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Home My WebLink About1994 . ~WIa7 THIS INDENTURE. Made the .1Htt1 Oay of . _ _ . . . ...IY~~3( _ - ~ • • , q. D. 19 72 , between .__E._ C...COLLINS_and_MARILLA COLLINS, h~s wife, _ - - - - - . of St...~.UCie. County, Florida, hereinafter desianated as the "MORTGAGOR," and FIRST FEDERAL SAVINGS /1ND LOAN ASSOCIATION OF INDINN RIVER COUNTY, s corporation organized and existing under the laws of the United Sqtes ot Mnerita and hsving its pri~cipal plate of business in the City of Ve~o Beath, Indian River Counry, Florida, hereinafte~ designa~ed as t1+e "MORTWGEE." ~}{EREAS the MORTG/1GOR is just~1(r~ n~~q~ tj~ he MORTGAGEE in the sum of TWBIl~/-t(1I'~ ~lp(jS~jjd $j~(~. n0~ 1 W_ ~-~---•~~~~(s 4J~ lJl1lJ. Vll OoUars. 8ood and Iawfut money oi the United States advanted by tl+s MORTGAGEE unto the MORTG/1GOR, as evidented by a tertain p~omissory note of even date herewith, of which the followin~ in words a n d figures is a true copy, tawit: ~Q No. . . _ - • - Vero Beach, Florida. . . May 18a - - - - - 19 7,2 - Fw vslue received I o~ we jointly or severally promise to pay to FIRST FEDERAL SAVINGS MID LOAN ASSOCI/1TION OF tNDIM1 RIVER COUNTY, the sum of y~3a ~ at its office in Vero 8each, Fbrida, with interest at the rate of ~ per tent per annum. in the iolbwinR manner, s219a_$~ upon the first of each a~d every mo~th hereafter u~til the futl principal wm, with interest, has been paid; said monthly payments shaN be applied fint to the payment of interest on the unpaid bala~ce. and then to the payment of pri~tipal. This note is negotiable and if default i~ payment occurs. may be placed in the hands of an attorney at law for collection, in which event I or we agroe to pay the tosts of collection, intluding a reasawble attorney's fee, and each of us, whether maker, guara~tor or eodorser, hereby severa!!y waives demand, notice of ~on-wyment and protesf of this ~ote. /S/__E.._ C~_._COll~~ils.- - - --csea~~ /s~_ Marilla_ Collins - - --ck~~> In the eve~t any payment is not made prio? M the 20th day of the month when due, then this note shall bear interest at the nte of 7~'~i from the date any suth payment became due and throiighout the period of wch delinquency. 9• ~ $tate stamps paid and cancelled on aiginsl of this note in the amax~t of 534..rJ0._ NOW. THEREFORE, the MORTGACAR for the purpose of seturing the p~yme~t of the said wm of s~3>_Q~.QQ snd the performance of the covenants and agreements hereinaher exp?essed, and for divers good and valuable cauiderations, by these presents, dxs g?ant, bargain~ sell, remise, release. convey ar+d confinn unto the MORTGAGEE its successors and assigns, alt that tertsin lot. piete w p~rcel of land. situate. lying and being in the County of ____.St. .LUCle__ and State of Flwida, described as follows: Lot 5, Block "N" of DITTMAR & MCCARTY'S REVISION of their Resubdivision, as per Plat thereof on file in Plat Book 1, at page 3 of the public records of St. Lucie County, Florida. EXCEPTING therefrom the Easterly 10 feet thereof. All of the furniture, furnishings, fixtures, appliances and equipment now in the buildings located on the above described property and which may hereafter be placed in the buildings located on said property, while any sum due remains unpaid hereunder. ~ a IN P:., EMT OF TAXO r.-ns ~tisr~, n9:~;r WAS PREPARED 8Y D ,w• ; a p~ p~ ~S$ 'C' 1NTA41G1~~£ ~f. P~~ IEROME D. Q~lNM ~~Q j'~{~'t~ 7]•1~. ~iTS ~ 1y~1. C SMITFi. HEATH. SMITFI AND O'MAIRE ~ 3 ~ f q G E R P O I IRAS ~ P, O BOX 518 ~p~ pp~lti GOIIRT. S=. t~C{E 00` RJ6 v~ o s~cri. ~.oww? a~bo together with all and singular the tenements, hereditaments and appurtenances thereunto belonging or in anywise appertaining thereto, snd all ~ents, issues, proteeds and profits attrui~g and to attrue from said premises, all of whith are intluded in thc above and foregang de- uription and habendum. TO HAVE AND TO HOLD the above des~ribed and granted premises unb the said MORTGAGEE, its wttessots and assigns forever. And tF+e said MORTG/IGOR for thelr__.he;rs, executoa, administrarors and ass+grts, hereby tovenants with the said MORTG/1GEE, its wctes- sors and assigns, t~t.