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HomeMy WebLinkAbout0002 2~~~~ss ~ f THIS INC~NTtlRE. Macic ~t,r _ . ~th p,~ o~ Februarv . ~ . . . , p. 1q73- KENHET!i A. HItSANtI and LAUEtE'PTA . betK~e~ P~~ANTI, his ~ife _ ~ - St . L~icie ' of r~uny, Flori~s, h~reinsfter d~s~sns~,d as t1•~ "MORTGP,GpR," and fiRST FEDERA~ SAVINGS AND LOAN /1SSC~l.'ATION pF ~NPr,AN R~VER COUNTY, a; orpaat~a~ o-sa-~=zr-~f ar?,f exiztir.e uncfer the iaws •>t the Unitc~i States of Ame.ica and ha.•~ng ~h pr~ne~~i p!atc of bus%r?ru tho Gty ilf VNO 8ex1+. Ind~..n R~...Y Cnunty. Flonda. hc•~,naftc~ d~.~:gnated as the "N10RTGAGEE.'. EREAS ~Fxe ti1QRTGIICAR is ~ustly incls tc tQ N.~e ARGRTi:I:vEE ~n the sum of ~131ty-four Thousand and n0~1"~-----------------~ t~ 34s~~.v0 1:=;'.;:s. g~.x snd iawful m:ma~ ~fee Unite,~! Statcs advaneed b the RAORTC.AGLE untc !ne (v;vRTCAGvK, as tv:lt~c~ by s trta~n p~a^•St11~r~ ~:.,er of c~c~ cfate h.~.~-.Y~t~, of wh~r_n t:~c fc!!a•.v:r~ ~n words and I~gur~s ~s - true copy, to-wit; ~ 34 , Q00. 00 ve-~ ~~3_~,, F,,.raa. February 3: ~s 73 ~o~ vai~H.. rc.e:veai i u~ wc j,,:r~~:f s;r.r~!!r ~rc>m~s• to pay ro FlRST ffJE~.AL SAVINGS AND LOAN ASSOCIAT}O~V OF INDIAN RIVER CGUNTY, tlx sum of 3 34,OOO.QO , at its o'f~ce i-+~rro Beach, Ftar~~a, w;th interest at the rate of 7.75 aer cent pe~ a~u+um, ~n !he tollowin~ mar+ner. s 256_' $2. upo~ the first of each and e~ery m~th f~e~eafter until fhe full principal sum, w~th interest, has been paid; saio mur~thly payments s1~11 be a~+p1Sr,1 li.sr ta t~?e payment uf inttrect c+n the w~~~d i+a~ance, and then to the psyment ~f prir•cipat. This note is negot:able and if de~autt in [+svme~t ot.~vrs, msy pc ~!~cec1 the hanAs of an attorney at iaw for cotlection, in which event i or we Sgree to pay rhe costs a~ tolleetion, inelv.~ing ~ ttaSOnaLlc` dtto~re~y's f~e, and each of us, whether maker, guarantor or endorser, hereby seve~alty wai~rs demard, na!~~e of r?on•oavment and' protest of th,z ~ote. /s/ Kenneth A. itusanti ~~ai~ Is/ Lauretta_ rlusanti ~~a~~ 8~ 75.~ In the event any payme~! is not made pnor to the 20th ~ay of thc m~nth wl~e~ due, then th~s note shatl bear interest at the rare of frem the date any such payment became due a~+d thro~ihoui the ~od oi such del~nque~cy, Staie stamps paid and car+crtle.i on wig~nat of thls ~ote in the amount of ~ SI.~~ _ t~OW, TNEREFORE, the '.50RT~,q(',QR fur tF+e pu•oose of xtu~.~g the paymznt of the sa~d sum ~f ~s 34 ~OQ~:OO and the ~erformance oF tt+z c:.tr~.ants and agreer»ents hereinafter eup?ess.d, and f~ d~vers good and valua~fe conside.ations, by thes~ presents, does grant, bargain, seN, ~emist, ~elease, con~ry and confi•m unto the MOiiTGAGEE its successors and assigns, all that certain lot, piece or parcei of land, situate, iying and bcing in lt~.e Ccunry of $t. Lucie and State of Florida, described as follows: ~ Lot 10: From th~ Nor~h~ast corner of Lot 1, Block G of MARA~ILI,A HEIGHTS, as recorded in P2at Bnok S, Page 1, Saint Lucie County, Florida, run ~Q~;; 0 i North 87 degrees 54' 10" Best alon~ the iVorth line of said Lot 1., 2~0 feet; j'Ur~ O ~ ";~«~2 r•~:: due S~uth b16 feet to the Point of Beginning; thence continue •a~~ ~ Sourh 150 feet; thence run due i~lesr. to the East right of way of Sunrise ~ Boulevard; thence run Northerly along said right of way to a point that ~H~ ~tt is 150 feet due North of the South line of this parcel; thence run du~ r ~ East to the Point of Beginning. ' Si : 7r.;s :n: ~m_n: \t'ts ?r,-a-t.t ~r . ~ ~ . . L i ; s,.. 