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Home My WebLink About1693 2~o~s ~ . ~ ~ THIS INDENTURE, Mad~ the ~1St day of ~ ii J~y•* ~1 s . A.p. 19 ~a y betwesn ~ Llovd Tavlor and Clotilde F. Taylor, his wife ° • St. Lucie ' of tounty Flwida, hKeinaf~~r designated +s ths "MORTGAGOR," and FIRST FEOERAI SAVINGS AND IOAN ~ ASSOCIATION OF FORT PIERCE, a cwporation wy~nized and ex~i~inp u~der ths taw~ of ths Unit~d Sta~~s of Americ~ aod Mvinp in principal pl~c~ of businesa in tF» Clty of fwt Piace, St. lucie County, Flaida, hcreinaha dai~nated ~s the "1NORTGAGEE." WHEREAS tM MORTGAGOR is jwtly indebted w ths MORTGAGEE in the sum of i ~'a•~~•~ , goud and lawful money of the Un~ted Srates advanced by the MORTGAGEE unto the MORTGAGOR, as eviderxed by a certain pran~issory ~ote of even date herewi~h, of wh~ch ~he followinp in words ~nd figures is ~ trus copy, lo-wit: _ ~~pOO.pp r,~, 3-18, 595 Fort Pierc~. Flwida. •T~y 21 • 19,72 _ Fw value received, t, we or ei~her of us, promise to pay, wiiFwut defslca~ion, to the order of fIRST FEOERA~ SAVINGS ANp IOAN ASSOC'ATION Of FORT PlERCE at Fort Piace, Florida, the sum of : 14.s w;th interest from date at the rate of 7• 59f, pe~ annum, in moMnty i~st:i!- n,ents as ioltows: S 113.~ on the ~ St day of ~t~~r , 19 72 and • like sum a? ths cwresp«?dinp dsy of each month there- after uotil the whole be futly paid. Each installment first shall be appi~ed in paymeni of the interest and the~ o~ the unpaid balsnce of the princ~pal svm. lf d ault is made in the paymcnt of any installment when due, and such default continues 30 days, then at the option of ths holder, and without ~ny other notlce, all the remaining ~~stallments shall be due and payable at once. Privilege is given to prepay thia note in wfiole or in part at any time without penalry. Ne+tF~er fwebearance, nor acccptance by the holder thcreof after any default in any payments hereon, shall be deemed eztension. A late payment charge of s 5• 65, shall be added to each inataltment rsmaininQ unpa~d 7 days after its due date, and ~ like sum shall be added to each such installment remaini~g unp~id 7 days afte~ each succeed~ng payment date. Each maker, surety and endarur hereof, jointly and severally, waives demar~d, preuntment protest and notice of protest fa nonpayment, and furtFxr agrees to any extension of Nme of paymenf, eithe? before w after maturity, without notice to any of us; and to pay all costs of collection, irxlud~ng a reasonable attwney's fee in the event of any default Fxreunder, and hereby severally waives all benefil of homestead and exemption ~nder the corutitutiot~ and laws of each State of the United States, as againat this obligation w any extension a renewai hereof. Witness the hand and ual of each party. S/Llovd Tavlor ls~?~) S/Clotilde F. Taylor ~~y (s~?U r $21.00 ~ s:ate Reven~e NOW, THEREFORE, the MORTGAGOR fw the ourpou of securing payment of ssid swn of = 1'4 • , and the pe~formarrce of the cove~ants and agreements hereinafter eap~essed, and fw divers good and valuabfe consida~fions, by these p~esenri, dxs grant, bargain, sell, remise, release, convey and conf;rm ~nto the MORiGAGEE, its svcceasws and au~gns, dl that cen~i~ bt, pieoe or pucel of land, situate, lying, and beinp in ths County of St . LuC ie ~ and Stat~ of Florida, desuibed ~s fdlow~: Lot 15, Block A, BENJAMIN t10C~G'S p~I TION , as per plat thereof on file in Plat Book 1, page 1, recorded in the public records of St. Lucie County, Florida.!