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HomeMy WebLinkAbout0515 33653f~ ~ ` iHIS INDENTURE, Mad~ IFw 24L~1 ~y of M8Y ~ . a : A.D. 19.~..., betwe~n ; ~ . Lloyd ?aylor and Clotilde F. TaylQr his wife ~ SL. (.LC1@ Cpy~~y Flo~id~, hKtin~itM daignatad ~f th~ "MORTGAGOR;' ~nd fIRS~ FEDfRAI SIIVINGS AND IOAN ~ ASSOCIATION OF FORT PIERCE, ~ oo+por~lio~ ap~nis~d ~+~d ~xistinp und« th~ laws of tM Unit~d Stu~s o~ M»rica ud Mvinp iM princip~l plaa of fi MaM»~s In tM Gity of Fat PiKU, St. l~ci~ Counry, Fbrid~, Iwreinaft~? d~iipnar~d N tM "MORTGAGEE ~ ~ WHEREAS tM MORTGAGOR h juuly indebl~d fo tM MORTGAGEE In tM sum of Z 28 + 800• ~0 ~ood and I~wful mor?~y of tM Un~ted Stat„ ~dvanc~d by the MORTGAGEE umo ths MpRTGAGOR, as ~videnced by • unain p~omiuo~y ~ot~ of even da~s hereryiih, 04 which ttie followinp in l word~ u~d fipw~s ii a trw copY. to-wit: ~ ~ 2a,8oo.0o N,_ 10021938 F~ Pi~~.. F~«~. Mey ad 19 ~6 For value rcceiwd, 1, we or ei~her of us, promise to pay, without defalc~tfon, to ~he order oE FIRST FEDERAI SAVIN('s5 AND LOAN ASSOCIATION OF fORT PIERCE at Fort Pitrcs, florida, ths sum of S 28 ~ BO~• w~th interest fran date at the rete of 8• 7-~6 per ~nnum, in monthly irolall- ~„enti ai fouowi: i 237. DO 20Lh ~Y of Senteober ~9_7¢._ ~nd ~ Iike tum on ~he correspor?Jinp day of ~~ch month tMr~- i after until the whole bs fully paid. - E~ch insultm~nt fint shall b~ appl~ed in p~yment of rhe interesf and ~hen on ths unpa~d balance o( the principal ~um. If default is mad~ in th~ paymeot of any installment wMn due, and :uth defavlt conti~ues 30 d~ys, then st ths option of the holder; and without srry other r+otice, ~II tM r~ininy ~ insullme~ts aMll bs due and payable at axs. PnvileQ~ is givcn to prepay this note in whole or in part at ~ny t~me without penalty. Neitha fweb~aranos, no? ~cupt~nce by the holder thereof aha a~y default in any p~yments hereor?, sMll be deemed extension. A lat~ payment cM~p~ of ~ 1~. 85 sh~ll bt added ro tach installmem remaining unpaid 7 days •ft~r ib dw date, and • lik~ ~um shall be added to each auch Installment remaining w+p~id 7 d~y~ aftK each succ~edirg payment date. Each maker, surety and endwser hereof, pintly and saverally, waives demand, presentment p~otest and notlce of proteat for nonpaymanf, and furlMt •grees to ~ny ~xtension of time of payment, either betore a sfter maeurity, without notics te sny of us; and to pay ~II costs of collection, includinp a reasonable ~ttwney's fee in the event of any deiault hereunder, and Mreby severslly waives all benefit of homestead and exemption under th~ cantitution and laws of each State of the Uoited States, si against this obli9srion p any extensioei a renewal hereof. Wih,ess tl~ hand and seal of each party. , A:~y ' ~ ~ ~ ~ ' , ~ 8~ Lloyd ?aYlor ~ ' ~p SSE~?U $43.20 ' ' Clotilde F. Tayloz ~ ~ ' Stat~ ~Lvtr?w (=O~ 20~YAt!!'.~~~~t OaYQ . . NOW, THEREFORE, tM MORTGAGOR fw the pu~pose of securinp paymeM of Hid swn of S 28 •8~• 00 , and the p~?forman« of th~ cov~nenri u~d apreements Mreina(ler expresud. and for divcrs pood ~nd valv~bl~ consider~tions, by theae p~esa~+fa, does yr~nt, bu9ain, ul!, r~mise. rele~se, convey and conf~rm unto tF~e MORTGAGEE, its succeuors and aui9ns, ell tMt c.~nain b1, pieoe or parul of land, situat~, lyinp, u~d b~iny in th~ Camry o~ St . Lt~ le snd S~ate of Florida, desv]b~d a~ follows: , i l.ot 9 and south 20 feet of Lot 10, Block 3~ REVISE~ PLAT OF SOU?H 25th 5?REE? SUBDIVISIOi+i, as per piat thereof on file in Plat Book 11, page 46 of the public records of St. Lu~ie County, Florida By agreement of Mortgagor and Mortgagee on file ~with Mortgagee, the Mithin mortgage securea not only an existing indebtedness, but also ADVANCES to be ~REAF?BR made by Mortyagee to Mortgagor the aggregate of Mhich will equal the principal a~ount specifi¢d in the promissory note secured hereby. a~~o-s~~ G4 ~~o i ~ ' ~ ~~a~~-~~- ao~~-ooo ~ ' ~ - - - - - ~ ' S TAT F F L_ I i~ ~ # 'I ~~i DOCt,~i„ENTARY.". STl+ Y~P ' ! RE(~y~ - ~ i c-~ °p UEF'T~~F REYFNU't'''~~E;Js~, - - ~ ~ ~ • ~j ~ ~ Y . _ _ _ ~ J y ~ IN ~ ~ ~ ~ 4 3. Z 0 ~ o~ T~ ~ ~ ~ _ P8. ~ . ~A1-'7o ~ ~l'~~. ACTS ~ni e ~ o - , ~ CtfRK ~ER p9~-..