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HomeMy WebLinkAbout2942 ~ ~ ~ ~ , ~ 3~:~.13~ ~ . , iHIS INOENTURE, Made the 23Yd _ day of June ~ ~ A.O. 19 75.~ between ~ Llo~d Taylor and Clotil e F. T~ lor his tvife j St. Lucie y~ of Counfy Florid~, hereinatter desiynae ~a he ~I~~~na{~R,t~nd FIR51 FEDEP.AL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corporotion organi:ed and existing ~ndtr the laws of Iha United 51a~of~•o . America and having it• principal place of business in ihe City at for~ Fiorce, St. l~cie Counry, Floride, hereinaiter desig~~ted es the:"MORTG~EE:' VYHEREAS Ihe MORTGAGOR is just~y indebted to tha h50RTGl~GEE in the sum of S 2O ~~0 c~ood and lawful money of the United ' States advanced by tha 1.10RfGAGEE un~o the MORTGAGOR, as evidenc:d by a cer~o~n promissory .~ote of even da~e here+vith, of wl~ich the following in ~ words and figures is a ir~a copy, to-.vit: ! a 20st300.00 - ` ~ No10021418 ' fort Pierce, Ftorida, June 23 19 75 ~ for valve received, 1, ~ve or either of us, promise 1~ pay, without defalcaiion, to the order of FIRST FEDERAL SAVIhG$ AND LOAN ASSOCIATION OF FORT PIERCE at fort Pierce, Florida, tha sum of 5-~~t~~~• OO with inte,est from date at ~he rafe oi~! 7SO~o per ann~m, in monthly insfall- me~ts as follows: S-1.Z~-. QQ-__. on tha _~~L day of vC t oh~__., 19__~_ and a like sum on the correspond~ng day oi each monlh there- after until the whole be (ully paid. - Each installmeni firs? shall be applied in paymenl of the i~te:est and then on the ~~npaid balante of ehe princ~pal sum. li default is'mada in the payment of any installme~t when due, and such dafaull continues 30 days, then at the option of Il~e holder, and without any other notice, all the remaining ~ insiallmenta shall be duc and payable at onte. Pr~vilege is givcn to prapay this note in whole or in part at any time withoul penalty. Neilher forebearance, ~ nor acceptance by ~he hold~r thereof after any default in any payments hereon, shall be deemed extensian. A late ~iayment tharge oi S 8• 60 ,~hall be ~ added to each installment remai~ing unpaid 7 days aftec its due da1e, and a like sum sh~ll be addrd to each such installment remaining unpaid 7 days after ` each succeeding payment date. t Each maker, svrety and endorser hereof, joir.tly and severally, waives d~•.nar.J, presentment protest and noli<e of protest for nonpayment, and furthet ~ agrees to any extension of time of payment, either brfora or after maturity, viithout notic~ to any of us; and to pay all costs o( collection, including a reasonable attorney's fee in th~ event of any default hereunder, and hereby severa!ly waives all benefit of homestead and exemption under the constitution ~ and laws of each State of the United States, az againsl Ihis obligation or any extension or renewal hereof. ' - Witness the hand and seal of each party. ' S~ LlOyd Taylor (SEAI). ' (SEAL) ; S~ CIOt11Cj@ F. T~ylOY (SEAI) ( y31 .20 ) State Revenue - (SEAL) i ~ae~c9avndk~camc~ai4iertx+x+xt~c ~ ~ - ` NO~ti, THEREFORE, the h10RTGAGOR for the purpose of securing payment of said sum oi S Z~a ~00• 0O snd ihe petJ~rmance of the ~ covenants and agreements hereina(ter expressed, and fo? divers good and valuable considaration:, by these prese~ts, dces granl, bargaiQ, sell, remise, ( release, convey and confirm unto the MORTGAGEf, ifs successors and assigns, all thal certain (ot, piece or parcel of land, situate; lying, an`d being in the j County of - St . Lucie and State of florida, deacribed as follows: ( . t ~ ~orth 20 feet of Lot ll and all Lot 12, Block 4, REVISED PLAT OF SOUTH 25th ' . - ~ STREET SUBDIVISIOV, as per plat thereof on file in Plat Book 11, page 46, of - - - ; -the public records of St. Lucie County, Florida - ~ , ~ ~~ao~~~ oo~~- bo% ~ ~ f~~ - o2~{~U -S l>~- D O 6~ _.-Qp~/7 . J'O~ e`~~ ~?