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Home My WebLink About2819 24'769~ . ~ THI~ INDENTURE, Made the 30th Oay of JaAt18Y_~i . _ , A. D. 19 ~3 , betwcen PAUL S. WIS6 and AONNA S. WYSE, hi~. wife of St. Lueie Counry, Florida, hereinafter designated as the "MORTGAGOR," and FfRST FEDERAI SAVINGS AND LOAN ASSOCIATiO~J OF INDIAN RIVER COUNTY, a corporation O~gan~zed and existing under ~he taws oi tfie United States of America and ha~~ng its p:inc~pal pl~ce of business in Ihe City of Vero Beach, Indi.~n R~ver County, Florida, hereinaite. designa~ed as the "I~10RTGAGEE." WHEREAS the MORTGAGOR is justly indebted to the 1~10RTGAGEE in thc sum of Fifteen ThOUS8rid S~X Hundred and no/100 ~S 15~6~0.~~ ? Dollars, Eooc1 and tawrul m~~ey of rhe Un~ted Statcs advanted by th~ ti1QRTGAGEE unro the MORTGAG~R, as evidenced by a certain prom~ssory note of eve~ date here.v~th, of wh~ch the foUo.ving in words and figures is a true copy, to-wit: 5 15 , 600. 00 ~~0~ - ve.o Beach, Florida, January_ 30, ~y 73 For value received 1 or we jointly or severa{!y promise to pay to FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF INDIAN F,IVER COUNTY, the sum of S.iSa600•~ , at its office in Vcro Beach, Florida, with interest at the ratc of ~•7S per cent per an~um, in the following manner; s. 128 • ~`4pon the first of eath and every month hereafter until the full printipal sum, with interest, has beert paid; said monthly payments shall be applied first to the payment of interest on the unpaid bala~ce, and then to the payment of principal. This note is negotiable and if default in pavment occurs, may be placed in the hands of an attorney at law for collecti~, in which event 1 or we agree to pay the tosts of collection, including a reasor+able attorney's fee, and each of us, whether maker, guarantor or endorser, hereby sevcrally waives demand, ~otice of non-oavment and protest of th~s ~~te. - /S/ Paul--S. Wise - (~a~) ~S/ DOIU18: S. IsliSe - (Scal) In the event any payment is not made prio? to the 20th day of the month when due, then this note shall bear interest at the rate of 8.~~ from the date any such payment became due a~d throughout the period of such deli:~quency. State stamps paid and cancelled on original of this note in the am~unt of S. 23.~l~ . NOW, THEREFORE, the MORTGAGOR for the purpose of securing the payment of the said sum of S 15-~fi~U.~O and the Nerformance of the covenants and agreements hereinafter expressed, and for divers good and valuable considerations, by these presents, does grant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE its successors and assigns, all that certain lot, piece or parcel of land, situ~te, lying and being in the County of St. LuC1e and State of Florida, described as fotlows_ i Lot 5, of Block 6 of SUIatISE ESTATES, accordirig to the plat thereof recorded in Plat Book 8, at page 75, of the Public Records of St. Lucie County, Florida. N STATE ~F ~LORIDA ~.Z D04UMfNTARY TAMP TA~.~ X-' DF?i. Oi RErENIlE~ j' ' U pf ~~,tF`- - o _ ~[v 1 ~ 13 ~ ' " 2 ~ O ~ y~ \N PP'~~F~` p"'d~d ~ ~ • . . . . - • ! ~Y P.~. r v-• o = 1f10i ~ ~~f; B~E `F ~~S UF 17~' - ' i. ~ D s p R~E~~ ~E`'~ ~N.A° .~•w``~','~,E F~A ~ - ' - ~~U~~ 19 R ~~R~. 5t. - . . C1R~`1~t ~ ~ _ ~ t~gether with all and singular the tenements, hereditaments and appu~tenances thereunto belonging or in anywlse appertaining thereto, and ~ all rents, issues, proCeeds and profits accruing and to accrue from said premises, all of which are included ~n the above and foregoing de- ? scription and habendum. ~ TO HAVE At~D TO HOLD the above described and granted premises unto the said MORTGAGEE, its successors and ass~gns forever. ~ And the said MORTGACAR for their ~1f5, executors, administrators and assigns, hereby covenants with tFx said MORTGAGEE, its succes- ~ ~rs and assigns, it,ar they .ar_e__.__._. .iaWt~uY seized of the said premises in fee simpte: that the same are free, tlear and d~s- ; charged from all liens and encumbrances in taw or in equity, and that they ~,,,;ii a~ their ~;~s shall warranf and ~ .:efend the title to the same to fhe said MORTGAGEE, its successors and assign>, forever against the lawful claims and demands of all persons; G PROVIDED. ALWAYS that if the MORTGACAR shall pay unto the MORTGAGEE the p~omissory note hereinbefore descr~bed, and ~ s!