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Home My WebLink About2727 CORRECTIVE MORYGAGE ~ / ~~''5~1~ ~l~ iHIS INpENTURE. 1Nad~ ths lst day of June A.D. 19 73 betwecn _ Williaa R. Doolin4 and Eve2yn Doolinq, hia wife of $t.Lucie C~~~y florid~, hereinafter designered as the "MORTGAGOR," and FIRST iEDERAL SAVINGS AND IOAN ASSOCIATlOIV OF fORT PIFRCE, s corpaat~on org~nized u+d existing unde~ tha laws of 1hs Un~ted St~t~i of Amaica and haviny iq principal plue of buuness in 1M City of Fat Pi~rce, St. lucie County, Florida, heroinafter deiigna~ed as ti+~ "MORTGAGEE." WHEREAS tM MORTGAGOR is justly ir+debted to 1M MORTGAGEE in the sum of S 9~~~•~ ~ good and lawful money ol the Un~ted States ad~anced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a cer~a~n promissay note oi even date he.ewi~h, ol wh~ch tiie following in words and fi9ures is a trve copy, to-wil: S 9 , 600.00 r,~,10019937 fort Pisrce. Florida, JUne 1• _ 19 73 for value .eceived, 1, we a ei~her oi us, prom~se to pay, without defalcai;on, to the order of fIRST FEOERAI SAVINGS ANO IOAN ASSOCIATION GF fORT PIERCE at fat Pierce, Horida, the sum of S 9~6~•~ with interest fiom date a~ the rate of 8!~ °o per annum, in monthfy install- menrs as fo1!ows: S 81'~ on tlro l~tb day of `July , 19_ ry~nd a like sum on the correspond~ng day of each month there- afre~ until the whole be fully paid. Each installment first shall be applied in payment of the interest and then on the unpaid balance o( tht prinupa) tum. li default is made in the pay~nent of any insta~lment when due, and such defaull continues 30 days, then at Ihe option of the holder, a~d withoul any other notice, al! tiw remaining ~nsta~lments shall be due and payable'at o~ce. P~ivilege is given to prepay this nole in whole or in part at any time without ptnalty. Neitt~er torebtarance, nor acceptanca by the holder thereof after any deFault in any payments hereon, shall be deemed extens~on. ~ A tate payment charge of i~-, shall be added to each ins~allment remaining unpa~d 7 days after its due date, and a like sum ahatl be added to each such installment remain~ng unpaid 7 days after each 3ucceeding paymenf date. ~ ' Each maker, surety and endorser hereof, joinlly and severally, waives demand, p?esentment protest and notice of protest fw nonpaymenf, and further agrees to any extension of t~me of payment, e~ther before w after maeur~ry, witi~out not;ce to any of us; and to pay all costs of co~leaion, includ~ng a reasonable attorney's fee in the event of any deiault hereunder, and hereby severally waivea all be~efif of homestead and exemption under the co~atitut'wn and laws of each S~ate of the United Stales, as aga~nst this obligation w any extensia? or renewal hereof. ~ Witness the hand and seal of each party. . (SEAI) s/ Williaa R. Doolin4 ~s~i~ ts~?t) $1~.40 s/ Evelyn Doolin4 ~~u ( ) State Revenue (s+~w~'s•~cw~csu«?•«~-w+l~wa~ w«e~ 9 f)00.00 NOW, THEREFQRE, the MORTGAGOR for the purpose of securing payment of said wm of S ~ and fhe periormaoce of tha covenants and agreements hereinafter expressed, and fa divers good and valuable considerationa, by these presents, does grant, ba.yain, sef1, rem~se, release, convey and conf~rm unto the MORTGAGFE, its succeuors and auigns, alI that certain lot, piece or parcel of land, situate, lying, end being in the County of St. Lueie and Stste of florida, dewibed as follows: Lot 22, Block 7, TUCKER ?ERRACE SUBDIVISION, as per plat thereof on file iri Plat 8ook 4, page 54 of the public records of St . Lucie County, Flori da . This is a corrective aortgage given to correct scrivener's ezror in stating the block nwnber in the legal description of the real property described in that certain ~ortgage between these parties dated June l, 1973 and recorded in O. R. Book 2I4, page 2838, public records of St. Lucie County, Florida, which said mortgage is to remain ia full force and effect as though legal description of the security was corzectly stated therein as being in Block 7 as was originally intended. Class C Intangible P~rsonal Property Tax and Documentary Staaps Taxes have a2ready been paid. See Class C Intangilbe Persona2 Property Tax Receipt No. 132877. ; ~~i tit PAVMEtiC OE ~..'