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HomeMy WebLinkAbout2578 • 450042 ; . FIRST FEDERAL SAVINGS ANb LOAN ASSOClAT10N OF FORT PIERCE ' ~3. MORTGAGE oa_23056722 1'HIS MOR'1'(~AGS ii made thi~ . . . 29th . . . . . . a,~? or . . . ~une. . . . . . . . . . , is.7R . bet.oeen tbe Htor~agor. . .Ar.x~d .Mc .Queen .and. Ruth •Mc •QuQen, • hi ~ •w~ ~e . . . . . . . . . . . . . . . . . . . . . (hezein "Bosro~ra~, and the Mortgagee. FIRST FEDERAL 3AVINC3 AND LOAN A3.90CUTION OF FORT PIE~CE~ s oorporation organised and esisting nnder the laws of the United 3tatea. wbose addrers is 100 3onm 3eoond 3treet. Fort Pieroe. l~'lorida 334b0 (hezein "I.eade~. WH~tts~s, Borrower is indebted to Lender in the principal sam of .$E~IEN.T.EEN .THOUSA[d~.AND. NO/10Q'szr: i~er.iT~ :-rn~rn~r,~.~.,r.~N.~,~17?,QQarO(1~•~•.•.••~.•.•r..•,•.-.~.._..,,._....Dollars, wluch indebtednese is evidenoed by Borrower's note dated ...........~Wte• ~4 • 1~~9............ (herein "Note"). Providing for mon~hly instalimeuta of principal and intereet, with the balanoe of ~e indsb~tednesa. if not sooner paid~ dne and payable on ...September.. ]A,.19g9.. - 1b $gCCt~ to Lender (a) the rep~yment of the indebtednea8 evidenoed by the Note~ with intereet thereon, the pavment of all other snnu. with interest the:eon, advanoed in aaoordanos he:eMith to protect the secnrity of this MortBaBa and the pa:formanae of the oovenants and agreeme~ata of Bo:rowe~ herein oontained, and (b) the repayment of aqy fntnrs advanc~. with intenst thereon~~made to Borrower bq I.endaz pnranaat to psragraph 21 he:eof (hezein "Pbtnre Advanoes'7. Borrowrer doe~ hereby mostgage~ grsat and canveyr to I.ende9r the following • deecribed properiy located in the Connty of . . . . . . . . . . . . . . S t . I, UG ~ Q . . . . . . . . . . . . . . . . . . , State of Florida Lpt 3, Blpck 5Q, South Port St Lucie, Unit 6. According to the plat thereof on file in Plat Book 14, pages 14, 14 A and 14 B, p~blic records of St Lucie County, Florida. By agreement of Mortgagor and Mortgagee on ~ ~ ~ ~ fi 1 e wi th Mortgagee, the wi thi n mortgage ~ ~ secures not only an existing indebtedness, ;i~; ~ but also ADYANCES to be HEREAFTER made r ~ t ; by Mortgagee to Mortgagor the aggregate ;.4 ; of whi ch wi 11 equal the pri nci pal amount ` ~ - specified in the promissory note secured ~~it~'-'.~~~~ ! hereby. ~ ~;-r.-: ~ i ` _ ~ - ~ ~ - ~ s~y itf ~ ~ (~r~:_ ~-l ~ ~ : ~ _ ~ ~ q~ „ r ~ ~nt Ot T~ r~ ' ~ ~ ~ i ~ ~y~ M4iq~y 1 • ~Wat T Ca~,,,, 7t t~ A~I~ Oi . ~ ~M~~~~~~~ ~l11~ _.,:.~r` ~ ~r ~ / ~ ~ ~ ' v > ~ x ~ which hae she addrees of . . . . . . . . ...pel.anQ . Rnad . . . . . . . . . . . . . . . . . . . . . . . ~oxt• •St• •L• u~i e . . . . . . . . . . . . . . . . ~ ~ ~ ccu,? . . . . . . # .Flqrlda. 3~452....(herein •'Pmperty Addreas"); ~ ~ te~.e..na 7:y coe.? - ~ ~ ToGETHERwith all the improvementa now or hereafter erected on the property, and all easements, righte, appurtenances. a rents, royaltiea, mineral. oil and gaa righta snd profita, water, water righte, and water atock, and all fixtures now or hereafter ~ ~ ' attached to the property, al) of which, including replacemente and addiNons thereto, ahall be deemed to be and remain a part of > the property oovered by thie Mortgage; and all of the foregoing, together with said property (or the leasehold estate if thia ~ ~ Mortgage ia on a leaaehold) are herein referred to as the "Property." p ~ Borrower oovenante that Borrower ie lawfi~lly aeized of the eatate hereby conveyed and hae the right to mortgage, grant and ~ rnnvey the Property, that the Property ie unencumbered, and that Borrower will warrant and defend generally the title to the ~ ~ Property againet all claima and demanda, eubject to any declaratione, eaeementa or restrictions listed in a schedule of eaceptions to coverage in any title insurance policy inauring Lender'a interest in the Property. ' ~ _ ~ Yr'~~~ '~L: ~V 1~ > ~ FLORIDA ~ ¦ TD d F~~~~ r~E~fI7S~CYY~/CYI Y~` I~tw~v~~.~