HomeMy WebLinkAbout0888 ~~3~f 4 _ , . ~ 4603 ~ 13_
f
FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION.
fiHls 1S A BALLOON MORYGAGE AND THE FINAL ~F ~'Q~ PIERCE
FhYtriENT OR THE BALANCE DUE_UPON MATURITY
IS 514,331.19 TOGETHER WITH ACCRUER ~ - -
IP~7ERESi li AP~Y Al~D-ALL ADdANCEMENTS MADE MORTGAGE 05.23061227
BY THE MORTGAGEE ENDER THE TERMS Of THIS
MORTGAGE:
THIS MOAT(~A(3g is made this 18th day of . .~P.~~e1: .
.
is. 7,~ . between the Mortgagor, Ali =.1 ~s~114. M.. HaNct ~ .and. Marx . T... Haokios~, . his. Sri f.+e .
(heroin "Borrowef'), and the Mortgages FIRST FSDBRAL SAVnNa9
AND IRAN ASSOCIATION OF F(}RT FISRCS. a corporation organized and existing under the laws of the United States,
whose address is 100 South Second Street, Fort Pierce, trlorida 93460 (herein "header").
Wt~s~s, Borrower is indebted to Lender in the principal enm of .TWENTY, FQUR, THQ,U,Q, SFY~1~, ~tlNDR~D ,Aj~Q
KQ~~QQ-~- ;----(.~~4.7QQ.Q0~--------Dollars, which indebtedness is evidenced by Borrower's
note dated Seutev~er..l$.,..19I9......... (herein "Note', Providing for monthly installments of principal and
interest; with the balance of We indebtedness; if not sooner paid, due and payable on ..Ont0>~er..10.>19~4.......
To 3ge[rssto Leader (r)ibs repavymeat oftheindebtedness-evidenced by the Note, with interest thereon, the payment of all
other sums, with_intersst thereon, advanced in aooordanoe hee+ewith to pr+otec~ the secmrity of this Mortgage; and the
performance of the ooveaants and agresenents of Borrower heroin oontaiaed, and (b) the repayment of aRy future advances,
with interest thereon, made to Borrower by Leader pursuant to paragraph Zl hereof (herein "Pare Advanose"), Bosrowee
does hereby -grant and oonveq to Lendae the following •described prop~t~y located in the Connt~jr j
of..... St ~1~~
4 . State of Florida:-
Lot 31, BAY COLONY OF STUART, as per plat thereof on file in Plat Book 7,
at Page ~ 56, Public Records of Martin County, Fl on da_and also recorded i n _ _
Plat Book 19, Page 1, Public Records of St. Lucie County, Florida.
By-agreement of Mortgagor and Mortgagee on file
with Mortgagee, the within mortgage secures not .
only an existing indebtedness,_but also ADVA~~CES
to be HEREAFTER made by Mortgagee to Mortgagor
the aggregate of which will equal-the principal
amount specified in the promissory note secured
hereby.
-1 ; ; _ . - - - - - i RfCE1NED i IN PAYMENT pFT~g
f - ' ' = ~ i- i" 1. LJ fir' I t..~ h - Ott OR CtJ1SS '~C' MrTANG18LE PERgp~
- C_:; tr, ~ ~ IA ~ Y, ' S I A h'l P T X ( PROPERTY. PURSUANT TO 11~ ~CI'i OF
!~Erf u% F.~:E~.ut ~ 171 L+0111SEV.ISMCS.CIMitCipyg~t
- - _ _ . _ ~ ~ O J Apent//for M--ARflN c01Jl~rrr. RSA
t-_ _ _ _ _ ~ - f ! - pl~tAY CLERK
Bay Colony Drive Stuart
which has the address of .
(B~+R)
Florida 33494 (herein "PropertyAddrees");
(st~.ea nv Cony
ToGSTHERwith all the improvements now or hereafter erected on the property, and all easements, rights, appnrtenanoes,
rents, royalties, mineral, oil and gas rights and pro5ts, water, water rights, and water stock, and all 5ztnres 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 Borroweris lawfully seized of the estate hereby conveyed and has the right to mortgage, grant and
convey the Property, that the Property is nnencnmbered, 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
eaoeptiona to coverage in any title insurance policy insuring Lender's interest in-the Property. _ - - - _ _ _ _ _ - -
sooK X80 PAC, 16fi ~ ~•t
FLl,RiDA-t m a c.~„ ~-~n~swram~~ rr uw~cnor w~atwu~s~rr ~ INDIVIDII~L