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Home My WebLink About2410 ~ , V ~ 241~'72 THIS INOfNTURf, Mads the 27th dsy of OCtOb@! A.D. 19 72- between Joe M. Alvasez an C a M. Alvarez, h s w ~ of $t• i'UCie County Florids, hereinafte~ detignated ai the "MORTGAGOR;' •nd FIRST FEDERAI SAVINGS ANO tOAN ASSOCIATION OF FORT PIERCE, a rn~paation aq~nized and existing unde~ the laws of eh~ United Stat~s of Amerita ~nd Mvinp its principal plate of businsu in tM City of Fort Pierce, St. lutie Countyti Florida, FKreinaft~r d~iiyn~~sd ss tl+~ "MORTGAGEE." WHEREAS the MORTGAGOR is juitly indcbted to the MORTGAGEE in the sum of =~9,f~~• ~ good a~d Iswf~l money of the United Srates advanced by ?he MORTGAGEE unto the MORiGAGOR, as evidenced by s certai~ promiuory note of even dafe herewitM~, of which the followiny in wo:d~ and figwes is a vus copy, towit: . s 19~600.00 No- i~?418.~ ~ Fo?t Pierce, Flo~ids, October 2'1 ~q~_ Fw value received, 1, we a either of us, promiu to pay, withou~ defalcation, to the order of FIRST FEDERAI SAVWGS AND IOAN ASSOCIATION OF ~ FORT PIERCE at fort Pierce, Flwids, 1Fx sum of = 19~~0~~ with interest irom date at the rste of per anrtum, in monthly instalb v ments as follows: S 1'45~~ o~ the i8t day of ~r~ , 19 73 and a like sum on the cwres ~ da of each mo~th there- P~~^9 Y ~ afte~ until the whole be fully paid. ~ Each installment first shall be applied in payment of the interest and then on the unpaid balance of the prinNpal sum. If d aulf ia made in fhe ~ payment of any installment when due, and such defa~lt continues 30 days, then at the option of the holde~, and without any ot1e~~ notice, all the remaining ~~~srallme~ts shail be due and payable at oMe. Privilege is given to prepay this note in wFale or in part at any fime without penalty. Neither forebea~ance, ~ nor atteptnnce by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payment tharge of ~s~_, shall be ~ added to each installment remaining uopaid .7 days after its due da~e, and a like sum shall be added to each such instailment remaining unpaid 7 day~ after each succeeding paymenr date. ~ Each make~, sure?y and endorser hercof, joinfly and severally, waives demand, p?esentment protest and notice of protest for nonpayment, and further ~ agrees to a~y extension of time of payment, either before or after maturity, without not~ce to any of us; and to pay att costs of collection, inclvding a ~ reasonabte attorney's fee in 1he event of any default hereunder, artd he?eby seve?aUy waives all benefit of homestead and exemption under the constitutan and i~r.~s of each State of the Uniled States, as against this oblig~tion or any extenseon or ~enewal hcreof. ~ Witness the hand and seal of each party. ~ s/ Joe M. AZvaYez ~y c~?u t s/ Clvda M. Alvarez ~A~~ $29.40 ~ ' ( ~ State Revenue ~ (Siaa'arcaqc~llrLon.it'y'~~hl 19 600 00 NOW, 7HEREFORE, the MORiGAGOR iw the purpose of stcvring paymenr of said sum of S ~ • , ~nd the performsnce of the . covenants and agreements hereinafter expressed, and for d~vers good and vsluable considerations, by these presents, does grant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE, its successors +nd auigns, alI that certain fot, piece or parcel of land, situate, lying, ar+d being in fhs Couny of $t• Lueie sr~-Si"ste of flwida, dexribed as Follows: ~ I.~t 15, Block 192, Port St. Lucie, Section 4, as per plat thezeof on file in Plat Book 12, Page 14, of the Public RecoYds of St. Lucie Caunty, Rlorida ; _ STATE oF F~,,.O R t[~ A ~ oi ~ DO__ CUMENIARY .-.,.:k S~AMP lr, ~ ~ECdYEp ~ y-' N DEPT. OF f~Et~fHUE ON ~ ~ 1 ~ CU1SS M P o = ~.