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HomeMy WebLinkAbout0712 505912, . ~ ~3` . FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF FORT PIERCE ,cK MORTGAGE loan No. ol -2so81340 ~ °g' THIS MORT(3AGS i. made this 3rd of . November . , 1s..8Q, between the Mortgagor, . AYE!19ll.Construc~ion,..Inc:,..a. F.19r~~A.~QrpQ~C~~'loll (herein "Borrower'7, and the Mortgagee, FIRST FEDERAL SAVINGS AND LOAN A83(1~CIATION OF FORT PIERCE, a corporation organised and existing under the laws of the United States, whose address is 100 South Second Street, Fort Pierce, Florida 3345(1 (herein "Lender'. WHERSAB, Bosrower is indebted to Lender in the principal sum of ~~~I~NTY,TMIQ, THOt~~ANQ, AND ,NO/100------„ -------------==------~Z~~s~Q..QQ~----------------- Liss .................Dollars, which indebtedness is evidenced by Borrower's note dated NOVgmbgr , 3,, 9 , 0, , , (herein "Note"). Providing for monthly installments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and payable on . p~~l:~~e1; , 2Q , , 2009, , , , To SgCU[tg to Leader (s) the repayment of the indebtedness evidenced by the Note. with interest thereon, the vayment of all other sums, with interest thereon. advanced in accordance herewith to protect the security of this Mortgage4, and the performance of the covenants and agreements of Borrower herein contained, and (b) the repayment of aqy future advances, with interest thereon, made to Borrower by Lender pursuant to paragraph 21 hereof (hereu? "Fbture Advances', Borrower does heroby mortgage, grant and convey to Lender the following described property located in the County of............ St.. I.UC~ 8 . State of Florida: Lot 13, PARK TRAIL ACRES SUBDIVISION, according to the plat thereof on file in Plat Book 19 Page 18, public records of St. Lucie County, Florida. 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 Mortgage to Mortgagor the aggregate of whcih will equal the principal amount specified in the promissory note secured hereby. i F.'_~'.'YtU S ~'1T.5° IN VI~r1~sn nF T'~ CL'. b"I CL-oi 'C' Rili?.'iC ?LE PIR~.~„=.a PROi E~~ ~ _ _ - 1 _ FUwau~]IT TO Gl:u'T£: I1-~~4, A%TS QF . , i Ru6uZ PaQRAS ~ [ r ~ ~ : A 4 ~ Y 1' CLCA!( C4C11(T COAT, iT. LYCIE ~ ~ - v ~ , - . _ E Fort Pierce ~ which has the address of..Egr~t, Avenue tcx,~ ~ . , , Florida 33450 ,(i,~;n ..property Address">; ' is~.~.~..a ti~ caaa......... . ~ ~ i ToGETHExwith all the improvements now or hereafter erected on the property, and alteasements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and profits, water, water rights, and water stock, 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 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 wil! warrant and defend generally the title to the i ' Property 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. ~ + i ~1~ I FLORIDA-, *o a F.~:~Y-6/75-FNMA/FHLMIC UNIFORM INSTRUMENT 80~ P~ CORPORATION 3 ,Z -f. ~.A . - rya 5