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Home My WebLink About2952 CORRECTIVE MO[2TGAG6 W j~~79305 THIS INDENTURE. Mad~ the 15th day of AUQUSt , A.D. 1972 ~ bshn~en Franco Roqolino and Juanita Rogolino~ his wife of $t . ~'uCiQ Covnty Flaid~, hereinaile? designated +s tM "MORTGAGOR;' and FIRST FEDERAL SAVINGS ANO IOAN ASSOCIATION OF iORT PIERCE, ~ co~po?ation wyanized a~d exi~tin9 unda tha Isws of the United Stat~t of Am~ric~ ~nd havinp tt~ principal place of busineu In 1M City of Fort Pi~rc~, St. luci~ County, florid~, hcreinaft~~ des~pnated as tM "MORiGAGEE:' WH:REAS the MOQTGAGOR is justly ind~bted to th~ MORTGAGEE in the sum of s 2O 2~• 0O 9ood ~nd I~wful money of the United ; Statei advanced by the MORTGAGEE unto the MORTGAGOR, ss evidenced by a cerlai~ promiuory note of even date Mrewith, of~wh~ch the followinp i~ ~ words and fgures ii a true copy, to-wif: :20, 200. 00 3-18 676 FoA Pierc~, Flaid~, AuqUSL 1 S 19~_ Fw value received, 1, we w cither of us, prom~se to pay, without defalcation, to 1he order of FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE at Fat Pierte, Florida, the sum of = 2O ~ ZOO. ~0 rv;th interest from dste at the rate of 7• S% per a~nun?. in monthly install- .nents ss fotlows: =1SU.0~ ~ t~ LSL day of~Celll~el , lq 72 and a like aum on the correspondiny day of ~ach month therr a(rer until Ihe whole be fully paid. Each installment first shall be applied in payment of the interest and then on the unpaid bale~~ce of tne princip~t sum. If d ault is msde in the Favment of any installmenl whe~ dva, and such defaull continues 30 dsys, then at the opt~on of the holder, and without any other notice, all ths remaining ;~sialtments shall be due and psyable at once. Privilege is given to prepay this note in whole or in part at sny time without penslty Neithe~ fwebaarante, nor atctptants by the holder thcreof after any default in any psyments hereon, shall be deemed e:tension. A tate payment thuge of = 7• SO thall be added to each installment remaining unpa~d 7 days after its due date, and s like sum shall be added to each such instatlment remainirg u~paid 7 days after each s~cceeding payment date. Each maker, surety ~nd endorur hereof, jointly and severally, waives demand, presentment protest and notice of protest for rwnpayment, ~nd further aqrees !o any extensan of time of payme~t, eithe? before w after maturi~y, without nonce to any of us; and to pay all costs of collection, includlny a reasonable attorney's fee in the event of any defavlt hereunder, and hereby severally waives atl benefit of homestead and eaemption u~der ihe cautitutan ' and laws of each State of the United States, as against this obligation w any extension o~ renewal hereof. Wirness the hand ~nd seal oi esch pany. s/ Franco Rogolino ~U (s~?t) s/ Juanita Rogolino cs~,?u ; NOW, THEREFORE, the MORTGAGOR for the pu~pose of securing payment of s+id sum of = 2O ~ 2~0• and the perform~nce of ths covenants and agreement~ hereinafter ezpresud, and fo~ divers good u+d valuable considerations, by these presents, does grent, bsrgain, sell, remise, releasa, convey and confirm unto tM MORTGAGEE, ib successors and ~uigns, all that certain lot, piece or parcel of I~nd, titu~te, lying, end beiog in the County of St . LUC 1@ _ ~nd 5tate of Flwida, described ~i iollows: . ~ The North ~ of Lot 11 and all of Lot 9, Block 3, ytARAVILLA GOLF PARK, AS per plat thereof on file in Plat Book 5, page 43, of the Public Records of St. Lucie County, Florida, t This mortgage is executed and delivered in lieu of a mortgage of even date herewith from mortgagors to mortgagee which inad- vertently described real property 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 715, Public ` ! Records of St. Lucie County, Florida, and on which the intang- ~ ~ ible personal property tax and documentary stamp tax has been ; ~ paid. ) ~ ~ . ~ ~ ' ~ IN PArMENT OF TAiIE3 ~ ~IE 011 C:A~S 'C' !N~ANGIBIE PEsSpMq~ rAppERn~ ~ PU~N~WT TO Cw~~r? ~)•13~, ACTS OF 