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THIS INDENTURE, Ma~ the t h day of IYov e.nbe r _ A.p. 19 71 between
Kenneth R, Orew ard Eveyn L t~rew. his wife
of St .~1-UC 1C County Fiorid~: hereinaftet deignated as the °MORTGAGOR." and FIRST FFDERAt SAVtNGS AND IOAN j
ASSOCIATtON Of fORi PiERCf, a co~pwar~on or9ani:ed ~od ea~st7ng unda the laws oi the Unned Sfat~s of Americi and havinp ib prlrKipal plac~ of ~
bus~nets in IM Ciy o( Fort PiKCe. St. luci~ County, Florida, hereinsft~r dttiyn~t~d at ths "MORTGAGEE:' "
WHEREAS tht MORTGAGOR is justty indebted t0 the MORTGAGEE in Ihe sum of s 2Z ~6~0• good and tavrTul money of the Un~ted
S~eus advanced by the MORiGAGEE ~nto the MORTGAGOR, a~ evidrnced by a crrta~n prom;ssory note of evan date herewnh, of wh~ch the following in ~
.wrdi and fiflu~es ii a trw copy, to-wit: t
s 21,600.00 ~,i, 3..17,S~t ;
Fort pieres, Florida, . NOVC:Ab@Z 4~ ~q 71 ~
For value receivcd, 1, we w ci~her of us, prom~se to pay, without dafelcat:on, to rhe ordrr of FtRST FEDfR.4l SAYINGS AND 10AM ASSOCIATION OF
- fpRT PIFJtCE at fwt Pierce, fbrids, the svm of S?1 i~~~~
t10 w~rh ~nrerest frorre date at the'rate of _7 e 7~ per annum, in monthly instail- ?
r~,n as fo~'ows: S 17~ • 0~ a+ the 5 t day of ~~rC~] 19__~2 and a I~k~ sum'ori the correspond~ng day ot each monfh there-
~ at!er u~til the whole be 4ully pdid.
~ Each installme~t first sh~ll be appiied in payme~t of the intrrest and the~ on the unaaid ~~a!ance of the princ pat sum. !f d autt is made t~ the '
:~;ment of any ins~a~lment when due, and such defauh continues 30 clays, the~ at the opt+on of the hoider, and wirhout any othzr notice, all tFx remaining ?
~utsllmentt thail be due and payable at once. Privile9e is given'to {xepay this note in whole or in part a! any t[me w~thout penalty. Neither forcbear~nce, ;
nor acceptance by th~ hplde~ thereof aiter any default in any paymen~~ hereon, shall be d~emed exte~~si~~. A late payment charge of 5--~' shall be 3
.~ded to each instailment remaining unpa~d 7 days after its dw dafe, and a t~ke sum shall tx addrd ro each wch fniraUmenl r~:,»ining unpaid 7 d~ys after
i eech succeeding payment date.
Each maker, surety and endonen c~reof, jointly and severalty, waivts demand, pre;entinent protest and notice of protest for nonpayment, and fu~thet
j;rees to any ex~ens~o~ of hmr of payment, eithe+ brfore w after matu~~ty, w~ihout not~ce to any of us; and to pay al! cosrs of co!lecr~on, intluding s
-~:onable attorney'f fee in the evrnt of any delauh hereunder, and hereby se~erally wa~ces alE benefit of homes~ead and e~emption under the constituiian
~ d ~aws of each Srate of the United States, as aga~nst this obGgation w any eatens~on or renewa! hereof.
Wnness ~he hand and seal of eath party.
~ s/ Kenneth R. Drew (SEAI)
(SEAI)
s/ ~velyn L, Drew ~~Ai~
~ ts~?t1
, - `-32. `t~ t Stete Revenu~
S~nr~e e~nwU~~sad~¢atas?s)
iVOW, THEREFORE, the MORTGAGOR fo~ the ryose of sec~r; ment of sa~d sum of s 21 :6~~.~~
W ^9 Dav snd the performance of ~M
:evensnts and agreements hereinaiter expressed, and fw divers yood and valuabfe tona~derat~uns, by these presenri, does grant, barflain, setl, rrm~se,
E -~~:rase, convey u,d confirm unto the MORTGAGEE, its succe:sors and au~g~s, stl that cer~ain lot, pi«e or parce! of land, siruate, lying, and being in ths
i County of S i• Li,iC 1 e and State of Fior'eda, deuribed as fo~lowa:
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r Lot 2, Block 173 - A, LAiiEt:`CX~D PP.RK -!~NIT 12A ~ as ~er ~lat #
_ thFreof on file in Plat Book 11, pages 35, 36 and 37, Public
t,
Records of ~t, Lucie C.aunt}~, Florida,
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RFf,F~YfD 3 ~~~N PAYMENT Oi t~
D'JE ON C1ASS i~+l„NGIBIE PERSrtW- P'tt?PfA'1~. i
' PU~t~:.A,V~ TO CHAP~: R~O7?~, ACiS OF 1931. ~
~ STAi'E aF f= L O R~ UA F~~R ppltF:AS. Clerk Circu,t c~~~t
_ j z DOCUMEyTA1 "~STuMP TAX as A~°nt to~ DANIEL N. KN:t~YLES, 1R
:-i ~ U _ Mor- = 3 2 4 fl_ st ~u~tC COUrty iaY co?iE~io~
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N cc~T.ot aR ~fj ~<~C. J
= P.B.~'o~~: - ` gy r
~ DEi'~iiY CIERK
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_ ~oge+hsr w~th •!1 •nd siny~lsr the t~neme~ra, htreditaments snd ~ppurtances tF,ereunto belong~ny or in ~nywi~~ •ppert~inir?y therero, +nd all rMri, iuws,
prececds and p~of~n acvuing a~d to accrue from said prcmius, ~II ef wh:ch •re irxl~ded in Ihe abov~ ~~d foreQoinQ deiuiptio~ ~nd Mbendum.
