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HomeMy WebLinkAbout214413th llecember A.D. 19 62 between THIS INDENTURE, Made tote d.y of iiA• - .~ubrey B. ~r4~•lor and r ar ie Tay~or~, hLs wide -' of County FM,rida, hsrairsafter dadpnetsd u tM "MORTGAGOR," and FIRS' FEDERAL SAVINGS AND IOAN A.~4OCtATION O FORT FIERCE. a corporation rxganlsed and exlaNrp vtsdar the Jews of tM United States of America end Mvlnp 1» principal plan of ' businew In tM Ctry of Fort Pisrp. St. facie County, florfda, MnMefter designated w the "MORTGAGEE:' ill/1fEREAS tM MORTOA(iOR h lastly indebted ro tM A,ORTGAGEE In 1M sum of i 1_ 1_~~~ a Qd good end lewfu( rtwnrry of tM Un red c~,.,y .,lya..r.,t by M,. MC1RT[,:ACEE unto th. MORTGAGOR. es evidenced by • crrtein F omi.aory car. of awr, de» herawNh, of which the followirsq in words end figural is a xw copy, to-wN, ~ I Fort Nlerca, Fla.ld.. ~~ De a fjmb a r 1 q Fa value recelwd, I, wa or sithar of w, promise ro pa wl*hout defaltetion, to rM order of FIRST FEDERAL SAVING AND IOAN ASSOCIATION OF FORT PIERCE et Fort Pierce, Florida, tM cum,of^f 11 a 7~" a 00 with Interest from date at tM rate of ~_3r, per annum, in monthly Install- ments as follows: >r -- ~..~.a.~~ on tM _J.S1st~~daY of ~' QbruarY~ iq~ and a like sum on the cwrespondirq day of each month tMn- aftar until the whole ba fully paid. Each installment first shall be applied In payment of tM intenst and tMn on tM vrtpaid balance of the principal strm. If defwit fs mach In tM payment of any installment wMn due, end such default continues 30 days, char, at tM ^?tion of the holder, and without any otMr notice, ell tM remaining instelimanis shall be due end payable at Dots. Privilege h given ro prepay this rw» In whole or In pan aL any timt without Tanalry. hitirher forebeerarue, nw arsptancs by tM holder tMreof after any dsfeuit M any p.ymentt Mrson, sMll ba deemed extension. A late payment charge of S~~e 59 tivll be added to each Iruiellment remsinirtg unpaid 7 days aftK th dw date; and a like ium sMll ba addsd to each such instsllrnen: remaining unpaid ?days -_f+-r each svccsedirsg payment date. Each maker, surety end andwser Mrwf, Jointly and teverelly, weiwa demand, presentment protest and notice of protest for nonpayment, end furtMr agrees to any extension of time of payment, either before or after maturity, wBhout notiu to any of us; and to pay ell cosh of ~~Ileaion, IncltnJing a reasonable artorney's fee in tM event of any default Mrwnder, and hereby awrelly welws ail benefit of homestead end exemption under tM certstitvNon end laws of each State of tM United Stetas, as against this obligation a any extsnston a rer»wsi Mrsof. r Y+'itnass tM h:.nd and seal of each party. . ~ (3EA1) u r~_ • 8~. OYs (5Et•.u Lenf3~ Margie • Ta•tlor-~ _ , _ _ ~ (sEAL) _ (BEAU ~____ 11. ~7 )Stare Rwanw (Stamps uncalled on original note) 11 R 7~D e 00 NOW, THEREFORE, tM MORTGAGOR for ttse pvrpota of securing payment of aid wm of S and SM perforrrtarxe of tM covenen» sod pre»man» hereinaher expresad, sod for diwra good and valuable coruidrratione, by thNe prteents, Boas grant, bargain, atl, ramie, relesx, t:onwy and confirm unto lice MORTGAGEE, fri sucussors and agigns, ell that certain lot, prep or parul of land, situate, lying, and being in tM County of Si- T t t n 1 P -and Stab of Florida, dteaibed M follovvp Lots 9 and 10 Block 1 , LINDAS ?iILl. SUBUIVISIGN, acieordin~? to the Plat thereof Rs recorded in Plat fiook b at Page 55 of the Public Records o`' St. Lucie Count, Florida. / r,, ~; . ;~. ~- ~ ~;i,. ; :. tiulid~ ~/~~ _ together with all and ilngvisr tM tenements, Fter9dltsrrtaMs and eppurtsrtcn thereunto l»langirtg or in anywia appertaining thereto, and all nn», laws, proceeds end profits acuving and to ecwa from said premises, ell of which are incitxletl In trta above and fvteguing descrlpYtan and habandum. TO HAVE AND TO HOLD the above deeuibed and granted premises unto the old MORTGAGEE, Ns successor artd soigne forever. And tM aid MORTGAGOR f }'LlOir heirs, sxacvhwb administrators and satgns hereby cowren» with tlv aid MORTGAGEE, fta avc<aasors end auigm, that ---.