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1HIS iNDENTURE. M+~M ~M 3rd d.y of May . . A.D. ~973 , b.n~«~
.
Andrew Horbotko and Beatrice M. BorbotkoL hia•~?ife
of -St. Lucie ~ Cp~~y florida, hk~io~ftM d~sign+ted +s th~ "lNORTGAGOR," ~nd FIRST FfDERAI SAVINGS AND IOAN
ASSOCIATION OF FORi PIERCE. ~ capaation orp~nis~d a~+d ~xistinp unda tM laws of tl» Unit~d S~atp of M+e~iu ~nd havUp in principal pl~c~ of
buti~s~ b tM Gty oi fwt PiKC~, St. luci~ Couoty, florida, Mreinah~r d~tipr?~ted as ths "MORTGAGEE."
WHEREAS iM MORiGAGOR is ~wtiy indtbfd b tk~ AAORiGAGEE in tM sum of = 24y~~~Q , yood and lawful mawy of the Un~ted
States ~dvanced by the MORTGAGEE v~to the MORiGAGOR, as evidcnced by • cer~ain promissory nole of evsn date herewith, of which 1M followinp in
wo~dt snd tiywes is a trw copy, to-wit:
= 24 .800.00 ~ 10019814
~o., P~.~c, F~o.~d,, May 3, i9 73
Fo~ v+lve ~eceivad, 1, we or sither of vs, promise to pay, withwt dsfalcatio~, to the o~der of FtRST FEDERAL SAVINGS AN~ LOAN ASSOCIATION OF
FORi PIERCE at Fpt Pierce, Florids, the sum of = 24~ 800•00 wr;th interest from date ~t the ~ate of7 ~7-'76 px annum, in monthly install-
ments as follows: a 1~•O0 on 1h~Oth day of Au9ligt , ~q 73 aod a like sum on the cwrespo~~~np day of each month thar
af?er until the whote be fully paid.
Esch installment first shall be applied in psynxnt of tha interest and then on the vnpaid balsncs of the principal wm. If default is made in ths
paymeM of a~y installment when due, and wch defa~h continues 30 days, then at the opt~ of the holder, and wi~hout any othet notice, all the remainin~
~nsrallmenfs shall be dve and payable at once. Privile~e is given to prepay this note in whole o? in psrt af any tima withouf penalry. Neithet forebea~ance,
nw scceptante by the holde~ thereof after any defautt in any payments hereon, shall be deemed'extension. A late paymeM chargs pf 4O thal) be
added to each installment remaining ~npaid 7 days afta ib due date, and a like sum shall be sdded to each such installment remsining unpaid 7 days after
each succeeding payment dste.
E+ch makar, surety and endorser hereof, jantly and severatly, waives demand, presentment p~otest and notice of protest fqr nonpaymenf, and fvrther
agrees to any extensia? of lime of payment, either before a afier maturity, without notice to any of us; and to pay all costs of co(lection, includ~ng a
reasonable sttorney's fee in the event of any default here~nde~, and hereby severally waives all benefit of homestead and exemption under fhe constitution
and lawa of each State of the United States, as ayainst this obligatio~ d any extension or renewal hereof.
Witr~ess the hand and seal of esch pa»y.
cs~?u
_ s/ Andrew Borbotko
. cs~?t)
r S37.20 s/ Beatrice~ M. Borbotko
~ Stafe Revcnue
(St~~vl~ on.oripioal .aote)
NOW, tHEREFORE, the MORTGAGOR for the purpose of secu~irg payment of said wm of S 24 aad tl~s pe?formance of tM '
covenants and agreeme~ts F+ereinafter expressed, and for divers good and valwble consideratiau, by theas presents, does grant, bsryain, sell, remise,
retease, tonvey and confirm unto the MORTGAGEE, its succeuors ~nd auigns, •II that tertain lot, piece or partel of I~nd, sitwte, lying, and beitg In ths
~~~ry ~ St. Lueie and State of Florid~, dewibed ~s follows:
Lot 9, Block 1, LAKEWOOD PARK, UNIT NO. 8A, as per plat thereof on
file in P1at.Book 11, page 47, Public Recards of St. Iucie County,
Florida,
~*a
~QCUMFN AJIY F R I Q I
_ uEPi_ OF REVENUE 5 tA M P T A~ t
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~tv~ ~ t~ v~r~~rr oF T~uae
DI~ OM CLASS'C' 1lRAI~IeI.E PERSONAL P~~APERIY,
RJRStIA!(f TO CFIAPTER 71-134, ACTS OF 19/1. ~
~AOGER PORRAS ~y
CLERK CIRCUIT COURT, Sf. LIICIE 00., FUL
i -
rogether with sll snd tingula~ the tenemenn, he~editaments and appvrtances thereunto belonginp or in anywise ~ppert~ining tF~ereto, and ~II rents, issues,
~ pr«eeds •nd profin accruing and to scwe from uid premises, all of wFiKh ~re included in the above and fote~aig destript'wn and habendum. ~
~ 10 NAVE ANO TO }IOID the sbove deuribed and granted premises umo the s~id MORTGAGEE, its wocessas and assipro forever. Md tM said f
tZIC1 I'
MORTGA~ for - heirs, executors, administratws snd auigns, hereby covensnri with ths said AhORTGAGEE, ifs suaesfon ~nd ~stipm, ~
+hat t""y d rQ lawfvll seized of tM said ~
y premises in fea simp(e; that the ~ams ~re fres, ckar and discharped from a!! !kro and sncum-
branca in law or in equity, and thst they w~~~ thei r h~in shall warrant arw! defend the titb fo tl~e sams to tM said
MORiGAGEE, in succeuors and auigns, forever ~gainst the lawful claims and demarwdi of dl persau;
PROVIOED, ALWAYS thst if the MORTGAGOR shall psy unto the MORTGAGEE the promisswy note hereinbefor~ described snd shall truly, promptly
and fully perfwm, dischar9e, execWe, tomplete, comply with snd abide by esch snd every the stiputatio~s, ayreemenh, conditions and covensrrb of said
promissory note and of this Mortgage, then this Mwtgsge and the Estate hereby aeated shsll ceass and be null and void.
