HomeMy WebLinkAbout0278 ' ~ FIRST FEDERAL SAVINGS AND L0~1N ASSOCIATION
OF FORT PIERCE
4SG036 MORTGAGE o1-23059395
1'IIIS MoR'rGAGE is made this ............10th day of .......August...................... ,
19. ~9, between the Mortgagor, SUS?OM HOUSING. SYS.tEMS, . INC..,. 8 . F1ortda..corpar:aLton.......... .
(herein "Borrower"), and We Mortgagee, FIRST FEDERAL SAVINGS
AND IRAN ASSOCIATION OF FORT PIERCE, a oorposation organised and existing under the laws of the United States,
whose address is 100 SonW Second Street, Fort Pierce, Florida 33450 (herein "bender").
WHBRSAB, Borrower is indebted to Lender in the principal sum of .THIRTY TMIA 7!tOUSAND.ELGHT .HUNDRED FWD .
.NO~l1Q0----------(~t3~-,800_..Qp~.:----:~--::----------rDollars, which indebtedness ie evidenced by Borrowez's
note dated August •10, • 1975 (herein "Note', providing for monthly installments of principal and
interest, with the balance of the indebtedness, if not sooner paid, due anct payable on OC~.Ober.1Q,..20Q4....
To 3sctTxx to Lender (a) the repayment of the indebtedness evidenced by the Note, wiW interest thereon, the vgyme~nt of all
other same, with interest thereon, advanced in aooordanoe herewith to prated the see~uity of this Mortgage aid the
perfor>naaoe of the covenants and agreemeata of Borrower herein oontaiaed, and-(b) the r+epeyment of aqy fntnre advances,
with interest thereon, made to Borrower by Lender pnrenant to paragraph 21 hereof (herein "Ptittare Advanoes'~, Borrower
dose hereby mortga6e grant and convey to Lender the following described property located in the County
of..... -St, .luCt@ State of Florida
Lot 14, Block 34, PORT ST. LUCIE, SECTION 25, according to the
plat thereof on file in Plat Book 13, page 32, public records
of St. Lucie County, Florida.
By agreement of Mortgagor and Mortgagee on fiel with Mortgagee,
the within mortgage secures not only an existing indebtedness,
.but also ADVANCES to be HEREAFTER erode by Mortgagee to Mortgagor
the aggregate of which will equal the principal amount specified
in the promissory note secured hereby.
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Y~ IN PAYMENT QF TAX:S
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~ AMEN
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which has the address of .....:..600. N. W. Sharp. Street . . . . . .Port. St :.Lucie , . , , , .
. .
Fl orida..33452 .......therein "Property Address"r
~aur..sa z;o c~?
ToGETHERwith 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."
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 b 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 pe-licy msunng Lender's intere8f m t e operty.
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~ ao~K315 PaGE 277
FLORIDA - 1 TO 4FAMILY-6/75-FNMA/FHLMC CORPORATION