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Home My WebLink About3423 ~~3902 This ir~cE~:7URE, tia~,~~ ~he 12th p,Y of December . A D 19 72 , bet~.een TYLANDER LUMBER COMPANY, a Florida corporation T $t. Lucie Caunty, Flor~da, he~eina~ter designateJ as fhe "hQORTGAGOR," :,nd FtRST FEDERRL SA~~?!~GS ar~D :OAN ASSOCIAT~O!1 OF ~^1DIA~J F'.I\'"eR COU^!TY, a coiporafi.:n ors3•~~ze~ an,i ex~st~ng under the ta..s of the Umtcd S!ates ~f Amcrita :~~d h~~~n:; ~ts p:inc~pa! p!_~Ce of hu,~ne~s ~n t`~e ~ity of Vero 6eaCh, Ind:•~n River ~ounty, Ftor~da, her~iri.~i;e~ dcsis;natcd as th~~ "\10RTGA~,c~." ~jF:EAS the ~!ORTGAGOR ~s ~u~tly ~n:iebted to the t~10RTGAGEE in the sum u{ Forty-three Thousand and n~~~~"~"'--'-~~-~~~'--~ t5 43,~~~.~~ ) ~~tt.~:s. E;.oci ~n;] 73~vfui m:~ey o! rhe Un~t~d States a~iv:~need t~y th~ ~!ORTGAGEE unto the ~10RTGAG~n, as evidenced by a eertain promi7sory nate ~f oven d~te h~ri~witi~, of wh~Ch tne foll...v~ng in ~~orc;e ~nd figurc5 ~S ~ truC CQpy, tOnvit: ; 43,000.00 r~ . Vero E3each, F1oriAa, December 12, 19 ~2 Fcr value rece~ved 1:,r we ~o~ntly or sc~•cr~lly prem~se ro pay to FIRST FE~ERAL SAVIt~GS AND IOAN ASSOCIATION OF INDIA*! ~fVER COUNTY, the sum of 5 43,000.~0 , at its off~ce in Vero 6each, Flur~da, w~th interest at the rate of 8 . !~r•t ~••n~•••. thr fol(awing mann¢r: a 359.67 up^n the first of each and every month hereafter un!il the full prln-,~pal sum, with interest, has becn paid; sa~d rmnthiy payments shalt be applied !~rst to the payment of interest on !he unpa~d balan~e, and then to the payment of prin~ipal. This nofe is negoriable and if detault in pavment octurs, may be placed in the hands of an attorney at law for collectlon, in which ~~:ent I or we agree to pay tFe ccs:s of cotlection, including a reasonabte attomey's fee, artd each of us, whether maker, guarantor or enderser, ^creby severally wai~es dem_~nd, n~c~ce of ~vn-oavmcnt and protes~ of this note. TYLANDER Ll1MBER COMPANY (Corporate Seal) BY ~s/ Willi_aiq _H. Ty~_~nder, President tsfat~ Attest /s/ Er~o1_ S~_ ~lille_s, Secretary csea+~ In the event any paymer,t i; n_~t m~de prior to the 20th day o; the month when due, then this note shal! bear intercit at the rate of frem the d.:te any such payment became due and throughout the period of such definquency. 9',/, $tate stamps pa~d and canoz~lyd on eri3ina! oi this n~te in the am~unt of S 64. S~ , NOW, THEREFCRE, the MORTGAGOR for the pu~pase of securing the payment of the sa~d sum of S ~?3~~00.00 and the ,;e~formance of the co~.fndMi and a~reements hereinafter expressed, and for divers good and valuabte ccrtsiderations, by these*fl[~sents, dc,es 3~~nt, bargain, sell, rem~se, release, convey and confirm unto the MORTGAGEE its successors and ais~gns, atl that certam lot, p~eCe a~ parcel of !and, situate, lying and being in the County of St . I.t1C1@ and State of Florida, described as foilows: Lots 2, 3 and 4 of INDUSTRIAL SUBDIVISION, according to the Plat thereof as recorded in the office of the Clerk of the Circuit Court of St. Lucie County, Florida, in Plat Book 