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HomeMy WebLinkAbout0302 46185 THIS INSTRUMENT WAS PREPARED BY: CITIZENS FEDERAL SAVINGS ANO LOAN ASSOCIATION OF ST. LUCIE COUNTY /i00 S. FEDERAL HIGHWAY. FT. PIERCE. FLORIDA C. R. MCDONALD, JR., GENERAL COUNSEL N22038358 MORTGAGE (SHORT FOR1~1) THIS MORTGAGE is made this 4th day of October , 192 ,between the Mortgagor, Hsgh P . Ke 1 1 y,,, A Ma r r i ed Adu 1 t and M i chae 1 J . Adams . A Married Adu 1 t _ _ (herein "Borrower"), and the Mortgagee, CITIZENS FEDERAL SAVINGS AND LOAN ASSOCIATION OF ST. LUCIE COUNTY, a corporation organized and existing under the laws of the United States of America, whose address is 1600 South Fed- eral Highway, City of Fort Pierce, County of St. Lucie, State of Florida, (herein "Lender")._ WHEREAS, Borrower is indebted to Lender in the principal sum of E i ghty Thousand and no/100-------------------------------------------- Dollars, which indebtedness is evidenced by Borrower's note dated (herein "Note"), providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and pay- able on February 1 , 2010 TO SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note with interest thereon; (b) the payment of all other sums, with interest thereon, advanced in accordance herewith. to protect the security of this Mortgage; (c) the performance of 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 interest thereon, made to Borrower by Lender pur- suant to pazagraph 21 hereof or incorporated by reference hereinto (herein "Future Advances"), Borrower does hereby mortgage, grant and convey to Lender the following described property located in the County of S t . Lucie State of Florida: G'' !~v Lot 18, Block.140, SOUTH PORT ST. LUCIE UNIT 8, according to the plat thereof as recorded in Plat Book 14, Page 26A through 26D, of the Public Records of St. Lucie County, Florida. - t 60.00 " % "Mortgagor covenants that the property _,i_ mortgaged herein i s not the residence of ~ the mortgagor, nor is contiguous to the CL'..( Gla:L'+T Lti:::.7, :.1. a_:; c;;., f~ residence of the mortgagor and is not mort a or's homestead." 9 9 I v I I ' - ~ - `120.G0~ ~ ~ which has the address of F 1 or i da 334 (herein "Property, ~ •b x;~: } (STREETI IclTr? 1 TOGETHER with all the improvements now or hereafter erected on the property, and all ease- w ments, 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 the foregoing, together with said property (or the leasehold estate if this Mortgage is on a lease- hold) are herein referred 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 Borrower will ~ warrant and defend generally the title to the Property against all claims and demands, subject to any declar- ations, easements or restrictions listed in a schedule of exceptions_ to coverage in any title insurance policy insuring Lender's interest in the Property. FLORIDA -SHORT FORM - t to 4 Fxnily - 9/76 - FHIMC UNIFORM INSTRUMENT 11~ p d'., 2K ~ Q f'lliE