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fTAT'E ~ RO~OA ` ~ ~ This lorm is tgsd in o0nrtoction
• au?~rNOri~or
liainsd wr with tnortpapss irtttrad tutdu tM
ors b lour-fsmili? provisions of
Mrs Nations) Housittp JIG.
MORTGAGE
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THISMORTGACE.datedthe 11th dayd September .A. D. l9 7$ .hyand.
bnweca Tom E. Diamond and Lois B. Diamond, his wife
hereirsatltrCtlMtdtherttortgagor,and Southern Mortgage Associates, Inc., licensed to do t
business in the State of Florida
. a corporation otganiztd and existitrg wrier the laws d -
Arkans as • hereinafter called the tarortgaRee,
W1INESSETN, that for divers good and valuable considerations, and also in consideration of the aggregate wm named in the promisso-
ry rate hereinafter described, the said mortgagor dots hereby grant, bargain. sell, alien, remise, release. convey. and confirat unto the card
tnortgsgte aY that certain piece. parcel, a tract d land of which the said mortgagor is now seized and possessed and in actual po.se.siun. situ-
S
the courtly d S t. Lu e i e 4
and State d Florida, described as follows: ~ i
d
Lot 13, Block 2, PINECREST ESTATES, UNIT ONE, a subdivision
according to the Plat thereof, as recorded in Plat Book 16,
page 34, of the Public Records of St. Lucie County, Florida.
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Oue On ri.,:~-.-_-,--__-_In PaYrtlgrttOfT~ f
Alr3nAnt ~ . _ t~'+gibl@ PefSOnOfP~ r
~ ~ r t • ~ 34. Acts 0/ ' 3
1071 '
E ;r a art TAgS q ~,p
f Cte'? ~'tcu~t s. ,u~r ~r .ude, G~
Co., Fig,
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~ 2711 ~ _t ; -t ~ t:?N~ _ ~ > +
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This is a purchase money first tttortgage executed for the express purpose
of securing a portion of the purchase price of the above described property.
This mortgage being rerecorded to include monthly interest and payment amount.
Together with all structures and improvements now and hereafter on said land. anJ fixtures attached thereto. and all rents. 'awes. pro-
ceeds. and profits accruing and to accrtrt from said premises, all of which are included within the foregoing description and the hahendum there-
of:also all gas. steam, electric. water, and other heating. cooking, refrigerating, lighting. plumbing. ventilating. irrigating, and power systems.
mxhines. appliances. fixtures, and appurtenances. which now are or may hereafter pertain to. a bt used with. in. or on wid premises. even -
though they be detached a detachable.
TO NAVE ANDTO HOLD the same. together with all and singular the tenements. hereditaments and appurtenances thercunw bebnging
.u in anywise appertaining, and the reversion and reversions. remainder ur remainders. rents. issues. and profits thereat. and :dsu all the crate.
right, title. interest. lwmesttad. dower and right of dower. separate estate. pussecwxr. claim and demand whatxtever. as well in law as in ryui-
ty. of the said mortgrgor in and to the same. and every part thereof. with the appurtenances of the sail mortgagor in and to the .ame_ and rsery
part end parcel thereof unto the wid mortgagee in fee simple.
And the mortgagor hereby covenants with the mortgagee that he is indetcasibly seiieJ of sail land in fre simple: th:u hr has full power
and lawful right to convey the same in fee simple ac aforesaid: that it shall bt lawful for the mortgagee. at all times peaceably and yuieth• to en-
ter upon. hold, occupy. and enK~y said land, and every part thereof; that the land is and will remain free from all encumbrances: That said mort-
gagor wiNmake such further assurances to prove the tee simple Ii1k to said land in said mortgagee as may be reasonably required. and thrt said
mortgagor does hereby fully warrant the Iitk to said land. and every part thereof. and will defend the same against the lawful claims of all per-
sons whontsocver.
PROVIDED ALWAYS. and these presents are executed and delivered upon the folk?wing conditions. to wit:
The mortgagor agrees to pay rho mortgagee. a order. the principal sum of Thirty Four Thousand Six Hundred Fifty
[bNars IS 3 ~ ~ 6 50 ~ 0 0 ac evidenced by a note of even date herewith. with interest from dart at the
rattof Nine and One half
per ccntum 1 9 . 5 `%1 per annum on the unpaid balance
untilpaid. The said principal and interestshalltxpayabkattheofficeof Southern tr'.ortgage Associates, Inc.,
1999 S. iJ. 27th Avenue, Miami, Florida ~n,~
ur at wch when place as the holder of the note may designate in writing, in month) ~
yinstallmentsof TWO Hundred Ninety- ~
One and 41/100 Dollarsts 291, 41 r.commencinRon
the first day of 0 e t ob e r ,19 7 $a~ on the first day d each month thereafter until the principal and
interest are fuNy paid, except that the final payment of prirtcipa) and interest, if not sooner paid. shall be due and payable on the first day of
September 2008
And shall duly. promptly. and fully perform. discharge. execute. effect. complete. and comply with and abide by each and every the stipu-
lations. agreements. conditions. and covenants of said promissory note and o/ this mortgage. then this mortgage and the estate hereby created
shah cease and be null and void.
And the mortgagor further covenants as folbws:
1. That he will pay the indebtedness. as hereinbefort provided. Privilege is reserved to pay the debt in whole, or in an ataottnt equal to ate
amore monthly payments on the principal that are next due on the nae. on the fiat day of any month prior to maturity: Provided. however,
that written notice of an intention to exercise wch privilege is given al least thirty 131t) Jey s prior to prepaymert~ ~ ~
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