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230'7"73
1HIS INDENIURE, Mad~ ths 1St day of June n.~. 19-72 batween
_ SOp~lUS Petersen and t~llv Petergen~ t~is wife
of St. L.UC1C ~~ounty Ftor~d~, he~einaftx detgnated as ths "MORTGAGOR," ~nd FIRST FEDERAI SAVINGS AND IOAN
ASSOCIATION OF FORT PIERCE, a corporation or~~~ized and ex~~tirg unde~ ~M laws of tM Uo~ted Sta~~s of Americ~ and haviny ifs principat pl~te of
buun~ss in tM City of Fon PiHCS, St. lucia County, Florida, herein~her desqnated ~s tM "INORTGAGEE:'
WHEREAS tM MORTGAGOR is juuly indebted to ths MORTGAGEE in the sum of j 3O ~ , good ~nd lawful money of the U~:ted
S~ates adva,Ked by the MdRiGAGEE unto ths MORTGAGOR, •s evide~ced by ~ certain piomiuory note of eve~ date hcrewith, of wh~ch the followinp in
w«ds and figwes is a trw copy, to-wit:
= 30L000.00 3-18,413
Fort Pis?ce. F~o.td,. June 1 L tv72 }
Fa value received, i, we or eithe~ of us, p~om~se ro pay, wirhout defalcat;on, to the ader of FIRST FEDERAI SAVINGS AND IOAN ASSOCIATION Of
fORT PtERCE at Fo~t Pierce, fbrida, the s~m of s 3O ~ w;th interest irom dste at the rate of 7• 5°1, pe~ annum, i~ moMhly in~tall.
menrs a~ follows: t 242, ~O ZSL ~y o{ Oetober , ~q 72 and a like ium oe ~hs correspon~l~nq day of each month therr ~
after u~til the whole be fully paid.
Each ~nstallment firat shall be applied in payment of Ihe interest snd then on the unpaid balance of the prinupa! sum. If d aulf is made in the
Nayment of any instalfinent when due, and such defau:t continues 30 days, then at the opti~ of ths hotder, ~nd wilhoul any other notice, all the remain~ng
~ns~allments shail be due and•payable at ooce. Privitege is given to prepay this note in whole w in p~rt at any time without penatty. Neithet fwebearance,
nor acccpta~ce by the holder thercof after any default in any payment~ hercon, sMll be deemed extension. A late psyment charge of s 12__,10 shall bs
added to each initallment remainirg unpi~d 7 days aftes ifs due date, and a like sum shall be added to each such installment remaining unpaid 7 dsys after
each sutceeding psyment date.
Each mske~, surety and endorscr ixreof, jointly and severally, waives demand, presentment protest and notice of protest (w rwnpayment, and furtFKr
ag.ees ro any extensan of time of payment, eiti+er before o~ after matu?iry, w;thout not~ce to any of us; and to pay all costs of collenion, including ~
reasonable attorney's fee in the event of any default hercu~der, and heroby severally waives all benefit of homestead and eaemption under the constitvtio~
a~,d laws of each State of the United States, as against ~his obtig~tion a any extensan w renewal hereof.
Witneas the ha~d and xal of each party.
s/ Sophus Petersen ~U
i (SEAU
s/ Elly Petersen
cs~w
~ S4S.00 ~ State Revenue
txanpe saeauud ~es ~ynatma)
NOW, THEREFORE, the MORTGAGOR fw the purpose of securing payment of sa'~d wm of S-30~0~•OO _ tF~e performsnce of ths
coven~nt~ and ~gretments hereinafter expressed, and fw divers 9ood ~nd valu~bte considerations, by tht~e presents, doet g~ant, baryain, selt, remix,
release, convey and confirm unto the MORTGAGEE, iti succeuors and ~ssigns, all that certain IW, piece a pucel of (~nd, situate, lyirg, ~nd beirg in fh~
County of St •~Cle ~nd State of Florida, dewibed follows:
The South 30 feet of Lot 12 and all of Lot 13, Block 13,
SILVER LAiCB PARK ADDITION, as per plat thereof on file
in Plat Book 10~ page 8, Public ReCOrds of St. Lucie
.
County, Florida,~/
S iATt ~F FLOF-2tUA - ~-LORIUa
c~ DOCU~~iE~ITA~~
; STIai~IP Tt?X :Tp~~ STAi~IP TA_X .
~ 1-- _ -,y~...:,,~~__---=
~ - JUIi-5'72 ( '~,r - a=' 4 -
F- ~ - ps 4 5 4= s~, 4 0 5 0= r~„~ r~ IN PAYl41fNT OF TAXQ
N DE~T.OF CIJ[titii - ' ~ - D: OR CtASS 'C' INiANGI6tE PERSOYAI P~
0-'EK~T,
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PB,l90t~i PJR;u;t,yT TO CtiAPT~R 71-134, ACIS OF 19~1.
