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HomeMy WebLinkAbout2620 i~r8~3~r1 CORRfiCTIVB PtORTGAGB . . , ~ t THIS INOENTURE, Mad~ the 21St day of M1)I - A.D. 19 ~4 b~tw~en Karel Kirk and Vi~kie A. Kirk~.a/k/a Vick;e Ann izk hic wifP of St . Lucie County Florida, he?einattet de~g~ared ~s tha "MORTGAGOR," snd FIRST fEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corpaat~on orya~icd +nd exii~~ny under ~h~ lawi of th~ United Staros of Am~~iu ~~d Mvinp its princip+l pl+c~ of busintss in tl» City uf fwt Pisru, 51. lucis Cou~ty, florida. F?Keinafqr dss~ynatsd s~ tFw "MORTGAGEE:' WMEREAS tM MORTGAGOR is ivitiy ind~bted to tM MORTGAGEE in the sum of s 30 ~ good and tawful money of tM U~~ted Stetet ~dvanced by ths MORTGAGEE unto Ihe MORTGAGOR, as evidenced by s certa~n promiuwy no~e of even date herew~th, of which the fol{owinp in wwdf and fig~ra ii a trw copy, towit: ~ 11~~~•I = 30 LO00 . 00 fort Pkrc~. Flwida. MdV 21 . 19~'4 Fw value received, t, we o~ either of us, prom~se fo pay, without defatca~lon, to ~he order of FIRST FEDERAL SAVINGS AND IOqM ASSOC~ATION Of FORT PIERCE at fw1 P~erce, Fb~~ds, the sum of 0O w~th interes~ from date a1 the rate of 9• 5%~~nur, in mo~thly install- rt,ents as fo1lows: i 263. ~ on the ~t'Wy of ~ptember~ ~q74 and ~ I;ke sum on tFa correipor+d~~:9 diy of eaci+ mon~h there- efter uNil the whote be fvlly paid. Eath installment first shell be applied in p~yment of ths interest and ~hen on the u~paid baiance of the princip~i sum. If, dcfault is m~ in the paymero of any ins~atlnxnt~wrhen due, a~d such default continues 30 days, then at the option of the holdcr, and withou~ any uther notice. all the IATAIl4M~ ~nstallrrKnte shall be dve and payable at once. Privilege is yiven to prepaY this note in whok or in p~rt at any time with.wt pen~Hy. Neitixr fwabe.sr+.':ce, r:or acceptance by the holder thereof after any default in any payments hereon, shall be deemed extens~on. A late paynKnt GMrg~ of S-.~~'3-• ~ added to each installment remaining unpa~d 7 days after ib due date, and a I~ke sum shall be addsd to each such instailrtwnt remainiog unpaid 7 eiays ~ftsr each svcceeding paYmeM da~e. . fach maker, surety and endo?ser hereof, joinlly snd severally, waives demand, presentmenl protest and notice oi protesY(qr nonpa~~'wnt, and further agrees to sny extension of time of payment, cither belore a after maturity, without not~ce ~o any of us; and to pay all costs ~bf ct~i~eictioti.' inc~udirq a reasonable attwaey's fee ir+ the event of any default he~eunde~, a~d hereby severally waives all benefit of Famesfead and exemption under the constitvt'vx~ and laws of each State of the United S+atea, ss a9ainst ihis obligation or any extension w renewal hereof. W;fness ths hand and scal of each psrty. RECf1YCD ~I1~-~ IN PAYMEMT OF TAXES S~ Karel Kirk (SEAIa DUE G:. GiASS 'C' INTAN616LE PE~50'iAl PROPERIY, PURSIIANT TO GIAPTER 71-134, JICTS ~ 1911,t,~ S V1Ck1@ A. Kirk, a/k/a ~qU poCER Potrw~s /v~`~ Vickie Ann ILrk ~ en~eClfRK CIRCUIT OOURT, ST. LUCtE C0~ M~ ~ • d~ and the ~form+nce of the NOW, THEREfORE, the MORTGAGOR fa ths purpose of secu?ing payment of said sum of S P° coven~nb a~d agreemenb hereinafter expresscd, and fot divers good snd valuable_tonsidenYwns, by these presMts, does 9ront, bar~ain, sell, remise, releax, convey +nd confirm unto the MORTGAGEE, its tucceuors and suigns, stl thaf certain bt, pieos or parcel of I~nd, situate, lyii~g, and being tn the Co~ny of $t . I'UCie and State of Pbrida, de:~.r:b:3 as idlows: Commencing at the Southeast corner of Lot 1 of MODBL LAND OOMPANY SUBDIVISION of the Northeast ~ of Section 6, Township 36 South, Range 40 East, as recorded i Plat Book 4, Page 34 of the Public Records of St. Lucie County, Florida; run thence Westerly along the South line of Lots 1 and 2 a distance of 540.5' more or less to the Point of Beginning, from said Point of Beginning run Northerly parallel to the West line of Lbt 3 of said Slibdivision a distance of 409.3' more or less, to a point lying 220' South of the North line of the South 2 of Lots 1,2 and 3 of said Subdivision thence run Westerly parallel to the North line of the South ~ of said Lots 1, 2 and 3 a distance of 150' to a point; thence run sautherly parallel to the West line of said Lot 3 a distance of 4U9.3' more or less, to a point on the South line of said Lot 3; thence run-fiasterly along f the South line of said lots 2 and 3 a distance of 150' more or less, to the ~ Point of