HomeMy WebLinkAbout0363 . 214660 ~O ~
THIS IND.NTURE, Mad~ the ~t'h dsy of Atl~dst A.D. 19~L~ betwas+~
Vincent Coriver4o ~nd Sadie C~„~r~; ~s xife
of 7.11[!ZQ . Covnty Florida, M~einafta designated as the "MORTGAGOR," and FIRST FEDERAL SAVINGS AND IOAN
ASSOCtATiON OF fORT PIERCE, a mrpaatio~ wpani:ed and existing under 1hs laws o( the United Sut~i of Marica a~d havlrp in prl+xipi) pl•cs o!
busi~tas in 1M City of Fort Pierce, St. lucie County, Florida, Mreinafter de~iynated a: ths '7NORTGAGEE:'
WHEREAS 1F~s MORTGAGOR is jvitly indebted to ths MORiGAGEE in tha sum of =?7 ~y(~~, good and lawiul money of the United
States advanced by the MORTGAGEE uoto ths MORTGAGOR, a~ evidenced by a ce~~ain promiuory ~ole of even. date he~ewith, of which t1~e fotlow+nQ in
~ words s~d fiyur~i is a trw copy. to-wih _
e i 21~ ~OLL- M tro~Z~ 2~3
~_r Fort Piert~. Flwid~. Aj~119ti 11 19~,L
fw value received, 1, we or eittxr of us, promise to pay, without defalcatio~, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSOLIATION Of
\ FORT PIERCE at fwt Pierce, Fb~ida, tbs :um of s_~y~~(~ with interest from date ~t the rate of 7• 7~1t.
i per annum, in monthly irofafl-
~ ments as follows: j ~ 76: ~ on the -1.3~ dsy of OC~ eY' , 19~~ a~d a like sum on the correspondiny day of e+ch month thsra-
after uNil the whote be fully paid.
~ Each installment first shall be applied in payment of the interest and then o~ ~he unpa~d ba~ance of the princ~pal :um. If default is made In the
payment of any installment when due, and wch default conlin~xs 30 days, the~ at the option of the hoider, a~d without any mher notice, a11 ttro remaining
ir.staltmenis shall be due and payuble at once. Priviiege is 8iven to prepay this rwte in whole w in part at any time without penalty. Neither faebeara~ce,
~ no~ acceptance by the holder thereof after any default in any paymenfs hereon, shali be deemed extension. A late payment charge of s_ 8~~ shall be
~ added to each installment remaining unpaid 7 days afttr its dus da1e, and a li?e sum ahall be added Io each iuch installment remaininy unpaid 7 d~ys after
eath wcc~eding payment date.
e
~ Each maker, su~ety and endorser hereof, joinfly and severally, waives demand, p~esentment protest and notice of proteat far nonpayment, and further
~ agrees to any extension of time of payment, either before o~ after maturity, without notice to any of us; and to pay all costs of collc~ction, includinp a
~easonab{e attwney's fee in the event of any defaulf hereunder, and hereby severally waives atl beneFit of homestead and exemption under !he constitutan
~ and laws of each Stste of the Unitrd States, as against this obligation o? any extension or renewal hereof,
~
~ Witness the hsnd and sesl of cach party. -
s/ Vincent Converso
~ . . ~
cs~?u
~ ' ~ s/ Sadie Comrerso ~U
( $32. 1 ~ ) S:ate Rsvsnus . ~u
(
~ NOW, THEREFORE, the MORTGACaOR for the purpose of sccv~ing payment of tsid wm of i 2~ ~~t~• ~ a~d fhe performance of tMe
cove~anq snd agreemtnts hereinafte? expressed, ~d fw divers good and valwbl~ ca?iiderations, by tF?ese presents, does gr~nt, baryain, sell, remise,
~ release, convey ~nd confirm unto the MORTGAGEE, ib s~ccessors ~nd ~uigns, all that certain bt, piece or pucel of land, situafe, lyirp, and beiop in tt»
~~~~y St. Lucie ~ u~d Stat~ of fbrida, d~suibed ~s follows:
Lot 15, Block 79, RZVF~t PARK, UNIT 9-C, as per plat thereof on file in Plat Book 15, Page
23;28A, of the Public Records of St. Lucie County, Florida, ~
,
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~[iT.OF CE:F::LE wWGA ~IITRAS~ C~lt~ w~.W` ~
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p.~. i901IZ ~ ~ ~M N. K~(~ ~ ,
'L Lbdt OouRh Tu CoWec'1ot
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toyethtr with all and singular the tenements, hereditsmenb and ~ppurtances ihe~tunto belonpinp p in ~nywiie apptrt~ininp therefo, and •II rtnh, issw~,
proce~di and prof~ts xcruinq and to accrue from said premi~es, all of which ~re i~cluded in the abov~ ~nd fwpoin~ d~icrip?ion ~nd h~b~ndum.
