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Home My WebLink About2438 , ('OPI'ECTIVF D10?'T~~Ar,E 308`734 I~ TMIS INDENTUitE. Mad~ the 5th ~y of tiS'~ y A.D. 19_? 5 be~w~an Wilfred F. Chatic~ny, a single adult; and Marjor e F. F11~.qtt~ a single adult St Lucie ~T of • County Fiorid~, here~natter de~~nated as the "MORTGAGOR," ~nd ~IRST FE~ERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, ~ corporation oryaniud and existinp unde~ Ihe law~ of the United Statoi oi A~mic~ and h~vin~ its prirtcip~l pl~c~ of ! busineu in 1M City of Fort Piacs, St. Lucie County, ftorid~, h~~einafter designated as tM "MORTGAGEE:' WHEREAS the MORTGAGOR is justly indebted 10 1M MORTGAGEE in 1M s~m of S 9~~~~~~ g~d and lewful mo~eY oi the United S+are~ advanced by the MORIGAGEE unto the MORTGAGOR, as ev~de~xed by a cer~a;~ prom~uwy no~e of even date harewitti, of wh~ch the tollow~ng in words and figures is a true copy, towit: 13000032 = 9~000.00 ~1ay S ~ 19 75 Fotl Pierts, flwida, for value received, 1, we o~ ei~her of us, prom~se to pey, w~thout defa~cation, to ~he order of FIRST FEUERAL SAVINGS$~ ANO IOAN ASSOCIATION OF ; CRT PIERCE at Fort Pie~ce, Florida, ~he :~m oi S-_ 9y,~~`~~ _ N:~h ~nte~est from date at the rate of 8'7~J'o per ennum, in monthly ins?all- •.r~~rs as fo~!ows: 5--74!~~ ~~he _=2~ttt+Y of AU(ril5t ~q 7S and a I~ke sum ao the cwrespond~ng day oi each month there- ~rrer until the wholc tx fully pa~d. Each instaiiment first shall be applird in payment of Ihe interest and ~1~cn o~ the unpa~d balance of the prinupal sum. If defa~lt is made in tM H~~+naM of any ~nstal~ment when due. aod such deiault conrinues 30 days, then at the epno~ of the holder, and without a~y other notice, all the remaining ~~srallments shall be due and payable at once. Pnvilege is g~ven to prepay this note in who!e or in part at any time without penalty. Neither fwebearante, ror atceptance by the hotder thereof after any default in any payments hereon, shal! br deemed extension. A late payment chargeof ~s7O aMll be .::i:i-d to each i~sfallment remaming unpa~d 7 days after its due datA and a like svm ahalt be addrd ro each such instailment remaining unpaid 7 days after each succeedirg payment datr. Each maker, su~ety and endorser hereof, jointly and severalty, wa~ves de~~and, presentme~t protest and notice of protest fw nonpayment, and further ~yrees to any extension of time of pay~nent, either b=fore o~ aiter maturity, w~rF.n~t not:ce to any of us; and to pay all costs of collection, includ~ny a <<: sonable attornzy's fee in the event of any defjuh hereunder, and hereby severa!ty waives all beoeiit o( horr~e~tead and exemption under the conslitWion ,•~d !awa oF each S~are of ~he Un~ted States, as against this obi~gation or any rxtens:on or renewal hereof. VJitness 1he hand and seal of each party. ~ : ~ ' s/Wilfred F. Chatigny cs~?u s/~tazjorie E. Elliott ~U . ~ (sEnu ~ - a--s~+~.-e.~ - i~empr e+n+eeMe~ ~n ~ngN+at'tieef!) NOW, THEREFORE, the MORiGAGOR for the purpose of seturing payme~t of sa~d sum of S 9~~~~~~~ , snd the performsnta of the ~o+enants and agree~nents hereinafter expressed, and for d~vers good and valuatle considerations, by these presents, does grant, bar9ain, ull, remise, _,~ase, convey s~d co~f~rm unto the MORTGAGfE, its successors and assegns, all that certain lot, piece ot partel of land, sifuate, lying, and being in the County of St. LQC].e and Statc of Fbr~da, deau~bed es tollows: l.ot 16, F31ock 4~1, P~ORT ST. Lt1CIE, SECTIOV 26~ as recozcted in P2at f;ook 14 paaes 4~ 1tA, ~iB and ~iC, of the puUlic records of St. Lucie County, Florida 3~aa -~~s -oy77-ao% This is a cozrective mortc3ac~e desie~ned to correct an erroneous le~al desc.ription appearirg in that certain mort~a~e of even date herewith recorded in O.R. ~3ook 239, page 127~t , of the public records of St. Lucie County~ ~lorida, and upon which intangihle tax has been paid as evidenced bl? receipt A~o. 3758b3• i ' E i L t~-~~-~-`'~`..