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HomeMy WebLinkAbout0415 ~ ~ ~ ~ ~ • ~ ~ ~ 325~_2:"~ , l,P THIS II~WENTtiRE. Mada thi a3rd ~y o{ _ R~abruarv .r.. ~?.o. 19~~L, benwNn _ L.14Y,~, Tavlor an~, ~,~~~~j,y=,~;~` rife ' _ of ~t~ LtlCie ~ Coynry floiidb hK~inaftN dNipewMd ~s tht 'Y1~RTG/~C~OR" and FIRSt FECERAL SAVINGS AND lOl1N I, ASSOCIAt10N OF FORT PIERCE, ~ aorpor~tion orpw~iud ~nd ~xistinp u~dw th~ laws of th~ Unit~d Sata of Mwriu ~nd M~inp it+ F~inc1P~1 P1+a of bwina~.+~ tM Gty t+f FoH Pi~tt~. 51. luch Counry. fbrid~.•Mrokiaha dt~ipn~qd ~i tM "MORIQAGEE." ~ . WHEREAS tl» MORTGAGOR ia iwtiy ind~btod b tM 1NORTGAGEE M tM wm of S 28 .•~ood and lawfvl morMy of ~ UniNd St+1a ~dv~nnd by tlw JYIORTGAGEE unto tM MORTGAGOR, as ~vidaoc~d by i os~qin pJaniisory ows uf ewn date iwrewith, of whiCfi ~M fqllowirp M ~wads end fiaur~a i~ a nw coPY. lowit: . t, l . ~'28,000.00 _ . ~ 1002179~ ' ; Fort PiKS~. Fiorid., ~ebrua ry 23 19 76 For wiw r~oeiwd, 1, w~ or ~ithN of us, promis~ to p~y, without d~f~lutio~, fo tM orde? of FlRST FEOERAI SAYINGS ANG lOM} ASSOCUTION OF fORT PIERCE af forf PNr~t. HwWa, tM wm of ~ 2y,8- • with int~rest from date at tM rate of8 • 75 J(. per a~num, in moMh#y irutalb mtnts as follorva: = 248.00 on ti~ 2Ot•~aY of :IUIf@ 1976 +~d a li4 swn an tl+e oor~etgond~np day of ~acl? month thKt- aft~? ~ntil the whol~ b~ fuly p~id. , Each imtslUrw~t first sMll b~ ~pplied in paym~nt of tM lntere~f ~nd ~her+ on tM unpaid balanc~ of the prindp~l sum. If dafauM is mad~ h tM paymeM of ~ny iratallm~nt when dw. and wch defwh ~ntinws 30 day~ the~ ~t tha optan of the lwlder. and wii~out any other notice. ~il tM r~inirg imtalhnents ihall b~ due usd p~yabl~ N once. Privil~p~ k piven to prep~Y this ~ot~ i~ whot~ or in part at any t~m~ without penatty. _ Neithe~ for~bRa?+ncs, nrr aonpt~nos by th~ holds~ the~wf ~ha~ an~ defauFt in anY p~Ymenn h~reon, shell be de~med e:te~slon. A lats payment ch~r~t of sh~l) b~ - +ddad 10 ~ach ins~allmeot ~an~i~inp unpaid 7 days.aftK its dw dst~, ~nd • liiu wm shall be addad W each such installmsnt runainirg u~pikl 7 days ~f1K ~ach wcuedin~ WYmeot datt. _ . Each m~ka, :urety and end«s~r Mreof, ~ointly snd sever~!ly, wa'wes demand, pre~entment ~o~est and no~ioe of potest for na?p~yme~t, and furtMr ~raos 1o a~y extensio~ o3e~ime of payment, eitMr b~fw~ a aftK en~twiry, without nwice to any of us: and to pay al! cosb of ~ collenion, irKludirp a rca~onabk attorney i fe~ M tM. ~vent of ~ny def~uh hetwnd~t, and he?eby severally waives ail b~ne4it of homestead ar~d exemption ~r.dK tM constitWiW~ ~nd laws of each Sraie of tFw United Sbtes, u ayainst this`oWiga~ion or,any txtension w remw~l hereof. witne...rh. h.nd .nd ~e.