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Home My WebLink About1952 W CORR?CTI1/E t10RTGAGF 3~~~3 C 1NIS INDENTURE. N4d~ tl~~ 2~a day pf TLl . A.D. 197? „ b~twe+e William K. Henr~ and Helena D. Henry, his wi~'e ; of St• LUC~A ~ CayMy ftwida, FIlf01MNN dtsignated ~s the "MORTGAGOR;' and FIRST FEDERAI SAVINGS AND IOAN aS50C1ATtOSV OF FORT PIERCE. • corpa~tion wpa~ised and ~xistinp undK tM laws, of iM United Sut~s of Am~rk~ Md h~vinp ib p~lncipal plaa of busin~ss in tM City of Fort Piac~, St. lucie Carnty. Flaid~, h~r~inaftsr d~ti~na~ad ~s th~ "MORTGAGEE: ' • WHEREAS tM MORTGAGOR is jwtly ind~bted to tM MORTGAGEE in the sum of y~~ 00 yood and I~wfvl money of the United States advanced by ths YIORTGAGEE u~to the MORTGAGOR, as tvidcnced by s cenain promiuory note of even date herawith, of which tht followinp in _ ` words and figurei is a true copy, to-w~t: 1 0000 t ~ 2, 000 . 00 rro : fwt Plaa. Florida. Jlll~ 22 ~p { For value received, 1, we w eithe~ of ~s, prom~se 1o pay, w7thout defalca~ion, to the order of fIRST FEOERAt ~VINnGS- AND IOAN ASSOCiATION Of FORT PIERCE at Fort Pierce, Fio~rida, the sum of ~QQQ~OQ w~fh interes~ (rom date at the rate of ~`~Xa psr snnum, in mw~~hly install- z^e~~is as fol;ows: S- 1 i~`!`! on ~he ~0 ~~ay of S~ tember ,~9~ ~nd a like sum on 1M cwrespondirq diy o# +ssch moi+th there- airer until ~he whole be fully paid. Each installment first shsll be applied in payment of the interest and fhen on lhe unpaid balance of the printipa) sum. (f defaulf is +n~de in fM p~ymrro of any installment when dve, and such detsutt continues 30 days, then at the option of the hoider, and without any other twtite, all !he rert»iainp ~;~stallments shall be due and p~yable at once. Privile~e is yiven to prepay this ratc in wFale o~ in part at sny fime_~ ithout ptn~lty. N~s~itMQt froreb~a?antt, no? acceptance by the hoider thereof after eny default in any paymenls hereon, shall be deemed e:tens~on. A Ists-payment tharys of SL!_Z~ thall b~ added to each installment remaining unpa;d 7 days aher its due date, snd • like sum ahali be added to each such installment remaininp u~paid 7 days aher each succeeding payment datc. ~ Each maker, surety ant! endorur he~eof, jo~ntly and seve~ally, wsives demand, preuntment protest and notice of protest for nonpayment, and furthe? agrees to any extension of'time of payment, c~rher before w ateer maturity, without notrce to any of us; and to pay all costs of collectio~, Includirg a reasonabk attorney'a fee in the evmt oF any default hereunder, and hereby severa~ly waives all benefit of homestead and eaemption under the tonititution and laws of each Srate of ~he United Stases, as against this obligalion o? any extension or renewal hereof. Witness the hand and se~t of each pa~ty. ~ d j ~ ; - , ~ - s/Will~amF K. Henrv ~,w ~ ~s~?u ~ - ~ s elena D: Henry ~ ~ cs~w ~ . • es*a~++ps ~~o~-a+gt,.,F-?~en» NO°N, THEREFORE, the MORTGAGOR fa the purpose of securing p~yment of said sum of =12 ~ 0~0 ~ .~nd the performancs of ths covenents and agretments hereinsfter expresaed, and fw dirers good and valwb{e cons~deratio~s, by These presa~ri, does qrant, bar~ain, sell, rcmise, re.ease, convey and confirm unto the MORTGAGEE, its successors and ~signt, all ?hat certaio lot, piep or pucel of land, utwte, tyirg, a~d beinp in th~ Couny of St. I+UCie , a~d Stafe of Fbrida, dew~bed ~s followt: Lot 10, Block 3125, PORT ST. TACIF, S~'CTI~N 45, as recorded in Plat Book 16, Psge 25, of the public records of St. Lucie County, Florida ~~7~~C~- 7.~5' l~~ J"~~~/~ This is a corrective mortgage designed to correct an erroneous legal description aopearing in that certain mortgage of even date herewith recorded in O.R. Book 242, page 309, of the public records of St. Lucie County, Florida, and upon whiCh intangible tax has been paid as evidenced by receirt No. 0l~0868. ~ By agreement of Mortgagor and Mortgagee an file With ~ M~rtgagee, the Within mortgage secures not only an ~ existing indebtech~ss, but also ADDANCES to be HERE- , AFTER made by Iiortgagor to Hortgagee, the aggregate ~ i of Which ~rill equal the prfncipal amount specified ' in the promissory note secured hereby. 