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Home My WebLink About1157 ~ • ~4 ~~!r . ~t r~ .D THIS INDENTURE. Meda rhe~_-.-- day of June _ , A.D. 14 6? , between ~ ~ L,i oycl Te~lor and Clotilde F. Tavlor, h?.s r~ife ~ ~ ~ V _ ~ of _st.~i33Sc I'UCi.4--__, County Florida, hereinafter desi~nared as the "MORTGAGOR," end fIRST FEDERAL SAV!NGS ~'vND LOAN ^ ASSOCIATION Of FORT PlfRCE, a corporarion organixed a~d ezistiny under the laws o( the Urited Statos of Ameriu and having itr princ;pal place nf busineu in the City of Fort Piarce, St. lucie County, floride, hereinaher desi9neted ~s the "MORTGAGEE." WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum of g._~~~~QQ good and lawful mene~ of the Unitea States advonced by the MvRTGAGEE unro the AAORfGAGOR, as evidenced by a tertain promissory no!e of aven dare herewith, of wh~cn the foilowing in word~ e1n~d fipuras is a irue copy, tawit: = 7.LL~O~n~ No12 Fort Pierce, flwida, `jUTlA 3~ 19~~ For va~ue received, 1, w~ or either of us, prom;se to pay, without defalcetion, to the order of FIRST fEDERAL SAVINGS AhD LOAN ASSOCIATIO(V OF ~URT PI.RCE at fort P~ier~ce, Plorida, the s~m of 5 7~~Qa ~0 - with inte~r,e~st from datz at the rate of~ ,o oer ann~m, in monthly install- ments as Fol;ows: S-~'-t~~ . on thel~h day of~~tAm~78r_ , 19-1_ and a like sum on the correspond~ng day of each month there- after ur.!il the whole be fully paid. Each instafl~nent first shall be appiied in payment of the interest and then on the unpaid balan:e of th~ princ;pal sum. If default is made in the p~y~nent of any insrallmen; when due, ar.d such defau!t continues 30 days, then at the opt~on of the holder, and vrithout any other notice, a!I the remaining ~nstailmer,rs shall be d:,e and payab!e at once. Privilege is given to prepay ihis note in whoie or in part at any time without penalty. Neither forebearance, nor acceptance by the holdar thtrzof afrer any dela~it in any payments hereon, shall be deemed exiension. A late payment charge of S shail be added to each instailment remain;ng vnpa~d 7 doys after iis due date, and a like surn shafl be added to each such installme~t remein~ng u+~pai 7 days after each succeed:ng payment date. ~ Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice oi protest fer nonpayment, and fv~ther agrees to any extens~on of t~me uf payment, erther ~efere or aher maturity, without notice to any of us; and to pay all costs of co!lec?ior., indud:ng a reasonable attorney's fee in the event of any defaulr hereunder, and hereby severaliy waives all benefit of homestead and exemptian under the constitution and laws of each Srate of the United States, as aga~nat Ihis obl~gation or any exrension or renewal hereof. Witness the hand and seal of eacn party. ~f Lloyd Ta ~1.0~ csEn~> 4~ C14t~~ F. Taylo_r_ iSEAt) (SEAL) (SEAL) ( ~~'3.~..-) S!ete Revenue (Stamps cancelled on original note} NOW, THEREFORE, ihe MORTGAGOR far the purpose nf securing payment of sa~d sum of S ~~~OsrO and the performance of the covenants and agreements hereinafter expressed, and for divers good end veluable considerotione, by ihese presents, doe~ grant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE, its sutcesson end asaign~, ell that tertain lot, piece or parcel of land, situate, lying, and being in the County of SAlTl~ Lue3e end 5!ate of Flori~a, dettribed es followu Th~ West !~0 fP~~ of Lat 12 and a11 of 1ot 13, Bl_ock 5, RUHLM~N SiJBDIVISION, a9 ner ;~lat thereof recarcied tn plat Rook 9, n~ep 55, ru'rsl.ic re~;nrds ~f S~int L,icie ~~~~r..t,y, rjlorida, • REC°~YED PAYM_NTOFtAXES DUEON CL::;~.C. ,"1Ta~1"i'3!{ P=.'S~VA~?ROPERTY, i PUR~I'4 ~T ""~F:APi cR ~=~7`[~i. '~F ?9:31. _ ~c e ~ - , , ~i~~k c~<<_~~~ c~v~r ~ S"(-A~. ~ ~~F L ~ R I UA es E.cent f_r ~U=.?i~ h1.1A1,1ES U DQCUMENTA W _ ~ v St. Lucie oui y 7ax Coilector _~~7'65lc~ ~~.o Y ~ ~ = I I 2 5= v~~~~ N V COMPTROLIER~~.