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231109
THIS INOENTURE, Mad~ the 15t ~ day of ,u~e q.D. 19 lptw~en
Lloyd Tayloz and Clot lde F. ?aylor, h s w fe ~ ~
of St • 1'uCie . Counfy Fiorida, he~tinafta desg~ated ss the "MORTGAGOR;' and FIRST FEDERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a cw;~waGon apanized and ea~s~ing unda tF?~ faws of ~M Un~ted S~ai~s of America and Mvinp its principsi pl~ce of
bu~ineu in th~ City ot For? Pie~c~, 5t. lucis County, Fiorida, hertinafttr d~i~ynat~d, as tM "MORTGAGEE." ~
WHEREAS the MORTGAGOR is jvstly indebted ro!hs MORTGAGEE in tM sum of : 15~ 7O0i~ good +nd lawful money of the Un~ted
Srates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promissory no~e of even dats herewith, of wh~ch the foilowin9 in
words and fi9uret is a trw copy, to-wit: .
_ ~5~700.00 r,~, 3-18.416
Fotf P1erc~. Fbrida. .1W1@ 1~ 19 72
Fo~ value received, 1, we w either of us, promise to pay, without defalcafion, to the order of FIRST FEOERAI SAVINrG~S~ ANO IOAN ASSOCIATION Of j
FORT PIERCE af fat Pierce, Fbrida, the sum of S 15~7~~~ with interest from date ~t the rate of 7~~% pe~ +~~~+~n. ~+«dhly install-
ments at follows: = 127 an the 1St day of ~tObBr 19 72- u+d a like sum on ths cwre~pw~ding day of esch month there-
afrer until ?he whole be fully paid.
Esch installment first shall be apptied in payment of the intereat and then on the unpaid balance of the p~~~c~pal sum. If d ault is made in ths
payment of any installment when due, and such defaul~ conti~ues 30 days, then at the option of tlx holder, and without ~ny other notice, all the remaining
~~:stallments shall be due and payable at once. Privilege is given to prepay this ~ote in whob w in put at any time without penalty. Neither forebtarance, ~
nor acceptance by the holder thereof afte~ any default in any payments hereon, shall be deemed extension. A late paymeM ch+rgs of s b~35 s~~~ ~
added to each installment remaining unpa~d 7 days after ih due daq, ~nd a like sum shall be added ~o each such installmsnt remaining unp~id 7 d+yt after
each succeeding p~yment data
Each make~, surety and endorss~ hereof, jointty and severally, w+ives demand, p~exntment protest and notice of protcst for nonpaym+ent, and funher
agrees to any extension of time of payment, either before w after maturity, without notice to a~y of us; and to pay all costa of coltection, includ~ny •
reasonable attwaey's fee in the event of any default hereundcr, +nd F?ereby severally waives all benefit of homestead and exe+~+p~ion under the constitution
and lawa of each State of ths United States, as syainst this obligation w any eate~sion or renew~l htreof.
Witness the hand and sesl of esch pa?ty.
. (SEAL)
~ S Lloyd Taylor
(SE/?U
S Clotilde F. TayloY ~
~ 23 ~ SS ~ state Reveow
(S~a.M..on+.d+.d•«r•o.yiw~.~.~.) 15 700.00
NOW, THEREFORE, the MORTGAGOR fot the pwpose of secu?ing payment of s~id sum of : ~ snd the perform+ncs of tM
covenants ~nd sgraements hereinafter expreued. ~nd fa divcrs 9ood and valwbl~ considentans, by thes~ presents, does y~~nt. bar9ain, ull, remise,
re~ease, convey and tonfirm u~to the MORTGAGEE, ib tuccessors and suign~, all that certsin bt, pieu or pucel of Isnd, situate, lyiny, and beinp in the
County of St . Lucie and State of Flwid~, described ~s folbws:
1
Lot 20, Block 2, Col. H. D. Goforth Subdivision, as per plat thereof
on file in Plat Book 9, page 75, Public Records of St. Lucie County,
Florida,
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togetMr with •11 ~nd singulsr tht tenemsnts, hereditame~ts ~nd appurts~ces thtra?nto b~lonpiny a in anywis~ +pp~rt+i~+inp tlw+ero. +nd all rtnb, iuws.
prxesds and profiri xuuiny and to accrw from said premises, all of which u~ includad in the ~bov~ and ~wpoinp dacription and habendum.
~ TO HAVE AND TO t101D the +bove d~scribed +nd 9r~Med premises unto th~ uid MORTGAGEE, i» succ~sson and auipm fwev~r. Md tM s+id
~ MORIGAGOR for thel Z____ ~,~n, exec~to?s, ~dministr~ton and auiyro, hereby tov~nsnts with the said MORTCsAGEE, iri succ~sso?s and ~uiQns.
