HomeMy WebLinkAbout0523 ~ PS-1188 - ~rr~~s Instrument Was Nrepated By: ~
FIRS'!' FEl)ER.~L S.~Vl1GS AND IAAN
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~ ~y ASStX:IATlUN OF MARTlN COUNTY
`~/49 ` 9l39 Snuth Fctileral Highway, Stuart, Fla.
sy: Terri L. Hurley (~2001208(3)
MORTGAGE
THIS MORTGAGE is made this ist ~ ~~y, of December
19 7? , between the Mortgagor, C. F. SAAWVER CONSTRUCTIdN, INC. , a ~
Florida Corporation
(herei~. "Bormwer'). and the Mortgagee. First Federal Savings and l.oan Association oE Martin County. .
a corporation organized and existing under the laws of the United States af America. whose address is
989 S~iuth Federal Highway. Stuart, Florida (herein "Lxnder'). • .
WHE .ws Borrower is indebted to Lendrr in the principal sum of T~R'T~ T~~ T~~~~D
AND NO 1 dOths - - - - - - - - - - - - - - - - - - - - - - - Dollars, which indebtedness is evidenced by Bornow-
er's note dated December st, (herein "Note") . providing for monthly installments of prin-
cipa1 and interest, with the balance of the indebtedness, if not sooner paid, due and payable on
dune 5th, 2003 •
.
To SECUxE to Lender (a) the repayment of the indebtedness evidenced by the Note, with interest
thereon. the payment of all other sum~, with interest thereon, advanced in accordance hetewith to protect
the security of this Mortgage. and- the perfortnance of the rnvenants and agreements of Borrower herein
contained, and (b) the tepayment of any future advances, with interest thereon, made to Borrower by
Lender pursuant to paragraph 21 hereof (herein "Future Advances") . Borrower does hereby mon ge,
grant and convey to Ixnder the foliowing described property located in the County of Lue~
State of Florida: ,
Lot 26, Block 704, PORT ST. L~TCIE SECTION EIGHTEEN, according to the
Plat thereof, as recorded in Plat Book 13, pages 17 and 1?A through 17K, of
the Public Records of St. Lucie County, Florida.
Recerved S"' In Payme~~ Of Taxes
O!,e On Cless "C" iMan~ibls psrsonai Proper
tY.
Pursuant To Chapt~r ~1. 134. qcts ~971.
Rc~a~ ParRas ~
~ C~erw Circuit Court, SL ~uCN, Co.. Fla. • .
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which has che address nf Chapman Avenue Pt. St. Lucie
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tsdeet) • taer] •
~ Florida 33452 (herein "Ptoperty Addt~ess'~ ;
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= TocErftER with all the improvements now or hereafter erected on the property, and all easements,
rights, appurtenances, nnts, royalties, mineral. oil and gas rights and profits, water, water rights, and
~ water stock, and all fixtures now or htreafur attached to the property. all of which, including replace-
~ ments and additions thento, shall be deemed to be and nmain a part of the property covered by this
~ Mortgage; and all of the foreg~oing, togethtr with said property (or the leasehold estate if this Mortgage
~ is on a leasehold) are herein refened to as the "Propert~'.
~ Borrower covenants that Borrower is lawfully xised of the eswte hereby rnnveyed and has the right
tgage, gra ey perty, that the Property is unencumbered, and that Borrower will
a~~ to mor nt and conv the Pro
~ warrant and defend geneially the tide to the Property against all claims and demands, subject to an~?
~ declarations, easements or restrictions listed in a schedule of txceptions to covrragr in any title inaur-
ance peticq inauring Lender's interest in the Property.
~p~~` FIARIDA-1 co 4 Familr-6/75-FN11~A/FHLMC UNIFORM INSTRUII(ENT g~~~ 2?$ ~acE
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