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Home My WebLink About0220 i ~ a' ,~4'`~ ~.922F~E~ . . _ , ~ Hi R tr,~ 14th a of April . o. ~9 cWee : Hoyt G~. ~'~~p~li~+ ~Inc~~orofhy-~~-NTurphy, '~is wi~fe; Ellis 1VIcTCissick~ and-~Elsie . MC~iss~ck, . his~-w-if~; -A~€r~d Pilc~tto and Diva -Filot~o~ -~s ~v~fe-and ~ante J:-~ ~,uongo a-nd~-Nlar-}~--vwonge,-- wi~e of St. Lucie___ ~a,~ry, Florids, hereinafter desig~ated as the "MORTG/1GOR," ar?d FIRST FEDER/U. SAVINGS /1ND LO/1N /~SSOCIATION OF INDIAN RIVER COUNI'Y, s corporation orga~i:ed and ezisting under the laws of the United Srates of Amerip and having its principal plate of business in the C+ty of Vero Beath, Indian Rive? County. Florida, hereinalte~ desig~aled as the "MORTGAGEE." ~/H M Q GOR is just~y ~~~,~p MORTGAGEE i~ the sum of4ne Hundred _Fifty-Four ~'t10USa11~~~091~ ----(s 1_~, W11~ W_.__) Dollars, good and lawful money of the United States advanced by tMt ~ MORTCP?GEE unto the MORTG/1GOR, as evidenced by a ce?tain promissory nute of eve~ date herewith, of which the followin~ in wo~cis and figures is a t?ue copy. tawit: t f)`~ . s l 54, OQ4. OU No. Vero Beach, Florida, April 14, - - . - . _ . 19 7- - For vatua received 1 or we jointly or severally promise to pay to FIRST FEDERAL SAVINGS AND LOAN ASSOCI/1TION OF INDIAN RIVER COUNTY, the sum of :1~s at its office in Vero Beach, Fbrida, with interest at the rate of 7-._~S . per tent per annum. in the followinQ manner. - s_i 264. 27. upon the first of each and every month hereaher until the full principal sum, with interest, h~is been paid; said monthly pa,yments shall be applied first to the payment of interest on the unpaid bala~ce, and then to the payment of principal. This note is negotiable and if default in payment octurs, may be placed in the hands of an attomey at law for collettion, in which event 1 0~ we agree to pay the tosts of collection, intluding a reasonable atto?ney's fee, and each of us, wF+ether maker, guarantor or e~dorser, r sever ly 'ves mand, notice of non-uavment and protest of this ~ppt . 1~Y .~llOrtO I i - - - - . ..csean ~%Dorot~y Mur~~~ ~ . . ~~ii ~~iongt~~-------- - - - /s/ l~.s s1C - ~~/M~~o-------------- - --cseau /s/~~sie L. ~c~ssic~c In tF+e event any payment is not madQ priw to the 20th day of the month when due, then this note shall bear interest at tF+e rete of 1~7i9G from the date any such payment became due and throughout the period of such delinQuency. 8. 75 State stamps paid and wncelled on original of this note in the amount of S~-~3~• . NOW, THEREFORE, the MORTGACAR fo? the pu~pose of securing the payment of tF+e said wm of S 154, ~~._~0____ and the performante of fhe tovenanfs and agreements hereinaher expressed, and fo~ dive?s good and valuable considerations, by these presents, does grant. bargain. sell, remise. release, convey and confirm unto the MORTGAGEE its wccessors and assigns, all that certain bt. piece or pa~tel of ( . St. Lucie ~ land. s~tuate, lying and being in the- Cou~y of and State of F~wida. described as follows: O • See Legal Description attached. ~•~D8 " iN P~~~r b~ Yj~ D'JE ON CIASS 'C INTANGtBLE PERSONAI. PROPERIY. t PURS!lAIYT i0 CHAPTER 20724, ACTS CF 1941. THIS IS A PURCHASE MONEY MORTGAGE. ROGER POITRIIS, Gerk Circuit Court as Agent fot DANIEL N. KNOMRES~ 1R SL WdC Cpupi~ Tax Collectot - gy 1~ ~c~~~-Gr~"~.6- - ~ D~tn c~wc THIS INSTRUMEN7 WAS PREPARED BY GEORGE HEATH sr~irH. HEATH. s.Min+ a o~ruu~ P.O. BOX 518 ~ yERp BE/1iCH. FWRIDJI 32960 I~ together with all and singular the tenements, hereditaments and appurtenances thereunro belonging or in anywise appertaining therero. and ; all rents, isxues, proceeds and profits accruing and to atcrue fran said premises, all of which are included in the above a~d foregoing de- ~ scription and habendum. ~ TO HAVE AND TO HOLD the above described and granted premises unto the said MORTGAGEE. its wctesson and assigns forever. ~ And the said MORTGAGOR for _~elr_he;rs, executors, administraton and assigns, hereby covenants with the said MORTGAGEE, its succes- the are ___,aW~,,, premises in fee simple; that the same are free, clear and dis- sors and assigns, that------------ y----------- Y seized of the said tharged from all liens and entumbrances in law or in equity, ~,a *ti~ t~eY ~u and ._t~lX - heirs shall warrent and defend the title to the same to the said MORTGAGEE, iK successors and assigns, forever against the lawful claims and demands of all persons; PROVIOED, ALWAYS that if the