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THIS INDENTURE, Mad~ the ~ t h day of J~~ 1 y A.C. 19?? b~twe~n
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Kenn~th 12. Drew and Evel n L. Dr . is ~i .e'_'.
Lucie
of St • Counfy Flaid~, hertin~fter de~iynatcd the "MOR [GAGOR." and FIRST FEDERAI SAVINGS AND LOAN
ASSOCIATION QF FORT PIERCE, s corporation or9u~iied and exit~inp unde~ tM (aws of th~ Un~ted Stat~s of Mwi» uid ha"viop' iri printipal pl+t~ of
buu~ess in tM City of fwt PiKCS. S!. Lucis Counry. Flaida, hereinaiter deii~nated ss tM "MORTGAGEE."
WHEREAS tM MORTGAGOR ia juitiy indebt~d to ths MORTGAGEE in ths sum of : ~ 1 s 60O i OO 4~ ~~J ~~,Nful money of the Un~ted
States sdvanced by ths MORTGAGEE unto the MORiGAGOR, as evidenced by a ceruin promisswy nots pf ev~n date Mr~witll, of whith the followinp In
words and figurei is a frw copy, to-wit:
= 31, 600.00 ~3-18 .2
Fwt Pierce, florida. Jil ly 7 ~q 72
Fa value received, 1, we w either of us, promise to psy, without defalcation, to Ihe order of FIRST FEDERAI SAVINGS AND IOAN ASSOC~ATION OF
FORT PIERCE at fwt Pierce, Flwida. the sum of : 21 ~ 600.00 W;~h intcrest from date at the rate of 7• S% per annum, in monthly inttalb
ments as fotlows: = 175.Q0 ZSt ~Y of September 19 72 ~ ~;ke sum on the correspw?dinp day of exh month therr
after until ~he whote be fully paid. ~ •
Each installrrKnt first shall be spplied in payment of the inte~est snd then on the unpaid balance of the principsl sum. If d avtt is msd~ in tM
~ payment of ~oy inslallment when due, and such default continues 30 days, then at the option of the holder, and without ~ny other notice, al! the remaining
~ ~nstallmenh shall be due and payable at once. Privilege it give~ to prepay this note in whote w in part at any 8me without penslty. Neither fortbearuxe,
Y 8 75
~ nor acceptance by the hotder thereof afte~ any default in any payments hereon, shall be deemed.eat~nsion. A late payment chsrge of ~ • shall be
~ added to each installment remaining unpaid 7 days after its due date, and a like s~m shall ~e addrd to each such installment remai~ing unpaid 7 days after
each succeediog p~yrt+ent date. _
Each maker, surety and endaser hereof, jcintly and severally, waives demsnd, presentment profest snd notice of protest fw nonpaymenf, and further
\ agrees to any extensior~ of ttme of payment, either befwe w after maturity, without notice to any of us; and to pay all msts of collMia+, includinp •
reasonable attwney i fee in the even~ of any default he~eunder, and hereby seve~ally waives all bc~efit of homestrad and exemption under ths conatitution
~ rnd taws of each State of the United States, as against this oblgation w any extcnsion a renewal FKreof.
~ Witness the hand and scal of each party. ~
(SEAI~
S/ Kenneth R. Drew ~U
(SEAU
~ S/ EVelyn L. Drew
( 32 . a ~ i State Revenue ~
- ~9rarr~ps ancelkd oR aripinal-noter
~ NOW, THEREFORE, the MORiGAGOR fw the pu~pose of sec~ring payment of said sum of = 21 ~ 6~. ~O _ and tM performance of th~
covenants and ~greement~ hereinafter expressed, and fw divers good ~nd v~luable toni~deratwns, by fhese presents, does gr~nt, baryain, sell, ~emise,
release, tonvey and confirm unto the MORTGAGEE, iri succeuors and suigns, all that certain bt, piece or pucel of land, tituate, lying, and beinD in tM
Couny of St. Luc ie and State of Fbrids, deuribed +i follows:
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L~t 5, Filock 173-A, LAKEL+lOOD PAR{C - UNIT 12.1, as per plat tk~ere~f ~
on f il e in Pla t Iiook 11, nage 36, of the Publ ic Recarc~s of St .
Lucie Countl~, ~Iorida,
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w S i A 1_ ~°F L U R 1 l~ A R~IIED IN ~AYMEfff oi TIO{E3 ;
n~ DOCU~/c?
