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Home My WebLink About1970 THIS INDENTURE, Made the_ 24th day of November A.~. ~9 72 between _ ~ ~ ~ Kenneth R Drew and hvelyn'L. Dze~r, his wife of St. 1'uCie Co~nty Flaida, Ixreinafter desgnated as the "MORTGAGOR," and FiRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF FORT PIERCE, a torporation wganized and existing under tM laws of IM Untted Statoi of Ameriu snd hsving its principal place of budne~s in tM City of Fwt P~erce, St. luc;e County, Fla~da, hereinafter dcsignated as tM "MORTGAGEE:' ~ WHEREAS the MORTGAGOR is justly indebted to the MORTGAGEE in the svm of = 23•~~~ , goud and lawful money of the Un~ted States advanced by the MORTGAGEE unto the MORTGAGOR, as evidanced by a certain promis3ory no~e uf even da~e herew:th, o( wh~cA the totlowing i~ words and f~gures is a true copy, ~o-wit: S 23,000.00 ~_20029089 Fort Pierte, florida, November ,~4 ~q7'Z Fw value received, 1, we w either of us, prom~se W y without defalcation, to the order of FIRST fEDERAI SAVINGS AND IOAN ASSGtilAT10N a7f FORT PIERCE at Fort Pier.e, Fiorida, the sum of 5-23 w~th interest from date at the rate of 7~ 5°o per annu~r, in mo•dhty insia~l- " ~nents as foltows: S I86.~0 on ~h~ IOL~tday of Mareh ~q_ 73 and a like sum o~ the correspond~ng day o! each month th~re- after until rhe whole be fu~ly paid. . Each ;nstallmenl fint stiall be aFplird in paymeM oF the interest and ~hen on the unpaid ba~ance of the printipal sum. If default is mede in the paymem of any installment when due, and such default cont~nues 30 days, then at the op~ion of the holder, and without any o~her not~ce, all ihe remai~~ng ~ ~nsta~lments shati be d~e and payable at once. Privilege is qi~en to prepay this note in whole w in part at any time without pe~ahy. Neither forebearance, rsor atceptance by the hoJde? thereof after any deiaub in any payments hereon, shall be deemed eatension. A late payment charge of j_9 ~ 3~ , sh~ll be ~ added to each insrallment remaini~g unpa;d 7 daya after its due date, and a like aum shall be added to each such installment remaining unpaid 7 days after ~ each succeedirg payment date. Eacn rnaker, surety and endorser hereof, pintly and seve?ally, waives demand, presentment protest and notice of protest fw nonpayment, and funhe~ agrees fo any eztension of tin~e of payme~t, either before or after maturity, without notice to any of us; and to pay all casts of collection, includ:ng a reasonable attorney's fee in the event of any defautt hereunder, and hereby seve~a~ly waives all benefit of homestead and exemption under the tonstitutan \ and laws of each State oF the United States, as agains~ this ob~igation or any extension w renewal hereof. ~ Witness the hand and seal of each party. ~ (SeAt) S ICenneth . Dre~v ~A~~ , ~wt) S/ Evelyrl L. Drev~? ~ ~34 • ~ ~ State Revenve ~~u " (Sr~ eancrUed -0o v~igin~l.+wte) ~ 23 000.00 NOW, THEREFORE, the MORTGAGOR tor the purpose of securing payment of said sum of S ~ and ihe pertormance of ths covenant~ and agreemenes he?einafter expressed, and for d~ver~ good and valuable considerstions, by these preunts, does grant, baryai~, sell, remise, retra:e, convey and confirm unto the MORTGAGEE, its succeuors and asaigns, atl that certain Iot, piece w pucel of land, situate, lying, s~d being in tha County of $t. L'uCle and State of Fbrida, desuibed as follows: Lot 26, Block 137, LAKEWOOD pAR1C~UNI? 11, as per plat thereof on file in Plat Book 11, pages 32A, B, C, and D, public recards of St. Lucie County, Florida, . OE~~, . . . ~ E'~ oN oE ~°yt1. ~/lo ~ ~~t iG~~~"E,,eA~,Ps~'~S a Q~UME E RY . FLO R I Dl~. ! J \~`1v ,~~,r ~c';' (~w o- _ ~STAMe' TA~ OS- S•G .~a ep~~ 1,~1f+ ~ DEPT_ O~ (tfrENtJE ` ~ R~~~'~~E•: p ~y''~-R~Z. S~ ~ ..c ~ G i ~ ~ o= P.. ~ 3 4. 5 01 Q~¢S~ A ~~~~U~~ ~ _ o ~,~~ot 'e...