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Home My WebLink About2189 ~4~234 TH(5 INOENTURE, N4d~ th~ lst ~,y ,f _ Rabruary A.D. 19~ b.~W.«, l.loyd Taylor and Ciotiid~ R. Taylor, his wife of St •~IiC~f Cpy~~y Flwida, hertinaftN designared ~s tFk "MORTGAGOR;' ~nd FIRST FEDERAL SAVIf~GS AND IOAN ASSpC1ATiON OF FORi PIERC:, ~ corpaation w~~nizad ~nd existinp unda ths Isws ot ths Ur+itfd Sr~tts of /lmaica and Mvinp its pr'uxipal pl~c~ of buiines~ In tM CFfy of Fwt Piac~, St. luci~ County, florida, her~inafter d~si9nafs~ +s tM "MORTGAGEE." WHEREAS tM MORTGAGOR is jwtly ind~bted ro tFN MORTGAGEE in ths sum of S~ t S~•~ yood ~nd lawiul money of the United State~ advanced by 1M MORTGAGEE uMO the MORTGAGOR, ~s svidenced by a certa~n promiuory ~ate oi even date herewith, of which Ihe followirp in ~ words and fiywss is a tru~ topY. towil: s 8 N,10019368 Fwt Piercs. Fio.~d., February 2 19 73 ~ Fw value rcceivcd, 1, we w eithe~ of us, promise to pay, without defalcat~o~, to the order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF 4 fORT PIERCE at Forf Picrce, Flwida, the sum of s 8~5~•~ w~th interest Gom date at the rate of 7•7~ per annum, in monthly instaN- ~nrnts ~s follows: S 7O• ~ on the i~h day of ~r~ , 19 73 and a like s~m on the correspond~ny day of each moroh the~r aftcr v~til the whole ~e fully psid. Each insqllment firit shall be applied in payment of the i~te~est and then o~ the unpaid bata~ce of the pri~upal sum. (f defwlt is made In ths payment of any instaliment when due, ar.d such default co~tinues 30 daya, then at 11?e opt~on of the ho{der, and without any othe~ notice, all the remairting - instal(menfa shall be due and payabte at once. Privileye » givcn to prepay this note in whole w in p~rt ~1 any time without penalty, heithe~ forebearante, ~ nor acceptance by the latder thereof after sny default in any psyments hereon, shall be deemed extension. A late payment charge of S 3-! -.5O shall bs y r.dded to each installmen~ remaining unpa~d 7 days sfter ifs due date, and a like sum shall be added to each such insta{lment remaining ~~paid 7 days afte~ ; each sutcaeding p~yment date. Esch maker, surety and enduser hereof, joiNly and severally, waives demand, presentment protest and notice of protest fw nonpayment, snd further agrees to any extension of time of payment, either before w after maturiy, without ~otice to any of ~s; a~d to pay all cosis of collection, inc(ud~ny • reasonabie attorney's iee in il~e evN~i ot any ck:.`au!t ~:rrr,;n-,;+~r, a^~ hereby sev.~rRy w.;v.~ alt 6enefit of homestesd and e:emption under the conatitutiw~ a:,d laws of each State of the United States, as against this obligation a any eatens~on o~ renewal hereof. Witness the ha~d a~d seal of each party. s/ LIoXd Taylor (sEaU ~ ~ ts~?U ~ Clotilde F. Taylor ~u ~ $12 .75 ~ state Revenue «U LStaalp{ 1a~isWd.ow~ri~i~eL woW) NOW, THEREFORE, the MORTGAGOR fw the purpox of secvring paymeM oi said sum of s 8+5~•0O a~d the performar~ce of th~ # covenants and aQreements he~einafter expressed, snd fw divers good ~nd v~luable considerations, by these preunts, does g~~~t, barqsi~, sell, ~emiie, ~ r~!ease, ~nvey and confirm unto the MORTGAGEE, iri successors and aue9ns, all that certain lot, piete or partel of land, situata, tying, and being in fhe Couny of St . Lt1C 1! , and State of Flo•ida, dexribed ~s folbws: ~ e i S ~ ~ Lot 11, Block 1, RBPIAT OF PALM GARDSNS, as per plat thereof = : i recozded in Pla~ Book 12, Page 42, of the Public Records of ; 3 St. Lncie County, Florida ' i ~ ~ t ~ ~ o~ F~--~RP~`a~ ; p, ~ ~ ~1 A R6CEIVED ' `r ~ Q`M~N ARY - { ~N PAYMEBlT OF TIU(Et ~ DUE ON CLASS •C' INTANGIBLE PEttSp?i~l Pqp~Rn, = p ~ tw pF RE~~'- 7,, T~ ~ PURSUANT TO CHAPTER 71-134, ACTS Of 1a71. C : c'' = : f~a-5'11 • R06Eit PO(TRAS ~I~ ; ~c ~ CLEIiI CIRpIIT COl1R1, S~. WCIE 00., fLl~ ~ p ~ ~I102 iw 0 •ogether wi~h all and