HomeMy WebLinkAbout1485 - : ~ ' ~ ~ . 152481
THIS IPWENTURE, kl~ ~ ?na day pf Fehr~iarv - a.~. 19 bNwMn
I. Corbitt,~-s14~ known as T~. Corhett, ~nc~ Rnnie Relle Cor~i~ tt. also
kr_own as _Annie Relle (:orbe~t his wi~'e
of S t~ L~~ C 3 9 Cpyn~y ~~{tK d~si~?~hd a~ tM "MORTGAGOR,° ~nd FIRST FE~ERAI SAVINGS ANO IOAN
J?SSOCIATION OF fORT ~tERCE, a oorpaation oryani~d ~nd exiqinp wdK tM 1~ of tM Un~ted St~t~s of Arrnriu a+d havinp Ns prirKlP+~ P~~a oi
buun~u N tM CNy of foA PiKa~. S~. lud~ Cow+ty. Fbrid+. hu~in~hM daipnaNd a tM "MORIGAGEE."
WHEREAS tlw MORTGJIGOR ia ~uttlp Ndebbd to th~ MORTGAGEE in th~ sum of i~-T~~ ~ nn ~oOd +nd lawful mo~y of tM lMi»d
St~res advanad by tM MORTGAGEE unto tM MORTGAGOR, as ~videnced by a ysn+~~ Promiual? note of ewo daro her~with, of which tM fdlowirq 1~
wwdf ind fipVrq i~ a t~W OOpy. 10-wit= ' o
IJ~._. ~ 4Ei
~ ~00.00
~ Fo.~ vs.tc.. H«id.. FebruB Z~?_~ ~9~i~
for valw noNwd, 1. v+~ w ~i~Mr of ut pr«oiM w WY, wi~t d~f~kation, w th~ uder of FIRST fEOERAt SAVINGS Ah0 LOAN ASSOCIATION OF
FORT PIERCE af FoH Pierp, Florida~, 1M sum of 00~ with inte.rest from dat~ at th~ raN of pK ~M?~4 ie nw^tMY itnql4
ments a follows: ~~0•00 oe tM.~.~ d+Y of Mar~h 19SL~ u~d a liks twn on th~ eanspa~dinp d~y oi Neh ma?th tMn-
,t,er unril th. whol~ be fuly paid.
E~ch iroulirnent fint shall b~ spplied in p~yment of tM interest ~nd then on the unp+id bal~nce of tM princtpsl sum. If defwh it m~de tn th~
payment of ~ny inst~llm~nt wMn dw. ~nd s~xh defsuh conrinws 30 dsys, then ~t tF» optan of the holder. and without ~ny oths~ i+otice. all tM rem+ininp
~nsrallmsnri shall be dw and p~y+bl~ ~t onn. Privilp~ a 9ivee to prsp+Y tha not~ in whol~ or io part at ~ny tims without pe~+lty. N~eith'a fo~rn~bwru?o~.
ror acc~pt~na by tM I+oidw tMr~of ahN any d~fsult in ~nY paymenb hereon, sh~ll b~ deemed extcnsion. A la~e payment ch+ry~ of i~ ~h+ll b~
edded to sach inqallmH?t r~naininp w+paid 7 days ~fter iri dw d+t~. ~nd a lik~~wm :hall be added to esch wch imtaltmant rem~inirp w~p+id 7 days afhr
ee:h st?cqedinp piym~nf d~M.
Each m+k~?, wrety and endwwr Iwreof, jointly and severally, wsives dem+nd, p~esentment protest u+d notJcs of protett for ~anpsymsnt, and furthN '
agrees to u~y ~xt~n~ion of twne of payment, either bafwe w after maturity, without ratica to any of us; +nd to pay all cwri of collactbn, includirg •
reasonabk sttoraey i fN in the ~vent of any default hereunder, a~d hereby severally w.i~es all beneiit of homestead and exemption under th~ consNtvlan
a~d laws of ~ad~ Stat~ of tM U~ited Suta. -ss apa~nst tl?is obliyatio~ a any exte~sion w renewsl hereof.
