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HomeMy WebLinkAbout1951 ar-~o,ais ~ ~ ~ MORTGAGE THIS MORTGAGE is made this 30TH day of OCTOREk, 1979 between the Mortgagor, ..IOHN 7. SMITH ANI+ SUZANNE M. SMITH. HIS WIFE (herein "Borrower, and the Mortgagee, First Federal Savings and loan Association of Martin County, a corporation organized and existing under the laws of the United States of America, whose address is 989 South Federal Highway, Stuart, Florida 33494 (herein "lender'). WHEREAS, Borrower is indebted to Lender in the principal sum of ~ ~ 40000. 00) --~-FOkTY THOUSANU ANU NO /100 THS--- Dollars, which indebtedness is evidenced by Borrowers note dated OCTOREI;' 30, 1979 (herein "Note"?. - provided for monthly installments of principal and interest, with the balance of the indebtedness, it not sooner paid, due and payable on MAY 01. X010. TO SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the payment of alt 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 luture 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: I._OT RLDCf\ 73, SOUTH F'OF:T ST. LUCIE, UNIT FIVE, ACCOkI+ING TO 'THE FLAT THEkEOF, AS FFECOFiI+Et+ IN FLAT I+OOti 14. PAGES lc ANU 1~A THkOUGH 1~G, OF 7HE FUE+LIC F:ECORUS OF ST. LUCIE COUNTY, FLOkII+A. - L - i _ ~ ~r _ ~ i { r' n jl Due Orl Class ~C•• • `fin Payment Ot Taxaa Pursus Intargipfe pKaonal Pr J rn 7s Chapter 7t1, 134, ~ OI tg;~l'• 0 Clerk Circuh C~ Sa PWTRAB ~,yt ~ LEy~~~' D"- ~fHIS INSTF:UMENT F'kEF'AkEU KY: 3TUAkT-MAF:TIN TITLE CO. , INC. POST OFFICE TiOX 866, STUAkT, FLA. 33494 X{Y: I+FI;kA A. SIGAFOOSE t_ i'~! #000036181 ' PETIT LANE, F'T. ST. LUCIE, FLOkII+A 334~~ which has the address of lsveeq ~crt» (herein "Property Address'; (State and ZED Code) 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 profits, water, water rights, and waterstock and all fixtures now or here- after attached to the property, al! 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'. Borro+vercovenants (hat 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 declarations, easements or restrictions I~sted in a schedule of exceptions to coverage in any title insurance policy insuring Lenders interest in the Property. 0 ~ ~ ~ - . aev k 31 ~ y ruu~,cu1 YP IIYICAQY IYQTOIIVCYT A_4AAA C,7A