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Home My WebLink About2109 ~r~23J~ CORRECTIVfi MOR?GAGC ~ • •y rw THIS INDENTURE. Made the__ 17th day of '~ptember 'i~~ ~ A.D. 19~~, between _ 6dward gi Lanael and Jean H. I.a?nue1~,~1t/a June H. LanQel. his wife ' of St. Lucie Co,inty Flor~da, hereinafte~ des~y~ared ss the "MORTGAGOR." and fIRST FEDERAI SAVINGS ANO IOAN ASSOCIATION OF FOii? PIE~TCE, • corporat~on aganized and ex~i~i~q unda Ihe laws o( tM Un~ted Statvs of Ame~ica and hsving its priix7pal pla:e of busineu in tM Ciry of Fwt Pierce, S~, lucie Coun~y, flwida, hereinafter des~gnateo as the 'elIQR1¢qG~E.'~ WHEREAS the MORTGAGOR is jua~ly indebted to ths MORiGAGEE in the sum o~ S jZ~~~~~ good and lawful mo~ey of the Un~ted States ad~anced by the MORTGAGEE unto the MORIGAGOR, as ev~denced by a certa~n promessay note of even date hnrew~th, of wh~ch the (ollowiny io words and f' ures is a true copy, to-wit: S 32 , 00$ . OU t~o~~4161 Fort Picres, Flwida, S~ te~er 1'7 ~ I9~,_ For val~e rtce~ved, 1, we or e~ther of us, prom~se to pay, without defa!catio~, to the order of fIRST FEDERAL SAVItJGS ANO IOAN A°iOC1AT10N Of FORT PIERCE at Fort Pierce, ilorida, the sum of S-~~ .~s w[~~ intereft (~om date at the rate of ~~_°o per annum, in r,oMhFy :astal~_ mrnts as foliows: S 18~2-a o~ ~he ---~O~~aY of ~~_e~r 19~_~- and a like sum on the corresnondmg da~ of eacF .nonth there- atrer until the whole be fully paid. Each installmrnt (~rst shall be appi~ad in peyment of the interest and ~hen o~ tFx unpa~d balance of the p~~~+rpal ~~im_ If default ~s made :n the Nayment of any insraliment when due, ond wch dafau4 continues 30 days, then at the oprion of the hold~r, and without any ather no~ite, a:l Shr ~4+naining .ns~all~nents shall be due and payab!e at once. Privilege is g~ven to prepay ~h~s note in whole w in part at any t~me without penatty. Feeither fo~ebea~ance, nor acceptance by thr holder thereof afrer any deiautt in any payments hereon, shall be deemed e:tensio~. A late payment charge of i-~s-asf sha~l be edded to ezch instailment temain~ng unpa~d 7 days after its due date, and a like sum shall be addad ~o each such ins~aUment remaining unpaid 7 days aHer each su:ceeding payn:ent date. Each maker, s~rety and endorser hereof, join?ly and severally, wa~ves demand. p~esentment protest and not~ce of protest for nonpaymenl, and furtFxr agrees to any eztension of ti~ne of payment, either beEore or after maturity, without nohce to any of us; and to pay all costs of collxtEon, inc!ud~ng a redsonable attomey's ice in the event of any defau(t her~undrr, and hereby sevcrally waives all benefit of homestead and ezemptiai under the constitution .,"o iaws of each Stare of the United States, as against this ob~igation w any extens~on or renewal hereof. W~tness the hand and sea~ of each party. ~itc~uc~~ S/ Edwa rd R. Lanael ~ c~en~~ RECEIVED " IN PAVMEI~(T bF TAX~ (SeAt) pUE ON CIASS 'C' ~11TANGIBIE PE3SOr3.11 PI'0'ERI'1, JQ~Il H. Langel a/k/a (SEAI) PURSWNT TO CFIAPTER 71•134. ncis oF~~. June H. Langel cs~u~ X70CXXxXXXXX ROGER POITRA,S ) Srate Revenue C~~R $T. ~IE 00.~ f ( ]cdk) NOMI, THEREFORE, the MORTGAGOR for the purpose of secu~ing payment of said sum of S 32! ~0 snd the pe?fo?mance of the covenants and agreements hereinafter expressed, and (w d~vers good a~d valuabte considerations, by tF+ese presents, dces grant, barga~n, aell, remise, retease, conv~y and confirm unfo the MORIGAGEE, its succesw~s and asaigns, all that certain lot, piece w partel of land, sitoate, lying, and being in the County of St. Lueie end State of florida, dewibed es follows: The South one-half of the North ten (10) acres of the West one-half of the West one-half of the Nfi 4 of Section 7, Township 35 Sout~, Range 39 E, St. Lucie County, Riorida. LESS rights of way for drainage canals and subject to easements of record. TOGFsTHER with a right of way easement running parallel to the West boundary line of the NB a, of said Section 7, Township 35 South, Range 39 fi, a more particular description being;. Starting at the NW Corner of the Nfi ~ of Section 7; thence run East 52 feet; ~ thence run south 330 feet foF a point beginning; th.ence run East 20 feet; ; thence run South approximately 2310 feet to Orange Avenue Extension; thence ' run West 20 feet; thence run North approximately 2310 feet to the point of ~ bQginning, said easement being