HomeMy WebLinkAbout0890 u~
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This instrumtnt was prepared by:
. ~~Y~ie, P., Platts.. . .
. Q ~ 4.. ~on .~t49. .
~4a3~ Vero Beach, Florida
- MORTGAGE
Iiaan #3809
'I'HIS MORTGAGE is made this . . . . . . . . .13~. . . . . . . . . . . . day uf . . . ~Y .
~9.?T., betwcen the Mortgagor, . Eugsne.NerRdan .a~d. K~~:y. .~erndon...his. wife----------------,
--:-r:-r-- :----r--------------------;~herein "Borrowcr"), and thc Mortgagee,~CG4CIXY. F4d4Ca1..
Savln~,s and, Loa~ Asso~ la;t ton of _ I nd,ian River, Coun~y . a corporation organiud a~d
existing under the laws of. . Lh~. ~R~.tC~. ~t~.L~~ .Qf . Alner i,4a who~e address is.S95. N.~IdC1.6 .MI l e.
Ye rQ. ~~a4b, . ~ 1 o
r i.da . . 3296.0
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ( herein "I.ender"
WHEREAS, Borrowe~ is indebtcd to Lcndcr in the principal ~um ot T~ren~y ix, 7ho4~~n~, , S 1~ _H4~~r~d
and 00/100----------------------------•--- ~,~~ar~, which i~debtedness is evidenced by Borrowe~'s
note dated. . . .k~y. ,~.~,.•.197.7. . . , . . . . . .(hcr~in "Note"1, providing for monthty instaltments of principal and
interest, with the balance of thc indebtedncss, i[ not sooner paid, due and payable on aug.ust , 2006
To SECURE tQ Lender (a) the rcpayment of the indebtrdness cvidenced by the Notc. with interest theceon, the
payment of all other sums, witb interest thereon, advanced in accordance herewith to protect the security of this
Mortgage, and the pe~formance of the cove~ants and agreemen~ti of Bnrrower herein contained. and (b) the repayment
of any futun advanoes, with interest thereon, made to Borrower by l.cnder pursuant to paragraph 21 hereof (herein
"Future Advances"), Bonower dces he~eby mortgage, grant and convcy to L,ender the following described propecty
located in the County of . . , . . . . $X... .~4C t ~ . . . . . . . . . . . . . . . . . . . . . . State ot Ftorida:
Lot 8, Biack 201, Port St. tucte, Sectfon 4, according to plat
~ thereof as recorded in Plat Book 12, Page 14-A through 14-G,
Public Records of St. Lucie County, Florida.
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which has the address of . . . . . . . . . . . . . ~43, N.. .W, . Grove _Street Port St Lucie
. .
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F.lor. . 334~~. . . . : . . . . . (}~rein "Propeny Address"); ~
[saee a~a zro coe.l
TOGETHER WI[II 3II II1C improvements now or hereafter erected on thc property, and all easements, rights,
appurtenances, rents, royalties, mineral, oil and gas rights and proSts, water, water rights, and water stock, and a11 '
fiatures now or hereafter attached to the property, all of which, including replacements and additions thereto, shal! be ~
Jeemed to be and remain a part of the properiy covered by this Mortgage; and all of the foregoing, together with said
property (or tbe leasehold estate if this Mortgage is on a ieaschold) are hcrein referred to as the "Property". ~
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Borrower covenants that Borrower is lawfully seised of the cstate hereby conveyed and has thc right to mortgage, ?
grant and convey the Property, that the Property is unencumbered, and that Borrower will warrant and defend i
generaUy the tide to the Property a~ainst all ciaims and demands, subject to any declarations, easements or restrictions ~
listed in a schedule of eaoeptions to coverage in any title insurance pc,ticy insuring Lender's interest in the Property.
~oRw~-1 to ~ f~,~~,-6~~S-~w~F~ifC UIIIfORM HItTRItYfNT s°eRK 26$ NacE 8~9