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HomeMy WebLinkAbout0281 414943 ~ ~ SOUTHERN FEDEIi?AL SAVINGS ~ AND LOAN ASSOCIATION OF BROWARD COUNTY This instrument was prepared by: S. ~rrro~V UISTLE AttORNEY AT (SHORT FORM) 22 . ~~2 pOMPANO BEACH~ THIS MORTGAGE is mad~ this 2~r~ aay ot Au~ust , 14 78 , bciwcta the Mortgagor, PETER r.r?u~n?R and MARY LEH1~R, his wife ' ; . (herein "BoROwer"), ared the Mo~tgagee. S~T~ F~ERAI' SAVINGS AND LOiAi~l ASSOCIATION OF , BROWARD COUNTY a corporation organized.and existing under the laws of United States of America whose address is 225 North Federal Hiqhway, Poa~pano Beach, Florida 33062~hcrein "Lcndcr"). WHEREAS, Borcower is indebted to Lender in the principal sum of T~~ ~R THWSAND and No/100 Dollars, which indebtedncs~ is rvidenccd h~• Borrower's note ofeven date herewith (herein "Note").. providing for monthly installments ot' principai and interr~t. v?~ith the balance of the indebtedness, if not sooner paid. due ~nd payable on. Januarv 1. 2008 TO SECURE to Lender (a) the repayment of the indebtedness evidenccd by the Note with interest therc~~n; Ih? thc payment of all other sums, with intercst. thereon, advanced in accordance herew•ith to protect the security ut~ thi. Mortgage; (c) the pe~formance of the covenants and agreements ot' Borrower herein contained; ld) the pcrformanrr at~ thr covenants and agreements incorporated by refectnce hereinto; and (e) the repayment of any futurc advances, w•ith interc~t thereon, made to Borrower by Lender pursuant to paragraph 21 hereof or incorporated by refrrence hereimo Ihrrein "Future Advances"). Borrower does hercby mortgage, grant and convcy to Lender the following described propcrty located in the County af ~ r.,~; o . State of Florida: ~ . ~ . R Lot 25, of HOLZDAY PINE3 SUBDIVISTON PHASE I, according ~ to the Plat thereof, as recorded in Plat Book 18, Page ~ 16, of the Public Records of St. Lucie County, ~'lorida. ~ ~ s ~ t This Mortgage Deed is by reference made a part of and in accorda~ce with the ~ l~ Construction Loan Agreement executed by the parties hereto on even date herewith. € ~ ~ " ~ Recehred s ~ ~ ~ Pwn~+t Of Ts~as Due On Class "C" Inten~ib{e Petsonsl pnopKty, ~ pursusnt To Chaptar 71. 134. /1cb Q11971. & ROGER POITAAS g-~ ~ C~s•f? C~cuit Court, St. Lucie. Co.. Fla. . ~ ~ ' - ~ ~ _ ' _ • ~ . ~ ~ ~ _ ' ` ~ ~ - _ _ . : . - ~ ~ ~ ~ ~ ~ ~ ~ ~ TOGEfHER with al! the impmvements now or hercafter erected on the property, and all easements, rights, . appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and water stock, and all fixtures now or herwfter attached to the property, all of which, including replacements and additions thereto, shail be ~ deemed to be and remain a part of the property covered by this Mortgage; and ail of the forcgoing, together with said ~ . property lor the leasehold tstate 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 henby conveyed and has the right to mortgage. grant - and convey the Property. that the Property is unencumbered. and that Borrower will warrant and defend generally the ~ titie. to the Property against all ctaims and demands, subject to any easements and restnctions listed in a schedule of y exceptions to coverage in any title insurana policy insuring Lender s interest in the Property. ~ . f~OR10A-FMLMGS~ort Form-9172-1 l0 1 F~fndr _ ~ R~TURN TO ' ~ ~ SOl3TNERNFED~tALSAViN6$AND ~ LOAN AS.~OCIATION OF BROWARDCOUNTY ~ 7l5 NOATH FEDERAL HIGHWAY ~ 3455. REV.. 4/75 POMPANOBEACH.FtARIDA33062 ` ~ r ~ - - - ~ _ - . - . - . ~ ~a.~': : ~ , . ~ . , - ' ~ - ~ ` - ~ . ...~~5 a,s~--,,.tw~a.„4`.,~..~r-z~-arv~ s~ ~#.`~4"'Y -