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THI$ INOftffiJA!. ....rto. 7th, ST"~~![ ~~l'~T.'. ~l~aroh
. Paul H.. ~au.o5. and ~~.IJ W..
TaulSoh,
113881r
A.... 19~.
, ^,V, _
his wife
b-.Iw.. n
,
of : '~t. r.ut'!' A' , , Covnty Florida. Iwelnef,., deelwNled.., ill. "MORTGAGOR," and flllST fEDEIlAL SAVINGS ."ND LOAN
ASSOC "'T fUN' Of fORT PIERClt, <It e<<po<allon ~Ind ..'Ml .."11ng undw lhe Ia...... of the Unlled SIal.. of M.rlca and having Ita p'1n<;!fu\ pl". of
bu.lne.. I/'l lhe City pf fort Pl.", 51. Lude County, florkM, heo'el.'\lIftw dclaIvneted .. lhe :':MOItTGAGU, U
WMUW I~~~RT~ la Ivotly IndebNd lQ me MOITCMGU :If me wm of ~600.. 00 ~ good .nd lawful ;"OMY of lhe Uni~
Stal<< -.!v....*' by Iiwi'MOrtGAGEE unto lhit MOIlTGAGOIlJ .. evidenced by I C41rt.in proml"OtV not. of evan d~t. her.wilh, of wh;,h Ih. follQlNi'lg In
worda and fl9th-et I, . Ir'" co,:')', l<>wlt:
$.. 2,600.QO
7 March
NO~ 10,978
19~
...... fort Plerca, FI<<lde,
Fo< v.!... received, I, we 0< either of ua, promi.. 10 pOly, wllhcxlt defllcallon. 10 lha ordar of flllST fEDERAL 6:~ AND lOAN ASSOCIATION OF
fOIlT PIERCE al fort PI.rs., Florida, lhe aum of \12.600. 00 , with Int6~al from dola al lhe reI. of per enf\Jm, In monthly in".II.
",.,nla U followl: ~ 20.00 Of' lhelOt day of Apri~ . 19~ Ind a I,k. aurn O<l Ih. co<r.apof\di~ d.y 0' eoch mor,lh Iher..-
.her unlil Ihe whol.. be fully pOlld.
hch In"all"",nl fI"l ahall be .pplied In P"Y/M'nl of lhe Inl.r.al and then on lhe unp.ld bOllanee of lhe prln<:ipel aum. If deflult la made In the
paym.nt of .ny inalol~menl whon d..., and JUch def.ult conlinuea 30 d.ya, th..n II lhe option vf the holdlr. Ind withoul any olher notice, oil the r.m.ining
in".llmenll oh.1I be due Ind p.yabl. .1 once. Privll~ 10 glv.n 10 pl'epI)' Ihl. not. In whol. or in plrl It any lim. withoul p;>nolty. r~eilh.r for.be.,.nce,
nO< acc.Planc. by the holder lhereof liter any d.flult In Iny p"ym.nh hereon, lhall ~ d..med oxl.nlion. A late plymenl charge of ~--1.J.Q aholl be
.dd.d 10 each INI.II"",nl rem.lnl", un~1d 7 dlya liter Ita due det.r Ind I lilt. aum ah.1I be ,dd~ to eoch ouch inolollmen' remaining unplld 7 d.ya alter
oacl\ wce.edi'lg pOly"",n' d.le,
Each m.lt.r, auraty Ind Indo....r hereof, Jolnlly Ind Hv'eraUy, wllv.. demlnd, pr.Hntm.r.1 proleal and notice of prol..al for nonp.ymenl, .nd furlh.r
egreea 10 .ny '''I.nslon of.llm. of p.y"",nl, eilher before 0< after malurlty, wlthoul nolicl 10 any of uo; ano to pay III COlli of collec"lon, includ,ng .
reuon.ble IltorneY'I fl. In lhe Iv.nl of .ny dehult hereundlr, and hereby aevlrally waivla .11 benefil of homeoteod Ind exemption under ,he con.tit'Jtion
.nd lawa of uch SIll. of lhe Uniled SloI.a, aa eg.lnst Ihlt obligation or any oxtenllClQ. or renewal hereof.
