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HomeMy WebLinkAbout1059 00 ~ . ~ ~p . THIS INSTRUMENT WAS PREPARED BV: CITIZ[NS r!O[RAL fAVINGf AND LOAN Peynwnl ~T~e AfiOC1AT10N Or iT. LYCI[ COUNTY DIN O11 CIa» ~ Pwsollell~opMty~ 4~~ ti00 i. /EDERAL NIGNwAV, FT. PI[RC[, FLORIDA C. R. MCDONALO, JR., G[N[RAL COUN![L Pw.uant t• cl,.~w 7t.1s~ Asr or 51~~1. ~ ~ MORTGAGE • (SHORT FORM) /22035628 THIS MORTGAGE is made this 2nd day of Jtn.Y 19~,betweentheMortgagor, Frank J. Valeriano and Patricia M. Valr'riano. His Mife (herein "Borrower"), and the Mortgagee, CITIZENS FEDERAL SAVINGS AND LOAN A.S.SOCIJ•1TION OF ST. LUCIE COUNTY, a corporation organised and existing under the laws of the Utited 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 Twenty-Three Thousand One Hundred and No/100----------------------------Dollars, which indebtedness is evidenced by Borrower's note dated (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 August 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 S t . Lucie State of Florida: ~ - v Unit 3302-B, THE COLONY, commencing at the Northwest Corner lh of the South 200 feet of Lot 175, MARAVILLA GARDENS, UNIT 3, as recorded in Plat Book 6, Page 62, of the Public Records of St. Lucie County,. Florida; thence run North 900 East - " along the North line of the South 200 feet of said Lot 175, '1•' a distance of 23.0• feet to a point;. thence run South Oo 00' if 00" East, a distance of 50.6/ feet to the Point of Beginning.- I - fs From the Point of beginning continue South Oo 00' 00" East, a ~ ~ distance of 24.66 feet to a point; thence run North 900 East, - a distance of 32.0- feet to a point; thence run North Oo 00' I , 00" East, a distance of 24.66 feet to a point; thence run North ~ 900 West, a distance of 32.0 feet to the Point of Beginning. Together with rights of ingress and egress, Declaration of Party Walls, Restrictions, Easements and Protective Covenants as recorded _ _ at Official Records Book 309, Page 2018, of the Public Records of _ St. Lucie County, Florida. Z t which has the address of ~~n2 B South 7th~,Street,, Fort P.ierce~ FL 33450 - - (herein' rioperty Ad~"); IfTREET) (CITrI TOGETHER with all the improvements now or hereafter erected on the property, and all ease- meats, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, 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 lawf seised of the estate hereb ~eonve ed and has the ri t ~ y y ~ ~ to mortgage, grant and convey the Property, that the Property is unencumbered, and that Borrower will ~ warrant and defend generaDy the title to the Property against aII claims and demands, aubjact to any declar- ations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy insuring herider's interest in the Property. ' FLORIDA -SHORT FORM - 1 to ~ FMnihr - eRe - FHLMC UNIFORM INSTRUMENT ~ , ~~34 t,~10b7