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HomeMy WebLinkAbout1388 ~ , ~ ~~v~ : ~ ~ ~ ` THIS INCENTURE. Mad~ th~ ~lst d,y July DOmitllc~ i n v ~ of BrQward , Cou~h? F~o?id~. Fa~sin~ftK d~sipnated ~s tIN "~hORTGAGOR." ~nd fIRST FE~ERA~ ~l1VINCs~ AND IOAN • ASSOCIATfON Of FORT PIERCE. ~ oorpwa~ion o+p+niz~d and ~xiuinp w?d~r tM l~ws of ~IM Uoisd SI+~N of /u+N~ica uid havH+Q its prindyal plaa of bus~nps i~ tF» City of fat Piac~. St. luti~ Ca+~h?. fbrW+. i+K~~^+fte~ d~siqnat~d as tM "MORTGAGEE:' WHEREAS tM MORTGAGOR k j~sNy i+d~bted to tM MORTGAGEE in tAs sum of i~ 2Z flQO'QQ------- y°°~ and lawful moMy o( tM United Srates adva~+ced by IM MORTGAGEE unto ~he MORTGAGOR, as widenced bY ~ c~rta+n promisw+Y no~~ of svsn d+to F?sr~w~th. of Which th~ fdlowinp in words ae?d ii~ytrs is • tr~ topy. fo-wit: ~~o ~~Q2~~D~q ~ ZZ~~OU.~ _ n• . _7I~ , _ foA Piuts. flwid+. •i`s++jj .i~~ is = - for wlue r~ctiwd, 1, we or eitM~ of us, prwnise ro pay, witfaut def~lcat~o~, to tM wdsr of fIRST FEDERAL SAVINGS AN~ IOAN ASSOCIAT~OP~ OF fORT PIERCE st Fal PiHCa, Florida, the sum of t-~sQQ~-~ - with inte~eat from dat~ ~t th~ r~ts of ...9.~~.% pK +M+~m. i^ mo^th~Y ~^itall- ~~,,;:,rs as fotlows: S 19~.~~ on the day of HQVPZII~IP_r 19_Z~ ~nd s lilu tum on tM correspondinp d~y of ~ach ma+th tl+K~- aiter uMil Ihe whole be fvlly paid. Each i+utallrt~ent fint shall bs apptisd in paymeM pf . ths i~ttrest and then on the unpaid balance of ths princtp~l wm. !f defsuh h en~d~ In ths ~•ay~neM of sny instaltment when due. and such defautt contuwes 30 days. then st the opta~ of ttr holder, and witFw~t ~++y otfw? ~+olice, all tM remainir~y ~nsiallments shsll bo dw a~~d paysble at once. Privils9e 1s yiven to prepay thu eote u+ who1~ w i^ P+rt +1 +^y tim~ wit:aut pee+hy. PMitlwr for~btarar~u. I e ~or acceptance by the holder thereof afte~ any default in ~nY p~Ymer+ts hsroon. s1*sll b~ d~emed exteroion. A lat~ paymem d~+rp~ of ~9' a'fte~ addrd ~o each i~stal:~nent remaininp unpaid 7 days ah~~ its dw dat~. and ~ lilu wm ~h+ll be add~d to each such installment ram+ining w~P~~d each sutceeding paYmeM date.' Exh maker, surety snd endorser hereo(, jointty u~d severslty, waives demand, p~ese~tment protest a~d notia of protest fw na+p+ymenf, ~nd furllw~ agrees to any exte~sio~ of i~me of payment, either before w after matwlry, without notice to any o( ~s; snd to pay all costs of collectio~, includ~np • r2asonabk attor~ey's fee in the svent of any default hereunder, and he+eby severa~~Y wa~~ca all be~efit of homestead and exemptio~ undar th~ tonst~tution ~~,d laws of each Sfate of ~he U~ited States, as against this oblig+lion or u~y extens~on or ~enew+l FKraof. W;~,xu ,r~ h,~d a~.a ,~i of exh party_ DominickAmendolare (s~W _ t~?U _ a Amen o are ~ l~~ ~ Stat~ Revenw .5+e~*rPs'ea+t~Ik/I'ar'eeigi"uF„°~el NOW, THEREFORE, the MORTGACOR for tFx purpose of sscuring p~Yment of said wm of and the prform+n~e of tM cove~ants and agreements hereinaher expressed, and fw diven yood and wfwble tauiderations, by tl+a~ presu+ls. does 9rant, bary~in, sell. ~emis~, release, convey and confirm unto the MORTGAGEE, iri successon and auigns, ~11 that terY~i~ (01, p'~soe or paros~ of I~nd, aihute, lyinp. and beirg in tM c«,nty of St. Lucie .