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Home My WebLink About0902 ' : ~ " "~39964 . . , ; ~ THIS INOENTURE, Nl~de the ~2th day of (~ctober A.D. 19 72 between Paul P. 1.iCausi and Janet L. I.iCausi, his wife of - St . ~?L1C le „ County Florid~, hereinafta desgnated as the "MORTGAGOR," and FIRST FEOERAI SIIVINGS AND tOAN ASSOCIATION OF FORT PIfRCE, a corporatio~ wga~ized and existing under lhe laws nf the United St~tos of America ~nd having itf principal pl~ce of businets in th~ City of Fort Pierce, St. lucie County, Flwida, hereinafter designsted as tM "MORTGAGEE." WHEREAS 1he MORTGAGOR is justly indebted to ths MQRTGAGEE in the sum of S 22 , good and lawfu( money of the Un~ted S+ates advanced by the MCRTGAGEE unto the MORiGAGOR, as evidenced by a certain promiuwy note of even date herewith, of which the following in words and (igures is a I~ue copy,,to-wit: = 22 , 000 .00 ~ 10018921 Fort Pierce. Flwida, ~ctober 12, 19 72 Fw value received, t, we w either of us, prom~x to pay, withS~ut defalcation, to the order of FiR51 fEDERAi SAVttVGS AfVD IOAN AS50CIATlON OF FORT PIERCE af Fwt Pierce, Florida, the sum of S 22 with interesf from date at fhe rate of 7• 5°,~ per annum, in monthly instaN- rnents as fol(ows: s 163.~0 ~ 1St day of ~ee~nber ~q 72 and a like sum on the cwrespond~~g day of each month the~e- after until the whote be fully paid. • Eath installment first shall be applied in payment of the interest and then on the unpaid balance of the prinupal sum. If d ault is made in the ~ Y~ ~:ayinent of any installment when due, and such defauh cominues 30 days, then af the option of the holder, and w;tbout any other notice, all the remaining ~ ir~stallments shall be due and payable at once. Privilege is given to prepay this note in whote or In part at a~y time without penalty, Neither forebeara~ce, " nor acceptance by the holder thereof after a~y default in any payments hereon, shall be deemed eztension. A late payment charge of S$`25 shsll be ` addad to each instatlment remaining unpaid 7 days after ifs due date, and a f;ke sum shall be added to each svch insrallment remain;ng unpaid 7 days after L each succeeding payment date. Eath maker, surety and endorser hereof, joinNy a~d severally, waives demand, presentment protest and notice of protest for nonpaymeN, end further agreef to any extension of time of payme~t, either before or after maturity, without notice to any of us; and to pay all costs of collection, includin~ a a reasonable attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption under tFx tonstitution and laws of each State of the United States, as against this obligateo~ or any catens~on or renewal hereof. Witness the hand and seal of each party, ~ S/Paul P. LiCausi ~AU S/Janet L. LiCausi ~AU . , (SEAI) K~ ~ $ 33 .00 ~ State Revenue - ~ IVOW, THEREfORE, the MORiGAGOR for the purpose of securir~g payment of ssid sum of j 22 and tha pe~formance of the cevenants and agreements hereinafter expressed, and for d~vert good and valuable considerations, by these presents, does grant, bargain, sell, remise, release, convey snd confirm unto the MORTGAGEE, its succe:sors and assi9ns, all that certain lot, piece or parcel of lar+d, situate, lying, and being (n the Counry of St. LUCZQ and Srate of Fbrida, deur~bed u foIlows: I.ot 9, Block 2, GRANDVIEW GARDENS, as ~er plat thereof on f ile in Plat Book 16, Page 16, recotded in the public records of St. Lucie County, Florida.? _ ~~p A1 LC3 Q ~ r.?~ 1 ~ ' ~ ~AR~ ' ~~5~ ~ M _ . 3 0 p~, Do ~F c~EN~~ 3. ~''s, ~ D~P ~ .j ~ i 1 i~~,.~ o _ ~ is~ G N r r .