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' T~HIS INOENTURE, Mads ~h• 2~~- day of _ Fahr~YV - A.D. 19~~ ~~w~^
Nicholas J. Cascarano and Beverl M. Cascarano his wife
of St' j'~ e Co~nty Flaid~, M+einaft~r deiign+ted ai th~ "ARORTGAGOR,~' and FIRST FEDERAL SAVINGS AND LOAN
AS30CIATION Of fORT PIERCE. ~ twpa+tion wp~n~sed and exiuinp unda tM lawi oi tM United Staqs of Nm~+ica ~nd havinp iri principai plsce of
buiintu h 1M City of Fwt Pi~rc~, St. luti~ County, Flwida, hereinah~r deipnated a tM "MORTGAGEE:'
WHEREAS tM MORTGAGOR is justly ind~bt~d to tl» MORTGAGEE in the wm of ~ood ~nd lawful money of the Unitad
St~t~s advanced by tM MORiGAGEE unto tF+~ MORTGAGOR. as ~vid~~ced by a certaio promisswy note of sven date he~ewith, of wh+ch tM followir+p i~
wwds and fipuns is a trw copy. to-wi~: lOQ2n65g
s 25,000.00 February 26~ ~y74
Fwt Piern. Flwida,
fw value receivcd, 1, we o? eithcr of ui, promise to pay, wi~hout defalcatio~, to the order of FIRST FEDERAL SAVINGS I~ND IOAN ASSOCIATION OF
FORT PIERCE at Port Pierc`e, Flaida, the sum of = 25~.Q-~-`-~~-- w~~h interctt from date at ths rat~ af 8• 7~ pe? annum, in monthly install-
rr,cnn +i follows: Z 25O•~ a+ the 2~th d+Y of - ApXll , 19 74 +^d a like sum on the cor~espw~di~+y day of each month there- ;
after until the whole be fully paid.
Esch installmtnt first tMtl be app~ied in paYmen~ of the interest snd the~ on the unpaid ba~snce of the printipa~ wm. If defaull is made in 1hs
payment of any ins»~Iment when due, and such defa~lt continues 30 daya, the~ at the opiwn of the holder, and without any other notice, all the remaining
~nsiaUments shall be due and peYable at once. Privileye is given to prepay this note in whole w in parl +t aoy time without penaly. Neither forebearance,
nor saeptarxt by the holder thereof after any default i~ any paymeMS ~eon. shall be deemed extension. A Iate psyment charge of ~1Z ~
added to each instaltment rcmaining unpa~d 7 days after its due date, and a like sum shall be, edded to each such installment remaining unpaid 7 days ~fter
each wcceeding paYr++ent date.
Each m+ker, auroty and endorur hereof, jointly and severalty, waives demand, presentment protest snd notice of protest for na~payment, end fu~thet
agrees to a~y extcnsion of time of paymeM, either before a after m~turity, without notice to any of us; and to pay all cosb of colledion, indud~n9 •
reasonable attaney's fee in the event of any default hereunder, and hereby sevcrally waives all benefit of homestead snd exemption under the constitution
and laws of each S~ate of ths United States, ss against this obligation w any extension w renews f.
Witneu the har?d and ieal of each party. '~'~'a'~~
s/ N cholas . Cascarano ~Au
cs~?U
(S~?t)
8 Rever M. Ct?scarano ~
r S 37 .50 ) State Revenue
~ 2 5 000 00
NOW, THEREFORE, the MORTGAGOR fot the pu?pose of setvring payment of ssid sum of S ~ ' ~nd the Pe~fom++^~e of the
cove~anls and agreemants hereinafter expressed, and for divers good and valuabte consideratwns, by these presents, does g?ant, bargain, sell, rem'ae,
release, tonvey and confirm unro the MORTGAGEE, iri successws +nd auigns, all that certain lot, p'~ete w p+rcel of land, situate, lyi~y, and beirg in the
County of St. LUC1@ a~d State of Fbrida, dewibed as follows:
O
That part of Block 11,PALM HAVBN SiBDIVISION, more particularly ~
desc r ibed as follows : _ ~
of Block 11 of PALDt HAVEN ~
c'ommencing at.the Southwest corner ,
SZ~DIVISION, as per plat thereof recorded in Plat Book 8, page \
44, of the public records of St. Lucie County, Florida, thence 4,
run East to a point of the intereection of the East right-of- `~,p~ s
way line of Fernandina AvenuQ with the North right-of-~?ay of ~ r=
Pa lma Avenue, t hence r u n N o r t h 8 70 4 5' E a s t alon g the North
right-of-way line of Pa2ma Avenue a distance of 105 feet to ~'j. 4 4,0,~.
po int of begir.ning, from said point of beginning run North 2°
j 15' t••est a distance of 75 feet, run thence North 87045' East !~F~
~ a distance of 95 feet, thence run South 2°15• East a dislance ~
yI
~ of 75 feet, thence South 87~45' tVest along the North line of
Palma Avenue a distance of 95 feet to point of beginning. ~
Being that land sometimes respectively referred to as Lot 10, •
of an unrecorded resubdivision of Block 11, of said revised plat
of PALM HAUEN SiJEiDIVISION plat book 8, page 44, St. Lucie County,
,
Florida.
