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Home My WebLink About1620 2531S8 tHIS 1NDENTURE, AAa~ th~ 19th ~y of ApZ~l ~ A.D. 19~ b~twe~n Kenneth R. Dra+r and B~Slya I,; Drew, his wife of St• LIiC~@ C~~M F~aida, h~~i~aftK dtsign~ted• ~s fM "MORTGAGOR;' ~~d fIRST fE~ERAI SAVINGS ANO IOAN ASSOCIATION Of FORT PtERCE, ~ corpw~tion orp~niud ud ~xistirg uoder th~ lawi of tM Unit~d Sutss of Am~ric~ and Mviny iM principal pl~c~ of ~ bustn~as tn tM City of fort PiKU, S~. luci~ County, flo.id~, he~~ioafiK desipnat~d u 1M "MORTGAGEE." WHEREAS th~ MORTCaAGOR h jwtiy indebt~d to th~ MORTGAGEE in ths sum of ~ 24~ Q~ yood u,d lawful money of the Un~ted ~ Stata~ advanced by ths MORTGAGEE un~o tM MORTGAGOR. ~s evidmced by a cNtai~ promit~ory rwts of even d»s Fro~ewith, of wl:ch tirq folbwi~ in ' wwds snd fi~urp is a trw copy. to-wih ~ = 24,000.00 ~ i~Z~~2 ~ PaKa. Fb.~. Apri2 29~-~9~_ ~ Fw valus received, 1, wa w eithe? of us, promise to pay, without def~ltation, to the order of fIRST FEOERAI SAVINGS ANO iOAN ASSOClATl01y OF FORT PIERCE at Fort Pierce, Florids, the sum of = Zd~~~~ with i~tersst (rom date at the rate of2.a1~% per an~wn, ia manlhlr inilalb ments ss follows: f 198•OQ on ~he l~Zf ~y o{ Auc~ust „ ~q 7~ a liks sum on the correspa?d~np day of each month there- after untit the whole be fully paid. Each installment fi?st :hall be spplied in payment of the interest and then on ths unpaid bslance of the principal wm. If default is made in the payment of any installment when dve, and such default confinues 30 days, then st the option of the holde?, and wethout any othe~ notice, all the remaining ~nstallments shall bo due and payable at once. Privilege is given to prepay lhis note in whole or in part at ~ny time without penalty. Neither fwebearsnce, nor accepta~ce by the holder thereof after sny defauh irt any payments hereon, shall be deemed extension. A late paymeM charge of ~9 •q0 shatl be k ! added to each installment remaining unpaid 7 days after its due date, and a like ium shatl be added to each such instaltment remaining unpaid 7 days after ! : each svtceeding psytnent dafe. ' v ~r Each maker, surery snd endorser he?eof, jointly aod aeverally, waives demand, presentment protest and notice of protest fw ~onpsyr?Knf, and further ~'v agrees to ~ny extensiw~ of time of payment, either before a afte~ maturity, without notice to any of us; and to pay all costs of collection, including a reasonable attorney's fee in the event of any defiult hereunder, and hereby severally waives all benefit of homestead and exemption under the constitution and laws of each 5tate of the United States, as agsinsf this obligation or any extension or ~enewat hereof. ~ Witness the hand and ual of each party. (seaU ~ _s/ Kenneth R. Drew ~q , (5~?U ~ r $36.00 s1 EvelYt~ L. Drew ~p ) st~te ae~ iStaQips. ucatUed an o?~pind.notv - ~ NOW, THERfFORE, the MORTGAGOR for the purpose of securing psyment of s~id sum of s- '24•~0•O0 „ a~d tM perfwmsoce of fhs covenann and ~greements hereinafter expressed, and for divers good and valu~ble consideratiw~s, by these presents, dxs giant, bery~in, sell, remise, release, convey and confi~m unto the MORTGA(3EE, iri Wtcessors and auigns, all that certsin lot, piece or parte) of lsr+d, iituate, lying, snd being in !hs Counry of St .