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HomeMy WebLinkAbout2247 THIS INDENTURE, Made thc _ 22nd. . Oay oF _ J~ene _ O. 19 , bctv?cen • _ I.AWRENC~ J. WEAVER and BARBARA ANN WEAVER, his wife of St. Lucie County, Fionda, hereinaiter c~es~Qna~ed as the "MORTGAGpR," a~ FIRST FEOERAI SAVINGS AND LOAN ASSOCIATION OF INDIAN R1VER COUNTY, a torporatidn organi:ed a~d existing under the laws of the United States o! Amc.ica and hav~ng its pr,nc~pal place of business in tFw City of Vero Beach, Irtd~a~ Rive? Cou~ty, Flo~ida, hereinafter designa~ed as the "MORT(;AGEE." W ERE the TG/IGOR is justly ind ted t4 the MORTGAGEE in the sum oi ~erit}?~E~ight Thousand Three Nundre~ aA~ np~$~~~~~~~~~iS L8,3~Q.~Q ) Doitars, good and lawtul m~~ey of the United States advanted by the MORTGAGEE unto the MORTCAG~R, as evidenced by a certain promissory note of eve~ date here.vith, of which ti~e followine in words and figures is a true topy, to-wit: s 28,300.00 No. _ _ Vero Beach, Fto?ids. , June 22 ~ ~ q 73 Fo. value .eceived 1 or we jointly or severally promise to pay to FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF INDIAN RIVER COUNTY, the sum of S. 2$:300.~0 at its oHite in Vero Bcach, Florida, with interest at the rate of . 8.25 per cent per annum, in the following manner; 5.-.-223-r29_ . upon the first of each and every month hereafter until the full p?inci al sum, with interest, has been P paid; said monthly payments shall be applipd first to the payment of interest o~ the unpaid balance, and then to the payment of printipal. This note is negotiabte and if default in payment occurs, may be placed in the hands of an attorney at law tor collect;on, in which event 1 or we agree to pay the tosts of collection, including a reasonabte attorney's fee, and each of us, whether maker, guarantor o~ endorser, hereby severally waives dem~nd, notite of non•oavme~t and protest of this note. /~L _ La~ence_ J.._ WeaY~.r - - cseau /s/ Barbara Ann Weaver ~~ai~ In.the event any payment is not made prior to the 20th day of the month when due, then this note shall bear interest at the ~ate of 9. 2~ from the date any such payment became due and throughout the period of such detinquenty. State stamps paid and cancelled on original of this note in the amounf of s '42.45 NOW, THEREFORE, the MORTGAC,pR for the purpose of sewri~g the payment of the said sum of S Z~i30Q.QQ._._____ and the Nerformance of the covenants and agreements hereinafter expressed, and fw diven good and valuable considerations, by these prese~ts, does grant~ bargain, sell, remise, release, convey and confirm unto the MORTGAGEE its successors and assig~s, all that certain lot, piece or parcel of land, situate, lying and being in the Counry of . St. LuCle and State of Florida, described as follows- Lot 12, Block 11, LAK~TOOD PARK SUBDIVISION, UNIT 2, as per plat thereof on file in Plat Book 10, at pages Sb and 56A of the public records of St. Lucie Couaty, Florida. STATE flF FLORlDA ~ DOCUMENtARY~=:~ StA M P 1 a~ j . _ ~ .~S ~ - D£Pl. pf RfVENUE ~ ~ ~ ~ ` _ = „uN27'73 = • ~ Z. 4 5 ~ TWS MStRIlM~iT WAS ~RfPARED ~Y = :P ot~ ~ MARC GRIfEEttl ~ ~ RRST FL~FRAL SAVINGS /W~ IOAN . . . . . . . . . . . . . p . . . . . . . . . . . . . . . . ~ssw of r~~w wvfx courm RECEIVED S~~ ~ 20ts-11~ AV~ o. aOx t 2~1 IN PAYMENT OF TN(ES DiIE Oii CIASS'C INTAN61BlE PERSONAL PROPERiY, V~O ~:ACM~ F:ORID~ ~t9~0 ppRSUpNT IO CHAP'E4 71-134. ACTS OF 9)1. . ROGER POITWIS /~~,~~'CzlcflZ 6lERK C~~~T ~URT, ST. L-JCIE 00., fiA together witn ali and singuiar liie tcnem~nts, here.~liia~.ants and appu~tenantes fhpreetnt~ be~aeg~ng or in anywise appertaining thereto, and a!! rents, iswes, proceeds and profits accruing and to accrue from said premises, all of whith are included in the above and 4oregoing de- scriptio~ and habendum. _ TO HAVE ACdD TO HOL~ the above described and granted premises unto the said MORT(',AGEE, its stxcesso.s and ass~gns forever. And the said MORTGACAR for . thel~eirs, executors, administrators and assigns, here~y covenants with tF.e said MORTGAGEE, its succes- sors and assi su, it,~r they are __Iawfull seized of the said ~ p B - y premis_s in fee sim le; that the same are free, tlear and dis- charged from alt liens and encumbrances in law or in equity, and that they _ ~,,;~i a~ their ~;n shall warrant and ~efend the title to the same to the said MORTGAGEE, its successors and assigns, forever against the (awful ctaims and demands of afl persons; PROVIDED, ALWAYS