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Home My WebLink About2180 , CORRBCTIVB WDRTGAGB ' 2Fj1,~SO ~ THIS INDENTURE, Mad~ th~ 24~h day of `J~~xy - ~ A.D. 19 73 ~ b~twNt1 , ~ ~i Williau~ Chen aad OoYis Chen_,,~ his wife o{ _ St • 1.uC~e ~~pmty Florida, Mreinafta detignated as tM "MORTGAGOR;' and FIRSi FEDERAt SAYINGS AND IOAN ASSOCtAT10N Of fORT PIERGE, • corpontion wyanizsd and ~xistir~y ~nder t}k laws of tM United St~t~s of Amsrica and havir+y iri princip~l pl~c~ of buun~ss in th~ City of Fort PiNC~, St. lucis County,• Florids, hN~inafttr d~sipnatsd ~s tM "MORTGAGEE." WHEREAS th~ MORTGAGOR is iustly indebted to ths MORTGAGEE in the aum of ='41 ~2~~ ~ pood and tawfui monsy of the Unifed States ~dvanced by ths MORtGAGEE unro the MORTGAGOR, ~a svidenc~d by a cenain promissory nou of eveo daa herewith, of whlch ths followiny in words and figures i1 a trw copy, towit: =42,200.00 ~ 10019329 Fort Pierce, f(orida. •1aIlUaYy ~ ~y'I3 Fw value received, 1, we w eithe~ of us, prom~se to pay, wi~hout defalcation, to the orde~ of fIRSf FfDfRAt SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, Florida, the sum of ; 41 ~2~~ ~ with inte~est from date at the rste oi 7~ 5°Xa per annum, in monthly instal6 mems as followi: t 3~~~ on the l~bday of `J~y , 19 73 and a like sum on the cwrespondlnp day of each month therr after until the whole bc fully paid. Each instellment first sha11 bs applied in payme~f of ths interest and then on the unpsid balar+ce of the princip~l sum. ff defauU is made in th~ payment of any instaltment when due, and such defautt conrinves 30 dsys, then a~ !he option ot Ihe hofder, and without sny oth~: no~lce, all the remsining install~~cn?s shall be due and payaN~e a~ once. Privilege is yiven to prepay this note in whole w in part at aoy time without penal~ y. Neithcr forebesra~ce, • nor acceptante by the holder Ihereof aiter any default in any p~yments hereon, shall be desmed extension. A late payment cha~gr of 9~ 1O shall be ' added to ..d. :..~..u~.,~~.t r-:,.as~.cng v~.yaid ~ days sfter Irs due dats, and a like sum shall be added to each such instatlment remainirg unpaid 7 days after 1 each succeeding payme~t date. . ~ Each make~, surety and endorser hereof, jointly and sevesa~y, waives demand, presentmem protest and notice of protest fw nonpaymenf, and furthe~ ~ agrees to any extensan of time of payment, either Defore w after maturity, without notice to any of us; and to pay all costa of collection, includ~ng a reasonable attwney i fee in the event of any defautt hereunder, and hereby teverally waives all benefit of homestead and ezemption ~nder the constitution and laws of each State of ths Urtited States, a~ against this obligation p any extension or renewal hereof. Witness ~he hand and seal of each party. . , . ~ : ~Au ! > a i liam Chen ~~U ~ cse~w ~ s s Chen ~ ( a State Reven~e (St7hlplTrll!lMad~lt bll~!!!lPAE~1!) NOW, THEREFORE, tF+e MORTGAGOR for the purpose of securing payment of seid sum of = 41 +2~~ , ~nd the performancs of ths covenants ~nd ayreements hereinafter expressed, and fw divcrs good and valuable considerations, by these presents, does gran~,- baryai~, sell, remise, retease, tonvey and confirm unto the MORIGAGEE, it~ successo+s and, auigns aU that certai~ lof, piete or psrcal of Isnd, situate, lying, and beinp in ths Counry of - $t. Lncie , and State of Plorida, described as follows: Lot 8, Block 179, 9DU?H PORT ST. LUCIB, UNYT 11~ as per piat theseot on file in plat ~ook 15; Pages 15A-ZSC~ of !he Pub2ic Recozds of St. l•ucie Caunty~ Florida~ . . This corrective mortgage is executed and recorded in replacement of that ~ certain mortgage v~hich is of record in O. R. Book 213, page 2026 and 2027, ~vhich ~ said mortgage, thxough Notary's error of omission of seal was iA complete. j The intangible personal property tax and the docvmentary stamp tax has a2ready I been paid. See Class "C" Intangible Personal Property Receipt No. 134006. ~ ~~Q1'`'~"' ~d ~l~r~r oF ~u~s WE 0:~ CIASS 'C INTAN6IBLE PfR90NAl WIOPERIY. pURSl111Ni 70 dIMTER 71-134. ACZS Of 1971. ROGER PORRAS . aeac aNa+rr ooura, sr. cnc~ ao, Fu ~2 ~ I ~ . i together with ~II and singvlsr tF?e tenements, hereditaments and appurtances therevnto belongeng a in anywise appertainirg there% and all renb, iuws, ~ proceeds snd profits acuuing and to accrue from said premises, all of wiiich are included i~ fhe aboV! snd forayoirg description and hsber?dum. i TO HAVE AN~hO NOLD the above described and granted premises unto the said MORTGAGEE, iri succeuors and ~stgns forwer. Md fh~ wid ~ MORTGA~O R to~ e~r t.ein, o:..c~+on, sc+ml.