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HomeMy WebLinkAbout0614 ~ +~~s~- l ~ ~ sTATE OF fIORtDA This form is us~d in conrwction q1A 1~ORN NO =1/0 Y with mortyaqt~ inwrod und~r tM Rw~iNd May 1977 o~a to lour-lamay p~ovisions ol the Nstional Houain~ l1ct. ~ MORTGAGE THISMORTGAGE.datnithe lltrl daYof September .~.u. iy 7H .hyand. ~~ween Tom E. Diamond and Lois B. Diamond, his wife hertinaftercalkdtF~emurtgagor.and Southern Mortgage Associates, Inc., licensed to do ~ business in the State of Florida ~ . a corporation organizcd and existing uoder the laws u( ~ AT'~C8.riS8S • hereinaftercalied the monga~tee. W ITNESSFTH. that tor divers good and valuabk considerations, and also in consi~ieration of the aggregate cum named io ~he pr.~mi,.o- ry note hereinafter descrit+eJ. the said mortgagor dots hereby grant, t+argain, sell, alien. remice, relea+t. ronvey. and cunfirm unto thc wiJ martaagee all that certain piere. parccl, or trac~ ot IanJ ot which the said mun~or i~ naw ceized and {+os+esxJ :+nd in xtuxl pu+x..iun. .iw- at""`f"c°"My°~ St. Lucie and State ot Fbrida, deccribed ac tullows: ~ Lot 13, Block 2, PINECREST ESTATES, UVIT ONE, a subdivision accordin~ to-the Plat thereof, as recorded in Plat Book 16, ~ page 3~, of the Public Records of St. Lucie County, Florida. ~ , T ~ Z, Receive~! e _~Q 9? v ----~_ln aaYment df T ~ Due O~ ~ - • exes .,,^:;;b~e PersonalPr Pur~~~;t~' r • - ~rys - ...a. :3~. AC13 Of 15~~. ; a ?i,t TRAS ~ Cle~k ("~.~ti:~ ,:.r . . : ucre. CO., Fla. 7i1~ 1~UA19t1! ~ ~ - - n - - . _ 1„ ! :1 ' . ~ ~ , t.'~f~~~ ~l ' ;~~11~f•S ~.K . ~.Z.-;!•?' - i ~ .~f.~~i • -`.~',i* Y - - ~ - ~ Z7~7a~~ _ - ,;d~~ _ ~~a - 5 Z Q ~ ~ ~ ~ati~fl~0~ Aoll~ ~ K ` ' _ . _ 1 ~ p~o~i ~u~ - . ` This is a purchase money first mortgage executed for the express purpose ~ of securing a portion of the purchase price of the above described property. ~ ~ Tugether with all +tructures and improvements now anJ hereafter on wiJ I:+nd. anJ fi~ture. ~It•rched lhereto. and alt rcnu, i..ue.. pro- ~ reeds, and pro6t~ accruing and to accrue trom said premixs. all of w hich are includtJ within the (oregoing dexription and ~he hahenJum there- ~ uf: also ~II g~s, steam. electric. water. a~J other heating. c~king. rcfrigerating. IiFh~ing. plumbing. venlilating. irri~ting_ and {+ower .y.tem~_ ~ machines.=appliances. fi~tures. anJ appurtenancts. which now are or may herr~tter prrtain to. ur he u+ed with. i~. or un v+iJ premi.r~_ evrn ~ ttwugh thcy he detached or detarhable. ~ TO HAVE ANDTO HOLDIht same. together with all ~nJ singular the ienemenls, hereditamenu ~nJ appurtenanrr+thereunto txlun~:ing ~ ur in anywice appertaining. anJ the re~~er+ion and revtr.~onc. rcmainder or remainJer.. rent.. i~~ue.. anJ profit~ thercuf _ anJ :d.u.Jl ~he r.iatr. ~ right. tiUe. intere~l. tx~mc+tead. Jower and righl of Jower. ,epar:ite ~~latr. pu..e+.iun. claim anJ Jtmand w hahcever. a. a ell in law a. in equi- ' Iy. uf the wid mar~gagi?r in .