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Home My WebLink About1600 ~ 3~46~' i ° / . i s ~ - h~ ~instru t~r preparsd b: ~~d,i~--~~~e ~~L Savinqs _4~..Lr.~an_..BssQCi~oa.._.. P. O. 8ox 1898 MORTGAGE Ft. pierca, Florida 33450 THIS MORTGAGE is made thia 24~ day of ~tober 1g75 ~ bctween the Mortgagor, ~onald L. Hagg,q~ and $'hirleX A. 8a9~, his wife _ _ _ _ (hcrein "Borrower"), and the Mortgagee, I~dian Rivcr Fcderal Savings and Loan Association, a corporation organized and existing under the laws of the United States of America, whose address is Vem Beach, Florida ( herein "I.ender" ) . WssRai?s, Borrower is indebted tu Lender in the principal sum of _ T'l~~l~el~,n__T'hc~ue3nd___..__ ~a _ no~ioo-.----------- • , Dollars, wbich indebtedness is evidenced by Borrower s note of even date herewith (herein "Note"), providing foi• montlilv. inatallments of principal and interest, witl~ the balance of the indebted~iess, if not sooner paid, due and payable on . rTQV~e~ __~.9~.4 ; To 8scvsa to Lendeir (a) the repayment of the indebtedness evidenced bv the Note, witli interest t~ereon, the payment of all other sums, with interest thereon, advanced in avcordance l~ei~ewitli to proteat the seourity of thia Mortgage, and the performance of the convenants and agreements of Borrower herQin contained, and (b) the repayment of an~• futnre advances, with interest thereoi~~ made to Borrower by Lender puranant to paragraph 21 hereof (herein •`Future Ad~•auces"), Borrower does hereby mortgage, grant and convey to Lender the following described property located in the Connty of -----St.__.Lucie------.---------.----------_ $tate of Florida: Lot 9, Block 32 of SUNLAND GARDBN'S SUBDIVISION ae per plat thereof recorded in Plat Book 8, Paqe 32, in Public~Records of St. Lucie County, Florida. - ~ 's~°~ ' o~~~~' ~Oh C~59C+- ~?C~C,`~~ . o~~Y , ~ ~ . -~~~P'-f..~~ ~P~Q ~ . `4 OF ~~S~A `~i p ` ~p ~ ~ tN PAYII@Ii Of TA~ ~i . ~ 1 Dl~i 011 Cl/l9t'~' ~1~ ~ ~ 4 ~ ';Q'/ ,t+ ' 1a Clw*~" 71-13t. 11CTS oF 19n . ~ ~~j. a~jf.N~ ~ ~ ROGEii POIi1FA~ - ~ ~ oF 4~~.n'~~'" p~c awourt cowit, s~. wc~ ooi w~ ~ ~Q ~ . o ~ ~ ~''i„ a ~eoz. I o`~(L ~ i~ . r~~,E` ~ - f G TocETasx with all the improvements noW or hereafter erected on the prope*ty, and all easements; rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, nater, vtater rights, ~ and water stock, and all fixtures now or hereafter attached to the propertr, all of which, inclnding ~ replacements and additions thereto, s~all be deemed t~ be and remain a part of the property coverecl ~ by this ~fortgage; and all of the fore~oing, to~ether with said property (or the leaseholcl estate in the event this hlortgage is on a leasehold) are herein referred to as the "Propertv". ~ ~ Borrower covenants that Borrower is lawfullv seised of the estate herebi~ conveyed and has the ~ right to mortgage, grant and com~e}- the Property, that the Propert~ is unencnmbered, and that ~ Borrower will warrant and defend ~eneraliv the title to the Propert~ against all claims and demands, subject to any ease~nents and restrictions listed in a schedule of exceptions to coverage in any title ~ insurance polic~ insaring Lender's interest in the Property. ~ IIx~osa~ Covgxexxs. Borrower and Lender covennnt and agree as follows: f l. Payra~nt a~ Priacipal aad Iut~rest. Bormwer shall promptly pay when due the principal of and intereat on the indebtedness evidenced by the Note, prepayment and late charges as provided in the Note, and the princi- ~ pal of and interest on any l~ture Advances secured by this Mortgage. _ 2 Fuads !or Tmc~s amd Iasusamce. Subject to Lender's option under paragraphs 4 and 5 hereof~ Borrower shall pay to Lender on the day monthly installments of nrincipal and interest are payable under the Note, until the Note is paid in full, a sum (herein "Funds") equal to one-twelfth of the yearly taxes and asse.semente which may attain priority over this Mortgage, and ground r~nts on the Property, if any~ plus one-twelfth of yesrlq pre- mium inatallmenta for haaard insurance, plus one-twelfth oi yearly premium installmenta for mortgage ineurance, ~ if any, all as reasonsbly estimated initislly and from time to time by Lendet on the baais of a~ssments and bills ~ and reaaonable eatimates thereof. The Funds sl~all l~e i~eld in an institution the deposits or accounta of ~vhich sre f FLOAIDA-~~ttc~-~~;t-~ a s~ U D f : go~ 245 ~E 1~~fi _ - - , _ .s..~ ~Y„ ~ _ ~ _ _ . .