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• CORRECTIVE MORTGAGE
TMIS INOENI~RE, Mad~ th~ 16t~1 day pf ~ JUlY /?,D. 19~,. Mtw~
K-i +~h T P s on ar~d Ma»rae,n prr~gtp~11 i~1,iS ~i fsa '
of Gt' . ~C~e.______~ Counfy Fbrida, hN~in~ft~? d~sipMttd th~ "MORTGAGOR," ~nd FIRST fE~ERAt ~SAVfNGS /1ND IOAN .
ASSO~IATION OF FORT PIERCE. • corpa~tion aniz~d and ~xist' ue?da ~M Isws of ~M ll~ited Stat~~ of An»riu and ha F
busirnss in tM City of Fat Piwa. St. Luci~ Co
x~ty~ FIOt~ MffIMNa daip~at~d a tM "MORTGAGEE." ~+0 iri pincipal plac~ of t
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WHEREAS Ih~ MORTGAGOk h justiy 4id~bt~d ro th~ MORTGAGEE in ths ium of : 2 4~ 3 O n.~ 0 .~ood snd Ih,vt~l ma?sy of tM Un~ted t
Stst~s ~dvancad by th~ MORTGAGEE unto th~ MpRTGAGOR, a~ ~vidsnced by ~ certain promissory not~ ot ~wn dats herwvith, of whicl~ tM iollowinp in ~
wads and fipurn is a trw copy, to-w(1:
:24,300.00 N,ttoeQt 7 t
Fo+t PiKC~. Florid~, ~_?uT 19~,~._
fo? value raceived, I, we or eithe? of us, promis~ to pay, wi~hout defalcation, to tM wder of FiRST FEOERAL SAVINGS llNO IOAN ASSOCIATION OF
fORT PIERCE at Fort Piate, Fbrida, flw :um of = 24 ~3dO . ~a with interetl fram date ~f th~ raf~ o(~.as._96 pu ~nnum, in ma~thly FnitalM z
me~n ss follows: t 2~.9 • ~ ~ cn the ~~1. day of AuQ1Lg t ~ 19_~_ snd a lik~ sum on the care~pondinp day of sach month thsrr
after until tF~e whole bs fully p~id, _
Each insqliment first sMll bs ~ppGed in payment of ti+~ interest ~nd then oo the ~npaid b+taoce of the princ~p+) swn. If defauh is mad~ in tM
payment of any inftaliment when dw, and such default continues 3p days, then at tFw option of ths hoider, u~d without any otF~er notice, a11 the ?emaininQ
installmeny shall ba dus and payab)e at once. Privilegs is yiven to prepay this note in whole a in pan at soy Yime wi~hout pen+~ry. Neither fwebearu~u,
nor ~aeptanca by tM holder thereof after any default in ~ny payments hereon, shall b~ deemed extens'an. A I~te paymeat char~ of =~5., sMll bs
added to each imt~ilment remaining ~~pa;d 7 days afier in due date, aod a like sum shall be ~dded to each sucF~ insfallmenf rem~ininp ur~id 7 days aher `
each wcc~sdiry payment date. +
Exh maker, surey snd endater htrwf, joinNy and teverally, w~ives dem~nd, presentmeM protest a~d notice of protett fo~ rwr?payment, and further
agrees to ~ny extension of time of payment, eithe~ before a after matwity, without ~otice to sny of us; and to pay all cosn of coltectio~, inctudinp ~
reasonabte attorney's fee in the event of any default hereunder, and Mreby ssvenUy wsives all benefit of homesfead snd exemption vr~der ths tonqitutio~
and laws of each State oi the United States, as sgainst this obligatioe~ a any extensan or renewal hereof.
Witness the hand and ieal of exh party. ,
S/ Keith T. P~eaton ~
(5~?U
S f Mau n p~ten ~ ~ ~y
I ~Y~~~ ) srar~ Revenue ~ • ~u
lbera~eseadl.~~ ~ , .
NOW, tHEREFORE, tf~e MORTGAGOR for the purpose of ~ecvring p~ymeM of ssid sum of ~ 2 4~3 O O_ ~ ~ ,r ~nd tM pe~far~mapae of ths
covenanb and ayreementi hereinafta expressed. and for dvers yood u+d v~lwbk consider~tioe?s, by theye pretent~, does yiMf, bsrysiq cell, ~emise,
release, tonwy and confirm unto the MORTGAGEE, iri succeuors and sssigns, ~II tMt certain lof, piep or parcet of Isnd, sitwtf, lyirg, and beinp in th~
Counry of $t. I+L1Cle and Stat~ of Piwid~, dewibd ~t fdlows:
Lot 26, Block L, MARAVILLA ESTATES, as per plat thereof on file in Plat
Book 8, page 77, of the public records of St: Lucie County, Florida,
/
This corrective mortgage is executed and recorded in replacement of that
certain mortgage which is of record in O. R. Book 216, page 2780 and 2781,
which said mortgage, through scrivener's error, described above Block as
being M. The intangible personal property tax and the documentary stamp
tax has already been paid. See Class "C" Intangible Personal Property
Receipt No. 133466.
