HomeMy WebLinkAbout0949 . ~
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MORTGAGE
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THIS I~fOR7Y;AGF. is made this . . . . . .day of . . !.4?`1:~:~..d'.12:` .~!~e~ . . . !
19 ~ l. betwc~en the htor~gA~~~, . i~il1 xaw . Paxterson_ .au}d. ~r?. .M.ar , Pat~grson, _ his , wife ;
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' . . . . . . . . . . . . . . . Iherein "Aorrov?er"l. and the Mortgagec~, Indian River Federal f
Sa?•ings & I.oan Association. a rnrporation arganized and exi,ting under the laws of United Sltttes oi Ame~ica,
whose address is Vero Beach, Florida ~ herein "Lender"
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WNEREAS, Borrower is indebted to Lender in the principal sum of. .T~rtY. .T.hT~.T~~~.Five, ?
.~hAl~r~ ,~I~.~0~~~0 ,----p----n-----------, . , , , .Dollars, which indebtedness is evidenced by Borrower's ;
a~vi~°. ~.3~~~. .~~!d r~~ _ l/.~!- _.__(herein "Note"), providing far monthly installments of princip al and ;
interest. with the balance of the indebtedncss, if not sooncr paid, due and payable on ....JSI1133ry .1= . 2003 . _
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To SECURE to L.ender (a) the repayment of the indebtedness evidenccd by the Note, with inrerest thereon, the ~
payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this ~
Mortgage, and the performance of the covenants and agreements of Borrower herein contained, and {b) the repayment
of any future advances, with inierest thereon, made to Borrower by Lender pursuant to paragraph 21 hereof (herein
"Future Advances"), Borrower does hereby mortgage, grant and convey to Lender ihC foflowing described property
located in the County of . . . . . ~1e . . . . . . . . . . . . . . . . . . . . . . . . State of Florida:
Cor?daminiun Unit 1121 of 0(~~AN VIL~AS III, accordir~g to Declaration of Condaminiwn
thereof as recorded in Official Records Book 277, pages 2686 through 2750 inclusive
of the Public R,ecords of St. Lucie Cotmty, Florida, together with an widivided
interest in the co~n elements and limited camron elements thereof, togethere with '
all appurtenances thereimto belonging in or in ariywise appertaining.
~ R~si'"°d t"~e.~= y~ ~K Of Ti~
, ~ ~ut On Class ••C•• ~n~~ Prrsoryt~l?~h, .
Ptttsuant To Chaptsr 71. 134, qcb (,N~n~.
. ROGER POIfRAa
Ci~k ~irrt~it Cour~, g~. L,~, p~,.~ -
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which has the address of . . 2l~~Q .--.1121.. ~V.II1. $OU.t~l QGP,~1. ~:1,Ve,, Fqr~. Pierce, , F10Tida _ , , , . . . ~
[s~..eU cc~bl
. . . . . 33.4.StQ . . . . . . . . . . . . . . . . . (herein "Property Address") • :
[State and Zip Cods) ~ ~
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ToGETHER with aIt the improvements now or hereafter erected on the property, and a!I easements, rights, ~
appurtenanccs, rents, royalties, mineral, oil and gas rights and profits, water~ water rights, and water stock, and all
fixtures now or hereafter attached to the property, all of which, including replacements and additions thereto, shall be
dcemed to be and remain a part of the property covercd by this Mortgage; and all of the foregoing, together with said ~
property (or the leacehold estate if this Mortgage is on a leasehold) are herein referred to as the "Property". ~
Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has thc right to mortgage, ~
grant and convey the Propc:rty, that the Property is unencumbered, and that Borrower will warrant and defend 3
generally the title to the Property against all claims and demands, subject to any declarations, easements or restrictions
listed in a schedule of exceptions to coverage in any title irtsurartce policy insuriag Lertder's interest in the Property. '
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FLORIDA-t to 4 Family-b/75--FNMA/FMtMC UNlfOaM INSTIIUMENT Q R ~ 4 ~
6~JK F~r P~GE ~Ri-iORM 25t-S-77.V~1 ~
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