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Home My WebLink About1804 2;z5824 THIS IN~ENTURE, Mad~ the 17 t h day of ~I Ch A.D. 19?? , between Douglas N. Taylor and MaDel R. Taylor, his wife of St. LuGle ~ ~ounty flwid~, Mreinaft~? designated as 1M "AtORTGAGOR." and FIRST fEDERAI SAVINGS AND LQAN ASSOCIATtON Of fORT PIERCE, a cwpa+tion o:q~nized snd exi~~i~y unde~ tM laws of tM United Stat~i of Amcric~ u?d Mvinp its p~incipal place of ~ bu~in~u in tM City of Fort PiKC~, St. luc~~ Covnty, Flwida, her~in~ftK des~pn~ted as t!w "MORiGAGEE:' WNEREAS ti?~ MORTGAGOR is jtntly indebttd to t1» MORTGAGEE in the sum of s 2O ~ 4OO ~ ~0 9~ ~nd lawful money ot thc Un~ted Sfares advanced by ths MORTGAGEE u~to the MORTGAGOR, ss evidenced by a certain promi~sory note of even da~e herewi~h, of wh~ch tfie following in wo~ds ~nd fgu~es is a trw copy. to-wit: s 20~400.00 ' r,~, 3-18,092_ Fort Pierce. Florida. ~tareh 17 ~ 1972 fw vatue received, 1, we or eithcr of us, promise to pay, without defa!cat~on, to the order of FIRST FEOERAI SAVINGS AND LOAN ASSOC~ATION OF FORT PIERCE at Fwt Pierce, Ftwida, the sum of f 20~4~~• with interesl from date at the rste of 5•,o pe~ annum, in monthly initall- n,ents as follows: S 1 Sl . ~Q a? the 15 t d+y of ~y , 19 72 ar.d a like sum on the cwresponding day of each ~+wuh there- atrer ~ntil the whole be fully paid. Each installment fint shall be applied i~ payment of the interest snd the++ on the unpaid balante of the principaf sum. If d ault is msde in the Fa~ment of any installment when d~e, and suth default conti~ues 30 daya, then at the option of the ho~der, and without sny other notice, all the remaining :nsteliments shall be due and p~yable at once. Privileye is given to prepay tha note in whole or in part at any t~me without penalty. Neither faebearsnce, nor ecceptance by the holde~ thereof sfter any defa~lt in any paymenfs hereon, shail be dcemed extension. A lare payment charge of s~~, shall be added to each i~stallment ~emaining unp~id 7 days after ib dus date, and a I~ke sum shall be addrd ta each such instaflment remaining unpaid 7 days after each sutceeding paymsnt date. Each maker, surery and endorser hereof, jointly and severslly, waives demand, p?esentment p~otest and notice of protest fw nonpayment, a:~d further agrees to any extensio~ of time of payrnent, either before w after maturiry, without notice to any of us; and to pay all costs of collection, includ:ng a reasonable attwney's fee ~n the event of any default hereunder, and hereby severally waives ali benefit of homestead and exemption under the co~stitution a~~d laws of each State of ~he United States, as :ga~nst this obligation a any extens~on o~ renewal hereof. Witness the hand snd seal of c~ch party. s/ Doualas N. Tavlor ~n~) (SEAL) s/ Mabel R. Taylor ~A~~ cs~?u ~ $30.60 ~ State Revenw tStaepce~ecdis~ a~ ar~od~t~J NOW, THEREFORE, t!x MORTGAGOR for the pv~pose of secvring paymcnt of sa~d sum o~ i 2O~ 4~~• and the performance of the covenanb a~d a9reements her~inafter expressed, and fa divers yood a~+d v~luable considerat~ons, by theu presents, does grant, bar9ain, sell, remise, release, convty and confirm unto the MORTGAGEE, iri succeuort +nd auigns, all thaf ce~tain IoL piece or pucel of land, tituate, lying, and ~eing in fhe ~~~~y S t. Luc i e ~nd State of Fbrida, desvibed ~s follows: Lot 8, Block 3, TROPICAL BEP.CH SUBDIVISION, as per plat thereof on file in Plat Book 10, page 9, Public Records of St. Lucie County, Florida,t- f ~ ~ E t j t i ! ° S'~'~~'E aF F L O R I OA i ~ ~v ~ . DOt~''N3 " STAMP TAX ; ~ - ~ ~f TE,x~S e ~ ~ - MR2p7t , = ~ {u PhY ~ 4 ~ ~ V ` i 3 ~ 6 ~'M 'C i;,'T;t16i81-E PE3S0'~I.~i P~~M i ¢ oEn.M aKn[ • - ril~ L,1 i fg 71-13~t. ACTS Of 197t. ~ P.B.