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HomeMy WebLinkAbout2579 z~4sti2 ~ ~ THIS INDENTURE, AMd~ the lZth day of Febzuary A.D. 19 74 be~ween Milton Diamond and Lillian Diamond~ his wife of St.• i.uC1Q CovMy Flo~ida, hs~ei~afler designated as the "MORTGAGOR;' s~d FIRST fEDERAI SAViNGS ANR IOAN ASSOCIATION OF FORT PIER~E, a rnrpwatan wpanized and exitting under the lawi of the United Sutas of America and havir~ itt pri~cipal p+ace of businesa In tM City of Fort Pierce, St. l~ci~ County, ftorida, hereinaite~ desig~ared as ths "MORTGAGEE." WHEREAS 1he MORTGAGOR is jwtty indebted to tM MORTGAGEE in the sum of = 24 ? 300. OO , good and lawfvl money of the Un;ted State~ advanced by ths MORTGAGEE uMO the lY10RTGAGOR, as eviderced by a ce~ta~n pro~nissory note of even da~e herewith, of which the follov:inq in words ~nd fgurai is a trw copy, to-wit: ~ 24,300.00 No1U020630 fo.t v~~«s, Flwida, February 12 1974 for value received, 1, we ar eitFur of us, promise to y, without defalcat~on, to the order oi FIRST FEOERAL SAVINGS ANO LOAN ASSUCIATIOiV OF FORT PIERCE at Fo~t Pierce, Florida, the sum ot S 24 , 3~0. with interes~ irom date at the rate of 9• ~`Yo per annum, in monthly instafl- ments as follows: t 2~• on the 20thday of `l~e , 1974 and a like sum on the correspond~ng day of each month there- after vntil the whole be fully paid. _ Each instaliment first shatf be app!ied in payment of the interest and tF~en on the unpaid balance of the princ~pal sum. tf default is made in the payment of any installmeM when due, a~d such defau~t continues 30 days, then at the optio~ of the holder, and without any other notice, all tF+e remaining installments shail be due and payabte at once_ Privilege is given to prepay this note in whote or in part at any fime w~thout penalty. Neither faebearance. nar atctptance by the holde~ thereof after arty defavit in any payments hereon, shatl be deemed extension. A lafe payment tharge of ; 1~• 2O shall be added to each installment remaining unpaid 7 days aftef its due date, arid a like sum shall be added to each such installment remaining unpaid 7 days aftet each sutceeding payment date. Each maker, surety and endorser hereof, jointly and severa!(y, waives demand, presentment protest and notice oF prorest for nonpayment, and funher agrees to any extens'eon of time of payment, eithe? before or after maturity, wi~tiout not~ce to any of us; and to pay alI costs of collection, inctud~ng a reasonable attor~ey's fee in the event of any defauit hereunda?, and hereby severa~ly wa~ves alt benefit of homestead a~d exemptio~ under the constitutan and Isws of each State of the United States, as against this obligat~on a any exre~sion or ?enewal hereof. Witneu the hand and seal of each pa~ty_ s/Milton Diamond cseat) - (SEAL) ~ s 211 ian iamond ~s~Atf ~ ~36.45 ) State Revenue «u (Qai~is:2i3r,~~3 3~C 3~II+n 7r+3~ NOW, 1HEREFORE, the MORTGAGOR fw the purpose of securing psyment of sa~d sum of : 24 ~ 300. 00 and the performance of tRe cove~ants and agreements hereinafter expre:sed, and for divers good and valuable consideratioru, by these presents, does grant, bargain, sell, remise, release, convey and confirm unto the MORTGAGEE, its successors and assigns, all that certain bt, piece or parcel of land, iituate, lying, and being in the Couny of St. Lucie and State of ftorida, described as follows: Lot 24, Block 331, PORT ST. LUCIE SDCTION 25, according to the plat thereof on file in Plat Book 13 at Page 32 of the Public Records of St. Lucie County, Florida, ~ G9c ~ ~cE~o t ~ " rM ~~yr~~nr oF T.,xEs S TATE OF ~ ~ Dl~ ON ClASS 'C INTA.YGIBLE .'E ,-::~:':l P~'0?ER)Y~ ~ t- U~ f~ N~ PURSIIAlIT TO CW1P1E4 11-13d. ACTS Of lbil. ~ oz OOCUMENTAKY~.•~ ;~STAMQ Tt,~' { R06ER POtTRl1s ~ D'tP7. C,F REYENU~ ~ - i /yc ~y~ ~~V~ c. c M ry` r N ~ , I~.~ • VLC~ C~nW~ YanIRT~ J~. L~~G W.r ry~ 'yC " -~m N P& = r~1:~•1;~. 