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Mon~a~e and Securlty A~roement
This Mortgage is made th~s 18th day d JAN. 1990 by
VINCENT L. LEONARD JR., !lARRIED AND, !lELISSA LOUISE LEONARD, HIS IiIFE
("Mortgagor"), and Bamett Bank of ST LUCIE COUNTY ("Mortgagee"),
the address d wh~ch is P 0 BOX 85-7220 PORT ST LUCIE, FLORIDA 34985
Wttnesseth:
WHEREAS. Mortgagor ~s indebted to Mortgagee m the princ~pa~ sum of
TEN THQUSAND THREfi HUNDRED TfiENTY ONE AND 74/100
together wnth ~nterest thereon, as evidenced by that certain prom~ssory note of even date
herew~th, executed by Mortgagor and del~vered to Mortgagee, the final payment of which is due on or before the
~ FEB. 4,1995
day of
(the "Noie"), wh~ch by reference is made a part hereof to the same extent as though set cut in full herein;
NOW, THEREFORE to secure the performance by Mortgagor d all covenants and conditions m the Note and in this Mor-
tgage and ~n al1 other ~nstruments secur~ng the Note, and in order to charge the properties, interests and nghts here+nafter
descr~bed w~th such payment and performance and to secure addit~onal advances, renewals, extens~ons and modificat~ons
thereof and for and in consideration of the sum of Ten and no/1~0 Dollars ($10.00}, Mortgagor dces hereby mortgage. selt.
pledge and ass~gn to Mortgagee and, where applicable grant a securi,ry interest in:
; The Mortgayed Property
~
~ (A} All of the land in the county of ST. LUCIE COUNTY described below:
i LOT 48, BLOCK 1440, PORT ST. LUCIE SECTION FIFTEEN,ACCORDING 1ST MORTGAGE
~ TO THE PLAT THEREOF AS RECORDED IN PLAT BOOK 13, PAGES 6, 6A
' THROUGH 6B, OF xHE PUBLIC RECORDS OF ST. LUCIE COUNTY,
; FLORIDA. -
! - sT~'1'E- ~F~-FL..UR'C?A. ~
~ G; " DOCUMEN~ARY,;-: ~,~~;STAM~ ~.i ~ ~
~ ~ ~ pE~* ;1c p~VENVEtt. • 1
_ ~AN24'99 ~ ~ ~ 0 4
~ - -~~___.~-.Y~`sr_I ~ 3
~
~
C
~ to have and to hold the same, together w!th all the ~mprovements now or hereafter erected on such property and all f~xtures
' now or hereafter attacned thereto, together with each and ev~ery tenements, hered~taments, easements, r~ghts, powers, pnv~teges.
~ ~mmun~t~es and appurtenances thereunto belong~ng or ~n anyw~se appertan~ng and the revers,on and reversions, remainder
~ and remainders, and also a11 the estate, r~ght, title, ~nterest, homestead, right of dower, separate estate, property, possess~on
and claim whatsoever ~n law as well as ~n equ~ty of Mortgagor ot, ~n and to the same ~n e~rery part and parcel thereof unto
~ Mortgagee ~n fee s~mple.
s
_ (B) Rsgether w!th a secunty interest in ail personal property, excludmg hausehold goods wh~ch are not purchased w~th the
proceeds of the Note. and fixtures aff~xed to or located on the property descr~bed ~n paragraph (A).
(C) Together w~th alt rents, leases. ~ssues, profrts. revenue. ,ncome proceeds and other bene!~ts from the property descnbed
~n paragraph (A} hereof to be appl~ed to the ~ndebtedness secureii heretr~, prov~ded however, that pe?m~ssron ~s hereby g;ven
to Mortgagor so long as no default has occurred hereunder, to coliect, rece~ve, and use such benef~ts from the property as
they become due and payable, but not in advance there~f.
~ (D) AII msurance polic~es and proceeds thereof an~ all condemnaUOn proceeds, awards, damages, a~d cla~ms reia0ng
s to or denved from the property descnbed ~n paragraphs (A), (B) and (C) hereof.
~
~ (E) Everyth~ng referred to ~n paragraphs (A), (B). (C) and (D) hereof and any add~UOna+ property hereatter acqu~red by
~ Mort and su to fhe I~en of th~s Mort
= gagor btect gage or any part d these propert~es ~s here,n referred to as the "Ma!gaged Properiy"
~ PRrJVIDED ALWAYS, that ~f Mortgagor shall pay ro Mortgagee the Note at the bmes a~d ~n ihe manner sUpula?.ed there~n.
~ and ~n all other ~nsiruments seCUnng the Note. ~nclud~rg renewals, exiens~on or mod~f~cat~on thereoi, and ~n this MoRgage
~ and ~n all other ~nstruments sec~~nng the Note. to be kept, periormed or observed by Mortgagor, then !h~s Mortgage. shal,
f
~ cease and be w~d but sha!I oiherw~se rema~n in fuil force and eNect
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