HomeMy WebLinkAbout2444 ~ ~
~18~OU ~
Zst NovQmber A.D. 19 71, between
THIS INDENTURE, M~ the day of -
Vincent JaaQa Lavalvo and Ma?zy Lovslvo, his Kife
of St • i'UC e County Fla~d~, hereinafter desgnared es tht "MORTG~+GOR," and FtRST FEUERAI SAVINGS AN~ IOAN
ASSOCtAT10N OF FORi PIERCE, ~ corpo.at~on wganized and ex~s~ing under the ~aws of the Un~ted Sta~os of Amer~ca ard having its prin:~pel place of
6us~ness i~ the City oi fort Pit~ce, Se. lucis County, floridi, htreinafter des~gnated as th~ "ly10aR~CZF~G~:~
i svv s
WHEREAS the MORTGAGOR is jv~tly indebted to the MORTGAGEE in the sum of S good and lawf~l money bf thc Un:tc;!
Sratet advenced by the MORTGAGFE unto the MORTGAGOR, as evidented by a certam prom~ssay note of eYen date herew+~h, of wMch the fo!lowing in
words and figure~ is a true copy, towit:
s 14~500~pp ~ 3-17,568
Forf ~ierce, Flaids, NOV@Otb@Z 1 ~971 i
Fw vatue ~eceived, I, we or either of us, prom:se to pay, without de(alcat~on, to ~he order of FIRST FEDERAL SAVINGS AND lOAN ASSOCIATION OF }
~OR~ PIERCE at Fort Pierte, florids, the sum of s 14~~-!~ - w~lh interest from date at thc ratr of?~75 °.o p°r annum, in monthly install-
~~ms as fol°ows: Sl~~~ on the 1St d~y a{ .J8~11L~ZY 19_7~e_ and a~ile sum o~ the correspording day of each month there-
` e•~er vntil the who:e be fully paid.
Each insrallment first shall be appiied in payment of the interest and then on the unpaid ba'ance of the princ pal sum. If d ault is made in the
; ~;mrN of a~y installmenl when d~e, and such defauh contusues 30 days, lhen at the aphon of the ho~der, and w~thout any other not~ce, all the ranai~~ng
~srallments shall be due and payabie at o~ce. P~ivilege is given to prepay this note in whole or in parl at any t~me without panalty. Ne~ther (orebearance,
ror acceptance by the ho~der thereof afte~ any defav~t in any paymenrs hereon, shall be deemed extens~on. A tate payment charge of 5--6!~-. shall be
\ ,:;ded ro ezch ins~allment remaining unpa~d 7 days after its dw date, and a I~ke sum shall be added to each wch instaNmeM temaining unpaid 7 dayt after
rach sutceeding payment date.
~ Each makm, surety and endorur hereof, jointiy and severally, wa~ves demand, presentmen~ prote:t and notice of protes! fw nonpayment, and further
` a;rees to any extens~on of t~me oi payment, e~rher before o~ after matu~~ty, wi~hout not~ce to any ef us; and to pay all costs of co;lection, includ:ny s
' -;sonable attorney"s fee ;n the event of any defauh herounder, and hereby seve~a!ly wa~ves a~1 benefit of homestrad and eaempYon under the constitution
: •~d ~aws of each Srate of the United States, as agains! this obligation w a~y eatensio~ or renev.al he~eof.
~ Witnes~ the twnd and seal of esch party.
~ ~ s/ Vincent James Lovalvo ~E,,~~
(SEAI)
' ~ s Mary Lovalvo (SEAI)
~
` 21. ~ 5 ~ ~ (seni)
~ ; _ ~ srare aeveoue
` ~~!fSlMpl!!lOfRlIMd~1R~f1~hf~fA~ftti
~ 14 500 00
NOW, THEREFORE, the MORT6AGOR fw the purpou of securing paymtnt of asid sum of S ~ ~ end the performance of the
s ;evenanb and agreementi hereinafter exp~essrd, and for divei• yood and wtwble cons~derations, by lhese pcese~rs, does gront, bargain, sell, rtm;se,
; -e'rase, convey and confirm unto the MORTGAGEE, its successors end assigns, all that cerrain lo~, piece or parcel of Isnd, situate, lying, and being in the
' ' County of St . Lue ie a~d State of Pbr~ds, dew:bcd as foflows:
~
y
£
'
; Lot 26, Block 2, of SO[TPH PORT S2. LUCIE, iNI? 1~ as per plat thereof on file
; in Plat Book 12, pages 1 and 2, Public Records of St. Lucie County, Florida, ~
~
~
~
4
- ~ ~ ~ ~f IN PAYMEi'T Of TAXl~
~ RECfii~ -
- PURS~1l1fITC~TO CFIA?TER 2072{E ACTS~OF 194ROPERTY~
W i~~~ t= L U~ i U l~ r.oc"R POITt'JIS, cie~ c~~cu~t court
, , ; ~ „ , T ? ~ X ~s AYent tor ClINIEI N. KKOWLES. 1R
" ~ z -v ~r ~ ~ ~ ~ = St Lucie Count~ Tax Csllettor
_ a = k3ti I-'il Jt _ ~
o = ~j=#2~75_ ~ ,~~~,,.,~v
_ f~/j V Ltit.Gf PE:`•`, .~'e~ f _ _ DEPUIY CLERII
~ g. t i 01 12 ~~e% .
