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HomeMy WebLinkAbout0289 / ~ C~ T~ts Inst~umeni W~t F'*r^~ cd ~inqpt~t~leh~tv~a'pr@paied by: 2 ~ 933's . . . , ~ ~ ~ ~ and L~a~ ° - ~Q45-1 arh /1vs. P ri i::=~ 1~ v~ MORTGAGE ve~o B~a~h• F,~~~d• s29oo : ~ ; THIS MORTGAGE is inade this 4_ day of ___A~ril lg 74 ~ . beh~•een the A4ort a or ~~~S H. WHITB and _RA_~L_ B WHITS_ hi~taif.e ; g g . ~ _ _ _ _ - - (herein "Borrower"), and the ~'tortgagce, Indian Ri~~er Federal Sa~~ings and Loan A.SSOCiation, a cor~rati~n organizcd ; and eristing under the la~~•s of the United States of America, ~vhose address is Vero Beach, Florida i ; herein "I.ender" ) . `~~HERI:AS~ Borro~+~er is indebted tc~ I.en~ler in tli~ princi~~al sun~ of ppUR TIipUSAtdD 1W0 HUNDRSD APID NO~~,OQ--------------- Dollars, ~t~hich indehtednt~s~ i~ e~id~nced b}• Rorro~~~er's notc~ ~i even ~ date h~re~~•ith (lierein "\ote"), pro~•idin~ fo~' II1Qllt~1~~' Illtitullm~~nt~ of jn•ineipf~l :rncl int~~rr~t. ~~•itl~ , the h~lance of the indebtedn~ss, if not sooner ~~t~id, ~lue :incl ~~atrablc~ un April 1, 1979 • ~ To SFCrR} to Lender (a) the re~~ayment oi' the indebteduc~~~ E•~•ir1~~»c•~>d i?.- tl~e \ot~•, ~~•itli ii~t~r~~.t thereon, the p~yment. of ull other sums, ~~•itl~ intere~t iLc~reon, ~id~•~~nee~l i~i .i~~eurcinn~•~~ lirr~•~citli tu pi•otect the security of this ~iort~~~e, :tnd th~~ perfor~uiu~ct~ of th~~ com•c•n~rnt~ 2ux1 a~,r~~~~~u~•iit. ~?t' Rorco~~er herein c.ontained, ~u~d (1~) th~ re~~u~•in~~ut of un~• futur~~ .i~l~•:~n~•c~~, ~~ith iiit~~rr.t th~~r~~on. nix~le to Rorro~t-er b~ I.ender ~~ursu~int t~~ p.ir.i~r~i~~l~ ~1 li~?reol' (li~r~~iii ``l~'utiu•~~ :1~h~:in~•~~."). Rorrou•ci• does liereb~• n~ort,a~e, nrzu~t .?n~i c•~m•~•~• t~~ I.~md~~r th~• 1'0llo~~~in~ ~1~~,~•rih~~~l !?i•~~~,ri•t~• loc~ite~l in the Cowtty of _ ST. L[1CIB . ,~t;ttc~ of !~'l~,ri~lu : t ; ~ ~ ~ STATE Fl._ORICA ~ ' oi N DOCUMENTARY~-;-;,`STAMP ~AX ~ ~ OEPT.pi RfYENUE + - =r - ~ ets - - ' s "c - = dFA f 1'7i E: ~ 0~. 3 0 r+ N _ A.B. - ~ , ~ o =tN02 • The West 15 feet of Lot 6 and all of Lot 8, of OISON'S SUBDIVISION, as per plat thereof on file in Plat Book 8 at page 59,~of the Public , ~ ' Records of St. Lucie County, Florida. ~ i ` ~ ` ~ ~ _ } f ! ~ 1 3 ~ n~ p~r~xr oF T~ z ~ DUE ON Ct11SS'C INTANGIBIE PERSUMAL PROPER(Y ~ ~ pU~NT TO CFUIP~~O 71-134. 11CTS OF 1911. ~ ~ ~ ROGE4 POI1RA.t ~ ~ ~ CLERK ClRpliT OOURT. Sf. UlC1E 00~ F1A. ~ ~ ~ ~ ~ ~ ~ 3 ~ ~ ~ - ~ T~;}T~it:}; with :?11 the imInv?~•ements no~~- or l~erezifter c~rected ~m tlx• prope~•t~-, ~iud all easement~, ~ ~ rights, appurte~iances, rent~, r~~}-aliies, iTiiner~~l. oil an~l ~riit ?•ights :~nci ~,r~fits, ~~•~~ter, ~r,iter ri~hts, ~ ~nd ~~•ater stock, .~ncl all fisttn•es uo~r or hereafter attache~i t~ thc~ propert~-, all ~f ~~•hicl~, includin~ , ~ repl~~en~c~nt:.~nd addition~ thereto, sl~~tll he deemed t~? hc~ :~nd remain a part of the propert~ eovered ~ b}~ thi~ ~iort~a~e; aud all oi' the foredoi~~ti, to;;~ther ti•ith said J~roperh- (or the lea~ehold estate in the e~•ent thi~ ~tort~.i~~ ic on lc~as~hold) are~ herein r~~f~rred to a~ the "Propert~-„ ~ Rorrower covenants that Rorrotirer is l~~~fiill}- ceisecl ~f the estate h~reb}• con~e~ed and has the ~ _ ris,¦ht t~ ~n~~rt~a~c~, ~rant .inti ern~~~~~• th~~ Pror~crt~•, th~t th~ Propert.~ i~ unencumberecl, ~n~l that ' Borro~~•er «ill «arr~nt and ~lef~ncl ,•~nc~r:~ll~• thc• titl~ t~ th~ ProP~rt~- ~~ainst rili ~lain~~ xnd ciemands, subj~~t. to ~n~° e~sements ancl restriction~ listecl in ,~he~ltilc~ ~~f e~reptic~ns to cot•~r~~e in an~ titlr insuranc~ polic~~ insuring LendF~r'~ interest in tlu~ Propert~. UNIFORDf COVBNANTS. ROTTO\~•~r ~nd Lender c~~~enant an~l agree as follows : 1. Payment of Principal and Tuterest. Borrower ~hall ~romPtl~ pay when due the principal of and interest - on the indebtedness evidenced by the Note. [~repayment and late ~har~es as provided in the Note, and the princi- _ =j~i~ pal of and interest on any Future Advances securecl b~ this \tortRagc. _ 2. Funds for Taxes and Insur~ce. Suhject to I.ender'= o~~tion nnder paragraphs 4 and 5 hereof, Borrower shall pay to I.ender on the day monthly inst~ilments of ~~rincipal and interest arc Payable under the Note, until the Note is ~aid in full, a sum (hercin "Funds"? equal to one-t«•elfth of the yearly taxes and assessments which ~ may attain priority over this ~tortgage, and ground rents on the Pro~~erty, if any, ~lus one-twelfth of yearly pre- ~ mium installraents for hazard insurance, plus one-twelfth of yearl~• ~remium installments for mortgage insurance, ~ if any, all as reasonabl~ estimateci initiall~ an~i from time to time by t,cnder on the basis of asse,.~sments and bills f a and reasonable estimatea thereof. The Funr1~ shall I,c~ hel~1 in an institiition the deposits or accounts of which sre j F;~ ` ~ -Y=~ FLOAIDI~-t~c-~zrn-~ ~o s Famur C~ J~U ~?Cjt7 - oc;cr. - - _ ~ M _ _ . _ : ~