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Home My WebLink About2281 , ~ v~ THIS INDENTURE. Made the 26th day of OCtObBr A.D. 19 72 - between Rrank A. Trotta and Marqaret V. T=otta,..., his wif@ of St. Lucie ~~~~~y ~1a;da: he~einaiter designa~ed as the "MORTGAGOR." snd FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, • corpo~at~on orgsnizcd and exist~ng under the lawi of the U~~ted Staioi of Americ~ ~nd having ib principd pl~t~ of business in ~he City of 'or~ Pieres, St. Lucie Govnty, florida, Aereinafte? des~ynated as ths "MORTGAGEE.'• WHEREAS the MORTGAGOR is jusrty indebted to the MORTGAGEE in !he sum of S 21~ 0~• ~ , good and lawful money ot ~he Un~ted States advanced by ihe MORiGAGEE un~o the MOR(GAGOR, as evidznced by a cer~am promissory note of even da~e herew~tb, of which the followin9 in words and figures ii a true copy, to-wit: 521~~~_~ ~ ~~18~4 Fort Pierca. Florida. ~CtO~@= 26 19~~ For val,x rece:ved. 1, we or eithe? oi us, p~om~se to pay, wi~hout defalcalion, to the order of FIRSi iEDERAI SAVINGS ANp IOAN ASSOCIATION OF FORT PIERCE at fort Pierce, Florida, the sum of S_ 21 ~ wirh ~nterest from date ai the rate of .L~% per annum, in monthly insfall- ~•~ents as {oi!ows: S isb~~ on the day of ~rC21 )9_ and a like sum on the correspond~np day of each moroh thetr after until the whote be fully paid. ~ Each installment first anall be appi~ed in payme~t oF the interest and then on the unpa+d balance of the prindpal sum. If d ault is made in ths payment of aoy installment when due, and such default continues 30 days, the~ at the option of the hoider, and without any othe~ notice, all the remaining ~nstall~nents shail be due and payabie at once. Privilege is given to prepay this note in whote w in part at any t~me without penalty. Neither fwebaarance, • nor acceptance by the holder thereof a(trr any defautt in any payments hereon, shall bt deemed extension. A late paymenf charge of i.~sz.~4 shall be .~dded to each instaltment remaining vnpa~d 7 days affer its due date, and a like sum sha11 be added to each such installment remaini~g unpaid 7 days after ~ zach succeeding payment date. Each make~, su~ety and endo~se~ hereof, jointty and severatly, wa~ves demand, presentment protest and nor~ce of protest for ?wnpayment, and further agrees to any extension of t;me of payment, e+ther before w after maturity, without not~ce to any of us; and to pay all costs of colledion, including a ' reasonable artorney's fee in the event oi any defauh hereundrr, and hereby severally waives ali benefit of homesiead and exemption unde~ the tonstitution ' a~~d faws of each S~ate of the United States, as aga~nst this obliga?iort o~ any exteasion or renewal hereof. ~ , W~tness the hand and seal of each pa~ty. s/ Frank A, Trotta cs~AU i. ~ ts~?~) ~ ~ s/ MarQa~cet V. Trotta ~~U ; - ~ $31. SO ) Srate Revenve ~U ;Str~a.canMY~i.ow.disiraL a~o1a1 . 1~lOW, THEREFORE, rtx MORTGAGOR fa rhe purpose of securing payment of sa~d sum of s Z~ ~~0• ~0 a~d the performsnce of tF?~ ` covenants a~d agreements hereinafter expressed, and for divers good and valvable consideralion~, by these presenfs, does grant, bargain, sell, remise, release, co~vey and confirm unto the MORiGAGEE, its successors and assigns, all that ccrtain lof, piece w parcel of land, tituate, lying, arid being in the County of $t •~+UC 1Q ' and State of Fb?ida, descr]bed as follows_ Lot 5, Block 3130, Port St. Lucie, Section 45, as per plat theroof on file in Plat Book 16, Page 25, of the Public i Records-af St. I,ucie County, Rlorida M r N STATE oF ~LORIDA I oz DOCUMENTARY ~~~yEp c-+ N yw. S TA NI P T A X 1 IN PAYMENT Of T1U(ES Kc ~ OEPT. OF REYEMUE pUE pN CLASS 'C' INTAM6iBlE PERSONAL PRORER(Y~ o = ~'%'C-~'7t~- s ~ PURSWINT TO CHAPTER 71-13~, ACTS OF 19I1~~ ~ o E ~ i i 2 ~ 0 ~ R06ER POITRlIS ~ ~ C[ER!