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HomeMy WebLinkAbout2954 r ~ , . . ; ~~.;t' ~ coRC~ctiv~ •~om~:~?cF THIS INDENTURE, J1Aad~ ti» lsth day o1 .1UT1@ ' ~ A.D. 19 73 belween H. Paul Stewsrt and Ruth D. Stewart his wife ~ of ~t, Lucie , Covnty Flaid~, htrei~aiter deag~ated +s 1M "MOR7GAGOR," u+d fIRST FEUERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a cwpaation w~u+ized ~nd exi~~in~ w+da Ih~ lawi of th~ Un~t~d S~aw~ of Americ~ ~nd Mvinp iri priexipal pl~t~ of b~s~n~ts i~ 1M City~of fort Pi~rce. St. lucie Counry. Florida~ I1lffIMI1H ~~MfQd as tM "MORTGAGEE." ~ WHEREAS tM MORTGAGOR is j~ntly ir~bted to tl?~ MORTGAGEE i~ tM sum of = 7~~0•~ yood ard Iswful money af the UNtsd S~atcs advancad by the MORTGAGEE unto the MORTGAGOR, +i ev~denc:d by a certain {xomissory note oi e:en d~t~ herewirh, of wh;ch tM followi~p in ~:ords and fi9ure~ is a trw copy, to-wiC ~ 11~~101 s 7~~~.~ . Fon P~t«s. Fi«~d., June 15 14 73 Fw vafue received, I, we a either of us, promise to paY, withoul deialcation, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATIOY OF i ORT PIERCE at Fwt Pierce. florida, the svm of f_~.~0 w~~h inreres~ Gom date at the raro of 7• 7ib ptr +n~um, in monthly irnt~ll- ~ ,~~e~,rs ~a (oi!ows: f 58 o^ i~th day o4 _ Au~st 19- 73 and a like i~m on the cwresp«?diny day of each mo~th thert- ,'tar until ~he whole be (ully pa~d. Each irofallme~t fint ahsll bs applied in payment oi the interest and the~ on tht unpaid balance of the p~incipal sum• If default is mad~ in tM f.~yment of any installment when due, and suth Jefault conti~ues ~0 deys, then at 1he option of the holder, and without any other notice, all the remais?iny ;~~~ratlments shall be due and payabte at once. P~ivilege is given to prepay this note in whole w in part at any time wilhout pena~ty Neithet forebearsnt~, nor acceptante'by the holder lhereof af~er any defavlt ie ~ny paymenff hereon, shal: be deemed ex~eosion. A lafe payment tha?gs of sM~~ be •d:i_d to each uu?altment remaining unpa~d 7 day~ ait~r its dua date, and s lile sum shall be added ~o each such installmeM remaining unpaid 7 days aft~t ~ each aucceeding payment date. " - ; Each maker, sure:y and endwur heroof, jointly and severoliy, waives demand, p~esamment protest and notice of protest for nonpaymeM, ~~d furthsr ~3rees to any extension of 1~me of {»ymeM, e~ther be.'o~e o~ after matu~~ty, wiihaut not~ce to any of us; and to pay all tosts of collection, includinp a } ~e~sonabk atrorney's fte in the event of any defa~lt he~cunder, ar+d hereby severally waives a!1 bemfit of homestead and exemption under the tonstitut'an ; ; d iaws of each State of the United States, as againat thi~ obligation w any ex~ens~on o+ renewal hereoF. yy;tness ~he hand and seal of each party. , sL H, paul Stewa rt ~?u (s~?U s/ Ruth D. Stewsrt fse/u) 1 State Revenue ~ ~hatT1~! ts11~!!Il~~R ~f1g1RM~7tC1l~ ~ MOW, THEREFORE, the MORTGAGOR f~ the purpose of securing payment of said sum of S 7• +~d t~ P~a^~^Ce of tM covenants a~d agreements hereinafter exp~essed, and for divers good and vsluabte considerations, by ihese presents, does grant, 6aryai~, sell, ren+iae. release, coovey and confirm unro the MOR'fGAGEE, its successors and sui9ns, ~It that certai~ Eot, piece w pucel of land, sitwte, lyirq, snd Deirg in tM Counry of • St. LuC~e and State of fbrida, deuribed as fdlorvs: . ~ Lot 2, Block I, HARNONY 1-~EIGH?S, as per Plat thereof on file in Plat Book 8, Pa~e 24, of the Public Records of St. Lucie C.ounty, Florida. This is a corrective ssortgage designed to correct an erroneous ' l~gal description appearing in that certain nortgage dated 4 June 15, 1973 , and recorded June 20, 1973, in O.R. Book 215, ~ Page 1564, of the public records of St. Lucie County, Florida, _ ± and upon which intangible tax has been paid. ~ ~ ~ ~ - ~ ~ i.~..~ ~~r oF ~~uces _ a~ on a~ss ~c n~r~nsia~ r~~c•~.~ ~o~t~r. Pur~wr m ct+~~ n-i~+. ,~s aF ia~~.