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Home My WebLink About1431 . ~ . r, , A.D. 19 74 between THIS INDENTURE, Made ~he 17th day of APri2b~~0~ Kenneth R. Drew and Bvel n L. DreM his wife of County flo~ida, hereinaft~r des~nated~ as the, "~l10RTGAGOR:' and FIRST fEDERAI S~?vlNGS AND LOAN St . Lucie ~ ASSOCIATION OF FORT PIERCE, • corporation oryanized and ca~sting under the Isws of the United Su~~s of America and Mving its prinupel place of busineu in ths City of Fort Pierce, St. lucie Counly. Florida, iureinafter desiy~ated as 1M "MORTGAGEE." . 34 f~~.~ a~d lawful money of the U~:ted WHEREAS the MORTGAGOR is justly i~debted to tht MORTGAGEE in the sum of = • 4~~ Srates advanced by the MORTGAGEE unto the MORTGAGOR, as ev~danc~d by a ceria~n promissory no?e of even date he~ew~~h, of wh.ch the (ollowiny in words and fi ures is a true copy, to-wit: ~ 1002~8Q2 z 34,00~.00 Fort Pieres. Flwida. ApI i 1 17 s 19 74 For value received, 1, we or eittxr of us, Qromise to pay, without defalcat~on, to the order of FIRST FEDERAI SAVINGS AND LOAN ASSOCIATION Of FORT PIERCE at Fort Pierce, Florida, the sum of j 34i~~~•O0 w~th interest from date at the rate of 8•75DO per annum, in month:y insta~l- ~.,enrs as follows: S 28O on the 20th daY ef Ju ly ~q_74 and a like sum on the correspond~n~ day of each mon~h there- after until the whole be fully paid. Each installment first shall be appl~ed in•payment of the interest and then on the unpaid balance of the princiFal sum. If default is made in the Fayment oi any ins~allment when due, and such deFault coroinues 30 days, then a1 the option of the holder, and without any other notice, all the remaining ~nsrallments shall be due and payable at once. Privilege is given to prepay ihis note in whole or in part at any t~me without pena~ty. Nei~ ~ f~bearance, r.or acceptance by the holder thereof after any defau~t in any payments herron, shall be deemed ea~ens~on. A late payment charge oE S - s~a~~ ~ 3dded to each inslallment remaio~~g unpa~d 7 days afte? its dve date, and a like sum shall be added to each such inatallment remaining unpaid 7 days after each wcceeding payment date. Each maker, surety and endorser hereof, jointly and seve~alty, waives demand, presentmenl protest and notice of protest for nonpayment, and furthe~ agrees to any extension of time of payment, e~rner before w after maturity, without notice to any of us; and to pay afl costs of collection, inc~ud~n9 a ~easonable attorney's fee in the e~ent of any defau~t hereundrr, and hereby severally waives all benrfit of homestead and exemption under the constitutio~ and laws of each State of the United States, as against this obl~gation or any eztension or renewal hereof. Witness the hand and seal of each party_ (SEAU s/ Kenneth R Drew (SEAL) (SEAL) s/ Evelyn L Drew ~s~?u ~ $51.00 1 State Revenve ~ ~ 34 ~~~.OO and the pe?formance of the NOW, THEREFORE, the MORTGAC~OR fw the purpo:e of securing paYment of said sum of S s- covenants and agreements hereinafter expressed, and for divers good and valuab'.e co~aiderations, by these p~esents, dces grant, bargain, sell, rem~se, release, convey and confirm unso the MORTGAGEE, its succeuors and assigns, all thai certain lot, piece w parcel of land, situate, lying, and being in 1he Counry of $t• WC16 and State of f{w~da, dewibed ss follows: Lots 30 and 31, Block 58, SAN WCIE PLAZA SUBDIVISION, UNIT ONE, as per plat thereof on f i le in Pl at Book 5, page 57 of the Pub 1 ic ~ Records of St. Lucie County, Rlozida ~ - _ . ~ Q~ ~~5~ ~ ~ ' a' ~„j~ p`M~Nt ARY ' r ~ ~ ; a a' Q~C ~ REVENU~='i S,. O O t . i ~,7 ~ pEp~_ f . ' ~ ~ A~2ffT~~..,~;.~ ~ _ - ~ ~ ~ N - P 02 - x ~ ; o , s ~ 2 ~ tt~cfivEn i~.! C~ ia P~?rM~ oF T~s ~ ~ DUE ON CLASS 'C' INTANGIBLE PE:'•SO?iAL PHOPERiY~ ~ pURSty1NT TO CFiAP!ER 71-134. ACTS OF 1971. l „ ROGER POITRAS ~ ~ CiER!( CIRCUIT COURT, Si. UICIE 00, FIJI.