HomeMy WebLinkAbout1126 ~ - .
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. 1'76038 ~ . ~ .
TMis ir~uErrrur~. M.d. ,~__24th_ o.r March ~9.69 , ~w..~+
_~U.~t_1~UR1 INC.~,_a Florida_corporation____
of._~ Ii~1i~n..~iver.- co~++~?. F~a.. h.r.+~.n.. d.~M~a ~~d FIRST FEOERAL SAVINGS M10
LO/W /1SSOCIATION OF~INDIMI RIVER OOUNTY. s capoatian o?pnisid a~stin~ [~iwt of th~ Unit~d Stata oi M+~k~
~nd havir~ its prinNpal plao~ of busi~ess in th~ Gty of Vero 8s~th. indtsn Wwr County. FIorW~. lhr datp+~ted as ths "MORTG/~GEE••
~~tEws ~TC.~c~ore ~ j~a ~ a t MORTGIICEE in o~ Fift
r~-
.~vo Thousand and
_llllt - - - - - - - - - - ~ (i_~~~-J Dol lars. ~ood snd lawiul mawy of th~ United St~t~s ~drw~osd by th~
MOR~~E unto th~ MORTCtN00R. a~vicl~+ad b'!~ a outsM promisso~y not~ of even dat~ MnwiN~. of wMch tM loliowi~ In wads
eN?.. m,. o~?, eo-~r. ~.OS'~3
52 000. 00 ,,b, ~
s ' March 24, ____-~b9
V~o Beach. Florid~. 19_____
Fa value roceived t or vw jointly or stvenlly pranise to pay to FIRST FEDER/U. SIIVINGS /WD LOMI I~S.SOCI/?TION OF INDIMI
RIVER COUNTY. the sum of S-.~a-vuu.~----------- at Its aHio~ in Vero Be~ct~ Flo~. with Int~rat st tM rate of~_Zi~~_
per ant par +nnun+. ~n ths fotlowin~ mir+rwr:
=_440. ~ipon the ftrst of ead+ a~d evsry month henafte? unHl th~ iull principal s~sn. wlth ~nt~nst. h~s b~a+ D~Id: said
monthy payrnonts shsll be applied Hrst to the psyme~t of interast on tht unWid balar~. and tMn b tht psynNnt of princiWl.
This note is negotisbk and if defsuk in payment oaurs, may be Pboec! in ths hse~ds of an attorney at law for o~lbction, in whkh
evant I or ws s~res to pay the costs of collecNon. includine a rossonabb attorney's ard a~d~ o' ~~s. ~m~ker. ~uaanta or ~ndorser~
heroby sevenlly waives dsmsnd. notioe of non-wvn+ent snd protest of this note. ~R Hj(]~, ~~rt+. m k
s~?_ --~slxo~?c c. _M!~rPh~! _ ~~_cs..o
(Notary Public) Attest~~s~
eor._ge E. Murray_ ~,Q
In the event sny payn~+t is not mads prior to ths 20th d~y of the nwnth wl~isn due. the~+ Mds note sFull b~sr intenst at the rat~ of
8.4~i frwe tht dste any sud~ payrr~ant beame due and throughout the psriod of wch delinqusncy.
StaM stamps p~id snd canosikd on ori~inal of this note in the amamt of s 78•
NOW. THEREFORE, ths MORTGNGOR for ths purpoae of ssauin` ths payme~t of ths said sun of s SZs OOO. OO
perfonn~no~ of ths oov~n~nts snd sBnen~+ts henin~fter e~W~d. and for divsrs ~ood ud vsiusbk aonsideratMro. bY tl~sss Presents: does
grant. bsraain~ sell. rerrdse. reb~sse. oo~+veY and aonfimn unto ths MORTC/?GEE its suooessoa and assi~ns, sil th~t cartain lof, pi~os or psral of
land. sitwte. IyinB and bein~ in th~ Camty of ~~i~~iv.:i srd Sbte of Florida. daaibsd as foilows:
Lots 17, 18, 19, 20 and 21, Block 4, TUCKER TERRACE, according -
to the Plat thereof as recorded in the office of the Clerk of Circuit
Court of St. Lucie County, Florida, in Plat Book 4, page 54.
