HomeMy WebLinkAbout2522 , .~n~~ J~ CORRfiC?IVB MOR'fGAGB ~
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THiS INOENTURf. /Wd~ Ma 28th dsy of Au9usL ( AD. 19_ 74 be~+wte^
Paul S. Reinecke~III, a/k/a Paul Reinecke and Jov C. R~"^~~'ke.~
his wife •
of • C1e tuunty flo~~d.+, he?einaf~a deig~aleo +s th~ "MORTGAGOR:' ~~d FIRST EDERAI SAV NGS A'Ft ~ A
ASSOCIATtpN Of fORT PIERCE, • oo~pa+i~on orgu+:zcd aod ~x:i~iny vnda tF+~ n:n of tM U~~ted St~t~s of M+erica and hav+n~ iq principsl.placA.A~
bwmess in tM City of Fwt Pi~ru. 5+. lucie County, Florida. hcreinat~~~ dssi9o+ted as th~ "A10RiGAGEE:' .
38 ~ 200 . 00 j~,,,,ful money of she Un~ted
WHEREAS the MORTGAGOR is iuitly irxi~bt~d to ~he MORTG%~GEE ie tAe w~i of S 9°Od ~ ~
S~~res advanced py the MORiGAGEE v~to the MORTGAGOR, as ev~3~nccd by • cts~+~n pram~uwy no~e ol evcn date herc+~l`, of which NN_fo~~y
.tiords and fi~uros is a trw copy. towi~: 1~~1046
s 200. 00 N°
fo~t Pierc~, florida, AuQuSt 28 19~_
for vatve received, 1, we w riiher o! us, F~an~sc to par. ~V~?ha+~ d~fa!c+t~on, ~o ~he orrk~ of fIRST iEDERAI SAVINGS AND IOAN ASSOCIATION OF
~C`RT PIERCE at Fo~t P~erce. Florida. Ihe wm of T-_~tv-ysr-QQ~~-~ - w;ih ~nre:est (rom data at 1he :ata of ~r2.^b per snr.u+n. in monthly initall-
~_~~TS as fot:ows~ S 334. QO ~ 20L~1 af Deceaber ~q_ 74 a iike sum a+ the co~:espondinp day of exh mon~h tixre-
s~rer unril ~hc wtwte be fvl~y paid.
Each insullmcm lirst shall be ap~,liad in payment of the interest and then on the unoi:d balanca o( the p~u+c~p+~ wm. If default is rtNds in the
F_,;~nent of any instatimen+ wh~n due, and suth defauls continues 30 days, then at tt+a opr~on oi ~be ho:der, and without +nY other notice, all the rema~niig
,:,s+ellmcnts shafl be due a~:d payab:e at once. Privilcge is givan to prcpay fh~s note in whol~ or io psrt at any time without p~oalty. Neit 6 f~o ance.
~o• accep~arxe by ~he ho~de~ thereof aftcr any defau~t in any paymmts hereon, shall be deemed exte~sion. A late payme~~ ch+rge of Z • s1?a~~ be
,~~_d lo each installment rrmaining unpaid 7 days after its due date, and a Gie sum shall be addrd ro each sucA instaUment remaining uopaid 7 days ~fter
_~:h succeed:ng Payment dare.
EacA rt++ke:, svrety and endorser hereof, ~ointty and severa~ty, wa~vrs demwr.d. presenrment p~atest ~nd notite of protest fw nonpaymmt, and further
a3rees to any ex~e~~wn a! rime of pay~nero. e~~i~cr before w aiter maiurlty, w+thw,1 nor.ce fo anv of us; and to ~sy alt costa of coiieaion, including a
<<~.+sonabk attorney's fee in the event of any driduh herevnder, and hc.ebY saveraily warves all nelit of homessead ar.d exemption under the constifution
.••.d laws of exh State of the United States, ~s aga~nst ~hls oblgarion a any e,~tens+on w renewal hereof. ~
Witness tMe hand and seal of esch party_
~U
5 aU . @ 1TIe C @ ~ (SE/?U
a/k/a/ Paul S. Reinecke ~
s/ Joy G. Reinecke ~u
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38 200.00 ,nd the ormance of +M
NOW, THEREFORE, the MORTGAGOR for the purpose of secu~iru~ pavment of ss~d sum of S- a P~
cc.enanta and agrecrnen~s hereinaftp e:preued. and for diven good and vslwole cons~derations, by these Prese^ts, does grant, bargain, sell, remise,
_:_~ase, convey and confirm unto the MORiGAGEE, its successors and ~u~g~s, sN tna~ certaio bt, pi~w or puce~ of land, sitwte, lying, and beinp io Ihs
Ccvnty of St . WCie a~+d Sute of Fbrids, deuribed as follows:
:.ot glock 162, LAKEN100D PARK UNIT 12, according to the ~lat thereof on file
in Plat Baok 11, pages 26A and 26B, Public Records of St. Lucie County, Florida,
This corrective a?ortgage is executed and recorded in replacement of the certain
mortgage which is of record in O. R. Book 231, page 1299, public record~ of St.
Lucie County, Florida, for the purpose of clarifying the identity of the mort-
f ga4ors. State of Flozida Intangible Personal PzopeYty Tax has been paid as
shown on receipt numbeY 373940.
