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HomeMy WebLinkAbout1167 ~ ~ ~ : _ ~ ~ THIS INOENTURE, Made ~h~. 6th day of J~e A.D. 19_~~, between ~ Kenne~h A. Muaanti and Laur~.~~ius~i~is~.~3.~P _ of -~+Y -~a11C~@. taunty Florida, hareina(ter designated as the "MORTGAGOR," ar.d FIRST FEOERA(. SAVINGS A~U IOAN ASSOCIATInN OF fORT PIERCE, a corpo~ation organi:ed and ex~~~ing vnda~ the la~vs of the United Statos of Americe and having it~ prin~ipel plac~ of buslnas~ In thd City of forl Pierce, St. lucle County, Florida, hereina(ter designated as tha "MORTGAGEE:' WHEREAS tiie MORIGAGUR ~s jue~ly i~debted lo the MORTGAGEE in iha x~n: of S$~+~~~~~~ , gcod and lew{~I morey ot the United Stetes advanced by tha ~ti10RTGAGEE untu ~he h10R1GAGOR, as evidenced by a cerla~n promissory noto af even date htrowith, of vahith the (ollowing (n words and figures is a Irua copy, to-wit: . , ~ Sp No__ 100213~7~ forl Plerce, FforWa, JL1Tl@ 6 ~ l~i~~ For value received, 1, we or either of us, prornise to pay, without clefalcat~on, to the order of FIRST iEDERAI SAVIP}GS AND IOAN ~SSOCIATIdN OF • fORT PIERCE at Fort Pierce, Florida, the svm of S-SQ~.QQ.Qs_QQ _ with imarasl from date al the rafa of ~~~9o per annum, in monthfy inttalt- ments as (ollo•vs: S'412 ~ OG on ~hs ?Oth day of `julY-__._, 19__?5 and a like sum on the correipnnding day of each month there- afler until the whote be fully paid. • - Eath inslallment first shall be app~i~d in payment of th~ interest and thr~ cr; thc unpaid ba!ance of !ha principal sum. If default is~ made ln the paymrnt of any instaltmtnt when due, and such defauh continues 30 days, then at ~he op'ion of the holder, and ~vithout any other notice, all tha remai~ing insrallments shall be dua ar.J payab!e a? ooce. Privitcoe is yiven to preRay this nafe in wfiofe or in part al any t~me without penalty. Noithar (orebeetante, f1~I 3:<eptance by the holcfer theieof aftrr any default in aAy payments hereon, shall be deemed extension. f. late payment cha:~a of S~SQ, shall be . added to each instalGr,enf cemaining unpa:d 7 daya aiter its d•~e date, and a like iun: shail be added to each such installment remainirtg unpaid 7 dayt after each wccreding payment date. - • Etch maker, suraty and endorser hereol, jointly and seve~ally, waives demand, presentment protest a~~~ notice of protest fer nonpayment, and iurthe~ agrees to any extens~on of time of payment, either before or after ma~urity, without notice to any of us; and to pay all costs of collection, irtcluding a ~ teasonable attorney's (ee in +he event of any d~tault hereunder, and he?eby severally ~valves all benefit of homestead and exemption under the constitution and laws of esch Sta~e of the United States, as against this obligation or any extension or ~enewaf hereof. Witness Ihe hand a~d seal of cach party. f~`°' ~n~ a . ' r? ~ . s/Kenneth A. Musanti - _ _ cseAi~ - „ . ~ i r- csen~~ ~ . ` - sfLauretta Musanti ~sEA~~ . • 4 . _ . - ~ (SEAI) - ~ ~75 ~0 ) 5!ate aeven~e - . . _ t ~ . • . , • . . . (6rert~psteneeNed~onvr'girr~t ~etej - ~ ; , . . ~ , ~ • NOW, THERFFORE, the MORTGAGOR for the purpoie of serorin~ payrrien~ ot said sum of S 5O +_000• ~ and the performance of the covennnts nnd agreements hereinafter expressed, and for di~ers good and vatuab!e consideretions, by ihete presents, dxs grant, bargai~, sell, remise, ~elease, convey and confirin uMO Ihe h50RTGAGEE, its successors and assigns, all that certain lot, piece or parcel of land, situate, lying, and being in the County of St . Lucie ~y and State of Florida, descr;bed as follows: , L,ot 1~ , BRIARGATS SUBDIVISION, according to the plat thereof on f ile in Plat ~ook 14, Page i9, Public Records af St. Lucie County, F'lorida~ - - - ~ _ ~ .~3aS -S"a/-OD//-ao% - ~L7 T ~ ~ F ~._.:Q ~ 1 ~ ~,1 - - , _ ~TA siAn?~~ -~r~_!.- . ` - r p~~i;MENT~+RY.r = ~ . ' S a ~ - o.~-a ° D~PT GF E?E1EtiUE ~ ' _ ~~75.4~~ ~ =c a, - - ,f~:i 3'TS~~~~r~d+~ _ - _ ..