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HomeMy WebLinkAbout1639 ~i ~ 25'7220 ti . THIS INDENTURE. AMd~ tl+e 22~ day of . A.D. 1973 b~tw~en Jo~ae~ R. zatini an ona Zaxn~,~ie e~ of - I•ucie ,~p~nly Florida, Mreinafter dtagn~fed ai t!?~ "MORTGAGOR,° and FIRST FEOERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a oorpaation orpu~ized and ~xistinp undM tM lawt of tM United Suqs of Am~~ic~ snd h~vinp iri principal plac~ of bus~na~s in tM Gity of Fort P;au, St. luci~ Counry. Flwid~, hat~inafta deti~natad ~s tf+~ "MORTGAGEE." . WHEREAS fl» MORTGAGOR i~ jwtly ir~debr~d to th~ MpRTGAGEE in th~ ium of =~T~~~~ , good ~~d lawful money of the United Srsta +dranced by the MORTGAGEE vnto the MORTGAGOR, q~vidMCed br i cer~ain p?omissory not~ of evcn date herewith, of which ~4~ 1dlo~rirg in wordt ~nd fiyures is a trw copy, to-wit: s i7,$~-~ . 10~9889 ~'^t~ , • ~ ` ' • Fwt Pieru. Flotida, ~~?2~ ~ 19~.._ for value received, 1, we w ei~her of us, promiss fo pay, witfioW. d~falu~i~, to the order of fIRST FEDERAL SAVINGS AI~tD LOAN ASS`JCIAIIQN OF FORT PIERCE af Fat Piace, Florida, the sum of =~T,~.B~~~ with interesl from date at the ~ate of8~% pw annum, to monthly i+StaU- me~ts as follows: = 3?3~Q9 on ths day•of ~Pte~ber , 19~ and a like sum on the <arespondin~ dey of each month theri- after until the whole be fully paid. . EacFi instal(ment iirst shaN be applied in paymeril of ths interest and thcn on the unpaid ba~ance of the princ9pai sum. If ~efarlt ~ is rrwde in Me paymeM of any in:tallmem when due, and such default continues 30 dsys then ~t the option of the holder, sod without any other notice, sll the remaink+y installments shall be due a~d payabk at once. Privilega is piven to prepay this nofe in whote w in part ~f any time without pen~tty. Nei~ihprr f~a~ebsara~ta, nw acceptance by the hotder thereof after any default in any paymenh hereon, shal! be deemed e~etens;on. A late payment cha~ge of s-~S~Y.2, ahal) be added to each installmeot remaining vop~id 7 days after ih dw date, and • like sum ihall be sdded to e~ch such irtstallment remaining unpaid 7 days aftet each succeeding payment date. Each maker, surery and endwser hereof, joimly and severatly, waives demsnd, presentment prote~t and notice of pro~rsf for nonpayment, and further ~ ag~ees to any extension of t~me of payment, eithcr before o? after maturity, without ~ofice to any of us; and to pay all msts of collection, includ~np a reasonabk attorney's fee in the event of any default hereu+xler, and hereby severally waives all t~enefit of homestead and exemption under tl+e co~stitution and laws of each Sute of the United States, as sgainsl Ihis obligstion w any extension or renewa~ hereof. W;tness the lwnd and seal of each pa.ty. _ S/ Josenh R. 7arini ~y - cs~?u . _ S Leana ?anni ~y 356.90 ~ sfa~. ~ ts~w ~~na~~r~ng~~pr~e~e~)-- NOW, THEREFORE, the MORTGAGOR for the purpose of sccwirg payment of said wm of = 37f8~~~ s~ pe?foren~nce of tl+~ covenanri and sgreements heni~after expressed, and for d~ve~~ good ind valwbls considenf'~w», by the~e pesenh, does grant, baryain, scll, remise, release, convQy and conf;rm unto the MORTGAGEE, ib successors and ~uiyns, ~II that certain lot, piece ot psrcel of land, sitwte, (ying, and 6eing in 1he County of ~1CiA and St~h of Flwida, d~wibed u fdlows: That part of Tracta 105 and 120, t3ARDFN CITY FAIi~S SOBDI9ISI02I, as per plat thareof recorded in Plat Book 2, page 5, oP the Public Rscorda of St. Iucie CaintT, Florida, lying East of Angle Road, aore particular],~r descr3bed aa folloWS: Begi~ 60 feet Sauth and 30 feet Mast of the NE coraer of Tract 105 for Point of Begin- ning; thence Sauth 0° 08~ S1" West 170 feet; thence South 89~ 5b' S1" iiest 115.75 feet; - thence North 43° Ol ~ 09 n T~iest 50.08 feet; thence North 0° OS ~ 5'Y" East 133•3T feet; tbence North 89° 56~ 51" East 15p Yeet to Point of Beginning;r pJ QR~ME~t ~~~1. S P~X,~.- ~ ~~w.~ ~9~y s, S AT .F~, oF FLC~ R! D A ~ s ~r~~~'i ~ t~i~. ox p DUCUMEN ARY,~::,.,~5?AMP T~X ~ -,,c~ Eo ~ y ~1-~~ _ OEPT. Oi P.EYENUE , • ~ f Sl~'"-~K C~'M;!