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Home My WebLink About1082 - . : t° / 3~~'.L/fi`#8 This instsll~gept wasp rep~red by: . illl L@~.l$ g ~~id~an~--~~ve~--~~F~Ueral Savin s Loan_-.Aescciatioa_ P. O. Box 1898 MORTGAGE ~ Ft. pierce, Florida 33450 THIS MORTGAGE is made this ~th day of Februar~ , 19?5__, bctween the Mortgagor, ~~k E. Stevens and Betty J. Steyens" his wife _ _ _ _ - ( herein "Borrower" ) , and the Mortgagee, Indian River Federal Savings and Loan Association, a corporation organized and existing under the laws of the United States of Am~rica, whase address is Vem Beach, Florida 3 ~ hcrein "I.cnder" ) . Wssxsna, Borrower is indebted to Lender in the principal sum of Thisty .Fi.ve Thousand_ ___and._z~f_104--------. Doliars, which indebtedness is evidenced by Borrower's not~ of eve~i date herewith (herein `~Note"), providing for monthlv installments of principal nnd interest, W itl~ the balance of the indebteduess, if not sooner paid, due and payable on May .1,_ 2000 ; To S$cuxs to Lender (a) the repayment of the indebtedness evidenced b~• the Note, ~~•ith intere~t thereon, tLe payment of all other sams, witb interest thereon, advt~nced in accordance hereH itl~ to protect the secnrity of this Mortgage, and the performance of the com~enants nnd agreemeut~ of Borrower herein contained, xnd (b) the repAy~nent of :~n~ future adrances, with interest tl~c~reon, made to Borrower by Lender pursuant to paragr~pli 21 hereof (l~erein "Future Ad~•~~uces"), Borrower does hereb~ mortgage, grant and convey to I.ende?• the follo~ring described pi•o~~ert~ located in the County of ______St. Lucie _ _ State of Florida: Lots 35 and 36, Block 80, South Port St. Lucie, Unit Five according to the Plat thereof recorded in Plat Book 14 at Page 12 of the Public Records_of St., Lucie County, Florida. . f.r--~ D ~,,1 a~ S~RP ~ nx 1 ~ ST AT ~ ARY , ~ ~ ~ N a~c'f ~~KVE 5 01 F ~ 5 Z• i c~ ~ pf.Pl.~~ rtd121`~~ . ~`h ~n ~ sp;&2 . ' o ~ ~ IN PA ~ PR~O~~ . ~ . ~ 1lRIIN618LE PEASJ C Dl~ ~ c 71-13-'1. A~?S OF 19I1. ~~1 ~ ~ER ?OiTPJ?~ ' S"~ CIRqI1T C0~1R7~ S(. L~M:~E W. Fu ~ r i ~ . ~ t ~ i ~ ~ . ~ ~ ~ ~ TO(3ETHER Wlt~l aIl tIl@ llll~l•ovements no~~• or hereafter erc~eted on the propert}'~ Rll(~ R~1 CASE'II1CIItS~ ~ rights, appurtenances, rents, royalties, mineral, oil and gas rights :ind profits, «ater, ~cater ri~hts, g and water stock, and all fistures no~ or hereafter attached to the propert~, all of whicl~, including ~ replacements and aclditions tliereto, sl~all be deemed to be and remain a part of tl~e property covered ~ by this Mortgage; and all of the foreroing, to~ether with said propert}• (or the lpasehold estate a in the event tbis ~iortRage is on s~ le~sehold) are herein ~•eferred to a~ Yhe "Propert~~". Borrower covenants that Borrower is la~vfull~- seised of the estate hereb~~ conveved and has the ri~ht to nlortgAgP, 7rant and com•e~- the Propert~, thnt the Propertv is unencumbered, and that Borrower will w~rrant. and defend rener~lh~ the title to the Propert~- a~sinst all clain~s and demands, ~ suhject to any easements and restrietions listed in a schediile of exceptions to coverage in any title ~ ~ insurance polic~ insuring Lender'~ interest in the Property. _ - ~ LTxuroRat CovExexTS. Borro~ver and Lendei• covenant and agree as follows : r 1. Pay~m~at of Principal ~d Interest. Borrower shall promptly pay when due the principal of and interest ~ on the indebtedness evidenced by the Note, prepayment and late charges as provided in the Note, and the prinei- ~ pal of and interest on any Future Advances secured by this ~tortgage. ~ 2. Funds for Taxes and Insur~ce. Subject to I,ender's option ~mder parsgraphs 4 and 5 hereof, Borrower shall pay to Lender on the day monthly installments of ~~rinci~al and interest are payable under the Note, until ~ the Note is paid in full, a sum (herein "Funds") equal to one-twelfth of the yearly taxes and assessments which ~ ~ may attain priority over this Mortgage, and ground rents on the Property, if any, plus one-twelfth of yearly pre- ~ mium installmenta for hazard insurance, plus one-twelith ot yearlv rremium instsliments for mortgage insutance, ~ if any, all as reasonably estimated initially and from timc to time by I.ender on the basis of assessments and bills ~ and reasonable estimates thereof. The Funds sl~ali t>e l~el~i in an institution the deposits or accounts of which are ~ ~ • # FLORmA--~c-~tne-~ ~o s Fasib ' ~ . ~i~ ~ ~ ~ _ _ . = ~i: _