1'OGETHER WITH all of the furniture, furnishings, fixtures, appliances
~ and equipment now in the buildings located on the above described property,
and which may hereafter be placed in the buildings located on said property,
while any sum due remaina unpaid hereunder.
?his is a aecond oortgage on the above described
Lot~ 17,18 6 19, Blk~4, 1'ucker Terrace, aAd is THIS INSTRUME~vT WAS PREP~~ BY
~ sub jact to a prior sortgage for $20,150.00, dsted GEORGE HEATH
Novavber 5, 1963, execut~d by Hoyt C. l~uxphy aad ~~jH~ NtpTN, ~Yi11H~ & 0'HA~RE
Dorothy B. t~furphy to Firat Federal Savinga 6 Loan . ATfunN~YS AT ~AW
~ Associatioa of Iadian Rivar County, and by agreaaent 14 ~ ~RO BEACH fLA. 329~
; an ~co~q t~itu rai i' atb ien
o~st ges are mer ~e or ~ recorded 0. . , g , St. Lucie Oo:
~ ta~e~l~er vin~ alf~sir~u~r ~ht te~ts, ~~b=aR~rtappTitt'ena
oe~s ther~w belonging or inR
.aryw se apps~aWn~ tFisnto. and
k sll rents, issws. prooeeds snd proHts aocn~ and to sarut iran said pro~ni~. sll of which am inck~dsd in the sbov~ and ~oro~oie~ d~-
~ , suiption and habandum.
Tb HAVE M1D TO HOLD th~ sbow described arsd grsnted pnmises unto tM ssid MORTGAGEE. its woces~ors ud as~igns farwr.
SUCCP.SSOIB
Md the said MORTWiGOR fa i~ ~zea~tors, adrrdnistrators snd usiQns. hereby oorenants with the ssid MORTGJIGEE. its wooss-
sas snd assig~s, thst ~t ~lawfully siezed of the said prernises in fce stmp{e; thst the same aro fros, cla~sr ~rd dis-
successors
charged irom all I'~ns snd entwr~snces in law or in equity. and that_____l~. will and ~t8~ Y~~ sh~ll vwrraM snd
defend the title to the same to the said MORTGAGEE, its wooessors and assigns. torever aQainst the lawful claims ~nd demards of ail Persont:
PROVIDED. ALWAYS that if the MORTG/1GOR shsll psy ~to the MORTGAGEE the promissory note hereinbsfae desuibed, snd
cadit
o~~ar~oove w?ts ofhsal~ ssory no~te~ sn~e~ttds~~sgs.
t~1~en this Mort~age a
d the ~ herobY ueat~ed sty~ll~cesse~ and be
null and voirl -
IT IS UNDERSTOOD that the word "Mortgagor" wfietF~ fn the singular or plun) anyvrhere in this Mortgsge, shdl be singulsr if o~s
on(y and ~shall~ be pfural jointly and severally if nwre than ane. and that the word 'Their" as used anywtiere in this Mortgage shall bs taksn
ro mean his. her, or ~ts, wherever the oontext so implies or admits. /~?Iso. that wherever there is s reference in the oarenants u+d
agreerr~ents herein contained to arry of the parties hereto, the same shall be construed to rriean ss well ss the heirs. legal rep?esentatives. suc
cessors and aszigns (eitF~ wluntary by act of the parties a involunta ry by opentio~ of the bw) of the same ard that the oevensnts hardn
oontained shall bind and ths bernfits and advantages i~ure to the respective heirs. legal representatives„ wocessors and auigns of ths
pa?ties herero. -
Md said Mort~s~ors. fo? tFiemsei~ ard their hsirs. le~al rapresentatives, wccessors ard auiW~s. F~eb~? jointly and sevealy oo+ronant
and s~ree ro snd with ths ssid MORTG/1GEE, its wocessors snd sssi~{ns:
1. To psy all snd sinQular the prirxipal and iMe~t and the various snd sundry su~r~s of nwnel? WYabk bY virtue of ssid promissory
nots, and tNs mortgaie. asd+ and everY D~~+V~~Y ~~~ri ~~Y the same sevenly bcaans dus.
