HomeMy WebLinkAbout1530 vr'3ECT HOME IMPROVEMENT MORTGAGE n c ~ ~
t•, • f H P4TSlRE ADVANCE SL~O~O
~T IS O~TG GEC lac,
n ,fe jr. -~tiax of 3_"_~r A D., 19 , lrrtv:ren'
8~it ~Q J _--1-E~_a-- - - - - _ _ _ _ _ IMortyayor l Jtxi -
Sun Bank of St. butte Coon _ tn,,Ort[(,),ee?,
IName of $un Bank ~
WITNESSETN, snot Mortgagor, tot arxf +n corts[deratron of the prem[ses and u) ordF• ro secure the payment of the prrt)crOal a,xf
rr[terest On the note (as hereinafter def,ned), !4lottyayor hrrel,y ytanTts.,.assrgns iranstrrs and mortya9rs to Mortyagt•t•, its sutcrsso[s aril
assigns forever, the folfowrnq described teal ptopwty m St. a.~ie County. FtorKla, to wtt:
Bf~~ at a point on the South boundary of Lot 1, Section
15, ~iship- 5 South, Range GO East, where said South boundary line
intersects the waters. of Indian River; thence run West 8 chains and 44
lintcs, more or less, to the right of way of Florida East Coast Railway;
~ ~s thence Northerly al«ig said Railway 3,~ht of way 4, chains and 85 links
mare or less, to what is ln~owr~ as the 'Budd Plane ,thence North 88 _
degrees, 5 mdinutes East 7 chains and 66 links, more or less, to the 4
Indian River; thence Southerly along the water of Indian River 5 chains
_ -and 33 links more or less, to the Point of begirming. Together with
x ~ -riparian rights. Said lands contain 4 1/3 acres mare or less, FAT, •
howlever, frfan the above described tract of land, the North 100 feet
o & ~ ~ thereof , which was c~onv{eyed by Eggene Hartman to Mason M. Crozier on
r = ~ ~ July l9, 1913 and recorded in-Deed Book 16, page 309, on September 20,
_ ~ 1913.
o
° d LESS AND T B~ FLAWING PARCQS
i .Wd
m •
a 2 ~ 1. Begirmix~g at a point on the South Bouldary of Gov?errn~ent Lot
G x ~ ~ I, Section 15, Township 35 South, Rmage 40 East, where said
~ ~ s south boundary line intersects with the Easterly right of way
W o ~ of thg F1Qrida East Coast Railroad, said ~oint also being the
herema ter re er.etf to as the Mortgage Prope°rtyl; arxl the Mortg r does beret) lofty }-a9n~ the +t t th~._p~gr Property
~ i ~ ancf wnl defrrxi the same ;xWtnst the lawful clams Ot al! persons whomsoever. a~`^'~~ Cp1CS~E: ,
W Zi
° a Richard .D. S~ieed Jr. & Martha Sue Sneed
W c N PROVIDED ALWAYS. that ,f l _ , tnchiakerlsl of that
v w ¢ '
k, ~ ~ {Insert Namelsl~
oc o ~ r.
tetfa,n p,umrssory note t nr da a h8reof (the Note), _ hens, tegai repn•sentauv!s or ms,q•[s shill pay to Mortgagee
the r,nt.• a! sum of ~~!0'~F3~~~ ?
~ p $ as cw.dented t)y tttetNo~_,A?Yrth_ ~te[r•st ant) U(Krn thr• se~s as prov.di+rf therrrn, the 1[nal
ma:ur+ty date of thr Nrite aril of th+i Mortgage t)c+ny 19 _ , which Nnte prov+des that
a? [nsta!tmrnts of pnnC,pa; :mrf +nte, est are payable at the of LeP of Mortyayee, rt• at wch other plate as thr hokfer may designate rn
l21 wntmg, arrd that each maker arxf etuforser agree to Pay all costs of coilrcrron, ,ndudrny a rt•asunable attorney's lee, upon default rn the
i payment of the Note, arxl that rf default be made rn the payme:)t of any ,nstattment thereurxf[-r and that +f wch ci•rfault rs not matte
' { 1 1 P i hood +n accotd~rrce wrth the terms of the Nnro, that Use enr.re pr mcrpa' sum arxl accrutrf, ranutf +nteteat shall become clue arxt payaf)Ie
. _ svrthout not.ce at the option of thr~ hoklrr the,ix.l, Jnrf shat) pwform and comply sv+th eJCh ,,nd every stq)uWt•on, Jyr.•rmem aril coo-
. errant of the Note arxf of ttu. 1SiortgJge, th.•n this Mortgage an[I the estate t;er•.•try ucanYl shJE! b-• vo+d, otherwrx• the same sha11 r[•ma+n 1
% •n lull force fLlJker covenant, to pay thr• mteres*. an(! prlnupai t:rornptly when dut•. h/urt[y;[yor covenants to I).ry thv taxYC arxf assess- i
