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HomeMy WebLinkAbout0891 ~8~ ~ ~ 4 ~ ~'r` ~ : °'d THIS~1~tDENTURE,. Mad~ the ~~~d day of '~un~ A.D. 19 betw~en Robert J. Catenaci and Oiane S. Catenaci, his wife of St . L.i~Cle ~ Covnry flwida, hereinaiter ~iis~na(!d as tFw "AyOjtTGASiOR," and NRST FEDER11l SAVINGS ANO IOAN ASSOCIATtON OF fORT PIERCE, s corpor~tion orqani:ed and existing ~x+da~ 1M lavw of tM lMited Staas of America a~d Mvirg its princip~l plau of busi~sst in the Ciry of Fort Piace, St. lucie Cou~ty, flwida, hereinaiter desipnatad +s the "MORTGAGEE.° WHEREAS ths MORTGAGOR is justiy indebted to tha MORTGAGEE in the sum of i 25,600.0~ a~ ~~wful nwney of ll~s United Siares advarxed by the MORTGAGEE unto the MORiGAGOR, as avidencrd by a cenain prom~ssory no~e oi even date he~ewi~h, oF wh~ch the folbwin~ io ~0~25 60~.00 a awT copy. tow~t: ~ 10020912 S ~ fo~t Pierco, Fluida, June 3. 19 74 Fd value received, I, we w either of us, prom~se to pay, w~thout defalcation, to the order of FIRST FEUERA~ SAVINGS AkD LOAN ASSOCIATIQN OF =ORT PIERCE at Forf aierce, Florida, the sum oi s? 5 zb00 , 0~~_ wi~h inrcrest irom date at the rate of 9• 5°o pe? annum, i~ monthly ir+s?alb ,e~rs as folfows: S 224.00 on 1he 20t h day of August ~ ~q 74 a like sum on the cor?espondinp dsY of e~cF~ month thsro- arier until the whole be fully paid. Eath installr+xnt first shall be app~ied in payment of ths interest ar+d tF,en cn thr u~pa:d balance of the p~int~pal sum. If default is m~de in the F.,,,n:ent of any imtaltment when due, and such default continu>s 30 days, then at the opt~on of the ho:der, and without any other notice, all the remainirg ~,sialiments shall be due and payable at o~ce. Privilege is givea fo prepay this note in whola or in part at any time wilhout penalty Ne~11xr torebe+rance, ne. acceptance by the holder thereof after any default in any paymerts hereon. shalf be deemrd eatension_ A late payment charge of s~a~iQ shall be :.o~ed to each imtallment ~emaining unpa~d 7 days after its due date, and a like sum shall be added to each such installmaet remaining unpaid 7 dsys aNa e~ch sutteeding payment date. . Each maker, surety and endorser hereof, joint~y and severally, waives dema~d, presentment protes? and notice of protest fw ~wnp~ymeM, and furthet a~rees to any extension of ti~ne of payment, e~thrr 6efore w after maturity, witho~t r.oticr to any oi us; and to pay all coats of collection, indud~nq a reasonabte attorney's fee in ths event of any defauN hereundar, and hereby severally rvaives all benefit of homestead and exemption under the constitution laws of each State of the United State:, as aga'~nst this obiigation or any exter.sion or renewal hereof. Witness the hand and seal of ~a:h party. 15E~?Q /s/ Robert J. Catenaci ~ (SE~?U /s/ Diane S. Catenaci ~ t S3fS . 4O 5tate Reven~e ~ - ;7t 25 600 00 NOW~THEREFORE, the MORTGAGOR ta the purpose of securing payment of said sum of S • • a~d the performsnca of the covena~ts tnd agreemenb hereinafter expreased, and fw divers good a~d valusble consideratipns, by fhese presents, does Qrant, baryain, sell, remix, ~~•Eease, convey .and confi~m unto the MORiGAGEE, its successors and auigns, all that cereai~ lot, piece or parcel of luid, situate, ly+ng, and beirg in the Ceunty of SL . 1.tlC1Q and State of Fbrida, destribed as follows: The South 12.5 feet of Lot 14, all of Lot 15, and the North 25 feet of Lot 16, Block 3, i~RRIWEATF~R PARK SUBOIVISIO;v, as per plat thereof on file in Plat Book 6, page 16, of the public records of St. Lucie County, Florida. , , . o` ~~o MP t ~ R~~ ~ 1 i St'~-~" i F - • -~j.t~EN ~''RY,_-~•'~F~ p ~ o ~~GU~ £YENV~-.= 3 V• , ~ F - ~Y ~ D~P~ ~ O ~ Su1~_6'~~ , y~.~` -v~ "t r ~ jM~"~ ~ s ~ - Pa~ - - ~ ~ a ~ "=s Q~'+~ ~ -~o N ~ ~~?C2 o ~ RE(~?