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THIS INSTRUMENT N'AS PREPARED BY:
CIT12ENf i[OERAL fAVINGi ANO LOAN t
AffOC1AT10N OF !T, t.UClt COUNTY
1000 f. i[OERAL NIGHWAV, PT. /IERC[, iLORIDA
C. R. MCDONALD, JR., GENERAL COUNiEL ~
RENEGOTIABLE RATE
MORTGAGE
(SHORT FORM) -
THIS MORTGAGE is made this 14th day of October
~19-~_,betweentheMortgagor, Darrell R. Echard and Jennifer J. Echard. his wife
(herein "Borrower"), and the Mortgagee,
CITIZENS FEDERAI, SAVINGS AND LOAN ASSOCIATION OF ST. LUCIE COUNTY, a corporation
organized and existing under the laws of the United States of America, whose address is 1600 South Fed-
eral Highway, City of Fort Pierce, County of St. Lucie, State of Florida, (herein "Lender").
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WHEREAS, Borrower is indebted to Lender in the principal sum of Twenty Nine Thousand _
One Hundred and No/00----------------------=--------Dollars, which indebtedness is evidenced
by Borrower's note dated -October 14, 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 b~ reference hereinto;
and (e) the repayment of any future advances, with interest thereon, made to Borrower by Lender pur-
suant 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:
i
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Lot 3, Block 131, PORT ST. LUCIE, SECTION 27, according to the plat 4
thereof on~file as recorded in Plat Book 14, Pages 5 a-i, of the
Public Records of St: Lucie County, Florida. -
The PROMISSORY NOTE secured by this MORTGAGE contains renegotiable -
interest rate provisions. The INTEREST RATE and MONTHLY PAYMENTS _
III called for by said Note are thus subject to adjustment.
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I ~3 Q;
i Received • u ~ In Peyrnsnt Of T~tcN
Oue On Class "C" IntanpibbPersonelotop~tY, -
- _ _ _ , - ' _ ' pllsuem To Chapter 71, 134. A
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_ ROGER POITRAS a
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v' ~ C{e~L CI?cUit COUrt. SL ttlCie, CO.. FIB.
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which has the address of 481 S.W. Buxton Avenue, Port St. Lucie, Flrn-i-da 33452 _
(herein "Property Address"); (STREET) (CITYI
TOGETHER with all the improvements now or hereafter erected on the property, and all ease-
l 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 a>) 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". - ~
' 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 unencumbered, and that Borrower will
warrant and defend generally the title to the Property against all claims and demands, subject tb any declar-
ations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance poticv
insuring Lender's interest in the Property. -
FLORIDA -SHORT FORM - 1 to 4 Family - Sl16 - FHLMC UNIFORM INSTRUMENT
go~c341 PAGE X20
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