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Home My WebLink About2693 ~~1;~81 t~ THIS INOENTURE. Mad~ tFx 27th day of October ; A.D. 19 72- betw~al Lloyd 2~ylor and C1Qtilde R Tavlox~ his nite ' of St. t'~1Ci@ Cp~nty Florids, h!?einafte~ dssig~ated is ths "N10RTGAGQRi" and ffRST FfDfRAI SAVIMGS AND IOAN ASSOCtAT10N OF FORT PIERGE, a corpwat~on organi:ed and existing unde~ the Iaws of ihe Unitcd Statp of Mxric~ and Mvinp itf prirxipal plac~ of busineu i~ tM City of Fort Pierce, St. Lvcis County, Florida, hereinaite~ detipnitad u tM "MORTGAGEE." WHEREAS tM MORTGAGOR ii ju~tly indebted ro the MORTGAGEE in the sum of s 15+4~•~ _ good and lawfvl money of tF+e Un+ted Srates advanced by the MORfGAGEE unto the MORTGAGOR, as evidenced by e certa~n promisso~y oote of even date herewitb, of wh~ch the followin9 in words snd figures is a trve copy, to-wil: s 15,400.00 H, 10018999 Fort Pieres. Ftwida. ~Lober 27 ~y ~2 Fw value received, 1, we or either of us, prom~se to pay, withoul deiatcation, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at fo~t Pierce, Fbrida, the sum of S lsi4~`~ with inferest f~om date at the ?ate ofT_..e~_°k per annum, in mo~thly instsll- ments as totlows: S 11'4.~ on the day of Februa,~,v , ~9~~ nd a like sum oe the cares da of each month there- a pondins y afrer until the whole be fully paid. Each installment lirst shall be applied in payment of the interest and then o~ the unpaid balsnce of the princ~pal sum. If d aulf is msde in fhe payment of any i~stallmenl when due, and such default continves 30 day~, then ai tFx optisn of the holder, and without any other ~otice, all the rew~aining ~ns?altments shall be due and payable at once. Privilege is given to prepay this note in whole w in part al any time without penalty. Neither forebean~ce, nor acceplance by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payment tharge of = 5' 7O , th~ll be added to each installmrnt remain~ng unpa~d 7 days after its d~e date, and a like sum shall be added to each such instatlment remaining vnpaid ) days after each succeeding paymem date. Each maker, surety and endorser hereof, jointly a~d severally, waives demand, presentment protest and nolice of pro:est fw nonpayment, and further agrees to any extension of time of payment, either before or after maturity, without notice to any of us; and fo pay all tosts of coileaion, including a reasonable atrorney's fee in rhe event of any default hereunder, and hercby severally waives all benefit of homestead and exemptia? under the constitution and laws of each State of the unlted S~ates, as against this obligation a any exte~sion or renewal hereof. Witnesa the i?and and seal of each party. s~ L~ ~rd T~.yclor es~Au (s~?t) (SE/?U s/ Clotilde F. ?aylor 2 3•~~ j State Revenue (snrtnpr-aeRetRd-a~ratgtnal t?ore~- NOW, THfREFORf, the MORTGAGOR fw the purpose of securing payme~t of said sum of s 15 ~ 4Q~ snd the pcrformarxe Of the covenants and agreements hereinafter expressed, and fw divers good and valuable co~s~derationa, by these presenti, does grant, bargain, setl, remise, re{ease, convey aod co~firm unto the MORTGAGEE, its successors and auigns, sll that ce~tain bf, piece w pa~cel of Iand, situate, lying, and being in ths County of $t • L~C ie and State of Florida, dexribed as followi: L,ot 9, Block 53, LpKBWOOp PpRK , Unit No. 5, as per plat thereof oa tile in P1at Book 11, Page S, Public Records, of St. Lucie Coun:y, Rlorida • IN PAYMENi Of T~ r !?:'A~:^IBtE PERSUNAL. P~O~n~ ~ ~ ~ , + : ~-134. ACTS OF 1~ MlRSUANT TO C! R(;br4 POIiRAS ` ~ -~-~p,-~-E oF FLORIDA ~ DOCUMENTARY S1a~ ~ t=~ ; CI~K CI~IT ~RT~ sT. t1lGtE C0. ° DEPT.OF REVENUE q Q. I ~J I ~c e~' _ ~ NUY-~'12 ' ~ G ~i ~ o - P.0. ! ~t,~., _,..F ~ T~ = ~ no2 ~ OF 0 GIB Pc:^+SONAL PROPERTI. ~ TO " ' - ~F 19I1. Ct t.. L: _ _ . . . together with sll ard singuls? tFx tenements, hcreditaments