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Home My WebLink About2587 ~ 26834'~ 1HlS INDe'MTURf, N4de the ~th da~r of Novenber ~ A.D. 19~ between Frank Josenh [t iva~do and DianQ M R iyw 1~n„~ ht ~~i~,~ 4^ _ of St • LI~C i@ Counfy F~orida, he~eina(ter desgnated as the "MORTGAGOR;' ~nd FIRST FEOERAI SAVING$ AND IOAN ASSOCIATION Of FORT PtERCE, • torpor~tion orQanized •nd e:istiny vndea ~he laws o! the Unitrd Sti?~t of .:mzr~cd snd havir~ itt printipal place of businesi in the City of fort Pieres, St. lucie Couny, florid~, hereinafeer detiynatad as tM "MORTGAGE~:' WHEREAS ths MORTGAGOR i~ jus~ly indebted to tha MORTGAGEE in the sum of S Z1•6~~~ , good snd I:wful monev of the Un~ted States advanced by the /~AORiGAGEE unto tF~e MORiGAGOR, st evidenced by a terra~n p~omi~so+y nore of •~ver, daie herewith, of wh;ch the following in words and figures is a true copy, towit: 1~205~ f__.,2 . ' November 7NO ~73- fort Pierce, Flwida, 19 Fa value received, 1, we or either of us, prom~se to pay, wi~hout tJefalcat~on, ~o the order of fIRST fEdERAI SAVlIYGS AND tQAN ASSOClATlON OF FORi PIERCE af Fort Pierce, Fb~ida, the sum of j___~1~~1~.~0 with inte~est irom date af fhe rete of 9.2~ pe~ snnum, in monthly inttal~- men~a as follow:: s 185•~ on the2~th day of F~br~'ry 19 74 and a like sum an the correspond~rg day of each mo~th there- ti-- atter uNil the whole be fully paid. x~' Each installment first shall be applied in payment of the interest a~d then on the unpaid balance of the principal sum. If default is made in the pay~nent of any installment when due, and such default continues 30 days, the~ at the optioo of the holder, arid without any other notite, all the remaining ~ ;nsta~lments shall be due and payable at o~ce. Privilege is given to prepay thii note in whok w in part at a~y time without penslry. NeitFxr fwebearance, ` no? acceptance by the holder thereof after any detault in any paymenti hereon, sfiall be deemed extension. A lare payment charge of S_ • 2$, shall be added to each inatallment remaining unp~id 7 days after iri due da~e, and a like sum sha?1 be added to each :uch insrailment temaining unpaid 7 days after each succeeding payment date_ ~ Each maker, surNy and endo~ser hereof, jointly and severally, waives demand, presentment protest and r.otice oF protest for nonpayment, a~d further ~ ag~ees fo any extensa~ of time of payment, either before or a(ter maturity, without notice ~o any of us; and to pay afl costs of collection, includ~ny e • reasonable attorney's fee irt the event of any defauit hereunder, and hereby severally waives all benefit of homestead and exemption under the constitWion ~ and laws of each State of ~he United States, as against this obligetion w any eztension or renewal hereoi. ' W~tne~s the hand ancl seal of eath party, ~ 3i ~~snk Jaseph Rivaldo (SEAI) ` ` (SEAI) ~ tsEn~) , s/ Diane M. Rivaldo > ( ~~2''~ ) State Revenue ~313i4ip~ ~ie+ce Rea =oi~ ~o~gTits-F~noi'e~ ~ NOW, THEREFORE, the MORTGAGOR for the pu~pose of securing payment of uid sum of S 21 i6~ and the Fc~fwmarxe of the covenanls and agreements hereinafter expressed, and for divers good and valuabte co~s+derations, by these prese~ts, does grsnt, bargain, sell, remise, reiease, coovey and confirm unto the MORTGAGEE, its successors and assigns, atl fhat certain lot, piece ot parcel of land, situate, lying, aod being in the County of St. LtlCie snd State of Florida, deur~bed fo!lawr. Lot 16, Block 286, AORT S?. Li~Ifi SBCTION 1, as per plrt thereof on file in Plat Book 11, Page 53, of the Publ#c Records of St. Lucie County, Florida, ~fl P 1 o~ F ~-S~~P j' 1 . ~ -c A-~EARY ~ : a o ~ po~v"'~K~~ ~ = 3 Z' t oi e+ 9~'Pj~ ~1+i3~„ c o~ ~ sr l p.6~ .