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THIS INDENTURE, Mad~ t!n 23rd ~y o~ .~11i~@ A.D. 19
76 b~1wNn
Lloyd YayloY and Clotilde P'. ?aYloY~ hia aife
• . ~
of SL • I.LIC @ ~y F~;~ ~~inafq? dpipnat~d a~ th~ "MORTGAGOR," ~nd fIRST fEDERAI SAVINGS ANO LOAN
ASSOCIA?ION OF FORT PIERCE. • oapor~tan apaniud and ~xiainp wula th~ Iww of Nw U~it~d St~t~s of Mark~ and Mvinp its p~incipal plat.~ of
buun~as in 1M City oi Fa1 PiKU, St. LvcN Co~ty, fbrtda, ~~ie~+itu d~spnat~d tM "MORTGAGEE."
WHEREAS th~ MORTGAGOR h jwtly Gwl~bt~d w th~ MORTGAGEE ia th~ sum of = 32 +~0 , good and l+wful money of tM U~~ted
S~~t~~ adva~c~d by the lNORTGAGEE w~to the MORTGAGOR si evidenced by • unai~ promiuory ~ot~ of QVM da~e herwvith, of whrch tM tollowinq In
wwd~ ~nd fipw~s b a trw copy, lawit:
= 32~ppp~pp ~~0021998
Fort Pierc~, florida. `1~e 23 1976
fa wlve nceirtd, I, w~ or eithtr of us, promise to p~y, without defalutio~, to tfie ordcr of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF
fORT PIERCE at Fwt Pi~ru, Flwida, the sum oi ~32 ~ with interest from date at ths rats o~ • 7S 96 per annum, i~ monthly instal6
ments ~s foilowi: = 2~ on the 20thd~y of October ~976 • and • like sum on ths correiporxl7ng day of esch month tl»rr
after until ths wlwls be fully paid.
Each insullmcnt firi~ ihall M appGed in paymsnt of 11» i~tereit ~nd then on the w+paid balance of ths prinupal svm. If de(auM i~ msd~ In tM ~
payment of any i~ntallment wMn dw. and such default co~tinues 30 daya, then at tM option of the holder, and without ~ny other r?otice, sll ths r~msininy ~
installmenn shall be due and payabk st onc~. Privil~ge is piven ro prepay this note in whole or in p+rt at any time without penalty. Neither faebtarantt,
rar +oc~ptanu by th~ holds~ thereof aft~t ~ny defavlt in any payments hereon, sMll b~ deemed exte~sion. A lats paymeM chary~ of ~13.20 shall b~
added lo each iestallment remaininp unpaid 7 day~ ~fte~ iri dw date, and a like sum shall be added ro each such instaltment re..~i~inp unpaid 7 days ahK
exh sutceeding paymenl d~ta ~
Each maker, surety +nd andorser ha~wf, iointly and :evaally, waives demand, prese~tment protest and notice of protest fw rwnpayment, s~d fwtha
sgrees to ~ny exleniion of time of paymeol, eithe~ before or siter maturity, witFwut notice to any of us; and ro pay +II costs of cotlectia~, i~cludnp •
reasonable andney's fee in the ~vent of any defautt hereunder, and hereby uverally waives all benefit of homestead a~d exemption u~der fM twutitutioe
and laws of exh Sute of tM United States, ~s apainst this obliy~tion w any extension d renewal herwf.
w~~~ ~h. ti.~,a ~,a .~i or .,~n p+.~r. S/ Lloyd 2aylor - c~?U ~
~ T~ ~
~ M Sa ?~r S/ Clotilde F. Tavlor ~
$48.00 . » - . _ _ (s~u1
( ~ St~t~ Revenw ~
(i~aw+'r ~radlad ~n ~yirNl~w}~ ~ ~
WYmeM of s~id sum of = ~nd the perform+nce of th~ i
NOW, THEREfORE, ths MORTGAGOR .(or 1M pwpose of s~c!ul 32 ~ O~. ~
covManq ~nd ~esma+~s her~inafta ~xpreased, and ior dvers pood and vslwbl~ cornider~tions, by tMs~ presu+ts, does yrant, bar~ain, ~ell. r~enis~, j
reirass, convey and co~firm umo tM 11110RTGAGEE, ib succeswrs ~nd assgns, ~11 th~t cert~in lot, piea a p~rcel of land, sitwtt, lyinp, ~nd be:np in th~ j
~ St. LUC1@ _ u~ State of Flo+id+, dacrib~d u follow~: ~
t
t
Lot 11, less the south 40 feet thereof and all of i.ot 12, Block 3, RBVISBD ~
PLAT OF 90UTH 25th STRGBT SUBDIVISION, according to the plat thereof re~ ~
corded in Pl~?t Book 11, page 46, of the public records of St. Lucie County, ~
RloY ida. ~vr!~~~ ~ S
~o~~Y ~ -SD~-U~s~ dOl~
N STATE ~F FLOR~~A~ ~ . %~nPAYME~~T~
~Z DOCUMENTARY~,STL?MP j a a I R~ p~SpnRt PRO~n,
o ~ tNTAtIGIBI.E
c-~ DEPL (1F REYE~iUE ' CI~SS ~ 71-~~. ~S OF 1`3l1.
