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Home My WebLink About0879 ~3~~~~ ~ - THIS INDENTURE, Madt the 29th day of ~ `~une /1_D. 19 76 . b~twNn Francisco Pa mero ar?d RObr~noi•y PalmeYO, his wife of . Luc ie , County Florida, M~einafta desi9n~~cd as tM "N10RTGAGOR;' and FIRST FE~QAL SAVINGS ANO LOAN ASSOCIATION OF FORi PIERCE, a cwporat;on a9an~:ed and ex~sting unda tM :awi. of tM Unit~d Su~~s of Am~riu u+d h~vinp itt principd pba of buune~s in ~I» C1ty o~ For1 Pitrc~, SI. luci~ County, Florida, herein~hu dei~pnatsd +s tM "MORTGAGEE." WNEQEAS tM MORTGAGOR 4 jvitly indebted ro th~ MORTGAGEE ie ths ~um of = 76 ~000• 00 yood ~r+d I~wful n~o/+~y.oi tlw Uniled State~ advanced by ths MORTGAGEE unto the MORTGAGOR, •s evidenced by a cert~~n proniiuay no~e of evt+? dat~ hcr~w~th, of wh~d+ th~ falowiep in word~ and figures ii a hw copY. towit: = 76,000.00 No10022008 ~ f«r Pk.~.. Fia~d.. June 29 ~q 76 Fw value received, 1, we a e~~her oi vs, prom~se to pay, wiihou~ defalcation, to the order of FIRST FE~ERAI SAVINGS Mi0 IOAN ASSOCIATION OF FORT PIERCE at Fwt Pierce, Flo~ida, ~he sum of S76! ~U w;th interest irom date at the rate of 8~ psy ~nnum, i~ monthlp w~stall- ments as fofioW:: S 626. 0~ ~ 1~ ZOt~I ~y of August ~9 76 and a like sum on the correspond~np day of sxh monM tl~a~- after until the whote be ful~y paid. Eath installment tirst shall be applied in payrne~~i of ~he inte~est and then on the unpaid bafance of the princ~p~l sum. (f defwh is mad~ in 11+~ paymcnt of a~y installment when due, and wch defau:t continues 90 days, then at the option oi the holder, and wi:hout any othsr notice, a11 tl» remaininp installments shail be dve and payabte af once. Pr~vilege is given ro prepay this note in whole a in p~A at any time without pen~lty. Nei1hK foreb~arMrc~, nor acceptance by the holder thereof after a~y default in eny payments hereon, shall be deemed extens~on_ A late p~yment chary~ of s 31 . 30 ~ added to each in:~allment remaininy unpa~d 7 day~ after its dus dats, and s I~ke sum shail be added to esch such initallmant remaininp ~w~paid ~ d~ys ahe~ each wcceeding paymeM date. Each makcy, surety and endorser hrreof, jointty and severally, waives demand, presentment protest and notice of protest iw nonp~yme~t, ~od fixther agrees to any extens~on of t~me of payment, eirher before w after marurity, without not~ce to any of us; and to pay all costs of collection, i~cFud'ag a reeso~wble artorney's fce in the evenr of any default he?eundar, and heteby severaily wsives all benefit of homes~ead and exemption ueder tM coro7:.Aiop and laws of exh State of the United $lates, as against thii obligation w any exreniion a ~enewal hereof. Witness the hand and ieal of each party. ~ i s/ Fzancisco Palmero ~ f~~VE~.E~ :_.f_ s~- ,i ~ aR r y.~ wt cuss -c ~~~u,c;TBIE PE~nal•Pt~ffPrktY. S/ Roseuary Palmero ~ i"JitSUAt(f TO CFWP?ER 71-13~, ACTS OF 19)1. QI ~$114 . 00 _a st.ro eevern,e N08EA P~IT1M3 ~os apcanr oour~, sr. wc~E oo, fu. NOW, THEREFORE, the MORTGAGOR fa the purpose of sccvring paymem of_ ssid wn+ of =76..~ OOO . 0~ ~~~~{a~~ ~ coven~nts and agreaments here+nafter eapressrd, and fw divers good ~nd valuable cwaide~ations, by these presenn, don ~.snt, bar~ain, sell, remrse, reiease, convey and confirm unto tF~e MORTGAGEE, its tuccessors ar+d ~uigns, NI that unain bt, piece or putel of lud, situale, (yin9, and beirg In tht Counry of St . LuCle and State of Florida, describsd as followt: . From the s~utheast cornez of i.ot 2~ Block 3, SIJRFSIDE; UNI'T ONE, as per plat thereof recorded in Plat Book 10, page 1~, St. Lucie County, Nlorida, public records, run South 28° 51' West along the West line of Ba;rshore Drive, 85 feet ~to a poinL of cuzva- ture; thence on a circular curve, concave to the northeast, having a zadius of 75 feet, ~ run 5 feet to the Point of Beginning of the lands herein described: From said Point of Beginning continue on the aforesaid circular curve, 51.7 feet; thence Southwesterly 215.52 feet to a point on the West boundary of Block 11, SURFSIDE, UYIT ?WO, as per plat thezeof recorded in Plat Sook 11, page 8, of the St. Lucie County Public Records, said point being 272.82 feet Southwestezly from the ' Southwest corner of aforesaid Lot 2, Block 3~ SURFSZDE, UvIT ONE, as measured along ~ the bulkhead line disclosed by said plat; thence Northerly along said bulkhead line I 172.8 feet; thence Southeasterly 150.47 feet to the Point of Beginninq. ' I ~ ~ • ? ~ `?