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HomeMy WebLinkAbout0038 ~ . . ~•~er,ts ,~s - S . . c~ the de of 19 _ ~ y . _ and a Gke sum on ~he c rcspond~ng day of euch monifi ert- aetrr w~ti! rn~ ,nho e ±;r !vlly ;;a:d. ~ - i Each jnsrei~.~,,•n+ (r.r s1+a1~ oe ~i,pt~.' ;n paymeni of ~he inro:~•s~ anc~' rhen on ~he ur+paEd balance ot the pr c•pal sum. I( delaulf is ma in fhs { a~rr.rnt of~~~~y [nsr;':~.,rn? ,ni~en dve, an wcn ~3.~feu!t cc,~~~;::ues ]0 days, hen a! ~!x apt.,n of the ho~de~, and w out •ny other notice, all tF+e r maining ~~~ua1lmrnr~ ahou be d.,e an~ ;>ay.,~~r ai o cr. Pnv,:eg~ +s givrn to prepay~his note in whole or in part at any tim wi~hout penalty. Neithe~ ta a~~nce, nor accept nce by the ho~der tnereof at~e any d~favlt in any paymeMS hdfeon, shal! be deemed e~te~s~on. A lat paymer~t cMrye of s_ , shall be +:id•rd ro ~ch insta!i~;ir~:t rert~eining unp :d 7 d~ys afre+ its due da!e, a a like aum sF~etl be addrd to each suc insrallment ~ema~ning unpaid 7 dayt after rach succ cdlr.g p,~ymtnt dste. Ea h maler, s~r.~ry ,nd endorsr~ hcreof. ;o~nt?y and sevu~lly, vve es demand, presentment prosest and n tice of pro~est iw nonpayrn~M, and further eqrees ro any e;i~nron oi ~~~~•e o4 pa,.~ ant, cr,h,•: k„~!ore o. afrer maTUr~ wi~hout not~ce ~o any of us; and o pay all cos~s of collection, inc:ud:ny s ~:o:~ab a~ro~n,y s fer !ne e.~~~+ ! eny dr}au~t h~reunder, and he eby aeve~ally waives all benefit oi ho estead and exemp~io~ under t eonstitutan ,:1 t,~w of eath S~ore ef ~he Un,~ed ares, as aga~nst this obfig~fion any c~ctrnaion or re~rwal hereof. rtness the hand ond scu ci ach party. (SEAL) ' • (SEAL) ' (SEAu . - - --3 S+ate Re enve , ~A~~ S~am s cencelled on original note NOJY: THEREfORE, ~he MORiGAGOR for 1~1! p~rpOf2 OF secur~ng payment of ss~d sum of j 30~ 4~.~ ,~nd the pe~fe,,,,snce of th~ :orenanta ard ag~ecr.,ents here~naher express~d, and fc,r d[vers good and vsluabte tonsideratwns, by these presents, does 9rant, baryain, tell, remise, r.:~ase, convey ard ~ont;rm unto the H10RIGAGEE, :ts successors ar.d asaigns, all that censin lot, piece w parcel of land, sitwte, lyin9, and being in the ~ Co:,nty of St . WCie and Stare of F4or:d~, desvibed ~s toltows: ! I.ot 19, Block 535, PORT S7. WCIB, SE~CTIat 10,. according to the plat ~ thereof on file ie Plat Book 12, Pa~e 49, Pubiic Records of St. Lucie ' County, ~lorida. ~ ~ BY agree~ent of Moxtgagor and Moztgagee on file with ~ Moztgages, the withi~t aortgage secnres not only an i existing indebtedn~sa, but slso ADVANCBS to be HBRB- AF7BR aad~ by Morte~aqse to Mortgagor~ the aggregate _ of which M322 eqnal the prir~cipal a~onnt specified in tbe pro~iasory note secured hereby. This is a corrective aortgage desiqned ts-correct an ezroneons legal description appeazing in that certain wortgage dated Novesber 23, 1976 and recorded ie O.R. Book 260, psge 2248, of the pnblic records of St. Lucie Connty, ~lorida, and upon which intangible tax has been paid as evidenced by receipt No. 313880. Z--~ IN PAYMEKi OF TAXES OUE ON CUISS'C INTM161B1E PERSQNAI PROPERry~ PURSUAMT TO CWIPTE!4 71•131. IICTS OF 9/1. ROGER POITRIIS CLERK CIRGIIT COURT, Si. LUCIE TC~E1Flef w~sh atl and singular the tznem.cr,':, hered+tamenrs and app+l:tences thereunto betwg~ng w in •nywise appeAaininy theteto, and all r~nb, itsws, :;rxeeds a~ prof~ts accruinq and to accrue fran ~aid pte•t•:sr~, all of whicfi are included it~ tF~e above +nd fore~oirg description ~nd Mbendum. TO HAVE AND TO HOLD the above dasv~bed arxi grtnted prem~ses unto the said MORTGAGEE, its wccessors and auiynt fwever. Md t!r said their '..ORTGAGOR for hd~s, executo.s, ad~r.inistratws and assigns, hercby cov~nsMS with the a~id MORTGAGEE, iri succtaw~s and auip~w, ,Fat -tfie~r-are--- ,avvf~~;y ae:zed o'. :6e said prcm~sci ~n ~ee simpie= tFiii the same •re irie, ~kar and discharyed fran ~ITieru- ~ncuR?