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HomeMy WebLinkAbout2331 241021 ~ . t THIS INDENTURE, Made the 27tb ds of ~t~~r A.D. 19 betwee~ John C. Zane~ti and Kathleen V. Zanetti, his xife, of ~t• T,11C~A County Flw~da, hereinaf~er designa~ed as 1he "MORTGAGOR;' and FIQS'~ FEDERAI SAVING~S. AND LOAN ASSOCIATION Of fORT PIERCE, i corporation wgani:ed and exis~iny under ~he laws of the United Satas of Americ~ and havinp iri pri~lcipal pl~cs of business in Ih~ City of Fort Piarce, St. tucie County, flwid~, hereinafter desi9nated ~i tFa "MORTGAGEE:' WHEREAS the MORTGAGOR is juitly indebted to the MORTGAGEE in the sum of S~•1~•~ good and lawfui money of the Un~ted Statei advanced by the MORTGAGEE unto the MORTGAGOR. as evidenced by a certain promiuory nole of even date herewith, of which the followinp in w«ds and figures is a trve copy, to-wit: ' :~.~:100.00 10018994 Fort Pierte. florida. ~tO~Ar 2T • 19_!= Fw value ~eceived, I, we or either of us, promise to pay, without defalcation, to the order of FIRST fEDERAI SA.~VIN~GS AND LOAN ASSOCIATION OF j FORT PIERCE at Fort Pierce, Flwida, the sum of =~~-1~~~ with interest from date at the rate of ~!Z°io per annum, in monthly imtall- rr~ents as follows: S 267 on the 18t day of ~C816~18 r , 19J ~ and a like sum on the corresponding day of each month therr after umil the whole be fully paid. Each instailment first shall be applied in payment of the interest a~d the~ cn the unpaid balance of the p.inctpal ium. If d sult is msde in the Fayment of any installment when due, and such default continues 30 days, then at the opt~on of the holder, and without any other not~ce, all the remaining ~ns~allments shatl be due and payable at once. Privilege i~ given to prepay this rate in whole or in part at a~y time without penalty. Neither fuebearance, nor acceptance by the holder ti~reof after any default in any payments hereon, shall be deemed ezten;ion. A late payme~t tharge of ~ shd~ be added to each installment remaining unpaid 7 days after its due date, and a like sum shall be added to each such instailment remaining unpaid 7 days after each sucteeding payment date. Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment p~otest and notice of protest for nonpaymenf, and further agrees to any extension of time of payment, either before w after maturity, without rwtice to any of us; and to pay all costs of collection, induding a reasorwble attorney'a fee in the event oi any defaull hereunder, and hereby severally waives all benefit of homestead and exemption ~nder the constitut'an and law: of each State of the United States, as against this obligation w any ex~ension or renewal hereof. Witness the hand and seal of each party. S/ John C. Zanetti ~Aq cs~?u S Rath een V. e t ~~U 6 cs~Au 5 , State Revenue C.~s~np~'~entell~ed~'d'~9~mt ~ar~- NOW, iHEREFORE, the MORTGAGOR for the purpox of seturing payment of said sum of = 33,100~~ and the performance of the covena~ts and agreement~ hereinafter expressed, and fw divers good and vsluable ca?siderations, by these presems, does grant, baryain, ull, remiss, release, convey and confirm unto the MORTGAGEE, its tuccessors and assigni, all that certain bt, piece u parcel of I~nd, situate, lying, end being in the County of $t. ~1CiA and Sute of Florid~, described ~i follows: The East I.~ feet of I.ot 6, all of Lot 7, and the `+test 11.5 feet of Lot 8, AAHILTON ACRE.S, a R,esubdivisian of Lot 29, NNRAVILLA GARDENS, [TNIT ONE, according to the plat thereof recorded in Plat Book llt, page 6, of the Public Rscords of St. Iucie Caunty, Florida, v i ~ 1 ~ OOCUMfN AT RY,~-~ ~T~AMPD~ I c" CO UEVT.OF REYENUE • - ~ - - ` 4 9. 