HomeMy WebLinkAbout2148 ? ~ ~ C~ORRFCTIVE MO' 'K'AGB ;~931 _
; ~ '
.~UIY • A.D. 19 74 •betwetn
THIS INOENTURE. IM+d~ ~M lit , day of
~ John Ml. Jane, a ain~1P ~a t _ ~ _
~f $t ~(,11C~Q Gounty Ftorids, hereinaffer dssy~atcd as the "MORiGAGOR." ar.d FIRST ffD~RAI SAVINGS ANO IOAN
aSSOC1AilON OF fOR~ PIERCE. a cc~Pwaiw^ ot9~n?zed and e;iat~ny unda the laws of Ihs Un~ted St~~as oi America and having ~n W~^dP'1 P~+n of
t~s~ness in ~M City of fw~ Piace, St. luua County, fiwida. herei:after despnsred as ths "MORTCsAGEE:'
WHEREAS ths A10RiGAGOR is juatly indebted to the MORTGAGEE in ehe oum of S- 33.7~.00-- 9~d a^d lawiul money of the Un:ted
;r:,frs advancrJ by thr MORiGAGEE unro the MOR7GACaOR, as e:Ede~xrd by a carta~n ~om~uwy no~e of even date he~ewith, of wh:ch the (ollow~ng in
.,~.ds and :~gures ~s a vue copy. ~o-,~~t: ' 1QQ'Z0964
s _ 33.700 . 00 ~O
Fwt Picrce. Florid~, .JUIY 1 1914_
fo~ value received. 1, v~r w 0~ther bf us, promite to pay, w~thout defatcat~cn, ~o +1~e o~Je~ of FIR51 FEOERAI SAVINGS AND LOAN ASSOCIATION OF
~.~~T PIERCE at fo~t P~ercr, fbrid;., ~hc su:n or s-- 33 L'700. ,,,,;~i, ;nerre~~ (~wn da~~ at the rate of _ 9•
5'~ per annum, in mo~~hly in~tall-
as (a'c,Ks: 3_295.~ ~~he 20th day of _`1uly 19_?4 and a tike sum on the couespw~ddng d~y of each month there-
_•~.•r ~ntil ~ne wlwle tx f~Uy pa~d.
Eath installment I~rst shall be appl;rd in paymtnt of the interest and thrn on the unpaid balante o~ the princ~pal sum. If default is msde in the
,..nrnt of any instattment v.han due, and such default coni~nues 30 daya, then at tl~ option of the ho:de~, and witFw.it any other not~ce, all the remain~ng
.•;rollmems shaU be d~e and payab:e at once. Priv;lege is given to prepay lhis note in whole w in part at any time without pen~lty. Nei~ r~S ~~?te,
,~_~r acceptance by ~he tw'dv rhereof after any default in any pa~ments hereon, shatl be deamed extension. A late paymenf charge of ~ • sha~~ bs
.::-_d ro ecch ins~~~~~nrnr remainuig unpa:d 7 days aieer Fts due date, and a tike svm shail be added to each such installmen~ rema:ninr unpaid 7 days after
_.h s~cceed~ng paYn'c^t dare.
Each makar. surety and endorsrr hercof. jointly and sevrrally, waives demar.d, p~esen•men~ protest and notice of protest fo~ nonpaymr~+t, and furthet
•~c•s to any extens~on of nme of pay:nen?, e~~her beic:e or after mawrity, wi~hout not~ce to any of us; .r.3 t~ ~.sy s!1 cos!s of collection, includ~ng •
~~~able atto~r.ry's fee in ~hr event of any driau:~ F~ereundrr, and hereby srvc•ally wa~ves all benefit of homestead and ea~mption uodet the ca+stitution
~'aws of eaco S~ate of ~he U~•+ted Stetes, as aga~nst th~s obligation w any ratens~o~+ o< <enewal hereof.
W~tness the hand and seal of exh partv. g~ John W. Jane, a single aG~~
u
~u
cs~?u
ti~,~~,~Cy cs~?u
~ t State Revenve
NO'JV. THEREFORE, ehe MORTGAGOR for the pu~pose of secw~ng payment of sa~d sum of S 33 s 7~• ~ _ and the performance of tF~e
- r.,~nts and agreemenrs hero~naftrr exp~cssed, and for divers good and valuable coosideratioas, by theu p~esents, does gwnt, bargain, sell, remise,
~;ose, convey ar.d co~1~~m unto the 1dOR7GAGEE, its successors and ass~gns, atf that certain lot, piece or pucel of land, sitw:e, lying, and bein9 in ihs
`J~~~ aF $t . LLICl@ and Srate of Florida, dexribed a~ follows:
1_ot 15, Block 58 of South Port St. Lucie, Unit 5,
thereof on file in Plat Rook 14,Pa~e 12, 12A -
12-G of the public records of St. Lucie County,
Florida,
This is a corrective mortgage designed to correct
an erroneous legal description appearing in that
' certain nortgage of even date here*rith recorded in
~ p.p. gook 229, Page 1508, of the public records of
, St. Lucie County, Florida, and upon which inLangible
f tax has been paid as evidenced by receipt No373494 .