1~'~~_ iN ~TM~ ~ T~ i RECF~YEL' r ~ . DUE 01~! OIA~'C {tITAN618LE PERSONAL PROPERIY~ ~ ~ p~ Tp qy1pTER 7a.~31, IICTS OF 1971~, NOGER FOR~IIIS ~ q~RK CIRqlIT OOUICf. ST. WCIE 00, FU~ ~ +oqether with sll ~nd singular the tenemenrs, hereditaments +nd appurtantes thereuMO belonping ot in anywise appKfaininp fMrsto, Nd all reats, bwa, proceeds snd profits acc.uirg and to acwe from said premises, a~l of which ue incluJed in tht sbov~ ~nd forpoinp dnttiption and habendwn. TO HAVE AND TO HOID the above dewibed and granted premises uMO tM said MORTGAGEE, its svaetsors and ~ssipru forwe~. Md fh~ said 'hORTGAGOR fw heirs, executws, administrators and assigos, he~eby covena~ts with ths ssid MORTGAGEE, Ns avaeswn ud astip% tFat - tr`ep 8re - lawfulty se~zed of the said premises in fee simple: thst the same ~re frK, clear and ducFurqad from all liens and ~ncwn- ~ b.ances in !sw or in equity, and that thep will and thej-Y'_ hein shatl warrsnt u~d d~ftnd tM titl~ ro the same to tM uId t!ORTGAGEE, its successors and auigns, forever ~gainst the lawfut claims and demands of all persom; ~ FROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereir~fo?e desvibed and sFNfl fruly, promptly ~ ard fully perform, d+xhsrge, e:ecute, compkte, comply with and abide by each and every the stipulatia~s, ayreamenb, conditions and covenanb of said ~ oromisswy note and of tF~is Mortgsge, then this Mortgsge and the Esqte hersby nesled ahall cea~e and b~ nul) and void. ~~J ~ IT IS UNDERSTOOp that the word "Mortysgor" wi+ether in ihe singufar a plwal anywhere in this Mortyspe, ~hall be sinpulu if one only and ~ ~ shatt be plural jo~ntty and severslly if more than orte, snd that the word "their" ss vsed anywhero in this Mortpaps skall be taken to rtwan "ha;' "hen," ~ ~ cr "its;' wherever tlx context so implies w admits. Also, that WIllRVH there is s reference in tM covenants and apraements herein oontain~d to ~ny of ~ +he parties hereto, the s~me shall be construed to mea~ ss well as the hein, kgal rspresentatives, succeswrs ~nd aui~ns (either voluntary'by sct of tM ~ partirs w involunury by operation of the lawy of the same and that the covenants herein contained shall bind aod rFw bsnefin and .dv.nraye~ invn the respective heirs, kgsl represeMatives, suaeison and au~gns of the parties hereto. ~ Md said AAortgagon, fw themuFves and their heus, kyal r~presentatives, svaesson ~nd ~uipm. F~ereby jointly and wvar~lly townant and ~pne ~ ro snd with the said MORTGAGfE, iri iuccesson and essigro: ~ 1. To pay al) and iingulsr the princip~l and interest and tF~e variovs ~nd tu~dry wms of money paYable by viriue of said promiswry noft, aed this ~ mortgaye, each and every, promptly on tM days respectively the same severally become due. 2. To pay •II +nd singvlu the ts:es, suessmenn, levies, liabilities, oblipataro and Mcumbnnc~s of every nature ud kind now on ssid dacr~d property, or that hereaher may be imposed, wifaed, placed, kvied, or assessed thereon, a tMt hereaNa msy b~ levi~d w as~asad vpa~ this Mat¢ age, or fhs inckbredneu ~ecured hc.eby, each and every, wMn due and pay~bl~, acc«din~ to law, befor~ N~ey becwn~ delinqwnt, ~nd be~on ury Intaat anachei ar-my penalfy is incurred; ANO INSOfAR AS ANY THEREOF IS OF RKORD THE SANIE SH/lll 6E PROMPiLY SATISFIED AND DISCHARGED OF RECORD AND THE ORIGfNAI OffIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFIGIAIIY ENOORSfO OR CERTtFIED) SHAII BE PIACED IN THE HANDS Of SAIO NIORTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT; ~nd in the event that any ther~of a not Pa~d, sat'sfied and dixharged sa:d MORTGAGEE may at any time pay the same w any part thereof withovt wsivi~?y o? affectirg any option, lien, ~quity w ~ ~~qht under w by virwe of this mortgage and the full amount of eath ~nd every svch paymeM sfiall be immediately due and payable +~d shall bear infae~t iroT +he dare the.ecf unr~l ?a d at rate of nine per centum per annum •nd toge~hei with wch interNt shall be secured by the lien of th's morgtage. _ ~ ~ - :z K~,,~ .:~r~'-~~ . -«:a~ ~ ` _ . . , _ _ ~ . ~