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Home My WebLink About2989 24'7804 ~ THiS INDENTURE. Mad~ th. stb day of Februarv . A.D. 19_~~ be?ween _ Liovd Yavlor and C~otilde F. ?avloY, his wite _ of - $t • 1.11~1@ ~ Cp~nty Fla~ds, hereinaftcr des'gnated as the "M~RTGAGOR," and FIRST fEDERAI SAVINGS ANp IOAN ASSOCIATtON OF FORT PIERCE, a corpaation organi:ed and exiiting under Ihe laws of the Unitt~d Stafos of Ame~ica and having in principal place of busineu i~ the City oi Fort Pierce, St. Lucie County, Ffwida, hereinafter de:ignared as ths "MORTGAGfE." WHEREAS the MORTGAGpR is jus~ly ;ndehted to the MORIGAGEE in the sum of = 19 +6~~ ~ , good and lawful money of the Un;~ed Siates advanced by ihe MORTGAuEE unto the MuRTGAGOR, as evidencad by a certa~n p~omissory note of even date herew~th, of wh~ch the following in word~ and figures i: a uue copy, to-wit: s 19 ~600. 00 r,~, 10019383 Fort Pierce, flaida, February S 19 73 Fw value received, 1, we w either of us, promiu to pay, without defa!carion, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at Fort Pierce. Florida, the sum of s 19 ~ 6~ _ with intereat (rom date a1 the rate of 7• s°~o per a~num, in monthly install- ~ menta as follows: S 1~•~ on the 1 Oth day of ~'y 1973 and a like sum on tAe cwrespond~ng day ot ea~h month therr af~2r until ~he who?e be fully paid. Each i~staitment first shatl be applizd in payment of the interett and fhen on the unpaid balance ot the princ~pal sum. ~ If default is made in the ~~ayment of any instaliment when due, and such default continues 30 days, lhen at !he option of the ho~der, and without any othtr notite, all the remai~ing :nseallments shall be due and payab!e at on;e. Privilege is given to prepay this note in whote or in part at any time without penalty, Ne+rher forebea~ante, ~ ~ nor acceptance by the holder thereof after any defau(f in any payments he~eo~, shalt be deemed extension. A late payment ci+arge of s~-, shsll be ~ added to each instaflment remaining unpa~d 7 days after its due date, and a i~ke sum sha11 be added ro each such installmeN remaining unpaid 7 days affer each sutceeding paymenf date. ~ Eath make~, surery and endorser hereof, jo~nily and severally, waives demand, presentment protest and notice of protest fw rwrtpayment, and furfher ~ agrees fo any extension of t;me of payment, either before w after maturity, without notice to any of us; and ro pay all costs of collection, intlud;ng a , reasonable attorney's iee in the event of any defauit hereunder. and hereby severally waivea all benefit of homestead and exemptian under the constitution 3~~d laws of each State of the United Srates, as againsf this obligati ~or any extension or renewa! hereof_ ~ Witness the hand and seal of each party. ' s/ Lloy~d ?aylox (SEAL) h- s/ Ciotilde F. Yavlor (SEAL) (SEAL) ` 2 9. 40 t State Re~enue ~~U K+.~wp~ <wweil~~w ~iaiwe~ wae? NOW, THEREFORE, the MORTGAGOR for the purpose of seturing payment of said sum of j 19,600~~ and the pe~formance of ths covenants and agreeme~ts hereinafter expressed, and for divers good and vatuable co~siderations, 6y these piesents, dces grsnt, bargain, selt, remise, ~ reEease, convey and confirm unto the MORTGAGEE, its succeswrs and assig~z, ell that certain lot, piece or parcel of land, situate, lying, and being in the County of St • LuC ie and State of Florida, dewibed ~s follows: L.ot 2, S~ N Subdivision, as per plat thereof on file in Plat Book 16, Page 8, of the Public Records of St. Lucie County, ' . Florida ~ ~ . - C~R~Op;i OR jAMP iAX j ; ~ ~ r?~r~~ i ` ~ { Pt. ~ ~E~E~ . : _ ~ 4 O ~ RlCEIVED = ~ C~ fN PAYMENT OF T~ ~ r- ~ = fEl1 @~~.