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Home My WebLink About1992 ,~~cor~~'d-~'" / ~ gY',' ; . ~ ~~=~'~i~. C\er ?c ; ~ . ~ P~~~~s, Know A,II 1VIe~ l~y 7C'hes~ g'reeente, ~ 1.3~.~~~. ~ . . 4~ 'rHAT~ JAt~S A. STRAN~g and I~3ARY LSB' STRANGB; his wife, ~ ~ ~ • ~ z~ of St. I.ucie County, Stata of F'lorida, herQinafter p~lleci tho mortgagor, whioh term aud all pronaune ueed ' in connection therervith, shall be eoru3trueci to inciude the singular aind the plural~ the ma~culine and the feminine or the neuter~ ~nd also the heir$, exec:utor»~ aclmini~tratore, eucces~ors and assigne of the mortgagor, ae th~a eontext m~y require~ do hereby grant, barguin, ~eell and convey unto AT~CU FINANCIAL CORPU1tATI0N~ a Dela~are ~ corporation, suthoriz~d ~o transact business`in Florida, haviag ita Home Office ia r_ Miami, Florida, , hercinalter called the mortgagee, whibh term, and all pranoune useti in conneetioi~ therawii.h, ~ shalt be co~~etrucri to include the successors anci assigne of ttie mortgsgee~ ~s Lhe context may require, the following ~ described real eetate, ~vith ull buitdinge nnd improvements now or hereafter erectscl thereon, ~ituat~d in • ~ . Y Fort Pierce , in the Co~inty of St, Lucie and State of Florids, ta wit: ~ ~ ~ • ~ . . Fran the intersec~ion of ~he Sast Rig~t~tMof-k~ay line of the F,~.C. Aell~ay and the South Iine of the South 50a feQt o£ the Pbrth 750 teet of G4v~rnmeat ~ Lot 4, Se~t~on 1S, ToWnahip 3S South,;Range 4A Bsst, St. Iucie County~ Florida; ' ' run Noxthweaterly along said BaAt xig~ht•o#-iday 325.27 feet ta the po;Lnt of . beginning; thence conti~nue along the Right-of~iiay line 198.0 feet t4.a concrete ' monument wh~,ch is 250 feet due 3outh:t~t the Noxth 11ue of said Government Lot y, thence run Bask parallel ~ith the North line of I,ot 4, a diataace of 320 , , ~ feet to the center~ine o~ South Indi~i River Drive, thence continue Baet to• ! the West Shore of the Indian River, Chence run Southeasterly along the Shore ' 157.3 feet to a point that is 150 fe~t due South of the.North line of~this parc~l, thence run West parallel witti~the North line to the centerlipe of r~ South T,ndian River Drive, thence con4~inue ~iest 11S feet, thence rua South ; 79° 30' West, a d~stance of 198.6 feet to the point of beginning. i' ~ ' . • . . . . . . . ~ . ~ Th~e mortgagor agrees to pay to the cnortgagee ~on. each date upon~ ~hich ineerest. ie i' ~ j Qayab2e, if xequired by ~he mortgagee, such ~ounts as the mortgagee u~y esti~o4a~e fxom time to ~~me as necessary to create andi~aintain a reserve £und from ~fiich ~ ~ to pay taxes and special assessments before~~u,uy penalty attaches far nonpaymelat j ~ and pre~iums for such i.nsurance as required i~;rein when due; that payments £r:om ' ~ ; said reserve fund for said purpases may be made by the mortgagee at its discret~on; and that in the refunding of maney froan eaid~reserve fuud at any time, ths mortga- gee may deal With the party or par~3.es at th~t time represented to the mortgagee ~ as the owner or owners of said property, ~ ' _ , , ~ , ' ~ - ~ - . ; . . : . . . ~ together ~vith all ~ncl eingular the easements, tenementa, here~litaments, appt~ttenances and other righte aad privileges i thereunto belon 'ri or in an wise now or hereafter a x g~ g y ppertaihing, and the rents, issttes and profiLs thereof; ~d also 4~ - alt apparatus and fixtures now or hereafter erected or placed ln or upoa said real estate or now or hereafter attsched to or used in connection with said real e~tate, whether or not~.Lhe eRme have or would become p~art of said~real ~tate = by attschment thereto, including without in any wise lirniting the generality of the foregoing~ all boilera, furnaces, heaters, stoves, rahges, oi1 bucners, raantel», ga~ and electric~jight fixtures; refrigerating apparatus, ventilating or air conditianinq systetn, elevator~, screens, screen doore, awnings;;6linda, window ahad~, kitchen aabinets, floar coveringa~ r lobby furnishings, gas and oil tanke and equipment, pipes, ~1!ires and plumbing, all of which shall be considered as ~ annexecl to and forming a part of the freehold hereby mortg,aaed, , i TO HAVE AND TO HOLD the above-granted prer~fises with all said et~einents, tenemente, hei~iitaments, ~ ennurtenar?ce$ and other ri~hts and privileg~ thereunto belopging or in any wise now or hereaf ter appertaining unto ~ and to the use of ~he raortgagce, its successors and assigns, fqrever.. L THE MORTGAGOR HEREBY COVEN ~NTS with:;he mart~aa{See that the mortgagor is indefeasibly eeir~sd, ? of ~he mortgaged premises in fee aimple and has full po~ver ~a~id_ luwful right to sell and convey the sanae as aforesaid; . f that the mortgaged premises are free and elear of tsll liena ani# e~cumbrances escept as h~rein otherwiea .recited•, f,hat ~ ; the mortgagor will make and execute such i~rther asaurance .to perfect the fee eimpte title to the martgage~i preinises - = ~ in eaid mortgageQ as may reasonably be requirecI; and the mc~rtgt?gor dces hereby futiy wacrant the titte to said mort- ~ ~ gaged premises~ and every part thereof, and ~vilt clefend tt~e sanae ag$inst ttie lawful claima sad demands of all persot~, ~ + AND THE MORTGAGOit HEREBY COVENAN~ AND AGREESc ; ~ 1. That tbia mortgage ia ~iven to secure the perfort»anc~e and obaervance of t~e covenauta an~l agreemeat~+ ~ ; herein containeci and the payment of the principai surn af s.~I~ nou„~, ~ (i 30,t}00.00 ) with interest thereon accorciing to the t~erms of a certain praniseory note of evea.date herewil~, - executed and delivered by said JAI~S A. STRANGS aud .MARY I8S STRANGE, t~is Wifs~ ' ` ~ and made payable to tho order of ~xid ATICO I~INAIdC7AI~'CORPORATIOPI, at Idissi, FloridAi" • or at such other place or plac:~s as ti?e mortgagee ~qay from time to time desi ~1ud inter~ sC i B~~e; P~~P'~ f to be psid in instaltments as specified=in s~id note, finai payment of said prineiptd eud inf~c+ea~~ . F if na~ ~ooner macie, to ba due and payaWe on th~ first day af Jsnuary ~ , 19 94 , wIW iaterest at . tsn P~r centum per annum nrhile any clefault exists ~ r i the making of any of said pa~ymeate or in tt~e perfam- ~ aaoe or obeecvance of any eoveaaut~ eoRditiai or agreernent.~n-said note, or in s~ny instrument no~? or haraeft~r evi- . ~ dencing or aecurina the same, and the holder of aaid note may ~pply psyments reoeived on ~ay eu~aounte dud tha~attnde~ ~ ' or ander the tcrn~a of any inatrument no~v ar hereaftec eviden ing or eeeuring eaid note, ae euch hdder muy deternaine; • , oQ(jpr' ~ • ' {~~/V^ ~ ~•~l,C~RJ .