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Home My WebLink About0147 ti~,~~~~ ~ a J THIS INDENTURE, Made tlx l~th. pay of l!1 _ J Y . Q ~ v . ~~~~E~~ _ HERI3ERT J. El~Wt1RUS arxl Nr~'I'Al.IE W. EUWARDS, his ~vife, :~~llil L.UC1@ C~n~y, Florida, he~ciaa(ter desig~arcd as the "MORT(',/1('~QR," and fIRST fEt)ERHL SAVIN;,S /?t~D LOAN .~SSOCIATION OF INDIAN RIVER CvU`1TY, a corpo~atien o~gzn~rsd and ex~sNng undcr the ta..s of ths Unucd States of Amcnta and hav~ng ~ts prinapal place of bus~ness in t!~e C~ty e! Vero Beath, Ind~an R~.er County, Ftinda. here~nalte. des~gna~ed ~s N+e "MORTI;AGEE." ~y g~ S ihe MORTGAGOR ~t jusl ~ the MORTCAGfE ~n the sum of ~E'Y~.'~l ~'huusand One Hurx,irc~ci ~l tIC~ I107~ W- w~~~ ~ ~ po; ~~,5 goori and la~vfu! m~ner of rhe Umted Statcs advanced by tF,c MORTGAGEE unto the MORTC,/~GOR, as evidenced by a certa~n p:om~s~o:y note of c~en date Ix:re.v~rh, ot wh,ch the Iottaw~nQ ~n woniti a~d f~qures is 8 fr~ COpy, t0-wit: '7 ii, 1 . N~. , Vero Beach, Flo~~da, ]UI}+_ Z~, ~q 7j for vatue reteived I or we jointly or severalty prom~se to pay to FiRSt FEOERAL SAVIPlGS ANO LOAN ASSOCiATl~JN OF ifYOtAN RIVER COUNTY, the sum of S7~ 1~• ~ , at its oH~ce ~n Vero Beach, Flor~da, with interest at the rate ot 7• 5 ~er tent per annum, in tF+e fol(owinQ rt?a~ner; sb~• 89 . up0~ thC first ot each and every m*xith hereafte~ until the full pr,ncipal sum, w~th interest, has been paid; sa~d menthly payments shall be appl;ed f;rst to the payment of i~terest on the u~~~~~ b~tance, and !han to the payment of principel. This note is neg~tiable and if default in pavme~t occurs, r~wy be placecS ~n the hands of an ~ttorney at law for c~!tect~en, in ~•h~ch event 1 ur we agree to pay the cestz of collection, inctuding a reasorwbte att~rney's fer, and each of us, wi~ether maker, guaranto~ or endwser, he.eby severally vva~.es demand, notice of nan-oavment and pro;est of th~s note. . J's; Herbert _J. Edwards ,~a„ ; s/ Natalie W. Edwards «a,~ In fhe event any payment is nct made p.ior to the 20th day ot thr -r?anth when due, then this note shall bear interest at the rate af 8}(~ from t`~e date any such payment became due and throughout the peried uf such delirpuency. 7 1Q. 65 State stamps pa~d and ca~celied on orig~nal of this note in the amcwru of s . PtOW, THEREFQRE, the MORTGAGOR for the purpose ef secur~ng the payment cf the sa~d wm ef S 7a ~ and the ,,crformance of the tovenants a.~?d agreements hereina4ter expressed, and for d~ Frs good and valuab~e tonsideratians, by these presCnts, docs grant, bargain, sell, remi~e, release, convey and confirm unto the MORTG.IGEE its iuccessors and ass~gns, al! tha? certain lat, piece or parcel of ? land, s~tuate, lying and being ~n the County of . St. Lucie and State ef Ftorida, dexribed as follows: I~ot b, Block 16, Lakewood Park, Unit ~2, as pei- plat thereof recorded in Plat Book 10, page 56, of the public records of St. Lucie y ~ County, Florida, . - ~'~`1 ' ~ - _ !N PA': NENT lAY{t ~"'t ~Li;S ~C I~YTAy~i9tE rE~:~YAt P'?9rE2:Y. TM~s fnsr~;;~+~~:~ wA5?REPARED -,•h`t; IO CN:,Pic4 ?G12~3. 