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THIS INSTRUMENT V1AS PREPARED BY:
CIT12EN5 FEDERAL fAVINGi AND LOAN
ASSOCIATION OF ST. LUCIE COUNTY
If00 i. FEDERAL MIGNWAY, FT. FIERC[. FLORIDA
C. R. MCOONALO. 1R., GENERAL COUNi[t.
MORTGAGE y22042269
(SHORT FORM) .
THIS MORTGAGE is made this 7th day of MARCH
19
8Q_ ,between the Mortgagor, fA 1 R S POWELL CONSTRUCTION C0.. 1 NC A FLOR 1 DA
CORPORATION (herein "Borrower"), and the Mortgagee,
CITIZENS FEDERAL SAVINGS AND LOAN ASSOCIATION OF ST. LUCIE COUNTY, a corporation i
organized and existing under the laws of the United States of America, whose address is 1600 South Fed-
eral Highway, City of Fort Pierce, County of St. Lucie, State of Florida, (herein "Lender"). I
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WHEREAS, Borrower is indebted to Lender in the principal sum of THIRTY FOUR THOUSAND
AND 00/100 Dollars, which indebtedness is evidenced
by Borrower's note dated MARCH 7 1980 (herein "Note"), providing for monthly
installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and pay- t
t
able on AUGUST 1, 2010 - ~
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TO SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note with interest t
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) she repayment of any future advances, with- interest thereon, made to Borrower by Lender pur-
scant 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 ST . LUC 1 E State of Florida:
LOT 8, BLOCK 50, PORT ST. LUCIE SECTION 25, ACCORDING
TO THE PLAT THEREOF AS RECORDED IN PLAT BOOK 13, PAGE
32A THROUGH 1 OF THE PUBLIC-RECORDS OF ST. LUCIE COUNTY,
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FLORIDA(
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~O-~_ MI PAYMdt OF TA>t~'
DUF Oti CLAiS 'C INTAU6:BLE PERSONAL PpppE(try .
I Y""AMT TO C7lAPTER 71-1?4, ACTS OF M71, ~
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'I, CL.(A( O;iCIpT COYItT, ~ W,AE CO, ~ y11
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which has the address of 525 N W CORNELL AVENUE ~ PORT ST . LUC 1 E . FLOR 1 DA 33452
(herein "Property Address"); (STREET) (CITY) ~
TOGETHER with all the improvements now or hereafter erected on the property, and all ease-
menu, 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 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".
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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 all 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.
FLORIDA -SHORT FORM - 1 to 4 Fslllily - 9176 - FHL.MC UNIFORM INSTRUMENT 327 P~ 466
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