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HomeMy WebLinkAbout0507 ~~?~y~~Q CnRR6~CTYV3 hf~RTGAGB ' ( . ; ~ C~ `f iH15 INDENT~JRE, A1ade Ihe_~~c~_._- day ~r - _ _~ri~ A.D. t975_, betwern - ^ ~ ' i _ ~ - Jess~ ~o Revela ar~d ~th~l L,~`~vels, hi~- wife of St• j..~~~ ~,~;nty Florida, hertina(tet dlsigneted as tha "MURTGAG~R," and FIRST FEDfRAI SAY~4GS ANp LOAN j ASSOCIATION OF faRT PIERtE, a corpcrat~on organi.ed and .x~stiny undat the (aws of the United Stelan of America and h~ving it~ pcintipal plece of businet~ in the City oi Forl Piercr, 51. lutie Co~nty, Florida, hereina(trr deaignafed as tht; "AlC~ATGAGEE:' VIHEREAS ~he h10RTGAGQR ii justly indsbted ro tha A10RTGAGEE in the sum pr s._ 33~400~00 , g~od and lawful money o( the United $t~tes advanted by tha i.IORTfiAGEE unto the MORTGAGOR, as evid2n,ad 6y a ter;ain ptomissory nota of even date hetavi:t4, of wt~ich the lollo~ving in words and figuret is a trvv cvpy, to-wih . r s 31~400.OQ r.. ].0021299 _ furt Pierce, Flcr~da. Apr 3.1 25 19 75 For vs'~e ~eceiveJ, I, wr or eitber o( us, prem~se ~o p. ~vithout dafalcat~on, to tL-e orAer of N~2S1 FEDERAf SAVINGSS AN~ IOAN ASSOUATIO:~i OF ~ FOP.T PIERCE at folt Pierce, Florida, the svm os s_ 31~4~~~ ~,Y;~n intcrest from date at Ihe rate of a~?'G per annum, in moMhly inslall- ~ ' ments a~ fol!owe: $25g' ~ on the 20~h day of _`J~e i9?5 _ and a like sum nn the correspond~ng day of each mont~ there- ~ ~ after unti! the whole ba fully paid. , . ~ Each -installment iirst shall b~ bpplied in payment oi tho intaresl and_ then cn the unpaid balan;e of tTtia princlpa) sum. !f defau~t {s mado in !he f paymant of any instailrr.ent vrhen due, and such d~favle con~inues 30 days, then a1 thr opti~n o~ Ihe holder, and withou: any othe~ naticc, all tha remaining instalOrrenb shall be dve and payabte ai once. Privilc~9e is fliven to prepay this nate in who!e ~r in part at any tima wi!houl penalty. .Neither forEl.earante, nor accepirnce hy the F.cfd~r Ihereof aftrr any defau~t in any ~yrr.;nts hareon, sh.~l~ be deemed extension. A late paymertt charge of S~'~' • 95 ahall be _ ? R added tu erth installment remain~ng vnpaid 7 d~ys attcr its due ~lete, and a lii:e sum shall,be added to each such in3±allr.ient remai~r~x~ ur.paid 7.days aftet ~ . _ eath succeed~ng payment datz. ~ _ Each maker, surety and endorser hereof, jointly and severally, ~vaives dumand, presentm,en: protest and notice of protest for nanpayment, and further ~ - agrees to any extens~on of t~me oE. paymenl, e~ther u~fore or atter maturity, •xiihout r.otice to any of us; and tu pay all costs of collectioii, including a ~ reesonab~e aitorncy's fee in tha event of a~~y defavtt hereunder, rnd herrby severalty ~+•aives at! benef~t of homastead and exemption u~der the constitution _ and laws of ~ath $tate of the United States, as ayninst lhis obiigat+on or any extension or renev~al hereof. ~ ' ~ Witness tha hand and seal of each F:ar.y. • s,``,.-s , i; _ ~ s/Jesse L~. Revels cseAi) ~ (SEAI) ~ . - s/Bthel L.~ R@Ve15 (SEAI) . ~ . . (S~u ~ ~ I 'f State Revenue . - ~ (Sir~N..o~r~a~i6~i.wn.++i~i~aL ~~t~ - , 31 4~~ end the erformancc af the ~ DtO~V, THEREfORE, the ±AORTGAGOR for tha purpose of securing payment of sa~3 sum of S ! P ~ tovenants and agreernents hcreinafter expreszed, and For divers gocd and valuzf~te m~siderations, by these presents, does grent, bargain, sell, remise, reiease, com•ey ar.d confirm unto the MORTGAtafE, i?s s~ccessors and asiiqns, ccil that c:rtain lof, piece or parcel of land, situate, lying, and being in !he Co~.~nty of $t • Lucie _ , a~d State of Flor+dj, desuibed at foltov.s: . _ ~ _ ~ The East ~s of Lot 10~ Block A~ WINDMILL V~LLAGR BY THB S&1, UNIT 2~ according to ~ the plu~ thereof on file in Plat Book ib~ Page 31~.Public Records of St, Lucie x County~ Florida~ . ~ S/~- gl~ ° QG~/~- ~Q!