HomeMy WebLinkAbout2487 e OORR~CTIVB MJR'K'~NGB ~
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iHIS INDENTURE N4d~ ~he 22nd d~y of ~J~Y - A.D. 19~~ b~tw~e+~
Allen R. Pi,erce a*+d Ir ~e P~pY~e, his .bt,ite .
of St Lur_i@ Cnunty Ftorid~. henin~f~p d~s~9^+t~d ~i 1M "MORTGAGOR." ~nd FIRST fEOERA~ SAVINGS AN6 IOAN
ASSOCIATION OF FORT PIERCE, • cwpor+~wn w~+~~zed +^d exutinp unda tM. laws of 1M Unit~d S~at~s of AmKic~ ~nd Mvinp its prlncip~l pl~a of
buiinys in th~ City oi Fort Pi~c~, St. luci~ Covnty, Florida, her~inaftsr desipn+ted tM "MORTGAGEE:'
O.O~ ~nd lawf~l mon~y of the Un~t~d
WHEREAS th~ MORTGAGOR is j~stly ind~bt~d w tta MORiGAGEE in tM sum of S_~~.~~ 9~
States advenced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certa~n proauuay note of ~ve~ date herewith, oi whith the followinp {n ~
wordti and (yurei is a~rw copy, towit: ~,~p 1QQ2~99b
~ 23,000.00
Fwt Pierc~. Fbrida. 3~y 2~ 1974
Fw val~e received, I, we or either of us, prom~se to pay, without defalcation, to ~he orde~ of FIRST FE~ERAI SAVINGS AND LOAN ASSOCIATION OF
rO~T PIERCE at fort Prerce, Florida, the sum of =_~31-~~.OO with intere~t from date at ths rat~ of ~_°w pe~ ann~m, in monthly inst~ll-
.•rn!S as totlov.~s: S_ 2~1. ~ ~ t},Q ZOt~l day of November 19~_ snd + I~k~ sum on the cwre~pond~ng day of each ma+th therr
afrrr until the whcle be fully pa~d.
Each installment first shall be applied in paY^+e^~ of ihe interest and then on the unpaid b~l~rtct of the principsl swn• If default is msd~ in th~
~:a,~nent of any installment when due, and such default co~tir.ues 3^ days, then at ~he op~an of ti+e holder. and withow +ny other notice, all ths remai^inp
~~,s+allments shall be due and payaale at once. Privile,~e is given to prepay this note io whole w in pa~t at sny timt without penalty. Ne~the? forebaar+^c~,
r.or acceptarxe by the holder t~re?eof efter any default in sny payments hereon, shall be deened ex~~nsion. A ta~e payment cMrg~ of li
Q=-.QS sh+~~ bs
.,d~ed to each iostallmcm rema~niny unpa~d 7 days after its due date, ~nd ~ like ~um shall be added to each such installment remaininq unpaid 7 days ahet
each succeeding paYrt+ent date. ~
Each maker, wrety and cndwscr hereof, janlly and severalty, waives demand, prexntme~l p?otes: and no~~ce of p~otest for rwnp+ymenl, and further
a~~eea to any extensio~ of time of payrrKnf, ei~he? before w after matur~ty, wi~hout notice to any of us; snd to pay all costs of collection, includ~np a ~
re.,sonable attorney's fee in the eycnt of any defautt hereunder, and lxreby seve~ally waives all bencfit of homestead aod exemption under 1M ca+stitut'an
a~~d laws of each State of the United States, as againat this obligation a a~y axrension or renew+l hereof. ?
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Witness the hand and sea! of cach party. c
S/Al1en R. Pierce ~ ~
cs~?u
- S/Izene J. Pierce ~y
~'~Y k
• - - ) State Revenue •
t5+:n+~pa-cerRella~ara?iplnal*et~) 23 QQQ On
NONV, THEREFORE, the MORTGAGOR fw the purpose of aecuring payment of sa~d sum of = ~ • and tF?s pe?forn++nu of th~
covenanri and agreemcn+s F~ereinafter eap~essed, and fw divers yood and vslu~ble consideralions, by /Ms~ prest~ts. do~s g~ant, barysin, sell, remiss,
reiease, convey +nd confirm unto the MORiGAGEE, its successors and as~igna, s11 tFwt cerui~ b1, p'~ect or pucel of land, sit~ate, lyinp, and being in th~
Caunry of St. Lucie u~d State of Flw~da, deuribed fdloMn:
:.ot 10, Block 82, I.AKB1rAOD PARK _UNIT 7, accozding to the plat thereof on file in
Plat Book iL=~~Page 13, Public Records of St. Lucie County, Florida,
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This is a corrective aortgage designed to coYYect an erroneous legal description
appearing in that certain mortgage of even date hezeaith recorded in O.R. Book ~
230, page 151, of the public zecords of St. Lucie County, Florida, and upon
which Intangible tax has been paid as evidenced by receipt No.373611..'
