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HomeMy WebLinkAbout1544 a+.,<v.] I ~ ~ THIS INOENTURE, Mad~ tM~ 28th ~y p{ August ~p. 19_ 75 Sinesio Z.. Aportela~ a s ngle adult , _ . o~ St •~C e Countp Fiwida, hN~iM~fN tl~fi~rtstetl as tM "MORTGAGOR,' and FIRST FEDERAI SAVINGS AND IOAN • ~ ASSOCIATION OF fORT PIERCE. ~ capa~tan orpanisd u~d ~x;stinp ur~dK tM liws ot tfie Uoiad Stat~s of Am~~ica u+d h~vinp it~ pri~ip~l pl~u of buan~ss h tF» City of Wrt PiNCe. St. l~ci~ Co~e+ry. fbrida, I~~Fewft~r d~~ipnat~d tF~ "MORTGAGEE:' WHEREIIS th~ MORTGAGOR is jvstly ind~bt~d ro th~ MORTGAGEE ie tM sum of ~ 54,~0.0~ ~~W{ul ma~ty of ths Unit~d. ~tates ~dva~?c~d by th~ NORiGAGEE vmo tM MORiCsAGOR, ~s ~vida+ced by ~ ce~tain promiuory no~~ of ~veo dat~ hsr~with, o( which 1M fol{owinp in words ~nd figv~es is a trw copY. to-wit: s StL, 800.00 ~ 13000128 fort Pkrc~. florida„ /~L19t15t 28 ~e~ 7S for valw nceived, 1, we or either of vs, promiss to pay, without defalca~ioe~, ~o tha orda of FIRST FEDERAI SAVINCaS ANb lOAl1 ASSOCIATION OF FORT PIERCE at Fo.t Piacs, Fbrida, the sum of =S~ ~~~•O0 w;~h inte~est (rom date at the r~h of 8• 5~ pet annvnl, in monthFy imt~ll- : m~nrs as foltowu S 4~2 on the ZOth d.y of Oetober ~9 75 and a lilc~ wm an the correspoe?d'up d~y of each month tMr~- a(rer umil tM whol~ be fully p~id. Each inslaliment firtt shail bs applitd in payment of the intereat u~d ~hen on the unpaid b~la~ice of ths pri++ap~l sum. (f d~fauh ts m+d~ tn th~ payment of any insqilment whe~ dw. and such d~fault continuss 30 days, the~ al Ihs option of th~ holde?. ~nd without any othM ootics. all th~ r~wwlninp ~ns~allmenti shall be dve a~d pay~bb at axe. Mivile~ is pivan to prepay this ~ots in whol~ w In put st any t~me withoW pM+lty. • Neithtr fweb~arant~. r,w acceptanc~ by tl+e ho1dK thereof after ~oy defauh In ~nY paYmer?b hereon, sMtl be deemed extensan. A laro p~ymem chsry~ of ~ 22 . 10, sMll b~ added ro each ~nstallment remsininp w?paid 7 days after its dw date, and a like sum iMll be added to e+ch su~h uutatlment remaini~p unp~id 7 day~ ~fte? each succeed'ug payme~t d~te. Esch reNker, turety and endwser hereoi, jantly and sevewlty, waivet demand, presentment protest and notite of protesf for nonpayme~t, ~nd fwthK agrees to any extension of time of payment, either before w after maturity, wi~hout notice to sny of us; and to p~y all cosh of collaclion, ie+clvdinp ~ reaionabb attorr?ey's fee in th~ evfnt of any default h~reunder, ind hcreby severally waives all benefit of homestesd and exemptan ~nde~ tht conttifution and laws of each State of the United States, aa sgainst this obligation w any e:~ension o? renew~l hertof. Witness the F~snd and seal of each parry. L~! ~ t t:~ S/ Sinesio Aportela, a si.~e adul l5~?U 82.20 ) Stsh Ravtnw - ~ - ~`~M~awaikd~ ar e~igi.~aF ~etd1 NOW, THEREFORE, the MORTGAGOR for the purpos~ of securinp payme.~t of ssid sum of = 54,~0•O0 , a+d tM pKfornwnoe of th~ covenanb and ayreemenu heretnafter expreued, and for dIVNf pood snd wlwbk conside~~tions by th~a~ prsse~ts, do~s yrsnt, b~r~ain, ~ell, remise, relense, conwy srd confirm uMo the MORTGACsEE, its svccessws a~+d auig~s, all that ceruin lot, piece or pucel of lu~d, sifuat~, lyinp, u~d b~inp ie the ~a~ty pf St _ Ilicie , and St~ts of fbrida, describ~d u folbwas ~ Condominiwn parcel 416 of CAPSTAN I according to the Declaration of Condominiua thereof recorded in O. R. Book 232, pages 619-711 of-the public records of St. Lucie County, Florida . . ~r ~ S1IBJECT to terms and conditions of said Declaration of Condominium, the Arti.cles of Incorporation, By-I.a~rs~ and Declaration of Covenants and Restrictions of Ocean ~~illage Property Owners Association, Inc., with which terms and conditions the mortgagor covenants to comply and perform. ~y agreement of Mortgagor and Mortgagee on file with Mortgagee, the ~rithin mortgage secures not only an existing indebtedness, b~ut also ADVANCES to tie F{EFEAFTER made by Mortgagee to Mortgagor, the aggregaie oi Wnicn wiii eyuai ine ~,rincipal amount specified in the promissory note secured hereby. ! S'~ATE oF F1-~RIDA ~ o= QOCUMENTARI! ~ n STAMP TAX ~ ; c-+ ~ ~EP7.OF REYENUE ~ I ~ ~ E = s~~ -rn ; 8 2. 