The URL can be used to link to this page

Home My WebLink About1025 z~oo~~ b , 6th October A.p. 19 72 ~tW~ THIS INDENTURE. Madt the day of Almerindo G. Portfolio .and Claixe Po~tfolio, his wife_ . of $t. 1'uCie ~ounty Flw~da, hereinafte~ deig~ated as the "MORTGAGOR;' and fIRST FEDERAL SAVINGS AND LOAN - ASSOCIATION OF FORT PIERCE, a mrpwation organized and ex~~ting under the Iaws of the Un~ted Stat~s of America and havinp iri princip+l P~sce oi business in ths City of Fort Pierce, St. lucie County, Florids, hereinafter designated as 1hs "MORTGAGEE:' WHEREAS the MORTGAGOR is j~itiy indebted to the MORTGAGEE in lt?~sum of S 44 ~~0. 0~ good and lawful money of the Un~ted States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promissory note of even da~e herewith, of wh~ch ths following in words and (igures is a true copy, to-wit: z 44,OQ0.00 ~ 10018899 fo?t Pierce, Flaids, OCtObeZ 6 19_~_ Fa value received, I, we w either of us, promise to psy, without defalcation, to the order of FIRSi FEDERAL SAVINGS AND IOAN ASSUCfAifVIV UF ` FORT PIERCE at Fort Pierce, Flo~ida, the sum o( S ~ aO00• 0O w;th interest (rom date at the rate of p~? annum, in montt.ly install- rnenlS at f01!Ow3: S 326. o~ 1he 1St day of February 19 73 and a like sum on the caresponding day of each month therr t- afrer until the whole be fully paid. Each ;nstallment first shall be applied in payment of tfie inte~est and then on the unpaid balance of the prinupa) sum. If d ault is msdt in 1he payment of any installment when due, and such default continues 30 days, then at thc option of 1hGbo1Q'e?-~wd.+rithout a~y other ~otice, all the ~emaining ~ ~nstallments shall be due and payable at once. Privilege is given to prepay this note in whole or in part at any time without penalty. Neither forebNrance, ? ~ nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A late paymeM charge of 5~-~-, shall be ~ added to each installment remaining unpaid 7 days after its due date, +nd a like sum shall be added to each such installment remaining unpaid 7 days ~fter ~ each svcceeding payment date. • Each maker, surety and endaser hereof, jointly and severally, waives demand, presentment p~otest and notice of protest fot nonpayment, and further ` agrees to any extension of time of paymenf, either before w after maturity, without notice to any of us; and to pay all costs of collection, includ~~g a reasonable attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and eaemption under the constitutan ~ and laws of each State of 1he United States, as against this obligation w any exte~sKm or ~enewal hereof. ~ Witness the hand and seal of each party. s/ Almerindo G. Portfolio ~Ay . , . . . _ , ~SEAI) ~ s/ Claire Portfolio ~~t~ (sEau , ~ S66.00 ) State Revenue - (Stampa. csaul{ed v4 a+a+aalsotal ~ NOW, THEREFORE, the MORTGAGOR for the purpose of securirg payment of said sum of S 44 , 000• ~ and the performsrxe of the covenants and agrcements hereinafter expressed, and fw divers good a~d valuable considerations, by theu presents, does grant, bar9ain, sell, ~emise, release, convey snd confirm unto the MORTGAGEE, its successors and assigns, all that cenain tof, piece or parcel of I~~d, situate, lying, and being in the County of St . 1.uC le and State of Fbrida, dewibed as follows: Lot j, tslocK l iy, of ~uuii-i ?vic? Si. i:ui.Ifi, uivii ii, as per plat thereof on file in Plat Book 16, Page 21, of the Public Reco~ds of St. Lucie County, Florida ~ A ~ ' RIDn? 1 ` ~ ~ ~jT'A` ENjpR S,O--AM~ j 1 ~ ¢ ~O~vf- T • ~ , QZ DfPS. Of REVENJ T, ~ S Q~ O O I N _ ~ ~t,I 1: :T~~;~~,1 v ' ~ p f/ o = P.B.