HomeMy WebLinkAbout0061 VV~J4JC1V ~1 ~
C()RtZtiC:T I V!3 b10RT('~'~GE
~ t~~ 1 3th d•y ot Dc~cemher A.O. 19 b.ew«~
_ Rob~rt J. DeRellis and Vicki S. De6ellis~his wife
of 5t . t-L1C1E ~ ~p~~ty Fiaid~. M~~inaf~K dtsiqn~~ed •s ~hs "MORiGAC,pR;' •nd FIRST FEDERAI SAVINGS ANp IOAN
AS50CIATION Of iORT PIERCE. ~ oapau~on orp~ni:~d ~nd •x~~~~.q under tM t~w~ oF tM Umrcd S+a~~s of /1m~ric~ ~nd Mvinp in prir.cip~l pl~p of
b~~,nta~ In ~M Clty of fbn ~i~ra. St. lvci~ Covnty, Flald~. Mr~inaf~~r d~~~pn~t~d as ~M "MQRi~iO~E.OO
WHEREA3 tM MORTGAGOR k juitly indtbt~d ro th~ MORTGAGEE ie IM sum o} jb qood ~nd I~wlul ma+~ of th~ ~inihr
Sfe~e~ ~dwnc~d b~ tM MORTGAGfE unlo tM INORTGAGOR, u~v~d~nced by • c~rq~n prom~tswy nor~ o} e+~n d~t~ IMt~wrifly of wAi~A 1M l~IIMnMh In
.yord~ ~nd liyurp ta • trw topy, towit:
S 361000.00 N, 02-23022924
~ ' ~1 r~.~ D~ercC. ?io,~~~. -_-December 23 19 7~
~ur vilu~ received, I, ~w~. o~ e~ther of us. prom~te ~o paY. wi~hoyl de~elcet~on. to the o~der o1 fIRST fEDERAI SAVINGS AN~ LOAN ASSOCiAT10N
;F ~pRi PIERCE a~ Fwt Pi~ru, Ftwida, ~he wm of s_ 36 . ~00. w,~h ~roeres~ from d+te a the r~t~ o~ 8• 7 S X. p~r a~~wn. 7n
~o~vhly ~ns~aum~nu as follows: S 295.98 a? ~he IOth daY os Nebruarv 19 7$ ~nd ~ lik~ wm on
•t,r correspond~np day of ~~ch mon~h ~hereafeN until rhe who10 be fully paid.
E~ch ~~it~ilmfM f~n~ shdl b~ ~ppl~~d in pa~mem of the int~res~ ~nd then on th~ unpa~d p~l~nce oi tAe prieupd sum. If defwU is m~de ~
~+hr paYment of •ny insf~limsnt when due. and wch defauh com~nws 30 days. then ai :t~e op~~on of th~ hotd~r, and wrthout •ny othe~ ~orrce.
, ~ rhe rem~in~n9 imt~llmtnU ~h~ll be due and payable ar p~ce. Privile9e it yivM to prepay ~his r+o~e in whole a in p~A N~ny timt without
vr~.a+ey. Ne;ther fwb~annu. ~a ~cctpt~nce by the holda therwf ~ftN M,y d~fault m any paymcn~ herwn, sMll b~ dNmed tat~nsion• A late
,3v~.,cn~ ch~rge oi S ~4' 79 sh~~~ be asi~ss~d tM 46th d~y of the mo~~A, ~1 a r~qolar busi~~ff d~y. or, i~ rw~ a~~yvt~ butinest d~y.
~n,., ~he nea~ bus~neu day. on ~~ch monthly ina~dlmen~ no~ tMn r~ceived.
Esch make~, ~urery •nd endas~. he~wf, joimly and seve?aAy. waives demand, a«se~r..+em pro~e~t and norice of protesf fo~ nonpaymen~. ~nd
•,~rher ag.ees ~o any exreniion of tims of paymeo~, e~th~r b~fo~t o~ ~frtr matur~ry, w~rho~,~ not~.• ~o any of w; and to pay a}I cosn of colkdio~.
•::~dmg a rcasonable atto?n!y'! f~~ in the event of any default he~eunder. and he~eby aeveralty wa~ves aU ben~Iit of homeste~d ~nd ~~cempr;on under
~r conshtution and laws of Nch S+at~ of }hs United States, at ~y~inft thit obGg~lton or •ny eaetniion o? r~r~ewal F+~reof.
