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HomeMy WebLinkAbout2035 249182 S~ ' • THIS lNDENTURE. Made N~e ZDi~_..~ . ~ay of ~"~rCh , A. D 19 73 , D2t..een 10HN A. LBSTBK and CHRISTIB BAH I.ESTEB, his vifE . of St j,uc ie Cou^ty. Florida, F+e~einafter desia~ated as the "MORTGAGOR," a~d FIRST fE~ERAL SAVINC,S /?ND LOAN AS~(?CIATION OF IhDI/1r1 RIVER COUNIY, a corpcratio~ u~danized and eaist~ng undc~ the taY~s of ttie llnit~d Sratrs o1 Amcr~ca and havms its prinupal place of business in fhes City of `/cra Btx~+, Ind~an River County, florid~. he~teinafter c,+es~gna~ed ~i t~e "'NORTGAGEE.•. R~~,(,'p R is justly i b e to t MORTGAGEE in the sum of 1~~nty Three Thousand Bight Hundr~d~~~~ ~t~~RO/lUU ~s ~~~~Q.Q~ po;lars, good and ~awful m~ney o! the Unit~d Statcs ~l~~nced by tF+e MORTGAGEc ur.to tt?e MORTGAGOR, as evidenced by a ce~tain promissory notc of cvc~ date Fkrc~w:h, of wh~ch the fcltow~ng i~ M~o~ds and f~gures is a true copy, tawit: S 23 ~ 85~. ~0 t~o• - Vero Beach, Florida, l~iareh 2, ~9 73 For value received I or we join~ly o~ severally promise to pay to FIRST FEDERAL SAVING$ M10 LOA~1 ASSOCIATIOf! OF ID~DIAN FIVER COUNTY, the sum of S 23s$Sp•0~- at its off~ce in Vero Beach, Florida, with interest at the rate of ~.75 per cent pe~ annum, in the followinQ manner. s_._ 180•31__ upon the firsf of eath and every month hereafter until the full pri~tipal sum, with interest, hds been paid; said monthly payments shall be applied first to the pavment of interest on the ur.paid balance, and then to the payment of principal. This note is ?+egotiable and if default i~ patrment occurs, may be p~aced in the hands of an atto.ney at law t~r collecti~, in which event I or we agree to pay the costs of tollettio~, including a reasonable attorney's lee, and each of us, whether make~, guarantor ar endo~ser, hereby severally waives demand, notice of non-oavment and protest of tn~s note. /s/ JoLn_A_. L~ster - _ cseau /s/ Christie-Rae Les~er ~ - -cseau In the event any payment is ~?ot ma~e prio? to the 20th day of the month when due, then th~s note shall bear interest at the ~ate of 8. ~S qb from the date any such paymer~t became due and throughout the period of such delinquency. ' State stamps paid and cancelled on original of this note in the amount of s_ 35.~5 of securin the payment of tF?e sa:d sum of S - and the NOW, THEREFORE, the MORTGAGOR for the purpose g 23 850 00 yerformance of tF?e covenants and agreements hereinafte~ expressed, and for diven good and valuable cc.~+siderations, by these presents, does grant. ba~gain, sell, remise, ~elease, co~vey and confirm unto the MORTGAGEE its succeszors and assigns, all that certain lot, pie:e or p,arcel of land, sitwte, lying and being in the Couny of ._$t. 1.11C~e_ . artd $tate of Florida, described as folb-,ns: Lot 12, Block 11, IAKBF100D PARK SUBDIVISION, UNIT 2, as per plat thereof on file in Plat Book 10, at pages 56 and 56A of the public records of St."I.ucie County, Florida. ~ ~ (N PAY(IIEM ~ T~ Tnis lnstrurr.et.t \Vas Prcc~•~~~ N1E OM Ct/!SS'C ~1~ITAtr6~BtE PEy> >~'QO~ERtII, J. D. [3AKER, JR. ^ Pl11~IlANT TO C1iAplER 71-134. ACTS pF 19J1. ~R~ I',r// First Fc~ral Sa•;+no> arrJ loan l~ _ ~afA~ ~NT wYw~~ ~fi ~~y~~ /I' ` ASS fl C~ ~R':!.:.n F,~ver `_L'!1'., ~ i". ~(J Nt WN m ~ ~ 2045-14;h A.e. P.O. E3 i=~• ~ Vcro B_act,, Fie~id.. 3~'9~U' ~ ~ together with all and singutar the tenements, hereditaments and appu~tenances thereunto belonging or in anyr,nse appertairtfng thereto, ar?d R alt rents, issues, proteeds and profits accruing and to aCCnee fre-~ said premises. all of which are intlude~ in the above and foregoing de- ~ scription and habendum. ~ TO HAVE AND TO HOLD the above described and granted premises unto the said lv10RTGAGEE, its wctessc+rs and assigns forever. P.nd the said MORTGAGOR for their_ executors, administrators and assigns, he~!~'::y covenants with tF.e said MORTGAGEE, its succes- ~ the are _~wf~n ` ;ors and assigns, that y seized of the sai~ premises in fee simple; that the same are free, clear and dis- charged fram all liens and entumbrances in law or in equity, and that they _~,,,;i~ a„d their t,e;~s shall warrant and ~efend the title to the same to the said MORTGAGEE, its ssiccessors and assigns, forever against the ~awful claims and demards of all persons; PROJlDED. ALWAYS that if the MORTGAGOR shatl pay unto the MORTGAGEE the promissory note hereinbefore dexribe~, and s~+a11 truly, promptly and fully perform, discharge, execute, complete, comply w~th and abide by each and every the st~putat~ons, agreements_ ;^nditions and covenants of said promissory note ~and of this Mortgage, then this Mortgage and the Estate hereby created shall ceax and be null ar?d vniA IT IS U~~DERSTOOD that the word "Martgagor" whether in tiw singular or plural anywhere in th~s Mortgage. shall be singuta~ if crse c;nly and shall be p!ural jointly and severally if more than one, and that tiee .