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HomeMy WebLinkAbout2382 ,rz2o39950 4415040 THIS INSTRUMENT WAS PREPARES BY: CIT12EN5 FlOERAL SWINGS AND LOAN ASSOCIATION Oi ST. LUCIE COUNTY 1600 S. FEDERAL NIGNWAY, FT. r1ERCE, FLORIDA C. R. MGOONA~O, JR:. GENERAL COUNSEL . - MORTGAGE (SHORT FORM) THIS MORTGAGE is made this 2nd day of November 19~q ,between the Mortgagor, ~±IY C . R IDGELY and CYNTHIA S . R IDGELY, his wl e, (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 FORTY TWO THOUSAND - - _Two HuNDRFD and ne/ 10orhs - - - (S42.200 00) - -Dollars, which indebtedness is evidenced by Borrower's note dated Novembe 2 , i 979 (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 December 1, 2009. 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 pmtect 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 . Lucie State of Florida: Lot 20, Block 73, of INDIAN RIVER ESTATES UNIT #9, according to the Plat thereof on file as recorded in Plat Book 10, Page 74, of the Public Records of St. Lucie County, ~2, Florida. Recehred • o Q In Payment O~ TtfcN Due On Ctess "C" Intan~~F'.n ' ~n1plDr~~~ _ - _ _ _ Ptrrsusrlt To Chapter 71. ' .3~:. '.cts fl~'971, ~ r~ ~ i ROGER PQI+P.~S 7~ . - - : " - ~ ~ _ r_Ie.y Circuit Court, St. Luc,9, Co., Fla. . - - ~ ~ . - - _ _ - ~ 3. 3 0 ~ - _ which has the address of 5411 Cassia Drive. Ft. Pierce, FL 33450 (herein "Property Address"); ISTREETi tclTr) 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 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 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. FLORIDA -SHORT FORM - 1 to 4 Family - 9lf6 - FHLMC UNIFORM INSTRUMENT aQi~l)< 319 Pd~ 2,30