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Home My WebLink About0866 . _ ;~33~0~ ~ . ~ THIS INOENTURE, Mad~ the 14th day of ` `july ~~T--T A.p. 19_72~ between Richard Serino and Jeanne F. Serino, his wite'~ of St• 1'L1Ci@ County Flor;d+, hercinaita designatcd as the "MORTGAGOR,° ~nd fIRST FEDERAI SAVINGS AN~ LOAN ~ ASSOCIATION OF fOR1 PIERCE, a corporaiwn o.pa~izcd and exisring unda ~he lawi of th~ Unit~d Statas of Americ~ and Mving its principal place of ; busineu in ths City of Fort Piares, St. Lucie Ccunty, Fiorid~, Fxreinafter de~iyn+teJ as tM "MORIGAGEE:' WHEREAS the MORTGA~,OR is justly indebted to ths MORTGAGEE io the sum of = 22~.8~•0O good and lawful money of the Un~ted S~ates advanced by the MORTGAGEE unto the MORTGAGOR, ai evidenced by a certa~n promiuay noie of even date he~ewith, of wh~ch the followinq in words and figures is a trus copy, to-wil: s 22 ~ 800 ~00 3-18 ~ S~2 _ ~ Fo?t Picrc~. Flaida. `Jli~y 14 19 72 For valve received, 1, we or either of us, promise to pay, without defalcation, to the order of FIRSi FEUERAI SAVINGS AND LOAN ASSOCIATION OF fORT PIERCE at Fort Pierce, Fbrida, the sum of s_~~~ 8~ with interest (rom date ar the rote of 7~ 7~6 pa a~~x+m, in monthly inatall- rnents as foitows: S 1T3 o~ ~he day of S@ptCmbel ~9~_ ard a tike sum on the correspond~ng day of exh manth there- after until the whole be fully paid. Each installment first shall be applird in payment of the ineerest and then on the unpaid batance ot the princ~pal sum. If d ault is made in the payment of ~ny instalimcm when due, and such default continues 30 days, then at the opt~on of the holder, and without sny other notice, all the remaining ~nstallments shall be due and payab'.e at once. Privilege is given to prepay this note in wnole w in put at any time wilhout penalty. Neither forebearance, nor meptai+ce by the holder thereof after any defauit in any payments hereon, shall be deemed extension. A late payment tharge of f 8'65 sha11 be added to each installment remaining ~npa~d 7 days aftet its due date, snd a like svm shall be added to each such installment remaining unpaid 7 dsys after each sutceeding payment date. Exh maker, surety and endorser hereof, jointly and severally, w~ives demand, prexntment proreat and notice of protest fw nonpayment, and further agrees to any extens7on of Nme of payment, either before w after maturity, without notice to any of us; and to pay all costs of collection, including a reasonable attorney i fee in the event of any deiautr herew+der, and hereby severally waives all benefit of homestead and exemption under the constitution and laws of each State of ~he United States, as against this obl~gation o~ any extension a renewal hereof. Witness the hand and seal of each party. s/ Richard Serino ~u ts~?U ~ s Jeanne F. Serino (s~u~ ~ $ 34 ~ 20 ) State Revenue tirar~pr.s...ued.on a:gir..t.ooso~. 22 ~ 800.00 NOW, iHEREfORE, the MORTGAGOR for the pu?pox of xcu~ing p+yment of said sum of S a~d the performance of ths covenants and agreements hereinaiter expressed, and fa dive?s 9ood and valvable conside~ations, by these prese~ts, does g~ant, ba~gain, sell, remise, reteau, corevey and confirm unro the MORTGAGEE, its svcceuors and auigns, a11 that certain lot, piece or parcel of Isnd, sit~ate, lying, and beir?9 in fhe County of St • I'L1Cie snd State of florida, dexribed ~s fo+lows: Lot 7, Block 62~ RIVER PARK, Unit_ 7~ as per 1 plat thereof on file in Plat Book 12, Page 41w, of the Public Records of St. Lucie County, Florida. ~ i ~ ~ - ~ ' oF ~LORIUA G ~ S~i"AT ~ ao„ STA~iP~X ~v ~ ~ Tr~s pOCUMEN s.,,..A,,, - • ~N PA`~ ('1. ~ ~ _ _ _ ~ pRppB~ 3 Z ~ ,'u~lrn 3 420 = aec~~,~ „~~,~,s~~ ~s oF . Q - s ~ ON p!cv 71 ~'ta. ~ h V ocPt. a etvt~ " ~ pl{RS11N11 t0 ~~F{ ~ ~ '~t- ~ fA . P.B.