HomeMy WebLinkAbout1861 223~8~ ~
THIS INDENiURC AMds the_..?at'h day oi January A.~. 19 72 between
_ Milton Dias~ond and Lillian Diamond, ia v e
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of County F~orida, hereinafte? deiignared ai the "MOR1 AGOR:' and FIRST FEGcRAI SAVINGS ANO tOAN
ASSOCIATION OF FORT PIERCE, • corporarion o.g~nized and existing undsr th~ laws of 1M. Un~ted St~~of of Amer~ca and A~vinp iri principai pl+ce of
b~i~neu in tM City of Fort Piace, S~. lucie County, Flarid~, hc~einahsr de~iyoatsd a~ IM "MORTGAGYE:'
WHFREAS tM MORTGAGOR is just~y indebted to the MORTGAGEE in the sum of = ~ 73~0•~ ~ good and lawfut money of the Un:ted
States advanced by ihe MORTGAGEE unto the MORTGAGOR, ss evidenced by a certain promissq~y note of e~en date herewitF., oi which the foilowin~ in
~ords and figures is a true copy, ~o-wi1:
s ~,~,~p ~ 3-17,883
" fort Pierce. Florida. J~ua~ 28 19~.~
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Fw val~t rcceived, 1, we w either of us, prom;se to pay, without defslcat~on, ?o the order of FIR$T FEOcRAt SAVIN (5~ AND IGAN ASSOCIATION OF
fORT PIERCE at Fort Pierce, Florida, the sum of s 171_~~•~ w~th interes~ from date at the rate of 7~~"~ per annum, in monthly in~tafl-
~~,eroa as foI'ows: S-~~1!~ - on the ~ st day of June ~q__??_ and a like svm on ~he cwreapond~ng day of each month there-
~ afrer until the wAole be ful~y paid.
Each insrallment fi~st shatl be appl+ed i~i payment of the interest and ~hen on the unpaid balance of the princ~pal sum_ If d ault is made in the
F aiment c+f any insral~ment whe~ due, and such defavlt contfnues 30 days, then at the op~ion of the holder, and withaut any othe~ notke, all the remaining
~~stallments shail be due and payable at once. Privilege is given to p~epay this nate in whole o~ in part at ~ny t~me w~thout penalty. NeLithepr rforebeararue,
~ r,or acceptance by the holder thereof aiter any default in any payment~ hereon, shall be deemed extens~on. A late payment charge of s v•Q7- ahall be
• ~dded to eath installment remaining unpa~d 7 days after its due date, and s like sum shall be added to each such installment remaining unpa~d 7 days after
~ each succeeding payment date.
Each maker, surety and endorser hereof, jo~ntly and teverally, wa~ves demand, p?esentment protest and notice of protest fw nonpayment, ~nd furthe?
agrees to any eatens~on of t~me of payment, either before w aiter matur~ty, w~thout not~ce to any of us; and to pay al~ costs of collection, includ:ng •
~ rc•~sonable atto.nev's fee in the event of any default hereunder, and hereby severaliy waives all benrf~t of homeatead and eaemption under the constitutio~
; a~~d laws of each State of the United States. as against this obligation w any extens~on w renewal hereof_
Witness the hand and se+il of each party.
~ S~ ~Zt011 amond (SEAI)
\ (SEAI)
3 STI A810A (SEAI)
, - • c ~ , : L~. v~c (SE~W
,i •5~ ) $tats Revenue
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y`~ NOW, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of s ~ 7+~~•~ , and the pe?fom+snce of ths
covenants and agrerments hereinafter e:preaaed, and fa divers good and valuable co~siderations, by these presents, does grant, bargai~, sell, ~emise, -
r~iease, convey and conf~rm unto the MORTGAGEF, its successon•and aasign~, all that certain bt, piece or parcel of Iand, situate, lying, and beirq in the
County of _ $t• ~Cie , ~nd State of Flwida, dew~bcd ai foltows:
Lot 25, Block 331, PORT ST. LIICIT, SECTION 25, as
per plat thereof on f ile in Plat Book 13, Page 32,
' of the ?ublic Aacords o£ St. Iucie Couaty, Florida ~
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~ togetFwr w~th all and ~ingvlar the tenements, hereditsmenri a~d +ppurtances thereunro beforginy q in anywise appertaininy therefo, and sll rentf, iavt~,
~ proceedi +nd profits accruing and to accrue from said premises, all of which ~re included in the abow and forpoiny desuiption and hab~ndum.