~tr ~ ~ ~ 'C IMl~I pF~ ~ T ~ o = ~ . ~2 . ~ ~ Z ~ 0 ~ ~ ~TER ll~~~ ~OPER~ ~ ~ ~ ~ Il7~~~~i~ , _ 00+ q~ i i ; together with all and singular ti~e tenements, hereditaments snd sppurt~nces thereunto belongirg or in anywise sppe?tsining thereto, and all renb, issves, proceeds and profits acauing and to accrue from said premises, all of which are inctuded in the ~bove and foreyoing description a~d habendum. ; TO HAVE AND TO HOID the ~bove desuibed and grsnted premises unto tAe s~id MORTCaAGEE, ib ~~ccesw~s snd suipns fwever. Md tM satd ~ MORTGAGOR for t~QiY hc;.s, executors, administrators and au;qns, hereby covenann with the said MORiGAGEE, its svccesuxs end usipro, rhat tb~ aYg lawfully ieized of the said premises in fee iunplr, that the same are free, dear ~nd discharged from all liens aod ent~ brances in !aw or in equity, and that t~Y will and ~@~r F~ein shall wsrrant and defend the titl~ to tM same to th~ said MORTGAGEE, iu :uccessors and assigns, forever against the lawful claims and demands of all persw?t; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the p?omissory ~ote hereinbefwe described and shall truly, promptly and futly perform, discharge, execute, complete, comply witf~ and abide by exh and every the stipulatiw?s, agreements, caxlitions and covenanfs of ssid promissory note and of this Mortgage, then this Mortgage and the Estate hereby ueated shall cease and be nvll and void. ~ IT IS UNDERSTOOD that the word "Mort~sgor" whether in the singulat or plural snywhe~e in fhis Mortgage, shall be sinyular if one only and : shal( be plural jointly and uveralty if morc than one, and ihat the wad "their" ss used inyrwhere in this Mwtgape shsll be t+ken to me+n "his;' "hers;' - or "iti;' wherever 1he context w implies or sdmits. Also, that wherever the?e it a reference in the coven+~ts and spreementi herein oontained to ~ny of ~ rhe parties h~eto, the same shall be construed to mea~ as wetl si the heirs, kgsl representatives, svccesson and assigns (either voluntary by xt of ths ~ partie~ or involumsry by operation of the law) of the same a~d that the covenams herein cont~ined shall bind ~nd the benefib and ~dvantagp inor~ ~ io the respective hein, legal rep?eientativei, wccessors and su~gra of the panies he~eto. And taid /Nortgagors, fo. themxlves snd their heirs, legsl representatives, successors and suigns, hereby joi~tly and severaity covenanf and ayree ~ ro and with the taid MORTGAGEE, its tutctssors end sssgns: ~ 1. To pay all snd singular tM principsl and interest a~d tF?e various and sundry sums of money payable by vi?tue of ssid promiisory note, ~nd this mortgaye, e+ch and every, promptly on the days respectively tF~e ssme severally become due. i 2. To pay ~II ~nd singular tt+e tsxes, assessments, levies, liabilities, oblig~t~a?s ~nd encumbrances of every nature end kirrd now on ~aid de~albed property, p that hereaftsr may be imposed, suffered, pliced, levied, or sssessed thereon, or that hereafter may be levied w assessed upon this Matg ~ age, w the indebtedneu secured hereby, e+ch and every, when dve and payable, sccwdiny to law, before they become delinquent, and before any interat , f attaches or any penalty is i~curred; AND INSOfAR AS ANY THfREOF IS Of RKORD THE SAME SNAII BE PROMPTLY SATISFIED AND DISCHARGED OF ~ RECORD AND THE ORIGINAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALtY ENESORSED ~ OR CERTIFIED) SHAII BE PIACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXf AfTfR PAYMENT; and in the event that any thereof ii not ~ paid, sat'sfied and dischsrged sa"d MORTGAGEE may at any time pay the same or any psrt the~eof without waiving w affetting any opYwn, lien, eQvify p ~ •~qht unde~ w by virtue of this mo~tgage snd the full amount of esch and every such payment shall be immediately dve and payabk end shall beat interesf i ~rom the date thereof until paid at rate of nine per cemum per ~nnum and toyether w~th such interest ~hall be sptu~ed lien of t s ~cf~~~~ , ~ _ ~:ri T