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Home My WebLink About2330 . ~ . 253629 THIS INDENTURE. lK~J~ th~ 3rd ~y of ~~y A.p. 19 73 b~tw~ , A~dre~r Borbotko and Bea rice M. Borbollo~. his wife of S~. Z.i1C~@ ~ ~pM~y Flaida, he?~inaftK d~tipnated p 1M °MORTGAGOR," ~nd FIRST fEOERAI SAVINGS AN~ IOAN ASSOCIA110N OF fORT PIERCE, a aorpaation oro~niud ~nd ~xistinp undK ths laws of tM Unjt~d Sutq of M+Kk~ ~nd Mvirp its pri~cipal pbn of busin~a ie th~ City of For1 PiKa. St. luci~ County. Fforidi, hK~i~wftK daipnar~d u th~ "MORTGAGEE." WHEREAS iM MORTG/IGOR is ~vttfy ird~bt~d Ro tM MORTGAGEE In tM ium of ~ 24 ~ 600 ~00 ,~ood ~ed lawful mooey of the Unitcd Stat~s advai+ced by the MORTGAGEE v~to th~ MORTGAGOR, as ~videnced by a caqin p?omissory noq of sven date herewith, of which ths foltowinq in wcr24 ans!_ g•r~s_ is a t~i?s copY, towit: ~ s b'ov oo - ~ 10019813 Fo.t Pierc.. F~o.id~. Mav 3, lv~.~ For valve received, I, we p either of ~s, p~omise to pay, without defalcation, ro tM wder of FIRSL FEDERAL SAVINGS ANO IOAN ASSOCIATION OF FORT PIERCE at Fpt Pieres, flwida, the sum of = 24i6~~~ with interest irom date at the r~te of7•7596 per annum, in montbly inslall- rrKnts as foHows: = 186•0O on the l~th day of ALlqtiSt , 19 73 and a lika sum on tF+e m?respond~ng day of esch month therr after uroil the whole be fully paid. Each installmeM first sMll be ~pptiad in payment of ths intercst snd then on the unpaid bal+nce of the principal sum. If default is made in tM paymeot of sny installment when due, and such default continues 30 days, then at the optiw~ oF ths holder, and without any otF~ notice, all the rem~inirg installments shall be due and payable at axe. Privilege is given to prep+y thu rate in whote w in psrf af any time without penalty. Neither forebearance, nor acceptance by the holde~ thcreof afte~ any defavk in any paymenrs hereon, shall be deemed extension. A late payment chsrge of s-.~ a~Q.., sh~l) be added to each installment remainirg unpaid 7 days after iri due date, snd • like sum sha~l be added to each svch installment remaining unpaid 7 days after each succeeding payment date. Each make+, surey and endwsen c~reof, jointly and severally, w~ives demand, presentmrnt protes? and notice of p~otest fw nonpayment, and further agrees to a~ry extensan of time of payment, eithe~ before or after maturity, without notrce to any of us; and to pay all wsts of rnllection, includinq a reasonable atto~ney's fee in the event of sny default hereu~der, a~d hereby sevually waives atl benefit of homestesd and exemption under tFa cartstitution and taws of each State of the United States, as aga'enst this obligation o? any extensior+ or renevral hereof. Witness the hand and sea! of each party. (SE~?q s/ Andre~w Borbotlw ~q (sFaU s/ Beatzice M. Borbotko ~ ~ $36~90 ) stste Revenue csfa4,p`uocsll~d ea. oripiod 1,ote) NOW, THEREFORE, the MORTGAGOR for the purpose af securing psyment of said sum of s~4~~0•~ , ~nd ths performance of thi covenann and agreements hereinaHer expreued, and_fw divers good and valwWe considerations, by thes* presenri, does graro, bar~sin, sell, remise, release, convey and confirm unto the MORTGAGEE, its successors and auigns, all that cert~in lot, p'~ete or pucsl of Isnd, situate, lying, ar~d beinp in tM Counry of St. LLiC~@ ~nd State of Florid~, dewibed ~s fdlows: Lot 9, Block 70, LAKEWOOD PARK, [)NIT NO. 7, according to the plat thereof recorded in Plat Book.ll, page 13, Public Re~rds of St. Lucie County, Florida ~r ~ . N A oa ~L~ORIDA IN PAYUEtR OF?~ - o~ ° DO~ ENTARY ~STAMP ?A X j INTAN6IBLE PER90W11 PfR~PERiY~ ~ ~ OEPi.OF REYEIIiIE # p(~~r TO Ct1APiER 71-13~. ACiS OF 3Y/1. ~ p.s. = w~r.~n : 3 6. 