HomeMy WebLinkAbout0417 ' 32~1.~ ~p
?HIS IN~ENYURE IN~~M th~ 24th ~y of 'F~ A.D. 19~ betvw~n
Louis Marocchi. and Lucv Maroc~M ~ h~ s i e w--
~ St . LNC @ Cp~nty Flwid~, Mrlin+ftM d~tignat~d u tM "NWRTGAGOR;' and FiRST IfDERAI SAVINGS ANO IOAM
ASSOCIATION OF FORT PIERCE. ~ cwpanion ayanis~d u~d szistirp w+da th~ lav~n d th~ Uni1~d Su~a of Am~riu aixi h~vtnp ita principst Plaea of
bwMaw In tia qyr of foA Pi~w St. tud~ Couoty, FiOfidir INfliMhM ~QMt~ q:p~ ~?~c,i~GEE." _
VYHEREAS M. MORTGAGOR b justFy ind.W.d to th. AkORTGAGEE fn fh~ a,m of_ i 1"' ~d snd 1•wiv) mo^.y of r~+ Un.ted
Stata ~dva~c~d by tM MORTGAGEE wuo th~ NWRiGA~~t~~~Y~~ ~'~1*~~Y ~e of ~wr~ d~te Inr~with, of w!?ich th~ folkwMq M+
word~ ~nd f+~
a b a' tnn copy. lo-wit: . a.
~ 12 s800.00 ~ ~ " . ~ _ . . 11Q00394
, ~ P,.~,, ~.;d,, Rebrt~ary~Z4 i4 76 -
ior value r~uiwd, i, vw w eitMr of vs, p~omis~ to psy, without d~f~lution, to tM ordei of FIRST fEOERAI SAVINGS AN~ IOAN /I.~SOC1AT10N Of
FpRT PIERCE af Fort Piiro~. Florida, tM wm of i 12 + 8~ wt~ic ~nroin~ from dar• ths ra~e of 9 % pe~ annvm. In monthly inatal4
mM~s ss foliows: ~ 116. on th~ 2Ot of __.A,pY i 1 , 19 76 and a lik~ iw~+ on tFw corrospondinp d+y of ~ach month thKr
afNr unt~i tM wholt be fuily paid.
Esch i~stal4eeet fint shaii b~ applied in psyma+t of ths intcr~st ~nd then on tM unpaid bal+nta of the p?trxipsl svm. If default is mad~ in tM
paYment of ~ny installme~?t when dw. +nd wch .daf~uh cont~nws 30 d+ys. then ~t the option oE ths holder.
~nd without sny wher notits. di th~ r~b~inp -
instal{rrNnb sMll be due and payaok at onu. Privil~ is p+ven to pr~paY this ~oh in wFw1~ or tn pirt at ~ey Y~ms withou~ p~nahy. Neither forobwae~os.,
nor ~oceptsiw by HM holdw thKeof a(N? ~ny default b~ any paymenb Mraon. shall be deemsd extenstw~. A IaM payment cMr~t of ~ 5•8Q ~Mil b~
ocep
added to vach instaliment rsenaintop ur?p~,d 7 dsys .hK m.~. d+a, ,nd a lik~ wm slu:i be addad to escli such iost~ll.reM ~emaininp vnpaid 7 da~ra aftsr
each wccsadi^p P~Ym~^t dat~. _
Eufi maka. wrey ~nd endauK haeof, jantiy and sewnlly, ~virves dema~d, p+esentment protest aod notiu of p:otat fw na+psyma+t, and furtiw ~
~ess ro ~ny extR~siort of tims of psyma+t, either befwe or sha m~turity, without notiu to sny of w; :nd to p~y ~II cosri of collectia+, includinp ~
reasonabb attoraey's fae in tM event of arnr d~fault hereunder, and M~~by seva~liy w~ives all benefit of homastead u~d examption und~? th~ cons6Mion
~nd I~ws of each State of 1M Unitsd States. as s~airot this oblipalion a any, exte~uion or ra+ewai her~of. .
~t~ tht h~e~d and s~al of each party. " -
. S/ i.ouis Marocchi ~
- cs~w
~ Lucy. Marocchi ~
• - tSEiW `
~ $19 . 20 ) StaM RwMw ~
NOW, THEREFORE, the INORTGAGOR fw t!w pvrpok of wcwing p+ymeM of said swn of = 12~~•~ , and the p~rfwmanw of t?~
covsn+nli aad ~pnernMta hs~e'mafta txpressed. and for divers ~ood snd v~lwbb considerations, by thes~ presenfs, does prant. !»ryain, sell,
rek+s~. oonwY a~~.f L11C1eM MORTGAGEE. ib sua~ssors and auipru. all that oeruin b1. Pieos ot P+ra~ of ~aed, sitwt~. ~Yi^p, and Mitg in th~ `
Coun~y of and Stst~ of florida, d~wibed as fdlowa:
Lot 6, Block 1, 90UTHSRN VIEW SUBDIVISION, as-per Plat thereof on file in
Plat Book 9, Pag~ 45, according to the public records of St. Lucie County,
Florida. . ~ . ~w~~seRS . ~ yaa _ "~~10b ~DU ~
U~E ONLY • /
By agreement of Mortgagor and Mortgagee on file with the Mortgagee, the
v?ithin awrtgage secures not only an existing indebtedness, but also ADVANCSS
to be HHRfiAFTBR made by Mortgagee to iKortgagor, the aggregate of which will
equal the principal asount specified in the~promissQry note secured hereby.
