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HomeMy WebLinkAbout2362 P f ~ ~ . • ~ ~ 1 l . . \ . , V THIS INDENTURE, Mede the ~}'h d~y of `~un~ A.D. 19 6~ betw~en SAlv~tore R._Vascellaro an P y s. asce ~ro, is wi~'e o{ .Sa~11t LUC~A ~ Cp~n4y florida, hereinafte+ de~ignateii as the "MORTGAGOR," a~d FlRST FEDERAI SAVINGS AND IOAN ASSOCIAIlOM OF FOR7 PIERCE, a corporotion organized and e:istinq undx the law~ of the United 5t~t~a of America ~nd h~vir.p fts prindpal plsc~ of business in tM City ef Fo» Pi~res, St, lucia County, florida, hareinah~r dasiynatad th~ "MOLRiGAGEE:' WMEREAS tM MORTGAGOR is justly indebted to iM MORTGAGEE in ihe sum of j~ f a~O ~~4 T, good ertd ?awful money of +he United Stetex advanced by the MORTGAGEE unto 1he Mt7RTGAGOR, ns evidenced by a cenain promiasory note of even date herewith, af whi~h t:ie foliowinq in wordi ~nd figures i~ a tru~ copy, to-wit: ~~~~]~0~~~1 .JUI19 ~~.~~~4~ Furt Pierte, ~iw ide, ~ 19 fw val~a received, t, we or either of us, promise to ~jay, without dafslcation, 1o the order of FIR~T FEbERAL V~NL ~~S AND LOAN AS$OCIATI(iN 4f FqRT PIERCE et furt Pierce, Florida, the :um of j 1~ b~" with inter from date at fhe rate of~~ "_'^y, per anr.um, ir. Tonthly initalf- mertrs a~ foNow~: f s J~ an firol day af ~`jl'~~~ 19 and s lika sum on the correapo~diny day of eath month thers- Af~r until the whole be fuily paid. ~a~h installment first shall be applied in payment of the interest and then o~ the un~id bai~nce of tfie prineipet sum. If defau'f is made in the paymrnt ef.d{ey irvra~ln~ent whe~ due, and such defeult cantin~e~ 30 days, then at the option of thn haider, and without any othe~ notice, all the remaining ~ns~al(mrqtv shall ba due and payable at once. Privilege i~ given to prepey this ~ote +n whole or in part at any time without penalty. Neither fonrebearance, nov atteptence hy the holder thereof after any defau~t in •ny payments hereon, ahali be deemed extens~on. A late payment cherge of ~_L~7][, shsll ba addsJ to each i~staHment rrmaining unpaid 7 day~ after its due dite, snd a Uke sum shell 6e added to each such installment remaining unpaid 7 days aftar ~ach ~~ccaeding paymam date. Each msker, surety and endoraer hereof, jointly and seve:aily, waive~ demand, presen!ment prateef and notice of protest for nonpayment, end furthe~ agreex to any >ztension of time of payment, either before or aftar maturity, without norite to any of us; and ta pay all costs ~F collection, includ~ng e reasonable attorney's fee in the event of any defavlt here~nder, and hereby severally weives atl benefit ot homettcad and exemptian under the constitution and lawi of each State of the United Stetcs, as agairtot this ebligation or any eatension or renawat hereof. Witnesi the ha~d and seal of each party. St~1v~ tore R. Vascellaro ~sEA~> s, ~h ly l~s D. V~scellaro ($EAU (SEAI) ~ ~ ~ J'~~ 1 $tele Revenve «LI (Stamp~ u~!!ed on originat rwte) NOW, 7HEREFpRE, tha MORTGAGOR for tha purposa of scc~ring payment of said sum of S 6~0 r~~ a~d fFre performance of the covtnar.ts snd agreements hereinafter expressed, and for dive~s yood and valuable con~iderations, by thess presenti, dne: granr, bargain, ~el1, rem;se, releasa, convey and cnnfirm unto the MORTGAGEE, iri ~ucceswrt and aasi~ns, ell thet tertain lot, piate or partel of land, situate, lyinq, and be+ng in the Cwnry of ~e lri .~,11C ~ S ac~d 5tate uf Florida, desuibed es follows: `~'he ~outh 72 feet of Lot 26 of the revisnd o1s~ of 1'a0t~ AC,RES, UNIT ~ccardin~ ~o a r~lat ~hereof recorded i_n ?1Q.t Tiook 7, at r~a~ze of the public records of St. Lucie CountY, F~.orids~ ~ ZU ~ ~ ~k r~?vME11T OF 7A7[m pU~~~~~SS'~~~GIBLE ~ERSONAI PRO!'ERTY~ pU~cU~NT 7G~ CNAPTER 20724, ACT5 OF 1941, ROG R PO~jRr'+~ ~ Clerk Ctrtuit C~urt as A~e~+t for CU Tan Cdlacloe~ ~~.~;.~o~y W S ji~T ~ ~F F~ORiDA ~ /~h,~~ c~ i.3'.. DOGIlMEN~'~AO" ~,AMP TAX _ ~yy C~t~ Di~PUTIf CI~RK ~ JUl-r6s °~2~ ° ~ ~Z~~~ N U COMA7ROlLER . (,`~s"y - ~!