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THIS INDENTURE, Mads the 10th d~y a( Noveaber A.D. 19 72 betwaen
_ Robest Taylor, Sr. and Betty Ta~lori his Mife
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of St .~.11C l~, Co~nty Flwids, here~nafter deignared as the "MORTGAGOR," and FtR$T FEDFRAI SAVINGS AND LOAN
ASSOCIATtON OF FORi PIERCE, a corporar;on aQanized snd existin~ under ~he laws of ~M Unit~d Sbtos of Ame~ic+ ~~d Mvi~p its p~incipal plue of
busines~ in tM City of Fort Pierce, St. lucie County, ilaida, hereinaiter de~ignated ss tM "MORTGAGEE:'
WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the sum of S 9 s 500. ~ good and lawful money of the Un~ted
Srates advanced by the MORiGAGEE unto the MORTGAGpR, as evidenced by a cena~n promisswy note of even data Mr~with, of wh~ch the fotlowing in
words and f' ures ii a true copy, ~owit:
s 9~ SOd . ~0 ~ 10019044
- Fat P~~.~e, fiorida, November 10 ~9_~
iw value received, 1, we or e~ther of us, promiu to pay, without de{alcation, to the order of FlRSI FfDERAI SAYINGS ANO IOAN ASSOCIATION OF
FJRT PIERCE at fort Pierce, florida, the tum of j 9.~ S~Os w;th interest from date at the rate of~~°'.o per annum, in monthly install-
~~,e~~rs as foNows: S_ 97•~~~ on thr ~~th day of Januar~v ~973 snd a like sum on the caresponding day of esch month therr
atter until Ihe whote be (~I~y paid. •
Each ~nstallment iirst shall be appl~zd in payment of 1he interest and then on the unpaid balance of the princ~pal wm. (f defauh is made in the
Farment of any instailmem when due, and such default continues 30 days, then at fhs option af the holder, and without any other notice, all the remaining
~~stallments shall be due and payabte at once, Privilege is given to prepay lhif note in whole w in part at ~ny time withovt pe+~alty. Neither fwebear~~ce,
nor acceptartce by the holder thereof afrer any default in any paymenls hereon, shall be deemed eatension. A late payment cha{ge of j 4.85 , sAaU be
ad~ed to each insrallment remaining unpa;d 7 days after its due dare, and a like sum shall be added to each suth installment remsining uopaid 7 days after
each sutteeding paymeN tlate. i
Each maker, surety and endorser hereof, joinNy and severally, waives demand, ~esentment p~otest and notice of protesl fw nonpayment, and further ~
agrees fo any extension of time of payment, eithe~ before or after maturity, without not:ce to any of us; and to pay a!1 costs of colledion, includ~ng a =
re~sonable attomey's fee in tAe eveN of any defau:t hereunder, and her~by severally waivea all benefit of homestead and exemption under the constitufron '
a~~d laws of each State of the United States, as against this obligation w any extension a renewal hereof.
Witness ~he ha~d and seal or ea~h ~?~Y. s/ Rober t ia ylar ,$Z .
(SEAU
(SEAL)
s/ Bettv Tavlor ~U
1~4 . 25 ) stare Revenue ~U
(S~aw~t Nwodfe~ ~r:gbN1.MM)
NOW, THEREFORE, the MORTGAGOR fw fhe purpose of ucvrirg payment of said sum of = 9~50~•~~ , and fhe perfwmarxe of ths
covenants and agreements hereinafter expressed, and for divers good ar+d valuable considerations, by these presentt, does grant, bar9ain, sell, remix,
re~ease, convey and conffrm unto the MORiGAGEE, iK successo~s and assigns, all that ct~tain lot, piece or psrtel of land, situate, lying, e~d being in the
County of St. Lueie snd Stste of Florida, dewibed ~s follows:
~
Lot 7, Block 1, ?USKBGEB PARK, as per plat thereof on file in Plat
Book 8, Page 74, of the Public Records of St. I.ucie County, Florida
~ S ATE oF FLORiC?A 1
p ~ DOCUMENTARY Q,STAMP -Tt`.X-~
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~ PEPT.OT itfYENVE • -
s,- -
o=~= a~y t: t2 ~ ~ RECfJYED IN PAn~AExf OF TAxR
~ ~l1.25
o =11~42 ' ~ ON QJISS IMTANGIBIE PERSONIIL PROPER(Y,
_ PURSIJANT TO CFIAPTER 7t•134, ACTS OF 1971.
