HomeMy WebLinkAbout0915 , ~ 3~8~p ~ - ,
TMIS INOENTURE. Mad~ ths Z9th ~y of S~ptewber ~ 19~
Aethony Altinq and Esanuela N. Altino. his wife
o~ St • LL1C @ ~~~M F~a;~~ ~~Q~Mfter designa~ed as ths "MORTGAGOR;' •nd FIRST FEDERA~ SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a corporat~oe~ orQanizcd and exi~tinp unde~ rhe laws o( ths U~~ted St~ta of Am~rica ~nd Mvi~j in principsl placy of
M?sir~est in t1a Ciry of fort Pierc~, St. lucie Co~nty, flo~ida, hereinaffsr desiyna~ed as tM "MORiGAGEE."
WHEREAS tF» MORTGAGOR is 'u~tl udebtsd to th~ MORTGAGEE ia•the tum of S 35~~~•~ `
1 y' , good and lawful ~oney of the United
Statei advanced by ~he MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promiuo?y note of even date herewith, of wh~ch the followin~ i~
wads and tigures is a true copY. to-wit:
= 35~000•~~ r,~p j3000154
Fwt Pierce, Flwida, - SeDteO~Y 29 19 75
Fo~ vatue received, I, we w eithcr of ~s, p?omiu to pay, without defaication, to the order of FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF
fORT PIERCE at fort Pierce, Flwida, the sum of 5 35~~0.~ w;~h ~n~errst irom date at the rate of8•7SO,'o pet annum, in monfhly ins~slM
ments as follows: S-?'88•~- on the ~th day of January , ~9 76 and a I~ke sum on the cwrespond~ng day of each month there-
after wvil the whole be fully paid.
Each i~?stallm~nt first shall be ippli@d in oavmont of the interest and then on the unoaid balsnce of the princtpal sum. If detault is made in tAe
paymen? of any instatlment when due, artd such default conti~~es 30 days, then at the optan of the holder, and w~thout any other notice, all the remaining
installments sAafl be due and paysble a1 once. Privileye is given to prepay this note in whole or i~ part at any time withovt peoalfy. Neithet forebearante,
nor meptante by the holde~ thereof after ~ny defaull in any paymsnts hareon, shall be deemed extension. A late payment charge of =14
~
,40
- shall be
added to each imtaftment remainin~ unpa~d 7 days after ib due date, and a like sum ahall be added to each such installment remaining unpaid 7 days after
each ~ucceeding payment dare. .
Each make., surety and endorser he~eof, jantiy and severally, waives demar.d, presentment pro~est and ~otice of protest.fw no~payment, and further ~
agrees to any extens~on of time of payment, e~ther before w after matuiity, wirhaul not~ce to any of us; and to pay all costs of collection, includ~ny •
reasonable attaney i fee in the event of any default hereunder, end hereby seve~ally waives sll bc~efit of hom.estead artd exemption urtder the cw~stitution
and laws of each State of the United States, as against this obligatio~ w any extension a nnewa) hereof. ~
Witness the hand and seal of each party_
. S/ Anthenv Altino ~
S/ Gaanuela N. Altino, his wi~y )t
~ ~ • 5O ~ State Revenue ~U +
1
{6~aw~s-wwcdlei ~ ~rig:wel ~nste~ ~
NOW, THEREFORE, the MORiGAGOR for the purpose of securing paymcnt of ssid sum of = 35t~0•0O , ~nd tht performance of ths
tovensnts and agreensenti htreinafter expreued, and for divers good and valwbie considerations, by ihese p~esenri, does gr~nt, bsryain, sell, remite,
releasr, convey and conf~rm unto the MORiGAGEE, its succeswrs and ~ssigns, all that certain bt, piece or parcel of Isnd, situate, lying, and bsing in the
St. Lucie ~
County of , and State of florida, dew~bsd as fdlows:
Lot 4, Block 40, RIVER pARK UNIT 4, as per plat thereof on file in Pl~at Book il~..
page 9, public records of St. i.ucie County, Florida,
By agreeoent of Mortgagor and Mortgagee on file with M9rtgagee, the within sortgage
secuzes not only an exiating indebtedne~s, but also ADVANCES to be HEREAR?ER aade
by Mortgagee to Mortgagor, the aggzegate of which will equal the principal aaount
specified in the promissory note secured hereby.