i0 HAVE AND TO NOID the above desuibed and y~anted pr~mius unto tM said MORTGAGEE, ita tuccessors a~d +u~pns foreve~. Md tFN wid
~
_ MORTGA;GyO~QR
vfor heirs, executors, administrators ~nd assign~, hereby covenants with the said MORTGAGEE, iq wtcessws and ~~sip~a,
~ rhat Iawfully seized of the said prem~aes in fee simple; that the s~me ar~ free, dc~r and discFwrped from dl I'wro and ~ncuro-
_ brances in I~w o? in equ~ty, and that t~1@q witl snd their heirs shafl wur~nt uid defend tFr titk w the sarew ro the said
~ MORTGAGEE, its suttessors and sssigns, fwever spainst fhe lawful daimi and dem~nds of all perfons;
PROVIOED, AlWAYS that if the MORTGAGOR ahall p~y unto the MORTGAGEE the promiuwy note hereinbefor~ describtd and ihsll truly, promptly
= and fully per(orm, d~uharge, execute, complete, comply with and sbide by each and every rh~ atipulations, ayreem~nts, conditioro ~nd cowna~b of uid
promisswy nme and of this Mortysye, then /his Mortgpe a~d tM Esute hereby created sh~ll uase and be null ~~d void.
IT IS UNOERSTOOD that 1M wwd "Mortyagw" whether in the sinyular or plural anywhert in thii Mo?type, shall b~ sirqul~r if on~ only ~nd
- shall be plvral joi~~tly and tevcrally if more tha~ one, •nd that the wwd "~heir" as used +nywhere in this Mat9p~ shall bt taken to mean "his;' "hen,"
- or "its;' wherever the context w implies w admits. Also, that wherever there is a reference in the coven+nts ~nd ag~eemenN herein contain~d to ~ny of
= ihe parfies F~ereto, the s+mt shall bs consfrued to mean st well as the heirs, ieyal represent~tives, iucuuws ~nd suiyna (eitlur vol~~t~ry by act of tht
= parties or invofuntary by operation of the law) of the same and ~hat the covena~ti F+crein contained ihall bind ~nd the benefib and adv~ntayts inur~
~o tF~e ~eipective heirs, legal represemativei, succeuw~ and •ss'Qns of the partiK hereto.
: And said Mwtg~gors, fw themselvet ~nd Iheir heirs, legal rcpresentatives, iuccessors ~nd auiym, hercby jointly and sevRrally cw~n~~t and ayree
' ro and with the said MORTGAGEE, it~ ~uccesson and assigns:
1. To pay +II and sinyular the printip~l and intere~t and the variouf and su~dry sums of mwxy payable by virtw of said promissory note, and this
mortgape, each and every, promptly on the d~ys respKtiveiy the same ~sv*rally becort» dw.
2. To pay all +nd •ingul+~ the t~:es, asssumsnn, levies, liabilitiet, obligations ~nd encvmFxsnces of erery natur~ ~nd kind now on said d~scribed
property, w that Fxreafter may be impo~ed, ~uffered, placed, levied, or •uessed theieon, w thst hereafter may b~ levied w assessed vpon this Mwt¢
_ sge, or th~ i~debtedness secvred hertby, euh and wery, when dve and payable, ~ccordirg to law, befo~e they become delinq~ent, a~d b~fw~ any iM~ra~ ~
attaches or any pen~lty is incurred; AND INSOFAR AS ANY _THEREOF IS OF RKORD TNE SAME SHAtI BE VROlNVTIY SAi15FIE0 A~ID DISCHARGED OF
RECORD ANO THE ORIGINAI OFFtCIAI DOCUMENT ISUCM AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OffICUILY ENDORSED
j~a.~ OR CERTIf1ED) SHAII BE PIACED IN THE HANpS OF SAID MORTGAGEE WITHIN TEN ~AYS NEXT AFTER IAYMEfVT; and ie the eveM that ~ny thereof is not
oa~d, saYs/icd and discharged sa d MURTGAGEE may at any t~me pay the same or sny parl thereof without weiving o~ affeuirq any option, tien, eqvity a
•~~ht under w by v~rtue of this mortgiye and the futl amount of eath and every such payment shall be immediateiy d~e +nd payable and shall bea~ intereft
~.om rhe date rhereof until paid at rate oi nine per centum per •nn~m and togNher w~~h s~hRintve~~ll be ~ec~red~Ohe 1~ n of th:t moryta9e.
eQ?K1 Pac~18
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