~
~
=i together w~th a~l and singular tlu tenemenrs. kercd;taments and •ppu~t~nces thereunto betqging w in anYwise •pperuinirq therefo, and dl r~nri, iaues,
- ~roceeds and profrts ~ccruing ~nd to accrue from s~id p~emises, all of which are included in tMe above snd fwepoinq dewiption •nd Mbendum.
TO HAVE AN TO HOLD the above described and 9ranted premise~ unto the uid NiORTGAGEE, iti successors and assigns foreve?. Md tM iaid
- ~heir
- 4+10RTGAGOR fw helrs, e:ec~tws, administra~ors arx! ass~gns, hereby covensnts with the said MORTGAGEE, its sutces~wf and ~siiyro,
the are
- ih~t - Y------- Irnfulty seized of ehe said premises in (ee simple; that th~ sama sre (ree, dear •nd discharyed from all liens snd ~ncum~
~ br~nces in law w in equity, ~nd that th@y vv;lt and their heir• shall w+rrant and deiend the title to the sam~ to tM aid
hAORTGAGEE, its successws and ass~gns, faever against the Iawful <laims and demand~ of •11 peraons;
' PROVIDED, AIWAYS that if the MORTGAGOR shsll p~y unto the MORTGAGEE the promisswy note hereinbefws drscribed and ~hall tru!y, promptly
- and fully perform, d+uhsrge, execvte, complete, comp~y wirh and ab:de by each and every the s~ipuEa~~ons, ~greements, condi~ions and cor~n~nta of said
- prom~swry note and of thi~ Mortgaye, ~hcn thi~ Mortysye and rhe Es»te hcreby veated shall cesse +nd be null •nd vo~d.
f? IS UNDERSTOOp that ihe word "Muty~gor" whefher in tM singular o~ plural anywhere in this Mortgage, shell be •ingular if o~e only and
- ~halt b~ plural joinfly ~nd sever~lty if rtwre th~n one. ~~d that the word "~heir" •s uied ~nywhere in th~s Mor~paye •hall be taken to me~n "hia:. ..hen,•.
w"its;' wherever the context w impl~es a adm~ts. Alw, that wherever there is a reference in the covenants and ~yreements herein contained to any of
' tht p~rties hereto, the ume tMll be construed to mean +s well u the he~rs, Icqa) rtpresentatives, successas ~*+d assig~s (either voluntary by M of the
parties w involu~~ary by operat~on of the lawi of the same and that the covenanta here~~ cont+ined shall bind •nd the benefit~ and adwnt~yes inur~
ro the respective he~rs, Ieg+l representatives, wcceswrs and •si~gns of the parties hereto.
And said Mottgagors. for rhemselve~ +nd lheir heirs, Icgal repreunt~fives, successws and assigns, hereby ~ointly and severally covcnant and pree
io and wi~h the u~d MORTGAGEE, ~ts successo~s and assgns:
1. To pay all ~nd sEnyular the principal and interest and the various ~nd sundry sums of money payable by virtue of taid promissory note, •nd thia
mwtyaye, each and every, promptly on the days refprttively the same several~y become due.
2. To pay •II and angvlar the ta:es, assessrt+ents, levies, Iiab+Gt~es, oWiyations and ~rxumbrances of every nawre and kind now on s~id dewibed
p~op~rty, a that hereafter may be imposed, tuffe?ed, placed, levisd, w+ssessed therew~, o? Ihat he~eafter may be ~evied or u~zsaed vpon this More¢
~pe, o~ tl+e indebtedneu secured hcreby, each ~nd every, when due and pay~ble, xcwdinq to law, before they kxcome delinque~t, ~nd befort ~ny iMer~s~
' attaches w any penahy +s intu~red; AYD INSOFAR AS ANV THEREOF IS OF REGORD TME SAME SHAtI BE PROMPTIY SAIISFIED A+~D DISCHARGED Oi
RECORD AN~ THE ORIGlhAI OfFICtAI DOCUMENT (SUCH AS. FOR INSTANCE, THE iAX RECEIPT OR TNE SAi15FACT10N PAPER OFfICIAIIY ENDORSEO
- OR CERTIfIED) SHAIt BE PLACED IN TME NANDS OF SAID MORTGAGfE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event th~t any ther~of is not
pa~d, sar sfied and d~scharged sa d MORTGAGEE may at any t~me p~y the same or any part thereo~ without waivi~g o. af(ea~ng a~y optlo~, lien, equiry p
- .~an~ under w by virtue of rhis mortyage ~nd rhe fuli amovnr of each and every such payment shail be ~mmed~are~y dve and payable and sh~ll bear interei~
_ srom the date thereof un~il pald at rate of n:ne pr~ cenfum per enoum ~~~~~h~suL`E~~~~a~~ be secur~d by the lien of th ? morytaye.
~