HomeMy WebLinkAbout1104 ~A~551
FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION
OF FORT PIERCE '
. ~
MORTGAGE Loan ~ 02-23053562
THIS MOR'I`(3A(iBrit~~mad~ .23rd day of May ,
ad 1t79and R BERT H~ N~HERINa,Em,Aa~,~rHU~,Td~,CHINSON,a,single,adults„VERNON,C;, RHINESMITH,,a,married
~ (A"Borrower"), and the Mortgagee. FIRST FEDERAL BAVINGB
AND LOAN A.9,90CIATION OF FORT PIERCE, a corporation organized and existing under the laws of the United States,
whose address is 100 SonW Second Street, Fort Pierce, p'lorida 334b0 (herein "Lender").
Wtt~ts~s, Borrower is indebted to Lend in the rind al sum of THIRTY-TWQ, THOUSAND, AND ,NO/100-----„--,
------~32,Q4~).:Q~~:'.:-- Dollars, which indebtedness is evidenced by Borrower's
note dated M$Y..~3~. ~.~79 (herein "Note"). Providing for monthly installments of principal and
inct~eerree~s~ with the balance of the indebtedness, if not sooner paid, due and payable on .
.......$I'RtpPlb~r..1.4,..2484
ToSsCt~xsta Lender (a) We repayment of the indebtedness evidenced by the Note, wiW interest thereon, the payment of all
other sums, with interest thereon, advanced in aooordanoe herewith to protect the security of this Mortgage, and the
performance of the covenants and agreement of Borrower herein contained, and (b) the repayment of any future advances,
with interest thereon, made to Borrower by Lender pursuant to paragraph 21 hereof (heroin "Future Advanoes'7, Borrower
does hereby mortgage. grant and convey to Lender the following • described property located in the County
of.....St. -LuCi@ . Statof Florida:
The West 26 feet of lot 2 and the East 53 feet of Lot 3, Block 1-B, SAN LUCIE PLAZA, UNIT #1,
according to the plat thereof on filein Plat Book 5, on page 57, public records of St. Lucie
County, Florida. _
By agreement of Mortgagor and Mortgagee on file with the~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 hereby.
The Mortgagors covenants with the Mortgagee the above described real property
is not norv nor has it ever been the homestead of the mortgagors and that they
actually reside at: Vernon C. Rhinesmith, 1108 Alameda Ave, Ft. Pierce, Fla.
and Robert H. Nethery, 2217 Atlantic Beach Blvd. Ft. Pierce, Florida 33450
f
i
I
V
~ f ~~w rrttt.~ o+t.ow
_ ,~s~~a~r"•
-r- t- • r ' ; ~ _ , t Pursuant To 1
~ IiOA~
. L _
~',allfi.~~
~
g
r
which hoe the address of .2103 Hugo Road Fort Pierce
F 1 on da 33450.. _ .....(herein "Property Address");
z
K ~sue.~.oa uo coda
ToGETHERwith 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 5xtures now or hereafter
attached to the property, all of which, including replacement and additions thereto, shall bedeemed to beand rer-lain a part of
the property covered by this Mortgage; and all of the foregoing, together with said property (or the leasehold estate ifthis
Mortgage is on a leasehold) are herein referred to as the "Property."
Borrower covenants that Borrower is lawfull seized of the estate hereb conve ed and has the ri ht to mo
Y Y Y g rtgage, 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 decla-ations, easement or restrictions listed in a schedule of
exceptions to coverage in any title insurance policy insuring Lender's interest in the Property.
FLORIDA - 1 TO 4FAMILY-6/75-FNMA/FHLMC ~ 'r•` ~~-=~i0~ ~NDIVIDUA
L ~
~ ~z~ w-
_ .