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THtS INDENTURE, Mad~ tM 23=d day of i _ A.O. 19~~„ bNwt~n
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Fabio A. Panzani and Susan T~~anzani~ hi~., wife
af $t. LuCi@ ~ovnry Florida, hr~inafta d~iipnat~d ~i !M "MORTGAGOR," ~nd FIRST fEDERAt SAVINGS AND IOAN
ASSOCtATtON ~SF FORT PIER~E. ~ co.pwatio~ wpaoi~d ~nd ~xiit~nq undN IM laws of tM Unued S~~t~s ot Am~rica .~a n.~~ m a~P+~ of
bvain~a in tl» City o1 Fwt PiKU. St. luci~ Couoty, Flaid~. Fwr~inah~~ d~sipn~t~d ~s tM "MQRiGAGEE."
WHEREAS N~. MORTGAGOR b jwNy i~d~br.d ro~M MORTGAGEE tn d,e of =44+~ , qood and 1•wful mo~+ey o( ~M U~~~ed
Stata ~dv~nc~d by tM MORTGAGEE unto the MQRTGAGOR, as svid~nced by ~ caNin promiasory nota of evM dats Mr~with, ot wh:ch 1M (ollowirg M ;
wOrdt and fipur~s it a t~w copy, to-wil:
: 44,000.00 . r,~, 13000334
fort Pkrc~. Fio.~a.. June 23 19 76
Fa valw ~~ceiwd, 1, w~ or eithar of us, promise to pay, without defalcation, to ~M order of FIRST FEOERAI SAVINGS~ AN~ LOAN ASACtATION Of
FORT PIERCE at Fwf PiNCe, Fbrida, ths sum of :44 ~~0 w~th in~erest from date H tM rate of 8•7~9f~ pM asuwre, in monlhly install-
~,r„~ roiroW.: = 362.~ 2OLh day of ~tober ~9 76 ~r+d a like sum oo tM cw?esQa+diry day of eath momfi tMrr
afte~ until the whole be fully paid.
Exh irot~ltment (irst shall be appliad in paynxnt of ths inrerc~t and then on tM unpaid batance of the princ~psl wm. If defauf~ i~ mae~ in th~
payment of ~~y installment wha~ due, and wth default continues 30 days, then et the optiw~ of the holder, and without any othsr not~aP, all ihs ~emairiug
instal~ments ihall be due and payabk at once. Privik9e is Qiven lo prep~y thii ~ote in whole w in part at sny time without pen~hy. Neither forsb~ar~nct,
nor acceptanc~ by the halder the~eof sfte~ any default in anY paYments hereon, shall be decmad extens~on. A late paymem ch~rpe of ~ le • 10; ~F?all b~
added to each installmen~ rcm~i~inq unpa~d 7 days aftK iri due date. and ~ like sum shall be edded to esch such ir~t~llmeot remaininq u~paid 7 days aher-
each succeedinp paYrrxnt date. '
Each makrr, .~e~y and endaser hereof, jointly and sever~lly, wsives dema~cl, p~esentment protest snd notice of protesf fw nonpayment, u?d further
egrees to ~ny extension of time of payment, either before w~fter maturity, without notice to ~ny of us; and to pay all costs of collectioe, includinq a ~
reasonabk anorruy's fee in tf+e svent a( any default hereunder, and heroby :everolly waives alt benefit of homestead and sxemption under ths constitWio~ ~
and lawt of exh Stats of tht United States, ai against this obligation or any e~ctension a renswal hereof. '
WiMess 1F+e har+d ~nd seal of exh party. ~
s/Fabio A . Panzani ~u
~tlf ~ S$ ~ ' csE~~)
s/Susan T. Panzani ~U ~
~ - • ~~~y
~ 566.00 . . - 4
) srab aevenue
l6~wnp~-wnee~l~aro?ipie~sF nole) .
NOW, THEREfORE, tM MORTGAGOR for the pu~pose of securirg paym~m of said ~urn of S 44 ~ 000.00 ~ and tM perfarma~ce of tlw
covenanb a~d a9rasments hersinafter expressed, ~nd fw dire~s good ~nd wlwbk consideratian, by thes~ presents, dots prant, baryain, sell, ~smiu,
relesse, oonvey and~on f+rm unto tM MORTGAGEE, its ~ucteuors and auiyns, sll that tertai~ bt, p'iet~ w pucet of land, sitwt~, lyinfl, ~nd b~inp in tA~
~ St. Lucie stat~ of Florida, descriMd follows: ~
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Lot 11,,. Block 138, SOUTH PORT 52. LUCI E UNIT 8, according to the plat thereof on
file in Plat Book 14, Page 26, Public Records of St. Lucie County, Rlorida.
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By agreeaent of Mortgagor and Mortgagee on file with Mortgagee, ~
the within nortgage secures not only an existing indebtedness, ~
but also ADVANCES to be HERFAF'TER.nade by Mortgagee to Mortgagor, ~
i the aggregate of which will equal the principal anount spec ified ;
i in the promissory note secured hereby. ?
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~ ~ STATE ~F ~t--G R ~
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tr. . u iN PA`MENT OF TAXES ~
" DOCUM~N?ARY~-~ STAM?
