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HomeMy WebLinkAbout1166 24899d THIS INDENTURE. Msd~ the ~t. day of April A.~. 19 71. , t~rv.een _ Jnsenh F. Cnrse snd Mss~ [`nrsp,~,~j,~ r; fo of St. Lt~Ci@ County Flwida, her~inafltr desiynated es ths "MORTGAGOR," snd FIRST fEDERAI SAVINGS AhD IOAN ASSL)CIATtON Of fORT PIERCE, ~ capaation wpanized •nd ex~itir+y unde~ tM lawt o( tM United Statos of Americ~ and Mving ih principal place of b~sm~u i~ tM Gty of Fwt Pierce. 5~. luci~ County, fbrida. her~h+ai~ar desipn~qd th~ "N1CRiGAGE~:' WHEREAS tM MORTGAGOR is ju~tly indebted ro ths MORTGAGEE in tht sum of•s 1~i4~~~ good and lawfut monoy o( the Un:ted . S~ares adwnced by the MORTGAGEE unto ths MORTGAGCR, as evidenced by a ur~a~n promissay note of even date berewnh, of wh~ch ~he lollow~ng in . v.ords and fyurp is • uw copy, to-wit: s 11~~OO~QO , r~, 3-16~943 . Fwt Pi~rc~. Florida, Apzil 1 ~q 71 ~ ~ Fw value rece~ved, 1, we w eithcr of us, promiss fo pay, wilhoul defalcation, to ~he order af fIRST fEDERAL SAVItJGS AND LOAN ASSOCIATlON OF i~~RT PIERCE at Fwt Pierce, Fbrida, Ihe sum of : li.Ld~~~ wi~h iMerest from date st the rafe of8!0~'o per ar+nu~n, in r^o~>>hly fnsta'i- • r~,n as fo1!ow~: t 96 a+ lsth day of ~y , 19~~___ snd a like sum on the correspond~ng day of each m~nth thrre- e~rrr until the wlrole be fully paiJ. Each installmenl first ahall he applied in paYment of tM interest and then on the unuaid balance oi the pr~nc~psl aum. If do~:.ult is rRade in the ;.,,~nem of +~y installme~t whan due, and such defauh continues 30 d~y~, then at the option of the holder, and w~~hout any other notice, all the remai~ing j ~r,rai;rnenb shall be due and paysble at once. Privileg~ is given to prepay lhis note in whole or in part at any time without pena;ty. Neilher forebeerante, ~ nor ar tptance by the holdrr thereof after any defauh in any paymeNS hereon, shall be dtemed extension. A late payment charge vI S-- 4.' shall be t ~d:ied to eath installment rcmaining unpaid 7 days ~fter ih dw date, snd a like sum shall be addrd to each such installmeM ~emaining vnpaid 7 days affer 3 F each succeeding paYment date. ; Each maker, surety and endorur hereof, jointly and severally, waives demand, p~esentment proteft and ~otice of protest tor nonpaymeM, and further ~ agrees to any extcnsion of t~me of payrrxnt, either be(ore or after mawrity, without not;ce to any of us; and to pay alI costs of co'iecnon, inci~d;ng a •••tenable arrornev's fee in the event of any default hereundrr, and hereby severally wai~es all be~efit of homesmad and exempno~ u~der the constitution d laws of each Sfate of the United States, as against this obG9ation a any eatension w renewa~ hereof. Witness the hand a~d ual o( each Farty. /s/ Joseph R. Corso ~senu (SEAL) ~S Mi@ COZSO ~ (SEAI) ~ 17 • 1~ t State Revenw ~ i5±amp~ cancelled on wi9insl note) NOW, THEREfORE. the MORTGAGOR for tM purpose of securing p~yment of said sum of S 1i~4~'~ and the pe~fwmance of t!~e ± co:enants and sgreements hereinafter expressed, and for divers flood and valuable considerat;ons, by these p.esenrs, does g.am, bargain, setl, rem~se, ~e:ease, convey and conf~rm unta the MORTGAGEE, ib succeuo:s ~nd auFgns. •11 that ceruin ioL piece w parcel of land, situate, lying, and being in the :ounty of _ $t. Lucie Stat~ of Florida, de~cribed ~s follows: ~ ~ 3 t ~ 3 ~ XI!illi~O I1~~~; ~ t• The Bast 144.76 teet of the North 75 fest of the South 520 feet of the West half of the Bsst half of the SW~ _ ~j ot the NW~ of Section 21, ?amship 35 South, Range 40 i i Bast, St. Lucie County, Florida. ' _i.l~t • # `.t ALSO DBSCRIBED as being the north 75 foot tract of the ' ~ - two 75 foot tracts sarked not included in the recorded i ~ ~ Plat of Corso Courts Subdivision in Plat Book 12, at i ti Psge 23, in the public records of St. Lucie Cbunt~?, ? ; C~ ~ ` v Rlorida, U ~ ~ a ° R'EC~YED IM PA1fMENT Of TAXES f S!. i:`: i 1= a DUE 01i CIASS ~C' tIRANGI8I.E PEJ~90NA1 P1tOPER1Y. ~ E PUit,SWNT TO CIIAPTER T0711. I~TS OF 1941. ( ROGER POITRAS, qerk Cirtv(t tbu~t ; ~11~~f10~ as ~geM bt QANIEL N. KMOWt~S, JR ~ 4 ~;~;`~l '1S ~ SL lucie Cour Tax Collector ; ' Br ~ ! ~ DEPUIY CtERK ~ . r g ~ togerF~er with •II and singulsr tfie Mnsments, hered;t~ments and appurt~nces thereunro belonging or in anywiie ~ppertaininy thereto. ~nd all rents, issues, ~ ~ proceeds and prof~tt +cauing ard to xwe from ssid ~emises, alI of wFiKh ue included in 1ht abovs and foregoing dewiption and habendum. TO HAYE AN tj0 HOID tM +bove described ~nd yranted premi~es umo the said MORTGAGEE, its s~ccsssors +nd assiyns forever. And t!» said ~ 4 MCRTGAGOR fd t~Bir----- he~rs, executors, sdministr~tors and assigns, hereby covenanri with the s~id MORTGAGEE, its successors ~nd assigro, ~ ~hat t~y ~re-- Iawfully uized of the said pr~mises in fe~ simple; that tM sarr~ are free, ckar and dixhar~ed f?om all liens u~d a+curt?- i b:snces in law w in equity, and that tb@y will ~nd their heirs shall warr~nt ~nd defend the title to the ~am~ to tM said *`t N10RTGAGEE, it~ avccessors ~nd ~uiyns, faever p~inst tM lawful claims aod demands of alt persons; € PROVIOEO, AIWAYS tMt if IF~e MORTGAGOR aMll pay uMO the MORTGAGEE the promiswry rate F?ereinbe~ore dewibed a~d sMll truly, prompNy 3 end fully perform, d~xMrge. eaecut~, complete, comply with +nd ~bide by aach and ~very the stipulations, ayreements, condi~ions •nd corenant~ of iaid ~ promissory note snd of this Mwtgaye, then this Mortyaye and t!ro Eitats hereby aeated thall cease a~?d be null ~nd void. IT IS UNDERSTOOO that ?he word "Mortyapw" whethtr in th~ sinpul~~ a plurd ~nywhere in this Mortyaye, shall be sinpular if one only snd ~ 'A sha{I b~ plural joimly ~nd sev~wlly if mort than one. ~nd that tM word "their" ~s used anywhere in this Mortyape ~hall be taken to mean "hi~:• •.hers... w"its:' whererer the conte:t w implies w+dmit~. Also, that whereva there is s n(erence in th~ covenann and agreements Mrein contained to ~ny of ° ~he parties hereto, the ~ame shall b~ construed to maan as well Ihe ha'n~, ley+l rsprese~t~tives, successas snd ~stiqr?s (eitF~er volum~ry by act ot tM ~ pariies w involuntary by oper~rion of the Isw) of the samt and that the covenants herein contained shall bind and the benefiri and adva~ts9p inur~ ro ~h~ resp~ctiv~ heki, byd represeoutivet, successors ~nd ~u'yns of tM p~nin hereto. Md ~~id Mortgspws. (o? themulre~ u~d their hein, leyal r~present~tives, succ~sswt and asspns, hereby jointly •nd s~vcraily coven~nt and apr~e ro ~nd w~th the uid MORTGAGEE, its successors ~nd auiyns: ry y p~yabls by virtue of ?~id promis?ory note, and this 1. To pay •II ~nd sirp~tar the principal and imerssl and th~ wrio~f and sund sums of mone mon9pe. ~ach and ~wry, promptly on tM d~ys rt~p~ctiv~ly tiw s~ ~twr~lly betoms due. r~ 2. To pay afl ~nd sinpul~r rhe taxes, ~sseasmentt. Iwies, liabilitit~, obliyations ~nd ~ncumbranch of tvery n~ture •nd kind now on ~~id d~uribed property, a that hereatur may b~ imposd, s~ffer~d, pl~t~d. Iwied, a awssed the~wn, w tFut Mr~~ft~r m~y t» levied w~s~esud upon this Mwtg # •g~, a the ind~Medneu wcured Mrtby. each snd ~very, wMn dw and p~~~bl~. ~ccordi~q to law, befat 1My become delinquent, •nd before a~y inter~» , a~~eches o~ ~ny pen~lty is incurrtd; ANU INSOfAR AS ANY TNEREOF IS OF RECORO THE SNME SHAII EE PROMPTIY SATISfIED AND DISCHARGED Of = kECORD AND THE ORtGIhAI OFFICIAI OOCUMENT (SUCH AS, fOR INSTANCE, TNE TAX RECEIPT OR TNE SAi15fACTION PAVER OFiIC1AllY ENDORSE~ UR CER11f1E~) SHAII pE PUCED IN THE MANDS Of SAID MORTGAGEE W~THIN TEN DAYS NEXT AFTER PAYMENT; and in the event Ihst •ny thereof if no1 c.a~d. ~~e ~fied ~nd d~sch~rged s+:d MORTGAGEE m~y at •ny nme pay ~he s~me w any p~rt tMreof withou~ w~iving or af(ect~ng •ny opt~w+, lien, puity a " •~pht under or by virt~e of thi~ morfg~ge ~nd the full ~mount of each and every such p~ymenl shall be immed~arely due •nd p+yable •nd sh~ll b~~r inter~st ~•om the d+~e thereol unril pa~d ~t rate of nlne per centum per •nnum •nd toyether w~~h such interei~ shatl be secured by rhe lisn of th s mw9t~~. `v, ' S~.~~r 1y~ 1~L)~ r~~ - f°~ . . . _ _ _ ,e.__