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Home My WebLink About0480 t. ~1_ ~I t~~.1.f ~ THIS INDEh1URE, Mads ~he l~r'h dey of Deeember ~ , A.D. 19 6~_, between ~ Llo~a Ta~lor end Clotilde F. Ta,ylor. his wife _ of St. Luei@ ~ , County fiorida, hereinafter de~gnaeed as the "MORTGAGO~," and FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a corporation organ~zed and existing under ihe laws of the United Statas of America end t~avinfl if~ principal place of business (n tha City of Fort Pierce, St. luc+e County, flo:ida, hereinafle~ drsignated as iha "M T WHEREAS the MORTGAGOR is justly indebted ta the A10RTGAGFE in ihe sum of S ~i~~ • O~ good and lawful money of the Un~ted States adYanced by the MORiGAGEE unto the MORTGAGOR, as evidencad by a certain prom~ssory note of even dare herewi~h, of wh~ch the follaxing in ~vords and tigures is a irua copy, to-~vit: s__5 f.2~0 . 00 Ha~~ , 1_~- Fort Pierce, Florida, Deeember 13 ~y~ to~ vaiue received, I, we or either of us, prom~se to ay, wiihout deiaicarion, to the order oi ?i!~c~T ~tu[KAC SAVINGCS AN~ LOAN A550UAilON OF FORT PIERCE a1 Fort PieLrce, Flwida, 1he wm of 5--~=-- w;th interLes? ~rom date at Ihe rate of 6• 2Q~ prr annum, in monthly initall- ments as follows: f~D• on the 1 Jt~lday of Januar~ ~q_6G' ~~d a like sum on the correspond~ng day oF each monlh there- s after until the whole be fully paid. Each installment first shal! be applied in payment nf the intarest and then en the unpa~d balance of fhe piinc~pal wm. If defaull is made in the payrnent of any insta~4ment when due, and suth default continues 30 days, then at the option of the holdrr, and withuut any other notite, a!t the remaining insrallmems shall be due and payable a! once. P~ivilege is given to prepay this note in whole or in part a1 any t~me w~thout penalty. •Neit~ier ZoOrebearance, nor acceptance by ~he holder thereof after any defautt in any payments hereon, shall be deemed extension. A late payment charge of S~ j, shall be added to each ins~allment remaining unpaid 7 days after its due date, and a like sum shall be added to each such installment remaining unpaid 7 days atter each succre~irtg paymeM date. , Eath maker, surety and endorser hereof, jointly and severally, waives demand, presentment proteal and rtotice of protesl for nonpayment, and iurther ag~ees to any extension of time of payment, either before or after maturity, without nol~ce to any of us; and fo pay all costs of collection, including a reasonable atlorney's fee in the even? oF any default hereunder, and hereby severally ~vaives bl! ber.efit of homestead and exempiion under the cansfitution and laws af each Stata of the Uni~ed States, ai against this obligation or any axtension or renewal hereof. Witness the hand and seal of each party. s Llo d Ta l.or (SEAI) s Clotilde F. Tayl~r (SEAL) _ (SEAL) ~ , _ ~a. ( ~ • 95 ) Sta~e Reven~e ' (SEAI) (Stamps cancelted on original note) ~~~O . o0 NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of s' ~ and the performance of ihe covenants and agreement~ herainafter exFressed, and far divers good and valuable can~ideretion~, by these present~, does gront, bary~ain, sell, remiie, release, convey and onfirm unto t e MORTGAGEE, iti tvtcessors and as~igns, all that certain lol, piese or parcel of lend, situate, lying, and being in the County of - ~t'. I'uC @ and State of Florida, de~cribad ~s followt: Lots 3 and 4, less the ~ast 10 feet of lot 4 and plus the east 5 feet of ; Lot 2, Block l, COLL~NS PARK SUBDIVISION, as per plat thereof on fil.e in ~ Plat Book 5, pa~e 37, public recordg of St. Lucie County, F'loride, b~ing otherwise described as: Lot L~, Block 1, Repla~ of PALM tiARDENS, as per plat thereof recorded in Plat Book 12, page 1~2, of the public records of St. Lucie County, Florida,~ G . rt~c~ive~ ~ - - - 1~ PAYF~ENTOFTAXfS W a.