The URL can be used to link to this page

Home My WebLink About2799 2348~9 ~ 1- THIS INDENTURE, Mad~ the u~ day of A~~t , A.D. 19 between _ Bartolo Alvarez and Lucy Alvarez, his xife, of Sta Lb3.~.i Counfy Florida, he?einafter deiignated •s the "MORTGAGOR," and FI~t~T FEQERAL ' SAYINGS AND IOAN ASSOCIATIOM OF FORi PIERCE, a torporar;on wyanized and existinp unde~ the Isws of tM United Statas of Ameriu And llavinp ib principal pl~c~ of busineu in tM City of For) Pierce. St. lucie County, Florid+, herein~fta d~spnated ~s tFw "MOrR+TGAGEE:' WHEREAS tM MORTGAGOR is juitly indebted to the MORTGAGEE in 1he sum of = 2~+7~t ~ , yood and lawful ma+ey of tM Un;ted Srates advanced by the MORiGAGFE onto the MORiGAGOR, as evidr~ced by s cerlain promiuwy note of even date herewitb, of which ths folfowirg io wo27 and~g~~ is a trve coPY. bwit: S ~S • 1• N, 3-18.61~1 Fort Pierce, flwida. A~18t 4~ 19~ ; Fw val~e received, 1, we or either of us, promise to pay, wilhout defalcarion, to the order of FlRST FEDERAL S~AV.I~N~G~S AND IOAN ASSOCIATION OF ° FORT PIERCE at forf Pierce, fb?ids, t~ sum oF = 27 ~ with interes? from date at the rate of 1! Ll l6 per annum, in monthly install- ~nenrs as follows: S 2~•~ on the 1st day of ~~ber , t9~_ and a like sum o~ the correspond~np day of each month there- aher uNil the whole be fully paid. ; Each installment first shall be appl~ed in payment of the i~terest ~r?d then on the unpaid balance of the princtpal sum. I( d a~?t is made in the f payment of any installment when due, and such default conNnues 30 dsys, then sl the option of the holder, and withou~ any other notice, atl the remain~ng ~ ~nstallments shall be dve and payable at once_ Privilege is given to prepay this hote in whole or in part at iny time without penslty. Neithet fwebearance, nor acceptance by the holdr ~hereof after any default in any payme~ts hereon, shall be deemed extcnsion. A late payment charge of 5~0, shalt be added to each instalfinent remaining unpaid 7 days after itt due dat~, and a like sum shal! be added to each such installment remaining unpaid 7 days ~fter i each succeeding paymeN date. ~ Each maker, surety and endwser hereof, jointly and severally, waives demand, presentmc~t protest and notice of protest for nonpaymmt, and further agrees to any eztension of t~me of payme~t, eitfier before a after maturity, without notice to any of us; and to pay all costs of collectio~, inctuding a reasonabk attorney's fee in the event of any defau3t hereunder, and hereby severalty waives all benefit of homestead and exemption under the ta+ititution and laws of each State of the United States, as againar this obl~gation w any extension or renewal hereof. Witness the hand and seal of exh party_ S/ B artolo Alvarez ~„p (SEAI) S/ Luc~ Alvarez ( ~j1~~~1 Stste Revemre ~u (6M~n?s~ Mwa~is~~~rilwNl~Ne~ NOW, THEREFORE, ths MORTGAGOR far the purpose of securing payment of said sum of s 27 a 5~• ~ , and tM performance of ths covenan!s and sgreemenri hereinsfter eapressed, and for divers good and valuable tonsideratiwu, by theae presenrs, does grant, baryain, selt, remiu, release, ca+vey and confirm unro the MORTGAGEf, its succe:sors ~nd asaigm, all tF~at certein lo?, pieu w parcel of land, situste, lyirg, and being in the County of I.uc3e , and State of Florida, dexribed ~s follows: Y.ot 5, Block 5, SURFSIDE SOBDIVISICN~ ONIT CNE, as per plat thereof on file in Plat Book 10, Pe,ge 17, Public Records of St. Lucie County, Florida,~ i ~ °F ` : o~ Q+'~e'f" ~Y~, , ~ w STATEo~FLORfDA ` `er~is~'~'~' ~ v ti- = DOCUMENL4fl" STAMP TAX - ~7 G~~~~' V PC~S , ~ ~wrai ~p S•`: ~NjA~ ~~\~~A~~ E ~ ; ~ ` 4.12 5 ~ ot~ ~~L:. s;. +f ~T~~ ~v ~ `'y`J'~t~, Sl ~~.1?0112 ~ ` . ~RS ~ C`~J\t ~ ! ~R ~ ~ t together with all and singular the tenements, hereditaments srxl appurtsnces thereunto