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Home My WebLink About0180 i ~ ~ ; F j 7 d t ] 3 i ~ ~ S ~g # ~ ~r._ et~ a ~~wc au~~~ v~~ ~nc ~v..cs~.......~.y ..ur v. ~ .,en~s as ~o~:otin~s: D_.. on me aa~ oi : a'ter until ~he who!e be uUy pa~d. ~ Each insrailmem first shall be appi~ed in pay nt of the inr~•rest and rnen on the~Onpaid balance of the princlpal svm. If defsult is made in 1ha ~ ~ a~•ment of any insta nent v.hen due, and such dri u!t cont~nurs ~0 days, then at the Opt~on oi the M~der, and without a}ny other notice, all the remaining ~ nstallmentt shall be ue and p3yabte at once. Priv ~ege is given to prepay this note iq'whole or in pert ~t any time witF~buf penalty. Naithet fotebearsnce, p nor accepfance by holder thereof after any d ault in any paymenti hereon, ahaU"be deemed eztension. A tate p~lment charye of sh~ll be t added to each ins liment remaining unpa~d 7 d s after its due date, and a like wm shatl be addad to each such irtstallment remainingp~sid 7 days after ~ each succeeding ayment dafe. Each mak r, surety and endorser hereo , jo:nNy and severally, r~a:ves demand, presentment p~otest and na te of protesf for npnpayme~t, and furiher agreea to any e tenf~on of f~me of paymero, ther before or a{trr maturi!y, w]thout notlce to aiy ol us; and pay all costs of colkction, includ;ny s rcasonable att rney's fee in rhe event of a~ defau!t hereunder, ar.d hereby severally waives all benefit of ho estead and exemption under the tonstitution a••.d laws of xh S~ate of the Urtited States, as agamst this obl~gation or any extension or renrwal hereof. Witness the hand and seal of each pa~ty. . ' r~~e• U / (SE l) E ~ . . . ~ . ' ~ ~L~ ~U t - ) State Revenue iSramps cancelled o~ original note) NO'JV, THfREfORE, the MORTGAGpR fe~ the purpose of securing payment of asid sum o~ S~R ~Qn.~ and ths performance of tFN covenants and agreements here~nafter exp:es:ed, a~d fo+ d~vers good and valvable conside•a~ions, by these presents, does grant, ba~ysin, aell, remise, ease, convey and confirm unto the MORTGAGEE, :IS successors and assigns, all Ihat certain lo/, piete o~ parcel of land, situate, lyinp, snd beirg in ths ~ounry of `St . I'uC i g and State of Florida, dewibed as follow~: - = o~n-t of beginr~ing is a concrete ~nonument in the Southwest corner of ~iary :~r~n Subdivision; .from said z oint of beginr_ing r~.~n Easterly along the South ;•;~e of :~1ary Ann Subdivision a distance of 1l~~.7~ feet to a stake; thence ~ i th a back angle of- 81°23' to the rigt2t a c i ~t~n~ e~ l~ • 7' ±'eet to A :~take on the South side of a propese~l street; t^ence W'esterly a~ong the ~ S~~th side of sai3 street a 3lstance of 1l~0.47 feet to a ono-half inch ~al- ; ~nized iron pipe on the East side o~' In3ian ~i~rer Drive; thence Southerly ~:=ong the East side of Indian River Drive a distance of 176.22 feet to ~~int of beginnir.g. Nary Ann Subdivision above mentioned is accordin~ to ' :_at thereof on file in Plat Book 7, page 3?, of the public records of St. ~~.~cie Cour_t~, F~orida. Less and Excepting therefrom that portion cor.veyed Ewa L. White:nan to Ni? ford S. Furcel and Ida Copland Purcel bv deed ~ ;ated October 5, 1957, recorde~ in O.R. B~ok 16~, ~age 2210 of the pub~ic ; -~acords of St. Lucze ~ounty, Flori~a.~ ~ ~ F~r agreeT.ent o1' :•tortgagor an:l :~.ortgagee or_ "ile w;th :~ortgagee, the E kithin mortgage sec~ared not oni~ an existir_g indebte3ness, but aiso ADVA'rdC~S ~0 be HERE~: TII3 made by '~iorLgagee to i•zortgagor the aggregate f of wricn wili equal the principal amount specified in the promissory ~ r~ote secured hereby. aQU.3 -GOo S,C ~ ~y~~;_ g~y- _ B ~ t~~t ~ i~11 ~lM,t ~ ~ +ogether wirh all and singutar the tenemems, hcreditaments and appurtances therevnto belonging or in anywife appertainirg therero, and •II rentf, iuuts, - ~ p'oceeds and profits accruing and to accrue from said premise~, all of which are inclvded in the above and ~oregoirg description +nd habendum. = ~ TO HAVE AND TO HOID the above desaibed and gronted prem~ses unto Ihe said MORTGAGEE, its wtceswn ~nd ~ssiyns forewr. Md tM said ~ '.ORTG~AG,~O~R for heirs, e:ecutors, adm~n;strators and assigns, hereby covenants with the said MORTGAGEE, iri successon ~nd assipro, - ~ •hat -~++s+-r?