HomeMy WebLinkAbout2337 _ ~ M P-1272/ess
MORTGAGE -
THIS MORTGAGE is made this ....:.......20th ......day of FebrualrY
19. betw~eea the Mortgagor, DOUGIAS.L., FARRBLL;and ,R08BRTA R. ,FARREI.L~ ,his trife
, (herein "borrower"), and the Mortgagee, Indian River Federal
Savings ~ Loan Association, a oDrporation organized and existing under the laws of United. States of America,
whose address is Vero Heath, Florida ;herein "Lender").
WHEREAS, Borrower is indebted to Lender in the principal sum of T!~?~:Y' T~~D Tfi!0
. and No~100-~-------------------- . per, which indebtedness is evidenced by Borrower's
note dated:.>~?g~lruar,R.2Q,,1~79~, , , , ,,(herein "Note"), providing for montlily instaUtnents of pprincipal and
interest, with the balance of the indebtedness, if not sooner paid. due and payable on....~~y. 1:~..?Q4~........ .
To SECtaRE to Lender (a) the repayment of the indebtedness evidenced by the Note, with i4terest thereon, the
payment of all other sums, with interest, thereon, advanced in accordance herewith to protect the security of this
Mortgage, and the performance of the covenants and agreements of Borrower herein contained, and (b) the repayment -
of any future advances, with interest thereon, made to Borrower by Lender pursuant to paragraph 21 hereof (herein
"Future Advances"), Borrower does hereby mottga ,grant and convey to Lender the following described property
located in the County of rS.t •..~rVC~................., State of Florida:
Lot 14, Block 110, PORT ST. LIIC_I8, SECTION TWBNTY-S8V8N (27),
according to the Plat thereof, recorded in Plat Book 14,-Pages
5, 5A - SI of the Public Records of St. Lucie County, Florida.
Taa I.D. No. 3420-630-0954.000/6
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l which has the address of AvQt; .AYgAK€..-,port, St ; Lucie,, Florida, 33452
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~ . (herein "Property Address");
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~ TocErtiER with 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
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 al! 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 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 defend
generally the title to the Property against all claims and demands, subject to any declarations, easements or restrictions
listed in a schedule of exceptions to coverage in any titlt insurance policy insuring Lender's interest in the Property.
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