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HomeMy WebLinkAbout0654 ~ i ~ ~ ~ ~3u,~~j2 THIS INDENIURE, Mad~ the~_8th d~y of MACCII ~ np ~q 76 Roland M. CaW?rott~? an~d Sadie Caparatt~. hig wife o} St . 1.UC~@ , Cp~~y Flwid~. Mreinafte~ d~sqnsted a~ the "MORTCsAGOR," and fIRST FEDERAL SAYINGS AND IOAN ASSOCIATION Of FORT PIERCE, ~ corpo?atiw? oryanized ~nd existinp vnda th~ lavw of ths Un~eed Stat~t of /4neriu and havlnp iri princlpal pbp of buun~~ (n tM City of Fort PiNa, SI. luci~ Covnty, ftorid~, henin~ftn d~signsted ai th~ "MORiGAGEE:' WHEREAS tM MORTGAGOR is jv~tiy indeb~ed ro ths MORTGAGEE in the sum of = 12 ~ • ~n_ good and lawfvl mo~~y of IM U~ited States advanced by the MORTGAGEE unto the MORIGAGOR, as avidenced by a ceriai~ pro+nis:o~y note of even date herew~th, of which tfis foli~,m~inp in wwds and fiyurei is • trw copy, to-wil: , = 12 , 000 . 00 ~ r,j, 10021815 Frnt Pierce. Florida. ~H tCh ~ ~q76 Fo~ v~lue ~eteived, I, we w either of us, prom~se to pay, wirhuut defalcat~on, to the order of FIRST FEQERAI SAVINGr~S ANO LOAN J.SSOCiAT10N.OF FORT PlERCE at Fwt Pierce, Flonda, the sum of S_12L~~'~ wi~h intere~t Irom date at tke r~te of 8•7Yo psr mnum, in moMhly ipstall- ments as {ollows: t g~ on the _2OLhd~y of `~Lne ly_76 snd a like sum on tF~e correspaid~ng day of esch mordh thers- •(tcr untii ~hc whols be fully paid. Each installment firsi shall be appl~ed i~ psymCnt of the inte.est and ~hen an the unpa~d balance ot tF~e princip~l sum. If defavlt is m~de in tl?~ payment of any installment when dx, and svch default continues 30 days, lhen at the opt~on of the holder, and withoul any other no~ice, all tho remaininq insutlments shall be due and payable at once. PrivileQe is given to prepay thii rwte in whote or in part at any time without penalty. Neitht~ forebearants, nw atceptsnc~ by the holder thereot aite~ any deFav~r in any payments hereo~, shall be deemed extension. A late payment charge of s 4• 45 , sMll be addcd ?o tach instaltment remaining unpaid 7' days after its due date, snd a like sum shatl be addad to each such installment remaining unpaid 7 d~ys after eacF~ succeeding paymem dare. Each maker, surety and endwser hereof, jointly and severally, w~ives demand, presentment protest a~d notice of protest fw ranpaymenf, snd furthsr sgrees to arty extensian of t~me oF payment, either before or a(ter matur~ty, without not~ce to any of us; and to pay all costs of collection, includinp a reasonable attorney's fer in the event oF any deiault hereunde~, snd hereby severally waives all benefit of homestead and exemptior~ under the constitvtion and laws of each State of tha Uniled States, as against thii obli9stion or any extension or rer.ewsl hereof. Wirness the hand y~d xal of each party. ' s/ Roland M. Caparotta ~ . ~ ~ . " t5~?U s/ Sadie Caparotta ~~q ~ S 18 . 00 ~ star. ae~enue ~U t5~nv~pro~nn~iled a? Kipwul ~et~) NOW, THEREfORE, the MORTGAGOR for the purpose oF teturing p~yment of ssid sum ot S 12 a0~-~ , ~~d tMe perfo?mance of t!w covenants ~nd ~greements herainafter e~cpressed, and fw diveri yood and v~luabl~ conside?ations, by 1F?ese presMts, does grant,. bar9ain, s~Il, remise, release, convey and confirm unto the MORTGAGEE, iri successors and ~ui~n~, e{I Ihat ceruin lot, piece or parcel of l~nd, tituate, lyinp, ~nd beinp in iM ~~fy ~ St . Luc ie snd State of Florida, described ~s follows: I:ot 11, Block 385, PORT S?. Lt~IE, SEC?ION 24, according to the plat thereof on file in Plat Book 13, Page 31, Public Records of St. Lucie County, Florida. - ~~3~ao-~p~~-o~o~-o~ ~ ~ - ~ ~ . •~Lti ""t~? ~ ~"R" ~ a~ ~s ~ ~R ~c?t ~ ~ p~~ L ~y~ ~ ~ ~l By agreement of Mortgagor and Mortgagee on~file with Mortgagee, the within mortgage secures not only an existing i~debtedness, but also ADVANCES to be ~RE_ ARTER made by Mortgagor to Mortgagee, the aggregate ; of which will equal the principal anount specified ' in the promissory note sec~sred hereby. i ~ , , ~ - ~ : ~ STATE F~oR~~A ~ Z ~ ~ DOCUMENTARIf ~_-..