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Home My WebLink About0513 SUPPLEMENTAL MORTGAGE ~ : k;;'7623 ~ ~ 1HIS INOENTURE, Mad~ ~l~e ~~h day of - st , A.D. 19~2.. between t _ l~ses Aaran Melton and Rsdetha A. Melton, his wife of S~+• ~1C~A Counfy Flwid~, hereinifter designated as tM "MORTGAGOR;' and i1R5T FEDERAt SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE, a caporatio~ org~ni:ed and exis~iny w~da Ihe laws of ths United S~at~s of America and havlnp in p~incipsl plaa of butiness in ths City of Fort PiNCe, St. Lucie County, fiaida, herein~flK dei t..dd tgh. T A EE:' WHEREAS tM MORTGAGOR is jvitly indeb~ed ro~he MORTGAGEE~~~$p~~nt of that~c~ta~t~o~L~~nt Of S+~ra+iwws~L6M.liyih.~lqi~'¦AC~GG.ww?N~~NN~ibi~AR'rORr ~iw~wN?~f.w~w~t~ rL 1iy.h{bwiyit~. ~~+~`~~~?~~~?~Pl~r~wi~: XtZ~.C 1 18 S8CU3'8 ti atr ce a n mortgage reco e in~.R. Book 20s page 1271, of the blic A~cords of St. I~cie Caulty F7.orida F vatue received, 1, we or either of vs, {xom~se to pay, withwit defalcation, to the order of FIRST FEDERAL SAVINGS AND IOAN ATION Of FORT PIERCE a Pierce, Fbrida, the sum o with interest from date at the rafe o~(X~ num, in mo~thly instafl- ments as follows: the ~XYday of 19_XICXand a like sum on respofd~ng day of each month the~r afrer until the whole be Fully pa Fach installmen! first shall be app ~ ' payment of the interest a~d then on t ~ balance of the princtpal sum. If d ault is made in the Fayment of any ins~allment when due, and such It continues 30 dsys, the optio~ of the holder, and without any other notice, all tl+e remaining ~nsratlments shatl be due and payabie at once. Privilege ±ren to ~s note in vrhole ar in part at any t~me without penslry. Neifher fo~ebearance, nor acceptance by the holder thereof afte? any deiault ; pa s hercon, shall be deemed e:tension. A~ate i psyment charge of ~X, shall be , added to each i~stallment remaining unpaid 7 ter its due date, a •like sum shall be added to each such installment ~emaining u~paid 7 days after s each svcteeding payn:ent date. - Each maker, sur e:~dorser hereof, jo+ntly and seveially, waivea drmand, pr ment protest and notice of protest fw ~onpayment, and further ag~ees to an an of time of payrtxnt, either before or after maturity, withoul not~ce to a f us; a~d to pay all costs of tollection, including a reaion ttwney's fee in the event of any default hereunde?, and hereby severally waives all be~e homestead and exemption under the tonstitutan and laws of each State of the United States, as against this obligation or any extension w renewat hereof. ~ Witness the hand and seal of each pa~ty. RE/?u (SEAI) cs~?u ~ ~?u c ~ ~ ~ the aforesaid note NOW, ?HEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of~ and the pcrformance of ths covenants end agroemen?s he~einafre~ expressed, and fw divcrs good and wlwble ca~siderations, by thess presentt, does grant, bargain, sell, remiae, re~eau, convey and co~firm unto the MORiGAGEE, its tucccssws aad suigns, all that certain lot, pieoe or parcel of iand, situste, (ying, and lxing in ihe County of Sf+ •~C ~ and State of Flaida, described as fotlows: ~ Lot lt~ and the East 30 feet of Lat 3, Block 8, REPLAT OF PAIM L~ ~ ~ GARDENS, as per plat thereof on f'i.Ie in Plat Book 12, Page l~2, ; of the Public Records of St. I,ucie County, FZorida 3 ~ ~ ~ ~ !t ~~ii ~ ~ This supplemantal mortgage, given for the purpose of providing ~ ~ mortgagee with additional security for the repaymant of the abov~e ~ mentioned promissory note, is executed in consideration of mortgagee's - V ~ agreement to release f~om the lien and operation of its aeortgage to which this is supplementary, a portion of the originally mortgaged : premises~ tiain73jr : i,~,~ :i~ °T~.,."