(j.140138 ~cbw~~ - togeths~ with ali snd ~ingular >he tanements, hereditaments and appurtances thereunto kxlonging or in anywiu appertaininq thereso, •nd all r~nts, iuuet, proteeds end profits accruing arsd to eccrue frarr ~aid prcmise:, all of which are included in tha abov~ and foreqoiny deicription and habendum. TO HAVE AND TO FiOLD ihe above described and granted premises unto the uid MOR?GAGEE, iff successors •nd atfigns forever. And the i~ld MORTGAGOR for heirt, exe:utors, administretors ard assigni, hereby covenanri with the feid hAORTGAGEE, it~ suttessors and awipru, that --~Q~--~'~--- lawfuliy seized ot thtr taid p~amises in fee simpte; thst th~ ramt sre fre+, tlesr snd diuharged from sll liens and ~ntur»- brances in faw or in equity, and that- rhAV ~ W~~~ a~ their hein shall warrant and defend tha title to the sams to the said MORTGAGEE, its iuccsssors and assigns, fwever agaiys! ihe lawtul clnima and demarsds of •li perso~s; PROVI'JED, ALWAYS that if the MORTGAGOR shall pay unto ihe MORTGAGEE the prcxnlastiry note hereinbefore ~escribed and ahsll truiy, promptty ~ and fulfy perfarm, discharge, ezecute, camplete, comply with end ab'rde by each ene~ every tbe stipulstions, aqreemtnts, co~ditio~i and covenanes of a~id promiasory note end of thi• Mortgags, then this Mertgage and the Esrate hereby created shall ceese anci bs null and void. IT IS UNDERSTOOD that the word "Nlortgagor" whether in the •ingular w plural snywher~ in this Nlortgage, ~hall be singu~ar if one only and ihall ba plural jointly a~d sevarally if more than one, end tirat the wwd "their" es used anywhtre irt thi~ Mortgsge shall be takan to mean "hii,"' "Mrs," or "its," wherever the context w implies or edrr,its, Also, that wherever there ii a referanco in th~ tovtnant~ and aflr~embnta herein contained to ~ny of the perties hereto, the same zhall be casserued to mean a~ well as the heiri, Ityai r~p~esent~tives, iuccessara and assigns (aither votuntsry by ~ct ot ths partiet or invalvntery by oQeration of the Isve) of the ssme and that the covenants herein contained thall bind and the benefits and edvantayt~ inure to the respectivs heirs, laqal rapreuntatives, tuccessors and ai~'qm of the p~r4ia hereto. And said Mortqsgora, for themaelves and their heirs, legal repreuntatives, svccesiori and essiqni, hereby jointly and severa(ty corensnt and ~qr~e to end with the seid MORTGAGEE, itf succtstors and aaignf: T. To pay al! and einQulsr the p~intipal rnd intereat artd tl~a variau~ ~nd w~dry fums of mortey payable by virtue of seid promiuory note, and thi• mortgaqe, esch ~nd every, pramptly on thr days respecrively the :artu wv~rally become dus. 2. To p~y •II ~rr~ ainqulsr the tax~, asseumenri, leviet, liobif~t~es, obliya4iw+a irsd ~ncumb?ances of every naturs and Eind naw a~ taid dsx?ibast property, ar that hereaher rtuy ba impowd, fuff~red, placed, leviad, w ~ssessed thereo~, c~r that hereafter may be Icvied or aisessed upon thi~ Matq- age, or the f+~dabtedneu secured hersby, e~ch and svery, wMn dvt +~d payabl~, attwdirg to law, befwe they bacom~ de~inquent, •nd befwt any inter~st attechei or any penalty i• incurred; AtdD fN5C5~Ait AS ANY THEitfOf IS Of RKORD 7HE 9AME SHAlL EE PROMPiLY SAi15P1ED AND DISCHARGf9 OF RFCORD AND THF ORIGlNAL OFFItIAI DOCUMEN7 (SUCH AS. POR INSTAN~E, THE TAX REGEtPT QR THE SATISFACTION PAPER OFi~CIALIY ENOORSfD OR CERTIFIEO) SHALC BE PLACED IN THE HANDS OF SAID MORTGAGEE WrlTHIN TE~J DAYS NfXT AfTER PAYMENT; end in the event 4hat any fhrrsaf it rwt patd, saf'ified end dischsrged sa'd MORTC~AGEE msy at sny time pay the ~sme w~ny psrf tFxreof wittwut waiving ~r effecti~y any option, lien, ~quity or .iqht unde~ or by virt~e of this mortgage snd the fuil amount of each snd overy ~~ch payment ihall be immtdiately dve and payable snd shall besr i~terest i~am the dete thereof until paid at rate of n~ne per centum per annum rnd tagether with such irtrerett ahall be secu.ad by the ~~en of th:s morflt+fl~~ B~R~ i~1 ~~3 - - Y - -