HomeMy WebLinkAbout0909 44'71~34 ~ ~ ~ .
THIS INSTRUMENT WAS PREPARED BY:
, CITIZ[N! PEO[RAL iAVING~ ANO LOAN
' AfiOC1AT10N Or fT. LVCI[ COYNTV
/~00 f. FtD[RAL NIGNWAV. Ff. ~1[RCt. FL01110A
C. R. MCOONALD, JR., GEN<RAL COUNf[L
i
MORTGAGE
(SHORT FORM) 22C~35040
THIS MORTGAGE is made this 2~TN day of MAY ~
19_?~ ~ between the Mortqagor~ ADVANCED DEVELQPERS. I~lC. , A FLORIDA CORPORATIOk.
~ (herein "Borrower"), and the Moctgagee,
CITIZENS FEDERAL SAVINGS AND LOAN ASSOCIATION OF ST. LUCIE COUNTY~ a corporation
o~anized and existinq under the laws of the United States of America, whoee address is 1600 South Fed-
eral Highway~ City of Fort Pierce~ County of St. Lucie~ State of Florida~ (herein "Lender").
WHEREAS, Borrower is indebted to Lender in the principal sum of FORTY FOUR THOUSAND
C~NE HUNDRED AND NO ~ 100 Dollars~ which indebtednesa is evidenced
by Bocrower's noLe dated MAY 25. 19?9 (herein "Note")~ pmviding for monthly
inatallments of principal and interest~ with the balance of the indebtedness. if not ~ooner paid, due and pay
able on tVOVEMBER 1. 2009
TO SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note with inter~t
thereon; (b) the payment of aD other siuns. 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 agreementa incorporated by reference hereinto;
and (e) the repayment of any future advanoes, with interest thereon. made to Borrower by Lender pur-
suant to paragraph 21 hereof or incorporated by reference hereinto (herein "Future Advances"). Borrower
does hereby mortgage~ grant and convey to Lender the following deac~ibed property located in the County
of ST _ LUC I E State Of FlOrida:
f_OT 18~ BLOCK 260~ PORT ST. LUCIE, SECTION 24~
ACGORDING TO THE PLAT THEREOF ON FILE AS REGORDED
IN PLAT BOOK 13, PAGES 31 AND 31A THROUGH 31C.
OF THE PUBLIC RECORDS OF ST. LUCIE COUMTY. FLORIDA.
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~ lD Due On Class ••C•• Intanp~ peaor~al prop~rn
Purn?ant To ChePtet 71. 134. /1cq Qf ~87~.
ROGER POITRAS ~
C~c?r C~rcuit Couri. S~ Luci~. Co., Fls.
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which has the address of ~RF~TON LAFlE; PT ST LLCTE, FLA ~~452
~ ~~16!'@lIl "Property Address"'~ (lTREET) Ic~Tr)
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TOGE'THER with all the improvementa now or hereafter erected on the~ property, and all ease-
; ments, riqhts, appurtenances, rents, royalties, mineral, oil and gas riqhts and profits, water, water riqhts~ and
~ water stock, and all fixturea 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;
and all the foreqoinq, together with said property (or the leasehold estate if this Mortqage is on a lease-
~ hold) are herein refe~red to as the "Property".
~
~ . BoROwer covenants that Borrowec is lawfully aeiaed of the estate hereby conveyed and has the riqht
~ to mortgage, c,Rant and convey the Property, that the Property is unencumbered, and that Borrower will
~ warrant and defend generally the tide to the Property against aIl claima and demanda~ subject to any declar-
~ ations, eaaements or restrictions listed in a schedule of exceptions to cov~aqe in any tide insuranoe policy
~ inauring Lender's interest in the Property. .
~ FLORIOA - sHORT FORM to 4 Family - W7d - FHLMC UNIFORM INSTRUMENT ~~O ~/V~/
yt /~iY..