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Home My WebLink About2367 . . 2'7~53 1 THIS INDENTURE, M~de the 9th day of Januarv , A.D. 19 74 _ between Thomag ~arl Downinfl and Melissa ~.~e~i~, hi c w; fP • _ ~ ~ ~ • , . of St. Lucie ~punty Florida, heteinaiter designate~ as the "MORT(`iAGOR;' and FIRST FEUERAL SNVINGS AN~ LOAN ASSOCIATION OF FORT P~ERCE, a corpo~ation or9anized and exi~t+ng under ths laws of ths U~~ted Sat~s of America and havirg its p~incipal plac~ of buiineu in ths City of fort Pierce, St. lucie County, Florida, hereioafter designated as ths "MORTGAGEE:' WHEREAS the MORTGAGOR is justly indebted to Ihe MORTGAGEE in the sum of S 1O ~ , good and lawful money oF the Un~ted S~atet advanced by the MORiGAGEE unto the MORTGAGOR, as evidencrd by a certam promisswy oote of even date herewnh, of wh;ch Ihe followinp in word~ and ligures is a true copy, to-wit: = 1~~00~.~~ No110001a9 fort Pieres, Fb.~,, Januarv 9, iv_3~ Fw value received, 1, we or e~ther of us, prom~se to paY, wi~hout defalcat~on, to the order of FIRST fEDERAI SAVINGS AND tOAN ASSOCIATION OF FORT PIERCE at fat Pi rce Ftorida, the sum o( l~a-~~•~ w~th inr~e~s~ from date at the rate of9• 5~ per annum, in monthly inslail- ~.,ents as fotlows: S-9~ a+ -~ta+Y of February ~9 _ and a ~ike sum on the cwrespond~ng day of each mon!!~ there- after unti~ the whole be fully paid. Each installment first shalt be applied in payment of the interest and then o~ the unpaid balance of the princ~pal ium. If default i~ made in the . payment of any installment when due, and such default coroinues 30 days, then at the option of the holder, and without any othe? notice, all the remaining :nstaltments shail be due and payabie at once. Privilege ia given to prepay this note in whole or in part at any time without penalty. Neither faebearante, nor acceptance by the holder thereof after any defevlt in any payments hereon, shall be deemed eztension. A late payment charge of = 4.~ 7Q shall be added to each i~stallment remaining unpaid 7 days aittr its due date, and a I~ke sum shall be added to each such installment remaining unpaid 7 days sfter each succeeding payment date. Each maker, surety and endorser hereof, jointly and seve?a~ly, wa~ves demand, presen~ment protest and notice of protesl fw nanpayment, snd further ag~ees to any extension of time of payment, either before w afte~ maturity, without notice to any of us; and to pay all costs of collec?ion, includ;ng a reasonable attorney's fee in the event oF any defau~f hereunder, and hereby severally weives all benefit of homestead and exempti~n under the constitulion a~~d laws of each State of the United States, as against this obligation w any extension w renewal hereof. Witness the hand and seal of each party. S/ Thomas Carl Downing (SEAL) S/ Melissa Downiny ~s~n~~ cs~u ~ ~15 • ~O t $tate Revenue ~ X 10 000 00 NOW. THEREfORE, tFx MORTGAGOR fw the purpose of securing payment of said sum of S ~ • and the performance of the covenants and agreements hereinafter expressed, and for divers good and valuabte considerations, by theu preser+ts, does grant, bar9ain, se71, remise, re;ease, convey and confirm unto the MORTGAGEE, its successon and auigns, all that certain bt, piece or parcet of Iand, tituate, lying, and being in the Couny of St. ~.11Cie _ and State of Fbrida, desu~bed u follows: Lot 1, Block 3, ORANGfi BLOS90M SSTATBS, as per Plat thereof on file in F Plat Book 11, Page 6, according to the Public Records of St. Lucie~County, Florida. ! ~ - f ' ~ i # - ~ , ~ -r T~~ F l_ rJ R i ~ P~r~ p~YEa~V. ~ - s ! A ! y ,6 . S T J~ M P ~ ? ~ i f. pE~s4~'pF 191~. _ ° DOCUMEN~ARY. - ~ - ~ i~~~. ~~S 3~• , .t * \~pS ~ ~!1 ~~1 S ~ ~ oz •-s UF~?. t,~ i?iYENUE ; z`~ ~ = _ ' O O~ RE~E OF C`-~ ~P~E E~ QO~tM`~\E CA ~ ~c )6~ . 0 g ~ = N = PB - I j `'~~,s~' l.,~ F m ; 111{i? C, ~ L{'t s p ~ ~i~~ ~ . 