For valw roceivad 1 or ws iointiy or sevenlly pranise to pay w FIRST F''~DER/1L SAVINGS M!D LOMI IISSOCIATION OF INDI/W
RIVER COUNTY. ths sum of i~Qs-Q~~-~- at its dHp in VKO BWCh. Flaid~. with int~nst at th~ rst~ of- 7•
rJ `
DK aM PK arrKxn? in ths follovviry mrwwr.
=119_ upon Me first of each and evary month hsnafcer unNl the fu11 princtwl wm. vvith inarost. 1w been wid: said
monthN WY~ts shall bs spplled firit to ths payment of (Merost On tFN unpsid bslsrKt. aRd tMn to 11N p~yrlNl~t Of prinCipal.
This note b ne~otisbk snd if dsfault in paymanf oowrs. m~y be Plaosd in ths I+~nds of a^ attornay at 4w for oollettion. in whkh
evant 1 0. we s=ros to psy the coats of oollection. inclu~n~ a rossonsbl~ attomay's fes. a~d each of us. vrF~ther mak~. t~+~nnto? o. a~dorse~.
herebY seven~ly ws~ws demsnd, noti~ of non-wv~nt .~a ~i~~--~ ~1L a A ociates, Inc.
Corp. Seal) ~ ea~ ~vr_F.~ooc~ cs~n
~ Y~ t sidenr
Attest~s/__B.arbrara.
T,__ ~s~cs..u
In the event sny p~ymant is not made prior to ths 20th dsy of the month whe~+ due. then this note shail ~ int~rost at the rate of
8.4 ~i from the daM smr wch paymant became due snd throughout the period of wd+ delinqu~ncy.
State stsmps p~aid snd cancelled cn oN~insl of this nots in the smamt of =15~~___._-__~_.
NOW. THEREFORE. the MORTGAGOR for the purpose of secu~ing the payment of the ssid surn of S.~s-~~--QQ------ aod the
grsnt ba~ain~ se~~n~isey release. conveY and confiRn unto
the~
TCAGEE~~wo~teuors and assiens.
al~rt ce~rt in
btt~eo~or
p~roel
~
Isnd. situate. hring and bein~ in th~ County of --,~t.__ I.al1CI.~_----------- snd Shte of Flo~ida. dsscribsd u follovrs:
Tract or Lot 3, of Walsh Farms, a Subdivision of that part of the NW 1/4 of Section 27,
Township 35 South, Range 39 East, lying North of the Okeechobee Road (State Road No. 70),
according to a plat thereof recorded in Plat Book 4, at page 76, of the public records of
Saint Lucie County, Florida, less and excepting~ the following described parcel of land:
Beginniqg at the SE corner of Tract or Lot No. 3, of Walsh Farms, and run thence
Northerly, along the East line of said Tract No. 3, a distar.ce of 812 feet, thence
run Westerly, parallel to the South line of said Tract No. 3, a distance of 100 feet,
dience run Southerly, parallel to the East line of said Tract No. 3, a distance of 812
feet; thence run Easterly, along the South line of said Tract No. 3, a distance of 100
feet to the point of beginning, all lying in and comprising a part of said Tract No. 3,
in Walsh Farms.
All of the furniture, furnishings, fixtures, appliances and equipmeat now in the buildings
located on the above described property, and which may hereafter be placed in the
; buildin,gs located on -said property.
~ togethe~ with all and sin~ulsr the tenements, hereditaments and appurtenanoes therc~to belonging or in snywise spperhinine thereto, and
sll rents, isuies. proteeds snd proflts sttruing and to aocn~e from ssid premises. all of whith s?e tntluded in the above and foretoing de-
stription snd hsbendtun.
TO H/WE M1D TO HOLD the above described and grsnted promises unto the ssid MORTGAGEE. its wotasoa snd assi~ns foreve~.
S
Md the said MORTG/1GOR for---~LS ~~ii
Yi~i~and auigns. hereby covenants with the said MORTGAGEE. its woces-
sors and assigns, that- __.lt-1S--------- bwfuily seittd of the said premises en fee simpk: that SUSCC68SOI'$ctear and dis-
charged hom all liens and encurribnnces in Isw or in equiy. and th~t----.-----1~ will and _ shall warnnt and
defend the titk to the same to the saW MORTG/1GEE. its wocessors snd assig~ru. forcver agsinst the law(ul cisims and damands of all p~rsons: s
PROVIDED. /1LWAY5 thar if the MORTGAGOR shall wY unto rhe MORTG/1GEE the promisso~? nore hereinbefore described, snd
~u r~,~y. p~b a~d t~iy a.tom,, d~scw~. ~wr~. oonw~ec~. co~+aN w~~, ~,a ~de by ~,~,d erery r~,e sha,yro~s, ~~ea~e~n.
