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HomeMy WebLinkAbout0602 ~ l~ i f SI~PPL~IFNTAL MOR?C'.AGF l~ ~ ~ ~ ~ ~ ~ 2~ssti;~ ?HIS INDENTURE. Mad~ the 8th ~y of April A.O. 1974 betw~en Joel Rolle t+nd Rosa Relle.,, h~~ ~rifa of Cotmy Florid~, hereinaftu detign+tsd +s tM "MORTGAGOR," ar~l~R~~ FED~A~?~~A~rIG~ .~ND LOAN ASSOCIATION OF FORT PIERCE, a cwpaalion w9anised ~nd exiitir,p unda tM Iaws of tM United St~tq of Am~rica snd Mvinp i1s prineipal pl~u of busir?su in ttw City of Fwt Pi~res, St. lucis County, Fbrida, heninafter desipnat~d a~ tM "MORTGAGfE:' p~y~p WHEREAS tM MORTGAGOR a'rystly indebt~d ro tM MORTGAGEE l~i-t~~~i* etNresse~~eDL Vf _Sa~3~~iQriE~i~+~~yO~~U4?tiQ ~t Slsb~~dv~~asd~llw~ORiC~6feE-a~nbiO~MOw~~~'~s~sec~~y ~`ia~er~a~n moi~g`ag~e~recorded in O.~R. ' y~p.d. ~wd•{ig~a~ i~ •a~.w s.Fy,-~~ww t 6 i St. Lucie'Cgu~~y3Flar~dathe Public Recorda of ` ~ 4 valve received, 1, we or eithe~ of u~, prom~se to pay, wiihouf defalcation, to the order of FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION FORT PIERCE wf Piace, Florida, the sum of = with interest irom date at the rate of % per annum, in mont ~nstall- ments as foltows: S on the day of - 19 and a like sum on the correspondin~ day of e mw+th therr after uMil the whole be id. Eath instal~rrKnt fir~t shal applied in payment of the interest and ffien on the unpaid balance of tl+e princ~pal sum. defaulf is made in the payment of any insta~lmenl when due, wch default conti~ues 30 days, then at the opYron of the holder, and withovt an r notice, all tFM remsining instellments shall be due and payabte at Privilrye is given fo prepay this note in whole or in psrt af any time wi t pcnalty NeitFxr forebearance, nor atceptante by the holder thereof after any de in any paymen?s hereon, shall be deemed exteruion. A la ynx~t tharge of s-~ thsll b~ added to each installment remaining ~npaid 7 days aft dus date, and a like sum shall be added to eac h installment remaining unpaid 7 da~ aftei each succeeding payment date. . Each maker, surety and endoru~ hereof, jointly and severa a7ves demand, presentmen otest and notice of proteat fw nonpayment, snd funher sgreea to any extension of time of payment, eithe~ before or after matun without notice to y of us; and to pay ell co~ts of cot~ection, including a reasonable attorney's fee in the event of any defau7t hereunder, aod hutby erally w' s all benefit of homestead and exemptio~ u~der tix constitution and laws of each Stafe of the United Ststes, as against this obligation w any exte " w renewal hereof. Witness the hand and seal of each party. ~ (SEAU ~ (SEAU ~ csewu ` cs~w 2 ~ the aforesaid note NOW. THEREFORE, the MORTGAGOR fo? the purpose of securing payment of ssid sum of and the performanca of ths coven~nb ~nd agreements hareinafter expressed, snd for divers yood and valuablr cortsiderations, by these presenls, does granL bsryain, tell, remix, release, convey and confirm unto the MORTGAGEE, iti successors and au~gns, ell that certain lot, piece or p+rcel of land, situste, lying, and being in tM ~ St,. Lueie and State of Fbrida, dewibed +s follows: The East 20 feet of Lot 14, Block 18, PIAT O~ PARADISE PARK, according to the Plat thereof as recorded in Plat Baok 8, at Page 17 of the Public Records of St. Lucie County, Florida This supplemental mortgaqe is given for the purpose of providing ~nortgagee with additional security for repayment of the above mentioned promissory note. It was ~ the intention of the parties hereto that said additional security described here- in was to be included in the said mortgage recorded in O. R. Book 216, page 366, public records of St. Lucie County Florida. The Intangible Personal Property tax on said o~ortgage has bee~n paid. See Receipt No. 133192 cjated July 9, 19~3. ~i I . ' • ~ G~ ~ ~ ~ ~ ~ t~ 1N PRYM~ PR~q-t1tCl ~ asow~ 0 tfJ~G181E ~ pf 1911 A~'~p G~ •C prER 11.1~?.