that ii the MORTG/IGOR shall pay unto the MORTGAGEE the promissory note hereinbefore desuibed, and s~ali truly, promptly and fully perform, discharge, exetute, complete, comply w~th and abide by each and every the stipulatio~s, agreements. c^nditions and covenants of said promissory note and of this Mortga~e, then this Mortgage and the Estate hereby created shalt ceasC and be nufi and voi~l IT i$ U~IDERSTOOD that the word "Mortgagcr" whether in tFw singulsr or plural anywhere in this Mortgage, shall be singular iE one only and shal! be plural jointly and severally if more than o~e, and that the ~wrd "Their" as used anywhere in th~s Mortgage shall be raken ?o me~n "his," "her," o~ "its." wherever the context so implies or admits. Also, that where~er there is a refere~ce in the covenants and agreements herein tontained to any of the parties hereto, ihe same sha~l be construed to mean as well as the heirs, legal representatives, wc- cess~rs and assigns (either voluntary by act of the parties or involunt~ry by operar;on of the law) of the same and that the covenants herein c~ntaincd shall bind and the ben~~its and advantages inur¢ to the respective heirs, legal representatrves, sutcessors and assisrts of the ;.arties he~eto. And said f~lorrgagors, for themselves and their heirs, legal representatives, successors and assigns, hereby jointly an~ s~verally covenant ;,nd agree to and with the said MORTGAGEE, its successors and assigns: 1. To pay all and singular the principal and interest and the various and sundry sums of money payable by vi:tus of sa;d prom;;s::ry ~~fe, and th;s mortgage, each and every promptly on the days respect~~ely the same se~erally become due. 2_ To pay all and singular t4~e tazes, assessmen:s, levies, lia~ilities, obligations and incumbrances of every nature and kind now on sa~d described property, or that he~cafter may be ~mposed, sutfered, plated, levied, or assessed thereon or that hereatrci may be levied or a>zesse~ upan this Mortgage, or the indebsedness secured hereby, each and every, when due an~ payable acc~rding to law, before they be- c~me del~nquent, and before any interest attaches or any penalty is incurred; and insofar as any thereof is of ~ecord tF+e same shall be promptty sal~sfied and d~scharged ef record and the o?igina! otficial dxument (iuch as, for in;tance, the tax receipt or ti,e satisfaction paper officiallY endorsed or certified; shall be placed in the hands of said MORTGAGEE within ten days next after payment; and in the event that any thereof ~s not paid, satisfied and distFwrged, sai~ MORTvRGEE may at any time pay the same or any part thereof wiihout waiving or affetting any cption. lien, equ~ty, or ~ight under or by virtue of this Mortgage, and the full amount of each and every such payment shail be immediateiy ~ue and payable and shall bear interest from the date thereof until paid at the rate of 25 pe~ centum per annum and together ~vith such interest shall be secured by the lien ot this mo.tgage. 3_ To place and conti~uously keep on the buildings now or hereafter situated on said land and on all equipmenr and pe.sonatty cov- ered by this mortgage, ~v~th aIl premiums thereon paid ~n full, fire inwrance in the usual standard poticv form, in a sum appreved by th~ `~?ORTGAGEE, and tornad~ insurance in tl~e usual sfandard policy form,in a wm approved by tFu_~ tv10RTGAGEE, in such company or companies .,s the MORTGAGEE may direct; and all 4ire and tornado inwrance ~Iicies cx~ any of said build~rgs, any interest therein or pa.t thereef, in the aggregate sum aforesaid or in excess thereof, shaN contain the usual standard mortgagee ciause er such othe~ clause as the Mortgagee may repuire, making the loss under said policies, each and every, payable to said MORTGAGEE as its inte.est may appear, and each and every such pelicy shatt be promptly assig~ed and delivered to and held by said MORTGAGEE as fu•t~er security to said morrgage debt, ar?d, not ~ess than ten (10) days in advance of the expiration of each policy, to deliver to said MORTGAGEE a renewal therec,f, together with a receipt for the premium of suth renewal; and there shall be no fire or torn3do insurante placed an any of said buildmQS. any interest therein or part thereof, unless in the form and with the lou payable as a(oresaid; and in the event any sum of mortey becames payable under wch II1AC-IM-~_71-Y// s~ox 215 Y~~ ? 2?4`? ~a : ~ ~ ~ ~~-.v~ ~ ~ - ~ ~ ~ ~ r~ .,~ti_ ~ ~ _.Y Y ~