-- o.anses ~n law or in equ~ry, and that_. the~! _ w~;s and thefr he'us shall warrant end defend tlx title to tM sam~ to th~ wtd '~10RTGAGEE, its successors and ass~ns, forever ey~ains: ?he lawful claims and demands of all peraw~s; PROVIDED, ALWAYS that ~i ~iw tl~ORT,raA~R shs:! pay unto the MORiGAGEE the promisw?y note hereinbefws described ~nd ahall truly, promptly ard fulty perform, d~scharg., e~ecure, compEefe, comply ~r;th and abide by escfi and every thr stipulat~ons, sgreeme~b, co~ditions and coveMny of said p~o~*+~s~ory note snd of ~hn Mortgage, ~~~er~ this Mwtgage and the Estate hereby created shetl :esse and be null and wid. ~ IT IS ~1NVik5~t~D ~Hat the word "Mortgagor" wherher in the singular w p(urei •nywhere in ihis Mwtgage, shal) be sinyvler if oek oniy ~nd sha" ,`,e p:-:-;1 ;r~intly sr.d severoily if r.wre thsn one, and that thr word "the~r" as uud anywhere +n this Mortgage thall be faken to mean "his;' "htn," ~r "its," v,herever she ce~rex~ w' sp:ees or edmits. Also, that wherever there is • reference in the covenants and ~yreementi herein contained to any of t~e ;:~=tles Fi•etc, the same ~hati be corutrued to mea~ as weSf as the hE~rs, kyal represent~tives, :uccessors and ~sziyns (either voluntary by ~cf of tM aart:cs o. ~n:~l~nta:y by opera:wn o( the Iawi of the same and that the <ovenants herein contsined shall bind and the benefit~ and advaMSge~ inun to the resF;etlrve re~rs, legal reprecents~ives, succeswrs and ess~9ns of the parties hereto. ~ A~~d sa?u //.crtgegors, fw thems!Ives and their he~rs, legal rep~euntetives, fuccessors and attiyns, hereby jointly and saverafly eovenant ~nd ayr~e M :o anti wirh the wid MORTGAGEE, its svcceswrs and assigr~: 1. To pay al! and singular the principat and interest and the various and sundry sums of money payable by virtue of said promissxy note, and tFjis orryage, each ~nd every, promptly on ~he days respect~vely the same seve~ally bxome due. ~ 2. To pay •I~ and s~ngvlar fi•.r ta~es, assessmenta, levies, liabilities, obiigstiorn s++~ encumbr~nces of ~very nalure a~d kind now pn s~id described oroperty, or that hereaiter may be impo~cd, svffered, placcd, levied, or assessed fhereon, o? that hereafter may be leyied ot uusted upon tF?is Mort¢ age, o~ tho indeb~edn!~ss aecvred hereby, exti and every, when due and payable, xcording !0 1tw, befwe they become delinquent, and belw~ u?y interett a+ttthet or any panefty ~s incurred; AP~D IN5/3fAR AS ANY THEREOF IS Of RKORD IHc SAME SHA:L BE PROMPTLY SATISfIEO AND DISCHARGED OF RzCORD AND THE ORIG'KAt OfFICIAI Od~1i~1FN1 ~SUCH AS, fOR INSTANCE, THE tAX REGEIPT OR THE 5+1TISFACTION PADER OFFICUIIY ENDORSEO UR CERTIFIED) SHPLL BE PIACfU IN TttE iiANJS OF SAID MORTGAGEE WITHiN TEN DAYS NEXT AFTER PAYMENi; snd in the event Ihat a~y thereof is no1 ;~a~d, sar"s~ied and d~schargrd sa"d MaP,TGAGEE may ar any t~me pay the same w any ~rt thereof without waiving or •ffecting any opt;p~, lie~, puify p ••qht under w by vhtue o1 Ih~s mo~tgage and the full amount of each and every such paym. enl shall t,e immediately due and payable and shall bear inie~est ~rom rhe date ~hereof u~ht pa~d a~ ra:e of n;ne pe: tentum per annum and together w:th svch =nterest shall be secured by Ihe lien of th's morgta9t. ~ ~:r : . _ . _