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Home My WebLink About1239 IV /VV ~V V THIS WDENTURE, M~ds tl~e 1~Lh day of Ma?rch r= ~ A.D. 19 72 ~ between Louis ~tarocchi an~ Lucy Marocchi, his wife of SL . Luc ie County Fiwida, hereina(ta designared ~s~ tM "MORTGAGOR," and FIRST FEDERAI SAVINGS AND IOAN ASSpCIAT10N OF FORT PIERCE, a corpw~tion orysnized and ex~i~ing under the laws di ths United Ststos of Amwica and Mvlnp in principal plac~ of busineu in th~ City of Fat Pi~res, 5~. lvcis County, Fbrida, he~~inaiter d~sipnated st th~ "MORTGAGEE:' WHEREAS tht MORTGAGOR is j~stly indebted to ths MORTGAGEE in the sum of s 7• 2~ • 0O good and lawfv! money of the Un~ted Srates advanced by the MORIGAGEE unto ~he MORTGAGOR, as evidsnced by a certain promiuwy oote of even date herewit}+, of v~h;ch the followin~ in words and figures is a true copy, to-wit: ; 7.200.00 ~ 3-18,066 Fort Pie?ce. Flaid~. ~rch 10~ 1972 fo~ value received, I, we w eithcr of us, p~om~se to pay, without defalcarion, to the orde~ of FIRST FEDERAI SAVINGS AN~ IOAN ASSOCIATION OF FORT PIERCE at Fon P~e~ce, florida, the sum of S 7+200• w~th interest fram date at the rate of 7•7w'e per annum, in monthty i~stalb j ~„en~s as follows: S 60•0O on the 15t day of May , 1972 and a like ~um on the conetpo~d~np day of each rtwoth there- a(~rr until the whole be futty paid. ' s Each installmenr first shall be applied i~ payment of the interest and then on the unpaid balance of the princ~pal sum. If d auh is made in the F ~ ayment of any instaltment when due, and such defauh continues 30 days, then at the optio~ of Ihe holder, and without any other notice, all the remaining ~~~stallmen?s shall be due and payabte at once. Privilege is given to prepay this note in whole w in part ~t ~ny time without penslty. Neither fwebearance, nor acceptance by the hotder thereof tfter any default in any payments hereon, shall be deemed extenaion. A late payment charge of = 3•0O shall be added to ench insta~lment remaining unpaid 7 days after its dve date, and a like sum shall be sdded ta each such installment remaining unpaid 7 days after each sutceeding payment 11ate. Each maker, surey and endwser hereo(, jointiy and severally, wa~ves demand, presentment protest and notice of protest for nonpayment, and funher agrees to any eztension of time of payment, either befo~e or aftn maturity, without not~ce to any of us; and to pay all coats of collection, includ~ng • ~e.~so~able attorney i fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under 1he constitution e,•,d laws of each State of the United States, as against this obligalion or any exfens~on or renewal hereof. Witness the hand and seal of each party. s/ Louis riarocchi ~A~~ (sE/?~) s/ Lucy Marocchi (SEAI) ~?u ( 510• ~0 1 $tate Revenue i5saeq~oa~d s~ aAqtrda+o~ NOVV, THEREFORE, the MORTGAGOR fo? the purpose of securing payment of sa~d sum of s 7 f 20~• and tM pcrfwmance of tht ` co~+enants and ~greements hercinafter expressed, and fw diven good and v~lu~ble considerations, by these presents, does gr~nt, baryain, sell, remise, ~ :elease, convey and confirm urtto the MORTGAGEE, its successors and sui9ns, all that certain lot, piec~ or pucel of land, situate, lying, and beiny in the Counry of St. Lucie ~nd State of Flwida, dcsuibed +s followi: : i ~ Lot 5, Block D~ PIE~SANT VIEk' SUBDIVISIO~, as per plat ~ thereof on file in Plat Book 8, page 53, Public Records of St. Lucie County, Florida,~ ~ i ~ ~ . ; E i ; ~ r W STAT~ ~ F L O F21 D A ; _ ~ . DOCtJi~IENTAo ^ STAMP TA X ; ' ~ O _ MR1372 i~q~ = BECEt1'FD S-~~'S~` !N PAYb".ENT ~f TAXES ! ° ~ I O B O= OUE QN CLASS 'C INT;.!lGIB~E PERSCN~%~L PeTJPER~f, ` N U ~~i.