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Home My WebLink About1668 . TH~S 1hDEr~TURE, ht,ae ~hc 12th p~y ot October ~!~(1~~~ , q. p. 19~2 , between vV WARREN G. WIN!?SOR and LILLIAN WIND50R, his wife - - $t.Lueie County, Florida, he~cinafte~ designated as the "MORTGAGOR," and FIRST FEDERAI SAVING$ AND :CA~1 AS`.CU~~T!O': OF 1NDIA~J R!'JER r~1' ~"~T`~ a corporation o~gan~zed and existing under the laws of the U~ited States of America a~d h~. ~r~:; ~ts pr,nc,pal p!~cc c,4 t usina~i ~n the C~~y of Vero Bexh, Ind~an K~ver County, Florida, hereinatter des~gna~ed as the "M~RTGAGEE." VHEFEA~ thc h10RTGAGOR ~s jwtlx~+ .i~t ~ty~~d to the MORTGAGEE in the sum of ~aenty Seven Thousand and nO~j~~ ;g L/~~VV.VO ) Do~(~~s, gooc! ~nd lawful m~ney of the United States adv~nCed by the htpRTGAGEE unto the MORTGAGJ;~, as ev~c'.enced by a certa~n prom~ssory note of eve~ date here.v~th, of whieh the folloLVing in words and f~gures ~s d truC CUDr, t0-'.vtt: 5 27~000.00 No. _ Vero Beach, Fto~ida, October 12 19 ~2 For value recci.ed I cr we ~~~ntl~ or se.crally prom~se to pay to FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF INDIAN 41VER COUNTY, thc sum of S 27~~OQ.~O , at its office in Vero Beach, florida, with interest at the rate of 7•25 ?er cent per annum, in the foliowirtg m~nner: a 213 .~F 1 ~p~n the first of each and every month hereafter until the full pnnc~pal sum, with interest, has been paid; said monthly p~yments sh,ll be ~DP~~~~ +~r5t to ?he pavment of interest on the unpaid batance, and then to the payment of printipal. This note is negoti:~~le and ~f defau!t in Qavment otcurs, may be placed in the hands of an attorney at law for collection, in which e:ent I or we agree to pay t~e cesis of collectien, including a reasonable atto~ney's fee, and each ot us, whether maker, guarantor or endorser, ~.creby severally waives dem;~nd, no•~te of n~~-Davment and protest of fh~s note. /s/ Warren G.__Windsor _ tseai~ /s/ Lillian Windsor _ _ _ cSeai~ In the event any payment iz n~t made prior to the 20th day of the month whe~ due, then this nete shall bear interest at the rate of ~82s~ frcm thc d~tc sny such pa~ment bccarne due and throughout the period of such delinquency. $ • 25~ 40. 50_ - State stamps paid and cancelle•_i cn original of this note in the amount of s. . NOW. THEREFCRE, the ~10RTGAGOR fur the purpose of securing the payment of the said sum of S~ 7 s~~~• and the ,,erformance of the co:enants and a~reements hereinafter expressed, and for divers good and valuab~e co~siderations, by these presents, does g~ant, bargain, sell, rem~se, release, convey and confirm unto the ti10RTGAvEE its suctessors and assigns, all that tertain lot, piete or parcel of . !and, situate, lying and bein3 ~n the County of St. LuCle and State of Florida, deuribed as follows: Lot L0, Block 78, LAKL~4100D PARK, Unit no. 7, according to the Plat . thereof as recorded in Plat Book 11, page 13 of the Public Records . t of St. Lucie County, Florida. . sa N° ~ ~ This instrument was prepared by N ~tAtS'C ~r'""°'~ pF 1911. , Marc Griffeth ~~T T'0 C1~'1~ 7t-134. Il~i~ ,,~r j of ~~~Wp~t~ µ first Federal Savings and Loan Ass n. of Indian Rivcr ^oun y 2045 -14th Ave. P.O. Box t109 Yero Beach, f lorida 32960 ~ t~gether with all and singutar the tenem~nts, hered~taments and appu~tenances thereunto belonging or in anywise appertaining thereto, and I all renis, issues, proceeds and profits accruing and to actrue from said premises, all of whiCh are intluded. in the above and foregoing de- ' scription and habendum. TO HAVE A~JD TO HOLD the above described and granted premises unto the said MORTGAGEE, its suctessors and assigns forever. ` And the said MORTGAGOR for thel~eirs, executors, administrators and assigns, hereby covenants with tFe said MORTGAGEE, its succes- ~ s:;rs and assigns, that they aX'e - lawfully seized ot the said premises in fee simple; that the same are free, tlear and dis- ~ ctiarged from all liens and encumbrances in law or in equity, and that they _ W~~~ a~ their_ ~;.s shall warrant and .:efend she title to the same to the said MORTGAGEE, its successors and assign~, forever against the lawful claims and demands of all persons; PROVIDE~. AL\'VAYS that ~f the MORTGACAR shall pay unto the MORTGAGEE the promissory note hereinbefore described, and s~3li truty, prcmptly and