HomeMy WebLinkAbout0998 ~ 44'~250
FIRST FEDERAL SAYINGS AND LOAN ASSOCIATION
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OF FORT PIERCE ,
~ M4RTGAGE Loan ~ 02-23053596
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29th MU+
THI3 MOAT(`AGE is made this . . . day of . . . . . . . . . . . . . . . . . . . . . . . . . ,
t9. ~~,betwcentheMoTtgagor. . LiCAUSI,-NEWMAN,CONSTRUCTIOt!1~„ING;a„~, Floridd,Corporation,,,,,,,,,
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (herein "Borrower"), aad the Mortgagee, FIRS1' FEDERAI. 3AVING3
AND LOAN A3Sf~IATION OF FOAT PIERCE, a corporation organized and eaiating under the laws of the United 3tates,
whoee addreea is 100 South 3econd Strcet, Fort Pierce, Florida 33450 (herein "I.eader"). .
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W H~es, Borrower is indebted to Lender in the principal aum of . F~r.tY. .~nRUS~n~. .F~ ~4. ~4n~r~d , dr~~, yQ~l QO--
------------------------------~~~Q,SQQ.~Q~----.:--Dollara, which indebtednese is evidenced by Borrower's
note dated . . . . . . I'1a,y. .29.~ . aQ79
. . . . . . . . . . . . . . . . . . (herein "Note")~ Providing for monthly inetallmente of principal and
interest. with the balanoe of the indebtednese. if not sooner paid, due ana payable on . . . . . . . . . . . . . . . '
. . . .August.l0.. .20A8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ;
To SECUxslo Lender (a) the repayment of the indebtednesa evidenced by the Note. with interest thereon, the payment of all
other eums, with interest thereon~ advanced in aooordance herewith to pmtect the eecurity of thie Mortgage. and the
performance of the oovenante and agreemente of Borrower herein contained, and (b) the repayment of any future advances~ =
with intereet thereon, made to Borrower by Lender pursuant to paragraph 21 hereof (herein "I~ture AdvanceB'~, Borrower ~
does hereby mort~ege, grant and convey to Lender the following deecribed property located in the County
of..... .~~r..~.4~1~ Stateof Fiorida:
s
~ot 7, Block 2, EXECUTIVE ESTATES, according to the plat thereof on file in Plat Bcok-18,
on page 2, public records of St. Lucie County, Florida.
By agreement of Mortgagor and Mortgagee on file with the Mortgagee, the. y
within mortgage secures not only an ex~isting 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.
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which hae the addrees of . . HOl l y Avenue . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .Fort P i erce . . . , . . . . . . . . . . . . . . . . . . . . . ,
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~ Florida 3345Q
. . ...........(herein "Property Addreae");
~ ~~;k .~a ti, caa~~
~ TocE'I'Fteewith all the improvements now ~r hereafter erected on the property, and all easementa, rights, appurtenances,
~ renta, royalties, mineral, oil and gas rights and profits, water, water rights, anti water stock, and all fixtures now or hereafter
~ attached to the property, all of which, including rep]acementa and additions thereto, shall be deemed to be and remain a part of
~ the property covered by this Mortgage; and a{1 of the foregoing, tngether with said property (or the leasehold estate if this
~ Mortgage is on a leasehoid) are herein referred to as the "Property."
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~ Borrower covenanta that Borrower is lawfully seized of the estate hereby conveyed and has the right to mortgage, grant and _
~ convey the Prvperty, that the Property ie unencumbered, and that 13orrower will warrant and defend generally the title to the
~ Property against all claims and demands, aubjrct to any declarationa, easements or reatrictions listed in a schedule of -
F~xceptions to coverage in any title inaurance policy insurinR Lender's interest in the Property.
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~ R 310 ~ ~ 998
~ FLORIDA - 1 TO 4 FAMILY-G/75-FNMA/FHUNC gUOK AG. ~ORPORATION
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