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HomeMy WebLinkAbout0194 ~58280 ~ iNiS INOtNTURE. Made the 3rd day of JulY A.O. 19 73 - belween _ Orazio Patan~ and Rrances~ ~T. atan~~ ~i=t ~rife of St . i.ucie , ~ounty Fiwid~, hereinafta delignated as the "MORTGAGOR;' and FIRST FEDERAI SAVINGS ANp LOAN ASSOCIATION OF FORT PIERCE, s corporat~an aflanized and existing under lhe lawi of the Un;fed~Slsliis "of Ameriu and havirtg its principal place of bus;ncu in th~ City ot fort Pipc~, St. lucie County, Florida, heroinaf~er de~~ynated ss th~ "MORTGAGfE." WHEREAS 1hs MORTGAGOR is justly indebted to 1he MORTGAGEE in tha;um of = Sr~O~~ , qood and lawiui ~ncmey of the Un:ted States adva~ced by the MORTGAGEE unto the MOR(GAGOR, as evidenced by a certain prom~ssory not! of even date herew+th, of wh:ch the (ollowing in wo~d~ and figures is a Irue copy, to-wit: ; 5~000.00 ~ . N, 1d02a134 fwt Pieres, Florida, July 3~ ~q_~_ For value received, I, we or either of us, prom~se to a withoul defa!cation, to thr order of FIRST FEOERAL SAViNGS AkD IOAN ASSOClA]tOM OF FORT PIERCE at fort Pierce, F~orida, ?he sum of S- 5~~~•'~ with interest from date at the rate of~~% pe~ annum, in monthty install- ~.,ents as fot!ows: S-~3•~ o,i the 2Oth day af AuCIIlSt iq73 and a Gke sum on fhe correspond~ng day ot each month ~here- afrer unti! the whole be fully paid. Each ins~aliment first shall be applied in payment of the interest and then on 1he unpaid balsnce of the print~pal sum. If delaull is made in the - F~ay~neM of any installment when due, and such defauh continues 30 days, lhen at the option of the hoider, and without any olher natice, all the remaininy ~~+sratlment~-sh~U be due and payable at once. P~ivilege is given to prepay this note in whole w in part at any !Sme without penalty. Neither forebearance, - nor acceptance by the holder the~eof after any default in any payments hereon, shall be deemed extension. A late payment charge of S2'IS , shall be added to each instatlment remaining unpa~d 7 days after its due date, and a tiFe sum shali be addad to each such instaltment remairting unpaid 7 days sfter - each succceding payment date. Each maker, surefy and endorser hereof, jointty and se'verally, wa~ves demand, p~esentment protest and notice of protest for nonpayment, and further ~ agrees to any extensan of time of pay~nent, either before a~ after maturity, without notice to any of vs; and to pay afl costs of coltection, includ~ng s ~ rea:oneble artorney's fee in the event oi any de(auft hereunder, and hereby severally waives all benefit of homeslead artd exemptio~ under the tonstitution . and laws of each Srate of the Un~fed States, as against this obligation or any eatension or renewal hereof. ' Witness the hand and seal of each parry. ($EAL) s/ Ora zio Pa tane ~~Ai~ (SfAI) ~ s Rrances T. Patane ~5~~~ ( S7 ~ ~ ) State Reve~ve (StampLnonll~d a~. cripioa! s+ot~,l NO'~lV, THEREFORE, the MORTGAGOR for the purpose of secu~iru~ payment of snid sum of S Sl~O~~ and the perfwmance of the covenants and agreemenrs hereinafter expressed, a~d for d~vers good and vsluable cons~derat~ons, by ihese presenta, dxs grant, bargain, ieH, remise, retease, convey and conf~~m unto the MORTGAGEE, its tuccessors a~d assigns, ell that certain lot, piece or parce! of land, situste, lying, and being in the County of St• Lueie ~ State of florida, dewibed ss follows: L,ot 10 Block E, HARM()NY HEIGHTS SUBDIVISION, as per p2at thereof on file. in Plat F3ook 8 page 24 of the pnblic records of St. Lucie County, Floric~. STATE FLOR!DA_ t STAMP TA): i C~ ~ OF~~' ' ~ - - DOCUMENIAR7,~`:~~ iN PA`?MEN~~ ' `j' DEP1. Uf PEVENUE •if~~j~ pfRS9 I C ~ = ~ JJt -b~JJ i O T ~ O ~ . {7Y~. V~~ .