~.of axh pany. _ s/ Lloyd 2sylor (SE/W - _ ' • (s~?U s/ Clotilde R. Taylor . . ~SE/W ~ $ 42 . 00 t Stat~ Rev«~w (&aeipr e~nosN~e? ar «ipind-.at~) " NOW. THERfFORE, the MORTGAGOR fo~ th~ putpos~ of sKVrirp payment of ssid sum of ; 28~~~•~ ' , snd tM pKformaect of th~ cov~nts and a~een+e~b herein+her exp~essed, snd fw d'ivan pood and valwblt corald~r~Ywns by tMs~ preants, doss prant, baryai+~, sell, nmi~e, rakes~, oonvey and confirrr~ unto the MORTGAGEE. its s~aes~«s ~d asiipns, ~U thit teruin lot. piaa at paral of land~ aNuat~, Ipir?p. and beitg in th~ ~~y St. L.UC~@ and Sut~ of flwid~, dewibd a fdbwu APPRAl3ER~, ~~n~ ~Af/ ~ O~r,~~ ~ ~ y: l/7 Lot 15, less North ~O feet and the North 40 teet of 1.ot ld, Black 3, RBVISBD PLAT OF SOtItN 25th STRB&T StBDIVISION,.according to the plat. thereof on file in Plat Book lly page 46, public records ot St. Lucie County, Rlor ida. ~ ~ ~ 0° N1?~~~~y~ - . . ~ ~ ~ iy~ ~ w ~ ~ . - . ; _ . ~ By agreesent of Mortgagor and Mortgagee on file with ; 1~brtgagee, the within sortgage secures not only~an ~ ~ existing indebtedness, but also AdVANCFS to be HEltE- ARTBR aade by Mortgagee to Mortgagor, the aggregate v . of which_ will equal the princip~l aaount specified in the pro~issory note ascured hereby. ~ ~ STAT~ flF FL~R~Da E ~ oZ ~ ~OCUMEN'~~?RY~.~~_STAMP_7~x J DEP . OF REYEtIWE -'r' ! y,~ ~ ~y' P.d. = tEB25't0 ~ Y . • ~ s ; ~ ~ ~ t . i~ - - ~ _ ~ ~ a2 ~~...i ~ ' topetiMr with all snd sinpulu the ten~ntti ha~d'~tare~e~ts ~nd ~ppurtances tMrevnto b~lonpirg or in ~nywis~ appertatninp ti~erMO, and ~11 re~ts, hara. proc~ads aed pofits acw&g and to sarw from said pnmises. ~II of which rre inck,dd in tlr abow ud forpoinp de~aiption ~nd hat»r~dum. TO HAVE AND TO HOLD tM abow desc~ibed ~nd yranted premiwa vrHO tF» s~id MORTGAGEE, its wotasors and auipns forwer. Md tM sald AhORTGAGOR fa their hein. ~aacuton, adminish~ton and asagns, t+~reby cawnants with tM saFd AhORTCsAGEE, ib waesson and wipna, rhat they are ~„iy, seiud of the wid.pr~mis~s in fe~ simpl~r th~t tM wa~ K~ frM, dw ard dbdwped fran alt li~m and bnnua in law w in equity. ~nd tha+ t~@Y will.aod their _~sn sa.tt wurartt and def~nd the titl~ to tM s~ to th~ wld MORTGAGfE, its sutceswn u~d auigro, forever painst ths lawful claims artd detnarda of dl penom1 . ~ PROVIOED, AlWAYS thst if the MORTGAGOR sMll p~y ix~to ths AAORTGACaEE tl~ promissory eotE herei~efwe d~a:rib~d snd sMll trvly, ptomplly and firlly ps•form. dischary~, ex~cute, cornpl~te, comply wirh and sbide by each and erery tM stipul~tia~s. +pr~ar??s, conditians u~d cavananb of s~id ~ promiuory rat~ and of this N~ort~aga, than this Morty~pe a~d