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Home My WebLink About1691 2~~6~y ~ THlS INDENTURE, M~d~ the 3i~ day of ~CLpbPt A.D.`197_ 3. betwee~ A~drew Rorbatko and Beatrice E3orbotko, his wife of St • L-1lCie ~p~~ty Florida, hereina(ter designated as the "MORTGAGOR," and fIRSi FEDERAI SAVINGS~AND IOAN ASSOCIAIlON OF FORi PIERCE, a corpwation wganizcd snd existing under Ihe IaKa oi the United S~at~s of America and havin~ its principal place of buiines~ in ~he City of Fwt Pirres, St. l~cie County, flaid+, herei~after de~ig~ated as tM "MORiGAGEE:' W1IEREAS tM MORTGAGOR is ju~tty indebted to the MORTGAGEE i~ the sum of S 27a 20~•00 , good and lawful money o! the Un:~ed States ad~anced by the MORiGAGEE unto ?he MORTGAGOR, as evidentcd by a cer?a~n promissory note of aven date herew~th, of wh~ch the iollow~ng in ' worda and f' urei is a trus copy, fo-wi~: ~ 27,2~0.00 ~ 10020465 fort Pie~ce, Florida, OCtOb@Z 3~ 19 7 fw ~alue received, I, wr w e~ther of us, prom~se to pay, withouf defa!cation, to the o~de~ of F1RST FEDERAL SAVINGS AND IOAN ASSOCIATION Of FORT p1ERCE at fwf Pierce, Florida, the sum of s_ 27 ~ 2O0 ~0~ with interest from date at the rate oP ~ 2 S°io pe? an~uin, in mo~thly install- ~nenrs as fot!ows: i 23~•~ o?? rne20th day of Januarv ~q_ 74 and a like sum on the correspond~ng day of each month there- a4ter unti! the whole be fully paid. Each installment firsl shall be applied in payment of the interest and then on the unpaid bslance of tAe princ~pat sum. tf defeult ie nede i~ the Fayment o( any instaitment when due, and such deiaulf conl;nues 30 days, then at the option of the holder, and without any other noti~e, all the remaioing ~nstallments shall be due and payable at once. Privilege is given to prepay this nole in whoie or in parl at any t~me without penalty. Naii~er faCbearance, nor atceptante by ~he holder thereof after any defautt in any payments hereon, shall be deemed ex~ension. A late payment tharg~ of s_ 11 6,~ha11 tsn added to each installment remaining unPa~d 7 days after its due dare, arsd a l;ke sum shall be added to each such installment rert.aining unpaid 7 Jays after each svcceed~ng paymeN date. Each maker, surety and endorser hereoi, jointly and severally, waives demand, presentment protest and ~ofice of protest ior no~pa~,ment, and further agreea to any extension of time of paymenf, either before or aftrr maturity, without notice to any of us; and to pay all casts of collect~m, i~clud~'+g a ~easonable attorney's fee in the event of any defau~t hereunder, and hereby seve:ally waives all benefit of homestead and exemption undet ttr_ constitution and laws of each State of the United Statea, as aga;nst th~s obligation w any extension or renewal hereof. W~tness the hand and sesl of each party: (SFAI) S Anctrew Borbotko ~~A~~ (SEAI) S/ Beatrice Borbotko ~~U ( C4O • 8~ 1 State Revenue (StamDi cAUrsUed w vci~in+l~notrl NQW, THFREfORE, the MORTGAGOR for the purpose of securing payment of said sum of S 27 • 2~ ~ O0 and the performsnce of the covenants and agreements here~nafter eapressed, and for divers good and valuable considerations, by theu presents, dces grant, bargain, setl, remise, release, convey and confirm unto the MORTGAGEE, its successors and assigns, sll that certain lot, piece or parcel of land, situate, (ying, snd being in the County of St . I.UC 1 Q and State of Fbrida, deacribsd a~ follows: I.ot 12, Block 60, I.AKFWOOD PARK, iJ!~ IT ~O. 6, as per plat thereof on file in Plat Book 11, pac~e 7 of the public Yecords of St. Lucie c'ounty, ~~or ida,~ N STA'T'E ~F FL~Ri o~ ~ DOCUMENTARYr~':.;~STt~MP Tl1X ~ Z^ ~EPT. Of REYEKVE ~ ~ ~ - = P.B.-'vi.i~+i3~'- - ~ . _ - '~10.80 = ~~to2 ' 0 ' ~f tAXE~ ~ . c~ j ~N P~r ~„q,°E~~~l. ; R~~p~-5 C~C`1f ~~S ~ 1y1~. ~ ~ ON ~pSEit 11-13f. 7y ~L`.