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iHIS INDCNiURE. M~d~ tha_ ~th _ day o! - ~_~tembel----`------- A.D: 19•?O, b~r,nea~
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Larry K. Grew and Karon S. Dtew~^his_ ~sife--___ ~
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5t. [.uCie --~-*'~-~S >
uf ~ Couoty Flw~da, hQn,neftt~ ditiyna~rd as ~he "t~ORiGAGOR," and F7RS1 FEDERAL ~AiPlfr'bS' AND l A
ASSOCIAT~ON OF fORi VIERCE, • cerpaahon orgu~ited a~d er~fhny un~fer the faws oF ?he 'Un~ted Statvs oF America ~nd havirg iU pr~ntip~l pl~c~ of f
bwir»~ In ths Ci?y of Fort P~~rce, St. lucie Coun~y, fbri<ia, h~+einafter Je~iflnaied as the "M'vRIGAGEE." ,
WHEREAS Iha MORTGAGOR is jusNy indeb~sd to tha Mt~RTGAGEE in the wm ot S_ 1~ f~0' gooJ end lawful money ot the Un~1ed s
SRates ~dvaotad by th~ MORiGAGEE w~lp the MORiGAGOR, as ev+dr~+ccd by e tertain fio~nissor~ note ol cYen dare I~crewdh. of whith ihe f,dlpwin~ In, $
.~o~ds a~d Iigurs~ it a nw toPY. ~o-wit: ' 4
,
s 1ti~000.00 ' ~;~3-2~i;~2~ .
Fort P~e~ce, florida. SQPtember 8 19 7O 3
for vslue recerved, 1, we w eithrr o( us, prom~~e to pdy. N~~ho~+ Jefa'canon, ~o thr n,Je• ef fIR51 ffDERAI SAVIhGS AND InAN ASSOCIATIO~! OF
f ~)RT PIERCf al Fwt Pierte. Florid~. thc sum of s_ lg f~Q~ r,.•i, ,,.,•r,;.sr f,o,;: dote at th., rate of ~ 5^;, E:er an~:um, in mon+hly imtali.
..•~~ts es (ot!ows: S- ~~-7~ on tha _15Lh dey of . QC~Q~.~__ , t4 7Q and a Gle ~un, on thr Corr~s~wncli~ cJay of eech month lhwre-
~~irr until rhe who!e be fuUy pe+d.
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Eeth initeUn:~n? lirst ~hall be appi~~•d in Faymcnl of 1hN interrs! and *hcn ~ n+,,<• ,:~.4,..:;i ba!o~~ie oi ti~e ~r~n~ pai s~m. If defaull ii madr in the ~
~~,mrnt ol any ntt~altment when d~a, and such dcfauU toMinues 30 d~ys, th~~i at iMe ep~;~n of the ho:der, ~ncl wnhuut any cti+er not~ce, aH the remai~i~tig i
~~sialtnxnh shail be dse and payab~e at once. Pnr~irge is g+vrn W prepay this note in whoie or in part at any t~me w~thout ~renalty. NEithe~ forebearance, i~
nur accvpta~ce by ?Fx holde? thereof eltrr sny drfa~l~ in any ~,uy~nen!s her~•on, shall !,e d,~er:~ed exr~•ns~on A late ~,a~m.em cha~ge o) 7•$~ _ ahall bs i
.•.i,icd to each ins~eli~n~nt ~emainmg unpe~d 7 day~ aiter ib due date, a~d a~~:e s~.r.~ s~~o•I bc ::.i,•d ro ca~_h such ~r~staiimcnt raina~neng unpaid 7 d~ys ~fler
eech sutcetd~nq pay~rcnt date.
