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Home My WebLink About0833 246334 ' THIS INDENTURE, Maoe ~~e 2~nd day ot ~ December A.D. 19 72 between Joseph Scarpelti and Ma~y S~a~e21i,~ h~s vrti,~ ~ . ~ . ' , ~ . of - cJt ~ 1.~C1E~~ ~p~nty Floa~ds, hereinafter des~gna~ed as the "MORTGAGOR," and FIRSi FEDERAI SAVINGS AND IOAN ASSOCIATfON OF FORT PIERCE, a corporat~on organi:ed and ex~sting undea the ~aws o( the Un~ted StatQ~ of Americs and having its print~pai place of business in the City of Fort Pierce, St. lucie County, ftorida, hereinafter des~gnarfd as the "MORIGAGEE." N'NEREAS the MORTGAGOR is justly indebted to the MORTGAGFE in fhe sum of S- 211600. OQy, flood and law(ul mo~ey of the Un;ted States advanced by ~he MORTGAGEE unto the MORTGAGOR, as evidenced by a certai~ prom~ssory note of even date herewith, of wh~th the'(ol;uwing in wards and figures is a lrue copy, ~o-wit: s ~ 1, b00. 00 No 1002 9223 Fort Pierce. Flwida. ~ecember 22 19 Fo~ valur received, 1, we or either of us, prom~se to pay, ,.vi!hout defalca~~on, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSCCIATION OF i~JRT PIERCE at Fort Pierce, Fbrida, the sum of S 21 ~600. Q~____ w~th ~n~erest from date e1 thc rale of 2_..~-?~ pe? annum, in mor~thly inatall- nr~,K as foi!ows: S~ 7~ ~0~- on the .IQ~Zl. day of FEh~a 2'~ 19_?~_ and a Gke sum on the corresponJ~ng day of each month there- aitet unti! the whole be fully paid. Each insta(Imrnt first shail be appl;ed in payment of the interest and then o~ the unpa~d ba;ance of the prinupal sum. If detault is made in the pay~neM of any ins~anment when due, and such default coroinues 30 days, then at the opt~on of the holder, and without ~ay other notice, all the remaining ,n.~ellments shall ba due and payable at once. Privilege is given to prepay this note in whote or in part at any time w~thout penalry. Neither forebeararue, nor acceDtance by the ho!der thereof affer any defauft in any payme~~rs hereon, shatl be d~emed extension. A late payment charge ot S-~~2~-, shall be .~dded t~ each insta~!ment rema~ning unpa~d 7 days after ita due aate, and a like sum shail be addrd to each s~ch ~nstallmem remaio~n~ unpaid 7 days aftrr each svcceeding Fayment dare. Each maicer, surety and endorser hereof, jointly and severalty, wa~ves dema~d, presant~nent protest and notice of protest for nonpaymeni, and funher o;~ees to any e?tension of time uf payment, either belo~e or after maturity, vvi~hout not:ce to any of us; and to pay all costs of coilection, includ:ng a r~•asonable attorney's fee in the event of any default hereundar, and hrreby severally waives all benefit of homcstead and exemption under tfx constitution ~~~d Iaws of each State of the Unired Srates, as against this obGqation w any extens~on or renewal hereof. Witness the hand arz~ sea! of each p~rry. s/ Joseph Sca~Delli (SEAL) (SEAI) ~_1 MaYy~~~rAell i (SEA!) $ 32 40 (sen~l ( • ) Stare Revenue (S~erwps~centdled~ en+a?i'i~ei ~efe~ NOW, THEREFORE, ~he MORTGAGOR tor the ur se of secu~~ a ment of said sum of = 21 bOd. ~O P Po ^9 P Y ~ and tFx performance of the covenants and agrcements hereinafter expressed, and for divers goed end vaiuabte consideraYron~, by these presents, daes grent, bargain, sel:, rem~se, re;ease, convey snd confirm unto the MORTGAGEE, its succeswrs and assigns, all tha~ certa~~ lot, piece or partel of land, sit~ate, lying, and being in the ~ $t. Lucie and S~ate of Fbrida, dcxr:bed as follows: ~.~~~w ~ "0`' v ~Oq ~ Apartment R-2n2, of COLONYADES CONDC~MINIUM ~t0. b, a Condominium ~ ttf . accordi.ng to the Declaration of Condowiniua recorded in O. R~ ~r lL • t Book 198, page 173, as amended by Amendments recorded in O. R. LL G Q~~ ~ Book 198, at pages 2688-2694 and O. R. Book 199, at page 2283, w~ W e~v ~--~ix = all references to the Public Records of St. Lucie Cow~ty, Florida, Qat~ 1111 N Z'QGETNER vJI2H all of its appurtenances according to said Declarationj a d ~?fjQ;a!lIiHN! E 9 t 9 0 A S~ ~ the ter~as, covenanta, agreeaenta, ob2igations and pravisions of said Declaratic~ of Condaatniun irhich ?Iortgagor fn all thi.ngs doas :aeNr ~uc~E cav'eaant to ?