HomeMy WebLinkAbout0651 - ~,~R-~~~~, ~oR~cACe ~~~EiE~if ;_l
TPIIS INDENTURE, Mad~ the 21 S t J day of 'June ' _ A.~. 19 76 b~twMn ~
~ierber t S. fidxards and Dorothy Bdwar~ . his vrife ~
aE ~t' ~"uC~~ Covnry Fiw~d+, Mreina(ta~ deignated as 1he "MORTGAGOR." •nd FIRST FEGEk.4l SAVINGS AND IOAN ~
ASSpCIqT10N OF FORT PIERCE, • capaation w9ani:ad ar+d a~~s~~ng under the taws o( tM Un~ted St~e~s of America •~d haviry in ~incapsl pl~p of
bu~~ness in ~M City ot Fwt P~srce, St. Luci~ County, Fiorid~, herein~h~r desipnat~d a~ th~ "MORTGAGEE."
WNfREAS ths MORTGAGOR is ~utNy indsbted fo ths MORiGAGEE in the sum of ;_S ~ 6~ ' good and lawful mon~y of the United
Siatet ~dwnced by ii~r it~£ivAv£C u:~t~ t~.e ;;ORFGACs^R, ss cY:~nced by a te•!:+~ p.pm„ynry note of even da~a he~ewuh, of whlch the followi~p in
=~d~~r~i~igy~qt e true copY. ~o-W~r ~ 11000434
~~v V() ~
Fat P~e«., Fia~a., June 21 ~ ~v~6
For value recerved, 1, we or eitAer of u~, promise to pay, withWt defalcation, to +he o~der of flltST FEDERAI SAVING$ AND IOAN ASSOCIATION Of
FORT PIERCE at forf Pierce, Flo~ida, the sum oF j_S ~ 60~ . OO _ w~th intcreit from date at the ?ate of 9'?~e per annum, in monlhly instslb
~hen~s as foV.ows: S___.117• on iF,e2~th day af Au9uSt { , ~q__76 and e lik~ sum on the corre~pooel~ng day of each month ther~- i
after urvil the whole be }ulfy pa:d. ~
Each instaf(ment iint shall be appl~ed in payment of the intert~f and then or~ the unpa~d balsnce of the ptinupal sum. If defauh is m~de in 1M
;:ayment of any inarallment when due, and such defautt continues 30 days, then ~t the opt~on of tha holde~, and without any other notice, all 1he r~rtwinin~ ~
~+~s~atlmentt sha~l be d+,e and payab:e at once. Priv~lefle is given to prepay this note i~ wFale w in p~rt at ~~y t~me without penalty. 5he~f~abeir~ncs,
~or acceprance by fhe fw(der ~he~eof after any de(auit in •ny p~ymenls hereon, ihall be dea~ned exteRSion. A Is~e paymeM cF~arpe of = ' , sh~ll bs
added to each inaratlment rcmaining unpe~d 7 days ~ite? ita due date, and a li+ce sum shell be added to cach such instalimem remaining unpaid 7 dayt aher
each sucteeding payment date.
Each maker, :urety and endorse~ hereof, joinily and sever~lly, waivea demand, presentment protest and noeice of prorc~t fp r~p~payment, •nd funlwr
agrees to sny exlension of t~rne of payment, either before w aiter maturity, without not~ce to any of us; and to pay all costa of tollection, includirg a
rPaso~able a~torney's fee ~n the evcnt of •ny defautt hereundrr, and hereby severa!ty waivcs all benefit of homestead e~d exemptio~ under the conttitwlo~t
~r.d tew: of each Srare of ri~e United Srates, as aga~nst this ob7igrtion q any extens~6n or re~ewal hereof.
Witne:s ihe hand and seal of exh party.
S/ Herbert 3. fidMards
_ , csEnu
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oro y war s ~
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NOW, TNEREFORE, the MORTGAGOR iw tF+e ur S bOO. OO
p pose of sccuri~g p~yment of said sum of = ~ and tM p~rFormance of tl+~
covenants and s~reemcnts hero~nafter expressed, snd for d~ver~ flood aod wlwble coni~de~ations, by llus~ prssenb, doea p~~nt, bsrqsin, se11, remiss,
rrkaae, convey and coniirm un(o the MORTGAGEE, its successors and aasiyn~, •II thaf ceruin bL piec~ or pucel of land, iitwte, lyinfl, and btinq in 1M
Covnty of S~ . Lucie Stat~ of florida, de~uibed /ol~o~ws:
Lots 11 and I2, Block 135, PORT ST. LUCIfi, SFC2TON 27, as per Plai thereof
on fi le in Plat Bc~~ic 14 _ ~age S A- I, accordinq to the pnblic records of i
St. Lucie County, FZorida. ~PF~~~~~ , ~~f~j>- (o„3p -/6/9 l.~pa/3
1~E Qfitr • 37~ d` ~.3a 7/C~ ~ GG/3
By agree~:ent of Mortgagor and Mortgagee on file with the !?~brtgagee, the
within mortgage secures not only an existing indebtedness, but also ADVANCES
to be HEREAF?ER made by Mortgagee to Mortgagoz, the aggregate of which xill
equal the principal amount specified in the promissory note secured hereby.
This is a corrective martgage designed to correct an erroneous legal '
description appearing in that certain mortgage of even date herewith
recorded in O. R. Book 253 page 2899 of the Public Records of St. Lu~ie
County, Florida, and upon which intangible tax has been paid as evidenced by
receipt ~265857 .