11CiS Of 1931. Po~:r,ps, cie;k c~~c~~t co„~t BY Jerome ll. Quinn a~ A~er,t f~? CRNI~L N. KNOWLES, 1R SMITH. HEP7j, fi'~Tti83 o•w+i~ Ct I~~~in n VERO EEALn, i:ORSJA 32960 ~..5..~ j8I ~"~1~~.~.~. ~ gy ~ -~~`cl~l_CZ` DEPlJ1Y C~ERI~ . +~ge~her with all and singular ttie tenements, hered~taments and appu~tenantes thereunto be~o~ging or in anyw~se apperta~n~ng ?hereto, and a!I rents, issues, procee~s and prof~ts accru~ng and to accrue from sala prem~sez. alt of wi,~ch are ~nciudecf m the aba~e and foregoing dt- script~on and habendum. - TO HAVE AND TO HOID the above dest•ibed and granted prem~>es unto the sa~d MORTGAGiE. its wccessors and assigns forever. And the said MOR~~GAGOR for thef .r heirS, executors, administrators ar~ ass~gns, hereby covenants with tFx sa~d MORTGAGEE, rts succes- s~rs and assigns, that . tt1eY are . iawfu!!y seized ot tne sa~d premises m fee simple; that the same are free, clear arwd d~s cha~ged from all liens and entumbrantes in law or in equity, and that the}~ vvill and their ?~;,5 shall warrant and defend the title to the same to the sa~d MORTGAGEE, ~ts successors and ass~gn;, forever against the lawful cla~ms and demands of aQ persons; PROVIDEO. ALWRYS that ~f the MORTGAGJR shall pay unto the MORTGAGEE the prcm~ssory note here~nbefore dexr~bed, and shaU truly, promptly and fu~ty perform, d~schorge, execute, complete, comply w~th and atr~de by each and every the sApulations, agreeme~ts. cend~tians and Covenants of said prom~swry note and of th~s NSortga~e, then th~s Mortqage and the Estate hereoy c•eatrd shall cease and be null and vnirl IT IS U~~OERSTO00 that the .,r.d "Mortgag~r" whether m tha s+ngular or plu~a! ar.ywhere m th~s Mortgage. sh.ll be singutar if one =~~y and shall be ptu~al ~o:ntlY and se.crally ~f more than one, and rhat t~e wcrd "T~e~r" as u-cd anvwhere m th~s Mortgage shall be taken a r+e~n "h,s," "her," o. ",tz," where~er tne cor~!ext so imphes or adm~ts- !liso, that where~er there is a~efereace ~n the covenants and agreemen;; herem ~o~tained to any ot rhe pa.ties hereto, the same sha~t be ccn;trued ro mean as we~1 as the he~rs, Iegal representanves, wc- r_-ss~~; and ass~gns (e~the: voiuntary by act ~f the parties or ~n.•~lun:~ry by operatw~ of the taw) of the same and ~nat the covenants he~e~n c ~ra,n~d gh~i( b~nt~ and t+,e ;;ec:f,r~ ,.nd ~d.antages ~~ure t^ the respect~ve he~rs, lega! rep.esenranves, successors 2nd ass~gns of th~ ~~rhes hQreto. An~ Sa~d A17rtgdgors f~r themsel~es a~d the~r he~rs, tiegal rep:esentatwes, successors and azs~gns, hereby ~o.nthr an;1 se.erallv c~venant :~^d agree to an~S w~th fhe sa~d MvRiGAC~EG, sts s~ccezsors and ass~gns: 1. To pay alI and s~ngular the pr~nc~pal and inserest and the various and wndry wms of money payable b~ virtue of s~id prem~sz.:r~ ---~te, and ih~s mortgage, each ~n~ ever~ p.