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Home My WebLink About1677 26144~ ~ THIS INDENTURE, Mad~ th. 2~~1 day of ~guat . AA. 1973 ~ bdrw~n 8dward M. Peterson and Janie Ruth Peteraon, tiis ~Mrife of St• 1'ltCie Cpynty Florida, Fl~f~iMNM d~si~M~ed as ths "MORTGAGOR," ae~d FIRST fEOERAI SAVINGS AND LOAN ASSOCIA?ION OF fORT PIERCE. ~ corporaYwn ayanised and ~xi~tiny ~ndN tM kws of tM Unit~d Sutp of Amnica and havinp in prtncipal plau of bu~a in tM Ciry oI fort PiKC~. St. luca Cow~ry. Ftorida, hK~ir?~h~r d~upnaad as tM "MORTGAGEE." WHfREAS tM MORTGAGOR is Fustly U~d?W~d to~ih~ MpRTGAGEE in tM sum of i 1 Q~ ~0• ~ .~ood end l~wf~l money of ~he l7nc~ed States advanced by tM MORTGAGEE unto the MORTGAGOR, ai evidenud by ~ cerui~ promissory not~ of evM date he~wvith, oi wh~th ~M followinp ie wwds ~nd f' wa h• trw copY. to-wit: = 10,00~.00 ~ 10020321 rro~, P;..c., flo.;d.. Au9uat 10 ~v..?~_ Fw wlus ~eceived, 1, we or ~ither of us, promisa ~to °y, wi~hout d~f~lcarion, lo the ords~ of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATtON OF FORT PIERCE af Fat Pierce, Fbrids, the sum of sl O~"""~ ~ _ w;~h int~rest from dste ~t the rate of 8~ 7596 per ennum, in moMhly insNlb ~~n a. rot~o„~,:: = 89• ~ on t~~h day of S@At~b@= 19 73 and a like sum on. ths carespondi~g day of each month therr afta umii the whola be fully paid. Esth i~?stallment fint shall bs applied in paymenf of th~ Interest and then on tM unpsid Mlance of tM ~int~p~l wm. If defauh is made in the payrrKnt of any inataliment we~n dus, and such defaulf continues 30 d~ys, then at the opYwn of tM holder, snd without any other notice, ~Ii the r~mainirg installmenb shall bs due and payabk at once. Priviteye is yive~ to prapay this note in wholt o~ in ptrf at eny time with..,ut penalty. Nejthe~ forsb~arapce, nw accsptar+c~ the ialder thereof afrer an defavlt in an 4~45 bY y y paymenh he~con, shall ba deemed extens;on. A late p~ym~M chary~ of S siNll be added lo each instal~ment remainirg unpa;d 7 days afte~ ita due date, ~nd • like sum shall be sdded to each such installment remain~ng vnpaid 7 days after each succeedir?p payment date. Eath maker, surety and eadwser hereof, jointty and severaNy, waives demand, presentmcrtt prote~t and notics of prw.est fw ~onpayment, s~d fvnher agrees to any extensan of time of paymenL either before or after maturlty, without notice to any of us; and to pay all cosb of collMior inc~~niirg a reasaubk attorney's fee in the event o( any default hereunde?, and hereby severally w~ives all bcnefit of hoe~estead and exeesption under rhe ctxqtitution and laws of each State of ths United States, u syainst this obligation or any extension w renewal hereof. Witnesa the hand and seal of esch party. . . ISEAU s ard M. Peter son ~,U s Jan e Ruth Peteraon ~ $15.00 ~ ( ) State Revcnw . (~f~11p{"AIR~11l~ EIR' A'1~~t 1~E1~ . NOW, THEREfORE, the MORTGAGOR fw the purpose of securing p~yment of said sum of =Z 0~ ~ ~nd tM pc?fo?mance of tM coverunb a~d ayrtemenh hereinafrer expressed, and fo~ diven yood and vslwbls considerations, by thes~ presenn, does grant, barpai~, iell, remise. .elease, convey u~d~w+ firm unro the MORTGAGEE, its succeswrs and auigos. all tMt cen~in bt, peu or pucel of Isnd, situatt, lyirg, ~nd bein~ in the ~W~ty ~ ~t~ LLIC~@ ~nd Statt of Plor:da, dewibed as follows: The East ~5 feet of the West ~ of the SB 4 of the NE 1~ of the SW~, ia Section 34, Tawnship 35 South~ Range 40 East, St. Lucie Connty, Florida, L.ESS AND EXCF.PTING the South 325 feet thereof, ~ ~~~~-;~r.~~~ . . . . -t., ~ .r S oR ~ ~RtflA 1 ooze~MfrvtAa~-~ ~ ~ t~~ 1 OErT.O REl?EMI~~ ~ L ir. ~n ~ + ~ • • ~ = , i' . ~ 15. 0 Q j - =1~r0 Z'--~.~_ tN PAYMEt'(T OF TAl(G3 ( WE Wil GJISS 'C INTMl6i81E PE'tS0!tA~ ppppEpj~ PURSlIAtIi TO GIAPIER 7t-134. ACiS Of 19A, i RUBfJi PORRAS .