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HomeMy WebLinkAbout0349 t 461815 ~ 3 FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE MORTGAGE loan # 02-23062050 5th October THIS MORTGAGE is made this day of , 19. ?9 ,between the Mortgagor, .....JAMES . Cz...BUNRD . and. MIIRIORIE. A.. 8UHR0,• .bas . wiife . • . • • . • • • • • • • • • • • • • • . (herein "Borrower"), and the Mortgagee. FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corporation organized and existing under the laws of the United States. whose address is 100 South Second Street, Fort Pierce, r'lorida 33450 (herein "Lender"). WHrxrns, Borrower ie indebted to Len in the pri cipal sum of .SIX. THOUSAND. TWO .HUNDRED. AND .NO/100--, ------------------.:~~6?200; 00~-------Dollars, which indebtedness•is evidenced by Borrower's note dated . October ~5,, ,1979 , , , , , , , , , , , , , , (herein "Note"), providing for monthly installments of prindpal and interest, with .the balance of the indebtedness, if not twoner paid, due and payable on . , ,October 10, 19134 To SsCltEts to Lender (a) the repayment of the indebtedness evidenced by the Note, with interest thereon. the payment of all other sums, with interest thereon. advanced in aeoordance herewith to protect the security of this Mortgage, and the performance of the covenants and agreements of Borrower herein contained. and (b) the repayment of any future advances, with interest thereon, madgert~onBorrower by Lender pursuant to paragraph 21 hereof (herein "Future Advanoes'~, Borrower does hereby mortgage$t. t.IJC ed convey to Lender the following •described property located in the County of . State of Florida: Lots 57 and 58, Block 24, INDIAN RIVER ESTATES, UNIT ~5, according to the plat thereof on file in Plat Book 10, on page 58, public records of St. Lucie County, Florida. ? By agreement of Mortgagor and Mortgagee on file with the Mortgagee, the within mortgage secures not only an existing indebtedness, but also ADVANCES to be HEREAFTER made by Mortgagee to Mortgagor, the aggregate of which will equal the principal amount specified in the promissory note secured hereby. 3 s i i tt ~ ~ ~ l~ e O !t CLEnK Gtn:U;T :...:...1, i. .i.-.~ tu, F4L I ~ . , T 0 9. 3 0 fi - - a s t which has the address of .corner . Si 1 ver_ Oak .Drive . &..Howard . . . .Fort .Pierce.. , , , tsuau lcitr~ ~ Florida 33450 .(herein "Property Address"); v 19tate .,w by Code? TocE'rtieRwith all the improvements now or hereafter erected on t}~e property, and all easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profile, 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 :1ortgage 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 to 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 policy insuring Lender's interest in the Proep~e~rty. - - - - - IYHIVtt1t1~1