HomeMy WebLinkAbout1376 ' OORRBCTIVE I~RT^.fAGB ~
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THIS INDENTURF. Alada the 25~h day of ~April _ ~ A.P. 19 75-- botween
~3etty F. Campbr~ll, individuall and as uardian or t e@states of ,
A ur William Cam bel and BHrbara Diane C ~ c dz n of Si C
of amp eas , a~e ~r ~~es~en s~pou~e, ~ e a~,~ ~VINGS AND LOAN
~ oun?y r~da, erei a ter es~gnate as t e MOR O, an
ASSOCIATION OF FORT PIERCE, a corporat~on organized end exiiting undar tne laws~of IM United Statv~ oi~?n+~cite and having itt prirxipal place of
bu~i~es~ in the City of Fo~t Pierce, St. lucie Counly, flori~a, hereinttter destgnated as ihe "MORTGAOEE."
WIiEREAS the htORTGAGOR ii ~u~tly injebted Io Iha h10RTGAGEE in the sum of ~ 6~ 0~' ~ r , good and la~vful money of the Unitrd
Siafe~ advanced by ihe h10RTGACEE unto the MORTGAGOR, As evidenced by a certa~n ~tQAilsso~y ~o~e bf •overs~ dale herewith, of wh'sch thr iollowinp in
. words and figures i~ a trua copY. Io-tivi~: - _ _ _ _ _ : - _
s 6,000.00 _ - N, 10021300
_ fert Pierce, Florida, APY 11 2$ 19 75
for value received, I, we or either o( us, prom~sa to pa~~, without. defaltstio~, to the order of fIRS? fEOERAI SAVINGS AND IOAN ASSOCIATJON OF
FORT PICRCE at forl PizrCe, Flo~ida, the svm of 5-~?QQQ~~- v with interest (rom date af fhe rate of 9•~ °o per annum, in monthly inslal~• ~
ments as tollows: ~9•~0 on the2Oth day of J~e 19?5 and a like svm on the correspond]ng day of each moroh there-
after un1i1 the who!e 6e (ullv oaid. ~
c"ach installment first shall be applEed in payme~t of the interest a~d Ihen on the unpaio balance of the principal sum_ If default is made in ihe
payment of any installmer,t wnen due, and such dafault continu~s 30 days, then at the aption of li~e holder, and wilhout any other na!ite, a!! !hc remaining.
installments shall be due and payable at once. Privilege is given to prepay this note ~n whole ~r in part el any time witho~f penalty. Neither forebearance,
not atte~tance by the holder ther~o( after any defaull tn any payment~ hereon, shall be deemed eztension. A(ata payment charge of s_ 3.'45, shall be
added !o eech instatiment ~em->.in;ng vnpa:d 7 days a(ter its due date, and a tike sum sfiall be added to each such inslallment remaining unpaid 7 days after
tath :~cceeding payment date_ _ ~ _ •
Each maker, aurety and-endorser hereoi, join~~y and severally, waives demand, presentment protesl and notice of protest for nonpayment, and furihet
a~rees to any extension of time of paymen~, either betore or afler maturity, without ~ot~ce to any ot us; and to pay all costs oi collection, inctud~ng a
reasonable attorney's fee in the evcnt of any default herevnder, and hereby ssverally waives ell benefit of homestead and exemption onder the tortttitution
. and Iaws of each State of the United Statzs, as aga:nst this obligalion o~ any extension or renevia! heraof. ~ •
Wimess the hand and seal of,each party. _ _
- ~ : s/IIetty F-. Campbell, .~.ndi.v'idually and as guardian of ~sFnU
- - the estates of Arthur William Campbell and Ba~rbara Bia~i~ ~
- - Campbell, minor children of Sidne C. Cam bell Deceas~i~ ~
s ory L. ampbell, .~r . ~ is~?~~ .
a State Revenue • ' . • '
(SfaTplt'SI'RlMR~"Oh~O?~QifTd! TfOte) ' _ . - _ - . .
~ NOW, THEREFORE, Ihe MORTGAGOR for Ihe purpose of securing payment of said sum of ~ 6~~0• ~ , and fhe performence of the _ -
covanants and agreements hereina(trr expressed, and for divers good_and valuab!e con~id9rations, by these presents, dxs gront, bargain, selt, remise,
t_tease, convey and confirm unto the h10RTGAGEE, ifs successors and assigns, ali fhat certain lot, piete o~ parcef of (and, sifuate, lying, and being i~'the
Covnty of $t.~ LuCle . and State of Florida, described as foNows: - ~
Lot 38 (except`the Sast l00_feet thereof) of WHITB CITY, as per plat thereof on
~r_ • ~ o..~.. fl..s.~:,. ~~^.^`eri~ nf ~t_ i_»nin ~tn~t'ltv~ 1+"lnYt_ela~
i 11E~' At/ cyn~ avva~ ~ a uyc c..+' YVi.at,. ~ ~
This is a corYective mortgage designed to correct the names of the grantors -
appeari.ng in.that certain mortgage of even date herewith recorded in O.R.~ Book .
238, page 2842; of the public ~ecoYds of St. Lucie County, Florida, and upon v~hich
intangible tax has been paid as. evidenced by receipt No.375717.
