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HomeMy WebLinkAbout0448 r ~ MORTGAGE THIS MORTGAGE is made this ~ day of ' 1980 between the Mortgagor, k FRANK SAVARESE AND KAY SAVARESE, HIS WIFE i (herein "Borrowed, and the Mortgagee, First Federal Savings and Loan Association of Martin County, a corporation organtted and existing under the laws of the United States of America, whose address is 989 South Federal Highway, Stuart, Florida 33494 (herein "Lender. WHEREAS, Borrower is indebted to Lender in the principal sum of ~ # 36300. 00> ---THIRTY-SIX THOUSAND THREE HUNDREII AND NO /100 'THS--- Dollars, which indebtedness is evidenced by Borrowers note dated ,1980 (herein "Note"?. provided for monthly installments of principal and interest, with the balance o1 the indebtedness, if not sooner paid, due and payable on NOVEMBER O1, X010. 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', Borrower does hereby mortgage, grant and convey to lender the following described property located in the Counryo_f ST. LUCIE State of Florida: LOT 17, BLOCK 497, FORT ST. LUCIE, SECTION TEN. ACCORDING TO THE FLAT THEREOF, AS RECOkDEIt IN FLAT BOOK 49,-PAGES 49A THROUGH 49G, OF THE FULBIC kECOkUS OF ST. LUCIE-COUNTY, FLOkIDA. F'. S ~_°~•`'D t:: P.i .:':T ^_f TnXK ?t5 FL 1~ ..~..':i:~ 71-«~, :.STS GF 1971. ~ Cl_F:it G.:~lliT wt;i:T, ST. LUCIE G0. FtIL~ - , _ 4 i f , I ~ y1 - - J 4. ~ i ~ s THIS INSTRUMENT FREF'AREU BY: STUART-MARTIN TITLE CO., INC. 1='OST OFFICE BOX 866, STUAF:7, FLA. 33494 bY: DEBkA A. SIGAFOOSE I_N #40~004~3~0 - ' j. t which has the address of 1='LEASANTVIEW STREET, F'OkT ST . LUCIE: FLOkIUA 334 ;2 ~ (st?eeo (c+M (herein "Property Address"?; - (State and Zip Code) ! TOGETHE R 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 vrhich, 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 t0 as the "Property'. t Borrower covenants that Borrower is lawfully seised of the estate herebyconveyed and has the right to mortgage, grant s and convey the Property, that the Property is unencumbered, and the Borrower will warrant and defend generaly the title to the Property against all claims and demands. subject to any declarations, easements or restrictions listed in a schedule of ' exceptions to coverage in any title insurance policy insuring Lenders interest in the Property. a~331 PEE 448 FLORIDA - t to 4 Family - FNMMFHL.MC UNIFORM INSTRUMENT A-309A 6/79 ;