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• 4~i8046
FIRST FEDERAL SAYINGS AND ~ LOAN ASSOCIATION
OF FORT PIERCE
MORTGAGE oi-23065608
THIS MORTGAGE is made this 30th,,,,, ~iyof,,,,,,,,,NOVember
19.19. ,between the Mortgagor, ....Moan . lue9..and . ~l l a .Max . l,ueS, . ht s. wi ~e .
(herein "Borrower"). and the Mortgagee. FIRST FEDERAL SAVINGS
AND LOAN AS.gOCIATION OF FORT PIERCE, a corporation organized and ezisting under the laws of the United States,
whose address is 100 South Second Street, Fort Pierce, r'lorida 33450 (herein "Lender'.
WHFSts~s, Borrower indebted to nder in the principal sum of FQ1';iiy, Th045~nd, dnd,No/100---------„
--------------~~40,Q00, 00~
- , .......Dollars, which indebtedness is evidenced by Borrower's
note dated November, 30,, ,1979, , , , , , , , , , , , (herein "Note"), providing for monthly inetalhnenta of principal and
interest, with the balance of the indebtedness, if not Sooner paid, due and payable on Qeerelnber,l0 1989, ,
ToSectr[tSto 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 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 mortgage, grant and convey to Lender the following •deecribed property located in the County
of $t • . L.~C7 , State of Florida:
The West 4 of the Northwest o of the Southeast 4 and the Southwest 4 of the
Southeast ; of Section 7, Township 35 South, Range 40 East, St, Lucie County,
Florida. Containing in all 50 acres, more or less,- Less rights of way for
public roads and drainage canals and being approximately 46 acres, net and
other lands.
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By agreement. of Mortgagor and Mortgagee on file
with Mortgagee, the within mortgage secures, not
only an existing indebtedness, but also ADVANCES
~ to be HEREAFTER made by Mortgagee to Mortgagor
the aggregate of which will equal the principal
~ amount specified in the promissory note secured
hereby,
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which haB the address of........ Arange..AY~euu~e. ExtenSlQq ..........................Font. Pierce ,
ccie,?
r F.~ Onl dd . . 334~Q ....(herein "Property Address"): '
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ToGF'17iBRwith all the improvements now or hereafter erected on the property, and all easements, 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 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 rnnveyed 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 rnverage in any title insurance policy insuring Lender's interest in the Property.
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