HomeMy WebLinkAbout0094 /~iI I a)vv.~.
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THIS INDENTURE, Made ~he__ 1 St r1 day oF _ ebrua ry _ _ A.D. 19-..__., between
Andrerr Y3orbotko and E~eatrice Rorbotko,_his wi fg_ Y
of St• 1.1iC1@ ~p~nty Florida, hert~naftar daz~:y~~a~~_1 +s the "k:OEiCAGUR.° eud FIRST FEDERAL SAJINGS AND LOAN
ASSOCIATION OF FORT PIERCE, a corporation organized a~ud ex~snng undrr thr ~a,ws of 1hr United Stat~s c+F ~merica and having ita principal place of
busine:s io the City of Fort Pierce, St. luue County, florida, hereina(ter des~gr~a~ad a, tha "1NORTGAGLE."
WHEREAS the MORTGAGOR is justly indebttd to the MORiGAGEE i~ the aum of 5---~-~~ ~
7~-'•~~ good and lawfv~ money of the Un trd
States advanced by the 11iORTGAGEE ~nto the MORTGAGJR, as eYi:::;=:ced t~y a cer*a~n Nro.rissc~y n.ne of r.~rn date iir~erlith, of wf~:ch ihe toilow~ ig in
words and figures is a true cupy, lo-wit:
z 28~700.00 t~0 lOO2Q639
- fvr2 Cierce, f::a~dy ~ebruary 15~ 19 74
for value rece~ved, 1, wa or e~ther of us, prom~se ~o pay, wi~hout defaltst;a i. so !he orcler of FIRS1 FEDERAL SAVIIvGS A!~2D LQQN ASS~CiAllOV Ot
FJRT PIERCE at iort Pier:e. F~urida. ~he sum of f_,28L7~•~~ w~!1~ it.<<~:es! trr~n~ dase ai !he raie of8~?S'o y:~+ 3i:ll'JT~ :n rr~~:thly ~•:stai;_ -
~~enrs as 1ol!ows: 5--237!~ on Ihe _ 2Ot~ay of __Ma~ , 1?_.74 and a Gke wm on tne carrespan~:~y ~ay ~f eeci~ n:o~:th u~trt-
~tte~ until the who:e be fully paid.
Eath instatfinent fint shalf be app6ad in payment of tne interest and ri,en on tha unYj:d bala~te of the F-u~c:}~a' sum_ If d.fa:;h es ~r:ada 7n tlrc
;~,ment of any ins:aiiment when due, and such dafauh cont~nues 30 days, the~ at tl~e a~,=:~~: af the ho:der, ard witnaut any e±seer nc•t:c~, aei t~:e remain~~~g
~~stailments shall be due and payable at once. Pr]v~Iege is given to prepay this note in who;e c~ in part at any time w~lLcut pena.ty. ?VeSei:er fo~ebearar.ce,
i:or acceptance by the holder thereof af!er any default i~ any payments hereon, sha!! be d.•rm,til rxtension. A late (:ayms~it i:karge oi f_~1~8~~ti:as5 Y:r
~J;:ed to each instaflment remain~ng unpa~d 7 days after its due date, and a t~ke wm shail oe added to e~ch such ~nssattm~r.e ~zn:a:nir:g ~r.paid 7 daya aftrr
each succzeding payn,ent d3te. "
Each maker, surety and endorser hereof, joinNy a~d severalty, wa~ves drnand, present«*r~` prcr'r;t a~d no+~ir uf }rotest for nongaynxr~l, and turt!:er
agrees ta any eatension of ~ln:e of poyment, e~th~~ beiore or after matur~ty, wishout no~~ce tc a~:~ ot us; sr.;~ sa pay a!i costs of co~'ectien, ic:tuc~.ng a
~easaneble anomey's fee ~n thr e~ent of any defaun hereundrr, and Feceby sever~',!y vrai~es a~: b._•zef;~ of hpm[Sl2~CI and e!ee:np+ron undcr ihe c~~v=s~t~+ia~
.:rd laws of each Stare of the Unired States, as aga~nst this obi~gation or any exren:~on or renewal hercof.
Witness the hand and seal of ea:h party.
