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Home My WebLink About1551 z~o~zo t~ , . . ~ THIS INDENTURE, Made the 8th day of September A.D. 19 72 batwee^ l.loyd Taylor and Clotilde F. Tavlor~ his wife . • ` of St . Luc ie County ito~ida, hcreinaiter desig~ated as the "MORTGAGOR." a~d fIRST FEDERAI SAVING$ AND IOAN ASSOCIATION OF iORT PIERCE, a corporat~on organized and existing under the laws oi the Unlted Sta~as of America and having iri principal place of bus~ness in the City oi Fort P~erce, St. tucie County, Florida, hereinaiter deignated ai the "MORiGAGEE:' ' WHEREAS the MORTGAGOR is justly indebted ~o the MORTGAGEE in the sum of S 14a--2~•~ 9ood and lawiul money of the Un;ted ~ STates advanced by the 1.10RiGAGEE unto the MORTGAGOR, as eviJenced by a certain promissory note of even date herew~tF~, of wh~ch the foilowing in ~ words and iigores is a t~ue copy, to-w~t: iQ0188O9 ~ f 14 , 200 . 00 ` ~ ' Fort Pierce, Flwlda, September 8~ 19 72 ~ Fw value received, t, we or either of us, prom~se to pay, without defatcarion, to the orde~ of FfRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF ~ORT PIERCE at Fort P~erce, Ftotida, the sum of S-- 141?~~'~ with inrerest from date at the rate of 7~ 5 °.o per annum, in monthly install- ~nanrs as fol!ows: S-__115•~0- ~ i~ lSt day of Januarv 19?~_ and a like sum on the cwreaponding day of each moNh there- a~rer until the whote be fully paid. Each insrall~nent first shall be appl~~d in pay~nent of the inrerest and ~hen o~ the unpa~d balance of the princ:pal sum. If d ault is made in the ~a~ment of any instattment wfien due, and such defa~lt tominues 30 days, ~hen at the option of the holder, and without any other nat~ce, all the remaining ,~~s~altments shail be due ar.d payable at once. Privi~ege is given to prepay this note in whole or in part at any time without penatty. Neither forebearance, ` nor acceptance by the holder thereof after any defa~tt in any payments hereon. shall be deemed exrension. A late payment charge of S-'-r~-!75-. shall be added to each installment remaining unpa~d 7 days after its due date, and a like sum shall be addrd to each such installment remaining unpaid 7 days after zach succeeding payment da!e. Each maker, surety and endorser hereof, jointty and severally, wa~ves demand, presentrnenr protest a~d notice of protest ior nonpay~nent, and fu~ther agrees to any extens~o~ of hn;e of payment, ei~her before or after matunty, without not~ce to any of us; and to pay all costs of collect~on, induding a ' reasonable attorneys fee in the event of any defauit herei~nder, and hereby seve.ally waives aIl benrfit o( homestead and exemption under the constitufion ,nd laws of each Srate of the United Srates. as aga~nst this obligation w any eatens~on or re~ewal hereof. ' Witness the hand and seal ot each party. S/L.loyd Taylor (SEAI) (SEAU S~C ZOt 11C~e F• Taylor (SEAL) ~ (SEAII ~ 21 .30 ~ State Re~enue NOJV, THEREFORE, the MORTGAGOR for the pu~pose of securing payment of said sum oi S 14`~2~~~ and the performance of the covenants and agreements hereinafter expressed, and fw divers good a~d valuable conside~atio~s, by these presents, does grant, bargain, sell. remise, \ r~~lease, convey and confirm unto the MORTGAGEE, its successors and assigns, all that certain lot, piece or parcel of ~and, situate, lying, and being in the County of ~t ~l~~e and State of Fbrida, desuibed as follows: Begin at the Northeast corner of NE 4 of SE 4 of SW 4 of Section 19~ Tawnship 35 South, Range 40 East; thence South 505 feet; thence West 247.125 feet to point of beginning; thence continue West 9.4.125 feet; thence North 106 feet; thence East 94.125 feet; thence South 106 feet to point of beginning. I I 'l ~ m STATE aF FLO R~ O~. ~ ~g PAYME!iT OF T~XB ~ or OOCUMENtARY~,~ STA MP i A Y ~ RECENF~ ~ DEPT_ OF jtEYfNUE ~ C' INiANGIBIE DE'S~•~al P°OPERIY~ i i N = ~ . ; ~ ~ ~ ~ ~ ~ _ ~2 = Z 1. 