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THIS INDENTURE, Mad~ th~ lbth day of -~C~mb~r' A.b. 19_.v-'.,, betw~~n
Llovd Tavlor and ~lotilda F. Taylc~r,, a Kt fei
of s t. LuC ~.9 4 County Florida, hereinafter d~~lynated as th~ "MORTGAGOR," and FIRST fEDERAI $AVINGS AND IOAN
ASSCCIATION OF FORT PIERCE, a torporot~on oryan~zed ond existing under the laws of the Unitrd Sre~os of Americe and havin9 it~ principal ptic~ of
t~u~in{u in the City of Fort Pierte, SL lucie Co~nry, Flo~id~, h~roinaher deaignated es fh~ "MORTGAGEE."
WHEREAS the MORTGAGOR i~ u~tl indebted to the MdRTGAGEE in the sum of Z •~a
1 Y good and lawfui money of the United
Slates rdYanrzd by the MORiGAGEE ~ntp !he h10RTGAGOR, as evidrnced by a certain promiisory nor~ of even date herewith, of which the fo(iowinq in
words and f+gurpf is a tr~v tcpy, towi};
f~ s o0 . ~Q Np_ 2CLL
Fort Pierce, F~a~,da, _ De e ember ~q~_
For va!ue received, I, we or either of vs, promise to pay, without defaltation, to the order of FIRST FEDERAI LSAV-I~NrGS AIVD IOAN A550GIATION OF
FpRT PIERCE at Fort Vie~ce, Floiida, the sum of s_~-~~~~
• ,n,;th 'snterest from date at the rata ofs.L. e~% per artnum, in monthly install-
ments as tol!ows: 5....13.._4YC~ on thel5th dey of '~.b lA~''\7___, 19_LiCL end a like sum on the corresponding day of eath month thcre-
af~er until the ~vhoie be fully paid.
Each instal!mtn? first shail be apn!ied in payment of the interest and then on the unpatd balance of the prinupal sum. If defeult is madc in ihe
paymem of any insta~iment when due, and such defa~!t cont~nves 30 days, then at the opt~on ef the holder, and w~thout any other not~ce, all the remain~ng
instatiments shail be due and payab!e at ance. Privilege is given to prepay ihls nate in whole ar in part at any fime wiihout penaify. •Neither forebeersnce,
, nor acceptance by the holda~ thereof after any default in nny paymems he~eon, shali bc deemed exterision. A lare payment cherge of shall be
' added to each instailmenf remaining unpaid 7 days aher its due date, end a like sum shall be added to each such installmeM remeininy unpaid 7 days ~ftor
each •;,cceeding payment date.
Each maker, surery and ertdorser hereoi, ~ointly and severally, waivea demand, preseNment protest and notice of protest ior nonpayment, and further
agrees to any extension of t~me of payment, either befote or after maturity, witho~t not~ce to any of ~s; and to pay ali costs of collection, includ~ng e
reasonable attorney's fee in the event of any defauit Fereunder, and hcreby severally waives ell ber.efir of homestead and exemption undet the tqns)itution
and lavvs of each Srate of the United Sta~es, as aga+nst this obfigation or any extension or renewal hereaf. •
NVitnesa the hand and seai of each party.
.1 n~td Tanl ~r ~SEA~)
Sf Gl c~ .i i d~ F,,,,_!j~e~vi or fSEat)
(SEALJ
(SEAL)
( ~ ~ J 5rete Revenue W
(Stamps cancelled on original note)
NO'~+V, THEREFORE, the MORTGAGOV. for the pur se of secu~in e ment of seid sum of ~+1~~•
R° 9 P Y S- snd the perfnrmance of the
covenanls end agreementa hereinaftee expressed, and for d~vers good end valuable considerotion~, by these presents, doe~ grant, bargain, sell, ~em~se,
relaese, convay and tonfirm unto tF~tr MORTGAvEE, its tucces:on end asxigni, all thet ctrtain lot, piece or percel of I~nd, situete, lyinq, end being in the
County of S t. Z+LtC ~ and Steta of Floride, da~cribed a follows:
Lots 19 and 20, LESS the East 10 feet of Lot 20, Block COLLINS PARK
SU~DIVISION, as per plat thereof on file in Plat Book 5, page 37, publyc
records af St. Lucie County, Florida, OTHERWISE DESCRIBED AS Lot 11,
Block REPLAT OF PALM G~RDENS, as par plat thereof on file in Plat
Book 12, page 42, public records of St. Lucie County, Florida,
~ ~c
RR~CE7~/ED$ --•--~--r-~IN pAYMEA140FT,~X['d
DUEOh C!.?SS'C' ;NTANf,IBLE PERSONl1L PROPER7'Y,
PURSUAtrT T~::Hr.~'iER20"12d,l~,~7SUF f94),
RO'~ • , C!-~rk Circuit C:urt
as F~-r,t f r:`U~TIS M. JAt~',LS
St, l~c~o :.ount 7ax Callector
~~----fG%~,~~~ _
~y ~ 5-Ila~ ~~Frt_Ukt~.;~
UEPUTY ~LEkK
~ ' D~CUMENTA~?~SrAMP 7'AX
- iO'~ Q -
~ _ ~C17'65 ^~~~if c
~ U -
~ ~6 ~~W
~ CC1.1P7fiCLtER ~ _
p[~.i90f33 .,c:.~c' _
together wi!h all and sin~ular the tenements, hcred~tament~ and appurtances rhereunto betanping or in anywise appert+sining thereto, and all rentt, issues,
proceeds and profita accr~ing an~ to accrue from sai~i premises ell of which are included in the a~vve and foregoing description snd habend~m.
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TO HAVE AND TO HOLD the above described and grented promi~ca unto the ~aid MORTGAGEE, iti successors and auiflnt forover. And tlt~ ~afd
MORTGAGQR for ---~Z-' heir:, executon, admi»isr~ators and nssiqn~, hereby tovenanta with the said MORTGAGEE, it~ •uccessors ~nd auigns,
rhet -~-~-~3-'~- lawfully seized of the •aid premiiei in fee ~imple; ihet the ~ame are free,. dear sr.d discharged frpm all liens and Rncurrr
brances ;n lew o? in equity, and that_ th8.~~ wil! and i*' heir{ ohsll wsrrsnt e~d defend ths titl~ to the samo to tM aaid
MORTGAGf.E, irs succesiors and ass~gns, foraver agaimt the lawfu! clsimt and demand~ of sli persons;
PROVIbED, ALWAY5 that 9f the MGRTGAGOR shall pey unto the MORTGAGEE the promittory note hereinbefore dearibed and ahall truly, promptly
end fvlly pe~form, diuharge, exetute, complete, comply with an~! abide by each and every the ~tiFuletions, agreemenn, conditions and tovenants of taid ~
prorrissory nate snd of this Martgage, then thiY Mortga9e and the Estate hereby crested shall te~te end be nuli and void. #
~
IT IS UNDERSTOOD that the word "Mortgagor" whalher in the singular or plural •nywhere in th~t Mortgsfle, thaii be tin9ular if one only arrd ~
shait be plural jointly and aevera!!y if more then one, er.d that the word "their" as used snywhere in thii Mortgage shall be taken to meen "his," "hers,"
or "its," wherever the cpmext ro implies or admits, Also, thet wherever there is a referenca in the covenents and aqreamenta herein contained to eny of
the parties hcreto, the sam~e thafl ix construed to meen ai weil ss the hair~, leq~! rRprnentative~, succss~or~ ind s~~~flnr {either volunt~ry by act of the
partier or involuntary by operation of the tsw) of tha •sme and thst ~he covensnt~ htrsin conteined shell bind snd the Fxnefits and advantaqes invre
!o the re~pecti~a hefrs, lege~ representativea, succes:on and ai~~9n• of the p~rtiei ixreto. ;
And •aid Mortgagort, for themselvet end thair hein, Icgs~ repreaentative~, wcceswn and assigns, hereby joirttiy and ~everolly covenan! and syrer ~
ro e~d w;th t}~e said MORTGAGEE, irs succeswrs and ais~~n::
1. To pay all end s~nflular the p*incips! and interest and the various end •undry sums of money peyable by virtue cf teid promistory note, and thi•
matgage, each ~nd every, promptly o~ t1+~ days respactively the seme fewralfy 4xcome dun. ;
2. To p~y all and oinqula? the taxes, suessment~, levies, liabilities, obligations end ~nc~mbrances of every natvre and kind now on siid described
props~ty, or rhat hsreeher may be imp»ed, tuffered, pl~ted, Irvied, or suessad thareon, w that hereeftar may bs levied or ~i~eased upon thit Mortg-
~ye, or tht indsbted~vu tecured heroby, eech and every, when due and p~yable, accordiny to lew, b~fora they become detinquam, and befor~ any intar~st
: attechti or any penslty it incurred; AMD INSOFAR AS Ak iNEREpf IS Of RE:ORD THE SAME SHAti. BE PRO~J1PTlY SATISFIED AND DiSCHARGEU Of
+ RECdRO AND THE ORIGINAL OFfICIAI GOCUMENT (SUC~ A5, FOR INSTANCE, THE iAX RECEIPT OR THE SATISFACTION PApER •OFFICIALIY EWDOR$ED II
QR CERTfF1ED) SHAlL BE PLACED IN THE HANDS Of SAID MORiGAGEE WITNIN TEN DAYS NfXT AFTfR PAYMENT; and in rhe evant thet sny thereot i~ nof f
pa~d, sat':f'red snd discharged sa:d MORTGAGEE msy at ~ny time pay the same ot any part the~cof witho~t waivi~g or sffecting~ any opfion, lien, equity or ~
~~qht undrr o. by virtue of this mortgage ar.d the full emou~t ~f each •nd every sucl~ psympnt thall be immediate~y due and payab~s and shall be~r inlerest
~rom the date thereoi until psld at rote of nine per centum per annum and tagelher with •uth intere~t fhall be necured by fhe iien of th;~ morytage.
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