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Home My WebLink About1566 CORR6CTIV6 MOR?GAGB ~ x •~,i. ~ - ~t~~t'~~' • THIS INDfNTURE. Mad~ ihe 22nd day of `JAAU~~+ i~°~ A.O. 19_ 7S berw~en _ Millie A. Rhodes~ foraerly Millie Mil1Qr~ joined by hes husband, Leroy B. Rhodes _ ; of 5t . Luc ie ' Counry ~Iw~d+, FKreinai~er dcsy~afed as the "MORTGAG~.)R," •nd FIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a cwpwaf~on o~~anised a~d e~ii~ing under ~I:s !aws oi th~ United Sutat of America and Mviop its principal plac~ of bus;neas in the City of fo~t Pierce, St. luc:s Couny, Ftorids, hereiniftar des~ynated as th~ "MORTGAGEE." i WHEREAS 1M MORTGAGOR n jwdy indebted to the MORTGAGEE in the sum of S-- 18s0O~•~0 good and lawful money ot the Unlted S~ates adranced by the /dOR1GAGEE unto the MORTGAGOR, as ev~rlenced by a cmro;n prom~asory note oi even d~te herewith, of wh~th t!x (Ollowing in ..o:ds and figuros ~s a uue copy, to~w~~: S_ 18 ~ 10021158 ' fort Pierce, Flwida, January 22 19_~~, i Fw va~ue recrived. 1, wr w either of ~•s, prom:se ~o pay, wi~hout defalcaron, w th~ o~de~ of FI~eSi FEDERAL SAVINGS AND LOAN ASSOCIATION OF ~ %:,2T PIERCE at Fort P~er.r, F~onda, the wm of S-_18~~Oz~Q_,___ w,th ~nr.:rrst frcm date at ihe rate o49~9o per annvm, in monthly in~l~ll- ~-rts as fa!owa: 5191~._~____ on the _?Othday of _~rC~1__, ~q_75 and a like svm on the correspondin~ d~y of each mooth therr ~•~r: v~~fi! rhe who!e E,e f~11y pe,d. . Each installnunf fint shaU be app':ed in payment of the interes~ and then un the wpaid balance of ~t~e priru~pal sum. If deiault is made in the ~ ,.,,:r.ant of any insta~tment M,hen doe, and such default con~inues 30 d~ys, then at the opnon of ttre holder, and without any other notice, all the remaining ;r,;iments shail be due and parablt at once. Fr~vi:~~r is givrn to prepay thia not~ in who~e or in part at any fime without penalty. Neither torebearante, ~.,r acceptance by the ho(de~ thereof afte~ any defavlt in any paymeMS hereon, shal! be daemed extension. A late paymertt charge of S-9.~-l-, shsll be ~ i=d ro eech inalallment +emain:ng unpa:d 7 dars after its due date, and a~+k_ sum shall be addrd to each such installmeM rtmain~ng unpaid 7 days afte? ~ s~cceeding payment date. - Each maker, surety and endorser hereof, jo~retly azxi sevEra!ty, wa:ves de~~ar.d, praser.tment protest and r.ot+ce of protest fw nonpayment, and further ~,~-<:es to any eatens~on of hmr of paymenT, t~iti~er b3Eor6 Or atter maturity, without nor~ce to any of us; a~d to pay all costs of collection, indud~ng a >;;nable atrurney's fee +n the event of any dafa~.,1t her~under, and he~eby seve~atly waives all beoefit of homestead and exemption under the constitut'an i'a:vs of 2ach State cI !he (Jneed Srates, as aga~:ast this obGgafion w any eatens~on o+ ~ennwal hereot. Yiifness the Fand and seat oi each party. P• > i r • • ~AU INPA~~OF,~ S/ Millie A. Rhodes~ ~~~NG~BI.E pEasotut ?no.'ERi~. f oraer ly Mi 11 ie A Mi l le r DUE ON qASS 'C ts~?U ~p qWp~Eg n.l3t, ll~ts OF 191i-.. S/ LeroY B. Rhodes ts~w - • IIp6ER ~OITRAS ~"1'1 C~ ' CI.ERK CIRCUti~CW~. ST. WGE ~Q, - tV0'N, THEREFQRE, the MORTGAGOA for the {wrpase of securing payment oF said sum of = 18~~0.00 and the pNformsnce of the _ :~venants and agreemen!s here:na(~er expressed, ar.d fw d'+vers good and vatuable con~iderations, by these presents, does grant, bargain, sell, remix, _ e.3e, comey and confirm unto the MORTGA^vEE, fts successo:s and ass~9n~, all that certain lot, piece w parcel of land, situate, lying, and being in the t ~o;.•~.ry of St . Ll1Cle and State of f:or~da, desuibed •s follows: Lot 22 LESS the west 5 feet thereof and all of Lot 23, Block 2, of ?HE REVISED SUBpIVISION OF LINOOLN PARK, according to the plat thereof recorded in Plat Book 4, page 77, Public Records of St. Lucie County, Florida, Said property being further described as Lot 22 L65S the West 5 feet thereof and all of Lot 23, Block 2, LINCOL~i PARK No. 2, as per plat thereof recorded in Plat Book 3, page 4, Public Recozds of St. i Lucie County, Florida? f i i This corrective.aortgage is executed and zecorded in replacement of that certain ~ mortgage which is of record in O.R. Book 235, page 2621, public records of St. ` ~ Lucie County, Florida, in ozder to uake the legal description of the zeal pro- ' i perty more certain. State of Florida Intangible Personal Property ?ax has been ! paid. See Receipt #374931? ~ ! E 's ~ , ~ ~ •:~etner w~th all and singWar the tenements, hered~taments and appurtances thercunto belonging or in ~nywise appertaining fhereto, and ~II rents, iuues, ~ 3 cceeds and profits accruing and to accrue from sa~d premises, ail of whi~h art included in the abovs a~d foteganq dewiption ind habendum. ! ` ~ TO HAVE AND TO, HOID the above descnbcd and granted premises vnto the said MORTGAGEE. its sutceswn and sssigm fwever. Md tF» ~aid ~ theii ~ ^,4TGAGOR fw t~eus, e~ecutors, administrators and ass+gns, hereby covenants with the said MORTGAGEE, its wccessws ~nd auipro, 5 _the are • z~ :awf~l{y se~zed of the said prem;ses ~n fee simple; that the same ~re tree, ckar and discMrged f~om d) lie~a ~nd ~ncum- ~ ~~~ces in taw or in equity, and that theY w;ll and thel= heir• shsll warrant aod defend the title fo the same to tl?e said `~RTGAGEE, its successors ~nd assigns, iorever against the lawtul claimf and demands of all persons; ~ PROVIOEO, AlWAYS that if ~he MORiGAGOR shall pay unto the MORTGAGEE the promisswy rate hereinbefore described u~d shall trtlly, promptly ' ~ fv:ly perform, d[scharge, execute, corr:ptete, comply wnh and abide by each and every the stipul~tions, ayreements, tonditions and covenants of qid 3 -.,sswy note and of fh~s Mor:gage, rhen this Mort9age and the Estate hereby vealed shsll cease and be null and wid. ~ = IT iS UNDERSTOOD that the word "Ma~tgagoi' whether in the singular or plural anywhere in this Mortgage, shsll be sir?~vlat if one only and s` be plural jclr,tiy and severaily if more than one, and rhat the wo~d "tFx~r" as vud anywhere i~ th7s Mortg~ge shall be taken to mea~ "his; "'hen;' ~ _'~rs;' wherever she context so implies or adm~ts. Also, that wherever there is a~eference in the tovenants +nd sgreemenb herein contained to any of ~ ~ e pa•ries hereto, the same shatl be construed ro mean as well as the heirs, legal rep?esematives, wccesson snd auigns (either voluntary by acf of the ~ :~~~:es or invoiunrary by operaNOn of +he taw) of the same and tha~ the coveoants herein.contsined shall bind snd the benefits and ~dwMa9es inu~~ ihe respective hdrs, legai representatives, successws and ass°gns of the psrties hereto. c ~ And said Mbrtgsgors, fw themselves and their F?eirs, legal representativcs, iucceuas and ~uigru, F?ereby jointly and severally covenant and ayree ~ ~o and wirh the said MORTGAGEE, in wccessors and assigna: _ r 1. To pay all and singular the principal and interest and the various and sundry wms of money payable by virtue oi said promissory rate, and this ~ ~ ortgage, each ~nd every, promptly on ihe d~ys rapectively the same sewrally become dve. ~ 2. To pay all and ~ingular the ta:es, assessmenrs, levies, liabilirief, obligations s~d entumbrances of evtry nat~r~ and kir?d ~ww on faid d~wibed ~ c-operty, or that hereafter msy be ;mpoted, s~lfered, placed, levied, w asseased thereon, or thst hereafta may b~ levied a assessed upon tha Mwt¢ ~ age, w the i~debtedneu secured hereby, each and wery, when due and payable, xcording to Isw, befw~ tl+ey becane delinquent, and before any i~taest F ~+'aches a any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPitY SATISf1ED ANO OISCHARGED OF ¢ -c'ORD AND THE ORIGINAL OFfIC1Al DOCUMENT (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION P/1PER OFFICIALLY ENDORSED ~ CERTIfIED) SNALL BE PIACED IN THE HANOS OF SAID MORTGAGEE WliNIN TEN DAYS NEXT AFTER PAYMENT; and in the evmt that any thereof is oot ~ :~:d, saYSf~ed and dixharged sa'd MORTGAGEE may at any t~me pay the same o~ any part thereof without waiving or sffecting any option, lien, equify a - •.~i,r ~~nder or by vlrt~e of this mortgage and the fvll amount o~ each and every tuch payment shall be immediately due sod psyablt and shall beat imNesf s~o~^ ~ho de~r *~ere-~ ::a d a~ rate of n;ne pe~ centum per annum ~nd together w~1h fuch interest shall be secured by fhe fitn of th's mo~gtagl. ~ x .Y°~ ' A~ . . . . . . _ . ~ .1..__.