The URL can be used to link to this page

Home My WebLink About1798 2,Rf;s~3~; THl INDENi R ths 1'0 y o{ `Jul' A.D. 19 • Y- betwee^ G. ~usse~~'~etersen an~ `~usan etersen, s wi~e ~ of St . Lueie ~p~~~y F{or;da, he~einafte~ deignaterl as the "MORTGAGOR;' ~~d FIRST fEDERAI SAVINGS AND LOAN ASSOCtAT10N Of fORT PIERCE. ~ corpor+tion or9a^~ied +nd ex~sei:~g under the laws of tM Un~tsd S~a~~s of M~erlu snd Mrinp its princtpal place o( busirau (n tM City of Fort Pierc~, St. Luci~ Covny. Florida, herein+ftN dai~ynued as rFa "MORiGAGEE:' WHEREAS tM MORTGAGOR is justly indsbted ro tlw MORTGAGEE in the surn of S 29-a700• ~0 , 90~ ~^d lawful money of thc U~~ted Statcs advanccd by tM MORTGAGEE unro ~he MORTGAGOR, as evid~nced by a certa~n promiuwy note of even date herew~th, of wh;c.`. the toliow~~~p in words aod f ur s is a t~w eopY. +owa: ~1eL000068 s29,70~.~0 Fort Pierc~. Florida. July IO , ,9~ For value received, 1, we or either of us, p~wn;se to ~'j w thout defalca~ian, to ~he order of FIRST FEDfRAI ASAVINGS ANO LOAN ASSOCIATION OF FORT PIERCE at Fat Pierce, Flo~ida, the sum of S_29 ~ 7"~' ~O w~th interest (rom date at the rate ofZ~L~l9e pe~ annum, ~n monfhly ins!a~l- ~~enrs as Iollows: S 282 • 0~ on the ~ day of ~l~ ~a ~Q~ a~ + like sum on the correspond~ng day of each mo~th there- af~er until the whole be (ully paid. Each inseallment first shall be appl~ed in payme~t of the in?erest and then on the ~npa~d balance of the p~~nc~pa~ svm. (f de(sult is made in 1he ~ ra fineM of any ins~al~ment when dve. and such default tontioues 30 days, then at the option of the holder. and without .~ny othec n~~~ce. z+l the remain~ng „~s!allme:+ts shall be due and payable at once. Priv~lege is given to prep+Y this note in wFalr or i~ part at ~ny time without pena~ly. Neiti~ t lo ar~nce, nor acceptance by the ho:dar thereof aftrr any default in any paymcnts hereon, shall be deeme.~ extension. A late payment charge of 5---. sh+~~ be Y added to each installmen• remain~rg unpa~d 7 days after its due date, and s Gke sum shall be added to each such ]nsuf~ment rr.n+i~ing unpaid 7 days after exh svcceediny paYme~l d+ta Eath maker, su.ery a~d endwsw hereof, jolntly and severally, wa~ves demand, presentmen: ~rotest arsd rr~sice of p.otesl iw ran~rm:nt, and turther jg~ecs to any extens~ of t~me of paymcnt, either before or after matur~ty, wiihout ~otKe to an/ of us; and ~o pay all costs of collection, includ:ng + reasonabk attorney's fee in the event of any defau~t hereundar, and hereby seYerally waives all benefit of homestead and exemplion undrr the constitWan ;nd laws of each State of Ihe United States, as against this obligation or any eatension or renewal Fx~eof. Witness the hand and xal of each'party. (SEAI) s/G Russell Petersen ~s~Au (SEAt) s usan e ersen ~ ~ 44 . 5 S ~ s~a~~ a~„N,~ ~ ~ _ cs,,,,,~ ~+?~a-~,-~:~.~k~ ~ 29 . 700 . ~0 ~nd the rfwmance of the NOW, THEREFORE, the MORTGAGOR fa the purpou of securirg payment of ss~d sum of S P~ ~ cove.~+ants snd agreements here~naiter expressed, and fw divers good and valu~bte cons+deranons, by these presents, does qrsm, bargain, sell, rem~u, release, convey and confi~m unto the MORTGAGEE, its svccessors a~d assigns, atl that ce~tain 101, piece or pucel of land, situate, lying, and being in 1he ' $t. Lueie and State oi Florida, dewibsd as fdlows: i County of _ ' s Lots 9 and 10, Block 5, LAKEWOOD PARK UNIT N0. 1, as per plat ~ thereof on file in Plat Book 10, Page 51, of the Public Records of St. Lucie County, Flerida - ~ ~TAT~ R ~ F s ~Rr~~~? i ra~ct~r?,~rs ;1.~~;~.;i ~ c Z~: t~;_ (~i ?2EYL.'~Ut .i~"= t S ' - ~ 0 5 1 ~ P~r~~xr aF t~ x.- ~ _ i "n cv ~B. r J~t ~~'7+ t~~~~~~ O• Dl~ ON CLASS'C lNT1111GIBLE .°Ek9ONAL PROP~~t ~ - __~%l-------- i PURSUM(i TO CN.1^~'' -t-z :-t. ACTS OF 1972~~ ? ( " f~~ ' ?~)I?~A~: . . . _ . . . . . . . ~ CLER1( CIRCUIT CO~ini, SL LitGtf CO.. FU_ ~ FL:JF?ID~, t STATE Y .-~;`ST~~~n~ -c~> ~ "O ppCJi~tEN : t+R - ~ ~ i)Eri...i kEVE.'iJ4..`-;-'l~ ;Y;.~~ 0 Y r t0 ' - ~ ^ 4 ~ ~ ~c _ - :;~til'T41`-_~?