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HomeMy WebLinkAbout0053 ~U~~16 , THIS ItvpENTURE, AAads the__ 23Y~ day of APrll _ A.D. 19_?S between John F. Ramondo a~d i~nlorps l.. Ramondo, his wife . - - ~ - of St .~UCle Cp~nty Florids, hereina(~er desi~nated as the "A10RTGAGOR," and FIRS~ FEDERAI SAVtNGS At:^ tOAN 4SSOCIATION OF fORT PIERCE, ~ corporat~on organi:ed and existing under ~hs laws o( ths Un~tc~1 Stat~t of America and having iti p?incipa) place of bus~ness i~ the C~ty of Fo~l P~e.ce. 5t. lucie County, Flwida, here~nafter designated as the "MORTGAGEE:' WHEREAS Ihe MORTGAGOR ~s justiy -indebttd to the MORTGAGEE in the sum of S_ SS~.~O~i~Q---__. good and lawful money of the Un~~ed ~~.~!e~ advanced by the ~1lORTGAGEE un~o the MORfGAGOR, as euiJented by a certem promisswy ~ole oi evrn date herewith, of which the followinp in _ :.:,~ds and fig~res ia a truo copy, to-wit: s 55,600.OQ_ . 13000019 forf Pierce, flwida, April 23 ~y 75 for vaive received, I, we or either of vs. E~rom~sP to pay, wirhou? defa'canon, to the order of FIRSi FEDERAI SAVINGS A~IO IOAN ASSOLIATfON OF ! ;RT PIERCE al Furt Pierce. Florida. thc a~m of s. 55~~0 vvah ~+~r•:crs~ fran dare at the rate uf 8 e?~ pe~ annum, in monthly ioatall- .rs a: f;,!~ows: s_458.00 on ihe _ 20tflday ,f _~une ~9_75 and a like sum on the cwrespond~ng day of eath month lhere- +"r: unti! ihe who:e br 1uHy paid. Each instjllmrnt first shall be app~i~~d in payment cf thz inrerest and then on the ~npa~d balance of the p~inc~pal sum. If defaull is made In the ,;~~ent of a~~y i~:s2a:irr.~n1 when due, ond wch default con~+nues 30 days, then at tha option of the ho~der, and wilho~,t any other notice, all the remaining ~s~~!Iment~ shaN be due and payable at ance. Privi~ege is given to prepey this note in whole w in part at any time withoul penaNy. Neither iwebeatance, r. acceptar.ce by rhe ho:der t!~ereof aiter any default in any payments hereon, shall be deemed ex~ension. A late payment charge of s22 ~ 9O , shsll be i-d to each ins~aG:r.ent remaining unpaid 7 days alter its dua date, and a Gl:e sum shall be aoded to each such installmeM remaining unpsid 7 days afte~ ,:i~ succeed~ng payrr.ent Jate. ' Each ma.er, svrety and endaser hereuf, ~ointly and severalty, waives demand, presemmeat protest and notice of protest fw nonpaymeM, and further ;~:~~es ~o any eRfins:on of ~:me of pa~ment, eithrr before w after mawrify, without no~:ce to any of us; and to pay all costs of collection, in~lud~ng a •_scnable attorrtey's f:e fn tha evenr of eny d~~~av't hereu~de~, and hereby severaliy wa~ves ali benefit of Fwmesiead and exemption uoder the constitWion .i 'aws of each State of ~he Umred States, as aya~r;st thEs obf~ga~ion w any exte~sion o~ renewal hereof. W~rness ~he hand and seal of ea.h pa~ty. . , , . , s/ John E. ''amondo rsE~ . . (sent) s D lores L. Rar~ondo ~q c83 ao . ~u State Revenu? ~••n•~ <sweeile~i~w a:yisw~.wo~s) 1~1 NO'N, THEREFORE, tha MORTGAGOR for the purpose of securing payment of said sum of S 55~ ~0•O0 ~ and the performance of ths ,::e~anss and agrecmnnrs hcreinafter expressrd, and for divers good ar.d valuabfe considerations, by these presents, doe~ graN, bargain, setl, remise, ~~::se, convey and cor.f;rm umo the MORTGAGEE, ets successors and assigns, aI! fhat certain 101, piece w parcel of land, sitwte, lying, and being in fhs : o~mty of _St. LAC1Q and S+are of f(orida, described ~s follows: 3~~~ - S~ 5- D/~O- DOD~~ Lot 13, Block 177, SOUTFi PORT ST. LUCIE, UI~`I'T 11 as recorded in Plat E~ook 15, Page 15 of the public records of St. Lucie County, Florida ~ i ~,~T ~rr - - ~ r-L~ ~ ; L; ~ ` ~ n'. Vr't~~lr~'lY' - 5~ j - . ~ t rV ~J-~ , _ i j~`5 c~ - _ . . J~ ~J 3. ~ ~ 0 pA~~E~~Q~~2~~,~. - . ~ ~ ~ ~ ~ l b C~k ~~;~w- ,y,~. 'E - - ! ~ I , ~P~,,.~~~8~ 3;,. ~'~S ~ F~ ~ ~K i>> s da-. f K~r'F"~V~c.~ ti?s ~~A Qplttu-L~r,\E. s ~~,1 ~p C `~~U~~~ yl ; ~R~ ~lR~ i ~ i ~ [ S i ~ ~ ~ 2 ~ ~ :3esher w~th alf a~d singular the tenements, heredlramenis and appurtances ihereunto belonging q in anywise eppertsining the?eto, and ~I! ~enf~, iuves, ; .