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HomeMy WebLinkAbout2959 , 1'75190 . . ~ ~ • . ~THIS INDENTURE, ~lst o~,? of_.~Februar r~_________ _ p 19~ ~.e~ HOYT C. MURPHY-$nd DOROTHY E. MIJRPHY, his wife - - - of St.~_. Lucie co~.+ty.~ F~w.. ~~.k.. d.a~~.~.d u~n. °MO~rcv~ooR:~~ ~,a F1~.~wU. s~vu~cs ~wo LOMI ASSOCIATION OF INpIMI RIVER COUNTY. sto~po~ Non o~anis~d and ~xtstin~ u+d~? th~ I~wt of tM UMt~d Sht~s of M~ics ~nd h~vin~ its princlpal pl~u of buyrnss in tM City of Ve~o B~tds, I~disn River Counfy. Florid~. h~ninafter d~sip~st~d as tM "MORTCIICEE•• ~ ` Thi Five Thousand and ~ N~ E/1S tM MORT~uGQR ~,s~ y~~ MORTCIICEE in tM sum of._. ----~!Q~~1" ~'.---------w~. :~Z,_Vilu~~~ Dollus. tood and lawful morwy of tM Unit~d Stata advanad by th~ MORTC/1GEE unto tM MORTC,/100R. a~vid~nud by a artain promissory note of eren dah Mrawith. of whkh th~ followiry M words fie~ ~ . m,. ~.,~?sr. ~O~~S s. 35: 000. 00__ ~ . - - - v.ro e.~. F~a~. _~_FebruarY__ 21-' - ~9.b9_ For v~lue roteived 1 or ws joi~tly or seveally promise to psy to FIRST FEDERAL SAVINGS MID LOAN ASSOCIATION OF INOIAN RIVER COUNTY. the w~r of t_~aa...~!~!~: st its offia in Vsro Bs~ch. Florid~~ with intenst at tM ats of 7• 25 pe~ ant psr arxM+n~. i~ tht fotlawi~ m~nnK: :291. 00 th. flrst of ead+ sna ev~? monih ht~e.fte~ w,K~ ~M fu~~ pri~cip,~ wm. with ~~t.?est. r+u be~+ ww; ssb monthly psyrr~ents shaii be spplied first to ths psyment of intemst on ths unpsid balanoe. and tMn to the WYment of P~~W~ This note is negotisbk ud if dehult in piyrt~ent oaurs. maY be Piaoed tn the hands of an attorney at law for oolbction. in which event t or we atroe to pay the aosts of aollection. includin~ a mssansbk attaney's fee. and suh of us. whsther make?. N~a~tor or endorser. F,enby sevenly waivus demand. notia of rwn-osvment and p~otest of thk note. ----~sJHoyt C._ Murph~r - ----~---~-----cs~i~ __~slDoroth~r E.__Mur~h~r -------_._____cs~.u In ths event ~ny paymer+t Is not n?ade prior to ths 20th day of the month when due. N~an thls note shsll bear interest at the nte of 8.4~i from ths dats any suth psyrrbnt became due snd throughout the period of suth delirquenty. State stamps paid and canoelled on oriQinsl of thls note in the anwunt of s-_S~ NOW. THEREFORE the MORTGAGOR for the purpoas' of setu~ing the psyment of the ssid sum of S 35s_~0• snd the Perfomnance of the ~ovenants and a~~eements hereinaRer e~ued. and for d'ivers ~ood snd valwbk oauidentions. bY thss~ P~~~s, doos gnnt. bargsin. sell. remise. release. oorway and oonfinn unto the MORTGAGEE its suooes.sors and sssiQns„ sll that oertsin lot. pieos~o? parcel of land, situate, IyinQ aod beir~ in the County of ---------St. LUCle and State of Florids. dssc~ibed as foilows: The East 200 feet of the South 100 feet of the North 200 feet of Lot 181, MARAVILLA GARDENS, UNIT #3, as recorded in the office of the Clerk of Circuit Court of St. Lucie County, Florida, in Plat Book 6, page 62. f~ ~ RECEN~O v~~'~N pAY!lENT ~F tl1XES INSTRUME~~T W~ ~EP~~ aY DUE ON CLASS 'C ~NTANGtB~E P~RS~NA~ P'~1P~N. GEOKGE HEAYN ppRS'JWT Tp CRApTER 20724. 11CTS OF 1341. Foc~e ~.;;.~s, c~E~~ c~,~~:t us~ SMITH, HEATN, yoa?jH, O~HAIRE z ~ as Ag:: t f~t CAt:IEI N. KPtOWLfS. 1R ATTORNEYS AT LAW St lu;.ie Cau, ti Tax Col~ctor ~:1~ ~#111YE. YERO BEKf~ i1A~? 3~ I ~ u~rvn ~~c ~ together with sll snd singular the terkrnents. hercditaments and appurtenanoes the~eunto belonging or in arrywise appertaining thereto. and all rcnts, iswes. Proceeds and profits socruing and to socrue from said premises, all of which aro inciided in the above and foregoin~ de- xription and haber~an. . TO HAVE MID TO HOLD tha sbove dacribed and granted premises unto the said MORTGAGEE, its wooasors and auiQns forever. ~ And the said MORTGAGOR for ~lElr 1,s:~. exeaiMrs. adn~inistntors and assigns. hereby oovenann with the said MORTGIIGEE. its wa,es- sors and assigr?s, tr,a:----- ~~Y are i~wf~lly seized of the ssid premises in fee stmple; that ihe ssme aro free. tleu and dis- charged from all liens and enaunbnrxes in bw or in equity. and that-____-~~------_____ will and ~e~ heirs shsll warrant and defend ths titk to the same ro the said MORTGAGEE. its wooessors and assiB~s. forever against the Iswful claims and demsnds of all persans: PROVIDED. ALW~?YS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefors desuibed, and shall huly. promptly and fully perf~orm, d~sd~arge. execute. oorr+plete. corr~ply with and abide by eath and every the stipubtions. agreements. condiHor?s and oovenants of said promissory rwte and of this Mortgage. then this Mortgage and the Estate heroby created shsll cease and be nuil and voirl IT IS UNDERSTOOD that the word "Mortgagor' whether in the singular or plural snywhere in this Mortgage. ahsil be singular if one only ard shall be plural jantly and severaily if more tlw~ one. and that the word "Their" as used anywhere in this Mortgage shall be taken to mean ••his.