HomeMy WebLinkAbout0629 FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION
OF FORT PIERCE
~~~s MORTGAGE No. o, _23ot~?a5
7~HI3 MOA'I~GAGE ie made this 8~ dqy of Januar~t
.
19. . , between the Mortgagor, . .1.
,'2~l1..:, SCOTT~. JA~OBSON ,INVESTt~NTS:. ~l .~4~'~,~fi .~r41~4x~t?~.4~ . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (herein "Borrow?er'~, and the Mort8a8ee, FIRBT FEDERAL 3AVING3
AND LOAN A330CIATION OF FORT PIERCE, a corporation organized and e~cieting under the laws of the United 3tatee.
whose addreee is 100 South 3econd 8treet, Fort Pieroe, Florida 33450 (herein "Lender").
W HBRE~s, Bormwer ia ' debted to Le er in the princapal ewp of ..~o~'. ~l~i'~d. ~4~~. ~lllt~ NP~1~-----
~000..00~;----=-----------. Dollara, which indebtedneea is evidenoed by Borrower'e
.
note dated . Jsnu , 1 , • • • • ~ .
. . . ~'Y. . . . 979 . . . . . . . . . (herein "Note"). ProvicLng for monthly inatallmenta of prutc~pal and
intereat, with the balanoe of the indebtedneea. if not aooner paid, due ana payable on . J~ua}y, ,10~ , l~q~
To 3gcutts to Lender (a) the repaymeat of the indebtednees evidenced by the Note. with interest thereon, the vayment of all
oth~r sums~ with interest thereoa, advanoed in aooordance 6erewith to protect the security of this Mortgage. and the
performanoe af the ooveaants and agreements of Borro~er herein oontained, and (b) the rep~yment of any fuhure advanoes.
with interest thereon, made to Borro~ver by Lende~ purenant to paragraph 21 hereof (herein "~tnre Advanoee'~~ Borrower
does hereby mortgage, grant and oonvey to I,endez the following deecribed property located in the Connty
of.........St..Iucie Stateof Florida
~rom the South~?est corner of Block 22, RSYIS~D W1P OF FaRT PTIItCB H~ACH SIIBDMSION, ~
as recorded in Plat B~ok 8, Page 29, of the Public Records of St. Iucie County, ~
Florida, run thence South 17 degrees, 09 minutes 8ast along the Southward extension
of the west line of said Block 22, 50.0 feet to a point on the South right-of-xay
line of Carlton Court; thence run along said right-of-xa~ on a bearing South 72
degrees, 51 minutes West~ a distance of 11~0.0 feet to the P+oint of Begi.nning~. FYwm
the Point of Beginning, contirrue on said right-of-~ay on a bearing South 72 degrees,
51 minutes West, a distance of 231~.0 feet to a point; thence South 17 degrees, 09 '
minutes Sast, a distance of 265.10 feet to a point; thence run North 72 degrees,
51 minutes East, a distance of 231i.0 feet to a point; thence run North 17 degrees, '
09 minutes y+fest a distance of 26~.10 feet to the Point of Beginning.,.
By agreement of Hortgagor and liortgagee on file i+ith Mortgagee, the
irithin mortgage secwres not only an existing indebtedness, but also
ADDANCES to be~AFTSR made by Mortgagee to Mortgagor the aggregate
of xhich irill equal the principal amount specified in hte promissory
note secux~ed hereby.
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` STAT~ FLGr~- 1''
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g ' - ~ RE~EO S ,~~{IJ16~ P~~= OF ~r'~y
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i PURSUAIf~ ~ (•11~ {W6E~? pp1Y ~ ~
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~ which hae the addreae of.. ~O2'ner of Carlton Court & Alhannbra Street, Fort Pierce
~ Florida 33450 ...~c:~,i....................... ,
~ ' ' . ~s~.i~~.na zP caa~?. . . . . . . . . . .(herein "ProPertY Addreae");
~ . ~
- Tt~E~'FtEBwith all the improvements now or hereal~er erected on the property, and all easements, rights~ appnrtenances~
~ rents, royalties, mineral, oil and gas righte and profita, water, water righta, and water stock, and all fixtures now or hereafter
- attached to the property, all of which, including replacements and additione thereto, shall be deemed to be and remain a part of ~
the property oovered by this Mortgage; and all of the foregoing, together with said property (or the leasehold estate if this ~
uk Mortgage is on a leasehold) are herein referred to as the "Property." 1
~
~ Borrower covenanta that Borrower is iawfull seized of t e estate hereb conve ed and has the ri ht to mo
~ Y Y Y B rtgage, grant and
c convey the Property, that the Property is unencumbered, and that Borrower will warrant and defend generally the title to the
~ Property against all claims and demands, aubject to any declarations, easements or restrictions liated in a achedule of
exceptions to ooverage in any title insurance policy insuring I.ender'a interest in the Property. ,
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~ B~oK301 F~~E 629
FLORIDA - 1 YO 4 FAMILY-6/75-FNMAIFHLMC CORPORATION
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