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HomeMy WebLinkAbout0786 4s58a~o ~ FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION • OF FORT PIERCE MORTGAGE o1-23064916 THIS MORTGAGE is made this 9th day November ts.7.9. ,between the Mortgagor, Mj ~h~te~ . A.. ti~f 1 ~y..at?d .~Pn~a.1~...~efl eY... hi s..~?i fe (herein "Borrower"), and the Mortgagee. FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corporation organized and esisting under the laws of the United States, whose address is 100 Scum Second Street, Fort Pierce, P'torida 33450 (herein "Lender'7. Wxgxe~s, Borrow is indebted to Lender in the principal sum of ....r.~l4lt.~Y..~iY~.~hou~and.~!~5~. H4~.~QQ--'-- . -~~25,Q00~00)-- ------------.........Dollars, which indebtedness is evidenced by Borrowefe note dated ,y4v~tnber_ 9,, ,~~j9 (herein "Note"), Providing for monthly installments of princippal and interest, with the balance of the indebtedness, if not sooner paid, due and, payable on ,January, 10,..2Q09... . ToSBCirxgto Lender (a) We repayment of the indebtedness evidenced by the Note, with interest thereon, the payment of all other soma, with interest thereon, advanced in aooordanee herewith to protect the security of this Mortgage, 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 m rtgsge, grant and convey to Lender the following • described property located in the County of........... , gt _ uc 1 e . State of Florida: ~ i Lot 3, SILVER OAK ESTATES, a subdivision according to the unrecorded Plat thereof, ~ said Lot 3 being more particularly described.as follows: i Begin at the West line of Arapahoe Street and the South line of Riverdale Yacht Club Estates, Unit Two, as recorded in Plat Book 6,-page 40, of the Public Records ~ of St. Lucie County, Florida; thence run Easterly along the said•South line, a distance of 190.00 feet to the Point of Beginning; thence continue Easterly a distance of ~ 130.00 feet; thence run Southerly parallel to the East line of Block 20, of said RIVERDALE YACHT CLUB ESTATES, UNIT TWO, a distance of 217,54 feet, thence run Westerly a distance of 130.00 feet; thence run Northerly a distance of 217.54 feet to the Point of Beginning. The above described property being and lying in Section 9, Township 36 South, Range 40 East, St. Eucie County, Florida.. ~ RECEtVEf! ~ ~ v+e~ ¦ - ~ 1~ ~ L~tf:O'iCt-SS':':-:'..`','_'p-,^`•;•~ ~iTY r"~ FUSSU:~lii TO Lila?ii:r 7i-. d, .•`,.{;i•C: Yi?L m--~; ~ ~ . q.fR1I gttCWT COURT, ST. LUiat: G0, fill J• ~ ~ ~ . ~ 4 By agreement of Mortgagor and Mortgagee on file with Mortgagee, the within mortgage secures not . only an existing indebtedness, but also ADVANCES j ,.i to be HEREAFTER made by Mortgagee to Mortgagor ~r1 the aggregate of which will equal the principal ~ ca s-~, amount specified-in the promissory note secured , hereby. cn - o which has the address of .....1318 .Si l.Yer. Oak. Court . . . . . . . . Fort Pierce cati~ Fl on da 33450 (herein "Property Address"); ~sa.re .nA tic Code ToGe'rttEttwith all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profile, 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 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 seized 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 declarations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy insuring Lender's interest in the Property. FLORIDA-~ to 4 fiWt~r-6115-FNMA/FHLMC UNIFORM INSTRUMENT da?~ PaGE s V`~ INDIVIDUA!