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SOU~HE~~N FEDERAL SAVINGS
AND I,OAN ASSOCIATION OF SROWARD COUNTY
- - . ~ ~ This ~n~trument was re red by:
, , . ~ . ~ JAY C. SAL~fE~t, JR.
~ ~ Y ~ ~ MORTGAGE ! ' ` .
. ' " ; t 225 N. FEUERAI. HIuHtJAY
~ - ~ ~ ~ ~ . , (SHORT FORM) ~ , . 2
THIS MORTGAGE is made this St~ day of I"~Y . I~78 . between
the Mortgagor, L. D. BUSH and CELESTE C. BUSH, his wife
lherein "Burrower"), and the Mortgagee, SOU?I~RN FIDERAL SAVINGS AND LOAN ASSOCIATION OF
BROWARD COUNTY '
a corporation organized and existing under the laws of United Sta~es of .America
w•hose address is 225 North Federal Highway, Pompano Beach, Florida 33062 (hcrrin "Lcndcr"1.
WNEREAS, Borrower is indebted to Lender in the principal sum o~ FI~ EIGHT TIiOUSAND FIVE HUNDRED
and No/100 Dollars. K~hich indchtedncss i? r~~idrnrrA 1~~
Borrow~er's ~t,te-ol=tven date herewith (herein "Note"), providing for monthly installments oF principal and intrrr~t. N i~h
the balance of the indebtedness, if not sooner paid, due and payable on October 1, 2007
TO SECURE to Lender (a) the repayment of the indebtedness evidenced by the Notc w~ith intere~t ther~-~~n: Ihl th~
pa_r•ment of alt other sums, with interest thereon, advanced in accordance herew~ith to protert thc securit~~ uf thi~
MortgaRe; (c) the performance of the covenants and agreements M' Borrower herein contained: (dl the performanre af thr
covenants and agreements incorporated by reterence hereinto; and (e) the repayment uf any future ad~•ances, v?~ith interc.i
thereon, made to Borrower by Lender pursuant to paragraph 21 hereot~ or incorporated by reterence hereimo Ihrrrin
"Future Advances"). Borrower does hereby mortgage, grant and convey to Lender the follow~ing described pn?perty
located in the founty of St. Lucie , State of Florida:
The North 160 feet of the West 272.25 feet of the _
Southeast 1/4 of the Southwest 1/4 of the Northwest
1/4 of Section 29, Township 35 South, Range 40 East,
St. Lucie County, Florida.
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! This Mortgage Deed is by reference made a part of and in accordance with the Construction
Loan Agreement executed by the parties hereto, on even date herewith. .
This mortgage dee3 is being re-recorded to reflect the proper chain of title.
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~ In Payment Ot Texe~
~ pus On C18S5 ••C•• Intan9ible Personal P~+~perty. -
c~ ~urwant To Chaptsr 71. t 34. Accs Of 1971. .
" . ROGER PORHAS ~p~~ t •
.
Ct~rk CkwN Court. Sb L~uci~. Co..
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3 TOGETHER with aU the improvements now or hereaker erected on the property, and atl easements, rights.
~ appurtenances. 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
~ deemed to be and remain a part of the property covered by this Mortgage; and all of the foregoing, together with said
~ property lor the leasehotd estate in the event 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 the right to mortgage. grant
and convey the Property, that the Property is unencumbered, and that Borrower will warrant and defcnd general{y ~he
~ title. to the Property against all claims and demands, subject to any eauments and restrictions listed in a schedule of
~ exceptions to coverage in any tiNe insurance policy insuring Lender's interest in the Property.
~ FLORIDA-FHLMGS~ort Fprm•9l72-t tp 4 F~m~ty 7~' f'~t,i
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~ RETURN TO , 4 ~ ~ [
F SOUTHERN . EDERAL SAViNGS AND q, ~
LOAN ASSOCI ION OF BRQWARD COUNTY
225 NOR FEDERA~. HIGHWAY
3455. REV., 4~75 % PQMPA~10 BEACH. PLORIDA 33062
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