~S ~ tiECU`~~~ ~NjAtt8181f PERS~~- PR4PERIY~ ~ ?~'X` ~ ~ CNppiFJt 71•l3A ACiS OE 1871. pURSWWT POi~RAS ~ ~ ~~q{IT ~W1RT~ St. U3C!£ ~0. FlA ~ t ~ fogether with all and singular the tenements, hereditaments and appurtances thcreunto belaging or in anywiu appe?taining the~eto, and all rents, iuues, ! proceeds and profits accruing and to accrue from said premises, all of which are included in the sbove and foregoing description a~d habendum. # TO HAYE AND TO HO~D the above described and granted premises uMO the said MORTGAGEE, ib sutcesson and assigns forever. And the said i MORTGAGOR for --thelZ heirs, ezccutors, administrators and assigns, hereby covensnts with the said MdRTGAGEE, itt svccessors snd aagm, € that -~~y a~g-- lawfully seized of the said prcm~ses in fee simplr, that the ssme are free, clear and discharged from a~l liens ~nd encvm- ? brances in law or in equity, and that thev W~~~ 8r+d their heirs shall warrant and defend the tirte ro the same to the ssid ' MORTGAGEE, its successors and assig~s, forever agains? the lawful claims and demands of all persons; ~ PROVtDED, ALWAYS that if ~he MORTGAGOR shall pay unto the MORTGAC,EE the promissory note hereinbefore dewibed and shall iruly, promptly and fully perform, d~xharge, execute, complete, comply with and abide by each s~d every the stip~lationt, sgreements, conditions and covenanri of said p.omisso?y note and of this Mortg~ge, then thia Mortgage and the Estate hereby aeated shall cease and be null and void. 3 IT IS UNDERSi00D that the wwd "Moatgsgw" whNher in the singular w plural snywhere in thit Mortgage, shall be sirgular if one only and z shall be plural jointly and severafly if more than one, and that the wwd "their" ss used anywhere in thi~ Mortgage shall be takm to rtx~n "his,' "hen," i or "its;' wherever the canteat so implies w admits. Also, that whereve~ there is a reference in t}ie covenants and sgretments herein contained to ~ny o4 rhe parties hereto, the same shall be construed to mean at well as the heirs, legal representatives, successors and assigns (either voluntary by act of ths part~es or invoiuntary by o~rav;:,i; ~4 thr~ ls~; ef iFee eare±e and +hat the covenants herein contained sh~lt bind and the benefit: and advantages inure " ~ to the respective heirs, tegel represeroatives, successo?s and au~gns of the parties hereto. ? And said Mo~tgagors, for themselves and their hei~s, legal representatives, successors and assigns, hereby jointly and sevenlly covenant and ~gree ro and with the ssid MORTGAGEE, its successws and assigns: 1. To pay sl{ and singula~ the principal and interest snd the various and sundry sums of money payable by virtue of said p~omissory nole, and this mwfgage, esch snd every, promptly on the days respectively the same severalty become due. 2. To pay al! snd ~irgular tF~e taxes, assessmenb, levies, liabilities, obligsYw~s and encumbr~nces of every nat~re and kind now on said dewibed property, or thst hereafter msy be imposed, suffered, placed, Ievied, o~ auessed thereon, w that heresfter may be levied a~uessed vpon fhis MortQ- ~ age, w tfie indebted~eu sec~red hereby, each and every, when due and payable, accarding to law, before they become delinqueM, and before ~ny interdt - attaches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE $AME $HALL BE PROMPTLY SA~ISf1ED AND DISCHARGED OF RECORD AND THE URIGINAL OFFICIAI OOCUMENT (SUCH AS, fOR lNSTANCE, THE TAX RECEIAt OR ?HE SATISFACTION PA?ER OFfIC1AlLY ENDORSt:I ~ OR CERTlflED) SHAIt BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in tF+e event that any thereof is not _ ~a~d, saYsfied snd discharged sa'd MORTGAGEE may at any time pay the same w•ny part thereof without waiving or affecting any option, litn, equity oi .iqht under or by virtue of this mortgage and rhe full amoun? of each and every such payment shall be immediately due and pay~ble and shall bear interesr ~.om the date thereof until paid at rare of nine per ~eMum per annum and together wilh such inter~'t~hall be secured by the !~en of th:s +norgtsge. ~~~.r iA~: