HomeMy WebLinkAbout2549 2~4~1 v
THIS INDENTURE. AMd~ th~ 24th day of ~Y A.D. 19
72 ~ MtwNn
Patrick Raaolino and'Joyg~ ~ol „~~,,.h~3~r~rit~
of St • LLC ~Q ~~pyAM flOti~i. MfN1N~1K d~sipeated u tM ."MORTGAGOR;' and i1RST FEDERAI SAVINGS AND IOAN
ASSOCIA110N OF FORT PIERCE, ~ oorpor~tion wp~niz~d ~nd ~xistinp undM ~M lawa of tM UniNd Sata of Amulu ard h~vinp in principal pl~u of
buun~u in th~ City of Fwt Piaa. St, luci~ County. Flaid~. hsr~in~ha daipnaad a th~ °MORiGAGEE.°
WHERE/1S th~ MORTGAGOR i~ ~ntly ind~bt~d fo th~ MORTGAGEE in tM sum oi ~ 17 ~ , Qood and lawful maney of the U~~ted
State~ advaoced by tM MORTGAGEE vnto tM MORTGAGOR, as evidenced by a artain promis~y ~ot~ of ewn date Iwrwviti?, of which ti+~ iollowinp in
words and fipur~s is a t~w copy, towit:
~ 19~000.00 No- 3~18+44?~
Fwt Pi~ra. Flwid+. ~y 24 19 72
~ Fw wtve ~eceived, 1, w~ a eithar of u~, promise ro pay, withovt defalution, to ths ader of FIRST FEDERAI SAVIN(i5 ANa 10/1N ASSOCIATION OF
fORT PIERCf ~t Fort Pierp, Fiorkla, tM wm of = 17~~~ with interest from dah at th~ rab of 7~5'JL pa ~mwn, in rtaMhly initall-
- ments u followr. i~ 137 on tM lst day of S@pt@l~@! 19 72 and a lilu sum on tM corrppondinp dsy of esch month thKr
~ after vroi) the whole be fvlly p~id.
` Each installment firit shall b~ applied in p~yment of the interest x?d then on th~ unp~id b~lance of ths princ~p+l sum. If d ault i= mad~ tn tM
y„ payment of any inttallment when dve, arK! wch default tontinues 30 days, then at the option of tM holder, ~nd without any other notice, aU tFa rem~ioirg
„ ~nstallmenn shatl be due and payabk at ooce. Privila9s is yiven to prep~y ihis noro in whoh or i~ p~rt at any tane without p~n+lty. NeitM? fwebtuanu,
~ ~w acc~ptance by the holder thereof afte~ any default in any p~ymenfs F~ercon, shall be deemed extension. A ~ate payment ci?~r9~ oi thall b~
~ added to each installment ramaini~q unpaid ~ days ahsr ib dw date, ~~d a liks sum shall be added /o each wch installment ranaini~p uop~id 7 daya after
each iucceeding payment date.
~ Each maker, su?ety and endwser hereof, jointly and sevcratly, waives dem~nd, presentment protest and notice of p?otest fw nonp~ymant, ~~d f~rrher
_ agrees ro soy extensiw~ of time of paymeni, either before or afrer au~wiry, without notice to +ny of vs; and ro pay all ooan of oollectan, includ~rg s
y reasonabk attomey's fce i~ the event of ~ny def~ult herevnder, ~nd htreby severally w~ives all benefit of homesteas! astid ~xemption under the constitution
~ and laws of each State of the United Stata, u apainst this obligatan w a~y extension w renew+l hereof.
Witness the F?and s~?d scsl of esth psrty.
r ' ~ S/Patrick Ro9olino ~
x ~
; S/Jovice Roaolino ~
I t$25 ~ SO ) State Revsnw l~?U
?
3 NOW, THEREFORE, th~ MORTGAGOR fa ths purpos~ of secwlrq p~yment of said wm of = 17~0~•~ and th~ p~rform~,x~ of th~
y coven.nfs and ayr~emenn hereinafrer expressed, and fw dvers pood and wluabk consideratioos, by th~s~ pr~sM+ts, do~s yrant, ba~ain, selt, remiss,
~ releas~, conwy ~nd con{;rm unto the NIORTGAGEE, its euccessora and assipna, dl thit cestiin bt piec~ w paroel of land, ~itwM, lyinp, ~nd beirg in ths
~ Counry of St • LUC3.E ~ and Stat~ of Pb?'id+, dexrib~d a fdlows:
That ps~ of Lot 1~ Block 19~ of Plat No.1~ INDRIO S[BDIVISION, I~IIT NO. 1,
as per plat thereof on fi~ in Pla~ Book 5, page 42, public records ot St.
Lucie Couaty, Florida, described as follows:
4
Beginning at the Southwest corner of said Lot 1, run thence northerly to a ~
point on tbe north line of Lot 1, phich is 20 feet east of north~rest corner
of said Lot 1, thence rua easterly to northeast corner ot Lot 1, thence
run Southeasterly to Southeast corner of Lot 1~ thence run westerly to the
point of beginning.
