HomeMy WebLinkAbout0001 2266~2 b~ ,
THIS INOENiURE. Ilbtl~ ~th ~ ~ ~ ~ ~Cb~ ~r~ b.w..~
t,awr~nc~ Drayo~ritch and Joaa Draywilch, h wil~ _
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o{ St. L~1C~~ ~ Cpynty Fbrid~. Iwr~iewflN dNipn+~ed u~tM "MQRiGAGOR." ~nd FIRST FE~ERAI SAVINGS AND LOAN
ASSOCIA110N OF fORT PIERCE, a oo?poration ap~nls~d Md ~xistinp wd~ tlw larin d th~ Unit~d S~~tN of M~aiu and Mvkq in principal pbce of
bwir~u~ M tM qty d Foh Pi~ra. S~. lucl~ Cour?ty. flafda. I+KNnaha d~sipr+at~d a th~ "MORTGAGEE."
WMEREAS tM MC)RTCsAGOR A katly ird~bqd to tM MORTGAGEE in tM swn of t 16tQ~ 9ood ~nd law(ul n,o~ey of th~ Un~t~d
S~a»s ~dvanad by tM MORIGAGEE un~o tM 1MORTCsAGOR, as ~vid~nud bp a ctrt~~n promilsa~ry ~01~ of ew++ daq M*~with, of wh~th th~ (ollowir+p in
wotds ~nd fg~rp ia • trw topy, towit:
~,i~, 3-18,137
r«~ P»K.. Fwrw.. March 28 i9_2~
Far valw ~~c~ived, 1, w. o? .i~he. of ~n, p.omis. ro pay, without d~fdution, to the order of FIRST FEDERAL SAVINGS ANO IOAN ASSOCIATION OF
FORT PIERCE at Fort PiKa, fbrida, tM wnn of = 18.~0.00 wi~h intenst from dat~ at tM r~b of7~~Jf. pM w~eu+rh b? ma+thly Guall-
menn as fotlows: i 1'~,~ oo d,. lst d,y ,f Mav i9 72 .~,d . uk. on ~h. ow~e~Po~+d~~ d.y of ~w~,~, *he~«
after ~ntil the whol~ b~ fully p~id.
E+ch ins~+liment first shall b~ ~pplrod in payment of th~ interest and then on tM w+paid balu.oe of the princip~l wm. If d auh is m~ in tM
paYment of any imtallme~t when dw, uid such defavh continues 30 d~ys, the++ at the option of th~ holder. ~nd without sny other notice. ~0 the nmsGunp
~nstallments ihall be dus and p+yable st once. Privil~ is yiren to pr~pay tha nWe in whole o+ in put at ~ny time witi+ouY pen~hy. NeithK forebNnna.
no~ ~tceptanc~ by the hoWe~ thereof sfter aey default in any payments hcreon, sMll be deemed extension. A Iste psyment th+rye of ~ 7~~ tMll M
added to each installmeM rem~inieg unpaid 7 d~ys afttr iM dw dat~, and a like wm shall be added to eath such installmant remainir~y unp~id 7 days affet
each wtoetdirg p~yment date.
Each m+ker, surety snd endorsar hereof, 1andY +^d severatly, w~ives demand, presentment protest and notice of protest for nonpayment, and fuAlw~
agrees to any extension of tim~ of psyment, either before w after matwity, withow notice to any of us; +nd to pay all cosn of colkction, includirg •
reasonabk attorney's fce in the event of any default hereunder, i~d hereby uverally wsires all benefit of homestead and exemption v~der tFw mn~titWion ~
and laws of each Sute of the tinited States, u against this obtigatan or ~ny exta~nion or renewal F+ereof.
Witness the Mnd and seal of esch partY.
S/Lawrenc~ Drayovitch ~
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S/Josn Drayovitch ~ y
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27 .00 t g4„e,,,,. i
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NOW, THEREfORE, ti+~ MORTGAGOR for tha purpose of secv.ieg p~ymeot of asid wm of ~ 18~~~•~ . aed tM perform+nce of th~
COVfMflb i~1d ~t!!Tlt1b FINNMftlf fJ[(Nl3f!!'J. ~nd for divers 9ood u+d wlwble considentions, by tMse presants, do~s pr~nt, bar9~, sell, romise,
releas~, oonwy ud confirm unto the MORTGAGEE, its a~.Krnwn and usipn~, all thst certain bt, piea or puoel of land, sitwte, lyirg, and beirg in ths
~~ry ~ St• LL1C~@ and State of Flaid~, deur~ed u followa:
Parts of Lota 1 and 10, Block 19~ of Plat No. 1~ INDRIO StBDIVISI~I, UNIT NO. l~
as per Plat thereot oa ~ile in Pla?t Book 5, pa?ge 42 of the Public~ Records of St.
Lucie County, Florida, described as lollows:
Beginning at the SW corner of said I.ot 1, rwn thence northwestexly along the
rear line thereof to the Nw corner of said lot; thence Ssst along the North
line of said lot a distance of 20 feet; thence Southerly to Point o~ Beyinning.
AND ~
The Bast 80.28 leet of said Lot 10 as a~eas ured along the North and South
sides thereof.
