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Home My WebLink About2181 THIS INDENTURE. Made the 24th day of Novesber /~,p, ~9 7'2„ between Frank 5. I.achina, a singl• adult of - St. Lt1C~@ „ ~~ny Flwida, hereinaftN desqnated as the "MORTGAGOR." and fIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERtE, a corporation prga~;zed and e,u~~ing under ths laws of the Un~ted Sta~Qi of Amc~ic~ ~nd haviny iri pr:ncipal place of bu~ineu in ths Ciry of fwt Pierce, St. lucie County~ Flori~a, here+rtaller des+gna~ed as ths "MORiGAGEE:' WHfREAS ?hs MORTGAGOR is justly indebtsd to ths MORTGAGEE in the sum of S 1~0~~~ good a~d lawful morsey of the United States advanced by the h10RTGAGEE unto ?he MORTGAGOR, as evidenced by a certain promisswy note of even date herew~th, of which the foilowing in worda and figures is a trus copy, 1o-w;t; ~ ~ 19~000~00 1001908a ,1 Foat Pierce, Florida, Noveaber ~ 19 'IZ ~ Fw value received, I, we or either of us, prom~se to pay, wi~hout defalcat~on, to the o~der of FIRST FEDERAI SAVINGS ANO IOAN ASSOCIATION OF FpRT PIERCE at Fort Pierce, Fbrida, the sum of S- 19~~~~~ with interest f~om date at tha rate of _1;~'o per annum, in mo~thly install- L men~s as foltows: Sl.-~i~__ on the _~QSebday of Anril , 19~~. and a like sum on the correspond~ng day of each month there- after until ihe who.`e be fuliy paid. ~ EacA insraUmenr tirst shall be spplied in payment oi the interest and tF~en on the unpaid balance of the princ~pal s~m. If default is made in ~the ~ payment of any instailment when due, and such default continues 30 days, then at the option of the holder, and without any other notice, all th~ remaining y instaltments shall be due and payabte at once. Privilege is given to prepsy this note in whole w in part at sny Nme w~thout penalty. Neithe~ faebearance, ~f q 3 rwr atcepta~te by ~he hotde? thereof a(ter any deFaulf in any payments hcveon, sha!! bt deemed extension. A late payment charge of 5-~~+ shsll be added to ezch ins~allmtnt ?emaining u~paid 7 days after its due date, and a tike sum shall be added to each such installment rtmaining unpaid 7 days aftet ~ each succeeding payment date. ~ Eath maker, surety and endo~ser hereof, join!ty and severaity, waives demand, presentmenf profest artd no~ice of protest for nonpayment, and furthe? ~ agrees to any extension of time of payment, either before w after maturity, without not~ce to any of us; and to pay all costs of coliection, includ:ng a ~ reasonable attorney's fee in the event of any default hereunder,- and hereby seve~ally waives all benefit of homeatead and exemptian under the const+tut'an ~ and laws of each State of the Un~ted Stares, as against this obligation or any eztension or renewal hereof. 1 Witneu the hand and seal of each party. ~ s/ Fzank S. i.achina, a sinale ~ylt ts~?U ' (s~?U ~ ( ~28~ 5~ ) $tate Revenue ~E~ \~i (Stwn~esµelRd~w~Agh+al~nae'r ~ NOW, TNEREFORE, fhe MORTGAGOR 4or the . 29 OOO.OO pu pose of securing paymem of said sum of = ~ , and the performance of the cove~a~ts and agreements hereinafter expressed, and fu divers good a~+d valuable cons;de?ations, by these p~esents, does grant, bargain, sell, remise, reteax, convey and confirm unto the MORTGAGEE, its svccessors and assigns, al~ that certain lot, piece or psrcel of land, tituate, lying, and being in the Covnty of $t• LUCi@ , and State of Fbrida, described ~s follaws: Lot 5, Block 312I, POR? S7. LUCIB, SBCTION 45, as pez plat thereof on fiie fn Plat Book 16, Page 25, of the Public Records af St. Lucfe County, Florida ~o ~ STATE oF p-~o oz ~ QOCUMFNTARY FLOR (DA ~ RECFJYED IN PAYMEPR OF T11XR y~ ~ DEPT. Ro EF~'~'-11ENUE ~`'~:S~AMP T~ X ~ p~JE pry q~ INTAN6tBLE PERSONAL PRO~ERIY~ ~O o - -~fC-S'7j 3 ~ ~j ~ PURSl1AlUT TO CHAPTER T1-134, ACiS OF 19J1. ~ o ~ ~ 1 i , . ~ 8• S O ~ ROGER POITRIIS Jj9~ ~ - ' CIERK CIRCUIT COURT~ ST. LUCIE 00.. F1A~ togethe~ with all and singular the tenement~, he~editamenls artd