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HomeMy WebLinkAbout2495 • 31s~ss ~ t~ _ ; ; 1MI3 IN~ENTURE, Nl+d~ th~ iOth d+y of October A.D. 19 75 b~tvr~ ~ ' Jiu B. Dianond and Dozothy L. Di~aaondL• b~=_.wife oi St •~'uCi@ Cow?ty flwidb MrNn~ftK d~~ipa+hd ~s tM "MORTGAGOR;' and fIRSI fEDERAI SAViNGS AN~ IOAN ASSOCIATION OF FORT PIERCE. • oorpowtion oryaoi:~d and ~xiitinp undM IM i~vw of tM U~ited Suas of Am~+iu u~d Mvi~p iq prlnclpal plaa of bu~in~w in th~ City oi Fort Pi~ra. SL Luci~ County. florida, Mninafi~r daipoat~d a th~ "MORTGAGEE." WHEREAS tM INORTGAGOR b ~wtly tnd~bt~d to th~ MORTGAGEE in IM sum of : 14 ~'4~• ~ , pood and lawful moewy ot th~ Unlted Su~~s ulvanced by tM MORTGAGEE u~to th~ MORTGAGOR, ~s ~v~k~ced by a oHtain promiuory nor~ of even date Mrew~th, of wh~ch th~ fdlowinp in wad~ and f wq is a trw copy. to-wit: :14,4~.00 ' 10021638 ~ ~ P~, Fi~ October 1~ 19 ~ Fw valw ?aceiv~d, I, vw a eltha of us, promise to pay, witho~t defalcaion, to ths order of FIRST FE~ERAI SAVINGS AN~ IOAN ASSOCIATION OF fORT PIERCE at Fwt Pie?a, Fbrida, tM svm of : 14,400.~ ~,~,~;~h iMerest (rom date ~t the rate of 9•~96 per +onum, in monthly tmull- r.+cnts as followu Z 1~•~~ on tt~~th d,y or Novenber ~975 and a Gke sum on ths care~pa~d~np d~y of each month tMr~- after uNil the whols b~ fully p~id. Each ins?allm~nt fint slu~l be appliad in p~ymeet of ths inta~st u~d then on tM unp~id balence of the pri~cip+l wm. If defsult is m~d~ in tM payment of a~y ini~aliment when dw, and wch de(+uh continues 30 days. then at tM option of 1hs holder, and without any other notice. ~II the remsininp ~nstaltments shall bs due ~nd p~yabk at onca. Priviley~ ts yiven ro prepay tha ~o1s in whol~ or in part at any time without pen~lty. Neither ferebear~nc~, nor acceptu?c~ by tM hotdar ~hereof aftcr aoy defa~lt k? ~nY p~Yments ha+eon. sMll be deemed extension. A I~te payment chuy~ oi i~0 slull be ~ added to each inslallment ramaining unp~~d 7 d~ys aft~r iri dw dst~, and s lik~ wm iMll b~ added to exh such ins~allment remaininp unp~id 7 dap after each tucteeding payment dste. Each makcr, wre~y ~nd endorser hereof, joinNy and sever~lly, waives clcmand, presentment protest and notics of protest fw nonpayment, snd furthsr eg.eei to any extension of lime of payment, either befo~~ p sfter maturity, without notice to any of us; and to pay all cosri of collec?ion, includirg • reasonsbk attorney i fee in the ~veM of ~ny default hereundc?, and hereby severally wsives alt benefit of homestead and exemptiw~ undet the tonititutan and laws of each Sate of the Unitad States, as sgainst this oblipation p any ~xteniion a renewal hereof. Witness tht h~nd and ssal of e~th party. s/Jits B. Dia?sond ~y . _ s/DoYOthv L. Diamond ~ oh~r S: ~c~~l_ ~?C~,l 7_~o~~' c ~ G $ 21. 