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HomeMy WebLinkAbout0569 2S8541 ~HIS INDENTURE, lM+d~ 1M 2 8t h d. or ~ J un~ ~ A.D. 19 7~ betNew~ PAUL L. ROVEGI~A AN7 K1~7~ ~ , ' of St . I'uCiB County Fluida, Mreinafttr d~tiqnated ai ?M "MORTGAGOR;' and FIRST fEDERAI SAVINGS AND IOAN ASSpC1ATION OF FORT PIERCE, ~ corpwation ayanued and exi~tin~ unda N+~ laws of tM U~ited St~tp of Americ~ ~nd havinp in principat pl+ce of buansu in tM Ciy of Fort Pi~rc~, St. luci~ County, florid~, hsreinah~r de~i9nat~d a~ tFw "MORTGAGEE." WMEREAS tM MORTGAGOR it justly indebttd to tM MORTGAGEE in the ~um of i 31 good +nd lawfui monay of tho Un~ted States advanced by ths MORTGAGEE unto tM MORTGAGOR, as evidenced by a terlain promiuwy ~?ote of even date he~ewith, of whlth the (dlowinp in words and tiyuret ii a 1rw copy, to-wit: z 31 , 3n(~ . n0 ral (102(1113 w., P;a«.. Fi,~a,. June 28 19 73 Fw value received, 1, we w either of us, prom~se to pay, without def~lcation, to the order of FIRST FEDERAI QSAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Fbrida, the sum of S 31 s~~ w;th inte?est from date at the rate ol" °X. pe~ ~n~u+~. miathly install- meros +s foltows: S 242 on the 2~t t1 day of Oetobe r_ 19 ~ 3 and a like sum on the corrospondirg day of esch ma+th therr afrer until Ihe whole be futly paid. Each installment first shall be +pp~~ed in p+Yment of the interest and then on the unpaid balance of the prindpal sum. If default is mads in the payment of e~y installmenr when dw, and such default continuea 30 days, then at ths option of the holder, and without any other notice, all the remaining ~nsullrn~nt~ shall be due and psyable at once. Priviley~ is yivan to prepay this rwte in whol~ w in p~rt +t any time without p~nslty. Neither forebear~nca, , nor accep~ance by the holde~ thereof afte~ any default in any p+yments hNeon, ihall be deemed exteniwn. A late payment cMrge of i12 . 1 n tha~l bs added to each inatallment remainirg unpaid 7 days ~fter its dw date, ~nd • tike sum shall be adcled to each such installment remaining unpaid 7 days after each aucceediog paymant date. Each maker, svrety and endorse? he~eof, jointly and uverally, w~ives demand, preuntmeM protest and notice of prote~t for nonpayment, snd further agrees to any extension of time of payment, either befo~e o? afte~ maturity, without notice to any of us; and to pay all costs of collection, includiny a reasonabk attwney's fee in the event of any defauU hereunder, and hereby severally waives all benefit of homestead ~nd exemption under the constitution end laws of each State of ~he United States, as against this obligsliw~ or any extension w renewal hereof. Witne~~ the hsnd and seal of exh party. / (SE/?U (SEAI) S nn vec~na ~U ~ t (SFI?U 1 46 .95 ~ Stste Revenue ` (Siemp~ uncelled on wpinal note) ~ ' NOW, THEREFORE, the MORTGAGOR fw the p~rrpose of securirg paymen? of said sum of = 31 ~ 3n~. ~ aed the perforrrwnce of tM covenants and aprsemenrs hereinafter expreucd, and for divers peod +nd vatu~ble consideretions, by theia presents, does yra~t, barpain, sell, remiie, releau, convey ~nd confirm unto the JNORTGAGEE, its sucussors and sssipns, +II tMt cert~in bt, piett or putel of land, situ~te, lyirg, and beinp in th~ County of $t . L11C1@ ~nd St~t~ of Florids, dewib~c! ~s follows: Seing a parcel of land lying in Block 32, LAKE:~IOOD PARK UIVIT Nt~. 4, according to the plat thereof filed in Plat Book 11, page 2, nublic Yecords, St . Lucie County, FloYida; the bounclary of said parce 1 bein~ more narticularly described as follows: TRACT 7 ; ~zom the Southeast corner of the aforesai~i Bl~ck 32, ` run South 8~°57' :Jest 132. Sn feet to the Point of f Be~inning; thence continue South 89~57' tJest 85 feet; ; thence North O° 03' West 150 feet • thence North 89° ! 57' Eest 35 feet; thence South 45a 00' East 7~.7(1 feet; thence South O° n3' East ln0 feet to t he Point o f ~ Beginning , - . ~ ~ Y 4' 1N PAYME?i( Q~p ~~r . ~ STATE ~F FLORtDA~ ,,,EO 1Njp~~18LfYf~S~F iy~i- ~ 02 ~ DOCUMfNTARY,~:;.~STAMF TA3: ~ ~pN ql?SS ~jER 7~~~~ ~ ~ c" OEPT. ~F REYEMUE : ~ , ZO ~~t t. L~~E ~ Pg = ~~~;~~~3~. 