HomeMy WebLinkAbout0665 . . . _ . _ ' _ _ ~ t
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THIS INOENTURE, Ma~ tM~ ~th day of ~C@~t1@t A.D. 19~., betwee^ !
i.lavd Tavlor and Clotil• R Taylo~ hi~ wife
of St•LNC~Q Cpunty Fiorida, htreinaft~t dnignated ss tM "MORTGAGOR;' and FIRST FEOERAI SAVINGS AND IOAN
ASSOCIATION Of FORT PIERCE, a cwpa+tion wpsnisad and ~xii~inp unde~ tM Iaws of tM Un~ted Saty of Am~~ic~ and havinp iri principal pl~c~ of
buun~u in th~ City of Fat PiKn. S~. tuci~ Covoty. Ftorida. iwrsinah~r deapna~~d as tM ~R~OO EOO
WHEREAS tM MORTGAGOR is jwtly Indebt~d ro th~ 1NORTGAGEE in tM sum of S a~ ~ ~ good +~d lawful money of the United
Srates advanced by tM MOR~GAGEE unto the MORTGAGOR, as evide~ccd by a catain promiuory note of even date herewiih, of wh~ch the followiny in
words ~nd fiyvres a a nw copY. towir.
s 3-17.759
12,000.00 No
~ r~~ if~cQa6or 40th «71
Fa value received, 1, we or either of us, prom~seio2pa , wi:~def~lcation, to 1Fn order of fIRST FEOERAL SAYINGS AND IOAN ASSOCIATION dF
FORT PIERCE at fort Pierce, Fbrid~, t{x sum of = ~ with interest from date at the rate of 8% per annum, in monthly ir?stall-
~nems as follows: = 1O1 on the lat day of Rebruary 19.72 and a like sum on the ccxrespording day of each month therr
airer unti~ the whole be fully paid.
Esch installment first shsll be applied in paYment of the inte~est aod then on the unpaid balance of the print~pai wm. If d aulr it made in the
~ayment of sny in~rattment when due, and such defauh continues 30 days, then et the op~~o~ of the holder, and without eny other notice, aK the remai~ing
;~stallmeMS shall be due and payable at once. Privilege is given to prep+Y tha note in whol~ w i~ pan at ~ny t~me without penslty. Ne~tFxr faebearanca,
nor acceptance by the holder thereof afte~ any default i~ any payments hereon, shall be deemed extension. A late payment charge of : 5~05 sh+~l b~
added to each installment remaininp u~pa~d 7 days after its dus date, ~nd a like sum shali be added to each such instaflmem ~emsininp vnpaid 7 days ~he~
each futceedir?p paymeN datl.
Each maker, surety and endorscr hereof, jointly snd severally, waives dcmand, presentmcnt protest and notice of protest fw nonpaymen~, and fwther
agrees to any extension of t~me of payme~t, either before or afrcr maturity, without notice to any of us; and to pay all cosh of colledio~, indud~ny •
reascnable attwney i fee in the event of any default hereunder, and he~eby uvcrally waivp all benefit of homes?ead and exemption u~der the constitution
a~,d laws of cach State of the U~ited States, as a9ainst this obliga~iw~ or any extension or renewal hereof.
Witness the hand ~nd seal of each psrty.
s/ Lloyd Taylo= - ~~U
(SEAU
s/ Clotile F. Taylor ~~U
cs~?u
~ 18 t Statt Revenve ' ,
~6aw~p-~oM+c~lled~ e~ ai9inaF wM~) 12 ~0 ~
NOW, THEREFORE, the MORTGAGOR for the purpose of sscuring psyment of said sum of = ~ ' and tM pe~forma~ce of th~
cove~ants and agreements hereinaFrer expceued, and fw diven good and valuable considentions, by these p~esents, does gr~nt, bsr9sin, sell, rcmise,
rrlease, cw+vey ~nd confum unto the MORTGAGEE, ib successon and suiyns, all that cenain lot, piece or parcel of Isnd, situate, lyin~, ~nd beinp in 1M
Covnty of $t • l.NC~6 ~nd Sute of fb?ida, dewibed +s follww~:
Lot 5, Block 49, BII.?MORB PARK, as recorded in Plat Book 4, page 52,
Public Records of St. Lucie County. Florida.
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: pF~~yEp IN PAYMENT OF TA1~
r~ r- Fl DllE ON C1ASS ' tN*A.Y~'B! E: E'S'N1l PRQPERIY~
PUR.SUAMT TO CN0.P: 'R A['' 3 Of 19b1~
~ 5 i~~~i"r_ ; ,x
~ W C~C~C'Ja~;E~:7~ ;T .,~;P T!