9, page 5. TOGETHER WITH all of the furniture, furnishings, fixtures, appliances and equipment now in the buildings located on the above described property, and which may hereafter be placed in the buildings l~cated on said property, while any sum due remains unpaid hereunder. ~'ECEIVEO 3 ~Q This ~nstrwnent Was Prevared 8v IN PAYMENT OF 7AXES D. BAKL•R, ~R. - D'Jc" Or: CtASS •C' tNflINGIBIE PERSONAL PROPERIY~ , PURSU~It TO CHApTER ~1-134, ACTS OF 19I1. First Feder:f Savings and Loan ` ~OGER PUITRAS /~lrC~ /1ss'n of Indian R~vcr Gcunty # CLERK CIRCUIT COURT, ST. LUCIE Cp,, ~ O 2045-14th Ave. P.O. Box 1209 Vero Bcach, Florida 32960 t~gether with ail and singular the tenements, hereditaments and appu~tenances thereunto belonging or in anyw~se appertaining the~eto, and ~ii rents, issues, prcceedi and prof,ts accru~ng and to accrue from said prem;ses, all of which are included in the above and foregoing de- script~on and hab.:ndum. TO HAVE AtdD TO HOLD the above destribed and granted p~emises unto the said MORTGAGEE, its successors and assigns forever. successors And the said tv10RTGAGOR fo~ lt$~ ~ ezecutors, administrarors and assigns, hereby covenants wrth the said MORTGAGEE, its succes- >~rs and ass~gns, that lt iS lawfully seized of the said premfs~s ~n fee simpte; that the same are tree, clear and drs~ sucessors ~~~a~ged from all liens and encumbrances in law or in equity, and that lt . will and itS~ }~i lCshall warrant and ,:efend the title to the same to the said tiSORTGAGEE, its successors and assigns, forever against the la.vful claims and dem~nds o! all persons; PROVtDED. ALWAYS that ~f tne MORTGAGOR shall pay unto the MORTGAGEE the prom~ssory note hereinbefore described, and s^~II truly, premptly and fully perform, discharge, execute, comp(ete, comply w~th and ab~de by each and every the shpulations, agreements. c~nditions and covenants of said prr.~mrsory n~te and of this Mortgage, then th~s Alortgage and the Estate hereoy created slwll cease and 5e ruli and vr.irl IT IS U~+DERSTOQD that thc w:rd "Mortgag~r" whether in the singular or plural ar.ywhcre in this h4ortgage. shatl be singuiar if ene ~'y dnd 5!~aI( bc p!ural ~~intly ,~n.:~ ;=:cr,~ii~• ~f m~re than cne, a~d lhat tre ,vord "The~r" as usc~ anvwh~rc in th~s 1il~rtgage shall be taken me~n "his," "her," c~ "~t:," ~v~ee~ever tiie c::ntexi so imphes or admits. A.;o, that where•er t!+ere is a referenee in the eovenants and ~r,reemen:s herein r_ntamed to any oE the part~es hereto, the same sha~t be ecnstrued to mean as we%7 as the he~rs. legal representatives, wo- c,s;~r; .~nd as~~gns 'erther ~~ciuntary by aci of s!^e p~rt~es or involun:~rp by operaticn of the (aw) ot the samc an~ tnat rhe covenam; herein c-~ti~n:~d s~.i'1 ,~,~nd a~; i!~e ::~~n_~~r~ :.