The URL can be used to link to this page

Home My WebLink About0447 _ . 281420 THIS INOENTURE. AMd~ ths 28th daY of ~YC . A.D. 19 74 betw~? . Willias M. K~lly and ida M. Kelly, .his wife__ of $t. t.uC~! , CpMty Florid~, MninaffK dssiyn+ted ~s tM "MORTGAGOR;' ~nd FIRST FEDiQAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE. + corporation wyu?i:~d +~d ~xis~inp u^d~? th~ I~v~n of tM Vnit~d Stua of Ame~ka and Mvinp in princJpal plac~ of bu~inp~ tn tM City of fwt PiKa. St. lvci~ Covety. Florlda, hK~in~he* d~sip^ued u tM "MbRTGAGEE ~ WHEREAS tM MORTGAGOR is ivatly ind~bt~d to tM MORTGAGEE in ths sum of ~ 2g ~ Z~• ~ ~ocd snd lawful ma+ey of the Un~ted States advanced by tM MORTGAGEE unto 1M MORTGAGOR. +s evideoced by a uruin promiuoryr nole of eve~ date herewith, of which the followinq in wads ~nd fipw~s b• trw copy. towit: 10020749 ~ =28 , 200. 00 ~'~O ~ Pk~.. F~o.w., March 28 i9.?9_ c~oer ccncYSl cAVINC>S AND IOAN ASSOCIATION OF _ For wlve recelved. ws or eirner oi us. P.w.uas iu ws. •:•~.-.t-::- - - FORT PIERCE at Fort Pierce, Fbrida, the sum of = 28 ~ 2~' ~ wi?h interest ftom d~ta at the rate of 8~~9(s per +nrwM. ma+thly inst~ll- ~~n .s td~o~: ~ 232 ~ t~ 2~~1 ~y of July 19 74 se~d a lik~ s~m on the correspondirg day of each month therr after ~ntil the whok bt fully paid. Each insullment fi~~t shall be applied in p+yment of the interest and then on the unpaid b~lance of the pri~Gpal surt?. If defeuh is m~de in 1Fw payment of anY installment when dus. and wch default continues 30 days, then at the option of the holde~. and without sny other not~ce. a~) the remaining ~nstallmer+ts shsll be dus and payabk at a?ce. Privileys is piven ro prepay this note in whol~ or in put at ~ny time withow penalry. Nei i f 6O ruxe, nw Kceptancy by the holde~ thereof after any defwlt in sny payments hereo~, iha~~ be dee^~ed extanan. A late payme~t cl»rga of s • - sh+~~ bs added ro ead+ installme~t remainirg unpaid 7 days aftar ih dw date, ~nd s like wm shall be added ro each such instaltment remaining unpsid 7 days aher each s~ccaedioy payment date. E~ch m+ke~, surety and e~+dorter hereof, joiMly and severally, waives demsnd, p~esentment protest and no~ice of proteat fw na+p+Y~+t, and funher agrees ro any extenian of Ywne of paymem, elther befwe w after maturity, without notice to sny of us; ~nd to pay all costs of collection, indudinp • reasonabk ~ttuney i fes in the event of any defavlt hereunder, ~nd hercby severally waives alI ber+efit of homestead u+d exemption unde~ 1l+e cons?Y~t'°^ and laws of esch Staro of the United States, as agairut this oblipation w any extensior+ or renew~l hereof. ~tness ths hsod snd seal of euh partY• ~ (SEAU ~ s 11 iaa M ts~?U ~ ts~?u s da M. elly ~au ~ ~ ~ ~ ~ ~ ~ ~ ~ Stat~ Revenw (s.~.-..~i.d. «..«ys.~.w.~ ~ 28 . 200. 00 ~ ~~d the orm~nce of tM NOW, THEREFORE. the MORTGAGOR for the purpose of sec~ri payment of said sum of i ~ covenants aod a9reements hertinafter expressed, and fw dvers yood ~nd vatwble caaide?atio% bY tMse presenb. does pr~nt, barysin, se11, remise, releas~, convey and~on firm uMO the MORTGAGEE, ib wcceswn and auiyns, all that oertain lot, pieoe o~ p+rte~ of Isnd, situste, lyiny, snd being in the ~~~ry ~ `~t• L~1Cie end Stat~ of Flwida, deanib~d as fdbwa: Being a parcel of land lying in Block 32, LAKBWOOD PARK SUBDIVISION ~iIT N0.4, accoYding to the Plat thereof ~iled in Plat Book 11, Page 2, Public Records of St. I.ucie County, Florida; the boundary of said parcel being aore particu2arly described as follows : ~ TRACT 14 ~ Rroi the Southwest corner of the aforesaid Block 32, run North 296.50 feet to the point of beginning; thence continue North 85 feet; thence Ba?st 150 feet; thence South 85 feet; thence West 150 feet to the point of beginning, subject to an easeaent for drainage purposes acroas the South 10 feet of the aforesaid described parcel.~ i ~ "This is a corrective aortgage designed to correct an erroneous legal descziption appearing in that certain aortgage of even date here+rith recoYded in O.R. Book 226, page 1434 of the public records of St. Lucie County, Florida, and upon which ° intangible tax has been paid as evideneed by receipt No. 312167.'!~/ . ~ f~~ ~p IN PAYMENT OF TAXES DIE 011 CUISS'C INTAl16181.E PEi~l:~l. P40?ERIY, ppRSIW(i jp CHAP'IER 71•134, ACTS OF lfill. ~q~ IqGEB POITRAS ~ CIERK CIROUR OOUItT. ST. L~lCIE 00, ~ togethet with all and singula? the tenemenri. her~tamenri and sppurtsnces ihereunto belonyirg or in anywise ~ppe<<sinirg ihereto. ~nd a0 renri, iswes. proceeds ~nd profin scaui~g ~~d to xcrue From said prem~ses, all of which are includad in the above and fae9oinp dsscriMion ~nd h+bsnd'K^- TO HAVE AND TO HOID tha ~bove descr~bed and yrsnted prem~ses onto the said MORTGAGEE, ib woceswn and +ssi~ns for~~a• Md ~ N~ MORTGAGOR for their hein, executon, administraton ~nd +ssigns, herebY coveru^ri with the ~aid 1MORTGAGEE, its s~xceswrs +nd ~stipm. that they are IawEully seized of the s+id P?er^ises in fee simple: th~t the sunt a?~ frN, ckar a^d fiiscF~srped from ~11 liens +nd enewn- brances in law or io equity, and thst they ~11 ~ theiY hein siull warrant and defend tM title to the sam~ to the said ' MORTGAGEE, tn wccessors +~d suiy~s, forever spainst the Iawfvl dsims and demands of all persom: - PROVIDED, ALWAYS tF~st if the MORTGAGOR thall paY unto the MORTGAGEE th~ p~orriatorY rat~ hsreinbefon dex~ibad and sh~ll tn+lY• Wo^'~P~~Y and fully perfam, dixMrge, exetuts, compkte, complY with snd sbide by each snd every the stipulations, preemenri, cooditaro snd ooven+MS of s+id prom'asory note and of this Mortgsge, then this Mortgaye and the Estste hereby vested shsll a+s~ and b~ null aed void. IT IS UNDERSTOOD that the word "Mort9+yor~ whether in the sirgular w plwal u+ywhers in this Mortgs~e, shall be sirgulu if one only +nd 0 shall be plvnl ioir?tly ~nd severally if more than one, and that the word "their" as vsed anywhere 1n N+is N1wty+?e sh+ll be tske~ to mean "his." "hers.•• or ••its•• whereve~ the conte:t so implies or admits. Also, that wherever there is ~ refe?ente in tlK coven+nri snd spreemenb herein oontain~d ro amr of t1,e part;es hereto, the same shsll be consrrved to mean ss well u the hein, leysl representatives, successors and +ssiy^s (either volunury by act of tFw pa~ties or involunfary by operation of tF~e law) of the same and that the covensnn herein contained sMll bind and the benefits and advantspa inur~ ~ ro the respeetive hein, k9a1 represenfatives, successors and ass~gns of tF~e parties herero. qrd s~id µortgs~ws. fw themselves snd their hein, legsl represeotatives, successas +nd +ssig^~, hsrebY lantly and severally coven~nt snd apree ~ ro and with the s+id N10RTGAGEE, its svccessors and assi9ns: ~ 1. To psY +II and sinpulu t}+e pri~dpsl and ir+terest snd the vsrious ~nd sundry sums of mo~?eY P+Ya~ by virtue of said promiuwy rate, and thn T mortgs~e, exh ~nd every, prort~ptly o~ ths dsys rdpettiveFy tM ssme sevenlly becort~e dut. j 2. To pay all and w~pul~r the t~xes. ~ssaunenb, levies, lisbilities, obliyst~aa snd sncvmb~nces of every ~+tvre and kind now o~ said d~wibe~~ W~Y• a that hae~Ner may be Nnpo~ed, wffered. Pl~ced, kvied, or +ssessed thereon, a th+t Mreafter may b~ kvied or asses~ed upon tF~ sye, a tFK M~debtedness secwed hersby, esd~ snd every, when due snd p+yable, aawdinp to law, before they become delinqvsnt, ~nd befon ~ny imtr atraches or any penalty is ~ncwred; AND INSOFAR AS ANY iHEREOf IS OF RKORD THE SAME SHAII 8E PROMPTLY SATISf1ED AND DISCHARGEU RKOR~ AND THE ORIGINAL OFFICIAL ~OCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfICIAtLY ENDORSED OR CERTIFIED) SHALL BE PLACED IN THE HANOS OF SAID MORiGACsEE WITHIN ?EN DAYS NEXT AFiER PAYMENT; ud in the event that any thereof is rw1 psid, sat'sfied and d'acF~aged s+td MORTGAGEE may st any time psY the s+me a ~ny part thereof withart w+iving or affectir+y any option, I'~, eqvity or .iqht under or by virtve of this mo?tgage and the full amo~nt of esch sr+d evcry wch payment shall be immedistely due snd psyabk and shsll beu interest ~.om the date thercof until paid at ?~te of nine per centum per +nrwm +nd ~o9ether with such interest shall be secured by the lien of th:s morgtaye• - - - - - - -;_z~.c. - - - - ~ ~ .ta*yFist