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Each taltment fint ihall M~pp " in p~Yment of t!» intw~st then on tM unp~id bala~t~ o tM p~in6p~) swn. If h b m~ iw th~
payment ~njr im~ail~+»nt wMn dw, wc6 d~fault ca+tinuea 3p then at tlr. option of t!» and withow any odwr ~a, di ti» rMnaMl~g
irnql sh~ll b~ dw and payablt tt . Ptivilpe is yiven b r this noN In whol! Or in pa11 •~ny tim~ withoul pt+witp. (~MithM fOnb~MM10~~
nw t~ece by the hold« tl~raof • H any dstauft in any p~ Iwraon. ~h+ll be d~emsd tx A I~b p~ym~M clwp~ ~ .~11 b~
added Nth ira~dM~ent nm~ininp id 7 days. ~ffM: Hs dw da and a lilc~ ~wn ~Mil ~ddtd ro -wd~ imtallm~nt r unpiid 7 d~y~
each payen~nt dat~. . •
Each mak~r, swety and Mreof, ~ointly a~d several , wiives damn?d. pres~ntmet?t pr est and notio~ of protast natp~ym~nR. and
agr b aey uctension of tim~ of ym~nt, either beFore o~ ~fter turity, withoul notia to a~ryr o uss and to pay +tl of ooil~ctioq, p~d •
r atton+e~/~ fN in tM t of ~ny defautt hereunder. Mnby wvK~lly waeves all b~ fit of homast~ad and • und~~ tM bn
and iaws of sach Sutt of tl» U ted States. q pairW this. Iion a ahy ~xtansion w ~enewd ~of.
Wihiess the h~nd ud s~al of exh psrty. '
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NOW. THEREfORE. tM MORTGAGOR fw tM pwpose ef ~ecwi^y WYment of saW swn of i 25j6~. ~ , and tM p~rfarm~nct of /M
cownN+ls ~rd apn~b ha~insfte~ expressed, and fa divera pood and valwbb considK~t~ona, by thae p?~s~nts, do~a praM. ba~aiq, all, nmis~,
releas~, oonwp ~nd oonPum unw tM AAORTGAGEE, its aucc~ssors and utipns, aU tMt aartain lot. Pl~a or P+ral of ~+nd. Wust~. ~Yinp. and bdnp tn tIN
~p~ty _ St I~~Ci o . and St~h of fbrid+, dNCribed a folbws:
west 27 feet of Lot 15, and Lot 16 less the West 13 feet, Block 3~ RRANKLIN PARK
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ADDITION, according to the plat thezeot on file in Plat Book 6, Paqe 32, pnbl c
~v~„~a . ~9- '1'/D - DO ~ o S
records of St. Lucie County, Flozida, ~ ot~ir t ~
By ayreeaent of Mortgaqor and Mortgagee on f ile with Moztgayee,
the within a~ortgage secured not only an existing indebtedness,
but also ADVANCBS to be HERBAF?BR oade by Mortgagee to Mortgagor
the aggse9ate of which will equal the principal avaunt specified
in the proviasory note s¢cured hereby.
?his is a corrective woztgaye designed to correct an erroneaus legal
description eppearing in that certain oortqag¢ dated August 12, 1976
and recordad in O. R. Book 256, page 885, of the public records of -
St. Lucie County, Florida, and upan which intanyible tax haa been paid
as evidenced by receipt No. 266503.
I~ ~ ~ IN PAYYp~ ~ T~
~ Di~ qi ~C' W*ANGIBLE rE:•.i0t1Al ~AippEqry~
f p~T 10 (~fM=f4 72-1~{. ACTS ~ Il11.
~6E11 POlilrl5
- a~ ~ aeuRr, :r. ~ ~
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~ toyetl~er with dt u~d sinpubr tFN t~r~r~ann, hereditaments and spp~xtsnus tlwnunto b~loi~yinp or h anywi~e ~ppt~tainirg tlwMo, and ~U rM1s, bNrM.
~ pron~ds ~+d prof'AS atvuirg u~d to xcrw from said prerrwses, all of whid~ u~ iecluded in the abov! and forpoirg dpaiption and Mbendwn.
TO HAVE ANO TO HOID the above desorib~d and ~rant~d premius vmo the aaid MORTG/1GEE, ib woon~o~s and aaipns forevM. Aed th~ sNd
j MORTGAGOR far th@1! Min, ex~cvlon, administr~twc and asziyro. MnbY aov~nanb wHh tM said MORTGAGEE, fb wooM~a~s and aaipn~,
~ rhat they aze IawfulFy seiz~d of tl» aid praniws in f~e simplej tlut th~ sarM ~n hk, dur ~nd ~ctwpad from all li~ns ~nd aKUn?