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_ _ PURSl1AIr~~~~i`~~PF•~~ ~~4
~4tR~E~ PA~
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~IIiR. S~. LUCE (,1p~ ~A.
•cgerher with all and sengular the tenem:MS, heredit~mtnts ~~d ~ppurt~rKes tF?e~aunto belonpiny or in enywqe appertai~i a~
~11~~ issues, ~
croceeds and profits accruing and ro acuue from said premises, slt of which s?e included in 1hs abov~ +nd fwepoi^p P F
TO HAVE AND TO HOtD the sbove desaibed and granted premises unto the said MORTGAGEE, its s~oces+ws a~d assipns fw~vu. Md t~a ~a~d ~
'.tORTGAGOR for thelY ~~rs, executws, administr~tors and suig~u, hereby covensnts with the said MORTGAGEE, its wa.~ssas ~nd +stiQ^s~ 4
the are - `
;;,a~ - lawfully se~zed of the s~id prem~ses u+ fee simplr, tMt th~ sarm a~ frN, clear u~d dach+r~d from aU Ilem ~nd N+cwo-
thev ,nd their ne;rs .hd~ w~r.,nr sna d.f.na th. ritb ro th. san» ro rb. s.w i
b: anus in law w in equity, and that
r.1pRTGAGEE, in successors snd s~siyns, faever a9sinst the lawfu~ claims snd demands of all persons: ~
PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the p?omiuory note hereinbefort desuibed and ~h+~~ tn+~Y. P~~Pt~Y
~ a~d fully perform, discharge, ezecute, comp~Ne, comply with ~nd ab~de by each ~nd ~very the stipulatioru, ayreernenri, conditioru and tov~nsnb of ++~d
:;-om~ssory note and of this Mortgage. ~her? this Mortgsge snd the Estate hereby ue~ted shsll teaf~ and b~ nvll u~d wid.
~ IT IS UNDERSTO00 that the word "Mo?tg~gw" whether in tF+e s~ngular o~ plwal snywher~ in this Mortys~t, sh~ll b~ sirgvlu if a+~ only and
~ha;l be plural jointly •nd uver~lly if more ihen one, and tfiat the wwd "their" as used anywhen in this Mortya~ shsll be t~k~n w m~~n "I~is." "h~n,'•
cr "irs:' wherever the context w implies or ~dmits• A~so• thst wherever tl~ere b a referenu in tF~ cawn+nls and +p~eeme~rs heiein oonfainsd to any oi ~
+ne parties hereto, the s+me shall be construed to mcan as well ~s the hein. le~a) rtpresentative~. ~ucc~ssors ~nd +ssip^s („thK volvmary by acf of the
part;es w involumary by operation of tFie bw) of tF~e same a~d thst the covenann herein cont~ined sh+ll bind and tM btnefiri and adv~tap~s Mw~
ro she respective heirs, lega) represmtatives. wcussors and ~ss~qro of the part~es herero.
~ Md ssid Mort9sqws, fw themulves and their 1•~in. leyal r~presenativa, wcceuors ~nd +ssGp~s, her~bY IaMly and sev~r~lly tovN?snt ~nd ~prN
fo end with the s+id MORTGAGEE, iri successors ~++d assigns:
l. To pay ~II ~nd sinyular the princ~pal ~nd ioterest ~~d tM wrian ~nd wndry sw~s of money paYabb by virtw of said promiiwry not~, and this~
mcrtgage, each and every, p~omptly on the days respectively the same ~evtrally become dw.
~ 2. To pay ~tl ~nd singvlu the axe~, asseume~n, levies, li~bili~ies, obiigatiorn and ~ncwnbr+nces of ewrY nstw~ u~d kind now o~ said daa ~
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property, or tF~at txre~fter may b~ imposed, wffered, placed, kvied, a auessed thereon, W ~FNt ~faNM fMy ~(fVi~ or as~essed ~ipon t ~
age, w the indtbtedness secured hereby, euh and every, whs~ due and paYable, aaordirg to law, befat they become d~tinqvent, +nd b~fon ~^Y hNaa
ar~aches w sny pena~ry is incvrred; ANO INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHALL BE PROMPiLY SA115FIE0 AND DISCHARGEO
RECORD AND TME ORIGINAt OFfIC1Al DOCUMENT (SUCH AS, fON INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALIY ENOOR
OR CERTIf1ED) SHAII _BE PIACED IN 1HE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd ir? the ~wnt ihst ~i+y thereof is
::a~d. set:sfied and discharged said MORTGAGEE may at any t~me pay tF?e same a any part thereof withovt w+ivirg w aflectirp a~y option. 1'~en, pvity or
" •~ahr under a by virr~e of this mortgsye and the full amoum of each and every such psymeM ~Full be irtwnediately due and psyabl~ •nd ~hall be+r ieterest
~,om fhe da~e !~e~cof u~r~l ea d at .are o( nine pe? centum per annum ~nd roqether w~th tvch iMe~tst shall be ~etvred by the lien of th's mcrgtage.
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