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TMIS IND~NTURE, Made the ~~h dey of__~~'~Y'_~$~~-_ _ A.D. !9~, between ~
Kenneth La Varn Drtix~mond, ~ sin~, e adult
of St a__I'uCiB County, Florida, he~einafter deiignated as the "MORTGAGOR;' and CITIZENS FEDERAL SAVINGS AND LOAtd
ASSOCIATIOh OF ST. WCiE COUNTY, a corporation organized and ex~tting under the laws of the Ur.ited Statet of America and having its principal placa
of b~siness in Iha City of Ft. Pierce, St. tucie County, Florida, hereinaftet designated as the "MORTGAGEE".
WHEREAS the A10RTGAGOR is justly indebted to the h10RTGAGEE in the sum of s~ ~']Q QQ , good and lawful money of the U~ited
$tates advanced by the MORTGAGEE unlo the MORTGAGOR, as evidenced by a certain promissory note of even date hera~vith, of which the followi~y (n
words and fiQures is a true copy, tawit: 8
s~-,.~54.~4;__. - No._ -33~~r
Et. Pierce, Florida Feb ruary ~~q V V
. For value received, I, we or either of us, pro~n~se to pay~,7witphout defalcation, to the order of C~TIZENS FEDERAL SAVINGS AND IOAI~ ASSOCIATION
Of ST. IUCIE COUNTY, at Ft. Piercr, Florid , the sum of I+ 05~ • 00 with intereil irom date at the rate qf~% p~r annum, in
mo~tAly fnstallmet~tt as follows: S ~3 • 75 on the ,-Or'h day of ~a~h , 19 b and a lika sum on the
correapondinq day of each month therea(ter until the whole be fully paid.
Each installme~.t first shal) be applied in payment of the interest and then on the unpaid balance of tha principal sum. li default is made in the
payment of any installment when due, and such defautt continues 30 days, then at the oplion of the holder, and withouf any other notice, a11 the remaining
installments shall be due and payable at once. Privilege is given to prepay th;s note in whole or in part at any time without penally. Ne~ither~ fporebearance,
nor acceptance by Ihe holder thereof after any defavlt in any payments hereon, shall be deemed extension. A lare payment charge of 5~~., shall be
added to each ins.allment remaining unpaid 14 days after its d~e date, and a like sum shall be added to each such installme~t remaining u~paid 14 dayt
after each succeeding paymenf date. -
Eech maker, surety and endorser hereoi, jointly and teverally, waives demand, presentment protest and notice of protest iw nonpayment, and f~rther
agreet to any ezfenfion of fime ot payment, either be(ore or after maturity, without notice to any of us; and to pay all cost~ of tollectio~, inclvdinp a
reasoneble attor~ey's fee in the event of any default hereunder, and hereby severally waive~ a!I beneiit of hometlead and exemption under ths contlitution
~nd law• of each State of the United States, ai against this obligation or any eztension or renzwal hereof.
~llitness the hand and seal of each party.
sfKe ne h La Varn Drummond, a_sing~t)adult
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(Stamps cancelled on original~note) ~7 E
NOW, 7HEREfORE, the MORTGAGOR for the p~rpose of iet~ring payment of taid sum of S t~~5~ • Q~ , and th~ pe~formsnc~ of tM =
covanant• and egreementi hsreinafter expre3eed, and for diveri good and valuable considorationt, by thete presents, deas grant, barpetn, ~ell, remiu,
releaae, ~convey and confirm ~nto the hAORTGAGEE, it~ euccessors a~d assignf, all ~hat certain 101, piece or percel of land, ~ituaTe, lytnp, and bainy In tF»
Counry of - St'i . T~I1Cj ~ , and State of Florida, described as fo~lows:
Lot 9, Block 5 of Sunny Acres Jubdivision ~
as per plat thereof recorded in Plat Book 8, at _r,a~e i
25, of the ~ur,lic Records oi St. Lucie Couniy, rlorida. ;
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~ tcrpethar with all and sing~lar the tenements, herediraments and appurtnnces thereunta belonging or in anywite apperteTning thereto, ~nd ~II rents, issva~,
; proceedi and profits accr~ing and to accrue from said premises, all of which are included in the above and foregoing deicription and habendum.
TO HAVE AND TO HOtD the above described and granted premises unto the said MORTGAGEE, it• svccessors and as~igns forever. And the sa(d
MORTGAG R for ---hi-~~----- hein, execvtors, administ~ators and assigns, hereby covenanls with the said MORTGAGEE, its iuccauort and +tsTyni,
that ~e-i'$ lawfully seized of the said premises in fee simple; that the iame are free, clear and discharyed irom all I(ens end tncurtr ~
brancei in Isw or in equity, and that he will and rli 4 heirs shall warrant and defend the title to the same to ths said :
MORTCaAGEE, i1t s~ccessors and assigns, forever against the lawful claims and dema~ds of all perions; ~
PROVIDED, AlWAYS tfial if the MORTGAGOR shall pay unto the MORTGAGEE the promissory nofe hereinbefore described and shall fruly, promptty ~
and f~lly perform, discharge, exec~te, complete, comply with and abide by each and every the ttipvlations, agreements, condi~iom and covena~ri of aid {
promiiiory note end of this Mortgage, then thit Mortgage and the Estate hereby created shsll cesis and be null and void. ~ ~
~ IT IS UNDER3TOOD that the word "Mortgagor" whether in the singular or plural snywhrre in thit Mortgsge, ihall be tinpul~r if ons a~ly and
shall be plurol jointly and severally if more than one, snd that the word "thcir" as ~ied anywhere in thit Mort9sye sfiall be laken to mesn "hi~;' "hsn," ~
~ w"iti;' wherever the context so implies or admits. Also, that wherever there is a reference in the covenanti and agreemeni~ herein contair?td to ~ny of ~
tne perties hereto, the same ~hall be construed to mean at well as thr heirt, lefla! rtpre~entstivea, •utcessas and a~siyns (either volunt+ry by act of the
~ partiei or involuntary by operation of the law) of the sams and that the covenant~ herein conlained shall bind and the benefit~ and advantaga In~n 1
i to the re:pective hein, legel repro~enratives, succesiors and assign: of the parties hereto. ~
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