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FIRST FEDERAL SAVlNGS AND LOAN ASSOCIATtdN* ~
OF ~`ORT ~tERCE
~~+~Q ~ 04-23029000
MORTGAGE
THI3 MORTGAGE is made this 20th . . . . . day of . Apri 1
is.. T.$ betvveen the Mortgagor, . . ~or~ion .Eer.guson .and. B~arhara .S.., Eerguson . hi s..w3.f.Q . . . . . . . . . .
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. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (hereir~ "Borrowet"), and the Mortgagee. FIRS1' FEDERAL 3AVING3
AIVD LOAN ASSOCIATION OF FORT PIERCE, a corporation otganized and exieting under the laws of the United 3tatea,
whose addreee ia 100 Sonth 3econd Street, Fort Pierce, r'lorida 33450 (herein "Lender").
wHSxBns, Borrower ie indebted to I.ender in the principal sum of .$eventy,.Four Thousand Three Hundred
dC~t~ .(1R~~ AQ-------(.~74 ~~QO, Q0~'-----, . Dollare. which indebtednees ia evidenced by Borrower'e
note dated . . . . . . . . . . .APrI 1. . 2Q ~ . t47$ . . . . . . . . . . (herein "Note"), Froviding for monthiy inetallmeata of principal and
iuterest~ with the balance of the indebtednesa. if not eooner paid. due and payable on , ~U1y, ] 0,,, .2003,
To3sCtt[tBto Lender (a) the repayment of the indebtednees evidenced by the Note, with intereet thereon, the pavment of all
othes suma~ with interest Wereon, advanoed in aooordance herewith to protect the security of this Mort8e8e, and the
performanoe of the oovenants and egreements of Borrawer herein oontained, and (b) the rep~yment of any future advanoes.
with interest thereon~ made to Borrower by I.ender pnrauant to paragraph 21 hereoi (herein "lbture Advanoes")~ Borrower
does hezeby mort~age, grant and oonvey to I.ender We following • deecribed property iocated in the Connty
ot . . . . . . . . . ~ucie. . . . . . . . . . . . . . . . . . i S~ate ot Florid~:
Lot 12, Block 186, SOUTH PORT ST. LUCIE, UNIT 14, according to the plat thereof
on file in Plat Book 16, Page 29, Public Records of St. Lucie County, Florida.
By agreement of Mortgagor and Mortgagee on file with
Mortgagee, ti~e within mortgage secures not oniy an
` existing indebtedness, but also ADVAMCES to be HERE-
AFTER made by Mortgagee to Mortgagor, the aggregate
of which will equal the principal amount specified `
in the promissory note secured hereby.
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~+uant To C C '~~jble °ierYment ~ r~ ~ .
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which has the addre8e of...E?^wln Road, POl^t .St : Lucie,. Florida 33452
~~s~? , .......tc~~,~....................... ,
. . . . . .(herein "ProPertY Addrese");
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ToGE~'ttEewith all the improvemente now or hereafier erected on the property, and all easementa, righta, appurtenances, ~
renta. 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 replacemente and additions thereto, shall be deemed to be and remain a part of
the property covered by thia Mortgage; and all of the foregoing, together with said property (or the leasehold estate if this
Mortgage ia on a leasehold) are herein referred to as the "Property."
Borrower covenants that Borrower i~ lawfully seized of the estate hereby conveyed and has the right to mortgage, grant and
convey ihe Property, that the Property is unencumbered, and that Bortower will warrant and defend generally the title to the
Property against all claima and demands, subject to any declarations, easementa or reatrictions listed in a schedule of
exceptions to coverage in any title insurance policy inauring Lender's interest in the Property.
FLORIDA - 1 TO 4 FAMILY-6/75--FNMA/FHLMC ~~Lr 286 Pn~t INDIVIDUAL