___ they__are______ _________i,w~,,~,, seized of the said premises in fee simpte; that the same are free. dear x~d dis- charged from all liens and e~tumbrances i~ law or in equity, and that . t~ wiU a~,a their---- ~~n sF+all warrant and defend the title to the same to the said MORTGAGEE, its wccessors and assign~ ~forever against the lawful claims and demands of all persons; PROVIDED. ALWAYS that if the MORTGAGOR shall pay unto the MORTGACEE the promissory note hereinbefore destribed, and , shall truly. promptly and fully perform, dixharge, execute, complete, comply with and abide by each and every the stiputatio~ agreements, conditiwis and covenants of said promissory note and of this Mortgage, then this Mortgage and the Estate hereby created sF+all tease and be ~ull and veiA IT IS U~IDERSTCIOD that the word "Mortgagor" whetF+er in tFr. singular or plural a~ywhere in this Mortgage. shatl be singular if one only and shall be plural jantly and severally ii more tha~ one, and that the word "Their" as used anywt~ere in this Mortgage sFwll be taken ' to mean "his," "her," or "its," wherever the context so implies or admits. Alw, that wiierever there is a refere.`xe in the Covenants and i agreements herein contained to any of the parties herete, same shall be consirued to mean as weq as tt~e he+rs, legal rtpresentatives, wc- , cessoa and assigns (either wluntary by act of the parties or involuntary by operation of the Iaw? of the same and that the covenants Mrein contained shall bi~d and the benefits and advantages inure to the respective heirs, legal representat~ves, successors and auigns of the aarties hereto. ! And said Mortgagors, for themselves and their heirs, legal representatives, suttessors and assigns, hereby janNy and severally coverwnt and agree to and with the said MORTGAGEE, its successors a~d assigns: ' 1. To pay atl and singular the printipaf and interest and the various and wndry wma of money payable by virtu~ of said promissory 'i note, and this mortgage, exh and every promptly on the days respectively the same severally become due. 2. To pay all ar~d singular the tazes, assessments, levies, liabllities, obligations ard incumbrantes of every nature and kind rww on said deSCribed prc~perty~ Or tFwt hereafter rtwy be imposed, wlfered, piated, levied, Or assessed thereon or that hereaftcr may be Iev;ed or assessed upon this Mwtgage, or tF+e indebtedness secured hereby, each a~d every, when due and payable actording to law, before they be- come delinquent, and before any interest attaches or any pe~alty is incurred; and insofar as any thereof is of reto?d the sarr~ shall be prompNy ! satisfied and dixharged of record and the original Nfitial doCUment (wch as, for instanCe, rhe tax reteipt or the satisfattion paper offiCislly endorsed o? certifie~ shall be placed in the hands of said MORTGAGEE within ten days next after payment; and in the event that a~y thereof I~ is not paid, satisfied and distharged, sai~ MORTGAGEE may at arry time pay the same or any part thereof without waiving or affecting sny option, lien, equity. or right under or by virtue of this Mortgage, and the tull amount of each and eve such payment shall be immediatefy ~ due and payable and shall bear interest from the date thereof until paid at the rate of per centum per annum and together i with wch interest shall be secured by the lien of this mortgaQa gl~}~t ~ 3. To place and continuously keep on the buildin raw or hereafter situated on sa~d iand and o~ all I BS equipment and perso~slty tov- ~ ered by this rtwrtgage, with all premiums thereon paid in full, fire inw.ance in t1+e usual standard policy form, in a wm approved by thc I MORTGAGEE, and tomado inwrance in the uwal standard polity iwm,in a wm approved by the MORTGAGEE, i~ wch company or compsnies ~ as the MORTG/1GEE may dirett; and atl fire and tornado i~surance polities on any of seid buildirtgs, any interest therein w part thereof, in the ~ aggregate wm aforesaid or in excess thereof, shalt contain the uwal standard mortgagee ciause or uxh other clause as the Mortgagee ma~ require, making the lou under said policies, eath and every, payabk to said MORTGAGEE as its interest may appear, and eath snd every , wch poliq shall be promptly assigned and delivered w and held by said MORTGAGEE as fu~rher security ro said mwtgage debt, and, not less than ten (10) days in advance of the expiration of each polity. b deliver to said MORTGAGEE a renewat tF?ereof, togetF+e~ with a reteipt fo? the premium of suth renewal; and there shall be '~o fire or tomado insurance placed on a~y of said buildings, any interest therein or part thereof~ unkss in tF+e form and with the loss psyable as aforesaid; and in the event any wm of money becomes payable under wch ( ssuc~soo.,:-~~~v.. sooK 2U~ P,~E 19~