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HomeMy WebLinkAbout0163 I pm ~ ~ THIS INSTRUMENT N'AS PREPARED BY: (p ~,J CITIZENS FEDERAL SAVINGi AND LOAN A6SOCIATION OF iT. LUCIE COUNTY ` 1100 i. FEDERAL HIGHWAY, FT. ?IERCE, FLORIDA • C. R. MCDONALD, JR., GENERAL COUNSlL MORTGAGE 1f2203s7os (SHORT FORM) THIS MORTGAGE is made this 7th day of NOVEMBER 19.12, ,between the Mortgagor, VALUE PROPERTY CORPORATION , A FLOR 1 DA CORPORATION (herein "Borrower"), and the Mortgagee, j CITIZENS FEDERAL SAVINGS AND .LOAN ASSOCIATION OF ST. LUCIE COUNTY, a corporation organized and existing under the laws of the Utited 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 EIGHTY SIX THOUSAND AND t no Dollars, which indebtedness is evidenced by Borrower's note dated NOVEMBER 7, 1979 (herein "Note"), providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and pay- ~~ble on MARCH t x,2010 _ TO SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note with interest tl~areon; (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 ST _ LI1C 1 E State of Florida: LOT B, BLOCK 23, OF QUEENS COVE UNIT I1, ACCORDING _ ~ TO THE PLAT THEREOF AS RECORDED IN PLAT BOOK 20, PAGE 6 OF THE PUBLIC RECORDS OF ST. LUCIE COUNTY, FLORIDA./ 9, ~ f I f Reclvee a d ~ ~ t _ _ _ _ In Payment Oi Taxes - _ _ - ~ i T - ~ Ous On Class "C" intanp PKSOnaloropKh _ ' _ ' N: tV ~ k . ~ ~ . ~ ' pursue T ~ . t l- _ - _ ~ f nt o ChaptK 71. 134, ~iC~t. ~ : ; °r _ ~ ti ~ ~ - - - - ROGER POITRAg M ~ - _ ~ - , J •11 . ~.J ~ 2 ~ O O ! ''1~ 1... {r{llf WYI~r. ~ ~ W.I I~ 7 - ~ ~ which has the address of 1 t 7 QUEEN BESS , FORT PIERCE , FLOR 1 DA 33450 1 a (herein "Property Address"); IiTREETI ICITYI 3 g 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 ~ µ 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; 1 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 >s 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 - t to ~ FamBy - 9/76 - FHLMC UNIFORM INSTRUMENT Q~~ ~ ~O ~Q [,e 1 ~j z .P"'t~