The URL can be used to link to this page

Home My WebLink About0040 .'~r~y.~C~+ ~ ~ ~G?t~ I a~a~V . • THIS INOENTURE, AMds the 7th day of Augdst _ A.D. 19_72.., between Peter G. Vella and Margaret C. Vella,~ wife of $t. LL1Cie County Florida, he~ei~aftar des~gnared as the "MORTGAGOR;' a~d FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a cwporat~on wg~nized and existing under the laws of Ihe Uni~ed St+to~ of America and MvJrg its principal {~lace of businea in tM City of Fort Piercs, St. lucie County. Fbrida, he~einaftsr despnated as tM "MORTGAGEE:' WHEREAS the MORTGAGOR is juitly indebted to tM MORTGAGEE in the sum of s 13 , good ~nd lawiul money of the United States advanced by the MORTGAGEE unto the MOR~GAGOR, as evidenced by a certai~ promiuwy note of even date herewith, of wh~ch the iollowing in words and figures is a inre copy, to-wiL• = 13 500.00 ~ 3-18,643 - Fort Pierce, Flwida. AuQll3 L 7 s. 19~_ for vatue received, 1, we w either of us, promiu to pay, wilhout defatcation, to the order of FtRST fEDERAt SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fwt Pierce, Fbrida, thc sum of S 13 + ~ w;th interest irom date at the rate of per annum, in monthly insta~l- ments as follows: = 100•~ on the iSt day of _~Ce~ber , 19 ~Z a~d a like sum a? the correspond~ng day of each month therr ~ afrer uNil the whota be futly paid. Each insnllmenr first :hall be applied in payment of the interest and then o~ the unpaid balance of the princ~pal sum. If d ault is mads in the payment of any installment when due, and such default continues 30 days, then at the option of the holder, and without any other notice, atl the remsi~ing ~nstallments shall be due and payabfe at o~ce. Privitege is giveo to prepay this note in whole or i~ part a! any time without penalty. Neither forebearance, nor acccptance by the holder thereof after any default in any paymenls hereon, shall be deemed extension. A late payment charge of Z 5•~, shall be " added to each instaltment remaining unpa~d 7 days after its due date, and a like sum shall be added to each such installment remaining unpaid 7 days after each succeeding payment date. Each maker, surety and endorser hereot, jointly and severally, waives demand, p~esentment protesf and notice of protest fo~. nonpayment, and further ~ agrees to any extension of t~me of payment, eithe? belore or after maturity, without notice to any of us; and to pay all costs of collection, incl~ding a reasonable attorney's fee in the event of any default hereunder, and hereby severally waives alt benefit of homestead and exemption under ihe constitution and laws of each State of the United Sfates, as against this obligation w any eatension or renewal hereof. ~ Witness the hand and seal of each party, ~ - S/Peter G. Vella • ~ (SEAI) (~eaU - S/Margaret C. Vella ~ ~`20.25 ) Stete Revenue ~U ~ NOW, THFREFORE, the MORTGAGOR for the purpose of securing psymem of uid sum of S 13 ~ 5~ , and the performanca of t}~e ~ covenants and agreements he~einafter expressed, and for dive~s good and valuable considerations, by these presents, doei grant, bargain, iell, ~emise, release, convey and confir.-n unto the MORTGAGEE, its successors a~d assigns, all that cerain lot, piece or parcel of Iand, situate, lying, and being in ths Counry of - St . Z.LICl@ , and State of Fb?ida, descri6ed as follows: Lot 22 of Block 139 of LAKEWOOD PARK SiBDIYISION iNIT 11, as ~ per. plat thereof on file in Plat Book 11, pages 32 A, B, C& •D, of the Public Records of St. Lucie County, Florida. W STATE ~F FLORII~A t,~ ~ DQCUMEN7Ao" STbMP TAX.• : J ~ - ~p~l~~ t'd~~°~q q _ D~~~ ;-~4'Zi ~ U = - L 0 4 S=' pU ~S ~ INTA1~tGIB1E' fPAYM~ pF TA1(FS oE~T.QF Q[iIERK_`~.~...~ - ~JAl1T TO CHAp;E4 7.