HomeMy WebLinkAbout0947 ~~.ss~1 ~S
THIS INDENTURE. Mad~ th~ 8 t h day of ~ A~711 A.D. 19 7 5 between
Vincent E. Speciale and Ceraldine P. Speciale, his wife _
of St_ 1_uCle Covnty Florida, Mreinafter designsted as ths "MORTGAGOR;' and FIRST FEDERAL SAVINGS AND IOAN
ASSOCIATION OF fORT PIERCE, a corpwation otyanized ~nd exi~tinp ~ndw 1hs {sws of ths United S~ata of America and havinp iri princip+l pl+u of
butiMU in th~ City of Fwt Pieres, 51. Lucis Cou~ty, Florida, hertinsft~r deiignated +s the "MORTGAGEE:'
WHEREAS tM MORTGAGOR ii ju~tly indebted to tha MORTGAGEE in the sum of S 32, 400.~~ ~ 9~J a~ ~~Wf~l monay of the Unitcd
Srates advanced by ths MORTGAGEE ~roo the MORTGAGOR, as ev~denced by a cer~ain promissory rate oi even date he~ewith, of which the lollowiny in
words and figuret is a true copy, ~o-wit:
s32,400.00 ~ 13000014
- fon P;Q«Q. Fia;d~. Agril 8 19 75
Fw value received, 1, we or either of va, prartuse to pay, without defatca~ion, to the order of FIRST FEDERAL SAVINGS AhD IQAtJ ASSOCIATION OF
i
FORT PIERCE at F~t Pi.;rce, florda, tha sum oi 32.40~.~~ with interesl fran dste st the rate of ~~6 per ann~m, in monthly instal6
~nents as fol!ows: S 267 _ on the _~thday of ~~a~_ 19_ 75 and a like sum on the corre~panding day of each month there-
aftrr until the whole be fully paid.
Each installment firat shall be applied in paymenl of ths interesf and then on the unpaid balance of the prindpal sum. If default is made i~ fhe
~ ayment of any instaGmeM when due, and such drfaup coroinues 30 days, then at the optio~ of the holder, and without any other notice, all the remsining
~~~srallments shall be due and payabfe ar once. Priv~tege ia g~ven to prepay thia note in whole or in part at any time withaut~senalty. Neither fwebe~r~nce,
nor acceptance by the hotder thereof after any default in a~y psyments he~eon, shatl be deemed extension. A late payment chsrge of f 13
!_.3
5 shall be
added to each installment remaining unpa~d 7 days after its due date, and a like sum shatl be added to each such insta!!ment remainina unpaid 7 days after
each succeeding paymenr date.
Each maker, surety and endorse~ hereof, jointly and severally, wa~ves demand, prese~tment protest and notite of protest for nonpayment, and furthet
agrees to any eztension of time of payment, either before a atter maturity, without notite to any of us; and to pay all costs ~f col~ection, includiny a
reasortable atta~ey"s fee in the event of any default hereunder, and hereby severally waives all bene(it of horneslead and exemptio~ vnder tix constituYan
~"d laws of each State of the United Siates, as against this obligation w any eztension or renewal hereof_
Witness the hsnd and seal of each party.
s/ Vincent Speciale (SEAU
~ ^ ' ' cs~?u
s eraldine P. Sp ciale
(sEnu
S 48 _ 60 ) State Revenue
rsarnps raneetkd-wr -angnfarrte~r
NOW, THEREFORE, the MORTGAGOR fw the purpose of securing paymeM of said sum oi = 32 ~ 4~~.~ snd 1F+e performance of ths
co•+enants and agreements hereinafter expressed, and fw d~vers good and valueble considerations, by these presenti, does grant, bargain, sell, remise,
release, convey and confirm unto the MORTGAGEE, its successors and assigns, ell that certain lot, piece or parcel of land, situate, lying, and being ln the
Coun!y of St. 1-uCl@ ard Stste o4 Fbrida, described ~s follows:
3~ao - 5~5- oo so- oo%
Lot 19, Block 152, PORT ST. LUCIE, SECTI01~ 4
a s reco rded in Pla t Book 12 ~ pa ge 14 th ru 14g
of the public records of St. Lucie County, Florida
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a . " ~i'% ~i~~~ IN PInfMENT OF TIIXES
~ o ~o~r~ ~ ~ ~5~; RECEIVED ~ w~o~art,
~ ,r --ot ~ - ouE a+ cuss ~ i~ansie+.E ~o
J ~r • pyR$UplIT TO CF1AP'TER 71•134. AGTS OF 19/1.