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topeth~r with ~11 ~nd s&~guls? tFw teneenann, hsredit~mems and ~ppwtances Nwwnfo b~brgirg a in anywis~ appart~ini~g thsr~to, a+d aN raNf bsw~,
proc~eds and profits aocwirg and to ~arve from said premises. all of whicfi an inchded in ths abow ud for~poinp d~scription ~nd h~b«dun~.
TO W?VE ~he1Hiw ~bo+re desuibed snd ~ranted premises unto the wid MORTGAGEE, its wooessors and +ssipns fottw?. M+d th~ said
MORTGA fw hein. ~xecuson, administratws snd ~ssipm, hereby ooven~nn with the said MORTGAGEE, fts woassars and aaiprK,
-t~iev are
rh~t Iswfully seized of th~ said pr~maes k? fe~ simple; th~t th~ a+r+e u~ fiM, cf~ar and d~hsrped froe~ all lia~t ~nd ~ncunf
brances in law w ie puity, and tMt they will and their heirs shsll wKrsnt and defend tlw titi~ w the saen~ to tl» s~W
MORTGAGEE, in wczessoro and usiQm, forew~ apixat tM lawful claims and demands of di psnaas ~
~ PROVIDED. ALWAYS that if the MORTGAGOR shatl psy ~nro tM MORTGAGEE ths prom+s~ay ra» hsre&~befon desvibed and shdi tnrly. pranptly ~
and f~lly perform, disdurqe, exac~te. zompbte, comply with anu abid~ by e+ch and wery tM stipubtions,; apr~rNnb, conditioro snd wwi~x?b of ssid ~
promasory oote and of this Mortga~e. t}~e!+ this Matpa~e and the Est~t~ herebp ueatsd shall pa~ ~nd bs null and void.
IT IS U:VDERSTOOC that tht word "Mwtysyor" whethe~ M the sinp~lu a pl~rral anywher~ in this Mwtgsye shsll be sfn4ula~ if o~e only ~nd
aMll be plurat ioinfly w+d averdy if morr th~n ons, sed thst th~ word "their" ~ used anywlwn ~ tha Mortpspe sh+~l b~ takeo to m~sn "hb," "h~n," ~
or 'in," whawer tM coMe:~ w impl»s or admin. Alw, thst wherevsr there is ~ ref~rMCe tn rh. covenaon and .preemenn here+n ooma~n.d io any of
the patias haeto, th~ sarr.a shail be wrunved to me~n as well a fM h~ks, kyal representatives, wcuuas and as~gm (eitl+er volvntuy by W of tM ~
wrtiea w i.rvolw?tary by ope?ation of th~ law) of the sam~ and thst fM coven~nn hvein contained ihs01 bir?d and tM benefits and dvemapu inw~
to tM raspectiw hein. Myal rsprssentatiws, svocesso~s end ass~ns of tha parties hereto. 4~
Md ~aid IU~ortya~ors, for tMermtlves snd their hein, lepsl r~present~tiv~, succaaors ~nd assipro, hueby jandy ared wver~lly cov~nt and pr~e y'~
ro.~a with ei» said MORTGAGEE,-in ~+,eusso~s snd +ssi~ns: ~ ¢w
1. To pay di ~nd ai+iqvlar tlw princip~l and lnterest and ~M wrian and s~ndry awm of moeey payabl~ by vktu~, of said promissuy not~, and thh ~
morfpsQ~. ~ade and twry. PromPtly on the d~ys rtspectively tM s~erN ~wtrsNy bscane dw.
Z. To p~y a~l ~nd sinpvla th~ taxes. ~swssmen~s, kvies, liabilitia, obliyatian and ~ncumbr~nce~ of evsry n~tur~ and kind now on said ds~aib~d
P~opKry, w th~t Mreafhr may b~ impos~d, sufferd. Pbced. Isvied, a aswssd the?~, or ti~st h~r~~fta may b~ kvied a cassssed upon this Morq~
pt. a tM ir~bt~dntss wcurd hsr~by, each ud ~v~ry, when due and p~yablt, acaordirg w t~w, b~fan they bacan~ de:inqwnt. ~nd befon any kil~trq
~ttaches or any penalry is irxwred; AND INSOFAR AS ANIf TNEREOF IS OF RKORD THE SAME SH/?Ll BE PROMPiIY SATlSf1E0 AM~ DISCHARGEQ OF
RKORO ANO THE ORIGINAI OfFIC1AL DOtl1AAENT (Sl1CH AS, POR INSTANCE, THE 7AX RECEIPT OR THE SATISfACTION PAPER OffIC1ALLY ENOOR.SED
OR CER:IFIED) SHALL !f PtACED IN THE HAN65 Of SAI~ AoORTGAGEE WI7HIN TEN DAY3 NEXT AFTER PAYN1E81T; snd in the tvem that any tFwwf is rar
paed, aaYsfied snd dischar9ed iaEd MORTGAGEE may st any tinx p+y tM same w any pan th:reof withoin w~ivirg w affecri~p any optian, lie~. ~quity or
~iqht under ot by vinue of tF?is monyaye and the full ~mouot of esck and every such payment sMll be immediately due and psyable and shall bw ima~st
~ ~rom the d~te thereoi un+il paid at ratE af ni~e per centvm ~~nnum and to~ethe~ w~th iuch ipt~rest ihall be secured, by N~e lien of th:s mw9ta~t.
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