HomeMy WebLinkAbout1028 ~ 31392t; v
SOUTHERN FEDEIi?AL SA'~~INGS
AND LOAN ASSOCIATION OF BROWARD COUNTY
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This instrumrnt w•ac prepared by:
, Ti1iS I~~:,:%,; , , i'••t?1RfD BY
MORTGAGE ~ ~ ~ ~ ~ ~
Sti~1EJ a~:li ` '•:~,:~'elibi~e ..f~ [~':~D~
(SHORT FORM) - r~-~~
THIS MORTGAGE is made this 23 day of~T._ , 1~]~~, betw~een
the Mortgagor. C
(herein ~~Borrow•er"), and the Mortgagee, Southern Federal Savings and Loan Association ,of
Broward County
a corporation organized and existing under the lav?•s of United States of America
w•hose addtess is 77S Nnrth FpApra 7 Hi cihmav _Anmr~ann AAanh Fl nri rlsfien~in "Lender").
WHEREAS, Bottuwer is indebted to Lender in the principal sum of - 100
- Dollars. Which indebtedness is evidenred b~~ ~
Bonow•er's note of even date herewith (herein "Note"), providing for monthly instalime~ts ot' principal and intemst. ~~~itli
the balance of the indebtedness, if not sooner paid, due and payable on _ Jul~, 00
TO SECURE to [.ender (a) the tepayment of the indebtrdness e~~idenced by the Note v?ith interest then~c~n; lb) thr
pa~ment of all other sums, w•ith interest thereon, advanced in accordance herewith to protect the securit~~ oi~ this
Mortgage; (c) the performance of the covenants and agceements of Bonow•er herein contained; (d) the perforn~ance at~ 1hr
co~~enants and agreements incorporated by reference hereinto; and (e) the repayment of any future advances. With inten~st
thereon, made to Bonower by Lender pursuant to paragraph 2l hereof o~ incorporated by rcference hereinto thrrcin
"Future Ad~ances"). Borrow•er dces hereby mortgage, grant and comey to Lender the follow•ing described prupert~•
located in the County of , State of Florida:
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/ ~ C' - ~~4~L' ~'~f ~
Lots 10 and 11, Block 68, LAKEWOOD PARR
UNIT NO. 6, a subdivisiori as per Plat
thereof, recorded in Plat Book 11, Page 7,
of the Public Records of St. Lucie County,
Florida.
! Notwithstanding anything in this mortgage or the note which it secures
j 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
o 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,
or because of prepayments from mortgagor or from insurance proceeds,
¢ or because of any other reason), the full remaining balance due here-
under payable at any ti.me prior to maturity shal~ be computed and
charge~ so as not to exceed the afore~aid limitations.
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~ - - _ r _ Y•: _ ~ - ' DUE ON GA,~'~' IItT11t1418LE ~ENSO~~K '
G ~ OF 197L
~ c _ , , - ~;~ti~• t,~: ~ c O PUASUANT ~0 CI~IAPTER 71•13~.
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` ~ , - _ , ~ , ~ J ~ fi06fA FOITMS
~ CLERK ClildllT OOi1RT. St. 4M:iE 00-. FLA
„ J,~o~.4~.Gt ~
TOGETHER with all the improvements now or hereafter erected on the property, and all easements. righis.
~ appurtenances, rents, royalties, mineral. oil and gas rights and profits. N•ater, water rights, and w•ater stock, and all _
~ tixtures now or hereafter attached to the property, all of which, including replacements and additions thereto, shall be
~ deemed to be and remain a part of the property cavered by this Mortgage; and all of the foregoing, together v?ith said ~
~ property (or the leasehold estate in the event this Mortgage is on a leasehold) are herein referred to as the "Propert}". '
Borrower covenants that Borrower is lav?fully seised of the estate hereby conveyed and has the right to mortgage. grant
and convey the Property, that the Property is unencumbered. and that Borrower wil) warrant and defend generall~ the t
~ title to the Property against all claims and demands, subject to any easements and restrictions listed in a schedule of
~ exceptions to coverage in any title insurance policy insuring Lender's interest in the Property.
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~ FLORIDA-FHLMGShort Form-9172-t to 4 Family ~
~ RETURN TO '
SOUTHERN FEUERAL SAVINGS AND ~ R~~~ ~(i~(] '
~ LOAN A330CIATION OF BROWARD COUNTY BQOK PAGf V~,t7 +
225 NORTH FEDERAL HIGHWAY ~
` 34 ~5, R E: V. , 4 i 75 POMPANO B~ACN, FLORIDA 33Q62 '
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