Loading...
HomeMy WebLinkAbout0862 CORRECT IV~ I~iORTGAGB ~ ~ 2334~ ~ ~ ~ THIS INDENTURE. Made 6th ~ay of June A.D. i9 72 ~tWSe„ Ulie S AtcCarty, a single adult of $t . 1.LLC 1@ Cp~~ry Fiwids, hereinaitet desig~ated as the "MORTGAGOR." +nd FIRST FEOERA~ SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corpor+t~on aganized +nd ex~sting undd the laws of tAs Uolted S~atQS of America and havinp ib principal pl~t~ of business in tM City of fort Piace, St. lucie County, Florida, hereinafter desi9nated as ths "MORiGAGEE." ~ WHEREAS the MORTGAGOR is ju~tly indebted to Ihe MORTGAGEE in the sum of = 1~• 1 O0• 00 , good and lawiul money of the Un~ted S~ates advanced by the MORTGAGEE unto the MORTGAGOR, as evidsnced by a certa~~ p~omiuay note of even date herewith, of wh~ch ~he followery in ~ words and figures is a true copy, towir. ` s 1t3,100. 00 ~ 3-1t3, 433 forf Piecce. Flwida. June 6~ 19 72 For value received, 1, we or ci~her of us, prom~u to pay, without defalcar~oo, to the order of FIRST FEUERAI SAVINGS AND LOAN ASSOCIATION OF ~ 18 100 00 ` FORT PIERCE at Fort Pierce, Florida, the sum of = ~ • w~th inte~est from dafe at the raie of7 • S °l'o pe* a~~um, in monthly install- me~es as (o1!ows: t 134.~ 1St day of Qetober ~ ~972 and a like sum on the cwresponding day of each month therr after until the whole be fully paid. Each installment first shall be applied in payment of the interest and then on the unpaid balance of the principsl su~n. If d aull is made in tla payment of any installmen~ when due, and such default continues 30 days, then at the opt~on of the holde~, snd witFw~t any othe~ notice, all the ~e+naining ~„stallmerits shall be due and payable at onca. Privilege is given to prepay this note in whole w in parl af any time without penally. Neither forebeara~te. ~or acceptsnce by the holder thereof after any defauN in any payments hereon, shall be deemed extcnsion. A late payment tharye of S 6•7O sh+ll be added to each installment remaining unp~~d 7 days after its due date, and a like sum shall be added to each such installment remaining unpaid 7 days afte~ each succeeding payment date. Each maker, surety and endorser hereof, jointly and severally, w+ives derr.and, prexntment protest and notice of protesl fw nonpayment, ~nd fu?ther ag~ees to any extens~on of t~me of payme~t, eithe~ before w after maturity, wi~hout rwt~ce to any of us; and to pay a~l costs of collectio~, including a : easonable attorney's fee in the evenl of any drfault hereunder, and Fxreby seve~ally waives all benefit of homestead and eaemption under the tonstituYart and laws of each State of the United States, as aga~nst this obligation w any extension or renewal hereof_ Witness the hand aod seal of each party. s/ Olie B. tdcCarty, a single ~Atp?dult cs~?u cs~?u ( 1 State Revtnue ' (~u (S~iiFp~&nc~i ~ vn- Srig+'i~a~'*ro~e7 NOW, THEREFORE, the MORTGAGOR for the purpose of seturing p~yment of said wm of S 18~1~•~~ and the performance of 1M covenants ~nd agreements hereinafter expressed, a:+d fw divers good and vslwble considsrateons, by these presents, does grant, bargain, selt, remise, release, convey and confirm unto the MORTGAGEE, its succeuors snd assigns, afl that certain bt, piece or percel of land, situate, lying, and beirg in tM County of SL . LUC1@ and State of Flo?ida, described as follows: Lot 3, Block 3, ?ROPICAL BEACH, as per plat thereof on file in Plat Book 10, page 9, of the Public Records of St. Lucie County, Florida,. ~ 1 This corrective mortgage is executed and recorded in replacement of that ~ certain moztgage whichis of record in O. R. Book 203, page 2127 and 212t3, ~ which said mortgage, through scrivener's error, described above subdivision - _ ' as being in Plat Book 9, page 26. The intangible personal property tax ~ ~ and the documentary stamp tax has already been paid. See Class "C" a ~ Intangible Personal Property Receipt Vo. 129121. ~ ~ M~ra~s ~ ~ ~~'ruEn.l~. ~crs ~ ~ ~g?i. ~ ~t ~ s ~ a~tnc u~ °°uR~' sr. t+x~ o°' } rogether with all and singular the tenements, hereditaments +nd appurtances thereunto belongirg ot in anywif! appertainirg thereto, and ~II renb, issua, ~ proceedi and profits acuuing and to accrue from said prem'oes, all of whicb sre included in the abov~ snd foreQoirg description ~nd habendum. TO HAVE AND TO HOLD the above deuribed and granted premises unto tl+e said MORTGAGEE, its s~raeswrs u~d auiyns forev~r. Md tM said MORTGAGOR fw he1 - he~rs, executors, administntwt snd auig~s, hereby covenanri with the said MORTGAGEE, iN waesson ~nd auip% rhat 1~--- lawfully seized of the said p?em~ses in fee simple; that the ssme are free, clea~ ~nd d'ncharyed from all lisns ud encum~ Erances in law or in equity, and that She will and her ~~n W~~~ant ~nd defend the tiil~ b the ~amr to the said ~ MORTGAGEE, its successws snd auigns, fwever sgainst the lawful dsims and demands of all persan; = PROVIDED, AlWAYS that if the MOR7GAGOR shall psy unto the MORTGAGEE the promiuory ~ote F~ereinbefote described ~nd thall trvly, p?omptly ~ and fully perfwm, d~xharge, execute, compkte, comply wi~h and ~b~de by each and every the stipulations, s9reemenn, cond~?ions •nd oovenann of ssid ~ * promissory nofe a~d of this Mortgsge, tTrcn this AM1wtgage and the Estste hereby uested shall cease and be null and wid. ~ ~ IT IS UNDERSTOOD that the word "Mortgagw" whethrr in the sirgular or plwa! ~nywFrote in this Mortgaye, shal) be sirgulu if on~ only and ~ shall be plural jointly ~nd severally if more than one, and that the wad "~heir" ss used anywhere in this Matyape shall be Hken ro me~n "his;' "Mn;' ~ or "its;' wherever the context so implies or sdmits. Alw, that wherever there ii • relerence in the coven~nts and sgreeme~q herein contai~ed to any of ~ ~ the parties he?eto, the s+~+~e shall be construed ro mesn a~ well st the he'vs, leyal r~prexntatives, sucusson and sui9ro (either vol~Mary b~/ ~ct of the : parties or irtvoluntsry by operation of the law) of the same and that the covenann herei~ contained shall bind uid the benefi» and advaMap~s irwre to the respective heirs, legal representatives, wccessws and ass'gns of the p~rties hereto. ` ~ And said Mwtgsgon, fw themxtves and their heirs, legsl representatives, sucussors and suigns, hereby joi~tly a~d xver~ily covsn~nt and ayree ~ ~ ro and with the said MORTGAGEE, iu successas and auigns: ~ 1. 7o pay sIl and singuls? thc principal and imerest snd the wrious and sundry wms of money payable by vinve of said promisswy nots, ~~d this { mortgsge, esch and every, promptly on the days cespectrvely the same severally becort~e due. ~ 2. To pay all and singvlar the bxes, ~ssessmenb, levies, tiabilities, oblig+tions snd entumbrsncet of every nature and kind now on ~aid dtsvibed ~ property, a that here~fter may be imposed, suffered, plsud, kvied, or auessed thereon, w tMt heresfter may be Ievied w ~isessed upon tF~is Mort9- ~ age, w tht indebtedneu ucured Mereby, each and every, when dve and payable, accwdinp ro law, befwe tf~ey become deli~q~ent, and befor~ •ny i~taest ~ ar~acFxs or any penalty is incurred; AND INSOfAR AS ANY THEREOf IS Of RKORD THE SA1ME SHAIL aE PROMPTLY SATISf1ED AND DISCHARGEO OF ~ RECORD AND THE ORIGIhAI OfFICIAI DOCUMENT (SIKH AS, FOR INSTANCE, THE TAX RECEIPT OR 1HE SATISFACTION PA?ER OFFICIAIIY ENDORSED OR tERTIFIED) SHAtI BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN iEN DAYS NEXT AFTER PAYMENT; snd in the event that any thereof is not paid, sat'sfied and dixharqed sa:d MORTGAGEE m~y at any time pay the ssme w any part thereof withwit waiving w affecting any option, lien, equity w ~ ~ •~qht unde~ w by virtue of this mortgage and the full imount of esch :nd every such payment shal~ be immediately due and psysbk snd shall besr interest , - ~.om the date thereof until paid at rate of nine per cent~m per annum snd toyether w~th such interest shall be secwed by the lien of th:s mw9tsye. ~ ~ Ur~i ~ ~l'JF, r . DS ~ ~ ~y~ T~~~~A~~" -'"•_N~.~1~`~a.^+'° . ~ ~A,.