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HomeMy WebLinkAbout0391 23~249 , i~ ~ THIS INDENTURE, Made the ~ ~ th d~ of Al~U3t A.D. 19~... between Lloyd Taylor and Clo~ilde F. Ta~vlor, his Wife af .~r• Lucie ~~„~y F~a;d~, ~reinafter designa~ed as the "MORTGAGOR," and FIRST FEDERAt SAVINGS ANO IOAN ASSOCIAT~ON OF FORT PIERCE. ~ caporatio~ wganized and exii~ing unde~ the laws of Ihe Un~ted Sta~os of America and having i» principal placa of business in the City oi fort Pierce, St. l~cie Covnty, Florid~, hereinafler desi~nated as the "MORTGAGEE:' WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEf in the sum of ~1.~ 8~- ~ , good and lawful money a1 the Un:ted S+ates advanced by the MORiGAGEE unto the IVIORiGAGOR, as evidenced ty e certain promissory note of even date herew~th, of wh~ch the (oltowing in , words and figures is a t~ue topy, to-wit: - s~ 1~.800. oo 3-t 8,666 " Fwt Pierce. Florida. A~~3t ~ ~.t. 19~_ For vaive received, 1, we or either of us, prom~se. to pay, without defalcat~on, to the order of F~RST FEDERAL SAVINGS Ah''a LOAN ASSACIATION Of ~ FORT PIERCE at Fa1 Pierce, Fbrids, the sum of s~1~8~~ ~ - w~th intereat irom date at the rate of~ °,~o F~ ~num, in monthly inslall- ~ rr.eNS as fof!ows: S~2-Q~- on ~he -1$-~ day of ~rE'-mber 19_~ and a like sum on the cwresponwng day of each month thero- ` afrer until the whole be fully paid. Each ~nstallment first shall be appliad in payment of rhe interesf and then on the unpaid balance of the p~inc~pal su~n. If d ault is made in the ~ ~ayment of any ins~allment when due, and such default continue: 30 days, then at the opti~n of the hoider, and without a~y other notice, all the remaining _ ~nsrallments shall be due and payabte at once_ Privilege is given to prepay this note in whole or in part at any time without penslty. Neither iwebearance, nor accepfance by the holder thereof afte~ any default in any payments hereon, shall be deertxd extension. A late payment charge of S 6~ ~ shall be added to each installment remaininy unpa~d 7 days after its dve date, and ~ like sum shall be added to ea:h such installment remaining unpaid 7 days aftcr each succeeding Fayment date. ` Esch maker, surety and cndorser Fureof, jointly and severally, waives demand, p~esenlment protest and notice of protest {w ~onpayment, and further agrees to any extension of time of payment, either before w after maturity, without notice to any of us; and to pay all costs of collection, irxluding a reasonable attorney's. fee in the event of any default hereunder, and hereby severaUy waives aIl beneiit of homestead and exemption u~der the constitutan and laws of each State of the United State?, as against this obligation w any extension a renewal hereof. Witness fhe hand a~d xal of each party. . S/Lloyd T~ylor ISEAI) ~ . cs~?u S/Clotilde F. Ta~ylor ts~A~~ $22.20 ts~?~~ ; ( ) State Revenue ~ ~ NOW, THEREfORE, the MORTGAGOR fot the pu~pose of securing paymem of said sum of s ~~~8~• ~ and the performance of ths covenants and a9reements he~einafter exp~essed, and for divers good and valuable considrations, by these presents, does grant, bargafr~, sell, remise, release, tonvey and tonfirm unto the MORTGAGEE, its succeuo~s and assig~s, all that certain lot, piece w partel of land, sitvate, lying, and being in ths County of St Lueie and State of Ftorida, dewibed as follows: Lot 26, Block 79, 1.A~1n1QOD PARK, UNIT ~7, as per plat thereof on file ~ ~ . } recorded in Plat Book 11, page 13, in the public records of { St. Lucie County, Florida. ; ~ 2 i , ~ . i il 3 f ~ ~ ¢ ~ ? E . ~ oF f=LOR1U~ - ` w STA? STA~P T~_ C ~ DOCUM~NTA R6CEivED S~_J llO ""•-;•:~•;t oF TAxEs ~ ~ _ ~ - ouE or, cu:: . ~ _ Pr•.o~wr ~ = T ~ ' J j = RU61~2 q q O= PURSURNT 0 CiiA~•. 7.-)31. IYCiS OF 19/1. ~ G fr ~ ~ ~ V . ROf ER POITRAS I~ ~ ~E~?.~ ~ctE"~ - c~nc a~ut oouar. sr. ux~E ao~ Fu1, P.B.