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HomeMy WebLinkAbout0465 Ir?a~V Y V V `b ` Z~t1 1ydV ' r - A.D. 19 73 betwcen THIS INDENTURE. Mad~ the d+y of Ro~eo C. Baliton and i.ouzdes BalitQQ~ hi: nife of St. WCiQ Cou~ty florid~, her~ir?after desq~ated ss IM "MORTGAGOR," and FIRST FEDERAI SAVINGS AND IOAN = ASSOCIATION OF FORT PIERCE. a corpor+tan ory+~ized and existinp unde~ ~M lavin of the Ue~ted St~t~s of Am~ric+ and Mvtnp iq PfIM1~I PIK~ of . busin~ss ln tM City of Fut Pi~ru, St, l~cis Cou~ry, flarida, Mrein~fttr da~9na~ed u tl» "MORTGAGEE." f WHEREAS tM AAORiGAGQk a juatly ~irwi~bted ro the MORTGAGEE in tM sum of i Sl ~ 6OO' ~ 9ood and I~wful noney of the Uoited '1 States ~dvanced by the MORTGAGEE u~to the MORTGAGOR, as evidenced by s certein psami~w~ note of even date herewith, of whkh the fol'.owir?p in ~ wwds and (iguret b a trw copY. to-wi~: - s51~600.00 ~ 100199Q3 ~ , wn Pien.. F~o~id+. Ma`]? 25 ~9?~_ v ~ For value received, 1, we or either of us, promise 1o pay, wi~hout defalcation, to the orde~ of FIRST FEDERAI SAVINGS AND LOAN ASSOCIAt10N OF ~ FORT PIERCE at Fwt Pierce, Florida, the s~m of t~~-a6~•~ with interest from date at the rate of~% per snnum, in monthly inslall- menn u follows: ~390' ~ on d+e l~h d+Y cf ~CtO~e! _ 19 73 +~d s like wm on the correspood7ap day of each month tFwrr ~ after until the whole be fully paid. ~ Each installment first shal) be applied in paymenf of the interesl and lhen on the unpaid b~lsnce of fhs p~inc~p+l sum. If default is m+de In ths ~ payment of any installment when due, and suth defsuH con?inues 30 days, then at the option of the lwtder, and without any other notice, all the rsmaininy ~ fnstallmcnts shall be duo and payable at once. Privilege is given to prepay this note in whol~ or in part a1 u?y timc without penalty. Neither forebearsnce, ~ nor acceptance by the holder the~eof after any default in any payments hereon, shall be deemed extension. A lats paymenr charge of i~~4 shall be ~ added to each installmero remaining unpaid 7 days after iri due date, and a like sum shall be added ro e~ch such installment remaining urtpaid 7 days afte? each succeeding paymenl date. i Each maker, surety and endaser hereof, jointly and uveralty, waives dcmand, presentment protest and notice of protest for nonpaymenf, and funFxr ~ agrees to sny extensia~ of time of payment, eithcr before w after matur7ty, without notice to any of us; and to pay all costs of cotlection, includirg a ~ reasonable attomey's fee in the event of any default hereunder, snd hereby severalty waives all benefit of homestead.a~d exemption under the tonstitutiaf and laws of each State of the United States, as againsl this oblegation or ~ny extension or renewsl hereof. ~ Witness the hand and seal of each party. S/ Ro~eo C. Baliton ~~q ; (s~?p ~ S/ Lourdes D= Baliton ~ $77.40 ~ ~ ( ) Stafe Revenue (piFif~ ~QIRe'a ~67F ~R+3 F~iSib) NOW, THEREFORE, the MORTGAGOR for the purpose of seturing payment of said sum of =_~~6~•~ and the performsnce of ths eovcns~IS +od sgreements hereinafter expressed, ~nd for divers good ~nd v~lwble considewtia?s, by these presents, does grant, barysi~, ull, remise, release, convey and confirm u~to the MORTGAGEE, its succeuora and astiigns, sll tnat certain bt, piece ot pucel of Isnd, situate, lying, snd being in tha . i County of St 1..~1C1@ and State of florida, de~cribed u follows: ; 1 : ~ Lot 16~ Block 171, SOUrH PORT 5? LUCIB, UNI? 11, as per plat thereof i on file in Plat Book 15, page 15, of Lhe Public Recorda of St. Lucie County, Florida, N ~ STATE oF' FL..ORIDA,~ OOCUM NiAR11 .•-•,.,:STAMP tA~ ~ ; °c~ DEPT.O R YEl1uE • . . : ~ ? T. 4 0 t ' ~ ~c - = .;JII f Y13 ~ /I/~ Q IN PAYMEtR OF TAXES ~ E ~ ~ i ~02 t Dl~ ON CIJISS 'C INTAN61BlE PER50NAL PRO~ERTY, ~ ° PURSIIANT TO CIIAPTER 71-134. ACTS OF 1'J)1~~1 ~ R06ER ~OITRIIS s (~it!