HomeMy WebLinkAbout0160 r i j ~ ~ ~ ~ \
` ~~14ss
niis iNCeHru~. M.d. 17th ~y ~ October ~,o. w
68 benN.«~
Rreddie Taylor and Shirley Taylor, bis wife
~ St • LL1C3@ ~~~~y ppr~ ~~»~RTGpGOR,« and FIRST FEDERAI SAVINGS AND tOAN
l?SSOGIA?ION OF FORT PIERCE. ~ aorpaation ~l~d and ~xistinp w~ th~ lawa of /M Unihd Sta~a of Mrriu ~rd Iwvinp its principal pl~a~ of
besinas in th~ Gty of Fwt Pi~ra. St. luci~ County. Florld~. h~ninafta dMipna»d ~s M» "N~ORTGAGEE."
WHEREAS tM MORTGAGOR & justly L~d~W~d to th~ MORTGAGEE. in 1M wn of ~ lO~ 6OO •~0 ~ Iawful money of tl» United
Stat~a advanad by ihs MORTGAGEE uoto th~ MOItTGAGOR, u~vidMC~d by a ewtain pomhsay not~ of ~wn d~t~ Mnwith, of which tM folbwinp ~n
wads and fipwea b a trw oopy. tp-wit:
~ 10, 600.00 ~ , ~ No- ~5s'1.48._
~ ~ ` ~ P~ October 17 : , ~ ~ 19 68
For vatw ~eceived, I. ws or eithK of us, promiw to paY. wHi+out d~f~katioq, to th~ wdN af FIRST FECER/LL SAVINGS ANO~IOAN,ASSC~IATI~N OP
FORT PIERCE at fort Pkru, Flwkia, the wm of ~ 1O~ 6~ with intarat from d~te ~t ths rot~ o~La.2~2~6 pK annw~4 in_ ~thly (nstal4 -
~+e~a ~s iollowu i 97 •00 on tM day of D@C@ab@~, ~ 19~~ and a like sum on ths carespond~np day of. eacb ownth tMrr
after until the whok b~ tully paid.
E~ch i~atallment Ont shail be appiied in paym~nt of tM inttrest and tFw~ on tM unpaid babnce of the principd :um. If dehutt is m+dt in the
payment of any ins?alimsnt when dw, and wch d~fa~h ca+tinws 30 d~y~, then at tfi~ option of tM holde?, u~.d without any other notice, a11 the r~mainug
~nat~llrn~nri thall bs dw and payabk at w~q. Privilp~ b pivw~ to pr~pay thb ~wte in whob or tn puf ~t any tinne witlK,wt psrwlty. Neither for~b~anna,
nw ~ccept~nu by the holde? thereof after any def~uh in anY p~ymenb h~?~o~, shatl b~ d~emed exteroion. A I~te payment d~ oi ~~a$5.~ ~haN M
added to ~aoh irntallment remainirg vnpsid 7 days ahK its dw d+b, and • lib wm shall bs added to eath such i~slallmer?t r~nuininp unp~id 7 days afhr
~ Wrmant date.
Each m~ksr. wmty and end«ssr hereof, ioiotly u~d ~wraily, waiws demand, p~eaaameM p~otest ard ~oYKe of protest for no~payment, and furtf+K
agroas to any ~xtensiw? of time of paym~nt, either befor~ a aftsr matvrity, without notice to sny of us; and ~ro p~y all costs of collectioo, iocludinp a
reasonabb ~ttoraeys fce in 1FIR OVM~ Of ~ny default hereunder, and h~r~by swerally waives all beoefit of Famestead ~nd exempfion unde~ fM cautitution
and IaMrs of each Stats of tM United States, ~s a~ainq thb obligation a anq extension or renawal heceof,
~toess tM h~nd~and ~eat of esch psHy.
/s/ Freddie Taylor ~
s Shirley Taylor ~
c~t1
~ 15.90 ~ st.a R~wnw (~W
(Stamp~ unc+eU~d on aipku! rate)
NOW, THEREFORE, ths MORTGAGOR for the p~nposs of s~cvrinp p~ymeeM of s~id wm of i 10,6~•~ and t!~ perfamance of th~
cove+Mnb and a~aemenb I+ereinaft~r ~xpreuad. ~rd for diven ~ood a+d valwbN oon~ider~tions. bp tha~ Prpsnts. do~s yrant, b~rpatey setl, rsmis~,
release, oonwy ar?d canfirm vnw t!w MORIGAGEE, its suaesfors and sssi~nt„ dl that urt~in lot, piea or pual of I~nd; dtuat~, ~Yi~g. and beinp in th~
ca,my d S t. L ucie .na Stm of f~orid., d..o?ib.a foUows:
Lot 27 and the South 18 feet of Lot 18 of NBW
SCH~OL SUBDIVISION, as per plat thereof on file
in Plft Book 8, Page 52, of the public records
of St. Lucie County, Rlorida, ~
W } ~7I~I t OF ~ '
~ j DOCUMENTAo~ S
A
p~
VA , 0 1~E ~~x~
N~~an.
~ U _ OCTt168 ' RECE~p Z I~pltG181.E~s ~F lcy?1.
~ coMPTrt ~ 5 9 O~ p~E Ot11Cj~ 20~~,
O~LER p~
PB. ~4~138 0 ~
R ?TWIS. ~e~ ~
GE ~ ~RIIS M.
St Luc~ Tax f~lleda
~ ~
tcoerlw. wrth .t~ «,a sinp~d.. th. t.nrma,b. ~+.?.d'it.n,eM. «~d .ppu.rsno.. th~..umo t~torgirg or tn +nrwi~. wp+rt+inkg Bwraro. +.d a~~ nnn. ba+...
proc~edt and p?ofits acauinp ud fo aatw from s~id pnmisp, all of whkh ~te indud~d ln 1M sbov~ ~nd fonpoinp dauiption snd h~bendu~n.