MORTGAGOR shall pay unto the MORTG/~GEE the promissory note hereinbefwe described. and ~ shall truly. promptly and fully perform, discharge. execute, complete. comply with and abide by each and every the stiputations, agreements. conditions a~d covenants of said promiuory note and of this Mo~tgage, then this Mortgage and the Estate hereby created shall cease and be null and voirl IT IS U~IDERSTOOD that the word "Mortgagor" whether in tiw singular or ptural anywhere in this Mortgage, shail be singular if one o~ly and shall be plural jointly and severally if more than one, and that the word "Their" as used a~ywhere in this Mortgage shall be taken ! to mean "his," "her," or "its," wherever the context so implies or admits. Also, that wherever there is a refere.~ce in the tovenants and ~ agreements herein contained to any of the parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, suc- cessors and assigns teither voluntary by act of the parties or involuntary by operation of the law) of the same and that the covenants herein contain2d shall bind and the benefits ~nd advantages inure to the respective heirs, legal representat~ves, wctessors and assigns of the ~ partiCS hereto. ~ And said Mortgagors, for themselves and their heirs, legal representatives, successors and assigns, hereby joinNy and severally covenant and agree to and with the said MORTGAGEE, its successors and assigns: ~ 1. To pay all and singular the principal and interest and the various and wndry wms of money payable by virtu~ of said promissory - note, and this mortgage, each and every promptly on the days respectively the same severally become due. 2. To pay all and singular the taxes, assess?nents, levies, liabilities. obligatia» u+d incwnbrances of every nature and kind now on said described property, o~ that hereafter rrwy be imposed, wffered, placed, levied, or assessed thereon ar that hereafter may be levied or assessed upon this Mortgage, or the indebtedness secured hereby, each and every, when due and payable according to law, befo?e they be- ~ come delinquent, and before any interest attaches w any penalty is incurred; and insofar as any thereof is of record the same shall be promptly satisfied and discharged of record and the original official document (wch as, for instance, the tax reteipt or the satisfaction paper officially ~ endorsed or certified) shall tse placed in the hands of said MORTGAGEE within ten days next after payment; and in the event that any thereof ~ is rwt paid, satisfied and distharged, sai~ MORTGAGEE may at any time pay the same or any part thereof without waiving or affetting sny ~ option, lien, equity. a right under or by virtue of this Mortgage, and the full amount of cach and eve suth payment shall be immediately due and payable and shall bear interest from the date thereof until paid at the rate of ~Oland~K r eentum r annum and togettier ~ with such interest shall be secured by the lien of this mortgage. 3@V@Il LIIr~' arter~ i ~ 3. To plue and continuously keep o~ the buildings now or hereafter situated on said land and on all equipment and personalty cw- ered by this mwtgage, with all premiums thereon paid in full, fire inwrance in the usual standard policy form, in a wm approved by ~he ~ MORTGAGEE, and tomado insurante in the usual standard poliq form,in a wm approved by the MORTGAGEE, in such company or tompanies as the MORTGAGEE may dirett; and all fire and tornado insunnCe policies on any of said buildirtgs, any interest therein or pa?t thereof, in the aggregate wm aforesaid or in excess thereof, shall contain the uwal standard mortgagee ciause or such other clause as the Mwtgagee may ~ require, making the loss under said policies, each and every, payable to said MORTGAGEE as its interest may appear, and eath and every ~ such policy shall be promptly assigned and delivered to and held by said MORTGAGEE as fwther security to said mortgage debt, snd, not ~ less thsn ten (10) days in adv~nce of the expiration of each policy. to deliver fo ssid MORTGAGEE a renewal thereof, together with a reteipt for tF?e premium of wch .enewal; and there shall be no fire or tomado insu~ance placed on a~y of said build~ngs, a~y interest therein w ~ part thereof, unless in tfie form snd with the loss payabk as afwesaid; and in the event any wn? of money becomes payable under wd~ FFIRC~251-SOO-9~69-A ~ sy • ~ aooK 1~4 P~~E ~~0 ~ Y • ~ ' ~4 . _ . ~ . : ~ S I . 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