HomeMy WebLinkAbout0604 ~ '~t,
' CORREC? I VE MOI2TGAGE ~ ~ ~7v~ ~ ~
. ~
Sth March A.D. 19 73 ~~w~~
THIS INDENIURE. Mad~ the day of
Patrick Rogolino and JQyce Roaolinoa his aife
of St. 1'uCi@ County Florid+, hereinalte~ deignated as 1ht "MORTGAGOR;' an~ilRSf~EDEQ~I,'~6AV~/l~,S AfvD LOAN
ASSOCIATION OF fORT PIERCE, • corporation orp+ni:ed and exi~ting under ~he laws of tM Un~te~,Sat~s of America and h~v~ng'iti piinci~al place of
tw~ir?tas in the Ciry of fwt Pierce, St. lucie County, flaida, heraina(tsr deiiy~ated es t1?s "MORTGAGEE."
WHEREAS the MORTGAGOR is juitly indabted to the MORTGAGEE in tM tum of =~'4 i 800• good and Iawiul money of the Un~ted
States advanced by the MORTGAGEE u~to the MORTGAGOR, as evidenced by a ceriain promiucry note of aven date herewith, of wh~ch the followiny in
words and figure~ is a trw copy, to-wit:
~ 24 , 800. 00 ~ 10019497
Fort Pierce, Flaids, ~tCt1 $ 19 ?3
Fw value ~eceived, 1, we or eithe~ of vs, promise to pay, without defa!ca~~ori, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION Of ~
FORT PIERCE at fat Pierce, Florida, Ihe sum of ~'4 ~ BO~• with in~erest irom date at the ?ate of7 • 5 °o per annum, in monthly install- ?
mems as iollows: S 200•~~ a+ 1he i~th dey of A~ril ~9_?3 and a like sum on the correipond~ng day of each month ihere-
after unfil ~he whole be fulfy paid.
i
Each installment first shall be applied in payment of the interest and then on the unpaid balance of the principal sum_ If default is made in the ~
payment of any insta~tmenl when due, and such default ca+tinues 30 days, then at the option o( the holdcr, arx! without any other notice, all the remaining i
~nstallments shall be due and payable at once. Privilege is given to prepay this ~ote in whole w in put ~t any time without penalty. Neither ferebearance, ~
1~.00 shall be ~
nor acceptance 6y the holder +hereof after any default in any payments hereon, ahall be deemed extension. A late payment charge of s
added to each installment remaining unpaid 7 days after its due date, end a like sum shall bc aclded to each such installment remaining unpaid 7 days after
each succeeding payment date. '
Each maker, surety and endorser hereof, jantly and sevcrally, waives demand, prexntment pro?est and notice of protest fw nonpaYment, and further
agrees to sny exteniwn of tima of paymenl, either before or after maturity, without nolice to any of us; and to pay all costs of collection, indud:ng a
reasonable attwney's fee in the event of any de`.auit hercunde~, and hereby severally waives all benefit of homestead and exemption under the constitution
and laws of each Sute of the United States, as againat Ihis obligation ot any extension w renewal hereof.
Witness the hand and seal of each party.
IN PAYMEM OF TAXES ~ S/ Patrick Roaolino (SEAU
RECf1YE0 ~ (SEAL)
WE ON CIASS'C ~NTAN BLE PE~~ P~ERn. S/ JoyCe Rogolino (SEAU
PURSIIaNT TO CHAPTER 71•134. ACTS UF lyll. ~ ~SE~?U
R06ER POITRAS ~
t ~ State Revenue ~f~( CIRCUIT ODURT, S1. LIIC~~.
(~~Id~ aeF~mstsssl ,~(C
NO~AI, iHEREFORE, the MORTGAGOR fw the ~rpox of ucuring payment of said sum of S 24-.r 800• 0O and the performance of the
covenants and agreements hereinafter expressed, and for divers good and valuable consideratio~s, by these ptesenti, dxs grant, baryain, :e~l, remise,
release, convey and confirm unto the MORTGAGEE, its succeuors and suigns, all that certain bt, piece or pucel of Isnd, situate, lying, and being in the
County of St .~1lCie and State of fbrida, deuribed as foliows:
?hat part of Lot 1, Block 19, of Plat No. l, INDRIO SUBDIVISION, UNIT NO. 1,
as per plat thereof on file in Plat Book 5, page 42, Public Records of St.
l.ucie County, Florida, described as follows: .
Beginning at the Southwest cozner of said I.ot 1, run thence Northerly to a
point on the North line of Lot 1, which is 20 feet Bast of Northwest corner
of said Lot 1, thence run Basterly to Northeast cornez of Lot 1, thence sun '
Soutbeasterly to Southeast corner of Lot 1, thence zun Westerly to the point '
of beginning.
