The URL can be used to link to this page

Home My WebLink About2667 . ~ CORRECTIVB MOR?GAGB . l 234'733 ~ i ~ THIS INDENTURE, AMd~ the 23rd day of June A.O. 19??~ betw~u+ ~ John W. Godbold and Vivian L. Gadbold, his wife _ ~ of $t• 1'uCie Counry Flo~ida, MIliMftN d~tign+ted ~a~~heJ"N10R'TCs~?QOR~; a~ FIRSi fEDERAI SAVINGS AND LOAr! ASSOCIATION OF fORT PIERCE, ~ cwporaNon ay+nizsd +nd existin~ under IM la~ o~ 1M Un~td St+t~~ off America ~nd havinp fri princ:pa~ plaw of busin~si in tM City of Fwt Pi~res, St. lucis County. Flaid~. hereinaha d~iipn+t~d ai tM "MORTGAGEE." WHEREAS the MORTGAGOR a juttly indtbted to tM MORTGAGEE in tM sum of f 6~~~ , good end i~wful rnoney ot the Un~ted States advanced by the MORTGAGEE unto the MORTGAGOR, as evide~ced by a certain promiuory no?~ oi evtn da~e herewi~h, of whkh the follo~rinp in wwds a~d f' urss is a t~w copy, to-wit: = 6,0C~0.00 3-18,503 PK~. F~;~,. June 23 , 19 72 For value received, t, we or eithe~ of us, promiu to y, wi~lw~f defslca~ion, to the wde~ of FIRST FEDERAL SAVINGSS AN~ LOAN ASSOCIATION OF FORi PIERCE at Fort Pierce, Florida, the sum of s 6~~~•~~ w;th interest from date at the rate of 7'776 per annwn, in monthly install- ments as foltowi: S S4•~ on the 1St day uf Al1qL1St ~ ~q 72 a likt sum on the ca~espond~rq day of each month therr after until the whole be fully paid. Eath installment fi~tt shall be applied in paymrnt of the interest and then on the unpaid bal±nce of the prindpal sum. (i d ault is made in ihe payment of any inste~lment when due, and such defauh tontinues 30 days, then at tFx option of the holdm, snd without any other rat~ce, all the rcmaining ; ~nstatlments shall be due and payable at once. Pririlege is given to prepay this note in whole w in psrt at ~ny time w~thout penalty. Neither fwebearaoce, ~ nor acceptante by the holder thereof after any defauh in any payments htreon, shall be deemed extensiw~. A lale payment charge of i2'7O shd~ be added to each installment remaining unpaid 7 days afta iri due date, and a like sum shall be added to each i~ch installment remaining unpaid 7 days after each succeedirg payment date. Each maker, surety and endwser Fx~eof, jointly and sevcrally, waives demand, presentment protest ~nd notice of p?otest for nonpay~+cnt, snd fwther agrees to +ny extension of time of paymeM, either be(ore or a(ter maturity, without notice to any of us; and to pay ~tl costs of collection, indud"+ny a reasonabk attorney's fee in the event of any defautt hereunder, and Ixreby severally waives atl benefit of homestead and exemption under the constitulion and laws of each Sta~e of the United States, as against this obligatan or any extension a renewal hereoi. Witness tl+e hand and seal of each party. cs~?u S/ John W. Godbold ~?i~ cs~?u S Vivian L. Godbold ~ ; 1 Stafe Revenue • ~,itamPL.c.oul~.d ca o?igio~l.+,o~.~ 6 000.00 NOW, THFREFORE, the MORTGAGOR fa the pu?pose of securing psymcnt of ~aid sum of = ~ .+nd the pcrformance of ths covenant~ and agreemenri htreinafter exp~essed, and for diven good u+d wlwble consider~tions, by thes~ presents, doe~ g?ant, bar9ain, sell, remise, release, convey and coniirm unto the MORTGAGEE, its sutcessors u~d auigns, all that cert~in bt, piece ot parcel of tar?d, utvare, lying, and beiny in 1he County of SL.Lueie aed State of florida, dewibed ~s follows: The West 50 feet of the Southerly 130 feet of that portion of the West 1 acre of the East 4 acres of the S~ of the 9W~ of the N~ of the SW1~ of Section 9, Township 35 South, R,.nge 40 East, lying inuediately north of the north right of way line of Delaware Avenue as existing after Deed recorded in O. R. Book 170 page 883, St. Lucie County, Florida records, This mortgage replaces a mortgage of like amount, saae date, to Fi rst Federal Savings and Loan Association of Fort Pierce, Rlorida, on which the doCUmentary stamp tax and the intangible personal property tax have already been paid. I ~t~ o ~~~.t~ i ;i , . ~ ~ ~ • , ~ ,;\~c *~s . . - ; ~,r~l\1~C,t 1~~ L `F~~~"~~~ ~j~ ~U C~ / F ~"S~ C~(~~~ ~ ~ ` ~ ~ togrther with all and singubr the tenements, hereditamentis and ~ppurt~nces thereuMO belongirg or in anywise apperuining the?eto, and ~II rents, hwes. pruced~ and p?of~n acauing and to accrue from said premisa, all of which are included in the above and faepoirg dacription ~nd lubendum. TO HAVE AND TO HOtD ?he above dewibed and granted premises unto th~ ssid MORTGAGEE, ib succeasws and assiyns forewr• Md fhe ~+~d MORTGAGOR fw their ~;~s, exen,fws, sdministnton and +uiym, hereby covenann with tF+~ said MORTGAGEE, its svccesson +nd ~uigns. ~hat they a re _ ~,~,,,f„uY Ki:ed of the said premaes in fee simple: th~t th~ s~mt are f?s~, ckar and d'acharyed from all liem and ~ brances in I~w w in equity, and thst they will ~nd their hein ~hall warrant snd defend tM titk to th~ sam~ to tM said I1hORTGAGEE, its wcceuors u~d assigns, forever ayainst the lawful claims and demands of all perwro; ~ PROVIDED, ALWAYS thst if the MORTGAGOR shall psy unto the MORTGAGEE tfi~ promissory no~e her~inbefae described and sh~ll huly, promptly and fully perform, d~uh:rge, execute, complete, comply with and abide by eacFi and every the sY~pulations, apreemenb, conditioro and covenanb of said promissory note and of this Mortgaye, then this Maty~ge and the Estate hersby ueated shall aeue u+d bt nvll ~nd void. IT IS UNDERSTOOD thst the word "Mortgs9or" whether in tF~e sirgular or plwd ~nywher~ in this 1Nortyape, shall be sinyulu if on~ only ~nd ~ shall be plur~l 'pintly ~nd ssverally if mor~ thsn one, s~+d that the wwd "thei~" as u~ed anywhere in thh Mort9ay~ shall b~ tsken to mtu~ "his;' "hen," or "in;' wherever the conteat so implies a admiu. Also, th~t wherever there ii a reference in th~ coven+nri ~nd a~r~emenri herein eontained to any of ~he parties hereto, the ssme ahall be construed to mean as well af the hein, kQal representativd, waesson and auig~q (either volu~tuy by acf of tM parties or invduntsry by operation of the Iaw) of the s~me ~nd thst the coven~nts herein contsirnd ~II bind ~nd ~he banefin ~+d advmayes inw• to the retpective heirs, leyal representativet, successws and au'yns of the parties hereto. AntJ ssid Mortgayws, fw themselves snd their heirs, le~l represenNtivp, suaesw~s ~nd ~u'~yns, hereby jointly snd s~rerally covena~t a~d aprte ro arsd with the said MORTGAGEE, its s~ccesson and auigns: 1. To pay all and sin~ulu the principal snd interat snd tFie vsriwn and sundry s~ms of moe+ay paY~ble by vKtu~ of said promis~wy not~, snd tha mwty~ge, ~ach a~d ev~ry, promptly o~ the days respettively the same uvtrally become d~e. 2. To pay ~II and ~inpulN the ta:a, assessment~, levies, lisbilit~es. obliyatans and encumbranca of ~wry nature ~~d kind now on ssid dsacribed prop~rty, a that here~fta may be imposed, wffered. Plat~d, kvied, w~aessad thereon, or th~t hereafta may be levied a asseswd ~rpon Nda MortQ- afle, a tF» i~+d~btedneu secured hereby, each and wery. wMn due and p~y+bk. ~ccordinp to law, bsfore they becane delinqueM. ~nd befon ~+~y intsrest artaches w any pe+?stty is i~curred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII dE PROMPTIY SATISFIEO AND OISCHARGEO OF RECORD AND THE ORIGINAL OFFICtAI DOCUMENI (SUCH AS, fOR INSTANCE, THE TAX RKEIPT OR TNE SATtSFAC710N IAPER OfFIC1AlLY ENOORSE~ OR CERTIFIED) SHAII BE PUCED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event tMt any the~eof a nw ~ peid, ~srsfied and discharged sa:d MORTGAGEE may at any ~ime pay the iame w+~ny pan thereof witho~rt waiving w affec~i~ ai+y option, lien, puity or ~~qht under d by virtue of this mortgage and the (ull smount of esch and every such payment shall b~ 'wnmediatel~ due and payabk ~nd sha11 bear inttreit { ~.om ~he d~te the~eof until psid at rare of nine per centum per annvm and ~pgttF?~yrih h int sh~ll be xcured by the lien of th:s morqta~e. ~ b00K ~~i~~PALt ~.U~ ~ . : - _ ~ ~..~~~x t,~._.~~_ _ . - . n__~ ~n -