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TNIS INDEN7URE. Made the__Sth _ day of November A.D. 1?75 4e~ween
_ Marian A. I.onc~o,_, a sinqle adult }
of St • i-uCle Gou~ty flor~da, hereinatter drs~y~~arr,i as ~he "MORTGAGOR." and fIRST FEDEk1l SAVINGS ANO IOAN '
ASSO:.IATION Of FORT PIERCE, a corporat~on wgar.izcd end ex~sting unc.'er the la~vs o( ths United Statos of America and heving its print~pal placa of
bus~neu in tAs City of Fort Pie~ce, St. lucia Coun~y, fbrida, hrreinai~er des~gnated as ths "MORiGAGEE:'
WHEREAS Ih~ MORTGAGOR is justly indeoccd 10 1he MORTGAGEE in the sum of S- 15 L~~ gvod and lawiul money of the United
Srytes ad~a~crd by the MOR(GAGEE untu the MOR(GAGOR, as ev~duncrd by a cr~ta~n pronussory note of even dare M:~ewith, of wh~ch ihr 1ul:uwin~ in
nords and ligures is e truc copy, to-wit:
z15,000.00 ~11000365
Fort Pic~ce, Flwida, Novemb~,r S~ ~q?_~L :
Fa vat~e received, 1, ~v~ or either of i~s, prurrose to pay, without defalcah: n, to ~h.- crdar of FIRST FEOERAI SAVING$ AND IUAN ASSOCIATION OF
,;;~T PIEkCE at fo+t P~erce, flu~ida, the sum of S_ 151~0. 00 ~ti,~`. ~~~•~•r~-s~ Frorn datc at the ~a:e of ._._9_°o pe~ anr,um, in monthly instatb
~~'~~S d3 ~JiIGw1: S--~S3..00 o~~ ~~;~?~ttl <~ay of D~cember. ,,9 75 _ and a l~ke wm on tho correspondmg day of each momh the~e- `y
, ~ urnll tiie whole kx fut{y paed. ;
Eath installmtnf firsf sha~) be app!~ed in pay~ntnt o~ ~he iMrrest and t~.en en !he ur.paid ba!an~c of the princ pal Sum. 11 t~e~aulf is made iO 11M 4
.~nrnt oF a~~y instau~nent whrn d~e, ar.d wch defaull mnKnue~ 30 deyf, thcn at thr opT~o~ o( the hoider, and with~~t any o~her notice, all the remaining
.~„~In:enf: shait l,a J.,r ar~d payabiC at o~c~. Pr~vfiegr ~s y~~rn ro prepay this note in whole or in part af any time without penalty. Neither fwebeannce,
a• acceptan~e by ~he h~:da? thereo4 aiter any default in any paymems hereon, sf~~N be daemeJ eYtension. A late payn+eM char9e of S-?
~
6S shall be
i~~J tc ecch ~ni~~i~:r.,;ni ~er•~air:~ng ~nNa.d 7 ~ays ot!tr its dva date, and a iue su=n shaii ue added to each such instaitment rrmaining unpaid 7 days after
. succeedii~g pa~n~:ent d,!e.
Each malrr, svrc~y and l`n:IO!SB~ h._rrof, ~o,nt:y and srvcratiy, wa~ves drn-and. prc;_nt~nrnt p~otest and notiic of protesf fw nonpaymenl, and further
~_:s to any r..~rns.on o? r~..r of i~3 j+ucnt, 2r 'G ~;,;r? c,r dfr_r n.a~unry, witr,oui ror.c~r t.~ any of us: and to pay all costs of eo~lection, indud~ng a
cnab!e a~twr..•y s~ea +he e.ent o` a^.y d~^.+~~'t ~~:re~nde~, and hr:ebj ~e.i•a~~y .~airrs all bnnefi± of horncetead and exemption undu tFte tonstitulion
f'n•xs of <~~ch Srate ot ri~c J~~~ted Sr~zes, ~s ayeu~st ihis oLi~yaticn or arry ex~uns~on cr ~er~r. al hereoi.
lY~tness ~1:e hand and se31 of ~ xh Fartv.
_ S/ Mari an A. Longo ~ - (SEAI)
R~~t,~a IN PAt?MENT OF TAXES _ a s i nq le adu 1 t ~~,u
0~ ~ , s1~T'.MGIBIE ?E"',O:1~L PRO?ER1Y. tSEAt)
PURStii~i~i( TO CHaP(ER 11-134. AC1S OF 19IL
$ 2 2. 50 R06lR PORt~s ~
) Sfate Reve:~i~e ~ .
xa~a~xa~aacaca~~cac~as:~ c~~c c~~ourt cou . ;
NO'~Y, THEREFORG, the MORT'vkGOR for ~he c,~rpoae ef srcu~ing pa~me~! 04 sa~d s~~m of S 1 S~ • , and the performance of the
.~.er,aros and agreen:ents hercinaitet e~p~ess~d. and for d~vers goed end valuabk cons~derat~ons, by these presents, does g~aN, bargain, sell, remise,
.~ase, conrey ar.d ccw~fhm unt~ the h10RiGAGEE, its succcaso~s an~ assigns, alt that _ena~n lot, piece or parcel oF land, situate, lying, and beitg in the
Co~nty of St. Lueie and Stase of Fbrida, ~esuibed es follows:
:~partment No. 101, Building VII of ISI~IND NOUSE COTIDOMINIUMS, P~SE II,
according to the Declaration of Condominium and all exhibits thereto
dated May 13, 1975, recorded July 10, 1975 in Official Records Book 241,
pages 1626 -1700, of the public records of St. Lucie County, Florida,
together with all of its appurtenances according to said Declaration of
Condominium and all exhibits thereto and together with all tenements
and hereditaments thereto belonging or in anywise appertaining to said
apartment. .
I
j SUBJECT to the terms, covenants, agreements, obligations and provisions of
! said Declaration of Condaminium and all exhibits thereto which the Mortgagor
~ in all things does covenant to Mortgagee faithfully tn observe and perform.
~
~ Ry agreement of Mortgagor and Mortgagee on file with the Mortgagee, the
~ within mortgage secures not only an existing indebtedness, but also
R :~DVAh'CES to be HEREAFTER made by Mortgagee to Mortgagor, the aggregate
~ of which will equal the principal amount specified in the promissory
~ note secured hereby.
~ o`N~Y a ~~~5- 7G GG>>-~,~".`CJ ~
~ •.~Frher with a!1 a~d sir:gu'a. sne tene~*:ems, hered~~aments and appurtances ~hereunto betonging or in anywise appertainirg fherefo, and all rent~, issuts,
~ __eeds and prof~s accr~~ng and to accrue from said prem~ses, al! of which are inctuded io the above and foregang description end habendum.
TO HAVE ANp JO~~O1D the akwve descr~bed a~d granted premises unto the snid MORTGAGEE, its iutcessws snd assigns forever. And tM said
t tl
~ ~RTGA-C~p-R for,-= heirs, executas, admin~straton and assigns, hereby covenants with the said MORTGAGEE, its sutteswrs and aasipm,
;af _ Sh@ 1S _ ~aw+ully se~zed of the sa~d prem;us in fee simple; that the same are free, clear ~nd dixharged from all 1'~e~a a~d ~ncunr
p •~-~ces in law or i~ equ~ty, and that_~he _ W:II and her_ he;rs shall warrant and defend the title to the same to the w+d
~ ~RlGAGEE, in successors and ass~gns, forever against the tawful daims and demands of ~II persons;
PROVIDED, ALWAYS +hat if the MOD.TvAGOR shall pa•~ unto the l1M1ORTGAGEE thr promisswy note hereinbefore deuribed snd thall iruly, promptly
k - J fui~y perform, d~scharge. execure. complere, comply with and ab~de by each and every the stipulations, agreements, tonditions and covenants of ~aid
y ,~-::sswy note and of th~s M.ortgage, then this Matgage and the Estate hereby created shall ceau and be null and void.
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_ Ii IS UNDERSTOOD that the word "Morrgaga" whether in the singular o~ ptural anywhere in thii Mortgage, iF~sII be singulsr if one only u+d n~
n c~ all be p:ural jointly and xverally if more than orte, and tha~ the word "their" as used aoywhere in this Mortgage shall be taken to mean "hii," "heq;' o~v
~ "its," wherever the con!ext so imp:ies or adn,its. Also, that whe.ever the~e is a reierence in the covenants and ~g~eements he~ein contai~ed to any of ^
- •~:e parties htreto, the same shalt be construed to mean as well as the heirs, legal represen:atives, successws and assigns (either volunNry by att of th~
,-.arr;es or involuntary by operation of the law) of the same and tha? the covenaMS herein contained shall bind a~d the benefiri snd advanttpes inv~~
~ c rhe respective heirs, tegal repreaentatives, successors ?nd ait~gns of the parties hereto.
~
r And said Mortgagors, for themselves and thei~ heirs, legal representatives, succeisws snd assigns, hereby jointly and severally covenanf and pree ~ {
~ !o and with tbe said MORTGAGEE, i~s successors and assig~r. ~ ~
1. io pay all ~nd singular the principal and interest and the various and sundry sums of money p~yable by virlue of said promissory note, and this ~
~ --ortgage, each s:id every, prompdy o~ the days rcspecGvely the aame severally become due. i~ !
~ 2. To psy all and s~ngula~ the ta,~es, assessments, levies, liabilitie~, o b ligations a n d enc~m b rances o f every nature a n d ki n d raw on sa i d d e wi b e d t i
property, or that hereafte? may be impoted, suffertd, placed, levied, w sssessed thereon, p that Ixresfter may be levied o~ uses~ed upon fha Mwt¢ ~
~ age, a t}x indebtcdness secured hereby, each and every, when dve and payable, according to Iaw, befae Ihey become delinquent, and befor~ any intaat ~
~+~zches o~ any penalr~ is incurred; AkD INSO~AR AS ANY THEREOF IS OF RKORD THE SANtE' SHALL BE PROMPTIY SA11Sf1ED A~JO OISCHAStGED OF
~ CORD AND THE ORIGIhAI OFFICIAI DOCUMENI (SUCH A5, fOR INSiANCE, THE TAX RECEIPT OR THE SAIISFACTION PAPER OFfIC1AllY ENDORSED ;
~ OR CERTlNED) SHAtL BE PLACED IN iHE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT Af1ER PAYMENT; and in the evem that any thereof is not }
~ ;.a~d, sat'sfied and dixherged sa d MORTGAGEE may at any time pay the same w any part thereof withovt waiving w affecting any option, lie~, equity q
~~qh+ under o. by virtue of this mortgage and ihe ~~II amovnt of each and every such paymeM shall be immediately due and paysble and shall bear interest ~
',c.. ~ d,,~ ,'~e•eof d 3• ra~e of n~ne per tentum per annum and toge+her w~th such interest shall be xcured by ihe lien of th s n+ergtage. ;
,d¢~ '~`"~.,k"^ } ~ _ ~ - ~ f-.s^ ~a~.~.
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