( C~R6IJIT COURT, ST. U1CIE C0, FlA ~ ~ ~ : ~ ~ - i i ~ ~ rogether with all and singular'~the tenements, heredit~mcnb and sppwtances thereunto belwging w in anywite +ppe?taini~g tt~ereto, +nd all renri, iuues, ~ proceeds a~d profits acvuirg and to accrue from said premises, all of which are included in the ~bove and fweyoirg description ~nd habendwn. TO HAVE AND TO HOLD the above dewibed and g~anted premises unto ti+~ said MORTGAGEE, its stxcesson snd +ssig~s fo?evsr. Md th~ said ~ their MORTGAGOR for heirs, exea,ton, administrators •nd assigns, hereby covensnri with the taid MORTGAGEE, its successon and ~ssipro, ~ rhat ~K ar~-- lawfully xized of tF~e said prcmises in fee simple; th~t the uma ue free, ckw and di~chsrged from sll liens and encv~ brances in law or in equity, and ths~ t~iL will end tlfoir heirs sh~ll war~ant and defend the titk to tF~e sam~ to tht said ~ MORTGAGEE, iri successors and assigna, forever against the Iswfuf claims and demands of all persau; ~ j PROVIDED, ALWAYS 1F~st if the MORTGAGOR shsll pay unto the MORTGAGEE the promistory oote hereinbefwe desvibed and shall trvly, promptly ~ and fully perfwm, discharge. execute, complete, tomply with snd ~bide by each and every the s1+pvlations, a~reert~enri, tonditions ~nd covenanri of ~aid - promissory note and of this Nb!tgage, then this Mwtgage and the Estate hereby ueated shall u~s~ and be null snd void• - IT IS UNDERSTOOD that the word "Mortgsgor" whether in the singular w plwal snywhere in this Mwtgige, shsll be sinyulu if one only snd shall be plurel joiMly and sever~lly if mwe than one, and that the word "their" ~s vted anywhere in thit Mortgage iMll be taken to mean "his," "hen;' ~ or "its;' wherever the conrext w~mplies a admin. Also, that wherever there is a refercrKe in rhe coven+~n a~d ayreemenn herein oonained ro srry of ; the partia hereto, the samt shall be construed to mesn as well is the hein, legsl repesenqtives, wcusson and +uigrn (either voluntary by act of the rf parties or involuntary by operation of the law) of the same and that the covenants Merein contained shall bind ~nd the benefits and advantayd inure -t ro the respective heirs, legal repreuntatives, successon and ass'gns of the psrties heroto. ,`:S And said Mortgagws, fw themulves and tlxir heirs, legal ropresemstives, sucussors ~nd auiyru, hereby jointly and severslly ce:•~:.snt ~nd ayree to and with the said MORTGAGEE, its successors and assigm: ~ 1. To pay all and singulsr the principal and interest and the variwn snd sundry sums of money payable by virtue of said promissory note, ~nd this ~ mortgage, exh and every, promptly on the days respecrrvely the same severally becorn~ due. - 2. To pay ~11 and tingul~r the taxes, asusunents. Iev~es. Iiabil~tKS, obligstrons and enc~mbrsnces of every n+twe and kind now on said described Property, w that hereafier may be imposed, suffered. Placed, levied, a ~ues~ed tF~ereon, o? th~t hereafter m~y bs Iwied w+ssessad vpon tlHS Mori~ ~ age, or the indebtedness secured hereby, exh snd every, when due s~d payable. +ccading to law, befae tl+ey becane detirquent, and before any interest attaches or any penalty is inturred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAWIE SHAII dE PROMPTLY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OfFIC1ALlY ENDORSEO ~ OR CERTIFIED) SHAII BE PIACED IN THE HANOS OF SAIO MORTGAGEf WITHIN TEN DAYS NEXT AFTER IAYMENT; and in the event that ~ny ihereof is rwt ~ paid, sat'ified snd discharged sa:d MORTGAGEE may at any time pay the ssme or s~y paA thereof without waivi~g w affecting any optiw~, lien, equify ot •~qht under w by virtue of this mo~tgage and the full amount of each and every such payme~t shall be immediately dve u?d payable and shall bear inferest ~rom the date thereof until pald at rate of nine pef centum per annum and toyether w~th such i~e~st~~ se~~ ~n of th[s morytaqe. . - ~ ' ~a~ir~ _ ~ .i , . ` ~ z ~ ~ ~ ~~,~~y . ~ ~ . ~ Y . _ - ~ s ~ ~ :