~a s~,re of flor;da, ae~«Ib.a as ld~owu _ Lot 9,~Block 5, LAKEWOOD PARK, UNIT 8-A, according to the plat thereof recorded in Plat Book 11, page 47, of the Public Records of St. Lucie~County, Florida, ' ~4 ~ ~ . ~ F Fl~ Me ~ , o S~~Qp1 ~ . p. ti~~ ~ 3 3~ ~ ~ . L M V~~ a, ~ _ . V/of ~ ~ ~ ~ DQ ~ ~ " ~ IN PAYME11i OF T111~3 ;c ~ s f: a+ ~ pa2 DIIE ON CLI~SS 'C INTAN618LE PEB~lIAI ~~P~IYi ~ Fo ~~t PUtiSIiAKi TO ~1lIP'fER 7~y1~1. ACTS ~ 1~7L /~7~ • ° aER RWfIa3 ~ ~fRII CINGlR OOUiR, ST. LalC~ C8. M~ . rogether with aft and sing~la? ths tenements, hereditame~ri and +ppu?tances thereunro belagirg or in ~nywis! +PPs~t+ininp fharefo, and ~!1 r~nri. issu~s. proceeds and p~ofin acuuing and to scaue from ssid prem}ses, sIl of whKh ue included in fhs +bo+~~ and for~o~+p dest~iW~ ~ 70 HAVE ANO t0 HOLD the sbove desc?ibed and gnMed premises unto tF+~ s~id MORTGAGEE, ib waessots snd suip^t fonv~. Md ~ N.ORTGAGOR for tbeir hein, executors. +d+~+inisuators and auiyns, he?ebY oo~v~nls-with tM s~id MQRIGAiCsEE, i1s svoc~aas +~d ~sip~ they are Iawfuily sei:ed of tl~e ~sid p+ee~~~s in fee simpl~j tlut th~ ssm~ ar~ hM, cbu +nd dbchup"d fron' ~fl ti~ra and ~noun? rhat ~ brantef in law or in equity, and that theq _ will ~nd their ~~?+u w+?.+~+~ .~a ~•~+d +M ~ ro'~" ~O ~ .ti10RiGAGEE, its successors and assigrn, faevet agsinst the Iawful daims and demanda of +0 P~rsor?ss ~ PROVIDED. AlWAYS that if the JMORTGAGOR shall p~y ~?nto the MORTGAGEE th~ promiswrY nott her~'nbtfon daa~d ~nd thall tt~ly. prompR~Y a-~d futly perform, d~xMrge, execute, compkte, comply with and sbide by e+ch u+d sverY th~ ~tipulations, sp?eemenls, eonditioro and ooreMms of ~ ~ ~romissory note and of thit Mwtgage, then this Mortg+ye and the Estate hereby cre~ted tMll teaat ~nd b~ rw~~ +^d void• ~ IT IS UNDERSTOOD that the wud "AAortga9or" whether in tM singulai w ptvral ~nywFnn in this Morfya~e. +M~I M iinpvlar if on+ on1Y ~nd sha11 be pluro{ jointty ar+d severally if mors tMn a?e, and that the wwd "their' ~i used snywher~ in th~s Mw?y+~ sh~ll b~ t~ken to mean "his." "h~n.° ~ c, .,its," wherever the comext so implies a sdmia. Also, thst wherever there is ~ r~fereeo~ in tiw coven+MS +nd p?~ar^e^ri hera^ aoetairwd to s~ry of ~ rhe parties hereto, the s+me sh+ll bs cor:str~ed to mean as well as tF?e hein, lepal rspresentstiva, wacsasors +nd asiipm (~~M ~+^txY ~?Y ~ ~ parties w involu~tsry by op~rafion of tFK law? of the sams snd that the coven+nb he?ei~ cont~irwd sh+ll bind and ~h. b.++.fin and adv.mapa i~w.• ro the rapective he~rs, kgal represenutives, wccesson +~d au°yns of the pa~ties hsreto. and swK~l oovM+m ud ~ae Ard said Mwtyspors, fw tFwmulves ~nd rF+eir hein, t~p+l r~prese~+tatives, suoceuors ~nd ~ssipro, herebY I~~Y ~Y +o and with tM said 1MORTGAGEE, in suttessws snd +ss~9^sc 1. To paY al) ~nd wgular the prindp+l and interest ~~d ti+e vuian and wndry sums of mo~eY WY+~ bY vinue of said promiswry note, a~d tNs ~ mortys9e, esch and ~very, promptly oe the dsys raspectively tht s+me sewr~lly becom~ dw- 2. To psy all snd sinQula? the taxes. ~ssessme~n. Mvies, liabilitws, obliyatioru u~d Mcumbnnus of ewry mtun and Wod naw on said duv property, or tfiat hereafter msy be imposed, wffered, plated. Iwi~d, or wesseA tirrwA, a th~t hertafi~? in+Y b~ Iwi~d w as~ssrd Wa? ti~is Morq~ a3e, o~ tM indebfednesf secured hcrebY, f+ch a~d wery. whM ~e ~ed payabl~, accord'n+p b law• btfOn theY becane d~finquaM• Mfd b~fon M~Y M~t~rqt atraches w any penslty a incwred; ANO INSOfAR AS ANY THEREOf IS OF RKORD iHE SAME SHAII 6E PROMPTLY SAtISfIEO AND DISCHARGED OF ~ REtORD ANO THE ORtGINAI OFFlCIAL OOCUMEM (St)CH AS, FOR INSTANLf, TNE TAX RKEIP7 OR THE SATISfACT10N P/1PER OffIC1AlLY ENDO(fSED OR CERTIfIED) SF1All BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENTs ~nd in the ewM tiwf ~~y fhsreof is nw ~ paid, :at:sfisd u+d dischsrged sa:d MORTGAGEE may at ~ny time paY the sarn~ or +ny p+rt thereo4 w+thout waivin~ or affectinp sny optae, lien, equ~tY or •~qht under a by virtue of this mortyaye a~d the fvll amount of each +nd svery wch payment shall be iRVrKdiat~lY dw +~d WYSbk a~d sF~all besr inttrnt ~rum rhe da+e rhereo~ vnt~l pa'd a+ rate of nin~ per untum per anoum and topetner with suth interesf sMll be securtd bY tM ~~en of eh's morgtage. 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