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HomeMy WebLinkAbout1264 S FIRST FEDERAL SAVINGS /AND LOAN ASSOCIATION ~3/ OF FORT PIERCE 4'7434 MORTGAGE ~ 04-23068834 THIS MORTGAGE is made this 11th , , , Md1^Ch . . 19. 80, between the Mortgagor, ~i~M..~tJ~40~RS.,, . LNG:.:.A..FLOR~bA,a(Y,ORPURhfitbN (herein "Borrower"), and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASS(1~CIATION OF FORT PIERCE, a corporation organised and existing under the laws of the United States. whose address is 100 South Second Street, Fort Pierce, Florida 33450 (herein "Lender"). ~ W H6RBA8, Borrower is indebted to Lender in the principal sum of . TWENTY ,SI X, THOUSAND, EIGHT, HUNDRED .AND. i NQ~1QOr-~r--------(~i26.,$~1.0A~----------"-------.Dollars. which indebtedness is evidenced by Borrower's note dated .........MaxCfl . ~ 1,.19$ (herein "Note"). Providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and payable on ~ JLne .1Q, . 2A09 To Ssctrits to Lender (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the Dayment 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 described property located in the County of $t..I.uG~~................ , State of Florida: Lot 38, Block 19, Port St. Lucie, Section 25, according to the plat thereof on file in Plat Book 13, Pages 32, 32A thru 32I, public records of St. Lucie County, Florida. RECEtVEU s ~3.~ U IM P~YYENT OF T#>tts OUE OY CL.~SS 'C' IYTRKG slE PERSONhI PROP~R1jY~ N 0 ~ ~ t) FURSUANi TO i.HAPT:R 71•t3~, ACTS Of 10)1. RGSiR PORRAS ati~ t#itCtMT COURT, i~ LDCg CO. fu~m By agreement of Mortgagor and Mortgagee on .file with Mortgagee, the within mortgage secures not j 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. _ _ "!y 1 which has the address of.. Riverside Drive Port St. Lucie isi.~i tca,t F ~ orida 33452 ..,(herein "Property Address")- ~snte .pa yv Code? t ToGETtieRwith all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profile, 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 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 declarations, easements or restrictions listed in a schedule of i exceptions to rnverage in any title insurance policy insuring Lender's interest in the Property. FLORIDA - 1 TO 4FAMILY-6/75-FNMA/FHLMC 80~~~ ~b~E'i""'~ CORPORATION