1 J. J^. ~ - m~~..- 3_,-!,[ $ ~ . iY ?'i;7jE.Yt ~ 7PJ(E$ First F=ccr.: S:.ti--~^: l~att ~ h ~ N'f C~A~'~' IA1i/CKWB~E PE~'S~?.iAl Pf~fAir~ Ass'o ct tr ~~~r~ E:~_er [.un: i ~p P'JRSWi~li 10 Gi1P1ER 71•133. lltTS OF IA~1_ 2C45-:Ith qt.=.. P p g,x i:.09 ~ i i ~ ~~W ^ ~r~ ~t~ ~ ti"~'•: F_; rh f~0?iG'~ ~~99~7 ~ .+~i~t~tit#i1~1 C[,£~#~ GAi~E~3 CQ~t?. c~p. }~L~ l j ' 3 ~ . ~ . =i ' together wrih a)1 ~r~ ssng~4a! the tenes:+Mts, heret,tits:r-~?ti 2^~ a~iu~ltrsi^-:it tF<<:eu^t~ .';e.'~ng~ng o+ in any~v:se aap9rtainin~ t:~e:e•`, ~nr1 s?' ::.nt~, «,sues. Rs•;e.tifs arsf L+cc:c:s ~~c~u~n= a:xi :a ~*us d:.r++ }~,•:-;3:se~. cf v.hien are ~rr_lu~:d in the d'UO.° and fOrCg7ing d2• ~ipti~n ar?d ha~r.:!-un ~ TO i-tAY£ A,':~J Tp i-i0~0 the a~sro ~.c~~-3 a~d ~s-~~+:-eY•zc ;:.~.o >a:.~ MUKi~,AGEE. ~ts successon a~s;1 ass:gys ~orever. ; ~:1 !he said ~ri:.~it:w'~~R f~r C~i~li' tieir;, e~.~~ ~{-}--#~ri arugns, h:.i~-, lv.•aRalf:15 .~!th tr.~ sa::S :."Jur'~:.'..~E. its S~tces• t ! ~xs ~ asu~~, ~ar they are- ~,,,,;u;;~ x•_~v ._f i,_~;,: f_e s~mpfe: tcw. the same are free. dear and die i ! _ E _~w~~ed f~cm ati i~ens and er~arnbrances in !aw or in e~ty, s:.~ ;:-•r t~e}? wtE! and their ~;.5 shall warrant ana ~ Cid'^~d t~ titk to tne same to the said MORTGAG£E, ,ts s:r.cess~s snd ass~gns, 3wcnes against the tawful claims and demands of all persons: PROVIDEO, /1LVti'AYC •hat if the i~A0i2TC.l~.~,OR shall pay unto rne MORTGAGEE the prom~ssory rwte hereinyefore desc~ibed. and ~ shall truly, prornptly arsd fuicy p~yiw~ei, ,~u.-.:rge, exrate, cornplete, Cornply w~tF. an~ ab~de by cach and every the st~pu!ations, agreements. cor.3~tians and core.wnts of said promiss,^,ry note ar+d of th~s Mat`age, Ynen th:s M~tqage and rhe Estate hereoy created shall cease and be ~ .~.il and vo:A ~ FT !S Ui:DERSTf~D ihat thc wor~ "?.fortgsgr.r" wheti.cr i!~ irv! singul:r o. p:ural anywhere ~n this Mortgage, shall be singular i` one c~:y and ~~a'1 be ~tura! jcint~y en~ sevcralty rn,re than one. ar+d t',a~ trr "Their" as used anywhere in th~s ~tor!gage shall be taicn mcan ""h~r," cr "its." :~':r.c:cr tnc czrae~: so ~mpl~ts or adm,fs. Ako, that wherever there +s a relereace in the covenants and ~ agree~--n;; t,ereir. c_~tained t~ a,-.y of the partvs hereto. t}.t sarne s1Lt1 be ecr>trued ro mean ai we~l as the hei:s, tegal representatives, suc- ~ cess~~: ~.^.d ass~gn: :he- vo;u++tary by act ui the part+es w u~.~lune~ry b~ operai~o~ of the iaw? of the same ar.~ tnat the covena~ts here~n ~'^?a.^°~ ~r^•± !^p :,~•n:+~:c .,•~.l ~d~an:ages ~*w~e to s•.F r~~yecnve he,rs, ~egal representat~ves, succ~~zsors and ass~sns of tF.r ~e_~,.,_ ~ ~ri. ~a~~ ~:~;:s'a~::,rs. ~%r 'n£t•^•SfItiCS and ti~e+r he,rs. lpget :ep~r.stntahves. success~rs andassigns. ?