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2,~.3458 . ~ . : ,
THIS INDENTURE, Made the l~~h, . Day of january...._ D. 19 72 , between
.OSCAR MAIN and _MILDRED MA1N, ..his wife,.
of Sr, LUG1~ . County, Florida, hereinafter desi`nated as the "MORTGAGOR," and FlRST FEDEWIL SAVINGS AND
l0/1N /1SSOCIATION ~OF IPiQI/~N RiVER COUNTY, s torporafion organi:ed and existing under the laws of the United States of Ameriu ~
snd having its principal place of business in the Ciry of Ve~o Beach, l~dian Rive? County, Florida, he.einafte~ designa~ed as the "MORT~AGEE."
WHERE/1S the MORTGAGOR is justl~( j~q~ tj ~he MORTGAGEE in the sum or'~??enty-six Thousand and._no/100-
- - ~ ` - ` - - ' ' " ' ' " - " (S LO~ .l1UU. 1JU . Oollars, good and tawful maney of the U~ited Statcs advanced by tl?o '
MORTGAGEE unto the MORTG/1GOR, as evidenced by a certain promissory note ot eve~ date herew~th, of whith the fo~lowinQ in words
and f~g~res is a true copy, tawit:
S 26, 000. 00 No. _ .
vero 8each. F~o?;~,, _ January_ 18, ~9 7.2
For value received I or we joint~y a severa~ty prom~se to pay to FtftST FEDERAL SAVINGS /1ND LO/\N ASSOCIATIOPf OF INDiAt~t
~y~ r
RIVER COUNTY, the sum of S 26~ v-tiAl...QQ_ _ at its office in Vero Beach, Flwida, with interest at the rate of 7. 25 _ t
pe~ tent per annum, in fhe followin~ ma~ner;
s?~S• ~Q___ - upoh the first of tath and every rtwnth hereafter untit the fuN principal sum, w;th inte?est, has been paid; said
monthly payments shall be applied first to the payment of interest on the unpaid balance, and the~ to the payme~t of printipal.
This note is negotiable and if default in payme~t octu?s, msy be placed in the ha~ds of an attorney at law for collection, ;n whith `
event I or we agree to pay the cozts of totlettion, includi~g a reasonable atto~ney's fee, and each of us, whether maker, guarantw or endorser,
hereby severally waives demand, r?otice of rw~-~avment and protest of this note.
/s/ Oscar Main _ika,~ ;
-
s . Mildred Main . - - - -~s~,n
In the event any payment is not made prior to the 20th day of the month when due, then this note shall bear interest at the rate of
~k9(~ from the dale any such payment became due and throughout the period ot wch delinque~cy.
8. 2 `'J
State stamps paid and cancelled on original of this note in the amount of s 39. . ,
NOW, THEREFORE, the MORTGAGOR fot the purpose of Sewring the psyment of the said wm of SZ-6~-~~•.~-- and tF+e
perforrrwnce of the cove.+ants and agreements hereir+atter expressed, and for divers good and valuablr considerationz, by these prcsents, does
grant, bargain, seU, remise, release, co~vey and confirm unto the MORTGAGEE its successors and assigns, alt that certain lot, piece w parcel of
land, situate, lying and being in the Counry of SZ• ._L•~_Cl~ and State of Flweda, desc~ibed as follows:
Lots 6 and 7 of MA IN SUBDIVISION as per plat thereof on file in Plat Sook 14,
at page 30 of the public records of Saint Lucie County, Florida.
S~t~~s t=t-;=~.4)F~It;A
? ~ L)v^C:lit~!t~;:_+f~"''='_:\TI:i~F~ ~'•X .
; . . -
j ^ FEd-8'72 _ - `
_ _ 9 0 0 _
~ ^ r' ' THIS WSTR~t.!E\7 \L'AS ~REGARED Bl
V ~ 4 ~ JE:iOti;E D Q~ilfvtv
(j~ t~liT.,f ki:2t:li~? ~Y-. ` $MITN, HEA7H, S41iTH AND O'M/11Rf
~ a. i 9 0 t t 2 P. O. BOX 518
i s.~ d6 VERO BEKH. FLORIDJI 32960 j
RfZ'iE1Y~ IM lRYlb[f Of iAKEZ
0l1E Ol~f a~ y,' M~AIMlME ~NAI PA~EAIY,
PURSt1AKi TO GW1~ 11-33~. KiS Of 19I1.
R06EA POfTqAl~ C~alt iCira~t C~?A. St I.rci~ Co. fia
.3 Q'
together with all a~d singular the teneme~ts, hereditaments and appu~tenances the~eunto belonging or in anywise appertaining thereto, and
all rents, iswes, proteeds a~d profits accruing and to accrue from said premises, att of which are included '+n the above and fwegang de-
SCription and habend~.wn.
