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HomeMy WebLinkAbout0083 ~ '3. t ? FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE . tgctsrto t_$~o---- m *~?r~arrt a T~xtsl ~ cuc a~ ctA~: ~ Ik1A:iC stt P,~~~.;,~ r~orE++tY, SUa3$21 ~3• ptiSSJAIIT :N..?i~ ~ 71•,.x, AC1S OE q71. aL~ , ~ - MORTGAGE D4-23080730 • (xEfiK g7tLWT COST, iT. LNGt Me 1'tstiQ THIS MORTGAGE is made . ~sy of . 9ctQ!?4r . . ~ ~iCHard'V'. uck'son and~E'I~iabet S T~~~ if' t 19..80, between the Mortgagor . ................................................:...4pk$Qll~. ~11;•..~?...@...........:... (herein "Borrower''), and the Mortgagee FIRST FEDERAL SAVINGS { AND LOAN ASSOCIATION OF FORT PIERCE, a corporation organised and existing under the laws of We United States, whose address is 100 South tleoond Street, Fort Pierce, !Florida 334bo (herein "I.eiidar'~. 1 FORTY TWO THOUSAND AND NO 100------- W HBRSAS Bono in ted to nder in the principal enm of . . ' f - l . ~2a~ s ---..:-------------...Dollars, which indebtedness is evidenced by Borrower's . note dated . QCtObel^ . ~4 t. 19, , , , , , , , , , , , , , , , , , , , (herein "Note'7, providing for monthly installments of principal and interest, with the ~a1n~~? of tie ind , if not sooner paid, due and payable on November. 10 Z00~ - To SSCtti18 to Lender (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the pa~?ment of all other sums, with interest thereon, advanced. in aooordanoe herewith to protect the security of this MorggaSe 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 Bo_ mower by Lender pwrsnant to paragraph 21 hereof (herein "P'ntnre Advanoes'7. Borrower does hereby mortgage, g=ent and convey to Lender the followiag •deecribed property located in the County of 5~.. l.wGi~2 , State of Florida: That part of the North 11.36 chains of Goverment Lot 2, Section 36, Townshipp 35 South, Range 40 East, St. Lucie County, Florida, more particularly described as follows: From the intersection of the fast right of way line of Florida fast Coast Railway and the South line of the North 11.36 chains of said Government Lot 2, run northwesterly along said East right-of-way line to a point that is 100 feet due North of the South line of~the North 11.36 chains of said Government Lot 2; thence continue Northwesterly along said East right-of=way line 60-feet to the point of beginning; thence continue Northwesterly along said East right-of-way line 60 feet more or less to a point that is 227.65 feet Northwesterly of. the South line of the North 11.36 chains~of said Govern- ment Lot 2 as measured along said East right-of-way; thence run Northeasterly to a point on the East right-of-way line of South Indian River Drive, said point being 322.5 feet Northwesterly of the South line of the :North-11.36 chains of said Government Lot 2 as measured along the East right-of-way line of South Indian River Drive; thence continue Northeasterly to.a point on the West shore of the Indian River, said point being the Northeast corner of the parcel herein described; thence return to the point of beginning; from said point of beginning run Northeasterly.to a point on the West right-of-way line of I South Indian River Drive, said point being 100 feet Northwesterly of the North line of the ~ South 100 feet of the North 11.36 chains of said Government Lot 2 as measured along South Indian River Drive right-of-way; thence continue Northeasterly to a point on the West shore of the Indian River thence run Northwesterly along the West shore of the Indian River to the Northeast corner of the parcel herein described, LESS right-of-way, said land lying in~Section 36, Township 35 South, Range 40 East, St. Lucie, County, Florida. 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 specified in the promissory note secured hereby. which has the address of.. 4517. South Indian River Drive .Fort Pierce . Fl orid~, , . , , , . , , 33450roerein "Property Address'; ~ ToGETIiEewith all the improvements now or hereaRer 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 t attached to the property, all of which, including replacements and additions thereto, shall be deemed to beand remain a partof 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." Borrower covenants that Borrower is lawfully seized of the estate hereby conveyed and has therightto mortgage. grantand convey the Property, that the Property is nnencnmbered, and that Borrower will warrant and defend generfllly 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. ~34i p~ 83 . FLORIDA-1 TO 4 FAMILI/-G/75--FNMA/FHLMC UN~oRM INSTRUMENT INDIVIDUAL