HomeMy WebLinkAbout1794 2;~5819
THIS INDENTURE, Mad~ tha 9t'h day of ~rCh A.D. 19 72 berwee~
_ ,~ose,p~ J• S~,~urro~ Individually and as Trustee ioined by
his ~rife Elaine I. Sciturro
of Sti• C~8 , ~punty Flaida, hereinaftM desgnated as the "MORTGAGOR," and FIRST FtOERAI SAVINGS AND IOAN
/?SSOCIATION OF FORT PIERCE, a corpaat~on orqanized and exis~in9 undar ~he laws of the Un~ted Sta?QS of America •nd Mviny its principal place of
business in the Ciry of Fo~t PiKCe, St. lucie County, Flwida, hsrtinaiter desi~natad ~i tM "MORTGAGEE:'
WHEREAS tM MORTGAGOR ii ju~?ly indebted to the MORTGAGEE in the sum of = ~ 6~~0•~ , good and lawful money of the Un~ted
Srares advanced by ~he MORTGAGEE unro the MORTGAGOR, as evidenccd by a certain promissory ~otr of even da~e hr~ew~th, oi wh~ch the following in
~o~ds a~d figures is a trw copy, towit:
z 16, 000.00 N, 3-18, 064
Fwt Pierce, Flaids, Ch 9 19~-
for value reccived, I, we or either of us, p~om~sLe to pay, wirhout defalcation, to the order of FIRST FEDERA~ SA~VIN~GS AND LOAN ASSOCIATION OF
FORi PIERCE at fort Pierte, Florida, fhe sum o( S ~ V~~~~~u w~th interest from date at ?he rate of I•J96 per +nnum, in maNhly irtstal!-
~ ments as fol!ows: S ~ 29 on the ~
S~ day of ~~T . 19__! ~ and a like sum on the cwrespond~ng day of each month there-
~ afrer until ~he whole be fully paid.
~
\ Each insta:lment iirst shall be appl~rd in payment of the in~e~est and then on the unpaid balance of the princ~pal sum. If d ault is made in the
Fayment of any installment whcn due, and such default conrinues 30 days, then at the opt~~n of the holder, and w~thout a~y other not~ce, all the remain~ng
~ ,~~srallmenrs :hail be due and payable at axe. Privilege is given to prepay this note in whole or in parl at any t~:ne without penatty. Ne~hqr forebearance,
~ nor acceptance by ?he holder thereoi after any default in any psyments he~eon, shall be deemed eatension. A late payment tharge of S shall be
added to each insrallment remaining unpaid 7 days after iri due date, and s like sum shall be added to each such installment remaining uopaid 7 days sfter
each succeeding paymeM date.
+ Each maker, surety and endorser hereof, joimly and severaUy, waives demand, presentment protest and notice of orotcst fw nonpayment, ~nd iurther
' agrees fo any extensio~ of time of payment, either before w aitcr maturity, without ~ot~ce to any of us; and to pay all costs of collection, includ~ng a
; :~~esonable attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead artd exemption under the constitution
and laws of each State o} the United States, as against this obligation w any extension a renewal hereof.
v;~ W;tness the hand and seal of each party.
, s Joseph J. Sciturro. Individua~j~,and
~ as Trustee - - ~Aq
~ s/ Elaine I. Sciturro ~~p
( ~ ~ • ~ ) Stare Revenue t~t)
(
NOW, THEREFORE, the MORTGAGOR fot the purpox of securing payment of said sum of S~ 6a~~~ , ~nd fhe performsnce of the
q cov~nants and sgreements hereinafter expresscd, and fa divers 9ood and valuable considerations, by these presents, does grant, baryain, sell, remise,
~ release, convey and confirm unto the MORTGAGEE, iri succeuors and assigns, atl thal certain lot, piece w p+rcel of land, situate, lying, and being in the
~ County of $t. ~L1Cie and State of Flo?ida, dewlbed +s follows:
Apartment R-202, of COLONNADFS CONDOMINIUM N0. 6~ a Condominium
according to the Declaration of Condominium recorded
in 0. R. Book 198, page 173, as aarended by Amenda~ents recorded
in 0. R. Book 198, at pages 2688-2694 and 0. R. Book 199, at
page 2283, al]. references to the Public Records of St. Lucie Caunty,
Florida, TOGETHER WITA all of its appurtenances according to said
' Declaratian~~
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i ~ z ~;OC:!"~~,r7Ao~ 1 L. i~ IR PAYMEJ~ ~ ji~
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~IAI
~ ~ nae~a~t - - - RE`'Et~1~D
~ t,~a = ' _ " 18~E P~~`OF 1911. m~ ~
~ ~ ~x z~:;~~ 2 4 0 C = ~"E~,j ~o ~ ~
s PB. »o, ~t~ ..l ~ _ P~ p~ qrwn CauR
~ ` - - - ' W,~eER
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~
~
~ rogether w~th all ~nd singular the tenements, hereditaments and appu?tances thereunto bela+ging a in anywise spperl~ininp therero, ~nd all rentt, iswa,
~ proceeds ~nd profits +ccruing and to accrue from said premixs, all of which ~re included in tM.abow ~nd foreparg description and habendvm.
