HomeMy WebLinkAbout1540 - - - - ' ~
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THIS INQENiURE, Made the.Z7 h _ day of ~~`~y A.D. 19~ 7
S between
' Federico A. Macia} Ti.D. and
.rla_r~~~a A. Ma~tat__h~ S 4~~.fe _ -
, i i i
of 5t • i'UC~'e County Florida, hereinafler drs~gnated as the "AIORTGAGOR," and FIRST fEDERAI SAVIIVGS .4ND IOAN
ASSOCIATION OF FORT PIERCE, a corporatio~ organi:ed and existing undar Ihe lav,-s of the Un~ted Statos of Ame~ica and having its principal place of
business i~ the City of fort Pieae, St. l~cie County, Florida, hereina(1ar designatad as tha "MORiGAGEE.°
' 1vHEREPS 1hQ h10RTGAGOR is jui~.y indabted to the MORTGAGEE ic~ the a~~i o( S_25 good and la~vtu{ monay o~ the llni~t8 '
States advanced by the b1QRTGAvEE un~o the MORTGAGOR, as zvid~ncad hy a ce~!_~rt ;.r~~sissc+y not~ of e.e~ d'ofe h~r~w+i1~, ai wnlth Iha ioiiowing in
s`~S ~OUf~ur~Os a trua coPV, to-wir . . No11OQO3a..8
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Fort Pi~rce, Florida, May 2?~. 19?5
For value received, I, ~ve or either of us, pronzise to pay, withouY defalcation, to the erder of FIRS[ FEOERAI SAVINGS ANb LQAN ASSOCIAiION OF
FORT PIERCE at fort Pieice, Florida, tha sum of 5.-25~--~~~ Yf;~}i interest frpm date at the rate of 8•~o per an~um, in monthly instal!- '
217.00 20th Jul '15 ~ '
men~s as foCav~s: E-- on the day of y-~--.--~ 19_____ and a like sum on the correspond~ng day of each month there- #
atter unlil ~hc whole be fully paid. {
Each instaUment iirst shall be apptied in payment of the fnterest and then on the unpaid balance oi the p~inupal sum, tf default is mada irt the ~
paymem of any iostaUment when due, and such defeuU continues 30 days, the~ at the option at the hoRdzr, and without any other ~otice, alt the remaining ~
instatlmenrs snall be due ar.d payabtr at once. Privilege is given to prepay th;s note in who'e or in part at any fime without penalty. Neither farebearance,
nor acceptanca by ~he hotJer :her>of after any defautt in any payments hereon, shalt be deemed extension. A late payment charge of S1O' 8~ ~hall kw {
ad.ied to ezcfi imtaltment remaining unpaid 7 days after its due date, and a fike svm shalf be added to zrch suth instatlnienl temaining unpaid 7 days after
each succeeding payment date. _ '
Each maker, surety and endorser he~eof, join~ly and severntly, ~waives demand, presenhnent protest and notice of protest for nonpayment, and furthtr
agrees to any e~.tens~on pf time of ~~ayn~ent, either bafnre cr after maturity, ~vithavl ~~oGce fo nny of us; and to pay all costs of cellection, includ~ng e
reasonab!c attorney's f._ in the event of any d^.tault hereundet, and hereby severatly ~vaives ~11 be~efit of homestead and exemption under the constitution
and lawa of each State of the United States, as a9ainst this ob6gation or any extension or renewal hereof. -
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Witness ~he hand a~d seal of each part~. ' .
~S,,( Federico A. blaai:a, bi.D.~SEAI) -
~L~~ ~ ~ ~ ~ • r _ ' (SEAL) -
~ ~ ~ . . rlartha A. riac~ a (SEAL)
. . . ~ ~ ~s~a~~ -
37 • 5O ) State Revenue , ' ' '
~trnc~aac~a~c~e~e~t~+x~ ' ~ • _ ; 25 000:00 -
Nq:V, THfRFFORE, the MORTGAGOR for the p~rpose of secvring payment~of said sum of S ~ ~ and tfie performance of the
cove~ants and agreemente herei~iafter expressed, and fo,- dt~ers good and valuable cor.side~ations, by these presents, dces grant, ba~gain, seff, remisa,
release, convey,and conf;rm ur+to She h10RTGAGEE, its successors and assi~r.s, a!1 that certain lot, piece or percel of land, situate, lying, and being in fhe
County of St. Lucie ~ , end Statx of Florida, des ribed as follows:
. - ~~aa• ~Oa- C~'1.~~~~
Tne West 135 fe~t of Lot 17 of MARAVILLA GARDEI`'S, UNIT 1, as per Plat thereof
on file in Plat Book b, Page SS, oi the Public Record~ of St. i.ucie County,
_ rlorida, less that 1~ fee~'heretofor~ ~eeded to the State of Florida and -
recorded in D~ed Book- 219, Page 303 af the Public 12ecords of S1:. -Lucie County,
Florida. Together with all the tenemen~ts and appurteriances hereto belongir_g
or otherwise appertain:~ng.