~.npsty ori the Jays respech~e(y the same se~e~ally pMOme due. 2. To pay att and s~nguidr the taces, assessments, lev,es, l~a5ilities, obligations and incumbrantes of every nature and kind now on •x~~~ des~n~ed property, or that herca+~e~ ma~ be ~mpesed, suffered, placed, lev~ed, or assezsed there.n cr that he~eattcr may be tev~ed o~ a.ses~ej up~n th,s Mortgage, or the ~ndebredness secu~ed hereby, each and every, when due ar~ pavahlt acc~~d~r,g to !ow, befe•e they be- me det,n~uent, and bet~re any ~nterest attacnes or a~y pers~ity ~s encurred: arx: ~ns.;'ar ai an, there~f is of •ec~rd the sarnx s!ulf 5e p:~rnpiir - '.ahst,ed and diSChdra~ ef rec~cd and t~e or~g~nal o!f~ua~ dxument isuch as, for ~r.stance, the taY receipt o. the satisfattwn paper ef(~~~a~lti• endorsed o: cert~fiedt sha~l ~Se placed ~n the hand~ oi sa~d MORT(',A'~,EE witnm ten days next after payment; ancl ~n the e~en~ that any thereof ~s n~t pa~d, uhs!ied and d:sCha~ged. sa~~ MORT~AGEE may at ar~y time pay the same or any part thereof w~thout wa~sing or aftecting any - _pt~on, hen, equity, or right unAe. or by virtue of this Mortgage, and the futi amount of each ancl e~ery wch paymenr shatt ~,rnmedeateiy ~..e and ~ya5'e and s~ali 5car mterest from t~ date thereof until pa~d at the rate of~(x~{~t~E ce~ ~~tum per annum and rogether w~rh such ~nterest shall be se~ured Ev !he tien of th~s mortgage_ SeVe(1 SIl one- hait~ 3. To ptace and conr~n~;~s1~ keep on the bu~id~ngs now or hereaffer s~tuated crt said land and on a1~ eQwpment ana persona!ty c_~v- ~.ed by th~s mortgage, w~fh prem~unis thereon pa~d +n fuN, fire inwrance ~n the usual st.an~rd ~o!,c•, form. ~n a sum ap~ro~eA Dy she '."-GRTGAGFE, and tornad~ ~r.z~~ance ~n ~he usual standard poliq torm.in a sum approved by the MORTGAGEE, m suth tompany or comparnes as the MORTC,AGEE may d~rect; and all fire and tornado i~w.ance ~olic~es on any of sa~d buiid~rgs, any ~nterest there~n or part thereof, ~n the aggregate wm aforesa~d a~ in excess thereof, shall contain the usual sra.+dard m~rtgagee c~ause cr such othe~ cta~sr as t?+e Mortgagee may ~~u~re, mak~ng tht loss ~n~Ser sa,d poficies, each and every, payabk to sa~d R10RTGA,r',cE as ~rs inrerest may appear. and each ar+d every st,ch poGcy sha11 be prompNy assigned and Ce~i~ared ta and F+eld by sa~d ti1CRTGAGEE as fu~?~er secunty to s~~d mortgage debt, and, not iess than ten (10) cia~s in adti?nce of the exp;ratio~ of each poficy, to del~ve~ to sa:d trtORTGAGEE a rC~+Cwdl thereo!, t~gett~er w~th a receipt E~r the prem~um of suth renewal; and !here shal! be no fi~e or torn3do insurarue placed cx~ any of s~~~ bu~~d~n~s anv ~~~~erest rhere~n or part tnereof, unless in the form and with the loss payabk as aforesaid; and in the event any wm oi mo~ey becomes payable undcr such «~RC-2SI-SOO-9-69-A ~ 1~~ 14? i . . _ ; - r -