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Home My WebLink About2793 ~ ~ ' ~ ~ ~c'3~t~316 ~ THIS INOENTURE, Msd~ the 4th day of Au9USt . A.D. 19 7'2 belween Sophus Petersen, Jr. and Elly Petersen~ his wife of St . t'UC S County Fbrida, Mreinaftet de~ignared as tf~e "MORTGAGOR," and FIRST FfOERAI SAVINGS AND IOAN ASSOCiAT10N OF FORi ~IERCf, a corporation orpanlsed and exii~iny under ~F?~ taws of ths United Stata of America ~nd Mvinp its principal pl+cs of buiinsss in tM Ciry of Fort Piercs. S~. l~cie County, Florids, hereinaha de~ipnated ~s tM "N10RTGAGEE:' WHEREAS the MORTGAGOR is justly indebted to ~he MORTGAGEE i~ the sum of = 7~ , good a~d lewfvl money of the Un;tcd ~ t State~ adva~ced by ths MORTGAGEf vnto the MORiGAGOR, as evidenced by a certain p?omisso~y note of even date herewith, of which tM followi~p in words and figures is a true copy, to-wit: s 7~000.00 ~3-18,637 # Fwt Pierc•, ftaida. Au9ust 4. ~q 72 S Pw value received, 1, we or either of us, promix to pay, without defalcation, to the~rde~ of fIRSi FEDERAL SAVINGS AND IOAN ASSl~C1AT10N Of FORT PIERCE at Fwf Pieres, Flwida, ihe svm of f 7•~~ with interest i?om dats a~ tF+e rate of 7_t 75% per ann~m, in monthly instslb ments as fol!ows: S 66.~ ~ 1gt ~y of _ OCtObQI , ~972 and a liks sum on the cwresFx~nd~ny dsy of exh month there- afte~ until the whole be fully paid. Each installment tirst shall be applied in payment of the interest and fhen on the unpaid balance of the princ~pal swn. tf d ault is made in the ~ payme~t of any imtallment when due, and suth defa~lt conti~ues 30 day~f, then at the option of the holder, and without a~y other no~ice, all the remaining ;nstallments shall be due and payable at o~ce. Privilege is given to prepay this note in whole or in part at any time without penalty. Neithet forebearance. ~ nor acceptance by the hoider the+eof after any deiault in any payments hereon, shall be c+eemed extension. A late payment charqe of = 3• 30 shatl be ;j added to each installment ~emaining ~npaid 7 days aiter in due date, and a like sum ahall be added to each such instaliment remaining unpaid 7 days after f each succeedinq payment date. ' t Each maker, surety and endwser hereof, jeinNy and severally, walves demand, presentment protes~ and notice of protest fw nonpayment, and tuhher agrees to any extertsion of time of paymen?, either beEore w after maturity, without notice to any of us; and to pay all costs of collection, includ~ng a reasonable attorney's fee in the eve~t of a~y default hereunder, and hereby severally waives all benefit of homestead and exemption under the constitution and laws of each S1ate of the United States, as against this obligation w ~ny exte~sion w renewal hereof. Witneu the hand and seal of each party_ ' S/Sophus Petersen, Jr. ~AU ~?u S/Blly Petersen ~U ( ~ 10 • ~ ~ Stste Reven~e ~u ` ( ' f NOW, THFREFORf, the MORTGAGOR fw fhe purpose of sccurirg paymmt of ssid sum of s 7~~0' ~ , artd the performance of tM covenants snd agreemenri hereinafter expressed, and fw div~rs 9ood and valuable considerations, by these presents, does grant, bargain, setl, remise, release, convey and confirm unto the MORTGAGEE, its successon and assigns, al! that ce?tain lot, piece or psrccl of iand, situate, lying, and being in the ; County of - St. L+11C1@ , and State of Florida, dexribed ~s follows: ~ a All of Lot 11 and Lot 12 less the South 30 feet, Block 13, ; SILVER LAKB PART ADDITION, as per plat thereof on file in PZat Baok 10, page 8, .of the Public Records of St. Lucie County, Florida.~ tt~ . Qp~?E,~'l oF F 1,.0 R 1 OA ~ o~ ~~Q~~;:~~- ,y~~- ~ S7AT E R~ gTAM~. " ~~~~e`~,~~' ~~ts E~'' p . D~IENTa' +¦'o?.•"'~'--_ .G ~N~~c_ 1~~~~~~\~. ~J, 1~ ~ ~ ~e ~ o _ : ! 0503 ~.~N`~~°~ ~~,~~~S`~ ~ ~cH ~ ~ r'~ ; P.B.