HomeMy WebLinkAbout0042 l~i?`~~7~7W
THIS INDENTURf, Mad~ th~ Z~h dey of ~ J~s+a?ry A.O. 19
73 . betwNn 1
- PsaaualQ Aiello and Ros~ Maria Pasqualej his wife ;
St. Lucio ?
ot Couny Florida, lk~einaftp d~iiqoated as the "MORTGAGOR;' ~nd FIRST FEDERAI SAVINGS ANp LOAN
ASSpCUTION OF fORT PIERCE. a torpaation oryu?i:ed and ~a~~~inp w~d~~ tM laws oi tM United 5tat~~ of Am~rica a~d Mvinp in p~incipal pl~c~ of '
busiMas M tlw City of fwt Pi~rc~, St. luci~ Counry, flwida. M~einatter deiipnar~d a tM °MWRTGAGfE."
WHEREAS tM MORTGAGOR ia j~itly indebf~d ro tM MORTGAGEE in the ivm of s 2~ ~ pood and lawful mo~y of tM United
Sratet adwnced by ths MORTGAGEE un~o ths MORiGAGOR, as evidenced by a certain promiawry not~ of evs~ date herewith, of which the foilowir~ in 4
= 2O' _ _ ~q.re~s ~ t~w copy. ~o-wit: . .
~O~ No 100193a0
fort Piarc~. Florida, Januar y Z~ 19.T.~
Fa vslue ~eceired, 1, we a either of ~s, promise to pay, witF~out defalcation, to ~he wde~ of FIRST fEOERAI SAVINGS ANp LOAN ASSOCIATION OF
FORT PIERCE at fort Pieres, Pbrida, the svm of = 2O ~ w;th interest irom date at the rate of 7~ 596 per annum, in monthly inctall-
ments as followt: t I62 on the l~thday o{ ~Y 19 73 and a like sum on the correspond~ng day of epch montl~ the?e-
after until the whole be fully paid, j
Each installment first shall be applied in psyment of the interes? and ~hen on tF?e vnpaid bslance of ~he principal sum. If default is msde in tfie
payment of sny installment when due, and such default contin~xs 3p days, then at the option of the holder, and withoul any other notice, all the remaining
' ~nstatlme~ts shall be due and payable at once. Privilege ii qiven to prepay this note in whote or in psrt af u?y fim~ withouf penalry. Neifher forebearance,
nor acceptance by the holder thereof after any default in sny payments hereon, shalt be deemed extension, A late psyment charge of S B•1O , shsll be
added to each inatallment remaining unpaid 7 days afte? iri due date, artd s like sum shall be added to each such installment remsining unpaid 7 dsys ~fter
~ each :ucceeding paymem data
Each maker, surety and endo~ser F~ereof, jointly and seve~ally, w~ives demand, presentment p~otest and norice of p~otest for norepayment, and funher
ag?ees fo any extension of time of paymcnt, eithcr before w after maturiry, without notice to any of us; and to pay all costs of collection, including a
reaso~abk attwney's fee in the event of a~y default hereunder. and herrby severally waives att benefit of homestead and exempY under the constitution
and taws of each State of the United States, as against this obligation o~ any extens~o~ a renewal he ` ~
~ Witness the hand and seal of exh pa~ty. ~i4 ~~~`~~iG7
rrl~
s a ua Ai ~
~ cs~?u
_s/ Rose Mari~ Aiello ~i~
, ,
~ $30.00 a State Reventro
~ (S~ew~R.o~nnl{~iMr.wi~iwaiw~t~~
~ NOW, 1HEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of s 2Os~0~~ ~ t~ p~pr~~ of ihs
covenants ~nd agreements hereinafte? expreued, snd tor dvers good and wlwble co~siderations, by the~e presents, does grant, barpsi~, sell, ?emise,
? releass, convey a~d confirm unto the MORTGAGEE, its succcssors and suigns, all that cert~in lot, p'~eu w parcel of Iand, situate, ly'ug, and being in the '
~ County of $t. Lueie sad State of Ftorida, dcwibed ~s fdlows:
Lot 6, Block 7, ?HtR?~ POINT, as per plat thereof on
file in Plat ook 10, Page 79, of the Public RecoYds
of St. Lucie ~ounty, Florida
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fogether with afl a~d singula~ the tenements, hereditaments and appurtsnces thereunto bebnginQ or in ~nywise appertaining therefo, and all renb, issues,
proceeds and profit: acaving snd to scc?ue from tsid prem"ixs, all of which are included in the ~bove and forcyoing descr;pYwn and habendum.
