HomeMy WebLinkAbout0722 • :~~9 ~
THIS INOENTURE, N4d~ tM 18th d~y o{ ~1~- • A.D. 19 77 betwMn
. ~osenh V. Mialino and Pasela B. Miglino. his wif~
oi St. l.ucie „ Cp~ny Flpida, Mr~in~flp d~sipn~ted a~ 11.~ "MORTGAGOR:' •nd fIRST iEOERA: SAVINGS AND IOAN
A55CCIATION OF fORT PIERCE. ~ corpor~tion orp~ni:ed ~nd ~x~~~inp undw IM larr~ oi ?M Unit~d 5~~~~t of Am~ric~ and havinp it~ principd pl~c~ of
busir»a in tM City oi Fwt Pi~ru. St. lucM Gouny. Florida. Iw~tinaftK dwipn~t~d ~s tM "MORiGAGEE:'
WHEREAS tM MORTGAGOR i~ jw~ly ind~bNd q th~ NWRTGAGEE in 1M wm•of i 32~ , qood ~nd i~wful mon~y oi tFr Un~ted
Sf~t~s ~dvanc~d by tM MORTGAGEE unto tM MORTGAGOR, as evidenced by • cen~in promissay rat~ of evtn dats hertwith, of wh;ch ~iK :u:3ovrinp in
wads ~nd fipw„ 4~ trw copy, towit:
s _~2~500,00 _ t,~ 04-23014515
Fo.t Pierce. Flaid+. July 18 , 19~Z
Fw valw recaved, i, we, o~ e~ther of us, prom~se ~o pay, without defalca~io~, to tM order of FIRST FEOERAI SAVINGS ANG IOAN ASSOCIATION
Of fORT VIERCE at Fat Pierce, flwid~, tAe wm ~1 f_ 32~~0~~ with iMere~t trom date •t tM raM of 8•75 !L p~~ atu~um, in
monthly inst~llm~mi a~ follow~: =-_-268•~Q _ on the lOrh d~y of NOV~1~'-r , 19 77 ~nd • lik~ sum on
rhe correspw~dirg day of each month thereafta u~til tht whole be fully paid.
E~ch initallment (i~sr shall be applied in payment of ~he inttrest and then on the unpaid bal~nce of th~ ptintipal tum. li defaul~ is made
~n tht paymeM o} •ny inst~liment when due, and such defavU conGnue~ 30 days, thM ~t tM option o( the holder, a=.a wFthout ~ny other notice.
all the remaining installmenti fhall be due and payable at once. Priviley~ i• ~iven to prep~r this no~e in whols w in parl at •ny tims wifhout
penalty. Nather fwbearance. nw acceptance by the holdc~ tF+ereof aftK ~ny d~f~ult in anY p~Ymem F+e~eon, shall be de~med exteniion. A late
paymenl cM~qe of = .~•4O shall be asseued tM 26fh d+y of Me mon~h, i( ~ repular bvsinets day. or, if nW • re~ula~ business day.
~hen tl?~ n~xt busine» 3:~. an e+ch monthly installmeri? not Nwn nctiv~d.
E~th maker, surery ~nd endase~ hereof, joiroly and levtrally, waivq demand; presentmenl protesr and notice of proteft fw nonpaymenl, ~nd
f~nMr prees to s~y extension of tims of payment, either betwe or ah~r maturity, withovt not~te ~o any of us; and to pay aIl costs of collect"an,
~~cludirg a reasonabk enwney's (ee in the went of ~~y def~ub hsrwnder, and he~eby severslly waives all benafit of home~tead and excynption under
rhe oonstitut~on and lawf of aach State of the Uni~ed Statei, ~f ag~inst this obligation a a~y eatension a ~tnew+l htreof.
. ~ _~LJosenh V . Mi~lino
State document ~ it~mps in the amount (SEAL)
~f s 48~.~75 - Paoela E. Mialino ~~A~~
a4fixed to tIN rtW/tyap~ Ncvnd M/~by. ($EA()
NOW, THEREFORE, 1M MORTGAGOR fw the purpose of ~ecvrinq paymt~t of said sum of S 32 ~ 500 =O~ , u~d tF» perform~nc~ of tM
COVlMflf~ aIKJ ~f!lTMf~ IlOffiM~fN t:pretsed. and fw divtn 9ood ~nd v~lu~bl~ coroider+Yans, by t1~ pefants, do~~ pranf, bry~in, sell, remiss,
releas~, tonwy and tonfirm uefo 1M MORTGAGEE, its tucceuws and assi9ns, •It that cenain 101, piep or puc~l of land, situaN, lyinp, u?d beitp in 1M
County of St . I.l1C .~nd St~t~ of Flwida, d~xrib~d ~s idlows:
Lot 9, Block 567, PORT ST'. I.UCIfi, SECTION 13, according to the plat
thereof on file in Plat Book 13, Page 4: Public Records of St. Lucie
County, Florida.
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By agreement of Mortgagor and Mortgagee on file with
Mortgagee, the within sortgaqe secures not only an
e~cisting indebtedness, but a1So AWANCES to be HBR6- ~ ~
' AFTHR ~ade by Mortgagee to Mortgagor, the aggregate
of which will equal the principal asount specified
in the prosissory note secured hereby.
