HomeMy WebLinkAbout1326 ~ 263269 L"
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THIS INDENTURE. Made tl'ie 4th d~y of S~DL@ebe! ' A.D. 19 7a~., between
Robert J. Braccio, a s ngle a~dult
of St• LL1Ci~ Cp~nty Flprida, htreirtafter designated as ths "MORTGAGOR;' and FIRST FEDERAI SAVINGS ANO tOAN
AS$OCIATION OF fORT PIERCE, a corporatio~ ap~ni:ed and exiiting u~de~ tM tavw of th~ Unit~d Star~i of America snd havinp its pri~cip~l place of
businns in tM City of Fat PiNCS. 51. lucN County. Fiwida, M~einafte~ deignated u ths "MORTGAGEE."
WHEREAS the MORIGAGOR is justly indebttd ro ths MORTGAGEE in the sum of = ib ~~0 good and Iswf~l money of ths United
Sratet advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by ~«rtain promiuory nofa of ever~ date herew;th, of wh~ch the (oliowinp in ~
words and figures is a trve copy, to-wi~:
s 16 ~000 .O O r,~, 100203QQ
fwt Pi~rc~, Fbrida. Septenbq.r_ 4 19~
Fw wlue received, 1, we or either of us, prom~se fo pay, without defa:catian, to the orde~ of FIR$T FEDERAL SAVINGS ANU IOAN ASSOCIAIlON OF ~
p S
FORT 71ERCE al Fwt Pierce, Flwida, the sum of s 16~~~•~ w;~h interest from dale at the rate of •9 % txt annu?ei, in manthly inftalL
mems as fol!ows: S 1~ - on 1F?e~h day of ~t~~sr , 19 73 and s tike sum on fhe ca~espondL.p day of esch month the?r
afeer until the whole be fully paid. ~
Each installment first shall be apptied in payment of Ihs iNerest and then on the u~paid balante of the princ~pal sum. If defauh ia msde in toe
payment of any installmenl when due, and such dafault continues 30 daya, then at the option of the holder, and withovt any other not;cv, at! the remaininy
~ns~atiment: shall be due and payable at once. P~ivilege is given fo prepay this note in whole or in psrf at sny time without pa~alfy. Neither i~orebearante,
nor acceptance by tiie holder the~eof after any default in any payme~ts hereon, shall be deemed extension. A late psyme~t charge of s 7• 20 . shall be
added to each installment ~emaining, unpaid 7 days ahe~ iri due date, and a like sum shall be added to each suth instaltmtnt remaining unpaid 7 days iher ~
each sucteedlrg payment date. - ~
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fsch make~, surety and endarse? he~cof, jointly and severally, wsives demand, p?esentment proteat a~d notice oi protest fw na~pay~xM, and furthe~
aqr~,y ~p ~~y lXtMfiOn Of time Of paymMt, either before w after maturity, without not~ce to any of us; and to pay afl costs o1 coltection, including ~
reasonable attorney's fee i~ the eveN ot any deiaui~ i,ere~~wrr, a~~d ~.a:eb~ sa~r:a!!y svai~as a!1 ~n:~fir of homestead and exemption under the constitution
;nd laws of each State of ~he United Statas, as against this obligation o? any extension or renewal herrof.
Witttess the hand aru! ual of each party.
s/ Rabert J. Braccio, a ~,~y
ainale adult ~u ~
ts~?U f
i $ ~4.00 1 State Re~enue #
(6?e~np~ c~w~eMed a+ oeiyh+sF-ne~e~ -
NOW, iHEREFORE, thc MORTGAGOR fa the purpose of securing payment of said svm of S 16 and the performuxe of th~ E
covenants and agrerments hereinafter eapressed, and fw divers good and wluable considerations, by these preuMS, does grant, barpain, tell, remise, }
~eksw,-coa,~r-aad_tr~.+t~m ..~te ~he M~RTGAGEE iri sutcessors and assgns all that certai~ (ot piecs or parcel of lend situate lying and being in the j
County of S t. LUC i@ , and State of Fbr~da, dcwibed as follows: ~ ~
The West ~7.0 feet of the East 294.~ feet of the South 130.0 feet
of Block 50, I.AKBWOOD PARK UNIT NiD. 5, as per plat thereof on file '
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in Plat Baok 11, Page 5, of the Public Records of St. Lucie County,
Fl or ida f . . . . . . . . . . .
a TA E ~F L.ORtDA ~ ~
o= `y' OOCUMENTARY STAMP tA x ~
D£Pi: OF (tEYENYE , • ~
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. _ iM ?.lfi'E'!' Gf ?~XES
~,IASS 'C' IMiAtiGIBL.E 'E'~ ;J:~ ;l P'D'6t1't~
.t TO ~IiRA3 ~Q~ Il.
