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Home My WebLink About0912 2?39969 1HIS INDENTURE, Mads the 1_ 3th day of ~CtOb@I~_~ ~ A.D. 19 72 - between _ Douqlas C. Payette and• Armond' ~'ayette, his wife of _ St ~Cie ' County Florida, he~einaftet desgnaled as the "MORTGAGOR," and fiR57 FEDERAI SAVINGS AND LOAN AiSpClATlON OF FORJ PIERCE, • corpora~ion oryanized and exiiting under the laws of the United Statos of America and hevin~ itt principal pl~ce of busineu in ths City oi Fort Piarce, 51. lucie County, Florida..hereinafte~ designated ai the "MORTGAGEE." WHEREAS the MORTGAGOR is jv~tiy indebted to the MORTGAGfE in the sum of s 9+200• 0O good and lawful money of the Un~ted Srares advanced by the MORTGAGfE unto the MORTGAGOR, as evidenced by a cer~a~n promisswy note of even date herewith, of wh~ch the following in words and fgures ti a tru~ copy, to-wit: s 9, 200. 00 ~ ~ r,~, 10018935 Fut Pieres, Flwida, OCLObQY 13 ~q~_ Fw value received, 1, we or either of us, promisc to pay, withouf defalcatiort, to the order of i1R5T fEDERAI SAVINGS AND LOAN ASSOCIATION OF fORT PIERCE at Fwt Pierce, Florida, the sum of s 9~ 2O~ w;th interest from date arthe rate of 7• 7 S/e per a~nu~n, in monthly install- menff di f01!Owf: = 99 • O0 on the 15t day of ~eember ~9 72 and a like sum on the carespond~ng day of each month therr atter until the whole be fully paid. Each installment first shall be appl~ad in paymenl of the inte?est and ~hen on the unpaid balance oi the princ~pal sum. If d au~h ia made in the ~ ~,ayment of any instaltment when due, and such default cont~nues 30 days, the~ at the option of the holder, and wilhout any other rrotice, all the rernaining h~srallments shall be due and payable at once. Priv~lege is g~ven to prepay this note in whole or in part at aoy time withou~ panalty. Neither for~bearance, nor acceprance oy 1i~ ::::'~er thereof aiter any default in any payments hereon, shall be dcemed extension. A late payment charge of s 4•9S , shall be added to each instaf(ment remaining unpa~d 7 days after its due date, and s tike sum shall be added to each such installment remainir.g unpaid 7 day: after eath succeeding payment date. ~ i Each maker, surety and endorser hereof, jointty and severally, wa~ves demand, presentment protest and rwtice of protest fw nonpayment, snd furthtr ; agrees lo any extension of time of payment, either before w after maturity, without notice to any of us; and to pay all costs of collection, including a ~ reason~ble attorney's fee in the event 'of any default hereunde?, and hereby severally waives all benefit of homestead and exemption under the tonstitution ! and laws of each State of the United 5tates, as against this obligation p any extensio~ or renewal hereof. Wit~ess the hand and seal of each party. s/ Douglas C. Payette (s~Au ! cs~?u s/ Armond Pavette ; (s~u1 = ~ $13.80 ~ State Revmue tswa~=ae~adt~~tag~aa~ ~ MOW. THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of S 9 f 200• ~ and the performa~ce of ths covenants and agreements hereinafter expressed, and for divers good and vslwble considerationa, by these presents, does gront, bergain, sell, remise, release, convey and confirm unto the MORTGAGEf, its ~uccesson and assigns, ell thal certain lot, piece w parcel of ~snd, aituate, lying, and bei~g in the County of St . Lucie ~ and State of Florida, desvibed » follows: Lots 7 and 8, Block 23, LAw'NWOOD ADDITIO,Y, to the City of Fort Pierce, Florida, as per plat thereof on file in P1at Book 2, at page 16, of the Public Records of St. Lucie County, Florida, ~ z i ~ i d _y S7ATE ~F FLt7R1[7A ~ : i A X ' DOC~ UMENT4RY~`°~StAMP ' ; °s i (?EPT. Uf REYE~~Uf -r : =r- e~ - ~ + ` _13801 ' -'•c ~ Gi:I t ~ ~2 • o P.& ~ ~ yC 3 ~ ~ ~ ~~10~ fi~ ~L~ ~ i?! ~tii~" 'tl !'