Each meAe~, surety and er~dorser he~eof, jc~ntiy end sevcra!Ix, wa~vra ~~~,,~;;i j•t v,~~r prot<~sf e* ~ no+~;P of pro•.~st fur no~~pay-nrnl, and furthe~ f
agrers lo ~ny extenuo~ of tune of paymrn~, e~Iher brtorN or a4te~ matur~ey. v,~rt,~ur n,~• cr en o}-~,... to , ~1 a:I costi of co'I..cr~on, inciud~ng • 1
rresOnd~~! ettorneys SPP +n th~ e..nl of any c~afault hereut~Jir, and hrrrt+y s••.c~a~iy .tic.~,.•c ,r'~ h_n.•1.• Cf i,u•nr5~~~ad nnc~ err:~~j:~iCn undCf 1~1C COnStih1110O ~
e~~d la»s of each State o~ ehe Un:ted Srares, as aga~~ist this ob:~y.+t~on or any e~.+r~ s.en or rerr.•.at, hc•e;of. j
W~tnrss the hand ~nd seal ot each Farfy }
/s/ Larry K. Drew i
. _ (SEAI)
_ (SfAt)
/s/ Karon S. Drew
( 527 • ~ ) Stafe Revenue - (~u
NOW, THEREFQRE, the M08TGAGOR (or the pu.pose of aecw~ng pa~ment o! sa~d s.~m ot f_l~ ~~0'
~ , and the performsrxe of fh~ '
coventnta and sg~ee~~.znfa Fur~inafter expreased, and fw d+vers good end w~~able cons+derat;ons, by these Fresents, d~es grant, ba~flain, sell, rcm;se, ;
releas~, eonvey and conf~rm unro the MORiGAGEE, in successws and assigni, a+~ ti~at cr~ta~n at, p~ece a parcel of iand, sit~ate, tyin9, end beinp in 1M
~~~ti ~ $t. jd1C1@ State of Fl~rida, described •s toflowr.
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Lot 3, Slock 134-A, LAK6k'OOD PARK - UNIT NO. 10, as per
plat there2f recorded in Plat Book 11, naqes 29-A, 29-8.
29-C and 29-D, Public Records of 5t. l.ucie County, Florida,
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t.~. ~.,t~~~ ~~•E :..1'S 'C' INTAtVGtBIE p PAYlYlFFlT pF TIU(~
~ ~ ~ _ . . ~ LI:r".~T _R 2.7J24. A('iTS~Of 1.9tL~~~
~YJr `~o~:^,~t~cP / ` • ~ f:;, ~~:-a Grr.a;t Court
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~QO Ste~ y~~.Q ~ ` + ~ r : . y. 'IJ:Q1YlES. 1R,
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q,~'~~' ' ` ' r + t ~ C.~il~:.tot ~
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OJ Q• C~CC~~
1~ OEPUiY qF~
~ogether with all ~nd sinyv~~r the tenements, hcreditamenri and appurtancrs thereunto boiortginq a in anywi~ appertaining Ihereto. •nd •11 t~ntf, istv~s,
p~xecds ~nd profiri xouinq and to sttrue from uid premises, alt of which a+e included in the above ~nd fore~ang description and habendwn.
TO HAVE ANO TO FK?i~D the sbove deuiibed and g~~nted premises uneo ~he sa~d MORiGAGEf, ~rf successors a~d a~siyns foreva. Md tlw ~afd
MpRTGAGOR fa th@12 heirs, eaec~to~t, administrorors and atsiqne, hereby tovenants wifh fhe said MORTGAGEE, its ~uctessots and auiQns,
rnai I~wfully ~e~red of tM said prrmus ;n fee simplr, that tM iarr~ are fret, cle~~ and dixharyed from dl lierp aad ~ncuro-
r,~ancis in law or ~n eqeiity, and rhat they w;ll and Lhelr he~rs ihd4 w~rrant end defend the ~itl~ to tM tam~ ~o the s~id
MORTGAGEE, its ivccesw~s and ass~gns, (orever ayainst the lawful c~aims ard demands of ~II persons;
PROVIpED, AlWAYS ~MI if the 1NORTGAC,OR thatl pay unto thc MORTGAGEE the promiisoty note hereinbefore described and ah~11 trviy, ptompHy
and fufly p~riam, d~scMrge, execute, comp~te, tomply w~th and ab+de by e~th ~r~ ~very tM at:pulat.ons, agreem~nt~, condi~ions and tovenants o~ uid
G~Om~~{pIr not~ ~nd of this Mortyaye, thcn this Mortgsge ar.d ~Fx Es~ate .,rreby created s!wll ce~se and be nuli and void.
