HomeMy WebLinkAbout2223 ~~3908
THIS INDENTURE, kta~r ihe ~~~~t Day of t~u~uSl , A D 19 71, bciv~c~~n
RICt-IARt) L•:. Wr~l.i. • -
of [nciian River C~~ti, flonda, hereinafter rfesign,itcd as the "MORT(',AGOR," and FIRST FEOERAL S/\V~i~GS A^~D
LO/U`J AS`.OCIATION OF INOIAN RIVE~ COU"+TY, a turp~rati~n o~ga~~~zrJ _n.1 existing undc~ t1w ta..s oF the Ur~t.•.! Srates of Amc~ic.t
and ha~~ny; ~ti p~~nupal place of tus~ness ~n the C~ty of Vero Beath, Ind~.~n R~.er County, FIon;1a, heri•~n.,ftc~ dcs~~;na~c4 as ~hc "h!QRTGAGcE.'~
~VH_E~.EAS ehe MC3~~GOR is justly ip~cic~t~:o~the MORTGAGEE in thc sum ot S~'VCII If10U5i111(1 E'lvflt
tllll It'U ~1pU ll0 (S W ) Dolt.~rs. E:n.xl ~nd ~.+w4u1 m:~e~. N~_• Vnitc.! S:~tcs ad~anted by th~
MOFT(',AGEE unto the M~RTCAG7R, ai Cvidcnced by a certain prom~sa~ry nut~ ~t evc•n d,?t~ t~.rr,v~t.•i. ot ~vh~~h t~~e t~ll.„~„ng ~n ~~~r,te
and I~gur~s ~s a true copy, to-wit:
S 7, 500. 00 r.,
' Vero B.~ ach, F I.~r,,ia. AU~TIiSC ~ 9 71
F~. value received 1 or we jo~ntty or sevcrally prom~se fo pay to FtRST ~EDEFAL SAVit`GS AN~ L0.4N A~SOC~ATIO'v OF IfVD1AN
RIVER COUNTY, the sum of S 7~ g~• ~ , at its off~ce Vero Beach, Flun,li, Mrth mterrsr at tne rate ot 7• 77
per cent per annum, in the following manner
S 7•;• '~8 up~n the first of each and every m;,~th here~}ter uneit the full pr,nc~pal ~um, w~th ~r.teiest, h3s becn pa~d; sa~~
monthty pa.ments shall be ~OD~~ed fust te the pavment of intere~t on the unDa~d h~t~nce, an~ ~hen to the payment ef princ~paf_
Th~s n~te ~s neg~t~~b~e and ~f default in pavment octurs. may be p~atrcf ~n the han;7s of an attomey at !aw f:r c.!!ett~:~n, ~n ~rh~ch
e.ent 1 er we agree to pay the ecsts of tollection, includ~ng a reasonah~e attern~•y's fee, and each ot us, whether ma:.er, gu~rant:,r :r enc~orser,
here~v screratty .ra~v~s dem~nd, no!~ce of nen-oavrm:nt and protest of th~s n~te.
!s:~ Richard E. Wall_
7, In the event any paymer?t is not ma3e prior to the 20th da~ of the m:x~th when due, thcn th~s n~te shall bear ~ntcrest at the ~atC cf
~ frem tfie d_~te any such payment betame due and threugln~ut the pe~ec~ af such del~nquency.
~ 11. 7~
S*ate stamps paid and tancellc~f cm or~ginal of this note in the am~unt of S .
NQW. THEFEFCRE, rhe ~tORTGAGOR fo. the pu*D='sc of securmz the payment of the said .,.m ^f S 7a 8~• ~ and fhe
~,erfortnartce of the co':enants and agrea>ments he.einafter exp,essed, and (~r d..ers ga.'~d and vat:,a'~'e considerations. by these preser?ts. doeS
grant, bargain, sel1, rem~se, release, convey an~ conf,rm unto the L10RTGAGEE rts successors an~ ass~g~s, all t?+ot certain lot, p:cte or parcel of
land, situate, lying a~d bcing ~n the County of St. ~-UCle and State of Flonda, described as follows:
Situate in 5ection 12, 1'ownship 3~ South, Range 39 East, from Southwest
corner of SL•' 1~-~ of VE 1/=~ of SE 1;~ run East 16~ feet for Noint of
Beginning; thence North 121. ~ feet to a point; thence L•'ast 95. 4 feet; thence
South 121. feet; thence West 9~. feet to Point of Beginning, of the public
records of St. I.ucie C:ounty, Florida, and subject to a ten foot easement
for drainage, roads and utilities across Northern edge of said property.
'1' S I~AT ~ oF F- L O F2 ! U~ niis irisneuMe?~rr w~?s ?aco~o er
DOCUME,v~a~•, ST:~~SP T: X 1EROME p.
