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HomeMy WebLinkAbout2343 2~102~ 27th d, OCLOb@Z A.D. 19 ~2 ben~.eo THIS INDENTURE. Msde the y of Lewis M Zasino Sz. a/k/a Louis M Zaring, Sz and Reba Zasina, his wife of St . ~+~1C 1@ County Fiw~da, hereinafter ilesigna~ed as the "MORTGAGOR;' snd FIRST FEDERAI SAVINGS 4ND IOAN ASSOCIATION OF iORT PIERCE, s corpwation agsnized and existing .unda the laws of the United Statas of America and hsvinp its princip+l place of busineu in the City of For1 Piacs, St. Lucie County, Flaida, herei~after dei~nated at 1he "MORTGAGEE: ' WHEREAS the MORTGAGOR is ju~tly indebted to the MORTGAGEE in the sum of i9 • 1~• ~ good and lawfut money of the U~ited States advanced by the MORTGAGEE unto the MORTGAGOR, as evideoced 4y a ce~ta~n promiasory no~e of evr.n date he~ewith, of wh~ch the following in word~ and figures is a trus copy, to-wit: ;9 .100. 00 r,~,1OQ18991 Fort Pierce, Florids, Octobe r 27 19 7Z Fa value received, 1, we o? either of us, prom~se to pay, w~thout defalcation, to the order of FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION Of FORT PIERCE at Fort Pierce, Florida, the sum of s 9~1~.~ with interesr (rom date at the rate of 7•7~ per annum, in monthly Install- ~nents as fo~lows: ; 75• O0 on the 1 St day of ~ce~ber ~q 72 and a like sum on the correspondinp day of eacl~ month therr after until the whole be fully paid. ~ Each installment firsl shall be applied in payment of the interest and then on the unpaid balance of the p~inc~pal sum. If d ault is made in ths 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 remaini~g installments shall be due and payable at once. P?ivilege is given to prepay this note in whole or in part at any time without penalty. Neither iwebearatxe, nor acceptance by the holder the~eof after any default in any payments hereon, ahall be deemed extension. !a late payment charge of = 3• 75 sh~ll be added to each installment remaining ~npaid 7 days after its due date, a?~d a like sum shall be added to each such installment rtmaining unpaid 7 days affer each succeeding payment date. Each maker, surety and endorser hereof, jointly and severally, waives demand, p~esentment protest and notice oi protest fa nonpaymen4 snd further agrees to any eztension of time of payment, either before w after maturity, without notice to any of us; and to pay all costs of toflection, including a reasonable attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under the tonstifutan and laws of eac7~ State ot the linited States, as against this obl~gation w any eztensio~ or renewal hereof. Witness the hand and seal of each party. S/ Lernis M. Zarin9, Sr ~ ~AU a/k/a Louis M. Zaring, Sr. ~q S/ Reba Zar ino (sewi~ (s~+u ~ ,S13.65 ) Stste Rev~nue fSbmP3a~dIR~OCrii~lA~ ~ NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sup~ of S 9~ 1~.~ and the pe?forrnance of the covenants and agreements hereinafter expreued, and for divers good and valusble con:iderations, by these p~esents, doea grant, bargsin, sell, remise, release, convey and confirm unto the MORTGAGEE, its tuccessors and auigns, all that certain fot, piece or partel of land, situa:e, lyin9, and kxing in the tounty of St. WCie and State of Fb~ids, desuibed +s follows: The Bast of Lot 8, all of Lot 9, and the West 15 feet of Lot 10, and th¢ West 15 feet of Lots 14, 15~ 16 and 17, Block 1, COLLINS PARK SUBDIVISION, according to a plat thereof recorded in Plat Book 5, at page 37, of the Public Records of St. Lucie County, Rlorida, said property also described as: Fron the intersection of the South side of State Road ~~12 (Midway Road) with west side of Wallace Street as shoam on RBPLA'T OF PALM GARDENS, a subdivision in Section 3, Top?nship 36 South, Rang~ 40 Bast, the official plat of which is recorded in Plat Book 12, page 42, Public Records of St. Lucie County, Florida, run Westezly along the South line of said State Road #~~12 a distance of 174.86 feet to a point of beginning; thence run South 262.22 feet, i thence run West 75 feet~ thence run North 214.50 feet, thence run ( Basterly along the said South line of State Road M712 a distance oi ~ 88.70 feet to the point of beginning,? ~ ~ ~ s° STA