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Home My WebLink About2955 ~47"~"y'~? ~ ~ . . THIS INDENTURE. Made the 13th day of February A.D. 19 73 between Kenneth R. Drew and Evelyn L. Drew, his wi~fe of St . Lucie Cq~nty Flaid~, hereinafter designated as the "MORTGAGOR," and FIRST FEOEkAI SAVINGS AND LOAN ASSQCIATION Of FORi PIERCE, ~ co~poration wganized and existing under the laws of the United Statos of Americ~ and having itt printipal pl~ce of buiineu in ths City of Fort Pierce, St. Lucie County. Florida, hereinaiter drsignated as the "MORTGAGEE:' WHEREAS the MORTGAGOR is jus~ty indebted to the MORTGAGEE in the a~m oi i 21 ~ 6~•~~ good and lawiul money of the Un~ted Sfates advanced by the MORTGAGEE umo the MORTGAGOR, as evidenced by a certe~n promisswy note of even date herew~th, of wh~ch the following in words and figures is a t~ue copy, to-wit: ~ 21.600.00 No10019430 fwt Pierce, Flaida, Februa ry 13 ~ 19 73 t for value received, I, we w eithe~ of us, promi e to a without defalcation, to ~he order of FIRST fEDERAI SAVING~S AND LOAN ASSOCIATION OF FORT PIERCE at Fort Pierce, fbrida, the ~wlm of S 2~~ 6~~•~ ~ _ wnh inrerest from date at the rate of 7'~OO per annum, in monthly install- ~ ~nenrs as foRows: S 178•~~ on tMf'~th day of ~Pril ~9_73 and a like sum on the cwrespond~ng day of each month there- ~ afrer until the whole be fully paid. 3 Each installment first shall be applied in payment of the interest and then on the unpaid balance of the princ~pal sum. If daievlt Es made in ihe Nayment of any installment when due, and such default tontinues 30 days, then at the option of the hotder, and without any other ~ot~ce, atl the remaining J ~ni~allments shall be due a~ payable at once. Privilege is g~ven to prepay this note in whole or in part at any time without penalty. Neither forebearance, ~ nor acceptance by the holder thereof after any default in any payments hereon, shall be deemed extension. A late payment charge of S 8~9O sF:all be 1J' added to each instaliment ~emaining u~pa~d 7 days aiter its due da:~, and a like sum shall be added to each such instaliment remain:.g unpaid 7 days after each svcceedirg payment date. Each maker, surety and endorser hereof, jointly and severally, waives demand, p~esentment protest and notice of protest for nonFayment, and further t~ agrees to any extension of rime of payment, either belore w aiter maturity, without notice to any of us; and to pay all costs of collecfion, includ;ng a reasonable attorney's fee 3n the event of any defauit hereunder, and hereby severally waives all benefit of homestead and exemption under the co~stituta~ y~ acd laws of each State of the United States, as against this obligation w any extens~on or rcnewal hereof_ Witness the hand and seal of each party. ~ (SEAI) ~ s/ Kenneth R. Drew (SEAL) ~j (SEAL) ~ ~ $32.40 s/ Evelyn L. Drew ~~qu ; ) State Revenue v i~~pa-o+wcdl~L ~r?.arisiwal wMd NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of ss~d aum of S 21~6~.~~ and the performance of ths covenants and agreements hereinafter expressed, and for divers good and vsluable considerations, by these presents, does grant, bargsin, selt, remise, relrase, convey and confirm unto the MORTGAGEE, its succeswrs and auigns, all that certain lot, piece w parcel of land, situate, lying, and being in ths County of St . Lueie and State of florida, dewibed as fdlows: _ Commence at the Southeast corner of Lot 10, thence run Northerly 80.00 feet to the Point of Beginning. Thence continue Northerly along the East line of Lots 9 and 10 a distance of 80.00 feet to a point, thence run Westerly 157.79 feet to a point which is 6.90 feet South of the intersection of Lots 5, 6 and 9~ thence run Southerly parallel to the East line of Lot 9 a distance of 80.00 feet to a point, thence run Easterly 157.'79 feet to the Point of beginning. All of the above described lying in and being a part of Block ~ 173-A, Unit 12-A, IAKEWOOD PARK SUBDIVISION, as per plat thereof on file in Plat Book 11, page 35; 36 and 37 of the Public Records of St. Lucie County, Florida, i i ~ ~ ~ Q~~v~. s o~ ~ fl0 N ARr~ , tA1N~ iA x~ ~ c 6 E? i. R E r