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. l lth l~ebruary b6
THIS INl3EN~Tltr F, ~.'.ade the Uay of_...---------- A. D. 19----- behveen
TftAUE3 ENTLRPRISLS, INC. , a Florida cor~oration - - - ------------------~7
- - - - - ~ ,
St. Lucie ~a,n
of ty, Florida, hereinafte~ designated as the MORTGAGOR," and FIRST FEDERAL SAVINGS AND
LOAN ASSQCIATION OF INDIAN RIVER COUNTY, a corporatian organized and existing under the laws of the United States of Amerlta
and having its principal piace of business in the City ef Vero Qeach, I~dian Rivcr County, Flor~da, he~einafter designated as the "M~RTGAGEE."
wHE F~$,~ he MORTGAGOR ~s i~~?~y~ p~ ,~A the MOR7GAGEE i~ the S~m of .NINE _THOUSAND,_ SIX_HUNDRED
and no ~ - - - - - - - - - ° . ~ Dollars, ~ooc1 and 'la~vful mone of ihe Unitecf States aclvanced by the
1~111 - - - . (S .7~ .~ll t1V
MOR7G~GE~unta the MORTGAGOR, as evidenced by a certain prumissory note of even date heyewith, of which the follo~ving in words
and figures is a true topy, to-wit:
b 9, 6Q0. 00. . No. -
Vero Beach, Fforic~a, -_-FE_~I_U~1Ty!_ 1-l, ~9G6 .
For value received I or we joinNy or severally promise to pay ro FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF INDIAN
RIVER CbUNTY, the sum of $~~.~~~.t at its office in Vero Beath, Florlda, with interest at the rate of___ 6._3_______._
per cent per annum, in the following manner:
~._76+_~ _ upon the first of each an~i every month herealter until the full principal sum, with interest, has been paid; said
monthly payments shall be applied first to the payment of interest on the unpaid balance, and then to the payment of principal,
This note is ~egotiabfe and if default in payment occurs, may be placed in the hands of an attorney at la~v for collection, in ~vfiich
event 1 or wa agree to pay the costs of collettion, including a reasonable attorney's fee, and each of us, whether maker, guarantor or endorser,
hereby severally ~vaives demand, notice of non-payment and protest of this note. au~ ~te~p xl$ eS~ Il1C.
By~~S~~~W~iT~ I~. __l~c`~UI~ - (~eaU
(Corp, Seal) Presic~eii
Attest: -~s/Ethel- M.--~'raub-.----------- au
~~~~,r~-~~
In the event any payment is not made prior to the 20th day of the month ~vhen dua, then this note shall bear interest at t e rat of
8.4 % from the dato any such payment became due and through~ut the period of such delinquency.
State stamps paid and cancelled on original of this note in the amount of ~1_4.._40__._
NO~V, THEREFORE, the MORTGAGOR for the purpose of securing the paymeni of the said sum of ~v 7_~_b~U-~ OO._________ and the
performance of the covenants and agreements hereinafter expressed, and for divers good and valuable considerations, by these presents, does
.,a .,r:..., :t,o nnnarr.n~FF ~rc c~«~pcmrc and assi¢ns. al) that certain lot. Diete or parcel of
p' ' ~ p~' ~ _ . _ ~ " ' " .
land, situate, lying and being in the County of ____St. _LUCle and $tate of' Florida, described as follows:
All of Lot S, and the North 29. 03 feet of Lots 6 and 7, of Block 3,
NEBRASKA COURT, according to a plat thereof recorded in Plat
Book 5, at page 48, of the Public Records of St. Lucie County,
Florida.
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~ 5-I I t~ r L u~ i U A rvE oH c~~ss ~c~ ~Ht~ncee~E ~~so,"
t" P oF,,'"x~s
PlJNSUANT i0 CHAPlER 2072~, uF FHTY
DOCUMENTA~"' STaMP TAx ~
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Gp ~ CCMPTROLI.ERt,~J~ -u
Pg.1401~3 _-~~cn±S%'=_____._
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together with all 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 frcro said premises, all of which are included in t~e above and foregoing de-
scription and habendum.