~m -n~ DAT11 ~ eRnFt~t~t ar rnrr~ina ; ~ to the plat the neof on i'ile in P3.ai book i c, page u2, ~-1tb2ic i~,~cr:s ~ of St. Lucie Caunty, Florida ; iogether with sll and si~gular the tenemmts, hered;taments snd sppurt~nces thereunto belonging or in anywise apperfsininy thereto. ~nd al) rentt, iuws. proceeds and profits acauing and to acuue from said premises, all of which are included in ti+e above ~nd fore~oing desaiption ~nd hsbendum. TO HAVE AND TO HOID the above described and g~anted premises unto the said MORTGAGEE, its successws u~d +uiyns forever. Md th~ pid { MORTGA ~j for - t'~ i-r F~e~n, executws, adminis~rators and assigns, hereby covenants with the :~id MORiGAGEE, i» succeuo?s and assipm, that --~'"e-~-are - lawfully se~zed of the ia~d prem~ses in fee simple: that tht same ar~ free, clesr and diuharp+ed from sll liens and encum~ ~ brances in Isw w in equiry, and thst th8y wilf and their y~~n ~11 wsrrant and defcnd the titk to the ~ama to the s~id MORTGAGEE, its successors and assgns, forever agaiost the Iawful claims and derteands of all perwns; ~ PROVIDED, ALWAYS thaf if the MORTGAGOR shall pay unto the MORTGAGEE the ptomissory ~ote hereinbefore deuribed ~nd sh~ll truly, promptly and fully perform, diuherge, execute, complete, compfy with and abide by each ~nd evesy the itipuiatiau, ag~eemenn, conditiora and tovenanri af iaid ' promissory note snd of this Mortgsge, then this Mwtgage and the Estate hereby veated thall cease u~d be null ~nd void. ~ IT IS UNDERSTOOD that the wwd "Mwtgaga" whcther in the s7ngular w plvral snywhere in this Mortgaye, shall be •ir~yular if one only u~d ~ shall be plunl jointly and severally if more than one, and that the wad "their' as used ~nywhere in this Mortgage ~hal! be taken ro mean "hia:• ••hen,• ; or "its," whereve~ the context w implies w edmits. Also, that wherever there is a refcrence in the covenants and agreements herein tontained to a~y of ` fhe psrties lxreto, the s~me shall be construed to mean as well ~s the heirs, lega! rep?eient~tives, successon a~d assyra (eifher vol~nury by act of IM parties or involumary by opera~ion o~ the law) of the same and fhat the covcnants herein contained shall bi~d and the benefits and ~dvanfayq invr~ to the respective hein, kgsl representatives, successws a~d ass~gns of tFro panies hereto. And taid Mortgagors, for themselves and their heirs, legsl represematives, successors ~~d usigns, hereby jointly and severally tovenant ~nd apree ~o and with the said MORTGAGEE, its successors ~~d auigns: 1. To pay atl and singulu the principal •nd inrerest and the variovs ~nd sundry surta of money payable by virtue of said p?omiisory note, and this mortgsge, e~ch and every, promptly o~ the days respettively the ume severally becane doe. 2. To pay all and •ingular the taxes, assessmenn, levies, lisbilit~es, obligstions ~nd encwnbranta of every n~ture and kind now on said described p.operty, a that hereafter may be imposed, suffered, placed, ievied, or ~ssessed tFwe~eon, or tAat he~esiter may bs levied a ~uesud ~pon thia Mat¢ - age, d the indebtedneu sec~red hereby, exh and every, when due and psyable, accwdinp to law, before they becane delinqusm, and before ~ny intaest arraches or sny penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKOR~ THE SAME SHAIt BE PROMPiLY SATISf1ED AND DfSCHARGfD OF RECORD AND THE ORIGINA! OFFICIAL OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIAILY ENOORSEO OR CERTIFIED) SHALL BE PLACED IN THE HANDS OF SAIp MORTGAGEE WITHIN tEN DAYS NEXT AF1ER PAYMENT; and in tF~e event that any ?hereof is not pa~d, saYsfied and dixharged sa:d MORTGAGEE msy at any tfine pay the sarne w a~y pan thereof witlwut waiving ar affecting ~ny optioe?, lien, equity a ~~pF~t under or by virtue of this mortgage and the full amount of each and every such payment sh~ll be immediate~y dve and psysble and shall bear interest ~.om the date thereof until paid at rate of n~ne per centvm per annum a~d together w~th such interest shall be sec~red by the li o~I~:t moryta~e. i BGRK ~O~ PAGE 5~~ ~ ~ ~ ~ ~ _ ~ A~ ~