HomeMy WebLinkAbout0945 ~It$5y
THIS (N~ENTURE, IWds ths 17th ~y of -~~C}I 1 A.D. 19 71
- b.:(ween
John R. Lunu and Virginia C. Lupu, his wife '
.
of St •~.UG1@ Caynty Florid~, hereinaftK dsti9nated as tha "MORTGAGOR," and FIRST FEDERAL SAVINGS ANp IOAN
ASSOCIATION OF FORT PIERCE, a corporation ap~ni:ed a~d ~xistinp undw ~h~ I~wt ot tM Unitsd Sutos of America ~nd luvinp ita principai ptacf of
busines~ in th~ City of fut Pierce, St. luci~ Counry, Fiorida, hareinaftar deiipnated +s ~M "MORTGAGEE:'
WHEREAS ths MORTGAGOR is justly inclebted ro tM MORTGAGEE in the sum of S 17 ~600. ~0 y~ and lawful money of the Un~ted
Statet advanced by ~he MORTGAGEE unto the MORiGAGOR, as evede~ced by a certa~n promisswy note of even date herewith, of which the followin9 in
wwdi a~d fiyurei is a ~rw copy, lo-wit:
j 17, 600.00 ~ ~
Fott Pierte, florida. - Mareh ~ 19_~_
Fw value ~eceived, 1, we or either of us, promise to pay, witF.out defalarion, to the orde? of FIRST FEDERAL SAVINGS AND [OAN ASSOCIATION Of
~ORT P~ERCE at Fwt Pierce, Flwida, the sum of = 17 ~~0 with interesr from date et the rote of ~ a_Q°; per annu~n, in monthly inslall-
ments u foltows: _~48•~~ on tha 15thday af July ,~q__~_ a like sum on Ihe correspond~ng day of each month there-
after untit the whole be fully paid.
Each installmenl firs? ahaf) be applied in p~ymenl of tF~e inlereat and then on the unpaid balance ot the pr~nc;pal sum. If default is made in the
- payment of any ;nstaiiment when due, a~d such defsult tontinues 3p days, then af Ihe optio~ of the holder, and without any other no~ice, all the remaining
~nstal~ments shall be due and payab[e at once. Priviteg~ ia given to propay this note in whote ot in part at any t;me withovt peiwlty. Neither forebearance,
` nor acceptux~ by the holder tAereof after any defavlt in any payments hereon, inall be deemed exiens~on. A late payment charge of S 7• 4O_, shall be
, added b asch ins~altm.ent remeinirg ~npud 7 dayi ~fte~ its dw dat~, and • like ~um shall be added to each such initallment remaining unpaid 7 day~ aite~
` ~ each succeedinq Faymem da~e.
Each mslex, turefy and endotser her~of, jantly and severally, uyaives demand, presen~mert> protes! and notice of protest for nonpay~nent, and fvrlFier
~ agrees b sny extension of tim~ of paymtM, either befo~e or aEte~ maturity, without nohce Io any of us; and to pay aU co~ts oi collection, includ'+ng a
? reasa?pbl~ attrvne a fee i~ the event oi a~y default F+Meunder, and hereby seve.atty waives all benefit of homestcad and exrrnpt;on u~der the consfirution
~ and la~ bf each ~fe?a o? the Unired Stetes, as against this obligation or any extens~on or rcnewal hereof.
Wirriess the hsnd and seal of esch party.
s/John R . Lupu (SEAL)
.
' cs~?t)
~ _s/Virginia C. Lupu ~Ai~
26_40 ~ «
t ~ ) S:al~ Rewnus
i5 )
~ ~ wY 17 600 00 ~
, NOW, THEREFORE, the MORTGAGOR fw the of ~ecuri ment of sa+d sum of = ~ • and the pt?formance oi tM
~ <ovensnts and sp~eemenrs here;nafter e:pressed, ~nd fa diven ~ood u~d vslusbk cons~derationa, by tl?ess preunts, does grant, baryain, setl, remiu,
~ release, convey and tanfirm unto tht MORT6AGEE, its suaessws ~nd auiyns, all that certain lot, piece w parcel of land, situate, lying, aod being i~ the
~ovney of S~. Lucie and State of Fbrida, dewibed ~s fdlows:
Lot 13 of D. D. A. Subdivision, as recorded in plat Book 15, Page 23 of the Public
P.ecords of St. Lucie County, Florida, `
~S~ .
0
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. k~;}~A co'~,~`~~~e~~'t~
_ ~ ~ o F t- ~ U ~1,~ t~x sg,r ~~~AO~~~~,~• ~~y G~
~ O~~ iMG~ ~ f' "_`rS i K,, '"~y, Vf~~
r D ~ ~ 4 ~O ~e~i J(~~~ ~1.
~ ~ = ~,R ~i 6 0; w
~ n zff ~ { ~ 2 - ~ ~ s~
~ ' = - ~ ~ -
o S •
t- U Gpµ?TH~LtF~ ~c -o-. . .