~'h~ f~ ' ~~i ~ 5T. WCIE 00~ RJI~ l/ , i f rogether with aU and singular the tenements, hersditimenri and appurtsnces tF~aeunto belagirg a in snywise apperNinirg therefo, u~d ~II renh, issws, I proceeds ~nd profits uc?uing and to acuue from said premises, all of whid+ sre inelvded in the abov~ and fue9oirg descriptwn ~nd h~bend~xn. ; TO HAVE ANp TO HOID the sbove desvibed and granted premeses unto the said MORTGAGEE, its wccessors and assiyns fw~ver. Md th~ s~id MOR AGOR for their he;n, exec~tors, administwtws a~+d ~uigns, F~ereby covensnts with the said MORTCaAGEE, its succes~ors and assiQ% ; that ~~ey aYS lawfully seized of ti+e aaid premises in fee simple; tMt the seme ~r~ free, clear and d'+scl~srged f~om aU Ikro and ~ncwn. i bronces in Isw w in eqvity, snd thst thev will and their hein shap wsrrint and def~nd tM titk to the sarn~ to tlw ssid MORTGAGEE, its successors and essigns, forever agsinst th~ lawfvl cla'ims ~nd dem~nds of all personst PROVIDED, ALWAYS th~t if the MORTGAGOR sMli pay unto the AhORTGAGEE the promisso?y note l+ereinbefore described and shall nvty, p~omptly and fully perform, dischs~ge, exec~te, compkte, comply with and abide by each ~nd every the stipulatioru, ayreernenb, conditioro uid tover?~nb of said promiisory note and of thia Nlortgaye, then this Morty~ge ~nd the Esate herEby ae~ted sh~ll cea~ a~d be null ~nd wid. IT IS UNDERSTOOD tiwt the word "Nbrtg~gor" whether in the s~ngul~r or plw+l snywhcre in this Mwtga~e, shall M sirgul~r if a~e only and shsll be plu?al jointly ~nd ~ever~lly if mwe than o~e, and that the word "their" as used ~oywhere in tha Mortyage shall be taken to mean "his,'• "hen," i o? °its:' whersver the context w impties w sdmin. Also, that wherever there is a reference in the covenants ud apr~e~nenb herein oontim~d to ~~r of ; the p~rties hereto, the ssme shall be co~strued to mean ss well as the hein, kyal r~present~tmis, successon +nd usig~s (either volu~tary by ~c1 of tM ; Parties w involuntary by ope~ation af the law) of the ~:me and that the cwensnts herein contained shall bi~d a~d th~ benefib and advanta~es inw~ ; ro the reipective hein, ley~l representatira, successws and su~yra of tM parties hereto. ~ And said Mortgagors, fw themselves snd their hein, legal representstives. succesaon ~nd auipru, hereby jointly ~nd severally oovenant and ~prse u ! ro snd witb the said MORTGAGEE, its succeswn and auiyro: f 1. To pay aN and sirgvl~r the prindpal ar?d interett and the variovs ind sundry suma of money p~y~bk by vi?~ue of said proni~stiory note, ~nd this ? mwtgaye, each and every, promptly o~ tM days rapecrively tM same severally become dw. ~ 2. To psy ~II u+d sirg~tar tM uaes. ~ssessments, levies. IiabiliY~es, obl' atans s~d encumbrances of g every nature and kind raw on said desuibed ` D~~~Y, or that ixreaftK may be imPosed, svHered. Pl+ced, levied, a~sfessed thereon, a th~t he~eafter may bs ler;ed o~ ~sua~ed upon this Mortp. ~ age, a the indebtedness secured hereby, each snd every, whe~ d~e and p~ysbk. ~ccordirg to law, befa~ they become d~li~quent, ~nd befon ~~I int~rest ~ attathes w My penalty if incurred; AND INSOFAR AS ANY THEREOF IS Of RKORD THE SAME SHAIL BE PROMPiIY SATISFiEO AIYD DISCH/1RGED OF RFCORD AND THE ORIGlNAI OFfIC1Al OOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RKE~PT OR THE SATISFACTION PAPER OFFICIALIY ENDORSEO OR CERTIFIEO) SHAII 8E PUlCEO IN THE MANDS Of SAID MORTGAGEE WIIHIN TEN DAYS NEXT AFTER PAYMENT; and i~ the event thst ~ny thereof is not paid, sat:sfied end discharged sa:d lNORTGAGEE may at any time p~y tF~e sarne or any part thereof wethwit waivinp ~pr affectirg any option, lien, sqviry or ~~9ht under or by virti;e of this mortgage and the full emount of each and every s~xh payment ~h~ll be immediately due and payabk and shall beu interest i ~•om the date thereoi until paid at nte of ni~e per centum per annum and toyether w~th wch interc~t shali ~ Q red by the lien of th:t morgtaQ~. ~ 800K PAGf 1,6~~ ~~-~R . __ti y ..1 , - ~ _ :