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3~0282
THIS INDENTURE. Made the 2Qth day of JL? . A.O. 19~ between
L1ovd Tagior and Clotiide F. Taylor, nis wife , T_
of St. Lucie ~ovnty Fior~da, hereinafte~ desg~ated as the "MORTGAGOR;' and ~IRSi FED~RAL SAVINGS AND IOAN
ASSOCIATION Of fORT PIERCE, a corporahon organ~zed and ex~u~r.g under the laws of the United Sta~QS of Americs a~d haviny ib principal p~ate of
businets in the City of Fort P~e+ce, St. luc~e Cou~ty, Fluida, hr.e+na(ter des~gnated as ths "MORiGAGEE."
Y~HEREAS the lNORTGAGOR is juatly ~ndebted to the MCRTGAGEE ~n the s~m of = ~~~n - n~- gocd and lawful mw~ey of the United
Statea advan:ed by the I~IORiGAGEE ur.to the MORiGAGOR, as evidenced by a certa~n promisswy note of even date herewith, of which the followinp in
wwds and fgures is a true copy, to-w~t:
7,~~~.~n No. 10022053
ForL Picrce~ Florida, July 2~ , 19 ~ 76
For alue neceiv~d, I, er eith~r of iis, prcmise to p_sy, without d~falr.ation,
to the o~•d=:r of FIRST ^EB~R4L SA;/~; :S A~JD I.OA?i ~SSOCIATICI~T Or FQFfP PI~RCE at Fnrt
Fierca, Ftorida, ths sum of $ 7, ~0 xith interest frcm date at the rate of
9• 0 ~ per ann~m, in ~ronthly installr:ents as follo~s : ~w ?7 . nn on the •
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~ 1Gth c?ay- o~ Se^ ~er?ber , 1% 75 atid a Ii;:e su~ ~n thn eorrespondin? ciay of'
~ eac~ ::~.n~r thereaft~r u;itil th~ whol~ b~ fully p~~id.
~ Each installr~nt fir .t shalZ b~ ap~lied in pa~~pn~. of th° 1TI'GP.TF':it an~ th~n or.
t~:f: u:z~~id balance o£ the prir.c :.5a1 sum. If dafaul t is r~ad~ in t1~ pa~-r:ent of an;~
in~;tallrr:nt whe:~ d'12~ and su~h ~~afault contint;e~ 30 da;~s, th^n at t'r.e option of the
~ htilder, ana ~aithrnat a~y o~her notice, aIl th~ renai:~in; instal2r.;~nts sha11 be d~i~ and
p~vzti?e a~ once. Privilege is piven to prepav this not~ in whole or in part at any
~ tir.~ w-ithcii~ penaltS. iteither forc~arar.~.e, nor accepta:~ce b,y the holder th:~reo`'
~ after a;~•,- de Fau~t in any pa~r.ent hereon, shall be d~P;-~d exter.:.ion. A lats pdyr:e:~t
~ CYl3*'~a of j 3• ; shall ~ a.,sessed the ~6th da.y a~' the ~:onth, i~' a regular
~ bL~ine~s da;~, or, if not a re~slsr bu~iness day, then the next busir.ess day, oa each
~ n~r.th? y ins talL.*~nt not then :
aceiveci.
~ Ear.h n-~?c>~r, surety and endorsQr hereof, jo;ntl,y and sevsi•ally, xaives Cenand,
~ pi~~sQnt„~:~~ pa•otest an~ notic~ of protest for nonpayr•~nt, and further agrees to any
~ c~t~ns~on of tirr: of payry.r.t, either be:fore or after maturity, witheut notice to any
af us; an~ to pay all costs of collection, including a reasor_ab2e attorney's fe~ in ~
~ ~r~e event of any ~fault h~reundsr, and herPb3~ severally Haives all b~nefit of_ hc.~~s- _ ~
~ ~L~~ad an~l exe:~~tian un~sr the ecr.stitution an~ Ia::s of each ~tate of the L'nit.~:d ~
5~a±c~s, as aE;ains this obligatio:~ or any extensic.n or r~neaal hnr~of. ~
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~ .~~iti=tv~'. C1J~:~72.^.c'.I1ti1T31 stamn~ ?1i 3 ~ ~ ~ ~ ~
t_ $u:4I,
~ a:-~:;znt of i1.2~ arc S/ Clotii~e : _a lor ~
~ Y (SEAI.)
a af'fir.ed to tha :^ortga~s secured
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