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THIS 1NDENTURE, Mad~ the 2~h day of ~=il - A•~• 19 ~3 bQf'"1Q°~
U. Bdv~asd Rolc~?relli and Alacoaus C. Fblcarelli~ his wife_
of St• LLICie Co~nry florida, herainafter dssg~ated sa the "MORTGAGOR;' and FIRST FfDERAI SAVINGS ANO IOAN
ASSOCIATION OF FORT PIERCE, a co~pwation «ya~i:ed and exis~ing under fhe laws of ths Un~ted S~at~s of America and having its principal place of
busineu in ths City of Forl PiNC~, St. luci~ County. Flwida, hereinafte~ designated ai the "MORTGAGEE:'
WHEREAS 1M MORTGAGOR is ju~tly indabted to ths MORTGAGEE in the sum of 5 is~~~~~ . gocd w+d lawfv: money d. the United
Statet advanced by the MORTGAGEE unto the MORTGAGOR, as evidencrd by a certa~n promiiswy note oi even date he~owith, oi wh~ch ~he fcflowing i~
wo~dt and fipures is • trve copy, lo-wit:
=15 ~,000. 00 N, 1001977a
fort Piercs, Flo?ida, ~r;l 26 - 19 73
Fo? value received, I, we or either of us, prom~se to pay, wi~hout defatcaiion, io the order oi FIRST FEOERAL SAVINGS AND IOAN ASSCGIATION OF
~ORT PIERCE at Fori Pierce, Florida, the sum of : 15~~~~~ with interest from date at Ihe rate of 7!5 % p~r ~nnum, in monfhly instalb
~nents as foitows: S~ 1Z1•~ on lhel--~h day ofSept~er 19 73 and a like sum on the correspond~ng day of each month there-
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after until the whole be fully paid. -
Each installment first shall be +pplied in payment of she interest and then on the unpa~d balance of the pr~nc~pal sum. If default is made in the
~ Hayme~t of any installment when due, and such default continues 30 days, then at the option of 1he holder, and without any other notice, all the remaininy
~t. ~nsteilments shall b~ due and p+yable at once. Privilege is given to prepay this note in whole or io part af any time withaut penalty. Neither iorebear~nce,
~ no+ acceptance by the holder thereof after any deiault in any payments hereon, sAall be dermed eatenaan. A late payment charge ol 5--:~r~t-. shall be •
~ aoded to each ~nstallment remainirg urpa~d 7 days after its due date, and s I~ke sum shall be added to each such inatalirreent ~emaining unpaid 7 days after
each sutceeding payment date.
Esth make?, surety and endwaer hereof, jointly and ieverally, waives demand, presrntment protest and noticc oF p~otest fw nonpayment, a~d further
~ agrees to any exten:ion of time of payment, either before or after maturiry, without not~ce to any of us; and to pay all costs of collection, includ~ng ~
~ reasonable attorney's fee in the event oP any defau~t hereunder, and hereby severally waives all benefit of homestead and ezemption under the constitution
-i and laws of each State of the United States, as against this obligation w any extension or renewal hereof.
~ Witness the hand aod seal of each party_ '
~ S U ~ (SEAu
` ~,L• .tis...,t~ (SEAI)
' s/ Alac ue C Rolcar lli ~Au
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„ ( .S22.S~ ) Stafe Revenue
(Starrp~w~elW~rr~iw~L~o1e) '
~ NOW, THEREFORE, the MORTGAGOR fw the purpoae of securing payment of said sum of S is~~~~~ and the perfoamance of ths
covenants and agreements hereinaiter exp~essed, and for d~vers good and valuable cons~der~tions, by these presents, does gr+nt, barya~n, sell, remise,
release, convey and confirm ~nto the MORTGAGEE, its tuccessors and assigns, all that tertain bt, piece or partel of land, tituate, lying, snd being i~ iha
County of ~tICIe and State of Ffwida, dexribed ss follows:
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Lot 23~ BloCk 3216~ PORT ST, LUCIB - RWRBSTA PINBS~ UNI? 1~
as per plat thereof on lilc fn Plat Book 16~ Pages%85A; 358
of the ~blic Records of St. 1-ucie County, Rlor3da
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UMENtARY.~~•=:~.~ ` ~ - ' N tps~~S~~ ~yl~-~1~~
~ DEPt. OF RE11E1YUE ~ O t S~~' ~
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~ G~RGVA~
rogether w~th all and singulsr the tenements, hereditaments and appurtsnces thereunto belonging a in anywite appertaining thereto, and all renti, iuves,
~ prxeeds and profin acuuing a~d to accrue from said premises, all of whid~ are included in the above and foregoirg dexription snd habendum-
~ TO HAVE AND ~Q HQLD the above dew~bed +nd granted premises unto the said MORTGAGEE, its successas and +ssig~s forever. And iM said
MORTGAGOR fw he~ he~rs, exetutors, administrators a~ +ssigns, hereby tovenants with the said MORTGAGEE, iri suttesson and astigrn.
