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Home My WebLink About0773 . 23333$~ ~ TNIS INDENTURE, N4d~ th~~ 13th day of' `J~ A.D. 19 72_, batwee~ L o1, yd TayTor and C o lde F. Taylor~ h s~r fe . ~ R of St ~ j'~ e Cou~fy florida, he~eirsafrer designated ~ss the "MORTGAGOR," ~ and FIRST FEDERAL SAVINGS A'ND IOAN ASSOCIATION OF FORT PIERCE, a corpwatio~ a9snized and existin~ under ~he Isws of tl» United Sta~~s of. Meric~ ~nd Mvirg it~ principal pl~c~ of buu~xu in tM City of fort PiNCS, St. lucie County, florida, hcrein~fter desipnated a~ fl+t "MORTGAGEE:' : WHEREAS tM MORTGAGOR is jviNy indebted to ths MORTGAGEE in the sum of i~4i~~•~ good and lawful money ot the Un~t~d ~ ' States advanced by the MORiGAGEE ~nto the MORTGAGOR, ss evidenced by ~ certain promiuory note of eyen date herewitl+, of which the followinp i~ - wadi +nd figuret is ~!rw copy, to-wit: ~ : ~ ~ 14,000.00 N, 3-18,568- fort Pierce. Florid~. Julv 13 ~ 19~_ For vatue ?eceived, 1, we w either of us, promise to pay, without defalcatia+, to the order of fIRST fEDERAI SAVINGS AND IOAN ASSOC~AT~ON Of ~ FORT PIERCE af Fo?t Pierce, Florida, the sum of = 14~~~ wifh interest irom date at the r+te of7 • 5 96 pK +~~wn: i~ mo~lhly inttsll- ments as follows: i 113 on the lSt day of S@ptel~er 19 72 a~d a like sum on the corresponding day of each month th~rr atter until the whole be fully paid. Eath installmcnt first shall be applied in payment of the interest and then on the unpaid balance of the printipal wm. (f d sult is made in the ` payment of any inatallment when due, and such default continues 30 days, then at the option of the hotder, and without any othe~ notice, sll the remaining Zy ~nsullments shall be dve and payable at once. Privilege is given to prepay this note i~ whole w in parf a1 a~y time without penalty. Neiti~er faebearu?ce, Z nor uceptance by the holder thereoi aftet a~y default in any payments hereon, shali be deemed extension. A late payment charge of ~ 5~65 shall b~ added to each installrrKnt remainiog u~paid 7 days after ib due date, and • like sum shall be added to each such installment remaining unpaid 7 days +fte~ each svcceeding payment date. ~ ~ Each maker, wrery and endwser hereof, jointly and severally, waives demand, p?esentment protest and notice of protdt fw nonp~yment, and further ~ ~ agrees fo a~y extension of t~me of payment, either before or after maturity, without notice to any of us; and to pay all costt of collection, includinp • ~ reasonabk attaney i fce in the eve~t of any default hereur.der, and hereby severally waives all benefit of homestead and exemption under the constitWion and laws of each State of the Uoited States, as aga~nat this obligation or any e:tension w renewal hereof. a Witness the hand and seal of each party. S /I-18,X.f~~aSC~nr ~Aq ~'0 t5~?U ~ S~~'loti~ F. Twvlor ~q ~ $21.00 ~ t ~ State Reverwe NOW, THEREFORE, the MORTGAGOR for the purpose of secvring payment of said sum of s 14~~~•~ ~+d iFw pKfotmants of th~ covena~y ~nd agreemenb hereinafter expressed, and for divers good and v~lwble considerstions, by these presenn, does grant, bar~aiq sell. remise, release, convey and confirm unto the MORiGAGEE, iri succcssors u~d ~uigns, all that cen~in lot, piece or parcel of land, situatq lyinp, and being in ths Camty of St . Luc ie and State of Florida, described as follows: Lot 3~ S AND N SLBDIVISION,.as per plat thereof on file in Plat Book 16, Page 8~ in the public recozds of St. I.ucie County, Florida: ' ~„r~-•.r- ~ W S'1 ~AT E~F F L O R 1 U A ' J Z DOCUM.ENTAo~ ST~MP TAX RECE?v~ ~`~~~t~N pAYMEN~~ ~ = J U I. l~' 7 2 = W i E O N C t J? s s C n~~ l Y 7 L ~ J! N U DEiT.OF REr[i0E 1• - ' t~ ~ O O_ ~ SO ~ ~ J~yE lA~ P.8.