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. 262253
- ttns nJueNlurtE. M.e. :19th d,y oi Julv . a.c. iq~23.. baw..~,
s~ba~tian DeSa2vo and Lucy M. DeSalvo, his wite •
of SL. Lucie CqM~y Flwida, htNinafiM dt~ignated as th~ "MORTGAGOR;' ~nd FIRST FEDERAI SAVINGS AN IOAN
ASSQCUIIQN QF iQRT PIERCE, • cwpa~tio~ orp~iz~d ~nd ~xiuinp unda+ tFa I~ws of tM Unit~d S~~aa of AmKic~ and Mvi~ in.p~~~ ~u of
bu~s~ in tFw Gty of Fort Pi~.a~. St. luti~ Counry, flotida. hertin~fta d~sipn~l~d u 1M "MORTGAGEE." ~.t
WHEREAS rM N10RTGAGOR h wsNy ind.b~d ro rM MORTGAGFE in fM wm of ~ 29 s ZOO• ~ ~ood i~d lawfvl montY of.NwUnited
Sta~~s ~dv~nc~d by the MORTGAGEE ~nto tM MORTGAGOR. as ~videnced by a certain promiswry ~ot~ of even date hs~~witFy of whid+ tM tolbwinp in
words ~nd fipvrp b a trw copy. to-wit:
~ 29,,~QQ.00 ~ '10020216
Fwt Pkrc~. Florkl+. ~~l 19 19_~~ ~
14 far wtue reoeived 1, we or sither of us, piomise to psy, without de~alcation, to the wda of FIRST FEOERAI SAVINGS AND IOAN ASSOCIA?ION OF
29 200 00 '
FORT PIERCE a! Forf Pl~ru, Florid~,, the sum of = + • with interest irom dafe ~I the raf~ of ~_96 psr ~x?um, in monfhly iratall- ~
r„enn as fotlows: i 226.~ oo the 20th ~y of _ O~ctobar 19 73 ~nd a like ivm on ths cwrespond~np day of ~ach momh the.r
, after vnHl tt+e whole be fully paid. `t
~
E~ch instai~ment first shall be applied in piym.nt of ~hs ~nrerest a~d then on ths unpaid balanc~ of the princ~p~l sum. If de(suh is mads in th~ ;
payrpent of ~ny ir?stsltment when dw, and iuch defaul~ continues 30 days, then ~t ths option of ths holder, ~nd without s~y other notice, ~II the remaininp ~
installmeob shall bs due and payabb at axe. Priviley~ Is yiven to prepay this rate in whotr o? in pHf ~t any time without penahy. Neithet fwebtarant~,
v
~ nor accepta~ce by the i~oldar thereof after any defauh i~ anY paymenri hereon. ~hall be dcemed extension. A kte piyment chsrya of = 11• shall be
added !o aath ios~allment rem~inirg v~pi~d 7 days after its due dat~, u?d a like sum shall be added to each auch instaltmer?t remaininp unpsid 7 days afti?
~ each wcc~ading paymK?t date.
~ Each m~ke?, surNy and ~rKlwaer he~eof. jointly ~nd severa(y, waives demand, presentment protest and ~otice of protrst fw nonpsyment. ~nd fwther
agr tp a~y extension of time of paymenf, either before o~ afta malurity, without ~otice to any of us; and to pay all coab of collaction, includinp a j
reasonable attwney i' fee in the event of any defautt hereunde~, and hereby severally waive~ all benefit of homestead aed exemptian ~odar the carotiMion ~
t'~ and laws of each S1ate of the United States, as against this obligation p any extension or renewsl h~reof.
Witness ~hs hand a.~d seal of exh par~y.
' s Sebastian Salvo
~ ,
~ ~?U s
tsFwU ,
~ s L y M. •Salvo ~ ;
~ ~ $ ~ ~ Stats Revan~a , . i
4e++rwp~ ~a~sllwl~w ~i~tw~~ wae} '
NOW, THEREFORE, the MORTGAGOR fw the purpose Of securing paymeni of said sum of s 2~• ~ . ~nd fiN per(wm~nc~ Of th~
covenann ~nd s~nemants hereinaRer exp~cssed. and tor d~vcrs pood ~nd wtwbl~ coraide.afion~, by tlkt~ preaents, does 9ru~t, b~iq~Fn, s~ll, ramise. ~
release, convey and confirm unto the MORTGAGEE, its succeuors and aui9ns, all tFut cert~in lot, piacs or parcel of land, sitwt~, lyinp, ~rd Minp in th~
Counry of St • LuC ~ and Stat~ of Flwida, deaaibed u fotlowt:
Lot 13, Block 44, LAKBW~OOD PwRK UNIT ND. 5, as per plat thereof
on file in Plat Book 11, Page 5, of the Public Records of St.
Lucie County, Florida, ~
,
~ . . ~
.,s AT oF ~ 1
~'l,,,pR~ - - ~ ~N ?~war o~ vuc~ j
g~ ~0 UMfNTARY ~A ~ pfRypnK PwoPOtn, ,
Kn ~ $ Pj- ~ RFYfNt
~
r~~~',"tSTAMP TA x ~ Ot~.ON CLAS$~~ ~7g ~ 1lfl. ~ ;
^ ~.L +w?~•~~ ~ ' ppGpt POITRAS 3
. Q_ ~~~e: . •.4'~ = 4 3 8 Q i ~ ao,r~r sr. u~c~ oo. ~ ;
+ ~ .