~ 2 To ps~r all snd sinQulu th~ tsxes. assessmants, levi~s. Hsbilities„ oWi~stiaRS and inwmb?anc~s of e~wry n~tur~ and kind raw on
~ ssid desaibed property. or th~t hererftar may b~ imposed. suffersd. Pl~ced. levied. or usessed thenon or tMt hereah~ nry be~ levied or
sssessed upon this MortHs~e. or the indebtedness seau~d hereby. esch and every. when due and psyabls aooordi~g to Isw, before tF~sy be-
c«ne delinquent. snd befert any ~terost attacl~es or ~rry per~lty is inaxred; and iroohr u sny thereof is of raoord the same si~sll be pomptly
satisfi~d and fiischarged of reoord and the ori~insl ofAcb{ docvnent (such ss, for instance, the tsx retelpt o? the astisfattion psps~ offitislty
endorsed or certifiedl ahsll be plsced in th~ Fw+ds of ssld INORTG/bGEE within ten days next after p~yrt~ent: and in ths e~rt~t thtt x~? tl~eof
is ~ot psid. sstisfied and dischsr~ed, s~id MORTGIIGEE msY at sny time psy the same or arry put tF~aroof without wsiving or affetHn6 ~+Y
option. lien. equlty. or H~t under o? b~t drh~ of this Mort~s~e. and the full a~r~o~r~t of esch and wtfi p~anent shsll be ie~er~sdlately
due snd payabk snd shall bes~ intanst f?an tht dat~ tFwrwf until paW st the nte SeVell O G'~
with sixh interest shall bt tawr~d by the li~n af tNs nart~s~e.
3. To place srd oonti~x~ously keep on th~ buiWin~~ow or hereaher situated on sald bnd snd on all equiDment +nd PQ«MY
ered by this mortgsge. with sll p?emiums tirnon paid in tull, Nro inwn~oe in the usual standard policy torrn, in s wm apprawsd by the
tNOaTCr~c~. ~ t«~do ~,.,~+o. r~ rt~. ~i m~,a.~d ooi+c~r fio~,,in a wm sppro~red by the MORTG/?CEE, in wd+ oompr~y or aompa~Ms
as th~ MORTCII~GEE m~y direet: ard all firr and tornsdo ir~sunno~ Ddides on any of said buildirt~s, any iMerest tF~arein o? part tfie~of. in the
aggrepte wm aforesald or in ooosss thereof, shsll aontsin the ususl stsndard mort~sgee clsuse a wch other clwse ss th~ MatWtN msY
~equir~. makir~ ths lon urdM s~id polkies. e~ci~ snd~ve~y. payable to ssid MORTGAGEE u its intKest may app~r~ and e~h and ~y
wch VolicY shsll be promptly assipwd snd deNv~~d 10 ~nd held b~r ssid MORTGACEE as furtl~e? s~axity to said mort~sgt d~bt~ and. not
las tFyn ten t10) days ln advana of the e~iation of ~ad+ PdkY. to deliver to s~id MORTGIIGEE • rsnewsl tF~?~of. toptl»r wtth s noMpt
for the pnemium of wch rK~l; snd thKe sFall bs no firo or twwdo inwruKe plsoad on any of sa(d buildr~. anY inrsrest tiwnein a
part thereof. unless in th~ Iorm ~nd with the loss psysbk as afonssld: ~nd in the ev~t any wm of mor~ey beoortbs p~yabls und~r wd~
FFIRC.-251-1M-10~63-M 6~~~ ;r
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