HomeMy WebLinkAbout2854 OORRECTIVB MJRTGAGB IG' / ~92~3
THIS INDENTURE, AAads ~hs 19tn ~y of ~e~embCr~r . ~ A,D. 19 Mrw~n
es~=s-
Prentice L. Manor and Lois D, blanor, his wife ' ~
_
of St. Lucie Govnty Flwida, ha~inaftea deiignated as tly "MORTGAGOR," •nd 'FIRST fEDERAI SAVINGS AND IOAN
ASSp~UT10N OF fORT PIERCE, a torpaation w~~nized +nd exi~tinp undar tM laws of t!w Unit~d St~t~~ of Am~riu ~nd Mvirg ib pri~tipal pl~t~ of
busiMU in tF» City of foA PiKq, S~. lutie Counfy, Florid~, I~lffiMHM d~tipnated ~s {M "MORiGAGEf."
WHEREAS ths MORTGAGOR is justiy indebted ro the MORTGAGEE in tht sum of s 2~ • 2~• ~ good ~nd lawful money of the Unitcd
States advanced by the MORTGAGEE u~to the MORTGAGOR, as evide~ced by • certain pramiuory ~ote of even dats herewith, of which the followin9 i~
worda +nd fiyures is a uw copy, to-wiL•
= 25,200.00 10018839
Fort Pl~rn. Florida. SEn~Q'~Qr t 9 19~2~
Fa vdue ?eceived, 1, we or either of us, promisr to pay, without defalca~ion, to the order of FIRST FEDERAL SAVINGS ANO IOAN ASSOCIAt10N OF
FQRT PIERCE at Fort Picrce, Fbrida, the sum of s 25 ~ 200. ~ w;th intereit from date at the rate of ~96 per annum, in monthly insta~l-
ments as fotlows: s 187 on the 1 St ~y of November ,~972 and a like sum on the cwrespond~np d~y of each morth there-
after until the whole be fully paid.
Each irtstallment first shall be applied in payment o~ the inlereat and then on the unpaid balance of the principe) wm. !f d ault is msde in the
payment of any installrrMnt when due, and such default continues 30 days, then at the option of the holder, and without any other notice, all the rsmaining
~nstallnunts shall be due and payable at once. Privilege is given to prepay this note in whok or in part af ~ny time without penalty, fVeither iwebear~nte,
nor acceptance by the holder thereof after any defauh in a~y payments hereon, shall be deemed extensio~. A lete payment charge of s
9_~ sh~1) bs
added to each inatallment rcmaining unpaid 7 days after its due date, and a like sum shall be added to esch svch installment remaining unpaid 7 days ~fter
e~ch svcceeding paymenl date.
Each maker, s~rety and e~dorser hereof, jointly and sevenlly, waives demand, preientment protest end notice of protest iw nonpayment, a~d furthe~
aqreet to any eatension of time of payment, e;ther before w after maturity, without notice to any of us; and to pay all tosts of collection, includiny ~
reasonabk atlorney i fee in the event oi any defautt hereunder, and hereby severally waives aIl (xnefit of homestead and exemption v~der the tonsfitvt'a~
and laws of each Shte of the United States, as aga~nst this obligation w any extension or renewat hereof.
Witneu the hand snd seal of each party,
s/ Prent ice L. Manor ~U
(SE/?U
_s/ Lois D. Manor ~u
( State Revenue ~U
{Staw+'a irwaYed a? ~ripinal~u)
NOW, THEREFORE, the MORTGAGOR fo~ rhe purpose of securi~g p~yment of s~id swn of s 25~2~•~ , ~nd the perfwm~nce of 1M
covenants ~~d apreements I+ereinafter expressed, u+d fot divers 9ood ux( valvable considerations, by thes~ presents, does grant, bir~ain~ sell, ?emisa,
release, conwy and tonfirm unfo the MORiGAGEE, its succeua~ and assiyns, all tMt ceAain bf, pieoe w pucel of land, situate, lyirg, and beinp in 1hs
County of - S t. _L - i end State of Flwida, d~svibed a~ follows:
From the Northeast corner of the SW14 of the NW'~ of the NE'~ of Section 29,
Township 35 South, Range 40 East, xun South O° 17' 20" West 175 feet to the
Point of Beginning; thence continue 87.5 feet along the same; thence run South
89° 59' S0" West 201 feet; thence North 22° 22' 13" Bast 94.42 feet; thence North
89° 59' SO" East 165.5 feet to Lhe Point of Beginning.
This corrective mortgage is executed and recorded i.n replace~aent of that certain
mortgage which is of~Yecord in O. R. Book 206, page 1733 and 1734, which said
mortgage through scrivener's error, described above subdivision •'thence run South
89° 59' SO" West 101 feet". The intangible personal property tax and the documen-
tary stamp tax has already been paid. See Ciass "C'~ Intangible PersorBl Property
Receipt No. 129997.