singul~r the tenements, hereditamenri and appurtances thereunto belonginp w in ~nywise appertaining thereto, and al! renri, iuves, ; p~oceeds and profib accruing •nd to aa~ue from uid premises, all of which are irxluded in the above and foregoiny dewiption ~nd habendum. TO HAVE AND TO HOl the ~bove described and ~~nted p~emises unto the said MORiGAGEE, itt successors and ~ssipro forever. Md th~ s~id ° MORTGAGOR for t~@~Y - he;n, executon, administrarws ar+d auigns, hereby cowenants w+th the said MORTGAGFE, i» successors and assiy% ; rhat the~aure Iawfulty xized of the wid premises in fee simplr, that tha ssms sia free, tkar ~nd discharyed from ~II lieru and enc~m- ; tZ1Q Y ' bronces in iaw w in equiry, and that wi!! and t~l@lr hein ahall warrant and ckfend the title to ths sam~ to ths wid MORTGAGEE, it~ successws snd suig~s, forever ~gainst the Iawfuf claims and dem~nds of all persons; PROVIDEO, ALWAYS that if the MORTGAGOR shall psy umo the MORTGAGEE the promiswry note hereinbefore desvibed and shs11 truty, promptly < and fu{Iy perfwm, diuha~ge, execute, compkte, comply with and ab~de by each snd every the stipulations, agreements, co~ditiaa and covenanri of taid . promiffWy nore s~d of ~his Mwtgsge, ~hen rhis Mortgage and the Estate hereby veared shatl cease snd be null and void. ' l IT IS UNDERSTOOp ti+it tFro word "Mort9~gw" whether in the singulsr or plural anywhere in this Mortgaye, shall be si~yulu if one only and shall !e plural jointly and severally if more tMn o~e, and that the word "Iheir" as used anywhere i~ tha Mo~tpage shall bs tiken to me~n "h'a,•• "Mn•• cr "iri," wherever the context w implies a admits. Alw, that whereve~ there is s reference in the covenanri and syreements herein coMained to ~ny of rhe p~nies hereto, the urrw shall be construed to me~n u well ss tM heirs, Iegal rspresentstivq, successon and augra (either volunbry by scf of tM s parties or involuntary by operation of rhe !aw) of the same snd that the covenants herein conta~ned ihall bind ~nd the benefin and advant~yes inur~ +o the respective heirs, leyal representatives, successors and au'gos of tF±e p~rties hereto. Md uid JNortgsgors, for themulves snd their heirs, Itpal rcp~esent+tives, succeuors and suigns, hereby jointly and sevNally coven~nt and a9ree ~o and with the said MORtGAGEf, its successors and augns: l. To pay all and sinQula~ the pr7nc;pal ind interest and the vsrious ~nd sundry sums of money p~yable by virtve of said promissory rate, and thit ' m.ortgaye, each and every, prompNy on the dayi respectively the same sev~ratfy beccme due. ? 2. To p~y all and sir?yular the 1a:es, as~essments, tevies, tiabilities, obliguions snd et+cvmbrancd of every nsture ~nd kind now on said deycribed - property, or tMt hereafte~ msy be imposed, svffered, placed, leried, a~sseued the?eon, w tlwt hereafta msy be levied w ass~ued ~pon this i age, or 1M ind~btedneu secured hereby, esch and every, wF+en due and p~yable. actordinp to I~w, befo~~ they betome delinqueM, a~d befw~ any int~e~it attaches or any penalty is incurred; AND INSOFAR AS ANY THEREOf IS Of RfCORO THE SAMf SHAII 8f PROINpTtY SATISflED AND D15CHARGEO OF RECORD AND THE ORIGINAL OFFICIAI DOCUlVIENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY EN~ORSED OR CERTIFIED) SMAII BE PIACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER P~iYJMENT; snd in the event tFwt any thereof is rwt paid, sat'sfied and dixharged sa:d MpRTGAGEE may at any time pay the same or any part thereof withovl waiviny o? affecting ~ny option, lie?i, eqviry or ~~qht u~der or by vinue of this mo~tgage and t!x full amount of each and evcry such payment shall be immediately due a~d payable ~nd thall bear interest ~.om the date thereof tmtil paid at rate of n~ne per centum per artnum and togeth~r with such interest shatl t~'ie`n~f~h~mQtytaQl. fl~~~ r ~ ~.7 - ; ~ ~ . . _ ~ ~ ~ _ . .