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HomeMy WebLinkAbout2684 2809~F3 ~ THIS IN~ENTURE..M+d~`the 18th d~y of April A.D. 19 74.. be~ween i PQter M. Cioffi and Karon L. Cioffi. his wiiQ _ St LuciQ of • Co~nry Florida, Mr~inaftK d~si~nated +st•M+s~"MQRTGAGOR;' and FIRST fEDERAI SAV~NGS AND IOAN ASSOCIATION Of fORT PIERCE. • m~poralion wp~nized and ~xistinp und~'ths lawt ot~tM Unit~d S~a~~s of Art+~ric~ ~nd h~v~ng its princtpal plac~ oi bu~ineu ie tM Ciy of Fut Piace, St. l~ci~ Covnty, fbr{d+, FKreinahtr deiiyna~ed as tF» "MORTGAGEE:' WHEREAS tM MORTGAGOR is justly indtbt~d w tM MORTGAGEE in ths sum of i ~~70~• 9~ ~awful money of the Un~ted i States ~dvanced by the MORTGAGEE unto tM N10RTGAGOR, as evidenccd by a ce~t~in promiuory nol~ of even date herewith, of which the following in wo~di and fiyuras is ~ trw copy, to-wit: ~ s 29,700.00 ' t~o.~4~0805 wn P~Q~u. Ft«~. Aps i 1 18 -1974 fa value received, 1, we w eilher of us, promise to pay, without defalcation, to the order of F~RST fEOERAI SAVINGS AND IOAN ASSOC~ATION OF FORT PIERCE at Fort Pierce, Flwida, the sum of S 29~~~'~~ w~th interest irom date at the rate of 9!2~6 per annum, in munthly instalb ments at follows: = 273•~~ on ~he 20Lh day of ~y . 19 74 and a like sum on the cwrespond~~?y day of each month therr after until the whole be fully paid. Each ins~allment first, shal! be app~~ed in payment of the interesf and thcn on the ~npaid balsnce of the princ~pal sum. If default is made in the payment of any installment when due, and suth default continues 30 days, then at the option of the holder, and without any otFxr notice, all the remaining ~nstallments sh~ll be due and payable at once. Privilege is given to prep+y this note i~ whole o~ ln part ~t any time without penalty. Neither forebearance, nor acceptancs by the holde~ rhereof sfter any defsult in any payments hereon, shall be deemed extens'ron. A fafe payme~t tharge of S 13.65 sha11 be added to each installment remainir?p unpaid 7 dayf aftN its due date, and a like sum ahall be edded to each such installment rtmaining unpaid 7 days after each succeeding payment date. Each maker, surety and endwset hereof, jointly and severally, waives demand, presentme~t protest snd ~otice of protest fw nonpayment, and further agrees to sny extension of time of payment, either before or after maturity, without notice to any of us; and to pay all costs of coflectio~, i~dud~ng a reasonable attorney's fee in the event o( any defauit FKreunder, and hereby severa{ly waives ell benefit of homeslead and exemption under the :or+stitutio~ and laws of cach State of ~he United States, as against lhis obligation a any extension or renewal hereoi. Witness the hand and seal of each party. ($EAU s/ Petez M. Cioffi ~Au (s~+U s/ Karen L. Cioffi ``~a . 55 1 State Revenue ( ) 29 .700. ~ ~n~ the ?forma~ce of 1he NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of ssid sum of = Pe covenanri and agreements F?ereinafter exp~essed, and for divcrs good and vsluable considerations, by these presents, does grant, bargsin, sell, rem~se, release, convey and confirm unto the MORTGAGEE; its successor• and suigns, all that certain lot, pieu ot parcel of I~nd, situate, lying, and being in the County of St . LuCl@ , and State of Fbride, described a~ fotbws: Lot 9, Block B, MARAVILLA ESTATBS, as per plat thereof on file in Plat Book 8, page 77 of the public records of , St. Lucie County, Rlorida ~ i ~ ~ ~ r 3 s t ; p o STATE ~F FLORi~A ~ ~ oZ r DQCUMENTARY,f: ~;~STA M P F A~ ~ ~G s z~ OEPT. Of REYEMUE ~ ~ . ~ ~ IN PAYMEM pF TAXE$ ~ = = w? r-~•~i ~ 4 4. 5 5 1 ouE o~ c u s s ~ c i M r ~ nsia~ ~ s o r, u~ P r~~ e r r, a ~ _~P~??