HomeMy WebLinkAbout0415 .4~5{)'7y
~ FtRST FEDERAL SAVINGS AND LOAN ASSOCfAT10N
OF FORT PIERCE ,
MORTGAGE o,-23053455
THI9 MOATGAGE ia made this . . . . . . : 11 th . . . . . . . . of . . . . . ..~Y . . . . . . . . . . . . . . . . . . . . . .
i9.?9 ,betweeatheMortgagor,......,fihomas S.~ Franco and,LeeAnn ranco,, his„wifg,,,,,,,,,,,,,
. . .
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (herein "Borrower"). and the Mortgagee. FIR3T FEDERAL SAVING3
AIVD LOAN A330CIA1'ION OF FORT PIERCE, a oorporation organized and existing under the lawe of the Uuited Statee,
wDoae addrees ie 100 South Second Street, Fort Pieroe, r'lorida 33450 (herein "Lender").
wHexe~s, Borrower is indebted to Le gr in the pri cipal eum of ..Thirty, One ,Tho~s~nd .Q~e. Hundred ,~nd, no/100
...---------------------------~~31.:100: UO~------- ~llare. which indebtedneae is evidenced by Borrower'e
note dated . . . . . . . . . . . . ~?Y. .~.1. ~ 97~. . . . . . . . . . . . (herein "Note"). Providing for monthly inetaUmenta ofp rincipal and
interest, with the balance of the indebtednesa. if not aooner paid. due and payable on ...~une. 10,_ .1008.
ToSgc~~~ts to Lender (a) the repayment of the indebtednees evidenced by the Note, with in~t thereon. the pavment of all
othez eums, with intereet thezeon, advanced in aooordanoe herewith to protect the aecurity of this Mortgage~ and the
performanoe of the oovenants and agre~ents of Borrowez herein oontained. and (b) the rep~yment of any future advances.
with interest the~reon. made to Borrower by Lendez pnrsnant to paragraph 21 he~reof (herein "Fnture Advanoee")~ Borrowez
does hereby mortg~e.~ grant and oonvey to L.ender the following •deecribed pmperty located in the County
of . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . State of Florida
Apartment C-1 103, COLANNADES CONDOMINIUM, According to the Declaration of
Condominium recorded in 0. R. Book 223, Page 864, public records of St. Lucie
County, Florida.
TOGETHER WITH all appurtenances thereto, together with an undivided interest
in the carmon elements and limited common elements thereof.
By agreement of Mortgagor and Mortgagee on file
with Mortgagee, the within mortgage secures not
only an existing indebtedness, but also ADVANCES
to be HEREAFTER made by Mortgagee to Mortgagor ~ ~
the aggregate of which will equal the principal
' amount specified in the promissory note secured
,I ~l
~ hereby.
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l ~'U7EUW11 TO CHA?i~:^ 1!- ' •••11'
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~ 1323 Bayshore Drive Fort Pierce
~ which hae the address of
~ cse..~, cca,>
Florida 33450 ,,(herein "Property Addreae")-
t9tate ~ne~tip Codq '
: Tt~ce'rt~ettwith all the improvementa now or hereafter erected on the property, and all easements, rights, appurtenancea,
- rents, royalties, mineral, oil and gas righta and profits, water, water righte, and water stock, and all fixtures now or hereafter
& attached to the property, all of which, including replacements and additione thereto, ahall be deemed to be and remain a part of
= the property oovered by thia Mortgage; and a11 of the foregoing, together with said property (or the leasehold eatate if this
~ Mortgage ia on a leasehold) are herein referred to as the "Property."
~
~ Borrower covenanta that Aorrower ie lawfully aeized 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 againat all claims and demanda, subject to any declarations, easementa or restrictions liated in a achedule of
; exceptiona to coverage in any title inaurance policy insuring Lender'a intereet in the Property.
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~ F~oRi~a To a F~M~ - ~U9 415
LY G/75-FNMA/FHLMC INDIViDUAL ~
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