HomeMy WebLinkAbout2008 CpRF~ECTIVF MOR'lY'•ArF U
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29!~9!'7
iHiS INDENTURE. 1N~dr mR 21s'. d,,, ot AucJust n.o. i~
~ Jerome E. Bro~vnlee an~S~aron K~Y~~ s,~~
of $t. Lucie_ c~~~r Flondo, heroinaftcr des~y~aRil~~s ~Fk; "l.1Qj~1 +nd FIRi~ FEnCRAI SAVINGS ANO LOAN
ASSOCIAitpN OF FOFi PIERCE, a co+paat~p+ wyMized and eaiu~ny wKla the Ia+~k+~E•~M.U.+~Wd
$U~W
~"a:Ka and h+vin~ its pincipal plata of ~
bus~nss~ in the City of Foit ficrc~. S1. lvc~~ Counry. Ftorida, herei~a(~~x desiynatcd at tbf ~AhOQi~~~Cj
WMEREAS tha MQRi(:R:,QQ is j~rstty indebts~ to IF.~ MORiGAGEE ;n tl+e sw+~~~ • good a~+d lawful money of the Un~~ed
S~ares advanced by ~hi* ~l~R ~~;AGEE unro tF~: MORTGAGOR, es evide~TCrd by a cena.n ~rol+M+sa'~ d4h~,~even da~e hs~ewith, of wh:ch the follorring in
.~~~~s and i:yures ~s a rrw copv. `o-w~~r: ~,y~ 10021037
s 38.000.00 .
Fort Pierce. Fb.~.. Auc~ust 21, 19 74
:or val~~e ~eceived: 1, we or either af us, pro.mse lo pay, wiii~out defa!cat~on, ~o +he order of FIR~1 FEOERAI SAYINCsS ANO iC~N AS50=1ATION OF
38 ~~~0~ _ v.;~h ~nre~rst (rem date at the rate of 9~7~Ye ~ annum, in mo+~thly ir+stal6
'2T PIERCE at Fwt Fierce, Florida, the s~m o( S---1-
~••~;s as fo~lows: S-~¢~~ on the ZOth day of _~t0~'= • 19- 74 and ~ Gke ,um on the correspor?d~ng day of eacb month ~hare-
,n~r ~nt~l the whoie be tutty pa~d.
Each installmeRt f'ast snall be app~ied in paYment ot *he i+uerast a+~d ~!_e~ on the unpaid b+lance of th~ princ:pal svm. If dei.wlt is made in the
~:,•~rnt of any insta~:ment when du~, and such defaufi con~~n~es 30 days, then ai +he :.~}+w~ of the holde~. a^d W'~}'a'' ~^Y other ~?otice, alt the remaining
::s~a!Iments :hall be d~e ar~ payabta at once. Ps~v~lege is g~von to p~epay this note in wnole w in part sT z+~y t~me without ~~Ity. Ne18 O~+~.
ror acceptance by ~he ho~der ~hereof aiter any defauit ~n anY paY~+e~ts hereo~. shall be eeamee~ Pxtcns~on. A: late paymenl charge of 3 • ahall be
:1~d !o each ins+a~lment remain~ng ur.pa~d 7 daYs aite~ its due da~e, and a I~ke swn s1=ati be added to each such ios~aflnxnt remaN~ing unpaid 7 days aher
_~~ch sutteed:ng payment date.
Each makrr, surety and endorsrr hereof, jointly end saveraliy, wa~ves dem~r.d, pres~roment protest and notice of protest iw nonpaY^ron1. +^d fw~hs~
~a-ees ~o any ex~r~+~~on ot tdne o! ~.:•,^:e~t. =~tf=°' S•-'fwe M r{~~~ maturity. witi~ouf rtor~ce fo any of us; and to pay sll eosts of eoltection, includ:rg a
~.S:.nabk arorney's fee ~n the ever+r of any dria:,:t hereund~r. and hereby sev~raGy ~vat~es all beneiit of homestead and extmpnon under the co~aN~u~we
•~d !a~tis of each 5mte of the Umted Siafes, as ega~nst this obi~yatr~~t or a~y <xtrns~or. or renewa! hereof.
Y~itness the hand and scat of each party. BrONltlee
SI .I@=OUie E. (Se~W
(s~?U
s/ Sharen K . Brownlee ~U
c~~U
$tate Reienue
umpa.tanWtl~rLw?.os~~wal ww~
NO~'V. THEREFORE, ~he MORTvAGOR fa tha purFase of sec~ring payment of sa~d sum of i ~8-~.~ +^d P~o?^~°^~° of th~
:ove~ann and agreements hereinafter expresscd, and fw d~vers good ar+~ valuable consideral+ons, by ?hese Prese^b. das 9nnt, bar9ain, se14 ~cm~se.
•_'r; se, convey and conf;rm ~nto the MORTCAGEE, iti suctessors and assigns, alt that ceruin lot, pieoe or parce~ of land, sitwte, lying, and being in N+s
"ovnty of St 1 uC~e - ~~d State of Fbrida, des:ri'.~d aa fo!low::
Lot 24 af Block 19 and beginning at the inters¢ction of the line
dividing lots 22 and 23 of Block 19 ~rith the East side of South
8th Street, thence run Southwesterly along South 8th Street 30
feet to point of beginnin9i thence continue South~resterly along
South 8th Street 30 feet to the South line of Lot 23, thence run
Southeasterly alang the South line of saxd Lot 23, 125 feet to a
point; thence run Northeasterly parallel ~rith South 8th Street
30 feet to a point, thence run NortMvesterly paral2el with the
South line of said Lot 23, 125 feet to the point of beginning,
said tract of land being othenrise described as the Southerly
~ of Lot 23, Block 19, all oeing in PINEWOCD StfBDIVISION, as per
~ plat thereof on file in Plat Book 5, at paye 24, of the public
records of St. Lucie County, Florida
This is a corrective moztgage designed to correct an erzoneous
iegal description appearing in that certain mortgage of even date
hererrith recorded in O.R. Book 231, page 776, of the public records
of St. I.ucie County, Fl~irida, and upon ~?hich intangible tax ha=~ t~~~
~
been paid as evidenced by receipt No. ~#73909 iN MYME~It OF T1ucES
c-a -;:~ss n~~wr~F ~~s~,~ r~rtir,
ru~r z4 ow~r+oe n•~ ~css a~ ~u~.l~~~
: ~o~t ieomRs
a~t ce~oetr aodey ar. uuaE aa. aa
~eqether with all and singu!ar the tenements, hereditame~ts and appurtances thereweto belonging ~ in a~Ywix ~PP~~'~~ t~~• ~ sll re.~b, issws.
