HomeMy WebLinkAbout2950 CORRECT I VE 1~10RTGAGfi ~
THIS INDENTURE. AMd~ the 14th day of Al!8L'-s~ A.D. 19~~... b~twNn
Franco Roaolino and Juanita Rogolino~ hi~ wife - ~
of $t . Lucie C~~~y Florid+, hereinaflN dei~nsted ss the "MORTGAGOR;' snd FIRST FEOERAI SAVINGS AND LOAN
ASSOCIATION OF fORT PIERCE, a cwpor+tion wqaniscd and ex~tlinp u~der the lav+t of IM United Stata of Arr»riti +~d Mvinp iri principal pl~cs of
busin~ss in tM City of Fort PiKC~, St. L~xie County, Flaid+, hertir?~h~r de~iyn~ted ~s tM "MORTGAGEE."
WHEREAS tM MORTGAGOR is j~atly indebted ro ths MORTGAGEE in the ium of = 22 ~ 6~ 9ood +~d lawiul money of the Un~ted ~
States advarxed by the MORTGAGEE unto the MORTGAGOR, as evidenced by a cerlain promiuory note of even date herewith, of which the tollowinp in ~
words and figures is a trw copy, to-wit: ;
f 22,600.00 N,3-18,670
Fort Pkrct. Fbrida. AUgLISt 14 191~
fw valus reteived, 1, we or either of us, prom~se to pay, withoul defalcation, to fhe order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF
FORT PIERCE at Forf Pierce, Florids, the sum of :22 s 60~• 00 w~rh interest from date at the rafe of 7• S °Je per ann~m, in monthly install-
168 00 lst aecember 72 `
menrs as foltows: t • on the d~y of , 19 snd • liks sum on tF~e care:pond~np day of each month there-
after u~itil the who:e be fully pa+d.
Each irutsllment first shall be app~ied in payment of the interest and then on the unpaid balance of the p?inc+pal sum. If d ault it made in ihe ~
payment of any installment when dve, and such default continues 30 days, the~ ~t ~he option of the holder, and withoul any other notice, all the remainin9
;nstallments shall be due and payabb at once. Privileye is given to prepay this ~ote in whole or in pari at any time without penslty. Neither forebearance, ?
nor acceptance by ~he holde/ thereof after any default in aoy payments hereon, shall be deemed extension. A late psyment charge of = 8• 4O sMll be
added to each installment remaininp unpaid 7 days after its due date, and a like sum shall be added to each such installment remaining vnpaid 7 days after
each sutteeding payment date. ~
Esch makcr, surety and endwse~ hereof, jointly and severally, waives demand, preuntment protest and trotice of proteit fo~ nonpayme~et, a~d further
agrees to any eatension of time of payment, either before w after maturity, without not~ce to any of us; and to pay all costs of mllection, includ~~g •
reasonable att«ney i fee in the event of any default hereunder, and hereby severatly waives all benefit of homestead and exemption under the tonstitution
and laws of each State of the United States, as against this obligation w any extension a renewsl hereof. ~ '
Witness the hand and ual of e+ch party.
s/ Franco Roqolino ~q ~
cs~?u
s/ Juanita Roc~olino ~q ~ ~
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NOW, THEREFORE, the MORTGAGOR fw the purpose of ucuring payment of ts+d sum of = 22 ~ 60~. +nd ths pcrformaoce of tM
covena~ts snd ayreements F~ereinafter expresud, and fo? divers good and v~luabte consider~Ywr?s, by thess presents, does yrant, barysin, ull, ~emise, ~
release, convey +nd confirm unto the MORTGAGEE, its succeuws and ~uigns, all tF?~t cert~in bt, piece or pucel of land, tituate, lying, and bairg tn tM ;
County of St . LUC 1@ _~nd State of Florida, dewibed as follows: k
i
~ ~
f
The South of l.ot 11 and all of Lot 13, Block 3, MARAVILLA GOLF PARK, as ~
~
per plat thereof on file in Plat Book 5, pa9e 43, of the Public Records of ~
6
1
St. Lucie County, Florida, ~
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This mortgage is executed and delivered in lieu of a mortgage _
' of even date herewith fro~a mortgagors to mortgagee v?hich inad-
' vertently described real prc~erty as being in Block 4, when ~
` the description should have read Block 3. ( The erroneous
~ description is of record in O. R. Book 205, page 717, Public ~
~ Records of St. Lucie County, Florida, and on which the intang- ;
€ ible personal property tax and documentary stamp tax has been
i
~ paid. )
!
~ ~ ~ E a~ Mrv~r o~ s~s
~~tlt011 CtJISS'~' ~~~E MOrFJ1~.
