HomeMy WebLinkAbout0230 ~ S'T-41,992 ~b'
MOR~'GAG E 5~~81
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..
THIS MORTGAGE is made this30TH day of OCTOBER, 1980 between the Mortgagor.
VIRGIL A. KASH ANU MABEL C. KASH, HIS WIFE
(herein"Borrowel'q. and the Mortgagee. First Federal Savings and Loan Association of Martin County, a corporation
organized and existing under the laws of the United States of America, whose address is 989 South Federal Highway,
Stuart, Florida 33494 (herein "Lender'?.
WHEREAS, the Borrower is indebted to lender in the principal sum ol-- (ti 28800. 00>
---TWENTY-EIGHT THOUSAND EIGHT HUNDREII ANU NO /100 THS---
Dollars, which indebtedness is evidenced by Borrower's note dated (herein "Note"),
a copy of which is attached and incorporated by reference, provided for monthly installments of principal and
interest, with the balance of the indebtedness, if not sooner paid, due and payable on
APRIL O1, 2011.
TO SECURE to lender(s) 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 securiryof this Mort-
gage. 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 Borrower by Lender pursuant to paragraph 21 hereof (herein
"Future Advances'?, Borrower does hereby mortgage, grant and convey to Lender the following described property
located in the County of ST . LUC I E
State of Florida:
LOT 19, BLOCK 316, POkT ST. LUCIE, SECTION THREE, ACCORDING TU
THE PLAT THEREOF, AS RECORDED IN PLAT BOOK 12. PAGES 13A,
THROUGH 13I, OF THE PUBLIC RECORDS OF ST. LUCIE COUNTY,.
FLORIDA.
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THIS INSTkUMENT F'REPAREU BY:
STUART-MARTIN TITLE CO., INC. ~ '
POST OFFICE bOX 866, STUART, FLA. 33494
BY: DEBRA A. SIGAFOOSE
LN0020047188
° which has the address of FAITH TEkkACE, PORT S7. Ll1CIE, FLORIUR 3~4~2
~ ST~ePA tC~ty!
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(herein "Property Address"?.
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( TOGETHER with all the improvements Row or hereafter erected on the property, and all easements, rights. i
appurtenances, rents, royalties. mineral. oil and gas rights and profits, water, water rights, and water stock. and all fix-
lures 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 t
property (or the leasehold estate if this Mortgage is on a leasehold) are herein referred to as the "Property'.
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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 the Borrower will warrant and defend generaliy ;
the title to the Property against all claims and demands. sub)ect 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.
RENEGOTIABLE RATE FFMC (6/80)
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