~ , oF FLOFt1UA W STAY E p., pOCUMENTAd STAi~iJ_ P T~x o ~ ~ o~ = J1~26'72 Z t O O= IN PAYMf?IT Of TAXES y V ot? i. O F R, r E t Y E-'~ = R E L~ f V E DC`~ INTAN6iBL E P E° S O N A I PROPEHIY. .pg, r~o ~ - ~R a~n~ft To CHAp1 E R 7 1- 1~. A~ j S Of 191~~ ROGER POIiRA~ ' ~{~R1( CIRGWT CWRt. Si. IUCfE GO., ~ together with sll ~nd singular the tenements, hereditaments and sppurf~~cea therevnto belonyi~g or in anywise ~ppe~taini~p there% ~nd all rents, issues, proceeds a~d profits xuuing snd to acvua from ssid premises, all of which are included in tM abov~ and fw~yoing descript'an a~d Fwbendum. ; TO HAVE AND TO HOLD the above described a~d gnnted prcmises unto the said MORTGAGEE, iri wccesson and auiyns forevsr. Md tFw s~id MORTGAGOR for t~ll hein, axecutors, administnton and auigro, hereby cover?~nb with the s~id MORTGAGEE, Hs suttesson and ~ai~ru, , fhat _theY are ~awfully scized of the ssid p?em~ses i~ fee simple; that the same u~ frse, clear and discharyed from all tieru ~nd encum~ brances in law or in equity, snd thst thev w~l~ ~ their hein shsll wursnt u~d defend the tiN~ ro tM ~ame to ?he satd MORTGAGEE, in succeuors ~nd auiyru, fo?eve? agaimt the lawful ct+ims snd demands of .~II persons; i AROVIpED, ALWAYS thsl if the MORTGAGOR shall psy unto the MORTGAGEE the promiuwy note heteinbefott d~wibed and ~II truly, promptly ; and fully perform, d~uharge, execvte, compktt, conpty with and abide by eath ~nd every the stipulations, syreernents, conditia~s ~od tovt~sr?ri of said ? promiasory note and of this Mwtyage, then this AAortyage and the 6~ate hareby aeated shall cess* and bs nuSl u~d void. IT IS UfYDfRSTOOD tMat tMe word "Mwtgagor" whether in the singular w pluraf ~ywMre in this Mortppe, shall be iu+9ular if one only ~~d :hall be plural jointly and severally if more th~n one, a~d fhat the wwd "thei?" as used aoywher~ in ti~is Mon~aye shsli be tsken to mesn "his,•• "hen•• or "its;' wherever fhe context w implies or sdmin. Also, thal wherever there is a ref~rence sn the covcrnnn ~od sQ?eements herein contsined ro a~y of ; rhe panies hereto, the ssme sMll be construed to mem as we0 ~s the Aein, legal r~presentatives, successors aod auigro (either volun?ary by act of t!y partiea w involuntsry by uperaYan of the law) of the ssme and that tF?e coven~nts herein contained sMll bind and the benefib a~d advantaQei irwre ro the respective heirs, legal representatires, succeuors and iu~ro of the part"~es h~reto. ~ , Md said Matgagon, for themsetvea and their hein, kgal represeMafives, succeasors and usigns, hereby joiMly and averally coverwnt and syr~e ~ ro and with the said MORTGAGEE, irs successors a~d suipns: 1. To psy ~II and singulrr the pri~cipsl snd imerest and ~he var'wus snd wndry sums of moneY paYabte by virtue of s~id promissory rwte, and thFs morrgaye, each a+d every, prompNy on rhe days respectirely tF+e sarns sever~lly bsoom~ dw. 2. To psy all and singular the taxes, sssessmenb, levies, liabilities, obliyations s~d encumbra~ces of every nature and kind ~r on said desc~ibed , property, or that hereaher may ba imposed, wffered, placed, kvied, o? ass~ssed thereon, w that her~affer may b~ tev;ed or aaseakd ~pon tM Morty. age, or tM indcbtedr?ess secvred he~eby, sach and every, when dve and piyabk, accordin~ ro law, befwe they becane d~linquent, and bsfu~ ~rryr interest ; ' arraches or any penalty is irxurred; AND INSOFAR AS ANY TMEREOf IS OF RKORD THE SAME SNAII BE PROMPTLY SATISf1ED AND DISCHARGE~ OF RECOR~ AND THE ORIGINAI OFfIC1Al DOCUMENT (StKH AS, fOR tNST11NCE, i1iE TAX RfCE1PT OR THE SATISFACTIOM PAPFR OFFICIAIIY ENDORSED OR CER~IFIED) SNAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN pAYS NEXT AFTER VAYMENT; ~r+d ir+ the event th~t any thereof is r?o~ pa~d, saYsfied and dixharged sa:d MORTGAGEE may st ~ny time pay the same w any part the~eof witFw~t waivi~y or affectirg ~ny option, lien, equity w •iQht under or by virtue of this mortgage and the full amovnt oi exh ar+d eve?y svch payment shall be immedf~tely due snd paysbk and shsll be~r interest ~~om the date thereof vntil id ~t rate of nine r cent~m r annvm ~nd t ` Pa pe pe oye~her with such inr II secured by rhe lien of fh:s morgtsye. B oK~°4 ~ss~z ~ ~ r ~ Y~ - s~.. _ ~ _ - } ' r_.