~~ ~ Poma?s f9 ~~~r oouet. s~. wc~ oa. a~ Y ~c~e~her with all and singular the tenements. hereditaments and appunsnces thereuMO belo~ging or In anywise apperfsining thereto. +nd all rents, isfws, ~+xeeds and profits ~c~+~~9 ~o accrue f~om said p~emius, all of wfi~ch are intluded i~ the abov~ and fwepoirg desviplio~ +nd h~b~ndum- TO HAVE AND TO HOLO the sbove dexribed and grsnted premises unto the said MORTGAGEE, its waesso~s snd ~uip^s forewr. Md th~ wid ~:,ORTGAGOR for thel r" heirs, executor:, admi~istrators and auiyns, hereby covenanb with tM uid MORTGAGEE, its svaessas ~nd ~ssiD~s. ,,,at _the_~? a Ye- - lawtully uized of the said p~emises in fce i~mple; that the same sre fr~, clear u~d d'+sthargad from dl Ifem a~d encv~r ;:rznces 7n law w in equ~ty, and ~hat they will and their ~;n W~rranf ~nd d~fend tM title ro tM ~am~ to tM s~id :~ORTGAGEE, its successws and sss~gr~s, fwever sgsinst the lawful cl+ims and demsnds of all persoro; PROVIDED, AIWAYS thst if the MOR?GAGOR shsll psy unro the MORTGAGEE the promissory nof~ 1?ereinbefon destribed and shall trvly, promptly ~ ~.,d fully perform, discharge, execure, compkte. comply wiih and abide by esch and every the ~tipulatrons, apreemenri, conditions snd tovensnts of said ,~c~nisiwy note and of this Mortgage, then this Mwtgage and the Estate hereby ur+ted shalP otase ~nd b~ nvll and vo+d• ~ IT IS UNDERSTOOD thst the word "Mortgsgor" whether in the iingular a plur~l anywhere in this Mwt9+9e. sh+~~ b~ s'^0"~K if °^e °^~y ~^d ~ shall be plunl jointly and sevenlly if more than one, and that the word "their" as used snywMre in this Mafy~ye ahall be takee to rrwso "hh;• •'hrts•• d~~ ~ "~ts," wherever tF+e context w implies or sdmits. Also, that wherever there is s referenu in the toven~nb and a~reemenfs herein ooM+ined to a~Y of ~~O ~ ~ ~he parfie~ hereto, the same ihall be construed to mean as well si the heirs, leyal reprosentatives, succ~sson ~nd ~uiy~s (either volumary by act of the ~ ~ par~ies w involuntary by operation of the law) of the same and that the covenants herein contained sh+ll bind and tM benefiri ~nd adv~nfapes inwe to she respective heirs, kgel representatives, successws and ass~gns of the psrties hereto. ° And ssid Mwtgsgors. fw themselves and their Ixirs, legal represent:tives, successors and assigns, haeby jointly and s~verally covenaat a~d prse +o and with the said MORTGAGEE, it~ ~vccesso~s +nd ass~gns. ~ ~ - 1. To p+y sll and sinpvlar thc principal and imerest and the vsr'wus and aundry wmt of mawy psyabk by vi~tw of said promiswry ~wte. ~nd tF?is ~ mortga9e, sach and every. prompfly on the days respect~vely tlx iame severally become d~e. 2. To p+Y •11 and singular the tsxes, suessments, levies, fiabilities, obligstam snd encumbru+c~s of ~very n~tw~ +nd ki^d ^ow o^ ~+1d d~x*i~ orepe.ty, a thar here•frer may be 7mposed, suffe+ed, plxed, levied, w+ssessed thereon. ot that herea(ta may be kvied or ~i~essed upa~ tFas Mo?ty- ~ .,ge, or the indebtedneu secvred hereby, esch and every, when due ~nd payable. +ccadinp to I~w, befw~ they becorne delinqvent, and befor~ any iMKat arfaches or any pe~alty is incurred; AND INSOfAR AS ANY iHERfOF IS Of RKORD THE SAME SNAII dE PROMPTLY SATISFIEO AND DISCMARGED OF 5 RECORD AND THE ORIGINAI OFFICIAL DOCUMENT (SIKH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTiON PAPER OffIC1AlLY ENDORSEO ~ GR CERTIFlED) SHAII 8E PLACED IN THE W?NDS OF SAID MORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; u?d in the eveM thst aey ihe~eof it rwl qa,d, sat:s(ied ~nd diftMrged sa:d MORTGAGEE msy at any time p~y the ssme w aey patt thereof willw~t waiviny or ~ffMi~y ar?y oplion, lien. squity or •~qh~ u~def or b~ v~rtue of th7s mortgage and Yne full amount of each snd every s~ch payment shall be immediately dve +nd psY+bk a~+d shall bear interest i,~,.r rhe d,~e rn~-rcof ;~nril pa d a! rafe oF nine per cen?um pe~ annum and toye~her wAh suth inte~ett ~hall be secured by the lien of th's morgrage. . s .-,,u~ ~ - - . . _ . _ . _ ~ ~i~~" ~ . - ~c ~.c ~ ~f F~ y +s,."~ as` _ 3 ~ ; r4fi . 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