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HomeMy WebLinkAbout0251 Taubm~n/nI -'?0?9] 4! t3:34 . " . . FIRST FEDERAL SAVINGS AND LOAN ASSOC~IATION OF FORT PIERCE MORTGAGE Lo~ No. 0,-23029182 ~IB MOATGAGE ie made thie . . . . . . 2~~ . . . . . . , dax of AP.~1 , 19.7g , between the Mortgagor . . . . . . . ~~arcl. P.. Teutiman .and ltita .B. ,Taubman,,. .his, xif'e . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (herein "Borrower"). and the Mortgagee. FIRST FEDERAL SAVING3 AND LOAN ASSOCIATIQ:RI OF FOAT PIERCE, a corporation organized and ea~iating under the lawa of the United Statee, whose addrese is 100 Soutn 5econd Street. Fort Pierce, h'lorida 33450 (herein "I,ender"). WH~ ~s, Borrower iq~r~de~tg~ nder in the principal aum of .Sixty-,Six. Thousand Four Hundred. and No/100---------($66~4uv~------------------ ~llars. which indebtednese ie evidenced by Borrower'e note dated . . . . . . .APri2 .2~}:. 1978 . . . . . . . . . . . . . . (herein "Note"), Proriding for monthly ins~ m i O of pn3 cipal and interest, with the balance of the indebtednese. if not eooner paid, due and payable on ......x. ,~00 ToSgCt~to I.ender (a) the repayment of the indebtedneea evidenced by the Note. with intezest thereon, the payment of all othez sums. with intereet thereon~ advanced in aocordance herewith to pmtect the eecurity of thie Mortgage, and the performanoe of the ooven~anta and sgreemente of Borrower herein oontained, and (b) the repayment of any future advanoes. with iatereet thezeon, made to Borrower by Lender pursuant to paragraph ZI hereof (herein "~ture Advanoee"). Borrower doee hereby. a~Ftg~guCBrant and oonvey to Lendez the following •deecribed property lacated in the County of..... . . . . . . 5L. L . . . . . . . . . . . . . . . . . . . . . . State of Florida That part of Lot 6~ of i~HITE CITY SUPDIVISION, according to the plat thereof recorded in Plat Book 1, page 23, of the Public Records of St. Lucie County, Florida, Khich is described as follo~rs: ~ Beginning at a point on the West line of Palmetto Avenue distant 1314.0 feet North of the South 13ne of Ssction 4, Tormship 36 Sout~h, Range tt0 E~st, St. Lucie County, Florida ruu thence West 202.85 feet; thence South 30.90 feet, more or less, to the Northeasterly bank of a canal; thence Southessterly along said Northeasterly canal bank 135.3 feet, more or less, to a point di,stant 110.0 feet ~aeasured at right angle from the first course of this descript3.on; thence run East 116.0 feet to an iron stake on the Mest line of said Palmetto Avenue; thence run North 110.0 feet to the point of beginning. TOGEIHER WITH an easement over and across the canal Iocated ~rithin said Lot 6S~-~ of WHITE CITY SUBDIVISION for ingress and egress to the St. Lucie River. ~ By agreement of Hortgagor and Mortgagee on ~.`ile with Mortgagee, the within mortgage secures not an e~cisting indebtec~ess, butelso AINANCES to be ~ER made by Mortgagee to Hortgagor the aggregate of which ~rill equal the principal amount specified in the promissory note secured hereby. Received s ' ~ - In Payment OI Tenes Due On Class "C" (ntang~ble Person8lP~ppe~y~ ~ ' - ,.a , ~ ~ - . - ~ - - - ' , • Pu~euAM TO CheDtB~ 71, i.f4, ACt3 187~. • . . , _ ~ ` ROGER POITRAS { C~e'w C~rcuit Court, St. Lucie, Co„ Fia. ; . . . y t~ ~ li ; - - - - _ _ ; which hes the addreea of......5209 Palmetto Avenue , Fort Pierce . .tsereea~ , (Cit~1 . . Floz;ida, ~31i50... .(hetein "Property Addreea"): is~.e..an tiv coa.~ - ToGETHERwith all the improvementa now or hereafter erected on the property, and all easements, rights, appurtenances, renta, royalties, mineral, oil and gas righte and profits, water, water rights, and water stock, and all fixtures now or hereafter attached to the property, all of which, including replacementa and additions thereto, shall be deemed to be and remain a part of the property covered by this Mortgage; and all of the foregoing, Logether with said property (or the leasehold estate if thia biortgage ia on a ieasehold) are herein refened to as the "Property." Borrower covenants that Borrower is lawfully seized of the estate hereby conveyed and has the right to mortgage, grant and convey the Property, that the Property is unencumbered, and that E3orrower will warrant and defend generally the title to the Property againat all claims and demands, subject to any declarationa, easementa or restrictions (isted in a schedule of exceptiona to coverage in any title insurance policy inaurinq Lender's interest in the Property. FLORlDA - 1 TO 4 FAMlLY--6/75--FNMA/FHLMC c~.~ 2~6 251 ,~~c i'AGE INDIVIDUAL