HomeMy WebLinkAbout1948 FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION •
OF FORT PIERCE
MORTGAGE
O1-23045188
THIS MORTOAt3S i. made this 1~ th day of JanuarY....................... ,
19..E ,between the Mortgagor...... {~jOQDRQW . ~S, ; , SAFRIT, and ,BROOKS , H ; , SAFRIT,,, ,his, W i fe .
(herein "Borrower"), and the Mortsagee, PTRST FSDSRAL SAVII~iGB
AND LOAN ASSOCIATION OF FORT PIBRCS, a corporation organized and existing wader the laws of the United States,
whose address is 100 Sonm Second Street, Fort Pierce, lrlorida 3.460 (herein "I.ender'~.
WH~Ae, Harrower i• indebted to Leader in the principal sum of ...One. ~i41~~9d .~i@~!!~. Thousand, Five
xundr~d. and. J41v/.14A--"----'-C$1~Z.5Q0 :QO)---':-. Dollars, which indebtedness is evidenced by Borrower's
aoa dated .....Jant?ary..15.> . ltT9 (herein "Noa'~, providing for monthly installments of principal and
interest, with the balanas of the indebtedness, if not soonest paid. due and payable on . Fabnusrat . l.Q.. ZOA~ .
ToBhCttttlsto Lender (a) the repyrment of the indebtedness evidenced by the Notes with interest thereon, the pa~rment of aU
other same. with interest thereon, advanced in accordance herewith to pe+oteet the security of this Mortgage and the
pertoemancs of the oavenana and agreemna of Borrower herein contained, and (b) the repsymeat of aqy ibtn:a advances,
with interest ther+eon. made to Harrowee by Lender pursuant to paragraph Zl hereof (herein "F'at~u+e Advanoes'~. Bo~srowar
does hereby mortgage, grant and convey to Lender the following • described property located in the County
of............St ..Lucie . State of Florida:
The South 240.9 feet of fractional Section 14, Township 35 South, Range 40 East, and the.
South 240.9 feet of Section 15, Township 35 South, Range 40 East, lying East of the East
Rightrof-way line of Florida East Coast Railway, including all riparian rights thereunto
appertaining LESS Indian River Drive right-of-way:
By agreement of Mortgagor and ,Mortgagee on file with Mortgagee, the
within mortgage secures not only an existing indebtedness, but also
ADVANCES to be HEREAFTER 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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which has the address of....?.21J,.SRVCh.~R~1`~~.Rivef,D;ivg,,,,,,,,,,,,,,,Fort,Pierce....................
„~1gFicj~ ,3450 .(herein "Property Address'7;
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s ToGt~~nteRwith all the improvements now or hereafter 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 futures now or hereafter
attached to the property. all of which, including replacements and additions thereto, shall be deemed to be and remain a partof
the property covered by this Mortgage; and all of the foregoing, together with said property (or the leasehold estate if this ;
Mortgage is on a leasehold) are herein referred 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 Borrower will warrant and defend generally the title to the
Property against all claims and demands, subject to any declarations, easements or restrictions liat~ed in a schedule of
~ esceptione to coverage in any title insurance policy insuring Lender's interest in the Property.
° ~ 301 ~E1943 INDIVIDUAL
FLORIDA - 1 TO 4FAMILY-6/75-FNMA/FHLMC g~'~K
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