HomeMy WebLinkAbout2666 CORRECTIV6 ~10R'lY~l1G6 ( ~ ~
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THIS INDENTURF. M~ the 19th day of November • qp, ~q 73 between
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Kel2v Construction Com~any., s Florida Corporation
of - St. Luaie , Counry Flwida, hereinaiter dciignated as the "MORTGAGOR," and FIRST FEDERAL SAVINGS AND IOAN
AS$OCIATION OF FORT PIERCE, i cwpaatior? orpani:ed and existinp under tha laws of ths United Stet~s of Americ~ and heving its principal place of
buuness in ~M City of fwt PiKC~. S~. l~ci~ Cou~ry. F{orida. hereinaher dasignated ~s ehe "MORiGAGEE.••
WNEREAS tM MORTGAGOR is jvstly indebted to the MORTGAGEE in the sum of j 38, 400. ~ end lawful muney of the Un~ted
States adva~ced by 1he MORTGAGEE unto the MORTGAGOR, as evidanced by a certain promissay rtote of even date herewith, of which the iol;owing in
words and figuies is a trus copy, 1o-wi1:
; 38 . 400 . 00 No 10020529
Fort Pierce, flaida, ~~~~~g jy + 19 / 3 ~
For value rece+ved, t, we a ei!her of us, piom;se fo pay, without deFalcat~on, to the or~'er of FIRST FEOERAI SAVINGS AND LOAN ASSOCIATION OF ~
FORT PlERCE at Fwt Pierce, Fbrida, 1he sum of s 38:4~•~ wi~h interest from date at the rate of 9•25'io per annum, in monthly insta~l- ~
329.00 20th Deceuber 73 ~
ments as fol(ows: ~ o~ the day of 19__~._ and a like sum on the corresponding day of each month the?o-
efter umil ~he whofe be fully paid.
Eath installme~t first shall be applird in payment of the interest and ~hen on rhe unpaid balance of the prinupal sum. If defauit is made in the
pcyment of any installment when due, and such default continues 30 days, then at the option of the hoider, and without any other notice, all the remaining
~ns~allments shall be due and payable at once. Privilege is given to prepay this ~ote in whole w in part st any t~me without penaity. fVeither fwebea~ance,
nor acceptance by the holder ~hereof after any default in any payments hereon, shati be deemed exter.sio~. A late payment charge of S 16.4~11 ba
added ro each installment remain;ng vnpaid ~ days after ih due dafe, and a ~~ke svm shall be added to each such installment remaininp unpaid 7 days after ~
each succeeding paymert dare. • ~
Each make~, surety a~d endoner hereof, joinHy and ~everally, waives demand, presentment protest a~d noTice oi protesl FW tqnpayment, arrQ-fvtthet
agrees to any exfension oi time of payment, eirher before or afler mawrity, without notice to any of us; and to pay all costs of,:oollctfiae,_ includirg a
«~sonable attwney's fee in the event oi any defauit he~eunder, and hereby several~y waives all benefit of homestead and exe~tiion ondtr'ti?e.ibnft'tutiaf
and iaws of each State oi ~he United STates, as aya~nat ihis aht+gar:cn or any ex!er.sf~+ or rertewal he~eof. '
~ :
Witness the hand and seai of each party_ ~,i ~ ' i
Kelly Construdt'LO~b Gompar~y.,
, : : q
^orporats seal affixed BYt /s/ Kelly ti~~1.,?:(~~c~ ~~e~t~t~;:_n'~a'~L_
; • 1 , • • - r . ~ ~ a *~r~aa.~0~~ '
' ~ ) State Revenue " ~J~' , • ~u
,~s..:npa tarueUsd-.oa -ai9+oaL noie~ ' ' .
~ . :
NO'N, THEREFORE, the MORTGAGOR fo? the purpose of secvring payment of said sum of S 38,400.~ ,,,~~'~~.~~~{prrt+~rrce of the
ccvenants and agreements hereinafter expressed, and for d'+vera good and vatuabie considerar~ons, by these presentl;' dpet grad, ba~pair~, sell, remise,
ra~eaie, convey and conierm unto the MORTGAGEE, its successors and assigna, all that certain lot, piece or partel of land~ s~iit~, ~ying, and being in the
Counry of St . L11C1@ end State of Fb~ida, deuribed as follows: ~
L4t 1, Block 8, ORANGE BLOSSE]?! ESTA2BS, SECOND ADDITION, SECOND PLAT, according ~
to the p2at thereof recorded in Plat Book lb, page 14, of the public records of ;
Ji. Lut:i~ ivuiai'y'~ i~iaiZ~~.°..
