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Home My WebLink About1714 1505'7166 ~ THIS INDENTURE. Made the._..lSt---_..._. Oay of. DeCeIY1~Y'~..____._.~T._..---- /1. D. 19..,~. tetween _ RICH_ARD_ . STRINGER and PATRICIA A. S'T~RII3GER', his wife_ _ _ . of .__lI1V1311 R11f~Y------- Cau~ty. Fbrida. hcrei~aher dositr?ated as the "Mlc)RTGIIGOR,•• and FfRST FEOER/lL SAViNGS M1D LOM1 ASSOC111TION OF INDIMJ RIVER COUNTY, a corponticn orQani:ed and existinQ urr.ier the laws ot the United States of An~ric+ and havin~ its pcinc~pal ~late of business i~ the Ciy of Vero 6each, India~ River County, Flarids, hereinafter desig~ated ss the "MORTGJ~GEE" ~ WHEQ~$,,~M MORTGAGOR is just ~ the MORTGAGEE in the wm of ~~YE%_ ~041S1I1(~~ 'Iliree H~red { _ 8QC1 IlU/ l~lll- (S ~ s~~ Doila?s, good and lawful mo~ey of the United States sdvsncsd by the j MORT4~GEE unro the MORTGACOR. as evide~ced by s certain p~an~ssory note of even date t.e~ewith. of wNch ~~+e fo!bwin~ in words ~ and figures is s true topy, to-wir (~~(~C t n~.. . - ~ s 5,.30D. 00 - • v~ ee~h, Florida. ..__I~Geml~er__1,_~ - i966 _ • For value received 1 or we jointly w severaliy promise to pay to FIRST FEDERAL SAViNGS /W~ LOMI NSSOCIATION OF INDIMI ~ RIVER COUNTY. the sum of s~, QQ--- at its dfice in Vero Beach. Fiorida. with i~te•est at the nte of___. 6~9 ; per tent per anrnxn. in the follo~win~ manner. s € S,SS,-(~-~--- upw~ the first of exh a~d every r»onth hereafter until the full principal aun. with interest, has t~.~en paid; said a mo~thiy payrnents shall be applied first to the {iayment of interest on the unpaid balance. and then to the psyment of printipal. . This note is nogotiable and if default in payment occu?s. may be Placed in the ha~ds of an attorney at law for collection, in which t event 1 0? we sgrce to pay the ooats of collection. inciuding a~easonable attorney's fee. and each of us. wF~ether maker. gua?antor or eodorser. hareby severaify waives demand, notice of non-payment and protest of this note. ? ~s~Richard_~.~.. Stringer --------------_---cs~a ~ ~s~Patricia A._. Stringer ~__._~!__~,p : - ~ In the event any payment is not made prior to the 20th dsy of the month wF~en due, then this note shail bear intefest at tho rate of 8.496 from the date u~y wch payment betame due and thtaighout the period of wch dellnque~+ty. State stamps paid a~d ca~celled on original of this note in the amax?t of s. 7_ ~S i NOW. THEREFORE, the MORTGAGOR for the pu~pose of securing the payment of tF+e said wm of S. 5 3~'-~ and the : perforrr~ance of the covenants and agreements hercinaher e~ressed. and for dvers good and valuable considerations. bY these presents. does - grant. bargain~ sell, remise, release. tonvey and confirm unto the MORTGAGEE its successors and assigra. all that certain lot. piete or parcel of ! land, situste. lying and being in the Couny of ---___~t.__~~L~ and Shte of Florida. described as follows~ ; 'llie East 65 feet of the West 73~ feet of Lot 38 of MARAVILLA GARDENS, UNIT #1, a Subdivision according to a plat thereof recorded in Plat Book 6, at page 55, of the Public Record5 of St. Lucie County, Florida. . /D'"C~ RECi~YED f IH rAr~pf~OFTAXtsb - DUE ON CIASS'C' INTANGIBLE pEgyppl?~ p~E~~ ~j ~ • N ~ L ~ - ` • : ; j~ j.~ PURSUANT TO CHAPTERl072S, I?~TS OF 1941 c~ ~ DOCUb+~:JTA'?" ,STtiMP TAX ROG'R °CITiU;, perk C~rcuh C~ • ~ = fi~C-8'66 ~ = os Agent fior CU2TIS 11A. ~AMES = ~°ig~ ~ 7 9 5~ sr. u,a. r~ ' N1 C~':!PTFC! l:Rr~, ~ - ~~.'S31:R ~ ~i DEPUTY C together with all and singular the tenements, hereditaments and appurtenances thereunto belonging o? in anywise appe~aining the~eto, and ~ all rents, iswes. proceeds and profits aotruing and to aocrue from ssld premises. all of which arc included in the above and foregdng de- ~ scription and habendum. TO HAVE AND TO HO~D The above described and grented premises unto the said MORTGAGEE, its wttessors and assigns forever- And the said MORTGAGOR for__S~1r_heirs, executors, administrators and assigns. hereby covenants with the said MORTGAGEE. ifs succes- sors and assi L~le are _________.lawfu~h~ si°zed of the said premises in fee simple; that the same are free. clear and dis- Bns. that--------y-------------- charged from all liens and ereaunbrances in law or in equity. and that_._111~~L will and ---L~e]r heirs shall vnrrant