HomeMy WebLinkAbout0063 / .
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M~RTGAGE
THI3 MORTGAG~ ia made thia 23rd. . . . . . .day of .D4cAUObOF . . .
19. . 7I~ between the Mortgago*. • . . . FPA~l~ .L. . StY~; . ~A.d . Ci~F~~ . A~. .$Xl~t~i s . ~~4 .1?~,~4 . . . . . . . . . . .
. . . . . . . . " . . . . . . . . . . . . . . . . . . . . . . . (herein "8orrower')~ and tbe Mort~agee, Indian River Federal
3avingu & I~aan Associatioo. a corpordion organized and existit~g undec ihe laws ot United Statea of Amarica.
whose address is Vero Be~sch. Florida (herein "Lender").
WHEREAS, Borcower is iadebted to I.ender in the priocipal sum of .~QF.tJ?.. .~bow~a.d .~4$ . P4~~?~--'
Dollars, whkh indebtednaa is evidanced by Borrower's
note dated ...~a~er• 23, • 1976. ....(herein "Note'7. prnviding for awnthly i~stalimenta of principal and
interest. with the balance of the indebtGdness, if not sooncr paid, due aad payabk on JanNA~O[ _l, .~~A.~•.
To S~cuAE to Lender (a) the npayment of the indebtedness evidenced by tbe Note, with intcrest thereoa, the
payment of al! ~tl.eer sums, with interest thereon, advanced in aecordance hercwith to prot@et the security of tliis
Mortgage, aad the pe~[om~ance ot the oovenants and agreeinents of Borrow~cr hercin oontairted. and (b) the repayment
of any future advances. with intereat thereoa, made to Bonower by Lender pursuant to pan~graph 21 hereot (herein -
"Future Advanoes"), Borrowe~ does hcreby mortgage, grant and conyey to L,ender the following dcscribed property
located in the County of . . . . . . . . . . . . .Bt..I.v~.~A . . . . . . . . . . . . . . . . State of Florida:
-Lot S, Block 16 of ~tliiBR PARK SOBDIVISIbN, Sectioa 2, a Subdi`tisioa accordiag - ~ _
to the Plat thereof, recorded in P1at Book 10, Page 72, of the Public RBcords
of St. Lucia County, Florida. - ~ -
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which has t!?e addtess of. . 4~~t .RoDlAX. A~t~tue. . . . . . . . . . .:Q~xo.$C~~b?~.. . . . . . . . . . . . . . .
" tstr..~ tc~r~
. . . . Fl.or~,da . .32940. . . . . . . . . (herein "Property Address"); ~
[St~ and Zip Cod~I
To~~ER with aU the improvements now or her~eafter erected on the ptoperty, and all easements, rights,
appurtenances, rents, royalties, mine[al, oil and gas righta and profitt. water. water rights. and water stock, and all
fixtures now or hereafter attached to the property, all of whict~, including rcplacements and additions thercto, shall be
clcemed to bc and remain a part of the property covered by this Mortg,age; snd alt of tbe fo~going, together with said '
property (or the leasehdd estate if this Mongage is on a leasehold) are herein ~ferred to as the "Property".
Borrower oovenants that Bomoarer is lawfaily seised of the cstate hercby conveyod and'has tt~ right to mortgage,
grant and coavey the Property, that the Property is unencumbered. and tbat Borroarer wiii warrant and defcnd
generaUy the titk to tbe Property ~ainat al! claims and demands, subject to any declarations, eascments or restricaons -
listed in a scbedule of eaceptions to coverage in any tidt insurance policy insuring I.ecuier
a interest in the Property.
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FLORIDA-1 to 4 F~ilr-6/75-iNMA/iMIY~ I~IFORM INSTRYYEMT ~fd~I~ ~ ~wr.ar-~-~s.~~?
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