7~ a ~ ~ ~ ~ • ~ ~ ~ tegether with 'all snd singular the tenemenb, hereditaments and sppurtances thereunto belonging o~ in anywite appertaining thereto, and all rentt, issues, ~ p~oceeds and profits accruirg and to accrue from said prem~ses, all of wfiich are included in the ~bove +nd fwegang desuiption and habendum. TO HAVE AND TO HOID the above destribed and granted prem~ses unto the said MORTGAGEE, iri suttesson and suigns forever. Md th~ s~id MORTGAGOR for ~3-~----- helrs, executors, administrators snd assigns, hercby covenants with the said MORTGAGEE, ifs successors snd auigns, _ rhat --~~Q- lawfully seized of the said premius in fee simple; that the same sre free, dear ~nd dixharged from ~II liens and er+cum- } brances in law a in eqvity, and that they will and their hei~s shall warrant and defend the title to the sa:ne to the wid ~ ~ MORTGAGEE, itf successors and assigns, fwever agai~st the lawful ctaims a~d demands of dl persons; ! PROVIDED, ALWAYS that if the MORTGAGOR shall pay unto the MORTGAGEE the promiuo?y rate hereinbefwe described ~nd shsll truly, promptly and futly perform, d~scharge, execute, complete, comply with and abide by each and every the stipulations, agreements, conditio~s and covenants of said p~omissory note and of this Mortgage, then this Mortgage and the Estate hereby created shsll cease and be null and void. '~s IT IS UNDERSi00D that the wwd "Mortgsgor" whether in the s~~gular or plural snywhere in this Mwtgsge, shall be singular if one only and r` shall be plural jointly and uverelly if rtwre than one, and that the word "their" as used snywhere in this Mortgage shall be taken to mean "his;' "hen," or "its;' whereve? the contexr w implies or admits. Also, that wherever there is a reference in the covenants snd agreements herein contained to ~ny of rhe parties hereto, the same shall be construed to mesn as well as the he~~s, legal representstivet, successon and s~tigns (either voluntary by etf of the _ partief or involuntary by operation of the law) of the ssme and that the~covenants herein contained shall bind snd the benefits and advantagd inure ~ ro the respective heirt, legal represematives, successas and ass~gns of the parties Fxreto. ~ And said Mongagors, for tFxmxlves and their heirs, legal representatives, wccessors and suigns, hereby joinNy and severally covensnt and agree - ro and with the said MARTGAGEE, its successo?s and assigns: 1. To pay all and singular the principal and interest and the various and sundry sums of rtaney payaWe by virtue o~ said promissory note, ~nd this 4=~ mortgsge, each and every, promptly on the dayi respectively the same severally becane d~?e. 2. To psy all and singulsr the ta:es, sssessments, Ievies, lisbi~it~es, obligstions and encumbrsnces of every nature and kind now on tsid dewibed propery, w that hereafter msy be imposed, suffered, plsced, levied, or assessed thereon, or that F?eresfter may be levied or assesud ~pon this Nbrt¢ age, or the indebtedness secured hereby, each and every, when due and payable, xcording to law, befwe they become delinquent, and beiwe any interest :~i attaches or any penahy is incurred; AND INSOFAR AS ANY THEREOF IS OF RKORO THE SAME SHAII BE PROMVTLY SATtSF1E0 AND DISCHARGED OF 2ECORD AND TME ORIGlNAI OFfIC1Al OOCUMENT ISUCH A5, FOR INSTANCE, THE TA% RECEIPT OR 1HE SATISFACTION PAPER OFFICIALLY ENDORSED 02 CERTIFIED) SHAII BE PLACED IN THE HANDS QF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; s~d in the eveM that any thereof is not ' pa~d, saYSfied and discharged sa:d MORTGAGEE may st any t~me pay tne same w any pa?t thereof without waiving ot affecting any option, lien, equity w •+aht u~der or by virtue of this mortgage and the ~ull amount of esch and every svch payment shall be immediately due and payable and shall bear interest ; ~.om the date thereof until pa~d at rate of n~~e per centum per annum and together w~th s,,.F, t II be s lien of th:s morgtaye. ~ D~~'I`~~ ~ ~~~,r - . _ _