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THIS INOENTURE, l1Aid~ ,~,e 19th ~Y of Novemb~ r ~ A p 19 7 j
Josc~h P. Lesoravac~e an~ Nelli~ i. Lesorav~~ ~~s ri f~
o~ St . ~uc ie ~ • ~
Cou~ty Ftorida, herei~aftM designated as the "MORTQAGOit," ~~d f1RST ~EDERAL SAVINGS AND iU:.ti
ASSOCIATtON OF FORi PtERtf, • corpor~t~on orpanized and ex:s~inp undn the laws of the Unffed Sta~~s bf Amwica ?nd havinp its principal plac~ of -
bus~++ea in ~M Ciry of Fon Pieru, St. lucK County, Fbrida, hereinaftK desiynaeed a~ ~he "1NORTGAGEE:' !
~ WHEREAS Ih~ MORTGAGOR is ju~tiy indebred to fhe MORTGAGEE i~ the sum of s 2O ~ Qood ond tawful money of the Un~ted ~
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Srates ~d+anced ~y ~he MORTGAGEf unro rhe MQR~GAGt?R, as cv~denced by a tena;n promissory note of even da~e hcrew~th, of wh~ch the foilowin9 in !
wwd~ and fi9ures ii a trw copy, to-wi~: ~
` s 20,000.00 ~ 3-la, 656
~on Pb«., Fi«~da, Novamber 19 ~971
fw value rKCi~cd, 1, we a eithcr of us, prom;se to pay, without defalcanon, to the orde~ of FIRST FfDERAC SAVINGSS AND IOAN ASSOCIATION OP
FpRT PIERCE at Fort Pierce, Florida, the sum oi j ~0 ~ ~~~s ~ vv~th inrerest from date at the rate of ?•?!6 pe~ innum, in mor?thly inslall- ~
nents ~s fo~lows: f 16~ or4 the 15t ~y of April ,~q 72 a lik~ ium on the cwrespord~ng day of each month therr ~
: etter ~ntil thc whole be fuNy paid.
Esch ~nsullment first ahall be applird ;n paymenf of ths interest and then on the unpa~d batance ot the princ~pal sum. If d sult is made in ths #
f a;mem of any instaitment when due, and such defauft cantinves 30 days, then at the opt~on o! the ho~der, and wirhout any other noYrce, all the remainin9 1
, ,nsrallmcnts shail be due and payable at w~ce. 'Priv~tege is qiven to prepay this note in whole or i~ part ~t ~ny t:me without penatty, Neith~r forebesrance,
nor accepunce by the holder thcreof afrer any defauH iq any paymems hereon, shell be deemed eatens~on. A tare paymem charge of S 2S aha1) be
. added to each inst~llment remaining unpaid 7 days afts~ iri due date, ~~d a like sum shr~l ~ added ta each tuch insrallment remaining unpsid 7 days aher
~ each succeeding payment date.
" Exh maker, surety ~ncl endorur hereof, jointly and severalty, wa~ves dema~d, presen~mcnt protest and notice of protest fw rqnp~yment, and funher
agrees ?o any e:tension of time o1 payment, eithrr bcfore w af~er msturity, without rv~t~ce to a~y of us; and to pay ait costs of col~ectan, includ~n~ ~
` ~rnsonable "attorney's fee in the event of any defau!t hereunde~, and hereby severolly waives all benefit of homestead and exemption under the cuestitution
- and laws of each State of the United States, as aga~ns! this oblr9ation or aoy eYtension or ronewal hereof.
, W~tntss the Mnd and seal of each party.
~ _s/ Jos.~ph P . Lesoravag2 ~W
' {s~?U
.
s/ Nellie I. Lesoravaqe ~y
( ~ ' ~ ~ StaM Revenue ~U
i9~'ertepr cfnCallld eir erqin~f'no/e)
NOW, TNfREFORE, the MORTGAGOR for the r ny p~y ZO OOO.OO
pu pose of secvri mcnt of ss~d sum of s ~ ~nd the performance of the
covenanb ~nd yreements hereinafter exp~eucd, and fo~ d~vcn 9ood and valwble cwu~derat;ons, by these presents, does gr~nt, baryain, ull, rem~se,
~elease, co+~vey and confirm unto the MpRTGAGEE, iri succeuors and au~pns, atl that ct~t~i~ tot, pieoe or parca! of l~nd, ~ituate, lyinQ, and bein~ in ths
~~~y ~ St . L t2C 2 C' ~nd State of Fiaida, desvibed as foJlows:
~
Lot 31, Slock 99, PO~T ~T. LUCIE ECTIc~:~ 27, as per plat thereof an file
; ir. P~~.t ~oak 24, page 5, Public recorc;s of St. Lucie Count;r, Florida,?
