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Home My WebLink About1516 ~~o~ti~ ~ THIS INOEtiTURE. N4d~ tM 26th d~Y of Rebruary A.D. 19 73 banMSen Kenneth R. Dre~r and Bvalvn L. Drew, his wife of ~,t~~@ Cc+~~ty Flwida, he~einai~er dts~gnated +s tM "MORTGACsOR," and FIRST FEDERA! SIIVINGS AND IOAN ASSOCIA?ION Of FORT PIEKE. • corpwat~on wyani:sd and ea~~~iny under tM laws o( tM Ur~ted Stu~s ol America a+d 1?aving its pruxipal plxe of busuwss in tM City of Fort Pierc~, S1. lucie Counry, fbrida, har~inahtr desynated as tF» "MORTGAGEE:' WHEREAS the MORTGAGOR is jwlly indeb~ed ro the MORTGAGEE in tM sum of S 24 a8~• ~ 9000 ~rtd ~awful monty OF the Un~fc•d S~ates sdvanced by the 610R~GAGEE unto the M01tTGAGOR, as evide~xed by a ce:te~n pronussory nota of even dare herewith, of wh~ch ~he followirg in words and fgures is a trvs copy, to-wit: ~ s 24 ~,A00.00 ~ 10019474 P;~~~, F~a;~,, Rebruary 26 ~9_23,_ fa vafue received, I, we w e~~he~ of us, promise to pay, wi~hout defalcat:on, to the order of FIRST FEDERAI SAVIN(;S AND IOAN ASSOCIATION OF f.ORT PIERCE at Fort Pierce, Florids, ~ha sur.~ of f 24a~t~ - with ~nterest from date at the rate oi ~,o pe~ annwn, in monthly install- v ~nrnfs as follows: = 2~ _ on the .~1L day of -7l1lfe 191~. . and a Gke sum on t:.e cwrespa~d~ng day of each month itxre- .1 after until the whOte be fully paid. : Each installment fint :hall be applird in paymcn~ of the interesf snd then on the unpaid balance of the prirxipal sum, If default is mad~ in the , ; aymrnl of any installment when dve, and such defauli continues 30 days, the~? at ~hr opt~on of the hotde~, and witnout any othe~ notice, ail the ~emaining i ~nstallments shall be dve and payab:e et once. Priv.icge is give~ to prepay this note in whole w in part at any time wethout penalty. Neithe~ forebearanct, nor accepfante by the hold•y lhereof after any drfaull in any payments heroon, sAsll bt dremed eatension_ A late payment chsr~e o( S 1O• 2Osha~~ be added to each instaiir.~ent remain~ng unpa~d 7 days ~ita its due date, and a like sum shall be added to exh such instalfinent remai~~ing urpa~d 7 days aftK each suctcedi:g payment date. ~ Each ma?er, surety and e~dorse~ htreof, jointly and seve~ally, waivcs demand, presemment protest aad no~ice of protest fw non, aYmen!. and further ~ agrees to any extension of tirtre of paymenl, e~ther before w after matur~ty, wirhout not~ce to any of vs; a.~d to pay all co:ts of collection, includ:ng a ssonable attorney i fee in t(x event any defa~lt hereundrr, and hereby severa~ty waives all benefit of homestead and exemption w~de+ tF~e constitusan a~,d laws of each State of the United States, as against this oEligafion w ar+y extenaio~ a renewal hereof. - \ v Witneu ihe hand and seal of each parry. . s/ Kenneth 12. ~E'1~ r (SEAU (SEAU s/ evelvg I. Dr~.r cS~?u ,r ; $37 • 20 ~ sts?~ a~~N?~ ~ ' t~~p-wwlbi.r..«i~~.al.we.i~ ~ MOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of S 24 s 8~• ~ and the performancr of the covenants and +grtrmcnts hereinafter e~cpressed, and for divers good and va~~able cons~derations, by these presen+s. doea gro~t, bargain, setl, rcm~se, release, convey and confirm unto the MORTGAGEE, its succeuors and auigns, all ~hat ce~tain lot, piece or pucel of Isnd, sitwte, lying, and being in the Co~:nty of $t. Lueie and State of Flwids, dewibed as foilows: Coaaence at the Northeast corner of Lot 9, thence run South along the Bast line of said lot a distance of 157.46 feet to a point, thence run Westerly parallel to the Nozth line of L.ot 10 a distance of 157.