5/ _ Robert J. DeBelli s ~~Ai~ -
S~.~re doc~mentarv st~mp~ in th~ amount «A~~
S ic i. e is
of i-- - ue - (SEAU
raf~xcd ~o the morty~y~ s•cur.d h.r•by. tSEAI)
NOYN, THEQEFORE, tM MORTGAGOR for the pu~pose of seturrnQ psyment of s~~d :~m of s 36 , n00 . af th~
cave~~nts and prkm~nr~ her~inafr~r •aprc~~ed, and fw d~ver• yood •nc! v~luab~e cons~drrehons, Dy tMs~ pres~nls: dot~ p~ant, b~r9~in. NII, r~mi~~,
•elease, convey • confirm unfo,th~ MORTGAGEE, ifs ~ucceswr~ and a»igns. ztl tAa~ re.rain !ob pieta or puttl of land, titu~t~, lyinp, ~nd beiny in the
County of ~Y • 1"uC le u~d St+t~ of florid~, dew~b~d ~s follows:
~11 that part of the ~orth 164.11 feet of the SouZh 2h4.21 feet of Government
lc~t 1 of ~ction 1, Township 36 South, Ran~e 40 East lying East of FEC Rail-
r~,a~i. L~ss ~ and exce~t right of way for Indian River Drive, but includinc~
~ i~~~-~rian rights.
~ This is a cor.rective mortgage c3esiyned to correct an erroneous legai descrip-
~ *ion appearing in that rertain mort~~age dated December 13, 1977 and recorded in
R. I3ook 278, page 2I90 of the pub2ic records of St. Lucie County, Flarida,
; .~r:d upon which intangible tax has been ~aid as eviciencet~ by receipt 10.
37 2271.
E ~~y agreement of :~tortc39or and D:ortgagee an file with the t?tortga~ee, the
~.vithin mort~age secures not only an existin~~ indebtedness, but also ADVAICES
tc~ be HEREAFTER made by ~tortgac~ee to hiortgagor, the ac~gregate of which will
•~~~jual the principal amount specified in the ~romissory note secured hereby.
`
; 1~;
a M 0~
~w.r.ntlra~Iw~.IK M
` , A0~11 l~OAMi ~
~ c~P•k r~.cuit Court. Uacis. Co.. Fts.
:.yether w~th •II ~nd sinyul~r th~ t~ri~rrNnb, h~red~r~rr~m~ and •ppurf~nces tMreueto bela+9in~ a in ~nywbt app~rtNnG~p ffwNO. ~nd ~11 anq. i~sws.
~•ccecd~ rnd p?ofit~ ~ccruinp and to ~cuu~ irom ~~id pr~mis~t, ~11 of which ue includ~d in t!N ~bov~ !rd forpOinp dNCrtptbn ~nd h~bM~duen.
TO H1lVE AND T HOIp th~ sbov~ ~wib~d ~n~! pr~nt~d p~~mis~s unto tM ~ald MORTGAGEE, Ht succa~on ~nd ~stlprr iww~r. Md tM s~Id
- :•CRTGACtOR {or ~hP'lI' ` Min, ~x~cufon,~~dmini~tnfw~ •nd •tsiyru, Mr~by town~nt~ with tM ~aid MORTGAGEE, hs woc~~ors and ~plptN,
; ti~~~ are
.^e+ I~wfully ~si:~d of tM utd pr~m~wa in fN ~~mplr, th~~ tM tun~ N~ frN, el~ar ~nd dqeMrp~d itan dl IMn~ and ~nevn?
i c.,e~us in'bw o~ in ~quity. ~nd M~t they wtll ~nd their h~in ~hdl WNlM1 1t1d ~tifld 1~N 1~fM 10 1IM ~i11M 1~ 1M NId
! :~GRTGAGEE. Ib wcuuon ~nd auqm, fa~wr p~lrot fFw I~wful ct~im~ ~nd d~msnd~ of all p~nd+t:
PROYIDED, AtWAYS tMt N tFw IIAORTGAGOR ~MII p.y unro th. MORTGAGEf tM p.om+.~wy no~• h.r~inb~ion d~wtb~d and ~II kulp. pranp~h
a~d fvlly p~rlwm, di~ci?~rp~. ~:~cur~, eompNte, eomply wiTh ~nd sbid~ by •~ch ~nd ~v~ry tFw atiprlatloer, ~prNnwnM, aaditlona ~nd oov~nsnh of a~id
. ::ramiffOly rau ~~d of thi~ Mortpp~. 1h~e? thb Mortyp~ ~nd tM bt~~~ h~nby aNqd ~MII nsw ~nd b~ nvll a+d rofd.
