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Home My WebLink About2949 - - ~ /9~'~' ~ ~ ~~s62~ ~ THIS INDENTURE, Mads the 1~ t}' day of ~PT i 1 A p ~q_ 73 ~~w~~ Kenneth R~ [~rew anc9 Evelyn 1., nrew_~ his wif~ ' of St. 1_~icxe ~W~~y Florida, herainafta desgnatzd ~s ~he "MORTGAGOR;' snd FIRST fEDERAI SAVINGS AND LOAN ASSpC1AT10N OF FORT PIERCE. • corpwation wyanized +nd ex~sting under the laws of the United S~at~s of America and havtnp ib principal pl~cs of bviirwu tn tM City of Fort P;ercr, St. lucFe County, Florida, F?e?einafter de~~gna~ed ss the "MORTGAGEE:' . WHfREAS ths MORTGAGOR is justly indebted to the MORTGAGEE in the sum of : 24 ~~0 , good and lawful money of the Un~ted Sfates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certain promisaory nofe of even da~e herewith, of which the following in wwd~ and figurei is a true copy, to-wif: s 24,000.00 ~ 10019730 Fon Pieres. florida. ~Pr i I 14, ~y 73 Fa value received, I, we a either of us, promise to pay, without defatca~ion, to ~he orde~ of FIRST FEUERAL SAVINGS AND IOAN ASSOCIATtON OF FORT PIERCE at Fwt Pierce, florida, the sum of j-2~ L~Q~ _ v`•ith interest from date at 1he rate of 7~ 7SOie per annum, in mo~thly insta~l- ments as foltows: 5-.14$ •O0 on the I~t 1i day of ~u ~1t5 t ~q_73 and a like sum on the cwresponding day of each month there- ~ a(rer until Ihe whofe be fulty paid. Each instal7ment fir~t shall be applied in payment of Ihe interest and then o~ the unpaid balance of the p~int~pal sum. If default is made i~ the ~~ayment of any installment when due, and such defau~t cont;nues 30 days, then at the option of the ho~der, arxl without any other not~ce, aU the re~naini~g ~~~srallments shall be due and payabte at once. Privilege is g~ven to p~epay this note in whole or in part at any time without penalry. Nei?i~er forebearance, nor atceptartce by the hotde~ thereof after any default in any payments hereon, shall be deemed extension. A late payment charge of : 9•9O , shall be added ro ezch installment remai~irg unpa~d 7 days after its due date, and a Gl~e sum shall be added ?o each such installment rema~ning unpaid 7 days after each succeeding payment date. Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of prote~t fo~ nonpaymeM, and further agrees to any extension of time oS payment, either before or after maturity, without notice to any of us; and to pay all costs of collection, inc(ud:ng a reasonable attorney's (ee in the event of any defaull hereunde?, and hereby severatly waives aN benelit of homestead and extmption under the constitut'an ?rzd laws of each S~ate of the Un;ted States, as against this obligatioo a any exeen:ion or renewal he~eof/ Wifnes~ the ha~d and seal of each party. (SFAt) S _Kenneth 1'. r tseA~) ~ - ` ' ~ (SEAI) S Ev e 1 L. D ew ( ~ ) 5rate Revenue ji~awp.ernt~ll~d.~n-wisiwsF wMe~ NOiN, THEREFORE, the MORTGAGOR for the purpose of securing payme~t of said sum of S 24 s~~ , a+~d the perfwmance of the cavenants and agreeme~?a trereinafte~ e~pressed, and for divers gow! and vsluabie considerations, by these presents, does grant, bargain, sell, remise, release, convey and confirm untp the MORTGAGEE, its svccessors and assigns, ell that cena~n lot, piece or parcel of land, situate, tying, and being in the County of St. Lucie a~d Stste of F{orida, desuibe~ ~i folfows: Lot 26, T.'lock 131, LAKE!~'(X1D PAi'K, Tr'IT 10, a's pex plat rt,ereof on file in Plat F.ook 11, pages 29A to D, public recards of St. I_vcie Co~nty, ~'lorida, This is a correr.tive r~ortga~e given to correct the legal description in t1~at certair. ~~ortga~e between tht~se parties recorded in O. Baok 2I3, pane 1b14, public records of St.JLucie County, "lorida, wherein the lot nur^ber N~as erroneously staterl as Lot 27, instead of [.ot 26 as was in- tended. The Class C State Intangible Personal Praperty Tax t~as already beer. paid. See Receipt ~To. 132452 dated April 30, 1q73. eocfnEn .