-eceeds and prof~ts accr~ing and to accrue from said premizes, all of which are included in the above and faegoing dewiption and habendum. s TO HAVE AND TO HOLO the above described and granted premises ~nto the said MORTGAGEE, its successors and ~signs fwever. Md tFN said ! ~RTGAGOR for - t~'tel i------ heirs, e~eecut«s, admin~s~rarors and ass'~gns, hereby covcnants with the s~id MORTGAGEE, its successors snd auipro, _ they_ are ~ -~r fawfully se~zed of the said premises in fee simple; that the same are free, drsr and dixh~rged from dl liens ~nd tncurtr < •,.:ces in law or in equity, and that they W~~~ a~ thei r heirs shsll warra~t and defend the title to the same to the said _ : GRTGAGEE, ~n successors and assigns, forever against the lawful claims and demands of sll persons; - PROVIDED, AlWAYS that if the MORTGP.GOR shall pay unto the MORTGAGEE the promiuory rate hereinbe(we dewibed ~nd sMlt truly, promptly - ~ d f„i?y perform, d~scharge, execute, comptete, comply with and ab~de by each and every the stipvlations, agreements, condilions ~nd soven~nn oi s~~d .~~~~sso.y note and of this Mortgage, rhen this Mortgage and the Estate hereby uested shall cease snd be null and wid. ' IT IS UNDERSTOOD that the word "Mortgagor" whether in the iuig~lar w plwal snywhere in this Mwtgsge, shall be singular if one only snd ~ ~ a:: be plural jointly end uverally if m.ore than one, and that the word "their" as used snywhere in this Mortgage shall be taken to mean ''his," "hen;' : ~"~~s," wherever the co.~te~t so lmplies or admits. Alw, that wherever fhere is a reference in the covensnts •nd agreemenri herein cont~ined to ~ny of ~~ti j e parties nereto, the same shall be construed to mean as well as the heirs, legal repraentstives, successws snd assigns (eithe~ voluntary by act of tFs~ . a•<~es or imoluntary by operation af the 1aw) of the same aod that the covenants heroin contained shall bind and the benefiti and advaMayes inwt ; the respective heirs, legsl representatives, s~ccessors and ass~gns of tFr_ partie~ hereto. And said Morlgagors, fw themselves ar+d thei~ heirs, legal representatives, successon and assigna, hereby jointly •nd severafly tovenaM and a~ree f ~ ~o a~d with the uid MORTGAGEE, its successors and assigns: ? ; 1. To pay all and singuler the pri~tipal and interest and the various and sundry som~ of money payabla by virtue of said promissory note, aod thif ~ y -.cregage, each snd every, prompfty on the d+ys respcttively the seme seve?ally become dve. - 2. To p~y sll snd fingulsr the taxes, assessments, levies,.liabilities, oblig~tions and encumbrances of every nature and kind now on said described ~ r..operry, a that hereafter may be impoted, suffered, placed, levied, or ~ssessed thereon, a that heresfter m~y be levied o~ sssessed upon this Mo?tg- M h ; a~e, w the indebtedness secured hereby, each and every, when due and payable, accwding to law, be~we they become delinqvent, and befwe ~~y interest 1~r~ ~ ~ches or any penalty is inturred; AND INSOFAR AS ANY THEREOf IS OF RECORD THE SAME SHALL BE PROMPTLY SATISfIEO AND DISCHARGED OF W ;s aECORD ANO TNE ORIGIP3Al OFFICIAL DOCUMENT iSUCH AS, fOR INSTANGE. THE TAX RECEIPT OR iHE SATISFACTION PAPER OFFICIAIIY ENOORSED - CERiIF1E0) SHALL BE PLACEU IN THE HANDS OF SAIp MORTGAGEE WITHIN TEN OAYS NEXT APTER PAYMENT; and in the event thaf any thereof is no1 - ~I. sa~"sfied and discharged sa d/1lORTGAGEE may a~ any t~me pay the same or any part thereof without waiving or ~ifecting any option, lie~, eq~ity a ' •~;hr ~nder or bv vir~ue of this morrgage and the 1u11 amoun~ of each and every such payment shall be immediately due and payable and shall bear interest ~ ~ <<.. d••.• r'..-.~.r.4 ,-,.,i .ate of nlne per centum per annum and together w~th svch inrerest shall be secured by the lien of rh s morgtage ~ ~`'•s!'$~°.'~ ~ e,; . x _ _ . . _ . ~ ~