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Home My WebLink About0117 = ~04920 THIS INDENIURE, Nlade the 26th day of ~rch A.D. 19 75 between f Lloyd T~ylor and Clo~ildg F. Tavlo;, his wife of ~t. Lucie Cp~nty Florida, hereinaiter dee~gnated as the "MORTGAGOR," and FIRST FE~ERAI SAVINGS AND LOAN ~ ASSOCIATtON OF FORT PIERCE, a corporat~on organized and exi:ting unda the la•HS of the United Sutas of Amerita and havinp ib printipa! place of busineu in ths City oi Fo~t Pierce, St. lutie County, Florida, hereinafter desigoated as the "1AORTGAGEE.' ' ! WHEREAS the MOR~GAGOR w justly indebted to ths MORLGqGEE in tha sum of j_ 18 ~ 400. ~O , 9~ ~d lawful mt+ney oi 1he Un:ted States advanced by the MORTGAGEE umo the MORTGAGOR, as evidenced by ~ certam promissory note ot even date hertwith, of which thd fpllo-«ing in ~ ..ords a~d figures is a truo copy, to-w~t: , s 1 t3 ~ 400 . 00 ~ • • • ! _ . , , N, 10021240 Fon Pierce, Florida, ~rch 26 _ 19 75 ~ For value ~eceived, 1, we or either of us, promise to pay, wi~hout de~a!catiai. ~o the order of FIRST FEDERAI SAYINGS AN~ ~OAN ASSOCIAC:ON OF ~ FvRT PIERCE al Fo+t P~erce, Florida, the wm of S__ 18 . 4~0. ~0 ` w:th ;nterest t~om date at 1he rate otg •~Y~ per r.nnum, in ~nonth!y install. -~~~rs as ro~iows: i__163.00 on the zOLh day of `JVly , 1'd. 7.5_ and a like sum o~ the correspf,~d.~it~-day of each rrwnth tFxre- ~+~er ~ntil the whoie be fully pa~d. Each installment f~nt aha11 be apE,!:ad in payment of ~he in~eres~ and then on the ur.na~d balance of the princ:pal sum, li .lel.full is made i~ fhe j ;.3;m=nt of ary i~sta~lment wnen due, a~d such deiault continues 30 dsys, tlicn at ~i~e opt:on of the hotder, and without any other notice, all the remaining F ~~sfallmems shall be due and pay.~i;ic at once. Pnv;le~r is given to prepay this note ~n whole or in part at any time without penalty. Neither forebearante, ~ r,ur acceptance by the holder fheraof after ary defa~lt in any payments hereon, shalf be deemed extension. A late payment cha~ge of S 8• 15- shsll be ~ ,:±i~•d to each insr;!Imant ~emair.ing uopa;d 7 days atter its due date, and a ~~ke s~m shal! be added to each such instaltn~nt rema~ning unpaid 7 days afte~ ~ .,ach wcceeding payn:ent date. Eath maker, surety and en~oiser hereof, ~ointly and severafly, wa;ves Jainar.d, prese:tt~nent protest arxl notite of ptotest for nonpayme~f, and further ~~~ees to any extersion ot nme of poymenl, r~ther before or afrer matur~ly, w~ihoat nut~ce to an~~ of us; and to pay all cos~s of co~ledien, includ~n9 a vr,abie atrorney': fec ~n the evem of any dciault hereunder, and hereby se~-e~ei!y .aarves all benefit of homestead and exemption under the constitulion ~ ci taws oi each Stare of ~iie Un~ted States, as aga(nst th%s obli~arion or any c,~!ens~~.~n er renrwa~ hereoi. W~tness the h~nd a~! seat of each party. (SEAI) S/ Lloyd Taylor ~~u (5~?t) S/ Clotile F. Taylor ~27.60- sra~e Re.enu~ St~elQ~c Dt1 NOW, THEREFORF, the b~ORTGAGOR fw the purpose of securing paymen+ of said sum o( s 18 ~ 4~~_ , and the perfwmance of ths co•:enants arxl agreement~ herrir~iter expressed, and for tiivers good and va~uable cons~derations, by these presenfs, does grant, bargain, seil, rem]se, - :._ase, convey and conffrm unto the !~!ORTGAGEE, its suaesson and assigns, a~, that certa~n Iot, piece or parcel of land, ~ituate, fying, snd being in the ~c~nty of _ SL _ Lueie . and State of Fbrida, descnbed es follows: South 30 feet of Lot ~ and Lot 4 LESS Sauth 15 feet, Block 4, South 25th Stzeet ~ - ; 5ubdivision as per plat thezeof on file in Plat Bonk 11, page 46 of the public Records of St. Lucie County, Florida, ~~S/~Q- 5D~-~D(o~~~00/~ . ' ~ ; -TE FL.O~~J~~ ~ j~~., ~ ~TA i , 57I:MP TA ~ ~ g~ `NP~~N,p~ ~FEQ~'~ ~ ' t1M~NT~RY ~ . ~ ~ i~= c~ ~7 :sf i±EYEt:t1E q ' ~ ~ / ~QE~ ~ ~yll- r = t; CP ' - ~rR - ~'7:, .~r~~~~ ~ L. 6 0 ~ ~ ~Ht~~` 13~• ~S F1~ ~ ~ M _ aa - - ~ I E~ ~tA~ ~C tESt t~ .,E ~ n o _ . . ' Z r~_=._ys p1iF- O~t C~~~l ~~yj. ~ ~ PUF `j V"'"!~ /f r.