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HomeMy WebLinkAbout1246 . 45616 FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE ~ MORTGAGE o4-23053828 THIS MORTGAGE ie made this 16th day of ~Y . W is 79. ,between the Mortgagor, . Jame, Lane,and Bridget, Lane,, Hi~,,,ifg,,,,,,,,,, (herein "Borrower"). and the Mortgagee. FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corporation organized and e=lating under the laws of the United States. whose address is 100 South Second Street, Fort Pierce, r'lorida 334.50 (herein "Lender"). W H~tgr+s, Borrower is debted to der in the principal sum of Fi f t~~(1 T~l0uSd11d ,and , NOS 100, , , , , , , , , , , , , -------------.;".:"(,~15,000.0,0,-,----;--------------cellars, which indebtedness is evidenced by Borrower's note dated MaY. ,16,, ,1979, , , , , , , , , , , (herein "Note"). Providing for monthly instalhnenta of princi~1 and interest, with the balance of the indebtedness, if not sooner paid, due and payable on AU~USt 10,, 1999 TO3SCURSto Lender (a) the repayment of the indebtedness evidenced by the Note, with interest thereon. the payment of all other sums, with interest thereon. advanced in accordance herewith to protect the security of this MortgaB~ 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 21 hereof (herein "Fbture Advanoes'7, Borrower does hereby mortgage grant apd convey to Lender the following •described property located in the County of St; , LUCI e........ , , , , , , State of Florida: Lot 11, Block 106, South Port St. Lucie, Section 5, according to the plat thereof on file in Plat Book 14, Pages 12, 12a thru 12g, public records of St. Lucie County, Florida. 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 hereby. ; , ~ _ ~ ~ ` ~ ~ ti ~ - - ~C_~_ in PsYme^~ Ot Tsxet - r i peceived 4 ~ penal PropsrtY~ ~ ' pus On Gass "C" MM~g Ot 1971. _ P ~ To ~r ?1. ASS c Z s, - . ~ 1a~ ~M. 1 ~ ~ - N ~ r s Rickenbacker and Midtown Port St. Lucie which has the address of . cs+r.K? ~c~~,? = . FL 33452 - - . , , , , ,,(herein "Property Addreae'~; csai~ .nn do caan ToGETHERwith all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and proflta, 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." s Borrower oovenanta that Borrower is lawfully seized of the estate hereby rnnveyed and has the right to mortgage, grant and ~ convey the Property, that the Property ie 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. a aocK 3Uy ~AC:1245 FLORIDA - 1 TO 4FAMILY-6/75-FNMA/FHLMC INDIVIDUAL 1 _ _ -