HomeMy WebLinkAbout1408 CORRECTIVE MORTGAGE ~4'75~8 ~ ~
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Tri~S E. tti`e - 1st-- - dry of .-'1T~7~!'~'~-- - - AG. 1b1~' ~ t - -n
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_ _ _ _ __DHARLES- R. - O' DONOVAN- ~1ND KATNERI N~ O-' DONOVAt1T- #I~S -WIFE - -
or St. Lueie__-____-_1 Ceunry F:or'da, ht+r.naftp deer:yr•eted as t?+e "M~RiGAGGR,° and FIRST F,Ci2Al SAVI`rGS AtiD 104N
%•SJ:IAT~ON GF FGRT PIER:E, a co+po•at•on o•gar:'_e3 and e,[at:..q un_cr the Irw•s of the hni,ej Sratas of An.erica ?r,d ha.•ing ih p+inrtd piste of
r. s.: eas in ?he City of Fnn F,eru, St. lire:e Co..nty, f.o+i~a, Rr•ei-:after dra~g'.eted as th.CC"ppA1CR1/v~~%.GEE
r:REAS t=.e M~kt:,~GOi' ie j_atly ir+;;eb•ed to the A1~8itiPG'E.in tt,e sum of Sat9re0QY,-Q0 _ _ ,good and law•fui money of the Un'ttd
- ~ ro ad..•.cro by t=.c t. Wit'=a>cE v^to tie M~iily-GAR. ss ...ctn.;-dcy • ce'•a:~ p•am.asory n:,,e of :.en def. ferewah, of which t!.t foCow:ng in
A ..a .,d I ,~•_a is . ro,-y, t>+vit: No_ - 0~?~2.444 -
58,000.OQ - 1-----------. 19 Z4_
tae .a':.e rcce•~ed. we. o• e-:nt' of us, p'oT ere to pay. ,w[,hout ceta•:r' W, to c r.•dt• cr } 'ST FEDERAL SAVWGS AND LOAN ASSOCIATION
• -,SRS V;ERC: at Fort F e•:e, F:cam ba. tic s..T of 3. 58,000.UO _ _ with :-;,revs: fir care at the rate of __-14,~-ti per annum, in
-rr~a ra _~y s696.10 _ - _ on ,ne lo„ ~t, o; _ _ _--tune - - . Ip-lg _ and a r\. sum on
- e. day of tacF. r;,-.h. :.e:raf,t• un,:' the r,hn'e De fury ;rid
Each ,rs•e: T.em fret s~ah be ep; • cd m :ar~r.em of the in'e rst a=.d t+:en .7r, ti.e u~;•e~d bs•ance of the p'.nupal sum- If defeuit is medt
- tre payment of any i.^.ataLr.Mt when sue, end such defauh contai_ea 30 days. then a! env ept•on of t~.e holder, and witiwut any other notice,
n'--, me reTai,ing ir•atahmM+s shd! be dire and peyab;e at once- Privilrge is given to prepay thin note in whole or in part at any time without
r~a•ty. Keither iorberanpcer.~ rsot accepTance b~ she holder thereof after any defauh in any payment he•eon, s?at1 be deemed e,tens+On. A bte
. _,-+rm ca•erge of S34~DS1-- shall :•e essessed :M ?6th day of the month, if a regv!ar business day. o?, it not a regular business day.
the re¦t b.a+~rsa day, on eah monthly ina~al:men: not teen received.
Each ar~er, su:eTy and endorser hereof, jointly and sc.erally, w•aivea de+.and, p•esentrnent protest and notice of pro•eat for Wont.. -.Mt, and
°vr!r•c. tg•eea to any a:•truion of time o/ payment, either be*ore or after maturity, without noti:e to any of us; and to pay all costs o• colicr.wn,
~uding • rcaso•.ablc attorney f fee in the event of any default hneunder, and he+eby srverally waives all benefit of homestead and ea~-r.wwn c•.JeT
rnt constitutor. and Taws of each State of the iinitcd 5»tes, as against thin obhgat,on or any .,tension or renewal hereof-
S/Charles B._ _0'Donavan-- - ;s_A~•
- - iSEAI+
5•erc documenUry stamps in the amount y'y ^
o? S87 00 are SI~Lher~L~J-J~11iO~an-- ISEAl1
eff~,cd to tM mortpepa ,awrad haraby. - ~ (BEAU
NO'~Itl, ir._REFORE, tiers MORTGAGOR for tM pu*pose of securing pavmcnt of laid zum of s5g,onn_nn and tM pe•fwmanca of tM
co.enanta and rgre:menu fsere:rufter espressed, and for d++rers good and value!^le considrrs•t:one, by these presants, does grant, bargain, sell, remise,
...ease, convey and confirm unto the MORTGAGEE, its wcceasors and assigns. et: that certain lot, piece or pa:ctl of land, situate, lyirsp, and being in the
County of $t. Lucie and State of Fbrida, desvibed as fotlowa:
That part of the South one half of Tract 9 lying Easterly of New U. S. l~l, less all lying
East of a line 300 feet West of the West right of way line of Old Dixie Highway, RESUBDI-
VISION OF SURORA HEIGHTS,as per plat thereof on file in Plat Book 7, page 14, Public Re-
cords of St. Lucie County, Florida, lying East of the New U. S. Highway No. 1.•,
By agreement of Mortgagor and Mortgagee on file with Mortgagee, the within mortgage secures
not only an existing indebtedness, but also ADVANCES to be HEREAFTER made by Mortgagee
to Mortgagor the aggregate of which will equal the principal amount specified in the pro-
missory note secured hereby.