~LiC i e and State of Flo?ida, dewibed as follaws: Lots 6 and 7, Block 132, LAKEWOpD PARK, UNI? NO. 10, as per plat thereof on file in P2at Book 21, pages 29A to D, public records of St. Lticie County, Florida, ~ ~ ~ t~jT,~ . OF ~1..0MPDA j _o, o DpCU1~AENTARY ~ ~ IN PAYMQR OF 7111~ OEP7.Of RE11EN11E . . y ~ DlE ON Q~SS'C II~(iAN6I8lF PERSONAL PROPERIY~ . ~ P.s.: , t.Nt:~l~ ~ 3 6. ~ 0 PURSl1ANT TO ~ 71-~~ S OF 1911. . o~ ~~w2 ~ qEttl( CIRqlR OOURT, ST. LUCIE 00., F'LA. rogether with all ~nd sirgular the tenemenb, hereditsmenh and sppurtsnces therewnto belo~girg w in snywise appertaininp thereto, and ~11 renb, iuws. ; proceeds and p.ofin acvuing snd to acvue from said premises, all of which ase end~ded in the abors and fwe~oing description ~nd hebendwn. TO HAVE AN ti0 yOID the above desuibed and granted premises unto ths said NWRTGAGEE, its succetson w~d ~ssipns forevar. Md th~ ~aid MORTGAC~OR fw heir ~~~s, exeMO~, administraton and asi ns, her ~Re31 a YQ ~9 ebY coven~nri with the said AhORTGAGEE, its suaessors and astipro, rhat - lawfully seized of the said premises in fee iunplr, that the same are free, clear a~d discharged f~om all lier?s u~d entw~r brances in law or i~ equify, and that theY will and tbelY hein shall wsrrsnf and defend the titk W fhe~sam~ to the s~id MORTGAGEE, its successo?s and assigns, forever against the lawfut claims snd demands ol ~II persons; PROVI~ED, AlWAYS that if the AAORTGAGOR shsll pay unro the MORTGAGEE the promissory rare he?einbefae dex?ibed uid sh~ll truly, promptly ~ and fufly perform, diacharge, execute, compkte, comply with snd abide by esch and every tF+e ttipulatiwis, agreemenb, conditioro and covenants of said promissory note ~nd of this Mongsge, then thii Mwtg~ge and the Estste hereby cre~ted sMtl ce~se and be nult and wid. IT IS UNDERSTOOD thst the word "Mwt9spor" whe~her in the sirgular a plw~l anywhere in this Mortgeye, ~hall be ~irgulu if one only ~nd shall be plural jointly ~nd sevaally if mwe than one, and that the word "their" u used snywhere i~ this Mort9aye sMll be taken to mean "his:• •'hen•• or "in;' wherever the context w implies w admits. Abo, that wherever there is ~ ~eference in the covenants ~nd sgreeme~ts herein oontained fo uq of rhe paities here% the same thall bs construed to mean as well ss the heirs, ky~l represent~tives, successws ~nd suigrn (eithe~ voluntary by act of th~ parties w involunt~ry by opcration of the law) of the same and that the coven~nn herein contained shall bi~d and the beixfib and advant~yes irwr~ ro the respective hein, {s9a1 represcntatives, successors and ass'gns of the puties hereto. And s+id AAortgsgors, fa tFrcmselves and their heirs, lagal representatives, waeisors arw! auiyns, hereby jointly ~nd sever~lly covenant and ~yree ro ~nd with the s~id MORTGAGEE, its successon and asaigns: 1. To pay all and sinpvla the princip~l and interest and the vario~s +nd sundry sums of money paYabk by virtve of said promiuory note. ~nd Nws mortyaye, esch u~d every, promptty on the days respecrively tl~e s~me severally becorrK dus. 2. To pay ~II and sirguiar the t~xes, sssessmenb. lev;es, liabilities, oblipatioro ~nd enc~mbr~nces of every Mhlf~ afld ICI~ raw on said described Wop~rtY. w that hereafter may b~ imposed, wffaed. P~+ced, kvied, or assessed thereon, o~ tl?~t hereafta m~y bt kvied a assessed ~pa~ this sge, a th~ i~debtedn~ss secured hereby. ~ach xd ~very, wh~n dve and pay~ble. ~ccordinp to I~w, befw~ th~y become delinquent, snd befw~ ~ny irtr~ attaches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII dE PROIIMTLY SATISf1ED AND DISCHARCsED OF RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (Sl/CH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATtSFACTION PMER OfFICIAtIY ENDORSED OR CERi1FIE0) SHAtt EE YLACED IN THE HANDS Of SAtD MORTGAGEE WIiHIN TEN DAYS NEXT AfiER PAYMENT; and in the evem that ~~y tF~ereof is no~ paid, ssYSfied ai+d diicharged sa:d MORTGAGEE may st any time pay the same w any p~A thcreof witFw~t w~ivinp o~ affettirg a~l option, lie~. eqvity a •iaht urxkr w by virtue of this mortgaye and the full ~mount o~ each and every wch payment slult b~ immediately due ~~d pay~blt ~nd sh~ll bear infaeat ~ ~rom the d~~t theteof until paid a~ rate of nine per centum per annum and toqe~he~ w'~th wch intere~t sF~all be sec b of th:` so KC ~~~PaCE1 ' - ~ ~ '