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- . . _ . . . . . . - , - , . . . . . . . - PUR5tJ1Wi TO CF1RPiER 71-1~4, ACfS Of ly/1. . -
_ - ~ _ ROGER f'OfilWS ~
- (~W( CIRd1R aD{1RT, ST. NJCIE ~ % -
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together with a!1 and singular tne tenements, hered~tam_nts and appurtances there~nto belonging ar in anywise appertaining thereso, and a11 rents, issves, •
. proceeds and profits accruing and to aarue from said premises, ell of viF+ch are ~ncloded in the above and foregoing desviption snd habendvm. _
TO HAYE AND TQ HOLD the above descri6ed and gr~nted premises unto the said MORTGAGfE, ds sutcessors and assigns forever. And tkw taid
their ~
MORTGA R for heirs, executws, administrators and assigns, hereby covenants with fhe said MORTGAGEE, its s~ccessors and aaiyna,
~~iey are -
that lawfuily seized oi the said prem7ses in fee simple; that the same are iret, dear and discharged from all fiens and enc~m-
_ . bron:es in !aw cr in equity, and ihat they ~,,;i~ and the1T _ heirs shall warrant and defend the !itle to the same to ihe saW ~ :r_
MORTGAGEE, its wccessors and asscgns, forevzr against ihe ia;vful claima and demands af all persons; -
. PROYIDE~J, ALWAYS that if tfie hAORTGAGOR shall pay ur~te the AfiCRTGAGEE the promissory nota hereinbefore desaibed tr?d sh~ll ttu4y, ptomptiy y~~c~
and fulty perform, d;schar9e, execure, camplete, comply •rvith and abide by each and every the stipuletions, agreements, cenditions and tovenants of uid ~ _
prom~ssory :wte and of this Moatgage, then this Mortgage and the Estaie hereby created sha11 cease and he nu`.1 snd void.
IT 1S UNDERSTOOD that the word "NLortgagoc" whether in the sirsgutar c~t p4ura4 anywhert in this Nwrtgaga, stiall be sir.gular if one or'+!y and -
sha11 be ptural jointly and ;everally if more than one, and 1Fiat the vsord "their" as used anywhere irt th~s Mortgage shall be take~ to mesn "hit;' "hen,"
or '`its," v.herever the context so implies or admits. Also, tbat wherever there is a reference in the covenanrs and rgreements herein cootained to any of y""~.
the parties heroto, thr same sha!1 be conslrued ro mean as well as the heirs, tega! rep~esentatives, successors a~d assigns (either volunsary by sd of the ~ _
parties or imoluntary by operation of the law) of the same and thaf the covenants ',iere+n contained shall bind and_ tha b2oefits and advantayes Inut~ Vy _
!o the respective hsiss, legat representatives, svccessors and asrgm of rfie partirs hereto. " s
And said Mo~tgago~s, for themsetves and their heirs, tegal representatives, suctcssors and as~igns, fiereby jointty and severotly covensnt and a9ree
to and with the said M07TGAGfE, its svccessors and assigns: ~ _ ~
1. To pay all and tingular Yhe principal and interest and the variovs and sundry sums of mor,ep payable by virtue of said promissory nota, snd this
mortgage, ea~h and every, promptly ~n 1he days respectivety the same severally become dve. ° -
~ ~ 2. To pay aN and singvlar tfie tazes, asxesaments, 1evi2s, i+abitities, obligations and encumbrarxes of every nature and kind now an said described
property, or that h~reafter may be imposed, suifered, plate~, levied, oi assessed thercv~n. or that hereafter may be levied ot aisessed upon this Mort~-
age, or the indebtedness secured hereby, each and every, when due and payable, atcording to law, before they become delinquent, and before ~ny intKest
attaches or any penalty is incvrred; ANU lNSOfAR AS AN1f THEREOF IS O` RKORD Tli~ SAMf SHAII 8E PROMPiLY SA115FIE0 AND DISCHARGED OF
RECORD J!ND THE ORIGINAL OFfIC1Al DOCUMENT (SUCH AS, FOR ItvSTANCE, THE TAX RECEIPT OR THE SA7ISFACTIO(V PAPER OFFICIALIY ENDORSED
OR CERTIFIED) SHAII 8E PLACEO IN THE NANDS OF SAID MOkTGAGEE WIiHIN TEN DAYS NEXT AFTER F~AYMENT; and in the event that any thereof is not ,
paid. saYsfied and dischaiged sa'd MORTGAGEE may at any time pay the sam2 0~ any part thereof without wa+ving or affecting any option, lien, eqvity or
~7ght ur.der or by virtue of this mortgage and the /ull amount of each and every w h payme~t shall be immediat~ly tiue and paysble and shall berr interest
Frum the date thereo4 until paid at rtte of nine per centum per annvm and toge!her with svth interest shall be secured by the lien of th's morqts~e.
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