HomeMy WebLinkAbout2144 -~-'~JVVV
THIS INDENTURE. INal~ d~~ 6th daY of October A.C. 19.~~ b~1wMn
Dout~la e Nexton Tavlor and ~labe 1 R Taylor~. his Wife
of St ~ LIIP_~ A ~~pyn~ F~~ ~fiMfiK de~iprrf~d ~f fM "MORTGAGOR," and FIRST fE~ERAI SAVINOS AND IOAN
ASSOCIA1iON OF fOR? PIERCE, • ao~paatio~ orpaoised and ~,cwtinp und~ tM law~ of th~ Un~t~d Stat~a of Amxica ~nd Mvinp i» principal piaa of
bu~irwss in tM Ci1y of Fwt Pi~rp. St. luti~ Coue~y. Flaida~, ha~in~ha daipnat~d a~ tM "MORTGAGEE."
WHEREAS tM MORTGAGOR k iustly indeW~d b th~ MORTGAGEE in th~ wm of ~ 2~ 5Q~ . yood and I~wful mon~y of the United
States advanced by tM MORTGAGEE v~to th~ MORTGAGOR, ~i ~vid~nc~d by a pnain promiuory ~ot~ of eveo date her~with, of wh7ch tiw fdtowinp in
words ~nd fipwq b ~ trw oopy, lo-wih
= 2,500.00 N,_ 13,T86
f,~, P~«, F,,~;d,, Oc tob e r 6 19~
Fw valw repivsd, 1, vw or ~ithe~ of us, p?omist fo p~y, without d~f~lcalion, to th~~ader of FIRST FEDERAL SAVINGS ANO IOAN ASSOCIATION OF
FcRT PIERCE at fort PiKa, florida, th~ wm of = 2+~00 • ~0 with inte?dt from dale ~t tht r~It of o'X~ p~ uv~wn, in moathly instal6
me~rs ~s follows: = 25• ~0 p~ tlw ~Q,~d~y of Nonemher ,~9-.6.6 and • like sum on tM conespor?dirg day of each month thar ~
afrer until the whpl~ b~ fully paid,
Eath in~ta0msnt first slul) b~ applied in payment of 1FN interest ~nd thcn on the unpaid balsnte of ths princip~l' sum. If def~ult ia n~d~ in tM
pa~me~t of ~ny ir?iUllmant when dw, u~d wch dehuh contin~es 30 days. lhen at the option of the holder, ~nd without a~y otlxr ewtice, sll the rem~inirg
~r,srallmenta sMll b~ dw and pay~bb ~t ooce. Privik~e is yiwn to prepay ~his nota in whole a in pa?t at any t~me wifhouf pen~lty. Neither for~btar~nce. ~
~or acc~ptanct by the holder thsreof afra any deiault Fn any psymenri he;eon, shs)I be det,ned extension. A I~te payment chsry~ of 2 shall b~
added to each iostallment remainirg ~opaid 7 days after in dw dats, and a bke sum shall be added to esch such installment remaininy uepsid 7 dayt aRer i
each sutp~din0 paym~nf daft.
Each maker, w~~ry snd endorser her~of, iointly a+x! uverally, warves demand, p~esea~tmcnr protesl and notics of p?otest for ~paymerit, and fwtMr ~
egrees to ~ny ~xtensan of timt of psyrn~nt, eithe~ befors w after maturity, without notice to a~y of ui; and to pay all cosb of coll~ctlen, includ~np •
reasonable ~ttornay i f~e ie the evenl of any default hereunder, snd he~eby seve~atty waives att benefit of homestead and exemption under tht constifution
and lsws of ead~ Sfat~ of /M United Sute~, as aya~nit this obligation a sny eatension or renewal hereof,
Witnsas tM hand u~d sesl of aach pa?ty
u _~~/Douglea NeWton Te.ylor
c~nu
_ fsl Mebel R_ Tev2er ~y
. ~
ts~?U
~ 3. 7 ~ sra~. R.r.rw.
(Sramps canpll~d on oriyinal not~)
NOW, THEREfORE, th~ MORTGAGOR fw ths pwpose of secvring p~ymenf of said sum of S 2a 500 • , a~d ths perform~nc~ of th~
COVMJf1t~ alld 10fNf11e/1}s IflfMMf1N lllFlflf3ld, and fw ~ve~s yood and wlwbl~ ca?sider~tiw?s, by thes~ preisnts, does gr~nt, b~~~~in, tell, r~mis~,
releese, eonwy and eanfirm unb tM MORTGAGEE, in succeuws and auigns, •II ~hat certain lot, piso~ or parcel of (u~d, s+twt~. IYirg, and beieg in tM
~~~ty St~ Lueie , and Stste of Florida, dncribed as fdlowi:
Lot 13, of RIVER GATE ESTATES SIIBDIVISION, ae per plat thereoP
on file in Plat Book 10, et pege 66, of the public records of
St. Lucie County, Florida,f ~
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togetiwr with all ~+d sirg~lw th~ t~rwmeny, hered;tame~tt and ~ppv?tances thereunto belonyirg a in anywis~ ~pperuininq therNo, ~nd ~II nnt~, bNns, ~
proceeds and profits aarvinp and to ~cwe hom said premises, atl of which ~te indvded in th~ abov~ and
fonyoinp desuipNon and Aib~ndrxn.