appurtances thereunto belonging w in anywise appe?taining ihereto, and all rents, iuues, procecds and profits acc?uirg and to acaue from said premises, all of which are included in tfie above snd foregoirg dexript~a? and habendum. TO HAVE AND TO HOLD the above desaibed and gnnted premius unto the said MORTGAGEE, its suctesson and ssii~ns foreva. Md the said MORTGAGOR for bis hein, exeartws, administratws and auigns, F~ereby covenants with the s~id MORTGAGEE, its s~ccessors snd aaigro, , that he ~8 lawfully seized of the saFd premises in fer simple; that the same +re free, ckar •nd d~sclu~ged from all liem and tncum- brances in Iaw w in equity, and that ~le vvill and his heirs ~hall wa~rant and defend ths title to the a~me to tM s~id MORTGAGEE, its succeuors and assigns, fwever sgainst the lawful claims and demands of sll persons; PROVIDED, AlWAYS ~hat if the MORTGAGOR shall psy unto the MORTGAGEE the promissory rate hereinbefore dewibed and shsll truly, promptly arsd f~fly perform, d~scharge, execute, complete, comp(y with and abide by each and every the stipvlations, agreert~ents, cw~ditions and covenants of said promtssory note and of this Mortgsge, then this Mortgsge and the Estate hereby uested shall cease s~d be null and void. IT IS UNDERSTOOD thst the wwd "Mortgsgor" whether in the singular w plural anyvrhere in this Mwtgsge, shall be sirgul~r if one only and : shill be plural jointly sr?d severally if mwe than one, and that the word "their" as uxd anywhere i~ this Mortgage shalt be taken to mean "his;' "hers;' ' w"its," whr~ever the context so implies or admits. Also, that wherever there is s reference in the covensnts and agreements herein contsined to any of the partiet hereto, the ssme shall be construed to mean as well as the heirs, legal represent~tives, successon snd assigro (either volunqry by acf of the - p~rties or involuntsry by operation oi the taw) of tfx same and that rhe covenants he~ein con~sirxd sF~all bind ind tlx benefi» and adv~ntapes inure to the respective heirs, legal representativei, succeswrs and au'gns oi the parties hereto, And said AAortgago?s, for ihemselves and their heirs, legal representatives, successon snd auig~s, hereby joiMly a~d seva~lly covenant snd sgree fo and with the said MORTGAGEE, its :ucces~as and aug~s: 1. To pay all and singular Ilx principal snd i~terest and the various and sundry sums of morxy payable by virt~e of said promisspy note, and this mortgage, each and every, promptly on the days respectively the same severally become due. ; 2. To pay all snd singula? the taxes, auessmeMS, levies, liabilit;ei, obligations snd encumbr~nca of every nature and kind now on ssid described ' prope?ty, a thst hereafter may be imposed, suffered, plsced, levied, a sasessed thereon, or t~af hereafte~ may be levied p~ssessed uppi this Mptp. t _ sge, or ths indebtednesa setured Mereby, esch snd every, when d~e snd paysble, xcwdinp to law, befwe they become delinquent. ~nd befwe ~ny interest ' anaches o? sny penalty is incur~ed; ANO INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROMPTLY SATISFIEO AND OISCHARGE~ OF ~ RftORD AND TFiE ORIGlhA! OfFlCIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX. RECEIPT OR TME SATISFACTION PAPER OFfIC1ALlY ENDORSED OR CERTIFIED) SHAtI BE PIACED IN THE HANDS OF SAID MORTGAGEE WIiHIN TEN DAYS NEXT AFTER PAYMENT; and i~ the event that any thereof is ~ot paid, sst'sfied and dixharged sa:d MORTGAGEE may at any time pay IF?e ssme or any part thereof without waiving o~ afiecting any option, lien, equify p •iqht under w by virtue of this mortgage and the full amount of each and every iuch payment shall be immediately due and payable and shall bear interest ~~om the da~e thereof unril pa~d at rate of n~~e per centum per annum and toyether w;th s}~ F4,int II be se ured by tF~e tien of th:s morgtsye. E ~~i~ ~~C; ~~81 ~ 4 , =r r.~ : g . ~ : ~ - , ~r~~ ~ ~s ' : 2-' . Y ~4, - ~ s. ' ` m _ =Y _ ~a",~ _