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HomeMy WebLinkAbout0951 ~~C?5S~33 ~ : CORRE~C~~VB MORTGAG& TMIS INOENTURE. M+de the 25th day of October A.D. 19~.. between anes L. Hamilton a1k/a Agnes L. Callaw~y~ a married adult and Wflson _ Callaway. a sing.le adult a~ St. Lucie ,~~nry Fia~da, herei~atter des~gna!ed as the "MOQTGAGOR;' snd FIRST FEUERAL SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, a corporot~on oryeni:ed and ex~sti~g unda Ihe laws of ths Unltcd Stat~s of America and haviry its principal place of bus~nesf in the Gity of For1 Pisrca; S1. lucie County, florid~, hereinafter designatod as rhe "MORTGAGEE:' WHEREAS 11u MORTGAGOR is justly indebted to the MORTGAGEE in the s~~~ of S_3~7~~00 goad and Iswful money of the United Sfates advanced by the 7r10RTGAGEE unto the MORTGAGOR, as nvidea~ced by a ceria:n promissay rwte o1 even date herew~th, of which the following in ~•ds and I~gures ia a true copy, towit: s 3, 700 .00 r,~, 10021105 Fort Pie~ce, Florids, October Z~J ~y75 For vat~e reteived. 1, ~~.e ot ei!her of vs, promfse to pay, withaut ,efa!ca~~~, ta thz order of FIRST fEDERAI $AVINCaS AND IOAN ASSOCIATION OF .:.'.i PIERCE at Fort P:rrce, FloriJ~, the sum cf b- -3!?~-!~------ v.~~h ~rteres~ (rom dale at Ihe rate of ~7~+I~o per annum, in monthly install- d, r~~~ow:. s69!~__--__ on thr _~~thdey o{ ~Cf!IObEY ~q74~_ and a like sum on the correspondinp day of eath month there- ~ ~ until ti~e who:e t~e fuily pa~d. ~ ~ Each ~nstatlment first shafl bt app~~rd in payment of ihe inreres! and thrn o~ the unpaid ba!ance of the principal svm. If default is made in the f ,,~•,ant of any initatiment when due, and such drfau:t cont~nues 30 days, then at the option of the holder, and without any other ~otice, all the romaining ~ ~:;!aliments shail be due and payable at oRCe. P~iviiege is given to prepay this noie in whole or in part at any time without penalty. Neither forebearante, ~ ~ o~ ac:eptance by the hoider thereof afte. any default in a~y paymer.ts hereon, sha!! be deemed extension. A late paymeat charge of S 3.45 sh~~~ be ~ d to ecch i~stai•.ment remain~ng uny.a~d 7 oays after its d~e dete, and a Gke sum shal; ae added to each such ~nstallment remeining u~paid 7 days sfta ~ c .:h wcceeding payment date. ~ Each maker, svrety and endo~ser hereof, jointty and srveralfy, ws~ves dema~:d, p.esennne~i protest and notite of protesf for nonpaymeM, and further ecs to any ex!ens~on of r~me ot payr:,ent, cit~~e~ be'ore or afte~ ma~or~ty, Niti,o~~t ~iut~ce ro an/ of us; and to pay all eosts of eolleetion, inelud~ng • o,ab~e a~tom~y's fee in the event af a~y d~t~u~r hereunder, and hereby severalty waives al! benefit of h~mestead and exempfion under the tonsfitufion ~'.~~.•t of each S~ate of ~he Unaed Seatcs. as a_;3i:ut this obl~~afior. or any ext_r.:~on or renfwal hereof. , Wrtness ihe hand and seal of eac!~ par!v. s/Agnes L. Hanilton a/k/a Agnq~A~.. ~ ' 1 ~ ~ • ~ ' ~ ' Cal lawa y, a married adult ~ s/Wilson Callaway, a single_a~ij (s~?U - State Revenue # 9 b'r+S~! Nw!lHCd~C~ ~rigir~ll~n0~!) ~ NON, THEREFORE, the MORTGAGOR fw the pur~ose of securing payment of said sum of S 3+7~•O0 , and the performance of the ~ .-.e~~~~nts and agreemenrs he~e~nafter expressed, and for d~ve~s good ar.d vaivetle considerations, by theu presents, dxs grant, bargain, sell, remise, 4 _-:se, convey and con';rm unto the M.ORTGt~vEE, its successors and assig~s, ei! that certain lot, piece or parcel of I~nd, situate, lyinp, and beiag in tAs _~~nty of $t._ LUC1C _ _ a~d State oi Fbr~da, deiuibtd a• foHowt: ~ots 3 and 4, Block 2, MERKLIN SI~DIVISION, as per plat thereof recorded in ~lat Book 9, page 39, Public Records of St. Lucie County, Florida, ~,yo~- loiaz - ao/8- ooo/y a~o ~ - ~ ia - oo/ ~ - ooo/~ This corrective mortgage is executed and recorded in replacement of that certain ~ortgage which is of record in O.R. Book 233, Page 993, public ~ records of St. Lucie County to reflect the correct marital status of the . { mortgagors. ~tate Class C Intangible Personal.Property tax has been paid. See ~ ~ [~eceipt No. 374479 issued by St. Lucie County Clerk of Circuit Court ; on November l, 19T4.~ ; k i i ' ' ~ t f ~.