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HomeMy WebLinkAbout1445 ~/vv~.vfrl ~ 1HIS INDENTURE, Mad~ th• 21St T day o{ Mdy/ A.D. 19 73 bttw~te~ Tom I{. Galouzi s and Caro . Ga ouzi s,• i s wi e of t. Lucie ~p~~~y Florid~. Flt/fiMftN d~~g~+ted ~s tM "MORTGAGOR;' and FIRST FEDERAL SAVINGS ANO IOAN ASSOCIATION Of FORT PIERCE, ~ cwpaation orpa~ised and ~xistinp undK 1M laws of the Unit~d Sut~s of M+~~ic~ ~~d Mvinp iri princip~l plau of busiMa in th~ City of Fwt PiKU, St. luci~ County, fbrida, Mrtin~fi~r desipna~~d as tM "MORTGAGEE." ' WHEREAS tM MORTGAGOR 4 justly ind~bt~d to tM MORTGAGEE in the avm of = 17 , 6O~ good and lawful money of the United ~ States ~dvanced by ths MORTGAGEE unto tM lMORTGAGOR, as evicknced by a cert~in promiuory note of even date herewith, of which tM followinp fn : ol~'~~~u.K y a trw copv, to-wit: ~ 11000076 W ~ Fo.~ P~.~.. Fia~d+. May 21, ~ 19~3 ~ Fw value received, 1, we w either of us, promise to pay, witFa~t defalcation, to the wder of F~RST fE~ERAI SAVINGS AND IOAN ASSOC~ATION OF FORT PIERCE at F°~ P' te, florida, the su 17 6O~ w;th i~~st from date at fhs r+te of 8 % pe?~annum. mon~hly install- ments ss follows: ='4~ on the~~t day of u y- - 19 and a like sum on the cwrespor?diny day of exh month therr ~ afie~ until the whole be fully paid_ Eath installment first shall be applied in payment of the interest and thcn on the unpaid balance of the printip~l wm. If default is mads in ths payment of sny installment when dve, and s~ch default continuei 30 d~ys, thr+ at the option of the holder, and without any other ratice, ~II the rem+ininp fnstallments shall be due and payable at axe. Privile9e i~ given to prepay this note in whole a in part +1 any time without penalry. Neither forebearaote, ~ nw atteptance by the hotder thereof after any default in ~~y psymenb hereon, shsll be deemed extension. A late payment charge of = 7_-,4O thsll bs added ro each installment remaining unpaid 7 days after iri due date, and a like sum shsll be added to eath such installment remaining unpaid 7 days affer each wtteeding payment date. Each maker, surety and endorser hereof, jointly and severally, w~ives demand, presentment protest and notice of protest for nonpayment,. u~d furthet agrees to any extension of Yune of paymcnt, either before or after maturity, without notice to any of us; s~d to pay sll costs of rnllection, includiny a ~ reasonabk attwney i fee in the event of any defsult hereundet, and hereby seve~ally wsives all benefit of homestead and exemption under 1he mnstitution ~ and Isvin of each State of the United States, ss against this obligatan or any extension a ~enewal hereof. ~ ~ Witneu ths Fwnd and sea~ of each party. S/ Tom H. Galouzis ~ . . . cs~?u . ~i ' ~ ~ . S/ Carol S. ~ Galouzi s ~y ~ $26.40 ~ - State Revenue ~ Y ~aYn~~i~~ X NOW, THEREFORE, the N10RTGAGOR fw the r of_sec~ri ent of ssid sum of s ~ and the performsnce of tla P~ PoM ^9 P+Ym 17 6~ ~ covenants sr+d agreemenn hereinafter expressed. and fw diven good and wlwble consideratio~s, by these presenta, does grant, barysin, sell. remise, . i ~ release, convey a~d confirm unto the MORTGAGEE, its succeuors and +ssigns, all that cen~in bt, pieoe w pucel of land, situat~, lying, and bsinp in ths ~ County of St . LLiCl@ and State of Pbrids, desuibed as follows: ~ Lot 8, Block 2, Replat of SUNSET P_ARK SUBDIVISION, as per plat thereof ` recorded in Plax Book 11, Page 28, of the Public Records of St. Lucie County, Florida. ~ t i ~ ~ DOCUMENTA Y . ~~T~~AMP~I A j ` ! c°~ ~ OEPT.OF REYENIIE s ` ' , s.- N = _ s• ~O - ' P.