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iHtS IhDENTURE. Made the ~ 5t.~! day of F~bruary „ A.D. 19~., betwesn
_ S. A. B. of St. Iucie County, Znc., a F'lorida Corporation
of Str. 1+11C~H t~~~y Flor~da, hero+nitt~ designafrd aa the "MORTGAGOR." and fIR$T FEUERAI SAViNGS AND IOAN
ASSOCUTION OF FORT p1ERCE, a corpaaf~on wpan~zed and ex~u~ng under tM laws of tM Un~ted Sui~s of Americ~ snd havirp in principal pf~c~ of
b~s~rKU in rh~ Ciry of Fo~f P1aw. S~. luue Coun?Y. Flaida. he.einaffer de~:9nated as ~he "MORIGAGEE...
WHEREAS 1he MORTGAGOR is ~uauy indebted to the MORTGAGFE in the sum of S 251~~•~ , good and lawfu? money of the Unned
5•ates ad.~nted by the M~RTGA~,EE unto the MQRTGAGOR, as ev~drnced by a certa~n prom~sswy note of even date herew~th, oi wh:th the ioilow~ny in
~o~ds and figu~es is a ~rue copy, to-w~t:
s 2~.~-~ N,_3-17,971
Fw~ P~eres. Fta~da. Februaxy ~ 5 19_'
fw vatue ~eceived. 1, we or eiflx, of us, p~o~mse to y, wl~hout defa:ca+~on, io ~he erder of FIRST FEDFRA~ $AVINGS AND IOAN ASSOCIATION OF
=.~RT DIERCf at Fort Pierce, Fionda, the sum of j_2_~L~• ~ w~+h ~nrerest from datc at the rote of 754o pe~ annum, in monthly insfall-
~e~+s as fo;!ows: s 221 on the ~ St day of AFI'i~- 19 __T?__ and a I~ke sum oe~ the cwrespond;ng day of each month there-
e•rer until ihe who!e be f„ily pa~d.
Each <nstaliment f~.st shaif be appl~ed in payment of the ~nterest and then on rhe ~noa~d balance of the p~;nt pai sum. If d au~t is made in the
; a,mero of any insta~~ment when d:x, and such defau!t contin~es 30 days, then at thc op~~on of the ho~de~, and without any o!her notrce, afl the remaining
~~s+atlments shail be d~e and payabie at or~ce. Pnv~tcge u g~ven to prepay this note in whole w in part at any time wi~hout penaity. Neither iwebearante,
nor acceprance by ~he hoider thcr~f affer any defavlt in any pavments Fereon, ahail be deemed exte~s~on. A late p~yment charg~ Of S ~
j•~-'shall be
added to erch inslatimeM rcma~n~ng unpa~d 7 days after its d~e dare, and i I~le s~m ahali be added to each such installment rema~ning unpaid 7 dayt afte~
eath sucteed~ng Ravme~t ~ate.
Each maker, surery and endo~ser hereof, jo~mty and severally, wa~ves demand, p~esentment protest and no~ice of p~otest for nonpaymenl, and further
aarees to any eatens.on of r~n:e of payment, rithe~ before or afrer matunty, without ~ot~ce ~o any of us; and to pay a!I costs of cotl~ction, includ;np •
~ssonabie attorney s fee m~he evem o4 any default here~nder, and hueby sere~ally wsivcs a~l benefit of homestead and exemptio~ under the to~stiht'an
~,d laws of each S+ate of ihe U~~?ed Slares. as aga~nst rhis obfgarlon or any e~rere:~on or re~ewa! hereci.
w~~ness thc Mnd and seal of each pany. S. a. Of St. Id1C~.e CiOLlllti~~ Zt1C,
By: s~ Bruno Peterson, President ~~U
^O~PO~ZATE SEAL AFFIXED
Attest: s Aksel Asarussen, Secretary-Trea~r
( ~3?' ~0 ) State Reve~ue ~U
NOW, THEREFORE, the MORTGAGOR fo. ~he purpose of ucurfng payment of sa~d sum of f 27~~~•~ ~~nd the
performance of tM
covenann and agreementa hereinaftcr expresscd, and fa divers good and valu~ble cons~derations, by these presents, doN yr~nt, bar~ain, sell, ~*m;se,
reiease, convey end conf~rm unto the MORTGAGEE, its succrssors and au~gns, slt that cert~in bt, piece w pucel of land, situai~,: l~uq, ~nd beirg in tM
:ounty of - St. Lucie ~nd State of Fbrida, described as follows:
"'rat gart o~' Lct 9, of IA'DUSTRIAL SUBDIVISIOh, as Ver p1aZ thereof on file in PZet Book 9,
~'a~e oi the Puhlic RBCOrds o_° St. Iucie County, Florida, described as follo~rs, to xit:
3e~i~ at a point on the ;,'est line of said Lot 9, 95.2 feet south of the north~est corner
c_° said Lot 9, for a poit~t of beginning; run Easterly l~98.69 feet to a point on the East
~ i-,e of said Lot 9, ~Y:ich said point is BT.Oc feet south of the northeast corner of safd
'~ct 9; thence turn and run South on the east line i00 feet to a point; thence turn and run
':est 1t93 feet more or less, and paral.~e2 to the fi~rst line mentioned above, to a point on
t~:e ?+~st line o~' saia Lot 9, thence turn and run north along the x~est line of said Lot 9,
a disLance o~' 1J0 ~eet to the point of beginnine.~
e,~ ~~.AU~oF F t_ O R! UA
t~ ~ :~OC Ap" STAMP TAX .