' fc0l'rER POITRAS ~jrr~:
~ CLERK CIRCUIT COURT, ST. LUC~E C0~ F1A
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` foge~her w~th ~II ~nd singul~r the teneme~ts. F?ered~t~ments and ~ppurances thereunto bel«ginp a+n snywise ~pperta;ning tF~sreto. ~nd ~II rems, issues, ~
F Proceeds ~nd profib xuuing and to ~cvue from said premises, all of which a~e includad in the abov~ and fweqanp dycripiion ~nd habsndum.
E TO HAVE AND TO HOI~ the ~bove described and ~aoted prem~ses umo tF?~ said MORTGAGEE, ib succeuon and assipm forevK. And tM said ~
~ their
; MORTGAGOR for hein, executon, sdminiitraton snd su~yro, henby covenann with tF~e wid MORTGAGEE, its wccsuws aod ~uipm,
s ihat Lhe-]~-a=g-- lawfully ieized of the said prsmis~s in fee timple; tMt tM ume +r~ fr~, ctear ~nd disclwryed from atl li~ns ~nd encvm-
' brarxes in law or in equity, and that t he v n,;ll and t he ~r hein iFull wsrrant ~nd defend tM titl~ b tl+e sar?» to fht s~id
` MORTGAGEE, its iucceuors ~nd ~uigns, fwever agairut tht I+wful cl~ims ~nd demand~ of ~II penoro;
t
PROVtDED, AlWAYS rhst if the MORTGAGOR shall pay unto the AhORTGACsEE the promiisory not~ her~inbefor~ described and sh~ll truly, promptly
and fully perform, d~schar9e, exaute, compkte, comply with and abide by exh ~od every the ~tiputatiwn, ayreemenb, tonditions +nd coven+nn of said
promissory note and of tha Mortgspe, then thi~ Mortyage and the Esate her~by cr~afed ahall ceas~ and br null and void. ;
IT IS UtVDER5TO0p that the word "Mwtgagor" whethe~ in the singular or ptwal anywhere in this Mwt9pe, sMll b~ unyular if on~ only ~nd
ihall be plural jointly snd sever~lly if mw~ tMn one. ~nd that th~ wwd "their" as ~ned anywhert in tha Matp~pt sh~ll bt taken to mean "his:' "htrs:' ~
or ^its;' wherever tFie coottxt w impliss w sdmits. Abo, 1h~t wherever there is . rsferenc• +n ~he covenann ind apreemenn h.rein con~ained a•ny of
rhe p~.ties hereto, the same ihall be construed to mean as well ~s fhe heirs, (eq~l r~presentativet, wcctssas and assiyro (eitMr voluMary by atf of th~
; parties or invdvntary by operation of the law) of the iame u+d that the covena~ti herein conuined shalt bind ~nd the benefib and advantapei Jnvre
i +o the respective heirs, lefl~l represenratives, svcceuors and iu~yns of the puiies hereto.
' Md said Mwtgayon, fw themselves and their hein, le9sl rcpresentative~, succeuws ~nd aui9ru, her~by jointly and severally covena~t and ayree
; ro and with ths said MORTGAGEE, its s~rccessors and suigm:
1. to pay ~11 and sinpvlar ths principal ~nd i~terest and the variovs snd ivndry tums of moneY paYable by virtue of said promiuory nots, and this
mort9pe, each ar+J every, promptty on the days rapectively the ~me s~verally becorn~ dw.
3 2. To pay all and sinputar the t~xe~. ~ssessments, levies. lisbilities, oblip~tioeu and encumbrancet of wery natur~ ~~d ki~d now on said d~scribed
; property, or that hereafter m~y b~ impoted, wffered. Placed, kvied. or ~sssued thereon, or that her~aher m~y b~ levied a autased vpo~ this Morty- ~
~ age, a ti» iixlebtedoeu ucured hereby, each and every, when due and p~y~ble, accordiny to I~w, befor~ they become delinquem, ~nd b~for~ ~ny intN~s~ _
attaches or any penalty is incurred; AND INSOFAR AS ANY THEREOf IS OF RKORD THE SAME SHAII 8E PROMPTLY SATISFIED AND DI$CHARGED OF
_ RECORD AN~ TME ORIGINAI OFfICIAI DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR iHf SATISFACTION PADER OFfIC1At1Y ENDORSED ~
QR CERi1FIED) SHALL 8E ~IACED IN TNE HANDS OF SA~D MORTGAGEE WITMIN TEN OAYS NEXT AF1ER PAYMENT; snd in the event that ~~y thereof is rat :
paid, sst'sfied and discharged sa:d MORTGAGEE may at any time p~y tlx same or any p~A thereof without w~ivinq a affectiny ~ny option, tie~, pciity or ?
~~qht under w by vinue ot Ihis moi~gage and rhe fuN amoun? of each and every s~cb payment shall be immediately due snd payabl~ and shall bear interest
} srpm the date the~eof until paid at rate of n~~e per centum per annum and togeth~ ~thry~ rerest sh~ll be setured by the lien o( th:s mor~ta~t.
3 6GGK~V~ WGE 1
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