~ b..ncn in ~.w o. h.quity. .nd rhst thev r,~;~~ .~a the ir Iwi.s s~+.~) w...s~ «+d d.f.ed 11,. Hrb w d,..nn. a+h. wd
~ MORTGAGEE. Ms wocestors u+d assgra. fwever yairot the lawful daioa ~nd d~rtunda of all pKSOnsj .
€ PROVIDED. AIWAYS that if IfN MORTCsAGOR ihsll
P+Y ~,nro ih. MORTGAGEE ti» p~ombsory not~ h.rfinbefa~ d~wibd and ~11 uvlp, wampfh
end fvlly perform. ~uchs~pt. ~xacut~, comPl~t~, compfy with u~d abid~ by each and w~ry t!K stipvlationt„ +pr~ts, aondtioro ad ~ of taid
i promiuay noh and of this Mort9a~e, tMn this MortyaQ~ snd t!w 6tatt her~by v~ated shsll osas~ ~nd b~ nuN ~nd void.
IT IS Ut~lDERSTOOD 1Mt tlw word "Mwtgapw" whethe~ in the sinpvlat a plural ~nywfier~ in this Mat~pe, sh~p b~ sinpular lf on~ only ~nd
Ma
j sF?all b~ plw~l ~o'w~tly ant! teverdiy if mor~ than on~, and that tl» word "their"' as wed anywhen in tM Mortpapt sl+dl b~ tak~n to mtM+ "hh," "Mrs,"
o. "Fb.' whawer tlk cont~xt w imptia o~ admin. Abo, thst wMrwa ther~ b a nfKeno~ bi th~ awrna+~s and aprMnwnb Mnin oom~wd b~n~r of
, pwties Iwreto, th~ ~aer~_aFwll be constrund ro mean as well as the htin, byal rpresa~tNiws, woasson ~nd ~tNprr (~i1h~r vohxM~ry bp ad of f!N
' K?parti~s a kwduntary by operai'an of the I~w) of tha sarae and th~t tM cowrwna hs~ein comainad ~MII bind M+d th~ Mrwfits and advMMa~s bw?~
the n~p~ctive Fwirs, k9+~ ?~P~„e++tstiws, waeason and sss~yro of tlr partia lwrNO.
Md said Mwtypon, for tF~se?selv~s ~nd their 1~ein. k~+l repraem~tiva, successon ud +s~ipro. h~rebll 1~~Y and awK~lly oov~~t and ap?s~
•nd with the wid MORTGAGEE, its wusswn and ~ssiptu:
1. To piy ~fl ad sk~putar tM prindpal and intaest and th~ varian ~nd wndry wms of momy pay~bb bp vktw of said p~anis~ory na~, and tN~
mortpay~• wcb and wuy. WomPrly on tht days rap~ctively fh~ sanw wv.r.tiy bscan~ dw.
"r~* 4. To pay all ~nd w~pular the tax~a, ~sun~nn. Iwi~s, liabilit'Na, obliy~tions and ~ncumbrancK of ~wry mtw~ and kLid now on wid dMCrib~d
PrOpNtY~ W t~N1 ~NfNfiN eNy bf in1p0~~, l11EfK~. pIKld. Itvil~, Of ~f/~/!d fhltpfl. Of 1~M1 ~MfMftM 11Mr p M~MMd IIPOfI t~lk ~Of1~
. Of ~M ~fl~bf~fMf~ fKLf~ ~IKl~. laC~1 M1d ~vlfr• W~IM1 dU~ afld Piyi~~. aOGOf~llf~ 10 ~YY. ~Ot~ }~Ny bKO1M ~~flq{I~f11• Mld bff'Of'~ M~y (IINfMI
~tlws p a~yr pen~lty b inaxred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHALL 6E PROINPTIY SATISf1E0 AN~ D15CIil1RG~ Of
~ ANp THE ORIGINAL OFfItIAI OOCWYIENT (SUCH /lS, fOR INSTANCE, THE TAX RKEIPT OR THE SA715iACT10N ?/VER OFFICIALLY EMOORS~
CERTIFIEO) SHAII SE PLACED IN iHE HAN06 OF SAID MOftTGAGEE WITHtN TEN DAYS NEXT AfTER PAYAAENTJ ~nd in th~ rwM th~f any fl~~oi N ~ot
paid, sat:sfied snd discharyed ~:d MOR1GAGfE ma~ at any timt pay If» s~ a any parf theteof without waiviig ot affKfirg any opfion, IIN~, ~qyity p
•iqht w~dn or by v'atu~ of this mortpay~ ~nd th~ full amw,nt of e~ch and every wch payment sh~ll be hnrnad'Ntely dut ar+d payabb and shal) b~x 1nfwM1
~om the d~te thereof until psid at ra~~ oi nint per cenrum per ~rvwm ~nd royether w~th wti~ int~resl ~hall be wcwsd bp tM lie~ of th:s maplpe.
~ .4.+~ .