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Home My WebLink About0410 2,3'7561 ~ l~ THIS INDENTURE. Made the 1 S t day of SepLeIDb@ y - A.D. 19_.Z~c., between Kenneth R. Drew and Evelyn L. Drew, his wffe ~f St • 1.~1C1E' Counry Florida, here~nafter de~ig~ated aa the "MORTGAGOR," a~d FIRST fEDERAI SAVINvS AND IOAN ASSOCIATION OF FORi PIERCE, a corpwation organi:ed a~d e:i~~irg unde~ the laws of ths United Statos of America a~d Mving iri principal place of business in the City of Fo~l Pierce, St. lucie County, Flaida, hcreinafter des3gnated as the "MORIGAGEE:' WHEREAS Ihe MORTGAGOR is jus~ly indebted to the MORTGAGEE in the sum of s21 ~ 60~•~~ , good and lawful money of thc Un~ted States advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a cerfain promissory note of even date herew~tF, of wh~ch the (ollowin9 in vvords and figures is a true copy, to-wit: ~ 21,600.00 ~ 10018757 = September 1 ~y 72 Fort Pierce, Flaida, _ For value received, 1. we or either of us, promise to pay, without defalcation, to the order of FIRST FEDERAL SAVINGS AND IOAN ASSOLIATION OF FORT PIERCE at Fat Pierce, Florida, the sum of S 21 . 6~ ~ 00 with interest from date at the ratc of ~°o per annum, in monthly inslali- ~ mrnta as foltows: S 17 S•~~ on the I St day of Janua ry , ~973 _ and a like sum o~ the correspondirg day of ~vch month tlxte- ~ after until the whole be fully pa~d. - Each installment first shal~ be applied in paymenl of the inte~est and then on ~he unpa~d balance of the princ~pal sum. If d ault is made in the payment of any installmeM when due, and such default continues 30 days, then ai the optioo of the holder, and without any other not~ce, all ;he remai~~ng ~~~stallments shafl be due and payable at once. Privilege is given to prepay this note i~ whole or in part at a~y time without penalty. Ne+ther Sorebearante, nor acceptance by the hotder thereof after any default in a~y payments hereon, shall be deemed extension. A late payment charge of ~ 8'7S shall be added to each installmRnt remaining u~pa~d 7 days afler its due date, and a tike sum shall be added to each such instaltment remaining ~npaid 7 days after y.~ each succeedir.g payment date. ~ Each maker, surety and endwser hereof, jointly and severally, waives demand, presentment protest and notice of protest fw nonpayment, and further agrees to any extension of time of payment, e~ther before w after maturity, without notice to any of us; and to pay all costa of collection, includ:ng s reasonable atto~ney's fee in the event of any default he~eunder, and hereby severally waives all benefit of homestead and exemption under the constitution and laws of each State of the United States, as against this obligation w any eatensio~ or renewal hereof. ~ Witness the hand and 'seal of each party. 1 ~ (SEAq s Kenneth R . Drew ~A~~ _ _ (SEAL1 _ s velyn L. rew ~~U ~ 32.40 ~ state Revenue (srampa ssw~eued a? -owgw+al-nae) NOW, THEREFORE, the MORTGAGOR iw the purpose of secvring psyment of said sum of S 21a 6~•0O snd the perfwmance of the covenanls and agreements hereinatter expreised, and fw d~vers good and valuable considerations, by fheu presents, does gr~nt, bargai~, sell, rem~se, release, convey and confirm unto the Ml7RTGAGEE, its successors and as~igns, all that certain lot, piece or parcel of land, situate, lying, and being in the County of St. LZ1C1@ _ _ and State of Fbrida, dcwibed ss follows: _ Commence at the Southeast corner of Lot 12, thence run North along the East line of Lot 12 a distance of 125.0 feet to a point, thence run Northwesterly 136.61 feet to a point at the intersection of l.ots 4, 5, 10, and 12, thence run Southerly parallel to the East line of Lot 12 a distance of 63.44 feet to a point, thence run Easterly parallel to the South line of Lot 12 a distance of 16.50 feet to a point, thence run Southerly parallel to the East line of said Lot 12 a distance of 158.47 feet to a point on the South line of Lot 12, thence run Easterly along the South line of Lot 12 a distance of 80 feet to the Point of Beginning. All of the above desc ribed lying in and being a pa rt of Block 173-A, Unit 12-A, LAKEWOOD PARK SUBDIVISION, as per plat thereof on file in Plat Book 11, pages ~ 35, 36 and 37, of the Public Records of St. Lucie County, Florida, ? i i ~ ~ . ~ ~ o ~ ~F ~~~R~~a•~ ~ ~ ~ CUMENT~RY STAMP TA X~ W PA1'MtM OF ~ DUE OM pJ1SS 'C• IMTANGl~E " OEPt. Of ftfYENYE • ~ ~ ~ " p~1RSIlANT Tp ~R~ • ` ° _ = SE..