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HomeMy WebLinkAbout0390 CORRECTIVB MOR?GAGB ~;~Q i: j~ ' THIS lNDENIURE, Mad~ tM 2~th d~y of ,`:NeDruaz~r A.D. 19 7~ be~w~sn Victor J. Goodman anc~ Margaret B. Goodman, his wife o{ $t. Lucie ~~~h F~prida, herai~aftH dssignated as tha "MORTGAGOR," and FIRST FEOERAI SAVINGS AND tOAN ASSOCIATION OF FORT VIERCE, ~ corporatron oryani:ed u+d ex~iting unde~ th~ lew~ of tM Un~~~d St~~~s of Ameriu and hevinp its prirxipal pl~c~ of busineu in tM City of Fort PiHCe, S~. l~ci~ Counfy, flaida, lureina(ter dsiipnated +s tM "MORTGAGEE:' WNEREAS the MORTGAGOR is jusdy indebted ro th~ MORTGAGEE in tM sum of j~ ~1~~!~ good and lawtul money of the Un;ted Srates adverxed by tha rd'JRiGAGEE unto the MORIGAGUR, as sv~danced by ~ cenam prom~ssory nore of even date he~ewnh, of whrch the fotlowin~ in ~~dOs en~Of+gu~ cs a trw ccpy, ~o-wct: 13000232 S • ' No fort Pieres. Flw~da. Februarv 20 19_Z~ # ~ fw value received, 1, vrt w eithe? uf us, promise to pay, wi:hout defaicatiun, to the order of F!RST fEDERAI SAVINGS AND IOAN ASSOCtATION OF FORT PIERCE at .'ort Pierce, Floride, ihe sum af i- 2O ~Q~- ~ _ w~th interest lrom date at tha rote of 8_S o pe? annum, in monthly install- ; ~.~enn as 1o!lows: f 162 .OO _ on the ?Qth d~y o{ June Iq 76 snd + I~ke sum on the correspond~~g day of each month therr after umil ehe whole be fWty paid. Esch ~nstallment firat shall be app~ied in payment of Ihe interest and then on the unpaid balance of fhe p~inc~pal sum. If detault is ma.~e in the Hay~nent of any installment when due, and such defau:t continues 30 days, the~ at the opl3on of the holdar, and without any other notice, all the remaininy ~ns~allments shall be due and payable ar once. Priviiege is given to p~epey this ~ote in whole w in part at ~~y time witho~t penalty. Neitlur faebearanc~, nor acceptance by ~he holder therroi after any default in any payments hereon, shall be dermed extension. A late psyment clurge o( f 8• 1O, shat) be ad~ed to each in~rallment remaining unpaid 7 days after its dw date, ~nd i I~ke sum shall be addrd fo each such installment remaining unpsid 7 days ~fqr each succeeding payment date. Each maker, surety and endorse~ hereof, jointly and severally, wsives demand, presentment protest and no~ice of prote~t for nonpayment, a~d further agrees !o any extension of rin~e of payment, eithcr b~tfore w after maturity, without notlce to sny of us; arid to pay all costs of colletlion, including a reaxonable attorney's fee in ihe evevN of any detault hereunder, and hertby severally waivzs afl benelit of homestead and exemption u~der the constitution e~~d laws of each S~ate of the United States, as aga~nst this obligation w any eatension q renewal hereof. Wit~exs the hand and ual of each party. ~ ' ~N ~ a/Victor J. Goodman cs~~U } ~?u ~ ouE o~ a~ ~ ~r~~ ~aowu.'~xn; PUR91M/~ 1~ CMMRR 71-13t~ 1~iT= i 3W1. s/Margaret H~ [`~nr~.in (S~?U 's ~ ~ _ ~ ~ ~ _ ~ ~ $tste Reven~E11K C1~/f OOYR~ 3~ ~IIOIE ~ Ft~ t (SEAU tSranrpttanerNeei-m-urigiRat ntfn!? NOW, THEREFORE, the MORTGAGOR fw the purpose of secvring paymem of tsid svm of ~ ~ and the performa~cs of fhs covenanrs and agreements F?eraina(ter expressed, end fw divers good end v~lwbk considerations, by these ptesent~, does granf, bargain, se1t, remise, reiease, convey and conf~rm unto the MORiGAGEE, itt successors and auignt, ~II fhst certain lot, piect or pucet of land, situate, lying, snd beirg in 1M ~ County of $t . Lueie and State of Fbrida, desuibed ~s follows: Parcel No. 7 Beginning at the Southrrest corner of Lot 10, Block 2, HARRIS SLIBDIVISION as recorded in t~lat Book 3, Paqe 5, of St. Lucie Caunty Florida, Public Recordss run thence 6ast 254.97 feet: zun thence South 25° 50' O1" East, parallel to the Westerly right-of-way of South Indian River Drive, 125.17 feet to the point of beQinninq: thence run East parallel to the South right-of-w,~y of Ha;ris Street 250 feet te the Westerly right- ~ of-way of South Indian River Drive:.thence South 25a 50• O1" Baat 110.22 feets thence ~ West 304.08 feet: thenoe I~ort~.l~° 55! 57n West 14.44 feet to a point on a curve: thence 6asterly along~said curve aonceve:to the Northwest said curve having.a delta s angle of 72° 04• 03" a zadius of 45.d0 feet and a length of 56.60 feett thence run North 25° 50' Ol" West 47.39 feet to the point of beginning said Parcel being in Lot , a~ and the Tract nac~ed Harris, Block 2, of said HARRIS SUBDIVISION~ ; This is a corrective oortgage desiqned ta correct an erroneous legal description ; aopearing in that ceztain mortgaqe of even date herewith recozded in O.R. Book 244, ! page 247, of the public recards of St. Lucie County, Florida, and upon ~vhich intangi- ble tax ha s been pa id a s evidenced by receipt No . 