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HomeMy WebLinkAbout0394 _ _ _ _ _ __~v. . - _ . - _ • ~~7Va~ THIS INSTRUMENT WAi PREPARED 8Y CITIi[N! r[b[RAL iAV INOi AND WAN AfiOC1AT10N OF iT. I.YCIE COYNTr fa0a F[O[RAI. NIONMIAY. FT. ~IERCt.'60RIDA C. R. MCOONALD. JR.. OENERAI. CO{jNSEL /22037251 MORTGAGE (SHORT FORM) THIS MORTGAGE is made thin nth nay of - - - - 19~_ ,between the Mortgagor, FA I R a PONELL CONSTRUCT 1 ON CO. ~ ! NC . , A F OR 1 DA CORP . - _ (herein "Borrower', and the Mortgagee, CITIZENS FEDERAL SAVINGS AND LOAN ASSOCIATION OF ST. LUCIE COUNTY, a corporation organized and ezistinq under the laws of the United Staten of America, whose address is 1600 South Fed- eral Highway, City of Fort Pierce, County of St. Lucie, State of Florida, (herein "Lender"j. WHEREAS, Borrower is indebted to Lender in the principal sum of TH 1 RTY ONE THOUSAND TVA HuNORED AND 00!100 Dollars, which indebtedness is evidenced by Bacrower'a note dated- SEPTEMBER 7, 1979 (herein "Note', providuag for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner-paid, due and pay - _ - - _ - able on JANUARY 1. 2010 TO-SECURE to-Lender (a)-the repayment of-the indebtedness evidenced by ~hhe-Note atitl-i-interest thereat;_-(b} _the payment of all _other_sums, _with interest_therson, _~iva~aced in accordance herewith to protect the security of this Mortgage; (c) the perforrrwnoe off the covenants and-agreements of Borrower - herein contained; (d) the performance of the covenants and agreements incorporated by reference hereinto; and_ (e) the repayment of any future advances, with ingest thereon, made to Borrower by Lender pur• scant to paragraph 21 hereof or incorporated by reference hersinto (herein "Future Advances"), Borrower does hereby mortgage, grant and convey to Lender the following descn'bed property located in-the-County---- - - of ST . LUC 1 E State of Florida: LOT 11, BOCK 56, PORT ST. LUCIE SECTION 25. ACCORDING ~ _ TO THE PLAT THEREOF AS RECORDED IN PLAT BOOK 13, PAGES 32A THROUGH 321 OF THE PUBLIC RECORDS OF ST. LUCIE COUNTY, FLORIDA RECEIYEO = 'Z' y O ~ PAYiRNi OF TAXES DIIE ON CLASS 'C MTAIlSFBLE PERSeNAL PROPf~j~'~ pllfiSilANi TO CNAPTi~ 1314 Of ttESS ~ GeM~'~ ~ 1NC7t µ ~ v ~ STATE aF FLORIDA. ~ ~ DOCUMENTARY,;:,.,, ySTAMP ~ DEPT. OF REVENUE + .i m _ P.B. _ _ ~ -1'' _ _ ~ ! 1102 ~ ' which has the address of 990 N W BAYSHOpR,.E BLVD.A,,.IYORT ST. LUCIE. FLORf DA 33452 - (hereul "Property Address"); IiTREETI (CITYI _ 'POGETHER with all the improvements now or hereafter erected on the property, and all ease- ments, rights, appurtenanoea, rents, royalties, mineral, 0~1 and qaa rights and profits, water, water rights, and water stock, and all fixtures now or hereafter attached to ths~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 the foregoing, together with said property (or the leasehold estate if this Mortgage is on a lease- hold) are herein refereed to as the "Property". Borrower covenants that Borrower is lawfully seised of the estate hereby conveyed and has the right to mortgage, grant and convey the Property, that the Property is unencumbered, and that Bc~rower will _ warrant and defend generaDy the title to the Property against all claims and demands, subject to any declar- ationa, easements or restrictions listed in a schedule of exceptions to coverage in a~ tide insurance policy insuring Lender's interest in the Property. FLORIDA -SHORT FORM - 1 to 1 Family - ells - FHt,MC UNIFORM INSTRUMENT 8~~~