HomeMy WebLinkAbout0275 ' ~ ~ ~ . iV V/ry
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THIS INDLNTURE, Made the , 2~ day of Febru~u~q A.D. 19~Q-., brtween
Donato &~¢30 ~ y~iae B1i~,siT~~ ~a~g
o~ ~.lleie Cwnty Flw;da, hereinaf~e~ dcs~gnated aa tlie "MORiGAGOR;' and FIRST fEDERAI SAVINGS AND IOAN
ASSOCIAl10N OF fORT PIERCE, a m~po.a~io~ or~anizcd and ex~st~=~g undrr Ihe laws of Ine Umrad Statas of America snd having its principal plsce of
busioeu in 1Fr City of fwt Pierce, St. lucie Cou~ty, Florida, hereina(ter designated es ?he "~,1pRiuAG E:'
WHEREAS the MORTGAGOR is justly i~debtcd to the MORTGAGEE in the s~m of S~~a~~ good and lawiul mo~ey of the Un~ted ~
Stata eiivanted by the MORTGAGEE unto the MORfGAGOR, as ev~danced by a certa~n p~omisswy note of even date herewith, of which 1he foltowing in
wads and f' ures is a ~rus copy, to-wit: ~
:5,000.00 . t6,tpo
Fott Pierce: flaida, ~b~~ ~ 2~ 19~..!
Fw va~ue ~eceived, 1, vve or either of vs, prom~se~ ytoy~ay, wi~hout deialca~~on, io iih: erder of FIRSi F~DERAL SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Fon Pierce, Flo~ida, the sum of f~!_"""!~____--_____. w;~h ;nterest from date at the rate of __5~~_'o per annvm, in monlhly in~talb
ments as foltows: on the day of . 197Q_ _ anJ a like sum on the correspond;ng day oi each merth therr ~
aiter until the whole be fully paid.
!
Eath instal{menf firot shatt be app~;~d in pe~~n~n! of ehe inre,est and ~•h_n cn ~~,e ~~np~~d ba;ance of fhe p~~nc!pal sum. If default is made in the ~
~:aymem of any installnxM when due, and such defav'.t tOntmv~~s 3v^ d~ys, then at ti~e oHr.~n of the ho,der, a~d .vishout any atner notice, aIl ~he ~emai~ing
installments shal~ be d~e and payable at ~r.:e. Privi'ege is g~+en to prepay th~s note ~n whote or in part at any naie w~thnur penalty. Neith ~{orebearance,
nor atceFtance by the holdrr thereof afte. any eiefautt in any paymenr: hrrrczn, shaif be deemed exs.-ns;an. A ia~e paymen! charge of S?~~~ , shall be
rd~ed to each inslallmant remaining unpa:d 7 days after its due date, and a I::,~ s~m s~a't ;,e ad~~ad to each s~ch instailment remaining u~paid 7 days aftar
each succceding payn:ent ~ote.
Each maker, wrety and end~rsrr hereuf, joindy and sevcretty, warves demar,d. p~es-1nr n! prctest arsd ro!;ce of Frotest for nonpayment, and further
agrees to any exte,is;on of lime of paymert, clrhrr bafore or ai~er m~tur~ty, with~~t nc! ;e to an~ of ;,s; .~nd to pay alI costs of collection, induding a
reasonable auwney's fee in the event of any default hereunder, an.i hrreby se.era!:y ,,,;:es a~i ~encirt of hcmestcad and exempt;on under the eortstitution
and Iaws of each Sratc of ~he Umred States, as ag,inu this obl+gat~on or any e~re^s.on ee ren~wai hercof.
Witness the hand arxf_ sea! of zach pany.
(SEAI)
8 DOIIS't.0 EZ~O ~Ep~~
' (SEAIj
C 8 I.ouise SligiO ~
( ~7 • 70 ) State Revenue ~ ,
fi~.w~ell~l.~o~ocigioal.r~io)
NOW, THEREfORE, the MORTGAGOR for thr purpose of secu.~ng payment of sa~d :um oi S~~~~~~ ~ snd the pe?formarxe oi the
covenanb and agrremenrs hereinafter e~pressed, and for d~vers gaod artd valuable conside~at~or.s, by these presents, does grant, bargai~, sell, remise,
releau, ta?ve and confirm unto the MORIGAGEE, its succeswrs and ass~grs, all that certain {ot, piece or parcel 04 land, situate, lying, and being in ths
County of ~t. ~a11CiA and Ssate of fiorids, desaibrd as foilows:
~
The North ?0 feet of Lats 23 snd 24, CO~B'S PAA1C TffitRAiC$, ~
ae recorrled in Plat Book 7s P~ t5 ~ t~ Putblic Reaords !~x!;~!;tl~t~±il°;;+ 4
~ ; o a
oY St. Lucie Con~nty, F1oMda~?more particularly described +n ~
_i.c~+ t~
as follows: J~ ! j
, N`~,, ~
..;,''~~f
Beginning at the Nozthwest corner of Lot 24, thence run ;:.~~`'~~t''~
: '
Easterly along the North line of Lot 24 and Lot 23 a
distance of 100 feet to the Yortheast corner of Lot 23, ilz~~~~~~~
thence Southerly along the fiast line of Lot 23 a distance N o°
of 70 feet, thence t~~esterly and pazallel with the North 0D
U r~i. P
line of Lots 23 and 24 a distance of 100 feet to the West - o ~~ci
line of Lot 24, thence Northerly along the West line of ~~~`~~'~'~~~~~~a'
:.ot 24 a distance of 70 feet to the Point of Beginning, - ;
~i~vno3 ~
~~~f11 '1S
together with atl and si~gvlar the teneme~fs, ?ured;taments and appurtanccs thtreunto beionging w in anywiu apperfsi~ing fheiefo, and aU tents, iu~q,
proteeds and profits scvuing snd to sccrue from said premises, all of which are inciuded in the above and foregoing dewiption ~nd F?abendwn.
