HomeMy WebLinkAbout0668 a.~.
THIS INDENTURE. M~. in~._.__?3th a„ ,f-----~une ~.=:---4-•-x---*~-,.---- a 1969 ~ betw~ee~
._.FLORENCE H. McCLURE:_..a_sing_le_person,__. ~ ? ti~~-~ ~L~
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of I.,UC1C Ca~nty. Floridi. hemtnaher dai~naced as ths MORTGI~GOR. ~ snd FIRST FEDEFNL SIWINGS /WD 1
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LOMI /1SSOCI/1TION OF INDIMI RIVER COUNTY. s corpontion orQs~ised ar+d existint ~x~der tM laws of tht Unittd States of M~e~ka ~
and having its Wlr+tip~l pl~?ct of business in ths Gry of Vero Beath, Indian River County. Floridt. hereinafte~ desiQnated ss tha "MORTG/1GEE" F
Hund~~"I8~" ~ ~ t~~ ~RTCNGEE r~ ~?,e of Nineteen Thousand,._ Five . ;
-i -~`fJ~!_._...) Dollars. Qood snd Iswful mw~ey of tF+e United Ststes advsnFed by the 1
MORTGAGEE unw th~ MORTGJICAR, as widenced by s certaln p~wniuory ~ote of even daro he~ewith. of which the followine tn wwds ,
and fl~tres is a trua topy. to-wit: 1~62'7 ~
s 19,_ 500,_00,_ '
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v~ ee~. ~b.,a~. -_.Lu_~' ~ . ~9 69_
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For valus receiv~ed ! or w~e joioty a severally promise to psy to FIRST FEDEtt/1l S/1VING5 M1D LOAN /1550C1/1TION OF INDIMI
RIVER COUNIY. the wm of s19, 5~. at ih oHica in Vero Bexh, Florida, with interat at the ?ate ot _7• 5
per oent per uxwm, in the foliowin~ manner: .
s~s[SL_-- upo~ the flrs! of eath snd every mwith hereafter until the full principa) swn, with interest, has been psid; said
monthly paymer~ts shall be applied fi?st to tha payment of interest on the unpsid bslante. snd then to the psyment of principai.
This note is negotiabk snd if default in payn+e~t oocvrs, may be placed in the hands of an attort~ey af law tor colkction, tn which
event 1 w w~e agree to pay the costs of oollection. lncluding s roasonable attorney's fee, and e~sch of us, whether make?, guarantor or endoner,
hereby severally wsives danand, noYice of non-oavmat?t and protest of this note.
/s/Florence H. McClure _ ~~~n
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In tM event any payment is not made prior to the 20th day of the monM when due, tfien this note shall bear intrrest at the ?ate of 1
8.496 from the date any such payment became due snd throughout the pe~iod of wch detinquency. }
State stany~s paid and cantelled on origir~l of this note in ihe amount of s~~~v~___.____ .
NOW. THEREFORE, the MORT(;AGpR fa the pu~pose of securing the pay+nent of the said wm of = 19~.5~.
performance of the covenants and agreernenK hereinahe? expressed~ and for ~vers good and vatwbie considerations, by these presents, does
grant. bargain. seU. remise, rele~se. tonvey and oonfirm unto the MORTGAGEE its wctes.w~s and sssigns. all tMt aertain bt. pieoe or paroel of
land. situate. tyinq snd being in the Cax~ry of St. LuCle ard State of Florida. dest~ibed as folbws:
The North 320 feet of the W est 1/ 4 of the N E 1/4 of the SE 1/4 of
Section 18, Township 35 South, Range 40 East, LESS roads and
. Highways, St. Lucie County, Florida.
IN P~1~llII~tIT ('iF TAXES
p~j~
p~j~ ~l/1SS 'C INTi1t1GIBLE •PER9QNAL PRQPERiY.
To c~u~R ~72~+ ~S ~ 1~1. THIS !NSTRUMENT WAS Pf2EPHRtD 6Y
Rp~-R pp~T{;p$, C~erk Circuit Court CHARLES E. SMITH
,s Agect bt DANiEt N. Kt~10WLESr ~R. SMITH, HEATH, SMI1N, & 0'HAIRE
2205 -14 h AVE. VER
BEACH FIA. 32~364
~ p~mc a~c
together with sll and singular the tenements. hereditaments and sppurtenances thereunto belongi~g or in snywise appertaining thereto, and
all rents, issucs~ Proceeds snd profits attruing and to attrue from said premises. all of which are inclcdcd in the above ar~d /wegoing de-
stription and habe~nd~un.
TO HAVE M1D TO HOLD the above destribed and granted premises unto the said MORTGAGEE~ its waessors and sssigns fwever.