+rord "Thcir" as used anywh~re in th~s Mortgage Shall be takrn t: mean "~iis." "her," or "its." wherever the context so implies or admits_ Atso, that whereve? there is a refere.-xe in the covenants and a: reements hereil?%contained to any of the parties hereto, the same sha!I be co~>tr~ed to mean as weN as the heirs, legal representatives, wc- c•~zs~rs and assigns ieither voluntary by act of the parties or involuntary by operation of the law: ot ihe same and tnat t~ to:•°^~-^•!5 tie!°+~ c-nta~n.-d stia+i b~nd and the bene4;ts and ad~-antages inure to the respective heus, legal representat~ves, succ2ssars and assigns cf thc c~rnes herM~~. And said !~lortgagors, for themselves and their heirs, Iegal representat~ves, successors arsd assigns, hereby jo]ntly an~i z~veraiSy c~venan+ a^d agrer to and w~th the said HAORTGAGEE, its successors and assigns: 1. To pay all and singular the principat and interest and the various and wndry wrm of money payable by vi:tu~ of s~id prom~:.s~ry ~ote, and this mortqage, each and every prflmptly on the days respett~~ely the same severaUy become due. ~ 2_ To pay all and singutar the taxes, asses•~ments, levies, lia'silities, obligatiarts and intum~rances of every nature aruJ kind now on ~ >a~d dexribed prcper.y, or that hereafter may be ~mposed, wffe.ed, placed, tevied, or assessed tFr_>reon er that hereatter may be fe:~ed or ~ a.ses>ed up:n this Mortgage, or the ~ndebtedness secured hereb~, each and every, when due and payable acc~~ding to I~w, befere t?~ey be- ~ "me delmquent. and before any interest attaches or any penalty is incurred; and insofar as any thereof is of record the same shatl be p:om~rly ~ >3t~sfied and d~scharge3 ef record and the orig~nal o4ficial dxument (such as, for instance, the tax receipt or ti~e sat~sfaction paper ofl~c:.,'?y en:'~rsed or certified) shall be placed in the hands of said MORTGAvEE within ten days next after payment; and ~n the event that any 'hereo~ ~ ~s not paid, satisfied and dixharged, sai~ MORTGAGEE may at any time pay the same or any part thereof witFrwt wa+ving or aftecting any cption, lien, equity, or right under or by virtue of this Matgage, and the full amount of each and every such payment shall be immed~ateiy d.,e and payab!e and shall bear interest 4rom the date thereof until paid at the rate of 'J ~ 75 per centum per anr.um and t~gethcr ~ •.v~th such interest shall Ee secured by the lien of this mortgage. 3. To place and co~t~nuously keep o~ the buildings now or hereafter situated c~ said land and cn all equipment and pers~nalty c~v- ered by this mortgage, with aIi p~emiums thereon paid in full, (ire insuraRCe in the usual standa.C p~hcy form, in a surn app~o~ed by ti'ORTGAG:E, and tornada insurance in the usual standard poliq form,in a sum approved bv the MORTGAGEE, in such company or companies as the MORTGAGEE may direct; and all f':re and tornado inwrance policies on any of sa~d buiid:rgs, any interest there+n or part thercvf, in tF.e aggregate sum aforesaid a in excess thereof, shall contai~ the uwal s~a~dard mortgagee c~auze er such other clause as the Mortgagee may reQuire, making the ~oss under said policies, each and every, payable to said MQRTGAGEE as its in:erest may appear, and each and every such policy shall be promptly assigned and delive~ed to and held by ;a~d MORTGAGEE as fu•t~:er s~cur~ty to said mortgage debt, and. ~ot 'ess than ten (10) days in advance of the expiration of eath polity, to deliver to said MORTGAG:E a.enewal thereof, t~rsether with a receipt for the premium of such renewal; and there shall be no fire or twn3do insurance placed o~ any of sa~d bu~ld~n.s. a~~y ~~~Te~est there~n or ~ part thereof, unless in tF?e form and with the loss payable as aforesaid: and in the event any wm of monev becomes payable under such r ..,~~-,a_„_».v.. alp ~Uc~J ~ ~~ORK PACc _ ' ~ -~y ~ ~~"C- ~ " ~ T w~Y Fw~ ~ M~i'~ t9l ~ 3 ~ r ~ Z~ ~'~Ys~ . _ , . . . r-s_'s.. ~'r