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THiS INOENTURE. 11Aads th~ i~t day cf ~y , , , , A.D. 1923--. b~tweM
?ha~as A. Drawdy a?nd 1, nda R. Dsawdy, h s wite ~
of $t • j+~ ~ Counfy Florida, Mninafta d~sipn+ted ~s tM "MORTGAGOIt," +~+d FIRST FEDfRAI SAVINGS AN~ IOAN
ASSOCIATION OF FORT PIEIKQ ~ owporation orp~nis~d uid ~xiitinp w~dK tM laws of tM tMiMd States of Arn~ric~ and havirg iri principal plac~ of
busir~u M ih~ Ciry of FoH Pi~tu. St. Lvcie Counry, Fbrida, I+~reinsft~r desiynat~d u tFw "MORTGAGEE.°
WHEREAS th~ IKORTGAGOR is jvitly ind~bt~d w tM MORTGAGEE in ths wm of = 7--~ ,~ood and lawful money of 16~ Un7ted
Ststes advanced by the MORTGAGEE unto the MORTGAGOR, as evidenccd by a certain promiuory note of even date herswith, af which the fo~owinp in
~or~~
r~'t
~ a hw copY, fo-wif: ~19~ $
•
. Fort PiKa. Pbrida. M=Y j' ` 19 "3 .
For valus received, I, we w eifher of us, promise to pay, without def~IcaYron, to the wde~ of FIRST FEDERAL SAVINGS AND=LO/ut./1S50C1AT10N QF
FORT PIERCE at Fort Pieres, Fbrida, the sum of = 7~ ~N with interest from date at ths nte of 7~ 7~ psr annum,, in montMy' instatl-
mems as follows: ; 71• ~ on the l~t h d~y of `J~@ 1973 ~nd a like :um a+ ths carespond,nq d~y of each mopth tker~-
afrer uroil the whots b~ fully p~id. ~ ' i i
Each installmeM first shall be +~pplied in paymcnt of ths interest and then an the unpaid bal~nce of the p?inc~pal s~m. If dofauit is madp 1n the
payme~t of any inst~llment when due, and such defavlt continues 30 dsya,, then at the option of the hoider, and without any othe? notice, sU tAs remainir~
instsitmenfs shal! be due and psyable at oats. Privileye is given fo prepay this oote in whole w in parl at any time without penalty. Neither forebearanc~,
no~ xceptanc~ by the holder thereof aher any defauM in any payme~ri hereon, shall be decmed e:tension. A late payme~t charge of sMll be
added to each instaliment remiining u~paid 7 days afte? iri due dats, ~~d a like sum shall be added to each such instailment remaining uapa'ed 7 days after
each svcceeding payment date.
Each maker, surety and endaur Ixreof, joindy and severally, waives demand, prexntrrKnt protest and notice of protest for ~anpayment, and further
agrees to am extension of t~me of payment, either before or aher maturity, without notice to any of us; and to pay all costs of collection, including a
reasonabk attwney i fee i~ ths event of sny def:utt hereunder, and hereby severally waives all be~efit of homestead snd exemplion under ths constitution
and laws of each State of the United States, u against this obl'gation or u~y extension or renewal he?eof.
Witness the hand a~d aeal of esch party.
s/ Thona?s A. Drawdy ~
- tsEnt)
_ ~?t)
r S 11.25 Li~a R. Drawdv ~~j
) Stah Revenue
't9ran~pr e~neelkd efr Orfylnsl'?ioiey- •
NOW, THEREFORE, the MORTGAGOR for the purpose of securing paymeot of aaid sum of i 7+ 5~' ~ , snd tM performance of ths
coven~nts snd a~reemenri hereinafter e:preued, and fw divers good ~nd valwble consideratwns, by tMse presents, does grant, barysin, sell, remise,
release, co~vey and confirm uMO the MORTCaAGEE, iri successors and ~ui9ns, all that certain tot, piece or parcel of land, :ituate, lying, ar+d beirg in the
County of St . j'L1C iQ ux! State of Florids, desoribed at follow~:
Lots 7 and 8, Block "A", KILLfiRS SiBDIVISIONs according to the Plat
thereof on lile in Plat Book 4, Page 50, of the Public Records of
St. Lucie County, Florids,
~t
(~~QOt~~ t
F ~LS~P~ ~
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ZM % ~ RECEIVED =~S- IM PAYMEIIIT OF ~
~a ~M~~.1~~ ' WE ON CUISS'C' INTANGIBLE PE:t_~:t.U, pR(?pERry~
~Q pf ~e~7
G ~ PURSIMNi TO CHAPTER 71•134, ACTS UF 19/L
9 ~ 9rP~ R06ER r01TRAS ,l~~;j~
°`Z. . ~ tfpt CLERK CIRqIR COURT~ St. WCIE 00, flA l/
trG
, 0
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~ together wir.~ all and singular the teneme~ts, hereditsmenta snd appunsnces thereunto belonginp or in u~ywise ~ppertaining thereto, and all rcnn, issuea,
t p~oceed~ snd profin acwirg and to acuve from said premises, att of which are inctuded in the ~bove and faaQoirig description and habendum.
