Loading...
HomeMy WebLinkAbout2533 ~ THIS iNDENTURE, nlade l l st day ol npL 11 AU. 19?~. between _ Kenneth R, Drew and Evelyn L. Orew. his wife of $t . Luei e Cp~nfy fiwids, hereina(ler drtignatrd as the "MORTGAGOR," and FIRST FEOERAL SAVINGS ANp tOAN ASSOCIATION OF FORT PIERCE, a corporahon o~gani:ed and exi~tir~ under ihe laws o( the Un~ted Statoa oI America and having iri piirxipal place of bus~ness in tFa City of Fort Pierce, St. lucis County, Florida, hcreinaf~er designated as the "MORiGAGEE:' WHEREAS the MORTGAGOR ~s jv~tly indeb~cd to ~he MORTGAGEf in tAe s~in ~f = 3Q • QQQiQQ , pcod and lawful mor.ey of the Un;ted Sr,res ad.~anced by the 1V!ORiGAGEE unto the MORTGAGOR. as evid~nced by e cerram promissory note of even date hrrewi?h, of wh~ch the (ol(owing in :.ords and fig~~es is a r~ue copy, to-wit: f _3 O . 000 . 00 t~,100212 ts2 Forf Pierce, Flwida, APr i 1 21 ~ ~q 75 for valur r¢i¢ived, 1, ~vc or eithrr oF us, prom:se to pav, withoul defalcat~on, ta the order oi FIRSi FEDERAL SAVINGS AND LOAN ASSOCIATION OF ~RT PIERCE ~t Fort P~c.ce, Florida, tha svm ef S-- ~~aQ40,_QQ___.___ w~ih in~cr~st fiom date at the rat.~ of~_• 75°% per anr.um, in month~y ~nstall- .~s as fcl!c,ns: S 247!_OO _ on tE,e 2Ot h day of AU(]U St ~q_ 75 and a Gke aum on the correspo~d+ng day of each moNh there- •~~~-r unht the whole be f~Ily pa~d. Each ins!allment first shall be appGed in payment of the interest and then cn the unpa;d ba!ance of the princ~pa! sum. If default is made in the ,~,~nent of any imraliment when due, and such defauh continues 30 days, then at the opt~on of the hclder, and without any other not~ce, all the remaining ~ n!ellments shal! be d~e ar.d payable at once. P~ivilege is given to prepay this note in whole or in part at any time without penaity. Neither forebearante, r,,r ecceptar.te by the holder thereof after any default in any paymems hereon, shall be deemed extension. A!ate paymem charge of j__~~S shsll be :I;_d to ezch instatiment remaining unpa~d 7 d~ys after its due date, and a l:le wn, shall tx addrd to each such instailment remaining unpaid 7 days after ~ h aucceeding paymero dare. • Each maker, swety and endwser hereof, jointly and severally, wa~ves demand, prxsentmen! proTest and nolice of protesl for nonpayment, and further e•Jrees to any ewtens~o~ of t~me of pa~ment, eiti~er oefore or aitet maturity, without not;~e to any of us; and to pay all tosts of collec~ion, inclvd;ng a r• :sonable attorney's fee in the evero oi any defautt hereunder, and hereby several~y ~vaives all benefit of homestead and exemption u~der the conatitutan ~d Iaws of each State ot rhe Un~?ed States, as aga~nst th~s obligalion w any exrer.sion o~ renewal hereof. W~tness the hand and seal of each party. - S/ • Ke nne t h R. Ur e w ($EAl) (SEAt) Sl Eve lyn L. Drew (SEAI) ~¢5• U~ ) Sta?e Revenue ~S~~~ " tiS(~l[~P1UrlC9C~~QR7Q~0QKh@~QSFk NOW, THEREfORE, the MORTGACaOp for the purpose of securing payment of uid sum of : 3O~ 000• ~0 , and tl~e perFormance of the c_~venants and agreernents hereinafter expressed, and for divers good and valuab!e ccnsiderafions, by these presents, dces grant, barflain, sell, remise, ~ase, convey and confirm unlo the MORTGAGEE, its tuccessors and assigna, alf that cenain lo?, piece or parcel of land, situate, lying, and being in the Co;,nry of - $L . Luc ie and Sta~e of Fiorida, desc*lbed as follows: Lot 2~, LESS north 5 feet and North 35 feet of Lot 2£s, Block 59, SA~ UJCIE PLAZA SUADIVISION UNIT ONE, as per plat thereof on file in Plat = Book pa~e 57 of the public records of St. Lucie County, Florida 3 - 7'0.~. - /3/ 7'- OOO~~I ' f . . . - ~ ~ ~ - V t'.~ ~ ~ f ` 1 ~T ^~T L;_ r= ? ~ ~ 1 I: 1~~ ~~_i ~ ~ .n ~s j):~~tt~ ~ ~ ~ . iiC ~ n u~ ~=,~t".~~:th.'L~:~: i~.~.i Gj, ~i ~ ~ RECEIVED 'f/j IN PAY!#~ ~ • ' ~NT OF TAkE~ = r - - ~ k= ~ .'-L. f ~ _ ~ DI.E OH ~ ~ INTANGIBIE PE~tSQ,YAI PRt3FERfY, << M F.q .~_Y.