The URL can be used to link to this page

Home My WebLink About2198 ~ ~ 263888 , . ` THIS INDENTURE. Msd~ the 7th day of AuSLuat ' A.D. 1973 betw~ee? Louis J. Cassella and BeYnice A. Cassella~ his ~r~f~ ' of St• L~Ci@ Co~nty Florid~, FN~fIMNOf desiynated as th~ "MORTGAGOR;' and FIRST FEDERAL SAVINGS ANO IOAN ~ i ASSOCIA?tON OF fORT PIERCE, a cwpaation ory~nized and exi~tinp unda th~ I+ws of tM U~ited St~~~s of Ameriu ~nd Mvinp iM princlpd pl~c~ of bwinps in tM Ctty of Fat PiKU. St. tuci~ Counry, fbrid~, M~einafta deijynat~d,~s tM "MORTGAGEE." j WHEREAS tM MORTGAGOR is jwtly indebted to tFw MORTGAGEE in ths sum of ~ 28 ~ 300~ ~ yood and lawful money of the Un~ted ~ Statei +dvanced by ths MORTGAGEf unto the MORTGAGOR, as evidanced by a ce~tain promiuory note of sven date herewith, of which the foilowinp in i w«ds ~nd f' ures is a trw copy, to-wit: = 28 ~ 30~~ 00 No 1~02030~. Fort Pierc~, Florida, Au9ll8t 7 ~q 73 For value received, 1, we or either~F us, promiis fo pay, without defalcatio~, to the ordar of FIRN FEDERAI SAVINGS AND IOAN ASSOCIATION OF ~ FORT PlERCE at Fwt Pierce, f:wida, the sum of S28 • 3~~ ~ with inte~est irom date al the ~ate of ~s Z~'Xs per annum, in monthly initalL ~ ment~ ~s (ollows: = 233~~ on tF~~h day of ~C~IDbeY - lq 73 +nd + I;ke sum on the cwre~p«~dlnp day of each month therr ~ after until the whole be fully paid. Each ir?srollment first shall be ~ppl~ed in payment of tM interest and then on the unpaid baluice ot the principal sum. If defaull is msd~ in ihs payment of any installmH?t when due, and such deFault con~inues 30 days, then at.the option of the holde~, snd wi~hout any other no~ice, all Ihe remaininy ~nstallments sMll be due and payable af once. Privilege is giveo to ptepay thi~ rate in whole w in p~rt at u~y time without penalfy. Neither fotebsar~txe, F nw acceptante by ~he holde~ thereof after any default in any payments hereon, shall be deemed cxtension. A la?e payment charge of i~ahall be added to each installment remaining unpa~d 7 days after Its due date, and a like aum shall be added to each such installment remaining unpaid 7 days aftet each wctaeding payment date. Eath maker,- wrWy- and ~+duaar- htrwf, joinNy and tavsrally, waives dempnd, preuntmenl protest and r.otics of_ ~trotest for nonpaymeM, +nd furthet agrees to sny extcnsion of time of payment, eithcr before o~ after maturity, without notice to any of us; ~nd to pay alt costs of collMion, lnclud~ny a reasonable attwney i fee in tha event of any default hereunder, and hereby severally waives all benefit of homestead and exemptioo under Ihe conatitution i and laws of each State of ~he United States, as against this obligation a aoy extension w renewsl hereof. { Witn~ss the hand and seal of each party. ' cs~?u s/Louis J. Cassella ~~U cs~?u s/Bernice A. ~Cassella ~ ~ $42 ~45 ) Stat~ Revcnue i9*d+*Pr'~+te11M~ en~aHga+a/Tete1 • NOW, THEREFORE, the MORTGAGOR for the purpose of ucuring payment of taid sum of i 2~ ~ 3~~ ~ and the pe?form~nce of tM covenants u?d agreements hereinafter expresxd, and fw divers good and valu~ble consider~tions, by tFwse presenri, doea 9rant, barp+i~, se{I, rcmise, release, convey and confirm unto the MORTGAGEE, its succeswrs and auigns, all that certain lot, pieos or pucel of Isnd, situate, lying, and bein~ in ths Counry of St • j.11C~@ and St~t~ of Florida, dewibed ~t followt: Lot 5~ Block 53, South Port St. Lucie Unit 5, according to the plat thereof re~ corded in Plat Book 14 at page 12 of the Public RecoYds of St. Lucie County, Florida, STAT~ ~F FLO MPLTt.~X I DO UMENTARY S~. A ~-Z+ t° DEPT. O REYE1'1UE ~,r _ 4 5 i _ = ~:.~~•T: - _ ; 4 2 ~ _ _ - ~ ~ ~ =,~,o: j . 4 ~ ~ - - ~ ~ _ ~ ti~ p~~ tra~ t ~ g ~ 1l11AN6~~1~1~ lyl l. ~ ER T1- ~ pURSU~ T~ PORMs 1E 0~.. fU~ , up~ylt OOURT~ S(. ~ ; $ - , i ~ ~ ~ ~ t ~ ~ togethet with ~II u~d singular tfie tenements, hereditamen» and appurtsnces thereunto belagirg a in anywise ~ppertaininp iherefo, u+d all renn, iuwb prot!!ds •nd profin acuuing and to acvue from ssid premises, sll of which are included in the +bove +nd foreyoinp description and habendum. ~ TO HAVE AND TO HOLD the abore described and granted premises unto the said MORTGAGEE, its waeswrs and ~ssiyns forevK. And tIN said their V MORTG R fw - heirs, executon, ~dministr~tors snd suigru, hereby covenanb with the t~id MORTGAGEE, its succ~ssors ~nd ~uipn~, ~ fhat ~ey are _~a~~iiy ui:ed of ~he ssid premises in fee i~mple; tMt th~ sam~ ~re fne, clear and diuharyed from atl lier?s and ~eKVrt~ ~ brsnces en law or in equity, ~nd thst they will and their hein tha11 wsrtant and defend ths titk ro 1F?t tarn~ to the said MORTGAGEE, its successors and auigru, fwever sgainst the lawfvl claims ~nd demands of all perwns; ~ ~ PRAVIDED_ AlwAl($ that if fhe MORTGAGOR shall ~r unfo thQ MORTGAGEE the wom?ua_~te hereinbefors dexribed snd slull truly, promptly ~ r ar+d fully perfwm, d~schsrge, execute, complete, comply wi?h and abide by each and every ~he stipulatioro, sgreements, c iiions • coveoants sa promissory no~e ~nd of this Mort9aye, t}ron this Mwtgsye snd the Estate hereby vested shall uas~ and be null ~nd void. IT IS UNOERS100D that the wwd "Mort9sgw" whether in the singular w plunl anywher~ in this Nlortpage, shall be unpulu if ont only and ~ ahall be plural joiMly and severslly if mae than o~e, and that the word "their" ss vied ~nywhere in this Mwtyape shall be taken to m~an "his," "htrs," or "its;' wherever the ca+teat w implies a edmits. Alw, that wherever there is a refaence in th~ cove~aMS snd a~reemenri herein oontsined to any of ~ rhe parties hereto, the same sMll be construed to mea~ st well a~ the hein, I~yal ~~presentative~, wccesiors snd auigra (either volunt~ry by act of the v- partiea w involumsry by opention of the law) of the same and that the covensnts Fxreio confained shsll bind and tF~e benefit~ and adv~ntapp irwr~ ~ ro the respective h~in, ley~l represcntativ~s, wccessors a~d au~9ns of the p~rties hereto. 4~ Md iaid Mwtgsgors, fw themxlves and their heirs, Iegal representatives, succeuas and auiyro, hereby jointly and severally coveoant and ayree ~ to and with tha ssid MORTGAGEE, its successors and suipns: ~ 1. To all and si Isr the mci I~nd interest snd tF+e variovs and sundry sums of able b virtue of ~aid om' note, u+d thia wr ~ ~ a~ ~r wr r w~+«r ~ ~ mortgage, each and every, promptly o~ the days ~espec?ively the tame sevsrally become due. ~ ir+ ~ 2. To pay all and singulaa the taxes, assessments. Iwies, lisbilities, obliyatio~s and encumbrances of every n~tun snd kind now on said dewibed p~operty, a that haesfter may be impwed, suffered, placed, levied, or asessed thereon, w tMt hereaft~r may b~ levied or asses~ed upon this Matg~ ~ ege, or tlw indebtedneu secured ke~eby, eacl~ and every, when due and payabl~, accadinp ro law, befw~ th~y becan~ delii?q~eM, and Mfw~ ~ny intere~~ ~ artaches or any penalty is inturred; ANO INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII dE PROMPTLY SATISf1E0 AND DISCHARGED OF ; ~ RECORD AND THE ORIGINAI OFFICIAI DOCUMENT (SUCH AS, FOR INSiANCE, THE TAX RECEIPT OR THE SATISFACTfON PAPER OFfICUIIY ENDORSED ~ ~ OR CERTIFIED) SHAII 8E PIACED IN iHE HANpS OF SAtD MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event thst any thereof is not paid, sat'sfied a~d disch~rged satd MORTGAGEE may st any time pay the iame w+~y pan thereof withart waivinp w sf(ectinp any option, lien, eqvity or ~ ~ •~aht unde~ w by virtue of this mortgsge and the full amo~nt of each and every such payment thsll be immediately d~e and payabk ~nd shall bear interest - ~.om tF~e dete thereof u~til paid at r~te oi nine per centum pet annum and toyether with ~~ch inter at ihatl be secur by the lien of th:s mo?ytye. 1 ~ sooM2~$ PA~E219~1 ~ ~ : - - ~ ~ ` r ~ , . W~'~~~'~