HomeMy WebLinkAbout0147 3f~a31
THIS INDENTURE. Mad~ th~ 11 t'h , d~y of x8'~+ ' A.D. 19?? betwKn
L o~d Tay~or dc Clo i de T~ or,~Fiis ~e
of • uC e CouMy Ftotida, Mreinait~r d~sign~~ed at ~he "MORTGAGOR,"T~nd fIRST FEDERAI SAVINGS ANO IOAN
ASSOCIATION OF fORT PIERCE. • corpa~fion or9anitrd and ex~~tinp unda ~M I~w~ of tM Un~ted S~~t~s of Am~ric~ ~nd Mvinp its principa) p~~c~ of
buur?ess in tM Ciry o/ Wr1 Pi~rc~. S~. luci~ County. Fiaida, hareinsfter desipna~~d tM "A~pJ'At'sE~'.
WHEREAS 1M MORTGAGOR is justly indebted to 1M MORTGRGEE in tM sum of j_ ~7 V V good ~nd ~~wiul mon~y o1 1h~ United
Stet~f adv~nced by tM MORiG~.GEE umo th~ MORIGAGOR, es avidencrd by a cer~~i~ prom~ssory ~ote of even date he~ow~th, of which tM lolbwinp in
wad~ ~nd fipurN i~ • t.w copy. ~o-wit:
S 65. o00 . o~ No_ oi-2~oii23o
Fo~t Pierce. Flaida. --M~• 11 . 19 L1_
fw value rece+ved, i, we, o~ either of u~, p~om~se ~~~~.~ri+}put,tLafalcai~on. ~o the orda of fIRST FEOERAL SAVINGS AND LOAN ASSOCIATION
l~l~V VV
Of fORT PIERCE at Fwt P~erce. Flaida. Sh7eA ~p S wi~h interest irom date at the rats o( 9'o per annum. in
6 ,
monrhly insfallments as follows: S i o~ the 10~h day of __July 19_~~ aod a like tium o0
~he corresponding day of eech mw~th thr~eaf?er until the whole be (ully peid.
Each inaullmrm firs~ shall be applied in pay~+~ent oF the in~erest and then on 1he unpa~d balance of ~he pnncipal sum. 1( defaul~ ~s made
,n 1hQ payment ol any instal:rtient when dua, and s~ch deiauh co~tinues 30 days, thsn at the option oi the ho:der, •nd wi~ho~1 any othcr no~ice,
all the remaini~g installmenis sha~l be d~e and payaLle at oace. Privilege i~ giv~n 1o prepay this note in whole o~ in part +t +nY ~me W~'~v~~
penslty. Ne~ther iwbeararsc~.nplaccep~ance by ~he holder thercaf aft~r ~ny defa~lf in any payment hereon, sha~~ oe deemed extension. A Iste
paymeol charge oi s-- ~ ys----- sha~l be esu»ed the 26~h d~y of the mon~h, ~f a reg~ler business day, a, ~f no~ a ~egul~r buslness da~,
~hen the nea~ bus~ncss day, on each mo~thly ~naral:ment no~ th~n ?~ceived.
Each maker, sure~y and er:dwsen c~reof, jantly and se~erally, waives demand, presentmr+t protesr and not~ce of protest fw nonparmenl, and
f~rthe? agrees ~o any extrnsion of t~me of payment, eithe~ before or after mat~rity, wi~houf not~ce to any of us; and to pay a!1 costs of collettion,
~~duding s reasonable enorney's fee in the evenf of any de(auft hereurder, and hereby severally waives all benefif of homeftead and eaemption unde~
rhe constitution ar.d laws of each State of the Unired States, a~ ayainst this oblig~tion a any extens~on or re~ewal hereof.
s/Lloyd T~ylor ~sEA~~
--g/ ~i10~i'~ae .~8,y102' (SEAU
ofafs do~~Cn(~rY uamps in the amoune -
, >p (SEAU
are
affixed to tht morty+p~ tttur~d h~rtby -
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NOW, iHEREFORE, the MORTGAGOR for the purpoie of securinfl paymen~ oi ~a~d sum oi i ~nd tM pe+fam+nc~ of ths
covanants and ay~eemcots hereinatter expressrd, and fw d~vers good •nd vafu~ble tonside~~tiau, 6y thes~ presentf, does qnnt, baryain, sell, ~emise,
release, convey and toniirm unfo the MORTGAGEE, ifs auccessors and +uigns, ail that ceruin lot, piete or puul of land, tituate, (ying, and beirg in tM
County of `St. I'uCiA and Srate of Florida, dewibed as fdlowt:
Lots 1, 7 and that part of Lot 10 which lies north of
Delaware Avenue, Block 15, CARLTON~3 ADDITION, According
to the plat thereof on file in Plat Book 1, page 168, public
records of St. Lucie County, Florida.
By agreement of Mortgagor and Mortgagee on file with
Mortgagee, the Within mortgage secures not only an eaisting
indebtedness, but also ADVANCES to be H~EtFsAF'T$R made by
Mortgagee to Mortgagor the aggregate oP which will equel
! the pFincipal amount speciPied in the promissory note
' secured hereby.
