HomeMy WebLinkAbout1985 ~ S!-N~741
. 462885 t ~
III~ORTGAGE
THIS MORTGAGE is made this 15th day of OCTOBER, 1979 between the Mortgagor,
VIRGIL V. STEELS. III AND KATHY L. STEELS, HI8 WIFE
(herein "Borrowed, and the Mortgagee, First Federal~Savings and Loan Association of Martin County, a corporation
organized and existing under the laws of the United States otAmerica, whose address is 989 South Federal Highway, Stuart,
Florida 33494 (herein "Lender.
WHEREAS, Borrower is indebted to Lender in the principal sum of ~ s 45000. 00)
---FORTY-FIVE THOUSAND AND NO /100 THS---
Oollars, which indebtedness is evidenced by Borrowers note dated OCTOBER 15. 1979 (herein "Note"1,
provided for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and
payable on APRIL O1. 2010.
TO SECURE to Lender (a1 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 Mort-
gage, and the perfomnance 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 "Future
Advances', Borrower does hereby mortgage, grant and convey to Lender the following described property located in the
County of ST . LUCIE ,
State of Florida:
LOT 3, BLOCK 1735, PORT ST. LUCIE, SECTION THIRTY ONE. ACCORDING
TO THE PLAT THEREOF. AS RECORDED IN PLAT BOOK 14, PAGE 22, 22A
THROUGH 220, OF THE PUBLIC RECORDS OF ST. LUCIE COUNTY. FLORIDA.
I~ , J ; red 3
~c ~ in Ps~r-r
ant Ot Ta?oM
L 1 ~ Pursuant Tp '
Chapter 7ti,1i~, AwsOf 1f11.
~ 1100EA
Clerk Cfroult
S COYrR ~ 1411 ~
I
THIS INSTRUMENT PREPARED BY:
STUART-MARTIN TITLE CO., INC.
POST OFFICE BOX 966, STUART. FLA. 33494
BY: DEBRA A. SIGAFOOSE - - _ ~
LN X0020035449 t, ;.._~~M_Et~?Ai,~~~-- , _ M i j
- - - -
} . -i ~ ..s-Y ~ ~ 6 Z 5 Q ~
_ - ' - 1
IMPORT DRIVE, W. PORT ST. LUCIE, FLORIDA 33452
which has the address of
lStreeD ICiM
~ (herein "Property Address"?;
5 (State and Zip Coda
TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, appurte-
nances, rents, royalties, mineral, oil and gas rights and prof its, water, water rights, and water stock and all fixtures noworhere- '
after attached to the property, all of which, including replacements and additions thereto. shall be deemed to tie 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 Borrower is lawf ully seised of the estate hereby conveyed and has the right to mortgage, grant
and convey the Property, that the Property is unencumbered, and the Borrower will warrant and defend generally the title tos
3 the Property against all claims and demands, subject to any declarations, easements or restrictions fisted in a schedule of
exceptions to coverage in any title insurance policy insuring Lenders interest in the Property. ry
..emu. .a? ..u~rAlfu ¦uSTS~~~1!'uT w ennw ci~n