The URL can be used to link to this page

Home My WebLink About0893 ;~6 J~ i THIS INDENTURE, Made the I.BCh Dar of _.SeptemG+t;x_.___. , A 19 73 , between Ck~'l~NT.T~_ JOIE and AMY~JOYE~R is_ wife o{ Suffolk ~o„~N~ hereinafte~ designated as the "MORTGA('AR," and FIRST FEOERAI SAVINGS AND LO/1N i+~50C1ATION OF INOIAN RIVER COUNTY, a corporatio~ organi:ed and existing unde~ tF+e laws of the United ~States of America and having its printipal place of business in the City of Vero Beath, Ind~an River County, Florids, hereinaftcr designated as the "tv10RTGAGEE." WHEREAS the MORTG/1GOR is justly inde~ted to the MORTGAGEE in the sum of TMlenty TtlpuSand aTld ria/ LOQ (s LO,VUO.~U Doilars, good and lawful mo~ey of the United Statcs advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by ~ certain promissory note of even date herewith, of which the followinQ in words and figures is a true topy, tawit: s 20,000.00 ' No. . . vero Beact+, Florida, . _ _ September 181 . ~973 Foi value received 1 0? we jantly or severally promise to pay to FIRST FEOERAL SAYINGS AND LOAN ASSOCI/1TION OF INDIAN RIVER COUNTY, the sum of S.?Q-. Q~O•.Q~. at its office in Vero Beach, Ftorida, with interest at the rate of 9. per cenf per annum. in tF+e followin~ manner: s______.ifl~.$4.__ upon the first of each and every month hereafter until the full principal sum, with interest, has been paid; said monthly payments shall be ~pplied fi?st ro the payment of interest on the unpaid balance, and then to the payment of principal. This note is negotiable and if default in payment occurs, may be placed in the hands of an attorney at law for coflection, in which event 1 w we agree to pay the eosts of collectio~, including a reasonable attorney's fee, and each of us, whether maker, guaranro~ or endorser, nereby severally waives demand, r?otice of ~on-wvment and protest of this note. /s/ Clement_ T. _Joie _ ~~ap . ~S~ - Amy__Joie - --(Seau ~ In the event any payment is ~ot made prior to the 20th day of the mor~th when due, then this note shall bear interest at the rate of 10 q(~ from the date any such payment became due and throughout the period of such delinquency. ` State stamps paid and cancelled on original of this note in the amount of s.__ 30.00 . NOW, THEREFORE, the MORTGAGOR for the purpose of securing the payment of the said sum of S._20 ~ 000. UO a~ the Nerformante of the covenants and agreements hereinaher expressed, and for divers good and valuable considerations, by these presenti, does grant, ba~gain, sell, remise, release, convey and confirm unto the MORTGAGEE its successors and auig~s, all that certain lot, piece w parcel of land, situate, lying and being in the County of _St LuCie - and State of Florida, described as follows: Lot 27, Block 75, IAK~n100D PARK SUBDIVISION, UNIT 7, according to plat thereof recorded in Plat Book 11, page 13, Public Records of St. Lucie County, Florida. ' ' ' ' ' ~ ~ ~ ~ ~ RECC~VEO ~_11[.-~ IN tAYMElR OF TA1~ C CLASS 'C 1NTN161i1.E PERSO;iAt P40PE1tN, r~ ~ _ S T A~. F~ t-- p':_ r- Pi: tiSUANT TO ~n•i~~ s oF iy~ ~ sti;n~~^.c.> 1 A DOCUMENTARf ~ CIERK CMCWT OOUR'~ Si. WCI[ CO., f1A o~ ~EpT uF RErENUE ~ e ~ ~ s ~ O. O 0 i 7Ris In:tru~rent \Vas Preaared By - = u~:3-'~a~. I J. D. BAKER JR. ~ ~ - = P~- - • , = suGZ First Federal Savinps and Loan 0 • - • • /1ss'n of I~dia~ River County 20~5-llth Ave. P.O. dox 1201 'i Vero Beach, Florida 329~0 ~ ~ I i ` together with atl and singular the tenements, hereditaments and appu?tenances thereunto belonging or in anywise appertaining thereto, and ; atl rents, izsues, proteeds and profits attruing and to accrue from said premises, all of whith are included in the above and foregoing de- scription and habendum. TO HAVE AND TO HOLD the above destribed and granted premises unto the said MORTGAGEE, its wttessors and assigns forever. i d And the said MORTGAGOR for _C~lr..heirs, exetutors, administrators and assigns, hereby covenants with the said MORTGAGEE, its succes- ~ they ae ~awf~l~ premises ~n fee sim , sors and assigns, tF?at____ y seized of the said " ple; that the same are free, clear and dis- - ~ the ~ their ~ ~ charged from all liens and encumbrantes in law w in equity, and that ___y will and heirs shall warrant and ~ defend the title to the same to the said MORTGAGEE, its wctessors and assigns, forever against the lawful