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Home My WebLink About1196 C~ORRECTIVE IM~RTGAGE 263180 .r. THIS INOENTURE, Mad~ tAe 29th day of Auqu~t A.C. 19_ 73, betwee~ Re9is D. ?refalner and Genevieve S. Trefelr~,~i~, wife ~ of St . LuCi@ County Flaida, MreinaftK deignated as th~ "MORTGAGOR;' a~+d FIRS? FEDERAI SAVINGS AND tOAN ASSOCIATtON OF FORT PIERCE. a corporation orp~nized ~nd exi~~irq under ~M laws oi tM United St~t~a of Americ~ ~~d haviop in principa! place of buiir~eas in t!w C?ty of Fort Pitrte, St. luti~ Couny, Florida, hereinafttr dttignsted tM "MORTGAGEE." WHEREAS tM MORTGAGOR h jwtly indebt~d to th~ MORTGAGEE in the ium of s 22 ~ 4~ • 00 yood and lawful money of 1he Un~ted States advanced by tAs MORTGAGEE unto ths MORTGAGOR, as evidenced by a certain promissory r?ote of even date herewith, of wh~ch rhe fo!lowinp in wo.ds and fiyures is a trw copy. ~o-wi~: s 22, 400. 00 1002039~ ; . Fwt Pierce, F~o.;d., August 29 ~y 73 Fd value received, I, we a aither of us, promise to pay, wi~hout defalcation, to the order of FIRST FE~ERAI SAVINGS AND LOAN ASSOCIATtON OF FORT PIERCE at fwt Pirce, Florida, the sum of f ZZ ~ 4~• ~ w~th interest (rom date at the rete of8 • 7S°1; per snnum, in monthly instaH- ments as follows: fl$$•~ on the2O~h day of ~~~er 19 73 and s iike sum on the corresponding day of each month thar~- after unfil the whole be !ully paid. Each irtsta~lme~t (irst shall be applied in payment of the interESt and the~ on the unpaid balance of the principal sum. If defavlt is mads in the payment of any insta~lment whe~ due, and such default conlinues 3p days, then at the option of the holder, and without any other notice, all the remainirg ~~~srallrr.ents shall be due and payabte at or?ce. P~ivilege is given to prepay ihis note in whole or i~ part at a~y time without penalty. Neither forebearance, no~ atceptance by the Iwlde~ thereof after any defautt in any paymenfs hereon, ahall be deemed extensio~. A late paymc~t chargs of ~ 9•25 thatl be added to each i~stallment remaining ~npaid 7 days after ifs due date, snd e like sum sha~l be added to each suth installment remiining unpaid 7 days after each succeedi~g paymc~t date. • Each maker, surety and endwur he?eof, joinlly and severally, waives demand, presentment protest and notice of p~oteat fw nonpayment, ~nd furtF?er ag~ees to any extens"wn of time of paymeM, either before a after maturity, without not~ce to any of us; and to pay all costs of cotlection, including a reasonable attwney's fee in ine even~ of any UCIOVi( 1101cV~~3er, ar~i ;.e:e'sy se~e:a::y xsives s!! ~~efet ef !~mes~ead ancl exemp~im under the constitution a~id laws of each State oi the United States, as against this obligaiio~ w any ex~ension p fllltWal FlttlOf. ; Witneas the hsnd and seal of exh party. S~ Regis D. Tzefe2ner } - - - cs~u) - nevieve . ~U - 1 ~ St~te Revenue ~U p ~ ~seMtsl~~~guwt aew~ NOW, THEREFORE, tM MORTGAGOR for the r 2Z' 4OO OO i p~i pose of secvring payment of said sum of i ~ • and ths perfpm~ncs of ths covenants and agreemenq hereinafter expressed, and fw d~vers good ar~d wlvable considerations, by these preients, does g~ant, bary~in, ull, remise, release, convey and confirm unto the MORTGAGEE, iri tuccessors ind auigns, all that certain lot, piece or pucel of land, situate, tying, and lxing in 1hs i Counry of St •~Cie end Sate of Flwida, deacribed ~s follows: ; Lot 16 and the West 25 feet of Lot 15 LBSS the Nbrth 10 feet thereof, Block 1, 1 FRANKLIN PARK ADDITION, as per plat thereof on file in Plat Book 6, pac}e 56, of ~ the public records of St. Lucie County, Florida«~ ~ ~ s RECEFYED:~'~ / IN PAYMENT OF TAXEr DIIE ON CLASS'C INTM161BLE PERSONAL PROPERtYL p~M1 TO CWIPTER 71-134. lIQS OF 19~1. ~t Rpr,ER PORRAS q,pll~( OIAGtR OOUItT, St. WCIE 00. ~ This corrective mortgage is executed and recorded in replacement of that certain moztgage which is of record in O. R. Book 216, page 476 and 477, which said aort- gagQ, through scrivener's error, desCSibed above FRANKLIN PARK AflDIYION as being FRANKLIN PpRK SUBDIVISION, as per plat th¢reof on file in Plat Book 6, page 32, of the public records of St. Lucie County, F2orida. The intangible personal property tax and the documentary staap tax has alseady been paid. See IAtangible Personal Praperty Receipt No. 133854. s 4 i r toge ' si ut~~ ?he tenements, hered;tamenti and sppunantes thereunto belonging w in snywise appertainirg theteto, and all renri, issues, proceetls snd profits acu~ing and to acu~e rom sa~em~ses,"slT`of whi~aPe'"in2(8ilN!