~r ~o c~.~ :r'+ ~s-~. ~crs o~ u~L~ ~ i
ClDll~ i~ Ci0U11[.~
S1.
WClE C 0. ft~ I
rogether w~th sll and singular the tenements, heredissments and sppurtances thereunto belonginy or in ~nywise appertaininp tF?ere% and all r~n», iuws,
proceeds snd profin acuuin~ a~d to accrue from s+id premises, +II of whid+ +re included in the above and foreqoirg description snd habandum.
TO HAVE AND TO F~OID N+~ above described +nd 9r~nted premises umo the said MORTGAGEE, its successas and +uipm fwevN. Md th~ uW
- MORTGAGOR fot t he i r ~~n, executon, +dministrators ~nd stsign~, hereby covananri with the ssid MORTGAGEE, its waesso~s u+d auiptN.
~ that thgy are Iswfully seiud of tM said premisas in fee iimple: th~t tM s+me ~re fre~, clear and disch~r9ed from ~II liem a~d ~
~ trances in Iavr w in equity, snd that they w~~~ a~ their heirs shsll warraM end defend tM titb to tM s~m~ to th~ saW
MORTGAGEE, iri sucusson +nd aaipns, forever sysinst the lawf~l claims and demands of all perwnf;
~ PROVIDE~, ALWAYS thst if ths MORTGAGOR shall pay ~nto the MORTGAGfE the promiswry note hereinbefwe d~wib~d and thall truly, promptly
~s and fully periorm, dittharge, ezecute, compkte, comply with and ~bide by esch and every the ~tipulatior?s, agreemenn, condiYqeu ~nd aovenanfs of aid
~ promissory rate srw! of this Matgape, then this Mortgage and the Esate hereby created sMll uas~ and b~ null and void.
~ IT i5 UNDERSTOOD tMt the word "Mortyspor" wFxther in the singular w plwal ~nywhtre in this Mort~pe, ~hall be ~irqulN if on~ only and
~ shall b~ plural jointly and stverally if more than one. ~nd that the word "their" ss used anywhere i~ this Monyp~ shall be t~ktn to mean "his;''7wn;'
or "iri;' wherever the contezt so implies w admits. Also, thst wherever there ia a wference in tM tovenants ~nd ~p?aemenb herein oont~ined to any of
~ rhe ps~ties hereto, the same shall be construed to me+n ~s well as the heirs, leyal r~xesenUtivet, suaesson and uiiyro (either voluntary by acf of th~
parties or involuntary by operation of the law) of the same and that ths covenants herein contsined shall bind and the benefit~ ~nd advant~yp irwn
~ to the respective heirs, leg+l representatives, suuesson and au~gns of the pani~s hereto.
~ And wid Mortysgon, fa tFrcmselves ud their hein, kgal repreuntstives. suaessori snd auipns, hereby jointly and ~eve~+lly covenant and a~rse
- to and with tM ssid MORTGAGEE, iri successon and auigns:
1. To pay ~It ~nd ~inpular tM principal ~nd interest a~d the various and sundry sums of naney payable by virtw of ~sid promiuory not~, and thi~
mortgspe, each snd evtry, promptly on the days respectively the same sewrally becorM due.
~ 2. To pay all ~nd sinp~lar the taxes. +ssesunenn, levies, liabilities, obliy+tiom and encwnMances of every n~tur~ ~nd kind now on s+id dswib~d `
prop~rty, a tl+at heresfter msy b~ imposed, wfferd. Placed, levied, w ass~ised thereon, or that hereafta may be kvied or aueased upon tFds Mwtq- ~
- sye, or tM indebtedness tecvred her~by, exh ~nd ~very, when due and payabM, aaordirg to law, befor~ tMy becan~ delinquent, and !»fon any intK~st ~
attaches w any pe~alry is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 8E PROMPTLY SATISFIED AND DISCHARGED Of #
~2ECORD AND THE ORIGINAI OfFICIAI DOCUNIENT (SIKM A5, FOR INSTANCE, THE TAX RECEIPT OR 1HE SATISFACTION PAPER OFFICIAILY ENDORSED ~
OR CERTIfIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and i~ the ev~nt tFut any thereof is not
pa:d, sat"tfied +nd diicharged saEd MORTGAGEE may ~t any time pay the ssme o? any pa~t thereof without waivinp a affectiny any option, lien, puity p ~
~~~ht u++de~ w by virtue of this mortgage ~nd the (ull amavnt of each and everyr such payment thafl be immed~ately due and p~yabk and sMll bear interest
~.om the date thereof until p~id st nte of nine per ce~tum per annvm and topether with suth interest s1u1?, b~}~~d by thq,~i~e ~:s mw9taye.
BOOK~i~V PJIGi~J
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