TO HAVE AND TO HOLD the above described and granted premises unto the said MORTGAGEE, its successors and assigns forevzr.
successors -
And ihe said MORTGAGOR for_1tS~______!,~?{ executors, administrators and assigns, hereby covenants ~vith the said MORTGAGEE, its succes- . ;
sors and assigns, that _____________lt_1S_____ ~awfully siezed of the said premises in fee simple; ti~at the same are free, clear and dis- ~
equity, and that-------1~_------------- wili and ~ shall warrant and
charged from all liens and encumbrances in law or in ~ • ' ~SUCCeS~QrS ~
defend the title to the same to the said MORTGAGEE, its successors and assigns, forever against the lawful claims and demartds of all persons;
PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore described,•and
shall truly, promptly and fully perform, discharge, exetute, compleie, comply ~vith and abide by each and every the stipulations, agreements,
conditions and covenants of said promissory note and of this Mortgage, then this Mortgage and the Estate hereby created sha~l cease and be
null and voirl.
IT IS U~~DERSTOOD that the word "Mortgagor" whether in the singular or plural anyv+here 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 anywhere in this Mortgage shall be taken
to mean "his," "her," or "its," wherever the context so implies or admits. Also, that wherever there is a reference in the covenants and
agreements herein contained to'any of the parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, suc-
cessors and assigns (either voluniary by act of the parties or involuntary by operation of the law) of the same and that the covenants herein
contained shall bind and the benefits and advantages inure to the respective heirs, legal representatives, successors and assigns of the
parties hereto.
And said Mortgagors, for themselves and their heirs, legal representatives, successors and assigns, hereby jointly and severaily covenant ~
and agree to and with the said MORTGAGEE, its successors and assigns: :
1. To pay ail and singular the principal and interest and the various and sundry sums of money payable by virtue of said promissory
note, and this mortgage, each and every promptly on the days respectively the same severally become due.
2. To pay all and singular the taxes, auessments, levies, liabilities, obligations and incumbrances of every nature and kind now on
said described property, or that nereafter may be imposed, suffered, placed, levied, or assessed thereon or that hereafter may be levied or
assessed upon this Morigage, or the indebtedness secured hereby, each and every, when due and payable 'according to la~v, 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 s
satisfied and discharged of retord and the original official document (such as, for instance, the tax receipt or the satisfaction paper officially F
endorsed or certified) shall be placed in the hands of said MORTGAGEE within ten days next after payment; and in the event that any thereof ~
is not paid, satisfied and discharged, said MORTGAGEE may at any time pay the s~me or any part there4f witl~ut 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 shall be immediately
~ due and payable and shall bear interest from the date thereof until paid at the rate of six and si~ot~~,nete per centum per annum and together ~
with such interest shall be secured by the lien of this mortgage. QI r
3. To place and continuously keep on the buildings now or hereafter situated on said land and on all equipment a~d personalty cov- ?
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 tomado insurance in the usual standard policy form,in a sum approved by the MORTGAGEE, in such company or campanies i
as the MORTGAGEE may dirett; and all fire and tornado insurance policies on any of said buildings, any interest therein or part thereof, in the s
aggregate sum aforesaid or in excess thereof, shall contain the usual standard mortgagee clause or such other c!ause as the Mortgagee may ~
require, making the loss under said policies, each and every, payable to said MORTGAGEE as its interest may appear, and eacFr and every ;
s~ch policy shall be promptly assigned and delivered to and held by said MORTGAGEE as further security to said mortgage debt. and, not ;
, less than ten (10) days in advance of fhe expiretion of eath policy, to deliver to said MORTGAGEE a renewal thereof, together with a ~eceipt :
for the premium of such renewal; and there shall be no fire or tornado insurance placed on any of said buildings, any interest therein or
part thereof, unless in the form and with the loss payable as aforesaid; an~i in the event any sum of money becc~mes payable under suth
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