TO HAVE AND TO NOLD th~ abov~ dswibed snd ~antd premaes vnto th~ wid MORTGAGEE, its wooes~ots and assipns fonwr. Md th~ MW
N10RTGAGOR fo? t~ lZ htin, ~xecv~on. ~dminisnstan and ~ssipro. haebY oownants with Nr said MORTGAGEE, ita wctea~on and mipna,
rhat t~X--~S- lawfuly seir~d of th~ uid premiws in fN simpl~J tFwt th~ wrn~ ar~ frN, cfar and d'nc)rr~d from dl I~ra and ~ncwm
br~nas in law or in puity. ~nd that tll@v will ~nd the~' Mirs shall wanaM and d~fad tir YAb b/M ~wne fo tM Ntd
MORTGAGfE. its sucasso~s snd ~asipru, for~vrr apakat th~ lawfvl cl~ims and d~nwd~ oi all pu~oms
PAOVIDED, AIWAYS that 1f the MORTGAGOR shall pay uMO th~ MORTGAGEE tM promasory not~ ha~inbefon dNaibd and sh~ll truly, W«n~N
and fully p~rforrty dKCI»r~ tx~eutt, oon?Pl~t~, eomply with and +bMe bp e~eh and twty th~ stipvlatipa„ aWNerwms, eaxlitiom and oovaunb of uid
promis~ary nob s~d of this Morqay~, t)wn thi~ Mor~qap~ and the fxrat~ hsr~by rnat~d ~hall aaw and b~ null and vatd.
IT IS Uf~ERSTOOD that th~ word ' Mort~apor' wlwtha in tlw sG+pvlar a plurd ~nywh~r~ in tha Mort
~e. sh~ll b~ sinyvla ff orq only ~nd
shall M plwd ~oiroly and sevu~lly if mon th~? on~, a~d that tM wad "~Mi~" ~s wed anywMn in thia Mortpa~ sh~ll M t~k~n to nwan "hlt,•• •,h~rs,"
a"its." wMrtwr tM oontuct w implia a admita. /liw. ~hat wl»tewr then ~ ~ rrf~r~ tn ths oovananes ~nd aprNmenn herein com~thwd to ary of
th~ partla IwNo, the s+~rr shall b~ cantrued to msan a well as tM Mir~ I~gal r~{x~s~nt+tiw~, soooa~on and aNpru (eithK volvmary by ad of tht
p+Ki~a a kivolunt+ry bY op~r~tion of the law) of th~ sarn~ and that the aoven~na Fwnin oom~Mrd sMll bind and tM b~nefiti and advantap~s inun
ro fh~ ryp~ctiw htirs, by+l represenrati~ip, suaessors and ~atpns of tM partla lwrtta
Md sald Mwqapors, for thunulws and their h~ir~, I~1 t~pr~s~matiws, wooasors and ~ssip% ha~by iointly and sw~rally cowMnt and apne
fo and with th~ s~W MORTGAGEE. its s~a~swn and ~ssipms
1. To pay ~11 and sGipul~r tM principal uid im~rat and th~ vuious and iundry sunu of naMY P+Y~ bY vktw of wid PrannsaY noN. and tl~k
maty+p~. +acA ~nd ewry. P~~~Y d+Y+ ?aP~t~w1Y fM ~an» ~rwrdly b~oon» dw.
2. To pay dl ~nd ik~p~lar the t~xrs na~awrNnt~ bvin, li~btlitip, obli~tiar and ~naNnbnnc~ of w~ery natvr~ a~d kHd now on aaid duvib~d
propMr, a M»t ha~aftK en.Y b~ MnPoNd. avffa~d. P~+aeL Iwi~d, w w~d th~*wn. ar N»r hKe~far may M Iwi.d w assess~e! upon tNs 1Ylorp.
g~, a th~ kid~M~ Npwed h~rebyr. ~acfi ~nd ~v~ryr, wMn dut and piyabl~ aooadinp b law, befon ti~y btcom~ d~llnqvsnt, and befan
attatFws a any penaky is incu?red: AND INSOFAR AS ANY THEREOF IS OF RECORD TFiE SAME SHALL bE PRONIP1lY SATISfIE~ ANO ~ISCFIAR(3ED OF
RKORO AND THE ORIGINAL OFfIC1A1 OOCUNIENT (SUCH /1S, fqt ~HSTANCE, THE TAX RKEIPT OR THE SATISfACT10N PAPER OFftCIAttY ENOORSED
OR CERTIFlEG) SHALL ~E PLACEO IN THE HANDS Of SAID MORTGAGEE WITHIN tEN DAYS NEXT /1FTER PAYMENTt ~nd in th~ ~wnt tMt any tlwr~of i~ no~
Wid, wt:~Pwd ~ed daeMrp~d said MORTGAGEE m~y ~t any tin» phr tM w+» w any put tinrwf witM~t w~ivir?p or affsetinD +~Y aPtion, li~n, ~4uih? or
.ipM u~~r w by virtut of thb mortpp~ and t!r ivll a~o~m of ~ach ~nd ew~Y ~ WY~+~ ~Fiall b~ Lnnsdi~tely dw ~~d payable ind shall Mx iMerest
kom the dat~ th~nof vntil p~id at rat~ of nins pK pntum pN an~n and top~tl~er with wti~ int~rest ~hall b~ ~ecw~d bp Mw li~n pf th:s mot~tap~.
~oox~.74