~',~ ; l-„~`~t tp Pp1tR1?S~ G1~1~ f~ g p+~-` ~R~ gt. ~ Gptl11Ci 3 t E a ~ f ~ rogether with all and singular the tenements, hereditaments and appurtances thereunto belonging or in anywise appertaining fherero, and all teMS, is~ues, ~ pr«eeds and profits accruing and to accrue from said premises, all of which are included in the above and faegoing deuription and habendum. ~ TO HAVE AND TO HO1D the above described and granted premixs unto the ssid MORTGAGEE, its svccessors and assgns fo~ever. And the said z MORTGAGOR for --~helY heirs, executws, sdministretors and assigns, hereby tovenants with the said MORTGAGEE, its s~:cceuors end sstigM, s the ar = that Y- -~awfully sei:ed of the said prem~ses 7n fee simple; that the same are free, clesr and discharged from all liens and encum- a brance~ in law or in equity, and that they wi11 and their hein shall wsrrant and defend the title to the isme fo the said ~ORTGAGEE, its auccessors and assgns, forever against the lawful claims and demar~ds of all pe~sons; - PROVIDEO, AlWAYS that if the MORTGAGOR shalt pay unto the MORTGAGEE tFx promissory note hereinbefore dexribed and sha~l truly, promptly ~ and fully perform, d~xharge, execute, complete, comp~y with and ab~de by each and every the stipulations, agreements, conditions ac?d cove~anta of said - promisswy note and of fhis Mortgage, then this Mortgage and the Estate hereby created shatl uase and be nv)I and vo;d. 3 IT IS UNOERSTOOD tf~st the word "Mortgagor" whethe~ in the :ingular or plusal anywi~e~e in this Mortgsge, shall be singular if one only and 5 shnlt be plural jointly and severally if more than one, and that the wwd "their" as used anywhere in this Mongsge sMll be taken to mean "his;' "hen;' ~ or "its;' wherever the context w implies w admits. Alsa, that wherever tF~ere is a reference in the covenants and sgreements herein containrd to any of _ rhe parries hereto, the same ~hal1 be construed to mean as well ss the heirs, legal representatives, successws and auigru {either voluntary by xt of the ~ _ parties w involuntary by operation of the law) of the same and that the covenants herei~ contairxd shall bind snd the benefits and advantsges inwe t.,{ _ to thc respective hei~s, tegal rep?esentatives, 'successws and asrgns of the pa~ties hereto. c,,~,, a And said Nbrtgagors, for tixmselves and tF~eir hein, tega! represemat;ves, successors snd sssigns, hereby joinNy and severally covenant and agree 4 " ~a snd with the said MORTGAGEE, its svccessors and sssigna: 4 1. To psy all snd singvlar tFx pri~xipal and inte+est and the various and sundry sums of money payable by virtue of said promissory note, •nd this~ mwtgsge, each and every, prompUy oo the days respectively the same seve~alty become due. ^T"'~ > T. To psy ~II and sinqvlar fAe taxes, assessments, levies, liabil;t~es, oWigation~ and encumbwnces of every nature and kind now on taid desuibed" ~ ~i propcrty, or that hereafter may be impoted, wffered, placed, levied. or assessed thereo~, w fhat hereafter may be levied or assessed upon this AAort~p age, or the indebtedncu xcured hereby, euh and every, when dve and payable, according to law, befo~e they become delinquent, ~nd before sny interest~,m artacl+es or any penalty is incurred; AND INSOFAR AS ANY THEREOF IS OF. RECORD THE SAME SHAIt BE PROMPTIY SATISFIEO AND DISCHARGED O~" REGORD AND THE ORIGINAI OffICIAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEfPT OR THE SATiSFACTION PAPfR OFFlCIAtLY ENDORSfD , OR CERTIFIEDJ SHAtt BE PIACED IN THf HANDS OF SAlD 1Y40RTGAGEE WITHiN TEN DAYS NfXT AfTER PAYMENT; and in ttx evenl that any thereof ii not Fa~d, saYSfied and discharged sa'd MORTGAGEE may at any time pay the sarne or any part thereof without waiving w affecting any opteon, Iien, equity or i •~qht under w by virtve of this mortgage and the futl amovnt of each and every such paymem sha!! be +mmediately due and payable and shall bear interest ~ s~om fhe date tFxreof until pa:d at rate of n~ne per centum per annum a~d together w~th such interest shall be secured by the lien of th's mugtage. _ a ~ : . l i _ =