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HomeMy WebLinkAbout0314 ~ 2f~460'7 ~ ~ , . ~ TMIS INDENiURE. Made the 26th day of ~.4RtenbfZ ~ A.D. 197~. betv~r~en o n onq o ann a? n y s w ~ of St• LL~i• Counfy Florida, heteinafter desgnated as the "MOR~GAGOR," and fIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, s corpora~ion ory+ni:ed and existin9 unde~ ~he laws of the U~ited Stat~s of America end having iti p~incipal place of business in tM ~ity of'Fwt Pitres, St, lucis Counry, florida, hereinaiter des~gnared ss tha "MORTGAGEE:' WHEREAS th~ MORTGAGOR is ju~tly indebted ro the MORTGAGEE in the sum of S Z~~~~~~ , 90~ and lawful monoy v~ :hr Un:ted States advanced by the MORTGAGEE unto the MORiGAGOR, as evidenced by a cenain prom~aswy note of even date herewith, of wh:~n tha followir.g in wordi and f~' yre}~~ a true copy, to-wit: 1~2~4~ s ~~~W~W ~,~p Fwt Pierce, Florida, SePt~abar Zb ~q 73 Fw value ~eteived, 1, we or either of us, prom~se to pay, without defalca~;on, to the order of FIRST FEDERAL nSAVINGS Ah~D IOAN 1SSO~IATICN OF FORT PIERCE at iort Pierce, Flaida, the sum of s_ 202~~~~ with interest frem date at the rate oP ~25OO pec annum, in ~nonlhly ins4all- mems ai (ol!ows: E 172 on the ~l~~ day of Jan~=y 19-~~ and a like sum on the correspond~ng day of each month there- after until the whole be fully paid. ' Each installment fint shall be applied in payment of the inferesl and ~hen on the unpaid balance of the prinupal sum. If dv~ault is made in ~t~e payment of any installment when due, and such default continues 30 days, then at the option of the holder, and without any othe? notice, ell t4ue ~P*i*+~~~~9 ~~~stallments shall be due and payable at onco. Privilege is given to p?epay this note in whole or in part at any time without penalty. Neither fwebearante, nor acceptance by the holder thereof a(ter any default in any payments heseon, shall be deemed exteniwn. A late payment charge of S- 8~60 shal{ be added to each installment remaining unpa~d 7 days after its due date, and a I~ke sum shall be added to each such installment remaining unpaid 7 days afler each succeeding payme~t date. Each maker, surety arx! endorser hereof, jointly and severally, waives dcmand, presentment protest and notice of protest for nonpayment, and further agrees to any extension of time of payment, either before or after maturity, without notice to any of us; and fo pay all costs of collection, includ:ng a rcasonable attorney's fee in the event of any defaui~ hereunder, and hereby severally waives all be~efit of homestead and exemption urider the constitution and laws of each Srate of the United States, as against this obligation or any extension or renewal hereof. Witness the hand and seal of each party. • s/ John Bonaiovanni ~n~~ (SEAL) (SEAL) - s/ Winnie Bon~iovsnni ~s~?u ~ 1 State Revenue lSrstnpr~iselle~ vrr eHgR+~I ~ef~ NO~M, TNEREFORE, the MORTGAGOR fo~ the purpox of sccvring payment of sa~d sum of = +nd the pcrformance of ths covenants snd agreements hereinafter expreued, and for divers good and valuab!e considerations, by these prexnts, does gra~t, bargain, sell, remise, re!ease, convey and confir~~n.o the~QR7GAGEE, its succeswrs and ass~gns, ell that certain lot, piece or parcel of land, situate, lying, and being in the County of L 1B a~d State of fbrida, dewibed as followi: Lot 35~ Block 119, POR? S?. L[lCIB SBC?ION 27, aa per plat thereof on lil~ in Plat Book 14, Page 5, ot the Public Recozds of St. Lucie Connty, Florida,d i ~ ~ _ ~ _ STATE ~F FLOP. ~DA ~ ! z DOCUMENTAR~~:::, Stl~MF ~ ~ ~ i~i - ° t € ? ~ ~ ~EPT. Li RE~ENUE'_ • ~ (N P~~ ~ i ~ - - ~ °O ~ OIE pq qAS3'C INTAq91e1E PfRS071+11. /~l~t[Y. ` • - = s~' •73 3 0. 