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HomeMy WebLinkAbout1354 s i ~ 49'7588 • THIS INSTRUMENT WAS PREPARED 8Y: CITIZENf F[D[RAL fAVINGf ANO LOAN AffOG1AT10N OF ST. LYCIC COUNTY ti00 S. FED[RAL N16HWAr. /T. rl[RCE. FLORIDA i ~~~+,~~~p~ y. p/~~+ C. R. MCDONALD. JR.. GEN[RAL COYNiE1. REDIDO~f IABIE RAZE } MORTGAGE ~ 22046260 i (SHORT FORM) THIS MORTGAGE is made this 20th day of August , 19 ~ ,between the Mortgagor, ter a nlarri t (herein "Borrower"), and the Mortgagee, CITIZENS FEDERAL SAVINGS AND LOAN~AS.SOCIATION 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 Fierce, County of St. Lucie, State of Florida, (herein "Lender"). t i WHEREAS, Borrower is indebted to Lender in the principal sum of ~~Y N3ro Thousand a~ ~ 1 Dollars, which indebtedness is evidenced by Borrower's note dated t (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 Jarniar'y 1. 2011 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 acxordance 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 thsreoa, 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 dascribed property located in the County i of St • Lucie State of Florida: ~ 3 Lot 1, I31ock 253, FORT ST. I~JCIE ' Sk7CJ.'ION FnUR, according to the i _ _ _ . plat thereof as recorded in PLAT _ _ . Ti00iK 12, pages 14 and 14A tlmi G, pub7.ic retards of St. Lucie Cotmty, - Florida, Mortgagor covenants that the property mortgaged herein is rot the residence of the mortgagor, nor is contiguous ~ to the residence of the imrtgagor and ~ ~ ~ - Q o is rot moTetgagar's lxmestead. ! ' ~ v,. 5 - R_C"~':^ f "]g.00 ' iN P1Y"'+!T CF TARE= ~ - ` CSf: L'T C! :.S 'C' i'! ~ • r F; ':~i P:cD?ERTY, r 't FL.:,~:iiT TO iI:71: + 71-:.~t, t•CiS Of 187E r F:,C~S P~Ii:~AS • ~ ' CLLWII C1T~CIiR COIMT, Si. WtxE CO,. RLQ~ ~ . _ _ _ t The P'RONIISSORY NOTE secured by this Mortgage contains renegotiable interest rate provisions. t The Il~TF.RE.ST RATE and MX~TIiIi.Y PAM'S called for. by said Note are thus subject to adjustment. z which has the address of corner of Ewing and Airoso , Port St . Lucie ,Fla . 33452 # y - (herein "Property Address"); (fTREET) IclTrl l E m nts n w or hereafter erected on the ro and all ease- l TOGETH R v~nth all the rmprove e o p perry, menu, rights, appurtenances, rents, royalties, mineral, or3 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 replaceme is and additions thereto, shall be deemed to be and remain a part of the property covered by this Mortga~e; . 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". j 3 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 wdl warrant and defend generally the tide to the Property against all claims and demands, subject to any declar- ations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy insuring Lender's interest in the Property. FLORIDA - 8HORT FORM - 1 to 4 Fawnily - 9/78 - FHLMC UNIFORM INSTRUMENT P~~~~ 8(!l~ E i - _ - -