HomeMy WebLinkAbout0736 _ _ ~J~7J~
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THIS INOENTURE. Madt th~ O~t? of . July . . . . . _ A 19 70 . b~tv~~
MARVIN.G.. COMBS.and,MARTHA LOUENE. COMBS, !N~ . s-: ~~c~ . _
. ; ~ ~ ~ •
oi ~s .~.+L~(~r~E'i.- - Cow+tp. Flaid~. MhinaftK d~tana»d a tl» '•MORTGAGOR~•• and FIRST FEOER/LL SAVINGS /1ND
t,p/1N ASSOCIATION OF INOIMI RIVER COUNTY, acapa aN~on a~ani:d and ~xistiey urdK th~ 4ws of tl» Unit~d Stata of M+e.iu
and Frviey, i1s printipal plat~ of buskwas 1n tl» City of Vtro Bwth. Indian RivK County. Florid~. h~reinalter desi~nai~d a~ ~M "MORTCAGEE"
t1~ ~1~.(.'._ ~ j 1~+~d t1+~ MORTWGEE tn th~ ~ of Sevet1tee.n .'~'1~o48an~i,.. F~V.~'s..
Hui1d~ .~1
_-14~f 11N c`
s~, JW. oc~a~s. eeod .oa awfu~ mo.~ev cl rF+e unlted sqtos .d~n~c.d b~? M+.
NIqtTC/1GEE unro th~ MORTGAGOR. a~vidK+ced by • aKtaln p.aniswry note of rven d~t~ Mrawith, of which the folbwin~ In wwds
and N~u~a is a trw oaPY. to-wit:
_ .~.Zi SO~..~__ . ^ Na 1~~
~ VKO Bexh. Flaid~. -luiy_ 29~.._ . - 19 .7~
For vahu recNwd 1 or w..joi~tly w sewnlly promist fo pay ro FIRST FE~ERAL S/WINGS MI~ LOAN ASSOCIATION OF INDIMI
RIVER COUNTY. tM uxn of S 17s-s~[_Y:-~L1~ ~t its office in Vero Be~ch, Fbrids, with interest st tM rate of ..~..5
DK ant p~ anrwm. in th~ fdlowi~ mw~?:
=~1_ upon NN flrst of eath a~d wsry month hersatter untii the ftiil principal s~m, with interest, hss been psid; said
monN,ly aynNnes sha11 be a~Ged f~Rt w ~h. p~ymanr of i~te~ on t1+~ unpaid balsnce, snd then to the payment of principal.
Thk not~ ts nKatiabl~ u~d if defsuh ir~ payrt~ee~t oocurs. rnay be plxed in the F+ands of an attaney at law for colkction, in which
w~+t 1 w w. a~ree ro wy rF+e costs of collecrion. includi~s a rosso~abk attorney's fee, and erth of us, wl+ether make., gusnntor or endoner, -
hereby severaliy waiws deer?~nd. ~ot~ce of non-oavment a~d protest of this note.
~s~Marvin G. Combs
- - - ~
- --~s1Martha Louene Combs _ck,u ~
In tl+e want any paynNnt is not rnsds prior to the 20th d~y of the month whee? due, tf~en this ~wte sh~li bear interost at the ate of
~~i ftom the dsM any suth payment betame dus and throuahout the period of su[h delinquenty.
S Sbte stsmps Wid snd tancelkd on oritinsi of thts note in the smaint of = i~6..Z~.- • -
p~pW. THEREFpRE, tM MpRTC/1GOR iw tM purpose of securin~ the psyment of the s~id sum of =_~Zs ~SQUa~ snd tM
~formsr~ of the covenants ~nd s~reements F~einaft~? axpress~d. and fw divers sood and vsiwbk tonsid~rations. bY ti~ese P~+ts. doa
~rsnt. banain. sell. ranise. ?alsase, oa+val? and cor+fimn unto the MORTGAGEE its wocesson snd sssi~ns. all that csrtsin iot. piece or psrcel of -
a ;
land. sitwte. lyi~ and bein~ in tht Cou~+ty of I-•LI.~~E~--•------,-•--- snd Stst~ of Florids. desc~ibed ss folbws: s
The East 250 feet of Lot 43, MARAVILLA SUBDIVISION, according
to the plat thereof as recorded in the office of the Clerk of the Circuit
Court of St. Lucie County, Florida, in Plat Book 7, page 31.