~~ I A I ~F r L U i-z t ui~? DU~ ~N ~lA~: ;NtAti::,IgL~ PER~74AL PROPERTY~ p~ S7AMP TAX . FU • ;t; ; ~ ~p,-~;~~,TF;~ ~~7 ~S, ;.:-T~ ~F 1941, U ~ DOCUMENTA~- F. ' k ~ _ _ ~ • , '':~rt z - °v~TS - Gs . _ _nf f r ~l.i -•yi-~1. ~A:;~r.s~. J ~ = JAN-6'66 2 - V : . _ o ' C. =~~"i ~ 7 9 5= _ Sr. tu:.io ' cnty 7ax Co}Isctor tn v COF!PTRCLI£Fi _ P6.190136 r-~~oa,~'/ ~ " - - dy DEPUTY CLERK ~ together with all ar~d singerlnr the tenements, hetedita~nents and appurtancei thereunto belonging or in anywise appertaining thereto, end all rent~, issuet, ~ proceeds and profits accruing and to accrue from said premises all of which are included in Ihe above and foregoing description and habendum. } TO HAVE AND T~helQr e above described and granted premises unto the seid MORTGAGEE, iti ~uccessors and assigns forever. And the iaid : MORTG OR fot 1---- heirs, executor~, adminislrotora and assigns, hereby covenantt with the said MORTGAGfE, it~ successor: and asttgns, ; ~~e e re ' that lawfully seized of the said premisei in fee ~imple; that tha same are iree,. clear and discherged from all lien~ and ertc~rtr } ; brarces in Iaw or in eqvity, and that they ~,,,~~I and t'heiT' heir~ ihnll warrant end defend the title to the ~ams to tha ~atd ~ MORTGAGEE, itt successors and assigns, forever against the lawful claim4 and demandi of all petsons; ` PROVIDED, ALWAYS that if the MORTGAGOR ihaH pay ~nto the MOATGAGEE the prornissory note hcreinbefore de~cribed and shall trvly, promptly ~ ~ and fully perform, diicharge, execute, complete, comply with and abide by each and every the ~tipulations, agreerflent~, conditions and covenants of ~aid . promissory note and of this Morlgage, then this Mortgage and tha Ettale hereby aeated shall tease and be null and void. ~ ' IT IS UNDERSTOOD that the word "Mortgagor" wfiether in the singular or plural anywhere in this Mwtgage, sha~l be singular if one only and y shall be plural jointly and •everally if more than one, and that the word "their" at used anywhere in thii Mortgage shall be faken to mean "his;' "her~;' or "its," wherever the context so implies or admits. Also, that wherever there is a reference in the covenants and agreementi herein contained to any of ~ the parties hereto, the ssme shall be construed to mean ss well a~ the heirs, leyal ~tpretientativet, svccessai and assiflns (either vol~rttary by act of tfie j ' partiei or involuntary by operation of the law) uf the same and that the covenants herein contained shall bind and the benefits and advantage: inure ~ ) to the respectiva hein, legal representatives, t~ccessors end as:~gns of the parties hereto. ~ And •aid Mortgagors, for themselvei and their heirs, legal representalives, suctessori and as:ign~, hereby jointly anc! severally covenant and agree ~ ' to and with th,e ~aid MQRTGAGEE, itt successws and assigni: . ~ ~ 1. To pay all and singvler the prirxipal and interest and the various and ~undry sums of money paysble by virtue of iaid promiasory note, and this 1 mortgage, each end evcry, promptly on the dayt respcctively the same severally become ~ue. ~ ~ 2. To pay all and ~ingular the taxes, asteisment:, levies, liabilitie:, obligations and entvmbra~cet of every nature end kind now on :aid detuibcd ~ ' properry, a that hereafter may be imposed, suffered, pleced, levied, or aues:ed thereon, or that h~reafter may be levied a aa:essed vpon this Mort9- ~ ~ age, or the indebtedness secored heteby, each and evsry, wfien dve and psyabte, acco~diny to law, before they become delinquent, and be!ore any intare~t attaches w a~y ptnalty is i~curred; ANU INSOFAR AS AN THEREQF IS OF RE:ORD THE SAME SHAII BE PROMPTLY SATISfIED AND DISCHARGEO OF RECORD AND THE ORIG1NAl OFFICIAI DOCUMENT (SUC~ A5, fOR INSTANCE, THE TAX RECEIPT OR THE SAT{SfACT10N PAPER •OFFICIALIY ENDORSED OR CERTIf1ED) SHAII BE PLACED IN THE HANDS OF SAID MOStTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereot is not paid, saYsfied and discharged said MORTGAGEE may at any time pay the same or any part thereof without w~iving or sffecting any option, lit~, equity or .iqht under or by virtue of Ihis mortgage and the full amount of each and every such paymenf ~hal~ be immtdintely due artd payabte and shell btar intereit From the jale thereof until paid at rata of nine per centum per annum and together with such interest shall be sec~rred by the lien of th:t moryt~ge. R ~ R ~.~35 480 . BOOK