('a~tu~
~ryEp ~ IN PAtl1AENT OF TAXfS
OU[ ON CIASS'C' lNTMGI~LE ?E~-i:.~~41 ?'.'~?ER~Y~
w~S1y~NT Tp CFIArTER 71-134. ACiS OF l9/trn~`~/
ROGER r01TRAS a
C~f~II CIiIGYT C011RT. ST. Li1Cli 00. fUl
together with ~II and singular the tenements, hereditaments and ippurtances thereunto belonginp or in anywist ~ppertaininQ thereto, .~nd ~II r~nb, Iuws,
proteeds and profib ~cauing and to accrue from said premises, all of which are included in the above and fwpoinp descripYan ~nd h~bendum.
TO FiAVE AND 70 HOW the above dewibed and qraRted premises unto ths ~aid MORTGAGEE, its suaesson and ~uigru fw~va. Md tF» sald
MORTGAGOR fw theZr ~;,s, eaecutors, ~dministrators and ~uigns, Mreby covenanri wilh the s~id MORTGAGEE, its sutcessws and assipea,
rhat th v aYp Iawfully se~zed of the said premises in fee simple; that tF~e arn~ a~~ fres, clear ~nd discharped from all li~ns and ~
brances in law a in equity, and that th_P-r_V W~~~ thai r hein shall warnnt and defer+d ti~s tittt to tM ~artq to tM saW
MORlG/1GEE, its suttessors and assigns, faever against tM liwfvl cl~ims snd demands of all per~pu;
PROVlDED, A1WAY5 thst if the MORTGAGOR shal{ pay ~nto tF~e MORTGAGEE the promistoty nott her~iabefor~ destribed and sFwll truly, promptly
and f~lly p~rform, discMr9e, execute, comptete, comply with and abide by each ~nd every the stipulations, aqreem~nn, conditions ~nd oovManq of said
promiswry ~ote and oi this Mortgage, then this Mort9aye and the E~tate he~eby aeased sha11 ce~s~ and be nu11 and wid,
IT IS t/NDERSTOOD M+at the word "Mwtgago~" whetl~e~ in the singular w plwal anywl~ere in this Mortype, ahall b~ iuep~lu if on~ only and
ahsll be plural jointly and severally if more tMn one, and that the wad "their" ~s uted anywher~ in this Mortyap~ shall ba t~ke~ ~o mean "his," "hen,"
w"ib:' whtrever tf~e context w implies or admin. Also, that wherever thero is a rcference in the covenann and ap?temeny h~rein containtd to iny of
the puties hereto, the ~ame ~hsll be construed to me~n ss well ~t the hein, ley~f represenqtivp, ~ucceuors ~nd assiyro (eitMr voluMary by act of th~
pa.t~es a involuntary by operation of the law) of tF?e same and that the covena~ts herein cont~ined shill bind and tF~e benefib and adv~nta~ts inur~
ro the respediw heirs, kyal representatives, successors and au~yns of the parties hereto.
Md said Mortpayors, fo. themselves snd their hein, kg~l representatives. successors and ~ssipns. Mreby joimly and sevaally covsn~nt ~nd ~yree
~o ~nd with the wid MORTGAGEE, it: successas and usiyns:
1. To pay ~II and sirgula~ the principal ~nd interest ~nd the wrio~s ~nd wndry sums of naney p~yabte by virtwe of said promiswry rwt~, and thi~
mwt~ape, each and evary, p~ompNy on the days respectfvely tl~e same sewr~lly becortw due.
2. 7o piy all and sieguls~ tke taxes, suessmenq, levies, liabilities, obliy~tiorq and e~cw»brances of ~very n~tur~ ae+d kind now o~ said described
p?operty, w that here~ft~r may b~ imposed, ~uffKed, plat~d. Iwied, w~ss~ssed theaon, ar tMt IrcreaftN may b~ lev;~d a uu~sed upon this Mwtq-
aye, w th~ tnd~btsdneu ~ecured hereby, ead~ and ~very, whsn dve ~nd payable, xcordinp to bw, befa~ they becane delinqwnt, and b~fw~ arry? iMKat
attaches or any per?~Iry if incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII SE PROMPTLY SATISfIE~ AND OISCHARGED Of
RECORD AND TME ORIGINAI OFFICIAL DOCUMfNT (SUCH AS, fOR INSiANCE, THE tAX RECEIPT OR THE SATISFACTfOIV PIlPER OFFICIAIIY fNDORSED
OR GERTIilEO) SHAII BE PIACED IN TME HANDS OF SAID MORTGAGEE WITHIN 7EN DAYS NEXT AfTER PAYMENT; and in IM event th~t ~ny thereof is not
paid, sat'tfied •nd discharged sa:d MORTGAGEE may st sny time pay the ssme o~ ~ny part thereof witlwW w~ivinp p affettirq a~y option, 1'~en, puity a
•~aht vnder or by virtue of this mortgage and the full amovnt of eath snd erery such payment sh~ll be immedi~tely due •nd p~y~bls ~nd shall be~r intereft
<<am the date thereof until psid at rate of nine per cent~m per a~num and to9ether w'~th such interest shall be secured b the lien of th:s morytape.
~~RY20f p,r?2~50
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