Wiln... lhe hand .nd ,,"I of e.ch pOlity.
S5/ Paul Ha Tausch
Z ~rances W. Tausch
(SEAL)
(SEAL)
(SEAl)
(SEAL)
2.60
( ) SIal. Revenu.
(Slamps cancelled on orlglnl' noli) 60 0
NOW. THEREfORE, the MORTGAGOR for the purpoal of .ecurlng ~ym.nl of a.id .um of ~ 2. 0 · 0 , .nd Ihe perform.nc. of lhe
covenanl. ond Igr.."",n.. h.tr.lnaft.r ""preued, .nd fo< div.ra good .nd vlluabl. coruid..ralione, by lhea. pr...nll, doe. grant, bargain. .ell, r.mile,
re!e..., convlY and confirm unlo the MORTGAGEE, III aUCCI..ora and ...Illna, all Ihol cerl.ln lot, piece 0< porc.1 of lond, ailuol., lying, .na bei'lg In Ihe
Co<Jnty of St I Luc 18 Ind Stall of Florldl, delCribed .. followa.
Beginning at a oonorete monument at the intersection of the North
boundary line of Lot 14 of Russ~ll's Subdivision, as per plat thereof
on file in Plat Book 1 at Page 186 of the Public Records of St. Lucie
County, Florida, and the West right-of-way line of the old Dixie
Highway; thence run West along the North boundary line of said Lot 14,
a distance or 12$ feet; thence run South 13 degrees and 4 mtnutes
East 99.5 feet to a ooncrete monument; thance run North 89 degrees
and 18 minutes East 125 feet to a concrete monument ol! the West
right-or-way line of said Old Dixie }~ghwQY; thence run northwesterly
along the West right-of-way line of said Old Dixie Highway 86.63 feet
to the point of beginning. /
/:?~.-
~ 'j" r- IN PAYMENT Of TAXES
RECEIVED $ r. . . IHT AHGI&LE PERSON AL PROPERTY,
DUE ON CL"'"S C TER 20724. ACT~ Of I gAl.
UAHT TO CHAP
PURS rR POI1R^,', Clerk Circuit Curt
ROG. JAMES
A enl for CU::1IS M.
0' g. County TO.l!>-'f=o!leC10r
SI. lucIe j C
(2 · t.. tf.( (' (/
.. -x " DEPUTY C-l.ERK
Py-
loget~,.r with all .nd alngular lhe lanemvnla, h.tr~ilamenh .nd Ippurtanc" Ihlrlunto belonging or In .nywiu appertalnl'lg Iherelo, end .11 r~nta, Inu.a,
p'oce~a ond profill accruing .nd 10 accrua from uld p".mlaea, all of which are Included In In. .bovI .nd foregoi'lg delCrlplion ond hebendum.
TO HAVE AND TO HOLD lhe above dl.cribed .nd llr.nled p'.mi... unlO the ..Id MOIlTGAGEE, III aucc.nOll .nd .nigru forever. And lhe uld
MORTGAGOIl for their he III, ."ecutora, edmlnlatraloll and anl9n., hereby coven. nil with Ih. uid MOIlTGAGEE, Ila ,,,(ceno,, end anignl,
thaI ~hey--are-- lawfully ..ized of lhe aaid p'.mi... In fee almple; Ihel the ..mo ",0 fr.., clear ond dilchorg~ from .11 lie"a end encum-
branc..a in I.w or In equity, and Ihll they will and thei:r. h.ira .h.1I wlrranl and defend lhe tit!. 10 Ih. aame 10 tho aaid
MOIlTGAGEE. ita auccenou ond ...igru, for.ver .g.inu lhe I.wiul c:alma Ind demond. of .11 penona;
PIlOVIDED, ALWAYS Ih.I if Ihe MORTGAGOR .,\all poy unto the MOIlTG,AGEE thl prominory note hereinbefore delCribed .nd ,hall Iruly, promptly
.nd fully perform, diAharg.. ."ltCVl.., complel., comply wilh Ind obide by uch and Ivery the .lipulolionJ, .greemenll, cond'lionJ .nd cov.nanll of u,d