429144 ? ; By agreewent of Hortqaqoz and Mortqaqee on file with Nortgagee, the within mortgage secures not only an existing indebtedneas, but also ADVANCFS to be HEREAF'TER nede by ~tortgagee to ~fortgagor the aggregate of which will equal the principal amount speci- ~ fied in the promissory note secured herebyv i APPRAiSf ~S ! ~ ~ ak~r 353a• Sb3-GGI UEX~ L UC ~ g together with all and singvlar the tenemtnts, hereditartxnts and sppurtantes therwnto belww,~~np or in s~ywise ~pperbininp therefo, and all t~nri, Iss~es, ~ prxeeds and profits acuuiny and to accrue from said premis~:, all of whid+ us intludet! in tFro abov~ and fonpoiny description a~d Mb~ndwn ~ TO HAVE AND T ?fQiD tt~e eoove dew~bed ~nd graMCd prembes unto the said MORTGAGEE, itt successon u+d auiyra fwever. Md tFN wid ? t~ieir MORTGAGOR for hein, executors, administratws ~nd assigns, hereby covenanri with the ssid MORTGAGEE, ib wtteuors and asaipnt, ~ ~nar _ they are ~awfully seixed of the ssid prcmises in fee simple; that tFw sarrM ue free, ckar and discharyed from sll lism and a~cwn- t 4 brancet in Isw w in equity, and that thev w~~~ a~ their hein sMll warrant a~d defend the titls to the same to tlw sald ~ MORTCaAGEf, its successors snd auigns, forever agsinst the Iawful ctaims snd demands of dl persoru; Y 3 PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the AhORTGAGEE the promiuory rate hereinbefore dawibed and sh~ll truly, promptly ` and fully prrform, d~xharps, execvte, compkte, comply with and abide by esch snd every ihe stipulatiorn, agreemenq, co~ditioro and covenan» of uid ; prumissory note and oi this Mortgage, ~hen this Mwtgage and the Esqte hereby ve~ted shatl cesse and bs rwll and wid. ~ IT {S UNDERSTOOU that the wad "INort whether in tFw se } g+gor" ngu4r w plwsl ~nywhere in this Mwtgaye, shall be sinpulir if on~ only and ;p ~ sh~ll be plural jointly ~nd sever~lly if more thsn w~e. and that the wwd "their" ~s used snywher~ in this Mort9ape sh~ll be Hken to mean •'his," •'heq,•• M~ ; : w"i» " wherever the context w implies or ~dmits. Also, that wherever there is a reference in the cwensnb and s~reemenb herein ooM~inad to any oF ~ ; rhe partin hereto, the ssrne shall be construed ro mean as well n the hein, leyal r~preseneatives, succ~swn and auiyru (either volum~ry by ad of th~ parties or involu~tary by ope?stion of the lavr) of the same and that the covenants herein contained sMll bind and the benefits u~d adv~nlapp irwn ~ to the respective heirs, legal representatives, svccesson and au~gns of the parties hereto. - Q i ~ And said Mwtgagon, for themselves and tF+eir heirs, leysl represent~tive~. ~ucceswrs a.~d auiy?:s, hereby jointly and severally cov~na~t and pne - z to and with the iaid MORTGAGEE, its succeaws ~nd auigru: " ~ 4 1. To pay ~II and singular the principal and interest ~nd the vsriovs snd sw+dry sums of money p~yabk by virtv~ of sad promiupy not~, u~d MJs ~ mortgsge, each and every, promptly on tFw days respectively the same sev~r~lly become d~e. a 2. io psy all ~nd s~n~ular the taxes, assessmenb. Iwies, lisbilities, obliystioro snd encumbance~ of every rwture and kind now on said d~saibd Property. a that hereaher may be impwed, wffered. Placed, kvied, or aites~ed thereon, a tMt he~esfter may be levied or asseued upon thk Mort¢ ; age, w the indebtedneu iec~.ed hersby, e+ch and every, when dw and paysbk, accord~ng to lav?, beiae they becomt delinquent, and b~fw~ ury im~nat , attathes or any penalty is incurrRd; AN~ INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAtI SE PROMPTLY SATISfIED AND OISCHARGED OF ; RECORD ANO 1ME ORIGINAL OFFICIAI ~OGUMENi (SUCF4 AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfAC710N PAVER OffICIAILY ENDORSED OR CERTIFIED) SNAII 8E PIACE~ IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; snd in the event thst any th~r~of is not r paid, sat:sfied ~nd dixhsrged sa:d MORTGAGEE msy at any time psy the same w any part thereof witlwot waiving w affectirg any op?ion, lien, eqvity or •~qht vnder w by virtve of this morrgage and the full ~mount of esch and every such p~yment shall be immediately due and payabk ~nd shall bear intNett ~rom the d~te thereof until pa~d st rare of nlne Qer centum per ~nrwm ~nd toge~her w~th such interest shali be secured by the lien of th:i mor~tape. ~ ~ ~ r ~ ~ i 3 ~ N > y. ~ +.t~~~ . ~ s ~ ~ .-w- r " ~ Y ~'~~`~,.':rs`-'`~`~'~.'~?s,~ x.~~ . _