~~„ ~ 3 2. 4 O 1 ~S ~ ! o ~ o=~~~o: ~ ct~c cuaaur oou~G s~, wc~ co~, aw togethe~ with all and singular the tenements, hereditaments and appurtances thereunto belongi~g w in anywise sppertsining thereto, and all rents, istuei. procceds and profiti accruing and to accrue from said premises, all of which are included in the above and foregang description and habendum. TO FIAVE AND TO HOID the above described and gronted premises unto the aaid MORTGAGEE, its successors and suigns forever. And tM said MORTGAGOR for their executors, administrators and a~signs, hereby covensnts with the s~id MORTGAGEE, it~ wtcesson u+d auipro, the are ~hat - lawfully xized of the said premises in fee simple; that the same sre free, ckar and dischsrged from all lienf ~nd encurtr brances in law w in equity, and that they W~~~ a~ thel= heirs shall warrsnf and defend the fitle fo the tame fo 1M said MORTGAGEE, its successors and assigns, faever against the lawful claims and demandt of all persons; ~ Y. P~ P Y PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the pranisso?y rwte Ix?einbefore detcribed and shall trul om tl and fully perform, dixharge, execute, complete, comply with and abide by each and every the stipul~tions, agreements, conditions and covenants of said ~ promissory note and of this Mwtgage, then this Mortgsge and the Estate hereby ueated shall cease and be null and void. ~ ~ IT IS UNDERSTOOD that the word "Mortgaga" whether in the singular w plural anywhere in this Mortgsge, shall be singulsr if one only and ~ shall be plural jointly and severally if mae thsn o~e, and that the wwd "their" as used anywhere i~ this Mortgsge shall be taken to mesn "his;' "hen;' ~i or "its;' wherever the context so implies o? admits. Also, that wherever there is a reference in the covensms and agreements herei~ contained fo any of ~ the pa~ties hereto, the ssme shall be construed to mean as well as the F~eirs, legal representatives, sutcessors and sssigns (either voluntary by ~tt of the ~ parties or involumary by operetion of the law) of the same and that the covmants herei~ co~tained shall bind and the benefits and advanta~es inure to the respective heirs, legal ~epresentatives, successors a~d au•gns of the parties hereto. And said Mortgsgors, fo. tF~emselves and their heirs, legal representatives, succeuors and auigns, hereby jointly and severally covenant snd ayree to and with the said MORTGAGEE, its succe:sors snd assigra: 1. To pay all ar?d singular the principal and interest and the various snd aundry sums of money payabte by virtue of said promissory ~ote, u?d thi~ mortgage, each and every, promptly on the days respectively the same severaUy become dve. 2. To pay all and singutar the taxes, assessmenn, levies, lisbilities, obligaYans and encvmba~nces of every nature and ki~d now on ssid described properfy, w thst hereafter may be impoted, sufferoA, plxed, levied, o~ asseued thereon, a thst here~fter may be levied a e~sessed upon thu Mat¢ age, or the indebtedness secured hereby, euh and evay, when due a~d psyable, eccwding to law, before they become delinqueM, snd befwe any interest atraches or any penalty is incurred; AND INSOfAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROIVIPTIY SATISfIED AND DISCHARGED OF RECORD ANO THE ORIGIP3AL OFfICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SA115fACTION PAPER OFfIC1AllY ENOORSED OR CERTIfIED) SHALL BE PLACED IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event lhat any thereof is not paid, saYSfied and discharged sa'd MORTGAGEE msy at any time pay the same w sny part thereof without waiving or affecting any option, lien, equity or •iqht under or by virtue of this mortgage and the fuil amount of each and every such payment shall be immediately due and payable and shall besr interest ~rpm tl~e date thereof until paid at rate of nine per centum per anrtum and together w~th suth interest s~II R~~ured b~ the lie~ofOt~ motgtsye. ~rl[~ 3GG?( .~VO aG< < r _ - w:y~~ _ ~ ~ . . _