~TAov v''P TA X DUE ON 'C qITAqG18LE PfR50NJ~1 PROPERZY, _
' Z = _ t•"` Pl1R.SlM1NT TO C1IAPTER 71-134. A~CTS OF i911. y~,~~c ~
~ ~ _ .n~ir~i . - aoaai PoRw~s i~' :
~ ° = 3.:~~3 2 4 0_ c~ac ci~cuir coueT, st. u~ co, Fu ~
E V G4~f.OF RE1'El:ilE ',~~w~, J-_ ~
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rogether with all snd singulsr the tenements, hereditaments ~nd appurtsnces thereuMO belagirg w in anywise appertainirg thereto, aod all reMS, iuws, ~
proceeds ~nd profits ~cvuing and ro accrue from said premius, all of which ue incl~ided in th~ above ~nd fw~yoirg desviption and h+bendum. •
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TO HAVE AND TO HOW tF?e above dexribed and granted premises unto the said NWRTCaAGEE, iri s~xcessors and auipm forsvK. Md th~ uld
MORTGAGOR fw t h ~ i r ~;n, executws, adminisfntas and sssigro, hereby covenanh with the said MORTGAGEE, its succ~ssors ~nd assip%
~ ~hat t he1~ ~ rP~~~ully seized of the wid premises in fee i~mple; tMt tM sam~ ue frse, clear ~nd dischary~d from all liern and ~nc~wm
brarxes in law a in equity, and that they wi11 snd thelr heirs sh~ll warant ~nd defend tM titl~ to th~ sxne to tM s+id
MORTGAGEE, its successors and auigro, forever against the lawfvl claims snd dema~ds of all perwns;
PROVIDED, ALWAYS tMt if the NIORTGAGOR shsll pry unto the N10RTGAGEE tM promisswy not~ hereiabefo?e d~scribed and sh~ll hvly, promptly
=y and fulty periorm, dlxharge, execute, complete, tomply with snd abide by each and every the stipulations, syreements, conditiaa ~nd cove~anb of s~id
promissory ~ote and of this Mwtgage, then this Matg~ge and the Estste her~by vested sh~ll uas~ and be null and void.
~ tT IS UNDERSTOOD that tF+e word "Mortysgor" whether in the singular a plwal ~nywhere in this Mort~p~, sh~ll b~ sieg~lar if one only ~nd
~ shall be plural joinUy end severally if more than oee, snd that the word '9heir" a~ wed snywhero in this MortQa~e sh~ll be ukan to mean •'hb,•• "ben,"
~ or "in," wherever the context so impties or admin. Alw, thst wherevn there is a reference in tM covenanb and spreemenb herein cont~in~d to any of
^ the psrties hereto, the samo shsll be conshued to mean at well as the Ixin, kgsl r~pret~ntatives, suaessors and aupro (eiths~ volunt~ry by aN of ih~
parties or invduntsry by operst~on of the law) of the sune u+d that the coven~n» her~in tonta'u~ed shall bind and tM bernfib ~nd sdvantapes iew~
~ to the respectiw hein, 1e9a1 represcntatives, successon and ass~gns of the puties hereto.
~ And wid Mwtys~ors, fw themselves and their hein, IeQsl representatives, successors a~d auiyro, hereby jointly and ~veraHy coven~M and apree
~ to and with the said MORTGAGEE, its s~ccessors and sssigns:
~ 1. To pay all ~nd singular the principal and interest ~nd the vuian and sundry sums of money payabk by virtue of said promiswry not~, and tFus
mortgaye, e~d+ ~nd wery, promptly on the days rapettively tF~e same sev~rally becane doe.
2. To psy all u~d sing~rl~r ti+e tsxes, ssKSSments, levies, liabilities, obligstions and eixumbrances of every nature a~d kind raw on said desu~d
property, or that hereaftK may be imposed, wfferd, plaud, kvied, w auessed ti+ereon, w th~t hereaft~r m~y be kvied w~sessed upon thb Mortp- ~
aye, a th~ i~debredness s=cvred hereby, ead~ ~nd ~very, wh~n d~re ~nd p+ysble, sccordi~g to bw, befor~ they become d~linquent, H+d b~fw~ any htaest :
attaclxs a any penslty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAINE SHAII BE PROMPTLY SATISFIE~ ANO OISCHARGED OF '
RECORD AND THE ORIGINAI OFFICIAL DOCUMENT (Sl1CN AS, FOR INSTANCE, THE TAX RECEIPT OR ?HE SATISFACTION PMER OfFICIAILY ENOORSED ~
OR CERTIfIED) SHAII 8E PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT A~TER PAYMENT; and in the event thst any tF~eof a nw ~
paid, sat"ified snd discharged sa:d MORTGAGEE may ~t any time pay the ssme or any part thereof without w~iviny w affettinp any optpn, IiM, eqvify p ;
~ •~qht under or by virtue of this mortgage and the full amo~nt of esch and every such paymeM shall be immediately due a~d payabk and ihal) bear intaest i
~rom the date thereof until paid at rate of nine per centum per annum and toyNher with suth interest thall be secured by the lien of th:• mwyt~pe. ;
3~uK~Q~ F'GE t)i)~~
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