~ ~ RECEi~TD ~1L~~IN P4Y~qEHT OF TAKE3 = ifin, o DiIE U~i ~tA?S 'C IHiANGIBLE PEiiS:?K.': PRO?ER~r, p PllRSWINT TO CHAPTER 71-134. ACTS Of lyil%X~ ~ ROGER POITRAS CIFRK CIRCU(T COURT, ST. WCIf C0. fUl rogether w~th all and singula~ the tenements, hered~uments snd appurtances thereunto belo~ging w in ~nyw~se apperta~nirg iherefo, and ~II re~ts, iuues, proceedi snd profits accruirg snd to accrue from said premises, all of which are intluded in the ~bove ar+d fwegarg desuiption snd habendwn. TO HAVE AND TO HOLD the above desu~bed and gr~nted premises unto the said AhORTGAGEE, its s~aeuon and suipns forever. Md tM said MORTGAGOR for thelt ~~rs, executws, adm~nistrators and assigns, hereby covenants with tFx said MORTGAGEE, its s~xcessors ~nd assigru. rhat -~~~3t-~Q--- Iawfully sei:ed of the ssid premises in fee ~imple; that the same +re fres, cka~ and d'achsryed from all liens and e~curo- brances in law w in equity, a++d that they will and their hein shsll warrant and defend the title fo the sams fo th~ said h10RTGAGEE, its sutceuws and assigns, fwever againsl the lawful claims and demands of all persoru; PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORT('aAGEE the promistory note hercinbefore described and thall truty, promptly ~ and fully perform, dixha'rge, execute, canplete, comply with snd sbide by each ~nd every the stipulations, ~yreements, conditions ~nd covenanb of said ~ promissory note •nd of this Mortgage, then this Mortgage and the Esute hereby veated shall cease and be null and void. IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular w plural anywhere in this Mortgag~, ~hall be sinyular if one only e?~d ~ shall be plural joiMly and severally if more than one, snd thst the wwd "their" as used anywhere io this Matgage thall be taken to mean "his;' "hers;' or "its," wherever the context w implies or admits. Also, that wherever there is a reference in 1F?e covenants ~nd sgraements F~erein contained to ~ny of ~ the parties hereto, the tame shsll be construed to mean ai well ai the heirs, legal representstive~, svccessws ~nd assi~ns (either voluntary by act of the parties or involuntary by ope~aYwn of the Iaw) of the s~me and that the covenants herein contained thall bi~d s~d the benefin and advantspes inur~ to the respective heirs, legal representatives, successon and su~gns of the parties hereto. And ssid 14M1ortgsgors, fa themselres a~d their heirs, legal representativd, iuccessort and auigns, hereby jointly a~d severally covenant a~d apree ro snd with the said MORiGAGEE, its successors and auigr?s: ~ 1. To pay all and tinpular the principal and interest and the v+rious and iundry sums of maroy psyable by virtue of uid promiuory note, ~nd thi~ mortgage, each •nd every, promptly on the days respectively the seme severally become due. ~ 2. To pay sll and singulu fhe taxes, ~uessments, levies, liabitities, oblgations and enc~mbrances of every nature and kind now on said d~wibed property, a that hereafter may be imposed, iuffaed, placed, levied, or ss?essed thereon, w tMt hereafter may be levied or suessed upon this Mort~- age, w the indebtedneu sewred hereby, esch and every, when d~e anA payable, accordirq to law, beiwe they becoms delinq~eM, and before any iM~rest attaches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROMPTIY SATISfIEO AND OISCNARGED OF RECORD AND THE ORIGINAL OFfIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPi OR THE SATISFACTION PAPER OFFICIALIY ENDORSE~ OR CERTIfIED) SHAII BE PLACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not paid, sat'sfied and diuharged sa;d MORTGAGEE may at any time pay 1he same or any p~rt thereof without wsiving a affeding s~y optan, lien, equity a •ipht under w by virtue of this mortgage and the full amount of each and every such payment shall be immediately due and payabk and thall besr interest Erom the date thereof until psid at rate of nine per centum per annum and together ~it~ s est shal s~ by the lien of th:s morgts~e. ELUK ~ ~At~i