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HomeMy WebLinkAbout2437 ~~rF~t:cTZ~?r_ ~toE:T~~1~t;r i~Q~`7~~ t: . THIS (NDENTURE, Made ihe- Sth day of y - A.Q. 19? 5-, between ~dilfreci r• . Chal;igny, a single adultiand ~tax j4~ie r. fi111.4tt~ a single adult ~t I.ucie { ~ of • , Covnty F?orida, hereinafte~ des~9nnted as ~he "h10RTGAGOR," and ~IRST fECERAI SAVINGS AND IOAN . ASSOCIATION OF iORT PIERCE, a corporation organizcd and zxisting undet Ihe laws of Iha United Statas of Ame~ica and havir.fl its principal place of business in the City of Forl Fie~ce, St. lucie Co~nty, Fiorida, herefnaher designated ~s the "MORIGAGEE:' WHEREAS ti~e AtORTGAGOR is jwdy indebted to ihe MORTGAGEE in tha s~m of 5 9~~~~ sU~ good and taw{ul money ot the United States advanced by tha MORTGAGEE unto the MORTGAGOR, as evidenced t•-y a cerlain promissory nofe of eve~ date herewith, oi wh~ch Ihe following in words and figures is a true copy, to-.vit: - S 9~ 000 . 00 ~ . ~ No 19000032 _ - Fort Pierce, Florida, ~i~ y S --19 75 for va~~e received, 1, ~va or either of us, prom~se to pay, w~thout defalcation, ~o ~he order of fIRST fEDERAI SAVINGS AND LOAr! ASSOCIATION OF FURT PIERCE at Fort Pierce, florida, the sum oi S_ 9l~~'Q~ _~v;th interest from date al the rate of $~75o per annum, in monthly install- menis as fol!ows: S__?~!~n~ on ihe __?~tttay of ALIqLiSt _ ~9__7.5_ and a IiAe sum on the corresponding day oF each month there- after until th~ who!e be fully paid: - . Each installment {irst shall be applird in payment of tha interest and then on 1i~e urtpaid balance of the principal sum. If defautt is made in the' ~ paym~N,of any instaltmert when dua,_a~d such de(ault continues 30 days~ ~hen a1 Ihe eptien of tha holder, and without any other notica, all the raraining installmenrs shal! be due ar.d payab!e af once. Privileye is given to prepay this note in v~holc or in part at any time withoul penalry. Neithe? iorebearance, nor acceptance by the hofder the~eof after any d-cfautt in any paymeros hereon, shat! be deemed extension. A.late payment charge-ofS.-3!7O ~hall be added to eech installment, remaining unpald-7 days afler its due date, and a I~ke sum sl~all be addzd to each such installment remaining unpaid 7 days aftet each svcceedirg payment datt. ~ ' . Each maker, surety and endorser hereof, join!ly and severatly, waives demanJ, preseMment protest and notice of protest for nonpaymenl, and further . agrees to any exrension of tinie of paymen?, either b_fore or after marurity, wiih::ut not:ce to any of us; and to pay all costs of cotle~tion, includ~~g a reasonabte attomey's fee in the evene of any defautt hereunder, and hereby severalty waives all beneiit of homeslead and ezemption under the constiiWion ~ and laws of each Srate of the United States, as against this obtigation or any extens;on or tenewal hereof. Witness the hand and sea) of each party. . ` ChrytlC~ny (SEAL) , s tVilfred F. (SEAl1 - - s ,tarjorie E. •Rlli.ott ~sEA~) . - ' - . ~ ISEAI) ( ~-~aate--R~~ren~e . - . . (ltdntp! L~ff1ClM~d'bR bA~N~~l~fSfP) NOW, TNEREfORE, the A10RTGAG~R for the purpose of seturing payment of snid sum of S 9~ , and the pe~formance of the covenaMS and agreements hereinahet expressed, and ior divers good and valuable considerations, by these presents, dces grant, bargain, sell, remise, release, convey and confirm unto the I~IORTGAGEE, its successors and .assigns, all fhat certain lot, piece or parcel of land, situate, lyi~g, and being in the Co~nty of St . I.uCle , and Stale of Florid~, described as follows: ~ Lot 16, I31ock 471, PORT ST. LUCIE, SECTIO;V 2b~ - as recorcled in Plat Fiook 14 pages 4.~ LtA, 1.~B and liC~ ' of the public recoxds of St. I_ucie County, Florida - - ~ ~3~aa -~~s -o~77~aa% - - This is a corrective mortgac~e design2d to correct an erroneous lec~al - - descrip'.ion appearirg in that certain mort~ae7e of even date here~vith recorded in O:n, i3ook 239, page 127~i of the public rec~rds ;,f ~ St. Lucie County~ Florida~ and upon which intangihle tax has been paid as evidenced by receiPt ~'o. 375843• - ~ _ _ . _ . - _ - , - ~ t~~~-~-~,"G.` - - _ '~ti'1--~ IN PAYMEt1i OF 7AXE5 ~ RECEIVED INTANG?BlE PERSUI'U~L PRQ~RIY, - pUE ON TER 71•134. 1~iS OF 1911. )ll . _ : - " _ - PUftSUANT 70 CHAP ~RJ?S ~ _ , ROGER P~ - . . C1.ERK CIRCt111 C~URT. SI. 1J1:1E CU•. ~ _ - together with all and singular the ?enements, hereditaments and appurtances tFereunto belonging or in anywise apperlaining tnereto, and aU reMS, issues. ~ proceeds and prufiTS auruing and to accrue from seid prem~ses, alI of which are included in the above and fwegoing desaiption and habendum. • j' TO HAVE AhD fp ?{OLD the above de:cribed and granted premises unto the said MORTGAGEE, its successerf and assigns forever. And ths said ~ their - MORTGAGOR for heirs, exec~tors, admin;strators and assigns, hereby covenants with the said N50RTGAGEE, ist svccessors snd a::igtu, ~ the are ~ ~ that lawlully se;zed of the said premises in fee simple; that the same are free, dear and discharged from all liens and entum- bran:es in law or in equ;ty, and that- trej~ will and t heir ~eirs shnll warranl and defend thr title to the •ame to the sald f MORTGAGEE, its successors and Assigns, forever agai~st the lawful claims and demands of all penons; _ , - - PROVIDED, Al\YAYS that if the 141~ORivAGOR shall pay unto ihe MORTGAGEE the promissory note hereinbefore deiuib-~ and shall truly, promptly o~ and fully per(orm, d~scharge: exec~te, complete, comply with arrd abide by each and every the stip~tations; agreements, conditions and tovenantt of said x " prom~ssory note and of this Mortgnge, then this Nlortgage and the Estate hereby created shall cease and be null and void. ' _ IT IS UNDERSTOOD that the word "Mortgagor" whether in fhe singular or plurol anywhere in this Mortgage, shall be singular if one only and shall be piural jointly and stverally if more than one, and that Ihe word °their" as used anywhere in this Mort9age shall be taken to mean "hi~" "her:," or "its," wherever the contexr so implies or admits. Also, that wherever there is a reference in the cevenanls and agreements herein contained to any af the parties hereto, the same shall be construed ro mean as well as the heira, !egal representatives, successors and assigns (either volumary by sct of the y~„ parties or involuntary by operation of the law) of the same and that the covenants he~ein contained s!~all bind snd the benefits and a~vantngts inure ~ _ to the respedive heirs, legal representatives, successors and assTgns of the parties heret~_ ~ ~ And said Nbrtgagars, fot themselves and their heirs, legal representatives, suttessors and assigns, hcrehy jointly and severally covenant and sgree ~ - to and with the said MORTGAGEE, its suctessors and assigns: _ _ ~ l. To pay all and singular the principal and interest and the various and sundry sums of money payable by virtue of sai~ promissory note, and this mortgage, ench and every, promptly on the days respectlvely tha same severally become due. _ ~ _ 2. To pay all a~ -~:~lar the taxes, assessments, levies, liabblities, oblegations and encumbrances of every nature and kind now on said desuibed - property, w that here.." a~y be imposed,. suffered, placed, levied, or assessed thereon, or that heteafter may be levied or assatxd vporf this hAortg- age, w the indebtednes? :.,t. ~ iereby, each and every, when d~e and payable, according to Isw, before they become dalinq~ent, and before any interest attaches or aoy penalty i r- d; AND INSOFAR AS ANY iHEREOf IS Of RKORD THE SAME SHAII 8E PROMPTLY SATISFIED AND ~ISCHARGED OF - RECORD AND THE ORIGINAL-OFfIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDOR~ED OR CERTIFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE Y~ITHIN TEN DAYS NEXT AFiER PAYMENI; and in the event that any_ tkereof ia not paid, sat'sfied and discharged sa:d l1lORTGAGEE may at any time Fay ihe same or any parf fhereof without waiving or affecting any aption, litn, equity or .iqht ~nder or by virtue of ~his rtwrtgage and the ~ull amount of each and every such payment shall be immediafely due and payable and shall be~t interest _ from the date thereof vntil paid at rate of n~ne per centum per annum and together w~th such interess shall be secured by the lier~ of th:s rnorgtage. • - - `--~f f