~a ~ ~~~~02 ~ENEa ~N PAYMQ~T Of Tw~i ~ Ol~ ON pASS 'C' INTAt16181.E PER90NAL PR'OPE(CIY~ pURS~IAHT ip CFWP'TER 71-134. ACTS OF 19l ROfiER POiTRAS q.ERK CIACUR OOURT, Si. WC~E 00., FUl I i { t 4 ! together with ~II and singular the tenements, hereditaments and app~rtsnces thereunto belonging a in anywise apperbining thereto, and sll re~ts, iuue~, r proceeds snd prof~ts accruing and to accrue from said premises, alt of which are incfuded in the above and fwegoirg desuiption ~nd habendum. ~ TO HAVE ANO TO HOlO the above described and granted premises unto the uid MORiGAGEE, its suctessots and auigru fweve+. And ths said E their MORTGAGOR for - heirs, e~ecutors, administrators a~d assigns, hereby covenanti with the said MORTGAGEE, it~ svccessas and aui9m, ~ _ ttl@ are ~awfully xized of the ssid premius in fee simple; that the same are free, ctesr and dixharged from alt lieni and encvrtr rhat - ----Y----- brances in law or in equity, and that~~i will and th - 3 Y hein shall warrant and defend the title to the sams to the s~id MORTGAGEE, its successws and assig~s, forever agsinst the lawf~l claims and demands of afl persons; PROVIDED, ALWAYS that if t~ie MORTGAGOR shall psy unto the MORTGAGEE the promitsory note here+~beiae described snd shail iruiy, prompiir and fully perfwm, diuharge, execute, complete, comply with and abide by each and every the stipulations, sgreement~, conditian and tovenants of said promiuory note snd of this Mortgage, f}?en this Mwtgage and the Estate hereby aeatcd shall ceaie and be nutl and void. ~ IT IS UNDERSTOOD that the word "Mortgagw" whether in the singutar ot pturaf ~nywhere in this Mortgage, shall be singular if one only and~ • ' shal! be plural jointly and severally if more than one, and that the word "their" as used a~ywlxre in this Mortgage shall be taken to mesn "his;' "hen,"t~ or "its," wherever the context w implies a admits. Alw, that wherevcr there is a reference in the covensnn and agreements herein contained to +ny of~t fhe parties hereto, tF~e same shall be construed to m.sn as well at the heiri, legal reprrsentativd, successors and asi~gru (eitFxr voluntary by act of fhe i partiei w involuntery by opcration of the law) of the same a~d that the covenants herein contained shall bind and the benefits and advantages inure Q ro the respective heirs, legal represcntatives, successors and au'gns of tl~e partip hereto. d- ~ And said Mwtgagws, for themselves and their heirs, tegal reprosentatives, succeuors and assigns, he~eby jointly and severslly covenant and agree~ to and with the said MORTGAGEE, its successors and auigns: ~ 1. To psy sll snd singvlar the principal snd i~terest and tF~e variovs and sundry sums of rtw~ey payable by virtue of said promissory note, and thii~ mwtgage. each a~d every, promptly on the days respectrvely the same severally become due. Y 2. To pay all ard sing~(ar the taxes, assessmenti, levics, liabilities, oWiga~ions and encwnbrances of every natu~e and kind raw on said describedo~ property, or that here~fter may be imposed, suffered, plated, levied, w suessed thereon, or thst here+fter may be levied or usessed upo~ ihis Mwtg age, or the indebtedneu secured hereby, each a~d erery, when due and payable, xcording to taw, befwe they become delinqueM, and before a~y interest arraches or any penalry is inturred; AND INSOFAR AS ANY THEREOf IS OF RKORO THE SAME SHAII 6E PROMPiLY SATISFIEO AND DISGHARGED OF RECORD AND THE ORIGINAI OFfICIAI OOCUMENT (SUCH AS, FOR INSTANGE, THE TAX RECEIPT OR THE SAt15FACT10N PAPER OFFICIALLY ENDORSED OR CERTIFIEO) SHAII BE PLACED (N THE NANDS OF SAID MORTGAGEE WITHIN iEN DAYS NfXT AFTER PAYMENT; snd in the event that any thereof is nof pa~d, sat'sfied tnd dixharged sa'd MORTGAGEE may at a~y time pay the same w any pa?t thereof without waiving or affeding any option, lien, equiry or ~7~h1 under or by virtue of this mortgage and th~ fufl amount of each and every s~ch payment shall be Immediatety due a~d payabte and shall bear interest s•om the dare rhereof until pa7d at iate of n;ne per cenrum per annum ~nd togethe• w~th such iroerest shall be xcured by the lie~ o~ th's morgtaye. ~ , _ . , .