and sppunances thereunto belonging w in anywise appertainirg thereto, ~nd ~il renb, iuue~, proceeds and p?ofiri accruing and fo acuue from said premises, all of which are inc(uded 'en the above snd fwegoirg dewipYwn and Fwbendum. I~ TO HAVE AND TO HOID the above desvibed and ranted g prem;ses unto the ssid MORTGAGEE, its successors u~d auiyns foreva. And th~ ~aid MORTGA R for t~ heirs, executon, administrators and suigns, hereby covenants with the ssid MORTGAGEE, its suttesson and ~uipM, , ~hat ~ey aIe - tawfully sei:ed of the wid premises in fee simple; tMt the s~me are free, dear and dixharged from dl lieea ~nd encurt~ brantes i~ law or in equity, and thst t~~~! will and thQlr heirs shall warranf ~~d defend the title fo 1M s+mt to th~ s~id MORTGAGEE, its successws and auigns, foreve~ sgainst the lawful claims snd dem~nds of all perso~s; PROVIDED, AIWAYS that if the MORTGAGOR shatl pay unto the MORTGAGEE fhe promiswry rate he?einbefwt dsscribed and shall tr~ly, promptly and fully perform, diuharge, execufe, compkte, comply with and sbide by each and every the :tipul~tions, sqreements, conditions snd cove~nri of said promissory note and of this Mortgage, t1~e~ this Mortgsge and the Estate hereby ueated shall cease ~nd be rwit and void. IT IS UNDERSTOOD thst tF~e wwd "Mwtgagor" whcther in the singutar or plvral anywhere i~ this Mortgage, shall be ainyula~ if on~ only snd shall be plural joimly end sevenlly if more tMn wis, and that the wad "their" ~s used anywhe?e in this Mortyape shall be t~ken to mean "his,'• ••hen,'• or "iri;' wherever the context so implies or admits. Also, that wherever there is s reference in the covenanri and agreemenri herein contained to any oi the parties hereto, the same shslf be construed to mea~ as well as the hairs, legal rep~esent~tives, wccesson and auigr» (either voluntary by act of th~ parties or involuntsry by operation of 1he law) of the same snd that the covenants herein contained shsll bind and the benefits and advantayes inur~ to the respective heirs, legal representatives, successws and au~gns of the parties hereto. And said Mutgsgon, fw themselves and their hein, tepal ~epresentativet, successon and auiyn~, he~eby jointly ind severally covenant and ayree ro and with the said MORTGAGEE, its successors and assigns: 1. To psy all and iirgular the principal •nd imerest and the various ar~ wndry sums of money pay~blt by virtue of said p?omissory note, a~d this mortgage, each ~nd every, promptly on the days respectively the same severally become due. 2. To pay all and singvlar the ts:es. asusunents, levies, iiibilities, obliyations and eocumb~ntes of every n~turo and kind now on safd d~suibed propeity, or th~t hereafter may be ;mposed, suffereA, placed, levied, or asseued tlxreon, or thst hereafter msy be levied w usessed upon this Mort¢ aye, w th~ ind~btedness secwed hereby. exh and every, when due and pay~ble, accordirg to taw, befo~e they become deli~rpuent, and befwe am Intaaf attaches or iny penalry is +nturred; AND 1NSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROMPTIY SATISFIED AND DISCHARGED OF RECORD AND TNE ORIGINAL OFfICIAI OOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfICIAILY ENDORSED OR CERTIFIED) SNAII BE PLACED IN THE HANOS Of SAtO AAORTGAGEE WITHIN 1EN DAYS NEX? /1F1ER PAYMENT; and in the event that any ihereof is not pa~d, ssYsfied ~nd discharged sa:d MORTGAGEE may st any time pay the same o~ any part thereof witla~rt waivi~g or affectinp any optio~, lien, equity p •~qM u~de~ or by virtue of this mortgage and the Full amount of each and every wch paymeM sball be immediately due and payabk ~nd shall bear interat <<om the date thereof unfil paid at rate of nine per centum per annum ~nd together with sucj~ iq~~er t hall be secured by the lien of th:s moryts9e. ~oc~ ~~7 r.+~~~~~i ~ ~ ~ `~t ~ - .iy~~{~ Yy~~