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HomeMy WebLinkAbout0654 ~ [ ~ ~•.r L AVII~~~ AND~OAN ASSOCIATION _ FIRST FEDERA S OF FORT PIERCE 500558 MORTGAGE No.OI_23079062 THE PROMISSORY NOTE SECURED 8Y THIS MORTGAGE CONTAINS RENEGOTIABLE INTEREST RATE PROVISIONS. THE 1`NTEREST RATE AND MONTHLY PAYMENTS CALLED FOR BY SAID NOTE ARE THUS SUBJECT TO ADJUSTMENT. THIS MORTGAGE is made this 23rd day of Sept~er, , , , , , , , , , , , , , , , , , , 19 . $0, between the Mortgagor, .KATN~~iK~.~~.~,..$.;~lade..ddu~~ . (herein "Borrower"), and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corporation organised and existing under the laws of the United States, whose address ie 100 South Second Street, Fort Pierce, Florida 33450 (herein "Lender"). - WHEREAS, Borrower is indebted to Lender in the principal sum of SEVENTEEN 7HOUSIIND ,AND, NO(100------, , -j~17.,OQp.Qp ----------------r-zr- .Dollars, which indebtedness is evidenced by Borrowez's note dated .SeRtembe~:.2~s..1.~$Q...~...... (herein "Note"). Providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, or_not sooner due for Borrower's failure to exercise renewal options set forth therein, due and payable on Octnher 10 ~ 2010 TO SECURE to Lender (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the payment of all other eum8, with interest thereon, advanced in aeoordance 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 ....SL.. Lucie . Stele of Florida: Lot 20, Block 36, SINILAND GARDENS According to the plat thereof recorded in Plat Book 9 page 5~ ' Public Records of St. Lucie County, Florida i 50 RECEIVED s j~ O~ _ IN PA;"•ctlT Cf TRl(~ _ - . C), DIIE 4Y CL.-.'ii 'C' !'TT~`~C atf Pei.:.o~~1 F:'.' E:.TY, ~ FtiASi;AFii TO ai~7i=; 71-+.4, A•~IS Le 1311. ' ~ i ' RuG:~ P~IT..AS - ~ CLEiilf pItCUFT COYitT, Si. W~IE W, FLLS~- r, ~ . , , - ._.F_ _ i I By agreement of_Mortgagor and Mortgagee on file with Mortgagee, the within mortgage secures not only an existing indebtedness, but also ADVANCES to be HEREAFTER made by Mortgagee to Mortgagor the aggregate of which will equal the principal amount sQecified in the promissory -note secured hereby. - which has the address of 3804 AYE'J1 UR I Fort . P.der.Ge.............................. . ~ (sa«c? (Cif) ~ Fl.ori da. 33450 , , , (herein "Property Address"); .tea tip c~? TOGETHER with all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profile, water, water rights, and water stock, and all fiztnres now or hereaRer 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 lease- hold estate if this Mortgage is on a leasehold) are herein referre~to as tTie "Property." Borrowed eovenants.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 b 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. FLORIDA - l-4 FAMTI.Y 7~fi0 60~~ ~4 LN a3 RRM _ -