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HomeMy WebLinkAbout1670 ~ . ' ~ ; ~ ~ ~11~~1 ~ ' THIS INOENTURE. M~ rhe __.1Sth. _ o~„ or . _ _ . . . .1une . . - , p. ~r,~~ _VIRGINIA. T, _ C:LUNK~ a single woman of Indian River Cp~~y, Florida, lu•einafte~ desi~narcd as tF+e "MORTGACAR;' and fIRST FE~ER/U. SAVINC,S AND Lp/W /1SSOC1/1TIQN OF INOIAN RIVER COUNTY, a cor~+wation o?gani:ed ancl existinQ ur?dc~ the laws of t~?e United Ststes of Amerita ~ and I~ving its princ~pal plate of business in tF+e City of Vero Bexh, Indian River County, Florids, hereinafter designaled as the "MOR7WGEE." ~ E t R is 'ustl ,~~.~~~,~,e MORTGAGEE in the wm of "~+enty-two 'I~ousand Nine Hunc~~ ~~°r~°~~° ~lt ~L~ yw. W_..) Ootla~s. good and iawful m~ney ul if~a L'~~+r~ S:ates s~s~ed k+y ~~+e ~ MQRT('iAGEE unb the MORTCiAGOR, as evide~Ked by s ce~tain p~omiisory nOtc of eve~? date hercwith, of which the followins in vwrtls and f~~ures is a true topy, to-wit: ~ s22: 900. oo No. li2_b~,. ~ L vNO eexh, F~«~a~, _ _ . _ .1une 15,. . . . 71 . . . - - . 19 . For value reteived I or we jantly or seve~ally promise to pay to FIRST FE~ERAL SAVINGS AND LOAN ASSOCIATtON OF INDIAN RIVER COUNTY, the wm of S 22'- 9~'-~ at its office in Vero Bexh, Fb.ids, with i~terest at the rate of 7• 75/O.. Oe? tent per arx~wn. in the (ollowin~ manner: 173. 13_ _ the first of eath ar?d every mor~th he~eafter u~ril the full p.incipal wm, with interest, has been paid; said mwuhly ps-yments shall be a~ppGed ~int to the payment of interest on the unpa~d balance, and then to the psyment of principal. This note is negotiabk and if defsult i~ payme+~t otcws, rr?~y be p~aced in the hancls of an attorney at law fw coikction, i~ which event 1 u we agree to pay tF+e costs of coltection, includina s reasonabk attwney's fee, and each of us, whether maker, gusnntor or endoner, hereby sevenlty waives demand, notice of non-oavrnmt and protest of tFus nore. /s/ Vir~inia_ T._ Clunk, a_single wo~~ --~s~~u In the event any payment is not macie pria to the 20th day of the mo~th wF+en due, then this note shall bear interest st the rate of ~i~~sftom the date any such 9ayment became due snd throughout the period tf suth delinquenty. 2S. 34, 35 Stste stamps paid and cancelkd on aiginal of this note in the amaint of s.._ . 22 900 00 NOW, THEREFORE, the MORT~,ACCOR for the purpose of securi.+g the payment of the sa~d wm of S.-_._._~ snd the ~x.fo~mance of the cove~ants and agreements hereinaher exp?essed. and for dven good and valwSle coosidentions. by tF~ese prese~ts. does gnnt. b~a~ain, sell. remise. release. ~cw+veY and confi.m unto the MORTGNGEE its successors and au+gns. all that certain lot, piece or psrcel of tand, situate, lying and being in the County of - and State of Florids. described as foitows: Lot 18, Block J. , MARAVILLA-ESTATES, according to the Plat thereof recorded in Plat Book 8, Page 77, Public Records, St. Lucie County, Florida. ~ ~ y~~ ~ ~ M,~ TFi15 INSTRI:l•c~T ~VA; PREPAQED BY 1ERi:~!E D. QU~KV ~ ~ ~ ~ ~ ~ SWIITH. HEAit!, c~'tTF1 At~O J'~IRE ! ~ p p_ grX 518 ~ y~Rp gE/~CM, FLOR~ W? 32960 r ' ~ • ~ ~ I ' I together with all and singular the tenements„herrditarnents and appu~tenances thereunw belonging w in anYwise appertaining the~eto, and all rents, issues, proCeeds arv! profits xcruing and to xcrue from said premises, all of which are intltded irf the above and foregoing de- uription and habendum_ ` TO HAVE AND TO HOLD the above described and granted premises unto the said MORTGNGEE, its wccessors and sssig~s fwever. ; Md the said MORTG/1G~R for her_. F+eirs: e3cea,tas, administraton and ass~gns, hereby covenants with the said MORTGAGEE, its wcces- sors ard assigns, that---- Stle _1S_-- ------------ywfully seized of the said premises in fee simple; that the ssme are free. clear and dis- charged from all lieru and encurnbrantes in law a in equity, a.