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HomeMy WebLinkAbout0705 ~B ~ CORRBC?IVB MORTGA~ ~~~0~ ' i~p~E 11 th ~y ~ October ~p. 19 77~ a~ an e en~e ams an n r a . , of $t . uCle Cpy~y ~~uyfi~r d~siqn~r~d ~s th~ "MORTGAGOR; • and iIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF fORT ?IERCE. ~ oapor~tion orpanit~d and ~ais~i.q w+dM ~M I~ws of th~ Um~ed Satq of AmK1u ~nd h~vinp Ih prt~cip~l pl~q of bwimw 1n tM Gyr of ldrt ~ino~, St. luti~ Cow?ty~ fI0IW1. AMNIN~IN {~fiQMlfil th~ TGs E:' WHEREAS tM MO~TQAGOR f~ justly iod~M~d b ~M MORTGAGEE In N» sum of t~ ~ood ~nd I~wful moMy of th~ UniNd S~are~ advanad by tM MORTGAGEE vnro tM MORiGACsOR, ~vid~nad by • cMain prom~~so.y aot~ of swn d~t~ Mr~with, of which 1M ldlewfe~ h wa~ M~ /i~WN k~ 11'W OOpy~ ~OW~f: s21,100.00 ~ 02-23018482 Octaber 1~ " Fon P~~rt~. rl«~da. _ 19 77 ; Fa valw r~qiwd. vw, a~it1+N oi us, promiu ro y, wi~hout de~alca~lon. to ~M wde? 01 FIRST fEDERAI SAVIN65 AND ~OAN ASSOCIATION Of FORi PIERCE N Fpt PiKp. Flaida, th~ wen of f- 't~~ 100, _ w~th iM~~eit from d~?e at th~ qN oi a• 75 '1~ pN ~nnwn. in m«„~,, Mu.nm.~,n fdlorw: = 173.49 0~ d,. ion~ d,r of Qecember . iv~Z «+d . uw .w~ o~ rhe contsponelin4 d~y of ~ach month tMr~ah~r ueNil th~ whott b~ iuUy p~id.. Each installn»m finf ~hall b~ ~ppli~d fn paymee~t of tM iet~r~u ~nd tl»n on tM unp~id balanc~ of th~ pr;ncipal swn. If d~f~ult N~nad~ ~n Mu paym~nl of any in~t~lten~nt wMn du~, u~d such d~i~uh continu,ss 30 d~ys, th~n ~t tM optan oi Hw holdK, ~~d without ~ny othe~ i+otic~, sll tM remaininp iiut~lln~~t~ tAall be dw ~nd pay~bl~ at onc~. Vrivil~ i~ yiv~n to pr~pay ~his raM in whot~ or tn pNt ~t ~ny fim~ witAov~ pa++try_ N~itMr fwb~aM+a. nw aa~pqncs by tAe hdder tMrwf •ftN ~ny d~fwle in ~nr p+vmenr hN~on. ~haU b~ dMm~d ~:Nnaion. A I•re v+rme+~t cMnp~ of i g• 67 ~MII b~ ~sN~s~d thi 46th d~y of tM mon~h. it •~ey~lar busirKa d~y. or. if ew~ ~ rpular butin~s d~y. ~twn tM n~xt busirra day. on Nch mo~tMy 4utdlmM+t na tl~? noeiwd Esch nyk~r. aw~ty and Mdonsr Mrwf. janrly snd s~v~dly. w~iv~s d~m~nd, p.ss~ntme„t p.otKt and ~aia of prwe~t 1or eanpay~n~nt. ~nd fu.rM. a9ren to ~ny ~aeMaion of tim~ of paym~nt, eitlw~ b~fon a~ha muwity, w~rhou~ noti:~ to ~ny of u~t ~nd ro pay dl cwn of cdlecr+on, ~nclud~ng a r~a~w?sb1~ atta~r's fN in th~ ~vMt of ~ny d~f~uit her~undK, and h~reby serer~lly w~iws ~11 b~n~M of F~om~aead ~nd ~:wnp~an u~d~r ~he cautitu~ion and law~ of ~ach St~t~ of tM Unil~d Sf~t~s, ~s patn~t thn obliy~ran or ~~y e,c?