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THIS INSTRUMENT YI~AS PREPARED BY:
493803 ~ CITI:Ell:/lDERALlAVINGi AND LOAN
AsfOC1AT10N OF iT. LtJC1E COYNTY
Ii00 FEDERAL NIGNWAY, FT. PIERCE. FLORIDA
C. R. MCOONALD, 1R., GENERA{. COUNSEL.
RENEGOTIABLE RATE
MORTGAGE X22°452' 3
(SHORT FORM)
THIS MORTGAGE is made this 23rd day of Ju l x ,
1980 ,between theMortgagor, Charles V. Blount and Jeanette Blount, 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 Fifteen Thousand 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 - September 1, 200
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 . Lucie State of Florida:
Lot 5, Biock 2, Seminole Park Subdivision,
according to the plat thereof on file as
recorded in Plat Book 10, Page ll, of the
Public Records of St. Lucie County, Florida.
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The PROMISSORY NOTE secured by this ~ ~ ! Al-r; c R Y~ 'Y°_`- ' ~
MORTGAGE contains renegotiavle interest .n ut~~ f l'R• ~ i
rate provisions. The INTEREST RATE and ~ J : ; ' 4='-~=~~' ? 5 0 1
j MONTHLY PAYMENTS ca 11 ed for by said Note ' = N ~n ~ - . r
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~ are thus subject to adjustment.
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d ~ Raoeivad • v" ~ ~ in Payment Of Taxss
N ~ - Due On Class "C" intanSible Personal Property.
Pwsl.ant To Chaptat 71.134. Aces Of tfyil.
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IIOOSeR rOR11A1s
CIMk CIroMt CbeR !t L1t11.~ OOC. ~M.
which has the address of 2605 Kerr Street Ft . Pierce
b Florida 33450 (herein "Property Address"); (tTREETI (CITYI
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
s .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; ,
g and all the foregoing, together with said property (or the leaseho]d estate if this Mortgage is on a lease-
F ~ 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-
ationa, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy
insuring Lender's interest in the Property.
FbOR10A -SHORT FORM - t to 4 FaRlliy - S/76 - FHI.MC UNIFORM INSTRUMENT
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