N ~a ~ont39 r~ .
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+ogethir with all ind singulsr tht tenements, hereditamanh ~nd appurtances thereunto betonyinp or in snywise appert~inir~ therero. ~nd all r~nh, iuuea, ~
proceeds snd profits scvuing snd to ~ccrue from said premises, all of which ~ro included in the ~bove and fws9oing description and habendum.
TO HAVE AND TO HOLD the sbove described snd yranted premises unto the aid N{pRiGAGEE, its suaessors ~nd assiym forever. Md tM s+id
their
A5C3RTGAGOR fw heirs, e:ecuton, administ?aras and •ssgna, Mroby covenann with tha said MORTGAGEE, its succes~as and sssipns,
fh~t they aiQtawful seized of the stid
ly premises in f~e iimple; that the aams an f?e~, cle~~ ~nd discMryed from all lien~ and ~ncvm~
branccs in lew w in eqvity, and tha~ they w+~~ ~ their ~;n shsll warrant ~nd detend the title 1o t1?e s~rn~ ro th~ s+id
MORTGAGEE, its successas ~nd ~uiyns, forever syiunt th~ lawful cla'uns ~nd dem~nds of all persont;
PROVIDED, AlWAYS that if tFM MORTGAGOR sMll p~y v~to fhe MORTGAGEE th~ promis~ory note hereinbefor~ deuribed a~d shall t~uly, promptty
and fvlty perform, dixhar~e. execute, compl~te, comply with and abede by each and ~vary the stipulations, aQreemenri, conditions and covenanta of said
promissory not~ and oi this MwtQase, t}ron this Mortyaye and the Esate hereby ucated thall cease and be null snd void.
IT IS UNDERSTOOD tMt ti+c word "Mortga~w" whether in the sirgul~r w plwa) anywhere i~ th7s Mo.tysy~, shall be sinyulu if on~ only ~nd
shall be pl~ral jointfy u~d severally if mor~ tMn ont. ~nd tMt thM word "rheir' ~s used a~ywhere in this ARortyage ih~!! be taken fo mesn •'his,•• •'h~rs; •
or "iri," wF~er~ver the context so implies a admits. Alw, that wherever thcre is a referenu in tht coven~nts ~nd ~yreemenn herei~ contain~d to any of
shs puties hereto, th~ iame ~hall be construed to mean ~s w~ll u th~ hein, kyal npresentstives, svcceuors ~nd auiyr?a (either volunury by ~ct of tM
partits w involunttry by ope?ation oi the I~w) of tM sam~ and th~t th~ covenanb he~ein comained shall bind a~d the benefib and ~dvsmpes irwr~
ro the resp~etiw he'as, Ipal r~p~esentativa, successors and ass~yrq of tM parties hereto.
Md safd Mwtyayon, fw thems~lws u+d ~Mir Min, ~pal r~presenutivea. successon and ~ssiyns, hereby jointly and sewrally cwenant ~nd apr~e
to and with the uid MORTGAGEF, its successor~ and aa~iyns:
1. ta pay ~II and s;npvl~r the princip~l ind int~rrst and ti~e wrious ~nd sundry wms of moneY paYabk by virtw of said prom~uory note. ~nd this
n+wt9yt. each and wery, promptly on tFw days respectively tM ~amf Nr~r~lly bltp~y d~e_
2 To pay a0 ~nd sinqulu th~ taxes. ~ssessmenp, levia. liabiliti~s, obliyatiau a~d encumbr~ncea uf ~very natw: and kind now on said de~cr~t!
p?op~rty, w that hereah~r maY b~ ;mpcsed, svffared, plac~d. I~r;ed, or iswssed thereon, or that hereafter m~y be levied or asseusd upon this Mprfy.
a~e, a tM bidebtedn~ss sscured F~er~by, ~xh u~d ev~ry, wMn dw and payabb, accordinp to law, before th~y becom~ delinqueot, ~nd before Nfy G1tNMt
a~taches a u+y penalty is incurred; ANO INSOFAR /?S ANY THEREOF i5 Of RKORD THf SAME SHALL 8f PROAAPTLY SATISfIfp AND D15CHARGED OF
RECORD AND TME ORIGIIVAL OfFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPi OR TNE SATISFACTION VAPER OFFICIAIIY ENDpR5E0
OR CERTIfIED) SHAII dE PLACE~ IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is no1
paid, sat'sfied ~nd dischirged sa:d MORTGAGfE ms~ at any time paY the s~me p any pin )hereof without waivi~y w affecting ~ny option, lien, equity p
•ro~+t under a by vi?tue of this mortgage and the fvll amount of eath snd every ~uch payment shall be immediately due and payabk and thall bea~ imerest
srom thc date thercof v~til paid at rate of n~ne per centum peti„+n~~ toyether in~erest shafl be secured by rhe lien of ~h:s mo~ytapt.
U Il
S~LM
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