HomeMy WebLinkAbout0568 254S'73
THIS INDENTURE. Mad~ th~ ' lOth d+y of May , - A.D. 19~. bNwe~n
Peter Leaving and Brenda Leasina, his wife
of $t. t+uCi~ Co~nty Flaida, h~?~in+fta d~sign+red as th~ "MORTGAGOR;' ~nd FIRST FE~ERAI SAVINGS AND LQAN
ASSOCtAT10N OF FORi PIERCE, • aaporation oryanizad ~nd ~xiitiny unda ~M Isw~ of the Unit~d Sut~s of Am~ric~ +nd h+vinp ib p~i~cipal pl~c~ of
bv~intu in th~ City of Fon PiNU. St. Luci~ Co~nty, flaida. Mr~inaft~r d~siprat~d as tM "MORTGAGEE."
WHEREAS tM MORTGAGOR it iwtly indtbt~d ro ths MORTGAGEE in ths sum of s 25~ 2~.0~ yood +nd I~wful mon~v ~f the United
Siates sdvanced by tF+~ MORTGAGEE unto the MORTGAGOR. as evidenced by a certain promissory note of even date herewith, of which the fol~oMrl~q in
wordi and fiyures is s trw copy, to-wih
~ 2 S~ 200.00 ~ 2001981i6`
~ P~erc•. Fb.~a•. Ma~ 10, ~9~.._
Fw value received, 1, we or eithe~ of vs, p~omise to pay, without defalcairon, to the order of FIRST FEDERAI SAVINGS AND LOAN A550C~ATION OF
FORT PIERCE at Fo?t Pierce, Fiorida, the ium of S 25.2~.~0 with interest from dste at the ~ate of~~96 p~ annum, M monlhly instal4
rt,enrs as follows: t 191.00 ~~he 10th day of S~tember ~q 73 and a like s~m on tF+e correspa+d~ny day of each month there-
aftH until the whole be fully paid.
Eath installment firat shall be applied in paymen? of ths interest and then on the u~paid balsnce of the principal wm. If default is made in the
paymeN of any installment when d~e, and such defa~lt tontinuea 30 days, then at the option of the holder, and without any othN notice, all the remainirp
installme~ts shall be due and payable at once. Privilege is given to prepay this note i~ whole or in part ~t any time without penalty. Neithe? forebearance,
nor scceptance by the holde? thereof afte~ any defavlt in any paymeMS hereon, shall be deemed extension. A late paymeM cha~ge of i 9• 5S sha~~ bs
added to each installment remaining unpaid 7 days after iri due date, and a like sum shall be added to each such installment remaining vnpaid 7 days after
each succeeding paymeM date.
Each maker, surety and endorser hereof, jointly a~d severally, waivrs demand, presentmcnt p?otest snd notice of protest for nonpayment, and further
agrees fo any ext~nsion of time of payrrknt, either before a after maturity, without notice to any of us; and to pay all msts of collection, includ~ny a
reasonable attwney's fee in the even~ of any default hereunder, and hereby srverally waives all benefit ~f homestead and ezemptwn under 1he constitvtion
and laws of exh State of the United States, as against this obligation w any extension or renewal Fxreof.
Witness the hand and seal of each party.
(SEAU
s/ Peter Leaaina ~?q
~U
s/ Brenda Leaain4 ~
~ S 37 . 80 i State Rever.~?e ,
(s+a~~p+-uoc~lbdotior~aaal~a.~ 25 200 00
NOW; THEREFORE, the MORTGAGOR for the purpox of secu~ing p~yment of aid sum of ~ • • ar+d the pe?formancs of tM
coveeants and agreements hereinafter expressed, and fw divers good and valwble cw?siderations, by theH presents, does grant, barysin, ull, remise,
release, convey and confirm unto the MORTGAGEE, iri s~ccessors and aui9ns, all thst certain lot, piece or putel of land, situate, lying, and being in the
Counry of St . LuC 1@ and Stats of Florida, dexribad ~s follows:
Lot 30~ SHERWOO~ ACRES, UNIT l, as per plat thereof on file in
Plat Book 14, page 43, Public Records of St.Lucie County, Florida
~Z 00 UMEN
Aj RY •-e ~T~AMPpt
A ~ -
i ~ ° DEPt. p€- ~tErEMUL ` .
~ ~ = w?rir» ~ 3 8 0 ~
~ ~ _ !
