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HomeMy WebLinkAbout1841 ~~4599~ ~ / SOUTHE~~N FEDEI~?AL SAVINGS AND LOAN ASSOCIATION OF BROWARD COUNTY This igStry~FFR~repared br:_ ::11 J~ THISTLE MORTGAGE 225 N. Ff--_ ~ L t-I~GHWAY (SHORT FORM) 3062 THIS MORTGAGE is made this ~*h _ day ofl~lay , 1212_. between the Mortgagor. LAWRENCE M. DONGHIA and RENATE DONGHIA. his wife (herein "Borrower"). and the Mortgagee. , SOUTHERN FEDERAL SAVINGS AND LC?AN ASSOCIATION OF BROWARD COUNTY a corporation organized and existing under the laws of the United States of America whose address is 225 North Federal Highway. Pompano Beach. Florida 33062 (herein "Lt:nder'"). WHEREAS. Borrower is indebted to Lender in the principal sum of TWENTY NINE THOUSAND TWO HUNDRED and No/100--------------------------------------Dollars, which indebtedness is evidenced by Borrower's note of even date herewith (herein "Note"). providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and payable on nr•*^l~r t , 2(108 TO SECURE to [.ender (a) the repayment of the indebtedness evidenced by the Note w7th interest thereon; (h) tht: payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this Mortgage; (c) the performance of the covenants and agreements 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 pursuant to paragraph 21 hereof or incorporated by reference hereinto lhcrein "Future Advances"), Borrower does hereby mortgage, grant and convey to Lender the following described property located in the County of St. Lucie ,State of Florida: Lot 8, Block 147, IAKF~IOOD PARK UNIT NO. 11 according to the Plat thereof, recorded in i Plat Book 11, Page 32A of the Public Records of St. Lucie County, Flgr~.da. ~ - i ` _ - ,e' •-~_"ar_s ~ Oua On Clsa "C" NM~It~~f~ purtwant Te ChsMM r~~ R0~ Clark C'acuit foYA. M.1~d'"~? i This Mortgage Deed is by reference made a part of and in accordance with the Construction Loan Agreement executed by the parties hereto on even date herewith. ~ i ~ y'tt r,:, TOGETHER 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 rnvered by this Mortgage; and all of the foregoing, together with said property (or the leasehold estate in the event 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, 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 easements and restrictions listed in a schedule of i exceptions to coverage in any title insurance policy insuring Lender's interest in the Property. FLORIDA-FH~MC-Short Form-9172-t to 1 Ft1mHr ' RETURN TO SOU ERN FEDERAL SAVINGS AND LOANZ~~~~iFED~ HW COUNTY O R 3455, REV., 4/75 POMPANO BEACH. FLORIDA 33062 300KWt`7 ~A~E~~ r _ _ T ~