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ach inslallment iirst shall be appli ~n payment of the interest and then on the u aid balance of the principal sum. If defau:i is in ths
pay ent ol any installmenl when due, a~ such detault continues 30 days, thco at the opY n of the holder, and without any notice, all the emaining
i allments shail be due and payab:e once. Privilege is g~ven to prepay this ~ote in w le w in patt at any time without n~lty. NaitFu? t bearsnte,
nor accepta~ce by the holder ther afte~ any default in any paymenti hereon, shatl deemed extensio~. A late payme cbuqe of i sMll be
added to each ~nstallmcnt remai ' unpa~d 7 days after ls due date, and a I~ke su hatl be added ~o each such instal t remaininy unai 7 days affer
each svcceeding paymen~ dat
Each maker, surety endorser hereof, jointly and sevenlly, waives de nd, p~esentment protest a~d not' of protesf Uw nonp. t, and fuAher
agrees ro sny extension time of payment, eit'ne. oeiure o~ aiter mslurity, wi~' 1 no~ice Io a.iy ot us; and t pay al! rsts of tC! ion, inc!•,td3nQ e
reasonabk attorney's e in the event of an~ default hereunder, and hereby rcrally waives all beneiit of stead a~d exemplion 1Fw tw+stifution
and laws of each te of Ihe United States, as againsl th;s obiigation a an extensio~ w renewal hereof.
Witness hand and xal of each party.
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ts - - 18 400.00
NOW. THEREFORE, the MORTGAGOR fw fhe purpoae of securing ps~ment of ssid wm of = ~ and the pe~formsnce of tM
covensnri and spreements hersinafter expressed, and fot d~vers good and valusble considerstions, by these p~ese~+ta, does gr~nt, bsr~+in, sell, remiie,
, relcase, convey and confirm unto ~he MORTGAGEE, its successors and augns, aU that cenain bt, pece or pucel of bnd, situate, lyinp, and beinp in fhe
~ Counry of $t'. ~1Ci@ ~~d 5tate of Florida, dewibed u fdlows:
~
I "
The East half of the Sauth 129.6 feet of the North 259.2 feet of Block D in
MARAVILLA GARDII~IS SIIBDIVISION of Fort Pierce, Florida according to plat recorded
in Deed Book 94, at page 97 of the Public Records of St. Lucie Countg, Florida. ~
This is a corrective mortgage designed to correct an erranious legal description
appearing in that certain mortgage dated October 21~ 1976 and recorded in O.R.
Book 259, page 672, af the public records of St. Lucie Caunty, Florida, and upo~n
~ 626 ~
v de ced recei t No. 2 .
ible tax has been id as e i n ? 9
Which int ~Y P
; ~6 Pa
By agreetnent of Hortgagor and Mortgagee on file xith I~iortgagee, the within.
mortgage secures not only an existing indebtedness, bnt also ADYANCES to be
HEREAFTEft made by Mortgagee to I~rtgagor the aggregate of-xhich ~ill equal
j the principal amaunt specified in the promissory note secured hereby.
I : ~ ~!J~Y""°"
! ~
i t~p~ IN PAYMENT Of TAXES
~ ~ a~ ~ It1~ANG~gLE PftiSilN'~L P'+0?ER(r,
~ pU~5lI11NT TO CFW'TE1t 71•134. IYCTS Of ly/1. ~ K Q
i R06ER POITRAS
i q~pK CUCUti CWIRT, Si. WCIE 00, FlA
f
~
f
f together with •II and singutar the tenements, FKreditament: ar+d appurtsnces thereunto belonyinp or in anywi~e ~ppe~t+inirp thereto, and ~II ~tnb, iss~es,
; proceeds and profits xauirg snd to acvue from said premius, all of which are induded in tFw above and fore~anq descripYan ~nd habendum.