ROGER POITRAS ;
CLERK CIRqIIT COURT, ST. UlCIE C0~ i1A,
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fogether with all and singular the tenements, hereditameMS +nd appurtsnces thereunto belongir~q w in anywise sppertaining thereto, and ~It renri, issves, i
oroceeds and profits acauing and to accrue from said premises, all of whici~ are included in the above +nd fortyoing description and Mbendum. '
' TO HAYF AND 70 HOLD the above dexribed and ranted ~
g premiaes unto the said MORTGAGEE, iri suaessors and assiy~u forever. Md th~ taid t
MORTGAGOR fw heirs, executors, administrators snd auigns, he~eby covensnts with the ssid MORTGAGEE, its successors aad usgrn, ;
rnat - -Y---g_
tf16 dY _ ~awfully seized of the said premises in fee simple; that the ssme are free, ckar and discharged from all lier» ud tncv~ ~
brances in law or in equity, and that th p.}C will and thPi tr hein shall wa~raM snd defend the titk to the seme fo ihe taid ~
MORTGAGEE, its avccessws and assigns, forever against tf+e tawful ctaims and demands of atl persons; ~
i
PROYIDED, ALWAYS that if the MORTGAGOR shalt pay unro tFK MORiGAGEE 1he prom;uory note hereinbefore described and shall truly, promptly t
and fully perform, d~uharge, e:ecuse, complete, comply with and abide by each and every the stipvlations, sgreemenri, conditions sad covenann of ud
prom~ssory note and of this Mortgage, tlxn thii Mortgage and the Estate hereby ueated sMall ce~se and be rwN ~nd void.
IT IS UNDERSTOOD that the word "Mortgsgor" whether in the s~ngular w plural anywhere in this AAortgage, shsll be sinpulsr if one only and
shall be pl~ral joiMly and severatly if more than one, and that the word "their" ss used snywhere in fhis Mwtgsge shall be taken to mean "his;' "hen,"
or "its;' wherever tF~e context w implies or admifs_ Also, that wherever there is a reference in ttx covenants snd agreemenri herein contained ro any of
rhe parties hereto, the same shall be construed to mean as well ss tFx heirs, legal rspresent~tives, succeuon snd auigru (either voluntary by ~ct of the
parties or invotuntary by operat'an of the law) of the same and that the cmrenants herein co~tained shsll bind snd the benefiri and advantsges invrt
ro the respective heirs, legal representatives, succeuors and su~gns of the paelies hereto.
And ssid hSwtgagors, for themsetves and their hein, legal rep?euntatives, successors and auiyns, he~eby joimly and severally covenint and aqree
ro and with the ssid MORTGAGEE, its successor: and sssigns:
1. To pay all end singular the principal sr+d interest snd the variovs and sundry wms of mo~ey payabk by vinve of ~aid promissory ~ofe, and thi~
mortgage, esch +nd every, promptly on the days respectively the same severaNy become due.
T. To pay all ~nd si~gular rhe taxes, uussmenr~, levies, liabilifies, obligstions ~nd encumb~snces of every natwe ~nd kiod now on sa;d described
property, p that hereaftet may be imposed, iuffered, pl~ted, levied, or assessed thereon, a fhat hereafter may be levied or assessed vpon fhis Mat¢
age, w the indebtedness secured hereby, esch and every, when due and p~yabte, ~ccadirg to law, befors tMey become delinquent, ~nd belore ~ny intapt
attaches or any penalty is incuried; AND INSOFAR A$ ANY THEREOf IS OF RKOR~ TME SAME SHAIt BE PROMPTLY SATISfIEO AND DISCHARGED Of
RECORD AND THE ORIGlNAI OFFICIAI ~OCUMENT ISUCH AS, FOR INSTANCE, THE TAX RECEIPT OR 7HE SATISFAC110N PAPER OffiClAllY ENDORSE~
OR CERTIf1E0) SHAtt Bf PLACED fN THE HAMDS OF SAID MOR7GAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT; and in the event that a~y thereo( is not
pa~d, sat'sfied and dixharged sa:d MORTGAGEE may at any time pay the same w any part thereof without waiving or sffeding ~ny option, lien, equity p
•~qht u~de? or by vir~ve of this mortgage and the full amount of each and every iuch payment shall be immediately due and payable and shall beu interest
~~om t?~e date thereof until paid at rate of nine per centum per annum ~nd toye{per~,w ~nterest sh~.+W ured by the lien of th:s mwgtaqe-
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