HomeMy WebLinkAbout1431 TO HAVE RND TO HOLD the saic~ property, with said buildings, improvements, fixtures, appurtc~-
:inces, apparatus and equipment, and with all the ~ight5 and privileges thereunto belanging unto sa~c1
mo~tgagee foreve~, t;,~r the uses herein set forth,'free f~om all ~ights and benefits under the homestead
exen+ption and valuation laws of a~y state, which said rights and be~efits said R4ortgagor does hereby
relea5e and wa~ve .
TO SECURE
(1 ~ the payment of a note executed by the Mo~tgagor to the o~der of the Mortgagee bearing even
date herewith in the principal sum of ~ . .~L~.,~ • . .u . . . . . . . . . . . . . . . . . . .
~i,. • • .s.Seventy-f ive Thousand and NO/100. . . . _ ~ • Doflars
tg 75,000.00 ~,,,hich note, together with interest the~eon as therein provided is payable in
monthly insrallme~ts of S i x Hund red F i f~-f i ve and 28/100~_, p~~ars
655• 28 commencing the ~ Sth__ day of Apr l 1 ~ 9 74
. ,
which payments are to be applied, first, to interesi, and the balance to principal, until said indebtedness
is paid in full.
(2) any advances made by the t~lorigagee to the Mortgagor, or his successor in title, for any pur-
pose, at any time before the release and cancellation of this mortgage, but at no time shall this mortgage
secure advances on acco~nt of said original note together with such additional advances in a sum in ex-
cessof ...._•.____~•.Seventv-five Thousand and NO/100....`__ _ ___..._.....Dollars
_Z~~000.00 provided that nothing herein contained shall be considered as limi[ing The
amounts that shalf be secured hereby when advanced to protect the security or in accordance with
covenants contained in the Mortgage.
(3) all the covenants and obligations of the Mortgagor to the Mortgagee, as c~ntained in a supple-
mental agreeme~t dated, executed and delivered concurrently herewith and reference is hereby made to
said note and supplsmental agreemsnt for the full terms and conditions thereof, and the same are hereby
incorporated herein as fully as if written out verbatim herein, and recorded, pursuant to 695.02, Florida
Statutes, in Official Record Book._ 82 pages__234b____ of tF~e public records of_
St . Luc i e CountLr _i , Florida.
in this instrument the singular sha11 include the plura! and the masculine shall include the feminine
and neuter. All rights and obligations under this mortgage shaU extend to and be binding upon the res-
pective heirs, executors, administrators, successors and assigns-of the Mortgagor ar.d Mortgagee.
iN WITNESS WHEREOF, we have hereunto set our hands and seals, this St _ day ot
December , A. D_ 19 _ .
Signed, sealed and delivered ~
i~ the Pesence of_
l < ~ j~ f ~ / ~ ~ ~
~j
- ~~~~~`Y=- ' ~.c_~~~~-~- ~ ~1''~~"~-.- (SEAL) Q°
• Martin C. Herndon ~
. , -
- - - L~i~~%~ - (SEAU
; ,j~ ~
~~~~-~s~ Q`~/ " ~SEAL) ' c~
Martha S. Herndon ~
- - - . (SEAL) -
' _ (WITNESSES) (MORTGAGOR)
i
cs.
~ STATE OF FLORIDA
C ~
COUNTY OF Indian,Rlver '
i Before me personally appeared _ _
` ___Martin C. Herndon and Martha S. Herndon, his wife to me well
known and known to be the individual._S described in and who exetuted the foregoing instr~g,rir~nd
~ acknowledged before me that - tlteX _ • executed same for the ~I~
purposes heYei~~c ;
, - .
; . .
WITNESS my hand and off;cial seal this__ __?1__~S _ _ day of_ _ _ _Dessmb.et__.~ ~ ~ "Y ' 'tl~~r:
;
,
~i jE~
?~~Ir ~ r , , =
ulf ~t - - `
CIERK Ct9C 'Notary Public in and or the Cdsm ~~f ~ '
RECORD VEa~F~ED,,,e~.v~
~ y . v,.,,.
,Aforesaid. -
RETURN T0: 11M! ' My commission expires: June ,1 ~rJ, :j~~6S~
~ '
Sctunty Fedcral Sa~ings b Loan Association
of Indian Rrvcr County /~~,.84~
i 545 M~raclc M~fe
~ Vern Beath, Florida 32960 O R('22 P~/~ ~V~I
• ~ d00K G 1
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