__~-~- ! REC~1VfD ~ 1 ~pSOMJ1t. PROPER r. ~ To ~a+A~"R'; "~rs oF iy~~.ll'l 5 ttOGER PORRAS ' ~t,E.RK CIRC111T OOURj. SI. LJl:1E C~•. ~ ~ ~ ~ !;oether with all and singular the tenements, hereditamenn and sppurtances thereunto belonging w in anywise appe?taining thereto, aRd all rents, itwes, ;,rxeeds and profi+s sccruing and to accrue from said premises, all of which are included in the above and fwegdng destriptan and habendum. ~ TO HAVE AND TO ?{OlD the sbove dexribed and granted premises unto the uid MORTGAGEE, its suctesson and auigns fwever. Md th~ said ~ "^RTGAGOR for --thP.1Z ~~~s, executors, administrators and assigns, hereby covenanb with the said MORTGAGEE, iri wttesson uid ~ssipm, ~ •~ar -they dre lawfully se=zed of the said premises in fee simple; that the tame are free, dear and disth~rged from all IieM and entu~ ~ :;•ances in Iaw w in equity, a~d that theS~ will arid t heir ~;~s shall warrant snd defend fM title fo the s+m~ fo iFa s~id ;4 .'ORiGAGEE, its successon ar~d ass~gna, fwever against the lawiul claims and dcmands of all perwns; ~ PROVIOED, AtWAYS thst if the MORiGAGOR shall pay uMO the MORTGAGEE the promissory note hereinbefwe desttibed ~nd shall huly, promptly ~ ~ ,~d fully perfwm, d~scharge, execute, compkte, comply with and ab;de by each and every the stipulations; agreemenri, conditions snd co+renants of s~id ~ ::~~-n~ssory note and of this Mo~tgage, ~hen thia Mwtgage and the Estate he~eby ueated shall ce+se and be null and void. Y' IT IS UNDE&STOpD that the wwd "M~rtgsgor' wF+ether in the s~~+gular or plunl anywhere in thii Mortg~ge, ~hall ba sinpular if one only and ~ shall be plunl jointly and severally if mwe than one, ~nd that the wo?d "their" as used ~nywhere in thit Mortp~ge shall be 1+ken to me+~ "hq;' "htn," ~ "~ts;' whereve~ the conte:t so ~mp1~e~ w admits. Also, that wherever there is a relerence in the covenants ~nd ~reemenb herein containsd lo ~mr of ~ fhe parties he?eto, the same shall be construed to mean as well as the heirs, kgal r~presentatives, successws and auiy~» (either volunt~ry by ~tf of tht ~ ~ cart~es or involuntary by operation of the law) of the same and that the covenants hcrein contained sha11 bind •~d ~he be~efin s~+d advsnrapes inw• +o the respective heirs, legal represcnta?ives, successws and ass~gns of the p~rties hereto. ~ ~ And ssid Mwtgsgon, fw themselves and their heirs, legal representatives, ~uccessas snd ~ssign~, hereby jointly and ieverelly covenant and apree ~ ro end with tF?e said MORTGAGEE, its successors and ~uigns: ~ 1. 1o pay all and singulsr the principsl snd interest and the vsriovs and sundry sums of money psyable by virtve of said promissory note, ~nd this ~ mo.tgsge, each and every, promptly on the days respedively ihe same severally become dve. ~ 2. To p~y all and si~gular the ta:es, assessments, levies, ti~bilities, oblgatrons and eocumbances of every naturt ~nd kind now o~ asid described ~ property, a that hereafter may 6e impo~ed, suffered, plated, levied, a assessed thereon, or Ihat hereaftK may b~ levied o? ~uessed upon this Mwf¢ ~ age, or the indebtedr~ess secured hereby, each and eve~y, when d~e ar?d payable, sccording to law, befwe they become delinqueM, ~+d beiw~ aMr interest ~fr.;ches or any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORO THE SAME SHAtI dE PROMPTIY SATISfIEO ANO DISCHARCsED OF R~ CORD ANO THE ORIGItvAI OffltlAt OOCU?AENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENOORSED GR CERiIfIED) SMAII BE PIACED IN THE HANDS OF SAID MORiGAGEE WITHIN TEN ~AYS NEXT AfTER PAYMENT, ~nd i~ the event thst any rhereof is r+o1 ~ r•e~d, saYSfied snd diuharged sa[d MORTGAGEE may at any f;me pay the same or any part thereof without wsiviny or affectirg sny option, lien, equify p •~qhr ~nder w by virtue of th~s mortgage and the full amovnt of each and every such payment shall be immediately dve and payabk and shsll bear interest i.nm rhe da+e the~eo~ ~er~, pa d r~ ~ate of n~ne per cenWm per m~um and togethet w~th such interest shall be setured by th^ lien of fh"s morgtage. ~ ~ ~ ~ ~ ~ ` ~ ~ ~r~~.-.~ _ .,,4. ~ ~ _ - . -