~ TO HAVE AND TO HOID the sbove described and g?snted prem7ses vnto the said MORTC'iAGEE, iri waesson u~d asigns forevar. Md th~ said
4 MORTGAGOR fa t~ir - heirs, executoa, administrators and assigns, Fxreby covenanb with the said MORTGAGEE; iri suctessort +~nd ~ssiqro,
E ihat t~~-S~-- ?awfa!!y seized of the said premises in fee simple; that the ssme ~re fr~e, ckar ~nd dixMrged from ~II liens and ~ncw~r
= brancp ir+ law a in equity, and that t~Y' will ~nd t~1r hein shall warrant ar+d defend the title to the sams to the said
~ MORTGAGEE, its successo~s snd suigro, fwever against the lawful cla'xns ~nd demsnd~ of all perwns;
PROVIDED, ALWAYS tMt if the MORTGAGOR sh~ll pay unto the MORTGAGEE the promissory rate he~einbefore desaibed and sh+ll truly, promptly
E and fully perform, disch~rge, execute, complete, comply with and sbide by each and every the stipulations, ag~eemenri, condiY~oos and covenanfs of said
promissory note a~d of this Mongsge, then this Mwtgsge and the Estate haeby ueated shall oeass ~nd be null ~nd void. j
IT IS UNDERSTOOp that the word "Mwtgsgor" whether in the sirgulsr o~ pl~ral ~nywhere In this Ai~ortg+ge, shaN be singul~r if on~ only and €
~ shall be plvr+t jointly and teverally if mwe than ons, and tl»t tF~e word "their" as tKed snywMrs.in this Mwtysge shall 6e taken to me~n "ha;' "hen;' ;
` or "in;' wherever the context w implies w admits. Also, thst wherever the?e is s reference in the coven~nn ~nd sgraements 1?erein oontsined fo any of ~
! fhe parties hereto, the san+e ahall be cautrved to mesn as well as the hein, legs! rspresentatives, successors and assigm (either volunt~ry by act of tM 4
parties or G~volunt~ry by operstion of the law) of tl+e ssme snd that the covenann herein contained shall bind a~d the benefits and advant~s irwr~
F to the respectiw heirs, kyal represent~tives, successon snd ass~ru of the parties hereto.
~ Md said Nlortgsgors, for themselves and tl+eir hein, legsl representstives, succeswrs ~nd assipns. hereby jointly ind severally coven~nt snd ~yree
' ro and with the said MORiGAGEE, its sucsesson and auigns:
~ 1. To pay ~11 and airgulu tla principsl snd interat and the wrio~s a~d sundry aums of money psyable by virtue of said promiswry note, a~d tF~is ;
~ mort~spe. ~ach ard every, promptly on tM days respectively /M ssme severalty ixcome due. :
E 2. To pay all ~rd sir+gular the bxes, auessmenn, I~vies, lisbilities, obliystions and encumbr~nus of every natwe ~nd kind raw on said described ~
; P~oP~b. a that he.eaker may be imPosed, suffered. P~aad, levied, a as+essed thereon, a thst t~e?e~Ne? may be tevied a assessed vpon this Mort~- ~
~ +9e, or ths in~kbtedneu secured hereby, exh and every, wheo dire ~nd paysble, ~aordinp to t~w, t»fon they become d~linquent, aod bftore intereat ~
~ attaches w airy penalty is i~curred; AND IIVSpFAR AS /lNY THEREOF IS OF RKORD TME SAME SHAIL dE PROMPTLY SATISf1E0 AND OISCHARGED OF
€ RECORD AND THE ORIGINAL OFfIC1Al DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFIC1AllY ENDORSED j
~ OR CERi1F1ED) SNAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NfXT AfTER PAYMfNT; and i~ the evem that any tF~areof is not
paid, saKsfied +??d dixF~arqed sa:d MORTGAGEE may at sny time pay the s~me a a~y paA thereof witho~t waivirg or affedinp any option, lien, eqv'~ty w
~ •~oht under w by virtve of this mortgage and the full smo~nt of esch ~~d every such payment shall be imrnediat~ly dve and payabk ~nd shatl be~r interat
~ ~~om 1he date thereof ~ntil paid at rate of nine per centum pe? annuin and topetF~er with such interest u y the lien of th:t morytpe.
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9~OX PAG~
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