fully perfo:m, d~scharge, execute, complete, comply w~th and abide by each and every the st~pulations, agreements. c~ndi!ions and covenants of sa~d promissory note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be nu~l and vniA - IT IS tit.DERSTOCD that the word "E~lortgag:;r" whether in the singulor or plura! anywhere in this Mortgage. shall be singula? if one :nly and s~•ail be p!ural j~int?y end 5~veraliy if more than one, and that tne word "Their" as used anywhere in this Mortgage shall be taken me~n "h~s," "her," c~ ";ts." w~,en=ver the c~ntext so imphes or admiis. A~so, that wherever there is a?efereate in the eovenanis and a:,reemcnts herein c~ntained t~ any o` the pa~t~es he.eto, the same shall be con;trued to mean as weN as the heirs, Irgal representatives, wc- cass~~s .ind assigns ~eithe! •:eluntary by act of the pa:ties or inv~luntary by operat~on of the law) ot the same and that the tovenants herein :~r3~n~d s~~!! bind a~d r~e ;.enc'~rs ::-,:i ad~.anrag~s inure to the respectlve he~rs, ~egat representatwes, successcrs and assis~s of the ~.irtiCS h@rCtv. And sai~ R4~rtgaror;, f~r them.el.es and their heirs, legal representatives, successors and assigns, hereby jointly an~ seve.al?y cove~ant s^d agree to anJ n~th thC said A10RTGAGrE. ~ts successorz and assigns: l. To pay ali and singular the prinupal and interest and the various and sundry sums of money payable by virtu~ of said promi>s~ry ~_~te, and th~s m~~tgage, each and e~ery promptly on the days respect~~efy the same severally become due. ` 2. To pay atl and singulcr the taxes, assessments, levies, lia5ilities, obligations and intumbrances oi every nature ar~d kind now on ,:,~d descri5ed pr_pertv, cr that F.e•ca~!er mav be impcsed, suffered, p!aced, levied, or assessed thereon or that hereatter may be levied or ~ ;~-:,ed up-n t~is htor,gage, or the ~r,-+,ebtedness secured hereby, each and every, when due and payable acc~~ding to I~w, before they be- c me del~nqu^nt, a~d bet~~e am ~nreresr astaches or any penatty is incurred; and insofar as any thereof is of reeord the same shall be promptly ~ 3t~sf~ed and d.scha~ged cf rec^~d and t~e ong~nal etf~c,al dxument (;uch as, for fnstance, the tax receipt or the satisfaction paper officially ~ c~ndorsed or cerrrf,ed~ s~:~~! 6e p!aced in the han~s ~f said MORTGAGEE within ten days next after payment; and in the event that any thereof f ~ ~s n~t paid, sat~sficd and discha~ged. sa~~ ti1pRTGAGEE may at any time pay the same or any part thereof without waiving or a etting a~ - ~t~on, lien, equity, or right under ~r by v~rtue of tHis Mortgage, and the full amount of each and every such payment snall be immediateiy ~ .i~e and pa~ab'e and s~all bc,r ~nte~est from tne date thereof until paid at the rate of ]f?fJt lis per eentum per annum and together :,,~±h such in!erest shall be secured by the lien of thfs mortgage. -~~~an~ one-quarter ~ 3. To place and c nr~nu:;.rsly keep on the buildings now or hereafter situated en said land and on alt equipment and personaity cov- ~~~ed by th~s mrtgaqe, w:*ti .a~' p~er*'ium; thereon paid in full, fire insurance in the usual standard p~hty form, in a sum apprcved by thc '.'^vRTGAG:E. and rornad? ~nsurance in the usual standard polity form,in a sum approved by the MORTGAGEE, in such company or companies ~ the MORTGAGEE ma~• d~rect; and all fire and to+nad~ insurance ~olicies on any of sa~d buiidir.gs, any interest therein or part thereof, in the agtire3ate sum af~resa~d or ~n excess thereof, shall contain the usual standard mortgagee ciause cr suth other clause as the Mortgagee maY rcqwre, mak~ng the loss under said p~~ic;es, each and e~ery, payable to said MORTGAGEE as its interest may appear, and eath and every such poiicy shall be premptly ass~gned and delivered to and held by said MORTGAGEE as fu~t~er security to said mortgage debt, and, not ess than ten (l0i da~s in ad~ance of the expiratio~ of each poliq, to deliver to said MORTGAGEE a renewal thereof, rogether with a receipt for the premium of such renewat; and there sh:.ll be no fire or tornado insurance placed on any of said buildings. any inte.est therein or part thereof, unless in the form and with the loss payable as aforesaid; and in the event any sum of money becomes payable under such d1P ~ e0C!I~V / r~•i,~ ~~)tt".) ~ - ` ''^~r:~~...~- ~ _ ~Y-~:`~~~ ~