~ " ' - PURSl1AMT TO CHAPTER 71-134, ACTS Of 19I1, c ~ " ROGER POITRAS ~ CLERK CIRq11T OOURT, S~. LUCIE 00.. fUt ~ ~ ~ ~ ~ together with ail ar+d singular the tenements, hereditaments end sppurtances thereunto belonging or in snywise +ppertsining thereto, a a rents, ~uues, ~ proceeds snd profits acvuing and to acuue from said premius, all of which sre included in the above and foregoirg desvipYwn and hsbendum. ~ TO HAVE AND TQ ?IqLD the above deuribed and granted prem~ses unto the said MORTGAGEE, its successws and sssiyns forever. Md tM ~aid MORTGAGOR for t[lel= -~~n, executors, sdministrators and assgns, he~eby covenanb with ths ssEd MORTGAGEE, in succeswn and ~ssiyro, the are ~ ~hat - y Iawfully xized of the said premises in fee timple; that the ssme ~re free, clear ~nd discharged from sll liens and encum- thev their hein shall warrant snd defend the title to the same to tM said js brances in Isw or in equity, and that will and F~ MORTGAGEE, its succeuon and auigns, fwever against the Iswful claims end demar~ds of •II persau; :S PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore described and shall truly, promplly ` and fully perfwm, dixhsrge, execute, comptete, comply with and abide by each and every the stipulations, agreemenri, conditions ~nd covenants of s~id promissory note and of this Mwtgage, t)xn this Mortgage and the Estate hereby ve~ted sF?~II cesse a~d be nvll snd wid. - IT IS llNDER5T000 that the word "Mortgsgw" whetF~er in the singular or plural anywixre in this Mortgsge, shall be singvla~ if one o~ly +nd f shall be p~unl jointly snd severally if more fhsn one, end thaf the wad "their" as used anywhere i~ fh~s Mortgage sh~ll be tsken to mesn "his;' "hen;' - w"its;' wherever the co~text w implies a admits. Alw, thst whe?ever there is • reference in ti~e coven+nts and s9reements herein contained to sny of she parties hereto, the ssme shall be construed to mesn as well as the heirs, legsl ~epresentatives, successors and sssigns (either voluntary by act of the parties a involuntsry by opersYan of the bw) of the same aod that the corensnts herein conuined shall bind snd ihe benefits and adv~ntages irwre t~fe to the respective heirs, kgal representatives, successon snd au'gns of the psrties hercto. - F~ And ssid Ntortgagort, fw themselves and their heirs, legal repreuntatives, wccesson snd ~uigns, hereby jointly and severally covenant and syree ~ y:~.~ to and with the aid MORTGAGEE, its successws and assigns: 1. To psy slt and singuiar the principal and iMerest and the various and sundry tums of money payable by virtue of said promisiory note, and thi~ mortgsge, esch and eve?y, p?omptly on the dayt reipectively the same severally become due. z` 2. To pay all and singulsr the t~:es, sssesunents, levies, liabilities, obligstions and encumMance~ oi every nature and kind now on said desuib~d ~ t,%~_ Property, w tF~at F~ere+fter may be imposed, wffered, placed, levied, a+uessed therea+, o? th~t hereaiter may be levied w assessed ~pon this MatQ- ~;ii age, or the i~deb~edneu secured hereby, e+cF~ snd every. when due ~nd payable, xcordirg to Isw, before they become delinqucnt, and before any int~rest ~ '`'t attathes w any penalty is inc~rred; AND lNSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROMP~LY SATISfIED ANO DISCHARGED OF ~'f' ;x'r RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICtAIIY ENDORSE~ ~ ~Y OR CERTIFIED) SHALL BE PLACED IN TNE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thercof is not paid, sat'sfied and discharged sa:d MORTC'iAGEE may at any time pay the same or any pert thereof without wsiving or affecting any option, lien, eqvity w •~qht under w by virtue of this mortgage and the full amount of each ~~d every sucl~ payment shsll be immediately due and payable and shall bear interest ~.om the date thereof until paid at rate of nine per centum per annum and togenc~r w~th such interest shsll be secured by the lien of th's rtwrytaye. ~ ~ ~ = . _ . a _ _ _ _ ~ ~ ~ _ ~ _ _ - . . . ~