~9 feet to a point which is 6.90 feet South of the intersection of Lots 5, 6 and 9, thence run North 6.90 feet to the intersection of Lots 5, 6 and 9, thence run Northeasterly 222.92 feet to the Paint of Beginning. Al1 of the above described lying in and being a part of Block 173-A, Unit 12-A, LAKQWOOD PARK SUBDIVISION, as per plat thereof on.file in Plat Book ; 11, pages 35, 36 and 3? of the Public RECOrds of St. Lucie County, Florida.v! I I - ~ ~ ~F F ORIDAt ~ ~..,~~tAMP tA>; R~StYFD ~ ppCUN1ENIARY ~ t = - ~ IN PAYbt:tiT OF 7AX~`: ~ DEi(-Of REYEN{IE ~ • NE OM CIASS'C INTAN6181E PER9Q:i=l PFOP~Rt7, - _,wt.,•» ; 3 T. 2 0 t ~u~r To aa~~R ~i-i~a. ~cTS o~ ~~,i. ~ ~ ~ ~ IIto2 I ROGER POITRA,; CLEJ~( ClRqllT COtlRT, ST. LuC1E rA, flA ~ 0 together with all and singular the tenements, hereditamrMS and appurtances tExreunto belongiag or i~ +~ywise sppertaining thereto, and a!1 rmts, iuues, proceeds and profits xcruing and to accrue from said premius, all of wh~ch ue includej en the above and foregoing description snd hsbendum- TO HAVE AND TO HOIQ the above dewibed and granted premises unto the ssid MORTGAGEE, its suaessors snd assigns forever. Md ihs said ~ MORSGAGOR (or - thelr he~rs, executas, admi~istratws and assgns, hereby covenants with the ssid MORTGACsEE, its sutteuws snd assiyro, ~ ~hat ----t~Y-ar~swfully se~zed of tl+e wid premises in fee simp{e; that the same are free, ckar and dixharged from all liens and encvm~ ~ orances in !aw or in eyuity, and that they w;11 and thelt heirs shatl wsrraM and defend ttx tiNe ro the ssme to the said MORTGAGEE, its s~ccessws and au~gru, forevcr against the lawful claims and demands of all, persan; ~ PitOVIDED, ALWAYS that if the M04TGAGOR shatl pay unto the MORiGAGEE the pramisswy note hereinbefae oescribed and sha~l huly, promptly and fully perferm, diuharge, eaec~te, comple+e, comply with and ab~de by each and every the stipulat~o~s, agree.nents, conditions and covenants of said ~ prQmissOry note and of th~s Nbrtgage, then this Mwtgsge and the Esfate hereby crcsted shall ce~se and be ~ull snd wid. ~ iT IS UNDERSTOOD that the word "Mortgagoi' wbether in the singular a plwal snywhere in this Mortgage, shall be singuiar if one only ~nd ~ shall be plural jointly and xverally if more thsn one, ai.i th3t the wwd "their" as used snywhere in ihis Nlortgage sl~alt be take~ to mean "hif;' "hen;' ~ or "its," wFxrever the canteat so implies w admi:s. A!w, thaf• wherever there is a refnence in the covensnts a~ sgreements herein conta~ne.i to any of fhe parties here:o, the same shall be conshued to mean ss we11 as tFx he+rs, kgal representatives, svccessors and assigro (either volumary by act of the parties w involuntsry by operation of rhe law) of the same and thaf tFx covenants herein contained shaN bind and 1he benetits and advantagp inwe ~ ro the respective he"us, legal represematives, successors and sss'gns of tf.e psnies hereto. ~ And said Matgagws, for thcrosrlves and their heers, legal representatives, svttessors snd assigns, hereby jointly and severally tovenant and agree ~ ro and with the said MORTGA~EE, its successors a~d augns: ~ 1. To p~y sll snd singvlar the principsl a~d intaest and the various snd sundry swns of mo~ey psyabk by virtue of said promissory note, and this mwtgage, esch and every, promptly on 1t.e days respectively the same severally become due. ~ 2. To psy sll and ~i~gulsr the tazes, assesrnenn, levies. 17abiGt~es, obligations and encumbrances of every nature ~nd ki~d now on said davibed property, or that here+fter may be impwed, wffered, placed, Ievied, or sssessed ~hereon, or thst hereafter may be levied w asseased upon this MortQ~ age, o~ the indebtedness secured hereby, exh snd evrry, when dx and payable, +tcording ro law, befwe tF~ey becane delinq~ent, a~d betore a~ry imerest atrzches or any penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII 8E PRO~WPTIY SATISf1E0 AND DISCHARGED OF RECORD AND THE ORIGlNfAI OFFICIAL DOCUMENT (SUCH AS, FOR INSIANCE, THE TAX REtE1PT OR THE SATISFACTION PAPER OFfIC1AllY EN~ORSED ~ CR CERTIFIfD) Se1All BE PIACED iN THE HANDS OF SAIp Al10RTGAGEE WITMIN 1E~1 DAYS NE%T AFTER PAYMENT; ind in the erent that any thereof is not pa~d, saYsfied and discharged sa:d MQRTGAGEE may at any time pay the same a any pan thereof without waiving or affectiny ~ny option, lien, equity or •~qht v~der w by virtue oi this mortgage and the futl amo~nt of eath and e~¢ry such payment shall be immed~ately due and psyabk and shall bear interest 'rom the date thereof ~ntil pa~d at rate of n~~e per cent~m per annum and e:gether w~th sutfi inter_nt shall ~sttur~ y,~ne lien of th's morgtage. ~J:~t:~.~i J; f: ~ i= 3 ~ - - . - - , - _ m a:-~ ~ ~i3`.~~ a _ v. _ . ~.t ~