~/ ~ _ ~ " . - - ~ - - . ~ - ~ ~F ~ L'e-i{eG~~~ e i oN ~ 0. N ~ - - ~ . T~ ~~vr,~~~ ~rr Par,~ . ~qprER ~ F P~p~:, 4rr r~x . - _ - ~ws ~~~R ~~r~~acrs`of y°PFRIY,~ _ ~ - This is a corrective iaortgage designed - _~_~~E c~ ~ ~ ~ - ta correct an_exroneou~ legal descrip- { - tian appearing in that certain mortgag~ _ .s - _ of zven date herewith recorded in O,R. ~ ' - Book 238 , Page 28~0 , af the Public ' ; - RecoYds of St. 3.ucie Cvun~y, Florida, - ~ _ • and upon which intangi~le tax has been " - ~ paid as evidenced ~y ~receipt hos 375716:~ _ t ~ : ~ togelF~r with ai! and singular tne tenements, heredi~aments and tppurta~ces thereunto belonging ~r in anywise appertaining theteto, and aU renta, is~ues, ~ proceeds and ptofits acc:ving and to accrue from said premises, all of which are included in the abova and foregoirtg description and habendum. 70 HAVE AND TO HOID the above de:cribsd a~d grarteil premises unto the said MORTGAGEE, it• auccessors and assigns forever. And the said ~-h'~~'r heirs, executors, adminis~rators and assi ns, hereb covenanis with the said MORTGAGEE, its sutcessor3 and assTgns, MORTGAGOR for 9 Y - the a~re that ----y---•-- lawfufly aeized oi the said premises in fee simple; that the same are free, clear and discharged from all liens and ancvm- brences ~n law cr in eqvity, and that they will and thelr heirs shali warrant artd defend the title to the same fo tfie said - AAOkTGAGEE, its successon and assi4r±s, {orever against the lawful claims.and'demands of all perso~s; _ " PROViDED, ALY~AYS that if the iV10RTGAGOR shall pay ~nto the MORTGAGEE the promissory note herfinbefore desuibed and ihell truiy, promptiy - an~ fully perform, d~scharge, execute, comptete, comply hith and abide ~ by each ~nd every the stipulations, a9reements, conditions and coveoards of said ~ promisswy mte and of this hiortgage, then this hlort~a9e and the Eslate he!eby created snall ceasa and be nul! and void. IT IS UN~ERSTOOD t'~at the ward -"Morl~agor" whether in the s~ngo~ar or p~vral anywhere in this Anortgage, ~hall be singular if ona only arsd ~CO shall be plvral jointly and severally if mxe than one, and that tF.z word "the+r" as uted anywhere in this Mottgage shall be fatien to mean "hii;' "hers;' . et "its," v herever she conte:t so implies or a3mits. Alza, that wher:: aet- there is a referencs in the covenantt and agreements herein contained to any of tha Fartiet hereto, the same sha!I.ue consuved to mean as we11 aa the heirs, legat representatives, successors and assigns (either voluntary by act of the parties or involuntary by operation of the law) of ihe same and that the covenants herein conlai~ed shall bind ano ihe benefits and advanfegd invn to ihe res~ective heirs, legal represer.tatives, svccessors aad air.gns of the part~es hereto. And said Mo~t9agon, fa? themselves and their 1~ei;s, ~era1 representatives, svccedsws artd assigns, h=reby joinily artd severally "covenant and agree to and with the faic~ MORiGAGEE, iia successors and assigns: . - ~ 1. To pay all and sinavlar th~« princEpaf and'i~terest and ohe various and sur.dry sums of mo~ey oayable by virtue oF said promissory note, ano this mor~gage, each and every, promplly an fhe days respectivety tF.e same severelly txcome due. _ ~ " - ~ 2. To pay all and ~ingolar k~e taxes, assessmcats, levies, I~abitities, pbliga!ions and encv~nbrances of ever~ nature and kin~' now on sri~ described property, or tha~ hereafler may be imposed, suffered, placed, levied, cr assesstd theraon; or that hereafter may be levied or asusxd upon this Nlortg- age, or the indebtedneas sec~red hereby, ea~h arx! every, when due and payabie, according to law, before they become delirtq~ent, and before any interesl attachrs or any penaBy is incvtred; AND INSOFAR A~ ANY THEREO~ IS Of RECGRD THE 5l+ME SFIALL 8E PROhA'TLY SATiSFIE~ khiD OISCHARGfD OF RECORO AND iHE C~RIGIPIAL OfflCiAl DOCUNIENT (SUCH AS, FOR IIV5Tr1NCE, THE TAX RECE!?T 02 tHE SATISEACTION PAPER OFf1UAllY ~NDORSED OR CERi1FIED) SliAli BE PIACED IN THE NAND$ UF SAID 1rORTGAGEE WITHIN TEN DAYS NEXT AFiER PAYMENi; ar+d in the event Ihat a~y thereof is noi - Faid, satsfied and d~scharged sa:d 11tORTGAGEE may _a! any t~me pay thr same or any part therecf without ~va+ving or affecting any opfion, lien, eqvity or •ight under or by virtue of this mortya3e a:~d fhe fcU amount of each and every such payment stiali be immediately dve an~ payable and shall beer intetest ~rom tF.e_d+te thertof until paid a+ rate of n~ne ~er cemum per annum and toge~her wlth such interest shali be secured by the Gen of th:s rttiorgts9e. ~