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THIS INOENlURE.. Mede 1M
7th
Ikyof
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Lloyd T..~lor and qlotl~ ~ T..,.lor, hi. vi1'.
of St. Lucl. . _ County ,~ .........". cte.luMMd .. .... "MORTGAGOR," Ind FIRST HOERAl SAYlNCS AND LOAN
AS$oXIAlto.'I ()r fO.r PIEKE.. . COtJ!O".tlon ~ ,"lI ....tIng lItIdet the Iewt of the Unl~ ~tal" of AJnet,kl tnd having It I f"lnclp.1 plICI of
boa..... In ,... Oty of 'fort Pierce. $I, lucle County, flor~ lwrelna'* dealfnal.d .. the "MO~GA~"
WHEREAS the MO-TGAGOlt'II luelly ltl<Wit.d to me MOITOAOlI In .... ~ of ~ .., It 7 ~O. 00, , good 'nd I.wful ~.~ of the United
ShIh "'v.nted by.... MORTGAGEE unto the MOl'tTGAOOR. .', .vldenc.d by . cet!.ln prc.mlllOlY nol. of .v.n, dal. I>.rol11t-.. of whici> lhe following In
....OIdt...r'fii~~a · tr..- ~Y. lO-wh. ' , 10975
$ ..,.r:>U. ','. , }/larch': I 7 No
fort PIe<<e. flotlde, 19 6 :3
fOf val.,. ~~1Yed, I, _ Of .ither of UI, pr~.. frJ8' ~ deflleallon, to the ordar of fiRST FEDERAL SAV1Ns:AND lOAN ASSOCIATION OF
fOftT PlERCf al ~ 7r~Jlorkl., the lum of $ , · . , wilh Inl.r,," from data al Ih. rale of 6.2 per aMum, In monthly In"all.
ments .. fo[o..., $ '12.0 on lhe 10th thy of June 19-.6..1 and a Iik. lum on Ih. corr..ponding d.y of each month there-
.ft.. unlil r'Ae ..-h"lt be ~ully pei<l,
hch lnarallmenl flnl .hall be applied in peymenl of lhe Inl.r..t and lhen on lhe unpaid balanc. of th. principal .um. If d.hult il m.d. In the
p.yment of .ny inll.llm.nl when du.. .nd Ivch d.f.ult contlnu.. 30 deya. ~n at Ih. option of ,he hold.r. .nd wilhout any olher notice, all Ihe rerr,aining
insl.llm.nll Ihall be d... and pey.bl. ., one... Privilege I. glv.n 10 pr.pey thl. not. In whol. 01 In part al any lime without pen.lty. N.~her.J8eb<tar.nce.
not ICc.planc. by lhe hold... lhereof aft.r .ny defauh In any paymenta hereon. ahell be d...'J1'Ied ulenllon, Allie peym.nt chlrge of $2,.!~. Ih.1I b<t
Idded to each inltallment r.....lni"" urIplJkI , deya after Ita due del.. and . Iik. .um .hall be added 10 neh .uch Inll.llmenl romainln~ unp.id 7 d.~I eller
.ach .vec.edi"$l paymenl da'..
EKh m.~er. .urety end <.-ndorwr hereof, Iolnlly end ..v.rolly. walY.. dem.nd. pr...nlment prolell and notice of prot.II for nonp.ym.nt, .nd further
'9rees to any exl.n.ion of time of paymenl, .ither before or aher malurlty, wlthoul nolic. 10 '''y of "'., .nd 10 p.y .11 co.'s of collection, includ:ng I
reasonable a"orneY'I flil In the .venl of any default her....nct.r. and hereby Mv.rally.w.lv.. .11 benefll of home,'ud .,nd exempllon under the eonSlltutlon
.r.d IlwI of ueh SI.ta of the United SIal.., ~ 'lIaln.t IhI. obll8l1lon ot .ny ulenalon at r.n.w.1 hereof.
.
Wiln.U II>. h.nd .nd ...1 of ..ch perty,
la/
la/
LLOYD TAYLOR
CLOTILDE F. TAYLOR
9.80
) St.te Rewnue
(SIampa cancel'-<l on atl8lne1 nol.) 9 750 00
, .
NOW. THEREFORE. IN MORTGAGOR fot IN purpoM of IKVrlng peymant of .ald .um of ~ and lhe parformlnce of Ih.
:ov.nanl. and agr..menls her.lnah... .1lpr.aHd, and fOl dlverl good and valuabl. con.lderallon.. by the.. p,...nts, dOltI granl. borg.in, ..II, remi.e,
rei...., conv.ys'~ ~ ~to tM MORTGAGEE, Its .vec.nor. and ".l8nl, all that eert.ln lot, piece at parcal of land, Iltllal.. lying. and b<ting In Ihe
C;>unt. " - · c e ____ and SI.te of florida, deacribed a. follOWl'
Lot 11, Block 7, REPLAT OF PALM GARDENS,.according
to the plat thereof on 1'ile in Plat Book 12, page
42, pUblic recordn 01' St. Lucie Oounty, ;lorida. ~
~o
IlrCEIVED ,4--IN PtYloF"IT I)" TAXES
[\UI: (IN CLA<;S 'C :Pn...'!'OI'ltr P':R<::J'I'.1 ;'lOi'EiHY
PU~3:J"'NT Torll'.PtP; 207''';, !,rT~ CF 1941.
