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Home My WebLink About1018 ~ 269~~9 TNIS (N~ENlURE. Madt ~h~ 2~~h da of November Y A.D. 19?3 bN+ree~ _ Andrew Borbotko and Beatrice Borbotk~o, his wife of -~t. Lucie ~p~nty Fiorida, here~~afler dasgnsred as ths "MORTGAGOR;' and FIRS~ fEDERAI SAVIt~GS A!vD tOAY ASSOCIATION OF FORT PIERCE, a cwporatioe~ wq~ni:ed and ea~seing ~nder rhe laws o~ the U~~~ed St~t~s of /4neriu ~nd havirg its prinupat p!a_a of buiines~ ie~ rM Ci?y of Fw~ P;eres, $L Lucis County, Flaida, t~eroinahe~ designafed is tM "MORTGAGEE." WNEREAS th~ MORTGAGOR is justly indebted to the MORTGAGEE in ~he sum oi S_ 26 ~ OO~' ~ yood ~nd lawful money of thc Un ~rd States adwnced by the MORTGAGEE unto ?he i/i[',OR~~a~wd~p~d xa ccr~a~n prom~uwy note of even daie hcrowl~h, of wh;ch ~he fo~loN~~g in words •nd (iqurss is a trw coPV, fowit: r J~i - s 26,00~.00 1002~548 Fo?t Pierc~. Flwida. ~i~i~ifa`-r~c 27~ 19 Fw value received, 1, we w eithe~ of u~, promise to pay,.wNrout defalcat~on, to the order of FIRST iEQERAI SAVINGS AND LOAN ASSOCIAiION OF FORT PIERCE at Fat Pierce, Fbrida, the sum oi 26 s~d•~ w~th interest from date at the rate ot 9• 2~,a pe~ annurn, in moruhly ~urati- ~*~ems as fos!ows: 5223•~- on the ~th day of MarC 19 74 and a ~ike sum on the cwrespond~ng day o( each mor.th rhere- afrer until rhe who!e br fvlly pa~d. Each instaliment first shakl be applied in payment of the i~terest and then o~ the unpaid balance of the princ;pal sum. If default is made in the ~ a,~ment of any iastaliment whrn due, and such default continues 30 days, then at the opt~on of the holder, and w~thout any o+her M,t~ce, alf the rema~n~ng ~nstaltments shait be due and payable ar once. Pr~vilege is g+ven to prepay this rwle in whote or in part st any time without pe~alty. Ne~thc~ forebear~nce, nor acceptance by th~ fwldet the~eo! after any default in any paymen~s herton, shall be deemed extension. A late payment tharge of s 11 ~ 15, z1,a11 be addad to each +nstatlment ?emain~ng unpa~d 7 days after iri due date, and a I~ke sum shal{ be added 1o each such instaiiment rema~ning unpaid 7 days aftd each succeeding payment date_ Each maker, surety and endwser he~eof, jointly and severally, waives demand, presentment protest and no~ice of protest for nonpayTent, a~~ f;~:t!Kr agrees to any exte~siw~ of tin,e of payment, either before w after matur;ty, wifhout not~ce to a~y of us; and to pay all costs of co!~~ct:o~, ir.c:~d,ng a reasonabk atrorney's {ee in the event of aoy defau~t t+ereunder, and hereby severetty waives alt benefit of homeuead and eaemption unde~ the tpnatitution ~nd Iaws of each Stare of the United Stafe~, as aga~nst this obGgar~oo or any ezrens~on w renewal hereof. _ W~tness the hand and ual of each pany. {SEAI) s Andrewr F3orbotl~o cseat) ~sEau s geatrice Borbotlco ~ ~39.00 ) State Revenue lSTatn~lY~?Re11lt!' C1rCNgfilf Tetl~ NO'dV, THEREFORE, ~he MORTGAGOR fo~ the purpose of securing payment of said sum of = 26+~~•~ „ a~d the performancr of the covenants and agreements hereinafter expressed, a~d for d~vers gaod and vatuab;e considerations, by these presents, does grant, bargain, sell. .em:sa, r~!ease, convey and ~4ontirm unto the MORTGAGEE, ih successors and assigns, etl that certain lot, piece or parcel of land, situate, lying, and be:ng ~n the County of Jt. ~2Cie and Srate of Flw~da, dexr~bed as follows: f~± ~iln~lc t~Sj iAi[FWfYITI pAAK~ tiN?T N(l, lA~ a~ npZ ,~~slat thru 29 D thereof on file in Plat Book 11, page 29 A,~ of the public records of St. Lucie ~ounty, Florida ~ ~ IN PI?'(ME.t~ ~ ~fR?r ~ ~ IKillll6~~ ~~NI?l 1~;- ~ ~S,S TS OF ~ ST E~=j~ F L.~ R~~ A ~ ~r~ j0 ~i r°`Tw?s~ ~GCUMENZARY,E'" 'tSTAMv 't. ~ ~ ~ ~i~ S'~ c°-Z `r LE?T UF 4cYfH'JE ` j'~~=~ ' ~ yr ~ ~ } 1~ A4 QQ O O ! ,aC _ ~ ~~/~L~1~1~ ~ ~ V ~ N - ~H- ti ~ r' = Illn? ~-`a..1+~.~.