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Home My WebLink About1588 1 1115 111~~1 u111G"il~ ris~ ~ll cYal as ur . v a.va~v a:. a aa.~a aa a va vu~u~i~ i a~aua~ vaiuui a~ v a awaa a,~ 2205 14th Avenue , P, O. Box 518, Vero Beach, Florida , 32960 ~$Q095 ,THIS INDENI'l1RE. Msdt tF~~---Z~- - Osy of --:--------------`-~tl~L-------------. D. 196Q .~n~, - .~ACK__C,_..BRUNEN ancl_CARQ..L_ ~~1._.R.. .~~t.[JN_~N, _l~is _wife-- - of ~t...1..~UC1~ County, Florids, hereinsfter desi`nated u the "MORTG/1GOFt;' and FIRST FEDERAL SAVINGS AND . LOMI ASSOCIATION OF INDI/1N RIVER COUNTY. s corporation orQani:ed and existi~ unde~ the laws of the United Ststes of America ' and having its prir?cipal plate of busineu in ths City of Vero Beath. lndian Ri~rer County, Florida, hereinaher designated u the "MORTG/1GEE" E y/H g~$ ths MORTG/1GOR is justtx d~(~ ~~he MORTGAGEE in the sum of ~~~'_~ly~s ~~ue~A~~. $11C~ j~10 lllU-.-_----_------- L~,.1MJ._lll!____.a Dollars, good and Iswfut money of the lJnited Ststes advs~+ced by tht MORTGAG~E unto the MORTG/?CAR, ss evidented by a certsin pron?issory note of even date herewith, of which the folbwin~ in vwrds a~d fiQures is a true topy. to-wit: ~O~flQ VlJ~7 s ~S~ OQO~ Q4.__ - - Vero Beach. Fb.~a~. June_ 26_- - ~9 .~4_ For value received 1 or ws jointly or severally promise to pay to FIRST FE~ER/1L SAVINGS NJ~ LOMI ASSOCI/1TION OF INDIAN ~ RIVER COUNTY, the sum of S-25s_~.-~.______. ~t its office in Vero Beach, Florida, with ~~terest at the ~ate of .._..Z..7S ~ per cent per annum, i~ the followin~ muu~er. i~Q`Z~Q~---- upon the Hrst of eath and every month hereafter until the full ptincipal s~xn, with interest, F?as becn paid; said monthly payme~ts shall b~ applied ftrst ro the payment of interest on the w+p~sid balance, a~d then w the psyrnent of principal. Thit note is ne~otiabk and if defauit i~ psyment octurs. may be placed in tfie hands of an attaney at law tor cdkctian, in which event 1 or we agree to pay the coats of collection. inciu~ng a reasonable attwney's fee, and each of us, whether make~, guanntor or e.+dorser, hereby severaly waives dernand. notice of nw~-wvme~t and protest of this note. /s/~Iack_C. _Brunen------- --ckau /__sl__Carolyn_ R. Brunen_---------------- --cs~au In the event any payment is not made prior to the 20th day of the month when due, then this note shall bear interest at the rate of 8.496 from the date any auth payrnent bttame due and throughouf the period of wth delinquenty. State atamps psid and cancelled on wiginal of thts note in the amaint of S.3.~._5.Q . NOW. THEREFORE, the MORTG/~GOR for the pu~poae of seturing the payme~t of the said sum of S.~•4. QQQ~~---- snd ths performance of the tove~ants and agreements hereinafter expressed, and for divers good snd valwble considerations, by these prosents. dxs gnnt. bargain. sell. remise. release. convey and confirm unto the MORTGAGEE its wccessors and assigns, all that certain lot, piece or parcel of land. situate. IytnQ snd being in the County of St. _LUCle----•- and State of Florida. described as folbws: That part of Lot 65 1/2 of WHITE CITY SUBDIVISION, as per plat thereof recorded in Plat Book 1 at page 23 the public records of Saint L-ucie County, Flor~da, which is described as follows, to-wit: Beginning at a point on the West line of Palmetto Avenue distant 1319. 00 feet North of the South line of Section 4, Township 36 South, Range 40 East, S~ Lucie County, Florida, said point of beginning being also the Northeast corner of Lot "E'' of un- ~ recorded Plat made by Freeman H. Horton and Associates on April 24, 1963, and running thence West 202. 85 feet; thence South 30. 90 feet, more or less, to the Northeasterly bank of a canal now dug across said Lot "E"; thence Southeasterly along said North- easterly canal bank 135. 3 feet, more or less, to a point distant 110. 0 feet, measured at right angles, from the first course of this description; thence East 116. 0 feet to an iron stake on the West line of said Palmetto Avenue; thence north along same 110. 0 feet to the place of beginning, being a part of Lots "E" and "F" of said unrecorded pla~ TOGETHER with an easement over and across the canal located within said Lot 65 1/2 of WHITE CITY SUBDIVISION for ingress and egress, to the St. Lucie River, provided, however that the said grantee shall not interfere or obstruct the use of said canal by other property owners. F together with all and singular the tenements, hereditame~?ts and appurtenances thereunto belonging or in ar~ywise appertaining thereto, snd ~ all renK, issues, proteeds and profits xtruing and to stcrue frort? said premises, all of which are intluded in the above and foregang de- j scription and habendum. ~ TO HAVE JWD TO HOLD the above described s~d gnnted premises unw tt+e said MORTGAGEE, its succasors and sssiQns forever. Md the said MORTG/1GOR fo~ . Y~~r. heirs, executws, administrators and auigns, hereby covenants