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Home My WebLink About1050 ~ t ~ , OORR&CTIY6 M~RTGAGB iG~~5 • . . . ' THIS IN~ENTURE. H4d~ th~ 22nd day ot Jtlly - A.D. 19~-. t t~'. ~ Al1Qn R. Pierce and Irene J. PieYCe his w fs ` of St • L1aCi@ ~~~y Ftaida, hereinaflN dtsignated a tM "MORTGAGOR;' and FIRST FEDERAI SAVINGS ANO LOAN ASSOCIATION OF fORT PIERCE. ~ corpa~Yan ap~aizad'and existinp vnda tM laws of ths U~ited Sut~s oE Am~riu a~d havinp its principa) plsq of buurwss in tM City of Port PiKC~, St. lucis County. Flwida, hcreinaftN detiynated as ths "MORTGAGEE:' WHEREAS tM MORTGAGOR is jv~tly ind~bted ro Ihs MORTGAGEE in tAs sum of s 23 ~~0. ~ 9ocd +nd lawfui money of the U~ited S~ates advanced by tha ~VIORiGAGEE v~to ths MORiGAGOR, as evide~ced by a certa~n promisso?Y no?s of even date herewi~h. of wh~ch the foibwinp in t wordi ~nd fipurss is a frue copy, to-wit: 1ie 10020996 " - i z 2:i.WV.UV Jul 22 74 Fort Pie.n. Fbrida. y 19 Fa value received, we or either of us, psom~x to pay, withovt defalcation, to the order of FIRST fEDERAI SAVINGS AND IOAN A.S~SOCIATION OF FORT PIERCE at Fort Pierce, Fbrida, the sum oi 523, ~ w~th i~teres~ from date at the rate of 9• 5°,'o ~a anrwm, in manthly install- ~--~~~s as tollows: S 2O1 on the 2~th d.y or _ November 19 7'4 and ~ tike sum on th~ cwre~pondrc+q day of each month therr e~rrr until the whofe be (ully paid. Each irutallment (irst shail be applied in psymem of the intcrest and thcn on ?he unpaid bslsnce of the principal sum. If defsulf is rrNde in 16e u F ay~nrnt of any installment when due, and such dzfault continues 30 days, then at the optan of tFx holder, and wi~hout any other notrce, sll tF+e rsma~mn~ ;;~stallments shall be due and payable at onte. Priviieye is give~ to prepay this note in whole or in parl at a~y time wilhoul pen~~ty NeiO Osbe+~+~~• nor acceptance by the hoider thereof after any defauh in any payments hereon, shall be decmed extensia+. A la~e paya~cnt charge of S_ • sha~~ b~ ~d~ed to each installment remainiog unpa~d 7 days after in due date, ~nd a like aum shall be added ~o each wch i~stallment remaining unp~id 7 days aftet each succeeding payment date. Each maker, surcty and erdwser FKreof, joinNy and teveralty, waives demand, presemment protest and ratice o~ protest fw nonpaYm~nt, and furthsr agrees to any extension of t'vne of payment, either before a after maturity, withou~ not~ce to any of us; and to pay all costs of collection, includiny • redsonable attosrxy's fee in the evem of any default hereunde?, and hereby uverally waives alt benelit of homestead and exert+Pl~c^ ~^de~ ~he ~w~stitutao a~~d Iaws of each State of tt+e United States, as aga~nst this obGgation w any eatension w renewal hereof. Witness ?1+e hano and seai oi esu. ~~ty. S~A11~I1 C. ~'1@IC6 - ~U cs~?u ~ S/Irene J. Pie rce ~wu - cs~w ~~~~~'~'~~~1 State Revenue NOW, THEREFORE, the MORTGAGOR fw the purpox of securing payment of said sum of S 23 ~nd the P~?forma^ce of ths covenann and agreementi hereinafter expressed, and fa diven good and valwble considerations, by thest prosants, does grant, baryain, u11, remiu, n:lease, convey and coniirm unto the MORiGAGEE, its succesaors and assigns, a11 that certain lot, piete or partel of Isnd, sitwt~, lyiny, and beirg 1h~ County of St. LUC~@ • and State of Fbr'~ds, desv+bed ~s fdlows: Lot 10, Block 82, Lp?KBWOO~ pARK UNIT 7, according to the plat thereof on file in Plat Book 10, Page 56, Public Records of St. Lucie County, Florida,r This is a corrective aortgage desig~ed to correct an erroneous legal description appeazing in that certain mortgage of even date hereaith recorded in O.R. Book E 230, page 151, of the public records of St. I.ucie County, Florida, and upan which ~ Intangible tax Has been paid as evidenced by receipt No.373611 ~ ~ ~ ~ ~ - IM tfif1~ ~ 1NCQ ~ ~ . ~ t11T1N1~ 1971. jjt ~ , w~ ~'0 ~ ~ ~u?. ~ , rogether with all and singular ~he tenements, hered~taments and sppuMences thereunto belorgjng o~ in ~nYv+ise apparqinie~y tha~ato. ~nd aU r~nri, issws. _•oceeds and prof7ts scuuing and to acuue from said premises, all of which ire included in the abov~ snd fore~°u'0 descriPt'°^ ~^d I~+b°~^' TO HAVE AND TO HOW the above desa~bed and gra~ted premisa unto the said MORTGAGEE, its successas +nd +ssiy^s forewr• Md ~M s+~ ti'.