The URL can be used to link to this page

Home My WebLink About1618 25315'! THIS INOENTURE, N4d~ tl~n 19th day of AP=ii - A.D. 19 73 b~tv~~e~n ~ ~ ~ i Kes~~eth R. Drew and Bvelvn L. Drew; his wif - _ ~ of St• LpCi@ . Cou~fy Fbrida. FMr~~MftN d~s~nared as tM "MORTGAGOR,° ~nd ffKST~'fE~ERAL SAVINGS AND IOAN ASSOCIA?ION OF FORT PIEKE, a cwpaation orp~niud +nd ~xistinp ur~ tM laws of th~ United St~t~s of Amtriu and Mvlnp its principal plan of ; buiirnss te th~ Ciy of Fort PiKU. St. luci~ County. Florida. hHeinaftK d~sqn~~~d as ths "MORTGAGEE." , ` F a4s~~•0O ~nd IaYrful moneY of the United WHEREAS th~ MORTGAGOR is jwtly indsbttd to th~ MORTGAGEE in 1M wm of i States advanced by the MORTGAGEE v~to ths MOATGAGOR, as evidenced by a ceruin promiuwy note of even date Ixrswith, of which the followinp in wwds ~nd fi9~res is a trw copy, ~owit: : 24.000.00 Fwt Pierce. Flwida. /~D Yi l 19 . 14~ for value received, 1, we or either of us, p~omise fo pay, without defalcation, to the order of FIRST FEDERAL SAVINGrS AN~ LOAN ASSOGIATION OF ~ FORT PIERCE at Fwf Pierce, Flwida, the sum of 24 ~ w~th interest from d+te at the rate of 7~ 776 pK ,~+n. ~~^thly instalb 198 00 lOt August 73 y ~ ments as follows: ~ • on the day of 19 and a like sum on the cones ~ da of each mo~th thae- ~t after until the whole be fulty paid. ~ Each installment first shall be applied in payment of the interest and then w? the unpaid bal~nce of the p~incipal sum. If default is made in the payment of any installment when due, and such defau~t continues 30 days, then at the option of the holder, and without any other notice, all the remaining ~nstallments shall be due and payable a? axe. Privilege is given to prep+y this note i~ whole w in pa?t st any time without per?slty. Neither forebearante. + nor acceptsnce by the holder thereof after any defau~t in any payme~ts hereon, sMll be deemed extensioe?. A late payment cha~ge of = 9`9O shall be Z~ added to each insallment remaining unpaid 7 days aftH ib due date, srx! a like sum shall be added to each such installment remaining unpaid 7 days after ` each succeeding psymeM date. Each maker, surety and endaser hereof, joimly and severally, waives demand, preser.tment protest and no?ice of protest fw ra~payment, and further agrees to any extension of time of payrtKnt, either before w after maturity, without notice to any of us; and to pay all costs of rnllection, including s reasonabk attwney i fee in the event of any default hereunder, and hlreby severally waivea all benelit of homestead and exemption under the constitut'an ~ v and Isws of ~ach S~ate of the United States, as against this obligation or any extension o? renewal hereof. ~ Witness the hand and seal of esch party. . ~ ~ ` (SE/W \ s Kenneth R. Drew ~ (s~?u s e yn L:. Drew ~ ~ ~ $36.00 t State Revenue tsw~,~} wwu~d m«+ew+~lws.) . 24 ~ Ot~0.00 ~ NOW, THEREFORE, the MORTGAGOR fw ihe purpou of securirg p+yment of said sum of S and the performsnce of fhe covenants and agreem~nts hereinafter expresscd, and fw divers good ard wlwble considerations, by these presenn, does y~ant, bar9ain, sell. remise, release, convey and confirm unto t!x MORTGAGEE, its sutceuors and assigns, all that certain lot, p'iece or putel of land, situate, lyinp, and being in ths County of St. Lueie ~nd State of Fbrida, dewibed as follaws: Lot 21, Block 150, LAKEWOOD PARK, UNIT NO. 11, as per plat thereof on file in Plat Book 11, pages 32 A to D, public records of St. Lucxe County, Florida, s ; ~ . ~ ~ : ~ ~ i f oF FL.ORIDA~ ~ ~ ~ ~TA TAMP tAa ~ ~ oe ~ 0 CUMEN ARY , - IN PA1fYENT OF T~ ° DEPT. Of RE~~ D!E ON dASS'C' tlRAN816LE PER90NAL PROPERiY. ~ =~r'a34'73 ~ 3 6• ~ 0, PUASUANT TO t~111PTER 71-134. ACTS OF 19/l, rnl/ ~ = E~. ti06ER POITWIS ~ ~ 1110: ~w' ~ i C i. E R K C I R q 1 1 T O W R T. S T. W C I E C O., F[/ l ~ togetF?er with all ~nd singular