~C - - JUM25'IE i~~~Y ~ 8. Q O~ P1IRSIW~ ~ POIIIM.S FlA
'I " u' - ~a + ~ i ~1 ~i S~. U1t:~E C~-. ~
. . . m ~ 1 ! 102 '~1.~~( ' ~
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° By aqreement of Mortgagor and Mortgagee on f ile ~
with Mortgagee, the within moYtgage secures not
only an existing indebtedness, but also ADVANCES
to be HBRBAFTBR made by Mortgagee to MortgagoY ~
the aggregate of which will equa:l the principal ~ I
aaount specif ied in the promissory note secured ;
hereby. ~
. ;
. ~
toyether w~th all snd s'agul+r the tenemen», hereditaments snd appwtances tMreunto belaginy w in anywae appe?Nininp thtrNo, and all r~nts, bsu~s,
proceeds and p~ofin aaruiny snd to aarue from said pemises, dl of whid~ ue included in fhe above ~nd forepoinp description and habsndum.
~ TO HAVE AND TO HOW ths ~bove desaib~d and yrant~d p.emises uneo ~Iw ~aid MORTGAGEE, its successors and asspr~s fw~v~. Md t!» sald
their
MORTGAGOR fw hein, e:ecuton, adminisrr~tors and ~uigro, hereby covenan~s with tM said MORTGAGEE, ib succ~swn ~nd auipns.
rhat they are ~~,,,,Eully se~zed of tl» said prem~ses in fN irnpls; tMt the ~ame ue frN, clear and dixharped from ~II lient and ~nu+n?~
~ brances in law a in equity, and ths+ they will and their heirs sMll warrant aid defend th~ titl~ to tFK sams fo tM s~W
~ MORTGAGEE, i» iucceuors and auiy~s, faever aysirut the lawfvl claims a~d d~.nands of all persoroj
PROVIDED, AlWAYS /Mt if tM MORTGAGOR shall p~y ~nto the MOR?G11GEE the promissory not~ hersinbefor~ described and shsll trvly, promptly `
~ and fully perfam, d~schar9e, execute, complete, compty with ~nd sbide by each and ~v~ry the stipul~tio~s, ayree,?wnts, wnditioro and oov~nanb of s~id
~s~' promiuory rate ~nd of this Morty+pe, then this Mort9~pe and the Estate hereby ve+ted shall ua~e and be null and void.
~ IT IS UNDERSTOOD tMt the wad "Mwt~apor" whether in the ~inpular or plw~l anywMr~ in this Mwtgape, sMll be sinpulu if a+e only and
~ shatl be plurd jointly and wveraly ff mw~ th~n one. and Ihat the word "their' as used anywhere in thia Mwtya~ sh~ll b~ qken to me~n "hb," "hKS," i
~ w"in," wherever the cont~x~ w implies w ~dmits. Alto, that wherever ther~ is a reference in th~ covenan» ~~d apreemenb her~in oontairyd to ~ny of ,z, ~
the parties hereto, tAe ~ shall be con~trued to mean a well n tM heks, le~al r~presentatives, sucusson and ~uipro (eNhe~ volunl~M by ~ct of Hx r~r]
parties a involu~tary by opersYan of the law) of tF~e s~me and tb+t the cwen+nn her~in contained sh+ll bind .nd ihe b.nefin and advMfap~s Mu.~ #
~ ro th~ raspectiw heirs, lepal representatives. wccessors and ~u~gro of th~ pa?tia het~to.
~ Md uid Mortypors, fw themwl-res and their F~ein, kyal reprsientatives, s~ccsssas ~nd aui~ns, hereby jointly and swer~lly cov~n~nt ~nd aprK ~
~ to a~d wirh rM ssid MORTGAGEE, its s_KCessas ~nd aaipro: ~ s
i. To pay ~II and siigvl~r th~ prindpsl and interest ~nd tM vuian and sw~dry wms of money paY~ble by virtue of wid promissory nob, and this ~
~ morty+pt. ~ach and ewry. Womptly on tFw days respectively tM tame sever~lly betane due.
2. To par ~11 ~rd sinpvlx the t~xa. ~susunann, kvies, li~bilifies, obliyations ~~d ~ncvmbranus of every rwtun and kind now oe s~id dwcrib~d ~
Wop~rfY, o~ tMt hataher may bt irnpos~d, wffa~d. Pbced. Iwkd, or ~ w s t e d t h erwn, a t Mt b trufta may b~ kv i~ d a~s~essad upon this M
o r t
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a~, w t!w ind~bt~u secvr~d hereby, ach and w~ry, wh~n dw +nd Wy+ble. ~ccordinp to law, b~fore they become d~linq~r~nt, and b~fa~ aery? iM~r~st ~
~ an~ches a~ny penalty a irx~rred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SNAII SE PRO1NPTlY SATISFIEO AND DISCHARGED OF
RKORD AND THE ORIGINAI OFiIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RKEIPT OR THE SATISfACT10N PAPER OFFICIAUY ENOORSED
OR CERTIFlED) SHAII BE PUCED 1N THf HANDS Of SAIO N10RTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENTj ~nd in tFN event that any tFw~eof Is ewt
~ paid, sat'sfied and diicharged sa:d MORTGAGEE may at any time pay the same w any part thereof withovt w+iviny w•ffecrin9 any option, lien, equity a ,
•~qht onder w by virtue of th~i mortyaye ~nd the full amount of esch snd every wcfi psyme~t shall be immediat~ly dw and payabk ~nd shall b~ar int~?qt
_~rom the dat~ thereof until paid at rate of ni~e per untum per ~nnum ~nd toyether with such interfst sF+all be secured by fM lien o~ th:s morytp~.
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