• a '
~
. menu un ~,a:d proP'•rty, to carry +n•.urJnn• ayrn)st !,•e on 'he lx,rki,ny on ti.[.d tent fu: nut :r•s than $ • approverf
' by rh? F1e•ryayee, YwTh st:)r>rfard rnniyaye~~o„ ciaua• payab,t• to Mo~tgaG•••• ;rv. prrl:[y rn bt• h+~ld by the 4lnrtq.xf.^.t•-and rp k[•ef, the
- bu~lrh n4 nn said la,vf rn prOprr reps,:
~ -
7fr.s '.lots
' i .yvyti• shJii uCU'e nut only ••x,•.t+ny mdc-bt=•rL•rr~s, but ry,°.u sw_h f[)t,n•• .xfvanCet• ~,rh••ther s.:::h ariv.rnres ~ ubl,yatory of
Y t0 t)e! !n.Nfe at t!7Q option Uf tir0•,y,,yW Ot gIherwae, a, Jr m.Nf•• yJ +thu: tWn,y I~QI yed/l }ruin the d:ItP rn'reot, TA th!•,vir n.f frxlrnl ai
i t! y wch futufr :,d':dnrBS 'R t•: e• T,t[1.r o•e th..:f•rtr, of ;h.• r.x.•eut+on r)i N+" >.4u+r,f,~a••. ln~t •..:et: s.•rur.•r, •nrJrbt.•<Int•ss tihali not r•KCew•r1 at any
'L _ ' t,n)+~ ;h•_. m;,,r,murn p+ncp•+~ a'••uunr et $ - _ P+uS rnterett, :u,rt Jr:y rf,•.buJymenrs rn,rle for Ih•r payment
- a
• of ta>,r•s, lev,r.~, or ,nsurJnce, on the ~:lortyagerl Property, :vat• mt••rett on wch d+stru•srrnent-,- Ary such httwe arivrnK.rrs, whettwr
- ' obiJyat n•y or to t>e msfe ai the Opt.or. nr the Murtyage.•, or Othe, s•;,;f•• maq tr•• rnurl[• e~thrr pnrirto o! attar ttn• d.)<• date ni the Note Or
- ~~~rrr~~-++. J.~~.y p;rc•r nu'rti s!cu•+[t by Sh+s hin•::;Jq.• Th.-. Murtgdy' +s y+vrr for .the sO.c:f,c Pu•(rose• of •scun+ry .,ny aril ail mdehtedness by the
f~.tak•t• io PaUrt[iayle IbUt :n nQ e'v e!)t 1t[al: ihP yl•~U nYf pHfehiednrr SS k: >t U.•tYf i[i :fr)y time the end%~n)J!n pr~nC•pd! amount vt forth m thn
. in pJr JyrJUnt :n 'Nhai ,'ver m:)'t•`.'! ihrl ,n(t•!t]S:Yfnr•is mJV eY,dr:nCerf Ur rr•p.ev•nt,•tf, Jnt+l tt!,S P•i [.e!riay i<. 1:rt +Sf •eYf of reCr)!fl. Atl (:(iYe-
~ n,r.F, ,,•••;1 .,crt+rmen!s ronta~ned ,n !h,s P.iu•ty:ute sh.r+t b.• rrppl.cat>b• !n ati furTherr ,rlvdnrnt rndrf•• uy !'+lnrtyrr¢. !rr P.i.,kr•J under th[s
t.itur•r ,rr1~..urc-' Ueu:r_
$hr,u vi ony r;t ter-' -rr10/°•-Cfr7rr;.1':r1 he Fr•o%••n rhea rh.~ Note and J't mpn.-y5 q•tu•arf h:•r•dty gnats, v:rtho:J! dem„nd. +f the .
- N htrr,tyJ.¢-e, >u e':ecT. et r,•'~•'•• b~•come du•• an[f payJlr:e Jnrf the morty,,ye may t>'• [uu•Clov~d, aril :ti` co•.!s ,.nr} e,+.per.ser, ref e0-tertn)n and -
+r" ••.ri0••~i:,ie_ atto•ney>' t•,e5. ,+.Clu<!vu{ gists, ••rrp+•nses aril reaSOnat>Ir• aitorn•ry5• tees on .ippeat, f [.oi;ert•~d by ?eya! proCC•rKlrnq; or
• ^uuyt: an d!'O• •:•'y dt iaty, ~hoit t7•• p [ d ::y •rtr fA:Jk r•r, arV} tn•• time are t-er..by .••CUr.!f.
~ Iti \'JITtiE$$ +,VHf;REOF tn.• pie ,gayo~ h exer~u•.r1 tna ",'n!riq.rq•• :+S of he dah• f,Ttit alrnv[• 5••t `q'rh i
5.:;•.,•d, -xJ!.Kt ind d•-~~ce•wy D• , Jr• f
//S~it~F/ ~ '
~i~~ !!L,. - - - - - - - - ISEAU
7F _ - ~ _ (~CLj/
- 1~11urt~inyn 1 -
sT::T o~ Flori.da , r
Martha Sue Sneed ~
t
r
COURTY OF .St. Lucle ,
i
( eiEREBY CEi{T(FV 7•~at rt^ tR,s da bplp~e~',r'z--'---- ~ r1Qys~rxjslrr,/~•r, t•:.. Srs•.~ af,,r..; rat ~.nr; .n the- County .,toresa+d
..~.u..Yjt<tt ` ,0171L1LC~S.~131 .lr J
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'O '.e••• atk~0:. ••t1 jm.•^•g• iye'sonjtf`y _ _ ! , r• r:".+~ TYl !r•: ;he pr-.u)n (f.•s
u+be[f
• * ~~4 ~•}~pp ~
,r, antf r.r•.o .'e•~CUted'h.• foregOr yitL'm?.i~.yq~ ~ ~ 'a+ri - ark no•2; +t. f 'r•fr e r they
. s•~ r- r.•• tha• ••xr•tuTi'rt the atmv
- ~ 23rd Sp~tfanber
WIT~SS my hand atxi~Off.c?1M ~il1p~,{1CC~ttc}Sr-tt•• au aip•.-~,,,1 +h , - - - `f ry•of f I
r mar ~ • P.iy Com•rnss•on Expoe;, s~f) ` ~
a-soli-ooa•~ ate. sm ~~~,~ID• ~ c. •~R c~ t~tw tNeu crt~tK ors. ~ . ~J
• BQ~K~ P1CEi.~IJQ
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