HomeMy WebLinkAbout2535 ~~~r~;G~ J
THIS INpENTURE. Made the_ 2 1 5 t day ol _~j~r 1 1 A.0. 19?
`a - between
~ Kenneth R._ Urew and Evc~yn L. Drew, hi s wife
of ~ t. Luc i e Cp~nty florida, hera~nafte~ detignated as the "MORTGAGOR," and FIRST FfDERAI SAVINGS AND IOAN
ASSOCIATION Of FORT PIERCE, ~ co~poration organizcd and exiuing unde~ the laws of the United Statoi of Amr~ica and Mving itt p?incipal pl~ce of
bus~ne~s in the City of Fwt P~erce, St. lucie County, Florida, hereinafter deiignated as the "MORTGAGEE."
WHEREAS Ihe MORTGAGOR is justly indeb~ed Io the MORTGAGEE in the sum oF S? 5 ~ 2~n • good a~d lawful mo~.ey of the Un~ted
S~~tels adaanced by thr ~AOR!GAGEE unto the A10R1GAGOR, as evickncrd by a certa~n promissory note of evrn date herewith, of wh~ch the follo•N+ng in
~1:J:U~ and fig~res is a~~vc copy, to-wit:
; 2~.?OO.UO _ 10021281
fwt Pierce, Florida, _^-~~ril 21+ ~q 7S
for va~ue ~eceived, 1, we w either of us, prom~se to pay, viithout defslcano~, to ~he erder of fIRST FcDERAI SAVINGS AND IOAN ASSOCIATION OF
<T PIERCE at Forf Pee:~e, ftor;da, ti:e svm of S-_- - 2~?_?OO~OO w;~t~ intc~rst trom date a1 thc rate o( ~s_?+~, per anr.~m, in monthly install-
as fol'c.vs: E__ ~Q~LQ~ _ on the _?~~hJa~ of __~uUUS.~___, 19_~2~ and a like sum a~ the cwrespondmg day of each month there-
: ~ntil the whole be fully paid. !
Each fnstaltment fint shalt be appt~~d in payment of fhe i~rerest and then on ~ha unpaid balance of the princlpal sum. If defau~t is made in the
,,~:~nr of any instolbnent when due, artd scch defauk continues 30 days, then at ~he oFiion of ?he holder, and ~vithoW any other n~tice, all the remai~i~ig
,r,,:Irnen~s sfia11 be due and payable at once. PrivJege is given to prepay this note in whole or in parl at any t~me without penalty. Neither forebearance,
~~r ,cceptance by the ho!der therrof after a~y defauft in any payments hereon, shaf~ be deemed extens~on. A~ate payment charge of 310•4~ , shall be
~ d to ezch ins~al~ment remain~ng unpaid 7 days after its due date, and a IiKe wm shall be added to eech such instailment remaining unpsid 7 days a(ter
i~ succeed~~~ payment da~e.
Each maker, surety and endorse~ hereof, joinrly and severally, waives demar.d, presentment protest and notice of protest fw nonpaymenf, and further (
,.~~~s to any exrension of t6ne of paymenf, ritner 6efore or aher masurity, without nonce to any of us; and ro pay aU casts o( collecteon, includ~ng a ~
1- .~c~,able attorney's fee in rhe event ot any detauh hereundcr, a~d hereby severalty waives all benefit of homestead and eaemption unde~ the constitulion `
±'aws of each Srate of rhe Umted Sta:es, as aga~nst fhis cbligation or any eatension or renewal hereof.
Wit~ess the hand and seal of eacf~ party.
. - . S/ Kenneth R. Drew ~sEaU ;
(SEAI)
S/ Eve lyn L. Drew
37.80 tsEn~) .
' ~_y- ~yVwa~ y~~~v State Ryeyvenue
~ 1:~NlHJ~~Wa1ii/~JVf~~ia/\ j
25 2U0.0~ =
NO'N, THEREFORE, the ti10RTGAGOR for the purpo~e of secvring payment of said sum oi S ~ and the performance of thp ~
,,:c~~ams and agreemen~s he~e~nafrrr exprrssrd, ar.d for drvers good and vatuab!e cons;derations, by these presems, does gra~t, bar9ai~, se~l, ~emise,
_,,se, crnvey and confirm unto the ~AORTGAGEE, its successors and assigns, el! that certain lot, piece or parcel of bnd, •ituate, (ying, and being in the
,__•,,~ry of SL . LLiCiE and State of Fbrida, dexr~bed as (ollowa:
'~orth 20 feet of Lot 4, all Lot S, and ~outh 10 feet of Lot 6, Block 60,
S~N L'CIF PLA7~ SUBDIVISIO\, ll~IT U~E, as per plat thereof on file in
;
Plat Book S, page 57 of the public recurds of St, Lucie County, Florida.
