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Home My WebLink About1545 IN ~ .Jiiv THIS INOENTURE. Mad~ the ZBth day of March A.D. 19~~ be~wee~ Llovd Taylor snd C1otildQ R. ?aylor, his wifQ _ ; i of $t ~.llCi@ , Ca+nty Flaida, MreinaftK deaignated ss 1he "MORTGAGOR;' +nd FIRST FEDERAI SAVINGS AND IOAN i ASSOCIATION OF fORT PIERCE. • corporatwn wyani:ed ~nd existin~ under ~hs laws of tl+~ Un~ted St~f~s of Arn~ric~ +nd Mvirq in princtpal p1+u of buiin~ss In tM Ci~y of Fort PiKC~. St. l~ci~ County, fiaid~, htrtinafttr desiynsted a~ tM "MORiGAGEE:' WHEREAS tM MORTGAGOR is iv~tly irKlebt~d to tM MORTGAGEE in the sum of =12~0~.~ 9ood and lawful money of the Un~ted Stafes advanced by 1M M.ORTGAGEE unto the MORTGAGOR, as evidenced by a certain promissay ~ote of even date herewith, of which 1he foilowinp In wordt +nd fipurss is a trw copy. to-wit: ~ iQQ•10•148 =~2,~000.00 F«* v~..~.. Fb.~d.. March 28 19 94 fa value received, 1, we or either of ui, prom~se to pay, without defalcation, to the order of FIRST fEOERAI SAVINGS AND IOAN ASSOCIATION OF j FORT PIERCE at Fwt Pierce, Fbrida, the ium of s12 i~~• ~ w~th intereat (rom dale at the rate of 8.9 96 p~ +~~+m, in monthly instalb ments ss fotlows: = 122 on the 2~h day of ~y 19 74 and a like svm on the carespondiny day of each mo~th thsre- after until the whole be fuliy paid. Each imullment first shall be sppliad in payment of the intere~~ and then or+ the vnpaid b+lanca of ths p~~~dps~ sum. If default a made in tM payment of any installment when due, a~d such deFavlt continuea 30 days, the~ st the opYan of the holde~, snd without any other notice, all the remainirg ~nsullments shall be due and payable at once. Privilege is given to prepay this note in whole or in pa~f ~T ~ny time without penalty. Neither forebear+nce, nw accepta~ce by the holdcr tF~ereof after any default i~ anY paYments hereon, shall be deemed extension. A laie p+Y~nt charge of s 6•1~ ih+ll ba added to each installment remaining unpaid 7 days after its due date, a~d a like sum shall be added to each svch instalhnent remaining unpsid 7 days after i each succeeding paYment date. Each maker, su~ery and endorser hereof, jantly and severally, wsives demand, p?ex~tment protest and notice of protest fa nonpayment, and further agrees fo any extension of time of payment, either before a after maturity, wi~hout nor~ce to any of us; and to pay all costs of collection, includiry + reasonable attwney's fee in 1he event of any default hereunder, and hereby severally waives all benefit of homestead and exemption undH the constitutwn and laws of each State of the United States, as against this obligation w any extension or renewal hereof. Witness the hand a~d seal of each party. , . 5/ Lloyd 2avlor esenU ~ cs~?u S/ Clotilde F 2avlor (5~/?~) ~U t $18. 00 • ~ Srar~ Revenve ~b~,'~'~'°"a ia . ooo. o0 .~a «~~e of NOW, THEREFORE, the MORTGAGOR fw the putpou of securing payment of said sum of s . P~?f covenants and agrecments hereina(ter expressed, and fw divcrs flood and valuable considerations, by these prosents, does grant, baryain, sell, remise, release, convey and tonfirm unto the MORiGAGEE, its successors and auigns, ail that ce~tain lof, piece or putel of (and, situate, lyinp, snd beirg in the County of St . WC1@ ~od State of Flwida, dewibed as follows: Lot 14, Block 3~ FAIRLAWN SUBDIVISION, aa per plat thereof on file in Plat Book 6, paqe 5, of the public records of St. Lucie County, Florida, STATE FLC)R4~A 1 OOCUME~ITAR ~,~STA M P i ( c-~ ~ DEPT. Gf REYEt/UE 's' i _ = s:i~ii-i'7~ ~ sr v - _ ' ~~1 ' V. O 0 ~ N p.a. O -111QZ~ I ~ - - o~ ~cavEn - ~ in P~rM~r of 7~ ~ - plff QM CLASS 'C INTANGIBLE PEN:AMAL PROPFR~ pURStIANT TO CFtAP1ER T1-134, ACTS OF 1911.