TO HAVE AND TO ~tiw ~bov~ dtscribed ~nd yr~nted premises unto rke said MORTGAGEE, its woces~as and au;pns fwwa. Md th~ wid
MORiGAGOR for - ~'h~+a hsirs. exscerton, adminunafas and auigns, hereby covenanri with the ~+id MORTGAGEE, its waeuws and q~.
rhar t~16~ A1'A lawfvlly aeiz~d of the s+id premises in f~e simple: th~t tM wne ue h~, cleu ud d'uch~~ed from alt Itau and ~ncvm~ i
brances in law or in rquity, and that th9~ will and their heirs sh~ll wmant and d~fend tM titl~ to tM awn~ to tht wid
tAORTGAGEE, in wcoessors and assipro, fawer pairot tM lawful clsims and dem~nda of ~II penoeu;
PROVIOEO. AlWAYS thn H tF?e MORTGAGOR shsll p~y wNO the III~ORTGAGEE tM pomiuory oo/e herein6efw~t desaibed ard shall huly, prom~tly
and fully perforre?, diuh~?Qe. ~x~cyn, cpnpl~te, comply with a~d abide by e~ch ~~d every the ~tipulataro, apreemenri, conditiom ~nd oown~nq of said
promisaory ~ot~ and of Hw Mortpape, then this Matyape and the Estate hereby ve~ted ~hall ce~s~ ~nd b~ null and wid.
IT 15 UNDERSTOOD thn tF» wwd "Mort~~or" whether in rl+e s~ngubr w plwal ~nywh~?~ in this IY~o.tyap~, shsU b~ sirgutar if ont ont; f
:hall b~ pfur~l ~ointfy and a~w~ally if mw~ than one, ~nd thaf tM word "their" ss vsed ~nywhae in this Mort9ay~ sh~ll be taken to m~an "hb," •'Mn;•
or "its:' wMr~vu tFr coM~:t w implip a admits. Also, tFwt wherever thert is a refaenu in tM wwn~nb and apreerrwny h~rein oontaimd to any pf ~
rhe panip (~r~tq th~ saen~ sFwit b~ oonsnved fo me+n ~s well u the hein. Ipd r~preter~f~tive~, waeston and assip,y (eitlwr voJunfuy by act of t!» i
parties or involuntwy by op~ation of th~ Isw) of the iarne an~1 th~t ~he covenanrs h•rein cont:ukd sl»II bind •nd tFn be+~efin .nd .dv.nrpa irwn t
ro tF,~ r~sp~ctiw h~in. Ipd r~pr~tatives, ~ucces~ors and aa~yru of tM puti~s hereto. 4
/u+d s+id Mat~pws, fw tF~ns~hna and their FKin. Isysl representatives, wcceswn ~nd usipro, hereby jointly and s~wraNy covsn~M ~nd apr~e ~
so ~nd witl~ th~ wid MORTGAGEE, iM wa~s~on and assgtq: ~
1. To p~y all ~nd sinpular th~ principal and int~reat u~d tF~s variais snd wndry sunn of mor~ey p~Yabb by vktw of s~id promis~ory not~, a~d tha ~
mortg+y~, ~ath and ~wry, promptty on th~ days respetliwly tM saerw stverally becane dw. •
2. To pay all ~nd siig~rlw the saxes, a~es~rnents, tw;es, liabitities, obli~atioen ~nd ~nrwnbnnpa of every rntur~ and kind now ore ~aid dpcr~ed ~
prow?h. 01 tlfit INfNNM m+Y b~ imPosed, wff~nA. P~+c~d. Iwi~d, a a~essed thereon, w that her~~ft~r may be levi~d a aswswd upon tl~is Mwq- '
age, or tM Indebpdrras wnx~d her~by. ~ad~ ~nd ~w1y, when dw and payabl~, accordirg to law, befor~ Nwy b~com~ d~lirp~ent, and b~fon ar?y im~r~p ~
arteches ot ~ny pe~wlty is kKwred; /1Np INSOfAR /1S ANY THFREOF ?S OF RKORD THE 5+4ME SMAII dE PROMPTIY SATISf1ED AND DISCHARGED OF i
RECORD AND THE ORIGINAL OFfIC1Al OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR tHE SATISFACTION P11PER OfFIC1ALlY ENDORSED (
OR CERTIFIED) SHAtI dE VLACEO IN THE HAN06 OF SAIO AAORiGAGEE WIiHfN iEN DAYS IYfXT AfTfR PAYMENT; and in the twm t!?it ~ny tFia~of is no1 !
paid, sat:afiad ~nd discMr~ed ~sid MORTGAGEE msy ~t any time p~y the ssme a+~y paN the~eof without w~iviny or affectinp ~ny option, li~n, puify pI
•~ohr unde~ or by virtw of t!?is mortyape and ~he fuU ~mo~rnt of each ~nd evc?y such payment shsll be ;mmed;ately d~re a~d p~yabk and shafl bea intKest
i.cm rl,~ d~q tl~trwf vntil psid at rate of n;ne pn ccntvm per ~nnum and ropether w~th such interest shall be ucured by the lien of th:s mor~tap~.
soac 1L~ Pacf 341
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