~ that ~awfu~ly uizcd of the s+id premises in fee simple; that the s~me are free, dear and disch~rged from al) lieni and encum-
~ b~ances in Isw or in equity, and !hat they_ vvill snd their hein shall warnnt end defend the titie to the same to the said
~ MORTGAGEE, its successors and auigns, fwever against the lawful daims and demands of all persons; ;
':i PROVIDED, ALWAYS that if tlx MORTGAGOR shall pay unro the MORTGAGEE the promissory note hereinbefor~ d~scrib~d +nd shslt trvly, pianptly i
and fully perform, d~uharge, execute, complete, comp~y with and abtde by each and every the stipulations, ~greements, conditions ~nd covenanb of said ,
' promissory note and of this Mortgage, t}xn this Mortgage and the Estate hereby veated shall cease and be null and void.
'f IT IS UNDERSTOOD that the wwd "Mortgsgw" whdher in the singular a plw+l snywhere in this Mortgsye, shall be singulsr if one only ~nd
S' shall be plural jointly +nd tever+lly if mwe than one, and that the wwd "thcir" as used snywhere in this Mortgage shall be taken to mean "his;' "hen," a~
4b
or "its;' wherever the tontext w implies w admits. A(so, that wherever there it a refe?ence in the tovenants ~nd agreeme~ts here+n tontsined to any of ~
~ rhe perties hereto, the s~me shall be construed to mean as well ss the heirs, kgal reprexnt~tive~, t~ccessws and aai~gns (either voluntary by +ct of the
pa.ties or i~volu~tary by operation of the law) of the same and that the covenaMS herein comained shall bind and the lxrxfits and advanbye~ irwro
- to the respective heirs, legal repreuntativa, successws and su~gns of the part~es hereto_ ~..i •
And said Mwtgagors, for themxlves and their heirs, legal representatives, s~ccessors and auigns, hereby jointly snd severally covenant and agree y
rt3 to snd with the said MORTGAGEE, its successas and assigns:
r'; 1. To pay all and singular :he printipal and imerest snd the various ind wndry sums of money payable by virtve of said promiswry note, and this ~
mortgage, each and every, promptly on the days respectively the same seve?ally become due. "'i"'~
2. To psy all and ~ing~lar the taxes, asmsments, levies, liabilities, obligaYwns and encvmbrsnces of every r+ature and kind now o~ taid deicribed ~
property, w that hereafter may be impo~ed, suffered, plxed, levied, or assessed thereon, w that heresfter m~y bs levied a ~smsed vpon this Mwt¢
age, a the indebtedness secured hereby, each and every, wFxn due and payable, xcading to law, befae they become detinqveM, ind before ~ny iMerest ~
afraches w any penalty is incu~red; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHALI BE PROMPTLY SAiISF1ED AND OISGHARGED OF
RECORD AND THE ORIGIhAI OFfICIAt DOCUMENT (SUCH AS, FOR INSTANCE. THE TAX RECEIPT OR THE SA715FACTION PAPER OFFICIAIIY ENDORSED
OR CERTIFIED) SHAII BE PIACE~ IN THE HANDS Of SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; snd in the event that ~ny thereof is not
paid, ~aCsfied and discharged sa'd MORTGAGEE may at any t~me pay the same or any part thereo( without wa+ving a affectiny sny op?ion, leen, equity or
- •+pht under or by virtue of this mortgage and tht full amount of each and every such payment shalt be immediately due +~d payable ~nd shall bear inte~est
~•j irom the date thereof until paid at rate of n~ne pe? cent~m per annum and together w~th such interest shalt be secured by the IEen of th:s morgUye.
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