~,rreby ~ointiy an-f seve+aily cove~ant i an~ JgrCe :o and n:th thc sa~d ~40~TGAGEE. ~ss wceescors ar+d a>s~gns: i i T~ ":.q ait e~ :,:n~uiar t~e pnnc~pa; and ~nte~esr ~nd t~r .eriaus ar+d s..ndry sums of m~ey ~ayable by v~:tu~ of s~id prem~;~.~-, ;,;,tr, e. ~ach and ever r~„ n an tne da res~t .e~y the same severall becomr uu.~. ~ ...,:;g:.b Y D a~. YS Y i o pay ail an~ sin3u:.~t tM !a+ceS, assestmenrs, t.'~~es, Iia~ilitieS, obLgat;ons and inCUmbrances of every nature and kind now on h~~d dexn;,ed pr~pPrt~, cr t~at :~rrcai!~r rnav be ~m~;,yr~, s,~ffered, p'acrd, lev~ed, Or assessed thereon o. that hereaftcr may be fe~~ed or ; ~.->e~~~•o up~n t~~s ~iortgage, o~ rhe ,n;iet,reCncss secu~ed }+e~env, ea:h and eve.~, when ue an~ pavable act~~ding t:~ ~v, before tnr_y b~- E =:-n~ ~~Ln~~u^nt, a.~d '~ef;,~e an~ ~r,tirest attach~-s x:ny pe•~al;y is ,ncurr=~; and ~nsofa~~ any ihereof is of •ec~rd t~~e same shai~ b~ prumpt~~ s •~hsf~eci ancf d.=c!~arce~ cf r~-cc-d and ~^r :=~Q~na! offic~at dx;sr~nt ::uc•~ as. }or ~r„tance, rhe tax receipt cr the sati~tacti~n p:+~r ~f':~ra!Iti~ I end~rsed or cert~fiea~ s~a~! be p~acrd m t!?e hanls :,1 sa~d 1Jit'3itT~A~~E vv~tl~~n ten da~ next afi.:r p.~yment• and in the event that any ther~pf ~ n~t sanzr:ce and d~sCha•ge3. sa~~ MORT.,R.r,EE msY a+ a~:• t~mr pay the same or anY Fart thereof without waiving or affetting an•~ ~ :~t~~n, f~cn, cawry, w r~ght ur.~e~ vr by ~~rtue :,f t?~rs 2~!_:'i..at. ,:nd f`=e rul; a:rx_.unt of each ar~d evcry suth payment shaf! be immed~ate~y ~ d~e an~ porat'e and s'~al{ xar mte:est frxn tht dare t.~.~c•f ;sr.t+l pa:J the rate e1 7.75 ;.e~ centum per annum and togeth~r .v,!n such interezr shall be ;_~curcd by t?+e l•en of ~h:s ~w*teaQe. ' 3. To p:r_e and c.nr~~u,~rsiv keep on rhe t,urld:ngs ~+~w or nereafter srtuate-i !a:~d and on a~t equipment and pe~sona~ty c_:~ ~ ~+e~ b~ th,s m~ rRaSe. .v~!h ar~m~;ims f%irrecr~ pa:d ~n tu:l, fire inwranca ~n the usua~ STJf1CIJr~ p~I;cy form, m a sum appro~ed by ~'~c '."OrZT~.aGE. a~d tor.~ad~ ~nwrance fn tt+e uwxl ssar+cL~rd p~:,ctir f~m,in a sum :pproved by :he MORTGAGEE, in such company ~r companies 3 .~s tHe A!rJ~TG.~GEf ^~~y d~rect; and al! f~re and to*nad~ ~nsurance ;,~t~c:es o~ a~+y o1 sa~d b~iid~r.gs, any interest !herein or p.3rt thereof, in ttie i agg~e~ate sum afor~sa~d or in excess thereof, sfvil canra;n th~ vsuy! star+dard m~rtgagee c~ause c. such othe~ ctause as the Mor~gagee mav ~ re~u•.e. ma~mg the !oss under sa~d pot.c~es, each ~r~d e~err, ~ysyk to sa~d Mfli2TG~?GEE as its inserest may appear, and each ar.~ every S~Kh ppl~~y q~N be~p;;~plly assigneA and ~livered to an~ F+e1d i~r sa+d l.1CRTCAGfE as (u*t-er secur~r~• t~ said ~r~.--~~~ ce debt, a~d, n~: ~ ~ess !r+an tr~ t 101 days ad~ance of the expr.at:on of exh p~lity, ro dc~~+~e. to sa~d IbtORTGAG:E a renewal t~e~eof. • .ose:i~er with a reeeipt ~ for ~F,e prem+.~m oi wci+ renewal; and tl+ere s?v11 be n; f~re o? torn~:f~ ~nw~ar+ce placed c~+ any u4 sa~~ bu:' 1::itis, anv +nte~est there~n or ; part ttier~ ~:rk-ss i~ the fa.m ar+d w~th thr loss payable as afresa;d: ar?d in the eve~t any ~um of mcney t,eccmes payabte under >:s_h E - - c s-• ' . ` ?qr;K~~~ ~ I . ~ _ - _ - - - ~ , - - - f ~ _ . - ~ . _~t,~, : . . i.. 4W 19~ `d~