Witn~as tM F»nd. a~d s~al of esch party.
s/ L. P. Corbi tt, e/k/e~ L•. ~
.or~~'
s Ann e Rel Corbi tt a k,~~ ;
Ann~e Belle Corhett ~ i
1 ~ - Sr.r. R.r.M,. ~
(Stamp~ tanodl~d on wipiMl nob)
NOW, THEREFORE, th~ MORTCaAGOR fw ths purpose of ~ecuring p~yment of said sum of i ~ n~~• ~n P~~^+^a
covenanfs and ap?~erMnb MttinaffK ~xpres~ed, ~nd fw dirers pood u+d wtwbl~ co~sFderations, by thss~ ptesents, dots prant, bugsin, ~ell, nmise,
retea?e, ao~wy ~nd oonfirm unto tM MORTGAGEE, its wcuuas ~nd suigns, di that csn~in bt, pieu or parcd of I~nd, sitwt~, lyinp, and b~Gg in th~
Co~nty of S t~ T t) ~ P , u?d Stste of Flwida, deuribad as follows:
-rom the S~uthwest corner of Section 17, Township 35 So~~th, RanP.e !~0 East~
r~,.~ North alvn~ the West sic~e of said Section 17, 321.7 ~'egt; thence North
~1_" ib~ ~ast 32.1 feet to point ef bPPinning; thence cnntirnie Nor*h 510
~h~ Fast, alon~ the Northwest riPht of way of Okeechobee Road (State Road
`:'r. 8) a d~ stancA 1?8.0~ fpet to a stake; thence NorY.h t~?.h fePt; thence
'^''+-h HS° 34~ West 1Q0 fe~t to a stake; thesnce 5rn~th 125 feet to the point
heRinn~ng, lAss and except additi.onal road rinht of way of Okeechohee
=~u~ (St~tg Road ~70), ? ~
j totTU'~ _ ~
~ ~Q ~N M'(N~~p}ERTY•
4 t~~GL~'C,~ER~2,. wv'°~f ~~1• t`' y. ~.3 ~ r i I" i'~ L:
~ ~ ~TO~H ~it ~A~ ~ DOCJC•1ENTA.~_"~S ~nt~ ? 7 9X
' ~ PpjiR~S• ,.~.t~ ~ . = FE8-3'67 ;~`ry;l=~`;`~~ s.+ _
~ ~ ~ nr~,.,., ~ ° Y = 7 5
~ V M 0=
Tax e~lor v~ ca~<Pr~~._~E..~~-`
~ ~~Gouolll f~~.i~~~as .
~__°~'.Y - _
~ CL~?
~ ~
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togett+K with all ~nd sinpvlar th~ t~nements, fiu~dit~ments ~nd appurtanus therevnto btlagirq or in anywist app~rt~inieg tM~eto, and all r~nh, isa+a.
p,aseds ~nd prof;ts aarvinp and to acvw from ssid premises. all of which +ro w~cluded in the abov~ and fapoinp datription and h+b~ndunti ~
TO HAVE AND TO IiOID tM ~bo+r~ dexrib~d and yr~ntad premaes unto the ssid MORTGAGEE. its woceasas ~nd ~ssiyru forw~. Md th~ safd ~
MORTCsAGOR fw thPi r I+~i?s, execvtors, administrators and suipro, hereby cove~ann with the said MORTGAGEE. its wa.~sson ~nd asipns.
rhat ~ 9~ aZ'@ lawfully s~iz~d of tht wid premis~s in fee simplr, tMt th~ s~m~ ar~ h~e, cku and ~y~d from ~II li~m ~nd ~ ~
brances in law or h equHY. M+d th~* t}'1B~ will and t1"!P. ~2` hein shall wuwm ~nd def~nd th~ titb to tlw swrw b tM wfd ~
MORTGAGEE, Ns woceaws and ~ssgns, faswr ap+imt th~ Iswful cla&ns ~nd demands of sll p~rsoru;
PROVIDED. ALWAYS tMt if th~ JNORTGAGOR shall pay vnto the AIWRTGAGEE tM promiswry ~ot~ h~r~inbefon dewibad ~nd ~Ml1 truly, proenptly
~ •nd fvl~Y PNfom4 d'qdw?p~• ~x~cute, cwnPlNe, comP~Y with ~nd abidt bY e+th +nd ~verY the aY~pvlatiom, a~reert~s^», tonditions u~d to+nrwntt of s~id
= promissory not~ and of tl~ia Mo~paqe, tMn thia Mo~tpagt ~nd the &tit~ hereby vested shall ceas~ ~nd 1» rwll u~d void.
