The URL can be used to link to this page

Home My WebLink About2529 , ~ ~ `J Q~;j ~ ti THIS iNDENTURE. Made the__ 21St day of _ A~rll A.D. 19 7~~, between _ ~ Kenneth R. Drew and Eve l~rn L. Drew~ h i s wife oF _ 5t . Luc ie County Fforida, Aereinafter deii~nated as rhe "MORTGAGOR," and FiRST fEDERAL SAVINGS AND IOAN ASSOCIATION OF fORT PIERCE, a torporation wgani:ed and ex~stinq undar the taws of the United Statas of Amerita and having iti principal piace of bus~ne~i in ths City of Fort Pie~ce, St. Lucie County, Florida, he~einafier des~gnated os rhe "MORTGAGEE." WHEREAS the MORTGAGOR is justiy indebted to 1he MORTGAGEE in the svrn of S- 3O1-000• UV good and lawful mo~~ey of the United Srates advanced by tF~e rAORTGAGEE unio the MORTGAGOR, as evidenced Ly a certe~n ~~romisso~y r.o~e ot even date herew~~h, of wh~ch ine following io N:JI~~ and iigures is a true copy, to-wit: ~ ; 3 U, 000 . 00 No- 10~212F~A A ' fort Pimce, Floride, ~ Pr ` 1 21 . ~q~_ fw va've ~eceivrd, 1, we or either of ~s, prom;se to pay, without de~a!canon, ~o rF~ o~der of FIRST FEDERAI SAVINGS AND tOAN ASSOCIATION OF %;;RT PIERCE ~t Fert P~~rca, Foricia, the tum ef S 3U-~UU~aYO_ w:!n intz~eit from date at the ~ate of ~.~~o per anr.um, in monthly install- :s os f;;:'~,vs: S-~a^ •~0_ on th~ _?Oth ad,, of ____nV9USt Iq. _ 7~ and a ~ike sum on the correspondmg day oi each moMh there- ~'~~rr until rhe whoie L~r tuily pold. Each instail~~ent (irot shall be applted irt paymznt of the interest and then on tha ~nNa#cf batance of the princupal sum. li default is made in Ihe i:„nan~ of any initailment when due, and such defau~t continues 30 days, tha~ at the optien of ~he holder, and without any other not~ce, all the remaining ,rallments shai! be dve and payable at once. Privilc~e is given to prepay lhii note in whole or in part at any tirne without penalty. Neither faebearante, r.ur acceptance by ~he ho!der thereof after any default in any payments hereon, shali be deemed extension. A late payment charge of S 1'2 • 35 shall be ; d ro eech ins~allment remaining unpa~d 7 days after its due date, and a I~re s~m sha!I !re addrd to each such instaliment remaining unpaid 7 days after :;~h succeeding payment da~e. Each maker, a~rety and endorser hereof, joimty and severally, wa~ves dernand, presenrment protest and r.otice of protest for nonpayment, and further :~r.tes to any extension of ~~me of payme:v, e~nc~r ~fore or after maturity, wniicur not~ce ro any of us; and to pay all costs of collcction, inctud;ng a ~ ;onable attorney's fee +n the event of any defau~t hereunder, and hereby severa~ty waives atl benefit of homestead and exemption under the constitution ~^d :a,~s of each 5!are of the United Sta~rs, as aga~nsr +his obiiya~~on w any eRtens~on or renewal hereof. Witness ~he hand and seat of each party. v• . . S/ Kenneth R. Drew (SEAI) (SEAI) S/ Evelyn L. Drew c ` 4 S_ O 7 State Revenue ~s~~ `t ?~~~~~~61C~a6K7io~~x N01fV, THEREFORE, !he MORTGAGOR for the purpose of aecuring payment of said sum of j 3U+~~0.0~ ~ and fhe perfwmance of fhe ;;,r~nams and agreemems hereinafter expressed, and for d~vers gaod and valuabte considerations, by these prose~ts, does grant, bargain, sell, remise, ,:~se, convey and conf~rrtl unto the I~AORTGAGEE, its succeswrs and assigr,s, a~t tha~ certain lot, piece or psrce) of land, situate, lying, and being in ihe County of SL . Luc ie and Stare of florida, deur~bed as tollows: South 2S feet of Lot 25 and all Lot 26 and north 5 feet of Lot 27, Block 5~, St1~; LUCIE YL.A7A SUKDIV]SIUV, UVIT O1VE, as per plat thereof on file in Plat ftook 5, page 57 of the public records of 5t. Lucie County, Florida. - 7'O~ - %3l7'- ODO~'S~ . . ' =r % ` - - RE(.'E , =j- ~ ; . - : _ _ - ~ _ p~ ~n ~'~C"J , ~ % =1 hl F ~,;i,, M ~ ~ ~.J F~l ! I ON ~ IN PAYM ~ E;. ~r ti~E r r ~ PURSt1AMi fp ~R~~~ rERSphIA(~ OF Tj~ - ~ _ 71•]34, ACTS ~P~~• = -J ' *~~~J'~ 4 5. c~ Q , ~'~R Rcuir R~ °F 19~~~~c ' _ , _ K CI ~ J , ` - j . . S! LUC?E C0, FlA ? ; ~ 1: ~erher with all and