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THIS INDENTURE, AMd~ t~ 26th day oi May ` A.D. 19 7~ b~lw~?
Lawrence B. Ladoski and Glendora A. Ladoski= h s tt
o{ _ St . 1.11C~! GouMy Flwida, h~r~i~fta desipoated as fhe "MOStTGAGOR," ~~d fIRSi FEDERAI SAYINGS ANO IOAN
ASSOCIATION Of FORt PIERCE. a ewporatan orpaniz~d ~nd ~xisi;nQ unds? ~h~ lav~n of tM Un~~ed Sta~~s of Am~~ic~ ~ed hav'uip ita principsl pl~c~ of
busiMU in ~M City of Fat Pisru, S~. luci~ County. fb.ida, h~nin~h~r dKpeat~d aa tM "MORiGAGEE:' ~
WHEREAS 1M MORTGAGOR is jvstly indebt~d to tM MORTGAGEE in tM ~um of = 4O~ 4~ , yood ~nd lawful monsy of tha United
wo:w ~u.a~wv~i ~ '..o ~vn:v~v:: :.:.t3 ~~~[1~w~rQ ..;.I~n.~ 1.~ ~rlsin ~+rivnia
~r _ _ .exy nore of aven date fier~with, of whith th+ foilowinp in j
word~ end fiyuret u a trw copY, to-+vit:
. _ ~Ql4~.~ ~ 1~310 ~
fat Pierce. Florida. Mdy 26 ~y 76
Fw vatue received, 1, wa or either oi us, promiss to pay, withovt defalcation, to the order of FtRSi ffOfRAt SAVINGS AhtD LOAM ASSOClA710M OF
FORT PIERCE at Forf Picrce, F(orida, ~he sum of f~ ~Q~~ 8 7 pcr snnum, in monthly inatall~
with interest (~om date at fhe rafe of • ~
•nenrs aa fo~lowa: : 333.~ a, 2Ot11 day of ~Ptesbez 19 76 and a lik~ sum on the cwresponcling day of ~ath month therr
after uMil the whole be fully paid.
Each installment fint shall be applied in psyment of the interest ar~d then on the u~paid ba~a~ce of tF~e prir~c~pal wm. If def~ult is m~de in 1M
paymrm of any installment wF~en due, u~d such def~uh cootinues 30 d~ys, then at the option of the holde+, and without any o~her notice, ~II the r~maMin9
~nataiiments shall be due and payable at o~ce. Privilegs is given to prepay this note i~ whole or in part ~t any time without penalty, Ntither fwebearuue, ~
nor uceptance by the holder thereof after ~ny default in ~ny payments hereon, sh~ll be dcemed exrensio~, A late payme~t chxge of = Z6!~.,65 shall be
added to each in:tallment remalning unpaid 7 day~ ah~r its due date, ~nd a like sum shall be added ro each such installment ~eme'rning unpaid 7 days ~fter
eath sutceeding paymept date. .
Each maker, surety and e~dorxr hereof, jointly ~nd severaily, waives de~nand, presentmenl p~otest and notice of protes~ fw npnpayment, snd funFar '
agrees to any eatensan of time of paymen~, either before o? after msturity, wifhout notice to any of us; and to pay aN cosh of collaction, includir?y a
.easonable att ney's fee in fF~e event of any default hereunder, a~d hereby aeverslly waives all.benefit of homes~ead and exe~+~ptio~ u~der the constitution
ar.d laws of ach Srafe of fhe United States, as againsl this obligation or anv extansion or re~ewal hete0f.
Wicm the hand And seal of each parry. '
1 ~ s/Lawrence B. i,adoski ~
^'1~ I 7 1 ~ ~ ~ ~ tseAq
~ _s/Glendora A. ~ado~ki . ~u
$60.60 ~ Stste Revenue • •
46wwM~o~wc~ihd-w~i~iwal ++ad • .
NON. THfREfORE, the MORiGAGOR fw the purpose of secvrinp payment of aid sum of 4~ ~ ~,~d ~h~ pNfamanc~ of tli~
covena~ts ~nd sp~aemenri hereinafter expressed, and fw divcrs good ~nd valuabl~ tonsiderations, by thesa presents, does prant, br9a~n, ull, rcmise,
release, tonvey and ta:firm u~to tht MORTGAGEE, iri ~utcessors and ~ssiynt, •tl that certain lof, piece or putel of I~nd, ~itwt~, lyinp, and btinQ fn tl»
County of $t .~11C ie and State of Florida, dewlbed e~ foUows:
Lot 26, Block 508, PORT S2. LUCI B SfiCTIQd 10, according to the plat thereof on
file in Plat Book 12, Page 49, Public Records of St. Lucie County, R2orida.
`Sr ~+Or:.w
` ,•v,+ " ~~Y'~~~ ~ • ~t /1
,s~• r ? ~,i L i' G' v~
By agreesent of Mortgagor and Mortgagee on file with Mortgagee,
-the within iortgage secnres not only an e~dsting indebtedness,
but also ADNANCES to be HBRBAFTER aade by Mortgaqee to Mortgagor,
t]~e aggregate of which will equal the pzincipal asouat specified
in the pronissozy note secured hereby.
