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HomeMy WebLinkAbout2531 ~~(~~;r~3 TMIS INDENTURE, Mede the_. 215 t__ day of _~~r 1 1 _ A.D. 19 7 5 be~ween ~ .__~ennet~~~:-t~rew ana~ve y1~:~rew~~Tiis wi e of St, Lucie ~~~ry Fior~do, hereinafter designetecl as ~he "MORTGAGOR." and FIRST fEUERAI SAVINGS AhD IOAN ASSOCIATION OF FORT PIERCE, s co~porat~on wganiied ar~d exiiting unda Ihe lu•xs c( the Un~ted S~atas of Americ• and having its principal plata oi 6usmes~ in the City of Forl Pierce, St. lutie County, Florida, 4~ereinahe~ designated as the "MORTGAGEE:' WHEREAS the MORTGAGOR ~s jusNy indebted to the MORTGAGEE m the sum af a._~52.,44~9~__, good and laav!ul mocey oi the Unlted Sr.,res ad~snced by the IAORTGAGEE ur.to the MORiGAGOR, as evidenced by a cerio;n promissory note o~ even date hrrew~th, oi wh~ch ~he totlowin9 in n,rds and figures is a true copy, wwit: f 3S] ~ O~O. No~l~fl~~,7~~.. fort Pierce, Flurida, April 2~ _ _ ~q~~ fo. vafue received, I, vve or either of us, prom~se to pay, without defatcat:on, ~o ~hF order of F1RST FEOERAI SAVIP:GS AND LOAN ASS~JCIATIGN .7F izf PIERCE at f.,r1 P;rice, F~orida, the eum of f 3~~~Q0~_~~ ~n:t!~ ;nt~~~tt from date at thc rate of _~7~ per annum, in mo^thly instad- ~~s as r,.!:,,,,: a_297 . QQ _ on the ~~tL day of BL1f~11SL__ 19 _~S_ and a like sum on tht cwresporxl~ng day of aach r.,aith there- r unl~! th~• ~vi~o;e Le '~liy Na;d. Each installn:ent first sl~all be appGrd in payme~t of the interest and th<~n on the unpa~d balante of the principal sum. If defauh is made in /he ,;,•~ent uf any ins~~liment w4~e~ d~e, and wch dafault tominues 30 days, then a~ th~ ap~icn of the ho;der, and withoct any other notice, all the remaining sr-,!imen~s shall be d~e a~:d payable at once. Priviteje is yiven to prepay th~s ~wte in whote or in part at any time without penalry. Neither forebearance, n:;r ncceptance by the hoid~~r thereoi after any defa~~lt in any paymenrs hereon, shall be deemed extension. A late paymeM charge of S~ shsll be : d to eac~ ~ns~aflment remami:ig unpa~d 7 days aher its due date, and a Gke sum sha;l be adaed to each such lnstallment remaining unpaid 7 days after ~.h succeed~ng payn:ent darc. Each maker, wrety and endoncr hereof, jointly ard severally, wa~ves demand, presentment protest and no:3ce of protest for nonpuymenL and further y.,~i to any exfensicn of ~~me of payment, rither before cr after ma~unty, wifhour not~ce to any of us: and to pay all mst1 oF coflec~ian, includ;ng a o~~able atto~ney's fe^ ~n ihe evenr of any drfau:! hereunde~, and hereby severa!ty waives all benefit of homestead and exemption under ihe constitutan c~ 'a~,s of ecch Srate of ihe Un~red Stases, as ayarnst this ob!~yation a any eatens~on or rer~ewal hereof_ W~tness the hand and seal of each pa~rv ~i , . - • ~ • •_S/ Kenne th R . Drew (SEAL) (SEAL) - S/ Eve lyn 1.. Drew (SEAL) 4 5 . DO __J $tate Revenue «U ~I~2 XJ~X 1~X~GAG~i ~G~C ~67fg K~liA4iCI~ NO'JV, THEREfORE, the MORTGAGOR for the. purpose of securing paymenr of se~d sum of S~n~ QQn 00 , snd the perfwmance of the :e~ams and agreements here~nafter exyressed, and for divers good and valuabte considerotions, by these presents, dces grant, bargain, sett, remise, ~._.~_z, can~ey and co~f~rm umo the ~dORTvAGEE, its successors and assigr,s, all that certain lot, piete w parcel of land, situate, lying, and being io the :~:ety of St . Luc ie and State of florida, descr~bed as foltowt: Lut 2ts, LESS north 35 feet and all Lot 2~ and n 15 feet of Lot 30, Block 59, S/?N L[~CIE PLA7A SUBDIVISION, UNIT ONE, as per plat thereof on file in Plat Book 5, page 57 of the public records of St. Lucie County, Floric~, ~ ~-a ~ ,y~~~ 70~ - ~3~ 7- oo% ~ , ; , ~ . ~ , , . . . _ , S 3 s i~ r r r ~ F i._. ~ F? , 1 . ~ ~ , - Y•~ ~ ~ ~ ~ . T l~ l i t ~ ~ ' " 1 ~ ~ ~ ~ y ~ Q~~i 't~ ~ ~ ~ IN PAYMENT OF TAXES , j -•i''.:: O C~. v V ~ DUEON CtASS'C' INTAN6161E rERSOP1Al PROPER(Y, _ • - ~ ^ , , ~ • :s-~-. ~ J + _ _ _ _ : _ 4 PYRSIIANT TO CFIAPTER 71-134, ACTS Of 1971. _ { ; ~ W ~ , ROGER POfiRAS 1'~ : t. i CLERK CIRq11T COURT, Si. lUCIE CO., FU? ~ . ~ ~,`-`~',,.e;}:~ 3. ~ ~ ~ _ ~;tt e ~ t`~'~_ ~'i. j - ~ - z ~ _ ~ ,r- ~ - ~ _ ~ _ - I ~ ~ ~'=.M~~~~`~ 0 2. - f . 