HomeMy WebLinkAbout0517 . ~ _ - _ _
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THIS IN~ENTURE, Mad~ tM 24th ~,y af MaZr ~ _ A.D. 19 bNwkn
Lloyd ?aylor and Clotilde F. aylor~ his wife
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of $t . I.{~C 1@ (p~~~y flotida, F?er~ir?~ftN d~siynated tM "MORTGAGOR," •nd FIRST FEOERAI SAVINGS ANO tOAN
ASSOCIA?ION Of fORT PIERCE. ~ oorporation oryaniud and ~xistinp undK tM I~wf oi ~h~ Unit~d 5~~~~s of Am~riu ~nd F~avinp its p~incipsl pl~p of }
bwinps In th~ Clty of fwt Pi«u, St. tuti~ Cou~ty, itorida, Mrtin~fta d~tiy~ated tM "MORTGAGEE." ~
WHEREAS tM MORTGACrOR it justly ind~bl~d to th~ INORTGAGEE in the sum of s 22 ~
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- ~0 ~ood u~d lawtul mon~y of 1M United
S~atN adv~nced by tM MORTGAGEE unto ~hs MORTGAGOR, ~vida~+ced by a cNta~n promiuory nois of even date Mrewith, of whlth tM fdlowi~p in i
words and fi~urN k ~ trw topY. to-wit: ' f
: 22,800.00 ~_10021936 '
F«t Pierc.. Flor~d.. May 24 ~q ?b
fw v~lut ~t:eiwd, 1, vw a eithsr of us, promise to pay, without de(slca~ion, to the order of fIRST fEDERAI SAVINGS AND IOAN ASSOCIATION OF
FORT PIERCE at Fwt Pieru, flwida, the sum of i 22 ~BO~• ~ with interest from date at the ra~e of 8• 7~ pN snnum, in mo~thty irqtall-
menb as followu = l~s • ~0 on the ?~~1 day of Sep BR~! , 19__~~ and a lik~ sum on ths correspa~dmy day of each mon~h thK~- {
afte~ umil tF?e wiwl~ b~ (ully paid.
E~ch iroallm~nt fint shill be applied in payme~t of the i~terest ~nd lhen on the unpaid bslance of the principal wm. If deiauh is nud~ in 1h~
payment of any inst~t~xm when due. and wch defaub continues ~0 days, then ~t ths option of the holder, and without ~~y other notice, all tlw r~maini~p
Installments shall be due snd payabk st once. Privilege ia given to prepay this note in whol~ w in put at any tirrw without penalty. Neither for~bt~rant~,
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nor acceptance by Ihe holder rhareof after any default in ~nY paymenta hereon, shall be deemed extension. A late paymem d~a~ye of S-~Q sMll b~ f
added to each in~tallment remsir~inp unpa~d 7 days after ib due date, u+d ~ like sum shall be sdded to esch such installment ranaininy unpaid 7 d~ya ~ftM
each succ~ecli^p P+Yment da».
E~ch maker, surety and endorser hereof, jointly and teverally, waives demand, presentment protest and notice of protest fot nonpayment, ~nd funMr
sgrep to a~y ~txtensio~ of ~ime of paymcm, either be(o~e w~her m~turity, without ratite fo any of us; and to pay alI coats of cottection, i~cludirp a
reasonable snwney i fee ~n the evcn~ ot any detauh hereunde~, and Mreby severelly waives all benefit of homestead snd exemption unde~ th~ constituYan ~
and laws of eech Spte of the United St~tes, as apainst this obli9ation or ~ny exte~twn a renewsl hereof.
Witn~st tM hand and seal of e~ch party. ~ 1~~
nvrw?~~c a~a0-:~~• ~G~*~~~' . /L.loYd Taylor ~
uc~ e~Y ~ o~~.~ G• SC C~0 - D~ Ta `s~?"
34.20 , S/Clotilde F. v o ~
St~tt ~eY«+~» .
ca+w+4. <.~..W.d-o~~w~iwF wo~e) • . . ;
NOW, THEREFORE, the MORTGAGOR fa ths purpose of secvrirp payment of s~id wA~ of ; 22 ~ a~• , and th~ p~rfwma~cs of th~
cova~ants and +~reertKnts ~1lfliMNN expreued, ~nd fw divers pood and vsluabl~ consideration~, by thM~ qesents, does prant, b~ryain, sell, remise,
release, convey and tonfirm unlo the MORTGAGEE, ih suctessws ~nd auigns, sll tMt cert~in bt. Fieu or p~rte! of land, titust~, lyinp, ~nd b~iny in tM
County of S t. l.UC 1 e , and Stah of Fbrida, described a~ follows: :
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Lot 5, and north 20 feet of Lot 6, Block 3,REVISED PLAT OF SOUfH 25th
STREE? SUBDIVISION, as per plat thereof on file in Plat Bobk 11, page
46 of the public zecords of St, l.ucie County, Florida
- By agzeeuent of Mortgagor and Moztgagee on file with Mortgagee,
the xithin 4ortgage secures not only an existing i~debtedness, ~
but also ADVANCBS to be HEREAFTER made by Mortgagee to Mortgagoz,
the aggregate of which will equal the principal amount specified ~
in the promissory note secured hereby.
