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HomeMy WebLinkAbout2044 . ' Trus i~rnva~, t~aa. 1 Zth . ow o~ . . il . . a ~ 9 72 . e.nw..~ E.[~GA~t N. 4ARK~~ ~t1d I.~C}IS GRACE ~ARKER, hi~ wife, . _ . St.. Lucie Co~nty F~;e.. M..~..h.. e.~v~•~ •~~~~+c~ok' F~~ FEOEiW. SAVIPICS AtVC IOAN NSSOCiAT10N OF INpI/W RIVEI~~ C~pUNTY, a oo* ation a~anii~d ~nd ? fht laws o1 th~ Ue~itad $?ata ol Amarlca a.d h~~i~ in pinc~pal ~ao~ d busa,e:s in H+~ G~r ot V~.o ~ Indian R~vs. Co~x+~r, Fbrid.. ?~.e~+vf~c+ desip~s~ed as ~he ..MORTGIILEE.•. WHERE/1S ths MORTGAf'+QR it N+st ~TwcEE of Seven Thousand_ and noj100-- ~ ~ MOItTC11GEE unw tM MORTCACOR. as ~vid~nc~d~ in) ~~~awtul money ot th~ U~ited States sdvae~ced br th~ and fi~wes is a trw a°f^'uO~1' ^OK of cven dat~ he.ewith, of wh;~h tF+~ foltowiey in wo.ds oopY. to-wit: s 7, 000, 00. • . No. _ • - - - v.ro e~~. Fb.~~.. . _ APri~ 1-7~ . - - - - - - ~9 Z2. For vah,e received 1 0~ we joinfly or seve.ally pro~nise to pay to FIRST FE~ER/1L S/1VINGS MIO LOMI ASSOCIATION OF INDIAN RIVER COUNiY, the sum of :7~ Q~Q~~.__ at its office in Vero Bexh, Florids, with interest at ths rate of 7. 5._. per oent psr anrwn, in t1+e followin~ rnarx~er. upon ths first of ~sd~ and every month hercafter until the full principat s~xr?, with interest, has been paid; said monthly payments shall be applied first to the payment of intercst on the unpaid balance, and then w the ;>ayrr~ent of p?incipal, This note is neQotiabk ar+d if default in payrnent occurs, rt~sy be placed in the hands of an attaney at law for colkction, io which event 1 or we agree to pay tF+e tosh of tolkctian, including s ressonable attorney's fee, and each of us, whether ;:ake~, guanntor or eridorse~, F,ereby severally waives demand, notice of non-oavment arxf protest of this note. ~ /sj_,Edgar_H. Barker- - - - - - --ck~n s Lois Grace Barker _ / 1_--~------------------------------------- - - In the ev~t any payment is not msde prior tv the 20th day of the month when due, tfien this note shall bear interest st the nte of froen the date any wth psyment betame due snd thrt~ugFwtd the period of wch del;nquer~cy. g. ~ ~ . ~ State stamps pa~d and cancelled on original of this ~ote in the amax~t of sl~•. • NOW. THEREFORE. the MORTGACpR for the purpose of seturing the payment of the said wm of s 7t ~0• and t~a ~e?fonnsnce of tf~e covenants and agreements hereinaker expressed, and fo~ dve.s good snd valwble oo~sidentions, by these prose~ts, does grant, bsrgain, sell. remise. release. oonvey and confirr» unto the MORTGAGEE its su~essors and assigns, all that certsin {ot. piete w psrcel of land, situate. lying and being In the Couny of -------Ste L1~C~4---------- - a~d State of Florida. dexribed as follows: Beginning 20 feet South and 280 feet East of the Northwest corner of Lot 5, ihence South 344: 5 feet, thence West 90 feet, thence North 344. 5 feet, thence East 90 fPet to point of beginning, a subdivided part of Section 3, Township 36 South, Range 40 East, ~including improvements thereon and being further known as 411 Weatherbee Road, White City, St. Lucie County, Florida. : Ly THIS INSTRUMENT W/15 PRFPARFD BY ~ . ~ - " ' ~ ~ ~ T~ IEROME D. QUINN ~ ON CIASS ~AI~i1~ rERSaW. ~1Y. SMIT1i, HSATH. SMITFI /1N0 O'HNR[ n-~, ~"~.S Of 14ii. P.O. 80X S18 i~6ER ibITINS /J~! VEA4 BFJ4CH. FLORlQA 92960 ~ f~~I I~ilGIIT OOURT~ ST. LaIC1E 00~ r~ - ~ ~ together with all and singular the tenernents, he~taments and sppurtenar+ces thereunto belonging or in anywise appe~taining therew, and aN rents, issues, proceeds and profits aocruing and to aocrue from said premises. al~ of which are included in the above ar~d foregoing tfe- scription and hsbendum. 70 H/WE AND TO HOLD tFie above described and grsnted premises unto the said MORTGAGEE~ its wcoeswrs and sssigns forever. ~ Md the said MORTGA~GOR forthelr.---heirs, exccutors, administraton and auigns, hercby cwt~ants with ttie said MORTG/IGEE, in yuoces- ~ ~a ~t---~ they, are----------~.