~d" ~ i= ` ~"G IN PAYMEIR O~ t~ ;i _ YIlO?ERn+ E ~ ~ 'C~~ 19/l. r ~ ~ ~ ~µt / ~ qERK C1Rd1~T GWRT~ S(. WCIE 00.. ~ ~ ~ r "a, _ i ~ ~ F ? ;•_rher with aIl and singular the tenemems, hered~tamems and appurtances thereunto belonging p in snywise apperTaining thereto, and all rents, iuues, ~ ~ • ~ceeds and profits accruing and ~o accrue from said premises, all of which arc induded in the above and fweQang dewiption snd hsbendum. ~ ~ ~ q TO HAVE AtJD TO HOID the above desc•ibed and granted premises ~nto the saed MORTGAGEE, its stxcessws and auigns foreve~. And tha said ; their t~iTGAGOR for heirs, executors, administrators and ass~gnt, hereby covenants with the said MORTGAGEE, its sutcessors and assiptu, the are ~ - y lawfuliy seized of the said premises in fee simple; that the same are free, dear and diuharged from all liMS snd entum~ ±^ces in law or in equity, and tha~ they will a~d their hein ibatl warrant and defend the title fo the same to tM s+id ~ ^7RiGAGEE, its successors and assigns, fovever against the lawful daims and demands of all peraons; ~ PROVIDED, AIWAYS that if the MORTGAGOR shalt pay unto the MORTGAGEE the promiuory note hereinbefore deu~ibed and shall iruly, promptly :i ~{u~ly perfo~m, d~scharge. execute, comp~ete, compty with a~d abide by each and every the stipulations, agreements, conditions and covenants of iaid ,~.,nsory note and of this Mortgage, the~ this Mortgage and the Estate hereby creatcd shsll cease and be nu{I ~nd void. ~O a IT IS UNOERSTOpD that the word "Morfgago?" whether in the s~ngular a plural anywhere in this Mortg~ge, shall be singular if one only aod ~ z'-a:: be pfu+al jointly and severa,ly if more thnn one, and that the wwd "the~r" as used anywhere in this Nbrtgage shsl! be taken to mean "his," "her~" ~ i ? "~ts," wherever the context so ;mp!ies or admits. Also, that wherev'er there is a reference in the covenants and sgreements herein contained fo ~ny of } par~ies herero, the same shalt be co~strued to mean as wel{ as the he'us, legal repreientatives, successora and ~sssigni (either votumary by act of ihe ~ :,~r?:es or involuntary by ope~ation of the taw) of the same and that Ihe covenants berein contained shall bind and the benefiri and advant~es inur~ ~ ~ o+t~e respective heirs, legal representatires, successors and ass~gns of the parties hereto. ~ And said Mwtgagors, fw themselves and tF~eir heirt, legal representatives, successors and assign~, hereby jointly and severally tovenanf and apne ~ ~ ~ •o and with the said MORTGAGEE, its successors and assigns: ~ 1. To pay all and singular the principal and in~erest and the various and sundry sums of money payable by virtue of said promissoty note, snd thi~ s-rgage, each and every, promptly on the days respectively the same severally become due. ~ ~ 2. To pay sll and s~ngular the taxes, asiessments, levies, liab~lities, oblgstions and encumbrances of every nature ~nd kind now on said described ~ ;,~ooerty, or that hereafter msy be imposed, suffered, placed, levied, or assesud thereon, oi that hereafter may be levied a aisessed upon ihis Mott¢ ~ or the indebtedneis secured hereb each and ever when dve and ~ ege, y, y, payable, accordirg to law, befwe they become dalinquent, and before ~ay interest •+=c:~es or any penalty is incurred; ANO INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SNAII 8E PROMPTLY SATISfIED AND DIS~HARGED OF ~ i CORD AND iNE ORIGINAL OFFICIAL DOCUMENT (SUCH A5, FOR INSTANCE, TNE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSED ; CERTIFIED) SHALL BE PIACED 1N TNE HANDS OF SAID MORTGAGEE WIiHIN TEN DAYS NEXT AFTER PAYMENT; and i~ the event that any ihereof is not ~ . ~ d, sat sfied and d~scharged sa'd MIORTGAGEE may at any time pay the same w any part the~eof without waiving or sffecting any option, lien, equity u •~,hr under or by virtue of ehis mortgage and the fulf amount of eacb and every such paymem shall be immediately due and payable •nd shall bear i~terat _ :,oT tt•~ ,ia'e +~e~r•~:` . ::a d>~ ~a~e of nme per tentvm per annum and together w~th such interest shall be secured by ihe iien of th s morgtage. ' yc . ~ s~ ~ ~~T~~~~' ~ } ~ r 9 `4~ Y` : . . . . . . s._,.:::4 . .