TO HAVE ANO TO HOlO the above deuribed a~?d ~raMed premia~s unto tht taid IyWRTGAGEE, in auccetwn ~nd suiqrn fortvN. Md th~ said
MORTGAGOR fa heirs, ezecutws, ~dministrators and •ssiyns, btreby covenants w7th the uid AhORTGAGEE, Hs wcs~ssors and ~asipm,
~hat Lh8-
v-~-~--- tawfufiy se~zed o/ the aid premis~t in ft~ si?+» r, th~t tt» ~am~ ~r~ 1rk, cltir a~d dischar
P~ y~d f~om ~11 liem and ~ncuro-
brancts in law o~ in equity, ~nd that w71! and their ~
hev hein sMll warrant ~nd defend t!w titb to tM sarrM to eht wM }
:KORTGAGEE, its succeuors and aui9~s, for~ver against th~ lawf~l cl~imi ~nd demands of afl psrwns;
PROVIDfD, AtWAYS that if the MORTGAGOR sMll pay unto tF~e MORTCsAGEE the promiuory not~ Mr~i~b~fpa dearib~d ~nd ahdl huly, pronptiy
snd fully periwm, diuMrge, execu~e, complft~, comply with and ab"+de by exh a?~d ~r~.y the stipulat;ons, ayre~m~ma, cOnditiont ~ COVeMntf Of Hid t
promisw~y not~ ~nd of thia Mo?t9aqe, then thi~ Mwtya9e ar+d the Estate htr~by u~ated ~hall uas~ u~d bt null ~nd woid. t
IT IS UN~ERSTOOD th~t the word "Mort ~
yayor•• whe~her in ti?e ~7npular a plwal anywhH~ in thK Morty~qe, shall M sin~ulu if one only and
shall b~ pl~tal joi~fty ~nd Nv~r~(ly if more thu? oM. ~nd tMt tM word "tMir" ~s vsed ~nywh~r~ in thi~ Mortyp~ shall b~ t~ken to .n~u? •'hi~,•• ••Mrs;• ~
w"its,•• whererer t!?e contexr w implies a admits. Alw, that wherevsr there is a r~f~?encr in ~h~ cove~ann ~nd preem~nn her~in com•i,»d to ~ny of
rh~ p~rties her~to, tM sam~ shall b~ cautrued to m~an ~s w~ll as tM lwirs, leyal r~ts~ntativp, succ~saat ~nd auipm (either volwH~ry by ~cf of th~
partiN w involunrsry by operarion of the !~w) of the a~me and that the cov~nant~ hertin contained sMll bind s~d tM b~n~iits ae~d adv~ntay~s iewr~
ro tht rtsp~ctiw heirs, 1e9s1 r~prescntatives. iuccetsors and ~sryrn of th~ parties htnto.
Md said Mortyagors, for themselve~ and their heirs. It9al rep~~sar~utivp, succtsiots and auiprn, Fwreby joinlly ~nd wverally cov~nant ~nd prM
to ~nd with th~ ~aid MORTGAGEE, its sutctssors ~nd supm: x
1. to pay NI and sinyvlar ehe prinupa! ~nd int~?tst vnd tM wriow ~nd sundry sums of mw~ey p~yabl~ by virtw of s~id prom;isory no~~, u~d thi~ ~
mortpa~. ~ach a~d ~wry, promp~ly o~ t!r d~ys rppectiv~ly tFK a~me Nv~r~lly b~car?~ dw. _
2. To pay ~II ~nd singvla+ the taxa, assesfinenn, bvies. liabiliti~s, oblg~tions and ~ncu,nbrar~us of ~vsry narurs ~nd kind eaw on a~id d~acrib~d
P~~Y, a th~t her~~h~r may t» impwed, wffe~~d, plaud, levied, a~sNSNd lherwn, or th~t he~~~f~~r may ~e I~vwd or uuss~d upon t1+4 Mor1~
p~, a tM h+d~btedrKU secured her~by, each and ~v~ry, wh~n dw ~nd payable, aaadinp ~o I~w. b~Iw~ th~y beconN d~linqwM, a~d btfw~ any kNNe~1
atrechet a any penalty is inturred; AND INSOFAR /15 ANY THEREOf IS OF RKORO THE SAME SMAII bE PROAMiLY $IRTlSfIfD AND DISCHARGED OF
RECORD AND THE ORIGINAI OFFICIAI DOCUMENT ISUCH A5, fOR INSTANCE, iME TAX RECEIPi OR THi SATISFACTION PAPER OFfICIALIY ENDORSED
OR CERTIFIED) SHAII SE pIACED IN THE MAN~S OF 5~?~D MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the ev~nt that any ti~~of ia no1
p~~d, u~'sfied ~nd disch~rped sa:d MORTGAGEE m~y .r ..~y e~me. ay rbe ~eme a~ny part thereof wi~hovi w~ivirg or ~ffactirq any op~ion. lien, puity p
•~qht und~r w by virtue of th~s mor~9aye :nd the full amount of each ~nd ~very such paymant ~hall b~ immedi~ttly due and payable u+d shatl b~ar intKpt
~•om ~M dete thereof until pa~d at rate of n~ne pe~ centum per •nnum and toyaher w~th such intenir ih~lf be sect,red by flr~ lisn of rh:t morytpe.
R~~.x i9~ ~ 3~3 ~
C ck[.F'.~ry
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