This is a corrective mortgage given to correct scrivener's error in stating the
lot number in the legal description of the real property described in that .
certain mortgage between these parties dated Nove~ber 19, I973 and recorded in
O. R. Book 221, page 1271, public records of St. Lucie County, Florida,,which =
said uwrtgage is to remain in fu12 force and effect as thongh legal description ~
af the security was correct2y stated therein as being Lot 1, as ~ras originally ~
intended. f
Class C. Intangible Personal Property Tax and Documentary Stamps Taxes have already ~
beea paid. See Class C. Intangible Person Property Tax Receipt No. 31089b. ~
L~,.~.~,cC
e~~~' ~ :
_ RECEIVED ` e~ IM PAYME1rT Of TAXES
DUE WI CIASS 'C'INTANGIBIE PERSOVAL PROPERiYR
PURSUA111 70 Cli,4?.rfl 71-13l. ACi3 OF 1971, ~(C
R~.^~.:ER POITRAS
CIERR CifiCUiT COURT, Sf. LUCIE 00., FlA
i
s
+ogether w~th all and singular the tenements, hered~tsments and appurrances thereunto belongi~g a in anywise appertaining thereto, and all rents, iuves, ;
p~ocreds and profits xcruing and to accrue from said premises, atl of which are included in the above and foregoing description snd habendum.
TO HAVE AND TO HOLD the above dex?ibed and granted premiscs unto the said MORTGAGEE, its tvcceuors and asaigns foreve?. And the pid
~~tORiGAGOR for 1tS he;rs, executws, adminisrrators and assigns, hereby covenants with the s~id MORTGAGEE, its successers snd ~uignt, ~
shat - lt 15 ~awfull u~zed of the said ~
y premises in fee simple; that the ssme are free, ctear snd dixharged from atl liens a~d encur~r z~
brances in law or in equity, and that 1 t will and lt S heiri shall warrant and defend the titk to the same to the said
~110RTGAGEE, its successors and assigns, forever sgainst the lawful claims and demands of all persons;
f
PROVIDFO, ALWAYS that if the MORTGAGOR shall pay unro the MORTGAGEE the promissory note herei~befwe dexribed and tF»II truly, promptly
; and fully perform, discharge, execute, complete, comply with and ab~de by each and every the stiputations, -agreements, conditions and covenants of said
' promisswy note and of this AAortgage, then thi~ Mortgage and the Estate hereby created shall cease and be ~vll and void.
IT IS UMDFRSTOOD tbat the wwd "Mortgagor" whethe~ in the singular or plu~al snywhere in this Mwtgage, shall be singular if one only and
~ shall be plural jointly and severally if mwe thsn one, and that the word "t heir" as used snywhere in this Matg~ge s(ull be taken 1o me~n ' nis; '"htn,"
or "its;' whereve~ the context so impties a' admits. Also, that whe~ever there is a refe?ente in the covensnri and agreements herein contained to any of
The parties hereto, the ssme shall be construed to mean as well as the heirs, legal reprexntatives, successon and assigns (either voluntary by ~ct of the
parties or involuntary by operation of the law) of the same and that the covenants herein tantai~ed shal! bind and tix be~efits and sdvantsges inure
ro the respettive heirs, legal representatives, successws and sss~gns of the parties hereto.
And said Mwtgagori, for tFxmselves and their heirs, legal represematives, successas and assigns, hereby jointly and uverally covenant end agree
to and with the iaid MORTGAGEE, its successors and assigns:
1. To pay all and singvlar tix principal and interest and the various and sundry sums bf money payable by virt~r of said promissory note, snd this
moriqage, each snd every, promptly on the days respcctively the ssme severally became due.
~ 2. To p~y all snd iingulsr the uaes, sssessments, levies, lisbitities, obligations and e~umb~snces of every nawre snd kind now on said described
property, w that hereafter msy be imposed, suffered, placed, levied, or assessed thereon, w 1Mt hereafter may be levied a assessed upo~ this Mortp-
age, w the indebtedness ucured he~rby, euh and every, when dve snd payable, xcuding to I~w, before they bccome delinqueM, ~nd before ~ny inte~esl
( attaches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RECORO TNE SAME SHALL BE PROMPTIY SATISFIED AND DISCKARGEO OF
_ RECORD AND THE ORIGINAL OffIC1At OOCUMfNT (SUCH A5, FOR INS~ANCF, THE TAX RECfIPi OR THE SATISfACT10N PAPER OFFICIAttY ENDORSEO
OR CERTIFIED) SHAII BE PIACED IN THE NANDS OF SAID MORTGAGEE WI7HIN TEN DAYS NEXT AFTER PAYMENT; and in ihe event that any thereof is not
' paid, sat"sfied and discharged sa:d MORTGAGEE may at any time p~y the same w any part thereof without waiving or affecting any optiort, lie~, equety or
i •~qht under or by vir~ve of this mo~tgage and the full amount of each and every such payment shall be immediately due and paysble and shall bear interest
; ~•om the date thereof uMil p~id at rate of ni~e per tentum pe~ annum and together w~th t ~n r? hall be s~ured b~the lien of th"s mor~t~ge.
' s~~K~G~ P"C 66