The URL can be used to link to this page

Home My WebLink About1224 255043 ~ THIS INDENTURE, Mad~ tFi~ i~tb day of ~Yii . A.D. 19_ 7~ b~twNn Alirgd C. Coaolli and Dorotbjr. M. Co~oll~ his r+if• of Ss• l+uCi~ ~ ~ow,hr Florid+, Mr~inaffa d.sgnared tM "MORTGAGOR," snd FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE, a corporatia~ orqu~iud ud exii~inp w~der the I~ws of tM Unit~d Sta~s of Ame~k~ ~nd havinp hi prindpal pfat~ of bu~ts In tM Ciry of Fat PiKU. St. luci~ Couery~ fiaid+, Mninafta destqnated u th~ "MORiGAGFE:• WHEREAS tM MORiGAGOR is ~atty JndebMd to fh~ MORTGAGEE In tM sum of = 2O~ ~ ~~ood ~nd lawful moe»y of ths United Stata advanced by tM MORTGAGEE w+to ths 1NORTGAGOR, si svidenced by a certain promiuwy not~ of even date herewith, of which 1M folbwi~p In wads ~nd fiyures is a trw copy, to-wit: ~ 2~~~00• 00 p~p 100197Q1 ~ F«? P~.. Fi«~a.. ~?Pril 10 _19 3 For value received, 1, ws or eifher of us, promise to pay, without defalcaiion, to ths order of FIRST FEOERAL SAVINC,S ANO tOAN ASSOCIATION OF ' t FORT PIERCE at Fort Pierce, flwida, the sum of = 2~~ ~0• ~ with interest from date at tha rate of 7~ Zr76 per ann~m, in ma~thly inst~ll- mtnt~ as ~ollows: ~ 14S•~ o~ the l~h d~y of Septasber 19 73 ae~d a like sum a? the correspond~np day of e~cf~ month therr ~ a(ter uotil the whole be fvlly p~id. ~ Each insbllment first shalt be applied i~ payment of ths intereu and fhen on fhe ur~p~9d balance of the principal wm. If defs~lt is msde In tM payment of any installment when due, and such defauh continves 30 days, then at the optan of the holtkr, and without aey other notice, all the remaininp ~ ~nstallmenq shall be due and payable at once. Privilege is given to prepay thit nots in whote or in psrt at any fime without penslty. Neithsr iorebear~noe, ~ 7.25 nw acc~pfance by the holder thereof sfter sny default in any psymenb hereon, shall be decmed extension. A late paymeM charge of ~ s1+a11 b~ ~ added to each installment remainin9 unpaid 7 days after ib due date, and a tike sum shall be added to each such installmeM remainiog u~paid 7 dayt ahet i ~ r each succeeding paYment dste. ~ i ~ Each maker, surory snd endorser he+eof, joinHy and severalty, warves ~emsnd, preuntment protest arxl notice oi protest fa nonpayment, a~+d fvrther f agrees fo smr extension of time of payment, either before w sfter matvrity, without ~otice to a~y of us; and to pay all costs of mlktlion, includinp a ~ reasonable attwney's fee in the evrnt of. sny defwit hereunder, and hereby uve?ally waives all benefit of homeste..s and exemption under the cputituflon t ~ and Isws of each State o~ the dnited States, as against this obligstion w sny exte~sion w renewal hereof. ~ w~~~ ~h. ~na a~a ,Ni of ~h ~.ti. s AlfYed C Cnolli cs~U . ~ ~ s oth M Co~wlli ~ [ ~30~ 00 ) State Revenve • ~~u ~ ~S~ ~ 20 000.00 ~ti NOW, THEREFORE, the MORTGAGOR for the purpose of aecvring p~yment of said wm of i ~ . s~d the performsnes of.tlw ~ coven~nts and ayreementi hereinafter expreued, and for divers good and valusble considentions, by theae presents, does grant, barpsin, sell, remise, release, co~vey and confirm unto the MORTGAGEE, its succeuors and auig~s, all 1Mt certain bf, piece o~ pucel of I~nd, sifuate, lyi~p, and beirg in ths ~ County of St• I'UC~@ and Stats of Florid+,.desaibed as follows: Lat 8~ B1ock 544~ POR'f 5T. WCIB, S~CTION 28~ as per plat thereof on file in Plat Book 23, Page 1~, of the Pnblic Recorda of St. I.ucie County~ Rlorida - - ' . ~R ~X - ~ pF ~ S` MP ~ ~ ~ •~~y m ~pCVM N ~ - . 3 ~ ~ O ~ ~IED IN PA ~ •'z e+' fl£P~:. W,t 2Z'~~ ~ AASS 'C INTAN618tf P~~OlMRt ~ T~ N~~; PURSUANT TO f~IApTER 71•13~. ACTS Of 19~/~~~ .''