Loading...
HomeMy WebLinkAbout1743 22o4796t ~ ~ . C11q+'~~ THIS INSTRUMENT 111~AS PREPARED 6Y: l CIT12ENi FEDERAL iAVINGa ANO LOAN AffOC1AT10N OI aT. LUCIE COUNTY fi00 a. FEDERAL NIGNWA~I, FT. PIERCE, FLORIDA C. R. MCOONALO. JR.. GENlRAL COUNlEL RENEGOTIABLE RATE . MORTGAGE (SHORT FORM) THIS MORTGAGE is made this 2 3rd day of O c t o b e r , 19 80 ,between the Mortgagor, Robert J Swe~,yert and osemary K_ Sl,apiePrt ~ his wife (herein "Borrower"}, and the Mortgagee, CITIZENS FEDERAL SAVINGS AND LOAN ASSOCIATION .OF ST. LUCIE COUNTY, ~ corporation organized and existing tinder 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 Twenty Four Thousand and No/00-----------------------------------------------Dollars, which indebtedness is evidenced by Borrower's note dated (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 March 1 : 2011 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 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: The North 1/2 of Tract 15, Block 1, Section 23, Township 36 South, Range 40 East, ST. LUCIE GARDENS, as per the plat thereof, as recorded in Plat Book 1, Page 35, 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 I called .for by said Note are thus subject~to adjustment. ~ ~ ~ ~ 3 E _ Received s ~ . ~'O In Payment 01 Taxa! _ _ . ~ ~ ~ Due On Ctass "C" Inta ibbPersonalpr - L. - j , ~ r L- ' Pursuant To Chapter 71, 134, Acts O?'f9~~t. . e . . _ _ _ _ - - . i ~ ~ ROGER POITRAS ~ l ~ i,1erY Circuit Court, St. Lucie, Co., Fla.. . which has the address of 80Q1 Rosemary Lane Port St Lucie Florida 3347 (herein "Property Address"), IlTREETI (CITYI x TOGETHER with all the improvements now or hereafter erected on the property, and all ease- ments, rights, app»rtenarlces, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and water stock, and all fixtures now ar 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, togetheir .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 lavvftilly seised of the estate hereby conveyed and has the right to mortgage, grant and convey the Property, that the Property is tinencur4ibered, and that 8onower will warrant and defend generally the title to the Property against all claims and demands, subject to any declar- ations, easements or resirictiona 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 Family - Si7d - FHt.MC UNIFORM fNSTRUMENT ga~341 ~A~1~`38 w~ ~ _ ~ - - - s~=