IT lS tlNOERSTOOD tF?at tAe word "Mor~yagoi' whe~her in the s~ngu~r or plw~l ~nywhere in th~s Mortgp~. shall be •inyular if oM only ~nd ;
•ha11 be plural pintfy and ~tveralty ii mors than c-e. •nd thet the wo.d "~he~r" a~ vud ~nywfiere in th;y ~p~gp~ shaLL.6. rak~n ro rrwan "ha,•• •.Mn;. '
or "'in," whereve~ tht wni~,~t so implies a admits. Alao, ~hat whrcrer Me~e ia i~lTerlnC! if1 tIN COVlMtltf ~y?!!minis he~ein contain~d ~o any o!
rhe pa?ties hereto, the s~me sh~ll be construei.' to mean as weil ~s the he~n, fegat r~present~tivel, succe~sa~ and assigns (~itMr wluntary by ~cf of tM
w.r~es a invdu~tary by optr~~ion of the law) of ~he s~me •nd tha+ ihe co.enants he~ein com~~ned ~hall bind •~d ~h. benef~n ~nd ~dwntay~s inur~
ro th~ r~spactiw i?eirs, {p~l rep?csero~twes, suuessors •nd •iiyns of rhe put,e~ hereto-
And said Mort9agon, (or themsdves ~nd thei~ htirs, ley~l iep~eunt~twes, succeisors and •ssig~s, hereby ~ointly •nd wv~r~fiy cowou+f ~nd pr~t ~
~o and w~M the s~~d AWRTGAGEE, itt succes~ors and ~ssqns:
1. To pay ati ~nd sir~ulN tM pr~ntipaf and imereit ~nd the wr~ous and sunory sumt of montY P~yable by virtw of said p~om~?~o?y noN, and Mi~ j
n+ort9+p~. ~+ch and wery, promptly on tM d~ys respettive~y ti?e same ~ewrally becom.e du~. ~ I
2_ To pay ~II ~nd ~inp~lu th~ t~x~s, as~esunenh, I~v~es, li~bil~tie~. obl~gationi ~nd encumbrancet of evsry natur~ and kind now on s~id dtscri~d ~
w~~Y, w rMr hs.s~ftN maY b~ 'rmpowd, wifaed. P~aced, I~v~ed, or •asefsed tM~ew~, a tlu~ hereahe. may b~ lev~ed or ~sku~d upon tl~is y
•ge, o? ~ht k~debtedn~~s wcw~d F~er~by. ~~ch ad wery, when dw ~nd payabl~. ~ccord;np to I~w, before t1»y become d~linqwm, ~nd b~la~ ~ny Int~a .
anstMs p ~ny pen~lry is N+t~rred; ANO INSOfAR AS ANY iHEREOf IS OF RfCORp iHE SAME SHAII af AROAMiIY SATlSilEO ANO DISCHAAGED OF
RECORO AND THE ORIGtNAt OfftClAl OOCWMENT ~StKH AS, FOR INSTANCE. THE IAX RECEIPT OR THE SIl71SfACTION PAVER OFFICIAIIY ENDORSED
OR CERLIFIED) SMAII SE PLACED IN TME MAN~S OF SA~D MORTGAGEE WITHIN TEN OAYS NEXf AFTER PAYMENT; and i~ tiNr •wnt 11ut ~ny rMreof it no1
p+~d, ur tl~d ~rd dischN~ed ~a d MORiGAGEE may •r ~ny t,me pa~ rhe s•me a ary p~~~ ~hereof w~~ho4t w~~v~ng a•(tecri~y ~ny op~;on. li~n. pvity a
•phr unde~ a by v~~tw of ~hi~ mor~q~9e and tha full amo~nt of r~sh •nd erery such p~~meM ahst{ be ~mmed.~~e:y dve •nd payabb •nd sMll bt~r int~rN~
~rom tiK date therrd unt~l prd rate of n~ne per u~wm per •n~um and toqe~he~ w•rA wc~ mterct? th~ll t,e secwrd by the l.rn oi ~h~ mor9tp~, ~
BooK Z87 f~ti~E i~7
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