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HomeMy WebLinkAbout2872 • ST-41,004 MQRTGAGE THIS MORTGAGE is made this 20th day of December, 1979 between the Mortgagor, ANGELO CHARLES FRACAPANE and MARY FRACAPANE, his wife (herein "Borrower'?, and the Mortgagee, First Federal Savings and Loan Association of Martin County, a corporation ` organized and existing under the laws of the United States of America, whose address is 989 South Federal Highway, Stuart, Florida 33494 (herein "Lenderl. • WHEREAS, Borrower is indebted to Lender in the principal sum of THIRTY THREE THOUSAND AND NO/100ths---- (~33, 000.00) December 20th, 1979 Dollars, which indebtedness is evidenced by Borrowers note dated (herein "Note'1. ; provided for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and payable on June 1st, 2010; - TO SECURE 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 this Mort- gage, 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'1, Borrower does hereby mortgage, -grant and convey to Lender the following described property located in the County of St. Lucie State of Florida: - Lot 8, Block 141, South Port St. Lucie, Unit Eight, according to the plat thereof, as recorded in Plat Book 14, page 26 and 26A through 26D of the Public Records of St. Lucie County, Florida. t f L.. ~ ' This Instrument Was Prepared By: Stuart-Martin Title Co. Inc. Post Office Box 866, Stuart, Florida 33494 By: Debra A. Sigafoose (#2003817(9) ~ ! : i'i CL~:!( G:.:.UiT GL'J+:T, ST. tUal: CO, f~ J'" l " whicn nas the address of Westside Farley Drive, South Port St. Lucie, Florida 33452 IStreeti ICity? (herein "Property Address"); (State and Zip Code) TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, appurte- nances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and water stock and all fixtures now or here• after attached to the property, all of which, including replacements and additions thereto, shall be deemed lobe and remain a part of the property covered by this Mortgage: and all of the foregoing, together with said property(or the leasehold estate it this Mortgage is on a leasehold) are herein referred to as the "Property'. Borrower covenants that Borrower is tawtully seised of the estate hereby conveyed and has the right to mortgage, grant and convey the Property, that the Property is unencumbered, and the Borrower will warrant and defend generally the title to the Property against all claims and demands, subject to any declarations, easements or restrictions fisted in a schedule exceptions to coverage in any tide insurance policy insuring Lender's interest in the Property.. (?R~l~7 __t)OC~.