HomeMy WebLinkAbout0477 256486 ~
THIS INDENTURE, Mad~ ~Fie 8th day ot `J~1e A.0. 19~73 be~w~en
RichaYd A1banQS~ and 6laine K wlban~s~. his wife
of St • LuCiQ ~~arnty f~w;d+, her~;nafta deiigeaeed ~s 1F~e "MORTGAGOR;' ~nd FIRST FEDERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a corporalion o~yu+ised +nd exii~inp undsr 11~e laws of tM U~~ted Sut~s of Americ~ ~~d Mvinp in prir?cipal plsu of
buiinas in tM Ciry of foA PiKCt, St. Luci~ Cov~ty. Florid+, hertinafttr desiynsted as tt+~ "MORiGAGEE:'
WHEREAS tM MORTGAGOR is justly indebt~d to tl+~ MORTGAGEE in the sum of ~ Zl ~ 2OO good u+d ~awful money of the United
Srates advanted by ths MORiGAGEE vnto ths MORiGAGOR, as avidenced by • certain promiuo?y note of even date herewith, of which the followiry i~
worda and fipurp is a ~rv~ copY. W~wlf: 1~19~7
~ai , acio. oo June e ~ ,9
. Fort Pitru, fbrid~, ;
Fw value received, 1, ws or either of us, promise to p+y, without defalcation, to the ordcr of FIRST FEDERAI SAVINGSS AND LOAN ASSOCIATION OF
FORT PIERCE at Forf Pi~rce, Flwida, the sum of = 21 ~ 2~' ~ with intereft trom date at the rate of 7' 7y6 pe+ ann~m, in monthly install-
~nents a: foRows: i 161 ~O~ l~tl~y of .1111LI _ 19 73 and a like wm on the carespondlnp day of each month therr '
afrer until the whole ~,~e fully p~ed. ~ !
Each installmcnt first ihall be applied in payment of the interest and then on the unpaid bslance of the prindpal tum. If default is made in the ~
payment of sny inst~llment when due, and such default ~ontinues 30 days, the~ at the option of the holder, and without any othe~ notice, all the remaining ?
~nstallments shall be due and payabb at once. Privilege is given ro prepay this ~ote in whok or in part at any time wilhoul penalty- N_peither forebearance, 4
nor aaeptance by the holder thereof after any defauh in anY paYments he?eon, shall be deemed extension. A late paymem charge of shall be ~
added to each irotallment remaining unpa~d 7 days ~her its due dste, and ~ likrsum shall be added to each such instaltment remaining unpaid 7 dsys ~ftcr ~
each uxceeding payment dare. ~
Each make?, surety and endo?se? hereof, jointly and severally, waives demand, presentmcnt protest snd notice of protest fo? nonpayment, snd further ~
agrees to ~ny extension of time of payment, either before w after maturi!y, without notice to sny of us; snd to pay all costs of collection, includinp a
~easonable attorney i fee in the event of any default hereunde~, snd hereby seve~aily waives alI benefit of homestead and e:emption unde~ the cor~stitution ~
and laws of each State of the United States, as against this obliyaiwn w any extension w renewal hereof. ~
Witness the hand and teal of each party. 3
cs~~?u ~
s/Richard Albanes~ ~Au ~
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(s~?U i
$31.80 s la e K. Albanese t
r ~ stare a~~~
cs?a~ GL 21 200 00 ~
NOW, THEREfORE, the MORTGAGOR for the purpose of securing paymem of said sum of S ~ ' +~d fM performance of ths ~
c ov e n a n t s a n d a greerrKnts ixreinafter ex p
ressed, s~d for divers good and v~luable considerations, by these presents, does grant, baryain, sell, remise, ~
release; convty and confirm unto the MORTGAGEE, iri ~uccessws and assigns, all that certain bt, piece or parcel o f la n d, situate, lying, a ~ d b eing in t h e }
Covnty of $t • t'uCie ~nd Stat~ of Fbrida, dewibtd u follows: :
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Lots 12 and 13, Block 8, RUNLMAN SUBDIVISION, according to the plat thereof ~
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recorded in Plat Book 9 at page 55, Public RecoYds, St. Lucie Covnty, F2orida, ~
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N~~~ " ~ ~ , G N PA`/MENT OF T11XES }
a .r 0~ t~~~V •`ti3 ~ IBLE PERSOt~'
t PROPER(Y. j
s 9 9~ '~~~di• ~ INi~ 1-134. 1?~iS OF 1y71.~'fj~U
~s ~ ~ ,,,,.~y~
{ GA ~ I P~ ~l~~v~•' ~
i ~ % ~~~~Z ~j~ ST. WCIE 00+
~ c, ~ft1( C1RbyNT
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~ together with all and singulsr the tenements, hereditamenri snd appurtsnces thereunto belonging w in anywiseJpp
rt~in-inpllxreto, and aU renri, issues.