4 6. 9 5 ~ ~,~,,,,t z~ - ~~t, S ~ ~ - - ` ~a" V~~ ~ -,i~o2 r , ~ together with atl ~nd singutar the tenements, he?editamenfs ~nd sppurfsnte~ thereunto belonginp or in ~nywi~e ~ppert~ininp thereto, and all renb, iswes, proteedf ~nd profits xuuing and to xwe from taid premises, all of whicfi are snduded in tF~e ~bove and fwegoir+y-dewiption ~nd habe~dvm. ~ TO ii.1VE AND TO HOtD the above desvibed and gr+nted premises unto t1w said MORTGAGEE, its s~cceswn and auiy~s forever. Md th~ s+td MORTGAGOR fo~ thP - he'us, executas, administraton end auigm, hereby covena~b with tM said MORTGAGEE, ib suctttwrs u~d utipns, ~ rhat ~h~--~~- lawfully seized of the wid premises in fee ~imple: that the same ~re free, ckar and discharyed from all liens and encum- ~ tre tf'1 lY heirs sha11 wsrrant and defend tM title to 1M s+rm to th~ said b;ances in law w in equity, and iMt x will and ~ ~ MORTGAGEE, its sucuuws and suigns, forever ayainst the lawful cleirtu and dcm~nds of all penons; Y P~a+?~P~ Y PROVIDEO, ALWAYS that if the MORTGAGOR shall pay unto the AAORTGAGEE tFx promissory note haeinbefae desvibed ~nd sh~ll trul , and fully perfwm, diuhsrga, execute, compkte, comply with snd abide by each snd every the stipulatioru, ~greeme~ri, conditions s~d covenanri of ssid promissory note and of this Mortgaye, then this Nlortpage snd the Est~te hereby aeated ihall uase a~d b~ null ~nd wid. IT IS UNDERSTO00 that the word "Mortg~gor" whether in the singular w plural anywhere in thK Nbrtflaye, ahall be sinyul~r if on~ only and shall be plural 'piMly and severally if more tFun one, and that the word "their" as used ~eywhere in this Nbrtgs9t shall be talun fo me+n "his,•• •'hen•• .r or "its;' wherever 1F~e context w implies w admits. Al~o, thst wherever there is • reference in the covenanb snd ~yreementi lwreio contained to ~ny of - rhe parties hereto, the same sMll be consnued to mea~ a well ai the heirs, kyal r~presentstivet, sucussors ~nd assipns (either volu~t~ry by sct of the parties or involuntary by operation o~ the Isw) of the s~me and tMt ~he covensnrs herein confained shall b~nd .nd tFx benefin and advanrpes inun ro the respective hein, legal represenutives, successori and •ts~yin of th~ puties heroto. ~v~'- Md said Mo?tgagors, fw themselves and their heirs, legal reprountativei, iuccessors and auigru, hereby janHy and severally covcnant and ~pree ~ ~o and wifh the ssid MORTGAGEE, its successors and assigns: 1. To p~y all ~nd singular the princip~l and imerest ~nd the wrious and sundry sums of money payabl~ by virtue of ssid promissory note, ~nd tF?is mortyspe, each ~nd every, promptly on the days respectfvely the isme ~everally become due. ~ 2. To pay all snd singulu the taxes, +ueumenn, kvies, lisbilities, obliy~tions and encumbr~nces of every nature ~nd kind raw on said desuibed property, or that hereaftet may be impaed, suffered, placed, levied, w as~eued ther~on, a that hereafter may be levied w assessad upo~ fhis Mat¢ a: sge, a~he indebtedness secured hereby, esch +nd every, when dve and p~y+bk, sccordinp to I~w, befor~ they bacome delinqueM, and befwe ~ny tMerest ~i arfaches o~ any penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORO TNE SAME SHAtL SE PROIWOTLY SATISfIED AND DISCHARGED OF ~ RECORD AND THE ORIGINAI OFFlCIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFIGIALIY ENDORSE~ OR CERTIFIED) SNAII BE PlACEO IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AF1ER PAYMENT; ~nd in the event thst ~ny thereof is not ~ paid, sat"s~ied and diuhuged sa:d MORTGAGEE may st any time p~y the s~me .a ~ny part thereof without w~iving ot affectiny any option, lien, equity a ~ ~+qht under or by virtue of this mortgage and the ~ull amount of eath and every sucl~ payment sh~ll be immediately dve snd paysble +nd iMll besr intere~t ~.om the dtle thereof until paid at rate of nin! per centum per annum and toyether with such interest shsll be secured by tF~e lien of th's morytaye. ~ 6~~~~,~~.5 569 ~ ~ _ ~ i ~ r _ ~ , , ~ ~ - ~ , j . . ,~.e~: ~ ~k~ ~w ~ y. ~m~ ~ r