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Home My WebLink About2368 . - p p~ ~ ~ . r~~~U - ,t TNIS INp@NTURE. /~tade thc 21St day af _ ~1ay ~~.D. 19 ~5 between ~ Lloyd Taylor and Clotilde F. Taylar, his wife of St . I-UC 1@ , Counfy Florida, hereinaher dts~gnated as ihp "A10RTGAGOR," and FIRST FfDERAI SAVINGS AND IOAN ASSCCIATtON pf FORY PIERCE, a corporation organized and exi~ting und,zr.. fhe ?aws of tl+e United Ssatas of America and having iti principal place of bvsiness in the City of Forl Pierce, St. lucie County, Fiorida, hereinaher dQsignat¢d ae iha "lt10RTvAGEE;'_ " ~ WNEREAS the h10RTGAGOR is jusily indeb~ed to Ihe MORTGAGEE in ihe sum of S_ 20~~OO~OU quod and lawfvl money of the Un~ted States advanced by the t~1GRiGAGEE unto th~'MORTGAGOk, as evi~lencad by a certa~n promissory nate of even date here~ith, oF whlch the following in words and fig~res ii a irue topy, ta~.vil: _ S 20~400.OQ__ May 21, No - . Fort Plerce, florida, 19 _ For valua reteivzd. 1. \Y[ or cither of us, promise to pay, without defalcalion, io the prd~r of FIFST fEDERAL SAVINGS AND tOAN ASSOGATION OF FORT PIERCE al _forf Pirrce, FIJfi(~3~ the swn oi S_ f 400--00 ~n.~tt~ interest fre~n date at Ihe rat~ of~ •?S °,o pe~ annum, in manthly inslall- ~ menls as foCo.vs: S 16~ •O0 - cn !ha?Oth_ day ot September.__, ~9__7S_ and a like wm on the corresponding day of each moMh thare- after uNil the •.vho~e be fully paid. _ . • Each instaltmznt firsf shall be applied in payment of ~hc interest ancl the~ on th~: ~npa~d balance of the prindpa) sum. tf default is msde in tho payment nf any installment .vhen due, and sud~ d_fnult tontin~es 30 days, then at tha opt~on of the Fo~de~, and without any othcr ~otite, all the remaining inslallments shall be due and pay~ble ~t oncr. Privilege is g~ven to prepay this note in v~ho!e or in part at any time without penalty. Neither forebearance, nor acceptance by the holda: thereof a(te: any defaut: in any payments hereon, s~~aH be dcemed extension. A late payment tharge of S- 8• 40 , shnll be added to 2ech instaltmeM remaini~g unpaid 7 d~ys affc• its due da1e, and a like su~n siiail be addad lo each such installmeM remaining unpaid 7 days aft~r each succeed~ng paymenr da+e. Each maker, surety and enderser hereof, joinlly and severally, wa~ves demanJ, pres~ntment protest and notice af protesl for nonpayment, and further • agreei to any extens~on of iime of p~ymcnt, either brfore or after maturiry, witt:out nor,ce to any of us; and to pay all costs of co!lection, induding a . reazor.ab!e attorney's fee in tht~ event of any dafault hereun~er, and hereby severat!y ~vaives ali benefit of homeslead and exemption under the constitution and lavrs of each State of thc Un~ted S~ates, as againsr this obligation o~ any exrensien or renev+al Fe:eof. ' Witness the hand and seal oF each partv. ~ ~ ~ _~f Llovd Taylor ~seA~) (SEAI) ~ S/ C~otilde F. Taylor (SEAL) $30 . 60 cs~i~ ( State Revenue - . . ~ o _ ?Q3Q[~i1CYaliD6DWU6~C7i~Ea1CDQ'61i~C - - NO'•N, THEREFORE, the IAORTGAGOR for 1he pwpcse of securing paymer.t of said sum of $ - 2O. 400. ~0 , and the performance of the covenants and agreements hereinaftzr expressed, ar.d for ciivers good and valuabfe considerations, by these presents, dces g~ant, bargain, ;ell, remise,, release, convey arid-confirrn vnto the MORTGAGEE, its successors and assi9ns, al! ~h31 certain lot, piece or parcel of land, situate, tying, and being in tha Cou~ty of St . 1'uC1Q _ , and State of Ploiida, des*_sibed as follovvs: ~ South 45 feet of Lot 2 and Lot 3, LESS South 30 feet, Block 4, South 25th Street Subdivision,-as per plat thereof on file in Plat ~ook 11, pag2 46. of the public records of St, Lucie County, Florida. ~ - - - a yo ~-Soy- oo-s8-ooo/5` ayoy-~oy-oosy-ooa~i . . ~~x~; - . _ • ' ' : l ~ ~ ~i Qt+'~~`~ ~ ~ ~ ~ ~,C'~ ~ ~ - , ~e~,R~s ,~F ~ Y . _ _ 5~-'~ ~ ~ ~ 1~ \N`PN~~ P~ ~ c~~- ~ ~ `s ~ ,~`\Etyt A~?~`f ~ n C~ ~ ~ . ~~~,~~E~~~~SS'~ ~~F-R Q4~V,y;,~~ " - < - ~ t}G : rF «i r~~F - ~ ~ v- k R,~~p~. ~ ~o ~fA~.~( ~ St. ~ ~ ~ ~ 1- ` .Y _ i _`~~I•F u . . . . ~_.tt11 `J'r" - ~ - . v ~ ~ ~ `~,i"12 ~ - ,A~ ; - ' C~~\j ~„b _ ~ ~ - r. ~ _ ~ ? = Ye ~ ~4~tX ~jd~' _ . - - ~ r• `?l.f.-~ _ . ' . . - ~ ~ . . . _ ~ ~ _ - , - ~ - . - ~ ~ . ) ~I , . . . " 'f j ~ } ~ S ~ together with ail and sinaular the ter.ements, hereditaments a~d appurtances thereunto belonging or in anywise appertaining thereto, and_aIl renis, issues, _ ~ proceeds and Frotits accruinq and to accrue from sa~d prem~ses, a!1 of which are included in the above and foregoing description and habendum. ~ TO HlaVE AND TO HOID ihe above described and granted prem~ses umo the said MORTGAGEE, its saccessors and assi~ns forever. And the said ~ ~ MORTGAGOR for the i.r ~,a~rs,_execvrors, administratora and ass;gns, hereby covenanls with the said MORTGAvfE, its suttessors and assign~, that -xhe-~-are- - lawfully seized of the said premises in fee .simple; Inat the same are ~ree, dear and discharged from all liens and entvm- , j _ brances in law or in equ~ty, and sh~~ t he y W;~~ and ~ he 1 Y heirs shall warrant and defend the title to the same to the said j MORTGAGEE, its suttessors and assigns, forever againsl the lawful claimn and demands of sll persons; - PROVIDED, ALYJAYS that if the 1hORTGAG6R shall pay unto the M~RTGAGEE the prcmis:cry note heroinbefore desvibed and shall trufy, promptly ~ ~ and fully pe~form, d~scharge, execute, complete, comply with and abide by each and every the stipulations, agre~ments, conditions and covenants of ssid E prom~ssory r.ote and ot this :lartgage, the~ this Mortgage ard the Esta:e he:eby created shall cease and be null and void. ~ IT IS UNDERSTOOD that Ihe word "Mortgagor" whether in the s~ngular or plural anywhete in ihis Morfgage, shal! be singular if one only and ~ shall k.e plural jointly and severally if m.sre than one, and that the v~ord "their" as used anywfiere in this Mortgage sha11 be taken to mean "his," "herf," s or "its," v~herever the context so i:nplies or admits_ Also, that wherever there is a reference in the covenants and agreements herein contair.ed to nny of ~ the parties hereto, the same shall be constroed to mean as well ti the heirs, Itgal representatives, sutcessors and assigns (either volv~tary by act af the /y~ parties or involuntary by operation of the law) ofi the same a~d that the covznants herein contained shell bind and the benefits and advantages inure C~ to the respective heir~, '-gal representatives, successors and ass~gns of the parties hereto. ~ ~~yy..~~ And, said M~rtgagors, for themselves and their heirs, legal representatives, successon and assigns, hereby joinlly and severally covenant and agroe ~ to and with the said REORTGAGEE, its successors and assigns: ~ - - ~ w 1. To pay all and singular the prirstipal an~ interest and the various and svndry sums of money payable by virtue of said promissoty note, and this v mcrt a e, each and eve rom tl on the da s res ectivel the same severall become due. - ~ 9 9 ~Y. P P Y Y P Y Y 2. To psy all and siagular the taxes, assessmenls, levies, liabilitiea, obt~gations and encumbrances of every nature and kind now on iaid desuibed oroperty, or that hereafter may be imposed, suffered, plated, levied, or assessed thereon, u that hereafter may be levied or assessed vpon fhis Mortg- ~ age, or the indebtedness secured hereby, each and every, when d~e and payable, actording to law, before they betomt delinquent, and belore an~ interetl ~ attaches or any penalty is incurred; ANU INSOFAR AS ANY THEREOF IS Of RECORD THE SAME SHAIL 8E PROMPTIY SATISFIEO AND DISCHARGED OF ~ RECORD AND THE ORIGIhAI OFFICIAL DOCUMENT (SUCH A5, FOR INSiANCE, THE TAX RECEIPi OR 1HE SATISFACTION PAPER OfFICIAILY ENDORSED ~o OR CERTIFIED) SHALL 8E PLACED IN THE HAND~ OF SAID MORTGAGfE WI?HIN TEN DAYS NcXT AFTER PAYMENT; and in ~he event that any thereof is ~ot a~ paid, sa1'sfied and d~scharged sa'd l,lORTGAGEE may a! any t7me pay the same or any part thereof viithout viaiving o! affecfing any option, Iien, rquity_or •iqht under or by virtue of ih~s mortgage and the full amount of each and every such paymenl shatl be im.nediately d~e and payable and shall bear interest ~ From tbe date thereof ~nt~l paid at rate of n~ne per centum per annum and tcge~he. w~th svch interes~ shall be secuced by the iien of th's morglage_ - > _ . . ~ ~ ~ :