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z.- : - , ; ; 1 , ~ ~ON CU?SS 'C 1NTIINGIBL~ t~ 19
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i~ c_ i.: M. F ~i T~~ F{ Y ti.I i: lr`: i' ' ~ ~ pURSUAl1T t0 ~ ro~~ ~
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+.-,geiher w~tA all u~d aingular the tenememf, hereditaments and appun~nccs thereunto belw~yiny w in ~nywise ~ppKtai»iny tF~er~to. •nd dl r~nt~, iuuts.
c~«eeds ~nd p.of~n acuuing snd to acuue from said premises, all of wFirch are irxluded in. the above ~nd fwpoin~ desaiption and Mbe~dum.
TO HAVE AND TOt1,}Oeir abwe deuribed and gr~nted premises unto the said MORTGAGEE, its suctessws snd assipns fotevN. Md tM s+id
.'ORTGA R fw !1 he~n, executws, administrators and •ssigns, hereby covenants with the taid N10RTCaAGEE, ib suttesson +nd assipro.
~raf -~e-~- gre- lawlully x~zed of ~he ~aid premises in fce simple; that the same ~~e fre~, cleu ~nd discharged fram all liens ~nd ~ncurrf
: _rances in Iaw or in equity, and tMt they will ~nd thA~2' heirt shall wa~raM and def~nd the titlt ro the s~m~ to tM s+id ~O
~ ~tORTGAGEE, it~ succeuon snd ass;gns, fwever against the lawful claims and demands of all pe:wro; p
~
PROVIDEO, AIWAYS that if the MORTGAGOR shall pay unto the MORTGAGEf the p~omissory note hereinbefor~ dewib~d and thal! truly, p~omptly ~
e~d fully pertwm, diuharge, e~cecute, compkte, comply with and abide by esch and every the stipulations, agreements, condiians and coven~nti of said ~
~ c.~omissory note and of this Mongage, then' this Mwtyage and the Eitete hereby created ~hall ce~se and be nuil and wid. ~
~ IT IS UNDERSTOOD thst the word "Mort whether in the ti ul~r o~ w+l he?e in th~s Mwt tfiall be ~i uli~ ii one onl ~nd ~
9+9a~~ ^9 P~. Yr+ 9+9e. Y
~ ~h~lt be plural joimly •nd ieverslly if more than one, and that the word '~heii' as used anywher~ in this Mortpaye shall be t~ken ro mean "his;• ••hen;'
cr "its," wherever the context so ~mplies w sdmits. Alw, thst wherever there is • reFerence in the covensntf and ~greemenq herein cont+ined to any of p
~he parties herero, the same shall be construed ?o mean ai well ss the heirs, leysl repreuntdivd, successws ~nd atsipns (either voluntary by act of the m
perries or involuntary by operstion of the law) oi the same +nd that the covenantt hc~ein cont~ined sh~ll bind ~nd the benefits a~d adv~nta9es i~ur~
!o the re~pective Min, 1e9a1 represer.latives, wtceswrs and ass~gns of the pa?tie~ hereto. ~
And said AAwtgagora, ior themselves and thei~ heirs, tegd representatives, succ~ssas and auiynt, hereby jointly and sever+lly coven+nt ~nd pree ~
~ ~o and with the asid MORTGAGEE, its successori end ass~qns: ~
1. To pay •II and sirpular tM prirxipat snd iMerest and tFx ~various and sundry sums of maxy pay~ble by virtve of ssid promissory note, ~nd this
~nortga9e, each and every, promptly on tM days respedrvely the same severally become due.
~ 2. To pay •II ~nd u~pvta. the uxcs, ~uessmemt, tevies, I~~b~lit~es, obli~stiwis and encumbrances o( every nature and kind now on said described
p.operty, p 1Mt heresfter may be imposad, suffered, plxed, levied, or ~ssessed thereon, a that htreaftN msy be lev'~ed a~~seued ~pon this Mat¢
age, or tFw indtbtedneu secured F~ereby, each ind everY, when dire ~nd payable. accadinp to law, btfore th~y become delinque~t, and be~or~ ~ny int~r~st
a<<aches or ~ny penalty is incurrcd; AND INSOFAR AS ANY 1HEREOf IS OF RKORD THE SAME SHAII 8E PROMPitY SATISftED AND DISCMARGE~ Of
RECORD AN~ THE ORIGINAL OifIC1At ~OCUMENT (SUCH AS, FOR INSTANCE, THE TAX- RECEIPT OR THE SATlSFACTION PAPER OfFICIAIIY ENDORSED
OR CERTIFIED) SMALL 6E PIACED IN THE MANDS Of SAIO MORTG!1GEE WITMIN TEN DAYS NE%T AfTER PAYMENT; and in the ~vent that any thereof is not
pa~d, ssYSfied and dixharged sa:d MORTGAGEE may st ~ny ~ime pay the •.+ne w•n~ pan ~he.eof without wsiving or affectinp any optio~. lien, eq~ity u
•~qht ~nder or by virtue of this mortgage snd the f~ll amo~nt of each and every such payment ~hall be immed~atety due and psyabie ar+d shall bear interest
~~om the d~te tF+~reoi until pa~d at rs+e of nme per cenrum per •n~um •nd toye+her w~th s~th interest shell be secu.ed by +he iien of rh:• morg~a~.