HomeMy WebLinkAbout1533 ~vv ;
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THrs i~roervruR~. Mad. in. 18th ~y oF July ~ ~.o. ~9 ~3--. b.+~+.~
Michael D. Leathezwood and Carolyn Leathezwood~ his wife
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, of SL • Ll1C~@ Co~My Flwid~, I+Htin~ftN dt~ip~utsd ~s tM "MORTGAGOR," and fIRST FE~ERAI SAVINGS AND IOAN '
ASSOCIATION OF fORT P~ERCE. ~ aorporat~on apanis~d u+d exisfinp undN tM lav~n of tM Uoit~d Saia of Amuic~ ~nd havlrp if~ prir~cipa) pl~c~ of ~
~ buwNaf In th~ Ury of Forr Pi~rq. St. luci~ Couety, fbrkla, h~rein~f»r d~sipn~t~d ~a tM "MORTGAGEE."
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` WHEREAS fM MORTGAGOR is ju~tiy ind~bt~d 1o tl+~ MORTGAGEE In N» wm of ~ 2~ ~6Q~. O~
` ~ 9ood and I~wful moe~y of tM United
States ~dvanced by tM MORTGAGEE unto tM MORTCaAGOR, as ~v'idtnced by ~ certain promissoty twte oi even date Mrtwith, of whic~ th? i9Jlowinp In
wwdi and figurq !s ~ ttw topY. lowit:
~ f 2~i.~ 600.00 ? n~„ 1QQ~0211
fort PiNC~. Flwida, .Tt11Y Zsi 19~
Fa v~lue r~ceivcd, 1, we a either of vs, omise to
pr pay, without def~ication, to the wder of FIRST fEOERAI SAVINGS AND IdAN /1SSOCIAT N OF
FORT PIERCE at Fort pierce, Fbrids, the sum of : 26 ~ 6~~• ~0 . w;th intcrest (rom dats ~t the r~ts of 8• OX. pK annum, In monthly install.
~ men~s ~s (ollows: s 2~•0O on tM Z~th~y of OCtOb6t 19 73 and a like sum on ths cwres ~ da ot each monlh tf~rr
Pa~~~+p Y
v aiter uMil the whol~ bs fully psid. .
Each imtallmenl first shall be applied in p~ymenl of ths interest and ~hen on tM ~npaid b~b~ce of the principal wm,. If defavlt i~ mad~ in iM
paYment of a~y instatlment when due. and such default continuei 3C? days, th~n at the option of ths holder, snd witlw~rt any otFw~,notice. sft the ~ec~fnir~ ~
insrattments thall be due ard payable at once. Piivilege is Qivin to prepaY this note in whole or in p~rt ~t ~ny txne withwit pen~lty. Nsithe? for~Wu~nu,
nor acc bncs ths holder thereof afteK an defauh io an wy~t p{ s 1~~ a~ p~
~ ~P bY y y payments hereon, thall be deemed sxtensan. A Iate
added to eath installme~t remaininy ~?npaid 7 days aftK iri due date, snd a like wm shall be added to each such installment remaininp unpsid 7 days sfte?
~ eath succeedinp payment date. ' i
; Fach maker, surety and e+Kiwser hereof, jo;ntly snd severally, waives demand, presentmem protest and notice of prolest fa nonpayment, ~nd fuHher
~ agrees ro ~ny eztension of time of payme~t, either befwe_.pr ~fter msturity, without notice to any of us; ~nd ro pay slt cosn of oollectio~, incfudinp a
reasa?~bk attorney's fee in the eveM of sny default i~rcunder, ~nd hereby ieverally waFves a!1 benefit of homesfexl and exemption unde? the oo~?stitution
~ and laws of each S?ate of the United States; as-a9~inst lhis obligatio~ w any exteni~oe or renevral hereof.
~tness the hsnd and seal of each party. .
~ S/ Michael O. Leatherwood ~
. ~ • , _ (SE!?U
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~ ~ ~ ~ S/ Caralvn Leatherwood ~q
~ t $39. 90 ) Stat~ Revenw ' - - - ~U i
1 (~~ca.nM~tscsa~ww~
NOW, THEREfORE, the MORTGAGOR fw tM 26 6~0 0~ p~rfornwrrc~ of tiw
_ P~rpose of s~tvrt^0 WYment of'said ~um of s ! • . and the
~ coven~nri and a9reements hereinaftec expressed. snd for diven yood snd valwbb - coruiderations, by thqe presents, does yr~nt, bary~in, sell, remise.
releass, tonvty and confirm uMo tM MORTGAGEE, iri wcceuors ~nd assigns, a0 tMt certain bt, pieoe or parcel of Isnd, sitwte, lyin~, and beirg in th~ ~
County of St . LUCI@ ~nd Stat~ of Flwida, dewib~d ~s ft+(fows:
Lot 20~ S~RWOOD ACRES, UNIT Ol~~ as per plat thereof on file
in Plat Book 14, Page 43, of the Public Reoords of St. Lucie
County~ Florida. ?
~x `v DOt MEN R
F_ FL.ORIDA 1 ~
o ~ ~S MP lA X ~ ~
DEPT.Oi REYENUE !