---+'.r O ~ogether with ali snd singular the tenements, hereditaments a~d appurtances thcreunro belongirg w in anywise appertaining thereto, a~d all rents, issues, p~oceeds and profits xcruirx? and to accrue from said premises, all of wKKh are included in tF~e above ~nd foregoing description and Mbendum. TO HAVE AND TO FlOID the above described and gramed premises unto the aaid 1KpRTGAGEE, its successon snd auig~s fuever. Md th~ pid the..r MORTGAGOR for heirs, e:ecuto~s, administrators and assigns, hereby covenants with the said MORIGAGFE, its sutt~ssors and usigro, ~hdt _they are ~~,,,{uti ieized of the said y prem~ses in fee simple; that the ssme are free, ck~r and dischsrged from all I'~cns and encum~ brances in law or in equity, and that they wiU and thei r heirs ihall warrant and defend the titk to the ame to the said MORTGAGEE, its successors and assigns, fwtver against the lawful claims and demands of sll perso~s; PROVlDED, AlWAYS that if the MORTGAGOR ahall pay umo the MORTGAGEE ti~e promissory note herei~before dexribed and shsll truty, promptty and full~ perform, d;uAarge, execute, complete, comply with and ab~de by each and every rhe stipulatioru, agreements, conditaro and covenanri of saiA promiuory note and of this Mwtgage, then this Nlwtgage and the Estate hereby uested ihall tesse and be nuil ~nd void. IT IS UNDER5T00p that the wad "Mortgagor" whether in the singu:ar or plural snywhere in th~s Matgsge, shall be singular if one o~ly and shall be ptural joint(y arxl severally if rtwre than one, and that the word "the~r" as uxd anywhere in this Mo?tgage shalt be taken to mean "his," "hers;' or "its;' wherever the conteat w implies o~ admiss. Also, that wherever there is a reference in the cover~ann and sgreeme~ts h~rei~ cw~tained to any of fhe parties herPto, the same shall be construed to mean as wel! as the heirs, legal representatives, successon and assig~s (eilher voiuntary by act of the ry~ parties nr invotuntary by operat~on of tF~e law) of the same and that the covenants herein containe<! shall bind and the benefits a~d advantagp inure ~iJ 'o the respective heirs, legsl representatives, successors and ass~gns of the parties he?eto. ~ And said Mortgagors, for themxkves and their heirs, legal representatives, successors and assigni, hereby jointfy and xveralty covenant and ag~ee o ro and with fhe said MORtGAGEf, its successors and assigns: - 7 1_ To pay a!1 and singvlsr the principal snd interest and the var~ous and s~ndry sums of mwxy payable by virtue of said prom~ssory note, and this ~ morlgage, each snd every, promptly on the days respedivety the same severaily becpme due. a 2. To pay all a~d s~ngulu the taxes, auessments, levies, I~ab~liries, obligat~ons snd encumbrances of every nature and kind now on said desvibed Ti property, w th~t herea(ter may be imposed, suffe~ed, plxed, levied, w useued thereon, a that hereafter may be kvied or assessed upon this AAortQ- ~ age, or the indebtedness secured hereby, e~ch and every, when due and payable, accwding to law, befae 1heY becorne delinquenl, and befo•e any intdest a~taches or any penalty is incurred; AND INSOfAR AS ANY iHEREOf IS OF RECORD iHE SAME SHAtI 6E PRC•41P~lY $ATlSf1E0 A11D DI$~NARGED Oi RECORD AND THE ORIG113At OFFICIAL DOCUMENT (SUCH AS. FOR INSiANCE. THE TAX RECEIPT ClR TME SATISiA~T10N pAPER OFFiC1AlLY ENDOR$fD p~0 UR CER?IFIED) SHALL BE PLACED IN THE HANDS OF SAID MORT(',AGEE WIiHIN 7EN DAYS N~Xi AfTER PAYMENT; and in the event that any tFxreof is not O pa~d, sat sfied and dixharged sa d MORTGAGff may at any t~me pay the sa.ne or any part +hereof „„~~1wut waivin9 or aifecting sny option, lien, equ~ty a •~ah+ unde~ w by virtue of this mortgage and the f~ll amovnt o~ each and every such payrr.rnr sha{I be immediately dve and payabk and shall bea? interest t.om rhe date fher~f until pa~d at rate of n~ne per ce~tum pe. annum and togethe~ w;th such ~nteresr shal; be secvred by the lie~ of th:~ morgtsg~.