~`' ~ G~ togNher w~th all snd sinyular the teneme~ts, hereditaments and appurtances thereunto belonging w in anywise appertaining thereto, a~+d ~II remi, iuues, proceeds and profits acauing and ~o acuue from said premises, all of which are included in the above and foregoing description snd habendum. TO HAVE AfVA Te1HrOLD the above described and granted premisei unto the said MORTGAGEE, its successors a~d auiyns fwever. And tht iaid MORTGAGOR fw T~~ heirs, executors, administrators and assigns, hc~eby covenanti with the uid AAORTGAGEE, iri succes~ors ind auigm, the~? a r_e_ rhat - lawiuily ~fie of the said premises i tfee fimple; that the ssme ~re free, clear and discharged from all liens and encvm~ brances i~ law or in equity, and that y W~p a~ heir hein shsll wurant and defe~d the fitle to the same to tM s+id MORTGAGEE, its successws and auigns, fwever sgainst the lawfvl claims and dem~ods of sll persons; PROVIDED, AIWAYS fhat if the MORTGAGOR shall psy unto the MOR7GAGEE the promissory rate hereinbefore described and sMll truly, promptly and futly perform, d~uAarge, execute, comptete, comply with and abide by each and every the stipulafions, sgreemenfs, conditions and covenanri of said promissory rate and of this Mortgage, then this Mortgage and the Estate hereby ueated shsll cease and be null and void. IT IS UNDERSTOOD that the wwd "Mortgagor" whether in the singular w plwa) a~ywhere in this Matgage, shall be singular if one only and ahall be plural jointly and severalty if more than one, and that the wwd "rheir" as used anywhere in this Mwtgage shall be taken to mesn "his," "hen;' or "its," wherever the conteat ao implies w admits. Also, that wherever there ii a reference in the covenants and ~greementt Fierein contained to ~ny of the psrtiea hereto, the same shall be construed to mean as well as the heirs, legal rspresentatives, sutcessas and assigns (either voluntary by act of the perties o~ involuntary by ope~ation of the law/ of the same and that the covensnts herein contained shsll bind and the benefiri sod advantsges inure ro the rapective heirs, legal representatives, succeuors and ass~gns of the parties hueto. And said Mortgsgors, fw themxlves ar+J their heirs, legal reprexntatives, succeuas snd assigns, hereby jointly and severally covensM and agree to and with the ssid MORTGAGEE, irs svccessors and assgru: 1. To pay all and ~ingvlsr ths p~incipal and interest and the various and sundry sums of mo~ey payeble by virtue of said promissory note, and this mortgsge, each snd every, promptly o~ the days respectively the same severally become due. 2. To pay sll a~d •ingular the ta:es, assessments, lev"~es, li~bitities, obligatiom and encumbr~nces of every nature a~d feind now on said described property, a thst he~eafttr may be imposed, tuffered, plated, levied, oi assesscd thereon, w that hereafter may be levied a~ssessed upon tF?a 1Nort~ age, w the indebtedness secured hereby, each and every, when due and psyable, scc«ding to law, before they become delinquent, and before a~y iMeresl attachcs w any penalty is inc~rred; AND INSOFAR AS ANY THEREOf (S Of RECORO THE SAME SHALL 8E PROMPiLY SATISFIE~ AND DlSCHARGED OF RECORD AND THE ORIGINAL OFFICIAL DOCUMENi (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICIAILY ENDORSEO OR CERTIFIED} SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN OAYS NEXT AFTER PAYMENT; and in the event fhat any thereof is not paid, saCS/ied and dixharged sa;d MORiGAGEE may at any tirne pay the same w any pan thereof without waivirg w a(fettirg sny option, lien, equity a •~qht unde~ or by virtue of this mortgage and the full amou~t of each and every such payment shall be immediately due and payabk and shall bear intere~t <<om the date thereor until paid at rate of ~~ne per tentum per •~u~n y~~ppFther wit~~~n~ est shatl be secured by the lien of th:s magtage. ~ l~ 1S~! ` . ~irL1V ~U ; _ R~'~~~' ` ~ - r~~ -:::ra ~ ~~•n ~ ~ : , ar ~ . .s~::.-. ; t'~ . , ~v - . . - r-a~°~x _