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HomeMy WebLinkAbout1652 43f31~'7 THIS INSTRUMENT WAS PREPARED BY: CITIZENi iEOERAL fAVINGf ANO LOAN AffOC1AT10N OF fT. LUCIE COUNTY 100 f. FEDERAL NIGNWAY, FT. FIERCE, FLORIDA C. R. MCDONALD. JR., GENERAL COUNilL N22031825 MORTGAGE (SHORT FORM) THIS MORTGAGE is made this 19th day of March 191 ,between the Mortgagor, Beu ah Law, A Marr ed Wanan (herein "Borrower"), and the Mortgagee, CITIZENS FEDERAL SAVINGS AND LOAN ASSOCIATION OF ST. LUCIE COUNTY, a corporation organized and existing under the laws of the United States of America, whose address is 1600 South Fed- eral Highway, City of -Fort Pierce, County of St. Lucie, State of Florida, (herein "Lender"). WHEREAS, Bon~ower is indebted to Lender in the principal sum of Thirty-six Thousand and NO/100 ---------------------------------------------Dollars, which indebtedness is evidenced by Borrower's note dated March 19, 1979 (herein "Note"), providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner~paid, due and pay- able on Ap r i 1 l , 2004 TO SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note with interest thereon; (b) the payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this Mortgage; (c) the performance of the covenants and agreements of Borrower herein contained; (d) the performance of the covenants and agreements incorporated by reference hereinto; and (e) the repayment of any future advances, with interest thereon, made to Borrower by Lender pur- suant to paragraph 21 hereof or incorporated by reference hereinto (herein "Future Advances"), Borrower . does hereby mortgage, grant and convey to Lender the following described property located in the County of St. Lucie State of Florida: That part of the NEB of the SW~ of Section 8, Township 34 South, Range 40 East, St. Lucie County, Florida, more particularly described as follows: Begin 250 feet East of the NW corner of the NEB of the SW>: of said Section 8; run East on the quarter section line to the West right of way line of Old Dixie Highway, thence run Southeasterly along _ the West right of way line of Old Dixie Highway 196 feet to a point, thence run West parallel to the North line of said NEB of the SW>r I 500 feet, thence run North 179 feet to .the Point of Beginning. f "Mortgagor covenants that the property mortgaged herein is not the residence of the mortgagor, nor is contiguous to the residence of the mortgagor and is not mortgagor's homestead."~ / - - Received • ' ~ M Payntaltt Of TaxN ~ - . - - ~ ~ ~ Due On Class "C" Intan~iWaPw~sonalPraparty, ~ ~ pu•sutult To Chapter 71, 134, /lots Od 1871. , - ~ ROGER POITRAS . ~ 1. clra Circuit Covet, SL lucM, Co.. Fia. `'s which has the address of 198 North Old Dixie Highway, Fort Pierce, Florida 33450 (herein "Property Address")~ ISTREETI ICITVI TOGETHER with all the improvements now or hereafter erected on the property, and all ease- ments, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and jl - 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 all the foregoing, together with said property (or the leasehold estate if this Mortgage is on a lease- hold) 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 declar- ations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy insuring Lender's interest in the Property. FLORIDA -SHORT FORM - 1 to 4 Family - 916 - FHt.MC UNIFORM INSTRUMENT C' ~ ~3U5 1fi49