~u~p~ 1~•1~r ~"^S ~ iJ~l. n ~ - = P ~ { w~ ~ ~ AO~if~ CA. ~ ~ ~ ~ ` . . p~~ : . i ir i i ~ S i ~ together with a!1 and singular the tenements, hered~tamenfs snd appurtances thereunlo belonging w in anywise appertsining thereto, and atl renri, iuues, ; prxeeds snd prof~ts accrvfng and to accrue from said premises, all of which are included in the abovs and fwegoing dexription and habendum. € f TO HAVE AND TO HOLD the above described and granted paemises unto the said MORTGAGEE, its sutcessws and assi9ns forever. And th~ s~id ; their ~ trORTGAGOR for heirs, executors, administrators and assigns, hereby covenants w7th the said MORTGAGEE, ita successon and ~ssiyro, s rhar ~~gY_? r~ iawf„~i,, seized of tAe said premius in fee simple; that the same are free, clear s~d diuharged from a!) liens ind erxum- t brances in Isw or in equ~ty, and that thQy will and th~- heirs shall warrant and defend the titie to the sanu to the isid ~ N40RTGAGEE, its successors and auigns, fwever against the Iawful claims and demands of sll persons; - PROVIDED, AlWAYS that if the N10RTGAGOR shall pay unto the I{RORTGAGEE the promiswry note Fxreinbefwe described and shall truly, promptly and fully pe~form, d;xharge, execute, comptete, comp~y with and ab~de by each and every tF~e stipulations, agreements, conditions and covenanfs of iaid ' prom~sswy note and of this Mortgaga then this Mortgage and the Estate hrreby ueated sha(( tesse and be nult and void. ~ IT IS UNDERSTOOD that the word "Mwtgagoi' whNher i~ Ihe s~rtgutar or plural anywhtre in this Mortgage, shal! be singular if onr only and I shall be plural jointly and xve~ally if more than one, and that the word "their" as ~sed anywhere i~ this Mortgsge shall be taken to mean "his;' "hen," or "its;' wherever the context so implies w admits. Also, that wherever Ihere is a refere~ce in the covenants and sgreements herein contained to any of ~ ~ the parties hereto, the same shall be construed to mean as well a~ the heirs, legsl representatives, successors and assegns (either voluntary by ~ct of the t~ parties or invotuntary by operatio~ of the law3 of the same and that tne covenants herein contained shall bind and the benefits and advantsges inurt ~ to the respective heirs, legal reprcsentatives, successors and au~gns of the partiq hereto. ~ And said Mortgagors, for themsetves and thei~ heirs, legal reRresentatives, successas and assigns, hereby jointly and severally covenan! and agree y ro and with the said MORTGAGEE, its success«s and assigns: 1. To pay all and singulsr the principal and interest and the var~oua and sundry sums of .roney payable by virtve of ~aid promissory note, and this ~ i mortgsge, each and every, promptly on the days respectively tF~e same severalty become due. 2. To psy all and singuls? the taxes, assessmcnts, levies, liabilit~es, obligation~ end encumbrances of every nature and kind now on s~id desvibed ~ _ property, w that hereafter may be im~wted, suffe~ed, placed, levied, or assessed thereon, w thst heresfte~ may be lev~ed a esxssed upon this Maty- ' age, a the indebtedness secured hereby, esch s~d every, when due and payable, xcording to taw, before lhey become delenque~t, and before any interest . ~ arraches w a~y penalty is incuned; AND lNSOFAR AS ANY THEREOF i5 Of RKORD TME SAME SHAII BE PROMPTtY SATISfIEO AND DISCMARGED OF zJ~ ; RECORD AND THE ORIGINAt OFFICIAI DOCUMENT (SUCH AS. FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffIC1AlLY ENpORSEO Oit CERTIFIED) SHAII BE PtACEU IN iHE HANOS OF SAiD MORTGAGEf W1iHlN 7fN DAYS NEX1 AFTER PAYMENT; and i~ the event that any tF+ereof is not ? paid, saf"sfied and discharged sad MORTGAGEE may at any r~me pay the same u an rt thereof without waivi or affecti Y pa ng ng any option. lien, equity a : •~qht under w by virtue of this mortgage snd the full amount of each and every such payment shall be immediately due and payable and shall bear inreres~ - <<om the dsre thereof u~tif pa~d a~ rate of n~ne per centum per annum and together w~th such interest shall be sec~red by the lie~ of th's morgta9e. Z s ' F - T: ~ -r.~. - _ ' m:'. _ . . _ . . . . ~r; _