~ ~ - ~ ~ i ~ ~ together w~th all and singular the tenements, FKreditaments and appurta~ces thereunto belonging a in anywise sppeAaining tFKreto, and al rents, ~ssues, proceeds and p~of~ts accruing and to accrue from said premises, all of which are included in the above and foregoing dexription and habendum. bf TO HAVE AND TO NOID the above described and granted prem~ses unto the ssid MORTGAGEE, in successors and sssigns fwever. And 1he asid h'~ MORTGAGOR for t he lI heirs, executo.s, administrators and assigns, hereby tovenants with the said MORTGAGEE, its successon aod sssigns• ~ the~are_ ~aWf„n selzed of the sa~d premises in fee simple; that the samt are free, deu and diuharged from all liens snd encwe- that Y t he i r }xirs shall warraot and defend the title to the ssme to the ssid brances in law or in equity, and that they W~~~ a~ - MORTGAGEE, its successors and assigns, fwever against the lawful claims and demands of alt persons; PROVIDED, AlWAYS that if tFx MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe desvibed and shsll truly, promptly = and fuily perform, diuharge, execute, complete, complY with and abide by each and every the stipulations, agreements, conditions and covenanb of said ,~c prom~ssory note and of this Mort9age, then this Nbrtgage and the Estate hereby created shsll cease and be null and void. o~ IT IS UNDERSTOOD that the word "Mortgagw" wFiether in the singular w plural anywhere in this Mortgage, shall be singul~r if one o~ly and ~ ~ shall be plural jointly and xverally if more ihan one, and that the word "the~r" as used snywhere in tha Mw~gage shall be taken to mean "his;' "hers;' or "~ts;' wherever the context w implies w admits. Alw, that wherever there is a reference in the covenants snd agreeme~ts herein contained to any of ~ 'i'~ the parties hereto, the ssme shall be construed to mean as well as the heirs, legal representatives, successors and assgns (either volunury by +ct of the parties or involumary by operaYwn of the law) of the same and that the covenants hereio tontained shall bind and tFx benefits snd advantages inu~e to the respetlive he'us, legal represe~tatives, successors and ass'gns of the parties hereto. ~ ;z", And said Mortgsgors, fw themselves and their heirs, tegal represeroatives, successors and auigns, hereby joimly and severally covensM and ~qree ~r to and with the iaid MORTGAGEE, its successors and assigro: l-- t":= 1. To pay all and singula~ thc principal and interest and the wrious and sundry sums of money payable by virtue of said promissory note, snd this ~ mwtgsge, each and every, p~ompt~Y on the days respectively the same uverally become dve. 2. To pay all and singula~ the taxes, +sxssments, levies, liabilities, obligations and encvmbrances of every nature and kind raw o+~ said desvibed properfy, or that hereafter msy be impo~ed, suffered, pl~ced, levied, or asussed thereon, o~ thst hereaftsr may be levied a usessed upon this Mort¢ ~z„~ age, w the indebtedness secured hereby, each snd every, when due a~d paYable, xcording to law, before they become delinq~ent, and before ~ny iMerest attaches w any penatty is incurrcd; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIEO AND DISCNARGED OF - RECORD AN~ THE ORIGIf3Al OffICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffICIAIIY ENDORSED OR CERTIf1ED) SHAII BE PIACED IN THE HANDS OF SAID MORTGAGEE WITMIN TEN DAYS NEXJ AFTER PAYMENT; and in the event that any thereof is not pa~d, sat'sfied and discharqed sa:d M10RTGAGEE may at any ume pay the same o~ any part thereof without waiving or affecting any option, lien, equity or •iQht under or by virtue of this mortgage and the full amount of each and every such payment shall be immed~atety due and payable and shall bear interest ;'1~.= ~.om the date thereof until paid at rate of nine per centum per annum and together w~th fuch interest shall be secured by the lien of th:s morgts9e. ~~,F ~ - _ _ . _ : _ _ _ w_ -