• ST~" ~=LGRi~.< 1 ~
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r ~ C i) ~ s.~Jy, t N i A^n Y.. . C 1 i'1 ~Vi i' RECEIYEO ~ IH PAIf HIENT OF 711XfS
~1 ~~z c;~ ii%VE;iU' ! DUE QN CUSS'C INTANG?BlE PERSOYAI PROPERIY,
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+ y-•; e l~ PURSUANT TO CHAPTER 71-134, ACTS OF 1971.
- ~m +h = Pe. ~ .~,_~__~l ~i O. ; R06ER POITRAS •"'j~'t S
~ C1,ERK C1RCl11T 0011R`fi. Si. WCIE 00., FIA
togerher with ~II and sinyular the t~nemcnts, hereditame~ts and sppurtsnces thereuMO belongin9 w in ~nywise appert~inirg thento, and atl r~nq, isswa,
proceeds and profits scvuirg ~~d to xrnro from said prerruses, all of which are included in the ibovs and fwepoiny description ~~d haber?dum.
TO HAVE AND TO~O tD the above desu;bed and Qrinted premises unto the iaid MORTGAGEE, iu s~ccesson and auipns fw~ver. Md tM sald
MORTGAGOR fw the1Z ~~~s, executws, sdministrstora and atsigns, hercby wwna~h with the aaid MORiGAGEE, i» waeswrs and auiprr
rhat ~P~-~~ law(ully sei:cd of the said premis~s in fee simple: that ths sarrN ~re fne, ck~~ ~nd diuMryed from all liens ud ~ncum.
brantet in I~w w in equity, and that th~ ,Ni11 and their ~us ihall warrant and deferd th~ title to tht sam~ 1o t!w taid
MORiGAGEE, its successors ~nd auigns, fwever a9sintt the lawful claims and dem~nds o{ ~It pe?sons;
PROVIaED, ALWAYS thst if the N{ORTGAGOR shsU p~y unto the A~WRTGAGfE tht p~omis~ory note hereinbefors desuibed and ~11 truly, promptty
and futly perform, dischary~. execute, compkte, comply with •nd sbide by esch and ev~ry tFx ~tipulatio~s, a~reemenri, conditions and oovar?~nri of said
promiisory note and of this Mwtgage, then this Mortqsge and the Est~te hereby ue~ted sMll tease and be rwll ~nd void. .-r.
IT IS UN~ERSTOOp that tf~e wwd "Mortgs9or" whether in the tirgular o~ plural ~nywiiero in this AAwt9aye, sha11 b~ iinpular if ont on)y and ai~a'v
shall be p{ural jointly ~nd severally if mwe thsn one, and that the wwd "their" ~s vied ~nywhere in thia Mort9a9e ~MII be taker~ to mean "F~a:• •'Mn;,
w"ets," wherever the conteat w implies or admits. Also, tMt wherever there it a reference in the covenams and pr~em~nn he~ein contai~ad to any of ~~.~y
the parties hereto, tF~e tams shall be consuued to mean as well as the heirs, lepal r~presentatives, succ~sson ~~d assipns (either volunt~ry by ~ct of th~ ~
parti~s a involumary by operation of the law) of 1he tame and that the covenann hsrein contained shall bind and tFk be~fitf and advsma~ 4wrt ~
to the respective heirs, (eg~l ~epresentatirei, tuccessors snd au'gns o~ 1he parties Mereto.
/4id said Nbrtga9ors. for themstlvtt and their h~in, lega! rep~exMativq, wccesson ind asaiprq, hereby jointly ~nd s~verally covMa~f and pr~t ~
~
to and with the iaid MORTGAGEE, its successors ~nd assigrn: ~
1. To pay a~l and ~ingulu tha pr~nc7pat and intere~t ~nd the various s~d iundry wms of mo~eY paY~ble by rinue of s+id promifsory net~, and this
mortqage. esch ~nd every, prompfty w? tM days respectively the wme ssv~nHy become dve.
2. To pay •II and ~inyutar th~ fa,ces. ~uessments, levisi, IiabilH~, obl;pations and ~ncumbrinces of every natur~ and ki~d now on ~aid d~w~ad
propaty, a th~t hereafter may bs impo~ed, suffered, placed, levied, a aueued thereon, a that hereaft~r may b~ Mvi~d p pieaud ~?pon thh Mptt~,
+9e, o~ the ind~btedness setured heraby. ~ach and every, wMn d~e ~nd p~yabk. ~ccudiop lo taw, befae they becoms detinquent, ~nd before ~ny trttNal
attaches w any penalty is incurred; AND INSOFAR AS ANY THEREOF IS Of RKORp THE SA/NE $NA~L 6E PROMPTIY SAi15FIE~ AND DISCNARGED Of
RECORD AND THE ORIGINAL OFfICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISFACTION PAPER OfFIC1AllY ENOORSED
OR CEPi1f1ED) SHAIt BE PIACE~ IN TNf HANDS OF SIIID MORiGAGEE WITNIN iEN DAYS NEX! Af1ER PAYMENT; and 'm the event thaf any iFNr~of h nof
paid, sat"sfied and discharged s~:d MORTGAGEE may at any time pay the seme a ~ny pan thereof without waiving or aHectirq any option, lien, puity p
•~aht unde~ w by virtue of this morfgage and the full amounf o( each and every such payment shaN be immedi~tely dve ~nd payable •nd shalt b~ar interqt
~~om the d~~e tF~ereoi until p~id at re~e ot n~ne per centvm per en~um ~nd toge~her w;~h such inte.est sh~ll be ucu?ed by the lien of th:s morpta~.
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