TO HAVE AND TO HOLD the above described and granted premises unro the said MORTGAGEE, its suctessors and suigns forever. ~
Md the said MORTGAGOR fo.their _,,~;n, executors, administrators and assigns, hereby covenants wi!h the said MORTG/1GEE, its wtces-
sors and assigns, ~?,ar .they are ______uwf„n,, x;:~ of the said premises in fee simple; that the sar»e are free, tlesr snd dis-
charged from all Iiens and encumb.ances in taw or in equity, and that they a~ their shsll warrant and
defend the title to the same to the said MORTGAGEE, its succeuors and auigns, forever against the lawful claims and demands of stl persons;
PROVI~ED, AlW/1Y5 that if the MORTG/1GOR shsll pay unto the MORTGAGEE the promissory rate hereinbefore destribed, u?d
shatl truly, promptly and fully pe~fwm, dixharge, execute, complete, comply with and abide by each and every the stipulations, agreements.
conditions and covenants of said promissory note and of this Mort~age, then this Mortgage and the Estate herel~y created sl+all cease and be
null and voirl
IT t5 U~/DERSTOOD that the word "Mortgagor" whether in tir. singular or plura! anywhere in this Mortgage, shall be singular if one
only and shall be plural jointly and severally if more than one, and that the word "Their" as usCd anywhere in th~s Mortgage shall be takem
to mean "his," "1?er," or "its," wherever the context w impiies or admits. Atso, that whereve. there is a refere.xe in the tovena~ts and
ag?eements herein tontained to any of the parties hereto, the sar»e sha~l be construed to mean as we!I as the heirs, legal representatives, wc-
cessors and ass~gns (either voluntary by act of the parties or involuntary by operat~on of the law) of the samc and that the tovenants herein
ce~tain~d shall b~nd and !he benetits and advantages inure to the respeClive heirs, legal representatives, sutcessorg and assigns of the
~art~es hereto.
And said Mortgagors, for thernselves and their heirs, legal representatives, suctessors and assigns, hereby jointly and severally covenant '
and agree to and with the said MORTGAGEE, its successors arx! assigns:
I. To pay all and singular the principal and inte~est and the-various and wndry wms of money payable by virtus of said promissory
note, and this mortgage, each and every prompt(y o~ the days respectivety the same severally become due.
2. To pay all and singular the tazes, assessmmts, levies, lis5ilities, obligations a~d incumbnnces of every nstur~ snd kind now on
said describpd properry, or that hereafter r»ay be impOSed, wffered, placed, levied, or assessed thereori or that hereatter may be levicd ot
~ assessed upen this Mortgage, or the indebtedness secured hereby, each and every, when due an~ payable acc~rding to law, bef~re they be-
come ~~I~nquent, and before any interest attaches o~ any penalty is incurred; and insofar as any thereof is of retord the same shall be promptly
sat~sf~c~ and discharged of retord and the original oificial document (such as, for instarxe, the taz receipt or the satisfaction paper officialty
endorsed or tertified! sha11 be plated in !he hands of said MORTCAGEE with~n ten days next after payme~t; and in the event that sny thereof
is not paid, satisfied and distha?ged. said MORTGAGEE may at any time pay the same or any part thertof without waiving or afteCting any
opt~on, lien, equity, or right under or by virtue of this Mortgage, and the full amount of each and every such payment shall be immediately
due and ,~ayable and shall bear inte?est from the date thereof until paid at the rate of ~y~]~}[~~( per centum per annum and together
with such interest shall be secured by the lie~ of this mortgsge. SeVell aTK~ Olle- C]UaTCer
3. To place and continuously keep o~ the buitdings nuw or hereafter situated on said land and on alt epuipment and pe.sonaity cw-
ered by this mortgage, with all premiums thereon paid in full, fire inwrante in the usual standard policy form, in a sum approred by Ih~
MORTGAGEE, and tornado insurance in the uwal standard polity fotm,in a wm approved by the MORTCAGEE, in wth tompany or torr~pa~ies ~
as the MORTGAGEE may di?ett; and all fire and tornado inwrance policies on a~ of said buildings, any interest therein or part thereof, in the ~
aggregate wm aforesaid or in excess thereof, shall contain the uwal standard mortgagee ctause o. such other clause as the Mortgagce may ~
require, making the loss under said policies, each and every, payabfe to ssid MORTGAGEE as its inte~est may appear, and exh snd every ~
such policy shall be promptly assigned and delivered to and held by said MORTGAGEE ss fu.t~,er security to said mortgage debt, and, not i
less than ten (10) dsys in advance of the ezpiratio~ of exh poliq, to deliver to said MORTGAGEE a renewat thereof, togethe? with s receipt i
for the p.emium of such .enewat; and there shall be ~o fire or tomsdo insurance placed on any of said build~ngs, any interest therein w
part thereof, unless in the fo~m and with the loss paysble as afwessid; and in the event any wm of money becwrns psy~b!e under wch
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