' U,FRK M~t C~i~i tL I~pC1E ~r 1~
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~ rogether w;th ~II ~nd singular the tenements, hereditaments and appurtartces tlxreunto belong~rg w in anywise ~ppertainirg thrrefo, and ~(I ren», iuues,
' proceeds and profits ~cvuing snd ro accrue from said premises, all of which ue inctuded in the ebow and faegoinp dewiption and h+bendum. #
; TO HAVE AND TO HOID the sbove deuribed ~nd granted premises unto the said 1NORTGAGEE, iri sutcessors and ~uigns forever. Md tM said ~
:utORTGAGOR fw h~¢ heirs, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, its tuccessors and ~sti~rr,
' rhat ~s lawfully teized of t1~e said premises in fee simplr, that the same are frae, cie+r ~nd discharyed from all Ikns ~nd N+cvm~
t
' bra~xes in Isw or in equ7ty, and thar he will and ~g hein sfiall wsrnnt ud defend the title to the sams to the s~id
~ MORTGAGEE, iri successors and suigns, forever against the Iswful claims and demsnds of all persons;
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PROVIDED. ALWAY~ ti?at if ilie 7VIC3ATGAGOR iYitt-pay-unto-the ~YiORT6AGfENa-pron+issary-aots-l~~inbsfore~esui6ed.,end_ shal~ruly,_prompfly_____~ '
and futiy periorm, diuharge, execute, compkte, comply with and abide by exh and every the stipulations, ~yreemenb, conditions ~nd tovenanb of said
oromiasay rate and of this Mwtgage, then this Mwtgage ar+d tMe Estate henby ueated shall ceas~ snd be null and void.
IT IS UNDERSTOOb that the word "Mortgsgor' whether in the s~ngular or plu~al a~ywF~ere in this Mwtgs~ee, shall be sir+Qvlu if one only ~nd
; shall be plural jointly ~nd severaity if more thsn one, and 1}~at the wwd '9heir" ~s ~ned ~nywhere in this Mutyay~ shall be taken to mesn ••his; ••'hen
4 or "its;' whereve~ the context w implies w admits. Also, that wherever there is a reference in the covenants and ~greemenri herein toMSiixd fo arryr of
rhe parties hereto, the ssme shsll be construed to me~n as well ss the hein, kga! rspresenratives, svcceuors and auiyin (either volunlary by ~ct of tM
partie~ or inrolu~fary by operaYan of the law) of the same and that the covenants herein contained sMll bind and the benefih and ~dwntayes invr~
to the respective heirs, legal reprexntatives, successwi and sss~y~s of the parties hereto.
Md said Mwtysgors, fw themxlva and their hein, legal represemativa, successws and auigns, hereby joi»tly and severally tovenant a~d apree
to snd with the said MORiGAGEE, its successors and auigns:
1. To pay all and singulsr thc principal and imerest a~d the varian and wndry sums of money p~yable by virtue o! ssid ptomi:sory note, ~nd this
morty~ye, each ~nd every, prompNy on the days rospectively the iame seve~ally become due.
' 2. To pay all ar+d s~rgvlu ti+e tsxes, assessmenn, kv'~es, liabitities, obli9stions and e~cumbrs~ces of every natws and klnd now on said deiaibed
~ property, or t1~at hereafter may bs imposed, s~fte+ed, placed, levied, or assessed thereon, or thst hereafta may be lev'~ed w assessed vpon this Ma1g
age, w tM indebtedneu secured hercby, each and every, when doe and p~yable, xcordirg ro law, befwe they become delinquent, and before any intaest
attaches w any penalty is incurred; ANO INSOFAR AS ANY THEQEOF IS OF RKORD TME SAME SHAII 8E PROMPTLY SAi1SfIED AND DISCHARGED OF
RECORD AND TME ORIGINAL OFFICIAI DOCUMENT (SUCN AS, FOR INSTANCE, THE TAX RKEIPI OR THE SATISfACTION PAPER OFfICIAtIY ENOORSEO
z OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TfN DAYS NEXT AFTfR PAYMfNt; and in the event that any thereof is not
~ pa~d, seCSfied anc! d+'uhaaged sa:d MORTGAGEE may st any time pay the same w sny part thaeof withoul wsivi~g w affectiny any opfion, lien, equity p
•~qht unde~ or by virtue of this mortgage and the full amount of eath snd eve?y such payment sF~~II be immediatety dve and psysble eod shall bear inte~dt
kom the d~te thereof untit paid at rate of nint per centum per annum snd topether with suth interestUs R{ be secured by the lien of th:s mw9tape. j
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