cl~ims and demands of all perso~s; ~ PROVIDED, ALW/1Y5 that if the MORTCAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore destribed, and ~ shall truly, promptly and fully perform, discharge, exetute, complete, tomply with and abide by each and every the stipulations, agreements. c~nditions and tovenants of said promissory note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and '~e ~ null and vnirl ~ IT IS UtIDERSTOOD that the word "Mortgagor" whether in tFw singular or plural anywhere in this Mortgage. shall be singular if one only and shall be plural jointly and severally if more than one, and that the word "Their" as used anywhere in this Mortgage shall be taken to mean "his," "her," or "its." wherever the context so implies or admits. Atso, that wherever there is a reference in the covenants and ~ agreer»ents herein tontained to any of the parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, wc- cessors and assigns (either voluntary by act of the parties or involuntary by operation of the law) of the same and that the covena~ts herein contained shall bind and the benefits and advantages inure to the respective heirs. ~egal representat~ves, successors and assigns of thr parties hereto. ~ And saEd Mortgagors, for themselves and their F?ei~s, legal representatives, successors and assigns, hereby jointly and severally covenant and agree ro a~d with the said MORTGAGEE, its successors and assigns: - 1. To pay all and singular the principal and interest and the various and sundry wms of money payable by virtua of said prom~ssory note, and this mortgage, eath and every promptly on the days respectively the same severally become due. 2. To pay all and singuiar the taxes, assessments. levies, lia5ilities, obligations and intumbrantes of every nature and kind now on said destribed property, or that he?eafte~ may be imposed, wffered, placed, levied, or assessed thereon or that hereaftcr may be Ievied or ' ' assessed upon this Mortgage, or the indebtedness secured hereby, each and every, when due and payable according to law, before they be- Z ` come delinquent, and before any interest attaches or any pe?wlty is incurred; and insofar as any thereof is of record the same shall be promptly - ~z satisfied and disCharged of retord and the original official dotument isuch as, for instante, the tax reteipt or the satisfaction paper officially endorsed or certifiedl shall be piaced in the hands of said MORTGAGEE within ten days next after payment; and in the event that any thereoi _ is not paid, Satizfied and distharged. sai~ MORTGAGEE may at any time pay the same or any part thereof without waiving or aftetfing any - option, lien, equity, or right under or by virtue of fhis Mortgage, and the full amount of each and every such payment shall be immediateiy due and payable and shall bear interest from the date thereof until paid at the rate of 9 per centum per annum and togethe~ FA with such interest shal) be secured by the lien of this mortgage. - 3. To plate and continuously keep on the buildings now or hereafter situated on said land and on all equipment antl personalty cov- ered by this morigage, with all premiums thereon paid in full, fire inwrante in the usual standard policy form, in a sum approved by the MORTGAGEE, and tornado inwrance in the usual standard poliq form,in a sum approved by the MORTGAGEE, in wch tompany or companies as the MORTGAGEE may direct; and all fire and tornado inwrante policies on any of said buiidir.gs, any interest the.ein or part thereof, in the "T aggregate wm aforesaid or in excess thereof, shall contain the uwal standard mortgagee dause or such other clause as the i~lortgagee 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 auigned and delivered to and held by said MORTGACEE as iurti,er security to said mortgage debt, and, not ~ess than ten (10) days in advance of the expiration of each poliq, to deliver to said MORTGAGEE a renewal thereof, together with a receipt ~ for the premium of uxh renewal; and there shall be no fire or to?nado insurance placed on any of said buildings. any interest therein o~ part thereof, unkss in the form and with the loss psysble u aforesaid: a~d in the event any sum of money betomes payable under wch ;~;a ~ : ; m~e-A?s•»-v~? i ~ ~ dlP ec?oK~'~~ r~ALE Li,~ . _ _ _ ~ ~ ~ = ~ _ _ , ~ . _ ~ _ ~ ~