The URL can be used to link to this page

Home My WebLink About2809 . ~1 THIS IN~ENTURE. Mads the . ~C`1 Day of ~1.IIlE' . • - . . I?. D 1971 , bllN@fI1 ,WAYNE CONSTRUC''.'IUN COMPANY, _IhC. , a F'lorida corporati~n of S[._ L.UC1E' . County, Florida, hereinafter desi~naced as the "MORTG/~C.Ol~,•' ard FIRST FEQER/?l SIlV!N-~5~~1!VD IOAN AS.SOCI/1TION OF INpIAN RIVER COUNTY, a corporation ore=n;:ed and existin~ ~x+der fhe 4ws of tF~ Un~tcd Sates of M,crica and F?~v~ng ~ts principal plxe of busi~ess in the Ciry of Vero Beath, Ind~an kwe~ County, Fto.icb, hereinahe. designa~ed as the "MORTG/IGEF." ~ iu~~ H R t M~~~2T,tGNGOR is j=tl~~id~y~:q~~}is MORTCAGEE in tF+e sum of Niqeteen 'Iliousand, ~t'1G' ec~ ~~d~io ~w-- c iilu uu ) Uollars, guod a~d lawfu! money of the United Statcs advanted by the MORTGAGEE unro tF+e MuRTG/?CAR, ~s evidanced by s ce?tain p?om~sso.y note of cvr+ date herc.v~th, of wh~~h the foltowin~ in wwcis and ti~ures is i true copy. tawif: = 19, 100..00 No. . v~ro e~~h, Fb.~m, June 9, - .~9 71 _ For value rcceived 1 w we jantly w sevcrally prom~se to pay to FIRST FEUEeZ/1L SAVINGS 1WD LOAN /1S50C1AT10N OF INDIAN RIVER COUNTY, the sum of 51.9~ 1~• at its office in Vcro 6each, Fbrida, with interest st the •ate of 7' S per cent per an~wn, in tF+e followin~ man~: 5-143.--~.6 ~~pon the hrst of each and every montF~ hereatter until the full principat swn, with interest, F?as been pa~d; said ; monthfy payrnents shatl be applied first to the payment of iotc?est on the unpa~d balance, and then to the payment ot prinNpal. - This notq''is:S+~otiable and if defsult in payment occurs, may be placed in tF+e hands of an attorney at law fw collectio~, in which f evcnt 1 oiwe-~serto ~r fhe tosts of collectio~, ir+cludina s rwsonable attaney's fee, a~A sach of us, wi~ether maker, guarantor or errclorser, ) hereby ;veral~ywsheS.dert~and, notice of rwe~-aavmenf and protest of Ih~s nota ' ne n ructio Co Inc. ' . ~ ~ By /s/ ~yne , ~ines, ~r. ~~es~dent~~ai~ ECorporate Se?~, _ Attest: s Patricia A. Sines, . Secretar = ~ - ~ - ! . . 1 _ ~ - - - Y ISeau ; I~t the event ai~y paymen~is not made priw to the 20th day oi the month when due, then this note shall bear interest at the nte of froro the date~aAy sYtb,p*yment became due and th.oughout the period of sucA deli~quency. Shte'Sta~,pail~ an~2ancrlled on original of this note in the amaint of S?g•. 65- , . • NOW~ TH~R~!~t1E, the MORTG/ICAR for the purpose of secwing the payment of tF+e said wm of s.l~s i~s_~ snd the ~,erformance of tFi!'to~renants and agreeme~ts hereinafter expresxd, and for diven good snd valusble tonsider~tior+s, by tF+ese presents, docs grant. ba?gsin. sell. ren~ise, .el~ax, convey and canfirm unto the MORTGAGEE its successon ard assigns, all that certain bt, piece w parce: of land, sitwte, lying a~d being in the County of St. LUC1C' and State of Florida, described as foltows: Lot 28, Blc~ck 42, INDIA-N RIVER ESTATES, UNIT #1, according to the plat thereof as recorded in the office of the Clerk of the Circuit Court of St. Lucie County, Florida, in Plat Book 10, page 43. t 5 I~:i C^~ r t l?Eli.:A RECfn'FO i_~~ IN PAY/tENT OF TAXES nOCU~~:~~`l~l,=;~,,:.5~.~'_~~'__il:X DUE C'~ CL1`'S 'C INTJI?iF!SLE PE'tSCNAI PROPERiY, -,~13'?1 = ~:Nr~,:f:; To c~upr=R zo,~a. ncrs of i9ii. o = Z 8 6 5= L~ ~ 4 a ~ - 1 ROG: ~ PQlji,kS, C~e:f~ Circuif Cuutt in f e: t~ rt~~~.~c r,:. as Agt;t for DE.Filfl N. KtiUWLES~ 1R , . St Lu:ie Cour.t~ T~t Collectot THfS IN$TRUNENT W/S PAiPARED ~ F ~ Jerome D. Quinn ~ sMitH, ?+Ewni. s?Nirw t o'ru?irtE DEPtliY Ctfil( P_o. eox sie VEIEO Bf/1~CH. FLOttIDA 329b0 togethe. with all and singular the terxments, he~editaments and appu~tenantes thereunro belonging w in a~ywise appertaining thereto, snd all rents, iiwes, proteeds and profits atcruin~ and to xcrue from ssid p.emises, alI of which are irKluded in the above and foregoing dt- SC~iption a~d habendurrl. TO HAYE /1ND TO HOLb the above described and granted premises unto the said MORTGAGEE, ~ts wccessors and ass7gns forever. 14d the said MORTGAGOR for 1tS~Sj~1Cj~'e(exSecOuton, administraton and auigns, hereby covenants with the said MORTGAGEE, its wcces- sors and assigns, that. lt lS--_- _lawiuily seited of the said p.emises in fee s;mpk; that the same ~re free. tlea~ and d~s- charged from all liens and encumbrances in taw or in eduity, and that lt - SUCCC'SSOrS wilf a~d ~~S!