0 0 1 P~ TO CFWTER 71•i~, ~us oF iwL ~ ~ = eg. $ ~ r;~ z o = t~~o2 ' ' ~fiES !'WfIW ~ ; ~ . . . . ~E~t i1~1ilT OONQ, E~ tLI01E ~ ftA , ~ ~ ~ ; ~ ' ~ tcgether with all and singufar the tmements, hereditaments and appurtsnces thereunto belonging w in enywise appertaining thereto, and all rents, iuues, ~ proceeds and proiits accruing and ~o accrue from said premius, all of which are included i~ t!x above snd foregoing description and habendum. . ~ TO HAVE AND TO HOID the above desuibed and granted premises unto the said MORTGAGEE, its succesaors and auigns forever. And the said h50RTGAGOR for -~hg~'----- heirs, executws, adminislratws and assigns, hereby covenanh with the said MORTGAGEE, iri successws ~nd ~uiym, ~ ~ rnat --~~Y lawfuily seized of the said prem~ies in ~et simple; that the same are free, clear and diuharged from all liens and erxvm- ~ brances in law w in equity, and that t BjL will and ~Qir heirs ahall wura~t and defend the title to the same to the aid ;a MORTGAGEE, its successors and assigns, faever against the Iawful claims and demands of all penon~; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promitsoiy nots hereinbefore deuribed +nd shall truly, promptly and fully perform, diuharge, execute, complete, compiy with and ab3de by each and every the stipulations, sgreements, conditions and covenants of ~aid = promissory rate and of this Mortgage, then this AM1ortgage and the Estate hereby ueated shall ce~se snd be null an~ void. IT IS UNDERSTOOD thst the word "Mortgagar" whether in the singular or plunl snywFxre in this Nbrtg~ge, shall be singular if one only and - shall be plura) jointly and severally if more than one, and that the word "their" ~s used snywhere in this Mortgage sMll be taken to mean "his;' "hers;' ~ or "its;' wherever the conteat to impl~es or admits. Alw, tha? wherever there is s reference in the covenants ~nd agreements herein contained to any of rhe p+rties hereto, the same shsll be construed to mea~ as well as the he~rs, legal representatives, successon and assigns (either wluntary by act of the parties or involuntsry by operatan of the law) of the ssrtse and that the covenants herein co~tsined shall bind and tht benefiri and advsntsgd inure 3'• to the respedive heirs, legsl rep?esentatives, successws and a:s~gns of the parties hereto. And said Nbrtgagors, for tlxmulves and their heirs, legal representatives, successon and a~syns, hereby jointfy and severally covenant and apr~e ~ ro end with tF~e said MORTGAGEE, in succasors and auigns: r~ 1. To pay all and singular tlx principal and intereit and the various and sundry sums of money p~yable by virtue of said p?omissory note, and this mwtgsge, each and every, promptly on the dayt respectively the same severally become due. r~ 2 To psy aIl +nd iinguls? the taxes, assessmenti, levies, liabilities, obligations and encumbrancet of every naturs and kind now on iaid dewibed property, w that hereafte~ may be imposed, suffered, placed, levied, or suessed thereon, or 1ha1 hereaffer msy be levied or asussed upon this JNort¢ ~ age, a the indebtedness secured hereby, exh snd every, when due and payable, ~ccwding to law, be(ore they become delinquem, ~nd befwe s~y inte~est _ atraches w any penalty is int~rred; AND INSOFAR AS ANY THEREOF IS OF RKORD TME SAME SHAII BE PROMPTLY SATISfIED AND DISCHARGE~ Of RECORD AND THE ORIGIhAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTAN~E, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED ; ~ OR CERi1F1ED) SNALL BE PLACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT; and in tF~e event that sny thereof is not ' ~ Paid, saYS4ied and discharged sa:d MORTGAGEE msy at any time pay the same a any part thereof without waiving or affevirg sny option, lien, equity w •~qht under w by virtue of this mortgage and the full amount of eath and every sucb paymeM shall be immedi~tely due and payable and shall bear interes? rt; ~.om the date thereof until paid at rate of nine per centum per annvm and together w~th such interett shell be ucured by the lien of th:s morgta9e. 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