Al~ AI..S~O:
8eginning at the NE corner of said Lot 1, Bleck 19, run thence along the Bast-
vrard extension of the North line of said lot a distance of 55 fe¢t to a point;
; run thence in a Southerly direction pazallel to the Easterly lot line of said
, Lot 1 a distance of 107.Q feet; thence run Westerly along the Eastward exten-
( sion of the South lot line of said Lot 1 a distance of 55 feet to the SB corner
G of said Lot 1; thence run Noxtherly along the Baat boundaxy line of said Lot 1
~ a distance of 107.0 feet to the point of beginning; the saae lying.in and
~ constituting a p~att of Dixie Highway as delineated upon Plat No. 1 of Indsio
Subdivision, recorded in Plat Book 5, page a2, public records of St. Lucie County,
Florida,
This is a corrective mortgage given to cozrect the legal description in that
certain oortgage between ti~ese parties of like anount, same date, recorded in
O. R. Book 211, page 2094~ public zecords of St. Lucie County, Florida, to
include all of the lawd oKned by oortgagors as was originally intended.
State of Florida Intangible Personal Property Tax has been paid.~
togethe. with all and singular the tenert+ents, hereditaments snd sp{wrtances thereunto belongirg or in anywise appertaining thereto, +nd sll rent~, iuues,
proceeds and prof~ts accruirg and to scuue from siid premius, all of which are included in the above ar+d foregoing descriptron and habendum.
TO HAVE AN~ TO HOLD the above desvibed and granted premises unto the said IV40RTGAGEE, iri successors snd assigns forever. Md the s~id ~
MORTGAGOR fw --thQlY he;~s, executws, admi~istraton and assigns, hereby tovenantt with the said MORTGAGEE, in succeuors and aui~m, ~
that =-~Y-~~-- lawfully se~zed of the said premisef in fee ~imple; that the same are free, ckar and dixharged from all i'~cns and encum~ ~
brances in law o~ in cqu~ty, and that they will and their heirs shsll wsrrant and defend ths titk to the same to the said
~ MORTGAGEE, its successors and assigns, fwever against the lawful clsims and demands of sll persons;
PROVIDED, AIWAYS that if the AhORTGAGOR shsll pay unto the MORTGAGEE the promissory note hereinbefwe described snd shall truly, promptly
and fully perfwm, dixharge, execute, compkte, comply with and abide by each and every tFx stipulations, agreements, co~ditions snd covenants of uid
~
prom~asory note and of this Mortgage, then this Mortgage and the Estate hereby ueated shall tesse and be nul~ a~ void.
IT IS UNDERSTOOD that the wwd "Nbrtgsgw" whether in the singular w plwal anywhere in this Mwtgage, shall be singular if one only and .
shall be plursl jointly and uverally if mwe than one, and that the wwd "their" as used +~ywF?ere in this Mortgage shall be taken to mesn "his;' "hen;' ;
w"its," wherever the context w implies or admits. Also, thst wherever there is ~ reference in the coven~nts and sgreements herein contai~ed to sny of ~
fhe parties hereto, the iame shall be construed to mean as well as the heirs, legal representatives, sutcesson and auigr?s (either voluntary by sct of the~
parties or involuntsry by operation of the law) of the same a~d that the covenants Fxrein contained shall bind •nd the benefiti and advantages irwre
to the respective hein, legal rqpresentatives, successon and au~gns of the parties hereto.
qnd said Mwtgagors, fa themselvet and their F~eirs, legal representatives,_successors and assigns, hereby jointly and severally covenant and apree
to snd with the iaid MORTGAGEE, its successors and assigns:
1. To pay all and singular the principal and interest and the vsrious and sundry sums of mor~ey payable by virtue of said promiswry note, ~nd this ~
' matgsge, esch +nd every, promptly on the dsys respectively the same uverally become due.
~ 2. To pay all and singulsr the tsxes, asussmenti, levies, liabil~t~es, obligations and encumbrances of every nsture and kind naw on said described
property, a that hereafter m+y be imposed, suffered, plxed, levied, o~ asussed thereon, w that hereafta may be levied a aseued upon this Maf¢
age, or the indebtedness secured hereby, each and every, when due and psyable, according to law, befwe they become delinqucnt, and befwe any interest
attaches o~ any penalty is incvrred; AND INSOfAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROlIAPTLY SATISFIED AND DISCHARGFD OF
RECORD AND TME ORIGIMAL OFfIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RE~EIPT OR TNE SATISFACTION PAPER OFFICIAIIY ENDORSEO
~ OR CERTIfIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and i^ the evmt that any thereof is not
paid, sat'sfied and discharged sa:d MORTGAGEE may at any time pay the same or any pa?t Ihereof without waiving or affecting any option, lien, equity a
~ •iqht under or by virtue of this mortgage and the full amount of each and every such payment shall be immediately due and payable and shall bear interest
~.om the date thereof until paid ~t rate of nine pe~ cent~m per ~nnum and together w~th s~ch interest ~hall be secured by the lien of th:s morgta9e.
: r
, ;
- .
_
~ _ _ - ~
~ ,i_