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- TNIS INDENTURE, Mada ~he 21 S t day of nta~~ , q.p, 19 7 5, bctw~en
Llayd Taylor_~nd Clotilde__F. Tay_lor1_his wife
~ S~, . Lucie '
of Co~nfy Florida, herainafiler_ 8rs~~rateJ an the "MORTGAGOR," and F~RST fEbEkAI SAVINGS AND IOAN
ASSOCIAitON OF FORi PlERCE, a co~poraNon organixed and existing undar fhe la~.vs of Ihe• United Statps of Ameri<a end ha~ing i~s principal place of ~
b~siness fn Ihe City oi Fort Pierce, St. L~cie Co~nty, florida, hereinafler designoted as the 'YdORlGAGEE:'
. \VHEREAS the MORTGAGOR is justly indebted to ~he h10RTGAGEE in tho wm af S?~i4O~• good and Iaw(u! ~noney of the Un~1ed
States adva~ced by the 7.10RTG~GEE unto the h10R1GAGOR, as ev~denced by a certa~n promissory note of even date here~vith; of wh:sh the (oltowing in
~i•ords and figures is a trve copy, to-w~h
~ 20s~10U~_00 _ no__1QOZ1~SiQ
. . - fort Pierce, Florida, h~~ 21 • 19 7 S
Fcr va!ue reteiveJ, I, ~c~ or ei~her oi ~s, Eror, :s~ to pay, without deta!cation, to~the order of FIRST fEDERAi SAVINGS AND IOAN ASSOCIATION OF ~
FORT PIERCE dl FJit Piarce, Ftorida, the sum of 3___ 2O t~~~• .ti.th in!crrst from dafe at th~ ra!e of 75`;•o per annum, in monthly inslall-
ments a3 fol!ov~s: S- 1fi~ •-0O on th~ 20th ~aY o~ 5eptember_, ~q,_ 75 and a like wm on the corresponding day of each month there-
after ~ntil th~ who!e be fully paid. _ '
- Each instaliment first shall be applied in payment of the in!erest and tl~cn on the unpaid Ualance of thz princ~pr) sum. If defaulf is made in the
paymeat of any inataltment when due, and such defaulf continues 3G days, then at tna option of the ho~de~, and without any ovher notice, all the remaining
ins:allments sha!I be due and payablc at oncc. Privile~~ is given to prepay this note in whole or in part at any time w:ttsouf penatty. NeithPr forebearante,
~ nor acceplance by the holder trtereof after any default in any peyman~s h~reo~, shall be deemed ex?ensicn. A latc payment charge of S~~4-. shall be
added to each instatlment remaining unpa;d % days after i!s dua date, and a lil~e su~n shali br ad~eJ to each such installment reroaining unpa+d 7 days after
each succeeding payment date.
Each maker, wrcty and endorser hereof, jointty and severatly, waives de~nand, presentment protest and noli:e of protest fur nonpayme~f, and further
agrees to any extens~on of time of payme~it, either b_fore er aiter maturity, without not~ce to any of us; and to pay aU costs of collection, inctuding a _
~easonable atromey's fec in the event of any defaufl hereunder, and hereby s~veralty •.vaives ai! benelit of homestead and ezzmption ur.der the constifution
and laws of-eacfi State of the United States, az against Ihis obligation or any extens~on or renewal he~eof.
Witness th~ hand and seal of cach pany. -
_ . . - S/ Lloyd T~,ylor (SEAI)
" (SEAI)
- ' S~ CIOL l ICjQ F. Taylor (SEAL)
$30.60 - (s~+U ~ ;
State Reven~e i
~167fi~d~i~iG~~~,~4~~G~S~S ;
20 400.00 = '
NO'N, THEREFORE, the h10RTGAGOR for the pur~>ose of securing payment of said sum of S ~ , and tha performance of 1he . i
covenaNS ancl agreements hereinafter expressed, and for divers good and valuable ccns;d~r5tions, by these presents, dces grant, bargain, se11, remisa,
refease, cenvey and co~ifirm umo tne R!ORiGAGEE, its successors and assigns, ali that certain lot, piece or pareel of land, situate, lying, and being in the '
i
County of St . i-UC1@ _ and State of Nerida, dexribed as follows:
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- o?yao-~vy-oos7=ocb/7
- - a~ao-~oy-oo~s~-oaa/y _ .
- Lot 1 and Lot 2, LESS South 45 feet, E31ock 4, South 25th Street
Subdivision, as per plat thereof on file in Pl.at Book 11, page " _
46 of the public records of St. Lu_cie County, Elorida " ~
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togetFer ~vith al~ and singular the te~ements, hered~taments and appur)ances thereunto belonging or in anywise appertaining thereto, and all rents, ~ss~es,
~ proceeds and profits accruir~g and to accrue from said premises, all of which tre included in t~ above and ioregoing description and habendum.
TO HAVE A.ND TO HOLD the above described and granted premises unto the iaid MORTGAGEE, its successws and afsigns forever. And the ssid
MORTGAGOR for -~,~~-r------ heirs, executors, administrators and as:i~ns, Fe~eby covenants wiyh the said M~RTGAGEE, its svccessors and a~ilgra, ~
lhat ---t~- are law(ully seized of'the said premises in fee simple; that the sarrre aro free, clear and distharged from all liens and enturtr f
b~ances in la~v or in equity, and that~~ w~ll and their _ t,e~?s shal! warrant and defend the title to the same to the said ~
- ;J10RTGAGEE, its successors and assigns, forever against the lawfut ctaims and_demands of all personr, _ ~
PROVIDED, ALYJAYS that if the N.ORTGAGOR shall pay unto the /~IORTGAGEE the promissory note he;einbefore desuibed and shsll truly, promptly - }
and fully perform, d~scharge, execute, campfete, comply vrith and ab:de by each and every the stipulalions, agreements, conditions and covena~ts of taid ~
prom;ssory note and of this l,~ortgage, then this Mortgage and the Estate hereby created shali ce~se a~d be nvll and void.
IT IS UNDERSTOOD that the word °Mortgagor" whether in the singutar or plvral anyvthere in this Mortgsge, shall be sing~lar if one only and
shall be plural jointly and severrlly if mare than one,~and that the word "~heir" as used anywhere in this Mortgage shall be taken fo mean "h~~;"'hers;' l..~ !
or "its;' +~herever the context so imp!ies or admits. Also, that wherever there is a reference in the cover.ants and agreements herei~ contained to any of ~
the parties hereto, the same shall be construed to mean as well as the heirs, legal representativss, successors and ass'~gns (either volvntary by ect of the
oarties or invoivntary by operation of the law) of the same and that fhe covenaots he~ein cont~ined shall bind and the benefiti and advantage• fnure
_ to the respective he;rs, legal reprAsentatives, successors and ass~gns of. the pa?ties hereto. -
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And said Mortgagors, for themselves and their heirs, legal represer~tatives, successots and assigns, hereby jointly and severally tovenant and tyree ~
to and with the said MORTGAGEE, its successws and assigns: _
- 1. To pay all and singvlar the principal and interest and the various and sundry svms of money payable by virtue of said promissoty note, and thit a~.
morlgage, each and e~rery, promptly on 1he days respectively the sar~e severaUy become due. eY~
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2. To pay all end singular the taices, assessments, levies, (iabitities, obligarions and encumbrancei of evety nature and kind now on said described ~
prope?ty, w that he~eafter may. be .impo:ed, suffered, placed, levied, or assessed thereon, or that hereafter may be levied w assessed ~pon this Morty-
age, ar the indebfedness secvred hereby, each and every, whrn due and payable, acco:ding ~o law, before they become deli~quent, and before any interest 'Y~
attaches or any pe~aUy is incurred; ANO INSOFA2 AS ANY THEREOF IS Of RKORD THE SA1dE SHAII BE PROMPiLY SATISFIED AND D15CHARGED OF om
RE~ORO AND THE ORIGlhAI OFfICIAI UOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACTION PAPER OFFICIAIIY ENDORSED
OR CERtIf1EU) SHALL 6E PtACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NcXT AFTER PAYMENT; and in the event that any t!serecf it r.ci "
paid, sat's(ied and discha~ged sa:d tAORTGAGEE may ae any time pay the same or any ptrt thereof without waiving ot atfecting any aption, lien, equiTy or ~
~ •iqht ~~nder or by.virtue of ih~s rnortgage and the full amount of each and every :uch paymeM shall be immediarely due and oayable and shall bear intarest
fror.i the date thereof vntil pa~d at rate oF n;ne per centum per annom and togethe~ w~th such interesl shall be secured by the lien of th:s moratage.