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Home My WebLink About2411 . ' 251621 ~ ' , THIS INOENTURE, t~.d. ety ~3rd._ p,~, or . _ March... . ~ • . . , ~ C. 197~. , betwe~~ . _ _ _ ALBBRT. R,_.BtJitDGB _and CONSTMICB R. _BURDGB~ hie Wife . . . _ . . _ of St. Lucie. ~ty~ Ftalds~ Fw~~MftK d~i~~ated ss the "MpRTG/1GpR," snd FIRST FEQEWLL SAVItJ(,S /1N~ IOMI ASSOCIATION OF tNOtAN RiVER COUNTY. a oaporatian o~~anit~d and existins ~r~de~ the law~ of tl+e Unjted States of M?e~ic~ and havin~ its priotipal plau of busintss in fhs City of VKO Beatf?, Indise? River Cou~ty, Flaids. hereinafter dcsi~ns~ed as ~he "MORTG/1C,EE'• ,,~F1ERE/1S the MORTGA~',OR is justlgy~ tlw MORTGAGEE in the wm of FO~'til-three ThOtl88tld. atld _ nO~iv~+"----'-`--•-'-••--- (Z 9~ ~UV~.~--------) Dollars. Qood and bwful mo~ey ot the United Ststes sdvsnced b~r tht MORTG/1GEE unto the MORTG/1CqR~ s= evid~nced by s urtal~ promiuwy note oi cver? date herew;th, of which the tollowins in vwrch and fitures is s trw COpy. to-wit: s _ 43 , 000 . 00 " - No. . . . _ Vero eesch. Flaids. - . , ~ March. 23,_- - . 19 73_ For vslue reteived 1 a we jointiy or saverally promise to psy to FIRST FEOERA~ SAVINGS MID LOMI ASSOCIATION OF INOIMI RIVER COUNTY, ~t,e wn, of ;.43.~Q00•~ ~t ifs office in Vero Beath, Florid~, with interest at the ratt of 2•~5. - ve~ unt pe~ annum, in the folbwin~ msnnK: = 324.80 tite Hrst of esth and every mor~th heroafter until the full p?intipai sum, with interest, has been paid; said monthiy paymee~ts shall be applied first to the payment of tnterest on the unpaid balance, and the~ to the payment of principal. This note is negotiable and if defauit tn payment occurs, may be placed in the hands oi an attamey at law fw coltection, in which event I a we agrce to pay the costs of collection, including s ~easonable attorney s fee, and each of us, wfiethe. maker, gwrantor or er~dorser, hereby sevenlly waives demand, notice of rwn-wvment and protast of tf?~s ~ote. /s/-----A2bert__R. . Burdg~e----- - --t5esu ' _ /s/----_Constance _ R. Burd e --c~~~~ - - - 8. 75 In the event any psyment is not niade prior to tfie 20th dsy of the month when due, then this rwte sf+~ll bear interest at the rate of _96 from ths date any suth paymEnt betame dus and throvghout the period of such delinquenty. State shmps paid and cancelled on ai~insl of thls note tn tha amount of s.__ G4..5Q NOW. THEREFORE, the MORT(;AGpR for tF+e purpose of secu~ing the payment of tF+e said wm of S.___~t3.~QQQ~QQ.___ snd ths perfom~snoe of the tove~ants and agreerne~ts hereinsher expressed, and for divers ~ood and valwble considentian, by these presents, does grant. bargsin. sell, remise, rolease, convey and oonfimn unto the MORTGAGEE its wccessors and auigns. all thst censin lot. picce or parcel of land, sitwte, lying and being in ths Couny of St. Lucie ,r~d Srare of Flortda, dexrlbed as folbws: c Lots 6, 7 and 8, Block 3, WA~GNER SUBDIVISION, according to the.Plat thereof on file in Plat Book 9, page 74, Public Records, St. Lucie County, Florida. nrs hwninmr wr ??.pr.a ar 10HN A. LESTER Flnt F~d~rr+l Svinp ~nd Lwn A~'n d M+diai? Riwr Go~e+h? 20~S-14tA /1w. P.O. ~ 1 ~p9 ~ Vero ~ch. fbrie~ 3~~60 ~ dl CLASS ~f." tKi~~ ~ ~ Tl~ Pu~wt Tp ~7s- ~ nro~rt~~ c N~ ~ a~ ~i A. ltN;lE Op, RJl 6 together with all and singular the tenert~e~ts. hereditaments snd sppurtensnces thereunto belo~girtg or in srtywise appertaining therero, snd all rerits, iswes, proteeds snd profits stuui~~ and to acuue from said premises. all of which are intl~ded in the sbove and fwegoing de- striptian and hibet~um. TO HAVE /WD TO HOLD the a6ove dtstribed snd gnnted premises unto the said MORTGIIGEE. its wttesson and sssigns forever. ' And rhe said MORTG/~GOR for their~R, exetutors. administrators a~d assigru, hereby tovenants with the said MORTG/1C,EE, its suttes- son and aui _ the _ are_~i__bwfully seized of rhe said premises in fee simple; that the ssme are free, tlesr and dis- Hns, that---------- --------y charged from aq liens snd enturnbrantes in bw or in equity. ,~d *har - they w~n s~d -their ~;n ~It warrant and 'i defend the title to the s~me to Hx said MORTGAGEE, its s~x,cessors and auigns,'forever against the lawful clsims s~d demands of aU persons; PROVIDED, ALW/?YS thst if the MORTG/1GOR shall pay unto the MORTGAGEE the promiuwy note