~_~wr~,~w x~~a ~ rn~ ~~a pranises in fee simpk; that the san+e arc free, tles? snd dis- charged from all liens and ericumbrances in law or in equity, a~,a tf„c theY_--- ~n ,~,d their- shall warrant ud defend the titk w the same to the said MORTGAGEE, its wocessors snd assigns. forever agsirut the lawful cbims and dertwnds of al1 pe?sons; PROVIDED. /lLW/1Y5 N~at if tlx MORTCAGOR shall pay unto the MORfGAGEE the promissory note herei~before destribed, a~d shall truly, promptly and fully perfwm. dstharge. exewte. camplete. comply with and abide by each and tvery the stipulatiau, ag~eernents. conditions and covenants of said promissory note and of this Mwtgage, tf~+ this Mo.tgage and the Estate hereby created shall cease and be nuU and v~oiA IT IS UI/DERSTOOD that the word "Mortgagor" whether in tFr. singular or plural anywhere in this Mortgage, shall be singular if one only and shall be plural jantly and severally if more than one, and that the wwd "Their" as used anywt~ere in this Mortgage shal! be t~ken to mean "his," "her." or "its," wherever the context so implies w admits. Also, that wF~erever there is a refert:~te in the Covenants and agreements herein contained to any of the parties hereto, the same sF~sll be construed to mean as well as the heirs, legal representaNves, sua cessors and assigns (either wtuntary by act of ttoe parties o~ involuntary by operation of the law) of the sart+e and that the tovenants herein contained shall bind and tF+e benefits and advantages inure to the rospective heirs, legal ~ep?ese~tatives, successors and suigns of the partie5 hereto. Md said Mortgagors, for thernselves ard their heirs, legal represenbtives, suotessors and assigrK, hereby joinNy a~d severally covenant and agree to and with the said MORTG/1GEE, its sutcessors and assigns: 1. To psy all and singular the principat and interest and the variaa and wrdry wms of money payable by virtu8 of said promissory note, and this mortgage. exh u,d ere.r wa*w~h? on ~t,e dsy: .espect~~~y the su.~e s~r,eraty becane d~,e. 2. To pay all srd singular tt~e taxes. usessments, levia. liabilities. obligations snd int~snbnntes of every nature and k(nd now an said described property. or that hereaffer may be imposed, svffrred. Placed, levied, w assessed thereon ar that hereatter may be levied or assessed upon this Mortgage, or the indebtedness secured herd~y, each and every. when due and payabk accwding to law, before they be- • come delinquent, and before any interest attxhes or any penaity is inturred; and i~wfar as amr thereof is of retord the same shall bt pronptly satisfiod and distharged of retord and the original offitial document (wch as, for i~stance, the tax reteipt or the satisfattion paper officially endorsed or certifie~ shall be placed in the hands of said MORTGAGEE within ten days next after payment• and in the event thst any thereot is not paid. satisfied and discharged. sai~ MORTG/IGEE may ar any time pay the same or any past tF~ereof ~without waiving or sffecting sny option, lien, equity~ or right ~x+der or by virtue of this Mortgage, snd the full amount of each and eve wch payment shall be iewned'utefy due and paysble and shall bear intercst fran the date thereof until paid at the nte of$~~i ~ with wch interest shall be secuted by the lien of t}us mort~sga . P~ Der anrxnn and together 3. To seven and one-half place and contirx,ously keep on tF+e. buildings raw or hereaher situated on said land and on all equiprne~?t a.W persona~ty cov- ered by this mortgsge, with all premiu~m tF+ereon paid in fu(I, firc inwrance in the uswl standard poticy form, in a sum approved by t}+e MORTGAGfE, and rorr~sdo insurance in the uwal standsrd polic~r fonm,in s wm approved by the MORTGA(',EE, i~ wch oon+psny or oompanies as tF+e MORTGI~(',EE msy dirett; and sl) fire and tornsdo inswanoe polities on sny of said buifdirtgs. any interest tF+erein or port tt~ereof, in the aagre~ate sum sforesaid o? in exces~s tF~ercof. shsll conriin the uwst stsrdard mwigsgee clsuse or wth other clause u the Mwtt~Ba ~Y ?equin. maki~ the bn under ssid Potities. eath snd everY. WYsble to said MORTCJ~GEE as its interest may sppesr, snd eath srd swry wch policy sh~ll be pron+ptFy usi~ned and delivered to snd held b~? said MORTWCEE as fu.ther security to said mortgsae dabt. snd. not ~eu tlw~ ten (10) dsys in advsnce of N~e ezpintian of esth poli~y, to deliver w ssid MpRTG/?GEE s renewal thereof. together with • receipt fa the p.emiun? of wch renewat• and tF~e shalt be no fin or tornsdo inx.nnae placed on s~y of said build~ngs. any interest therei~ or p~rt tt~ercof. unien in the form snd with the lass p~yable as a/onesNd: sed in the event any surn of money b~oorr~es p~yablt urder wch snw~oe_,a•~~_v.~ g~201 ~20~2 ~ ,',~^~~~''"`'-~~_~.~a "''J ~ s'~x,'„E~~..+,.'~..'~ ~ _ - ~~i-~=. w