3 G. 4 5 t ' b ~ 1110? •`r ,,i ~ ' c~. ~ , ~4 i I I I f together with all and singular the tenements, hereditaments and appurtance~ thereunto belonging or in anywise appertaini~g therero, and sll rentf, issuea, proceeds and p?ofits acvuing and to acave from said prem~ses, all of which are included in the above and foregang dexription and habendum. TO HAVE AND TO F~OLD the above desaibed and granted premises unto the said MORTGAGEE, iti succeuors and auigns forever. And the said their N40RTGAGOR fot hei~s, exetvtors, administrators ar+d assigns, hereby covenants with tht said MORTGAGEE, its svtcessors ard essigru, the are rhat Y--- lawfully seized of the said prem~ses in fee simple; that the wme are free, clear and discharged from a!1 liens and encum- brances in law or in equ~ty, and that they W~~~ a~ t2]QIY hein shall warrant and defend ihe title ro tke ssme to the ssid MORTGAGEE, its successors and aasigns, foreve~ against the lawful claims and demands of all persons; PROVIDED, AlWAYS that if the IVIORTGAGOR shall pay unto the MORTGAGEE the promissory rate hereinbefore described and sh~ll 1ruly, promptly and fully perfwm, d~scharge, execute, comptete, comply with and abide by each and every tF~e itipuistions, agreements, conditions ared covenants of aaid ~ promissory rate and of this Mortgage, then fhia Mortgage and the Estate hereby created sfiall cease ar?d be null and void: lT IS UNDERSTOOD that the wad "Mortgagor" whether in the singular or plural snywhere in this Mutgage, ihall be singular if one only end shall be plural jointly snd severally if more than one, and that ~he wo~d "their" as used snywhere in this Mortgage sF~s(I be taken to mean "his; '"hers; ' w"its;' wherever the context so implies or admits. Also, that wherever tAere is s referente in the covenants and agreements herein contairud to a~y of ~ ~ ~ the parties F~ereto, the same ~hall be construed to mean as well as the heirs, legal representatives, successon and assigm (eitF~er voluntary by act of the ~ par tiq o t invo lun tary b y opera tion o f t h e law} o f t h e same a n d t hat t he covenants h erei~ tontai n e d s h a!! 67 n d a n d t h e b e n e fits s n d advantagq inure ~ to the respective heirs, legal representatives, successo~s and au~gns of the parties hereto. And said Mortgsgors, for themselves and their heirs, legal represe~tatives, suctessors and auigns, hereby jointly and xverally covenant and agree yia~ to and with the said MORTGAGEE, its successors and as~igns: ~ o~.. 1. To psy al) and sing~lar the principal and interest and the various and sundry wms of money payable by virrue of said promissory note, s~d this M mortgsge, each end every, promptiy on the days respectively tt?e same xverally become due. r 2. To pay all and ~ingular the tsxes, ssussments, tevies, liabiliries, obligations and encumbnnces of every narure and kind now on said dewibed ~ p?operty, or that hereafter msy be imposed, iuffered, plxed, Ievied, or asse:sed thereon, o~ thst hereafter may be levied or useised vpon ihis Mort¢ ~ age, w tha +ndebtedness secu~ed hereby, exlf and every, when due and payable, xcording to law, before they become delinquent, and before any iMerest attaches or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF RKQRD THE SAME SHAII BE PROMP~IY SATISf1E0 ANp OISCHARGED QF ~ RECORD AND THE ORIGthAt OfFtCtAt DOCUA+IENT (SUGH AS, FOR INSiANCE, T11E IAX RECEIPT OR iHE SATISfAC110N PAPER OFFICIAIIY ENDORSED OR CERTIFIED) SHAII BE PIACED IN THE HANDS Of SAIp MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in ths event that any thereof is not paid, sat"sfied and discharged sa:d MORTGAGEE may at any time pay the same a any pan thereof w~thovt waiving or affectirg any optioe~, lien, equity or •iphr under or by vi.tue of this mortgage and the full ameunt of each and every s~ch payment shall be immediatety due and payable and shall bear interest ~rprn the date thereof until paid at rate of nine per centum per annum and together w~th such interest shalt be secured by the lien of th:s morgfage.