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St,~~~$1 THIS INSTRUMENT N'AS PREPARED 8V:
CITIZENS iEDERAL SAVINGS AND LOAN
ASSOCIATION OF ST. LUCIE COUNTY
fi00 S. FEDERAL HIGMWAV. FT. r1ERCE, FLORIDA
C. R. MCDONALO. JR., GENERAL COUNSEL
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RENEGOTIABLE RATE
MORTGAGE
(SHORT FORM)
THIS MORTGAGE is made this 30th -day of September
19 80 ,between the Mortgagor, GLENN D SWAIN and VIOLET R. SWAIN, his ~ fe _
(herein "Borrower"), and the Mortgagee,
CITIZENS FEDERAL SAVINGS AND LOAN ASSOCIATION OF ST. LUCIE COUNTY, a corporation '
organized and existing under the laws of the Utited States of America, whose address is 1600 South Fed-
eral Highway, City of Fort Pierce, County of St. Lucie, State of Florida, (herein "Lender").
WHEREAS Borrower is indebted to Lender in the principal sum of
FOURTEEN THOtfSAND and 00/100 Dollars, which indebtedness is evidenced
by Borrower's note dated September 30, 1980 (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 November 1 . 2010
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 accordance 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 thereon, made to Borrower by Lender pur-
scant to paragraph 21 hereof or incorporated by reference hereinto (herein "Future Advances"), Borrower
does hereby mortgage, grant and convey to Lender the following described property located in the County
of S t . Lucie State of Florida: ~
Lot 20, Block 420, PORT ST. LUCIE, SECTION 3, according
to the plat thereof as recorded in Piat Book 12, page
13 A thru I, of the public records of St. Lucie County,
Florida.
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~ The PROMISSORY NOTE secured by this MORTGAGE contains
renegotiable interest rate provisions. The INTEREST
RATE and MONTHLY PAYMENTS called for by said Note are
thus subject to adjustment.
RCCENfD s eZg•00 IN PAY?'E'[T CF TD.XES
~ ~ GL'E OM CLa:T 'C' IyT~.'.~6 Sis Ptf Fr.•"_•: E:~TV. _ - _ . _ }
a'1 ~ FU~~J3JIT TO CH~YT~^ 71-: 4, It~TS Of 1871. ~ ~ • - '
CLERK gRGWT COYRT, ST. LYGE CO, FiA.B~' s: t - ~ • - _ ~ -
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which has the address of 798 SE Al batrost Port St Lucie Florida 33452
(herein "Property Address"), IsTREETI ICITVI
TOGETHER with all the improvements now or hereafter erected on the property, and all ease-
ments, rights, 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 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". f
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Borrower covenants that Bonrower 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 will
warrant and defend generally the title 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
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insuring Lender's interest in the Property.
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