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Home My WebLink About0604 21~~40 THI~ W~ENTURE. Made thc 7~t{. ~ay of . JUR@ . _ . A D. 19 71 , bet..een ._ROBERT P. DIMMCTT and SHIRLEY J. DIMMETI', his wife 04 St. j-.UCle Coumy, Fi~rida hereinafte~ desi~~a~ed as the "MORT(',/~GpR," and FIRST FE~ER~1L SAVIPFGS AND IOJW I~SSOCI/1TION OF INOI/~N RiVEft CQJNTY, s corpo~ation o~gan~:ed ana exist~ne w?dcr ~he ta.~s oi the Uhited S?ates of An+cr:~a and hav~ng ~n pnnc•pal plxe of bus~ness ~n t!k C~ty of Vero Beach, Ind~an Rwer County. Flonda, hereir+after designs~ed as the "~~AORTG/1GEE." REAS the MORTGAGOR ~s just~y ~~yq,~he MpRTGA~,EE in the surn of ~111KG"t,.'Il ~lOllSiillC~ illlt~ NO~~~ ( S 1~~ l1lJV. W. pot lars, g~wd and iawfu) mo.?ey of the United States adv~nced by 1F+e MOR CACEE u~to the MORTGAGOR, as evidenced by a certain promissory note ol ever~ date he?c.v~rh, of wh,ch the followin~ in words a n d i~gu~cs is a tr~re topy, to-wit: S 13, OUO. 00 No Vero Beath, Florida. ~Une 7~ . . 19 71 Fo. val,.e received 1 or we jointly or severally p.cm~se to pay to FIRST FEDERAI SAVINGS MID L0/1N /1SSOC1/?TtON QF INDIAN RIYER COU[VIY, the sum ot S 13~ ~V~~. ~ , at ifs office in Vero Beach,.Flo.~da, with interest at the rate of 7• 25 per tent pe~ annum, in the fo:lawinQ ma~-+er, ~ s~.~4~ 6H__. upon fhe lirst of each and evrry month hereafte~ un?it the ~ull p~inc~pat wm, w1'h interest. has teen psid; said monthly payments shall be appl~ed first to the p~yment of intrrest on the u~pa~d bata~ce, and the.+ to the payment of principal. This note is negotiabte and if de(ault ~n wvmer+t occurs, rreay be plxed ~n the han~fs ef an attorney at law for collect~on, in which eve~t 1 a~ we agree to pay the costs of collection, including a reasonable atto~ney's fee, and each of us, whether make~, guanntw or.en~o~xr, he?eby severallv waives c+em~nd, nos~ce of n~-~vr.~ent an~+ protest ot th~s rwte. _ js; Robert _P. __Uimmett ~ ~ _ - /s/Shirley J. _Dimmett : In the event any payment is not rr?ade prior to the 20th day of the month when due, then this note sha(1 bear interest at the rate of from the date any such payment became due ancf throughout the pe~~od of such ~elinquency. g~ ~SState stamps paid and cancetlc~ an wiginal of this note in the amwnt of 1.I9•_~Q NOW, THEREFORE, the MORY(',AGOR for the purpose of securi~g the paymc~t of the said wm of s.~-3i O~t snd tM ~,erfwmance of the covenants an:3 agreements here~nafter expressed, and for divers good and valuable co~side~stions, by these presents, does grant, ba~gain, sell, remise, release, convey and confirm unto the MORTG/IGEE its sucteswrs and assigns, all tMt certain bt, piete o~ psrc*! of ~and, situate, lying and be+ng in the County of St. LUCIe. _ _ and Stste of Florida, destribed as folbws: r Lots 1, 2, 3 and the East 30~ feet of Lot 4 and also beginiiing at the NE corner of Lot 1, Block 72, run thence North 10 feet, thenc~ Southw~ster~y to the Northwest corner of Lot 3, Block 72; Thence East=to the Point of Beginning. All of the above describeci lands lying and being in Block 72, of WHITE CIT1~' SUBDIVISION, according_to the plat thereof as filed in Plat Book 1, page 201, Public Records of 5t. Lucie County, Florida. _ ~ THfS IkS1RUMEPIT 1~fNS PREpARED eY jerome D. Quinn SAAITH, HEATH. S.NITH d. O'MAI~ v. o. sox s~e VERO BfALH, ROR~DA 32960 rogether with ~II and singu!ar the tenemenfs, hered~taments and appu~tenar+ces thereunto belonging cr in anywise apperUin~ng thereto, and a11 rents, issues, proteeds at?d p?~l~t5 aCtru~~g and to accrue from said p.em~ses, a11 of wfii~h are included ~n the above and foregoing de- Script~on and habindum. TO HAVE /1N0 TO HpLL~ the above described and gnnted p~emius unro the sa~d MORTGA~EE. Sts successon a-.d au~gns farever. Md the said MOe2TGAGpR far tf1E'-lr_ heirs, e.cecutors, administrators and assigns, he~eby cove~anrs with tF.e said M~R~C~?GFE, itt wcces- s~.s and auigns, t?