~c/~ R06ER POITRIIS ~ CLERK CIRCUIT OOURT. ST. LUCIE C0, F1A~ together with sIl and singular the tenements, hercditamenri ~nd appurtsnces thereunto belag~ng w in anywise ~ppert+ininy therelo• ~^d renri, iuues, , proceeds snd profits atvuing and to acuue from said premises, all oE wFiKh are inttuded in the abovt ~nd forogoing dex?iption +nd habendwn- TO HAVE AND TO HOID the sbove_ desciibed and gr~nted premiscs unto the said MORTGAGEE, iri suaeswn +nd auiyns fwever. Md tht said MORTGAGOR fot th@ 1Z ~~~~s, executas, administraton and assigns, Ixreby covenants with tha ssid MORTGAGEE, Its successon +nd +ssgro. that thev a!Q lawfully seized of the said premises in fee simple: that the same am free, clesr ~nd dixharped from ~II liens and eocum- brances in Isw w in equity, and thst they will and _ theiz hein shall w+rrant and defend the titk to the same to the s+id ~ MORTGAGEE, its suocessors and usigns, forever against the lawful claims and dems~ds of all persona; PROVIDED, ALWAYS that if the MORTGAGOR shsll pay unto the MORTGAGEE the promissory rote heteinbefore destribed u?d sh~ll truly, pomptly ~ and fulty perfo~m, diul~arge, execute, complete, comply with and abide by each and every the stipulations, agreemenri, conditions snd toven+nri of said promiuory note ~nd of this Mwtgsge, t}xn this Mortgage +~d ~he Estate hereby crested shstl usss and be rw~~ +nd void• IT IS UNDERSTOOD that the wad "Mortg~gor" wFxther i~ the singular w plural anywhere in this Mwtg+ge, shall be sirgvlu if one only ~nd ~ shall be plursl jointly snd sevually if mwe than one. ~nd that the word "their" as used anywhere in this Mort9age shall be uke~ to mean "his:' •'hen,• ~ or ^its;' wherever the conte:t w implies o~ admits. Also, that wherever there is • reference in the toven+nts snd syreemenri herein cootained to ~ny of~0 ~ the parties F~ereto, the ts?ne shall be const~ued to mean as well as tFx hein, kgal representatives, successon a~d augns (either voluM~ry by ~ct of th~~s~ parties a involuntsry by operation of the law) of the same and that the covenanta herein contained sMll bind and tht benefits and advant~yes irnxe to the respMive heirs, kgal representatives, succeswn and au°gns of the p+n~es he~eto. ~ And said JNortgsgws, fw themselves and their heirs, legal representafives, succeuors and ~uig~s, hereby jaMly snd ieverally covenanf and ~yree ~ to snd with the said MORTGAGEE, its successors and auigns: ~ 1. To pay sll and sinyu~ar the p~incip~l and imerest and the wrious snd sundry sums of moneY paYsble by virtue of iaid p:omissory note. ~nd this~ ~ mortgsye, esch snd every, p~omptly on tfie dsys respectively the same tererally become due. - 2. To pay all ~nd sing~lsr the t+xes, assessmenn, levies, li~bilities, obligaYwns and encumbances of every nstwe and kind now on s+id dewib~d~.,,~ property. w that Fureafter may be imposed, wNered, Placed, levied, w+ssessed thereon, w tMt he~eafter may be levied w use~sed vPon this MortQ'~ w befae they becane delinquent a~d befort any interest~~~ age, or the indebtedneu secuted hereby, e~ch snd evcry, when d~e a~d payabk, sccordinp to law, . attaches w any prnalry is inturred; AND INSOFAR AS ANY TMEREOF IS OF RKORD THE SAME SNALL 6E PROMPTLY SATISf1ED AND DISCHARGED OF RECORO AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH A5, fOR INiTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AlLY ENDORSE~ OR CERTIf1ED) SHAII BE PLACED IN THE HANDS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that a~y thereof is ~w1 paid, sat"sfied and disch+rged sa:d MORTGAGEE may at any time pay the same w any part thereof riYhout w+'ving w aifecting arry optio~, lien, equity w .iqht ~nder or by virtue of this mortgage and the full amount of esch and every such payment shall be immediately due and psyabk and shall beat interest ~rom the dste thereof until paid at rate of nine per centum per an~um and togethcr with such interest ahall be setured by the lien of th:s morytaQe. ~:-r, - 4~ ~:-~""i~.~ . ti-^~~_, o- ` ,Td:~,.~ ~ _ ,t .a~p=.~. - ~,~.::r s ~s~y.' ~ . . _ ~ . 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