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HomeMy WebLinkAbout1242 ~ ~ ~ ~ ~Y 1450'75 ~ ; THIS INDENTURE, Made tF~e___~.r~~---- DaY ot-- ~r~_____~ , A: C. 19 betwee~ ~ ___~fIL~I,~1~i _ j`. STRQN~ _and.RUBY S STRONGa_. his wife_ of._~~_._. ~~~ie c«,~+y. Florida. heninafter dssl`n~ted u ths "MORTGAOOR." and FIRST FEDER/1l SAVINGS M1D LONV /I,SSOCI/1TfON OF INQIAN RIVF,R COUNTY, s capaatlon orpnlzed snd existir~ under the lawt of th~ U~ited Shtes ~f M~lp ' and having its p~incipal plao~ of busineu in ths Ciy of Vero 8ead?, Indian Rivsr County. Florida, hereinaher desi~nated u the "MORTGAGEE" ~ ti+oRTCr?coR h j~ ths MORTG~IGEE r~ of. Six 'I7lousand Three Hundred a~ld (esr~ncad~_____) Dol lars. good .~a awfu~ ma,.,? of N,. United stat« ad~?.naa e~? e!a MOF:TGIIGEE unto tM MORTGAGOR. ~ by a oertsin pro~r?issory note of evar+ date herowith, of vrhich tM followin~ in wads and fl~ures is a trus oopy, to-wih. ~ s_~.~QQ.QQ_.. , . x• )f ~ . ~ rb._~__ ~s Vero Beach. Fbrids. ~~i~ ~ • _ ~ _m.-- 19_..~2 For vslue received 1 or we 1Wntly a severally pranise to psy to FIRST FEDERAL SAVINGS M1D IOMI /~SSOCIATION OF INDIM{ RIVER C~UNTY. ths swn of =~2~~~~__-----•--- at (fs offios in Vero 8sich. Florids, wlth Mterost at the rale of 6. 6 oer otnt per s~~. in the folbwin~ mtnner. = 63. ~ ~~pon tht H~st of eath and every month hemsfter unHl the iul) principal s~en~ with interest. hss been p+id: said mo~thly psymenfs shall be applied first to tfie payment of intercst on the txrpaid balante. and M~en to the p,iyr~ant of prinelpsl. This rwt~ is ne~otiabk ud if d~hul! in payment ooturs„ msy be Ptated in the hands of an sttorney at law tor tollsctioe. 1~ which evc~+t I o? we a~roe to pay the costs of oollection. including s reasonabk attorney's fes. and esch of us, whether m~ker~ ~uarantor or sndorsar, heroby severally waives dKna~d. notke of non-payment and pootest of this note. ._~s~Wi~liam~j. _Strong_____~_ ~,,,a __~s Ruby 3. Stron~_ ~,Q In the event sny psyment is ~ot made prior w ths 20th d~y of the month w1~en due, then this tat~ shall b~ar interest at the ab of 8.4 ~ from the date amr such payment betame due and throu~houf the perlod of such delinpwncy. Shh atamps paid snd pntelted on original of this nob in the amamt of i-~Zs NOW. THEREFORE, th~ MORTG/1GOR for ths purposs of seturing ths papnent of the ssid wm of S 6..a_3~• ~ and ths Perfom~anu of ths oov~ann and a~roeenents hereinsft~a express~d, and for diwrs sood snd valwbk oonsideratiaea. bY tF~ae Presanls. does grant. ba?Qain. sell. remise. rck~ase, oorney snd aonfirm unto the MORTG/1GEE ih u~ooessors and assi~ns. sll thst oerbi~ lot. pi~os or proel of Iand. sitwts, ~Y~+B snd beir~ in the Gainy of and Shte of Florids. dest?ibed ss folbws: Lot 9 and Lot 37, of HILLVIEW, a subdivision in Section 21, Township 34 South, Range 40 East, according to a plat thereof recorded in Plat Book 9, page 52, of the public records of St. Lucie County, Florida. 4Q ou~~ _ 3 z o_Socua~t~r°p ~ L O R ~ t~~ w~aurr 1~ MAt ER 2072~ A~ s pF 1lI1R~~TY S~AMp • o = a~r-c~- . RoG~~t ~OR~S~ a«t pra~~ ~ y ~ = = ~~Q.~ 1~a CUkTfS M. JAMt~ " ax e~~ 9 4 3, a` T . h . ~ aa~c roaerh.. ,Mch sna singua~ the r~,n, r~ta~r~+n ar,a pq,rte~r~c~ thero~,nto b.lo~b~ o. in a+rwise spperbwn~ tF~eto. .~e all ronts. issuas. Prooaeds srd profitt soauin~ and to socrw from sdd p~erniset, dl of wF~id~ aro incl+dsd in the abave and fo~esclr~ ds- 3cription ind habendsxn, TO HAVE MID TO HOLD tfie sbavs described and gnnted premises unto the said MORTGAGEE~ its wocessors and assi~s forev~er. Md ths ssW MORTGI~COR for Lilelr 1,etrs. sdndoishaton and as:i~ns. hereby oavensnts with+the saW MORtG/1C~. its woos~ sors and assi~ns. thst the~r are (awfully siezed of the said pramises in fee simpk; that the same aro froe. clar snd ~s- charged from stl tiens and eno~xnbrances tn law or in equity, and that_____~~C wil! and ~6~ heirs shsll wa~rant and defend ths title to the sarr~e to the ssid MORTC/?GEE, its wooeuors snd ssst~ns, forever agalnst the Iswful tlaims and dema~+ds of aii Psrsons: ~ PROVIDED. ALWAYS th~t if ths MORTG/1iGOR sfisll pay unto ths MORTCJI~GEE the promtssory ~ote he~einbefore dssuibed. and i shalr m,~y. prompNr and fi,tly verform. discharge. ezeaite~ oomplete. cor,,pi~? wlrh ,nd abkle by each ana every tt~e stivulations. ~ n Ilu and voN. oarerants of saW promissay note and of tNs Mortga~e. then this Mat~sge and the Ests» hereby ueated slnll oease and be ~ IT tS Ul1DERSTOOD that the word "Mortgagor" w}~ether 1n ths singubr or plunl snywhere in this Mort~,sQe, shsll bs sin~ular if on~ only and ahall be plunl joirMiy and severaity if more tt~n one. and that tF~e word "Their' as used an~s in this Mwt~s~e shall bs tskan j to mes~ ••his.