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A. ;~ ~~~•~ 5~ ~~~5~ ~ h~ ~~~ iH15 INDENTURE, Made the l~) ay of DtaeeLnber A.D. 19_~, between ~ksr Peterson and Vera J. pe~erson, his wife of St • L,11C~9 County F-orkla, hereinafter dNlgnated as the "MORTGAGOR," and FIRST FEDERAL SAVINGS ANO LOAN ASSOCIATION OF FORT PIERCE, a corporation orpanimf and uciating undo tM lava of tfae United Statq of America acd Mvlrq Its principal plan of business in tM City of Fort Pierce, Ss luclr Cac•nty, Florida, hereinafter deeignatea as tM "MORTGAGEE:' WHERER.S the MORTGAGOR is `ustly irulebred ro the MORTGAGEE In tM sum of S-.ll a 2 ~0 a QQ "good and lawful money of tfia Un;tad States advanced by the MORTGAGEE unto the MORTGAGOR, as eviderxsd by a certain promissory note of even dots herewith, of which' tM following in worl`sea'td~oarO~s a trw copy, to-wit: ', ~ O S fwrt Pkru, flo.di, December 10 ~ l9 For value received, 1, ws or either of us, promise to rp~ay, without defaltetion, to tM order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION O~ FORT PIERCE at Fort Pierce, Fiords, the sum of S ~1J 270 • ~~ with Interest from date at the rate of6 • b % per anrwm, in monthly instrll- meats es follows: S 1~2 • ~0 on tF•.e _~~ day of Mal' Crl 19~ and a like sum on the correspo,sding day of pach• month There- after until the whole be fully paid. 1. Each installment first shall ba applied in payment of the interest and then on the unpsid bolartu of the principal sum. If default Is traade In the payment of any installment when dw, and such defsult continues 30 days, then at the option of the holder, end without any other notice, s!I the rema~.~ing installments shall be due end payable at once. PrivileyTe is given to prepay this Hots in whole or in part at any time without penalty. Neither forebearence, nor accepta:xe by the holder thereof after any default in any permeate hereon, shall be deemed extortion. A lets payment charge of S shall be added to each inatallmant remaining unpaid 7 days after its dw data, and • like sum shall be added to each such installment remaining unpaid 7 days after each succeeding payment data. Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protest for nonpayment, and further agrees tc any extension of time of payment, either before a after maturity, without notice to any of us; and to pay all costa of collection, including a reasonable attorney's fee in the event of any default hereunder, and hereby severally waives all benefit of homestead end exemption under the constitution and lows of each State of the United Staten, as against this obligation or any extension or renewal hereof. I wit.,... the hand and seal of each party. S~ ~dkEjr Peterta on (SEAL) S~ _Vera J. Pete rson _ csEAU (SEAL) (SEAL) (_ ~~. ~0 )State Revenue (Stamps cancelled on orF~inal note) NOW, THEREFORE, the MORTGAGOR for the purpose of securing paymen- of said sum of S !L a 2~0 • 00 and the performance of tM covenann and agreements hereinafter expressed, and for divers good and valuable considerations, by these presents, doss grant, bargain, Sall, remise, release, convey and confirm unro the MQRTGAGEE, its successors and assigns, ell that certain lot, plea or parcel of land, situate, lying, end being in the County of St. Lucie and Stets of Florida, dewib•d a foltowst T~e)*in at the Southwest corner of the North ~ of the S41-,~~ of the S:,Il of Section 9, Township 35 South, Range 39 East for a Point of Redinning: from the point of beginning, run East 220 feet;~ thence rTln North 220 feet; thence rlln west 220 feet to the ~•7est line of said section; thence ran South 2?_0 feet to the Point of T~e~;inninr?. ;~ ~S ~. /J//''''``~~jj _ ~/ ) ~ ~, ._ 0 ` ~~j ~' ~dX GUiIE;,I+JT, J(. LU~id L :..j, fi.;::,~J together with all and singubr the tenements, hereditemantn end appurtences thereunto belonging or in anywise appertelning thereto, and all renb, issues, proceeds and profits staving and to acuue from said premises, all of which are included in the above and foregoing dewiption and habendum. TO HAVE AND TO HOLD the above described and granted prerttiset unto the said MORTGAGEE, Its successors and sssigna forever. And the sold MORTGAGOR for - *vi'r°v-~•~-- heirs, executor, sdminittrators and auigru, hereby covenants wilfi the said MORTGAGEE, its successor and assigns, that -~h$~-&~-~-- lewivlly seized of the said promises in fss simple; that the sam• are free, ties: and discharged frwn all liens end ar:=um- brances in law or in equity, and that will end t!1e ~r heir sMil warrant and defend t}se title ro tM same to the said MORTGAGEE, its successors and assigns, forever egainsf the lawful claims end demands of all persons; PROVIDED, ALWAYS that if the MORTGAGOR shell pay unto tht MORTGAGEE the promissory note hetalnbefors described and shell truly, promptly end fully perfozrn, discharge, execute, complete, comply with and abide by tech and every the stipulations, egreementn, conditions and covenants of said promissory no!e and of this Mortgage, then this Mortgage and the Esters herby seated shall vase end be null anti void. IT IS UNDERSTOOD that the word "Mortgagor" whether In the singular or plural anywhere in this Mortgage, shall be singular if one only and shall be plural jointly and severally if more than oar, and that the word "their" 'as used anywhere In this Mortgage shall be taken to mean "his," "hers;' or "its," wherever the context so implies or admits. Also, tF.et wherever there is a reference !n the covenants end agreements herein contained to any of the parties hereto, the same shall be construed to mean as well as the heirs, legal representatives, successors end assigns (either voluntary by act of tM parties or involuntary by operation of the law) of the :ame and that the covenants herein contained shall bind and the benefits and advantages inure to the respective heir4 legal representatives, successors end assigns of tM parties hereto. And said if!ortgagors, for thxmselves and the?r heirs, legal representatives, svccesson and assigns, hereby jointly and severally covenant and agree to and with flea said MORTGAGEE, its suuessora and asnigru: 1. To pay all and singulsr the principal end interest and the various and sundry sums of money payable by virtw of said promissory note, and this mortgage, each and every, promptly on the days nspadivaly the tame eevually becorra dw. 2. To pay ail vnd singvtar the texas, asaesaments, levies, Ilabilities, obligations and encumbrances of awry nature and kind now on said described property, or that heteaher easy he imposed, wffered, plead, levied, or esutsed thereon, a that hereafter may k+a levied or assessed upon this Mertg age, or the indebtsdneu secured hereby, each and every, when due and payable, according to law, before thoy beconu delinquent, end before any interest _ttathza or any penalty is incurred; At:O INSOFAR AS ANY THEREOF IS Of RECORD THE SAME SHALL BE PROMPTLY SATISFIED AND DISCHARGED OF RECORD A,FD THE O~2IG1^:AL OFFICIAL DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSED OR CEQTiFIED) SHAH BE PLACED Ili THE BANDS OF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event that any thereof is not paid, satafied and discharged raid MORTGAGEE may at any time pay the same or any part thereof without waiving or affecting any option, lien, equity or ri7ht under or by virtu^ of this mortgage and the full amount of each and every wch payment shall ba immtdiately due and payable and shall bear interest Frorn the date thereof until paid at rite of nine pe. centum per annum and together with such intutu shall be secured 6y the Lien of this mortgage.