HomeMy WebLinkAbout0394 ~~'tSU I~ THIS INSTRUMENT WAS PREPAREO BY:
CITI2ENS FEOERAL SAVINGS ANO ~.OAN
ASSOCIATION OF ST. LUCIE COUNTV
. - 1600 S. FEOERAL HIGHWAV, FT. PIENCE, FLORIDA
C. R. MCOONALD, JR., GENERAL COUNSEL
MORTGAGE 22034571
~ (SHORT FORM)
THIS MORTGAGE is made this t h day of MAY ~
19~~ , between the Mortgagor, GEM BU I LDERS I NC A FLOR I DA CORPORAT I ON
(herein "Bonower")~ 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"j.
WHEREAS, Bocrower is indebted to Lender in the principal sum of TWENTY S I X THOUSAND
E I GHT HUNDRED AND 00/100 Dollars, which indebtedness is evidenced
by Borrower's note dated MAY 18, 1979 (herein "Note")~ providinq for monthly
installments of principal and interest, with the balance of the indebtedness, if not sooner paid~ due and pay-
able on OCTOBER 1. 2009
'PO 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 Mortgaqe; (c) the performance of the covenants and aqreements 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 paraqraph 21 hereof or incorporated by reference hereinto (herein "Future Advances"), Bonower
dces hereby mort a, ant and convey to Lender the followinq described property located in the County
of ST State of Florida:
LOT 18, BLOCK 94, PORT ST. IUCIE SECTION 27,
ACCORDING TO THE PLAT THEREOF RECdRDED AT
PLAT BOOK 14, PAGE 5A THRU 51 OF THE PUBLIC
RECORDS OF ST. LUCIE COUNTY, FLORIDA.:
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~ q~~ d~ ' 3~ In Paymsnt 01 Taxes
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; ~ue On Cless "C" Intangible Pe~sonal Property.
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ou~suant To Chapter ~i, 134, Acis Of 1971.
ROGER POITR~r~i~
~ . . . , - _ : . C~e?k C~rtuit Court. SL LuCN. Co.. FI~.
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~ which has the address of PEACH STREET, PORT ST. LUC I E, FLOR I DA 33452
(herein ~~Property Address"~~ (STREET~ (CITY)
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TOGETHER with all the improvements now or hereafter erected on the property, and all ease-
; ments. riqhts, 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~ includinq replacements
- and additions thereto, shall be deemed to be and remain a part of the property covered by this Mortgage;
3 and all the foregoinq, together with said property (or the leasehold estate if this Mortqage is on a lease-
r hold) are herein referred to as the "Property".
~ Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the riqht
~ to mortqaqe, qrant and convey the Property~ that the Property is unencumbered~ and that Borrower will
~ warrant and defend generally the tide to the Properry against all claims and demands, subject to any declar-
~ ations, easements or restrictions listed in a schedule of exceptions to coveraqe in any tide insurance policy
insuring Lender's interest in the Property.
~ FLORIDA - SHORT fORM - 1 to 4 Famiy - 9l76 - FHLMC UNIfORM INSTRIHNENT j~~,!. Vv~ ''A~~ 394
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