IT IS UNDERSTOOQ that the wwd ••Mortgsgw•• whethn in the singular or plwal ~nywhere in this Matysye, shall be sinpular if ons o~?ly and
shall be plural joiMly ~nd severally if mwe tha~ w~e, aod that the wwd "their" as ~ned snyw6ere in t6is Morf9~ye sMll be taken to mean "ha:• •'hen••
or "in;' wherever tMe contexr w implies o? admits. Also, tIN/ WI1lIlYK 1FIN! If ~!lfNNK! Ifl iIf! COVlMt1t{ alld igfOlrtllfllf FiNl111 tOffblflld f0 ~11Y Of
the puties hereto, the ssm~ ihall be coostrued to mesn ss well n the heirs, kyal r~present~Yrves, wccessps and ssiipro (eithe~ voluntary by ac1 of tiw •
parY~es or involuntary by operetion of the Iaw~ of the s~me snd that the cove~ants hersin contained shall bind and ths benefi» ~nd adva~ts~s inwe ;
ro fFro respecrive he"as, kgal representatives, successon and ~ss~yns of tha puties hereto. ;
; Md uid Mortgayors, fa themselvts and their hews, le~l represeMativa, succeuors ~nd auiyra, hereby joimly and severally wv~nt and ~yne
i to and with the aid MORTGACaEE, its successors ~nd auiyro: .
`r
~ 1. To pay all ~nd singutar the principal and interest and the vuious ~nd wndry wms of mw~ey payaWe by rinw of said promissory ~o,te, and thn
mortgape, esch and evtry, promptly on t1x days respectively tFr same sewr~llr becar~ due.
I 2. To p+y all and sinq~lar the taxes, assetunenb. I~vies, liabilities, obliy~tiom a~d ~ntwnbrances of every n~hx~ ~nd kind now on s+id dauibed
~ property, w that hereaft~r m~y be impw~d, suffer~d, plaud. kvied. a assessad theraon, w ths~ her~~h~r may b~ Iwi~d a aseaad vpon tF~k Map-
.y~, a tM FrKkbt~dness secwed hereby, eacl~ and sv~ry, when due and payable. ~ocadinp ro law. !»fon they becane dtlinquent. ~+d befw~ any Mt~ra1
+tbthes o~ any penalty is intwred; AND INSOfAR AS ANY THEREOF tS OF RKORD THE SAME SHAIL 8E PROMPTLY SIITISFIEO ANO OISCHARGE~ OF
RECORD ANO THE ORIGINAL OfflCtAl DOCUMENT (SUCH AS, fOR INSTANCf, THE TAX RKEIPT OR THE SATISF/1CTION PAPER OffICIAIIY ENDORSED
i OR CERTIFIED) SHAII dE PLACEO IN THE HANDS OF SAID NWRTGAGEE WITHIN TEN ~AYS NEXT AFTER PAYMENT; u~d in the ~vsnt that ~ny tF~~of is oot
~ pa1d, sat~sfied ~r+d d~scharged ss:d MORTGAGEE may ~t a~y t~me pay the same a any p~n thrrrof withovt waivinp w aftsctinp ~ny option. lien, equity p
•iphf under or by vinue of ti~is mortg~e and the full amovnt of each ~~d every such payrn~nt sAdl b~ immedia~cly due ~nd payabk and shall b~u intKqr
hom the d~te tF~erwf until paid af rats of ni~e per «ntum per annum ~nd f ether with such int~r~st shall be liee~ of mor tp~. ~
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60QK 1 ?'~Gt .
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