~„ ~ 19)l. 1~ ~ CIT7CUfT Lt~..t:rf, ~1. t„~~ ~ ~ ~ . ~ C0 , Fu "s ~ toyetiier with •II a~d sinpular the tenement:, hereditamenei and ~ppurtances thtrwnro belonpinp a in anywise appert~ininp thtr~to, and aU rents, issws, ~ proceeds ard profits xvuirg and to acvue from s~id premises, all of whicfi ~re inctvd~d in ttw ~bov~ and forpoirq descriptan ~nd h~bendum. TO HAVE AND O NOID the above desvibed and gnnt~d premi~ umo fFw said MORTGAGEE, its sutces~on and ~uiyns fortw~. Md th~ s~id ~ MORTGAGOR fw - L e~r ~„s, executors, administrato~s ~nd auiyr?s, hereby covenant~ with Ihe s~id MORTGAGEE, its waeswn ~nd assfpna, they are ~ tMt lawfully seized of the said prsmius in fee simple; that tht sarrN sre frN, cleu and diuharyed from ~11 Ikro ~nd ~ntvn? ~ ~ bru~ces in law a in equiry, ~~+d that t he v will and t t1e 1 t hein shsll warrant a~d defsnd tM tilk to tM s~m~ to t!w s~ld ~ MORTGAGEE, its uxcessors and assigns, fwev~r ayainst the lawful cla~rtu and dema~di of all persons; ; s : PROVIDED, ALWAYS tF?at if the MORTGAGOR si?sll pay unto the MORTGAGEE tiw promistwy note htreinbefor~ desaibed and dwll truly, p~anp?ly ~ ~nd fully perforrt~, diuhar~, execute, compkte, comply with and ~bide by each and every the stip~lataro, ayre~menb, conditions and oovManls of ~sd ~ promiswry note and of this Mortpaye, then thi~ Mortyaye ~~d the Estate haeby created ~all uase and be null ~nd void. IT IS UNDERSTOOD that the word "MwtyaQor' whether in the sirgular or plwal anywhere in thit Mortg~ye. ~MII bt sinpular if on~ only and ~ shall be plurd jointly and sev~rally if mue than on~. ~nd that the word "their" ~s ufed ~nywh~r~ in this Mo~tyage shsll be taken fo mean "his," "h~n:' f~w or "its." whererer the canteat w impliet w admitt. Alw. th~t wherever the~e i• a refe.enc• in ~h. cannann and .preemenn her•in comaiewd w any of ~ t1~t parties hereto, the iams shall be constrved to mean ~s well at tM fieirs, 1e9a1 r~esentstives, waessws and ~ssipro (either volumary bp ~ct of fh~ paniea a inrol~Mary by operation of the Isw) of the ssme and thst the covcnanrs herein contained shstt bind ud ths ba~Kfin and advanlayp inur~ ~ ~ to ths respecfivs heirs. {e9~1 represe~utives, svccessors and ~~s~yrn of the puti~s hento. ~ ~ And s~id Nlortpspon, for themulves and their F?ei?s, leyal repres~nt~~ivd, wccessws and assip~s, hereby jointly ~nd ~tver~lly covtn~nt and prN ~ ; q~nd with the said MORTGAGEE, in successon ind ~ssi~ns: ! ~ 1. To pay sll ~r+d unpu4r tM principal and intaest and the variovs and sundry wms of mw~ey pay~bk by v'utw of said promissory noh, ~nd Nds ~ mat9ape, eacl+ ~rd ewry, promprly on ti+~ days respectively th~ same sev~rally betomt dw. G 2. To pay dl and iinpulN th~ uaes. ~ueumenn, levi~s, liabiliries, oblipsfions ~nd encvmbr~rxq uf every natun and kind now on s~id d~wib~d ~ ~ prop~rty, a thn hereaft~r ma b~ ' µp~p, ~ Y unposed, suffered. Plaud, kvied, a~uess~d thereon, w that h~rsaf~~? may b~ levisd a~sest~d vpon this ~ w tM indebtedneu ~ecwed hereby. ~sch ~nd evay, when dw aed pay~bl~, accwdinp to bw, b~for~ they becom~ deli~qusnt, w~d b~fw~ My 4q~rqt attatlu~ or any penalty ii incurred; ANO INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIED AND DISCHARGE~ OF } ~ RKOR~ AND TME ORIGINAL OFfIG1Al DOCUMENT (SUCH AS, FOR INSTANCE, iHE TAX RECEIPT OR THE SATtSFACTION pMER OfFICIAIIY ENOORSEC t ~ OR CERTIFIED) SHAII SE PtACED IN THE MANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEX1 AfTER PAYMENT; and in the ~vsnt th~t any fFNteof is nol ] ~ p+id, i~~ ~fied and discherged sa:d MORTGAGEE may ar sny time pay the isme or any pan theseof withovt w~iviry or ~f(ectiny ~ny option, Iisn, tq~iry or ~ ~ •~pht under w by virtue pf this mortyaye and the full amount of each and every such payment sh~ll be immediately dve and pay~bk and shall b~ar infe~esf ~ ~.om the date rhe.eof ~rt~t~l p~~d at r~te ol nine per cent~m p~r annum and toyether w~th such i~terest thall be secv~ed by the lien of th:f motptapt. • : , ~ ~ ~ : . ; _~z ~ _ . _ _ ~ = _ "