2~ e~ o~ aws ! Mtr~a~t~ ~ a T~s n~siwrr ~ L At~n. ~ , p p ~~~OZ . . . . . . . ~yw . . . . . . . . . . . . . ~ ~ K ly~~. ~0lEf 10fTf0~S f.~l, C Cl~dlll W1t~t~: Yt. ,LiwyE 00~ Fl.ll ~ rogether with all and singulo the tenemenn, hered'+tamtn» and appurturces thtreunto belagirg or in anywi~t ~pperbk~inp thsrelo. ~nd al) r~nts, b~ws, ; a~oceeds and profin saruirq snd to acuw from s+id premises, sll of which ue irrJuded io tM ~bow and for~poinp daalptioe and h~bMdunw ; TO HAVE AND TO HOLO ths aFwve dexribed and granted premisa unto th~ said MORTGAGEE, its successas ~nd ~ssipm fww~r. Md th~ s~id ~ tilS ~ MORTGAGOR for - hein, executas, ~dministraton and ~uiyro, hsreby oowrwnfs with ttM said 1MORTG/IGEE, Ns wooeaon ~nd asfiprn, i rhai - ha i c Iar~,(ulty seiud of the said premises in fes simplr, that the wn~ an fr~, clear ~nd dladwp~d frwn dl li~ns ard a~ ~ brances in law or in equity, snd that f1e will snd h15 heirs shall warranf ind dtf~nd tl» titl~ to iM ~aen~ b NN s~W ~ !.~OR?GAGEE. its succeuon a~d assigns, fwever sys'uat the lawf~l claims ~~d dema~ds of ~II p~noros ; PROVIDED, AlWAYS that if the N10RTGAGOR ahall pay unro the MORTCsA('sEE the promisfwy noH h~teinb~fon d~wibed and slwll ttuly, ptomptlr ~ aRd fully perform, d~schsrge, execute, com lete, ' ~,omi note and of this Nbrt then this ~ y with ~nd abide by each snd ~very th~ stipulatioru, apreeme~+ri, tonditloro and aov~ew?1s of said ~?Y 9~• 9s9e and the &tste haeby ueated shall uaa and b~ nvll and void. ` IT IS UNDERSTOOD tMt the word "Mort9~po~" whether in the urgulu or plwal s~ywFiere in this AAorty~ye, th~ll b~ dnpvla? if on~ only and sha11 be plursl jointy and sever~ly if more than ons, and that the word "their" as u~ed ~nywhen in N~'s Al~ortyape shall M tak~n to mean "hb," "Mrs,° i cr "rts:' wherever tFK context w implies a admits. Also, that wherever tbere is a nf~re~a in tta cownanri ~nd spra~ments hK~in comain~d to ~ny of es~C! 5 +he perties he.eto, tM same sMll bs ca?strued to mean a welt as the hein, la9al representativa, s~rcc~swrs uid assipro (eiM»r voluntary by act of th~ a~ parries or involunury by operation of the law) of the s~me and thft the covensnts herea~ ooMained ~hall bind a~d tM bse»fits and advantap~s irwr~ ~ ~ ~o the rapective keirs, kyal representativta, s~ocessors and ass~~s of tF~e parties hereta ~ ~ /1nd aid Mo.tqsqors, fw themwlves ~nd th~ir Min. Ieyal represenatiw~, woces~ors and auipm, hereby pinNy and s~v~tdly covenam snd ~pr~e ~ ~ ro and with rhe sad MORTCsAGfE, in tuctessors and uiptu: ~ 1. To pay all and sinp~l~ tM principal and interest and tlw vsrious and wndry wms of morwy paYaW~ by virfw of said promissory no~e, and thN ~ mortgape, each u+d every, promptly on th~ d~ys respectivd~r the same swerdly becar~ dw. ~ ~ 2. To p~y +11 and sirgulx ths taaa, assestr~?b. Iwies, liabilitirs oblipstiora ard enaMnbrmo~ of swry n~twe ad klnd raw on s~id d«aib~d ~ ~ p.operty, a that hereaher may b~ imposed, wffK~A. P~+ced, kvid, a saeswd therwn, a N~at henaha may b~ le+ri~d or ass~swd upon tF~b Mort~ ~ e9e, w the ind~btedrnu secu~ed hereby. ~ath and evay, when dw and payabl~. ~ttotdinp b law, b~for~ thtr b~cwi» dstinqwnt, and b~iwt anp irM~qat attachei or any penalry is intwred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SA71Sf1E0 AND DISCHARGED OF ~ RECORD ANO THE ORIGINAL OFFICIAL DOCUNIENT (SUCH A5, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTlON PAPER OFfICIAIIY ENOORSED ~R CERTIFIE~) SHAII 6E PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; u~d k~ tM ewnt thst ~ny tlwnof is nw paid, sat'sfied snd disdwrged satd MORTGAGEE may at s~y time psy the same w amr put tMe~eof without waivirg a ~ffectinp any optan, li~n, equity a •+qht under w by virtue of this mortyapt and the full ~mo~~t of e+ch and every wcF~ payment shall b~ inun~Jistely dw a~d p~yabk ~nd shall bear intsrpt ~.om the date +~eroof until pa:d a± rate of nirn per tentum per annum aod toyether wiifiiuth infaest sMll bt secwed by fM li~n of ih's mo+yta9e. ; r.s. _ ,x: . , - _s -