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HomeMy WebLinkAbout1514 ~~~~~s ~ THIS INpEA1TURf, AA~d~ tlr- a6th d~y ~f " RQ~lt1~Yy - A.d. 1973~ between KennQth R~Drew and 6velyn L. Dsew, his wifg • G{ _ rJt ~ L11C~~ Cpi~ty Florida, haeinaftet dcs:~nated ss tM "MURTCJ?vOR;' and fIRST fEDERAI SAVINGS AND IOAN ASSOCIATION Qf FORT PIERCE, • corpwat:on or9anizad and ex~ttirwJ unda~ tM taws ot the U~1ted St~~K of M+eriu and havinp in prircipal pi+c~ of buiuwss in th~ City of fon P:s~cs, St. luci~ Covnty. Fbrida. hereinaftN d~sgr?ated as tF~ "MORiGAGEE:• WHEREAS the MORTGAGOR is justiy indabtsd to tM MORTGAGEE in ths sum of S ~.2-s8~. 9oc~d and iawful monsy of the Un~trd Stetes adwnced by the MORiGAGEE umo ths MORTGAGOR, as ev!d~+xrd by a urtain promissay oote of even da?e hercwith, af wh~:h the loltowinp in ~ords ~nd ii9ures is a trua copy. towit: s 22~800.00 r,~, 10019475 Fwt Pieres. F~«~da, RebxuaYy 26 _19 73 for valve receivcd, 1, we w eitl~ of us, prom~se to pay, without dc~alc,~iia+, •o ~he ordr~ of FIRST FEUERAI SAVINGS AND IOAN ASSOCIAT:ON OF FOQT PIERCE at Fo?t Pierce, Florida, the sum of S-?2s8~•0O w;rh interesr trom date at the rate ot 7~7~ per ar+num, in monthly instatl- mznts as fol!aws: S 1S8 on the 1~b day of ~y . 19 73 and s like sum on the cwrespond~ng day of each month there- ~~tcr until the whole be fully pa+d. ~ Each ~nstallme~l (irst shall be appl:ad in pay :xro of Pne interest and tF,cn on the unpaid balsnce of tF?e p~inc~pal sum. If default is msde in the pay~nent of any ins~allment when due, and such default continues 30 days, the~ at the optro~ of the holder, and withoui any o!i~er notKe, all ~he remaini~g ~nsrattrtKnts shall be d.,e an~ payab:e at once. Privi~ege is given to prepay this note in whele or in pa?t at sny time without pcnaltY• tJe~ther twebearance~ , r.w atceptance by the hotder thercof afrrr any default in anY paYmcnts hereor?, shall be deemed extens~on_ A late paymcet charge of s 9•'4O shall be addec to each i~staUmcnt remairting unpa~d 7 days after its due date, and a like sum shall be added ro each such installment ~emaining onp~?k1 7 de~y after ~ eacn succeeding Fayment date. ~ • Each maker, wrcty and endorse~ he~eot, joiNly tnd sevenlly, wa~ves demand, preser.tmem protest and notice of protest for nonpaymenl, and furtFee~ agrees to a~y extens:o~ of t~me of payment, e~t}xr brfore w after ma~urity, wi~hout ~or~ce to any of us; a+id to pay all costs of co~ltction, :nclud~ng a reasonabk attwnry's (ee in the event of any de:autt hercunder, and hereby severatly waives all benefit of homestead and eaemption under 1he constituYw~n a~~d laws of each S~ate of ~he United States, as against th~s cbligaticn or any cxre~s~on o~ renewal hereof. ~ . W~meu the hand and seal of each pa~ry. \ _ • ,gf K neth R D~[p~+ (SE~?U (s~?q q~ Svel v:~ I.. ~t ew cs~?U ~w ~ r ~~•2O ) Stste Revenut (SQ~ps~an~eYW~.orsiwL~o+ey• NOW, THEREFORE, the MORTGAGOR 'or the purpox of secu~ing payment of sa~d sum of S- 22 -BQ~.OO and the perfwmance of the , covenants and agreementa here~na(ter e:p...:sed, a~d fw d~vcrs good and valuable considerat~o~s, by these presents, dxs g~ant, bargain, sdl, remise, releax, convey and tonfirm unto the MORTGAGEE, its sutteuws er~d auigns, all that certain IoL piece or ptrtel of land, sitwte, (yi~g, and being in the - ~W~M ~ $t. Lueie and Sute of Fbr~ds, described ~s follaws: ' Lot 6, Block 173-A, 4AKBMX)OD PARK, UNIT 12-A, as per plat thereof on file in Plat Book 11, Page 35;36, of the Public Records of St. Lucie County, Florida 4 ~ ~ I . pF ~ ~ ~Q a ~ ~ ~ _ . . ~ ~ r?~ , ~O~ ~ -rE ~ =3~.Z~~ ~ ~ m °-E ~;r;~•r~s t ~ ` ~ ~ ' R~~ ' IT! PAYMENT Of tA~B o = P.