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Home My WebLink About0038 ~r'f.7~.70 - THIS INDENTURE, M~ th~ 14th ~y ~f February ~1.0. IV?3., b~wvNn Thomas W. Petri~lo and Blizabeth P. Petril},Q_ hj;,~f~ of • uC @ tovnly Florida, ANtinaft~r d~signa?ed as th~ •'MORTGAGpR;' and fIRST FtDERAI SAY!VGS ANV ldAt~ ASSOCIATION OF FORT PIERCE, • cwporation oryu~is~d and ~xi~lup w~da tF?~ I~w! of tM U~it~d Sr~t~s of Mn~~iu ~nd f~avinp ib ~Yncipal pl~;~ of busin~a i~ tIN City oi Fon Pi~rc~, S~. luci~ Cou~ry, Florida, heret~+sit~r dtsgoated as th~ "MORTGAGEf." WHEREAS fM MORTGAGOR Is jwtly i~bT~d to tM MORTGAGEf in the ~um of i 17 ~ 000• ~ , good and lawfvl nwnsy of the t)n~ted States advanced by ths MORTGAGEE unlo ths MORTGAGOR, as evidenced by a certain promiuwy note of even dats herewith, of wli~ 1ht foltowinp in = 1' ; ndw _~.?OO • trw topy. tpwit: UW ~ ~~1000030 r•«~ v;~.n, Fio.~d,, Februarv 14, 19~~ For valut ~eceived, l, we a cithe? of us, promix to pay, without defalcation, to the wda of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE af Fort Pierce, Fbrida, the sum of j 17~ 00~• ~ with interest frem date at the rate of 7• 7~ per an~um, in monthly install- ~nents as follows: s 129. ~ an ~Ae l~t~y a{ Apri 1 ~ ~q 73 and a like sum on the co~responding day of each month there- after until the whole be fully paid. Each installment first sha(I be applied in payment of ths interest and then on the unpaid balance of ti~e principal sum. If default is made in the payment of a~y installment when due, and suth default continues 30 days, then at the option of 1he holder, and without sny other notice, all the remaining ~nstallments shall be due and payable at once. Privilege ii give~ to prepay this rate in whol~ w in part a1 any t~me without penalty. Ne~rher fwebearance. n~r acccptance by the holder thereof after any default in ~ny payments hereon, shatl be deemed extension. A late payment charge of s 6. 45 shall be added to each installment remaining unpa~d 7 days after ita due date, and a like sum sha~l be added to each s~ch installment remaining unpaid 7 days after each succeeding paym~nt date. Each maker, surety and endwser hereof, joinlly ~nd severally, waives demand, presentmenl protesf a~d notice of protesf for nonpayment, and furthe~ agrees fo any extensipn of t~me of payment, either before or after maturity, without notice to any of us; and to pay all costs of collection, inctud~ng a reasonable attwney's fee in the eve~t of any defau~t hereunder, and hereby severally waives afl benefit of homestead and exemption under the constitutan and laws of each State of the United States, as againsf this obtigation or any exeensio~ or renewa! he?eof. Witness the hand and seal of each party. S/ Thomas W. Petrillo ~AU S/ Elizabeth P. Petrillo $25 . SO - ts~xU e~~~ue ~e) NOW, THEREFORE, Ihe MORTGAGOR fw the purpose of ucuring p~yment of said sum of = ~7 + , and the perfwma~ce of tM covenants and agreements hereinafter expressed, and for divers good and valuabte consideratioos, by these presents, does grant. 6argain, uIL remise, releau, tonvey and confirm unto the MORTGAGEE, its successors and auigns, all that certai~ lof, p'~ece or parcel of Isnd, sifuate, lying, aed being in the Couny of St . Lueie ~ State of Fbrida, dewibed as follows: The West 91 feet of Lot 13, Block 4, of the replat of PALM GARD~NS, as per Plat thereof on file in Plat book 12, page 42, of the Public Records of St. Lucie County, Florida. . . . . . . . 1l1 P~~ ~RtY. . 