~IorLgagee faithtlil.7,~? to observe and pertor~; GOUMi~ RECEivED f--=~--!•!~ 4 in P!r~•~•tT n,F DUE OH CIASS 'C' IMTANGIBLE 'E ER~Y, ~RSl1Mli TO CFIAPTER 7LI31. ACTS Of 19/1. ROGER POITRIIS ~ ; Cl.ERlI CIRqtR COURT, ST. WCIE C0, FIA ~ roge~her with atl and singular the fe~ements, heredifamen~s and appurfantcs thereunfo bela~girxJ ot in anywise appert~ining thereto, and all rents, issues, pr«eeds and profits accruing and fo accrue fiom said premises, all of which are irxluded in the above and fwegang deuription snd habendum. TO HAVE AND TO HOID the above described and grsnted premises unto the said MORTGAGEE, its tuccessors and •ssigns fwever. And the s+id ; MCRTGAGOR for ---~E~---- he;n, ~xr_utu:, adminisrrators and as:igns, hereby covenants with the said MORTGAGEE, itf svccessors ~nd ~uiyns, ; ~h~t __they_are__ ~aWf~uY ae~zed of the said prem~ses in fce simple; that the ssme sre free, dear and dixharged from sll liens and encum- brances in law w in eqvity, and that thev a~ thoi r hein shaH warrant and defend the title to e same to the said NtORTGAGEE, its successors and assigns, forever against the lawful ctaims and demands of alt pe~wns; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory mte hereinbefore described a~d thall truly, promptly and fully perform, d~scharge, execute, complete, comp~y with and abide by each and every the stiputations, agreemenfs, conditions and covenants of said prom7ssory note and of fb]s Mortgage, then this Mortgage and the Estate hereby created shall cease a~d be null and void. IT IS i1NDERSTOOD that the word "Mortgagw" whelher in the s~ngular or plural anywhere in this Mutgage, shall be singular if one only •nd ihall be plural jointly and severally if more than one, and that ~he word "the:r" as used anywhere in this Mortgage shsll be t~ken to mean "his;' "hers," or "its," wherever the context so implies or admits. Also, ~haf wt~e~ever there is s reference in the covenants and agreements herein contained to any of +he parties hereto, the same shall be construed to mean as we!I a: the heirs, legal representatives, auccessors and assigns (eitFxr voluntary by act of the parties or involuMary by operation of the law} of the same and that the covrnants herein contained shall bind a+~d the benefits and advantages inure +o the respective heirs, ~egal representatives, iucceswrs and ass~gns of the part~es hereto. And said Mortgsgors, for themselves and their heirs, legat rep~ex~tatives, successws and assigns, hereby jointly and severally covcnant and agree ~o and with the said MORTGAGEE, its successors and assigns: 1. To pay afl and singutsr the principal and interest and the various and sundry sums of mo~ey payable by virtue of ssid prom~ssory notr, snd thi~ mortgsge, each and every, promptly on the dsys respectively the same ssverally become due. 2. To psy all and singvlar the texes, assessments, levies, IiabiG~ies, obligations and encumbrances of every nature and kind now on said described property, p tha~ he?eafter msy be imposed, sufFered, placed, levied, or suessed thereon, or that fierasTter may be levied or assessed upon this Mwtg- age, a the indebtedness ucured hereby, each and every, when due and payable, according to law, be(ore they become delinquent, and befo~e sny interest attaches or any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RECORD THE SAME SHAII BE PROMPTLY SATISf1ED AND DISCHARGED OF RECORD AfvO THf ORIGffYAI OFFICfAI DOCUMEtJT (SUtH A5, FOR lNSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFiC1AllY ENOORSED OR CERTIFIED) SHAII BE PlACEO IN THE HANDS OF SAID MORTGAGfE WI7HIN iEN DAYS NEXi AFTER PAYMENi; and in the event that any thereof is not paid, sat afied and d'+scharaed sa d MORTGAGEE may at any time pay the same or any part Ihereo/ without waiving or at(ecting any optiort, lien, eqv'rty or •~qhr vnder w by virtue of this morrgage and the full amount of eath and every s~ch payment shal{ be immediately due and payabte and shall bear interest ~~om the date thereof until paid at rate ol ~~ne per centum per annum and together w~th such inte~stRsh ~cured by ~~e~ of th's margtage. 3 QL~x P~~d :3 i~. - ~ ,F = - _ : - .F -w e - 4-'~ ~:~s~'~