HomeMy WebLinkAbout0298 2;3~993-
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1NI5 INOENTURE, Mad~ th~ Sth day of '~~e A.D. 19 betwsen
Osvaldo ht. [.eon and Helen M. Leoa, his w fe
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of St. Lucle Co~nty Flwids, 1+K~i~ftar designsted as rM "MORTGAGOR;' a~+d FIRSi FEDERAL SAVINGS AN~ IOAN
ASSOCIATlON OF fORf PIERCE, • corporation wp~~ized ~nd exi~ti~y unda tM laws o~ tM U~it~d St~t~a of Am~rit~ and havinp in principal p{~c~ of
businKS in tM Gity o/ foA Piart~, St. lucis Covny, Flaida, heriu~aftK dstiqoated ~s tM "MORTGAGEE."
WHEREAS tM NWRTGAGOR is ju~tly irxlebted fo the MORTGAGEF in ths wm of = 12 ~ 0~ t~ good and lawlul money of the U~ited
Sratss advanced by the MORTGAGEE unio ths MORIGAGOR, aa evidenced by a ceruio promisswy note of even da~e herewitb, of wh~ch tha tollowinq i~
wuds u~d fi9uras is a trw copy, to-wit:
= 12,000.00 ~,~_18~429 _
ro.r P~erc.. Ftwida. June 5, ~0 72
Fa value ~eceived, I, we or eithe? of us, prom~se to pay, without defalcation, to the order of FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
fORT PIERCE af Fort Pierca, Florida, the sum of S 12 ~ ~ with interesl from date at tF~s rafs of 7• S 96 pK ~nnum, in monlhly init~ll-
ments as follows: = 112+~ on the 1St day of AuC~uSt 19 ~2 snd • lik~ sum on ths caretp«?dinp day of each month therr
after until the whole be fully psid.
Eath installment first shall be applied in p+ymeM of ~he interest and then on the unpaid bs~+nce of the principal sum. lf d ault is made in ths
paymcM of any installment when dve, and such defavN continues 3p days, then at the option of the holder, and without any wher notice, all ths remaining
~nstallments shall be due and payabk at once. Privileg~ is give~ to prepay this not~ in whole or i~ part at ~ny fime without pen~lty. Neither (uebsara~xe,
~w acceptance by the holder the~eof sfter any default in a~Y p~Yment~ hereon. shall be deemed extensan. A I~te payment charg~ of i.iQ-. ihall be
added to each instailment remaining ~npa~d 7 days afta~ it~ deie date, and s like sum shall be added to each suci? installment runaininq uc±4eid 7 days after
each wtteedi~g payment date.
E+ch maker, surety and e~dorser hereof, joimly aod uvNally, waives damand, presentment protest and notice of protest fw nonpaymenf, and further
agrees to ~ny exte~sion of time of payment, eithK befo~e or after maturity, without notice to any of us; and to pay all msri of coltectio~, includ~rg a
reasonabk attorney's fee io the event oi any default Fxreunder, snd hereby severally waives all benefit of homestead snd exemption ~rxkr the conslitWion
and laws of each State of the United S~ates, as ~gainst this obligation w+ny exten~an w renewal hereof.
Witneu the hand and sesl of each party.
~ S/Osvaldo M. Leon ~U ~
(5~?t)
S/Helen M. Leon ~
j 18 •00
c ~ st.t~ aewnw
12 000•00
NOW, THEREFORE, the MORTGAGOR fw the purpose of securt~g p~yment of s~id sum of ~ ~ , ~nd the pe.formance of tha
coven~nts snd yreemenes hersinsfter expressed, a.~d fw diven yood ~nd vslwbl~ consideratant, by thes~ presenM, dots yranr, baryain, :el1, remise,
release, conv~y and contirm un?o the MORTGAGEE, iri suctessors and auiQns„ ~~I that certain {ot, piep or partel of land, situat~, lyirg, ~nd beinp in tM
~ SL . LttC ~@ ~ s~~te of Fbrid~, dticribsd u fdlows:
Lot 9~ Block 7~ REPLAT OR PALM GARDBNS, according to the plat thezeof on
file in Plat 8ook 12, page 42, public records of St. Lwcie County, Florida.'~
u'~ ~ Ca IfE~ n°i'
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j - JUM-~'72 :.q~ ~ v 0 O = ?
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(n V GEr1.Of CE?EKLE • ..~y^~ ' ~ M'(~T ~ ~
~}~,190112
~ q~ G~ 'C' lNTAl161d1E ~
N~T Tp ~IER ~1.134. ACt~ OF 1l11.
~ I106EI1 POI1fN1S. CGxt pRait Cowt~ SL LreM Oh Ra
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+ogetFkr with ~tl snd iingular tFK te++em~n», MrediUmenn ~nd apqxt~nces th~reunto Mtonpinp w in ~nywis~ appert~ininp tl~~to, and all renb, iu~res.
proce.ds a~+d p.ofin ~ccru~nq and ~o accrw from said pemises, ~II of whid~ an iixluded in tlk abov~ u~d fws~oin~ dnaiption ~nd h~bendum.
