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Home My WebLink About0078 ~Ga3Jil~i~ THIS INDENTURE, Msds the 7t h day of AU.9u 5 t A.D. 19_~~ between Philip P1a~notti and Sheila M. htagnotti~ his wife of $t . ~.LlCie County Florids, hereinafter despna[sd u rhe ".y1pR~GAGOR," and fIRST FEDERA~ SAVINGS ANU tOAN ASSOCIATlON OF FORT PIERCE, a corporatlon orgsnized and ex~sti~g unde~ t~e laws 'of t~e Uolted Statas of America and Mving iri principal place of buiineu in the City of fon Piace, St, luc;e County, Florida, he~einahe~ de~ignated ai ihe "MORTGAGEE:' WHEREAS the MORTGAGOR is justly iodebted to the MORTGAGEE in the sum of s 2~ 4O0 • Q~ , good and lawf~l money of the Unlted Srares advanced by the MORIGAGEE uroo the MORiGAGOR, as ev~denced by a cena~n promissory note o1 even doie•herew~tb, of wh~ch the following in words and figures is a true copy, to-wit: = 2,400.00 ~0 4-1t~,645 fwt Pierce, Florids, AuqUSt 7 ~q~ For value ~cceived, 1, we or eithrr of us, prom~se to pay, wirho~t defalcat~on, to the o~de~ of FtRST FEDERAI SAVINGS AND IOAN ASSOCIATIOY OF i FORT PIERCE at Fort Pierce, Fiorida, the sum of '2 ~ 400• w;~h ;nterest lrom date at thc rate of 7•~o Fe? annum, in monthly inslall- ~nents as foi!ows: S-1~•O0 on 1he lSt day of Oetober ~9 72 and a like sum on the cwrespon~tng day of each month there- after until the whole be fully p~id. Each installmen! first shall be appl~~d in payment of the inte~est and then on the unpaid batance of the princ~pal sum. If d ault is made in the Fayment af any ins~alime~t when dve, and svch deiault co^tinues 30 days, then at the opt~on of the holder, and without any other notice, all the remaining :~~stallments shail be due and payable at once. Privitege is given to prepay this note in whote or in part at any time without penahy. Neither forebearante, nor acceptance by the hotder thereof after any defaulf in any payments hereon, sha{I be deemed exrens~on. A Iate payment charge of S• 9O , shall be .d~ed to each instalfinent remaining unpa~d 7 days after ita due dale, and a IiAe sum shall be a~+ded to each such installmeot remaining unpaid 7 days after each succeeding payment date. ' Each maker, surety and endorser hereof, jointty and severally, waives dsmand, presentment protest and notice o( p~otesl far nonpay~ne~t, and further agrees to any extensio~ of time of payme~t, filFi2f before or after matur~ty, without not~ce fo an~ of us; and to pay all costs of collection, includ~ng a .~~~sonable atrorney's fee in the event of any defau'.t hereunder, and hereby seve~a:ly waives all benefit of homestead and exemption under the constitution and taws of each State of the United $tates. as against this obGgatioo or any extens~on or renewal Aereof, Witness the hand and seal of each party_ S c"i il0 t 1 _ (SEAI) l s / S a 1 (SEAL) $3 . 60 ( ) State Revenve ~ t5tnmpssto~lsbm~ogim~ a~e~ NOW, THfREfQRE, the MORTGA('iOR for the purpose of securing payment of ssid sum of S 2•400• ~0 . and the performance of the covenanb and agreemeroa he~eina(ter expressed. a~d for divers good and valuable considerations, by these presents, cloes grant, bargain, sell, rem;se, re~ease, convey and confirm unto the MORiGAGEf, its succeswrs and ass~gns, atl that certain lot, piece or parcel of Isnd, situate, lying, and being i~ the Counry of St . WCle ~ and Statc of Fbrida, desaibed as 4oltov~: Lot 5, Block 6, THtI:NB POINT, as per plat thereof on file in Plat Book 10, page ~9, of the Public Records of St. Lucie County, Florida, d C pA~};Eh"i ~F ?E~. ~ ~ 1!~ pi.0• ~13~ ~ Ft. ^jS ~~•.