acd defend the tiNe to~the same to the said MORTGAGEE, its wccessors and assigru, forever against the lawful clairnt and demands of all persons; PROVIDED. ALWAYS that if the MORTGACAR shall pay unto tFx MORTGAGEE the promissory note hereinbefwe described, and shall truly. pramptly and fully pe~form, discharge. execute. complete. comply with and abide by each and every the stipulations. agreert~e~ts. conditions and oovenants of said promiuory note and of this Mortgage. tF?e~ this iNortgage and the Estate hereby created shall cease and be null and vowl. IT IS UNDERSTOO~ tha~ the word "Mortgagor" whether in the singular or plural anywhere in this Mortgage, shatl 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 ro mean "his." "hes,° or "its," wherever the context so implies or admits. Also, that wherever there is a reference in the covenants and ~ agreertients herein contained to any of the parties hereto, the same shall be tonstrued to mean as well as the heirs. legal representatives, wc- cessors and assigns (either wluntary by act of the parties or invoiuntary by aperation of thg law) of ihe same and that the covenants herein contained shall bind and the benefits and advantages inure to the respective heirs, legal representatives, wcces_~ors and assigns of the parties hereto. And said Mortgagors. fof themselves and iheir fieirs, legal representatives, suttessors and assigru, hereby jointly and severally covenant and agree to and with the said MORTGAGEE, its suctessors and assigns: 1. To pay all and singular the principal and interest and the various and sundry wms of money payable by virtue of said pmmissory note, and this mortgage, each and every. promptly on the days respectively the samx severally becort~e due. 2. To pay all and singutar the taxes, asxessrr.ents, levies, lia~,ilities. obligatiorn and incumbrantes of every nature and kind now on said dexribed property. or that he~eafter may be imposed, wffered, placed. levied, or ss=essed thereon or that hereafter may be levied or ~ssessed upon this Mortgage, or the indebtedness secured hereby, each and every, when due a~d payable according to law, befwe they be- come delinquent, a~d befose any interest attaches or any penalry is incurred; and insofar as ar?y thereof is of record the same shall be promptly satisfied and distharged of record and the original offitial document (s~;ch as, for instance, the tax receipt or the satisfaction paper offitiaily endorsed or certifie~ shall be placed in the hands of said MORTGAGEE within ten days next after payment; ar?d in the event that amr thereof is mS paid, satisfied and dixharged, said MORTGAGEE may at any time pay the same or amr 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 wch payment shall be immediately due and payable and shafl bear interest from ihe date thereof until paid at the rate of six ard~~ths per centum per annum a~d together with such interest shall be secured by the lien of this mortgage. 3. To place and continuotaly keep on the buitdings now or hereaffer situated on said land and o~ all equipment and personalty cw- - ered by this rtwrtgage, with all premiums thereon paid in full, fi~e inwrante in the uwal standard policy form, in a wm approved by the ~ A50RTGAGEE, and tornado insuraoce in the uwal standard poliq form,in a wm apprwed by the MORTGAGEE, in wth company or tort~panies as the MORTG/1GEE may dirett; and afl fire and tornado insurance policies on ariy oE said buildings, any interest therein or part thereof, in the aggregate wm aforesaid or in exce~ thereot, shall contain the usual standard mortgagee clause or wch 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 eath and every such poliq shall be prortptly assigned and delivered to and held by said M0~2TGAGEE as further seturity ta said mo?tg,age debt, and, not less than ten (10) days in advance of the eupiratian of each polity, b deliver to said MORTGAGEE a renewal thereof, together with a receipt for the premium of wch ~eneMral; and there shall be ra fire or tomado iruurance placed on any of said buiWings, any interest therein or pa•t thereof, unless in the form and with the bss payable as aforesaid; and in tfie event any wm of money becort~es payable unde~ such F F ~~c-zs~-~ M-s~-M so PAGE 5.1.~ go~1 - - ~ _ ~ ~ _ - , - ;T ~ ~ ; - _ : _ : ~ ~ ' -