The URL can be used to link to this page

Home My WebLink About1998 WKKCI•a lva i~ancave~va ~Q ~ . . ~ ~ ' ~ . THIS INDENTURE, M~ th• 18Lh ~y of April A.D. 1974 betwNn Williaa Kerses a~d Doris Kermes~ his wife , af $t. ~.11C @ ~~n~y F~a;d~, FNreinafter deiig~afed as the "MORTGAGOR:' and FIRST FE~ERAI SAVINGS ANO IOAN ' ~ ASSOCIATION Of FORT PIERCE. • torpontion orqanis~d and existinp w~dK tM I+ws of th~ Unit~d S~~t~s of Am~~iu ~nd Mv&+0 in principal plaa of ~ bUs~neas in th~ City of Fwt Piace, St. lvcie County. Fiwida, heriu~aftK ~siyna~ed as ths "MORTGAGEE." WHEREAS the MORTGAGOR is juitly indebted to 1M MORTGAGEE in ths sum of : 11 ~0~• good aid lawful mon~y of the United States advanced by tha MORTGAGEE unto the MORTGAGOR. ~a~s T~ ncad b~~ certai~ promiuory no~e of even d~te herewith, of which the foltowi~p in .~~rdsil VW~ 00 trw copy, to-wit: t;~ 10020$11 s ' ' - APsil 18, ~ 197d . Fwt Pierce. Florid~, Fw value received. 1, we w either of us, prom~ss to y wNhout def~lcatio~, to ~he order of FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FJRT PIERCE at Fwt Pierce, Florida, the sum of f li~~•~~• w;~h interesf from date at Ihe rate of 8'7~6 p~ snnum, in rtanihly install- ~,~~~~ts a: fatows: S 91•OO- ~ ~he?Oth d~y °f 19_~~ snd a like sum on the corresponding day of each mo~th tF~e- otrer until the whoie be Fully paid. Eath installment firat shal) 6e applied in payme~t of the lnteresf and then o~ the unpaid balance of 1M principal wm. If default is m~de In the F;,,y~nent of any instaltment when due, and such deiault continues 30 oays, then at the option of the holder, and without any other notice, all 1he rem+I^irg ~nsrallments sAall be dve and payable at once. Privilege is give~ to prepay'lhis oote ia whole w in pu1 +~+Y tim~ withouf pe~+hy Ne~th~t forebearu~te, nor acceptante by the holdt+ th~reof aiter any default in any paYmeNS he~eon, shall be deerr.ed extension. A late p+ymeM cMrgs of i 4• 55 s~~~ ~ :~d:.~rd lo zact~ installment remaining unpaid 7 days after its.due dale, and a like sum shall be added to each such installment rart?aining w~paid 7 days affer ..~ach succeeding paYmeM dare. Each maker, surety and endorser hereof, jointly and severally, wa~ves demand, presentment protest and notice of protest fw nonpaymen~, erv! h+nhsr a~~ees ?o any extension of n~ne of payment, e~ther before or aftet maturity, wiihout :=ot~ce to any of us; and to pay all costs of collection, includinp a r~~.~sonable a~torney's fee in the evcnt o( any delavlt hereunde~, and hereby severatly wa~ves all benefit of homestead and exempNon under the cautit~tioo ;rd laws of each S~ate ot the United States, as against this obligation w any e,ctension or renewal hereof. W~mess ihe haod and xa) of each party. s Williams K~eraes ~ cSewU s/ Ooris Kernes (sEwq ~ State Revenue . 11 ~ 0~ ~nd the rformance of the NOW, THFREFORE, the MORTGAGOR for the purpose of securing payment of said sum of S ~ covenants and agreements hereinafter expressed, and fw divers good and valuable conaide~+Yans, by these preser?ts, does grant, barysi~, sell, remise, r.=lease, convey and confirm unto the MORTGAGEE, its s~?ccessors and assigns, aIl that certain bt, piece or p+rtel of Isnd, situate, lyiny, u~d beinp in 1h~ County of St.. L1iCle and Stste of Florida, dewibed as follows: Lot 1, Block 3, PINECREST BSTATES UNIT ONE~ as per plat thereof on file in Plat Book 16,page 34 of the public records of St. l.ucie County, Rlorida This is a corrective mortgage given to correct the legal description of the real property described in that cestain mortgage betw~een the parties da?ted April 18, 1974 and recorded in O. R. Book 226, page ~ 1590, public recozds of St . Lucie County, Flor ida, ahich s aid aort- ~ gage is to resain in full fosce and effect as though legal description of the security Mas correctly stated therein. Class C Intangible Personal Property ?ax and Documentary Stamps 2axes have already been paid. See Class C. Intangible Personal Property Tax Receipt No. 312182. ~~x~ IN PAYMENi Of TAXES ~ ~ ttrANGIBIE PER90N~ PROPERIY. pIlR~1~T 70 p1~P~ER Tl-1~~ ~ l~L . ~ER ~.lvr~-~'" aytK CItiG1R ro9ether with a~l and singular the tenements, hereditameMS ~nd sppunsntes thereunto belonging o~ in +~Yw~ ~PP~t~ininp the~eto, ~~d ~Mn' c•oceeds and profits sccruing a~ to accrue from said premises, all of wii~ch ~re included in the ~bove s~d forparp dex~~Wion ~+d TO HAVE AND TO HOID the above described and granted premises unto the said 1MORTGAGEE, it~ waessors snd auipns forevM. Md th~ said !.tGRTGAGOR for -~~~t---- ~~~s, executws, administrato~s and auigns, hereby covenanfs with fh~ uid MORTGAGEE, ifs wtcessors and ~ssiyro• ,h~t thQY d=P~- lawfully u~zed of the ssid premis~ in fee simple; tiut the s~me are free, cleu ~nd dischuged from all liens ~nd ~ crances in Isw or in equity, and that theY will snd their ~ h~;., sn.u w+rrant ~nd d~fend the title to ths s+me to tM s+1d :'.ORTGAGEE, its succeuws and auigns, (orever against the lawiul claims a~d demands of alt persoro; PROVIDED, AtWAYS thst if the MORiGAGOR shall pay vnto the MORTGAGEE the promiswry note her~inbefwe dew'b~d snd sh+~~ trtily, promptly a~d f~lly perform, d~xharge, execute, compkte, comply wi~h and ab~de by esch ~nd every the stipulaYrons, apreements, conditions snd cova+~nis of said _ F.rom~ssory note and of thi~ Mortgage, then this Ahortgage and the Esrare hereby veated sfi+ll cess~ u~d be null +nd vo~d- IT IS UNDERSTOOD that the wud "Mwtgsga" whether in the singular w plunl anywhere in this Maty~ye, thall be sinyulu if one only ~nd shalt be plural jointly and seve~ally if more than one, snd that the wud "their' as uted ~nywhere in this Mat~sye sh+ll be tsken to mean "his," "1~trs,•• or "its;' wherever the context so implies w admits. Also, that wherever there is ~ reference in the cove~+nri ~nd ayreemems hetef~ aontsined to aMr of : ~he psrtics hereto, the same shall be construed ro mean as well as the heirs, ley+l represenbtives, succ~ssws snd ~ssi9^s (either vol~ntsry by act of th~ ?A parries o? involuntary by operatan of the Isw) of the s~me a~d that the covenanb herein contsined s!»ll bind +nd rhe bensfin and advanb~as irwrt W i to ~Fu respective heirs, kgal representatives, successws and ass~g~s of the psnies hereto. ~ And said Mwtgsgors, for themselves and their heirs, leyal represenativd, successon +nd +ssi9^s. F~erebY lointly ~nd severally covensnt and ~pr~e ~ ro and w;th tF~e said MORTGAGEE, its s~rttessc?s and suigns: 1. To psy sll artd singular the pri~cipal snd interest and the var'wus and sundry surt?s of moneY WYable by virtve of ssid promissory note, and this ~ morfgsye, esch and every, promptly on the dayi respectively the same sever~lly becane due. 2. To pay all snd singuls~ the axes, auessmeats, kvies, liibilities, obliyaYwns and encwnbrar~ of ewry nshue and kjnd now on s+fd dacrib~d Property, or that hereafttr may be impoted. ~vfferod, plxed, levied, or auessed thereon, w tMt hereafter may b~ levied w atseswd upon tF~is MortO' ~ age, a the indebtedneu iecvred Ixreby esch and every. when due and payabk. ~ccadirg to law, befort th~y become delinqwnt, and b~fon ~np imuat • arraches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAII SE PROMPTIY SATISFIEO AND OISCiIARGEG Of RECORD AND THE ORIGINAL OffIC1Al DOCUINENT (SUCH AS, FOR INSTANCE, THE TAX REGEIPT OR 1HE SATISfAC710N PAPER OFfICIAIIY ENDORSED OR CERTIFIED) SHAII BE PLACEO IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and i~ the event that any thereof is not pa~d, sat'sfied and discharged sa:d MORTGAGEE msy st any time pay the ssme or any part thereof withwit w~iving w affectinp any option. IiM. equih or ~~qh+ vndar or by v~rrue of th~s mortgsye'and the full amount of each and every ivch payment shall be immediately due snd paYable +nd shsll bear interest c.o..~ +hP da~e ~hereof : nr:i ca d a+ ~ate of nine pe~ teMum pe~ annum and toyether with sucb inferest shall be secured by the (ien of th's mo~gtagr. - - - - - ,"'y < ~ - t~ n' _ . - x :iP... .r=a a. ~