~ PRO P.B.wo~~z i•sa. acrs oF 29ti~. aERK ~64 A~IIRAS . C~Rqllt COUR7. S f. L~~ ~y ~ together with all end singular the renemeM~, heredifaments snd ~ppurtances thereumo belonging w in a~ywise appeAaininy thereto, and ~II ~ents, iuues, ' prxeeds and profits sccruing and fo accrue from said prem"~ses, all of which are inclvded in the above and foreyoinp dewiplion ~nd F~aber?dum. TO HAVE AND TO HOtD the above desvibed and gnnted premises unto the said MORTGAGEE, its s~rccessors and ~uigns forever. Md flw said their MORTGAGOR for heirs, executon, administratora and assigns, hereby covenants with tl+a said MORTGAGEE, i» succes~ors and issipra, the are > x;:~d of +F?e said rhat y premises in fee simple: th~t the same a~e frse, clear and disch~ryed fran ~II liens and encu~ brarxes in law o~ in equity, and that they W~~~ a~ thei r ~~~a sha~~ w~rrant ar?d de(end the title to fhe same fo ths said MORTGAGEE, its successws and assigns, forever against the lawful claims a~d demands of sll persons; PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promisto~y note he?einbefwe dewi6ed ~nd shall truly, promptty and fully perform, d~uharge, execute, complete, comply wirh ~nd abide by exh and every the stipuktions, agrcements, tonditions and tovenanb of said promissory note and of thia Mortgage, then this Matgage and the Estate hereby created shsll casse and be ~ull and void. IT IS UNDERSTOOD that the word "Mwtgsgor" whether in the singular w plursl anywhere in this Mwtgage, shsll be sinyular if one only ~nd shall be plural joi~tly end severally if more than one, and that tf?e wad "their"' at v~cd anywlxre in fhis Mortgsge shall be taken to mean "F~is;' "hen," or "its;' wheaeve~ the context so implies w admits. Also, that wherever there i~ ~ referente in the covenants and a9reemenri he~ei~ contained to aMr of rhe parties hereto, the same :hall be constrved to mean ss well ss the heiri, (ey~l repreuntetives, iuccessors and suigns (eitixr vol~ntary by ut of th~ panies or invotuMary by opera~an of the law) of the same and thsi the covensnts F~erein tontairxd shall bind and the benefits end advantayes irwre ~ ro 1he respective heirs, legal reprexotstives, succasas snd au~gns of the panies Ixroto. And said Mortgago?s, fw themselves and thei? heirs, legal reprexntativet, auccessors ~nd auigns, hereby jointly and severally covensnt snd a~ree to snd with the ssid MORTGAGEE, its ~uccessors and +ssigns: , 1. To pay all arxl :ingvlar tht principal and intaest and rhe various and sundry wms of money pay~ble by virtue of ssid promissory note, and this mortgage, e+ch and every, promptly on the days respectively the same uve~ally bccwne due.` 2. To pay all and singular the taxes, assessment:, tevies, liabilit~es, oblg~tiau and encumbrances of every n~twe and kind now on said described property, -or thst hereaf;er may be imposed, iufferod. Placed, levied, or assessed tF~ereoo, a thst hereafter may bs levied a eisessed vpon this MonQ- age, or the indebtedneis sec~red hereby, esch and every, whm due'snd pay~ble, aaording to law, before they become delinquent, and befwe any imer~st attaches w any penalty is incurred;-AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL BE PROMPTLY SATISf1ED AND ~ISCHARGED OF RECORD AIVD THE ORIGINAI OFFIt1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFAGTlON PMER OFfIC1AllY ENDORSED OR CERTIFIED) SHAII BE PtACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is rwt paid, saYsfied and discharged sa:d MORTGAGEE may at any time pay fhe same or any pan the?epf without waiving w affetting sny option, lien, equity or •~aht under w by virtue of this mortgage and the futl amount of each and every s~ch psyment shall be immediately dve and payable +nd shall besr interest <<om the date thereof until paid at rate of nine per centum per a~num and together w~t s shsll be sacured by the lien of th:s mor9tsqe. - ~ ~ a 40 ~ _ : : _ ~~x ~ - - _ _ _ . , -