HomeMy WebLinkAbout1505 ~~7'C~llUFi
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TMIS INDENTl1RE. Made ~ne 26th day of A.D. 19 74 • between
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__~Z~k,_j~Maio a~_MArtha DeMaio~ his MrifQ
Jf _ St• LuC~~' ~p~~ty F:wida, Fxreina(ter det~~~ated as tM "MORiGAGOR." and FIRSj fEDERAI SAVItvGS AND l0~?N
aSSOC1AT10N OF fORT PIERCf, a iwpw+t~on wguNUd ~r.d ex~s~:ng vnde. Ih~ lawf of the Un~tad SuNS of Amer~u and Mvir,p its p~~M~p+~ pl~c~ of
b..s~nes~ in tM City of Fa1 Pie~te. St. L~ca County, flw~aa, hereinat~er des~g~a~ed as ~hs "MORTGAGEE:'
V4HEREAS tht MORTGAGOR is iustiy indab~ad to tha MORTGAGEE in the s..~~ oF S 1O•~OlOO , 9~d and lawfu! money o( the Un:ted
;~~~es advanced by ~he h10RIGAGEE umo ihe MORiGAGt7R, a: ev~d~•nctd by a certa~n prom~sso.y no~e of e+en daee he~ew~th, of wh;ch ~he foibw~nq in
..~~~s and igures ~s a u~c copy. ~ow~~: 10020959
s 1 O~ 000. 00 wo
fort Picrce. Florida. J~@ Zb 19~4.
Fo~ vatue rcte~+Ed, I, we o~ ei'her of us, pro:r+~se ~o F*ay. wiihovt defa'.ano~. ~o ~?~c order of fIRSi F~UERAI SAVIIvGS AND LOAN ASSOCIATION OF
~iI P!ERCE at Fort P~ercr, fioride, Ihe sum o! S.1O~~~!OO _ ~+,'h :r.~trest (ran datz at thc ro~e of 9~5 :6 per ann~m, in monthly instalb
~s ,:s io::oYS: S. on t~OLj1 _ day of ~CtOb@r . ~~74- _ and a Gke sum on the coiresponJ~rq day of each month fhe~e-
~-ati: the who;e be fu~~r pe~d. ~
Each insi~ilment first ihal~ 6e ap~l;td in payment of the inter.-st and ~hrn cn the ~npa d balantc oi the princ pal sum. If deisult is msde in the
.~,,~n~ .o( a+ry insta;im~~nt wlkn d~e, ard su<h dota~It cont~nuts 30 daya, theo at +he a,.non of the ho~der, and witho~t any other notice, al! the remaining
,:ments shail be d~e and payabte a? onca. Pr~.~t~ge is givrn to prepay this note in Nhote or i~ parl at any tune without penalty. Neither fore'xu~nce,
~c:eptance by the holdrr tAereof afte~ any deFault in wny paYments heree~. sha!! be deemed extension. A tate paynxnt charge of = d~7O sMll be
d to each installoient remaining unpa•d 7 days atter its due date, and a i~ke s~m s:~al{ be addrd to each such inataltment trmaining enpaid 7 days afttr
,.ii succttding paY~nent date.
Each maktr, surrty and e~dorser herruf, join:t~ and srverai~y, wa~ves demar.d, p~esrntmeot protest and notice of protest iw nonpayrrKnl, snd further
~,:~~es to any e:te~swn of n~ne of pe~mrnt, ruhrr b_'ore o~ after r~atut~ty, wi~hovt nor,ce ro any of us; and to pay all co:ts of collection, inc:ud:ng a
<.enabie attwney's fre m the evanr of any d•_fav't hereunder, and hereby saveraily ~wivcs aIt benefit of homestead a~d eaemption under the constitution
; a,ns oE aach STa~e of ~he Un~ted Statrs, as ega~ns~ this o6Ggat~on er any extrnaion or renev.al hereof.
~Y~rness tfie hand and sesl of each pe~ty, s~=aI1IC D@MdiO
(SEAu
cs~?u
s/Martha DeMaio ~u
c~FnU
_ ~15.00 ) State Re~enue -
~arrps ranc~n~ ~~er+~~t?~t-~nt 1 O. 000. 00 ~
NOW, THEREFORE, the MORTGAGOR for the purFwse of securing payment of ia~d sum of S and the perfwmsnce of tf~e
._.anams arxi agreemenrs here+nafter expressed, and for d~vers gxd and va!uable co~~s~derations, by lhess presents, does grant, barysin, sell, rerniu,
_:sa, convey and conEirm unto the MORIGAGEf, ~ts successon and ass~g-~s, ail that certa~n lot, piece w pute~ of land, sit~ate, lying, and being in the
Counry of $t • LUCle _ ~nd State of fbrids, dew~bed as follows: '
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Lot 11, Block 4, CORAL COV6 BBACH SUBDIVISION, SDCTION ONB, according to the _
Plat thereof on file in Plat 3nuic Ii, i-ages 3G~ and 308, Publir_ Recotds of St.
