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HomeMy WebLinkAbout2662 ' '~6445 THIS IN~ENTURE, Albd~ tF+~ 24th day of March . A.O. 19?? ~ batween _ Richard J. Troso and B rbara K 2rncc~t hia W;fE of SL • ~.11C1@ County Florida, Mrtin~(~er de~iynated ~s !hs "MORTGAGOR," and fIRST FEDERAI SAVINGS AND LOAN ASSO~IAtION OF FORT PIERCE, a co?paation or~a~is~d ~nd excst~np undK ~M laws of tM Un~red Su~~i of Am~rica u+d havinp its principai pl~c~ of buuMU in tM Ciy oi Fat PiKC~, Sr. lvci~ Covnry. Flaida. htreinafta deaiQnared ~s t~w "MORTGAGEE." WHfREAS t!» AAORIGAGOR is justly ir~bted b tM MORTGAGEE in tM sum of = 24 s 100. 00 , good and I~wful mon~y of ths Un~tcd ~ States advanced by tM MORTGAGEE ~nto tF?~ MORTGAGOR, ~i evidenard by a certain promiuory note of eve~ d+te he~twitb, of which ths followinp in vro.d~ ~nd fipvr~s a• trw copY, to-wit: ~ 24 ~ 100. 00 4-18 .126 ~ P~«~.. F~«~a., March 24. iv..Z~_ Fa value received, 1, we w either of us, P.om~.~ ~o p.y, wifhout def~lcation, to the orde~ of FIRST FEDERAI SAVINGS AN~ IOAN ASSOCIATION OF FORT PIERCE at Fort P;ace, fbrida, the sum of = 24~ 1~~~• ~0 w;th i~te~est from date at the rate of7 ~ 759fi per annum, in monthly irutall- menis as foilows: = 198 on the 1 SL d~y of ~y 19 ?2 and a like sum on the care?pandinp day of esch rtw~th tt+ere- afrer until rhe whok be fully paid. ~ Eath iastallment First shall be applied in paymen? of 1hs lnterest ~nd then on the unpaid bals~ce of the prit+cipal sum. If d ault is made in tM ~ pa~mcN of •ny irutailment when dw, and such deftult continues 30 days, then st the option of ths holder, and without any othcr notice, ~II the remsining ~nstallments shail be due and payable at once. Privikye is given ro prepay this note in wFak or in part a~ sny Nme without penalry. Ncither fwebearance, ~ nw sccept~nte by the holde? the?eof after any defauit in any paymenb hereon, sha!! be deemed extension. A late payment ch~rge of 9O sh~ll bs ~ added to each installment remaininp unp~~d 7 days afttr in dw date, and a like sum shall be added to each such installment rem~inirq vnpaid 7 d~ys ahet each suctNdi~y p~yment date. \ E+ch make+, surety and erKJwter herwi, jointly ~rd teverally, wa~ves demand, presentment protest and notics of p.ofest fw rwr?payme~t, srxl further agreea to any extcnsan of time of payment, either before w after matu~iry, without notice to ~ny of us; and to pay all coats of co~lection, intlud~np a . reasonable attorney i fee in tFu ave~t of any default hereunder, and he~eby seve~ally wsives all benefit of homestead snd exemption under the cwutitution a~d laws of each Srate of ths United States, ss syainst this obligation or any extension a renewa~ he?eof. , Witness tha hand and ual of ~ach party. s/ Richard J. Troso ~p • (SEnU ; s/ Barbara K. Troso ~~U ' c ~ ~36.15 ) S~at~ Reveew «U . ~ (sT,~npresna'i~~wrv~r~na-1-*pt~f NOW, THEREFORE, the MORTGAGOR fw the purpos~ of ~ecv?ing p~ymeM of said sum of S 24 ~ 100• „ t~ ~a~~ of tM covenann a~d sp.eemenn hereinafrer e~cpressed. a++d for d~ven 9ood and w)wbl~ cons~derations, by thes~ presents, does y?~m. bary~in, sell, remise, ~ release. tonvey ~nd confi?m unto the MORTGAGEE, its successort and ~ui9ns, all that ce~tain lot. piece or pucel of lu~d, titwte. IYinp. ~nd beinp in ths County of - SL. LL~ClQ su» of Florids, dacribed folloMrs: Lot 29~ Block 43~ R217~R PARK - UNIT 5, as per plat thereof on file in Plat Book 11, page 31~ Public Records of St. ~ounty. Florida, W S~~A~i t rLUF;~t~A = Z DOCUMEiVT~t~S7t~~P T~X a = tfAR29'72 _ ; ~r,w ~36f5= u'cii.e? c~ti[e~ P.B.,so~ ~z - ~4jy~ ouf o,~ ~ ~ i u ~?r t ~'~Micr ~ p~~~t ro,,, °'~Fie ~r. ~ ~~ar~c °f ~t . This instrument prepared by ~ ~ ~ y~, ~ John Collins ~ ~ Eirst Federal Savings and Loan Association of Hort Pierce, Florida rogether with atl ~nd sirqvlu the