=i - _ ~ - . _ - - - c~~ ~~,5~` ~ - ~,4 ~ - ~ -t ~ ~ 3 ~ ~ Q~ Gta~ vY~ r' ? ~ , , ~ • y - - o Oi ~F~vE.s~~~~~--I.,~ f// - ~ ~JtiY ~ ~v;~ ~ ~ . • ' % oy.. d, ` e~.2 ~ - - • y.c~ ~ i",~ : - ~O _ ~ o- - . RECfIYED _ f IN P14YMEM Of TAXES , ~ ~ DlJE ON (~A~S C INTANGl81E PERSONAL PROPER~Y~ ; PURSUANT TO Ct1APTER 71•134, ACTS Of 2971 ~~~1 c , _ . • RGGER PORRAS ~ _ - CL.ERK CIRCUtT COURT, ST. tuClE ; t A. ~ 3 . ~ together w~th all and singutar the tenements, Fered~taments and appurtances thereunto belonging or in anywise aFpertaining thereto, and al) rents, issues, ~ proceeds and profits atcruing and to accrue from said premises, all of which are incl~ded in the above and foregoing desaiption and habendum. [ ~ TO HAVE AND TO HOLD the above described and granted przmises unto the said MORTGAGEE, its suttesson and assigns forever. And the ssTd - ~ MORTGAGOR for th¢1~---_-_ heirs, executors, administrators and a:sig~s, hereby covenanis with the said MORTGAGEE, its successors snd as}igru, ~ that --t hex-a~~ - lawfolly seized of the said premises in fee simple; that the same are free, dear and dEscharged from all lient snd encvm- brances in iaw or in equity, and that t he y W;~~ a~ t ~7e 1Z ~ heirs shall warrant and defend the title to the same to the said MORTGAGEE, its successors and assigns, forever against the Iawiu) daims and demands of all persons; - . PROVIDEO, AIY~AYS that if the MORTGAGOR sFall pay unto the MORiGAGEE ihe promissory note hereinbefore desui~ed and shall fr~ly, promptly and futly perform; d~scharge, execute, complete, comply with and abide by eath and every the stipulalions, agreemtnts, conditions and covenanTS of •aid . promissory note and of this IAortgage, then this Mwtgage and the Estate hereby created ~hall tease tnd be null and void. _ _ IT IS UhDERSTOOD that the word "Mortgaga". •Hhether in the singular or pfura) anywhere in this Mortgage, ihall be singular if one only and. shall be plural jointly and severatly if more than one, and thal the word "their" as usrd anywhere in ihit Mwtgage sfia!1 be taken to mean "h'~," "hen," d~ - or "its;' wherever the context :o implies or admits. Afw, that wherever there is a reference in the covenants and agrcementt herein contained to any of O*1 . ' the pa~fies hereto,-the same shall be construed. to mean as well as the heirs, lega! represeNatives, svctessws -nd assigns (either voluntsry by act of fhe ~ ! parties or involuntary by operation of the law) of the :ame and that the covenants herein contained shall bind and the benefits and advantages inure ~ to the respective heirs, legal represeMatives, successors ard asrgns of the parties fiereto. " ~ r And said M.ortgagors, for thrmselves and their heirs, legal representatives, successas and assigns, hereby jointly anJ severally tovenant and sgree ~ to and with the said N?ORTGAGEE, its successors and au~gns: ' ~ 1. To pay all and singular the-p:irxipal and iMercst and the various and sundry s~ms of money payable by virtve of said promissory note, and this_ ~ mortyage, each and e~ery, promptly on the days respectively the same severally become dua , 2. To pay all and singular the taxes, asiessments, levies, liabifities, obligations and erxumbrsrxes of every nature and kind now on said dewibed properry, or that hereafter may be imposed, suffered, placed, levied, or sssessed thereon, or that hereafter may be levied or assesstd vpon this Mort~- ~ age, or the indebtedness secvred hereby, each and every, when due and payable, according to law, before th¢y become delinquent, and before any interest ~ attzches.or any pe~alty is incurred; AND INSOFAR AS ANY iHEREOF IS OF RKORD iHE SAME SHAII $E PROMPTLY SATISFIED AND DISCHARGED Of RECORO AND THE ORIGINAL OFFICIAL DOCUNtENT (SUCFi A5, f0& INSTANCE, iHE TAX R[CEIPT OR THE SATISFACTION PAPER OFFICIALIY ENDORSED ~ OR CERTIFIED)SHALL BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN RAYS NEXT AFTER PAYMENT; and in the event that any thereof it not ; ~ paid, sa±"sfied and d~scharged sa:d MORTGAGEE may at any t+me pay the same or any part thereof without waiving or affectir?g any option, lien, equity or ~ •~ght under or by virtue of this mortgage and the full amovnt of each and every svch payment shall be immediately dve artd paya5le and shsll be~r intere~t Irom the date thereof vntil pa~d at rate of n~ne per centum per annum and together w~rh such interest shall be sccured by rhe lien of th:s mot~taqe.