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HomeMy WebLinkAbout2047 ~ ` 3 ~ ` lC.~ ~lllln~~~T,@ l~red by: 299"73'7 ~av~nqsR& ~o ~`~SSOCiation P. 0. Box 1898 MORTGAGE Ft. Pierce, Florida 33450 THIS MORTGAGE is made this 17th _ day of J~nua~y ,~19.~i_, bet~veen the Mortgagor, F~ William Anastasia _and Olive Ruth Anastasia, his wife _ - (herein "Borrower"}, and thc :4iortgagec, Indian Rivcr Federal Savings and Loan Association, a corporation orgaiuzed and cxisting undcr the laws of the United States of America, ~vhose address is Vero Beach, Florida ~ ~ herein "I.ender" ) . ' `Vx$x~.ns, Borrower is indebted to Lender in the principal sum of N~.neteen Thousand Six__ Hundred__.and no/l0~ollars, which indebtedness is evidencecl b~~ Borrower's note af even i ciate herewitl~ (herein "Note"), providin~ for monthh- installments of principal ii»~l interest, ~ ith ~ tl~e balance of the indebted»ess, if not sooner paid, due and payable on February l, 1995 : To SECVxs to Lender (a) the repayment of the indebtedness e~•idenc~ d b}• thc ~Totc~, ~~•ith int~re~t thereon, the payment o~ all other sums, with interest tliereon, ad~~anced in accordance here~vitl~ to protect the security of this Riortgaqe, and the performance of the con~~enants .~nd agreen~e~its of Borrower herein contained, nnd (h) the repayn~ent of a~m- future ach•ances, with interest thc~reon, ~ ~ n,ade to Borrower by Lender pursueint to UarKnraph 21 Lereof (herciu "Future :~~h•anc~~~"). , Borrower does hereb~ ~nortnage, grant aiid rom~e~: to I.ender th~~ follo~~•in~ de~criix~d ~~rop~rt~- located in tl~e County of _ Saint Lucie _ , St~te of 1~`lorida: ; _ . . ~ Lot 10, Block 16 of South Pt. St. Lucie, Unit 3, according to the Plat thereof recorded in Plat Book 12, Page 4, of the Public Records ; of St. Lucie County, Florida. ~ ~ ~d ~ ~ ~ r~warr or ~s aE oN cuss ~ i~~ncis~ r~asoruc Pao~ttn. PURSIIANT TO CFtAP7ER 71-134. ACiS OF 19~L l. R06ER POITRJ?S . CLER1( CIRCUR COURT, ST. LtlCIE !0, F1A ' ~ ` ~ STAT'E-~ FLG ~i ! ~Z ~ Dr~~UN1fNTARY.~:t~:- St,~R ~ ~`r ~ ~ U~YI. Gf~H.EY[:iUE ~ _ i ~ ' i ~ o_ Pe2= ;~~~~~~TS 2 9. 4 0 I ~ ~ = , ~ ~ ~ . a ~ Toc;ETxE~ with all the improvements no~~• oi• l~ereafter erected o~i the prop~rt}, and t~ll easements, rigl~ts, appurtenAncez, rents, ro~~alties, mineral, oil and ~as right~ and profits, ~~•ater, Hater ~•irhts, ~ • All(~ ~~AtCT stock~ All(~ Rl~ fl\tUres noti~ or herenfter attached to the propert~, all of ~tihich, including ' replace~nents and ~ciditions tl~ereto, ~Lall be deemed to be and remain a part of t~l~e properh- covered ~ b}' this ~fortga~e; ~nd all of the foreroin~, to~ether with said propert~ (or the ic~a5ehold estate in the event this .lfort~are i~ on ~ le~sehold) arn herein referred to as the "Yropert~ " ~ Borrower covenants that. Rorroaer is la~rfulh• sei~e~i ~f th~ e~tate hereb~ conve~~ed and has the E: right to inort~n~e, ~rant ~~nd con~•e~- th~ Propert~, that the Propert~ is unencumbered, and that Borrower ~vill warrant and defend rener~lh• th~ title to the Propert~- a~a:nst all claims ancl demands, ~ subaect to ai~~~ ease~nents ~ind restrictions listecl in a~chrdiile of e~ce~tions to co~•ert~ge in an~ title ~ insurance polic~~ insurin~ Lender's interest in the Propert~. t ~ UNIFOR111 COVENANTS. BOTTO~Yer and T.ender covenant and agree as follows : ~ 1. Payment of Principal and Interest. Borroaer ~hall promptly pay when due the principal of and interest ~ on the indebtedness evidenced by the Note, prepayment and Iate charges as provideci in the Note, and the prinei- ~ pal of and interest on any Future Advances secured by this \iortgage. ~ 2. Fuads for Taxes aad Insus~ce. Subject to I.ender'~ oPtion nnder paragraphs 4 and 5 hereof, Borrower shall pay to I.ender on the day monthly installments of ~~rincipnl 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 ~ may attain priority over this Mortgage, and groimd rents on the Property, if any, plus one-twelfth of yearly pre- mium instailments for hazard insurance, plus one-twelfth of yearlv Premium instaliments for mortgage insurance, if any, all as reasonably estimated initially anrl fron~ timc to time by I.ender on the basis of assessments and bills ~ and reasonable estimates thereof. The Fimds ~hall I,c hel~l in an instih~tion the deposits or accounts of which are ~ ~ d;;, f ~Y FLORIDA-~~12/71-I to 4 Familr ~ooK 235 ~zp46 ' ~ ~ _ _ _ .