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HomeMy WebLinkAbout0472 . ~46U33 ~ . THIS INDENTURE. Msde ~ne 18th day of January a.o. ~v~~ t~er,~.e~ _ Jose h A. Rou2o aad Ruth Roulo his wife . , . , of St. L11C1@ County florida, he~einalte~ desgnated as ths "MORTGAGOR," and FIRST fEDERAt SAVING$ AND LOAN ASSOCIATION Of FORT PIERCE, • co~po~atitx~ oryanized and e:~sting under the laws of tM United Statos of America and Mving its principsl place of i,usiness in ihs tity ot fort Piarce, St. Lvcie Cou~ty, fiorida, hereinafter deaignated as ths "MOQTGACaEE." WHEREAS the MORTGAGOR ia iuitly indebted to the MORTGAGfE in the sum of s 10`800.00 , good and lawful maney o( the Un~ted ` Siates advanced by the MORTGAGEE unto the MOR(GAGOR, as evidenced by a certa~n promisswy_ nole of even ~date herewith, of wh~ch the tollowiny i~ ~ words snd figure~ is a true topy, to-wit: 51~~800•00 Npi100002Z Fwl Pierce, Flaida, Januarv 18 ~q~_ Fw value ?eceived, 1, we or either ot us, p~om;x !o pay, without defalca~ion, to the orde~ of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at fort Pierce, Florida, the sum of S 1O~ 8~• 0O w;th ineerest (rom date at the rate of 7_75ti per annum, in rtwnthly ins~all- ~ ~~r;,;s as follows: 589• O0 _ on the lOth day of ~ZCh lq_ 73 and a like sum on the cwrespondtng day of each month there- ; after until the whole be fully paid. ~ Eath instaltment first shall be applird in psyment of the interest and then on the vnpaid baiance of the prinrpa! sum. If default is made in the r,_ Eayment of any install~nent when due, and such default tontirues 30 days, then at the option of the holder, and without any oti,er notice, all the remaining ` .nsrallments shall be due and payabte at once. Privilege is given to prepay this note ~n whole or in part at eny time without penalty. Neither forebeaancs, ~J ; no. acctptance by the hotder thereof after any defautt in any payments hereon, shall be deemed extens~on. A lare payment cha.ge of S 4. 45 , shsll be ~ added ~o each installment remaining unpa~d 7 days after its due date, and a like sum shatl be added to each such instatlment remaining unpaid 7 days after each succeeding payment date. EacF~ maker, surety and endorser hereof, jointly and severaily, waives demand, presentment protest and notice oi protest for nonpayment, and funher agrees to any eztension of time of payment, either before a after maturity, without notice to any of us; and to pay all cosls of collection, includ~ng a J reasonable attwney's fee in the event of any defau~t hereunder, and he~eby severally waives a!1 benefit of homestead and ezemption under the tonslituYwn ~ v and iaws of each 5tate of the United States, as against this obl;gation or a~y extension or renewa! hereof. WitnesY the hand and seal of each party. ~ ~ S/ Joseph A. Roulo ~Au ; ~ (SEAI) # J S/ Ruth Roulo ~ ' S16.20 ~ Srare Revenve (SEAu ~ (~+aneq~ sseaedr~sa~edps~steole) , ~ NOW, THEREFORE, the MORTGAGOR f~r the pu~pose of secvring psyment of ss~d sum of S 10~ 800 • 0O and the performance of the covenants and agreemenb hereinaiter expressed, and for divers good and valuabte considerations, by these presents, does grant, ba?ysin, sell, remise, ~ re:ease, convey and tonfirm unto the MORTGAGEE, its iuccessors ar.d assigns, all thal certain lot, piece or parcel of Iand, situate, lying, and being in ths Couny of SL. 1.uC1Q and Stste of florida, dewibed as fdlows: ? t Lot 9, Block 2, CORTEZ PARK SUBDIVISION, as per plat thereof on file . i i in Plat Book S, page 38, of the Pubiic Records of St. I.ucie County, ~ E Florida, ~ ; . ~ ~ ~ ~ 4 ~ o~ ~ RP~~; ; " ~~fNiARY •-~,~jAM ¢ i ~~CEIYED ~~~'•G ~ IN PAYhtEHf OF TAXFS ~ ~ p~E4 . GF R~~11E : ' DUE OH CtASS 'C iNTANfi1BLE PE39QNAL PfiG?ER(Y~ fO - =;tJt!» ~ O~ PURSUANT TO CHAPTER 71-134. Af•TS Oi 18)1. ~ ~ ~ n, ~ ' A~,(. " RO~ER POITRAS ~ ~ p ~ nro2 . CLFRK CIRCiItT COURT, ST. LUCIE C0~ FLA together with all and