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Home My WebLink About2044 . . ~ • • t ~ i;O~Q1s . . _ THIS INOENTURE, Mad~ ~r~ 13th day or February , A.D. ~v75 benM.«~ _ Carl F. Dreher nnd Selma Dr~~,~r~,hi~ ~rife ~ of SL. LUC1@ ~punty Florid~, hereinatte? desiynaled as ths "MORTGAGOR;' ~nd FIRST FEDERAI SAVINGS ANp IOAN - ASSOCIA110N Of fORT PIERCE, • twpauion organized and •xistrc~q ~nda tM laws of the Un~qd Stst~s of Amerita and Mvinp in printipal plap d~ bvsineu in ths City of Fwt Pierce, St. Lucie Co~nty, florida, lwreinsi~er de~iy~atcd ei rhe "MORTGAGEE." WHEREAS ths MORTGAGOR is ju~tly indebted to 1hs MORTGAGEE in the eum of S_9l20O•~ , good and lawfu! money of tl+e U~~ted S!ates advanced by the MORTGAGEE u~to the MORTGAGOR. as evldenced by e c~rtain p~omiuay note of even date herewith, of whith ti?~ followiry in .,o:ds and 4i9u~es ~s a Irue copy, towit: 59,200.00 ~ 10021186 fon Pierce, F~a:d., Febru~~ry 13 1975 For va!ue received, I, we or eifher of us. prom~se to pay, without deFatta~~on, to the order of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION OF ~:>2T PIERCE at Fort Pierce, floriJa, the sum of 5--9l-?~~•~ w~th intrrest irem date at the rate of 9•25Ye per annum, in maithly instalb ~ ~<~.~rs es foilows: S 118 on the2~th day of !`tareh ~9 7S_ snd a tike sum on the correspo~d~ng d~y of each month fher~- e•!er ~nti) the whole be f~~ly paid. _ Each ins~all~ient (irsf shall be applied in payment of the ~nterest and tl,e~ on the unpaid bal~nte of Ihe principal aum. If default is msde in the ;.,,rnent of any ~nstalfinent when due, and such dzfault continues 30 days, then a~ the oprion of Ihe holder, and without any other notice, all the remaining ,~,ra~lrnents shall be due aud payable a~ o~ce. Privilega is given to prapay this note in whole w in parf at any time without penalty. Neither forebearsnts, •~o- acceptance by ~he hcldcr thereof afrer any default in any payments hereon, shali be deemed extension. A late paymeot charge of S~Q, sh+ll be d,i~•d ~o each ina~aliment remain;ng unpa~d 7 day aftcr its due date, and a Gke sum ahail be addrd to each such inslallment remaining unpaid 7 days atter _+ch succeeding payment date_ . Each maker, surety arul endorser hereof, join~ly and severalty, waives de,nar~d, presentment protest and notice of protesl fw no~payment, atxl furthsr ~3rees to any eatenron of nme of p,,yment, e~ther 6rtore o~ aiter mawrity, wi;h~ut nouce to any of us; and to pay all costs of collectan, intludiny a ~~sonable atTOrney's fee in the event of any defa~h hereunder, and hereby severatly waives all benefit of twmestead and e:emption u~wer the tantitWion •~d :aws of each S:ate of the Un~ted States, as against this obl~gation w any e,ctens~on or rcorwal htT~Df.-, - ~ Witness the twnd and seal of each party. t~e j~ ' s Carl F. Dreher ~ . (sEnU ~ ~ ' s Se lma Dreher ~ ~ ~ 3 . 80 ) Sta~e Revenue ~ ~re~wp~ ~aw~eiiad-ow ~a+gi+w1-wo~e) ~ . , - NOVV, THEREFORE, the MORTGAGOR f~ the p~rpose of securing psyment of said sum of s 9~20~~~ , and the prfwmsnte of ths c~:enants and agroeme~ts hereinafter eapressed, and fw divers good and valuable co~sideratwns, by these presents, does grant, bar9ain, se11, remise, ::_~s_, convey and conf~:m unto the MORTGAGEE, its successors and ass~gns, al! thal certain bt, piece or parcel of I~nd, sitwte, lyiny, and beirg in tM k ~cun•y of St . I~ UC 1@ and State of fbrida, described a~ follaw~: ~ot 6, R lock 1, I.IIEM St7BDI VISION, as per plat thereof on f ile in Plat ~ Pook 9, page 73, public records of St. Lucie County, Rlorida, STATE ~ ~L ° DOCUAAEN?AF?Y~ ~s~RPDA ! f ~°c~~ ~ Df P(. OF REVEtIt1E r.c. y - ; ~ _ _ ~E~2~•~s~ : ~ ~ 1 3..8 0 1 ~ M = ee. ,.1.; ~ . o = ~s~oz t ( . . ~ ~ ~ d ~ RECENlD V' W MriEIR UF TIIX~ ~ OIE Oii GASS'C IqTAIVGIBLE PER90NAL PROPERiY. p1iRSlGNT TO CFIAPTER 71-13~. A~C7'S OF 1911 ~l ~ ROGE~ PORWIC ~ c~~nc aRCUR oouxr. u. wc~ co., Fu ~^gefher with sil and singular the tensments, hereditaments snd appurNnces thereunto belaging w io anywise ~pp~rNininp thereto, and all reMS, issves, :.