60 ~ ~~t~ Rev~nw ~ t ($1a~.NK~~ ~fb~Il~lw~{ ~1~f~ - . NOW, THEREFORE, the MORTGAGOR for rhs purpose of secvring payment of ~W swn of :14 ~400. O~ ~ t~ coven~nn ~nd aynemsn~s hertinafter e:preued, and fw divers ~ood u~d valwble coroider~tions, by thes~ presenb, does yrant, barp~in, sell, r~miae. release. conrey and~on f'ur~ u~ro.the MORTGAGEQ its succeuon and ~stiyes. ~II that urtain lot, piecs or puul of land, titwb. IYinp, and beiny in 1Fr County of ~t ~ LuCle a~d Stat~ of Flaid~. d~scribed ~s fdlows: 'That part of Lot 3, of WILLIAM CARL90N ~ S SUBDIVISION, as peY plat thereof on f ile s in Plat Book 3, Page 24, Public Records of St. Lucie County, Florida, more parti- ~ cularly described as follows: ~ ~ ~ From the Southwest corner of Lot 3 of WILLIAM CARLSON'S SUBDIVISION rtui Fast along the South line of said lot 852.27 feet to the point of beginning (which point is 150 feet West of the West Yight of way line of Ridgehaven Road); thence at right angle with said South line run North a distance of 125 feet; therice Yun Bast, parallel with South line of said Lot 3 a distance of 150.12 feet to the W2st right of ~ray line of Ridgehaven Road; thence South, along the West right of way, line of i said road 125.08 feet to the point of intersection with the South line of said Lot 3; ~ thence West along said South line to point of beginning? ~ ~ ~ = By agreement of Mortgagoz and Mortgagee on file with { j 1Kortgagee, the within ~oYtgage secures not only an ~ ~ existing indebtedness, but also advances to be HBRS- ~ ` AFTBR made by Mortgagee to Mortgagor, the aggregate of which will equal the principal aaount specified . Q ~ in the promissory note secured heYeby.? IN PA1l~AENT ~F T~ aJE pH ap,SS 'C INTANGIBLE PERSONAL PR~~n' ~ PURSIIMIT TO CHAPi~E~ .1~~ S OF 191~;~ % f~ ; ST. WCIE C0~ ~RK CIRGIIT CW~. ~ together with all ~nd ungul~r th~ tanem~++ts, hereditamenb u+d appvrt~nces th~rwnro belaginp a in anywist spp~rtaininp thsreto. ~nd ~11 r~nts, iaxNS, ~ proceeds and prof~b sccruirg ud to +cuw from said premiset. +11 of wFud~ xe induded in tFw above and fwe9oirg dssviption a~d Mbsndwn. ~ ~ TO HAVE AN TO,FIOLD ths +bove described and 9r~nted pemises unto the s+id MORTGAGEE, its waeswrs and auipra forwa. Md th~ s~ld ~ : ~heir ~ ~~y ~~q ~th the ssid MORTGAGEE, its waeuws ~nd ~ MORTGAGOIt ey are ~~n, executon, sdrn;nistratora u+d au' +ss~, ~ ~het 'Ch lawfully seized of tM s+id prem~ses in fe~ simplr, that ths s~me ~n fre~, clsu snd dischsry~d from all liun and ~nnne~ ~ brances in bw w in equity. ~nd th~t thev will N+d their heirs shall warraM and d~fend tM titt~ ro tM sam~ to th~ s~id ~ i MORTGAGEE, iri succeuors ~nd assiy~u, fwwa~ apainst ti+e lawful clairm and dem~nds of all pe?wnss ~ PROVIDED, ALWAYS th~t if the 1NORTGAGOR ihsll pay unro the MORTGAGEE the promisso~y rat~ hereinbefor~ d~scribed and sh~ll tr~Iy, pramptly nnd fully perform, dixlyrpe. txecut~, tompkte, tomply