-11f'fhe' -~nd.Mbe~vn~______~ TO HAVE AN TO HOtD the above described and grented premises uMO ths aid MORTGAGEf, its successon and auiyns forever. Md t!w qid i M,ORTGAGQR fa ~he lr ~;R, executors, administrators and assigns, hereby tover?snq with the ssid MORTGAGEE, its sueceswn ~nd ~ssipns, Lf~@yI a??'e rhar - lawfully u+z the the said premises in f~he 1 Ire; that the same are fres, clear ~nd discl~arged irom all Ikru and encum~ brances in law w in equity, end fhst y will and hein sFisll warrant and defend the title to the sams to ths s+id MORTGAGEE, its succeuors and auigm, fwever ~gsinst the Iswful claims and demands of all persons; PROVIDED, AlWAYS that if the MORTGAGOR shail ~ p~y umo the MORTGAGEE tFro promissory note hereinbefore described snd thall truty, promptly and fulty perform, diuharge, execute, tomplNe, comply with and sbide by each and every 1Me stipulstions, agreements, cond~riwu snd coven.~n of said ~ promissory note and of this Mortgage, tlxn thii Mortgage and the Estate hereby aeated shall ce~se and be nu11 and void, ! IT IS UNDERSTOpD that the word "Nlatgsgor" whether in 1he singutar or plursl anywhete in this M~ortg~ge, shsll be sinQular if on~ only and ~ sfiatl be piurat joi~tly snd sever~lly if more than one, a~d thst the wad "fheFr" is used anywhere in thia Mortgage shall bb taken ro mean "his;' "hen," i or "its;' wherevet tFro context so implies o~ sdmits. Also, that whereve~ there is a referente in the covenants and agreeme~fs heroi~ contained to any of tF.e panies herero, the same shall be co~strued to mes~ st well as the heirs, legst representativd, :~raessors snd atsigns (eitlx~ voluntary by scf of th~ panies w involuntary by operation of the law) of the same and that the covenants F+erein contai~ed shsll bind and the benefiri ~nd adwntapes irwrs ro the respettive he'us, legal reprexntatives, wccessors and •u~9ns of the parties hereto. And said Mortgsgon, !or themselves snd their heirs, kgal representstives, succeswn and aui~ns, hereby joiMly and severally covenant and spree to and with fhe iaid MORTGAGFE, ;ts s~ccessors ~nd auigns: 1. To pay all and singulsr 1F~e principal and interelt ~nd the variovs and s~ndry svms of rtqney payable by virtue of said promissory note, and this mortgage, each and every, promptly on the days respectively the same xverally become d-.x. 2. To p~y ~II and ~inpular the taxes. ~ssessrr~en», levies, liabilities, obligstio~s and encvmbr~nce~ of every nswre •nd kind now on said described property, p that he~eifter rrwy bs imppsed, suffereA, plxed, levied, p asseued thereon, w tiat hereafter msy b~ levied w aueued upp~ tfiis Mort9- age, or the indebtedneu secured F?ereby, esch and every, whe~ due and payable, sccwdirg to bw, before they become delinqveM. ~nd before ~ny inte~est a+rathes or any penatty is incwred; AND INSOFAR AS /~NY iNEREOF IS OF RKORD 1HE SAME SHAII OE PROAAPiIY SATISFIED AND DISCNARCaED Of RECORD AND THE ORIGINAL OFFICIAL DOCUAIIENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIALIY ENDORSED OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID NIORIGAGEE WITNtN TEN DAYS NEXT AftER ~AYMEfVT; snd in the event thal any ehereof is not pa~d, sat'sfied and diuharged sa:d MORTGAGEE may at any time psy the same or any psrt the~eof witFw~t waiving a affecting ~ny option, Iien, equity w •~aht under or by virtue of this mortgage and the full amount of each and every such payment shsll be immedistely due and p~yabk a~d shall besr interest ~~om ti?e date thereof until paid at rote of nine per cenrvm per innvm and toyether w'~tF~ suth~n~r secur,p lien of th:s mor9tape. BOOK~~FAGE1~~ ~r ~ s ~ ~ ~ , e -`-x, z - , . ~ ~ ~..~Y. . _A.. ss~r_, ~~i - x A r~,.,.~~