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THIS INOENTURE, Mad~ tn+ 21SL day of ~~a'y _ A.P. 19~ be?w~ee
Lloyd Taylor and Clotilde R. Taylor, his wite ~
SL . LLiCl@ ~~sr aes~ynsled as the "MORTGAGOR:' •nd fiRST FEDERAt SAVINGS ANp tOAN
of Co~nty Flot~ her '
ASSOC7ATION Of FORT PIERCE. • to?paat;on ory+~ize~ and eaisting unda+ ~he iaws ut ths. United Stu~s of M~e~ica end ha~pnp U~ pri~cipal plsce of
b~amsu in fhe City o1 Fort Pierce, St. lutis Covnty, Florida, hereinaiter d~si~neted a~ tM "MOR(GAGEE:'
WHEREAS the MORTGAGOR is iustly ir+deb~ed to the MORTGAGEE in the sum of ~i 20+400• g~d and lawful mor.ay of the Un~tsd
Srates advanced by ths MORiGAGEE unto the MORIGAt'aOR, as ev~cirnced by a certem promissary note of eve~ date herewitF~ of wh.~h the followiny in
.~ords and hg~res is a uue wpy, to-wit:
s_ 20, 400~ 00 No 10021360
fort Pierc.. Ftorid.. MaY 2 1, 19~
For va!ue received, 1, wr or either oi us: F~om~se to pay, wi~haut defa!.ano~, ~o ~fie order oF FIRST fEDERAI SAVlNGS AND LOAN ASSOCIATION OF
~:>RT PIERCE ~t Fort P:rrce, Fbrida, the aum cf s.__2Ot4~~•0O __~r..th ~nr.arst from date at the rate of ~!7~to per annum, in monthly instsl{- ~
rnrs aa fol!ows: S- 16~ •0~ o~ the ?Oth day oE Se~tember 19__?S and a like sum on the cwresponding day of each month there-
~+rrr until the whole be f~tly pa~d.
Each inst~llment tirst shall be appl~ed in paymenr ot the interest snd tl~en on ~tie un}~aid balance of the prinupa) sum. If defautt is made i~ the
.•~,ment of any instal~ment when due, and such drfeult con?inues 30 days, then at ~ne cpTion of the hotder, and without any other not~ce, all the remaining
~:,tali~nenes shall t~ due aitid payablo at once. Privilega is given to prepay this notc in whole or in parl at any time without penalty. Neither fwebearance,
~~o- acceplance by the holder thereof af~er sny default in any payment~ her`on, shal~ te deemec! extensicn. A late paymem charge of 5-~--. s6+~~ be
i::~,J to eech insrallment remaining unpa:d 7 days alter its dve date, and a IiA~ wm +i~a!t tx added to each such installment remaining unpaid 7 days after
each suCCeeding payment date.
Each makar, surety and endwsrr herCOf, jaiMty and severally, waives de~r.and, presenUnent protest and no~ite of protest fw nonpayment, and further
.,_;rres to any extension of ume of p~yment, e~ther bafore or aftei maturity, w~th;,uf not~ce to any of us; and fo pay all coats of coliection, intluding a
.„onable anom~y's fee in the evrnt oF any ~afault hereundzr, and hereby sr:era!(y wai~es aB benefit of homestead and exemption uoder the tcx~stitulian
, d~aws of each Srate of the Un~fed Staees, as ayainst this ob~~gahon w any rx12~~i~Ofl o~ renewal hereof.
Witness tht hand and seal of each party.
S/ Lloyd T~ylor es~Au
l5~/?U
S Clotilde F. Taylor ~AU
S30.6G
) State Revenue
2O * 4~0• 00 , and the rf t
NO'N, THEREFORE, ti?e MORTGAGOR for the cw?pose of securing payme~t of said sum of S pe orm+nce of the
corenants and agreements here:nafte~ expressed, and fw divers goed and va~vabte cons;derations, by these ptesents, does grant, bargain, stll, rem~se,
•~;ease, cenvey ar~ confirm unto the MOr~SGAGEE, ats successon and asa~gns, alt that certain lot, piece or pucel of Isnd, situate, lying, and 6eing in the
"ovnty of St . LuCle _ and State of Fiorida, desuibed as follows:
a?S/ao ~y-oos7 0~~7
a y~ o-~G y- oos~-Oq0/y
Lot 1 and Lot 2, LESS South 45 feet, Block 4, South 25th Street
Subdivision, as pez plat thereof on file in Plat Book 11, page
46 of the public records of St. Lucie County, Florida
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rcqethcr with all aru! singula? the tenements, hereditamrnts and appurtances thereunto belonging or io anywise appertainirg therero, and all rs~ts, issues,
~ :~oceeds and Rrofits accruir~g and to accrue from saod premises, all oi which are included in t~ above and fweqoing description and habtndum.