~,STkMP zn x~ ~ ~ oEPf= OF REVEMUE i s°•: ' ~ ~ = P~. = ~ ~ e. o o ~ ~ ~ t = u ~m .s ~ 3 ' toyether with sll snd singvlar the teneme~ts, hereditamenn ~nd appurtances therevnto belw~pirg o? in anywise ~ppertaininy therero. ~nd ~II rents, issws. ~ proceedt snd profits acwiny snd to accrue from ssid premaes, all of which ~re incJvd~d i~ tht ~bovs ~nd foregoi~g tkscription and habend~m. TO HAVE AND TO ~ the above dewibed and yranted premises uMO tM said MORTGAGEE, iri sutceswn and assipm fw~va. Md th~ said ~ MORTGAGOR fw the" heirs, e:ecutws, adminiarrata~ and asiigns, he~eby covenann with tF~t said MORTGAGEE, in succsswrs and aufpia, : the are ; ~hat y - lawfully se~zed of the said prem~ses in fe~ simple; that tM ssme are fre~, dear and disch~rped from all I'wns and ~ncwn- ~ ba+xes in law w in equity, and thst they will and their heirs shall warrant ~nd d~fend the title to the s~rn~ to 11» wid ~ MORTGAGEE, its sucusson and suigns, forever ayainst the lawful claims a~d dem~nds of sll persoro; - - PROVIDE~, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promistwy not~ hereinbefwe d~sctibed and ~hal1 truly, prompfly ~ and fully perfwm, discl?ug~, execute, comptete. comply with snd sbide by each and every the stipubtions, e9reemenri, tanditiora ~nd covs~wnts of said ; promissory rote snd of tha Mortysge, then this Mort9age and ths Est~te hereby v~~red ~hall uase and be cwll ~nd void. ,.o F 1T IS UlJDEP.STOOD thst the word "Mortgsya" whethe~ in the singular w plwal ~nywhsro in this Mortgaye, sh~ll be sinpular if one only anfi;i ,~~o _ shall bt plural jointly ~~d sever~liy if mwe than one. ~nd that the word "their" as used anywhere in this Mortpaqe thall be taken to mean •'his,•• "Mn,•• w"iri;' wherever the context w implies a sdmits_ Also, thst wherever there is a reference tn fhe covenann and .yreernenr• Mrein oom•ined ~o .ny of a the p~rties her~to, the s~me shall be construed to me~n ~s well ai tF~e heirs, ky~l rep~esentatives, successon and assipr?s (either vdvm~ry by act of tF» t psriies w invdunt~ry by operation of the I~w) of the same and 4hat the covenants herein cw?tained shall bind and the benefip u~d ~dv~Map~s inw~ to tht respective hein, kgal repre~entativp, successon and ~u~yn~ of the psrties hereto. - E Md said Mwtya~ors, fa themsetves ~nd their hein, legal represematives, wcceswrs and ~uiq~s. Mreby jointly and s~v~r~Ily ooven~nt ~nd pne y ro Md with t!» said MORTGAGEE, its successors and suigns: ~n ~ 1. To pay all and singular rM p~incipsl and interest snd the vsrian and sundry sums of money payabk by virtw of iaid promitwry not~, ~nd this morty+~t, aach snd ~vtry, promptly on the days ~espectively tl~a ssm~ severally becwne d~e. ~ 2. To pay ~II ~nd ~inyulu ths t~xes, asssumenb, levies, liabilitie~, obli9atian and encumbrances of wery nstu?~ u~d kind now on said d~strib~d ~ property, a that l+ereaher may be imposed, wffe~d, pl+cad, Iwied, or auesud theraon, a thst her~~fter may be kvied or u~eswd vpa~ this Ahotlp~ 'g +pt, a tM indebt~dness secured hereby, ~ach and every, wMn due and payabk, accordi~y to law, befor! thty becorn! dflinquent~. and b~fa~ ~ryr iMa~st ~ttaches w~ny penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 8E PROl1MTLY SATISfIEO AND DISCHARCsED Of i RECORD AND TNE ORIGINAI OffICIAI DOCUNIENT (SIKN AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION pMER OfFICIAIIY ENDORSED s OR CERTIFIED) SHAII OE PIACED IN THE HANpS Of SAID MORTGAGEE WITHIN TEN DAYS NEX1 AfTfR PAYMENT; snd i~ tt+s eve~t tMt any thtnof is npt paid, sat'sfied snd dixharqed ta:d MORTGAGEE msy at any tirr.e pay the ssme ot •ny paA tFxreof without waiviru,~ w affectiny any option; lien, eq~ify or •iqht under or by virtue of this rr»rtyage and the full smo~nt of esth and every such payment shall be immedi~tely due and paysbk ~nd ihall bes~ interqt g hom the d~re thereof vntil pa]d at ate of nfne per centum per annum ~nd toyether w~th such interest shall be secured by the lien of th:s moryby~. ~ ~ - - ~ ~ ~ _ . . . . . , ~ a ~x;y,~ ~ z.