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HomeMy WebLinkAbout1429 F aeo~QB THIS INDENTUJtE,'AA~ ifw F~~- day of ~ril A.D. 19 ~a be~we~^ Kenneth R. Orew and fively~a L. Orew, his wife of St . WCle Cp~nty flor;da, hereinafle~ dsign,at~ ri~ the MMf~C~AGOR," and FIRST FEDERAL SAYlNGS AND IOAN ASSOCIATION OF FORT PIERCE, a co~paation orpsnized and ex~sting unda the lavw of tM U~r~d •S~tas' pj ~erica and having its principal place of busineu in tFN City of Fon Pierc~, St. Lutie County. Flaida, here~nafte~ designatnd as ~M "MORiGAGEE: WHEREAS the MORTGAGOR is jus~ly indebted ro the MORTGAGEE in ths sumof = 34~~0•~ good and law(u1 money of the Un~ted Statei advanced by tha MOR~GAGEE ~nto the MORTGAGOR, as evide~~ced by a certain p~omissory no~f of evtn date herewiih, oi wti:ch ~he iuUow~~~g in .vo~ds and f" ures is a trw copy, to-wi~: 10020801 s 34,00~.00 . No Fort Plerce, Florid~, APr i 1 17 19 7a For vatue received, I, we or e~ther of us, prom~se fo a w thouf defalcar.on, to the order of fIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE at fott Pierce, Flo~ida, the sum of j 34 ~ w~~h interest irom date at the rate of -8 per annum, i~ moMhly install- ;,,eros as fo!!ows: S 2~0 on the 2Ot h day of .JU lY 19_74 and s like sum o~ the correspond~ng day ot each month there- aiter uNi~ the whole be fully paid. Eath installment fi~st shall be app~ied in payment of the interest and then on the unpaid balance of the princ~pal sum. If default is made in the y F a~ment of any inuallmeN when due, and such default continues 30 days, then at the option of the holder, and without any other not~ce. all the remain~ng ~ ~:~srallments shalt be due and payable at once. Privilege is given to prepay this note in whole or in part at sny time without penalty. Neither forebearance, ` nor acceptance by the ho~der thereof after any deFautt in any paymenfs hereon, shali be deemed exfension. A late paymem charge of S 14 shall b~ add_d to each instalimznt remaining unpa~d 7 days after its d~e date, and a like sum shail be added to each such insialtment remaining unpaid 7 days after ~ each succeed~n9 payment date. i Each maker, surety and endorser hereof, jointly and severally, wa~ves demand, Fvesentmen~ protest and notice of protes? for nonpayrnent, and funher i agrees to eny extension of time of payment, either beiore o~ af~er maturity, wiihout notice to any ot us; and to pay aIl costs of collection, includ:ry a + reasonable attorney's fee in the event of any de(ault hereu~der, a~d hereby severally waives all benefit of homestead and exemption under the constitution ,~~d laws of each State of the United States, as against this obt~gation w any extension w renewal hereof. Wi~ness tFx hand and seal of each party. (SEAI) - s/ iGenneth R. Drew tsEn~) (SEAL) s Eve lyn L. Q!@M (SEAU ~ `551. ~0 ) $tate Revenue ~ 34.0~0. and the rformance of the NOW, THEREFORE, the MORTGAGOR fw the purpose of securirg payment of sa~d sum of S ~ ccvenantt and agreements hereina(ter expreased, and for divers good a~d valuab!e cons~derotions, by these p?esents, does gront, bargain, sell, rem~se, release, convey and confirq~ u~ntQ the MORTGAGEE, its succeswrs and assigns, all that certain tot, piece or parcel of Isr+d, situate, lying, and being in the County of $t. WCle and State of Florida, desuibed as follows_ Lots 32 and 33, Block 58, SAN WCIB PLAZA SUBDIVISION, IJNI? ONE, ~ as per plat thereof on file in Plat Book 5, page S'7, public records of St. Lucie County, Florida . oF ~~ORItJr'~ 1 ; rn ST AT' ~ R,~f,~: ..5~ r' ~ ~ nz cv OOt- . pF ttEtlE VE t~ a ~y`~ 1 ~ - ~ 2r ttf ~ ~ ~~Z~/~7~ t~`~~'~~~ ~ l. O O , "a C~ N ?H. • ~ . 