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HomeMy WebLinkAbout1127 : i . ~A~,~~-. r. r . • • ' ~ 3_ j , 23rd.w.,~''~ IVavember 7HIS INDENTURE, Mnda tha._~._:__~-r_-- , day of__r...~..._._.___~_ A. D. 1~~4 . bstvraen . . CHES"TER R,~.BOLTN adc~~li~EN E~.QIdXN b.1~..1x~f~..___.------.._.___..._.. ~ - - t--- of_.~_..S[.._.L.11G~~.,.._._.__..__~ County; Wdrida,~hdreinaker d~,s~~'g~r~ted ac the "MOR7GAWR," and FIRST FEUERAL SAVINGS ANU L0/1N ASSOCIA71dN OF IN~IAN RIVER ~OU~VTY, a toepora~ ,~organtzed and existtng unde~ the I~wt of tha Unlted States of Amertcs .g ~nd havtng its p~incipal place of business In thb Ctlty'b~ Varv R~at~ilt~dlan River County, ~lorida, he~etnafter designated as the "MORTCAGEE" j. r' r . WHF~tEAS ha M ~~q GL1R is jusN b~tTGACEE in tha sum of.._ 1~ve_n__~y_"~Yn_~~1Q.l~fis'~Il.~~.~~ .HllIIC~eLL811~.11Q ~J_1~!_-_'_-'---t~_.~~~~~~~ Dollars, good and lawful money of the United States advanted by tha { MORTGAGEE unto the NIORTGAGOR, as bvldentet! by a certaln prom(ssory note of even date herewlth, of which the foNowin ln ~nrord3 I. ~ ~ ; ~ n d figures is a true copy, tawit; • ~ 9~[~ ; 1 ! S22r_5(}U.O~.._ , . . No._------------------..._ ~ Vero Beach, Ftorida, -_._-~-------•NQYer~~~'-~3~----•------__.___~ 19_~L~_ ~ For value ~ecetved I o~ we jointly or saverally promise to pay to FIRST FEOERAI SAVINGS /1N[~ L~AN A~SOCINTION OF INDlAN 1° • RIVER COUNTY, the sum of ~.22~5~s_~.__.___.~..__.____., st Its office In Vero Beach~ Florida~ with i~terest at the rata of___ _~L_~ f par tent per an~ um, ~n the fotlowing manner, ~ ";.~~~0._ upon ihe first of eath and every month hereaftar until the fuli principal sum, with interest, has been paid; said mon~ty p ts~b~, appNed filrst to the payment of intares! on the unpaid balancs, and then to tha payment of principal. ~ ' :~~e~t~ 8g 'ble and (f defauit in paymant acurs, may be placed In the hands of an attorney at law for coilectton, In which j aver~t 1 pr..~,p agrebr'to;~j ~he cosh nf coliectlon, including a reasonable attorney's fee, and each of us, whather maker, guarantor or endoner, 1 ' :;'?ereby ~eFa~tS/:~v~ive~ demand, noNce of non-payment and protest of thls note. :.~n' ! 4: a: v s~,••' ; ~ Chester R IIolin --------------------------~-----------------------___---_---cs~u i r-'.'~'••,..~.,~~:..'v^~'~~ s Eileen E. Bolin ~ -------------------_-----------------...___.___________________cse~1) ~~'~if~~th~~v~t,al~y payment is not made prior to the 2Qth day af tha month when due, then thts note shall bear intarest at tM rote of i 8.496 frbm~the~ttd4e any such payment became due and throughout the perlod of suth delinquenry. State stamps paid and cancelled on orlQinal of tf~(s note tn fhe amount of ~_~~~1sr2______._,_..... • NOW, 7HEREFORE, tha MORTGACOR for the purpose of securtng the payment of tix said sum of ~ 22...: S00~_~~ and tho ~ perfomvnce of the covenants and agreemants herofnaker axpressed, and for divers good and valwb{e _consicbrations, by these prasents, doea ~ grant~ bargaYn, sefl, remise, release, convey and conftrm unto the MORTGAGEE its successors and aui~ns, all that rertain bt, piece or parcel of ~ Iand. sttuate, fying and be1nQ in tha Caunry of St:_. LuCl~_-------------•---------•-_--- and State of Fiorida, described as follows: ~ The Eagt 130 feec of East Half of the South~ast Quarter . . of the Southwest Quarter of Northeast Quarter, less • . North 30 feet thereof, of 5ection 12, Township 35 South, Range 39 East, St. Lucie County, Floirida. ~ • . 4ECE1\+~ x IN PAYIdENtOFTIUl~ ` . . , :''~E~C`NU qO~'~' i*~TAN~~qLE PERSONAL PROPER7Y~ ~ . .~~i.i . ' ~t"^UhH7' • ::tf•~'R;.s3:~S,:CTfOFt941, - ~ _ . , . . ~DG+s~. Po~7leKt ~(c ::ir::~:t C urt ~ , . - . • afk;-,., f r l; :~01.\.1AN.`S . _ . . . . . . ' . _ . . • . ~ $f. L~ ~W~Y }cs otlector ~ ~ ' ~ • - - . . : . . „ ~ ~ ~ . . : , _ _ . ~ , c . . ; . . . . . , . , f _ - " t?~PiifY GtiRKc _ ~ , foptMr with ~il and sin~uiar the tenementa, F?eroditamenb and sppurtensnces thereunto belonginQ or In a~ywise apperta(nlna' thereto~ sr?d - all re~ts. issues. Proceeds and profits aanain~ and to accrue from ssid premises, ~II at which aro incfuded in tt~e above ~d faregolr?g da sulpt~on and habe~durre, . TO HAVE AND TO ~-IOLO the above described and ~nnted promises unto tfie sald MOR'fGAGEE~ Its successo~ and sssigns farever. And the taid MORTGAGOR for_~E'•~.Jie1n, execurors, administrators and auigns, hereby cwenants with the satd MORTC/IGEE~ its waos- ~ sors and aut~ns, that_____~__~?~%~l__aYe~._~.