singuiar th~e tenaments, hereditaments and appurtances thereunto belonging ar in anywise sppertaining thereto, ~nd all renis, issues, :-oceeds and profits acuu~ng and to acuue from said prcmi3es, all of which are inc0uded in the above and foreyoing dewiption and habendum. r TO HAVE AND TO HOLD the abo~e described and granted premises unto the said MpRTGAGEE, its successors and assigns forevar. And tFk sald :".GRTGAGOR for hg 1-1----- heirs, executors, administrators and assigns, hereby covenants with the said MORTGAGEE, its iuccesson end auipes, ~r~a~ --~~-Y-~Z-~- lawfuily seized of the said premises in fee simple; that the ume are free, clear and dixharged from all liens and entum~ , r~arces in law or in equity, and thattheY will and th~__ heirs shall wsrreot and defend the title fo the same fo the qid :'ORiGAGEE, irs successors and assigns, forever against the Iawful ciaims and demands of all per~ons; PROVIDED, ALY~AYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefore described and sh~ll truly, promptly r d fulfy perform, d~scharge, execu?e, complete, compiy with and abide by each and every the stipulations, agreements, conditions and covenanri of said ; n~ssory note and of this Moftgage, the~ this ~Aortgage and the Estate hereby created shsll tesse ar~d be null ~nd void. i IT IS UNDERSTOOD that the word "Mortgagor" whether in the s~ngular or plural anywhere in this Mortgage, shall be singular if one onl~ and ; c' all be plurat jo~ntly and severafly if more than one, and that the wo.d "their" ss used snywhere in this Mortgegs shall be taken to mean "hii;' "F~ers;' o~ ' ' its," wherever the context so implies or admits. Also, that whereve? there is e reference in the covenants and agretments herein tontained to ~ny of ~•e parties he~eto, the same shall be construed to mean as well as the heirs, legal representatives, iu~cessors and assig~s (either voluntary by atl of th~ ; 3~''es or involvntary by operarion o~ the law) of the sarcee and that the covenants herein contained thall bind ar?d the benefit~ and adwntages inun ~ •o the respedive heirs, legal representatives, su:ceswrs and ass~gns of the parties hereto. j And said Mw~y,qon, for the-:.:~'ves and their heirs, legal represematives, successus and assig~s, hereby jointty and tev~rally coven~ot and ayree ro and with the said MORiv:.:.~c, its successors and assigns: ~ 1. To pay all a~d singular the p•~ncipal and interest and the various and sundry sums of money paysble by virtue of said promissory note, and thii .n~n ° ' Tnrrgage, each and every, prompdy on the days respecrively the same severally become due. ~ + 2. To pay all sr~d singula~ the taxes, assessments, levies, liabilities, obligations and encumbr~nces of every nature and kind now on said described p~ ~perty, w that hereafter ma~ be impoud, sufiered, plxed, levied, or assessed thereon, w that hereafte~ may be levied a assessed upon this Muf¢ ~ age, the indebtedness sen.red hereby, each and every, when due and payable, sccording to law, before they become delinquent, and befor~ ~ny intereat .~~~aches w an~ penany is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORU THE SAME SHAII BE PROMPTLY SATISFIED ANO DISCHARGEO OF ~!CORD AND THE ORIGI?vAL OFFICIAI DOCUMENi (SUCH A5, fOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFfIC1AlLY ENDORSED i ',R CERi1FIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AfiER PAYMENT; and in the event that any thereof is not t ~ d. sat sf~ed a~d dhcharged sa:d MORTGAGEE may at any t~me pay the sarrx or any parl thereof without waiving or e(feding any option, lien, equity or ahr vnder or by v~rtue of this mortgage and the full amount of each and every such payment shaH be immediately due and payable and shall bear interest : ~i,~e c.~ _;.a d~• ,are of n~ne per cenrum per annum and togerher w.th such in!erest shall be secured by the Iien of th s mpr9~d~e : , . ' ; ~ ~-:'~:~,~~:-n.a.,~;> 3.. ,i~ ~,.e w ~ ~ ~S ~ti f ~F.Ya~(. ~ . u ~ . ~ ~ . . . . . ~ . . .E :