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HomeMy WebLinkAbout1097 ~ i IWV•~ . • THIS INDENTURE. N4d~ t?+. 16. day of Auatlst. . A.D. 19_72~ betw~en Lloyd Taylor and Clotilde F. Taylor, ~i! w.ife ~ . of St • j..llC~@ Cq~~~y F~p;d~, he~einaftK desig~iated as ths "MORTGAGOR," and FIRST FEOERAL SAVINGS AND IOAN ASSpCIATION OF fORT PIERCE, a corporation uq~ni:ed and exii~inp under tM Isws of ths Unitcd $tat~s of America and h~vin~ it~ principal plst~ of busin~ss i~ th~ City of For1 Pi~rp, St, lucis Cout+ry, Florid~, her~inafte~ de~iynated as IM "MORIGAGEE:' WHEREAS 1M MORTGAGOR is juitly indeb~ed to the MORTGAGEE in the sum of = 15 s~~ , good u+d I~wful money of the Unlted j States adranced by ths MORTGAGEE unto ths MORiGAGOR, as •videnced by a certain promiuory note of even date herewilb, of which the followirq i~ words aod figuroi ii a true copY. towih s is i~oo .o0 3-ia , 6so ~ fat Pierce, fluida, Au9~1St 16. ~p~, Fw ~a~ve ~eceived• we or ei~Ac~ o/ vs, p~omise fo pay, without defalcation, to the orde~ of FlRSi fEDfRAI SAVlNGS AND LOAN ASSOCIATION OF fORi PIfRCE at Fon Pierce, Flwida, the svm ot =15 with interest irom date at the rate of 7• 5' 9~, pe~ +nnum, in mw~thly inslall- ~~en?s as follows: =129 p~ ZSt day of ~ecenbez ~~q 72 a like sum on the cwrespond;ng day of oach month there- after until tAe whole be fully paid. Exh installment iirst shall be appl;ed in payment of ths interest and ~hen on the unpaid balance of the principal wm. If d ault is made in the payme~t of any installment when due, and suth default com~nuei 3p da~s, then at ~he option of the holder, and without any othcr notice, all the remaining ~nsqllments shall be due and payable at once. Privilege is given to propay th~, note in whole or in pan at any time withouf penalty. Neithet forebearance, nor acceptance by the holde? thereof after any default in any payments hcreon, shall be dremed extension. A late paymrnt charge of = 6.45_, thdl be added to each insta~tmeot remaining vnpa;d 7 days afta itt due datt, and a tike sum shall be added to each such installment remaining unpaid 7 days after each succeeding payment date. Each maker, su~ety and endwser hHeof, jointly a~d severslly, waives demand, preuntment protest a~ notice of p~otest for nonpayrr~nt, and fuhher agrees to any extension of time of payment, either before w afre~ maturity, without notice to any of us; and to pay all costs of collectian, irxludinq a rea:onable attaney i fee in tF~e event of any default he~eunde~, ar+d hereby severally waives all beneiit of homestead and exemption under Ihe constitution and laws of each State of the United States, as against this obl~gaYwn or any extenaio~ o~ renewa( hereof_ Witness the hand and seal of esch party. ISEwq _ s/Llovd Taylor ~Ai~ cs~?u ~ $23.85 ~ ~/Clotilde R. Tavler ~U ~ State Reve~w E~~*P~ <+w~el~.ow ~i~iw~l. woN~ ~ NOW, 1HEREFORE, the MORTGAGOR fw the purpose of securing payment of said sum of = 1S ~900.~0 ~ u~d the per{aman~Q of the ~ covenants and agreements hereinafter expreued, and fw divers good and vatu~ble tonsiderations, by thex presents, do~s g~am, barg~in, sett, remise, releau, convey and confirm unto the INORTGAGfE, iri tuccessori and as~igns, a!1 that crrtain bt, piece or pircel of land, situate, lying, and being in ths Covnty of - $t. L~1C1@ ,~nd State of flor~da, dcscri6ed ~s follows: South of Lots 1& 2, B2ock "I", HARMONY HEIGHTS ADDITION~ i according to the plat thereof recorded in Plat Book 8, ~ Page 38, Public records of St. Lucie County, Rlorida, ~ i ~ STATE ~F FLORIUA ; t~ D~GUMEidTAp" STAi~IP TQ X - , Z s~~ ~ ~ = au~arn ~ ' ~ 2 3 8 5 ` . o = ~ = _ ~ c. N V o[ar.oFttrECUE~.•..~_._------= q~yEp ~ P~.19oi~i - OUE OM CIASS'C INTAH6IBLE+PE:tA~,r.