HomeMy WebLinkAbout1918 2363~6 ~
THIS INOENTURE. Made the 3rd ay of 'J~y A.O. 19
~2 , between
Sophus Peterse~and Elly Pet~rsen~ his wife
_ • Jr .
of t~ 17C1e County Florida, hereinafter dts~gnatcd ai .the "MORTGAGOR," and FIRST ffOEQAI SAVINGS AND tOAN
ASSOCIATION OF FORT PIERCE, ? corporat~on organized a~d ex~sting unde~ the iaws of ths tln~red Statts oF America and havinp its principal pl~ce of
businets in tF~s City of Fat Pierce, St. lucie County, Flwida, hereinafter designated at the "MORTGAGEE:'
WHEREAS the MORTGAGOR is justly indeb~ed ta the MORTGAGEE in the sum of = 38~~ODaQO good and lawful money of the Un~ted
Srares advanced by the MORTGAGEE un~o the MORIGAGOR, as evidenced by a certa~n p~omissory nore of even date herew~th, of wh~ch the IollowinQ in
words and fi urcs is a true copy, to-wiC
S 38~00~.00 ~ 3-18~531
. - Fat Pierte, Flwida, July 3~ 19 72
Fw value received, 1, we or either of us, prom~se to pay, without defalcation, to ~he ordrr of FIRST FEDERAI SAV~NGS ANO LOAN ASSOCIATION OF
FORT PIERCE at fort Pierce, Florida, the sum of S 38! w;th inrerest from date at the rate of 8•~ °,o per annum, in mo~dhly ins~all-
„en~s as fo~!ows: S 412 ~~0 on the lSt day of S@pt6mb@Y ~9 72 and a like sum on the correspond~ng day of each month fhere-
after until the whole be (ully paid.
fath insfnllment first shatl be appl~ed in payment of ~he interest and then on the unpaid balance of the prinupal sum. If d ault is made in the
~ a~ment of any installment when due, and such defauh continues 30 days, then at the opt~o~ of tne holde~, and without any other notice, all fhe remaining
:nstaffinents shatt be due and payabie at onte. Pr+vilege is given to prepay this oote in whole or in part at any time without penalty. Neither foreb~annce,
nor acceptance by rhe hotder thereof affer any defautt in any payments hereon, shal{ be deemed extension. A late payment charge of : 3~~60 shalt be
~d9ed to each ins+alimeN remaining ~npa+d 7 days aftu its due date, and a like sum shal! be added to each such installment rema:ning vnpaid 7 days after
each succeeding payment date.
Each maker, surety and endorser hereof, jointly and severally, waives demand, presentment protest and notice of protesl for nonpaymeM, and further
agrees to any extensio~ of ti~ne of payment, either before or afle~ maturity, without notice to any of us; and to pay all costs o( collection, including •
reasonable attorney's fee en the event of any defauit he?eunder, and hereby severally waives a!I bertefit of homestead and exemption u~det the constitutan
.~:~d laws of each State of the United States, as against ihis obligation p any extension or renewal hereof.
W~tness the hand and seal of each pa~ty.
S/Sophus Petersen, Jr. ~A~y
, (se~?t1
S/Elly Petersen. ~1~
(s~?U
( $57'~ ~ State Reven~e
NOW, THEREFORE, the MORTGAGOR fw tFx purpose of securing payment of said sum o1 S 38 . and the performance of ths
covenants and agreements F+ereina(ter expressed, and fw d~vers gaod and vsluable considerations, by these presents, dxs g~ant, bargain, sell, rem~se,
release, convey and conf~rm unto the MORTGACrEE, it~ successors and assigns, a~l that certain lot, piece w parcel of land, iituate, ly:ng, and being in the
County of $t . Lue ie and State of flaida, described ~s follows:
That part of Lot 9, of INDU5TRIAL SUBDIVISION,as per plat thereof on .
file in Plat Book9 , at page S, of the public records of St. Lucie County, `
Florida, described as follows, to-wit: _
Begin at a point on the West line of said Lot 9, 20.2 feet South
of the Northwest corner of said Lot 9, for a point of beginning;
rua Easterly 498.69 feet to a po.itit on the East line of said Lot
9, which said point is 12.05 feet South of the Northeast corner of
said Lot 9; thence turn and run South on said East line 75 feet to
a point; thence turn and run West 498 feet aorqbr less, and parallel
to the f irst line mentioned above, to a point on the West line of
said Lot 9, thence turn and run North along .the West line~bf said Lot
9, a distance of 75 feet ~ the point of beginning.