TO HAVE RND TO HOLD the above drscribed artd gronted premises unto Ihe said MORTGAGEE, ita successon +nd asi~gns forever. Md tM saW
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~ :'ORTGAGOR for -~bg11____-_- ~~~s, executors, administratws and assigns, hereby tovenanb with the said MORTGAGEE, its suttessors ~nd ~uipru, _
~ t he are i
~ ,~~j~ -----Y Iawfully se;zed of'the sa+d premises in fee simple; thst the ssme an free, ckar r~d dischsrgsd from stl liens ud encure~ y
~ ~,-nnces i~ Iaw o? in equ~ty, and that they ~„~;p a~ thelr heirs shsll warrant and defend the title ro the samt to ti~e wid ~
~ •.'ORTGAGEE, its successors and ass~9ns, fo~ever against tke lawful claims and demandi of sll perfons;
PROVIDEO, AlWAYS that if the MORTGACaOR shail pay unto the MORTGAGEE the promis~ay note hereinbefwe dewibed and shall truly, promptly ~
r'~-~~ iu~ly perform, d~xAarge. execute, comptete, compfy with and ab:de by each and eve~y the stipvlstions, sgreenxnri, ca~ditions and covens~ts of said
'4 ~;;~n~ssory note and of this Mortgag~, then this Mortgage and the Estate htreby created shall cNSe and be nuil snd void.
~ IT IS UNDERSTOOD that tfie word "Mor~gsgor" whe~her in the s~~+gular or ptursl anywhere in this Mort~sge, shall be singuia~ if one only and
=ha!I be plural jointly and ceverally if mwe than one, and that the word °their" ss used anywhere in this Mortyspe ihall be taken to msan "1?is," "I~s;' l..~
~ "its;' wherever the conuai so i~nplies or adm~ts. Also, that wherever the?e is a reference in the covenants and ~yreements herein oontained to a~ryr of ~ :
~ ~he parties hereto, tix same shall be construed to mean as well as ~he heks, legal rep~esentatives, successon and assiyns (either volvntary by act of the i
~ ; ar;~es oa involun?ary by operation of the law) oi the sarne and tf~at the covenants herein co~tained shsll bind snd rh. benefin and adv.ntapa tnw. ~ S
~ •o the re~pectivc helrs, legal representatives, successors and ass~gns of rhe part~es hereto. ~
And ssid Mut rs, for tAemxlves and thei? heirs, 1 al repreunt~tives, sucussors and ~si ns, hereb mi snd severall coven~nt snd r~e ~
9~ ~9 ~9 Y la Y Y +9
~ ro and with the said MORTGAGEE, ~+i successas and assgns: ~
1. To pay •II and s~n9uisr the principal snd iroerest and the variovs and sundry iums of money p~yabk by virtue of taid promissory note, and thi~ a.
r^orrgage, each and every, promptly on the days respectfvely the same severally become d~e. ~
~ 2. To pay all end s~ngulsr the taxes, assessments, levies, fisbilities, oblgstio~s and encvmbrances of ~very natws ~nd kind now on s+id desuibed ~
~ p.operty, or th~t heresiter may. be .imposed, wffered, placed, levied, or assessed thereon, or fhaf heresftt? may b~ levied or ss~essed vpon fhis Morf¢ Y
age, or ths indebtedrx:s secured hcreby, each and every, when d~?e and payable, xco~ding ro I~w, before they become delinquent, and btfot~ ~ny int~est so
a+rrches w any penalfy is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAII BE PROMPTIY SA115FIED AND ~ISCHARGED OF Om
~ ~+~CCRD AND THE ORIGIhAI OFFICIAL ~OCUMENt ISUCH AS, FOR INSiANCE, THE 1AX RECEIPT OR THE SATISfACTION PAPER OFFICULtY ENDORSEO
CERTIf1ED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the eveM thst any thereof a not
~ d, sstsficd and dixharged sa:d MORTGAGEE may at any lime pay the same or any part thercof without waiving w affecting sny option, lien, equity a
~:;h+ ~nder or by virtue of this mortgage and the full amou~t of each and erery iuch payment shall be immediately due ar+d payable and shall bear interqt
s om +FP de~P tF~c~eof vro~1 pa d a~ rate of nlne per ce~rvm per annum and toqether w~th such interest shall be secured by Ihe lien of rh s morgtage ~
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