•oceeds and profits atcruing and to acave from said premises, all of which ~re intluded in the sbovt and fwegoirg dexription and h~bendum. ~ TO HAVE AND TO HOtD the above descnbed and gronted premises unto the said MORTGAGEE, iri ivccessors and auig~s fwev~r. And th~ s~id ~ .,~QIGAGOR for - t~lr---_- heirs, exctutors, administrators and assi9ns, hereby covenanb with fhs said MORIGAGEE, its suttessors and assipro, ~ •~arthe-~1 are lawfuliy seized of the said premius in fee aimple; that the samt are free, ckar and discharged irom all liens u~d ~newn- ~ :.~a,ces in taw or in equity, and that thQy w;ll and their hein shsll warrsnt and defend the titk to Mw s+ms to ths s~id vORTGAGEE, its svccessors ar,d au~gns, fwever against the lawful clsirra and demaoda of all perwro; ~ PROVIDED, AIWAYS that if the MORTGAGOR shall pay unto the AhORTGAGEE the promissory rate hereinbefa~ dexribed and ihall truly, ptomptly •-d fully perform, d~scharge, eaecute, complefe, comply with and abide by esch and every the stipulatFons, preemenfs, caxlitiau and covenan~s of said ~ ~ ~~n~sswy rate and of this Mortgage, then this Mongsge and the btate hereby uested shall ceas~ s~d be null and void. ~ ir. IT IS UNDERSTOOD that the word "Mortgagor" whether i~ the singular or plural anywhere in this Mortgaye, ~hall be sinpular if ons only and ~ s~a;' be plural jointly and severally if more +han one. ~nd that the wwd "their" ss vsed ~nywhere i~ this Mwtyag~ shall be Uken to me~n "his," "htn;' ~ "~ts," wherever the context so implies or admits. Also, that wherever there is s ~eferenoe in the coven+nts ~nd spreements herein oont~in~d to ~ny of ~ ?^e parties hereto, th~ same shall be con~trued to mean ss well as the heirs, tegal rtp?esentativd, wcteuors and astipns (eifhet volunt~ry by aN of tM ~ ..a~fies a involuMary by operation of the law) of t1~e same and that the covensnts herein conrained shsll bind •nd rhe ben.fin and advu?taQ.s inw. ~ : the respective heirs, Iegal representatives, successws and au~yns of the parties Fxreto. ~ And taid 1Nortgagas, fw tiKmulves and their i+ein, legal represe~?tatives, succe:sws ~nd ~uiyiu, hereby jointly and sevenlly toven+nt ~~d ay~~e ~o and with the said MORTGAGEE, its successors ~~d assgrn: 1. To p~y sll and sinpular the principal and interest and the vario~s and sundry wms of :noney payabtt by virnro oi said promiuory noft, and thia ~ --orrgage, each and every, promptly on the days respedively the same sev~r~lly become dve. ~ 2. To p+y sII ~nd tingvlar the taxes. +ssessmenb, levies, liabitities, obliystioru and encumFxances of ~very natwe and kind naw on said d~scrib~d c•~operty. or that here~ftsr may be imposed, suffered. Placed, levied, or assessed thereon, w thst her~ift~r msy bt levied q asseat~d upon thh Mortp- ~ age, w the indebtedness secured hereby, each and every, whe+? due u+d psyable, xcadinp to law, befor~ they become d~linqueM, and b~fot~ any fnttr~st ~ ches or any penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORO THE SAME SHAII BE PROMPTLY SATISfIED AND DISCHARGED OF _~ORD AND THE ORIGINAL OFFICIAI DOCUMENT (SUCH A~, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OFFICUIIY ENDORSED CERi1F1ED) SHAII 8E PLACED IN THE HANDS Of SAIO MORTGACEE W11HIN TEN OAYS NEXT AfTER PAYNIENT; snd in the event tMt s~p thereof a no1 ~ : e~d, saYsfied and diuharqed sa:d MORTGAGEE may at a~y hme pay the same w any part thereof withouf w~iviny w affectir~ any option, (itn, equity p ~~ah~ vnde~ or by v~rtue of this morigage and the full amount of each and every such payment ahall be immediately dve and p+yable and sMll bear interqt ~~e•~ •Fa dato oke~eoj ~:~r,i pa d a~ ra~e of n~ne per centum per annum and together w~th such interest shall be secured by the lien oi th's morgtage ~ ~ - - - ~ ~ ~ : _ ~ . _ , . . . , . .e~~