Loading...
HomeMy WebLinkAbout0570 . . ~ ~ f16107-5 ~ / . ~ souTHERiv FEDERAL sAV]INGs AND LOAN ASSOCIATION OF BROWARD COUNTY STATE ~F FLO R I D A ~ ~rnu ~~S~~ume~~ wu prepared by: ~`OCUMENTARY STAMP TAX ~ : ~ E P t. af REVENUE . ` : ~~~~E - - ~ i~ J 60 ~ - = A!!6-~'17 • . = Pg. • = • ~ (SHpRT FORIII~ _ ;~~oz ~ . TNIS MORTGAGE is made this l~*~ day of ~+~1~. ' ~ the Mortgaga. L. DAVIS 8nd LAF'AULDA L. DAVIS, his wife ' ~ (hectiR "Borrower'). and the Mortgagee. SOU'1'HSRN FSDERAL SAj~?NGS AND IAAN . ~~a TATT(]N OF~ B~wAg~ ce~r - a corpocation organized and existing undec the laws of United States , whose address is North Federal Hiqhwav. Pompano Beaeh, Fla. (herein •~Lxnder"). WHEREAS. Borrower is indebtod to Lender i~ the principal sum of '~TRTY FAtIR~ TH~i1,S~jD F~OR _ tiIiNDRR*+ an~l rtpr[1 AO Dollara. which indebtedness is evidenced by Botrower's note of even date hecewith (herein "Note providing for monthly installments of principal and interest, w•ith the balance of the indebtedneu. if not sooner paid. due and payabk on x~.r~er t_ 2Qp6 ' . - TO SECURE to Lendet (a) the npayment of the indebtodness evidenced~by the Note with inter~st thereon; tbl thr payment of all other sums. with interest thereo~, advanced in accordance hecewith to protect the security of thic ~ Mortgage; (c) the performanee of the covenants and agrcements of Borrower hecein containod; ld) the performan~~e ot' the crnrenants and agmments incorporated by referenc~e heceinto; and (e) the repayment of any fi~ture advances. with interest thenon. made to Borrower by I.ender puauant to paragraph 21 hereof or inrnrporated by reference hereinto lhcrein "Future Advances Borrower doa her~eby mortgage, gra~t and convey to. Lender the following described property located in the County of St. LuCie . State of Florida: . .r' J? ~ Lot 45 , Block 25 , INDIAIQ ~1f8R $S~~+I'ES iJNIT T, acoordinq to the Plat thereof as ~ecorded iti Plat Book 10, Paqe 75 of the Public RecordB crF-St. Lucie County, Florida. :c • , • . ~ ' I~I~ _ This Mortgaqe Deed is by reference made a part of and in - accordance with the Cons~u~#ip~j~Loan Agreement executed by ~ the parties hereto on even date herewith. ~ ~ ~ e . 8 , ~ _ ' ~IN PAr11ENf OF TAXEf OIR al C4tt ~MTAIiQ ~t rE~sONAL ~n. D~/ ~ t- Q ~~yYAMT TO • ~?1-~~ OF 1l11s ~ ~r~~ 5~.~~ ~ ~ . ~ TOGEfEiER vrith all the impravements now or heraaRer erected on the property. aad all easements. rights. " ~ appurten~nca, iants. royalties. minetal. oil and gas rights aad profits. water. wata rights. and water stcek. and all fixtures pow or heceaRer attschod to the propeety. all of which. including replacements and additions thereto. shall be _dee~mod to be and remaia s part of the propaty covered by fhis Mortgage; and all of the fcxcgoing. together with said pr9PestY (or the kasehold estat~ in the event this Mortgage is on a teasehold) are herein referraf to as the "Pmperty". Borrowrer oovenaats that Borco~ver is lsw~fuily seised of the estate hereby converod and has the right to matgage. grant aad oonvry the Property. thst the Property is uaencumberod. aad that Bon~ower will warrsnt and defend geaerally the ~ titk.to tfie Property against al! claims and deminds, subject to any easements and ratrictions listed in a schedule of ~ eueptions to co~erage in any titk insuraaoe policy iasuring Lender's interest in the Property. iLOR10A•fNIMC-ShoA Form-~/72-1 to 1 F~milp ~ . ~IRN T~ ~ ' SOUTHERN FEDERAL SAVING3 AND LOAN AS.SOCIATION OF BROWARD COUNTY 225 NORTH FEDERAL HIGHWAY 0 R~~ ~ 5~ 3455. REV.. 4/75 POl[P a CH, FL@, 880dZ dOOK i ~f ~,1~~ `F~~ , ~ '