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3VV~2 This inatrument was prepated by:
• Charles Wm. Lewis
Indian Rive~ FederalSavings
P. O~Boxa~~~~tioa
MORTGAGE Ft. Pierce, Florida 33450
THIS MORTGAGF. is made this ~5t~___ _ day of _ . _ AgLl~____ , 197~ , .
bet~~~ccn the 11Tortgagor, _._Dnna and_ Mar-il.ee-~.--,Iacobson, __bis__._._ ;
_wife_ - (herein "Borrower"), °
and thc Z-lortgagec, Indian Ri~~er Fedcral Savings and Loan Association, a corporation ~rganized ~
and existing uncter thc la~vs of the United States of America, ~vhose address is Vero Bcach, Florida ;
( hercin "I.cnder" ) .
`VHEREAS~ Borrower is indebted to I.ender in the principnl sinn of Fifty Five Thousand
~n.d .no/100---_------- Dollars, which indebtedness ic evid~nc~cl b}• Borro«~r's noM of even '
date here~rith (herein "Note"), ~ro~•idin~ for monthh- in~tnllment~ of principal .u~cl interest, ~citli
the Ualance of the indebted~~ess, if not sooner pnid, .lue :uici payable o~i May 1, 2000 :
To SECVKF to Lender (a) the i•epayment of the ind~btecl~ies~ e~•icienc~ed b~• thc~ :~'ot~~, ~~•itl~ int~r~~~t ~
thereon, the pa~~ment of all ot.her sums, With interest thereon, ach•ru~ced in aceordanc~~ here~~•itli to ~
protect tl~e securitv of this iliort~a~e, and tl~e performance of the com~en:~iits anci arr~eni~nt` oi' -
BorroW~er lierein contained, tu?d (b) thc repa~~ment of :m~• futin•e .ich•a~nce~, k•ith iiiterest tiu~r~ou, . ;
u?ade tu Borro~ver b~• Lender pursuant to piirarra~~l? ~l l~~~reoti (herciu "~'uture Ad~•:u?ce~"),
Boi•ro~~~er does liereb~• uiort~age, grant. a~id conve~~ to Lender tL~~ follo~~•ing ~le~cril?ecl propert~~
located in tl~e County of Saint Lucie _ , St~ite of Floriil.~:
a yo~ -~o,~~- oo,~ - 000/7
Lot 32, Block 1, Thumb Point S/D according to Plat thereof
as recorded in Plat Book 10, Page 79 of the Public Records
of St. Lu_~ County, Florida. ~
STA"l-~ Fi.._~~r-~:~;-~~' i }
.v :)F~r±~irlEivti~F~~ Si:.nl'~h' i. J i
_ r`' ,~{.i'.. ,F-~c4~Nl~~ 3Tr. .f-------- ~
, _ _ ' - ~ ~ ~ 2. 5 ~ tutes
~ - ~ . ' ' 'f i ~ O. C ~ IN PAYMEi1T OF
_ ~ ' ~ ~
- _ _ 'C' INTA1161B1.E PE'~:0~:.1L PROPfR~r~ ~
~ 70 CHA~7ER 71-13~. ACTS OF 19/1. /~Z~ }
ROGER PORR~-S ~
q,ERK C1RC~1R S~. WCIE 00, FIA ~
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r T~c,ETHF.I; itL .ill thc• ~m~?ro~•~~nent: nu~~• m• l~ei•eaftc~r c~i•~eted c?n the prope~•t~-, and ~11 e~~seinents, ~
g riKhts, appiirtenances, rent~, rm•alties, minc~r.~l, oil an~ ~,:i~ ri~,rht~ aud pr~ifit~, ~~-ater, ~~•ater ri~hts,
~ and ~•ater stock, ~nd zll fi~tures no~r or I~ereafter attachecl to the pr~p~rt~•, ~ill of ~+~hicl~, includin~
~
; replaeement~ and ~ddition~ thereto, sl~all br clee~ned t~? hc~ ~tnd remain .i part of t}~e propert~- eovered
~ h~~ this ~fortga~e: and all of the f~re~,oi»„ toreth~~r «•itli ~~icl In•opert~- (or thc lea~ehold estate
~ in the e~•ent thi~ ~fort~~ae i~ on a~ i~~~~el~olcl) ar~ herein rc~fc~rred t~ as the "Yropert~•". ~
Rorrower covenants tht~t Rorroner i~ lr~«fiilh• seicecl ~~f thc~ estate hereh~• ~om•e~ed .ind has the ~
~ rinht tn n~ort~n~c~, ~rant an~l ~•~n~•~~- thc~ ProP~rts-, th:~t th~ Propert_~• i~ tu~encumbc~red, an~l that r
~ Borro~~er ~vill ~varrant and defencl ~,cm~~r:~ll}~ tli~~ titl~ to the Properh-.~~ainst ~11 cl~ims and demands, :
~ubject to .iny ea~e~uents ~ind r~•~trietio~i. ]istecl in a~~~h~~dul~ r?f exc~~~tions to co~~era~;c~ in am~ title
~ instirance I~olic~- insurins; I.end~~r'~ interest in th~ Proi?ertc. +
~
~ IINIFORM COVENANTS. Rorro~~ er and T.endez• covenant ancl agree as follows : •
- 1. Payment of Pimcipal and Interest. Borrower ~I~all ~~romPtly pay when due the principa) of and intetest
on the indebtedness evidenced by the Note. prepayment and late charges as provided in the Note, and the prinei- i
; pal of and interest on any Future Advances secured by this ~tortqagc.
~ 2. Funds !or Tuxes and Insur~ce. Subject to I.ender'~ oEition nnder paragraphs 4 and 5 hereof, Borrower ~
shall pay to I.ender on the day monthly in~taliment~ of ~~rinci~+al and interest are payable under the Note, unti) f
the Note is paid in full, u sum (herein "Funds") e~ual to onc-t«elftl~ of thc yexrly taxes and assessments ~vhich
~ may attain priority over this \lortgage, and groun~i rents on thc Propert.y, if ~ny, ~lus one-tweltth of yearly pre- `
~ mium installments for hazard insurance, plus one-hvelfth of ycarly ~remium installments for mortgage insurance, ~
if any, ali as reasonably estimated initially an~i from tim~ to timc hy Lender on the basi~ of assessments and bills
~ and reasonable estimates thereof. The Fund< <hall I~c li~ld in an in~titution the ~ieposits or accounts of which are
; FLOAIDA-Fi1LMC-12/91-1 to 4 Famll~ U R
Bo~K 238 ~979
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