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HomeMy WebLinkAbout0393 . ~ _ ~ ~ ~•~v~ 6~, THIS INpENTURE. AMd~ t~ ~th d~Y of f ' Y A.D: 19?7 bNwNn Horris Klein also lrnoxn as Morris C. Klein and Hi~dre~~e~n, his xi'fe of $t. Lucie ~~„~y Fb.id~. M.~~hn dnqn•red as ~h~ "MORTGAGOR," and FIRST FECERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE. • cwpa~tion orpa~tz~d a+d ~xiatinp w+da tM law~ of tM Un~ted Suta of Amaiia +~d h~v4~p iM prindpal pl~c~ oi businps In tM CHy o( Fo~t Pi~ra. St. l~?ti~ County. Florid~, Fwtti~aftK d~sipn~l~d th~ "MpRiGAGEE:' - WHEREAS iM MORTGJIGOR i~ ~ntly ind~bt~d to th~ /NORTGAGEE in th~ sum of =~71 ~ pood ~nd lawfvl mon~y of ~M Un]t~d Satp adranc~d by tFw MORTGAGEE unto tM MORTGAGOR, ai tvidenced by a ce~ra~n prom~a~ory no~~ of tv~n d~ts M~~with, o! whith 1M fdlowinp i~ wwd~ Md HpwN h a 1rw aoPY. to-wih . i; ~f S_ L.tL!~ _ No ~~-2~011??6 - Fon Pi~rc~ ftaida. ~y ~ 191~ Fer valt~e retrived, 1, we. cr either e4 ~s, =+r~+n+ese to ~ay, w4tl:etirt dsfalca~+ae±. ~o tM o?ds~ of flRST f€[1Eltlll SAVINGS ANp lC?AN ASSOCIATIGN OF FORT PIERCE at Fwt Pi~rce, Plaida, the ium oi i-~7 with ime~est irom dat~ a1 the rat~ of 8• 76 p~r ~nnum. in monthly int~~limem~ ~s follows: 86~.___ _ - on the lOth day of ---.!Ju~_ , 19~ and a lila wm on ?he corretFwndinp day of each month thertaitK unt~l the whok be fully paid. Each insullment fint sMli be applied in payme~r of the intereft and tM~ on tM unpaid balance o( tM printip~l tum. If d~fault is made ~n th~ p~ymem of a~y instaltment when dve, and such de(aul~ co~~~nue~ 30 days, then a~ fhe option of the ho{d~r, ~nd without any othsr f10fK1, all tM remaininp in~tallment• ~l~all be dw and payable at once. Privile9e i~ yivtn to p?epay this nots i~ whole w in p+A ~I ~ny timR without pe~alty. N~ither fab~arance. nor uceptae~ce by ~he holder thereof ~ft~r ~nY dtfeuft in anY paYment hereoa. shall b~ de~med a~tsaaiori. A laq paYmeM chuqe of t~9 shall be aues~ed tFN 26th day of the month, i/ a reyular busin~u day. a. if nof a req~la~ bua'v+~as day. then the next businets day, oe~ e~ch monthly imrallmenl nof th~n nuiwd. E+ch maker. surety and endorsK hereof. jointly and sewrally, w~ives de~+snd. presentmem protest and notice of poqst fw nonpayment. and further ayrees to any extension of time of payment, eithe? before or aher maturity, witFaut ~otic~ to any oi us; and to pay all cwu of coll~ction. includinp a reason~ble anomey's fee in the event of any default hereunde~. and he~eby severally waivet all benefit o~ homestead and exemp~ia? under ehe aonilitution and laws of aac1~ S~att of tM Uni?ed St~~es, ~s ayainst thq obligatan w~ny ~x~auicn o~ ?eoew~l hereof. ~ S/ Morris Klein also I~noxn as ~A~~ . Stare docvmentary stamps in tFw amount H02'2'~3 ri. Klein ~~q~~ of s°-'--" are S l~i.ldred Klein ~ ~ (sEwu affixed fo 1M mOrtp~ wtur~d Mrsby NOW, THEREFORE, 1M MORTGAGOR for t~e purpose of tecvrinp p~yment of uid wm of s~7 . and tM p~riorm~na of tM cov.n.nn and .p..amenn her~inaf~er ~xp~essed. ~nd fp divero yood u+d vat~abl~ cons~de?atioeq, by t!»s~ prefe~ts, does prant, barp~in, s~ll. remiu, rele~. oonwr and aonfirm unto tM MORTGAGEE. iti succes:ors and auigns, all that certain lot, pi~a or puctl of land, sitwte, lyirp, ~nd b~inp in tl» ~~N $t. Lucie Sat~ of Flwida, dewiEed ~s tollows: Condo~inium Parcel ?io. 632, of CAPSTAN I, according to the Declaration of Condominiwn thereof, recorded in Official Record Book 232, at pages 619 thru 711, of the public records of St. Lucie County, Flarida. SUBJFCT to the terns, covenants, agreements, obligations and provisions of said Declaration oY Condominium Which Nortgagor in all things does covenant to Mortgagee faithfl~lly to observe and perfona. By agreecnent of Mortgagor arid Nortgagee on Pile ~+ith Mortgagee, the irithin ~aortgage secures not only ari e~dsting indebtedness, but also iDVANCT3S to be ~tLAFTER made by Mortgagee to Kortgagor the aggregate of which ~rill equal the principal a~aunt specified in the promissory note secured hereby. ; This is a corrective mortgage designed to correct an erroneous pa~caent and late charge ' on the copy of the Within note appesring in that certain mortgage dated May 20, 1977, and recorded in 0. R. Book 268, page 1.ti97 of the public records of St. Lucie County, ~ Florida, and upon Which intangible tax has been pai~ as evidenced by receipt No. 315816. ~ 6 € - f ~ ' RE~CCE~vEO (N' a~irMErr oF T~xE~ p~'R ON C1ASS 'C IN1AtIGIBIf PE '1 P"OPERTY, pURSUrIt~IT TO GNPTER 71-134, I~CTS Of 19/1. ~ ~ ~ R06ER POITRAS ~ ~~~~~I~.A~t~(/ ~oflethtr witF~ ~II and ~irgulu tF» ter~~h, hereditamend ~nd ~ppurtances therew+ a~i~ ~j'~~(b~ and ~II rents, issues, proceeds ~nd profitt acauinp and w accrw from said premises, all of whicl~ iro incl K~~abov~ ~+d fotpoirg daviption and h~bentlum. TO HAVE AND.?O NOI~ the sbove described and ~r~nted pr~mises unto th~ said MORTGAGEE, in wocessws and wi~m forev~r. Md Nw s+id g ,MORTGA~y ~the~T ~~istraton ~nd aui9m, hereby covenanri with the said MORTGAGEE, i1s wotpwn ~nd atai~, rhar Iawfully seized of tM aaid p~emne~ in fee simple; that the same ~re fre~, clear u+d discF~aryed irom dl li~e?s and ~ncun~ o~ances in law a In equity, and that will arsd ~eir ~y ~II wurant ~nd d~fend th~ thb b th~ swn~ to th~ s~id MORTGAGEE, in s~aeuon and auiyns, forev~r ayai~ft the lawful cl~ims ~nd demands of all perapn; PROVI~ED. ALWAYS that if th~ MORTGAGOR shall p~y unto tM 1NORTGACaEE the- p~omissory note Fwreinb~fw~ d~saib~d ~nd ahall hv1Y, promptFp and fu11Y p~rfonn, diaM~. ~xewt~, complet~, comply with and abidt by each and ~very tM stipulations, prs~rnants, conditions ind eav~nants of s~id ~ p.om~swry not~ and of this Matyape, then thi~ Mortyay~ and the Estat~ hsreby creatsd shall uas~ u~d be ~ull ~nd roid. ~ = IT IS UNOERSTOOD that t!w wwd "Mwtppor" whether in the sirgular or plwd ~nywMn in this Martqa~e, shall b~ sinpvlar if on~ or?ly and ~ ~hall b~ plwd ~ointly ~nd ~rv~rdly if mor~ than «+e, and that tM wwd "~heir" used anywh~n in tha Mwtpay~ sh~ll b~ t~kan to m~~n "hn,•• "h~rs•• ~~p x o~ "it~;' whawer tM conbx~ w implies w sdmits. Alw, that wherever there is a ~ef•renc. in rM cov.n.nn and ayr..menn h.rein oonrain.d ro.mr of ~ !he pani~s h~r~to, tM urne ahall be caatrv~d to me+n as well as th~ Mirs, k9a1 npre~enutivei, succ~uon and assipns (~itlwr vokmtsry by act of tM ~ ~ parties o~ Involvntary by op~r~tion of the law) of tiw sMne aid rhat tMe covetunb her~in contained shall bind and tht !»n~fits ~nd advantap~a inw~ ro the r~tp~ctiw h~w~, I~I repr~sentatiws, successon snd ~u~pns of ths partas Mreto' ~,y ~ Md said llAony+yors, fw thanutlvea and thei~ Fwin, leyal repr~sentatives, wccesson u~d ~~sipru. Mreby jointly u~d s~wrally cown~M and pr~e ro end with the ~aid MORTGAGEE, its succ~s~as ae~d assipro: ~ 1. To pay ~II ud sinpvlar tM pri~xipd and intae~t and tM variova ~nd wndry surm of mon~y paY~bl~ by virtw of said promiawry nob, and this monflaQ~. ~ach and wery, pomptly on th~ days respectiv~ty tM iamt s~v~rally becam dw. 2. To pay all ~nd ~inp~ln th~ t~x~s, astesunM». Iwies, liabili?i~s, obliparions and tnc~mbranus of tvery n~tw~ ~nd kkid npM, p~ Mid d~wib~d ~ s, prop~nY, or that I+NeattN rn~y b~ ~rnpw~d, wffK~d, p~~ced, levi~d, a ~waNd tlKrwn, a that Mr~aftw may b~ levi~d or aswskd upon thi~ Morq- ~ a9~, at 1M k~d~b~~dness ~~ew~d hanby, tach Md ~y, wMn dw ~rd p~yable. ~ttordinp to I~w, btfon lhty b~cane dslinqwm, and b~fon ~ny MNr~st ettachts p any ptn~hy i~ inewr~d; ANO INSOFAR AS ANY TMEREOF IS Of RKORD THE SAME SHAII bE PROJIMTIY SATISFIEO AND DISCMARGED Of RECORO AN~ tHE ORIGINAI OfFIC1Al OOCUMENi (SIKH AS, FOR INSTANCE, THE TAX RECEIPT OR TME SATISFACTION PAPER OfFIC1AltV ENOORSEO OR CERTIf1E0) SM/~LL !E PIACED IN THE MANOS OF SAID MORTGAGfE WITHIN TEN DAYS NEXT AfTER PAYMENT; ad i~ th~ tv~m 1Mf aiy tlw~of it not pa~d, s~t:sfi~d ~nd diuharp~d taid MORTGAGfE may at ar+y time pay tM same o? My pa~ thereof withow w~ivirg a~Necrinp sny option, IiN+, puiry a •iqht undM or by v'utw of this mer~p~~e and tM full.amwnt of each and ~vay wch psymero ~hall be immedia~ely dw and pay+bl~ and tMll b~ar intK~st ~•om tFr d~t~ tt~reof uMil paid at r~te oI ni1• p~r untum per ~nnwn ~nd to~ether w,th ~uch inte~est shall be secured by tlw li~n of th"s morptp~. - - ; , - ~ , - - ~ r.~. . _ . . . _ '-,S a~ i