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This instrument was prepared by:
' C . W1111aA? I,BW18 :
Indian~ Rtver~ Federal Savings ;
and Loar~ -Aesoei.ation :
MORTGAGE p•O • 8ox ~e9a ~
Ft. Pierce, F2orida 33450 ;
THIS MORTGAGE is made this 13~___._ day of _~X , 19_?~_, ~
bet«~een the Mortgagar, ~X~3.~ Edwards and Caroline S. E rds` hi~wife _ '
;
- - ~herein "Bormwer"), !
and the ?1~iortgagcc, L~dian Rivcr Federal Savings and Loan Association, a corporation organized f
and existing under the la~vs of the United States of AmArica, whose address is Vcro Beach, Florida ~
~ hcrcin "I.cnder" ) . . ~
`~~H&RRA3~ Borrower is indebted to Lendcr in the principal sum of Fifteen thousand ~
and _no/1Q0---_---------Dollars, whiel? indebtedness is evidc~neecl b}~ BorroW e~•'s not~~ of eveu
aake heretvitL (herein "Note"), pro~~iding for monthlr instnlln~ents of principal and interest, ~ritL ?
ti~e balance of the indebted~iess, if not sooner paid, ciue and payable on June l, 1995 ; ~
To SgclTxs to Lender (a) tlie repa3~rnent. of the indcbtednesti ~~•idenced b}• tl~e \oi~•, ~ritL ii?t~~•e~t ~
thereon, the payment of all other sums, with interest thereon, acl~ anced in accordance herrH itL tu ~
~~rotect the security of thi~.:liort~a~e, nnd tl~e performance of the con~c~u:ints ~nd a~ree~~~e~?1~ of
Borrower herein contained, and (b) tl~e repayment ot aiz~~• future ad~~ance~, Hith intrreQt th~?•eo», ~
made to Borrotver by Lender pursuant to pt~ragrt~pl~ ~1 l~ereof (l~erein "Future Ad~•:u~ce.''), ~
Borrower does hereb~• mortTage, grant and con~ ep to i.ender the f0~~0\\'lll~; descril~d Nroperh• ~
located in the County of . St. Lucie _ , State of I~'lorida : ;
i
. ;
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3y/ 9- Ss'o D/ 33 vo%, ~
~ Lot 10, Block 71-bf River Park Subdivision,
Unit 7, a Subdivision according to the Plat
thereof, recorded in Plat Book 12, Pages 41
and 41A, of the Public Records of St. Lucie
County, Florida. ~
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' - ~G IK p??~~ ~ tl?X~,
~ s ~INTANGI~~ ~"R~ ,RO;E
: ~-C AECEIVE~ I~tS OF
` y ' - p~ ON ~ ~jER 11•13~.
~ ~ _P~~At~l t~ ROGERa~~s
~tE ~y ~
E ~~,t C1{td?~j 0°"~n ~GC
~ J~ az
s
Ta:FTxFfa witl? all tlie improve~nent4 no~r or Lereafter erected on the prope~•t~-, and all c~sements,
rightG, ~tppurtenances, rents, ro~alties, minerfll, ~?il and r~~ riKhts aud ~?rofit~, «ater, «ater ri~;ht~,
a~id lter stock, and all fistures no«• or hereafter attachecl to the pr~pert}-, all of ~rhicl~, including
~ replaee>>ient~:ind addition~ thereto, ~ha11 be~ cleemecl to he and rnm~iin .i part of the propert~ eovered
~ 1~~~ this :liort~Age; and all of the foreaoin~, to~etlu•r ~•ith said propcrt~- (or the leasei~olcl estate
~ in the e~ent tl~is ~fort~aa~~ ic on ~i l~as~hold) are hercin ref~rred to ati the "Propert}•".
~ ~ Borrower covenants that Borro~•er is la«ftilh• ~eiseci of the estate hereb~~ conve~~ed and l~as the
~ rigl~t to mort~ag~, ;rant an~l ~m~~•e~- the Propert}•, th~t th~ Propert~ is unencnmbered, and that
- Borro«er ~vill warrant and def~nd a~n~r~ll}~ the title to the Propert~- against all elai~us and demands,
~s subject. tu any easements and restrictions listecl in a.chedule of exceptions to covera~e in any title
~ insurance polic~ insuring Lender's interest in the Propert.p.
~
~ IINIFOR11i COVEI~iANTS. Borro~~er and I.ender covenant and agree as follows:
H 1. Payment of Principal and Iaterest. Borrower shall nromptly pay when due the principal of and interest
on the indebtedness evidenced by the Note, prepayment and late charges as provide~i in the Note, and the princi-
~ pal of and interest on any Future Advances secured by this ~tortgage. ~
~ Z. Fnnds for Taxes and Insurmzce. Sahject to I.ender'~ o~tion under paragraphs 4 and 'a hereoi, Borrower `
~ shall paq to I.ender on the day monthly instaliments of i~rincipal and interest are payable un~er the Note, until '
~ the Note is paid in fu{l, a sum (herein "Funds"1 equal to one-t~velfth of the yearly taxes and assessments which
~ may attain priority over this ~4ortgage, and grouncl rents on tiie Property, if any, plus one-twelfLh of yearly pre- '
~ mium installments for hazard insurance, plus one-twelfth of yearl~ nremium instailments for mortgage insurance, ~
~ if any, all as masonably estimated initiaUy an~i irom timc to time by I.ender on the basis of ~ss~sments and bilis ~
and reasonable est_imetes thereof. Thc Funds ~hall I?~~ hel~1 in an institution the deposits or accounts of whieh are
~ 0 k r~ ~g
FLORIDA-~c-~z~r,-~ ~o . F,~n, BUOK ~~t7 PAGE ~J ~
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