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HomeMy WebLinkAbout2588 _ . - - i 4~a~s3o~ i t FIRST FEDERAL SAYINGS' AND LOAN ASSOCIATION OF FORT PIERCE ~ ~ ` MORTGAGE of -23055492 it 1 13th June ~MORT(~A(3S is made~ d~u? . , i9.?? . bdween the Mortgagor, .E<iwari! ;C:; ; Reea;..a, .si riyl a ;adult . (herein "Horrower'~, and the Mortgagee. FIRBT FEDERAL SAVIIdGB AND LOAN ASSOCUTION OF FORT PIERCE, a corporation organised and existing under the laws of the United States, whose address is 100 Sonm Second Street, Fort Pierce, Xlorida 33!50 (herein "I.ender'~. -WHEREAS, Borrower is indebted to ~6ig~tlgs_principal enm of ..Fifteen ,Thousand ,Six, Hundred .and, no/100 5 UU UuUv)/ Dollars, which indebtedness is evidenced by Borrower's note dated .......~une, ~3;, (herein "Note', providing for monthly inatpllpiei~ ofpal and ~~~u~iYy , 1~~3 interest, with the balance of the indebtedness, if not sooner paid, due and payable on . ToSECt~Eto Leader (a) the repefvyment of the indebtedness evidenced by the Note, with interest thereon, the pa~?ment of all othear sums, with interest thereon. advanced in aceordanca herewith to protect the security of this Mortgage. sad the performance of the covenants and agreements of Borrower herein contained, and (b) the repsfymeat of any future advances, with interest thereon, made t4,Borrower by Lender pursuant to paragraph Zl hee+eof (herein "Ftiitnre Advanoes'~, Harrower does hereby mortga~e~ grant and convey to Lender the following •described property located in the County of..... St:. LuC1 e . State of Florida: Begin at the Northwest corner of the Southwest 4 of the Southeast : of the Southwest ~ of Section 11, Township 35 South, Range 40-East, and run thence East on the North line of said Southwest 4 of the Southeast of the Southwest 4f a distance of 150 feet; thence run South 100 feet, thence run West 150 feet; thence run North 100 feet to the Point of-Beg- inning, situated in St. Lucie County, Florida. ~ F i 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. e D { 1~'~- L~: Q?I CL..SS 'C' i:{i..i:~ f'.~..a:-L f :3:'~.:~tY, ~ _ _ FU8SU1U11-TO CIiL~TE~ 7t•.,:i, :.~i~ f~f 1911 . ~ , E - ~ ; . _ _ CLERx a1tC11tt count, Si. lU.,:E Ce.. FLA. a g • 2010 South 37th Street Fort Pierce which has the address of cad.w ice, ~ h Florida. 33450.. •.(herein "Property Address"); iau...se ro cAaa TOGE7tiERwith 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 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." 1 Borrower covenants that Borrower is lawfully seized 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 declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy insuring Lender's. interest in the .Property. E FLORIDA - 1 TO 4FAMILY-6/75-FNMA/FHLMC 5~''r ~~O ~~E~~ INDIY{Dt1AL