HomeMy WebLinkAbout0947 ~ ~ ~~~$~~t ~ !
8tit1 H92'C~1 A.D. 19~~ Datheen r
Tk15 INDENTURE, Mad~ ths day of '
Peter D. Albertini~ ~t~d Carneua I. Albertini, his ~rife
o~ Sti. Lucie ~~nry Fbrida, Iwr~inaftK d~ignared s~ the "MORTGAGOR;' and FIRST FEDERAL SAVINGS AND IOAN
ASSOCIAiION Of FORT PIEIKE. • corporation apan~z~d and ex~s~~np unda tM laws oi the Un~tad S~a~as of Amerrca and Mvinp Ns princip~t pl~ce of
busin~u tn tM City of fort PiKCe, St. luci~ Cou~ry. Fbrid~, her~in~f~t~ desipna~ed as tM " RTGAGEE:'
WHEREAS tM MORTGAGOR is jwtly indebt~d to tM MORTGAGEE in the sum of = good and lawful money of the Uo~ted
S~ates adwnced by fhe MORTGAGEE umo the MORTGAGOR, as evidenced by + certa~n promi:swy note of even date herew~rh, of wh~ch the FoUowinp in ,
..•or~• f~yu~ is ~ trw copY, tPwit: ~-1 L p<7
_ ~ lN. ~,~o o s w
Fwf Pierce. Florida. ~~h 8 19
~w vslw received, 1, we or either of us, prom~ y, withouf defalcation, to the orde~ of FIRST ~EOERAt SAVINGS AND IOAN ASSOCIATION OF r
FORT OIERCE al Fort Pierce, Fbrida, the sum of : with interesf irom datr af the rate of _ 8% pe~ snnum, in monthly install•
~~~ents as follows: S ~ 28~~ on the ~ t•~day of April ~9?~ end a like sum on the cwrespond:rg day af each month therr
, after until the whole be fu~ly paid.
Eath instaliment first shall bs applied in psymenl of the inMrest and then o~ the unpaid balance of the p~~~+c~pal sum. If default is made in the
~~ayment of any instatlment when due, end such default continues 30 days, then at the option af the holder, and without any other notlce, all the remaining
nsrallmenti shall ba due and payabk at once. Privi~sfle is yiven to prep+y this nole in whole or in part at any time without pena:ry. Nei~eS f~rebearanc~,
nor acceptance by the holder thereof aitrr any defautt in any payments hereon, shall be dcem-d extensio~. A late payment charge of S b~~+V_ shsll be
~dded to each instaliment remaininy ~r?p~id 7 d~ys aftt? iri due dat~, and • like sum shall be addrd ~o each such installment remaining u~paid 7 days a(ter
eath svtceeding payment date.
Ead? maker, suretr and endorxt hereof, jointly and uverally, waives demand, presentment protest and r.otice of protest fw nonpayment, and further
agrees ro sny extension of time of payment, eitt+e~ before w afte~ maturiry, withoul not~ce to any of us; and to pay all costs of collection, irtclud~ng •
reasonabk atr«ney's fee in the event of aay de:ault herevnder, •nd hereby severally waives a~i benefit of homearead and exemption under the co~~titutiw~
a~~d laws of each Stafe cf the United States, as against this oW~gation w any extens~on or re~ew~l he~eof.
Witness the hand a~d seal of cach party.
s/ Peter D. Albertiini ~Ai~
s Care~ella I. Albertini
fse~U
. - • (5~?~
~ ~4•?~ t St~te Revenw
NOW, THEREfORE, the MORTGAGOR fw the purpose of iecvri~p payment of said s~m of s 16~7~'~ ~nd the per(orrt+ance of ths ~
covenants and spreements hereinafttr exp~eued, ~nd fa diven ~ood and v+lwbl~ considerations, by theu presents, docs grant, bar9ain, sell, remise,
release. conwy and confirm u~to the ARORTGAGEE, its wcc~swn u~d ~uignt, all that cerui~ {ot, piece or parcel of land, situste, lyinp, and beinp in t':e ~
$t. Lucie ~nd Stat~ of Fbrida, d~w~b~d as follows: ~
f
Lot 6 and the Mest 20 feet of I,ot 5, Block 1, CORT&Z PARR SOBDIVISION,
. as per plat thereof on Pile in Plat Book 5, P~e 38, of the Public
Records of St. Iucie Ccjinty, Florida,~
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~ogether with all ar+d singula~ tht tenem~nn, heredit~menri and appurtances therevnto beiw~ginp o? in anywise ~ppertsininp tMr~ro. ~nd all renn, iuua, ~
procseds ~nd prof~ts accruing and to sccrue irom said premises, all of which ue inciuded in the abov~ ~~d fac9any desuiptia+ +nd Mb~ndum.
