HomeMy WebLinkAbout1454 2G140
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THIS INDENiURE, IK~J~ th~ 19th day oi No ar A_p, ~q~~ pe~~
yi;vd Tag1 nr Ana c~ o.~de . TAglor~ hia wife ; and
I s oni C au al so lrnotim ae e
of • t? uC e Covnty Florida, MteinaftN designated ~s fhe "MORTGAGOR," and FIRST fEDERAI SAVINGS AND l0
ASSOCI/lT1pN OF FORT PIFRCE, a corpa~tion oryaniud ~nd eaaring wx~ IM laws of ths Unued Sta~K of Am~ric~ ~nd h~vinp iri princip~l plac~ of
busima in tiu City o~ Fon Piuu, S~. luci~ Counry, Florida, h~rQicuft~r deiip~at~d u tFk "CMORrTGAGEE."
WHEREAS tM MORIGAGOR is justly ind~bttd ro tM MORTGAGEE i~ ths ium of s 7~ Z00 ~ 00 , qood and lawful morwy of 1he United
Sutei adwnc~d by the MORiGAGEE un~o tF?s MORiGAGOR, ss evidenced by ~,~tain promissay note ot evco date herew+th, oi which th~ (olbwinp ie
wwds ~nd fiyw~s b a tru~ copy, to-wit: ' -
= 5, 500.00 ' : : ?r . , i ~ ' ~ -
~ ~ • November 19 7
' Fort Pitrc~. Fbrida, 19 '
For v~iw receivcd. 1, we a eithe~ of ua, p.omis~ ro y, without d~fs7'ca~ron, to the order of F1RST FEOERAL SjA~VIN.~G~S AND IOAN ASSOCIATION OF
FORT PIERCE af Fort Pieres, Pforida, the sum of f ~ t-~00 ~ 0~ ' with inreres~ (rom date at the rato of ~lA per ~nnum, in monfMy inftal6
~„cna u foltows: i 55• a? the 1,~~ d~y of Jan»g~ 19~.~ snd a lik~ sum o~ ths cwrespono~~p day of each month the«-
after until the whole 6e fully paid.
Each i~stallment firat shall be applied in payment of the ir.terest and then o~ the unpaid balence of the principal ta~. ~f dsfavh 4 mads M/M
payment of any ir~stallmee~t when due, and such defaUlt continues 3U days, then at the option of the holder, and wilhouF ar?y other notite, all the remaining
~nstallmenta shal! be due a~d payable at once. Privilege is g~vrn to prrpay this note in whole or in part.at any time wkhtiul ptnalfy. Neither foyebN~ant~,
nor ~tc~ptance by the holdcr thereof after a~y default in ~~y payments ?xrepn, shaU be deemed extenaion. A late paymMt tharge of 2• 5 shall b~
added to each instaltment rcmaining uapa~d 7 days after its due dats, and s like svm shall be addcd to each such instaltment remaining ~inpsid 7 dayt aher
each sucteeding payment date.
Each make?, surety and endorxr he~eof, lointly and sevrrally, waives demand, presrnnnent protest snd not~p of protest for nonpaymenf, ~nd further
agrees lo a~y extensioo of time of payment, e~~hrr before er afrer matur~ty, wirhout nor;ce to any of us; and to pay all costs of collection, includitg ~
.rasor?able atlorney's fee in the event of sny defauh hereunder, and hereby stverally waives sll bcreelit of homes~ead and exemption under fhe cot?slitut'an
and Isws of each State of the United Sta~as, as against this obl~gation o? any extens~on w re~qwal hereof.
Witneu the hand and acal of each party. Lloyd Taylor
~U
~lati.l~A F. Ta~lor es~w
s Iso ha ~
~8~25 s Shirle Chaun s ~$a ~
! ~ Stat~ Revenw 2' 9~ SUl1C8y
(Stamps c.anc+elled on oriyir~a! note)
NOW, THEREFORE, tF~t MORTGAGOR fa the purpose of securing payment of said sum of = ~i ~0~ ~ ths perfwm~np of the
coven~r?ts ~nd apreements he~ei~aft~r expressed, and fa divers good and valv+bfe cor+s~derations, by thess presents, does yrant, bar~in, sell, rerniss,
refease, tonwy and c firm nto f AAORTGAGEE, its succeasors and assigns, all that certain lot, pieq ot pucel of lu~d, situate, lyirg, and beitg in tlk
County of ~t'• ~uC~@ ~nd State of F{wida, described a~ folbws:
Lot 10, Block 4, REpLAT OF
PALM GARDENS, as per nlat
thereof on file in Plat Book 12,
Page 42, Public Records of St.
Lucie County, Florida.''
RECEIYFD • ~
W ~v'' ~ /~1+ { C ` ` ~'.S J t ; i ~ , ~R~~ i0 'C' INillttGIBLE PER90NlAL
ppp ~
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r ~~~R 20724, ACTS Of 1941. ~ ;
DOCUMElti;;+• --.,,T ! AX
~ Z _ - . _ ROG~~ POlTRAS. Clerk Grcuit Court `
~ _ ~oyt47~ ;~f,t..','°•, - as Agent tar DANIEL
o = ; ~ N. KNOWLES, 1R ~
_ St Luc+e Court
~ ~ ~a~,~~~t~q ~ 8 2~- ty Tax Collector
~B. ~so~as _t._3,: : : _
~
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~vn a.~c
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ro~etMr with all and singular the ~enemants, hered~amenn and appwtantes fhKeuMO belpginy oI in anywi~e ~ppe?1sirlinQ thtrNo. u~d aq ranta, isxra,
pronsds and profita acauing and ro accrue from iaid prem~ses, all of whicfi an inclvded in the abwre and foreqoinp d~stription aed Mb~ndwn.