`~'i t~ ~~t~~t o~ t~3 ouE o+~ aass ~ iKr~~et~ rE~so~ ~RO~tir, i /1;N51fA.Y1 TO (~PTEIt 71-13~. lYCIS ~F 19)L~d i ROGER pTTMS 11 i GFNK CIRCIitT OOURT. ST. LUCIE 00,~ FU. 0 f i i ! f ; together with al! and :in ula~ the tenements, hereditaments and appurtances the~eunto belonging or in anywise appertaining thereto, and all rents, iuves, ~ proceeds and p?of~ts acuu~ng and to accrue from said premises, all of which are ~ncludcd in the above and faegang desuiption and habend~m. ' TO HAVE AND TO J101D the ~bove described and granted premises unto the sa~d AM1OP.TGAGEE, in successors and auigns forever. Md tM said i rhe~r ; MORTGAGOR fw heirs, executors, administrators and assigns, hereby covenan» with the said MORTGAGEE, ita tucceuors snd aui9nt, th~ are i rhat - lawfully seized of the said premises in fee simple; that the sams are free, clear and discha~ged from sil liens and encun? i' brances in Iaw or in equity, and fha~ t~'le a~ theiz ~~~s sF?all w~rrant and defend the title to the same to 1Me said MORTGAGEE, its successors and assigns, fuever against the lawful claims and demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shsll pay unto the MORTGAGEE the promissory note hereinbefore dexribed snd thall truty, promptly and fully perform, d~xharge, execute, complete, comply with and ab;de by each and every the stipul~tions, agreements, cwiditions and covenants of said prom~ssory note and of this Mortgage, tfien this Mortgage and the Estate hereby created ihall cease and be null and vo3d. ~ IT IS UNDERSTOOD thst the word "Mortgaga" whether in the s~ngular w plural anywhere in this Mwtgpge, shall be singulsr if one only and ! shall be plural jointly and severally if more lhan o~e, a~d that the word "their" as used anywhrre in tF~is Mortgage shall be tske~ to mean "his," "hen;' ~ or "its;' w}krever the conteat so implies w admits. Also, that wl~erever there is a reference in the covenants snd agrcemenri herei~ contained to any of ~ rhe parties hereto, the ssme shall be construed to mean as well as the heirs, legal represent~tives, succeuwt snd assgrts (eitFeer voluntary by act of the parties or involuntary by operaYan of the law) of the same and that the covena~ts herein contained shall bind and the benefits and adventages inure ro tlx retpective heira, legal representatives, successors and ass'gns of the parties hereto. ' And said Mortgagors, fa themse~ves and their heirs, legal reprexntatives, succe:sors and assigns, hereby jointly and severally covenanf and agree ~ ~o and with the said MORTGAGEE, its successors and assigns: ; 1. To pay ell end singula~ the princ;pal snd inrerest a~d the various and sundry sums of money payable by virtue of said promis soty note, and this mortgsge, each and every, promptly on the dayt respectively the same severoUy become dve. 2. To pay all snd singvlar the taxes, assessments, levies, Iiabilitie~, obligatio~s and enc~mbrances of every nafure and kind now o~ said described property, or that heresher may be impote+d, suffered, plxed, levied, or auessed thereon, or thst hereafta may be levied or sssessed upo~ this Mortg- ~ age, or the indebtedness secured hereby, exh and every, when due and payable, according to Iaw, before they becane delinqueM, ~nd before any interest arraches w any penal?y it incurred; AND INSOFAR AS AhfY THEREOF IS Of RKORD THE SAM~ SF1All BE PROJMPTIY SAi1SF1ED AND UISCHARGED OF ; RECORD AND THE ORIG1hAl OffICIAI DOCUMENT (SUCH AS, fOR INSTAf3CE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFICIAILY ENDORSED OR CERiIf1ED) SHAII BE PIACED IN THE HANOS OF SAID MORTGAGEE WITHIN TEN DAYS NEX1 AFTER PAYMENT; and in the event that any thereof is not paid, sa1"sfied and discharqed sa'd MORTGAGEE may at any t~me pay the aame or any part thereof without waivi~g or affecting ~ny option, lien, equity w •iaht under or by virtue of this mortgage and the iull amount of each and every such payment shall be immediately due and payable and shall bear intcreat ~•om the date thereof until pi~d ar rate of n:ne per cent~m per annum and iogether w~th such inr219 1! be se~v~d~y~the licn of th:s mwgtage. . 80pK PArE ~ v