•• ••her,,• a•'its,•• wherever the cant~t so implies or admits. Also. that wF~erever there is a refere,nce in the covenants snd agreeme~ts herein contained to any of tM pa~ties herero. the same shall be oorutrued m rt~ean as well as the heirs. kgsl represe~tstives. wo- cessors and assigns (either voluntary by xt of the parties or invol~hry by opention of the law) of the same and that the oovenants herein contained shail bind and tfie benefits and advantages inuro to the respective heirs. legal representstives, successors and- sssigns of ths parties hereto. Md said MortB,aBors. for themselves and their heirs. legal represenhtives. wccessors and assiB~. ~~Y i~ntly snd severaliy oovenant ' and agree b and with the said MORTGAGEE, its successors and assigns: - ~ ~ 1. To pay all and singular the principal and interest and the various snd wndry wms of money paysbk by virtue of said promissory note, and this mortHaSe. ~~d ~,?ery a~+prb o~ tt,e d~ys respeetively the same sevenly becoms due. 2 To pay all and singular the taxes. u~unents. levies. liabilities. obligatiens and incurnbrances of ev~ery nsturt ~d kird now on said desuibe~ property. or that hereaRer may be imPosed. wfffered. Plaoed. levied. or sssessed tfiereon or that hereafter may be tevied or assessed upon this MortQage, or the indebtedness sewred hereby. each and every. wF~en due and payabk accord+ng to law. before they be- come delinquent, and before arry interest attaches or any penalry is incurred; and insofar as any thereof is ot reco?d the,samq shall be promptly satisfied and discharged of record and the origirol official docwnent (wch as. for instance. the tax reoeipt or the satisfsction paper officislly endorsed or certifiec~ shall be placed in the hands of said MORTCAGEE within ten days ~ext aher payrr~ent; and in the eveot that any thereof is not paid. satisfied and ditcf~arged, said MORTGAGEE may at any time pay the same or any put thereof without waiving or affecting sny ~ option, lie~. equity. or ?ight w~der or by virtue of this Mortgage. and the full amount of each and every wth payment shaii be immedistely due and payable and shall bear tnte?est from the date thereof until paid at the rate of](~( and centum per annum and together with wd~ intercst shall be secured by the lien of this mortgage. seven on~~~er 3. To pla.e a~d oontirwously keep on the buildings ~ow or hereaRer situate~ on said land and on sll equiprnent and pe~sonalry oov : ~ ered by this mortgsge. with all premtums thereon paid in full. firo inwnnte in the uwal standard policy fom~. in s s~xn approved by ths ° MORTWGEE, snd tomado iruurance in the usual standard policy fam.in s swn approved by the MORTG/~GEE, in wch oomp~ny or aomp~anies as the MORTG/1GEE may ~rect; snd ail Hre snd tornado i~uuranoe policies on any of said buildings. sny interest therein o? part thereof. in the ' agg?egste wm aforossid or in exoess the~eof, shall oontain ths usual standard mortgagee elause o? wch otF~er tlause ss the Mortgsgee m~y require. making ths loss under said polki~..each andevery . psysble to said MORTGAGEE ss its interest msy appesr. snd each snd every such policy shail be P~PdY migned and delivered to snd held by said MORTG/1GEE ss furtF~ security to said mat~age debt. and. not less tlnn ten (10) days in sdvsnce of the expintion of esch polky. to delive? to said MORTGAGEE s renewal theroof. to~ether with s recaipt fw the premium of wch renewal; snd thene shsll be no Hre or tomsdo inwrance placed on any of said buildings. any lnterest themin a psrt M~ereof~ unlas in the form and with the bu psysbk u aforesaid; and in tfie w~nt any swn of money beoornes paysbk vder wch FFIRC-251-1M-6-67-M ~ ~~H~ _ _ _ _ _ ~y~ .~.k~~___t~ ...._~____.~a_r~ . »~.e.~~