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Home My WebLink About2229 .qj ~ i r . +~j Z ~t.+ t ~'~w} ~ C ~"HIS INDENTURE, ti1ade ~?,e____.._ j I Cl~ r@~Tll~li' , A. D. 19. behvee~ ' Day of y---••-- - West Side BzptisC.Chux'cl~ Uf__Ft. Pie_r.~ei__~_ Non-Profit Floric~a .coz•~~oration ~ of ?St. . I..1lGle_ Counry, Florlda, hereinafter designated as the "MORTGAGOR," and FiRST FEDERAL SAVINGS AND LOAN AS50CIATION OF INDIAN RIVER COUNTY, a corporation organixed and existing under the laws of the Unlted States of America and having its principal pl~te of business in fhe City of Vero f3each, tndian River County, Florida, hereinafter design~ted as the "MORTGAGEE." WHEREAS the MORTGAGOR is justly '~{de~j~ tq~jne MORTi,AGEE in the sum of _F_o~ cy ~lousa~la _~~1~__No~loo_ _ ..~U~ lXlLl. ~!V Dollars, goai and fawful money of the United States advanced by the - MORTGAGEE unro the MORTGAGQR, as evidenced by a certain promissory note of aven d3te herewith, of whicfi the follo~ving in ~vords and figures is a true copy, to-wit; s 4_Q, OUO. 00 No• - - - - Vero Beacn, Florida. ----.._Febru~r~!._ 1 i, - , 9 - 66 ~ For value received I cr ~ve jointly or sever~lly promise to pay to FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF lNDIAN R1VER COUN7Y, the sum of $ 4Q~_Q~Q. QQ_ at its offi~e in Vero Beach, Florida, with interest at the rate of-__..___6_t_3___ _ per cent per annum, in the following manner; ~-~QQ,-~Q-----_ upon the first of each and every month hereafter until the full principal sum, with interest, has been paid; said monthly payments shall be applied first to the payment of interest on the unpaid balance, and t~en to the payment of principal. This note is negotiable and if default ln payment octurs, may be placed in the hands of an attorney at law for collection, in :vhich ever.t I R~~v~ra. agree to pay the tosts of colleciiori, including a reasonable attorney's fee, and ~ach of us, whether maker, guarantar or endorser, herebj`~sev~~llYi waives demand, notice of non-payment and protest of this note. y 1 . ' S~de t~yj Churcl of Ft Pierce ~ . _ ,r. B • s a-.v illiam -~.e-- e - - ea ~ Y_~_./__ • cs u . . , ~ . Seal) President- • Attest s Flo d G Youn ~ . ---l---/---------x----~--•---------g--~'~ p-- - r`,---cs~au - tn ~he e~ ght aan~i: p~yment is not made prior to the 20th day of the month when due, then this note shall beaiTn~e e~ aF the rate of : 8,~~6 frem'the date a~r s~ch payment becarne due and throughout the period of such delinquency. ~~.,State stampb~aid'and cancelled on original of this note in the amount of b..6U•_UO..__._.. ^ "~:~VQ Tf~ERfiFORE, the MORTGAGOR for the purpose of securing the payment of the said sum of $40:.~Qr_~.______ and the performanc~P_~~ie~.'tovenants and agreements hereinafter expressed, and for divers good and vaiuabie considerations, by these presents, docs t~wi^rr ..1~ ~I.~! e~nrryin In~ nie~a nr tu~('A~ Qf grani, bargain; Sell. rerrii5e, PeiedSe, i.vi~'vcji a~iu CC~iiiP~Ti u~..v = - ~ . - . . - ~ g- land, sit te, lying and being in the County of St. LUC1E'._.________._ and State of Florida, deurfbed as fo!lowr. ~ ~ of Block C p~^ ~ Lots I, 2, 3, 4, 5, 6, 7, 44 and 45,/EXCEPT the West 10 feet of Lots a ~ S, b and 7, of Block C, acc~rding to plat of West End A ddition, Fort g C ~ Pierce, Florida, wliich said plat was filed Ivlarch 18, 1 912, and r~ corded d h r u~ o in Plat Book 2, page 5, public records of St. Lucie County, Florida; d t Z ~ ~ ~ and ALSO ~ ~ 4' + ~ ~ QI V All the furiiiture, furnishings, fixtures, appliances, utensils and eqaipmetit Z~ ~ r o now in the buildings located on the above described proper[y and all the , M~'' furniture, furnishin gs, fixtures, a ppliances, utensils and equipment which MK o?: may be placed in said buildings while any sum secured hereby remains p~Z ~ • unpaid. W Zi ~ ~ ~O~ 1.' < ~ w ~ o'~ ~c 8 v~ together with al) and singular the tenements, hereditaments and appurtenances thereunto belonging or in anywise appertaining thereto, and all rents, issues, proceeds and profits accruing and to accrue from said premises, all of which are included in the abova and foregotng de- scription and habendum. TO HAVE AND TO HOLD the above described and Eranted premises unto the said MORTGAGEE, its successors and assigns forever. And the said MOR7GAGOR for_~tS~St1~~3SOu ors, administrators and assigns, hereby covenants with the said MORTGAGEE, its succes- sors and assigns, that______l~__1$____._ Iawfully siezed of the said premises in fee simple; that the same are free, ctear and dis- charged