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Home My WebLink About2005 ~t -s~ ~ ~ ~.~,:r ~{~8'~29 '.~~.r.r• ~ # ~ ~ ~ SOUTHERN ~~DERAL SAVINGS ~ AND LOAN ASSOCfAT10N BROWARD COUNTY ~ OF 0 . o ~ DOROT~H~Y~A.~S~i'~11i~H~.SAiwr~ a - d t~ iN Pi~KME~~ ~ tAXEg . . •1 - ~~t4u p!•Qt'E~1~Y' SUITE 30.5 - fT. IJIUDERUAIE, fiA. 33306 o ~ ~ ~y,,. << MORTGAGE ~ , _ x uJ. d1E ~ ~ R 7l•13'~. ~n /J c= J ~ ~111( T~ ~E~~ pptZltkS ~ - ~ ~ p~ oowR. u•'r''~?~ °0~ (SHO~T FORM) ; ~Q - ~ THiS 110R'I'GACE is made this day of 1~.~ ~ the \lortg~~or J T• Ho n Ca~+ol J• Ao e, JameS D. ~ C~~uolvn ~i. ~'aulk, hzs wife, D. e F. , e . (hrr~in "Borrq~ver") thc lli g hern Federal Savin s and Loa i Assoclation b~"`~rowa$~ _ ti a corporati~n organized and eaisting under the laws of United States of Am,erica ~ ~•hose address is225 North Federal Hiahwav, Pompano Beach, Flarida -~da ; ~VN~x~?s, Borrower is indebted to Lender in the principal sum of ~entv-eictht Thousand Fi vp Hundred and no/100--------------------~ilan, which indebtedneu is evideaeed by tlorroK~er's note of even date herewith (herein "Nate"), providing for mantnly instaUments of principal and interest, ~~itl~ the balance of the indebtedness, if not sooner paid. due and payable on Seutember 15th 2004 ~ : To Sect~~E ta Lcnder ( a) the repayment of the indebtedness evidenced by the Note with interest thereon; (b) the pa~~iuent of all other sums, with interest thereon, ad~anced in accordanee herewith to proted the security of this 111ortga~e; ( c j the perfo~mance of the cavrnants and agreements of Borrower herein coutained; (d) the perEormance of the covenants and a~reements incorporated by referencc hereinto; and (e) the repay- ment of any future advanees, w-ith interest therec~n, made to Botrnower by Lender pursuant to psragcaph 21 hereof a~r incor~rated by reference hereinto (hercin "Future Advanc~s"), Bonower does hereby mortgage, / ~rant and con.ey to Lender the following desctibed propeRy located in the County of S~~ T•"~' P ~ ; State of Florida: ~ G~1C ' , e Lot 25 in Block 44 of Lakewood Park Unit 5, € according to the Plat thereof, recorded in ' Plat Book 11, Page 5, of the Public Records ; of St. Lucie County, Florida. _ / 30/ - Go s -a/~a?-ooo~s- This mortgage is made in accordance with Construction Loan Agreement of even date he=ewith, between the mortgagee and the mortgagor, which by reference is made a part of this mortgage. . ~ . ~ ' Notwithstandinq anything in this mortgage or the note which it secures ~ to the contrary, total interest, as defined under Florida usury laws, ~ due on said obligation shall not exceed 10$ per annum if mortgagor be ~ an individual or 15$ per annum if mortgagor be a corporation, and if said note and mortgage do not run for the full term provided therein, ~ (whether because of the exercise by mortgagee of a right to accelerate, ~ i ~ or because of prepayinents from mortgagor or from insurance proceeds, or ~ [ because of any other reason), the full reraaining~balance due hereunder ~ € payable at any ti.me prior to maturity shall be~computed and charged so ¢ E as not to exceed the aforesaid limitations. ~ f d ~ ~ ~ ~ Toce~rj~x ~vith all the improvements now or hereafter erected on tht property, and all euements, ri~ts, ; app~rtcnznres, rents, royatties, mineral, oil and gas rights and profits, water, water rights, and water stock, and ail 6xtures now or hereafter attached to the property, all of which, including replacements and additions ~ thcrrto, shall be deemed ro be and remain a part of the property covered by this ~tortgage; and aU of the ~ ~ foregoin~, toRrtficr a•ith said property (or the leasehold estate in the event this Mortgage is on a leasebold) ~ are herein referred to as the "Property". Borro.~•cr co.•enantc that Borrower is lawfully seised of the estate hereby conveyed and hu the right to mort~age, grant and convey the Property, that the Property is unencvmbered, and that Bortower wiU warrant ; ~ and defend ~cnetally the title to the Property against al1 claims and demands. subject to any easements and ; restnctions l~sted in ~ schedule of eaceptions ta o~verage in any title insurance policy iasuring I.ender's interat ~ in thc Property. t ~ ~ ` ~ FLOEfOA-FHL1lC-SAort Fo~-~PJ?-1 to ~ !'am11r ; ttETURN 70 ~ SOUTHERN FEDERAL SAVlNGS AND O R ~ L0.1N ASSOCIATION OF BROWARD COUNTY ~~~K f~vw i 3455 ~2~ O BEACt~EF oa o~ o6z. ~ ~ _ - - ~ ~y.. ~ - - . r~~a.v_ _ _ . _ _ ,