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Home My WebLink About2991 . . 2~~8os ~ THIS INDENTURE, Mads the 9 t h day of Feb r ua r y A.D. 19 7 3 between L oy ay or an o i Q. ay or~ is w e of St . Luc ie ~py~ty Flaids, hereinafter deignated ss thQ "MORTGAGOR," and FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, • corporation organized and exist~ng unda~ the laws oi the United Statos of America a~d haviny iti principai place of busi~eu in ths City of fat Piacs, St. lucie County, Florida, he~einafrer de:ignated as ~hs "MORTGAGEE." WHEREAS the MOQTGACAR is justly i~dabted to ths MORiGAGEE in the sum of ; 4 ~ , good and lawful money of the Un+tcd Siates advanced by the MORiGAGEE unto the MORTGAGOR, as evidenced by a cer~am promiuory note of even date herewith, of wh~ch the following in words and figure~ is a ~~ue copy, to-wit: S 4,000•00 ~ 10019410 Fort Pierce, Florida, FebYUa=y 9 ~y 73 for value rece+ved, I, we w either of us, promise to pay, without defalca~ion, to the order of FIRST FEDERAL 54VINGS ANO IOAN ASSOCIATION OF fORT PIERCE at Fort Pierce, Flo~ide, the sum of s 4:~~•~ ~ w~tF~ interest Irom date at tha rate of? •75;o pe: annum, ~n monlhly install- ;~rnts as follows: S 60•~ - on thel~th day of ~rCh 19 73 and a like sum o~ 1he correspood~ng day of each month there- a'ttet umil ~he whole be fully paid. Each instatlment first shall be applied in payment of the interest and then on tbe unpa~d balance of the princ~pa) sum. If default is made i~ the ~eiment of any inatallment when due, and such default continues 30 days, then at the option of the holder, and without any othei notice, all the remaining !mrallmeMS shail be due and payzble at once. Privilege is given to prepay this no~e in whole or in part at any time without penalty. Neither forebearante, nor acceptance by the hotder thereof after any default in any payments hereon, shaN be deemed extension. A lare payment charge of S 3•0O, shall be ~d~ed to each installment rema+ning unpa~d 7 days after its due da1e, an~ a like sum shall be added to each such installment remaining unpe~d 7 days after each succeeding payment date. Each maker, surety and enderser hereof, jointly and severally, waives demand, presentmenr protest and notice of p~oteat foi nonpaymrnt, and furthtr agrees to any extension of r;me of payment, either before w after maturity, without notice to any of us; and to pay alt costs of collection, includ~ng a reesonable atrorney's fee in the event of any default hereundrr, and he~eby severally waives all benefit of homestead and exemption under the constifution a:d lawa of each S~ate oi the Unired $tates, as against this obtigation w any extens~on w renewal hereof. Wirness the ha~d and eea! of each party. s/ Lloyd Taylor ~~Ai~ (SEAt) s Clotilde R. Taylor (SEAI) ( ~ 6 • ~ ) State Rtve~ue ~~U ~axacpt~a~M~t~xa~wcx~~x NOW, THEREFORE, the MORTGAGOR for the purpoae of securing psyment of said sum of = 4 f~0 ~ and the performance of tha covenants and agreements he~einafter expressed, and ior divers good and vatuable considerations, by these pres=nts, does grant, bargain, sell, rem~se, release, convey and confirm unto the MORTGAGEE, its successors and assigr,s, alI tha~ ceriain lot, piece or parcel of land, situate, (ying, and being in the ~ County of St . LUC iQ ~ and State of Flwida, described as follows: Lot 11, Block 2, BUNCNE PARK, as per plat thereof on file in Plat ~ Book 10, Page 18, of the Public Records of St. Lucie County, Florida ' ~ . ' r 0 ~~O A~ 1 ~ ~tA i ~ ° S p;A ~ ' ~ ' ~ ~ ~ ~ ~ ~ .r EPt.a . - - ~ ~s~ *c ~ ~.'r R~EIVED ° ^ p ~11~ IN PAYMETVT OF TAX~; ' DEJF a` CtASS •C INTANGIBIE PER' ~ PUWSUANT TO CNAPJFR ~~.2~ ~fi,ll Pqp.