ca~ditio~s and aavensnts of said promissory rwte and of this Mortgage. tF~ this Mortgage and the Estate hereby ueated shsll cease snd be
rnill snd void
IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular or plural anywF+ero in this MortgaQe. shall be singular if ane
only snd shail be pluat jantly and seve~ally if more than one. and that the word "Their" as used anywhere in this Mortaage shall be tsken
to mean ••his~•• ••F~ or ••its,•• whe?ever the context so implies or admits. Also. that wherever there is a reference in the tovenants and
agreements hercin contained to any of the parties hereto. the same shail be oonstrued ro mean as well as the heirs. legal repraentatives. suc-
cessws and assigns (either wluntary by act of the parties or invoi~tary by operation of tfie law) of the same and that ths cwrenants herei~
contained shall bind and the ber+efits and advantages inure to the raspective heirs, legal reprosentatives, wccessors and sssi~~s of the
parties hereto. • ~ : .
Md said Mortgagws. for themsetves snd t1+Mr hein. legal rep~esentatives. suooessors and sssi~ns. herebY Idntly and sevenlly cavenant
and agree to and with the said MORTG/1GEE, its wocessors and assigils: ~
1. To pay all snd singubr the principal and interest and the various snd wndry wms of monsY WYabb by virtue of said promissory ;
~ote. and this mortgage. wch snd every prornptly on tF+e days respectively the same severally betane due. E
2. To pay all snd sinaular the tsxes, sssessrnents, levtes, lisbilit{es. obU~stions snd incumbranas of every natun and kfnd now on ;
said described Prope~tY. or that heresher may be Imposed, wffered. Placed. levied, or assessed the~eon or that heresher rnsy be fevied or +
assessed upa~ this Mortgaae. or ths irdebtedness secured hereby, exh and every. wF~+ due and payable according to law, befae they ba
tort~e delinquent, and before any interest attsthes or sny penalty is inturred; and insofar as any the~eof is of record the same sFwll bs promptly ;
satisfied s~d dixharged of record and the original oHicial doaxnent (wch as, for instance, tF+e tax receipt or the satisfxtion psper officially +
endorsed or tertifie~ shall be placsd in the hands of said MORTGAGEE within ten days next aher payment; and in the event that any thereof ~
is rat paid, satisfied and dischsrQed. said MORTG/1GEE msy st amr tim~ ~y ff,e s~R,e w,~y pa~r ~eof ~rnan waiving w affecti~~ any
optian, lien. equiy. or ~ight under or by virtue of this Matgage. and the full anw~w~t of each snd every wch payment shali be immedistely
due and psyable snd shall bear interest from tht date tl~eof until psid at the rate of enths per centum per snrnxn snd toQether
with wch intercst shall be sewred by the lien of this mat~a`e. SeV6D
S~~Ve
3. To plxe ~nd oontinuousiy keep on the buildinss now or hereaher situated on said land and on sll equipment and persons~ty cov-
e~cd by th(s mortgs~e, with sll premiwru thereon paid in full, firo inwrance in the uswl stsndard policy form, in a sum spproved by the
MORTGAGEE. and tornsdo tnwnnce in the usual standard policy fam,in a svn approved by ths MORTGAGEE, in wd+ con+p~nr or con+Wnies
as tM MORTG/'1GEE may dirott; and all Nrt and torr~sdo i~urano~ policta on sny of saW buildin~t. sny interat thereM w psrt tF+eroof. in ths
•tB~Wro wm sforesaid or in vcoess the.aof. :F+all oontsin the usuai stancLrd mort~s~ee clwse o~ wch other clause as th~ Mo?t~s~es euY
nquire. makin= tht bss undtr said po{ities. e~ch and wery. Wribl~ to ssid MORTGAGEE ss ib Mterest enaY iDPM~. and ssth and every
suth policy shsfl be P~omPt~Y assip~ed snd d~Nwrod M and htid by ~sid MORTGAC'~EE is furth~? tetu?itr to ssid mwt~~ dabt. and, not
less tFw~ te~ (10) d~ys tn sdvar+ce of th~ expirsNon of esch polky. to d~liver to said MORTGAGEE a rerwwal thenof. w~ethe? with s naipt
fo. th~ premtuen of wd+ n.Mwsl; and tMn shsll b~ no Hn or tomsdo ie+wr~nce pisced on sny of said builfin~s. ~ny iMe~est thenin w
part M~ereof. unless f~ tM form and with th~ loss p~ysbb ss afonsald: and in tM w~nt anY wm of ma~ry b~oon~s P~Y~~ ~
FFIRC-ISI-I M-667-M ~
S~ 174 : a~ 1044 ~ S~~~ G~