HomeMy WebLinkAbout0253 DEC6MBBR 10, 1982, TOGETHBR WITH ACCRUED ~ INTERBST, IF ANY, AND ALL
>>~vANCBMENTS MAD6 BY THS MORTGAGBS ~UNDER THB TERI?1S OR THIS MORTGAGE .
t~q t~t~t~. M,,, ~3rd ~Y of _ t3~q~~lovember ~7
A.D. 19___, b~nivNn
i-iau~ M Schinriol+nttn an~ lac~.+.+,~4 L_ Schincic;h ~ ~y h~~wi
fg
of ,~.Lucie ~~~ty Flwid~, M~~~naftN da~yn~~cd the "MORTGAr,OR," •nd FIRiT fEOERAI SAVINCsS A~10 IOAN
ASSp~lAT10N OF fORT PIERGE. ~ aorpp~tan orp~~i:~d •nd ~xitti,~p undN th~ i~ws of tl+~ Umred Srar~i of Ampic! ~++d havl+p its princ;pal pl~a of
buurau in tM Gtty d Iwt ?iwp, S1. lucN Co~nty. Flaida, Mr~inafur d~upn~t~d +s. tM "MORTGAGEE:'
WHEREAS tM MORTGAGOR b ~wt1y ie~bl~d b th~ MORTGAGEE in tM wm of s 1~. _ 1Q . O~ 9~ ~~Wf~~ mon~y p,f dy Ue~N~
S~atts ~dv~nt~d by tM MORTGAGEE vnto tM MORTGAGOR, •videnced by • c~rts~n prom~s~ory r+ot~ of ev~n d~t~ MrMitA, oi wd~ith flM l~11Mri~ In
worda and fipwN b• erw copY, towit:
sll,lpp~00 ~ 01-23021171
c~,, P;~~«. ~,o„d,. November 23 1977
For valw rec~ivtd. 1, w~, or e~~her of ~s, promiu ~o pay, wi~hout dr~alcai~on. to rhe ar~ pf..FIRST fEQERAI SAVItJGS ANO IOAN ASSOC~ATION
,~i FpRT PIERCE a~ fwf Pieres, Flatd~, tM wm of 1. 1~0 • O0_.___ w,rh ~nures~ ,(rom dae af tM rat~ of 8• 7~ 96 pK ~nnum, in
rt~on~hl~ ~nsu~lmem~ follow~: S 177• 19 on the 10~h day of -7anudl'V 19_ZB.. ~nd ~ lik~ ~vm on
rhe co~retponding day o1 ~sch month there~ft~+ until rhe whol~ be fully paid.
Each inst~tlment Iinf ~halt b~ •pplied in payment o! the inter~~f •nd then on Ihe u~pa~d b~l~nca of ~h~ principal tum. tf det~ull i~ made
~+?+e psymam of •ny inat~l~mer~t wlttn due, and suci+ d~fauM cominw~ 30 d~ys. Ihen at the opho~ of tM holdt?, ~nd without •ny othtr notitt.
, t ~he rem~eniny inst~llm~nts ~hall b~ dve •nd p~yeble once Privile9t is yiwn to prep~y ~h;s nore in whols w in put ~1 •ny 1'uM without
v<.,af~y ~ N~iihsr forbeu~~, no? accept~nce by ~he ialde~ tlureof ~h~r ~ny defaule in any peyment he.eon. sh~ll b~ dtimed ~at~n~ion. A late
oaymsnf charpe of = 8• eS fhall be assetsed tF» 26th day of the momh. ~f a~e9~tar bu~inest d~y, w, if nor • regul~r businesi day.
~hen ehe n~xt bui~n~a~ day. on each monthly in~raltmsnt not th~n rKeiv~d.
Esch maker, awNy and er+dorsa~ hcreof, jointly ~nd severatfy, w~ive• dem~nd, presenement prote~t and not;ce oi prot~st fw nonp~ymer+?, ~nd
fw~hea agree~ to ~ny e:t~nsion of tim~ of paymM~, e~thK befw~ or •hk ma+urity, w~rha,~ notl~e +o any of w; aod to psy ~II costs of collection.