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_ together with sll snd singular the tenement~, hereditamenri and ~ppurtances therevnto belagirg or i~ anywise appertaininp ther~to, and ~II r~nri, istues,
P~oceeds •nd prof~n sc«viny a++d ro ~cuue from said premises, ali o1 which ~ro irxluded in the abow a~d fw~yoir~Q description ~nd h+ber~dwn.
TO HAVE AND TO HOID tM ~bove described and 9ramed premises unto the taid MORiGAGfF, its sixtessort u~d ~ssigns forever. Md tht s~id
th~ir
4tORiGAGOR for - heirs, execu~ws, ~dm;niatratw~ and augrts, he~eby coven~nts with the said MORTGAGEE, its sucussws ~nd qsipns,
rhat t h e y a r e ~,~vu k~:~d o~ t~e ,.~d
Y p?em~ses in fee simple; that tix s~me are fre+, c{ear ~nd discFwryed from ~II liem ~nd encvm~
b.ances in law a in equity. ~nd thst_tY1~~' will and thai r hein shall wurant and defe~d the titk ro tM sun~ to tht said
MORTGAGEE, in successors snd auipro, forever painst the lawfuf claims and demands of ~II persons;
PROVIDED, ALWAYS th~r if the 1NORTGAGOR shall pay ur,ro rlx IYWRTGAGEf the promasory nore hereinbefore d~scrib~d aed ahal! t~uly, panptly
a~d fu!!y perfwm, diuharge, execute, compkte, comply with and ~bide by esch and every the stipulations, ayre~menh, tonditiom and oovenants of said
prom~ssory note and of this Mwt~aqe, then this Mortg~ge and the Estate hereby veated shall cease and be ~vll and void.
IT IS UNDERSTOOp that the word "Mortyapor" whether in the s~ngulu w plvrat ~nywhere in th~s Morf9s9e, shall be sinpul~r if ont only ud
shall be pJur~l jointly ~nd ieverally if more fhan on~, ~nd that ths word "the'v" ~s ~sed a~ywhere in this Mwt9aqe shall be taken fo mean "his,•••'hcn;•
w"its;' wherever the conte~t w implies o~ sdmits. Also, that whereve~ therc is • refaence in the co..e+~a~n a~d ,y.eemeon he~NO co~~•c~,ed ~o .o~ of
the parties heroto, the ~ame sMtl be construed to me~n ~s wel! as the heirs, 1e9a1 r~presentatires, succcsson ~nd auipns (either volunt~ry by ~ct of fht
partiei w imroluntary by oper~tion of tha iaw) of tF~e ssme and that the covenants hereM coroa~ned shall and snd ~h~ benef~n a~d .dvamapes inur~
ta the respective he'us, ley~l represent~tires, successors and ass~yns of the psrtiss F~ereto. i
Md said Mortgpon, fw themselves and their hein, leyal ~epre~entatives, wcccstors and ~uiyns, hereby 'pinNy ar+d seve+ally covenant and aQr~e ~
ro and wirF~ the said MORTGACsEE, its successon and usi9ro: +
1. To pay all and sinpulu the princ;pal ~~d interest and the variovs ~nd •undry ~ums of moneY paYabk by vinve of ~sid promiuuy note, and this
^any+pe, e+ch ar?d ererY, pra*~Pt~Y on tFw days respettively the ssme sev~rally become du~.
2. To p+y alt and iirgvlar the taxes, assessments, kries, liabitities, obliyations ind encumbr~nces ef every natwt and kind now on said d~soib~d ~
P~~tY, a that heresfier maY be in+Pwed, suffered. P~aced, levied, o~ +s~eued thcreon, a that heresfter m~y bt kvad a assess~d upon thia Mort¢
+~e, w tM indebtedneu secured hereby e~ch ~nd every. when due and p~yabk, accordirg ro I~w, befwe they becan~ delirpu~n+t, ~nd befwe any inter~s~
attaches w any penetty is incurred; AND INSOfAR AS ANY 1HEREOF IS OF RKORD THE SAME SMAII BE PROA1PTlY SATISFIEO AND DISCNARGED OF
RECORD AND THE ORIGIWAt OFFICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIPT OR TNE SATISfACTION PAPER OfFICIAItY ENDORSED
OR CERTIFIED) SHAII 6E PtACED IN TME MANDS OF SAID MORT~,AGEE WtTHIN TfN DAYS NEXT AFTfR PAYMEIVT; and in rhe ~vent that any thereof is nof ~
pa~d, sit sfied ~nd diuharged sa:d MCR'vAGEE may at any time pay the s~rtie p~ sny part thereof without waiving w aff!ctiny any optio~, Iien, equify p
•~yht under w by virt~e of this mortyaye and ~he full ~mount of eich and every ~uch payment ahall be immed~a~ely due and pay~bk and sMtt bear intKCSt
j.om the da~e thcr~pf u~rif paid ~t rate o+ n~ne per cent~m per annum and tppe~?ier~vr~fi intu~st~lylf~e secured by th! lien of th's mwyt~.
8eax 1 rACE1686