RErEIYfD ~ 1N PAYMEMT OF T~XE~
DUE OM CIASS'C {11TN1GIilE rERSi~kAl PW?ER~r.
P~ ~p q~p~fER 71-13l. ACTS GF 1f1/1.
~BER P011MS
a.E~c ewe~+rr oeu~, at. ~ oo, Fu -
rogerhe~ with sil and singutar rhe tenemenn, herediramenr: and appurtances llu~euMO b~lw~pinp or fn snywiH ~ppert~inirg tMrtro, ~nd dl renri, btw~,
proceeds and prof~ts ~ccruing a~d to acuue from ssid prem~ses, all of which ~rs irxluded ie~ th~ abov~ ~nd fweyoinp d~scription and Mb~ndwn.
TO HAVE AND TO HOLO the above desaibcd and yr~nted p?emises unro tFw said NIORTGAGEE, its s~ccessors and ~tsipns forewr. Md tIN saW
their
MORTGAGOR for hei~s, executon, administratora and assigns, he~eby covenanb with fhe s~id MORTGAGEE, i» suct~asw~ and ~ssiprr,
that Y------ lawful! seized of the said
the are Y pr~;~ i~ fa~ timple; that tht ~ams ue frs~, cleu and diuhar~ed from aN tt~ru rnd ~
brancet in Isw o? in equity, and that they w~~~ their ~~n sMll w~ri~nt and detend t}K titM to tM Hm~ to iFw said
MORIGAGEE, its successws ~nd assigns, fweve~ ~yain~t the lawful cl~ims snd dema~ds o1 +11 persom;
PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE th~ prom'iuwy not~ hereinbefw~ desuib~d and thall ttuly, promplly
a~ fully perfo.m, discherpe. ~xecute, complete, comply with snd abide by each +nd every th~ stywiafion~, ~prqm~nts. ~.pr~ditiory ~nd oovaynla p( aai4
promisaay nor~ and of ihis MwtgaQe, then this Mwtgaya ~nd the Estate hereby ve~ted ihsll uaN snd b~ null and void.
li IS UNOERSTOOD 1Mt the word "Mortys9w" whether in 1M ~7ngular or plwal anywher~ in this Mwt9aye, ihall b~ sinpula i{ on~ only and
ihall be plural jointly and uverally if mwe th~n or~, and th~t the wwd "Ihe~r" as uud ~nywhtr~ in this Mortppe tfNll b~ b(cen to mean "his,"' •'INrs,"
or "its." wherever the conte+t w implie~ or admits. Al~o, that wherever there is • rtf~r~ncs in tM tovenanri and apr~em~nb hn~in ppnfaiMd t0 any Oi
fhe p~rties ner~to, the iarrN st~ell bs consrrved to mea~ a~ wetl ai tM hein, leyal r~esent~tives, svcces~o?s ~~d ~uipru (~itFw volunury br acf of th~
p~.ties o? invotumary by operatan of the I~wf oi the same and tM~ ~he covenann herein contained shaU biod aed tl+~ bsnefib and ~dv~ntap~s irw~M
to the respective he~rs, leyal representetives, succe~wrs aed ass~qns of th~ parYies hereto.
And said Mor~ga9wa, for rhems~tves and their hein. 1~~I repr~sem~riva. succeuon and suiyns, hereby joinNy ~nd ~eva~lly eovenant ~nd apr~
p ~ to and with tM uid MpRiGAGEE. its succcsaors and ~uiy~s:
1. ?o p~y all and sinyul~r th~ principal snd interest ~nd tAe v~rious and wndry soms of mon~Y paYsbl~ by vi•tvt of sait! ppmissp~y npt~, and thit
:r mortysye. each •nd avery, promptly on ~ha days respectively tM iam~ kvtrally becane dw.
2. To pay •II and ~i~ular tF+e uxes, ~ssessms~t~, levies, liabilities. obliyatiaa ~~d tncun+br~~xes of ewry rMtur~ ar~d kind now p~ Nid d~q{bd
wop~~tY, w that here~fter may b~ 7mPe~ed. wffered. pl~ced. (wied, w~uessed thereon, a tMt her~after may b~ twi~d or uaess~d upon fNt Nlprtp.
~ p~, a fh~ ind~brsdn~ss ucured hs.~bY. ~ach e~!A WNy, wFwn due ~nd payab{e, accadinp to law, b~fw~ tMy becoin~ d~{irpv~nt. ~nd be(a~ My MM~r~q
~ air~ches w any penalry is incu~red; AND INSOfAR AS ANY iHEREOF tS OF RKORO THE SAME SHALL dE PROMPTIY SATISf1ED AND DISCHARGED OF
RECORO AND THE ORIGfNAI OFFfC1Al OOCUMEMT (SiKH AS, FOR lNS1AhCE, iME TAX RECEIPT OR THf SATISFACTION P/1VER OFFICIALLY ENDORSED
OR CERTIFIEO) SHAII 6E PIACE~ IN THE HANDS OF SAIO MOR~GAGEE WITNIN TEN O~.YS NEXT AFTER PAYMENTj aod i~ tht fvent fiut ~ny 1FNrpf is no1 '
pa~d. sn"zf~cd and d~sch~rged ss d MORTGAGEE may ~t •ny ume paY the ~ame w any p~n thsreo/ witlwot waiviny w affectirq sny option. 1ith, pvih ar
•.pM under or by v;rrue o! this mertgspe and the fvll smount of e~ch •nd every such payrrwM shall be immediat~ly dvt ~nd pay~bl~ and ihal) b~p intN~st