TO HAVE AND TO HOID the above desvibed and gra~ted premises unto the said MORTGAGEE, its suaesson ~nd astiyns fwewr. Md ti~e said
MORTGAGOR for theiZ ~~~n, execwon, administraton and asiigns, hereby coven~nb with the said MORTGAGEE, its woceswrs and assiprp,
fhat they are ~~~ully te~zed of the said prcmises in fee simplr, that the same are free, cka? snd discharped from dl liens and encurrt
brancp in law or in equity, and that they wilt ~nd their hein shd! wurant +nd defend fYie tqk to tM wne to 1M taid
MORiGAGEE, its successas and suigns, fwever sgainst the lawful claims and demands of sll persons;
PROVIDEO, ALWAYS thst if the MORTGAGOR shall p~y vnto the MORTGAGEE tF~e promiuory note hereinbafote destribed and sF?a11 ~ruly, promptly ;
and fully perform, dixharge, execvte, compkte, comply with and abide by exh snd every rhe stiputations, preemenfs, conditiora and covenantt pf said ;
promiaso?y note and of tbis Morrgsge, then this Mwtgsge and the Estate haeby veated shall ce~se ard be null and vod. ~
IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular or plural ~oywhere in tbis Mortgage, shall be sinyulu if one only and ~
shall be plurd jointly and severally if more tM~ one, and thst the wwd "their" ss u~ed anywhere i~ this Mwtgsge sh~tt be taken to mea~ "his,•• •'hen:' }
or "it:;' wherever tF~e conte:t so implies a sdm;ts. Also, that wherever there is a reference in the covcnanri and apraemeny her~in aontainsd to any of
the parties hereto, the ssme shall be construed to me~n as well as the'heirs, kyal represe~tativq, wccessors snd auigra (either voluntary by ~cf of the
pa»ies o~ involuntary by operation of the law) of the same end that the covenams herein conteined ai~sll bind and the benefiq ~nd ~dv~Mapes inw~
!o the respective heu~, ky~l representatives, suctesson and au~gns of tF~e pmies hereto.
A++d said Mortgagws, fot themselves and their heirs, legal representatives, successon snd ~uign~, hereby jointly and severally coveewM and ~pr~e
ro ~nd with the said MORTGAGEE, its successors and assigns:
1. To pay atl and sinpular the princip~l ind interat ~r~d the var"auu~ and sundry sum~ of money paYabk by vinue of ssid promistory note. and tha
mo~t9+9e, esch snd every, p~omptly o~ the days respect~vely the tame severally becoms due.
2. To psy ~II ~nd sirgula the taxes, assessmena, lev'ies, lisbilities, obligatiau a~d encumbrances of every rnture and kind now on said dsuribed
property, p thst hereafter may be ;mpwed, wffe~ed, ptated, tevied, or ~steued thereon, or tha~ here~hsr may be levied a aiessed upon this Mlortp.
ege, or the k~debtcdneu secured hereby, each u+d every, when due ~nd payable, accordinp to law, before tMy become delinquent, ~nd before a~ryr imKesf
attathes or any penalry is inturred; ANO INSOfAR AS ANY THEREOi IS OF RfCORD THE SAME SHAII dE PROMPiIY SATISFIED ANO DISCHARGED OF
RECORD AIYD THf OR1GfNAl OFF1CIAl DOCUMENT (SUCH A5, FOR INSiANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFfICIAILY ENDORSED
OR CERTIFIEO) SHAII BE PIACED IN iHE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT I1fTER PAYMENT; and in the ev~nt that any therwf a ~of
paid, saYsfied ~nd disch~r9ed sa:d MORTGAGEE may at any time pay the same w any put tlxreof wifFavl w~ivinp o~ affectirg any option, lien, eqvity p
•~Qht undrr or by virtue of tF+is mo+tya~e and the full ~movnt of each and every such payment ~Ful1 be immedia~ely due and payabk and ihall bear interpt
~~om the date tFxreof vntil p~id at rate of n~ne per centum per annum and to~e~r~;~ ~cF1 ieliNNt llf~ll ~ secwed by the lien of th:~ mwpfap~.
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