~ f~ t j~ CHA~~ PU CA. D~ ~~p'N ~R`~ S~. ' 01~~' ~~t~~~ together with all and singular the tenements, hereditaments +nd ~ppurtances thereunto belonging or in ~nywise appertaininy therefo, end ~II reMS, iuud, prxeeds and profin acuving and to accrve from said premixs, all of wFi~ch are irxluded in ti+e above and fore~oirg description and habendum. TO HAVE AND TO HOID the above described a~d granted premises ~nto the said MORTGAGEE, its svcceuors ~nd suigns foreva. Md th~ said MORTGAGOR tw thei r____ ~;n, executon, administrators and assigns, hereby covenants with the said MORTGAGEE, ih succestws and as~igm, ~eV a Ye _ ~~wfully seized of the said premis~s in fee slmple; that the same sre free, clear and dischsrged from all liens and encurtr brances in law or in equity, a+xl thst they N,~~~ tf1@lr hein sF?all w+rnnt ~r~d defend the title to the ssme to the aid ~ MORTGAGEE, ~ts successas and auigns, forever against the Iawful claims and demands of all pe~tons; PROVIDED, ALWAYS that if the MORTGAGOR shsll pay unto the MORTGAGEE the promiuory note hereinbefor~ destribed and shall truly, prompt y ~ ~ and fully perform, dixharge, execute, compiete, comply with arx! ab~de by each and every the stipul~tions, agreeme~b, conditions and covenanri of s~id promiuory note and of this Mwtgsge, then this Mortgsge snd the Estate hereby cre~ted shall tease snd be nul) and void. IT IS UNDERSTOOD that the wo~d "Mortg~gor" whether i~ tM singular or plwa) anywhere in this AAortgage, sMll be sinyulsr if o~e only ~nd ~ sh~ll be plural jqintly and ~everally if more than one, and that the word "their" as used snywhere in this Mortysge sMll be taken to mean "his," "hen;' a"its;' wherever the context w implies d admits. Also, that whcrever the~e is a reference in the coven+nb and eyreements herein contained to any of ~ the p~?ties hereto, ths same s1:a11 be construed to mesn as well as the heirs, tegal rep~aentatives, sutcessors aed +uigro (either voluntary by act of th~ ~y p s r ti e s w i n v o l u n t a ry b y o p e r a i ro n o f t h e l a w) of the ssme and that the covenants herein contained shall bind ~nd ihe benefits and advantayts inwt to tF?e respecfive heirs, legal representstives, sutcessors and airyns of the p~rties hereto. ~ i F-- ~ pnd said Mort9sgon, fw themselves ~nd their hein, Icga) reprexntatives, successon snd auiyns, hereby jointly and severally covensnt a~d ayree to and with the said MORTGAGEE, its ~uccessors and assigns: ~ 1. To p+y slt and singular tFx prir+cipal and inrerest ~nd the various and sundry sums of rtwney payabk by vinue of said promiswry note, and tha 3 mortgage, eich +r~d every, promptly on the dayt respectively the same sevarally become due. ~ ~ 2. To p+y all and singulsr the taxes, assessments, levies, liabi~ities, obligations and encumbr+nces of every nature and kind now on said described ~ property, w that F~ereafta may be Anposed, wf:aed, pl~ced, levicd, or :uessed thereon, or thst hereafttr msy be levied a usessed upoo this Mort¢ age, w the indebtedness secured hereby eact~ and every, when due ~nd payable, accwding to law, before they become delinquem, and befon any imerat attaches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISFIED AND OISCHARGED OF ~ RfGORD AND THE ORIGINAL OFfICtAI DOCUMENT (SUCH AS, FOR INSTANGE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffICIAIIY ENDORSEO OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfiER PAYMENT; and in the event that any thereof is not ~ paid, sst"tfied and dixharged sa:d MORTGAGEE may at any time pay the same w any ps~t thereof witFw~t waiving or affecting ~ny option, lien, equity w~~ •pht under w by virtue of this mortgage and the full amount of each a~d eve~y such payment sh~ll be immediately due and psyabie and shsll besr interat srom the date thereof until p~id at rate of nine per centum per ann~m and together w~th such interest shall be secured by the lien of th:s morytsqe. cY • r: