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Home My WebLink About2982 2581S2 THIS INDENTURE, Made the 25th day of June A.D. 1973 . between . . ~ Albert J. DiVagno and Arline DiVaqno, his ' fe of St. LLlCl@ Cp~nty florida, henina(tar deigna~ed as tM "MORTGAGOR;' u+d fIRST FEDERAI SAViNGS AND IOAN ASSOCIATION OF FORT PIERCE, • rapuation or9a~ised +nd exii~i~p u~da tM lav~n of IM Un~ted Sut~s of Ameriu ~nd Mvinp in principat placs of busineu in tM City of fwt Pi~rc~, St. lucie County, florida, hereinafrtr desig:ated a~ tM "AhORTGAGEE." WHEREAS IM MORTGAGOR is jv~tly indebtld 1o tM MORTGACsEE in the sum of S ~•~~'0O 9ood +e~d Iswful mon~y of the United States advanced by the MORTGAGEE unlo the MORTGAGOR, es evidenced by a cerUin promiuay note of even date Ae~awith, of whlch the foliowinp in worda ~nd figures is a trus copy, to-wit: = 50,000.00 ` ~ 10020081 co,, Pb,~.. F~«;d,. June 25, 19 73 fa value ?eceivtd, 1, we w eifhcr of us, promiae to pay, without defalcation, to the order of FIRST FEUERAL SAVINGSS AND IOAN ASSOCIATION OF iORT PIERCE at fwt Pierce, Florida, the sum of =~~~0•~ with interest from date at the nte of 7'776 per annum, in monthly install- rt+ents as follows: S 378•00 2~h day of ~tO~r , 19 73 and a like sum on the careaponding day of esch month thcre- aftcr unti) the whole be fully paid. Eath installment fint shad be appfied in payme~t oi ths inte?est and then en the unpaid balance of the principal sum. If defauk is msde in ths payment of any installmcnt when due, and s~ch dcfault continues 30 days, then a~ the option of the holder, and wiihout any other no~ice, all the remain~ng ~nstallments shall be due and payable at once. Privilege is given to prepay this note in whole or i~ part at any time without pcnatty. Neithe~ forebearance, no~ atceptance by the holder thereof after any de(ault in any paymenti hereo~, shall be d~emrd extension. A late payment charge of j 18 •9O shall bs added to each installment remaining unpaid 7 days after its dus date, and a l~ke sum shall be added to each such installment remaining unpaid 7 day~ aiter each succeeding paYmenf date. EacFti maker, surety and endorser hereof, jantly and sevenliy, wsi~es dcmand, presentment prote~t and notice of protest fw no~payment, and furfher agreea to eny extension of t~me of payment, either before or after matu~ity, without not;ce to any of ua; and to pay a0 costs of collection, irxlud~ng a reasonable attorney's fee in the event of any de(ault hereunder, and hereby sever~~ly waives all benefit of homestead and exemptior? under the constitution and laws of each State of the United Stares, as aqainsf lhis obligation a+ny extensan w renew~l hereof, Witness the hand and seal of each party. - (SEAI~ s/ Albert J. DiVagno ~~y s Arline DiVagno ~~U (seAi) -~5 ) Srste Revenve ~Staa~pa~.uoc~ll~ a~-arie~w~l wM~i NOW, THEREFORE, the MORTGAGOR fw ths purpose of ~ecuring payment of said sum of = 5Of ~Q ,~nd the prrformsnce of the covena~ts and agreements hereinafter exp?cssed, and for divers good and valuabk consideraiwns, by tfie~e presenn, does granf, baryain, sell, remise, releaie, convey and confirm unto the MORTGAGEE, its suctessors ~nd auigns, all thst certain bt, piecs or pucel of (and, situate, lying, and being in the County of $t. ~1Cie ~nd Sate of fbrida, described n tollows: Lot 30, Block 1, TtiUtNB POIN?, as per plat thereof on file in Plat Book 10, page 79 of the public records of St. Lucie County, Florida. . . . . . . . . . . . . . . ~ = ~ p~t1[?4~ ~,RCt ~ 1 ~ ° ,~,~.tv~"''~ ,yn~ S TAT E oF ~ R 1 D A~ cr~~ss'~ ``~~i~'~"' ~v ' ' `Y' DOCUMENTARIl.!=-::;~ TAMP +A> ~ ~ph ~ ~RE¢ pp~t~''~E (`A-~ ! cz ~ UEP?. REYfNl1E ~s a'~ ' Y~ St• _ - ~ J~L's~~3 { - ~ 7 5. 0 ~ 1 ~ w~??