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HomeMy WebLinkAbout0934 ~ '.''`'~~f> ~;;z, THiS INDEMURE, hLd~ i~~~ ~~h day of ~~t~ber A.D. 19 6~ b+tvw+n L1ovd Tavlar and Clotilde F. TeYlor, his ~ife ~ Saint I.+UC~a C~ny plorida, hK~inafi~r d~si~n+t~d ~s tM "MORTGAGOR," and FIR5T FEDERAL SAVINGS AND IOAN A550CIATION OF FORT PIERCE, e cwpor~tio~ wpanis~d• ~nd •xistinq u~d~r tM I~ws o1 iM Unit~d St~t~s of Art+~riu snd havinp iri princip~l pl~n of bwirwa in /1r f:fty of fwt Phra~. St. Luci~ County. Flwid~. Mr~ir+ah~~ d~aiyn~t~d a tM "MORTGAGEE:' WNEREAS tM IVK~RTGAGOR u jwtly Ind~bt~d to tM MORTGAGfE in tM ~um of x"~ ~Q , good and I~wful monay of th~ U~ited ' Stats~ ~dv~nc~d by tM MbRTGAGEE unto t!» MORTGAGOR, ~s evidenced by • cart~in promissory nott of ev~n d~te herewith, of which ths followiny in word~ ~nd fiyu~q b• tn» copy, to-wit: ~ 3~ 101 ~~~~~~~~0 ~ Fo?t Piarcs, Florida, U~~ o b e r g~ 19~ Fw v~lue r~teiv~d, 1, vw w eith~r of u~, promiss to pay, without daf~lcation, to tho ordsr of fIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF fORT PIERCE at Fwt Piert~, Fbrid~, th~ s~m, o~f~,~y~ 5, With inLterest from date at the rat~ of ptr •nnum, in moMhly insqli- m~nn n follows: 00 on tM ~ day of NC~VAmb @T 19~ ~ and a lik~ aum on tfie correspondinq day of each mo~th thsr~- •ft~r until tM whol~ be fully psid. Each installrrKnt first shall b~ •pp~ied in payment of tha interest snd then on the unpaid balanca of the princip~l fum. If default i~ mad~ ln tF» payment of eny inst~llment when dve, and tuth default continuef 30 days, thsn at the option of the holder, and without any other notice, all the remeininq initallrn~nti ahall b~ due and payable ~t once. Privilege is qiven to prep~y this note in wholo w in part at any time without penalty. N~e.i~the~r f~o+rebearonce, nw acteptance by the holdsr th~reof sfter any default in any peyments hereon, shall be deemed eztension. A late payment charfla of SLt~LZ-, sh~~~ be sddsd te ~~th instsllment r~msininq unpaid 7 days after ib dus date, and a like sum shall be added to each such instaltment remrining unpeid 7 days aft~r ~ach wcceedin~ peYm~nt dat~. Each mak~r, sur~y and endorser hereof, joinlly and severally, w~ives demand, presentment protest and notice of protrat for nonpaymsnt, and furttier aflreea to e~y txtension of time of payment, either before or after maturity, without notice to any of u~; ar.d to pay alf costs of collection, inc!ud~nq • reason~bla ~ttorney'~ fae i~ the avent of eny defeult hereunder, and hereby sevtrally waive~ all ber.efit of homestead an~ ezemption under tMe conttitut6on and iews of eech St~ts of the United States, as against this obligetion w ~ny extension or renewal hereof. Witnosi th~ ha~d ~nd feal of tach party. s/ T,lc~vd Tav or ts~AU e/ C otilde r'. Tayl X' (SEAI) cs~A~~ cs~,i~ ! 7 ~ 0 ) St~ts Revsnue (5tamp~ untsll~d on wiqin~l note) C NOW, THEREPORE, tke MORTGAGOR for the purpose of securing payment of said sum of =.~'i~~~~~~ and th~ performance of th~ cov~nants and sqrMm~nts her~tnafter expresscd, and for divers qood snd v~lueble cnn~idarations, by thesa preienri, does gr~~t, barqain, sell, ramise, rel~as~, conv~y ~~d confirm unto th~ MORTGAGEE, it~ s~ccexwr~ and assigns, all thet cert~i~ iot, piece w parcel qf Isnd, tituate, lying, and beinq In the ~~~ty o{ SL'3i_11~ i~t1Cj A and State of Florida, dawibed a~ follows: Lot 8, Hlock 1, REPLAT OF PAIM GARDENS, acaording to the pls~ thereof recarded in Plat Boak 12, page 1~2, public records of St. Lucie County,, Floride~, t/ , d~ W~, S~fA~I'~ U~ f"LUFtIC.JA iN PAYMEN70F7AXES ~ F. DOCUMENTAp". STAMP TAX ~ Z = _ o~~.,E T RECEIVED S tNtANG!3LE F~RSO~AL PROPER7T, J + c.