HomeMy WebLinkAbout1202 THIS INDENTURE, Nl~d~ th~ day pt ~~h A.~. t91.L., b~twta+ j
Joseah V. Russo and Anna F. Rusao, hia irife,
of T~`~!~ , Cqm~y p~p;~~ ~~jMfiM d~signa~sd ~i tla "MpRTGAGOR;' and FIRST FE~ERAL SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCE. ~ torpw~tio~ ap~nistd ~nd ~xatirg vnde~ IM lavw of tM Unit~d Su~N of Am~rica ~nd Mvinp it~ principal pl~c~ of
busu»as M tl~ City of fwt Pi~ra. St. luci~ Cow?ty: Flaida. lw~inatta daiyn~t~d ~s tl~ "MORTGAGfE.••
WHERfAS tM MORTGAGOR ts jtntfy tndtbt~d to tM 1NORTGAGEE in tl~ sum of =~,~2~~~ „~ood ~nd lawful money oi the United
Sut~s adv~nc~d by tM MORTGAGEE unto th~ MORTGAGOR, ~s evidtnced by • certain prom~ssory note of even da~e herewilh, of which the followinp in
wads u~d fipury is ~ trw copy, to-wit:
~ s-.2~..~00-~ loo~t9615
1~, . Fort Piert~, Fiwida, March 23 ~ 19~
For vilus reteived, 1, we or eithe? of ua, promise to p~y, withoul defatca~ion, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIA110N Of
~ ~s t~
~ FORT PIERCE a1 For1 Pierce, Fbrid~, tM sum of : 21-2~~~ w~th interest from date at the r~te of L•~ %
t- psr ~nnum, in moMhly instal{-
ments u follows: = 1 pn tF~e ~.~i~l ~y o{ A1~1K118tr . 19~ and a like sum on the corr ~
espond'np day of esch month ther~-
after until the wF+ol~ be fullY p~id.
Each in~tallmeM firit ~hall be apptied in paymenr of rhe intere~t ~nd thcn on the uopaid balance of !he princip~) sum. If default is mad~ ie th~
~ paymero of a~y installmeol wl~en dua, and such defauh continues 3p days, then at ths opfion of the holder, and without any other notice, all the rem~inirg
` ~nsratlmenti ihall be due and payabls at onca Privilegs is giren to prep~y this nots in whole or in psn at any time with8ut penalty. N-eit.~her
~fwrebearance,
nor accept~nce by tl+e ho(der thereof after any detautt in any payments hereon, sha0 be deemed extension. A late payment charge of ~p shsll be
added to euh inslallmeM remaining ~npaid 7 days after its dw date, and a like wm shall be added to each s~ch ina~allment remaining unp+id 7 deys after
~ each s~cteeding payment date.
E~ch maker, surety and endaur hereof, jointty a~d teveralty, w~ives demand, presenfinent protest and notice of protett fa? rwnpayment, and funher
~ agrees tu ~ny extensan of time of payment, either before a aftcr maturity, without notice lo any of us; and to pay all costs of collectioe+, includirg •
~ reasonabb sttwney i fee in the eveN of sny default hereunde?, and hereby severally waives all benefit of homestead and exemption under tl~e tonsfitution '
and tava of each 5rate of the Unired States, as againsf this ob7igation or any extenaion or renewal hereof. - i
~ Witness ths hsnd ux! seal of esch party.
~ S/ , osenh V. ~sse ~U
, • (SEI?U
~ Anna F. Risso c~y
u ~au
( ~ 80 ) Sqte Revenue
~ (6Mwnp~'e~11~d'a?~e1~ln~wety
NOW, THEREfORE, the MORTGAGOR fw ths purpose of securing psyment of isid wm of : 21.2~Q.~ , snd the performance of ths
covenants u+d ayreemenn hereinafter expre:sed, and for divers good a+nd valuabk cons;derations, by the~s presents, does yrant, barp~in, sell, remiu, '
retease, convey and confirm vnto the MORTGAGEE, ib succeuws aod iuigns, all that certain lot, piece or puul of land, situate, lying, and being in ths
Cotinty of - St •~ICi~ ,~nd Stste of Fbrida, described ~s follows:
Lot 32, Eiock 3126, PORT ST. LITCIE, SECTION l~5, as per plat thereof on file in Plat Book
].6, page 25, Public Recards of St. Iucie County, Florida,
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rogethtr wirh all and singular the tenements, hereditamenri snd sppurtsnces thcreunto belagirg w in anywise appeA~inirp thereto. ~nd a0 renb, iu~es,
proceeds and profin accr~inp snd ro scvue from ssid premises, all of which are included in the above snd faegoing description ~nd habend~m.
