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Home My WebLink About0097 25~0255 THIS INDENTURE, AMd~ 1 7th day of ~y ~ . A.O. 19_~., bNweee~ Rsank Labato and Carrie A. Labato. his wifQ of $t • WCi~ County Fiwida, h!f@IMfiK dei~gnared ai the "MORTCsAGOR;' ~nd fIRST FfDERA! SAVINGS ANO IOAN ASSOCfATION Of FORT PIERCE, ~ corpwation a9an;sed and existing under tM laws of tM U~itad Sut~s of Am~rica and havinp its principal plac~ of busin~~s in th~ City of Fort Piac~. St, l~ci~ Couory, florida, her~in~fta desi9nat'd ~s tM "MORTGAGEE." ' 28 ~ and lawful money of ths Un;ted j WHEREAS tM MORTGAGOR a juitiy ind~bt~d to tM MORTGAGEE in tM sum of s i~ yood Ststes ~dvanced by ths MORTGAGEE unto the MORTGAGQR as evidenced by • certain promiuwy nole of even date herewith, of wh+ch tFw iollowirq in ~ wads and figu~es is a trw copy, towih ~ :28~500.00 ~ lOAlOA9d ; Fwt Pierc~. Fiorida. May 17 19~_ ; ~ ~ For value received, 1, we w either of ~s, prom'sse to pay, without defatcation, to fM order of FIRST FEDERA! SAVINGS AND IOAN ASSOCIATION OF ~ ~ FORT PIERCE at Fort Pirrce, florida, the s~m of = 28 ~ 5~ with infe?est bom dafe a1 the rate of 7~ 7~ per ann~m, in moMhly initall- ~ents as ioltows: t-216. ~ on the l~h day of ~LO~e! , lq 73 and a like wm on the cwresponding d~y of each month there- t after until the whale be fully psid. . ~ ~ Each installment first shall bs applied i~ paymeM of the interest snd then o~ the unpaid balance of the princ~pal sum. If defauh it made in fhe ~ payment of any i~stallmeni when due, and s~ch dtfault continues 30 days, then at fhe optan of the holder, and without a~y other ratice, all tF?e remainir?y ~nstallments shall be due and payabls ~t once. Privitegs is given to prepay this note i~ wholt or in part at any time without perwtry. Neither forebearaiKe, ` nor ~cceptance by the hoider ~hereof afte~ any default in any p~yments hereon, sMll be deea~ed e:tension. A late payment charge of ls 0~ ,80 shall be ~ added to each in~ta~ment remsining ur?paid 7 days aiter ib due date, and a like sum shall be added to each ~uch installmenl remainiog unpaid 7 days affet ~ w eacfi succeedir+g paYment date. ~ ' ~ Each m~ker, svrety and endorxr hereof, ~uintly and :everatly, waives demand, presentment protest and notice of protest for nonpayment, snd fuMMt ; agrees to any exte~sion of time of payment, either before w after maturity, without notice to any of ~s; and to pay sll costs of collectan, includinp a ! ; ~easonable anorney i fee in the event of any default hereundr., and hereby severally waives all benef~t of homestead and exemption under the constitution + and laws of each Sute of the United Statea, as agaiost.this obl~ation w any extension or renewal hereof. ~ Witness the hand and seal of each party. ~ ~\1 r l ~ cs~?U ~ ~ cs~?t) ~ ~ $4~.75 ~':dd~r t (sE/?U ( ) Stste Revenue , ~4ssseilda~~d~sM'tm!) NOW, THERFFORE, the MORTGAGOR for the purpose of securing psjrment of ssid sum of i 28 ~ S~ , and the pe?formance of ths covenants ~nd a~reements hereinaft~r expressed, and fo~ divers good and valwble conside~ations, by thesa p?esents, do~s yrant, bsrq~in, se11, rem;as, release, ca?vey and confirm unto the MORTGAGfE, itt wcceuors and auigns, ell that tcrtain lot, piete or partel of I~nd, sifwte, lying, and being in 1hs County of SL. Z.LiCle ~nd State of Flo?ida, deacribed as follows: ~ Lot 6~ Block 12T~ PORT ST LUCIfi, SBC?ION 27~ as per plat thereof on file ~ in Plat Book 14, page 5, of th¢ Public Recozds of St. Lucie CounLy, Florida, ~ t S 3 ~ . , s ZS~' oF ~L.t~RlDA ~ f D~ ~fTARIf .<.u ~tAMP ?A~ j ' c° ~ N DFPt. O YE ~ i~ _ _ 1 ~ ~ 4 2.15 t ~ r.s. { . ~ o = ~~~92 ~ ~ ' IN PAYMENi OF tA'~ R'ECf~YFI~ Itl7N1G~8LE PE~N41 P''~?`-RiY. ~ ~ ~S + ~ 71.