HomeMy WebLinkAbout1988 ~15~.'~ 4 ,
THIS INDENTURE, Mad~ tM ~~'h day of `~~'en~8r A.D. 19 7~ batween
Josenh F'. Corso and tlae g, Corso, his vi£e
of Sti. 11LC~@ , Cou~ty Florida, hereinaiter desig~ared as fhe "MORTGAGOR," and FIRST FEDERAL SAVINGS AND IOAN ~
ASSQ~IATION OF FORT PIERCE, a corporation w~anizsd and e~cistin~ under th~ law~ of tM Un~ted $tat~s of America and Mvin~ iri principal place of
busirwu in tM City o~ Fwt pi~rc~, St. luci~ County, Flwida, hetsinsftH deti9nated as tM "MORTGAGEE:'
WHEREAS tM MORTGAGOR is jvatly indabted !o tl» MORTGAGEE in ths wm o/ ~ , good i~ te;,vful money of thc Un;ted
State~ ~dv~nced by ths MORiGAGEE unto ths MORiGAGOR, as evide~ced by a cer?ain promiasory eots of even date herad6il~+, ~ whiclt ths followinp in
wads ~nd f' ures is + trw copy, to-wit: . .
~ ~~,5a~.oo M +,~-~7~,3a9
' ~
~ ~~.m.. F~«~~,, ~ptem~r ~ 0 - ~ i9~
Fa vatue received. 1, we or eirher of us, promiu to pay, withouf defaication, to the o~der of FIRST FECERAI SApVINGS ANt! IOAt~'~15$~ATION OP
FQRT PIfRCE at Fwf Pierce, Fbaida, the sum of S ~ with i~terest from date at the rate of ~7•~9(e per annum, in Mw~th~y install-
;
~»e»rs ss lollows: s • _ on the ~ st? day of Noveaber ~q 7~ and a like sum on tl+e cor~espond~ng day of each month the~e-
after until the whole be fully paid.
E+ch instsllmeM first shall be applied in payment of the interest snd ~hen on the unpa~d bafance of the pri~c(pal sum. If d aulf is made in ihe
payment of a~y insta~imenf when due, and suc1~ defauh continues 3p dtys, then at the op+ion of the ho{der, and without any other ~otice, all the remaining
;nitallments shall be due and payable at once. Privilege is given to prrpay this nots in whole or in part at any t~me without penalty. Neither fo~ebearance,
nw atceptance by tAe holder thereof af~er any default i~ any paymenti hereon, shall be deemed extrrtsio~. A late payment charye of f • 8 ihsll be
added to each insralfinent rema'roiny unpa;d 7 day~ after Its due da?e, and a like sum shall be added b each such installment remaining unpaid 7 days after
each sutceeding payment date.
Each maker, su~ety and endwur hereof, jointly and seve?ally, waives demand, presentment protest and no~ice of prote~t fo~ nonpaymenL and turtfier
ag~ees to any extension of time of payrtK~t, either be(ore or after maturity, without no?ice to any of us; and to pay all costs of collection, includ;ry a
r~•asonable attoroey i fee in the evem of any default herevnde~, and hereby uverally waivea all benei~t of homestead and exemption under the tonstitution
and laws of each State of the United States, as against this obligation or any extension a renewal hereof,
W~tneu the hand and seal of each party. ~
s/ Joseph F. Caarso ~Ai~
(SEAL)
s Mae A. Corso ~~u
~ ~1 T~25 ) 5tate Revenue ~~~1
t~wll~ ~IAIi s~ ~A~Mw~~ wA~-
NOW, THEREFORE, the MORTGAGOR for the r ~ j 5~.~
pu pose of iecuring paymeM of said sum of S ~ and the perfwmarxe of the
covenants and ~greements hereinafter expressed, and fo? divers 9ood and vaiuab~e consideratians, by these presents, does grant, bar9sin, selt, remise,
re~eaie, convey and co~firm unto the MORTGAGEE, iri ~ucceuo?s and suigns, ell thst urtain lot, piece w pucel of land, situate, lying, end being in tM
Covnry of - $ti . Id1C ~@ ~~d Sute oi Florida, dexribed as follows:
'i'he East 1!alt.T6 fee~ of the North ?5 feet of the South !ilt5 feet of the ~bst hal£ of the
:ast half of Lhe SW~ of the Nii~ of Section 21, Tamship 35 South, ~nge lt0 East, St. Iucie
Coimty, Florida,
AISO 1~ESCRIBED as being the South ?5 foot tract of the txo 75 foot tracts a~arked not in-
cluded in the reconied Plat of Corso Courta Subdivision in Plat Book 12, at page 23, of
the public Records of St. Lucie Cotmty, Florida, ?
RECEIYEO ~ ~..L,~'
d tN PA7ME:rT OF TAXES
DUE ON tX/~SS 'C' INTANCIBLE ?E^SCNAI P:tOPERiY,
/URSUANT TO CMPiER 20721. A~CiS OF 19a1.