~ TO HAVE AND TO HOtD the •bove dewibed and grsnted prcm~ses unto the iaid MORTGAGEE, its successors uid aaipns forev~r. Md tFw wid
t}~a i r __y
MORTGAGOR fw heirs, executors, sdministrators and assigns, hereby covensnts with the iaid MORTGAGEE, itf waeswn and utipro,
- rhat a~ - lawfully seized of ths s+id p`emises in fee simple; that the ssme ue free, ckar and discharyed from afl lieru ~nd encwn-
~ brances in law w in equity, ~ed that th~ will and their hein thall w~rnnt ~od defend t}w title fo th~ sam~ to tM said
= MORTGAGEE, its successors and auigns, faever y~inst the lawful cl~ims and demands of all persons;
~ PROVIDED, AIWAYS that if fhe MORTGAGOR shall unto the MORTGAGEE the omissor rate hereinbefwe described ~nd ihall tnil tl
P+Y P~ Y Y. Wa^P Y
and f~lly perform, d~uharge, execvte, compkte, c«nply with and ~bide by e+ch ~nd every the stipulations, agreemenri, conditio~s and toven+nri of aid
3 promissory note ~nd of this Mortga~e, then this 1Nortg~ge •nd the Estate hcreby veafed shall uas~ and be null and void.
IT IS UNDERSTOOD tMt the wwd "Mortys~or" whNher in the sirgular a plural u~ywhert in this l4Aortyape, iiull b~ singula~ if on~ only and ~
_ shall be plural jointly end ~everslly if mot~ than one, and that the word "their" as used anywher~ in thi~ Mortgsge sh~ll be taken fo rt»an "his;' "htn;' V~'~
_ or "iri;' wherever the context w implies or admits. Also, that wFrcrever the?e is • referenu in th~ covenants and asreements herein tootairnd to ~ny of L:~
the parties hereto, the same ihall be construed to mcan as well ss the Froirt, leyal rspesenfstiva, wccesson and suigro (~ither volvntuy by ad of th~
pa?ties or involuntary by operatan of the law) 01 the same and that the covenants her~in comeined shall bind •nd rhe bsnefin •nd sdvanrpes inur~ ~
` ro the respective heirs, legal repreuntatives, tucceuors and au'gns of the partiet hereto. ~
~
Md said Mortgsgors, fw themselves ~nd ~heir heirs, legal representstives, successors and auigns, hereby jointly snd severslly covenant ~nd apree Q
v' to ~nd with the said MORTGAGEE, its tuccessors and assigns:
0
_ 1. To pay •II and sirgvl~r the principsl snd interest and the vsrio~n and sundry wms of money psyabl~ by virtue of said promisswy note, and this
n ~
- mwtyaye, each and every, promptiy o~ tFw d~ys respcctively the same sewr~lly become due.
.c !
_ 2. To pay all ~nd ~iny~lar the fa:es, assessn+enb, levies, liabilit'~es, obligstions and encumbr~rxst o~ every natur~ and kind now on s+id destribed ~o `
prop~rty, or that hereafter maY be imposed, wffered. Pl~ced. lev~ed, a ~uesaed thereon, w tMt hereafier may be lev~ed w usessed ~pon this Mat~- o~
~ age, or the indebtedneu secvred hereby, esch and ev~ry, when d~e and paysble, sccwdirg to law, before they become delirpuent, ~nd befor~ ~rnr interest
- attaches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SAi1SfIED AND DISCHARGED Of
RECORD AMD THE ORIGlNAL OFFICIAt DOCUMENI (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENDORSfD
OR CERTIFtED) SHAII BE PLACEO iN THF NANDS OF SAIO MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the evsnt that ~ny thereof is rar
pa~d, sat'sfied snd discharged sa:d MORTGAGEE may at any time pay the same w sny part thereof without waiving o? a(fetting aoy optioo, lien, equity w
r~ •~flhr under w by virtue of this morrg~ge and the ~ull smount of each and every such payment shall be immediately due and payabk +nd sh~ll bear interest
- ~.om the date thereof until paid at rate of n~ne per centum per annum and together w~th such interest shatl be secured by t}~e lien of th:s morytaye.
~ _ _ " . _ _ _ _ !
~-~a.~ 'Y S ~ h~5 A'"'l'~
~ - G"'i~"(~x
Vi- ^ ~ Tm< h..yfy ~
a ~4%3~s~: naX~.~z~..-,z"".,~ .`~c ~.v.._.,r . ' 'K~y S.
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