belurgirg w Qn ~nywise apperfaining thereto, ~nd ~tl renn, iuues, ~ P~ueeds and prof~n accruing :nd to acvue from said premFses, all of whicb ue included in the ~bov~ and forayanp description and Mbendum. TO HAVE AND 70 HOID the above desc~ibed and y~anted premiies unto the said MORTGAGEE, ib successors and assiyns forev~r. Md ti+~ said ~ MORTGAGOR for thP~lr he;rs, eaecutws, adminiitraton ~nd assigns, hereby covenann wnh the ssid MORTGAGEE, its successon and assipm, the are ~ rhat y - lawfully seized of tl+e said premises in fee timple; thst the ume ue fne, ckar and dischsr9ed from ~II 1'~sro uid ~ncurr~ brarxes in law or in equiry, ~nd that ~ will ~nd ~e1r F~ein al»If w~rrsnt and d~fend the title to ths sam~ to th~ aaid ~ MORTGACsEE, i» :uccessors snd auigns, fwever against the law(ul ctaims a~d dem~nds of all perswy; } PROVIDED, ALWAYS thar if fhe MORTGAGOR shall pay urito fF+e MORTGAGFE fhs promiswry rafe hsreiobefae deuribed u~d shall truly, promptly and fulty perform, d~uharge, eaacute, compkte, comply with ~nd abide by each and every the stipvlations, agreementt, conditipu and toven~nts of said promiupy rate and of this Mortyage, then thia Mwtgage sr?d the Estate hereby ueated sMlt ceasf and be nul! and void. IT IS UNOERSTOOQ ti»t the word "Mat9agw" whether in the s~ngubr or plvral anywhere in lhis JNortQsQe, shatl bt siny~lar if on~ only and shall be plural jointly ~nd sever~lly if more than one, and that the word "their" ss used ~nywMers in thia Mwty~ye sMll be taken to me+~n "his," "hen;' or "its;' whcrever the context so implies w sdmits_ Also, that wherever there is ~ ref~rence in ths coven~nts and ayreementt herein oontair~! to ~rryr of ~ i the parties hereto, the s~me shaN be const~ved to mean u well as the hei~s, leyal representativef, wccesson snd asti9~n (either voluntary by acl of tht f parties a involuntsry by opention ot tF+e law) of the s~me and that tF~e covcnanri herein co~tained sh~ll bind a~d the benefib ~nd advant~yes inw~ ~t ro the respettive heirs, kgal representatives, successors and au~gns of the partid hereto. } Md taid Mortg~gon, fa lhemselves and their hein. legal rep~esentatives, sucussors ind augns, hereby jointly and sevaally covenaM ~nd ayree ' ro and with the s+id MORTGAGEE, ia s~ccesson and su~gro: ~ 1. To pay ~II and sinsul~r the principal and intercst aed the variovs and sundry sums of money payabk by vi?iue of ssid promiuory note, ~nd this rnatppe, esch and every, prompNy on the days respectivety the ssrrM severally betaoe dve. 2. To pay alt and s~ng~isr tl+e qaes, assessmenn. levies, liabilit;es, obliqations ~nd encvmbra~ces of every nature and kind now on said d~svibed property, w thst hereaher may be imposed, suffered, p~xed, kv'~ed, or assessed thereon, c~ that hereafter may b~ levied or ~siessed upon this Mwtg age, w th~ ir+d~btedneu secured hereby, sach and everyr, when due and p~yabte, xcading to bw, befort they become delinqvart, and befw~ ~ny interest afrache~ w any penalty is incurred; AND INSOFAR !?S ANY THEREOF IS OF RKORO TME SAME SHAtI 6E PROMPTIY SATISfIED AND DISCHARGED OF RECORD AND THE ORIGIhAI OFfICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFIC1AltY EtJDORSEU OR CERi1f1E0) SHALL 8E PUICED IN THE HAMDS OF SAIb MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event fhsf any thertof is not paid, saYsfied snd dixharged said MORTGAGEE may at any time pay the same a any part thereof withovt waivieg w ~ffectirg any option, lien, eqvity or •+vht under a by virtue of th~s mortgage and the full amount of each and every sucl~ payment shalt be immediately due and payabb and shall besr interest ~~om the date thereof until psid at rate of nine per ce~tum per annum snd togetF~er'er~~a~~rest~s,h~a'~,'~0d by the lien of th:s morptay~. ~ 1 i!U ~ ~z - ~ - ; ~ 9 l ~ ~a~~~3s-~ ~.v ~ ~ ~ ~