Loading...
HomeMy WebLinkAbout1741 22048597 S44°~62 THIS INSTRUMENT IkAS PREPARED 8Y: • CITIiENf /EDERAL fAVINGf ANO LOAN AffOC1AT10N OF !T. LUCIE COUNTY Ii00 f. FEDERAL NIGNWAV, FT. ?IERCE, ?LORIDA C. R. MCDONALO. JR., GENERAL CONNSEL RENEGOTIABLE RATE - MORTGAGE- - (SHORT FORM) THIS MORTGAGE is made this 23rd day of October , - 19 80 ,between the Mortgagor, Clanton R. Hansen and Elizabeth M. Hansen, his wife (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 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"). - { WHEREAS, Borrower is indebted to Lender in the principal sum of Thi rtv Threg Thousand Two Hundred and No/100------------------------------Dollars, which indebtedness is evidenced by Borrower's note dated October 23. 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 December 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 fut`ire 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 r _ 1_ i P State of Florida: - Lot 1, Block 147, LAKEWOOD PARK UNIT it accordin to the rat thereof 9 P on file as recorded in Piat Book 11, Page 32A, of .the Public Records of St. Lucie County, Florida. E - ~ ~ 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. • ~ Ili 4 M _ ~ In PeY~^t ~ Taxet - ~ Rece~ !1 Inten9ible Persorla~ prop+~41~ ~ . - e On Class ' C • ~ , Q•~ • - rrp - hepte 134 ~Acta ~ ~ _ r= i - pursuant 1o C r 71. f . ; i > i , r • . i ROGER pO1TRAS . - - - . ~ - - - -r~ coup St. lucre, Co-• FI?. cn _ . ~ rlery Circuit - i 1 which has the address of 7206 Santa Rosa Parkways Fnrt Pierce„ Flnrlda 3,~4Sn (herein "Property Address"); I:TREETI (CITYI 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 stook, 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, togethef 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 to any declar- ations, easements or restrictions listed in a schedule of exceptions to coverage in any title insurance policy insuring Lender s interest in the Property. FLORIDA -SHORT FORM - 1 to 4 Fflnily - >t/78 - FHLMC UNIFORM INSTRUMENT - k B~(J`fl PaGE~~~ _ M