<<~- ~ _ p&~ ~.R - _ [ . Q s ~ ~ ~2. . . . ~ . . . . . . . . . . . . . . _ . . - ~ # l ~ ~ o ~ IN Py4Yw1ET~T OF TAXEg - ~ - . . . . . . . . . . . . . . • Dl~ W~1 CLASS 'C' INTMlGlBLE PERSONAL PRp~ERIY~ _ _ _ _ PURSUANT TO C(iAPTER 71-134, ACTS OF 1D71, r~~ ~ - - ~ . . ROGER P017RAS f ~ GI,EERK CIR~tlli COURT, ST. 6UClE CO„ ~ together with ail ar~ singular the tenements, hereditaments a~d appurtances thereunto belortging or in anywite apF+ertaining thereto: and all rentx, issues, prxeeds and profits accruing and to accrue from said premises, all of which are included_ in the above and fotegoing deicription snd habendvm. TO HAVE AND TO HQID Ihe above desaibed and granfed premises unto the said MORTGAGfE, its sutcesfors and assiyns forever. And tM sald . thr~ir u = MORTGA OR for heirs, executors, administra~ors arid assigns, hereby covenants with ihe s~id MORT~AGfE, its •uccessors. +nd +asiyru, t~ie are ~ - . _ thu lawfully seized of the said premises-in fee simple; that the same ue irse, clear and diuherged from all liens sr?d encum- orances in law or in equity, and that t:1ey wi1! and ~l.? heirs shatl warrant an3 ~±f~n*J the titla ~o the ume ro The sald t MORTGAGEE, its svccessors ar,d assigns, fwever against the lewfvl claims a~d demands of all Fenons; - _ r~ PROVIDED, ALWAYS that if the H10RiGAGOR shall pay ur,to the MORTCaAGEE the promisiory no:e hereinbefore dextibe~d and sh~l1 truly, promptly ; and (u~ly. perform, discharge, exec~se,-"complete, comply with and abide by each and every the ttipulations, agrtements, conditions and tovensnis of ssid E3~ k_ ~ promisiory note and af this htortgage, .then this Mortgage and the Estate hereby created shalF cease and be n~ll and void. ~ . ~ ~ IT IS iJNDERSTOOD thnl the word "Mortgagor" whether in the singular or plural anywhere in thii M,origsge, shaN Ix singular if one only ~nd FE sfiall be plural jointly- and severally if more than one, and that the word "their" as u~ed anywhero in this Morigage shall be taken to mean "hif," ."hers," ~ or °its;' wherever the context so i:nplies or admits. Also, that wherevet there is a reference in the covenanti and agreementt h2rein conlaine~ to •ny of ~ the parties herota, the sarce shaR he constr~ed fo mean as v~~ell as the heirs, legal representatiyes, successors and assigna (either wlunfery by ~ct of the parties or involuntary by operation of fhe law) ~f the same artd that the covsnants herein cort+ined shall bind snd the benefib snd adv~ntaga inure ~ to the respective he~rs, legal represe~tatives, svccessors and ass°gns of the parties hereto. - A~ said Mort9ag4rs, for themselves and tbeir heirs, lega) rop~e:entativei, successors and assig!u, hereby joEntly and severoily covenant snd ~rse ro and with the said MORTGAGEE, its svccessors and assigns: - - - l. To pay all end singular the prirstipal a~d interest and the vario~s and sundry sums of rrfoney payable by virh;e of said promissory note, snd thh _ mortgage, each and every, promptly on the days respeEtively the same severolly.become dva - _ - " 2. 7o pay all snd •ingvlar the tazes, assessments, levies, fiabilitie~, obligatio~: anc s.ncvrr~brarrces of evrry ~atura snd kind now on said drscribed - properiy, oa thsf hereafser may be emposed, euffered, placed, levied, or assessed theieon, or that hereafter may be levied or ~ssesssd upon ihFt Mort9- sge, or the indebtedness s^c~red he~rby, each and every, when due and psyable, according to law, before they betome delinqvent, and bafor• ~~y interesl attaches or any penalty is incurred; At~7D INSOFAR AS ANY THEREOF IS OF RECORD THE SAI41lE SHAIt 8E PROMPTLY SATISf1E0 AND DlSCFIARGE~ Of RECORD AND THE ORIGINf.I OFFICIAI t)QCUMENT iSUCH AS, FOR INSTANCE, iHE TAX RE~EIPT OR THE SATISFACTION PAPER OfFICIAIlY :NDORSED Oit CERiIf1ED) SHAII BE PIACED tN THE HANDS OF SAID MORTGAGEE WITHiN TEN DAYS NEXT AfTER PAYMENT; and in the event that any tlxrec~f is not' paid, satsfied and discharged said_ MORTGAGEE may at any time pay the same a any parl thereof wiihout waiving o? affectiny any option, I'ien, eq~ify or right under or by ~irtve of Ihis morlgage and the futl amcvnt of each and every such payment shall be immediately due arv! payahle and shsll bear interest hom tht dste thereof until pbid at tate o! nine pu centum per annum and together with suth i~terest shall be secvred by ihe I:en of th:s morytage.