~ ~ DUE ON •C INTANGIBLE PERSON~. PRppERlY 'w ~~1~Oi PURStIANT TO CHAPiER 71-134. ACTS OF 1971. ~ ' • ° RO(iER POITltAC /7l~ ~ ~X C1RCU11 COURi, Sf. WCIE Cp.. Fl~ l/ ~ ~ rogether with all and singular the te~ements, hereditaments and appurtanccs thereunto belonging or in anywiu appertaining thereto, ~nd all rentt, issues, t proceeds a~d profits accruing and to accrue from said p?cmises, all of which are included in the above and foregang destription snd habendum. ; TO HAVE AND TO HOID the above described and granted prem~us unto the said MORTGAGEE, its iuccessort and assgru faever. And fM said tbeir h10RTGAGOR fa heirs, e:ecutors, administrators and assigns, hereby covenants with the said MORTGAGEE, its sutcestws and ~ssi9ro, the are rhat - -x Iawfully xized of tl~e said premises in fee simple; that the same sre free, clear and dischsrged from •II (iens snd entum- ; brances in law w in equity, and that they W~~~ a~ their heirs shall warrant ar+d defend the fitte to the same to the uid MORTGAGEE, it: successors and ass;gns, fwever against the lawful claims and demands of all persons; ~ PROVIDED, ALWAYS that if the MORTGAGOR shall pay u~to the MORTGAGEE the promisiory note hereinbefwe dewibed and sh~ll truly, promptly ; and fully perform, d;scharge, execute, complete, comply with and a6ide by each and eve?y the stipulalio~s, agreements, conditions s~d tovenantf of said promisswy note and of this Mortgage, then this Mortgage and the Estate hereby created shall cesse and be null a~d void. ~ !T !5 UNDERSTOQD tha~ the word "Mortgagor" whether in the singular a plural anywhere in this 1Nortgage, shall be singular if one only and shall be plural jointly and severally if more than one, and that the wad "thei?" as used anywhere in this Mortgage shsll be taken to mean "hif;' "heri" or "its;' wherever the conteat to impties or admits. Alw, that wherevea there is a reference in the covenanrs and agreementi herein contained to +ny of the parties hereto, the tame ~hall be construed to mesn as well as the heirs, legal representatives, successors and asigns (either voluntary by act of the = parties o? involuntary by operation of the law) of the same and Ihat the covenants herein contained shalt bind and ~he benefits and advantapef inure ro the respeaive heirs, legal representatives, s~ccessors and ass~gns of the pa?ties hereto. And said Nlortgagors, for themselves and their heirs, legal representatives, successors and auigns, hereby jointly and uveral?y coven~nt snd agree ro and with the said MORTGAGEE, its succeswrs and assigns: _ 1. To pay all and singular the principal and interest and the various and sundry sums of money payable by virtue of said promisswy note, and this mortgage, each snd every, promptly on the days respetlively the same severally become dve. 2. To pay all and singular the taxes, assessments, levies, liabilities, obligations and encumbrances of every nsture and kind raw on said dexribed property, a that hereafter may be imposed, suffered, ptaced, levied, w assessed thereon, w thst hereafter may be tevied or assetsed upon ihis Mortg- age, w the indebtedness ucu~ed hereby, eath and every, wAen due and payable, accwding to law, befwe they txcome delinquent, ~nd before •ny iMerest ar~aches a any penalty is incurred; AND INSOfAR AS ANY THEREOf IS OF RKORD THE SAME SHAII BE PROMPTLY SATISf~EO AND DISCHARGED OF RECORD AND TNE ORiGIhAI OffICIAI DOCUMENT (SUCH A5, FOR INSTAfVCE, TNE TAX RfCElP7 OR THE SA7lSFACiION PAPER OfFIC1AtlY ENDORSED OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NFXT AFTER PAYMENT; and in the event that any thereof is no~ pa~d, sat'sfied and discharged sa:d MORTGAGEE may at any time pay the same or any part thereof without waiving or sffecting an~ option, lien, equity or •~~ht under or by virtue of this mongage and the full amount of each and every such payment shall be immediately due and psyable and shall besr interest ~rom the date thereof until paid at rate of n~ae per ~entum per annum and together w~th ~iuc~ i r t~{hall be cy~ b the fien of th's morgtaye, G~l:•~, f.r~U ~CF~i1~ . ` ~ ~ . ,