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60 if.u242
lj.l.SG!1
THIS I~WENTURE. M.de the _-5th.__ day of API'i 1 -,
. -~_.._------- - L-;.~yd-'l'~or an--L~t.iJ.d6-----IL.-T-aylor ,-his wife
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, A,D, 19___. berw.en
of ...___.St... L'\19~_, Counly florida. here'n.fr.r de.ig".ted .. the "MORTGAGOR.-' and fiRST FEDERAL SAVINGS M.D lOArj
,\"CX-II\TIOI/ Of fORT PIERCE. a corporet,on organized .nd ..;IIin\l under the I.wa of rhe United St.r.. of Americe and ha~ln\l Its prinCl.-al place of
lH..iol()~..' ill I~.e City of Fori Pj~rce. Sf. Lucie Covnly, Floridl, hereinafter d.signated .. the "MORTGAGlE."
WHEREAS the MORTGAGOR i. ju.tly indebred 10 the MORTGAGH in the .um of $__9.,.J5.Q..JtO ___, good .nd I.wful money of the Unt.d
~r.1tt\ !J-.'J '0..:'d U,.. Ihe /.'.ORfGAG([ unlo the ^~OKrGAGOR, as eviden<e-d by a certain prolOiuory nole of even d~le herewith. 01 wh,th the following in
v..0/ds dl,d tigvrcl is. ~ "ue cop." 10-""'1':
S. If,350eoo
Tort Pierce, floridl,
5
No
11,:)110
19~
April
for ""d've'
rN';"". I, w. 0' .;:her of U', prom..e to.f~' withoul defa'cation, 10 th.. order of fiRST FEDERAL SAVINGS AND lOAN ASSOCIATION OF
Fo', Pit~'fce. flofIU.3, the surn of s_9__~J2Q..t.Q~__ "....'llh inferel' from d!te at the rate of .n..2S per annum, in monthly inuc!l1.
S ,.. &8~O _ on Ihe _5.th day of July 19_22 and a like .um on the correlpond,ng day of eoch month there-
FORT ~1(R(f "t
il~,',' I J JS ('Ji',) 01
'.
i\l!e-r u:.til T~.<...' ....ho:t.:' Lt.' tvll, ~_'3id.
[.~(h il\\!..\;!Il,ent fir!? stull be dpplll:.tf in p'!','rnent of the interest and then on the unpaid b~lanC(~' of t"'~ princ;p.!1 sum. If def3ult is m!lde in the
I',~, IlI'lf 0f aLl'y' in!ld~:fl\enl....h-~n due. <olnd such tlddU:t continue, 30 d5YI, then o!l the op,jon of the haider, .!nd withovt an, other noticE.", all the remc!ining
.1i~f.ji;::~(':l!S stull lot:' Out:' .!nd ~'a'YdU!e at once. Privilege is gi....en to prepay this note in whole or in part at any time without penall-y_ Neither forebearance,
nOf ~c(er'ance by The holu<2'r 'hN(.of ~fr,,'r any def~ult in any paymenh h~reo!'l, shall be deemed extension. A late payment (h~rge of s. 3-..43-, Ihall be
dd-J..'d fa t'C'Ch inJL~llrn('nT {em~ining unpaid 7 days aher itl due date, and I like sum shall be added to each luch init.:illment rem"miny unpaid 7 d.5Ys aher
ec\ch SL(c('~djng paymenT d3Te.
[:1ch rl~d~er. sureTy and endorser hereof. jointly and 'ev~rally, waives dem~"d, preientrT'enl prot-est and notice of protest for nonpayment, and further
agre~s To dny exte'Hion of time of p<'Iyment, either before or.after maturity, wifhout not;ce to any of lJS; llnd to pay all (osts of collection, inc!udng a
r""'.150;1;:JU!e 3Ifo~nt.'i S fce in the even' of any default herevndt:r, a.,d hereby severally waives all benefit ')f homestead llnd e;lternplion under the constitulion
~f:J :3.....'S of C'.:.ch 5r..He of the Unired St",tes, as dgdin:t this ob:igation or any e;lttension or renew41 h~reof.
'N.tncn the hand dnd leal of each party.
~~
(SEAL)
(SEAL)
(SEAL)
(SEAL)
Lloyd rraylor
Clotilda F. Taylor
( 9 . J~ 0 ; S.ate Re~enue
(Stamp. cancelled on original note)
NON, THER~fORE. the MORTGAGOR for Ihe purpole of .ecurlng payment of s.id .um 01 $ 9,350. 00 , .nd the performance of t~.e
covenants and agreements hereinafter expreu"'d, .nd for diver, good Ind valuable cons;der"tions. by thete prelents. does grant. bargein, lell, r~misc.
re:."". con,ey and confirm unto Ihe MORTGAGEE. iI. au((enor. and anign., all IhO! cerlain lot, piece or parcel of lind, .itua'.. lying. and being In the
County 01
St. 1 'uC 1e
and Srat. of Florid., described II follows:
I,ot 2 8lock 9 Replat of palm Gardens, according to the
?lat thereof as recorded in Plat Book 12 at page 42
of the ?ublie Records of Ste Lucie County, Florida.
