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Home My WebLink About0049 ~ 30'7f,14 1HIS INDENiURE. M~de the 28th day of ~X~1 A.D. 19 75 - bet«een _ DouQlas C. Payette and Aragond P~yett~. bis wife of ~t~ L11C3e County Flaida, htreinafle~ detignated as the "MORTGAGOR," and FIRST FEDERAI SAYINGS AND LOAN ASSOCIATION OF FORT PIERCE, ~ corpwation oryaniaw3 :wd eaislirg und~t tM laws of the U~~ted Statoi of Amerita ~~d Mving its principal ptsta of ~us~neu in ths Ciry of Forf Piac~, St. lucie Counry, Fipid~, Mr~inafter desiynated as ths "MGRiGAGEE." WHfREAS th~ MORTGAGOR ii ju~tly indcbted Io the MORTGAGEE in the sum of S li i~0~ ~ , good and lawivl mo~ey of the Un;ted S~eres advanced by ths IdORTGAGEE unlo the MORTGAGOR, as avidenced by a certem promissay nole of even date herew~th, oi wh;ch the tollo.ving in .,,crds and fiyures is s true copy, 1o-wi1: sl l, 000. 00 H, 10021305 Fort Pierte, Florida. APri2 28 19 75 For value received, 1, we or either oi us, promise to pay, without defalcalion, lo the order o1 FIRST iEUERAI SAVINGS AND LOAN ASSOCIATION OF ~RT PIERCE at Fort Pierte, Fbrida, ihe sum of j_ l l L~~~ OO _ wi~h in~erest from date af the tate of 9! ~°o per annum, in monthly install- .~.,rs as ioito.vs: S 112 on ~he 2~h day oF J~e , 19 75 and a Gke sum on the carespond~ng day of each month fhere- a~r~•r until the whole be fully pa~d. Each installment first sFall be appl~ed in peyment of the interest and then on the unpaid balance of the principal sum. If default is made in the ;~,.~:ent of any inatallment when due, and such default continuea 30 days, then at the optlon of the holder, and w~thout any other not~ce, a:l the remaining sral!men~s sha?I be due and payable ar ooce. Privile~e is given to prepay this note in whole or in part at any tlrne without penalty. Neither forebearance, nor acceptance by the holder thereof after any default in ~y paymeMS hereon, shall be dremed extension. A late payment charge of Z5~6C , sh~ll be ,3,id~d to each installmeM remaining unpaid 7 days after its due date, and s like sum shall be added ro eacfi such instaflment remaining unpaid 7 days after •~a.:n succeedirg payment date. Each maker, surety and endorser heroof, jointly and seve~afly, weives demand, presentment protest artd notice of protest for rw~paymant, and further >>rees ro any exre~s~on oi time of payment, eithe? before w after maturity, wtthaut notrce to any of us; and to pay all costs oi colleaion, including a ra;sonable attorney's fee in the event of any defaull hereunde~, and hereby severally waives all benefit of ho:neslead and exemption under the canstitution • d iaws of each State of Ihe United S:ates, as against this obligation w any exicnsion w renewal hereof. - W~tness the hand and seal of each party. . , s/Douglas C. P~yette ~Ai~ - cs~?t) s/Arsond Payette ~ai~ ~ _ $16~ SO 1 $tate Revenue ' (~U !S~a.~s.Mwwibiw~ wi~:ul NOW, TNEREFOltE, the MORTGAGOR fer the purpose of secu~ing payment of said sum of S 11 ~ and the pc~formance of the : r:enants and agreements hereinaiter expressed, and for divers 9ood and valuable coni~derations, by these presents, does grant, bargain, sell, remise, •~~eaie, convey and confirm unto the MORiGAGEE, its iucceuors and sssig~~, ell that cenain lat, piece or parcel of lend, situate, lying, snd being in the ~cunry of St• Lucie end State of Fbrida, deuribed ~i follaw~: i.ots 7 and 8, Block 23, LAWf~W00D ADDITION, to the City of Fort Pierce, Florida, as per plat thereof on file in Plat Book 2, Page 16, Public Records of S!. Lucie ~ounty~ Rlorida, a'~l ~!v - S4~/- U/~~ - Od~~ - , _ , ! - - - ~ r1 ~ r , ~ ~ _ ty-~ _ ; , ~ ,t ' ` • ;;'r,l ~..~~r~/~F.~r _ - _l~ . - ~ i : ' L~ ~ I 6. 5 ~ 1 i - c • . _ - . . ~ ~ - . ~ ' ~ E5 ; .r. _ _ ~ 1AX • _ - _ _ - - _ - ` ~ QA.~E~ P~Ett1Y. ` . ~ G\8~ ~ ~911• ~ . F REC.E' o`A~~S 'C ~l1T~ 11-1~' ~ f~j? i ~~t ~o ~SN?