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Home My WebLink About1847 _ ~ t~ ~ 2'7419~'~ . , ~HIS INDENTURE, Made the Sth _ day of i FQbru~rY ' A.D. 19 74 bctween Frederick Norman Ferrara and Cynshia J. Ferr~.=aThis wife oi $t. LUC1Q ~y~ty Flw+da, here~naftN de~y~~ared as the "MORTGAGOR," s~d fIRST FEDERAI SAVINGS AND tOAN A$$p~lAT10N OF iORT PIERCE, a corpwa!ion agini:ed and ex~sting unde~ IhQ laws of Ihs United Statas of Amerit• ~nd having itt principal place of busi~e» in tM City of Fort P~rce, 5~. lucie County, Florida, hcrtinafter designated as ~F+~ "MORiGAGEE:' WHEREAS ~h~ MORTGAvOR ~s juttly indebted to the MORTGAGEE in Ihe sum of S 1~~ 60~• good and lawfu! money of thz Un~ted States advar~ced by the MUR/GAGEE unto ~he MORTGAGOR, as evidenced by a certa~o PfOtT~3S0~)I note of even date herew~th, of which the ioilowing in words and fiyures 1s a Irue topy, to-wit: =17,600.00 Mo 10020621 Fo.r P~~«., floride, F ebr ua r y 5 ~ 9 74 for va!ue recaived, 1, we w eithe~ of us, prom~se to ay, without defalcat~on, ~o the order of FIRST FEDERAI SAVINGS AND IOAiV ASSOCIATION OF FORT ptERCE at For1 Pierct, FH~rida, the sum of j 17 ~ 6~~• _ with intarest from date at the rate of 9• SQ per annum, in monthly install- ments as to!lows: S 165.O~y on the 20thday of _~YCh 1974~ and a like sum on the corrospond~ng day of each month there- after until ihe wlwle be lully paid. • Eath inslallment first ahall be applird in paymenr of the interest and then on tlx unpaid bafance of the princ;pa7 sum. !f default is made in the pay~nenf of any insrallment when due, ard suth default con~inues 30 days, then at the oplio~ of the ho!der, and without any other notice, all the remain~ng ~nstal;~nents shall be due and payable at once. Privilege is given to prepay this note in whole w in part at any time wilhout penalty. Neithet forebearante, rror atceptance by the holder thereo( after any defauh in any payments hereon, shall be deemed extension. A lat~,paymem charge of 3__8 •?S_, shall be added to eath instatlment remainirsg unpa~d 7 days afte~ it~ due date, and a like sum shall be added to each suth instailment rema~ning unpaid 7 days atter each succeeding payment dafe. . Eath maker, surety and endorser he~eof, jointly and severa~ly, walvea demand, aresentmem protest and notice of protest for nonpayment, and further agrees to any extension of tfine of ~ayment, eirher bzf~re w atrer maturiry, without nof~ce to any of us; and to pay a!I costs of calection, indud:ng a reasonable attorney's fee the event of any defau~t hereunder, and hereby severa!~y waives all benefit of homestead and exemption under the constitution and laws of eacfi State of the United States, as aga~nst this obl;gation w any extension or renewat herrof. Witness the hand and seal of each pany, s!Frederick Norman Ferrara ~EAp (SEAI) s/Cynthia J. Ferrara (SEAI) ~ $26.40 ~ State Rewenue (5~smpr ceeReiled~ eer erigfnel ~ere) ~ NOW, THEREfORE, the MORTGAGOR for the ur se of sccuri a ment of said sum pf 17 f 60~• p Po ~+g p y Z and the performance of the tovenants and agreements hereinafter expressed, and for divers good ard valuable considerations, by these presents, dces grant, bargain, se11, rem~se, retease, convey and confirm unto the MORiGAGEE, its ~uccessors and auigns, all that ceruin lot, piece or parcel of Isnd, iituate, lying, and being in the County of St. Lucie and State of F:orida, dewibed •s follows: The ~Vorth 63 fe2t of Lots 1 and 2, Block 2, Wyldwood Paric' Subdivision, according to *_he Plat thereof on file in Plat Book S, Page 54 of the Public Records of St. l.ucie County, Florida, . ' I ~ ~ ' a~~ ~~~~j~ 'I / ~ ~l1 Q Q ty~~, ~ r , =r ~ ~ . l G`e` QE ~C`S pf / i 3~• ~ I ~ ~ tt~ ~ " ~ r~ j N~ C ER ~1,1~~`S ~ ~ J~ ~,i ~ ~ i Rp1~, St~ ~ ~ ~ Q t ' C` ~~,R4~ ,!r.-,.'r ; i 2~. ` ' ~ ~1~ ii~~ " M~N . NVE r'- ~ " . c„ 'v ,j ~ ' ~G;=-'4 a~~' ~ ~ O.. ~;1 ~ . . vE?