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` ~ S~TATE ~F hLORiDA
? Z ppCUME(UTAp~~STAMP TAX
= APR-~'?2 4, i = ~pyf~ IM PAYMENT Oi jRX~
r,~ - Z~ O O= DUE ON CUISS 'C INTANGIBIE PER~DN~1~ PROPERIY~
iiD o[?i ~F etriawE = PURS131WT TO CFiAPiER 71•134. A~TS OF 1971. ~
P.B. t~oi ~ t - - t~~t Po~iwlS? Ciak G~sa1t c~omt ~~~~a.
togetMr with ~II ud sinpular the t~namenn, hereditamenb and ~ppurbnces therevnto bdorgiig or in ~nywi~e ~ppertaininp ther~to, and all na», is~ws,
prxeedt and profits ~cauiny and to acvue from s~id pnmises, all of whkh re ind~ded in the ~bov~ and forpoiig daviptioe~ ~nd h~b~rdNn.
TO HAVE AND TO HOID the ~bov~ described and yranted pramis~s unro tM ~aid MOR7GAGEE, its wasaors and ~ssipns forwa. And th~ t+~d
MORTGAGOR fot htin, executon. ~dministrstws and augru, hKeby town~nts with tM s~id NWRTGAGEE, hs wooeaas ~nd asiWM.
that th6v ~@ lawfully stized of tiw s+~d preinisn in f~e simpl~: tFwt tM s~n» sr~ frse. clesr ~nd d'nch~rp~d from all li~ns ~nd ~ncvn?
bnnc~s in law w in puity, and tha~ tb@y will and t~~ hein sMll warnnt and d~ferd th~ titl~ fo Nw s~me to tht wid
MORTGAGEE, its successors and auipm, fa~vei apainst tM Iswful dsims and damands of ap perarot
~ PROVIDED, ALWAYS tMt N tM MORTGAGOR shdl p~y unro the 1NORTGAGEE the pranissory noN haninbefon d~suib~d and shdl ttuly, pranpfly
~ a~d fully p~rform, dischupe, exetvtt, compbt~, tamply with and ~bid~ by ssth and ~very th~ stipulatioro, pnemu?b, conditioro ud oownanb of Nid
~ promiswry not~ uK! of tha Mort9+pe, tMn this Matqap~ and tM Eit~te henby created sh~ll ews~ ~nd b~ null and void.
IT IS UNOERSTOOD that tM word "Morty~yor" whether ie tM sinpular a ptunl anyrvher~ in this Morty~e, ahall b~ su+pular if one only ~nd
~ shall b~ plural jointly u~d s~wwlly N mon th~e one, and that tM word "th~'v" ~s vud ~nywl~~ 1n this Mortpap~ sh~ll b~ tak~n to n»an "hb." "hen,"
or 'its," wher~wr the oonteat w implws a dmits. Abo, that wFwwer then it s r~fKe~x~ ~n ~h. cw.~+a~n aod .~r.ar~enn har«n aa+r.~ned ro a~y of
rhe partis~ hsr~to, the same ahall b~ oomnued to m~~n u well ~s tht hein, kp~l npresenutives, wa~swrs and ~ssipro (eithu voluroary by act of t!N
panip or involuntary by ope~ation of tFw bw) of the saen~ and that the oow~++nn henin containad ahsll bi~d and th~ b~nefits ~nd advantsp~s irwrt
ro th~ re~psctiw Mirs. Ip~l r~prewnt~tiva, wcaesfors +nd asvym of tM p+rtih haeto.
Md said Mwtpspon, fw tMm~lva and thei~ I+sin. lepal reprs~enutives, succ~ssas and +uiDms, henbY iou+tly and sw~rally aoven~m a~d apr~e
ro and with th~ aid MORTGAGEE, its s~?cuswrs and assgm:
1. To p+y all and sinpvlar th~ printipal and intsr~st u~d tM vsrio~n ~nd sundry wma of ~norwy psY+ble by virtw of said pramiswry not~, and Nda
^+ort~~. ~ach and tvary. PromPtly on th~ dsyt r~apaetively tFr sam~ s~wrally becoen~ dut.
2. To pay •11 a~d Nrgular tM ta:a, ~sshsrn~ms. Iwks, liabilities, oblip+tiom and encu~mba~oa of ~very n~hx~ ~nd kind now o~ s~id daalb~d
w~W+~Y. a that hereahK may b~ impowd, suff~nd. Pbad. Iwied, a w~ssed thuwn, w th~t hsr~ah~r may b~ Iwiwd a a~~awd ~pa~ tF~k Map~
+qe, a tM ind~bt~ss s~a+nd Fwr~by. ~+d~ ard tvwy, wMn dw and payabb, aocord~np ro law, befoh they become ddinqu~nt, ai+d b~iwt airy k~Nrea
ett~cha or sMr p~nalfy is incwred: AND INSOFAR AS ANY TMEREOF IS Of RECORO iHE SAME SHAII 6E PROMPTLY SATISFIED AND DISCFiARGEp Of
RECORD ANO ?HE ORIGINAI OFfICIAI OOCUMENT (Sl1CH AS, fOR INSIANCE, THE TAX RKEIPT OR THE SAT~SFACTION PAPER OFFICIALIY ENDORSED
OR CERTIFIED) SHAtI 6E PlACEO IN TFiE HANDS Of SAIO MORTGAGEE WITHIN TEN OATS NEXT /1FTER PAYMENI; and in t!w evtM th~t My tFwnof it not
pa~d, ut:sfied ~nd discharg~d ~+:d MORTGAGEE may at any tirn~ pay the same or ~~ryr p+r1 thereof without w~ivir~y a~ffectiny nry? optia+, lien, equity a
.pht unde? a by virtue of this mortyay~ ~nd tM full amount of each u~d wery wch paym~M shall b~ immsdiatey dw •nd p,yble and sMll bw ~nr..ea
<<om th~ dat~ tMr~of until paid ~t r~te of nine pa unt.xn p~r +nnum a e~lf~~ s~~nte?at ~ be sec~red by tl+e lien of th:~ morytap~.
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