~cp O ~ ~ OZ ~C. ~ p ~A~D . ~ ~A ~ITIiENf OF T1U(ET b1JE dl CLASS b" 11{TM81olF PER~III PtiOPER~~~ PURSIIANT TO t~IArTER ~1-13t. ACTS Of 191L ~ aocER Porr~s ~ c~uc ci~aur coe~r, s~. ux~ oo, tu w~+i~ all and sinavlar the tenemeMS, he?editsmcnts and appurtsnces thereunto belonging w in snywise appertaining thereto, and all reMS, iisues, p~oceeds ~nd profits accruing and to scuue from said premixs, all of which sre included in the ebove and fweyanQ dascription and haben~w». TO HAVE AND TO HOIQ the above described end yranted premises unto the said MORTGAGFE, its sucteswrs and suigns faever. Md tM saW their MORTGAGOR for heirs, e:etutors, adminisaators and assigns, hereby covensnts with ihe said MORTGAGEE, iri successws ~nd ~uiprts, the~r are_ ~har - IawfuUy se;:ed of the said premises i~ fee simple; that the same are free, clear and discF?~rged from •!I liens ~nd ~ncvrM brances in Isw or in equity, and that they W~~~ a~ their heirs shall wsrrant and defend the title to the same to the uid MORTGAGEE, its sucteswrs and auigns, forever sgainst the lawful claims and demsnds of all persorts; PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory nofe herei~beiwe detcribed and shaH fruly, promptly and fully perio.m, dlxharge, execute, complere, comply with snd abide by each and every the stipulsfions, ~greements, conditions and covensnts of said promisswy note and of this Mortgage, then this Mortgsge and the Estate hereby veated ihall cesze and be null and void. IT IS UNDERSTOOD that the wwd "Mortgsgor" whether in the si~gular ot plural anywhere in this AAwtg~ge, ~hatl be tinyular if one only and shalt be pturel jointly and teverally if more tMn one, and that fbe wwd "their" ~s used anywhere in this Monyage slull be taken to mesn "his;' "hen;' or "its;' wherever the conteat w implies w admits. Alw, that wherever there is a reference in ths covenants end agreements he~ein contained to any of j the parties hereto, the iame sha(I be constr~ed to mea~ at well as the heirs, tegal rtpresentetiver, successo~s and sui9ru (eitht~ voluntsry by act of th~ parties or involuntary by operation of the lew) of the same and that the covenants herein cont~ined shsll bind ~nd the benefits and advantaqes invrs ro the respective heirs, legsl represematives, successors and a:s'gns of the parties hereto. And said Mortgagors, fa themselvea and their Fxirs, legal represe~tatives, successors and aisigns, hereby jointiy and severslly cove~ant a~d apree I to and with fhe said MORiGAGEE, its successors ~nd assigns: ' 1. To pay ~II and singular the principal and interest and the various and sundry iums of money psyable by virtue of said promissory note, snd thit ~ mortgs9e, esch and eve?y, promptly on the days respectively the same severally become due. ' ; 2. To pay sll and singular the ?axes, ~ssessments, leviei, IiabiGties, obligatia~s and enc~mbrances of every n~fure ~nd kind now o~ said dewibed ! proper?y, w that he~eafter may be impoted, suffered, plated, levied, o? sssessed thereon, p tMt here~fte~ msy be levied o? ~ssetsed upon tbis Mort¢ ' ; sge, a the indebtedneu Kcured hereby, e~ch and every, whe~ due and payable, accordinp to law, before they become delinq~nt, and befwe any int~rest j anaches or any penslry is incurred; AND INSOFAR AS ANY TNEBfOF IS OF RKORO THE SAMF SHAII BE PROMPTLY SATISf1ED ANO DISCHARGED OF I RECORD AND THE ORIGINAI OFFICIAI pOCUMENT (SUCH AS, FOR INSTANCE, iHE TAX RECEIPT OR THE SATISFACTION PAPER OFfICIAIIY ENDORSED OR CERTIFIED) SHAII BE PIACED IN THE HANDS OP SAID MORTGAGEE WITH(N TEN OAYS NfXi AfTER PAYMfNT; snd in the event thaf any fhereof is not paid, saYsfied snd discharged sa:d MORTGAGEE may at any time pay the same or any psrt Ihereof without wsivi~g w aifecting any optior?, lien, equi or ; H ~ •iqht ~nder o~ by virtue of this mortgage and the tutl amount of eath and every svch payment shall be immediately due and psysble and shall bear iMerest ~rom the dete thereof until paid at ~are of nine per centvm per annvm and together w'~th suci? interest s~1Lbe r by the lien of th:s morytaye. ? 81uiK i~f