~vo~~: ~ ~ ~.:~E GL`'v C'Cr'~t' togethe? with all and si~gular the tenements. hered~taments and sppurtances thereunfo belonyirg w in anywise ~pperlaininy thereto. ~nd all renri, issues. proceeds snd profits acuuing and ro attrue from said premiae~, all of which are incl~ded in the above aod fwe9oinp dewipYqn and Mbendwn. TO HAVE AND TO HOLD the above described and gr~~ted premises unto the said MORTGAGEE, in wcceswrs end +aiyns foreve~• ~?od fh~ s~id MORTGAGOR for their exKytas, sdministrators snd sssigns, hereby covenanb with the s+id MORTGAGEE, iri wccessors u~d +ssipm. ~ the are rhat lawfully sei:ed of the said premises in fee simple; that the s+me ~re free, cle~r and discharpad irom sll liero and encum~ ~ brancet in law ot in equify, and that thev w~~~ ~ their hein sMll wur~nt and defend the fitk to the samt fo fhe s+id MORTGAGEE, its successors and suigns, foreve: against the l+wful cl+ims and demands of ~II persora; ~ £ PROVIDED, AlWAYS that if the MORTGAGOR ihall psy ~nro tF+e MORTGAGEE the promi:sory note here7nbefwe described u?d shall truly, promptly ~ and fully perform, discharge, execute, complete, comply with and +bide by esch and every the itipulations, ~greements, conditions a~ coveMnn of iaid ~ ~ promissory rate +nd of this Mo?tgsge, then this AAortg~ge and the Esqte hereby ueated shall te~st and be ~ul) and wid. ~ IT IS UNDERSTOOD tMt the wwd "Mortgsgw" whetFxr in the sinpulsr or plural ~nywhere in Ihis Mortgsye, ~hall be sinpulu if ons only ~nd shsll be plunl joi~Hy and severally if more than one, +nd that the wwd "tF~e~r" as used snywhere in this Mwtyage shall be t~ken to mean "his," "hen;' ~ or "in;' wherever the context so implia a admits. Also, th~t wherever there is + referente in the corerw~K and ayreemenri herein contsined to ~ny of fhe p~~ties here?o, the same shall be construed to me~n ss well as the heirs, kyal rtpresentativd, succasors and auiyrq (either volunury by ~ct of th~ ~ parties o~ invo~untsry by operation of fhe law) o~ the ssnx snd that the covenents herein contained shall bind and tM benefiri and adv~ntagea inur~ ~ ro the respective heirs, Ieg+l represematives, successors snd ~u~9ns of the psNies herero. And said Nbrtys9ors, fw themsetvp a~d rheir hein, kgat representatives, successas snd auigns, hereby jointty and sevaslly covenant and ayr~e to snd with tF?e ~aid MORTGAGEE, its successors and assgns: 1. 1o pay •II and singular the prineipal and inte~eu s~d the wrious ~nd wrxlry wms of moneY psYable by virtue of said promiuory note. ~nd tha mortgape, each and every, promptly on tF+~ days respeaively the same aever~lly become due. 2. To p+y all and ~ing~la? the tsxes. sssessment~. levies, liabilities, obligstian and encumb~nces of every nstw~ ~nd kind ~ow on s+id dewibed ~ prope~ty, p th~t hereafter rn~y be impoxd, svffered, plxed, levied, w assessed thereon, p tMt I~ere~fte~ may b~ levied w useaed upoe~ this Mort¢ age, w tht indebted~eu secured he~eby, exh and every, when dve and paysble, accordirg to law, befwt they become delinquent, and b~fw~ any interpt a+taches w arty penslty is inturred; AND INSOFAR AS ANY THERE~ IS OF RKORO THE SAME SNALL SE PROMPTLY SATISfIED AN~ ~IS~HARGED OF RECOR~ AND THE ORIGtIVAI OFfICIAI DOCUMENT 1SUCH AS, FOR INSTANCE, THE TAX RECEIP~ OR THE SATISFACTION PAPER OffICIAIIY ENDORSED OR CERTIfIED) SHAtI BE PlACEO IN iHE HANDS OF SA~D MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; a~d in the evtnt thst ~ny thereof is not `us~ paid, sat"sfied and discharged sa'd MORTGAGEE may at any time pay the same a any part thereof without waiving a sffecting any optan, lien; pvity or •~qht under w by v~rtue of this mortgage ar+d the full amou~t of each and every such payment shall be immediately dve and payable ~nd shall bt+r interest ~ ~rom the date thereof untit paid ar rate of nine pe~ centvm per annum and to9ether w~th suth inte.es~ shall be secured by the tien oi th:s morptayt. Bt~01 P~Cf ~ ~ ~ ~tr:~~::~ ~ _ ~ ~ . ~ ~