HomeMy WebLinkAbout1714 FI. P1C(te, Florid• ~ ~T ~
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THIS INDENiURE, Made Ihe-4Y+h day of - . .
Fran g._S~u~r~ci~s~ti~Yhy~~is Guerriero, h~s wife~al~o John C.
_-L~uerr_i~ra,_a~ingl~_~~~l~s__ - -
of__~ri~ _~115~~ County, floriJa, hereinaftcr de:ignat~c ati :tie "MORTGAGOR;' and CITIZENS FEDERAI SAYINGS AND IOAN
ASSOC~ATION OF ST. LUCIE COUPlTY, a corporation organi:ed and existir.g under t'~c .'aws of 1he United Statet of Americn and having itt p~incipal place
of business i~ the City of Ft. Pierce, St. Lude County, florida, hereinafter desi~natnd as the "h10RTGAGEE". e
WHEREAS the MORTGAGOR is juitly indebted to the h1URTGAGEE in the sum of s a~..~Q-, 9ood and lawf~l money of ihe United ~
Sta~es acivanced by rha' MORTGAGEE unto ~he M110RTGAGOR, as evidenced by a certain promissory note of even dafe herowith, o( wh~ch the following in
words and~~iyvr~~ it',e tr~ti copy, to-wit: ,
s-~T,~',oo ~ No. 33
Febru~ry 4. 19 ~
Ff. Pierce, Fioride .
for value received, 1, we or either of us, promise to pay, without defa~cation, ?o the order of CiTIZENS FEDERAI SfiViiVG~ AN~ IOAN ASSt'iCIATION ~i
OF ST. LUCIE COUNTY, at Ft. P~erce, ftorida, ~he sum of S~1-,t 5~ • ~p with inlerest from date at the rate f b~~% per ennum, In
n wn i hl y in stellments as follows: on tha lOY.Yldny of March , lq and a like sum on iha
corresponding day of each month thereafter until the whole be fully paid. IE<
, Each instaliment first shall be appiied in payment of the interest and then on the unpaid balance of the principal sum. If default is mada in the
payment of any installment when due, and such default co~tinues 30 days, than at the optian of the ho~der, and witFiout any other notite, all the remaining ~
installments shali 6e due and payable at once. Privilege is given to prepay this note in whole or in parl at any time wilhouf penalty. Neither forebearance, ~
nor acceptance by the holder thereof after any defauit in any payments hereon, shail be deemed extension. A late payment charge of S-~2~ shall be 3~
added to each ins.allment remaining unpaid 14 days after its d~e date, and a like sum ~hnll be added to each iuch instaliment remaining unpaid 14 days
aftcr each succeeding payment date. •
Each msker, svrefy and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest for no~paymenf, ~nd further `t
~greet to any extension of time of payment, eilher before or after mat~rity, without not~ce to any of vt; and to pay all costs of tolledion, Includiny ~
reasonable atromey's fee in the evenl of any defau~t hereunder, and htreby severally waives all bene~it of homeiteed and ezemption under the cor~~Htulion
end lawa of each State o; the United State~, as against this obligation or any eztemion or renewal hereof.
!
Witneis tFu hand and :eal of each arl .
P y s rank A. Guerriero s;
s Ph llis (~uerriero ts~?u
s John C. Guerriero a sin ~~~adult~
(SEAI)
Q.`/l 7K .
i- -
(Stamps Lcanceiled on original • note) ~ 27 SOO . 00
NOW, THEREFORE, the MORTGAGOR iw the purpo:s of securing payment of said tum of S + , and the performante of tF»
covenants and agrcements hEreinafter expressed, and for diver• good and vatuebls contideratiane, by theie preientt, doea 9ront, barpein, iall, temiN,
releais, convey and confirm unlo the MORTGAGEE, iti succeswr• and as}ig~~, all that «rtain lot, ptece or parcel of land, ~ituate, lyi~, and baing I~ th~
Carny of -_-~'t~ Y,~1C ~e , and State of Florida, described at follows:
~
Lot 11, Block 2, of C ARLTON' S ADDITION to
Fort Pierce, ~lorida, as per Plat of said ;
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addition on file in Plat Book 1, page 168, ~
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of the Public Records of St. Lucie County, ~
Flarida. ~
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together with all and singu~ar the tenements, hereditamenti and appurtances thereunto belonging or in anywi:e appertaining thereto, and all rentt, tstue~,
proceeds and profits atcr~ing and to accrue from said premises, all of which are inclvded in tha above and foregoing dtstription and habendum. ~
TO HAVE AND TO HOID the above described and gronted premi~es unto the said MORTGAGEE, its successort and assignt forever. And ihe taid
t~'1@ ~Y' ~
MORTGAGOR fw heirs, executors, administ~ators and assig~s, hereby covenanta with Ihe said MORTGAGEE, iti successot: and as~iyr», ~
that ~~y--~Z~awfully seized of the said premi:es in fee simple; that the same are free, clear and discharyed from all llens snd encvrtr
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hrances in law or in eq~ity, and that they wil{ and their heirs sfiall warront and defend the title to the same to tha atd ~
MORTGAGfE, iti successors and asti9ns, forever against the lawful claims and demends of all persorts; I
PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore describtd and fhall truly, ptomplly (
and fully perform, d~scharge, execute, complete, comply with and abtde by each and every the stipulations, ayreements, tortditions +nd covenanb of ~aid i
promissory note and of this Mortgage, then this Mortgage and the Es~ate hereby crented shall cease and be ~ull and void. ~
IT IS UNDERSTOOD ths~ the word "Mortgagor" whether in the sing~lar w plural anywhere in thi• Mortgaye, ahal~ be sinyular if ons only and
thall be plurol jointly and several~y if more than one, and that the word "their" as u~ed anywhere in thit Mortpaye shell be taken to mean "his;' "hen," i
or "its;' wfierever the context so imQlies or admits. Also, that wherever there it a referenu• in the covenanti a~d agreement• herein contained to any of ~
the parliei hereto, the same shall be construed ta mean ai well as the heirs, legal reptesentatives, successors and assigns (either voluntery by act of ih~
i partita or involuntary by operation of the law) of the same and that the covenants herein contained thall bind and the benefib and sdvantages inurs
~ to the respectire heiri, legal representatives, succe}sora and assigns of the parties here~o. 4
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