HomeMy WebLinkAbout2368 ~ 261912 ~
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rHis i?~uE~rua~. Mad. ~n• 19th d,y August , aa 19~ e.n~.«+
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_ Rocco L. Logiodice and Mar~aret L. Log odice, his wife
of SL• L11C~e ~~y Fioridr, Mr~in+fqr desig~?at~d as tM "MORTGAGOR;' ~nd FIRST FEOERAI SAVINGS AND IOAN
I~SSOCIATION OF fORT PiER~E. ~ cwporation w~ani:~d ~nd saisiu~p w~dN ~h~ lawa of th~ Unihd Suhs of /1m~~iu ~~d havinp (ri pr(r~tip~) pi~t~ of
bwirna in th~ City d fwt PiMa~. St. tud~ Co~x~yi Norlda. iNreinaRa dapnat~d a~ tM 37
ST
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WHERfAS tM 1NORTGAGOR Is (tntly kdtbt~d ~o IMQRTGAGEE in tM wm of = ~ • yood ~nd I~wful ma?ey of 1M United
States advanced by tM MORTGAGEE unro tM MORTGAGOR, as ~vide~ced by ~ certa~n promiswry not~ of even d+t~ her~with, of which 1M fdlowinp in
words and f' ~res is a trw copy. bwit:
~ 3~, soc~. oo ~ ~j iooa ai
Fort Pie~a. Florid+. ALI~}tlSt 19
Fw value rec~ived, 1, w~ w either of us, promis~ ro p~y, wirhovl d~falc~ran, to IM wder of FIRST FE~ERAL SAVINGS AND IOAN ASSOCI/1TION OP
FORT P~ERCE al Fort Pieru, Flaida,, tM sum of t 37 s...500. ~ w;th interest from d~t~ at tM r~M of ~9% per annum, in monthly install-
,,,e~n „ fouo„~,,; ~ 315. ~ ~~~~}f ~r of September ~973 ~nd • liks ium on tM carespond~ dsy of each ma+th therr
aft~r unril rhe wlw1~ be fu11y pad.
E+ch insaiim~nt first sh~fl b~, appliad p+ymenr of ~he inte?est and then on the unpaid .bilance of tM principal wm. If default is msd~ in tM
wY^~t of ~ny ins~allmeot when dus. and wch defwh continues 30 days, thc~ at the option of the holder, and withovt ~ny other ~+otice. ~II ~M rem~ininp
irotallmenb shall be dw and p~yabl~ at onte. P?iviley~ k 9ive~ to prspaY this taN in whol~ or in part +t arty tiwie withouf penilty. Nei!her iwebea~w~u,
rar acc~ptsna by the holder thareof ~iter any defavh in ~nY paymtnt= hercoe, ~II be deemed exteruion. A late paYment tharye of i...~.-;.•
1 sMll b~
added ro each i~tallmen! ramaininp ~x~paid 7 days ~fte? ifa dw date. and a liks wm ~hall be added to esch such installment remaining unpaid 7 dayt aNei
c~sch s~caeedi~p payment date.
Each maker. wrety and endwser hereof, jointy u+d s~verally, waives ctrn~nd, presentment protcst end raf;ce of protest fw nonp~yment, and Wnhe~
agreea ro any e:tension of time of payment, cither befo~e o~ after mstwity, without notice to sny of us; snd to pay ~II cotts of colleciron, includ~np •
reasw~abie attwney i fr_ in the evmt of any defwh hereunda~, ~nd hareby sevcnlly wsives stl be~efit of homastead snd exemption undet the oonttitulfon
and laws of each Sute of rhe Un;ted Statea. as aga;rot tl~;s obllpafion or any exteniion or renewal.Kekeof.
Witness ths hand ard uyl of each p~Ay.
(~U
s~occo L ce ~U
. tsEwU
s rgare L.~ og ce ~
~ $ 54 ~ 25 * S+aN Rewnw
tSaw~. w~odl~ ~w• «i~tw~A-~w~e)
NOW. THEREFORE, the MO~tTGAGOR fw the purpos~ of secwinp paymem of aid swn of 5O0• ~ ~nd tM pe?formanc~ of fh~
cov~?ar?b and a~eemeon he.einafter expressed, and fw d~vert ~ood and wlwbl~ caaideratiorq, by thes~ presents, does gr~m, b~r~ain, sell, rsmise,
release, tonvey and confum unb the MORTGAGEE, its succes~ws ~nd augns, all that ce~t~in bt, piact ot parcel of (snd, situat~, lyinp, u~d beinp in tM
c~„+ti ~ St. Lucie .~a sr,n o~ F~.~d., d.,«~.d ~s fdfows:
Lot 49, Block 28, RIVBR PARK UNIT 3, as per plat thereof on file in Plat Book
1~, page 80, public records of St. l.ucie County~ Florida, -
OR~p~I
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~ °F to? ~ 1
Y - ~~AMENZAR~f ~ 5
o'~ pEP1.Of T.EVENUE • Z 5 ~
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. ~t R~ ~5~~! IN PAYHENT ~ T~
~ - RSO~i~?t PPOFEit(Y~
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i q1~pTEll 71•134. II~AS DF l~ll. ~,-yy~
' PO!'fRAS ~r•
f CIRid1lT GW'~~ St. lUC1E 00, ~
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~ ~ogether wrth ~tl and ain~vlar tht ~t~,. he~ed'itar~wnb ud appwqnces theraw~to bebrginp o? in snywise app~rt~ininp tha~to. ~nd all nnq, iswes.
