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TNIS INDENTURE, Mad~ tl~~ 25th day of V February A.C. 19 72 betwe~+
Kenneth R. Orew and Bvelvn L. Dzew+ hi~ wife
, ~ '
of St . ~Cig Counfy Fbrid~, Mreinatt~t dts~gnated a~ ~F» "MORTGAGOR." ~nd FIRST FEDERAt SAVINGS AN~ IOAN
ASSOCIATION OF FORT PIERCE, a corpa~fion orp~ni:~d and ~xi~tinp undN tM laws of tM Unit~d S~~tq of Americ~ u~d Mvinp iM princlpa) pl~c~ of
buii~tu in th~ Cihr of Fwt Pi~rc~. St. luci~ Caunty, florida, het~inaftK dsaip~+t~d as tM "MORTGAGEE."
WHEREAS tM MORTGAGOR is justly ind~bt~d ro tl+~ MORTGAGEE i~ the tum oi : 21 ~ 6~ • 00 good and I~wfut monty of the Un~ted ~
Siates advanced by the MORTGAGEE unto tM MORTZ'sAGOR, as evidc~ced by • certain promiuwy nole of evt~ dat~ Mr~with, of which tha followinp ln
words ~~d fip~r~s is a trw ccpy, to-wit:
= 21 t600.00 r,~,_ 3-18.010_
L~ ~o., P~..~.. Fb.~d,. February 25, iv~
fw wlw r~ceived, 1, we w either of us, promise to pay, without d~falcation, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOC~ATION Of
FORT PIERCE at Fort Pierce, Florida, 1M sum of = 21 ~600. 00 w;~h iroerest irom date at the rate of 7• 596 p~r ~nnum, ie monthly iro~all-
\ mentt p fOllOwf: = 17 S.~ 1 S t ~Y of Apr i 1 ~ q 72 ~ Iik~ sum on the correspond~np day of esch month tMrr
a(ter unlil tAe whole be fvlly paid.
~ E~ch installment first sMll b~ applied in payment of tM interest and theo o~ the unpaid balance of the prirtcip~) sum, If d ault is made M tfis
' F:ayment of any installment when due, +~d such defwh conti~ues 30 days, the~ at ths opt~oe? of the holder, ~nd without ~ny.othtr notice, all the r~maininp
~nsrallment~ shall bs due and payable st onu. Privileps 1~ ~iVM 10 PffPiY iMil fl01~ in whol~ or in put ~t any time without penaltp. Neith~r fwebea~anc~,
~ nor acceptante by the holder thereof afte~ any default in ~ny payments hercon, sMll be de~med e:tension. A Iste payment charye of S 8• 75 sF+all b~
~ added to each instaltment remainirg w~pa~d 7 days aft~r iri dw date, snd a like tum shall be added to e+ch such insUllmerA remaininp unpaid 7 d~ys ~fter
each sucteedirg payment dats.
~ Exh maker. surery ~nd endorser hereof, jointly and uverally, w+rves dem~nd, prese~tmeM protest and notice of protetS fw no~payment, and furthN
agrees b any extensiw~ of time ot payment, eithcr befwe w after maturity, without notice to any of us; and to pay all costs of cotlection, includ~np a
l reaswuble +ttaney i fee in the event of any default hereunder, and hereby severally waives all benefit of homestead and exemption ~nder the constitutan
and I~wa of each State of the United States, s~ ayainst this obligatian or any extension a rcnewal hereof.
Witness the hand and sssl of each parry.
~ s/ IGenneth R. Drew ~ ~U
~ tsE/?U
s/ Evelyn L. Drew ~U
i ~ s32.40 ~ Stat~ Rewnw ~u
(5a~~coevlida~arlaosla~oW
~ NOW, THEREFORE, the MORTGAGOR for the purpose of secvrirg p~yment of saFd sum of = 21 ~ 600. ~0 ~r+d the psrformance of th~
coven~nti snd a9reemenq herein~fter expreased, and fw diveri 9ood +nd wlwbk considerations, by thas~ presents, dws qrant, baryain, ull, remise,
releese, conwy and confirm unto tht MORTGAGEE, in wcceston +nd asti9ns, all tMt cerqin fot, piea or part~l of land, sitwte, lyiny, u~d beinp in tht
~~~M ~ St. LUC1@ and Stat~ of fb?ida, d~xrib~d ~s follows:
Lot 3, Block 173 - A, LAKEWOOD PARK - UNIT 12 A, as per plat
thereof on file in Plat Book 11, pages 35, 36 and 37~ Public
Records of St. Lucie County~ Florida,
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~ W 5~~~r~~F;~I_URtLA
~ ~ DOCUME;VT~=?~,.' ~TAViP TAX
~ = naR-rn -
` ~ ~ - ~=~3240=
~ N otvr oF Rtrce~t • s~?• = 3 Z ~ tN P11YI~AOR ~ TAXE.S
F]
~ PB,~9o~~= = RECF]YYEA ~
^.E ON CIASS 'C INTANa1BlE PE :i hi0.l ~R~PERTY.
, F~~,~1T Tp (~IAp1ER 71•13~. J1~.iS Of 1971. /~Jt~
~ A06ER POItRAS. CkAc qrwlt Corti. 9L 1~+~ Co. Fla.
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~ +ogetMr with all and sinpulu tt~e hnem~nts. heredltsmtnb ~nd app~nbnces tiwe~mto b~lonpirg o~ in a~yvrae appertainlnp tF~~to, and dl nnts, haws.