~~~~~t ~ ~ i ? . ~ togetF+er w~tl~ all ~nd singular the tenemenn, heredit~ments snd spp~rrtances thercunto belagirg or in anywise ~ppertainin9 therero, and ~II r~nts, iuues, prxeedt and profits acuuing and to accnx irom s~id premises, aN of whid~ a~a included in the sbov~ +nd fwegoirg dexriptan ~nd h~btndum. TO HAVE AND TO HOjD rhe ~bove described and granfed premises unto the said MORTGAGEE, its succeuors and assiyns forever. Md tl» uid their MORiGAGOR for heirs, executori, administrston and asigns, he?eby covens~ri with the s~id MORTGAGEE, in waesson and ~ssi~m, rhst th~ are ~~+Wf~ny x~:~d of the said premises in fee simple; that the sarn~ ue fres, clear ~nd dixharged from ~II 1'~ens and encum- brances in law or in equity, snd thst thev will and their Ixin shall warrant ~nd defend the titk to the same to tM said MORTGAGEE, its succeuors and auigns, forever s~ainst the lawful clairtq and demands of att perspu; PROVIDED, AIWAYS that if the MORTGAGOR sMll pay uMO the MORTGAGEF the promissory note F~ereinbefwe described and sh~ll truly, promptfy and fully perform, dixMrge, execute, complete, comply with and ~bide by exh and every the stipulatiwn, ~yreeme~n, co~ditiwa snd caveoants of taid prom~uory note and oi this Mortgape, then thn Matga9e and the Est~te hereby ueated sh~ll ceas~ and be n~H :nd wid. IT 15 UNOERSTOOD tMt the word "Mortgagor" whether io the singvt~r or plunl anywhere in tF?is Mwtgape, shall bs sirrpular if one only ~~d shal! be plwal jointly ind severafly if more than w?e, and that the word "their" as used snywhere i~ this Mwtpsye shall be taken to mtan "his;' "hers;' or "in;' wherever the context so implies a admits. Also, that wherever there is a refetence in the covenann and a9reements herein contained to ~ny oF the panies herelo, the ~me shall be consnued to mean as well as fhe hein. IeQsl rspresentstives, succe:wn and auiyns (~ither voluntary by ~ct of the partiea w invdumary by operatwn of the law) of the same ~nd that the covenants herei~ cont~ined shall bind and the benefit~ and ~dv~ntapq inurt ro the respective hein, ley~l representatives, successors and au~ym of the parties hereto. And said Mortgsgors, fo. themxlva and their hein, legal representatives, sutceuors and assipns, hereby jointly and severally cove~+nt ~nd apree ~o snd with the said MORTGAGEE, ib successors and auigra: 1. To pay all and sinpular the principal and imereit and the wrious and sv~y sums of ~wney payable by virtut of said promiisory note, and tfiis morty~e. e~ch and every, promptly on the d~ys respectivety the same severally become dve. 2. To p~y sll and sirgular the tsxa, aisessments, lev;es, liabilitie~, obtigations ~nd ~ncvmbrarxes of every n+twe ~nd kind rww o~ said dascribed property, a that hereafter may be imposed, wffereA. pixed, levied. w ~ssessed thereon, a that hereafter msy b~ levied w ~sses~ed vpon this Morp- . +ge, w the indebtedneu :eevred hereby, each and every, when due and pay~ble, ~ccwdirg ro law, befort they becan~ delirquent, and befort u~y lntetesl attaches a~ny penalty is incu~~ed; AND INSOFAR AS ANY THEREOf IS OF RKORO THE SAME SHAIt 6E PROMPTIY SAT15f1ED AND DISCHARGED OF RECORD ANO THE ORIGINAL OFfIC1Al OOCUMENT (SUCM AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFALTION PAPER OfFIC1AllY ENOORSEO OR CERTIfIED) SHALL BE PtACEO IN THE HANDS OF SAIp MORTOqGEf WItHIN TEN DAYS NEXT AFiER PAYMENT; a~d in the evcnt thst any tF~ereof is not paid, saYSfied snd distharged sa:d MORTGAGEE may at a~y time pay Ihe same w any part thereof witFw~t waivir?y w affectiny ~ny option, lien, equity or •~qht unde~ w by virtue of this mortgage a~d the full amount of each and evnq such payment sh~ll be immediately duc and payable and ihall beas interes~ ~~om the date ~hereof until paid at rste of nine per centum per annum and toyether t s t est ahsll be sec~red by the lien of th:s moryta9e. a o~~~ ~~z7~ e~ ~ ~ v~. ~ _ ~ Y " - - .~n ~ '-c .