! w«eeds .nd p.ofin +cwieg and ~o san+e from s+id pemiaas, all of whid~ ~re ~nduded in tM abov~ and for
syoirg description ~nd fwbendum.
~ TO HAVE M!D TO HOlO the ~borr dexr~bed and y~aMad pr~mises w+to tM s~id 11110RTGAGEE. i1s wu~swn ud aufyro fortwr. Md th~ s+id
~ MOitT fw - h~irs, execuwrs, administrawn and aiig% hereby coven~nts with ths tald MORTGAGEE, its stiouua~s and ~ssipM„
i fhst ~Y ~e la~.`. y sNZed o# tin sa;d pen,;ses iet simple: that th~ sunt Ks fr~e, clsu and dacl~rQed fran ~II liens and anarn?
~ brances in taw a in eqviry, ud tMt thev will and their ~ ,~,.u w.?.~~ ~,d d.f.~d rt~e ~n~ a d,. wo. ro~i,. s~id
~ MORTGAGEE, ib sirctessors and aasiprn, forever ap~intt tht lawful cl~imt snd de~nands of ~II peno~st
PROVIDEO. ALWAYS Nwt if rhe MORTGAGOR sF~all pay wHO the JMORTGAGEE tM promisfory note haeinbefon datribed ~nd sMll trvly. P~~h
and fu11Y pe.form, d~~s. ~:ecute, comptete. canpfy wirh and sbide by sach and ew.y the atipvlatiau, apree,nents, wnditions and ooven~nq of sai0
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p?omissory note and of tha Mwtg~e. el+e~ thit Mortgspe and the bfats hereb~r created ahall t~a~ and b~ null ~d void.
IT IS UNOERSTOOD tlrt the wad "Mwtyspor• wheH+er ie~ tht ixgular a plunl u?ywhert in this Mwtyapt, sMll h si~pular if one only and
shsll be pkrral jointly and ~everallr if rnon tiwn on~, and rhat tk~ word "their' as used snywhKS in this 1Nortyape shall be tak~n to mean "hb,•• ••Mn,••
: w":ti.° whertva the oomext io implies a admits. Aho. N?~t whereva then is s ref~?eno~ in tM oovenanb and ~pr~ernents herein oontsir»d to any of
F rhe psrties he.~o, the s+me sh+tl be oonsnued w mean as w~ll as the heirs, ky~l npresent:tives. suaessors and ~uipra (eithK voluntary by act of th~
psr+ies w imrolunrw M oP~atia+ ot the I~w) oi t!v sare~e and th.t ~l~s co+r.nana here~n confa'u+ed shall bind u+d rM b.nefin and advam.pes Lxrn
ro the ~espediw Fwin, 1e9+1 rapre~ent~tives, wcossw~s and ass%~s of th~ p+rties hereta
` Md ssid Mort~+pws, for ti~emselves and tl+e"a he'as, Itysl repre~entatives, succes~ors ud ~ssigns, hereby jointly and teva~lly cov~n~nt and pne
t to and with ths wid MCIRTGAGEE, its wocasors and ~uipns:
t 1. To psy ~il and sirqular the pr'u~dp~l and irKerest and the vuious and aw~dry swns of moMY WYabl~ by virtw of said promissory iwt~, snd thit
morty~e, sach and wery. Pranp~h? on thr days rnpeetiveH the s«ne a~wraiy bscan~ dw.
2. To pay all ~nd sigular the ta:~s, asses~menn, kvies, liabilities. obligstions ~nd ~ncwnbranas of ~very r?~tur~ and kind raw o~ said deurNkd
; WoP~Y. w thn hereafsa msy b~ irnposed, svffaed. Pi+oed. kvied, or asteued tlronw~, a ti~at hereafia miy b~ Iwad o? uses~ad upoe~ ihi~ Mwq-
€ +ye, or tM fnd~beedness senwed hanbY, sxfi and every, wt~en due and pay~bk, acoordwg so taw, Mfore thry beconw d~lirqwnt, ~nd b~fon uqr LM~aat
t anaches or any pen~lty a incurred; AND If~tSOfAR AS ANY iHEREOf IS OF RECORO THE S/IAtiE SHAit QE PROMPTLY SATISf1ED AND DISCIIARGED OF
' RKOR~ AND TNf ORIGINAI OFFlClA1 DOCWNENT 15t)CH AS, fOR INSTANCE, THE TAX RKEIPT OR THE SATISfACTION PAPER OFFICIAIIY ENDORSEO
~ OR CERTIFIED) SFIALL dE PLACED IN THE HANpS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AiTER PAYMENT; u~d in t!?e ~vtnt that ~ny therwf h no1
z ps~d, sat'sfied and d~uha~ged sa,d M~ORTGAGEE ~nsy st ar+y r~me p~y the sams or any psrt thereof withovt waivirg w ~ffectiny a~y option. lien, equity o?
•~pM w~de~ or by virtve of th;s mong~ye and the full ~nt of each and every wch paymeM sh~ll be immediately due and pay~bk and shall bear inter~st
~ ~.om rhe date tl~eof until paid at rate of nine per ce~tum pe~ a~num and to~ether w+th such ' ter t I s~cwed b the lien of tb:s +norptpe.
~ o~~.~ ~2~359
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