E~ _ 1 R a: E 1 Y E D IN PAYIYI E N T O F T 1 U( E S ~ ~ ~ i i ~ i 1 Z. ~ ~ ~ DUE OM CU1SS 'C INTMIG!BLE PE~SOh.1l PhWERIY~ ~ o ~ pURSlIANT TO CF{APTER 71-13a, ACTS OF 1811. ~ _ o = ~~~02 " ~ ROGER POITitl1S . ~ qf11K CIRCtlIT OOURT, S~. WCIE 00, F!J? ~ ~ ~ ~ ~ ~ ~ogether with aIl and singular the tenements, hereditaments and appurtances there~nto belonging w in +nywise appertainirg thereto, and all rentt, issues, ~ proceeds and profits accruing and to accrue from said premises, all of which are included in the above end foregoing description and habendum. TO HAVE AND TO JiOID the sbove described and grsnted premises ~nto the ssid MORTGAGEE, its successo~s and asi~gns fwever. And th~ said ~ MORTGAGOR for thei r executas, administrators and assigns, hereby covenann with the said MORTGAGEE, its successors and euigra, x rhat th~ a re iaWf~uy x~zed of the said premises in fee simple; that the same sre free, clesr and dixharged irom all liens and tncvm~ ~ brantes in law or in equity, and that they M,;~~ a~ their he;rs shall warraM and defend the title to the same to the said MORTGAGEE, its sutcessors and assigns, faever sgainst the lawful claims and demsnds of all persons; ~ PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore desvibed and sMll tnrly, promptly and fully perform, d~scharge, execute, complete, comply with and abide by each and every the ttipufations, agreements, conditions and covenants of said Fromissory rate and ot this Mortgage, then this Mwtgage and the Estate hereby created shall ceax snd be null and void. ' IT IS UNDERSTOOD that the word "Mortgsga" whethe~ in the singular q plural anywhere in this Mortgage, shall be si~gular if one only and a shall be plural jointly and severslly if more than one, and that the word "their" as used anywhere in this Mo?tgage shall be taken to mean "his" "hen;' or "its;' wherever the context w implies or admits. Also, that wherever the.e is a reference in the covenants and agreements herein contained to any of rhe parties hereto, the same ahall be construed to mean as well as the heirs, legal representatives, successwt and assigns (either voluMary by ~cr of the parties or involuntary by operat'an of the Iaw) of the ssme and that the covenants herein contained shall bind a~d the benefits ~nd advantages inure - ro the respedive heirs, legal representatives, successors and ass'gns of the panies hereto. :3 And ssid Mwtgsgors, fw themselves and their heirs, legal representatives, successors a~d assgns, hereby joiMly and severolly covenant and ayree - ~o and with the said MORTGAGEE, its successors and assigns: 1. To pay all and sir?guisr the p?incipal and interest and the various and sundry sums of money payab~s by virtue of said promiisory note, and this ?s mortgage, esch and every, promptly o~ the days respectively the same xverally become due. ~ 2. To pay a11 and singular the taaes, assesunents, levies, liabilities, obligations and encumbrances of every nature and kind now on said described " property, or that hereafter may be imposed, suffered, plated, levied, or assessed thereon, or that here~fter may be levied or ~ssessed upon this Mwty- ~ age, w the indebtedness secured hereby, exh and every, when dve +nd pay+ble, accwding to Iaw, befwe they bccome delinquent, snd befwe sny interest ' attaches ot any penalty is irxurred; AND INSOfAR AS ANY TNEREOF IS OF RKORD THE SAME SMAII BE PROMPiIY SATISFIED ANO DISGHARGEO OF ttECORD AND TNE ORIGINAL OFfIC1Al OOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAIIY ENDORSEO ~ OR CERTIFIED3 SHAII BE PLACED IN THE HANOS OF SAIO MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not Pa~d, saYSfied and discharged sa d MORTGAGEE may at any t~me pay the same or any part thereof without waiving or affecting any option, lien, equity or _ .~~ht under or by virtue of this mortgage and the full amount of each and every such payment shall be immcdiately due and payable and shall besr inferest ~rom rhe date thereof until paid at rate of ~~ne per centum per annum and together w~th such interest i II be secu~ed by the lien of fh s morgtage. 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