~ ~ z = _ - ~ ROGER POI~RAS, Cfe:k Gir t ~t•;:t
~t
~ ~ = L'EC22'71 ~ r..-~;='~> O_ as Agent for DANI=L N. K~;'vW:tS, 1R
~ ~0
- ~ = a =~;f. - $t tucie Cow:t~r iax Coilcctor
£ 1-- U GE?T.BF f.EtERLE~~, __1-:
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~ NU.490112 pr ~/~/LC K-
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~ togetFKr with all snd sinyular the tenements, hereditamenb snd appurtances iherwMO belonpirg or in ~nywite spperhininq thereto. ~nd ~II rents. issws,
~ proceeds and profit~ ~ccruiny and to sccrue from iaid premise~, all of which are included i~ ths above snd forepoirg description u~d Mbendum.
c;~ TO HAVE AND TO HQlO ~M sbov~ dewibed and ynnted premiaes unto tt» said MORTGAGEF. in waessors and aupru forever. Md tM said ~
MORTGA~R for tpe r- hein, executon, adneinistrators ~nd aii~yns, her~by covensnri with the said MORTGAGEE, its wuessors ~nd assipns.
~ ~h~t ey aze ~~fully seized of the said premises in fee iunplt; that ths ssme +re frse, clear and d'escharged from ~II liens and ~ncwn~ i
brances in law w in eqvity, and that thev will ~nd their hein sh~ll wuraM and def~nd tM title to the sam~ to tht said `
- MORTGAGEE, its succeuors and +ssiy~s, for~ver yainst the lawful claims a~d demuds of afl perwro; ;
- PQOVIDED, ALWAYS tMt if th~ MORTGAGOR shall pay unto the MORTGAGEE tM promiswry note hersinbefore described snd sMll truly, promptly ~
and fully p~~form, d~sch+rge, taecut:, complete, comply with ~nd abide by exh a~d ~very tM stipul~tions, agrsen+enb, conditiau and covsnanb of safd ~
prom~ssory not~ and of th~s Mwty+pe, then this MwtpsQ~ ~nd the Estate ha~by u~ated shall uase and be null a~d void. ~
~'t IT IS UNDERSTOOD tMt the wwd "Mortg~yor" whether in th~ sinpular w plw~) Mywhtr~ in this Mutpape. ~MII ba sinyular if on~ only and t
~ shall b~ plural jointly snd s~v~raily if mae than on~, and tMt tM word "their" as wed ~nywl~ere in this Mortpap~ shafl b~ taktn to rrwan "his," "hen;' €
- w"its;' wF~erever the contezt w iinplies a ~dmin. Also, that wherever 1FINf If •~lfNMC! Ifl tIN COYlMfltf ifld ~f!!rt1l~Ift Fltf~lll ODfft~lflld t0 a~y oi
rhe parties hereto. the s~me ~h+ll b~ construed to mesn as well ~s the I~eirs, kyal rep~esent~tives. successws and assipro (eitMr volunt~ry by act of th~
k~~ partits w involuntary by opcratan of the Iaw) of the samc ~nd tMt ~he covensnts Mrein contained shall bind and tht benefiri and adwntpes inw~
- fo the respectiw h~in, Ipd represeM+tiv~s, succeuors and +u~qns of th~ p+rties her~to.
- Md ~aid Mwe9ipon, fw tF+emsehres +nd their hein, ley+l repraseMativd, s~cceuws ~nd ~ui9ns, hereby joi~Hy and severally cover?~nt ~nd a~ne
_ ro and wi~h ths said MORTGAGEE, i» ~uccessors and aui9ns:
1. To pay all and sinpul~r tM pr~ncipal +nd interest and the v~rious ~nd sundry wms of n+oney payabM by v'wtw of uid promiuory note, ar+d thb
~=f matyspe, each ~nd tvery, promPtly on tFw d~ys rapectivtly tM ~ame swer~lly b~conw dvs.
- 2. To pay dl ~nd Nrgvlu N+e raxes. sss~ssmMa, levies, liabilities, obliyatian and sncvmbrances of every n~tw~ +nd kind now on said describ~d
p?operty or that heresfta may bt imposed, wffered. Plat~d. I~vied, or ~swss~d thereon, o? thst here~ft~r may b~ levied w auessed vpon this MorT¢
sye, or tht ind~btsdn~u secured hereby, sach and ~very, when dw and p~y~bte, accadinp ro Isw. befo~e they becan~ delinquent, and b~fw~ ~ny In»rest
attathes w any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII 6E PROMPTIY SATISFIED AN~ DISGHARGED OF
- RECOR~ AND THE ORIGIN/1L OfFIGIAI OOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR ?HE SATISFACTION PAPER OFFICIAIIY ENDORSED
OR CERTIFIED) SMAII dE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXi AFTER PAYMENT; and in ths t~ent tMt any tiw~eof is not
=K paid, sat'sfied •nd diicharged sa:d MORTGAGEE nuy at any time psy the same or+ny p+rt thereof witFaut wsiving or sffectiny ~ny option, lien, puity a s
•~qht under w by virtue of this mortysge and the full amovnt of each and every such payment ~hall be immediately dve and psy+bl~ and shal! bear interest
~rom the d~te thereof u~til paid +t r~te of nine per ce~?um per annum snd to9ethe~ w~ ~x`~ i~'j~ t shall be secured by tf~e lien of th:s mwyta~.
- BOOK ia70 P11GE ~