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Home My WebLink About2637 . . 30~455 G ~ . . . -t THIS IN~ENTURE. Mad~ Ihe. 26th d+y ot Rebruary ao. ts berW..o Ra.ymond PatYick La Rocca and Carol M. La Rocca, his wife ~ of St. L~1C~B Couny Flwid+, hereinaiter desig~ated a~ the "MORTGAGOR," and fIRST FEDERII, SAViNGS Ah0 LOAN ! ASSOCIATION OF FORi PIERCQ a twpor~t~on ory~n~zcd and exitting uoda~ ~hs laws of Iha United Stat~i of Amtrica and Mviny its principal pl~u of ~ bus~neu in tM City of fw1 PiHCe. St. lucie Counfy, Fiwida, hersinaitet deugnated a~ ihe "MORfGAGEE:' ? WHEREAS the MORTGAGOR it jusdy indebted to tM MORiGAGEE of ~ 36 t 900• ~ood and Iswful moneY of ~he Un~ted ~rares advsnced by the h10RTGAGEE unto the MORivAGOR, as evidenced by • cerl~in promissory note ol even date herewith, of wh~ch the (oilowin~ in v.c~d~ and figures is a trua ccpy, towit: j 36,900.00 ~r ~ ,,~ioo2iaoi , fort Pierce, flo+ida, RebruaYy 26 _~q75 For value received, 1, we w either oi us, promise to pay, withouf defal:alion, to the o~der of fIRST FEDERAI S4VINGS Ah0 LOAN ASSOCIATION OF ~;?2T PIERCE at Fort Pierce, Flurida, the s~m of f_~~s.~i~ wnh ~~ztcrest frem Jate at the rate of _9!~"o pe~ annum, in monthly install- .~+s as fo~:o~vs: S 310• on ?he ?Oth day of A~=il _y 1975 and a like avm on the cwrespond~ng day of each month therr vntit the whoie be (ully pa~d. Each instaffrnent first shail be appl~ed in payment of Ihe inrerest and t}irn cn the u~pa:d balance of the princ~psl s~m. If default is mads in the ,,~nrnt oi any instal;ment h,hen due, and su.h defauit ton~~nues 30 days, then at the oN~ion of the holder, and without any other ootice, all the remaining ~,stal!meNS shall be due ar.d payable at once. Pr~viiege is given to prcpay this oote in wiwle or in part at any 6me without penalty. Neithsr fotebearance, ~ ~.o. acceptance by the holder thereof aitrr any default in any payments hercon, shall be deemcd exte~sion. A Iate payment charge of j_l s' S~ thall be . 1:I~d to each installmero remauu„g ~npa~d 7 days afler ~is due date, and • hke sum shall be added fo each such installment remaining unpaid 7 d~ys afte? ~ sch succeed~ng payment date. Each make~, surety and endorser hereof, joinNy and severally, w~~ves demand, ~uesrntment protest and nolice of prmesl for no~payment, and further .+.~~ezs to any exiens;on of t~me of payment, ~-nhrr be~ore or after maturity, withou~ not~ce to any of us; a~d to pay all costs of collection, includiny a ~~onable atrorney's fee in the event of any defauSt hereundrr, and hcreby ~everatly waives all benefit of homestead and exemption under the caufitutan :i :a.vs of each State of the United Srares, as aga~nst this obi~galion w any extension or renewal hereof. YNitness ~he hand and seal of each party. s/Rayaond Patr ick La Rocca ~U (s~u) s/Carol M. La Rocca ~i~ $55.35 « ) State Revenue S+e++~ps~e~n~elk~ eiretiglnsl ~d) NOtV, THEREfORE, the MORTGAGOR for •he purpose of sec~ring payment of sa~d sum of = 36 ~ 9~ ~ 0~ and the perfwmance of the .c:enaros and agreements hereinafter expressed, and `or divers good and valuable considerations, by these presents, does grant, bargain, sell, remise, = ~se, convey and conf;rm unto the MORiGAGEE, its succeswrs and assigns, a!I that certain lot, pioce w partel of land, situate, lyirg, and beinp in the CouMy of St. 1'uCle and State of Florlda, deaa~bed as follows: i.ot 29, SHERWOOD ACRBS, UYIT ONB, as per plat thereof of f ile in Plat Book 14, Page 43, of the Publ"ic Records of St. Lucie County, Rlorida~ i l\d ~ ~ ~ } € ~~D~M 3~ ` o of t~`' ; ~ ~ 4~ ~•s G,~J• ~ g ~tMF~„ ``^EF•+' , ~ r`~GN~NUE~f~~ -•~~r / / ~,Q~LSJ~ ; ~ ~~G~~ ~ •St~~ ~~pNG11 c S ~i ~ F~` r ~ ~ ~ ~ U ~ ~,0 4~..; ~ ~ . ~i ~ . : ;~.vt~ ~ i~ RE d~ °r ~ : ,t~ : dJF-~ t 10 ..~~t. i ~ oy-~ .S~ i QB., ~ G~'•' : ~ ~ ~g~, ~~FC~~ v` i ~ n c~- ~ ~ - -aerher with al( and singular the tenemmts, hereditamenti ~nd sppurtances thereunto belonging or in anywise appert~i~ing ti~aeto, and sll renfs, iuues, .