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Home My WebLink About5553 245368 4 TMIS INDENTURE. Made ?he• ~7~ day of N~~~r A.D. 19 7~ be?ween ' Dominick E. Rinelli and Annette T'~B~ndlli': rti s i~riPe of L]~C~~ Couny Flor~da, hereinaiter desgnated as the "MORTGAGOR;' and i1RST FEDERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, + cwpwation wg~nized and ex~sting unde~ ihe laws o( Ihe Un~tcd Statos of~ America •nd havin9 iti p:incipal place of busineu in the City of fwt P~erce, St. lucie County, Flo~idi, hereinafter designated a~ the "MORTGAGEE:' WHEREAS 1he MORTGAGOR is ju~tly indebted to the MORTGAGEE i~ the sum of =~~~.!QQ- good and lawful money of the Un~1ed States advanced by the MORTGAGEE unto the MORTGAGOR, as evicknccd by a certai~ prom~ssory note of even date hnrewith, of wh~ch the (ollowing in words snd figures is a true copy, to-wit: s 20,,000.00 N, ~0~~ 9096 Fort Pierce, Flwida, NnVPmhP_T Q~ ~_~q~~ For value raceived, I, we or either of us, promise to pay, wiThout defalcaf~on, fo the order of FIRST fEDERAt SA.~VI~N+GS AND LOAN ASSOCIAiION OF ~ORT PIERCE at Fort ~P~~~eprce, Ftorida, fhe sum of S~Y;.sr~~- with int~er2est from date at the rate of ( i7 :o per annum, in monthly install- ~~~ents as fot!ows: 5-'~-~?•~ on the day of ~y 19_~ and a like sum on ~he correspond:~g day of each rt~nth therc- airer un~il tt~e whote be fully pa~d. Each ins~all~nent first shall be applied in payment oi the interest and then on the unpaid balance of the princ~pal tum. If de!ault is made in the sayment of any instatlment when dve, a~d such default continues 30 days, then at the option of the holder, and without any otner ~ot~ce, all the remainirg ~nstalfinents shall be due and payable at once. Priv~lege is g~ven ro prepay this note in whole w in part at any time without penalty. tJr~ther forebearance, ~ ~ nor acceptance by the holder thereof afrer any defaull in any payments hereon, shall be deemed extension. A late payment charge of ;-_1! 0_ shall be \.1 added to each installment remaining unpa~d 7 days after its due date, and a IiRe sum shall be added to each such installment remaining unpaid 7 days after ~ each succeeding payme~t date. Each maker, surety ~and endorser hereof, jointly and sevcrally, waives demand, presen~ment protest and no~ice of protest for nonpayment, and turther , agrees to any extension of time of payment, either before or after matvrity, without not;ce to any of us; and to pay all costs of collect?on, includ;ng a , -e~sonable attorney's fee in the evenr of any default hereunde~, and hereby severa~ly waives all benetit of homestead and exemptiun under the constitution . and laws of each Srate of the United States, as against this obligation or any exiension or renewal hereof. - Witness the hand and seal of each party. - S/ Daninick E. Rinelli (SEAy ~ (SEAL) S/ Annette T. Rinelli is~,u ~ lsEnu ~ ) State Revenue (Sfesp~e~~Yedao~=asio~l~not~) ZO OOO OO ~ NOW, THEREFORF, the ~~10RTGAGOR for the purpose of sec~~ing payment of said sum of S + • , and the pe.formance of ths ` ~ covenants and agreementa hereinafter expressed, and for divers good and valuable considerations, by these presents, dces grant, barga~n, setl, remise, . re:ease, convey and confirm unto the MORTGAGEE, its succeswrs and auigns, etl that certain lot, piece w parcel of land, situate, lying, and being in the ~ Counry of $t _ TuC~e and State of Flwida, dcwibed +s follows: Lot 20, Block 3126, PORT ST. LOCIE, SDCTION 45, as per pla.t thereof on file in Plat Book 16, page 25 through 25$, of the Public Records of St. Lucie County, Florida, , i ~ f - ; . . ; • ~ : ~ ~ ~ F oRiaa~ s ~ `O ~ ~ENTARr . . iAMF iAfi ~ ~ - ~ ~ ~ ~ ,o ' ,w~r,,~ = 3 Q O 0 ~ ^ - ' - 1 . o =~~b: ~ ~ ~ ' G-~~ IN PAYW?ENT 0~ T~ RECEIVED qq~ pI~pPERiY. Q pUE ON (XASS 'C 11'~T~GIBLE PE°5:1, g p~R~l?I?t1i TO CttAPTER 11-134. ACTS OF 1911.m~~~ ~ ROGER POITRA-. CLERK CIRCUIT