~~9~ DU ~ O`7 CLA55 a ~ ~~T-8 65 1~~+:r ' p(,j~SUAT'iT ?U GKAPTER 20724, ACTS OF 1941~ ~ - 7~J RCG:R ~r~7~~'S~ Cierk Circvit Court N f ~?'PTROLLER t'.t~. t9~t;a = st~ Afl~nt f~ CU:cSIS M. JAMES _ St. luct• oun#y Taa C ~cror toyetMr with •11 and sinyuier the tenements, hereditaments and app~rtances thereunto b~l or n anywi~ appertaining tIS6PbtbTi~i?i~itnN, iuue~, prptssdf ~nd profin accruiny and to sccr~e from iaid premise:, all of which ara included in tM abova and foreqoinp descriptia? and h~bendum. YO HAVE AND TO HOID the above deszribad and gra~ted premi:es unto the said MORTGAGEE, iti successors and a~signs forevsr. And th~ uM MOR7GAGOR fw hR l T ~iri, executors, sdminiatrators snd assigm, hereby covenanri wifh tke s~id MORTGAGEE, iti ~ucc~ssorf snd swiyro, that ~r~--- ~~wfully feized of the wid premises in fee simple; thet the same ~r+ frae, tleer and diuhsrqed frwn ~II Ilena ~nd Mtvm- br~nt~f in l~w or in ~quity, a~d that ' t~~ will and ~h-g-j- heirs ihsl) wrrrant and defend the title to ths Nr»~ to iha sai~ MORTGAGfE, itf tutussw~ and auiyns, forevtr a9ainst tht lawfu! clsim• and demands of sli persom; ~ PROVIDED, ALWAYS thit if tka MORTGAGOR shall pay unto tfie MORTGAGEE the promiiwry note hereir.befare drsuibed snd shall truly, pramptly •nd fully pfrform, ditcharq~, exec~te, complete, comply with snd abida by each and every the ttipulationt, a~reements, conditio~s arid tovenants af taid promissory noto ~nd of thi~ Mort9aye, ihe~ thi• Mortyafla and the Eftate hereby ae+ted thall ce+sa and be null and void. IT IS UNDERSTOOD that tM word "Mortyayor" whether in the singuler or plural •nywhere in thi~ M~xtflaye, shall be •inyuln if one only i •hall b~ plur~l jointly snd ~ever~lly if mor~ th~n o~e, and that the wwd "their" sf rned •nywhere in this Mortysqe ~hall bf taken to m~+n "hi~;' "hen;' w"ih," wMr~ver th~ cont~xt w impli~s or ~dmits. Also, lhat wherrver tfiere is a rsference in the covenants snd ayreemerth hereim m~tsined to •ny of tht partiy F»r~to, tM ~am~ ahali be construed ro meen as well as tha hein, Ip~l r~presentativss, auccosson +nd a~siyns (tither voluntary by Kt oi tht psrti~t a involunt~ry by oper+tion of iM law) of the same and that the coven~nts he~ein co~t~ined shall bind •nd tM 6tnafits end ~dv~ntaya i~ur~ to tl» nsp~ttiw h~irs, {~y~l r~pres~nt~tives, iucceston and au'~nt of the partia hereto. And teld Mortqsqon, fw themse{vss •nd their heirs, legal representetives, successors and auiflns, hereby jointly and s~verally covensnt •nd ~qrta to ~nd witfi ifiv ~aid MOR7GAGEE, iri iucc~saors and asaiflns: 1. to pay •II and tin{~ul~r tM prinup+l and intsrsst snd tlx vario~s and tundry sums of monay payabl• by virtue of said pramitwry nate, •nd thi~ mvrt~~yt, ~ath a~d ~wry, promptly on th~ dsy~ refpectively tM same ~tv~r~lly bscort» dve. 2. To p~y aIl snd ~inyvln the t~xes, asaeuments, lev~, liabilir~es, obl~~ations +nd srxumbr~nces of wery nature ~nd kind now on said da+c*ibed prop~?fy, a tMt h~r?~ftN may b~ impowd, wffered, plattd, levied, w a~sessad theraon, or tha/ hereaft~r may b~ levied or assess~d upa~ thh Matp- w tF» Md~bt~dn~ss ~ecur~d fiertby, ~sch u+d ev~ry, wMn dw ~nd p~yable, ~ceordinq to lew, befor~ tMry become dtlinquent, and b~fw~ ~ny imNKt •ttachet w any penalty is ir~turred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII tiE PROMPTIY SATISFIED AND DISCHARGED OF RECI~RD AND THE OitIGINAI OfFICIAI DOCUMENT (SUCH AS, ~OR INSTANCE, THE TAX RECEIPT UR THE SATISfACTION PAPER OFfIC1AllY ENDORSED OR CERTIFIED) SHALL SE 1'LACED IN THE HANDS Of SAIU MOItTGAGEE WITHIN TEN DAYS NEXT AFTER VAYM@NT; and i» the ev~nt ihat any iher~of i~ nW paid, s~t'~fied •~d diftharqe~ ss;d MORTGAGEE may at any time psy the tame or sny psrt thereof withovt waiving or •ffettin9 •ny option, ii~n, equity or riqht und~r or by virtue of thi~ mortgaye and the ful! amo~nt of each and every such payment ~hsll be immediate~y due and p~y+ble snd shall b~ar int~r:~t ~rom the +1att thereof un~il paid st r~te of nine per centvm per ann~m •nd ropether wlth such interest thell be secvred by the lim of th:~ moi f 600K ~~O ~5