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Home My WebLink About1349 ~'158'73 THib INDENTURE, N1~d~ ~he. Z7 t h day ol ebrua r y AA. 19_~~__, between ~ _ Rober t.?. Catpnaci and Diane S. ~a tenac i~_ hi s wi f e ~ of St . Lucie - - - County Flo~ids, hereinaf~er de:~yne~ad as the "MORTGAGOR;' snd FSRS~ ~ ECERAI SAVINGS AND IOAN ASSO:,IA110N OF FORT PIERCE, a corporation or9anited and exi~~~ng unJar ths laws oi ths Un~ted Statoi of AmerGca and Mving its prinupal plsce of bus~neu in fAs City of Fort Pierce, St. l~ue County, ilalda, berein~fter des~gnated as th~ "MORiGAGEE:' WHFREAS the MORTGAGOR is ju~tly indebted to ths MORTGAGEE i~ the wm of S__2Ic~.~QaQfl good and Iawful money oi thc Un:ted States advanced by the /~AORTGAGEE unto Ihe MORTGAGOR, aa evidrnced by a certam promiiswy nete of eveo date herew~t6, of wh;ch the following.in words and figures is • trw copy, to-wit: s_ 22,400.00 . . ~ 10020659 P~a~e, Florida. ~ebrua ry 27 19 74 ~ Fw value ~eceived, I, we or either of us, prom~se to pay, wi~hout defalcat~on, to the order of FIRST FEDERAL SAVINGS ANp LOAN ASSOCIA710N Of ~ ORT PIERCE at Fort Pierce, Florida, the aum of s 22 s 4O0 ,,,,,th mterrst (rom date at the rate of ~~Z~o per annum, in monthly fnstall- ~,~enes as foliows: 5----198,00 on the 2Othday of June ~q_ 74 and a Gke sum on the cer~espond~ng day of each month there- ar~er until the whole be fully paid. Fach installment fi~at shal! be applied in payment of tha intrrest aiid then on !he unpaid balance of the print:pal sum. If default is made in the ;v;ment of a~y installment when due, end such defau!t conrinues 30 days, then at the opt;on of the holde~, and without any other ~otrce, a(I the rrrnain~ng ~~~sraltments shafl be due and payao'e af once. Privitege is givro to µrepay thia rtote in whole or in pa~? et nny time wi~hout penalty. Neither forcbeara~ce, nor accepfance by the holder ~hereof ait~i aoy defavlt in any payments hereon, shall 6e deemed eatens~on. A late payment charge of S-9 shall be .,dded lo each installment remaining unpald 7 daya after its due date, and a I~ke sum shall be added to each such ina~allment remaining unpaid 7 days aftet each succeeding payment dafe. Each maker, surety and endorser hereof, jo+ntly and seve~ally, wa~ves demand, presentmem proteat and not~ce of pro~est for nonpayment, and iurther aarees to any extens+on of t~me of paymen!, erther before or ~fter mawrity, wiihout nonce to any of us; and to pay all costs of collect~on, indud:ng a <<~:+sonable attorney's fee in th> event of ,~ny defautt hereunder, and hereby sc>veratly waives all benefit of homesrcad and exempteon under !he constnufion a~,d laws oi each Srate ol the United States, as againat this obhyation w any exteRS~o~ or renewal hereof. Witness the hand and seal of each party. (SEAI) _ ~S~ Robert T. Catenaci . tsEnt) (SEAL) ~33 60 /s/ Diane S. Catenaci ~s~?1> ' ~ S?ate Revenue iStarop~ eaoceUad,o,o,voig;naLoote) NO'N, THEREFORE, the IAORiGAGOR for the purpose of securing payment of sa~d sum of S 22 t 4~• 0O snd the perFormance of the covenants and agreemenfs hereinaiter expressed, and for dive~s good and valuab!e conside~ations, by these p~esents, does grant, bargain, setl, rem~se, ~~•'ease, convey a~d tonfirm unto the MORTGAGEE, its suctessors and assigns, all that certsin lot, piece w parcel of land, iituate, lying, and being in fhe County of ~ St. I.l1Cle and S!ate of Flwida, dewibed ~s follows: I,ot 8 and the South 12. 5 feet of Lot 7 and the Torth 25 feet of Lot 9, Rlac k 4, ~tERRIWFAT~~ER PARK S[lBDIVISION, as per plat thereof on file in Plat Rook 6, pane 16 of the puhlic records of St. Luri e C.ounty, ~lorida . I ~ . _ . . . . . . 4 ~ ~~waa o~ ~ ~n+[~ yE~'a°~`~' r ~ STAT~ ~~~F=!i^~: ~ ~p~U1?SS~~ ~ ~.~~1~/~~1 ~~~UMEN~ARY~-:-,. STAMN ~ ~ ~1TTOq~~ =r_ i)e.`i i.F kEif~NUc :~5~=:.-;__._ _ ~ ~~l ~ ~ ~ ~ ,e _ r.