HomeMy WebLinkAbout2812 2.12~~~E~
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~ THIS INDENTURE. Ma~fe the g[h . ~ar of July . ,/1. p. 19 71 . betMree.?
CAR1.,.GARL.TON~~t1d I.iNDA 13. CARGTON, his wife .
of St• I.UGIe County, F{orida, htreinafter d~si~nated ss the "MORTG/1GOR," and fIRST FEOERAL S/1VINGS /?ND
iOAN ASSOCIATION OF INOIAN RIVER COUNTY, a cwpo.ation o~Qa•+~zed ar+d ex~stine undor the laws of th~ United S~atea oi Amcrica
and l+sv~ng ~ts pr~napal plxe of pusi~ess i~ ~ho C~ty of Ve.v 8each, Ind~a~~ River County. flo~~da, h~re~naltc. dcsigr?a~ed as the "MORTG/1GEE."
WHERE/1S t~s MORTGAGOR is just~y he MORTGAGEE in the wm o+ Fifteen Thousand, a nd No/ 100 ~
ts 1~, U(1U. ~ ) potlars. good and tawful m~+ey of t?ee United States advanced by the
MORTG/1GEE unto the MORTC/1CAR, ss evidKxed by ~ ce~tain prom~sso.y note of eve~+ date herew~th, of wh~ch the fo:low~n~ in wwrh
and f~~uret is a tru~ eOpy, tawit: _
i 15, 000. 00 No. -
Veto Beath. F lorida. ? ~ V ly 8~ 19 71
Fa value rece~ved 1 w w~ jantly w sevc:ally promise to pay to FIRST FEOERAL SAVINGS Mlp LOAN /1SSOCI/1TION OF INDIAN
RIVER COUNTY, the wm of S 15~.~0. ~ , at ifs office i~ Vero Bexh, Flwida, with interest at the rate of 7• 25
oer tent per a~xn..~++. in the folbwin~ msrtner: ~
s 1.1 R• _5~.._ upon the firit of eKh ard every rtwnth herNtter until the full pnntipal wm, with interest, has be~x+ paid; said
monthlY paymenfs shall be appl~ed first to the payme~+t of inlerest on the unpaid balance. and fhen w the payme~t of p~intipal.
This r+ote is ne~otiable and if default in paymenf octun. msy be plxed ~n the i+ands of an atto+ney at law fw coltect~on, in wfiich
event 1 ur we agree to pay the costs of colkction, ir?cluding s reasonable attorney's fee, and exh of us, whether maker, guanntor or endo.se~,
hereby severalty waives denwnd, rwtice of non-wvme~t a~d protest of 11us note.
/s/Carl Carlton ~f•. . ckai~
s Linda~ 6._ Carlton . , _ _
_l -
In the event any payment is not msde ~uiw to th~e 20th day of the month wl?cn duq tfie~ this ~ote shall bear interest at the rate of
from the date a~y such payment became dutr a~ throughout the period of such delinque~'y.
H.25 22 SD
State stamps paid and cancelled on wiginal of this note in the amount of S -
NOW, THEREFORE, the MORTGAGOR for the pu.pose of setuting tF+e psyment of the said wrm of S 1-~s ~0~.~5!. snd the
performance of tF+e covenants a~+d agreements F+ereinafter ezpressed, and tw divers ~ood and valwble c«?s~deations, by tF+ese presents, docs
grant, bsrgsin, se:l, rcmise, rekau, convey and confimn unto the MORTGAGEE its wccessws a~d assigrts, all thst certain bt, piece or parcel of
Iand, sitwse, lyi~g and being in the County of St. LUCle . and $tate of Flwida, described as follows:
Lots 6, 7, 8 and 9, Block 56, WHITE CITY SUBDIVLSION, according to
the plat thereof as recorded in the office of rhe Clerk of the Circuit Court
of St. Lucie County, Florida, in Plat Book 1, page 21.
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v 1 r~i 1? ' i. ~ i~ A RECEI1fEA ~~r IN PAY~IEI'IT OF TAXE$
L: ~ i)CCU~~:_~' ii:~"'_ i'~~•'r~ i;•!~ OIiE QN CIASS "C' INTMII'IBLE PERSCNAL PROPE4TY,
= _
z - - r'~' = PURStfAMT TO CtfAPTLR 20724. ACTS OF 19iL
' i .K,t 1s~21 . _ . . ~it :'a-1 = -
~ ~ _ :t2 2 5 ~ = aoc~ Por~ras, ck~ a+~d ~~rt -
w v ~~:c.oc :.crt>.wt~~ •sS Agd~t tot DANIEL N. KNOWLES, !R -
~.8.l9CII_ ~a~.~-- 'r
S~. LIICK Tu COI~E~O~ THIS INSTRUTAENT WAS PREPARED
~~~j BY jerome D. C~.~inn
• Q.. ~ ~Ll~t.LC~ SMITM. HEAT?i, Sh1ITF1 1~ ~N/11RE . .
P. O. BC X 51 B
~~((1Y VERO BEACH, ~IORIDA 32960
trgethe~ with all ar~d singula~ the tenemenfs, hereditaments and appu~tenantes thereun~o belonging or in anywise appertaining therete, and
I r r rofit cru~n and to atcrue from said remises, all of whith are inCluded in the above and foregang de-
a I ents, issues, p otee.is and p s x g P
sc.i t:on and habendum.