Md the said MORTGACAR for_.her~_heirs, executors, adrninistrators and assigns. hereby oovenants with the said MORTGAGEE. its wcces-
Bns, that~~^---------- lawfu! seized of the said
~ a~ ~ she is ~y f~ ~~pk; that the same are free, clear snd dis-
charged from all liens and enoumbrances in taw or in equity. ~,a ~,r she _ her _~;n ~yll warrant and
defend the tiNe ro the ssme to the said MORTG/1GEE, its s~sors a~d auigns, forever agsinst the lawful tlaims and derrwnds of all persaris:
PROVI~ED. /1LWAYS tFyt if the MORTGl1C'AR shall psy unto the MORTG/1C,EE the promiss«y rwte hereinbefore described. and
shall truly. promptly and fulh perforrn. distharge, execute, tomplete. tanpty with and abide by each and every the stipulstions„ agreemennts,
conditions and covenants of said promissory note anct of ttis Mort~age, then this Mortgage and the Estate hereby created sh~ll cease and be
null and voirl
tl' IS UtIQERST00~ that the word "Mortgagor" whether in ttr. singular or plursl x~ywhere in this Mortgage, shall be sin~ubr if one
only and shatl be plu~al jointly and severally if more than one, and that the word "Their" as used anywfiere in this Mortg~age shall be taken
to mea~ "his," "her." o? "its,'• wherever the conteut so irnplia w admits. Also, that whe~ever there is a reference in the oovenanfs and
agreements herein contained b any of the parties hereto, the same shsll be cautrued ta mean as well u the hein~ leQal representatives, sut-
cessars and assigns (either voluntary by xt of the parties or inwluntary by operatiori of the law) ot the same and tF?at the tovenanK herein
contained shall bind and tha benefits a~d advantages inure to the respec~ive heirs. lega! represe~ntatives~ sutcessors and assi~ns of y~e
partie5 heret0.
Md said Mortgagoa, for themselves and their heirs. legal representatives, suaesso~s and assigr~s, hereby jointly and severafly cove~ant
and agree to and with the said MORTGAGEE, its successors and a~i~ns:
1. To pay all and singufar the principal and interest and the vsrlaus snd sw~dry wrris of nwney payabk by virtue of said promissory
note. snd tfiis mortia8e. each and every PramPtly on the days respectively the same severally betome due.
2. To pay alt and stngutar the axes. asseas~++«+ts, Iw~.c. liabllitia+. ebli~artons ~+~d inasnbrances of erary rotwe and kind now on
said destribed property~ or that hereafter may be imposed, wffe.ed. Placed, levied. or assesscd thereon or that hereahcr may be levied or
assessed upon this Mortgage, w the indebtedness secured hereby, esch and every~ when due and payabk accwdin~ to taw. before they be-
come delinquent. and before any interest ~ttxhes or any penalty is incurred; and iraofar as any thereof is of retord the same shall be prwnptly
satisfied and discha?~ed of record snd tF+e originsl official document (wch u, for instance, the tax receipt or the satisfsction paper officislFy
endorsed or certifiedl shalt be placed in the hands of said MORTC/?GEE within ten days next after payrnent; and in the event that any thereof
is not psid, sstisfied and disthsrged. said MORTGAGEE msy at any time pay the sarr~e or any part thereof without waiving w sffetting sny
option. lien. tquity. a right under or by virtue of this Mort~a~e. and the full amount of each snd every wch psyment shslt be imrnediately
due ud payabk and sha!! besr inte.est from the date thereof until p~id st the rate of ~~Q~ p~ snnum and toQether
with such interest shsll b~ secured b~r the lien of this mort~s`e, seven OD~ ~IAlI
3. To plsce and conti~uously keep on the buildir~s now of heresfter attwted on said tsnd and on all equiprr?mt srxt personatty cov
ered by this morlgaSe. with all premiums thereon paid in full, Hre inwrante in the uswl standard pol:cy form. in s wm apprwed by the a
MORTGAGEE. and tornado insuraece in the uswl stand~rd DolicY fwn~.in a wm spproved by the MORTCAGEE, in uxh oornp~ny or tompanies [
as tt+e MORTG/IGEE m~y ~rect; and alt iire and tornsdo i~uu~ar+e~ poHties pi any of said buildinQs, any interest therein o~ p~art thereof. in the ~
s~greQate wm sforessid or in ex~ceu tFxraof. sFyll contsM th~ uawl stsndard mortga~ee clause or wch other clause as the Mwtpge~ msy
requi?e. makin` the lou under said polities. esth ud every. WYabk to said MORTGAGEE ss its inte?est msy sppear, and eath and a~wery ?
wch policy shall be D?anDth +ssip'bd and delivered ro and Mld by said MORTGAGEE ss furrher sewrity to said mo.t~sge debt, srd. not i
kss M~an ten (10) days in sdvance of the e~iation of each polky. ro deliver to said MpRTCJ~GEE s r~ewal MKreof~ to`ett+e~ with a recNpt `
for the premivn of wth renewat; snd tl~e si~alt be no firo a tomado ins~uance pticed on any of said •bui{aings. sny interest there~n or ~
part theroof, unl~ in tht fam and with the lass Wribb as afor~ld• snd i~ tM went amr wn? of ma~ep b~ooRNS WYabN under suc~fi
FFIRC--2S1-250-3-69-M • R
~ooic178 ~ 61~?
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