`~~E aD, ~ ~ S ~ ~ ~ `k ~ s y +sgether with all and singular the tenemeMS, hereditaments and appurtantes 1lxreunto belagiog p in anywiu apperfainiop fF?ereto, and e!1 rents, {uue~, } ~•cceeds and profits accruing and to attrue from said premises, •II of whicf~ are intivded in the ~bove snd foregoirg description ~nd habendum. ? ~ TO HAVE AN~ TO HO D the above described and granted premises unto tM said MORTGAGEE, in successors and ~isigns forever. And tM said - ~ ~~^RiGAGOR for -the~r he;n, exccut«s, sdminiitrators and assigns, Fxreby covenants with the s~id MORTGAGEE, its succestors ~nd ~uipm, ~ ~ ,;.,t ___they are ~awfully uized of the said premisss in fee simplr, that the umt sre free, dear and dixharged irom sll liern and ~ncurrf ~ ~ : : --a~ce~ ~n iaw or in equity, and thar they w;11 end their hein ihall wsrrant and defend th~ title to the sarrN to tt+~ ~aid ~ `..'~RiGAGEE, its wccesiors and assgns, forever against the Iawful claims and demands of •t~ persons; , ~ ~ PROVI~fD, ALWAYS thst if the MORTGAGOR siwll pay unto the MORTGAGEE the promiuwy note hereinbefote dewibed and ~hall trvly, promptly • d 4ully perform, dfschsrge, execute, ca~nplete, comply with and abide by e~ch and every the stipvlati~s, agreements, conditior:s ~nd covenant~ of taid ~~~ssory note and of this Mortgage, then this Mortgsge ~nd the Estste hereby ueated ahdl cease and be null and void. IT IS UN~ERSTOOD that the word "Mwtgagw" whether in ths singular w piurat anywhere in th;s Mortgage, ihsll be sinyular if one anly ~~d p~ ~ ; s'~3!t be plural jointly and severally if more than one, and that the word "their" as used ~nyvuhere in this Mortgage shall be tsken to me~n "hi~" "hen," its," wherever the conteat io implies or admits. Also, that wherever there is a referente in the tovenants and ayreements herein contained to aMr of ~ - 'r,e parties hereto, the same shall be construed to mean » well as the heirs. teg~l representativa, successon and suigro (either voluntary by act of th~ . arr~es or involuntary by operarion of the ~aw) of the sune snd that the covenants herein contsined shall bind ai?d the benefits and advantayes inurt ~ F o rhe respective heirs, legal represent~tives, successws and asrgns of the psrties 1?ereto. ; ~ And ssid Mwtgafwri, for themselret and eheir heirs, legsl representatives, successort and euigns, hereby jointly and ieverally covenant and agree y ~ to and with the said MORTGAGEE, its successort and asiigns: ~ 3 1. To pay +!1 and singular tlx p~incipal and interest end the variovs and sundry sums of money payable by virtue of said p~omissory note, a~d thi~ »~rtgage, eech ~nd every, promptly on the dsys respectively the same severally become due. - 2. To psy sll •nd •ingulsr the tsxa, atiessments, levies, liabilities, obligatior» and encumbrancss of every nature and kind now on seid described ~ property, a that hereafter may be imposed, suffered, placed, levied, a asuued thereon, w that hereaiter may be Itvied or asussed upon thiu Mort¢ ~ age, w tMe indebtedneu iecured hereby, esch and every, when due and paYable, according to law, befor~ they become delinquent, and befue any intttest ~ ~ a~frches a any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORO TNE SAME SHAII BE PROAAPTLY SATISFIED AND DISCHARGFD OF ~:CORD AND THE ORIGINAL OFFICIAL UOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFAGTION PAPER OFfICIAIIY ENOORSED ;~R CERTIFIED) SNAII 8E PLACED IN THE MANDS OF SAID AI~ORTGAGEE WITHIN TEN OAYS NEXT AfTER PAYMENT; and in the event that any thereof i~ not ;,e~d, sat'sficd and discharged sa:d MORTGAGEE may at any time pay the same or a~y pan thereof without waiving o~ affectinp any option, lien, equity a ~ ~~~~r ~nder w by virtue of ~h~s mortgage and the full amovnt oi euh and every such payment shill be immedia~ely due snd payible and shsll bear interes~ ~ rr~ rFo d~~e ihe~co4 ,;~..I pa d a~ rate of nlne per cer.tum per annum and togethe~ w~th such interest shall be secured by the lien ef th's morgtagc. ~ ~ ~i~ ~~"_,`.~f..:is'~'."r_-^ 9~ _ ,,F-FY._..:f': ^5.~~. _ » _,c }`~';'av~