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FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION
OF FORT PIERCE
MORTGAGE Loan # 02-23062043
5th
THIS MORTGAGE is made this . d of October
1s. 79 ,between the Mortgagor, RALPH. ~t.,C3~~~R, dn11.Hl~F~RI~T. 4,,;C~~6~R,,,hi,~,~i fe .
(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").
WHr~~s, Borrower is indebted to Lender in the principal sum of . 5~~. THOI~$~1!1Q, TWO ,HUNDRED AND,NO/100---
~(,,.20Q.OQ1-------Dollars, which indebtedness ie evidenced by Borrower s
note dated Ac~ob~r.. rJ., .1 X79 (herein "Note"), providing for monthly installments of principal and
interest, with the balance of the indebtedness, if not sooner paid, due and payable on ...October . 5, .19/9 _
ToS>sctrltsto Lender (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the payment of all
other sums, with interest thereon, advanced in accordance herewith to protect the security of this Mortgage, and the
performance of the covenants and agreements of Borrower herein contained, and (b) the repayment of any future advances,
with interest thereon, made to Borrower by Lender pursuant to paragraph 21 hereof (herein "F<ltnre Advanoee'~, Borrower
does hereby mortgage. grant and convey to Lender the following •deacribed property located in We County
of............$t~ .(.~G16 State of Florida:
Lots 55 and 56, Block 24, INDIAN RIPER 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.
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which has the addressof...... Silver Oak DRive .............................Fort Pierc2..•••..•..•
. lstrcec? 1cie,?
Florida 33450 .(herein "Property Address")•
isiee.natiPC,~a~?..........
ToGETHERwith all the improvements now or hereafter erected on the property, and alt easements, rights, appurtenances,
rents, royalties, mineral, oil and gas rights and profits, water, water rights, and water stock, and all fixtures now or hereafter
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attached to the property, all of which, including replacements and additions thereto, shall be deemed to be and remain a part of
4~ 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."
Bonower 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 Bonower 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 Property.
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