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HomeMy WebLinkAbout0327 ~3. FIRST FEDERAL SAVINGS ~ AND LOAN ASSOCIATION OF FORT PIERCE ~ 5U?5i636 ~ No. O1-23081274 ~ MORTGAGE THIS MORTGAGE i• made this - 31 st day of OCtObel'; t . i 19 8U ,between the Mortgagor, ..t).QQN Rti KiI~G apd GI.ARYS...E.... KIdG, b i s rdt fe . (herein "Borrower"), and the Mortgagee. FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE, a corporation organised and e'sting under the laws of the United States, whose address is 100 Scum Second Street, Fort Pierce, Xlorida 33450 (herein "I.ea~de~. NO~ .Borrower is iptedso I,ta~yder in the principal sum of NINETY THRF~ .T~Q~S~A . F~~R H~4~,Q. ~Q • 11 4400UU W~ - Dollars; arhich indebtedness is evidesced by Borrower's note dated ....Q~~Q~R~'. ~j s..~ ~$Q (herein "Note"). Providing for monthly installments of principal and i interest, with the balance of the indebtedness, if not sooner paid, due and payable on ~dl1)ldl"y.. ~ 0, , ~Q10 , , To St~rrtt3 to Lends: (a) the repayment of the indebtedness evidenced by the Note, with interest thereon, the payment of all other sums, with interest thereon, advanced is accordance herewith to protect the security of this Mortgage; and the performance of the covenants and agreements of Borrower herein contained, and (b) the reps~yment of any fntnre advances, with interest thereon, made to Borrower by Leader pursuant to.paragraph 21 hereof (herein "Fbtnre Advaaoes'~, Borrower doe S t ~by ; e ortgage, grant and convey to Lender the following • described property located in the County of . State of Florida From the Northwest corner of lot 2, PALM VISTA PARK SUBDIVISION, as per plat thereof recorded in Plat Book 7, page 29, public records of St. Lucie County Florida, run South 5 feet to the South right of way line of Delaware Avenue, thence along said right of way for Delaware Avenue run Westerly 650.5 feet for the point of beginning; thence run South 166.75 feet; thence run West 130.13 feet; thence run North 166.75 feet; thence run East 130.13 feet to the point of beginning; said lands lying and being in Section 8, Township 35 South Range 40 East? o- ~I RE".SPED f / a IN PA"F!`_:1T Cf TAXE= CUB CJi CIA~t •C (I1TAUG "tf F_~~::J:.::t P O?tdjf, FU~.iDAIiT ?0 GHAf'Tift 71-~:4, ACTS Of lflt, ROfxS PuR+:AS aFFtl Herat corRT. aT. trc~ ca. aa.~11. By agreement of Mortgagor and Mortgagee on -file with Mortgagee, the within mortgage ~ secures not only an existing indebtedness, but also, ADVANCES to be HEREAFTER made by Mortgagee to Mortgagor the aggregate of which wiii equal the principal amount specified in the promissory note secured hereby. - y~, Y _ _ _ _ _ I which hsa the address of...3407..0el,a~rare..Avenue, ......................Font. P.terce.....~...................... , ~ - F~ 4!':11iA ........~~a~Q .....(herein "Property Address"); ~se.a .na z~ coaq TOGt3THERwith all the improvements now or hereafter erected on the property, and all easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profile, water, water rights, and water stock, and all factures now or hereafter 'f 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 property (or the leasehold estate if this Mortgage is on a leasehold) are herein referred to as the "Property." 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 will warrant and defend generally the title to the I Property against all claims and demands, subject to any declarations. easelnentB or restrictions listed in a schedule of exceptions to coverage in any title insurance policy insuring Lender's interest in the Property. x342 ~~E FLORIDA-~ TO 4 FAMILY-6175-FNMA/FHLI~IC uNIfORM iliSTRUMElfT INDIVIDUAL c . . _ - -