~nJ to ~hr .amc. and every part there~~f. w ith the :+ppurtena~ce. ut the .aiJ mort~::~~ur in a~d ~he .:~mr_ and ~ven~ ~ p~r~ and parrd lhereuf umo Ihe ~aid mon~gee in (ee ,implr. ~ ~ Aruf the mung:+gur hereby~ covenants with ttrc mortga~;er~thal he i~ indetra.iMy .riizJ uf .:~iJ I:inJ in (re .irrirlr_ ~h:rt hr h;~. fuli ~x~wer ~ •rnd lawful right tu cunvey the same in fee simple as afore~aid: that it shall tx law•ful for 1he mun~gee. at a0 ~imec ~~ccahly and quieU~ tu en- a _ ter upon. hald. occupy. and enjo~• caid land, and every ~+an thereot: that Iht IanJ is and w itl remai~ free (rom all encumhrancr.: Ihat wiJ m.xt- ~ g.agor wi!! make such further assurances to prove the tee ~imple titk ro caid I:+nJ in ,aiJ mortgaLece a~ maq he reasonably reyuirrJ. :mJ that .aiJ ' mortp,,:4tor dix~ hereby (ully warrant 1he titk ta +aiJ land, and every prrt thereut. aad N ill de(enJ Ihe s:wme a~aiml thc law (uf cla~m~ uf all ~+er- 3 wns whornwever_ ~ PROVIDED AI.WAYS. and Ihese presents •rrt eaecuteJ and delivered upun thr folluwing condiliuns. to wit: - = Themurtgagoragrce~tupaythemung:,gee.orordrr.theprincipalsumof 1h~T'ty rOUT' "'housand S1X Hundred Fifty : Ih>Ilars (S 3 4~ 6~ 0. OO 1. ac eviJenced hy a aote of evcn date herewith. Nith intere.l from Ja(e at the r~te of N i ne and OI'lE' ha 1 f pcr ctotum 1 9. rj ':1 pcr annum on the unpaid halance untilpaiJ.'Rxwidprincipalandin~erectch:illtxpayahkatthtofTiceof Southern tdortgage Assoeiates, I21C. ~ 1999 S. tJ, 27th Avenue, i~:iami, Florida ~T~~~ ~ ~ ur•at wch aher place as lhe holJer of tbr nWc may detiignale in writin~. in monthly imtallmenh o( Th i rt y Four Thous and ~ > S~X Hundred F~f'tJl - Ik~~~ars(S 34,650.00 ?.commencinFi.n ' j the 6rst day o( 19 nd on Ihe hrst Ja of each momb Ihereaf~er until ttrc rinci J and October • 7~ y c~ interest are fully paid, except that the final payment of principal and interett, if not scwner paid. ~hall he Jue and payabk un the first day o( ` September : 2008 ~ And sha11 duly. promptly_ and fully {xrlorm. discharge. executt. eHect. compkte. anJ ciimply wilh anJ rbiJe by each :~nd every Ihe ~tipu- r; ~e~ lations, agretmentx. conditiuns. and covenants of said promissory nWt and of this mortgage. lhen this mon~ge and the e.lale hereby crtaleJ shad cease and tx null and void. ~ z~ Aod ttrc mnrtgago~ further covenants as tollows: ~ I. 'il~at he will pay the indebtedne«. as hercinhefore proviJed. f'rivilegt is reserveJ to pay the dcbt in whole. cx in an ~muuM equal to one ~ _ ° ot more monthly payments on the principa) IMrt are ncxt due on the note. on Ihe fir.t day of any month priur to malurity: RoviJed. however. - ~ha( writteo notice ot ~n in~eMivn to ererci.e wch privikFe i. ~eiven at Ira.1 thirty 1 ~UI day~ priur tu prcp:~~•menl ;r~ - : _ r ~ ~,"`~"x"~~~~'~,...~s~a"'...`sas.-~->::°. ~~_'~'.5~,. , . ,~..~.~Ms~..`x"`~a s~: