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Home My WebLink About2450 ~b40~3 ~ y: ' ~ 7 THIS_1CKN1@~ tl. ~ aILISS hci~f August ~.o, 19.-3 . b~twNn rr Marv O. Colarusso, his Mrife ' ' of St. L'uC @ County fbrid~, htr~inaftK dttign~?td ~s tM "MORTGAGOR;' and FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION Of fORT PIERCE, ~ cwpaation orp~niud ~nd ~xis~inp wider ~M laws ot th~ Unit~d Sr~t~t Of MN(k1 N1d INVIf~ H~ Pl~Mipli PIK~ of bv~losu In tM City of Fat Piwa. St. Luci~ Cou~ty, FIwMa, Mr~inaft~r deiip~~t~d as tM "MORTGAGEE." WHEREAS tM MORTGAGpR is jvatly ind~bt~d M ths MORTGAGEE in tta aum of = 35 ~ 7~' ~ 9ood u+d lawi~l mon~Y of the Un~tsd Stat~s ~dv~nced by tM MORTGAGEE ~~to tM MORTGAGOR, as evidecxed by a urtain promiswry ~ot~ of even date herewith, of which tM folbwinp in wwds ~nd f' ures is a trvs copy, to-wit: : 35 , 70~ . 00 ~ 11000149 . F„~ P~.?~., F~.~,, August 16~ i9s~ For value receivad, 1, we w either of us, promise to pay, wi~hout defalcation, to ths wder of FIRST FEDERAL SAVINGSS- AND IOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, fb?ida, the sum of 35 7~ wi~h interest from date at the rats of 8• 7`~s per annum, in monthty instalM menn as follows: t 294• ~ on the 2Ot dsy of ~vember ~973 and s like sum on the cor~espondirg day of each ma?th therr after until the whols bs fully paid. Eath installment iint shall b~ applied i~ paymeM of ths interesf ~nd then on the ~npaid balante of the principal sum. tf defauM is msde in the paymeM of any installment whan due, u~d s~th default tonti~wes 30 d~ys, theo at ths option of the holder, and without sny other notice, all the remaininp installments shall be due and payabk at once. Privile9s is yiven to prepay this note in whol~ or in part st anr nme w~~hou~ Peneiry. t~either faebea.anc.. nor aaepunce by the holder thereof afta any defavlt in anY paYments hereon, shall be deemed extension. A late payment charge of Z 14 • 7O shall be added ro ead+ ie»~alknent remaining unpaid 7 days aftK its dw d+t~, ~nd a lik~ w~a shaU be added to each such installmeM romaininp u~paid 7 days ~fter _ eact? soccsad'mg -psym~ot d~». - - _ _ . - - - - _ _ _ Each maker, surety and endorse~ Fxreof, joimly and ieverslly, waives demand, presentment protest and notice of protest for nonpayment, snd fun6er agrees fo ~ny extensan of time of payment, either before w a(ter maturity, withovt notice to any of us; ~nd fo pay all costs of collection, including a reasonable attorney i fee in tiie event of any default hereunde?, ~nd Ixreby severally waives all benefit of homestead and exemptia~ under the wnstifution and laws of each State of the United States, as against this obtig+tion or any eztension a renew~l hereof. Witness the hand and seal of esch party. S/ Ni ckie H. ~ql~?russo ~ cs~?u S ar O. C r so ~ . ~ ~ $53.55 i Stete Revenw ~ ng payment of said sum of i ~ and tM performsnce of ths NOW, THEREFORE, the MORTGAGOR fo? the purpose of set~ri 3S 7~ covenants and ~reemenb hereinafter expreued, and fw divers good and valwble considerataro. by these preaenri, does grant, barpain, sell, remise, release, convey and confirm uMO the MORTGAGEE, its iuccessors ~nd suiyns, all that crrtain !o!, piece or parcel of land, sitwte, (yirg, and beinp in the County of St . Lucie and $tate of Flwida, dcwib~d as fdlows: Lot 66, Block 472, PORT ST. LUCIS, UNIT ~ 26, as per Plat_thereof on file in Plat Book 14, Page 4, of the Public Records of St. Lucie County, Florida. ,o P ~ oR4 t a oF ~-Sj pM ~ A~'hI ` , ~ 1~ ~..r~ 3.55 ~ ~ , - : . o ~ . . - - ~ ~ r ~ oEp`.~.' _ _ ~f - n = ~ - . . ~ ~ ~d - - - • ~ o~ ~ i ; r ~ 4~, 3 ~p ~ ~ 11102 ' ~ . ~ ~ ° ~ y IN PA1fME1R _ ~ ~ ~ ~ ~ ~ ~a•cR i1-134. IIC1S Of 1911~ % ~ Wi1N1~ rOR1114S ~I ED~ ~1 ~T• Si. WG~E 00. togetF~er with all snd singulsr the tenemcnts, heredit~menh and app~rtsnces thereuMO belonpinp or in s~ywise sppettai~irg thereto, snd sll renb, issues, ~ proceeds and profiri acuuing and to acvue from sa'~d premises, all of which ue inclu~kJ in tM above and foregarg dewiptan ~nd Mbendum. ~ TO HAVE AND O HQW the ~bov~ d~wib~d ~nd yranted premixs unto the said N10RTGAGEE, its suaeswrs and auigns forw~t. Md th~ s~ld ~ MORTG for t~ell he;n, executors, sdministraton snd auigns, hercby covensnn with the said MORTGAGEE, ib succeswn ~nd assi~m, ~~fi°~y are ~ rhat lawfully ieized of the said premiu~ in fee simple; that the ~ame ue free, clear and ditchsrped from all li~ns ~nd entv~ ~ brarxcs in law w in equiq•, and th~t they~,;~i their wurant ~nd defend the titk to the s~rrw to tM s~id MOR ' " ' ' • psy unto the MORTGAGEE the promiuay nots hereinbefore described snd sh+ll trvly, promptly ~ PROVIDED, AlWAYS tFWt if the MORTGAGOR shall and fully perfwm, discharge, execute, complete, comply with ~nd abide by esch and every the stipulatwns, syrcemenb, caxlitwns ~nd ooven~nri of said ~ promissory note and of this Mortgage, tlxn this Mwtys~e a~d the Estate hereby ueated shall cesse and b~ null and void. ~ ~c'~ IT IS UNDERSTOOD that the wwd "Mortg~gor' whether ln the singubr or plur~l ~nywher~ in this Mortg+ye, shall b~ sirgular if one only ud ~ shall be plural 'pintly ~nd severally if more than one. ~nd ti~t the wwd "their" as ufed ~nywMre in tha Morigage sFwll be taken to mean "his.•• •'hers;' ~ w"its," wherever the context so implies w admits. Also, that wherever there Ii a flfNlfK! in th~ tovenanb and spreertro~b herein oontsined fo ~~ryr of the panies hereto, the ssme shall be cautrued to mesn as well ss the heirs, le9al r~presenutiva, successws and suiprn (either voluntsry by act of tht ~ ~ parties w involuntary by operation of the law) of the same snd thst the covenann Fxr~in oonr~ined shatl tiu~d and rM benefin and adv~nbyes inw~ ~ ro the rapective heirs, kysl representatives, succeswrs and au~y~ of the parties Mreto. ~ y Arx! said Mo~tgagors, for themselves ar+d their hein, legal representatives, svccessors and usi~~s, hercby joinNy snd seve?slly tovenant ~nd spree to and v~ritl~ tha said MORTGAGEE, its succsswrs snd assigr~s: ~ ~ 1. To pay all ~nd singular the princ;pal snd interest snd the vsriovs snd sundry wms of moMY paYabk by virtue of taid promiuwy note, and this ~ ~^wrt9+9e, esch ~nd every. Promptly on the days respedively tl+e asme severdly becan~ due. ~ ~ ~ 2 To pay all snd sin~vlu the uxes. ~ssesunenb, levies, liabilities, obliyatia» ~nd ~ncumbrances of wery nawn a~d kind oow on s+id described propert~r, or thaf he~eaN~? may be impos~d, wffered. Placed, kvied, w assessed thereon, w tMt hereafter may be levied a useised upon tF~ia Morp- ~ a9e, or the indebtedneu sec~red he~eby. ~+ch ~nd every, when dw and payable. accwdiig to law, before they becane delinquei+t, ~nd btfwe u?y interest ~ arraches or smr penaHy is inc~rred; AND INSOFAR AS ANY THEREOf IS OF RKORO THE SAME SHAII BE PROMPTIY SATISftED ANO OISCHARGED OF REGORD AND 1HE ORIGINAL OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OFFICIAtIY ENOORSEO OR CERTIFIED) SHAII BE PIACE~ IN TNE HANOS Of SAID MORTGAGEE WITHIN ?EN DAYS NEXT AFTER PAYMENT; ~nd io tMt event th~t any tF~eof is not ~ paid, sat'ified and dixhsrged said MORTGAGEE may ~t any time p~y the tame w any part thereof without w~ivinp or ~ffectinp any optan, lien, equity or •~qht unde~ or by virtue of this mo?tgsge snd ti?e full amo~nt of euh a~d erery such psyment thsll be irtunediately due and psyabk and shall bea~ interest ~.om the date thereof until psid at rate of n~ne per centum per annum and toyethet with ~uch interest shall be sec~red by tM lien of th:s mwqt~ye. ~ ~-t.~ : '~'~s ~ ~ s _ _ _ _ r~~~