~mion a nnewd h~nof. S/ Daniel Kenneth Wi2liams ~~i~ S~are doc~meeury ~t~mps in tM ~rnouM (SEAU of s""""- SrT-~andra K. Williams ~i~ •ffiied ~o +M morqp. acw.d h.r.br• (s~?~) NOW, THEREFORE, tlw MORTGAGOR fw tFK purpoH of ~~eu~inp psye~ent of a+~d :wn of : 21 ~ 1~~. ~ , and t1» p~ of fh~ eov.eann snd p.~+ew~++s MrNn~if~? ~xpr.s~.d, and fa div~ra pood uK! v~lu~bk eonside~~t~au. by 1h~N prtNnf~, do~~ 9r~M. b~~paln, NII. ?~enis~. .ele~s~, eonw~ and eonPuen unp th~ MpRTCsAGEE, ib succe~son and ~u~yr+s. s11 ~luu cer~un bt, pi~q w pved of Iand, situ~p, lrinp, u~d b~inp in tM Cow,h, of St. Lucie ,ed St,t, ,f fbr;d,, d~w;Md ~s fotfows; Lot 2, Block 5, REVISED P1J~T OR 90UTH 25th STREET SUBDIVISION, according to the plat thereof on file in Plat Book 11, on page 46, public records of St. Lucie, foanty, Rlorida. By agreement of Mortgagor' and Mortgagee on file vuith the Mortgagee, the cv ithin mortgage secures not only an existing indebtedness, but also ADVANCBS to be HERSAF7BR made by Mortgagee to Mortgagor, the aggregate of vrhich wi12 equal the principal amount specified in the promissory note secured hereby. This is a corrective mortgage designed to correct an erroneous legal description appearing in that certain mortgage dated October 11, 1977 and recorded in 0. R. Book 276, page 112,,of,the public records of St. Lucie County, Florida, and upon which intangibe2 tax has been paid as evidenced by receipt No. 317764. ~ v~ C~ ~iY~ ~ ^ IN PlqfliF.~i af TAXR q~ all C irTAlIi1~1E fER901fA1 ~OPERtY~ M1i~IlAlif iQ CMN'~ER 71-1i~,. AG7S Of 2lll. ~ ~R PQITN~S ~ CIP~ CIRUIT COYR~. !T. WCIE C0. ~lJl ioperMr vrlth alt and sirgul~r iFN t~n~m~nn. Mr~dit~mMb aed appsr~~anus tMrwnto btlonpinp a in anywiN ~pp~rt~lnk~p thM~to, Md al) nm~, 6~w~, p~oc~M ~nd pofin ~ocruinp a~d ro~cuw irom s~id pnm;NS, ~II of whkh u~ includ~d in tM abov~ w+d fapotnp dNOrlption ~nd Iyb~ndwn, TO NAVE I1ND {1]@1 r tM abov~ dMatb~d ~+d OneH~d p?«ni~ vnro tM NW MORTGAGEE, ib rueaNers ~nd salpnt fenwr. Md NN aNd MORTG R fo~ M(n. ~~arron. sdrnt~irtrnon ~nd •uipm, Mttby oo~r+rnb wFth th~ aNd MORTGJIGEE, if~ nKCyNOn Md wf~M, rhat ~'QY are ~ ~ ~ M~ ~Y pneni~a in fN sfmplr, thN th~ wr» ~n fr», elw ~nd di~eiw?~d fron~ dl INer and ~neun~ b.anct~ &r I~w or ln pvHy, ~nd t hey wHl ~nd t ~'IE 1 X Mi~~ ~II war~nt and d~t~ed th~ NN~ b tM t~ 1~ IIM Mid INORTGAGEE, in weawon ~nd a~r. fonwr p~bist tlw bwivl d~Mes ~nd d~nwnd~ of ~11 p~noert PROVIDED. ALWAttb tM1 If tIN MORTGAt30R shdl p~y vmo tM MORTGAGEE th~ promiaory nota h~ninblfor~ d~wlb~i and ~Mlt truir, p?ompflr snd fully PN/ae4 ~xKVM. ~On~pIN~. tOenplY wffh ~nd lbid~ by sKh and ~vMr tIN aHprl~fb~M. ~MIMM~,r OO~IdN10~M Md COwelNlh Of Mid promi~~pfy f~ON Mld Of f~ll~ MOfta~. 