~RTGAGOR for their executw~, admin~a+rators and assigns, hereby coven+nn with tM said MORTGAGEE, its succeswrs ~nd +ssgns• ~hat - theY are ~awfully seized of the said prern~ses ~n fee simple; th~t fM same ~?e fnt, clesr ~nd disch~rg~d from all lism and ~ their ~ ~~ances in law or in equity, and that they will and hein shall warrant and d~fend the titk ro the ~arn~ to th~ ~+id ~ h50RiGAGEE, its successo~s snd auigns, iwever aysinst the lawful diuns and demands of all perw~st PROVIDED, ALWAYS that if the MORTGAGOR shsll pay u~to the MORTGAGEE the proro~ssaY ~ot~ he+einbefae desvibed ~nd sh+ll tn+lY• Pr«^M~Y ~ r~d fully perform, d~scharga execute, complete, compiy with and abide by each and every the stipul~tions, ~greemenri, conditaro and coven~nts of s+' 00 ; ~~a~,~ssory note and of this Mortgage, then this Ahortgsge and the Eshte hereby ueated shall cease snd be null and void• ~ IT IS UNDERSTO~D that the word "Mortgsga" whether in the singular w pl~rsl ~nywhsr~ in this Mwtyaye, shall b~ ainpulu if ons only and shal! be plural jointly and sever~lly if more thsn one, and thst the wwd "their" ss used N+ywhere in thi~ lNonps~ shall bs takM to mtan •'his,•• '~hns:' ~ ~ cr "its;' wFxrever the context so implies or sdmits. Also, thaf whereva the?e is ~ reftrente in the tovenants a~d ~resmen» herein caftsined to srry of ~ ~ !he partEes hereto, the same shai: be construed to mean ~s wetl ~s the heirs, kyal represent~tives, waesson ~nd asfigns (either voluntary by Kf of tlf~ parries or imolumary by operation of the law) of the same and that ihe covenaon hsrein contained ahall bind .nd rhs beosfin .nd sdvan?.pes inw~ 0 ~ ro the respective heh:, kgal repres~nutives, successors and sss°9ns of ths parties heroto. ~ qnd sa;d N~ortg~gon, for themselves and their heirs, legal representstives, s~ccessas u?d ++slyns, her~bY loir?tly and s~verally coven+m a~d +yr~e ~ ~ ro and with the said ~NORTGAGEE, its suttessws and suigns: `~.a 1. To pay all and sirgula~ the principal snd interett snd the various and sundry wms of mw~ey p+Ysble by virtue of said promisfory not~, snd thit O ~ martgage, each and everyr, promPtly on tf+e dsys respectively the same iewrally become due. 2. To psy all and s~nQvln ths tsxes, assessments, levies, liabilities, obliy+tions and tncumbr+~c~s of wery ^+tw~ ~^d k'^d ^ow s+~d d~s~~Q P~~~Y, a that here~fi~r may be ~mposed, svffered, pl~ced, levied, o~ asse~sed thereon, w th~t hereaha may b~ levied a asses+ed upon this Mor1p~ ~ s age. a the indebtedneu ~ecvred hereby, e+ch and every, when due and payable, sccordinp to Isw. ~efwe they becan~ ddinqwr+t, snd b~for~ My G~ta~s~ ; ~ a~taches w any penalty is incwred; AND INSOfAR AS ANY THfREOF IS OF RKORO THE SAIVIE SHAII dE PROMPTIY SATISFIEO ANO DISCHARGEO OF ~ ~r: a~=x RECORD AND THE ORIG1NAl OFfIGAI DOCUMENT (SUCH A5, FOR INSTANCE, TNE TAX RECEIPT OR THE SATISFACTION PAPER OFfICIAItY ENOOR > OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; and in the event tMt any t a no1 ~ pa~d. sat'sfied and dischsrged sa:d MORTGAGEE msy at any t~me pay the same w any•part thereof without w~iviny a s(fettin9 a~y opYwn, lien, eq~iry w ~ •~~ht ~nder u by v~rtue of th;s mortgsye a~d the fvll amounl of each and every wch paymeM shall be immed'utely due aod pay~bk ~~d th+~~ be+~ „?fertst ~re-*~. ~he da+c f~ereot v~'~f pa d a~ rate of nine per centum per annvm a~d topether w~th stxh iMereft sM~l be secuted by the lien of th's morgtage - . . _ Y. _ _ >:~r