;
rogether with ~II snd singufar the tenements, hereditaments and •ppurtances thereunto belonging or in anywise ~pperfainirq therero. ~~d sll renri, iuues.
prxeeds and profib acuuing ar+d to sccrue from said p~emises, all of wFi~d+ sre iocluded in the abov~ and foregoi~g description snd habendum.
TO HAVE AND TO HOIO the above descr~bed +nd 9r+Med P~e'"'ses ~^ro the said MORTGAGEE, ib suocsuon and +ss+Q^s forevK. Md tlr s+id
MORTGAGOR for thelr - he;n, executon, sdministrators snd sssigns, herebY cove^~MS w'~h ~F~° ss'd MORTGAGEE, its waessors u+d ~ss~p^~.
ihar they are ~awfully sei:ed of the said premises in fee simple; that ths same are free, cksr snd d'ixl~arped from all liens and ena+m~
brances in lsw or i~ equity, and that_S.hP,}L-- will snd t he i r hein shall warrsnt ~nd defend the titk to the seme to the s~id
MORTGAGEE, ita sucteuws snd assigns, forever againtt the tawfvl clsims and demands of sll persons; -
PROVIDED, ALWAYS that if the MORTGAGOR shall paY u~to the MORTGAGEE the prom~sso~Y note he~e~^bef°re described °^d shall truly, promptly
- and fully perform, diuharge, execute, compkte, comply with and abide by esch and every the stipulstions. ~greements, conditans ar?d cove~anri of said
~ promissory note and of th~ Mwtgs9e, then this Mort9~ge and the Estate hereby ae~ted sFall ce~st +nd be null and void.
~ IT IS UNDERSTOOD that the wad "M.xtqagor" whether in the singular or plur~l s~ywhere in this Mortgaye, sh~ll be sinpular if one only snd {
shalt be plural jointly ~nd severally if more tMn one, and that the wwd "their" as vsed ~nywhere in this Mortgage shall be taken to me~n "ha;• •'hen,'•
~ w"its;' wherever tM context to impliss or admits. Also, tFut wherever there is a reference in the cwenann aod ayreemenb herein contsirnd to sny of
rhe pa?ties hereto, t~+e ~+rt1e s~sYan of the~ aw) of thessa~ne andhthat ~ he c~ovena~ herei contained shsll ind aod the ~benef »'and advantage~ irnrre
parfies . w involuntsry by ope
~ ro the respective heir+, k0a1 reprcxntatives, wccessors and au?gns of the p+rties hereto. ~
~ /1nd uid µwtgsgors, fw themselves u+d their heirs, kgsl representatives, s~ccesson snd sssigns, hereby jointly and severslly covenant and ~yree
ro snd with the seid MORTGAGEE, in s~rccesson ~nd +ssi9os:
1. To pay all and sirgular the principal snd interest and the variovs and sundry wms of money p+yable by virtue of said promiswry rx'Ne. ~nd this
mortgsye, esch ~nd every, p?anPtly on the days respectively the ssme xwrally becane due.
2. To pay.all and sirgula~ ti+e taxes. ~ssessmenb,~ levies, lisbiliries, obligatans and encumlxancaa of every Mtwe +nd kirid now on s+~d deuribed
laccd, levied, or ~ssessed thereon, w that hereafter may be levied or assessed upon this Mat~-
" property, w tMt F?ere~htr may be impwed, suffered. P
age, a t}~ indebtedness secu~ed hereby, esd~ snd every, when d~e ard pay~ble, xcordinp to law, befwe they brcane delinquent. ~nd before ~ny i~terest
attaches or any pen+~tY ~s ~rxu~?ed% AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISFIED ANO DISCHARGED OF
REGOR~ AND THE ORIG1NAl OfFICIAL DOCUMENT (SUCH AS~ FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACiION PAPER OFFICIAIIY ENDORSED
OR CERTIiIED) SHAII BE VIACED IN THE HANDS OF SAID MORTGAGEE WIiHIN TEN OAYS NEXT AFTER PAYMENT; and i~ the event that any thereof is nor
paid, ast'sfied and distharged sa:d MORTGAGEE may ~t any time•pay the s+me or any part the~eof withwit waivir?p or affeding ~~y option, lien, eq~ity or :
- •iqht under or by virtve of this mortgsge snd the full amount of each and every such payment sh~ll be immediately due and payable snd shall besr inlerest i
~.om the d~te thercof until paid at rate of nine per centum per annum snd toyether wlth tuch interdt Th~ ~ by the I'
~~'s morgtape.
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