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HomeMy WebLinkAbout1332 t~ i`~!592~ ~i~~ .-~.'~'94`?'f, . THIS INDENTURE. MatN tl» l~th d~y of 1~~ ~ A.D. 19 69 b~twNn Frank Laurito and Carol _Laurito_ K w ~ of St • LUC1@ ~ County Florid~, h~nin~ftw dnipMNd u th~ "MORTGAGOR." ~^d FIRST FEDERAI SAVINGS AN~ IOAN ASSOCIATION Of FORT PIERCE. • oorporatan orp~nix~d and ~xlstirq u~dK ihs Mw4 of tht lMit~d StatM of Mwriu and h~vlnp in principal plaa of bu~it~s in tlw City of hA Pi~ra. St. luti~ C.ow~ty. Flotid+. l~ueinah~r d~sipMMd a~ th~ "MORTGAGEE." WHEREAS tM MORTGAGOR is iwtly ind~bbd b tM MORTGAGEE .In ~M r'v~ of i~ 12~ _ DO , yood and lawful nwnsy of /M Un;t~d Sut~s advancad by tM MORTGAGEE unto th~ MORTGAGOR, u~vid«~d bf? ~ a~t+b~ PromissaY ~ot~ of ~ve~ da~~ herwvith, of which tM fdlowinp M wads u~d fiyur~s is ~ trw oopy, to-wit: _ S.,.j8.120.0~ . 15~734 ~ P~, ~b,,, June 13 ~9.i2~_ for value raceiwd. 1, w~ a titM? of us, promis~ to p~Y, without d~f~lution, to tM ordK of FIRST FE~ERAI SAVINGS AND IOAN ASSOCIA110N OF FORT PIERCE af Fort Pieres, Fbrida, tM sum of = 18 ~120.00 w~th inrsrest irom d~t~ ~t tM ~at~ ofZa~% p~. +M?urn. in mo~thly kuta{I- menn u follows: = 147.00 0„ ~M Sth ~y of October . 19~_ and • lilu sum on ths corr~spoodinp day of each month thKr aher until the whole bt fully paid. Each insta~lment fuat ahsll b~ appl~ed in p+yment of tM intaest ~nd then oe~ tM w+paid balance of the {ui~cip~l sum. If defauh it m~ tn 1M payment of any installment when dw, and such defauh continues 30 d~ys, th~n at 1he option of tM holde?, ~nd wilhouf ~ny otM~ nolic~, all th~ ram~irw+p ~na~allments shall be due and payabk a~ oe+ce. Privile~ is yivcn to pr~Y this not~ in whol~ or in put +t any tim~ witho~t pen+lty. NNfther for~bear+nu, nor aaeptance by the holder thercof sfter any defa~R in anY paYment~ hereon, sMll be deemed exta~sion. A late p~yment charp~ of shal) b~ added ro each inst~llment remai~inp unpaid 7 days ~her iri dw dat~, u~d ~ like swn shall be +dded ro e+ch svch iniullment r~in+np unpaid 7 d~ys ahK each succaadirg paYmenf date. Esch make~, surety and endorse~ her~of, jointly ~nd sever~lly, waives demsnd, pese~tmeM protest and notice of protest for ranp+yma+t, a~d further agrees to any extension of tim~ of payment, either before or after matwity, withou: notica to arty of us; and to psy all cosri of tolkction, includinp a reasonsbk attor~ey i fee in the event of sny default hereunde~, ~nd Mrtby sevK~lty w+ives all benefif of homestead and exemplion u~der tM constitution and laws of each Sare of the United States, as ag+insf this obliyation w any ~atensWn w renew+l he~eof- Wia?ets the h+nd and seal of eath party. /s/ Frank Laurito ~ (S~?q /s/ Carol Laurito ~ ~W ~ 27.30 ~ star. Rev~nw tStampa cancelkd on oripinal nw~) NOW, THEREFORE, the MORTGAGOR fw ths purpo~e of secvrinp p~ymeM of s~td sum of ~ 1S .~.ZO. ~ ~ a~d th~ p~r(orenance of tM covenants and ayreemenri hsrein~fter expreued. ~nd for dvers ~oa! and valwbl~ toroide?afions, by th~s~ pr~~e?ri, does 9~ant, bsrp~in, sell. ~emiw. rel~as~, eonwy and oonfirm unto tl+~ MORTGAGEE, its succ~swn ud ~ssiyn~, all th~t pruin IW, pi~a or puul of land, situat~, lyug, and b~inp in tIN ~~~y ~ S t. LuC le , and Stat~ of Fbrid~, dacr~d a follows: This instrusent prepared by RerQCOrded to cosply with the r~quir~Qnts Ja~es D. Chastain of tb~ Scriven~s•s Act as a=tnded by Saction First Foderal Savings and Loan 695.24 of the Flozida StatutQ~. Associatio~ of FoYt Pierce, Flozida Lot 12, Block 31, RIVER PARK~ UNIT #3, a sub- division according to the plat thereof recorded in Plat Book 10, Page 80, of the Public Records , of St. Lucie County, Florida, r ~N P~~~ p~ ~IIXES i PROPERrI. ~ 'C ItiTANG?BlE Pf { T TO CHAPTER 2072~. II~C7S Of 1911. ~ - RpGfR POIttUS~ Ctetk Circuit Court ~ W 5 I/-1 I~ v r t- L U!