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Home My WebLink About0942 i~ 248395 ' ?HIS INGENTURE, Made rne_. 31st ~Y of Janua ry A.p. ~q,~73 ~rwK,~ *lichael• C. Taylor ~nd JuditTt ~Taylor, is wife _ of ~t _Lucie ~p~~~y flor~da, tKreinafter c~cs~nated as tha "MOfifGAGOR," and FIR;:T fEDERAL SPVINGS ANO IOAN ASSOCIATION OF FORT PIERCE, a corporal:on aganized and existing under rhe lawt of t!?e United S1atr of Ama~ica and having iri principat place of busi~tss in tM Ciry oi Fort Piacs, S~. luc~e Cou~ty. Florlda, here~na~~er des~gna~ed as rhs "MORTGAGEE." V.'HERfAS tM M RiGAGqR is juitiy irxlebted to tha MORTGAGEE in the sum of S 25 good and lawiul mon~y oi the Un~~ad S~ates aownced by the MORTGAGEE ~nto ~Fw MORTGAGOR, as evidrncc~ by a ceriam prom~ssory oo~e of evcn date here~i~h, of wh~ch the foilow~ng io wads and figures is a rrve copy, to-wit: :25,U00.00 ~ 10019359 Fo.~ P~~«e, Fiwida, ~anuary 31, far value receivrd, we o~ e~th~r of us, pr.x*~ix to y, withoa~t defaic~f;un, ra the ordx of FIRST FEDERAI SAVINGS ANU IOAN A3SOCIATI(1V Of ` 25 O(~O 00 FOPT PIERCE al Fort Pierte. Florida, the sum of S- ~ w:th ~nterest from date at the rate of SOe per annum, in n+oMhly i:s~al}- meors as foltows: S 185•0~ on the lOthday of .~~y 19_-73 and a Gke sum o~ the c«respond~rg day of each nwnth there- afttr un!i! the wkc~r be (ul~y p3;d. ~ Each insrallment f'ust shall be app!ic~! in payment of ~f~e interest and then on ttx v~paid lwlance of the p~inc~pal svm: If def.•vlt is made in the ' payment of any installrnent when due, artd such default continues 30 days, then a1 the option of the hotder, and without ar~y otFwr notece, all ~he remaining - ~nstallments shall be due and payable at once. Privilcge is g~ven to prepay this note in whole w in pa:t at any t~me wifhout Fenalty. ksither faebearante, , ncv acceptance by the holdr? thereof afte~ any default eo any payments hercon, shall t.~ deemc~ extan~ion. A taie payment charge of S 9'2 S shatl be ~ added to each instatlmerit rrmaining unpa~d 7 days after its due date, and a I~ie sum shali tx addr..-' to each such i~srafiment ~emaining unpaid 7 days ~fter , each svcceeding paymem date. • ;ach maker, surery and endorse~ hcreof, jointly a~ severalty, wa~ves drmand, R~esenr~ent protest and notice of protest fw nonpaynxnt, snd further agrees to any extensan of time of payment, either before or after maturity, vritfiout not:ce to any of us; a~d to pay all costs of coliection, inciud+ng a rzasona5le attaney"s fee in the tvent of any defau:t hereu~der, and hereby seve~ally waives all benefit of honxstead and exrmption undet the constitutan ~ and laws of each Stare of ~he Un~teo Statrs, as aga~nst fhis obGgation a any exren::an or renewal hereof. W~tness the hand and seal oF each parry. , (SEAI) s ~tichael C. Taylor ~i~ csEl?U s/ Judith Taylor ~U ~ S` 37 . 50 _ t State Revcnve ~ ~5+sn~ps-c~n~e~k~ orr a~rnat Tare~)' 2 5 000.00 P1pW, THEREFORE, the MORTGAGOR fw the p~rpose of securing payment ef ss~.! sum of S ~ snd the performance of tM covenants and agreemer.ts here~nafter expressed_ and fw d~-ers good and valvablr considcrat~ons, by thesr presn+~s, doea grant, baryain, sell, remise, releax, convey and confirm uPto tF?e MORiGAGEE, its successors and ass~gns, a11 that certain bL pieee w pucel of I~nd, situate, lying, and being in the County of $t, 1.11C1@ ~ State of Florida, dewibed as follows: Lot 25, Block N, MARAVILTJ~ ESTArES, as per plat thereof on file in Plat Book 8, page 77, public records of St. Lucie County, Florida, ,I ~ . ( ~ w .r ~ 1 ~ ~ t7F ~~..0 ~ 1 ~ ~ o= ~OtW~ENTtiRr TA Q~-1. M P I A Y ~ t DERT.Oi RE1?Ell r ~ ~ ~ ~ kEL'EIV£U c V` f= c L! t,~~ ;..r.~ .~l(ES ~c_. OF T ` p. ~ tj = Fftl2i'i~ ' • ~ 3 t 5 0 8JE Cf! CtAS S ' C' I~ T.