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HomeMy WebLinkAbout2421 ' ~~0602 ST-k0,168 Tlsis ~nsMt~n.~+t P•°psred by: STUART =MARTIN TITLE CO.. INC. Post Office Bo: 866; Stwrt, Ha. 9rs Debbie SiQafoose_,_ *2002862(6) MORTGAGE ~ l~~ TH1S MORTGAGE is made this 9th day of April 19_Z2_, between the Mortgagor. LADY D. ASHBURN and SHEILA L. ASHBU1tN his wife (herein, "Borrower"),- and the Mortgagee. First Federal Savings and Loan Association of Martin County. a corporation organized and existing under the laws of the United States of America, whose address is 989 South Federal Highway, Stuart, Florida (herein "Lender'). _ WHEREAS, Borrower is indebted to Lender in the principal sum of THIRTY NINE THOUSAND SIx HUNDRED DOLLARS AND NO/100ths----- Dollars, which indebtedness is evidenced by Borrow- er's note dated APril -9th, 1979 (herein "Note") ,providing for monthly installments of prin- cipal and interest, with the balance oE~the indebtedness, if not sooner paid, due and payable on October 1, 2009 To SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the payment of all other sums, with into. eat 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 Y1 hereof (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: Lots 14, and 15, Block 1117, PORT ST. LUCIE, SECTION NINE, according to the plat thereof, as recorded in Plat Book 12, pages 39A through 39I, of the Public Records of St. Lucie County, Florida. ,q s ~ tf1 ~ Taxet ow On Clan "C' p~nsi Prove?t11. pursuam To ChttMls 71. ~s~?, a 1s». J~T'Fa t-. ~ - ~ ~ L % ? ~ ? « F = cte.k Chad, Cost, et. 4soM. t _ s I I which has the address of Monterrey Lane. ~ Port St. Lucie, tsh.etl tC~rl Florida 33452 (herein "Property Address") ; tse.a ..a ~ codl TtxErHER 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 hereaher attached to the property, all of which, including replace- } menu and additions thereto, shall be deemed to be and remain a part of the property covered by this Mortgage; and all of the foregoing, together. with. acid 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 title inaur- ante policy insuring Lender's interest in the Property. FIARIDA-I to 4 Family-6/75-FNMA~FHLMC UNIFORM INSTRUMENT BOCK 306 ~ 2419 .1 -