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Home My WebLink About2691 2~~~80 ~ THIS INDENTURE, Msde the 27th day of ~tO~eY~ A.D. 19 72 between Lloyd ?aylor and C1otildQ R. Tay~or, his wfte o{ $t t T..ltCl@ , ~p~~ty Fiwid~, hereinafter designated +s the '"MORTt'iAGOR," and FIRST FEUERAL SAy1NG5 AND IOAN ASSOCIATION OF FORi PtfRCf, a co~porar~on orga~ized and existin9 unde~ the laws of the United Sfa~~s of Americs and having iti principal pl~ce of business i~ the Ciy of Fort Pitrce, St_ Lucie County. Florida, hereinaiter dtsignated as tM "MORTGAGEE:' WHEREAS the MORTGAGOR is justly i~deb~ed to the MORTGAGEE in the sum of = 15 i4~~ ~ good end lawful money ot the Un+ted Srates advanced by the MORTGAGEE unto the MORiGAGOR, as evidenced by a certain promissay note of even date herewith, of wh~ch the followiny ln words and fig~res is a true copy, to-wit: s 15,400.00 ~_10018996_ Fwt Pieres. Florida. ~CtOb@1 iZ7 ~9 7Z' For value received, I, we w ei~her of us, promiu to pay, without defafcafion, to the order of fIRSi FEOERAL SAYINGS AND IOAN ASSOCIATION OF FORT PIERCE at Fwt Pierce, Fbrida, the sum ot 515~400~~ with interest (rom date at the rate of pe+ annum, in montF.ly i~stall- me~rs as fottows: S 1~4.AtL t+M _l.s_t_ dar afRebruary , ~9- 7~ and e like sum on the cwresponding day of each month therr after until the whole be fully paid_ Each installment first shall be applied in payment af the interest and then on ~he unpaid balance ot the p~inc~pal sum. If d ault is made in tha E,ayment of any installmeM when due, and such de(aull continues 30 days, then at the option of the holder, and without any other ~otite, all the remaining ;~~stallments shall be due and payable at once. Privilege is given to p~epay this note in whole or in part at any time without penalty. Neither fwebearar?ce, nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed eatensio~. A late payment charge of S~-~s~. shatl be added to each installment remaining unpa~d 7 days afte~ its dup date, and a like sum shall be added to each such insrallment remaining unpaid 7 days after each succeedirig payment date. Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest fw nonpayment, and fu~thei agrees to any extension of time of payment, either before w after maturity, without reotice to any of us; and to pay all costa of collection, including a reasonable attorney's fee in the event of any default hereunder, and hereby seve~ally waives all be~efit of homestead and exemption u~der the constitution and laws of each Statc of the United States, as against this obligation or any eztension or renewal hereof. ' Witness the hand and seal of each party. ~ ' a/ LloJ~,d T~3Gl.or esen~~ (SEAy s/ Clotilde F~ Taylor R~,~~ $23.10 ) State Revenue ~U c s~.mp. ~an..wJ.o..c.iSi..L.ol~' NOW, THEREFORE, the MORTGAGOR for the pu~pose of securing payment of said sum of S 15~'4~.~ _ and the performance of iM covenants a~d agreements he?einafter expressed, and for d~vers 9ood and valuab~e considerations, by tlxu presents, does grant, ~n.yain, sell, remise, release, convey and tonfirm unto the MORTGAGEE, its successors and auigns, all that certain bi, pieu or parcel of lsnd, situate, lying, and being in 1F~e County of St. Lue ie and State of Florida, dexribed ~s iollows: Lot 8, Block 53, LAKBf~?OD PARK~ UNI2 5, as per plat thereof on file in Plat Book 11, Page 5, of the Pubiic RecoYds of St. Lucie County, Florida > M STATE aF FLORtDA ~ oz DOCUMENIARY,~:,;;:~STAMP T~.x j ° pEPT. UF REYENUE i • ~ M ~ ° P.e. ' nJY -0 12 • : ~ 2 3. ~ O ' ~J. IK PAYMDfi OF 1~ o = ~iro2 ~~:...s~ ' WE ON CtATS ~C' INTANGIBLE PE'-St~',al PinPERir~ ryjRSUMIT TO G111PTER 71-134. A.