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Home My WebLink About0848 COPREC'I'IVE ~10ftTC'.AGB 340~' ~ 3 THIS INDENTURE, Mad~ the_ 1$th day of n~' _ A.O. 19~1~., betwNn ~ . ' . _ Re~g ~ mes and Alexandria Thame~ his wife of St . LuCie Counfy Florid~, h~~einaf~et da~g~a~ed as the "IIAORTGAGOR," and fIRST FEOERAI SAVINGS AND IOAN ASSpC1AT10N Of FORT PIERCE, • corpora~ion ayanized and existing under the I~ws of tM United St+t~~ of Ametica and havinp its principal plat~ of busiMU in tM Ciy of Fotl Pierce, St. Lutie County, Florida, htrtinafttr d~sp~a?ed si tM "MORTGAGEE:' WHEREAS tM MORTGAGOR is justly indebted ~o the MORTGAGEE in the sum oi S_--Z~~Q-.~Q good and lawful money oi the Un~ted States adv~nced by the MORTGAGEE unto the MORIGAGOR, sa evidencrd by a certain promissory note of e.en date herewith, of wh~ch the followinp in wwds and (:purei i~ a irw copy. towit: t 27.~ ~00~ .OLL_ ~ 13QOQ327 Fwt Piacs. flwida. _ 7une 1$ 19_Z~L Fo~ value rcceived, 1, we or eithe~ of us, prom~se to pay, without defaication, to t4e o~der of FIRSi fEDERAI SAVINGS AND IOAN ASSOCIATION Of FORT PIERCE at Fort Vierce, Florida, ?he sum of S-~ N~th intrres~ from date at the rate of~~~46 p~* ann~m, i~ monthfy install- mems as follows: 5~~4..-QQ-- on the ~.Te~day of SQ~te~bQr_, ~q__76_ and a like sum on the corre~pond~ng day of each month there- aSt~r uotil the whole be fully paed. Each installme~t first shall be appfird in payment of the interest and then on the unpaid balance of the princ~pal sum. If default if made in th~ psymenl of any inslallment whe~ due, and such default cont~~ues 30 days, then at the option of Ih~ holder, and without any other notice, all the ~em~inin9 ~ instal?ments shall be due and payabie at once. Privilege is given to prepay thi~ note in whole or in part at any time without penalty. Neither faebearu+ce, nor accepqnce by the holder thereaf after any defauit in any payments herron, ihalt be dermed extension. A late paymem charge oi Z 11 •20 ahall be added to each inatallment remaining u~pa~d 7 days after i?s dw dale, ~nd a I~ke sum ahall be added to each such installment remaining unpaid 7 d~ys aher each succeeding payment date. Each maker, surety and endorser hereof, jeinrly and aeverally, waives dcmand, presentment protest and notice of protest for nwipayment, and further sgrees to any extension o{ tirne of paymenl, either before w after maturity, without notice to any of us; and to pay all costs of collect:on, including a reasonable aitorney'a fee i~ the event of any de~autt hereunder, and hereby severatly waives all benefit of homestead and exemption under the constitution and laws of each State of the United States, as against this obli9a~ion a any catension or renewal hereof. W~mess the hand and scai of each pany. c f ge r n i a Tbam ca~_~ (SE/?L) , , - (S~?U c/A~p~ran[ltig ,~amnS (SEAU ~ (5~?U { - - - - - - - - - ~ 3tate Reven~e i (SfaQ1~CaOti~~ Cf\YIiQiYi~ .s1YJ~ f NOW, THEREfORE, the MORTGAGOR fw the purpose of securing paymrnt of said sum of 52~~2~ , and fhe perfwm~rxe of ths covenantt and agreements hereinafter expresiFd, and for divers good and valuabts considerations, by these prese~ts, does gram, bargain, ~II, remise, release, convey and ~onfirm unto the MORTGAGEE, its succe:sws and suigns, ell that certain lot, piece a pucel of Isnd, situate, lying, and beiny in the Covnty of St . Lueie , ~nd $fate of Fbrida, dew~bed a~ follows: Lot 13, Alock 64, SOUTH POR'T ST. LLICIE UNIT S, according to the plat thereof on file in Plat Book 14, page 12~ Public Records of St. Lucie County, Florida. By agreement of Aiortga9or and Mortgagee on file with Mortgagee, the within mortgage secures not only an existing indebtedness, but also ADVANCFS to be HEPEAFTER made by Mortgagee to Mortgac,~or, the aggregate of which will equal the pzincipal amount specified _ in the promissory note secured hereby. This is a corrective ~ortgage designQd to-correct an erroneous I~ legal description appearing in that certain mortgage of even ~ date herewith recorded in O.R. Book 254, page 608, of the public I records of St. Lucie County, Florida, and upon which intangi~le tax has been paid as evidenced by receipt. No. 265915. ~O~ 7 . ~?