3 0~ pu~wt m ct+~wrER ~i.i~. ACTS OF 19)l. ~,l~ ~ ° - aosat ~atw?s ~ _ ~o~' ~`.,r l ~ dFflK CIRCWT Ca1RT, Si. tJJCIE 00., itA k rogether with all and singular fhe tenemenis, Fureditaments and appurlances thertunto belonging w in anywiu appertaining thereto, and all rentt, issues, proceeds and profits accruing a~d to accrue from said premises, all of which are included in the above end foregang desuiption and habendum. TO HAVE AND TO HOLD the above described and granted premises unto the said MORTGAGEE, its successor~ snd sssigns forever. Md the said their ~ MORTGA~O R fw he~r:, executors, administrators and assigns, hereby covenants with the tsid MORTGAGEE, its sutcessors and suigns, ihar - they are lawfully seized of the said prcmiui in fee simple; that the same are free, clear and dixharged from •II liens and encum- ~ brances in Iaw or in equity, and that they will and their hei?s shall warrant and defend the title to the same to the said ~ MORTvAGEE, its successors and assigns, forever against the lawful claims and demands of all persons; ~ PROVIDED, ALWAYS that if Ihe MORIGAGOR shall pay unto the MORTGAGEE the promissory rate hereinbefore described s~d shall truly, promptly ~s and fully perform, discharge, execute, comp~ete, comply with and abide by each and every ihe stipulations, agreements, conditions and covenants of ~aid ~ promissory note and of this Nbrtgage, then this Mortgage and the Estate hereby created shall cesse and be null and void. ~ IT IS UNDERSTOOD thal the word "Mortgagor" whether in the singular w plural snywhere in this Nbrtgsge, fhall be singular if ork only and s~~.' shall be plural jointly and severally if more than one, and that the wwd "their" as used anywhere in this Mortgsge sF~all be taken to mean "his;' "hen;' ~~a or "its," whe~ever the context w implies or admits. Alw, that wherevcr there is a referente in the tovenants and agreementi herein coMained to ~ny of ~ fhe part~es hereto, the same shall be construed to mean ss well as the heirs, legal representativei, successas and sssigns (either voluntary by atl of the ~ parties or involuntary by operatan of the law) of the same and that the covenants herein contained shsll bind and the benefits and advantages inure ro the respective heirs, legal representatives, successors and ais~gns of the parties hereto. And said Mortgagors, for themseives and their heirs, legal representatives, successors and assigns, hereby jointly and severally coven~nt and syree ro and with the said MORTGAGEE, as successors and assigns: ~ 1. To pay all and singular the printipal and interest and the various and sundry sums of money payable by virtue of said promissoty note, and this mortgsge, esch and every, promptly on the days respectively the same severelly become due. 2. To pay all and singufar the taxes, assessments, levies, Iiabilities, obligations and encumbrsnces of every nature and kind now on said dewibed property, or that hereafter may be imposed, suffered, placed, levied, or assesud thereon, w that hereafter may be levied w assessed upon this Mwty- age, or tAe indebtedness secured hereby, each and every, when due and payable, eccwding to law, before they become delinquent, and before sny interest arraches w any penalty is inc~rred; AND INSOFAR ONY THEREOF IS OF RKORU THE SAME SHAII BE PROMPTLY SATISFtED ANO OISCHARGEO OF RECORU AND iHE ORIG~tVAI OFfIC1Al DOGUMEI,T (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACiION PAPER OFFIGIALIY ENDORSED OR CERTIf1ED) SHALL BE PLACED IN THE HANOS )F SA~D MORIGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not pa~d, saYSfied and discharged sa'd MORTGAGEE r~ay at any time pay ti~e same w any pan thereof without waiving or affecting any option, lien, equity or .~qht under w by virtue of this mo.igage and the full amount of each a~d every such payment shall be immediately due and payable and shall bear inte~eat ~rom the date the?eof un~~l pa~d at rare of ~~~e per centum per annum and together w~th such interest sha s y the lien of th's morgtage. r ~ ~J J1 ~ocx Paci . _ _ ~ ~:-y ~ ~ _ ~ _ .