~9o~~t _ ~t ~T, ST. toyether with all ~nd singulsr the tenements, hereditan:ents and appurt+nces the?eunro 6elonginy or in ~nywise sppertainirg fhersto, sed ~II renri, iuues, prxeeds and profits acauiny s~+d to acuue from se~d premiie:, sll of which ue includad in the abov~ and forpang descripYwn ~nd habendum. TO HAVE AND TO HOW the above described and gnnted prerri~ses unto the said MORTGAGEE, ib successon and assigns forere?. And th~ Nid NSORTGAGOR for their____ executon, administratws and assig~s, hereby covenants witF~ the said MORTGAGEE, iri suoctsson ~nd ~ssi9ro, ~~t they are ~swfully se~zed of the said prem~ses in fe~ simple; that ths same are free, cku and disch+~yed from all liero and ~ncunr brarues in law or in equity, and that they will ~nd their hein shall wa?rant and defend tM title to the sam~ to tM sNd MORTGAGEE, itt s~cceuors ~nd euigns, forever ag~inst the lawful claims and demands of all penor?s; PROVIDED, AlWAYS that if the MORTGAGOR shall pay vnto the MORTGAGEE the promissory note hereir.hefore dexribed uid shaH tnrly, p?omptfy a and fully perfwm, discharge, execute, complete, comply with and abide by esch and every the stipulatio~s, apreemenb, conditiw~s and cov~n+nn of taid ~ promissory note snd of this Mortgage, then this Mortg~ge and the Estate hcreby veated sFmll cess~ ud be nuU ~nd void. ~ ~ IT IS UNDERSTOOD that the wwd "Mortgsgor" whtther in the :ingulu w pl~tal snywhert in this Mwtyap~, ihall b~ sirgulu if orn only and ~ shall be plural jointly and severally if more tMn one, snd that the wwd "their" ss uied anywhere in tha Mwtpay~ sh+ll be t~ken to mean "his;' "hen;' ~ o~ "its," wherever the context w implies w admits. Alw, that wfierever there is • reference in ttw coven~nn and ayreemcnn he?ein coMiukd to amr oi ~ the parties hereto, the tame shall be con~trued to meae s~ well as the hein, kgal r~presentatives, suctessors snd sssigro (either volumary by act of th~ pa~ties a involuM~ry by operatan of the law) of tFro same and that the covenants herein contained shall bind snd the benefib ~nd advaMapp irwn ~ to the ~espective heirs, kyal representstives, aucceuors and au~y~s of the parties hereto. Md ssid Mwtgagon, for themselvcs and their hein, lepal representatives, s~cceswrs and assigns, hereby jointly and sevarally cover?~M ~nd spne ~ to and with the said MORTGAGEE, its successors and assigns: . 1. To psy +II ~nd singutar tlx princips~ and interest and the various and sundry sums of money payable by v'utw of ~aid promiu«y rwte, and tha - mortyape, escl~ and every, p~omptly on the days respectively the ssme severslly become d~re. - 2. To pay all u+d s~ngulu the a:a, stsessmenn, kvies, li~bilities, obligatian +nd eocumbrances of every n+tur~ and k'Md now on ~aid descr~ed s property, or tMt hereefter msy be imposed, s~ffered, placsd, I~vied, w~a~essed ther~on, or tMt hertafter may b~ levied or assessed epon this Mortp~ = ept, w tM indebted~ess iecured he~eby, each a~d wery, wMn due and pay+ble, accordinp to law, before they becomt delinq~ent, and b~fort a~ryr Intenst : sttaches w ar?y pen+lty is incurred; ANO INSOfAR AS ANY THEREOF IS Of RKOR~ THE SAME SHAIL BE PROMPTLY SATISFIED ANO DISCHARGED OF ~ RKORD AND THE ORIGINAI OFfIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR TME SATISfACT10N PAPER OFFICIALLY ENOORSED OR CERTIfIED) SHAII BE PLACEO IN iHE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the ~vent that any thereof is not paid, sat"sfied snd dixharged sa:d MORTGAGEE may at any time psy the tame w any part tt?ereof without wsiving o~ affectiny any option, lie~, tquity or E .pht unde? w by virtve of this mortga9e and the full amounf of each and every such payment ~hall be immediately d~e snd pay~bk and ihall beu iMerest ~ ~rom the date thereof vnril paid at rate of nine per centum per annum and toqether w~th such inte~est shall be secured by the lien of th:s mo~gta~t. ~'~R~~a4 ~ , , . ~r~ - ~ _ . r~ ~ ~ ~ ''w ~F n_-~~~,°°"~~ s,.-:,~.~,.~. ~ -