~L r•~/T ~ 4\~J a~= ar~ cu~~: ~c• ~~:T,;::c~s~.F : . . PUiiS11.1I'iT i0 i.!'J1P'r3 i:-i~.. A.;1~ ~f tS~t. S RCGER 4':iti~,;.S /1rr°~ : CLEHK- ClRCUIT COU,?T, Sl, li,~~~ F~ ~ ; ; fogether with all and singular the tenements, hereditaments and sppurtances thcreunto belongirg o? in anywise ~ppertsininy tlxreto, ~~d aR ~ents, Fstves, proceeds and profits xcr~ing and to acvue from said premises, all of whicb sre intluded in the sbove and foregoin~ description and Mbendum. ! TO HAVE ANQ TO f10LD the above, dewibed and grsnted premixs unto the said MORTGACEE, its s~cceuors an.! a4s~n~ fnrever. Md 1M said ' ~ htORiGAGOR for -thQ tI ~~rs, executors, admi~istrators and ass'yns, hereby covenanri with the said MORTGAGEE, its wcceswrs ~nd aui~ro, + ihat - --y - lawfull uized of the said f 'i the dI@ _ Y p~~;xs in fee iunple; that the same are free, ck~r and discharged from sll tiens ~nd encurta g brances in law o? in equity, and that they w;ll snd thev are heira ~hall wuranf and defend the titb to the ums to tl+~ said 4 i MORTGAGEE, its sutcessors and assigns, fwever against the tawful claims and demerds of all peaons; PROVIDED, AlWAYS that if the MORTGACaOR shall pay unto the MORTGAGEE !he promiuory note hereinbefore described and ahali fruly, promptly end fully perform, dixharge, execuse, complete, comply with and abide by each a~d every the itipulatiwu, sgreements, conditions and tove~antt of said promisswy note and of this Matgage, then this Mortgage and the Estate hereby veated ahall ce~se and be null and void.. IT IS UNDERSTOOD that the wo~d "Mongaga" whether in the singuiar or plural anywhers in this Mo?tgage, shsll be sinyular if orw onty and ehal! be plural 'pintly and iever~lty if more than one, a~d that the wad "their" ss used anywhere in this Mortgage shail be take~ to mea~ "his;' "hers," or "its," wherever the context so implies w admits. Also, that wherever there is a reference in the covenanti and agreementt he~ein contained to any of ' rhe parties hereto, the same shall be construed to mean as well as /F~e F~eirs, legal ~epresentetives, iuccessors and asi~gns (either voluntary by +tl of the parties or involuntsry by operatan of the law) of the same and that the covenants herein contained shall bind and the benefits and advanta9es inure ' to the respective hei~s, kgal reprexntatives, succeuon and au~gns of the p~rties hereto. i And said Mortgagors, for tFxmsefvei a~d their heirs, legal representstives, successors ~nd assigns, he~eby jointly and severally coven~~t ~nd ~gree to and with the aaid MORTGAGEE, its successas and auigns: i 1. To psy all and singulsr thc principal and intaest and the various and sundry sums of money payable by virtue of ssid promissory note, and fhi~ i mwtgage, esch and every, promptly on the dsys respedive(y the ssme severelly beccme due. f 2. To pay all and singular the tsxes, assessmenn, levies, liabilities, obligstip?s and encumbrances of every n~ture and kind now on said deuribed ~ p?operty, a that heresfter may be imposed, auffered, placed, levied, or assessed thereon, p that hereafter may be levied p ssussed upon this Mort~- age, a ths indebtedneu secured hereby, exh and evay, when due and psyable, sccwdinp to tsw, before they become delinqvent, and belor~ any (mersst atraches or any penalty is intvrred; AND INSOFAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMPTLY SATISFIED AND DISCHARGED OF S RECORD AND THE ORIGINAI OfFIC1Al OOCUMENT (SUGH AS, fOR INSTANCE, THE TA% RECEIPT OR THE SATISFACTION PAPER OfFfCIAItY ENDORSEO OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHlN TEN DAYS NEX1 AfTER PAYMENT; am1 in the event that any thereof is not y paid, sat'sfied and discharged sa:d MORTGAGEE may at any time pay the same or any part thereof withovt wsiving or affecting sny option, lien, equity a ~ •iqht under or by virtue of this mortgage and the full amount of euh and every s~ch psyment shall be immediately due and payabJe and ihall bear interest i <<om the date thereof unt71 pa;d at rate of n~ne per centum per annum and togethe~ w~th such i r t~g~, sec~red b~~~n ol th:s moryta9e. j Boox~V~ PacE ;