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HomeMy WebLinkAbout0040 M 51¦ MORTGAGE THIS MORTGAGE is made this 1ST dayof OCTOBER, 1980 between the Mortgagor, C. F. SHAWVER CONSTRUCTION COMPANY. INC.. A FLORIDA CORPORATION (herein "Borrowed. and the Mortgagee, First Federal Savings and Loan Association of Martin County, a corporation organized and existing under the laws of the United States of America. whose address is 989 •South Federal H ighway, Stuart. Florida 33494 (herein "Lender'?. • WHEREAS, Borrower is indebted to lender in the principal sum of ~ f 38000. 00) ---THIRTY-EIGHT THOUSAND AND NO /100 THS--- pollars, which indebtedness is evidenced by Borrowers note dated OCTODER 01, 1980. (herein "Note': provided for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid. due and payable on JuryYlsfr; 1981; . 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 Mort- gage, 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 t;ounry of ST . LUCIE • State of Florida: LOT 4, BLOCK 421, FORT ST. LUCIE SECTION THREE, ACCORDING TO THE PLAT THEREOF. AS RECORDED IN PLAT HOOK ~.2. PAGE 13. 13A THROUGH 13I, PUBLIC RECORDS OF ST. LUCIE COUNTY, FLORIDA. / J - _ - L ~ , . - r ~ , • - ? Recervert ! ~ ~ ~ ~b In Payment Of Texo! _ _ , : - ~ - ' S 7 ~ i ? ! Due On Class "C" Intangible Pe;so~n~ protrr*ty, ` _ ~ v - _ } pursuant To Chapter 71. 134.:,cts J~ ' 8 Jam. ROGER POiTRaS ~r_ .,te.y Circuit Court, St. Luce, Co.. Fla. t • THIS INSTRUMENT PREPARED BY= STUART-MARTIN TITLE CO., INC. POST-OFFICE BOX 866, STUART. FLA. 33494 BY: DEBRA A,•SIGAFOOSE LN #0020046511 • which has the address of AUTUMN TERRACE. PT. $T. LUCIE, FLORIDA 334 52 isrreeo tC~M (herein °Property Address'; SState and 2~p Code1 TOGETHER with all the improvements now or hereafter erected on the property. and aU easements. rights, appurte- nances, rents. royalties, rriineral, oil artd gas rights and profits. water, water rights, and water stock, and all fixtures now orhere- after 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 teaset?oid) are herein referred to as the °Property. Borrower covenants that Borrower is lawfully seised of the estate herebyconveyed and has the right to mortgage, grant and convey the Property. that the Property is unencumbered, anti the Borrower w#ti warran! and defend generally the title to the Property against all clams and demands. subject to any declarations, easements or restrictions listed in a schedule of ezcepUOns to coverage rn any title insurance policy insuring Lenders interest in the Property. P~ ~0 FLORIDA - t to 4 Family - FNMA/FHLMC UNIFORM INt3TRUMENT A-309A 6/79 • _ _ - ; - -