~all truty, promptly and fully perform, discharge, execute, complete, comply with and abide by each and every the st~pulations, agreernents. ~ conditions and covenants of said promissory note and of this Mortgage, then this Mortgage and the Estate hereoy created shall cease and be null ar?d v~iA IT IS Ui ~DERSTOOD that the word "Mortgag..r" whetner in thP singular or plural anywhere in this M~rtgage, shall be singu:ar if one ~ only and shall be ptural jointly ~nd severatly if more than one, and that t~e ~vord "Their" as uscd anywhe+e in th~s Mortgage shall be takcn ~ to mean "his,' "her," or "its." wherever the tontext so implies or admits. i>~so, that wherever there is a refere~ce in the covenants and ~ agreements herein contained to any of the parties he?eto, the same shall be construed to mean as wetl as the he+rs, tegal representat~ves, wc- ~ cess~rs and assigns (either votuntary by aci of the parties or involuntary by operat~cn of the faw) of the same and tiwt the covenants herein _ c-ntam:d sha'I bind and the ben^t~rs and advantages inure ta the respect~ve heirs. 1ega1 representat~ves, successors and assigns of thc ;.arnes hereto. ~ And said Mortgagors, for themselves and their heirs, legal represenfatives, suctessors and assigns, hrreby jointly anJ severally c~vena~t ~ and agree to and with the said MORTGAGEE, its successors and assigns: ~ 1. To pay all and singular the printipal and interest and the various and sundry sums ot money payable by vi:tu~ of s~id prom~;;~ry _ ~:ote, and thls mortgage, each and every promptly on the days respett~~ety the same severally become due. 2. To pay all and singular the taxes, assessments, levies, IiaSilities, obligations and intumbrances of every nature and kind now on - ;aid described property, or that hereafter may be impcsed, suffered, p~aced, lev~ed, or assessed thereen or that hereafter may be ~ev~ed or a>sec;ed upcn this Mortgage, or the indebtedness secured hereby, each and every, when due an~ payable acc~rding to taw, before they ba- ~ c.me delinQuent, and before any interest attaches or any penalty is incurred; and insofar as any thereof is of record the same sh311 be promptly sat~zfied and discharged ef record and the original official dxument fsuch as, for instance, the tax receipt or the satisfact~on paper officially endorsed or certified! shall be placed in the hands of said MORTGAvEE within ten days next after payment; and in the event that any thereof ~s not paid, sasisfied and discharged. sa~~ MORTGAGEE may at any time pay the same or any part thereof without waiving or affetiing any cption, lien, equity, or right under or by virtue of this Mortgage, and the full amount of ea~h and every such payment shatl be immed~ateiy ,e c;~e and payable and shall 5car interest from the date thereof until paid at the rate of 'J~ ~S per centum per annum and together ~vith such interest shall be secured by the lien of this mortgage. 3. To place and c;n:inuously keep on the buildmgs now or hereafter situated en said land and on att equipment and pe~z^na~cy co~- _ ered by this mortqaqe. ~v~th ai! premiums thereon paid in full, fire insurance in the usual standard p~licy form, ~n a sum apprc~ed by th~~ - ^~ORTGAG:E, and tornad~ insurance in the usual standard polity form,in a sum approved by the MORTGAGEE, in such company or companies the MORTGAGEE may d~rect; and all fire and tornado insurance policies on any ot said bui~diegs, any interest therein or part thereof, in the aggregate sum aforesaid or in excess thereof, shall contain the usual standard mortgagee ciause cr such other dause as the Mortgagee may ' require, making the loss under said policies, each and every, payable to said MORTGAGEE as its interest may appear, and each and every such policy shall be promptly assigned a~d delivered to and held by said MORTGAGEE as fu•ther security to said mortgage debt, and, not y`• iess than ten (10) days in ad~ance of the expiration of each policy, ro deGver to said MORTGAG~E a renewal thereof, t~sether with a receipt _ for the premium of such renewat; and there shall be ~o fire or tornadu insurance placed on any of sai~ bu~~A~ncs. any ~nterest therein or part thereof, unless in the form and with the loss payable as aforesaid; and in the event any surrs of money becames payable u~der such .nec.soo.~:.n-r.. dip C~_p~~..~~ N~.;~ ~5~,~1) ~ - ~ ~ - - _ ~a - k:~ ~ ~ . ~ , . . , . - ~ . ~ ~_~b~.~a~