HomeMy WebLinkAbout2805 Y 2081~7
THIS INDENTURE, Mad~ tM ~~Y' d~y of ' A~ril ~ a.p. 19^~1 , b~r~een
_ _ Lloyd Tay i~~r ar.d ~lotilde Tavl~,._h1-; t~,~P - ~
of St • I+UCiE' ~ ~~oy~ry Flwida, hersina(tsr des~gnated a~ f6e "MORTGAGOR," and fIRST fEDERAI SAVINGS' AIVO LOAN
ASSOCIA~ION OF FORT PIERCE, a corpaario~ wganized and exi~~i~g under the lawi of the Un~ted StetQS of America and Mving its prirxipal p~~ce o1
b~s~neu in tM City of fort Pi~rce, St, luci~ Counry, Florid~, hereinaltt~ d~a+ynated as ?hs "MOR GAGEE." ~
WHEREAS the MORIGAGOR is just7y indebted to the MORTGAGEE in the sum oi s._ ~ good and lawful mor~ey ot the Un:ted
Sretes adranced by the MORiGAGEE untp Ihc MORiGAGOR, as evidrncrd by a certa~n pron:~siory note of evrn date ha~lw+th, Of wh;ch the following in
s o~1s' 'r~d _~g.r~Ais a tiue coPY, towir, . ;
:l(X) llU
' Na 1 ~ 9S9 $
forf Pierce, Flw~da, _ APrll ~ ,19 7~
Fa valut receivrd, I, we w either oi us, promise ay, wi:houl defalcat~on, to ~he ordar of FIRSi fEDFRAL SAVINGS AND IOAN ASSOCIATION OF
fi~RT PIERCc af fort Pierte, flo~ida, the fum of s_t w:ih inte~est from date at ~he rale of ~•2~°o pe~ anr.um, in monthly install-
-<nn as fol!ows: s~.~~!~~ on the _1 th d~y of J~e 19_ TI_. and a 7~ke sum on the conespond~ng day of each mon~h fhere-
,•aer until the whoie be f~lly pa~d.
Each instati~nent f~rst shall be appt~ed in payment of fhe +nterest and rleen on the ur.pa~d 6eta~,ce of the ~~rini NdI sum. If defauft is made in the
,~.•nrnt of any installment wnen due, and such defauh tontinues 30 day~, then al the opT~on of the ho~der, and wnho~+ any other not~ce. all tht rrmaining
~,s?aiune~ta shail be due aod payab+e at once. Privikge is given to prepay Ihis no~e in whoie or in part at any hn~e ..~tl~~ut penalty. Nr;t~.r~ofebearance,
nor accep?ance by fhe ho~der therepf aftrr any default in any payments hereon, shall be dreme~ earens+on A late i~ayn:ent chargE of 5_, shall be
~dd~d to each in:tallment rema~ni~g unpa~d 7 days after its due date, and a Gke sum ahall be add_d to ea:h su.h installm~nt remaining u~paid 7 days a(ter
~ ach sucteeding payme~t date.
Eath maker, surery and endorser ha~eof, jo~ntly and severoUy, waives demand, presentment protrst ar.d ~ur~re of p.o±est to~ non~~aymenf, and furthet
:agrees ta any extensioa of t,me ol payment, either before or a(te? matur~~y, wi~hout not,ce ~o arr~ of ~s; and to ~ a~ afl cosrs of co.~~•crwn, inc!ud:ng a
.~sonable attomey s fee in the evrnt of any default hereundrr, and hereby sevr~ally ,naives alt bene4it of hemcshad and er~•np!wn undcr the constiWtion
,;••d (aws of each Sta~r of the Un(ted Srares, as against this oblegation o~ any e~tension or renewal hcreof. ~
Wirness the hand and seal ol each party.
s/ I1oyd Taylor (SEAI)
~ (~Al?
s~Z otz de r. Taylor (SEAI)
:~17.1 C?
? State Revenva
~~~Q~- C
NOW, THEREfORE, 1he MORTGAGOR fw ths pu~pose of ~ecurir.g payment of said sum of s 11 ~ll~~•`~~ snd the performance of the
co•+enants and agreemenrs Fxreinafter exp~essed, and for divers yood u+d valuable cons~dr.ar;ons, by these presents, does grant, barga+n. ~etl, remise,
•~•:ease, convey and confirm unto the MORTGAGEE, its succeiso?i and is~gns, all tha~ cereain lot, piece or parcel of land, sit~ate, ly~ng, and be~ng in the
~ounty of St . j'llC ~e and State of Florida, dewibed as tollows:
;
i
Lots 9& 10, Iess the North 10 feet _°or Orange A~enue right-of-sraf, _
Blcck 1, I~iEAi~T.AND PAR.K, as per glat thereof on file in Plat Bc~ak ~
Page 3g, Public Records of ~t. Lucie ~unty, ?~lorida, ~ t
~
i
RECENEO -,Z - ~ Q
DUE OH CU..CT 'C IKiANGIBLE PERSC ~ OF
P11RSt%AMi IO CFiAAT[R Z0724. ACiS OF~194ROPfR~Q
- ROG~R POItRA$ Cierl~ Grcuit Court
} S TAT E~F F L O R I D A' as dge^t fot DANIEt M KNOWCES, 1R
~ OOCUMFNTA~~ STAMP St ~~'e
J p ~ APR2371 _~T~
1- Cou!t
~ - ~ h' Ta~c Co(lector
6!Ft tf RE/ENyf ~ ~ 7 ~ 0~ Br ~c U~
P9.~9oi~s _'•...r~ -
" - ~t?n ctFa?t
+oge`her with •1t and singular rhe renement~, herediramenri and appurhnces thsreunto belongi~g a in snywise appertaining thereto, ~nd •II ~ents, issues,
o~oceeds ~nd prof~ts accruing and to accrue from said premise~, sll of which are included i~ ~he sbove and foregoing deuription and hsbe~dum.