singulsr the tenements, hereditamenti snd appurtances thereunto belonging or in anywise appertaining tl~ereto, and all rents, iuues, pr«eeds and profits accruing and to accrue from said premixs, all af whrch are included in the above and fwegoing desaiption snd h+bendum. TO HAVE AND TO HOID the above deuribed and granted premises unto the said N10RTGAGEE, its successon and auigni forevn. And th~ aai•! MORTGAGOR fa th~lY ~;~s, executors, adminis~rators and assigns, hereby covenants with the said MORTGAGEE, its s~xcessws and uti~ns, rhat -~h~ a~g-- lawfully seized of the said premises in (ee simple; that the aame are free, ckar snd diuharged from all liens and erx~m- i brances in law w in equity, and that they wi11 and their hein shall warrant and defend the titte to the same to ths said MORTGAGfE, its suctessors and assgns, faever against tFx lawful claims and demands of all perwns; . AROVIDED, ALWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the promiuory note he?einbefore dewibed snd shall truly, promptly ~ and fuily perform, d~xharge, execute, complete, comply with and ab~de by each and every the stipuletions, sgreements, conditiwn and covenants of Nid ~ prom~sswy note and of this Mortgage, thcn this Mortgage and the Estate hereby ueated shall u~x and be n~ll and void. j IT IS UMDERSTOOp that the word "Mortgagor" whether in the singu~ar w plurel anywhere in lhis Mwtgsge, thall be singular if one only ~nd 4 shatl be plursl jointly and severally if more thsn one, and that the wwd "the~r" as used anywF~ere in this 1Nortgage shall be taken to mesn "his;' "hen,'" or "its;' whereve? the context so implies w admits. Also, that wherever there is a reference in the covenants and agreements herein conqined fo any of the parties hereto, the same shall be co~atrued ~o mean as well es the heirs, legal representatives, successors and assigns (eithe? voluntary by act of the ~ oarties w invofuntary by operation of the law) of the same a~d that the covenants Ixrein contairxd shall bind and the benefits and adv~nfa9es inwe i ro the respective heirt, legal rep?esentatives, succeuors and ass~gns of the psrties hereto. And said Mortgagors, fw themselves and their heirs, legal representatives, successws and suigns, he~eby jointly and severa~ly tovenant and agree fo snd with the said MORTGAGEE, its successws and assigns: 1. To pay all and singular thc principat and interest and the various and sundry sums of money payabk by virtue of ssid promiswry nofe, and this mwtgage, each and every, promprly on the dsys respettively tF?e ssme sever~lly become due. 2. 7o pay all and sirgvlar the taxes, assessments, levies, lisbilities, oWigstions and encumbrantes of every nature snd kind now on ssid dexribed property, or that hereafter may be imposed, suffe~ed, pl~ted, levied, w essessed thereon, at that hereafter may be levied p auesset! ~pon fhis Mwt¢ age, a the indebtedness secured hereby, exA and every, when due and payable, xcording to Isw, be~ore they become delinqueM, and befora any interest at+aches or a~y penalty is incurred; AND INSOfAR AS ANY TNEREOF IS Of RKORD THE SAME SHAII BE PROhMTIY $ATISFIED AND DISCHARCaED OF RECORD AND THE ORIGINAI OFFICIAt UOCUMENT (SUCH AS, FOR tNSTANCE. THE TAX RECEIPT OR THE SA11SfACTION PAPfR OFflCIALLY ENDORSED OR CERTIFIED) SHAII BE PIACED IN THE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; and in the evcnt that any thereof is not pa~d, sat'sf;ed and discharged sa:d MORTGAGEE may at any time pay the same w a~y parf thereof without waiving or affetti~g any option, lien, equify a •~qht under w by virtve of rhis morrgage and the full amount of each and every such payment shall be immediately dve snd payable and shall bear interest ~.orr the date thereof until paid at ~ate of ~ine per centum per annum and together w~th such interest shal~s~~d~y the lien q( ~gtsge. ~~I Y .1.~ P ict ~ 5 _ ~ - ~ M-~.~~ ~~'~u: w ~ ` ~ s-~ _