HomeMy WebLinkAbout1860 ~-~AT ~ r~F F L. U~~ t'> 1
~.j i.~0'_tlMEN(AKY,.~ . STAM:' 't.3: .
~ ' ' uEri'~if R~v~r:v~ y'~,',~ ._ti _ _ _ j ~~t,
N- =?~~-s•~~ :~'`'3' ~ I 5. 0 0~ ~ This inatrument was preNared by:
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o r ~ r ~ c~ _:~;E,,.~ ~ 1 ,
MORTGAGE
THIS ~tORTGAGE is iiiade this _ day of __Ja?3uary_ ~g?4 ~ ~Y
bch.•ccn thc ~~fortgagor, ._LESTER_GIL~E~ MORRISON AND BETTY LET MORRISON, his wife___.__. ;
_ . ( hcrein "Bc~rmwcr" ) ,
~nd thc ~~i~rtgaGec, Indian Ri~•er Federal Sa~~ings anci Loan Assciciation, a c~r~ratioi~ or~anized
and e~istin~ under the ia~~~s c?f the United States ~f Ame~•ica, ~vhose addre..s is Vero Beach, Florida
~ hcrcin "Lciuic~r" ) .
~~~I[F.RF,A~~ RorroK•er is indc~hte~cl to I.~nde~• in th~~ prinei~~nl .uni of Ten Thousand and no~100
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Pollar~, ~+•l~i~h indehte~h~~~•c i~ ~~~•id~~~cE~~1 h~• Rorrn~r~r'~ nut<< ~~1' ~~rrn
clnte here~~•ith (herein "\otc~,•), ~~rm~i~li»~r f~~r u~~rothlr iii~talln~~•ni. ~~f ~n•i~ici~r,~) :~n~i ini~~rr••1. ~~•ifL
tl~e~ I~alattce ot the indebteduc~,., it' not ~u~~n~~r ~,;iitl. ~lne :wd ~u~~•ahl~• u~i March 1, 1989 , •
Tu St:ct•xt to Lender (n? the repatini~~nt of th~~ in~ieht~~lnc~s. ~~~i~l~~~~~•~~d h~- th~~ \'~t~•. ~~•itli iiit~~r~~~t
tlu~rc~o~~, tlu~ pti~-n~ent. of :~ll other ~i~n~~, ~?~itli intrr~~•t tli~~re~?u, ad~•.ui~•~~d in :iec•~n-cl.iu~•~• L~~r~•~rill? tu
~~r~?tc•~t tl~t~ s~~c~urit}• of this \tort,r.ig~~, .t~i~l th~~ ~?c~rf~~riu~uu•~~ ~?i' tli~~ ~•~m~•i•n;int. :ui~l .~~,r~~~~~u~~~it. ~?t'
Rorro~cc~r l~er~~in c'OI1ti1ll1P(l. ~~n~l (h) thr r~~l?n~•n?~~nt ~?f .u~~- fntur~~ .?~l~~:u?r~~~. ~ri1h i~~t~~r~••t tli~•rr~~u. >
iux~ic~ t~? Rorro~~er b~• I.ender 1?iu•~u.~nt ti~ ~?:n•a,rr.~~?h ''1 li~~r~~ut' Ilie•r~~in •`I~'utur~~ :~~1~-:~ur~•~").
l;orru~~•c`Y (IOHS hereii~- u~ort!,.i~~'. ~nu?t ut?~l ~•~~m•~~~• tu l.~~mi~•r tlu• t'oll~?~ci~r; ~ir•rriL~~~l ~?r~~~?~~rt~•
locutc~~l in tl~~• (~'oiuitr ~f St, Lucie _ ,~t:~t~~ c~i' i'I~~ri,l;~ : y~='
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Co~nencing at the Southwest corner (SW) of the SE 1~~+ of Section 27, Township ?
35 South, Range ~+0 East, and run thence East along the South line of said
Section 27 a distanse of 125.12 feet to the East right of w~y line of U.S. `
Highway No. l; thence run North 2 deg. 8'30" West along the East right of =
way line af said U.S. Highway No. 1 a distance of 1368.87 feet to a point;
thence run East, parallel to the South line of said~Section 27, a distance ;
of•353•3~ feet to the point of beginning; from said point of beginning run
South 149.65 feet to a point 340.93 feet East of the East right of w~y line
of said U.S. Highway No. l; thence run East, parallel to the South line of
' said Section 27, a distance of 75 feet, thence run North 1~+9.65 feet to the
'E South side of a street; t ence rtui West, parallel to the South line of said
~ Section 27 a distance of 75 feet, to the point of beginning; same bein~ other- -
` wise described as I,ot 5, Block 2, of DIXIELAND SUBDNISION, according to a
~ plat thereof attacned to a deed recorded in Deed Book 152, Pages ~+01 -~+03, , '
E of the Public Records of St. Lucie County, Florida. =
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i thic I«.~~,r.,ero was PrcPyed Rlr
~ ' o a MARC GRIFFETfI
~ R~~ ~ IN PAYMEfIT OF TAXfS ~~yun River Federal :avin~s
~ PRO°ERIy,
E ~ 0~ (~?gg'C IMTI1tIGI8lE PERSOMl1~ ~nd l.can Assxiat~on
' pV&SUIU(T TO C1IAPTFR T1-134. ACTS OF ly/l. ~0(5•I4th/tve. P.O- Sox 1209
E {~pGER POITRAS y~rp B~ach, f tonda 32960
; C1.ERt( CIRC111T OOURT, ST. LLICIE C0, F1A
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~ ~ "I'~K:F:THF,I; ~~~itl~ :tll th~~ ini}?r~n~~~iu~~nt~ no~~- ~rr her~~:il'tc~r ~~r~•~•t~•d ~~n tlic• 1?r~?~,~~!•t}~, .~u~i afl ea:c~nu~nt~,
t 1'I~r~lt~~ iljl~llll'rPlliillPl';~ 1'P11tS. 1'(1~'i11tIPS. Illllll'1':i~. (/1~ iiil(~ ~ri1N 1'1!,~~1~~ 71I11~ ~?1'I?flt:~~ \~'iltPl'. q'iltl'1' 1'1!~j11F.