tM Estae~ Fa~by ueated shall cea~e and M ~wll ~d roid. IT ~S UNOERSTOOQ that tlw word "MortQapor" whether ~ ths ~irgulx or pl~ssl ~nywMrs in this Mort9aye, shslt b~ siir~ular if oM only and ~l+~ll b~ piwd ioa+tly and s~versllp if mon th~n one, and tMt the wad "their'' as ~ned snywhen in this IYtior~ysye sh~ll be tskan to me~n •'his," "Mn„`• w'its," whereva the oontezt so implies a admits. Abo, tMt whaxver ther: is a ref~rence iee the covsnsnb snd pr~emenq herein oontairnd ro u~y of ~ the p~rtles t~sr~to, t!~e ~am~ shsll b~ cantrued to ms~n ss wel! ~s ths hsirs, Iegai npr~sa~tatives, suasswn and assigro (~ither wlvntary by act of th~ ~ parti~s or imroivnt~rY bq oP~?~tion of the law) of tlie s~rr~e and th~t ti~e covenanb henin com~ined shell bir+d and th~ b~rnfi» and sdvamapa frow~ to irn resp~ctiw h~iri, I~a! representativn: s~ctssson and ass~yro of th~ puti~s hereta ~ Md said llilortyayon, fa thsmselva and theu hetn, le~l nprae+~tatires, w~oceuors +~ed ~uipns, her~by ~ointly and s~verally coveMnt and apneA' ro and wNh Hw sad Ma71tTGAGEE, in svccssio.a end .ssipns: ~ 1. To pay aU snd sinpulu tM principal ~nd ~ntKest u~d tM wriovs and wndry swm of maiey payabte by vlrtw of Nid txomiswry not~, aed tNs ou mwtpaQe, ~acb and ~very. prompt~Y on th~ d~ys respettivelp tM sam~ sw~rally b~arne due. : ' o".~ 2. To pay dl and sirgolar the t+xes, aae~unen», i~vies, li.bilitia, oblip~tions and eeam~bnnoa d wery rwtura a+d kind no`w oe ~aid d~w~d prop~ny, a tiut 1»reeftK may bt impwd, suffasd. P~+ad. fwied, or aaessed tiw~on, a th~t herafte~ may b~ kvid a au~sMd ~pon tfii. Niort~ +po, or'tir indtbtedne~s ~ecursd h~reby, s+ci~ and ev~rY, wMn dw and payable. ~ototd:np to bw, b~fon tfwy b~can~ delinqwnt, a~d b~fw~ Im~?Nt ~nscMa ar a~yr peMlty is incwred; AN~ INSOfAR /t5 ANY THERfOi IS OF RKORD iHf SAME SHAII 6E PROMPTLY SAtISf1ED ANO DISCI~AA<3E~ Of RKORD ANp THE ORIGtNA~ OFfIC1Al OOCUMENT (SIKH A5, fOR INSTANCE, THE TAX RECEIRT OR THE SATISFACTION PAPfR OffIC1ALLY ENDORSED OR_CERTIf1ED) SHAII 6E PtACE~ IN 1HE HANDS Of SAIp MORTGAGEE WIiHIN TEN OAYS NEXT Af1ER (+AYMENT; ~nd in the ~vaM thit arty tMreof b tal paid, sat:~fied and discharQed u:d 1NORTGAGEE may st :~y time ~ay the same a aMr part Ihereof without waivinQ o~ ~ffectinq any option, li~n, ~?ity ar •~qht ~nd~r a by vinue Of this mortyaye and the full amovnt of esch ~nd every s•.xh piymem shall be irnmed'ussty d•x and p~yal:le, u~d sh~ll bw isterat ~ ~•om tM dats tFwreof vmil paid at r~te of nin~ pe~ untum per a~uwm ~nd MpetMr w:tb such inter~st shaN be secwed by th~ li~n of th:s morqtsye. . ~ _ . . . . . . - I i s~~~~,`'~~~~~: .w>-~~ ~r ~ ~ ,.s._~... .~``~~~~~~'.,a. _ ~c : - '