TO HAVE AND TO HOID the abow dewibed and 9r~nhd premises unro tM said NWRTGAGEE, ib suaesson snd auiyns forewr. Md tM saW
MORTGAGOR for t he i r ~;n, ~xecuton, administraton and ~u' ns, he.
~Q eby town~nn with tht s~id 1NORiGAGEE, its wct~swn and ~sfiprM.
~hat thev dr@ _ lawfully se~zed of the s+id premia~ in fN simpl~: that th~ s+m~ an fr~e, d~ar and d'aclwy~d from ~II liern ~nd ancwrr
brances in law or i~ equity, and that t~y will ud the ir ~~y wxrant and d~fend tFw titf~ b tM ssrew ro tM said
MORTGAGEE, its wtteswrs and sssigra, forever aQainst thr J~wfv! claims and dern+nds af dl p~rsoeaj
PROWDED, /IIWAYS that if the MORTGAGOR thall p~y unto tM MORTGAGEE the promitswy not~ her~ihbefot~ dacr~d u~d shall nvly, promptly
a~d fully perfwm, d~scharye, e:ecute, compkte, complY wi~h ~nd sb~de by each and ~very the stipvlstiau, aynertwnb, ca~ditia» ud tavenanri of said
promisw~y not~ and of tha Mort9ap~, then this Mort9ay~ and tM Esute h~r~by ofated sha!! aas~ ~nd be rw)1 ~nd void.
IT IS UNDERSTOOD that the ward "Nbrlypw" wMtlxr in the sinyular p plwa! anywM» In this Mortp~t, aMll b~ sinpul~r if w~e only and
shall b~ plur~l jointly and ~ever~lly if more than one, a~d that th~ wad "their" as vyed anywh~tr in this Mwtyaq~ ahall b~ tak~n to mean •'F~is;• •'Mn;'
w"i»:' wherever tFr contexr ~o i~nplies or ~dmin. Abo, rh~t wf~erever the~~ K a r~fe~enc~ in th~ covenann ~nd ap?e~entny her~in oontajned fo ~ny of
rhe p~rties hereto, the same shall be consrrued to mean as well p tM I+~in, {~I r~prese~tatiws, suoc~sson ~nd assigeu (sitMr volum~ry by ~ct of the
pani~s a ie~voluntary by operation of the law) of the same and th~t rh. covenana her•M conained shall bind .nd t1+• b.nefin and .dv.nfsp.s &ux•
ro the rnpectiw hein, Ip~l r~presentatives, waeswn and aa'qns of tFK parti~s iwrNo.
Md said Morryaqors. for themsdves and fl,eir heirs. Is~l representativa, successors and ~si~prn. Mreby jointly and wwrally covena~t ~nd pree
ro snd with the uid MORTGAGEE, in successws and auiym:
1. To pay ~II and sinpular the p~incipd and inte~est ~nd the wrious.snd sw+dry sums of
mwtpape. ~sci~ ~nd ~very. Promptiy on th~ d~ys resp~ctivtly the iame iewr~lly b~tane dw. ^~^!Y WY~bI~ by vwtw of ~aid promissory not~, and thts
2 To psy dl ~nd sirgvlar th~ q:a~, as~essme~». Iwies, liabilities, obliyaYans and ~ncwnbr~nces of every n~tw~ and kind now on said describ~d
wop~rtY, or that her~after rn~y be impos~d, wffered.- P~~c~d, levied. a+a~ssed ti~ereon, a th~t hereahK may bt Iwied w as~es~ad upon tf+is Mon~-
p~, a tM i~+d~btedness secwad her~by. ~ach aod every, wiww dw snd p~yablt. ~awdinQ w law, b~fae ti~ey becon+~ dslinqusnt, and befw~ a~ryr M~ta~st
attaches w sny penalty is incurred; AND 1NSOfAR AS ANY THEREOF IS OF RKOR~ THE SMI1E SHAII 8E PROMPTLY SATISFIEO ANO OISCHARCE~ OF
RECORO ANO iHE ORIGINAI OFfIC1Al DOCUMENT (SIKH AS, fOR INSTANCE, ?HE TAX RKEIPT OR THE SATISFAGTiON PAPER OFFICIAILY ENOORSED
OR CfRiIFtED) SHAU SF PLACED IM TNf HANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXi AFTER PAYMENT; and in thr event tMt ~ny thereof is not
paid, saYsfied and dischuyed ia:d MORTGAGEE may at any tims p~y tl+e same a any p~rt thereof withovt w~iving or sffectinq aMr option, lien, equity or
•~qht vnder w by vinve of this morrgaye and tAe full amovnt of esch and evsry wch paymsnt s1~a11 be immediafely dus uid payabk ~nd shall b~a i~ter~s~
~~om tbe dafe thereof ~nti1 p~~d at rare of n~ne per centum pe. annvm ~nd topeth~ w~th s int MII be secur~ hs lien of th:s morpt~pe.
saoti ~uc~
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