p'o,..,i~IC>f'Y nol. .nd of Ihia Morlgag., lhen Ihlt MO<lgage and Ihe Eal.le her.by cruled ahall ce.a. and b, null .nd void,
IT IS UNDERSTOOD 1"'1 lhe word "Morlgagor" whelher In lhe alngulor 0< pluro' anywhere In Ihi. Mortg.ge, ah.1I be aingul.r if one only .nd
ah.1I be plur.1 j<>inlly .nd leverally If more Ihan one, ,nd th.1 Ih. word "their" aa uled onywh.,r. In Ihia Morlga;,e .h.1I be te\:en to one.n "hi.." "hen,"
or "ifS," wherever the cor,tex' 10 implies or ~dmih. AIIO, that wherever there is a reference in the cO-lenanf. an-d &grt"~me"h herein conlainf"~ to /H'Y of
the I'arli.. h.rel,), th. ume ah.1I be cOnJtrued 10 mun .a Will .. lhe helll, leg.1 reprelenlativea, auCcenorl .nd .nignl (.ith., vo!~nla.y by ael of the
parti.. or 'nvol"nl.ry by oper.tlon of Ihe law) of Ihe u,- .nd Ih.1 fh.. cov.n.nl. herein conl.ined .hall Lind end the benefit. ,Old ad..antagel inure
10 Ih~ reapeetiv. he ill, leg.1 rapresenl.live" auceanoll and ..aignl of the p .nlea htrelo,
And uld Mortg.goll, for Ihemaelvel ond lhelr heill, legol r.presentaliveJ.. au<~aora and In:,na, hareby j<>lntly and ..ve'.lIy covenanl end agre.
10 ."d wilh the ..id MORTGAGEE, ila IUCC.UOra orod auigru:
l. To p.y .11 and alngul.r Ih. principII .nd inler.,I .nd the varloua an d aundry ';uma of mon.y poy.blo by virtue of a.id proml.,,:.ry nole, end Ihil
morlgag., e.ch and every, p'omplly on the d.YI r.apeclivaly lhe lima a.v.rally become due.
2. To pay .11 and alngul.r Ihe laxea, a..eumenla, levi.a, Ii.b!lil~a, obligoliona .rod ~ncumbroneea of .very no lure and kind now on uid d.lcribed
property, 0< thaI hereafter may be impo..d, auf/ered, pieced, levied, or .."..~ Ihereon, or that hereaft.r mey be levi~ or ......ed upon this Mortg-
.ge, or Ihe ind.bledneu aecured hereby, .ach and evcry, w~..n due an<! pay.ble, KCVfd.'lg 10 law, beforl they become delinqc'.nt, ond before .ny inter."
,.'I"h.. c" ^"y penalty i. incurred; M,D 1~-ISOFAIl AS ANY THEIlEOF IS Of IlECORD THE SAME SHAll BE PIlOMPIl Y SATISFIED A~'D DISCHARGED OF
Ri'CORO A'JD THE OR'C: '<Al OFFICIAL DOCUMENT (SUCH AS, FOil INSTANCE, THE TAX RECtIPT OR THE SATISfACTION PAPEIl OFFICIAllY ENDORSED
OR CERTIFIED) SHJoll aE PLJI,C[!) I~I THE HA'JD$ OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; .nd in Ihe evenl Ih.: any Ih..eol i. nOI
p,:d, :at .fied "nci d;,ch"gcrl uid MORTGAGEE ml'f .1 .ny time pey Ihe 'aor... or any p.rl Ihe,eof without waiving or allecting .n'f option, li.n. equity or
';Jet 'J1d., or bl' vi,'ue c' this mortgage a.,d Ihe lull .m"unt 01 each .nd every aveh pe'imenl ,h.l: be immediately due "Old P.l,bl. and .ha:1 boar interest
~(o:n Ihe d!.!~ ,h~r<!of until p<l;d at rate of nine p!'r C!nfu~ per -'n'l'Jm and tego1her With ;~ch infere.' ..hatl b~ secured by the Hen of th', morgh~e.
; )
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