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Home My WebLink About1731 - CORRB+CTIVB M~R?GAGB c 6'7829 THIS INDENTURE, Msds ths ~th day oi SQ~tQ~lber A.D. 19 73 betrvee~ ' A/K/A Bdith Rulwood ' ' ~gene Flxl~?ood and Edith Virginia ~Zw~ood~ his wife of $t. Lucie ~p~~ty FIo~3d~, here~nafte~ deignared as the "MORTGAGOR;' and FtRST fEDFRAI SAVlNGS AND LOAN ASSOC1AitON OF FORi PIFRCE, a corporation orpani:ed and existing unde~ the laws of ths United Staqs of Ameriu ar+d haviry it~ p~incipal place of b~sinass tn tM City of Fort PiKU, St. l~cie Counry, F{aid+. hereinafter desiynated ai tM "MORiGAGEE." WHEREAS the MORTGAGOR is j~stly indeb~ed to the MORTGAGEE ~n the sum ot = 2O~ ~0• ~ good a~d lawful monoy of fhe Un~ted States advanced by the MURiGAGfE unto the MORTGAGOR, as evidenced by a ceftain promissory note of even date herewith, of whith the following in words and figures is a true copy, towit: s 20,000.00 ~ 10020414 Fort Pierte, Ftwida, September 7 ~q 73 Fw value received,'1, we w either oF us, promiu to pay, witFaut defatcat~on, to the _~dtr of fIRST FEDfRAL SAVINGS AND LOAN ASSOCtAT10N OF fORT PIERCE a1 Fat Pieice, Fforida, the svm of S y,Z-O •~0 - w~th interest fiom date at the rate of 9• ~ o per annum, in monthly install- ments as fotlows: s l~•~ on the 2Ot•~day of Deeember , ~q_73 and a like sum or? the carespond~ng dsy of each month thare- afrer until the whole be fully paid. Each ins:allment first shall be applied in payment of the interest and then on the unpaid balance of the princtpal sum. If defaui~ is made in the payment of any installme~t when dwe, and such default conrinues 30 dayt, then st fhe opt;on of the holder, and without any olher notice, all the ~emainirx~ :nsrallments shall be due and payable at once. Privilege is given to prepay this no~e in who~e w in pan at any time without penalty. Naither forebeara~ce, nor accepfante by the holder tlxreof after any default in any payments he~eon, shall be deemed extension. A Ia1e payment tharge of S-_9 sha~l be added to each installment remaining unpa~d 7 days after its due date, and a like sum shaN be added to each such inssallment remaining unpaid 7 da~s after each 3utteeding payrr.e~t date. Each maker, surey and endwser hereof, joi~tly and severally, waives dema~d, presentment protest and ~otice of protest fw nonpaymen!, and furthe? agrees ro any extensan of time of payment, either before o~ after maturity, wirRout notice fo any of us; and to pay a!! cosis of collecfion, includ~ng a reasonable arro~ney i fee in the event oF any defau~t Fiereunder, and hereby severally waives all benefit of homestead and exemption u~er the constitution and laws of each State of the United States, as against this obligation a any extens"an or renewal hereof. Witness the hand and sea) of each party. (s~?U S ~gene ~lwood ~~A~) ~ (s~?i) S Edith Virg3nia Ftilwood ~ ~ ' a°"°'"" A/K/A Bdith Fulwood csLavwLUOOdIed nri oripioalsow NOW, THERfFORf, the MORTGAGOR fw tfie purpose of securing payment of said sum of S 20~~0`OO and 1he pe~fwmence of the covenanls and ag~eements hereinafter expressed, and for divers good and valuable considerations, by these presents, doea grsnt, bargain, utl, remise, release, con-rey and confirm unto the MORTGACEE, iri svccessors and assigns, al! that certain lot, piece w pucel of land, •ituate, lying, and being i~ the Counry of St . Lncie and State of Florida, dexribed ~s fo:lows: The North 282 feet of the South 330 feet of the West 324 feet of the East 660 Feet of the South ~ of the SE~ of the NF3~ of Section 24, Township 35 South, Range 39 East / This i.s a corrective mortgage given to correct the legal description of the real praperty des~ribed in that certain mortgage between these parties dated ~ September 7, 1973 and recorded in O. R. Book 218, page 1485, public records of St. Lucie County, Florida, which said mortgage is to remain in full force and effect as thoucjh legal description of the security ~ras correctly stated therein as was oYiginally inteaded. Class C Intangible Personal Property Tax and Docamentary Stamp Taxes have already been paid. See Class C Intangible Personal Property Tax Receipt No. 133960 / . RfCE1VED IN PAYFAE~T Ci :•~.c~ ~ pUE ON CLASS'C' IHTANGIBIE PERSOA1~l r~ c:ull, E pv1~SWNi TO CFIAPTER 71-]34. ACTS 'S~j. ROGEIi POITRIIS C1Eil1( CIRCUR OOURT. S?. WC1E i~ F~ ~ f s together with all and singutar the tenemems, kereditsments and spp~rtances thereunto belonging or in snywise appertaining thereto, snd atl rent~, issues, Qroceeds and profits acuuing and to acuue from seid premises, all of which are induded in the above and foregang dewiption and iwbcndwn. ° TO HAVf AND TO HOLD the above dewibed and granted premises unto the said MORTGAGEE, its successori and suigrn forever. /1nd tF+~ said ~ their _ MORTCsAGOR fa - - heirs, executers, sdministrators and assigns, hereby covenants with the s~id MORTGAGEE, its successors and ~ssiyro, the a re ; that lawfully seized of the ssid premises in fee simple; that the ssme ~re free, clear ~nd dixharged from all liens and enc~m- ' brences in law or in equity, and thst t~1@V W~~~ a~ thc>i r hein :hall w~rrant and defend the title to the same to the said MORTGAGEE, its suctessors and ass~gns, fo~ever against the lawfut ctaims and demands of stl persan; PROVIDED, ALWAYS that if the MORTGAGOR shall pay vnto the MORiGAGEF the promissory note hereinbefwe described snd shill truly, promptly _ and fully perform, diuharge, execute, compkte, comply with and abide by each and every the ttipulstions, sgreements, conditions and covenants of said g promissory note and of this Nbrtgsge, then this Mortgage and the Estate hereby aeated shal( ceese and be null and wid. m IT IS UNDERSTOOD thst the wad "Mwtgsgor" whether in the :ingular a plure! anywhere in th+s MortgaQe, sF~al) be singvlsr if one ,only ~nd ' shal! be plu~al jointly and sevenlly if more than one, and that the word "their" a~ used snywhere io this /Nortgage shall be bken to mesn "his," "han;' ~ ~ or "its;' wherever the conte:t so implies or admits. Alw, that wherever there is a refererxe in ths cavenann and agreements herein contained to any of • i ~he pa.ties herefo, the same shail bs consrrued to mean as well as fhe heirs, legat representatives, :uccesson and assgns (either volu~ary by sct of the ~ 's parties or involuntary by operation of the law) of the same and ~hat the covenants herein contained shatl bind and the benefits ~nd advantayes inure ~ 3 i fo the respective 1~eirs, legal representatives, wccessors and au'gns of ?he parties hereto. ~ " And said Mwtgsgors, fw themselves and their heirs, legal representatives, successors snd suigns, hereby jantly and severally covensnt snd agree ~ s to and with the ssid MORTGAGEE, its successors and assigns: - s` 1. To pay all and singular the principal a~d interest and the variovs snd ~undry ~ums of money payable by virtue of said promissory rwte, and thu ` mort e, each snd eve tl on the da s res rvel ~he same severall become due. ~ 9+9 ~Y. W«^P Y Y P~ Y Y f 2. To pay all and urguix the ta:es, assessments, levies, liabilities, obligations and encumbrsntes of every natu?e a~d kind now on said described ~Tj ~ - properry, or that hereafter msy be imposed, svffered, placed, levied, w sssessed thereon, w that hereafter may be levied a aaieued upo~ this Morty- age, or the indebtedneu secvred hereby, each and every, when due and payable, accwding to Isw, before they become delinqveM, and befors any imaest v~i arraches or a~y penafry is incurred; AND INSOfAR AS ANY THEREOF IS Of RECORD THE SAME SHAtI BE PROMPILY SATISFIED ANb DISCHARGED OF ss..~ RECORD AND THE ORIGINAI OFFICIAL OOCUMENT (SULH AS, FOR INSTANCE, TME TAX RECEIPT OR THE SATISFACTION PAPER OFffCiALLY EfYDORSED OR CfRTIF1ED) SNAII BE PLACEO iN THE HAMDS Of SAID MORTGAGEE WIIHIN IEN DAYS NFX1 AFTER PAYMENT; and in the event thAt sny tAereof is not -'zJ paid, sats(ied snd dischsrged sa:d MORIGAGEE may at any time pay the same or any part thereof without waiving or affetlirg s~y optioii,' ~ien, equify or •~qht under w by virtue of this mortgage and the ful~ amount of each and every such payment shaN be imm.ediately due and payable and shall beu interest ~~om the date thereof un1i1 paid at rete af n~ne per centum per ~nnvm and together w~th .vch intcrest shall be securcd by the lien of th:s mpgta9e.