~s+ws~•+s 3'5~.~~ - ~~"S-- ~-~7~ E~ rn; s~ y . r - : ~ ~ia-~ r ~C~YkD i ~ - - IM PJ11'MEKT Of TlUlft ~ Pl1RSWl~fi TO~~C' IMTI{N61BlE PEn'S!'.?IAl ?ROPERIY, CHAPIER 71-134. /1CTS pf 1971. _ • p06ER P011lII1S aER!( OMAtIf~ OOU11f, ST. r1(t}E pp, t together with all and singular the tenementf, hereditaments and appurtances thereunto belonging w in anywise appertaioinp thereto, and •II rents, iuues, proceeds ~nd profits acvu~ng and to accrue from said premises, all of which are irxluded in fhe above a~d faeqarg dewiptan and habendum. TO HAVE AND TO HOID the sbove deuribed and granted premises unto the said MORTGAGEE, its successors and assigns forev~r. Md the said WSORTGAGOR fw heirs, executors, administrato.s and sasigns, hereby covcnants with t~.e s~id MORTGAGEE, iri successws and ~ssipro, that -~K-~- lawfutly seized of the wid premius in fee simple; that the same a~e free, clear end discharged from all lierb and ~ncum~ ~ ~ bra~ces i~ law or in equity, and tNat the~~ w;;l and thelI heirs shall warrant a~ defend the titie to the same fo tM t~fd MORTGAGEE, its successors and assigns, faever sgai~st the lawful claims and demands of all persons; ~ PROVIDED, ALWAYS lhat if the-MORTGAGOR shall pay unto the MORTGAGEE the promissoty note hereinbefore described and shall tr~ly, promplly ; and (ully pvform, d~scharye, e:ecute, complete, comply with and ab~de by each and every the stipulat:ons, agreements, conditiau and covenanri of said ~ promissory note snd of this Mwtgsge, Ihen thit Mortgage and the Estate hereby veafed shall ce~u and be null ~nd void. ~ IT IS UNDERSTOOp that the word °Mortgagor^ wherher in the s~nguiar or plural ~nywhere in this Mortgage, ~hall be sinpular if one only ud :-°,o ~ sh~ll be plural jointly and severally if more than one, and that the wad "their" as used enywhere in this Mortgage shall be taken to mean "his:• ••hen:' iKav ; w"its;' wfxrever the context so implief w admits. Also, that wherevcr there is a~eference in the covensnts and sgreementt herein containsd fo uty of ~ rhe parties hereto, the same shsll be construed to mesn as well as the heir~, legal representatives, successws and astigns (eithe~ volunsary by ad of the ~ parties ot fnvolumary by oper~tion of the law) of the same and thaf the covenants herein contained shal! bind and the benefits and ~dv~nt~yes irwr~ < to the ~espective he'us, legal representatives, wcceasws and au°gns of the parties hereto. + ~ Md ssid Mortg~gort, fw fhemsetva and their heirs, legal represcntatives, successors +nd assiym, hereby joiMly snd severally covenant ~nd ~prte ~ ~ to and with the said MJRTGAGEE, its successors and assigns: . ~ 1. To p+y ~tl s~d singular the principal snd interest and the various and svndry sums of mo~ey payable by virtue of said promiswry note, ~nd thit matg~ge, each ~nd every, promptly on the days respectivety the same uverally become due. i ~ 2. To pay all and singul~r the taxes, assessments, levies, liabilities, obligstio~s s~d encumbrances of every nsture and kind now on said d~snib~d ~ property, or fhat hereafter may be impoud, tuffered, plated, levied, u sueased thereon, a that heresfter may be levied ot aisessed upon this Mat¢ , ~ aQe, or the indebtedneu secured hereby, each ~nd every, when due and payable, ~ccordirg to law, befwe ~hey become delinqueM, ~nd btfor~ any interpt attaches or any penahy is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISfIEO AND DISCHARGED OF ~ RECORD AND THE ORiGItVAt OFFICIAL DOCUMENT (SUCH A5, FOR INSiANtE, THE TAX RECEIPT OR iHE SATISFACTION PAPER OFFICIALLY ENDORSEO a OR CERTIfIED) SHAII BE PIACED IN THE HANDS OF SAIp MORTGAGEE WITHIN TEN UAYS NEXT AFTER PAYMENT; and in the event that ~ny thertof a ra1 paid, sats(ied snd dischar9ed sa d MORTGAGEE may st any time pay the same w any part thereof without waiving o~ affecting any option, lien, puity w •~qht under w by virtue of this mortgage and the f~il amo~nt of each and every •uch payment shall be immcdiately due and payable a~d shall btu interest ~ ~rom the d~te Ihereof until paid •t ~are of n~ne per centum per annum and together wnh such interesr •hall be secured by the iien of th:s morytaqe. ~ `i i _ ~ ; C - > ~ ' : 4- .s _ .t.. . s ~,~"z.~