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.r.g _s t~t L~i~~ ~ 3 7. 3~! P~ TO t~1qp ~71-1 E4~~t;~[ FW;F~R~! j
- a- ~ 4 ~ ~R 34. ACiS OF i~it. .
ROGER PORPJiS ~j-,~ ~ i
-
~ G.ERN CtRqJli OOIiRI. Sf_ RUGif. t=fi. F~ ~i
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, $
~ aerher w~th aU and sin ufar the tenements, hered~tamems and a
g ppurtances thcreuMO belonging or in anywise appe?fsining thereto, and sll rentf, issues,
.~cceeds and profirs attru~ng and to accrue from said premises, all of which are intluded in the above and foreyoing dexription and habendum. i
TO HAVE ANO TO NOLD the above described and granted premises unto the said MORTGAGEE, iti succeuws a~d assi9ns forever. And ths said
~ RTGAGOR for --t he 1 T_____ ~;rs, e:ecutors, administrators and assigns, hereby covenants with the said MORTGAGEE, its suttessors and auiyns, ;
•~,.r -~~Y-~L~.____ !aw!ulty se~zed of the sa~d prem~ses in fee simplc; that the same are free, cksr and discharged from ~II lienf and ~ncvm- ~
-~.ces in !aw or in equity, and that thev will and L~721I hein shall warrant and defend the title to the isme to the said ~
::~RiGAGEE, in s~ccessors and ass~gns, forever against the lawful claims and demands of all penon~;
PROV{DED, ALWAYS that if Ihe M.ORTGAGOR shall psy unto the MORTGAGEE the promissory note hereinbefwe described snd tMl) fruly, promptly
- 1 fuliy perform, dacharge. exewre, complete, comply with and abide by each and every the sfipulations, agreements, conditiooa snd covenanri of taid
_~~~~sso.y note and of this Mortgage, then this Mortgage and the Estate hereby created shall cease end be null and void.
IT 1$ UNDERSTOpD that the word "Mcrtgagor" whether in the singular w plural anywhere in this Mwtgage, sh~l~ be singular if one only and pc ~
a'! be plural joimly and severafly if more than o~e, and that the word "?heir" as uted anywhere in this Mortgsge shall be bken to mesn "his;' "hen," o~ i
' irs," v.herever the contear so impl~es or admirs. Also, ~hat whereve~ there is a reference in the covenants and egreemenri Frorein contained to any of ~ 5
• e pa.rFes herero, the same shall be construed to meen as well as the he~rs, fegal repreuntatives, successors and assigns (either voluntary by atl of the ;
~~r es or inroiuntary by operation of tlae law) of the same and thar the covenants herei~ contained shall bind and the benefits and advanbges inure ~
_ rhe respective heirs, legal representatives, succetsors and ass°gns of the parties heteto. ;
And said Mortgagors, for themu~.es and their heirs, legal representatives, s~cceswrs and assigns, hereby jointly and teverally covenant and agree ~
o and w~th the said MORTGAGEE, irs successors and auigns: ~
l. To pay el~ and singular the principal and interest and the various and sundry sums of mpney payable by virtue of said promis»ry note, ar.d t1~is ~1
T ~rrgage, each and every, promptly on the days respect~vely the same severally become due.
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2. To pay all and singular the taxes, sssessments, levies, tiabil~ties, obligations snd encumbrances of every nature snd kind naw on ssid dexribed }
= c roperty, or that hereafter may be impoied, suffered, placed, levied, or aueued thereoo, or that hereafter may be levied a assessed upon this Mwt¢
r~~. w the indebtedness secured hereby, each and every, whe~ due and payable, accwdiny b law, befae they become delinqueM, and .befwe any iMerest ;
cnes or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PRONIPTIY SATISfIEO ANO DISCHARGED Of -
: t CORO AND iHE ORIGtNAI OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFfIC1AllY ENDORSED
= CERTIFIED) SHAII BE PIACED IN THE NANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event Ihat any thereof ii not
,.:i saYSfied and discharged sa:d MORTGAGEE may at any t;me pay the same or any part thereof without waivi~g or af(ecting sny optioe, lieo, equity or
-,i r unde. w by virr~e of this morrgage and the full amo~nt o( each and every iuch paymeM shall be immediateiy due and payable and sh~ll bear interest @
~ ~i~•~ ~',e~ec' .,~~~i c a d ar rate o? n~ne per cenfvm per an~um and together w~th such interest sha~l be secur~d by ~he lien of fh s morgtage
. ~
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