E~F F L O R I D A~ IN PAYMENi OF TRXES ~ ~z O O t U M E N t A R Y S T A M P i~>. ~ p~ p~{ I~ S S ~ C' I H 7N?G181E PERSOtL1l FNOPER(Y~ ~ °c-~ °O DEP1. Of REYENtlE ~ ' ~~j jp CFtAPTER 71•13~. ACTS OF ly~~" fj1 ~ ~ C ROGER POIiRAS n o' pa = w:i 3i"12 : ~~7 ~ ~IRCUIT GOURT, ST. WCIE CO., FlA ~ ~ 111;!2 ~ 0 together with all and singulsr the tenemcnts, hereditsments and sppurtances thereunto belonging a in anywise appert+i~ing lhereto. snd all rents, iuues, proceeds and profits accruirg and to accrue from said premixs, sll of which are includeJ in the above and foregang descriptwn +nd hsbendum- TO HAVE AND TO HOtD fhe above desuibed and granted premises unfo the said AAORTGAGEE, ib successors and assiyru forever. Md tM ssid MORTGAGOR for - the 1= he~rs, e:ecutors, administrators and assigns, hereby covenanq with the said MORTGAGEE, in wcceuors and saipra, ~hat t he VT a1 e_ ~awfutly seized of the said prcmises in fee simple; thaf the same ~re free, clear and dixMrged from ~II licna aod ~ncum- ~ brances in law or in equity, and that they W~~~ a~ t~lr hein shall warrant~and defend ths titk to the umt to th~ sald ~ MORTGAGEE, its suctessors snd assigns, faever against the lawfut claims and demands of ~II persons; PROVIDED, AIWAYS that if the MORTGAGOR shall p~y uMO the MORTGAGEE the promiuory note hereinbefore dewibed and sMll truly, promptly ~ and fully pe?form, discl~arge, execute, canplcte, comply with and abide by each and every the stipulations, agreements, conditions and tovenantt of said ~ promiuory rots and of this Mwtgsge, then thii Mortgage and the Estate hereby aeated ihall cease and be null and void. ~ IT IS UNDERSTOOD that the wwd "Mortgsgoi' wF~ether in the singular or plural anywhere in this 1Nortgage, shsll be ~inpvlsr if one only ~nd shall be plural joinfly and severally if more than one, and that tF~e wad "their" ~s used anywhere in this Mortgage thall be taken to mean "his;' "hen;' ~ y~ or "its;' wherever the context w impliei or admits. Also, that wherever there is s reference in the covenanb and agreements herein contained to any of rhe pa?ties hereto, the same shall be consrrued to mean as well ss the hei?s, legsl representstives, s~ccessws and assigns (either volunury by act of the ~ parties or involuntary by ope~at'an of the laar) of the same snd that the covenants herein conuined shail bind snd the benefiri ud advantayes inut~ to the respective heirs, legal repreuntatives, succeuws and su'gns of the parties hereto. And said Mortgsgors, fw themselves and their hein, Icgsl representstives, tuccessors and assigns, hereby jointly and wvaally coverunt ~nd apree ~ to and with the said MORTGAGEE, its successws and assigns: ~ 1. To psy alt and tingular the principal and interest and the vsrious snd sundry sums of mor?ey p~yable by virtue of said promissory note, and this mortgage, each ~nd every, prompHy or? the days respectively the same severally become d~e. 2. To p+y +II +nd singula~ the taxes, assessments, {evies, liabilities, obligstions and encumbrances of every nsture and kind now on seid desuibsd property, or that hereafter may be impo~ed, suffered, plated, levied, or auessed thereo~, w that hereafter may be levied w~isessed upon this Mort¢ age, or the indebtedness secured hereby, exh and every, when due and psysble, accordirg to law, before they become delinqueM, ~nd bsfwe any int~rest attaches w any penalty is incurred; AND INSOfAR AS ANV THEREOF IS OF RKORD THE SAME SHAII SE PROMPiIY SATISFIED AND DISCHARCsED OF RECORO AND THE ORIGINAI OFFICIAL DOCUMENT (SUCM AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION VAPER OFFICIAIIY ENDORSED OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that sny thereof is noi paid, sat'sfied and discharged sa:d MORTGAGEE may at any time pay the same or any p~rt thereof without waiving w sffecting any option, IiM, eq~ity M •iqht unde~ or by virtue of this mortgage and the full amount of each and every such payment ~hall be immediately due and payable and shall bear interest i.om the date thereof until psid at rate of nine per centum per annum and together w~th s~th interest shall,be,se r the lien of th:s motytaye. . eooK~~~ ~nc~2342 ~ ~ _ , ~ ~ - - :