~~ _they are _,,wf,,,,,, ~,zed of the said premius ~n fee simple; that the same are free, clear anQ d~s- c!vrged fran alt liens and encumb~ancES in taw o. in equity, and tt+at _ tfle~!. w;~~ their ,,~;n s~ytl warnnt and defend the title to :he sarrx to the sa~d MCRTGAGEE, its successors and ass~gn;, forever agsinst the lawful daims and demands ot` s!1 persons; PROVIDED, A~WAYS that f1 the MORTGAGOR s?ull pay unto the MORTGAGEE the promisw.y note here~nbefore desu~ped, and shall truly, promptly and fully perfu~m, d~:charge, ezecute, complete, comply with and abide by each and every the st~putstions, aQreements. cond~tiors and trnenants of sa~d promissary n~te an:i of this Mortgage, then this Mortgagr and tht Esrare he.coy created sl~U cease and be null ~nd vairl ` IT iS Ut1DERSTG~OD that the wc+d "!.lartgag~r" whether in tFv! singular w plural anywhe:e ~n this Mortgage. sha~l be singular if one only and s!wtl oe pturat ~o:n!(y u~d severally if more than o~e, and that rhe .vord "The;." as used anywhere ~n tl:~s Martgsge shall be takc~ to mea~ "h~s." "her," or "its." whe.c~e. tne c~nlezs so impl~es o. admits. A:so, that where~er ther~ is a refere:+te in tt?e tovenants and agreeme~ts herein co~tained to any of the part~es hereto, the same Sha~l be ccnstrued to mean as we~l as the he~rs, legal representahves, suc- cess~rs 3nd ass~grts te+rhe- vol~ntary by act of the Aarties or ~nvu~untsry by operat~on oE the law) ot the samc and that the tovenants herein c.~ta~n~d shal! E~nd a~d t~e ~enej~rs ~nd ad.antages ~nure to the respect~ve heirs, legal repre,e~tat~ves, succeu~rs and ass~gns of thc ,:artie> hereto. And said hl~rrgagors, fer themselYes and the~r heirs, lega! representatives, successors and assigns, here5y ~ointly anJ se.eraily covenant a~d agree to and with the sa~d h1~~TGAGEE, its successors and ~ssigns: To psy ati and s~ngutar the prinr~pal and interest ard the various and su'x!ry w+ns nf mpney psy~blt by virtue oi said promiss~ry note, and this mortgage, each and every pro:nptly on the days respect~vely ttie ume severslly bec~me due. 2_ To pay atl and singutar the taxes, assessmen:s, levies, liabilities, obligations u+d incwnbrsntes of every nature and kind now on sa~d dexribed prcperty, or that he~ca+rer may be ~mposed, suffe~ed, placed, ~ev~ed, a assessed thereo~ or that hereattcr may be le~~ed or asses_ed upon th~s Mortgage, o+ the ~ndebredness secured hereby, each and every, when due and pava~~e acc~~d~ng to law, beforo tney be- c~me del~rx~uem, and be~ore any ~~rerest anaches or a~y penalty is inc~rr~d; anA insofa. as any thereof is of +ecord the same shall be prompNy sal~stied and d~scharge~ cf rec^*d and :he c~r~g~na~ otf~t~a~ dxument !such as, for ~nstante, the tax reteipt er Yr+e ~tisfact~on_ paper off~cufly endorsed or cert~hed~ s`~a!1 te ataced in the ~:an3s of said MOR?GA~EF w~thin ten days next after payment; and in tne event that any there~f is net paid, sar~s`~ed an.i d~stha•ge.',. sa~~ M!~P.T:,AGEE may at a~y.time pay the same or any part thereof without waiving or affecting any opt~on, I~en, C~uity, or .ight under or by v~rtue ~f t~+is Mortgage, a?sd the fu~l art?ount of eath and every suth payment sha11 be immerl~ate(y due and payabte and shafl 5,:ar interest from the dase thereof untif paid at the rat of and r~tym ptr annum and together w;th such ;nterest shall be setured by the fien of this mortgage_ ~e~ ~~~~Ci _ 3_ Yo plxe and conr~~u;usty keep on the bu~idings now or hereafter sitwted cn said land and on a1l epu,pment an~ personafty tov- ered by this mortgaRe, w~t~ ai! premiums the~eon paid in (ull, fire inwrant2 in tht usual standard pol~cy iorm, in s sum apprcwed by tl,~ MORTGAGEE, and ta-nad~~ i~suranr_e in the usual standard potiCy form,i~ a sum apprwed by thz MORTGA.CEE, i~ suCh company or tompanies as the MORTGAGEE mav di~ect; and al! fire and tarnada insuranc~ poiicies an any of said buildi~gs, any interest the?an or part thereof, in the aggregate wm aforesa+d or ;n ~xcess t~e.•eof, shall contain the uwal standard mortgagee dause ~~r such other clause as the Mortgagee may require, making the toss under sa~d p~licies, each cnd every, payable to said MORTGAGfE as its interest may appear, and each ar?d every - such polity shall be promptty assigned and detivered to and heid by said MQRT~ICEE as 1u~ther seturity said mortgage debt, snd, not ~ess than ten ()01 ciays i~ advance of the expiration of each polity, to deliver to said MORTGAGEE a+enewal therec,f, tegeti?er with a receipt for the prerttium of such renewa!; and there shall be no iire or tornado insurance placed on any of sai~ buitd~ngs. eny ;neerest there~n or pa.t thereof, unless in the form and weth the loss payabk as aforesaid; arrc! in the event any su:r. oF money becorr~es p~yable under s;ich iR7RC-261-500~9-69-A ~ Uk i gooKl~ 604 - - ~ - _ . .