with ~r+d ~bid~ by each u~d ewry tFw atipvl~tions, preem~nb, ta+ditioro ~nd aovananb of said ~ promiuory not~ u+d of thi~ Mwtyape, tMn tlus Mat9s~e and tFw Estate hsrsby ae~ted shall osak and be null and void. ~ IT IS UNDERSTOOD that tF~e wwd "Mwt whether in th~ si ulsr w wal an her~ in this Mo~rt shall be i ul~? if orn onl aad } ~ y+por~ ^y P~ Yw p+pt. ~^D Y shsll be plwal jointly and swer~lly if more than ww. ~nd that tM ward "their" a used anywh~r~ in this Mort~ape ahall be taken to mesn •'his,•• "hers," ~d ~ or 'its," wherever th~ context w implies a admin. Alw, that whsreve~ there is • r~fKence in th~ caven+ms and spreemenri he?sin oontsiMd to u~y of cj ~ ~he p~rties hereto, th~ s~rrN ~hsll be cw~strued ro mean u w~ll u the he'us, ip~l r~asentatives, succesiwa ~nd assipro (either voluniary by act of tlw °1 parti~s w involumary by operation of tht law) of the same and tiut rhe coven~nn F~erein comai~ed sl,all bind .nd N» benefin and adv~nr~ Gwn ~ ro the respectiw hein. Ip~l representatives, sixcesson and asi~qro of tF~ puti~s I~ereto. ~ ~ Md s~id Mwtya~ors. (a tFrm~eFva arid their Mira, teyal rep~esentafiws, wcceswn and auiy~a, h~reby jointly and ~averally cov~nt ~nd aprw ~ ro ~nd wirh tFw sad MORTGAGEE, in ~~cces~ws and aasipra: ~ ~ 1. To p~y all ~nd sirgvlar fM principal u~d intaest and tM vsrian and :vndry suns of mon~y psyable by virtw of ~id pramistwy rate, and tl~ ~ mortyaqe. ~sd? and every, pompHy on tM days retpectively the i~ ~ev~raly becorr~ dw. ~w ~ ~ 2. To psy all awd sirgvlar ths ux~s, asasu~w~n. I~vies, liabilkies, oblipataro ~nd ~ncvmbr+nces of w~ry nature u+d kind now on said dswib~d `~I ~ P?oP~Y. or that haeafter m~y bt Lnpw~d, wffKed. P~+ced. Iwied, or a~setwd ther~on, ar tiwt I+c.cah~r may b~ Itvwd a~sHassd upa~ thA Morq- ~ ay~, w tF» tndtbtedness sacvrtd iwr~by, each ~nd ~vary, wh~n dw uid payabf~, auwd'ug to law, b~fon th~y becar~ d~linqu~nt, and befw~ ury imKat ss~achet or any per+alry N incwred; ANO INSOFAR AS ANY THEREOF IS Of RKOR~ THE SAJVIE SHAII 8E PROMPTtY SATISFIEO AND OISCHARCsE~ OF ~ RECORD AND THE OR161NAL OFfIC1Al OOCUMENT (St1CH AS, fOR INSTANCE, THE TAX RKEIPT OR THE SATISfACiION PAVER OFFICIAIIY ENOORSED ~ OR CERTIFIED) SHAII dE PUCEO IN THE HANDS Of SAID MORTGAGEE WITHIN TEN DAYS NEX? AFTER PAYMENT; ~nd in tM wsnt that amr tFweof ia ~w paid, sat'sfied and distharyed sa:d MORTGAGEE may at any time pay !he same a a~y patt thereof withovt w~irinq w~ff~ctinp any optiw~, lien, pvity or •~qht unde~ a by virtue of this mo~tg~ye u~d the fvll ~movnt of euh and ~very such paymeM shall be immediatsly due and p+y~ble and shall btar intKest c.om the date thereof until p~id H rate of nine per centum pe~ ae?rwm and toyether w~th such interest sMll be secured by the lie~ of th:s mayNq~. ~"x = _ . . _ - - - - _ _ . ~ ~.a._._ ~ . ~ ~ . _ . r .;.._,~_a.