HomeMy WebLinkAbout1845 ,
-MORTGAG E
THIS MORTGAGE is made this 1ST day of NOVEMBER, 1979 between the Mortgagor,
NEIL E. NEWTON AND LORETTA J. NEWTON, HIS 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 (`i 53600. 00)
----FIFTY-THREE THOUSAND SIX HUNIrRED ANIt NO /100 THS---
Dollars, which indebtedness is evidenced by Borrower's note dated NOVEMEtER 0 i, 1979 (herein 'Note').
provided for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and
payable on DECEMBER 01, X009.
TO SECURE 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 accordance herewith to protect the security of this Mort-
gage, 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 "Future
Advances"), Borrower does hereby mortgage, grant and convey to Lender the following described property located in the
County of ';T . LUCIE
State of Florida:
LOT RLOCf; 86, OF SOUTH FORT ST. LUCIE UNIT FIVE, ACCORDING;
TO THE F'LA t f HEhEIIf~ kECURDEU I N FLAT BOOti 14, F'AGES 1 i ~A
THRniIr.H 1?t;. F'IfRLiC FECORDS OF ST. LUCIE COUNTY, FLORIDA.
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RECETYED f ~ ~M PAYM~fR OF TAMES - - ~i
DYE t1N CLfSS •C' INTAtiGiBl~ F[RSDt1`L FRDPEaZTY• 'x= '
f ~ FtiES;;I~lT TO iHAPTF:t 71-".4, ACTS Gf 1971. -
ROGcR Y~IT: AT
C1EkK Ct1CWT CGURT, ST. LII:aE CY, PLJI v1 ~ ~ ~ t . • ~ .
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THIS If'lSTRUMENT P'REP'ARED BY:
FIRST FEUERAL SAVINGS AND LOAN s_
ASSOCIATION OF MARTIN COUNTY -
. 0. BOX 989, STUART, FLA . 33494 -
IiY: MARY B. HALLICY
_ ?
!._N #00~0036~64
1.4~~ GRAF'ELANit AVENUE. S. F'T. ST. LUCIE. FI_OF:IUA 334`;
- which has the address of
~Streeq 1City1
(herein "Property Address';
iSaate and Zip Coda
TOGETHER with all the improvements now or hereafter erected on the proF,erty. and all easements. rights, appurte-
nances. rents, royalties. mineral. oil and gas rights and profits, water, water rights. and water stock, and all fixtures now or here-
after 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 Mortgage is on a leasehold) 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 the Borrower will warrant and defend generally the title to
the Property against all claims and demands, subject to any deciarattons, easements or restrictions listed in a schedule of
exceptions to coverage in any title insurance policy insuring Lenders interest in the Property.
'K319 Pa~E1838
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