hn~m~nts, he~editamer+b ~nd ippuruncss thereunto belorgirg p in anywis~ appeNaininp therNO, and all r~nts, issves. Woc~eds •~d p.of~n acuuing and to ~ccrw hom said premises, all of wFiKh ~re included in the ~bove ~nd fapanp description and Mb~ndwn. TO HAVE AND TO HOLD tM ~bow described ~nd yranted premise~ unto th~ ~id MORTGAGEE, its svcceuws and ~ssipr?s fonwr. Md th~ aaW MORTGAGOR ior t he i r ~x~tors, administr~tors and ~uigro, hereby coven~nts with tFN s~id N{ORTGAGfE, iri sutces~on ~nd rhat they are u,~,{~~ly seized of th~ taid premtses i~ f~e simpl~; that tM sam~ ~n frN, cleu and discl~a?y~d fram all li~ro ~nd sncun? brancs in law or in equity. .~,d rh.r_ thev wilt and their h~er~ aball wanant and d?f~rwd th~ titb fo th~ sarn~ to tM said MORTGAGEE, in tuccessors and sasigra, fwwer piu?st ttr I~wful claims and d~ma~ of ~11 p~rswyj PROVIDED, ALWAYS that N th~ MORTGAGOR shall pay ue+to the 1NORTGAGEE the promistwr not~ hertinbefw~ d~uribed ~nd aM11 trvly, p~omptly and fullY Perfor^~, dixMr~e, e:ecut~, comPtet~. comply wi~h ~nd ab~de by esch and ~very ti» stipvl~rio~s. +pree~nn. cond'nioro u~d coveMn» of said promiuo+y note and of this Mortps~e, t}»~ this Mortya~e and tlK Est~te her~by ne~ted aMil u~s~ ~nd be rwll and void. IT IS UNDERSTOOD that the word "Morty~or' whether in tM sinpulu o~ plwal ~nywhsr~ in t6is Mortyaps, sMll be sinpvlar if ar only ~nd shall be plural jointly u~d wvKalty if mor~ tMn ons, and that the wad "their" ss u~ed snywha~ in th;s Mcrtqape ~halt b~ t~k~n to mean •'his,•• "hut•• o~ •,id,•• wheraver the cant~xt ~o impli~s w sdmia. Also, th~t wherever ther~ is ~ rrfa~nu i~ the cownann and ~yre~meMS herein co~t~in~d to ~ny of th~ partiea her~to, tl+~ s+m~ ahall b~ cautrued to me~n as wsll as tlu heirs, lepsl repraent~tiva, wcuason and ~asiyin (~itMr voluntary by act of t!w partiK w involuntuy by operstion of the t~w) of tht s~me ~nd that the cov~nants her~i~ contained sh~ll bind and tM b~nefin and ~dv~nt~pp Inw~ ro tt+~ r~sp~etiw Min, Ipal reprKent~tives, wcc~uo~s and au°yns of th~ panies hereto. Md ssid Mortqayors, for tF~emklvK ~nd their h~in. lepal rspresentatives, wctesson and auiyro, hereby jointly and kverally cov~nant ar+d apr~e to ~nd with tM ~aid MORTGAGEE, in iuccessors ~nd auipro: 1. To pay dl and ~irgulu tM princip~l ar?d interest and tht varian and sundry avms of mo~wY paYibl~ by virtw of taid prom~swry not~. ~nd thia ^'°n~~• ~~~~~Y. P?~Pt~Y a+ tl» days respectively ti» sam~ sev~rally becorrw due, i 2. To pay ~II and sirgvlu tl+e tax~s, asstssrn~nt~. kvies, lisbilities, obliy~tiom ~nd ~narmbr~nc~s of ~wry n~tw~ ~nd k;nd now p~ y~id dycri~d P~~WnY, a ~Mt he~e~NN maY b~ imPawd, wffKed, p(~csd, levied. a iueswd thereoe, or tlr~t here~h~r may bt levwd a askawd upan tl~ MwtQ~ eo ~ +fle, a th~ indebtedneu koured h~reby. ~ach ~nd ~vety, wMn dw and p~yabl~. ~ccordinp to law, befon they becan~ delinqwnL ~~d befw~ any intaeit att~ches p any penalty is incurred; AND INSOfAR AS ANY THEREOf IS OF RKORD TME SAME SHAII SE PROAMTLY SAT($f1E~ AND d15CHARGED OF ~ RECORD AND THf ORIG1NAl OFFICIAL t10CUMFM (S1iCH AS, FOR INSiANtE, THE TAX RKEIPT OR THE SAT15fACT10N PAPER OFfICIALLY ENDORSED OR CERTIfIE~) SHAII dE PtACEO IN THE HANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in the event that any ther~of is not paid, sat:sfied and discharged s~:d MORTGAGEE may ~t any time pay the same o~ any pan tlxreof withovt waiving or affectirg ~ny option, lien, ~qvity w •~qht ~nder w by virtue of thit mortyape ~~d the fvll amount o4 e~ch and every such payment sh~ll be immediately due s~d payabb and shall btar int~rest ~•om the date th~reof until paid at rate of nine per centum per an~um and toyether w~th svch intere~t shall be secured by the tien of th:a mor9tap~. ~-s• v _ . _ - ? ~ ~~~W ~ :~a.~~~k~~- r "'4 ~ . . . ~ °`:'.~a'- ~-'.«~'r,.