~~:t~d~r~g a rc+fo~~ble +„o?ney i ft~ in the evsnt of any d~fsult hereunder. a~d Aereby aeverally w~ives •li ben~(it of hom~st~~d ~nd ~~ctmption u~dt~
~he consurut~on ar.d law~ of each S?~tt of ~h~ Uni~ed St~tss, u p~~nse thia• oblfgation w any exrension a rtn~w~l Mreof.
s/Harry M. Schindehette r~~~~
Stafe documeNary stampi in th~ •moum (SEAU
of s--------------- s/Jacquelyn L. Schindehette ~sE„u
e;fi¦ed ro tM mwt9p~ ~~eur~d M?~by. (SEAt)
NOW, THERffORE, th~ MORTCsAGOR for rhe pu.pose of tecurinQ psyment of s~~d :um of i ~nd tM pNfotmanc~ of tFN
covenant~ •~+d .pr..~.wnn Mre~~air•r ~:pres~cd, and fw divcrs yood ~rx1 valu~ble ca+sidr.ar~ona, by tMs~ pn~nt~, dot~ 9r~e1, barp~in, ~~11, remi~~,
retease, tonvey'~nd tonfirm unlo th~ MORTGAGEE. it~ tucceison artd a~signs. eU tA+~~ catei~ lot. pittt w parc~l of land, iifwt~, IririQ, and beinp (n tM
~a,~~ ~ St . Lucie ,,,d st.M of flo.id,, deu.~b.a tol,ow.:
Lot 7, CANOE CREEK SUBDIVISION, according to the plat thereof recorded in
Plat Book 18, page 9, of the public records of St. Lucie County, Florida.
By agreement of Mortgagor and Mortgagee on file with Mortgagee, the within
~ortgage secures not only an existing indebtedness, but also ADVANCES to be
HER6ARTER made by Mortgagee to Mortgagor the aggregate of which will equal
the principal amount specified in the promissory note secured hereby.
This is a corrective mortgage designed to correct an omission of the Balloon
Clause, mortgage dated November 23, 1977 and recorded in O. R. Book 277,
page 2292, of the public records of St. Lucie Courity, Florida, and upon which
intangible tax has been paid as evidenced by receipt No.. 372005. ~
Rece'rved s l~sy-~- p~y~1eft Of Taxes
. ~ue On C1ass "C" lniangible Psrsor~elProperty,
Pu?~,ram 7o Chapter 71. 134. Acts Of 1971.
~ RQG~R POITRA$
Cle?k Circuit Court, St. Lucie, Co., fls.
~=~gcrher with ~0 ~nd sinpulu ti?~ qn~rrNnt~. A~r~dibm~nn and ~ppuruncea tMrwnto bebn9ing or in anywis~ ~ppKqinlnp tMr~b. and ~II nnt~, hsw~,
~~eceed~ ~nd prof;h ~ecruinq ~nd to ~euw from ~~id prMrsis~~. •II of which ars ineludd in tM sbov~ u~d forpdrp dMtrlptfon w~d Mb~nAwn.
TO MAVE AND TO MO~D ~M ~bov~ d~wib~d ~nd p~ant~d p.~miw unfo fM u!d MORTGAGEE, in ~vcuuw~ a+d ~alpna forw~r. Md th~ s~1d
their
~r~RTGA~,pR fa l~tn, ~x~cuton, ~dmin;~trawr~ and ~uign~, Mr•by cov.n.nn w~rh tM s.id MORTGA(sEE, in wcqaon .nd asfpm,
r~,,r the-~/ arQ I~wf~R qiz~d of tM s~id p di~chup~d fran dl II~ ~nx~?
y pnmisN in fM sim 1~; tMt th~ a~rrN ~r~ frN, clNr ~nd
e~~~ce~ in I~w w tn ~qvity, ae~ th~* t hey wlll ~ed t he i r I,~~n sha11 w~n~nt ud d~hed tM tkN a th~ ~ p th~ wW
HORtGAGEE, 1» ~ucuswn ~nd wipM, fww~r patrrt tM lawful Naims and d~nd~ of all p~nons; .