+c~~nton and assipns, hereby covensnb with the said MORiGAGEE, ih succetsors ~nd ~ssigm, rhat - the-3~ ~e-- lawfvlly seized of the said premises i~ fce iunpie; that tht sam~ are free, ciear ~nd diLCharyed from all liens and encwo- brances in law or in equiry, and that thev M,~~~ a~( their heirs shell warrant and defend the ti11e ro the s~mt to tM said MORTGAGEE, its successors and auigns, forever against the lawful claims and demands of all persons; - PROVIDEO, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiswry note hereinbefwe described ana sfi+U trvly, promptly and fulty perfwm, diuhsrge, exec~te, complete, comply with and abide by each and every the stipulations, ayreemenn, condi!+dn +nd co~w»anb of said promis~ory rate and of this Morrgage, f}~n this Mortgage and the Estate hereby ue+ted shall ce~se snd be null snd wid. ago ' IT IS UNDERSTOUD that tFx wwd "Mortgagor" whether in the singutsr or plv~al anywhere in this Mwtgage, sh~ll be singulsr if one only ~nd f shall be p~ural jointly and severally if more than one, and that the word "their" as used a~ywbero in this Mwt9s~e sMlt be •sken to meu~ "hh," "hen," w"its;' wherever the context w impl'ees w admits. Also, thst wherever there is a refe?ence in the covenanb ~nd ~yreemenfs herein tonuined to any of ~ the parties hereto, the ssrm shall be construed to mean as well as the heirs, 1e9a1 rsprescntatives, wctesson s~d assigns (eilFur voluM~ry by act of tM partiet or involuntary by operation of the ?aw) oi the seme and that the covenanb herein contained shall bind and t!?e benefib ~nd advantayq irwr~ s to tfie respective heirs, leg~l repreunt~~ives, sircceswrs and ass~gns of tF~e parties hereto. ~ Ar~d said Mutgagors, for tfiemulves and_their heirs, legal represenutivet, succeupt and auigns, hereby joinHy and severally covenant and apree ~ to and with the ssid MORTGAGEE, its successors and suigns: j 1. To pay ~II and sirgular the principal and intrrest and fhe various snd wndry sums of mo~ey pay~ble by virtue of ssid promisswy note, and this mortgsge, each a~d every, promptly on the days respectively the same severslly become due. ; 2. To pay all and singular tF~e taxes, auessments, tevies, tiabilities, obligstions and ee~c~mbrances of every nature and kind raw an uid deutibed ~ property, or that hereafter m~y be imposed, wffereQ, placed, lavied, w ~ssessed thereon, or that F~ereafter may b~ {evied p assessed upon this Maf¢ sye, a the indebtedness secured he~eby, euh and every, when due and payable, accwdinp to bw, before tAey becane delinq~ent, and befwt a~ imaest ~ attaches w any penalty is irxurred; AND INSOFAR AS ANY THEREOF IS OF RKORO iHE SAME SHAII dE PROMPiIY SAilSfifD AND DISCHARGED OF ~ECORD AND THf ORIGINAL OFFICtAL DOCUMFNT (SUCt1 AS, FOR ~NSTAPiCE, THE 7AX RECEIPT OR TME SATISFACTION PMER OFFlCIAILY ENDORSED y OR CERTIFIEO) SNAII BE PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; ind in the event that any thereof is not paid, sat'sfied and discharged sa;d MORTGAGEE may at any time pay the aame w any part thereof wit}wut waivinp a sffecting sny option, lien, equity Or •1qM under ~ by virtue of this mortgage and the full amount of each and every svch payment sh~ll be immcdietely due and psy~ble +nd shall bear intere~t ; ~.om tF~e date thereof until paid at rale of nine per centum per annu:~ snd to9ether vM?h~ur~~~st ~ha(I be secured by d?e lien of ?h:s mwgtsye. ' seoK rr ` Gf , ~ Fa z171 ~ ~ :~Y ~ _W:s-~ ; _w , = y_ _ . _ . .