HomeMy WebLinkAbout0737 PS-3483 ~ ~
49169'7 ~ ~ trument was prepared by:
..P.QBT, SJ.. LUCIE.6ANK .
Port St. Lucie, Florida
MORTGAGE
THIS MORTGAGE is made this . . . day of ~~7~
19 .$Q betwcen the Mortgagor, THQMAS . E.. MUNDY .and SARAH. C.. I~1FtDY, . his. iKi.fe .
(herein "Borrower"), and the Mortgagee, . . .
~Tti .4V~~~. • a corporation organized aad
existin under the laws of ..~tdt~. Qf Flori Sid... whose address is.
~QQ Prima .~tista: ~tvda .fort. ~~ti .~.uci~,..~tori~a. 33:4~~ (herein "L,ender") .
WHEREAS, Borrower is itldebted to Lender in the principal sum oAO~ .Hundred Thousand and , 00100
------:'-----------------Dollars, which indebtedness is evidenced by Bormwcr's
note dated...~...Juay..~1.,~,1980..........(herein•"Note"), providing for ittonthly installments of rincipal and
interest, with the balance of the indebtedness, if not sooner paid, due and payable on...aUn@. ~ a. zQQ~......... .
To $ECtJRB 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
Mortgage, and the performance of the covenants and agrcemer?ts of Borrower herein contained, and (b) the repayment
of anyfuture 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..... St..LUC3R State of Florida•
j
A parcel of land on an island lying in Sections 29 and 32, Township~35 South,
• Range 40 East, being more particularly described as follows:
M From the Northeast corner of Section 32, Township 35 South, Range 40 East,
(This point being approximately 6.5 feet West and i,2 feet South of the
section corner by the State Road Department), run South 02°46'06" West
along the East section line 240,23 feet to the centerline of Isola Sella
Drive; thence run North 69°40'54" West 175.97 feet; thence run North
~ 52°59'54" West 196.55 feet to the point of beginning; thence continue North
52°59'54" West 180 feet; thence run North 37°00'06" East 275 feet, more
` or less, to the centerline of the Old Five Mile Creek; thence run Southeasterly
along the centerline of Old Five Mile Creek 198 feet, more or less, to a
point on a line that bears North.33°18'S6" East from the point of beginning;
thence run South 33°18'56" West 265 feet, more or less, to the point of beginning
~ Subject to easement for Isola Bella Drive, as recorded in O.R. Book 221,
Page 2499, of the Public Records of St. Lucie County, Florida.
Recenrod ~ din Payment Ot Taxss
{
~ ~ is , Due On Class "C" intangible Psrsonsl Pho~ty,
l~ Pursuant To CAsptsr 71.134, Aixs Of 1t:71,
IIOGEA POIT'MS
Clark Cltq~t Court. >st. Luoi~, Co„
I
2502 Isola Bella Drive Ft. Pierce
which has the address of ~
[staael tcigrl
Florida. 33450 .......(herein "Property Address");
tSbh and Zip Coda]
TocETHER With a!l the improvements now or hereafter erected an 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, togethtr 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 seised of the estate hereby rnnveyed 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
fisted in a schedule of exceptions to coverage in any title insurance policy insuring Lender's interest in the Property.
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