~ rhar th-~--are - i.,,,,~~ur se~zed of the said prem~sas in f~e simplr, that tM ssr~ an fns, cte~r and dischar~ed from all liem and ~ncw+r
br~nces in law a in equity, and fhat they will and their ~II wxru?t and d~fend t}N titlt to tM s~+r» to ti» said
~ MORTGAGEE, i» sucuswrs and augns, fwever a9~irat tF~ l+wful claims and demand~ of all p~rwro;
~ PROVIOED, ALWAYS tMt if th~ MORTGAGOR shall pay uMO the MORTGAGEE tM ptomissory nott Mrtinbefwe de~tribed and shall truly, promptly
end fully perfwm, dixharg~, exetute, compl~te, comply with snd sbide by e~th a~d every tht uipulatiwu, ap~tert~enn, conditiom and tovenants of Nid
~ promiuory rah and of this Matyape, then this Mort9aye ~nd the Estat~ hereby a~afed ~h+ll uase and be null ~nd void.
~ IT IS UNDERSTOOD that the word "Mortya~w" whethe~ i~ tM sinyulu or plwal ~nywhet~ k+ ~his 11Aortyape. ~hall be tinpular if on~ or?ly ~nd
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shall be plur~l 'pintly ~nd s~vcrally if mor~ tha~ one. and th~t tM wwd "thei?" as u~ed anywMn in N1H MOIf~~~ i~NII bt t~ICM /0 rtllN1 "his:• ••Mn.,•
~ or "its; ' wherever tlx conte:t w implies or admit~ Also, th~t whereve~ there i~ ~ nf~renc~ in th~ cownanp u~d s~re~menb haein contain~d to a~y of
' rhe p~rties hereto. th~ same ~h+ll b~ constrved ro mean ~s well ~s the F~ein. Ipal rpresentatiws, successws and ~uiym (~ither volunrary by ~ct of tM
~ pa.tie~ w involunt~ry by opeatan of th~ Isw) of tM iame and that the cov~nanb hersin contained sh~ll bind ~nd tM b~nefin snd ~dvant~pp inur~
~ ro the rapectiw h~ai, I~gd represenhrives, successors and au'yro of th~ puties hereto.
~ Md uid N4ort9pws, fw themstlves ~nd fMir hein, leqal representatives, succes~ors u+d ~uiyns. hereby jointly and seva~lly covenaM and aprk
~ ro ~nd with tM s~id MORT6AGEE, in succ~uors snd auiyra:
~ 1. To pay •II and sinpuiar th~ printipal and inte~est and the wrio~n ~nd su~dry swm of monty p~Y~W~ by virtw of said prom~uwy nWe, and thia
~ mort9~, each aed ewry, promptly on t!» days r~spectiwly tM sam~ wwrally becar+~ due.
~ 2. To p~y dl Md siny~lar th~ qxes. ~ssesun~nts, bvin, liabilities, oblipatiau ~nd tncumb~ncp of wery n~tw~ and kind aow or~ said dncrib~d
p.operty, a tMt Mr~~ftN may b~ imposed, wffa~d, pl~ced. Iwied, or ~weswd thsnon, or th~t her~~ft~r may b~ levi~d a nseswd upon this Mwtg
~y~, a tM ind~btedness srcur~d hereby, exh and wary, when dw ~rd p+Y+bl~, accordinp to law, b~fw~ tMp bacan~ delinqvsnt, and befat ~ny iettr~st
a~raches w~ny penalty is incurred; ANO INSOFAR AS ANY iHEREOF IS OF RKORD THE SAME SHAII dE PROMPTIY SATISfIED AND OISCHARGED OF
RECORD AND THE ORIGINAL OffICIAI OOCUMENT (SUCH AS, fOR INSTANCF, THE TAX RECEIPT OR THE SATISFACTION PMER OffICIAIIY ENDORSEO
OR CERTIFIE~) SMAII 6E PIACED IN TME HANDS OF SAID MORiGAGEE WITHIN 1EN DAYS NFXT AfTER VAYMENT; ~nd in the event fMt ~ny the~tof is ewr
~ pa~d, sat ~f~ed snd discharqed sa:d MORTGAGEE may •r sny time p~y the s+me w any pan ~i?ereof withovt waivinq w affectiny any option, iien, sqvity a
_ •+pht under w by virtue of ehis mo~tgaye a~d the full amo~,nt of exh •nd every such payment ahall be immediately due •nd payabl~ and sh~Il beu inter~s~ ~
~•om tF+e due thereof umil pa~d ar r~te of n~ne per cen~~m per annum ~nd toyerhe? w~th wch inte~at s dl be ucu~~d b the lien of th:s rrwrytpe.
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