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HomeMy WebLinkAbout0263 22045205 495054 THIS INSTRUMENT WAS PREPARED 8Y: CITIZCNf F[OERAL fAVINGi AND LOAN AffOC1AT10N OF iT. LUCIE COUNTY 100 f. FEDERAL HIGHWAY, FT. FItRCt, FLORIDA C. R. MCOONAID, JR., GENERAL COUNiEI RENEGOTIABLE RATE MORTGAGE (SHORT FORM) THIS MORTGAGE is made this 31st day of Ju 1 v , 19.,$Q_ ,between the Mortgagor, -James E. Ha t f i e 1 d. A S i na l e Ad u l t (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 Eighteen Thousand Seven Hundred apd No/00-----------------------------------Dollars, which indebtedness is evidenced by Borrower's note dated J u 1 y 31. 1980 ~ (herein "Note"), providing for monthly installments of principal and interests with the balance of the indebtedness, if not sooner paid, due and pay- able on September 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: Lot 2, Block 6, FORT PIERCE HIGHLANDS, UNIT N0. 1, according to the plat thereof on file in Plat Book 10, Page 29, of the Public Records . of St. Lucie County, Florida. ~y" d~. The PROMISSORY NOTE secured by this MORTGAGE contains renegotiable interest rate provisions. The INTEREST RATE and MONTHLY PAYMENTS Ili called for by-said Note are thus subject to adjustment. I i ~ R~>Md i .r. D.,t On ~ . ~ ~ uftina~0le Per,L twrty. - ~rlyllt To CAs~r yt. 134, q~.Ot i 871. ' e ~ a11rR IR ~OtflR~g Ji%l///~%/ ~ . . - _ _ i'. f s_ ti which has the address of 4 3 02 Abbott Street, Fort ierce~ ~ [iTREET) (CITY) F 1 o r 1 rd~a . 33~ - (herein "Property Address") ~ ~ u ' TOGETHER with all the improvements now or hereafter erected on the property, and all ease- menu, 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 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 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. € FLORIDA -SHORT FORM - 1 to 4 Fpa~r - !i/76 - FHLMC UNIFORM INSTRUMENT gi~~ P~ ~r. ~ _ ~ ~f .