PROVIDEO,.AIWAYS N+n H rh~ AAORTGAGOR ah.tt p~y unro rl+. MORTGAGEE rM p.omi.sory nor• h.r•inb~lw~ d~wtb~d ~nd il+~p Mdy, prompty
.~d F~IIr P~rfo~^+, d'ucMrp~. ~~c~cvt~, oomDl~t~, comPh wltb ~nd ~Wd~ by ~ach ~nd ~vKy th~ sUpubtiom, prNnwn». aonditlon~ ~nd oar~nts ot s~W °'o
c~om;s.ory raq aed of N+M Mortpp~, tMn thM Mwtpp~ ~nd th~ Est~t~ h~nby a«t~d ~h+l( uaN ~r?d b~ null and void. c°~~v
~c
IT IS UNDERiTOOD th~,t th~ wad "Mort~pa" wMtha in tM ~Gpul~~ or piwd ~nywlw~ in this JMorlppa. ~11 b~ ~Mpvl~r M on~ onty ~nd ~
~h~~! be ptur~l jo;,nly ~nd Nv~nly H enor~ th~n on~. ~nd thN tM word "fMi~" ~s w~d ~nywMn In ti?N Matpap~ ~MII b~ t~k~e~ ro n»~n "'hU.' "h~n,"
c, ,.~r~ " wMr~wr tM oom~:t ~e MnplfM w~dmfn. Alw, tMt wMr~wr M~n b• nf~re~a M tM cown~nb and ~Qr~nM Mt~(n aont~tMd fo ~np of ~
rn~ p~rtiN lwr~to, tM un+~ N+sll M oorntro~d /o rrw~n a w~!! a th~ Mt», lp~l rp?t~Ntllwr, wanwrs ~nd aslpn~ (dN~t volvM~ry b~r ~et of th~ ~
p~rti•~ a rnrolumNY bp oPpdton of th~ Iwv) ot tM ~anw ~nd tF?st ti+a eov~nann Mnin eonnierd shalt btrd N+d th~ b~fl» ~nd ~dv~ntpM Inw~
ro ~M rhp~ttiw MW. Ipd np~m~tlvM, wa~aon ~nd ~w!pm of tM pufiN Mr~to. ~
to •~d ~ tM u~GAGEE,~waNwn Md Ipd r~pr~wnt~tlvu, waNSOn and awipns. 1»~~by joinfly a~d wwr~ll~r oov~nt ~nd ~prN ~
u~ipn:
1. To p~y •11 .nd ~bM~u.~Mr
+.hL., ptndp.l .nd Im.r.a .nd Nw v.~aw .nd wnd.y ~w++a of n+on.r WY~bI. by vt.~w of .aW P.a*~,~orr na+. Md tAM ~
m~1q~. NC~1 Nld ~'VMr~ P'•r"7^~7 ~~~~M~Ct1W~ 1~N N11M N'V~f~~~ bK~O11N dIN. ~ ~
2. Te pap di ad Miqrln t!w tu~~, sw~wnwnM. Iwla. IkWlhiN, oblip~riorn ~nd Mcwnbranc~s of ~wry mtur~ and kM+d now oe aNd d~wlb~d ~
~+op.np. a tMt hn~~ ~Y b~ M~pewd, wff~d, a~pd, IwNd, a w~wd tMnon, « thn hu~ah~r nwr b~ Iwl~d a~Nd uoan thY MortP
•y~, w t)w Ind~M~drwa warr~d hu~by. Nd+ ad ~wry. wMn dw ~nd p~y~bl~, aeeaQtnp ro I~w, b~fon th~Y b~ean~ d~ilnqwnt. ~nd bdon ~eqr 1nNrNt
e~f+chea or My p~n~lty 1~ lnurrtsd~ ANC INSOfAR AS ANY TMEREOF IS Of RECOR~ TNE SMAE SHAII dE ?ROMNTLY SATISf1ED AN~ DIiCl1ARGE~ OF
REtORp AND THE ORtGINAI OFFICIAI DOCUMENT (SUCH ~AS, FOR INSTANCE, THE iAX RECEIPT OR THE SATISFACTION PMER OFFICIALLV ENOORSEO
OR CERTIFIEO) SHAII dE IUCfD IN THE HANDS OF SAIO MORIGAGEE WITMIN TEN DAYS NEXT AfTER PAYMENT; ~nd in tM ~wnt thN Nly M~tiof b epl
os~d. ~aesfi~d and di~durpee! N;d MORTGAGEE may ar ~ny tien~ p~y tM umt a~ny part t?~wf withow w~ivinq o~ ~ff~etinp ~ny opt;on, Ii~n, puMy or
•;~hi und~r a by vi?tw ot thl~ monpp~ ~nd ~M fvll amount oi •~ch ~nd ~v~ry such payrrHnt ~h~tl b~ imm~di~t~ly dw ~nd p~y~bb ~nd ~MII b~u IntNa?
~.a„ rM d.i. ~Mr.o~ vn+r~ p.~d n r.~. ot nin~ p~r c~n~um p~r •nnvm ~nd rop~?hN wlth wd+ im~r~st ~h~lt b~ ~ecw~d by 11» Il~n d Mis n~ory~~.
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