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HomeMy WebLinkAbout1383 ' ~(1:32fir~ TNIS IN~ENTURE. M,a. ~n. 6th . a,, of lanuary_ . A p. 1971 . b.~».~~ JOHN P, SVEC, a single person _ _ _ _ of $t. i--ucie Cp~~y, Fla;da, l+~N~aftK d~si~nared u tht "MORTC.AGOR," a~d FIRS7 FEOEINL SAVINGS /1ND IOAN ASSOCIAT~ON OF IND111N RIVER COUNTY, a ccrpaation o~`anissd and txistir?~ w+der t1+e laws of tM tlnitad States of America and havin~ ~ts prinapal plate of business in tla City of Vtro B~ach, Indu~ R~vK County, Flo.ida, lrereirutter dcsi~~ated u the "MORT~AGEE." WHEREAS tF+~ MORTGAGOR is iust n~~~q,~M MORTGI~GEE wm ofEighteen.Thousand and NoJ100 - - - - - - - - - - - ` ~ - - - - - - - - - - (f ~ Ut~l. l1V ) ~ot la.s. good ar+d Iawful mo~ey of the United States advar+ced by the MORTGIIGEE unro ths MORTGAGOR, ss evids~ced by s c~rtain promissory note of even date 1+erewith, oi which the folbwin~ in words snd fi~ures is a trw topy, to-wit: S 18, ODU. 00 No. 1.a,.Q~9 anuar 6, Vero Beach, Florida, _ - J . _ y-••- - - _ 19--~- Fa value ?eceived 1 or vw iantly or severally p.omise to pay to FIRST FEDERAL SAVINGS MID IOAN /1SSOCI/1TION OF INDIAN RIVER COUNIY, the sum of = 18t_~0~_~ at iri office in Vero Beach, Florids, with inte~est at the rate of 8` 5 per cent per am~xrti in ths followir?~ manner: = 146. 72 upw~ the first of each and every month hereafter until the ful) printipal sum, with inte~est, has been psid; said monthly paytnents shall be applied first to the payment of interest on the unpaid balance, and then to the payment of printipal. This ~ote is negotiabk a~d if defsult in payment occurs, may be p~aced in the hands of an attomey at law for collection, in which erent I or we agree to pay the costs of collection, includi~g a reasonable attorney's fee, and e~ch Qf us, whether maker, guarantor or er~dorser, hereby severaly waives derreand, notice of non-wvment and protest of this note. _/s/lohn_ P._ Svec------------------------- _ _ckan . ~s~------------ - ---c5eau In the event a~y payment is not made prior to the 20th day of the month when due, then this rwte shall bcar interest st t1+e rate of X~~96 from the date any such payment became due and throughout the period of wch delinquency. 9. 5 Shte stamps paid and tancelled on original of this note in the amax~t of s 27•_ . NOW, THEREFORE, the MORTGAGOR for the purpose of securing the payment of tF+e uid sum of S.18~ and the perMrmance of the tovenants and agreerne~ts hereinafte~ expressed, and for divers good and valwble co~sideraHons, by thae p~esents, does grant. bargain. sell, remise. release, convey and confi~m unto the MORTGAGEE in successors and assigns, a0 that certain lot. piete w partel of land. situate. lying and being in the Counry of _.t~~..-- 1-~1Cle'_- and State of ~lorida. describcd as folbws: ~ Lot 18, Block J, MARAVILLA ESTATES, a subdivision according to the plat thereof as recorded in the office of the Clerk of Circuit Court of St. Lucie County, Florida, in Plat Book 8, page 77. ~ ~ W Sl'A'1 r~.u~-.~:.~A ~ v ~ DCCUMFNT~~~'_~~~iA~~SP '~Ai(._ s 3G. o o ~n P~?~;F,e:~ oF T~s ~ j = JW113•~i ~ DUE ON CUISS 'C' INTAliGIBIE PE:SCP~AI ?;20?ERTY, = PU.45!.'IWT TO CF1.1Pi''R 2472~, ACiS OF 19i1. F= ~,~j = Q::~•~^ Z 7 O O. ~ V/ CONPTROIIER~+". - ROG~R POITRILS. Gerk Circuit Court P.9.~9o~se --=s ~ as Ager.t tot DANIEL N. KHQWLES~ 1R: ; St lucie Caunry Tax Coltecta ~+~s u~R~r+r wws w~~ t ~ ~ ~ sY MICHAEL O'HAIRE ~ sM~rM, ?~wTM, sMir~ a o'w~~ O d pfplllY C~ v. o. eox s~ s VEI~ BEACH, fIORtQA ~2960 ~ together with sll a~d Singular the tenernents, hereditaments and appurtenantes tFiereunto belonging o? in snywise apptrtaining thereto, snd i all rents, issues, proteeds and profits accruing and to accrue from said premises, all of which are ir~cluded in the above and foregang de- ~ stription and habendum. . I TO HAVE AND TO HOLD the above described and granted premises unto the said MORTCAGEE. its succeswrs and auigns forever. ~ Md the said MORTGAGflR for __.~S__._.heirs, executors, administratoa and assigns, hereby covenants with tfie said tvSORTGAGEE, its wctes- ~ sors and assigns, tt„t----_--__he- is-----_--_.