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HomeMy WebLinkAbout0745 _ ~ 480909 - 1 ~ • THIS INSTRUMENT MICAS PREPARED BY: CITIZENS FEO[RAL SAVINGS AND LOAN ASSOCIATION OP ST. LUCIE COUNTY It00 S. FED[RAL NIfiNWAY, F7. FIERCE. FLORIDA C. R. MCOONALD, JR., G[NERAL COUNSEL X22042970 MORTGAGE - (SHORT FORM) THIS MORTGAGE is made this 24th day of march 19~tL ,between the Mortgagor, _Ha_r1c D. Shepherd and A, r i 1 D. Shecherd. his wife (herein "Borrower"), and the Mortgagee, CITIZENS FEDERAL SAVINGS AND LOAN ASSOCIATION OF ST. LUCIE COUNTY, a corporation 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"). WHEREAS, Borrower is indebted to Lender in the principal sum of Forty Four Thousand and no/100--------------------------------------------- Dollars, which indebtedness is evidenced by Borrower's note dated March 24, 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 Mav 1. 2010 ' 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 St _ 1 ur_ i p State of Florida: - Begin at the Northeast corner of the E# of the E~ of the SE>~ of Section 9, Township 35 South, Range 39 East, from thence run South along the section line a distance of • 1490 feet to the point of beginning of the tract herein described; From said point of beginning, turn and run West parallel to the center line of Orange Avenue Extension a distance of 300 feet to a point, thence turn and run South parallel to said Section line, a distance of 180 feet to a point; thence turn and run East parallel to the center line of Orange Avenue Extension a distance of 300 feet to a point on said Section line; thence-turn and run North along said Section line, a distance of 180 feet to the point of beginning, being a part.of the E# of the E~ of the SE>: of Section 9, ' Township 35 South, Range 39 East. (BEING OTHERWISE DESCRIBED as Lot 23 of an Unrecorded ~'j Plat of WEST FORT PIERCE ESTATES). EXCEPTING right of way for public roads and j drainage canals and subject to restrictions of public record including those set-forth_ I in that certain warranty deed from Frank W. Hogan and Ruth B. Hogan, his wife, to Dorothy and Arnold Hecht, dated June 5, 1956, and recorded in Deed Book 215, Page 77, ~ public records of St. Lucie County, Florida. - ! • ercrivEO = 8~.eo nl PAYI[ENT OF TA>~ DIiU O+i CL'tS 'C' INTA~6 BiE P k507i/1 R~n~ - j PORSIfANT TO LHwPTi~ 71-i.4, ACTS Q,f 1/n. - r • ; + ~ F-. _ _ _ ROGLR PORIcAS = I Cii:R1i QRGIiIT CDURT, ST. tUCE Ca. - = - - : _ - - ~ `•j U U i - ~ f which has the address of ~ , 8 , Box 887. Emerald Lane , Fort Pierce - F~~~r~as~asrr (herein "Property Address"); (STREET) (CITY) F 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 t 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". 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 - si10RT FORM - 1 to 4 Ftmily - S!)6 - FHLMC UNIFORM INSTRUMENT 8~~ p~