~- ~ ~ _ iNOi ~UE pM CLASS'C INTAti616LE PE:!S:~'i~l ?P0~'ERIY, UE / o pQi~111Ni TO qNPTER 71-134. I1CTS OF 19)1. ~ f ROGER POITWIS ~ qF(ai ClRqllT GOURt, ST. LUCIE 00., fUl rogeihN wilh all and s~ngul~r the tenements. hereditamenb and appur»~cs thereunto belaging a in anywise appatsining thereto, and all rentf, issues. proceeds ~nd prof~ts scvu~ng sa~d to xvue fra i ssid premises, all of wFiKh are includaJ in the above and foregoing descriptwn ~nd habendum. TO HAVE AN~ TO NOID the above descri4ed and granted premises umo the ssid 1NORTGAGEE, its successon u~d +ssigns forever. Md tM said htORTGAGOR for L-hg1Y _~~~s, e:ecutws, administratws sr.d assgns, hcreby covenants with the said MORTGAGEE, it~ succtaso~~ u+d utiym, ~ rhat lawfulty seized of the said prernises in fee simple; tMt the ssme ue 1ree, desr and dixhsrged from all liens and encum~ ~ brancrs in law or in equity, and that t~_ will and their hein shall warra~t and defend the title to the same to the said 4 ~+10~2iGAGEE, its successors and assigns, fo~ever against the lawful claims and demsnds of all persoro; 5 PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the 11110RTGAGEE the promiuory rate herei~befwe dexribed and shall truly, promptly ~ a~d fully perfum, d~uFK ~ge, execute, compkte, comply wirh and ab+de by each and every the srip~la~ioru, agreements, conditions snd covenann of seid promissdy note and of this Mort9age, then th~s tillortgage snd the Estate hereby veated shsll cease and be ~ull snd void- ~ ~ IT IS UN~ERSTOOD tF~at tF~e wwd "Mwtgaga" whethe? in the s~ngular w pl~ral anywhere in this Mwtgsge, shsll be sing~lu if one only ~nd shalf be plural jointly and severally if more thsn wrc, and that tFx word "theer" as vsed anywhere in tha Mortgsge shall be taken to n:esn "his;' "hen," ~ or "its;' wherevcr the conte~et w implies or sdmits. Also, that whe~ever there is s reference ia the covensnts and agreements herein conained to aoy of ~ the parties herdo, tht same shall be construed to mesn ss well as the hei!s, kgsl representstives, svccesson and suigns (aither volunury by acf of the ~ partiq a invduntary by operation of the law) of the same and that the covenamt htrein tontsined shall bind snd tl~e berxfits ar?d advantsgd inure ~ ro the respective he~n, legal ~epreser.tatives, successon and su'g~s of the psrties herero_ And said Morrgsgors, for tiromselves and t!+eir neirs, legal representatives, successo?s and assigns, hereby joiniiy ~nd severatty cwenant arxi a9ree ~ ro and with tht said N!ORiGAGEE, its svccessws and auigns: 1. To psy ~II and singular tFu principal snd i~terest and the various snd sundry sums of money payabk by vi?tue of said promisaory rate, ~nd this ~ mortgage, each and every, p~omptly on the days respectively the same se~erally become doe. 2. To p+y aIl ~nd singular the taxes, assesuncnts, levies, li~bitities, oblgstans and ennxnbrarxes of every nature and kind now on sa~d described P~oPe?h, u? that hereafter may be imposed, wffered, placed, ~evied, w auessed tF~reon, w that herea(ter msy be levied w ~ssessed vpon this Mwt¢ aye, or the indebtedness secured hereby, esch ~nd every, when due and payable, accwdirsg to law, befae they become del~nquent, ~nd before any interes~ atrtches or any oenalty is inturred; AND INSOfAR AS ANY iHER'cOF IS OF RKOR~ TME 5/1ME SHAII BE PROIMPTLY SATISFIED AND DISCHARGED OF RECOR~ AND TNE ORIGINAL OFFICIAL OOCUMENi (SUCH AS, fOit INSjANCE, iHE TAX RECEIPT OR THE SATISFAGTION VAPER CFFICIAILY ENDORSEO OR CERTIfiED) SHAII BE PIACE~ Ilti THE NANDS AF SAID MORiGAGEE WITHIN TEN ~AYS NFXT AFTER PAYMENT; and in the erent that any thcreof is not ~ pa~d. saYsfied and d~xharged sa:d NIORTGAGEE may at any nme pay the same a any part thereof without waiving w affeding any optiw~, lien, eq~ity ot •~qh~ under or by virt~e oi this mortgage and the full amount of each and every svch payment shall be immediately due and payabk and shall bear interest ~ ~rom rhe date thereaf umil paid ar rate of n~ne per centum per annum and together w~th such inrernt shall be srcued~y oi th:s ~ r~ r~ ~t ~ CTi~! e ~ . s ~ - - ~ . ~ s _ . _ ~-~`a. ~~k`e~ ~ .~v ~a~.': _ . _ . . . ~ , . _ . ~ rw 3u'~i