•,~•i; I c~ P8- ~ - _ ~ ~ o vogether with atI and singulsr the tenr.nents, heredit~ments and sppurtances thereunto belonging w in snywise sppe?fai^n+9 thereto, and all rems, issues, _ proceeds snd proRts xuuing and to accrue from said premius, all of whrch are included in H+e +bove snd fwegoing dexription and ~r6endum- TO FU~VE ANp TQ HOtD ttie above desuibed and granted premises unto tl~e said MORTGAGEE, ib successors and usigns fwever. Md the~aid :'.ORT AGOR for thelr-___ ~;,s, executws, admin~strators and aasigns, hereby cove~ants with the said MORTGAGEE, its wccessws snd ass~g~s. t~ie are 2 mat --Y lawfully u~zed of the sa~d pren+ises in {ee s7mplr, that the same ue free. ckar ~nd diuharged from s!I lieos ~nd encum- ; - b~ances in law o~ in equity, and thatth~y~ will and their heirs shalt wurant and defend the titk to the same to the ssid h1pRTGAGEE, its successors and assigns, fwever agaenst the lawiul cisims snd demsnds of al) persons; ~ PROVIDED, ALWAYS t!*.~' if the 1NORTGAGOR sMll psy u~to the MORTGAGEE the promisswy /w/e hcreinbefore described and shsll trvly, promptlY ~ and fully perform, discharge, execute, complete, comply wifh and abide by each and every the stipulstions, sgreements, conditions and tovensMS of said crom~ssory note and of tF.is Nbrtgage, then this Mwtgsge artd the Estate hereby veated sh~lt cesse an.: be nvll and void. ~ r' IT IS UNDERSTOOD that the word "Mortgsgor" whethtr i.~ the s~~gular or plunl anyvvhere in this Mortgsge, shall be singular if one onty and ~ shall be plursl jointly and xve~ally if more than one, and that the word "their" as used +nywhere in this Mwtgage shall be takcn to mesn "his:' '"hen;' ~~1 ~ or "its;' wherever the context w implies d adm:ts. Al~o, that wherevd thc~e is a reference in the covenants and agreements herein cofrained to any of ~ ~ rhe pa+ties hereto, the same shall be construed to mean as wrlt ss the he~rs, legal representatives, sutcessws and sugns (eithe? voluntsry by att of the parties or involuntery by operation of the law) of the same and that the covenants herein contained shall bmd and the benefits and ~dvantages inure to the respective heirs, (egal representatives, successors and ass'gin of the parties hereto. And said N~o?tgagors. fw themseires a~ci ti~~r ~::s. :~a: :¢;.:c~r.t_!E~_s, s•Yt•ss^r~ a~ +1sgns, hereby jointly and seve~ally covenant snd sgree fo and w~th the said MORiGAGEE, its successors and suigns: 1. To pay all and singulsr tFx princ:psl and interest ~nd the var~ous and sundry wms of moneY p+Yable by virtue of said prom~uory ~ote, ifld 1FIIf ~ = mortgage, each snd every, prompHy on the days respectivelr the same severafly become d~x. 2. To pay all and singulsr the N:es, sssesunents, levies, lisbiliries, obligations and encumbrances of every nsture and kind now on said dexribed ~ - property, or that hereafta msy be imposed, suffered, placed, levied, w+ssessed thereon, or tMt heteafter may be levied or assessed ~Pon lhis Motty- age, o~ the indebtedness secured hereby, e~ch a~d every, when dve and payable, accordi~g ~o law, be(ae they become delinq~erd, and befwe ~ny interest artaches w any penalty is inc~rred; AND INSOFAR AS ANY THEREOF IS OF RKORD TNE SAME SHAII BE PROMPTIY SATISFIED AND DISCHARGED OF ~ R~CORO AND THE ORIGlhAL OFFICIAI OOCUMENT (SUCH AS, FOR INSTANCE. THE TAX RECEIPT OR THE SATISFACTION PAPER OFfICIAILY ENOORSEO OR CERTIFIE~) SHAII BE PLACfD IN iHE HANDS OF SAID MORTGAGEE WITHIN TEN DAYS NFXT AFTER PAYMFNT; and m the evem that ~ny thereof is not pa~d, saYSfied ~nd discharged sa'd MORTGAGEE may at any t~me pay the same w any psrt thereof without waivirg u affecting ~ny option, lien, equ~ty o~ •~~hr ~nder w by virwe ot this m.ortgage and the f~ll amount of exh and eve:y such payment shall be irtrncdiately due and payable and shall bea~ interest ~rom the dste ther~of umil paid at rate of nine per tentom per ann~m and to~ether w~th such interest shall be secured by the lien of th:s mwgtage. - - - - - - ~ ~ -q- " .a~~~ . ~ . :-~t` ~ ~ i^~ °e ~ ' _ ~ ~?l~ ~J