' This mortgage is executed and delivered pursuant to the provisions of the order
authorizing encumbrance of property of ward entered by CiYCUit Court in_Case No.
75-229 on ..~une 3, 1975. . - . _ -
~i~~ 3-`
7=,? - Ol~ 5~ `O G-~~
_ ~ . , - ll~~h~~' ~a,~~_
" f RECffVED IN PAYk1ENT OF TAXES
~ " DUE OM CLI~SS'C IRTAtiG~BIE PE.scSU~i~ PROPERIY~
. - WRS3JllNT TO CHAPTER 7l•134. ACiS OF 1@71.~~~
_ _ ' . ' P~ER PO(~Rl~
' ' - q,ER!( CIRGUIT COURT~ ST~ WCIE 00.~ FtJ~ - .
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together with all and sing~far the tenerrents, hereditamen?s and appurfances thereunto belonging or in anywise appertainirsg thereto, and all tentt, iuve~,
pr«eeds and profits accruing- and to accrue from said premises, all of which are included in the_abova and foregoin9 desuiption and hsbendum.
~ Tp HAVE AND 7Q HOLD Ihe above dESCribed and granted premise: unto the said MORTGAGEE, ifs successors and assigns forever. And the sald ,
MORTGAGOR for - thelY--- heirs, executors, administrotori and assigns, hereby covenants with the s+id MORTGAGfE, its svccesso~s snd ss~iprn,
that ---th--QY-aYe_ lawfully seized of the said prtmises in fee simple; that the same are free, clesr and diuharged from s(1 lieas ~nd ~s+cvm-
brances_i~ iaw or in equity, and that-~h~L_ will and thell heirs shall~wartant and defend the title fo the same to Hx sa}d
, MORTGAGEE, its successors and assigns, forever against the lawfvl claims and dema~:ds of ~II persons; - . - -
PROVIDEU, AIWAI(3 that if the MORTGA~'~OR shall pay unto the MORTGAGEE the promissoty note ~treinbefore desctibed and shal! hv~y, ptomptly
and fully perform, d~scharge, ezecute, comptete, ca-npty with and tbide by each and every the itipulations, agreemenn, conditiana snd covtnants of ssid
p~omissory note and of this Mortgage, then thi: hMrtgage and the Esiate hereby c~eated ~hall cesse and be n~ll ~nd~void. - o0
IT IS U?vDERSTOOD that the word "Mortgagor" whether in the singular w plural snywhere in fhis Mortgagr, shall be_singular if-one a~ly and .
shall be plura! joinity and s>verelly if more than one, and that tfie word "their" as uud anywhere in this Mortgage shall be taker. to mean "his" "he~" ~
or "its;' wherever the coritex~ so impliez or admits. Also, that wherever there is a referente in tha covenaats and agreemenh hereim m~tained to srty of
the parties hereto, the same shall b~ co:estrued to mean as well as ihe heirs, legal representative~, s~ccessors and assigns (either voluntary by uf of tFw ~
parties or involuntary bjr operation of the law) of the same and that the covenants herein contained shall bind ~nd the berufih srtd sdvant~a irwre Q
to the respective he:?s, legai represenratives, successors and au~gns of Ihe parties hereto. - . _ ~ .
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And said Morlgagors, for themselves acd the;r heirs, fegel representatives, sUCCessori ar~ sagns, here~y joentty snd ~ever~lly coven~nt snd aqree ~
taand with the said-MORiGAGEE, its svcceisors and aisigr.s: _ _ -
1.. To pay all and singvlsr the printipal and interest and the variou~ and sundry sums of money payable Ery virtve of said ptomiswry nofe, ~nd thb
m6rtgage, each and every, pr~mptly on the days resprtlively the same severally become dve. ~ - ~
2. To pay all ~nd iingular the taxes, astessmrnis, (evies, liabifities, obligatian and encumbrarxrs of evtry natvre and kind now on said descriMd ~
property, or that hereafter may be imposed, ~~ftered, placed, 1%vied, or suested tFKreon, or tF»t hereaftet may be levisd w sssessed vpo~n this IY{atQ-
age, c+r the indebtedness secured hereby, each and every, when due and payable, according to law, beforc they become deiinquent, and befate tny inttr~st
attaches or any penatty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE 5AME SHAli $E PROMPTLY SATISFIE~ AND DISCHAfiGEp pf -
RE~ORD AND THE ORlGIhAI OffICIAI QOCUhRENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE• SATISFACTiON PAPER OffICIAIIY ENOCRSEO
flR CERTIFIED) SHAII BE PLACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; snd in the event that sny thereuf is not
paid, satisfied and d7schargad sa:d MORTGAGEE may as any t~me pay the same or any part thereof_ withouT waiving or sffestiny any option, liert, eqvify u ~
- ~1qh~ vnder or by virt~e of this mortgage and the ful! amoynt of each and every such payment _shall be immediately due and payabte and shall beu irrterat
_ f~om the date thereof vntil paid at rate of nine per centum per a~num and together w~th svch interost ~hali be xcvred by tfie tien of th:s morqtsy~. .