~'i
rogelhcr with all .~d .ingular the lenement., hereditaments and appurtance. ther"unto belongiOQ or In Inywi.. op~rralnin\l ther"to. and all renlS, lnue.,
pro<~:,Js and profIts accruing and to lIccrue from laid premises, .11 of which are included in the above and foregoing description and habendum.
TO HAVE AND TO \0f-Petter"bo~e described Ind \.l",nl,ed premi.es unlo th. uid MORTGAGEE" its SU(( ~..ors and a"ign~ for.~"r, And tha .'"Id
.....ORTG,..GQR, for ~---------- heirs, e!'eculors, admlnlSrrators and ""gn., herelJy co~enanl. With the saId MORTGAGEE, '" luc<e..or. and 1111\1"1',
that --_..'t.ne.y:,-ar..e lawfully .eized of Ihe said premile: In fee simple; 'hat Ihe same are free, c1e.r Ind dlochorged from all lien. and encum-
b-ance. in law or in equity, and that t hey will Ind the ir heirs ahall warr.nt Ind dofend the IiI Ie to Ihe .ame to the said
I,\ORTGAGEE, ilS succelSors and o"'gns. fore~er against th. lawlul claim. and domanda of all ~rson.;
PROVIDED ALWAYS Ih.t il the MORTGAGOR .hall p,y UI.tO Ihe MORTGAGEE the prc;>mlllory note hereinbefore de.cribed ond .hall truly, promptly
end full.,. pedor';', d,seh05rge, execute, complete, comply with and abide by e"ch and every the stipulations, agreements, conditions and covenant' of ,aid
prom'"ory note ond of ,hia MO"gage, then this Morl\laga and the hlale hereby crutO'i ahall ce..e Ind be null Ind void,
IT IS UNDfRsrOOD Ih.t the word "Mortgegor" wherher in the .ingular or plural an'(where In Ihi. Mortgage. .hall be .lngu1lr if one only and
Ihall be plulel joinrly and .e~er.liy if more th.n one, .rod ,hal Iho word "their" a. u.ed anywhere In thia Mortgage .hell be taken to mean "hi.:' "hers,"
or "'fS," wherever the con'ext 10 implies or admits. Also, that wherever there II . reference in th~ covenanll and egreemenll herein contained to any of
the parties herelo, the same shall be construed to mean as w311 .1 tho heira, legal repres.cnt.tivel, luCCeSlorl and l!Iuignl (either voluntary by act of the
pulics or involuntar.,.- b'( operation of the law) of .he urne and that th. COvenants herein contlined shall bind end the benefits an-:i .dvant6gel inure
to the respe<Jive heir" leg'll representative., ,ucc~UorJ t!r,d lIuignl of the partie, hereto.
And Bid MO'lg.gor., for themlel~e. end their heirs, legal repre.enlati~es, auccellou and ...igns, hereby jointly and severally covenant and agreo
10 and with Ine ..id MORTGAGEE, its su((elloro and a..ign.:
" To p,y all and .ingu!ar the principII ."d In'er..' and the various an d .undry aum. of money Plyable by virtue of said promilSory nOle, and this
mortgage, each and every. promptly on the days re.pecti~ely the same le~arally blOcom. dve,
2, To pay all and .ingul.. the '..e., alleuments, ie~ii!a, li.biliti... obllgltiona and encumbrancea of e~ery nalur. end kind now on said d.."iDed
propeny, or that here.frer may be impo.ed, .ulfered. placod, le~ied. or ..seISed Ihere<>n, or Ihe' htrufrer mey be Ie.. ied or ...elled upon this Mortlr
age, or the indebtc-dnell .ecured ;,ereby, each end e~ery, wh.n due end payable, occording to IIW, before Ihey become de,inquent, and belore ony Infere,t
,'" che, or any p~n.,ti is ; 'c.)'., d; Ar,D Jr-lSOFAR AS A'H TH~REOf IS Of RECORD THE SAME SHAll BE PRO',~PTl Y SATISFIED AND DISCHARGED OF
c:(O?D 1\',0 TrlE (.I?I,-;:',,\l OfFICIAL DC';:U-'.',~W (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIAllY ENDORSED
O! CnTII;ED) ~,HI'Ll Be PLACCD It! THE HA';DS OF SAID MORTGAGEE WITHIN IE', DAYS N"XT AfTER PAYME'lT; ond in the e~ent thar any Ihereof is not
!',...I :..1 \7.('d ..:,-,J d,,:(.tvft):d s.Jid "I.ORfGAGfE mal at any time pay the ILHno or 8ny part thereof without waiving or affecting an,! opfion. lien, equity or
t...;hl u'lder cr b; vilv. ": i this mo:tQagc ~l1d the fu!l ar.lOvnl of ~dC~ llnd e'"ery such pa',menf ,h~1I b~ irnmedi.!ltely due ~nd payable ~nd Sh3!1 be.!r interest
('(..>11 !h? d.:.l~ f\.-('it.:'Jf IIl1ri, P'" d at raff" of n:nc ~_'cr ccnturn per dnnum Ind togJther w;tn such interest sn~ll be secured by the lien of th;, morgtaga.