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HomeMy WebLinkAbout2944 . , • , . ~j ~ , . 3~~.13~ THIS INDENTURE, A1ada the 23rc3 day of '~~~ne ~ A.D. 19?S., betwe. , ~ Lloyd Taylor and Clotilde F. Tayl~z, t~is wife ' of SL . 1.UG1~ Co~nty floride, herainaiter des~gn ( d~ th~14~1j1QT GOR;' an:l FIRST FEOERAI SAVINGS ANU IOAI ~ ASSOCIATION OF FORT PIERCE, a torporotion organized and existing under the lawi 'of t Urff~ tot 1f A~erica and !~cving its principal place of ( busineis tn the City of Fort Pierce, St. lucie County, Florida, hereinafre~ desiqr~ted ae !he "MORTGAG ErI. ' WNEREAS Ihe A10RTGAGOk is justly indebted to tha MORTGAGEE in 1t~a+iun, 4f ~ 20a'~~-_, geod and la~vful money of 1he United t State3 advanted by the h10RTGAGEE unto ihe h10RTGAGOR, as evidenced by a cer~ain promissory note of even date herewith, of whith the iollowing in words anu (7gures is a ~rve copy, to-wit: ~ S • ~ ' s 20, t300. 00 ' • , • . : . r . ~0 10021419 fort Pietce. Florida. -~~~1~ 23 ~ 19_~~ For value received, I, ~ve or eithar of us, promise lo pay, without defafcation, 1o the order of FIRST FEDERAI SAVINGS ANO IOAN ASSOCIATION OF FORT PIERCE af Fort Pierce, Florida, ihe sum of S_?Q-~~00• O0 wilh ;ntcresf from date at the rate of ~ 7~o per annum, in monthly install- ments as follows: S-~??.-4Q on tha 2~h day oF Q~~.~_.-, 19 7~ and a like sum on the corresponding day of each month there- after until the whole be fully paid. R Eath installment firsi shall be applicd in payment of the i~tereit and t}~en on the unpaid balante of the printipal sum. If default is made in the payment of any installmen'r when due, and such defavU continues 30 days, then at the option c` the holder, and without any other i~otice, all the remeining installmenls shal~ be due a~:d payable ar once. Privilegz is givzn to p+epay this note in whole or in part at any time without penalty. Neither forebearance, nor acceptance by the lielder thereof after any defavlt in any paymems {iereon, shsll 6e deemed extension. A late payment charge of S 8• 6O , shall be added to each instaltment ~emaining unpa:d 7 days aflzr its d~e date, and a tike Sum shall t,e added to each such installmenl ~emaining unpaid 7 days after each wcceeding payment date. Each maker, svrety ind e~dorser hereof, jointly and severally, w~aives demand, present~nent protest and nolice of protesl for nonpayment, and further agrees to any extens~on of time of paymcnf, either before or after maturity, vrithoul ~ot~ce to any of us; and to pay all costs of cotlection, induding a reasonable attorney's fee in the event of any defau!t hereunder, and hereby severally ~vaives all benc{it of homestead and exemption under the tonstitulion and laws of each State of Il~e United States, az against this obligation or any extensicn or renewal hereof. , Witness ?he hand and seal of cach party. ' - S/ Lloyd Tavlor ~sent) - " _ (SEAI) I ~ S/ C14tild~ F. Tavlor E • (SEAI) } ~ $31 .20 ~ _ (S~l) . ; State Revenue _ . ( ~Yr~¢1CX~idD@X~d}6X}6]C~ir)[DC~X _ ' ~ 20 $~0. ~0 ~ NO'J'J, THERFFORE, the A'IORTGAGOR foc the p~~rp~,se of securing payment of said sum of S • , and the performance of the covenants and agreements hereinafter expressed, and for divers good and vatuable considerations, by these presents, dces grant, bargain, sell, remise, release, convey and conifrm unto the /~IORTGAGEE, its successor~ and assig~s, alt that certain lot, piece or parcel of land, situate, lying, and being in the ~ County of St . Lucie , and State of florida, described as follows: ~ ; a~a o-so~- Do ~ 9- aoo% ~ ~ ~ -..Sac~- ~ ?o- ao% : . ; ; All L~t 13 and Lot 14, LESS ~orth 40 feet, Filock 4, REVISED P~AT OF SOUTH 25ti~ _ _ . , i STREE"T SUBDIVISION, as per plat thereof on file in Plat $ook 11, page 46 ; - F ~ of the public records of St. Lucie County~ Florida ~ i . - • R , ? . ~ . " ( _ - - - - _ . ~ _ _ - - - ~ ~ -~"~J~ ~ ~ ~ i ~ F, ~a i• 1 ~ • • ~ F 5=M_ ~ • p` ~H~ AR`{ : j L~ ry y,L O, - d Uoc~ ~NVf- ~ 31. ~ ~i : cQ nt PZ _ ~ ~f ~ . _ ; j,!H25 c - - - ~n c~ ~ p~2 - , ~ ` ; o ~ - RECEryEp _ ~ - ~ DUE ON CLq,S~ ~NTANGIBlE' ER~pME~ ~F r~S ~ PURS!?Aryr TO CHApTER 71•134, ~1L PROPERTY, # ~ER ~pR~~TS OF-1972. ( ' CLERK CIRCUIT COURT, ST. LUCIE h/ ~ ~ . . _ f ~ i - together with all and singular the teneme~ts, hered;taments and appurtances thereunto belonging or in anywise appertaining the~eto, and all rents, iss~es, proceeds and profits accruing and to accrue from said premises, all of which are included in the above and foregoing desuiption and habendum. TO NAVE AND TO, HOLD the above described and granted premises unto the said MORTGAGEE, its svccessors and assigns forevet. Md the said - their MORTGAGOR for heirs, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, its successors and assiyns, ~ t hey are that lawfully se~zed of-the said premises in fee simple; that the same are free, clear and di~charged from sll liens and encvrtr bronces en law or in equity, and that t he y W~~~ and t he 1 X _ heiri shall warrant and defend the title to the same fo the said MORTGAGEE, its fuccessors and ass~gns, forever against the la++ful ciaims a~d demands of all persons; _ ~ PROVlDED, AlWAYS that if the rAORTGAGOR shall pay vnto the MORTGAGEE the promissory note hereinbefore desaibed and shall lruly, promptly and fvlty perform, d~scharge, execute, comptete, comply ~ with and abide by each and every The stipvlations, agreements, conditions and covenants of seid promissory note and of this Morlgage, then this !~tortgage and the Estate hereby created shall ceese and be null and void. ~p "G,"+ _ IT IS UNDERSTOO~ that the word "Mortgagor° whether in Ihe singular or plural anywhere in this Morigage, shall be singvlar if one only snd shall be plural jointly and severally if mo~e than one, and that the word "their" as used anywhere in this Mortgage shall be taken to mean "his;' "hen," , ~ or "its," wherever the contex~ so implies or admits. Also, lhat wherever there is a~eference in the covenants and agreemenis herein contained to any of ~ _ the parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, svtcessors and aisigns (eithei voluntary by ati of tM ~ . parlies or invo!untary by operation of the law) of the same and that the covenants herein coniained tfiali bind and the benefits and advanfages In~re ; to the respective heirs, legal represeniatives, successors and ass~gris of the parties hereto. ~ ' Md sacd Mortgagors, for themselves and their heirs, legal repreientatives, successws and assigns, hereby joimly ar~.i severolly tovenant and agree F - to and with the said MORTGAGEE, its succeuws and assigns: ~ 1. To pay all and singular the principal and interesf and the various ard s~nd.ry svms o6 money paysble by virtue of said promissory note, and ihis ± mortgage, each and every, promptly on the days respectrvely tht same severally become due. ~ 2. To pay all and sing~lar the taxes, assessmeMS, tevies, liabilities, obligations and encumbrances of every nature snd kind rww-on said described € property, w that hereafrer may be impoted, suffered, plated, levied, or auessed thereon, w that hereafter may be levied or sssessed ~pon this Morf¢ ' ~ age, or the indebtedness secured hereby, each and every, when due and payable, according ro law, before they become delioquent, and before ~ny interest anaches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PRO.YIPTLY SATISfIED ANA DISCHARGED Of S RECORD AND THE ORIGINAL OFFICIAL UOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFFICIALLY ENDORSE~ ~ OR CERTIFIED) SHAtI HE PLACED IN THE HANDS OF SAID rAORTGAGfE WITHIN TEN UAYS NEXi AFiER PAYMENT; and in the even~ that any thereof is not ~ paid, sat'sfied and discFarged sa:d MORTGAGEE may at any time pay the sam.e or a~y part thereof without waiving or affecting any option, lien, eq~ity or •iqht ~nder or by virtue of this mortgage and the full amount of each and every s~ch payment shall be immediatrly due and payable and shall besr inle~est hom the date thereof ~ntil paid at ?ate of nine per centum p~r annum and together w~th such interest ~hafl be secured by the lien of th:s mot9taQe. ~