~~;~-•~, - ~ 3. ~ . ~ C M ~ a' 1 ~ U ~ M~'~ - - i rogether w+th all and singular the tenements, heredi~aments and appurtances thereunto belonging w in anywise appertaining the?eto, and all rentf, isaues, oToceeds and profits accruing and to accrue from said premius, ail of wh~ch are included in the above and foregoing dewiption and habendum. 70 HAVE AND TO HOlO the above desaibed and granted prem~ses unto the ssid MORiGAGEE, its auccess~s and aisigns forever. And ths said theix !~10RTGAGOR fw - heirs, executors, administ~ators and assigns, hereby covcnants with ihe said MORTGAGEf, its succesfErZand auigns, they are that tawfutly seized of the sa;d premius in fee simple; rhat the same are free, clea? and dixharged from atl liens ar?d entum- Lrances in taw or in cquity, a~ r~,ar_ thes~ a~ their heirs sha11 warrant and defend t}ro title to the same to the said MORiGAGEE, its successors and assigns, lo.ever against the lawful claims and demands of all persons; PROVIDEO, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiisory note hereinbefore described snd shall trvly, promptly and fully perform, diuharge..execute, complete, comply wirh and ab~de by each a~+d every the sripulalions, agreements, conditions and covenants of said prom~aswy note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease and be null and void. ~ IT IS UNDERSTppD that the word "Mortgagw" whether in the s~ngular a plural anywhe~e in th~s Mortgage, shall be singular if one only and ~ shall be plural joinlly and uverally if mo~e than oru, and that the word "their" ai used anywhere in this NSo~tgage shall be taken to mean "his," "hers," ~ or "its;' wherever the context so implies or admits. Alw, that wherever there is a reference in the covena~ts and agreements herein contained to any ot ~ ~he parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, s~ccessors and assigns (either votuntary by atl of tl?e a..~ parties or involunrary by operation of the law) of the same and fhat the covenants herein contained shalt bind and tt~e benefits and advantsges inure Q to 1he respetfive heirs, Iegal representatives, successors and ass~gns of she parties hereto. o- And said Mlortgagors, for themse{ves and their heirs, legal representatives, successors ~nd assigns, hereby jointly and xverally covenant and agree ~ to and with the said MORTGAGfE, its successors and assigns: A' b \L 1. To pay al! and singular the p~intipal and interest and the various and sundry sums of money payable by virtue o( said promissory note, and this ~ mortgage, each and every, promprly on the days respectively the same severally become d~e. - 2. To pay all and i~ngulsr the taxes, assessments, levies, liabil~ries, oWigations and encumbrances of every nature ar+d kind now on said desuibed property, w that hereafter may be impoted, suffered, placcd, levied, or assessed thereon, w that hereafter may be lev~ed or assesud upon thia Mortg- age, a the indebtedness secured hereby, each and every, when due and payable, according to law, befo~e they become delinque~t, and be(ore any interest a+taches u any penalty is incurred; AND I?~tSpFAR AS ANY iHEREOF IS OF RECORD THE SAME SNAIt BE PROMPTIY SATISf1ED A~1D DISCHARGED OF RECORO AND 7HE ORIGIhAI OffIC1At DOCUMENT (SUCH AS, FOR INSTANCE, TME TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSEO OR CERTIFIED) SNAII BE ~IACED IN iHE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is nof paid, sat"sfied and discharged sa'd RAORTGAGEE may at any nme pay the same or any pan thereof withovt wniving or affecting any option, lien, equity o? ~~aht under w by virtue of this mortgage and the full amo~~r of each and every such payment sha11 be immediately due and payable and shal! bear interest ~.om the date the~eof until pa~d at rate oi r:ne per cenrum per annum and toge~he~ w~rh s~ch inrerest shaU be securec{ by the Jien of th:s morgtage. ~ - -z r;,~"`-~~ ; ~ ~ ~ - ~ ~ k : , ' ^`'S~. ~-_~s ~ ."`r.~, f~ ~.~.._,~a,. ~,..i_ . , " s.: . . , .