---____-aw~,n,, seized of the said premises in fee simpte; that the same are free, clesr and dis- charged from all liens snd encumbrances in law or in equity, and that - il~. will and h1S_- heirs shall warraet ard s defend the titk ro the same w the said MORTGAGEE, its wccessors and assigm, forever against the bwful claims snd demands of all persons; ~ PROVIDED. ALWAYS that if the MORTGAGOR shall pay unto the MORTG/1GEE the promissory note hereinbeforo described, and e shall truly, prort~ptly and fully perform, discharge, execute, complete, comply with snd abide by each and every the stipulariau, agreements. cw~ditions and covenants of said promissory rate and of this Mortgage, then this Mortgage and the Estate hereby created shall cease a~d be null and voiA IT IS UNDERSTOOD that the word "Mortgagor" whether in tFw singular or plural anywhere in this Mortgage, shall be singuiar if one ' ~ only and shall be plural jointly and severally if more than one, and that the word "Thei~" as used anywhere in th~s Mortgage shall be takrn ~ to mean "his," "her," or "its." wherever the context so implies or admits. Atso, that wherever there is a refere:?ce i~ the Covenants and ~ agreements herein contained to any of the parties hereto, the same shalt be construed to mean as we11 as the heirs, legal representatives, wc- cessors and assigns teither wlu~tary by aCt of the parties w i~voluntary by operation of the law) of the same and that the covenants herein ~ co~tained shatl bi~d and the benefits and advantages inure to the respettive heirs, legal rep~esentatwes, sutcessors a~d assigns of the aart~es hereto. ~ /1nd said Mortgagors, (or themselves and their heirs, legal representatives, suttessors and assigns, hereby jointly and severally covenant and agree to and with the said MORTGACEE, its wccessors and assigns: 1. To pay all and singular the principal and interest and 1he various arsd wndry wms of mo~ey payabk by virtut of said promissory ~ note. and this matgage, each and every prompNy on tF?e days respectively the same sevenlly become due. ~ 2. To pay all a~d singular the taxes, asxsur~mts. Irvies, liabilitis, obligstions and intumbrsnces of every natu?e and klnd now on ~ said ~esCribed property, Or that hereafter may be imposed, wffered, pla[ed, levied, or asiesied thereon or that hereahcr may be Ievied M ; ~ assessed upon this Mortgage, or the indebtedness xtured hereby, exh and every, whe~ due and payable atcwding to law, befoie thty be- ~ come del~nquent, ar?d before any interest attathes o! any penalty is incurred; and insofar as any thereof is of reCOrd the same shal! be pron?ptly ~ satisfied and discharged of record and the original official docwnent (wch as, for instance, the tax rece'ipt w the satislxtion paper officially endorsed or tertified) shall be plxed in the hanJs of said MORTGAGEE within ten days next after payment; and i~ the event that any thereof is not psid, satisfied and distha.ged, said MORTGAGEE may at any time pay the same w any part thereoE without waiving or affetti~g sny optian, lien, equity. or right under or by virtue of this MortgaQe, and ti?t full ama~nt of eath and every suth payment shall be imrnedistely ~ due and payabk :nd shall bear interest from the date tF+ereof until paid at the rate of and~ per tentum per annum and to~ether with wth interest shsll be xtured by tF+e lien of this tnort~sge. ei~~]t Olle- half ~ 3. To plsce and cantinuously keep o~ the buildings now or hereaher situated`cn said land and on all equipment and pe?sonsiry cov- ~ ered by this mwtgsge, with alt premiums thereon paid in fu{I, fire inwrance in the uwal standard poliCy form, in s wm approved by Ihe ~ MORTGAGEE, s~d to?~ado inwrance in the uswl standard policy fo?m,in a sum spproved by the MORTG/?GEE, in such company or companies ~ as tF+e MORTG/1GEE msy direct; and all fire and torndo inwrsnce policies on any of saiA buildirtgs, srryr interest the.ein or pa~t tfiereaf, in the aggregate wm aforesaid w in e~ccess thereof, shall contain the ususl stsndsrd mortgagee dause or sucF+ other clause as the Mortgagee may ~ .equire, making the loss under said policies, exh s~d every, psysbk to ssid MORTG/1GEE as its interest may appear, snd exh snd every ~ wch policy shall be tl aui promp y ~ncd snA delivered to snd heW by said MORTG/?GEE ss fu.ther security to said mortsage debt, and, not iess thsn te~ l10) dsys in sdvance of the expiration of exh polky, to deliver ro ssid MORTG/1GEE a?enewal thereof, together with a reteipt for tF+e p.emium of such renewal; and there shall be no firo w tomsdo inwra~ct plsced on a~ of said build~ngs. sny interest therein w part thenof. unless in the Mrm a~d with the bss piysbk ss aforessid: and in slM event any wm of money bscarns psyabk w+der wch a sF~Ro-ss~-soo-rs4-w • I~ Q~ . i 3 8 0 s~ • DU~K 1~~ ~ ~ _ , - . - , .r ~ : _ , .._~-~'r,~,~~'~t~s~?'~ - .~~~-r~~'~-~ ~