3 ~ ~ ~~~C1 O ~ ~ ~ ~ ~ IN PAYHENT Of U1XES ~ DqE ON CU1SS'C' INThfiGIBLE PE!SOf:AI PROPERTY. q p~RSUAf~T TO CFIAPIER 71-134. J1CTS Oi 19)1. ~!G ROGER POITRAS ~ ~ CtERK CIRq11T t~OURT, Si. LUCIE 00~ FUl a ~ . ~ ~ ~ rogether w7th all and singular the ten~ments, hered~tamenti and appurtances thereunto belonging or in snywise appertsining thereto, and all rents, issues, ~ proceeds and profits sccruing and to acuue from said prem]us, all of which are ~ncluded in the above and fwegang deuription and habendum. TO HAVE AND TO HOID the sbove described and granted premises unto the said N?ORTGAGEE, its successon and assigns foreva. And the ssid <y. their h=;,,, executws, sdministretors and ass~gns, hercby covenants with the ssid MORTGAGEE, its ~uccessors and ~ssigns, MORTGAGOR for ~r,ar - the +~are _~,Wf„uY se~zed of the said prem~ses in fee simple; that the same are free, dear snd discharged from all licns and enn?m- theiz hein shsll wsrrsnt snd defend the title to the same to the said =y brances in law or in equity, and that th¢y w~~~ a~ ~ - MORTGAGEE, its successors and assigns: fwever against the lawful claims and demands of all persons; PROVIDED, AlWAYS that if the MORTGAGOR shatl psy unto the MORTGAGEE the promisso?y note hereinbefote described and shali truly, promptly and fully perform, d~xharge, execute, compkte, comply with and abide by each and every the ttipulations, agreements, conditions and covenants of said " promissory rate and of this N?ortgage, then this Mortgage and the Estate hereby creatcd shall ceax and be null •nd void_ ^ z.=: IT IS UNDERSTOOD that the word "Mortgagor' whether in the s~ng~~la+ w plural anywhere in this Mongage, shall be singular if one on y a ' m G^ : ihall be plural jointly snd severolly if more than one, and that the wwd "their" as used anywF?ere in this Mortgsge shall be taken to mean "his;' "he?s," p or "its;' wherever the conte:t so implies or sdmits. Also, Ihat wherever there ~s a reference in the tovensnls and ~greements herein contained to sny of ~~b ~ the parties hereto, the wme ahall be construed to mean as well as the heirs, legal representatives, tuccesson and assigns (either voluntary by stf of !he ~ parties o~ involuntary by operarion of the law) of the same and that the cavenants herei~ contained shall bind end the benefits and advantaga i~ure ~w ro the respective heirs, legal representatives, successors aod ass~gns of the parties hereto. And said Mwtgagors, for themselves a~d their heirs, legal rep~esentatives, successors and a:signs, hereby jointly and severslly cove~ant and syree v~J ~o and w~th the said MORTGAGEE, its iucccssws and assgns: y 1. To psy all snd singular the principal and interest snd the various and sundry sums of money payable by virtue of said promissory note, and thi~ f~ mortgage, esch ~nd every, promptly on the days respectively fhe same xverally become due. N. 2, To psy a11 end s~ngul+r the taaes, astesamems, levies, liabillries, oblgations and encumbrances of every nawre and kind raw on said described ~ property, or that hereafter may be imposed, sufiered, p~+ced, levied, or auessed thereon, or lhat here~fter msy be levied or asseued ~po~ ihis Mort¢ t~ w age, or the iodebtedness secured hereby, exh snd every, wF~en due and payable, xcording ro law, befwe they become delinqumt, ~nd before any interest yv~ ` atraches « any penaltY is incurred; ANO INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHAII BE PROMPiIY SATISFIED AND DISCHARGED OF RECORD AND TME ORIGINAL OFFICIAt DOCUMENT (SUCH A5, FOR INSiAkCE, THE TAX RECEIPT OR THE SATISFACTIUN PAPER OFFICIAIIY ENDORSED OR CERTIf1E0) SHALL BE PLACED IN THE HANDS OF SAID MORTGAGEE WIiHIN 1EN DAYS NEXT AfTER PAYMENT; and in the event that any thereof is ~ot - pa~d, sat s~ied and discharged sa:d MORTGAGEE may at any t~me pay the same w any part the+eof without waiving or affecting any option, lien, eqiri?y or •~~ht unde+ a by virtue of this mortgage and the futl amo~nt of each and every such payment •hall be immed~ately due and payable and shal! bear interest E~ ; i.om the date thereof untii paid at rate of n~ne per centvm per annum and together w~th svch interost shall be secured by the tien of th:s morgta9t. ~ _ - - _