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~r,~er s..11~~ r rx~aa~r af a~
ouE aN a~ v~~ r"0r~a~
~ ~ ~n.~ of iwi. ~ ~ Gr
- a~ ~ pptllrt. S~. tJlGE Cd., Fu
together with all and singular the tenements, hereditsmenri and ~ppurtances thereunto belonyiny w i~ anywise apprrtsinirg thersto, aed all renn, iasws,
proceeds snd profits ~cu~ing and to acuve from ssid premises, aQ of which ~re indirded ~ the ~bow and fore~okg description and habendum.
TO HAVE AND TO HOtO ths sbove desaibed and granted premises unto tht said MORTGAGEE, i1s woctssors u~d auip~u for~vK. Md th~ s~id
MORTGAGOR fw thP_ i r ~~n~ executon, administrstws and ~uiyra, h~reby coven~nn with the said MORTGAGEE, in waesfon and assipro,
rhat th~ ar'E' lawfvily seized of tF~e said premises in fee iunple; th~t the ssme u~ fre~, clear and dixhu~sd from ~II liens and. ancum- ;
bra?xes in I~w w in equity, snd that ~ey will-~nd their heus sMll wsrrant ~nd dtfend t}w titb to the sartw to the s+id ~
MORTGAGEE, in wcceswrs a~d auigro, forerer ayainst the lawful claims and d~mands of all personsj
PROVIDED, ALWAYS th~t if tM 1MORTGAGOR shall p~y unto tIro MORTGAGEE the prwniswry note hereinbefon desoribed a+d thal! truly, p~omptly
and fully perfo~m, di~durQe, execurs, compkte, comply with and ~bide by each snd every the stip~lations, a9reemenn, canditioro a~d oovenanb of aaid
promiswry ?ate aod of tha Mortgase, then this Mwty~ye and the Estate hereby veated shall oeas~ and be null and void.
IT IS UNDERSTOOD tl+at tlro word "Mortyagor" whether in the sinyulsr or plwal anywh~r~ M tF~is Mat~aye, sh~U bt sir~utx if on~ only ~nd
~hall be ptural joinMy end ~everally if mort than one, u~d tl~t tha word °their" ~s wed anywhsr~ in this Mwt9ape shall be taken to me~n "his," "hKS,"
or "in," whereva the context w impliet w admib. Also, that wherever there is • r~ference in th~ oovenants ~nd ~pr~emeny herein oont~ined to ury of
the panies hereto, the same shalt be wnstrued to mean as well as tM heirs, lepd represenatives, wccessora and a~sipns (either voluntsry by sn of th~
p+?ties a invotuntary by oper~tion of the law) of the same and that the coven~nts herein contained sh~ll bind ~nd tM b~n~fib and adv~ntag~t fnw~
to the respeniw heirs, ky~l represenbtives, successon and asi?~ro of the puti~s he~eto.
And wid Mortgspors, for themselves and their heirs, leqa( representatives, successors ud usigra, hereby jointly and severa!!y ooverunt and aprte
to and wifi~ the aaid MORTGAGEE, in suuessors and ~uiyr~: ~
1. To pay all ~nd sinyular ths principal and lMNM1 atld ?F1Q v~r'aua and wndry wms of money paYabl~ by virt~e of uid promissory note, and this
mortp+~e, each and ~very, promptly on th~ days respectively 1FK sama ssv~rally become dus. ~
2. To pay all and srtgular N~e tazes, uscsune~b. Iwies, liabilifies, obliqatio~s and encvn~a~ca of every natw~ ~nd kind now on raid daaibd
w~Y• or thit heresfter maY be +mPcsed, suffered, plaad, levied, a ~uessed thereoe~, or th~t hereaher may b~ levied a asNSSed vpon thi~ Maq-
ays, a tlw ind~btedness aacvred hereby, sach and ~very, wMn dw and payabl~, accwd;rg ro law. Mfa~ tFwy bstwne dtlinqvent, u+d btfon ~ny int~.es1
ett~ches w any pe~aity is i~twrtd; AND INSOFAR AS ANY THERfOF IS OF RKORD 1HE SAME SHAII BE PROAMTIY SATISFIED AMD OISCHARGEO OF
RECORD AND THE ORIGINAI OFFICIAI OOCUMENT (SUCFS A5, FOR INSTAIVCE, THE TAX RECEIPT OR THE SA715FAC710N PMER OFfICIALIY ENDORSED ;
Ott CERTIf1ED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WiTHIN TEN DAYS NEXT /tfTER PAYAAfMT; u~d in the ewr~t tlut ar+y Niereof is not '
paid, sat'sfied and dischiryed ss:d JNORTGAGEE may at any f~me pay the iame a any pan thereof without waivir?p or ~ffectinp ~ny option, lien, equiry w
++qht under w by virtw of thn mortgsge and the full amount of esch and every such p~yment ihall be imr.~ediately due and psyabk ~nd shall btai intaqt
~.om the date ihereof until psid ~t rafe of nine per ce~tum per ~nnum and toQeti~er w;th wch interest sh~ll be s~cured tFw lien of th:s morytapt.
_ eo~21~ PACE1539
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