1~IN1 t~ MOAO~ ~Ifd t~N Eft~N ~1M~y pMtld ~N~~ CMN Mld ~/Wn Nld HOId. IT tS UNGERfT000 Nwt th~ word "Maqpor" ~wh~tMr b tM skpulu a plwd ~npwirn b thM Nlorrop~, ~Ml1 b~ ~Mq~dn N oer only ~~re~ 3 .h.11 M ptwd ~oiMiy ~nd Mwntly H ~wt~ tMn orN. ~nd H~ar tht wad "tMk"' a w~d ~ny~wh~n In 11~ Ma1pp~ ~hall b~ t~k~n b n~~n "ht~," "'hNt ~ c~,~ i o. ••in," wMrw~r fh~ eoia~iA w Y~ptIM a~dndn. AMo. that wlw?ww th~n k~ rahr~ M tM ~M~ ~rd pr~b Fwnin eomNe»d b uyr of ~ rh. pa.tie~ Mnte, t1w Nwll b~ oonanwd te n~n a wtft M tl» Min. Moal npnsw+tnMs. wcaMOn ~nd ar~ (~Mw? vol~nwary bp ~cf d tM ` pa?tiN Of M1vO~Yf11/fy ~ OPM~f~M1 Of 1~M ~W) Of !~N ~MIM M1d fFMt f~N ~OVMif1M ~1M~M1 COflf~111~ ~NI~ blfld M1d t~M ~INfIM Yld ~11M/pM {flYf~ to tM rNp~aM h~W. Ipsl np~wathrM. MioO~wws Md M~t~ of fM partiN hM~to. ~ And Nld Mat~pon, fa fl~lws «+d th~M 1~M~, Ipd rpr~nt~tM~, wa«son N+d Nsiom. Iw~b~r ~o&~ttr ~nd wwratly oovw~wa srd pn~ ~o ~nd wilh Nr rld MORTO~ApE~ 11s wooM~on ~nd M~ion~s 1. To p~y ~N ~ ~M~r{r NN prlnelpd ~nd ImK~M ~nd th~ wrious ~nd ~widry wma of nwMr WY~bb bq vM7w of aW ~ ^~4+4~. weh ~nd ~wry. Ora~pdY en th~ ~ e~qMly tlr wv~tdly b~oenw dw. ~~oM. ~nd thN t To p~p NI a+d Wqvlr ~M t~~. ~nMnM. IwiM. pabWtM~. obilY+tions +rd ~na~nbr~~as of wNy natun and hMd new an aM~ dMOrl~ ~~av«h. a M~a hMwl~. iww b~ w~pw~. wN~n~/, pl.aa IwMd, a ww~~d rh~noq, a M~t 1~wf~ n~r b~ I~?Md a+ww~d upan Mb Mor~ ~y~, or fiM Mid~bt~diMM NM~d INr~by. Mch ~n/ wMy. wlNn dw N~d WY~bb. Kootdkq to I~w, b~fon tl~ bKpn~ ddkp~rMM, MMi b~fon My MMUrq • .~facha a a+Y P~Np ts Mcwr~d~ ANO IN30fAR AS ANY THEREOf IS Of RKORa TME SAME SHAII ~E ?ROJYVri1? SAT13f1ED AAlO GIid1AR0l0 OF ~ RECORO AND TFIE pR161NA1 QfFICIAI DOCUMENT (~l1CM AS, fOR INSTAN~E, THE TAX RECEIP? OR TNE SATISfACT1pN tA?ER pFF~CU?l1Y ENpORSEp OR CERTIilEO) SiU1LL Sf Pl/1CED IN THE MANOS Of SAIO JMORTGAGEE WITNIH TEN DAYS NEXt AfTER ?AYMENTj and in th~ ~wnt th~t ~ny tha~pi U no~ vnd. ,ar.,1~.d •nd dMehNp.d ..~d MORiGAC,EE m.y .t .ny t~m. p.r ~I» urm w~r pan tFw~~of without w~ivinp or ~ff~ctino sn~r option. p~n. pukr a ~ •~ahf w+d~r o~ bp virtw of Mk mortpp~ N+d tlw full ano~nt of ~~nd w~ry wd? p~ym~M sMll b~ ~mm.dN~•ly dw .nd p.rabl. ad ~h.tl b.r ~...s+ ~ r.o~n rlw d~M tM~wi w~til pNd N nq of nlew p~r eer+tvm p~r ~mwn ~nd a~~rh~r with wd~ imNNt sAsll b~ seew~i by t!» tIN+ 01 fA» nioe~fa~. ~ _ . _ _ _ _ - - - - y. ~ ~