~f~4 1 i f ~ en~~~~ : ~ - .S"~+~ - C~tC~~ jl~`~~ ~ By agreement of Mortgagor and Mortgagee on file j with ~tortgagee, the within mortgage secures not ~ only an ex~sting indebtedness, but also ADVA?vCES ~ to be HEREAFTER ua~e by btortgagee to Nortgagor ~ ~ the aggregate of which will equal the principal g amount specified in the promissory note secured ~ ~ hereby. ~ , ~ rogether with sll and singvlsr the tenements, hered~tamenti and sppurtances tFKre~nto bebnyi~y p in anywise sppertiu~iny therew, and dl teMt, &~w~ ~ proceed~ snd profits acvuirg and to acuue from said premius, all of which sre included in the above and fore~oirg description and Mbendum. ~ § TO HAVE AND TO HOLD the sbove descr~bed and gr~nted prem~ses unto ths said MORTG!lGEE, its waessors and usipnt forewr. Md th~ s~id ~ ~ MORTGAGOR for heirs, e~cecutws, sdministiato~s snd assig?u, hereby covenanb with the said MORTGACsEE, its wons~ors and atslpn. ' the aZe Y prerr,;ses in fee aimple; that the same are frse, ckar and dischsr9ed from all liwro and.~e~cw~? ~ rhat - y - Iswfuli seized of the said ~ brances in law a in eq~ity, and that t he y_ W;i~ t he i r ~ he'as shall wurant ~nd defend tM titl~ to th~ wr» to tlr s+id ~ MORT6AGEE, its succeuors and a~signs, fwever against the lawful claims and demands of sll persons; s ~ " PROVIDED, AlWAYS that if t!~e MORTGAGOR shall p~y unt~ the MORTGAGEE tFx promissory rate he~einbefote d~atribed N~d sh~ll ttuFy, proenptlr ~ ~ and fully perform, diuharge, execure, comp!de, comply wi~h and sbide by each and every the sripulatiortf, syreements, ow~ditioro and eov~nanb of said ~ ~ prom~ssory note s~d of this JNortgage, then this Mwtgsge ~nd the Esrste hereby veated ih~ll ce~p and be rnrll and void. ~ IT IS UNDERSTOOD that the wwd "Mortgsgoi' whether in the singulsr a plural snywhere in this Morty~e, shall be sirgul~r if one a~l~r and `i'~ ~ ifiall be pfural jointly •nd sever~lly if more than one, and that tlx wad "their" as used anywher~ in tF~a Mwt~a9e ihall be taken to rtwan "his," 'Mrs," ~ ~ or "its;' wherever tF~e context w implies o~ admits. Alw, that wherevn there is • reference in tM covenann .nd ap.ea~runn F~a.ein coma~ w aeqr of s the parties hereto, the same shall be construed to mean ~s well as the heir~, le9sl r~esenqtives, wccesson ~nd auig~ (eitF~t vohrntary by act of ti~ ~ ~ Dartip w involun~ary by opera~ion of the law) oF the same and that the covenants herein contained shall bind ~nd tht benefits and advant~pp irw/~ ~1 ~ ro the respective h~"ws, kgsl representatives, successors s~d ass~g~s of the panies hereto. ~ $ And said JNortgsqws, fw themselvea ar+d their heirs, legal representstives, successws snd aiiipns, hereby jointly and s~w~dly ooven~nt ~rd aprae ~ to and with the said MORTGAGEE, its successas and assigns: r*~ ~ ~ ~ 1. 7o pay sll and sin~ular eF?e principsl ~nd interest and ths various and sv~y sums of mo~ey paYable by virtw of said promisaorr noft, and tld~ A mwtgage, each ~nd every, pramptly on the days respectively the same seve~ally becortw d~e. ~ A 2. To psy all and sinpular the taxes, assessments, levies, liabilities, obliyations snd entumb~~rxes of every ~aturt and ko~d now on said daaibd ~ ~ property, w that hereafter may be impo~ed, iuf(ered, ptsced, levied, a essessed thereon, p that hereaftN may b~ Itvi~d or assead upa~ fF~ Morf¢ S ; age, a the indebtedneu secured hercby, each and every, whcn due ~nd payable, auordinp to law, before thty become d~linquent, and b~fon ~ryr inlatq ! ~ attathes or any penalty is incurred; AND IWSOFAR AS ANY iHEREOP IS OF RKORD THE SAME SMAtI dE PROMPTLY SATISFfED AND ~ISCNAR('sED OF ; ~ RECORQ ANO THE ORIGINAI OFfICtAt DOCUMENT tSUC?1 AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIALLY ENOORSf~ s = UR CERTIfIEO) SHAII BE PIACED IN THE NANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NfXT AFTER VAYMENT; and in the evem that arry tF~eof is no1 ' aa~d, sat'sfied and discharged sa:d MORiGAGEE may at any t~me pay Ihe seme w•ny part thereof witiwut waivirq or affMi~g ~ny option, 1'Nn, puily p } ` ~~yM vnder o~ by virtue of this mortgage and rhe full amo~nt of each and every svch paymenf shali be immediatel~ due and payabk and tMll b~~r interpt ~ ~ j~om ~he date thercof un?iI pa~d at rate of n~ne per centum per ennum and toyether w~th such interest shall be secured by the lien of th's morytpe. ~ ~r ~ ~ ~ _ , . . . e~~ ~a.~ ~