~ro~~: _ = p. ti::;t,~'ti ~o crw?' ~ tc;~: cc. riZ ff y~,M3CR P(~t1PA~ Gsc:ilt cx~uZ. : ~ ~ rogether with ~II and singula? the tenements, heredit~menb ~nd appurtances thereunto belo~gi~g or in aoywise appensining tFxreto. +~ci dl renri, iu~es. ~ proceed~ and profin accruinq and to atcrue from asid pr~miut, all of wFiKh ~re included in the sbove and fwpoirp destription and F?~bendum. TO HAVE AND TO F101D the ~bove desuibed and 9nnted premises unto the said MORTGAGEE, itt successon snd atsiyra forsvts. Md tM s~id ~ MORTGAGOR fw t he l I F?e;n, executon, administr~tws snd auigns, hereby covenann with tha said MORTGAGEE, its successas ~nd ~ssiyro, K rhar they are Iswfully seized of the said premi~es in fe~ simple: that tF~ s+rrN are free, clesr ~nd discharged from alI IiHa aod sncvnr ~ :L brances in law a in equity, and tMt theY will and Lhell hein ~hsll warrant and defend fhe title to the sarrk to tM said MORTGAGEE, its successon ~nd assigra, fwever ayainst the lawful clsimi +nd demands of sll persan; PROVIDED, ALWAYS tMt if the MORTGAGOR shall pay unto the MORTGAGEE the promissory ~ote hereinbefore destribed and shsU truly, promptly and f~tly perfwm, diuMrQe, execute, compltte, comply with end abide by each and every the atipvlations, agreements, co~ditions and covenanri of said ~ promistory note and of this Mwtgage, then this Mortgsge snd the Estate hereby veated shall ce~se snd be null and wid. IT IS UNDERSTOOD that the word "Mortg~yor" whether in th~ singulsr or plur~l a~ywhere in this Mortgage, shafl be sinyulu if ona only ~~d - sh~ll b~ plural jointly and wverally if mor~ than one, snd that the wad "their" as ufed anywhere in this Mort~age ihall be uken to m~an •,his; •••hen; w"ib;' wherever the conMxt w implitt w sdmits. Alw, that wherever there is ~ refererxe in tF~e covenanri and +greements h~rein contained to ~ny of the parY~es hereto, th~ ~ame shall b~ construed to me~n as well as the hein, kyal ttpresenhtivet, successws +~d assi9rn (eitl?er voluntary by ~ct of th~ ~ = panies o~ involuntary by opK+tion of th~ law) of the ssme ~nd that the covenann F+erein contained ihalf bind a~d the benefits and advantapes inws ~ ro the respectiv~ hein. Ipal representatives, successon snd au~ns of the p+nies hereto. w _ Md ~aid Mortgayors, fw themielve~t and their hein, lepa~ represeMatives, successon snd ~ssi9ns, hereby joiMly and severally covenant •nd apne ~ = ro and with the ~aid MORTGAGEE, i» iuccesson ~nd auigr+s: 1. To pay all ~nd sirgulu tiw pri~tipal and imerest and the wrio~s and su~?dry wms of money psyable by virtue of said promissory note, and this Q :3 mort9ay~, sach and tvery, p~omptly on 1M days reipeaiv~ly the same stv~rally become dve. Q 4. To pay ~II and sirgvlu tl» taxes, auessmenb, levie~, GabiGties, obligations and sncumbr~nces of every nature and kind now on ~aid dtsaibed C.~j ~ property, a tMt hereaft~r m~y b~ impos~d, suffered. Pl~ced, levied, a asseised thereon, or tMt hereafter may b~ levied a asseased upon this Mwtq- ~~i +9e, a the ind~bt~dneu ~ecured hereby, each and every, when dw and pay+bfe, accwdinp to law, befwe they become delinquent, and befa~ sny Int~res~ o attaches or a~y penalty ii inturred; AN~ INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII dE PROM?TLY SATISFIED AYD DISCHARGED OF ~m RECORD AND THE ORIGINAL OFfICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION VAPER OffICIAIIY EN~ORSED OR CERTIFtED) SMALL dE PlACEO IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; a~d in the event tMt any thereof is not ~?a paid, sat'sfied and discharqed ~a:d MORTGAGEE may •t any time pay the same or any p~rt the?eof without waivi~g w affectiny any option, lien, eqvity or .iQht unde~ o? by virtue of this mor?y~e and the full amount of eath and eve~y such paymem shall be immcdiately due and payable snd shall bear imere~t hom rhe date thereof until paid +t rate of nine per centum per ~nnum and toge~her with such interest thall be secured by the lien of th:s morytaye. ~ ~ - - ~ ~ ~ ~ ~ ' ~ ~ °~r.~~~,~"-,~w~~_1 ,~.,.:;t.. ~',..<K.._ _ -~t.~_. _ _ _ . . f' ~:i~r