R06ER POITRAS, Cle~ Grait Court
w 5 j j'~'j" ~ oF t- L O~-2 I'~.S l~ ~s Ilsent for OAMIEI N. KNOWLES, 1R
DOCUM~PaTAo S~fAM~P Tl' X St ly~j~ `~I1lY jall COIIEC~O~ ,
~ = SEP 1 T71 A ~ ~ -
~ ~ = • - t TZ. " 8Y C
v~ v orir.t,~ et+rr?t;t = DENIY CLERK
1901t2
P.B. - -
tugether w~th all and sinqul~r tM ttnements, heredit~mcnts and ~ppurt~ncn thereunro belonyinq a in anywise appert~ininq ti~ereto. ~nd all renn, iuws.
proceeds and proRn ~ccr~ing and to acuue from said premixs, al~ of whicl~ ue included in t1~ ~bov~ and fw~oinp ds~tription ~nd habaidum.
i0 HAVF AND 70 ~ the above desaibed and granted premiies unto th~ sa;d ~NpRTGAGEE, i~s ~uccsssors end auiyns fwevN. Md tht said
MORTGA~,G~O~R fw t'h@ he~rs, executors, admi~iitrators ~nd •ssigna, her•by cova+ann with tM said MORTGAGfE, it~ sutcttwn ~nd auipro,
rhat -~+~i-~~--- lawfully seized of ths said prem~sts in fee simple: that the iame we fr~e, clear and dixMrped from ~II tiens ~nd tnc~m-
branc~~ in taw w in equity, u~d tMt they will and t~ ~ hein ~hdl warraM und def~nd the titl~ W tM suM fo 1M ~aid
MORTGAGEE, its succeuo?s and aui9ns, fo?~ver ayairut ths lawf~t d~im~ and demands of all perw~s;
VROVI~E~, AlWAYS that if tM MORiGAGOR shaH p~y vnto the MORTGAGEf the prpni~~dy note Mreinbefw~ dycribed u~d ~ha11 truly, promptly ~
and fully periwm, diacharQe, eaecut~, compkte, comply wirh ~nd abide by each ~nd ev~ry fhe ~tipuf~~iwa, a~rsemenn, condita~~ and coven~nn of said j
promissory not~ and of this Mutgsye, ti?e~ thia Morrgaye ~nd tM Esute hereby ue~ted ~hail ceas~ and be rwit ~nd w~d, ~
IT IS UNDERSTOOD that tF~t word "Morr~apor" whether in tM ~irguiar or plwal ~nywhere in this MortQaQ~, thall be sinpular if on~ only ar,d
shill be plural jointly and ~va~11y if mor~ th~n one, and tMt the word "their" ~s used ~nywFKn in this Mwryp~ iMll be taken to m~an "his; '"hen; ' ~
w"ib;' wherever tM ca~ttat w implies a admit~. Also, thal wherever there is • r~ftrent~ in tF~e covenantf ~nd ayreements herci~ cont~ined ~o ~~y of
tM pa?ties here% tht sart» thalF be const~~ed ro mean as well as /M Min, leyal rtpresentatives, succetsal and as~gro (eithK voluntary by ~ct of tM ~
parties a inv o
luntary by optr~tion ot the I~w) of ~he same and thaf the cove~sms herein contained shall bind and the benefih ~nd advant~yK in~r~
to ths rap~ctiw he'us. Ipal r~p~ssentatives, succeuws and ~ss~yns ot the partiss hereto.
Md said NSwf9ayws, ta themsalves and their heirt. It9a1 re(xestMativN, uxteuws ~nd auiQns, he.eby joiMly and severally covenant ~nd ayr~e ~
ro ind wifb tFw ~aid NIORTGAGEE, iti iuccesso.s and auiqns: ~
1. To pay ~II +nd sinpular tM p~incip~l ~nd ir+tetest ~~+d th~ wrious aod ~undry wms of moneY paY~ble by virtw of taid prom;ssory not~, and this
mwt9pe. ~+ch and ~wry, promptly on ~h~ day~ respeetively the tame ~v~raNy become due.
2. To pay ~tl and sinpui~r th~ t~xes, assessmants. I~vi~s. li~bilitisi, obliyatiau ~nd tMwnb~u+tes of every natw~ and kind now oo ~aid d~wibed
property, o~ that he~~afttr may b~ impoa~d, s~ffer~d, pl~ced. lsvied, p~ueued ther~on, w that hersaft~r may b~ kvied a ~uessed upon tF~is Mort¢
~9~, ot tM ind~bt~dntss stcured Fw~~by. ~ach and every, wMn dw ~nd payable, ~ocordin~ to twv, b~for~ tl»y becom~ delioquent, and b~fon ~ny ;nterne
anachss or ~ny penalty is incurred; AND INSOFAR AS ANY 1MEREOF IS OF RKORD THE SAINE SHAtI SE PROAAPTLY SATISFIED AND D13CHARGED Of
RECORO ANO THE ORIGINAI OFfIC1AL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR TME SATISfACTION PAPER OiFtCIAtIY ENDORSED
OR CERTIFIEOf SHAIt 6E PIACED IN THf MANOS OF SA1D MORTGAGEf WlTHIN ifM DAYS NEXI Af1FR ?AYINFNT; ~nd in tM evtr?t tFwt ~ny thertof is no~
pa~d, sat'ffied and dixh~rged sa:d MORTGAGEE m~y at any t~me paY the same a ~ny part thereof without w~iviny or af}ectinp any option, lien, puity o~
•~yl~r under a by virtut of ~hii mortgaye a~d the full amount of eech ~nd every ~uch payment sh~lt be immedutely due and p~y~bt~ a~d shall bfar inr~res~
i~om the date thsreof unfil paid r~re o1 nine per centum per •nnum and toye~he h e~est ih Ip~ ~red by the lien ol rh:s morytayt.
g;,~r FAG:~~c70V
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