~. - KAY2a' ~ ~ 0 ~ ~ o ~l1102 ~ . ~C~~ • ~ ~IN PAYMENT OF 7AXES C INIANGIBIE PERS~~ P~fR~'1, Pl1R~T 10 C1U1PjER 71-13;. lIG7S OF 1811. . pp~Elt r01TRAS (~RK C1Rt~tIT OWRT~ ST. WCIE 00, Fu _ ~ rogether with sll and sirgular the tenements, hereditaments ~nd appurtances thereunto belongirg or in anywise appe~tainirg there% and all renb, isaves, i proceeds and profib uuuing and to acvue from said premises, sll of which are included in the ~bove and foreparg description ~nd h~bendum• i TO HAVE ANDtR~~ the above desaibed a~d gnnted premises vmo the said MORTGAGEE, its svaeawrs u~d ~ugns forewr. Md th~ s~id } MORTGAGOR for - heirs, e:ecuton, sdministratws and •uigr+s, hereby covenanfs wilh iM said MORTGAGEE, ifs waesfors and assip% ~ they are ~ rhar lawfully seized of the said premises in fee iunple; that th~ ssme are frae, clear and dischsryed from all Iiem and ancurr~ brances in law w in equity, and thst they W~~~ a~ their hein sh~ll wsrr+nt snd defend the titk to the same fo tht s~id MORTGACaEE, its svccessws snd augns, fwever ~gsir?st the lawful cta'uns and demands of all perwro; PROVI~ED, ALWAYS thst if the MORTGAGOR shsll pay unto the MORTGAGEE ~he promiswry note hereinbefae described and sh+ll mrly, promptly ~ and fully perform, dcuharge, execute, tompkte, comply with snd abide by esch and every the stipulstiaq, spreemenb, conditioro and oovs~ants of said promistory note ~nd of this Nbrtgage, t}~en this Mwtgsge and the Estate hereby aested shall cease and be null ~nd void• ~ IT IS UNDERSTOOD that the word "Mwtysgw" whether in the singular w plu?al ~nywhere in this Mortg~ye, sh~ll be sinyvla if on~ only and ~ shall be plursl joiMly snd severally if mwe than one, and that the word "their' ss uted snywhere in this Nlorty~ge thall be taken to mean •'his,•• •'hers," # ar "its;' whererer the context w implies or admits. Alw, that wFierever there is a referente in the ooven~nb snd apreert~ents herein oontained to any of 3 rhe parties hereto, tF~e ssme shall be construed ro mean ss well as the hein, leyal representatives, successws and ~ui~ro (either volunt~ry by sd of tlw ~ parries a involuntary by ope?ation ot the law) of the same snd fhat the covenants herein contained ahall bind a~d the benefiri and ~dvsnhpp inw~ ~ ~ ro the respective hein, kgal representatives, successors and su~gns of ihe p+nies hereto. ~ ~ And said Mortgagon, for themulves and their hei~s, legal represenfatives, successon ~nd ~uipro, hereby jantly and severally covent^t and apne :L. ~ to and with the ssid tAORTGAGEE, its s~ccesson snd auigru: ~ 1. To pay all snd sirgulu the p~intipal ar:~) interest snd the various and sundry swns of money payable by virtue of ssid promiswry twte, ~nd this ~ ~ mongage, eacfi snd every, pomptly on fhe dsys respectively the same severally become due. ; 2. To pay all and tingulu the taxes, assesunenn, levies, liabilittes, obliyatiaa and encumbrances of every n+tun ~nd kind now on s~id desuibed Property, a thst hereafter rn~y be impwed, suffaed, placed, kvied, a sssessed the~eon, w tMt here+fter may b~ levi~d or ~is~ied upon this Mort~- a~ ; age. or the indebtedness secured hereby, exh a~d every, w h e n dve a n d paya b le, accw dinp to law, b e fa~ t h e y b e c o m e d e linqusn t, a n d b e fon any i n t~r e s t p~ attaches w any penalty is intwred; AND INSOfAR AS ANY THEREOf IS OF RKORO THE SAME SHAII 6E PROAAPTLY SATISf1E0 AN'~' DtSCHARGED OF RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFIC1AllY ENDORSEO OR CERTIFIFD) SHAII BE PLACED IN THE HANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXT AFfER PAYNIENT; and in the ewnf that any Nroreof is not pa~d, safsfied snd discharged said MORTGAGEE msy at any time pay the same w any part thereof without waivinp o~ sffectirg any optio~, lien, equity or ~~aht under or by virtue of this mwtgsge snd the full ~mount o( e~ch ~nd every tuch paymeM shall be inwnediately due ~and p~yabk and sMll b~ar ir?ttrest ~.om the date thereof until paid at rate of nine per centum Fer annum and to~ether w~th such i~terpt ~hall be secured 6•~ tha lien of th's morytape. t °t ~ ' ~ - . f