~` ; 1 ~ Ilt'2 yi • ~ i p i ~ j ~ t ! E , p together w~tF~ •II and singular the tenements, hereditaments snd appurtancet there~nto belaging w in ~nywise appertaininp tFKreto, ~~d all ~entf, iuves, ~ proceeds and profits accruing snd to accrue from said premises, all of which are i~tluded in the above and fwegoing descriptio~ and habendum. a TO HAVE AND TO HOID the above desu~bed and gramed premises uMO the said MORTGAGEE, its succeuas and auiyns forever. And tFr iakJ ' theiz ~ MORTGA R for heirs, ezecutors, sdministrstors and auigns, hereby covenants with the said MORTGAGEE, its suues~o?s and suipro, E rhat - t~e~7 `7-Ye lawfutly seized of the said premises in iee simpfe; that the ame are free, clear and diuM~ged from all liero ~nd e~cvm- ~ brances in law w in equity, and thst they w~U their ~irs sh~ll w~?rant and defend the fitle to the same to the said MORTGAGEE, its succeuors snd assigns, forever against the lawf~l claims and demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shall psy onto the MORTGAGEE the pranistory rate hereinbefote dewibad and shall trvly, promptly and fully perio~m, d~uharge, execute, complete, comply wirh snd sb~de by each and every t1u stipulstiw~s, sgreements, condita~s ~nd covenann of said ~ promissory note ~nd of this Mortgige, then this Mortgsge and the Estate hereby ueaTed shall cease snd be null and wid. i IT IS UNDERSTOOD thst the word "Mortgagw" whether i~ the singular w piural ~nywhero in this Mwtgage, shall be sinpular if one only ~nd shall be plural jointly and severally if more than one, snd that the word "their" as used anywhere in thit M4ortgsge ~lull be tsken to me~n "hi~" "hsn," ` 'or "irs," whe~eva the conte:t so implies a admits. Also, thst wherever thero is a reference in the coven~nri and ~greerrKnts herein contained to my of ; tF.e partiea hereto, the same shall be construed to mean as well as the heirs, leysl reprtsenbtives, sutces:ai and ~ssigru (either volunary by ~d of th~ parties w involvmary by opention of the taw) ot the same a~d tlwt the covenants herein'contsined shall bind and the benefits and advant~yes inure to the respective heirs, legsl representatives, successws snd ast~g~s of the p~rties hereto. And said Mo~tgagors, fa themsetves and their heirs, legal represematives, succeuon a~d ~uig~?s, hereby jointly and severoily covenanf and ~gree to and with the ssid MORTGAGEE, its succeisws end auigns: 1. To pay all sr~ •ingula the principa! and ime~est snd the various snd sundry iums of money payable by vi?tue of said promissory note, and this t mortgage, each ~nd every, prompNy on the days respectively the ssme iever~lly becane due. i 2. To pay all and singular the taxes, assessmems, levies, liabilities, obligations and encumbnnce~ of every n~ture and kiod ~ow on sa:d described ~ property, w that heresfter may be imposed, svifered, plated, levied, or t~teued thereon, ot tbat I~ere+fter may be levied a suessed ~pon this Mortg- ` age, w~he indebtedness secured hereby, e~ch and every, when dve ~nd payable, sccwdiny to law, befwe they become delioquent, ~nd befo~e ~ny interest ~ atraches w sny penslty is inc~rred; AND INSOFAR AS ANY THEREOF IS OF RKORp THE SAME SHAIt BE PROJNPTLY SATISFlEU AND DISCHARGEO OF RECORU AND TFlE ORIGlNAL OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPI OR iHE SATISFACTION PAPER OFFICIAIIY ENDORSED ~ OR CERTIFIED) SHAIt BE PIACED IN THE HANDS OF SAID MORTGAGEE WIiHIN TEN DAYS NEXT AfTER PAYMENT; ~nd in tF~e event tMt any thereof is not paid, sa?'sfied and diuharged sa'd IrtORTGAGEE may ar eny t~me pay tF+e same or sny pan t)x?eof without w+iviny o~ affetting sny option, lien, eqoity or - •ipht under or by virtue of this mortgage and the fu~l amount of each and every such payment'shall be immediately due and paysble snd shsll bear interest i.om the date the~eof until psid at rate of nine per centum per •nnum snd toyNhe~with interest sh~tl be secured by the li~n of th:s morytape. F:~~~, ~~.5 F,~ ~ 5 ~ _ _ , _ ~ - _ .