@.`~.--£.YE~fully sized of the aid premises to fa simp{q that tM same are free, clear and discMrged from all wens and ancum- brances in few or in equity, end tha!._~'..:~18~ wIN end 1:}twi j+ hales shat= warrant r,~ defend tM this ro tf,a ame ro tM aid MORTGAGEE, L•s succeuon and assigns, fo:.ver against tM lawful claims end demands of ell penonsr PROVIDED, ALWAYS that if tM MOR*.GAGOR altslt pith av d ~~ RT~hEantdMive~rorth~stlir I~stiona, sgreanxnft, conditlona and icovenat+t~o~f said and fully perform, discharge, sxaa,N, complete, `.a^p Y by Y Ptr promissory note end of this Mortgage, thM thts Mortgage end the Eataq hereby created shall pest and be null and void. IT IS UNDERSTOOD that the word "Mortgagor" vrhethx in the singslar a plural anywMn in this Mortgage, shall be stngvlsr If or» only and shall ba plural jointly and swarally if more than one, end that ftte word "their" ea wed anywhere to thU Mortgage sluff ba »ksn to mean "hb; "'hers;' a "its," whsraver the context so implies or sdmi». Also, that wherew: theca is a nferenu M tM coverun» end agreemen» F.ereln contained to s:~y of the parties Mreto, tM same soli ba conshued to mean w well as tM halo, legal representatives, svaesson and assigns (eHhtr voluntary by act of tM parties or lnvolunrery by operation of tM law) of the same and that the covenants heron contsirted shall bind and tM benafHs and edvanteges inure to tM respective heirs, legal reprsantatives, svcpotvrs aced taigrts of tl+e pattae Mreto. And said Mortgagors, for t-:emselves end than halo, legal representatives, succecsan and saalgns, hsnby loin4ly and scveretly covenant and agree to snj with tM aid MORTGAGEE, i» avcusaors and sselprw: _ 1. To pay ail and singular tM principal and lrttsriat end tM veritxn end svrvlry wrno of i»oneY payable by vktw of void promissory rots, and thh mortgagr, each end e'+ery, F.romptly aKt :4te days raspectivaly fiw same sevsraliy becarsa dw. .' 2. To pay alt and singular tM texas, asses:*ttents, levies, tiab~~itiss, obtlgations end artcumbrsnoes of wary netwe end kind now on aid dauribed or that reafter ma ba i . wifersd, glepd, Isvhrd, a aeaeaacl thereon, or ttsH hensfta may ba levied pied upon this Mortg• proper*y, ~= Y r~~' del~pt(usnt, erd before any interest age, or ttu [ndebtedncu secured hereby, each and wiry, whin dw and payable, aaw.lirtQ to law, before tMy b~ema a;tzchas or any penally is incurred; AND lNSUFAR AS ANY TNERfOF IS OF RECORD THE SAArtE SHAIt BE PROMPTLY $,ikTISFIEO AND DISCHARGcD OF RECORD AND THE ORIG'VAt, OFFICIAL DOCi1tAENT (SUCH AS. FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACT(4>N PAPER OffIC1ALLY ENDORSED OR CERTIFIED) SHP.L! Bf PL4CED IN THE HANDS OF SAID MORTGAGEE WiTHlN TEN DAYS NEXT AFTff1 PAYWENTt u!d in tM avant +Mt any thereof Is not paid, wrafi_d :.:d discs;rgcd aid MORTGAGEE may st any tirM pay the tams or any part thereof wkhout waiving,or sffectirgable •ndt shaliliebeat~lntarest riyhr under or by virtue of This mortnege and the full amount of lath a,wr every ouch paynwnt sMll ba immedi.tely. dw arsd pay iron thx date tMreof until paid at rote of nine pas centvrt per annum and rogether with suth Interest shall be secwsd by tM Iran of this morgtags. r,- _