TO HAVE AND T H01D ~he ~bove destribed snd yr~nted prcmius unto the said MORTGArEE, ~~s succeasors and ass~gns fwever. Md t1?~ said
~heir
MORTGAc~qR iw he;rs, executws, adminiatrator~ and •ssigns, hereby covenants wi~h the said MORTGAGEE, its •uccessors and au+Qra,
_th~y: ar~
~hat - - lawfuliy seized of the said prem~s~s in fee simple; that th~ ame are free, dear and d~uharged f~om all liens ar+d ~ncum~
orances i~ law or in cquity, and that they w;U and th°lr ht;rs shall w+r~ant and defend tM lirle to the same to the uid
MORTGAGEE, its successors and ass~gns, fuever ~gainst the law4ul cl~ims and demands of sll peraons;
PROVIDED, AIWAYS +Mat if the MORTGAGOR ahall pay unto the MORTGAGEE tM promissory nore hereinbefore deur;bed and shall trufy, prompNy
and fully peAorm, d~uha~ye, execute, comp~~te, comply with and abrdt by each and every the stipulsNOns, ayreemenrs, condifions ~nd tovsnants of sa;d
prom~ssory nofe ~nd of this Mongsye, then this Maty~ye snd tF~e Estate h~reby «eated shall cease and be null and vo~d.
IT IS UriDERSTOOD thal 1he word "Mortqsgw" whether i~ the ~ingular w plural snywhere in this Mortgsge, shall be singula? it orw~ only and
sh~ll bt plur~t jo~mly and sever~lly if more tMn on~, and that th~ wad "their" ~s usee ~nywhere in this Mortyaqe sMtl be aken to mean "his... ..han," `
or "irs," wi~erever ehe conte~~ so impl~es p~dmits. Also, tMt whereve? there i• • reference in ihe coven~nts •nd ~greements here~n conuined to any o~
rhe panief hereto, the s~me ~hall be construed to rrw~n ~s well ~s 1he hein, lega~ r~p~esentatives, successws a~d ~s~igns (ei~her vol~ntary by ~ct of th~
psrti~f o~ involum~ry by oper~rio~ of the I~w) of ihe ~ame ~nd th~t the covenanb herein conuined shall bind ~nd the benefitt and adwniayes i~w~
ro the ~espective heirs, leyaf represenNtives, successws and au~yns of ~hs p~rli~s F~e?eto.
And said Mortysgon, fw themselv~s and their heirt, Ip~l rtpretenbtives, successors ~nd ~ssiyns, hereby ~ointly and uverally covenanl •nd ag~ee
fo and with th~ sa~d MORTGAGEE, ~ts ~uccessas ~nd ~ssgns:
1. To p~y •11 and sinyut~r rha princip~l snd interetf ~nd t!» v~riou~ and iundiy suma oi montY P~yabte by virtue of said prom~swry not~. •nd this
monyye, e~ch •nd ~very. pomptly on the days re~pect~vely tFw s~ms sev~r~lly becoms du~.
4. To p~y •II ~nd ~~rgular the t~,ces. ~sufsmtnb. I~vi~s. li~biliti~s, oblpations •nd ~ntumb~~nc~f of •very n~ture end kind now on ~s~d deurib~d
propeAy, w th~t here~it~r m~Y b~ imposed. sufferd. PiKed. I~vied, or •stessed thereon, w th~t her~~Ittr may b~ lev,ed a~isessed upon lhii AAonp-
•p~. a 1M ind~btedrieys atcur~ her~by. ~~ch and ~v~ry, wh.n dw •~d p.yabl•. ~ccwd~nQ to I~w, b~fwe they become d~linquem. •nd befo~~ ~ny In~~r~st
e~+ethH w•ny pen~lty it ~ncurred; AND INSOfAR AS ANY iHEREOF IS Of RECOfiD 1NE SAME SHAII BE PROMPiIY SAtl5flE0 ANO OISCNARGEO Oi
RECORU AND THf ORIGtNAt OFi1UA~ pQCUMENT ~SUCH A5, fOA INSIAN~E, THE 1AX RECEICi OR iHE SAiISfACT10N PAPER OFFICIAItY ENDORSfO
vk CER11i1EUi SHAtt SE OtACED IN THE NANpS OF SAID MORTGAGEE WIININ TEN DAYS NEXT Af1ER PAVMkNi; •nd m the event ~ha~ ~ny ~he~eof is not
c.e~d. ~a! ~1~ed •nd d:sch~rVed ta d/dURfGAGEE m~y ~t •ny ume p~y the ~smt pr •ny p~rf rhe~eof w~tho~t w+wu.q or aHeclu+g sny opnon, tien. ~quity or
•.ryM ~r.der a by v~rtue oi th~t m.orryege e~d the fulf ~mount o~ e~sh ~nd every wch p~ymeM fhal~ be ~m~ned~etely due ond p~~able snd shdl ba~r intt~es~
~.rrn the d~~e ~he~eol v~tJ p+.d r~tr af n~.ie pcr cen?vm pt~ •nn~m •r~d ~Dp~~~vr.~h wch ~ ter •t sOU b~ u~u.ed by the I~en oi ~h s mor9~~9~
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