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HomeMy WebLinkAbout0041 t " ' _ `o p... ....._v..y ~•"~~:is as fot:o,s:`S on thr dar of _ . s9! _ and a 11ke sum on the cor~esptand~ng day of eech month'the~e- ~ d11EH V~.Ni I~~e- w~~a.~t 1r.~ fvf?T t:a:fi. ~ ! ` Each ~no~ !'~~~.•nt t~~st snai~ ::r ap~;i«•d ~ni~a.a~m~~rt o~ +0^~ ~~~cr~st anc! thcn~o~ the u~pad balancc of ~he printp~l sum. If delauh is ms in the ;,;,~~rnt of an tnSte.~ r.ent r.1~en Jue. .~.~d s~:~i tlriau~t co+tt~s:~es 3U days, ~hen ~`hr opt;on ol the hofder, and wi~hou any other noGce, aU the maioin9 ~.~is~ai:rnentf sh i! be d.,e and payab'r st ortce. P~~v~l~~c ~s g~van ~o prcpay th~s rWte in whole w in parf at any time wi out penalty. Neitixr fw arsner, nor ecceptanc by rhe hclde~ rhereo! after an defavlt in arY PdYments fi~+eon, fiafi be deemed eatsrs~on. A late pa mt~t tharge of S- ~ .:ddrd ta ee ~r.ira,~ment remaming unpa~d days aft~r its due date, and a h~ sum shall be added to each such in allmeot ~esnaining unpaid days sfter each svicee ~~g pa:n,~•nt dare. ~ facA aker, nwer,r enc~ PR:IGrSrf her of, ~o~nr'y e~.d sr.erally. waives amand, p~esent:nenr p~otest and not:c of protest for nonpaYmen~snd fvnfier a~rees to a extens:cn o? r~~• e of payme~~t r~et.rr balar0 or after maw~~?y, w' hou~ not~te to any of us: and to y all tosts oi col{ecteon~ irx~udlnp ~ r~-eaonable norr.ey's fec ~n tt.r e~ent of y defyu~t herrunder, and hereby severally warves es~ be~e°fit of homest ad and eaemplion u~der t!/e tonstitution .+nd ~axs n eacti S~ate oi ~fie Umtrd S~aee , as a~ainst this oa~~gation w any e~tens~on or renewat hereof. j ! W~r as thr har.d o~~d seal of each pa~fv. , ( (SEALI % ~ (SE~?U • (SfAU (SE/?U ~ ^ ) Stnte Reve e . lS~amp~ ancelfed on onginal note) ' NCN, iHEREfpRE, the MORT~AGOR fos the pwpcse of secu~ing payment of said sum of S~~8~~~ , snd ?he performance of tFN cove~ants a~~d agree~:er,rs he~e~naiter exp~rss~d, and for d~vers gocd and v~lwbte cons~derations, by these presents, does g~ant, baryain, ael:, reR+ise, •cirasr, convey and ccx~inm unto the MORTGAGEE, t1s successo+s and aaaigns, al! thal cer~ain iot, piece w parce! o( land, s~tuate, lyiny, and being in the Coun~y of _ I.ucie , and S~ate ot Fb.~da, deuritxd follows: ~ Lot 18, Block 535, POR? ST. WCIB, SDCTI~t 10, accordinq to the plat thereof on file ie Plat Book 12, Page 49, Public Records of St. Lucie Countv, '~lozida. , By agreee~ent of Mortgagor and Mortgagee on file with Mortgagee, the within soYtgage secures not only an existing irdebtedness, but also AD'VANCBS to be HBRfi- AF?BR sade by Mortgagee to Mortgagoz, the aggregate of which will equal thc prfucipal a~sount specified in the prosissory note secured hereby. Thia is a corrective sortgage designed to aarrect an erroneous legal description appearing in that certain ~ortgagf dated Novc~ber 23, 1976 - and zecorded ia O.R. Book 260, page 2251~ o~ the public records of St. Lucie County, Florida, and upon which intangible tax has~beet~ paid as evidenced by receipt No. 313881. ' RfCE1Vf4 IN PAYMEKT Of TAXES DUE QY CUS~'C' I~I"R":GIBLE RF''~';`L PROPERiY~ p~RS1FA~YF 70 C: 7t ~:s:. A;,~s OF 191L ROGER POITR14ti ~ q~1lK C1Aq~11 OWRT, Si. WCIE OQ ~ogether w~th a~l and singular the tenements, herediroments a:.d appurtances thereunro beloegi+x} or in snywise appcri~in'Mg thereto, ~nd +II rentf, iuuei. r,roceeda q:+d prof~~s accru~:q and to accrue irom said p~ernises, al! af which ~re ~rx~Uded in the above and faegoirg deu~iption and halxnd~m. TO HAVE AND TO NOtD ~he above descr~bed s~ granred prem~ses un~o the seid MORTGAGfE, i~~ svccessors and asigro forever. Md tht said ~ ~nd ~Mipn,__ ','.ORTGAGOR for t-h~~Y t~.=+rs, executors, ad:n;nistrotors and ss:igns, fiereby covenanb with the s~id MORiGAGEE, iri lvctesso~s •~at aT~-- ~a+vtufiy se~:ed of the sa~d prem;ses in fee simpte; that the same sre free, dear and discharged irom ~N liens snd ~ncurt~ ;;-ances in law or in eq~~ity, and t'reat-the~_ w~ll and their heirs fhafl wu~ant and defend fM title ro the urt» to tlk said `J!ORTGAGEE, irs svccesio~s and assigns, forevcr againsl the :awivl ctaims and demands of all persons; PROVfDED, AtWAYS ehat it fhe MORTGAGOR shall pay unto tl~e MORTGAGff the promiasory note hereinbelore desuibed and shall truly, prompfly ,n~ fuily gerfo~m, d~acha~gr, czecute, comp~e?e, comply with and ab~de by each and every fhe itipulations, preementf, tonditions ~nd tovsnsnts of Nid p+o~r.:ssory nore and of tF.is !Y'a:sqege, t}xn this Mortgage and rhe 6tate hereby created shall cesu and be null and void. iT iS UNOERSTOOD that tht wwd "Mortgago~" wiuther in the singuiar o~ ptvral anywhere in this Mortgaye, shall be sir?pul~r if one only and p >'~a!i be p~ura~ ;oinlly and uveraSlv +f ~:ore then o~e, and tfiat the word "their" as used anywhere in this Mortgage shaN be t+ken to me~n 'bis," "hers," x~ ef "its," wF.ere~er the cont=~t so :mpt~es or adm»s- A1so, that whereve? there ~s s~eference i~ the covensnts snd agreements herein contained to any of ~ r`,e perties herola, tFse sama s6aif be co~snued ~o mean as well as the neirs, legat represeMilives, successws and ~sigM (either volunliry by st1 of tFN ca~ties or ~nvo:untary by operation of the law) of Ihe same and that the wvenams herein contained shall bind and the benefits and sdvarttayes inute ~o the respective he:rs, Iega! ~ep?esenratives, successo~s and asvgns oi tha p+rties herero. And said H1o.tgagors. for themse~.es and the~r heirs. legal ~epreunt~tives, succeaswi and ~si~gm, hereby jointly and severally cove~anf and ~yree ~ and with the ssid MORTGAGEE, its successors and assigns: ~ 1. To pay aft and singulnr ~hc principal and interest and the various and sundry sums of ~~oney payab2e by virtue of ssid promi~sory noee, ~nd thif nangage, each and every, promptly on ~he days flIPEC~:Yt4Y the ssme xve?a11y become due. To psy s11 ~d t+ngular the ?axes, assessments, [evies, liabilit~es, ob~~gations snd encumbrances of every n+ture •nd kind now an uid described ~ property, w>tiat he+ea}ter may be ~mpoted, suffared, placed, levied, a aueised thereon, or that hereafl~j may be levied a ~ssessed upo~ lhis MortQ~ age, a the i~debtedness secured hereby, each aad every, when due and payable, xcwding to law, befwe theTj become de~inquenL ~nd befw~ ~ny intaesl ~~!~ches or any penafty is incurred; ANO INSOfAR AS ANY iNEREOF IS OP RECORD TME SAME SHAIt 8E PROAAPTIY SATISFIfD AND DISCHARGED OF ~~CORD ANO iHE ORlGIhAi OfFIC1At •UOCllMENT eSUCH A5, FOR INSTAnlCE. TNE TAX RECEWT OR THE SAT1SfACT10N PAVER OfflCUllY ENOORSEO ~R CfRi1f1ED) SHAII BE PIA~ED IN TNE HANDS OF SAIU MORTGAGEF W~iNIN TEN DAYS NEXt AFTfR pAYMENT; snd in fhe event fhat any thereof is +sot :,.d. sa~ sfied •nd d~scharged sa'd b!ORiGAGEE may ar any hrt~e psy the same or any part thereof without waiving or a(fecting any optip~, (ien, rqvity a ~ •.~hr vnde~ or by v~rr~e of rhes To*+gage and the fu11 amoum of eath and every tuch payrnent shall be immediatety due ~nd paysbls and sfiafl bear interesl ~~o-~~ she da~e rhereof vnril pa~d at ~ate of n.re per ce~~um per ann~m •nd toge!'+er w.th such intrest sha14 be fecur~d by the lien of th't morgtsya.