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HomeMy WebLinkAbout1595 223.,i95 TNIS INDENTURE, N4d~ thc 8!h d~y of FQbru~y A.D. 19 7? - between Jose~h F. Corso and MaQ A. Corso. his wif• - of ~IC~A ~p~nfy Florida, MfQiMfiN designated +s tM "MOR~GAGOSt." and fIRSi FEDERAI SAVINGS AND IOAN ASSOCtATION OF FORT PIERCE. • corporation w9~n~:ed ~nd ex~i~in9 vnde. t~ Iaws of ths Un~ted Sr~~~i of Arturica ~nd Mvir~ iri principal plac~ o} buuneu in th~ City of Fwt Pierct, St. tvcie County, fbrid+, her~~naftsr de~~yn~tsd as tM "MORiGAGEE:' WHEREAS tM MORTGAGOR is juitly ind~bttd to tM MORTGAGEE in tM sum of = good and I~wfui money of the Un,ted States advanccd by the MORTGAGEE unto the MORTGAGOR, as ewdenced by a certain promisswy note of evcn date herewith, of wh~ch the following in wo~ds snd figures is a tru~ copy, to-wil: s ~o,ooo.oo 3-t7,9~o fo?t Pierce, Flaida, ~bru8~ 8 19~_ fw value rectivtd. I, we w either of u~, prom~se to pay, without defaltation, 1o the order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE a~ Fort P~erce, Florida, the sum of S ~~i~0•~ - w~th f~~erest from date at the rote of 4q per snnum, in monthly install- ~^.entt as fot:ows: S 81 the -L~~ day of -~Rril , 19_~ and a like sum on the c«respond'+ng day of each montA ther~- efter until tht whole be fully psid. Each instatlment fint shall be appl~ed in payme~t of the interest and then on the v~paid balance of ~he princ~pal sum. If d sult is made in 1he F:aymzM of any insbllment when due, and such defauh continues 30 days, ihen a1 the option of the holder, and without any othe~ notice, all the nmsining ,nstallrr~nfs shail be due and payabte at once. Privileg~ is given to prepay this note in whole or in psrt at ~ny time without penalty. Neither forobeara~e, ~ nor atcepunce by the ho~der thereof after any default in •ny paymenls he~con, shali be deemed extens~on. A lare payment chargr of Z shalf be ~ rddrd to tach installment rcmaining unpa~d 7 days after ih due dats, and + like sum shall be addcd ~o each such ins~allment remaining u~paid 7 dsys ~fter - each succeeding payment date. ; Each maker, surety and endwser hereof, jointly and severally, waive~ demand, p?csentment protest and notice of protest for nonpayment, and furlher agrecs to sny extcnsbn of t~me of payment, either before w after maturity, without not~ce io any of ua; and to pay all costs of collect~on, includ~np a ' reasonable attwney"s fee in the event of any defau~t hereunder, and hereby severally waives aIl benefit of homestead and eaemption under the tonstitution* a~:d laws of each Srate of the United States, as against this obligation w ~ny eatension o~ renewal hereof. ~ W~tnesa the hand and seal of e+ch party_ s/ Joseph F. Corso ~nu \ . cseA~~ \ s Mae A. Oorso ~~u ~ $1 K .00 cs~?u ~ ) St+h Rev~nw ~ ~ NOW, THEREfORE, the MORTGAGOR for the purpose of secv+eng payment of ssid sum of s ~~•~0•~ ~nd the performsnce of th~ covenants and sgreements hereinsfter expreued, ~nd for divers good and val~able considerations, by these presents, doea grant, baryain, te?1, remite, releau, conrey and co~firm unto the MORTGAGEE, its tuccessors and iupns, •11 that ce~tain 101, piece or parcel of land, situate, (yin~, and beirg in ths County of $t. Lu~cie ~nd Sut~ of Fbrid~, dewib~d fotlowa: Apartment III-204 of INL~~"f AO~TSE CONDCl~IINIIIM AP1R'MENTS, BUILDING N0. III, a condominium, according to the Declaration of Condominiwn recorded in 0. R. Book 199, Page 623, of the Public Rscords of St. i Iucie County, Florida, TOG~..'THER WITH all of its appurtenances ~ according to said Declaration. ~ E a _ ~ W} 5!A1 C ~F t-LOF~IL~A. ~ ~ ~ DOCU?+Et~!?l:~~STl,~tP TAX ~ - o = FfB-9'72 ~ <}_''i-; ' O ~~py~p j .2G`~ ~ ~ IN ?AYYEI(f OF U1XES ~ V ' s 4~ = 01lE ON CaASS 'C' {MTAIiGlel.f ~ERSOt1Al PROPERTr, : y ~i.