hereinbefore destribed, and shall truly. promptly and fully perform, discharge, exewte. tomplete, comply with and abide by each and every the stipulatioru, sgreemenh. i conditio~s and tovenants of said pranissory note a~d of this Mort~age, then this Mortgage and the Estate hereby created shall cease and be i nuU and vnief k IT IS UNDERSTOOD that the word "Mort~agu" whether in ths singula~ or plural anywhere in this Matgage, shsll be singular if one ' only and shall be plural jointly and severatly if mae than or~e, a~d that the word "Their" as used artywhere in th~s Mortgage shall be bken 0 i to mean "his," "her," or "its," whcrever the context so implies or admits. Also, that wherever there is a referes~te in the tovenants and f agreements herein tonfained to any of the parties herero, the same shsll be tor+strued to mean as well as the hei~s, iegal rep?esentatives, wC- cessors and auigns leither voluntary by xt of the parties or inwluntary by operstion of the law) ot the same and that the cove~ants herein f contained shall birx! and the benefits and advantages i~ure to the respective heirs, legal representatrves, sutcessors and assigns of the parties hereto. Md said Mortgagors, for themselves and their heirs, legal representatives, successors and auigru, hereby jantly and severally covenant t u and agree to and with the said MQRTG/tGEE, its wccessors and assigns: 1. To pay all and singular the principal and interes~ and the various a~d wndry wms of money p,ayabk by virtus of said promissory note, and this mortgage. exh and every promptly on the dsys respeCtively the same sevenlly betome due. 2. To pay all snd singular the tsxes, sssessments, levies. lisbllities. obliQations snd incurr~bnnce~ of every nature and kind now on said described properry~ or that hereafter may be imposed, wtfered, plated, lev',ed. or asxssed tfiereon or that hereattcr may be levied or assessed upon this Mo?tgage, or the indebtedness secured hereby, eath and every. wF~n due and payabk attording to law, before they be- corr?e delinquent, and before any interest attxhes o? s~y pena(ry is incurred; and insofar as any thereof is of recard the same shall be pranptly satisfied and dixharged of record and the ai~insl officisl docurr~ent (such as, for instance, the tax reteipt or the satisfaction paper officially endo.sed or certified) shall be placed in the hsnds of said MORTCAGEE within ten dsys next after payment; and i~ the event that any thereof is rat pafd, satisfied snd dischargtd, said MORTC,AGEE rttsy at sny time pay the same or any part tlxreof without waiving or affetting any eption, lien, equity. or right under or by virtw of this Mo?tp~e. and tF,e full smount of each snd every wch payment shall be imn~ediately due snd payable and shall bear interest from'the date tl+ereof until paid at the nte of 7.75 per centum per annum a~d toQether with wch interest shsU be secured by the lien of this mortpse. 3. To plsce snd continuously keep on the buildin~ss now or herwRer sitwted on sald land s~d an all equipment snd personaity cov. e~ed by this mortgage, wirh all premiums tkereon paid in fu11, fin inwrante in the uwal standard policy form, i~ s wm approvcd by ~i,e MORTG/1GEE, sr?d tansdo inwrsnce in ths uswl :tandsrd polity fam,in a wm approved by the MORTG/1GEE, in such canpany or ~oerp~n;es as tF+~ MORTGAGEE msy diratt; and all fire and tornsdo inwranct polities on at~y of said bui{din~s, sny interest therein a part thereof, in tF+e aggre~ste wm aforessid or in e,ccess the~eof, shaN conq~n tF~e uswl sardsrd mort~aseo cuuse a wch other ~Isuse as the Mort~ajee rnsy requi~e. rr~skin~ tF+e loss under said policies. each ar~d ~v~y payabl~ to ssid MORTG/1GEE ~s its interest msy ~ppear, ind each snd every I wch policy shall M prompNy assi~ned snd ~liv~ed ro a~d iwW bp said MORTG/1GEE ~s fu.r+w secu.iryr ro ssid morrQa~e debt, and. not iess tFw~ ten (10) drys in advance of the expir~tion of ~sth policy. ro d.u~er ~o ~~d MORTGI?GEE a.er+ews~ rhe.eof, to`ether with a rstsipt fa tF~ premium of suth renewal• and the.e shall b~ no fir~ a tomsdo intura~te placed on a~y of said build,ngs. any interest thertin or part the~eof. unkss in N+~ form ud with thr bss paysbl~ as aforwtd: and in th~ w~nr u~ wm of mon~y becorTMS paysbl~ w~d~r wch ~ rr~~c-fM-r.sl-r~~ - a~~K 212 ?~GE 2~1i - :aS; _ ~ -