'r' , c - ;3=.`;% L i) ~ } - - _ _ ~ r ~ aerher with all and singula~ the tenements, heredltameMS and appurtarxes fhereunto belonging or in anywiu apperlaining thereto, pnd all rents, is~ues, :~c,ceeds and profits accruing and to accrue from said premises, all of xhich ~re included in the sbove and fwegang dewiption and habendum. TO HAVE AND TO HOID the above descr~bed and granted premire~ unto tF~t s~id MORTGAGEE, its sutceuors and assigns forever. And fhs said their :'UFTGAGOR for - heirs, executors, administra~ors and sssiyos, hereby covenants with the s~id MORTGAGEE, its successon end suiyns, , the,~_ar~___ iawf,~uy se~zed of the said premises in fee simple; that the same are free, dear and discharged from all liens and erKUm- ` -•+~•:es in !aw or in equity, and that_ L he y will a~d t he i r heirs ahall wanant and defend the title to the same to the said " ~ :'ORTGAGEE, its successors and assigns, (orever against the lawful daims and demands of all personr, PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefwe dewibed and shall iruly, promptly ! f~lly perform, d~scharge, exec~te, compiete, comply with and abide by each and every the ttipulations, agreemeMS, condilions and covenants of said .~^~.s:ory note and of this Mortgage, then this Mo~tgage and the Estate hereby created shall te~se and be null and void. p0 ~ li IS UNDERSTOOD that the word "Mortgagw" whether in the singula? or plural anywhere in this Mortgage, shall be singular if one only and _ra'i be ploral joiroly and severally if more than one, and Ihat the word "their" as used anywhere in this Mortgage shall be taken to mean "his;' "hen;' its," wherever the context w implies w admi!s. Also, that wherever there is a reference in the covenants and agreemenq herein conbined to any of -r part~es hereto, the same shall be construed to mean as well as the heirs, legal representatives, successors ~nd sssigm (either voluntary by act of the !~es or invol~ntary by operation of the Iaw3 0l the same and thar the covenants herein contained shall bind and the benefiti and adwntagef inure • ~he respective heirs, legal represenia!ives, successors and ass~gns of the parties herero. And said Mwtgagors, fo~ themsalves and their heirs, legal representatives, successors and sssign~, hereby jointly and severally covenant and ayree ~ _ +o and with the wid MORTGAGEE, its svtcessors end assigns: 1. To pay all and singular the principal and interest and the various and sund sums of mo~e " ~Y y payable by virtue of said promiswry note, and thi~ ~ T.orrqage, each and ev~ry, promptly on the days respectrvely the same severally become due. : 2. To pay ell snd singular the tazes, assessments, levies, liabiiities, obligations and encumbrances of every nature and kind ~ow on said detcribed ~ ;;roperty, w that hereafter may be imposed, suffered, placed, levied, or assessed therean, ot that_ hereafter may bs levied w assessed upon fhis Mort¢ r~ F ~ge, a the indebtedness secured hereby, each and every, when due and payable, accading to I~w, before they become delinqueM, and before any interest f •::c~es or any penalty is +nc~rred; AND INSOFAR AS ANY TNEREOF IS OF RECORD THE SAME SHALL BE PROMPTLY S/ITISFIED AND DISCHARCsED OF _ ~ C^RG ANQ TNE ORIG{NAL OFFIUAL DOCUMENT ISUCH AS, FOR INSiANCE, THE TAX RECEIPT OR THE SATISfACT10N VAPER OFFfCIAILY ENDORSED ~ ~ CER.IFtED) SHALI BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof ii not r d. sar sF~ed and discharged sa'd MORiGAGEE may at any hme pay fhe same w any part thereof witFwut waiving or affecting any optio~, lien, equity or •-~hr ~nde~ or by vi.t~e oi this mortgage and the fu~l amount of each and every such payment shall be immcdiately due and payable and shall bea~ interest ` `~c-' ^~1 - c-.` • c a-1 e• rate of n~ne per cent~m per annum and together w~fh such iMerest shal) be secur<d by the lien o~ rh s morgrage ~ x , ~ i I i ~ t ~~r~~~ ~ -~-~"r 3:'4't ~ ~s - ~t fr`'~~~ ~ ~ , ~.r, . ,