~f,~~_~ F~F, ~ t1Y, ~ , ~ r 4 C~not ~ PURSUAlVi TO C'i;:P:f4 i:-iat. A~t~ JF :3!1. I RGGER POIiRpS `J,l~ - c~c ~ir~cuir courn, sr. wcif co, l rogether with all and singular the tenements, hereditaments and appurtances thereunto belongi~g w in anywise appertaining thereto, and aQ reMS, iseuef, proceeds and profiK accruing and ~o accrue from said prem~ses, aIl of wh~ch are includcd in the above and fwegoing descriptron and habzndum. TO HAVE AND TQ HQLO the above described a~d granted prem~ses ~nto the said MORTGAGEE, its succesaors snd asigns fwever. Md the said MORTGA R for thel r---- he~n, executon, adm;nistrators and assigns, hereby covenants with the said MORTGAGEE, its svccessoes and assipm, rhat - t~e-~ a Te tawfully xi~ed of the sa~d prem+ses intfpee1 ~le; that the same are free, dear and diuMrged f~cm all iien~ and encum~ il e)I fl brances in law w in eqvity, a~u! that will and heirs shall warrant and defend fhe title ro the ssme to the said AtCRTGAGEE, its successors and assigns, fo?ever against the lawful claims and demands of al: persons; PROVIDED, ALWAYS thst if the MORTGAGOR ahall pay unto the MORTGAGEE tt~e promissory note hcreinbefore dcxrited and si~all truly,- prort~~+tly and fully perfwm, d~uharge, execu~e, compfete, comply w':+h and ab+de by each and every the stipulations, agreernents, condiripns s~d covensnts of said prom~ssay note and of this Mortgage, then this Mortgage and the Esrste hereby neated shall cease srsd be null a~d void. IT IS UPtDERSTOOD that the wwd "Nwtgsgoi' whether in the s~ngular or plural anywhne in this Mortgage, sha~l be sirgulu if one only and shall be plural jo~ntly and severally if mwe than one, and that the w«d "their" as used s~yvchere in th~s Matgsge shall be taken to mein "his," "F~en;' or "its," wherever the context w impl;es or admits_ Also, thst wherever there is a reference in the covenanti and agreemenri herein contained to sr?y of rhe pa.ties heroto, the san+e shall be construed to mean as well as the heirs, legal representatives, successas and auigns (eithe~ vul~ntsry by atl of the parties a involuntary by operation of the law) of the same and t~at the covenants hcrein contained shall bind and the berxfits and advanbgp invre ~ ro the respective heirs, kgal represcntatives, succrssors and ass~gos of the partie3 heroto. ~ And said Mortgagors, for themselves and their he:n, legal repreuntatices; s~ccessors u~d assgns, hereby joinNy snd aeverally covenant and agree ro snd w;~h the said MORTGAGEE, ifs svccessors and a:signs: - ~ 1. To pay all ard singular the principal snd inrerest and the various and sundry sums of money payaWe by virtue of said promissory note, and this mortgage, exh snd every, promptly on tFr days rcspect~vely 1Fx same severally become due. 2. To pay all and ~ingulu the uxes, zsussments, levies, I~~bilit~es, obligations and encumbrsrxes of cvery nature snd kirx! now on said deuribed property, a~hat hereaiter ~.ay be impo~ed, suftered, pixed, levicd, or sssesaed the~eort, or that hereafter may be levied o~ asussrd upon tirs Mwt¢ age, or tha indeb!edness secured hereby, each and every, when due and payable, atcording to law, before they become deli.iquent, snd bafwe any i~terest atraches o~ any penahy is incurred; AND INSOfAR AS ANY TMFREOF IS Of RECORD THE SAME SHAII BE PRO11APil'f SATISFIEC AND DISCHARGE~ Of RECORD AND THE ORIGtNAI OFFICIAI DOCUMENT iSUCH AS, FOR INSlANCE. THE TAX - RfCEtPT OR THE SATISFACTION PAPER OFFICIALIY ENOORSED CR CERT!fIFD) SHAIt DE PLACED IN THE HANDS Of SAID MORTGA.GEE WIiHIN 1EN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not pa~d. sat"sfied and d~xhargrd sa'd MORTGAGEE may at any t~me pay the same or any part thercof without waiving w aif~tling any option, lien, eq~ity or •~~ht unJer w by virue of this morrgage and the full amounr of each and eve~y such payn.ent shali ~ immediately due and payabie and shall bear interest <<om the date thereof until paid a? ra~e of n;~e per centum per annum and ~ogether w~rh sxh in{~r~v yi~IL b~ sec~ ~ by~h~n of th's morgbye. u • 'I awn 1 ~~o~ ` - ~ - - - ~ ~ _ : ~ . ~ . . • SS . , ~ _ . ~.e~~~_; ~ _ ~ ~