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HomeMy WebLinkAbout1799 ~~~VVa~ ~ . THiS INDENTURE, Mad~ t 21 st daY o ~ A.D. 19 7~ between 8 2' C og01~0 811a7CJ31CA~&O~,IlO~ 1~8 ~ o; Sti• T+L1C3.@ ~qi~~y Flwida, hereinaf~er designated is ~~M "MORTGAGQR:' +Od F~RST FEOERAI SAV1.yGS AND LOAN ASSp~IATiON OF FORT PIERCE, a corporat~or~ organized and exiiting under 1ha laws of the United Slat~t of Americ~ ~nd Mvirg ita principsl place of businets in ~he City ot Fwt Piace, St. Lucia Covny. Fla+da, hsrein~b~r dssipnat~d as tFK "MORIGAGEE.° ~ WHEREAS ths MORTGAGOR is jusdy indebted ro ths MORTGAGEE in the sum oi = good and lawful money of the Un]ted ' S~ates advanced by the MORiGAGEE u~to the MORTGAGOR, as evidenced by a certain promiuwy nole of even date herewith, of which the followin~ in s or~s snd figures is a trw copy, towit: ~ 3~~ 8~ 59~ 3,000.00 Fort Pierce. Flwid~. 21 19_ Fa valve received, 1, we or either of us, prom~se to pay, without defalcation, to the orde~ of FIRST FEDERAI ~SAV~INGS ANO LOAN ASSOCIATION OF FORT PIERCE af Fo?t Pierce, Fbrida, the sum of S 3~~0~~ w;th interest from date at the rate of l•~ % pc~ snn~m, in monthly irtt~ali- ,^ents as follows: = 25~~ on the 1 st day of ~p~~~r , 19 ?2 and a like sum on the correspa~d:np day of each ma?th the~e- attrr until the whole be fulty paid. Each instaflment first shall be appl;ed in paymeni of the interest and then on the ~npaid balance of the p?intipal sum. If d ault is made in the F~ayment of any installment when due, and such default continues 30 days, the~ at the option of the holde~, and without a~y other rat~ce, all the remai~ing ~nstallments shall be due and payabie at once. Privitege is given to prepay this note in whole or in parl st any time without penalty. Neithe~ forobearxxs, nor acceptance by tAe hotder thereof afte~ any default in any paymcnts hereon, shall be deemed exten~ion. A late paymeM chsrqe of s ~•2~ , shsll be ~dded fo ezch installment remain~ng ~npa~d 7 days afur its due date, and a like sum shall be added to each such instaltment ?emaining unpaid 7 days after each succeeding payment date. Each maker, :urety aad endorser fiereof, jointty and severally, waives demand, piesenrment protest and notice of protest for nonpaymeM, and fv~ther agrees to any extensan of t~me of payment, e~ther before o~ aite? maturity, without rat~ce to any of us; and to pay all costs of collettio~, includ~ng a reasonable atrorney's fee ~n ~~ie event of anV default hereunder, and hereby severally waives aiI be~efit ot homestead and exemprion undet the to~slitWion a~,d laws of each $rate of fhe United Stares, as aga~nst this obligatioe a any extension a renewal hereof, Witness the hand and sea~ of each party. s/ Patrick Rogolino c~Au cs~Au s JayGe RoQOlino ~U ; ~•50 ) 5?ale Revenue ~u E6~arwpraw~eMed~vrr~erigineF~~ NOW, 7HEREFORE, the MORTGAGOR for the purpox of securir?g payment of said sum of = 3~0~~~ and tke perFormancs of tF?e covenants and agreemenq hereinafte~ expressed, and fw dive~s good and valwble tonsiderations, by fhese presents, does gr~nt, bargain, seli, remise, ~eleau, convey end confirm ~nto tl+e MORTGAGEE, its successors and auigns, all tlwt certain IoL piece or parcel of land, aituate, lying, and being in ths County_ o~ $t. ~I1CiA snd State of Flwida. described ~s follows: , _ . _ _ _ _ . . . i - r i That part of Lot 1~ B1ock 19, of Plat No. 1, INDftIO SUBDIVISION, UNIT N0. 1, as ger plat thereof on r'3.1e in P'lat Book 5, page 1t2, Public Records of St. I.ucie County~ Florida, described as follars: Beginning at the Southwest corner of said Lot 1~ run thence northerly to a point on ? the north line of I,ot 1, which is 20 feet east af north~,rest corner of said Lot 1, thence run easter~y to northeast corrrer of Lot 1, thence run Sautheaster~? to South- east corner of Lot 1~ thence r~in xester~y to the point of begiruiing. ( This is a second mortgage being inferior anly to a pMor first mortgage from mortgagors to mortgagee and recorded in 0. R. Book 202, Page 251t7, Public Records of St. I,ucie Caunty, Florida S ~ A f t uF ~ ~ 111 PA~ ~ Tl~ J j DOCURRENTAd ~ S