~o o° n~ r~:~~r oF T~ ;
pUE 0!! ClASS 'C INtAt~;IBIE PE~GMAL PROPER'1Y~ ~
pt;~S;,A~ST TO GIAPi_R ?312~. AiCTS OF 1941. -
~CG`R POrFRS, aerk ISrcui Coart .
as A~:t fat CAt31~1 N. KI~OWtES~ fR. ~ i~ur~rrr wws vaEr~o
. St tucie Cou:.t~ Tu Coakcmr e~? MICHAEL.O'HAIRE
s~irn, F+Ew~r+. sM~n+ a o~w~
~ B) ' a.a eox sis
DEP11ilf CI.EAx vao eEwcH, wowa? 3~0
.?6 ~~S -
ro~ether with all and sir?Qubr the te~+ts, heraditam~nri snd spp~utee+ances thenunw belongin~ or in anywise appe~tainins ti+ereto. aed
ali rents, isuus. protetds and profits accruin~ and to accrw frorn said premises, all of whith are inci~ded in -the sbove and fore`arK ds-
striptiar+ and F~bendurR
TO HAVE M1D TO HOLD the sbove dacribod and `rsnted promises unw the said MORTGAGEE. its waeswrs srd sui~ns forever.
I Md tht saW MORTGAiGOR for.~~r~_heirs, exewtas. admioistratoa ~nd assis~. hereby oovcnants with ths ssid MORTG/?GEE. its woces-
' sors snd usi~?S, tt„~__ they_are-_-----____~,,,~,,,y, xi:ed of the said pr~mises in fee simpk; thst tM ssme sre free. ciesr snd dis-
~ ct+sr~ed from sll (is~s and er+c~xnbrantes in law or in squity. and tt+st •t~'1 will and -.~~r=--- - hein shsll wa?nnt and
defend the titk to the•same to the said MORTCAGEE. its waessors and suiQ.u.~ sgalrut the lawful cbims and dsinards of sil persans;
PItOVIOED. ALW/~1YS N+~t if the MORTC,l1~GOR shsll pay unto the MORTGACEE the promissory non hereinbefor~ described. atd
shall truy. PronptM and fulh Pafon+n. dixh~rp. a~oea+te. aanPlste. tomph virith srd abide by esch and every the stipubtions, s~reernents.
cond;tions and oovenar+ts of said promissory note srd of this Mort~age, then this Mort~age and the Estate hereby created shall cease snd be
null snd vaiA
IT IS UNOERSTOOD that tF+e word "MatQagor" whether in tFvs singular a plunl anyvrhere in thia Mo~tQa`e, sfiall be sln~ular if one
only and shill be plunl jointly and severally if more than one. snd thst tF+t wwd "Their" as used anywl?ere in this MwtQaQe shall be taken
to mean ••Ms,•• .•her,•• w••its." wherever the co~text so. implies or admits. Also. thst wherever there is a refere~ce in the cove~+ants and
sgreements herein cantslnod to s~y of the parties hareb, tF+e ssme sh~ll be ta+strued to mea~ as well as the F+eirs, le~al representstives, sut-
cessors and sssigns (either voluntary by act of the parties w involuntary by operation of the Isw) ot the ssme and that the covenants herein 4
cvntsined shall bind and the benefits and advsnts~es inure to the respettive heirs. 1ega1 representstivts, wttessas and assigns of the- ~
partiet herefo.