}2• ~JF i `j~•~ pURSIlAN7' TO CtUIP' F~ , i ;F~, ~ G;,ERK C1F`C°11( G• ~ ~ ~ ~ ~ rogether with •II and sirgular the tenements, hereditaments and ~ppurtsnces tharevnro belonging a in inywise appert+i~ing ihereto, and ~11 rentf, iuues, ; proceeds and p~ofin scauing and to accrue f~om aaid p~emises, all of wFi~ ue includad in ~he above snd foreyarp dewiption ~nd Mbend~m. ` TO HAVF AND TO HOLD the abovs described and granted {xemises u~to the said MORTGACaEE, its succeason ~nd auipns forevar. Md th~ ~aid ' MOR7GAGOR fw th@~"r hein, executws, administratas and assigns, he~eby cwenaon with tM ssid MORTGAGEE, its svccessor~ ~nd ~stiprn, j fhat tbeV are ~awfully xized of the said premises i~ fee simple; that she arree ue free, ckar ~nd discharyed from ~p 1'rons and encvrt? brences in law or in equity, and that they W~~~ t~I@lI hein shall war~snt and defend the titk to the s~me to the pid ~ ~ MORiGAGEE, in successors and ~uigns, forever against the lawfvl . claims and de+n~nds of ill perfau; PROVt~ED, AtWAYS that if ~he MORTGAGOR shall psy unto the MORTGAGEE the promi~iory note he?einbefore desc~ibed and shall truly, promptly j and futty perform, discharge, execute, compkte, comply with and sbide by esch and every the stipvlations, agreemenri, conditiant ~nd covenann of said promissory note and of this Mongsye, then this Mortgsge and the fstete hereby ueated shap tesH and be nutl ~nd void. IT IS UNDERSTOOD th~t the word "Mortyagor" whether i~ the singular o? plural ~nywhere in this Mwtgspe, sh~Il be sirgvl~r if one only ~nd i ~hall be plural jointly end severaUy if more than one, and that the word "their° ~s ~sed anywhere in this Mortg~ge.sF?~II be taken to mean "his;' "hen," o? "its;' wherever tFrc context so implies or admits. Al~o, that wherever there is a refaerxe in tfw covenann and ay~eemenn Mrein con~sinsd fo •~y of rhe part+es hcreto, the same shall be construed to mesn as well as the heirs, kgal representatives, succtssors and ~uigns (either voluntary by ~ct of the parties w involuntsry by operation of the law) of tF?e same and tha~ the covensnts herein contained shalt bind ~nd the benefits and ~dvantaqq inwe ro the respective heirs, kgd representatives, successors and ass~gns of the psrties hereto. k Md ssid Mwtgagon, for themselvss and tFroir hein. Icgal representstives, succeuws and auiyr?s, hereby jointly a~d sevaally covens~t ~nd syree ~ to snd with the said MORTGAGEE, its sutcessors snd assgr?s: . ~ 1. To psy dl and singuler the principal and ioterest and tF~e various ~nd sundry sumt of money psyable by virtue of said promissory note, ~nd fhis ; mortgaye, e+ch s+d every, promptly on the days re~pectively tbe same sevenUy become dve. ; 2. To pay a0 snd ~irsgula tF+~ taxes, assessmenb, levies, li~bilities, obligsYw~n and encvmbrances of every natwe and kind raw on said described property, w that hereafte~ may be imposed, suffered, placed, levied, w assessed thereon, w thsl her~aftt~ may bt levied or usessed upon this MortQ- age, a the indebtedneu secureQ hereby, exh and every, when due and payable, auo?dinp to law, befae tF~ey becort~e delinqvent, and before any Interesr ' attaches p any penslty is incurrcd; AND INSOfAR AS ANY THEREOF IS Of RKORO THE SAME SHAII BE PRO/NPTIY SATISFtED AND DISCNARGED Of ~ RECORD AND THE ORIGlNAL OFFICIAI DOCUMENT (SUCH AS, fOR IN5IANCE, THE TAX RECEIPT OR THE SATISFACTlpN PAPER OFFICIAIIY ENDORSED OR CERTIf1ED) SHAL! Bf PlACED IN THE HANDS OF SAID MORTGAGEE WITHIN 1EN DAYS NEXT AFTER PAYMENT; +nd in the event that eny thereof is not paid, sst"sfied snd diicharged sa:d MORTGAGEE may at sny time p~y the same w ~~y p~rt theroof without waiving ot sffecting any option, lier~, equity or ~~aht under or by virtue of this mortgsge and the fuil ~amounr oF each and ave~y such payment shsll be immediately d~e and paysble and shal) bear interest s~om the date thereof ~ntil paid at rate of nine per centum per annum and togeth ~th interest shsll be setured by tl~e lien of th:s morgt~ye. a~~n~~5 F~~t 7 9 ~ _ _ri , ~ ; ~ ~ x ~ ~~~.'fi-.-°'"c~'~- bc.~~ ~ ~r.Y`..'r ~ . +C~ :h.. ~ _ -~t