~ - - 1't1il~AI(~ TO Cf1A/?ER 71-134, ACTS OF 1971. ~ p.8r~rn~ u_ _ ~ ti06ER t~O~TW?s, per~ CLwtt cowR st tw~ Co. Fl~. ~ ~ rogethcr w~th sll and tirtg~lar tht ten~ments, herediamenri ~nd appurlanc~s there~nto btlotginp or in anywis~ app~~tainirg fherefo. ~nd all n+?ri, issws. proceeds and profits acuuirg and to acuue from taid premises, all of which ~n includ~d in tM ~bov~ +nd fasyoinp deuription ~nd Mbendwn. TO HAVE ANO TQhHO~OrtM abow desv~bed and yr~nted premisss umo tM said MORTGAGEE, in successon snd ~uipns for~wr. Md th~ said ~ MORTGAGOR fw T' 1 - heirt, exetuton, adminisrrato?s and u~igr», her~by toverunb with th~ ~sid 11110RTGAGEE, in suatssas and ~uipru. ~ ~ rhat bwfully ae~:ed of tM aid pr++n~s~s in ie~ simple; tMt the s~m~ ~n frN, cl~ar and diuhuyed from ~II liens and M+cwo- ~ trarxes in law or in squity, uk! that ~@q will and their hein shall wurant and d~f~rd th~ titb to the sam~ ro th~ aId ~ ~ MORTGAGEE, its succeuws and auiyro, forwtr ~inst th~ lawfut clairra and dtmandi of all patomt PROVIDED, AIWAYS that if tFw MORTGAGOR shall pay unto the MORTGAGEE the promissory ~ote hereinb~fwe destribed u+d ~hall huly, promptly . and fully perform, d~sd++r~e, execute, compkte, comply with and abide by ~ach ~nd ~very the ~tipulations. ~yre~menri, conditia» and coven+nb of ~aid ! t-~ prom~swry note ~nd of tha Mortya9e, theo this Mwt9ap~ and tht Estate her~by ue~ted ~hall aase and be nul) and void. = IT IS UNDERSTOO~ th~t the wwd "MortyaQw" whetF~er in tAt ~inyulsr w plw~l anywMr~ in this Mort~+y~, ah+ll b~ sinputar if one onty u~d shall be plural jointly and ~tvtrally if mor~ tMn on~, a~d that tM wwd "their" ss v~ed ~nywhert in thi~ Mortpay~ aMll b~ t~k~n to mtan "his;' "htn," a•.iri:' whersvcr the conte:t w implip or admiu. Abo, that whe+evK there is ~ nf~renc~ in th~ cov~nan» u?d ~yreemenb herein conuined to amr of - the panies hereto, th~ samt shall be ca?strued to mean as well a~ th~ hein. Ipa) r~presentativa, succeswn ~nd ~uiyro (either volunt~ry by ad of tM p~rties or involuntary by operatan oi the law) of the sMne and that ~h~ covenann hsnin cont~ined thall bind and tlw benefib ~nd ~dv~ntag~s inur~ _ to the respectivt heirs, Ipal rtpreseot~tiv~s, ~uccessws and au'yns of the puties h~rtro. And ssid Mwtyaywi, fa themselv~s and their hein, ley~l repr~sentativp, i~rcusaat and ~ui9ro, hereby jointly and wv~r~lly covenant snd apree ~o and with the said MORTGAGEE, its iuccessors ~nd nsiyns: ' 1. To pay ~II ~nd iinpular the printipal and intsrsit and the various.~nd sundry tums of mon~Y paYabb by virtw of said p~omisswy not~, ar?d this ` mwt9ay~, each and every, promptly on tFw day~ reip~ctiv~ly tFw tame t~rtr~lly becan~ due. 2. To pay •II and sinyvlu the qxes, auassmenn. Isvi~s, lisbiliti~s, obliyatio~s ~nd ~ncvmbru+ce~ of every natur~ and kind now on said d~scribed prop~rty, or th~t hereafter may b~ impwed, wffad. Placed, levied, or auetsed thtreon, or that htre~fte~ may b~ levitd w aueued upon fhis Mort¢ ey~. w the indebtedneu ~rcd Mreby. ~+ch and wery, when due ~nd paYable, aaadi~p ro law, befae Ihey becane delinqwnt, ud befwe u+y int~r~st attaches w any penalty i• inturred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHALL dE PROMVTIY SAi15f1E0 AND OISCHARGED OF stECORO AND TNE ORIGINAI OFfIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, TNE TAX RECEIPT OR THE SATISFACTION PAPER OFfICUIIY ENDORSED OR CERTIfIEO) SHAII SE VLACED IN THE HANDS OF SAID MORTGAGEE WIiHIN TEN DAYS NEXT AFTER PAYMENT; and in Ihe ~vent that any tlxreof if not ~ paid, sar sfied a~d discharged sa'd MORTGAGEE may •t any t~me p~y tM s~me or any pa?t Ihcreof without w+ivinp a affectirg sny option, lien, equity a •~yht undn or by virtue of th~s mort9aye and the full amoum of e~ch and every tuch paymeM shdl be immediafely due and p~y~bb ~nd aMll b~~r im~reat ~~om ~he dne thereof until paid n rate of n~ne per cemum per ~nnum and to9c~~r ~~~~~mcre~t shall be secured by tht lien of th:s morptap~. ~U~ ~~~C1594 - - ~ ; - ~ - ~ _ . `~i _ . .