~ 1 U A KNpWIES, 1R E DOCUMENTAo~S1~AMP TAX ~ pgent bt DA~~~ ~1e~ C J~ = JUN16'69 2'~ = St LUt18 CoUQ ~ ~ ~ 2 7 3 U= COMPTROLIEA ' - Qv ~ (XERI( ~ 'c _ = 7 P.B. i9oi?e ~ ropeth~r with atl and singular tM terNments, MnditamMa ~+d ~ppurtanch /lwwroo b~lonDirg o? i^ +^Yw~ ~PPK~a~^0 ~~0• ~ all nnts, fssws, proc..ds and prafin scauirg and to acuv~ from said pnmises, all of whicb an ind~d in tM ~bow and forpdnp d~wiption and Mb~ndurn. TO HAVE AND TO HOLD th~ ~bov~ dacrib~d u~d 9nn»d prema~s umo the s+id NWRTG/WEE, its sucuasors and ~ssipns forewr. Md th~ wld ~ thei r MOR AGOR fw hein. ~x~cuton. ~dmi~istrators uid ~uipro. Fwreby oow~anri with th~ said MORTGAGEE, its s~ooawn and awipns. ~ rhat ~~@y are I~wfuly ~eized of th~ wid pnmiws in f« simpb~ tMt th~ sam~ an h~e, cMx +~+d dach+rp~d fran ~II lian and ~ncwo- ~ ~«~.y~,~r~, «~d rt~.• they ~,,,~u .,,d thei r heks ~I+atl wurant and def~nd tM titl~ to tM swn~ to tM wid MORTGAGEE, in sucuswrs u+d assgns, forewr ayairat tF~ lawfvl claims and d~m~ of ~U puwrrs PROVIDED, AIWAYS th~t if tl+e MORTGAGOR shall p~y w+w th~ MORTGAGEE th~ proma~a~y rwt~ M*dnbefon d~wib~d +^d sh+ll Mrly, promptt~? } and f~lly p~rform, d~sd~ar~. ~:~cut~, comPleh, comPh with ~nd abide by ~ach and ~v~ry the stipul~Ywm. +p~~nts, conditiom and cov~nan» of wid r p.omissory not~ and of Mii Matyaye, then t!?is Mortysy~ and th~ btat~ h~r~by aNt~d ~MII asw and b~ rwll and wid. IT IS UNOERSTOOD that tlr wo.d °Mortyapor" wtKH»* M+ th~ sin~ular or P1u?al anpwha~ in this Mwt~+p~, sh+p b~ sirpular H oM only ad ~ ~hall be plwd jointly ~nd iewrdfy if more th~n orn, a~d that tM wwd "tMir" a uwd ~nywhen in tha Mortpap~ sh+ll b~ tak~ fo nwan "his.•• "lwn.•• or "its." whsrewr tM cont~xt w knplies or admin. Also, that wh~rwu thae b ~ refa~na ln tM ~ov~rwnn ~nd aprNnwn~s Mnin aomabwd fo any of tM parlies her~to, th~ s+rtw ah+ll b~ oaatrved to en~~n as vwll as th~ M'us. 1~9a1 npr~s~ntdsws, wa~sson ~nd assipra (~Nha volumary by ~cl of tM ~ pahi~s a involuntary by op~ration of tM law) of tM san+e ~nd tMt th~ ,sv~nann Iw~tin coMained sMll bind ~nd tM b~mfits and advmtpa inur~ ro tM rapectiw hein. Ip+l repratntatiws, waeuas and ass~ns oi rhe parti~s Mnto. ~ Md uid 1VAortpa~on, iw tFrnaefves and their iMin. {p+l repres~ntatiws, suon»on ~rd assi~ns, h~reby jointly and s~wrally cawn~nt and apr~e ~ to and wNh tht sad MORTGAGEE, in ~utasson u~d ~ssipm: ~ 1. To pay all and sirgvlar tF» principal and imKat ~nd th~ vario~us ~nd svndry iwra d mo~rY P+Y+~ bY v'atw of s~id promistwy not~, and thb mortp+~e. ~ach ~nd ~wry. P~a^PNY on tM days re~p~ctiwty th~ samt swtrallp b~corr» dw. ~ 2. To phr ~11 s~d smy~rlar tM taxa, a~asrMeb. Iwiss, liabilities, oblipations ~nd encvmbnnc~s d w~ery n~tw~ ~nd kind now on ~aid dNCrlbd ~ prope.ty, a thar I+sre~far may b~ impa~d, wffa~d. P~+ad. Iwied. a a~wss~d tMrson. a that I~~afqr nwy b~ Iwi~d w~awswd upon tl+b Mort~ ~ a~e, a th~ ind~bt~dn~ss t~cvr~d Mr~by. ~ad~ ~nd ~vKy, wlw~ due a~d payabl~. ~aor~np to law, b~fon t1My becom~ delinq~re~N, and Mfon a~r kM~rat attaches a any p~nalty is incwred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAJNE SHAII sE PROMPTLY SATISFfE~ AND DISCHARGED OF RECORD AND THE ORIGINAI OFfIC1Al OOCUMENT (SIKH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfICIAItY ENDORSED ~ OR CERTIFIE~) SHAII 6E PLACE~ IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYINENTj ~nd in tir tveM th~t any th~t~of ts nol ~ p~id, ut'sfied +nd diuh+r~ed sa:d MORTGAGEE m+y ~t aay time pay tM sam~ uw p~n tF~wf withovt waivinp or ~ffectirg any optan, liee. ~quitY w •~qht under w by virtw of this mortya~ and the full arew~nt of each ar~d wery wch p+ym~nt sh+ll t» imnediately dw and psyable aed shall b~ar IntN~st kom the date thereof until paid at rats of nine per t~ntwn ropetl+K w'th s int~est sh+tl be secw~d b tM liwn of th:s morptpe. oo~~ PA~E1~~~ 80oK 1( 8 P~r,E , - - - - , ~ - ~ ~ ~ _ . . . ~~-k