~ TO HAVE AND TO HOLD tM above dcw~bed and yr~nted prem~us untu the siid MORTGAGEE, its successws and asigni forev~r. Md tM s+id
f4 MORTGAGOit fa -r--~
h~-i=---- hein, exrtutas, adm~ms~ritors arsd •si~gns, hereby cownants with the ia~d MORTGAGEE, its ~~cceuw~ •nd ~uiqro,
: __,t he ;"•.a~e_ i.wf~~~ fleitd Of lh! Nid
Y prcm~sts in fe~ ~imp~e; that the sam~ ar~ fr~er, cle~r snd discMryed from a!1 lienf and tncu~
b.ances ~n t~w or in eq~~ry, ~nd that t he y t~'1~ : r he;n ~hall warrant ~nd defend th~ title to the sam~ to tFn s~~d
` '~AORiGAGEE. its svcceuor~ and asa~yni, faever a9~irut tik {~wful tl~ims s.~d dem~nds of all per~ons;
PROVIDED, AIWAYS that if the MORTGAGOR ihal! p~y unto the M6RTGAGEE the promisyory npte hereinbefore describ~d ~nd ahall f?u~y, promptly
_ a~ ~v:ly peatorm. d~uha~g~. •:ecute, comptete, comply with •r,d •A;d! br ~ach and ~very the s~~pulat~ons. aqrecmerts, condi~~ons and covenant~ of ~~~d
prom~ssory not~ ~nd of this Mortgaq~, th~n thii Mort9aqe ~rtd the hrate here~y veated shall ceatie ~nd bt rwll +nd void.
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IT IS UNUERSTOpp that the word ..Morty~d,• wf+tther i~ the singular a pivral snywhere in th~s tiAwtya9e. shall be iin9ula~ if an~ only •nd ;
sMll be plvr~l jointly ~nd s~ver~lly if mote th~n one, u+d that 1M word "t heir" ~s used ~nywher~ in th:~ Morty~ye ahatl be takan to m~sn "hi~; •••Mn ~
or "its.'" wherev~r the conteit w implies pr admits. Alsp, tMt wherevci thcre is ~ reference in tM covenanq and aqreemenrs he~e~n con?ain~d to any of ~
; ~h~ par~ie~ F.yrefo, tM same sh~ll be conafr~d to cneap af w~tt s~ tlre Aeirs. teya! r~present~rivei, u.cceuon ~nd ass~yra (s;rher voluntary by ~d af th~ y
~ par~~e~ w involu~ury by oper~~io.~ of the bw) of the ?ame and ~hat the covenants herei~ conf~~ned shaU bind and the b~neLta and ad.aroay~s inurs t
= ro the r~speaive he,~ts, leyd representarives, successors and au~yns of tM p~rnes Mreto. #
^ And •~id Mw~qaqws. fa ~hems~lvn a~d their hsirs, fey~l rep.esem~hves, sucusaors snd •?s~yns. hereby io~n?fy and sev~~ally coven~nt and rqr~e
to ~nG w;rh ~he i~~d MORiGAGEf, its succesaw~ and a~sg~u:
_ 1. To pay all and tinqvl~~ Ih~ principal •nd interest and the variout •nd sundry sums of money p~y~ble by vi:tue of said pran~swry nott. ~nd thi•
~sa~flaye. ~ach ~nd evtry, pr„mptly o~ the d~ys respectively t~+e s~me sewr~lly bccorrK due.
2. To pay ~II •nd ~~rqul~r the tixH, ~bNfrrllntl, I~vies, fiabii~ties, obt~q~tions •~d encvmb~~nces of every narur~ and kfnd rww on a~id dsscribed
t p~op~rty. p thit h~reift~r may b~ imposed, ~uff~red. Placed, levicd, o~ •uessed therso~, a tM~ hereafte~ m~y be lev~ed o~ ~ssesud ~pon tAis Mwt9-
ay~, w th~ ir~btedneu secu~ed hereby. +~ch ~nd ~very. wh~r+ due ~nd pay~ble, accordinq to taw, befwe ~hey become delinquem, ~nd befa~ ~ny inte~~Rf
attathes w sny penaUy is in~urr~; ANp INSOFAR AS ANY THEQEOF IS OF RKORD THE SAME SHAIt BE PROMPitY $ATISFIED AND DISCHARGED OF
~ RECORD AND TME QRIGtWAI O:FICIAI DOCUMENT tSUCH AS, ~~R INSIANCE, THE TAX RECEIPT OR THE SAi15FACT10N PA?ER OFfIC1AlLY ENDpRSE~
OR CERTIHED) SMAIt BE PIACED IN THE HANDS OF SAIp MORTG~4GEE WITitIN iEN DAYS Nf)Ci AfTER PAYMfNT; •n~ ~n the erent tha! any lh~rso~ is not
~ pa.d, sar sfied •nd d~schar ed se d MaRTGAGEE ma ~r an t~m~
fl Y v pay the ssme or s~y part thereoF ar~~ho~t wa~~~rg aiFeainq any opt~on, Iien, equ~ty w
•~pht ~nder ar by viir~e o4 this mortyaye and the fu~i amov~t of e~ch •nd evc•y such payment sha~l be ~mmed~ate~y due •nd payable and shall bea~ in+~rest
`•om the daq thereof unt~l pa:d a~ r~~e ol n•ne per cenr,~m p~. ~~n~m •nd ~o9e+her ,n,fn sut~ ~+er`sr_~~ali be secur~ br the l~en of ths mwgt~qe.
" D?. ; R 1~6 f z~83
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