9 0 t ~os~ Po,r~us o= ~uo: ~ GFJtK CIRCUIT OouRT~ ST. WCIE oo. Fu j ' together with sll and si~gulsr the fenements, hereditaments and appurtsnces thereunto belongirg a in anywise +ppertaining thereto, and all rer?h, iuues, ~ p~oceeds and profin scuuing and to acave from taid premises, all of whid~ ue included i~ the ~bove and foreyoiny deuriptiar and habendum. • ; TO HAVE AND TO HOLD the above desvibed snd g~anted premius unto the aaid MORTGAGEE, iri wotassws and ~ssigns fotwa. Md Th~ wid their ~i MORTGAGOR for hei~s, executors, administnton and assigns, hereby tove~tnb with fhe ssid IIAORTGACsEE, its succts~on and atslpro, rhat they arei~~~ii xiud of the said Y premises in fee simple; thst the sane ~re frse, clea~ :nd d'eschar~ed from ~11 liera ~nd ar?tw~r brsnces in law w in equity, and that t~eV wiil and their heiri sF~al1 wsnant and defend t}~e title to the ~am~ to ths s~id MORTGAGEE, its successon and suigns, forever sgainst the Iawful claims and demarwJs of all persaa; PROVIDED, ALWAYS thst if the MORTGAGOR shsll pay ~nto the MORTGAGEE the promiswry ~ote F~ereinbefore described a~d sh~ll m?ly, promptly and fully perfam, dischsrge, execute, complete, comply with and abide by esch snd every the stipulations, apreemenh, conditians ind covenanri of aid promiafory note and of this Mortg~ye, then thi~ Mwfgsge and the Estafe hereby veated shall ceas~ and be null and void. IT IS UNDERSTOOD tFwt the word "Mwtgagor" whether in the singular or plural anywhert in this Matpaye, shall b~ sinpvlar if one anly u+d shall be plural jointly ~nd ~everally if more tFwn one. ~nd that the word "tF~eir' ss used anywf~er~ io this Mwtyspe shdl be taken to msan "h'a,•• "F»rs•• or "its," wherever the contex? w implies or ~dmin. Also, tF~at wherever there is s referer~ce ~n rM covenann and ay.aeme~» he.e+n ooms'u,ed ro any of , the p~~ties hereto, the same ihall be caatrued to me~n ss well as ths heirs, leg~l r~presentatives, waessors a~d assigro (either volumary by act of tl+~ pa.ties or involumary by oper~tion of the law) of the seme uid thst the tovcnsnn herein contair~ed sMll bind and ths benefits and ~dv~ntapes inw~ to the retpective hews, kyal representatives, successon and ~u?yns of ths puties hcreto. 'i And said Mongsgon, for themselves snd their hein, le~al represmtstives. successors snd assiyra. F?e~eby jointly and sevaally covenant and pree to ~nd with tl+e ssid MORTGAGEE, its s~cceswn and suigns: ' 1. To pay all and sirgular tix pri~cipal snd interest snd the varia» and svndry swro of money p~Ysble by virtue of said promissory nof~, and this i mort9sge, eath and every, promptly oo the days respectively ths iame ~ev~r~lly become dw. 2. To p~y all ~nd sirgulu the ta:es. ~ssessments, levies, li~bilities, obliy~tans and erKVmbrances of every nature ~nd kind now on said desa~ed ` property, a ~Mt Fx.esha msy be imposed, suffered, placed. Iwied, or asses:sd tbersun, or that hereakei may b~ levisd a~ssessed upon thi~ JNort~ ~ aps, a ths indebtedness secured hereby, each ~nd ~very, when due and psyabk, accordirg to law, b~fae thty becoen~ delinquent, and b~for~ a~ryr iM~rest ' attethes w ~ny pen~lry is inturrcd; AND INSOFAR AS ANY THfREOf IS OF RKORD THE SAME SHAU 6E PROAMitY SATt5F1ED AND DISCF1/tRGED Of , RKORD AtVp THE ORIGINAt OFFICIAI ~OCUMFNT (SUCH A5, FOR INSTANCE, THE TAX RKEIPT OR THE SATISFACTION PAPER OFFICIALLY ENDORSEO OR CERTIFIED) SHALL dE PLACED IN THE HANDS OF SAIp MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; ~nd in th~ event that ~ny N~ereof is nw p~id, sat'sfied and dischar9ed ss;d MORTGAGEE may at •ny time psy the same a any part tFwsof withovt wiir;np w affectinp any option, tien, sqviry or .iqht under a by virtue of thii mortg~e and the full amovnt of each and evcry such payment ihall be imrned;ately due and payable and ihall bear intKp~ ~rom the d~te thereof until paid at rate of ni~e per tent~m per anrwm and topether w~th s~rth interqt,sfytlt ~~y~ed by ry~JjE~q(,~h:s monQfp~. 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