~vo~?t ~ ` rogether with all and singuiar the te~ements, F~c~editaments snd sppurtances thereumo belonging or in anywise appertsinl+g thereto, ~nd all rents, iuves, ; aroceeds ~nd p?ofin sccruirg and to accrue from said premius, sll of which are iocl~ded in the above snd fwegoing descripYron and habendum. TO HAVE AND TQ HOID the above deuribed and granted premises unto the said MORTGAGEE, its successors ar+d assigns forever. Md the s+id their h50RTGA R fw - heirs, executws, administntors a~d assigns, hereby coveosnb with the said MORTGAGEE, ib successo?i ~nd ~ssi~ns, rhat -t~~ are lawfully seized of the said prcm~ses in fee simple; th~t the s+me are free, ckar and dixharged from all lims u?d erKwo- b~ances in Iaw or in equity, an~ that~_ will and their ~ ~~..:h.i~ wurant s~d defend the title to the samt to the said < NtORTGAGEE, i~s sucteuws snd augns, ~orever against the lawful ciaims and demands of sll persons; ~ ~ ~ PROVIDED, AI~VAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note F~treinbefwe dewibed and shall truly, promptly ' `r and fulty pe~form, d~scMrge, execute, complete, compiy with and abide by esch and every the stipulations, agreerrKnts, conditions and covenants oi ssid ~ promissory note and of this Mortgage. then this Mortgage and the Estate hereby uested shall cease ~~d be null s~d void. ~ IT IS UNDERSTOOD that the word "Mortgsgor" whether in the :ingular w plural anywhere in this Mortgsge, sMll be singular if one only ~nd ; ~ . ihall f.e plvral jointly ar+d severally if more than one, and that the word "their" ss vsed snywhere in this Mortgsge sh~il be taken to mean "his; '"heri " ~ or "its;' wherever the context so emplies a admits. Also, that wherever thcre is a refe~ente in ti~e covenants snd ag~eements f~erein conuined to any of 4 rhe parties hereto, the same shall be construed to mean as well si the heirs, legsl representatives, successors and assigr?s (either voluMary by act of the _ parties or involunury by opaat'an of the !aw) of the same and that the covenants herein contairxd iMll bind •nd the benefits and advantages inure ~ +o the rapective heirs, legal representatives, successors and asrgm of the psrties hereto. ~ ~ And said Mortgsgors, fo• themselves and their heirs, legal represent~tives. ~uccessors and auigns, hereby jointly and sevenlly covenant and ~yree ~ fo and wifh the said MORTGAGEE, its svccessas +nd assigro: ; ~ ~ 1. To pay ~II and sirgul~r the principal and interest snd the,variwrs and sundry iums of money payable by virtve of taid promissory note, ~nd this 3 morrgsge, each and every, promptly on the days respectirely the same severatly bccane due. ; ~ 2. To pay all and singvlar the tsxes, +ssessmem~, tevies, lisbilities, obligafions and encumbranus of every r+ature and kind now on uid described ; prope?ty, a tAat hereafter m~y be imposed, wffe~ed, plated, kvied, or sssessed thereon, or that hereafter may be levied a assessed upon this Mort¢ i age, or tM indebtedness secured hereby, esch and every, when due snd payable, ~ccwdirg to law, befo~e they become delinquent, and befu~ any interest j ' artackes or any penalty is i~curred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PRON4PTLY SATISFIED AND DISCMARGED OF ~ RECOR~ AND THE ORIGIhAI OFfIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISfACT10N AAPER OFfIC1AllY ENDORSED < OR CERTIFIED) SHAII BE PLACE~ IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; and in the event that any thereof is ~ot ~ ~ ~a~d, saYSfied and diuharged sa'd MORTGAGEE may at any time pay the same a any pan thereof without wsiving or affecting any option, lien, eq~ity w f ~ •~~hr under w by vi~tue of this mortgage and thr fu~l amount of each and eve.y such payment shall be immediately due s~ psyable and shall bear iMerest ~ ~~om the date thereof until psid at rate of n~ne per centum per annum a~d togNher w~th suc~~'~~t~y~ ~ure~~j~e lien of th's morgtage. e :lJ~ ~1 , , - _ ~ ~ ~t z . j~ ~ ~ ~ ~