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~ i~Z8.3~82 T'~~~~~F~e~i'~d by. {
Ind~~n River Flde~al Savin~s E
' and Loan Astoei~tio~ (
201S-I1thAve. P.O. Box 1209
MORTGAGE Vero oexh, FlKida 32960
THIS MORTGAGE is made this 21 day of M~--, 19-?~ ~
between the Mortgagor, .~~r~s ~rst and Delaine. C Furst, his wife
_ _ - ( herein "Borro~ver" ) ,
and the ~Iortgagee, Indian River Federal Savings and Loan Association, a corporation organized
and existing undcr the la~~•s of the Unitcd Statcs of Am°rica, whosc address is Vero Bcach, Florida
( herein "I.ender" ) . ,
~V~x~+s, Barrower is indebted to Lender in the principnl stun of ~?enty Two Thousand Five _
Hundx'ed..~d. ~Q~~00------ Dollars, ~thich indebteduess is e~~idenced U~• Rorro~~•er'~ nat~ of c~ven
date herewitli (herein "I~'ote"), prOVl(~lllg' FOl• montl~l}• instalim~nt~ of principal a~ncl int~~rest. ~ritli
the balance of the indebtedness, if not soonei• paid~ du~ ainci pa~-ahlE~ on July 1, 1989 ; , .
TO SECU~ to Lendei• (a) tlie repayment of the indebteciuess r~•icl~~ueecl h~• the \ot~~, ~~•itli i~it~r~~~t ;
thereon, the pa~•ment of all other snms, ~~ith intcreGt thereon, ad~~a~urcd iu iiccorda~u•~~ her~~~~•itl~ to
protect the securitr of this 1liortg~gre, nnd the perfor~nance of the com•~n:int~ :~r~d .l~rernieut~ ~?t'
Borro~rer-herei7r-eontainec~~t~tc~-(-h}-thc?-~'~p~~ t?tet?t--c~f -:rn``-fittttrc'-~drnnr"`~ tiriNr-itttrrc~t-th~r~°tr-
u~ade to Borrower by I.ender pursuunt ta ~~nra~ral~l~ 21 liereof (herein "Future ad~•auc~~~"),
Borro~~er does lierebt ~nort~ag'e, grnnt .~nd eom•e~- to i.ende•r th~~ follo~rin~; ~le~~•rihc~cl ~?roix~i•t~-
located i~i tl~e Count} of St. .Lucie _ , Sta~te of I~`luri~l:i:
I,ot 1, Block 6, of PALM HAVEN SUBDNISION, ~
according to the revised plat thereof re-
~ corded in Plat Book S, page 44, of the
public records of St. Lucie County, Florida.
~ -
STATE oF FL.t~ R
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D~!
N oocuME~Tq~Y srnrv~p rn x~
z~ DEPi.
OF REVFMUE ;S''
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~ 6uE ON q~ss ~c' ~MC~ ~~s~?+~~ wroPat t r,
f • pURS1lMT TO pYP'~FR 71•I34. ACTS OF lti~t. Yr~4
~ ROGER PORRA::
~ CLf11K CIRWii OOURi, Si. li1Ctt CO., FtA
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~
TOI;ETHF.I: ith all the impro~•en~ent~ no~~- ur Lere.~fter erected on tl~e prope!•t~-, ~ind ~ill ~asentents,
rigl~ts, appurtenance~, rents, ro~-alties, mineral, ail :~nd right5 and ~~rofits, «-ater, ~~'t~ter ri~hts,
.~ud water stock, ~~nd all fistures no~~• or l~ere~fter attached to the propert~•, ali ~f ~vhich, includin~
replaeement:: and ~cldition~ tl~ereto, ~Lall be deemed to b~ ~ind remain x part of the propert.~~ eovered
b~ ihis ~iortga~e; and all of the fore~oinn, to~ether H•ith ~~id ~~roperh• (or the leasehold estate
in the e~•ent thi5 ~iort~:i~'~ is on .i l~asehold) are hei•ein ref~rred to a5 the "Properh-".
Borro«-er covenants that Rorro~~cr is la«•full~- seised of thc~ e~tate l~ereh}• conve~ed .~nd h:?s the ~
ri~ht to n?ortgag~, ~rant :uui eon~•e~• thc• Propert~-, that thc~ Propert.}• is unencumbered, ancl that
Borrower will «arrant and defend r~nc~rall~• the title to the Propert~- ~gainst ~ill elaims and demands,
suUject to an~ easements ancl restriction~ listeci in a~~1~edtile of exceptions to covera~c~ in anv titl~
` insurance polic~- insurin~ Lender's interest in thc~ I'ropert~ .
~ IIxiFasri CovEx~xn. Borrower and T.ender coven~nt ancl agree a~ follows:
~ 1. Payment of Principal cmd Interest. Bonower ~hall ~romptlv pay when due the principal of and interest
on the indebtedness evidenced by the Note, prepayment and late charges as provide~l in the Note, and the princi-
pal of and intereat on any Future Advances seci~reci b~~ this ~iortgage.
2. Fuads for Tmces cmd Insuraace. Subjeet to I.ender's option under paragraphs 4 and 5 hereof, Borrower
shall pay to I.ender on the day monthly installments of ~?rincipal and interest are payable under the Note, until
- the Note is paid in full, a sum (herein '~Funds"1 equal to one-twelfth of the yearly taxes and assessments which
maq attain priority over this ~tortgage, and ground rents on the Property, if any, plus one-twelfth of yearly pre-
mium installments for hazard insurance, plus one-twelfth of yearly ~remium instailments for mortgage insurance,
if any, all as reasonably estimated initially anci from time to time by I.ender on the basis oi assessments and bills
and reasonable estimates thereof. The Funds ~hall hc hcld in an institution the deposits or accounts ot vQhich are
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