PELE~VED S~~ IN PAYME!iT QF T11YES ~ Z - - d~`" ^ _
-i ~ - fEdtl"It ` r
D::E ~N ,IASS 'C' INiAtIGIBLE Pf ?:a- : R~: Et ~ f ~ ~ U - z ~ 7 ~ Q .
pURSUAN7 TO CF1APiFJt 71-134. ACtS Uf 19)1. ~}'Y _
ROGER POiiWISr i~ierk C;tcuil Gauri St. Luae C0. F1L ~~~MOIU
~ogether w~th aIl and singu{ar the tenements, hereditaments and ~ppurt~nces tF~erevnto belonginy or in anywise tpperqininp ther~to, snd ~U reM~, iuues,
pr«eeds snd prof~n accruir+g a~d to accrue from iald premises, all of which are included in the above ~nd forpanp description and Mbendwn.
' TO HAVE AND TO HOW the above deuribed a~d yranted premisea unto the aaid MpRTGAGEE, itt suuetsort ~nd aui~ro forever. Md /M s~id
MORTGAGOR ior --jt~----- heirs, executa~, admin~strators and assgns, hereby covenants with t}K qid MORTGAGEE, in succet~o~t ~nd auipro, ~
rnat larvfvlly se~zcd of the said prcm~ses in fee simplr, that the same ue fr~e, ckar ~nd diicFwped from all (iern u~d ~ncum-
o.arxes in law w in equity, and that it w;ll and itS heirs shall warr~nt •~d defend ~he +uls ro rM am. ~o rh. aid
MORiGAGEf, its succeuors and ass,gns, foreve? ayairur the I~wful ctaims ~nd demands of all persoru;
PROYIDED, A1WAY5 that if ~he MORIGAGOR shall pay unto the MORTGAGEE the promissory note hereinbefor~ dewibed ar?d ahall truly, promptly
and fully perfam, d~xMrge, e,cecvte, compkte, comply with and •b~de by cach snd eve~y the aipulations, apreements, conditiw~s ~nd covenants of said
prom~ssory note and of this Mwtgye, then this Mo~tgaqe and the Estate hereby ve~ted s4?ill cease and be null and void.
IT IS UNDERSTOOp that the wad "lY4wtyagw" wherhe? i~ the singula. w plu.~l ~nywhe~e in this N6ortysye, shall be sinyulu if one only and
shall be pturd joinfly ~nd severally if mwe than one, snd rhat the wwd "their" ~s used anywhere in this Mpfppe sF?~II b~ taken fo mean ••his•• •,hen:' ;
or "its;' wherever the context w impiies w admits. Also, that wherever the~e is • reference in the coven+nts ind ~pr~errknts 1?erein oontained to any oi ~
the pa~ties hereto, the s+me shall be construed to me+n ~s well ~s the heirs, kflal representatives, successon ~nd aii~rq (either voluntary by ~c1 of tM
partief o~ in~olunr~ry b~ operaiion of ~t~e Isw) of rhe s~me ~nd tha~ rhe covenams herein comained shall bind snd the benefits and ~dvanrpes inw~
,o the respective he'us. Icy~! representa+ira, successon and au~9ns of the p~n~es herero.
And said Nbrtyagors, fo• thcroselves and their heirs, tey~l representatives, successors ~nd asaiqns. FKreby jointly and severally covenant and pree
ro and with the said MORTGAGEE, its successws and auigns:
1. To pay •fl ~nd •in~ular thr prirKipal and interest and the wripvs and su~dry sums of moneY paYabk by virtue of s~id prorttissory note, and thi~
monyaye, exh and erery, prompdy on the drys respectively the same severally becornt due.
2. To pay •11 •nd s~ngula~ tt~e a:es, assessments, levies. Iiabilities. ob~gations and encumb~nce~ of ev~ry nat~re and kind now o~ ~aid dtscribed
p.opcny, w th~t he.eafte. may be imposed, svffereA, Pla~ed, kv~ed, a~uessed thereon, a that hereafu? may be kvied or ~~sessed upw~ this IYbrtp.
sye. or tMt indebtedness tecured hereby, exh and eve~y, when due ~nA payable, accwdiny to law. befwe thcy become delinqutnt, and before ~ny interp~
artachcs a any p~nalty is incurred; ANO INSOFAR AS ANY TMEREOF t5 OF RKORD THE SAME SHAII 8E PROMPTLY SATISFIED AND OISCHARGED OF
P.ECORU AND THE ORIGI13Al OFFIC~AI DOCUMENT (SUCH R5. FOR IIVSiAN~E, THf iAX RfCEIP1 OR THE SATISFACTION PAPER OfFICIAIIY ENDORSFD
OR CERTIFIED) SHAII BE Vll?tED IN THE HANDS OF SA~D MORtGAGEE WtTHIN TEN DAYS NEXT Af1ER PAYMENT; and in thc erent tha~ ~~y thereof is rat
.e~d, sat sfied and dischsrged sa d MORTGAGEE msy ar •ny hme pa~ tF.e s~me w any p~rt +hereo( without wa~viny w affectiny any option, lien, equity p
•~~ht vnder or by virr~ of this mor~gage and thc full ~movnt of e+ch •nd eve~y such payment ~hall be immediatefy dve and p~yabie •nd sh~ll bear interes~
jrom the date therepf until pa~d ar rat~ 01 n~ne p~~ cent~m p~r ann~m •nd toyether wnh s~ch iptetest I~ ~~~red b the ~itn oi th:t moryta9e.
80~K PA6~~~
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