~ z _ N....: - - - QUINN
J~ - 44GI3'71 = = ~ITM, H~/1TH. SMITH AND O'liAIRE
~ o _ = v. o. eox s~e
C~ 7 O~ VERO BE/1CH, FIORIpy~ 32qbp
N .-.~;r.9t ~fR~E - - ~
P9_~~o~~: ='~-r-'~- _
i
~ r~gether with all and singu~ar the tenements, hereddaments and appu~tenances thCreuntD belpn3~n~ ^r in an?~~~se appertainin~ ihereto, and
I aii .ents. ~ssues, p.oceeds and profits accru~ng and to accrue from sa~d p~em~ses. all of wh~~h are ~nc~u~ed ~n ~h~ ab-..e a~~', forego.ng de-
~ scr~pt~,x~ and habendum.
TO HAVE A~vD TO HOLD the ab~tie descnbed and granted prem~ses unt~ the sar~ MOnTGAGEE, ~ts wccess~~s and ass~g~s t~rever.
And the said MORTGA~R I~r h1S heirs, executors, administ.at~~s and assigns, he.ery co.enanrs ..~sh tF.e sa~d M~RT~AGEE, ~ts succes-
~~.s and asz~gns, that h~ 1S Iawfull~ se~zed of the sa~d p~em~s^s tee s~mp:e, t?ut tF~e same are +~ee. c~ear and d~s
ctia•ged frem ail liens and encum~ra~ces in law or ~n equ~ty, and that he w~!I and h1S he~rs sha~I ~,.~rrant arxf
~efend the htle to the same ro the sa~d ti1pRTG.AvEE, its successors and ass~~ns, forever aga~nst the ~a.~l:,I c~a~m; and derr.~rxis uf all persons;
PROVIDED_ AL\~1/AYS tFat ~f the h10RTG/1GOR shatt pay unro the MORTGAC_~ nc~ pr:m~;s~ry n,tc h~~ra~n'~cf;.e desc.~t~ed, and
s!~aC t:u~y, promptly and fu~~y perforrn, d~scha~ge, execute, tompiete, c^mpty w:th a~d ab~de br an~ e1er. the ShPU°3~~OnS, dp•c'fTCnf:.
cc~rv.:~t~~ns and cc~•enants of sa~d pr~m~;sory n; te and cf th~z hlortgage, ti~en t!-~s ti1~rtR.~~:e and t~e tstare ~•<<e}, tfeates shatl ce.i>e and be
null and v;:u1
!T lit~D~~STOCD th:~t tne w;'d '!~~•~rtga;, r~~ wne:her ~n :na ~~ngular „•r p'u.,~l drt~~n^Cre ~n th~s !4~,riy3ge stia!I Ge s~ngu a~ cne
~:n'y and vali ;:e p~u~al i~,,n.t•. .,.e~~ s_•.e~:al'. ~f m:re tha~ one. a~+d thar r-~e ~+:~d -'jt-t.i~" ~S ,~;_.i .,ntiw~~-~c s~~s \t ~..r3age sh~il ~e ta%cn
mE]n "~i:5,.. ..her... p- ..,ts.~~ ~+-hE•.^.e~ thP C.ntcx! SJ imphc5 ~'r .?c~m~ts. r\'S~~. lhat wr.Cre.••• i•~C~C ~S a r•_re~rc~CC~m thC CovCnants dr`d
a..rEemcn:s here~n C~n!a~nCd a^v o` ihe pa:;~is hereto_ the same s?~a'~ :~e C-r,;ru~;~ ;p me~an a; w~• : as t^e ^.c:r~, I~~331 represc~tafnes. Suc-
'~•5.'~. :nd 35;~~FnS ~f:t~~c•~ :_~..~!dr~ dC! T~ a~shCS ~~r ~nv ~lu~'Jn Dti Cpfrd'~~~ :;f th~ iaw~ --~t t~ie Sd~ni ~!n„t t~~C C-,~.cnJ~fS hf~c'+~
C~ t.: r, s`.a'~ E'i^~ .'.1 .^e .••n_ ~•c 1 ~d.an..l3^i ~n.~re t~ f°SDf'CTIVP i,e~rs. iega~ represcn:.~r~.~~,. :.cc•~;.:~s .7,s::,ns ~f th~~
. r.cs ^.e~rt~
Anj ~a~d ~.1_.ty~,:-,.s. f_r t~_.r•,;e'..es an f the~• fie~rs. ~egal reptescn!at~,es. succes>>rs a~J ass~~ns h~.~r~~ .~n}:, 3n :_.~•~a :v c_.r,a•,•
~ .1~'C!• an; ..~tn tnc sa~d `.1:~K?i.:,~~r. ~ts suu~ ss-rs and acs~gns
,
1 To pay al! and smg~.i~ar t~e p•inC~p~t an~ mterest and t.^.e'.anc.us an~! Sur,~'ry sum; c•f m:nev ;a,~;;~e ~~'*:t . n
~ ~ i••. ~n.: t~'.~~; m.~•tgASC. tdCti 3nv cvC~Y P~.:mpfly On t~C JdyS •CSQi'tt~~.e~y R~C iJmc Se.e~.;~~`~ h~.•C`me .~u°.
