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Home My WebLink About2153 o~ 1 . „y~ . . ~i • .F " i. ~I This instsument wss pre ~red by: c. william Lew~s ~42098 indtan ..Rtver-- gedergi~ Savfn at~c~-~-bonn~ ~ieaociation MORTGAGE p•o. ~ox ~e9a Ft. Pierce, l~lorida 33450 THIS MORTGAGE is made this 24t~~~-__ day of _~'ebruary , 191~, between the Mortgagor, _-S~ ~ r.. Ca~: ~ Ai P~a^ ^ _ _ ` _ _ ( herein "Borrower" ) , and the Mortgagee, Indian River Federal Savings and Loan Association, a corporation organized and cxisting under the laws of the United States of Am~rica, whosc address is Vero Beach, Florida ~ herein "I.ender" ) . ~ Wsxx~s, Borrower is indebted to Lender in the principal sum of Fifty Thoutsand snd nQ/~Q9----_=--_-----_---~ollars, which indebtedness is evidenced by Borrower's note of even ' { date herewith (herein "Note''), providing foi• monthly installn~ents af principal and interest, ~itl~ ~ tlie balance of the indebtedness, if not sooner paid, due and payable on March ._l. 1995 ; To Sscvx$ to Lender (a) the repayment of the indebtedness evidenced bv the I~'ote, ~vitl? interest thereon, the payment of all other sums, with interest thereon, ad~•nnced in accordance l~e?•ev? itli to protect the secnrity of this Mortgaqe, and the performance of the convenants nnd a~reen~eiits of Borrower herein contained, ancl (b) the repayment of an~ future xc1~~Ances, with interest tl~ereon, made to Borrower by Lender pursuant to paragraph 21 liereof (herein "Future Ad~•nuces"), Borrower does hereby mortgage, grant and convey to_ I.ender the follo~ving descriUed pro}~ert~ located in the County of .._..____.___Sai.nt_Lu~is_ Stt~te of Floricla: Lot 3& North 25ft. of Lot 4 Price's Subdivision as per plat thereof Recorded in Plat Book 4 Page 14 Public Records of St. Lucie County, Florida. _ .`~a; . VGR P ` ~`w ~ oF 5~ ~ p 0 ~ . R,~~'''..;... ~ P r. : ° oo PM~N~"~ ~ - _ ~ ~ ; 'T Q o p~ t~~ L~~ " d~ 1N p~~111EN~ ~ n. , o = ~ ~ pfA~MA~ p~~ ~ °c" .s' ~ p.&, ~~.p ,C ~1tG181f ~S pF ]911. i ~~n ~ ~ ~ C1 ~ ~ 71-~R~ FU` , ~ o ~1 ppGER ~Sj. 1lJC1E (70, Clftl~~ ~fQ~ k ~ ~ E ~ J ~ ` S~ ~ ~ ~ TocETxEe with all the improvements no~~ or l~ereafter erected on the propert~-, and all easements, rights, appurtenances, rents, royalties, n~ineral, oil and gas rights and Profits, ~~ater, water rights, ~ and watei• stock, And all fixtures now or hereafter attached to the propert~, all of whicl~, including replacen~ents and Additions tl~ereto, sl~all be deemed to be nnd remain a part of tl~e propert~- covered ~ Uy this ~liortgage; and all of the foreroing, to~etl~er with s~id propert~ (or the leasehold estate ~ in the event this \iort~a~e is on a leasehold) are herein referred to us the "Propert~ ~ Borrower covenants that Borrower is lawfulli seised of the estate hereb~l conve~~ed and has the ~ i•ight to mortgage, grant and conve~- the Propert~~, that the Properh is unencumbered, ancl that Borro~ver will warrant and defend ;enerally the title to tlie Propert~ ~~ainst all claims and demands, ~ subject to any easements and restrictions listed in ~ schediile of exceptions to co~~eraKe in an~• title insurance policy iusnring Lender's intereat in the Property. ~ ~ IINIFORM COVENANTS. Borrowcr and Lender covenant and agree as follows: ~ l. Papment of Principal ~d Int~rest. Bonower shall promptly pay when due the principa! of and interest ~ on the indebtedness evidenced by the Note, prepayment and late charges as providecl in the Note, and the princi- ~ pal oi and intet~est on any Future Advances secured by this ~iortgage. ~ 2 Fuada for Taxes amd Insuraace. Subject to I.ender's option under patagraphs 4 and 5 hereof, Borrower ~ ~ shall pay to Lender on the day monthly installments of Tirincipal and interest are payable under the Note, until the Note is paid in full, a sum (herein "Funds") equal to one-twelf-th of the yearly taxes and sssessments which ~ may attain priority over this Mortgage, and gronnd rents on thc Property, if any, plus one-twelfth of yearly pre- ' ~ mium installments for hssard insurance, plus one-twelfth of yearly premium installments for mortgage insurance, ~ if any, all as reasonably estimated initiaUy and from time to time by I.ender on the basis of as.~essments and bills ~ and reasonable estimates thereof. The Funds shall 1?e held in an institution the deposits or accounts of which ate ~ ~ FLOAIDA-~c-urn-~ to 4 Famitl ~R c~ KA ~ . d00K~ P~6E(r~J,l ~ ~ - - _ ~ . , ~ _ ~ _ ~ .e__.~. ~ ~ _ _ _ . _