^•SS Of ly)1~~~ ' ROGER POIiRIIC ' (XE16( CIRWI~ ~RT, Si. WC~E 00. ~ ~ ~ f ~ogether with all snd singular the tenements, heredifaments and sppurtances thereunto belonging or in anywiie appertainirg thereto, and aft renri, iuues, ~ proceeds and profits accruing and to accrue from said premises, all of which ere included in the above and fwegoiny dewiption ~nd h~bendum. ' TO HAVE AND TO HOt~ the above described and granted p?emises unto tbe said MORTGAGEE, its tuccessors ~nd ~ssiyna fueva. Md th~ taid their j MORTGAGOR for heirs, e:ecutors, administraiors and sssigns, hereby tovenants with the said MORTGAGEE, iri wtce~sors ~nd u~ipM, rhat they- dYe--- lawfull seized of ihe ssid ~ y premises in fee simple; tMt the same ~re free, clear and diuhar~ed from sll liens and enc~m- brances in law a in equity, and that will snd their hein ihall warrant and defend the title to the samt to th~ pW MORTGAGEE, its successors and suigns, forever againtt the lawful claims and demandt of ~II perwrq; PAOVIDED, AlWAYS that if the MORTGAGOR shal( pay unto the MORTCsAGfE the promistwy note be~einbefore dexrib~d and ~hall trufy, prompt~y and fu!!y pe~form, diuharge, execute, complete, comply with snd abide by esch and every the stipulations, sgreemenri, conditian ~nd toven~nts of said p~omissory note snd of this Mortgage, then this Mortgage and the Estate hereby aeated shall u~se and be null snd void. IT IS UNDERSTOOD that the wwd "Mortgsgor" whether in the singu{ar or plurol anywhere in this Mwtgsgs, shall be si~ular if ons only ~nd shaH be plurel jointly and severally if more than one, and that the wwd "their" as osed ~nywhere in this Mortyage thsll be taken to me~n "ha; •••htn or "its;' wherever t1~e context so implies or admits. Alw, that whe?ever there is a reference in ths covenanta ~~d agreements f~erein contained to any of the partiei hereto, the tame shal( be construed to mesn as well as the hein, le~a! npresentatives, suctessors and augm (ei~her voluntary by ~c1 of tF» ~rties or involun?ary by operaYan of the law) of the same snd that the covenants :xrein contained shall bind and the benefiri and sdvantspes inurt ro the respective heirs, legel representatives, svccessws and au'g~s of the parties hereto. ' And said Mortgagors, for themulves and their heirs, legat representatives, wccesson ~nd aaigns, hereby jointly and severslly coven~nt and yree ; ~o and with the said MORTGAGEE, its successon and a~signs: 1. To pay all and singular the principal and interest and the variovs snd sundry wms of money pay~ble by virtue of said promistory note, and this mortgsye, each and every, promptly on the days respectively the same uverally become due. 2. To pay all and ungular the taxes, asseuments, levia, tiabilities, obligstions and encvmbrancei of every natwe and kirxl now on said dtwibed prope~ty, p that t~ereafter may be imposed, suffered, plxed, kvied, w astessed thereon, a that hereafte~ msy be kvi~d q usessed upon this Mort¢ age, w the indebtedne:s secured hereby, each and every, wher~ due and payable, accwdinp to law, before they lxcom~ delinquent, and b~fore ~ny inte~eit attaches w any penalty is incur~ed; ANt) INSOFAR AS AlvY TNEREOF IS OF RKORD THE SAME SHAII 8E PROMPTIY SATISfIED AND DISCHARGED OF RECORD AND TNE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, FOR IiVSTANCE, THE TAX RECEtPT OR THE SATISfACT10N PAPER OFFICIALIY EN~ORSED ~ OR CERTIFIED) SNAII BE PLACED IN THE HANDS OF SAID MORTGAGEf WITHtN TEN DAYS NfXT AFTER PAYMENI; and in the event that any thereof is not paid, sat"stied and dixharged sa:d MORTGAGEE may at any time pay the same a any parf thereof without waivi~g or affectiny any optan, lien, equity or •~qht under or by virtue of this mortgage and the full amo~nt of each and every wch payment shall be immediatety dve and payablt and shsll bear inte~eit ! ~~om the date thereot untit paid at rate of nine per centum per annum and together with suc ~ ntDere~o 11 be secured by the lien of th:s moryt~e. ~ "~'i~ / <<;rt ~~~9 ~ : , v " ~~.s.~~ ~ '~-"~-~a._-..,;_ .