AMP' Tq X. ~ ItiTAN6~8~ ~A~~ ~r~ -.N~2772 ^ r~~~a~'` ~0 q{~p?ER Tl•134. A~.iS OF 1SI?1•~.J<~ N v UEiT.OF 2F'lilJE - I• j O- ~ (~Rj~~~~lE CQ-. P.B,9o~~2 ~ = o~uc c~ ~ ~ togefhcr with ~II snd sir?gular fhe tertemen~~, hcreditamenn and appurtances thereunto belonyirg p in ~nywise appeAainirg thaeto, and all rents, istues, proceeds and pro(~ts acuuin~ and ro accrue from ssid premises, all of whid? are included in the above ~nd fore9oinp d~scription ~~d h~b~ndvm. TO HAVE AND TO HOID the above dexribed and granted premisea unto the said MORTGAGEE, its successors and sugns fwwe~. A~d tM aid h50RTGAGOR},, ~fo~r. ~e~-- heirs, executws, administratws and sssigns, f+ereby covenanb with fhe said IYWRTGAGEE, in n,ccessw~ end •uip% rhat lawfully se~zed of the said premiiei in fee simplr, that tlr same ue free, ckar ar~d dixharQed fran ill liens snd ~ntwrr b~ances in Isw w in eqvity, and that_~_ wiN ~nd their hein sF~all wa~rsnt and defend t}w titk to the s~rrw ro the wid MORTGAGEE, its successon and assigns, fwever against the lavrful cla'uns and demands of sl) persons; PROVIDED, AlWAYS thst if the MORTGAGOR shall pay tmto the MORTG/IGEE tM prorri~uory rqte hereinbefore dewibed and sha11 trvly, ptomptly and fully perfwm, d~scMrge, execute, tompkte, comply ~rith ~d sbide by• esch and every ths ttipvlaRor?s, a9resments, eonditions and cownants of aaid p~om;ssoiy nots snd of this Mwtgsge, then this Mwtgage snd tfie Estate hereby created shsll uase snd be nvll ~nd void. IT IS UNDERSTOOp tl+~t the wwd ••Mortgsgor•• whethec an the rngvlar: or.;-~wel ,~~ywhere: ~ this Mwt~~~ ahall b~ sinpulu if oM only and shall be plural joimly and severally if more than one, and if?at the wwd "~Froir" ai ~rfid anywl~~~' a Mort9ape ~hall be faken to mean ••his;• •7ien•• ~ or "its;' wherever the tontext so implies or admifs. Also, that wherever there is 3~ferw~te jf? th~ ~~ntt and pnemenri herein containad fo ~r?y of the parties hereto, the ssme shall be construed to mean as well ss the hein, legiF r~eslnt~tiw~„ sut~ifps and.usig~ (eitMr vo[uMary by ~ct of tl» ~ parties or involuntary by optration of the law) of the same and that the~tove~ants Irrein nor?tained sFwll bind ~nd fh! benefift ~nd advant~~s ir?w~ ~ ro the respedive heiri, leg+l representativcs, successon and su'gns of the p~Aits hereto. , • - , ~ ~ Md said Mwtgagors, for themselves snd their heirs, Icgal represe~tatives, sucusw~s u~d aui~ns,'hereby jointly and s~vera(Iy cav~um ~nd ~yr~e : ro and witF~ the said MORTGAGEE, its successors and auigm: ~ 1. To pay ~It and si~+yvtar fhe pri~cipel and inrerost a~d fhe variovi and sv+~dry sums of mor?ey payable bp ~v~rtw of ssid promissory note, ~nd thn ~ . ' matgage, e+ch and every, p~omptly o~ the days respectively the s~rt?e sever~lly become due. ? 2. To pay all and ~ingulsr tM axes, assessments, levies, li~bilities, obliyations a~d snc~mbranca of every nHwe s~d ki~d rqw on said described p+ope?ty, or that hereafter may be imposed, suffered, pf~ced, levied, or auessed thercoo, w thst he~eafte? may be Iwied or ~s~essed vpp~ this /1~pr~¢ s age, or tFk indebtedneu secvred hereby, exh and every, when due ~nd payable, sccordinp to law, befwe thejr becomt delinqueet, and b~for~ a~ry? ;MKat ~ attaches w any penalty is incurred; ANO INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL BE PROMPTLY SATISFIEQ , AND DISCHARGfD OF RECORD AND THf ORI6INA! OFfIClAL DOCUMfNT (SUtH A5, FOR INSTANCE, THE TAX REtE1PT OR THE SATISFAC710N PAPER OFfICIAIIY ENpORSED OR CERTIFIED) SMAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event thst any thereof is not pa;d, sat'sfied and discharqed sa"d MORTGAGEE may st any fime pay the same or any part thereof withovt wairing w affetting sny option, lien, equity or •~qhr under or by virtue of this mortgsge and the full amount of eath and every svch p~yment shall be immediately d~e and pay~bk and shall b~~r interest ~rom rhe date thereof until psid at rate of nine per centum per annum and together with such interest shalt be secured by the lien of th:s mw9tpe. ~ ' t ' 4 ,.~y . ~ - ~s-'s ~ . ~ .~.~93 -v- ..S' ' f ~'ha~ _ _ . . ~ ^ k~ =k- . '