a
~ IT IS UNDERSTOOD thN tl» word "Maty~por' whether in the sinpul~r or plw~l anywhen in this Mortype, shall b~ sinpulw if on~ onl~ i
shall b~ plur~l joimly and sw~nlly if mwt th~n orw. ~nd H~at the word "their' as used ~nywhere in ths A6orq+p~ ahdl b~ t~k~n ro eman "1?is." "hen:'
~ or ••in," wirrw~r th~ oonMxt w impli~s o? admits. . Aho, tMt wherew? there is • r•f...noe ~n th. covrnann ~nd .pr.em.on h...+n oomsirwwd a•ny of
rhe panMs henlo, th~ san~ sh~ll be caistruad ro rntan ss vwll ss th~ heirs, Ip~l npr~sematives, waesso.s and assipna (eNMr voluntary by act d tM
pania o? Mwduntary by op~ration of tM law) of tM wne snd that the cove~anq ha~in oont~ined ~iwll bind ~ed tF» b~fits and ~dvant+pu irwn
ro tM rpp~ctiw h~irs. I~WI npnsantatiw~„ waessors and ass~ynt of the parti~s huNO.
Md saW Mortp~pon, for tl»ens~lws M+d thei? F~eirs. Ipal representatiws, auaessors aed wipns, Iwr~bY !a^~Y and s~vKally oavan~m and apne
~ ro and with th~ said MORiGAGfE, i» wooason ~nd auipro:
1. To p~y dl ud ~ir~ular th~ principal and im~est and tM vsrian and aw~dry sums of mawY WY+~ h? virtw of ~ki praniuory note, +nd ti~k '
~0+0~. ~fi ~~Y. P~~Ptly oe tM days r~apatively the sam~ sw~rally bccan~ dw.
4. To pay all and Nnpvlar tM wc~, awss~n~n~s. Iwi~s, liabilities, oblpations aed ~ncumbr~nc~s of every n~tw~ u~d kkd now on said dacrlb~d ~
PraPMtY. w thM F~aeaftw rnay b~ i~npowd suff~r~d. P~+nJ, levied, a a~tas~d ther~on, a that hereaftu nwy bt levi~d or aawtnd ~+pon tl~is Morq~
~ ago, or th~ Y~d~M~dnea Namd hu~by. Nch and ~vary. when due and payabl~. ~ocordinp tn law, b~fon they b~cam ddinquent. ~nd b~fon +~Y intK~st
ertatha o? a~y peMhy i~ incun~d: AND INSOFAR AS ANY TH[REOf IS Of RKORD THE SAME SHAIL SE PROlNVTIY SJ1TISfIEp AND D{SCHARGED Of
REGORD ANC THE ORIGINAI OFfICIAI DOCWMENT (StKH AS, FOR INST/1NCE, THE TAX RKEIPi OR THE SATISfACTION PAPER OFFICIALIY ENDORSED
OR CERTIFIED) SHALL 6E PLACEC IN 1HE NANDS OF SAID MORTGAGEE WITHIN tEN DAYS NEXT AfTER PAYMENT; ard in tF~e ~wnt that ary thareof is not
paid. ~at:sfi~d ~rd dischary~d said Itl10RTGAGfE may at any time par tlr ~ams w a~ryr put ther~of withow waivirg w ~ff~ctirg any option. IiM, puifY a?
.~qht unda a by virt~e of thb mortq+p~ and tlw full amov~t of each and ~very wch p~yment ~hall be inrnediately dw and p~yabl~ a+d ~hall b~a M~tK~st
~ ~.an th~ dm thKwf until paid at rat~ of nie?~ per untum p~r ~nnwn a~+d a9~thu w~th such interest sh~ll b~ secwed by the lian of th;s morpqp~.
a~K 164 ~E1483
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