HomeMy WebLinkAbout0009 w
;
5
~
;
r
~
~ i
• r
{
~
C
a s
t
~
E
~
. +
Fayment o~ any msiai:ment ren aue, ana wcn oc~aun cvnnnurs oays, rnen ar er.e up~rv., u~ .~rr nvwr., wu~nx,~ v...~~ .~.....o. o.. ....,,.....y
~nstallmrMS shai! be due an payabir at once. P~iv~lege is g~ven t prepay this note in whole or in part at a tims witMuf penalty. Neither f bearuK~,
~w accep~ance by the hoI r therroi a1te. any default in any pay ents hereon, shall be deemed extens~on. late payment cMrye o~ , shall bs '
added to each in~~attment emsining vnpa~d 7 days afta its due le, ~nd s iike ~um shell be added ro eac such ;n~taUment rtmaininp uepaid days afte?
esch succrrd~ng {»Yrn~ro date. '
Each maker, sure and endoraer herrof, join~!y and sever ly, waives demand, p~csentment proteat notice of protett for nonp~y t, and furthe?
egreea to any eatenswn f time of paymeN. either betore or afte maWrity, wifhouf nofice ~o any oi ~es; nd to pay ail cotts of tolieati , includinp •
reasonable attorn~y's f in the event oF any defauit hereundrr, and hereby severa;ty wa~ves all be~efit homestead and exemplion under !fe constitutiw~
and Iaws o( each Stat of the United S~ates, as agains~ this obl~ ~ion o~ any e,ctension a~enewal hereo k
Wi~ness the h and seal 01 each party.
(SEAL)
~U
F101fY, THfREfORf, the MORTGAGOR fov the purpose of securing p~yment of ssid sum of = 2+~~~~•~ end tM performance of flw
covenants and apreemenei ;xre~nafecr espresied, snd fw dtvas 9ood and vaiwb!e consid-.atrorts, by thes~ presenty, do~s grsnt, barp~iq sel~, remite,
relea~e, convey and conf~rm unto the MORTGAGEE, its iucceswra and augns, •N that cert~in lot, piece u pa~tal of lu~d, sifv+te, lyiny, ~nd b~itg in tM
County of St . I
uCit-' - ~nd Stare o} F~widi, descr;bsd ~s foliows:
Lot 1, Block 3, CARDINAL GLADES SUBDIVISZON, according to the plat thereof on file in
Plat Book 11, page 14, publi~ recotds o:' St. Lucie County, F2ori3a,
- -~y agree~+e nt of Mortgagor and M.ortgagee on ff le xith Mortgagee,
" the irithi.~ mortgage secures not only an existing indebtedness,
but also ADVANCES to be HERF,AP'TER made bq Mortgagee to Mortgagor
the aggregata of which Will equal the principal amount speci£ied
in the promissory note secured he reby.
This is a corrective mortgage desi~r?ed to correct an erroneous
leba2 description appearing in that certain tnortgage dated
December 1, 1976 and recorded in 0. R. Bock 260, page 22l~2, of
the public records of St. Iucie Caunty, r^Iorida, and upon which _
intangible tax has been paid as evidenced 'oy receipt No. 313878.
_ RECEIVED i-~'=-- - c~ i.wcE~ .
QlIE QN CU1SS'C INIANG19tE ,:"::L ~ i'0.'ER~~,
PURSIIRNT TO CFiM'~ER 71-13l. ACtS OF 191~.
ROCER POITfGS
~ CI.ERK G~1!(I G011RT~ ST. WCIE 00~ fU1.
' toyNF~er with all and sinyular the teneme~ts, hercdiuments and app~utsrRes~fwrlvnlo belaqinq a in anywi~t appert~ininp fher~ro. ~~d ~il renH, awes,
proceedi and profits acuuinq and to ~cvw from said premise~, a!! of which ue induded in tha ~bove aod for~oug dewiption u+d habendwn.