from all liens and encumbrances in law or in ui ' • ' SUCCe ;g~~-g eq ty, and that------1G---,------------- will and 1~S- -------------:~shall war~ant and _ defend the title to the same to the said MOR7GACEE, its successors and assigns, forever agains~ the la~l claims and demands of all persons; PROVIDEp, ALWAYS that if the MORTGAGOR shall pay unto ihe MORTGAGEE the promissory note hereinbefore described, and shall truly, promptly and fully perform, discharge, execute, complete, comply with and abide by each and every the stipulations, agreements, conditions and covena~ts of said promissory note and of this Mortgage, then this Mortgage and the Estate hereby created shal) cease and be null and voiA. IT I$ UPIDERST()OD that the word "Mortgagor" ~vhether in the singular or plurel anywfiere 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 any~vhere in this Mortgage shal) be taken to mean "his," "her," or "its," wherever the coniext so impiies or admits. Also, that wherever there is a reference in the covenants and agreements herein contained to any ofi the parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, suc- cessors and assig~s (either voluntary by act of the parties or involuntary by operation of the law) of the same and tf~at the covenants herein cantained shall bind and the benefits and advantages inure to the ~espective heirs, legal representatives, successors and assig~s of the parties hereto. - And said Mortgagors, for themse(ves and their heirs, tegat representatives, successors and assigns, hereby jointly and severally covenant and agree to and with the said MORTGAGEE, its successors and assigns; l. To pay all and singular the principal and interest and the various and sundry sums of money payable by virtue of said pramissory note, and this mortgage, each and every promptty on the days respectively the same severally become due. 2. To pay aN and singular the taxes, assessments, levies, fia~ilities, obligations and incumbrantes of every nature and kind now on said described property, or that hereafter may be imposed, suffered, placed, levied, or as~essed thereon or that hereafter may be tevied or assessed upon this Mortgage, or the indebtedness secured hereby, each and every, when due and payable according to law, before they be- come delinquent, and before any interest attaches or any penalty is incurred; and insofar as any thereof is of record the same shall be promptly ~ satisfied and discharged of record and the original officia) document (such as, for in5tance, the tax receipt or the satisfaction paper officialty : endorsed or certified) stu:i; be placed in the hands of said MORTGAGEE within ten days next afler payment; and in the event tF~t any thereof r is not paid, satisfied and discharged, said MORTGAGEE may at any time pay the same or any part thereof without waiving or affecting any ~ option, lien, equity, or right under or by virtue of this Mortgage, and the full amount of each and every such payment shafl be immedlately ' due and payabfe and shall bsar interest from the date thereot until paid at the rate of six an tenths per centum per annum and togeiher ~ with such interest shall be secured by the lien of this mortgage. ~E: ~ 3. To place and continuously keep on the buildings now or hereafter situated on said land and on alt equipment and personalty cav- ~ ered by this mortgage, with all premiums thereon paid in full, fire insurance in the usual standard policy form, in a sum approved by the ~ MORTGAGEE, and tornado insurance in the usual standard policy form,in a sum approved by the MQRTGAGEE, in such company or tompanies as t'~e tv10RTGAGtE may direct; and all fire and tornado insurance policies on any of said buildings, any interesF therein or part thereof, in the f aggregate surti aforesaid or in extess thereof, shall contain ihe usual standard mortgagee clause or sxh other clause as the Mortgagee 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 sha(I be promptly assigned and delivered to and held by said MORTGAGEE as further security to said mortgage debt, and, »ot ' !eu than ten (10) days in advance of the expiration ofi eath policy, to deliver to said MORTGAGEE a renewal thereof, together with a receipt ~ for the premium of such renewal; and there ~hall be no fire or tomado insurance placed on any of said buildings, any interest therein or ~ part thereof, untess in the form and with the foss payable as aforesaid; and in the svent any sum of money becomes payable under such - FFIR~-251-(RA-5-6<-M O R 138 g~~ t aoax ~