P
TO HAVE ANa TO HOLD the abwe described and gnnted premises u~to the sa~d MORTGAGEE, its wccessors and assigns forever_
,
Md the said MORTG/?CAR for L~lI. heirs, executors, administratan and assigns, hereby covenants with the said MORTGAGEE, its wctes-
so.s and auigru, _ they are_ _-----------,,wf~,w seized of the said premises in fee simpte; that the same are free. clear and dis-
charged from all liens snd encumb.ances in law or in eduity. and that ~1~~l _ will and t~le1X - hein shall warrant and
defend the t~tle to the same ro the said MORTGAGEE, its successoa and assigns, fwever against the tawful claims and demands of all persons;
PROVIDEO. /1lWAYS that if t!x MORTG/1GOR shall pay unto the MORTGAGEE the promissory note hereinbefore destribed, and
shall truly, promptly and fully perform, dixF?arge, execute, complete, compty with_and sbide by exh and every the stipulatio~s, agreemenrs.
conditions anA covenants of said promissory note and of this Mortgage, then thi5 Mortgage and fhe Estate hereby created shall cease and be
nutl and vniA ~
1"~' fS U~~UERSTO(.`D rnat ~he wwd "Mortgagcr" whether in tF~ singular or plural anywhere in this Mortgage, shatl be singular if one
only and s.tiall be p~urat jo~ntly a~d seYerally if more than o~e. and that :?+e word "Their" as used anywhere in th~s Mortgage shall be takrn _
ro mean "his," "her," o. "~ts." where~er the context so implies or admits_ Also, that wherever there ii a refere.~+ce in the covenants and
ag.eements herein contained to any of the parties hereto, the same shall be tonstrued to mean as well as the heirs, legal representatives, wc-
cess~rs and ass~gns 1e~tl~e. volu~tary by att of the parties or involuntary by operat~on of the tsw) of the same and that the covenants herein
conta~nzd sha11 b~nd and th~ben~f,ts ~nd ad~antages inure to the respective F?e~rs, legal representat~ves, successors and assigns of the
„art~CS hlref0.
Md said Mortgagors, fw themselyes and their heirs, legat representatives, successo~s and assigns, hereby jointly and severa~ly covenant
and ag~ee to and w~th the sa~d MORTGAGEE, its wccessors and ass~gnr. .
1. To Ray all and singular the prinupal and interest and the various and wndry wms of nwney payable by virw- of said prom~ssory
rote, and this ~r?ortgage, each and every p~ompNy on the days respect~vely the same severally become due.
2_ To pay all and singutar the taXes, sssessma+ts, kvies, lis5ilities, obligatians and inaxnbrsnces of every nature and kind now o~
said destribed prcperty, or tfiat F+ereafter may be lmposcd, wffered, placed, lev~ed, or assessed fhe.ecr+ or that hereafrcr msy be lev~ed w {
assessed upon this Mortgage, or rhe indebtedness secwed hereby, eath and every, when due and payabTe
"xco.ding to law, before rhey be- L
come deLr?pvent, and befae a~y i~terest a?taches w any penalty is incurred; and insofar as arry thereof is of retord the same shatl be promptly
sat~sfied and d~uharged ef recor~and the ong~real offiual document twch as, for ~nstante, the tax receipt or the satisfact~on paper oftiCialty
enAo.sed or ce.-t~fie~ sfati be plxed in the ha~~s of said MORTGA;,EE w~th~n ten days next after payment; and ~n the eve~t that any the~eof
~s nat pa~d, satisfied anA discharged, sa~~ MORTGAGEE may at any time pay the same or any pa?t thereof without waiving or affec~ing any
opt~on, lim, eQuity, cr right under or by virtue of this MortgaQe, ar?d the full artwunt of eath a~d every wth ?ayment shsll be immed~at!(y
due and paraEle and slvtl bear interest f.om the date ~here~f until paid at the rate ot~ and7Q(-~Q~](per centum pe. annum and to~ethe._
w~-?, wch ~.,te.est shalt be ~,,.~a b„ t?,~ ~~e.. of ~h;: ~,b.t~a~. seven Olle ~uarter
3. To plxe snd connn~r~usly keep on ti+e bu~ldings now or hereafte~ sitwted at ssid Iand a on all epu~pmenr ana persor,airy cor-
ered by this mxfgage, w~th a~l promwms the~eo~ pa~d in full,' fire_ioSurante in the uwal standa~d pohtv fwm, ~n.-a wm appro.ed by th.~
RqGRTG/1GfE, and tarnsdu ~nsu~ante m the uswl stsndard poliCy form,in a wm approved by the MORTGAGEE, in wth tompany or compsrnts
as the MORTGACEE may d~.Kt; and all ~ire and tornado inwrsnce policies o~ any of said bui{dmgs, any ~nterest there~n w p~.t thereof, in the
a~gregste wm sforesaid w in e~ccess thereof, sF?all ca+tsin the uswl standard mortgagee cisuse o. such
other clause ss the Mortga~ee may
reQu~re, mskina the toss under sa~d pol,cies, each and every, paysble to said MORTG/1GEE as its inurest may appear, and exh and eyery
wch pol~cy shsll be p.omptly assi~ned snd delivered to se.d heW by sa~d MORTGACEE ss fu~ttier secur~ty ro sa~d mortgage debt, and, oot
kss thsn ten (SO? dsys in advance ~f the e~cpi.ation of esci, pol'~cy, ro dd~„er to said MORTG/1GEE a renewal tha~eof, togetF+er with s reteipt
!o~ the premrum of suth .enewsl; and there s1v11 be no fire o? fanado ~nsursnte plxed rx+ any of said bu~~d~.+¢s. sny ~nterest thcre~n w
psrt thcreof, unless in the torm and with the loss payabfe as sforesaid; and in th~ ~vent any wm of money becomes psyabk w+der wch
r~~wo-:s~-soo-~-ev-a
~ ~k1~3 2809 `
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