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HomeMy WebLinkAbout0402 i ~ t ` '3 ~ FIRST FEDERAL SAYINGS ~~AND `LOAN ASSOCIATION OF FORT PIERCE 49'7000 MORTGAGE Loan 1104-23076407 THIS MORTGAGE is made this .........18 day of . Au94S.tc , is. X80, between we Mortgagor... Aryti l~e..R.. Parks .and. Louise .T...Paxks,.his. ~w3fe (herein "Borrowea~'), and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN A8.90CIATION OF PORT PIERCE. a corporation organised and ezisting under the laws of the United States, whose address is 100 Sonw Second Street, Fort Pierce, r'torida 33450 (herein "Lendelr'~. W sBRe~s, Borrower is indebted to.Lender in the principal sum of FQRTY. ~~X ,THQUSAND ,At~D, NQ~100 . . -r::sr .------:(i~46,A0Q.OQlr--r--r-----r- .r::.. Dollars, which indebtedness is evidenced by Borrower's note dated ..AUgust.18,..1880 (herein "Note'7, Providing for monthly installments of principal and interest; with the balance of the indebtedness, if not sooner paid, due and payable on .Feb~ua~K'y, ,1r j,, ,-1982, , , , , , To8>tctntsto Lander (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the pelvment of all other sums, with interest thereon, advanced in aooordanoe herewith to protect the security of this Mortgage, and the performance of the covenants and agreements of Borrower herein oontau?ed, and (b) the repayment of any future advances, with interest thereon, made to Borrower by Lander pursuant to paragraph 21 hereof (herein "Pbtnre Advanoes'7, Borrower does hereby mortgage, grant and convey to Lerida: the following •deecribed property located in the County of......~t•..I,UCl@ State of Florida: lot 18, Block 58, South Port St. Lucie, Unit 5 according to the plat thereof recorded in Plat Book 14, pages 12, 12A thru 12G public _ records of St. Lucie County, Florida. By agreement of Mortgagor and Mortgagee on file with Mortgagee, the within mortgage secures not - only an existing indebtedness, but also ADVANCES to bar HEREAFTER made 6y Mortgagee to Mortgagor the aggregate of which will equal the principal amount specified in the promissory note secured f hereby. 4 f ~ ~ercn~mJ : 9x.00 IN PA`.'~S°_'IT Cf TAXES CL'.^_^'.t fz 'C :'."T' F - i :?':'l P:tOr^ERTr, IGr.;,:'.:TT iu :.«'?7~? :!•.d, F%iS OF 1871. k;:G=~ P%ITitAS cttalc aa~ulr ccuat, st. ttlclE co, ' - . ~ ~ • i~ f' ~ _ - ~ - - - ~ i t whichhaatheaddneeaof...... Port St.. Lucie. Blvd, Port_St:•,Lucie ~ . .~casl ~ f FlOridd ~34~2..(herein "Property Address'; tsa~e .oa zro caa.r ToGETHERwith all the imgrovement$ now or hereafter erected on the property, and all easements. rights, appurtenances, ~ rents, royalties, mineral, oil and gab rights and profile, 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 restrictions listed in a schedule of exceptions to coverage in any title insurance policy insuring Lender's interest in the Property. _ nR FLORIDA-1 To 4 FAMll1-6175-FNMA/FHLJ~IC UNIFORM INSTRUME.KT ~ PMG~ INDIVIGUAi. J