~ ~~~ot ' ~ -
. . . . ~ ~ . - RECEIVED ~ - U IN PAYMQfT OF TIU~S
DUE ON CIASS'C INTlW61BlE PERSQNILL ppppEqN~
PURSUAMT TO CHAPTER 71-134, ACTS OF 191L
Ros~c roRw~s
- CIFRK CIRqJIT COURT, ST. LIlC1E OD, FUl
together with all and singular the tenements, hereditsmenri snd appurtances therevMO belonginy w in +nywise +ppcrt+inirg thereto, and aii renb, iuues,
proceeds and profits acauing and to acuue from said premises, all of wFiKh are included in the above ~nd fore9oirg description end habendum.
TO HAVE AND jO F{OlD the above described and gr+nted premises unto the said MORTGAGEE, its suaessors u~d +ssigns fo?ever• Md th~ +~id
MORTGAGOR fw thel I - he;rs, executors, administntors and suigro, he?eby covenaMS with the said MORTGAGEE, iri succeuws and ~stipro,
rhat thev a re ~awfully seized of the said premises in fee irnple; that the same are frae, clear and d'~sch+r~ed from all Ikm and encum~
bronces in I~w w in equity, and thst theY will and thei r hein shall wsrrsnt and defend tM titk to the same to the said
MORTGAGEE, ib successors and auigns, forever agairot the lawful claims and demands of al) perso~s;
PROVIDED, ALWAYS that if the MORTGAGOR shsll piy unto the MORTGAGEf the prortiusory note hereinbefore described snd shall truly, promptly
and iully pcrform, d7scMrge, execute, complete, comply with and abide by esch ~~d every the stipulatiorn, agreemenn, conditaro and oovenann of said
promissory note and of this 1Nortgsge, then this Mo?tgsge and the Estate hereby veated shall cesse and be oull and wid.
~ IT IS UNDERSTOOD that the wwd "Mortgsgor" whether in the sinyular a plwal ~nywhere in this Mwtgaye, shall be singulsr if one only and ~
shall be plur~l jointly and severally if more thsn one, snd that the wwd "their" as wed ~nywhere i~ tF~is Mon~ag~ sh~ll be takan to me+n "his:• •'hen•
w"its;' wharever the contex~ w implies w admits. Also, that whereva thcre is ~ reference in th~ coveMms and +gr~ernenri herein oont~inad to a~ry of ~
the parties hereto, the ssme shall be construed to rrKan as well as the hein, legsl represent~tives, s~cceuors and +ui9ns (eithe? voluntary by ~ct of th~
parties or involuntary by operaYwn of the law) of the same and that the cove~snn herein conuined sh+ll bind ~nd the benefits a d a d vantapes imx~ g
to the respective hein, kgal representatives, successors a~+d au'gro of the psrties hereto.
And said AAortgsgors, fw themselves and tF~eir hein, leyal represematives, successots and ~uig~s, hereby jointly and severally covenant ~nd ~yrae ~
to and with ihe ssid MORTGAGEE, its successws and assigns: ~
1. To pay all ~nd singulsr the principal and interest and the varian and sundry sums of money p+y+bls by virtue of said promisswy aote, and this A'
mwtgage, each and every, promptly on tl+e days respecrively tF~e same sevenlly become due. ~o
2. To pay all snd ~irgulu ti~e qxes- assessments, levies, liabilit~es, obligstions snd ~ncumbar?ces of every :~atwe end k'u~d now on said desuibed p
property, a tFNt here~fter may be imposed, wffered. Placed, levied, w suessed thereon, a th~t her~afiar may be kvied w assessad ~pon this Morq- Od+
age, w tM iodebtedness secured hereby, each and every, wMn due snd pay+bk, accwdinp ro law, befw• rhey become delinquem, aod befor~ ~Mr int~?e~t
attaches w any penalty is inc~rred; AND INSOfAR AS ANY THEREOF IS OF RKORL~ THE SAME SHAII BE PROMP?lY SATISFIED AND DISCHARGED Of
RECORD AND 1HE ORIGINAI OFfIC1At DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OfFIC1AlLY ENDORSED
OR CERTIFtE~) SHAtt BE PLACED IN THE MANOS OF SAIO MORTGAGEE WITHtN TEN OAYS NEXT AFTER PAYM:NT; and in the evenf thaf ~ny the~eof is nw
paid, sat'sfied and dixharged sa:d MORTGAGEE may at sny time pay the same w any part thereof without waivirg or affectirq ~ny option, liee~, equity or
~~qht under or by virtue of this mongsge and the full amovnt of esch and every such paym~nt shall be immediately due and paysbk and shall beu int~rest
~.om the date thereof until paid at rate of nine per centum per an~wm a~d to9ether w~th iucl+ interdt ihall be secured by the tien of th:s moryhye.
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