~"' - . By DEPUTY CLER'C 190138 ~-=~'~"~i ~ tc~gether w~th al! and singular !he tenements, hereditaments and appurtantes thereunto belonging or in anywise appertaining theteta, and slt renti, iseue~, pr~caeds and profits accruing and to accrue from said oremises, all of wr.ich are indudec! in the above end foregoing de~cription and habendum. TO HAVE AND TO HOLD the above dcscribed and granted premises unto the said MORTGAGEE, it~ sutcessora and asiigns fortver. And fhe faid MORTGAGOR for heirs, eiet~tors, adminiatrators and atsigns, herek~y tovenantf with the taid MORTGAGEE, its succes~ars end as~ign~, ;hat lawfv~ly seized of the, said promites in fce simple; thet the same sfe free, deer and discharged from sli liens and encurrr brances in law or in equity, and fhat_~~.~ will and their hein ihall warrant and defend the title to the sam~ to the said MORI'GAGEE, its successors and assigns, farever against tho lawful claim• nnd demand~ of all persons; PROVlDED, ALWAYS that if fhe MORTGAGOR shall pay unto the MORTGAGEE the promiasory note hereinoefore deacritxd end shall truly, promptly and fu!;y perfarm, discharge, execute, complete, comply with and abide by each and every the ~tipulationa, egreemants, condition• and covenants of said promissory notc and of this Mortgage, thrn this Mortgage and the Esta9e `:ereby tteattd ahall cease and bc null end vaid. 1Y I5 UNDERSTOOD thai the ward "Mflrtgagor" whether in the ~ingular or plural a~ywhere in thit Mortgage, •t~all be s~nguler if one oniy end ehall be plurel jointly and severolly if more than one, and that the word "their" es used anywhere in thi~ Mortgege rhsll be taken to meen "his;' "heri," or ' its," wherever thr contexs to implies or a<imits. Also, thet wherever there i• e reference in ths covenenti and agreements herein contained to •ny of the parties herero, the seroe shall be to^etrued to meen as weli ai the heirs, legal rep~etentstives, auccestors and astigns (eithnr voluntary by act of the perties or invoiuntary by operation of the law) of the aam~ and that the covenents harein contained shall bind and fhe benefits and advaMagos invre to ihe respective heirs, legal reprrsentatives, ~uccessors and as~~gns of the p~rtiet hnreto. And said Mortgagori, for themselves and their fieiri, legai representetiva, auccessort snd atsigns, hereby jointly and severolly covenant and ayrer to and with !he said MORIGAGEE, its succtssors and assigns: 1. To pay ail and ~ir~ulsr the principei end interest and the various end ~undry sumt of money payable by virtue of said promissory note, and thi~ mortgage, aach and every, promptiy on the day respectively the same severally become dve. 2. To pay ell and ~ingulsr the taxea, assessments, leviei, liabilities, o5l~getio~s and encumbronces of every nature and kind now on s~id desaibed property, oi th~t hereafter may be impwed, suffered, plxed, levied, ar aueued thereon, w that hereaftet may be levied w astesatd upon thi~ Morty sga, or tha indebtedneix tecured hereby, each a~d evtry, when dw and peyable, xcadiny ta I~w, befare they became delinquant, and before any lntnesf attaches or any penalty is incurred; ANp tNSOfAR AS ANY THEREOF I$ OF RECORD THE SAME SHAII BE PROMi'TlY SATISPIED AND DISCHARGEO Qf RECORD AND THE ARIGtYAL OFPICIAI DOCUMENT lSUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SA715FACTiON PAPER OFFICIAILY ENDORSED OR CERTiFIED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof i~ not pa~d, sat'sfied and discharged ~a'd MORTGAGEE mny at any tfine pay thr sam;~ or any part rhereof withaut wsivi~g ar affcct~ng arcy option, {ien, equity or •~pht under ar by virtue of this mortgage and the full amaun'r oT each and every such payment ~hall be immedietely due and peyabin end shell bear interesr src~m the date fhereof unt~l paid at rate of n~ne per centum per snnum and together with fuch interest t~ell be secvred by the lien of th:a morgtaqe. ~a~c ~I~