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HomeMy WebLinkAbout0795 i ~0~~1.`7 T~n~i1°m~~P~~inta~Y~~ E~,~',ared by: GE~.: ;..v:t~ d'Z . ,~.,,cs : .:n NiORTGAGE 2,~? ~ ~ ~ ; ~ ; ~ ~09 .i.,, THIS MORTGAGF is made this 2nd_-_-_ da~• of ~ril ~g 75- ' behvicen the Martgagor, _LE1~lI~C~.~f~?7'ZINGEB_and~4RI~ ~ MATZINGER~ his vife - - - - - ~ - - _ . - - _ - - - - - ~ herein "Borrowcr" ) , ; and thc ~Tortgagcc, Indian Ri~•er Federal Savings and Loan Associati~n, a corporation or~anized and existing undcr thc la~.~s of the United States of America, ~~~hcuc address is Vcro Bcach, Florida ; hcrein "Lender" ) . `~TIiF.REAS, Rorrowei• is indebted to I~endcr in fhe princip~il swn of Twenty Seven Thousand and No/100 j~~lllrs, whicL indehtedn~~•s is e~~idenced i~~• Borro~rer's not~~ of even ~ ~late here~~•itli (herein "I~Tote"), pi•~vidinr for ~nonthl~• in~tfllimc~nt~ of prin~il~:il .uui intc~r~~st, ~ritii the ht~lance of the indebtedn~s~, it ~iot cooner ~~aid, ~lue :i~eci ~r~sable o~i July 1, 2000 . : . TO SF.CL'ItF. tU I.ender (a) the repa~-ment of th~ indebtedn~~s. e~•ideucc~cl b~• th~• \'ot~~, ~~•itli iu/c~r~~~t tliereon, the ptt~ment of all othei• sums, ~~ith intere~t thc~i•eon, udv~u?c~ci in acc~n•daur~~ hc•r~~w•itL t~~ protect the seeurity of thi~ \iort~~~e, auid th~~ pE~rformanc•e ot tLc~ eom•~~n.~ut~ .incl a~r~~~>>nent. ~~t' Rorra~~•er hercin contained, ,u~cl (h) the rc•l~s?~~u?ent ~~f :im• futtu•~~ .uh•.rnc~~~, ~rith int~~re,t the~rc~on. iuxde to Rorron-er b~- Lender ptn•su~nt to para~;r~ipL '~l l~ereof (hrcc•i~i "F~uttn•~~ :1c1~-:uu•~~."), Bor~•o~~•er does hereb~~ »iortnage, ~rant .uul ~~o~~~•e~- tu l.~~n~ler th~• follo~~•iu~ ~l~~~c•rih~~~l •~n•~?~~~~1•t~- located iu tl~e (''oimt~~ of ST, LUCIE _ , Si~~te of I~'lurid~?: Lot 28, Block 121, LAKEWOOD PARR UNIT 10, according to plat thereof as recorded in Plat Book 11, pages 29-A thru 29-D, of the Public Records of St. Lucie County, Florida. /30/ - ~o/~-De~a -G~nG~ ~~i-ATE ~i~ ~LQ~;Q,a ~ GO'_U/'.~Et:',ARY.-- = STIaiJIP jt, ~ ~ i~ i,:?~-u~ kzkEr..+E ~ ~ ~ : `n , t~r`; Kr ~ - P8. ~~i5 i~~it.. ~ O. ~ 0 i i r^ _ _ ~r~: . ~ ~ ~ -.=-~5 _ f C C • RfCE1VED IN PAVMFM ~ T~ i 0".~ ON ClJ1SS'C INTAl16181E rEN9UNAl PRO?ERfY~ ~ ~14NT TO ~R n•134. M:iS OF 1911. L 1106E1t ~'ORRA~ " ~~~R ppURT, ST. i11CtE 00. Fl~ J,E"~~ ~ ~ ir - T~x;F:THF.I: ~~•ith all tl~c~ imin•~n•c~n~entc n~?~c u~• l~ere~~fter c~re~ted ~~n tiu• prc~p~*_•1}-, and all e.ise~uents, rights, appurteT~ances, i•ents, ro~•alti~~, ~niner:?l, ~?il rtnd ~,.i~ ri~ht~ iiucl ~irofits, ~~•ater, ~~•,iter ri~hts, ~iiul ~~•ater stoek, and :tll fixtures no~~• or I~ereaft~r atta~l~ed to thc~ pr~pert~-, all ~f ~ti~hich, includinr replac•en~c~nt; and addition~ tLei•etu, ~liall hc~ dee~ned t~? hc~ .u~d remain a part of tl~e propert.}- eo~ere~l h~- tl~i~ \tort~,iTe ; and ~11 af tLe f~r~~oin~, to~etlier ~~•ith s.~id propert~- (~r the leaseholcl est~te in thc• e~-ent this ~tortr.~,~ i~ rn~ lc~a~c~hold) :~re h~r~in r~f~rred to a~ the "Yroperh-,,. Borrower coven~nt~ that Rorro~~•c~r is la«•fiill~- ~ei~ecl of thc~ e~tate h~reb}• ~•om•e~ed 1111(1 Il.iti the ; ri~ht t~~ nwrt~a~~~. ~r:i»t an~l c•m~~•~~- th~~ Pr~pert~•, th:~t the Propert}• is unencumberecl, ancl that Borro~~•er ~cill warr~nt ~n~l defenci ~•~ne~rall~• thc• title to the Pro~?c~rt~- a~ainst all elain~c and demands, . 5ubjc~c•t to an~• easements ~nd r~~strictions liste~l in .i ~c~hc~clule~ ~f e~c•eptions to co~•~ra~c~ in an~~ titl~ ; insurance ~~olic~~ insuring I.end~r'~ interest in th~~ Propert.}•. : ~ LTNIFORa( COVF.N~NTS. BOTI•o~~-~r and T,ender c~~~~•enant .nul agrce as follows: ' 1. Payment of Principal end Interest. Borro«er ~hal! ~~romnth• pay when due t.he principal of and interest on the indebtedness evidenced by the 1Tote. ~~repayment and latc charRe~ as provided in the Note, and the princi- pal of and interest on any Future Advances securecf bv this ~iort~age. ~ 2. Fuads (or Taxes and Insuraace. S~ihject• to i.en~ier'~ of?tion i~nder paragraphs 4 and 5 hereof, Borrower ; ~hall pay to Lender on the day monthly installment~ of ~?rincipzl And interest are ~iayable under the Note, until the Note is puid in full, sum (herein "Fi~nds"1 equal to one-t~velfth of the yearly taxes and assessments which may attain priority over this ~iortgage, and grourai rents on the Yroperty, if any, ~lus one-twelfSh of yearly pre- mium installments for hazard insurance, plus onc-twelfth oi yearly Premium instaliments for mort.gage insurance, if any, all as reasonabiy estimated initialiy an~l fron~ timc~ to time b~ I,ender on the basis of assessments and bills ; and reasonable estimates thereof. The Fund~ ~hxll h~ helrl in nn in~titution the ~ieposits or accounts of which are ; 0 7y g FLOAIDA-F~c-~:rn-~ ~o a F~wr 808i(~ flAGf ~4 ~ ~ ~ ~ ' '4~ ~ . ~;~r - ~ ~-xx ~ ~ ~ - .