= ~ ~ r = = p~ = ~Ux~o~T3 , ; . . ~ ~ s s. 7 o i j = ~iw2 ca ~ + ~ ~ ~ - . ~ I together wirh a!I and singular the tenements, hereditaments and sppurtu~tes thereunto belaging w in anywise appe~faining therefo, and all rents, iasues, proceeds ~nd profin acuuing snd to sccrue from ssid premises, all of whid~ ue irrcl~rded in the sbove and fore9oirg descriptan and habendum. 70 FIAVE ANO TO HOLD the above desuibed and ~nnted premises unto ~he s+id AhORTGAGEE, ib waessors u~d ~uiQns fweva. Md tM s~id MORTGAGOR fw heirs, executon, sdministratora and suigns, hereby covenanb witl~ tha s~id MORTGAGEE, ita suctessas and ~st~prp, , rhat t~~~ lawfulty x~zed of the qid prem~ses in fee simple; that tFN same a~e free; ckar snd ~iped from all liens and encvm~ b~snces in law w in equity, snd that~_ will and their hein shall wurant and defend ths title to tM same to the s+id MORTGAGEE, its successws and assigro, fwever ~gainst tF~e Iawful claims and demsnds of ~II perw~x; PROVIDED, AlWAYS that if the MORTGAGUR shall pay unto the 1NORTGAGEE the promisscry note hereinbefore destribed a~d sh~Il truly, promptly a~d fully perform, diuharge, execute, complete, canply with snd ebide by sach and every the atipulations, agreemenb, conditions and covenanq of said promissory note and of ~his Mortgsge, then this Mortgsge snd the Estate hereby ueated ihall u~se ud be rwll aod void. IT IS UNDERSTOOD that the word "Mortgagor" whether in the singular a plural anywhere in this Mwtgape, shal) bs sinyulx if one only u~d shall be ptural jointly and severally if more tFwn one, and that the word "their" st vsed snywhero in this N1ort9age shalt be taken to mean "his,•• "hers;, or "its;' whcrever tfie comext so implies a admin. Also, that whereva fhere is ~ reference in the covm~nn and ayreemena herein contsined to any of ?he psrt"~es hereto, tF?e same shall be construed to mesr? ss well as the heirs, kgal rapresentatives, suaesson and assigm (eithet vdu~tsry by act of th~ osrties or invotuntaty by ope~ation of the law) of the same and that the covensnts herein contained shall bind •nd rhs benefin and advam.~es irwn ro the reipective heirs, legel represematives, wccessors snd su~9ru of the psrt~es nereto. And ssid Mortgagors, for themselves and their heirs, legal representativa, suctesson and auig~s, hereby jointly and sevcrally covenant ~nd apree ro a~d with the said MORTGAGEE, its succeuo~s and essiyns: , i. To pay ~II and si~gular the principa! and inferest and the viriosrs and sundry svms of n?oney paYsble by virtw of said promiasory note, u~d tF?is mort9sge. e+ch and eve?Y. Womptly on the days respectively the same severally becorn~ due. 2. To p~y all and singvlu the qxes. assessmenb, leries, li~bilities, obligstior?s snd encvmbrances of every n~twe and kind naw oo said dew~bed property, w tfut he~eaher may be impwsA, wffered. pt~ced, kvied, a aaseued the~eon, q tlMt IIlINftK fMy b! Ievild or assesssd vpp~ this Mort~. age, orthe indebtedness secured hereby, e~ch and ~very, when due and Fay~bk. ~ccordinp to Isw, befw~ they becon+~ delinqvem, and befor~ ~nr tnterest attathts w sny pena{ty is incurred; AN~ INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHAII dE PROAAPTLY SA715fIFU AND OISCHARGED Of RECORD AND THE ORIGINAL OFf1C1Al DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffICIAILY ENOORSED OR CERTIFIE~) SHAII BE PLACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and i~ the event that any thereof is not paid, sat:ified and dixharged sa:d MORTGAGEE may ar sny time piy the same p any part Jhereof without w~ivirg w affectir?9 sny option, lien, eq~ity p •~9ht under or by virtue of this mortgsge and the full amo~nt of each and every such payment shall be immed'utely dve a~+d pay~ble snd shall hea? interest ~~om the date thereoi until psid ~t rate of nine per centum per an~um ~p{! ~~yyth~C~ ~pt~~tl be secured by the lier+ of th:~ mor9tape. u 5 1 - ~ _ . . . . , ~ . ~