6 5 i - IN /JIYMENI6~ 1AXFS ~ = t_a = uct ~t-n • • ~ tt~oEt~ ~ DUE ON qASS'C INTAN816tF PERSONAL PROPERtY; pURSt1AlIT TO CWWTER 71•13+, AL'f~i 6F 1911: ~ ~ IIOCEA ~t1fiA~ ~l~ ; ~ Cl~ C~~Mf COIJRI. ~T. ~iE 6B; FtA i togethe~ with all snd singular .the tenements, hereditaments and sppurtsnces thereunto belonging or in anywise appertaining thereto, ~nd all renb, iu~es, proceeds and profits acuuing and to accrue from said prcmises, ~II of which xe irxluded in the above +nd foreyoing dewiption ~nd habendvm. TO HAVE AND TO HOLD the above dewibed and gnnted premises unto tF+e said MORTGAGEE, its successors and aui~ns fwever. Md tFw sdd their MORTGA R for heirs, executws, administratwi and assi9ns, hereby covensnts with the said MORTGAGEE, it~ wtcessws ~nd assipro, rhar ~t'~y 8~-- lawfully seized of the said premises in fee simple; that the ssme are free, ckar and dischar9ed from all liens and ~m~ brances in law or in equity, and that t'~y will ar+d ~e~ heirs shall wsrrant end defend tM title to the urtw to tM said MORTGACaEE, its successo~s and asigns, forever agsinst the lawful cleims and demands of all perso~s; 1 ~ PROVIDED, ALWAYS that if the MORTGAGOR sh~ll pay umo the MORTGAGEE the promissory note hereinbefor~ described ~nd ihall fruly, promptly 4 " and fully perfwm, dixMrge, execute, complete, comply with and abide by exh and evtryr the itipulations, ~greemenn, conditions and covenanri of said ~ ~ promissory note and of this Mortgage, thcn this Mortgsge and the Estate hereby neated shall ce~se and bt nvl) and void. IT IS UNDERSTOOD that the wad "Mortgagor" whether in the singular a pf~ral ~nywhere in this N4ortgage, ~hall be sinpular if on~ only ~nd shall be plural jointly and scvenlly if more than one, and that the word "~heir' ss vsed anywhere i~ this Mortp~ge shall be tsken to me+n "hif;' "hen;' ~ ur "iri;' wherever the context w implies or sdmits. Also, that wherever there is a reference in the covensnts and +greements herein containsd to any of ~ the psMies hereto, the ssme shall be construed to mes~ as well a: the heirs, legal ~tprex~t~tives, successon and auigns (either voluntary by act of th~ ; panies w involuntary by operation of the I~w) of the same and that the cover?ants he~ein contained shsll bind .nd rF~e benefin and +dv~ntayp inun = ro the respective heirs, legal representatives, successors and au~g~s of the psrties hereto. ~ And said 1Kwtgsgon, fa themselves and their heirs, legal representatives, successon and auigns, hereby jointly and ieverally covenant ~nd a9ree to and with tM said MORTGAGEE, its successors and assigns: 1. To pay a~l and singular thc principsl and interest and the various and sundry wms of money payable by virtve of said p?omissory note, and thi~ mortgsge, e~ch end every, promptly on the days respectively the isme severally become due. 2. To p+y all ~~d singulu the tsxes, asiessments, levies, li~bilities, obligations and encwnbsnces of wery nature ~nd kind now on iaid desuibed property, p that hereafter may be impwed, suffered, plated, levied, w ~sseued therewo, or that here~fter may be lev'~ed a assesaed upon thb Mwt¢ age, w the indebtedneu secured hereby, escl~ and every, when due and payable, xcording to law, befw~ they become delinque~t, and befw~ ~ny interesf attaches or any penalty is incurred; ANO INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHALL BE PROMPTLY SATISf1E0 AND DISCHARGE~ Of REGORD ANO THE ORIGtNAI OFFICtAI OOCUMENT (SUCH A5, FOR INS?ANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFfIC1AllY ENDORSED OR CERTIFIEO) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFiER PAYMENT; snd in the eve~t th~t any thereof is not paid, sat'sfied and discharged sa:d MORTGAGEE may at a~y time pay the same w any part thereof without wsiving w sffecting a~y option, lien, equity a •~aht under or by virtue of this mortgsge and the full smou~t of each and every such payment shsll be immediately due and paysbk and shall bear interest ~ irom the date thereof until psid at rate of nine per centum per annum and together with such~i~~t~~ s:c~ur,te~en of th:s morgtpe. rRVL ' f > ~ _ ~ J`- F ~,~i. 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