' TO HAVE ANDtiRe1~~ the ~bove described and gr~nfed premisls Vnfo tf» said MORTGAGEE, its succeswrs ~nd ~ssgns forev~?. Md th~ aW
~ AAORTGAGOR fw - hein, executors, ~dministratws and assigns, hereby coven~nn with the sak! MORTGAGEE, its urcc~swrs ~od a~slpro,
! they are _
that - lawfully uiud of the said premises in fee s'unple; that th~ ssme +re free, ck~r and dixharped from ~II liens aod ~ncun?
f
brance~ in law a in equity, and that t~y will ~nd th@~ heirs sMl) wuwnt snd defend t!w titl~ fo tl» sartw to t!~ said
MORTGAGEE, iri successon and assigns, (orever sgainat the lawful claims and demands of ~II persom;
PROVIDfD, AIWAYS th~t if the MORTGAGOR ~hsll pay ~nto the MORTGAGEE the promiasay ~ote hereinbefwe dewibed ~nd ahall truly, promptlq
and fully perfwm, d~uh~rge, execute, compkt~, comply witl? ~nd ab'de by each and every the iYipulatans, preements, conditiom ~nd to+r~nanb of said
promissory note and of this Moregaye, then this Mortgsge ~nd the Estste hereby ueated sh~ll tease and b~ null ~nd wid.
IT IS UNDERSTOOD tMt tlx word '7Vlortgayor' whether in the sinpvtar or plwal ~nywhare in this Mortyap~, shall b~ sinpulu if on~ only ~+~d
shall be plural joinfly and severally if more thar~ one, s~d fMt tF~e word "theii' ~s used snywhere in this Mortp~e shall be taken to me~n "ha;' "hen,"
or "in;' wherever the conte:t so implies a sdmits. Aiso, that wF~erever there is a ~eferenu in ths covenu+n and preemenb I+~rein oontained to ~ny of
ths parties hereto, the isme sha11 be construed to mean as weii as ti~e nein, ip~i r~presem~river, s~ccesson ~nd assiy~u ieitnw .roiwrt~ry bp ~ci oi ii»
, psrties w invot~nt~ry by operst'an of the bw) of the same and that t1~e covenanb herein contained sh+ll bind and tha bernfin and advant~~s i~wx~
~ to the respective heirs, kyal representetives, succeawn and au'gru of the puties hereto.
4~~ And said Mwtga~on, ior tF~emulves snd their heirs, leyal repretenutives, sucuswrs ,and suiQns, hereby jointly and ssverally coven~nt and apr~e
r.,,,3 to and with tha s~id MORTGAGEE, its wueuors and suigns:
1. To pay all and singular tFM princ;p~l and interest ~nd the vsr'aus and s~ndry sums of ma~ey paYable by vimrt of said promissory note. ~nd this
~ mwt9age, each and every..promptly on rhe days respectively the i~me sev~rally becan~ dw.
. 2. To p+y ~11 and ~inpular the uxes. ~s~essmenn, levies, liabilitiss, obliyations and erKVmbr+nces of every Mtwe a~d kind raw on said d~wibed
property, a that he.eaftN may b~ imposed, s~ffe+ed, pl~ced, leveed, w~skssed tl+ereon, a th~t here~ft~r may be levied a a~sassed vpon this MoA¢
~ye, or tM indebtednesi ~ecwed Mr~by, e~ch and wery, when dw ~nd pa~abk, sccordinp ro bw, b~fae they becom~ d~linquent, aid befon any imereat
~ attaches w any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAMf SHAII sE PROlNPiIY SATISFIED AND DISCHARGED OF
RKORO AND THE ORIGIfYAL OFFICIAI OOCUINENT (SUCH AS, FUR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OffICIAIIY ENOORSED
~ OR CERTIiIED) SHAII SE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the event tMt any therwf k not
paid, sat'sfied ~nd diuharged sa"d MORIGAGEE msy at an~ time pay tF~e i+me w u+y p+~t thereof without waivinp or affectirq any optiw4 lien, equify a
.pht under w by virt~e of this mortgage ind the full amount of eaci~ and ev~ry such paym~nt ~hall be immediately dve and payabk and shall b~ar intKett
I ~rom tM date thereo( unril paid at rate o( n~ne per centum per annum and together wi?h sucF~ interest shall be secured by the lien of th:s morpNp~.