19/L ~ r ea;~t roirw~s ~ ir ~ CIACl11T COURT, sr, wc~ op~,~ ~ogether with all and singul~r the tenements, hereditaments snd ~ppurtances thereunto belaging o~ in anywise apperisininy fherNo, a~d all rtnb, issues, proceeds and p~ofits acvuing snd to scvue from said premises, all of whicfi are included in the abov~ ~nd foreyanq description ~nd h~ba+dum. TO HAVE AND TO HOLO the sbove described and granted prem~ses umo tF+e said MORTGAGEE, iri successon a~d suiyra fwev~r. And t!» iaW MpRTG GOR for t he ir heiri, executws, administratws and assigns, hereby cwenants with tM s~id lNORTGAGEE, itt sutc~swra and +uiprn. ~ rhat t~ey aYe lawfully seized of the sa~d prem~ses in fee simple; tMt tl+e ume are fre~, ck~r ~nd discl+~ryed from ~II liens u~d ~ncw~r ~ brances en Isw a in equity, ard that they w~~~ tf1@lI hein sh~ll warrant and defend t1+~ titb to tM sarrw to tM said MORTGAGEE, ib successort and auigns, foreva against the lawful claims ~nd demards of all persons; ~ PROVIDED, AIWAYS that if the MORTGAGOR shsll p~y unto the MORTGAGEE the promiswry note hersinbefw~ destribed and shall truly, promptly and fully perform, diuMrge, execute, compkte. comPlY with and ati~de by each and every the stipulation~, agreemer~ts, conditiaa and covenanb of said ~ promiitory rate ~nd of this Mortyage, then this Matgage ~nd the Esate hereby nested ~++11 ceas~ and be null and void. ` IT IS UNDERS100D th~t the word "Mortgagw" whethcr in the singular o~ plunl ~nywhere in this Mwtysye, shall b~ sirgular if one only and ~r ~ shall be plural jointly and seve?ally if more th~n one, and that the wwd "theii' as used ~nywhere in this Monyayt sh~ll be taken to rrK~n "ha,•••'hers;• or "its;' wherever tix context w implies a admitt. Also, that wherever there is a reference in the covenants and ~yreemenh herein conUined to ~ny of ~ the pari~es herero, the ~+me shall be comtrved to mesn as well ss the heirs, legal rep~eaentstive~, wtcesson ar+d assiyro (either wlunury by ~cf of th~ ~ parties w involuntary by operation of the (aw) of the same and that the covensnb herein tonui?xd shall bind and the berKfits snd advantays inun ~ ro the respective he+n, legal representatives, successon and ais~m of the psrties hereto. Md said Mortysgort, fo? themselvts snd tF~eir heirs, legal represeM~tives, sutcesiors a~d ~aiyns, htreby jointly and sev~rally covenant and a~r~e ~ eo and with the iaid MORTGAGEE, its successors and auigns: ~ 1. To pay a~l and sinpular tM prirxip~l and imerest snd the varavs and iundry sums of money p+y~ble by virtve of said promissory note, and this ~ mortysye. ~ach and every, promptly o~ tl» day~ respectively the same sev~nlly become due. ~ 2. To p+y ~11 +nd NII9VIN f~1! 1~1Ilf, auesunenri, levies, li~bilities, obligstiau and encumb~+nces of every n~ture ~nd kind now on said describ~d ~ D~ope~ty, a that hereaRer may b~ impot~d, wffered. Placed, levied, w ~uessed thereon, a that heresfter may be levied a ~uased upon this Mortp- age, or tM indebfedneu seevred hereby, each +nd eve?y, when dw ar+d pay+ble, accordirq ro law, befw~ they become delinquent: ~nd b~for~ any int~r~st ~ ~ artaches a any penalty is inturred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 8E PROMPTIY SATISf1EO AND DISCHARGED OF ~ RECORD AND THE ORIGINAI OffICIAI DOCUMENT (SUCH A5, FOR INSiANGE, THE TAX RKEIPT OR 7HE SATISFACTION PAPER OFFICIALIY ENOORSED ~ OR CERTIFIED) SHALL BE PUCED IN ?HE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd i~ the ~vent that ~ny tMreof ii not paid, s~t'sfied and diuhar9ed sa:d MORTGAGEE may ~t any time psy the same or sny part thereof witiw~t w~ivirp or affectiny ~ny option, lien, eq~ity w •~qht ~nder a by virtue of this mortgsye and the fvll amount of each and eve~y such psyment shall be immediately d~e and payabk ~nd shall bear intereft ~ ~.om the date thereof v~ril psid ~t r~te of nine per centum per annum snd together with ~uch interest shall be secured by the licn of th's moryt~e. ea~K~~ Ya~: ~ - - _ r-~ ~ ~ - ..~.r,~ ~ ~ - ~ -