E
i
C"ar~tµ~j
~ ill PJIYM~ Of TAXE~
p~ ON qI~SS 'C INTANCIOLE PE290NIIl. ~1Y~
Ap~r To a++~~ n-~~+. ~s aF ~n.
Rfh•E~ r01T4AS
- ~ ~~pqpT COURi, St. WCtE 00., F1A
tv~e~her w~th atl snd singular the tenemtr+ts, hered~taments ~nd appurqnccs thereunto belonping or in snywise appertsininy iherero, and sll rents, iswa,
; roceeda arv! profits accr~irg and to accnx fran said premixs, all of whith are included in ~he above ~nd facgoi~q d~Kription and h~be+~dum.
TO HAVE AND TO HOLO the abore described snd granted premisea unto the said MORTGAGEE, iri wttesso~s and suigns forever. Md tir s~id
:'.!7RTGAGOR for the ir~____ ~xecutat, sdminis?rators snd assigns, hereby covsnsnts with the said NIORTGAGEE, its successas u+d ~sti~m•
~,.rr ---Y----_- tawfully xized of the said premises in fee simple; thst the same are free, ckar aed discFWrged from +11 liero ~nd e+?cun?
the are
c,~ances ~n law or in equity, and that the~C will snd thel7~ _ hein sh~ll wurant snd defend the title to the same ro th~ said
':.ORTGAGEE, its succeuors and augm, f«ever sgainst the iawful claims and dern~rxls of al: persons;
PROVIDED, ALWAYS thaf i( fhe MORTGAGOR shall p~y unto the MORTGACsEE the protnisscrY note he«~^be~ae d~s~l'~ ~~y' a°^'P~~
~-.d (u:fy perlorm, d~uharge, execute. comp:ete, comply w~ih and ab~de by esch snd every the stip~?Isiwns, agreemenh. ConditiOns atd COVttHnif Of Nid
~.o~,,:uory note snd of this Mw~gage, then this Mutgsge and the Estate hereby veated shall ceue and be nu~l and void-
IT IS UNDERSTOOD that the word '.Mwtgagw'• whether in the singular w plwal anywF~ere in this Mortgsge, shall be si~yulu if on~ only u~d ~n
sha!I be plural joinsly and severaHy if more thsn orte, and that the wad "theit' as uted anywl~ere in tF:is Mwtgsye shall be !+ken to me+n •7+is.•• •"be?s:•o i
~";rs," wherever the co~text w impties a admits. Also, that wherever the~e is ~ reference in ~he covensnn and ag~eemsnn herei~ contairK~d ro ~ny of~~ j
she parries hereto, tfie sart+e shall be construed to mean as well as the heirs, Iegal representatives, succeuors snd +ssi9ns (either volv~bry by acf of tM
par~ief or involuntary by operation of the law) o( the san+e a~d lhat the covenants herein co~bined shall bind and the benefits and sdvantayq inur~~
~o the respective heirs, !tya) reprexntatires, wccessors and au'9ns of the panies hereto.
Md said Mortgsgors, fw themsetves and ~heir heirs, lega{ rcprcsemativd. :xu.•ssws u~d auigm, hereby lointly ~nd severalFy covenant and aprse~y
ro and with the said MORT6AGEE, its succesw?s and sssigro: b
1. To p~y all and singviar tiK principal and i~te~est and the vsrio~is and su~dry sums of money p+Yable by vi~tw of said promissoty note, and thi~.n.,
morsgsge, esch snd every, p?omPtly on the da~s respectively the same severally become due. ~
2. To p+y all and s~nqula~ the t~xa, assessmenri, kv'~es, liabilitia, oWig~tions snd encumbr+nces of every Mh+r~ and kir~d ~aw on s+d d~+~r/ ~
nropertY, or tha~ heresfter may be imposed. suffe.ed. plsced, le,ried, or auessed thereon, a that he~eaher may bt levi~d or as~essed ~ipon N~is Mortp~..i
age, w th~ indebredneu securcd her~ty, each and every, when due and payable. ~ccordinp to law, befw~ they becane del~nt, ad befon any inta~st_ t
af~eches u any penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SMAII dE PROAMTIr iATI5fIE0 AND ~ISCFI/1RGED Of~~ ;
RECORD ANO ~HE ORIvIKAI OFFIC.IAL DOCUMfN7 (SUCH A5, fOR INSTANCE, iHE TAX RKEIPT OR THE SATISfACTION PAPER OfFICtAILY ENDORSEO ,
OR CERTIFIED) SHALI dE PLACE~ IN iNE HANDS OF SAIO MORTGAGEE W~iHIN TEN OAYS NEXT AFTER PAYMENT; snd i~ the evsnt thst any thereof is not ~
pa;d, sst sfied and discharged sa:d MORTGAGEE may at any 1~me PsY ~he s+me o~ •^Y P+n ~~~°f without wsiring o~ affectiny sny optiw~, lien, eqvity or
~+ahr v~der or by virr~~e of ~h~s mo~~gage snd the full artw~nt of each and every wch payment shall be immediately dw and payable and shali bear interest
' ra~e of n~oe per centum per annum and to9ether w~th suth i~terest shall be secured by the lien of th : Tcrgrzqe.
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