an~l ~~-:it~~r .[uc•i:, :~n~) :~ll tixturc•~ on c~~rc~.~fti~r titta~lu~~l t~~ tlu~ l~r'?!u'rtt•, .?11 nf ~chi~~ii, inrludiu~~•
` rej~l.t~•~~~u~~nt~ ancl .~cl~liti~m~ ther~~tu, ~liall he~ d~~~~~u~vl t~? h~• an~l rc~ni:+in :i ~r~rt of thc• pr~1~i~rh• ~•~?~-ered
; in• thi~ ~(~~rt,~a~~c~: ;ind :tll ~?t' th~~ i'~rt~;uin~, t~~,rrth~•r ~~-itl~ ~;iici j?~•~?p~rh• (or th~~ ie~~eh~l~l ~~~tatc•
= in thc~ ~~~•c~nt tl~i~ ~fort~.i~~~~ i~ ~~ti :i i~~.~.c~h~rl~l~ .~rc~ hrr~~in i•rt'~~rrc•d t~~ tli~ "i'ropert~-... _
i Rorr~~«•c•r cm~enai~ts tlicit K~n•ro~r~~r i. I.~~~-fuil.- •~~i.~~ci ~?f th~~ c~~tat~~ hE~rc~in- ~•~?n«~~-rci ~nc1 li.~~ thc~ -
ri~?Lt t~? ni~?rts?:~~~~. ;rr.int .~n~i ~•~~n~•~~.• tii~~ I'r~~~~~rt~•. th:it th~~ Pr~~~~~rtr i• ttnrnrtm~hc~r~~l. :iiul tltat
R~~rro~~-er ~~•ii1 ~~•:u•rant an~l ~lE~f~•n~i ,r~m~~r:~11~• th~• tiH~~ t~? th~~ Pr~?~~c~rt~-:~~ain~f .~11 ~~l.tin~• atul clt>mands,
,i~l?,jc•c•t t~? .u~~- ~~zc~~n~~~i~t~ an~l r~~:tric~tiun~ ii~te~~l i~~ :i :r•1?t~cl»l~~ ~~t rxc•~•l?ti~?n~ to e'(?i'PT:iS;t• ii~ an~• tit)e~
s insnr:uu•~~ ~~uiic~}• in.tn~in;r I.~~ncl~~r'• iiitc•rF~st i~i th~~ 1'i~~~iu~rtt'.
L"tiIFf)k~i ('ovex~?~T:. Rorro~~•~~r .uui i.~~ndc~i• ~•~?~-~nant an~! a~rc~~ as fullow~: .
1. Payment of Principal and Interest. R~rroH•er ~hall i~mmF~tl~ par ~chen ~iue the principal of and interest
on the indehtedness evidenced h~~ the \ote. ~~re~~a}•ment an~l l~te ~har~;e~ a~ iirovide~l in the Note, and the princi-
= pal of and interest on any Future Advanres ~ecured h~• thi~ ~tort~a~c.
' 2. Funds ~or Taxes aad Insurance. ~~ihject to I.en~ler'~ of~tion under paraQraph~ and ~ hereof, Borrower
s shail pay to i,ender on the da~• rnont!?~r in~~4JI111Pn~~ of i?rin~ir~:il an~l interest are pa~•3hle under the Note. until
_ i.he Note i~ ~,riid in full, a su~» (herein `•Furids''1 e~~ual ta onc~-t~~•clfth of thc ycarlp tt~xes and assessments which
a may ttttain priority over this ~tortgage, an~l ~rotin~l rc~nt~ on the Yro~~ert~ , if any, ~~h~s onc-twelfth of yearly pre-
mium installments for hazarci insurance, rlt~s one-t~~•elfth of yearl}• ~~remium installment~ for mortgage insurance, •
~ if any, ull as re~sonAbl~ estimateri initialt}~ an,{ froni ti~nc to time t?~- Len~~cr on tii~ ba~ic of a.~sessments and bills
` and reasonatile estimiite~ thercof. '['he F~rr~rl• :Ic.tll l,~~ l,~~1~1 ir? .~n rn~titi?tion the ~le~~o~its ~~r cicrounts of a~hich are
~.~~A-FHi.MC-12/'/l-1 w 4 Family r p
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