.a
Lucie County, Rlorida,
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E o RECEtVE tNjA~,1~IBl.E ~jS ~ 197L ;~;1
~ on ~ ~ ~ER ii-134. J,-
~ ~~NT ZO pp1T~`11C1E CO M.
~ CIK(~=j ~R~• .
GIE
;ether w~th a11 and singular the tenemcrds, hereditamenh and appurtances thereunto belonginy or in anywise sppertaining thtrero, and all rents, iuues,
;•oceeds and prolin accru~ng and to acuue from said p?emises, all of which are :xluded in the above and fore9ang deavipiio~ snd habendum-
TO FiAVE AND TO HOLD ttie above desc.~bed and granted ptemses unto the ssid MORTGAGEE, its wccessws and aasigns forever. Md the taid ~
^~~TGAGOR for --thQiY---_- ~;rs, executws, adminisrrators and assigns, hereby covenants with the said MORTGAGEE, its successws ~nd asigro, :
j, ___they_are t~M,;ully u~:ed of the said premises in fee simple; 1Mt the same are (ree, cles? ~nd distharged fram sll lieru ~nd entum~
~-aeces ~n law or in equity, and that th~y W~n a~a _ their hein shsl! wsrrant ~nd defend the tide to tAe same to the said
-,2TGAGEE, its auccessors and assigns, forever aga~nst the lawful claims and demands of all perw~s; ;
PROVIOED, ALWAYS that if t}x MORTGAGOR shall pay unto the MORTGAGEE the promissory note he*einbefwe dewibed and shall truly, promptly
; i,;'ty perform, d:xharge. eaecure, comp~ete, cwnp~y wirh and ab~de by each and every the stipulatioro, agreemenls, condiiwns and coven~nn of ssid
nswy no~e and of th~s Mortgage, then this Mwtgage and the Estate hereby created ahall ceau and be ou~I and wid. rp~.
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IT IS UNCERSTOOU that the word "Mortgagoi' wl,ether in the s~ngular or plural snywhere in th7s Mwtgsge, shati be singulu if one only u~d o~
;~.a!: be plural jointly and xverally if more than one, snd lhat the wwd "theh" as used anywhere in th+s Mortgage shatl be taken to mesn "his;' "hers," ~
~ ~"in," wherever 1he contcat so imptits w admits. Aiso, that wherever there is s reference in the tovenanb and agreements herein conbined to aoy of ~
•;e ~,a.ties herero, the same shall be construed to mean as well ~s the heirs, legsl representatives, vxceswn and asigns (either voluntary by sct of the
~a~:~es oi involuntary by operatiun of the !aw) o~ the +ame a~d that the covenams herein a+nlained shall bi~d +nd rhe benefin and advantsges irwrt ~
~ the respective heirs, legai rep~esentatives, successors rr.d ass=gns of the parties hereto.
And said Mortgsgors, for ~hemxlves and their hein, legal repreuntatives, successors and a~ig~, hereby Ioint~Y +nd severalty tovensnt and agree j
ro and with the said MORT6AGEE, its successors and assigns: '
1. To pay alt and sir~g~Iar tFx pri~xipsl a~d inrerest and the various and sundry sums of money payaWe by vinve of said promissory note, and this ~
Torrgage, each and every, p.omptly on the dsys respect~vely the same severa~ty become dve• ~
2. To pay all and s~n9vlar the a~es, assessments, levies, liabi~i?ies, obligatiom and ercumbrances of evcry nsture and kind now on sa:d dewibed ~
G-operty, w that hereafter may be impoud, wffe~ed, plated, levied, or sssessed thereoo. w th+~ h~?esfter may be kv'~ed w ~ssessed ~pon lhis Mort4'
a7e, w the indebredncss secured Fxreby. exh and every, when due and payable, accwding to law. lxfore they becorne delinquent, and befor~ u~y intadt
=ches or a~y penalty is intvrred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISFIED AND DISCHARGED OF
-~_ORD AND TME ORIG1KAl OFFICIAI DOCUMENT ~SUCH A5, FOR INSTANCE, iHE TAX RECEIPT OR THE SAiISFACTIC~N PAPER OFFICIALLY ENDORSED
CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAIO MORTGAGEE WI7HIN TEN DAYS NEXT AFTER PAYMENi; and in the eveM lhat ~oy thereof is not
, d. sat sfied and diuharged sa d 1AORTGAGEE may at any t~me pay the same or any part thereof without waiving or affectir?g any option, lien, eqvity or
.,yhr ~,.:de. o. by vi.r~e of th~s mo•rgage a~d the f~ll amwnt of each and every such payment sball be immed~ately due arw payabk and shall bear inte?est
. .are cf nint per ce~!vm per annum and together w~th s~th iMerest shall be ucured by the ~~rn of ~h s^~oror~g.
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