~cceeda and profits accruing and to accrue from said premises, all of which are included in the above snd foreyoing destription and Fwbendum. ~ TO HAVE AND TO HQID the above desc.ibed and granted~ premfxs unto the said MORTGAGEE, its svcceuws aod sssigiu fweve~. And 11M safd their ~ ~RTGAGOR fw heirs, eaecutws, adminisrrators and assigns, hereby covenants with the ssid lIhURTGAGEE, ib sutcesw?s and assipro, ~ .,T, they_ aY@ _ ~awfully uized of the sa7d prem~se~ in fee simple; that the same are frae, cker and d'achuged from all liens ~nd N+cum- y ..-~n:e~ in law or in equity, and that_ thev w~ll and _.~~1Q11_ heirs shall warrant snd defend the title to the sams to the tald t - ~RTGAGfE, its successors and assigns, forever against the fawful clsims and demands of all ptrsom; ~ PROVIDED, ALWAYS that if the MORiGAGOR shall psy u~to the MORiGAGEE 1he promissory note hereinbefore described snd sh~ll tr~ly, promptly 1 x :•.;l 4uily perform, d~xharge, execute, complete, compty w~th and ab~de by each and every tF~e stipul~tions, agreemenri, COnditiOM ~r~ COVl~Nntf Of Nid i ; -~~,~aswy note and oi this Mortgage, then ~his Mortgage and the Estate hereby ue~ted sF~all u+s~ eed be null ~nd wid. ~ ~ IT IS UNDERSTOOD that the word "Mort or" whether in the si ular or lural sn here in this Mort e thall be si ulu if one on and ~ ~ ~ s~ P rW 9~ . ~ h ~ shei; be plural jointly ar,d severaily i( more than one, and that the wwd 'their" as used snywhere in this Mortysge ihsll be t~ken to meu+ "his;' "hers," ~ i ~ ' i~s," wherever the conte:t so implies or admits. Also, that whereie~ there is a reference in the tovensnb and agreements herein cont~ined to any of ~ ~ ~~e parties hereto, the same shall be construed to mean ss well s~ the heirs, Iegal represent~tives, successw~ and auigru (eithe~ volunary by ~tl of 1M ~ ~ can~ei or invotuntary by operation of the law) of the same and that the covenants herein coM+ined sFwll bind and tFK benefits snd advantages inun ~ _ rhe respective heirs, legal represeMatives, successors and ass'gns of the partiq F~ereto. ~ ~ ~ And said Mortgagors, for themselves and their heirs, legal representatives, succeuus and suigra, hereby joinHy ~nd ~everally covenant and aprse ~ !o ar.d with the said MORTGAGEE, its svccessors and assigns: ~ ~ ~ 1. To pay all snd singv~ar the p~incipal and interest and the varian md sundry sums of money payable by virtut of said promissory note, +nd fhis ~ ~ ~no:tgage, esch and every, promptly on the deyi respectively the same severally become dve. ~ 2. To pay sll snd singvla? the tsxes, assessments, levies, li~bilities, oblgations aod erxumbnnces of every nature ~nd kind now on s~id describad ~o ~ prooerty, a th~t hereafter may be imposed, suffered, plxed, levied, or aueued thereon, a that here~ftN may b~ levied w ~uesstd ~pon this MortQ- o age, or the indeb~edness secured F~ereby, exh and every, when due ~nd payabk, accwdirg to law, befort they becorm delinquent, ~nd befw~ ~ny inttrtat ~a° ~~eches or eny penaHy is incurred; AND INSOfAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROAIWTLY SATISf1ED AND DISCHARGE~ Of ?iCORD AND THE ORIGINAI OfFICIAt OOCUMENT (SUGN AS, FOR INSiANGE, THE TAX RKEIPT OR THE SATISFACTION PMER OfFIC1AtlY ENOORSED z~ CERTIfIE~) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AF1ER PAYMENI; and in the eveM that eny the~eof is not ~ ~ r.d, sat sfied and dixharged sa:d MORTGAGEE may at any hme pay the same or any pan thereof witlwot waiving p alfedinp sny op~ion, litn, equiry p i •~ahr vnder or by virtue of this mortgage and the full amovnt of each snd every such payment shall be immediately dve and psyable and shall bear interest ~ ~ ~.cm ~~P .fr~e - ~cs . r ~ na d a• ~ate oI m~e per centum per annum and ~oge~her w~th suth interest shall be secured by the lien of th s morg~age. ~ - ~,.r .__-c _ . . . _ - . - r~.