STATE oF
v~ DOCUMENTA p~ g O~ L7 A p~7'IED ~.~G ~ IN ~AlMEtR Of TAXE~
~ Z _ = a.~" - - =
~ = At~t97t = ~ OH G.ASS 'C NITAN61dlE ?E:~ ?~wn,.
~ ~ = n~suwr Ta a+~R na~ ~crs oF i9~i.
° ~ . =5700=
N u~~r. o~ eerfeac = ROGdt r011RI1S ~
P.B.~9.~~: . _
- , QE1iK Q{NCUIT OOURT, ST. WCIE OD. Ft~
together with a!! and singular the tenemenfs, hereditaments snd appurtances thereunto betonging w in anywise sppertaini~g thereto, +nd ~II r~nfs, iuues,
proceeds snd profits accruing snd to accrue from said premises, all of which are included in the above and fore~oin9 dewiption and halxndum,
, TO HAVE AND TO HOID the sbove described and granted premises unto the taid MQRTGAGEE, its succeswn and sssigns forever. And tFK said
MORTGAGOR for their____ cxecutas, admirsistrators and assigns, Ixreby covenants with the said MOR?GAGEE, iri suctesson ~nd ~sip~u,
the are Iawfufly u~:ed of ttx said prem~ses io fee sim !e; that the same are f~ee, dear ~nd dischar
rhat - --Y----- p ged from all liem ~nd encvrtf
brances in taw or in equity, and that they w~~~ a~ their heirs shal~ warrant and defe~ the titk to ths sam~ to tM ~aid
MORTGAGEE, its successors and assigns, forever sgainst the lawfvl tlaims and demandi of all persons;
PROVIDED, AlWAYS that if the MORTGAGOR shall p~y unto the MORTGAGEE the promisswy rate hereinbefore dexribed and shall huly, promptly -
and fully perform, discharge, execute, complete, comply with and abide by each and every the stipulationa, agreements, conditions and covenanri of s~id
promissory-note and of this Mortgage, ther. this Mortgage and the Estate hereby ueated shall te+se and be null a~d void.
IT IS UNDERSTOOD that the word "Mortgaga" whether in the singular w plursl anywhere in this Mortga~e, shall be sing~lar if one only and
shsll be plural jointly a~d xverally if more thsn one, and that the wwd "their" ss used anywhere in this Mortyage shall be fsken to mean "his;' "hen,"
or "its;' wherever tF~e context so implies w admits. Also, thst wherever there is s reference in the coven~nts ~ed agreements Fxrein cont~ined to ~ny of
fhe parties hereto, the ssme shall be construed to mean as well ss the hei~s, legsl repreuntatives, svccessors and a~sigra (either votuntary by act of the
parties w involuntary by operation of fhe law? of the aame and that the covenants herein contai~d shall bind and the benefits and sdv~ntsyes inure
ro the respective heirs, legal repreuntatives, ~uccessors and au'gns of the parties F~ereto.
And said Mortgagors, fo. themselves and their heirs, legal representatives, s~ccessors and assigns, hereby jointly and severally tove~anf and ayree _
to and with the wid MORTGAGEE, its successors and assigns:
t. To psy alt snd singvfar the principal and inte?est snd the various and sundry sums of mo~ey pay~ble by virtue of said promiswry r.ote, and this
mortgage, euh snd every, promptly on the days respectively the same severally become due.
2. To pay all and singular the faxes, assessments, levies, lisbilities, obligations ar?d encumbr~nces of evcry nature ~nd kind now o~ said desaibed
property, w that Fxreafter m~y be imposed, suffered, pl~ced, levied, or assessed ti~e~eon, p that Ixreafte? may be levied w aiuued upon this MortQ-
age, a the irxkbted~eu secured hereby, exh and every, when due and paysble, accwdirg ro Isw, before they bccome delinquent, ~nd befwe ~ny iMere~t
arrzches w any penalty is incurred; ANU INSOfAR AS ANY THERFOF IS OF RKORO TME SAME SHAtt 8f PRQMPiIY SATISf1ED AND DlSCHARGE~ OF
RECORO AN~ TNE ORIGIVAL OFf1C1Al pOCUMFNi (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OFFICIAILY ENDORSED
OR CERiIF1ED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WItHIN TEN OAYS NEXT AFTER PAYMENT; and in the event that any tF~errof is not
ea~d, saYsfied and discharged sa d MOR7GAGEE may at any time pay the same o~ any part thereof witho~t waiving or affecting sny option, lien, equity p
•~qht under w by virtue of this mortgage and the full amount of eath and every such payment shall be immediately due and payable and thall bear inte~est
j.om the date thertof until paid at rate of nlne per cemum pcr annum and together w~th such interest shsll be secured b t n of' fh:; n~orgta~e.
~~K 2t15 i~~~
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