HomeMy WebLinkAbout0050 THIS INSTRUMENT YYASPREPAREO 6Y:
CIT12fNf ![DtRAL fAV INGf ANO LOAN
AfiOGiATiON OF ~,T, LUC{E COUNTY
1i00 f. F[DtRAL NIGNWAY. PT. !1[RCt. ILORIDA
C. R, MCDONALD. JR.. ~iEN[RAL COUNi[L
MORTGAGE 22041998
(SHORT FORM)
THIS MORTGAGE is made this 19th day of FEBRUARY
1980 ,between the Mortgages, COUNTRY SOLIIRE BUILDERS, ING_ , .A FLORIDA CORPORATIO
(herein "Borrower"), and the Mortgagee,
CITIZENS FEDERAL SAVINGS AND LOAN AS90CIATION OF ST. LUCIE COUNTY, a corporation
organizes :nd 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 THIRTY FIVE THOUSAND
AhD_1~10 X100 Dollars, which indebtedness is evidenced
by Borrower's note dated FEBRUARY 19 , 1980 (herein "Note"), providing for monthly
installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and pay-
able on NOVEMBER 1 r 2009 .
TO SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note with interest
thereon; (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 ~T _ 1 1 Ir_ T F State of Florida:
t_OT 38r BLOCK 338 PORT ST. LUGIE~ SECTION 25~ _
ACCORDING TO THE PLAT THEREOF AS RECORDED IN
PLAT BOOK 13~ PAGE 32 A-I OF THE PUBLIC RECORDS
OF ST. LUCIE COUNTY, FLORIDA.
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which has the address of G Tyivl TTt= IF!3AACE.~ ~ PT. RT LIICTF, FL ~~452
(herein "Property Address"); (lZTREET) lclTrl
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
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; a
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 is unencumbered, and that Borrower will
warrant and defend generally the title to the Property against aU 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.
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