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Home My WebLink About0127 , ti+~~~3~V~G ~ -a THIS INDENTURt .viade the 12th pay of _ _ `cember _ , A. D. i9 72 , betwren TYLANDER LUI~ER COMPANY: a Florida corporation ~ a _ . _ _ - c~~v St. Lucie T' of County. Florida, hercinafter designated as the "MQRTGAGOR," and FIRST fE~ERAL SAVINGS AND d~ ~OAN ASSOCIATSO!J OF INDIAN RIVER COUNTY, a corporatiu~ o~gan~:ed and existing under the taws of the Urnted States ol Amcrita ~ and having its principa~ p~ace of business in the City of Vero BeaCh, Ind~~n River County, Florida, hereinafter designaled as the "h10RTGAGEE." V . Fort three Thousand and 'a ' ~y EREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum of Y~ ri0/ 1~U----------------- (S 43 ~~~~.0~ ) Ooitars, good and Iawful m~ney ot ths United Statcs advanced by the MORTGAGEE unto the MORTGAG~R, as evidenced by a certain promissory ~ote of even date herewith, of wh~ch tF~e following in words y.,.~ ~ and I~gures is a true topy, t0-wit: ~ W 5 43 , 000. 00 N~. - . ° ~ ; Vero Beach, Florida. Aecemb~r .12_, ~9 72 ~W For value received I or we jointly or severally promise to pay to FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF INDIAN FIVER COUNTY, the sum of S 43,000.~0 at its office in Vero Beach, Florida, with interest at the rare of $ _ ai W per cent per annum, in the following manner: ~ 359.67_ ~ the first of each and eve month hereafter until the full principal sum, with interest, has been paid; said ~+~~1 = s- . - ry - monthly payments sha~l be applicd first to the payment of interest on the unpaid balance, and then to the payment of printipal. V~ , This note is negotiable and if default in payment occurs, may be p~?~ed in the ~~ds of an attorney at Iaw for collettion, in which p event 1 or we agree to pay the costs of collection, inctuding a reasonable attorney's fee, and each of us, whether maker, guarantor or endorse?, ~ v hereby severaily wai.•es demand, nut~ce of non-oavment and protest of th~s note. Tyj,AIijDER LIJMBER COA'IPANY ! By _.W~LI~a?~_H.. 1'yl_ander, P1~e~~d~~t _(Sea1) o ~ : (Corporate Seal) Attest /s/ Erro1 S.._ W~1~~~,_ Se~~ceta~y _ csean { In the event any payment is ~ot made prior to the 20th day o: the inonth when due, then this note shall bear interest at the rate of ~ from the date any such payment brcame due and througliout the period of suth delinquency. 9I, 64 SO . ~ ~ ` State stamps paid and cancel!ed on original of this note in the amount of s_ • OQQ 90 _ _ and the " ~ NOW, THEREFORE, the MOR?GAGOR for the purpose of seturing the payment of the said sum of S.~+3s. • uerformance of the covenants and agreements hereinafter expressed, and for divers good and valuable considerations, by these presents, does W grant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE its successors and assigns, all that certain lot, piete or parcel of ~°D N 0~0 ~ ~and, situate, lying and being in the County of St. Ll1Cie _ and State of Florida, described as fol{ows: _ - p~.~l N W ~ ~ a ~s ao w s+ ; ~a+~'~O ~ t Lots 2, 3 and 4 of INDUSTRIAL SUBDIVISION, according to the Plat thereof as Qi°b o~.d ' recorded in the office of the Clerk of the Circuit Court of St. Lucie County, ~ m ~ F l o r i d a, i n P l a t B o o k 9, p a g e 5. a o~~obd ~ TOGETHER WITH all of the furniture, furnishings, fixtures, appliances and e ui ent now in the buildin s located on the above described ro ert and ~ 9 P~ g P P Y~ ~bm u~ which may hereafter be placed in the buildings located on said property, N om a~ib c°~ a~ while any sum due remains unpaid hereunder. ~b ub ! ~ mb d s+ Y+ ` ~ a o r+ ~ ; This Instrument wa a~~ 8r aDer1 0~0 ~ Pl~ ~ ~ u~~s ~ RECEIVED DD ~p pAYMENT OF TAXES J, BAKER, 1R. ~ ON ClASS 'C INTAN(iIBLE PER90NAL PROpERlY~ at a1 'C~ 00 • d W i ' ; PURSl1ANT TO CHAPTER 71-134, IICTS OF 19) ~ First Federal Savings and Lwn p~ g ~ ~ i~ x, pp(;~ p~R~ Ass'n of India~ River County ~ CLERK CIRqlIT (~U(tT, St. UJCIE ~p~ FLI~ 2045-14th Ave. P.O. Box 1209 '~~N wo p ! Vero Beach, Florida 32960 y,~ ~ !~gether with all and singular the tenements, hereditaments and appu~tenances thereunto belonging or in anywise appertaining thereto, and er1 all rents, iswes, proGeeds and profits accruing and to accrue from said premises, all of which are included in the above and foregoing de- N O N ~ scriphon and habendum. ~ # ~ TO HAVE A~vD TO NOLD tfie above described and granted p~emises unto the said MORTGAGEE, its sutcessors and assigns forever. ; successors ~ F And the said h10RTGACAR fo. ].t$~ 7~~ executors, administrators and assigns, hereby tovenants with tF.e said MORTGAGEE, its succes- ~ ~ ;ors and assigns, that it iS _ ~aN,fully seized of the said premises in fee simple; that the same are free, clear and dis- ~ a.o = sucessors : t ,harged from all liens and encumhrances in law o? in equity, and that lt . wi11 and itS~ _~b~C shall warrant and ~ ~ Jefend the title to the same to the said MORTGAGEE, its successors and assigns, forever against the lawful claims and demands of all persons; ~0 ~ PROVIDED. ALWAYS tF.at if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore dexribed, and ~ shall truly, promptly and fully perform, discharge, execute, complete, comply with and abide by each and every the st~pulations, agreements. ~ ~ conditions and covenants of said promissory note and of this Mortgage, then this Mortgage and the Estate hereoy created shall cease and be ~ null and vo7r1 ~ IT IS U~/DERSTOOD that the word "Mortgagcr" whether in tFw singular or plural anywhe~e in this Mortgage. shall be singufar if one i ~:nly and s~all be plural jointly .,nd severalty if mare than one, and that tce wo.d "Their" as uscd anywh~re in this Mortgage shall be taken W~ mean "h~s," "her," or "~ts." where~er the context so implies or admits. Atso, that where~er there is a refere~ce in the covenants and , a.;.eementz herein contained to any o.` the parties hereto, the same shall be construed to mean as we~t as the heirs, legal representatives, suc- K ~;;~r; ~nd assigns !either veluntary by act of the parties or irnoluniary by operat~on of the iawl ot the same and tnat the covenants herein ± ~ c nta~n~d sha!I bind and the ben:flts :,nd advantages inure to the respective heirs, legal representat~ves, successors and assigns of the r3rt~es hereto. ~ And said A1ertgagors, for themzeives and their heirs, lega) representatives, successors and assigns, hereby jointly an~J s~verally t~venant ~ „~d agree to and with tne said ti10RTGAGEE, its successors and assigns: ~ 1. To pay all and singular the principal and interest and the various and sundry wrr?s of money payable by virtua of s~id prcrr.~ss~ry ~ ~ ~._te, and this mortgage, each and every promptly on the days respect~~ely the same severally become due. ~ ~ 2. To pay all and singular the taxes, assessments, levies, lia5ilities, obligations and incumbrances of every nature and kind now on 3 ;aid destribed prcperty, ~r that he~eaf'er may be ~mposed, w4fered, p~aced, lev~ed, o¦ assessed fhereon or that herea+tcr may be lev~ed or Ki ,,.ze,,~~d up::n this Mort~age, or :he ~ndebtedness secured hereby, each and every, when due and payable acc~rding to I~w, befure they be- ? c~me del~nqueni, and bef~re am• ~nterest attaches or any penalty is incurred; and insofar as any ihereof is of record the same shall be p:omptly ~ ~at~sfied and d~scharged ef record and the ong~nal otficial document isuch as, for ~nstance, the tax receipt or the satiiiattion paper officially ~ y cndorsed or certified! shali be placed in the hands of said MORTGP.GEE within ten days nexf after payment; and in the event that any there~~ i ~ :s n~t paid, sati;iied and discharged. said MORTGAGEE may at any time pay the same or any part thereof witheut waiving or affecting a~., cption, lien, equity, or right under or by virtue of this Mortgage, and the full ameunt of each and every such payment shall be immediateiy due and payab?e and shall be.ar interest from the date thercof until paid at the rate of per centum per annum and togethe. ~ _ .vi;h w:.h interest shall be secured by the lien of th~s martgage. e~ght ~ 3_ To plate and c%,ntinu~usly keep on the buildings now or hereafter situated en said land and on all eGuipment and persona~ty cov- - ~red by this m~rtgaqe, ~v~tn .~i; pren:iuMS thereon paid in fult, fire insu?ante in the usual standa~d p~l~cY fo~m, in a sum approv~d by tl~.~ '~'ORTGAG:E, a~d tornado ~nw~ance in the usual standard policy form,in a wm approved by the ~AORTGAGEE, in such company or companies : : s the MORTGAGEE may direct; and all fire and to.nado i~wrance policies on any of sa~d buiidmgs, any interest therein or pa?t thereof, in the ~ _ aggregate sum aforesaid or in excecs thereof, shatl contain the uwal standard mortgagee ciause er such other clause as the Mortgagee may require, making the loss under said policies, each and every, payable to said MORTGAGEE as its in!erest may app~ar, and each and every such poticy shall be p.omptly assi~ned and delivered to and held by sa~d MORTGAGEE as ~u•t~,er x<urity to said mortgage debt, and, not '_ss than te~ (10) days ;n advance of the expiration of each polity, to deliver to said MORTGAG~E a.enewal thereof, together with a reteipt ± for the premium of wch renewal; and there shall be no fire or tornado insurance placed on any of s3id bw~dmes. ar,y n,te~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 u~der suth f ".4C-SdJ.f-:3 ?A9 A e~~J , EOOr~~i1 PAGt ~~O 600K~~O Pl~GE 1(../ _ ~`t ~ ' ' ' ~ _ , ~s~ ~ ~ ~ _ ~T~ ~ ~~~~~~a*~.._ ~ 4 _ ~ _ ~