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Home My WebLink About1101 A ` f~~~~ TNIS INDENTURE, Mad~ the ~?t'h day o( Au~St• ~ N,p, tq - batwee~ ~ Lloyd Taylor and Clotilde F. Ta~vlor, his Fr3.fe of St• I+11C16 County flotida, herair?~(te~ dt~igneted ss the "MORTGAGOR;' and FIRST FEDERAL SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE. • corpontion wg+ni:ed and exi~tiny u~der Ihe laws of ths U~ited Sutas of Ame~ica and havinp its principa) place of butineu tn tM Ciy of fort Pi~ru, St. luci~ Co~nty, Florids, hersin~fter de~iyn~ted ~s tM "MORTGAGEE." WHEREAS tM MORTGAGOR is justly indebted to the MORTGAGEE ie? the ~um of = ~ 5•~~• ~ Qood and lawfuf monay o~ the Un~ted States advanced by ths MORTGAGEE unto ths MORTGAGOR, as evidenced by a certain promiuory nole of even date herewith, of wh:ch the fcllowiny in ~ wwds and fi9urst is a trw copy. to-wit: :~.K.o0o.00 ~-16,685 Fort Pierc~. Flwida. A11~LlSti ~~~_19~_ Fo~ value received, I, we or either of us, promise to pay, without dehlcation, to lhe order of fIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF' ~ FORT PIERCE a1 Fort Pierce, Flwida, the sum of S ~ " w~th interest irom date at the rate of • 96 per annum, in monthly ins~all- rr~en~s as iollows: i ~ 21 on the ~s~ day of Deeember ~9~~ and a like sum on the correspo~d~np day of each month there- ~ after until the whole be fully pa~d. Eath installment fir~t shall be applied in payment of the inferest +nd then on the unpaid balance of the principal sum. If d aulf is made in the payment of any installment when due, and such default continues 30 day~, then at 1he option of the holder, and without any other notice, all the remaining * ~~,srallments shall be due and payabk at once. Privilege is given to prep+y fhis nofe in whole or i~ part at any tima without penalty. Neithcr forebea~snte, : nw ~cceptance by the holder thereof atter any defs~lt in any payments hereon, shal~ be deemed extcnsion. A late payment charge of =6~ sh~ll be added lo each instal~ment remaining unpa~d 7 days after its due date, snd ~ tike sum shall be added to each such installment remainir?g unpaid 7 days after each s~cceeding payment date. : Each maker, surety and endase? hereof, jointly and uverslly, waives dcmand, prexMment protest and notice of protest fw nonpayrrront, and furlFxr ~ agrecs to any extension of time of paymcnt, either before or after maturity, without notice to any of us; and to pay all costs of collection, includ~np s reasonable attorney i fee in the' event of any def~vlt htreunder, and hereby severally waives atl bcnefit of homestead and exemption under the tonstitution ~ and laws of exh State of the United States, as against this obligation or any extension w renewat hereof_ ~ Witness the hand and iral of each party_ S/Llovd T~lor ~nq ~ cse~?~) ~ti S/Cloti?de F. Taylor ~ i NCe,` l~'W ~ ( $22. ) Sate Reven~e t NOW, THEREfORE, the MORTGAGOR fw the pu?pose of securing p~ymcnt of said sum of = ~~~~0• , ar+d the performsnce of the coven~NS and agreemenb hereinafter expressed, and for divers good and wfuable cons~derations, by these presents, does grant, bupain, sell, remise, releax, convey and confirm unto the MORTGAGEE, ib successors and ~uigns, all that tertain lot, piete w pucel of land, situata, (ying, and being in ths Couney of Lueie and State of Florida, described as tollowi: Lot 17, Block 1, of CORTEZ ESTATES~ as recorded in Plat Book 5, page 38, public records of St. Lucie County, Florida. l ~ ~ STAT~~FFLORIi3A ~ o ~ DOClB~F.i~ITA~" S7AMP TAX - ~ o _ IIUG21'72 _''d~n~'. ~ N t~ - ~ - yr22.7~~ PB. ~ot~ ~~.r~"'~ _ v~ ~ 1N PAYMEIiT OF TAXF; ~ DtJE ON CIASS'C INTANGtBLE PERSONAL PROPEpn~ PURSUANi TO CFIAPTER 71-134, A..