~ ~<< ;~C~`Z tS OE ~i7a. y~~r! OK ~0 t" 7;.1',,~-. /i ~~~g ~L~IC~ t~ A~ a~ ~1R~ +ogether with all snd singular the tenements, MtreditameMi ~nd appurtances thereunto belonging w in anywise spperla~ning lhdeto• ~nd ~e^1s. issves, c~oceeds and profits accruing and to acc+ue from said premises, all of which are included in the above and fore9oing dewiptan and haberd~wn. ~ TO HAYE AND TO HOID the above destribed and granted premises unto the said /NORTGAGfE, ib svccessors a+d suig~s forever• Md 1h~ Y~d ~ the ir :'.ORTG GOR fot he~rs, executors, sdministrators aod assigns, hereby covenanb with the said MORTGAGEE, iri waessors snd t~ey are ~ ,„jt _ lawfully seized of the said prcmius i~ fee simple; that the s+me ~re free, cbsr and d'achsrged from sll lieru aod ~ ~•~ances in law or in equity, and that they will and the ir heirs shall wsrrant snd defend the tiUe to the s~rn~ to the wid :~pe2TGAGEE, its successors and auig~s, fwever against she lawful claims snd demands of all persons; PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the p~omisswy note hereinbefote desctibed and sh~ll hvlr, promptlr ~ ~-r; f~Ry perfwm, discharge, execute, complete, comply with and abide by exh a~d every tlx stipulations, ~g?e~rt~eori, conditioM and covenanri of said ~ :;~om~ssory ~ote and of this Mortg~ge, then this Mortgsge and the Estate hereby veated ihall cease and be nol) ard wid• Q'o ~ IT IS UNDERSTOOD that the word "Mwtgsgw" whether in the singular or plural a~ywhere in this Mortg+pe, shsll bt ~yulu if on~ only and ~ shall be plural jointly and severally if more than one, and that the word "their" ss used ~~ywhere i~ this Martg~ge ihall be taken fo mean "F?is," "hers," ~r "its;' wherever the context so implies or admits. Afso, that wherever there is • reference in the cove~+nri and aproert~enri hetein contained to u~y of ~ r!~e p~rtie~ heroto, the same ihall be co~strued to mean as wefl ss the heirs, kgal representatives, wccesson and +ssigr~s (t~ther rd~^1+ry bY sct of th~ ~ car~tes or invofunrary by operat'an of the law) of the s~me and that the covenanb herein contained sha{I bind ud the benefiri ~nd advantapes imx~ ~ !o !he reapective heirs, lega{ ropreseatatives, successors and au~gns oi tha parties hereto. ~ And said Mortgsgors, fw themxlves snd their heirs, legal representatives, successors snd suiyns, hereby jointly ~nd severally covenant and pne ~ ~o and with the said MORiGAGEE, its successors and auigns: 1. To p+y all and singular the principal :nd im~rest and the variovs +nd sundry wms of money p+yable by virtve of said promistwy note, +nd this ~ortgage, escF~ ~nd every, promptly on the days respectively the ssme uverally become due. 2. To pay all and ~ingvlar the tsaes, assessmcnts, levies, liabilities, obligatiau ~nd t~cumb~~nces of every nsture and ki~+d now o~ s+id dewibed oroperty, or that hereafter may be imposed, suffered, plxed, levied, p auessed the~eon, w ihat hereafN~ may be levied o? assesud ~rpon thi~ Matp- age, w tM indebtedness ~ecured hereby, each and every, when due end psysble, xcwd~ng to law, befor~ they become delinqueret, and beFx~ a~ry? iMer~st anaches or any penalty is incurred; ANO INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII dE PROMPTIY SATISf1ED A[V~ OISSHARGED OF ~ QECORD AND THE ORiGtNiAI OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE 5/1TISFACTION P/1PER OFFICIALLY ENOORSE~ "~'-z~ OR CERTIfIED) SHAII BE PIACED IN THE HANDS Of SAIO MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that any theteof is no1 pa d, sat sfied and discharged sa:d MORTGAGEE may at any time pay the same o~ any part thereof without waiving w sffectirq sny option, lien, equity a •~qhr vnder w by virtue of th~s mortgage and the full amount of each ~nd every such payment shall be immediately due and payable and shall bea~ i~te~esl ~,~m +hP date the~ec~ v~+~l ~,a d a~ rate of n~ne per centum per annum a~d together w~th fuch interest shall be secured by fhe lien of th's morg~aqe . . _ . . _ - - - r s ~ y ~,a'a :et Y~.. ..~.._z__ ~ s w . . . iF ?-~s s'-~`~~~'..