- - • }~~(shsll wa~ra~t a~d defend the tiHe to the same to the said MOR7GACEE, its successws and assign;, forever against the Iawful tlaims and derrwnds of all persons; PROVIDE~, /1lW/1YS that if the MORTGAGOR shall psy unto the MORTGAGEE the promisswy note hereinbefwe destribed, a~d shall truly, promptly and fulty pe~form, d~scharge, execute, complete, comply w;th and abide by each a~d every the stipulatio~s, sg.eements. conditions and cwenants ot said promissory note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and '~e null and voiA IT IS UIIDERSTOOD that the word "Mortgagcr" whether in tM singular or ptural anywhere in this Mo~tgage. shal! be singular if one only and sF~sll be plural jointly and severally if more than one, and that the word "Their" as used anywfie.e in this Nlortgage shall be taken to mean "his," "he~," or "its." w1?ere~er the tor?text so impl~es or admits. Atso, that wherever there is a refere.-xe in the tovenants ar+d agreeme~ts nerein ~antained to any of the parties hereto, the same sFull be tonstrued to mean as we~l as the he~rs,Jegal represe~tatives, suc- cess~rs and assigns leither voiuntary by act of the parties or involuntary by operat~on of the law) of the same and that the covenants herein 1 conta~~zd shall b~nd and the ben~f~rs v~d advantages inure to the respective he~rs, legal representat~ves, successws and auig~s of the aa?t~es he,ero. Md said Mortgagors, for tfiemselves and their heirs, legal representatives, wctessors and ass~gns, hereby ~e~ntiy and xverally cover+ant and agree to and with the sa~d MORTGAGEE, its uxcessors ar+d assigns: 1. To pay :II and singular the p~inc+pal and i~terest and tF+e va?ious and wndry wma of money payabk by virtua of said prom~ssary note, and this mo.tgage, exh ar?d every p.ompNy on the days respect~~ely the same uveraliy beco~r~e due. 2. To pay al( arxf si~gufar tF+e taxes. assessn+ents, k~via. lia5ilities. obligations and inc~rnbrances of every nature and kirid now on said destribed property, Ot that hlreafler may be impOSed, wffe?Cd, p~aced, lev~ed, Or asSCited !hlreon or that hereattcr may be tev~ed or assessed upon this Matgage, o. the indebtedneu secured hereby, exh and every, when due .n~ payable accwding to taw, before shey be- c~ne delinQUent, and befo.e any e~re.est attaches or any penalry is incurred; and insofar as any the.eof is of -eto.d the same sha11 be prwnptly sat~sf,ed and d+scharged ef .etard and the orig~nal official document !such as, fo. ~nstance, the tax receipt o~ tF,e satisfaction ~aper ofF;~ially endo.sed or certifiedl shall be ptxed in the hands of said MORT(;q~EE within ~en oays next afte? paymenr; and in the event t!vt any tfxreof is not paid, satisfied and distharged, sa~~ MORTGAGEE may at any time pay fhe same o? any part fhereof without waiving or affKting sny opt~an, I~en, equ;ry, or righl under or by virtue of th;s Mo.tgage, and the full amount of exti a~d eve wch payment sha11 be immed~ateiy due and p~yable a~d shall bear inte.es! from the dare thereof until psid at the rate of?~Yc a~d siKi7~ entum per annum and together wirh wch ~~re.~~ :r~n ne ~~.ee a, of ~h;s seven one- a~~ 3. To place a.~d c~nnua,sly keep o~ the buildings now or hereafter sitwted on said ?and and on atl equ~pmenr ano pe.sonatty co,~- - ered by this rnwtgage, w~th ai! ptem~ums thereon pa~d in full, fire inwrante in tht usual standard pohty form, m a sum approvcd by tt.~ MORTG/1GEE, and tw?~aei~ ~nsurante in the uswl standard poliq ~arm, in a stxn approved by the MORTCAGEE, in wch company or cwnparnes as the MORTG~IGEE may d~rect: and atf fire a~d tornsdo insurance policies on any of u~d build~ngs, any mterest theran w part thereof, i~ tF+e a~gregate sum ~foresaid or i~+ actess the~eof, sha11 contsin she uswl standard mortgagee ciause a. such other ctause ss tF,e Matgagee msy requ~re, maki~` the lou under sa~d policies, exh and every, paysbk to sa~d MO!tTCAGEE ss ~ts inrerest msy sppesr, and exh and every wch pol~cy shal! be p.ompr)y sss~gned and delivered to and held by sa~d MORTG/1GEE ss fu.r~+er secur~ty to said mortgage Aebt, snd, not ~ess than ten (101 dsys in advance of the expirstion of exi, policy, to deliver ro ss~d MORTG/1GEE a.enewal therco{, together with a receipt for the premium of such renewal; sr+Q there shati be ~o /ire ~ tomsdo insursnce plxed on any oi sa~d bu~ld+ngs. any ~nterest therein a - part theroof~ unleu in ti+e form snd with the loss psyabk as aforessid; ud i~ tht tvent any wm of mo~ey becomes psyabk under wch rf~wc-as~-soo-s-ss-~ ' - E~~~ 193 2846 ~ -