(S~AI)
/s/ Andrep gorbotko ~sea;f
(SEAU
( $~3. ,fs/ Beatrice Borbotko ~S~i~`
OS ) State Revenue
t9ramA~ eancelMed eer oAgfnal-nvte)
NOW, THEREFORE, the htQRTGAGOR for the purpose of securing payment of said svm of S 28 • 7O~• ~ ~ and ihe performance of the
covenants and agreements hereinafter expressed. and for d~vera good and valuab'e consicierations, by these presents, dces grant, bargain, sell, rem~se,
r~•iease, convey and tonfirm unto the MORTGAGEE, its s~ccessors a~d assigns, all that certain lot, piete or parcel of land, situate, lyi~g, and being in the
Counry of $t • Lueie and State of Fiorida, desa~bed as follows:
Lot 18, Block 117, LAKEWOOD PARK, UNIT NO. 9, as per plat thereof
27A thru 27D
on file in Plat Book 11, pages~ of the public records of St.
Lucie County, Florida
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> +ogether w~th af) end singutar the tenements, hereditaments and appurrsnces thereunto betonging or in anywise appertaining thereto, and all rents, issues,
oroceeds and profirs accruing and to accrue from said premises, all of which are included in the above and fwegoing description and habendum.
? TO HAYE AND TO HOlD the above described and granted premises unto the said MORTGAGEE, its successors and assigns forever. And the ieid
~ MORTGAGOR for --thel r---_- heirs, executors, administrators and ass~gns, F.ereby covenants with the said MORTGAGEE, its svccesso?s and su;gns,
rhat -theY-a re--- lawfully se~zed of the said premises in fee simple; that the same are tree, clear and discha~ged from all liens and encum-
3 brances in law or in equity, and that tt1Q~,'_ wilt and thPa~- heirs shaU warrant and defend the title to the asme to the said
3 1`JlORIGAGEE, its successors and assigns, fo~ever againss the lewful claims and demands of all persons;
~ PROVIDED, AlWAYS that if the MORTGAGOR shall pay unto the R10RTGAGEE the promissory rate he?einbefore described and shall truly, promptly
and fully perform, d~scharge, execute, complete, comply with and ab~de by eacfi and every the stipulations, agreements, condifions and tovenants of said
orcmissory note and of this Mortgage, then this Mortgage and the Es+ate hereby aeated shall cease and be null and void.
IT IS UNDERSTOOD that the word "Morrgagor" whether in the singular or ptu~al anywhere in this Mortgage, shall be singular if o~e only and
; shall be pluraf jointly and severally if more than one, and that the word "their" as used anywhere in this N4ortgage shall be taken to mean "his;' "hers,"
- or '"its," wherever the contex~ so tmpties or admits. Also, that wherever there is a reference in the covenants and agreements herein contained to any of
the parties hereto, the same shalt be construed to mean as well as the heirs, (ega) representatives, successws and assigns (either voluntary by att of ~he
parties o? involuntary by operation,of the law) oi the zame and that the covenants he~ein contained shall bind and the benefits and advantages inure
- ro the respective heirs, legal representatrves, successors and ass~gns of the parties hereto.
And said Mortgagors, fo~ themselves and thei~ heirs, Iegal representatives, succe:sors and aisig~s, hereby jointly and severally covenant and agree
to and with the said MORTGAGEE, its successors and assigns:
1. To pay all and singular tht principal and interesf and the var~ous and surtd~y sums of money payable by virtue of said promissory note, and this
? mortgage, each and every, promptly on the days ~espectively the same severally become due.
3 2. To pay all and singular the taxes, assessments, levies, liabilities, obligations and encumbrancei of every natu~e and kind now on said described
property, or that hereafter may be impwed, svffered, ptated, levied, or assessed thereon, ot that he~eafler may be levied or sssessed ~pon this MortQ-
- age, w the indebfedness secured hereby, each and every, when due and payable, accordirg to law, befo~e they become delinquent, and before a~y interesf
attaches or any penaity is incurred; AND INSOFAR AS ANY THEREOF IS OF RECORD THE SAME SHALL BE PROMPTtY SAtISftED AND DISCHARGED OF
` RECORD AND THE ORfGI{VAL OfFtCtAt DOCUMENt ISUCM A5. FOR INSTANCE, THE TAX RECEIPT OR THE SAT{SfACTION PAPER OfFICIAILY ENDORSED
OR CERTIFSEO) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WIIHIN TEN DAYS NFXT AFTER DAYMENT; and in the eve~t rhat any Ihereof is nof
pa1d, saYsfeed and discharged sa d MORTGAGEE may at any t~me pay the same or any part thereof without wa;v;ng or affecting any option, lien, equity w
•iqhT vnde~ o~ by v;rtue of this mortgage and the f~li amo~nt of each and every such payment shall be immed~ately due and payable and shall bear interest
i~om the da~e thercof untii pa~d at rate of n~ne per cent~m pe~ annvm and together w~th such interest shafl befs~c~+the lien of thfyrArg!agt.
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