HomeMy WebLinkAbout0835 ~~y~~~ CORRC :TIVB hqRTGAGB ~
THIS INDENTURE, Mad~ the 26th day of March A.D. 19 73 between
Willian D. Kobusch, a single adult and MaYgaret P. Kobusch, a single adult
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of St. ~ueie County Fiwida, hereinafter dei~yna~ed as the "MORTGAGOR;~-~ay~ ~FIRSI~E~~AL ~Sq~~NGS ANO LOAN
ASSOCIATION OF FORT PIERCE, ~ corpaaliun w~ani:ed and ex~s~ing unde~ t~e laws o( the Un~ted Statai ~of Americs end havinp its pr„~cipal place of
busineu in t!» City of Fort Pierce. 51. lucie Counry, florida, hereinafter d~:ignated as ~he22 2~E~
WHEREAS the MORTGAGOR is justly indebted to ths MORTGAGEE in the sum of S ~ • . good and lawful money of ~he Un;ted
States advanc~d by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certa~n prom~ssory note oi eve~ date huewith, of which the followiRg in
words and figures is a rrus copy, to-wit: ~ 10019G38
= 22 , 200. 00 ~'~O
fort Pierce, Florida, ~rCh 26 19~
Fw val~e received, •I, we or either of us, prom~se to pay, without de~alcat;on, to the order of iIRSi FEDERAI SAVINGS AND LOAM ASSOC~ATlON OF
FORT PIERCE at Fort Pierce, fb~ida, the sum of =_22L2~! w~~h ~nterest from date at the rate of 7~ 5:o per annum, in moNhly install-
meros as iollows: S 1~9~~ w+ ?he l~th day oi August ~y73 _ and a like sum on the correspond~ng day of each momh there-
afrer until the whole be fully paid.
Each installment (irst shall be appli:•d in payment of the interest and ~hen on the unpaid balance of the p~inc~pal s~m. If deisult is made in the :
payment of iny installment when due, and such detault continues 30 days, then a? the option of the holder, and without any other notice, all 1Fx remaimnq ~
installments shall be d~e and payable at once. Privilege is given to prepay this note in whole or in part at any time without penalty. NeitFkr forebearance,
rwr acceptance by the ho~der thereof afrer any default in any paYmenis hereon, shatl be deemed ezte~sion. A lale paymenl ch~rge of Z 8' 95- shall be
added ~o each instaliment remaining unpa~d 7 days after i1s due date, and a like sum shall be addzd to each such installment remainmg unpaid 7 days afte~
each succeeding patiyment date. `
Eath maker, aurety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpayment, a~d further $
agrees to any extension of time of payment, eirher before or after maturity, without nosice to any of us; and to pay all costs of collection, includ;ng a '
reasonabte attorney's fee in the event of any defau~t hereunde~, and hereby severally waives all benefit of homestead and exemption under the constitution `
and laws of each State of the United States, as against this obligation a a~y e,~tension or renewal hereof.
Witness the hand and seal ot each party. ~ \~`(1~1V ~
L~l !ll~a.!l.n~v~_ (SEAU ;
s ill an Q. busch, a sin le ~~}t
s a . usc , a ng e lt s
• (SEAl~
~
( ' ~ ~ ~ ~ ~ 1 State Revenue 3
~ 22 200 00 ~
NOW, iHEREFORE, the MORTGAGOR !er the purpose of securing payment of said sum of S ~ ' a~d the pe~formance of the
covenanls and agreements hereinafter exp~essed, artd for diven good a~d valuabk considerations, by these preseNS, does g?ant, bargain, sell, rcmise,
release, convey snd confi~,~n untQ the ~.10RTGAGEE, its successors and auigns, all that certain lot, piece or parcel of Isnd, situate, lying, and beiog in the
St. L11C1@ and State of Fbrida, described follows: ~
County of
Lot S, Block 3219, PORT ST. 1.UCIE FWRSSTA PINBS, UNIT NO. 1, as per
plat thereof on file in Plat Book 16, Page 35, of the Public Records
of St. Lucie County, Florida, i
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~ "This is a corrective mortgage given for the purpose of joining all parties
! holding title to the pYOperty described herein in the nortgage instrusent;
{ it is designed to correct identity of the mortgagor in that certain aortgage
~ from William D. Kobusch, a single adult to First Federal Savings and Loan >
Association in the Amount of $22,200.00 dated March 26, 1973 and recorded in ~
O.R. Book 213 page 2784 of the Public Records of St. Lucie County, Florida, ?
and upon ahich Intangible tax has been paid as evidenced by receipt No.134105." ?