T A 3. ~
r~- - ~ ~gpNAL PROPER~~ 4
c-~ OEPT. Of RfVENUE _ ~ R~ INTN16~B1~ 1. F
_ - Jt~-1'i6 V ~ ~ 71•134. A~IS OF 191 ~ :
u~ = Pit- ~ ~ ~ ~ Ptyf~1W(( 70 ~ITIMS 't
~ iue2 ~ ~n 00~liK~ Si. tUC~E GQ, fU~ ~
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topetha~ with atl and singular the t~nements, hereditamcnts and ~ppvrt+nces therew~to belonpinp a in ~nywisa appartaioirg tMreto, and dl ~~nb, issws, i
proceeds and profin ~cvuiny ~nd to acuue from said prem7ses, all of which ue included 'm tM ~bov~ ~nd for~poinp deauiption ~nd Mb~ndwn.
TO HAVE AND TQ HQlO the ~bov~ desalbsd and gnnted pemises unto the s~id MORTGAGEE, its waessws and auip~s forevN. Md tM safd
MORTGAGOR (or tIIelr executon, adminisirators and assigns, hereby covenants with t1?e said MORiGAGEE, ib succeswrs ~nd psip%
rhat thav~arst _ Iswfully ie~:ed of the iaid prem~ses in fee simple: tMt the same ar~ free, dear and d'achu9ed from all lisr?s u+d ancwn- s
kx~~+ces in ~aw or in eqvity, u~d thal theV will ~nd ~t1e~-= hein shstl w~r~aM and dtfend tM titb to tM ~am~ fo th~ wW '
; MORTGAGEE, ib succeuors snd auigns, fweve~ against the lawful cl~ims and demand~ of dl perwm; i
~ PROVIDED, ALYJAYS thst if the MORTGAGOR shall p~y unto the MORTCaAGEE tht promisswy note hereinbefot~ desvib~d and sh~ll truly, ptomptly ~
~ and fully perfo~m, discMrgs, axecute, compkte. Somply with and ~b~de by esch snd every th~ stiputations. ~greemenri, conditioro and tove~anri of said ,r :
~ prom~ssory note and of this Nlortysye, t}+en this Nlortyag~ and the Estate hereby veated shall ceas~ ~nd be null u~d void. :
IT IS UNDERSTOO~ that the wwd "Mwt whether in tl+e si ular o? wd ~n
9ago." ny pl ywhert in this Maty~ys, shall be sir~yul~r if on~ only and
skall be p~wal jointly and severalty if mor~ tFun one, and thst the wo~d "thei~" as used snywfier~ in thit Mwty~ye shsll be taken to m~~ "his," "h~n." Iv '
w"its,° wherever the context w implies w sdmits. Also, that wherever there is a reference in tM covenanb and apreerr~n htrsin ooM~in~d to any d~;
th~ pa~ties hereto, the sams ahall b~ co~snued to mean as well ~i tl+e hein, I~yit r~presentetives, successon a~d auipro (either voluntary by aet of t!r ~ j
~ parties or inrolw+t~ry by operation of the law) of tl+s a~me and that the cwe~ants herein containd shall bind ~nd the ber~efib ~nd advu~ts~s irnpr ,
ro ttw r~spectiw hein, I~yal represenat+ves, wcceuws and au°pns of the puties he.eto. a ~
And said Mortpspon, fw tF~emselves and their hein. Isyal representatives, successon ~nd assiyns. Mreby jointly u~d seve~dly cov~naot and prK m
ro ~nd with th~ s~id MORTGAGEE, in successors and auiqro:
1. to pay dl ~nd sinpufar the principat and inte~est and the wrian a~d sundry sums of money paY~ble by vinue of f~id promiswry no1~, ard this ~ s
mwtya~e. ~ach ~nd ~vsry. Womptly on th~ dsyi respeu'nely ths s+me wwr~lly becane dw. !
2. To p+y dl eod sin~vla? tF+~ taxes. ~ssessm~nti, levies, lisbilities, oblipsrioru and ~ncwnbranus of wery natw~ and kind ~ow on said dtw~d ~ i
property, w that h~reafter may b~ imposed, s~ffered. Plaed, kvied, a ~ss~ued thereon, a that he~eafte? may bt Isvied w assess~d upp~ thb Mwt~
sy~, a the Ir~debt~dneu Kcured hereby. ~ach ard evMy, wl»n dw ~nd payabb, accordirg ro bw, b~/w~ thsy become d~lirqu~ro, aod btfon any intp~st "
attaches a sny penalty is incu~red; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SMAIL BE PROMPTIY SATISFIED ANp DISCHARGED OF ~
£ RKORD ANO THE ORIGINAL OFFICIAL OOCUAAENT (SUCH AS, fOR INSTANCE, THE 1AX RKEIPi OR THE SATISFACTION VAPER OFfICIALIY ENOQRSE~
~ OR CERTIfIED) SHAU BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AF1ER PAYMENi; and in tlk event that ~ny thereof is no1
~ Paid, sat't(ied and discherged s~:d MORTGAGEE msy at any t~me psy the iamt or any pan thercof without w~iving w aflec~iny any oplion, li~n. puify or i
~ •ipht under w by virrue of this morrg~ye and the (ull ~movnt of exh and every such p~ymem sMll be immediately dw and payabk and ahaN bea interqt f
~~om the d~te ther~of until paid at rate of nine per centum per •nnum snd to~e~her with suth inte?est shall be secured by the li~n Of th:s morytsqt. {
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