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HomeMy WebLinkAbout0319 i~ r ~ 3 ~ ~ > FIRST FEDERAL SAVINGS AND LOAH ASSOCIATION OF FORT PIERCE 505634 ~ MORTGAGE 1o-23os2o1~ THIS MORT~3A(38 i. made this ..........30th day oi ...........Q~iC4~~C'................. , 19.8A .between the Mortgagor, .....~ar.Y3n. ~..Stutts. ~od.tCaren.lC...Stotts,his..wife (heroin "Borrower', and the Mortgagee. FIR81s FEDERAL. SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corporation organised and e~stiag Hader the laws of the United States, whose address is 100 Scam :second Street, Fod Pierce, l~lorida 35450 (herein "I,ender'7. _ We8[tSAS, Borrower y' indebted to der in the principal sum of .....FArtY..ThQUS~~IUd .and. NQl.~Q4--''--- ------------:.l~4QrQQQr.QQ~-"'':--------.......Dollars, which indebtedness is evidenced by Borrow~'e note dated ...Q~tQk~l :.~Q a . (liorein "Note'7, providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner pails due and payable on ...NnYember:.2A,.2oi)~... To 3itCLTSSto Leader (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the payment of all other anma, with interest thereon, advanced in acoordaace herewith to protect the security of this Mortgage, and the pearformanos of the ooveaants and agreements of Borrower herein contained. and (b) We npe~ymeat of any fatare advances, with interest thereon. made to Borrower by Leader pnnuant to paragraph 21 hereof (herein "F'ntnre Advances', Borrower does hereby mortgage, grant and convey to Leader the following •described property located in the County of........... l..luci ~ . State of Florida: Lot 15, Block 104, PORT ST. LUCIE, SECTION 27, according to the plat thereof on file in Plat Book 14, pages 5, 5A thru 5I, public records of St. Lucie County, Florida. RECElYEO f 50.0 0 pAYYENT OF TA1tEU O ~ OUE ON CLASS 'C' IxTAhG~61E PtRSOMAL PROTEdTY, t?C'~ FU~SUANi TO CHRPTf3 71-i~4, ACTS OF 1171. ROGER PORFAS ~ CLERK gRCUR COURT. iT. LYgE CO,, i I i By agreement of Mortgagor and Mortgagee on file wi+:h Mortgagee, the within mortgage secures not only an existing indebtedness, but also ADVANCES to be NEI?EAFTER made by Mortgagee to Mortgagor the aggregate of which will equal the principal amount specified in the promissory note secured hereby. _s- _ - -;r - - - - t _ - = - - - _ _ - i which has the address of. 104 N.y,l. Curry Street Port St. Lucie 3 • , • • Etorida... 3452 .....(herein "Property Address'; ~ae.~.... tir coos ~ { Toc;sTlleswith aU the improvements now or hereafter ere~.~ted on the property, and all easements, rights, appurtenances, 4 'rents, royalties, mineral, oil and gas rights and profits, water :water rights, and water stock, and all firtures now or hereafter attached to the property, aU of which, including replaoementa and additions thereto, ahaU be deemed to be and remain a part of 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." i t Borrower covenants that Borrower is lawfully seized of the estate hereby conveyed and has the right to mortgage, grant and convey the Property, that the Property is unencumbered, and that Borrower wiU warrant and defend generally the title to the i FYOperty 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. ~ FLORIDA-~ To 4 FAMILY-6/Irj-FpMA/FNLMC, (INiQRM MISTRUMENr p~ INDIVIDUAL =Y ~ - -