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HomeMy WebLinkAbout2251 • ~ ~ ~ ~ b. FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION ' OF FORT PIERCE 4~?~42 MORTGAGE o5-23070616 MORTGAGE is made this ~~il day of ,Miu! . . . ls. between the Mortgagor, I~IEST..TEXAS .OF.F. ICE. SUPP.LY., .INC.., . A .Texas..Carporation . (herein "Borrower"). and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASS(xIATION OF FORT PIERCE, a .corporation organized and ezisting under the laws of the United States, whose address is 100 South Seooad Street. Fort Pierce, Florida 33450 (herein "Lende~~. 1NItEREes, Borrower is indebted to Lender in the principal sum of FIFTY, THOUSAND, TWO ,HUNQRED, AND ,NOf 100-- ---------------------,~.~SQs~QQ.QQ ...----------.Dollars, which indebtedness is evidenced by Borrower's note dated May..2,, .19,$0 (herein "Note', Providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due ana payable on . Mdy..10.~ . ~~Q9............ To SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, We payment of all other sums, with interest thereon, advanced in accordance herewith to protect the security of this Mortgage, and the performance of the oovenaiits and agreements of Borrower herein contained, and (b) the repayment of aqy future advances, with interest thereon, made to Borrower by Lender pursnaat to paragraph 21 hereof (herein "Pbtnre Advanoes'7, Borrower does hereby mortgage, grant ~ and convey to Lender the following described property located in the County of...........5~:.~~~i4 3tateof Florida: Apartment Number 103 of OCEANRISE CONDOMINIUM, A Condominium, according to the Declaration of Condominium recorded in O.R. Book 313, at page 2307 through 2351 of the Public Records of St. Lucie County, Florida, and as amended in O.R. Book 315, page 1853 through 1866, together with all of its appurtenances according to the Declaration and subject to all of the provisions of the Declaration of Condominium. By agreement of Mortgagor and Mortgagee on file with Mortgagee, the within mortgage secures not 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. i r e ~ •~0 P'"- S / 0 o.y0 fY PA'7~-,n CF TAB F6=.S.,;.;1. i~ :!-.-3, I.LTS GF 1971. f,.:~ER Pc1i:AS CLfAK QAGUR ~Gl3RT, ST. LW"I.E 00, RA.~I~- , y 10310 South AlA Jensen Beach which has the address of.......... is~rna) ~ ~ca,~ 3 F1 on da 33457 (herein "Property Address"); ~ ' is~:~ :oa do coa:? TOGETHERwith all the improvements now or hereafter erected on the property, and all easements, 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 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 restriMions listed in a schedule of exceptions to rnverage in any title insurance policy insuring Lender's interest in the Property. aanK~1 P~cE~48 _ f FLORIDA - 1 TO 4FAMILY-6/75-FT1MA/FHLMC CORPORATION ~J