( CIRCUIT COUR1, ST. LIJCIE FLJ! I ' rogether with all and singular whe tenements, hereditaments and appurtancea tix~eunfo belonging a in anywiie appertaini~g therefo, ~rd ~II rents, iuua, ! proceeds snd profits accru~ng and to acuue from said premises, all of which are included in the above and fwegoing dewiption ~nd INbendum. i j TO HAVE AND TO HO~D the above deuribed and gronted prem~ses unto the said MORTGAGEE, iri successors ~nd assiyns foreve?. Md tM said ! their_ h10RTGAGOR for heirs, executors, sdmi~ist~ators and assigns, hereby covenants with the faid MORTGAGEE, iri successon and ass(pro, that - e - the ~r - Iawfully se~:ed of the said premises in fee simple; that the ssme sre free, ctear and discharged fran a!1 I+ena and ~ncvm- brances in law or in equity, and that tb@~/ w;ll and tbeir hein shall warrant and defcnd the litle to the sams to th~ said MORTGAGEE, i1s suctessors and assigns, fwever sgainst the law4ul tlaims and demands of a!1 persons; ' PROVIDED, AIWAYS that if the MORTGAGOR shall unto the MORTGAGEE the paY promistory note herei~before described and shatl truly, promptly ard fully perfwm, discharge, execute, complete, comply with and abide by each snd evcry the stipulations, agreements, conditians ~nd covena~t: of said pramissory note arsd of this Mortgage, fhen this 1Nortgsge and the Estate hereby ueated shatl ce+se and be null and void. IT IS UNDERSTQpD that the wwd "Mortgagw" whether in tFx singular or plural snywhere in thif Mwtgage, ihall be sirgulsr if one only ~nd , shall be plursl jointly a~d severally if more than one, and that the wwd "tF~eir" as used anywhere in this Mongsge shalt be taRen to me~n "his;' "hen;' or "ifs," wherever the contexr so implies or admirs. Alw, fhat wherever there is a reference in the covenann and sgreementt herein contained to any of rhe psrties hereto, the same shall be construed to mesn as well ss the F~eirs, legal representa~ives, successors and assiyns (either volunt~ry by act of tM r parties o? involuntary by operarion of the law) of the same and ~hat ~he covenanrs herein contai~d sha!! bind and the benefits and adv~ntapq inw~ ro the respective hein, legal rcprexnfatives, successors and ass'g~s of the pa?ties hereto. ` And said Mortgagors, fw themxtves a~d their heirs, legal representatives, successas ~nd assgns, hereby jointly snd severally covensnt and ~yree fo and with the said MORTGAGEE, its successors and assigns: ~ 1. To pay ell and sirgular the principal and interest and the various end sundry wms of money payable by viitue of said p~pmiuory note, ~nd tF~is t mortgage, each and every, promptly on the days respectively the same severally (xcome due. 2. 7o psy all and singular the taxes, assessments, levies, Ii~bilities, obligations and encumbrances of every nature and kind ~ow o~ said described property, or that hereafter may be impotcd, tuffered, placed, levied, or assessed therton, or thst hereafter may be ~evied ot assnsed trpae this AIlwt~ 1 age, a the indebredness secured hereby, exh and every, when dve and p~yable, accordirg to Iaw, before they become delinqueM, ~nd befwe any interest atraches ot any penalty is inturred; AND INSOFAR AS ANY TNEREOF IS Of RECORO THE SAME SHALI BE PROMPTIY SATISFIED ANO QISGHARGEO OF F RECORD ANp THE ORiGffYAt OfftClAl DOCUMENi (SUCH A5, FOR lIVSTANCE, TNE TAX RECEIPT OR THE SATISFACT{ON PAPER OfFIC1AltY ENDORSE~ ~ OR CERTIFIED) SHAII BE PLACED IN iHE HANDS OF SAID MORTGAGEE WITNIN TEN DAYS NEXT AFTER PAYMENT; snd i~ the eveM that any thereof is na i paid, sat sfied and discharged sa'd MORTGAGEE may at any time pay the same w any parl thereot without waiving or affecting arty optiort, lien, equity a •~qht under or by virtue of rhis morrgage and ~he full amount of each ~nd every such payment shall be immediately due and payable snd thall bear interest ~•om the date thereof until paid at rate of n~ne per centum per annum ~nd together w~th such intere~t. s~all~ red by ~the lien of th:• morgt~. s~~.? ~;11~ Fe,ct ~~~2 ti ~ ~ g; " - ~ ~ _ . . , ~