~ proceeds u~d profib ~ccruing arx! to accrue from said premises, all of wfiKh sre included 'a~ tMe above and faeyarg descriptwn and Mb~ndum.
~ TO HAVE AND ~~HQWR the sbove dcuribed snd ynnted prcmises unto the said MORTGAGEE, ib successon and assigns fo?ever• Md tlw s+id ~
f
~ MORTGAGOR fa T--- heirs, executon, sdministratws and assgna, hereby covensnfs with tF» said MORTGAGEE, its successors +nd ~ssipns. :
?HBY ARS
, ~hat Iswfully seized of the said prcm~ses in fee simple; tMt the same sre free, ckar and discMr9ed from all lie~s and encurr~ ~
~ brances in law w i~ equity, snd that THBY W~~~ s~ ?HBIR hein shsll warrant and deferd 1M titls b the same to the saW
MORTGAGEE, ib successors and auigns, fwever against fhe lawfvl clsims snd demendt of all persons;
~
_ PROVIDED, AlWAYS thst if the MORTGAGOR shatl pay u~to the AhORTGAGEE the ptomiuwy note hereinbefwe desc?ibed ~nd shall huly, promptly
and fully perfum, dixharge, execv?e, compkte, comply with and abide by each and every the sfipulations, agreemenri, cw?ditions and cove~ants of said
promissory note and o~ this Mortgsge, then this Mortg~ge snd the Estate haeby aeated shall cesse and be null and void.
s~ IT IS UNDERSTOOD that the wwd "Nlortgsgor" whether in the singular or plural anywhere in this Mwtyage, sF?sll be sirgular if ona only and
y fhall be plural jointly and severaily if more thsn one, and that the word "their" ss u~ed anywhere in tha Mwt9~ge shsll be bken to mean "his," "hen;'
` or "its;' wherever the context w implies or sdmits. Also, that wherever there is a reference in tht covenants +nd +yreeme~n herein contained to any of
~ the psrties hereto, ihe ssma shall be construed to mea~ as well u the hein, kgal rtpraentatives, iuccessors ~nd suigns (either volunt~ry by M of 11»
- oartief or invdu~lsry by operstion of the law) of the same and that the covensnts herein containcd thall bind and fhe benefin snd .dvntayes irnn•
- to the respective heirs, legal representatives, sutcessors and ass~gns of the puties hereto.
F~
~ And said Mortga9ws, for tF~emulves and their hein, legsl reprexntatires, successon and auigns, hereby jaMly snd severally covenant and ~yree
- ~o and with the said MORTGAGEE, its successws and auigns:
1. To psy all and singular the principsl +nd imerest ~nd the various snd sundry sumt of money payable by virtue of said promiuory rate, and this
mortgage, each and every, promptly on the days respectively the ssme severally becane due. ;
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~ 2. To pay all and sinpular the taxes, auessrnents, levies, Ii+biliY~es, obligatiau and encvmbrances of every n+twe and k'ed now on said described {
property. a thst heresfte~ msy be imposed, wffered. Pl~ted, levied, a assessed thereon, w that heresfta msy be kvied or aues~ed upon this MatQ-
age, w the indebtedneu secured hereby, exh and every, when due snd payable, xcwdirg to law, befae they becomt d~linquent, ~nd before any intaest
~ attaches or any penalty is incurred; ANO INSOFAR AS ANY THEREOF IS Of RKORD THE SMI1E SHALL BE PROMPTLY SATISfIED AND OISCHARGED OF
~ RECORD AND THE ORIGIPiAI OfFIC1Al DOCUMENT (SUCH AS, iOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFtC1AllY ENOORSED
OR CERTIfIED) SHAII BE PLACE~ IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AF1ER PAYMENT; and in the event that any thereof ia no~
~o paid, satsfied and discharged said MORTGAGEE msy at any time pay the same w•ny part thereof without wsivinp a sffeciinp any option, lien, equity or
~~qht under or by virtue of this mo.tgsge and the full amount of each and every such psyment shall be immediately due and payabk snd shall bear interest
z~ ~rom the date thereof umil paid st rate of nine per cen~um per annum snd togdher w~th such imer~t sha~~ured by th~l'~n Of th:s magtspe.
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