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ol~e ' IN PAYMENT OF TAXES #
r~n~o ~
DUE ON CLJISS'C' ~NTANGIBLE PERSONAL PROPERIY~ ~
pURSt1ANT TO CFIAPTER 71•13~, AC7S OF 1911~~,~
ROGER POITRAS
q,ER1( CIRq11T COURT, ST. UlCtE 00, flA
together w~th all and singulsr the tenements, hereditsments and appurtances thereunto belongi~g o? in s~Yw~se aPP~n+'^'^9 the~~f°• and all rents, iswes,
prxeeds and profits acvuing a~d to accrue from said premises, all of which are included in the above and foregoing desuipYan +nd habendum.
TO HAVE AND ~~?~qlg the sbove desuibed and granted p?emises unto tF~e said MORTGAGEE, its svccesson snd assigns faever. And the s+id .
MORTGAGOR for - heirs, executas, administrators and assigns, hereby covensnts with tFe s+id MORTGAGEE, its suuessors and astigns, $
that -~h~-a'~g-- ~awfully seized of the said premixs in fee simple; that the same are free, clear and discharged from sll lia+s u+d ~ncu~
brances ~n ~aw or in equity, and that they will and their heirs ihall warrant and defend the title to the ame to the said
MORTGAGEE, its successors and assig~s, forever sgainst tha lawful claims and demands of all persons;
PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the prom~uwY note hereinbefore dewibed snd shall truly, promptly
and fully perform, discharge, execute, complete, comply with and abide by each s~d every the stipulations, agreements, tanditions and tovenanfs of Nid
promiasory note and of this Mortgage, then this Mwtgage and the Estate hereby veated shal{ ce~se and be null and void.
IT IS UNDERSTOOD that tlx word "Mwtga9w" whether in the singular or plural anywhere in this Mortgafle, shall be singular if one only ~~d
tvi d
shall be plural jointly and severally if more thsn one, and that the wwd "their" as used anywhere in this Mortgage shall be taken to mean "his;' "her~" p~
or "its;' whereve~ the conteat w implies w admits. Also, that wherever there is a reference in the cove~ants snd sgreements hercin contained to sny of ~ €
the pa~~~es herefo, the seme shall be construed to mean as well as the hein, legal representatives, svccessors and auigns (either volumsry by +ct of th~
parties o~ involuntsry by operation of the law) of tFx same and that the covenants herein contsined shall bind ~nd the benefiri and advantages inure -
to the respective heirs, legal representatives, successas and ass'gns of the panies hereto.
And said Mortgagors, for themulves and their heirs, legal representatives, successors and assigns, hereby jointly and severally covensnt and agree
to and with the said MORTGAGEE, its successors and assig~s: ~ _
1. To pay all and singutar the principal and interest and the vario~s and sundry sums of money payable by virtue of s+id promissory note, snd thi~
mortgage, esch a~d every, promptly on the dsys respectively the same severally becwne due.
2, To pay •11 and singular the taaes, sssessments, levies, li~bitities, obligations snd encvmbrances of every nature and kind naw on ssid desaibed
property, or thst hereafter may be imposed, suffered, plxed, levied, or +ssessed thereon, a that F~ereafter may be levied or assested upon this Mort¢
age, or the indebtedness secured hereby, e+ch and every, when due and payable, +ccwding to law, before they become deiinquent, and before any interest
attaches o~ eny penalty is incurrcd; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHALL BE PROMPTLY SAi~5F~E0 AND DISCHARGED OF
RECORD AND THE ORIGIhAL OfFICIAI DOCUMENT ~SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICIAIIY ENDORSFD
OR CERTIFIED) SHAII BE PLACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NFXT AFTER PAYMENT; and in the event that any Ihereof is no1
paid, sat'sfied and discharged sa'd NIORTGAGEE may at any t~me pay the same w any pan Ihereof without waiving or affecting any option, lien, equify or
•iqht under or by vinue of this mortgage and the iull amount of each and every s~ch payment shal~ be immediately due and paysble and shall be~r interest
~rom the d~te thereof until pa~d at rate of n~ne per centum per annum and togethe? w~th such imerest ahall be secu~ed by ~he lien of th"s rtwr9laye.
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