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HomeMy WebLinkAbout1183 4'74`78 k FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION i OF FORT PIERCE ol-23077017 MORTGAGE 4 ~I9 MORTGAGE is made this .~~OS~ day of AUatJSi~ : , 19.. ,between the Mortgagor..... ~loutSU.S...Pddri.Ck.,.d..single.adu]t (herein "Borrower"), and the Mortgagee. FIRST FEDERAL SAVINGS AND LOAN AS,gOCIATION OF FO)~I't~ILFtii, s ~,r~x,rauor~ orgsn;zr~:i anu iskis~ia~ ui.:~ tha.a~a~f!.hr ~Tuited es~so.i whose address is 100 South Second Street, Fort Pierce, i''lorida 33450 (herein "bender"). W HgRSAS , Borrower is indebted to nder in the principal sum of . 0=~€ , Fitf~iilRE Q THIRTY THO!lSAND AND,1~lO~ 100 ,----------.~~~.~sQQQ :QO~ -----------------..Dollars. which indebtednees.is evidenced by Borrowers ± note dated ....l~llgllSt.22...19$0 (herein "Note"), Providing for monthly instaWnents of principal and interest, with the balance of the indebtedness. if not sooner paid, due and payable on Septemher..lU, . ZQ09 . . ToSSCtnesto Lender (a) the repayment of the indebtedness evidenced by the Note, wiW interest thereon, the pavment of all other sums, with interest thereon. advanced in aboo~anoe herewith to protect the security of this Mortgage, and the performance of the covenants and agreements of Borrower herein contained, and (b) the repayment of sny future advances, with interest thereon, made to Borrower by Lender pursuant to paragraph 21 hereof (herein "Future Advanoee'7, Borrower does hereby mortgage. grant and convey to Lender the following .described property located in the County of.........$t .lUCle . state of Florida: lot 4 of the Plat of C.W. RINEHART PROPERTY, as per.pl~lt thereof on file in Plat Book 6, Page 52, of the public records of St. Lucie County, Florida, except that part thereof described as follows : ' Beginning on the north line of Lot 4 at point where intersected by a projection ' of the exterior line of the north wall of the W.G. PADRICK, JR. property (formerly C.W. RINEHART PROPERTY), which point measures approximately 15.6 feet west of the west right of way line of Indian River Drive; thence run West, along said north line to northwest corner of Lot 4; thence southeasterly along the~rear line of Lot 4 a distance of 82.81 feet to a point of intersection with a projection of the said exterior line of said north wall; thence easterly along the said exterior line (or its projection) of said north wall to point of beginning,. also right of way for Indian River Drive. ' Also that part of Lot 5 of said Plat of C.W. RINEHART~SUBDIVISION described as ''follows: Beginning on the west line of Indian River Drive where intersected by the north line of said Lot 5, run thence west along said north -line 474.6 feet, more or less, to the northwest corner of said Lot 5; thence southeasterly along the rear line of said lot 5 a distance of 83.21 feet;•thence northeasterly :451.1 feet more or less, to the point of beginning; the last described boundary being the exterior line of a certain wall located on the -property hetreindescribed and ex- tending along the westerly 205 feet of the easterly 234 feet of said last described boundary line, .o ~ o~: Together with riparian rights o~ `o 0 ~ ~ o= a ~ " By agreement of Mortgagor and Mortgagee on file ~ ~ i~ with Mortgagee, the within mortgage secures not only an existing indebtedness, but also ADVANCES ~ 4 3 ' to be HEREAFTER made by Mortgagee to Mortgagor ° the _ a gre ate of which wi 11 a ual the ri nci al ~.A~° amount eci fi d i q p p ~ ~ hereb sp e n the promissory note secured ~ ~ which has the address of.....?513 S. Indian River Dr. , Fort Pierce, ~cu,? F 1 on da 33450 (herein ..property Address"r . . (Stale aaa tip Code/ • • • • • • • • . ToGETHERwith all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rent, 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, together with said property (or the leasehold estate if this Mortgage is on a leasehold) are herein referred to as the "Property." $arrower covenants that Borrower is lawfully seized of the estate hereby conveyed and has the right to mortgage, errant 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 restriMions listed in a schedule of exceptions to coverage in any title insurance policy insuring Lender's interest in the Property. FiAR1DA-~ ro 4 FAM4~-6175-FNMA/FHLMC UNIFORM tNSTRUMElfT Btl KJJ7 QaGE~1~Q INDIVIDUAL VV