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Home My WebLink About0437 ~.~i~v THIS INOENTURE, Made the 215t d~y of _ D@C@mb@Y - A.D. 19~~ between Michael A. Crocco and Rrances M Crocco, his wife r'" C~ of St. Lucie Counfy Flw~ds, here~naf~er dcsy~~ared as ~he "MORTGAGOR," and FIRST FEOERAL SAVINGS AND IOAN •ASSOCIATION OF FORT PIERCE, a corpaalion or9anized ano existiny under Ihe taws oi the Un~ted St~~~t oi Americ~ a~d havinp iri principal pl~ce of buunsu i~ the Ciy of fwf Piac~, Sf. lutie Cou~fy, Fforida, hereinaita~ desiynated as 1M "MORTGAGEE:' WHEREAS 1M MORTGAGOR is justly indebted to the MORTGAGEE in the sum of S 40 (~0.00 good and Iswful money of the Un;led S~ates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain prom~uory note of even date herewitF~, of wh~ch the ioilowiny in words and figu~es is a true copy, to-wit: = 4Q,~000.00 r,i, 10020584_ ' Fort Pierce. flaida, DeCp her 21 -19~_ fo? value received, 1, we w either ot us, p~omisa to pay, without defalcaiion, to the ordrr of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fwt Pierce, Florida, 1he sum of S~a~~•~~ with interest irom date at the rate ofQa.25.% pe~ a~num, in monfhly install- ~nents as follows: S 343.~0 20th day of Februar r~ 19 74 and a like sum on the correspond~ng day of each month therr ~ , after until 1he whole be fully paid. ' Each instalimenl firat shall be app~ied in payment of the inte~esl and then on the unpaEd balance of the Qrinc~pa! sum_ !f deia~lt is made in the payment of any in~tallment when dve, and such default co~tinues 30 days, the~ at the optio~ of the holde~, and without any o~}a~ rwtice, all the ~e~naining ;~isralime~ts shall be due and payable at once. Privilege is given to prepay this nofe in whole or in part af any time without p.-natty. Neither to~ekwsrar.ce, nor acceptance by the holder thereoi after any default in any payments hereon, shall be deemed extension. A late payment sharge o~S-IZ.~ shat! k~ added to each instaflme~t remaining unpaid 7 days after its due date, a~d a tike sum shalt be added to ea-ti zuch installmen~ temaini~g unpaid ' days o:ter each succeeding payment date. ti Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protesf and notice of pro~-st fw naYr'sym.nt, and funixr agreea to any eatensio~ of fime of payment, either before or after maturity, without notice to any of us; and to pay atl costs of coraction, includ:ng a reasonab~e attorney"s fee in the event of any detauit hereunder, snd hereby severa~~y waives all beneffit of homestcad and exemption ~ndtr the co~stitutun a;~d laws of each State of the United States, as against this obligation or any extension or renewal hereof. Witness the hand and seal of each party. . s/ Michael A. Crocco csEAy ts~?u ~ (SEAI) r s/ Frances M. Crocco ~i~ ~ ~ $ 60.00 1 Stste Revenue ± "'A~i1~FA1R~lhh~ ~ ~i) ~iif~= ' ; NOW, THEREFORE, the MORTGAGOR for the purpose of securing psyment of uid sum of S ' and the pe~formance of the covenants and agreements hereinaftet expressed, and fw dive?s good and valuab!e considerations, by these presents, does grant, baigain, sell, remise, ~ reiease, convey and confirm unto the MORTGAGEE, its succeuors and auigns, ell that certai~ lot, piece or parcel of land, situate, lying, and being in ths ~ County of St 1 n- i - end State of Fbrida, desaibed as follows: Y ~ . ~ The West 288 feet of the North 263 feet of the South 353 feet of ~ the E'~ of 9W'4 of NE~ of Section 14, Tawnship 35 South, Range 39 ~ East ; said land lying and heing in St. Lucie County, Florida, ~ i ; ` ~ . ~ St~£a s ~-~-ATE ~F a~ QA,~~,~ P~g~~c. s ~CUMFhTARir~~:- ~-~~./~?1~.u ~ QO ~P~pso~' ~vl~• ~ zr ~ DFf+T. UF REYEIV'tiE S Tl~ M P T l~ O~,~p~y6~W~~ ~ts ~ ~ ~w`+ `v = = bEC?1•~ ~~''z~` ~ ~ a~l.~ SE4 ~ ~~itlS fV~ ~ o = 1 ~S2 ~ 3 '4'~~.~..'