~ t?~
~ • - ~N p11YMEtR ~
~ INtANGIBLE Pf- T:i•lll PR~Rn.
~~j~ TO CHI~PSER il-1
~TS ~ 1971- ~,~c
aOf.ER PU
CIRC11~t O~Rj• S~. LUCIE W+
~~*her w~th all and s~~.gular the ter.ements, Mreditaments and appurtaoces thereumo txlonging or in +nywise ~PPe?~aining thtrtto, ~nd aU rents, 'utves,
~•oceeds and profits accrui;g and to accrue from said pre~nius, al! of which are induded in the sbove and fwegoing dest?iption snd h+bendvm.
'i0 HAVE ANO TO HOt~ the above desc+~bed and granted prem~scs unto the said MORTGAGEE, its successors and sssigr+s forever. Md tM ~aid
,:~2iGAGOR for ---hls------- ~~rs, executws, adminisrrators and assig~s, hereby tovenants wifh the s~id MORTGAGEE, its suctessws and assiyro,
~ ~.,,r lawfully se~ied of the said p~emises in fee simplr, thst the ssme are free, dtar snd discharged from i+ens +~d entum'
he----
~-e~.:es ~r+ law or in equ~ty, a:+d that he W~~~ ~nd his heirs shall warrant ~nd defend the title ro the same to tht ssid
~ .~,'~RiGAvfE, ib s..ccessocs and assigns, forever agamst the lawful daims and demands of sll persons;
PROVIDED, AIWI?YS that :f the N.ORiGA~'~OR shall pay unto the MORTGAGEE tlee pra+i~sswY rate hereinbefore destribed snd sh+~l t~uly, p?omptly
~ ,-d fo!ty Rerform, d.scharge. execu~e, complete, comply w+th ar.d ab~de by each and every the etipulations, agreeme~t~, tondifions :nd covenants of said
_•o;ssory note and of shis Mortgage, then this lAurtga7e and the Estate hereby ueated sha~l cease and be nut! aod void.
IT IS UNOERSTOOU tFsat the wwd "Mortga9or " whe~her in the singu~ar or plural ~nywhere in this Mortgsge, shsll be singulu if w+~ only and
s~a!: be plura: jointly and severally if more than one, and that the wwd "their" ss used anywhere in this Mortgage shall be t~ken to meu? "his."'"hers.~"
•';ts." wherever the co~text so implies or adrt+~ts. Atso, that wherever there is s reierence in the corenants snd agreements herein cont+ined to any of
r-e parties heroto, the same shall be construed to mean as well as the heirs, legal represematives, wtcesson and assigos (either voluofsry by ad of tht ~7d'
;.ar:+es o~ involuntary by operation of the law) of the same and that the covenants herein contained shail bind snd the benefits and adva~tsges inurt
~ the ~espective he"us, fegal represematives, successas and ass'gns of the parties hereto.
And sa;d Mortgsgors, for themxlves and their heirs, legal represent~tives, successors u+d +ssig~s, hercby lointly and seva~lly covenant ~nd apree
fo and w~rh the said MORTGAGEE, irs successws and assig~s:
1. To pay all and singulsr the principal and interesr and the various and sundry s:;ms of money payable by virtue of ssid promisswy note, ~+d this ~
morlgage. ~ach and every, prompfly on tF+e days respectively the same severalty become due.
2. To psy aIl and s~rgvlar the taxes, asxssmems, levies, liab~lities, obigations and encumbrances of every n+ture and k'u+d naw oo s+~d descr~ed
property, or that hereafter may be impoted, suffred, p~+ted, levied. w sssessed thereon, a that ircreafter may be lev~ed a assessed ~pon this Mortq'
age, w the indebted~eu secured hereby, each snd every, when due snd payab!e, xcading 10 law, befwe they become delinquent, snd before ury interest
arraches a any pena?ty is i~currel,; AND INSOFAR AS ANY THERfOP ~S OF RKORD ?HE SAME SHAII 8E PROMPTIY SATISf1ED AND DISCHAR6ED OP ~
Qe~ORD AND THE ORIGIN:AL OFfIC1Ai DOf_UMENT ;Sl1CH A5, FOR INSiANCE, THE TAX RECEIPT OR iHE SATISfACT{ON PAPER OFfIC1ALLY ENOORSE~
~R CERTIFIFO) Si1All BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEX~ AfTER PAYMENT; snd in the event thst any thereof is no4
ca~d, sat sfied end d~ac7~erged sa:d IAORTGAGfE may at any Iime pay the same or any part thereof without waiving w affecting any option, lien, equity or
.,qhf v~:der o~ hy 1-t~~e of ~h~s Tortgage and the full amo~nt of each and every such payment sball be immediately due and payable and shall bear interest
, •.a+a of n~ne per centvm per a~num and together w~th such interest ahall be secured by the lien of eh s T,c.a rg•
s
~ _ ~ 3
- Y
~ ~f;
~ ~
~ ~
~ . -