HomeMy WebLinkAbout0186 TO SECURE ~ ~ ,
~
111 the payment of a note executed by tM Mortgagor to the order of tM Mortgage baring even date herewith
in tM princiMl wm of F i f tv Thousand and No/100---------------------------------- pdyn
~ 50, 000.00 which note. together with interest thereon as therein provided, is payable ss folktwt:
In monthly payments to be calculated according to s ZS Year arnortitation sctwduN, with
tM fart eud? payment in tM amount of = 582.83 being due on the t st day of December
19 80 and s like wm on the corresponding day of each month thereafter until tM 1st day of
November , 19 8_`t.._, at which time a final BALLOON PAY:,AENT shall bt due eQuallirq
>M entire unpaid prindpsl balance of S 48.854.11 ,plus acatred interest, if any, unpaid Ua
charges and all advancements owirp under the terms of this note or the mortgage of even date herewith which •
secures it.
121 any advances made by tM Mortgage to the Mortgagor. or his wooessor.in tide. for any purpose, st any
time before the release and cancellation of this mortgage, but at no time shall this mortgage secure advances on
socouM of said original note together with wch additional advances in a wm in excess of F i f tv .Thousand and
No/100-------------------------------'OoNsrs tS 50«Q00.00 1 provided that
nothaq herein contained shall be considered ss limiting the amounts that shall bt waxed herby when advanced to
protect the security or in accordance with covenants contained in the Mortgage.
(3) all of tM covenants and obtigatioru of the Mortgagor to the Mortgagee, ss contained in a supplemental
agreement dated, executed end delivered conaxrently herewith and reference is hereby made to said note end
wppkrnantal agreement for the full terms and conditions thereof, and the same are hereby incorporated herein ss
fully as if written out verbatim herein, and recorded'purswnt to 695.02, Fkxida Statutes, in Official Record
Book 138 ~ pages 115-118 , ~ ~ pua~ records of S t . Luc i e
County, Florida.
In this instrument the singular shall include the plural and the masculine shall include the feminine end ocular.
All rights end obligations under this mortgage shah extend to and be binding upon the respective hair, a~cewtors,
administrators, woassors end awigns of tM Mortgpor and Mortgagee. '
IN WITNESS WHEREOF, we have hereunto set our hands and sacs, this 12th dy of
June , A. O. 19_$x.
THIS IS A BALLOON MORTGAGE AND THE FINAL PAYMENT OR THE BALANCE OUE UPON MATURITY
I IS = 48.854.11 ,TOGETHER WITH ACCRUED INTEREST, IF AI~A~ ~L ~ ~ 41
ADVANCEMENTS MADE BY THE MORTGAGEE UNDER THE TEAMS OF THIS MORTGAGE WWww
~ FIL£C ' AEC g
. 4b1~9665 s>aa~PaT~f
~ Signed, sealed and delivered - p.Erol cuutnY
in presence of: t gr:CB
f' tSEAII
~J~/ Gus W. Leonard _
n ~ t l~f~ /]I 1 ~Glr4'lo. . (SEALI
1SEAL1
(WITNESSES) Martha~6. Lennard~
i STATE OF FLORIDA ~ (MORTGAGOR?
COUNTY OF ST. LUCIE Gus W. Leonard and Martha B. Leonard, His Wife
Before ms personally appeared
~ to me wall
s known end known to be the individwl s dacribsd in and who executed the foregoing instrument, and aclowwNdged
~ '
before me that Theme executed sancta for the
~ u
purposes therein expensed, snd~f~ ~ull au~br~y to execute this mortgage instrument.
WITNESS my hand ! . ~ seal wit T~th d,y ~ dune , 19 80
g a~TUnN To: = ~ m Notary Public in and for County end 9tata aforesaid.
t.itiaarra Ferwel tierir~ gad Loew of ~ LYeie ~Y~
1100 t Fedwel Mf~wey, Fort Fiwe~A F i~d!•33~ ~ •
~ My oomnwssion expires: NetsA Po6ic, State of florida it large
• ' j~~~;.~~ IAy Coiamasia Ezpites l1fc. 2. 1983
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