TO HAVE AND TO ~LD the ~bove dexribed and granted premisea unto the said MORTGAGEE, ifs sutcessors and assigns forever. Ant! ttr ~sid
MORTGAGOR fw ~B r heirs, executors, adminisrrators and aisigns, hereby covenants with ihe said MQRTGAGEE, iri suttessws and aui~ro,
rhat t~~ g~ - lawfully uiztd of the said premises in fee simpte; that the same are free, clrar and dixharged from •11 liens a~d encwn~
branca in law a in equity, artd that t~~ w~ll and t~ heirs shal{ warrant and defend the title fo the same fo tht s~id
MORTGAGEE, its s~cceuors and assigns, forever against the lawful claims and demands of all persons;
PROVIDED, ALWAYS thst if the MORTGAGOR shall psy unto the MORTGAGEE the promiuwy note hereinbefore described and shall trvly, promptly
and fully perfwm, discharge, execute, tomplete, compty with and ab~de by each and every the stipulations, agr~emenls, ton~itiona snd tovensnri of said
promiisory note and of this N~wtgage, then this Mortgage and the Estate hereby created shall tease and be nutl and wid.
IT IS UNDERSi000 that the word "Mortgagor" whether in the singular w plural anywhere in.this Mortgage, shall be singular if one only ~nd
shsll be pluwl joiotly snd severally if more than one, and that the word "their" as used anywhere in tha Mortgage shall be taken fo mean "his;' "hers,"
or "iq;' wherever the context so ;mplies or admirs. Also, that wherever there ii a refererxt in the covenants and agreements herein tontained to a~ryr of
the puties hereto, the same shall be construed to mean as well as tfie neirs, legal rcp?esentatives, scxcessors and assgrn (eithe? voluMSry by acf of th~
partie~ w involuntary by operat'an oi the taw) of fhe same and that the.covenants herein contained shall bind end the benefih and adv~ntsyes iwrs
to fhe respective heirs, legal representat;ves, svccessors and ass~gns of the partiea hereto.
And said Mo~tgsgors, for themse!ves and the~r hein, iegal represewtatives, successon and assigns, hereby jointly and severally tovenant ~nd ~yree
to and with tFx said MORTGAGEE, its successors and assigns:
1. To pay all and singular tlu principal and interest and the va~;ous and sundry sums of money payable by virtue of said promissory note, ~nd ihis
mwtgaye, e~ch snd every, prompUy on the days respcdively the same severally become due.
2 To psy all and s;rg~lar the taxes, asussmenti, lev~es, liabi~~ties, ob~~gati~s and enc~res~ances of every nsture and kind now on said desuibed
i properfy, w that hcreafter may be imposed, wffered, placed, tevied, w asuued thereon, a that hereafter may 6s levied w assessed upon this N~ort¢
age, a tM indebtedness secured hereby, exh and evay, wken due and paysbte, atcwding to law, befae they become deli~quent, and before ~ny imKesf
attaches or any penalty is inc~rred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHALC BE PROMPTtY SATtSfIED AND D15CHARGED OF
RKORD ANO THf ORtGttiAl OFffClAL DOCUMENT (SUCH AS, fOR INSiANCE, TNE TAX RECEIVT OR THE SATI$FACTION PAPER OFFICIAtIY ENDORSE~
OR CERTIFtED) SHAII BE PLACED IN TNE HANDS OF SAID MORTGAGEf WITHIN TfN DAYS NEXT AFTER PAYMENI; and in the event thst ~ny tf~creof is not
paid, tat'sfied and discharged sa'd MORTGAGEE may at any time pay the same or a~y part thereof witfiout waiving w affecting any option, lien, equiry w
•~qht under or by virtue of this mortgage and the full amovnt oI each and eve~y such payment shall be immediately due and F~yable and shall bes~ inlerest
~rom the date /F~e?eof until psid at rate of n~~e per tent~m per annum and logether wAh se:ch iMerest shail be secured by the litn of th:s morytape. ~
BOOK ~SJ P~GE G l e~
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