4
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i
together with atl ~nd singvbr 1he tenementt, he?editsments and ippurtsrxes thereuMO Mlonginp w in anywis~ appat~ininy thersto, and all r~nb, hwq,
prxeeds and profin acvuiny and to acuue from said prcmises, a11 of wFi~ ~re included in the sbove and fora9oinp dewiption ~od hsbend~xn.
TO HAVE AND TO HOLD the ~bove described and yrented premises unto th~ s~id MORTGAGEE, ib avoteswn and usipen forswr. Md t!» aaid =
~ MORTGAGOR for their heirs, executon, administratws snd ~uigrq, he~eby tovenanb with fhs said MORTGAGfE, ita woctsson and astipn, i'_
rhat thav ara ~awfully seized of the aid premises in fee simple; that tM sams ~re hee, clsu and discharped from all liens and ~nowo- ?
brances in law w in equiry, and thst
th@V wilt and th~ir . hein s?~all warr~n! and deftnd th~ title b the sams to th~ ss~d
' MORiGAGEE, its aucceuors and assiyro, fwever sy+irot the Iswful claims-and demands of ~II personst
PROVIDEO, AlWAYS thst if the MORTGAGOR shsll psy unto the MOitTGAGEE tM promissory note hertinbefw~ dsstribed u+d sMll tnrly, promptfy `
and fully perfwm, d'~sd~rpe, execute, compkte. comply with s~d ~bide by esch aod every the stfp~latiwis, aprssments, conditiom and oov~ewnn of said ~
~ p.omis~wy note ind of this Mort9a9e, t}~ thn Morty~ge and the Estate her~by veated shall uas~ and M null and void. ~
, IT IS UNDERSTOOD that the word "Mwty~gor" whether in the singvlar a plwal ~nywhert in this Mwtyape, thall be siegvlar if on~ only ud ~
shall b+ plural iointy and swaslly if mwe th~n ont, snd tf~at tM word "their" s~ uud anywhKe tn this Mort~apt ah~U be nken to mein "hb„" "l~s,"
w•in.•• whaever the comext so implies w admits. Also, that wherever thae is a nfaence in tla covenanq a~d apreements heran contsv~ed to any of ~
the psAies hereto, the sarne ihall be conitrued to mea~ u well as the hein, I~yal representaYrvef, succ~ssas ud auigiu (eitfier votuntary by ~ct of th~ }
FsrY~es or invol~nury by operation of ths law) of the same and that the coven~nb herein containsd shall bi~d a~d tl» b~~efits and advama~s Lw?~
to the respectiw heirs, kyd representatives, wccessors and ~u~yr?s of tFn puties her~to.
Md said JY~ortqspors, for themselves snd thcir heirs, kgal representstives. succeuws u~d auipns, hereby jointly and sev~rally oo~veewnt and ~pne
fo and witfi fl+e said MORTGAGEE, its succeswn and assigm:
1. To pay ~tl and sinpulu the p?inapal ~nd inteie» aod tM virian and wndry swnt of mw~ey paYabl~ by virtw of said promiswry not~, and eM -
mortyaye, each ~nd swry, pomptly on the d~ys respectively tht tame sev~rally bacam dw.
Z To pay ~11 and sinyvla the taxes, aasesunenn, levies. IiabiliY~es, obliy~tam u+d e~x~xnbrsnas of every natwt and kind now on saW dew&~d
property, or rha~ he.eaft.r m+r 6e Gr^Posed, suffe+ed, pl.ced. kvied, or •ue,sed rircreon, or rhaf here•ffer may M Iwied or assessed ~rpon tiAs Morp-
i sge, a tFM indebtedness secured hereby, e+ch and eve?y, when due ~nd payabl~, ~ccordinp w I~w, befwe tMy becorn~ d~linqwm, and befon ~ny imaat
' atteches w~ny penalry is inturred; ANO INSOFAR AS ANY THEREOF IS OF RKORO THE SAJYIE SHAtt dE PROMPILY S/lTISfIE~ AND DlSCHI1RGED Of
RECORQ AIVD THE ORIGINAL OFFlCIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SA?ISFACTtON pAPER OFFtC1ALLY ENDORSEO
's OR CERTIFIED) SHAII aE PIACED IN THE HANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; snd in the went thst any flNrsof ,i~ not ~ `
paid, sN:sfied and discF~uged sa:d IYIORTGAGEE may at ~ny tims pay tht tame or any part t?~e?eof without wtivin~ w~ffectiny ~mr option, liab equity
a ~
~~pht v~ p by virtue of this mortgsge snd the full amovnt of e~ch and every wch payment shall be immediately dw ard payabk Md shall b~ar intar~st
j ~.om the date thereof until paid at rate of nine pe~ centum per ann~m ~nd topetf~er with i~th intaest ~haN bt sAtw~ jrY„jj~t Iurt ~~s morptapa
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