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together with ~II snd siepulu tht tenements, hereditamenq ~nd ~ppurtantss tMreunto bebrginp a in an~nvis~ ~ppntainirr~ tf+a?e% and ~Il rems. istws,
proceeds ~rd profin accrvirg and to secrue from uid premises, aN of wh+d~ ar~ induded ln tlw abo~v~ u~d fwpoi~g dewiption uid h~b~ndue.
TO HAVE AND TO HOID tht ~bov~t described and ~rant~d prema~s uMO th~ aaid MORTGAGEE, i» wcasw~s snd aaiprr fortwr. Md th~ sald
MORTGAGOlt for their hein, ~:ecutors, adminisbaton ~nd sugro, h~*ebY cownants witA tM uW MORTGAGEE. its waeswn and aaiper,
that -y lawful seizad of the said
ttl@ ~Z@ ~y pnma~s in fN irnple; that th~ wr» ~r~ fne, dw and d'ischarpsd from all li~r and ~
b.ances a~ bw a in cquity. ~nd tMt t~y will and tb@iI h~irs shdl warwnt ~rd d~fend tM thb to th~ saim ro th~ safd
MORTGAGEE, in successors and ~uyro, forwer apairot tFr lawful claims ~nd d~mae~ ot alt p~nons:
PROVIDED. /1LWAY5 tlat if the MORTGAGOR shail p~y unfo th~ AAORTG/1GEE th~ promiuay no» ha~ir~befon d~suib~d and sh~ll trvly, promptly
end fully perfwm, disthar~, exatut~, compktt, comply with snd ~bide by tsch and w~ty tM stipubtioes,
promissory nob and of tha Matyape, t}~en this Mwt9ay~ ~nd th~ Estat~ h~r ~~^n, oond~tiom and ~ve~b of ~id
~by rnat~d slwll qaw ~nd b~ nvll and void.
IT IS UNDERSTOOp th~t the word "Mwt9~por" whetMr in tM sinp~t+? or plurd anyvvlwn in tha Mortpapt. ~hall b~ sinpul~r if on~ only and
sha!! br plvral janfly and s~wrally if mon th~n one. ~nd that tM word °th~ir' p uNd anpnrlrn in thi~ Mort~~ s1y11 b~ taken 1o m~an "his:• •'h~rs,••
w"in: wheraver tF~ caN~~ct w enplies or admits. Abo, that wlxrever tha~ is • nfa~ in th~ aov~nu?IS and apr~am~nb harein ooMairwd w ary of
the p~nies t+ereto, the s+ms shall be c«atnied ro me+n as vwll a the heirs. 1~Q+1 np~entativeb sucassors and assipns (~ith~r voluntary by act of th~
pani~s or involw?tary by operation of tM law) of tiw sam~ and th~t the coven~ms her~in oontairNd shall bir~d and th~ b~nefits and advantap~s iiwn~
ro th~ nspectiv~ heirs, kyal representativp, sooussors ~nd ~saqm of th~ p~rfip h~reto,
/1r?d uid Matqa~ors, fo. themselws and tAe'v h~irs, tep+l ~epr~sent~tiws, a?cc~srws tnd asa'g% liaeby jointfy u~d s~wrally oov~nt u~d ~yne
to ~nd with th~ said MORTGAGEE, its sutta~o~s and ~saiqro:
1. To p+y dl and ~inpular N+~ p?incip~l and intNSSt a~d tM vs~ioua ~nd wndry wrm of moMy paYablt by virtw of s~id promissory not~, aod tlw
mwty+y~. ~ach and ewrY. P~~+P~h d+Y~ ?~+P~^n~Y tM ssrn~ srwnlly b~oonw due.
Z. To p~y ~II and siny~lu tiw taxa, assesunenb. lwies, lisbilitiws, obligations aed Mawnbr+nca d wery nahrr~ and kb~d now on said dNCrib~d
W~h, a that IMfNftb may b~ impowd, wffer~d. Pbced, levkd, w ~wea~ed tMrwn, or that here~far msy be levisd a ass~aad upa~ tH~ Morq~
or tM ind~bt~ea acurad haeb~r. ~ad~ and wery, wMn dus u~d p~yabb, aaad'u~p to Isw, i~fwe Nry bsconN delinquem, and btf~orf a~ Mterat
attaches or u~y pc~ahy a inturrtd; /1M~ INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL bE PROMPTLY SATISf1E0 AND OISCHARGEp OF
RECORb AND THE ORIGINAL OFFICIAL OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR TNE SATISFACTION PMER OffICIAIIY ENpORSEO
OR CERTIFIED) SHALL 6E PUCED IN TME HANOS OF SAID MORIGAGEE WITHIN iEN DAYS NfXT AFTfR PAYMENT; and k~ the ewnt thN ~ny tF~rwf b not
paid, s~f:sfied a~d d7scharyed sstd MORTGAGEE may ~t s~y time pay th~ same or any psn thenof withouc waivinp or affectirg any opt;on, li~n, p~ity a ~
•iqM w~der or by virtue of this mortyaye ~nd tM fvll arrwunt of e+ch snd every wch psymeM ahafl b~ inrmdiately dw and payabl~ and sh~fl bex inter~st ~
~rom the dat~ thersof vn~il piid at rate of n;ne per centum per inrwm and to~eti~e? with wch interest shall be secvred the lien of th:s morotap~.
Baa~ ~oz z~~7 ~
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