TO HAVE ANO TO HOLD the sbove dewibed ~nd ynnted premises unto the s~id AhORTGAGEE, ib suocessors ~nd assq~ fwever. Md tl+~ ~aid
MORTGAGOR for ~r~~T heirt, executon, sdminiilntws and atsigns, hereby toven~nb with the said MORTGAGEf, its succestors and ts~ipra,
rhat ~~I~ - lawfully seaed of the said premises in fee simple: that the ame are free, ckar and d"+uha~gsd from all lieru and encvrr~ ~
brances in law o~ in equity, and thst_~tt+.~._ will and their FieNS shall wi?rant and defend the titk fo the s~me to tFw s~id
MORTGAGEE, its avccessors snd au7gro, fwever sysiiut the Iswful cla"uns and demsnds of sll persorqj ~
'PRQVI~ED, ALWAYS that if t1u MORTGAGOR sMll p~y unto the MORTGAGEE the promissuy note hereinbefote described ~nd aMll ttuly, promptly
ar+d fully perfwm, d~scf~+?~e, execute, compkte, comply with ~nd abide byr each and every the stipubtions, agreements, conditipfs and COVen~nls Of Nid ~
promiswry nott ~nd of this Mortgsge, then this Mortyage snd the Estate he~eby aeated shall ceass and be rwll and wd.
IT IS UNDERSTOOD thit the word "Mat~~gw" whether in the singular or plwal anywhere in th~s Mort9sge, shsll be sinyvl~? if on~ only and
ihall be plur~l joimly and sever~lly if more tha~ ons, and that tfx wwd "their' as used ~nywhere in this Mwt9age shall be tsken to mean "hb;
••'i~ers,'•
or "i»:' wherevn the wmext w implies a sdmits. Also, that whereve? there n a refaence in tM coven~nb and ~preements herein oo~tsined to any of
rhe pa~ties hereto, the sam~ ahstl be to~strued to mean as well as the hein, kgal rhxesentatives, successws and auigro (eitl~e~ voluMary by ad of tl» ;
part~ or irrvolvnt~ry by operation of the !aw) of the same and tF?st tl~e corenants herei~ cont~ined shall bind ~nd tM benefiri ~nd advantapes in~n i
ro tM rapsctiv~ F~eirs, ky~l represe~tatives, succeaon and au~pns of the parties hereto. ~
Md said Monqaqws, fw tF~emselves snd their he'as, leysl representstives, succcuon and aaiyro, he~eby jointly and sevarally cover?~nt snd a~ree
+o and witfi tFw ~aid MWRTGAGEE, ifs wcceuors ~nd ~uiyns: ~
1. 1o p~y aN ud sirgvlu tFw pir~c;pal and inte~est snd tiw v~riovs ~nd sundry sums of money paYabk by vinw of said promisswy note, and thit
mortype, e+cl+ ~nd w~ry, promptly on tM days respectively th~ same sev~rally becoem due. ~
2. 1o pay ~II and sirg~rlar th~ taxes, as~essm~nn. Iwies, liabilifies, obliystans ~~d encumbrances of every nature ~nd kind now on said descr,'bed
P~~hl, or he~eaNN m~ b~
Y ~Pa~d. wff~r~. Pbced. Isvied, or awsrsd the~eon, a tl~at he~eafta may b~ levi~d or asse~~ed upon this Mat~ i
sfl~, or fh~ indebqdr~s securad har~bY. ~xfi ~nd ~vay, wMn dw and payable, aaord'u+p ro law, befwe they becane d~li~qwnt, and b~fon any iMerest ~
attethes w sny pt~alty i~ inturred; ANO INSOfAR AS ANY TMEREOF IS Of RKORD THE SAME SHAIC dE PROMPTLY SATtSF1ED AND OISCHARGfD Of ~
RECORD AND THf ORIGINAL OFfIC1Al OOCUMENT (SIKH A5, FOR INSTANCE, THE TAX RKEIPT OR THE SATISfACTION PMER OffICIAILY ENDORSED
OR CERTIFIEO) SHAII bE PIACE~ IN THE HANDS Of SAID 1NORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that any thertof it not
pud, s~rsfied ~nd discharq~d sid MORTGAGfE nwy ~r ~oy rime psy the same p any parr the~eof witFwut wiivinp w affedinp any option, li~n, eq~ity p :
•;aht unde~ or by vi~tue of this mortyaqt ~nd th~ full ~movnt of e~ch and every wch payrrKnt shall be inwnediatel~ due snd paysble ~nd shall bear inte~at F
~.om ~1w dat~ ther~o( unril pa~d ~t r~re of n~rN per c~ntum p~r anrwm • 6
~e}~r~ i~~~l bt secured by tfx Iwn of th:s mu9tape. ~
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