for ingress and egress to the property hereinabove described. s ~ This is a corrective mortgage designed to correct an erroneous legal description appearing in that certain mortgage of even date herewith ~ recorded in O.R.Bk219 page 204 of the Public Records of St. Lucie County, ~ Florida, and upon which intangible tax has been paid as evidenced by ~ receipt ,~310318. , ~ ~ ~ ~ . ~ ~ together with all and singular fhe tenements, hereditaments and appurtances thereunto belonging w in anywiie appertainirg the?efo, and all rents, issue~, ~ procceds and profits accruing and to accrue from said premises, all of which are ir.cluded in the above and faega~g dewiption and h~bendum. ~ TO HAVE AND TO HOID the above described and granted premises unto the said MORTGAGEE, its successon and +ugns forever. And tM ssid their ~ MORTGAGOR for heirs, executors, administrato+s and assigns, hereby covenants with the ssid MORTGAGEE, ib sutcessors and astiqru, 4p the are ~ rhat lawfuily se~zed of the sa~d premises in fec aimptr, that the same are free, dear and dixharged from all liens and encurrt ' brances in law or in equ~ty, and that the}~ will and their heirs shal{ wsrra:! and defend the title to the ssme to the aid ~ MORTGAGEE, its successors and assigns, (orever against the lawful claims and demands of all persons; ~ PROVIDED, AlWAYS that if the MORiGAGOR shatl pay unto the MORTGAGEE Ihe promisswy rate hereinbefwe desuibed and shali t?uly, promptly and fully perform, d~xharge, execute, complete, comp~y wi~h and ab~de by each and evcry the stipulations, agreements, conditions and covenants of s~id promissory note and of this Mortgage, then this Mortgage and the Estate hereby treated shall ce+se and be null and void. ' IT IS UNDERSTOOD that the word "Mortgagw" whether in the singular or plural anywhere in thit Mwtgage, shall be singular if one only and i=~ shall be plural jointly and uverslly if more than one, and that the word "their" as uud snywhere in this Mortgage ihall be bken to mean "his," "hert" or "its;' wherever Ihe context w impties w admits. Also, that wherever there is a reference in the covenants and agreemems herein contained to ~ny of - the parties hereto, ~he same shall be construed to mean as well as the heirs, legal rep~esentatives, successors and assigns (either_ voluntary by ad of Ihe = parties or involuMary by operation of the law) of the same and that the covenants herein contained shall bind aod the benefits and advantages inure ~3 ro the respcc~ive heirs, legsl representatives, succeswrs and ass~gns of the parties F~ereto. s~ And aaid Mortgagors, for themselves and their heirs, legal representatives, wccessors and assigns, hereby joiroly and severally covenant and apree ro and with the said MORTGAGEE, its svccessors and ass~gns: , 1. To psy all snd singular the principal and interest and the various and sundry sums of mwmy payable by virtue of said promissory note, and this - mortgage, each and every, p+omptly on the days respatively the same severally become d~e. .-j 2. To pay all and singular the taxes, asussments, levies, liab~~it~es, obligations and encumbrances of every natu~e snd kind now on sald desuibed '.-=t properry, a that hereafter may be imposed, suffered, placed, levicd, or ~ssessed the~eon, or that hereaher ~~ay be levied or ssseued upon ti~is Mwty- age, or the indebtedness secured hereby, each and every, when due and payable, xcuding to law, before they become delinquenl, and befwe any interest attaches or any penalty is incurred; AND 1.'$OFAR AS ANY TMEREOf IS OF RKORD THE SAME SHALL BE PROMPTLY SATISFIEO A~1D OISCHARGED OF ~ RECORD AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, FOR INSIANCE, THE TAX RECEfPT OR THE SATISFACTION PAPER OFFICIALIY ENDORSED i OR CERTIfIE~) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in fhe event that any thereof is not sF: - paid, sat sfied and discha~ged sa:d MORTGAGEE may at any t~me pay the aame o~ any part thereoi without waiving or aifecting any option, lien, equity or ` .~qht under w by virtue of this morrgage and the t~ll amount of each and every such payment shall be immediately due and payable and shall bear interest ~rom the date thereof until pa~d at rate of n~ne pe~ cent~m per ann~m a~d tog-the. with wch interest shall be secured by the lien of th:s morgts9e. eoo~ 222 ~cF~.~~9 - _ - ~ - - t~ ~ _ . _ . y,_ ~ ~ ~ _ ~