HomeMy WebLinkAbout0966 ~ 43'7`76'7 ,
. FIRST FED~RAL SAVINGS AND LOAN ASSOCIAT[QN
OF FORT PIERCE '
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MORTGAGE o~ -23048786 ~
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THI911i08'I`GAGE is made thi~ 8th ~y of , March . (
19.a9, between the Mortgagor, . RR~~R~. N:. B~LL, AND ,RUTH, K;, BE,LL~, flIS, MIIFE ~
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (herein "Borro~rez"), and the Mortgagee. I~IRST FEDERAL SAVINGS #
AND LOAN A3SOCUTION OF FORT PIERCE. a oorporation organised and ezisting under the laws of the United 3tates. ~
whoee addrees is 100 3oum 3eoond 3treet, Fort Pieroe. tr'lorida 334b0 (herein "I.ende~"). !
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W Hg[tg~~s. Borrowez ie indebted to Lender in the principal snm of TI~~ ~TY, QN~ ,jrIQ~1SAND ,OOLLARS, AND ,NO/ 100-
---------(~t~1.~.Q~1Q.QQ~-------------„----'DoAare. which indebtedneea is evidenoed by Borrower's ;
note dated . . . . MdC~h. . $~h~ . ~.47~ . . . . . . . . (herein "Note'~, Providing for monthly inetallmenta of rin
~'t and ;
interes~ with the balanoe of the indebtedneee. if not eooner paid, due and payable on Apri 1 1~, 1~ ;
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To S~r[ts to I.end~z (a) the repayment of the indebtednees evidenoed by the Not~ with intenat thezeon, the pavment of all
other sums, with intere~t theceon. advanoed in sooordanoe here~vith to protect the aecurity of thie Mortgage, aad the
performanoe of ths oovsaants and agremneats of Borrower harein oontained. and (b) tha repe~yment of any fntnre advaaoes, ~
with interest thereon, made to Borm~re~ by Leade~ pnrsnant to ParsBraPh 21 hereof (herein "Ph4nn Advanoes'~. Borrowe~ `
does hereby mortgage, grant aad oonvey to I.eade~ the following • deecribed propezty ]ocated in the Connty j
of..... . . . . : .~.yGl~ . . . . . . . . . . . . . . . . . . . 3tate of Florida
Condominium Parcel No.5311., GOLF YILLAS, A CONDOMINIUM, according to the s
Declaration of Condominium thereof, recorded in Official Record Book 302,
pages 1250 thru 1326, of the Public Records of St. Lucie County, Florida.
By agreement of Mortgagor and Mortgagee on file with Mortg,agee, the within ~
mortgage secures not only an existing indebtedness, but also ADVANCES to be ;
HEREAFTER made by Mortgagee ta Mortgagor the aggregate of which will equal =
the principal amount specified in the promissory note secured hereby.
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` 2400 S. Ocean Drive Fort Pierce
which has the addrese of
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' Fl orida 33450 ,rn~~n "Property Addreae'7;
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ToGETHERwith all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances,
~ renta, royaltiee, mineral. oil and gas righta and profits. water, water rights, and water atock, and all fixtures now or hereafter
€ attached b the property, all of which, including replacements and additiona thereto, ahall be deemed to be and remain a part of
the property o~vered by thie 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."
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~ Borrower covenants that Borrower ie lawfully aeized of the eatate hereby conveyed and has the right to mortgage, grant and
~ oonvey the Property, that the Property ia unencumbered. and that Borrower will warrant and defend generally the title to the
Property againet all claims and demande, e>>bject to any declaratione, easementa or reatrictions liated in a achedule of
exceptiona to coverage in any title inaurance policy inauring Lender's interest in the Property.
_ BLGr ~U~ ''4i'~ JU~
~ FLORIDA 1 TO 4 FAMILY-6n5-FNMA/FHLMC INDIVIDUAL
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