This is a corrective mortgage designed to correct an erroneous legal description appearing
in that certain mortgage dated May 1, 1979 and recorded in O.R. Book 308 page 2705, of the
Fublic records of St. Lucie County, Florida, and upon which intangible tax has been paid
i as evidenced by receipt No.483758.
• Ret:elV~ S ~ In Payment Of TaXN
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Due On Class "C" Intangible Personal P~opeAy,
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pursuam To Chasttsr 71, 134, Acts Of 1971.
ROGER POITRAS
~ Clerk Circuit Court St. Lucie. Co., Fla.
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a •:-yrrlvr wish all and sirpular tM tenerrwnts, Mred~rarr><nts and appurtancn thereunto heionpinp or in anywise appM.ininp /M?.to, • dt renri, iaswa,
ncceds arsd profas awuirp and to acaw from acid pramnss, all of which an :ncluoed in 1M show and fora9oirsp description arsd Mbt?rsdurt>_
f TO HAVE AND TQ H,OLD tM above desuibed and panted premises unto tM .aid MORTGAGEE, its avccenon and osipro forever. And tM uW
~~?GF R fp tllelr Mtn, aaecutore, administrators and assigner, Mreby coven.nn with tM said MORTGAGEE, Ire auccesaon and assign,
t~iev are
-a• - lawfully s•.:ed of tM said p•em,aas in tae simpls; that tM serer.. era iraa, cigar and discharpad from ail INN and erxvrt?
h•,r.res in taw a in equity, and 'Mtn they will and their Min ahdl warrant and d.fnd flse 11th to tM erns. tQ tM acid
:•~kTGAGEE, t» succeuors-and aaeipro, forawr apalrrt tM lawful chimer and demands of all persoro;
PROVIDED, AlwAYS that H tlr MORTGAGOR atoll pay unto tM MORTGAGEE tM pomiasoryl rat. Mrainbafore daaaibad and .hall holy, promptly
.-d fully parfwm, ducharpa, aaaMe, ronspbta, comply with and abide by each and every tier. nipsrbtlone, apreamante, condition and oovarunb of acid
_-,ssory rota and of thin Mortpepe, tlsan thM Mortpape and tM Eauta hereby vaated atoll aaaa and be rsult and void.
IT IS UNDERSTOOD that tM svotd "Mortpepor" whathar in tM einpubr or plwal anywhere in ihie Monpapa, .hall be slnpulat ff one only and
t~?t: be pluralpimly and avardly N more iMn oM, and tMt the wad "tMir" a used anywMra in thin Monpapa shall be takers to rroan "hfa," "Tsars,` ,
'errs." wMrawr tM comattt e0 4rsptiee or admNa. `Atw, that wMrever there b • raferenca in tM covenants and ayraamenle Mrein tpTStalrsed to any of
me parties Mreto, tM ans. ehsR a Cp,etrved t0 mean ere wall a tM Min, opal rapresamativae, autYeeson and suipro teltlaer voluntary by act of tit. toae~
y +,•,:es a Mvoluntary by opantbe d tM law) of tM ears. and that tM covenanb herdn contained sha8 hied end tM banefns and advantaQee Irssrra oye
+c +he respective Mir., Ipd represenbtiveb succaseon and ew'pro of tM parties 1»?sto. :fe
And acid Mortpapore, ter theaaalvee and tMM Miry. bpd repraantativn, atxcaaaon and assipro, Mreby jointly and Nvarelly covenant and apnea
.mod with the aid MORTGAGEE, he auaesaon and auipro: '
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1. to pay dl and sl+spsrbr 1M prlndpal and Mareet and tM vauiow and sundry some of nsorsey payable by vlrtw of aid promkeory note. and thM
-•o"g•W, e?ch and every. promptly on flte days reypectiwl~ tM ame severally bttcae. due.
1 ie pay all end eirsOsrter tlr N:w aeeaeansents, btrbe. IiablMiae. eblipN:oro and •raarrrsbrarsne of every netsrr~ and kind rsow on saW dewlbad
~ c•owny. a tMt hareafier nsey be Mwpoeed~, suffered, placed, levied, or eweased tMraon, or tMt Mnaftar may be {.vied of esaasaed upon thY IMortp
1 rye, or tM fndeb+ednass ~acsrred Iwaby, ends and ovary, when dw and payabb, according to bw, bet«• -tMy become datinptreM, and Mfon any Interest
,••,c~tes er any penally N Incs,rradr AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SMALL 6E ?ROM?1lY SATISFIED AND DISCif,?4RGED OF
o'. ~ORD AND THE ORIGINAL OFFICIAL DOCUMEtdT (SUCH AS, FOR INSTANCE, THE TAX RECEI?T OR THE SATISFACTION ?MER OFFICIALLY ENDORSED
G~ CERTIFIED) SttAll fIE KACED IN 1ME HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER ?AYMENTj and M tM awns tMt every tMreof A root
c.~d tar sfrad and drecharped aid MORTGAGEE may et any time pay tM sans. a any part tMreof without waiv'srsp w affatt'aq gray option, ton, putty or
'•ati+ under a by vtrtw of this mortgage and tM full amount of each and .wry wch payment ahdl b• immediately dw and payabb and ahdl bear Intarast
r•;.T the dare t•.a~eor until paid N rata of nine per tenrum per ann,rm and topetMr with Guth interest atoll be secwed by tM lien of chit morptepa.
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