.o . r ~ N~Ot . ' p~~~., pty~ R06ER ~pITW1,S ~fj7~tf r r va4lf/~ ri~nWR ~Ti ~ W4~E `^i7 • ~/L . ~ ~ - l I I i - { ' ~ together with alt ard singular the tenementa, hered'dsmenb ~nd sppuNances thereunto belwgN+p or in anywise appertaininy thereto, and all renri, iuues, proceeds and profiri accruing and to acvue from said premises, all of whicf~ ~re included in the above and foreyoinp description ~nd habend~m: i TO HAVE AN~ TO HOLD the sbove dewibed and grsnted premises unto the said MORTGAGEE, ib s~ccessors snd suip~s fotevsr. Md tht aafd ~ ~AORTGAGOR for theiY ~~n, exccutws, administrators ~nd assigns, hereby covenants with the said NIORIGAGEF, Hs waeswrs and assiprn, ~ rhat th@Y `'~Z6 lawfully seized of the ssid premises in fee simple; that +M same an free, clear and discM~ged fran all liena and sncwr~ i brances in law a in equity, and thst tbey will ~nd theis ~~n warrant and defend the titk to the sams to tM saW MORTGAGEE, iri wcceuors ~nd augra, forevcr ay~irut the lawful daims and demands of all perspq; PROVIDE~, ALWAYS that if the MORTGAGOR shall p~y unto the MORTGAGEE the promissory hote hereinbefwe dewibed and sMll truly, p?omptly and fvlly perfwm, distharge, exetute, compkte. comply with and ~bide by each and every the stip~rlatiw~s. ~yretmenri, condiYaro and twen~nb of ~aid promiuory note a~d of this Nbrtgage, then thii Mwtgage and the Estate hereby aeated sFW~I ceaie snd be null u+d void. I IT IS UNDERSTOOp tMt the wwd "Mwtgsgor" whether in the singular or plw+l ~nywhere in this Mortgage, shall be sirgulu if one onfy ~nd ~ shall be plunl jointly and swerally if more than one, sr~d that the wwd "their" as used anywhere in this Morlpage shall be tsken to mean "hit,•• •'hers;• ~ or "its," whereve? the tontext w implies or sdmits. Klw, that whereva there is a reference in the coverunri and ~preemenri herein conNined to any of ~he parties hereto, the ~me shsll be ~construed to mean as well u the heirs, ley~l r~presentatnet, succeuors and augra (either voluntary by act of tiie ~ parties w involuntary by operaran of the law) of the same and tFHt the covensn» herein contained sF?~II bind and the benefib u~d ~dv~ntayas &na~ ~ to the respective heirs, ky~l rep?eseMatives, succeswn and au~ns of the ps~ties F~ereto: W ; Md said Matg~gors, for themselves and their Fxin, lepsl representstives, succeuors snd usiyns, hereby jointly and sevef+lty covenant and apr~e ~ i ro and with the said NWRTGAGEE, in successon ~nd auigns: ~ T. To p+y all ~nd sirgvl~r the principal and inferest u~d the wri~ws and sundry sums of mo~ey p+Yable by virtue of s~id promisswy note. ~nd this !'N ; mortgage, each and every, promptly on the days respectively tF» ssme sever~lly becorn~ d~e. ~ r Z To pay ~II uid sirgular N~e taxa, assessmenn, levies, liabilit~es, obliystian ~nd ancvmbra~tes of every :~+ture uid kind ~ow on said descrd»d ~ j Rroperty, w tfut hereahe~ may be imposed, svffsred, plxed, levied, a assessed thereon, w tMt Mre~her may be lev'~ad a u~essed upon thif Mort~- a~ age, a t)re iedebtedneis tecu~ed hereby, eacfi and every, when d~e ~nd payable, accordirg to bw, before they become delinq~ent, and befor~ a~ry? Mt~rat °`p ~ attaches w any pcnaNy is int~rred; AND INSOFAR AS ANY THEREOF IS Of RKORD iHE SAME SHAl1 8E PIt01NATLY SATISfIED AND DISCHARGED OF ~1°0 RE~ORO AMD THE ORlGINAL OFFICIAL OOCUMENT (SUCH AS, FOR 1!dSTANCE, THE TAX REGEIPT OR THE SATISFAC710N PAPER OfFIC1AlLY ENDORSED i OR CERTIFIE~) SHAII 8E PLACED IN THE HANOS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in ft~e event thst ~ny thereof is not f pa~d, sat'sfied and discharged sa:d MORT6AGEE may a1 any time pay the same w any p~rt thereof withovt wsiving or affectirg am option, lien, eqvity a ~ M under w Q by virtve of this mortgsge snd the full amovnt of each and every such payment sMll be immediately d~e and payabk and shall bea~ iMaest kpn the date thereof until paid at rate of nlne per ce~tum per annum and toyether w~th such intereat thall be tecured by !he litn of th:s motpt~pe. ~ i ..s~~ . ~ . ; ~ ~ ~ - s~ 't<~-F~~~ y~,'~ .