~_tawtulty siezed of the seld prerritses (n fee simple; that the same are free~ clear and dis- charged from all ilens and encumbronces In law or in equity~ and tFwt______~___Itl~~~_ wil( and ___I~~_~~ htirs st~aU warrant and defer+d the tttle to ihe same to the said MORTGAGEF, Its successors and assigns, forever agatnst the lawful clalms and demarxfs of all persons; PROVIDED, AL.WAYS that if the MORTWGOR stwll pay unM tha MORTGAGEE the pramisscuy note t~eretnbefore described, and shaii truly, promptly and fully perform, dlscharge, execute, aomplete, compiy with and abide by each and every the sttputattons, ag~eements. tondittons and tovena~ts of said promissory note and of this Mortgage, lhen th(s Mortgage and the Estate hereby created shall cease and be rsuil and vold. . IT IS U~~DERS700D that the word "Mortgagor" whether in the singular or plural anywhere in this Mortgage, shail be singutar if one only a~d sliatt be plurat jointly and severafty if more than one, and that the w~ord "Their" as used anywhere In thls Mortgage shall be ~aken to mean "hfs." "her," or "its," wherever the co:itext so impiies or admits. Also, that wherever there is a referente in the tovenants and agreements herein contained to any of the parties hereto, the sarr~e shall be construed to mean as wefl as the t~irs, legal represer~tatives~ wc- ceuors and assigns (etther volunfary by act of. the partFes or involuntary by operation of the law) ef ihe same and that thwe covenants herein contained shall bind and the benefits and adrantages inure to the respe~tive heirs, lega) representatives~ succeswrs and auigns of the parties hereto. Md said Mortgagors. for thertuelves and the+r heirs, lega! representatives, suctesson and assigns, hereby jointiy and severaUy covmant . and agree to and with tha said MORTGAG~E, its successors and assigns: ' i. To pay all and singular the principal and interest and the various and w~dry sums of money payable by virtue of said promissory note, and this mortgage~ each and every prwnptly on the days respectively the same severaliy becorr~e due. • 2, To pay all and sin~ular th: taxes, ass~sunsnts, lavies, Itabilttla. abli~atEoru snd Incwnbn~ca of wary r~tura and kind now a~ ~ •sid de~erlb~d prop~rty? oe~ that haraR~r may b~ Impoisd, wff~rod. Pt~~d, twid. or ~stst~d thsrson or that htrwhtr may bs 1wlad or sssessed upon this Mortgage, or the lrxiebted»es,s secured hereby, each and every, when clue snd payabb according to law. before ttrey be- come delinque~t, and before any interest attxhes or sny penalty is incurred; and insohr as amr thereot Is of record the ume shall be prc~r~pt~ ~ satisfied and discharged of ~ecord and the orfg(~ai offtcial document (wch as, for instance. the tax recelpt or the sa~tisfsctlon paper official ~ endorsed or certlfied) shall be pl~ced (n tha hands of said MORTGAGEE within ten days next after payment; and in tfie avent that sny theroof is r~ot psid, satisfied and discharaed, said MORTGNGEE miy at any time pay the sama or any psrt thereof wftf~out waiv(ng or affiecting ~r)y option, lien, equtty, or rtght under w by viitue of thls Mortgage~ snd the full amour~r, ot each and every wch paymertt shall be tmrr~ediate'ty due and payable snd shail bear intarest from the date thereof u~tii paid at the rate~Ef six ar~d s~(-tenths per contu~n per annum and together with wch (nterest shall be secured by Nx Uen of tfiis mortgage. ` ~rgg ' 3. To pixe and cont(nuousfy keep on the buildings now or hrreafter sitwted on said land and on all equtprnent ~nd per~,orwly cov- ered by this mortgage. with all premiums thereon paid in fuli, fire inwraa~ce ~t~ the usual standard poliq form~ tn a sum approved by the MOR7GAGEE, and tomado inwrance in the usual standard poltcy fomn,tn a sum approved by tfie MORTCACEE, in such company or oompantas as the MORTGAGEE may direct; and al! fire ar~d torrr3do ir~wrance.policies on any of said buildin~s. any interest therein or part tt~ereof. in the aggrogate wm aforesafd or in exceu thereof, shall contiin ttie usual standard mortgagee clause or wch otfier clsuse as tfie Mortgagee may ~aqulre, making the {oss under said poik(es, eacEi and evary, payabta to safd M4RTC/1GEE as its intercst msy appear. er~d r.ath and every wch pollq shall be promptly assignec! and delivered to snd held by said MORTGAGEE ss further securtty to uid mortgsgs debt, snd. no! less tfian ten (10) days in advance of the explration of eath polity~ to deliver to seid MORTG/1GEE a renewal thereof~ to~ettsa~ vrith s receipt for the premtum of such re~ewsl; and tf~ro shall be no ftro w 4omado inwrance pfaced on any of satd buiWings. sny Interest tf~ereln or part thercof, unless In the form artd rvith tfie lau payabb as aforesaid; and in the event ar~y sum of money becoer~es paysbla w~der wth FFlRC-251-1 M-~64-M _ ? . ' 800~ ~.04 t'AGE 52`7 _ _ _ _ _ _ _,_s_-_--- - - _ . . ..~_.:.._:r+~«... - u._.~.-~--- ' •...a..: . . . . s