^TS Of 19IL ROGER POlTRAS ~ ~ ~ qFRK CIRGJR COURT, ST, lUClf C0, FlA r E togetl+er with sIl and sing~lsr tF+e tenements, heredit~ments and appwtances thereunto belonging w in anywise appert~ininp thereto. ~nd all rents, issves. proceeds ~nd profiri stauing and to +ccrue from ssid premises, sll of which are included in the above and fweyoir+y d~scription and h~bendum. ' TO HAVE AND TO HOlO the above described and gr~nted premises unta th~ said MORTGAGEE, its successors and sssipns forever- Md th~ aid MORTGAGOR fw their ~~;n, executors, administratws +nd suigrts, hereby cover+anb with the said MORTGAGEE, ib successors and sasipro, rhst they are ~w{ully ieized of the said premis~s in fee simple; that the sams are free, ckar and dischatged from sll liens and ~ncum~ brantes in law or in equity, and thst they W~~~ their ~~n w~rrsnt and defend the title to the sam~ to th~ said MORTGAGEE, its successors snd assigns, (wever ay+~nst the lawful cl~ims +nd dem~nds of all perwro; ~ PROVIDED, ALWAYS thst if the MORTGAGOR shall promistory note hereinbefwe desuibed and shall frul , t ~ p~y unto the AhORTGAGEE the Y W~p N and fully pe~form, d~scharge, execute, compkte, comply with snd ab~de by each and every the stipulations, agreemen», conditions and covenann of said ~ promissory rate and of this Mort9age, then this Mortgsye snd the Estate hereby veat~d shsll cease and be null ~nd void. ~ IT IS UNDERSTOOD thst the word "Mort9agor" whether i~ iF~e singvlar w plvral a~ywF+ere in this Mwtgaye, shall be sinyular if a~e only and shall be p~ur~l jointly and seve?ally if more tMn ons. +nd that the wad "their" ss used anywhere in this Mwt9sye sMll be take~ to mean "his:• •'hers•• ~ or "iti;' whcrever the context so implies a admiri. Al~o, thst whereva there is a reterente in ths tovenanri snd agreemenh herein oontained to ~ny of the parti~ei hereto, the sams sh+ll be construed to mcsn as welt as the heir~, le~al representatives, successon snd usi9ra (either volumary by act of tM parY~es w involunt~ry by operstion of the law) of the same and that the covenants Fxrein contained shall bind and the benefiq snd sdv~ntsyp inur~ to the respective heirs, ley+l represematives, succeuors snd su'~ns of the parties hereto. Md ssid Mortgs9on, fa themselvss and their hein, iegal reprcsentativq, wcceswn and assipin, hereby joiMly and severally cwenant ~nd ayree ~ +o and with the said MORTGAGEE, its successors snd assgns: 1. To pay ~II ~nd sinpular the principal a~d interest a~+d the wriovs and sundry suma of ma~ey payabte by virtue of ssid promissory not~, snd this mort9aye, each ~nd every, promptly on th~ days respectively the s~me seve~ally become due. 2. To pay all u~d sirgular the a:a, assessmenb, kvies, lisbilities, obligateons and encwnfxances of every nature and kind now on said d~aciibed ~ Properry, or that hereshe~ may be impo~ed, wfferod, placed, levied, a suessed thereon, or that hereafter may be kvied or assesud upon this Matp- sge, or tFw indebtedness secvred I+ereby, each and every, when due ~nd payabk, accwdinp to law, before they become delirque~?t, and befw~ any imaest : , a»aches a any pen~lty is incurred; AND INSOFAR AS ANY THEREOf IS Of RKORD 7HE SAME SHAII SE PROMPTLY SATISFIED ANO DISCHARGED OF ~ ~ RECORD AND THE ORIGINAI OFFI~IAI OOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PMER OFFICIAIIY ENDORSED OR CERTIFtED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AfTER PAYMENT; snd in rhe event that any thereof is not ~ paid, sst"sfied and diuharged sa:d MORTGAGEE may at any time p~y the same w any part thereof without w~iving w affettiny ~ny optiw~, lien, eq~iry or ~sqht under or by virtue of this mortgsge snd the full smount of each and every such psyment shsll be immediately dve and payabk and shall bear infacst + ~•om the date thereof until paid st rate of nine per ce~t~m per annum and together w~th such imere~t ~al r~' red by (j~~1~+~ th:s mwytaye. ~ ~ BOOi( ~~VJ PACE1 0 ~ ~ ' . - - h~ } A?t ~•~~"Jr~~~~. ~ ~ . <