~a'~ ~1~/~ Q`~~v ~ ~ ~ :•-::e`her with aft and singutar the tenements, hered~taments and appurtances the?eunto belonging w in enywise appertaining fherefo, and all reMS, iuues, ~cceeds and profits accruing and to accrue from said premises, all of which are included in the above and foregang description and h~bendum. TO HAVE AND 70 NCID tFe aboie described and granted premises unto the said MORTGAGEE, its tuccessora and assigns fwever. And the said ~ :.^,RTGAGOR for -thgi~--___- hein, executws, administrators and afsigns, hereby covenants with the said NK3RTGAGEE, its sucttssors and astiy% ~ ~-.ar -~~gY-ats--- lawfully seized of the said premises in fee simple; that the same are free, dea~ and dixharged from al) tiens ~nd tncum- ~ ~rces in law or in eqvity, and that they W~~~ a~d their heirs shall warraot and defend the title to the same to tM said ~ •~'~RT{',AGEE: its successors and assigns, forever againsf the ~awful ciaims a~d demands of all persons; ~ ~ PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGfE the promissory note hereinbefwe described and shalt truly, promptly ~ 4 ,-.d fu~ly perform, dacharge, execute, complete, comply with and abide by each and every the ttipulations, agreements, conditions and tovenanb of said J :-~~;sswy note and of this Mortgage, then this Mortgage and the Estate hereby ueated shall ceau and be null and void. s IT IS UNDERSTOOD ihat rhe word "Mortgagor" whether in the singula? or plural anywhero in this Mortgaye, thall be singul~r if one only and s~all be plural jointly and aeverolly if more than one, and that Ihe wmd "their" as used a~ywFxre in this A6ortgage shall be taken to meso °his," "hen," •"ifs," wherever the contexr so implies or admits. Also, that wherever there is a reference in the covenants and agrtements herein cont~ined fo ~ny oi ~ ~'^e oarties hereto, tfie same shal? be construed to mean as well as the heirs, legal represeMatives, successon and assigns (either volvnhry by ect of the > ~ ; a~i;es or involuntary by operation of the law) of the same and that the covenants herein containcd ~hsll bind and the benefit~ and advanisyes inur~ f ~ the re;pective heirs, legal ropresentatives, successors and ass'gns of the parGes hereto. ~ ~ ~ And said Mortgagors, for themselves and their he~rs, legal representatives, succesaors and assigns, hereby jointly and saverally covensnt and ~yree ~ ~o and with the said MORTGAGEE, irs successas and assigns: W g~ 1. To pay all and •ingular the printipal snd interest and the various and sundry sums of money ~syable by virtue of said promissory note, and fhif ~ ~ -r.ortgage, each and every, promptly on the days respectively the same severaNy become due. 2. To pay all and singular the taxes, assessments, levies, fisbilit~es, obligations and encumbrances of every natura and kind now on said desuibed ~ crope.ty, p th~t hereafter may be imposed, suffered, plxed, levied, or assessed therew~, or that herea~ter may bs levied or assessed ~pon this Mat¢ ~ ~ age, w the indebtedness sec~red hereby, each snd every, when due and~psyable, accading fo law, before they becane delinquenl, ~~d bafwe any imerpt ~ ~<<-ches pt any penalty is inwrred; AND INSOfAR AS ANY THEREOF IS OF RKORO THE SAME SHAII BE PROMPTLY SATISf1ED AND DISCHARGED OF y~ a~CORD AND THE ORIG~NAI OfFICIAI DOCUMENT ;SUCM AS, FOR INSTANCE, THE TAX REGEIPT OR THE SATISfACTION PAPER OFfIC1Al1Y ENDORSE~ ~o ~R CERTIFIED) SHAlL BE PLACED IN THE HANDS OF SAID MORTGAGEE WIiHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not pm c,a~d, satstied and discharged sa:d MORTGAGEE may at any time pay the same or any part the?eof without waiving w affecting eny option, lien, eq~ity or •~qhf under o~ by virtue of this mortgage and the fvll amovnt of each and every such payment shall be immediately dve and psyable and shall be~r interes~ jrom +he da!o ihc~~~c~ „ ! ~;a rate of nine per cem~m per annum end together w~th such inte~est shall be secured by the lien of th s mo~gtage. _ _ , , _ . ~ _ - . ~rt~ =F>