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MORTGAGE F~``"
THIS MORTGAGE is made this 26th day of September ~~g75
between the Mortgagor, Peter B. Enns and_Lucille H. Enris, his wife
- ~T (hcrein "Borrower"),
and the Mortgagcc, Indian Ri~vcr Federal Savings and Loan Association, a corporation organized
and existing undcr the la«~s of the United States of Am~rica, whose address is Vero Beach, Florida
(hcrein "l.ender").
W~~?s, Borrower is indebted to I.ender in the principal sum of Thirty. ThOUSat1d and
No/100._ _ . . Dollars, which indebteclness i~ evidenced b~ Borroa~r's not~ of even
date herewith (herein "Note"), providing for monthh• instalhnents of principal zind interest, itli
tl~e balance of the indebtedness, if not sooner ~id, due and ~~ayable on November 1, 2000 ,
To SECVxs to Lender (a) the repayment of the indebtedness e~~idenced b~• the \'otc~, ~~•ith int~rc~st
thereon, the payment of all other sums, witl~ interest tliereon, advanced in accoi•da~ice hereH itl~ to
protect tl~e security of this Mort~age, and the performance of the con~e~ia~its ~nd a;;reen~e~it~ of
Borrov+•er herein contained, and (b) the repayment of .~n~• future ad~•anec•~, ~ ith interest thereo~ti,
uiade to Borrower by Lender pursuant to para~;rapl~ 21 liereof (l~erein "Future Acir.ince~"),
Borrower does hereb~ ~nortaage, ~rant ancl co~i~e~ to Lender the follo~~~ing descri}~ed proi~ert~~
locatecl in the County of _ St . Lt~C~e _ _ _ . . _ _ _ _ , State af Florida :
Lot 10, Block 164, Unit 12, LAKEWOOD PARK SUBDIVISION, as
recorded in the office of the Clerk of the Circuit Court
of St . Lucie County, Flo rida, in Plat Book 11, page 26b;
said land lying and being in St. Lucie County, Florida.
STATE ~F FL~rR~D~; ~
o: ` C~OCUMEN'ARY ~:-~~TAMP TA>; I
? ' DEPT. OF flEYEi'iUE :-~~r,~`:a.,'3 ~
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_ _ .75~:~w~i~~
K" = ~~T R-- 4 5. 0 0~
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O = 111R2 . . e _ ~
_ RECE~ PI~OP~n~
~ _ DUE OK ~~jl
y1, AL'~S OF 191i.~L
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~ ` Toc:fTxFS ~«ith all the improrements no~~- or hereufter erected on the propert}•, and all easements,
~ rights, appurtenances, rents, ro~-alties, mineral, oil and rfls rights .~nd T?~~~:, «•ater, tiater rights,
~ tuid w ater stock, and all fixtures no~t or hereafter attached to the propert~ , all of ~ti hich, including
replacen~entc and additions thereto, sl~all lx deemed to be and remain a part of t.l~e propert.y covered
b~ this ltortgage; and all of the fore~oing, toTether «~itl~ said properh~ (or the leasc•liold estate
in the e~ent this ~iort~a~e is on a leasel~old) are herein referred to as the "Yropert}•".
Borrower covenants that Rorrow er is 1a«~ftiliz• ~eised of the estate hereb~• con~ ey~d and has the
~ v ri ht to mort agc~, ~rant ~n~l con~•c~- the Propert~•. that the Propert.~ is unencumbered, and that
~ ~ g
~ Borro«-er «ill warrant and defend renc~ralh- the title to tl~e Properh• a~;ainst ~ill claims and demands,
~ subject. to an~ easements and i•e~trictions listed in a sche~iule of e~ceptions to coveraK~ in am~ title
insurance polic~ insuring Lender's interest in the Propert.y.
~ ~ IINIFORM COVENA~TTS. Borrotirei• and I.endei• covennnt and agree as follows :
J
~ 1. Payment o! Principal ~d Interest. Borrower ~hall promptly pay when due the principal of and interest
~ on the indebtedness evidenced by the Note, prepayment and late charges as pmvided in the Note, and the princi-
pal of and interest on any Future Advances secured by this ~'lortgage. ~
~ " Z. Funds for Tmces and Insur~ce. Subject to I.ender's option imder paragraphs 4 and 5 hereof, Borrower ~
- shall pay to Lender on the day monthly installments of i~rincipal and interest are payable under the Note, until
~ the Note is paid in full, a sum (herein "Funds"1 equal to one-t~veifth of the yearly taxes and assessments which
may attain~priority over this Mortgage, and ground rents on the Pro~~erty, if any, plus one-twelfth of yearly pre-
mium installments for hazard insurance, plus one-twelith of yearlv premium installments for mortgage insurance,
~ if any, all as reasonably estimated initially ancl from time to time by I.ender on the basis of assessments and bills
~ and reasonable P.stimates thereof. The Fund~ ~I~all 1?e hcld in an institution the deposits or accounts of whieh are
FLOAIDA-t~~.a~c-~:nt-~ ~o a F,~b BOOK
~ ° R 244 P~~E1424
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