Proceeds and profin xavi~y snd to accnre from said premises, all of whkh an included in the ~bov~ ~nd fonpoinp d„c?iption and Mberdwn.
~
~ TO HAVE AND 70 NOID the abov~ dewibed ~nd yranted premiws unto tiw said NIORTGAGEE, ib ~uaenon and +uipas forw~r. Md t!N wW
; MORTGAGOR fa their ~;n, lx~~, ~;niiu~ro.s and aaiyra, hereby covensnts wiM fh~ uid MORTGAG£E, in wcceswrs ~nd ~ssqro.
~ th~t _ theY a=e ~M,{ully s~~zd of th~ ssid premises ~ f~e simpl~t that tM wrn~ u~ fr», cl~ar ae+d disclu?~d irpn ~11 Iw~a and ~ncuro-
r ~
- brances in I~w or in equity, ud that Lh@Y will and Lhelt htin ahall wurant a~d defend th~ titl~ b tM s~en~ to tM s+W ;
r MORTGAGEE, ib ~uttetsots and supru, fortvt? apai?ut tFw iawful claims ~nd dem~rds of ~11 ptrsw»;
; PROVIDED. AtWAYS tMt if tM MORTGAGOR sh~ll pay ~nto th~ MORTGAGEE tM pra»isswr noq h~r~inbtfon dexr~d snd th~ll truty. pomptly
_ and fully pe?fwm, d~uMr~. ~x~cvt~, compl~t~. canply with ~nd ab~d~ by ~ach and w~ry th~ stipvl~tioro, aprw.nents, tonditiom ~nd oovN+ants of said
- prom7ssory not~ and of thif Mort9ape, tMn this Morty+~ ~nd tM Esut~ haeby vsae~d shall oeaw and b~ ewll ~nd void.
IT IS UNDERSTOOD fh~t the word "Nlortyapor" wl+etMr in tM sirgulu a plwal anywMrt in tba Morty+p~, shall b~ si~gulN if oM only ~nd
ahall b~ pkrral jointly u~d s~ver~lly if mon than on~, and tMt tM wwd "th~'v" u vwd ~nywMre in this Mwtype shall b~ takN+ to mean •'his,•• •'hers,••
' w••in." whe~w~r tt+~ contaat w implies a~dmin. Also, th~t wher~ver thcn is s rsf~rena in the cownann u~d aprNm~nts he~ein contsiMd ro any of
~ th~ pa?ti~s Mr~to, t!K sxn~ shdl b~ coRSnwd to rn~an as w~lt as ths Min, Ipal npr~nt~tives, s~cc~ssors ~nd aui~ra (eitMr voluntary by ~ct ef th~
> parti~s w involunrary by opera~an of tM law) oi th~ srns and ~ha~ tM coveoa~b hersin conained sl+all bind and rf+e b.~.fi» m+d adv~ma~u inun
eo the rap~etiw hevs, Ipal r~presentativn, succeuws and au'~ns of th~ pani~s Mnto.
Md said Mortyapon, iw tF~emselv~s ~nd th~ir F»in. Ip+l r~esenbtives, wccesso~s and asaipns, hsreby jointly ~nd wvKally co~rm~nt ~nd pr~e ~
ro ~nd with tht s+id NWRTGAGEE, its wcc~sson ~nd assiprw:
- 1. To pay all ~nd sinpular fh~ principal +nd inter~st u+d ttw vulo~s and s~ndry wins of nwneY p~Yab1~ by virtw of said promiawry noN. ~nd this
mwtyapt. ~ach snd ewry, p~omptly o~ tM days nap~etively tFw s~rns ~weral{y b~cam dw.
2. To par •11 ~nd siigvlar tM taxe~. aa+~su~t~. Iwies, li~bilities, oblip+tiau and ~naxnb.+nca of ewry mtur~ and kie+d naw on said dactib~d
- propKty, a that Mr~ah~r msy impowd, suffa~d. plac~d, levird, w aa~swd tM?~on. a th~t h~naftar may be {~vwd a~aess~d ~rpon thi~ Nlortp~
` a9e, or tM ind~b~~dr~s secw~d h~r~by, each and ~wry, wMn dw and pay~ble. ~ccadirg w taw, befa~ they bscane delinqwet, and b~fore ~nY imKnt
~ attathes a~~r penatty i~ i~twred; AND INSOFAR AS ANY THEREOf IS OF RKOftD THE SAME SMAII aE PROMPTIY SATISfIEO Ai~W DISCFIARGED OF ~
- RECORD AND THE ORIGINAI OFFICIAI DOCUMENT (SIiCH AS, fOR INSiANCE, TNf TAX RKEIPT OR TME SATISFACTION VMER OFfIC1AllY ENDORSE~
OR CERTIFIED) SHAII dE PIACED IN THE HANDS Of SAID MORTGAGEE WITIi1N TEN DA1/5 NEXT AfTER VAYMENT; ~nd i~+ the ew~t th~t ~ny tMrwf is nw
pa~d, s~~ s(ied ~nd dlxhuyed sa:d 1MORTGAGEE ~nay ar ~ny timt p~y the same a My pan tMreof w~thout waiviny a affectinp anr option. Ifen. puiry or ~
•+aM unda a by virtw o~ this mwty~ ~nd tlx ful! amouM of exh and wNy wch payment ~11 bt imrrndiatdy due aed pay+bl~ ~nd shall btar intK~tt ~
* hom the date ther~of until paid at r~te of nine per centum per ~nrwm ~nd ropether wt~h~~~~l~~ec1~th~ lien of th:s mor9t~pe.
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