~~ p~ ~ P11RSlM4rIT TO C1IAPTER 71-134. ACiS pF 1911. ROfER POIZRAS jl~~ . C1~RK CIRqJR COURT, ST. U1C~E 00, ~ ~ , togethtr with all snd singular the tenements, her~taments snd sppurtsntes therew+to belonging w in ~nywise appertsining thereb, and all ren», iss~es, proceeds snd prof;ts ~cvuing and to ~cvue from said premises, sll of which are included in the ~bove and foreyany desvipYwn ~nd habendvm. ~ TO FiNVE AND TO HOLD the above dewibed and pranted premises vnto the said MpRTGAGEE, its wocesson and aui~ns forever. Md tFr said ~ t~l@ 1 Z MOR7GACaOR for heirs, executon, administrators and suigns, hereby toven~~b with the said MORTGAGEE, iri s~xcessors and usipm, rnat - they are ~awtun se~:ea of tne said y premiies in fe~ simple; that the ssme ~rs fra~, ckar and dischsryed from all liim and ancum~ brances in law w in equity, and th~+ they wiU and t~fE'ir hein thsll wa~rant and defcnd the titlt to the samt to tM ssid MORTGAGEE, its sucussors snd auigns, forever ~gairnt tM tawful claims and dem~nds of all pertons; PROViOE~, ALWAYS thst if the MORiGAGOR ~halt pay unto the MORTCAGFE tF~e proenisswy note he?tinbefwt destribed ~nd shall truly, promptly . and fully perform, dischsrge, e:ecute, compkte, comply with and abide by each and every the stipulaYwns, agreements, conditions ~nd coveMnn of said ? promissory note and of tha Mortgage, then this Mortyage and the Estate hereby veated sh~ll cease and be nuli and wid. IT IS UNDERSTOOp tMt the wwd 'Mwtps~or' whether in the singula~ or plu~sl u+ywhere in this 1Nort~ape, shall be sinpulu if one only and shsll be plvra) 'pintly snd sever~lly if more tMn ons, and tMt the word "their" ss used anywhere in this Mwt9age shall be taken to mea~ "hb;• „he~s„ w"its;' whereva the context w implies w adm;ts. Also, thst wherevet there is a refcrerxe in tl~e covensnn and sgreemenri herein oont~i~sd to any of rMe p~nies hereto, tFrc same ahall be construed to mean as well as tF~e heirs, legsl represent~tives, succeswn and sssgin (eithe? wluntary by act of tl~e parties or involumary by opcwtion of tlx law) of the sart~e snd that the covenanq herein contained shall bind uid the benefih and adwnts~q inun ' to the respective heirs, legal representatives, successas u~d su°yns of fhe p~nies hcreto. , > And said Ntongagors, fw themselves snd their hsirs, legal rep?esentatives, avccesson and au' ru, here ; ~Q by jointly ~nd severally cwenant ~nd a9r~e ro and with ths uid MORIGAGEE, in s~rccessors ~nd auigro: 1. To pay all ~nd si~gular the p~incipsl ~nd inrerest ~nd the vsrio~s and sundry sums of ma~eY paYable by virtue of said promissory note. and this ` mort~aye, e+ch and every, promptly o~ tht days re~pectivety ~he same sevenlfy become dve. ~ 2. To pay ~(I and sirgula~ tlx taxes. ~ssessmrnd. Isvies, liabilities, ebligatam and e~cumbnnces of every nstw~ and kind-~ow on said described ~ Property, p that hereaft~r may be imposed. suffered. Placcd, levied, o~ euessed thereoo, w tMt hereafta may b~ lev~ed w assessed upon this i age, a tFw indebtedness secvred hereby, exh and every, when due and payabk. accordirg to I~w, before tF~ey become detinque~t. ~nd befw~ u+y int~n attaches a any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTIY SATISFIED ANO DISCHARGED OF RECORp AND THE ORIGINAI OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR TME SATISFACTION PAPER OFfICtAILY ENDORSE~ OR CERTfFIEO) SHA[l Bf PUCED tN THE HANDS OF SAiD A4pRTGAGEE WITHIN iEN DAYS NFXT AFTfR VAYMENT; and in the erent that sny thereof is not ~ paid, sat:sfied and discharged ss:d MORTGAGEE may ~t any time pay the same ot any part thereof without w~iving ot affecti~g sny option, liM, equity a ? •iqht unde? a by virtue of this mortgage and the full amount of eacl? and every such paymeM shsll be immediately due and payable snd shdl bea~ infsrqt ~ ~rom the date thereof until piid at rste of nine per centum pe~ annum and t~p ~ch i~ter st shalj_be secured by the lien of th:s mor~ta9e. 1 gooK Y~~~~Ug7 _ ~ ~ _ - - - -_~k ~ z,o- . ~ :r ~ . ~ - _ -