IT IS UNDERSTOOD fhat tF» wo.d "Monpapw" wMfha in fh~ sinpulu or plw~l u+ywlw~~ !n th~ 1Nortpap~ ~U b~ skgular tf orn only u~d e^~
shell be plur~l join!!y ~nd wwrdy H mw~ ~h~n on~. ~nd th~+ tM word "~Mir" uNd ~oywMr~ ln MN Mwtpp~ ~II b~ t~k~n to n»an "'hN„" °Mn,"
..ir~:' whaw~? tM cont~xt ~o knp?f~s w~drt+fta. Alw. tMt wFwr~vK th~n b~ niar~np fn th~ cown~nri ~nd p~~n«+ra Iwn1n oo~M~{rwd to arty ot ~
^ti. p~ni~s Mnto. tM ums ~hsll b~ oawrrud ro mean ~s vwll a tM hNn. Ip~l rpr~fdivw. sua~uors ~nd aNpn~ (~hhM wlumary b~? ~d of th~ ~
a tnvolvnury b~r op~r~tfon of tM I~w) of fM an» ~nd tlut rh~ cov~n~nn M.•i~ conalMd shdl bMd ~nd th~ b~ffta ~nd ~dv~ntpN (nw~ ~
ro iM rap~ctiw MIn, tpd rpnwnt~tfws, wcuwon ~nd ~ptpru o/ tlw patia h~r~o.
AM~ N~ MW1'p~QOf1. ~0/ 1~MfM~~YN Nld 1~f ~M~f/. ~p~) f1Q/NIMlI~YN. ~YC[~7~Of! NId ~NpM. FMf~ ~flf~y tfld NVM~~~ OOWf1Mlf ~f1d pfN
~o and wNh tM w{d MORTGAGfE, Iq wtps~ps ~nd ~ipi»: ~
1. To p~y dl and ateyvlM ~M prtnetpal and intrnst ~~d Nw wriow ~nd wndry sum~ of morwY paYabl~ by vlnw of wid promb~orr noN, ~nd tAh
monpq~, ~Kh ~nd wMy. Vranpt~Y On 1h~ d~y~ IMpKtiwly tiN anM Nv~nlly bKOnr dw. _
4. To p~y dl ~nd Neqvlw tM t~x«, uwqnNnM. Iwlai, llabllhi~s, oblipatfaq ~nd ~narrnb~aeKS~ of ~wry M1un ~nd kMd new en ~Md d~w~d
F~ow~r, a thar M..~thr n+~y b~ w~pa.d, wHK~d, p~~ad. Iwl.d, a~w~Nd rfi.non, w thn Mr.~iw. mqr a 1r?Md a~d ~pa~ tAN MatP
.p•, o~ r1n IeKMM~de~w wevnd Mnby. ~+d~ aed w~ry, wh~n dw ~nd p~y~bl~. ~ceordlnp to t~w, b~ton th~y baane delM+qe«n, and b~iw~ ~n~? Mt~rMt
a~!tcht~ or ~ny p~n~lty ii lnwn~dt ANC INSOFAR AS ANY THEREOf IS OF RKORD TME SAME SMAU sE ~ROM~TIIf SATISFIED ANO WfCF111RCED OF
RECORD AND iHE ORIGINAL OfFICIAI OOCUMENT (SUCH AS, FOR INSTANCE, 1HE TAX RECEIPT OR THE SAT(SfACTtON PA?ER OfflCi/tLLY EIYDORSfO
Op CERi1FIE01 SH/l[[ 6E PtACEO IN~iHE MANDS Of SAID MOR~GAGEE WITHIN 1EN DAYS NEXT AFTER VIIYMENT; ~nd in the tv~m thst ~ tFwt~of h no1
d. ~a+.~f~~d •nd di~thup~d ~atd MORTGAGEE msy •t ~~y tim~ p~y ~M Nm~ w~ny p~n tMrwf without waivinp w~ff~ctin4 ~ny optioe, liwn, puity o~
•~~hr VndN OI by virtw of thi~ mortpp~ ~nd th~ fvll ~mount of •~ch ~nd ~v~ry ~uch payrrNnt sh~ll b~ ~~.d~•rel~ dw .nd p.y.bb .nd sh.il b... inr.r.st
s•o~*+ rM dat~ thenof ~n?11 p~~d ~r r~t~ of nin~ p~r c~ntwn p~r ~n~um ~nd rop~+F+M wisy ~veA inrMNt ~h~ll b~ wcw~d br th~ Ihe~ of M;s nia0t~.
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