CAURT. Sf. L'JC~t (:0.. M- ~ ~ ~ together w~th all and singutar the tenemems, hered~taments and sppurtsnces therevnto belaging or in anywise appertainir+g thereto, and all renn, issues, ~ prxeeds and profits accruing and to accrue from said premises, all of which are included in the above and foregoing description and hsbendum. ~ TO HAYE AND TO HOLD the above described snd granted premises unto the said MORTGAGEE, its successors snd assigns fwever. And the said F 450RTGAGO~Ry for heirs, e:ecuton, administrators and assigns, hereby covenants wah the said MORTGAGEE, it~ s~,cceuon and suiyro, ~hat ---y+~i~ lawfully sei:ed of the iaid prem~xs in fee simple; that the same are free, dear end discharged from sll liens and encurrf ~ 6rances ~n law or in equity, and that~._ will and their heiis shall warrant and defend the title to tFx same to the said ~ MORTGAGEE, its successors and assigns, fuever against the lawful claims and dema~ds of •II persons; ' PROVIOED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe described and thsll truly, promptly - and tully perform, dixharge, execute, complete, comply with and abide by each and every the stipulations, agreements, conditions and covenants of aaid prom~ssory note and of this Mortgage, then thit Mortgage and the Estste hereby created sh~l) cease and be null snd void. ~ IT IS UNDERSTOOD that the wwd "Nbrtqagor" whether in the singular a plural anywhere in this Mortgage, shall be singular if one only and shatl be plural jointly and uverally if more than one, and that ~he wwd °theh° as used anywhere in this Mwtgage shall be taken to mean "his;' "hers;' or "its;' wherever the context so implid w admits. Also, that wherever there is s reference in the covenants and agreements herein contained to ~ny o( +he parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, successws snd assgns (eifher voluntary by act of the ~:j parties or involumary by operation of the law) of the same and that the covenants herein co~tsined shall bind and the benefits and advantsges inwe - to the respectire heirs, lega! repreuntatives, successors a~d ass~gns of tFx parties hereto. And said Mortgagors, for themxlves and their heirs, (egal representatives, successwa and assigns, hereby jointly and severally covenant and ~gree = ro and with the said MORTGAGEE, its successors and assigns: 1. To pay all and singular the printipal and interest and the various and sundry sums of money payable by virtue of said promissory note, and this mortgsge, each and every, promptly o~ the days respectively the same severally become dua 2. To psy al! and singular the taxes, assessments, tevies, lisbilitics, obligstions and encumbrances of every nature and kind now on said described p~operty, or that Fxreafter may be impwed, suffcrcd, pl~ccd, levied, or suessed thereon, ar that Fxreafter may be levied a assessed upwi this Mort¢ ~ age, a the indebtedneu secured hereby, exh and every, when dve and payable, ~ccading to Iaw, be(we t:.ay becortx delinqueM, •nd befwe any interest attaches or any penalty is intu~red; AND INSOFAR AS ANY TMEREOF IS OF RKORD THE SAME SHAtI BE PROMPTLY SATISFIED A~1D DISCNARGED OF RECORD AND THE ORIGItrAI OFFICIAL OOCUMENT (SUCH AS, FOR INSTAIVCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICtALLY ENDORSED OR CERTIFIED) SHAIt BE PIA~ED 11~ THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMfNT; and in fhe evcnt that any tFxreof is not pa~d, saYsfied and discha~ged sa d MORTGAGEE may at any nme pay the same w any part thereof withouf waivi~g or a~fecti~g any option, lien, equity o? •~qht under or b~ vi~tue of this mortgage and the (ull amount of each and every such pa~ment shall be immed~a!dy due and payable and sha~l bear interest ~rom the date thereol until pa~d at rate of mne per cent~m per annum and toge~her w~th such interest shall 1~ (~c'_"`+the IienAf~~~Qrgtaye. • _ ' K ' ~ r J ts~ a ~ ~v._~