HomeMy WebLinkAbout0434 i
. ~
~
7#
S
s
~
)
i
fath i~stalinxnl 1 ahslt be aypi~nd m paymrn~ of ~hc ~rytcrest s~uf ti~r.~ or~ the ur,pa d i.aiar.ce ef thr prinrpal sum. If dr(ault if made i~ tF~
yaymeN ol any irutallm u~hen d~e, sod wch drNu:~ connn~e~' 30 d~yf, Ihrn at ~he op~.on of Ihe hoider, an w~ihcut any othe~ nonce, sl) tht rem~~ryr~y
~nsNllmem~ ihall bs d and psyabk et once- Pr~vdeqe is g~+cj( ~o p~epay fhis notr ia whol~ or in pa~t at an t~me without ~enaity. Neither forebrariote,
no? ucep?~nce by t holder therrof efter s~y defa~il in any.~paymenti he~con, shsli be dtrined earrnsion. ~A iate p~yment clurge o! s__ _ ~Aall b~
added ro each inst• nunt ~emain~ng unpe~d 7 d~y~ •fter its,due d.~e, and • h4r su~n ahell be edded to e~th svch ios~a~lment rema~n~og unpa~d 7~Iys ~flK
e~ch succesd~np paymem daia ~ /
tuA mstpr, surety ~na enac:ser eereot, p:nesy a/+d severat~y, wsrvef aemsna, presene^:em Frot~ a~ ena no~~te or p:oias~ Tw rtonpeymen~ind ionnar ~
agrees to any eytens+on of time of payment, eirher befo~ or attrr ma~~•ny. •a,~thc~i not.ce ~o ~any of/us, snd to pay a? costs of colkcti~ mclud~np •
r.asonabh •norney's (ee in tF~e e.ent of any default 1?e~eunder, end he~eby se+eral:y we~~es ali hedefit of homeatesd snd e:empt~oo under f}w constitWion
e~.d laws of tach Stare o1 ~ht Unrtrd Statcs, af agauri~ th~s obl~y~tan w~~y ea~ens~on a ~enew+~/hereof.
' WrtnRSS ths Mnd and seal o! rach party. . % Y i. ~
- . , ' (SEAI)
f--- - 4Se~?u
; . (SE/?l)
Stets Rove~ue
f ' ' ~U
(5 p~ cancelled o~ a~yirul not~) '
NOIAf, THEREiORE, the MORTGAGOR for ~he pwpose of sccuring payment of sa~d sum or s_ 33, 600 ~rformance of th~
cov~na~ts snd apr~emcnts hereinaiter expressed, u,d io~ d~vers good •nd valuable co~side~atwns, by these prese~tf, does yr~nt, barflain. iell, rsm~u,
releaie, conv~y and confirm unro the MORiGAGEE, its tucces:ors ~nd ssi+gna, all thel ce~tain lot, piece ot pucet o( land, •i~uate, lying, and beinp in th~
County of _.~..~{y~Q_~._ u~d Stete of Flor~ds, dewibed ~s foltowa:
Lot -26, Block 165, Lakewood Park Subdivision Unit 12 as recorded in
Plat Book 10, page 56 of public records of St. Lucie County, Rlori~?.
By agreement of Mortgagor and Mortgagee on file with the Mortgagee,
the within mortgage secures not only an•existing indebtedness, but
also ADVANCBS to be HBRBAFTBR aade by Mortgagee to Mortgagor, the ,
aggregate of which will equal the principal amount spECified in
the promissory note secured hereby.
This is a corrective ~ortgage design~d to correct an error in
mortgagor's name appearing in that certain ~ortgage dated January 25,
' 1977 and zecorded in O.R. Book 263 page 839 of the public records
~ of St. Lucie County, Florida and upon which intangible tax has been
~ paid as evidenced by receipt No. 314506.
;
C~s -s
.,1`C,~ ~M Pll~ OF TA1(r
~ ~ U.S_%Jli r• ~C'1LF'iRSO::. j
~ ~ NJIPiflc 11•. 1. A~'TS 4:` t~~ f.•j~~
~ q~~ • ~ ~0&Eq PClT: A~~ ~
` WT COtI~T, iT. LUGi C~~'~
~
~ toyether with all and singular the tenemcnts, hered~t~ments and appurtantes rF~ereunio belong~ng a in ~nywise ~ppertai~irq thereto, snd all rents, iuuts,
~ proc~edf and proiits xcruiny u~d to accrue ~rom said premites, aU of which are included in the above and fweyang dewiption ~nd Mbendum.
~ TO HAVE AND TO HOLD the abova deuribed a~d yranted prem~ses umo th~ Nid N{ORTGAGEE, ih tucceua~ and as~i~ni for~wr. Md tlw ~aid
i MORTGAGOR fw --~}}@~F------ heirs, execurors, ~dministrators and ass~9n~, hereby covenants wi~h the ssid MORiGAGEE, it~ successors ~nd ~uipns,
~ rhat ---~~@}/--~-~- lawfully uized o~ the said premises in fee simple; tlut the t~me ~re free, cle~r and dixh~ryed from all lie~ and Mcw~r
r branc~s io Isw or in equity, and that__~1~~L_ will ~nd ~~1P~L-- - hein shall wsrr~M ~nd d~fend the titb to fhe sam~ fo tM said
~ INORTGAGEE, its succeswrs and ass~g~s, faeve~ ageinst the I~vvfvl claim~ ar.d dem~nds of all persom;
s PROVIOEU, ALWAYS that if Ihe MORTGAGOR shall pay unto the MORTGAGEE the prom~iswy note here7nbe(ae desuibed and th~ll 1rutY. W~W~Y
•nd fully periorm, d~uMrge, e,cecute, compkte, comply with •nd ab~de by cach and erery tM atipulations, agrcements, conditioru ~nd covsnanb of a~id
promissory note and of th~s Nbrtgage, rhen rhis M«tgaye and the Es~are hereby ue~ted shall ce~se and be null ~nd void.
~ .r. IT IS UNDERSTOOD tha~ the word •.Mortgagw•• wl~ether in the s~ngular or plural anywl~ere in this Mwtype, shall be sinpulsr if orn only s~d
shail b~ piwd 'pinily u~d Nver~iiy if more tn~n one. ~nd th~r the wwd ~~tne~r" as ute~ ~nywi~ere in ti~is Mor~g~ye sn~ii be taien lo rn~ar~ "his." •"r~en
or "iri;' wnerever trM conte~t w~mpi~ w aam~n. Alw, tnai wherever tha+e it a refaence m tht cownann and ayreemen» ntrem comau~ed ao ~rryr of
tM parlies hereto, the t~m~ ahalt be conatrued to mean ~f well •s the heirs, leysl represent~tive~, s~ccessws snd aifi9n~ (eithe~ volunqry by att of the
~ ~ parties w involumary by operation of the law) of the seme ~nd that the covenaNt herei~ co~tained sFwll bind ~nd Ihe b~rkfib ~nd ~dwM~yq irwr~
' ro tM r~s tive he"as,
F pec kqal ~spresentanves, s„cce~sors and ~sr9ro of the par~~es hereto.
• And said Mor~ga9as, (a themseires a~d ~heir heirs, tegal repreu~tatives,, succe~sors and •ssi9ns, hereby joinNy ~nd s~verdly coven~M •nd apr~e
` ~ to and with the said MORTGAGEE, ~ts wccessors ~nd a»~yns:
~ 1. to pay atl a~d sin~ular the pr~nup~l and interes~ and tM vsrious ~nd sundry sums of money pay~ble by virtue of said promiasory nob, a~d thq
s mwtgsge, ~ach ~nd every Qromotly on the d~rs resoectively the ~ame sewrally become dw.
~ l~ 2. To pay •II ~nd ~i~ul~ the taxes, assessments. Ieviei, li~bilities, obliyations snd tnc~mbranccs of everi nature and ki~d iww on said dqtrib~A
~ ~ proparty, or tMt here~f~~r may b~ imposed, suffered, pl~ced. Iwied, w~ueued thereon, w that h~re~fter msy b~ levied a us~ssed ~pon this Mort¢
p~, a ~he indebtedness secured hereby, e~ch and evcry, when dw ~nd p~yable, accwdinp to I~w, before they become delinquent, ~nd b~fore ~ny int~rpl
~ •n~ches a any pen~lty ii incurred; ANU INSOFAR AS ANY iNEREOF IS OF RKORD TNE SA1NE SHAIt SE PROMPiIY SATISFIEO AND DISCHARGED Of
~ ocrnon ~k~ rNC no~r_.~r.i~~ ncci~~ai fYY11MGNT ~c~~w ac cno ~~ct~wrc tHC r~Y oc~not no twc C~TICC~fTl~lt.~ p~.ocp ncc~r~u~v c~~cfp
" QR CERTIfIED) SHAII 8E PLACED IN THE HANDS OF SAID MORT~;AGEE WITHIN IEN OAYS Nf%i AfTER PAYMENT; and ~n the event thaf ~ny ther~pf if twl
; p~~d. NYffied and discharged sa.d MORiGAGEE may ar any hme p~y fhe t~me o? any parr Ihereo! withovl waivinq or •Ifectiny ~ny option, lien, puity p
• ri~ht under or by vi:s;;e of tFis rr.c::ya~e and :he f;;.: a~:.:.;,~s o`. Fa,h ar.d e:er~ su:h ~.ayz,:.~s sha:: ~e ::r.r..e~:arely d::e i~ ~i~it'i:e ar.d tt;a!! b~u int~re~t
' kpn the dN~ thereol until pa~d af rete o4 n:ne per cent.,m per an~~m •~d toye~he~ w~fh s~ch ~nte~es~ sha~l be uco~ed by the lien of ~h s morytp~.
!