the tenemenb, hereditameMs and sppurtsnces thereunto belonging or in anywise appertsininp therero, end all renri, issws, proceeds and profin acuuing and to acvue from said premises, sll of wtiHfi +re irxlvded in the above and fwegoing dexripYan ~nd habendwn- TO HAVE AND TO HOLD the above dewibed and grsnted premises unto the said MORTGAGEE, its waessors a~d auigns forever. Md th~ s~id MORTGAGOR fw thei r ~irs, exccutors, sdministraton and auigns, hereby covenanri with the said MORTGAGEE, its s~tt~ssws a~d astipm. ~ they a re rhat lawfully scized of the said premises in fee simple; th~t the ssme sre free, dear ~nd discFuryed f~om sll liens ud encwo- } brances in Iaw a in equity, and thst th~ will snd their hein sha~l warr~nt snd defend the titk to the s+me to ths s+id ~ MORTGAGEE, its successors snd assigro, forever against the lawfvl ctiuns and demands of ~II penons; ; PROVI~ED, ALWAYS that if the MORTGAGOR shall psy unto the MORTGAGEE the promiuory note hereinbefwe described u~d shsl) truly, promptly ~ and fully perform, discharge, execute, complete, comply with and~ abide by cach arsd every the stipulations, agreemenri, conditiaa and covenanb of said ~ promiswry rate snd of this Mortgage, then this Mortgsge and the Estate hereby aeafed shsll cease and be null and void- A IT IS UNDERSTOOD that the word "Mortgsgor" whether i~ the singular w plural anywhere in ti?is Mortgsge, shall be singular if one only ~nd shall be plural jointly a~d severalty if more tMsn one, and that the word "their" as used snywhere in this MortgsQe shall be taken to mesn "his:' "hers:' or "its;' wherever the context w implies or admits. Also, that wherever there is • teference in the cove~snri snd agreements herein contained to ~ny of the parties hereto, the same shall be construed to mean as well ss the hein, legal representatives, successws snd auigns (either volunbry by ~ct of tl+~ : parties a involuMary by operation of the law) of the s~me and that ~he covcnann here~n conrs~ned shall b~nd ar+d ~he benefin and .dvanr~ges irwr• ~ to the respective hein, legal representatives, svcceuws snd ass°gns of the psrties hereto. F And said Mortgsgors, fa themselves and their Fxin, legst repreuntstives, wcceuors and auigro, hereby jointly snd severally covenant and ayree ~ ro and with the ssid MORTGAGEE, its successors and aug~s: ' 1. To p+y all snd iirgul~r tFx principsl and interest an~i the vsriovs snd sundry sums of mo~ey payable by virtue of said promistory note, ~nd this ~ mortgage, each and every, promptiy on the d~ys respectively the s~me severally becane due. g 2. To pay ~II and singul~r the tsxes, assessmenb, levies, liabilities, obligsfions s~d encumbances of every n~ture and kind now on s+id desv~ed = property, w thst hereafier may be imposed, suffered, plxed, levied, a+sseued thereon, ot that F~ereafta may be levied w usessed upon ti~is Al1oA~- . age, a the indeWedneu secvred hereby, each and every, when dve and p+yabk, xcwdinp to Isw, befwe they becan~ delinquent, and before a~y k?t~rat attaches w any penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKOR~ THE SAME SHAII BE PROMPTLY SATISfIED AND DISCNARGED OF RECORD AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR 1HE SATISFACTION PAPER OFi1CIAlLY ENOORSED OR CERTIFIEO) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfTER PAYMENT; snd in tht event tMt ~ny thereof is not osid, s~YSfied and discharged sa:d MORTGAGEE may at any time pay tFx same a any part thereof witlw~t waiviny or affectinp ~~ryr optio~, litn, equity or •iQht under o~ by virtue of this mortgage and the full ~mo~nt of each snd every such payment shall be immediately due ~~d p~yable snd ihall bear interest kom the date thereof until p~id st rate of nine per centum per annum ~nd to9ether w~th such interest b~~~j~Q~f~t~+:s morytpt. ~A4Z V - , _ r . " ' v ~ ~