• ~ O O O ~ ~ o ~~'ER j S~ • ~ ~ P~~ C,~j ~j ~ & ~ ~ ~ ~ ; ~ ~ together with aH and singvlar the tenements, hereditsments snd appurtances thercu~to belonging or in ~nywise appertaining thereto, and all reMS, iuues, ~ proceeds and profits acuuing and ro accrue from said premises, all of wK~d+ are i~cl~ded in tFx above and foregoirg dewiption and hsbendum. ~ IO HAVE ANO TO HOID the above described and grsnted p?emises unto the said MORTGAGEE, ib successors and suigns fwever. And ths said ~ ~ ~4tORTGAGOR for hehs, executors_ sdministrators and assigns, her~by covenanb with the said MORTGAGEE, its succetson a usipns, rhat --~-K aL~-- lawfully seized of the said premises in fee simpie; that the same are free, clear snd dixharged from sll liens and erxvm- ~ brances in law w in equity, and that thev w;11 and - theiZ heirs shaN warrant and defend tF~e title to the ssme to the ssid ~ MORTGAGEE, its succeuors and assigns, iwever against the lawful claims and demands of all persons; >s PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuory note hereinbefore described and shatl truly, prompt y - and fully perfwm, d~uharge, execute, compkte, comply with and ab~de by each and every the ttipulations, agreements, conditions and covenants of said <<i prom~ssory note and of this Mortgage, then this Mutgage and the Estate hereby created shall cesse ard be oull and void. = IT IS UNDERSTOOD that the word "Mort9agw' whether in the s7ng~lar or plural snywhere in this Mortgage, shall be singular if one only and shall be plural joimly and severally if more th~n one, snd that the word °the~r" as used anywhere in fhis Ahatgs9e shall be taken to mean "his;' "hen," or "its;' wherever the contezt so implies w admits. Also, tF.st wherever there is s reference in the covenants and agreements herein contained to any of the parties hereto, the same shall be construed to mean as well ss the heirs, legal representatives, succeuon and assigns (eitha voluntary by ad of the parties w involuntary by operatio~ of the law) of the same and that the covenants Ixrein contsined shsll bind and the benefits and advsntsges i~ure f'~ to the respeclive he:?s, legal representatives, iucceuors and asrgns of the parties hereto. And taid Mortgago?s, for themselves and their heirs, legal representatives, s~cce:sws and suigns, hereby jointly and severslly covenant and agree to and with the said MORTGAGEE, its successws and ass~gns: y`s 1. To pay ~II and singular the printipal and interest snd the various and sundry wms of money payable by virtue of said promissory note, snd this mortgage, esch and every, promptly on the dsys respectively the same severally become due. = 2. To pay all and ~i~g~far the taxes, sssessments, levies, liabilities, obi~gations and encumbrances of every nature and kind now on said described property, w that heresftei may be imposed, suffered, plated, levied, or sssessed thereon, or that hereafter may be levied or uussed upon this Nbrt9- _ age, w the indebtedness secured hereby, exh and every, when d~e a~d payable, accordir+g to Isw, befae they become dslinqueM, ~nd before any interest - t~ attaches o~ any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAtI 8E PROMPTLY SAT~SfIEO AND DiSCHARGED Of ' RECORD AND THE ORIGEhAt OfFIC1Al DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED OR CERTIFIED) SHAII BE PlACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NfXT AF1ER PAYMENT; and in the event that any thereof is not 's~ paid, sat'sfied and discharged sa:d htORTGAGEE may at any t~me pay the same or sny part thereof without waiving w sffecting any option, lien, equity or •~aht under or by virtue of thSs mortgage and the full amount of each and every a~ch payment shall be immediately due and payable and shall bear inte~est ~rom the date thereof unti~ paid at rate of nine per centum per annum and togethe~:wNZ ~~rest shall ~p)lwed by the lien of th:s rtwrgt~ye. V ~.1 1 C ~ ~ ~ m. ~ . ~ _ ' , . . . - ~ - ' ~'l 5'` , . . . . . _ _ ~ ,y - "~J i 1 ~ ~.t?'~~ ..s.,v_ . . ._~v.,v..i .r~. .