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HomeMy WebLinkAbout0540 141 023008 ~3, 499 MORTGAGE THIS MORTGAGE is trade this 8TH day of S E PT Eh. G E R ~ 19 8 0 between the Mortgagor. JOHN R. CORBETT, A SINGLE hiAN (herein "Borrower"), and the Mortgagee,. HERITAGB FEDERAL SAVINGS AND LOAN ASSOCIATION , a corporation organized and exiting under the laws of THS UNITED .STATES OF AMERICA whose address is 230 NORTH BEACH STREBT, DAYTONA BEACH, FLORIDA (herein "Lender"1. WHEREAS, Borrower i indebted to Lender in the principal sum of T4;ENTY-FIVE THOUSAND AND 00/lOC Dollars, which indebtedness is evidenced by Borrower's note dated S E PT E:'~6 E R 8 , 1 ° 8 0 (herein "Note"), providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and payable on S E PT E 17 B E R 10 , 2 010 ; To SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the payment of all other sums, with interest thereon, advanced in accordance 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 any future advances, with interest thereon. made to Borrower by Lender pursuant to paragraph 21 hereof (herein "Future Advances"), Borrower does hereby mortgage, grant and convey to Lender the following described property located in the County of ST . LU C 1 E ,State of Florida: LOT 4, BLOCK 694, PORT ST. Lt1CIE SECTI(`•ti EIGtiTEE~', ACCCQD- IHG TO THE PLAT THEREOF RECORDED Ih PLAT SOGt' 13, PA~E~ 17, 17A THROUGH 17K, OF THE PUBLIC. RECORDS OF ST. LVCIE CC'U''TY, FLORIDA. ~IE6 i_ ~ • ~ M ~AlllIEIIT OF TAxp ~ , ~ Otif t1N CLsSS 'C t1iT~.l1i6~81E PI1tSOttAL 1~ P[rRiYANT TO ~ NAPTfA 71-i;.4, ACTS llF CLtNII t;1R~ctlti coRRrs14 L3gt ~ "It is covenanted and agreed that any defautt uttdeG the Construction Lcan Ag ~~rneni which is dated f con:.urren;iy he~ewi.h. arld is :,-t:veen the p•3rtte5 hereto, shat ':i' ~ c' ~i~ ~ :{t . mortgage, inccrac-a:~ ' ~ ~a=-~ ~~:ent and t 7ttis instrument prepared by _ _ - _ ' Shirley Scanlon, Asst Vice Pres. I - ~ - ` • ,t Herita e F ~ = _ - - ' g ederal Sa~•i~gs . i ~ ~ _ 1 and Loan A~_ _ ~ , which has the address of GLOVE2 STREET LGT 4 PCF?T ST. Lt;CI L , t (scr..U [c~hl i FLORIDA 33452 (herein "Property Address"); [shte .nd zip coe.t _ TOGETHER Wlth all the improvements now or hereafter erected on the property, and all casements, rights, i 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 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". i Borrower covenants that Borrower i 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 declarations, casements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy insuring Lender's interest in the Property. ~~R~~~-1 to ~ F~nilr-6/7S-fNMAJFNIYC UNtFOW INSTRItMENT ` VMP COME OLIOAT[O fVflw[ff 1011Yf. IMO. n.yr~ 1~ T!