;•oceeds and profih accru~ng and to actrue from said p~emises, atl of which ue irx~uded ia ~he abov~ ud foregoi^D dew'W'°^ ~"d I+sbend'N"'
TO HAVE ANU TO HOLD the above deur~bed and granted premises ~n~o the said MORT6AGEE, its succe:sors +i+d +ss~9^s faever• ~+d ~ s+~
their
:tOQTGAGOR for ~~rs, executws, admi~~isira~ors and assigns, hcrcby covenaMS with the ssid MORTGAGEE, its successws ~ssgm.
,~1 _ th~ a re ~a~~;,Y x~zed of the said prem~ses in fee simple: that the same are free, ctear and disch~rged fram ~II licro ~nd ancwo-
thei r {Mi~ ~11 wsrrant and defer+d the title to the s+me ro ihe ~Id
bra.^.~es ~n law w in equity, and that thPy will and _
~:.pRTGAGEE, in successors and ass;gea. fwever against tfie lawfal daims and demands of all persons;
PROVtDED, AtWAYS that if the MORTGAGOR shal~ psy w+fo the MORiGAGEE the promiswry rwte her2inbefore described +~d sh+~~ tn+~Y• P?~^'P~~11
~ a~ d fu!:y perfarm, d~schsrge, e:eccte, cwnp~ete, comply with snd ab~de by exh and every the sfipulalions, agreements, co~disions and coveo+nri of said
,~:T,ssory r+ote and of th~s Mortgage, rhen thEs Mortgage and the Eara~e hereby ve~ted shall cessr and be nu~~ u+d void•
IT IS UNDERSTOOD that the w«d "Nbrtgagc~" whether in the singular w piural anywFere in 1h;s Mortgsge. shali be sirgulu if one only ud
s'~.a!I be plural jointly and xverally if more thsn one, and that :he wo~d "the'u" as used anywhere in thK Mortg+~e sh+ll be tsken to mesn "hls,'~ "h~n.'" ~
' i~s," wherevn the conteat so impiies or adm~ts. Alw, that wherever there is a reference in the coven~nts and sgreemen?s here~n ca+tained to amr of }
,e pa.i~es hereto, the same shall be constrved to mean as welt ss the heirs, legsl representatives, iuccessors s~d suig~s (either volentsry by atf of the
:.arries w involuntary by operat:on of t!x law) of the same and that tk~e covenants herein contsir?ed shall bind snd the benefits and advantspts inw~
.:he •espective heirs, legal roprexntstives, suttesxvs and ass~grn of the parties herero.
Md said N.o~tgagors, for themselves snd their hein, kgal representatires, successon snd aisigns, hereby jointly and sevaally coven~nt a+~d ayree _
~o and with the said MORTGAGEE, its ivccessars and essigm:
1. To pay s4 snd s~n~vlu thc principal a~d inscrest a~d the va~ious and wndry wms of mo~ey payable by virtue of said promissory note, u+d this
~-~orrgage, each and everyr. P~omprly on fhe days respedively the same stverally become due-
2. To pay sll snd singvlar the tsxes, assessmenb. levies, li~bilities, obligations snd encwnbra~ces of eve*Y n+twe snd kind ~ww on s+~d deacr~ed
o-operty, w rhat heresfrer may be ~mposed, suffered, p~+cc~l, levied, a sssessed the.eon, w th~t i~erea(ter may b~ kvied o~ sswased ~rPa~ this Mo~1p-
~3e, a the indebtedne:s xcured !~ereby exh and every, when d~re and p+y+ble, xcwdi~g to Isw, before t1~ey becwne delMqve^t. +~d b~f°r~ ~^Y i~aa~
~~~rches w any penalty is incurred; ANO INSOFAR AS I?NY THEQEOf IS 6F RKORO THE SAME SHAII 8E PROMPitY SATISfiED AND DISCFIARGEO dF
~=_CORD AND THE ORIGIhAI OFF~CIAt OOCUMENT (SUCN A5. FOR INSiANCE. THE TAX RECEIPT OR THE SATISFACTION PMER OFFICIAIIY ENOORSED
CERTIFtED) SHAtI BE PIACED IN THE HANDS Of SAID MORTGAGEE W~THIN TEN DAYS NEXT AFTER PAYMEN?; s~d the event thst any thereof is no~
~a~d. sar sfied and d~scharged sa d MORiGAGEE may at any t~me p+y the same or arry pa?t thereof without waivi~g w sffectin9 sny option, lien. equity or
•;~hr ~;~d~. or Hv v~~+ve o! ~ti~s ~+oregage a~d the full amount of each and eYe~y svch paymenl shall be imrt~ed~ateiy dve ~nd payable and ifiall be~r interest
c . ,-.•re of ~~ne pcr ceraum per aonum and toge~her w~th s~ch interest shall be secwed by the lien cf fh s m.orgr~q'
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