--~~-~--- lawfully sei:ed of the said premises in fee simple; that the same sro free, clear u?d diuharyed from all lians and ~ncum- . ; brances in law or in equity, and that_thep wi11 and their heirs shall w~rrant ~nd defe~d the title to the ~am~ to th~ s~id ~ "~!ORfGAGEE, itt successws and ass~gns. ferever against the Iawiul claims and demands of all persons; ' PROVIDED, ALWAYS tha~ if ~he MORTGAGOR shatl pay unto the MORTGAGEE the p~omisswy note hereinbefwe deuribed and thall truly, promptly - and fully perform, d~scAarge, execute, camplete, compiy w~rh a~d ab+de by each and every the stipulations, ayreements, conditions and covenants of s~id ~r~ , ~ cromissory note and of this Nbrtgage, then this Mortgage and the Estate hereby created shall tesse and be null and void. IT IS UNUERSTOOD that the word "Morrgagor" whether in fhe s~~guler or plural anywhere i~ th7s Matgsge, shall be sinyular if one only ~nd ' shall be plurol jointly and severally if more than one, and that the word "rhe~r" as used anywfiere in th~s Mortgage shall be taken to mea~ "his;' "Mn," { o~ "its;' wherever the context so implies or admits. Also, that v,rherever there is a reference in the coven~nts snd agreemmri herein co~t~ined to any of w rhe part7es herrto, the ssme thall be construed to mean as well ss the he~rs, Iegal representatives, successwt snd a~sigro (eithet voluntary by ~ct of tht ~ ~ parties or involuntary by operation of the law) of the same and that the covenants herein comained shall bind and the benefits snd ~dv~etapq itwt~ , fo the respective hein, legal represematrves, successors and asrgns of the panies hereto. ~ ~ ,M And said Mortgagors, for themseives and their he~rs, Segal representatives, successors and assigna, hereby jointly snd iever~(ly toven~nf and syr~e u J _ ~o and with the said MORTGAGEE, its successors and assigns: ~ 1. To pay al! snd ~inguler the principat and inrere:t and the various and sundry s~ms of money payable by virtve of uid promiuory rate, and this ` mortgage, each and every, p~oritptly o~ the days respectively the same xveratly becortie due. . v 2. To pay ell and •~ngular the taxes, assessments, ievies, l~abiiiries, obligatio~s and encumbrarxes of every ~atwe and kind now on ssid desuibed property, or that F~ereafter may be imposed, suffered, platvd, levied, or auessed thereon, p thst he~eafter may be levied p usessed upon fhk Mort¢ `5 age, or the indebtedness secured hereby, each and every, when due snd payable, xcording to law, befae they become delioqueot, ~nd befw~ am interdt ; ~'rzches or any penalty is incurred; AND I"iSOFAR AS ANY THEREOF IS Of RKORD TNE SAME SHAIt BE PROMPTLY SATISFIE~ AND DISCHARGE~ OF b zECORD ANU THE ORIGIhAI OFFICIAL DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFSCUIIY ENDORSE~ ~ OR CfRTIFIED) SHAII BE PLACEU IN 1HE HANDS OF SAID MORTGAGEE WITMIN TEN DAYS NEXi AfTER PAYMENT; ~nd in rhe evem tMr any thereof is not _3 pa~d, sat"sfied and discharged sa d MORTGAGEE may at any hme pay the same w any part thereof without waiving or affectirg any option, lien, equity w •~~ht under or by virtue of this rr:orrgage and ~he i~lt amovnt o~ each and every such payment shall be immediately due and p~yable ~nd sMll b~ar inte?est ~ ~~om the dare thereo~ un~~l pa~d ar rate o! nlne per cenrvm per annum and together w~rh s~ch inrerest ~hatl be secured by the lie~ of 1h's morgts9e. ; ~ ~ x - -r p2 - W.~. ~ _ ~9"~a ~ ~ -^'~-`r~~-';«:''. ?t-F--°c _ _ . , . . _ . ~t,~ .