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~ ~ :~TAi-E ~LO~F2i~~~ ~ s
~ ' DCCUMEidTARY.-._ STI~MP T:•>. ~ `~S~loC~
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j z~ O° DEPT. UF REVErtUE,
:,~.~'~E~s~ _ ~ DIE q1 CIASS ~ IKTM161B PfR$QriA( PROP~ItIY ~
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P~ =,.;;'~°-•1;; ~~"~r..,.~.~ j~ 3 4. Z~~ ~ANi TO ptMTER 71-134, AL7S OF 19T1. ~
~ = ~ ~ ~ ~ N06ER PORRA.S
~ . c~ cMant oqr~. sr. ca:?~ oo, F~,,~ ~ _
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~ toy~tMr with ~~I and singufu tFr tenernents, hered~taments and appurtarces tMrwnlo belwging a in anywise appsrtaininp thertto, and ~II rents, is~ws,
~ proceeds ~nd profin xcruiny ~nd to ~cuw irom said premises, all of whith ue induded ie~ the ~bov~ and fwpoi~g description ~++d Mbend~m.
~ 10 HAVE AND TO HOID rhe sbove described and 9ramed premis~s unto tF~e aid MORTGAGEE, its wcceswn and usipns foreva. Md t!r saW ;
r MORTGAGOR fa the 1= heirs, eaecutws, administrators snd •si ro, her ~
~ g eby tov~n~~b with ths s~id 1NORTGAGEE, iri suaeswrs and usipns, ~
~ that they d!e lawtully seized of tFw sa~d P.e.~~s.s in (e~ simpl~: th~t the sarrw ue frN, clear and discharped from all Ifens and ~ncun~ ~
~ branc~s in law a in eq~rity. .r,a r~T they will and the ir ~irs tl+all w~rrant and d~fend th~ fitle b tM ssaw ro Nw said ~
~ MORTGAGEE, ib succeuas snd aui9ns, forever aga+nst ths lawfvl cl~ims and demands of all perwro;
~ PROVIDED, ALWAYS that if 1Fw MORIGAGOR shall pay unto the MORTGAGEE tl~t promiuory rqtt hereinbefor~ described ~nd sMll ttuly, promptly ?
and fvlly perfo~m, d~scharye, execute, compkte, comply with and abide by c~ch ~nd eve?y the stip~lations, a~reementi, conditio~a and tovsn~nb of said S
; promissory note and of this JNortyape, then this Mutyage and ths Eatate hereby veated shall ce~se and be null and void. ;
Y It IS UNDERSTOOp tMt the wwd "Nbrtyago?" whether in the singular w plu~st anywFxre io this Mortyap~, sh+ll b~ sirgulu if on~ only ud
" sh~ll be plunl ioiMly and ~evcrally if mort tlun one, ~nd that the word "tF~eir' ss vsed anywher~ in th~s Nlatyape aF?dl be taken to m~an "his," "h~n,"
r w"ifs," wha~ver the context w implies a admits. Alw, tMt wherever there is • reference in the covenantf ~nd ayreemenb Mrein oontainsd ro u~y of :
the p~rties hereto, tl+~ same ~MII be coastrued ro mean +s well as tht hein, le9d rep~eseatdivd, wccessas and auipns (~ither voluntary by ~ct of th~ " j
, perti~s a imrolvntary by op~ration of the law) of the same and that the covenants herein contained sMll bind and the b~n~fits ~nd ~dv~ntsp~s irwr~ j~'~ y.
~ ro ths respecfiw hein. Iq~l representatives, sutcesson ~nd ass~yns of tM parti~s hereto. i
~ Md wid Morty~pon, fa themseFves and their heirs, legal represent~tives, wccessors and ~ssiyns, hereby jointly and sev~r~lly toven~nt ~nd pr~e F
a to u~d with tht ~aid MORTGAGEE, iq wccessora and ~ugns:
~ 1. To pay all and sirgul~r th~ principal and interest and the variovs and sundry wms of mone F
~ mwtpaQt. ~ach and wery, promptly on th~ d~yt respedively the same ~ev~rafly becom~ dw. Y~Yabie by virtw of said promiasory note. ~nd thb ~ f
~ 2. To pay all ud s~npulu tM axes, ass~ssrn~nq. Iwies, li~b~lirie~, obliyations u~d Mcwnbrance~ of w~ry natw~ ~nd kind now on s~id dNCr~d ~
~ property, a~Mt hereafter may be impo~ed, wffaed, placed, kvi~d, or aswssad thereon. a tMf I~e~her may b~ levied a~ues~sd ~pon this Mwtp~
~ sy~, a t?w ird~btedneu ~ecured her~by ~~ch ~nd ~very, whan dw ~nd pay~bk, accwdi~p to law, l»fo« they becoms delinqusnt, ~nd b~fon MY bltMlft ~i '
~ atNthes w aMr penalty is incwred; ANO INSOFAR AS ANY THEREQf IS OF RKORD THE SAME SHAII 6E PROMPTLY SATISFIE~ AND DISCHARGED Of
~ RECORD AND THE ORIGINAI OfFIC1At OOCUMENT (SUCH A5, FOR INSTANCE, THE TAX REtEIPT OR THE SATISfACTION PAPER OFfICIAIIY ENDORSE~ 1
~ OR CERTIFIEO) SNAtI BE PU1CE~ IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NfXT AFTER PAYMENT; and in t1n evem tMt a~y th~reof b rwt
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paid, satsfied and discharged sa:d MORTGAGEE may at any time pay tF~e same w any part thereof without waiving w affectinp any option, lien, eqeity a
~ •~aht unda or by virtue of thif mortgage a~d the 1u11 amo~nt of e~ch and every tuch p~yment shall be immedis•ely due and payabk and shall be~r interest
~~om the d~ft thsreof until p~id N rate oi nine per tentum per annum ~~d to9ethe? w~th s~ch interest ~hall be secured by the lien of th's ,morqtap~.
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