~M ~ ~ ~~:~~3 - : ~ ~ a. s o ~f ~ o
HIOZ - ~ ' . ~ ~ ~ alw~i ~lU~ uM,i ~ ~ 1'n. G-~-
° ~ PURSUAIR fO~~IA/~E~ 7~•s~• y~ c
~q~1t POtiRAS / "
. ~ apqN'( ppURT~ ST, l1lCtE 00, NI~
togeth~r with all snd singutar the tenements, hereditamenb ~~d appunances th~rew?to belonginy or in ~nyvais~ appertainirg ti~ere% ~nd ~U rents, issues,
proceeds and profin scauing and to ~ctn~e from said premises, all of which sre indudeJ in the ~bove and for
agoirg dewiption ~ed habe+idun+.
TO HAVE ANO 70 HOLD the above desuibd and yranted premises unto 1hs said MORTGAGEE, its suoce~wn and +uiyrn fo~wM. And th~ siid
MORTGAGQR for theix ~~n, executan, ~dminatrators ar+d as~igro, he~eby covenar~b with ths s~id MORTGAGEE, its wocessan a+d assi~ns,
rhat thgv_ aze ~~~,,,f~~~y M,z~ of the said piemi~es in fee simplr, that th~ same ar~ hee, ckar and d'nch~ryed from ~II Ikro and encuro-
brances en !aw or in equity, and that they theiz Wursnt u~d defend ths titk to tM aams M tht said
MORTGAGEE, in successors and auigns, fwever ayainst tF» lawful clsims and dema~ds of all persomj
PROVIDED, ALWAYS th~t if the MORTGAGOR shall pay unro the MORTGAGEE the promatory not~ hers~nb~fws dewibed and sMtl truly, promprly
and fu11Y perform, d+scharga, execute, compkfs, comply wirh and ati~de by each ~nd every the stipulatiau. ~yreemenn, cw~ditioro and oovenar?b of said
promis~o?y note and of tha M1wtg+ye, then tha Mortgaye snd the &tate hereby ae~ted shall ce~s~ and b~ null ~nd void,
IT IS UNDERSTOpp th~t the word "Mort9sgor" whether in tFw singular w plwal anywher~ in tbis Mwtyaye, ah~ll be sirgvlat if one cnly and
shsll be plural jointly snd sweraNy if mwe than one, and that the word "their" as u~ed anywher~ in tF~a AAatQape sfiall be t~ke~ to me~n •'hi~,•• "hers,°
w"in:' whereve? the conteat so implies or admits. Alw, that wherowr there is a referenos in ths cownann a„d ,yr.eme~,n herNn oontixrd ro amr aF
the puties her~% the s~me shall be cw?strued to mesn as well as the heirs. Ipal npresentatives, s~rcusson ~rd ~ssipns (eitl~ voluntary by ~ct of th~
parties or imroluntuy 6y oper~tion of the law) of the sune and that the coven~nn herein cont+ie~ed shall bind and th~ b~nefits and sdvantay~s irwr~
to tlw re~p~ctive hein, kysl r~prescntatives, succesiors and au~yns of the partits hereto.
Md s+id Mwt9agors, fa themselves and their hairs, legal represe~utives, waesson and auiyru, hereby jointljr and Hveral~y covenant and aprse r
ro and with tbe said MpR7GAGEE, its successors and ~uigra:
1. To pay NI and sin9vlu ~he princ;pal ~nd intaest ~od tlw vsrious and wndry sunn of money payable by v;rtue of said pramiswry not~, and this !
m°~t9+~e, e+c~ +^d werY. W~^+P~~Y o~ the days respectively the same sewrally becorn~ dve. J
2. To psy all and sirgular the taxes, sssesunenn, kvies, li~bilities, oblgatioeu ~nd ~ncwnbnnpa of e i
very n~tur~ and kind na~r on wd desaribed
Properh. a that heieahe? may bs ;mposed, wffa~d, pl~ced, levied, a auessad thereon, w that hereaft~r may be kvied a aues~ed upon M~is JMort~.
age, or tM i~+debtedness aecured hereby, e~d~ ud every, when d~e and p~yable, xcordirg ro law, befon they becan~ dNi~quent, snd befor~ ~ny G~hrat
attaches a any penalty is incurred; AND INSOfAR AS ANY T?IEREOf IS OF RKORD TF}E SAME SHAII 6E PROMPJLY SATISFlEO AND DISCHARGEp Of
RECORD AND THE ORIGINAL OFFICIAL DOCUMENT (SUCH AS, fOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PMER OFFICIAILY ENDORSED
OR CERTIFIEO) SHAII pE PlACEO IN THE HANDS OF SAIp MpRTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMEWT; and in the event th~t any tf~ereof is not ~
paid, uf:sfied and discharged sa:d INQRiGAGEE rt?~y st, ~ny time pay the same or any part thc?eof witho~t waivie+p or afftctinp u?y optipn, lien, squiry p
~~qht under a by virtue of thir mwtgsye and the full smouM of each and every wch payment shsll be imrnedi~tely d~e snd payabk ~nd shall btat interest i
~.om the date tF+erwf vntit paid at rste o/ oin~ per cenfum pe~ ~~rwm ~nd toyether w3th wch. inte~e~t shatl be t of th[s morptapt. ~
~oo ~~Pac~~~~~
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