TO HAVE AND TO NOW the sbove dewibed snd 9r~nted p~emises unto ths said MQRTGAGEE, its wocessws and aui~ns forswr. Ard the wW
MORTGAGOR fa th6ij' - h~~n, executors, adminis~rarors and a~signs, hereby coven~nn with t!» saW MORTGAGEE, its wa~sson a~d ~ssipro,
ehat t-
'he,v~ A*'~- lawfvlly seized of the wid premises in fee simplr, thst ~he s~n?e m fne, cle~r and discharped from ~II ti~+u and «~twrr -
trsnas in law a in eq~rity, and thst th~~ will and their hein shatl wsrraM and def~++d tiw titk w tht sanw b Nr saW
MORTGAGfE, its successors and ~uigns, forevrr aQ:inst fhe lawful d~ims and demands of all persornj
PitOV1~E~, ALWAYS t)wt if th~ MORTGAGOR shall pay unto the MORTGAGEE the Qromiswry note hertinbefor~ destr~ed u+d slwll trvly, ptomptly
and fully perform, d~scha?ge, e:ecute, compkte, comply with ar~d sb~de by esch and ~very the stipulations, syreemenn, conditioro and aov~wnt~ of s~id
Promiuwy nob and of thi~ Mwt9ape, then this AAwtgage and rhe Estare i~ereby ueated sl~all cease and b~ null ind void.
IT IS UNDERSTOOD that the word "Mortgagor" whether in the i~ngular or plwal snywhere ie~ this lNortqap~, shall b~ sirgvla if orn only ard ~
•hall b~ plwal jointly and sevcrdyr if more tFun one, and that the word "their' as used anywhere in thit Nlorty~ shsll be taken to mean "hi~." `Mrs,"
o~ 'its:' whersve? tM oontest w implia or admin. Alw, that whereva ~here K a ~ei..a~ce M ri~e coYen+nn u~d s~aamenn her•M aomain.d w an~r d ;
the puties hereto, the sam~ shall be caunved ro mean u welt ss the hein, lepal representatives, successws and astigna (~ithK voluntary by ~ct of th~
partia a involv~tary by opewtan of th~ law) of the same a~d that the covenaats herein contained thstl bind and ths bsnefits ad adv+nl~s inw~
ro th~ reapectiw heirs, kqa) represer~tatives, successors and au°yns oi the p+rties hereta `
F
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Md said A4orApa~ors, for tFnmsehres and their hein, leyal represent~tives, successors and ~uiqro, hereby jointly u?d sewrally oovenant and ~prq ;
+o ~nd with tln s~id MORTGAGEE, in successws and ~uiyrn: j
1. To pay ~II ae~d airgular the princip~l and interest s~d the wriovs and w~dry surm of mo~ey p~Yabk by virtu~ of ~aid promiuwy rwt~, and 11~is 1
^+ort~ge• Mch and wKy. PromPth' ~on tl» days rapecYnely ~he sarn~ a~verally become due.
2 ~o pry a!! and sinpvlar th~ tsxa. ~ssesuneon, levia, liabilifid, obli~stions and eexumb~ances of ~very n+tur~ snd kind now on aaid d~avib~d
P~~~Y. a N~at hae+ftK m~y be impowd, suff~red. P~+ced. kvied, w awssed tF~e~eon, a th~t hereshN may b~ kvied w ai~essed ~pon tlds AAor1p~
+~e, o? tM ind~bbdnsss s~u+r~d hereby, tatl~ and wtry, when dw and piyab~. sctwdirg to I~w, b~fw~ they batan~ ddin9~em, and btiw~ anr tnNt~q
att~tFns w ~ny p~n~hy is incuned; AND INSOFAR AS ANY TNEREOF IS OF RKORD THE SAME SHAU dE PROMPTLY SATISFIED AND DISCHARGEp Of
RKORD AND THE ORICsINAI OFFICIAI DOCUMENt (SUCH AS, fOR INSiANCf, THE lAX RECEIYT OR TNE SATISFACTION VAPER OffICIALLY ENOORSED
OR CERi1FIFD) SHALL aE PLACED IN THE HAND6 OF SAID MpRTGAGEE WITHIN TEN-DAYS NEXT AF1ER PAYMENT; aid en tFr tvem tFW any tlx~~of i~ no1
paid, sat'~fied and discha~yed sa:d MORTGAGEE may at ar.y t~me pay the same o~ any pan thereof without wa'ni~p w ~ff~ctinp ~ny option, li~n, ~quify p
•ipht und~? a by virtvt of Mis mortyaye ud the ful! amovnt. of exi~ and ~very wch payment shali be imn+ediately dw and payable ~nd thall b~u iMN~st
~•om the d~t~ tM?eof until p~id at rate of nine per centum per ~orwm and topethe? w~th wch iMetest ~hall be tecw~d by tM lien of th:s moapt~.
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