~ TO HAVE AND TOtHOIQ the ~bovs de+crib~d ~nd 9r~med Pre'^ises u^to tM said MORTGAGEE, its wcceisws ~nd ~ssigns forsv~r. Md th~ ~+id
~ MORTGAGOQ faa~ -J~B~'--- Min, s:ecutws, administrnws ~nd ~uiyro, hereby coven+nts with the said MORTGAGEE, in ivccasors and ~ssiyn~,
Lt~9y
~}ut - - lawfully seized of t!r said pr~ma~a in ie~ simple: that tFu s~ms u~ ir», ckar and dixhuyad from ~II (ierq and ~ncu+R
~ brancea in bw w in equity, and tMt th~ will and their F~ein shdl ws~raM ~rd d~(~~d ehe titl~ to t!K sam~ b t!w wid
- MOR7GAGEE, its sucuuors ~rd assiqns, foreve~ apairot tF+t lawfuf claim~ ~nd demands of all persons:
~ PROVIDED, ALWAYS that if the MORTGAGOR sMll pay unro the MORTGAGEE th~ p~om~twry note here7nbefwe dsscr+bed a?~d ~hall truly, promptly
_ •nd fully pe.fam. d~sch+ry~, ~xecvte. canpleu. comply w+th ~nd ~bids by each and every the atiputa~ans, pre~ments, condi~iora ~nd cwsnann of said ;
~5 promiswry note ~nd of tha Mwtyaye, t}~e~ thi~ Mort9ay~ ~rd tFw Estate hersby uea~ed shall cease artd be nutl ~nd void. ;
li IS UNDERSTOOD tMt the word "Mwtyspor" wMshtr in tFw siayulu a plwd ~r?ywhers in this Mortgp~, shall be sinpul~r if on~ o~ly and ;
~h~ll be plunl jointfy ~nd ~tvt~~lly if mort than on~, and that tht wad "their" ~s used anywhere in this M.o.~yp~ ~hall F» uken ro mcsn "his•• •'hen;• ;
w"its: " wherwer the cont~xt w impliei a admir~. Alw, that whererer ther~ is + reference in fM covenann +nd agreenxnb hersin contai~td to ~ny o1 ~
`f rM p~rties htr~to, tM ssmt ahall be construed to mea~ ~s w~ll a tht hti». Ipal r~present~tive~, succ~sson and aupns (either voluntary by ~ct of tM ~
~ p~rtiN a invotunt u y by ope~a~ion of tfw law) of the swne and that ~h~ coven~nn t+erein contained sh.ll bir?d a.~d rM b.~wf~n .nd .dvmyn fnw•
~ ~a ~h~ r~spectiw heirs. Ipal reprssentatires, wcct~wrt and ~u'yra of tM p~rti~s hereto. ~
~ Md s~id Mortyaqon, fw themselv~s and tF+~ir hein. Ipal rtprtientalives, succeswrs and ~ssiyro. F~er~by jointly and s~v~r~lly cov~nam ~nd ~yree i
= ro and with tM said MORTGAGEE, in succes~as and ~uiym: (
paY ~11 u,d ~irpula? tM princ~pal and int~rest ~nd tM varieva and wndry wms of money paYabla by virtue of Hid prom~~say note. ~nd tl~ i
Y' 1. 10 ~
mort9ay~. ~ach and ~vtry, p?omptly oe? tFw diys r~sp~etivtly tlv rewr~lly becane dw. j
4. To p~y dl and sinpvlN tF» ~aa~s. ~~~es~en~~ts. I~vi~s. Gabitities, obliyst;ons and erxumb~anc~s of every natur~ ~nd kind now on said d~fc?ib~d
L'.'- ptOpf~ty, or that FflfNNN may b~ impo~ed, wffe~~, plaad. Itvied, or ~fasssd ?I~treon, or 1Mt htrs~it~r may b~ I~vHd a~ueas~t! upon this Maq- ~
ay~, a tM ind~b~~drws~ secu.e0 her~by. ~ach a~d ~vNy, wlw.~ due ~nd pay~bb, aawdirp lo I~w, b~for~ tFwy becom~ deli~wnt, u~d b~ta~ snr MfNe~t !
stt~~hes p any penalty is inturred; AM~ INSOFAR AS ANY TMEREOF IS OF RKORO THE SAME SHAIt 8f PR011AVTlY SATI$FIED AND DISCHARGED OF !
RfCORD ANO TME dRIGINAt OffICIAI DOCUMENT (SIKM AS, iOR INSiANCE, THE TAX RECEIPT OR TME SATISfACT10N PAPER OFFICIAIIr ENDORSEO ~
OR CERIIfIED) SMAII SE Pl/1CEp IN iHE MANOS Of SAID MORTGAGEE WIIHIN TEN DAYS NEXT AFTER PAYMENT; •nd in tM ~vm that My rMrwf ff na °
p~id. ~at sii~d ~nd ditch~rQed sa:d 11AORTGAGEE may •t a~y time p~y the iams w any pa~t ~MreE,i without w~iviny w•Hectinq any option, li~n. ~qvity a ~
- •~qht under w by virtw of this mor~y~ye and ihe f~ll ~moum of e~ch ~nd e~rKy such p~yment ~haH be immedutely due snd p~yabk •~sd sMll bear ir11NNt ~
~•om the d~te thereol unril paid at r~te o( nirH p~r centum p~r annum ~nd ~oy~t b~r~~nt~rest ~h~vred b~ the ti~n of ~h:• morytap~.
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