Beginning, said tract containing 1.4 acres more or less and less the ~ South S' thereof ~or Road right-of-way. 6 1 4 This is a corrective mortgage designed to correct an erroneous legal description appearing in that certain mortgage of even date herewith ~ recorded in O. R. Book 228 Page 621 of the Publi~c Records of St. Lucie County, Rlorida, and upon which intangible tax has been paid as evidenced by receipt #~312653. together with all snd singular the tenements, hereditarnentt and app~rrtsnces thereunro belongirg a i~ anywise ~ppertaini~g ihereto, and sll renri, iuues, proceeds ar?d profin acuuing and to acaue from said premises, all of which are included in the +bove +nd fo?e9oin9 descriptan and Mbe~dum. TO HAVE AND TO HOLD the above deuribed +nd graMed premises unto the s+id MORSGAGEE, ib wccesson ud ~ui9ns foreve?. Md tM s~id MURTG R for their executws, administrators snd assigns, hereby covenanfs with the said MORTGAGEE, it~ sutcessws ~~d ~ssigns. ~ ~~i°ey a re_ ~ ~hat - lawfully seizcd of the said premises in fee simple; that the ssme are free, ckar snd dischsrged itom all Ikro and ~ntum~ brsnces in law a in equ~ty, and that they r,,;~~ thei r heirs shall wurant and defend the title to tFu same to th~ ~aid ~ MORTGAGEE; its succesaors and assigns, forever against the lawful claims snd dem~nds of ~It persons; ~ PROVIDED, AlWAYS tMt if Ihe MORTGAGOR sMll psy unto the MORTGAGEE the promisso?y rate he?einbefue dew'bed ~^d shall f?uly, prompl~y - and fully perform, d~schsrge, execute, compkte, tomply with and abide by each and every the stipulations, agreements, conditions and covenanb of sak! promissory note +nd of this Mortgage, then this Mortgage and the Estste hcreby vcated shall cesse and be null ~nd void. IT IS UNDERSTOOD that the wad "Mortgaqot" whelher in the sir?gular w plural anywhen in this Mwtgsge, shall be singulst if one on1Y +^d WO shall be plurd joiMly and sever~lly if more than one. snd that tfie word "their" as used anywl+ere in this Mortgaye shall be tsken to mesn "his:' "hen,"~~ w"its," wherever the context w implies a sdmits. Alw, thst wherever there is a reference in the covenants and agreementa herein tontained to ~rryr of ~ ~ the panies hereto, the ssme shall be construed to mean a~ well u the heirs, kgsl representstives. successon and auigns teither voluMary by act of tht `..rl parties or involumary by operarion of the law) of the same and that the covensnts herein contained shall bind and the benefits ~nd ~dv~ntapes inw~ ro the respenive he'at, kgat representat~ve~, iuccess«s and ass~gns of the psrt~es hereto. ~ And said Mortgagors, for themselves and their heirs, legal reprexntatives, successon +nd suigns, hercby jointly ~nd severally coven+nt ~nd ayree ~o +nd with the is~d MORTGAGEE, its successors and suigns: y ~ 1. To pay all and tinpular the principal and imerest and the vsriovs and s~ndry sums of moneY p+Yable by virtue of said promissory note. ~nd this ~ mwtg~ye, esch ~nd every, promptly on the days respectively the same severally become d~re. 2. To pay atl and singular the taxes, +ssesunents, levies, li~bilit~es, obligstans and encumbrances of every nature ard kind now on ia~d dac?ib~d ~ property, or that hereafte~ msy be impo~ed, suffered, plated, levied, w auessed thereon, a that Frcreafte~ may be levied w assessed ~pon this Mort¢ ~ age, w the indebtedness tecured hereby, each snd every, when due snd p+yable, accwdirg to law, befae they bccome delinqvent. ~nd befwe arhr int~test attaches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD iHE SAME SHAII 8E PROMPTLY SATISFIED ANO DISCHARGE~ OF ~ECORD ANO THE ORIGINAL OFFICIAI DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RKEIPT OR TNE SATISFACTIOIi PAPER OFFICIAIIY ENDORSEO OR CERTIFIED) SNALL BE PIACE~ IN THE HANDS Of SA~D NWRTGAGEE WIiHIN TEN DAYS NEXT AF1ER PAYME~IT; snd in the event that ~ny thereof K rwt paid, sat"sfied a~d dixhtrged sa:d MORTGAGEE may st any time p+y the same w a~y part thereof without wsiving or affecting any option, lien, equity or •~qht under or by virtue of this mortgage and the full amount o( each snd every such payment sh~ll be immediately due and payable end sF~~ll bear intaest ~ ~.om the date thereof until paid at rate of nine per centum per annum and rogether with tuch imerest shsll be secured by Ihe liee~ of th:s mwyt~pe. - - - ~ ~ ~ r - '~a ~-.s ~ ; ~ . ~ j+ ~s~ ~ ~ ; ~ w . . _ _ w '~~`.~"r_..~-~" ~ . . . ~ . . . . 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