10 HAVE AND TO HOlO rhe abo,.e descr~bed ~nd yr~need prem~ses umo ~M s~id MORTGAGEE, in succeiwn ~nd sugns forevK. Md th~ said
MORiGAGOR fa heirs, executas, adminatr+tors and ass~gru, hereby cover+snts with ths ~aid MORTGAGEE, its ~ucusaon ud ~s~ipn,
+hat ~-a~ - lawfully se~:ed of the said prem~ses in fee simple: that the same ar~ fr~e, clea~ and d'acharyad fran all Ikm ~d a~n~
brances in Isw a in equity. ~nd tMt th~'y will and th~ hein. aMll wurant ard d~I~nd t}N fitl~ fo th~ swn~ to tl» wid
1NOttTGAGEE, its s~ccessors and ass~gns, faever ayair.st the lawfvl ctaims ~nd demandt of efl per:p~s;
PROVIDED, AtWAYS that it tha lKORiGAGOR sMll pay u~to the MORiGAGEE tt~e p~omissory aore hereinbefo?e dturibed and sh+il nuly, promptly
snd (ully periwm, d~schuge, ex~c~tv, compk~e, compfy with snd abide by each and evdy the ttip~l~fions, spreern~nri, cQe~ditio~a ~nd oovenanb of said
promessory nete and o~ this Mortgage, then this Matg~ge ~nd the Estate hereby crt~ted sMll u~s~ and ba nvl) and void.
IT IS UNDEASTOOp tM~ the wwd ••Morrgaga•• whether in the t~ngul~r or plwal anywher~ in tha Mortpaye, sFull be sinpul+r if on~ only ~nd
shall be ptvr~l joinfly and severalfy if more than one, and tM~ the wwd "their" ~s ~sed u~ywf?trt i~ th;s Nbrt9a~ sMll be taken lo me~n "his:' "hen,••
o. "its;' wherever the cantsxt w implies w ~d.~~ts. Atso, th~~ wherever tbere is • reference ~n ~he cw~en.nn .~d a~r.emenn her.~e e«?raf,ud ro~ny of
tM p~~iies he~eto. rhe tsme shaN be cau?rued ro mean ~s well ~s fhe heirs. 1eys) rtpresenratives, succetwn snd auiyM (~ither volunt~ry by ~cl of th~
oQp p+rties a involuMary by operation oi the Isw) of the ~ame and thaf the covenants herein conUined shalf bind ~~d tM benefib ~nd ~dvantapp inw~
o~ to the respectiva heus, leg~l repreuntatives, :uccessas and ~svyns of ~he psrt~ts h~reto.
~ Md uid Mort
R3 9apor~. fw themselves ~nd thti~ hein, teyal iep~esentat;ves, successws ~nd ~uipnt, hereby joimly and s~verally covenaM and pnt
~ ~o and with tM said MORTGAGEE, 7~s succsss.xs and sui~ns:
i. to pay ell tin~vlar thf principsl snd imerest and the variovs and sundry sums of mo~eY paYable by vutw of uid promiuo~y not~, and thii
maty~. ~ach ~nd every, prompNy on tF~e days reipect~vely ~he iame sev~nNy becorrK due.
~ 2. To p~y aU and siigvla? the t~xes. ~ssessmenn, fev~~~. liahilities, oW;pnioru ~nd encwn6r~nces of svery n~twe snd ki~d now on said daaib~d ~
,.~n p~ootrht, w tMt hereafte~ may b~ impo~ed, suffe~ed, plKed, kvied, w~wssed thereon, or thst hercafter may be kvwd w uiessed vpai thb 1Mort~ ;
pe, or tM G+debt~dness secvred hereby, exh ~nd ~very, when dw and payabte. accordirg to I~rv, before tlwy become d~finqveM. ~d b+fa~ any intknt
+~taches or any pen~lty is inturced; AND INSOfA~ AS ANY iHEREOF IS Of RECORD THE SAJNE SFV.II 6E PRON1PTtY SATISFIEb AN~ DISCHARGEO OF ~
RECORD ANp THE ORIGINAL OfFIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, TME TAX RECEIPT OR THE SATISFACTION PAPER OffICIAtIY ENOORSfO '
OR CERi1ftE0) SHAtt BE PLACED IN THE HANDS OF SAlD MORTGAGEE WITHIN TEN DI!YS NEXT Af1ER PAYMENT; ~nd i~ the ewnt th~t uryr thaeof a not }
~ p~id, sat'sfied and diuhsrged sa:d MORTGAGEE may ar any time pay the same w any part fhereof without waivinq w affettinp ~rry option, litn, equity or {
•pht ur+der a by v~rtue of thi~ mo~rgsye and the fu~t amount of each and cvery suth Fayment sh~il be imrtxdiately dut and payabJe ~r+d shall b~ar intere~t _ -
~+om the date thereof un?il pa~d at r~te of nine per centum per annum snd togetht~ w~th ~uch interest thall be secured by the lien of th:s morpt~. i