with the said MORTGAGEE, its succes- sors and usi~ra, that------------------_Lhey----_----lawfuly seiud of the said premises in fee simpk; that the same arc free. clear and dis• ~ tharged frcm all liens and er~cyxnbrantes in law or in equity~ s~d that ~le~f--_--- will ,~,e ----their hein shall wa~nnt snd defend the title w the same to the ssid MORTGAGEE. its wccessors a~d auigns. forrve~ against the tawful clsirru and demands ot all persons; PROVIDE~, ALW/1YS thst if the MORTGAC'AR shall pay unto the MORTGAGEE the pranissory note F+ereinbeforo desc?ibed, snd shaU truly. promptly and fully pe~form, discharge, execute, complEte. tomply with and abide by each ar+d every the stipulations, aQreements, conditions a~d covenants of said promiuory note and of this Mort`age, then this Mortgage snd the Estate hereby created shall twse snd be null snd vo/A IT IS UNDERSTOOD that the word "Mortgagw" whether in ttr_ singular or plunl anywf~ere in this Mortgage, shsll be sin~ubr if one ~ o~ly and shall be plural jointly and severally if more than one, a~d that the word "Their" as used anywhere in this MortQaQe shall be taken to mean "his; '"her," or "its,' wherever the tontext so implies or admits. /11so, that wherever there is a refererxe in the tcvenants and , agreeme~ts herein tontained to any of the parties hereto, the same shatl be construed to mean as wetl as the heia, legal represe~tatives, wc- ~ cessors and assigns (either wluntary by act of the pa~ties or involuntary by operation of the lawf of the same a~d that the coverwnts herein contained shall bind and the ben:fits and a~vantages inure to the respective heirs, legsl representat~ves, wccessors and suigns of the parties hereto. ~ /4~d said Mortgagors, for themselves and the~r heirs, legal representahves, ssxcessors and assigns, hereby joinNy and severally oovenant a~d agree to and with the said MORTGAGEE, its successoa and assi~ns: ~ 1. To pay all and si~gular the p~incipal snd interost and the various and sundry wms of moneY WYabk by virtue of said promiss~xy ~ _ note, a~d this rtwrtgage, exh and every promptly on tF+e days respect~re~Y the same sevenliy become due. ~ ' 2. To pay all snd singular the taxes. sssessments. kvies. UaSilities. obli~stions and incun+bnnces of every n~ture snd kind now oe ~ said described property, or that hereafter msy be imposed, wffered, ptsced, levied, w assessed thereo~ or that hereaher msy be levied or t ~ assessed upon this Mortgage, or the indebtedr+ess secured hereby, exh and every, when due an~ payabk according w law, before they be- ? cort~e delinquent, snd before any interest attaches o~ any penalty is incurred; and insofar u any thereof is of retord the same shsll be prornptly z satisfied and discharged of record and the oriQina! official doturtront (such as, far instante, the tax reteipt or the satisfxtion psper officially ~ endorsed or certified) shall be placed in the hands of said MORTG/1GEE within ten days next after payrnent; srd in the evmt tlvt any thereof ~ ~s not paid. satistied snd dixhsrQed, said MORTGNGEE may at sMr time pay the sams a any part thereof without waiving or affectina any ~ optior+, lien. equiry. o? right under w by virtue of this Mortga~e. snd the full amount of esch and every wch payment shsll be irtxr~ediatety due and payable and shall bear interest from the date thereof until paid at the nte of ~and per centum per annum snd toQether ~ with wch interest shall be secured by the lien of this mort~aee. seven t ee-quarters ~ 3. To place and cont~nuously keep on the buildir?Qs now or hereafter sitwted on said land a~d on sll equipment and persona~ty cov- ~ ered by this mwtgage, with alI premiums thereon paid in full, fire inwrsnte in the uwal standard poliq fwm, in s wm approved by ttw ~ MORTGAGEE, and tornado inwnr~ce in the uswl stsndsrd polity form,in s wm spproved by the MORTGAGEE, in wch company or tompanies as the MORTCJIGEE msy drect; snd all fire and tornado iruwante policies an u+y of said buiidinQs, smr interest rherein w pa.t tt+ereof, in the ~ aQgregue wm afwessid w in excess thsreof, shstl conbin the uswl stsndsrd mwtgagee clause or wch other clause ss the Mort~agce n?~y ~ requ;~e, rwkin~ the lou ~x~de~ said policies, exh snd rwry. paysbte to said MORTWGEE as its interest may appear, snd esch snd wery such policy shall be promptly sssi~ned and d~livered w snd FwW by sa~d MORTGAGEE as fu?ther security to sa~d mort~e debt, and, not leu than ten (10) dsys in sdvs~u of tM expintion of exh poticy, fo deliver w said MORTGAGEE a renewal the~eof, toQether with s receipt for the premium of such ?enewal; snd there shall be no fire w tornsdo inwnnce plateA on a~ryr ot said buildings. any interest the~ein w : pirt theroof. unkss In th~ iomn and with th~ loss paysbit as aforaaid; and in tM svent any swr? of ma~ey bscoe~es payabk undar such r~ ~ F F I RC-2S t-250-3-69-M ~ ee:, L,.- ~ ° R 178 _ 1587 ~ - - :t . ro~...~~~ ....F._