~y11- ~ 1:~ZA ' ~ •_~,1. ocu~r~c~~ n~ L U~R I t~ A ooL~~j j~ ~Sj~~,GC~E ~N J Z _ - 4~ ~ ~~uR ~ ~ ~ ~ - ~UG -8'72 ;r. i~`~'y`'~1 c - ~K ~1F,CU1 ~ ~~„G ~ U t~~T.tiF CE'E::~: ~~f ~ v O ' P.B. i4o~ ~2 _ 'This is a second mortgage, subject to a first mortyage executed by William ~ F. Sampson, et al to First Federal Savings and Loan Association of Fort Pierce dated Apri1 20, 1972 in the amount of $20,600.00 filed May 11, 1972 in O. R. Book 202, page 747. ~ togNher with all and singular the tenements, hereditaments and appurtances thereunto belonging w in anywiu appertsining thereto, and all renu, isaues, proceeds snd profits stcruing and to accrue from said p~emius, all of which are intluded in the above and fwegoirg dewiption and habendum. i TO HAVE AND TO HOLD the above described and granted premius unto the said MORTGAGEE, iti iuccessas snd assigns fwever. And the s~id ; their ; MORTGAGOR for heirs, executors, administrators and assigns, htreby covenants with the seid MOP.TGAGEE, it~ successas snd auigns, rhat - t h~-X at~-- lawfully seized of the said premises in fee simple; thst the same sre free, clear and dixharged from all liens and encunr branC!! in Iaw or in equity, and that they W;~~ a~d the ir heirs shall wsrrant and defend the title to the same to the said lV~ORTGAGEE, its s~rccessors and assigns, forever against tF~e iawful ctaims and demends of all ptrsau; PROVIDED, ALWAYS tFwt if the MORTGAGOR shall pey vnto the MORTGAGFE the promiuory note hereinbefore dewibed and shall truly, promptly ~n~ fully per(orm, d~xharge, execute, complete, comply wi~h and abide by each and every the stipulalion~, agreements, conditions and covenants of iaid promi~sory note and of this Mortgage, then this Mortgage and the Eatate hereby created shall cease and be ovll and voed. IT IS UNDERSTOOD that the word "Mwtga9w' whether in the s~~+gular or plural anywhere in tbis Mortgsge, shall be singulsr if w?e only and shall be plursl joinfly and severally if more than one, and that the word "theii' as used anywhere in this Mortgage shall be taken to mean "his;' "hers;' or "its;' wherever the context so ~mplies o? admits. Also, that wl~erever there is a reference in the covenants •nd agreemen~s herein contained to any of the pa?ties hereto, tfu same shall be construed ~o mean as well as the heirs, legal ?epreuntatives, successo?s and asi~gns (either volunlary by act of the parties or involuntary by opera~ion of the law) of the same and that the covenants herein contained thall bind and the benefits a~d advantsges inure ro tFx respective heirs, legal representatives, successws ancf asa'gns of the parties hereto. ~ ~ And said Mwtgsgors, fw sFKmsetves and the~r heirs, legal ~epresentatives, successors a~d assigns, hereby jointly and severally covenant and agree +o and with the said M.ORTGAGEE, its successors and assigns: 1. To pay all and singular the principal and inte~est and tF~e various and sundry sums of money payable by virtue of said promiswry note, and thif E mortgage, eath and every, promptly on the days respcKtively the same severally become due. 2. To pay sl( snd singolar the taaes, assessments, levies. liabel+ties, oNigations and enc~mbranca of every nature and kind now on ssid desuibed ! property, or that hereaf~er may be imposed, suffered, placed, levied, or assessed thereon, a that hereaftcK msy be levied p ss~essed upon this Mwty- age, w the indebted~eu secured hereby, exh snd every, when due ~nd payabie, xcading to bw, bcfwe they become delinquent, snd before any interest arraches or any penalty is incu«ed; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SFtALI BE PROMPTIY $ATISFIED AND UISGHARGED OF ~ RECORD AND THE ORIGINAI OFFICIAL DOCUMENi ISUCN AS, FOR INSIANCE, THE TAX RECEIPT OR THE SATISFACiiON PAPER OFfIC1AltY EfVDORSEO f OR GERTIfIED) SHAtt BE PlACEO IN THE HANDS OF SAID MORTGAGEE W17HIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not ~ pa~d, saYsfied and dischar ed sa:d MORTGAGEE ma at an t~me g y y pay the same w ar.y part thereof without waivirg w aifectirg any option, lien, eqvity or •~Aht ~nder or by virtue of this morrgage and the full amov~t of each and every such payme~t shall be ~mmed~atety due and payable and shsll bear interest <<om the date thereof until paid a? :ate of n~ne per centvm per annum and togtther w~th such interest shall be secured by the lien of th's morgtsge. l '7~ ~Lll11~ `~,p e ~ - - - (i - 2 ~r~' ~ . 1 ,~ys "~~r ~ ~ f~a ~ ~ ~~,~;~!-ad~r~'-~.~~,s~~. ,,^-x- ~