HomeMy WebLinkAbout2592 ST-40306
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ABSTRACT 8 TITLE CORP. Oi ilA
IOS S 2ND ST FpgT ME11CE. flOgiOA
MORTGAGE
THIS MORTGAGE is made this .....?7th. . . . ....day of April.. ~ ~ ~ ~ ~ - ~ ~ ~ ~ ~ ~ ~ ~
19..7.x, between the Mortgagor, ......JERRY D. FRANCIS and PATRICIA L.. FRANCIS T . . . . . . . . . . . .
_ , , .his wife . . . . . . . . : . . . ~ herein "Borrower'") , and the Mortgagee, Indian River Fcclcral
Sa~•ings & Loan Association, a corporation organized and existing under the laws of United States of America,
whose address is Vem Bench, Florida Therein "Lender").
WHEREAS, Borrower is indebted to Lender in the principal sum of . ~RT.Y FIVh. ; • ~iOUSAND • altd- , , , , , , ,
......na/1Q0--:- • .---°°-°-cellars, which indebtedness is evidenced by Borrower's
note dated ....April _27 ~ • 1979.. , . _ (herein "Note"), providing for monthly installments of principal and
interest, with the balance of the indebtedness, if not sooner paid, due and payable on.. O~etaher. 1,. 2002...... .
To SECURE to Lender (a) the repayment of the indebtedness evidenced by the Nate, with interest 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 !render pursuant to paragraph 21 hereof (herein
"Future Advances"), Borrower does hereb}~ mortgage, grant and convey to Lender the following described property
located in the County of ~.tti .Lucia State of Florida:
The South 20 feet of Lot 21 and all of Lot 22,
_ + OLEANDER PARK SUBDIVISION, according to the
`z co Plat thereof, as recorded in Plat Book 9, Page
r r ; ~ 76, of the Public Records .of St. Lucie County,
~ Florida.
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2434-701-0021-000/4
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which has the address of...... WAXNE .AVE.,....... FORT. PIEBCE,- F.LORIDA.. • . - 33450 • • • - - • • • • • • • •
(street) [C~tYI
(herein "Property Address'");
[State and Zip Code1
TocETHER 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 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 seised of the estate hereby conveyed and has the right to mortgage.
s 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 insurance policy insuring Lender's interest in the Property.
FLORIDA-~ to 4family-6175-FNMAIfHIYC UNIf01lM INSTRUMENT g~dX ~ + FrVV1 ~R~ ~M ~ ~6 yA~•
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