•,:i ad.antages ~nure to the respect~ve he~rs. Iegal representar~ves, succ~•s>~rs a~d ass,gns cf the ~nc~s hMCt,_ And said P.?,-rsa~crs. f_~r t^cm~,el,~; and thc~r he~rs, legal rea~escntatives, sutcesiors and assi~ns, here~y ;ointly an.i ;^.er~ity c_~ve^anr ^d agree to ~n~a .tiith th•_ ;,,id'v10~iTi:,r~GEE. :SS weeei>?rs and ai5~gns: 1. To pay ali and singu-a~ the prinap3! and ~nlerest and the variou5 and sundry sums of mcneY payab~e 5~ vt:tu^ of s~id prom:;s;ry ^-.tc, and th~; m:rtsatie, eac`~ ar.d r.ery p~;;mptly on the days respett~~•e+y the same severally bec^.me due. 2. To pay ali an~ s~n~;ultr r~,• taxes assessments, levies, lia~ilities, obfigations and incumbrances ot every nature and kind now on -~rd ~~scribed ~r.pertti, cr th,~t F.c•ra"rtcr m~; be imp~sed, suffered, p~aced, levied, or aiseszed therecn ar tnat her~attrr m3y be le.~ed or .,e .~~1 up.n t^i; 4,'o.t.;age, :r thr~ ;~c;r•;,rc~'ne:; secwed hereby, each and every, when due an~ pavable aCC~~d~ng t~ 'aw. before t~ey be- ~ me del:n]u^nf, Jnd tief_r~ „n~ ~r:r~rc,; a~+,,c`~~ , Gr any penat:y is inct;rred; and ~nsofar as any there~f ~5 of •ec:~rd the wme sh311 b_^ promptly at~st~ed and d~;c'~a~~e~' cf .ec;-~,-d ar.' t~~c ;r:g~nal cffiual dxument :suc~~ as, for ~n;tanee, ti-e ta+c receip; or tF~e ;;,t~;fatt,;,n p3per cff~ua'ly ~ nd~>ed or c.~r!1s,~d' s~.,~l tc p':;.e:f ~n t~e ~~nis :~f sa~d MORTGAGcE within ten days next after payment; an-f in thc e.ent that any the~~^~ s n~t paid, saresried an:i d~sch~,;~_~. ~,,,j M~RT~AGEE may at any time pay the same or any part thereof w~th,ut waivin: or affecting a~., -a~~~n, I~en, e~uit~•, er .~.;ht under _•v by ~~~tue ~f th,s Mortgage, and t~e fuli amcunt of each and every such payment zhal! be immed~ateiy ~:~e and pa~eb'e and ~'~~;f t;e..r mre~e,r frcm ti.e dare thereof until pa~d at the retB of~~aer cenlum per annum and toget~~er r.~!fi such interest shall ;,e sccu~ed nv the ~ien of th~s mertgage. el~ht 3. To place and c r,*r.,u:us!v keep en the bu~ldings now or hereafter situated cn said ~and and on a~l e~;u:~ment any pcrc~nalty C.~v- ~r~d by this m:,rt~are. .i+' pr~rr.;ums therc~n pa+d in fufl, fire inswante m the USUdI St.Tlti,t!d p:l,c•~ f.»m, ~n a sum .ppr.~•._'d by `.?GRTGAG~E. and tomau> ~n,u~ance in the usual standard poliey form,in a sum approved by the t~AORTGAGEE, in such company er eompan~es ::s the MORTGAGEE may dirntr; and all fire and t~~nado insurance policies on any of sa~~ buiSdings, any interest therein or part thereaf, in thr aggregate sum af~resa+d or ~n exce_s ihe~eof, shal! ~ontain fhe usual s~andard mortgagee c~ause cr such othe~ ctause as the Mortgagee may *~'qu~re, m3F.inG the I~ss u~der sa~d p_~6c~es, each and eYery, payable to sa~d !vlORTGAGEE as ~ts in!erest may appear, and each and every .c.ch pohcy shatl be promptiy ass~gned and delivered to and held by sa~d MCRTGAGEE as fu•r~er secur,ty to said mo.tgage debt, and, n~r ~;s than ten f IOi days ~n ad.ance of the ezpirati~n of each poGey, to deliver to sa~d MORTGAG~E a~enewal therec;f. t~gether with a reeeipt !~r the prem~um of such .enewal; and there shall be no fire or tornado insuranee ptaeed ~n any of s-313 hW~(~"~ti5. d:~Y ~~~terest therein or ;~art thercof, unless in the form and w;th the loss payable as aforesaid: and in the event any surr. of money betcmes payabte under such : . _ ~ . EOOr ~~J t'A(,E 4~,~ ~ , . _ _ . _ _ _ . _ ~