` ~ EEZ" - ~ . r^ ! i j ~o? ~,a i P9' { ~,G ~ ~ ~ ~~ZZ < C~ ~ f ~ ~ ~ i ; together with all and singular the tenements, hereditamenti and appurtances ther. ..o belonging or in anywise sppertaining thertto, end all rent~, iuues, proceeds and profits accruing and to accrue from said premises, aU of wh~ch are included in the above snd fwegoing description +nd habendum. i TO HAVE ANO TO HO~D the above described and granted premises unto the said MORTGAGEE, ifs successors and assigns forever. And tM said ~ the~r ' MORTGAGO for heirs, execvtora, administrators and assigns, hereby covenants with the sa"id MORTGAGEE, its successws and assigra, E t~e are that lawfully seized of the said premises in fee simple; that the same are free, clear •nd dixhsrged from all liens and encum- brances in~law or in equity, and that they ,N;~~ and ~he~r heirs shall warrant and defe:id the titte to the same to the said MORTGAGEE, its suctessors and assegns, (orever against the lawfu! claims and demands of alf persons; PQOVIDfD, AtWAYS that if the MORTGAGOR s~ll pay unto the MORTGAGEE the promissory note hereinbefore described and shatl truly, promptly and fully perform, d~scharge, execute, complete, cortip y with and abide by each and every the stipulations, agreerrKnts, tonditions and covenants of sa~d promissory note and of this Mortgage, then this Mortgage and the Estate hereby creared shall ceax and be null and void. IT IS UNOERSTOOD that the word "Mortgagoi' wherher in the singu:ar or plural snywhere in this Matgage, shall be singular if one only and ~ shall be plural jointly and severally if more than one, and that the word "the~r" as used anywhcre in th~s Mortgsge shall be taicen to rrKan "his;' "hen;' ; or "its;' wherever the context so imp~ies or admits. Also, that wherever there is a reference in the covenanrs and agreements herein co~tsined to sny of ~ rhe pa~ties Feereto, the ~ame shalf be construed to mesn ai we~t as the he~rs, fegal reprexntatives, successws and assigns (either voluntary by ad of the parties or involuntary by operation of the lawf of the same and ~that the covenants herein contained shall bind and the benefits and advantages inure ~o the respective heirs, legal representarives, svcceswrs and ass~gns of the part;es hereto. And said Marrgagors, for themselves and their heirs, legal ?eprese~tatives, successws and assigns, hereby jointlY and severalfy tovenent and agree to and with the ssid MORTGAGEE, its succeasws and assig~s: 1. To pay all artd singular tht principal and interest and the various and sundry sums of money payable by virtve of said p~omissory note, and tAis mortgage, each and every, promptiy on the days respectively the same severally become due. 2. To pay all and tingular the taxes, assessments, levies, liabiliiies, obligat;ons and encumbranccs ~f every nature and kind now on said dexribed property, or that hereafter may be imposed, iuffered, placed, levied, or suesud thereon, a thst hereatter may be levied w ~ssessed ~pon ihis lYtwt9- age, w the indebtedness ucured F~ereby, each and every, whtn due and payable, according to law, befae tF?ey become delinquent, and befo5e any interest attzches o? any penalty is incurred; AND INSOFAR AS ANY iHEREOf IS OF RECORD THE SAME SHAII BE PROMPTIY SATISFIED AND D15GHARGED OF RECORO AND THE ORIGitvAL OFFICIAL DOCUMENT (SUCH AS, fOR INSIANCE, THE TAX RECEIPT OR THf SATISFACTION PAPfR OFFlCIAt1Y ENDORSED ' OR CERiIfIED) SHALL 8E PtACED !N 7HE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENi; and in the event that any thereof is rtot ~ pa~d, sat'sfied and dischar ed sa'd MORTGAGEE ma at a~ nme g y y pay the same or any part thereof without waiving or affecting any pption, l;en, equity or •iqht under or by v~rtue of this mortgage and ehe ~ull amou~~ of each and eve.y such payment shall be immtdiatply due and payable and shall bear interest ~rom the date thereof until pa~d at rate of n~ne per cent~m pe~ annum and together w~th such interest thall be secured by the lien of th:s morgsaye. 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