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y ~ e?,- ROGER PORMS ,
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G c^ ~i'~~ ~ CIfRK CIRCIIIT CUURT. Sf. LUCIE 00, FLA
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!ogether with all and singu~r~ the tenements, hereditsme~ts and appurtances thereunto belonging or in anywise appertai~ing ihereto, and sll rents, fuues,
croceeds and profib accruing and to accrue from said premises, all of which are included i~ the above ~nd foreyoing desttiption +nd habendum•
~ TO HAVE AND ~C~F~qI~ the sbove'described and granted premises unto the taid MORTGAGEE, its successon and assipns foreva. And th~ saM
~ :'ORTGA fw heirs, executws, administrators and assigm, hereby covenanri with the tsid MORTGAGEE, its sutcesson and auiyns,
~~at --~~Qy-a re- lawful:y uized of the said premises in iee simple; that the ssme ars free, clear and dixharged from all liero and ~ncvrrr
t~a~cea in law w in equity, and thst thQy will and their heirt shall warrsnt snd defend the title to the same to the taid
'.'~O~TGAGEE, its succes:ws and assigns, forever against the lawful claims and demands of all persons;
" PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the p~omi~sory note hereinbefore dewibed ~nd ~hall truly, promptly
3^d fully perform, discharge, exccute, complete, comply with and abide by each and every the stipulationf, agreemenis, conditian and covensnts of said
~ ~rom,issory nott and of this Mortgape, then this 1~lortgage and the Estate hereby ueated shall cease a~ bs null and void.
~ IT IS UNDERSTOOD that the word "Nlortgagw" whdher in the singular w plural anywhNe in this Mwtgsge, shsll be sinyulsr if on~ only and
~ sh;ll be plursl jointly and severally if more than one, and that the word "their" ss uied anywhere in fhis Mwtysye sMll be t~ken to mean "his;' "hen;'~~
o. "its;' wherever the contezt w implies or admits. Alw, that wherever there is a refererxe in the tovenants and agreemenri herein tontained to ~ny of
rhe parties F~erelo, the same shall be ca+strued to mean as well ss the heirs, legal representatives, successws snd sssigns (eitF?er voluMrry by ac1 of th~ ` JGI
aarries or involu~tary by aperatic~ of the !sw) of the same and that the coveoants herei~ cont~ined shall bind and the benefits and ~dvantayes inur~
~o the respective hein, legal representatives, successors and ass'gns of the parties hereto. .
~ And said Mortgagors, for themselves and their heirs, legal representstives, successws and auigns, hereby jointly and teverally coven+nt and apree ~
ro and with the ssid MORTGAGEE, its successors and auigns:
m
~ 1. To psy all end singular the principal and interest and the various snd sundry sums of money psyable by virtue of said promissory note, a:~d this
Y mortgage, eath end every, promptly on the days respettively fhe ssme ievera{ly becort~e dve.
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2. To p~y all snd ~ir?pulu the tsxes, +ssessments, levies, liabilities, obligaYans and encumbrances of every natun ~nd kind now on aid describ~d ~
property, p that hereafter msy be impoxd, suffned, placed, levied, or assessed thereon, a that hereafter m~y b~ levied or psesud upon thi~ Mort¢
agE, or the indebtedness secured hereby, esch and every, when d~e ~nd payable, xcwdinp to law, befae they become delinqusnt, aod befwe any iMerest
a!raches a any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 8E PROMPTLY SATISFIED AND DISCHARGED OF
RECORD ANO THE ORIGINAL OFfICIAI DOCUMENT (SUCH AS, FOR INSiANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFfICIALIY ENDORSED
UR CERTIFIED) SHALL 8E PLACED IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AF1ER PAYMENT; and in the event that ae+y thereof is not
aa~d, sat'sfied and discharged sa'd MORTGAGEE may at any time psy the same o~ any part thereof witFaut waiving or affecting sny oFtion, lien, eqvity or
•~qht under or by virtue of lhis mortgage and the full amount of each and every such payment shall be immcdiately due snd payable and shall be+r inferest
~.om rh~ dare the~eof unt;! ~a d ar rate of ni~e per centum pe? annum ~nd together w~th such interest shall be secured by the lien of th's morgta9e.
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