~ = Ft,RSWW1 i0 CtWP'TEli 71-134. ACTS OF 1971. /11~~ : P.B.»s~~: _ - F ipGER POlTRl1~ Clwk Circult Con~t. SL Lucia Co. Fla. i a ~ rogether with all and si~guls~ the tenements, hereditamenb snd appurtantes tMreunto be{onginy M in anywise appeA~ining tlxreto, and ~II re~ri, issues, - z pr«eeds ~nd profirs scauing and to accrue from said premises, sll of whicfi are irxluded in the ~bov~ +nd fwe9oirg desvipYwn and Mbe~dwn. TO FIAVE AND TO HOID the above described and granted premises unto the said MORTCaAGEE, ib successw~ u~d auipns forever. Md tFw said ` h10RTGAGOR fw t he i r ~e~rs, executws, adm~~istruws and assigns, hereby covenants with the said MORTGAGEE, its succeswn ~nd asaiyru, rhaf they are ~~,,,,full seized of the ssid - y p~em~ses in fse simple; tF?at the same are fne, ckar and discharged from •II Ikns and ~ncum~ brancei in Iaw w in equity, and that they w~~~ their he~rs sh~~~ warr~M a~d defend tM title to tM same to tF~e saW ~ .'NORTGAGEE, its successas and auigns, fwever ag+inst the lawful clairta ~nd demands of all p~rsons; ~ PROVIDED, ALwAYS that if ~he MORTGAGOR sMtl pay ~nto the MORTGAGEE the promistory rare hereinbef«e described and shall truly, promptly ~ and fully perform, d~xl+arge, execute, complete, comply with and sbide by e~ch and every the atipul~tions, ~gresmenb, conditions ~nd tovenanb of said _ prom~ssory note and of this Mwtgage, then this 1Nortgage and the Estate hereby ueated shall cease and be null and void. IT IS UNDERSTOOD that the wwd "Mortgayw" whether in the singular or plural anywhete in this Mwtyaye, shsll be sinpulu if one only and t ; shall be plurd 'piMly ~nd severally if more than one, snd that the w«d "their" ~s used ~nywhero in this Mort9sye shall be taken to mean "his;' "hen;' : ~ or ^its;' wherever the context w implies w admits. Also, thst wherever there is a r~fereoce in the covenaMS and ayreemenfs Ixrein eonfained to aay of f " ~he p~.ties Mereto, the same ihsll 6e co~strued to mean as well a: the heirs, lep~l represenbtives, wccessors. and ~uiyns (eithe~ volunury by ~cl of the parti~ or involuntsry by operation of tF+s lew) of tl~e ssme and that the covens~ts Fie~ein contained shall bind and tMe benefiti and adv~ntapes irwr~ ' +o the respeclive heirs, legd representatives, succeuors snd ass'yns of tlw partip hereto. And sa'~d Mortgagor~. fa themxlves and their heirs, tcyal representatives, tucces~ws and auigns, hereby joinNy and wvsrally covsnaot and ayr~e f ro ~nd with the uid MORTGAGEE, in succes~s and auiy~s: ; 1. To pay all and si~pula~ the principal and interest and the vadous ~nd wndry svms of money p+yabk by virtue of isid promiswry note, a~d this ~y - mortg~e, sach ~nd ~very, promptly on the days respcctively th~ same sev~rally bec«rw dw. t ~3 2. To pay all ~nd sinpul~r the t~xes. as~essmenn, levies, li~bilities. obligstions a~d encumbr~nces of every natwe a~d kind now on said d~sc~ibed ~ property, o? that hereaher may be impwed, wffer~d, plxed, levied, w assessed thereon, or tMt Fxreafter may bs kvied or astesaad vpon this Mort¢ +ge, a tM indebfedneu secured her~by, each ~nd every, when dw and payabte, accordiny to law, before they become deli~q~ent, and befor~ any intaest ~ " artaches w any penalty i~ incutred; AND INSOfAR AS ANY THEREOF IS OF RKORO THE SAME SHAII sE PROMPTIY SATISFIED AND DISCHARGED OF ~ RECORO AND THE ORIGINAI OFfK1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RfCE1PT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED g OR CERTIFIEO) SHAII 8E PlACEO IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ar,d in the eveM th~t any ihereof is nw ; pa~d, saf's(icd a~d diuMrged sa:d MORTGAGEE m~y at any t~me pay the same a any pan ~hereof without waiving w~ffectirg any option, lien, equity o~ •~aht under or by vi~tue of this mortyage and the full amount of each and every i~ch payment shsll be immediately due and paysble and shall bear interest } ~ ~.om the date thertof omil psid st rate of nine per esntum per snoum a~d toyether ;rt sv~est sMll u by the lien of th:~ morgtapt. ~ ~ ~ J~, ~ - - - - - - - - ~ ~ - ~ v : 3 ~ : ~r~ i-~. ~ : w T~~ ~ ~~.re ~ . . . : _,~3_ `~-a°