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?og_rher with all and sirqvlar th~ t~n~menri, heredit~ments ~nd ~ppurtarxas therwnto b~laqiny a in anywis~ ~pp~nainirq thareto, and ~II r~nri, issuq,
~ p~«ceds a~d profi» accruirg and to acuw from said premises, all of which ue included in tM ~bow u~d fapoinp d~scription and habemlum.
~ TO HAVE AND TO HOID tM ~bov~ described and yr~nted premises unro the said MORTGAGEE,•in sucuswn and auipna for~wr. Md th~ wld
!rORT~AGOR for their h~in, ~xecuton. administr~ton ~nd sssiyro. F~~by covenanri with the said MORTGAGEE, its woauws and us~.
~~.ar -t~ are ~~~~~Y ~;Z~ of tFw sa~d prem~ses in fee sim le; that tM ~am~ ~re fre~, ckar ~nd d'ach+r
P 9ad from dl IiMU and ~ncum~
b~en_cs in law o~ in equity, and tMt th~/ will and theiz heirs sFwll warrant and def~nd th~ titb w tM ~arer ro t!w s+M
4'.CRTGAGEF, iri succeswrs a~d assi~ra, fo~tver painst. tM lawful claims and demands of all pe~wrat
VROVIDED, ALWAYS th~t if th~ MORTGAGOR shall p~y unro tFw MORTGAGEE the promisaory rat~ her~inb~for~ describ~d u~d ahsll trvly, promptly
~ a~d fully peifwm, di~char~, sxecvte, compl~t~, comply with •nd ~bide by each ~nd ~very the ~tipulations, ~Qnernen», conditioro ~nd cov~nanb of said
`p€ p~on,~?sory not~ ~nd of thit Mlortyape, then this Mortysy~ ~nd ths Est~ta h~reby aeated sh~lt ce~s~ and b~ n~ll ~nd void.
? IT IS UNDERSTOOp tFwt tF» word "Mwt9apor" whether in tM singubr w plwd anywher~ in this Mort9aye, shall be sinpular if on~ only ud
y she!1 be plvrd iointly ud ~tv~rdly if mor~ Man on~, and fhat the wwd "their" ~s u~ed ~nywhere in this Mortyaye ahall b~ tak~n to m~~n "his:• "Mn••
~ o~ "ifs;' wFweve~ th~ co~q~ct w implies or ~dmin. Atw, that wherever there ii • r~t~renc~ in tM covenann ~nd preemenn hetein oonbin~d to any of Ao
? rhe pa~ties hKno, tM ~+me thall b~ corutrued to m~~n ai w~ll as the h~irs, leyal rtpesentatives, wccnsws and assipns (~ither volunury by sct of th~ ~~v
s Narr;es or i~voluntary by operation oi tM I~w) of the sam~ ~nd tl»~ ~he cov.nann I+~r~in com+i~,ed shall bind and rM b~mffn and .dvMtap~s inun
ro the rt~peetive Min, I~y~l reprtsentativN, wcceswn and su~yM of tM parties her~to. ~ r ~
Md said Mwtqaqoa, fw th~ms~lves ~nd their heirs, leyal repreient~tives, sucuswn ~nd auiyra, hereby jointly ~nd wv~rally cov~n~nt ~nd ~prk ~
~ ro and with tF~ aid MORTGAGEE, in svccttwrs and aupm: ~
1. To pay all and sinpul~r tM principal and intaeu and the var~an and wndry wms of mw~~y paYabl~ by virtw of said promiuwy not~, end thii
an ~
R~o.tg~, tach and wNy, promptly on tht d~ys respectirely tl+e same swer~lly becan~ dw.
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2. To pay •II and argular th~ t~xes, aaesurn~q. Iwi~s, li~bilities, oblipatio~s and tncwnbrances of ~very ~awr~ ~nd kind now on aid d~scribed
Pro4»?tY, a that htr~ah~r maY b~ imPOwd, wH~r~d. P~~ted, kvisd, or ~~wswd tMreon, a that MreaRN may b~ Isvi~d a u~esud upon tFSs MortQ~ ~
+ge, w tFM kd~btednes~ ~cvr~d her~bY. ~ad~ and wery, when dw ~nd payable. ~ccwdinp to law, b~fw~ they becan~ delinqwen, and b~fore any M+tK~at ~
attachet w any penalty it incwred; ANO INSOFAR AS ANY THEREOf IS OF RKORD TME SAME SMAII SE PROMPTLY SAi15FIED AND ~ISCHARGED OF
RECORD AND THE ORIGINAL OffIC1Al DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR TNE SATISFACTION VMER OFfIC1AlLY ENDORSED
OR CERTIFIED) SHAtI dE PLACED IN THE MANOS Of SAIp MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; ~nd in tl~e event tMt ~ny tF~~of is rat
pa~d. ~at"~fi~d ~nd diuhar9ed sa:d MORTGAGEE may at ~ny t~me pay the same or any part thsrwf withovt w~iviny w ~ffectirg ~ny option, li~n, puity p
~~~hr und~r a by virtw of this mort9~~ and the full amount of each ~nd every tuch payment ihall b~ immediately due ~nd pay~blt a~d aF~II b~ar intKest
~.om the dat~ thereoi unlil psid ~t rNe of nine per «ntum per annum and topether w~th such intere:t ~hall be secured by fht lien of th:~ mwptp~.
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