N ~ STATE FLORlt~s-~ ~ ~
' ~ DOCUMfNTARY,-~=:~ STA M P' A)~ ~
i DEPT. i1F REVE!VUE , ~ F
! K~ P.. =~?-~•~5 t~:~~~~ = 5 2. 5 0 1 {
o = 1 G~ ~ wir++e~ o~ ~
~cEiv~n
. . . . . . . . . . ouE oN cx~?ss r ~au~? MlO~Ri~~ ;
;
~u~wrrr m cw~R nax ~ts oE lit1. _
~ i~HN~
pHill q111Yff ~OiMl~ 3~ MlCR C0.. RI~ ~
together with all ~nd singu~ar the tenements, heredrtamenri snd sppurta~rces thereunto belonging w in anywife appertaininy the?ero, and atl rent~, isav~s,
proceeds snd profib accruing• and to acvue from said premises, all of which are ir~cluJed in the abov~ and foregoiny description ~nd h~berdwn. '
TO HAVE AND TO HOL~ the sbove deuribed and gramed premises umo the said MORTGAGEE, i» wcceswrs and asiipns fweva. Md th~ wid
MORTGAGOR fo? --~~1~-- hein, execvtors, ~dministntors and auigns, hereby covenants with the said MORTGAGEE, its s~aetw~s ~nd ~ssiprr, ;
that -?hP~---~
Q-- lawfully seized of the said prem~ses in fee ~impte; that the same u~ free, clesr and diuFurged from all liens and arcw~r
brances Isw w i~ equity, and that they w~~~ t heiz ~~n shall wuraM u~d defend the tifile to the s~me to ths said }
MORTGAGEE, itf succesaors and assgn~, faever sgainst fhe fawful claims and dcmands of all pe~sorq; ~
PROVIDED, ALWAYS thst if the MORTGACaOR shall pay unto the MORTGAGEE the promiswry ~ote I~ueinbefore deKribed and shall ttuly, pomptly ~
and fully perform, d~scMrge, execute, compkte, comply with and abide by exh ~nd every tMe stipulatiau, sgreemenh, conditio~s and oow~snb of said ~
promisso?y note and of this Mortgsge, then this Mortgsge and the E~tate hereby ueated shall ctas~ and be ~~II a~d wid. ~
IT IS UNOERSTOOD that the word "Mortgsgw" whether i~ the singular w plural anywhere in this Mortyape, shsl) be sirgulu if one only and ~
shall be plural jointly snd seve?ally if more than one, and that the wwd "their" as used anywh~re in this Mortgage shall be tak~n to mean "his:• •'hera•• p0 ~
o~ "its;' wixrever the context so implies w admits. Also, that wherever therc is ~ referente in the tovenants snd apreernenb herein contained to any of
the parties hercto, the ssme shall be constr~ed to mesn ss well as the hein, kgal represenhtives, succeuas and auipna (either voluntary by act of tFw ~
pa?ties w involuntary by operotion of the law) of the same and ~hat the covensnts herein contai~ed ahall bind .nd the benefin a~+d ~dv~napes inw~
to the respective heirs, legal representatives, successas snd ass'gi?s of the puties hereto. - ~ ~
And said Mortgsgors, for themxlves and their hein, leyal representativd, successon and suigrn, Fwreby joiMly ~nd stverally cov~nant and apr~e ~
to and with the said MORTGAGEE, in auccessors +nd assigns: ~ ~
1. To psy all and sirgvlar the principal and interest ~nd tfie variovs ,~nd aundry sums of mp~ey piYable by virtw of said promissoty npte, and this ~
mortgage, esch and every, promptly on the days respectirely tF~e same severally become due.
2. To pay all and singvlu the taxes, auessmenn, tevies, liabilir'~es, obligarions and e~awnbranaa of svery n~tun u~d kind now on said d~saib~d ~
property, a thst hereaher may be imposed, tuffered, placed, 1~evied, or ~uessed thereon, or tMt hsre~ff~r m~y b~ kvied w asested trpo~ thb Morf~-
age, or the i~debtedneu sccured l+ereby, esch and every, when d~e and payabk. ~ccwdirg to law, befor~ they becort~ delinquent, and befor~ any i~terpt~
attaches p any pena0ty is incurred; ANO INSOFAR AS ANY THEREOF IS OF RKORD TkE SAME SHAII BE PRON1PTlY SATISfIEO AND DISCHARGED OFr~
RECORO AND TME ORIGINAL OFfIC1Al DOCUMENT (SUCH A5, FOR INSiANCE, THE TAX RECEtPT OR THE SATISFACTION PMER OffICIAItY ENDORSED ~
OR CERTIFIEO) SHAII BE PIACED IN THE HANDS OF SAIO MORiGAGEE WITHIN 1EN DAYS NEXT AfTER PAYMENT; snd i~ the event that any thenof & no1
paid, sat's("~ed and discharged s+:d MORTGAGEE may at any time pay the same or any part thereof witho~t wsivirg o~ affectiny amr option, lien, equify p
.~qht under a by virtue of this mo.tgsge and the full amount of eath and evcry tuch psyment shall be immediately due snd paysbk and shall be~r infaqt
i.om fh~ dafe rhe~eo4 ~~n~~f ea d a! rate of nine per centum per snnum and together w;lh such interest sFull be secured by the lien of th's morqsage. `
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