•• ••F+er~ • or ••its where+rer the oontext w implies or admit: /1lso. tha~ wheroMx tl~e is a+eferanos in t1~e oo~enants ind ; agreeenents herein contained to u~y of the parties hereto. the sams shall be ao~strued to mesn as well as the hairs, kW~ neprosenqtnns, suc- € cessors a~d assigns (eitMr vduntary by act of the parties o? inrduntary bY operation of the Isw) of tfie ssms and that the oora~anis I~ein co~tained shal! Wrxf ard ths benefits and advantages inum !o the tespective heirs. bga~ reprosentaHves, wotassors snd sssi~ns of th~ F Darties hereto. ~ r Md said Mort~Bors. for tt~nnselves and their hairs. k~al rcprese~htives. wocenors and assigns, herobY Jotntly snd severally oovenant ' and agree ro and weth the ssid MORTGAGEE. Its wccessors ard sssiQr?s: ` 1. To pay sll snd singular ths principal snd interest and H+e various snd wndry wrns of moneY WYabk by virtue of said PronaissorY note. and tfds mort~ags, esch ard every P~~D~ff? ~ the dsys respectively the same severally betorr~e due. 2 To pay all and singulsr ths lazes, asses~ents, leyies liabiliNas, obii~stlans a~d ina~nbrances of every n~turs and kind now on uid describtd property, or that hereafter may be irtiposed, wffered. Piated. levied. ot assessed tF~ereon or thtt herasfter m~y be isvied or m assessed won this Mortgage, or ths rndebredness sswnd heroby. each and every. w1~e due uxi payable aooo.di~?g to law. beton thay ba come delinquent, and beiore any inhrest attaches oranyp~s ity is incurred; and insofar as any theroof is of reoord the sarns shall bs pranptly satisHed and disd~arged of reoord ard the original officiai I od a~nt (wch as. for instsnce. the tax reoeipt or ths satisfaction p~aper offidslly i endorsed or tertifia~ sh~!! be plsted !n the f~snds of s~M MORTGAGEE within ten dsys next after payrnent; sn~ ~riha e~rent that any tl~enof ' is not Paid. satisfied and disd~u~ed. asid MORTGAGEE msy at ury time p~ayy the same orsny part theroof without wairins or affatin~ u+Y ; oPt(on. ~ien. e4uitY. or rigfit under or by Wrtus of tNs Mort~s~e, and the full arno~t of exh and ev~ery such psymint shsli. bs ierrwdtstely ~ due ~nd paysbb and shsll bear i~terost from the dste theroof until psW at the nte of six and six-tenths per oe~tun per arrw~n and to,ett~ ' witfi such interest shall be seaued by the lien of tlds mort~~~e. ` 3. To place snd oontinuousty keep on ths bulldi ngs now or F+e.eafter sitwted on said land and on all equiprr~nt and pe~sonsiry oov- ' ered by this martgage. with all premiums tt~eon paW in full. flro inwrsnce in the uwal standard policy form, in s sun ! MORTGAGEE~ snd tornsdo inwance in tl:e uaual standsrd in s sun ` as the MOR7C:I~GEE PdkY ~m. ~PPro~?ed bY ths MORTG/1GEE, in such aomprny or oompar~tes erisY dlroct; and a!! Hre snd torna~lo i~ux~o~ polides on ury of said buildin~s, any interost ti~arein a part tF~ereof~ M tFr ~ aH6regste wrn ~foresaid or in ezoess theroof. shali oonhin ths uswl standsrd mort~sHee clause or su~d~ other clsuse ss the Matp~ee mhr w~d~ p~olky sF~ia~ll b~ ioss uid~ said potities. esth s~d~y . to ssid MORTG~IGEE at fts Interest mai' ~DP~?. and e~tF~ and every DromPth mf~pnsd snd d~lhrerad to and Mid~s~id MOitTGI~GEE ss fwthsr seauity to ssid morttap debt. u~ not less t1~sn ten (10) days in advsnca of the e~i?stion of eKh DoIkY. to ddivsr to satd MORTGA~GEE a nnewai tlisroof. ta~etMr witfi a neoiipt iw tht pr~a~rnium of such ~+enewal; and lh~rs shsll b~ ~o fle~ o? torns~b ir~s~o~ placed on my of sald buildn~s, arry interest thaein or part tF~sreof. unless in ths iorm and with the loss p~yabb as aforesaid; ~nd in th~ e~wnt any wm of ma~r b~oonws p~yabit ur~M~ wch ' FFIRC--251-1M-S-64-M ~ ; . E:i . ~ . ~ . . _ . . _ - - rc 'x~~- ~*~-',i,g ~ . _ - - - -a~,s~r~§~~tr'ra r'°"~ _ _ - ~3`~.~~