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464093
THIS INSTRUMENT WAS PREPARED BV:
CITIZENS FEDERAL SAViNGf AND LOAN
AffOC1AT10N OF •T. LUCIE COUNTY
ti00 f. FEDERAL HIGHWAY, FT. FIERCE, FLORIDA
C. R. MCDONAt.O, JR., GENERAL COUNiEL
MORTGAGE X22039406
(SHORT FORM) •
THIS MORTGAGE is made this 24th ~y of October
191 ,between the Mortgagor, SOUTHERN DEVELOPMENT AND ASSOCIATES . 1 NC A FLOR I DA
CORPORATION (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 Thirty Three Thousand
Two Hundred anc~ No/100------------------------------Dollars, which indebtedness is evidenced
by Borrower's note dated Octo er 2 1979 (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 March 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 paragraph 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 . luc I e State of Florida:
Lot 15, Block 327, PORT ST. LUCIE, Section 25,
according to the plat therof on file as recorded '
in Plat Book 13, Pages 32 A through i, of the
Public Records of St. Lucie County, Florida.
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Fuas;;wr to . r::.. .s~ t;: ~I~E:tT(, . ~ ~ p.:~'_::htc>.~c,;,+, S iH 1r1f~_ i.-~
GL:J~K GfiLGa LLUAT, ST. LdG1E CO., Fi,rL J ~ ~ • _ - _ - } ~ ~ 8 U , i1i
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which has the address of 242 NW L i nco 1 n Avenue , Port S t . Lucie ,
F 1 or i da 33452 (herein "Property Address") IfTREETI (CITY)
TOGETHER with all the improvements now or hereafter erected on the property, and all ease- ~
ments, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and
i' 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 j
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.
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' FLORIDA -SHORT FORM - 7 to 4 Family - 8/78 - FHLMC UNIFORM INSTRUMENT~'~ ~K
- ~ anr1K31y P~cE 88~