HomeMy WebLinkAbout1159 ~ ~
~ a.J± l~.~~ ~ ~
THIS INJENTURE, Made me____1.l_~---_ day of J~lne A.D. 19_L., between
_ _ _ I~lo~d Tavlor and Clotilde F. Tay~lor, his wife .
y of ~ int 1_~~~__ County Flo~ida, herainafter deaignared ~a the "MORSGAGOR," and fIRS'f FEDERAI SAVINGS ANG LOAN
~ ASSOCIATION OF FdRT PIERCE, e corporat~on organ~zed end ex~ating undar tha laws of the Un~ted Sretos of Americe and having its pr~ncipal place of
~ business in the City of Fort Pierce, St. l~cia Covnty, Florida, hereinaft~r desiqnated a• ~hs "MOQTGAGEE:'
WHEREAS the M~RTGAGOR is jusrly indebted to the MORTGAGEE in thr sum of S 7T~~~O~n~ g~od and lawful money of the Un ted
` Stetaa advar.ced by thr MURTGAGEE unro the MORTGAGOR, es eviderced by a certain promissory note of even dare herew~th, of wh~,h the foilowing in
` i w~~sal~~~rnQs a true coPY, to-wir. ~0 12 Q~ 2
~f V
fort Pierce, Fioride, June ~q
For value received, I, ~na or either of ~s, promise to pay, without defalcation, tu the order of FIRST FEDERAL SAVIN ~ AN~ LOAN AS50CIATION OF
FORT PIERCE at fort Pierce, florida, the suym ~of S~ ! ~~O w;th interest from date at thc rate of~!
~~c p~~ annum, in monthly install-
ment~ as fol ows: S_-.- r~Q-- on rhe-~~ vaa day of Se~taniber ,)q 6~_,_ anu a like sum on the correspond~ng day of each month there-
afrer until the whcie be fully pa~d.
Eech ~nstailment firsr shall be aFplled in payment of the interest and then on the unpaid balance of the princ~pal sum. If default is made in the
pay~nent of any instal:ment when due, and svch default continuea 30 days, then at the option of the holder, and w~thuut eny other notice, al; rhe remeining
nstai!mems ahall be due and payab~e at orce. Priviiege is given to prepay ihis notc in whole ar in part at any time without penalty. Neirher forebearante,
nor acceptance by the ho!der thareof afrer any defa~lt ;n any payments hereon, shal~ be d-emed extenaion. A late payment charge of S~• shall be
added to each instaliment remain~ng unpa~d 7 days after its due dete, and a like sum shall be added to each such instai!ment remaining unpaid 7 days after
each succeeding payment dare.
Each maker, surety and endorser h?reof, joinNy and severaliy, waives demand, presentment protest and notice of protest for nonpayment, and further
agrees to any extens~on of tir.ie of payment, either before or after maturity, without not~ce to any of us; and to pay all costs of co~lection, includ;ng a
reasonab~e attomey's fze in the event o~ any defau:r hereunder, and hereby severally waives all benefit of homextead ar,d exempti~n under the consritution
and laws of each State of the United States, as against this obligarion or any extenaion or renewal hereof.
W~tness the hand and seal of each party.
s Llo d Ta io csea~~
9 ClOt~1C~9 T&y~OT' (SEaL)
(SEAI)
' ~ (5EA4)
( 11 ~ _ ~ j Sta!e Rever.ue ~
(Stamps centelled on original note) ~
NO'~V, THER['rORE, the MOR7GAGCIR for the purpone of securing payment of said sum of =....~Z ~~0 , and the perFormancc of the
covenanrs and agreements hereinafter expressed, and for divers good and veluable contiderstiont, by theta presents, dxs grent, ber9ain, seil, remise,
relea3e, convey and tonfirm unto the MORTGAGEE, its succeswrs and assigns, all ihat certai~ lot, piece or parcel of land, aituele, !ying, and being in ihe
County of Saint LUC~9 ~ and S!ate of Fiorida, detcribed s~ follows:
The ~Jest 3!~ feet of Lot 19, and all of lot ?_0, F.lock 5s RUHLMr1N SU~BDIVIS?ON~
as nFr ~~lat thereof racor~9~c~ in Plat ~aok 9~ :~a~e 55, njzhli- records o.f
~t. Lucie Caunty, r'lori_d~,-'
/ y`~ ~ r
REC~lYED ~ IN PAYME4T OF TAX~~ ~
DU~ON ClASS'C' INTA~IG!BLc pc~tn~;6l. P!iOPE~T'/ .
PURSUAV i~O •::NAPTER 207c=. ~":r= =~;F 1941. ~"'r~-- OF ~~O~~v~
RC G' r~. , ~1~rk C~rc~:; urt ~ r S'TA~~~7so" TAMP TAX
as A~_nt f-r Ct) TIS ;41. JA~1*_~ ow r
a *
St. Luue c~rty ~ax Collectcr J Z _,~-7'65 ; ~ r~~ CJ~
'
~~G'~-~~L~ O ° ~ '
B h C~ ~OMPTPO!
lEA ~
~I DEPUTY GIERK ~ ~~.190138 ~`z-~
together with ail and singular thr tenemenis, hereditaments and appurtances thereu:+fo betanging ot in anywise appertaining thereto, and eti rent~, issues,
orocreds and profits accruing and to ac4rue from said premises, ail of which ere included in the abovt snd foregoing deuription end hebendum.
TO HAVE AND TO HOLG fhe above described erd granted premiaes unto the said MORTGAGEE, it~ succeasors and assigns fartver. And the soid
A50R7GAGOR Tnr ---~5-~---- hei!s, executort, administrators and assigns, hereby covenentt with ihe said MORTGAGEE, its successors and atsiym,
that -~g-sY---~~-- !awfully seized af the said premifes in fee simple; ihat tho iame are fr~e, clear snd distharged from all lient end •ncvrtr
brance~ in law or in equity, end that •~Y will and the ir heirs ~hel! warrant end defe~d the title to the ume to the u+d
MORTGAGEE, its successors a~d assigns, forever against the lawful claimt and demandt of all person~;
PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promi~~ory note hcreinbefore described snd ~hsli truly, prompt~y
and fully perform, d~scharge, ezec~te, complete, cemply with and abide by each and every the stip~'.ations, agreementi, conditioni end tovenants of iaid
promissory note and of this Mortgage, then thia Mortgage and the Estatr hereby created ~hail cease and be nuli and void.
!T IS UNDERSTOOD that the word °'Mortgagor" whether in the ~ingular oe plurs! anywhere in thit Mortgage, shal! 6e •ingular if one only a~d
shall be p!ural joint~y and severally if more than one, and thet tha word "the+r" a~ vsed anywhere in this Mortqage shall be taken to mean "his," "hers:"
or "its," wherever the context so imp'ies or admits. Als~, that wherever there i~ s referenca in the covenants and agreementt herein conteined to any of
the perties hereto, the ~ama ihall be constrved tc mean es well ai the heirs, legal rsp~tsentativa, succaiiors and assigns (either voluntary by act of the
partie~ or invo~untery by orxration of the law) of the same and thaf the covenanb herein tontained thail bir~ and the benefit• and adventaget inure
to the reipective he~ri, legal representa!ives, succesiors and s:rgns of the pertes hereto.
And said Mertgegors, for themse!ves and their heiri, legal representatives, svtcassors snd usigns, hereby jointly and ieveraily covenant and agtee
io ar.d with the seid MORTGAGEE, ifs su;cessors and assigna:
1. To pey a11 a~d singulsr rhe principal and intereet and the varioui end sundry sums of money peyable by virtue of said promiafory no4e, end thi~
mortgagc, each and every, promptly on the day re~pectively th= same severatly betom~ due.
2. To pay ell snd singular the taxes, astessments, levies, lisbilitias, obliyations snd encvmbrsr~ees of evsry narure and kind now on said described
property, or that hareafrer may be imposed, auffered, placed, levied, o~ ~ueued therron, or thAt hereefter may ix levied ar essestrd upon 9hie Mong-
age, or the indebtedness srcured hereby, each and every, when due and peyable, aecordinq to law, 4aefora they become delir~quent, and befora •ny interest
at~aches or any penalty is incurred; AND INSOFAR AS ANY THEREOP IS OF RECORD THE SAME SHAII BE PROMPTLY SA715P~ED AND DtSCHARGED OF
RECORD AN~ THE ORIGiNAI OFFICIAL dOCUMENT (SUCH AS, FOR INSIANCE, THE TAX RECEIPT OR THE SATiSFACTtON PAPER OfFiCIAIIY ENDORSED
OR CERTIFIED) SHALL 8E PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS ~1EXT AFTER PAYMENT; and in ihe event that any thertwf is not
pa;cf, sat'sfitd and discharged ea'd MORTGAGEE may at any time pay ihe same or any part the~eof without waiving or affectinq any option, iien, equity or
~~qht unJer or by virtue of th~s mortgage and the full amo~nt of each end e~ery tuch payment thall be immedietrly d~e and payable and fhall bear interest
~rom rhe date the~eof unlil paid at rate of nine per cent~m per enr~m ~ether with ~1W erott •hall Ix setured by fhe lien of th's morgtage.
a v V ~V i