-- P U R S l 1 A NT TO CFIAPTER 71-134, ACiS OF 19/1. l - _ _ ~af~ ~l~.S ~:i C c~Rx ciRCUrr oou~, sr. wc;iE oo., F~. . r, ~e+her with all and singular the tenements, hereditaments and appurtar.ces thereunto belonging or in anywite appertaining thereto, and aU rents, issues, :~ocEeds and profits accruing antf !o accrue from said prcmises, all of which are included in the ~bove and foregoing desctiption and habendum. TO HAVE AND TO HOLD the tbove described and granted premises unto the said MORTGAGEE, its successors snd assigns forever. And tha said the ir ° ~'~RTGAGOR for h¢;rs, executws, administrators and assigns, hereby covenanti with the said MORTGAGEE, its successors and ~uyro, ~ t hey are ~ "~1 lawf~lly se~:ed of the said prem]xs in fee simplr, that the ume are free, dear and discharged from •II liens and encvm- { :.•.~~,ces in taw or in equity, and that they_ N,;~~ dnd thE1Z heirs shall warrant and defend the tifle to the same to the said ~ :'.~RiGAGEE, itt successors and assigns, forever against the lawful claims and demands of sll personf; ; PROVIDED, ALWAYS that i( the MORTGAGOR shall pay unto the MORTGAGEE the promissay note lxreinbefore described and shall truly, promptly ' ; d tu~~y perform, d~scharge, execute, complete, comply with and ab~de by each and every the stipulations, sgreements, conditions and tovenants of iaid i -c •,~[isory note and of this Mortgage, then this Mortgage and the Estate hereby created shall tease and be null and void. ? I1 t5 UNOERSTOOD that the word "Mo.tgagor" whethrr in the singular a plural anywhe~e in this Mortgsge, ahall be iingular if one only and tlD~ o ' be plural jointly and severefly if more than one, and that the word "tfie~r" as used anywhere in th~s Morlgage shall be takan to mean "his," °hen," ~~D ; }'ies." v.herever the conteat so implies or admits. Also, that tiherever there is ~ reference in the covenants snd sgreementt herein contsined to any of ? e part~es he~eto, the same shall be construed to mean as well as the he~rs, legal representative~, suttesswi end assigns (eithe~ voluntary by ~tt of tF~e ~ ~a~r~es or involuntary by operation oF the law) ol the same and that the covenants herein contained shall bind and the benefiri and advantage~ inute :+!~e respective heirs, ~egal representatives, successors and ass'gns of Ihe part7es hereto. And aaid Mortgagors, ~or themselvei and their heirs, legal representatives, successors and assigns, hereby jointly and seve~ally tovenanf and ayree .d ~ and with the said MORTGAGEE, its successors and assigns: y ~ C9 1. To pay a!I and singular tlx principal and intere~t and the varieus and sund~y sums of money paysble by virtue of said promissory note, and this ~w, ? ~ crigage, each and every, promptly on the days respectrvely the same severally become due. ~ 2. To pay all and singular the taxes, assessments, levies, liabilities, obligstions and encumbrancq of eve~y nature and kind now on said desuibed ~ noperty, w that hereafter mey be ;mposed, suffered, plsced, levied, or essessed thereon, or that heroaiter may b~ levied w assessed upon this Mort age, or the indebtedness secured hereby, each and eve~y, when due and payable, accordirg to law, befae they become delinquent, ~nd befwe any intereit ~ ~^;ci-~es w any penalty is +ncurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIED AYD DISCHARGEO Of 3 CORD AND THE ORIGIhAI OfF1UAl DOCUMENi (SUCN A5, FOR INSTANCE, TME TAX RECEIPI OR THE SATISFACTION VAPER OFFICtAIIY ENDORSEO ~ C4 CERTIFfED) SHA/l BE PIACED IN THE HANDS Of SAID MORTGAGEE v/ITHIN TEN DAYS NEXT AfTER PAYMENT; and in the eveM that soy thereof ia not 3 cl saYsfied and discharged sa:d MORTGAGEE may at a~y time pay the sarne or any pert thereof witho~t waiving or ef(ecting any option, Iien, equity w ~ •:hr vr,de~ or by vir!ue of this morrgage a~d the f~lf amount of each and every such paymeN shall be immediately due and payable and shaH bear interest s t _ci c;~. ~i a~ .are of n~ne per centum per annum and together w;th such interest shall be secured by the lien of th s mo.grage [ ~ ~ ~ K y _ ; s. ~ ~"~.~s ° > ' - _ ` 'ti-a.., ~~~x: _ ~