3~. ~ ~ tti~A~~~3e. 5 f~, ~ ~ 00 MEN ARY~ ~T~AMtni A' ~p1?o ~ aP~ _ , ` : ro.. ~EPT. oi REYENtI~ _ ` F''U~ „ _ . + ! , ` ~ ~ ~ ~ ~ ~ ilARf~'T~ ~ ~7. ~ O ~ C-~-~ ~ '(O~ w ~ ~ ~ ~ n/et' tagether with sll and aingutar the tenemenfs, hereditiments snd sppvruexes thereunto belo~ging w in anywise appertsinirg thereto, snd aU reMS, iuues, ' prxeeds and profits xvuing snd to accrue from said premises, all of which are included in the above and foregang description snd habendum. TO HAVE AND TO HOLD tF~e above desuibed and granted premises unto the said MpRTGAGEE, .its wccessors and auigro fwever. And tM said their MORTGA R for heirs, exec~tors, administrators snd assigns, hereby covenants with the said MORTGAGEE, its suttesso?s snd aui~ro, rhat -~ey are ~awfull u~zed of the said y premises ~ fe~ simple; that the ssme sre iree, c(ear and dixharged from all liens and eix~m- brances in Iaw a in equity, and that they W~~~ a~ t~ieir shall warrant and defend the title to the ~ame to the asid MORTGAGfE, its successors and auigns, fwever aga+nst the lawful claims and demsnds of all persons; PROYIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuoty note hereinbefo?e desvibed and sh+ll truly, promptly and fully perform, diuharge, execute, complete, comply with and abide by esch and every the stipulations, sgreements, co~ditions and covenants of s~id ` promfuory nate end of this Mortgage, then thif Mortgage and tbe Esrsfa hereby ae+ted shall cease and be null and void. IT IS UNDFRSTOOD lhat the wad "Mwtgagor" whether in the singular a plwal snywhere in this Mwtgage, shsll be si~gulsr if wie only and ~ shall be plural jointly and severally if more than one, and that the word "their" ss used snywhere in this Mortgage ihall be taken to mean "his," "hen," or "its; ' wf~erever the context so implies w admits. Also, that wherever there is a refe~ence in the covenanri sns) agreemenb herein confained to sny of the parties Ixreto, the ssme shall be construed to mean ss well as the heirs, legal representative~, successors snd assigns (either voluntary by act of tl~e parties w imoluMary by operaYan of the law) of the aame and that the covenaMS herein contained shall bind and the benelits ard adrantages jnure to the respective heirs, kga) reprexntatives, successon"a~?J au~gns of the p~rties he~eto. And said Mwtgsgon, for themselves and their heirs, legal represematives, sutceuors and auigns, hereby joiMly and sevaally covensnt and agree ro and with the said MpRTGAGEE, its successors and auigns: 1. To pay all and singvlar the principai and i~terest a~d the various and sundry sums of money payable by virtve of ssid promissory note, and tbis mortgage, essh and every, promptly on the dsys respectivefy the same severally become dve. 2. To pay sll and ~ingulsr the ts:es, assessments, levies, {iabilities, obligatiwu snd encumtxsnces of every nature and ki~d now on said described property, w that he~esfter may be impoted, sulfered, placed, levied, w assessed thereon, w th~t fiereafter msy be kv7ed w ~ssessed upon this Mortg- age, or the indebtedness secv~ed he~eby, exh and every, wAen dve ~nd psyabte, according ro law, befwe they become delinqueM, and before any interest artaches o? any penalty is inturred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAtI BE PROMPTLY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGINAL OffIC1Al OOCUMENT (S!)CH AS, FOR IN5IANCE, THE lAX RECfIA~ OR THE SATISFACTION PAPER OfFICIAIIY ENDORSED OR CERTIFIED) SHAII BE PIACED IN THE HANOS OF SAID MORTGAGEE WITHIN TEN OAYS NEXi AFTER PAYMENT; and in the eve~t that any tlxreof is not paid, sat'sfied snd discharged sa:d MORTGAGEE may ~t any time pay the same o~ any psrt thereof withovt waiving or affecting sny option, tien, equify or •~qht under or by virtue of this mo?rgage and the full ~mount of each snd every such psyment shsll be immediately due and payabk snd sMll bear interest ~~an ihe date thereof until paid at rate of nine per centum per annum and together w~th such int~e~rsfy~(I~e seccred by the iien of th:s morgtpe. oo~~. , .u:i ~~1~ ~8 L '~~f~. .~~~~T`~y~~~ Ir.~~ _ _ ' _ ti:r .1~~~;~Y'~~~w ~ F , ~ {