~~ry, ; ACTS Of 19)l. ~ ROGER PoITRAS ` ~lER'K CIRf,t11T COURt, Si. LUCIE ~p, Fu i ' fogether with all and singula? the tenements, hereditaments and appvrtances thereunto belonging or in snywise sppe?taining thereto, end all rents, issuea, ~ c~oceeds and profits accruing and to accrue from said premises, all of which are included i~ tht sbove and fwegoing deuripYan and habendum. s TO HAVE AND TO 110LD the above described and granted prem~sei unto the said MORTGAGEE, its successors and assigns forever. Md the said ' !.10RTGAGOR fa -~1L----- heirs, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, its suttesaors ~nd sssign~, rhat Iawfutly seized of the said prem~ses in fee simple; that the same are iree, c(ear and dixharged from al! lien~ and tncum- brances in law or in equ~ty, and sbat thev vvill and their heirs shall werrant a~d defend the title fo the same to the said ?+!ORIGAGEf, it~ svtcessws and assigns, forever against the lawful claims and dem~nds of all persons; PROYIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGFE the promiswry note hereinbefore dexribed and shall truly, promptly and fully perform, disci~arge, e~ecute, complete, comply with and abide by each and every the stipulstions, agreements, conditions and covenant~ of said i promisswy note and o( this Mortgage, then this Mortgage and the Estate hereby created shall ceste snd be null and void. !T IS UNDERSTOOD that the word "Mortgagor" whether in tFk s~ngular or plural anywhere in this Mortgage, thall be singulsr if one only end ; shall be plural joiMly and severally if more than one, and that the word "their" as used snywhere in this Mortgage shatl be bken to mean °his;' "hen," or "fts;' wherever the context so implies or admits. Al~o, tha? wherevq? there is • reference in the tovenants and sgreements herein contained to any of rhe parties hereto, the ssme shall be construed to mean as well as the heirs, legal rep~eu~tatives, successors and assigns (either voluntary by act of the oarties or involuntary by operation of tFx law) of the aame and that the covenants herein contained shall birx! and ?he benefits and advanr~gq inure fo the respective hei?s, legal rcpresentatives, successws and ass~qns of the part~es hereto. ' And said Mortgsgors, fw themselves and their heirs, legal representatives, successors snd assigns, hereby jointly and severally cove~ant and agree ro and with the said MORTGAGEE, its successors and assigns: 1. To pay all snd singulsr the principal and ireterest and the various and s~~dry sums of money payable by ~"rrtue of uid promissory note, and this mortgage, each snd every, promptly on the days respectively tbe same severally become due. i 2. To pay all and sing~lar the tazes, assessmentt, levies, liabilities, obligations snd enc~mbrsr?ces of every nsture and kind now on said dexribed property, or that hereafter may be impoted, suffered, placed, lewied, or assessed thereon, or tF?at hereafler may be levied w assessed vpon the~ Mortg- age, w the indebtedness secured he~eby, eacA and evny, wF~en due and payable, according to law, befae they become delinquent, •nd before ~ny interest attaches w any penally is incurrcd; AND INSOFAR AS ANY THEREOF IS OF RECORp THE SAME SHAII 8E PROMPTLY SATISFIEO AND DISCHARGEO Of RECORU AND THE ORIG1hAl OFFtUAI OOCUMENT (St1CH AS, FOR INSTANCE, 7HE TAX RECEIPT OR iHE SATISFACTION PAPER OFFICIAIIY ENOORSED OR CERTIFIED) SNAII BE PlACEO IN THE HANUS Of SAiD MORTGAGEE WITHIN TEN DAYS NEXT AF7ER PAYMENT; and i~ the event that any thereof is not I pald, sat'sfied and discharged sa'd MORTGAGEE may at any time pay the same or a~y part the~eof wifhoul waiving or affetring any option, liert, ~quity or •~ahf under or by virtue of this mortgage and the full amount of each and every such payment shall be immediately due and payable a++d shall besr interest j~om the date thereol until pa~d at rate of nine pe~ cen~~m per annum and together w~th iuch inter alt~ ured by li f th:s morgt~9e. ~ ~ ~1~ PAGf . - _