Md said Matp~ors. fo? tF+emseives and tFieir heirs. te~al representatives. succaso.s and assigns. hereby jointly and severally cavenant
and asae to snd with the said MORTGAGEE, in suaessas and sui~r?s:
~ 1. To psy sll and sin~ubr the p.incipal snd interest and the various ud wndry xxns of mawy paYabk by virtue of said promissory
note, and this mort6ate. e~sth and everY Pr~Pi~Y ~~Ys ~~P«+ively the ssme sever~lly becon~ due.
2 To psy all a~d sir~ulsr the tsxes. sssesvr~ents, bvies. iisblliN~s. abNptions ard ~mbnr~ of ewry natw~ a~d kind now on
said described P?opertY. or thst F+er~ha may be impased. wffered. P~sced. iavied, or assessed tFx~eon w that hereatter may be levi~d a
assessed upor~ this Mortga~e, or th~ indebtedness setured hereby. eath and every. when due a~d paysbl~ sccwdir?~ to law, before they bt-
come delinquent, sr~d before any inte~est sttscl+es o~ sny penalty is incwred; snd i~sofsr ss ury tF~eof is of .eco.d the ssme shall be promptly
satisfied and dixhsr~ed of record srd the wi`inal officui Aocurr~it (wch u. fo? i~stance, the tax ~eceipt a the sstisfxtion paper officially
endorsed or tertifietfl shsll be plsccd in tF+s hands of said MORTGACEE within ten days next after payment; and in the event tF+st amr thereo(
is not p~id, satisfied and dscha?~ed. said MORTGAGEE may ot sny time pay the same o? any part thereof without wafving or sffecMn~ sny
option, Iien. equitr. w ri~ht unda. or by virtue of thls Mort~s~e, and ths full a~r~ount of esch ud every such p~yment shsll be irrrr+ediarely
due snd psysb{e and shall bear interest hom M+e date thereof until paid at the rate of t~un per arxxxn and toqtht~
with such interest shsll be sewred by ths tien of this mortpp. @ Olle' 1
3. To pl~ce and continuously kep an ti+e buildie+~s now or heresker sltuated on said Isnd and on all equipment ana perso.+atty cov-
ered by this nwrt~Qe. with sll pemiums thereon psid in full, Hro . i~wrsnce in the uwal standsrd polity form, in s wm spproved by the
MORTG/1GEE, ~nd tornsdo inwrance in N+e usual stard~?d polk~r forr~.in a wm sp~p~w?~d by the MORTGAGEE, in wch campany w compsnies
u tht MORTGAGEE msy t~r~ect; snd all fin and tornsdo inwrar~ politias on any of ssid buiidirtss, any inter~st therein or part therwf, in the
sare=~n wm_sforessid or fn exoas tF+ereef, shsll contain the uwsl stand+?d mortp Sse clause or wch other clsuse ss th~ Matpiea m~y
rsquirt. mski~ tht lo~ ~s~des saW D~itNS. esth and~v~t~.ps~a~1~ to said MORTGAGEE ss its inte~est may ~ppear. and esth snd ~+rM?
wch policy sh~ll b~ piwriptlp sssi~nd and dsNver~d to and held b~r ssid MORTGI~GEE n fu?ths? security ro said mat~s debt. ~ and. not
Ie~ H+~+ ten (10) dsys in sdvance of the expintian of each polky. to delivK w saW MORTG/~GEE s.enewal thenoE, w~ethar with a nec~ipt
fo~ tfie p.enNum of wd+ •enew~l; and ~l~en shall be no Nn or tomsdo lnwnnce placed on any of sald build~ngs. +nY interat tMrein o?
p~rt tMnwf. unfiss M th~ form and with tM loss pprabb u i~w~sild: and in tM ~va~t any sunn of n+a+tp b~oonMS payabb ur~r wch
~sr~o-ss~-sOe-f-sf-w -
' ~~K186 ~ .735
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