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HomeMy WebLinkAbout2118 /j 3o8SOz • This ins un1e~t waa prepared by: ~ C. W~Z11d1R LEW18 ' F:fl. Box~ 1898~ . ' Indian River-Federal Savings, & Loan Asaociation MORTGAGE Ft. pierce, Florida 33450 THIS ?VIORTGAGE is made this 21s~-_ _ day of _~il-__ , 19?~, _ ~ bet~~~een the Niortgagor, ~Q.lph ZWardowski ~,nd _Harriet D. Twardowski~ hi.B ~ _ wife~_formerl~_Harriet DroQSler (herein "Borrower"), ~ and the Mortgagee, Indian River Federal Savings and Lc~an A.ssociatian, a corporation organized ~ and existing uncier the la~vs of the United States of Am°rica, whose address is Vero Beach, Florida ~ herein "I.ender" ) . ~~x$R~s, Borrower is indebted to I.ender in the principal sum of Fifteen Thousand and .no/1Q0 Dollars, which indebtedness is e~~idenced br Borraw er's not~ of evei~ # date here~vitli (herein "\Tote"), providin~ for ~nonthl}• inst~llment~ of principt~l ~u~ci int~r~~~t, ith the balance of the indebted»ess, if not souner puid, due :ind ~~a~ able on June_ .l, 2000 , To S$cveE to Lender (a) the repayment of the indebtedness e~•ideuced h~ the \TOt~~, ~~~itli iui~r~~~t thereon, the payment of all other sums, with interest thereon, acl~ nnced in accordanee Lere~~~ itL to protect the security of this ~fort~aqe, nnd the performance of tl~~ com~enau?ts nnd x~rc~enient~ of Rorro~ver lierein co»tained, ancl (1~) the repaytnent of ann• future .id~•a~icc~, witii int~rest th~reo», made to Borrower b~~ I.ende~• pursutuit to para~rapl~ 2l l~ereof ( l~erei~~ "F'uturc~ .1d~•auic~e."), Borrower does hereb}• ntortaa~e, grant and co~tre~ to i.ender tlie follo~~•i~?g ~le~cribe~l pro~~ert~- located ~n the County of St. Lueie _ _ , Stnte of N'lorida: ~ 3~/ao - 6 30 -~y7o o~oo/G Lot 13, Block 129, Port St. Lucie, Section Twenty-Seven, according to the Plat thereof as recorded in Plat Book 14, Page 5 and SA thru 5I, of the Public Records of St. Lucie County, Florida. ~ r~ S i ATE ~~=~FLOF?i,'~: ~ ~ ~ : ~S 1~~;:~UT~•,EivTA~Y 5'::M:. ~ ~ i t.--< Ui'r'. OF Y:St'~U£ ~ .:A, ~ ~ t ro - - ~ ~ ir" _ ~~•i "`~~a Z 2. 5 0 i . ' _ ~:a_ .:4 -,f~ - - ' _ ~ _ ' , , , t c. ' pF TI?XE~ 'r, S v C ~ , ~89pN1?i. PR~4E~~y' € ~ RfCEiVE~D~'C ?NYI?NG711813~. I~1S OF ~91~. - 0'J~ ~ w~~ ~ ~R~rp1l1C~~~S~~~E ~`,'~i~ E Clf~ / ~,,L ,a,t L E€ ?~E~ [ I E ; Ta~FTxFr, with all the impro~~ement~ no~4• or liereaft~r erected an the prope~•t~-, and all easements, ( rights, appurtenances, rent~, royalties, miner:~l, oil and ~as right~ a~icl i~rofit~, ~~ater, Water rigl~ts, ~ aud ~rater stock, ~nd all fi~tures no~~ or )iereafter attaehed to the propert~-, all of ~rhicl~, includiug ~ replaceu~ent~ and addition~ tl~ereto, sl~all bc~ deemed to be .ind remain ~i part of the propert~ co~ ered ~ b}- this ~[ortga~c; and all of tl~e f~reroin~, to~ether with said propert~ (or the leasel~olcl estate ¢ in the event thiti .ltort~a~~ is on .i le~seholci) arc~ h~rein ref~rreci to as the "Propert~-". ~ Rorrower covenants that. I;orron~r is lati~~fulh• sei~ed ~f the estate l~ere}~~ com•e~ed 1nd has the ~ right to mortgt~~c~, ~rant .~nd e~~n~•~~• the Propertt, th~t thc~ Propert.}• is imencumbered, and that ~ Borro«er will warrant and defend ~~nerall}- the title to the Propert~- a~ainst all c~laims and demands, t z subaect to any easen~ents and restrictions listecl in a schedul~ of erceptions to co~er~~e in any title F insurance polic~ insurin~ I.ender's interest in thn Propert.~. # f ~ IINIFORAi COVENANTS. Borro~rer and Lender covenant and agree as follows : ~ = 1. Payment of Principal and interest. Borrower ~hall rromptly 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- ; ~ psl of snd interest on any Future Advances seciired by this ~lortgage. ~ ` Z. Funds for Tarxes and Iasurcmce. Subject to I.ender's option nnder paragraphs 4 snd 5 hereof, Borrower ~ shall pay to Lender on the day monthlv installments of i~rincipal and interest ure payable under the Note, until ~ the Note is paid in full, a sum (herein "Funds"1 egual to one-t~velfth of the yearly taxes and assessments ~vhich ~ may attain priority over this ~~Iortgage, and ground rents on thc Property, if any, plus one-twelfth of yearly pre- - mium installments for hazard insurance, plus one-twelfth of yearl~ premium installments for mottgage insurance. ~ if any, all as reasonably estimated initially and from time to time by I.ender on the basis of as.cecsments and bills ~ and reasonable estimates thereot. The Funds ~hall bc hei~1 in an institistion the deposits or accounts of which are ~ ~ o a ~1~ PACE ~~~2 ~ x FLOAIDA-~u?tc-~2n~-~ ~o a F~ur 600K € ~4 ( ~ ~ ~i ' Y ~ _ ~ _ ~ ~ ~~z..::_ _ . ~ . _ " . „ '_--r