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HomeMy WebLinkAbout1656 141 023183 ~q SU290'7 MORTGAGE _ THIS MORTGAGE is made this 3RD day of OCTOBER 19 80 between the Mortgagor, ' ' JOHN T. GERHARDT AND VIRGINIA G. GERHARDT, HIS WIFE (herein "Borrower"), and the Mortgagee, HERITAGE FEDERAL SAVINGS AND LOAN ASSOCIATION , a corporation organized and e~tisting under the laws of THE UNITED STATES OF AMERICA whose address is 230 NORTH BEACH STREET, DAYTONA BEACH, FLORIDA (herein "Lender"). W1tEREAS, Borrower is indebted to Lender in the principal sum of SEVENTY-FIVE THOUSAND SIX ~~~~~~~d-~hD OO~1Q0 Dollars. which indebtedness is evidenced by Borrower' e 0 CTT B tE R 3, 19 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 OCTOBER 10, 2010 ~ 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 Burrower herein contained, and (b) the repayment ~ of any future advances, with interest thereon, made to BOrrOWer by Lender pursuant b paragraph 21 hereof (herein "Future Advances" Borrower does hereby mortgage, grant and com~ey to Lender the following described property ` located in the County of ST. LUC I E ,State of Florida: LOT 11, CANOE CREEK, A SUBDIVISION ACCOP,DING TO THE PLAT THEREOF ON FILE IN PLAT BOOK 18, AT PAGE 9 OF THE PUBLIC RECORDS OF ST. LUCIE COUNTY, FLORIDA. RECEIVED S / S/. ~O IN PAS'':"VT CF TAXES C GQ_ C'1 CLt •C' I'~T 5! Pi.^.::G.t; L PROs ERTV[ - ~ - - r Ft1;:;~;;:.Ht TO ~ti.:PT: 72-'_4, ACTS OF- 1971. - - - CLERK q~LUIT t:Cd7T, Si, LU:.iE lA., f1.A. ( COV~'C ~n'~-~1 _~-.r- ~t `l C~.~f~~:2[ Jf1G'~ - _ - . ' i i J. 'i V + ~ s 1 ~ l . c ~ - This instrument prepared by ~ i_::i I Shirley Scanlon, Asst Vice Pres. Herifage Fede!at Savings FHLBB-INDEX 11.89 and Loan Assoc;ation DD P. O. Box Y PROVIDED, H04lEVER, THAT SAID NOTE MAY BE AUTOMAT~~~.~~~i~4~t~ AT THE OPTION OF THE BORROWER, IN ACCORDANCE WITH THE TERMS AND PROVISIONS OF SAID NOTE. ^-~TOGETHER WITH ANY EXTENSIONS, RENEWALS, OR MODIFICATIOPtS THEREOF 4:HICH ARE MADE IN ACCORDANCE l+11TH THE PROVISIONS OF SAID NOTE. which has the address of LOT 11, CANOE CREEK SUBDIVISION 4JH I TE CITY [streeq ~ tC;tyl F L 3 3 4 5 0 (herein "Property Address") ; [stste ana zip Code] TOGETHER wl[h all the improvements now ur hereafter erected on the property, and all easements, 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 of the foregoing, together with said property (or the leasehold estate if this Mortgage is on a leasehold), arc herein referred to as the "Property". 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 unencumtxred, and that Borrower will warrant and defend generally the title to 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. fIORIDA-1 to ~ Family-6/75-FNMA/FNLMC UNIfORM INSI9UMENT BGI,~,~~0 P~GE~1~ VMp COns O~~O~r[o •vl~M[st ?OwMS, ist. LCS-3R I _ - -