~e tr,~~ . she w;,~ _ her ~;n ~yll warrant and defend the title to the ssme to the said MORTGAGEE, its wccessors and assigns, forever against the bwful claims snd d~mands of slt persons; PROVIDED. /1LWAY5 that if the MORTG/1GOR shall pay unto the MORTG/1GEE the promissory note hereinbefwe destribed, and shall truly, promptly and fully perform, discharge, execute, compiete, comply with and abide by exh and every the stipulat~ons, agreernents. co~ditions and covenants of said promissory note ar+d of this Morfgage, then this Mortgage ar~d the Estate hereby cr~ated shall cease and be null and voiA _ IT IS UIJDERSTOOD that the word "Mortgagoi ' whetF?er in th! singular or plural anywhere in this Mortgage. shall be singular if one only and shall be plural ja~tly a~sd se~erally ~f more than w~e, and that the word "Their" as used a~ywhere in th~s Mortgage shall be bkrn to mean "his," "her," or "its." wherever the contezt so implies o~ admits. Atso, that wherever t!iere is a refere.~ce in the covenants and agreements herein contained to any of the pa:ties herero, the same shall be ta+strued to mesn as wefl as the heirs, legal representatives, wc- cessa?s and assigns (eithe. wluntary by xt of the partits ur er.v~luntary by operat~on of tF~ Iaw) of the same ar?d that the covenants herein conta~ned shall bi~+d and the benefits and advantagcs inure to the respective heirs, legal representat~ves, successors and assigns. of the ~artiCS htreto_ /1nd said Mo?tgago?s, for tF+emselves and their heirs, legal rep~esentatives, sutceszors and assigns, hereby jantly and severally cwenant and agree tc and with the said MORTGAGEE, its successors and assigns: 1., To psy all and singular the printipal and intercst and the wrious snd wndry wms of money payable by virtu- of said prom~ssory note, and this mortgage, exh and every pror.:a~ly~ the days respecnvely the same severslly become due. 2. To pay all and singular the bxes, sssessr.+ents. Ievies, liabilities, obligstions snd intun+b=antes of every nature and kind now on said desCribed property, or that hereafter may be imposed, wfferEd, plxed, levied, Or assessed thereon w that hereaftcr tnay be levied w assessed upon this Mortgage, o: the ~ndebtednezs secu.ed hertby, exh and every, whm dtx an~ payable stcording to law, 6efore they be- come delinquent, and befwe any interest attxhes or any penalty is i~curred; and i~sofar as arry thereof is of recad the same shall be prompNy sat~sfied and d~xharged of record an~ tne orig~nal officul docurr+ent (wch as, for instance, the ta~e receipt w the satisfx~ion paper officislly er+do~sed w certified) shall be plxed in the hands of said MORTGAGEE vrrthin ten days next after paytnent; and in the tvent that any thereot is not paid, satisfied and distharged, sa~d MORTGAGEE may at any time pay the same w any part thereof withcut waiving or affetting any option, IiM, eQuity, Or r~ght under or by virtue of this Mortgage, and the full amxint ot h SuCF~ payment Shall be immediately due and payable and shall bear interest from the date thereof until paid at the nte of ~'~a~~IH~i~pe~ tentum per annum and together with wch ~?,t~.~~ ~~~.ea a, ~?x ~~r, of t?,~: ~a~~- seven and three quarters 3. J To plsce and continuously keep on t~.e buitd~ngs ~ow or hereaker sitwted on ssid land and on all equipment and persona~ty cov- ered by this mortgtge, w~th a11 premiums theseon paid in full, fire inw:anCe in the usual standard pol~ty fwm, in s sum approved by Ihc tvFORTGAGEE, a~d twnado ~nwrance in the usiial standard policy fwm,in a wm approved by the MORTCJIGEE, in such cornPany w cornpsnies as the MORTGAGEE may direCt; and all fire and twnado insursnte policies on any of said ~uildirtgs, sny interest therein or part thereof, in the aQgreg~te wm aforesaid w in exceu thereof, shall contsin the usw! sbndard mortgagee ciause w u,ch other clause ss the Mortgagee may reqvire, making the loss under said policiei. exh snd every, paysbk to said MORTGAGEE ss irs interest tnay sppear, and exh and evory wch policy shall be prompttv auigned and deliwred to ana trld by saiA MORTGAGEE ss fu.t?+er securiry to said mortgage debt, snd. nat tess thsn ten (10) days in adva~ce of the expintion of rsch policy, to deliver to said MORTG/1GEE a renewat ti+e.eof, together with s reteipt for tF+e premium of wth renewat; and t6+ere sF+sll be no fi~e o? tornsdo inwrante plated on amr of said buii~~ngs. any ~nterest therei~ or part theroof, unless in the fprm ud with the loss psysble ~s sforesaid: snd in the event any wm of mo~ey becomes psyabk undei wch FiII1C~2S~~S00~l~69-A R 193- 1fi68 ' g00R t ~ - ti i