~ 2 Tc; j;3y 3:~ a~d vngu~er the raxes. assessmer+rs, te~~es, t~a: itities, obhgati~ns and ~ncumbrances of every natu~e and kind now m
- .'~xn'~~7 pr.pe~t:. ;,r t~at he+cat!e~ ma~ be ~m~~seA. suffered. p+a-ed. %e~~r.:. ~r ,.>.r,s~:d tnfv.• n ..r ; ~,~t r~ c.••r~r may ~e ~~•.~~J .r
. i ~p n t'~~s F.',>•t~aRe. ~r t+~e ~r..~c,i,•.,dnesc se~ured herebv. each a~d rrerr. wn~n Cu•~ a•:.1 p~-..a','e t Le~: •e t~e;
=~"C :f•ri,~l:luCnt, a'~~ be'-~rF ani ~^.1ereSt JTt.iChn~ ~-r dny p[~nd`:v ~S ~nC::rr_~d. Jn.: ~n5; fdr aS ~rty thC~r ~~t iS -t•l_:. •~.7 1"e -,.,Te ~h.~;7 hc' p~ ~mpti;
~ ~t„t,ed and d.u~a•ge, f f;e. •d and t^e ~rfgan.~l c~f~c:al G_KUmen! '>ocn as. ~n,tJnGC. ~^C r,~~ r~~~:;,t .ro•.,e ia•..racr~ p.+per , f},c~a l.
~•n~_.S..d ~r cer:~t~ed ~~.s't Ce p~ace•~ m ttie ~~n!s ,f s.nd ti10RTCAGEt ,n,,th.n ten ~a;s ne~t ~'•e~ oa~,mcnt: :n, : e r.r-,t r•-at a~v ttier.. ~
~ , n r pa~d, sa:~s'~ed a-+j d:scha.ge~f. sa~~ MCkT ;A~EE mav at an~ t~me pay the s.+me ar any~ cart thfrfJ+ w~t~~ c;r a. aifecnn~ an,
,;._n {~en eawt~•, or .~ght under .•r by w~tue r~,s tilo.tgage. and i'~e fu:I am.a.nt .~f eacti and e,er~ suc~ pa.rr.c~c ~'i t,c ~~>+me~~arr;.
~..e an, pa.a','n a~d s'ail ~c~r ~nscre,f Ir~•m ine :1are The~_~f u~t,l pa~~ a! ihe ratc ~}~x~~~;°r Cc^::.~n pc•r ~r~f1UT ar.~ t.~;e.~ ;
.v~~^ t~;ch :nterest shall be secu•ed bv !tie hen cf th~s m<<tgage- SE'Vf.'ll ~il'1l~i.'('' C~U1I'tE I'S
~ 3 Te lace and c n!.n~ ;~~:V k cn the buiW~n s now er hereaite? s~tuatcd sa~d ~a~ 1.;n.}
D ~'~P 8 <'n Zn,: pc+t n i t•~ C,
~ ~•ed b. tn~S m;rttia~e. ~r,t^ .r' prnmiums t~.cre~n pa~d in full, f~re ~nsuranCe ~n the u:,;ai t•,n f~.! !••m. a su•T .~pp• ,~G Gti
~~~v~T"A.G;E, an.~ t~mrd_~ :^;u:anCe ~n the usual standard po~icy form,~n a sum approved b~~ tnc `~!~~kT~al,£E ~n yuCh C~~mpar.~ r tompam^S
, tHe h10KTGAGEE mav ~~•ect; and all fire and t~•nad~ ~nsurance p~~~ues en an~ of sa+.-t h:.~:d~~ys, anv ~nrerect t~+e•em o~ pa~• there.~f, ~n THe
~ agtire3ate sum a~:,resa~d ~r ~n excess the~crof, shalt cantain the uwal s~a~dard m~rlgagee c'.iuu s.,ch ntr..•r ~!,.;,te ~s t~e ~1~~tgagee mar
~ ~e7u~~e. m~k~ng t~e ss u.+der sa~d pohc~es. each and e~ery, payable to sa~d I~~ORTGAGE[ as :~s ~~rorest m..ti ,~~~ar. and each anA e`er~
~ >.,ch p„~~y shal! be p~ompt~~ ass~g~ed and delivered fo an~ held by sa~d l~1CRTGAGEE as ~u•T--c~ u--ur~r; e-~ s.~~:~ m~rt~~~c debt, and. n;t
~ ~•ys ~han ren ~ 10 dars m ad.ance of the expi.ati~ of each pol~cy, ro deh~er to sa~d MC~TGAG~E a•c~~wa~ rtir•e r-ec•he~ v~,~th rece~pt
~ `.r thf prCm~um Of SuCh rertew~l, dnd 1hCr@ Shdll bC n9 f~rt Or tOrn3d0 ~~turdrKe p'atc`c~ •~n .i~} Ss~'~ ~•u•`.:~~+.5 a•~. ~~~•.•••~~t thr/~~n Cr
~ ~a~t thereof, unless in the form and w~th tF+e loss payaLle as aforesa~d: and m the e~ent any surrm of rr~.,ev beccmes pa.able under such
~ ~ ~ .-,.~^-~--i-re~
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