IKG R r',...i:.( ,(I rk CirCUlI C.url
Ol Agent f:r CU TIS ^" JA.''&'E5
St~ COi.lnty Tax ~eCIOr
~(k~
, J)~PUTY CLERK -
toge,her wilh all and Ilngulor 1M lenements, heradlllments and eppurtancal the..unlo bel~lng ot In anywise appertaining lhereto, and III renl., I..ues,
procO'eds and prc.fits Kcrulng and 10 accrue from ..id pr.ml...., all of which .r. included in Ihe above and foregoing d'lcription .nd h.bendum,
TO HAVE AND TO t'OlO Ihe above delaibed an<! gronled pram I... ur.to .... ..Ie; MORTGAGEE, \II .ucc.norl and a..igns forever. Ar,d the Illd
MORTGAGOIl 12< the ir I>.ln, exaculO<'<. edm!ni2!ral.:>r. ..nd ...Igns. he..by eov.nanlt wilh th. .aid MORTGAGEE. itl .ucce..on and ...ignl,
th., ...Llle..J- A r~ I.wfully ..ized of the &lId p..mi...s In f.. .imple, Ihal the .arM .r. fr.., c1ur .nd dllcharlleo:l from .Ii ilenl .nd e""urn-
bronc" in 1_ or In O<llllty. .nd Ih.t they wil! and th8ir _ h.ln Ihall warrlnl .nd d.f.nd th, lill. to the some 10 th. .aid
MORTGAGEE, III lucce"on end a"ign.. forever agalnll Ih. lawful c1.iml and d.m.ndl of all pa"onll
PROVIDED, ALWAYS Ihlt if the MORTGAGOR """11 pay unto the MORTGAGEE lhe proml"aty note hereinbefore d"lcri~d and .hall Iruly, promptly
.nd fully perform, dllcharge, eXKule, complela, comply with and abide by .ach .nd evory Ihe Itipvl.tion., .greem.nl., eonditiOl1I .nd covan.nll of uid
promissory nole and of thil Morlg.ga. then Ih11 Mortgage .nd lhe [allla her.by crealed Ihall e.... and b<t null and void,
IT IS UNDERSTooO th.1 lhe word "MorlgogOl" whelh.r In Ih. lingul.r or plllral anywhere In Ihll Morlgage. Ihall be slr,gular if one only .nd
.hall be plurol joinlly .nd ..verally If more thail 0".. and Ihal lhe word "I h.ir" .. uled anywhero In thil Morlllalle Ih.1I b<t la~en to m.an "hi,," "he","
or ..it.,.. wherever Ihe conte xl to implies or .dmill. Alto. Ih.! wherever 'h.re II a r.f.ren~e In ihe covenantl and "greemenll herein contained to ony of
Ih. parti'l hereto, the ..me Ihall be conslrued 10 mean as w.1I II Ihe he1", leg.1 represent.liv.., I')C""0rl an~ .lIigns (e'ther voluntary b I .ct of th.
parliel or involuntary b~ operol:On of Ihe I.w) of the .._ end thaI Ih. coven.nl. herein COl1!.lned Ih.1I bind and 1m. bellefill and advantag.. ;,'Vre
10 Ihe re.~tiv. hei", legal ..pr..enl.ti....., luccenon and a..!{onl of the partie. heret';),
And .aid Mortgogon. for Ihem..lveI and lheir hain. ;~iI.1 r.prelenllllve., .uccellon .nd ...igna, her.by joinlly lrod ...vorall~ covenanl .nd .gree
to Ind with Ihe Illid MORTGAGEE, il. luccesaor. and a..IQN:
1. To pay ail and Ilngulor lhe princlp.1 and Inl"esl and lhe v.rious .n d sundry .uml of rTlOMIy pay.ble by virtue of .old promillory note, ~nd Ihi.
mortl/age. each and every. promplly on Ih. dJl~I r..pKljvaly lhe same ..varally become due,
2. To ~y all Ind li:'lliJulor lhe lax.., .neurnan". levin, lIabillliel, obligation I .nd encu'":'lbronc.1 of ev.ry nature and kind no'.., on ..id described
properl~, or Ihat hereafter m.y be imfOted, suffered, pl.ced, levied. or .....n.d Ihereon. or Ihlt herufler ma'( be levied or aliened "pon this Io'.o,tg-
.\le, or Iha indebted,,",, leculed hereby. each and every, when due .nd peYlble, ceording to IIW, before rh.y become delinquenl, .nd before .ny intere'l
,;tccche. or .ny pe~aity il iflC'Jrred; At;D I"ISOfAR AS ANY THEREOF IS OF RECORD THE SAME SHAll BE PROMPtlY SATISFIED MID DISCHARGED OF
n:o'w ""JD TH!: O~Ic':NAl OFFiCIAL DOCUMiNT (SUCH AS, fOR INSTANCE. THE TAX RECEIPT OR THE SATISFACTION PAPER mFICIAllY ENDOR5ED
OR ((n!F/ED) SHAll BF PlAGD IN THE HANDS Of SAID ,ljORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ar,d in the .vent that any th~reof i. nol
;.J 3, "r.lied and d'SC'lJ'ged .a'd MO~TGAGEF m.y at .ny lim. pay Ihe ..me or .n~ parI thereof without waiving or affecting any option, lien, equitl or
, ,io.;,t l'"cJ~r or by v;.tu, cf Ihis mortgage and Ih. full amounl of each .nd .very luch plyment .hall be imm.d;al.l~ due and pay.ble and .hall be" intere.t
"Q n ,'''' dOlO IhereoF until p.'d at r.te of nine ~' centum per annvm and logelher w:tl, .uch intere.' .hall be .ecured by Ihe lien of th'. morgtage,
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