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HomeMy WebLinkAbout1663 FIRST FEDERAL SAVINGS AHD LOAN ASSOCIATION OF FORT PIERCE ~ 4'~Ot#~~ 3 MORTGAGE /102-23065814 THIS MORTGAGE is made this , , 18th . , , , , , day of . December _ . 19.79 be ee the o r, .Geor&e W. Morris.,..Jr and_ I;larguerite, Morris,,,his, wife,, and, ~eor'ge~. ~lorr~s4, a"single 'aiful herein "Borrower"), and the Mortgagee. FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corporation organized and ezisting under the laws of the United Staten, whose address is 100 South Seoond Street, Fort Pierce, !'~lorida 33450 (herein "bender"). W esx~s, Borrower is indebted to Lender in the principal sum of TWENTX-TMlO. T,HOUSArU .FOUR . H1INDRED .ANU . NA/100 -.:--.:---r----- -.(.$22,4l10.D0~-----r.:-r. Dollars, which indebtedness ie evidenced by Borrower's note dated Ue~embgr 18 , , 1 ~79 , , , , , , , , (herein "Note"). providing for monthly installments of princi al and interest, with the balance of the indebtedness, if not sooner paid, due and payable on January. 10,..195 . ToSECttxg to 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 thin 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 dose hereby mortgage, grant and convey to Lender the following • described property located in the County of.......St;,LUCtE,,,,,,,,,,,,,,,,,,,,,,„, State of Florida: Beginning at the Northwest corner of Lot 45, of Maravilla Subdivision, run South 26010' West 36.84 feet along the West line of said Lot 45 for Point of Beginning, thence continue South 26°10' West 101.50 feet to the Southwest corner of Lot 1, Block 1, of Maravilla Court Subdivision, thence South 89012' East 150 feet along South line of Lot 1, Block 1, Mara- villa Court Subdivision to an alley, thence turn an angle of 115°22' and run Northeast along West line of alley 91.54 feet, thence run North 78°50' West 54 feet, thence at an ..1.. -l 7Ct1 u__.iL___a u___i._ n~A~n. t_._ r_ _ .Aw... ui~y+e u+ ~a +lift .wi6tltn,t. Vii ii ttitC tvV1Lt1 GU`iU iUt t3 teei, LilCiil.rr dL dii dttyie Ui t)4'Jtl run North 89012' West 84 feet to point of beginning; Being a part of West 150 feet of Lot 45, Maravilla Subdivision, as per plat thereof on file in Plat Book 4, page 68 of the Public Records of St. Lucie County, Florida, AND all of Lot 1, Block 1 of Maraville Court Subdivision, as per plat thereof on file in Plat Book 5, page 39 of the Public Records of St.Lucie County, Florida. By agreement of Mortgagoe and Mortgagee on file with the 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. it ! _r . ~ ~ . _ 4 - - ~ _ v. J • f yy gJ ~x p..•.•....T r~ Ted i~ GI=::K U..'.U' i ~~:'~.a, ST, 16.:E Co, nom. ~ ' which has the address of.... 2732 Sunrise Boulevard Fort Pierce ~sve~+ (cit» . Florida 33450 ..............(herein "Property Address"): (State anA Zip Code1 - Tcx=F'riiFewith all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, ants, royalties, mineral, oil and gas rights and profits, water, water rights, and water stock, and all fixtures now or hereafter cached to the property, all of which, including replacements and additions thereto, shall be deemed to be and remain a part of f 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, subjeM 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. ~+R~lnn ~ r~r~